Why is Zhejiang Changsheng Sliding Bearings Co., Ltd. ?
1
Flat results in Mar 25
- INTEREST(HY) At CNY 1.59 MM has Grown at 82.76%
- INTEREST COVERAGE RATIO(Q) Lowest at 7,545.74
- CASH AND EQV(HY) Lowest at CNY 892.92 MM
2
With ROE of 14.89%, it has a very expensive valuation with a 10.70 Price to Book Value
- Over the past year, while the stock has generated a return of 325.81%, its profits have risen by 6.5% ; the PEG ratio of the company is 40.6
- At the current price, the company has a high dividend yield of 0.7
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 Changsheng Sliding Bearings Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Zhejiang Changsheng Sliding Bearings Co., Ltd.
-100.0%
5.66
86.75%
China Shanghai Composite
15.19%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
15.97%
EBIT Growth (5y)
16.98%
EBIT to Interest (avg)
92.08
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.20
Sales to Capital Employed (avg)
0.67
Tax Ratio
14.27%
Dividend Payout Ratio
52.38%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
20.46%
ROE (avg)
13.44%
Valuation Key Factors 
Factor
Value
P/E Ratio
72
Industry P/E
Price to Book Value
10.70
EV to EBIT
70.61
EV to EBITDA
54.55
EV to Capital Employed
12.97
EV to Sales
14.74
PEG Ratio
40.64
Dividend Yield
0.68%
ROCE (Latest)
18.36%
ROE (Latest)
14.89%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Bullish
Bullish
Technical Movement
1What is working for the Company
RAW MATERIAL COST(Y)
Fallen by 1.11% (YoY
-14What is not working for the Company
INTEREST(HY)
At CNY 1.59 MM has Grown at 82.76%
INTEREST COVERAGE RATIO(Q)
Lowest at 7,545.74
CASH AND EQV(HY)
Lowest at CNY 892.92 MM
DEBTORS TURNOVER RATIO(HY)
Lowest at 3.08%
OPERATING PROFIT(Q)
Lowest at CNY 52.79 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 18.94 %
Here's what is working for Zhejiang Changsheng Sliding Bearings Co., Ltd.
Raw Material Cost
Fallen by 1.11% (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 Changsheng Sliding Bearings Co., Ltd.
Interest
At CNY 1.59 MM has Grown at 82.76%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Interest Coverage Ratio
Lowest at 7,545.74
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 52.79 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (CNY MM)
Operating Profit Margin
Lowest at 18.94 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Cash and Eqv
Lowest at CNY 892.92 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debtors Turnover Ratio
Lowest at 3.08%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Non Operating Income
Highest at CNY 0.23 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






