Shenzhen Topray Solar Co., Ltd. (002218) 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 Topray Solar Co., Ltd.

Why is Shenzhen Topray Solar Co., Ltd. ?

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 -4.98% and Operating profit at -187.78% 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 2.20% signifying low profitability per unit of shareholders funds

Poor long term growth as Net Sales has grown by an annual rate of -4.98% and Operating profit at -187.78% over the last 5 years

The company has declared negative results for the last 2 consecutive quarters

NET SALES(HY) At CNY 559.01 MM has Grown at -32.91%
ROCE(HY) Lowest at -3.13%
RAW MATERIAL COST(Y) Grown by 69.62% (YoY)

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 86.16%, its profits have fallen by -392.4%
At the current price, the company has a high dividend yield of 0.3

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 Other Electrical Equipment)

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

Is Shenzhen Topray Solar Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Shenzhen Topray Solar Co., Ltd.

104.8%

1.86

56.93%

China Shanghai Composite

13.33%

0.90

14.74%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-4.98%

EBIT Growth (5y)

-187.78%

EBIT to Interest (avg)

1.33

Debt to EBITDA (avg)

2.35

Net Debt to Equity (avg)

0.32

Sales to Capital Employed (avg)

0.19

Tax Ratio

45.42%

Dividend Payout Ratio

129.87%

Pledged Shares

Institutional Holding

ROCE (avg)

3.41%

ROE (avg)

2.20%

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

1.23

EV to EBIT

-607.72

EV to EBITDA

18.95

EV to Capital Employed

1.17

EV to Sales

5.99

PEG Ratio

Dividend Yield

0.28%

ROCE (Latest)

-0.19%

ROE (Latest)

-1.76%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

No Trend

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

3What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 394.87 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 2.9 times

-31What is not working for the Company

NET SALES(HY)

At CNY 559.01 MM has Grown at -32.91%

ROCE(HY)

Lowest at -3.13%

RAW MATERIAL COST(Y)

Grown by 69.62% (YoY

DEBTORS TURNOVER RATIO(HY)

Lowest at 0.73 times

OPERATING PROFIT(Q)

Lowest at CNY -29.7 MM

OPERATING PROFIT MARGIN(Q)

Lowest at -9.76 %

PRE-TAX PROFIT(Q)

Lowest at CNY -45.61 MM

NET PROFIT(Q)

Lowest at CNY -48.99 MM

EPS(Q)

Lowest at CNY -0.03

Here's what is working for Shenzhen Topray Solar Co., Ltd.

Operating Cash Flow

Highest at CNY 394.87 MM

in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Inventory Turnover Ratio

Highest at 2.9 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Here's what is not working for Shenzhen Topray Solar Co., Ltd.

Net Sales

At CNY 559.01 MM has Grown at -32.91%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very negative

Net Sales (CNY MM)

Pre-Tax Profit

At CNY -45.61 MM has Fallen at -202.94%

over average net sales of the previous four periods of CNY -15.06 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY -48.99 MM has Fallen at -169.65%

over average net sales of the previous four periods of CNY -18.17 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Operating Profit

Lowest at CNY -29.7 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin

Lowest at -9.76 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Pre-Tax Profit

Lowest at CNY -45.61 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (CNY MM)

Net Profit

Lowest at CNY -48.99 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (CNY MM)

EPS

Lowest at CNY -0.03

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (CNY)

Debtors Turnover Ratio

Lowest at 0.73 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Raw Material Cost

Grown by 69.62% (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