Zhejiang Baida Precision Manufacturing Corp. (603331) 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

Zhejiang Baida Precision Manufacturing Corp.

Why is Zhejiang Baida Precision Manufacturing Corp. ?

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 12.33% and Operating profit at 1.85% 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 7.14% signifying low profitability per unit of shareholders funds

Poor long term growth as Net Sales has grown by an annual rate of 12.33% and Operating profit at 1.85% over the last 5 years

The company has declared Negative results for the last 5 consecutive quarters

INVENTORY TURNOVER RATIO(HY) Lowest at 3.2 times
NET SALES(Q) Lowest at CNY 330.25 MM
INTEREST(Q) Highest at CNY 11.7 MM

With ROE of 0.74%, it has a fair valuation with a 1.67 Price to Book Value

Over the past year, while the stock has generated a return of 69.09%, its profits have fallen by -89.9%
At the current price, the company has a high dividend yield of 0.7

Market Beating Performance

The stock has generated a return of 69.09% in the last 1 year, much higher than market (China Shanghai Composite) returns of 22.49%

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 Industrial Manufacturing)

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

Is Zhejiang Baida Precision Manufacturing Corp. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Zhejiang Baida Precision Manufacturing Corp.

8.9%

1.69

45.22%

China Shanghai Composite

20.18%

1.58

14.20%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

4.37%

EBIT Growth (5y)

-207.37%

EBIT to Interest (avg)

3.80

Debt to EBITDA (avg)

3.45

Net Debt to Equity (avg)

0.58

Sales to Capital Employed (avg)

0.67

Tax Ratio

100.00%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

6.50%

ROE (avg)

7.14%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

0.39

EV to EBIT

-6.40

EV to EBITDA

-13.92

EV to Capital Employed

0.66

EV to Sales

0.91

PEG Ratio

Dividend Yield

3.94%

ROCE (Latest)

-10.32%

ROE (Latest)

-29.04%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Mildly Bullish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

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

3What is working for the Company

RAW MATERIAL COST(Y)

Fallen by -5.03% (YoY

PRE-TAX PROFIT(Q)

At CNY 0.13 MM has Grown at 100.26%

NET PROFIT(Q)

At CNY 1.63 MM has Grown at 102.88%

-22What is not working for the Company

NET SALES(HY)

At CNY 634.64 MM has Grown at -21.29%

NET PROFIT(HY)

At CNY -284.46 MM has Grown at -933.56%

ROCE(HY)

Lowest at -21.01%

INTEREST(Q)

At CNY 9.37 MM has Grown at 35.26%

DEBT-EQUITY RATIO (HY)

Highest at 78.26 %

INVENTORY TURNOVER RATIO(HY)

Lowest at 2.86 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 2.24 times

Here's what is working for Zhejiang Baida Precision Manufacturing Corp.

Pre-Tax Profit

At CNY 0.13 MM has Grown at 100.26%

over average net sales of the previous four periods of CNY -49.81 MM

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 1.63 MM has Grown at 102.88%

over average net sales of the previous four periods of CNY -56.36 MM

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Raw Material Cost

Fallen by -5.03% (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 Zhejiang Baida Precision Manufacturing Corp.

Net Sales

At CNY 634.64 MM has Grown at -21.29%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very negative

Net Sales (CNY MM)

Interest

At CNY 9.37 MM has Grown at 35.26%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Debt-Equity Ratio

Highest at 78.26 %

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

Inventory Turnover Ratio

Lowest at 2.86 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Debtors Turnover Ratio

Lowest at 2.24 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio