25 XP   0   0   10

Qingdao Rural Commercial Bank Corp Class A
Buy, Hold or Sell?

Let's analyse Qingdao Rural Commercial Bank Corp Class A together

PenkeI guess you are interested in Qingdao Rural Commercial Bank Corp Class A. 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 Qingdao Rural Commercial Bank Corp Class A. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

Get notifications about Qingdao Rural Commercial Bank Corp Class A

I send you an email if I find something interesting about Qingdao Rural Commercial Bank Corp Class A.

Quick analysis of Qingdao Rural Commercial Bank Corp Class A (30 sec.)










What can you expect buying and holding a share of Qingdao Rural Commercial Bank Corp Class A? (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
¥7.10
Expected worth in 1 year
¥7.51
How sure are you?
94.7%

+ What do you gain per year?

Total Gains per Share
¥0.51
Return On Investment
19.1%

For what price can you sell your share?

Current Price per Share
¥2.68
Expected price per share
¥2.48 - ¥2.7
How sure are you?
50%

1. Valuation of Qingdao Rural Commercial Bank Corp Class A (5 min.)




Live pricePrice per Share (EOD)

¥2.68

Intrinsic Value Per Share

¥-37.32 - ¥-45.56

Total Value Per Share

¥-30.22 - ¥-38.46

2. Growth of Qingdao Rural Commercial Bank Corp Class A (5 min.)




Is Qingdao Rural Commercial Bank Corp Class A growing?

Current yearPrevious yearGrowGrow %
How rich?$5.4b$4.9b$260m5.0%

How much money is Qingdao Rural Commercial Bank Corp Class A making?

Current yearPrevious yearGrowGrow %
Making money$88.7m$108.3m-$19.6m-22.1%
Net Profit Margin21.7%30.8%--

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

3. Financial Health of Qingdao Rural Commercial Bank Corp Class A (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of Qingdao Rural Commercial Bank Corp Class A? (5 min.)

Welcome investor! Qingdao Rural Commercial Bank Corp Class A's management wants to use your money to grow the business. In return you get a share of Qingdao Rural Commercial Bank Corp Class A.

What can you expect buying and holding a share of Qingdao Rural Commercial Bank Corp Class A?

First you should know what it really means to hold a share of Qingdao Rural Commercial Bank Corp Class A. And how you can make/lose money.

Speculation

The Price per Share of Qingdao Rural Commercial Bank Corp Class A is ¥2.68. 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 Qingdao Rural Commercial Bank Corp Class A.
  • 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 Qingdao Rural Commercial Bank Corp Class A, 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 ¥7.10. Based on the TTM, the Book Value Change Per Share is ¥0.10 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.10 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ¥0.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Qingdao Rural Commercial Bank Corp Class A.

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 Eps0.031.1%0.020.6%0.020.7%0.020.7%0.020.7%
Usd Book Value Change Per Share0.031.0%0.010.5%0.010.5%0.051.9%0.051.9%
Usd Dividend Per Share0.010.4%0.000.1%0.000.2%0.010.3%0.010.3%
Usd Total Gains Per Share0.041.4%0.020.7%0.020.7%0.062.2%0.062.2%
Usd Price Per Share0.38-0.39-0.47-0.61-0.61-
Price to Earnings Ratio3.35-1.35-9.36-8.35-8.35-
Price-to-Total Gains Ratio10.41-3.79-40.16-22.61-22.61-
Price to Book Ratio0.39-0.41-0.53-0.84-0.84-
Price-to-Total Gains Ratio10.41-3.79-40.16-22.61-22.61-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.370912
Number of shares2696
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share0.010.05
Usd Total Gains Per Share0.020.06
Gains per Quarter (2696 shares)47.71161.68
Gains per Year (2696 shares)190.84646.71
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13715418189558637
27330937217811151284
311046356326816731931
414661775435722302578
518377194544627883225
6219926113653533453872
72561080132762439034519
82931234151871444605166
93291388170980350185813
103661543190089255756460

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 Share3.01.00.075.0%11.01.00.091.7%18.01.00.094.7%18.01.00.094.7%18.01.00.094.7%
Book Value Change Per Share3.01.00.075.0%11.01.00.091.7%16.03.00.084.2%16.03.00.084.2%16.03.00.084.2%
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 Share3.01.00.075.0%11.01.00.091.7%18.01.00.094.7%18.01.00.094.7%18.01.00.094.7%

Fundamentals of Qingdao Rural Commercial Bank Corp Class A

About Qingdao Rural Commercial Bank Corp Class A

Qingdao Rural Commercial Bank Co., Ltd. provides various banking products and services in China. The company offers foreign exchange account; import and export collection; inward and outward remittance; letter of guarantee; financing; and export invoice financing services, as well as package and foreign exchange loans and certificates of deposit. The company was founded in 1951 and is headquartered in Qingdao, China.

Fundamental data was last updated by Penke on 2024-03-11 02:04:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge 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
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

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

1.1. Profitability of Qingdao Rural Commercial Bank Corp Class A.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Qingdao Rural Commercial Bank Corp Class A earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Qingdao Rural Commercial Bank Corp Class A to the Banks - Regional industry mean.
  • A Net Profit Margin of 43.9% means that ¥0.44 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Qingdao Rural Commercial Bank Corp Class A:

  • The MRQ is 43.9%. The company is making a huge profit. +2
  • The TTM is 21.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ43.9%TTM21.7%+22.2%
TTM21.7%YOY30.8%-9.1%
TTM21.7%5Y29.6%-8.0%
5Y29.6%10Y29.6%0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ43.9%18.4%+25.5%
TTM21.7%28.0%-6.3%
YOY30.8%25.2%+5.6%
5Y29.6%22.8%+6.8%
10Y29.6%19.8%+9.8%
1.1.2. Return on Assets

Shows how efficient Qingdao Rural Commercial Bank Corp Class A is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Qingdao Rural Commercial Bank Corp Class A to the Banks - Regional industry mean.
  • 0.2% Return on Assets means that Qingdao Rural Commercial Bank Corp Class A generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Qingdao Rural Commercial Bank Corp Class A:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.1%+0.1%
TTM0.1%YOY0.2%0.0%
TTM0.1%5Y0.2%-0.1%
5Y0.2%10Y0.2%0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%0.1%+0.1%
TTM0.1%0.2%-0.1%
YOY0.2%0.2%0.0%
5Y0.2%0.2%0.0%
10Y0.2%0.2%0.0%
1.1.3. Return on Equity

Shows how efficient Qingdao Rural Commercial Bank Corp Class A is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Qingdao Rural Commercial Bank Corp Class A to the Banks - Regional industry mean.
  • 3.0% Return on Equity means Qingdao Rural Commercial Bank Corp Class A generated ¥0.03 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Qingdao Rural Commercial Bank Corp Class A:

  • The MRQ is 3.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.0%TTM1.7%+1.3%
TTM1.7%YOY2.2%-0.5%
TTM1.7%5Y2.5%-0.8%
5Y2.5%10Y2.5%0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ3.0%1.4%+1.6%
TTM1.7%2.5%-0.8%
YOY2.2%2.7%-0.5%
5Y2.5%2.5%0.0%
10Y2.5%2.8%-0.3%

1.2. Operating Efficiency of Qingdao Rural Commercial Bank Corp Class A.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Qingdao Rural Commercial Bank Corp Class A is operating .

  • Measures how much profit Qingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A to the Banks - Regional industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Qingdao Rural Commercial Bank Corp Class A:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Qingdao Rural Commercial Bank Corp Class A is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are ¥0.00 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Qingdao Rural Commercial Bank Corp Class A:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.078-0.078
5Y0.07810Y0.0780.000

1.3. Liquidity of Qingdao Rural Commercial Bank Corp Class A.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Qingdao Rural Commercial Bank Corp Class A is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.23 means the company has ¥0.23 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Qingdao Rural Commercial Bank Corp Class A:

  • The MRQ is 0.235. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.342. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.235TTM0.342-0.107
TTM0.342YOY0.193+0.149
TTM0.3425Y0.223+0.119
5Y0.22310Y0.2230.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.3420.124+0.218
YOY0.1930.225-0.032
5Y0.2230.219+0.004
10Y0.2230.131+0.092
1.3.2. Quick Ratio

