Zhejiang Meili High Technology Co., Ltd.

  • Market Cap: Mid Cap
  • Industry: Industrial Manufacturing
  • ISIN: CNE100002PS1
  • SHE: 300611
CNY
28.14
0.31 (1.11%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Zhejiang Meili High Technology Co., Ltd.

Why is Zhejiang Meili High Technology Co., Ltd. ?

1
The company is Net-Debt Free
  • Poor long term growth as Net Sales has grown by an annual rate of 22.10% and Operating profit at 20.28% over the last 5 years
  • The company is Net-Debt Free
  • The company has been able to generate a Return on Equity (avg) of 4.59% signifying low profitability per unit of shareholders funds
  • INTEREST(HY) At CNY 13.35 MM has Grown at 44.45%
  • INTEREST COVERAGE RATIO(Q) Lowest at 504.49
  • DEBT-EQUITY RATIO (HY) Highest at 145.16 %
2
With ROE of 10.44%, it has a very expensive valuation with a 3.82 Price to Book Value
  • Over the past year, while the stock has generated a return of 19.65%, its profits have risen by 7.3% ; the PEG ratio of the company is 5
  • At the current price, the company has a high dividend yield of 0.6
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Zhejiang Meili High Technology Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Industrial Manufacturing should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Zhejiang Meili High Technology Co., Ltd. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Zhejiang Meili High Technology Co., Ltd.
8.4%
4.57
52.70%
China Shanghai Composite
3.23%
1.20
14.07%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
22.10%
EBIT Growth (5y)
20.28%
EBIT to Interest (avg)
3.35
Debt to EBITDA (avg)
4.29
Net Debt to Equity (avg)
0.35
Sales to Capital Employed (avg)
0.90
Tax Ratio
9.14%
Dividend Payout Ratio
21.70%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.62%
ROE (avg)
4.59%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
36
Industry P/E
Price to Book Value
3.78
EV to EBIT
39.79
EV to EBITDA
25.79
EV to Capital Employed
2.20
EV to Sales
3.21
PEG Ratio
4.93
Dividend Yield
0.55%
ROCE (Latest)
5.54%
ROE (Latest)
10.44%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

28What is working for the Company
ROCE(HY)

Highest at 14.68%

CASH AND EQV(HY)

Highest at CNY 948.05 MM

DEBTORS TURNOVER RATIO(HY)

Highest at 3.25 times

NET SALES(Q)

Highest at CNY 1,638.58 MM

OPERATING PROFIT(Q)

Highest at CNY 185.53 MM

PRE-TAX PROFIT(Q)

Highest at CNY 119.02 MM

NET PROFIT(Q)

Highest at CNY 98.28 MM

EPS(Q)

Highest at CNY 0.47

-20What is not working for the Company
OPERATING CASH FLOW(Y)

Lowest at CNY 54.78 MM

RAW MATERIAL COST(Y)

Grown by 14.27% (YoY

DEBT-EQUITY RATIO (HY)

Highest at 145.84 %

INTEREST(Q)

Highest at CNY 14.73 MM

Here's what is working for Zhejiang Meili High Technology Co., Ltd.

Net Sales
At CNY 1,638.58 MM has Grown at 241.65%
Year on Year (YoY)
MOJO Watch
Near term sales trend is extremely positive

Net Sales (CNY MM)

Pre-Tax Profit
At CNY 119.02 MM has Grown at 129.42%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CNY MM)

Net Profit
At CNY 98.28 MM has Grown at 111.72%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (CNY MM)

Net Sales
Highest at CNY 1,638.58 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Operating Profit
Highest at CNY 185.53 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Pre-Tax Profit
Highest at CNY 119.02 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 98.28 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS
Highest at CNY 0.47
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Cash and Eqv
Highest at CNY 948.05 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Debtors Turnover Ratio
Highest at 3.25 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Here's what is not working for Zhejiang Meili High Technology Co., Ltd.

Operating Cash Flow
Lowest at CNY 54.78 MM and Fallen
In each year in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Interest
At CNY 14.73 MM has Grown at 124.96%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest
Highest at CNY 14.73 MM
in the last five periods and Increased by 124.96% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Debt-Equity Ratio
Highest at 145.84 %
in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Raw Material Cost
Grown by 14.27% (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