Xiamen Changelight Co., Ltd. (300102) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Xiamen Changelight Co., Ltd.

Why is Xiamen Changelight Co., Ltd. ?

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)

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 22.39% and Operating profit at 14.56% 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 1.83% signifying low profitability per unit of shareholders funds

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

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 175.58%, its profits have fallen by -30.3%
At the current price, the company has a high dividend yield of 0.2

Real-Time Research Report

Verdict Report

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 Other Electrical Equipment)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Xiamen Changelight Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Xiamen Changelight Co., Ltd.

175.58%

5.38

76.49%

China Shanghai Composite

15.17%

1.02

14.86%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality 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

Institutional Holding

ROCE (avg)

0.81%

ROE (avg)

1.83%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

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

Dividend Yield

0.25%

ROCE (Latest)

-0.24%

ROE (Latest)

2.90%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

Bearish

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

No Trend

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

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

17What 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 MM

MOJO 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 years

MOJO 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 periods

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Debt-Equity Ratio

Lowest at 10.16 %

in the last five Semi-Annual periods

MOJO 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 periods

MOJO 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 periods

MOJO 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 periods

MOJO 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 MM

MOJO 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 periods

MOJO 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