Measures if Qingdao Rural Commercial Bank Corp Class A is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Qingdao Rural Commercial Bank Corp Class A to the Banks - Regional industry mean.
  • A Quick Ratio of 0.00 means the company can pay off ¥0.00 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Qingdao Rural Commercial Bank Corp Class A:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.001-0.001
5Y0.00110Y0.0010.000

1.4. Solvency of Qingdao Rural Commercial Bank Corp Class A.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Qingdao Rural Commercial Bank Corp Class A assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Qingdao Rural Commercial Bank Corp Class A to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.92 means that Qingdao Rural Commercial Bank Corp Class A assets are financed with 91.6% credit (debt) and the remaining percentage (100% - 91.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Qingdao Rural Commercial Bank Corp Class A:

  • The MRQ is 0.916. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.917. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.916TTM0.917-0.001
TTM0.917YOY0.918-0.001
TTM0.9175Y0.922-0.005
5Y0.92210Y0.9220.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9160.915+0.001
TTM0.9170.917+0.000
YOY0.9180.919-0.001
5Y0.9220.919+0.003
10Y0.9220.927-0.005
1.4.2. Debt to Equity Ratio

Measures if Qingdao Rural Commercial Bank Corp Class A is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Qingdao Rural Commercial Bank Corp Class A to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 1,112.3% means that company has ¥11.12 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Qingdao Rural Commercial Bank Corp Class A:

  • The MRQ is 11.123. The company is unable to pay all its debts with equity. -1
  • The TTM is 11.350. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ11.123TTM11.350-0.227
TTM11.350YOY11.452-0.101
TTM11.3505Y12.210-0.860
5Y12.21010Y12.2100.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ11.12310.829+0.294
TTM11.35011.013+0.337
YOY11.45211.363+0.089
5Y12.21011.437+0.773
10Y12.21013.038-0.828

2. Market Valuation of Qingdao Rural Commercial Bank Corp Class A

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 Qingdao Rural Commercial Bank Corp Class A generates.

  • Above 15 is considered overpriced but always compare Qingdao Rural Commercial Bank Corp Class A to the Banks - Regional industry mean.
  • A PE ratio of 3.35 means the investor is paying ¥3.35 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Qingdao Rural Commercial Bank Corp Class A:

  • The EOD is 3.225. Based on the earnings, the company is cheap. +2
  • The MRQ is 3.345. Based on the earnings, the company is cheap. +2
  • The TTM is 1.350. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.225MRQ3.345-0.120
MRQ3.345TTM1.350+1.995
TTM1.350YOY9.360-8.009
TTM1.3505Y8.353-7.003
5Y8.35310Y8.3530.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD3.2257.491-4.266
MRQ3.3456.680-3.335
TTM1.3505.295-3.945
YOY9.3606.943+2.417
5Y8.3539.770-1.417
10Y8.3539.943-1.590
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Qingdao Rural Commercial Bank Corp Class A:

  • The EOD is 1.019. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.057. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.942. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.019MRQ1.057-0.038
MRQ1.057TTM0.942+0.114
TTM0.942YOY-0.920+1.862
TTM0.9425Y-3.973+4.915
5Y-3.97310Y-3.9730.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD1.019-2.094+3.113
MRQ1.057-1.868+2.925
TTM0.942-0.342+1.284
YOY-0.9206.448-7.368
5Y-3.9730.429-4.402
10Y-3.9730.091-4.064
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Qingdao Rural Commercial Bank Corp Class A is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.39 means the investor is paying ¥0.39 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Qingdao Rural Commercial Bank Corp Class A:

  • The EOD is 0.378. Based on the equity, the company is cheap. +2
  • The MRQ is 0.392. Based on the equity, the company is cheap. +2
  • The TTM is 0.412. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.378MRQ0.392-0.014
MRQ0.392TTM0.412-0.020
TTM0.412YOY0.528-0.116
TTM0.4125Y0.842-0.430
5Y0.84210Y0.8420.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.3780.433-0.055
MRQ0.3920.386+0.006
TTM0.4120.470-0.058
YOY0.5280.642-0.114
5Y0.8420.795+0.047
10Y0.8421.025-0.183
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Qingdao Rural Commercial Bank Corp Class A 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--0.1970.103+91%0.104+89%0.374-47%0.374-47%
Book Value Per Share--7.0976.823+4%6.485+9%5.715+24%5.715+24%
Current Ratio--0.2350.342-31%0.193+22%0.223+5%0.223+5%
Debt To Asset Ratio--0.9160.9170%0.9180%0.922-1%0.922-1%
Debt To Equity Ratio--11.12311.350-2%11.452-3%12.210-9%12.210-9%
Dividend Per Share--0.0700.025+185%0.036+95%0.060+17%0.060+17%
Eps--0.2080.112+86%0.137+52%0.133+56%0.133+56%
Free Cash Flow Per Share--0.6581.035-36%-0.123+119%0.222+196%0.222+196%
Free Cash Flow To Equity Per Share--0.658-2.712+512%0.261+152%-0.327+150%-0.327+150%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---45.560--------
Intrinsic Value_10Y_min---37.318--------
Intrinsic Value_1Y_max--0.495--------
Intrinsic Value_1Y_min--0.490--------
Intrinsic Value_3Y_max---2.369--------
Intrinsic Value_3Y_min---2.183--------
Intrinsic Value_5Y_max---9.882--------
Intrinsic Value_5Y_min---8.841--------
Market Cap14889061171.200-4%15444623155.20015583513651.200-1%18972441753.600-19%24544143651.032-37%24544143651.032-37%
Net Profit Margin--0.4390.217+102%0.308+42%0.296+48%0.296+48%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%0.078-100%0.078-100%
Pb Ratio0.378-4%0.3920.412-5%0.528-26%0.842-53%0.842-53%
Pe Ratio3.225-4%3.3451.350+148%9.360-64%8.353-60%8.353-60%
Price Per Share2.680-4%2.7802.805-1%3.415-19%4.418-37%4.418-37%
Price To Free Cash Flow Ratio1.019-4%1.0570.942+12%-0.920+187%-3.973+476%-3.973+476%
Price To Total Gains Ratio10.040-4%10.4143.792+175%40.159-74%22.612-54%22.612-54%
Quick Ratio----0%-0%0.001-100%0.001-100%
Return On Assets--0.0020.001+82%0.002+39%0.002+32%0.002+32%
Return On Equity--0.0300.017+77%0.022+35%0.025+20%0.025+20%
Total Gains Per Share--0.2670.128+109%0.140+91%0.433-38%0.433-38%
Usd Book Value--5457110477.6005246086081.000+4%4986079744.600+9%4393976119.789+24%4393976119.789+24%
Usd Book Value Change Per Share--0.0270.014+91%0.014+89%0.052-47%0.052-47%
Usd Book Value Per Share--0.9820.944+4%0.897+9%0.791+24%0.791+24%
Usd Dividend Per Share--0.0100.003+185%0.005+95%0.008+17%0.008+17%
Usd Eps--0.0290.015+86%0.019+52%0.018+56%0.018+56%
Usd Free Cash Flow--505702666.400795859719.600-36%-94802858.200+119%171046935.621+196%171046935.621+196%
Usd Free Cash Flow Per Share--0.0910.143-36%-0.017+119%0.031+196%0.031+196%
Usd Free Cash Flow To Equity Per Share--0.091-0.375+512%0.036+152%-0.045+150%-0.045+150%
Usd Market Cap2060646066.094-4%2137535844.6802156758289.326-1%2625785938.698-19%3396909481.303-37%3396909481.303-37%
Usd Price Per Share0.371-4%0.3850.388-1%0.473-19%0.611-37%0.611-37%
Usd Profit--159752905.60088733014.800+80%108356785.400+47%103531686.105+54%103531686.105+54%
Usd Revenue--364235030.400351032777.600+4%341911525.600+7%340524182.147+7%340524182.147+7%
Usd Total Gains Per Share--0.0370.018+109%0.019+91%0.060-38%0.060-38%
 EOD+4 -4MRQTTM+23 -9YOY+27 -55Y+24 -1010Y+24 -10

3.2. Fundamental Score

Let's check the fundamental score of Qingdao Rural Commercial Bank Corp Class A based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153.225
Price to Book Ratio (EOD)Between0-10.378
Net Profit Margin (MRQ)Greater than00.439
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.235
Debt to Asset Ratio (MRQ)Less than10.916
Debt to Equity Ratio (MRQ)Less than111.123
Return on Equity (MRQ)Greater than0.150.030
Return on Assets (MRQ)Greater than0.050.002
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Qingdao Rural Commercial Bank Corp Class A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.407
Ma 20Greater thanMa 502.717
Ma 50Greater thanMa 1002.690
Ma 100Greater thanMa 2002.671
OpenGreater thanClose2.700
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets467,644,775
Total Liabilities428,214,786
Total Stockholder Equity38,498,676
 As reported
Total Liabilities 428,214,786
Total Stockholder Equity+ 38,498,676
Total Assets = 467,644,775

Assets

Total Assets467,644,775
Total Current Assets81,830,159
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 39,508,467
Total Current Assets  (as reported)81,830,159
Total Current Assets  (calculated)39,508,467
+/- 42,321,692
Long-term Assets
Property Plant Equipment 3,929,345
Long Term Investments 175,641,204
Intangible Assets 77,711
Long-term Assets  (as reported)0
Long-term Assets  (calculated)179,648,260
+/- 179,648,260

Liabilities & Shareholders' Equity

Total Current Liabilities348,434,243
Long-term Liabilities0
Total Stockholder Equity38,498,676
Total Current Liabilities
Accounts payable 311,104,882
Other Current Liabilities 801,538
Total Current Liabilities  (as reported)348,434,243
Total Current Liabilities  (calculated)311,906,420
+/- 36,527,823
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock5,555,616
Retained Earnings 23,070,436
Other Stockholders Equity 6,054,423
Total Stockholder Equity (as reported)38,498,676
Total Stockholder Equity (calculated)34,680,475
+/- 3,818,201
Other
Capital Stock5,555,616
Common Stock Shares Outstanding 5,555,616
Net Debt 52,813,376
Net Invested Capital 130,820,519
Net Tangible Assets 38,420,965
Net Working Capital -266,604,084
Property Plant and Equipment Gross 3,929,345



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
308,965,094
318,693,676
328,615,586
341,667,384
350,256,603
375,949,917
392,214,282
406,811,073
423,292,259
430,787,852
429,143,077
430,438,090
442,633,894
444,211,531
436,112,214
434,791,316
463,246,165
464,989,336
467,644,775
467,644,775464,989,336463,246,165434,791,316436,112,214444,211,531442,633,894430,438,090429,143,077430,787,852423,292,259406,811,073392,214,282375,949,917350,256,603341,667,384328,615,586318,693,676308,965,0940
   > Total Current Assets 
0
0
0
78,731,035
50,380,546
76,645,878
57,327,470
83,827,716
56,518,652
88,024,932
51,827,858
81,769,789
40,738,943
87,953,881
52,863,299
82,667,305
43,838,990
0
339,226,143
81,830,159
81,830,159339,226,143043,838,99082,667,30552,863,29987,953,88140,738,94381,769,78951,827,85888,024,93256,518,65283,827,71657,327,47076,645,87850,380,54678,731,035000
       Cash And Cash Equivalents 
0
12,614,551
37,380,568
11,986,278
39,374,080
12,825,458
36,280,698
15,865,051
40,508,240
38,844,700
41,850,617
43,537,298
318,797,435
332,241,347
41,883,988
39,371,286
39,544,336
44,570,153
42,760,611
39,508,467
39,508,46742,760,61144,570,15339,544,33639,371,28641,883,988332,241,347318,797,43543,537,29841,850,61738,844,70040,508,24015,865,05136,280,69812,825,45839,374,08011,986,27837,380,56812,614,5510
       Net Receivables 
0
0
0
0
30,286
6,119,860
62,584
0
83,869
0
92,947
0
0
0
0
0
0
0
0
0
00000000092,947083,869062,5846,119,86030,2860000
       Other Current Assets 
0
0
0
0
21,445,139
0
18,451,851
0
19,099,045
0
20,041,377
0
18,142,334
0
17,644,972
0
17,249,332
0
254,598,387
0
0254,598,387017,249,332017,644,972018,142,334020,041,377019,099,045018,451,851021,445,1390000
   > Long-term Assets 00000000000000000000
       Property Plant Equipment 
3,656,882
3,638,670
3,644,809
3,651,497
3,659,184
3,665,927
3,645,016
3,727,852
3,786,017
4,244,896
4,184,474
4,252,080
4,256,264
4,232,481
4,195,564
4,123,891
4,124,212
4,077,342
4,000,499
3,929,345
3,929,3454,000,4994,077,3424,124,2124,123,8914,195,5644,232,4814,256,2644,252,0804,184,4744,244,8963,786,0173,727,8523,645,0163,665,9273,659,1843,651,4973,644,8093,638,6703,656,882
       Long Term Investments 
0
45,460,445
114,245,513
119,210,805
122,623,586
122,509,884
133,890,858
131,364,561
138,105,988
145,992,978
149,583,979
154,136,054
155,314,233
151,635,859
150,494,514
150,135,547
152,168,153
171,427,275
169,829,710
175,641,204
175,641,204169,829,710171,427,275152,168,153150,135,547150,494,514151,635,859155,314,233154,136,054149,583,979145,992,978138,105,988131,364,561133,890,858122,509,884122,623,586119,210,805114,245,51345,460,4450
       Intangible Assets 
0
88,201
87,881
85,963
85,358
84,784
84,211
83,637
83,063
82,489
81,915
81,341
80,514
81,378
80,797
80,216
79,534
78,954
78,373
77,711
77,71178,37378,95479,53480,21680,79781,37880,51481,34181,91582,48983,06383,63784,21184,78485,35885,96387,88188,2010
> Total Liabilities 
0
285,111,580
295,040,437
303,972,382
316,405,685
324,023,665
350,060,030
365,095,174
377,108,681
390,634,586
397,127,711
394,324,943
395,388,008
406,792,723
408,129,666
398,978,981
398,308,675
425,873,479
426,653,667
428,214,786
428,214,786426,653,667425,873,479398,308,675398,978,981408,129,666406,792,723395,388,008394,324,943397,127,711390,634,586377,108,681365,095,174350,060,030324,023,665316,405,685303,972,382295,040,437285,111,5800
   > Total Current Liabilities 
0
0
0
242,445,464
309,150,250
254,878,720
336,670,749
292,952,251
360,710,015
296,511,009
380,687,318
304,078,427
383,422,195
319,525,092
399,017,071
320,733,321
388,965,716
0
332,676,438
348,434,243
348,434,243332,676,4380388,965,716320,733,321399,017,071319,525,092383,422,195304,078,427380,687,318296,511,009360,710,015292,952,251336,670,749254,878,720309,150,250242,445,464000
       Accounts payable 
0
0
0
212,956,257
218,470,065
228,829,953
241,782,827
261,726,517
254,871,197
272,070,750
272,924,180
278,030,623
270,375,249
289,953,021
289,094,639
288,512,870
286,104,532
0
311,986,145
311,104,882
311,104,882311,986,1450286,104,532288,512,870289,094,639289,953,021270,375,249278,030,623272,924,180272,070,750254,871,197261,726,517241,782,827228,829,953218,470,065212,956,257000
       Other Current Liabilities 
0
0
0
755,983
903,289
1,017,676
697,557
1,021,650
910,203
1,289,389
2,163,268
1,225,899
976,461
930,734
1,267,653
1,198,669
595,661
0
216,128
801,538
801,538216,1280595,6611,198,6691,267,653930,734976,4611,225,8992,163,2681,289,389910,2031,021,650697,5571,017,676903,289755,983000
   > Long-term Liabilities 00000000000000000000
       Deferred Long Term Liability 
408,689
0
389,052
0
388,934
0
371,651
0
146,114
0
142,725
0
0
0
0
0
0
0
0
0
000000000142,7250146,1140371,6510388,9340389,0520408,689
> Total Stockholder Equity
0
23,030,824
22,822,257
23,805,949
24,415,271
25,383,738
25,036,456
26,265,087
28,841,682
31,790,160
32,784,301
33,931,544
34,164,413
34,963,080
35,206,680
36,249,523
35,574,067
36,465,017
37,416,431
38,498,676
38,498,67637,416,43136,465,01735,574,06736,249,52335,206,68034,963,08034,164,41333,931,54432,784,30131,790,16028,841,68226,265,08725,036,45625,383,73824,415,27123,805,94922,822,25723,030,8240
   Common Stock
5,000,000
5,555,556
5,555,556
5,555,556
5,555,556
5,555,556
5,555,556
5,555,556
5,555,556
5,555,573
5,555,593
5,555,598
5,555,601
5,555,604
5,555,606
5,555,608
0
0
5,555,615
5,555,616
5,555,6165,555,615005,555,6085,555,6065,555,6045,555,6015,555,5985,555,5935,555,5735,555,5565,555,5565,555,5565,555,5565,555,5565,555,5565,555,5565,555,5565,000,000
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
1,212,428
502,066
471,274
513,439
655,454
770,372
625,848
865,314
2,955,572
4,990,950
6,066,967
6,146,046
6,141,856
6,095,345
6,135,833
6,128,844
6,030,889
0
6,126,465
6,054,423
6,054,4236,126,46506,030,8896,128,8446,135,8336,095,3456,141,8566,146,0466,066,9674,990,9502,955,572865,314625,848770,372655,454513,439471,274502,0661,212,428



