Zhejiang Jinfei Kaida Wheel Co., Ltd. (002863) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Zhejiang Jinfei Kaida Wheel Co., Ltd.

Why is Zhejiang Jinfei Kaida Wheel Co., Ltd. ?

Poor Management Efficiency with a low ROCE of 3.00%

The company has been able to generate a Return on Capital Employed (avg) of 3.00% signifying low profitability per unit of total capital (equity and debt)

The company is Net-Debt Free

Poor long term growth as Net Sales has grown by an annual rate of 13.05% and Operating profit at 2.51% over the last 5 years
The company is Net-Debt Free
The company has been able to generate a Return on Equity (avg) of 4.33% signifying low profitability per unit of shareholders funds

Poor long term growth as Net Sales has grown by an annual rate of 13.05% and Operating profit at 2.51% over the last 5 years

Underperformed the market in the last 1 year

The stock has generated a return of 12.60% in the last 1 year, much lower than market (China Shanghai Composite) returns of 24.70%

Real-Time Research Report

Verdict Report

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 Auto Components & Equipments)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Zhejiang Jinfei Kaida Wheel Co., Ltd. for you?

Medium Risk, High Return

Absolute

Risk Adjusted

Volatility

Zhejiang Jinfei Kaida Wheel Co., Ltd.

12.6%

1.34

29.13%

China Shanghai Composite

24.7%

1.91

12.94%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

13.05%

EBIT Growth (5y)

2.51%

EBIT to Interest (avg)

1.03

Debt to EBITDA (avg)

7.54

Net Debt to Equity (avg)

1.37

Sales to Capital Employed (avg)

0.71

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

19.66%

Pledged Shares

Institutional Holding

ROCE (avg)

3.00%

ROE (avg)

4.33%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.16

EV to EBIT

36.89

EV to EBITDA

12.71

EV to Capital Employed

1.07

EV to Sales

1.36

PEG Ratio

Dividend Yield

0.34%

ROCE (Latest)

2.89%

ROE (Latest)

2.46%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Bullish

RSI

No Signal

Bullish

Bollinger Bands

Mildly Bearish

Bullish

Moving Averages

Bullish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bullish

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

12What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 577.27 MM

NET SALES(Q)

At CNY 1,444.01 MM has Grown at 23.11%

PRE-TAX PROFIT(Q)

Highest at CNY 29.92 MM

NET PROFIT(Q)

Highest at CNY 27.04 MM

EPS(Q)

Highest at CNY 0.05

-10What is not working for the Company

INTEREST(HY)

At CNY 79.67 MM has Grown at 5.62%

INTEREST COVERAGE RATIO(Q)

Lowest at 92.43

RAW MATERIAL COST(Y)

Grown by 30.56% (YoY

OPERATING PROFIT(Q)

Lowest at CNY 34.6 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 2.4 %

Here's what is working for Zhejiang Jinfei Kaida Wheel Co., Ltd.

Pre-Tax Profit

At CNY 29.92 MM has Grown at 162.54%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CNY MM)

Operating Cash Flow

Highest at CNY 577.27 MM

in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Net Sales

At CNY 1,444.01 MM has Grown at 23.11%

Year on Year (YoY)

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Pre-Tax Profit

Highest at CNY 29.92 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Net Profit

Highest at CNY 27.04 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Net Profit

At CNY 27.04 MM has Grown at 62.26%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS

Highest at CNY 0.05

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Here's what is not working for Zhejiang Jinfei Kaida Wheel Co., Ltd.

Interest Coverage Ratio

Lowest at 92.43

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest

At CNY 79.67 MM has Grown at 5.62%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Operating Profit

Lowest at CNY 34.6 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin

Lowest at 2.4 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Raw Material Cost

Grown by 30.56% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales