Ningbo Cixing Co., Ltd.

  • Market Cap: Mid Cap
  • Industry: Industrial Manufacturing
  • ISIN: CNE100001CT9
CNY
7.42
-1.18 (-13.72%)
  • 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

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Ningbo Cixing Co., Ltd.
Why is Ningbo Cixing Co., Ltd. ?
1
Poor Management Efficiency with a low ROCE of 1.97%
  • The company has been able to generate a Return on Capital Employed (avg) of 1.97% signifying low profitability per unit of total capital (equity and debt)
2
Poor long term growth as Net Sales has grown by an annual rate of 10.85% and Operating profit at 19.47% over the last 5 years
3
With a fall in Operating Profit of -25.56%, the company declared Very Negative results in Mar 25
  • The company has declared negative results for the last 2 consecutive quarters
  • PRE-TAX PROFIT(Q) At CNY 88.28 MM has Fallen at -66.29%
  • NET PROFIT(Q) At CNY 76.11 MM has Fallen at -66.25%
  • CASH AND EQV(HY) Lowest at CNY 830.92 MM
4
Underperformed the market in the last 1 year
  • Even though the market (China Shanghai Composite) has generated returns of 15.18% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -7.91% returns
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 Ningbo Cixing Co., Ltd. for you?

High Risk, Medium Return

Absolute
Risk Adjusted
Volatility
Ningbo Cixing Co., Ltd.
-100.0%
0.44
56.68%
China Shanghai Composite
15.19%
1.01
15.10%
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)
10.85%
EBIT Growth (5y)
19.47%
EBIT to Interest (avg)
2.70
Debt to EBITDA (avg)
1.04
Net Debt to Equity (avg)
0.11
Sales to Capital Employed (avg)
0.53
Tax Ratio
13.39%
Dividend Payout Ratio
55.54%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.97%
ROE (avg)
3.77%
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
60
Industry P/E
Price to Book Value
1.71
EV to EBIT
39.67
EV to EBITDA
23.56
EV to Capital Employed
1.70
EV to Sales
2.75
PEG Ratio
NA
Dividend Yield
2.82%
ROCE (Latest)
4.29%
ROE (Latest)
2.85%
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Bullish
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

2What is working for the Company
RAW MATERIAL COST(Y)

Fallen by -20.97% (YoY

DEBTORS TURNOVER RATIO(HY)

Highest at 3.72%

-19What is not working for the Company
PRE-TAX PROFIT(Q)

At CNY 88.28 MM has Fallen at -66.29%

NET PROFIT(Q)

At CNY 76.11 MM has Fallen at -66.25%

CASH AND EQV(HY)

Lowest at CNY 830.92 MM

INVENTORY TURNOVER RATIO(HY)

Lowest at 1.28%

INTEREST(Q)

Highest at CNY 2.04 MM

Here's what is working for Ningbo Cixing Co., Ltd.
Debtors Turnover Ratio
Highest at 3.72%
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 -20.97% (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 Ningbo Cixing Co., Ltd.
Pre-Tax Profit
At CNY 88.28 MM has Fallen at -66.29%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit
At CNY 76.11 MM has Fallen at -66.25%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (CNY MM)

Interest
At CNY 2.04 MM has Grown at 339.71%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest
Highest at CNY 2.04 MM
in the last five periods and Increased by 339.71% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Cash and Eqv
Lowest at CNY 830.92 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is deteriorating

Cash and Cash Equivalents

Inventory Turnover Ratio
Lowest at 1.28%
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio