Ningbo Solartron Technology Co., Ltd. (688299) 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

Ningbo Solartron Technology Co., Ltd.

Why is Ningbo Solartron Technology Co., Ltd. ?

Poor long term growth as Net Sales has grown by an annual rate of 2.21% and Operating profit at -173.51% over the last 5 years

The company has declared Negative results for the last 14 consecutive quarters

NET SALES(HY) At CNY 537.49 MM has Grown at -22.06%
NET PROFIT(HY) At CNY -19.5 MM has Grown at -289.59%
ROCE(HY) Lowest at -2.53%

Risky -

The stock is trading risky as compared to its average historical valuations
Over the past year, while the stock has generated a return of 4.63%, its profits have fallen by -206.4%
At the current price, the company has a high dividend yield of 0

Underperformed the market in the last 1 year

The stock has generated a return of 4.63% in the last 1 year, much lower than market (China Shanghai Composite) returns of 22.49%

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 Packaging)

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

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

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Ningbo Solartron Technology Co., Ltd.

4.37%

1.06

51.68%

China Shanghai Composite

13.33%

1.58

14.20%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

2.21%

EBIT Growth (5y)

-173.51%

EBIT to Interest (avg)

64.58

Debt to EBITDA (avg)

1.82

Net Debt to Equity (avg)

0.23

Sales to Capital Employed (avg)

0.43

Tax Ratio

100.00%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

6.28%

ROE (avg)

5.52%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

3.11

EV to EBIT

-192.55

EV to EBITDA

88.64

EV to Capital Employed

2.70

EV to Sales

5.83

PEG Ratio

Dividend Yield

ROCE (Latest)

-1.40%

ROE (Latest)

-2.65%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bullish

Mildly Bearish

Dow Theory

Mildly Bearish

OBV

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

11What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 250.45 MM

PRE-TAX PROFIT(Q)

At CNY 4.25 MM has Grown at 152.15%

NET PROFIT(Q)

At CNY 3.21 MM has Grown at 123.33%

RAW MATERIAL COST(Y)

Fallen by -66.95% (YoY

-24What is not working for the Company

NET SALES(HY)

At CNY 537.49 MM has Grown at -22.06%

NET PROFIT(HY)

At CNY -19.5 MM has Grown at -289.59%

ROCE(HY)

Lowest at -2.53%

DEBTORS TURNOVER RATIO(HY)

Lowest at 1.78 times

INTEREST(Q)

At CNY 4.68 MM has Grown at 43.15%

CASH AND EQV(HY)

Lowest at CNY 693.74 MM

INVENTORY TURNOVER RATIO(HY)

Lowest at 3.19 times

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

Operating Cash Flow

Highest at CNY 250.45 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Pre-Tax Profit

At CNY 4.25 MM has Grown at 152.15%

over average net sales of the previous four periods of CNY -8.15 MM

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 3.21 MM has Grown at 123.33%

over average net sales of the previous four periods of CNY -13.76 MM

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (CNY MM)

Raw Material Cost

Fallen by -66.95% (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 Solartron Technology Co., Ltd.

Net Sales

At CNY 537.49 MM has Grown at -22.06%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very negative

Net Sales (CNY MM)

Interest

At CNY 4.68 MM has Grown at 43.15%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Debtors Turnover Ratio

Lowest at 1.78 times 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

Cash and Eqv

Lowest at CNY 693.74 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents

Inventory Turnover Ratio

Lowest at 3.19 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Non Operating Income

Highest at CNY 0.59 MM

in the last five periods

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating income