Why is Shaanxi Meineng Clean Energy Corp., Ltd. ?
1
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Net Sales has grown by an annual rate of 15.30% and Operating profit at 11.19% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 6.20% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of 15.30% and Operating profit at 11.19% over the last 5 years
3
Negative results in Mar 25
- INTEREST(HY) At CNY 0.18 MM has Grown at 72.28%
- INTEREST COVERAGE RATIO(Q) Lowest at 27,253.05
- OPERATING PROFIT MARGIN(Q) Lowest at 9.49 %
4
With ROE of 7.71%, it has a very attractive valuation with a 0.66 Price to Book Value
- Over the past year, while the stock has generated a return of 20.79%, its profits have risen by 24.6%
How much should you hold?
- Overall Portfolio exposure to Shaanxi Meineng Clean Energy Corp., Ltd. should be less than 10%
- Overall Portfolio exposure to Gas should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gas)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Shaanxi Meineng Clean Energy Corp., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Shaanxi Meineng Clean Energy Corp., Ltd.
8.0%
0.84
41.38%
China Shanghai Composite
15.19%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
15.30%
EBIT Growth (5y)
11.19%
EBIT to Interest (avg)
23.81
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.53
Sales to Capital Employed (avg)
0.48
Tax Ratio
18.68%
Dividend Payout Ratio
129.37%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.92%
ROE (avg)
6.20%
Valuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
0.66
EV to EBIT
0.03
EV to EBITDA
0.02
EV to Capital Employed
0.01
EV to Sales
0.00
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
20.59%
ROE (Latest)
7.71%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
9What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 135.87 MM
ROCE(HY)
Highest at 7.06%
RAW MATERIAL COST(Y)
Fallen by -40.18% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 39.34%
DEBTORS TURNOVER RATIO(HY)
Highest at 51.67%
NET SALES(Q)
Highest at CNY 243.89 MM
-11What is not working for the Company
INTEREST(HY)
At CNY 0.18 MM has Grown at 72.28%
INTEREST COVERAGE RATIO(Q)
Lowest at 27,253.05
OPERATING PROFIT MARGIN(Q)
Lowest at 9.49 %
Here's what is working for Shaanxi Meineng Clean Energy Corp., Ltd.
Operating Cash Flow
Highest at CNY 135.87 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Net Sales
Highest at CNY 243.89 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Inventory Turnover Ratio
Highest at 39.34%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 51.67%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -40.18% (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 Shaanxi Meineng Clean Energy Corp., Ltd.
Interest
At CNY 0.18 MM has Grown at 72.28%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Interest Coverage Ratio
Lowest at 27,253.05
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Operating Profit Margin
Lowest at 9.49 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales






