ScoreWhy is Zhonghang Electronic Measuring Instruments Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 111.28% and Operating profit at 72.89% over the last 5 years
2
The company has declared Positive results for the last 7 consecutive quarters
- NET PROFIT(HY) At CNY 1,455.9 MM has Grown at 779.44%
- NET SALES(Q) At CNY 5,946.01 MM has Grown at 80.43%
- RAW MATERIAL COST(Y) Fallen by -7.66% (YoY)
3
With ROE of 16.37%, it has a fair valuation with a 1.56 Price to Book Value
- Over the past year, while the stock has generated a return of -29.90%, its profits have risen by 382.2%
- At the current price, the company has a high dividend yield of 0.5
4
Below par performance in long term as well as near term
- Along with generating -29.90% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
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 Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Zhonghang Electronic Measuring Instruments Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Zhonghang Electronic Measuring Instruments Co., Ltd.
-29.62%
1.27
39.24%
China Shanghai Composite
3.23%
1.20
14.07%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
111.28%
EBIT Growth (5y)
72.89%
EBIT to Interest (avg)
49.34
Debt to EBITDA (avg)
0.77
Net Debt to Equity (avg)
-1.03
Sales to Capital Employed (avg)
0.91
Tax Ratio
16.47%
Dividend Payout Ratio
78.55%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.56%
ROE (avg)
8.39%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
43
Industry P/E
Price to Book Value
7.12
EV to EBIT
36.41
EV to EBITDA
24.38
EV to Capital Employed
9.15
EV to Sales
1.89
PEG Ratio
NA
Dividend Yield
0.07%
ROCE (Latest)
25.13%
ROE (Latest)
16.37%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
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 Trend11What is working for the Company
NET SALES(9M)
At CNY 42,240 MM has Grown at 98.37%
OPERATING CASH FLOW(Y)
Highest at CNY -2,104.61 MM
NET PROFIT(9M)
At CNY 1,972.23 MM has Grown at 150.16%
RAW MATERIAL COST(Y)
Fallen by -43.12% (YoY
-15What is not working for the Company
INTEREST(9M)
At CNY 150.54 MM has Grown at 94.36%
NET SALES(Q)
At CNY 9,221.2 MM has Fallen at -46.98%
PRE-TAX PROFIT(Q)
Fallen at -33.13%
NET PROFIT(Q)
Fallen at -31.73%
Here's what is working for Zhonghang Electronic Measuring Instruments Co., Ltd.
Operating Cash Flow
Highest at CNY -2,104.61 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Raw Material Cost
Fallen by -43.12% (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
Here's what is not working for Zhonghang Electronic Measuring Instruments Co., Ltd.
Interest
At CNY 150.54 MM has Grown at 94.36%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Net Sales
At CNY 9,221.2 MM has Fallen at -46.98%
Year on Year (YoY)MOJO Watch
Near term sales trend is extremely negative
Net Sales (CNY MM)
Pre-Tax Profit
Fallen at -33.13%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (CNY MM)
Net Profit
Fallen at -31.73%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)
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