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 hold?

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.

3.26%

1.86

29.20%

China Shanghai Composite

23.91%

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)

7.47%

EBIT Growth (5y)

7.99%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.78

Sales to Capital Employed (avg)

0.39

Tax Ratio

28.16%

Dividend Payout Ratio

30.28%

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

1.16

EV to EBIT

2.11

EV to EBITDA

1.96

EV to Capital Employed

3.37

EV to Sales

0.46

PEG Ratio

0.36

Dividend Yield

1.91%

ROCE (Latest)

159.43%

ROE (Latest)

11.31%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bullish

Mildly Bearish

OBV

No Trend

Mildly Bearish

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

8What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 2,900.48 MM

CASH AND EQV(HY)

Highest at CNY 57,947.15 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 5.3 times

PRE-TAX PROFIT(Q)

Highest at CNY 1,268.41 MM

NET PROFIT(Q)

Highest at CNY 766.67 MM

-7What is not working for the Company

INTEREST(HY)

At CNY 0.63 MM has Grown at 68.97%

INTEREST COVERAGE RATIO(Q)

Lowest at 147,370.96

DEBTORS TURNOVER RATIO(HY)

Lowest at 1.36 times

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

Operating Cash Flow

Highest at CNY 2,900.48 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Pre-Tax Profit

Highest at CNY 1,268.41 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Net Profit

Highest at CNY 766.67 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Net Profit

At CNY 766.67 MM has Grown at 70.52%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Cash and Eqv

Highest at CNY 57,947.15 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio

Highest at 5.3 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 State Grid Yingda Co., Ltd.

Interest

At CNY 0.63 MM has Grown at 68.97%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest Coverage Ratio

Lowest at 147,370.96

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Debtors Turnover Ratio

Lowest at 1.36 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Non Operating Income

Highest at CNY 0.77 MM

in the last five periods

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating income