ScoreWhy is New Hope Dairy Co., Ltd. ?
1
The company is Net-Debt Free
- Poor long term growth as Net Sales has grown by an annual rate of 8.21% and Operating profit at 23.78% over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 15.10% signifying low profitability per unit of shareholders funds
2
Flat results in Mar 26
- INTEREST(Q) At CNY 19.14 MM has Grown at 14.72%
- INTEREST COVERAGE RATIO(Q) Lowest at 1,258.56
- OPERATING PROFIT(Q) Lowest at CNY 240.89 MM
3
With ROE of 20.50%, it has a attractive valuation with a 3.60 Price to Book Value
- Over the past year, while the stock has generated a return of -17.33%, its profits have risen by 39.5% ; the PEG ratio of the company is 0.5
- At the current price, the company has a high dividend yield of 4.2
4
Below par performance in long term as well as near term
- Along with generating -17.33% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to New Hope Dairy Co., Ltd. should be less than 10%
- Overall Portfolio exposure to FMCG should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in FMCG)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is New Hope Dairy Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
New Hope Dairy Co., Ltd.
-14.37%
1.29
36.45%
China Shanghai Composite
3.23%
1.20
14.07%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
8.21%
EBIT Growth (5y)
23.78%
EBIT to Interest (avg)
6.54
Debt to EBITDA (avg)
2.90
Net Debt to Equity (avg)
0.77
Sales to Capital Employed (avg)
1.73
Tax Ratio
11.22%
Dividend Payout Ratio
52.97%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.52%
ROE (avg)
15.10%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
Price to Book Value
3.07
EV to EBIT
13.99
EV to EBITDA
10.29
EV to Capital Employed
2.43
EV to Sales
1.21
PEG Ratio
0.39
Dividend Yield
3.18%
ROCE (Latest)
17.38%
ROE (Latest)
20.50%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend16What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 1,620.99 MM
ROCE(HY)
Highest at 23.15%
INTEREST COVERAGE RATIO(Q)
Highest at 2,864.57
DIVIDEND PAYOUT RATIO(Y)
Highest at 25.03%
INVENTORY TURNOVER RATIO(HY)
Highest at 15.59 times
DIVIDEND PER SHARE(HY)
Highest at CNY 13.45
NET SALES(Q)
Highest at CNY 2,970.1 MM
OPERATING PROFIT(Q)
Highest at CNY 498.46 MM
OPERATING PROFIT MARGIN(Q)
Highest at 16.78 %
PRE-TAX PROFIT(Q)
Highest at CNY 361.79 MM
NET PROFIT(Q)
Highest at CNY 279.01 MM
EPS(Q)
Highest at CNY 0.32
-3What is not working for the Company
CASH AND EQV(HY)
Lowest at CNY 886.58 MM
DEBTORS TURNOVER RATIO(HY)
Lowest at 13.45 times
Here's what is working for New Hope Dairy Co., Ltd.
Operating Cash Flow
Highest at CNY 1,620.99 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Interest Coverage Ratio
Highest at 2,864.57
in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales
Highest at CNY 2,970.1 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Operating Profit
Highest at CNY 498.46 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (CNY MM)
Operating Profit Margin
Highest at 16.78 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at CNY 361.79 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Net Profit
Highest at CNY 279.01 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
EPS
Highest at CNY 0.32
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CNY)
Inventory Turnover Ratio
Highest at 15.59 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Dividend per share
Highest at CNY 13.45
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (CNY)
Dividend Payout Ratio
Highest at 25.03%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Here's what is not working for New Hope Dairy Co., Ltd.
Cash and Eqv
Lowest at CNY 886.58 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debtors Turnover Ratio
Lowest at 13.45 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
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