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Zhongji Innolight Co., Ltd.

  • Market Cap: Large Cap
  • Industry: Other Electrical Equipment
  • ISIN: CNE100001CY9
  • SHE: 300308
CNY
927.72
-13.28 (-1.41%)

Sep 22

SHE

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  • 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
With ROE of 45.51%, it has a expensive valuation with a 36.02 Price to Book Value
  • Over the past year, while the stock has generated a return of 684.48%, its profits have risen by 171.1% ; the PEG ratio of the company is 0.5
  • At the current price, the company has a high dividend yield of 0.2
3
Market Beating performance in long term as well as near term
  • Along with generating 684.48% 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.
121.94%
11.39
73.19%
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)
48.00%
EBIT Growth (5y)
93.74%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.20
Sales to Capital Employed (avg)
1.04
Tax Ratio
15.62%
Dividend Payout Ratio
13.28%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
31.39%
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
86
Industry P/E
Price to Book Value
39.29
EV to EBIT
72.83
EV to EBITDA
70.14
EV to Capital Employed
54.39
EV to Sales
27.19
PEG Ratio
0.50
Dividend Yield
0.11%
ROCE (Latest)
74.67%
ROE (Latest)
45.51%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Bullish
OBV
Bullish
Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

52What is working for the Company
OPERATING CASH FLOW(Y)

Highest at CNY 9,603.12 MM

ROCE(HY)

Highest at 65.27%

NET SALES(Q)

Highest at CNY 22,281.46 MM

OPERATING PROFIT(Q)

Highest at CNY 9,615.87 MM

PRE-TAX PROFIT(Q)

Highest at CNY 9,142.63 MM

NET PROFIT(Q)

Highest at CNY 7,450.45 MM

DIVIDEND PAYOUT RATIO(Y)

Highest at 16.98%

RAW MATERIAL COST(Y)

Fallen by -13.47% (YoY

CASH AND EQV(HY)

Highest at CNY 21,143.97 MM

DIVIDEND PER SHARE(HY)

Highest at CNY 5.48

OPERATING PROFIT MARGIN(Q)

Highest at 43.16 %

EPS(Q)

Highest at CNY 7.05

-10What is not working for the Company
INTEREST(Q)

Highest at CNY 18.91 MM

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

Net Sales
At CNY 22,281.46 MM has Grown at 174.57%
Year on Year (YoY)
MOJO Watch
Near term sales trend is extremely positive

Net Sales (CNY MM)

Pre-Tax Profit
At CNY 9,142.63 MM has Grown at 220.5%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CNY MM)

Net Profit
At CNY 7,450.45 MM has Grown at 208.76%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (CNY MM)

Operating Cash Flow
Highest at CNY 9,603.12 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 22,281.46 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 9,615.87 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 9,142.63 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 7,450.45 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 43.16 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

EPS
Highest at CNY 7.05
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Cash and Eqv
Highest at CNY 21,143.97 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Dividend per share
Highest at CNY 5.48
in the last five years
MOJO Watch
Company is distributing higher dividend from profits generated

DPS (CNY)

Dividend Payout Ratio
Highest at 16.98%
in the last five years
MOJO Watch
Company is distributing higher proportion of profits generated as dividend

DPR (%)

Raw Material Cost
Fallen by -13.47% (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

Depreciation
Highest at CNY 301.2 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (CNY MM)

Depreciation
At CNY 301.2 MM has Grown at inf%
period on period (QoQ)
MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (CNY MM)

Here's what is not working for Zhongji Innolight Co., Ltd.

Interest
At CNY 18.91 MM has Grown at 48.52%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest
Highest at CNY 18.91 MM
in the last five periods and Increased by 48.52% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

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