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Guangzhou Jointas Chemical Joint Stock Co Ltd
Buy, Hold or Sell?

Let's analyse Jointas together

PenkeI guess you are interested in Guangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock 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 Jointas (30 sec.)










What can you expect buying and holding a share of Jointas? (30 sec.)

How much money do you get?

How much money do you get?
¥0.01
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥2.15
Expected worth in 1 year
¥2.28
How sure are you?
73.7%

+ What do you gain per year?

Total Gains per Share
¥0.22
Return On Investment
3.9%

For what price can you sell your share?

Current Price per Share
¥5.75
Expected price per share
¥4.16 - ¥7.19
How sure are you?
50%

1. Valuation of Jointas (5 min.)




Live pricePrice per Share (EOD)

¥5.75

Intrinsic Value Per Share

¥1.60 - ¥2.07

Total Value Per Share

¥3.75 - ¥4.22

2. Growth of Jointas (5 min.)




Is Jointas growing?

Current yearPrevious yearGrowGrow %
How rich?$118.7m$113.7m$4.5m3.8%

How much money is Jointas making?

Current yearPrevious yearGrowGrow %
Making money$697.3k$1m-$402.4k-57.7%
Net Profit Margin1.4%1.9%--

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

3. Financial Health of Jointas (5 min.)




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




  Industry Rankings (Specialty Chemicals)  


Richest
#342 / 565

Most Revenue
#364 / 565

Most Profit
#373 / 565

Most Efficient
#373 / 565

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

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

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

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

Speculation

The Price per Share of Jointas is ¥5.75. 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 Jointas.
  • 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 Jointas, 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 ¥2.15. Based on the TTM, the Book Value Change Per Share is ¥0.03 per quarter. Based on the YOY, the Book Value Change Per Share is ¥-0.03 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 ¥0.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Jointas.

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%0.000.0%0.000.0%0.010.1%0.010.1%
Usd Book Value Change Per Share0.000.0%0.000.1%0.00-0.1%0.020.3%0.020.3%
Usd Dividend Per Share0.000.0%0.000.1%0.000.1%0.000.1%0.000.1%
Usd Total Gains Per Share0.000.1%0.010.1%0.000.0%0.020.3%0.020.3%
Usd Price Per Share1.10-1.14-1.40-1.34-1.34-
Price to Earnings Ratio123.13-390.25-942.29-406.66-406.66-
Price-to-Total Gains Ratio247.19-238.20--501.44-18.88-18.88-
Price to Book Ratio3.69-3.84-4.95-5.85-5.85-
Price-to-Total Gains Ratio247.19-238.20--501.44-18.88-18.88-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.7958
Number of shares1256
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.02
Usd Total Gains Per Share0.010.02
Gains per Quarter (1256 shares)9.7324.75
Gains per Year (1256 shares)38.9299.00
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1172229207989
233446841157188
3506710761236287
4678914681315386
584111185101394485
6100133224122472584
7117155263142551683
8134178302162630782
9150200341182708881
10167222380203787980

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%6.06.00.050.0%12.07.00.063.2%12.07.00.063.2%12.07.00.063.2%
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 Share4.00.00.0100.0%7.05.00.058.3%14.05.00.073.7%14.05.00.073.7%14.05.00.073.7%

Fundamentals of Jointas

About Guangzhou Jointas Chemical Joint Stock Co Ltd

Guangzhou Jointas Chemical Co., Ltd. research, development, production, and sale of sealants and coatings in the People's Republic of China. The company offers door and window, hollow, assembly, curtain wall, insulating glass, house and home, ship building and automotive, and container sealants, as well as construction adhesives; interior, exterior, and metal paints; electronic adhesive materials; and improvement, electronic, automobile and ship, solar energy, and photovoltaic glue products. It sells its products under the Antai and Jitai brands. The company was founded in 1989 and is headquartered in Guangzhou, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-11 01:44:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just 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 Guangzhou Jointas Chemical Joint Stock Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Jointas to the Specialty Chemicals industry mean.
  • A Net Profit Margin of 1.8% 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 Guangzhou Jointas Chemical Joint Stock Co Ltd:

  • The MRQ is 1.8%. The company is making a profit. +1
  • The TTM is 1.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.4%+0.4%
TTM1.4%YOY1.9%-0.5%
TTM1.4%5Y4.3%-2.9%
5Y4.3%10Y4.3%0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%4.2%-2.4%
TTM1.4%4.2%-2.8%
YOY1.9%6.4%-4.5%
5Y4.3%6.0%-1.7%
10Y4.3%6.0%-1.7%
1.1.2. Return on Assets

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

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

Let's take a look of the Return on Assets trends of Guangzhou Jointas Chemical Joint Stock Co Ltd:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM0.3%+0.1%
TTM0.3%YOY0.4%-0.2%
TTM0.3%5Y1.2%-0.9%
5Y1.2%10Y1.2%0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%1.1%-0.8%
TTM0.3%1.1%-0.8%
YOY0.4%1.7%-1.3%
5Y1.2%1.6%-0.4%
10Y1.2%1.7%-0.5%
1.1.3. Return on Equity

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

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

Let's take a look of the Return on Equity trends of Guangzhou Jointas Chemical Joint Stock Co Ltd:

  • The MRQ is 0.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM0.6%+0.2%
TTM0.6%YOY1.0%-0.4%
TTM0.6%5Y2.4%-1.8%
5Y2.4%10Y2.4%0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%2.2%-1.5%
TTM0.6%2.0%-1.4%
YOY1.0%3.2%-2.2%
5Y2.4%2.7%-0.3%
10Y2.4%2.8%-0.4%

1.2. Operating Efficiency of Guangzhou Jointas Chemical Joint Stock Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Jointas is operating .

  • Measures how much profit Jointas 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 Jointas to the Specialty Chemicals industry mean.
  • An Operating Margin of 3.3% means the company generated ¥0.03  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Guangzhou Jointas Chemical Joint Stock Co Ltd:

  • The MRQ is 3.3%. The company is operating less efficient.
  • The TTM is 5.3%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ3.3%TTM5.3%-2.0%
TTM5.3%YOY3.5%+1.8%
TTM5.3%5Y6.6%-1.2%
5Y6.6%10Y6.6%0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3%7.5%-4.2%
TTM5.3%4.8%+0.5%
YOY3.5%8.2%-4.7%
5Y6.6%8.1%-1.5%
10Y6.6%7.3%-0.7%
1.2.2. Operating Ratio

Measures how efficient Jointas is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 1.70 means that the operating costs are ¥1.70 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Guangzhou Jointas Chemical Joint Stock Co Ltd:

  • The MRQ is 1.702. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.703. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.702TTM1.703-0.001
TTM1.703YOY1.738-0.035
TTM1.7035Y1.656+0.047
5Y1.65610Y1.6560.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7021.529+0.173
TTM1.7031.530+0.173
YOY1.7381.459+0.279
5Y1.6561.462+0.194
10Y1.6561.229+0.427

1.3. Liquidity of Guangzhou Jointas Chemical Joint Stock Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 0.89 means the company has ¥0.89 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Guangzhou Jointas Chemical Joint Stock Co Ltd:

  • The MRQ is 0.894. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.912. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.894TTM0.912-0.018
TTM0.912YOY1.062-0.149
TTM0.9125Y1.250-0.338
5Y1.25010Y1.2500.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8941.831-0.937
TTM0.9121.875-0.963
YOY1.0621.896-0.834
5Y1.2501.926-0.676
10Y1.2501.762-0.512
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Jointas to the Specialty Chemicals industry mean.
  • A Quick Ratio of 0.59 means the company can pay off ¥0.59 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Guangzhou Jointas Chemical Joint Stock Co Ltd:

  • The MRQ is 0.585. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.588. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.585TTM0.588-0.003
TTM0.588YOY0.634-0.046
TTM0.5885Y0.694-0.105
5Y0.69410Y0.6940.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5850.846-0.261
TTM0.5880.884-0.296
YOY0.6340.966-0.332
5Y0.6941.049-0.355
10Y0.6941.030-0.336

1.4. Solvency of Guangzhou Jointas Chemical Joint Stock Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Jointas to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.58 means that Jointas assets are financed with 57.8% credit (debt) and the remaining percentage (100% - 57.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Guangzhou Jointas Chemical Joint Stock Co Ltd:

  • The MRQ is 0.578. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.558. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.578TTM0.558+0.021
TTM0.558YOY0.569-0.012
TTM0.5585Y0.524+0.034
5Y0.52410Y0.5240.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5780.431+0.147
TTM0.5580.427+0.131
YOY0.5690.426+0.143
5Y0.5240.433+0.091
10Y0.5240.439+0.085
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Jointas to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 137.3% 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 Guangzhou Jointas Chemical Joint Stock Co Ltd:

  • The MRQ is 1.373. The company is able to pay all its debts with equity. +1
  • The TTM is 1.264. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.373TTM1.264+0.109
TTM1.264YOY1.325-0.061
TTM1.2645Y1.121+0.143
5Y1.12110Y1.1210.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3730.767+0.606
TTM1.2640.752+0.512
YOY1.3250.747+0.578
5Y1.1210.797+0.324
10Y1.1210.845+0.276

2. Market Valuation of Guangzhou Jointas Chemical Joint Stock 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 Jointas generates.

  • Above 15 is considered overpriced but always compare Jointas to the Specialty Chemicals industry mean.
  • A PE ratio of 123.13 means the investor is paying ¥123.13 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Guangzhou Jointas Chemical Joint Stock Co Ltd:

  • The EOD is 89.167. Based on the earnings, the company is expensive. -2
  • The MRQ is 123.129. Based on the earnings, the company is expensive. -2
  • The TTM is 390.250. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD89.167MRQ123.129-33.961
MRQ123.129TTM390.250-267.122
TTM390.250YOY942.292-552.042
TTM390.2505Y406.658-16.408
5Y406.65810Y406.6580.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD89.16715.013+74.154
MRQ123.12913.988+109.141
TTM390.25015.705+374.545
YOY942.29217.841+924.451
5Y406.65819.498+387.160
10Y406.65823.950+382.708
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Guangzhou Jointas Chemical Joint Stock Co Ltd:

  • The EOD is -6.354. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -8.774. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -8.484. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.354MRQ-8.774+2.420
MRQ-8.774TTM-8.484-0.290
TTM-8.484YOY165.519-174.003
TTM-8.4845Y61.702-70.186
5Y61.70210Y61.7020.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-6.3545.077-11.431
MRQ-8.7744.568-13.342
TTM-8.4842.302-10.786
YOY165.519-0.150+165.669
5Y61.7023.140+58.562
10Y61.7022.653+59.049
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 3.69 means the investor is paying ¥3.69 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Guangzhou Jointas Chemical Joint Stock Co Ltd:

  • The EOD is 2.673. Based on the equity, the company is underpriced. +1
  • The MRQ is 3.691. Based on the equity, the company is fair priced.
  • The TTM is 3.838. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.673MRQ3.691-1.018
MRQ3.691TTM3.838-0.147
TTM3.838YOY4.947-1.108
TTM3.8385Y5.849-2.010
5Y5.84910Y5.8490.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD2.6731.713+0.960
MRQ3.6911.781+1.910
TTM3.8381.854+1.984
YOY4.9472.306+2.641
5Y5.8492.351+3.498
10Y5.8492.842+3.007
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Guangzhou Jointas Chemical Joint Stock 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--0.0200.032-37%-0.027+233%0.113-82%0.113-82%
Book Value Per Share--2.1512.143+0%2.061+4%1.802+19%1.802+19%
Current Ratio--0.8940.912-2%1.062-16%1.250-28%1.250-28%
Debt To Asset Ratio--0.5780.558+4%0.569+2%0.524+10%0.524+10%
Debt To Equity Ratio--1.3731.264+9%1.325+4%1.121+22%1.121+22%
Dividend Per Share--0.0120.024-51%0.026-55%0.029-59%0.029-59%
Eps--0.0160.013+28%0.020-19%0.036-56%0.036-56%
Free Cash Flow Per Share---0.226-0.080-65%-0.061-73%-0.077-66%-0.077-66%
Free Cash Flow To Equity Per Share---0.0070.019-135%-0.048+629%0.003-300%0.003-300%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2.071--------
Intrinsic Value_10Y_min--1.596--------
Intrinsic Value_1Y_max---0.257--------
Intrinsic Value_1Y_min---0.253--------
Intrinsic Value_3Y_max---0.418--------
Intrinsic Value_3Y_min---0.406--------
Intrinsic Value_5Y_max---0.152--------
Intrinsic Value_5Y_min---0.172--------
Market Cap2293358704.000-38%3166829236.4803281497171.680-3%4035314206.560-22%3861657097.043-18%3861657097.043-18%
Net Profit Margin--0.0180.014+26%0.019-6%0.043-59%0.043-59%
Operating Margin--0.0330.053-38%0.035-5%0.066-50%0.066-50%
Operating Ratio--1.7021.7030%1.738-2%1.656+3%1.656+3%
Pb Ratio2.673-38%3.6913.838-4%4.947-25%5.849-37%5.849-37%
Pe Ratio89.167-38%123.129390.250-68%942.292-87%406.658-70%406.658-70%
Price Per Share5.750-38%7.9408.228-3%10.118-22%9.682-18%9.682-18%
Price To Free Cash Flow Ratio-6.354+28%-8.774-8.484-3%165.519-105%61.702-114%61.702-114%
Price To Total Gains Ratio179.008-38%247.187238.202+4%-501.442+303%18.881+1209%18.881+1209%
Quick Ratio--0.5850.588-1%0.634-8%0.694-16%0.694-16%
Return On Assets--0.0030.003+24%0.004-25%0.012-73%0.012-73%
Return On Equity--0.0070.006+27%0.010-21%0.024-69%0.024-69%
Total Gains Per Share--0.0320.056-43%-0.001+102%0.142-77%0.142-77%
Usd Book Value--118739082.717118313148.246+0%113793244.741+4%99489405.816+19%99489405.816+19%
Usd Book Value Change Per Share--0.0030.004-37%-0.004+233%0.016-82%0.016-82%
Usd Book Value Per Share--0.2980.297+0%0.285+4%0.249+19%0.249+19%
Usd Dividend Per Share--0.0020.003-51%0.004-55%0.004-59%0.004-59%
Usd Eps--0.0020.002+28%0.003-19%0.005-56%0.005-56%
Usd Free Cash Flow---12487899.480-4427045.149-65%-3343568.076-73%-4270969.410-66%-4270969.410-66%
Usd Free Cash Flow Per Share---0.031-0.011-65%-0.008-73%-0.011-66%-0.011-66%
Usd Free Cash Flow To Equity Per Share---0.0010.003-135%-0.007+629%0.000-300%0.000-300%
Usd Market Cap317400844.634-38%438289166.329454159208.561-3%558487486.188-22%534453342.231-18%534453342.231-18%
Usd Price Per Share0.796-38%1.0991.139-3%1.400-22%1.340-18%1.340-18%
Usd Profit--889901.159697317.138+28%1099786.572-19%2002439.468-56%2002439.468-56%
Usd Revenue--50513025.28046277010.274+9%53772357.105-6%46630565.235+8%46630565.235+8%
Usd Total Gains Per Share--0.0040.008-43%0.000+102%0.020-77%0.020-77%
 EOD+3 -5MRQTTM+16 -19YOY+15 -205Y+9 -2610Y+9 -26

3.2. Fundamental Score

Let's check the fundamental score of Guangzhou Jointas Chemical Joint Stock Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1589.167
Price to Book Ratio (EOD)Between0-12.673
Net Profit Margin (MRQ)Greater than00.018
Operating Margin (MRQ)Greater than00.033
Quick Ratio (MRQ)Greater than10.585
Current Ratio (MRQ)Greater than10.894
Debt to Asset Ratio (MRQ)Less than10.578
Debt to Equity Ratio (MRQ)Less than11.373
Return on Equity (MRQ)Greater than0.150.007
Return on Assets (MRQ)Greater than0.050.003
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Guangzhou Jointas Chemical Joint Stock Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.011
Ma 20Greater thanMa 505.748
Ma 50Greater thanMa 1005.995
Ma 100Greater thanMa 2006.864
OpenGreater thanClose5.600
Total0/5 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets2,035,153
Total Liabilities1,177,211
Total Stockholder Equity857,658
 As reported
Total Liabilities 1,177,211
Total Stockholder Equity+ 857,658
Total Assets = 2,035,153

Assets

Total Assets2,035,153
Total Current Assets920,053
Long-term Assets1,115,100
Total Current Assets
Cash And Cash Equivalents 155,221
Net Receivables 602,455
Inventory 113,546
Other Current Assets 48,830
Total Current Assets  (as reported)920,053
Total Current Assets  (calculated)920,053
+/- 0
Long-term Assets
Property Plant Equipment 567,618
Goodwill 24,915
Intangible Assets 359,710
Other Assets 111,177
Long-term Assets  (as reported)1,115,100
Long-term Assets  (calculated)1,063,421
+/- 51,679

Liabilities & Shareholders' Equity

Total Current Liabilities1,029,035
Long-term Liabilities148,176
Total Stockholder Equity857,658
Total Current Liabilities
Short Long Term Debt 473,798
Accounts payable 322,392
Other Current Liabilities 140,223
Total Current Liabilities  (as reported)1,029,035
Total Current Liabilities  (calculated)936,413
+/- 92,623
Long-term Liabilities
Long term Debt 53,496
Capital Lease Obligations Min Short Term Debt6,461
Other Liabilities 9,847
Deferred Long Term Liability 23,627
Long-term Liabilities  (as reported)148,176
Long-term Liabilities  (calculated)93,430
+/- 54,746
Total Stockholder Equity
Common Stock372,752
Retained Earnings 230,819
Other Stockholders Equity 17,590
Total Stockholder Equity (as reported)857,658
Total Stockholder Equity (calculated)621,162
+/- 236,496
Other
Capital Stock372,752
Common Stock Shares Outstanding 372,752
Net Debt 372,072
Net Invested Capital 1,384,951
Net Tangible Assets 473,032
Net Working Capital -108,982
Property Plant and Equipment Gross 567,618



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
815,876
944,208
942,003
998,982
1,006,511
1,068,639
1,239,818
1,649,088
1,696,260
1,720,304
1,760,755
1,889,106
1,899,879
1,919,279
1,928,190
1,889,794
1,847,943
1,965,736
2,035,153
2,035,1531,965,7361,847,9431,889,7941,928,1901,919,2791,899,8791,889,1061,760,7551,720,3041,696,2601,649,0881,239,8181,068,6391,006,511998,982942,003944,208815,876
   > Total Current Assets 
519,652
642,546
633,187
654,708
668,211
708,266
761,460
1,043,782
1,055,009
1,056,374
1,055,114
1,183,254
1,062,461
1,027,298
1,015,614
919,335
805,605
900,184
920,053
920,053900,184805,605919,3351,015,6141,027,2981,062,4611,183,2541,055,1141,056,3741,055,0091,043,782761,460708,266668,211654,708633,187642,546519,652
       Cash And Cash Equivalents 
135,485
168,239
130,081
244,622
194,552
153,437
101,034
505,215
424,193
296,752
236,238
411,173
243,608
208,009
179,370
203,120
90,968
158,470
155,221
155,221158,47090,968203,120179,370208,009243,608411,173236,238296,752424,193505,215101,034153,437194,552244,622130,081168,239135,485
       Net Receivables 
227,559
321,263
309,928
323,835
316,017
475,911
561,985
426,874
459,121
608,172
605,654
636,955
598,733
663,185
668,484
562,828
543,568
575,796
602,455
602,455575,796543,568562,828668,484663,185598,733636,955605,654608,172459,121426,874561,985475,911316,017323,835309,928321,263227,559
       Inventory 
69,827
85,936
88,351
65,708
115,531
66,767
81,919
93,811
142,616
121,133
160,818
108,230
178,081
124,039
128,737
107,714
114,518
110,660
113,546
113,546110,660114,518107,714128,737124,039178,081108,230160,818121,133142,61693,81181,91966,767115,53165,70888,35185,93669,827
       Other Current Assets 
16,626
22,432
21,087
20,515
42,111
12,151
16,522
17,882
29,078
30,317
52,404
26,896
42,040
32,066
39,024
45,672
56,551
55,259
48,830
48,83055,25956,55145,67239,02432,06642,04026,89652,40430,31729,07817,88216,52212,15142,11120,51521,08722,43216,626
   > Long-term Assets 
296,224
301,662
308,816
344,274
338,300
360,373
478,358
605,305
641,252
663,930
705,641
705,852
837,418
891,980
912,576
970,459
1,042,338
1,065,552
1,115,100
1,115,1001,065,5521,042,338970,459912,576891,980837,418705,852705,641663,930641,252605,305478,358360,373338,300344,274308,816301,662296,224
       Property Plant Equipment 
228,081
227,760
240,823
257,799
252,900
250,487
252,473
257,420
267,457
272,252
332,177
366,796
370,496
401,491
422,140
498,417
525,975
562,450
567,618
567,618562,450525,975498,417422,140401,491370,496366,796332,177272,252267,457257,420252,473250,487252,900257,799240,823227,760228,081
       Goodwill 
0
0
0
24,915
24,915
24,915
24,915
24,915
24,915
24,915
24,915
24,915
24,915
24,915
24,915
24,915
24,915
24,915
24,915
24,91524,91524,91524,91524,91524,91524,91524,91524,91524,91524,91524,91524,91524,91524,91524,915000
       Intangible Assets 
35,788
4,847
35,095
39,176
38,581
38,456
37,895
37,698
258,538
256,555
254,508
254,638
372,933
370,260
367,713
366,015
363,333
361,174
359,710
359,710361,174363,333366,015367,713370,260372,933254,638254,508256,555258,53837,69837,89538,45638,58139,17635,0954,84735,788
       Other Assets 
32,355
38,333
32,897
22,383
21,903
26,515
143,075
265,271
70,341
90,208
74,040
39,503
49,073
75,314
77,807
58,035
76,436
65,333
111,177
111,17765,33376,43658,03577,80775,31449,07339,50374,04090,20870,341265,271143,07526,51521,90322,38332,89738,33332,355
> Total Liabilities 
369,996
483,483
455,949
471,647
477,808
540,556
668,626
779,819
842,441
891,487
910,680
1,044,387
1,064,152
1,117,896
1,121,198
1,035,171
990,914
1,115,873
1,177,211
1,177,2111,115,873990,9141,035,1711,121,1981,117,8961,064,1521,044,387910,680891,487842,441779,819668,626540,556477,808471,647455,949483,483369,996
   > Total Current Liabilities 
361,594
432,208
406,296
399,985
410,706
500,598
582,402
708,649
770,107
826,871
829,000
978,793
986,125
1,033,312
1,050,717
979,110
897,427
979,712
1,029,035
1,029,035979,712897,427979,1101,050,7171,033,312986,125978,793829,000826,871770,107708,649582,402500,598410,706399,985406,296432,208361,594
       Short-term Debt 
111,990
112,390
104,990
140,350
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000140,350104,990112,390111,990
       Short Long Term Debt 
111,990
112,390
104,990
140,350
156,334
177,334
227,439
204,365
213,132
211,702
277,456
328,382
326,758
397,849
382,855
439,792
364,732
390,553
473,798
473,798390,553364,732439,792382,855397,849326,758328,382277,456211,702213,132204,365227,439177,334156,334140,350104,990112,390111,990
       Accounts payable 
218,055
270,401
246,898
188,121
202,332
234,109
268,828
379,299
433,926
466,483
409,754
348,607
419,306
395,308
411,958
278,866
273,735
326,178
322,392
322,392326,178273,735278,866411,958395,308419,306348,607409,754466,483433,926379,299268,828234,109202,332188,121246,898270,401218,055
       Other Current Liabilities 
0
0
40,842
23,011
43,191
31,644
56,973
44,188
65,483
86,740
83,660
221,781
156,354
136,484
167,867
173,586
152,330
154,125
140,223
140,223154,125152,330173,586167,867136,484156,354221,78183,66086,74065,48344,18856,97331,64443,19123,01140,84200
   > Long-term Liabilities 
8,403
51,275
49,653
71,662
67,102
39,958
86,224
71,171
72,334
64,616
81,680
65,594
78,027
84,584
70,481
56,061
93,487
136,161
148,176
148,176136,16193,48756,06170,48184,58478,02765,59481,68064,61672,33471,17186,22439,95867,10271,66249,65351,2758,403
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
9,179
8,216
7,253
5,950
4,863
9,939
9,429
8,997
7,502
6,597
6,461
6,4616,5977,5028,9979,4299,9394,8635,9507,2538,2169,17900000000
       Other Liabilities 
8,403
51,275
49,653
15,992
16,320
15,906
15,487
15,027
16,030
14,575
14,121
12,411
62,475
11,466
11,043
41,719
80,640
10,270
9,847
9,84710,27080,64041,71911,04311,46662,47512,41114,12114,57516,03015,02715,48715,90616,32015,99249,65351,2758,403
> Total Stockholder Equity
445,880
460,725
486,054
519,877
521,153
519,979
562,550
860,796
845,559
821,382
841,843
842,570
834,769
800,964
806,572
854,319
856,722
849,571
857,658
857,658849,571856,722854,319806,572800,964834,769842,570841,843821,382845,559860,796562,550519,979521,153519,877486,054460,725445,880
   Common Stock
168,000
168,000
168,000
168,000
168,000
233,803
233,803
266,518
266,518
266,518
372,752
372,752
372,752
372,752
372,752
372,752
372,752
372,752
372,752
372,752372,752372,752372,752372,752372,752372,752372,752372,752266,518266,518266,518233,803233,803168,000168,000168,000168,000168,000
   Retained Earnings 
89,788
93,546
118,639
168,217
169,157
167,609
212,406
229,868
233,265
206,230
215,825
240,719
241,274
223,636
229,221
232,492
233,254
224,389
230,819
230,819224,389233,254232,492229,221223,636241,274240,719215,825206,230233,265229,868212,406167,609169,157168,217118,63993,54689,788
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
12,311
12,400
12,634
12,727
13,063
12,997
13,150
13,302
13,480
13,686
13,891
14,925
15,310
15,682
16,036
16,613
16,909
17,278
17,590
17,59017,27816,90916,61316,03615,68215,31014,92513,89113,68613,48013,30213,15012,99713,06312,72712,63412,40012,311



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 (+$)
totalRevenue1,337,486
Cost of Revenue-999,047
Gross Profit338,439338,439
 
Operating Income (+$)
Gross Profit338,439
Operating Expense-1,277,548
Operating Income59,937-939,110
 
Operating Expense (+$)
Research Development63,809
Selling General Administrative162,907
Selling And Marketing Expenses-
Operating Expense1,277,548226,715
 
Net Interest Income (+$)
Interest Income3,664
Interest Expense--
Other Finance Cost-34,691
Net Interest Income-31,027
 
Pretax Income (+$)
Operating Income59,937
Net Interest Income-31,027
Other Non-Operating Income Expenses-
Income Before Tax (EBT)20,68859,937
EBIT - interestExpense = 0
20,154
20,154
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-20,688
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax20,688
Tax Provision-524
Net Income From Continuing Ops20,16420,164
Net Income20,154
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-31,027
 

Technical Analysis of Jointas
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 Jointas. The general trend of Jointas is BEARISH with 71.4% 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 Jointas'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 (-71.4%) Bearish trend (71.4%)
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 Guangzhou Jointas Chemical Joint Stock 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: 6.15 < 7.15 < 7.19.

The bearish price targets are: 4.16.

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Guangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is 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

Guangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd. The current macd is -0.00037025.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-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 Jointas price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Jointas. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Jointas price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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
Guangzhou Jointas Chemical Joint Stock Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartGuangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd. The current adx is 12.52.

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 Jointas 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.
Guangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd. The current sar is 6.0937632.

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
Guangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd. The current rsi is 48.01. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Guangzhou Jointas Chemical Joint Stock Co Ltd Daily Relative Strength Index (RSI) ChartGuangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd. The current phase is Continuation in bear market.

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

  • STOCH < 50: The STOCH %K is 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 Jointas price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Guangzhou Jointas Chemical Joint Stock Co Ltd Daily Stochastic Oscillator ChartGuangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd. The current cci is -8.62790548.

Guangzhou Jointas Chemical Joint Stock Co Ltd Daily Commodity Channel Index (CCI) ChartGuangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd. The current cmo is -4.46506491.

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
Guangzhou Jointas Chemical Joint Stock Co Ltd Daily Chande Momentum Oscillator (CMO) ChartGuangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd. The current willr is -61.53846154.

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 Jointas is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Guangzhou Jointas Chemical Joint Stock Co Ltd Daily Williams %R ChartGuangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd.

Guangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd. The current atr is 0.23478368.

Guangzhou Jointas Chemical Joint Stock Co Ltd Daily Average True Range (ATR) ChartGuangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd. The current obv is 205,930,647.

Guangzhou Jointas Chemical Joint Stock Co Ltd Daily On-Balance Volume (OBV) ChartGuangzhou Jointas Chemical Joint Stock 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 Guangzhou Jointas Chemical Joint Stock Co Ltd. The current mfi is 62.86.

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
Guangzhou Jointas Chemical Joint Stock Co Ltd Daily Money Flow Index (MFI) ChartGuangzhou Jointas Chemical Joint Stock Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Guangzhou Jointas Chemical Joint Stock Co Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20CCI 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.
2023-11-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24MACD 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.
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
2023-11-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-30DMI 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.
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).
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08STOCH 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).
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
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
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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-29DMI 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.
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).
2024-01-31STOCH 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.
2024-02-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-26CMO LONG ENTRY SHORT CLOSEZero line 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.
2024-03-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19STOCH 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

Guangzhou Jointas Chemical Joint Stock Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Guangzhou Jointas Chemical Joint Stock Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.011
Ma 20Greater thanMa 505.748
Ma 50Greater thanMa 1005.995
Ma 100Greater thanMa 2006.864
OpenGreater thanClose5.600
Total0/5 (0.0%)
Penke

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