Zhongji Innolight Co., Ltd.

  • Market Cap: Large Cap
  • Industry: Other Electrical Equipment
  • ISIN: CNE100001CY9
CNY
1,312.18
2.17 (0.17%)
  • 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
Zhongji Innolight Co., Ltd.

Why is Zhongji Innolight Co., Ltd. ?

1
With a growth in Net Profit of 262.28%, the company declared Outstanding results in Mar 26
  • The company has declared positive results for the last 18 consecutive quarters
  • OPERATING CASH FLOW(Y) Highest at CNY 12,184.6 MM
  • INTEREST COVERAGE RATIO(Q) The company hardly has any interest cost
  • ROCE(HY) Highest at 53.1%
2
Market Beating performance in long term as well as near term
  • Along with generating 930.77% returns in the last 1 year, the stock has outperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Zhongji Innolight Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Other Electrical Equipment should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Electrical Equipment)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Zhongji Innolight Co., Ltd. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Zhongji Innolight Co., Ltd.
947.65%
13.74
72.49%
China Shanghai Composite
20.18%
1.55
13.83%
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)
48.00%
EBIT Growth (5y)
93.74%
EBIT to Interest (avg)
42.35
Debt to EBITDA (avg)
0.35
Net Debt to Equity (avg)
-0.20
Sales to Capital Employed (avg)
1.04
Tax Ratio
12.04%
Dividend Payout Ratio
14.28%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
17.86%
ROE (avg)
15.31%
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
79
Industry P/E
Price to Book Value
36.02
EV to EBIT
66.73
EV to EBITDA
64.26
EV to Capital Employed
49.83
EV to Sales
24.91
PEG Ratio
0.46
Dividend Yield
0.17%
ROCE (Latest)
74.67%
ROE (Latest)
45.51%
stock-recommendationTechnicals

Technical key factors

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

54What is working for the Company
OPERATING CASH FLOW(Y)

Highest at CNY 12,184.6 MM

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

ROCE(HY)

Highest at 53.1%

NET SALES(Q)

Highest at CNY 19,496.4 MM

OPERATING PROFIT(Q)

Highest at CNY 7,739.79 MM

PRE-TAX PROFIT(Q)

Highest at CNY 7,516.68 MM

NET PROFIT(Q)

Highest at CNY 5,734.5 MM

RAW MATERIAL COST(Y)

Fallen by -29.63% (YoY

CASH AND EQV(HY)

Highest at CNY 23,214.63 MM

DEBT-EQUITY RATIO (HY)

Lowest at -28.11 %

DEBTORS TURNOVER RATIO(HY)

Highest at 6.78 times

OPERATING PROFIT MARGIN(Q)

Highest at 39.7 %

EPS(Q)

Highest at CNY 5.14

-7What is not working for the Company
INTEREST(HY)

At CNY 25.06 MM has Grown at 35.72%

Here's what is working for Zhongji Innolight Co., Ltd.

Net Sales
At CNY 19,496.4 MM has Grown at 192.12%
Year on Year (YoY)
MOJO Watch
Near term sales trend is extremely positive

Net Sales (CNY MM)

Pre-Tax Profit
At CNY 7,516.68 MM has Grown at 277.77%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CNY MM)

Net Profit
At CNY 5,734.5 MM has Grown at 262.29%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (CNY MM)

Operating Cash Flow
Highest at CNY 12,184.6 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Net Sales
Highest at CNY 19,496.4 MM and Grown
In each period in the last five periods
MOJO Watch
Near term sales trend is very positive

Net Sales (CNY MM)

Operating Profit
Highest at CNY 7,739.79 MM and Grown
In each period in the last five periods
MOJO Watch
Near term Operating Profit trend is quite positive

Operating Profit (CNY MM)

Pre-Tax Profit
Highest at CNY 7,516.68 MM and Grown
In each period in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CNY MM)

Net Profit
Highest at CNY 5,734.5 MM and Grown
In each period in the last five periods
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (CNY MM)

Operating Profit Margin
Highest at 39.7 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

EPS
Highest at CNY 5.14
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Cash and Eqv
Highest at CNY 23,214.63 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio
Lowest at -28.11 %
in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Debtors Turnover Ratio
Highest at 6.78 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost
Fallen by -29.63% (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 Zhongji Innolight Co., Ltd.

Interest
At CNY 25.06 MM has Grown at 35.72%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)