Zhejiang Prulde Electric Appliance Co., Ltd.

  • Market Cap: Micro Cap
  • Industry: Electronics & Appliances
  • ISIN: CNE100006236
CNY
20.32
0.37 (1.85%)
  • 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 Prulde Electric Appliance Co., Ltd.

Why is Zhejiang Prulde Electric Appliance Co., Ltd. ?

1
Poor Management Efficiency with a low ROCE of 9.91%
  • The company has been able to generate a Return on Capital Employed (avg) of 9.91% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
  • Poor long term growth as Net Sales has grown by an annual rate of 11.27% and Operating profit at -17.68% over the last 5 years
  • The company is Net-Debt Free
  • The company has been able to generate a Return on Equity (avg) of 8.65% signifying low profitability per unit of shareholders funds
3
Negative results in Mar 26
  • INTEREST(HY) At CNY 1.72 MM has Grown at 11.75%
  • DEBT-EQUITY RATIO (HY) Highest at -26.58 %
  • RAW MATERIAL COST(Y) Grown by 6.08% (YoY)
4
With ROE of 5.04%, it has a attractive valuation with a 0.60 Price to Book Value
  • Over the past year, while the stock has generated a return of -7.19%, its profits have risen by 12.3%
5
Below par performance in long term as well as near term
  • Along with generating -7.19% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Zhejiang Prulde Electric Appliance Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Electronics & Appliances should be less than 30%

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

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

Is Zhejiang Prulde Electric Appliance Co., Ltd. for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Zhejiang Prulde Electric Appliance Co., Ltd.
-9.53%
-0.06
42.21%
China Shanghai Composite
0.9%
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)
11.27%
EBIT Growth (5y)
-17.68%
EBIT to Interest (avg)
14.45
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.35
Sales to Capital Employed (avg)
0.65
Tax Ratio
10.57%
Dividend Payout Ratio
50.81%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.72%
ROE (avg)
8.65%
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
27
Industry P/E
Price to Book Value
1.37
EV to EBIT
29.16
EV to EBITDA
17.27
EV to Capital Employed
1.50
EV to Sales
1.50
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
5.16%
ROE (Latest)
5.04%
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 Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bearish
No Trend
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

12What is working for the Company
INTEREST COVERAGE RATIO(Q)

Highest at 4,748.52

RAW MATERIAL COST(Y)

Fallen by -0.65% (YoY

NET SALES(Q)

Highest at CNY 333.47 MM

OPERATING PROFIT(Q)

Highest at CNY 42.2 MM

OPERATING PROFIT MARGIN(Q)

Highest at 12.65 %

-10What is not working for the Company
INTEREST(HY)

At CNY 1.71 MM has Grown at 40.54%

OPERATING CASH FLOW(Y)

Lowest at CNY 54.63 MM

Here's what is working for Zhejiang Prulde Electric Appliance Co., Ltd.

Net Sales
At CNY 333.47 MM has Grown at 42.92%
Year on Year (YoY)
MOJO Watch
Near term sales trend is very positive

Net Sales (CNY MM)

Interest Coverage Ratio
Highest at 4,748.52
in the last five periods
MOJO Watch
The company's ability to manage interest payments is improving

Operating Profit to Interest

Net Sales
Highest at CNY 333.47 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Operating Profit
Highest at CNY 42.2 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Operating Profit Margin
Highest at 12.65 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

Raw Material Cost
Fallen by -0.65% (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 Prulde Electric Appliance Co., Ltd.

Interest
At CNY 1.71 MM has Grown at 40.54%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Operating Cash Flow
Lowest at CNY 54.63 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)

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