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Zheshang Development Group Co Ltd
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I'm going to help you getting a better view of Zheshang Development Group 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.

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Quick analysis of Zheshang Development Group Co Ltd (30 sec.)










What can you expect buying and holding a share of Zheshang Development Group Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.27
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥12.50
Expected worth in 1 year
¥14.98
How sure are you?
92.5%

+ What do you gain per year?

Total Gains per Share
¥4.46
Return On Investment
60.1%

For what price can you sell your share?

Current Price per Share
¥7.42
Expected price per share
¥6.24 - ¥7.94
How sure are you?
50%

1. Valuation of Zheshang Development Group Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥7.42

Intrinsic Value Per Share

¥-76.25 - ¥-92.09

Total Value Per Share

¥-63.75 - ¥-79.59

2. Growth of Zheshang Development Group Co Ltd (5 min.)




Is Zheshang Development Group Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$1.2b$925.5m$237.1m20.4%

How much money is Zheshang Development Group Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$29.2m$30.7m-$1.4m-5.1%
Net Profit Margin0.4%0.5%--

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

3. Financial Health of Zheshang Development Group Co Ltd (5 min.)




4. Comparing to competitors in the Conglomerates industry (5 min.)




  Industry Rankings (Conglomerates)  


Richest
#88 / 248

Most Revenue
#33 / 248

Most Profit
#78 / 248

Most Efficient
#163 / 248

What can you expect buying and holding a share of Zheshang Development Group Co Ltd? (5 min.)

Welcome investor! Zheshang Development Group Co Ltd's management wants to use your money to grow the business. In return you get a share of Zheshang Development Group Co Ltd.

What can you expect buying and holding a share of Zheshang Development Group Co Ltd?

First you should know what it really means to hold a share of Zheshang Development Group Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Zheshang Development Group Co Ltd is ¥7.42. 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 Zheshang Development Group Co Ltd.
  • 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 Zheshang Development Group Co Ltd, 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 ¥12.50. Based on the TTM, the Book Value Change Per Share is ¥0.62 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.46 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 ¥0.50 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Zheshang Development Group Co Ltd.

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 Eps0.010.2%0.040.6%0.040.6%0.030.5%0.020.3%
Usd Book Value Change Per Share0.040.5%0.091.2%0.060.8%0.060.8%0.040.5%
Usd Dividend Per Share0.010.2%0.070.9%0.040.5%0.050.6%0.030.5%
Usd Total Gains Per Share0.050.6%0.152.1%0.101.3%0.111.4%0.071.0%
Usd Price Per Share1.12-1.21-1.46-1.12-1.40-
Price to Earnings Ratio22.12-10.26-8.86-9.16-68.67-
Price-to-Total Gains Ratio23.56-11.83-16.57-11.94-0.77-
Price to Book Ratio0.65-0.73-1.11-1.14-3.11-
Price-to-Total Gains Ratio23.56-11.83-16.57-11.94-0.77-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.026928
Number of shares973
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.070.05
Usd Book Value Change Per Share0.090.06
Usd Total Gains Per Share0.150.11
Gains per Quarter (973 shares)150.19102.75
Gains per Year (973 shares)600.76410.99
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1267334591187224401
25336681192373449812
3800100217935606731223
41067133623947468981634
513331670299593311222045
6160020053596111913472456
7186723394197130615712867
8213326734798149317953278
9240030075399167920203689
10266733416000186622444100

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%20.00.00.0100.0%40.00.00.0100.0%74.00.011.087.1%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%35.05.00.087.5%65.020.00.076.5%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%79.00.06.092.9%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%37.03.00.092.5%75.010.00.088.2%

Fundamentals of Zheshang Development Group Co Ltd

About Zheshang Development Group Co Ltd

Zhejiang Development Group Co.,Ltd engages in the commodity, financial leasing, online retailing, car sale and after service, and warehousing logistics service businesses in China and internationally. The company trades in screw-thread steel products, wire stocks, round steel products, hot rolled strips and coils, cold rolled products, I-beams, angle and groove bars, and steel feed and iron ore products; and provides value-added services, including wholesale and retail distribution, custom processing, warehouse delivery, financial services, e-commerce, logistics, etc., as well as upstream and downstream supply chain services. It also offers finance leasing, commercial factoring, and industrial bond and supply chain financing services; and industry management software products and services, customized development services for information management software products, software-as-a-service, and information technology management consulting services. In addition, the company provides supply chain integrated service, CRM, power sales management, financial leasing, car free carrier, unified enterprise mobile interconnected, enterprise integration, centralized purchasing management, logistics warehouse management, and cross-border e-commerce platforms, as well as commercial platform for commodities and data analysis platform for steel trade industry. Further, it offers warehousing, transportation, processing, logistics transaction, financial supervision, and other services. Additionally, the company sells and services cars of various brands through its 4S shops; and operates a taxi business. It operates approximately 8 standard 4S shops. The company was formerly known as Zhejiang Materials Development Co., Ltd. and changed its name to Zhejiang Development Group Co.,Ltd in January 2017. Zhejiang Development Group Co.,Ltd was founded in 1999 and is based in Hangzhou, China.

Fundamental data was last updated by Penke on 2024-03-23 04:55:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
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 inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just 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 just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

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

1.1. Profitability of Zheshang Development Group Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Zheshang Development Group Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Zheshang Development Group Co Ltd to the Conglomerates industry mean.
  • A Net Profit Margin of 0.1% means that ¥0.00 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Zheshang Development Group Co Ltd:

  • The MRQ is 0.1%. The company is not making a profit/loss.
  • The TTM is 0.4%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.4%-0.3%
TTM0.4%YOY0.5%-0.1%
TTM0.4%5Y0.5%-0.1%
5Y0.5%10Y0.5%+0.1%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%4.1%-4.0%
TTM0.4%3.9%-3.5%
YOY0.5%3.8%-3.3%
5Y0.5%2.9%-2.4%
10Y0.5%3.8%-3.3%
1.1.2. Return on Assets

Shows how efficient Zheshang Development Group Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Zheshang Development Group Co Ltd to the Conglomerates industry mean.
  • 0.2% Return on Assets means that Zheshang Development Group Co Ltd generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Zheshang Development Group Co Ltd:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.6%-0.5%
TTM0.6%YOY0.7%-0.1%
TTM0.6%5Y0.7%-0.1%
5Y0.7%10Y0.6%+0.1%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%0.8%-0.6%
TTM0.6%0.8%-0.2%
YOY0.7%0.8%-0.1%
5Y0.7%0.7%0.0%
10Y0.6%0.8%-0.2%
1.1.3. Return on Equity

Shows how efficient Zheshang Development Group Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Zheshang Development Group Co Ltd to the Conglomerates industry mean.
  • 1.2% Return on Equity means Zheshang Development Group Co Ltd generated ¥0.01 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Zheshang Development Group Co Ltd:

  • The MRQ is 1.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM3.9%-2.7%
TTM3.9%YOY4.7%-0.8%
TTM3.9%5Y4.4%-0.5%
5Y4.4%10Y3.2%+1.2%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%2.1%-0.9%
TTM3.9%2.0%+1.9%
YOY4.7%3.1%+1.6%
5Y4.4%1.9%+2.5%
10Y3.2%2.2%+1.0%

1.2. Operating Efficiency of Zheshang Development Group Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Zheshang Development Group Co Ltd is operating .

  • Measures how much profit Zheshang Development Group Co Ltd 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 Zheshang Development Group Co Ltd to the Conglomerates industry mean.
  • An Operating Margin of 0.9% means the company generated ¥0.01  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Zheshang Development Group Co Ltd:

  • The MRQ is 0.9%. The company is operating inefficient. -1
  • The TTM is 0.9%. The company is operating inefficient. -1
Trends
Current periodCompared to+/- 
MRQ0.9%TTM0.9%+0.0%
TTM0.9%YOY0.8%+0.1%
TTM0.9%5Y1.1%-0.3%
5Y1.1%10Y0.6%+0.5%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%8.1%-7.2%
TTM0.9%4.7%-3.8%
YOY0.8%7.0%-6.2%
5Y1.1%5.6%-4.5%
10Y0.6%5.1%-4.5%
1.2.2. Operating Ratio

Measures how efficient Zheshang Development Group Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Conglomerates industry mean).
  • An Operation Ratio of 1.98 means that the operating costs are ¥1.98 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Zheshang Development Group Co Ltd:

  • The MRQ is 1.979. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.975. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.979TTM1.975+0.004
TTM1.975YOY1.974+0.001
TTM1.9755Y1.970+0.005
5Y1.97010Y1.521+0.449
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9791.508+0.471
TTM1.9751.497+0.478
YOY1.9741.422+0.552
5Y1.9701.409+0.561
10Y1.5211.189+0.332

1.3. Liquidity of Zheshang Development Group Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Zheshang Development Group Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Conglomerates industry mean).
  • A Current Ratio of 1.19 means the company has ¥1.19 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Zheshang Development Group Co Ltd:

  • The MRQ is 1.193. The company is just able to pay all its short-term debts.
  • The TTM is 1.232. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.193TTM1.232-0.039
TTM1.232YOY1.188+0.044
TTM1.2325Y1.176+0.056
5Y1.17610Y0.648+0.528
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1931.466-0.273
TTM1.2321.480-0.248
YOY1.1881.475-0.287
5Y1.1761.555-0.379
10Y0.6481.494-0.846
1.3.2. Quick Ratio

Measures if Zheshang Development Group Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Zheshang Development Group Co Ltd to the Conglomerates industry mean.
  • A Quick Ratio of 0.17 means the company can pay off ¥0.17 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Zheshang Development Group Co Ltd:

  • The MRQ is 0.173. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.199. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.173TTM0.199-0.026
TTM0.199YOY0.237-0.038
TTM0.1995Y0.275-0.076
5Y0.27510Y0.316-0.041
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1730.719-0.546
TTM0.1990.753-0.554
YOY0.2370.801-0.564
5Y0.2750.864-0.589
10Y0.3160.826-0.510

1.4. Solvency of Zheshang Development Group Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Zheshang Development Group Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Zheshang Development Group Co Ltd to Conglomerates industry mean.
  • A Debt to Asset Ratio of 0.79 means that Zheshang Development Group Co Ltd assets are financed with 79.1% credit (debt) and the remaining percentage (100% - 79.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Zheshang Development Group Co Ltd:

  • The MRQ is 0.791. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.766. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.791TTM0.766+0.025
TTM0.766YOY0.792-0.027
TTM0.7665Y0.799-0.033
5Y0.79910Y0.778+0.021
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7910.551+0.240
TTM0.7660.559+0.207
YOY0.7920.563+0.229
5Y0.7990.569+0.230
10Y0.7780.556+0.222
1.4.2. Debt to Equity Ratio

Measures if Zheshang Development Group Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Zheshang Development Group Co Ltd to the Conglomerates industry mean.
  • A Debt to Equity ratio of 605.0% means that company has ¥6.05 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Zheshang Development Group Co Ltd:

  • The MRQ is 6.050. The company is unable to pay all its debts with equity. -1
  • The TTM is 5.243. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ6.050TTM5.243+0.808
TTM5.243YOY5.591-0.348
TTM5.2435Y5.357-0.114
5Y5.35710Y4.522+0.835
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ6.0501.308+4.742
TTM5.2431.348+3.895
YOY5.5911.456+4.135
5Y5.3571.574+3.783
10Y4.5221.498+3.024

2. Market Valuation of Zheshang Development Group 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 Zheshang Development Group Co Ltd generates.

  • Above 15 is considered overpriced but always compare Zheshang Development Group Co Ltd to the Conglomerates industry mean.
  • A PE ratio of 22.12 means the investor is paying ¥22.12 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Zheshang Development Group Co Ltd:

  • The EOD is 20.264. Based on the earnings, the company is fair priced.
  • The MRQ is 22.121. Based on the earnings, the company is fair priced.
  • The TTM is 10.264. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD20.264MRQ22.121-1.857
MRQ22.121TTM10.264+11.857
TTM10.264YOY8.859+1.405
TTM10.2645Y9.165+1.099
5Y9.16510Y68.672-59.507
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD20.2647.557+12.707
MRQ22.1217.358+14.763
TTM10.2647.358+2.906
YOY8.8597.337+1.522
5Y9.1658.424+0.741
10Y68.67214.700+53.972
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Zheshang Development Group Co Ltd:

  • The EOD is -0.383. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.418. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.775. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.383MRQ-0.418+0.035
MRQ-0.418TTM-0.775+0.356
TTM-0.775YOY0.369-1.143
TTM-0.7755Y-0.459-0.316
5Y-0.45910Y5.380-5.839
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD-0.3832.262-2.645
MRQ-0.4182.098-2.516
TTM-0.7751.082-1.857
YOY0.3690.520-0.151
5Y-0.4590.861-1.320
10Y5.3800.702+4.678
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Zheshang Development Group Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Conglomerates industry mean).
  • A PB ratio of 0.65 means the investor is paying ¥0.65 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Zheshang Development Group Co Ltd:

  • The EOD is 0.594. Based on the equity, the company is cheap. +2
  • The MRQ is 0.648. Based on the equity, the company is cheap. +2
  • The TTM is 0.733. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.594MRQ0.648-0.054
MRQ0.648TTM0.733-0.085
TTM0.733YOY1.109-0.376
TTM0.7335Y1.140-0.407
5Y1.14010Y3.115-1.975
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD0.5940.950-0.356
MRQ0.6480.901-0.253
TTM0.7330.944-0.211
YOY1.1091.032+0.077
5Y1.1401.110+0.030
10Y3.1151.303+1.812
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Zheshang Development Group 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--0.2550.620-59%0.455-44%0.417-39%0.262-3%
Book Value Per Share--12.49712.010+4%9.560+31%7.619+64%5.162+142%
Current Ratio--1.1931.232-3%1.188+0%1.176+1%0.648+84%
Debt To Asset Ratio--0.7910.766+3%0.7920%0.799-1%0.778+2%
Debt To Equity Ratio--6.0505.243+15%5.591+8%5.357+13%4.522+34%
Dividend Per Share--0.0890.495-82%0.260-66%0.346-74%0.250-65%
Eps--0.0920.302-70%0.318-71%0.251-63%0.150-39%
Free Cash Flow Per Share---4.839-1.487-69%1.625-398%-0.235-95%-0.177-96%
Free Cash Flow To Equity Per Share---1.810-3.166+75%-0.045-98%-0.297-84%-0.198-89%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---92.088--------
Intrinsic Value_10Y_min---76.249--------
Intrinsic Value_1Y_max---0.920--------
Intrinsic Value_1Y_min---0.899--------
Intrinsic Value_3Y_max---9.096--------
Intrinsic Value_3Y_min---8.556--------
Intrinsic Value_5Y_max---24.905--------
Intrinsic Value_5Y_min---22.571--------
Market Cap5190230402.560-9%5665885029.9006138042041.475-8%7391881371.840-23%5745024639.119-1%7133642515.624-21%
Net Profit Margin--0.0010.004-73%0.005-76%0.005-78%0.005-75%
Operating Margin--0.0090.009+2%0.008+12%0.011-21%0.006+42%
Operating Ratio--1.9791.975+0%1.974+0%1.970+0%1.521+30%
Pb Ratio0.594-9%0.6480.733-12%1.109-42%1.140-43%3.115-79%
Pe Ratio20.264-9%22.12110.264+116%8.859+150%9.165+141%68.672-68%
Price Per Share7.420-9%8.1008.775-8%10.568-23%8.1080%10.146-20%
Price To Free Cash Flow Ratio-0.383+8%-0.418-0.775+85%0.369-214%-0.459+10%5.380-108%
Price To Total Gains Ratio21.579-9%23.55611.832+99%16.568+42%11.941+97%0.773+2949%
Quick Ratio--0.1730.199-13%0.237-27%0.275-37%0.316-45%
Return On Assets--0.0020.006-76%0.007-78%0.007-78%0.006-72%
Return On Equity--0.0120.039-70%0.047-75%0.044-73%0.032-63%
Total Gains Per Share--0.3441.115-69%0.716-52%0.763-55%0.512-33%
Usd Book Value--1209788908.6891162694464.677+4%925524569.768+31%743127430.501+63%502479214.448+141%
Usd Book Value Change Per Share--0.0350.086-59%0.063-44%0.058-39%0.036-3%
Usd Book Value Per Share--1.7301.662+4%1.323+31%1.054+64%0.714+142%
Usd Dividend Per Share--0.0120.069-82%0.036-66%0.048-74%0.035-65%
Usd Eps--0.0130.042-70%0.044-71%0.035-63%0.021-39%
Usd Free Cash Flow---468463761.942-143988355.081-69%157357441.528-398%-23073299.941-95%-10917600.282-98%
Usd Free Cash Flow Per Share---0.670-0.206-69%0.225-398%-0.032-95%-0.025-96%
Usd Free Cash Flow To Equity Per Share---0.250-0.438+75%-0.006-98%-0.041-84%-0.027-89%
Usd Market Cap718327887.714-9%784158488.138849505018.540-8%1023036381.863-23%795111410.054-1%987296124.162-21%
Usd Price Per Share1.027-9%1.1211.214-8%1.463-23%1.1220%1.404-20%
Usd Profit--8861977.78229250032.562-70%30738093.072-71%24446050.442-64%14588849.872-39%
Usd Revenue--7465093860.0476906563409.193+8%6277707364.984+19%5007590426.612+49%3115815769.634+140%
Usd Total Gains Per Share--0.0480.154-69%0.099-52%0.106-55%0.071-33%
 EOD+3 -5MRQTTM+10 -25YOY+11 -245Y+9 -2610Y+11 -24

3.2. Fundamental Score

Let's check the fundamental score of Zheshang Development Group Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1520.264
Price to Book Ratio (EOD)Between0-10.594
Net Profit Margin (MRQ)Greater than00.001
Operating Margin (MRQ)Greater than00.009
Quick Ratio (MRQ)Greater than10.173
Current Ratio (MRQ)Greater than11.193
Debt to Asset Ratio (MRQ)Less than10.791
Debt to Equity Ratio (MRQ)Less than16.050
Return on Equity (MRQ)Greater than0.150.012
Return on Assets (MRQ)Greater than0.050.002
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Zheshang Development Group Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.411
Ma 20Greater thanMa 507.522
Ma 50Greater thanMa 1007.240
Ma 100Greater thanMa 2007.303
OpenGreater thanClose7.330
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets41,881,314
Total Liabilities33,140,064
Total Stockholder Equity5,477,447
 As reported
Total Liabilities 33,140,064
Total Stockholder Equity+ 5,477,447
Total Assets = 41,881,314

Assets

Total Assets41,881,314
Total Current Assets39,069,287
Long-term Assets2,812,026
Total Current Assets
Cash And Cash Equivalents 5,328,973
Short-term Investments 345,033
Net Receivables 5,327,299
Inventory 15,264,062
Other Current Assets 12,803,920
Total Current Assets  (as reported)39,069,287
Total Current Assets  (calculated)39,069,287
+/- 0
Long-term Assets
Property Plant Equipment 1,479,343
Goodwill 7,533
Intangible Assets 396,229
Other Assets 589,135
Long-term Assets  (as reported)2,812,026
Long-term Assets  (calculated)2,472,240
+/- 339,787

Liabilities & Shareholders' Equity

Total Current Liabilities32,751,335
Long-term Liabilities388,729
Total Stockholder Equity5,477,447
Total Current Liabilities
Short Long Term Debt 7,178,423
Accounts payable 11,786,961
Other Current Liabilities 13,378,565
Total Current Liabilities  (as reported)32,751,335
Total Current Liabilities  (calculated)32,343,948
+/- 407,387
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt276,090
Other Liabilities 105,763
Deferred Long Term Liability 9,409
Long-term Liabilities  (as reported)388,729
Long-term Liabilities  (calculated)391,262
+/- 2,533
Total Stockholder Equity
Common Stock699,492
Retained Earnings 2,937,025
Other Stockholders Equity 1,019,485
Total Stockholder Equity (as reported)5,477,447
Total Stockholder Equity (calculated)4,656,002
+/- 821,446
Other
Capital Stock699,492
Common Stock Shares Outstanding 699,492
Net Debt 1,856,325
Net Invested Capital 12,662,745
Net Tangible Assets 5,075,783
Net Working Capital 6,317,952
Property Plant and Equipment Gross 1,479,343



