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Shandong Shanda Wit Science and Technology Co Ltd
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PenkeI guess you are interested in Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd (30 sec.)










What can you expect buying and holding a share of Shandong Shanda Wit Science and Technology Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.52
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥19.19
Expected worth in 1 year
¥21.05
How sure are you?
92.5%

+ What do you gain per year?

Total Gains per Share
¥5.60
Return On Investment
16.2%

For what price can you sell your share?

Current Price per Share
¥34.60
Expected price per share
¥24.06 - ¥36.82
How sure are you?
50%

1. Valuation of Shandong Shanda Wit Science and Technology Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥34.60

Intrinsic Value Per Share

¥21.29 - ¥39.85

Total Value Per Share

¥40.48 - ¥59.04

2. Growth of Shandong Shanda Wit Science and Technology Co Ltd (5 min.)




Is Shandong Shanda Wit Science and Technology Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$622.3m$529.9m$45m7.8%

How much money is Shandong Shanda Wit Science and Technology Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$20.2m$18.2m$2m10.0%
Net Profit Margin24.2%22.2%--

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

3. Financial Health of Shandong Shanda Wit Science and Technology Co Ltd (5 min.)




What can you expect buying and holding a share of Shandong Shanda Wit Science and Technology Co Ltd? (5 min.)

Welcome investor! Shandong Shanda Wit Science and Technology Co Ltd's management wants to use your money to grow the business. In return you get a share of Shandong Shanda Wit Science and Technology Co Ltd.

What can you expect buying and holding a share of Shandong Shanda Wit Science and Technology Co Ltd?

First you should know what it really means to hold a share of Shandong Shanda Wit Science and Technology Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Shandong Shanda Wit Science and Technology Co Ltd is ¥34.60. 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 Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology 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 ¥19.19. Based on the TTM, the Book Value Change Per Share is ¥0.46 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.71 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 ¥0.94 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shandong Shanda Wit Science and Technology 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 Eps0.070.2%0.090.2%0.080.2%0.060.2%0.040.1%
Usd Book Value Change Per Share0.140.4%0.060.2%0.100.3%0.060.2%0.050.1%
Usd Dividend Per Share0.300.9%0.130.4%0.030.1%0.050.1%0.030.1%
Usd Total Gains Per Share0.441.3%0.190.6%0.130.4%0.110.3%0.080.2%
Usd Price Per Share4.01-4.59-5.64-4.17-4.30-
Price to Earnings Ratio13.63-13.32-21.53-21.37-34.20-
Price-to-Total Gains Ratio9.17--561.83-54.23--66.97-14.86-
Price to Book Ratio1.51-1.89-2.49-2.14-3.17-
Price-to-Total Gains Ratio9.17--561.83-54.23--66.97-14.86-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.78864
Number of shares208
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.130.05
Usd Book Value Change Per Share0.060.06
Usd Total Gains Per Share0.190.11
Gains per Quarter (208 shares)40.3023.19
Gains per Year (208 shares)161.2292.78
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
110853151405383
221610731280106176
3323160473119159269
4431214634159212362
5539267795199265455
6647321956239318548
77543741117279371641
88624281278318424734
99704811439358477827
1010785351600398530920

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%39.01.00.097.5%80.01.06.092.0%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%18.02.00.090.0%36.04.00.090.0%78.09.00.089.7%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%80.00.07.092.0%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%19.01.00.095.0%37.03.00.092.5%83.04.00.095.4%

Fundamentals of Shandong Shanda Wit Science and Technology Co Ltd

About Shandong Shanda Wit Science and Technology Co Ltd

Shandong Wit Dyne Health Co.,Ltd. engages in the pharmaceutical business in China. Its medical products include azithromycin granules, licorice zinc granules, compound calcium carbonate, vitamin AD drops, epalrestat tablets, valsartan hydrochlorothiazide gums, roxithromycin, rosiglitazone tartrate tablets, and glimepiride tablets. The company also provides information products, such as DLP splicing display units, LCD splicing display units, image stitching processors, industrial automation control products, and communication products; and crystal products. In addition, it is involved in the provision of education services. The company was founded in 1993 and is based in Jinan, China.

Fundamental data was last updated by Penke on 2024-03-23 04:59:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very 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 very 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 underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Shandong Shanda Wit Science and Technology Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Shandong Shanda Wit Science and Technology Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Shandong Shanda Wit Science and Technology Co Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Net Profit Margin of 16.3% means that ¥0.16 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Shandong Shanda Wit Science and Technology Co Ltd:

  • The MRQ is 16.3%. The company is making a huge profit. +2
  • The TTM is 24.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ16.3%TTM24.2%-7.9%
TTM24.2%YOY22.2%+2.0%
TTM24.2%5Y18.4%+5.8%
5Y18.4%10Y15.2%+3.1%
1.1.2. Return on Assets

Shows how efficient Shandong Shanda Wit Science and Technology Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Shandong Shanda Wit Science and Technology Co Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • 2.4% Return on Assets means that Shandong Shanda Wit Science and Technology Co Ltd generated ¥0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shandong Shanda Wit Science and Technology Co Ltd:

  • The MRQ is 2.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.4%TTM3.0%-0.6%
TTM3.0%YOY3.0%+0.0%
TTM3.0%5Y2.4%+0.5%
5Y2.4%10Y2.3%+0.2%
1.1.3. Return on Equity

Shows how efficient Shandong Shanda Wit Science and Technology Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Shandong Shanda Wit Science and Technology Co Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • 4.2% Return on Equity means Shandong Shanda Wit Science and Technology Co Ltd generated ¥0.04 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shandong Shanda Wit Science and Technology Co Ltd:

  • The MRQ is 4.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 5.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.2%TTM5.2%-1.0%
TTM5.2%YOY5.4%-0.2%
TTM5.2%5Y4.4%+0.8%
5Y4.4%10Y4.2%+0.2%

1.2. Operating Efficiency of Shandong Shanda Wit Science and Technology Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shandong Shanda Wit Science and Technology Co Ltd is operating .

  • Measures how much profit Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Shandong Shanda Wit Science and Technology Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM42.7%-42.7%
TTM42.7%YOY48.1%-5.4%
TTM42.7%5Y36.5%+6.2%
5Y36.5%10Y18.0%+18.5%
1.2.2. Operating Ratio

Measures how efficient Shandong Shanda Wit Science and Technology Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • An Operation Ratio of 0.78 means that the operating costs are ¥0.78 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Shandong Shanda Wit Science and Technology Co Ltd:

  • The MRQ is 0.780. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.610. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.780TTM0.610+0.171
TTM0.610YOY0.735-0.125
TTM0.6105Y0.907-0.297
5Y0.90710Y0.685+0.222

1.3. Liquidity of Shandong Shanda Wit Science and Technology Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Shandong Shanda Wit Science and Technology Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • A Current Ratio of 6.25 means the company has ¥6.25 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Shandong Shanda Wit Science and Technology Co Ltd:

  • The MRQ is 6.252. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.308. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ6.252TTM5.308+0.944
TTM5.308YOY5.441-0.133
TTM5.3085Y4.641+0.667
5Y4.64110Y2.468+2.173
1.3.2. Quick Ratio

Measures if Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Quick Ratio of 2.15 means the company can pay off ¥2.15 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shandong Shanda Wit Science and Technology Co Ltd:

  • The MRQ is 2.153. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.030. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.153TTM2.030+0.123
TTM2.030YOY2.289-0.259
TTM2.0305Y1.994+0.036
5Y1.99410Y1.597+0.397

1.4. Solvency of Shandong Shanda Wit Science and Technology Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Shandong Shanda Wit Science and Technology Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Shandong Shanda Wit Science and Technology Co Ltd to Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Asset Ratio of 0.13 means that Shandong Shanda Wit Science and Technology Co Ltd assets are financed with 13.5% credit (debt) and the remaining percentage (100% - 13.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shandong Shanda Wit Science and Technology Co Ltd:

  • The MRQ is 0.135. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.154. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.135TTM0.154-0.019
TTM0.154YOY0.141+0.013
TTM0.1545Y0.160-0.006
5Y0.16010Y0.178-0.018
1.4.2. Debt to Equity Ratio

Measures if Shandong Shanda Wit Science and Technology Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Shandong Shanda Wit Science and Technology Co Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Equity ratio of 23.5% means that company has ¥0.24 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shandong Shanda Wit Science and Technology Co Ltd:

  • The MRQ is 0.235. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.267. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.235TTM0.267-0.032
TTM0.267YOY0.255+0.012
TTM0.2675Y0.289-0.022
5Y0.28910Y0.332-0.043

2. Market Valuation of Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd generates.

  • Above 15 is considered overpriced but always compare Shandong Shanda Wit Science and Technology Co Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • A PE ratio of 13.63 means the investor is paying ¥13.63 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shandong Shanda Wit Science and Technology Co Ltd:

  • The EOD is 16.285. Based on the earnings, the company is fair priced.
  • The MRQ is 13.630. Based on the earnings, the company is underpriced. +1
  • The TTM is 13.324. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD16.285MRQ13.630+2.655
MRQ13.630TTM13.324+0.306
TTM13.324YOY21.532-8.208
TTM13.3245Y21.365-8.041
5Y21.36510Y34.200-12.835
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Shandong Shanda Wit Science and Technology Co Ltd:

  • The EOD is 10.444. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.741. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 7.239. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.444MRQ8.741+1.702
MRQ8.741TTM7.239+1.502
TTM7.239YOY8.802-1.563
TTM7.2395Y7.172+0.067
5Y7.17210Y13.431-6.258
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Shandong Shanda Wit Science and Technology Co Ltd is to cheap or to expensive compared to its book value.

Let's take a look of the Price to Book Ratio trends of Shandong Shanda Wit Science and Technology Co Ltd:

  • The EOD is 1.803. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.509. Based on the equity, the company is underpriced. +1
  • The TTM is 1.888. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.803MRQ1.509+0.294
MRQ1.509TTM1.888-0.379
TTM1.888YOY2.494-0.606
TTM1.8885Y2.143-0.255
5Y2.14310Y3.174-1.031
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Shandong Shanda Wit Science and Technology 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--1.0060.464+117%0.706+42%0.460+119%0.356+183%
Book Value Per Share--19.18917.732+8%16.342+17%14.130+36%11.086+73%
Current Ratio--6.2525.308+18%5.441+15%4.641+35%2.468+153%
Debt To Asset Ratio--0.1350.154-12%0.141-4%0.160-16%0.178-24%
Debt To Equity Ratio--0.2350.267-12%0.255-8%0.289-19%0.332-29%
Dividend Per Share--2.1530.936+130%0.200+978%0.346+523%0.211+919%
Eps--0.5310.624-15%0.562-6%0.424+25%0.312+70%
Free Cash Flow Per Share--0.8281.199-31%1.181-30%0.762+9%0.619+34%
Free Cash Flow To Equity Per Share--0.8280.217+281%0.827+0%0.380+118%0.420+97%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--39.854--------
Intrinsic Value_10Y_min--21.288--------
Intrinsic Value_1Y_max--4.071--------
Intrinsic Value_1Y_min--2.433--------
Intrinsic Value_3Y_max--12.172--------
Intrinsic Value_3Y_min--7.093--------
Intrinsic Value_5Y_max--20.203--------
Intrinsic Value_5Y_min--11.481--------
Market Cap8107852876.800+16%6786239805.6007779805302.000-13%9557209615.725-29%7068863792.812-4%7279819581.215-7%
Net Profit Margin--0.1630.242-33%0.222-27%0.184-11%0.152+7%
Operating Margin---0.427-100%0.481-100%0.365-100%0.180-100%
Operating Ratio--0.7800.610+28%0.735+6%0.907-14%0.685+14%
Pb Ratio1.803+16%1.5091.888-20%2.494-39%2.143-30%3.174-52%
Pe Ratio16.285+16%13.63013.324+2%21.532-37%21.365-36%34.200-60%
Price Per Share34.600+16%28.96033.200-13%40.785-29%30.166-4%31.066-7%
Price To Free Cash Flow Ratio10.444+16%8.7417.239+21%8.802-1%7.172+22%13.431-35%
Price To Total Gains Ratio10.955+16%9.169-561.828+6227%54.232-83%-66.971+830%14.855-38%
Quick Ratio--2.1532.030+6%2.289-6%1.994+8%1.597+35%
Return On Assets--0.0240.030-20%0.030-20%0.024-2%0.023+5%
Return On Equity--0.0420.052-20%0.054-23%0.044-5%0.042-1%
Total Gains Per Share--3.1581.400+126%0.906+249%0.806+292%0.567+457%
Usd Book Value--622335297.799575082013.751+8%529996325.322+17%458263586.293+36%359537785.923+73%
Usd Book Value Change Per Share--0.1390.064+117%0.098+42%0.064+119%0.049+183%
Usd Book Value Per Share--2.6562.454+8%2.262+17%1.956+36%1.534+73%
Usd Dividend Per Share--0.2980.130+130%0.028+978%0.048+523%0.029+919%
Usd Eps--0.0740.086-15%0.078-6%0.059+25%0.043+70%
Usd Free Cash Flow--26861513.40638892953.430-31%38292788.089-30%24712465.174+9%20068980.120+34%
Usd Free Cash Flow Per Share--0.1150.166-31%0.163-30%0.105+9%0.086+34%
Usd Free Cash Flow To Equity Per Share--0.1150.030+281%0.114+0%0.053+118%0.058+97%
Usd Market Cap1122126838.149+16%939215589.0951076725053.797-13%1322717810.816-29%978330748.925-4%1007527030.040-7%
Usd Price Per Share4.789+16%4.0084.595-13%5.645-29%4.175-4%4.300-7%
Usd Profit--17226501.44320250068.304-15%18229496.067-6%13751754.433+25%10132120.865+70%
Usd Revenue--105932941.38385952133.202+23%81001215.595+31%72475686.303+46%61997933.135+71%
Usd Total Gains Per Share--0.4370.194+126%0.125+249%0.112+292%0.078+457%
 EOD+4 -4MRQTTM+19 -16YOY+19 -165Y+27 -810Y+28 -7

3.2. Fundamental Score

Let's check the fundamental score of Shandong Shanda Wit Science and Technology Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1516.285
Price to Book Ratio (EOD)Between0-11.803
Net Profit Margin (MRQ)Greater than00.163
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than12.153
Current Ratio (MRQ)Greater than16.252
Debt to Asset Ratio (MRQ)Less than10.135
Debt to Equity Ratio (MRQ)Less than10.235
Return on Equity (MRQ)Greater than0.150.042
Return on Assets (MRQ)Greater than0.050.024
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Shandong Shanda Wit Science and Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.101
Ma 20Greater thanMa 5033.728
Ma 50Greater thanMa 10030.888
Ma 100Greater thanMa 20031.459
OpenGreater thanClose34.500
Total2/5 (40.0%)



Reversals in quarterly reports

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

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Net Interest Income  8,921-3,7495,17210,46515,637-9,4646,174-7,392-1,218



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in CNY. All numbers in thousands.

Summary
Total Assets5,198,294
Total Liabilities701,652
Total Stockholder Equity2,981,885
 As reported
Total Liabilities 701,652
Total Stockholder Equity+ 2,981,885
Total Assets = 5,198,294

Assets

Total Assets5,198,294
Total Current Assets3,704,885
Long-term Assets1,493,410
Total Current Assets
Cash And Cash Equivalents 2,048,055
Short-term Investments 1,214,036
Net Receivables 61,813
Inventory 86,546
Other Current Assets 3,989
Total Current Assets  (as reported)3,704,885
Total Current Assets  (calculated)3,414,439
+/- 290,446
Long-term Assets
Property Plant Equipment 909,124
Goodwill 26,133
Intangible Assets 174,217
Long-term Assets Other 10,512
Long-term Assets  (as reported)1,493,410
Long-term Assets  (calculated)1,119,986
+/- 373,423

Liabilities & Shareholders' Equity

Total Current Liabilities592,578
Long-term Liabilities109,074
Total Stockholder Equity2,981,885
Total Current Liabilities
Accounts payable 32,191
Other Current Liabilities 2,564
Total Current Liabilities  (as reported)592,578
Total Current Liabilities  (calculated)34,755
+/- 557,823
Long-term Liabilities
Long-term Liabilities  (as reported)109,074
Long-term Liabilities  (calculated)0
+/- 109,074
Total Stockholder Equity
Retained Earnings 2,556,351
Total Stockholder Equity (as reported)2,981,885
Total Stockholder Equity (calculated)2,556,351
+/- 425,534
Other
Capital Stock234,331
Common Stock Shares Outstanding 234,331
Net Invested Capital 2,981,885
Net Working Capital 3,112,307
Property Plant and Equipment Gross 909,124



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-06-302000-12-312000-06-30
> Total Assets 
390,823
399,545
409,262
484,246
467,866
490,405
494,392
561,431
592,826
617,433
691,007
715,065
691,341
686,639
745,115
755,439
719,606
759,216
922,887
952,211
1,019,483
1,043,719
984,863
934,097
943,343
965,989
982,707
993,284
1,043,832
1,126,255
1,119,164
1,039,912
1,055,309
1,046,104
1,103,741
1,109,700
1,117,349
1,156,647
1,136,056
1,138,377
1,135,363
1,144,791
1,204,280
1,159,562
1,230,439
1,221,551
1,338,371
1,341,877
1,395,771
1,459,509
1,566,498
1,591,741
1,634,029
1,670,294
1,843,757
1,954,666
1,922,919
1,940,396
1,984,499
2,080,909
2,170,657
2,273,498
2,420,088
2,482,210
2,494,255
2,581,948
2,832,852
2,775,008
2,844,831
2,882,220
2,993,105
2,899,711
2,814,024
2,932,903
3,086,607
3,152,463
3,176,634
3,335,717
3,520,619
3,694,978
3,768,527
3,846,180
3,958,571
3,935,427
4,317,463
4,232,887
4,595,051
4,690,493
4,818,661
4,623,382
4,995,578
5,198,294
5,198,2944,995,5784,623,3824,818,6614,690,4934,595,0514,232,8874,317,4633,935,4273,958,5713,846,1803,768,5273,694,9783,520,6193,335,7173,176,6343,152,4633,086,6072,932,9032,814,0242,899,7112,993,1052,882,2202,844,8312,775,0082,832,8522,581,9482,494,2552,482,2102,420,0882,273,4982,170,6572,080,9091,984,4991,940,3961,922,9191,954,6661,843,7571,670,2941,634,0291,591,7411,566,4981,459,5091,395,7711,341,8771,338,3711,221,5511,230,4391,159,5621,204,2801,144,7911,135,3631,138,3771,136,0561,156,6471,117,3491,109,7001,103,7411,046,1041,055,3091,039,9121,119,1641,126,2551,043,832993,284982,707965,989943,343934,097984,8631,043,7191,019,483952,211922,887759,216719,606755,439745,115686,639691,341715,065691,007617,433592,826561,431494,392490,405467,866484,246409,262399,545390,823
   > 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
0
1,316,015
1,616,029
1,506,588
1,604,944
1,752,386
1,767,033
1,798,628
1,911,245
2,126,019
2,283,523
2,360,203
2,440,723
2,524,244
2,411,164
2,798,260
2,707,742
3,068,884
3,167,861
3,311,413
3,124,589
3,510,231
3,704,885
3,704,8853,510,2313,124,5893,311,4133,167,8613,068,8842,707,7422,798,2602,411,1642,524,2442,440,7232,360,2032,283,5232,126,0191,911,2451,798,6281,767,0331,752,3861,604,9441,506,5881,616,0291,316,0150000000000000000000000000000000000000000000000000000000000000000000000
       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
0
548,648
1,011,235
701,848
374,461
488,895
953,895
499,528
528,467
787,512
1,492,016
1,121,062
917,437
869,167
1,223,434
1,540,661
1,230,469
1,731,217
1,844,666
1,833,912
1,523,789
1,834,421
2,048,055
2,048,0551,834,4211,523,7891,833,9121,844,6661,731,2171,230,4691,540,6611,223,434869,167917,4371,121,0621,492,016787,512528,467499,528953,895488,895374,461701,8481,011,235548,6480000000000000000000000000000000000000000000000000000000000000000000000
       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
150,000
370,000
380,000
26,000
488,778
588,379
522,620
0
439,982
749,807
888,815
721,610
669,630
1,015,703
833,695
948,855
1,057,260
1,162,968
1,219,149
1,214,036
1,214,0361,219,1491,162,9681,057,260948,855833,6951,015,703669,630721,610888,815749,807439,9820522,620588,379488,77826,000380,000370,000150,000000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
163,262
214,557
265,481
208,277
0
201,051
202,436
134,999
105,960
102,321
71,760
114,294
133,785
139,631
142,141
128,659
129,311
133,952
117,890
133,579
133,453
139,712
157,874
172,058
159,480
153,666
162,543
174,935
173,401
179,140
159,761
146,079
136,535
150,572
152,367
131,199
123,924
142,993
133,829
120,707
150,315
174,888
183,708
208,497
221,043
207,985
224,533
241,706
261,678
274,686
295,432
355,079
382,460
378,429
407,410
546,331
510,831
461,383
426,624
481,729
511,537
569,979
519,859
490,242
566,682
620,413
687,614
605,489
624,388
552,906
536,424
353,231
205,285
256,368
249,994
627,433
596,024
605,636
611,091
625,086
604,335
548,384
565,311
338,507
464,439
345,620
388,437
257,122
89,523
68,600
324,259
61,813
61,813324,25968,60089,523257,122388,437345,620464,439338,507565,311548,384604,335625,086611,091605,636596,024627,433249,994256,368205,285353,231536,424552,906624,388605,489687,614620,413566,682490,242519,859569,979511,537481,729426,624461,383510,831546,331407,410378,429382,460355,079295,432274,686261,678241,706224,533207,985221,043208,497183,708174,888150,315120,707133,829142,993123,924131,199152,367150,572136,535146,079159,761179,140173,401174,935162,543153,666159,480172,058157,874139,712133,453133,579117,890133,952129,311128,659142,141139,631133,785114,29471,760102,321105,960134,999202,436201,0510208,277265,481214,557163,262
       Other Current Assets 
1,402
2,492
280
4,008
272,364
1,255
3,159
4,939
4,562
7,979
5,315
22,412
22,970
24,559
25,932
35,804
39,998
48,664
59,669
47,598
56,737
52,810
53,051
24,351
36,309
33,023
41,302
33,281
64,283
80,811
90,365
29,316
24,340
20,915
25,530
41,920
64,247
54,068
48,129
24,150
36,756
40,376
47,125
30,653
48,701
39,031
53,192
45,244
58,999
57,555
69,463
51,960
69,545
67,997
82,076
47,010
81,538
47,879
57,198
30,793
40,533
34,669
93,583
59,383
49,291
47,248
65,067
44,453
65,775
59,142
95,858
50,380
119,808
80,448
33,238
30,587
83,157
48,370
58,824
31,692
51,645
59,873
47,743
25,454
31,194
31,679
37,053
30,155
1,825
454
27,736
3,989
