Why is Zhejiang Jiaxin Silk Corp. Ltd. ?
1
Positive results in Mar 26
- OPERATING CASH FLOW(Y) Highest at CNY 484.64 MM
- NET PROFIT(HY) At CNY 90.19 MM has Grown at 50.67%
- INTEREST COVERAGE RATIO(Q) Highest at 2,101.76
2
With ROE of 10.34%, it has a very attractive valuation with a 1.31 Price to Book Value
- Over the past year, while the stock has generated a return of -8.54%, its profits have risen by 22% ; the PEG ratio of the company is 0.6
- At the current price, the company has a high dividend yield of 4.4
How much should you hold?
- Overall Portfolio exposure to Zhejiang Jiaxin Silk Corp. 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 Jiaxin Silk Corp. Ltd. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Zhejiang Jiaxin Silk Corp. Ltd.
-6.49%
0.09
36.50%
China Shanghai Composite
3.23%
1.20
14.07%
Quality key factors
Factor
Value
Sales Growth (5y)
12.26%
EBIT Growth (5y)
13.99%
EBIT to Interest (avg)
7.80
Debt to EBITDA (avg)
0.30
Net Debt to Equity (avg)
-0.11
Sales to Capital Employed (avg)
1.61
Tax Ratio
17.51%
Dividend Payout Ratio
93.28%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.63%
ROE (avg)
10.27%
Valuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
Price to Book Value
1.56
EV to EBIT
12.54
EV to EBITDA
10.38
EV to Capital Employed
1.65
EV to Sales
0.61
PEG Ratio
0.69
Dividend Yield
3.69%
ROCE (Latest)
13.18%
ROE (Latest)
10.34%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
9What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 498.74 MM
INTEREST COVERAGE RATIO(Q)
Highest at 3,110.46
RAW MATERIAL COST(Y)
Fallen by -2.49% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at -14.51 %
DEBTORS TURNOVER RATIO(HY)
Highest at 6.08 times
NET SALES(Q)
Highest at CNY 1,308.69 MM
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Zhejiang Jiaxin Silk Corp. Ltd.
Operating Cash Flow
Highest at CNY 498.74 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Interest Coverage Ratio
Highest at 3,110.46
in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales
Highest at CNY 1,308.69 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Debt-Equity Ratio
Lowest at -14.51 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Debtors Turnover Ratio
Highest at 6.08 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -2.49% (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






