Zhejiang Weixing New Building Materials Co., Ltd.

  • Market Cap: Large Cap
  • Industry: Miscellaneous
  • ISIN: CNE100000MK9
  • SHE: 002372
CNY
8.18
-0.01 (-0.12%)
  • 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 -0.51% and Operating profit at -9.32% over the last 5 years
2
The company has declared negative results for the last 9 consecutive quarters
  • INTEREST(HY) At CNY 0.92 MM has Grown at 21.83%
  • OPERATING CASH FLOW(Y) Lowest at CNY 1,234.79 MM
  • NET PROFIT(HY) At CNY 330.76 MM has Grown at -25.3%
3
Consistent Underperformance against the benchmark over the last 3 years
  • Along with generating -18.10% 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.
-20.12%
-1.71
27.96%
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)
-0.51%
EBIT Growth (5y)
-9.32%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.47
Sales to Capital Employed (avg)
1.18
Tax Ratio
19.37%
Dividend Payout Ratio
95.48%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
44.53%
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
17
Industry P/E
Price to Book Value
2.60
EV to EBIT
13.91
EV to EBITDA
11.70
EV to Capital Employed
3.93
EV to Sales
2.03
PEG Ratio
NA
Dividend Yield
5.51%
ROCE (Latest)
28.27%
ROE (Latest)
14.96%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly 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

4What is working for the Company
RAW MATERIAL COST(Y)

Fallen by -3.27% (YoY

NET PROFIT(Q)

Highest at CNY 270.43 MM

EPS(Q)

Highest at CNY 0.17

-14What is not working for the Company
INTEREST(HY)

At CNY 0.92 MM has Grown at 99.96%

NET SALES(9M)

At CNY 3,911.9 MM has Grown at -14.43%

OPERATING CASH FLOW(Y)

Lowest at CNY 1,022.83 MM

DEBT-EQUITY RATIO (HY)

Highest at -38.91 %

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

Net Profit
Highest at CNY 270.43 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (CNY MM)

Net Profit
At CNY 270.43 MM has Grown at 72.02%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS
Highest at CNY 0.17
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Raw Material Cost
Fallen by -3.27% (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 0.92 MM has Grown at 99.96%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Net Sales
At CNY 3,911.9 MM has Grown at -14.43%
Year on Year (YoY)
MOJO Watch
Near term sales trend is very negative

Net Sales (CNY MM)

Operating Cash Flow
Lowest at CNY 1,022.83 MM
in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Debt-Equity Ratio
Highest at -38.91 %
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