3,98927,7364541,82530,15537,05331,67931,19425,45447,74359,87351,64531,69258,82448,37083,15730,58733,23880,448119,80850,38095,85859,14265,77544,45365,06747,24849,29159,38393,58334,66940,53330,79357,19847,87981,53847,01082,07667,99769,54551,96069,46357,55558,99945,24453,19239,03148,70130,65347,12540,37636,75624,15048,12954,06864,24741,92025,53020,91524,34029,31690,36580,81164,28333,28141,30233,02336,30924,35153,05152,81056,73747,59859,66948,66439,99835,80425,93224,55922,97022,4125,3157,9794,5624,9393,1591,255272,3644,0082802,4921,402
   > 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
1,307,436
1,327,959
1,334,222
1,385,430
1,378,005
1,424,472
1,394,600
1,411,454
1,408,323
1,405,457
1,434,327
1,524,263
1,519,202
1,525,145
1,526,167
1,522,632
1,507,248
1,498,793
1,485,348
1,493,410
1,493,4101,485,3481,498,7931,507,2481,522,6321,526,1671,525,1451,519,2021,524,2631,434,3271,405,4571,408,3231,411,4541,394,6001,424,4721,378,0051,385,4301,334,2221,327,9591,307,436000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
46,443
44,170
39,512
137,738
0
137,589
138,927
148,884
153,064
158,510
217,702
184,371
183,417
182,438
180,429
177,811
175,936
326,065
347,386
561,912
361,105
570,398
393,443
557,762
269,418
450,001
277,920
478,230
305,055
491,876
322,286
498,091
339,160
520,650
378,636
536,057
384,606
547,757
357,811
569,817
391,354
545,657
396,605
551,577
398,872
555,589
418,329
584,525
438,675
588,861
457,223
614,495
474,551
476,891
483,311
515,199
533,608
553,668
557,485
559,169
559,017
689,130
690,617
721,395
748,602
769,768
781,487
764,336
804,817
809,520
830,312
841,365
868,710
891,933
888,151
841,386
836,289
891,344
893,131
905,922
900,462
894,176
883,657
881,486
872,829
885,252
880,907
918,330
907,502
900,287
894,477
909,124
909,124894,477900,287907,502918,330880,907885,252872,829881,486883,657894,176900,462905,922893,131891,344836,289841,386888,151891,933868,710841,365830,312809,520804,817764,336781,487769,768748,602721,395690,617689,130559,017559,169557,485553,668533,608515,199483,311476,891474,551614,495457,223588,861438,675584,525418,329555,589398,872551,577396,605545,657391,354569,817357,811547,757384,606536,057378,636520,650339,160498,091322,286491,876305,055478,230277,920450,001269,418557,762393,443570,398361,105561,912347,386326,065175,936177,811180,429182,438183,417184,371217,702158,510153,064148,884138,927137,5890137,73839,51244,17046,443
       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
28,133
28,133
28,133
28,133
28,133
28,133
28,133
28,133
28,133
28,133
28,133
28,133
28,133
28,133
28,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,133
26,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13326,13328,13328,13328,13328,13328,13328,13328,13328,13328,13328,13328,13328,13328,13328,13328,1330000000000000000000000000000000000000000000000000000
       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
0
502,527
102,527
102,527
102,527
102,527
102,527
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000102,527102,527102,527102,527102,527502,5270000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
3,687
3,591
3,494
34,047
0
33,578
33,339
126,156
125,455
126,060
177,175
136,617
135,525
134,431
133,576
130,252
129,213
0
177,340
14,393
195,578
16,879
195,499
15,856
217,579
14,826
221,817
13,800
220,448
12,783
216,989
11,780
210,511
8,653
204,091
9,688
200,425
8,664
189,256
10,207
193,712
9,050
189,842
8,144
191,698
6,792
188,784
5,930
188,960
8,544
187,632
6,421
181,619
180,147
174,813
173,111
170,745
173,206
172,247
179,586
178,254
177,315
179,540
175,613
173,864
172,533
172,078
169,517
111,502
110,625
83,722
165,330
185,472
25,256
182,880
186,308
184,903
183,344
181,938
163,388
162,048
161,171
182,177
180,550
179,940
178,582
181,209
180,642
179,335
177,951
176,376
174,217
174,217176,376177,951179,335180,642181,209178,582179,940180,550182,177161,171162,048163,388181,938183,344184,903186,308182,88025,256185,472165,33083,722110,625111,502169,517172,078172,533173,864175,613179,540177,315178,254179,586172,247173,206170,745173,111174,813180,147181,6196,421187,6328,544188,9605,930188,7846,792191,6988,144189,8429,050193,71210,207189,2568,664200,4259,688204,0918,653210,51111,780216,98912,783220,44813,800221,81714,826217,57915,856195,49916,879195,57814,393177,3400129,213130,252133,576134,431135,525136,617177,175126,060125,455126,15633,33933,578034,0473,4943,5913,687
       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
108,802
108,802
6,276
31,584
31,584
27,693
609
15,443
21,924
27,886
21,132
18,970
27,091
22,968
32,157
17,657
20,032
22,066
17,989
10,512
10,51217,98922,06620,03217,65732,15722,96827,09118,97021,13227,88621,92415,44360927,69331,58431,5846,276108,802108,802000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
126,546
140,856
159,075
238,759
222,281
236,796
242,364
308,041
332,976
350,703
403,564
415,428
393,993
380,767
435,761
445,008
408,790
442,579
582,509
608,701
674,623
683,933
619,431
570,697
568,663
578,718
583,379
599,730
638,978
692,384
675,311
596,852
595,355
562,799
603,504
582,991
578,008
578,023
486,961
488,857
451,409
432,793
438,151
390,327
403,371
352,449
410,495
395,826
375,128
384,335
430,522
431,627
385,236
398,425
460,905
472,422
369,046
369,948
383,565
401,346
408,159
405,759
472,002
532,894
381,076
386,674
509,526
556,365
498,458
490,241
551,294
558,919
434,647
508,744
543,411
585,317
515,410
588,727
606,365
759,723
626,472
571,343
662,084
536,028
623,824
598,793
666,435
629,027
947,209
631,558
734,629
701,652
