Why is Zhejiang Jiaxin Silk Corp. Ltd. ?
1
With a growth in Net Profit of 96.55%, the company declared Very 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 9.62%, 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 buy?
- 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.
9.62%
0.57
34.43%
China Shanghai Composite
21.28%
1.56
13.67%
Quality key factors
Factor
Value
Sales Growth (5y)
12.26%
EBIT Growth (5y)
13.99%
EBIT to Interest (avg)
6.18
Debt to EBITDA (avg)
0.30
Net Debt to Equity (avg)
-0.11
Sales to Capital Employed (avg)
1.61
Tax Ratio
20.84%
Dividend Payout Ratio
93.28%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.58%
ROE (avg)
10.27%
Valuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
Price to Book Value
1.31
EV to EBIT
10.27
EV to EBITDA
8.50
EV to Capital Employed
1.35
EV to Sales
0.50
PEG Ratio
0.57
Dividend Yield
4.42%
ROCE (Latest)
13.18%
ROE (Latest)
10.34%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
No Trend
Technical Movement
11What is working for the Company
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
RAW MATERIAL COST(Y)
Fallen by -26.21% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at -13.72 %
NET SALES(Q)
Highest at CNY 1,284.3 MM
OPERATING PROFIT(Q)
Highest at CNY 88.8 MM
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 7.02 times
Here's what is working for Zhejiang Jiaxin Silk Corp. Ltd.
Operating Cash Flow
Highest at CNY 484.64 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 2,101.76
in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Profit
At CNY 90.19 MM has Grown at 50.67%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
Net Sales
Highest at CNY 1,284.3 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Operating Profit
Highest at CNY 88.8 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (CNY MM)
Debt-Equity Ratio
Lowest at -13.72 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Raw Material Cost
Fallen by -26.21% (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.
Debtors Turnover Ratio
Lowest at 7.02 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






