Why is Zhejiang Xinneng Photovoltaic Technology Co., Ltd. ?
1
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Net Sales has grown by an annual rate of 9.63% and Operating profit at 28.37% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 8.61% signifying low profitability per unit of shareholders funds
2
Flat results in Sep 25
- ROCE(HY) Lowest at 8.69%
- DEBTORS TURNOVER RATIO(HY) Lowest at 1.98 times
- OPERATING PROFIT MARGIN(Q) Lowest at 52.92 %
3
With ROE of 8.87%, it has a very expensive valuation with a 2.07 Price to Book Value
- Over the past year, while the stock has generated a return of 18.06%, its profits have fallen by -9.5%
- At the current price, the company has a high dividend yield of 2.2
How 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?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Zhejiang Xinneng Photovoltaic Technology Co., Ltd.
38.98%
-0.19
28.80%
China Shanghai Composite
17.07%
1.58
14.20%
Quality key factors
Factor
Value
Sales Growth (5y)
9.63%
EBIT Growth (5y)
28.37%
EBIT to Interest (avg)
3.04
Debt to EBITDA (avg)
3.42
Net Debt to Equity (avg)
0.70
Sales to Capital Employed (avg)
0.17
Tax Ratio
19.30%
Dividend Payout Ratio
51.65%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.53%
ROE (avg)
8.61%
Valuation Key Factors 
Factor
Value
P/E Ratio
23
Industry P/E
Price to Book Value
2.07
EV to EBIT
18.97
EV to EBITDA
11.49
EV to Capital Employed
1.61
EV to Sales
8.76
PEG Ratio
NA
Dividend Yield
2.20%
ROCE (Latest)
8.48%
ROE (Latest)
8.87%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
Technical Movement
4What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 425.02 MM
RAW MATERIAL COST(Y)
Fallen by -1.42% (YoY
CASH AND EQV(HY)
Highest at CNY 949.02 MM
-4What is not working for the Company
ROCE(HY)
Lowest at 8.69%
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.98 times
OPERATING PROFIT MARGIN(Q)
Lowest at 52.92 %
Here's what is working for Zhejiang Xinneng Photovoltaic Technology Co., Ltd.
Operating Cash Flow
Highest at CNY 425.02 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Cash and Eqv
Highest at CNY 949.02 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -1.42% (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 Xinneng Photovoltaic Technology Co., Ltd.
Operating Profit Margin
Lowest at 52.92 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Debtors Turnover Ratio
Lowest at 1.98 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






