Zhejiang Weixing New Building Materials Co., Ltd.

  • Market Cap: Large Cap
  • Industry: Miscellaneous
  • ISIN: CNE100000MK9
CNY
10.92
0.5 (4.8%)
  • 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 New Building Materials Co., Ltd.

Why is Zhejiang Weixing New Building Materials Co., Ltd. ?

1
Poor long term growth as Net Sales has grown by an annual rate of 4.23% and Operating profit at -4.11% over the last 5 years
2
The company has declared Negative results for the last 5 consecutive quarters
  • INTEREST(HY) At CNY 0.47 MM has Grown at 48.34%
  • OPERATING CASH FLOW(Y) Lowest at CNY 1,351.94 MM
  • NET SALES(HY) At CNY 2,471.75 MM has Grown at -10.96%
3
With ROE of 19.41%, it has a very attractive valuation with a 3.49 Price to Book Value
  • Over the past year, while the stock has generated a return of -15.15%, its profits have fallen by -32.1%
  • At the current price, the company has a high dividend yield of 5
4
Consistent Underperformance against the benchmark over the last 3 years
  • Along with generating -15.15% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in each of the last 3 annual periods
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Zhejiang Weixing New Building Materials 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 New Building Materials Co., Ltd. for you?

Medium Risk, Low Return

Absolute
Risk Adjusted
Volatility
Zhejiang Weixing New Building Materials Co., Ltd.
-11.29%
-1.35
27.13%
China Shanghai Composite
15.17%
1.02
14.86%
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)
4.23%
EBIT Growth (5y)
-4.11%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.47
Sales to Capital Employed (avg)
1.24
Tax Ratio
16.05%
Dividend Payout Ratio
98.99%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
49.82%
ROE (avg)
23.96%
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
18
Industry P/E
Price to Book Value
3.49
EV to EBIT
14.87
EV to EBITDA
12.51
EV to Capital Employed
5.38
EV to Sales
2.36
PEG Ratio
NA
Dividend Yield
4.99%
ROCE (Latest)
36.19%
ROE (Latest)
19.41%
stock-recommendationTechnicals

Technical key factors

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

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

2What is working for the Company
RAW MATERIAL COST(Y)

Fallen by -2.64% (YoY

INVENTORY TURNOVER RATIO(HY)

Highest at 3.97 times

-17What is not working for the Company
INTEREST(HY)

At CNY 0.47 MM has Grown at 48.34%

OPERATING CASH FLOW(Y)

Lowest at CNY 1,351.94 MM

NET SALES(HY)

At CNY 2,471.75 MM has Grown at -10.96%

DEBTORS TURNOVER RATIO(HY)

Lowest at 9.4 times

Here's what is working for Zhejiang Weixing New Building Materials Co., Ltd.

Inventory Turnover Ratio
Highest at 3.97 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Raw Material Cost
Fallen by -2.64% (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 Weixing New Building Materials Co., Ltd.

Interest
At CNY 0.47 MM has Grown at 48.34%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Operating Cash Flow
Lowest at CNY 1,351.94 MM and Fallen
In each year in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Net Sales
At CNY 2,471.75 MM has Grown at -10.96%
Year on Year (YoY)
MOJO Watch
Near term sales trend is negative

Net Sales (CNY MM)

Debtors Turnover Ratio
Lowest at 9.4 times and Fallen
In each half year in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio