Why is Zhejiang Qianjiang Motorcycle Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 8.96% and Operating profit at 3.75% over the last 5 years
2
With a fall in Net Sales of -18.67%, the company declared Very Negative results in Sep 25
- The company has declared negative results in Mar 25 after 3 consecutive negative quarters
- NET SALES(Q) At CNY 1,353.09 MM has Fallen at -18.67%
- INTEREST(Q) At CNY 5.69 MM has Grown at 39.39%
- RAW MATERIAL COST(Y) Grown by 9.25% (YoY)
3
Below par performance in long term as well as near term
- Along with generating -20.51% 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 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 Automobiles)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Zhejiang Qianjiang Motorcycle Co., Ltd. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Zhejiang Qianjiang Motorcycle Co., Ltd.
-18.9%
-0.53
30.58%
China Shanghai Composite
15.17%
1.02
14.86%
Quality key factors
Factor
Value
Sales Growth (5y)
8.96%
EBIT Growth (5y)
3.75%
EBIT to Interest (avg)
89.47
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.68
Sales to Capital Employed (avg)
0.82
Tax Ratio
2.79%
Dividend Payout Ratio
60.25%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
17.04%
ROE (avg)
10.05%
Valuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
Price to Book Value
1.82
EV to EBIT
24.82
EV to EBITDA
15.15
EV to Capital Employed
2.98
EV to Sales
1.10
PEG Ratio
1.29
Dividend Yield
7.62%
ROCE (Latest)
12.02%
ROE (Latest)
12.41%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Sideways
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
0What is working for the Company
NO KEY POSITIVE TRIGGERS
-35What is not working for the Company
NET SALES(Q)
At CNY 1,353.09 MM has Fallen at -18.67%
INTEREST(Q)
At CNY 5.69 MM has Grown at 39.39%
RAW MATERIAL COST(Y)
Grown by 9.25% (YoY
DEBT-EQUITY RATIO
(HY)
Highest at -49.3 %
DEBTORS TURNOVER RATIO(HY)
Lowest at 7.34 times
PRE-TAX PROFIT(Q)
Lowest at CNY 45.89 MM
NET PROFIT(Q)
Lowest at CNY 46.99 MM
EPS(Q)
Lowest at CNY 0.1
Here's what is not working for Zhejiang Qianjiang Motorcycle Co., Ltd.
Pre-Tax Profit
At CNY 45.89 MM has Fallen at -67.84%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (CNY MM)
Net Profit
At CNY 46.99 MM has Fallen at -61.41%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Net Sales
At CNY 1,353.09 MM has Fallen at -18.67%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (CNY MM)
Interest
At CNY 5.69 MM has Grown at 39.39%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Pre-Tax Profit
Lowest at CNY 45.89 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (CNY MM)
Net Profit
Lowest at CNY 46.99 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)
EPS
Lowest at CNY 0.1
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (CNY)
Debt-Equity Ratio
Highest at -49.3 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Debtors Turnover Ratio
Lowest at 7.34 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Raw Material Cost
Grown by 9.25% (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






