Shenzhen Megmeet Electrical Co., Ltd.

  • Market Cap: Large Cap
  • Industry: Electronics & Appliances
  • ISIN: CNE100002JV8
  • SHE: 002851
CNY
123.00
-1.8 (-1.44%)
  • 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
Shenzhen Megmeet Electrical Co., Ltd.

Why is Shenzhen Megmeet Electrical Co., Ltd. ?

1
Poor long term growth as Net Sales has grown by an annual rate of 22.41% and Operating profit at -22.41% over the last 5 years
2
The company has declared Negative results for the last 4 consecutive quarters
  • NET PROFIT(Q) At CNY 41.33 MM has Fallen at -59.9%
  • OPERATING CASH FLOW(Y) Lowest at CNY -405.74 MM
  • ROCE(HY) Lowest at 2.03%
3
With ROE of 0.62%, it has a very expensive valuation with a 7.57 Price to Book Value
  • Over the past year, while the stock has generated a return of 209.28%, its profits have fallen by -87.4%
  • At the current price, the company has a high dividend yield of 0
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. 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 Shenzhen Megmeet Electrical Co., Ltd. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Shenzhen Megmeet Electrical Co., Ltd.
52.27%
6.05
70.63%
China Shanghai Composite
3.23%
1.20
14.07%
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)
22.41%
EBIT Growth (5y)
-22.41%
EBIT to Interest (avg)
8.68
Debt to EBITDA (avg)
1.18
Net Debt to Equity (avg)
0.08
Sales to Capital Employed (avg)
0.96
Tax Ratio
4.30%
Dividend Payout Ratio
11.21%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.47%
ROE (avg)
9.56%
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
1685
Industry P/E
Price to Book Value
10.42
EV to EBIT
940.13
EV to EBITDA
273.73
EV to Capital Employed
11.58
EV to Sales
9.37
PEG Ratio
NA
Dividend Yield
0.03%
ROCE (Latest)
1.23%
ROE (Latest)
0.62%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

18What is working for the Company
DEBTORS TURNOVER RATIO(HY)

Highest at 3.05 times

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

RAW MATERIAL COST(Y)

Fallen by -0.79% (YoY

CASH AND EQV(HY)

Highest at CNY 5,765.67 MM

DEBT-EQUITY RATIO (HY)

Lowest at -1.74 %

NET SALES(Q)

Highest at CNY 3,273.25 MM

PRE-TAX PROFIT(Q)

Highest at CNY 80.36 MM

NET PROFIT(Q)

Highest at CNY 79.95 MM

EPS(Q)

Highest at CNY 0.24

-9What is not working for the Company
OPERATING CASH FLOW(Y)

Lowest at CNY -265.57 MM

NET PROFIT(HY)

At CNY 121.28 MM has Grown at -23.29%

INVENTORY TURNOVER RATIO(HY)

Lowest at 2.79 times

Here's what is working for Shenzhen Megmeet Electrical Co., Ltd.

Debtors Turnover Ratio
Highest at 3.05 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

Net Sales
Highest at CNY 3,273.25 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Net Sales
At CNY 3,273.25 MM has Grown at 38.85%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Pre-Tax Profit
Highest at CNY 80.36 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 79.95 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS
Highest at CNY 0.24
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Cash and Eqv
Highest at CNY 5,765.67 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio
Lowest at -1.74 %
in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Raw Material Cost
Fallen by -0.79% (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 Shenzhen Megmeet Electrical Co., Ltd.

Operating Cash Flow
Lowest at CNY -265.57 MM
in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Inventory Turnover Ratio
Lowest at 2.79 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

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