Why is ZheJiang HongXin Technology Co., Ltd. ?
1
With a fall in Net Sales of -5.62%, the company declared Very Negative results in Mar 26
- The company has declared negative results for the last 4 consecutive quarters
- OPERATING CASH FLOW(Y) Lowest at CNY -114.79 MM
- PRE-TAX PROFIT(Q) At CNY -15.34 MM has Fallen at -366.62%
- NET PROFIT(Q) At CNY -14.71 MM has Fallen at -313.13%
2
Below par performance in long term as well as near term
- Along with generating -22.19% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
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 Other Industrial Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
No Data Found
Quality key factors
Factor
Value
Sales Growth (5y)
7.99%
EBIT Growth (5y)
26.61%
EBIT to Interest (avg)
-53.20
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.75
Tax Ratio
100.00%
Dividend Payout Ratio
53.62%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.03%
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
526
Industry P/E
Price to Book Value
1.86
EV to EBIT
188.61
EV to EBITDA
35.36
EV to Capital Employed
1.39
EV to Sales
2.12
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
0.74%
ROE (Latest)
0.35%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
RSI
No Signal
Bullish
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Dow Theory
No Trend
Bearish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
7What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -0.26% (YoY
NET SALES(Q)
Highest at CNY 350.65 MM
-30What is not working for the Company
INTEREST(HY)
At CNY 6.89 MM has Grown at 497.17%
PRE-TAX PROFIT(Q)
At CNY -5.58 MM has Fallen at -640.51%
NET PROFIT(Q)
At CNY -2.95 MM has Fallen at -533.87%
OPERATING CASH FLOW(Y)
Lowest at CNY -84.38 MM
ROCE(HY)
Lowest at -2.36%
DEBT-EQUITY RATIO
(HY)
Highest at 138.49 %
INVENTORY TURNOVER RATIO(HY)
Lowest at 2.62 times
Here's what is working for ZheJiang HongXin Technology Co., Ltd.
Net Sales
Highest at CNY 350.65 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Net Sales
At CNY 350.65 MM has Grown at 26.08%
over average net sales of the previous four periods of CNY 278.12 MMMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Raw Material Cost
Fallen by -0.26% (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
Depreciation
Highest at CNY 21.9 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (CNY MM)
Here's what is not working for ZheJiang HongXin Technology Co., Ltd.
Interest
At CNY 6.89 MM has Grown at 497.17%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Pre-Tax Profit
At CNY -5.58 MM has Fallen at -640.51%
over average net sales of the previous four periods of CNY -0.75 MMMOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (CNY MM)
Net Profit
At CNY -2.95 MM has Fallen at -533.87%
over average net sales of the previous four periods of CNY 0.68 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Debt-Equity Ratio
Highest at 138.49 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Inventory Turnover Ratio
Lowest at 2.62 times and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Operating Cash Flow
Lowest at CNY -84.38 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
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