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Ningbo Huaxiang Electronic Co Ltd
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PenkeI guess you are interested in Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd (30 sec.)










What can you expect buying and holding a share of Ningbo Huaxiang Electronic Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.04
When do you have the money?
1 year
How often do you get paid?
97.5%

What is your share worth?

Current worth
¥16.70
Expected worth in 1 year
¥18.36
How sure are you?
92.5%

+ What do you gain per year?

Total Gains per Share
¥1.95
Return On Investment
15.3%

For what price can you sell your share?

Current Price per Share
¥12.78
Expected price per share
¥10.04 - ¥13.64
How sure are you?
50%

1. Valuation of Ningbo Huaxiang Electronic Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥12.78

Intrinsic Value Per Share

¥-0.71 - ¥22.13

Total Value Per Share

¥15.98 - ¥38.82

2. Growth of Ningbo Huaxiang Electronic Co Ltd (5 min.)




Is Ningbo Huaxiang Electronic Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$1.8b$1.6b$136.9m7.6%

How much money is Ningbo Huaxiang Electronic Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$35.6m$39.3m-$3.6m-10.4%
Net Profit Margin4.6%5.9%--

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

3. Financial Health of Ningbo Huaxiang Electronic Co Ltd (5 min.)




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




  Industry Rankings (Auto Parts)  


Richest
#55 / 564

Most Revenue
#80 / 564

Most Profit
#81 / 564

Most Efficient
#237 / 564

What can you expect buying and holding a share of Ningbo Huaxiang Electronic Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Ningbo Huaxiang Electronic Co Ltd?

First you should know what it really means to hold a share of Ningbo Huaxiang Electronic Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Ningbo Huaxiang Electronic Co Ltd is ¥12.78. 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 Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic 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 ¥16.70. Based on the TTM, the Book Value Change Per Share is ¥0.42 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.12 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 ¥0.07 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ningbo Huaxiang Electronic 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 Eps0.060.4%0.050.4%0.050.4%0.050.4%0.030.3%
Usd Book Value Change Per Share0.090.7%0.060.4%0.020.1%0.040.3%0.040.3%
Usd Dividend Per Share0.000.0%0.010.1%0.100.7%0.030.2%0.020.2%
Usd Total Gains Per Share0.090.7%0.070.5%0.110.9%0.060.5%0.060.5%
Usd Price Per Share1.97-1.95-2.28-2.16-2.30-
Price to Earnings Ratio8.87-9.07-14.52-13.82-21.08-
Price-to-Total Gains Ratio22.54-31.02-11.39-72.32-80.66-
Price to Book Ratio0.85-0.88-1.11-1.11-1.77-
Price-to-Total Gains Ratio22.54-31.02-11.39-72.32-80.66-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.768752
Number of shares565
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.03
Usd Book Value Change Per Share0.060.04
Usd Total Gains Per Share0.070.06
Gains per Quarter (565 shares)38.1636.49
Gains per Year (565 shares)152.62145.95
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1231301436086136
245260296121171282
368390449181257428
491520602241342574
5113650755302428720
6136780908362514866
715991010614225991012
8181104012144836851158
9204117013675437701304
10227130015206048561450

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%39.00.01.097.5%72.00.01.098.6%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%18.02.00.090.0%35.05.00.087.5%62.011.00.084.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.00.01.097.5%65.00.08.089.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%37.03.00.092.5%67.06.00.091.8%

Fundamentals of Ningbo Huaxiang Electronic Co Ltd

About Ningbo Huaxiang Electronic Co Ltd

Ningbo Huaxiang Electronic Co., Ltd. designs, develops, produces, and sells auto parts in the People's Republic of China and internationally. It offers real wood décor trims, real aluminum décor trims, BITs, floors, bumper frames, ABC pillars, reinforce crossbeams, metal thresholds, baffle shields, chassis, welding sunroofs, exhaust systems, rear mirror systems, fuel pump controllers, water pump controllers, LED modules, lamplet assembly, harness protection and air & fluids, battery tray, battery module plastic parts, e-box and busbar battery module plastic parts, battery packing cool systems, grille, fuel filler and power gates, spoilers, bumpers, windshields, and air inlet grills. The company was founded in 1988 and is based in Shanghai, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-23 22:17:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is 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 underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Ningbo Huaxiang Electronic Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ningbo Huaxiang Electronic Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Ningbo Huaxiang Electronic Co Ltd to the Auto Parts industry mean.
  • A Net Profit Margin of 5.3% means that ¥0.05 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ningbo Huaxiang Electronic Co Ltd:

  • The MRQ is 5.3%. The company is making a profit. +1
  • The TTM is 4.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.3%TTM4.6%+0.6%
TTM4.6%YOY5.9%-1.2%
TTM4.6%5Y5.6%-0.9%
5Y5.6%10Y5.2%+0.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ5.3%3.9%+1.4%
TTM4.6%3.6%+1.0%
YOY5.9%3.5%+2.4%
5Y5.6%2.9%+2.7%
10Y5.2%4.0%+1.2%
1.1.2. Return on Assets

Shows how efficient Ningbo Huaxiang Electronic Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ningbo Huaxiang Electronic Co Ltd to the Auto Parts industry mean.
  • 1.3% Return on Assets means that Ningbo Huaxiang Electronic Co Ltd generated ¥0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ningbo Huaxiang Electronic Co Ltd:

  • The MRQ is 1.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.3%TTM1.1%+0.2%
TTM1.1%YOY1.3%-0.3%
TTM1.1%5Y1.3%-0.3%
5Y1.3%10Y1.3%+0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3%1.2%+0.1%
TTM1.1%1.0%+0.1%
YOY1.3%1.0%+0.3%
5Y1.3%0.9%+0.4%
10Y1.3%1.2%+0.1%
1.1.3. Return on Equity

Shows how efficient Ningbo Huaxiang Electronic Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ningbo Huaxiang Electronic Co Ltd to the Auto Parts industry mean.
  • 2.7% Return on Equity means Ningbo Huaxiang Electronic Co Ltd generated ¥0.03 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ningbo Huaxiang Electronic Co Ltd:

  • The MRQ is 2.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.7%TTM2.2%+0.5%
TTM2.2%YOY2.7%-0.4%
TTM2.2%5Y2.5%-0.3%
5Y2.5%10Y2.7%-0.1%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7%2.4%+0.3%
TTM2.2%2.2%+0.0%
YOY2.7%2.1%+0.6%
5Y2.5%1.8%+0.7%
10Y2.7%2.3%+0.4%

1.2. Operating Efficiency of Ningbo Huaxiang Electronic Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ningbo Huaxiang Electronic Co Ltd is operating .

  • Measures how much profit Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd to the Auto Parts industry mean.
  • An Operating Margin of 8.1% means the company generated ¥0.08  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Ningbo Huaxiang Electronic Co Ltd:

  • The MRQ is 8.1%. The company is operating less efficient.
  • The TTM is 5.5%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ8.1%TTM5.5%+2.6%
TTM5.5%YOY6.5%-1.0%
TTM5.5%5Y7.0%-1.5%
5Y7.0%10Y3.9%+3.2%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ8.1%6.0%+2.1%
TTM5.5%3.5%+2.0%
YOY6.5%4.5%+2.0%
5Y7.0%4.9%+2.1%
10Y3.9%4.8%-0.9%
1.2.2. Operating Ratio

Measures how efficient Ningbo Huaxiang Electronic Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.75 means that the operating costs are ¥1.75 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Ningbo Huaxiang Electronic Co Ltd:

  • The MRQ is 1.747. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.766. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.747TTM1.766-0.018
TTM1.766YOY1.736+0.029
TTM1.7665Y1.737+0.029
5Y1.73710Y1.306+0.430
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7471.618+0.129
TTM1.7661.616+0.150
YOY1.7361.623+0.113
5Y1.7371.568+0.169
10Y1.3061.278+0.028

1.3. Liquidity of Ningbo Huaxiang Electronic Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ningbo Huaxiang Electronic Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 1.47 means the company has ¥1.47 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Ningbo Huaxiang Electronic Co Ltd:

  • The MRQ is 1.466. The company is just able to pay all its short-term debts.
  • The TTM is 1.496. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.466TTM1.496-0.030
TTM1.496YOY1.529-0.033
TTM1.4965Y1.577-0.082
5Y1.57710Y0.862+0.715
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4661.650-0.184
TTM1.4961.648-0.152
YOY1.5291.604-0.075
5Y1.5771.579-0.002
10Y0.8621.351-0.489
1.3.2. Quick Ratio

Measures if Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd to the Auto Parts industry mean.
  • A Quick Ratio of 0.75 means the company can pay off ¥0.75 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ningbo Huaxiang Electronic Co Ltd:

  • The MRQ is 0.749. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.668. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.749TTM0.668+0.082
TTM0.668YOY0.673-0.005
TTM0.6685Y0.678-0.010
5Y0.67810Y0.633+0.045
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7490.695+0.054
TTM0.6680.713-0.045
YOY0.6730.742-0.069
5Y0.6780.752-0.074
10Y0.6330.782-0.149

1.4. Solvency of Ningbo Huaxiang Electronic Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ningbo Huaxiang Electronic Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ningbo Huaxiang Electronic Co Ltd to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.47 means that Ningbo Huaxiang Electronic Co Ltd assets are financed with 47.2% credit (debt) and the remaining percentage (100% - 47.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ningbo Huaxiang Electronic Co Ltd:

  • The MRQ is 0.472. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.462. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.472TTM0.462+0.010
TTM0.462YOY0.439+0.023
TTM0.4625Y0.413+0.049
5Y0.41310Y0.436-0.024
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4720.497-0.025
TTM0.4620.497-0.035
YOY0.4390.497-0.058
5Y0.4130.495-0.082
10Y0.4360.487-0.051
1.4.2. Debt to Equity Ratio

Measures if Ningbo Huaxiang Electronic Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ningbo Huaxiang Electronic Co Ltd to the Auto Parts industry mean.
  • A Debt to Equity ratio of 101.7% means that company has ¥1.02 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ningbo Huaxiang Electronic Co Ltd:

  • The MRQ is 1.017. The company is able to pay all its debts with equity. +1
  • The TTM is 0.979. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ1.017TTM0.979+0.038
TTM0.979YOY0.886+0.093
TTM0.9795Y0.807+0.172
5Y0.80710Y0.909-0.102
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0171.014+0.003
TTM0.9791.021-0.042
YOY0.8861.031-0.145
5Y0.8071.045-0.238
10Y0.9091.047-0.138

2. Market Valuation of Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd generates.

  • Above 15 is considered overpriced but always compare Ningbo Huaxiang Electronic Co Ltd to the Auto Parts industry mean.
  • A PE ratio of 8.87 means the investor is paying ¥8.87 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ningbo Huaxiang Electronic Co Ltd:

  • The EOD is 7.952. Based on the earnings, the company is underpriced. +1
  • The MRQ is 8.873. Based on the earnings, the company is underpriced. +1
  • The TTM is 9.069. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD7.952MRQ8.873-0.921
MRQ8.873TTM9.069-0.196
TTM9.069YOY14.524-5.455
TTM9.0695Y13.825-4.755
5Y13.82510Y21.079-7.255
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD7.95212.654-4.702
MRQ8.87311.732-2.859
TTM9.06912.570-3.501
YOY14.52415.239-0.715
5Y13.82516.913-3.088
10Y21.07921.344-0.265
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ningbo Huaxiang Electronic Co Ltd:

  • The EOD is 11.762. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 13.124. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 4.221. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD11.762MRQ13.124-1.362
MRQ13.124TTM4.221+8.904
TTM4.221YOY15.968-11.748
TTM4.2215Y28.266-24.045
5Y28.26610Y6.992+21.274
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD11.7625.527+6.235
MRQ13.1245.007+8.117
TTM4.2213.626+0.595
YOY15.9681.231+14.737
5Y28.2662.384+25.882
10Y6.9922.661+4.331
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ningbo Huaxiang Electronic Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 0.85 means the investor is paying ¥0.85 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Ningbo Huaxiang Electronic Co Ltd:

  • The EOD is 0.765. Based on the equity, the company is cheap. +2
  • The MRQ is 0.854. Based on the equity, the company is cheap. +2
  • The TTM is 0.878. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.765MRQ0.854-0.089
MRQ0.854TTM0.878-0.024
TTM0.878YOY1.112-0.234
TTM0.8785Y1.106-0.227
5Y1.10610Y1.767-0.661
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD0.7651.518-0.753
MRQ0.8541.481-0.627
TTM0.8781.516-0.638
YOY1.1121.620-0.508
5Y1.1061.700-0.594
10Y1.7672.210-0.443
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ningbo Huaxiang Electronic Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.6210.415+50%0.124+400%0.274+127%0.295+111%
Book Value Per Share--16.69616.053+4%14.837+13%14.166+18%10.852+54%
Current Ratio--1.4661.496-2%1.529-4%1.577-7%0.862+70%
Debt To Asset Ratio--0.4720.462+2%0.439+8%0.413+14%0.436+8%
Debt To Equity Ratio--1.0170.979+4%0.886+15%0.807+26%0.909+12%
Dividend Per Share--0.0110.072-84%0.687-98%0.193-94%0.140-92%
Eps--0.4020.389+3%0.341+18%0.330+22%0.252+59%
Free Cash Flow Per Share--0.2720.263+3%0.282-4%0.330-18%0.195+39%
Free Cash Flow To Equity Per Share---0.016-0.075+361%0.181-109%0.131-112%0.217-107%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.975+3%
Intrinsic Value_10Y_max--22.128--------
Intrinsic Value_10Y_min---0.715--------
Intrinsic Value_1Y_max--1.437--------
Intrinsic Value_1Y_min--0.639--------
Intrinsic Value_3Y_max--4.911--------
Intrinsic Value_3Y_min--1.317--------
Intrinsic Value_5Y_max--9.104--------
Intrinsic Value_5Y_min--1.326--------
Market Cap10404133793.280-12%11609001944.08011472640946.490+1%13432568713.300-14%12715758298.934-9%13540639122.715-14%
Net Profit Margin--0.0530.046+14%0.059-10%0.056-6%0.052+1%
Operating Margin--0.0810.055+47%0.065+25%0.070+16%0.039+110%
Operating Ratio--1.7471.766-1%1.736+1%1.737+1%1.306+34%
Pb Ratio0.765-12%0.8540.878-3%1.112-23%1.106-23%1.767-52%
Pe Ratio7.952-12%8.8739.069-2%14.524-39%13.825-36%21.079-58%
Price Per Share12.780-12%14.26014.093+1%16.500-14%15.620-9%16.633-14%
Price To Free Cash Flow Ratio11.762-12%13.1244.221+211%15.968-18%28.266-54%6.992+88%
Price To Total Gains Ratio20.198-12%22.53731.024-27%11.392+98%72.319-69%80.659-72%
Quick Ratio--0.7490.668+12%0.673+11%0.678+11%0.633+18%
Return On Assets--0.0130.011+21%0.013-3%0.013-3%0.013-1%
Return On Equity--0.0270.022+22%0.027+3%0.025+7%0.027+3%
Total Gains Per Share--0.6330.488+30%0.812-22%0.467+36%0.435+45%
Usd Book Value--1881186202.2721808736938.793+4%1671737051.715+13%1596125342.923+18%1222665003.264+54%
Usd Book Value Change Per Share--0.0860.058+50%0.017+400%0.038+127%0.041+111%
Usd Book Value Per Share--2.3112.222+4%2.053+13%1.961+18%1.502+54%
Usd Dividend Per Share--0.0020.010-84%0.095-98%0.027-94%0.019-92%
Usd Eps--0.0560.054+3%0.047+18%0.046+22%0.035+59%
Usd Free Cash Flow--30604855.11529641871.839+3%31747167.208-4%37129662.686-18%21418195.927+43%
Usd Free Cash Flow Per Share--0.0380.036+3%0.039-4%0.046-18%0.027+39%
Usd Free Cash Flow To Equity Per Share---0.002-0.010+361%0.025-109%0.018-112%0.030-107%
Usd Market Cap1439932116.990-12%1606685869.0611587813506.994+1%1859067509.921-14%1759860948.572-9%1874024454.584-14%
Usd Price Per Share1.769-12%1.9741.950+1%2.284-14%2.162-9%2.302-14%
Usd Profit--45267162.40235663048.559+27%39362423.121+15%35773486.407+27%27711925.000+63%
Usd Revenue--857680382.503762956560.320+12%646060937.078+33%635388746.443+35%520421629.804+65%
Usd Total Gains Per Share--0.0880.068+30%0.112-22%0.065+36%0.060+45%
 EOD+4 -4MRQTTM+27 -8YOY+17 -185Y+18 -1710Y+23 -13

3.2. Fundamental Score

Let's check the fundamental score of Ningbo Huaxiang Electronic Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.952
Price to Book Ratio (EOD)Between0-10.765
Net Profit Margin (MRQ)Greater than00.053
Operating Margin (MRQ)Greater than00.081
Quick Ratio (MRQ)Greater than10.749
Current Ratio (MRQ)Greater than11.466
Debt to Asset Ratio (MRQ)Less than10.472
Debt to Equity Ratio (MRQ)Less than11.017
Return on Equity (MRQ)Greater than0.150.027
Return on Assets (MRQ)Greater than0.050.013
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Ningbo Huaxiang Electronic Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.373
Ma 20Greater thanMa 5012.746
Ma 50Greater thanMa 10012.279
Ma 100Greater thanMa 20012.785
OpenGreater thanClose12.590
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets25,746,725
Total Liabilities12,154,339
Total Stockholder Equity11,953,978
 As reported
Total Liabilities 12,154,339
Total Stockholder Equity+ 11,953,978
Total Assets = 25,746,725

Assets

Total Assets25,746,725
Total Current Assets15,082,068
Long-term Assets10,664,657
Total Current Assets
Cash And Cash Equivalents 2,682,987
Short-term Investments 255,017
Net Receivables 7,453,814
Inventory 3,175,859
Other Current Assets 1,440,177
Total Current Assets  (as reported)15,082,068
Total Current Assets  (calculated)15,007,853
+/- 74,215
Long-term Assets
Property Plant Equipment 5,514,402
Goodwill 835,677
Intangible Assets 516,613
Other Assets 1,172,727
Long-term Assets  (as reported)10,664,657
Long-term Assets  (calculated)8,039,420
+/- 2,625,237

Liabilities & Shareholders' Equity

Total Current Liabilities10,285,523
Long-term Liabilities1,868,817
Total Stockholder Equity11,953,978
Total Current Liabilities
Short Long Term Debt 938,984
Accounts payable 7,975,373
Other Current Liabilities 786,258
Total Current Liabilities  (as reported)10,285,523
Total Current Liabilities  (calculated)9,700,615
+/- 584,908
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt330,641
Long-term Liabilities Other 821,089
Deferred Long Term Liability 743,736
Long-term Liabilities  (as reported)1,868,817
Long-term Liabilities  (calculated)1,895,465
+/- 26,649
Total Stockholder Equity
Common Stock814,096
Retained Earnings 6,518,091
Other Stockholders Equity 731,463
Total Stockholder Equity (as reported)11,953,978
Total Stockholder Equity (calculated)8,063,650
+/- 3,890,328
Other
Capital Stock814,096
Common Stock Shares Outstanding 814,096
Net Invested Capital 13,006,541
Net Tangible Assets 10,601,687
Net Working Capital 4,796,546
Property Plant and Equipment Gross 5,514,402



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302004-12-312003-12-312002-12-31
> Total Assets 
226,510
346,794
468,044
757,631
769,997
950,172
983,545
1,339,038
1,759,107
2,138,836
2,131,003
2,224,220
2,357,369
2,735,114
2,884,918
3,236,504
3,267,727
3,050,485
3,099,360
3,417,943
3,527,734
2,780,618
3,771,578
3,717,995
3,905,575
4,044,927
4,102,253
4,120,762
4,179,217
4,372,336
4,719,458
4,809,008
4,912,233
5,232,433
6,575,432
6,620,270
7,183,507
7,071,123
7,755,869
7,990,429
8,263,950
8,593,513
9,543,455
10,279,061
9,909,644
10,528,625
10,234,780
10,299,372
10,816,763
13,519,813
13,766,921
13,750,157
13,735,408
16,204,525
14,762,042
15,511,003
15,368,649
16,262,191
16,437,662
16,743,904
16,622,636
17,130,615
16,571,600
17,438,129
17,965,390
19,104,715
19,426,479
19,287,471
19,310,185
21,795,566
20,549,757
21,159,597
22,635,415
22,940,045
23,481,230
25,075,243
25,746,725
25,746,72525,075,24323,481,23022,940,04522,635,41521,159,59720,549,75721,795,56619,310,18519,287,47119,426,47919,104,71517,965,39017,438,12916,571,60017,130,61516,622,63616,743,90416,437,66216,262,19115,368,64915,511,00314,762,04216,204,52513,735,40813,750,15713,766,92113,519,81310,816,76310,299,37210,234,78010,528,6259,909,64410,279,0619,543,4558,593,5138,263,9507,990,4297,755,8697,071,1237,183,5076,620,2706,575,4325,232,4334,912,2334,809,0084,719,4584,372,3364,179,2174,120,7624,102,2534,044,9273,905,5753,717,9953,771,5782,780,6183,527,7343,417,9433,099,3603,050,4853,267,7273,236,5042,884,9182,735,1142,357,3692,224,2202,131,0032,138,8361,759,1071,339,038983,545950,172769,997757,631468,044346,794226,510
   > 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
8,174,890
8,082,641
8,488,396
8,299,373
8,754,082
8,602,703
9,047,207
8,576,681
9,131,821
9,535,204
10,343,197
10,283,094
10,516,011
10,570,609
12,007,843
11,165,618
11,726,510
13,482,524
13,342,709
13,683,237
14,635,412
15,082,068
15,082,06814,635,41213,683,23713,342,70913,482,52411,726,51011,165,61812,007,84310,570,60910,516,01110,283,09410,343,1979,535,2049,131,8218,576,6819,047,2078,602,7038,754,0828,299,3738,488,3968,082,6418,174,8900000000000000000000000000000000000000000000000000000000
       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
2,105,238
1,545,669
1,828,453
1,571,508
1,960,440
1,512,783
1,831,636
2,601,050
2,558,364
2,812,835
3,276,314
3,245,997
3,343,098
3,120,929
3,853,337
2,784,267
2,658,839
2,548,649
3,192,682
2,360,664
2,585,995
2,682,987
2,682,9872,585,9952,360,6643,192,6822,548,6492,658,8392,784,2673,853,3373,120,9293,343,0983,245,9973,276,3142,812,8352,558,3642,601,0501,831,6361,512,7831,960,4401,571,5081,828,4531,545,6692,105,2380000000000000000000000000000000000000000000000000000000
       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
0
219
251,458
253,228
255,017
255,017253,228251,4582190000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
47,003
46,686
60,297
116,523
95,603
110,572
123,760
164,873
308,766
305,185
327,376
317,362
362,916
477,662
471,024
485,687
480,879
396,723
392,158
573,776
619,925
533,078
545,895
620,230
797,116
547,583
618,268
703,952
756,077
660,470
879,543
784,481
799,598
980,759
1,410,090
1,303,881
1,541,830
1,373,343
1,919,097
1,909,948
1,689,976
1,702,938
2,156,721
2,284,263
2,095,896
2,280,302
2,511,596
2,817,891
2,811,850
3,269,408
3,477,581
3,078,034
3,005,864
3,226,652
3,136,364
3,268,342
3,348,199
3,658,564
3,102,347
2,979,726
3,206,524
4,655,757
3,311,109
4,139,937
4,245,827
4,528,371
4,384,176
4,397,115
4,648,781
5,309,576
3,883,746
5,421,322
6,890,173
5,102,842
5,108,871
7,152,000
7,453,814
7,453,8147,152,0005,108,8715,102,8426,890,1735,421,3223,883,7465,309,5764,648,7814,397,1154,384,1764,528,3714,245,8274,139,9373,311,1094,655,7573,206,5242,979,7263,102,3473,658,5643,348,1993,268,3423,136,3643,226,6523,005,8643,078,0343,477,5813,269,4082,811,8502,817,8912,511,5962,280,3022,095,8962,284,2632,156,7211,702,9381,689,9761,909,9481,919,0971,373,3431,541,8301,303,8811,410,090980,759799,598784,481879,543660,470756,077703,952618,268547,583797,116620,230545,895533,078619,925573,776392,158396,723480,879485,687471,024477,662362,916317,362327,376305,185308,766164,873123,760110,57295,603116,52360,29746,68647,003
       Other Current Assets 
2,476
4,647
24,393
23,536
40,869
78,204
71,593
73,040
95,877
204,959
239,673
205,091
157,972
130,574
149,040
155,760
127,875
45,769
49,876
74,054
88,460
29,757
44,761
84,731
104,116
81,256
99,039
135,716
134,176
114,706
147,094
204,261
176,073
103,913
117,273
116,284
96,799
145,564
136,559
232,658
319,595
342,672
309,137
367,644
353,011
328,714
249,941
257,303
273,553
322,155
304,837
339,112
332,187
482,399
395,566
550,617
693,526
658,207
194,020
275,718
216,146
444,994
502,244
351,908
403,337
410,736
492,630
521,821
467,935
620,306
561,290
515,079
1,166,442
456,549
1,640,148
921,515
1,440,177
1,440,177921,5151,640,148456,5491,166,442515,079561,290620,306467,935521,821492,630410,736403,337351,908502,244444,994216,146275,718194,020658,207693,526550,617395,566482,399332,187339,112304,837322,155273,553257,303249,941328,714353,011367,644309,137342,672319,595232,658136,559145,56496,799116,284117,273103,913176,073204,261147,094114,706134,176135,71699,03981,256104,11684,73144,76129,75788,46074,05449,87645,769127,875155,760149,040130,574157,972205,091239,673204,95995,87773,04071,59378,20440,86923,53624,3934,6472,476
   > 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
8,138,289
7,989,821
8,019,933
8,083,408
7,994,919
8,306,309
8,430,187
8,761,518
9,143,385
8,771,460
8,739,576
9,787,723
9,384,139
9,433,087
9,152,891
9,597,336
9,797,993
10,439,831
10,664,657
10,664,65710,439,8319,797,9939,597,3369,152,8919,433,0879,384,1399,787,7238,739,5768,771,4609,143,3858,761,5188,430,1878,306,3097,994,9198,083,4088,019,9337,989,8218,138,2890000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
90,536
152,262
202,309
257,978
289,309
362,030
355,463
470,561
644,886
717,339
676,025
714,896
750,184
754,799
695,327
869,563
778,717
974,356
809,413
973,571
800,148
765,061
653,833
751,465
689,383
817,267
735,452
884,272
827,737
1,047,153
1,011,018
1,211,320
1,085,710
1,386,354
1,265,496
1,590,937
1,542,754
1,712,433
1,608,267
1,691,499
1,768,364
1,866,026
1,913,528
1,935,678
2,238,625
2,245,595
2,230,885
2,319,177
2,373,836
2,895,316
3,016,417
3,158,635
3,291,814
3,437,473
3,449,364
3,754,511
3,879,498
4,073,901
4,028,341
3,941,035
3,911,521
3,898,515
3,729,056
3,662,400
3,623,006
3,769,999
4,055,239
3,944,942
4,088,778
4,336,350
0
4,422,640
4,508,493
4,791,885
4,870,803
5,421,994
5,514,402
5,514,4025,421,9944,870,8034,791,8854,508,4934,422,64004,336,3504,088,7783,944,9424,055,2393,769,9993,623,0063,662,4003,729,0563,898,5153,911,5213,941,0354,028,3414,073,9013,879,4983,754,5113,449,3643,437,4733,291,8143,158,6353,016,4172,895,3162,373,8362,319,1772,230,8852,245,5952,238,6251,935,6781,913,5281,866,0261,768,3641,691,4991,608,2671,712,4331,542,7541,590,9371,265,4961,386,3541,085,7101,211,3201,011,0181,047,153827,737884,272735,452817,267689,383751,465653,833765,061800,148973,571809,413974,356778,717869,563695,327754,799750,184714,896676,025717,339644,886470,561355,463362,030289,309257,978202,309152,26290,536
       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
3,061
3,061
3,061
10,334
9,512
10,001
72,646
50,411
50,665
50,473
50,833
1,035,064
1,035,064
1,035,541
1,035,620
1,034,983
1,034,913
1,034,820
1,035,208
1,026,584
1,026,584
1,026,584
1,026,584
1,026,584
1,026,584
1,026,584
1,026,584
932,204
932,204
932,204
932,204
933,752
933,752
933,752
933,752
835,677
835,677
835,677
835,677
835,677835,677835,677835,677933,752933,752933,752933,752932,204932,204932,204932,2041,026,5841,026,5841,026,5841,026,5841,026,5841,026,5841,026,5841,026,5841,035,2081,034,8201,034,9131,034,9831,035,6201,035,5411,035,0641,035,06450,83350,47350,66550,41172,64610,0019,51210,3343,0613,0613,06100000000000000000000000000000000000000
       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
1,809,089
1,565,583
1,766,245
2,161,473
2,073,785
2,083,867
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000002,083,8672,073,7852,161,4731,766,2451,565,5831,809,0890000000000000000000000000000000000000000000000000000000
       Intangible Assets 
13,282
11,954
11,077
5,638
10,400
8,168
12,625
8,727
32,068
10,018
42,236
11,056
45,433
65,016
169,258
28,357
184,971
23,881
190,347
23,446
189,065
22,596
128,254
21,654
125,709
20,683
130,583
18,976
169,605
17,824
233,975
19,380
184,316
37,667
209,846
78,951
284,742
58,662
193,837
192,949
182,884
209,967
207,890
208,952
274,315
271,916
277,426
273,843
297,225
1,454,997
1,446,725
1,449,176
1,443,900
1,415,896
1,407,400
364,657
396,499
419,534
434,221
440,800
434,469
438,345
429,933
423,196
418,101
428,469
419,239
417,068
408,639
470,649
459,735
453,870
453,850
431,241
475,315
496,070
516,613
516,613496,070475,315431,241453,850453,870459,735470,649408,639417,068419,239428,469418,101423,196429,933438,345434,469440,800434,221419,534396,499364,6571,407,4001,415,8961,443,9001,449,1761,446,7251,454,997297,225273,843277,426271,916274,315208,952207,890209,967182,884192,949193,83758,662284,74278,951209,84637,667184,31619,380233,97517,824169,60518,976130,58320,683125,70921,654128,25422,596189,06523,446190,34723,881184,97128,357169,25865,01645,43311,05642,23610,01832,0688,72712,6258,16810,4005,63811,07711,95413,282
       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
8,138,289
7,989,821
8,019,933
8,083,408
7,994,919
0
3,623,006
30,051
50,051
49,980
50,079
241,931
242,529
233,310
213,087
184,708
75,051
10,000
17,114
17,11410,00075,051184,708213,087233,310242,529241,93150,07949,98050,05130,0513,623,00607,994,9198,083,4088,019,9337,989,8218,138,2890000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
99,834
168,085
237,402
340,846
349,373
523,304
532,687
832,752
1,144,284
1,063,842
1,016,097
1,097,731
1,173,334
1,522,567
1,599,907
1,891,018
1,869,694
1,645,989
1,693,826
1,946,580
1,934,024
1,081,262
1,118,951
1,044,172
1,086,928
1,078,846
1,000,970
1,019,840
1,101,517
1,310,983
1,554,909
1,712,902
1,906,553
2,151,857
2,236,273
2,887,256
3,199,437
3,177,817
3,514,581
3,572,325
3,445,518
3,739,801
4,216,592
4,557,700
4,610,076
4,848,388
4,769,807
4,755,218
4,907,285
7,407,989
7,489,352
7,320,040
7,041,662
7,306,010
5,793,001
6,482,806
6,231,696
6,915,681
6,651,413
6,888,571
6,503,115
6,629,154
5,848,940
6,324,170
6,443,054
7,401,172
7,502,258
7,655,390
7,475,842
9,592,780
8,685,826
9,149,639
10,395,991
10,265,976
10,558,480
11,988,813
12,154,339
12,154,33911,988,81310,558,48010,265,97610,395,9919,149,6398,685,8269,592,7807,475,8427,655,3907,502,2587,401,1726,443,0546,324,1705,848,9406,629,1546,503,1156,888,5716,651,4136,915,6816,231,6966,482,8065,793,0017,306,0107,041,6627,320,0407,489,3527,407,9894,907,2854,755,2184,769,8074,848,3884,610,0764,557,7004,216,5923,739,8013,445,5183,572,3253,514,5813,177,8173,199,4372,887,2562,236,2732,151,8571,906,5531,712,9021,554,9091,310,9831,101,5171,019,8401,000,9701,078,8461,086,9281,044,1721,118,9511,081,2621,934,0241,946,5801,693,8261,645,9891,869,6941,891,0181,599,9071,522,5671,173,3341,097,7311,016,0971,063,8421,144,284832,752532,687523,304349,373340,846237,402168,08599,834
   > Total Current Liabilities 
99,834
102,086
162,402
253,431
262,227
493,304
482,687
651,950
964,535
870,066
880,251
967,313
1,059,049
1,467,396
1,548,007
1,863,117
1,839,025
1,479,739
1,335,128
1,569,675
1,550,299
928,373
968,740
992,014
1,035,053
1,070,592
993,578
1,012,324
1,094,349
1,300,927
1,543,634
1,702,133
1,896,229
2,089,598
2,182,494
2,635,983
2,897,059
2,903,557
2,919,542
2,999,300
2,821,555
2,987,900
3,364,216
3,719,226
3,875,020
4,043,704
4,000,103
4,058,585
4,074,368
6,167,279
6,183,960
6,077,228
5,793,061
6,410,300
4,954,769
5,702,672
5,355,155
6,151,430
5,789,400
6,063,041
5,631,961
5,767,770
4,978,603
5,240,791
5,430,640
6,221,697
5,834,570
6,202,854
6,027,127
7,978,195
7,144,442
7,626,106
8,924,696
8,763,548
8,849,539
10,104,339
10,285,523
10,285,52310,104,3398,849,5398,763,5488,924,6967,626,1067,144,4427,978,1956,027,1276,202,8545,834,5706,221,6975,430,6405,240,7914,978,6035,767,7705,631,9616,063,0415,789,4006,151,4305,355,1555,702,6724,954,7696,410,3005,793,0616,077,2286,183,9606,167,2794,074,3684,058,5854,000,1034,043,7043,875,0203,719,2263,364,2162,987,9002,821,5552,999,3002,919,5422,903,5572,897,0592,635,9832,182,4942,089,5981,896,2291,702,1331,543,6341,300,9271,094,3491,012,324993,5781,070,5921,035,053992,014968,740928,3731,550,2991,569,6751,335,1281,479,7391,839,0251,863,1171,548,0071,467,3961,059,049967,313880,251870,066964,535651,950482,687493,304262,227253,431162,402102,08699,834
       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
7,830
27,517
55,495
1,338,264
1,573,486
976,985
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000976,9851,573,4861,338,26455,49527,5177,8300000000000000000000000000000000000000000000000000000000
       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
7,830
27,517
55,495
1,338,264
1,573,486
976,985
711,277
857,432
579,407
529,609
539,010
461,484
763,171
726,728
1,470,685
880,965
759,831
777,222
689,425
982,457
1,168,321
938,984
938,9841,168,321982,457689,425777,222759,831880,9651,470,685726,728763,171461,484539,010529,609579,407857,432711,277976,9851,573,4861,338,26455,49527,5177,8300000000000000000000000000000000000000000000000000000000
       Accounts payable 
46,776
45,118
51,980
104,003
87,410
155,304
194,154
220,081
350,169
306,483
381,954
493,262
578,769
623,007
639,648
832,467
594,514
490,808
587,190
849,537
799,067
552,782
662,673
698,117
720,886
754,344
696,973
683,413
745,957
883,345
1,000,078
1,087,646
1,029,647
1,107,250
1,266,561
1,322,624
1,594,003
1,598,201
1,804,235
1,831,852
1,670,196
1,790,749
2,151,688
2,075,704
2,205,794
2,219,345
2,167,052
2,621,969
2,738,088
3,221,814
3,164,920
3,109,456
3,023,706
3,334,561
3,082,507
3,698,834
3,652,383
3,699,397
3,735,347
3,630,878
3,840,220
4,277,553
3,499,800
3,730,147
3,916,239
4,678,289
4,562,741
4,680,414
4,488,827
5,439,421
5,228,325
5,761,518
6,799,928
6,920,108
6,827,683
7,570,560
7,975,373
7,975,3737,570,5606,827,6836,920,1086,799,9285,761,5185,228,3255,439,4214,488,8274,680,4144,562,7414,678,2893,916,2393,730,1473,499,8004,277,5533,840,2203,630,8783,735,3473,699,3973,652,3833,698,8343,082,5073,334,5613,023,7063,109,4563,164,9203,221,8142,738,0882,621,9692,167,0522,219,3452,205,7942,075,7042,151,6881,790,7491,670,1961,831,8521,804,2351,598,2011,594,0031,322,6241,266,5611,107,2501,029,6471,087,6461,000,078883,345745,957683,413696,973754,344720,886698,117662,673552,782799,067849,537587,190490,808594,514832,467639,648623,007578,769493,262381,954306,483350,169220,081194,154155,30487,410104,00351,98045,11846,776
       Other Current Liabilities 
18,358
18,859
41,485
29,861
13,118
13,440
14,513
122,704
257,601
392,993
371,716
270,824
194,060
253,926
243,933
313,286
332,762
249,714
180,649
165,964
253,171
168,928
162,003
243,115
267,424
254,069
231,688
232,011
239,747
291,284
364,543
309,283
325,572
373,209
337,604
654,873
756,347
780,969
520,402
505,067
477,529
552,601
529,360
596,842
579,900
695,574
737,460
773,631
702,284
1,310,566
944,151
812,362
727,395
568,876
454,895
280,666
194,648
434,562
66,622
55,588
57,004
217,229
267,084
338,435
352,724
423,628
467,099
322,364
399,461
533,505
653,246
508,497
814,766
5,215
584,331
603,189
786,258
786,258603,189584,3315,215814,766508,497653,246533,505399,461322,364467,099423,628352,724338,435267,084217,22957,00455,58866,622434,562194,648280,666454,895568,876727,395812,362944,1511,310,566702,284773,631737,460695,574579,900596,842529,360552,601477,529505,067520,402780,969756,347654,873337,604373,209325,572309,283364,543291,284239,747232,011231,688254,069267,424243,115162,003168,928253,171165,964180,649249,714332,762313,286243,933253,926194,060270,824371,716392,993257,601122,70414,51313,44013,11829,86141,48518,85918,358
   > 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
862,013
825,530
871,154
861,384
870,337
1,083,379
1,012,414
1,179,475
1,667,688
1,452,535
1,448,715
1,614,585
1,541,384
1,523,532
1,471,295
1,502,428
1,708,941
1,884,473
1,868,817
1,868,8171,884,4731,708,9411,502,4281,471,2951,523,5321,541,3841,614,5851,448,7151,452,5351,667,6881,179,4751,012,4141,083,379870,337861,384871,154825,530862,0130000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
41,365
34,221
41,036
26,717
28,699
13,822
11,891
8,101
7,709
5,742
5,104
4,719
4,225
6,041
6,961
6,557
6,230
5,947
8,254
7,392
7,516
7,168
10,056
11,275
10,769
10,324
47,688
45,660
46,170
50,777
72,341
254,659
254,087
242,526
326,250
304,367
284,628
287,154
273,945
358,953
306,894
410,371
367,851
378,234
393,136
385,829
364,734
371,600
665,973
638,414
603,393
698,901
700,432
707,967
776,398
853,457
1,020,559
961,114
1,124,367
1,172,113
1,061,728
1,008,347
1,185,057
0
1,118,885
1,072,481
0
0
1,422,038
1,424,595
1,424,5951,422,038001,072,4811,118,88501,185,0571,008,3471,061,7281,172,1131,124,367961,1141,020,559853,457776,398707,967700,432698,901603,393638,414665,973371,600364,734385,829393,136378,234367,851410,371306,894358,953273,945287,154284,628304,367326,250242,526254,087254,65972,34150,77746,17045,66047,68810,32410,76911,27510,0567,1687,5167,3928,2545,9476,2306,5576,9616,0414,2254,7195,1045,7427,7098,10111,89113,82228,69926,71741,03634,22141,3650000000
       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
219,513
235,559
308,955
307,484
330,436
324,413
380,435
311,525
371,249
404,282
371,697
368,944
442,387
391,340
422,903
0
444,058
460,574
0
0
701,958
743,736
743,736701,95800460,574444,0580422,903391,340442,387368,944371,697404,282371,249311,525380,435324,413330,436307,484308,955235,559219,5130000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
90,506
130,959
158,507
318,081
322,573
331,268
348,222
376,138
416,312
869,753
898,360
905,635
965,732
978,273
1,022,506
1,054,049
1,091,953
1,101,799
1,107,745
1,165,649
1,251,701
1,424,105
2,357,330
2,374,478
2,485,072
2,643,049
2,754,062
2,743,109
2,693,428
2,689,733
2,759,125
2,705,792
2,607,961
2,665,893
3,900,576
3,273,780
3,499,908
3,400,646
3,708,472
3,844,665
4,164,656
4,294,956
4,711,871
4,855,056
4,349,863
4,642,447
4,376,201
4,480,465
5,058,691
5,176,275
5,351,091
5,538,040
5,738,124
7,817,963
7,806,855
7,935,006
7,988,217
8,112,088
8,504,275
8,614,846
8,867,050
9,148,952
9,371,914
9,701,238
10,026,750
10,329,500
10,583,661
10,441,004
10,650,060
10,856,373
10,455,298
10,542,605
10,790,074
11,088,013
11,290,415
11,544,569
11,953,978
11,953,97811,544,56911,290,41511,088,01310,790,07410,542,60510,455,29810,856,37310,650,06010,441,00410,583,66110,329,50010,026,7509,701,2389,371,9149,148,9528,867,0508,614,8468,504,2758,112,0887,988,2177,935,0067,806,8557,817,9635,738,1245,538,0405,351,0915,176,2755,058,6914,480,4654,376,2014,642,4474,349,8634,855,0564,711,8714,294,9564,164,6563,844,6653,708,4723,400,6463,499,9083,273,7803,900,5762,665,8932,607,9612,705,7922,759,1252,689,7332,693,4282,743,1092,754,0622,643,0492,485,0722,374,4782,357,3301,424,1051,251,7011,165,6491,107,7451,101,7991,091,9531,054,0491,022,506978,273965,732905,635898,360869,753416,312376,138348,222331,268322,573318,081158,507130,95990,506
   Common Stock
65,000
65,000
65,000
95,000
95,000
95,000
95,000
123,500
222,300
274,300
274,300
274,300
274,300
274,300
274,300
493,740
493,740
493,740
493,740
493,740
493,740
493,740
567,140
567,140
567,140
567,140
567,140
567,140
567,140
553,200
553,200
553,200
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
530,047
626,227
626,227
626,227
626,227
626,227
626,227
626,227
626,227
626,227
626,227
626,227
626,227
626,227
626,227
626,227
626,227
814,096
0
814,096
814,096
0
0
814,096
814,096
814,096814,09600814,096814,0960814,096626,227626,227626,227626,227626,227626,227626,227626,227626,227626,227626,227626,227626,227626,227626,227626,227530,047530,047530,047530,047530,047530,047530,047530,047530,047530,047530,047530,047530,047530,047530,047530,047530,047530,047530,047530,047530,047553,200553,200553,200567,140567,140567,140567,140567,140567,140567,140493,740493,740493,740493,740493,740493,740493,740274,300274,300274,300274,300274,300274,300222,300123,50095,00095,00095,00095,00065,00065,00065,000
   Retained Earnings 
21,265
44,329
65,924
68,908
73,401
78,110
95,427
108,858
148,903
156,556
184,618
191,923
252,021
271,611
315,844
347,387
385,291
382,839
388,785
446,689
532,741
673,636
756,087
773,235
883,828
973,884
1,084,897
1,073,944
1,122,607
1,149,441
1,211,558
1,235,797
1,293,791
1,344,734
1,421,156
1,485,751
1,559,238
1,656,978
1,909,740
2,065,322
2,204,153
2,274,047
2,349,372
2,393,737
2,418,471
2,381,536
2,488,603
2,639,498
2,786,959
3,042,417
3,231,397
3,355,162
3,586,652
3,761,165
3,863,887
3,964,639
4,171,186
4,399,027
4,204,683
4,407,775
4,661,144
5,286,204
5,366,627
5,509,290
5,794,098
6,035,446
6,273,950
6,346,574
6,641,704
4,975,764
4,764,729
5,240,783
5,691,526
5,476,327
5,675,986
6,191,016
6,518,091
6,518,0916,191,0165,675,9865,476,3275,691,5265,240,7834,764,7294,975,7646,641,7046,346,5746,273,9506,035,4465,794,0985,509,2905,366,6275,286,2044,661,1444,407,7754,204,6834,399,0274,171,1863,964,6393,863,8873,761,1653,586,6523,355,1623,231,3973,042,4172,786,9592,639,4982,488,6032,381,5362,418,4712,393,7372,349,3722,274,0472,204,1532,065,3221,909,7401,656,9781,559,2381,485,7511,421,1561,344,7341,293,7911,235,7971,211,5581,149,4411,122,6071,073,9441,084,897973,884883,828773,235756,087673,636532,741446,689388,785382,839385,291347,387315,844271,611252,021191,923184,618156,556148,903108,85895,42778,11073,40168,90865,92444,32921,265
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000000000000
   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
647,451
497,322
403,184
676,083
593,260
622,945
591,963
734,502
921,164
961,867
1,025,221
1,040,878
825,597
739,523
1,063,095
0
699,308
495,411
0
0
658,166
731,463
731,463658,16600495,411699,30801,063,095739,523825,5971,040,8781,025,221961,867921,164734,502591,963622,945593,260676,083403,184497,322647,4510000000000000000000000000000000000000000000000000000000



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 (+$)
totalRevenue21,977,435
Cost of Revenue-18,337,361
Gross Profit3,640,0743,640,074
 
Operating Income (+$)
Gross Profit3,640,074
Operating Expense-20,416,811
Operating Income1,560,624-16,776,737
 
Operating Expense (+$)
Research Development747,522
Selling General Administrative753,363
Selling And Marketing Expenses-
Operating Expense20,416,8111,500,885
 
Net Interest Income (+$)
Interest Income69,730
Interest Expense-84,711
Other Finance Cost-2,088
Net Interest Income-12,893
 
Pretax Income (+$)
Operating Income1,560,624
Net Interest Income-12,893
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,620,2021,560,624
EBIT - interestExpense = -84,711
1,054,397
1,139,108
Interest Expense84,711
Earnings Before Interest and Taxes (EBIT)-1,704,912
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax1,620,202
Tax Provision-158,942
Net Income From Continuing Ops1,461,2591,461,259
Net Income1,054,397
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-12,893
 

Technical Analysis of Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The general trend of Ningbo Huaxiang Electronic Co Ltd is BEARISH with 14.3% 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 Ningbo Huaxiang Electronic 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 (-14.3%) Bearish trend (14.3%)
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 Ningbo Huaxiang Electronic 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: 13.20 < 13.23 < 13.64.

The bearish price targets are: 12.33 > 10.04.

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Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-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 lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +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

Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The current macd is 0.13781786.

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 Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic 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
Ningbo Huaxiang Electronic Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNingbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The current adx is 14.92.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Ningbo Huaxiang Electronic Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The current sar is 13.17.

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
Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The current rsi is 53.37. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Ningbo Huaxiang Electronic Co Ltd Daily Relative Strength Index (RSI) ChartNingbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The current phase is Continuation in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ningbo Huaxiang Electronic Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Ningbo Huaxiang Electronic Co Ltd Daily Stochastic Oscillator ChartNingbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The current cci is 7.85052599.

Ningbo Huaxiang Electronic Co Ltd Daily Commodity Channel Index (CCI) ChartNingbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The current cmo is 3.44754045.

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
Ningbo Huaxiang Electronic Co Ltd Daily Chande Momentum Oscillator (CMO) ChartNingbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The current willr is -55.55555556.

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 Ningbo Huaxiang Electronic Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Ningbo Huaxiang Electronic Co Ltd Daily Williams %R ChartNingbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd.

Ningbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The current atr is 0.30536676.

Ningbo Huaxiang Electronic Co Ltd Daily Average True Range (ATR) ChartNingbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The current obv is 2,090,506.

Ningbo Huaxiang Electronic Co Ltd Daily On-Balance Volume (OBV) ChartNingbo Huaxiang Electronic 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 Ningbo Huaxiang Electronic Co Ltd. The current mfi is 68.82.

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
Ningbo Huaxiang Electronic Co Ltd Daily Money Flow Index (MFI) ChartNingbo Huaxiang Electronic Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ningbo Huaxiang Electronic 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
2023-11-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-20DMI 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.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-21MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-22DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30DMI 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
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-25STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-07MACD 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21DMI 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.
2024-02-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Ningbo Huaxiang Electronic Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ningbo Huaxiang Electronic Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.373
Ma 20Greater thanMa 5012.746
Ma 50Greater thanMa 10012.279
Ma 100Greater thanMa 20012.785
OpenGreater thanClose12.590
Total2/5 (40.0%)
Penke

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