Why is QC Solar (Suzhou) Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of -5.00% and Operating profit at -41.14% over the last 5 years
2
With a fall in Net Sales of -16.15%, the company declared Very Negative results in Mar 25
- The company has declared negative results for the last 4 consecutive quarters
- PRE-TAX PROFIT(Q) At CNY 12.8 MM has Fallen at -72.48%
- NET PROFIT(Q) At CNY 10.14 MM has Fallen at -74.51%
- OPERATING CASH FLOW(Y) Lowest at CNY 6.94 MM
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -9.66% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in each of the last 3 annual periods
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 Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is QC Solar (Suzhou) Co., Ltd. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
QC Solar (Suzhou) Co., Ltd.
-8.04%
0.10
37.33%
China Shanghai Composite
15.19%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
-5.00%
EBIT Growth (5y)
-41.14%
EBIT to Interest (avg)
96.48
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.06
Sales to Capital Employed (avg)
0.82
Tax Ratio
9.95%
Dividend Payout Ratio
42.91%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
16.34%
ROE (avg)
13.09%
Valuation Key Factors 
Factor
Value
P/E Ratio
16
Industry P/E
Price to Book Value
0.48
EV to EBIT
31.83
EV to EBITDA
15.79
EV to Capital Employed
0.45
EV to Sales
0.73
PEG Ratio
NA
Dividend Yield
1.57%
ROCE (Latest)
1.41%
ROE (Latest)
2.99%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
No Trend
Technical Movement
0What is working for the Company
NO KEY POSITIVE TRIGGERS
-34What is not working for the Company
PRE-TAX PROFIT(Q)
At CNY 12.8 MM has Fallen at -72.48%
NET PROFIT(Q)
At CNY 10.14 MM has Fallen at -74.51%
OPERATING CASH FLOW(Y)
Lowest at CNY 6.94 MM
ROCE(HY)
Lowest at 5.55%
DEBT-EQUITY RATIO
(HY)
Highest at -6.24 %
OPERATING PROFIT MARGIN(Q)
Lowest at 3.59 %
RAW MATERIAL COST(Y)
Grown by 46.63% (YoY
NET SALES(Q)
Fallen at -11.44%
Here's what is not working for QC Solar (Suzhou) Co., Ltd.
Pre-Tax Profit
At CNY 12.8 MM has Fallen at -72.48%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (CNY MM)
Net Profit
At CNY 10.14 MM has Fallen at -74.51%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Operating Profit Margin
Lowest at 3.59 % and Fallen
In each period in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Debt-Equity Ratio
Highest at -6.24 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Operating Cash Flow
Lowest at CNY 6.94 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Net Sales
Fallen at -11.44%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Raw Material Cost
Grown by 46.63% (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






