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Shanghai Haixin Group Co., Ltd.

  • Market Cap: Mid Cap
  • Industry: Garments & Apparels
  • ISIN: CNE000000CF1
  • SHG: 600851
CNY
8.52
-0.16 (-1.84%)

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
Shanghai Haixin Group Co., Ltd.

Why is Shanghai Haixin Group Co., Ltd. ?

1
Poor Management Efficiency with a low ROCE of 0.46%
  • The company has been able to generate a Return on Capital Employed (avg) of 0.46% 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 -6.78% and Operating profit at 19.86% over the last 5 years
  • The company is Net-Debt Free
  • The company has been able to generate a Return on Equity (avg) of 3.67% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of -6.78% and Operating profit at 19.86% over the last 5 years
4
Flat results in Jun 26
  • INTEREST(HY) At CNY 1.57 MM has Grown at 10.85%
  • OPERATING CASH FLOW(Y) Lowest at CNY -70.61 MM
  • INTEREST COVERAGE RATIO(Q) Lowest at 1,160.76
5
With ROE of 4.28%, it has a fair valuation with a 1.61 Price to Book Value
  • Over the past year, while the stock has generated a return of 29.17%, its profits have risen by 13.3% ; the PEG ratio of the company is 2.8
  • At the current price, the company has a high dividend yield of 0.4
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Shanghai Haixin Group Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Garments & Apparels should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Shanghai Haixin Group Co., Ltd. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Shanghai Haixin Group Co., Ltd.
28.12%
1.47
46.45%
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)
-6.78%
EBIT Growth (5y)
19.86%
EBIT to Interest (avg)
6.94
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.17
Sales to Capital Employed (avg)
0.20
Tax Ratio
12.12%
Dividend Payout Ratio
34.29%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0.69%
ROE (avg)
3.67%
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
38
Industry P/E
Price to Book Value
1.61
EV to EBIT
158.70
EV to EBITDA
112.68
EV to Capital Employed
1.77
EV to Sales
8.98
PEG Ratio
2.83
Dividend Yield
0.40%
ROCE (Latest)
1.12%
ROE (Latest)
4.28%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
No Trend
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

13What is working for the Company
DEBTORS TURNOVER RATIO(HY)

Highest at 6.81 times

CASH AND EQV(HY)

Highest at CNY 2,216.17 MM

PRE-TAX PROFIT(Q)

Highest at CNY 73.6 MM

NET PROFIT(Q)

Highest at CNY 103.65 MM

EPS(Q)

Highest at CNY 0.08

-17What is not working for the Company
INTEREST(HY)

At CNY 1.57 MM has Grown at 10.85%

OPERATING CASH FLOW(Y)

Lowest at CNY -70.61 MM

INTEREST COVERAGE RATIO(Q)

Lowest at 1,160.76

RAW MATERIAL COST(Y)

Grown by 6.24% (YoY

INVENTORY TURNOVER RATIO(HY)

Lowest at 4.32 times

NET SALES(Q)

At CNY 161.73 MM has Fallen at -8.3%

OPERATING PROFIT(Q)

Lowest at CNY 9.08 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 5.61 %

Here's what is working for Shanghai Haixin Group Co., Ltd.

Pre-Tax Profit
At CNY 73.6 MM has Grown at 209.48%
over average net sales of the previous four periods of CNY 23.78 MM
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CNY MM)

Net Profit
At CNY 103.65 MM has Grown at 133%
over average net sales of the previous four periods of CNY 44.49 MM
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (CNY MM)

Debtors Turnover Ratio
Highest at 6.81 times and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Pre-Tax Profit
Highest at CNY 73.6 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 103.65 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS
Highest at CNY 0.08
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Cash and Eqv
Highest at CNY 2,216.17 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Here's what is not working for Shanghai Haixin Group Co., Ltd.

Interest
At CNY 1.57 MM has Grown at 10.85%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest Coverage Ratio
Lowest at 1,160.76
in the last five periods
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Cash Flow
Lowest at CNY -70.61 MM
in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Net Sales
At CNY 161.73 MM has Fallen at -8.3%
over average net sales of the previous four periods of CNY 176.37 MM
MOJO Watch
Near term sales trend is negative

Net Sales (CNY MM)

Operating Profit
Lowest at CNY 9.08 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin
Lowest at 5.61 %
in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales

Inventory Turnover Ratio
Lowest at 4.32 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Raw Material Cost
Grown by 6.24% (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

Non Operating Income
Highest at CNY 0.93 MM
in the last five periods
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating income

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