ScoreWhy is Zhejiang Xinneng Photovoltaic Technology Co., Ltd. ?
1
Poor Management Efficiency with a low ROCE of 7.53%
- The company has been able to generate a Return on Capital Employed (avg) of 7.53% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
- Poor long term growth as Net Sales has grown by an annual rate of 11.32% and Operating profit at 18.49% over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 8.61% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of 11.32% and Operating profit at 18.49% over the last 5 years
4
With a fall in Net Sales of -8.54%, the company declared Very Negative results in Jun 26
- The company has declared negative results for the last 2 consecutive quarters
- PRE-TAX PROFIT(Q) At CNY 37.33 MM has Fallen at -59.85%
- NET PROFIT(Q) At CNY 21.85 MM has Fallen at -71.91%
- NET SALES(HY) At CNY 323.63 MM has Grown at -10.5%
5
With ROE of 7.70%, it has a very expensive valuation with a 1.51 Price to Book Value
- Over the past year, while the stock has generated a return of -7.88%, its profits have fallen by -7.6%
- At the current price, the company has a high dividend yield of 2.9
Real-Time Research ReportHow 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 Power)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Zhejiang Xinneng Photovoltaic Technology Co., Ltd. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Zhejiang Xinneng Photovoltaic Technology Co., Ltd.
-2.96%
-0.50
44.93%
China Shanghai Composite
3.23%
0.23
14.72%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
11.32%
EBIT Growth (5y)
18.49%
EBIT to Interest (avg)
3.30
Debt to EBITDA (avg)
3.22
Net Debt to Equity (avg)
0.70
Sales to Capital Employed (avg)
0.17
Tax Ratio
15.07%
Dividend Payout Ratio
49.81%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.08%
ROE (avg)
8.61%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
Price to Book Value
1.51
EV to EBIT
17.69
EV to EBITDA
11.23
EV to Capital Employed
1.29
EV to Sales
7.09
PEG Ratio
NA
Dividend Yield
2.91%
ROCE (Latest)
7.32%
ROE (Latest)
7.70%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend2What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 391.69 MM
-24What is not working for the Company
PRE-TAX PROFIT(Q)
At CNY 37.33 MM has Fallen at -59.85%
NET PROFIT(Q)
At CNY 21.85 MM has Fallen at -71.91%
NET SALES(HY)
At CNY 323.63 MM has Grown at -10.5%
ROCE(HY)
Lowest at 5.44%
RAW MATERIAL COST(Y)
Grown by 28.85% (YoY
DEBT-EQUITY RATIO
(HY)
Highest at 80.95 %
INVENTORY TURNOVER RATIO(HY)
Lowest at 13.96 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.74 times
Here's what is working for Zhejiang Xinneng Photovoltaic Technology Co., Ltd.
Operating Cash Flow
Highest at CNY 391.69 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Here's what is not working for Zhejiang Xinneng Photovoltaic Technology Co., Ltd.
Pre-Tax Profit
At CNY 37.33 MM has Fallen at -59.85%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (CNY MM)
Net Profit
At CNY 21.85 MM has Fallen at -71.91%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Net Sales
At CNY 323.63 MM has Grown at -10.5%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Debt-Equity Ratio
Highest at 80.95 %
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
Inventory Turnover Ratio
Lowest at 13.96 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 1.74 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Raw Material Cost
Grown by 28.85% (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
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