Zhejiang Qianjiang Motorcycle Co., Ltd. (000913) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

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. ?

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

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%

Below par performance in long term as well as near term

Along with generating -25.44% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months

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 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?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Zhejiang Qianjiang Motorcycle Co., Ltd.

-28.63%

-1.05

34.06%

China Shanghai Composite

21.43%

1.55

13.83%

Quality

Management Risk

Growth

Capital Structure

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)

89.47

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.68

Sales to Capital Employed (avg)

0.78

Tax Ratio

2.79%

Dividend Payout Ratio

59.28%

Pledged Shares

Institutional Holding

ROCE (avg)

17.04%

ROE (avg)

10.05%

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

1.08

EV to EBIT

45.99

EV to EBITDA

19.23

EV to Capital Employed

1.11

EV to Sales

0.82

PEG Ratio

0.20

Dividend Yield

10.10%

ROCE (Latest)

2.42%

ROE (Latest)

15.76%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bullish

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

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

11What is working for the Company

NET PROFIT(HY)

Higher at CNY 616.66 MM

ROCE(HY)

Highest at 16.68%

RAW MATERIAL COST(Y)

Fallen by -15.12% (YoY

-32What is not working for the Company

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%

DEBT-EQUITY RATIO (HY)

Highest at -30.51 %

INVENTORY TURNOVER RATIO(HY)

Lowest at 2.6 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 6.66 times

OPERATING PROFIT(Q)

Lowest at CNY -46.59 MM

OPERATING PROFIT MARGIN(Q)

Lowest at -4.55 %

PRE-TAX PROFIT(Q)

Lowest at CNY -40.44 MM

NET PROFIT(Q)

Lowest at CNY -38.77 MM

EPS(Q)

Lowest at CNY -0.07

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

Raw Material Cost

Fallen by -15.12% (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 Qianjiang Motorcycle Co., Ltd.

Pre-Tax Profit

At CNY -40.44 MM has Fallen at -141.73%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY -38.77 MM has Fallen at -144.67%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Net Sales

At CNY 1,023.03 MM has Fallen at -15.98%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very negative

Net Sales (CNY MM)

Interest

At CNY 4.85 MM has Grown at 27.86%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Operating Cash Flow

Lowest at CNY -471.87 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Operating Profit

Lowest at CNY -46.59 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin

Lowest at -4.55 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Pre-Tax Profit

Lowest at CNY -40.44 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (CNY MM)

Net Profit

Lowest at CNY -38.77 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (CNY MM)

EPS

Lowest at CNY -0.07

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (CNY)

Debt-Equity Ratio

Highest at -30.51 %

in the last five Semi-Annual periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Inventory Turnover Ratio

Lowest at 2.6 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 6.66 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio