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Ningbo TIP Rubber Technology Co., Ltd

  • Market Cap: Mid Cap
  • Industry: Auto Components & Equipments
  • ISIN: CNE1000043L7
  • SHG: 605255
CNY
61.56
-0.97 (-1.55%)

Sep 22

SHG

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  • 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

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Ningbo TIP Rubber Technology Co., Ltd

Why is Ningbo TIP Rubber Technology Co., Ltd ?

1
Poor Management Efficiency with a low ROCE of 5.90%
  • The company has been able to generate a Return on Capital Employed (avg) of 5.90% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
  • Poor long term growth as Net Sales has grown by an annual rate of -0.88% and Operating profit at -16.21% over the last 5 years
  • The company is Net-Debt Free
  • The company has been able to generate a Return on Equity (avg) of 4.20% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of -0.88% and Operating profit at -16.21% over the last 5 years
4
With a fall in EPS of -417.36%, the company declared Very Negative results in Jun 26
  • The company has declared negative results for the last 3 consecutive quarters
  • INTEREST(9M) At CNY 12.77 MM has Grown at inf%
  • ROCE(HY) Lowest at 0.07%
  • INTEREST COVERAGE RATIO(Q) Lowest at 102.73
5
With ROE of 1.85%, it has a very expensive valuation with a 12.52 Price to Book Value
  • Over the past year, while the stock has generated a return of -32.00%, its profits have fallen by -52.9%
  • At the current price, the company has a high dividend yield of 0.1
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 Auto Components & Equipments)

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

Is Ningbo TIP Rubber Technology Co., Ltd for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Ningbo TIP Rubber Technology Co., Ltd
-39.15%
4.98
83.23%
China Shanghai Composite
3.23%
0.23
14.72%
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)
-0.88%
EBIT Growth (5y)
-16.21%
EBIT to Interest (avg)
24.90
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.22
Sales to Capital Employed (avg)
0.38
Tax Ratio
46.45%
Dividend Payout Ratio
51.28%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
4.59%
ROE (avg)
4.20%
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
677
Industry P/E
Price to Book Value
12.52
EV to EBIT
348.39
EV to EBITDA
144.06
EV to Capital Employed
-37.04
EV to Sales
29.49
PEG Ratio
NA
Dividend Yield
0.11%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
1.85%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bearish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

5What is working for the Company
DEBT-EQUITY RATIO (HY)

Lowest at -25.09 %

CASH AND EQV(HY)

Highest at CNY 2,123.25 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 4.37 times

DEBTORS TURNOVER RATIO(HY)

Highest at 3.92 times

-29What is not working for the Company
INTEREST(9M)

At CNY 12.77 MM has Grown at inf%

ROCE(HY)

Lowest at 0.07%

INTEREST COVERAGE RATIO(Q)

Lowest at 102.73

RAW MATERIAL COST(Y)

Grown by 16.07% (YoY

NET SALES(Q)

At CNY 70.42 MM has Fallen at -8.91%

OPERATING PROFIT(Q)

Lowest at CNY 6.57 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 9.32 %

PRE-TAX PROFIT(Q)

Lowest at CNY -12.78 MM

NET PROFIT(Q)

Lowest at CNY -12.26 MM

EPS(Q)

Lowest at CNY -0.09

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

Debt-Equity Ratio
Lowest at -25.09 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Cash and Eqv
Highest at CNY 2,123.25 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio
Highest at 4.37 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio
Highest at 3.92 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Here's what is not working for Ningbo TIP Rubber Technology Co., Ltd

Interest
At CNY 12.77 MM has Grown at inf%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Pre-Tax Profit
At CNY -12.78 MM has Fallen at -342.65%
over average net sales of the previous four periods of CNY 5.27 MM
MOJO Watch
Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit
At CNY -12.26 MM has Fallen at -426.4%
over average net sales of the previous four periods of CNY 3.76 MM
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (CNY MM)

Interest Coverage Ratio
Lowest at 102.73
in the last five periods
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Net Sales
At CNY 70.42 MM has Fallen at -8.91%
over average net sales of the previous four periods of CNY 77.31 MM
MOJO Watch
Near term sales trend is negative

Net Sales (CNY MM)

Operating Profit
Lowest at CNY 6.57 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin
Lowest at 9.32 %
in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales

Pre-Tax Profit
Lowest at CNY -12.78 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (CNY MM)

Net Profit
Lowest at CNY -12.26 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is negative

Net Profit (CNY MM)

EPS
Lowest at CNY -0.09
in the last five periods
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (CNY)

Raw Material Cost
Grown by 16.07% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales

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Ningbo TIP Rubber Technology Co., Ltd (605255) Stock Recommendation | Score, Valuation, Technicals & Financial Trend