Tianma Microelectronics Co., Ltd. (000050) 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

Tianma Microelectronics Co., Ltd.

Why is Tianma Microelectronics Co., Ltd. ?

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 1.02%

Poor long term growth as Net Sales has grown by an annual rate of 2.90% and Operating profit at -14.86% over the last 5 years
The company is Net-Debt Free

With a fall in Net Profit of -4.49%, the company declared Very Negative results in Mar 26

The company has declared negative results in Mar 26 after 7 consecutive negative quarters
NET PROFIT(Q) At CNY -139.2 MM has Fallen at -432.65%
DEBTORS TURNOVER RATIO(HY) Lowest at 3.68 times
INTEREST COVERAGE RATIO(Q) Lowest at 80.26

Risky -

The stock is trading risky as compared to its average historical valuations
Over the past year, while the stock has generated a return of 16.88%, its profits have risen by 63.8%

Real-Time Research Report

Verdict Report

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 IT - Hardware)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Tianma Microelectronics Co., Ltd. for you?

High Risk, Medium Return

Absolute

Risk Adjusted

Volatility

Tianma Microelectronics Co., Ltd.

22.88%

0.80

35.76%

China Shanghai Composite

23.91%

1.73

13.79%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

2.90%

EBIT Growth (5y)

-14.86%

EBIT to Interest (avg)

0.02

Debt to EBITDA (avg)

8.02

Net Debt to Equity (avg)

1.25

Sales to Capital Employed (avg)

0.54

Tax Ratio

96.72%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

1.02%

ROE (avg)

1.72%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

0.72

EV to EBIT

64.41

EV to EBITDA

8.84

EV to Capital Employed

0.86

EV to Sales

1.26

PEG Ratio

Dividend Yield

ROCE (Latest)

1.33%

ROE (Latest)

-0.43%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Mildly Bearish

Dow Theory

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

3What is working for the Company

DEBT-EQUITY RATIO (HY)

Lowest at 93.88 %

RAW MATERIAL COST(Y)

Fallen by -39.3% (YoY

-26What is not working for the Company

NET PROFIT(Q)

At CNY -139.2 MM has Fallen at -432.65%

DEBTORS TURNOVER RATIO(HY)

Lowest at 3.68 times

INTEREST COVERAGE RATIO(Q)

Lowest at 80.26

OPERATING PROFIT MARGIN(Q)

Lowest at 1.84 %

INVENTORY TURNOVER RATIO(HY)

Lowest at 6.81 times

NET SALES(Q)

Lowest at CNY 7,729.08 MM

OPERATING PROFIT(Q)

Lowest at CNY 142.54 MM

PRE-TAX PROFIT(Q)

Lowest at CNY -8.54 MM

Here's what is working for Tianma Microelectronics Co., Ltd.

Debt-Equity Ratio

Lowest at 93.88 % and Grown

In each half year 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 -39.3% (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 Tianma Microelectronics Co., Ltd.

Pre-Tax Profit

At CNY -8.54 MM has Fallen at -105.26%

over average net sales of the previous four periods of CNY 162.47 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY -139.2 MM has Fallen at -432.65%

over average net sales of the previous four periods of CNY 41.84 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Net Sales

At CNY 7,729.08 MM has Fallen at -14.66%

over average net sales of the previous four periods of CNY 9,056.64 MM

MOJO Watch

Near term sales trend is very negative

Net Sales (CNY MM)

Interest Coverage Ratio

Lowest at 80.26

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 1.84 % and Fallen

In each period in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Debtors Turnover Ratio

Lowest at 3.68 times and Fallen

In each half year in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Net Sales

Lowest at CNY 7,729.08 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (CNY MM)

Operating Profit

Lowest at CNY 142.54 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Pre-Tax Profit

Lowest at CNY -8.54 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (CNY MM)

Inventory Turnover Ratio

Lowest at 6.81 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio