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Tongyang 3PB Preffered
Buy, Hold or Sell?

Let's analyse Tongyang 3PB Preffered together

PenkeI guess you are interested in Tongyang 3PB Preffered. 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 Tongyang 3PB Preffered. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Tongyang 3PB Preffered (30 sec.)










What can you expect buying and holding a share of Tongyang 3PB Preffered? (30 sec.)

How much money do you get?

How much money do you get?
₩0.00
When do you have the money?
1 year
How often do you get paid?
37.5%

What is your share worth?

Current worth
₩4,225.58
Expected worth in 1 year
₩4,502.58
How sure are you?
87.5%

+ What do you gain per year?

Total Gains per Share
₩277.00
Return On Investment
13.2%

For what price can you sell your share?

Current Price per Share
₩2,095.00
Expected price per share
₩2,095 - ₩2,095
How sure are you?
50%

1. Valuation of Tongyang 3PB Preffered (5 min.)




Live pricePrice per Share (EOD)

₩2,095.00

Intrinsic Value Per Share

₩1,155.05 - ₩1,367.88

Total Value Per Share

₩5,380.63 - ₩5,593.46

2. Growth of Tongyang 3PB Preffered (5 min.)




Is Tongyang 3PB Preffered growing?

Current yearPrevious yearGrowGrow %
How rich?$561.4m$541.1m$13.2m2.4%

How much money is Tongyang 3PB Preffered making?

Current yearPrevious yearGrowGrow %
Making money$4.4m$196.9k$4.2m95.6%
Net Profit Margin3.0%0.1%--

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

3. Financial Health of Tongyang 3PB Preffered (5 min.)




What can you expect buying and holding a share of Tongyang 3PB Preffered? (5 min.)

Welcome investor! Tongyang 3PB Preffered's management wants to use your money to grow the business. In return you get a share of Tongyang 3PB Preffered.

What can you expect buying and holding a share of Tongyang 3PB Preffered?

First you should know what it really means to hold a share of Tongyang 3PB Preffered. And how you can make/lose money.

Speculation

The Price per Share of Tongyang 3PB Preffered is ₩2,095. 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 Tongyang 3PB Preffered.
  • 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 Tongyang 3PB Preffered, 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 ₩4,225.58. Based on the TTM, the Book Value Change Per Share is ₩69.25 per quarter. Based on the YOY, the Book Value Change Per Share is ₩-1.11 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 ₩0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Tongyang 3PB Preffered.

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 Eps0.020.0%0.020.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.020.0%0.050.0%0.000.0%0.180.0%0.180.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.010.0%0.010.0%
Usd Total Gains Per Share0.020.0%0.050.0%0.000.0%0.200.0%0.200.0%
Usd Price Per Share1.47-1.47-17.74-17.42-17.49-
Price to Earnings Ratio18.27-0.27--711.47--327.32--233.80-
Price-to-Total Gains Ratio75.50-39.07-2,731.19-1,104.94-1,104.94-
Price to Book Ratio0.50-0.50-6.45-4.75-3.39-
Price-to-Total Gains Ratio75.50-39.07-2,731.19-1,104.94-1,104.94-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.4665
Number of shares681
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share0.050.18
Usd Total Gains Per Share0.050.20
Gains per Quarter (681 shares)33.01133.18
Gains per Year (681 shares)132.04532.70
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1013212229504523
202642545810071056
303963868715111589
4052851811620142122
5066065014625182655
6079278217530223188
7092491420435253721
801056104623340294254
901188117826245324787
1001320131029150365320

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 Share3.01.00.075.0%8.04.00.066.7%10.06.00.062.5%10.06.00.062.5%10.06.00.062.5%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%12.04.00.075.0%12.04.00.075.0%12.04.00.075.0%
Dividend per Share0.00.04.00.0%3.00.09.025.0%6.00.010.037.5%6.00.010.037.5%6.00.010.037.5%
Total Gains per Share4.00.00.0100.0%10.02.00.083.3%14.02.00.087.5%14.02.00.087.5%14.02.00.087.5%

Fundamentals of Tongyang 3PB Preffered

About Tongyang 3PB Preffered

Tongyang Inc. manufactures and sells ready-mixed concrete materials. It manufactures and distributes construction materials, such as ready-mixed concrete and aggregates; and distributes construction materials, including ready-mixed concrete, steel reinforcement, thermal insulation materials, tiles, sanitary wares, and plaster boards. The company is also involved in housing construction projects for apartments, high-end residential facilities, and town houses; civil engineering activities, including the development of traffic facilities, such as roads and harbors, as well as living facilities; construction of building, shopping complexes, and residences; and remodeling services for commercial real estate and apartments. In addition, it engages in designing, equipment supply, construction, and operation of cement plants, power plants, iron works, and chemical plants. The company was formerly known as Tongyang Major Corporation and changed its name to Tongyang Inc. in March 2011. Tongyang Inc. was founded in 1955 and is headquartered in Seoul, South Korea.

Fundamental data was last updated by Penke on 2024-03-24 00:36:04.