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 
757,609
732,316
852,418
954,292
937,241
958,902
992,094
1,193,076
1,236,938
1,270,981
1,352,573
1,274,936
1,446,856
1,396,699
1,505,110
1,519,797
1,318,673
1,284,353
1,251,322
1,299,767
1,304,144
1,416,724
1,418,131
1,313,346
1,381,438
1,318,302
1,359,995
1,335,084
1,358,649
1,388,851
1,637,990
1,677,031
2,091,669
2,050,938
2,079,080
1,854,026
2,482,903
4,310,119
4,215,149
3,331,600
4,620,503
4,830,344
5,360,005
4,304,515
5,531,141
5,338,652
4,624,651
3,878,168
5,884,984
5,749,555
5,447,116
4,363,490
5,819,320
6,440,801
6,043,766
5,464,250
6,129,568
6,236,699
6,441,085
6,014,468
7,076,807
7,290,038
8,167,694
7,283,394
9,056,869
9,237,603
9,828,697
10,758,394
11,671,039
12,475,411
13,189,803
11,640,024
14,636,036
15,378,310
17,659,384
14,713,541
26,868,170
24,553,383
25,596,005
18,198,961
27,847,543
32,256,303
35,804,163
23,094,115
35,258,534
35,610,455
39,651,737
26,071,392
41,443,485
38,232,561
41,881,314
41,881,31438,232,56141,443,48526,071,39239,651,73735,610,45535,258,53423,094,11535,804,16332,256,30327,847,54318,198,96125,596,00524,553,38326,868,17014,713,54117,659,38415,378,31014,636,03611,640,02413,189,80312,475,41111,671,03910,758,3949,828,6979,237,6039,056,8697,283,3948,167,6947,290,0387,076,8076,014,4686,441,0856,236,6996,129,5685,464,2506,043,7666,440,8015,819,3204,363,4905,447,1165,749,5555,884,9843,878,1684,624,6515,338,6525,531,1414,304,5155,360,0054,830,3444,620,5033,331,6004,215,1494,310,1192,482,9031,854,0262,079,0802,050,9382,091,6691,677,0311,637,9901,388,8511,358,6491,335,0841,359,9951,318,3021,381,4381,313,3461,418,1311,416,7241,304,1441,299,7671,251,3221,284,3531,318,6731,519,7971,505,1101,396,6991,446,8561,274,9361,352,5731,270,9811,236,9381,193,076992,094958,902937,241954,292852,418732,316757,609
   > 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
10,897,719
11,837,435
10,266,526
13,504,817
14,110,007
16,388,873
13,348,241
25,440,471
23,077,486
24,071,249
16,458,389
25,914,990
30,277,785
33,774,586
20,848,128
32,969,502
33,310,695
37,061,827
23,696,750
38,994,485
35,634,685
39,069,287
39,069,28735,634,68538,994,48523,696,75037,061,82733,310,69532,969,50220,848,12833,774,58630,277,78525,914,99016,458,38924,071,24923,077,48625,440,47113,348,24116,388,87314,110,00713,504,81710,266,52611,837,43510,897,719000000000000000000000000000000000000000000000000000000000000000000000
       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
2,170,492
2,167,791
2,056,036
3,064,582
2,738,451
2,964,260
2,514,193
3,838,310
3,936,126
3,293,643
3,645,728
3,989,947
4,426,369
5,297,846
6,225,931
5,262,271
6,035,818
8,787,243
5,298,273
6,904,193
7,102,489
5,328,973
5,328,9737,102,4896,904,1935,298,2738,787,2436,035,8185,262,2716,225,9315,297,8464,426,3693,989,9473,645,7283,293,6433,936,1263,838,3102,514,1932,964,2602,738,4513,064,5822,056,0362,167,7912,170,492000000000000000000000000000000000000000000000000000000000000000000000
       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
0
54,917
92,662
37,853
50,195
122,062
93,539
124,591
262,224
389,727
346,880
291,542
109,762
75,088
196,422
821,082
406,903
306,557
325,866
345,033
345,033325,866306,557406,903821,082196,42275,088109,762291,542346,880389,727262,224124,59193,539122,06250,19537,85392,66254,917000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
74,308
52,401
52,444
55,323
0
62,435
69,347
70,126
100,919
66,453
80,325
67,119
90,004
62,419
83,034
111,278
100,273
58,202
68,736
59,865
79,738
80,062
73,335
60,209
87,770
78,011
85,054
81,223
81,481
84,602
247,126
148,432
274,832
249,145
342,978
110,002
117,454
295,134
310,114
226,461
558,492
516,736
625,905
450,385
571,083
707,655
668,564
608,640
608,870
946,117
1,012,422
791,872
1,175,704
1,651,780
1,538,101
1,363,368
1,258,645
1,436,534
1,602,157
1,625,419
1,728,796
1,886,194
2,156,788
1,691,037
2,459,626
2,571,360
3,215,615
2,903,164
3,038,711
3,911,423
3,716,624
3,074,802
3,522,655
4,076,496
4,225,261
3,917,516
4,579,695
6,138,955
5,762,363
4,859,397
6,134,871
8,939,916
8,445,374
4,759,156
6,403,620
6,724,552
5,002,697
3,987,422
5,368,398
5,623,951
5,327,299
5,327,2995,623,9515,368,3983,987,4225,002,6976,724,5526,403,6204,759,1568,445,3748,939,9166,134,8714,859,3975,762,3636,138,9554,579,6953,917,5164,225,2614,076,4963,522,6553,074,8023,716,6243,911,4233,038,7112,903,1643,215,6152,571,3602,459,6261,691,0372,156,7881,886,1941,728,7961,625,4191,602,1571,436,5341,258,6451,363,3681,538,1011,651,7801,175,704791,8721,012,422946,117608,870608,640668,564707,655571,083450,385625,905516,736558,492226,461310,114295,134117,454110,002342,978249,145274,832148,432247,12684,60281,48181,22385,05478,01187,77060,20973,33580,06279,73859,86568,73658,202100,273111,27883,03462,41990,00467,11980,32566,453100,91970,12669,34762,435055,32352,44452,40174,308
       Inventory 
51,309
44,250
84,313
107,378
0
125,657
110,530
90,227
103,990
109,186
118,983
91,463
123,905
100,333
81,422
109,999
108,141
155,391
144,092
128,510
140,132
168,702
170,398
129,228
172,045
143,722
140,382
125,813
155,680
182,063
265,131
193,242
376,547
443,361
354,234
404,360
616,847
1,361,222
1,555,745
970,542
1,471,510
1,240,390
1,350,511
1,157,909
1,634,027
1,529,862
820,265
907,621
2,045,349
1,465,053
1,495,309
909,562
1,323,671
1,493,600
1,272,625
1,153,940
1,725,696
1,634,312
1,314,920
1,115,566
1,469,973
1,278,883
1,467,387
1,410,924
1,821,731
1,685,841
1,442,225
2,395,845
2,497,411
2,503,039
2,989,372
3,144,575
3,759,073
3,295,956
4,490,216
4,343,038
10,031,377
8,281,448
9,292,311
4,585,981
8,164,886
9,578,075
10,936,745
5,097,008
9,665,055
8,826,422
11,879,034
5,247,356
15,061,699
11,499,089
15,264,062
15,264,06211,499,08915,061,6995,247,35611,879,0348,826,4229,665,0555,097,00810,936,7459,578,0758,164,8864,585,9819,292,3118,281,44810,031,3774,343,0384,490,2163,295,9563,759,0733,144,5752,989,3722,503,0392,497,4112,395,8451,442,2251,685,8411,821,7311,410,9241,467,3871,278,8831,469,9731,115,5661,314,9201,634,3121,725,6961,153,9401,272,6251,493,6001,323,671909,5621,495,3091,465,0532,045,349907,621820,2651,529,8621,634,0271,157,9091,350,5111,240,3901,471,510970,5421,555,7451,361,222616,847404,360354,234443,361376,547193,242265,131182,063155,680125,813140,382143,722172,045129,228170,398168,702140,132128,510144,092155,391108,141109,99981,422100,333123,90591,463118,983109,186103,99090,227110,530125,6570107,37884,31344,25051,309
   > 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
1,131,219
1,268,303
1,270,511
1,365,300
1,427,699
1,475,897
1,524,755
1,740,573
1,932,553
1,978,518
2,029,577
2,245,987
2,289,032
2,299,760
2,589,910
2,374,642
2,449,000
2,597,876
2,812,026
2,812,0262,597,8762,449,0002,374,6422,589,9102,299,7602,289,0322,245,9872,029,5771,978,5181,932,5531,740,5731,524,7551,475,8971,427,6991,365,3001,270,5111,268,3031,131,219000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
152,055
209,098
282,492
381,075
0
418,072
434,963
564,261
592,642
585,109
584,185
587,235
608,006
629,306
695,436
743,196
550,521
627,151
566,339
622,160
559,646
676,708
617,466
715,707
504,547
668,096
524,222
612,461
457,832
553,707
474,892
508,343
462,994
526,985
433,199
463,141
383,048
426,527
387,481
485,127
408,056
465,726
405,324
507,704
428,682
233,188
160,406
435,811
219,749
493,546
283,326
578,116
524,990
603,902
555,652
633,115
590,228
624,914
582,133
619,726
571,678
556,115
529,089
562,252
521,027
542,548
492,201
260,943
256,190
251,947
293,827
335,934
348,470
369,362
462,911
388,592
375,315
433,310
459,775
513,052
654,680
663,438
672,266
718,605
723,179
870,881
999,100
1,213,522
1,185,008
1,287,662
1,479,343
1,479,3431,287,6621,185,0081,213,522999,100870,881723,179718,605672,266663,438654,680513,052459,775433,310375,315388,592462,911369,362348,470335,934293,827251,947256,190260,943492,201542,548521,027562,252529,089556,115571,678619,726582,133624,914590,228633,115555,652603,902524,990578,116283,326493,546219,749435,811160,406233,188428,682507,704405,324465,726408,056485,127387,481426,527383,048463,141433,199526,985462,994508,343474,892553,707457,832612,461524,222668,096504,547715,707617,466676,708559,646622,160566,339627,151550,521743,196695,436629,306608,006587,235584,185585,109592,642564,261434,963418,0720381,075282,492209,098152,055
       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
4,582
4,582
4,582
4,582
4,582
4,582
4,582
4,582
4,582
4,582
4,582
4,582
4,582
4,582
4,582
4,582
4,582
4,582
4,582
7,533
7,533
7,533
7,533
7,533
7,533
7,533
7,534
7,533
7,533
7,533
7,533
7,533
7,533
7,533
7,533
7,533
7,533
7,533
7,533
7,5337,5337,5337,5337,5337,5337,5337,5337,5337,5337,5337,5337,5347,5337,5337,5337,5337,5337,5337,5334,5824,5824,5824,5824,5824,5824,5824,5824,5824,5824,5824,5824,5824,5824,5824,5824,5824,5824,5820000000000000000000000000000000000000000000000000000
       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
16,317
16,314
0
418,240
423,298
431,724
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000431,724423,298418,240016,31416,317000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
49,000
48,265
0
969
0
915
2,854
66,004
65,572
65,039
64,736
63,308
62,928
62,438
63,271
61,573
61,173
1,513
61,445
1,415
59,776
1,321
104,878
1,219
158,173
800
156,015
900
156,340
51,146
134,389
33,025
81,672
3,330
74,858
465
79,863
28,814
78,568
989
83,565
928
70,459
948
91,739
2,190
324,960
7,264
260,600
6,538
261,818
16,496
255,378
253,441
332,995
264,006
261,635
259,919
257,551
233,810
239,644
239,616
236,860
234,410
231,882
229,502
234,070
105,456
104,174
98,124
98,873
123,072
128,892
34,990
130,181
129,813
314,841
313,051
320,991
323,599
321,687
370,072
368,708
368,972
369,109
366,464
370,392
372,864
372,011
375,676
396,229
396,229375,676372,011372,864370,392366,464369,109368,972368,708370,072321,687323,599320,991313,051314,841129,813130,18134,990128,892123,07298,87398,124104,174105,456234,070229,502231,882234,410236,860239,616239,644233,810257,551259,919261,635264,006332,995253,441255,37816,496261,8186,538260,6007,264324,9602,19091,73994870,45992883,56598978,56828,81479,86346574,8583,33081,67233,025134,38951,146156,340900156,015800158,1731,219104,8781,32159,7761,41561,4451,51361,17361,57363,27162,43862,92863,30864,73665,03965,57266,0042,8549150969048,26549,000
       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
13,920
126,237
118,988
191,386
44,407
43,138
43,030
40,577
39,992
14,232
11,414
11,674
23,178
27,296
29,191
30,384
28,584
27,491
25,619
25,61927,49128,58430,38429,19127,29623,17811,67411,41414,23239,99240,57743,03043,13844,407191,386118,988126,23713,920000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
409,837
368,476
494,214
577,995
559,148
577,627
601,612
743,170
782,537
805,658
879,503
793,622
956,928
900,990
1,005,257
1,039,005
887,545
852,385
819,941
877,793
881,146
1,013,164
1,041,373
941,835
1,010,001
955,907
1,007,687
1,024,669
1,048,561
1,077,492
1,244,558
1,263,852
1,671,818
1,634,903
1,641,920
1,480,679
2,062,448
3,337,358
3,178,497
2,197,417
3,464,875
3,651,996
4,014,223
2,927,593
4,144,196
3,940,641
3,239,225
2,491,417
4,516,445
4,373,717
4,047,499
2,940,859
4,370,925
5,012,824
4,602,740
4,026,462
4,744,204
4,939,152
4,700,875
4,246,607
5,262,449
5,453,746
6,300,407
5,403,061
7,132,192
7,305,130
7,855,411
8,040,698
8,889,912
9,647,487
10,277,206
8,700,377
11,486,656
12,116,855
14,379,148
11,329,963
23,367,324
20,928,138
21,866,317
13,786,581
23,240,192
26,842,981
30,072,086
16,714,691
28,650,681
28,854,322
32,645,881
18,305,174
32,909,709
29,669,917
33,140,064
33,140,06429,669,91732,909,70918,305,17432,645,88128,854,32228,650,68116,714,69130,072,08626,842,98123,240,19213,786,58121,866,31720,928,13823,367,32411,329,96314,379,14812,116,85511,486,6568,700,37710,277,2069,647,4878,889,9128,040,6987,855,4117,305,1307,132,1925,403,0616,300,4075,453,7465,262,4494,246,6074,700,8754,939,1524,744,2044,026,4624,602,7405,012,8244,370,9252,940,8594,047,4994,373,7174,516,4452,491,4173,239,2253,940,6414,144,1962,927,5934,014,2233,651,9963,464,8752,197,4173,178,4973,337,3582,062,4481,480,6791,641,9201,634,9031,671,8181,263,8521,244,5581,077,4921,048,5611,024,6691,007,687955,9071,010,001941,8351,041,3731,013,164881,146877,793819,941852,385887,5451,039,0051,005,257900,990956,928793,622879,503805,658782,537743,170601,612577,627559,148577,995494,214368,476409,837
   > Total Current Liabilities 
390,035
349,694
481,588
518,958
501,299
512,272
539,178
688,047
720,909
744,970
821,124
744,405
904,970
854,348
879,856
918,872
847,412
812,054
779,610
844,683
848,037
980,855
1,009,313
904,079
972,577
919,121
971,246
992,723
1,017,470
1,048,595
1,216,308
1,235,809
1,648,489
1,611,335
1,618,179
1,479,801
2,061,721
3,336,908
3,177,943
2,196,871
3,459,289
3,651,041
4,013,844
2,927,242
4,143,862
3,940,427
3,239,074
2,456,257
4,391,212
4,238,233
3,892,430
2,755,790
4,185,800
4,747,724
4,335,009
3,740,859
4,448,982
4,640,378
4,404,934
3,894,772
4,909,196
5,110,536
5,957,044
5,043,013
6,571,366
7,040,214
7,561,836
7,729,409
8,299,068
9,065,015
9,823,465
8,424,673
11,361,020
11,993,157
14,257,653
11,208,472
23,238,514
20,811,584
21,753,032
13,659,127
22,956,802
26,580,000
29,787,062
16,455,683
28,368,006
28,492,701
32,166,173
17,967,784
32,538,283
29,276,977
32,751,335
32,751,33529,276,97732,538,28317,967,78432,166,17328,492,70128,368,00616,455,68329,787,06226,580,00022,956,80213,659,12721,753,03220,811,58423,238,51411,208,47214,257,65311,993,15711,361,0208,424,6739,823,4659,065,0158,299,0687,729,4097,561,8367,040,2146,571,3665,043,0135,957,0445,110,5364,909,1963,894,7724,404,9344,640,3784,448,9823,740,8594,335,0094,747,7244,185,8002,755,7903,892,4304,238,2334,391,2122,456,2573,239,0743,940,4274,143,8622,927,2424,013,8443,651,0413,459,2892,196,8713,177,9433,336,9082,061,7211,479,8011,618,1791,611,3351,648,4891,235,8091,216,3081,048,5951,017,470992,723971,246919,121972,577904,0791,009,313980,855848,037844,683779,610812,054847,412918,872879,856854,348904,970744,405821,124744,970720,909688,047539,178512,272501,299518,958481,588349,694390,035
       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
0
0
247,000
3,783,722
3,404,073
5,354,815
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000005,354,8153,404,0733,783,722247,00000000000000000000000000000000000000000000000000000000000000000000000000
       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
0
0
247,000
3,783,722
3,404,073
5,354,815
3,477,335
10,656,112
7,746,624
9,815,234
3,279,577
8,625,805
9,935,299
9,586,020
3,226,109
9,431,227
8,775,772
5,851,007
6,425,100
7,639,424
5,480,774
7,178,423
7,178,4235,480,7747,639,4246,425,1005,851,0078,775,7729,431,2273,226,1099,586,0209,935,2998,625,8053,279,5779,815,2347,746,62410,656,1123,477,3355,354,8153,404,0733,783,722247,00000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
95,062
75,037
136,555
129,052
0
149,509
158,661
209,832
232,631
249,945
302,740
312,593
380,809
360,277
371,005
428,445
394,574
388,629
373,885
431,461
422,411
521,223
438,430
369,208
438,106
378,181
409,575
456,844
485,336
515,795
472,985
485,038
455,347
767,312
811,525
749,550
1,028,239
1,270,182
1,475,882
1,011,486
1,569,348
2,544,780
2,697,334
1,801,104
2,820,643
2,827,979
2,174,253
1,708,333
2,701,180
2,622,332
2,493,547
2,137,298
2,694,047
2,924,572
2,561,098
2,079,935
2,209,789
2,469,788
2,004,640
2,162,264
2,237,861
2,286,898
2,728,263
2,452,161
3,319,682
2,941,893
2,696,102
2,515,997
2,526,434
3,813,146
4,318,588
4,029,117
4,885,230
5,738,298
5,657,408
4,917,914
7,116,880
8,406,484
6,818,907
5,359,095
8,823,001
10,851,355
11,713,484
8,714,558
11,627,316
14,979,876
16,098,102
6,489,841
13,657,543
13,310,716
11,786,961
11,786,96113,310,71613,657,5436,489,84116,098,10214,979,87611,627,3168,714,55811,713,48410,851,3558,823,0015,359,0956,818,9078,406,4847,116,8804,917,9145,657,4085,738,2984,885,2304,029,1174,318,5883,813,1462,526,4342,515,9972,696,1022,941,8933,319,6822,452,1612,728,2632,286,8982,237,8612,162,2642,004,6402,469,7882,209,7892,079,9352,561,0982,924,5722,694,0472,137,2982,493,5472,622,3322,701,1801,708,3332,174,2532,827,9792,820,6431,801,1042,697,3342,544,7801,569,3481,011,4861,475,8821,270,1821,028,239749,550811,525767,312455,347485,038472,985515,795485,336456,844409,575378,181438,106369,208438,430521,223422,411431,461373,885388,629394,574428,445371,005360,277380,809312,593302,740249,945232,631209,832158,661149,5090129,052136,55575,03795,062
       Other Current Liabilities 
28,507
41,977
23,343
42,726
501,299
48,663
56,165
89,919
86,528
107,375
110,884
71,011
81,111
97,371
74,851
118,812
79,578
68,772
93,755
103,052
116,636
99,842
199,315
197,951
152,001
173,160
195,871
233,079
268,234
278,900
257,273
191,771
524,142
254,023
281,154
212,404
295,884
1,390,510
1,130,789
600,519
901,348
380,735
677,798
441,059
482,199
492,581
672,366
619,137
1,238,745
1,426,673
1,130,373
538,448
1,239,040
1,628,152
1,626,683
1,385,922
1,691,690
1,028,796
1,320,234
945,526
1,088,110
762,443
941,081
1,187,574
1,106,622
1,244,721
1,517,964
2,228,067
2,220,559
1,649,494
1,896,605
2,011,950
4,418
152,000
2,686,439
2,511,894
4,771,211
3,747,464
4,541,626
4,007,430
5,300,876
4,617,640
8,182,256
3,731,939
6,927,522
2,977,739
8,244,069
4,496,187
2,430,863
8,297,746
13,378,565
13,378,5658,297,7462,430,8634,496,1878,244,0692,977,7396,927,5223,731,9398,182,2564,617,6405,300,8764,007,4304,541,6263,747,4644,771,2112,511,8942,686,439152,0004,4182,011,9501,896,6051,649,4942,220,5592,228,0671,517,9641,244,7211,106,6221,187,574941,081762,4431,088,110945,5261,320,2341,028,7961,691,6901,385,9221,626,6831,628,1521,239,040538,4481,130,3731,426,6731,238,745619,137672,366492,581482,199441,059677,798380,735901,348600,5191,130,7891,390,510295,884212,404281,154254,023524,142191,771257,273278,900268,234233,079195,871173,160152,001197,951199,31599,842116,636103,05293,75568,77279,578118,81274,85197,37181,11171,011110,884107,37586,52889,91956,16548,663501,29942,72623,34341,97728,507
   > 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
125,636
123,698
121,495
121,492
128,810
116,554
113,285
127,454
283,390
262,982
285,024
259,008
282,676
361,622
479,708
337,390
371,426
392,941
388,729
388,729392,941371,426337,390479,708361,622282,676259,008285,024262,982283,390127,454113,285116,554128,810121,492121,495123,698125,636000000000000000000000000000000000000000000000000000000000000000000000000
       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
0
0
-247,000
-3,783,722
-3,404,073
-5,354,815
0
0
0
0
0
142,892
127,329
146,118
124,576
133,859
215,703
255,702
243,734
234,783
248,354
276,090
276,090248,354234,783243,734255,702215,703133,859124,576146,118127,329142,89200000-5,354,815-3,404,073-3,783,722-247,00000000000000000000000000000000000000000000000000000000000000000000000000
       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
74,850
81,150
8,870
3,456
3,456
3,023
3,023
879
879
851
851
80
80
0
0
0
0
0
852
8520000080808518518798793,0233,0233,4563,4568,87081,15074,850000000000000000000000000000000000000000000000000000000000000000000000000
       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
25,061
21,398
18,463
19,699
20,036
13,668
17,869
16,443
17,961
19,195
31,481
28,050
16,795
15,099
13,908
18,344
19,163
20,934
0
0
9,469
9,409
9,4099,4690020,93419,16318,34413,90815,09916,79528,05031,48119,19517,96116,44317,86913,66820,03619,69918,46321,39825,061000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
344,412
360,679
355,093
366,205
367,802
370,568
377,660
387,392
389,565
394,317
400,467
409,190
410,872
413,393
414,337
414,367
416,293
417,330
416,752
411,572
412,572
381,739
355,328
339,828
339,480
331,004
320,537
282,175
279,890
283,355
287,513
289,546
285,186
279,783
295,421
306,111
319,296
861,367
872,115
906,149
921,810
942,781
960,941
980,027
992,346
1,007,134
1,001,364
999,585
1,001,397
1,004,758
1,021,675
1,038,202
1,058,492
1,072,691
1,093,327
1,096,496
1,117,133
1,125,702
1,574,499
1,592,646
1,623,224
1,639,565
1,665,607
1,694,530
1,740,037
1,760,854
1,799,183
2,597,619
2,654,874
2,675,790
2,759,502
2,797,297
2,988,569
3,098,033
3,103,444
3,199,719
3,305,563
3,421,515
3,466,469
3,092,004
3,265,702
4,024,653
4,281,291
4,519,256
4,690,677
4,802,151
4,985,747
5,282,291
5,554,052
5,365,413
5,477,447
5,477,4475,365,4135,554,0525,282,2914,985,7474,802,1514,690,6774,519,2564,281,2914,024,6533,265,7023,092,0043,466,4693,421,5153,305,5633,199,7193,103,4443,098,0332,988,5692,797,2972,759,5022,675,7902,654,8742,597,6191,799,1831,760,8541,740,0371,694,5301,665,6071,639,5651,623,2241,592,6461,574,4991,125,7021,117,1331,096,4961,093,3271,072,6911,058,4921,038,2021,021,6751,004,7581,001,397999,5851,001,3641,007,134992,346980,027960,941942,781921,810906,149872,115861,367319,296306,111295,421279,783285,186289,546287,513283,355279,890282,175320,537331,004339,480339,828355,328381,739412,572411,572416,752417,330416,293414,367414,337413,393410,872409,190400,467394,317389,565387,392377,660370,568367,802366,205355,093360,679344,412
   Common Stock
125,000
125,000
125,000
125,000
0
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
237,500
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
330,606
392,933
392,933
392,933
392,933
392,933
392,933
392,933
510,813
510,813
510,813
510,813
675,536
675,536
675,536
675,536
674,658
674,658
674,658
674,658
674,436
674,436
674,436
674,436
674,201
674,201
674,201
674,201
688,233
688,233
0
0
688,233
699,492
699,492688,23300688,233688,233674,201674,201674,201674,201674,436674,436674,436674,436674,658674,658674,658674,658675,536675,536675,536675,536510,813510,813510,813510,813392,933392,933392,933392,933392,933392,933392,933330,606330,606330,606330,606330,606330,606330,606330,606330,606330,606330,606330,606330,606330,606330,606330,606330,606330,606330,606330,606330,606237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,500237,5000125,000125,000125,000125,000
   Retained Earnings 
48,258
55,142
51,440
56,616
0
60,979
68,070
70,051
72,224
76,243
84,108
82,226
84,106
86,627
91,133
87,544
93,887
94,924
94,346
88,096
89,096
58,262
31,852
16,247
15,477
7,001
0
0
0
0
0
0
0
0
0
0
4,481
15,281
25,716
56,674
72,195
88,190
106,972
126,514
138,882
153,046
131,793
143,942
160,126
162,906
180,983
195,108
244,391
258,664
278,979
281,637
303,407
311,968
323,080
341,339
372,254
387,953
413,827
443,112
488,273
509,277
547,580
596,716
653,869
672,581
754,311
805,129
909,915
1,012,659
1,099,255
1,193,796
1,296,568
1,388,626
1,431,581
1,533,849
1,702,349
1,690,578
1,941,833
2,136,227
2,302,873
2,326,441
2,495,578
2,516,587
2,779,901
2,872,993
2,937,025
2,937,0252,872,9932,779,9012,516,5872,495,5782,326,4412,302,8732,136,2271,941,8331,690,5781,702,3491,533,8491,431,5811,388,6261,296,5681,193,7961,099,2551,012,659909,915805,129754,311672,581653,869596,716547,580509,277488,273443,112413,827387,953372,254341,339323,080311,968303,407281,637278,979258,664244,391195,108180,983162,906160,126143,942131,793153,046138,882126,514106,97288,19072,19556,67425,71615,2814,48100000000007,00115,47716,24731,85258,26289,09688,09694,34694,92493,88787,54491,13386,62784,10682,22684,10876,24372,22470,05168,07060,979056,61651,44055,14248,258
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000-59,922-59,922000000000000000000000000000000000000000000000000000000000000000000000
   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
751,331
753,313
753,000
752,120
753,371
754,720
753,522
754,732
754,785
751,899
246,731
246,442
995,736
995,945
996,632
996,084
1,004,299
1,016,188
0
0
1,019,460
1,019,485
1,019,4851,019,460001,016,1881,004,299996,084996,632995,945995,736246,442246,731751,899754,785754,732753,522754,720753,371752,120753,000753,313751,331000000000000000000000000000000000000000000000000000000000000000000000



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 (+$)
totalRevenue199,611,659
Cost of Revenue-196,589,388
Gross Profit3,022,2713,022,271
 
Operating Income (+$)
Gross Profit3,022,271
Operating Expense-197,672,592
Operating Income1,939,068-194,650,320
 
Operating Expense (+$)
Research Development31,992
Selling General Administrative582,075
Selling And Marketing Expenses-
Operating Expense197,672,592614,066
 
Net Interest Income (+$)
Interest Income179,172
Interest Expense-280,428
Other Finance Cost-49,821
Net Interest Income-51,434
 
Pretax Income (+$)
Operating Income1,939,068
Net Interest Income-51,434
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,627,7891,939,068
EBIT - interestExpense = -280,428
845,377
1,125,805
Interest Expense280,428
Earnings Before Interest and Taxes (EBIT)-1,908,217
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax1,627,789
Tax Provision-398,817
Net Income From Continuing Ops1,228,9721,228,972
Net Income845,377
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-51,434
 

Technical Analysis of Zheshang Development Group Co Ltd
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 Zheshang Development Group Co Ltd. The general trend of Zheshang Development Group Co Ltd is NEUTRAL with 0.0% 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 Zheshang Development Group Co Ltd'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 (0.0%) Bearish trend (0.0%)
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 Zheshang Development Group Co Ltd.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 7.49 < 7.7342039170507 < 7.94.

The bearish price targets are: 6.38 > 6.24.

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Zheshang Development Group 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 Zheshang Development Group Co Ltd. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +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 higher 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 up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above 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

Zheshang Development Group 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 Zheshang Development Group Co Ltd. The current macd is 0.03090076.

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 Zheshang Development Group Co Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Zheshang Development Group Co Ltd. 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 Zheshang Development Group Co Ltd 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
Zheshang Development Group Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartZheshang Development Group 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 Zheshang Development Group Co Ltd. The current adx is 19.73.

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 Zheshang Development Group Co Ltd 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.
Zheshang Development Group 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 Zheshang Development Group Co Ltd. The current sar is 7.67967474.

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
Zheshang Development Group 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 Zheshang Development Group Co Ltd. The current rsi is 50.41. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Zheshang Development Group Co Ltd Daily Relative Strength Index (RSI) ChartZheshang Development Group 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 Zheshang Development Group Co Ltd. The current phase is Oversold in neutral market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Zheshang Development Group Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Zheshang Development Group Co Ltd Daily Stochastic Oscillator ChartZheshang Development Group 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 Zheshang Development Group Co Ltd. The current cci is -80.62930187.

Zheshang Development Group Co Ltd Daily Commodity Channel Index (CCI) ChartZheshang Development Group 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 Zheshang Development Group Co Ltd. The current cmo is -3.95472654.

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
Zheshang Development Group Co Ltd Daily Chande Momentum Oscillator (CMO) ChartZheshang Development Group 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 Zheshang Development Group Co Ltd. The current willr is -82.75862069.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Zheshang Development Group Co Ltd Daily Williams %R ChartZheshang Development Group 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 Zheshang Development Group Co Ltd.

Zheshang Development Group 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 Zheshang Development Group Co Ltd. The current atr is 0.17364033.

Zheshang Development Group Co Ltd Daily Average True Range (ATR) ChartZheshang Development Group 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 Zheshang Development Group Co Ltd. The current obv is 62,792,802.

Zheshang Development Group Co Ltd Daily On-Balance Volume (OBV) ChartZheshang Development Group 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 Zheshang Development Group Co Ltd. The current mfi is 34.13.

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
Zheshang Development Group Co Ltd Daily Money Flow Index (MFI) ChartZheshang Development Group Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Zheshang Development Group 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
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-16DMI 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.
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18CCI 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).
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-02CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04MFI LONG ENTRY SHORT CLOSE80 crossover to upside
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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-29STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Zheshang Development Group Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Zheshang Development Group Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.411
Ma 20Greater thanMa 507.522
Ma 50Greater thanMa 1007.240
Ma 100Greater thanMa 2007.303
OpenGreater thanClose7.330
Total2/5 (40.0%)
Penke

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