Shenzhen Minde Electronics Technology Ltd.

  • Market Cap: Small Cap
  • Industry: IT - Hardware
  • ISIN: CNE100002NX6
CNY
20.80
-0.41 (-1.93%)
  • 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

MarketsMojo — Loved in India, Now Global

The power of Mojo is now in 29 countries. Explore global equities with the same cutting-edge features you love.

Comparison
Company
Score
Quality
Valuation
Financial
Technical
Shenzhen Minde Electronics Technology Ltd.
Why is Shenzhen Minde Electronics Technology 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 4.85% and Operating profit at -226.12% 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 5.09% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of 4.85% and Operating profit at -226.12% over the last 5 years
3
The company has declared negative results for the last 9 consecutive quarters
  • NET PROFIT(HY) At CNY -70.25 MM has Grown at -453.2%
  • ROCE(HY) Lowest at -7.43%
  • DEBT-EQUITY RATIO (HY) Highest at 77.67 %
4
Risky -
  • The stock is trading risky as compared to its average historical valuations
  • Over the past year, while the stock has generated a return of -27.95%, its profits have fallen by -995.7%
  • At the current price, the company has a high dividend yield of 0
5
Below par performance in long term as well as near term
  • Along with generating -27.95% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
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 IT - Hardware)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Shenzhen Minde Electronics Technology Ltd. for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Shenzhen Minde Electronics Technology Ltd.
-27.25%
0.06
50.60%
China Shanghai Composite
14.77%
1.01
15.10%
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)
4.85%
EBIT Growth (5y)
-226.12%
EBIT to Interest (avg)
2.39
Debt to EBITDA (avg)
3.39
Net Debt to Equity (avg)
0.78
Sales to Capital Employed (avg)
0.26
Tax Ratio
18.06%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.87%
ROE (avg)
5.09%
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
NA (Loss Making)
Industry P/E
Price to Book Value
3.11
EV to EBIT
-26.61
EV to EBITDA
-48.81
EV to Capital Employed
2.16
EV to Sales
10.48
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-8.10%
ROE (Latest)
-13.70%
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
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

11What is working for the Company
OPERATING CASH FLOW(Y)

Highest at CNY 113.65 MM

PRE-TAX PROFIT(Q)

At CNY 19.82 MM has Grown at 172.95%

RAW MATERIAL COST(Y)

Fallen by -1.1% (YoY

NET PROFIT(Q)

Highest at CNY 33.47 MM

EPS(Q)

Highest at CNY 0.2

-28What is not working for the Company
NET PROFIT(HY)

At CNY -70.25 MM has Grown at -453.2%

ROCE(HY)

Lowest at -7.43%

DEBT-EQUITY RATIO (HY)

Highest at 77.67 %

CASH AND EQV(HY)

Lowest at CNY 101.8 MM

NET SALES(Q)

Lowest at CNY 53.5 MM

INTEREST(Q)

Highest at CNY 8.02 MM

OPERATING PROFIT MARGIN(Q)

Lowest at -64.35 %

Here's what is working for Shenzhen Minde Electronics Technology Ltd.
Net Profit
At CNY 33.47 MM has Grown at 1,589.7%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (CNY MM)

Pre-Tax Profit
At CNY 19.82 MM has Grown at 172.95%
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 113.65 MM
in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Pre-Tax Profit
Highest at CNY 19.82 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 33.47 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS
Highest at CNY 0.2
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Raw Material Cost
Fallen by -1.1% (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 Minde Electronics Technology Ltd.
Net Sales
At CNY 53.5 MM has Fallen at -17.83%
Year on Year (YoY)
MOJO Watch
Near term sales trend is very negative

Net Sales (CNY MM)

Interest
At CNY 8.02 MM has Grown at 102.38%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Debt-Equity Ratio
Highest at 77.67 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Net Sales
Lowest at CNY 53.5 MM
in the last five periods
MOJO Watch
Near term sales trend is negative

Net Sales (CNY MM)

Interest
Highest at CNY 8.02 MM
in the last five periods and Increased by 102.38% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Operating Profit Margin
Lowest at -64.35 %
in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales

Cash and Eqv
Lowest at CNY 101.8 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is deteriorating

Cash and Cash Equivalents