Ming Yang Smart Energy Group Co., Ltd. (601615) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Ming Yang Smart Energy Group Co., Ltd.

Why is Ming Yang Smart Energy Group Co., Ltd. ?

High Debt Company with a Debt to Equity ratio (avg) at times

Poor long term growth as Net Sales has grown by an annual rate of 12.60% and Operating profit at -133.76% over the last 5 years
High Debt Company with a Debt to Equity ratio (avg) at times
The company has been able to generate a Return on Equity (avg) of 7.83% signifying low profitability per unit of shareholders funds

Poor long term growth as Net Sales has grown by an annual rate of 12.60% and Operating profit at -133.76% over the last 5 years

The company has declared Negative results for the last 10 consecutive quarters

NET PROFIT(HY) At CNY 394.43 MM has Grown at -22.56%
PRE-TAX PROFIT(Q) At CNY 132.69 MM has Fallen at -44.72%
DEBT-EQUITY RATIO (HY) Highest at 81.22 %

With ROE of 1.19%, it has a fair valuation with a 1.35 Price to Book Value

Over the past year, while the stock has generated a return of 80.97%, its profits have fallen by -28%
At the current price, the company has a high dividend yield of 2

Market Beating Performance

The stock has generated a return of 80.97% in the last 1 year, much higher than market (China Shanghai Composite) returns of 22.49%

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Ming Yang Smart Energy Group Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Ming Yang Smart Energy Group Co., Ltd.

38.31%

1.96

47.09%

China Shanghai Composite

19.02%

1.58

14.20%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

12.60%

EBIT Growth (5y)

-133.76%

EBIT to Interest (avg)

2.92

Debt to EBITDA (avg)

9.23

Net Debt to Equity (avg)

0.54

Sales to Capital Employed (avg)

0.57

Tax Ratio

5.41%

Dividend Payout Ratio

60.28%

Pledged Shares

Institutional Holding

ROCE (avg)

7.10%

ROE (avg)

7.83%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

214

Industry P/E

Price to Book Value

1.90

EV to EBIT

-10706.77

EV to EBITDA

61.47

EV to Capital Employed

1.54

EV to Sales

2.04

PEG Ratio

0.08

Dividend Yield

1.38%

ROCE (Latest)

-0.01%

ROE (Latest)

0.89%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Sideways

Moving Averages

Mildly Bullish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bearish

OBV

Mildly Bullish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

5What is working for the Company

NET SALES(HY)

At CNY 20,453.91 MM has Grown at 39.85%

-21What is not working for the Company

INTEREST COVERAGE RATIO(Q)

Lowest at 21.12

PRE-TAX PROFIT(Q)

At CNY -51.67 MM has Fallen at -115.07%

NET PROFIT(Q)

At CNY -47.57 MM has Fallen at -114.78%

OPERATING CASH FLOW(Y)

Lowest at CNY -6,963.77 MM

INTEREST(Q)

At CNY 141.31 MM has Grown at 36.02%

RAW MATERIAL COST(Y)

Grown by 16.29% (YoY

DEBT-EQUITY RATIO (HY)

Highest at 98 %

OPERATING PROFIT(Q)

Lowest at CNY 29.84 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 0.34 %

Here's what is working for Ming Yang Smart Energy Group Co., Ltd.

Net Sales

At CNY 20,453.91 MM has Grown at 39.85%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very positive

Net Sales (CNY MM)

Here's what is not working for Ming Yang Smart Energy Group Co., Ltd.

Interest Coverage Ratio

Lowest at 21.12 and Fallen

In each period in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Pre-Tax Profit

At CNY -51.67 MM has Fallen at -115.07%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY -47.57 MM has Fallen at -114.78%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Interest

At CNY 141.31 MM has Grown at 36.02%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Operating Cash Flow

Lowest at CNY -6,963.77 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Operating Profit

Lowest at CNY 29.84 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin

Lowest at 0.34 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Debt-Equity Ratio

Highest at 98 %

in the last five Semi-Annual periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Raw Material Cost

Grown by 16.29% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales

Non Operating Income

Highest at CNY 2.39 MM

in the last five periods

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating income