ScoreWhy is Xiamen Changelight Co., Ltd. ?
1
Poor Management Efficiency with a low ROCE of 0.81%
- The company has been able to generate a Return on Capital Employed (avg) of 0.81% 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 22.39% and Operating profit at 14.56% over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 1.83% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of 22.39% and Operating profit at 14.56% over the last 5 years
4
With a growth in Net Profit of 11.01%, the company declared Very Positive results in Sep 25
- The company has declared positive results in Jan 70 after 2 consecutive negative quarters
- OPERATING CASH FLOW(Y) Highest at CNY 536.31 MM
- NET PROFIT(9M) At CNY 83.61 MM has Grown at 73.7%
- DEBT-EQUITY RATIO (HY) Lowest at 10.16 %
5
With ROE of 2.90%, it has a expensive valuation with a 2.65 Price to Book Value
- Over the past year, while the stock has generated a return of 197.66%, its profits have fallen by -30.3%
- At the current price, the company has a high dividend yield of 0.2
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Xiamen Changelight Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Other Electrical Equipment should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Electrical Equipment)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Xiamen Changelight Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Xiamen Changelight Co., Ltd.
197.66%
5.87
75.77%
China Shanghai Composite
24.7%
1.91
12.94%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
22.39%
EBIT Growth (5y)
14.56%
EBIT to Interest (avg)
-0.64
Debt to EBITDA (avg)
3.58
Net Debt to Equity (avg)
0.12
Sales to Capital Employed (avg)
0.45
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
42.51%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0.81%
ROE (avg)
1.83%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
91
Industry P/E
Price to Book Value
2.65
EV to EBIT
-1058.51
EV to EBITDA
25.18
EV to Capital Employed
2.49
EV to Sales
4.03
PEG Ratio
NA
Dividend Yield
0.25%
ROCE (Latest)
-0.24%
ROE (Latest)
2.90%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend17What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 536.31 MM
NET PROFIT(9M)
At CNY 83.61 MM has Grown at 73.7%
DEBT-EQUITY RATIO
(HY)
Lowest at 10.16 %
INVENTORY TURNOVER RATIO(HY)
Highest at 4.64 times
DEBTORS TURNOVER RATIO(HY)
Highest at 2.8 times
NET SALES(Q)
Highest at CNY 1,006.81 MM
-6What is not working for the Company
OPERATING PROFIT MARGIN(Q)
Lowest at -0.06 %
NET PROFIT(Q)
At CNY 17.59 MM has Fallen at -42.41%
RAW MATERIAL COST(Y)
Grown by 42.7% (YoY
OPERATING PROFIT(Q)
Lowest at CNY -0.56 MM
Here's what is working for Xiamen Changelight Co., Ltd.
Net Sales
At CNY 1,006.81 MM has Grown at 39.22%
over average net sales of the previous four periods of CNY 723.17 MMMOJO Watch
Near term sales trend is very positive
Net Sales (CNY MM)
Operating Cash Flow
Highest at CNY 536.31 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Net Sales
Highest at CNY 1,006.81 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Debt-Equity Ratio
Lowest at 10.16 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 4.64 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 2.8 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Xiamen Changelight Co., Ltd.
Operating Profit Margin
Lowest at -0.06 % and Fallen
In each period in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Net Profit
At CNY 17.59 MM has Fallen at -42.41%
over average net sales of the previous four periods of CNY 30.54 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Operating Profit
Lowest at CNY -0.56 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (CNY MM)
Raw Material Cost
Grown by 42.7% (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
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