Ningbo Water Meter Group Co., Ltd. (603700) 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 Water Meter Group Co., Ltd.

Why is Ningbo Water Meter Group Co., Ltd. ?

With ROE of 4.67%, it has a fair valuation with a 0.77 Price to Book Value

Over the past year, while the stock has generated a return of 17.08%, its profits have fallen by -31.9%
At the current price, the company has a high dividend yield of 33

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to Ningbo Water Meter Group 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 Water Meter Group Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Ningbo Water Meter Group Co., Ltd.

17.08%

0.77

40.64%

China Shanghai Composite

14.77%

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)

1.24%

EBIT Growth (5y)

-149.63%

EBIT to Interest (avg)

64.53

Debt to EBITDA (avg)

Net Debt is too low

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

0.88

Tax Ratio

7.70%

Dividend Payout Ratio

76.78%

Pledged Shares

Institutional Holding

ROCE (avg)

10.90%

ROE (avg)

10.45%

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

0.77

EV to EBIT

-186.38

EV to EBITDA

39.15

EV to Capital Employed

0.77

EV to Sales

0.81

PEG Ratio

Dividend Yield

33.00%

ROCE (Latest)

-0.41%

ROE (Latest)

4.67%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

No Trend

OBV

Mildly Bullish

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

8What is working for the Company

INVENTORY TURNOVER RATIO(HY)

Highest at 3.07%

PRE-TAX PROFIT(Q)

Highest at CNY 31.34 MM

NET PROFIT(Q)

Highest at CNY 27.92 MM

EPS(Q)

Highest at CNY 0.14

-15What is not working for the Company

NET PROFIT(HY)

At CNY 45.25 MM has Grown at -26.28%

INTEREST(HY)

At CNY 0.9 MM has Grown at 7.18%

ROCE(HY)

Lowest at 4.28%

RAW MATERIAL COST(Y)

Grown by 39.34% (YoY

CASH AND EQV(HY)

Lowest at CNY 661.3 MM

OPERATING PROFIT(Q)

Lowest at CNY -17.84 MM

OPERATING PROFIT MARGIN(Q)

Lowest at -6.77 %

Here's what is working for Ningbo Water Meter Group Co., Ltd.

Pre-Tax Profit

At CNY 31.34 MM has Grown at 126.97%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 27.92 MM has Grown at 138.97%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (CNY MM)

Pre-Tax Profit

Highest at CNY 31.34 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Net Profit

Highest at CNY 27.92 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS

Highest at CNY 0.14

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Inventory Turnover Ratio

Highest at 3.07%

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Here's what is not working for Ningbo Water Meter Group Co., Ltd.

Interest

At CNY 0.9 MM has Grown at 7.18%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Operating Profit

Lowest at CNY -17.84 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin

Lowest at -6.77 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Cash and Eqv

Lowest at CNY 661.3 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents

Raw Material Cost

Grown by 39.34% (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