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
How much should you sell?
- 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.
-7.48%
0.44
56.68%
China Shanghai Composite
15.19%
1.01
15.10%
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%
Valuation Key Factors 
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%
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
Technical Movement
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 periodsMOJO 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 periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Inventory Turnover Ratio
Lowest at 1.28%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






