Shanghai stock alert

CHINA

CLOSING UPDATE: Huayu Automotive Systems - A Share continues significant uptrend, increases 1.1% 20 October 2017 15:56 CST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Shanghai market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Huayu Automotive Systems - A Share, Shanghai's largest commercial services company by market capitalisation, continued its significant uptrend and increased 27.0 fen (or 1.1%) to trade at CNY24.51 today. Compared with the SSE 180 Index which fell 18.4 points (or 0.2%) in the day, this represented a relative price increase of 1.3%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.66 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 94% of the Shanghai market over the past 6 months.

+ The price jumped 8.4% in the last week and soared 17.9% in the last month.

+ The present value of CNY1,000 invested one year ago is CNY1,636 [vs CNY1,190 for the SSE 180 Index].

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Price/Earnings of 12.3 [15.8]

+ Price/Sales of 0.6 [0.8]

+ Price to Book of 2.2 [2.5]

+ Dividend yield of 4.1% [3.1%]

+ Return on Equity 16.2% [13.6%]

+ Return on Assets 8% [4.8%]

+ Return on Capital Employed 17.6% [14.7%]

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.7. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 7.6% in the last 3 years. This is better than the sector average of 5.1% and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity of 16.2% is better than sector average of 13.6%.

Note

Overbought/Bearish:

The 1.1% discount to 12-month high of CNY24.78 against the 65.6% premium to 12-month low of CNY14.80 suggests the climb might be peaking.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price/Earnings/Growth of 0.74 [0.6]

TODAY'S ALERT

Afternoon Alert: Huayu Automotive Systems - A Share hits 52-week high second time in one month

20 October 2017 13:01 CST

Huayu Automotive Systems Company Limited - A Share (SS:600741) hit a 52-week high of CNY24.78 today for the second time in the past one month and last traded at CNY24.27. This brought its three-day rise to CNY2.20 or 10.0%. Trading volume was 1.7 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Huayu Automotive Systems - A Share decreases gains by 0.1% on high volume

19 October 2017 15:57 CST

Huayu Automotive Systems - A Share, Shanghai's largest commercial services company by market capitalisation, traded on heavy volume of 2.3 times average today while the price climbed CNY1.31 (or 5.7%) to trade at CNY24.24. Compared with the SSE 180 Index which fell 25.8 points (or 0.3%) in the day, this represented a relative price increase of 6.0%.

Afternoon Alert: Huayu Automotive Systems - A Share climbs 5.8% on extraordinary volume

19 October 2017 13:01 CST

Huayu Automotive Systems Company Limited - A Share (SS:600741) traded on heavy volume of 4.0 times average so far today while the price climbed CNY1.34 (or 5.8%) to trade at CNY24.27.

Huayu Automotive Systems Company Limited - A Share (SS:600741; SHA:600741; CH:600741)

ISIN: CNE000000M15

PermID: 4295864050

Source: www.BuySellSignals.com