Why is THine Electronics, Inc. ?
1
Poor Management Efficiency with a low ROE of 3.25%
- The company has been able to generate a Return on Equity (avg) of 3.25% signifying low profitability per unit of shareholders funds
2
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 3.25%
- NET SALES(HY) At JPY 1,514.93 MM has Grown at -26%
- NET PROFIT(HY) At JPY -471.27 MM has Grown at -577.36%
- OPERATING CASH FLOW(Y) Lowest at JPY -223.1 MM
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -15.29% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in each of the last 3 annual periods
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 THine Electronics, Inc. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
THine Electronics, Inc.
-15.29%
-0.36
39.33%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality key factors
Factor
Value
Sales Growth (5y)
-0.26%
EBIT Growth (5y)
-207.60%
EBIT to Interest (avg)
69.71
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.80
Sales to Capital Employed (avg)
0.52
Tax Ratio
34.68%
Dividend Payout Ratio
47.14%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
15.65%
ROE (avg)
3.25%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.15
EV to EBIT
-38.52
EV to EBITDA
497.25
EV to Capital Employed
1.76
EV to Sales
0.75
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-4.58%
ROE (Latest)
-0.08%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
6What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -3.05% (YoY
NET PROFIT(9M)
Higher at JPY 41.45 MM
-27What is not working for the Company
NET SALES(HY)
At JPY 1,514.93 MM has Grown at -26%
NET PROFIT(HY)
At JPY -471.27 MM has Grown at -577.36%
OPERATING CASH FLOW(Y)
Lowest at JPY -223.1 MM
PRE-TAX PROFIT(Q)
At JPY -186.24 MM has Fallen at -4,512.39%
ROCE(HY)
Lowest at -3.03%
INVENTORY TURNOVER RATIO(HY)
Lowest at 1.75%
Here's what is working for THine Electronics, Inc.
Raw Material Cost
Fallen by -3.05% (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 THine Electronics, Inc.
Net Sales
At JPY 811.74 MM has Fallen at -26.19%
over average net sales of the previous four periods of JPY 1,099.83 MMMOJO Watch
Near term sales trend is extremely negative
Net Sales (JPY MM)
Pre-Tax Profit
At JPY -186.24 MM has Fallen at -4,512.39%
over average net sales of the previous four periods of JPY 4.22 MMMOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (JPY MM)
Net Profit
At JPY -210.11 MM has Fallen at -4,414.24%
over average net sales of the previous four periods of JPY -4.65 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (JPY MM)
Operating Cash Flow
Lowest at JPY -223.1 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (JPY MM)
Inventory Turnover Ratio
Lowest at 1.75% and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






