ScoreWhy is Zhejiang Canaan Technology Ltd. ?
1
Poor Management Efficiency with a low ROCE of 3.56%
- The company has been able to generate a Return on Capital Employed (avg) of 3.56% signifying low profitability per unit of total capital (equity and debt)
2
Poor long term growth as Net Sales has grown by an annual rate of 0.47% and Operating profit at -46.54% over the last 5 years
- INTEREST(Q) At CNY 2.95 MM has Grown at 256.41%
- NET SALES(Q) Lowest at CNY 129.54 MM
- OPERATING PROFIT(Q) Lowest at CNY -16.79 MM
3
With ROE of 2.05%, it has a very expensive valuation with a 1.98 Price to Book Value
- Over the past year, while the stock has generated a return of -11.80%, its profits have fallen by -44.6%
- At the current price, the company has a high dividend yield of 1.4
4
Below par performance in long term as well as near term
- Along with generating -11.80% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow 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 Pharmaceuticals & Biotechnology)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Zhejiang Canaan Technology Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Zhejiang Canaan Technology Ltd.
-11.78%
1.35
41.11%
China Shanghai Composite
3.23%
1.20
14.07%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
0.47%
EBIT Growth (5y)
-46.54%
EBIT to Interest (avg)
-1.54
Debt to EBITDA (avg)
1.38
Net Debt to Equity (avg)
0.18
Sales to Capital Employed (avg)
0.79
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
97.32%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.52%
ROE (avg)
3.60%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
105
Industry P/E
Price to Book Value
2.15
EV to EBIT
642.13
EV to EBITDA
50.49
EV to Capital Employed
2.05
EV to Sales
2.10
PEG Ratio
NA
Dividend Yield
1.29%
ROCE (Latest)
0.32%
ROE (Latest)
2.05%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend4What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 205.71 MM
CASH AND EQV(HY)
Highest at CNY 860.14 MM
-19What is not working for the Company
NET PROFIT(Q)
At CNY 5.1 MM has Fallen at -59.56%
NET SALES(HY)
At CNY 501.51 MM has Grown at -10.41%
INTEREST(Q)
At CNY 3.85 MM has Grown at 30.42%
RAW MATERIAL COST(Y)
Grown by 9.61% (YoY
Here's what is working for Zhejiang Canaan Technology Ltd.
Operating Cash Flow
Highest at CNY 205.71 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Cash and Eqv
Highest at CNY 860.14 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Zhejiang Canaan Technology Ltd.
Net Profit
At CNY 5.1 MM has Fallen at -59.56%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Interest
At CNY 3.85 MM has Grown at 30.42%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Net Sales
At CNY 501.51 MM has Grown at -10.41%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Raw Material Cost
Grown by 9.61% (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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