Zhejiang Kingland Pipeline & Technologies Co., Ltd. (002443) 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 Kingland Pipeline & Technologies Co., Ltd.

Why is Zhejiang Kingland Pipeline & Technologies Co., Ltd. ?

Poor long term growth as Net Sales has grown by an annual rate of -2.13% and Operating profit at -15.31% over the last 5 years

The company has declared Negative results for the last 5 consecutive quarters

INTEREST(HY) At CNY 0.66 MM has Grown at 124.4%
NET PROFIT(9M) At CNY 93.75 MM has Grown at -23.75%
ROCE(HY) Lowest at 5.01%

With ROE of 5.44%, it has a fair valuation with a 1.09 Price to Book Value

Over the past year, while the stock has generated a return of 33.12%, its profits have fallen by -32.5%
At the current price, the company has a high dividend yield of 2.8

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 Ferrous Metals)

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

Is Zhejiang Kingland Pipeline & Technologies Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Zhejiang Kingland Pipeline & Technologies Co., Ltd.

-100.0%

1.28

35.79%

China Shanghai Composite

15.17%

1.02

14.86%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-2.13%

EBIT Growth (5y)

-15.31%

EBIT to Interest (avg)

42.32

Debt to EBITDA (avg)

Net Debt is too low

Net Debt to Equity (avg)

-0.35

Sales to Capital Employed (avg)

1.41

Tax Ratio

12.74%

Dividend Payout Ratio

51.36%

Pledged Shares

Institutional Holding

ROCE (avg)

11.05%

ROE (avg)

11.58%

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

1.09

EV to EBIT

16.94

EV to EBITDA

10.49

EV to Capital Employed

1.13

EV to Sales

0.61

PEG Ratio

Dividend Yield

2.79%

ROCE (Latest)

6.68%

ROE (Latest)

5.44%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

Mildly Bearish

Bullish

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

7What is working for the Company

DEBT-EQUITY RATIO (HY)

Lowest at -35.82 %

RAW MATERIAL COST(Y)

Fallen by -24.59% (YoY

CASH AND EQV(HY)

Highest at CNY 2,852.83 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 4.2 times

PRE-TAX PROFIT(Q)

At CNY 49.23 MM has Grown at 54.6%

NET PROFIT(Q)

At CNY 35.92 MM has Grown at 58.72%

-14What is not working for the Company

INTEREST(HY)

At CNY 0.66 MM has Grown at 124.4%

NET PROFIT(9M)

At CNY 93.75 MM has Grown at -23.75%

ROCE(HY)

Lowest at 5.01%

OPERATING PROFIT(Q)

Lowest at CNY 33.97 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 2.93 %

Here's what is working for Zhejiang Kingland Pipeline & Technologies Co., Ltd.

Debt-Equity Ratio

Lowest at -35.82 % and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Pre-Tax Profit

At CNY 49.23 MM has Grown at 54.6%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 35.92 MM has Grown at 58.72%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Cash and Eqv

Highest at CNY 2,852.83 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio

Highest at 4.2 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Raw Material Cost

Fallen by -24.59% (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 Kingland Pipeline & Technologies Co., Ltd.

Interest

At CNY 0.66 MM has Grown at 124.4%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Operating Profit

Lowest at CNY 33.97 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin

Lowest at 2.93 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales