Why is Zhejiang Jiaxin Silk Corp. Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 9.19% and Operating profit at 1.30% over the last 5 years
2
Flat results in Mar 25
- NET PROFIT(HY) At CNY 59.86 MM has Grown at -40.13%
- ROCE(HY) Lowest at 7.9%
- DEBTORS TURNOVER RATIO(HY) Lowest at 7.28%
3
With ROE of 9.34%, it has a fair valuation with a 1.29 Price to Book Value
- Over the past year, while the stock has generated a return of 9.95%, its profits have fallen by -16.8%
- At the current price, the company has a high dividend yield of 4.8
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, Medium Return
Absolute
Risk Adjusted
Volatility
Zhejiang Jiaxin Silk Corp. Ltd.
7.31%
0.56
35.49%
China Shanghai Composite
15.19%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
9.19%
EBIT Growth (5y)
1.30%
EBIT to Interest (avg)
6.18
Debt to EBITDA (avg)
0.30
Net Debt to Equity (avg)
-0.11
Sales to Capital Employed (avg)
1.54
Tax Ratio
20.84%
Dividend Payout Ratio
104.53%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.58%
ROE (avg)
10.27%
Valuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
Price to Book Value
1.29
EV to EBIT
15.46
EV to EBITDA
10.91
EV to Capital Employed
1.32
EV to Sales
0.52
PEG Ratio
NA
Dividend Yield
4.78%
ROCE (Latest)
8.51%
ROE (Latest)
9.34%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
2What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -8.09% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 8.73%
-9What is not working for the Company
NET PROFIT(HY)
At CNY 59.86 MM has Grown at -40.13%
ROCE(HY)
Lowest at 7.9%
DEBTORS TURNOVER RATIO(HY)
Lowest at 7.28%
Here's what is working for Zhejiang Jiaxin Silk Corp. Ltd.
Inventory Turnover Ratio
Highest at 8.73%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by -8.09% (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 Jiaxin Silk Corp. Ltd.
Net Profit
At CNY 59.86 MM has Grown at -40.13%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Debtors Turnover Ratio
Lowest at 7.28%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






