ScoreWhy is Triangle Tyre Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 4.67% and Operating profit at -5.80% over the last 5 years
2
The company has declared Negative results for the last 4 consecutive quarters
- NET PROFIT(HY) At CNY 384.86 MM has Grown at -39.2%
- INTEREST COVERAGE RATIO(Q) Lowest at 1,176.99
- OPERATING CASH FLOW(Y) Lowest at CNY 979.97 MM
3
With ROE of 6.60%, it has a fair valuation with a 0.82 Price to Book Value
- Over the past year, while the stock has generated a return of -4.64%, its profits have fallen by -36.7%
- At the current price, the company has a high dividend yield of 3.9
4
Underperformed the market in the last 1 year
- Even though the market (China Shanghai Composite) has generated returns of 14.61% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -4.64% returns
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Triangle Tyre Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Auto Components & Equipments should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Triangle Tyre Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Triangle Tyre Co., Ltd.
-4.64%
-0.45
17.77%
China Shanghai Composite
14.61%
1.01
14.52%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
4.67%
EBIT Growth (5y)
-5.80%
EBIT to Interest (avg)
21.15
Debt to EBITDA (avg)
0.19
Net Debt to Equity (avg)
-0.02
Sales to Capital Employed (avg)
0.69
Tax Ratio
11.65%
Dividend Payout Ratio
38.45%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.12%
ROE (avg)
7.94%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
0.82
EV to EBIT
3.48
EV to EBITDA
2.16
EV to Capital Employed
0.50
EV to Sales
0.25
PEG Ratio
NA
Dividend Yield
3.87%
ROCE (Latest)
14.28%
ROE (Latest)
6.60%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend0What is working for the Company
NO KEY POSITIVE TRIGGERS
-28What is not working for the Company
NET PROFIT(HY)
At CNY 384.86 MM has Grown at -39.2%
INTEREST COVERAGE RATIO(Q)
Lowest at 1,176.99
OPERATING CASH FLOW(Y)
Lowest at CNY 979.97 MM
ROCE(HY)
Lowest at 7.28%
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.77%
OPERATING PROFIT(Q)
Lowest at CNY 115.87 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 5.19 %
RAW MATERIAL COST(Y)
Grown by 24.16% (YoY
NET SALES(Q)
At CNY 2,231.66 MM has Fallen at -11.49%
PRE-TAX PROFIT(Q)
Lowest at CNY 195.78 MM
EPS(Q)
Lowest at CNY 0.21
Here's what is not working for Triangle Tyre Co., Ltd.
Interest Coverage Ratio
Lowest at 1,176.99 and Fallen
In each period in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Operating Profit
Lowest at CNY 115.87 MM and Fallen
In each period in the last five periodsMOJO Watch
Near term Operating Profit trend is quite negative
Operating Profit (CNY MM)
Operating Profit Margin
Lowest at 5.19 % and Fallen
In each period in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Debtors Turnover Ratio
Lowest at 4.77% 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
Operating Cash Flow
Lowest at CNY 979.97 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Net Sales
Lowest at CNY 2,231.66 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Net Sales
At CNY 2,231.66 MM has Fallen at -11.49%
over average net sales of the previous four periods of CNY 2,521.31 MMMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Pre-Tax Profit
Lowest at CNY 195.78 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (CNY MM)
Pre-Tax Profit
At CNY 195.78 MM has Fallen at -37.48%
over average net sales of the previous four periods of CNY 313.14 MMMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (CNY MM)
Net Profit
Lowest at CNY 166.02 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)
Net Profit
At CNY 166.02 MM has Fallen at -39.75%
over average net sales of the previous four periods of CNY 275.57 MMMOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)
EPS
Lowest at CNY 0.21
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (CNY)
Raw Material Cost
Grown by 24.16% (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 CNY 0.46 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income
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