Techshine Electronics Co., Ltd. () Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Techshine Electronics Co., Ltd.

Why is Techshine Electronics Co., Ltd. ?

Poor long term growth as Net Sales has grown by an annual rate of 15.88% and Operating profit at 21.07% over the last 5 years

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

NET PROFIT(HY) At CNY 81.97 MM has Grown at 83.11%
ROCE(HY) Highest at 11.88%
RAW MATERIAL COST(Y) Fallen by -12.24% (YoY)

With ROE of 11.63%, it has a very attractive valuation with a 2.71 Price to Book Value

Over the past year, while the stock has generated a return of 88.20%, its profits have risen by 43.9%
At the current price, the company has a high dividend yield of 0.5

Market Beating performance in long term as well as near term

Along with generating 88.20% 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 Techshine Electronics 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 Techshine Electronics Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Techshine Electronics Co., Ltd.

71.06%

1.95

64.80%

China Shanghai Composite

14.03%

1.01

15.10%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

15.88%

EBIT Growth (5y)

21.07%

EBIT to Interest (avg)

84.44

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.31

Sales to Capital Employed (avg)

0.91

Tax Ratio

8.70%

Dividend Payout Ratio

26.96%

Pledged Shares

Institutional Holding

ROCE (avg)

14.13%

ROE (avg)

9.73%

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

2.71

EV to EBIT

23.42

EV to EBITDA

17.87

EV to Capital Employed

3.27

EV to Sales

2.03

PEG Ratio

Dividend Yield

0.50%

ROCE (Latest)

13.94%

ROE (Latest)

11.63%

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 Bullish

No Trend

OBV

Mildly Bullish

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

14What is working for the Company

NET PROFIT(HY)

At CNY 81.97 MM has Grown at 83.11%

ROCE(HY)

Highest at 11.88%

RAW MATERIAL COST(Y)

Fallen by -12.24% (YoY

DEBTORS TURNOVER RATIO(HY)

Highest at 3.84%

NET SALES(Q)

At CNY 393.34 MM has Grown at 31.73%

-8What is not working for the Company

INTEREST(HY)

At CNY 0.77 MM has Grown at 20.9%

INTEREST COVERAGE RATIO(Q)

Lowest at 6,025.64

DEBT-EQUITY RATIO (HY)

Highest at -30.69 %

OPERATING PROFIT MARGIN(Q)

Lowest at 8.32 %

Here's what is working for Techshine Electronics Co., Ltd.

Net Profit

At CNY 81.97 MM has Grown at 83.11%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Net Sales

At CNY 393.34 MM has Grown at 31.73%

Year on Year (YoY)

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Debtors Turnover Ratio

Highest at 3.84%

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by -12.24% (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 Techshine Electronics Co., Ltd.

Interest

At CNY 0.77 MM has Grown at 20.9%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest Coverage Ratio

Lowest at 6,025.64

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Profit Margin

Lowest at 8.32 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Debt-Equity Ratio

Highest at -30.69 %

in the last five Semi-Annual periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio