Cangzhou Mingzhu Plastic Co., Ltd. Logo

Cangzhou Mingzhu Plastic Co., Ltd.

002108.SZ

(2.0)
Stock Price

3,50 CNY

2.82% ROA

3.81% ROE

32.14x PER

Market Cap.

6.269.848.125,00 CNY

27.12% DER

2.67% Yield

7.72% NPM

Cangzhou Mingzhu Plastic Co., Ltd. Stock Analysis

Cangzhou Mingzhu Plastic Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Cangzhou Mingzhu Plastic Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (21%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

3 ROE

ROE in an average range (5.2%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (4.01%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.33x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Buffet Intrinsic Value

The company's stock seems undervalued (40) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

9 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

Cangzhou Mingzhu Plastic Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Cangzhou Mingzhu Plastic Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Cangzhou Mingzhu Plastic Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Cangzhou Mingzhu Plastic Co., Ltd. Revenue
Year Revenue Growth
2003 193.463.597
2004 291.296.997 33.59%
2005 337.027.152 13.57%
2006 326.249.391 -3.3%
2007 365.710.416 10.79%
2008 730.196.266 49.92%
2009 826.107.180 11.61%
2010 1.363.083.922 39.39%
2011 1.660.217.498 17.9%
2012 1.762.387.037 5.8%
2013 1.982.982.297 11.12%
2014 2.089.958.703 5.12%
2015 2.175.258.175 3.92%
2016 2.764.817.544 21.32%
2017 3.524.439.329 21.55%
2018 3.325.099.387 -6%
2019 2.996.255.952 -10.98%
2020 2.762.479.245 -8.46%
2021 2.889.213.209 4.39%
2022 2.834.616.444 -1.93%
2023 2.701.986.058 -4.91%
2023 2.619.052.733 -3.17%
2024 2.871.059.952 8.78%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Cangzhou Mingzhu Plastic Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 3.373.608 100%
2011 4.433.384 23.9%
2012 1.319.827 -235.91%
2013 3.122.913 57.74%
2014 7.131.933 56.21%
2015 9.211.398 22.57%
2016 21.657.604 57.47%
2017 25.117.144 13.77%
2018 38.200.078 34.25%
2019 41.747.884 8.5%
2020 31.001.863 -34.66%
2021 42.829.275 27.62%
2022 33.094.579 -29.41%
2023 37.748.508 12.33%
2023 36.307.663 -3.97%
2024 31.381.520 -15.7%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Cangzhou Mingzhu Plastic Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 8.535.572
2004 9.972.711 14.41%
2005 8.232.621 -21.14%
2006 5.835.016 -41.09%
2007 9.149.428 36.23%
2008 17.714.555 48.35%
2009 28.531.210 37.91%
2010 12.904.776 -121.09%
2011 6.363.095 -102.81%
2012 8.300.016 23.34%
2013 8.600.843 3.5%
2014 7.575.135 -13.54%
2015 10.712.579 29.29%
2016 11.607.227 7.71%
2017 16.272.986 28.67%
2018 12.884.960 -26.29%
2019 12.085.738 -6.61%
2020 15.364.025 21.34%
2021 12.673.204 -21.23%
2022 13.337.321 4.98%
2023 175.030.498 92.38%
2023 18.721.286 -834.93%
2024 -22.904.108 181.74%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Cangzhou Mingzhu Plastic Co., Ltd. EBITDA
Year EBITDA Growth
2003 34.435.255
2004 36.768.229 6.35%
2005 49.834.560 26.22%
2006 51.365.984 2.98%
2007 44.600.402 -15.17%
2008 98.288.103 54.62%
2009 169.088.304 41.87%
2010 211.776.180 20.16%
2011 209.996.737 -0.85%
2012 246.583.311 14.84%
2013 296.918.131 16.95%
2014 324.439.805 8.48%
2015 389.837.588 16.78%
2016 750.559.095 48.06%
2017 859.866.885 12.71%
2018 617.461.118 -39.26%
2019 489.204.925 -26.22%
2020 618.020.375 20.84%
2021 674.418.442 8.36%
2022 586.767.545 -14.94%
2023 326.294.507 -79.83%
2023 477.096.743 31.61%
2024 277.033.280 -72.22%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Cangzhou Mingzhu Plastic Co., Ltd. Gross Profit
Year Gross Profit Growth
2003 63.876.984
2004 64.042.065 0.26%
2005 64.664.671 0.96%
2006 60.570.955 -6.76%
2007 56.699.808 -6.83%
2008 130.810.879 56.66%
2009 228.388.011 42.72%
2010 283.194.792 19.35%
2011 261.299.473 -8.38%
2012 307.618.777 15.06%
2013 375.772.887 18.14%
2014 421.058.067 10.76%
2015 520.863.840 19.16%
2016 908.453.323 42.66%
2017 985.459.457 7.81%
2018 550.487.592 -79.02%
2019 481.687.513 -14.28%
2020 539.172.651 10.66%
2021 602.651.331 10.53%
2022 473.213.537 -27.35%
2023 361.191.588 -31.01%
2023 380.414.229 5.05%
2024 240.471.116 -58.2%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Cangzhou Mingzhu Plastic Co., Ltd. Net Profit
Year Net Profit Growth
2003 28.962.517
2004 30.375.253 4.65%
2005 29.938.863 -1.46%
2006 30.707.898 2.5%
2007 23.410.615 -31.17%
2008 43.514.329 46.2%
2009 102.079.124 57.37%
2010 116.063.946 12.05%
2011 100.598.022 -15.37%
2012 121.702.671 17.34%
2013 149.355.595 18.51%
2014 167.102.025 10.62%
2015 214.632.809 22.15%
2016 487.319.497 55.96%
2017 545.280.027 10.63%
2018 297.880.237 -83.05%
2019 166.097.639 -79.34%
2020 300.945.260 44.81%
2021 365.966.108 17.77%
2022 281.002.412 -30.24%
2023 308.620.029 8.95%
2023 272.592.216 -13.22%
2024 113.474.964 -140.22%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Cangzhou Mingzhu Plastic Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Cangzhou Mingzhu Plastic Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2005 54.658.960
2006 16.842.189 -224.54%
2007 -96.541.582 117.45%
2008 107.900.606 189.47%
2009 -135.823.632 179.44%
2010 -1.388.417 -9682.63%
2011 -15.154.736 90.84%
2012 -132.665.298 88.58%
2013 -129.178.281 -2.7%
2014 -5.127.831 -2419.16%
2015 -95.054.460 94.61%
2016 -241.378.739 60.62%
2017 163.562.157 247.58%
2018 11.613.666 -1308.36%
2019 153.853.135 92.45%
2020 213.942.679 28.09%
2021 145.726.607 -46.81%
2022 -484.841.354 130.06%
2023 -216.387.809 -124.06%
2023 -565.010.578 61.7%
2024 -17.883.195 -3059.45%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Cangzhou Mingzhu Plastic Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2005 61.772.834
2006 20.280.877 -204.59%
2007 -57.613.429 135.2%
2008 123.734.890 146.56%
2009 74.194.367 -66.77%
2010 70.302.172 -5.54%
2011 55.954.129 -25.64%
2012 72.940.414 23.29%
2013 46.448.614 -57.03%
2014 221.735.418 79.05%
2015 132.093.371 -67.86%
2016 172.786.700 23.55%
2017 502.040.264 65.58%
2018 166.598.055 -201.35%
2019 187.927.696 11.35%
2020 268.408.527 29.98%
2021 497.677.275 46.07%
2022 287.226.581 -73.27%
2023 32.224.038 -791.34%
2023 344.421.597 90.64%
2024 79.943.947 -330.83%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Cangzhou Mingzhu Plastic Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2005 7.113.874
2006 3.438.688 -106.88%
2007 38.928.153 91.17%
2008 15.834.283 -145.85%
2009 210.017.999 92.46%
2010 71.690.589 -192.95%
2011 71.108.865 -0.82%
2012 205.605.712 65.41%
2013 175.626.895 -17.07%
2014 226.863.249 22.58%
2015 227.147.831 0.13%
2016 414.165.439 45.16%
2017 338.478.106 -22.36%
2018 154.984.389 -118.39%
2019 34.074.561 -354.84%
2020 54.465.848 37.44%
2021 351.950.668 84.52%
2022 772.067.935 54.41%
2023 248.611.847 -210.55%
2023 909.432.175 72.66%
2024 97.827.142 -829.63%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Cangzhou Mingzhu Plastic Co., Ltd. Equity
Year Equity Growth
2003 109.802.923
2004 137.668.244 20.24%
2005 131.008.752 -5.08%
2006 143.954.408 8.99%
2007 308.709.559 53.37%
2008 331.624.942 6.91%
2009 523.320.101 36.63%
2010 630.981.077 17.06%
2011 724.785.784 12.94%
2012 1.109.184.500 34.66%
2013 1.199.876.941 7.56%
2014 1.627.033.415 26.25%
2015 1.791.843.320 9.2%
2016 2.772.315.753 35.37%
2017 3.214.719.136 13.76%
2018 3.297.359.264 2.51%
2019 3.361.866.683 1.92%
2020 3.579.033.095 6.07%
2021 3.820.436.048 6.32%
2022 5.228.382.099 26.93%
2023 5.083.373.748 -2.85%
2023 5.122.619.380 0.77%
2024 5.066.851.654 -1.1%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Cangzhou Mingzhu Plastic Co., Ltd. Assets
Year Assets Growth
2003 250.329.677
2004 331.710.205 24.53%
2005 326.772.503 -1.51%
2006 308.278.732 -6%
2007 432.275.199 28.68%
2008 548.496.636 21.19%
2009 972.519.212 43.6%
2010 1.186.820.324 18.06%
2011 1.289.719.666 7.98%
2012 1.779.882.860 27.54%
2013 2.146.192.079 17.07%
2014 2.519.113.368 14.8%
2015 2.435.486.574 -3.43%
2016 3.631.394.771 32.93%
2017 3.828.758.493 5.15%
2018 4.846.529.540 21%
2019 4.755.459.195 -1.92%
2020 4.945.176.828 3.84%
2021 5.513.096.491 10.3%
2022 7.012.427.687 21.38%
2023 6.959.971.040 -0.75%
2023 7.109.151.264 2.1%
2024 7.286.858.265 2.44%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Cangzhou Mingzhu Plastic Co., Ltd. Liabilities
Year Liabilities Growth
2003 140.526.753
2004 194.041.960 27.58%
2005 195.763.751 0.88%
2006 164.324.324 -19.13%
2007 123.565.640 -32.99%
2008 216.871.693 43.02%
2009 449.199.110 51.72%
2010 555.839.246 19.19%
2011 564.933.880 1.61%
2012 670.698.359 15.77%
2013 946.315.137 29.13%
2014 892.079.952 -6.08%
2015 643.643.254 -38.6%
2016 859.079.017 25.08%
2017 614.039.355 -39.91%
2018 1.549.170.276 60.36%
2019 1.393.592.511 -11.16%
2020 1.366.143.732 -2.01%
2021 1.692.660.443 19.29%
2022 1.784.045.587 5.12%
2023 1.876.597.292 4.93%
2023 1.986.531.884 5.53%
2024 2.049.134.971 3.06%

Cangzhou Mingzhu Plastic Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.51
Net Income per Share
0.12
Price to Earning Ratio
32.14x
Price To Sales Ratio
2.48x
POCF Ratio
40.28
PFCF Ratio
-13.83
Price to Book Ratio
1.24
EV to Sales
2.75
EV Over EBITDA
29.91
EV to Operating CashFlow
44.62
EV to FreeCashFlow
-15.32
Earnings Yield
0.03
FreeCashFlow Yield
-0.07
Market Cap
6,27 Bil.
Enterprise Value
6,94 Bil.
Graham Number
2.82
Graham NetNet
-0.12

Income Statement Metrics

Net Income per Share
0.12
Income Quality
0.8
ROE
0.04
Return On Assets
0.03
Return On Capital Employed
0.04
Net Income per EBT
0.93
EBT Per Ebit
0.98
Ebit per Revenue
0.09
Effective Tax Rate
0.14

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.11
Operating Profit Margin
0.09
Pretax Profit Margin
0.08
Net Profit Margin
0.08

Dividends

Dividend Yield
0.03
Dividend Yield %
2.67
Payout Ratio
1.83
Dividend Per Share
0.1

Operating Metrics

Operating Cashflow per Share
0.09
Free CashFlow per Share
-0.27
Capex to Operating CashFlow
3.91
Capex to Revenue
0.24
Capex to Depreciation
9.33
Return on Invested Capital
0.03
Return on Tangible Assets
0.03
Days Sales Outstanding
183.58
Days Payables Outstanding
71.64
Days of Inventory on Hand
63.69
Receivables Turnover
1.99
Payables Turnover
5.09
Inventory Turnover
5.73
Capex per Share
0.36

Balance Sheet

Cash per Share
0,42
Book Value per Share
3,13
Tangible Book Value per Share
2.92
Shareholders Equity per Share
3.03
Interest Debt per Share
0.83
Debt to Equity
0.27
Debt to Assets
0.19
Net Debt to EBITDA
2.91
Current Ratio
2.02
Tangible Asset Value
4,88 Bil.
Net Current Asset Value
0,39 Bil.
Invested Capital
4756214652
Working Capital
1,23 Bil.
Intangibles to Total Assets
0.05
Average Receivables
1,17 Bil.
Average Payables
0,38 Bil.
Average Inventory
420588574.5
Debt to Market Cap
0.22

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Cangzhou Mingzhu Plastic Co., Ltd. Dividends
Year Dividends Growth
2007 0
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Cangzhou Mingzhu Plastic Co., Ltd. Profile

About Cangzhou Mingzhu Plastic Co., Ltd.

Cangzhou Mingzhu Plastic Co., Ltd. engages in the manufacture and sale of pipeline systems in China and internationally. It offers PE gas and water supply pipes and PE nuclear power pipes; biaxially-oriented polyamide (BOPA) films; composite piping systems; and lithium-ion battery separators. The company was founded in 1995 and is headquartered in Cangzhou, China.

CEO
Mr. Zengsheng Yu
Employee
2.088
Address
Mingzhu Building
Cangzhou, 061001

Cangzhou Mingzhu Plastic Co., Ltd. Executives & BODs

Cangzhou Mingzhu Plastic Co., Ltd. Executives & BODs
# Name Age
1 Mr. Fanlian Li
Deputy General Manager and Board Secretary
70
2 Mr. Zhao Liang Sun
Deputy General Manager
70
3 Mr. Dong Li
Deputy General Manager
70
4 Mr. Zengsheng Yu
GM & Director
70
5 Mr. Shu Mao Gao
Deputy General Manager
70
6 Mr. Chuan Ming Gu
Deputy General Manager
70
7 Mr. Shao Hua Yu
Deputy GM & Non-Independent Director
70

Cangzhou Mingzhu Plastic Co., Ltd. Competitors