ScoreWhy is Shenzhen Refond Optoelectronics Co., Ltd. ?
1
Poor Management Efficiency with a low ROCE of 0.52%
- The company has been able to generate a Return on Capital Employed (avg) of 0.52% 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 8.11% and Operating profit at 47.26% over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 2.15% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of 8.11% and Operating profit at 47.26% over the last 5 years
4
Positive results in Mar 26
- NET SALES(HY) At CNY 996.09 MM has Grown at 22.49%
- ROCE(HY) Highest at 3.04%
- PRE-TAX PROFIT(Q) At CNY 29.59 MM has Grown at 134.09%
5
With ROE of 3.21%, it has a expensive valuation with a 1.50 Price to Book Value
- Over the past year, while the stock has generated a return of 15.61%, its profits have risen by 31.5% ; the PEG ratio of the company is 1.5
- At the current price, the company has a high dividend yield of 0.2
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Shenzhen Refond Optoelectronics Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Other Electrical Equipment should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Electrical Equipment)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Shenzhen Refond Optoelectronics Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Shenzhen Refond Optoelectronics Co., Ltd.
2.24%
1.59
45.33%
China Shanghai Composite
3.23%
1.20
14.07%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
8.11%
EBIT Growth (5y)
47.26%
EBIT to Interest (avg)
-2.33
Debt to EBITDA (avg)
4.19
Net Debt to Equity (avg)
0.13
Sales to Capital Employed (avg)
0.57
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
31.91%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0.76%
ROE (avg)
2.15%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
68
Industry P/E
Price to Book Value
2.19
EV to EBIT
123.82
EV to EBITDA
35.73
EV to Capital Employed
2.02
EV to Sales
2.78
PEG Ratio
2.17
Dividend Yield
NA
ROCE (Latest)
1.64%
ROE (Latest)
3.21%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend19What is working for the Company
NET PROFIT(HY)
At CNY 55.26 MM has Grown at 78.83%
ROCE(HY)
Highest at 3.93%
INVENTORY TURNOVER RATIO(HY)
Highest at 3.29 times
NET SALES(Q)
Highest at CNY 597.08 MM
OPERATING PROFIT(Q)
Highest at CNY 64.85 MM
PRE-TAX PROFIT(Q)
At CNY 21.02 MM has Grown at 85.17%
-4What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at CNY 125.2 MM
RAW MATERIAL COST(Y)
Grown by 11.28% (YoY
DEBT-EQUITY RATIO
(HY)
Highest at 18.23 %
Here's what is working for Shenzhen Refond Optoelectronics Co., Ltd.
Net Profit
At CNY 55.26 MM has Grown at 78.83%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
Inventory Turnover Ratio
Highest at 3.29 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Net Sales
Highest at CNY 597.08 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Net Sales
At CNY 597.08 MM has Grown at 23.58%
over average net sales of the previous four periods of CNY 483.17 MMMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Operating Profit
Highest at CNY 64.85 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (CNY MM)
Pre-Tax Profit
At CNY 21.02 MM has Grown at 85.17%
over average net sales of the previous four periods of CNY 11.35 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Here's what is not working for Shenzhen Refond Optoelectronics Co., Ltd.
Operating Cash Flow
Lowest at CNY 125.2 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Debt-Equity Ratio
Highest at 18.23 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Raw Material Cost
Grown by 11.28% (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
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