Comparison
Company
Score
Quality
Valuation
Financial
Technical
Why is Topsports International Holdings Ltd. ?
1
High Debt company with Weak Long Term Fundamental Strength
- Poor long term growth as Net Sales has grown by an annual rate of -7.28% and Operating profit at -16.85% over the last 5 years
- The company is Net-Debt Free
2
Flat results in Feb 26
- OPERATING CASH FLOW(Y) Lowest at HKD 7,179.45 MM
- RAW MATERIAL COST(Y) Grown by 9.99% (YoY)
- DEBTORS TURNOVER RATIO(HY) Lowest at 20.96 times
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -39.17% returns in the last 1 year, the stock has also underperformed Hang Seng Hong Kong 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 Footwear)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Topsports International Holdings Ltd. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Topsports International Holdings Ltd.
-39.17%
-1.59
39.63%
Hang Seng Hong Kong
0.26%
0.01
20.12%
Quality key factors
Factor
Value
Sales Growth (5y)
-7.28%
EBIT Growth (5y)
-16.85%
EBIT to Interest (avg)
14.69
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.07
Sales to Capital Employed (avg)
2.38
Tax Ratio
16.02%
Dividend Payout Ratio
78.07%
Pledged Shares
0
Institutional Holding
0.02%
ROCE (avg)
24.29%
ROE (avg)
21.78%
Valuation Key Factors 
Factor
Value
P/E Ratio
7
Industry P/E
Price to Book Value
1.10
EV to EBIT
5.97
EV to EBITDA
3.27
EV to Capital Employed
1.10
EV to Sales
0.36
PEG Ratio
7.23
Dividend Yield
1.72%
ROCE (Latest)
18.48%
ROE (Latest)
15.18%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bullish
No Trend
Technical Movement
2What is working for the Company
NO KEY POSITIVE TRIGGERS
-5What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at HKD 7,179.45 MM
RAW MATERIAL COST(Y)
Grown by 9.99% (YoY
DEBTORS TURNOVER RATIO(HY)
Lowest at 20.96 times
Here's what is working for Topsports International Holdings Ltd.
Depreciation
At HKD 789.29 MM has Grown at 25.8%
period on period (QoQ)MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales
Depreciation (HKD MM)
Here's what is not working for Topsports International Holdings Ltd.
Operating Cash Flow
Lowest at HKD 7,179.45 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 (HKD MM)
Debtors Turnover Ratio
Lowest at 20.96 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Raw Material Cost
Grown by 9.99% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
Non Operating Income
Highest at HKD 0.22 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






