Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (300760) 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 Mindray Bio-Medical Electronics Co., Ltd.

Why is Shenzhen Mindray Bio-Medical Electronics Co., Ltd. ?

The company has declared Negative results for the last 7 consecutive quarters

INTEREST(HY) At CNY 13.34 MM has Grown at 30.77%
OPERATING CASH FLOW(Y) Lowest at CNY 10,041.18 MM
NET PROFIT(9M) At CNY 5,395.49 MM has Grown at -19.91%

With ROE of 20.40%, it has a very attractive valuation with a 4.31 Price to Book Value

Over the past year, while the stock has generated a return of -36.41%, its profits have fallen by -27.4%
At the current price, the company has a high dividend yield of 3

Majority shareholders : FIIs

Below par performance in long term as well as near term

Along with generating -36.41% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to Shenzhen Mindray Bio-Medical Electronics Co., Ltd. should be less than 10%
Overall Portfolio exposure to Pharmaceuticals & Biotechnology should be less than 30%

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

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

Is Shenzhen Mindray Bio-Medical Electronics Co., Ltd. for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

-33.93%

-2.02

26.34%

China Shanghai Composite

3.23%

1.20

14.07%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

8.68%

EBIT Growth (5y)

3.54%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.46

Sales to Capital Employed (avg)

0.92

Tax Ratio

10.67%

Dividend Payout Ratio

65.23%

Pledged Shares

Institutional Holding

0.02%

ROCE (avg)

66.78%

ROE (avg)

29.93%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

4.05

EV to EBIT

16.20

EV to EBITDA

14.12

EV to Capital Employed

6.52

EV to Sales

4.37

PEG Ratio

Dividend Yield

3.15%

ROCE (Latest)

40.25%

ROE (Latest)

20.40%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Bearish

Moving Averages

Bearish (Daily)

KST

Bullish

Bearish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

Mildly Bearish

Mildly 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

7What is working for the Company

INTEREST COVERAGE RATIO(Q)

Highest at 60,121.38

RAW MATERIAL COST(Y)

Fallen by 1.56% (YoY

NET SALES(Q)

Highest at CNY 9,291.59 MM

OPERATING PROFIT(Q)

Highest at CNY 3,560.49 MM

OPERATING PROFIT MARGIN(Q)

Highest at 38.32 %

PRE-TAX PROFIT(Q)

Highest at CNY 3,007.77 MM

-10What is not working for the Company

INTEREST(HY)

At CNY 11.99 MM has Grown at 16.43%

ROCE(HY)

Lowest at 19.76%

INVENTORY TURNOVER RATIO(HY)

Lowest at 2.74 times

Here's what is working for Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Interest Coverage Ratio

Highest at 60,121.38

in the last five periods

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Net Sales

Highest at CNY 9,291.59 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Operating Profit

Highest at CNY 3,560.49 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Operating Profit Margin

Highest at 38.32 %

in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit

Highest at CNY 3,007.77 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Raw Material Cost

Fallen by 1.56% (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 Mindray Bio-Medical Electronics Co., Ltd.

Interest

At CNY 11.99 MM has Grown at 16.43%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Inventory Turnover Ratio

Lowest at 2.74 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio