Ningbo David Medical Device Co., Ltd. (300314) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

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 David Medical Device Co., Ltd.

Why is Ningbo David Medical Device Co., Ltd. ?

Poor long term growth as Net Sales has grown by an annual rate of 5.19% and Operating profit at -4.33% over the last 5 years

The company has declared Negative results for the last 4 consecutive quarters

INTEREST(HY) At CNY 0.55 MM has Grown at 94.57%
OPERATING CASH FLOW(Y) Lowest at CNY 83.38 MM
NET SALES(Q) At CNY 120.31 MM has Fallen at -22.03%

With ROE of 5.16%, it has a expensive valuation with a 2.18 Price to Book Value

Over the past year, while the stock has generated a return of 6.12%, its profits have fallen by -39.5%
At the current price, the company has a high dividend yield of 1

Real-Time Research Report

Verdict Report

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 Pharmaceuticals & Biotechnology)

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

Is Ningbo David Medical Device Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Ningbo David Medical Device Co., Ltd.

3.1%

0.62

42.37%

China Shanghai Composite

14.77%

1.01

15.10%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

5.19%

EBIT Growth (5y)

-4.33%

EBIT to Interest (avg)

87.47

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.52

Sales to Capital Employed (avg)

0.48

Tax Ratio

5.38%

Dividend Payout Ratio

43.76%

Pledged Shares

Institutional Holding

ROCE (avg)

22.37%

ROE (avg)

9.85%

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

2.18

EV to EBIT

36.60

EV to EBITDA

24.80

EV to Capital Employed

3.48

EV to Sales

3.92

PEG Ratio

Dividend Yield

0.96%

ROCE (Latest)

9.52%

ROE (Latest)

5.16%

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

Bullish

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bearish

No Trend

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

1What is working for the Company

RAW MATERIAL COST(Y)

Fallen by -0.74% (YoY

-43What is not working for the Company

INTEREST(HY)

At CNY 0.55 MM has Grown at 94.57%

OPERATING CASH FLOW(Y)

Lowest at CNY 83.38 MM

NET SALES(Q)

At CNY 120.31 MM has Fallen at -22.03%

ROCE(HY)

Lowest at 3.49%

DEBT-EQUITY RATIO (HY)

Highest at -51.89 %

DEBTORS TURNOVER RATIO(HY)

Lowest at 10.58%

INTEREST COVERAGE RATIO(Q)

Lowest at 4,058.74

PRE-TAX PROFIT(Q)

At CNY 24.33 MM has Fallen at -48.84%

NET PROFIT(Q)

At CNY 22.57 MM has Fallen at -40.78%

INVENTORY TURNOVER RATIO(HY)

Lowest at 1.28%

Here's what is working for Ningbo David Medical Device Co., Ltd.

Raw Material Cost

Fallen by -0.74% (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 David Medical Device Co., Ltd.

Interest

At CNY 0.55 MM has Grown at 94.57%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Net Sales

At CNY 120.31 MM has Fallen at -22.03%

Year on Year (YoY)

MOJO Watch

Near term sales trend is extremely negative

Net Sales (CNY MM)

Operating Cash Flow

Lowest at CNY 83.38 MM and Fallen

In each year in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Interest Coverage Ratio

Lowest at 4,058.74

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Pre-Tax Profit

At CNY 24.33 MM has Fallen at -48.84%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 22.57 MM has Fallen at -40.78%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Debt-Equity Ratio

Highest at -51.89 % and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Debtors Turnover Ratio

Lowest at 10.58% and Fallen

In each half year in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

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