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Zhejiang Changsheng Sliding Bearings Co., Ltd.

  • Market Cap: Large Cap
  • Industry: Industrial Manufacturing
  • ISIN: CNE1000035C2
  • SHE: 300718
CNY
53.50
0.05 (0.09%)

Sep 21

SHE

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Zhejiang Changsheng Sliding Bearings Co., Ltd.

Why is Zhejiang Changsheng Sliding Bearings Co., Ltd. ?

1
Flat results in Mar 26
  • OPERATING CASH FLOW(Y) Lowest at CNY 233.04 MM
  • DEBTORS TURNOVER RATIO(HY) Lowest at 3.01 times
  • OPERATING PROFIT MARGIN(Q) Lowest at 21.94 %
2
With ROE of 15.20%, it has a expensive valuation with a 8.28 Price to Book Value
  • Over the past year, while the stock has generated a return of 15.41%, its profits have risen by 18.4% ; the PEG ratio of the company is 3
  • At the current price, the company has a high dividend yield of 0.9
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. 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.
-42.9%
8.40
54.16%
China Shanghai Composite
3.23%
1.20
14.07%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
12.26%
EBIT Growth (5y)
14.53%
EBIT to Interest (avg)
89.64
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.20
Sales to Capital Employed (avg)
0.67
Tax Ratio
14.02%
Dividend Payout Ratio
50.20%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
20.52%
ROE (avg)
13.44%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
63
Industry P/E
Price to Book Value
9.64
EV to EBIT
57.57
EV to EBITDA
48.35
EV to Capital Employed
12.23
EV to Sales
12.74
PEG Ratio
3.44
Dividend Yield
0.74%
ROCE (Latest)
21.24%
ROE (Latest)
15.20%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

10What is working for the Company
DIVIDEND PAYOUT RATIO(Y)

Highest at 89.25%

INVENTORY TURNOVER RATIO(HY)

Highest at 3.95 times

DIVIDEND PER SHARE(HY)

Highest at CNY 3.15

NET SALES(Q)

Highest at CNY 407.24 MM

OPERATING PROFIT(Q)

Highest at CNY 101.45 MM

-8What is not working for the Company
INTEREST COVERAGE RATIO(Q)

Lowest at 10,042.37

RAW MATERIAL COST(Y)

Grown by 8.24% (YoY

DEBTORS TURNOVER RATIO(HY)

Lowest at 3.15 times

INTEREST(Q)

Highest at CNY 1.01 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 24.91 %

Here's what is working for Zhejiang Changsheng Sliding Bearings Co., Ltd.

Net Sales
Highest at CNY 407.24 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Net Sales
At CNY 407.24 MM has Grown at 22.41%
over average net sales of the previous four periods of CNY 332.69 MM
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Operating Profit
Highest at CNY 101.45 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Inventory Turnover Ratio
Highest at 3.95 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Dividend per share
Highest at CNY 3.15
in the last five years
MOJO Watch
Company is distributing higher dividend from profits generated

DPS (CNY)

Dividend Payout Ratio
Highest at 89.25%
in the last five years
MOJO Watch
Company is distributing higher proportion of profits generated as dividend

DPR (%)

Here's what is not working for Zhejiang Changsheng Sliding Bearings Co., Ltd.

Interest
At CNY 1.01 MM has Grown at 225.98%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest Coverage Ratio
Lowest at 10,042.37
in the last five periods
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest
Highest at CNY 1.01 MM
in the last five periods and Increased by 225.98% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Operating Profit Margin
Lowest at 24.91 %
in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales

Debtors Turnover Ratio
Lowest at 3.15 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Raw Material Cost
Grown by 8.24% (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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