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Dongguan Chitwing Technology Co Ltd
Buy, Hold or Sell?

Let's analyse Chitwing together

PenkeI guess you are interested in Dongguan Chitwing Technology 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 Dongguan Chitwing Technology 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 Chitwing (30 sec.)










What can you expect buying and holding a share of Chitwing? (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?
100.0%

What is your share worth?

Current worth
¥3.97
Expected worth in 1 year
¥3.41
How sure are you?
63.2%

+ What do you gain per year?

Total Gains per Share
¥-0.54
Return On Investment
-2.0%

For what price can you sell your share?

Current Price per Share
¥27.39
Expected price per share
¥10.99 - ¥47.09
How sure are you?
50%

1. Valuation of Chitwing (5 min.)




Live pricePrice per Share (EOD)

¥27.39

Intrinsic Value Per Share

¥3.99 - ¥4.78

Total Value Per Share

¥7.96 - ¥8.76

2. Growth of Chitwing (5 min.)




Is Chitwing growing?

Current yearPrevious yearGrowGrow %
How rich?$135.5m$157.3m-$19.1m-13.9%

How much money is Chitwing making?

Current yearPrevious yearGrowGrow %
Making money-$5.4m-$9.4m$3.9m73.0%
Net Profit Margin-7.2%-9.1%--

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

3. Financial Health of Chitwing (5 min.)




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




  Industry Rankings (Metal Fabrication)  


Richest
#75 / 182

Most Revenue
#85 / 182

Most Profit
#172 / 182

Most Efficient
#156 / 182

What can you expect buying and holding a share of Chitwing? (5 min.)

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

What can you expect buying and holding a share of Chitwing?

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

Speculation

The Price per Share of Chitwing is ¥27.39. 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 Chitwing.
  • 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 Chitwing, 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 ¥3.97. Based on the TTM, the Book Value Change Per Share is ¥-0.14 per quarter. Based on the YOY, the Book Value Change Per Share is ¥-0.30 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 Chitwing.

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 Eps0.000.0%-0.02-0.1%-0.04-0.1%-0.010.0%-0.010.0%
Usd Book Value Change Per Share0.000.0%-0.02-0.1%-0.04-0.2%0.030.1%0.030.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%-0.02-0.1%-0.04-0.1%0.030.1%0.030.1%
Usd Price Per Share6.68-2.66-1.16-1.65-1.65-
Price to Earnings Ratio-442.49--127.17-131.41--0.31--0.31-
Price-to-Total Gains Ratio1,586.43-89.58-93.83--556.55--556.55-
Price to Book Ratio12.13-4.82-1.84-2.56-2.56-
Price-to-Total Gains Ratio1,586.43-89.58-93.83--556.55--556.55-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.790776
Number of shares263
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.020.03
Usd Total Gains Per Share-0.020.03
Gains per Quarter (263 shares)-4.888.19
Gains per Year (263 shares)-19.5132.75
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11-20-3023023
22-41-5056156
33-61-7079189
43-82-909122122
54-102-11011152155
65-122-13014183188
76-143-15016213221
87-163-17018244254
98-183-19021274287
109-204-21023305320

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 Share0.04.00.00.0%5.07.00.041.7%11.08.00.057.9%11.08.00.057.9%11.08.00.057.9%
Book Value Change Per Share1.03.00.025.0%6.06.00.050.0%11.08.00.057.9%11.08.00.057.9%11.08.00.057.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%
Total Gains per Share1.03.00.025.0%7.05.00.058.3%12.07.00.063.2%12.07.00.063.2%12.07.00.063.2%

Fundamentals of Chitwing

About Dongguan Chitwing Technology Co Ltd

Dongguan Chitwing Technology Co., Ltd. manufactures and sells precision structural parts and dies in China. It also offers Composite material panels, glass and sapphire products, and smart wearables. Its products are used in smartphones, smart watches, TWS headsets, VR/AR, tablet/PC, smart speakers, smart home, and other products. The company was founded in 2007 and is based in Dongguan, China.

Fundamental data was last updated by Penke on 2024-03-11 01:14:03.

Financial Health

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

Valuation

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

1.1. Profitability of Dongguan Chitwing Technology Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Chitwing earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Chitwing to the Metal Fabrication industry mean.
  • A Net Profit Margin of -1.6% means that ¥-0.02 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Dongguan Chitwing Technology Co Ltd:

  • The MRQ is -1.6%. The company is making a loss. -1
  • The TTM is -7.2%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-1.6%TTM-7.2%+5.7%
TTM-7.2%YOY-9.1%+1.9%
TTM-7.2%5Y-2.4%-4.8%
5Y-2.4%10Y-2.4%0.0%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.6%2.5%-4.1%
TTM-7.2%2.3%-9.5%
YOY-9.1%3.8%-12.9%
5Y-2.4%3.3%-5.7%
10Y-2.4%3.5%-5.9%
1.1.2. Return on Assets

Shows how efficient Chitwing is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Chitwing to the Metal Fabrication industry mean.
  • -0.3% Return on Assets means that Chitwing generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Dongguan Chitwing Technology Co Ltd:

  • The MRQ is -0.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.3%TTM-1.6%+1.3%
TTM-1.6%YOY-2.4%+0.9%
TTM-1.6%5Y-0.5%-1.0%
5Y-0.5%10Y-0.5%0.0%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.3%0.9%-1.2%
TTM-1.6%0.8%-2.4%
YOY-2.4%1.2%-3.6%
5Y-0.5%1.1%-1.6%
10Y-0.5%1.0%-1.5%
1.1.3. Return on Equity

Shows how efficient Chitwing is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Chitwing to the Metal Fabrication industry mean.
  • -0.7% Return on Equity means Chitwing generated ¥-0.01 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Dongguan Chitwing Technology Co Ltd:

  • The MRQ is -0.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.7%TTM-3.9%+3.2%
TTM-3.9%YOY-6.0%+2.1%
TTM-3.9%5Y-1.4%-2.5%
5Y-1.4%10Y-1.4%0.0%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.7%1.6%-2.3%
TTM-3.9%1.4%-5.3%
YOY-6.0%2.6%-8.6%
5Y-1.4%2.0%-3.4%
10Y-1.4%2.0%-3.4%

1.2. Operating Efficiency of Dongguan Chitwing Technology Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Chitwing is operating .

  • Measures how much profit Chitwing 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 Chitwing to the Metal Fabrication industry mean.
  • An Operating Margin of 6.4% means the company generated ¥0.06  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Dongguan Chitwing Technology Co Ltd:

  • The MRQ is 6.4%. The company is operating less efficient.
  • The TTM is -6.6%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ6.4%TTM-6.6%+13.1%
TTM-6.6%YOY-8.9%+2.3%
TTM-6.6%5Y-2.1%-4.6%
5Y-2.1%10Y-2.1%0.0%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ6.4%4.9%+1.5%
TTM-6.6%3.0%-9.6%
YOY-8.9%5.8%-14.7%
5Y-2.1%5.6%-7.7%
10Y-2.1%4.3%-6.4%
1.2.2. Operating Ratio

Measures how efficient Chitwing is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Metal Fabrication industry mean).
  • An Operation Ratio of 1.81 means that the operating costs are ¥1.81 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Dongguan Chitwing Technology Co Ltd:

  • The MRQ is 1.810. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.891. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.810TTM1.891-0.081
TTM1.891YOY1.919-0.028
TTM1.8915Y1.861+0.030
5Y1.86110Y1.8610.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8101.658+0.152
TTM1.8911.676+0.215
YOY1.9191.622+0.297
5Y1.8611.598+0.263
10Y1.8611.336+0.525

1.3. Liquidity of Dongguan Chitwing Technology Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Chitwing is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Metal Fabrication industry mean).
  • A Current Ratio of 1.02 means the company has ¥1.02 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Dongguan Chitwing Technology Co Ltd:

  • The MRQ is 1.016. The company is just able to pay all its short-term debts.
  • The TTM is 0.895. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ1.016TTM0.895+0.121
TTM0.895YOY0.954-0.059
TTM0.8955Y1.120-0.225
5Y1.12010Y1.1200.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0161.766-0.750
TTM0.8951.773-0.878
YOY0.9541.812-0.858
5Y1.1201.780-0.660
10Y1.1201.614-0.494
1.3.2. Quick Ratio

Measures if Chitwing is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Chitwing to the Metal Fabrication industry mean.
  • A Quick Ratio of 0.55 means the company can pay off ¥0.55 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Dongguan Chitwing Technology Co Ltd:

  • The MRQ is 0.551. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.448. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.551TTM0.448+0.103
TTM0.448YOY0.439+0.009
TTM0.4485Y0.460-0.012
5Y0.46010Y0.4600.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5510.731-0.180
TTM0.4480.744-0.296
YOY0.4390.858-0.419
5Y0.4600.934-0.474
10Y0.4600.848-0.388

1.4. Solvency of Dongguan Chitwing Technology Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Chitwing assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Chitwing to Metal Fabrication industry mean.
  • A Debt to Asset Ratio of 0.58 means that Chitwing assets are financed with 57.6% credit (debt) and the remaining percentage (100% - 57.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Dongguan Chitwing Technology Co Ltd:

  • The MRQ is 0.576. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.585. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.576TTM0.585-0.009
TTM0.585YOY0.594-0.009
TTM0.5855Y0.550+0.035
5Y0.55010Y0.5500.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5760.497+0.079
TTM0.5850.484+0.101
YOY0.5940.496+0.098
5Y0.5500.484+0.066
10Y0.5500.490+0.060
1.4.2. Debt to Equity Ratio

Measures if Chitwing is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Chitwing to the Metal Fabrication industry mean.
  • A Debt to Equity ratio of 136.9% means that company has ¥1.37 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Dongguan Chitwing Technology Co Ltd:

  • The MRQ is 1.369. The company is able to pay all its debts with equity. +1
  • The TTM is 1.423. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.369TTM1.423-0.054
TTM1.423YOY1.488-0.065
TTM1.4235Y1.243+0.180
5Y1.24310Y1.2430.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3690.988+0.381
TTM1.4231.004+0.419
YOY1.4880.992+0.496
5Y1.2430.990+0.253
10Y1.2431.042+0.201

2. Market Valuation of Dongguan Chitwing Technology 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 Chitwing generates.

  • Above 15 is considered overpriced but always compare Chitwing to the Metal Fabrication industry mean.
  • A PE ratio of -442.49 means the investor is paying ¥-442.49 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Dongguan Chitwing Technology Co Ltd:

  • The EOD is -251.292. Based on the earnings, the company is expensive. -2
  • The MRQ is -442.490. Based on the earnings, the company is expensive. -2
  • The TTM is -127.173. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-251.292MRQ-442.490+191.198
MRQ-442.490TTM-127.173-315.317
TTM-127.173YOY131.411-258.584
TTM-127.1735Y-0.306-126.867
5Y-0.30610Y-0.3060.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD-251.29214.886-266.178
MRQ-442.49013.177-455.667
TTM-127.17312.577-139.750
YOY131.41113.915+117.496
5Y-0.30611.908-12.214
10Y-0.30618.158-18.464
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Dongguan Chitwing Technology Co Ltd:

  • The EOD is -159.703. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -281.216. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -93.196. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-159.703MRQ-281.216+121.512
MRQ-281.216TTM-93.196-188.020
TTM-93.196YOY99.261-192.457
TTM-93.1965Y-0.101-93.095
5Y-0.10110Y-0.1010.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD-159.7033.084-162.787
MRQ-281.2162.831-284.047
TTM-93.1960.785-93.981
YOY99.261-1.173+100.434
5Y-0.1010.660-0.761
10Y-0.1010.736-0.837
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Chitwing is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Metal Fabrication industry mean).
  • A PB ratio of 12.13 means the investor is paying ¥12.13 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Dongguan Chitwing Technology Co Ltd:

