Zhejiang Hailide New Material Co., Ltd. (002206) 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 Hailide New Material Co., Ltd.

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

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

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 4.59 times

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 14.14%, 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

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Zhejiang Hailide New Material Co., Ltd. should be less than 10%
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, Medium Return

Absolute

Risk Adjusted

Volatility

Zhejiang Hailide New Material Co., Ltd.

8.66%

0.78

37.18%

China Shanghai Composite

21.43%

1.55

13.83%

Quality

Management Risk

Growth

Capital Structure

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)

7.95

Debt to EBITDA (avg)

1.98

Net Debt to Equity (avg)

0.25

Sales to Capital Employed (avg)

0.87

Tax Ratio

10.24%

Dividend Payout Ratio

43.83%

Pledged Shares

Institutional Holding

ROCE (avg)

9.12%

ROE (avg)

11.47%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.13

EV to EBIT

9.09

EV to EBITDA

6.03

EV to Capital Employed

1.11

EV to Sales

0.95

PEG Ratio

9.50

Dividend Yield

3.91%

ROCE (Latest)

12.21%

ROE (Latest)

11.90%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Sideways

Moving Averages

Bearish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bullish

Mildly Bearish

OBV

No Trend

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

6What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 780.08 MM

DEBT-EQUITY RATIO (HY)

Lowest at 18.22 %

RAW MATERIAL COST(Y)

Fallen by -24.28% (YoY

CASH AND EQV(HY)

Highest at CNY 4,759.17 MM

-9What is not working for the Company

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 4.59 times

NET SALES(Q)

Lowest at CNY 1,309.82 MM

OPERATING PROFIT(Q)

Lowest at CNY 153.54 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 11.72 %

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

Debt-Equity Ratio

Lowest at 18.22 % and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Operating Cash Flow

Highest at CNY 780.08 MM

in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Cash and Eqv

Highest at CNY 4,759.17 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Raw Material Cost

Fallen by -24.28% (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.

Interest Coverage Ratio

Lowest at 1,016.12

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest

At CNY 31.57 MM has Grown at 7.39%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Net Sales

Lowest at CNY 1,309.82 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (CNY MM)

Net Sales

At CNY 1,309.82 MM has Fallen at -10.05%

over average net sales of the previous four periods of CNY 1,456.19 MM

MOJO Watch

Near term sales trend is negative

Net Sales (CNY MM)

Operating Profit

Lowest at CNY 153.54 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin

Lowest at 11.72 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Inventory Turnover Ratio

Lowest at 4.59 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio