ScoreWhy is Zhejiang Meida Industrial Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of -26.58% and Operating profit at -139.04% over the last 5 years
2
With a fall in Net Sales of -37.73%, the company declared Very Negative results in Mar 26
- The company has declared negative results for the last 10 consecutive quarters
- NET PROFIT(HY) At CNY -3.44 MM has Grown at -129.57%
- ROCE(HY) Lowest at 0.43%
- INVENTORY TURNOVER RATIO(HY) Lowest at 6.24 times
3
With ROE of 0.37%, it has a very expensive valuation with a 2.05 Price to Book Value
- Over the past year, while the stock has generated a return of -10.87%, its profits have fallen by -86.5%
- At the current price, the company has a high dividend yield of 0
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -10.87% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in each of the last 3 annual periods
Real-Time Research ReportHow 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 Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Zhejiang Meida Industrial Co., Ltd. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Zhejiang Meida Industrial Co., Ltd.
-19.79%
-0.68
43.10%
China Shanghai Composite
3.23%
1.20
14.07%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
-26.58%
EBIT Growth (5y)
-139.04%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.52
Sales to Capital Employed (avg)
0.54
Tax Ratio
37.25%
Dividend Payout Ratio
89.39%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
37.97%
ROE (avg)
22.43%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
673
Industry P/E
Price to Book Value
2.47
EV to EBIT
-477.76
EV to EBITDA
77.09
EV to Capital Employed
3.57
EV to Sales
7.01
PEG Ratio
NA
Dividend Yield
0.28%
ROCE (Latest)
-0.75%
ROE (Latest)
0.37%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend0What is working for the Company
NO KEY POSITIVE TRIGGERS
-43What is not working for the Company
INTEREST(HY)
At CNY 0.04 MM has Grown at 20.17%
OPERATING CASH FLOW(Y)
Lowest at CNY 39.61 MM
ROCE(HY)
Lowest at -0.78%
RAW MATERIAL COST(Y)
Grown by 49.55% (YoY
CASH AND EQV(HY)
Lowest at CNY 1,230.1 MM
DEBTORS TURNOVER RATIO(HY)
Lowest at 23.72 times
NET SALES(Q)
Lowest at CNY 59.85 MM
OPERATING PROFIT(Q)
Lowest at CNY -7.55 MM
OPERATING PROFIT MARGIN(Q)
Lowest at -12.61 %
PRE-TAX PROFIT(Q)
Lowest at CNY -19.72 MM
NET PROFIT(Q)
Lowest at CNY -13.62 MM
EPS(Q)
Lowest at CNY -0.02
Here's what is not working for Zhejiang Meida Industrial Co., Ltd.
Interest
At CNY 0.04 MM has Grown at 20.17%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Net Sales
At CNY 59.85 MM has Fallen at -44.19%
over average net sales of the previous four periods of CNY 107.24 MMMOJO Watch
Near term sales trend is extremely negative
Net Sales (CNY MM)
Pre-Tax Profit
At CNY -19.72 MM has Fallen at -961.21%
over average net sales of the previous four periods of CNY 2.29 MMMOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (CNY MM)
Net Profit
At CNY -13.62 MM has Fallen at -918.1%
over average net sales of the previous four periods of CNY 1.66 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Operating Cash Flow
Lowest at CNY 39.61 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Net Sales
Lowest at CNY 59.85 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Operating Profit
Lowest at CNY -7.55 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (CNY MM)
Operating Profit Margin
Lowest at -12.61 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Pre-Tax Profit
Lowest at CNY -19.72 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (CNY MM)
Net Profit
Lowest at CNY -13.62 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)
EPS
Lowest at CNY -0.02
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (CNY)
Cash and Eqv
Lowest at CNY 1,230.1 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debtors Turnover Ratio
Lowest at 23.72 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Raw Material Cost
Grown by 49.55% (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
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