  • The EOD is 6.892. Based on the equity, the company is overpriced. -1
  • The MRQ is 12.135. Based on the equity, the company is expensive. -2
  • The TTM is 4.823. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD6.892MRQ12.135-5.243
MRQ12.135TTM4.823+7.312
TTM4.823YOY1.843+2.979
TTM4.8235Y2.564+2.259
5Y2.56410Y2.5640.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD6.8921.585+5.307
MRQ12.1351.503+10.632
TTM4.8231.540+3.283
YOY1.8431.689+0.154
5Y2.5641.721+0.843
10Y2.5641.792+0.772
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Dongguan Chitwing Technology 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--0.022-0.140+727%-0.300+1445%0.209-89%0.209-89%
Book Value Per Share--3.9744.001-1%4.538-12%4.872-18%4.872-18%
Current Ratio--1.0160.895+14%0.954+6%1.120-9%1.120-9%
Debt To Asset Ratio--0.5760.585-2%0.594-3%0.550+5%0.550+5%
Debt To Equity Ratio--1.3691.423-4%1.488-8%1.243+10%1.243+10%
Dividend Per Share--0.0080.006+35%0.013-35%0.016-49%0.016-49%
Eps---0.027-0.158+479%-0.273+901%-0.056+104%-0.056+104%
Free Cash Flow Per Share---0.043-0.138+222%-0.054+27%0.034-227%0.034-227%
Free Cash Flow To Equity Per Share--0.136-0.067+149%-0.107+179%-0.001+101%-0.001+101%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--4.785--------
Intrinsic Value_10Y_min--3.987--------
Intrinsic Value_1Y_max--0.106--------
Intrinsic Value_1Y_min--0.104--------
Intrinsic Value_3Y_max--0.603--------
Intrinsic Value_3Y_min--0.570--------
Intrinsic Value_5Y_max--1.443--------
Intrinsic Value_5Y_min--1.315--------
Market Cap6749443800.000-76%11884836600.0004764340886.310+149%2096999273.735+467%2975694399.020+299%2975694399.020+299%
Net Profit Margin---0.016-0.072+365%-0.091+486%-0.024+53%-0.024+53%
Operating Margin--0.064-0.066+203%-0.089+238%-0.021+132%-0.021+132%
Operating Ratio--1.8101.891-4%1.919-6%1.861-3%1.861-3%
Pb Ratio6.892-76%12.1354.823+152%1.843+558%2.564+373%2.564+373%
Pe Ratio-251.292+43%-442.490-127.173-71%131.411-437%-0.306-100%-0.306-100%
Price Per Share27.390-76%48.23019.213+151%8.368+476%11.935+304%11.935+304%
Price To Free Cash Flow Ratio-159.703+43%-281.216-93.196-67%99.261-383%-0.101-100%-0.101-100%
Price To Total Gains Ratio900.940-76%1586.43189.576+1671%93.831+1591%-556.545+135%-556.545+135%
Quick Ratio--0.5510.448+23%0.439+26%0.460+20%0.460+20%
Return On Assets---0.003-0.016+440%-0.024+737%-0.005+83%-0.005+83%
Return On Equity---0.007-0.039+467%-0.060+765%-0.014+107%-0.014+107%
Total Gains Per Share--0.030-0.134+541%-0.288+1047%0.225-86%0.225-86%
Usd Book Value--135546991.358138197288.934-2%157397257.384-14%168572795.931-20%168572795.931-20%
Usd Book Value Change Per Share--0.003-0.019+727%-0.042+1445%0.029-89%0.029-89%
Usd Book Value Per Share--0.5500.554-1%0.628-12%0.674-18%0.674-18%
Usd Dividend Per Share--0.0010.001+35%0.002-35%0.002-49%0.002-49%
Usd Eps---0.004-0.022+479%-0.038+901%-0.008+104%-0.008+104%
Usd Free Cash Flow---1462277.776-4775342.139+227%-1886682.665+29%1168836.939-225%1168836.939-225%
Usd Free Cash Flow Per Share---0.006-0.019+222%-0.008+27%0.005-227%0.005-227%
Usd Free Cash Flow To Equity Per Share--0.019-0.009+149%-0.015+179%0.000+101%0.000+101%
Usd Market Cap934123021.920-76%1644861385.440659384778.665+149%290224699.485+467%411836104.824+299%411836104.824+299%
Usd Price Per Share3.791-76%6.6752.659+151%1.158+476%1.652+304%1.652+304%
Usd Profit---929321.616-5467168.609+488%-9457489.224+918%-1934119.024+108%-1934119.024+108%
Usd Revenue--59837225.71068644909.263-13%99452327.976-40%93025324.951-36%93025324.951-36%
Usd Total Gains Per Share--0.004-0.019+541%-0.040+1047%0.031-86%0.031-86%
 EOD+2 -6MRQTTM+29 -6YOY+27 -85Y+17 -1810Y+17 -18

3.2. Fundamental Score

Let's check the fundamental score of Dongguan Chitwing Technology Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-251.292
Price to Book Ratio (EOD)Between0-16.892
Net Profit Margin (MRQ)Greater than0-0.016
Operating Margin (MRQ)Greater than00.064
Quick Ratio (MRQ)Greater than10.551
Current Ratio (MRQ)Greater than11.016
Debt to Asset Ratio (MRQ)Less than10.576
Debt to Equity Ratio (MRQ)Less than11.369
Return on Equity (MRQ)Greater than0.15-0.007
Return on Assets (MRQ)Greater than0.05-0.003
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Dongguan Chitwing Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.147
Ma 20Greater thanMa 5031.418
Ma 50Greater thanMa 10029.470
Ma 100Greater thanMa 20031.959
OpenGreater thanClose29.550
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Net Working Capital  -98,274-74,273-172,547-19,530-192,0765,029-187,048202,35015,303



Latest Balance Sheet

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

Summary
Total Assets2,309,586
Total Liabilities1,330,200
Total Stockholder Equity971,766
 As reported
Total Liabilities 1,330,200
Total Stockholder Equity+ 971,766
Total Assets = 2,309,586

Assets

Total Assets2,309,586
Total Current Assets988,358
Long-term Assets1,321,228
Total Current Assets
Cash And Cash Equivalents 181,587
Net Receivables 536,206
Inventory 212,361
Other Current Assets 58,203
Total Current Assets  (as reported)988,358
Total Current Assets  (calculated)988,358
+/- 0
Long-term Assets
Property Plant Equipment 1,023,394
Intangible Assets 157,393
Other Assets 113,307
Long-term Assets  (as reported)1,321,228
Long-term Assets  (calculated)1,294,094
+/- 27,134

Liabilities & Shareholders' Equity

Total Current Liabilities973,055
Long-term Liabilities357,145
Total Stockholder Equity971,766
Total Current Liabilities
Short Long Term Debt 168,943
Accounts payable 626,836
Other Current Liabilities 96,144
Total Current Liabilities  (as reported)973,055
Total Current Liabilities  (calculated)891,923
+/- 81,132
Long-term Liabilities
Long term Debt 200,000
Capital Lease Obligations Min Short Term Debt97,444
Other Liabilities 52,750
Long-term Liabilities Other 339
Deferred Long Term Liability 83,047
Long-term Liabilities  (as reported)357,145
Long-term Liabilities  (calculated)433,579
+/- 76,434
Total Stockholder Equity
Common Stock246,420
Retained Earnings 165,890
Other Stockholders Equity 7,101
Total Stockholder Equity (as reported)971,766
Total Stockholder Equity (calculated)419,411
+/- 552,355
Other
Capital Stock246,420
Common Stock Shares Outstanding 246,420
Net Debt 187,355
Net Invested Capital 1,340,708
Net Tangible Assets 814,373
Net Working Capital 15,303
Property Plant and Equipment Gross 1,023,394



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-31
> Total Assets 
0
2,477,717
2,875,868
2,782,332
2,751,900
2,609,289
2,520,166
2,847,700
2,929,362
2,929,541
2,810,505
3,030,018
2,818,995
2,742,469
2,858,953
2,793,016
2,604,887
2,383,791
2,338,326
2,309,586
2,309,5862,338,3262,383,7912,604,8872,793,0162,858,9532,742,4692,818,9953,030,0182,810,5052,929,5412,929,3622,847,7002,520,1662,609,2892,751,9002,782,3322,875,8682,477,7170
   > Total Current Assets 
0
1,548,163
1,884,829
1,810,684
1,734,357
1,588,247
1,494,624
1,822,664
1,884,722
1,820,717
1,697,317
1,787,773
1,497,729
1,374,841
1,478,739
1,410,308
1,251,241
1,036,190
990,687
988,358
988,358990,6871,036,1901,251,2411,410,3081,478,7391,374,8411,497,7291,787,7731,697,3171,820,7171,884,7221,822,6641,494,6241,588,2471,734,3571,810,6841,884,8291,548,1630
       Cash And Cash Equivalents 
0
220,468
254,104
265,339
266,470
288,044
325,126
210,736
360,275
273,425
357,227
408,783
389,244
383,780
290,863
292,189
251,661
141,835
153,673
181,587
181,587153,673141,835251,661292,189290,863383,780389,244408,783357,227273,425360,275210,736325,126288,044266,470265,339254,104220,4680
       Short-term Investments 
0
0
0
0
0
0
0
109
133
0
0
108
652
411
0
0
0
4
0
0
004000411652108001331090000000
       Net Receivables 
0
451,039
693,691
453,543
729,280
539,237
506,504
839,578
793,497
783,800
681,152
698,143
653,945
539,511
741,250
720,080
651,138
378,530
560,621
536,206
536,206560,621378,530651,138720,080741,250539,511653,945698,143681,152783,800793,497839,578506,504539,237729,280453,543693,691451,0390
       Other Current Assets 
0
37,601
39,131
36,147
122,605
86,422
57,179
99,937
114,319
109,416
95,659
86,064
106,085
84,036
53,795
39,714
36,733
32,950
27,548
58,203
58,20327,54832,95036,73339,71453,79584,036106,08586,06495,659109,416114,31999,93757,17986,422122,60536,14739,13137,6010
   > Long-term Assets 
0
929,554
991,039
971,648
1,017,543
1,021,042
1,025,542
1,025,037
1,044,640
1,108,824
1,113,188
1,242,245
1,321,266
1,367,628
1,380,214
1,382,707
1,353,646
1,347,601
1,347,639
1,321,228
1,321,2281,347,6391,347,6011,353,6461,382,7071,380,2141,367,6281,321,2661,242,2451,113,1881,108,8241,044,6401,025,0371,025,5421,021,0421,017,543971,648991,039929,5540
       Property Plant Equipment 
659,584
711,703
745,523
714,592
716,875
715,343
708,142
707,940
720,065
787,965
790,734
894,685
997,263
1,035,900
1,040,859
1,047,102
1,043,663
1,042,085
1,039,569
1,023,394
1,023,3941,039,5691,042,0851,043,6631,047,1021,040,8591,035,900997,263894,685790,734787,965720,065707,940708,142715,343716,875714,592745,523711,703659,584
       Intangible Assets 
0
143,932
3,129
145,274
144,305
143,265
147,113
153,548
153,209
148,507
151,744
151,213
151,101
149,887
149,197
148,200
156,235
155,192
155,651
157,393
157,393155,651155,192156,235148,200149,197149,887151,101151,213151,744148,507153,209153,548147,113143,265144,305145,2743,129143,9320
       Long-term Assets Other 
0
29,899
46,875
50,528
90,264
95,856
83,847
782,844
86,952
85,870
86,784
108,145
56,474
68,525
76,462
65,900
27,588
27,951
26,554
12,840
12,84026,55427,95127,58865,90076,46268,52556,474108,14586,78485,87086,952782,84483,84795,85690,26450,52846,87529,8990
> Total Liabilities 
0
1,247,173
1,628,544
1,521,380
1,467,237
1,334,117
1,213,171
1,492,565
1,530,024
1,524,240
1,414,539
1,592,383
1,651,662
1,620,449
1,735,660
1,656,608
1,574,820
1,389,554
1,347,874
1,330,200
1,330,2001,347,8741,389,5541,574,8201,656,6081,735,6601,620,4491,651,6621,592,3831,414,5391,524,2401,530,0241,492,5651,213,1711,334,1171,467,2371,521,3801,628,5441,247,1730
   > Total Current Liabilities 
0
1,177,500
1,577,966
1,437,862
1,402,943
1,279,780
1,163,566
1,444,121
1,493,604
1,415,425
1,309,754
1,437,484
1,500,284
1,452,823
1,578,247
1,508,583
1,423,788
1,228,266
1,177,734
973,055
973,0551,177,7341,228,2661,423,7881,508,5831,578,2471,452,8231,500,2841,437,4841,309,7541,415,4251,493,6041,444,1211,163,5661,279,7801,402,9431,437,8621,577,9661,177,5000
       Short-term Debt 
0
139,487
231,653
186,007
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000186,007231,653139,4870
       Short Long Term Debt 
0
139,487
231,653
186,007
119,200
119,200
154,674
154,674
132,625
119,575
100,000
150,010
160,010
160,010
160,010
110,000
214,123
228,000
299,751
168,943
168,943299,751228,000214,123110,000160,010160,010160,010150,010100,000119,575132,625154,674154,674119,200119,200186,007231,653139,4870
       Accounts payable 
0
816,907
1,104,991
1,020,299
1,065,829
956,464
831,413
1,099,711
1,184,764
1,175,894
1,107,873
1,161,893
1,181,274
1,144,320
1,234,227
1,224,153
987,442
836,485
678,775
626,836
626,836678,775836,485987,4421,224,1531,234,2271,144,3201,181,2741,161,8931,107,8731,175,8941,184,7641,099,711831,413956,4641,065,8291,020,2991,104,991816,9070
       Other Current Liabilities 
0
90,810
91,037
86,390
61,847
94,179
51,672
94,806
52,509
69,772
28,422
76,927
32,755
63,932
35,535
94,757
28,231
4,765
53,151
96,144
96,14453,1514,76528,23194,75735,53563,93232,75576,92728,42269,77252,50994,80651,67294,17961,84786,39091,03790,8100
   > Long-term Liabilities 
0
69,673
50,579
83,519
64,294
54,337
49,605
48,444
36,420
108,814
104,786
154,899
151,377
167,626
157,413
148,026
151,032
161,287
170,140
357,145
357,145170,140161,287151,032148,026157,413167,626151,377154,899104,786108,81436,42048,44449,60554,33764,29483,51950,57969,6730
       Capital Lease Obligations Min Short Term Debt
0
-139,487
-231,653
-186,007
0
0
0
0
0
71,987
68,118
118,392
116,838
124,314
114,840
106,191
109,547
105,634
106,877
97,444
97,444106,877105,634109,547106,191114,840124,314116,838118,39268,11871,98700000-186,007-231,653-139,4870
       Other Liabilities 
1,073
1,839
2,628
53,295
46,795
46,665
46,785
46,766
36,134
35,884
35,884
35,884
34,540
43,311
42,573
41,834
41,292
0
53,845
52,750
52,75053,845041,29241,83442,57343,31134,54035,88435,88435,88436,13446,76646,78546,66546,79553,2952,6281,8391,073
> Total Stockholder Equity
0
1,231,587
1,251,851
1,271,113
1,297,876
1,292,848
1,328,174
1,362,285
1,408,892
1,415,226
1,406,376
1,411,914
1,148,116
1,104,305
1,106,924
1,120,221
1,022,300
986,624
980,362
971,766
971,766980,362986,6241,022,3001,120,2211,106,9241,104,3051,148,1161,411,9141,406,3761,415,2261,408,8921,362,2851,328,1741,292,8481,297,8761,271,1131,251,8511,231,5870
   Common Stock
240,000
251,478
251,478
251,478
251,478
251,478
250,945
250,945
250,945
250,612
250,612
250,612
250,612
250,612
250,612
250,612
246,420
0
246,420
246,420
246,420246,4200246,420250,612250,612250,612250,612250,612250,612250,612250,945250,945250,945251,478251,478251,478251,478251,478240,000
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
4,409
2,143
4,688
6,854
6,922
8,392
9,144
4,543
-445
-93
-2,301
-2,340
4,944
-609
1,051
-1,783
4,032
0
8,983
7,101
7,1018,98304,032-1,7831,051-6094,944-2,340-2,301-93-4454,5439,1448,3926,9226,8544,6882,1434,409



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 (+$)
totalRevenue1,983,957
Cost of Revenue-1,711,446
Gross Profit272,511272,511
 
Operating Income (+$)
Gross Profit272,511
Operating Expense-2,050,328
Operating Income-66,371-1,777,817
 
Operating Expense (+$)
Research Development61,044
Selling General Administrative73,100
Selling And Marketing Expenses-
Operating Expense2,050,328134,144
 
Net Interest Income (+$)
Interest Income1,127
Interest Expense-17,423
Other Finance Cost-24,933
Net Interest Income-41,229
 
Pretax Income (+$)
Operating Income-66,371
Net Interest Income-41,229
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-160,876-66,371
EBIT - interestExpense = -17,423
-158,011
-140,587
Interest Expense17,423
Earnings Before Interest and Taxes (EBIT)--143,453
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-160,876
Tax Provision-7,107
Net Income From Continuing Ops-167,983-167,983
Net Income-158,011
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-41,229
 

Technical Analysis of Chitwing
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 Chitwing. The general trend of Chitwing is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Chitwing's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Dongguan Chitwing Technology 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: 33.50 < 35.00 < 47.09.

The bearish price targets are: 19.04 > 14.79 > 10.99.

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Dongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

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

Dongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd. The current macd is 0.06916049.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Chitwing price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Chitwing. 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 Chitwing 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
Dongguan Chitwing Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartDongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd. The current adx is 12.41.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-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 Chitwing shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Dongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd. The current sar is 33.56.

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
Dongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd. The current rsi is 39.15. 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
Dongguan Chitwing Technology Co Ltd Daily Relative Strength Index (RSI) ChartDongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Chitwing price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Dongguan Chitwing Technology Co Ltd Daily Stochastic Oscillator ChartDongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd. The current cci is -206.44284071.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Dongguan Chitwing Technology Co Ltd Daily Commodity Channel Index (CCI) ChartDongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd. The current cmo is -38.8491313.

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
Dongguan Chitwing Technology Co Ltd Daily Chande Momentum Oscillator (CMO) ChartDongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd. The current willr is -100.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Dongguan Chitwing Technology Co Ltd Daily Williams %R ChartDongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd.

Dongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd. The current atr is 1.76770024.

Dongguan Chitwing Technology Co Ltd Daily Average True Range (ATR) ChartDongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd. The current obv is 805,072,011.

Dongguan Chitwing Technology Co Ltd Daily On-Balance Volume (OBV) ChartDongguan Chitwing Technology 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 Dongguan Chitwing Technology Co Ltd. The current mfi is 46.14.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Dongguan Chitwing Technology Co Ltd Daily Money Flow Index (MFI) ChartDongguan Chitwing Technology Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Dongguan Chitwing Technology Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Dongguan Chitwing Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.147
Ma 20Greater thanMa 5031.418
Ma 50Greater thanMa 10029.470
Ma 100Greater thanMa 20031.959
OpenGreater thanClose29.550
Total3/5 (60.0%)
Penke

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