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
How much should you hold?
- Overall Portfolio exposure to Zhejiang Prulde Electric Appliance Co., Ltd. should be less than 10%
- 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%
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%
Valuation Key Factors 
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%
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
Technical Movement
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 periodsMOJO 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 periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Operating Profit
Highest at CNY 42.2 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (CNY MM)
Operating Profit Margin
Highest at 12.65 %
in the last five periodsMOJO 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 periodMOJO 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 yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Footer loading






