Tongling Jingda Special Magnet Wire Co., Ltd.

  • Market Cap: Large Cap
  • Industry: Electronics & Appliances
  • ISIN: CNE000001CG7
  • SHG: 600577
CNY
8.90
-0.08 (-0.89%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Tongling Jingda Special Magnet Wire Co., Ltd.

Why is Tongling Jingda Special Magnet Wire Co., Ltd. ?

1
Poor Management Efficiency with a low ROCE of 10.03%
  • The company has been able to generate a Return on Capital Employed (avg) of 10.03% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
  • Poor long term growth as Net Sales has grown by an annual rate of 13.65% and Operating profit at 3.72% over the last 5 years
  • The company is Net-Debt Free
  • The company has been able to generate a Return on Equity (avg) of 10.85% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of 13.65% and Operating profit at 3.72% over the last 5 years
4
Positive results in Jun 26
  • RAW MATERIAL COST(Y) Fallen by 0.84% (YoY)
  • CASH AND EQV(HY) Highest at CNY 4,969.22 MM
  • INVENTORY TURNOVER RATIO(HY) Highest at 15.47 times
5
With ROE of 10.26%, it has a fair valuation with a 3.27 Price to Book Value
  • Over the past year, while the stock has generated a return of 4.06%, its profits have risen by 7.5%
  • At the current price, the company has a high dividend yield of 0.9
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Tongling Jingda Special Magnet Wire Co., Ltd. should be less than 10%
  2. 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 Tongling Jingda Special Magnet Wire Co., Ltd. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Tongling Jingda Special Magnet Wire Co., Ltd.
-1.0%
2.13
55.95%
China Shanghai Composite
3.23%
0.23
14.72%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
13.65%
EBIT Growth (5y)
3.72%
EBIT to Interest (avg)
8.12
Debt to EBITDA (avg)
3.74
Net Debt to Equity (avg)
0.67
Sales to Capital Employed (avg)
1.87
Tax Ratio
22.52%
Dividend Payout Ratio
31.91%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.89%
ROE (avg)
10.85%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
32
Industry P/E
Price to Book Value
3.27
EV to EBIT
28.75
EV to EBITDA
24.81
EV to Capital Employed
2.23
EV to Sales
0.99
PEG Ratio
NA
Dividend Yield
0.88%
ROCE (Latest)
7.74%
ROE (Latest)
10.26%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

13What is working for the Company
RAW MATERIAL COST(Y)

Fallen by 0.84% (YoY

CASH AND EQV(HY)

Highest at CNY 4,969.22 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 15.47 times

NET SALES(Q)

Highest at CNY 8,264.77 MM

OPERATING PROFIT(Q)

Highest at CNY 323.22 MM

PRE-TAX PROFIT(Q)

Highest at CNY 243.13 MM

NET PROFIT(Q)

Highest at CNY 189.5 MM

EPS(Q)

Highest at CNY 0.09

-5What is not working for the Company
DEBT-EQUITY RATIO (HY)

Highest at 98.76 %

DEBTORS TURNOVER RATIO(HY)

Lowest at 3.43 times

INTEREST(Q)

Highest at CNY 25.81 MM

Here's what is working for Tongling Jingda Special Magnet Wire Co., Ltd.

Net Sales
Highest at CNY 8,264.77 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Net Sales
At CNY 8,264.77 MM has Grown at 26.33%
over average net sales of the previous four periods of CNY 6,542.23 MM
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Operating Profit
Highest at CNY 323.22 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Pre-Tax Profit
Highest at CNY 243.13 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 189.5 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS
Highest at CNY 0.09
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Cash and Eqv
Highest at CNY 4,969.22 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio
Highest at 15.47 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Raw Material Cost
Fallen by 0.84% (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 Tongling Jingda Special Magnet Wire Co., Ltd.

Interest
At CNY 25.81 MM has Grown at 15.07%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest
Highest at CNY 25.81 MM
in the last five periods and Increased by 15.07% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Debt-Equity Ratio
Highest at 98.76 %
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

Debtors Turnover Ratio
Lowest at 3.43 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio