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 Industrial Manufacturing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Zhejiang Tongxing Technology Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Zhejiang Tongxing Technology Co., Ltd.
83.54%
2.10
54.30%
China Shanghai Composite
16.78%
1.40
13.75%
Quality key factors
Factor
Value
Sales Growth (5y)
17.82%
EBIT Growth (5y)
1.98%
EBIT to Interest (avg)
61.93
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.31
Sales to Capital Employed (avg)
0.79
Tax Ratio
12.27%
Dividend Payout Ratio
18.60%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
15.99%
ROE (avg)
13.08%
Valuation Key Factors 
Factor
Value
P/E Ratio
17
Industry P/E
Price to Book Value
1.15
EV to EBIT
13.77
EV to EBITDA
10.64
EV to Capital Employed
1.18
EV to Sales
1.02
PEG Ratio
NA
Dividend Yield
0.15%
ROCE (Latest)
8.56%
ROE (Latest)
6.91%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
Technical Movement
4What is working for the Company
NET SALES(HY)
At CNY 715.76 MM has Grown at 20.67%
-19What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at CNY -82.74 MM
INTEREST(9M)
At CNY 1.43 MM has Grown at 20.05%
ROCE(HY)
Lowest at 7.25%
PRE-TAX PROFIT(Q)
At CNY 22.81 MM has Fallen at -42.57%
NET PROFIT(Q)
At CNY 21.63 MM has Fallen at -39.73%
RAW MATERIAL COST(Y)
Grown by 8.94% (YoY
DEBT-EQUITY RATIO
(HY)
Highest at -14.17 %
OPERATING PROFIT(Q)
Lowest at CNY 23.95 MM
Here's what is working for Zhejiang Tongxing Technology Co., Ltd.
Net Sales
At CNY 715.76 MM has Grown at 20.67%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Here's what is not working for Zhejiang Tongxing Technology Co., Ltd.
Interest
At CNY 1.43 MM has Grown at 20.05%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Operating Cash Flow
Lowest at CNY -82.74 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)
Pre-Tax Profit
At CNY 22.81 MM has Fallen at -42.57%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (CNY MM)
Net Profit
At CNY 21.63 MM has Fallen at -39.73%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Operating Profit
Lowest at CNY 23.95 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (CNY MM)
Debt-Equity Ratio
Highest at -14.17 %
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
Raw Material Cost
Grown by 8.94% (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






