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Zhejiang Hailide New Material Co., Ltd.

  • Market Cap: Small Cap
  • Industry: Garments & Apparels
  • ISIN: CNE100000916
  • SHE: 002206
CNY
4.97
-0.04 (-0.8%)

Sep 22

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 Hailide New Material Co., Ltd.

Why is Zhejiang Hailide New Material Co., Ltd. ?

1
Poor long term growth as Net Sales has grown by an annual rate of 8.49% and Operating profit at 9.64% over the last 5 years
2
Flat results in Mar 26
  • INTEREST(HY) At CNY 31.57 MM has Grown at 7.39%
  • INTEREST COVERAGE RATIO(Q) Lowest at 1,016.12
  • INVENTORY TURNOVER RATIO(HY) Lowest at 4.29 times
3
With ROE of 11.90%, it has a attractive valuation with a 1.13 Price to Book Value
  • Over the past year, while the stock has generated a return of -7.18%, its profits have risen by 0.4% ; the PEG ratio of the company is 9.5
  • At the current price, the company has a high dividend yield of 3.9
4
Below par performance in long term as well as near term
  • Along with generating -7.18% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Zhejiang Hailide New Material Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Garments & Apparels should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Zhejiang Hailide New Material Co., Ltd. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Zhejiang Hailide New Material Co., Ltd.
-17.72%
0.77
35.58%
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)
8.49%
EBIT Growth (5y)
9.64%
EBIT to Interest (avg)
8.41
Debt to EBITDA (avg)
1.60
Net Debt to Equity (avg)
0.25
Sales to Capital Employed (avg)
0.87
Tax Ratio
13.47%
Dividend Payout Ratio
43.83%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.97%
ROE (avg)
11.47%
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
10
Industry P/E
Price to Book Value
1.24
EV to EBIT
9.83
EV to EBITDA
6.52
EV to Capital Employed
1.20
EV to Sales
1.03
PEG Ratio
10.39
Dividend Yield
3.57%
ROCE (Latest)
12.21%
ROE (Latest)
11.90%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
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

5What is working for the Company
RAW MATERIAL COST(Y)

Fallen by -33.39% (YoY

CASH AND EQV(HY)

Highest at CNY 4,213.05 MM

OPERATING PROFIT(Q)

Highest at CNY 298.65 MM

OPERATING PROFIT MARGIN(Q)

Highest at 22.65 %

EPS(Q)

Highest at CNY 0.15

-10What is not working for the Company
NET SALES(HY)

At CNY 2,628.06 MM has Grown at -9.75%

INTEREST(HY)

At CNY 29.43 MM has Grown at 6.4%

INVENTORY TURNOVER RATIO(HY)

Lowest at 4.2 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 5.33 times

Here's what is working for Zhejiang Hailide New Material Co., Ltd.

Operating Profit
Highest at CNY 298.65 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Operating Profit Margin
Highest at 22.65 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

EPS
Highest at CNY 0.15
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Cash and Eqv
Highest at CNY 4,213.05 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Raw Material Cost
Fallen by -33.39% (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 Hailide New Material Co., Ltd.

Net Sales
At CNY 2,628.06 MM has Grown at -9.75%
Year on Year (YoY)
MOJO Watch
Near term sales trend is negative

Net Sales (CNY MM)

Interest
At CNY 29.43 MM has Grown at 6.4%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Inventory Turnover Ratio
Lowest at 4.2 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 5.33 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

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