State Grid Yingda Co., Ltd. (600517) 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

State Grid Yingda Co., Ltd.

Why is State Grid Yingda Co., Ltd. ?

The company has declared Positive results for the last 4 consecutive quarters

ROCE(HY) Highest at 10.57%
RAW MATERIAL COST(Y) Fallen by -10.5% (YoY)
CASH AND EQV(HY) Highest at CNY 58,140.72 MM

With ROE of 9.63%, it has a attractive valuation with a 1.48 Price to Book Value

Over the past year, while the stock has generated a return of 41.15%, its profits have risen by 7.6% ; the PEG ratio of the company is 2
At the current price, the company has a high dividend yield of 2.2

Market Beating performance in long term as well as near term

Along with generating 41.15% returns in the last 1 year, the stock has outperformed 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 State Grid Yingda 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 State Grid Yingda Co., Ltd. for you?

Medium Risk, High Return

Absolute

Risk Adjusted

Volatility

State Grid Yingda Co., Ltd.

26.55%

1.86

29.20%

China Shanghai Composite

13.33%

1.58

14.20%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

10.17%

EBIT Growth (5y)

15.20%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.78

Sales to Capital Employed (avg)

0.38

Tax Ratio

28.16%

Dividend Payout Ratio

30.15%

Pledged Shares

Institutional Holding

ROCE (avg)

30.06%

ROE (avg)

10.07%

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

1.48

EV to EBIT

4.62

EV to EBITDA

4.11

EV to Capital Employed

12.01

EV to Sales

1.01

PEG Ratio

2.02

Dividend Yield

2.16%

ROCE (Latest)

260.19%

ROE (Latest)

9.63%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

No Trend

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

ROCE(HY)

Highest at 10.57%

RAW MATERIAL COST(Y)

Fallen by -10.5% (YoY

CASH AND EQV(HY)

Highest at CNY 58,140.72 MM

DEBT-EQUITY RATIO (HY)

Lowest at -102.13 %

PRE-TAX PROFIT(Q)

Highest at CNY 997.5 MM

EPS(Q)

Highest at CNY 0.19

-3What is not working for the Company

OPERATING CASH FLOW(Y)

Lowest at CNY -1,467.47 MM

Here's what is working for State Grid Yingda Co., Ltd.

Pre-Tax Profit

Highest at CNY 997.5 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

EPS

Highest at CNY 0.19

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Cash and Eqv

Highest at CNY 58,140.72 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio

Lowest at -102.13 %

in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Raw Material Cost

Fallen by -10.5% (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 State Grid Yingda Co., Ltd.

Operating Cash Flow

Lowest at CNY -1,467.47 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)