Zhejiang Oceanking Development Co., Ltd. () Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Zhejiang Oceanking Development Co., Ltd.

Why is Zhejiang Oceanking Development Co., Ltd. ?

Poor long term growth as Net Sales has grown by an annual rate of 6.00% and Operating profit at -35.80% over the last 5 years

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

ROCE(HY) Lowest at 9.23%
INTEREST(Q) At CNY 6.57 MM has Grown at 17.61%
INTEREST COVERAGE RATIO(Q) Lowest at 759.56

With ROE of 7.25%, it has a expensive valuation with a 1.11 Price to Book Value

Over the past year, while the stock has generated a return of 31.14%, its profits have fallen by -49.6%

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 Specialty Chemicals)

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

Is Zhejiang Oceanking Development Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Zhejiang Oceanking Development Co., Ltd.

31.14%

1.69

36.20%

China Shanghai Composite

15.44%

1.06

14.51%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

6.00%

EBIT Growth (5y)

-35.80%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

0.79

Net Debt to Equity (avg)

0.33

Sales to Capital Employed (avg)

1.02

Tax Ratio

22.31%

Dividend Payout Ratio

60.30%

Pledged Shares

Institutional Holding

ROCE (avg)

23.23%

ROE (avg)

18.13%

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

1.11

EV to EBIT

14.93

EV to EBITDA

8.29

EV to Capital Employed

1.08

EV to Sales

0.92

PEG Ratio

Dividend Yield

ROCE (Latest)

7.23%

ROE (Latest)

7.25%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

Mildly 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

10What is working for the Company

NET SALES(Q)

At CNY 584.46 MM has Grown at 48.98%

DEBTORS TURNOVER RATIO(HY)

Highest at 8.16%

-34What is not working for the Company

ROCE(HY)

Lowest at 9.23%

INTEREST(Q)

At CNY 6.57 MM has Grown at 17.61%

INTEREST COVERAGE RATIO(Q)

Lowest at 759.56

OPERATING PROFIT MARGIN(Q)

Lowest at 8.54 %

RAW MATERIAL COST(Y)

Grown by 37.66% (YoY

OPERATING PROFIT(Q)

Lowest at CNY 49.93 MM

PRE-TAX PROFIT(Q)

Lowest at CNY 44.12 MM

NET PROFIT(Q)

Fallen at -26.79%

EPS(Q)

Lowest at CNY 0.08

Here's what is working for Zhejiang Oceanking Development Co., Ltd.

Net Sales

At CNY 584.46 MM has Grown at 48.98%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very positive

Net Sales (CNY MM)

Debtors Turnover Ratio

Highest at 8.16%

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 Oceanking Development Co., Ltd.

Interest

At CNY 6.57 MM has Grown at 17.61%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest Coverage Ratio

Lowest at 759.56

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Profit Margin

Lowest at 8.54 % and Fallen

In each period in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Operating Profit

Lowest at CNY 49.93 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Pre-Tax Profit

Lowest at CNY 44.12 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (CNY MM)

Pre-Tax Profit

Fallen at -26.78%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (CNY MM)

Net Profit

Lowest at CNY 33.08 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (CNY MM)

Net Profit

Fallen at -26.79%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is negative

Net Profit (CNY MM)

EPS

Lowest at CNY 0.08

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (CNY)

Raw Material Cost

Grown by 37.66% (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