Why is Shijiazhuang Tonhe Electronics Technologies Co., Ltd. ?
1
Poor Management Efficiency with a low ROCE of 3.16%
- The company has been able to generate a Return on Capital Employed (avg) of 3.16% signifying low profitability per unit of total capital (equity and debt)
2
Poor long term growth as Net Sales has grown by an annual rate of 39.32% and Operating profit at 11.56% over the last 5 years
3
With a growth in Net Profit of 604.27%, the company declared Very Positive results in Sep 25
- The company has declared positive results in Jan 70 after 3 consecutive negative quarters
- PRE-TAX PROFIT(Q) At CNY 4.52 MM has Grown at 805.12%
- NET PROFIT(Q) At CNY 4.71 MM has Grown at 568.14%
- INVENTORY TURNOVER RATIO(HY) Highest at 3.03 times
4
With ROE of 2.95%, it has a very expensive valuation with a 4.55 Price to Book Value
- Over the past year, while the stock has generated a return of 20.27%, its profits have fallen by -64.7%
- At the current price, the company has a high dividend yield of 0.2
How much should you hold?
- Overall Portfolio exposure to Shijiazhuang Tonhe Electronics Technologies Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Shijiazhuang Tonhe Electronics Technologies Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Shijiazhuang Tonhe Electronics Technologies Co., Ltd.
19.34%
0.98
66.01%
China Shanghai Composite
13.33%
0.90
14.74%
Quality key factors
Factor
Value
Sales Growth (5y)
39.32%
EBIT Growth (5y)
11.56%
EBIT to Interest (avg)
7.44
Debt to EBITDA (avg)
0.96
Net Debt to Equity (avg)
0.08
Sales to Capital Employed (avg)
0.76
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
49.64%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.16%
ROE (avg)
5.20%
Valuation Key Factors 
Factor
Value
P/E Ratio
154
Industry P/E
Price to Book Value
4.55
EV to EBIT
638.35
EV to EBITDA
121.27
EV to Capital Employed
4.01
EV to Sales
4.18
PEG Ratio
NA
Dividend Yield
0.22%
ROCE (Latest)
0.63%
ROE (Latest)
2.95%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
Mildly Bearish
Technical Movement
20What is working for the Company
PRE-TAX PROFIT(Q)
At CNY 4.52 MM has Grown at 805.12%
NET PROFIT(Q)
At CNY 4.71 MM has Grown at 568.14%
INVENTORY TURNOVER RATIO(HY)
Highest at 3.03 times
DEBTORS TURNOVER RATIO(HY)
Highest at 1.58 times
NET SALES(Q)
At CNY 389.47 MM has Grown at 40.47%
-1What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 11.31% (YoY
Here's what is working for Shijiazhuang Tonhe Electronics Technologies Co., Ltd.
Pre-Tax Profit
At CNY 4.52 MM has Grown at 805.12%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (CNY MM)
Net Profit
At CNY 4.71 MM has Grown at 568.14%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (CNY MM)
Inventory Turnover Ratio
Highest at 3.03 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
At CNY 389.47 MM has Grown at 40.47%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Debtors Turnover Ratio
Highest at 1.58 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Shijiazhuang Tonhe Electronics Technologies Co., Ltd.
Raw Material Cost
Grown by 11.31% (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






