Why is Zhejiang Tongxing Technology Co., Ltd. ?
1
Negative results in Mar 25
- OPERATING PROFIT(Q) Lowest at CNY 21.84 MM
- RAW MATERIAL COST(Y) Grown by 19.19% (YoY)
- OPERATING PROFIT MARGIN(Q) Lowest at 7.41 %
2
With ROE of 9.27%, it has a attractive valuation with a 1.09 Price to Book Value
- Over the past year, while the stock has generated a return of 38.15%, its profits have fallen by -3.9%
- At the current price, the company has a high dividend yield of 0.2
3
Market Beating Performance
- The stock has generated a return of 38.15% in the last 1 year, much higher than market (China Shanghai Composite) returns of 15.18%
How much should you hold?
- Overall Portfolio exposure to Zhejiang Tongxing Technology Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Industrial Manufacturing should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Zhejiang Tongxing Technology Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Zhejiang Tongxing Technology Co., Ltd.
-100.0%
0.44
67.67%
China Shanghai Composite
15.19%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
13.05%
EBIT Growth (5y)
-11.68%
EBIT to Interest (avg)
61.93
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.31
Sales to Capital Employed (avg)
0.84
Tax Ratio
12.27%
Dividend Payout Ratio
15.77%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
15.99%
ROE (avg)
13.08%
Valuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
1.09
EV to EBIT
10.71
EV to EBITDA
7.93
EV to Capital Employed
1.12
EV to Sales
0.92
PEG Ratio
NA
Dividend Yield
0.25%
ROCE (Latest)
10.50%
ROE (Latest)
9.27%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
1What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 1.85%
-4What is not working for the Company
OPERATING PROFIT(Q)
Lowest at CNY 21.84 MM
RAW MATERIAL COST(Y)
Grown by 19.19% (YoY
OPERATING PROFIT MARGIN(Q)
Lowest at 7.41 %
Here's what is working for Zhejiang Tongxing Technology Co., Ltd.
Debtors Turnover Ratio
Highest at 1.85%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Zhejiang Tongxing Technology Co., Ltd.
Operating Profit
Lowest at CNY 21.84 MM and Fallen
In each period in the last five periodsMOJO Watch
Near term Operating Profit trend is quite negative
Operating Profit (CNY MM)
Operating Profit Margin
Lowest at 7.41 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Raw Material Cost
Grown by 19.19% (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
Non Operating Income
Highest at CNY 0.46 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






