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Qinchuan Machine Tool & Tool Group Share Co Ltd
Buy, Hold or Sell?

Let's analyse Qinchuan together

PenkeI guess you are interested in Qinchuan Machine Tool & Tool Group Share Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Qinchuan Machine Tool & Tool Group Share Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Qinchuan (30 sec.)










What can you expect buying and holding a share of Qinchuan? (30 sec.)

How much money do you get?

How much money do you get?
¥0.00
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥5.37
Expected worth in 1 year
¥6.68
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
¥1.35
Return On Investment
14.2%

For what price can you sell your share?

Current Price per Share
¥9.50
Expected price per share
¥5.88 - ¥11.23
How sure are you?
50%

1. Valuation of Qinchuan (5 min.)




Live pricePrice per Share (EOD)

¥9.50

Intrinsic Value Per Share

¥-6.93 - ¥-8.38

Total Value Per Share

¥-1.57 - ¥-3.01

2. Growth of Qinchuan (5 min.)




Is Qinchuan growing?

Current yearPrevious yearGrowGrow %
How rich?$749.9m$551.6m$111.1m16.8%

How much money is Qinchuan making?

Current yearPrevious yearGrowGrow %
Making money$5.3m$7.9m-$2.6m-48.8%
Net Profit Margin3.9%5.6%--

How much money comes from the company's main activities?

3. Financial Health of Qinchuan (5 min.)




4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#155 / 738

Most Revenue
#272 / 738

Most Profit
#317 / 738

Most Efficient
#417 / 738

What can you expect buying and holding a share of Qinchuan? (5 min.)

Welcome investor! Qinchuan's management wants to use your money to grow the business. In return you get a share of Qinchuan.

What can you expect buying and holding a share of Qinchuan?

First you should know what it really means to hold a share of Qinchuan. And how you can make/lose money.

Speculation

The Price per Share of Qinchuan is ¥9.5. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Qinchuan.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Qinchuan, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥5.37. Based on the TTM, the Book Value Change Per Share is ¥0.33 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.06 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ¥0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Qinchuan.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.000.0%0.000.0%0.010.1%0.000.0%0.000.0%
Usd Book Value Change Per Share0.000.0%0.050.5%0.010.1%0.010.1%0.010.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.050.5%0.010.1%0.020.2%0.020.2%
Usd Price Per Share1.75-1.71-1.21-1.05-1.16-
Price to Earnings Ratio656.58-248.89-51.53--95.73--105.01-
Price-to-Total Gains Ratio-1,862.37--357.70-130.50-82.11-1,748.63-
Price to Book Ratio2.36-2.59-2.22-2.04-2.68-
Price-to-Total Gains Ratio-1,862.37--357.70-130.50-82.11-1,748.63-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.3148
Number of shares760
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.050.01
Usd Total Gains Per Share0.050.02
Gains per Quarter (760 shares)35.4511.53
Gains per Year (760 shares)141.8046.13
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1413813283836
27276274157782
31141441623115128
41555255831154174
51969070038192220
62282984246231266
72696798454269312
8301105112661308358
9331243126869346404
10371381141077385450

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%15.05.00.075.0%22.07.011.055.0%65.07.015.074.7%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%13.07.00.065.0%24.016.00.060.0%66.021.00.075.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%67.00.020.077.0%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%15.05.00.075.0%32.08.00.080.0%78.09.00.089.7%

Fundamentals of Qinchuan

About Qinchuan Machine Tool & Tool Group Share Co Ltd

Qinchuan Machine Tool & Tool Group Share Co., Ltd. develops, produces, and sells precision CNC machine tools and cutting tools in China. It offers lathes, gear grinding machines, machining centers, precision grinders, measuring equipment, and plastics machinery; and precision castings, screws, guide rails, and hydraulic parts and systems. The company also provides gear cutting tools, broaching cutters, milling tools, and thread grinders; and precision gearboxes and gear parts, and CNC technology. Qinchuan Machine Tool & Tool Group Share Co., Ltd. was founded in 1965 and is headquartered in Baoji, China.

Fundamental data was last updated by Penke on 2024-03-23 04:33:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Qinchuan Machine Tool & Tool Group Share Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Qinchuan earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Qinchuan to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 0.6% means that ¥0.01 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Qinchuan Machine Tool & Tool Group Share Co Ltd:

  • The MRQ is 0.6%. The company is not making a profit/loss.
  • The TTM is 3.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM3.9%-3.3%
TTM3.9%YOY5.6%-1.7%
TTM3.9%5Y-0.1%+4.0%
5Y-0.1%10Y0.3%-0.4%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%5.5%-4.9%
TTM3.9%5.2%-1.3%
YOY5.6%5.1%+0.5%
5Y-0.1%4.5%-4.6%
10Y0.3%4.7%-4.4%
1.1.2. Return on Assets

Shows how efficient Qinchuan is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Qinchuan to the Specialty Industrial Machinery industry mean.
  • 0.0% Return on Assets means that Qinchuan generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Qinchuan Machine Tool & Tool Group Share Co Ltd:

  • The MRQ is 0.0%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.0%TTM0.4%-0.4%
TTM0.4%YOY0.7%-0.3%
TTM0.4%5Y0.2%+0.3%
5Y0.2%10Y0.1%+0.1%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0%1.1%-1.1%
TTM0.4%1.0%-0.6%
YOY0.7%1.1%-0.4%
5Y0.2%1.0%-0.8%
10Y0.1%1.1%-1.0%
1.1.3. Return on Equity

Shows how efficient Qinchuan is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Qinchuan to the Specialty Industrial Machinery industry mean.
  • 0.1% Return on Equity means Qinchuan generated ¥0.00 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Qinchuan Machine Tool & Tool Group Share Co Ltd:

  • The MRQ is 0.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM1.0%-0.9%
TTM1.0%YOY1.7%-0.7%
TTM1.0%5Y0.3%+0.8%
5Y0.3%10Y0.2%+0.1%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%2.3%-2.2%
TTM1.0%2.1%-1.1%
YOY1.7%2.2%-0.5%
5Y0.3%2.0%-1.7%
10Y0.2%2.2%-2.0%

1.2. Operating Efficiency of Qinchuan Machine Tool & Tool Group Share Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Qinchuan is operating .

  • Measures how much profit Qinchuan makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Qinchuan to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of -2.5% means the company generated ¥-0.03  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Qinchuan Machine Tool & Tool Group Share Co Ltd:

  • The MRQ is -2.5%. The company is operating very inefficient. -2
  • The TTM is 1.7%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ-2.5%TTM1.7%-4.2%
TTM1.7%YOY1.8%-0.1%
TTM1.7%5Y-0.2%+1.8%
5Y-0.2%10Y0.0%-0.1%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.5%7.9%-10.4%
TTM1.7%4.7%-3.0%
YOY1.8%6.2%-4.4%
5Y-0.2%6.2%-6.4%
10Y0.0%5.0%-5.0%
1.2.2. Operating Ratio

Measures how efficient Qinchuan is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 1.82 means that the operating costs are ¥1.82 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Qinchuan Machine Tool & Tool Group Share Co Ltd:

  • The MRQ is 1.818. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.775. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.818TTM1.775+0.043
TTM1.775YOY1.772+0.003
TTM1.7755Y1.805-0.030
5Y1.80510Y1.364+0.441
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8181.534+0.284
TTM1.7751.554+0.221
YOY1.7721.550+0.222
5Y1.8051.523+0.282
10Y1.3641.248+0.116

1.3. Liquidity of Qinchuan Machine Tool & Tool Group Share Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Qinchuan is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 1.73 means the company has ¥1.73 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Qinchuan Machine Tool & Tool Group Share Co Ltd:

  • The MRQ is 1.726. The company is able to pay all its short-term debts. +1
  • The TTM is 1.612. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.726TTM1.612+0.114
TTM1.612YOY1.446+0.166
TTM1.6125Y1.351+0.261
5Y1.35110Y0.753+0.598
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7261.674+0.052
TTM1.6121.688-0.076
YOY1.4461.649-0.203
5Y1.3511.740-0.389
10Y0.7531.534-0.781
1.3.2. Quick Ratio

Measures if Qinchuan is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Qinchuan to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 0.54 means the company can pay off ¥0.54 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Qinchuan Machine Tool & Tool Group Share Co Ltd:

  • The MRQ is 0.544. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.492. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.544TTM0.492+0.052
TTM0.492YOY0.537-0.045
TTM0.4925Y0.467+0.025
5Y0.46710Y0.470-0.003
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5440.717-0.173
TTM0.4920.749-0.257
YOY0.5370.814-0.277
5Y0.4670.858-0.391
10Y0.4700.860-0.390

1.4. Solvency of Qinchuan Machine Tool & Tool Group Share Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Qinchuan assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Qinchuan to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.46 means that Qinchuan assets are financed with 45.6% credit (debt) and the remaining percentage (100% - 45.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Qinchuan Machine Tool & Tool Group Share Co Ltd:

  • The MRQ is 0.456. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.485. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.456TTM0.485-0.029
TTM0.485YOY0.510-0.024
TTM0.4855Y0.586-0.100
5Y0.58610Y0.557+0.028
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4560.499-0.043
TTM0.4850.503-0.018
YOY0.5100.504+0.006
5Y0.5860.497+0.089
10Y0.5570.491+0.066
1.4.2. Debt to Equity Ratio

Measures if Qinchuan is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Qinchuan to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 95.0% means that company has ¥0.95 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Qinchuan Machine Tool & Tool Group Share Co Ltd:

  • The MRQ is 0.950. The company is very able to pay all its debts with equity. +2
  • The TTM is 1.099. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ0.950TTM1.099-0.149
TTM1.099YOY1.243-0.144
TTM1.0995Y1.946-0.847
5Y1.94610Y1.670+0.276
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9500.998-0.048
TTM1.0991.016+0.083
YOY1.2431.013+0.230
5Y1.9461.052+0.894
10Y1.6701.032+0.638

2. Market Valuation of Qinchuan Machine Tool & Tool Group Share Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings Qinchuan generates.

  • Above 15 is considered overpriced but always compare Qinchuan to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 656.58 means the investor is paying ¥656.58 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Qinchuan Machine Tool & Tool Group Share Co Ltd:

  • The EOD is 491.917. Based on the earnings, the company is expensive. -2
  • The MRQ is 656.580. Based on the earnings, the company is expensive. -2
  • The TTM is 248.886. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD491.917MRQ656.580-164.663
MRQ656.580TTM248.886+407.694
TTM248.886YOY51.531+197.355
TTM248.8865Y-95.727+344.613
5Y-95.72710Y-105.008+9.280
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD491.91719.476+472.441
MRQ656.58018.616+637.964
TTM248.88619.352+229.534
YOY51.53117.955+33.576
5Y-95.72721.955-117.682
10Y-105.00828.443-133.451
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Qinchuan Machine Tool & Tool Group Share Co Ltd:

  • The EOD is -18.354. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -24.498. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -58.477. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-18.354MRQ-24.498+6.144
MRQ-24.498TTM-58.477+33.979
TTM-58.477YOY317.538-376.015
TTM-58.4775Y54.875-113.352
5Y54.87510Y27.437+27.437
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-18.3545.476-23.830
MRQ-24.4984.966-29.464
TTM-58.4772.621-61.098
YOY317.538-0.130+317.668
5Y54.8750.502+54.373
10Y27.4372.022+25.415
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Qinchuan is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 2.36 means the investor is paying ¥2.36 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Qinchuan Machine Tool & Tool Group Share Co Ltd:

  • The EOD is 1.771. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.363. Based on the equity, the company is underpriced. +1
  • The TTM is 2.590. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.771MRQ2.363-0.593
MRQ2.363TTM2.590-0.227
TTM2.590YOY2.223+0.367
TTM2.5905Y2.043+0.548
5Y2.04310Y2.676-0.633
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD1.7712.115-0.344
MRQ2.3632.124+0.239
TTM2.5902.181+0.409
YOY2.2232.361-0.138
5Y2.0432.377-0.334
10Y2.6762.932-0.256
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Qinchuan Machine Tool & Tool Group Share Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.0160.328-105%0.063-126%0.091-118%0.106-116%
Book Value Per Share--5.3654.742+13%3.947+36%3.592+49%3.362+60%
Current Ratio--1.7261.612+7%1.446+19%1.351+28%0.753+129%
Debt To Asset Ratio--0.4560.485-6%0.510-10%0.586-22%0.557-18%
Debt To Equity Ratio--0.9501.099-14%1.243-24%1.946-51%1.670-43%
Dividend Per Share--0.0100.009+9%0.011-15%0.018-47%0.030-68%
Eps--0.0050.029-84%0.057-92%0.010-52%0.007-32%
Free Cash Flow Per Share---0.129-0.039-70%-0.038-71%0.009-1523%0.009-1523%
Free Cash Flow To Equity Per Share---0.1520.476-132%-0.024-84%0.133-214%0.133-214%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.725+38%
Intrinsic Value_10Y_max---8.377--------
Intrinsic Value_10Y_min---6.932--------
Intrinsic Value_1Y_max---0.075--------
Intrinsic Value_1Y_min---0.073--------
Intrinsic Value_3Y_max---0.807--------
Intrinsic Value_3Y_min---0.759--------
Intrinsic Value_5Y_max---2.242--------
Intrinsic Value_5Y_min---2.031--------
Market Cap9593860000.000-33%12805316934.52012474564702.360+3%8846548800.000+45%7657924440.472+67%8433257610.236+52%
Net Profit Margin--0.0060.039-85%0.056-90%-0.001+118%0.003+120%
Operating Margin---0.0250.017-252%0.018-240%-0.002-93%0.000-99%
Operating Ratio--1.8181.775+2%1.772+3%1.805+1%1.364+33%
Pb Ratio1.771-33%2.3632.590-9%2.223+6%2.043+16%2.676-12%
Pe Ratio491.917-33%656.580248.886+164%51.531+1174%-95.727+115%-105.008+116%
Price Per Share9.500-33%12.68012.353+3%8.760+45%7.583+67%8.351+52%
Price To Free Cash Flow Ratio-18.354+25%-24.498-58.477+139%317.538-108%54.875-145%27.437-189%
Price To Total Gains Ratio-1395.311+25%-1862.372-357.700-81%130.503-1527%82.115-2368%1748.633-207%
Quick Ratio--0.5440.492+11%0.537+1%0.467+17%0.470+16%
Return On Assets--0.0000.004-89%0.007-93%0.002-69%0.001-55%
Return On Equity--0.0010.010-90%0.017-94%0.003-63%0.002-51%
Total Gains Per Share---0.0070.337-102%0.075-109%0.110-106%0.136-105%
Usd Book Value--749909327.556662821724.073+13%551639570.798+36%501999502.854+49%469857892.126+60%
Usd Book Value Change Per Share---0.0020.045-105%0.009-126%0.013-118%0.015-116%
Usd Book Value Per Share--0.7430.656+13%0.546+36%0.497+49%0.465+60%
Usd Dividend Per Share--0.0010.001+9%0.002-15%0.003-47%0.004-68%
Usd Eps--0.0010.004-84%0.008-92%0.001-52%0.001-32%
Usd Free Cash Flow---18085490.805-5503694.612-70%-5296202.560-71%953327.987-1997%476663.993-3894%
Usd Free Cash Flow Per Share---0.018-0.005-70%-0.005-71%0.001-1523%0.001-1523%
Usd Free Cash Flow To Equity Per Share---0.0210.066-132%-0.003-84%0.018-214%0.018-214%
Usd Market Cap1327790224.000-33%1772255863.7381726479754.807+3%1224362353.920+45%1059856742.561+67%1167162853.257+52%
Usd Price Per Share1.315-33%1.7551.710+3%1.212+45%1.049+67%1.156+52%
Usd Profit--674806.7835343987.794-87%7954353.231-92%1650176.873-59%1112345.235-39%
Usd Revenue--118172322.697132646509.107-11%141179715.084-16%138308232.179-15%115956137.167+2%
Usd Total Gains Per Share---0.0010.047-102%0.010-109%0.015-106%0.019-105%
 EOD+4 -4MRQTTM+13 -22YOY+11 -245Y+12 -2310Y+15 -21

3.2. Fundamental Score

Let's check the fundamental score of Qinchuan Machine Tool & Tool Group Share Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15491.917
Price to Book Ratio (EOD)Between0-11.771
Net Profit Margin (MRQ)Greater than00.006
Operating Margin (MRQ)Greater than0-0.025
Quick Ratio (MRQ)Greater than10.544
Current Ratio (MRQ)Greater than11.726
Debt to Asset Ratio (MRQ)Less than10.456
Debt to Equity Ratio (MRQ)Less than10.950
Return on Equity (MRQ)Greater than0.150.001
Return on Assets (MRQ)Greater than0.050.000
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Qinchuan Machine Tool & Tool Group Share Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.465
Ma 20Greater thanMa 509.878
Ma 50Greater thanMa 1008.877
Ma 100Greater thanMa 2009.888
OpenGreater thanClose9.150
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Net Interest Income  -4,488-1,783-6,2711,708-4,5631,386-3,1775,9672,789



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets9,967,456
Total Liabilities4,549,036
Total Stockholder Equity4,787,033
 As reported
Total Liabilities 4,549,036
Total Stockholder Equity+ 4,787,033
Total Assets = 9,967,456

Assets

Total Assets9,967,456
Total Current Assets5,904,270
Long-term Assets4,063,186
Total Current Assets
Cash And Cash Equivalents 2,042,870
Short-term Investments 170,050
Net Receivables 1,692,090
Inventory 1,925,512
Other Current Assets 73,748
Total Current Assets  (as reported)5,904,270
Total Current Assets  (calculated)5,904,270
+/- 0
Long-term Assets
Property Plant Equipment 3,214,523
Intangible Assets 515,280
Other Assets 357,727
Long-term Assets  (as reported)4,063,186
Long-term Assets  (calculated)4,087,529
+/- 24,344

Liabilities & Shareholders' Equity

Total Current Liabilities3,421,740
Long-term Liabilities1,127,295
Total Stockholder Equity4,787,033
Total Current Liabilities
Short Long Term Debt 743,330
Accounts payable 1,999,733
Other Current Liabilities 477,282
Total Current Liabilities  (as reported)3,421,740
Total Current Liabilities  (calculated)3,220,345
+/- 201,395
Long-term Liabilities
Long term Debt 391,195
Capital Lease Obligations Min Short Term Debt8,442
Other Liabilities 727,658
Long-term Liabilities Other 196,081
Deferred Long Term Liability 71,192
Long-term Liabilities  (as reported)1,127,295
Long-term Liabilities  (calculated)1,394,569
+/- 267,273
Total Stockholder Equity
Common Stock1,009,883
Retained Earnings 830,660
Other Stockholders Equity 8,838
Total Stockholder Equity (as reported)4,787,033
Total Stockholder Equity (calculated)1,849,380
+/- 2,937,652
Other
Capital Stock1,009,883
Common Stock Shares Outstanding 1,009,883
Net Invested Capital 5,921,558
Net Tangible Assets 4,340,624
Net Working Capital 2,482,530
Property Plant and Equipment Gross 3,214,523



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-06-302000-12-312000-06-30
> Total Assets 
601,626
607,587
618,245
710,844
739,224
881,703
870,783
938,520
959,174
959,201
1,027,727
1,030,820
1,062,756
1,094,999
1,128,952
1,091,425
1,119,476
1,110,958
1,128,967
1,147,604
1,138,021
1,187,176
1,175,610
1,172,839
1,209,935
1,291,634
1,302,228
1,346,379
1,361,296
1,425,092
1,484,935
1,466,451
1,438,836
1,436,151
1,527,510
1,574,343
1,625,280
1,722,592
1,854,949
1,908,819
1,886,878
1,991,966
2,040,574
2,061,474
2,058,798
2,084,311
2,088,311
2,105,514
2,213,185
2,253,114
2,253,876
2,278,359
2,281,804
2,511,022
6,614,269
6,407,880
6,388,693
6,740,217
6,669,894
6,733,473
6,823,986
7,074,549
7,805,137
7,821,232
7,882,111
7,955,497
8,111,948
8,700,779
9,156,965
9,063,098
9,265,181
9,055,795
9,332,348
9,189,585
9,148,699
8,584,164
8,829,489
9,561,734
9,218,252
9,269,697
9,259,358
7,124,739
7,697,573
7,872,086
8,166,316
8,109,029
8,361,322
8,520,873
8,668,944
9,912,133
9,967,456
9,967,4569,912,1338,668,9448,520,8738,361,3228,109,0298,166,3167,872,0867,697,5737,124,7399,259,3589,269,6979,218,2529,561,7348,829,4898,584,1649,148,6999,189,5859,332,3489,055,7959,265,1819,063,0989,156,9658,700,7798,111,9487,955,4977,882,1117,821,2327,805,1377,074,5496,823,9866,733,4736,669,8946,740,2176,388,6936,407,8806,614,2692,511,0222,281,8042,278,3592,253,8762,253,1142,213,1852,105,5142,088,3112,084,3112,058,7982,061,4742,040,5741,991,9661,886,8781,908,8191,854,9491,722,5921,625,2801,574,3431,527,5101,436,1511,438,8361,466,4511,484,9351,425,0921,361,2961,346,3791,302,2281,291,6341,209,9351,172,8391,175,6101,187,1761,138,0211,147,6041,128,9671,110,9581,119,4761,091,4251,128,9521,094,9991,062,7561,030,8201,027,727959,201959,174938,520870,783881,703739,224710,844618,245607,587601,626
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,291,494
5,609,737
5,366,104
5,906,331
5,678,068
5,549,214
4,738,474
5,236,274
5,728,495
5,474,369
5,535,428
5,342,194
3,927,612
4,477,598
4,669,365
5,027,204
4,872,829
4,968,868
4,795,094
4,865,811
5,966,030
5,904,270
5,904,2705,966,0304,865,8114,795,0944,968,8684,872,8295,027,2044,669,3654,477,5983,927,6125,342,1945,535,4285,474,3695,728,4955,236,2744,738,4745,549,2145,678,0685,906,3315,366,1045,609,7375,291,494000000000000000000000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
812,204
871,957
911,826
1,031,590
751,071
830,409
732,515
911,529
898,848
749,752
912,557
698,263
535,834
1,159,358
1,259,972
1,060,187
1,136,784
1,084,359
1,229,391
1,113,078
2,228,071
2,042,870
2,042,8702,228,0711,113,0781,229,3911,084,3591,136,7841,060,1871,259,9721,159,358535,834698,263912,557749,752898,848911,529732,515830,409751,0711,031,590911,826871,957812,204000000000000000000000000000000000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
37,000
43,486
30,142
38,806
31,306
30,212
43,005
0
0
0
0
0
0
310,705
110,966
170,404
384
140,265
120,336
170,050
170,050120,336140,265384170,404110,966310,70500000043,00530,21231,30638,80630,14243,48637,00000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
108,439
119,211
110,432
114,947
116,212
132,645
153,151
138,447
153,153
153,049
167,727
177,641
159,943
147,086
190,621
184,300
210,315
195,827
217,744
220,975
211,144
276,715
256,486
244,109
261,021
266,715
258,030
239,751
247,618
291,030
277,632
205,517
216,609
250,863
311,996
280,935
307,203
339,796
323,962
305,424
304,554
349,162
319,838
278,379
311,099
326,259
323,872
332,453
376,217
459,183
481,167
387,677
403,939
410,977
1,011,834
1,016,215
1,065,189
1,076,896
1,057,573
1,084,231
1,085,511
1,375,452
1,240,478
1,553,768
1,405,142
1,752,325
1,405,170
1,921,737
1,673,527
2,279,300
1,640,400
2,317,833
896,402
905,525
817,461
2,340,310
1,206,971
2,956,600
2,305,340
2,754,421
2,323,944
1,784,932
1,536,833
1,524,730
1,677,639
1,734,461
1,728,753
1,691,903
1,092,291
1,660,917
1,692,090
1,692,0901,660,9171,092,2911,691,9031,728,7531,734,4611,677,6391,524,7301,536,8331,784,9322,323,9442,754,4212,305,3402,956,6001,206,9712,340,310817,461905,525896,4022,317,8331,640,4002,279,3001,673,5271,921,7371,405,1701,752,3251,405,1421,553,7681,240,4781,375,4521,085,5111,084,2311,057,5731,076,8961,065,1891,016,2151,011,834410,977403,939387,677481,167459,183376,217332,453323,872326,259311,099278,379319,838349,162304,554305,424323,962339,796307,203280,935311,996250,863216,609205,517277,632291,030247,618239,751258,030266,715261,021244,109256,486276,715211,144220,975217,744195,827210,315184,300190,621147,086159,943177,641167,727153,049153,153138,447153,151132,645116,212114,947110,432119,211108,439
       Other Current Assets 
38,251
29,395
30,090
60,264
69,955
117,005
122,734
63,754
85,861
59,652
176,155
105,063
118,481
73,613
114,971
59,157
71,397
69,686
70,876
60,908
72,258
64,009
82,666
70,063
97,838
70,622
84,740
62,853
81,932
83,924
85,381
63,114
66,434
64,350
75,199
78,469
99,772
120,388
126,520
91,415
112,632
116,498
143,639
93,828
102,432
59,157
91,894
85,289
85,736
119,295
123,851
122,338
124,763
126,183
212,264
153,889
160,129
164,626
224,236
138,978
230,714
193,989
474,377
129,330
442,402
172,571
499,363
198,016
902,863
248,960
1,084,813
211,848
1,456,647
1,608,852
1,461,808
168,147
1,580,808
230,060
835,032
220,968
773,326
77,422
149,294
140,284
244,877
160,661
189,566
80,723
15,011
350,417
73,748
73,748350,41715,01180,723189,566160,661244,877140,284149,29477,422773,326220,968835,032230,0601,580,808168,1471,461,8081,608,8521,456,647211,8481,084,813248,960902,863198,016499,363172,571442,402129,330474,377193,989230,714138,978224,236164,626160,129153,889212,264126,183124,763122,338123,851119,29585,73685,28991,89459,157102,43293,828143,639116,498112,63291,415126,520120,38899,77278,46975,19964,35066,43463,11485,38183,92481,93262,85384,74070,62297,83870,06382,66664,00972,25860,90870,87669,68671,39759,157114,97173,613118,481105,063176,15559,65285,86163,754122,734117,00569,95560,26430,09029,39538,251
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,426,017
3,511,517
3,599,485
3,845,690
3,593,214
3,833,239
3,743,883
3,734,268
3,917,164
3,197,127
3,219,975
3,202,721
3,139,112
3,236,200
3,392,454
3,725,779
3,803,132
3,946,103
4,063,186
4,063,1863,946,1033,803,1323,725,7793,392,4543,236,2003,139,1123,202,7213,219,9753,197,1273,917,1643,734,2683,743,8833,833,2393,593,2143,845,6903,599,4853,511,5173,426,017000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
125,697
175,209
173,668
167,161
172,716
174,955
176,977
217,950
219,410
225,829
231,784
239,847
244,973
249,414
249,822
256,046
254,003
254,394
256,653
255,639
249,406
268,198
267,412
278,241
281,780
319,264
282,950
351,623
327,805
389,403
367,118
418,265
399,303
452,460
431,633
484,363
461,882
517,729
504,879
578,094
555,530
602,141
591,591
636,789
647,403
697,483
670,496
707,596
673,033
701,340
661,816
694,893
682,863
680,986
2,153,806
2,178,423
2,168,710
2,156,528
2,148,748
2,154,603
2,126,454
2,138,681
2,133,719
2,176,152
2,156,760
2,162,388
2,156,304
2,184,658
2,181,958
2,186,937
2,193,321
2,216,114
2,237,443
2,233,837
2,260,281
2,314,042
2,303,063
2,533,091
2,533,008
2,582,155
2,600,710
2,622,708
2,626,369
2,630,852
2,583,646
2,659,716
2,807,840
2,845,279
2,925,815
3,107,762
3,214,523
3,214,5233,107,7622,925,8152,845,2792,807,8402,659,7162,583,6462,630,8522,626,3692,622,7082,600,7102,582,1552,533,0082,533,0912,303,0632,314,0422,260,2812,233,8372,237,4432,216,1142,193,3212,186,9372,181,9582,184,6582,156,3042,162,3882,156,7602,176,1522,133,7192,138,6812,126,4542,154,6032,148,7482,156,5282,168,7102,178,4232,153,806680,986682,863694,893661,816701,340673,033707,596670,496697,483647,403636,789591,591602,141555,530578,094504,879517,729461,882484,363431,633452,460399,303418,265367,118389,403327,805351,623282,950319,264281,780278,241267,412268,198249,406255,639256,653254,394254,003256,046249,822249,414244,973239,847231,784225,829219,410217,950176,977174,955172,716167,161173,668175,209125,697
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
429
0
32,068
727
727
727
727
727
727
727
727
727
727
727
727
727
727
727
727
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000072772772772772772772772772772772772772772772772732,06804290000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
393,500
297,030
275,395
41,008
40,967
41,018
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000041,01840,96741,008275,395297,030393,500000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
4,780
4,518
4,257
14
14
14
14
0
776
679
45
40
38
33
43
34
34
76
64
56
48
40
15,934
11,592
33,544
11,163
53,168
11,068
46,801
7,624
43,049
7,286
43,404
6,947
44,287
11,740
47,185
11,141
52,130
11,726
33,341
11,056
32,999
43,196
43,496
11,591
44,900
13,521
47,203
14,438
46,599
9,474
40,405
39,483
348,721
315,431
312,850
311,885
309,250
308,873
307,304
304,833
296,797
324,407
321,655
320,966
318,184
311,066
308,286
304,290
301,555
305,524
423,565
206,622
511,402
333,527
341,983
376,335
396,494
390,744
386,118
396,203
415,687
407,121
384,928
384,698
385,789
502,895
497,134
508,288
515,280
515,280508,288497,134502,895385,789384,698384,928407,121415,687396,203386,118390,744396,494376,335341,983333,527511,402206,622423,565305,524301,555304,290308,286311,066318,184320,966321,655324,407296,797304,833307,304308,873309,250311,885312,850315,431348,72139,48340,4059,47446,59914,43847,20313,52144,90011,59143,49643,19632,99911,05633,34111,72652,13011,14147,18511,74044,2876,94743,4047,28643,0497,62446,80111,06853,16811,16333,54411,59215,9344048566476343443333840456797760141414144,2574,5184,780
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
56,662
72,617
53,063
92,240
109,979
60,598
2,591,662
51,317
51,696
92,985
94,980
54,245
60,484
83,358
89,990
198,733
199,427
152,096
150,883
150,883152,096199,427198,73389,99083,35860,48454,24594,98092,98551,69651,3172,591,66260,598109,97992,24053,06372,61756,662000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
230,905
214,070
214,545
296,090
319,428
345,110
330,324
380,046
396,758
388,201
449,898
438,320
463,847
486,274
505,138
454,192
475,216
454,128
457,056
470,817
453,815
491,585
452,199
434,575
464,909
515,963
508,882
542,461
547,433
561,524
600,797
589,369
549,431
510,840
582,420
601,703
639,254
713,938
822,532
846,448
806,514
881,211
899,766
896,167
890,441
944,562
949,905
951,927
1,056,253
1,101,564
1,118,798
1,151,791
1,162,914
1,398,154
3,073,783
2,857,269
2,852,461
3,164,524
3,151,308
3,273,414
3,406,876
3,673,921
4,347,315
4,315,948
4,365,779
4,436,665
4,579,793
5,105,529
5,559,045
5,462,735
5,693,070
5,754,440
6,022,082
5,870,006
5,840,959
5,658,122
5,927,315
6,805,409
6,396,160
6,383,727
6,184,653
4,123,875
3,861,440
3,999,806
4,225,825
4,071,092
4,268,689
4,399,736
4,486,844
4,477,092
4,549,036
4,549,0364,477,0924,486,8444,399,7364,268,6894,071,0924,225,8253,999,8063,861,4404,123,8756,184,6536,383,7276,396,1606,805,4095,927,3155,658,1225,840,9595,870,0066,022,0825,754,4405,693,0705,462,7355,559,0455,105,5294,579,7934,436,6654,365,7794,315,9484,347,3153,673,9213,406,8763,273,4143,151,3083,164,5242,852,4612,857,2693,073,7831,398,1541,162,9141,151,7911,118,7981,101,5641,056,253951,927949,905944,562890,441896,167899,766881,211806,514846,448822,532713,938639,254601,703582,420510,840549,431589,369600,797561,524547,433542,461508,882515,963464,909434,575452,199491,585453,815470,817457,056454,128475,216454,192505,138486,274463,847438,320449,898388,201396,758380,046330,324345,110319,428296,090214,545214,070230,905
   > Total Current Liabilities 
159,204
162,370
192,845
251,063
264,103
289,784
274,998
327,020
343,732
335,175
395,872
399,194
361,721
384,161
403,102
372,019
403,043
381,955
392,884
418,644
411,306
449,076
429,690
413,197
416,530
467,782
460,371
462,887
467,042
481,269
504,944
544,483
504,581
415,590
484,170
511,797
570,849
680,085
790,853
808,069
786,082
851,880
873,314
861,993
855,067
826,668
829,545
814,444
477,154
562,945
586,346
615,895
630,647
850,892
2,653,643
2,391,286
2,388,416
2,709,305
2,766,016
2,630,060
2,779,093
3,027,276
3,045,557
3,114,567
3,159,372
3,237,795
3,272,351
3,520,191
3,952,502
3,512,472
3,526,521
4,419,499
4,537,898
4,306,401
3,960,402
3,914,395
4,262,720
4,937,412
4,875,568
4,710,813
4,585,008
3,501,261
3,269,672
3,339,226
3,557,762
3,290,720
3,332,074
3,250,594
3,296,768
3,368,626
3,421,740
3,421,7403,368,6263,296,7683,250,5943,332,0743,290,7203,557,7623,339,2263,269,6723,501,2614,585,0084,710,8134,875,5684,937,4124,262,7203,914,3953,960,4024,306,4014,537,8984,419,4993,526,5213,512,4723,952,5023,520,1913,272,3513,237,7953,159,3723,114,5673,045,5573,027,2762,779,0932,630,0602,766,0162,709,3052,388,4162,391,2862,653,643850,892630,647615,895586,346562,945477,154814,444829,545826,668855,067861,993873,314851,880786,082808,069790,853680,085570,849511,797484,170415,590504,581544,483504,944481,269467,042462,887460,371467,782416,530413,197429,690449,076411,306418,644392,884381,955403,043372,019403,102384,161361,721399,194395,872335,175343,732327,020274,998289,784264,103251,063192,845162,370159,204
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
33,245
49,267
694,918
1,862,088
1,955,275
1,953,312
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,953,3121,955,2751,862,088694,91849,26733,245000000000000000000000000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
33,245
49,267
694,918
1,862,088
1,955,275
1,953,312
1,861,021
2,096,855
2,177,318
2,197,872
1,610,188
1,626,534
534,387
549,098
520,544
895,561
902,831
823,372
702,640
825,926
785,424
743,330
743,330785,424825,926702,640823,372902,831895,561520,544549,098534,3871,626,5341,610,1882,197,8722,177,3182,096,8551,861,0211,953,3121,955,2751,862,088694,91849,26733,245000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
18,491
44,114
37,521
35,117
46,598
45,484
47,114
59,653
64,541
87,383
101,342
83,206
69,486
66,858
80,392
72,497
70,742
82,775
91,639
80,195
78,504
124,438
98,906
97,268
96,527
103,643
99,027
117,652
122,118
124,632
142,024
153,585
130,886
131,270
147,346
168,630
194,768
218,369
242,443
232,438
270,693
263,903
285,621
323,960
319,034
323,683
325,166
284,922
281,960
289,726
294,068
283,190
322,655
391,372
1,104,548
1,024,896
986,810
1,154,398
1,147,889
1,052,712
1,097,928
1,192,342
1,193,171
1,247,759
1,216,169
1,224,022
1,229,779
1,213,213
1,457,767
1,325,178
1,348,347
1,438,175
1,401,441
1,292,582
1,142,772
1,221,090
1,286,569
1,431,522
1,363,709
1,480,286
1,571,834
1,520,203
1,615,183
1,704,578
1,778,495
1,786,579
1,859,044
1,874,178
1,851,912
1,963,383
1,999,733
1,999,7331,963,3831,851,9121,874,1781,859,0441,786,5791,778,4951,704,5781,615,1831,520,2031,571,8341,480,2861,363,7091,431,5221,286,5691,221,0901,142,7721,292,5821,401,4411,438,1751,348,3471,325,1781,457,7671,213,2131,229,7791,224,0221,216,1691,247,7591,193,1711,192,3421,097,9281,052,7121,147,8891,154,398986,8101,024,8961,104,548391,372322,655283,190294,068289,726281,960284,922325,166323,683319,034323,960285,621263,903270,693232,438242,443218,369194,768168,630147,346131,270130,886153,585142,024124,632122,118117,65299,027103,64396,52797,26898,906124,43878,50480,19591,63982,77570,74272,49780,39266,85869,48683,206101,34287,38364,54159,65347,11445,48446,59835,11737,52144,11418,491
       Other Current Liabilities 
26,763
34,896
31,964
38,564
56,771
59,722
68,836
83,879
97,131
61,092
104,739
113,288
89,535
102,606
104,764
94,322
112,101
85,980
82,841
85,709
81,652
86,490
88,922
86,229
87,503
125,139
144,344
154,400
175,482
166,548
169,142
148,123
115,559
84,047
120,005
127,650
139,293
165,193
258,602
273,402
263,932
271,553
263,840
231,004
187,356
124,281
124,645
123,050
106,839
140,309
152,581
153,320
125,573
142,658
577,246
431,645
456,377
458,272
484,310
420,478
427,565
443,911
462,037
385,086
445,128
432,263
536,492
491,200
514,282
386,192
456,599
380,459
716,222
533,411
23,910
453,941
517,020
458,283
651,450
681,122
742,715
425,721
485,923
407,402
546,973
334,103
478,706
454,519
56,242
356,393
477,282
477,282356,39356,242454,519478,706334,103546,973407,402485,923425,721742,715681,122651,450458,283517,020453,94123,910533,411716,222380,459456,599386,192514,282491,200536,492432,263445,128385,086462,037443,911427,565420,478484,310458,272456,377431,645577,246142,658125,573153,320152,581140,309106,839123,050124,645124,281187,356231,004263,840271,553263,932273,402258,602165,193139,293127,650120,00584,047115,559148,123169,142166,548175,482154,400144,344125,13987,50386,22988,92286,49081,65285,70982,84185,980112,10194,322104,764102,60689,535113,288104,73961,09297,13183,87968,83659,72256,77138,56431,96434,89626,763