701,652734,629631,558947,209629,027666,435598,793623,824536,028662,084571,343626,472759,723606,365588,727515,410585,317543,411508,744434,647558,919551,294490,241498,458556,365509,526386,674381,076532,894472,002405,759408,159401,346383,565369,948369,046472,422460,905398,425385,236431,627430,522384,335375,128395,826410,495352,449403,371390,327438,151432,793451,409488,857486,961578,023578,008582,991603,504562,799595,355596,852675,311692,384638,978599,730583,379578,718568,663570,697619,431683,933674,623608,701582,509442,579408,790445,008435,761380,767393,993415,428403,564350,703332,976308,041242,364236,796222,281238,759159,075140,856126,546
   > Total Current Liabilities 
126,546
140,856
159,075
231,759
215,281
233,796
239,364
307,476
332,468
350,319
403,175
363,039
341,603
328,377
383,371
393,008
356,790
390,579
459,729
505,718
572,973
582,893
522,233
496,272
493,780
503,878
412,815
468,526
509,985
569,979
559,939
479,150
479,886
424,270
471,922
423,308
415,123
481,795
392,354
385,920
347,956
330,939
337,748
293,995
308,473
263,288
326,721
317,929
298,818
313,652
367,531
391,634
345,944
359,612
442,669
461,682
358,097
357,525
371,853
391,638
398,413
395,405
461,720
523,818
372,237
377,740
500,845
547,976
490,292
476,265
517,396
482,768
361,737
436,279
467,276
508,903
439,318
502,961
521,312
665,211
532,366
479,657
572,765
444,663
533,324
510,289
576,623
538,007
861,599
545,937
648,366
592,578
592,578648,366545,937861,599538,007576,623510,289533,324444,663572,765479,657532,366665,211521,312502,961439,318508,903467,276436,279361,737482,768517,396476,265490,292547,976500,845377,740372,237523,818461,720395,405398,413391,638371,853357,525358,097461,682442,669359,612345,944391,634367,531313,652298,818317,929326,721263,288308,473293,995337,748330,939347,956385,920392,354481,795415,123423,308471,922424,270479,886479,150559,939569,979509,985468,526412,815503,878493,780496,272522,233582,893572,973505,718459,729390,579356,790393,008383,371328,377341,603363,039403,175350,319332,468307,476239,364233,796215,281231,759159,075140,856126,546
       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
0
20,000
20,000
20,000
20,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000020,00020,00020,00020,000000000000000000000000000000000000000000000000000000000000000000000000000
       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
0
20,000
20,000
20,000
20,000
0
0
0
0
0
0
0
0
3,849
5,832
6,742
7,892
6,146
4,163
2,105
0
02,1054,1636,1467,8926,7425,8323,8490000000020,00020,00020,00020,000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
34,357
44,441
44,646
49,823
0
22,818
26,556
39,099
91,489
94,162
73,748
89,276
61,668
36,976
59,385
73,042
44,941
53,109
57,984
59,139
102,854
116,381
53,057
64,590
72,766
71,701
63,740
121,036
129,961
207,163
187,197
142,788
134,776
67,561
131,633
143,476
136,406
142,406
109,570
116,404
59,171
63,140
50,616
71,028
55,521
57,647
53,745
58,972
48,589
72,573
80,371
109,080
99,793
129,382
160,684
150,372
126,794
131,593
129,557
169,414
140,942
155,807
181,977
198,948
165,914
161,387
155,840
147,990
117,232
116,961
111,492
137,855
116,088
124,147
128,815
169,869
147,711
140,275
125,498
185,140
135,176
157,109
157,605
70,564
64,802
38,280
34,819
40,703
38,552
36,241
38,716
32,191
32,19138,71636,24138,55240,70334,81938,28064,80270,564157,605157,109135,176185,140125,498140,275147,711169,869128,815124,147116,088137,855111,492116,961117,232147,990155,840161,387165,914198,948181,977155,807140,942169,414129,557131,593126,794150,372160,684129,38299,793109,08080,37172,57348,58958,97253,74557,64755,52171,02850,61663,14059,171116,404109,570142,406136,406143,476131,63367,561134,776142,788187,197207,163129,961121,03663,74071,70172,76664,59053,057116,381102,85459,13957,98453,10944,94173,04259,38536,97661,66889,27673,74894,16291,48939,09926,55622,818049,82344,64644,44134,357
       Other Current Liabilities 
54,451
44,155
43,869
60,376
215,281
52,178
45,508
52,077
43,679
30,857
79,727
53,293
53,635
75,101
105,686
118,666
106,959
125,200
178,485
183,319
214,189
194,192
176,116
135,122
132,754
139,362
156,360
172,490
230,284
239,816
245,242
193,662
202,410
172,509
174,089
132,632
131,517
162,189
141,584
124,752
144,021
152,035
163,368
135,644
140,629
118,318
171,853
160,734
137,099
147,949
194,030
227,424
213,811
127,108
189,655
219,730
167,563
132,191
158,555
169,483
178,732
204,598
248,243
284,371
175,823
186,353
315,004
378,985
353,060
339,303
356,315
250,912
1,828
3,481
1,741
179,616
205,282
276,181
311,418
305,768
329,352
227,684
315,531
215,446
344,368
285,900
372,675
331,031
667,720
306,205
448,985
2,564
2,564448,985306,205667,720331,031372,675285,900344,368215,446315,531227,684329,352305,768311,418276,181205,282179,6161,7413,4811,828250,912356,315339,303353,060378,985315,004186,353175,823284,371248,243204,598178,732169,483158,555132,191167,563219,730189,655127,108213,811227,424194,030147,949137,099160,734171,853118,318140,629135,644163,368152,035144,021124,752141,584162,189131,517132,632174,089172,509202,410193,662245,242239,816230,284172,490156,360139,362132,754135,122176,116194,192214,189183,319178,485125,200106,959118,666105,68675,10153,63553,29379,72730,85743,67952,07745,50852,178215,28160,37643,86944,15554,451
   > 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
72,910
72,465
76,135
76,413
76,092
85,766
85,053
94,512
94,106
91,686
89,318
91,365
90,500
88,503
89,813
91,021
85,610
85,621
86,263
109,074
