Zhejiang VIE Science & Technology Co., Ltd. (002590) 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 VIE Science & Technology Co., Ltd.

Why is Zhejiang VIE Science & Technology Co., Ltd. ?

Flat results in Mar 26

ROCE(HY) Lowest at 7.12%
INTEREST COVERAGE RATIO(Q) Lowest at 1,271.57
OPERATING PROFIT(Q) Lowest at CNY 28.49 MM

With ROE of 7.13%, it has a fair valuation with a 1.89 Price to Book Value

Over the past year, while the stock has generated a return of -27.04%, its profits have fallen by -0.3%
At the current price, the company has a high dividend yield of 1.2

Below par performance in long term as well as near term

Along with generating -27.04% 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 hold?

Overall Portfolio exposure to Zhejiang VIE Science & Technology Co., Ltd. should be less than 10%
Overall Portfolio exposure to Auto Components & Equipments should be less than 30%

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

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

Is Zhejiang VIE Science & Technology Co., Ltd. for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Zhejiang VIE Science & Technology Co., Ltd.

-35.54%

-0.69

35.70%

China Shanghai Composite

3.23%

1.20

14.07%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

12.33%

EBIT Growth (5y)

14.27%

EBIT to Interest (avg)

6.57

Debt to EBITDA (avg)

0.83

Net Debt to Equity (avg)

-0.07

Sales to Capital Employed (avg)

1.20

Tax Ratio

9.53%

Dividend Payout Ratio

20.62%

Pledged Shares

Institutional Holding

ROCE (avg)

3.94%

ROE (avg)

6.06%

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

1.68

EV to EBIT

25.70

EV to EBITDA

13.79

EV to Capital Employed

1.68

EV to Sales

1.04

PEG Ratio

Dividend Yield

0.79%

ROCE (Latest)

6.54%

ROE (Latest)

7.13%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

No Trend

Mildly Bearish

OBV

No Trend

Mildly Bullish

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

5What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 462.97 MM

RAW MATERIAL COST(Y)

Fallen by -2.06% (YoY

DEBTORS TURNOVER RATIO(HY)

Highest at 2.58 times

-6What is not working for the Company

INTEREST COVERAGE RATIO(Q)

Lowest at 2,541.12

INVENTORY TURNOVER RATIO(HY)

Lowest at 4.74 times

INTEREST(Q)

Highest at CNY 4.91 MM

Here's what is working for Zhejiang VIE Science & Technology Co., Ltd.

Operating Cash Flow

Highest at CNY 462.97 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Debtors Turnover Ratio

Highest at 2.58 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by -2.06% (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 VIE Science & Technology Co., Ltd.

Interest

At CNY 4.91 MM has Grown at 119.08%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest Coverage Ratio

Lowest at 2,541.12

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest

Highest at CNY 4.91 MM

in the last five periods and Increased by 119.08% (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Inventory Turnover Ratio

Lowest at 4.74 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio