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Shanghai Challenge Textile Co Ltd
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Let's analyse Shanghai Challenge Textile Co Ltd together

PenkeI guess you are interested in Shanghai Challenge Textile 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 Shanghai Challenge Textile 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.

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Quick analysis of Shanghai Challenge Textile Co Ltd (30 sec.)










What can you expect buying and holding a share of Shanghai Challenge Textile Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.00
When do you have the money?
1 year
How often do you get paid?
95.0%

What is your share worth?

Current worth
¥1.29
Expected worth in 1 year
¥1.34
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
¥0.08
Return On Investment
3.4%

For what price can you sell your share?

Current Price per Share
¥2.36
Expected price per share
¥1.81 - ¥2.82
How sure are you?
50%

1. Valuation of Shanghai Challenge Textile Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥2.36

Intrinsic Value Per Share

¥0.73 - ¥0.86

Total Value Per Share

¥2.01 - ¥2.14

2. Growth of Shanghai Challenge Textile Co Ltd (5 min.)




Is Shanghai Challenge Textile Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$148m$136.5m$7.8m5.4%

How much money is Shanghai Challenge Textile Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$2.6m$3m-$410.7k-15.6%
Net Profit Margin6.9%5.9%--

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

3. Financial Health of Shanghai Challenge Textile Co Ltd (5 min.)




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




  Industry Rankings (Textile Manufacturing)  


Richest
#94 / 299

Most Revenue
#155 / 299

Most Profit
#98 / 299

What can you expect buying and holding a share of Shanghai Challenge Textile Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Shanghai Challenge Textile Co Ltd?

First you should know what it really means to hold a share of Shanghai Challenge Textile Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Shanghai Challenge Textile Co Ltd is ¥2.36. 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 Shanghai Challenge Textile 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 Shanghai Challenge Textile 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 ¥1.29. Based on the TTM, the Book Value Change Per Share is ¥0.01 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.02 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 ¥0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shanghai Challenge Textile 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 Eps0.000.2%0.000.2%0.000.2%0.000.1%0.000.1%
Usd Book Value Change Per Share0.010.2%0.000.1%0.000.1%0.000.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.1%
Usd Total Gains Per Share0.010.2%0.000.1%0.000.1%0.000.0%0.000.1%
Usd Price Per Share0.41-0.43-0.43-0.47-0.65-
Price to Earnings Ratio25.31-28.08-96.59-46.57-51.19-
Price-to-Total Gains Ratio71.28-5.25--80.55--222.79-1,077.12-
Price to Book Ratio2.29-2.51-2.63-2.90-4.08-
Price-to-Total Gains Ratio71.28-5.25--80.55--222.79-1,077.12-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.326624
Number of shares3061
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (3061 shares)8.523.54
Gains per Year (3061 shares)34.1014.15
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11123243114
223465862218
3346892103332
44591126134446
557114160165560
668137194196674
779160228227788
8901822622588102
91022052962999116
1011322833032110130

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%9.03.00.075.0%14.06.00.070.0%22.06.012.055.0%35.06.012.066.0%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%11.08.01.055.0%19.020.01.047.5%29.023.01.054.7%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.01.095.0%38.00.02.095.0%49.00.04.092.5%
Total Gains per Share3.01.00.075.0%8.04.00.066.7%12.07.01.060.0%28.011.01.070.0%40.012.01.075.5%

Fundamentals of Shanghai Challenge Textile Co Ltd

About Shanghai Challenge Textile Co Ltd

Shanghai Challenge Textile Co.,Ltd. provides fabrics for men and women. It offers functional sports, wool, and fleece fabrics; ready-to-wear clothes; and medical protective equipment. The company was founded in 2001 and is headquartered in Shanghai, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-24 02:55:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very 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 Shanghai Challenge Textile Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Shanghai Challenge Textile Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Shanghai Challenge Textile Co Ltd to the Textile Manufacturing industry mean.
  • A Net Profit Margin of 10.1% 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 Shanghai Challenge Textile Co Ltd:

  • The MRQ is 10.1%. The company is making a huge profit. +2
  • The TTM is 6.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ10.1%TTM6.9%+3.2%
TTM6.9%YOY5.9%+1.0%
TTM6.9%5Y2.1%+4.7%
5Y2.1%10Y3.8%-1.7%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ10.1%2.2%+7.9%
TTM6.9%1.8%+5.1%
YOY5.9%3.7%+2.2%
5Y2.1%2.1%+0.0%
10Y3.8%2.5%+1.3%
1.1.2. Return on Assets

Shows how efficient Shanghai Challenge Textile Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Shanghai Challenge Textile Co Ltd to the Textile Manufacturing industry mean.
  • 1.9% Return on Assets means that Shanghai Challenge Textile Co Ltd generated ¥0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shanghai Challenge Textile Co Ltd:

  • The MRQ is 1.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.9%TTM1.5%+0.4%
TTM1.5%YOY1.7%-0.2%
TTM1.5%5Y0.6%+0.9%
5Y0.6%10Y0.7%-0.1%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9%0.6%+1.3%
TTM1.5%0.5%+1.0%
YOY1.7%1.1%+0.6%
5Y0.6%0.9%-0.3%
10Y0.7%0.9%-0.2%
1.1.3. Return on Equity

Shows how efficient Shanghai Challenge Textile Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Shanghai Challenge Textile Co Ltd to the Textile Manufacturing industry mean.
  • 2.3% Return on Equity means Shanghai Challenge Textile Co Ltd generated ¥0.02 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shanghai Challenge Textile Co Ltd:

  • The MRQ is 2.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.3%TTM1.8%+0.5%
TTM1.8%YOY2.2%-0.4%
TTM1.8%5Y0.8%+1.0%
5Y0.8%10Y1.0%-0.2%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%1.2%+1.1%
TTM1.8%1.2%+0.6%
YOY2.2%2.5%-0.3%
5Y0.8%1.8%-1.0%
10Y1.0%1.8%-0.8%

1.2. Operating Efficiency of Shanghai Challenge Textile Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shanghai Challenge Textile Co Ltd is operating .

  • Measures how much profit Shanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd to the Textile Manufacturing industry mean.
  • An Operating Margin of 9.2% means the company generated ¥0.09  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Shanghai Challenge Textile Co Ltd:

  • The MRQ is 9.2%. The company is operating less efficient.
  • The TTM is 5.8%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.2%TTM5.8%+3.5%
TTM5.8%YOY4.6%+1.2%
TTM5.8%5Y3.4%+2.3%
5Y3.4%10Y1.7%+1.7%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ9.2%4.3%+4.9%
TTM5.8%2.0%+3.8%
YOY4.6%5.1%-0.5%
5Y3.4%4.2%-0.8%
10Y1.7%3.9%-2.2%
1.2.2. Operating Ratio

Measures how efficient Shanghai Challenge Textile Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • An Operation Ratio of 1.63 means that the operating costs are ¥1.63 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Shanghai Challenge Textile Co Ltd:

  • The MRQ is 1.626. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.688. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.626TTM1.688-0.062
TTM1.688YOY1.741-0.053
TTM1.6885Y1.663+0.025
5Y1.66310Y1.190+0.473
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6261.660-0.034
TTM1.6881.676+0.012
YOY1.7411.628+0.113
5Y1.6631.623+0.040
10Y1.1901.380-0.190

1.3. Liquidity of Shanghai Challenge Textile Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Shanghai Challenge Textile Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A Current Ratio of 4.27 means the company has ¥4.27 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Shanghai Challenge Textile Co Ltd:

  • The MRQ is 4.272. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.872. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.272TTM3.872+0.399
TTM3.872YOY3.161+0.711
TTM3.8725Y3.176+0.696
5Y3.17610Y1.588+1.588
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ4.2721.491+2.781
TTM3.8721.469+2.403
YOY3.1611.494+1.667
5Y3.1761.521+1.655
10Y1.5881.315+0.273
1.3.2. Quick Ratio

Measures if Shanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd to the Textile Manufacturing industry mean.
  • A Quick Ratio of 0.81 means the company can pay off ¥0.81 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shanghai Challenge Textile Co Ltd:

  • The MRQ is 0.808. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.791. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.808TTM0.791+0.017
TTM0.791YOY0.873-0.082
TTM0.7915Y0.895-0.104
5Y0.89510Y0.719+0.176
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8080.551+0.257
TTM0.7910.577+0.214
YOY0.8730.634+0.239
5Y0.8950.620+0.275
10Y0.7190.576+0.143

1.4. Solvency of Shanghai Challenge Textile Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Shanghai Challenge Textile Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Shanghai Challenge Textile Co Ltd to Textile Manufacturing industry mean.
  • A Debt to Asset Ratio of 0.16 means that Shanghai Challenge Textile Co Ltd assets are financed with 16.4% credit (debt) and the remaining percentage (100% - 16.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shanghai Challenge Textile Co Ltd:

  • The MRQ is 0.164. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.181. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.164TTM0.181-0.018
TTM0.181YOY0.216-0.035
TTM0.1815Y0.196-0.014
5Y0.19610Y0.279-0.084
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1640.489-0.325
TTM0.1810.487-0.306
YOY0.2160.485-0.269
5Y0.1960.502-0.306
10Y0.2790.519-0.240
1.4.2. Debt to Equity Ratio

Measures if Shanghai Challenge Textile Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Shanghai Challenge Textile Co Ltd to the Textile Manufacturing industry mean.
  • A Debt to Equity ratio of 19.6% means that company has ¥0.20 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shanghai Challenge Textile Co Ltd:

  • The MRQ is 0.196. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.222. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.196TTM0.222-0.026
TTM0.222YOY0.277-0.054
TTM0.2225Y0.247-0.024
5Y0.24710Y0.430-0.183
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1960.870-0.674
TTM0.2220.903-0.681
YOY0.2770.905-0.628
5Y0.2470.997-0.750
10Y0.4301.163-0.733

2. Market Valuation of Shanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd generates.

  • Above 15 is considered overpriced but always compare Shanghai Challenge Textile Co Ltd to the Textile Manufacturing industry mean.
  • A PE ratio of 25.31 means the investor is paying ¥25.31 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shanghai Challenge Textile Co Ltd:

  • The EOD is 20.316. Based on the earnings, the company is fair priced.
  • The MRQ is 25.309. Based on the earnings, the company is overpriced. -1
  • The TTM is 28.076. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD20.316MRQ25.309-4.993
MRQ25.309TTM28.076-2.767
TTM28.076YOY96.594-68.518
TTM28.0765Y46.567-18.491
5Y46.56710Y51.186-4.619
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD20.3167.682+12.634
MRQ25.3097.177+18.132
TTM28.0767.076+21.000
YOY96.5947.958+88.636
5Y46.56710.526+36.041
10Y51.18614.684+36.502
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Shanghai Challenge Textile Co Ltd:

  • The EOD is 7.222. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.997. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -62.878. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD7.222MRQ8.997-1.775
MRQ8.997TTM-62.878+71.876
TTM-62.878YOY-12.470-50.408
TTM-62.8785Y-2.461-60.417
5Y-2.46110Y80.749-83.210
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD7.2222.941+4.281
MRQ8.9972.200+6.797
TTM-62.8781.322-64.200
YOY-12.4701.143-13.613
5Y-2.4610.616-3.077
10Y80.7491.196+79.553
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Shanghai Challenge Textile Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A PB ratio of 2.29 means the investor is paying ¥2.29 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Shanghai Challenge Textile Co Ltd:

  • The EOD is 1.836. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.287. Based on the equity, the company is underpriced. +1
  • The TTM is 2.505. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.836MRQ2.287-0.451
MRQ2.287TTM2.505-0.218
TTM2.505YOY2.629-0.124
TTM2.5055Y2.903-0.398
5Y2.90310Y4.079-1.176
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD1.8361.078+0.758
MRQ2.2871.067+1.220
TTM2.5051.017+1.488
YOY2.6291.121+1.508
5Y2.9031.035+1.868
10Y4.0791.265+2.814
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Shanghai Challenge Textile 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--0.0410.013+202%0.019+117%0.006+529%0.003+1512%
Book Value Per Share--1.2861.253+3%1.185+8%1.169+10%1.164+10%
Current Ratio--4.2723.872+10%3.161+35%3.176+34%1.588+169%
Debt To Asset Ratio--0.1640.181-10%0.216-24%0.196-16%0.279-41%
Debt To Equity Ratio--0.1960.222-12%0.277-29%0.247-20%0.430-54%
Dividend Per Share--0.0010.007-91%0.001-45%0.002-70%0.017-97%
Eps--0.0290.028+4%0.026+10%0.011+156%0.013+129%
Free Cash Flow Per Share--0.0820.045+83%0.036+129%0.015+450%-0.005+106%
Free Cash Flow To Equity Per Share--0.0450.030+53%0.020+124%0.015+196%0.025+82%
Gross Profit Margin--1.0001.0000%1.0000%0.950+5%0.675+48%
Intrinsic Value_10Y_max--0.857--------
Intrinsic Value_10Y_min--0.729--------
Intrinsic Value_1Y_max--0.055--------
Intrinsic Value_1Y_min--0.054--------
Intrinsic Value_3Y_max--0.188--------
Intrinsic Value_3Y_min--0.179--------
Intrinsic Value_5Y_max--0.350--------
Intrinsic Value_5Y_min--0.323--------
Market Cap1963520000.000-25%2446080000.0002610400000.000-6%2593760000.000-6%2814010754.900-13%3920477377.450-38%
Net Profit Margin--0.1010.069+46%0.059+70%0.021+369%0.038+162%
Operating Margin--0.0920.058+60%0.046+101%0.034+168%0.017+436%
Operating Ratio--1.6261.688-4%1.741-7%1.663-2%1.190+37%
Pb Ratio1.836-25%2.2872.505-9%2.629-13%2.903-21%4.079-44%
Pe Ratio20.316-25%25.30928.076-10%96.594-74%46.567-46%51.186-51%
Price Per Share2.360-25%2.9403.138-6%3.118-6%3.380-13%4.711-38%
Price To Free Cash Flow Ratio7.222-25%8.997-62.878+799%-12.470+239%-2.461+127%80.749-89%
Price To Total Gains Ratio57.221-25%71.2845.251+1258%-80.555+213%-222.787+413%1077.117-93%
Quick Ratio--0.8080.791+2%0.873-7%0.895-10%0.719+12%
Return On Assets--0.0190.015+27%0.017+11%0.006+201%0.007+158%
Return On Equity--0.0230.018+25%0.022+3%0.008+185%0.010+128%
Total Gains Per Share--0.0410.020+105%0.020+108%0.008+394%0.019+113%
Usd Book Value--148027393.709144329646.133+3%136500703.929+8%134704502.173+10%134016639.911+10%
Usd Book Value Change Per Share--0.0060.002+202%0.003+117%0.001+529%0.000+1512%
Usd Book Value Per Share--0.1780.173+3%0.164+8%0.162+10%0.161+10%
Usd Dividend Per Share--0.0000.001-91%0.000-45%0.000-70%0.002-97%
Usd Eps--0.0040.004+4%0.004+10%0.002+156%0.002+129%
Usd Free Cash Flow--9406803.6245127406.029+83%4102642.714+129%1705662.952+452%-460515.670+105%
Usd Free Cash Flow Per Share--0.0110.006+83%0.005+129%0.002+450%-0.001+106%
Usd Free Cash Flow To Equity Per Share--0.0060.004+53%0.003+124%0.002+196%0.003+82%
Usd Market Cap271751168.000-25%338537472.000361279360.000-6%358976384.000-6%389459088.478-13%542594069.039-38%
Usd Price Per Share0.327-25%0.4070.434-6%0.431-6%0.468-13%0.652-38%
Usd Profit--3344012.4892626292.287+27%3037030.375+10%1135255.841+195%1374849.034+143%
Usd Revenue--33221456.44437586985.106-12%48059457.560-31%37736168.371-12%32713471.059+2%
Usd Total Gains Per Share--0.0060.003+105%0.003+108%0.001+394%0.003+113%
 EOD+4 -4MRQTTM+28 -7YOY+27 -85Y+28 -810Y+29 -7

3.2. Fundamental Score

Let's check the fundamental score of Shanghai Challenge Textile Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1520.316
Price to Book Ratio (EOD)Between0-11.836
Net Profit Margin (MRQ)Greater than00.101
Operating Margin (MRQ)Greater than00.092
Quick Ratio (MRQ)Greater than10.808
Current Ratio (MRQ)Greater than14.272
Debt to Asset Ratio (MRQ)Less than10.164
Debt to Equity Ratio (MRQ)Less than10.196
Return on Equity (MRQ)Greater than0.150.023
Return on Assets (MRQ)Greater than0.050.019
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Shanghai Challenge Textile Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.988
Ma 20Greater thanMa 502.381
Ma 50Greater thanMa 1002.480
Ma 100Greater thanMa 2002.728
OpenGreater thanClose2.430
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets1,278,671
Total Liabilities209,109
Total Stockholder Equity1,065,266
 As reported
Total Liabilities 209,109
Total Stockholder Equity+ 1,065,266
Total Assets = 1,278,671

Assets

Total Assets1,278,671
Total Current Assets769,386
Long-term Assets509,285
Total Current Assets
Cash And Cash Equivalents 323,880
Net Receivables 145,540
Inventory 217,552
Other Current Assets 82,415
Total Current Assets  (as reported)769,386
Total Current Assets  (calculated)769,386
+/- 0
Long-term Assets
Property Plant Equipment 263,383
Intangible Assets 11,601
Other Assets 24,970
Long-term Assets  (as reported)509,285
Long-term Assets  (calculated)299,954
+/- 209,331

Liabilities & Shareholders' Equity

Total Current Liabilities180,121
Long-term Liabilities28,989
Total Stockholder Equity1,065,266
Total Current Liabilities
Short Long Term Debt 26,019
Accounts payable 77,964
Other Current Liabilities 39,987
Total Current Liabilities  (as reported)180,121
Total Current Liabilities  (calculated)143,970
+/- 36,150
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt1,386
Other Liabilities 16,536
Deferred Long Term Liability 5,923
Long-term Liabilities  (as reported)28,989
Long-term Liabilities  (calculated)23,845
+/- 5,144
Total Stockholder Equity
Common Stock832,000
Retained Earnings 300,725
Other Stockholders Equity -69,425
Total Stockholder Equity (as reported)1,065,266
Total Stockholder Equity (calculated)1,063,300
+/- 1,966
Other
Capital Stock832,000
Common Stock Shares Outstanding 832,000
Net Invested Capital 1,102,352
Net Tangible Assets 1,053,665
Net Working Capital 589,266
Property Plant and Equipment Gross 263,383



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 
435,524
483,022
529,364
578,583
1,156,156
1,067,418
1,063,795
1,135,395
1,129,611
1,155,185
1,167,300
1,123,754
1,121,518
1,108,019
1,125,679
1,193,560
1,238,703
1,231,385
1,562,558
1,527,802
1,540,813
1,659,784
1,654,411
1,725,231
1,724,987
1,608,470
1,557,834
1,689,360
1,675,698
1,632,035
1,569,522
1,630,681
1,789,705
1,478,975
1,380,275
1,084,970
1,114,480
0
1,091,881
1,111,732
1,122,086
1,100,347
1,109,096
1,276,670
1,255,063
1,252,696
1,241,884
1,224,405
1,216,742
1,226,492
1,227,074
1,234,858
1,345,438
1,297,901
1,262,176
1,255,982
1,278,671
1,278,6711,255,9821,262,1761,297,9011,345,4381,234,8581,227,0741,226,4921,216,7421,224,4051,241,8841,252,6961,255,0631,276,6701,109,0961,100,3471,122,0861,111,7321,091,88101,114,4801,084,9701,380,2751,478,9751,789,7051,630,6811,569,5221,632,0351,675,6981,689,3601,557,8341,608,4701,724,9871,725,2311,654,4111,659,7841,540,8131,527,8021,562,5581,231,3851,238,7031,193,5601,125,6791,108,0191,121,5181,123,7541,167,3001,155,1851,129,6111,135,3951,063,7951,067,4181,156,156578,583529,364483,022435,524
   > 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
505,303
546,742
583,286
560,093
562,314
761,472
769,064
771,377
764,877
737,153
723,368
723,925
729,092
745,186
844,495
785,169
763,420
761,103
769,386
769,386761,103763,420785,169844,495745,186729,092723,925723,368737,153764,877771,377769,064761,472562,314560,093583,286546,742505,30300000000000000000000000000000000000000
       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
86,732
36,399
51,546
63,800
109,747
102,557
235,542
278,968
230,697
146,147
161,943
209,937
190,071
161,843
243,601
294,149
295,278
294,737
323,880
323,880294,737295,278294,149243,601161,843190,071209,937161,943146,147230,697278,968235,542102,557109,74763,80051,54636,39986,73200000000000000000000000000000000000000
       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
100,769
55,618
71,059
91,880
22,573
126
618
105
0
0
0
0
0
0
00000010561812622,57391,88071,05955,618100,7690000000000000000000000000000000000000000000
       Net Receivables 
31,155
41,142
67,473
77,124
77,563
79,119
81,336
98,941
101,091
70,558
53,778
99,824
85,220
75,700
73,207
123,738
132,739
116,634
112,310
155,726
157,432
144,868
116,371
154,591
139,474
144,875
120,201
127,895
151,827
134,165
106,244
138,937
143,355
110,769
108,035
105,325
129,149
0
70,581
176,982
209,010
233,519
133,957
240,196
190,353
199,768
167,393
192,096
244,713
178,663
185,653
248,927
223,837
189,976
125,915
170,158
145,540
145,540170,158125,915189,976223,837248,927185,653178,663244,713192,096167,393199,768190,353240,196133,957233,519209,010176,98270,5810129,149105,325108,035110,769143,355138,937106,244134,165151,827127,895120,201144,875139,474154,591116,371144,868157,432155,726112,310116,634132,739123,73873,20775,70085,22099,82453,77870,558101,09198,94181,33679,11977,56377,12467,47341,14231,155
       Other Current Assets 
8,950
4,701
13,189
11,881
49,205
31,414
113,010
40,466
32,156
30,863
57,375
15,442
20,712
15,932
60,334
28,211
45,164
37,099
20,504
39,392
83,308
68,997
119,604
86,398
85,793
61,740
63,023
66,058
65,069
56,906
75,117
69,248
85,833
30,341
364,113
38,170
35,475
0
5,877
10,751
9,175
29,413
58,575
58,431
45,739
29,302
65,316
92,960
50,599
35,756
33,819
49,092
92,143
44,572
1,234
60,802
82,415
82,41560,8021,23444,57292,14349,09233,81935,75650,59992,96065,31629,30245,73958,43158,57529,4139,17510,7515,877035,47538,170364,11330,34185,83369,24875,11756,90665,06966,05863,02361,74085,79386,398119,60468,99783,30839,39220,50437,09945,16428,21160,33415,93220,71215,44257,37530,86332,15640,466113,01031,41449,20511,88113,1894,7018,950
   > 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
586,578
564,990
538,800
540,254
546,782
515,198
485,999
481,319
477,007
487,252
493,374
502,567
497,982
489,673
500,943
512,731
498,757
494,879
509,285
509,285494,879498,757512,731500,943489,673497,982502,567493,374487,252477,007481,319485,999515,198546,782540,254538,800564,990586,57800000000000000000000000000000000000000
       Property Plant Equipment 
267,326
286,413
282,774
279,261
267,785
290,261
295,409
391,043
406,659
443,248
446,566
496,269
490,240
501,465
491,143
492,856
472,002
528,597
509,134
520,321
554,312
650,578
724,945
777,805
792,955
796,943
785,727
827,863
822,463
813,164
802,658
807,524
800,610
332,726
326,128
321,989
316,858
309,637
302,711
297,175
290,996
286,525
280,563
279,437
273,079
270,328
270,696
273,650
271,570
268,505
262,197
253,452
257,786
274,226
269,729
267,905
263,383
263,383267,905269,729274,226257,786253,452262,197268,505271,570273,650270,696270,328273,079279,437280,563286,525290,996297,175302,711309,637316,858321,989326,128332,726800,610807,524802,658813,164822,463827,863785,727796,943792,955777,805724,945650,578554,312520,321509,134528,597472,002492,856491,143501,465490,240496,269446,566443,248406,659391,043295,409290,261267,785279,261282,774286,413267,326
       Intangible Assets 
12,246
7
638
465
12,791
283
12,445
72
12,132
3
11,991
2
11,850
1
11,710
1
31,204
89
45,655
49,879
51,120
50,636
50,494
50,225
50,016
49,911
49,636
49,524
49,624
48,977
48,686
48,366
48,030
10,916
10,836
10,753
10,669
0
10,345
1,147
10,998
10,834
10,793
10,655
10,483
10,327
10,146
10,003
9,927
9,737
9,546
10,565
10,429
10,306
10,165
10,020
11,601
11,60110,02010,16510,30610,42910,5659,5469,7379,92710,00310,14610,32710,48310,65510,79310,83410,9981,14710,345010,66910,75310,83610,91648,03048,36648,68648,97749,62449,52449,63649,91150,01650,22550,49450,63651,12049,87945,6558931,204111,710111,850211,991312,1327212,44528312,791465638712,246
       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
6,846
5,990
4,039
9,334
16,002
12,847
285,732
10,484
6,115
5,830
2,300
10,517
12,590
13,426
17,607
7,370
16,349
17,302
14,340
14,34017,30216,3497,37017,60713,42612,59010,5172,3005,8306,11510,484285,73212,84716,0029,3344,0395,9906,84600000000000000000000000000000000000000
> Total Liabilities 
207,429
217,613
220,315
242,648
263,935
162,326
146,466
227,052
195,347
207,708
212,172
184,708
170,371
152,475
176,655
227,455
253,138
196,744
547,618
490,988
503,752
609,651
622,875
720,927
734,821
677,419
641,074
796,993
795,238
695,158
657,959
725,976
896,032
521,727
441,198
143,112
152,550
0
139,435
176,113
197,694
175,335
184,485
311,684
288,943
305,847
301,877
279,216
254,419
256,281
260,998
250,835
320,642
255,101
238,883
220,261
209,109
209,109220,261238,883255,101320,642250,835260,998256,281254,419279,216301,877305,847288,943311,684184,485175,335197,694176,113139,4350152,550143,112441,198521,727896,032725,976657,959695,158795,238796,993641,074677,419734,821720,927622,875609,651503,752490,988547,618196,744253,138227,455176,655152,475170,371184,708212,172207,708195,347227,052146,466162,326263,935242,648220,315217,613207,429
   > Total Current Liabilities 
207,429
160,613
149,815
185,648
206,935
162,326
146,466
227,052
195,347
207,708
212,172
184,708
170,371
152,475
176,655
227,455
253,138
196,744
253,618
196,488
208,752
289,513
226,649
301,398
303,274
247,386
194,172
350,397
344,403
270,001
290,003
378,514
549,739
265,286
185,226
127,241
135,562
0
123,439
160,545
181,020
159,144
168,762
285,520
254,768
269,120
262,453
241,550
219,271
223,223
232,211
223,419
288,456
222,635
207,578
189,626
180,121
180,121189,626207,578222,635288,456223,419232,211223,223219,271241,550262,453269,120254,768285,520168,762159,144181,020160,545123,4390135,562127,241185,226265,286549,739378,514290,003270,001344,403350,397194,172247,386303,274301,398226,649289,513208,752196,488253,618196,744253,138227,455176,655152,475170,371184,708212,172207,708195,347227,052146,466162,326206,935185,648149,815160,613207,429
       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
5,638
11,570
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000011,5705,638000000000000000000000000000000000000000
       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
5,638
11,570
40,057
66,000
75,819
75,875
82,896
102,550
111,874
100,410
74,097
74,010
74,088
54,056
54,068
55,068
55,062
26,019
26,01955,06255,06854,06854,05674,08874,01074,097100,410111,874102,55082,89675,87575,81966,00040,05711,5705,638000000000000000000000000000000000000000
       Accounts payable 
39,760
41,562
58,029
84,377
86,937
66,700
69,543
81,510
74,076
75,796
74,395
79,617
62,882
64,496
58,914
74,205
85,827
53,093
66,379
58,843
37,506
57,629
52,986
71,354
88,137
67,914
53,694
109,225
104,405
73,098
63,341
106,170
130,927
90,942
101,757
82,415
103,827
0
102,304
136,667
140,311
77,124
66,220
156,471
142,294
143,024
134,739
101,757
84,294
104,188
113,298
96,428
149,497
85,847
82,947
55,467
77,964
77,96455,46782,94785,847149,49796,428113,298104,18884,294101,757134,739143,024142,294156,47166,22077,124140,311136,667102,3040103,82782,415101,75790,942130,927106,17063,34173,098104,405109,22553,69467,91488,13771,35452,98657,62937,50658,84366,37953,09385,82774,20558,91464,49662,88279,61774,39575,79674,07681,51069,54366,70086,93784,37758,02941,56239,760
       Other Current Liabilities 
5,169
5,751
7,186
10,671
29,398
25,126
19,923
23,542
29,271
40,912
46,777
49,091
51,489
29,278
43,280
28,094
37,140
31,108
64,733
35,194
30,501
46,233
20,795
42,228
52,089
44,624
14,956
25,922
51,737
60,152
115,945
170,585
340,967
37,501
9,275
10,733
13,259
0
0
0
17,212
93,751
28,498
37,689
25,389
11,671
13,876
16,318
16,243
20,063
31,046
17,061
40,907
39,384
3,893
40,094
39,987
39,98740,0943,89339,38440,90717,06131,04620,06316,24316,31813,87611,67125,38937,68928,49893,75117,21200013,25910,7339,27537,501340,967170,585115,94560,15251,73725,92214,95644,62452,08942,22820,79546,23330,50135,19464,73331,10837,14028,09443,28029,27851,48949,09146,77740,91229,27123,54219,92325,12629,39810,6717,1865,7515,169
   > 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
15,995
15,567
16,674
16,190
15,723
26,164
34,175
36,727
39,424
37,666
35,148
33,058
28,787
27,416
32,186
32,467
31,305
30,635
28,989
28,98930,63531,30532,46732,18627,41628,78733,05835,14837,66639,42436,72734,17526,16415,72316,19016,67415,56715,99500000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23,628
25,016
24,186
23,455
26,313
27,051
26,462
25,874
25,285
27,949
23,179
22,571
16,272
15,834
15,396
15,328
14,890
14,452
14,014
13,576
13,318
12,996
15,649
17,057
17,112
16,863
16,292
16,010
15,553
15,176
14,860
14,560
16,716
0
16,957
16,536
16,53616,957016,71614,56014,86015,17615,55316,01016,29216,86317,11217,05715,64912,99613,31813,57614,01414,45214,89015,32815,39615,83416,27222,57123,17927,94925,28525,87426,46227,05126,31323,45524,18625,01623,628000000000000000000000
       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
1,306
4,681
5,560
4,963
4,366
3,773
3,846
4,328
3,344
2,827
2,311
1,795
4,941
0
4,624
5,923
5,9234,62404,9411,7952,3112,8273,3444,3283,8463,7734,3664,9635,5604,6811,30600000000000000000000000000000000000000000
> Total Stockholder Equity
225,597
262,499
305,610
332,137
888,274
901,065
913,146
903,956
929,821
943,348
950,962
938,944
950,302
956,087
949,855
967,960
987,513
1,035,462
1,015,821
1,038,222
1,038,469
1,026,598
1,009,745
987,472
975,494
914,205
902,155
878,798
868,345
928,748
905,008
901,539
892,667
955,298
936,642
939,995
959,712
0
949,513
933,128
921,258
921,711
920,298
961,129
961,144
942,281
934,814
940,518
957,615
965,602
962,340
980,625
1,020,981
1,039,279
1,019,416
1,032,524
1,065,266
1,065,2661,032,5241,019,4161,039,2791,020,981980,625962,340965,602957,615940,518934,814942,281961,144961,129920,298921,711921,258933,128949,5130959,712939,995936,642955,298892,667901,539905,008928,748868,345878,798902,155914,205975,494987,4721,009,7451,026,5981,038,4691,038,2221,015,8211,035,462987,513967,960949,855956,087950,302938,944950,962943,348929,821903,956913,146901,065888,274332,137305,610262,499225,597
   Common Stock
169,085
156,000
156,000
156,000
208,000
208,000
208,000
208,000
208,000
208,000
208,000
208,000
208,000
208,000
208,000
416,000
416,000
416,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
832,000
0
832,000
832,000
832,000832,0000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000832,000416,000416,000416,000208,000208,000208,000208,000208,000208,000208,000208,000208,000208,000208,000156,000156,000156,000169,085
   Retained Earnings 
34,533
37,371
75,846
102,077
124,761
131,451
143,661
134,488
160,221
165,387
173,949
161,314
172,350
173,773
168,174
186,279
206,928
247,184
185,523
205,541
206,703
200,142
181,418
160,762
149,831
89,502
73,364
52,392
46,984
101,361
75,484
72,978
64,766
129,313
110,540
124,784
139,680
146,892
102,447
105,394
79,763
129,551
125,236
172,104
162,995
146,227
142,362
137,645
147,029
165,913
168,062
188,558
234,804
259,075
216,208
276,563
300,725
300,725276,563216,208259,075234,804188,558168,062165,913147,029137,645142,362146,227162,995172,104125,236129,55179,763105,394102,447146,892139,680124,784110,540129,31364,76672,97875,484101,36146,98452,39273,36489,502149,831160,762181,418200,142206,703205,541185,523247,184206,928186,279168,174173,773172,350161,314173,949165,387160,221134,488143,661131,451124,761102,07775,84637,37134,533
   Capital Surplus 000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity -69,425-78,0050-53,761-47,790-41,899-39,688-34,276-23,380-31,092-41,514-37,912-35,865-44,990-38,952-41,854-40,522-54,283-34,950-31,5010000000000000000000000000000000000000



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 (+$)
totalRevenue1,086,329
Cost of Revenue-819,944
Gross Profit266,385266,385
 
Operating Income (+$)
Gross Profit266,385
Operating Expense-1,016,445
Operating Income69,884-750,060
 
Operating Expense (+$)
Research Development55,212
Selling General Administrative63,457
Selling And Marketing Expenses-
Operating Expense1,016,445118,669
 
Net Interest Income (+$)
Interest Income203
Interest Expense-2,350
Other Finance Cost-17,047
Net Interest Income-19,194
 
Pretax Income (+$)
Operating Income69,884
Net Interest Income-19,194
Other Non-Operating Income Expenses-
Income Before Tax (EBT)86,62269,884
EBIT - interestExpense = -2,350
75,904
78,255
Interest Expense2,350
Earnings Before Interest and Taxes (EBIT)-88,972
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax86,622
Tax Provision-9,619
Net Income From Continuing Ops77,00377,003
Net Income75,904
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-19,194
 

Technical Analysis of Shanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The general trend of Shanghai Challenge Textile Co Ltd is BEARISH with 85.7% 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 Shanghai Challenge Textile 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 (-85.7%) Bearish trend (85.7%)
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 Shanghai Challenge Textile 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: 2.54 < 2.64 < 2.82.

The bearish price targets are: 1.81.

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Shanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-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 lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Shanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The current macd is 0.00395046.

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 Shanghai Challenge Textile 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 Shanghai Challenge Textile 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 Shanghai Challenge Textile 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
Shanghai Challenge Textile Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartShanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The current adx is 15.74.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Shanghai Challenge Textile Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Shanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The current sar is 2.540512.

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
Shanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The current rsi is 45.99. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Shanghai Challenge Textile Co Ltd Daily Relative Strength Index (RSI) ChartShanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-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 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 Shanghai Challenge Textile Co Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Shanghai Challenge Textile Co Ltd Daily Stochastic Oscillator ChartShanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The current cci is 9.06002265.

Shanghai Challenge Textile Co Ltd Daily Commodity Channel Index (CCI) ChartShanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The current cmo is -12.52394164.

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
Shanghai Challenge Textile Co Ltd Daily Chande Momentum Oscillator (CMO) ChartShanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The current willr is -65.51724138.

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 Shanghai Challenge Textile Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Shanghai Challenge Textile Co Ltd Daily Williams %R ChartShanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd.

Shanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The current atr is 0.08982779.

Shanghai Challenge Textile Co Ltd Daily Average True Range (ATR) ChartShanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The current obv is -112,200,576.

Shanghai Challenge Textile Co Ltd Daily On-Balance Volume (OBV) ChartShanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd. The current mfi is 62.65.

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
Shanghai Challenge Textile Co Ltd Daily Money Flow Index (MFI) ChartShanghai Challenge Textile Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Shanghai Challenge Textile Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Shanghai Challenge Textile Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.988
Ma 20Greater thanMa 502.381
Ma 50Greater thanMa 1002.480
Ma 100Greater thanMa 2002.728
OpenGreater thanClose2.430
Total1/5 (20.0%)
Penke

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