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,484,184
1,563,605
1,880,557
1,743,727
1,664,595
1,867,997
1,520,592
1,672,914
1,599,645
622,614
591,767
660,580
668,063
780,372
936,616
1,149,143
1,190,077
1,108,467
1,127,295
1,127,2951,108,4671,190,0771,149,143936,616780,372668,063660,580591,767622,6141,599,6451,672,9141,520,5921,867,9971,664,5951,743,7271,880,5571,563,6051,484,184000000000000000000000000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-33,245
-49,267
-694,918
-1,862,088
-1,955,275
-1,953,312
0
0
0
0
0
0
7,910
7,316
6,487
5,996
10,885
10,436
10,519
10,033
8,965
8,442
8,4428,96510,03310,51910,43610,8855,9966,4877,3167,910000000-1,953,312-1,955,275-1,862,088-694,918-49,267-33,245000000000000000000000000000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
740,756
819,102
1,118,840
2,000
2,000
8,622
9,583
12,039
14,582
14,207
15,189
15,718
141,990
15,449
152,090
20,342
198,570
197,442
196,081
196,081197,442198,57020,342152,09015,449141,99015,71815,18914,20714,58212,0399,5838,6222,0002,0001,118,840819,102740,756000000000000000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
127,286
142,306
121,452
144,519
210,134
230,365
36,173
45,318
61,671
64,519
60,627
58,422
50,764
73,738
37,506
33,146
32,351
32,798
48,025
0
61,531
71,192
71,19261,531048,02532,79832,35133,14637,50673,73850,76458,42260,62764,51961,67145,31836,173230,365210,134144,519121,452142,306127,286000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
360,093
377,004
386,905
402,042
405,462
523,884
527,424
535,512
539,202
547,623
554,502
563,565
569,883
579,672
593,429
601,758
608,999
617,959
632,959
643,085
650,580
659,184
674,594
676,177
688,397
718,403
734,852
747,359
758,345
807,494
828,918
822,458
835,019
869,349
888,153
918,036
930,887
952,608
975,456
1,006,382
1,024,246
1,068,876
1,096,952
1,122,792
1,125,262
1,096,068
1,094,970
1,109,729
1,113,002
1,107,136
1,090,377
1,081,185
1,073,324
1,066,799
3,000,055
3,005,050
2,994,999
2,968,164
2,910,383
2,792,627
2,756,885
2,737,934
2,767,999
2,810,159
2,815,345
2,812,825
2,820,893
2,825,895
2,828,548
2,829,170
2,803,731
2,554,114
2,557,016
2,560,849
2,551,186
2,214,831
2,192,394
2,031,039
2,092,789
2,153,162
2,224,188
2,367,183
3,203,077
3,224,497
3,285,627
3,383,002
3,437,580
3,502,392
3,561,368
4,808,753
4,787,033
4,787,0334,808,7533,561,3683,502,3923,437,5803,383,0023,285,6273,224,4973,203,0772,367,1832,224,1882,153,1622,092,7892,031,0392,192,3942,214,8312,551,1862,560,8492,557,0162,554,1142,803,7312,829,1702,828,5482,825,8952,820,8932,812,8252,815,3452,810,1592,767,9992,737,9342,756,8852,792,6272,910,3832,968,1642,994,9993,005,0503,000,0551,066,7991,073,3241,081,1851,090,3771,107,1361,113,0021,109,7291,094,9701,096,0681,125,2621,122,7921,096,9521,068,8761,024,2461,006,382975,456952,608930,887918,036888,153869,349835,019822,458828,918807,494758,345747,359734,852718,403688,397676,177674,594659,184650,580643,085632,959617,959608,999601,758593,429579,672569,883563,565554,502547,623539,202535,512527,424523,884405,462402,042386,905377,004360,093
   Common Stock
132,924
132,924
212,678
212,678
212,678
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
232,478
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
348,718
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
693,371
899,371
899,371
899,371
899,371
899,371
899,371
0
1,009,883
1,009,883
1,009,8831,009,8830899,371899,371899,371899,371899,371899,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371693,371348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718348,718232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478232,478212,678212,678212,678132,924132,924
   Retained Earnings 
67,519
77,009
46,357
56,046
59,299
64,283
67,682
70,320
73,730
82,031
88,823
92,454
98,772
108,561
122,319
123,687
130,928
139,888
155,124
157,410
164,922
176,853
192,371
189,032
204,056
234,250
250,856
265,158
277,061
326,648
348,190
334,372
346,111
379,896
399,188
416,317
429,178
451,072
473,640
492,763
510,798
542,039
570,135
584,759
587,440
559,167
556,665
567,012
568,965
563,370
546,517
537,712
622,806
616,185
863,442
880,611
858,906
821,463
770,957
644,370
614,606
589,193
620,515
659,338
664,178
662,999
669,056
675,793
680,012
679,694
654,206
396,018
307,049
307,316
295,811
68,228
44,333
124,304
192,075
223,852
294,544
430,746
482,472
506,305
566,375
662,105
712,367
775,431
718,028
856,080
830,660
830,660856,080718,028775,431712,367662,105566,375506,305482,472430,746294,544223,852192,075124,30444,33368,228295,811307,316307,049396,018654,206679,694680,012675,793669,056662,999664,178659,338620,515589,193614,606644,370770,957821,463858,906880,611863,442616,185622,806537,712546,517563,370568,965567,012556,665559,167587,440584,759570,135542,039510,798492,763473,640451,072429,178416,317399,188379,896346,111334,372348,190326,648277,061265,158250,856234,250204,056189,032192,371176,853164,922157,410155,124139,888130,928123,687122,319108,56198,77292,45488,82382,03173,73070,32067,68264,28359,29956,04646,35777,00967,519
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,046
3,095
5,241
4,191
5,777
7,597
-5,426
-3,968
1,971
-943
-9,483
-7,901
-9,615
-8,827
-11,239
-10,180
-7,411
-3,155
-2,033
0
910,190
8,838
8,838910,1900-2,033-3,155-7,411-10,180-11,239-8,827-9,615-7,901-9,483-9431,971-3,968-5,4267,5975,7774,1915,2413,0953,046000000000000000000000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue3,833,714
Cost of Revenue-3,130,182
Gross Profit703,532703,532
 
Operating Income (+$)
Gross Profit703,532
Operating Expense-3,668,742
Operating Income164,972-2,965,210
 
Operating Expense (+$)
Research Development218,771
Selling General Administrative192,164
Selling And Marketing Expenses-
Operating Expense3,668,742410,935
 
Net Interest Income (+$)
Interest Income5,881
Interest Expense-35,568
Other Finance Cost-18,465
Net Interest Income-11,222
 
Pretax Income (+$)
Operating Income164,972
Net Interest Income-11,222
Other Non-Operating Income Expenses-
Income Before Tax (EBT)172,170164,972
EBIT - interestExpense = -35,568
154,384
189,952
Interest Expense35,568
Earnings Before Interest and Taxes (EBIT)-207,738
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax172,170
Tax Provision--27,309
Net Income From Continuing Ops199,478199,478
Net Income154,384
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-11,222
 

Technical Analysis of Qinchuan
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Qinchuan. The general trend of Qinchuan is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Qinchuan's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Qinchuan Machine Tool & Tool Group Share Co Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 10.61 < 10.90 < 11.23.

The bearish price targets are: 5.88.

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Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Qinchuan Machine Tool & Tool Group Share Co Ltd. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Qinchuan Machine Tool & Tool Group Share Co Ltd. The current macd is 0.18255732.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Qinchuan price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Qinchuan. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Qinchuan price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartQinchuan Machine Tool & Tool Group Share Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Qinchuan Machine Tool & Tool Group Share Co Ltd. The current adx is 22.13.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Qinchuan shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Qinchuan Machine Tool & Tool Group Share Co Ltd. The current sar is 10.46.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Qinchuan Machine Tool & Tool Group Share Co Ltd. The current rsi is 49.46. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Relative Strength Index (RSI) ChartQinchuan Machine Tool & Tool Group Share Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Qinchuan Machine Tool & Tool Group Share Co Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Qinchuan price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Stochastic Oscillator ChartQinchuan Machine Tool & Tool Group Share Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Qinchuan Machine Tool & Tool Group Share Co Ltd. The current cci is -146.10842727.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Commodity Channel Index (CCI) ChartQinchuan Machine Tool & Tool Group Share Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Qinchuan Machine Tool & Tool Group Share Co Ltd. The current cmo is -9.52615048.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Chande Momentum Oscillator (CMO) ChartQinchuan Machine Tool & Tool Group Share Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Qinchuan Machine Tool & Tool Group Share Co Ltd. The current willr is -76.02739726.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Qinchuan is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Williams %R ChartQinchuan Machine Tool & Tool Group Share Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Qinchuan Machine Tool & Tool Group Share Co Ltd.

Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Qinchuan Machine Tool & Tool Group Share Co Ltd. The current atr is 0.4363384.

Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Average True Range (ATR) ChartQinchuan Machine Tool & Tool Group Share Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Qinchuan Machine Tool & Tool Group Share Co Ltd. The current obv is 2,275,387,146.

Qinchuan Machine Tool & Tool Group Share Co Ltd Daily On-Balance Volume (OBV) ChartQinchuan Machine Tool & Tool Group Share Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Qinchuan Machine Tool & Tool Group Share Co Ltd. The current mfi is 49.82.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Money Flow Index (MFI) ChartQinchuan Machine Tool & Tool Group Share Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Qinchuan Machine Tool & Tool Group Share Co Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-21MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Qinchuan Machine Tool & Tool Group Share Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Qinchuan Machine Tool & Tool Group Share Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.465
Ma 20Greater thanMa 509.878
Ma 50Greater thanMa 1008.877
Ma 100Greater thanMa 2009.888
OpenGreater thanClose9.150
Total1/5 (20.0%)
Penke

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