Shenzhen Minde Electronics Technology Ltd. (300656) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Shenzhen Minde Electronics Technology Ltd.

Why is Shenzhen Minde Electronics Technology Ltd. ?

The company is Net-Debt Free

Poor long term growth as Net Sales has grown by an annual rate of -6.54% and Operating profit at -241.86% over the last 5 years
The company is Net-Debt Free
The company has been able to generate a Return on Equity (avg) of 5.09% signifying low profitability per unit of shareholders funds

Poor long term growth as Net Sales has grown by an annual rate of -6.54% and Operating profit at -241.86% over the last 5 years

The company has declared negative results for the last 13 consecutive quarters

NET SALES(HY) At CNY 144.44 MM has Grown at -29.05%
INTEREST(HY) At CNY 17.67 MM has Grown at 47.49%
PRE-TAX PROFIT(Q) At CNY -44.46 MM has Fallen at -324.34%

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 53.79%, its profits have fallen by -183.6%
At the current price, the company has a high dividend yield of 0

Real-Time Research Report

Verdict Report

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 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, High Return

Absolute

Risk Adjusted

Volatility

Shenzhen Minde Electronics Technology Ltd.

58.48%

1.44

53.71%

China Shanghai Composite

23.91%

1.73

13.79%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-6.54%

EBIT Growth (5y)

-241.86%

EBIT to Interest (avg)

2.39

Debt to EBITDA (avg)

3.39

Net Debt to Equity (avg)

0.78

Sales to Capital Employed (avg)

0.23

Tax Ratio

18.06%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

3.87%

ROE (avg)

5.09%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

6.13

EV to EBIT

-30.91

EV to EBITDA

-41.01

EV to Capital Employed

3.75

EV to Sales

19.11

PEG Ratio

Dividend Yield

ROCE (Latest)

-12.12%

ROE (Latest)

-31.34%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

Bearish

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

No Trend

Mildly Bullish

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

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

4What is working for the Company

NET PROFIT(HY)

Higher at CNY -104.19 MM

RAW MATERIAL COST(Y)

Fallen by -2.48% (YoY

NET SALES(Q)

At CNY 65.48 MM has Grown at 21.31%

-38What is not working for the Company

NET SALES(HY)

At CNY 144.44 MM has Grown at -29.05%

INTEREST(HY)

At CNY 17.67 MM has Grown at 47.49%

PRE-TAX PROFIT(Q)

At CNY -44.46 MM has Fallen at -324.34%

NET PROFIT(Q)

At CNY -26.27 MM has Fallen at -178.49%

OPERATING CASH FLOW(Y)

Lowest at CNY 15.62 MM

ROCE(HY)

Lowest at -17.15%

DEBT-EQUITY RATIO (HY)

Highest at 94.66 %

OPERATING PROFIT MARGIN(Q)

Lowest at -57.34 %

Here's what is working for Shenzhen Minde Electronics Technology Ltd.

Net Sales

At CNY 65.48 MM has Grown at 21.31%

Year on Year (YoY)

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Raw Material Cost

Fallen by -2.48% (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.

Interest

At CNY 17.67 MM has Grown at 47.49%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Pre-Tax Profit

At CNY -44.46 MM has Fallen at -324.34%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY -26.27 MM has Fallen at -178.49%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Operating Profit Margin

Lowest at -57.34 % and Fallen

In each period in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Debt-Equity Ratio

Highest at 94.66 % 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

Operating Cash Flow

Lowest at CNY 15.62 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)