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Zhejiang Weixing Industrial Development Co., Ltd.

  • Market Cap: Large Cap
  • Industry: Miscellaneous
  • ISIN: CNE000001JH0
  • SHE: 002003
CNY
11.29
-0.14 (-1.22%)

Sep 22

SHE

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  • 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 Weixing Industrial Development Co., Ltd.

Why is Zhejiang Weixing Industrial Development Co., Ltd. ?

1
Poor long term growth as Net Sales has grown by an annual rate of 13.06% and Operating profit at 16.75% over the last 5 years
2
Flat results in Mar 26
  • ROCE(HY) Lowest at 13.94%
  • INTEREST COVERAGE RATIO(Q) Lowest at 1,773.62
  • OPERATING PROFIT(Q) Lowest at CNY 125.28 MM
3
With ROE of 13.71%, it has a attractive valuation with a 1.98 Price to Book Value
  • Over the past year, while the stock has generated a return of -20.76%, its profits have fallen by -12.2%
  • At the current price, the company has a high dividend yield of 5.6
4
Below par performance in long term as well as near term
  • Along with generating -20.76% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Zhejiang Weixing Industrial Development Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Miscellaneous should be less than 30%

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

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

Is Zhejiang Weixing Industrial Development Co., Ltd. for you?

Low Risk, Low Return

Absolute
Risk Adjusted
Volatility
Zhejiang Weixing Industrial Development Co., Ltd.
9.4%
-1.40
22.21%
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)
13.06%
EBIT Growth (5y)
16.75%
EBIT to Interest (avg)
23.31
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.04
Sales to Capital Employed (avg)
0.82
Tax Ratio
15.57%
Dividend Payout Ratio
89.32%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
17.85%
ROE (avg)
15.69%
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
16
Industry P/E
Price to Book Value
2.14
EV to EBIT
12.61
EV to EBITDA
9.52
EV to Capital Employed
2.16
EV to Sales
2.03
PEG Ratio
NA
Dividend Yield
5.19%
ROCE (Latest)
17.16%
ROE (Latest)
13.71%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

8What is working for the Company
INTEREST COVERAGE RATIO(Q)

Highest at 7,032.24

RAW MATERIAL COST(Y)

Fallen by 1.12% (YoY

NET SALES(Q)

Highest at CNY 1,619.22 MM

OPERATING PROFIT(Q)

Highest at CNY 477.72 MM

PRE-TAX PROFIT(Q)

Highest at CNY 372.17 MM

NET PROFIT(Q)

Highest at CNY 320.06 MM

EPS(Q)

Highest at CNY 0.27

-1What is not working for the Company
DEBT-EQUITY RATIO (HY)

Highest at 5.28 %

Here's what is working for Zhejiang Weixing Industrial Development Co., Ltd.

Interest Coverage Ratio
Highest at 7,032.24
in the last five periods
MOJO Watch
The company's ability to manage interest payments is improving

Operating Profit to Interest

Net Sales
Highest at CNY 1,619.22 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Operating Profit
Highest at CNY 477.72 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Pre-Tax Profit
Highest at CNY 372.17 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Net Profit
Highest at CNY 320.06 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS
Highest at CNY 0.27
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Raw Material Cost
Fallen by 1.12% (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

Depreciation
Highest at CNY 93.75 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (CNY MM)

Depreciation
At CNY 93.75 MM has Grown at inf%
period on period (QoQ)
MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (CNY MM)

Here's what is not working for Zhejiang Weixing Industrial Development Co., Ltd.

Debt-Equity Ratio
Highest at 5.28 %
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

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