Zhejiang Meilun Elevator Co., Ltd. (603321) 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 Meilun Elevator Co., Ltd.

Why is Zhejiang Meilun Elevator Co., Ltd. ?

Poor Management Efficiency with a low ROCE of 4.00%

The company has been able to generate a Return on Capital Employed (avg) of 4.00% 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 -3.40% and Operating profit at -37.49% over the last 5 years
The company is Net-Debt Free
The company has been able to generate a Return on Equity (avg) of 6.04% signifying low profitability per unit of shareholders funds

Poor long term growth as Net Sales has grown by an annual rate of -3.40% and Operating profit at -37.49% over the last 5 years

The company has declared Negative results for the last 8 consecutive quarters

NET PROFIT(9M) At CNY 19.58 MM has Grown at -43.75%
INTEREST(HY) At CNY 0.32 MM has Grown at 121.06%
NET SALES(9M) At CNY 499.45 MM has Grown at -10.07%

With ROE of 1.84%, it has a expensive valuation with a 1.42 Price to Book Value

Over the past year, while the stock has generated a return of -3.93%, its profits have fallen by -57.9%
At the current price, the company has a high dividend yield of 0.3

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 Building Products)

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

Is Zhejiang Meilun Elevator Co., Ltd. for you?

High Risk, Medium Return

Absolute

Risk Adjusted

Volatility

Zhejiang Meilun Elevator Co., Ltd.

-6.38%

0.28

35.27%

China Shanghai Composite

3.23%

0.23

14.72%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-3.40%

EBIT Growth (5y)

-37.49%

EBIT to Interest (avg)

20.05

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.49

Sales to Capital Employed (avg)

0.56

Tax Ratio

0.06%

Dividend Payout Ratio

50.00%

Pledged Shares

Institutional Holding

ROCE (avg)

3.48%

ROE (avg)

6.04%

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

1.42

EV to EBIT

697.72

EV to EBITDA

59.61

EV to Capital Employed

1.61

EV to Sales

2.41

PEG Ratio

Dividend Yield

0.28%

ROCE (Latest)

0.23%

ROE (Latest)

1.84%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

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

RAW MATERIAL COST(Y)

Fallen by -4.86% (YoY

INVENTORY TURNOVER RATIO(HY)

Highest at 4.85 times

NET SALES(Q)

Highest at CNY 198.87 MM

OPERATING PROFIT(Q)

Highest at CNY 17.92 MM

PRE-TAX PROFIT(Q)

At CNY 12.89 MM has Grown at 96.02%

NET PROFIT(Q)

At CNY 12.58 MM has Grown at 71.84%

-14What is not working for the Company

NET PROFIT(9M)

At CNY 19.58 MM has Grown at -43.75%

INTEREST(HY)

At CNY 0.32 MM has Grown at 121.06%

NET SALES(9M)

At CNY 499.45 MM has Grown at -10.07%

Here's what is working for Zhejiang Meilun Elevator Co., Ltd.

Net Sales

Highest at CNY 198.87 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Net Sales

At CNY 198.87 MM has Grown at 19.06%

over average net sales of the previous four periods of CNY 167.04 MM

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Operating Profit

Highest at CNY 17.92 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Pre-Tax Profit

At CNY 12.89 MM has Grown at 96.02%

over average net sales of the previous four periods of CNY 6.58 MM

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 12.58 MM has Grown at 71.84%

over average net sales of the previous four periods of CNY 7.32 MM

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Inventory Turnover Ratio

Highest at 4.85 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 -4.86% (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 Meilun Elevator Co., Ltd.

Interest

At CNY 0.32 MM has Grown at 121.06%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)