Shanghai stock alert

CHINA

CLOSING UPDATE: China Yangtze Power - A Share decreases gains by 0.1% - outperforming 91% of stocks 20 September 2018 16:01 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).

China Yangtze Power - A Share, Shanghai's 3rd largest energy company by market capitalisation, has increased 9.0 fen (or 0.6%) today to trade at CNY15.95 and has outperformed 91% of the market in the past six months. A price rise combined with a high relative strength is a bullish signal. Compared with the SSE Composite Index which fell 1.6 points (or 0.06%) in the day, this represented a relative price increase of 0.6%.

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

Undervaluation:

+ Price/Earnings of 15.9 [38.6]

+ Dividend yield of 4.3% [3.3%]

+ Return on Equity 16.2% [3.3%]

+ Return on Assets 7.4% [1.4%]

+ Return on Capital Employed 11.1% [4.4%]

Bullish Signals:

+ Tobin's Q Ratio is 1.2. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 45.4% in the last 3 years. This is considered superior 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 3.3%.

Note

China Yangtze Power - A Share today is at a discount of 7.1% to the 12-month high of CNY17.16 on 14 Jun, 2018. It is at a premium of 11.1% to the 12-month low of CNY14.35 on 22 Sep, 2017.

Bearish Signals:

The negative 0.12 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

The price sank 4.2% in the last month.

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

Overvaluation:

Price/Earnings/Growth of 1.36 [0.9]

Price/Sales of 7 [0.9]

Price to Book of 2.6 [1.4]

TODAY'S ALERT

Afternoon Alert: China Yangtze Power - A Share increases 0.6% - outperforming 91% of stocks

20 September 2018 12:59 CST

China Yangtze Power Co., Ltd. - A Share (SS:600900) has increased 10.0 fen (or 0.6%) today to trade at CNY15.96 and has outperformed 91% of the market in the past six months. A price rise combined with a high relative strength is a bullish signal.

China Yangtze Power Co., Ltd. - A Share (SS:600900; SHA:600900; CH:600900)

ISIN: CNE000001G87

PermID: 4295865508

Source: www.BuySellSignals.com