Miracle Automation Engineering Co., Ltd.

  • Market Cap: Mid Cap
  • Industry: Industrial Manufacturing
  • ISIN: CNE000001JR9
  • SHE: 002009
CNY
15.62
-0.19 (-1.2%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Miracle Automation Engineering Co., Ltd.

Why is Miracle Automation Engineering Co., Ltd. ?

1
Poor Management Efficiency with a low ROCE of 1.81%
  • The company has been able to generate a Return on Capital Employed (avg) of 1.81% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
  • Poor long term growth as Net Sales has grown by an annual rate of -5.42% and Operating profit at -23.79% over the last 5 years
  • The company is Net-Debt Free
  • The company has been able to generate a Return on Equity (avg) of 2.76% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of -5.42% and Operating profit at -23.79% over the last 5 years
4
The company has declared Positive results for the last 3 consecutive quarters
  • OPERATING CASH FLOW(Y) Highest at CNY 313.42 MM
  • ROCE(HY) Highest at 1.83%
  • RAW MATERIAL COST(Y) Fallen by -56.4% (YoY)
5
With ROE of 1.86%, it has a fair valuation with a 4.30 Price to Book Value
  • Over the past year, while the stock has generated a return of 44.01%, its profits have risen by 118% ; the PEG ratio of the company is 2
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. 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 Industrial Manufacturing)

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

Is Miracle Automation Engineering Co., Ltd. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Miracle Automation Engineering Co., Ltd.
-11.1%
1.49
56.88%
China Shanghai Composite
3.23%
1.20
14.07%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
-5.42%
EBIT Growth (5y)
-23.79%
EBIT to Interest (avg)
-0.76
Debt to EBITDA (avg)
6.29
Net Debt to Equity (avg)
0.66
Sales to Capital Employed (avg)
0.71
Tax Ratio
31.16%
Dividend Payout Ratio
36.79%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.20%
ROE (avg)
2.76%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
201
Industry P/E
Price to Book Value
3.74
EV to EBIT
249.67
EV to EBITDA
58.86
EV to Capital Employed
2.74
EV to Sales
3.09
PEG Ratio
1.70
Dividend Yield
NA
ROCE (Latest)
1.10%
ROE (Latest)
1.86%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

11What is working for the Company
OPERATING CASH FLOW(Y)

Highest at CNY 336.96 MM

RAW MATERIAL COST(Y)

Fallen by -12.29% (YoY

NET PROFIT(9M)

Higher at CNY 16.19 MM

DEBTORS TURNOVER RATIO(HY)

Highest at 1.61 times

OPERATING PROFIT(Q)

Highest at CNY 72.63 MM

OPERATING PROFIT MARGIN(Q)

Highest at 9.87 %

-14What is not working for the Company
NET PROFIT(Q)

At CNY -0.83 MM has Fallen at -108.14%

INTEREST(Q)

At CNY 16.19 MM has Grown at 22.64%

CASH AND EQV(HY)

Lowest at CNY 1,231.59 MM

PRE-TAX PROFIT(Q)

Lowest at CNY 6.69 MM

Here's what is working for Miracle Automation Engineering Co., Ltd.

Operating Cash Flow
Highest at CNY 336.96 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Operating Profit
Highest at CNY 72.63 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Operating Profit Margin
Highest at 9.87 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

Debtors Turnover Ratio
Highest at 1.61 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost
Fallen by -12.29% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Depreciation
At CNY 38.04 MM has Grown at inf%
period on period (QoQ)
MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (CNY MM)

Here's what is not working for Miracle Automation Engineering Co., Ltd.

Pre-Tax Profit
At CNY 6.69 MM has Fallen at -78.14%
over average net sales of the previous four periods of CNY 30.58 MM
MOJO Watch
Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit
At CNY -0.83 MM has Fallen at -108.14%
over average net sales of the previous four periods of CNY 10.22 MM
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (CNY MM)

Interest
At CNY 16.19 MM has Grown at 22.64%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Pre-Tax Profit
Lowest at CNY 6.69 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (CNY MM)

Cash and Eqv
Lowest at CNY 1,231.59 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is deteriorating

Cash and Cash Equivalents

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