Why is Zhejiang Hengwei Battery Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 4.19% and Operating profit at -4.76% over the last 5 years
2
Flat results in Mar 26
- OPERATING CASH FLOW(Y) Lowest at CNY 60.83 MM
- NET PROFIT(HY) At CNY 47.93 MM has Grown at -24.3%
- ROCE(HY) Lowest at 6.1%
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 Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Zhejiang Hengwei Battery Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Zhejiang Hengwei Battery Co., Ltd.
87.29%
1.08
56.59%
China Shanghai Composite
20.96%
1.56
13.41%
Quality key factors
Factor
Value
Sales Growth (5y)
4.19%
EBIT Growth (5y)
-4.76%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.65
Sales to Capital Employed (avg)
0.45
Tax Ratio
12.65%
Dividend Payout Ratio
60.14%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
32.68%
ROE (avg)
8.36%
Valuation Key Factors 
Factor
Value
P/E Ratio
32
Industry P/E
Price to Book Value
2.32
EV to EBIT
30.28
EV to EBITDA
26.03
EV to Capital Employed
4.11
EV to Sales
3.78
PEG Ratio
NA
Dividend Yield
0.23%
ROCE (Latest)
13.56%
ROE (Latest)
7.24%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
Bullish
Technical Movement
5What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -16.84% (YoY
NET SALES(Q)
At CNY 187.93 MM has Grown at 30.77%
PRE-TAX PROFIT(Q)
Highest at CNY 29 MM
NET PROFIT(Q)
Highest at CNY 25.79 MM
EPS(Q)
Highest at CNY 0.18
-9What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at CNY 60.83 MM
NET PROFIT(HY)
At CNY 47.93 MM has Grown at -24.3%
ROCE(HY)
Lowest at 6.1%
INVENTORY TURNOVER RATIO(HY)
Lowest at 3.93 times
Here's what is working for Zhejiang Hengwei Battery Co., Ltd.
Net Sales
At CNY 187.93 MM has Grown at 30.77%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Pre-Tax Profit
Highest at CNY 29 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Net Profit
Highest at CNY 25.79 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
EPS
Highest at CNY 0.18
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CNY)
Raw Material Cost
Fallen by -16.84% (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 Hengwei Battery Co., Ltd.
Operating Cash Flow
Lowest at CNY 60.83 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Inventory Turnover Ratio
Lowest at 3.93 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






