Why is Zhejiang Jinghua Laser Technology Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 6.45% and Operating profit at -1.24% over the last 5 years
- INTEREST COVERAGE RATIO(Q) Lowest at 1,099.54
- NET SALES(Q) Lowest at CNY 198.48 MM
- INTEREST(Q) Highest at CNY 1.72 MM
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 Miscellaneous)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Zhejiang Jinghua Laser Technology Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Zhejiang Jinghua Laser Technology Co., Ltd.
33.2%
1.49
53.09%
China Shanghai Composite
15.17%
1.58
14.20%
Quality key factors
Factor
Value
Sales Growth (5y)
6.45%
EBIT Growth (5y)
-1.24%
EBIT to Interest (avg)
72.97
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.26
Sales to Capital Employed (avg)
0.64
Tax Ratio
8.05%
Dividend Payout Ratio
117.96%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
14.20%
ROE (avg)
10.98%
Valuation Key Factors 
Factor
Value
P/E Ratio
39
Industry P/E
Price to Book Value
4.39
EV to EBIT
40.25
EV to EBITDA
29.88
EV to Capital Employed
5.22
EV to Sales
4.25
PEG Ratio
2.89
Dividend Yield
1.61%
ROCE (Latest)
12.96%
ROE (Latest)
11.32%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
4What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 202.29 MM
CASH AND EQV(HY)
Highest at CNY 1,312.53 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -28.4 %
-18What is not working for the Company
INTEREST COVERAGE RATIO(Q)
Lowest at 1,099.54
NET SALES(Q)
Lowest at CNY 198.48 MM
INTEREST(Q)
Highest at CNY 1.72 MM
OPERATING PROFIT(Q)
Lowest at CNY 18.88 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 9.51 %
PRE-TAX PROFIT(Q)
Lowest at CNY 25.24 MM
Here's what is working for Zhejiang Jinghua Laser Technology Co., Ltd.
Operating Cash Flow
Highest at CNY 202.29 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Cash and Eqv
Highest at CNY 1,312.53 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -28.4 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Here's what is not working for Zhejiang Jinghua Laser Technology Co., Ltd.
Net Sales
At CNY 198.48 MM has Fallen at -18.69%
over average net sales of the previous four periods of CNY 244.09 MMMOJO Watch
Near term sales trend is extremely negative
Net Sales (CNY MM)
Interest
At CNY 1.72 MM has Grown at 179.05%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Interest Coverage Ratio
Lowest at 1,099.54
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Net Sales
Lowest at CNY 198.48 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Interest
Highest at CNY 1.72 MM
in the last five periods and Increased by 179.05% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Operating Profit
Lowest at CNY 18.88 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (CNY MM)
Operating Profit Margin
Lowest at 9.51 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Pre-Tax Profit
Lowest at CNY 25.24 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (CNY MM)






