China Green Agriculture Inc.Find Ratings Reports
CHINA GREEN AGRICULTURE INC's gross profit margin for the third quarter of its fiscal year 2019 has decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. CHINA GREEN AGRICULTURE INC is extremely liquid. Currently, the Quick Ratio is 3.18 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
During the same period, stockholders' equity ("net worth") has decreased by 8.83% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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|Income Statement||Q3 FY19||Q3 FY18|
|Net Sales ($mil)||108.12||82.55|
|Net Income ($mil)||5.12||7.63|
|Balance Sheet||Q3 FY19||Q3 FY18|
|Cash & Equiv. ($mil)||69.24||153.64|
|Total Assets ($mil)||481.68||498.71|
|Total Debt ($mil)||15.72||9.41|
|Profitability||Q3 FY19||Q3 FY18|
|Gross Profit Margin||20.71||27.24|
|Return on Assets||-2.25||4.94|
|Return on Equity||-2.69||5.55|
|Debt||Q3 FY19||Q3 FY18|
|Share Data||Q3 FY19||Q3 FY18|
|Shares outstanding (mil)||3.3||3.21|
|Div / share||0.0||0.0|
|Book value / share||122.48||137.83|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||33263.0||184123.0|
SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 0.03 indicates a significant discount versus the S&P 500 average of 3.31 and a significant discount versus the subsector average of 3.88. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, CHINA GREEN AGRICULTURE INC proves to trade at a discount to investment alternatives.
|CGA NM||Peers 38.60||CGA NM||Peers 18.26|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
CGA's P/E is negative making this valuation measure meaningless.
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
CGA's P/CF is negative making the measure meaningless.
|CGA NA||Peers 21.13||CGA NA||Peers 1.78|
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential.
Ratio not available.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|CGA 0.03||Peers 3.88||CGA -145.16||Peers 45.17|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
CGA is trading at a significant discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, CGA is expected to significantly trail its peers on the basis of its earnings growth rate.
|CGA 0.04||Peers 2.59||CGA 1.55||Peers 21.44|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
CGA is trading at a significant discount to its subsector on this measurement.
Lower. A sales growth rate that trails the subsector implies that a company is losing market share.
CGA significantly trails its peers on the basis of sales growth.