Why is Ming Yang Smart Energy Group Co., Ltd. ?
1
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 17.07% and Operating profit at -186.57% 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
2
Poor long term growth as Net Sales has grown by an annual rate of 17.07% and Operating profit at -186.57% over the last 5 years
3
The company has declared Negative results for the last 10 consecutive quarters
- NET PROFIT(9M) At CNY 11.19 MM has Grown at -81.19%
- INTEREST(HY) At CNY 260.2 MM has Grown at 31.09%
- RAW MATERIAL COST(Y) Grown by 34.35% (YoY)
4
With ROE of 1.19%, it has a fair valuation with a 1.16 Price to Book Value
- Over the past year, while the stock has generated a return of -10.15%, its profits have fallen by -28%
- At the current price, the company has a high dividend yield of 2.3
5
Underperformed the market in the last 1 year
- Even though the market (China Shanghai Composite) has generated returns of 14.77% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -10.15% returns
How much should you hold?
- Overall Portfolio exposure to Ming Yang Smart Energy Group Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
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.
-3.52%
0.76
37.93%
China Shanghai Composite
15.19%
1.01
14.58%
Quality key factors
Factor
Value
Sales Growth (5y)
17.07%
EBIT Growth (5y)
-186.57%
EBIT to Interest (avg)
2.92
Debt to EBITDA (avg)
9.23
Net Debt to Equity (avg)
0.54
Sales to Capital Employed (avg)
0.55
Tax Ratio
5.41%
Dividend Payout Ratio
188.76%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.10%
ROE (avg)
7.83%
Valuation Key Factors 
Factor
Value
P/E Ratio
97
Industry P/E
Price to Book Value
1.16
EV to EBIT
-74.24
EV to EBITDA
50.80
EV to Capital Employed
1.10
EV to Sales
1.38
PEG Ratio
NA
Dividend Yield
2.28%
ROCE (Latest)
-1.48%
ROE (Latest)
1.19%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
6What is working for the Company
NET PROFIT(HY)
At CNY -154.31 MM has Grown at 70.89%
NET SALES(Q)
At CNY 7,669.77 MM has Grown at 51.79%
-14What is not working for the Company
NET PROFIT(9M)
At CNY 11.19 MM has Grown at -81.19%
INTEREST(HY)
At CNY 260.2 MM has Grown at 31.09%
RAW MATERIAL COST(Y)
Grown by 34.35% (YoY
DEBT-EQUITY RATIO
(HY)
Highest at 67.79 %
Here's what is working for Ming Yang Smart Energy Group Co., Ltd.
Net Sales
At CNY 7,669.77 MM has Grown at 51.79%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (CNY MM)
Net Profit
At CNY -154.31 MM has Grown at 70.89%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
Here's what is not working for Ming Yang Smart Energy Group Co., Ltd.
Interest
At CNY 260.2 MM has Grown at 31.09%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Debt-Equity Ratio
Highest at 67.79 %
in the last five Semi-Annual periodsMOJO 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 34.35% (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






