New Hope Dairy Co., Ltd. (002946) 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

New Hope Dairy Co., Ltd.

Why is New Hope Dairy 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 12.34% and Operating profit at 28.17% 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 15.10% signifying low profitability per unit of shareholders funds

Positive results in Sep 25

OPERATING CASH FLOW(Y) Highest at CNY 1,602.95 MM
ROCE(HY) Highest at 20.48%
RAW MATERIAL COST(Y) Fallen by 0.92% (YoY)

With ROE of 19.38%, it has a attractive valuation with a 4.44 Price to Book Value

Over the past year, while the stock has generated a return of 22.51%, its profits have risen by 32.8% ; the PEG ratio of the company is 0.7
At the current price, the company has a high dividend yield of 1.7

Real-Time Research Report

Verdict Report

How much should you hold?

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.

22.51%

1.84

43.02%

China Shanghai Composite

13.33%

0.90

14.74%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

12.34%

EBIT Growth (5y)

28.17%

EBIT to Interest (avg)

4.81

Debt to EBITDA (avg)

3.59

Net Debt to Equity (avg)

0.77

Sales to Capital Employed (avg)

1.70

Tax Ratio

13.37%

Dividend Payout Ratio

45.62%

Pledged Shares

Institutional Holding

ROCE (avg)

9.18%

ROE (avg)

15.10%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

4.44

EV to EBIT

19.37

EV to EBITDA

12.50

EV to Capital Employed

3.01

EV to Sales

1.57

PEG Ratio

0.70

Dividend Yield

1.66%

ROCE (Latest)

15.53%

ROE (Latest)

19.38%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Dow Theory

No Trend

OBV

No Trend

Mildly Bearish

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

7What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 1,602.95 MM

ROCE(HY)

Highest at 20.48%

RAW MATERIAL COST(Y)

Fallen by 0.92% (YoY

NET PROFIT(9M)

Higher at CNY 619.42 MM

DEBT-EQUITY RATIO (HY)

Lowest at 59.17 %

-2What is not working for the Company

DEBTORS TURNOVER RATIO(HY)

Lowest at 13.16 times

OPERATING PROFIT MARGIN(Q)

Lowest at 9.44 %

Here's what is working for New Hope Dairy Co., Ltd.

Operating Cash Flow

Highest at CNY 1,602.95 MM

in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Debt-Equity Ratio

Lowest at 59.17 %

in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Net Profit

Higher at CNY 619.42 MM

than preceding 12 month period ended Sep 2025

MOJO Watch

In the nine month period the company has already crossed sales of the previous twelve months

Net Profit (CNY MM)

Raw Material Cost

Fallen by 0.92% (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

Here's what is not working for New Hope Dairy Co., Ltd.

Operating Profit Margin

Lowest at 9.44 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Debtors Turnover Ratio

Lowest at 13.16 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio