Zhejiang Qianjiang Motorcycle Co., Ltd.

  • Market Cap: Mid Cap
  • Industry: Automobiles
  • ISIN: CNE000000YQ2
  • SHE: 000913
CNY
10.79
0.03 (0.28%)
  • 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 Qianjiang Motorcycle Co., Ltd.

Why is Zhejiang Qianjiang Motorcycle Co., Ltd. ?

1
Poor long term growth as Net Sales has grown by an annual rate of 5.10% and Operating profit at 14.43% over the last 5 years
2
With a fall in Net Sales of -15.98%, the company declared Very Negative results in Mar 26
  • OPERATING CASH FLOW(Y) Lowest at CNY -471.87 MM
  • NET SALES(Q) At CNY 1,023.03 MM has Fallen at -15.98%
  • INTEREST(Q) At CNY 4.85 MM has Grown at 27.86%
3
Consistent Underperformance against the benchmark over the last 3 years
  • Along with generating -36.51% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in each of the last 3 annual periods
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Zhejiang Qianjiang Motorcycle Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Automobiles should be less than 30%

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

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

Is Zhejiang Qianjiang Motorcycle Co., Ltd. for you?

Medium Risk, Low Return

Absolute
Risk Adjusted
Volatility
Zhejiang Qianjiang Motorcycle Co., Ltd.
-37.01%
-1.15
33.34%
China Shanghai Composite
3.23%
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)
5.10%
EBIT Growth (5y)
14.43%
EBIT to Interest (avg)
86.03
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.68
Sales to Capital Employed (avg)
0.77
Tax Ratio
21.89%
Dividend Payout Ratio
59.28%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
17.02%
ROE (avg)
10.05%
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
7
Industry P/E
Price to Book Value
1.03
EV to EBIT
42.87
EV to EBITDA
17.93
EV to Capital Employed
1.04
EV to Sales
0.76
PEG Ratio
0.19
Dividend Yield
10.61%
ROCE (Latest)
2.42%
ROE (Latest)
15.76%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bullish
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

4What is working for the Company
NET PROFIT(9M)

Higher at CNY 759.52 MM

NET SALES(Q)

Highest at CNY 1,702.75 MM

-11What is not working for the Company
NET PROFIT(HY)

At CNY 104.09 MM has Grown at -61.37%

OPERATING CASH FLOW(Y)

Lowest at CNY -114.33 MM

INVENTORY TURNOVER RATIO(HY)

Lowest at 2.67 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 5.6 times

PRE-TAX PROFIT(Q)

Fallen at -27.34%

Here's what is working for Zhejiang Qianjiang Motorcycle Co., Ltd.

Net Sales
Highest at CNY 1,702.75 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Here's what is not working for Zhejiang Qianjiang Motorcycle Co., Ltd.

Net Profit
At CNY 104.09 MM has Grown at -61.37%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (CNY MM)

Operating Cash Flow
Lowest at CNY -114.33 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)

Pre-Tax Profit
Fallen at -27.34%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (CNY MM)

Inventory Turnover Ratio
Lowest at 2.67 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Debtors Turnover Ratio
Lowest at 5.6 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

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