109,07486,26385,62185,61091,02189,81388,50390,50091,36589,31891,68694,10694,51285,05385,76676,09276,41376,13572,46572,910000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
7,000
0
0
565
508
384
389
389
390
390
390
0
0
0
6,708
0
0
1
1
201
1,943
3,637
1,159
1,067
748
552
160
132
111
79
53
37
28
23
19
17,405
17,401
22,396
22,540
25,911
25,897
26,495
26,483
26,890
27,599
27,984
27,958
7,634
7,690
7,723
7,641
8,240
8,449
9,923
9,213
8,208
8,246
8,854
8,782
9,076
8,839
8,934
8,681
8,389
8,166
13,976
33,898
76,151
72,910
72,465
76,135
76,413
76,092
85,766
85,053
94,512
94,106
91,686
89,318
91,365
90,500
88,503
89,813
91,021
0
0
86,263
0
086,2630091,02189,81388,50390,50091,36589,31891,68694,10694,51285,05385,76676,09276,41376,13572,46572,91076,15133,89813,9768,1668,3898,6818,9348,8399,0768,7828,8548,2468,2089,2139,9238,4498,2407,6417,7237,6907,63427,95827,98427,59926,89026,48326,49525,89725,91122,54022,39617,40117,4051923283753791111321605527481,0671,1593,6371,94320111006,708000390390390389389384508565007,0000000
       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
0
39,599
38,273
37,812
38,073
50,632
52,106
51,143
50,109
49,074
34,991
34,017
6,782
32,621
31,075
30,117
29,159
28,200
27,242
0
0
24,346
0
024,3460027,24228,20029,15930,11731,07532,6216,78234,01734,99149,07450,10951,14352,10650,63238,07337,81238,27339,5990000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
253,448
249,042
240,947
245,487
245,585
253,609
252,028
251,892
248,580
256,344
257,061
256,592
252,439
258,110
258,843
262,311
259,842
264,482
269,429
276,674
274,792
282,308
283,267
286,287
291,263
297,927
301,683
302,873
304,437
310,964
314,990
317,347
320,153
331,116
336,744
351,761
356,769
376,520
403,544
417,652
445,647
463,410
494,541
511,665
541,429
565,202
595,623
633,255
670,133
694,743
728,873
768,263
816,939
825,683
888,480
967,616
1,010,230
1,013,342
1,032,674
1,102,046
1,148,643
1,207,933
1,245,420
1,283,989
1,370,064
1,402,838
1,472,344
1,499,445
1,590,026
1,597,808
1,601,036
1,597,914
1,621,584
1,616,187
1,681,852
1,731,139
1,780,703
1,795,837
1,888,309
1,952,596
2,061,562
2,099,808
2,189,266
2,244,689
2,400,710
2,361,867
2,519,637
2,584,088
2,747,814
2,718,465
2,857,416
2,981,885
2,981,8852,857,4162,718,4652,747,8142,584,0882,519,6372,361,8672,400,7102,244,6892,189,2662,099,8082,061,5621,952,5961,888,3091,795,8371,780,7031,731,1391,681,8521,616,1871,621,5841,597,9141,601,0361,597,8081,590,0261,499,4451,472,3441,402,8381,370,0641,283,9891,245,4201,207,9331,148,6431,102,0461,032,6741,013,3421,010,230967,616888,480825,683816,939768,263728,873694,743670,133633,255595,623565,202541,429511,665494,541463,410445,647417,652403,544376,520356,769351,761336,744331,116320,153317,347314,990310,964304,437302,873301,683297,927291,263286,287283,267282,308274,792276,674269,429264,482259,842262,311258,843258,110252,439256,592257,061256,344248,580251,892252,028253,609245,585245,487240,947249,042253,448
   Common Stock
90,336
90,336
90,336
90,336
0
90,336
153,571
153,571
153,571
153,571
153,571
153,571
153,571
153,571
153,571
153,571
153,571
153,571
153,571
153,571
153,571
153,571
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
180,255
234,332
234,332
234,332
234,332
234,332
234,331
234,331
234,331
234,331
234,331
234,331
234,331
234,331
234,331
234,331
234,331
234,331
234,331
234,331
234,331
234,331
234,331
234,331
0
0
234,331
0
0234,33100234,331234,331234,331234,331234,331234,331234,331234,331234,331234,331234,331234,331234,331234,331234,331234,331234,331234,331234,332234,332234,332234,332234,332180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255180,255153,571153,571153,571153,571153,571153,571153,571153,571153,571153,571153,571153,571153,571153,571153,571153,57190,336090,33690,33690,33690,336
   Retained Earnings 
40,049
35,644
28,008
32,365
0
39,268
28,654
25,602
21,916
29,667
30,385
27,370
23,196
28,868
29,600
29,440
26,970
31,536
34,694
31,574
29,692
37,208
38,167
37,578
42,176
48,734
52,490
68,185
69,748
76,276
80,302
81,877
84,683
95,645
101,273
116,291
121,298
141,049
173,599
184,128
212,077
229,840
260,646
273,493
303,257
327,030
357,451
389,906
427,030
451,640
485,771
519,055
602,098
610,842
673,831
752,775
795,390
798,502
817,834
887,206
933,803
993,092
1,028,707
1,067,566
1,154,097
1,133,183
1,202,689
1,229,652
1,303,584
1,311,171
1,314,345
1,300,759
1,243,006
1,237,609
1,303,274
1,434,562
1,484,126
1,499,261
1,591,733
1,655,019
1,763,986
1,802,232
1,891,690
1,947,113
2,103,134
2,064,291
2,222,060
2,286,512
2,322,280
2,292,931
2,559,840
2,556,351
2,556,3512,559,8402,292,9312,322,2802,286,5122,222,0602,064,2912,103,1341,947,1131,891,6901,802,2321,763,9861,655,0191,591,7331,499,2611,484,1261,434,5621,303,2741,237,6091,243,0061,300,7591,314,3451,311,1711,303,5841,229,6521,202,6891,133,1831,154,0971,067,5661,028,707993,092933,803887,206817,834798,502795,390752,775673,831610,842602,098519,055485,771451,640427,030389,906357,451327,030303,257273,493260,646229,840212,077184,128173,599141,049121,298116,291101,27395,64584,68381,87780,30276,27669,74868,18552,49048,73442,17637,57838,16737,20829,69231,57434,69431,53626,97029,44029,60028,86823,19627,37030,38529,66721,91625,60228,65439,268032,36528,00835,64440,049
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   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
0
930
579
329
329
329
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000003293293295799300000000000000000000000000000000000000000000000000000000000000000000000



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 (+$)
totalRevenue2,484,166
Cost of Revenue-337,568
Gross Profit2,146,5972,146,597
 
Operating Income (+$)
Gross Profit2,146,597
Operating Expense-1,210,460
Operating Income1,273,706936,138
 
Operating Expense (+$)
Research Development95,594
Selling General Administrative654,929
Selling And Marketing Expenses0
Operating Expense1,210,460750,523
 
Net Interest Income (+$)
Interest Income26,345
Interest Expense-239
Other Finance Cost-341
Net Interest Income25,765
 
Pretax Income (+$)
Operating Income1,273,706
Net Interest Income25,765
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,325,3911,273,706
EBIT - interestExpense = -239
585,262
585,501
Interest Expense239
Earnings Before Interest and Taxes (EBIT)01,325,630
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax1,325,391
Tax Provision-198,304
Net Income From Continuing Ops1,127,0871,127,087
Net Income585,262
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-25,765
 

Technical Analysis of Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The general trend of Shandong Shanda Wit Science and Technology Co Ltd is BULLISH with 42.9% 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 Shandong Shanda Wit Science and Technology 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 (42.9%) Bearish trend (-42.9%)
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 Shandong Shanda Wit Science and Technology 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: 35.92 < 36.58 < 36.82.

The bearish price targets are: 30.67 > 29.85 > 24.06.

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Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

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

Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The current macd is 1.1292436.

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 Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology 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
Shandong Shanda Wit Science and Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartShandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The current adx is 27.94.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-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 Shandong Shanda Wit Science and Technology Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The current sar is 35.92.

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
Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The current rsi is 66.10. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Shandong Shanda Wit Science and Technology Co Ltd Daily Relative Strength Index (RSI) ChartShandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D 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 Shandong Shanda Wit Science and Technology Co Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Shandong Shanda Wit Science and Technology Co Ltd Daily Stochastic Oscillator ChartShandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The current cci is 57.41.

Shandong Shanda Wit Science and Technology Co Ltd Daily Commodity Channel Index (CCI) ChartShandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The current cmo is 28.53.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Shandong Shanda Wit Science and Technology Co Ltd Daily Chande Momentum Oscillator (CMO) ChartShandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The current willr is -38.15028902.

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 Shandong Shanda Wit Science and Technology Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Shandong Shanda Wit Science and Technology Co Ltd Daily Williams %R ChartShandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd.

Shandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The current atr is 0.86747515.

Shandong Shanda Wit Science and Technology Co Ltd Daily Average True Range (ATR) ChartShandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The current obv is 60,303,329.

Shandong Shanda Wit Science and Technology Co Ltd Daily On-Balance Volume (OBV) ChartShandong Shanda Wit Science and Technology 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 Shandong Shanda Wit Science and Technology Co Ltd. The current mfi is 69.25.

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

  • MFI > 50: +1
Shandong Shanda Wit Science and Technology Co Ltd Daily Money Flow Index (MFI) ChartShandong Shanda Wit Science and Technology Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Shandong Shanda Wit Science and Technology 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
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-23DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-28CCI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08DMI 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
2023-12-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-12STOCH 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
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-22STOCH 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).
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH 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).
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-03MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-06MACD 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18CCI 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).
2024-03-19MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside

6.3. Candlestick Patterns

Shandong Shanda Wit Science and Technology Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Shandong Shanda Wit Science and Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.101
Ma 20Greater thanMa 5033.728
Ma 50Greater thanMa 10030.888
Ma 100Greater thanMa 20031.459
OpenGreater thanClose34.500
Total2/5 (40.0%)
Penke

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