Why is Ningxia Qinglong Pipes Industry Group Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 3.36% and Operating profit at -6.40% over the last 5 years
2
Negative results in Mar 26
- INTEREST(Q) At CNY 4.32 MM has Grown at 135.49%
- NET SALES(Q) Lowest at CNY 251.55 MM
- OPERATING PROFIT(Q) Lowest at CNY -3.85 MM
3
Underperformed the market in the last 1 year
- The stock has generated a return of 0.16% in the last 1 year, much lower than market (China Shanghai Composite) returns of 16.83%
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 Building Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Ningxia Qinglong Pipes Industry Group Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Ningxia Qinglong Pipes Industry Group Co., Ltd.
-0.26%
1.55
41.60%
China Shanghai Composite
3.23%
1.20
14.07%
Quality key factors
Factor
Value
Sales Growth (5y)
3.36%
EBIT Growth (5y)
-6.40%
EBIT to Interest (avg)
8.89
Debt to EBITDA (avg)
1.50
Net Debt to Equity (avg)
0.16
Sales to Capital Employed (avg)
0.79
Tax Ratio
20.37%
Dividend Payout Ratio
40.77%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
6.50%
ROE (avg)
8.04%
Valuation Key Factors 
Factor
Value
P/E Ratio
34
Industry P/E
Price to Book Value
1.61
EV to EBIT
29.06
EV to EBITDA
18.22
EV to Capital Employed
1.56
EV to Sales
1.66
PEG Ratio
NA
Dividend Yield
0.99%
ROCE (Latest)
5.38%
ROE (Latest)
4.70%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Sideways
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Bullish
Technical Movement
6What is working for the Company
PRE-TAX PROFIT(Q)
At CNY 27.99 MM has Grown at 671.24%
OPERATING CASH FLOW(Y)
Highest at CNY 438.01 MM
CASH AND EQV(HY)
Highest at CNY 1,204.75 MM
-5What is not working for the Company
NET PROFIT(9M)
At CNY 93.54 MM has Grown at -42.26%
RAW MATERIAL COST(Y)
Grown by 5.49% (YoY
Here's what is working for Ningxia Qinglong Pipes Industry Group Co., Ltd.
Pre-Tax Profit
At CNY 27.99 MM has Grown at 671.24%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (CNY MM)
Operating Cash Flow
Highest at CNY 438.01 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Cash and Eqv
Highest at CNY 1,204.75 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Ningxia Qinglong Pipes Industry Group Co., Ltd.
Net Profit
At CNY 93.54 MM has Grown at -42.26%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Raw Material Cost
Grown by 5.49% (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