Financial Health

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

1.1. Profitability of Tongyang 3PB Preffered.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Tongyang 3PB Preffered earns for each ₩1 of revenue.

  • Above 10% is considered healthy but always compare Tongyang 3PB Preffered to the Construction Materials industry mean.
  • A Net Profit Margin of 2.8% means that ₩0.03 for each ₩1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Tongyang 3PB Preffered:

  • The MRQ is 2.8%. The company is making a profit. +1
  • The TTM is 3.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.8%TTM3.0%-0.2%
TTM3.0%YOY0.1%+3.0%
TTM3.0%5Y0.0%+3.0%
5Y0.0%10Y0.8%-0.7%
1.1.2. Return on Assets

Shows how efficient Tongyang 3PB Preffered is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Tongyang 3PB Preffered to the Construction Materials industry mean.
  • 0.5% Return on Assets means that Tongyang 3PB Preffered generated ₩0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Tongyang 3PB Preffered:

  • The MRQ is 0.5%. 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+/- 
MRQ0.5%TTM0.6%-0.1%
TTM0.6%YOY0.0%+0.6%
TTM0.6%5Y0.0%+0.6%
5Y0.0%10Y0.1%-0.1%
1.1.3. Return on Equity

Shows how efficient Tongyang 3PB Preffered is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Tongyang 3PB Preffered to the Construction Materials industry mean.
  • 0.7% Return on Equity means Tongyang 3PB Preffered generated ₩0.01 for each ₩1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Tongyang 3PB Preffered:

  • The MRQ is 0.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM0.8%-0.1%
TTM0.8%YOY0.0%+0.8%
TTM0.8%5Y0.1%+0.7%
5Y0.1%10Y0.2%-0.1%

1.2. Operating Efficiency of Tongyang 3PB Preffered.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Tongyang 3PB Preffered is operating .

  • Measures how much profit Tongyang 3PB Preffered 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 Tongyang 3PB Preffered to the Construction Materials 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 Tongyang 3PB Preffered:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.6%+0.6%
TTM-5Y0.5%-0.5%
5Y0.5%10Y0.7%-0.2%
1.2.2. Operating Ratio

Measures how efficient Tongyang 3PB Preffered is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Construction Materials industry mean).
  • An Operation Ratio of 1.84 means that the operating costs are ₩1.84 for each ₩1 in net sales.

Let's take a look of the Operating Ratio trends of Tongyang 3PB Preffered:

  • The MRQ is 1.839. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.843. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.839TTM1.843-0.004
TTM1.843YOY1.857-0.013
TTM1.8435Y1.882-0.039
5Y1.88210Y1.880+0.003

1.3. Liquidity of Tongyang 3PB Preffered.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Tongyang 3PB Preffered is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Construction Materials industry mean).
  • A Current Ratio of 1.80 means the company has ₩1.80 in assets for each ₩1 in short-term debts.

Let's take a look of the Current Ratio trends of Tongyang 3PB Preffered:

  • The MRQ is 1.802. The company is able to pay all its short-term debts. +1
  • The TTM is 2.019. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.802TTM2.019-0.217
TTM2.019YOY2.144-0.126
TTM2.0195Y2.278-0.259
5Y2.27810Y2.894-0.616
1.3.2. Quick Ratio

Measures if Tongyang 3PB Preffered is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Tongyang 3PB Preffered to the Construction Materials industry mean.
  • A Quick Ratio of 0.78 means the company can pay off ₩0.78 for each ₩1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Tongyang 3PB Preffered:

  • The MRQ is 0.776. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.071. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ0.776TTM1.071-0.295
TTM1.071YOY1.241-0.170
TTM1.0715Y1.354-0.283
5Y1.35410Y1.632-0.278

1.4. Solvency of Tongyang 3PB Preffered.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Tongyang 3PB Preffered assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Tongyang 3PB Preffered to Construction Materials industry mean.
  • A Debt to Asset Ratio of 0.26 means that Tongyang 3PB Preffered assets are financed with 25.7% credit (debt) and the remaining percentage (100% - 25.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Tongyang 3PB Preffered:

  • The MRQ is 0.257. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.229. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.257TTM0.229+0.028
TTM0.229YOY0.223+0.005
TTM0.2295Y0.208+0.021
5Y0.20810Y0.189+0.019
1.4.2. Debt to Equity Ratio

Measures if Tongyang 3PB Preffered is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Tongyang 3PB Preffered to the Construction Materials industry mean.
  • A Debt to Equity ratio of 34.6% means that company has ₩0.35 debt for each ₩1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Tongyang 3PB Preffered:

  • The MRQ is 0.346. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.297. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.346TTM0.297+0.049
TTM0.297YOY0.282+0.015
TTM0.2975Y0.261+0.036
5Y0.26110Y0.234+0.028

2. Market Valuation of Tongyang 3PB Preffered

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 Tongyang 3PB Preffered generates.

  • Above 15 is considered overpriced but always compare Tongyang 3PB Preffered to the Construction Materials industry mean.
  • A PE ratio of 18.27 means the investor is paying ₩18.27 for every ₩1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Tongyang 3PB Preffered:

  • The EOD is 18.273. Based on the earnings, the company is fair priced.
  • The MRQ is 18.273. Based on the earnings, the company is fair priced.
  • The TTM is 0.268. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD18.273MRQ18.2730.000
MRQ18.273TTM0.268+18.004
TTM0.268YOY-711.473+711.742
TTM0.2685Y-327.320+327.588
5Y-327.32010Y-233.800-93.520
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Tongyang 3PB Preffered:

  • The EOD is 14.562. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 14.562. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.400. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD14.562MRQ14.5620.000
MRQ14.562TTM2.400+12.162
TTM2.400YOY-7.535+9.935
TTM2.4005Y-400.558+402.958
5Y-400.55810Y-286.113-114.445
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Tongyang 3PB Preffered is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Construction Materials industry mean).
  • A PB ratio of 0.50 means the investor is paying ₩0.50 for each ₩1 in book value.

Let's take a look of the Price to Book Ratio trends of Tongyang 3PB Preffered:

  • The EOD is 0.496. Based on the equity, the company is cheap. +2
  • The MRQ is 0.496. Based on the equity, the company is cheap. +2
  • The TTM is 0.504. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.496MRQ0.4960.000
MRQ0.496TTM0.504-0.008
TTM0.504YOY6.449-5.945
TTM0.5045Y4.750-4.246
5Y4.75010Y3.393+1.357
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Tongyang 3PB Preffered 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--27.74869.249-60%-1.106+104%264.099-89%264.099-89%
Book Value Per Share--4225.5814155.503+2%3936.740+7%3218.762+31%2299.116+84%
Current Ratio--1.8022.019-11%2.144-16%2.278-21%2.894-38%
Debt To Asset Ratio--0.2570.229+12%0.223+15%0.208+24%0.189+36%
Debt To Equity Ratio--0.3460.297+16%0.282+23%0.261+32%0.234+48%
Dividend Per Share----0%-0%15.270-100%15.270-100%
Eps--28.66333.369-14%1.398+1951%5.038+469%3.599+696%
Free Cash Flow Per Share--35.96642.679-16%-5.699+116%12.530+187%12.530+187%
Free Cash Flow To Equity Per Share--35.96642.679-16%-2.518+107%8.471+325%8.471+325%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--1367.883--------
Intrinsic Value_10Y_min--1155.047--------
Intrinsic Value_1Y_max--66.318--------
Intrinsic Value_1Y_min--65.098--------
Intrinsic Value_3Y_max--253.181--------
Intrinsic Value_3Y_min--240.618--------
Intrinsic Value_5Y_max--505.055--------
Intrinsic Value_5Y_min--464.137--------
Market Cap--397639511985.000399326647957.5000%4994018711547.500-92%3742184002658.500-89%2672988573327.500-85%
Net Profit Margin--0.0280.030-8%0.001+3278%0.000+5724%0.008+254%
Operating Margin----0%-0.0060%0.005-100%0.007-100%
Operating Ratio--1.8391.8430%1.857-1%1.882-2%1.880-2%
Pb Ratio0.4960%0.4960.504-2%6.449-92%4.750-90%3.393-85%
Pe Ratio18.2730%18.2730.268+6713%-711.473+3994%-327.320+1891%-233.800+1380%
Price Per Share2095.0000%2095.0002095.0000%25348.750-92%24878.750-92%24991.964-92%
Price To Free Cash Flow Ratio14.5620%14.5622.400+507%-7.535+152%-400.558+2851%-286.113+2065%
Price To Total Gains Ratio75.5000%75.50039.065+93%2731.192-97%1104.941-93%1104.941-93%
Quick Ratio--0.7761.071-28%1.241-37%1.354-43%1.632-52%
Return On Assets--0.0050.006-17%0.000+1732%0.000+1106%0.001+298%
Return On Equity--0.0070.008-15%0.000+1866%0.001+1013%0.002+334%
Total Gains Per Share--27.74869.249-60%-1.106+104%279.369-90%279.369-90%
Usd Book Value--561422732.990554402786.222+1%541192510.422+4%557381882.442+1%568364984.800-1%
Usd Book Value Change Per Share--0.0190.048-60%-0.001+104%0.185-89%0.185-89%
Usd Book Value Per Share--2.9582.909+2%2.756+7%2.253+31%1.609+84%
Usd Dividend Per Share----0%-0%0.011-100%0.011-100%
Usd Eps--0.0200.023-14%0.001+1951%0.004+469%0.003+696%
Usd Free Cash Flow--4778557.2805681155.365-16%-534399.367+111%1180566.953+305%843262.109+467%
Usd Free Cash Flow Per Share--0.0250.030-16%-0.004+116%0.009+187%0.009+187%
Usd Free Cash Flow To Equity Per Share--0.0250.030-16%-0.002+107%0.006+325%0.006+325%
Usd Market Cap--278347658.390279528653.5700%3495813098.083-92%2619528801.861-89%1871092001.329-85%
Usd Price Per Share1.4670%1.4671.4670%17.744-92%17.415-92%17.494-92%
Usd Profit--3808256.1584426264.439-14%196907.254+1834%337343.835+1029%912910.091+317%
Usd Revenue--135743795.397145973846.627-7%131342638.264+3%117904917.694+15%109161764.760+24%
Usd Total Gains Per Share--0.0190.048-60%-0.001+104%0.196-90%0.196-90%
 EOD+0 -0MRQTTM+6 -24YOY+22 -105Y+18 -1710Y+17 -18

3.2. Fundamental Score

Let's check the fundamental score of Tongyang 3PB Preffered based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1518.273
Price to Book Ratio (EOD)Between0-10.496
Net Profit Margin (MRQ)Greater than00.028
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.776
Current Ratio (MRQ)Greater than11.802
Debt to Asset Ratio (MRQ)Less than10.257
Debt to Equity Ratio (MRQ)Less than10.346
Return on Equity (MRQ)Greater than0.150.007
Return on Assets (MRQ)Greater than0.050.005
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Tongyang 3PB Preffered based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than500.000
Ma 20Greater thanMa 502,095.000
Ma 50Greater thanMa 1002,095.000
Ma 100Greater thanMa 2002,095.000
OpenGreater thanClose2,095.000
Total0/5 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets1,079,664,589
Total Liabilities277,632,114
Total Stockholder Equity802,094,813
 As reported
Total Liabilities 277,632,114
Total Stockholder Equity+ 802,094,813
Total Assets = 1,079,664,589

Assets

Total Assets1,079,664,589
Total Current Assets446,970,493
Long-term Assets632,694,097
Total Current Assets
Cash And Cash Equivalents 104,845,479
Short-term Investments 49,905,483
Net Receivables 142,690,379
Inventory 87,622,696
Other Current Assets 280,776
Total Current Assets  (as reported)446,970,493
Total Current Assets  (calculated)385,344,813
+/- 61,625,680
Long-term Assets
Property Plant Equipment 284,454,888
Intangible Assets 1,934,819
Long-term Assets Other 0
Long-term Assets  (as reported)632,694,097
Long-term Assets  (calculated)286,389,707
+/- 346,304,390

Liabilities & Shareholders' Equity

Total Current Liabilities248,039,060
Long-term Liabilities29,593,054
Total Stockholder Equity802,094,813
Total Current Liabilities
Short Long Term Debt 89,549,920
Accounts payable 95,197,198
Other Current Liabilities 364,654
Total Current Liabilities  (as reported)248,039,060
Total Current Liabilities  (calculated)185,111,772
+/- 62,927,288
Long-term Liabilities
Long term Debt 14,687,500
Capital Lease Obligations Min Short Term Debt9,885,494
Long-term Liabilities Other 0
Long-term Liabilities  (as reported)29,593,054
Long-term Liabilities  (calculated)24,572,994
+/- 5,020,060
Total Stockholder Equity
Retained Earnings 131,504,236
Total Stockholder Equity (as reported)802,094,813
Total Stockholder Equity (calculated)131,504,236
+/- 670,590,577
Other
Capital Stock119,855,250
Common Stock Shares Outstanding 189,804
Net Invested Capital 905,819,015
Net Working Capital 198,931,433
Property Plant and Equipment Gross 396,521,888



Balance Sheet

Currency in KRW. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
1,004,693,583
993,484,524
983,181,290
995,956,118
980,377,628
980,848,873
998,975,500
988,809,400
977,551,540
1,002,311,475
1,008,098,668
996,862,805
1,017,398,588
1,005,283,558
1,015,433,754
1,020,372,833
996,760,196
991,068,274
997,497,252
985,562,718
1,007,233,610
997,125,722
984,543,748
992,901,648
983,550,241
1,004,261,725
1,043,850,196
1,079,664,589
1,079,664,5891,043,850,1961,004,261,725983,550,241992,901,648984,543,748997,125,7221,007,233,610985,562,718997,497,252991,068,274996,760,1961,020,372,8331,015,433,7541,005,283,5581,017,398,588996,862,8051,008,098,6681,002,311,475977,551,540988,809,400998,975,500980,848,873980,377,628995,956,118983,181,290993,484,5241,004,693,583
   > Total Current Assets 
627,619,459
601,671,090
588,237,652
594,622,246
500,727,358
471,874,618
443,715,659
422,791,949
412,193,713
409,534,511
411,811,153
372,595,174
388,223,599
393,139,559
373,179,617
366,708,903
352,315,320
341,855,168
359,325,636
325,307,228
413,725,955
405,840,119
391,804,968
395,214,616
393,101,021
408,147,609
452,696,593
446,970,493
446,970,493452,696,593408,147,609393,101,021395,214,616391,804,968405,840,119413,725,955325,307,228359,325,636341,855,168352,315,320366,708,903373,179,617393,139,559388,223,599372,595,174411,811,153409,534,511412,193,713422,791,949443,715,659471,874,618500,727,358594,622,246588,237,652601,671,090627,619,459
       Cash And Cash Equivalents 
29,660,866
42,652,933
100,418,919
73,877,575
15,920,010
62,793,093
34,028,361
37,307,881
26,543,326
15,350,118
27,850,738
12,770,135
10,289,417
13,948,477
42,000,848
42,077,092
58,718,134
69,133,790
65,522,922
60,951,092
79,629,994
38,957,392
36,503,098
46,961,147
40,124,227
31,367,895
75,137,151
104,845,479
104,845,47975,137,15131,367,89540,124,22746,961,14736,503,09838,957,39279,629,99460,951,09265,522,92269,133,79058,718,13442,077,09242,000,84813,948,47710,289,41712,770,13527,850,73815,350,11826,543,32637,307,88134,028,36162,793,09315,920,01073,877,575100,418,91942,652,93329,660,866
       Short-term Investments 
196,204,372
182,240,716
87,620,891
96,882,577
102,479,271
81,141,835
84,251,981
50,533,717
45,661,177
145,028,191
127,385,898
114,817,617
127,684,044
141,576,588
86,715,884
88,530,400
69,332,614
48,798,443
57,800,624
48,006,721
101,215,692
116,279,477
96,745,176
74,980,159
94,059,189
93,912,866
66,359,942
49,905,483
49,905,48366,359,94293,912,86694,059,18974,980,15996,745,176116,279,477101,215,69248,006,72157,800,62448,798,44369,332,61488,530,40086,715,884141,576,588127,684,044114,817,617127,385,898145,028,19145,661,17750,533,71784,251,98181,141,835102,479,27196,882,57787,620,891182,240,716196,204,372
       Net Receivables 
172,509,386
166,565,197
173,243,518
186,650,300
180,260,193
152,236,486
167,315,809
153,686,810
155,694,208
147,223,944
150,866,327
125,670,323
152,622,574
141,026,156
144,823,546
136,728,999
135,916,459
130,717,034
142,857,117
116,016,541
136,096,042
141,643,505
131,067,892
131,991,148
134,958,080
142,496,470
165,490,895
142,690,379
142,690,379165,490,895142,496,470134,958,080131,991,148131,067,892141,643,505136,096,042116,016,541142,857,117130,717,034135,916,459136,728,999144,823,546141,026,156152,622,574125,670,323150,866,327147,223,944155,694,208153,686,810167,315,809152,236,486180,260,193186,650,300173,243,518166,565,197172,509,386
       Inventory 
51,178,396
51,154,632
54,949,381
60,986,173
66,385,318
67,689,236
71,339,384
71,048,247
78,146,298
76,696,321
76,729,615
81,873,004
77,247,474
70,777,954
79,731,647
72,996,371
70,766,963
65,205,362
69,653,283
75,897,687
72,162,263
77,197,127
83,162,820
86,924,520
82,180,110
81,298,865
84,757,066
87,622,696
87,622,69684,757,06681,298,86582,180,11086,924,52083,162,82077,197,12772,162,26375,897,68769,653,28365,205,36270,766,96372,996,37179,731,64770,777,95477,247,47481,873,00476,729,61576,696,32178,146,29871,048,24771,339,38467,689,23666,385,31860,986,17354,949,38151,154,63251,178,396
       Other Current Assets 
6,992,438
9,681,175
10,033,427
8,985,123
7,748,379
24,384,709
18,852,813
24,545,883
18,248,514
67,160
16,609
88,063
19,227,298
24,315,156
18,809,463
27,194,249
17,151,151
26,082,540
21,590,690
22,953,187
22,841,964
27,962,618
-45,139,828
-45,135,608
-45,142,790
273,209
-45,141,309
280,776
280,776-45,141,309273,209-45,142,790-45,135,608-45,139,82827,962,61822,841,96422,953,18721,590,69026,082,54017,151,15127,194,24918,809,46324,315,15619,227,29888,06316,60967,16018,248,51424,545,88318,852,81324,384,7097,748,3798,985,12310,033,4279,681,1756,992,438
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
592,776,964
596,287,515
624,267,631
629,174,990
612,143,999
642,254,138
653,663,929
644,444,876
649,213,106
594,843,883
611,355,190
593,507,655
591,285,603
592,738,780
597,687,032
590,449,220
596,114,116
591,153,603
632,694,097
632,694,097591,153,603596,114,116590,449,220597,687,032592,738,780591,285,603593,507,655611,355,190594,843,883649,213,106644,444,876653,663,929642,254,138612,143,999629,174,990624,267,631596,287,515592,776,964000000000
       Property Plant Equipment 
264,562,169
280,936,785
285,729,971
287,085,362
254,988,980
259,490,829
261,618,321
260,548,136
265,439,153
288,746,327
288,701,473
286,780,090
295,417,340
291,005,631
301,360,377
301,772,318
293,892,404
295,405,284
292,070,473
295,096,734
290,666,029
288,013,397
0
276,912,702
275,257,889
280,106,153
283,719,206
284,454,888
284,454,888283,719,206280,106,153275,257,889276,912,7020288,013,397290,666,029295,096,734292,070,473295,405,284293,892,404301,772,318301,360,377291,005,631295,417,340286,780,090288,701,473288,746,327265,439,153260,548,136261,618,321259,490,829254,988,980287,085,362285,729,971280,936,785264,562,169
       Goodwill 
7,254,976
7,254,976
7,254,976
7,254,976
7,254,976
7,254,976
7,255,000
7,254,976
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000007,254,9767,255,0007,254,9767,254,9767,254,9767,254,9767,254,9767,254,976
       Long Term Investments 
6,251,930
6,148,032
6,182,337
10,242,080
89,912,804
109,047,792
152,955,627
164,079,530
162,247,260
166,719,701
171,592,586
199,663,461
204,817,508
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000204,817,508199,663,461171,592,586166,719,701162,247,260164,079,530152,955,627109,047,79289,912,80410,242,0806,182,3376,148,0326,251,930
       Intangible Assets 
1,557,090
1,518,682
1,505,470
2,468,909
2,344,178
1,541,352
3,215,140
3,465,989
4,315,481
5,991,385
5,879,754
5,605,291
5,325,137
5,134,679
4,865,176
4,677,021
2,195,332
2,575,029
2,503,980
2,542,689
2,448,453
2,327,823
2,285,912
2,390,068
1,982,387
1,934,844
2,006,270
1,934,819
1,934,8192,006,2701,934,8441,982,3872,390,0682,285,9122,327,8232,448,4532,542,6892,503,9802,575,0292,195,3324,677,0214,865,1765,134,6795,325,1375,605,2915,879,7545,991,3854,315,4813,465,9893,215,1401,541,3522,344,1782,468,9091,505,4701,518,6821,557,090
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
-849
-951
-1,331
0
1
0
0
0
0
1
0
-1
1
0
0
1
0
1
0
0101001-101000010-1,331-951-849000000000
> Total Liabilities 
142,005,991
143,323,839
131,738,858
139,477,623
128,729,045
139,621,086
150,805,747
141,221,976
143,436,584
179,239,656
182,216,553
176,554,359
198,252,712
201,654,497
204,182,215
212,199,208
217,173,926
215,709,467
216,743,462
202,186,934
223,240,278
225,962,527
216,499,239
223,574,052
200,018,245
218,576,018
247,084,453
277,632,114
277,632,114247,084,453218,576,018200,018,245223,574,052216,499,239225,962,527223,240,278202,186,934216,743,462215,709,467217,173,926212,199,208204,182,215201,654,497198,252,712176,554,359182,216,553179,239,656143,436,584141,221,976150,805,747139,621,086128,729,045139,477,623131,738,858143,323,839142,005,991
   > Total Current Liabilities 
120,174,876
121,141,173
114,528,019
121,433,123
111,639,324
121,446,350
131,206,824
121,043,218
122,945,435
140,879,230
143,285,244
135,234,553
163,767,822
165,250,470
166,169,445
173,142,684
180,554,378
178,113,786
176,901,070
162,850,426
186,917,534
188,987,508
183,316,015
190,077,499
176,610,018
196,975,830
229,238,195
248,039,060
248,039,060229,238,195196,975,830176,610,018190,077,499183,316,015188,987,508186,917,534162,850,426176,901,070178,113,786180,554,378173,142,684166,169,445165,250,470163,767,822135,234,553143,285,244140,879,230122,945,435121,043,218131,206,824121,446,350111,639,324121,433,123114,528,019121,141,173120,174,876
       Short-term Debt 
1,970,000
1,470,000
1,400,000
1,200,000
1,870,292
1,809,359
1,855,389
0
0
7,675,952
6,338,482
6,314,282
16,456,005
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000016,456,0056,314,2826,338,4827,675,952001,855,3891,809,3591,870,2921,200,0001,400,0001,470,0001,970,000
       Short Long Term Debt 
1,970,000
1,470,000
1,400,000
1,200,000
1,870,292
1,809,359
1,855,389
0
0
7,675,952
6,338,482
6,314,282
16,456,005
20,241,080
16,317,898
32,155,780
32,361,507
30,303,248
29,122,322
29,174,062
29,625,000
29,937,500
30,250,000
30,105,252
45,925,170
46,031,020
52,457,120
89,549,920
89,549,92052,457,12046,031,02045,925,17030,105,25230,250,00029,937,50029,625,00029,174,06229,122,32230,303,24832,361,50732,155,78016,317,89820,241,08016,456,0056,314,2826,338,4827,675,952001,855,3891,809,3591,870,2921,200,0001,400,0001,470,0001,970,000
       Accounts payable 
68,437,417
66,473,005
67,873,715
81,117,370
72,105,788
68,569,025
85,386,294
77,234,389
82,421,454
78,648,050
85,195,876
80,437,170
92,036,524
91,499,562
101,641,057
94,072,653
89,710,136
92,902,775
97,807,513
61,507,794
98,199,577
102,217,947
103,273,579
106,729,800
79,538,897
92,961,688
113,660,224
95,197,198
95,197,198113,660,22492,961,68879,538,897106,729,800103,273,579102,217,94798,199,57761,507,79497,807,51392,902,77589,710,13694,072,653101,641,05791,499,56292,036,52480,437,17085,195,87678,648,05082,421,45477,234,38985,386,29468,569,02572,105,78881,117,37067,873,71566,473,00568,437,417
       Other Current Liabilities 
45,614,459
50,305,168
42,123,304
35,809,753
33,941,244
48,003,966
40,207,141
36,807,108
32,690,840
428,455
443,523
183,979
43,005,942
45,638,425
39,626,446
37,938,302
48,669,704
46,426,458
40,005,808
62,994,979
47,846,554
47,262,443
557,868
536,724
414,714
358,167
626,936
364,654
364,654626,936358,167414,714536,724557,86847,262,44347,846,55462,994,97940,005,80846,426,45848,669,70437,938,30239,626,44645,638,42543,005,942183,979443,523428,45532,690,84036,807,10840,207,14148,003,96633,941,24435,809,75342,123,30450,305,16845,614,459
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
38,360,426
38,931,309
41,319,806
34,484,890
36,404,027
38,012,770
39,056,524
36,619,547
37,595,681
39,811,519
39,336,509
36,322,744
36,975,020
33,183,224
33,496,553
23,408,227
21,600,189
17,846,258
29,593,054
29,593,05417,846,25821,600,18923,408,22733,496,55333,183,22436,975,02036,322,74439,336,50939,811,51937,595,68136,619,54739,056,52438,012,77036,404,02734,484,89041,319,80638,931,30938,360,426000000000
       Capital Lease Obligations Min Short Term Debt
-1,970,000
-1,470,000
-1,400,000
-1,200,000
-1,870,292
-1,809,359
-1,855,389
0
0
10,768,940
12,010,272
12,319,034
2,354,929
18,149,000
18,424,563
17,445,705
19,896,360
19,987,445
19,228,711
18,475,908
17,348,293
17,322,343
12,257,396
10,706,742
9,705,481
8,850,301
8,253,560
9,885,494
9,885,4948,253,5608,850,3019,705,48110,706,74212,257,39617,322,34317,348,29318,475,90819,228,71119,987,44519,896,36017,445,70518,424,56318,149,0002,354,92912,319,03412,010,27210,768,94000-1,855,389-1,809,359-1,870,292-1,200,000-1,400,000-1,470,000-1,970,000
       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
0000000000000000000000000000
       Deferred Long Term Liability 
1,104,000
1,162,000
1,066,000
0
0
813,000
0
703,000
613,000
1,045,385
1,016,000
888,000
761,000
738,000
716,176
644,000
589,000
1,009,029
914,980
1,015,000
1,031,000
945,823
0
0
0
0
0
0
000000945,8231,031,0001,015,000914,9801,009,029589,000644,000716,176738,000761,000888,0001,016,0001,045,385613,000703,0000813,000001,066,0001,162,0001,104,000
> Total Stockholder Equity
862,251,014
849,957,572
851,590,423
856,544,911
851,762,438
841,496,642
848,390,187
847,800,671
834,410,483
824,088,096
827,009,616
822,808,054
821,807,688
806,447,999
814,195,732
812,805,450
787,500,844
783,559,893
789,726,094
793,117,737
798,011,656
785,543,182
782,548,604
784,349,017
783,595,692
785,745,726
796,829,335
802,094,813
802,094,813796,829,335785,745,726783,595,692784,349,017782,548,604785,543,182798,011,656793,117,737789,726,094783,559,893787,500,844812,805,450814,195,732806,447,999821,807,688822,808,054827,009,616824,088,096834,410,483847,800,671848,390,187841,496,642851,762,438856,544,911851,590,423849,957,572862,251,014
   Common Stock
119,342,032
119,342,032
119,342,032
119,342,032
119,342,032
119,342,032
119,342,032
119,342,032
119,342,032
119,342,032
119,342,032
119,342,032
119,855,250
119,855,250
119,855,250
119,855,250
119,855,250
119,855,250
119,855,250
119,855,250
119,855,250
119,855,250
0
0
0
0
0
0
000000119,855,250119,855,250119,855,250119,855,250119,855,250119,855,250119,855,250119,855,250119,855,250119,855,250119,342,032119,342,032119,342,032119,342,032119,342,032119,342,032119,342,032119,342,032119,342,032119,342,032119,342,032119,342,032
   Retained Earnings 
156,753,897
148,125,997
159,103,464
164,084,134
161,455,035
151,763,278
158,455,131
158,712,813
149,014,577
138,100,779
140,676,028
131,212,518
136,771,750
126,219,067
132,289,540
131,940,956
107,050,160
102,930,304
109,285,310
112,117,119
117,646,926
107,423,840
106,793,957
107,853,731
111,231,171
115,053,190
126,059,714
131,504,236
131,504,236126,059,714115,053,190111,231,171107,853,731106,793,957107,423,840117,646,926112,117,119109,285,310102,930,304107,050,160131,940,956132,289,540126,219,067136,771,750131,212,518140,676,028138,100,779149,014,577158,712,813158,455,131151,763,278161,455,035164,084,134159,103,464148,125,997156,753,897
   Capital Surplus 0000000000000000000000000000
   Treasury Stock0000000000000000000000000000
   Other Stockholders Equity 
5,874,044
5,542,201
4,519,336
4,494,154
2,339,781
1,765,741
1,967,433
1,120,235
1,653,492
2,374,120
2,794,020
3,471,968
3,542,671
2,156,953
3,834,212
2,792,514
2,378,704
692,634,295
2,368,804
2,928,637
2,292,751
2,020,381
0
0
0
0
0
0
0000002,020,3812,292,7512,928,6372,368,804692,634,2952,378,7042,792,5143,834,2122,156,9533,542,6713,471,9682,794,0202,374,1201,653,4921,120,2351,967,4331,765,7412,339,7814,494,1544,519,3365,542,2015,874,044



Balance Sheet

Currency in KRW. All numbers in thousands.




Cash Flow

Currency in KRW. All numbers in thousands.




Income Statement

Currency in KRW. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue834,136,266
Cost of Revenue-733,687,445
Gross Profit100,448,821100,448,821
 
Operating Income (+$)
Gross Profit100,448,821
Operating Expense-803,620,102
Operating Income30,516,164-703,171,281
 
Operating Expense (+$)
Research Development1,744,000
Selling General Administrative21,587,657
Selling And Marketing Expenses-
Operating Expense803,620,10223,331,657
 
Net Interest Income (+$)
Interest Income6,709,000
Interest Expense-3,444,888
Other Finance Cost-1
Net Interest Income3,264,113
 
Pretax Income (+$)
Operating Income30,516,164
Net Interest Income3,264,113
Other Non-Operating Income Expenses-
Income Before Tax (EBT)17,391,94330,516,164
EBIT - interestExpense = -3,444,888
25,292,940
28,737,828
Interest Expense3,444,888
Earnings Before Interest and Taxes (EBIT)-20,836,831
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax17,391,943
Tax Provision-14,392,433
Net Income From Continuing Ops2,999,5102,999,510
Net Income25,292,940
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--3,264,113
 

Technical Analysis of Tongyang 3PB Preffered
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 Tongyang 3PB Preffered. The general trend of Tongyang 3PB Preffered is BEARISH with 100.0% 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 Tongyang 3PB Preffered'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 (-100.0%) Bearish trend (100.0%)
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 Tongyang 3PB Preffered.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 2,095 < 2,095 < 2,095.

The bearish price targets are: 2,095 > 2,095 > 2,095.

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Tongyang 3PB Preffered 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 Tongyang 3PB Preffered. The current mas is .

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

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

Directionalities and relatives.

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

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

Tongyang 3PB Preffered 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 Tongyang 3PB Preffered. The current macd is 0.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Tongyang 3PB Preffered price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Tongyang 3PB Preffered. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Tongyang 3PB Preffered price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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
Tongyang 3PB Preffered Daily Moving Average Convergence/Divergence (MACD) ChartTongyang 3PB Preffered 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 Tongyang 3PB Preffered. The current adx is 11.66.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is 0/(-7 +7).

  • 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.
Tongyang 3PB Preffered 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 Tongyang 3PB Preffered. The current sar is 2,095.

Tongyang 3PB Preffered 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 Tongyang 3PB Preffered. The current rsi is 0. The current phase is Oversold in bear market.

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

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
Tongyang 3PB Preffered Daily Relative Strength Index (RSI) ChartTongyang 3PB Preffered 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 Tongyang 3PB Preffered. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-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 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 Tongyang 3PB Preffered price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Tongyang 3PB Preffered Daily Stochastic Oscillator ChartTongyang 3PB Preffered 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 Tongyang 3PB Preffered. The current cci is 0.

Tongyang 3PB Preffered Daily Commodity Channel Index (CCI) ChartTongyang 3PB Preffered 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 Tongyang 3PB Preffered. The current cmo is 0.

Tongyang 3PB Preffered Daily Chande Momentum Oscillator (CMO) ChartTongyang 3PB Preffered 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 Tongyang 3PB Preffered. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Tongyang 3PB Preffered Daily Williams %R ChartTongyang 3PB Preffered 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 Tongyang 3PB Preffered.

Tongyang 3PB Preffered 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 Tongyang 3PB Preffered. The current atr is 0.

Tongyang 3PB Preffered Daily Average True Range (ATR) ChartTongyang 3PB Preffered 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 Tongyang 3PB Preffered. The current obv is -248,374.

Tongyang 3PB Preffered Daily On-Balance Volume (OBV) ChartTongyang 3PB Preffered 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 Tongyang 3PB Preffered. The current mfi is 0.

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

  • MFI < 50: -1
  • MFI < 20: -1
Tongyang 3PB Preffered Daily Money Flow Index (MFI) ChartTongyang 3PB Preffered Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Tongyang 3PB Preffered.

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
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Tongyang 3PB Preffered Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Tongyang 3PB Preffered based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than500.000
Ma 20Greater thanMa 502,095.000
Ma 50Greater thanMa 1002,095.000
Ma 100Greater thanMa 2002,095.000
OpenGreater thanClose2,095.000
Total0/5 (0.0%)
Penke

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