25 XP   0   0   10

GRG Banking Equipment Co Ltd
Buy, Hold or Sell?

Let's analyse GRG Banking Equipment Co Ltd together

PenkeI guess you are interested in GRG Banking Equipment 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 GRG Banking Equipment Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

Get notifications about GRG Banking Equipment Co Ltd

I send you an email if I find something interesting about GRG Banking Equipment Co Ltd.

Quick analysis of GRG Banking Equipment Co Ltd (30 sec.)










What can you expect buying and holding a share of GRG Banking Equipment Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.03
When do you have the money?
1 year
How often do you get paid?
95.0%

What is your share worth?

Current worth
¥5.60
Expected worth in 1 year
¥5.88
How sure are you?
97.5%

+ What do you gain per year?

Total Gains per Share
¥0.49
Return On Investment
4.1%

For what price can you sell your share?

Current Price per Share
¥11.99
Expected price per share
¥8.38 - ¥13.44
How sure are you?
50%

1. Valuation of GRG Banking Equipment Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥11.99

Intrinsic Value Per Share

¥-3.55 - ¥-4.47

Total Value Per Share

¥2.05 - ¥1.13

2. Growth of GRG Banking Equipment Co Ltd (5 min.)




Is GRG Banking Equipment Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$1.9b$1.7b$143.7m7.6%

How much money is GRG Banking Equipment Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$31.5m$30.6m$915.5k2.9%
Net Profit Margin11.5%12.7%--

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

3. Financial Health of GRG Banking Equipment Co Ltd (5 min.)




4. Comparing to competitors in the Business Equipment & Supplies industry (5 min.)




  Industry Rankings (Business Equipment & Supplies)  


Richest
#7 / 70

Most Revenue
#16 / 70

What can you expect buying and holding a share of GRG Banking Equipment Co Ltd? (5 min.)

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

What can you expect buying and holding a share of GRG Banking Equipment Co Ltd?

First you should know what it really means to hold a share of GRG Banking Equipment Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of GRG Banking Equipment Co Ltd is ¥11.99. 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 GRG Banking Equipment 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 GRG Banking Equipment 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 ¥5.60. Based on the TTM, the Book Value Change Per Share is ¥0.07 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.15 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 ¥0.05 per quarter.
Based on historical numbers we can estimate the returns while holding a share of GRG Banking Equipment 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 Eps0.020.1%0.010.1%0.010.1%0.010.1%0.010.1%
Usd Book Value Change Per Share0.020.1%0.010.1%0.020.2%0.010.1%0.010.1%
Usd Dividend Per Share0.000.0%0.010.1%0.010.0%0.010.0%0.010.1%
Usd Total Gains Per Share0.020.1%0.020.1%0.030.2%0.020.1%0.020.2%
Usd Price Per Share1.67-1.59-1.38-1.40-1.90-
Price to Earnings Ratio26.94-28.99-28.41-31.33-44.40-
Price-to-Total Gains Ratio99.97-103.07-94.94-119.73-225.19-
Price to Book Ratio2.16-2.09-1.98-2.19-5.28-
Price-to-Total Gains Ratio99.97-103.07-94.94-119.73-225.19-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.659416
Number of shares602
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.020.02
Gains per Quarter (602 shares)10.2010.69
Gains per Year (602 shares)40.8142.78
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1172331133033
2354772256076
352701133890119
4709415451121162
58711719563151205
610414123676181248
712216427788211291
8139187318101241334
9156211359114271377
10174234400126301420

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%65.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%17.03.00.085.0%32.08.00.080.0%55.010.00.084.6%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%38.00.02.095.0%52.00.013.080.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.01.00.097.5%63.02.00.096.9%

Fundamentals of GRG Banking Equipment Co Ltd

About GRG Banking Equipment Co Ltd

GRG Banking Equipment Co., Ltd. engages in the provision of artificial intelligence solutions for financial self-service industry worldwide. The company provides financial self-service solutions, including cash depositors and recyclers; full function automated teller machines (ATMs); self-service machines, such as video and smart teller machines, and smart embosser machines; intelligent deposit machines; retail dispensers and recyclers; and cash sorting machines. It also offers branch transformation software, such as FEEL View, FEEL Video, and iBank; terminal and security software, including SecOne and eCAT; cash management software comprising aDep and CPC Management System; and digital banking software containing core banking system, and open and mobile banking platform. In addition, the company provides smart building solutions, such as entrance control gates, face recognition terminals for access and attendance, smart visitor kiosks for visitor management, and interactive smart screens for conference rooms; biometric solutions, including finger vein recognition terminals and dual-lens cameras for face recognition; intelligent electronic lock solution under G-Locks brand; and enterprise security solutions comprising anti-DDoS and web application firewalls, and GRGesm, an endpoint security management software. Further, it offers smart check-in machines, SIM card kiosks, and marketing displays and screens, as well as information publishing systems, precise marketing and InSmart solutions. Additionally, the company provides cash dispensing, accepting, and recycling modules; coin dispensing and recycling modules; cheque accepting/dispensing modules, and authentication solutions; smart card return modules and shockproof arrays; and card reader, storage, and issuance solutions, as well as token dispensers. GRG Banking Equipment Co., Ltd. was founded in 1999 and is based in Guangzhou, China.

Fundamental data was last updated by Penke on 2024-03-23 23:10:05.

Financial Health

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

Valuation

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

1.1. Profitability of GRG Banking Equipment Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit GRG Banking Equipment Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare GRG Banking Equipment Co Ltd to the Business Equipment & Supplies industry mean.
  • A Net Profit Margin of 13.2% means that ¥0.13 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of GRG Banking Equipment Co Ltd:

  • The MRQ is 13.2%. The company is making a huge profit. +2
  • The TTM is 11.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ13.2%TTM11.5%+1.7%
TTM11.5%YOY12.7%-1.2%
TTM11.5%5Y12.2%-0.6%
5Y12.2%10Y17.0%-4.8%
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ13.2%3.4%+9.8%
TTM11.5%3.8%+7.7%
YOY12.7%3.0%+9.7%
5Y12.2%3.3%+8.9%
10Y17.0%3.8%+13.2%
1.1.2. Return on Assets

Shows how efficient GRG Banking Equipment Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare GRG Banking Equipment Co Ltd to the Business Equipment & Supplies industry mean.
  • 1.2% Return on Assets means that GRG Banking Equipment Co Ltd generated ¥0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of GRG Banking Equipment Co Ltd:

  • The MRQ is 1.2%. 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+/- 
MRQ1.2%TTM1.1%+0.2%
TTM1.1%YOY1.3%-0.2%
TTM1.1%5Y1.3%-0.2%
5Y1.3%10Y1.9%-0.7%
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%1.0%+0.2%
TTM1.1%0.9%+0.2%
YOY1.3%0.9%+0.4%
5Y1.3%0.9%+0.4%
10Y1.9%1.2%+0.7%
1.1.3. Return on Equity

Shows how efficient GRG Banking Equipment Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare GRG Banking Equipment Co Ltd to the Business Equipment & Supplies industry mean.
  • 2.4% Return on Equity means GRG Banking Equipment Co Ltd generated ¥0.02 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of GRG Banking Equipment Co Ltd:

  • The MRQ is 2.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.4%TTM1.9%+0.4%
TTM1.9%YOY2.0%0.0%
TTM1.9%5Y2.0%0.0%
5Y2.0%10Y2.9%-0.9%
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4%2.1%+0.3%
TTM1.9%1.8%+0.1%
YOY2.0%1.6%+0.4%
5Y2.0%1.9%+0.1%
10Y2.9%2.1%+0.8%

1.2. Operating Efficiency of GRG Banking Equipment Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient GRG Banking Equipment Co Ltd is operating .

  • Measures how much profit GRG Banking Equipment 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 GRG Banking Equipment Co Ltd to the Business Equipment & Supplies industry mean.
  • An Operating Margin of 15.4% means the company generated ¥0.15  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of GRG Banking Equipment Co Ltd:

  • The MRQ is 15.4%. The company is operating efficient. +1
  • The TTM is 12.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ15.4%TTM12.0%+3.4%
TTM12.0%YOY13.9%-1.9%
TTM12.0%5Y14.1%-2.1%
5Y14.1%10Y7.3%+6.8%
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ15.4%4.9%+10.5%
TTM12.0%2.0%+10.0%
YOY13.9%4.5%+9.4%
5Y14.1%4.7%+9.4%
10Y7.3%3.4%+3.9%
1.2.2. Operating Ratio

Measures how efficient GRG Banking Equipment Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Business Equipment & Supplies industry mean).
  • An Operation Ratio of 1.52 means that the operating costs are ¥1.52 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of GRG Banking Equipment Co Ltd:

  • The MRQ is 1.524. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.481. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.524TTM1.481+0.043
TTM1.481YOY1.441+0.040
TTM1.4815Y1.454+0.027
5Y1.45410Y0.999+0.455
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5241.536-0.012
TTM1.4811.504-0.023
YOY1.4411.525-0.084
5Y1.4541.530-0.076
10Y0.9991.184-0.185

1.3. Liquidity of GRG Banking Equipment Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if GRG Banking Equipment Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Business Equipment & Supplies industry mean).
  • A Current Ratio of 1.95 means the company has ¥1.95 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of GRG Banking Equipment Co Ltd:

  • The MRQ is 1.948. The company is able to pay all its short-term debts. +1
  • The TTM is 2.121. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.948TTM2.121-0.173
TTM2.121YOY2.556-0.435
TTM2.1215Y2.494-0.372
5Y2.49410Y1.315+1.179
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9481.919+0.029
TTM2.1211.799+0.322
YOY2.5561.801+0.755
5Y2.4941.870+0.624
10Y1.3151.625-0.310
1.3.2. Quick Ratio

Measures if GRG Banking Equipment 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 GRG Banking Equipment Co Ltd to the Business Equipment & Supplies industry mean.
  • A Quick Ratio of 0.39 means the company can pay off ¥0.39 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of GRG Banking Equipment Co Ltd:

  • The MRQ is 0.394. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.467. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.394TTM0.467-0.074
TTM0.467YOY0.675-0.208
TTM0.4675Y0.654-0.186
5Y0.65410Y0.547+0.106
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3940.755-0.361
TTM0.4670.856-0.389
YOY0.6750.808-0.133
5Y0.6540.873-0.219
10Y0.5470.862-0.315

1.4. Solvency of GRG Banking Equipment Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of GRG Banking Equipment Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare GRG Banking Equipment Co Ltd to Business Equipment & Supplies industry mean.
  • A Debt to Asset Ratio of 0.39 means that GRG Banking Equipment Co Ltd assets are financed with 38.9% credit (debt) and the remaining percentage (100% - 38.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of GRG Banking Equipment Co Ltd:

  • The MRQ is 0.389. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.355. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.389TTM0.355+0.035
TTM0.355YOY0.286+0.069
TTM0.3555Y0.290+0.065
5Y0.29010Y0.275+0.015
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3890.431-0.042
TTM0.3550.428-0.073
YOY0.2860.408-0.122
5Y0.2900.440-0.150
10Y0.2750.425-0.150
1.4.2. Debt to Equity Ratio

Measures if GRG Banking Equipment Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare GRG Banking Equipment Co Ltd to the Business Equipment & Supplies industry mean.
  • A Debt to Equity ratio of 75.1% means that company has ¥0.75 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of GRG Banking Equipment Co Ltd:

  • The MRQ is 0.751. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.646. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.751TTM0.646+0.104
TTM0.646YOY0.453+0.193
TTM0.6465Y0.464+0.182
5Y0.46410Y0.421+0.043
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7510.824-0.073
TTM0.6460.787-0.141
YOY0.4530.756-0.303
5Y0.4640.813-0.349
10Y0.4210.743-0.322

2. Market Valuation of GRG Banking Equipment 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 GRG Banking Equipment Co Ltd generates.

  • Above 15 is considered overpriced but always compare GRG Banking Equipment Co Ltd to the Business Equipment & Supplies industry mean.
  • A PE ratio of 26.94 means the investor is paying ¥26.94 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of GRG Banking Equipment Co Ltd:

  • The EOD is 26.695. Based on the earnings, the company is overpriced. -1
  • The MRQ is 26.940. Based on the earnings, the company is overpriced. -1
  • The TTM is 28.991. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD26.695MRQ26.940-0.245
MRQ26.940TTM28.991-2.051
TTM28.991YOY28.409+0.582
TTM28.9915Y31.330-2.338
5Y31.33010Y44.398-13.068
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD26.69513.399+13.296
MRQ26.94011.113+15.827
TTM28.99115.655+13.336
YOY28.40915.571+12.838
5Y31.33015.708+15.622
10Y44.39826.177+18.221
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of GRG Banking Equipment Co Ltd:

  • The EOD is -251.448. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -253.755. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -73.804. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-251.448MRQ-253.755+2.307
MRQ-253.755TTM-73.804-179.951
TTM-73.804YOY-13.866-59.938
TTM-73.8045Y19.521-93.325
5Y19.52110Y12.344+7.176
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD-251.4486.833-258.281
MRQ-253.7556.532-260.287
TTM-73.8042.344-76.148
YOY-13.8660.545-14.411
5Y19.5211.702+17.819
10Y12.3443.397+8.947
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of GRG Banking Equipment Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Business Equipment & Supplies industry mean).
  • A PB ratio of 2.16 means the investor is paying ¥2.16 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of GRG Banking Equipment Co Ltd:

  • The EOD is 2.141. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.161. Based on the equity, the company is underpriced. +1
  • The TTM is 2.092. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.141MRQ2.161-0.020
MRQ2.161TTM2.092+0.069
TTM2.092YOY1.981+0.111
TTM2.0925Y2.188-0.096
5Y2.18810Y5.280-3.092
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD2.1411.754+0.387
MRQ2.1611.678+0.483
TTM2.0921.835+0.257
YOY1.9811.887+0.094
5Y2.1882.071+0.117
10Y5.2802.372+2.908
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of GRG Banking Equipment 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--0.1150.070+64%0.148-22%0.090+28%0.107+8%
Book Value Per Share--5.6005.496+2%5.078+10%4.644+21%3.694+52%
Current Ratio--1.9482.121-8%2.556-24%2.494-22%1.315+48%
Debt To Asset Ratio--0.3890.355+10%0.286+36%0.290+34%0.275+41%
Debt To Equity Ratio--0.7510.646+16%0.453+66%0.464+62%0.421+78%
Dividend Per Share--0.0060.052-89%0.039-86%0.038-85%0.058-90%
Eps--0.1120.100+13%0.089+26%0.084+34%0.084+33%
Free Cash Flow Per Share---0.0120.127-109%0.094-113%0.084-114%0.124-110%
Free Cash Flow To Equity Per Share---0.0010.045-101%0.207-100%0.083-101%0.167-100%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---4.466--------
Intrinsic Value_10Y_min---3.552--------
Intrinsic Value_1Y_max--0.297--------
Intrinsic Value_1Y_min--0.292--------
Intrinsic Value_3Y_max--0.325--------
Intrinsic Value_3Y_min--0.321--------
Intrinsic Value_5Y_max---0.332--------
Intrinsic Value_5Y_min---0.259--------
Market Cap29775725816.320-1%30048933065.80028571320241.490+5%24802786693.775+21%25154173306.637+19%34146501990.732-12%
Net Profit Margin--0.1320.115+15%0.127+4%0.122+9%0.170-22%
Operating Margin--0.1540.120+29%0.139+11%0.141+9%0.073+111%
Operating Ratio--1.5241.481+3%1.441+6%1.454+5%0.999+52%
Pb Ratio2.141-1%2.1612.092+3%1.981+9%2.188-1%5.280-59%
Pe Ratio26.695-1%26.94028.991-7%28.409-5%31.330-14%44.398-39%
Price Per Share11.990-1%12.10011.505+5%9.988+21%10.129+19%13.750-12%
Price To Free Cash Flow Ratio-251.448+1%-253.755-73.804-71%-13.866-95%19.521-1400%12.344-2156%
Price To Total Gains Ratio99.063-1%99.972103.070-3%94.943+5%119.726-16%225.188-56%
Quick Ratio--0.3940.467-16%0.675-42%0.654-40%0.547-28%
Return On Assets--0.0120.011+14%0.013-2%0.013-3%0.019-37%
Return On Equity--0.0240.019+21%0.020+19%0.020+19%0.029-19%
Total Gains Per Share--0.1210.122-1%0.188-35%0.128-6%0.165-27%
Usd Book Value--1924666123.2781889089990.416+2%1745299156.077+10%1595996968.895+21%1269539756.754+52%
Usd Book Value Change Per Share--0.0160.010+64%0.021-22%0.013+28%0.015+8%
Usd Book Value Per Share--0.7750.761+2%0.703+10%0.643+21%0.511+52%
Usd Dividend Per Share--0.0010.007-89%0.005-86%0.005-85%0.008-90%
Usd Eps--0.0160.014+13%0.012+26%0.012+34%0.012+33%
Usd Free Cash Flow---4097230.18943719416.905-109%32238433.305-113%28753156.672-114%27769199.620-115%
Usd Free Cash Flow Per Share---0.0020.018-109%0.013-113%0.012-114%0.017-110%
Usd Free Cash Flow To Equity Per Share--0.0000.006-101%0.029-100%0.012-101%0.023-100%
Usd Market Cap4120960452.979-1%4158772336.3073954270721.422+5%3432705678.418+21%3481337585.639+19%4725875875.517-12%
Usd Price Per Share1.659-1%1.6751.592+5%1.382+21%1.402+19%1.903-12%
Usd Profit--38592721.41131574696.440+22%30659168.254+26%28272427.570+37%28736784.290+34%
Usd Revenue--291666528.526293669600.096-1%252202553.944+16%243320737.177+20%192315700.007+52%
Usd Total Gains Per Share--0.0170.017-1%0.026-35%0.018-6%0.023-27%
 EOD+3 -5MRQTTM+17 -18YOY+16 -195Y+18 -1710Y+15 -20

3.2. Fundamental Score

Let's check the fundamental score of GRG Banking Equipment Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1526.695
Price to Book Ratio (EOD)Between0-12.141
Net Profit Margin (MRQ)Greater than00.132
Operating Margin (MRQ)Greater than00.154
Quick Ratio (MRQ)Greater than10.394
Current Ratio (MRQ)Greater than11.948
Debt to Asset Ratio (MRQ)Less than10.389
Debt to Equity Ratio (MRQ)Less than10.751
Return on Equity (MRQ)Greater than0.150.024
Return on Assets (MRQ)Greater than0.050.012
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of GRG Banking Equipment Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.726
Ma 20Greater thanMa 5012.184
Ma 50Greater thanMa 10011.055
Ma 100Greater thanMa 20011.624
OpenGreater thanClose11.760
Total2/5 (40.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Tax Provision  9,9865,18515,17137,46452,635-6,87845,757-52,293-6,536



Latest Balance Sheet

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

Summary
Total Assets22,774,399
Total Liabilities8,867,852
Total Stockholder Equity11,810,540
 As reported
Total Liabilities 8,867,852
Total Stockholder Equity+ 11,810,540
Total Assets = 22,774,399

Assets

Total Assets22,774,399
Total Current Assets16,377,202
Long-term Assets6,397,197
Total Current Assets
Cash And Cash Equivalents 9,325,258
Short-term Investments 353,624
Net Receivables 2,956,813
Inventory 2,539,629
Other Current Assets 1,201,878
Total Current Assets  (as reported)16,377,202
Total Current Assets  (calculated)16,377,202
+/- 0
Long-term Assets
Property Plant Equipment 1,929,288
Goodwill 881,319
Intangible Assets 194,166
Other Assets 1,897,673
Long-term Assets  (as reported)6,397,197
Long-term Assets  (calculated)4,902,446
+/- 1,494,751

Liabilities & Shareholders' Equity

Total Current Liabilities8,406,788
Long-term Liabilities461,064
Total Stockholder Equity11,810,540
Total Current Liabilities
Short Long Term Debt 181,618
Accounts payable 2,280,981
Other Current Liabilities 5,329,167
Total Current Liabilities  (as reported)8,406,788
Total Current Liabilities  (calculated)7,791,766
+/- 615,023
Long-term Liabilities
Long term Debt 308,900
Capital Lease Obligations Min Short Term Debt36,788
Other Liabilities 115,376
Long-term Liabilities Other 12,570
Deferred Long Term Liability 23,605
Long-term Liabilities  (as reported)461,064
Long-term Liabilities  (calculated)497,239
+/- 36,175
Total Stockholder Equity
Common Stock2,483,383
Retained Earnings 6,592,368
Total Stockholder Equity (as reported)11,810,540
Total Stockholder Equity (calculated)9,075,751
+/- 2,734,788
Other
Capital Stock2,483,383
Common Stock Shares Outstanding 2,483,383
Net Invested Capital 12,301,057
Net Tangible Assets 10,735,055
Net Working Capital 7,970,414
Property Plant and Equipment Gross 1,929,288



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302006-12-312005-12-312004-12-31
> Total Assets 
253,243
355,944
598,075
613,831
1,214,895
1,613,531
1,500,395
1,387,611
1,482,811
2,077,977
1,801,672
1,805,968
1,883,525
2,218,405
2,165,328
2,268,047
2,355,917
2,773,933
2,681,896
2,756,665
2,780,868
3,377,610
3,078,042
3,085,812
3,261,299
4,020,427
3,767,111
3,738,967
4,166,529
5,055,167
4,837,317
4,862,909
5,147,463
6,644,313
6,265,877
6,103,278
6,398,619
7,700,178
10,567,557
10,308,461
10,972,528
11,906,552
11,958,853
11,949,282
12,069,049
12,691,220
12,410,079
12,397,088
12,641,897
13,440,219
13,000,350
12,755,806
13,210,458
14,187,209
13,515,940
14,308,675
15,225,778
15,709,683
15,794,346
15,340,606
15,665,347
17,033,372
16,795,978
18,058,879
18,778,712
20,184,188
19,877,357
22,029,077
22,774,399
22,774,39922,029,07719,877,35720,184,18818,778,71218,058,87916,795,97817,033,37215,665,34715,340,60615,794,34615,709,68315,225,77814,308,67513,515,94014,187,20913,210,45812,755,80613,000,35013,440,21912,641,89712,397,08812,410,07912,691,22012,069,04911,949,28211,958,85311,906,55210,972,52810,308,46110,567,5577,700,1786,398,6196,103,2786,265,8776,644,3135,147,4634,862,9094,837,3175,055,1674,166,5293,738,9673,767,1114,020,4273,261,2993,085,8123,078,0423,377,6102,780,8682,756,6652,681,8962,773,9332,355,9172,268,0472,165,3282,218,4051,883,5251,805,9681,801,6722,077,9771,482,8111,387,6111,500,3951,613,5311,214,895613,831598,075355,944253,243
   > 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
8,406,616
9,350,497
8,816,477
8,391,557
8,679,424
9,705,279
9,137,132
9,071,259
10,143,632
10,933,484
11,211,102
10,631,740
10,917,911
11,821,689
11,716,599
12,717,374
13,163,897
14,008,712
13,537,295
15,615,874
16,377,202
16,377,20215,615,87413,537,29514,008,71213,163,89712,717,37411,716,59911,821,68910,917,91110,631,74011,211,10210,933,48410,143,6329,071,2599,137,1329,705,2798,679,4248,391,5578,816,4779,350,4978,406,616000000000000000000000000000000000000000000000000
       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
2,653,162
4,249,788
3,904,260
3,493,940
3,420,828
4,482,916
3,527,011
3,687,198
4,788,195
6,641,509
6,523,304
5,750,553
5,804,713
6,424,698
5,868,503
6,580,380
5,276,771
7,470,697
6,603,864
8,808,106
9,325,258
9,325,2588,808,1066,603,8647,470,6975,276,7716,580,3805,868,5036,424,6985,804,7135,750,5536,523,3046,641,5094,788,1953,687,1983,527,0114,482,9163,420,8283,493,9403,904,2604,249,7882,653,162000000000000000000000000000000000000000000000000
       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
1,570,930
0
1,234,369
0
1,391,850
1,647,550
1,133,890
898,730
562,900
859,610
961,750
894,079
1,122,990
1,104,990
376,090
1,910,280
920,280
926,033
430,800
353,624
353,624430,800926,033920,2801,910,280376,0901,104,9901,122,990894,079961,750859,610562,900898,7301,133,8901,647,5501,391,85001,234,36901,570,9300000000000000000000000000000000000000000000000000
       Net Receivables 
75,274
149,546
261,889
239,137
320,726
299,370
324,922
248,865
406,720
368,721
379,538
468,001
607,922
421,693
591,417
945,124
952,951
999,689
885,021
1,093,980
936,466
863,750
904,281
830,999
983,131
678,203
745,922
786,260
868,025
764,143
801,008
750,546
697,985
697,806
709,966
725,972
822,733
875,749
1,133,145
875,538
918,577
864,407
891,993
969,984
871,236
908,443
1,175,996
1,488,098
1,460,533
1,463,120
1,346,436
1,392,940
1,457,719
1,762,666
1,756,732
1,949,531
2,165,443
1,846,102
1,923,951
1,943,416
1,930,338
1,809,656
1,983,556
2,330,924
2,454,090
1,966,874
2,605,211
2,791,524
2,956,813
2,956,8132,791,5242,605,2111,966,8742,454,0902,330,9241,983,5561,809,6561,930,3381,943,4161,923,9511,846,1022,165,4431,949,5311,756,7321,762,6661,457,7191,392,9401,346,4361,463,1201,460,5331,488,0981,175,996908,443871,236969,984891,993864,407918,577875,5381,133,145875,749822,733725,972709,966697,806697,985750,546801,008764,143868,025786,260745,922678,203983,131830,999904,281863,750936,4661,093,980885,021999,689952,951945,124591,417421,693607,922468,001379,538368,721406,720248,865324,922299,370320,726239,137261,889149,54675,274
       Other Current Assets 
680
737
1,718
2,665
3,893
6,366
7,190
3,719
4,043
8,313
2,728
20,190
8,303
12,468
7,660
18,776
25,458
23,279
11,429
13,679
22,214
21,914
6,852
12,329
33,157
49,453
48,356
543,480
830,331
876,579
787,953
120,550
933,243
36,416
1,034,130
192,109
804,108
31,975
1,621,196
87,944
1,261,172
38,690
2,614,987
92,571
2,095,063
52,268
2,453,666
138,998
2,050,058
201,698
1,423,554
1,305,773
1,405,156
149,814
241,415
228,898
216,244
223,788
302,486
311,070
360,820
293,942
832,452
273,791
1,172,109
962,012
1,034,922
229,551
1,201,878
1,201,878229,5511,034,922962,0121,172,109273,791832,452293,942360,820311,070302,486223,788216,244228,898241,415149,8141,405,1561,305,7731,423,554201,6982,050,058138,9982,453,66652,2682,095,06392,5712,614,98738,6901,261,17287,9441,621,19631,975804,108192,1091,034,13036,416933,243120,550787,953876,579830,331543,48048,35649,45333,15712,3296,85221,91422,21413,67911,42923,27925,45818,7767,66012,4688,30320,1902,7288,3134,0433,7197,1906,3663,8932,6651,718737680
   > 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
4,183,873
4,364,248
4,531,034
4,481,931
4,378,808
5,237,417
5,082,146
4,776,199
4,583,244
4,708,867
4,747,435
5,211,684
5,079,380
5,341,505
5,614,815
6,175,476
6,340,062
6,413,203
6,397,197
6,397,1976,413,2036,340,0626,175,4765,614,8155,341,5055,079,3805,211,6844,747,4354,708,8674,583,2444,776,1995,082,1465,237,4174,378,8084,481,9314,531,0344,364,2484,183,87300000000000000000000000000000000000000000000000000
       Property Plant Equipment 
7,176
7,928
50,453
61,430
69,242
101,043
120,587
153,293
166,542
204,592
193,533
220,402
219,588
265,696
269,575
300,651
291,620
315,099
298,465
311,652
301,612
316,161
295,509
308,208
288,155
308,905
308,153
332,034
445,015
454,038
451,571
483,838
489,341
547,302
555,283
573,807
600,338
638,345
712,402
719,593
751,557
876,555
893,556
989,037
1,011,072
1,023,673
1,037,523
1,032,847
1,086,669
1,137,338
1,130,594
1,123,716
1,135,816
1,131,640
1,111,982
1,649,246
1,634,374
1,650,378
1,715,889
1,715,628
1,705,197
1,778,456
1,804,921
1,858,545
1,907,137
1,867,490
1,864,049
1,866,277
1,929,288
1,929,2881,866,2771,864,0491,867,4901,907,1371,858,5451,804,9211,778,4561,705,1971,715,6281,715,8891,650,3781,634,3741,649,2461,111,9821,131,6401,135,8161,123,7161,130,5941,137,3381,086,6691,032,8471,037,5231,023,6731,011,072989,037893,556876,555751,557719,593712,402638,345600,338573,807555,283547,302489,341483,838451,571454,038445,015332,034308,153308,905288,155308,208295,509316,161301,612311,652298,465315,099291,620300,651269,575265,696219,588220,402193,533204,592166,542153,293120,587101,04369,24261,43050,4537,9287,176
       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
947
947
947
1,016
1,016
95,318
199,908
233,421
306,027
315,885
346,121
403,434
435,127
437,860
564,425
530,624
812,130
1,030,429
1,055,064
1,014,428
1,014,428
1,014,428
1,014,428
978,697
1,002,817
1,006,509
1,006,509
947,391
947,391
947,391
947,391
878,205
878,205
878,205
879,235
827,157
827,157
881,319
881,319
881,319881,319827,157827,157879,235878,205878,205878,205947,391947,391947,391947,3911,006,5091,006,5091,002,817978,6971,014,4281,014,4281,014,4281,014,4281,055,0641,030,429812,130530,624564,425437,860435,127403,434346,121315,885306,027233,421199,90895,3181,0161,016947947947000000000000000000000000000000
       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
1,712,744
1,533,235
1,640,253
1,835,766
1,923,791
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,923,7911,835,7661,640,2531,533,2351,712,744000000000000000000000000000000000000000000000000
       Intangible Assets 
45
1,011
1,137
1,940
1,872
1,992
10,199
1,114
15,634
733
15,106
582
14,815
428
15,761
2,081
16,140
1,679
15,435
1,477
15,174
1,422
18,372
1,504
18,265
1,551
18,131
1,289
82,467
1,716
17,910
17,661
17,445
86,283
85,390
187,572
291,422
332,503
404,434
413,381
456,998
516,070
549,264
556,452
682,675
676,319
958,882
1,179,661
152,495
151,801
150,143
10,783
214,711
214,490
213,497
212,993
211,018
214,236
215,491
213,375
211,612
177,701
179,650
178,470
175,691
175,617
173,036
196,786
194,166
194,166196,786173,036175,617175,691178,470179,650177,701211,612213,375215,491214,236211,018212,993213,497214,490214,71110,783150,143151,801152,4951,179,661958,882676,319682,675556,452549,264516,070456,998413,381404,434332,503291,422187,57285,39086,28317,44517,66117,9101,71682,4671,28918,1311,55118,2651,50418,3721,42215,1741,47715,4351,67916,1402,08115,76142814,81558215,10673315,6341,11410,1991,9921,8721,9401,1371,01145
       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
16,337
18,029
14,938
13,993
71,327
13,865
1,669,936
5,884
5,422
2,952
2,863
310,828
309,451
478,916
776,781
1,199,036
1,408,660
1,435,751
1,433,666
1,433,6661,435,7511,408,6601,199,036776,781478,916309,451310,8282,8632,9525,4225,8841,669,93613,86571,32713,99314,93818,02916,33700000000000000000000000000000000000000000000000000
> Total Liabilities 
168,144
210,496
356,043
298,392
278,826
586,482
390,264
233,946
280,618
733,271
362,518
332,966
351,064
543,501
386,509
509,619
531,691
747,751
538,136
571,040
524,313
916,589
484,549
414,230
506,610
1,026,648
638,392
648,300
870,732
1,434,481
1,057,485
1,062,963
1,193,840
2,317,280
1,765,813
1,936,110
2,079,220
2,936,968
2,396,753
2,260,449
2,421,658
3,036,704
2,535,502
2,764,651
2,970,695
3,206,981
2,921,768
3,076,213
3,228,545
3,930,617
3,235,833
3,159,034
3,441,404
4,275,642
3,543,175
4,026,367
4,474,977
4,764,394
4,050,142
3,726,435
3,931,145
5,030,375
4,601,465
5,022,609
5,570,321
6,755,211
6,234,953
8,409,029
8,867,852
8,867,8528,409,0296,234,9536,755,2115,570,3215,022,6094,601,4655,030,3753,931,1453,726,4354,050,1424,764,3944,474,9774,026,3673,543,1754,275,6423,441,4043,159,0343,235,8333,930,6173,228,5453,076,2132,921,7683,206,9812,970,6952,764,6512,535,5023,036,7042,421,6582,260,4492,396,7532,936,9682,079,2201,936,1101,765,8132,317,2801,193,8401,062,9631,057,4851,434,481870,732648,300638,3921,026,648506,610414,230484,549916,589524,313571,040538,136747,751531,691509,619386,509543,501351,064332,966362,518733,271280,618233,946390,264586,482278,826298,392356,043210,496168,144
   > Total Current Liabilities 
132,900
206,829
345,743
283,383
263,818
575,388
379,460
221,536
268,535
721,861
351,108
322,340
341,044
533,146
375,654
495,817
519,408
731,171
519,657
548,701
502,490
887,310
445,960
378,849
468,357
985,383
596,770
612,480
828,339
1,387,960
1,011,018
1,023,016
1,155,564
2,279,434
1,729,605
1,892,066
2,031,452
2,865,279
2,310,118
2,175,986
2,290,190
2,924,118
2,386,313
2,639,040
2,852,135
3,089,998
2,799,337
2,947,376
3,094,202
3,820,619
3,123,385
3,050,063
3,341,967
4,189,362
3,465,293
3,945,102
4,356,271
4,651,347
3,951,061
3,628,435
3,838,878
4,923,019
4,493,026
4,846,413
5,080,851
6,299,666
5,770,955
7,936,860
8,406,788
8,406,7887,936,8605,770,9556,299,6665,080,8514,846,4134,493,0264,923,0193,838,8783,628,4353,951,0614,651,3474,356,2713,945,1023,465,2934,189,3623,341,9673,050,0633,123,3853,820,6193,094,2022,947,3762,799,3373,089,9982,852,1352,639,0402,386,3132,924,1182,290,1902,175,9862,310,1182,865,2792,031,4521,892,0661,729,6052,279,4341,155,5641,023,0161,011,0181,387,960828,339612,480596,770985,383468,357378,849445,960887,310502,490548,701519,657731,171519,408495,817375,654533,146341,044322,340351,108721,861268,535221,536379,460575,388263,818283,383345,743206,829132,900
       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
48,331
47,331
72,031
80,049
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000080,04972,03147,33148,33100000000000000000000000000000000000000000000000000
       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
48,331
47,331
72,031
80,049
114,942
484,932
503,751
496,738
465,645
192,554
225,267
187,376
328,142
476,884
525,449
104,213
131,249
138,988
181,618
181,618138,988131,249104,213525,449476,884328,142187,376225,267192,554465,645496,738503,751484,932114,94280,04972,03147,33148,33100000000000000000000000000000000000000000000000000
       Accounts payable 
34,494
64,093
119,132
103,782
163,654
292,261
162,376
128,379
175,568
289,240
180,168
214,023
176,934
183,807
116,279
203,611
221,042
287,617
258,708
322,122
292,482
377,829
198,330
240,107
348,448
353,811
279,391
305,137
427,104
477,028
489,882
448,342
460,326
551,255
418,718
623,093
695,004
522,007
389,990
361,753
524,925
618,078
441,698
481,478
510,277
507,207
662,531
676,342
656,318
930,237
897,225
960,093
1,051,792
1,210,093
987,622
1,130,114
1,146,310
1,163,833
1,019,463
1,043,560
1,037,759
1,560,217
1,432,331
1,653,216
1,795,487
2,535,804
2,430,155
2,334,126
2,280,981
2,280,9812,334,1262,430,1552,535,8041,795,4871,653,2161,432,3311,560,2171,037,7591,043,5601,019,4631,163,8331,146,3101,130,114987,6221,210,0931,051,792960,093897,225930,237656,318676,342662,531507,207510,277481,478441,698618,078524,925361,753389,990522,007695,004623,093418,718551,255460,326448,342489,882477,028427,104305,137279,391353,811348,448240,107198,330377,829292,482322,122258,708287,617221,042203,611116,279183,807176,934214,023180,168289,240175,568128,379162,376292,261163,654103,782119,13264,09334,494
       Other Current Liabilities 
43,406
62,736
128,496
40,406
48,991
220,857
118,496
39,031
53,328
341,215
155,990
64,927
64,009
181,695
58,106
116,100
108,402
276,882
94,350
56,750
71,207
401,820
203,599
115,817
113,720
631,572
317,379
307,343
401,235
910,932
521,136
574,675
695,238
1,728,179
1,310,886
1,268,973
1,336,449
2,338,273
1,915,128
1,812,244
1,765,264
2,302,169
1,938,055
2,140,950
2,308,706
2,546,921
2,108,237
2,241,644
2,096,538
2,253,379
1,893,975
1,692,760
1,887,340
2,229,828
2,000,738
1,888,829
2,286,162
2,304,772
2,114,398
1,940,622
2,080,229
2,384,521
2,317,405
2,176,230
2,195,728
2,753,534
2,715,075
4,836,061
5,329,167
5,329,1674,836,0612,715,0752,753,5342,195,7282,176,2302,317,4052,384,5212,080,2291,940,6222,114,3982,304,7722,286,1621,888,8292,000,7382,229,8281,887,3401,692,7601,893,9752,253,3792,096,5382,241,6442,108,2372,546,9212,308,7062,140,9501,938,0552,302,1691,765,2641,812,2441,915,1282,338,2731,336,4491,268,9731,310,8861,728,179695,238574,675521,136910,932401,235307,343317,379631,572113,720115,817203,599401,82071,20756,75094,350276,882108,402116,10058,106181,69564,00964,927155,990341,21553,32839,031118,496220,85748,99140,406128,49662,73643,406
   > 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
112,449
108,970
99,437
86,280
77,882
81,266
118,706
113,048
99,080
98,001
92,266
107,357
108,438
176,196
489,469
455,545
463,997
472,169
461,064
461,064472,169463,997455,545489,469176,196108,438107,35792,26698,00199,080113,048118,70681,26677,88286,28099,437108,970112,44900000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-48,331
-47,331
-72,031
-80,049
0
0
0
0
13,999
14,196
14,093
38,399
33,433
44,711
62,655
53,391
57,392
50,101
36,788
36,78850,10157,39253,39162,65544,71133,43338,39914,09314,19613,9990000-80,049-72,031-47,331-48,33100000000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,500
1,000
500
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,368
12,570
12,57012,368000000000000005001,0001,50000000000000000000000000000000000000000000000000000
       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
18,290
18,564
19,802
18,382
17,961
52,640
48,650
44,472
39,867
46,742
42,310
41,124
34,654
62,272
30,156
52,030
23,364
49,727
25,712
54,101
23,605
23,60554,10125,71249,72723,36452,03030,15662,27234,65441,12442,31046,74239,86744,47248,65052,64017,96118,38219,80218,56418,290000000000000000000000000000000000000000000000000
> Total Stockholder Equity
85,100
145,448
242,032
315,440
936,069
1,027,049
1,110,131
1,153,664
1,202,193
1,330,005
1,424,621
1,458,663
1,518,280
1,660,867
1,764,539
1,744,011
1,809,641
2,007,851
2,125,017
2,161,862
2,232,549
2,436,882
2,568,989
2,647,872
2,730,010
2,968,242
3,104,863
3,058,208
3,163,220
3,485,409
3,642,390
3,660,940
3,779,993
4,147,284
4,317,711
3,955,270
4,089,243
4,509,954
7,889,184
7,773,155
8,237,503
8,375,557
8,866,691
8,610,053
8,506,750
8,890,909
8,872,929
8,573,935
8,623,063
8,686,989
8,960,705
8,807,133
8,924,897
9,052,927
9,070,477
9,337,550
9,785,371
9,957,162
10,755,223
10,575,782
10,713,030
10,977,779
11,073,539
11,191,151
11,382,722
11,611,871
11,813,347
11,597,293
11,810,540
11,810,54011,597,29311,813,34711,611,87111,382,72211,191,15111,073,53910,977,77910,713,03010,575,78210,755,2239,957,1629,785,3719,337,5509,070,4779,052,9278,924,8978,807,1338,960,7058,686,9898,623,0638,573,9358,872,9298,890,9098,506,7508,610,0538,866,6918,375,5578,237,5037,773,1557,889,1844,509,9544,089,2433,955,2704,317,7114,147,2843,779,9933,660,9403,642,3903,485,4093,163,2203,058,2083,104,8632,968,2422,730,0102,647,8722,568,9892,436,8822,232,5492,161,8622,125,0172,007,8511,809,6411,744,0111,764,5391,660,8671,518,2801,458,6631,424,6211,330,0051,202,1931,153,6641,110,1311,027,049936,069315,440242,032145,44885,100
   Common Stock
50,000
106,559
106,559
106,559
142,559
142,559
142,559
285,118
285,118
285,118
285,118
342,142
342,142
342,142
342,142
342,142
342,142
342,142
342,142
444,784
444,784
444,784
444,784
622,698
622,698
622,698
622,698
747,237
747,237
747,237
747,237
896,685
896,685
896,685
896,685
896,685
896,685
896,685
1,079,505
1,619,257
1,619,257
1,619,257
1,619,257
2,428,886
2,428,886
2,428,886
2,428,886
2,428,886
2,428,886
2,428,886
2,408,994
2,408,994
2,408,994
2,408,994
2,408,994
2,408,994
2,408,994
2,408,994
2,483,383
2,483,383
2,483,383
2,483,383
2,483,383
2,483,383
2,483,383
0
2,483,383
2,483,383
2,483,383
2,483,3832,483,3832,483,38302,483,3832,483,3832,483,3832,483,3832,483,3832,483,3832,483,3832,408,9942,408,9942,408,9942,408,9942,408,9942,408,9942,408,9942,408,9942,428,8862,428,8862,428,8862,428,8862,428,8862,428,8862,428,8861,619,2571,619,2571,619,2571,619,2571,079,505896,685896,685896,685896,685896,685896,685896,685747,237747,237747,237747,237622,698622,698622,698622,698444,784444,784444,784444,784342,142342,142342,142342,142342,142342,142342,142342,142285,118285,118285,118285,118142,559142,559142,559106,559106,559106,55950,000
   Retained Earnings 
26,413
30,969
112,639
184,047
219,262
290,107
373,190
416,723
465,251
561,588
656,203
690,251
749,874
856,255
959,563
939,500
1,005,230
1,146,422
1,266,818
1,206,175
1,278,198
1,430,882
1,564,097
1,642,795
1,722,757
1,911,456
2,048,027
1,878,742
1,981,910
2,241,057
2,718,802
2,588,022
2,705,698
3,070,412
3,240,798
2,877,537
3,011,034
3,430,866
3,609,726
3,031,660
3,182,239
3,519,185
3,783,581
3,889,522
4,015,349
4,256,744
4,446,076
4,114,969
4,218,143
4,441,264
4,012,674
3,892,529
4,027,436
4,910,160
5,042,428
4,918,866
5,161,357
5,409,007
5,635,005
5,434,995
5,665,833
5,875,869
6,100,776
5,915,963
6,170,635
5,583,576
6,566,635
6,313,859
6,592,368
6,592,3686,313,8596,566,6355,583,5766,170,6355,915,9636,100,7765,875,8695,665,8335,434,9955,635,0055,409,0075,161,3574,918,8665,042,4284,910,1604,027,4363,892,5294,012,6744,441,2644,218,1434,114,9694,446,0764,256,7444,015,3493,889,5223,783,5813,519,1853,182,2393,031,6603,609,7263,430,8663,011,0342,877,5373,240,7983,070,4122,705,6982,588,0222,718,8022,241,0571,981,9101,878,7422,048,0271,911,4561,722,7571,642,7951,564,0971,430,8821,278,1981,206,1751,266,8181,146,4221,005,230939,500959,563856,255749,874690,251656,203561,588465,251416,723373,190290,107219,262184,047112,63930,96926,413
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000-69,094000000000000000000000000000000000000000000000000
   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
-252,997
-368,280
-278,487
-207,491
-224,672
-274,439
-389,157
-19,609
189,859
115,873
-7,506
-76,781
-170,318
-110,671
-249,083
-213,793
-276,894
-205,811
-240,280
-273,829
-361,886
-361,886-273,829-240,280-205,811-276,894-213,793-249,083-110,671-170,318-76,781-7,506115,873189,859-19,609-389,157-274,439-224,672-207,491-278,487-368,280-252,997000000000000000000000000000000000000000000000000



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 (+$)
totalRevenue8,487,561
Cost of Revenue-5,389,094
Gross Profit3,098,4673,098,467
 
Operating Income (+$)
Gross Profit3,098,467
Operating Expense-7,259,315
Operating Income1,228,246-4,160,848
 
Operating Expense (+$)
Research Development774,651
Selling General Administrative818,377
Selling And Marketing Expenses-
Operating Expense7,259,3151,593,028
 
Net Interest Income (+$)
Interest Income146,968
Interest Expense-19,743
Other Finance Cost-10,534
Net Interest Income116,691
 
Pretax Income (+$)
Operating Income1,228,246
Net Interest Income116,691
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,314,4201,228,246
EBIT - interestExpense = -19,743
912,563
932,307
Interest Expense19,743
Earnings Before Interest and Taxes (EBIT)-1,334,163
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax1,314,420
Tax Provision-107,027
Net Income From Continuing Ops1,207,3931,207,393
Net Income912,563
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--116,691
 

Technical Analysis of GRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The general trend of GRG Banking Equipment Co Ltd is BULLISH with 28.6% 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 GRG Banking Equipment 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 (28.6%) Bearish trend (-28.6%)
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 GRG Banking Equipment 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: 12.68 < 13.44.

The bearish price targets are: 11.13 > 10.68 > 8.38.

Tweet this
GRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

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

Directionalities and relatives.

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

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

GRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The current macd is 0.25591124.

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 GRG Banking Equipment 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 GRG Banking Equipment 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 GRG Banking Equipment 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
GRG Banking Equipment Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartGRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The current adx is 26.19.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy GRG Banking Equipment Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
GRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The current sar is 12.54.

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
GRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The current rsi is 52.73. The current phase is Continuation in bull 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).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
GRG Banking Equipment Co Ltd Daily Relative Strength Index (RSI) ChartGRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The current phase is Correction in bull 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 GRG Banking Equipment Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
GRG Banking Equipment Co Ltd Daily Stochastic Oscillator ChartGRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The current cci is -74.48107448.

GRG Banking Equipment Co Ltd Daily Commodity Channel Index (CCI) ChartGRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The current cmo is -3.80089004.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
GRG Banking Equipment Co Ltd Daily Chande Momentum Oscillator (CMO) ChartGRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The current willr is -75.

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 GRG Banking Equipment Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
GRG Banking Equipment Co Ltd Daily Williams %R ChartGRG Banking Equipment 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 GRG Banking Equipment Co Ltd.

GRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The current atr is 0.34484232.

GRG Banking Equipment Co Ltd Daily Average True Range (ATR) ChartGRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The current obv is 681,165,505.

GRG Banking Equipment Co Ltd Daily On-Balance Volume (OBV) ChartGRG Banking Equipment 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 GRG Banking Equipment Co Ltd. The current mfi is 51.57.

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
GRG Banking Equipment Co Ltd Daily Money Flow Index (MFI) ChartGRG Banking Equipment Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

GRG Banking Equipment Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of GRG Banking Equipment Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.726
Ma 20Greater thanMa 5012.184
Ma 50Greater thanMa 10011.055
Ma 100Greater thanMa 20011.624
OpenGreater thanClose11.760
Total2/5 (40.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of GRG Banking Equipment Co Ltd with someone you think should read this too:
  • Are you bullish or bearish on GRG Banking Equipment Co Ltd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about GRG Banking Equipment Co Ltd? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about GRG Banking Equipment Co Ltd

I send you an email if I find something interesting about GRG Banking Equipment Co Ltd.


Comments

How you think about this?

Leave a comment

Stay informed about GRG Banking Equipment Co Ltd.

Receive notifications about GRG Banking Equipment Co Ltd in your mailbox!