Why is Tongding Interconnection Information Co., Ltd. ?
1
Poor Management Efficiency with a low ROCE of 2.41%
- The company has been able to generate a Return on Capital Employed (avg) of 2.41% signifying low profitability per unit of total capital (equity and debt)
2
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Net Sales has grown by an annual rate of -3.41% and Operating profit at 15.10% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 4.16% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of -3.41% and Operating profit at 15.10% over the last 5 years
4
The company has declared Negative results for the last 6 consecutive quarters
- PRE-TAX PROFIT(Q) At CNY 2.74 MM has Fallen at -75.3%
- DEBTORS TURNOVER RATIO(HY) Lowest at 1.83%
- NET SALES(Q) Lowest at CNY 657.44 MM
5
With ROE of 2.63%, it has a very expensive valuation with a 2.64 Price to Book Value
- Over the past year, while the stock has generated a return of 22.32%, its profits have fallen by -30%
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 Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Tongding Interconnection Information Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Tongding Interconnection Information Co., Ltd.
16.84%
1.00
51.89%
China Shanghai Composite
14.77%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
-3.41%
EBIT Growth (5y)
15.10%
EBIT to Interest (avg)
-0.38
Debt to EBITDA (avg)
5.50
Net Debt to Equity (avg)
0.31
Sales to Capital Employed (avg)
0.60
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.41%
ROE (avg)
4.16%
Valuation Key Factors 
Factor
Value
P/E Ratio
100
Industry P/E
Price to Book Value
2.64
EV to EBIT
173.44
EV to EBITDA
49.63
EV to Capital Employed
2.07
EV to Sales
2.62
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
1.19%
ROE (Latest)
2.63%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Movement
4What is working for the Company
DEBT-EQUITY RATIO
(HY)
Lowest at 31.34 %
RAW MATERIAL COST(Y)
Fallen by 0.11% (YoY
EPS(Q)
Highest at CNY 0.11
-20What is not working for the Company
PRE-TAX PROFIT(Q)
At CNY 2.74 MM has Fallen at -75.3%
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.83%
NET SALES(Q)
Lowest at CNY 657.44 MM
NET PROFIT(Q)
Lowest at CNY -4.15 MM
Here's what is working for Tongding Interconnection Information Co., Ltd.
Debt-Equity Ratio
Lowest at 31.34 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
EPS
Highest at CNY 0.11
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CNY)
Raw Material Cost
Fallen by 0.11% (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 Tongding Interconnection Information Co., Ltd.
Pre-Tax Profit
At CNY 2.74 MM has Fallen at -75.3%
over average net sales of the previous four periods of CNY 11.1 MMMOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (CNY MM)
Net Profit
At CNY -4.15 MM has Fallen at -118.17%
over average net sales of the previous four periods of CNY 22.83 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Debtors Turnover Ratio
Lowest at 1.83% and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Net Sales
Lowest at CNY 657.44 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Net Sales
At CNY 657.44 MM has Fallen at -9.38%
over average net sales of the previous four periods of CNY 725.52 MMMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Net Profit
Lowest at CNY -4.15 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)






