Shanghai stock alert

CHINA

CLOSING UPDATE: CRRC - A Share increased losses by 0.5%, led Industrial sector lower 25 July 2017 15:54 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).

CRRC - A Share, Shanghai's largest industrial company by market capitalisation, has decreased 0.7% to trade at CNY10.12 vs. the Industrial sector which weakened 65.3 points (or 0.6%) to 11,022.4. Representing a weighting of about 39.2% of the sector, the stock accounted for 45.7% of today's loss. Trading volume was 57% of average at the end of the day. Compared with the SSE 180 Index which fell 38.7 points (or 0.5%) in the day, this represented a relative price change of -0.2%.

Note

CRRC - A Share today is at a discount of 17.0% to the 12-month high of CNY12.19 on 30 Nov, 2016. It is at a premium of 15.6% to the 12-month low of CNY8.75 on 01 Aug, 2016.

Bullish Signals:

The positive 0.04 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The price increased 0.3% in the last week and 0.6% in the last month.

The company is cash rich with Cash to Market Capitalisation at 14.4%.

Interest cover is less leveraged at 14.4 times.

Tobin's Q Ratio is 0.9. Compared with the rest of the market the stock is undervalued.

Net profit margin has averaged 5.9% in the last 3 years. This is better than the sector average of 4.5% and suggests a high margin of safety.

As per the Du Pont analysis, Return on Equity of 15.8% is better than sector average of 9.0%.

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

Undervaluation:

Price/Earnings of 24.7 [27.9]

Dividend yield of 1.5% [0.8%]

Return on Equity 15.8% [9.0%]

Return on Assets 4.1% [2.6%]

Return on Capital Employed 11.8% [10.5%]

TODAY'S ALERTS

Afternoon Alert: CRRC - A Share decreases 1.2%, leads Industrial sector lower

25 July 2017 13:01 CST

CRRC Corporation Limited - A Share (SS:601766) has decreased 1.2% to trade at CNY10.07 vs. the Industrial sector which weakened 98.5 points (or 0.9%) to 10,989.2. Representing a weighting of about 39.2% of the sector, the stock accounted for 51.8% of today's loss. Trading volume was 93% of average so far today.

Morning Alert: CRRC - A Share decreases 0.7%, leads Industrial sector lower

25 July 2017 10:43 CST

CRRC Corporation Limited - A Share (SS:601766) has decreased 0.7% to trade at CNY10.12 vs. the Industrial sector which weakened 56.2 points (or 0.5%) to 11,031.6. Representing a weighting of about 39.2% of the sector, the stock accounted for 52.8% of today's loss. Trading volume was 62% of average so far today.

RECENT ALERT

Morning Alert: CRRC - A Share increases 0.4%, leads Industrial sector higher

21 July 2017 10:43 CST

CRRC Corporation Limited - A Share (SS:601766) has increased 0.4% to trade at CNY10.25 vs. the Industrial sector which strengthened 23.4 points (or 0.2%) to 10,864.5. Representing a weighting of about 40.3% of the sector, the stock accounted for 71.8% of today's gain. Trading volume was 61% of average so far today.

CRRC Corporation Limited - A Share (SS:601766; SHA:601766; CH:601766)

ISIN: CNE100000CP9

PermID: 4298052521

Source: www.BuySellSignals.com