Ningbo Deye Technology Co., Ltd. () 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 Deye Technology Co., Ltd.

Why is Ningbo Deye Technology Co., Ltd. ?

The company has declared Positive results for the last 3 consecutive quarters

NET SALES(HY) At CNY 5,697.49 MM has Grown at 89.58%
NET PROFIT(HY) At CNY 1,420.68 MM has Grown at 154.84%
OPERATING CASH FLOW(Y) Highest at CNY 3,712.81 MM

With ROE of 34.71%, it has a very attractive valuation with a 6.82 Price to Book Value

Over the past year, while the stock has generated a return of 32.75%, its profits have risen by 104.8% ; the PEG ratio of the company is 0.5
At the current price, the company has a high dividend yield of 2.8

Market Beating Performance

The stock has generated a return of 32.75% in the last 1 year, much higher than market (China Shanghai Composite) returns of 14.77%

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Ningbo Deye Technology Co., Ltd. should be less than 10%
Overall Portfolio exposure to Industrial Manufacturing should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Ningbo Deye Technology Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Ningbo Deye Technology Co., Ltd.

38.39%

0.49

54.97%

China Shanghai Composite

15.19%

1.01

14.58%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

37.27%

EBIT Growth (5y)

72.32%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.32

Sales to Capital Employed (avg)

0.82

Tax Ratio

13.05%

Dividend Payout Ratio

59.16%

Pledged Shares

Institutional Holding

ROCE (avg)

44.57%

ROE (avg)

31.13%

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

6.82

EV to EBIT

18.61

EV to EBITDA

17.52

EV to Capital Employed

10.23

EV to Sales

5.09

PEG Ratio

0.54

Dividend Yield

2.82%

ROCE (Latest)

54.97%

ROE (Latest)

34.71%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Mildly Bearish

Dow Theory

Mildly Bearish

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

26What is working for the Company

NET SALES(HY)

At CNY 5,697.49 MM has Grown at 89.58%

NET PROFIT(HY)

At CNY 1,420.68 MM has Grown at 154.84%

OPERATING CASH FLOW(Y)

Highest at CNY 3,712.81 MM

RAW MATERIAL COST(Y)

Fallen by -6.68% (YoY

INVENTORY TURNOVER RATIO(HY)

Highest at 6.45%

PRE-TAX PROFIT(Q)

At CNY 774.39 MM has Grown at 54.33%

-6What is not working for the Company

INTEREST(Q)

At CNY 8.22 MM has Grown at 85.94%

OPERATING PROFIT MARGIN(Q)

Lowest at 24.41 %

Here's what is working for Ningbo Deye Technology Co., Ltd.

Operating Cash Flow

Highest at CNY 3,712.81 MM

in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Net Sales

At CNY 2,547.84 MM has Grown at 36.37%

Year on Year (YoY)

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Pre-Tax Profit

At CNY 774.39 MM has Grown at 54.33%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 665.94 MM has Grown at 54.18%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Inventory Turnover Ratio

Highest at 6.45%

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Raw Material Cost

Fallen by -6.68% (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 Deye Technology Co., Ltd.

Interest

At CNY 8.22 MM has Grown at 85.94%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Operating Profit Margin

Lowest at 24.41 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Non Operating Income

Highest at CNY 0.2 MM

in the last five periods

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating income