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Jiangsu Changbao Steeltube Co Ltd
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PenkeI guess you are interested in Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd (30 sec.)










What can you expect buying and holding a share of Jiangsu Changbao Steeltube 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?
92.5%

What is your share worth?

Current worth
¥5.81
Expected worth in 1 year
¥6.48
How sure are you?
87.5%

+ What do you gain per year?

Total Gains per Share
¥0.87
Return On Investment
13.7%

For what price can you sell your share?

Current Price per Share
¥6.32
Expected price per share
¥5.96 - ¥6.7
How sure are you?
50%

1. Valuation of Jiangsu Changbao Steeltube Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥6.32

Intrinsic Value Per Share

¥-13.10 - ¥-15.86

Total Value Per Share

¥-7.29 - ¥-10.06

2. Growth of Jiangsu Changbao Steeltube Co Ltd (5 min.)




Is Jiangsu Changbao Steeltube Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$724.3m$621.8m$66.7m9.7%

How much money is Jiangsu Changbao Steeltube Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$25.8m$13.1m$12.6m48.9%
Net Profit Margin11.0%6.1%--

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

3. Financial Health of Jiangsu Changbao Steeltube Co Ltd (5 min.)




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




  Industry Rankings (Steel)  


Richest
#105 / 330

Most Revenue
#150 / 330

Most Profit
#87 / 330

What can you expect buying and holding a share of Jiangsu Changbao Steeltube Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Jiangsu Changbao Steeltube Co Ltd?

First you should know what it really means to hold a share of Jiangsu Changbao Steeltube Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Jiangsu Changbao Steeltube Co Ltd is ¥6.32. 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 Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube 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 ¥5.81. Based on the TTM, the Book Value Change Per Share is ¥0.17 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.10 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 Jiangsu Changbao Steeltube 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 Eps0.030.4%0.030.5%0.010.2%0.020.3%0.010.2%
Usd Book Value Change Per Share0.030.5%0.020.4%0.010.2%0.010.1%0.010.1%
Usd Dividend Per Share0.000.0%0.010.1%0.000.1%0.000.1%0.010.2%
Usd Total Gains Per Share0.030.5%0.030.5%0.020.3%0.010.2%0.020.3%
Usd Price Per Share0.92-0.88-0.65-0.72-1.08-
Price to Earnings Ratio8.72-7.04-17.30-31.12-45.25-
Price-to-Total Gains Ratio27.22-31.08-52.20-42.53-91.17-
Price to Book Ratio1.14-1.15-0.94-1.03-2.01-
Price-to-Total Gains Ratio27.22-31.08-52.20-42.53-91.17-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.874688
Number of shares1143
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.00
Usd Book Value Change Per Share0.020.01
Usd Total Gains Per Share0.030.01
Gains per Quarter (1143 shares)34.2115.97
Gains per Year (1143 shares)136.8463.86
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
130107127224254
2602142644483118
39032140167125182
412042753889167246
5150534675111208310
6180641812133250374
7210748949155292438
82408551086177334502
92709621223200375566
1030010691360222417630

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%11.01.00.091.7%19.01.00.095.0%39.01.00.097.5%52.01.00.098.1%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%15.05.00.075.0%29.011.00.072.5%40.013.00.075.5%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%37.00.03.092.5%48.00.05.090.6%
Total Gains per Share4.00.00.0100.0%9.03.00.075.0%16.04.00.080.0%35.05.00.087.5%48.05.00.090.6%

Fundamentals of Jiangsu Changbao Steeltube Co Ltd

About Jiangsu Changbao Steeltube Co Ltd

Jiangsu Changbao Steeltube Co.,Ltd manufactures and sells steel tubes in the People's Republic of China and internationally. The company offers OCTG products for petroleum industry, including connection tubing and casings, coupling stocks, perforation gun carrier pipes, petroleum tool pipes, drill and green pipes, and slotted pipes; boiler tubes for power generation, such as boiler tubes, water heater, boilers, and U bended tubes; steel tubes for auto industry comprising automobile precision tubes, piping for hydraulic cylinders, and axel tubes; petrochemical tubes, steel tubes for low temperature resistance, and high pressure fertilizer tubes; and steel tubes for engineering machinery industry, such as mechanical steel pipes, boom pipes, and piping for hydraulic cylinders. It also provides line pipes, geological drilling pipes, core barrels, rope corning drill pipe materials, gas cylinder pipes, and accumulator tubes, as well as steel pipes for marine engineering, structural purpose, and fluid transmission. The company was founded in 1958 and is based in Changzhou, China.

Fundamental data was last updated by Penke on 2024-03-24 02:49:07.

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 cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Jiangsu Changbao Steeltube Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Jiangsu Changbao Steeltube Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Jiangsu Changbao Steeltube Co Ltd to the Steel industry mean.
  • A Net Profit Margin of 10.3% means that ¥0.10 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Jiangsu Changbao Steeltube Co Ltd:

  • The MRQ is 10.3%. The company is making a huge profit. +2
  • The TTM is 11.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.3%TTM11.0%-0.6%
TTM11.0%YOY6.1%+4.9%
TTM11.0%5Y7.1%+3.8%
5Y7.1%10Y6.6%+0.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ10.3%2.6%+7.7%
TTM11.0%2.9%+8.1%
YOY6.1%4.8%+1.3%
5Y7.1%3.5%+3.6%
10Y6.6%2.9%+3.7%
1.1.2. Return on Assets

Shows how efficient Jiangsu Changbao Steeltube Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Jiangsu Changbao Steeltube Co Ltd to the Steel industry mean.
  • 2.2% Return on Assets means that Jiangsu Changbao Steeltube Co Ltd generated ¥0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Jiangsu Changbao Steeltube Co Ltd:

  • The MRQ is 2.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.2%TTM2.4%-0.2%
TTM2.4%YOY1.3%+1.1%
TTM2.4%5Y1.4%+1.0%
5Y1.4%10Y1.3%+0.1%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%1.1%+1.1%
TTM2.4%1.2%+1.2%
YOY1.3%1.9%-0.6%
5Y1.4%1.3%+0.1%
10Y1.3%1.0%+0.3%
1.1.3. Return on Equity

Shows how efficient Jiangsu Changbao Steeltube Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Jiangsu Changbao Steeltube Co Ltd to the Steel industry mean.
  • 3.4% Return on Equity means Jiangsu Changbao Steeltube Co Ltd generated ¥0.03 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Jiangsu Changbao Steeltube Co Ltd:

  • The MRQ is 3.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.4%TTM3.9%-0.5%
TTM3.9%YOY2.2%+1.7%
TTM3.9%5Y2.3%+1.6%
5Y2.3%10Y2.0%+0.3%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4%2.0%+1.4%
TTM3.9%2.2%+1.7%
YOY2.2%3.8%-1.6%
5Y2.3%2.4%-0.1%
10Y2.0%1.8%+0.2%

1.2. Operating Efficiency of Jiangsu Changbao Steeltube Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Jiangsu Changbao Steeltube Co Ltd is operating .

  • Measures how much profit Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd to the Steel industry mean.
  • An Operating Margin of 13.7% means the company generated ¥0.14  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Jiangsu Changbao Steeltube Co Ltd:

  • The MRQ is 13.7%. The company is operating less efficient.
  • The TTM is 9.1%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ13.7%TTM9.1%+4.6%
TTM9.1%YOY5.1%+4.1%
TTM9.1%5Y8.2%+0.9%
5Y8.2%10Y4.7%+3.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ13.7%5.9%+7.8%
TTM9.1%3.4%+5.7%
YOY5.1%6.1%-1.0%
5Y8.2%5.6%+2.6%
10Y4.7%4.1%+0.6%
1.2.2. Operating Ratio

Measures how efficient Jiangsu Changbao Steeltube Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 1.67 means that the operating costs are ¥1.67 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Jiangsu Changbao Steeltube Co Ltd:

  • The MRQ is 1.665. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.687. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.665TTM1.687-0.021
TTM1.687YOY1.817-0.130
TTM1.6875Y1.734-0.048
5Y1.73410Y1.309+0.425
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6651.706-0.041
TTM1.6871.629+0.058
YOY1.8171.488+0.329
5Y1.7341.527+0.207
10Y1.3091.306+0.003

1.3. Liquidity of Jiangsu Changbao Steeltube Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Jiangsu Changbao Steeltube Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 2.12 means the company has ¥2.12 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Jiangsu Changbao Steeltube Co Ltd:

  • The MRQ is 2.116. The company is able to pay all its short-term debts. +1
  • The TTM is 1.977. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.116TTM1.977+0.139
TTM1.977YOY1.836+0.141
TTM1.9775Y1.886+0.091
5Y1.88610Y1.030+0.856
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1161.669+0.447
TTM1.9771.736+0.241
YOY1.8361.669+0.167
5Y1.8861.615+0.271
10Y1.0301.436-0.406
1.3.2. Quick Ratio

Measures if Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd to the Steel industry mean.
  • A Quick Ratio of 0.65 means the company can pay off ¥0.65 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Jiangsu Changbao Steeltube Co Ltd:

  • The MRQ is 0.648. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.538. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.648TTM0.538+0.110
TTM0.538YOY0.740-0.202
TTM0.5385Y0.551-0.012
5Y0.55110Y0.718-0.167
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6480.612+0.036
TTM0.5380.647-0.109
YOY0.7400.717+0.023
5Y0.5510.693-0.142
10Y0.7180.633+0.085

1.4. Solvency of Jiangsu Changbao Steeltube Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Jiangsu Changbao Steeltube Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Jiangsu Changbao Steeltube Co Ltd to Steel industry mean.
  • A Debt to Asset Ratio of 0.33 means that Jiangsu Changbao Steeltube Co Ltd assets are financed with 33.1% credit (debt) and the remaining percentage (100% - 33.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Jiangsu Changbao Steeltube Co Ltd:

  • The MRQ is 0.331. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.354. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.331TTM0.354-0.023
TTM0.354YOY0.387-0.033
TTM0.3545Y0.334+0.019
5Y0.33410Y0.288+0.047
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3310.447-0.116
TTM0.3540.449-0.095
YOY0.3870.477-0.090
5Y0.3340.487-0.153
10Y0.2880.510-0.222
1.4.2. Debt to Equity Ratio

Measures if Jiangsu Changbao Steeltube Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Jiangsu Changbao Steeltube Co Ltd to the Steel industry mean.
  • A Debt to Equity ratio of 51.2% means that company has ¥0.51 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Jiangsu Changbao Steeltube Co Ltd:

  • The MRQ is 0.512. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.567. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.512TTM0.567-0.055
TTM0.567YOY0.654-0.087
TTM0.5675Y0.537+0.031
5Y0.53710Y0.442+0.095
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5120.812-0.300
TTM0.5670.848-0.281
YOY0.6540.938-0.284
5Y0.5370.997-0.460
10Y0.4421.192-0.750

2. Market Valuation of Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd generates.

  • Above 15 is considered overpriced but always compare Jiangsu Changbao Steeltube Co Ltd to the Steel industry mean.
  • A PE ratio of 8.72 means the investor is paying ¥8.72 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Jiangsu Changbao Steeltube Co Ltd:

  • The EOD is 8.313. Based on the earnings, the company is underpriced. +1
  • The MRQ is 8.720. Based on the earnings, the company is underpriced. +1
  • The TTM is 7.045. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.313MRQ8.720-0.408
MRQ8.720TTM7.045+1.675
TTM7.045YOY17.301-10.256
TTM7.0455Y31.116-24.071
5Y31.11610Y45.245-14.129
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD8.3138.509-0.196
MRQ8.7207.916+0.804
TTM7.0457.165-0.120
YOY17.3016.986+10.315
5Y31.1168.371+22.745
10Y45.24511.042+34.203
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Jiangsu Changbao Steeltube Co Ltd:

  • The EOD is -5.487. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -5.756. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 2.879. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-5.487MRQ-5.756+0.269
MRQ-5.756TTM2.879-8.636
TTM2.879YOY-129.308+132.188
TTM2.8795Y-3.347+6.226
5Y-3.34710Y7.186-10.532
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD-5.4873.022-8.509
MRQ-5.7562.944-8.700
TTM2.8792.158+0.721
YOY-129.3081.434-130.742
5Y-3.3470.944-4.291
10Y7.1861.561+5.625
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Jiangsu Changbao Steeltube Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 1.14 means the investor is paying ¥1.14 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Jiangsu Changbao Steeltube Co Ltd:

  • The EOD is 1.088. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.142. Based on the equity, the company is underpriced. +1
  • The TTM is 1.146. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.088MRQ1.142-0.053
MRQ1.142TTM1.146-0.005
TTM1.146YOY0.944+0.203
TTM1.1465Y1.033+0.114
5Y1.03310Y2.006-0.973
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD1.0881.005+0.083
MRQ1.1420.953+0.189
TTM1.1460.958+0.188
YOY0.9441.077-0.133
5Y1.0331.064-0.031
10Y2.0061.127+0.879
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Jiangsu Changbao Steeltube 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--0.2430.169+44%0.098+147%0.066+268%0.067+261%
Book Value Per Share--5.8065.520+5%4.957+17%5.052+15%4.316+35%
Current Ratio--2.1161.977+7%1.836+15%1.886+12%1.030+105%
Debt To Asset Ratio--0.3310.354-6%0.387-14%0.334-1%0.288+15%
Debt To Equity Ratio--0.5120.567-10%0.654-22%0.537-4%0.442+16%
Dividend Per Share--0.0010.047-98%0.026-96%0.035-97%0.079-99%
Eps--0.1900.227-16%0.106+80%0.116+64%0.088+115%
Free Cash Flow Per Share---0.2880.142-303%0.031-1016%0.063-556%0.132-318%
Free Cash Flow To Equity Per Share---0.2600.107-343%-0.006-98%0.030-969%0.108-342%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---15.864--------
Intrinsic Value_10Y_min---13.095--------
Intrinsic Value_1Y_max---0.064--------
Intrinsic Value_1Y_min---0.062--------
Intrinsic Value_3Y_max---1.354--------
Intrinsic Value_3Y_min---1.269--------
Intrinsic Value_5Y_max---4.047--------
Intrinsic Value_5Y_min---3.656--------
Market Cap5696582661.120-5%5976323291.6405712436337.790+5%4245586435.910+41%4884601190.611+22%7116873941.352-16%
Net Profit Margin--0.1030.110-6%0.061+70%0.071+45%0.066+57%
Operating Margin--0.1370.091+50%0.051+170%0.082+67%0.047+191%
Operating Ratio--1.6651.687-1%1.817-8%1.734-4%1.309+27%
Pb Ratio1.088-5%1.1421.1460%0.944+21%1.033+11%2.006-43%
Pe Ratio8.313-5%8.7207.045+24%17.301-50%31.116-72%45.245-81%
Price Per Share6.320-5%6.6306.338+5%4.685+42%5.236+27%7.786-15%
Price To Free Cash Flow Ratio-5.487+5%-5.7562.879-300%-129.308+2146%-3.347-42%7.186-180%
Price To Total Gains Ratio25.943-5%27.21631.076-12%52.202-48%42.528-36%91.175-70%
Quick Ratio--0.6480.538+20%0.740-12%0.551+18%0.718-10%
Return On Assets--0.0220.024-9%0.013+72%0.014+53%0.013+64%
Return On Equity--0.0340.039-12%0.022+56%0.023+48%0.020+66%
Total Gains Per Share--0.2440.216+13%0.124+96%0.101+141%0.146+67%
Usd Book Value--724360758.458688665786.440+5%621890723.474+16%652313332.803+11%551321416.633+31%
Usd Book Value Change Per Share--0.0340.023+44%0.014+147%0.009+268%0.009+261%
Usd Book Value Per Share--0.8040.764+5%0.686+17%0.699+15%0.597+35%
Usd Dividend Per Share--0.0000.007-98%0.004-96%0.005-97%0.011-99%
Usd Eps--0.0260.031-16%0.015+80%0.016+64%0.012+115%
Usd Free Cash Flow---35921551.88017673807.280-303%3698147.158-1071%8114271.048-543%14601074.144-346%
Usd Free Cash Flow Per Share---0.0400.020-303%0.004-1016%0.009-556%0.018-318%
Usd Free Cash Flow To Equity Per Share---0.0360.015-343%-0.001-98%0.004-969%0.015-342%
Usd Market Cap788407040.299-5%827123143.563790601189.150+5%587589162.730+41%676028804.781+22%984975353.483-16%
Usd Price Per Share0.875-5%0.9180.877+5%0.648+42%0.725+27%1.078-15%
Usd Profit--23712501.49925824989.521-8%13194563.772+80%14293749.433+66%11016389.054+115%
Usd Revenue--229186208.240236990274.311-3%199936662.592+15%181071995.206+27%151026008.331+52%
Usd Total Gains Per Share--0.0340.030+13%0.017+96%0.014+141%0.020+67%
 EOD+3 -5MRQTTM+18 -17YOY+23 -125Y+25 -1010Y+20 -15

3.2. Fundamental Score

Let's check the fundamental score of Jiangsu Changbao Steeltube Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.313
Price to Book Ratio (EOD)Between0-11.088
Net Profit Margin (MRQ)Greater than00.103
Operating Margin (MRQ)Greater than00.137
Quick Ratio (MRQ)Greater than10.648
Current Ratio (MRQ)Greater than12.116
Debt to Asset Ratio (MRQ)Less than10.331
Debt to Equity Ratio (MRQ)Less than10.512
Return on Equity (MRQ)Greater than0.150.034
Return on Assets (MRQ)Greater than0.050.022
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Jiangsu Changbao Steeltube Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.790
Ma 20Greater thanMa 506.067
Ma 50Greater thanMa 1005.642
Ma 100Greater thanMa 2005.669
OpenGreater thanClose6.400
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets7,826,177
Total Liabilities2,592,357
Total Stockholder Equity5,058,405
 As reported
Total Liabilities 2,592,357
Total Stockholder Equity+ 5,058,405
Total Assets = 7,826,177

Assets

Total Assets7,826,177
Total Current Assets5,374,525
Long-term Assets2,451,652
Total Current Assets
Cash And Cash Equivalents 2,184,631
Short-term Investments 240
Net Receivables 1,646,787
Inventory 1,431,793
Other Current Assets 111,073
Total Current Assets  (as reported)5,374,525
Total Current Assets  (calculated)5,374,525
+/- 0
Long-term Assets
Property Plant Equipment 2,073,307
Goodwill 9,597
Intangible Assets 161,795
Other Assets 113,084
Long-term Assets  (as reported)2,451,652
Long-term Assets  (calculated)2,357,783
+/- 93,869

Liabilities & Shareholders' Equity

Total Current Liabilities2,540,526
Long-term Liabilities51,830
Total Stockholder Equity5,058,405
Total Current Liabilities
Short Long Term Debt 150,000
Accounts payable 1,731,577
Other Current Liabilities 625,428
Total Current Liabilities  (as reported)2,540,526
Total Current Liabilities  (calculated)2,507,005
+/- 33,521
Long-term Liabilities
Other Liabilities 51,830
Long-term Liabilities  (as reported)51,830
Long-term Liabilities  (calculated)51,830
+/- 0
Total Stockholder Equity
Common Stock901,406
Retained Earnings 3,013,589
Other Stockholders Equity 42,304
Total Stockholder Equity (as reported)5,058,405
Total Stockholder Equity (calculated)3,957,300
+/- 1,101,106
Other
Capital Stock901,406
Common Stock Shares Outstanding 901,406
Net Invested Capital 5,208,405
Net Tangible Assets 4,887,013
Net Working Capital 2,833,999
Property Plant and Equipment Gross 2,073,307



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302009-12-312008-12-312007-12-31
> Total Assets 
1,260,239
2,746,397
2,258,298
2,432,108
3,623,292
3,587,074
3,122,015
3,089,134
3,123,347
3,003,048
3,145,887
3,294,707
3,235,725
3,299,883
3,580,127
3,486,940
3,712,191
3,698,105
3,901,903
3,767,941
3,921,926
3,980,315
3,923,722
3,831,428
3,879,072
3,948,368
3,912,144
3,753,867
3,749,519
3,932,548
4,147,974
3,919,555
4,026,016
5,679,357
5,792,254
6,309,237
6,652,897
6,422,604
6,510,819
6,849,243
6,976,069
6,844,041
6,791,293
7,003,505
7,101,601
6,887,805
7,203,612
6,654,849
6,557,626
6,970,683
7,116,844
7,471,304
7,772,166
7,335,394
7,776,256
7,864,049
7,826,177
7,826,1777,864,0497,776,2567,335,3947,772,1667,471,3047,116,8446,970,6836,557,6266,654,8497,203,6126,887,8057,101,6017,003,5056,791,2936,844,0416,976,0696,849,2436,510,8196,422,6046,652,8976,309,2375,792,2545,679,3574,026,0163,919,5554,147,9743,932,5483,749,5193,753,8673,912,1443,948,3683,879,0723,831,4283,923,7223,980,3153,921,9263,767,9413,901,9033,698,1053,712,1913,486,9403,580,1273,299,8833,235,7253,294,7073,145,8873,003,0483,123,3473,089,1343,122,0153,587,0743,623,2922,432,1082,258,2982,746,3971,260,239
   > 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
3,502,400
3,844,491
3,549,597
3,590,253
3,797,496
3,852,570
3,602,959
3,488,675
3,586,283
3,534,759
3,397,105
3,593,870
4,254,610
4,116,447
4,428,284
4,590,189
5,008,721
5,350,589
4,917,319
5,343,407
5,470,783
5,374,525
5,374,5255,470,7835,343,4074,917,3195,350,5895,008,7214,590,1894,428,2844,116,4474,254,6103,593,8703,397,1053,534,7593,586,2833,488,6753,602,9593,852,5703,797,4963,590,2533,549,5973,844,4913,502,40000000000000000000000000000000000000
       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
1,401,122
1,407,494
1,431,291
1,215,502
1,407,338
1,491,685
1,622,086
1,363,806
1,596,891
1,672,223
1,665,624
1,654,930
1,524,378
1,481,137
1,078,711
1,336,142
1,199,900
1,298,704
1,443,657
1,985,837
2,105,940
2,184,631
2,184,6312,105,9401,985,8371,443,6571,298,7041,199,9001,336,1421,078,7111,481,1371,524,3781,654,9301,665,6241,672,2231,596,8911,363,8061,622,0861,491,6851,407,3381,215,5021,431,2911,407,4941,401,12200000000000000000000000000000000000
       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
10,000
0
10,000
0
10,000
0
0
0
0
0
0
0
0
1,793
221,102
99,769
177,570
538,228
247,877
72,981
231,367
240
240231,36772,981247,877538,228177,57099,769221,1021,7930000000010,000010,000010,00000000000000000000000000000000000000
       Net Receivables 
142,853
406,993
422,325
508,634
576,448
475,738
446,541
433,701
542,540
485,601
610,616
594,907
600,727
520,183
602,113
745,870
867,668
816,185
846,170
743,872
709,346
874,050
689,942
1,009,391
656,220
968,174
706,365
911,933
654,608
815,268
695,778
1,027,601
917,390
884,018
857,457
1,141,869
1,369,478
1,115,603
816,222
832,875
861,871
918,154
964,817
913,859
921,911
751,097
791,490
1,402,872
1,311,389
1,566,179
1,459,355
1,917,264
1,892,047
446,424
1,714,360
1,430,869
1,646,787
1,646,7871,430,8691,714,360446,4241,892,0471,917,2641,459,3551,566,1791,311,3891,402,872791,490751,097921,911913,859964,817918,154861,871832,875816,2221,115,6031,369,4781,141,869857,457884,018917,3901,027,601695,778815,268654,608911,933706,365968,174656,2201,009,391689,942874,050709,346743,872846,170816,185867,668745,870602,113520,183600,727594,907610,616485,601542,540433,701446,541475,738576,448508,634422,325406,993142,853
       Other Current Assets 
48,378
139,070
126,458
122,392
172,223
138,715
197,474
117,148
164,862
64,607
166,204
106,372
80,540
178,397
192,018
175,595
203,404
215,541
185,410
162,994
364,790
138,191
417,728
160,669
517,747
101,374
703,259
90,785
467,428
129,009
420,848
149,408
357,711
192,814
321,596
176,492
231,302
99,731
181,830
189,734
49,521
90,098
120,310
86,641
49,998
92,891
121,475
123,570
137,507
155,714
129,795
124,640
104,827
86,368
193,280
129,200
111,073
111,073129,200193,28086,368104,827124,640129,795155,714137,507123,570121,47592,89149,99886,641120,31090,09849,521189,734181,83099,731231,302176,492321,596192,814357,711149,408420,848129,009467,42890,785703,259101,374517,747160,669417,728138,191364,790162,994185,410215,541203,404175,595192,018178,39780,540106,372166,20464,607164,862117,148197,474138,715172,223122,392126,458139,07048,378
   > 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
2,920,566
3,051,747
3,123,499
3,241,083
3,302,618
3,417,223
3,566,842
3,490,700
3,609,742
2,400,239
2,441,179
2,542,398
2,526,655
2,462,584
2,421,577
2,418,075
2,432,850
2,393,267
2,451,652
2,451,6522,393,2672,432,8502,418,0752,421,5772,462,5842,526,6552,542,3982,441,1792,400,2393,609,7423,490,7003,566,8423,417,2233,302,6183,241,0833,123,4993,051,7472,920,56600000000000000000000000000000000000000
       Property Plant Equipment 
288,940
588,492
658,560
841,766
689,639
852,669
686,543
867,405
685,671
921,318
779,211
1,058,311
934,020
1,306,644
1,170,201
1,261,675
1,179,672
1,398,963
1,287,021
1,286,263
1,278,545
1,289,104
1,257,689
1,201,208
1,164,390
1,139,993
1,118,150
1,098,471
1,075,500
1,050,234
1,032,721
1,020,941
993,197
1,953,521
1,998,880
1,989,191
2,003,694
2,014,468
2,024,161
2,077,380
2,114,126
2,245,463
2,233,796
2,277,134
2,601,460
2,720,730
2,806,890
1,911,123
1,948,001
2,079,755
2,123,137
2,121,084
2,081,415
2,057,035
2,063,910
2,019,615
2,073,307
2,073,3072,019,6152,063,9102,057,0352,081,4152,121,0842,123,1372,079,7551,948,0011,911,1232,806,8902,720,7302,601,4602,277,1342,233,7962,245,4632,114,1262,077,3802,024,1612,014,4682,003,6941,989,1911,998,8801,953,521993,1971,020,9411,032,7211,050,2341,075,5001,098,4711,118,1501,139,9931,164,3901,201,2081,257,6891,289,1041,278,5451,286,2631,287,0211,398,9631,179,6721,261,6751,170,2011,306,644934,0201,058,311779,211921,318685,671867,405686,543852,669689,639841,766658,560588,492288,940
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,597
9,597
9,597
9,597
9,597
9,597
9,597
9,597
9,597
9,597
9,597
9,597
9,597
9,597
9,597
413,050
500,895
490,361
490,361
472,820
472,820
472,820
472,820
462,839
413,050
413,050
413,050
207,782
207,782
9,597
9,597
9,597
9,597
9,597
9,597
9,597
9,597
9,597
9,597
9,5979,5979,5979,5979,5979,5979,5979,5979,5979,597207,782207,782413,050413,050413,050462,839472,820472,820472,820472,820490,361490,361500,895413,0509,5979,5979,5979,5979,5979,5979,5979,5979,5979,5979,5979,5979,5979,5979,597000000000000000000
       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
9,878
9,941
9,469
10,948
11,280
10,518
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000010,51811,28010,9489,4699,9419,87800000000000000000000000000000000000
       Intangible Assets 
61,202
101,696
182,202
20
175,212
15
177,047
10
207,631
872
201,388
471
203,339
2,841
202,412
2,093
159,496
1,439
157,080
158,853
157,889
156,670
155,754
154,333
153,416
152,498
151,546
150,595
149,666
148,655
147,735
146,815
145,895
618,656
711,663
241,242
239,237
241,142
239,036
12,472
274,483
281,427
246,826
245,612
243,156
241,785
239,686
173,808
172,328
170,352
168,944
167,683
166,422
164,576
163,795
162,442
161,795
161,795162,442163,795164,576166,422167,683168,944170,352172,328173,808239,686241,785243,156245,612246,826281,427274,48312,472239,036241,142239,237241,242711,663618,656145,895146,815147,735148,655149,666150,595151,546152,498153,416154,333155,754156,670157,889158,853157,0801,439159,4962,093202,4122,841203,339471201,388872207,63110177,04715175,21220182,202101,69661,202
       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
126,624
168,830
210,368
200,240
299,702
373,780
2,802,588
2,911,417
221,070
156,418
165,213
131,918
78,381
18,602
4,525
53,099
56,011
59,583
60,221
60,22159,58356,01153,0994,52518,60278,381131,918165,213156,418221,0702,911,4172,802,588373,780299,702200,240210,368168,830126,62400000000000000000000000000000000000000
> Total Liabilities 
763,401
1,878,371
1,189,795
1,315,007
1,337,019
1,235,470
721,102
678,746
626,300
417,002
514,355
673,180
582,441
609,473
838,609
771,689
902,357
822,848
966,578
860,842
926,555
916,035
809,046
761,418
828,886
848,294
780,201
667,215
625,514
780,313
969,490
1,098,145
1,179,250
1,718,437
1,691,355
2,058,043
2,343,164
1,975,094
1,913,979
2,054,630
2,101,495
1,863,729
1,954,583
2,089,094
2,260,217
2,204,369
2,517,614
2,280,865
2,199,823
2,584,285
2,661,589
2,963,834
3,147,569
2,596,365
2,860,349
2,849,172
2,592,357
2,592,3572,849,1722,860,3492,596,3653,147,5692,963,8342,661,5892,584,2852,199,8232,280,8652,517,6142,204,3692,260,2172,089,0941,954,5831,863,7292,101,4952,054,6301,913,9791,975,0942,343,1642,058,0431,691,3551,718,4371,179,2501,098,145969,490780,313625,514667,215780,201848,294828,886761,418809,046916,035926,555860,842966,578822,848902,357771,689838,609609,473582,441673,180514,355417,002626,300678,746721,1021,235,4701,337,0191,315,0071,189,7951,878,371763,401
   > Total Current Liabilities 
758,765
1,795,062
1,167,434
1,252,678
1,334,690
1,194,125
719,754
677,437
624,995
415,686
513,034
671,858
581,151
590,396
819,549
752,735
883,784
803,858
947,596
841,853
907,549
915,870
808,868
761,181
828,701
847,875
779,794
666,809
623,188
778,415
967,494
1,096,278
1,177,581
1,638,113
1,615,620
1,971,514
2,262,222
1,919,884
1,866,076
2,008,872
2,040,052
1,772,550
1,879,272
1,961,970
2,083,236
1,954,757
2,266,989
2,037,965
1,962,481
2,369,379
2,450,955
2,786,559
2,966,502
2,545,632
2,806,624
2,796,318
2,540,526
2,540,5262,796,3182,806,6242,545,6322,966,5022,786,5592,450,9552,369,3791,962,4812,037,9652,266,9891,954,7572,083,2361,961,9701,879,2721,772,5502,040,0522,008,8721,866,0761,919,8842,262,2221,971,5141,615,6201,638,1131,177,5811,096,278967,494778,415623,188666,809779,794847,875828,701761,181808,868915,870907,549841,853947,596803,858883,784752,735819,549590,396581,151671,858513,034415,686624,995677,437719,7541,194,1251,334,6901,252,6781,167,4341,795,062758,765
       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
2,000
29,124
25,000
90,000
108,000
108,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000108,000108,00090,00025,00029,1242,00000000000000000000000000000000000000
       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
2,000
29,124
25,000
90,000
108,000
108,000
138,000
110,000
40,000
170,000
80,000
130,000
130,000
100,000
130,044
130,600
170,600
150,600
135,683
200,000
200,000
150,000
150,000200,000200,000135,683150,600170,600130,600130,044100,000130,000130,00080,000170,00040,000110,000138,000108,000108,00090,00025,00029,1242,00000000000000000000000000000000000000
       Accounts payable 
469,806
1,282,698
798,343
843,578
1,031,483
933,621
625,163
506,949
477,010
317,668
350,341
519,635
461,860
530,036
689,715
680,874
774,797
709,455
840,821
715,821
771,454
816,549
709,207
678,322
735,756
735,484
695,936
558,152
543,429
687,045
868,375
982,197
1,048,991
1,163,273
1,147,567
1,428,212
1,722,663
1,446,259
1,400,103
1,479,893
1,518,009
1,294,670
1,454,579
1,593,448
1,610,937
1,420,912
1,626,691
1,776,812
1,697,903
1,823,384
1,891,671
2,150,769
2,078,498
1,688,318
1,870,299
2,020,956
1,731,577
1,731,5772,020,9561,870,2991,688,3182,078,4982,150,7691,891,6711,823,3841,697,9031,776,8121,626,6911,420,9121,610,9371,593,4481,454,5791,294,6701,518,0091,479,8931,400,1031,446,2591,722,6631,428,2121,147,5671,163,2731,048,991982,197868,375687,045543,429558,152695,936735,484735,756678,322709,207816,549771,454715,821840,821709,455774,797680,874689,715530,036461,860519,635350,341317,668477,010506,949625,163933,6211,031,483843,578798,3431,282,698469,806
       Other Current Liabilities 
140,172
167,663
79,091
114,100
88,207
85,504
79,591
85,488
82,985
57,518
72,193
69,723
88,791
10,360
59,834
51,861
88,987
74,403
86,776
106,032
116,095
99,321
99,662
80,255
92,944
112,392
83,858
108,657
79,760
91,371
99,119
114,081
128,590
190,339
166,240
209,258
199,409
194,766
44,187
54,599
6,293
198,027
281,097
240,409
277,603
343,805
489,022
125,061
159,464
103,099
421,182
147,552
722,499
428,477
722,247
545,184
625,428
625,428545,184722,247428,477722,499147,552421,182103,099159,464125,061489,022343,805277,603240,409281,097198,0276,29354,59944,187194,766199,409209,258166,240190,339128,590114,08199,11991,37179,760108,65783,858112,39292,94480,25599,66299,321116,095106,03286,77674,40388,98751,86159,83410,36088,79169,72372,19357,51882,98585,48879,59185,50488,207114,10079,091167,663140,172
   > 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
47,903
45,758
61,442
91,179
75,311
127,124
176,981
249,612
250,625
242,900
237,342
214,907
210,634
177,275
181,066
50,733
53,725
52,853
51,830
51,83052,85353,72550,733181,066177,275210,634214,907237,342242,900250,625249,612176,981127,12475,31191,17961,44245,75847,90300000000000000000000000000000000000000
       Other Liabilities 
0
0
1
0
0
0
0
1
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
77
0
29,953
29,146
35,806
33,491
37,143
37,064
38,255
26,313
27,124
26,931
102,452
103,465
98,630
93,072
73,527
73,256
42,787
50,580
50,733
53,725
52,853
51,830
51,83052,85353,72550,73350,58042,78773,25673,52793,07298,630103,465102,45226,93127,12426,31338,25537,06437,14333,49135,80629,14629,953077000000000000000000001000010000100
       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
32,088
29,801
34,338
32,130
29,968
26,413
24,834
5,265
4,528
3,902
3,722
3,292
0
0
0
0
0
0
0
0
0
0
00000000003,2923,7223,9024,5285,26524,83426,41329,96832,13034,33829,80132,08800000000000000000000000000000000000
> Total Stockholder Equity
463,587
721,823
902,541
975,898
2,131,217
2,179,943
2,218,316
2,229,427
2,299,826
2,369,458
2,409,778
2,411,296
2,437,440
2,524,780
2,571,536
2,553,690
2,635,144
2,689,471
2,742,599
2,720,064
2,797,138
2,856,086
2,902,305
2,867,491
2,918,175
2,964,127
2,992,411
2,940,341
2,978,774
3,002,692
3,023,923
2,663,623
2,695,100
3,721,921
3,722,403
3,817,028
3,857,008
3,973,775
4,111,679
4,309,313
4,371,667
4,462,884
4,531,942
4,651,491
4,575,877
4,413,495
4,413,432
4,224,110
4,212,980
4,239,883
4,285,744
4,350,158
4,463,337
4,579,471
4,753,570
4,847,233
5,058,405
5,058,4054,847,2334,753,5704,579,4714,463,3374,350,1584,285,7444,239,8834,212,9804,224,1104,413,4324,413,4954,575,8774,651,4914,531,9424,462,8844,371,6674,309,3134,111,6793,973,7753,857,0083,817,0283,722,4033,721,9212,695,1002,663,6233,023,9233,002,6922,978,7742,940,3412,992,4112,964,1272,918,1752,867,4912,902,3052,856,0862,797,1382,720,0642,742,5992,689,4712,635,1442,553,6902,571,5362,524,7802,437,4402,411,2962,409,7782,369,4582,299,8262,229,4272,218,3162,179,9432,131,217975,898902,541721,823463,587
   Common Stock
228,000
330,600
330,600
330,600
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
400,100
800,200
800,200
987,394
987,394
987,394
987,394
959,993
959,993
959,993
959,993
959,993
959,993
959,993
959,993
959,993
959,993
919,831
919,831
919,831
907,054
902,556
894,348
894,348
890,238
890,046
901,406
901,406890,046890,238894,348894,348902,556907,054919,831919,831919,831959,993959,993959,993959,993959,993959,993959,993959,993959,993959,993987,394987,394987,394987,394800,200800,200400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100400,100330,600330,600330,600228,000
   Retained Earnings 
170,480
266,391
418,982
497,473
551,935
571,721
610,079
621,414
691,832
728,600
768,892
770,407
834,570
855,036
901,686
883,604
964,935
983,435
1,222,385
1,199,810
1,276,791
1,335,100
1,381,244
1,346,148
1,415,386
1,461,142
1,489,495
1,437,361
1,466,291
1,490,818
1,511,694
1,152,612
1,186,052
1,234,394
1,281,547
1,440,636
1,505,808
1,618,137
1,427,934
1,625,213
1,688,104
2,104,094
2,198,362
2,328,480
2,260,100
2,104,017
2,116,818
2,112,932
2,115,685
2,150,810
2,189,734
2,259,465
2,426,018
2,550,830
2,749,411
2,842,243
3,013,589
3,013,5892,842,2432,749,4112,550,8302,426,0182,259,4652,189,7342,150,8102,115,6852,112,9322,116,8182,104,0172,260,1002,328,4802,198,3622,104,0941,688,1041,625,2131,427,9341,618,1371,505,8081,440,6361,281,5471,234,3941,186,0521,152,6121,511,6941,490,8181,466,2911,437,3611,489,4951,461,1421,415,3861,346,1481,381,2441,335,1001,276,7911,199,8101,222,385983,435964,935883,604901,686855,036834,570770,407768,892728,600691,832621,414610,079571,721551,935497,473418,982266,391170,480
   Capital Surplus 000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000-134,281-110,368-46,5860000000000000000000000000000000000
   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
14,801
13,521
17,959
19,128
19,484
18,947
21,112
19,663
19,281
20,983
21,820
22,972
26,300
25,748
24,848
30,228
32,005
34,142
0
39,811
42,242
42,304
42,30442,24239,811034,14232,00530,22824,84825,74826,30022,97221,82020,98319,28119,66321,11218,94719,48419,12817,95913,52114,80100000000000000000000000000000000000



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 (+$)
totalRevenue6,849,430
Cost of Revenue-5,542,276
Gross Profit1,307,1541,307,154
 
Operating Income (+$)
Gross Profit1,307,154
Operating Expense-6,008,841
Operating Income840,589-4,701,687
 
Operating Expense (+$)
Research Development254,887
Selling General Administrative120,733
Selling And Marketing Expenses-
Operating Expense6,008,841375,620
 
Net Interest Income (+$)
Interest Income17,444
Interest Expense-6,058
Other Finance Cost-43,730
Net Interest Income-32,344
 
Pretax Income (+$)
Operating Income840,589
Net Interest Income-32,344
Other Non-Operating Income Expenses-
Income Before Tax (EBT)870,869840,589
EBIT - interestExpense = -6,058
746,387
752,445
Interest Expense6,058
Earnings Before Interest and Taxes (EBIT)-876,927
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax870,869
Tax Provision-110,299
Net Income From Continuing Ops760,570760,570
Net Income746,387
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-32,344
 

Technical Analysis of Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd. The general trend of Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd.

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

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

The bullish price targets are: 6.65 < 6.67 < 6.7.

The bearish price targets are: 6.23 > 6.09 > 5.96.

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

Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd. The current macd is 0.22455656.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal 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 Jiangsu Changbao Steeltube Co Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube 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
Jiangsu Changbao Steeltube Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartJiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd. The current adx is 34.33.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Jiangsu Changbao Steeltube Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd. The current sar is 6.61883176.

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
Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd. The current rsi is 59.79. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Jiangsu Changbao Steeltube Co Ltd Daily Relative Strength Index (RSI) ChartJiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd. The current phase is Continuation in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Jiangsu Changbao Steeltube Co Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Jiangsu Changbao Steeltube Co Ltd Daily Stochastic Oscillator ChartJiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd. The current cci is 68.43.

Jiangsu Changbao Steeltube Co Ltd Daily Commodity Channel Index (CCI) ChartJiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd. The current cmo is 15.90.

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
Jiangsu Changbao Steeltube Co Ltd Daily Chande Momentum Oscillator (CMO) ChartJiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd. The current willr is -37.5.

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 Jiangsu Changbao Steeltube Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Jiangsu Changbao Steeltube Co Ltd Daily Williams %R ChartJiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd.

Jiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd. The current atr is 0.23160236.

Jiangsu Changbao Steeltube Co Ltd Daily Average True Range (ATR) ChartJiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd. The current obv is -79,353,161.

Jiangsu Changbao Steeltube Co Ltd Daily On-Balance Volume (OBV) ChartJiangsu Changbao Steeltube 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 Jiangsu Changbao Steeltube Co Ltd. The current mfi is 61.83.

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
Jiangsu Changbao Steeltube Co Ltd Daily Money Flow Index (MFI) ChartJiangsu Changbao Steeltube Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Jiangsu Changbao Steeltube 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.
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
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
2023-11-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-14MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-15MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-25MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-02CMO 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).
2024-01-03DMI 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
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08DMI 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
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10SAR 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
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI 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).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
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.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-05WILLR 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).
2024-02-06RSI 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).
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2024-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12STOCH 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
2024-03-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-21ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Jiangsu Changbao Steeltube Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Jiangsu Changbao Steeltube Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.790
Ma 20Greater thanMa 506.067
Ma 50Greater thanMa 1005.642
Ma 100Greater thanMa 2005.669
OpenGreater thanClose6.400
Total3/5 (60.0%)
Penke

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