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 (+$)
totalRevenue10,145,456
Cost of Revenue--
Gross Profit-10,145,456
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative3,070,868
Selling And Marketing Expenses-
Operating Expense-3,070,868
 
Net Interest Income (+$)
Interest Income16,623,416
Interest Expense-8,934,554
Other Finance Cost-0
Net Interest Income7,688,862
 
Pretax Income (+$)
Operating Income-
Net Interest Income7,688,862
Other Non-Operating Income Expenses-
Income Before Tax (EBT)2,275,3570
EBIT - interestExpense = -8,934,554
2,564,538
11,499,092
Interest Expense8,934,554
Earnings Before Interest and Taxes (EBIT)-11,209,911
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax2,275,357
Tax Provision--
Net Income From Continuing Ops2,615,8472,275,357
Net Income2,564,538
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--7,688,862
 

Technical Analysis of Qingdao Rural Commercial Bank Corp Class A
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 Qingdao Rural Commercial Bank Corp Class A. The general trend of Qingdao Rural Commercial Bank Corp Class A is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Qingdao Rural Commercial Bank Corp Class A's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Qingdao Rural Commercial Bank Corp Class A.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 2.7 < 2.7 < 2.7.

The bearish price targets are: 2.52 > 2.48.

Tweet this
Qingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-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 higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher 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 above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is 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

Qingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A. The current macd is -0.00345944.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Qingdao Rural Commercial Bank Corp Class A price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Qingdao Rural Commercial Bank Corp Class A. 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 Qingdao Rural Commercial Bank Corp Class A 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
Qingdao Rural Commercial Bank Corp Class A Daily Moving Average Convergence/Divergence (MACD) ChartQingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A. The current adx is 12.81.

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 Qingdao Rural Commercial Bank Corp Class A 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.
Qingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A. The current sar is 2.76625646.

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
Qingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A. The current rsi is 45.41. 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
Qingdao Rural Commercial Bank Corp Class A Daily Relative Strength Index (RSI) ChartQingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Qingdao Rural Commercial Bank Corp Class A price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Qingdao Rural Commercial Bank Corp Class A Daily Stochastic Oscillator ChartQingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A. The current cci is -134.21828909.

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
Qingdao Rural Commercial Bank Corp Class A Daily Commodity Channel Index (CCI) ChartQingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A. The current cmo is -16.19763489.

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
Qingdao Rural Commercial Bank Corp Class A Daily Chande Momentum Oscillator (CMO) ChartQingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A. The current willr is -72.72727273.

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 Qingdao Rural Commercial Bank Corp Class A is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Qingdao Rural Commercial Bank Corp Class A Daily Williams %R ChartQingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A.

Qingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A. The current atr is 0.04221315.

Qingdao Rural Commercial Bank Corp Class A Daily Average True Range (ATR) ChartQingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A. The current obv is 196,308,001.

Qingdao Rural Commercial Bank Corp Class A Daily On-Balance Volume (OBV) ChartQingdao Rural Commercial Bank Corp Class A 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 Qingdao Rural Commercial Bank Corp Class A. The current mfi is 47.34.

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
Qingdao Rural Commercial Bank Corp Class A Daily Money Flow Index (MFI) ChartQingdao Rural Commercial Bank Corp Class A Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Qingdao Rural Commercial Bank Corp Class A.

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

6.3. Candlestick Patterns

Qingdao Rural Commercial Bank Corp Class A Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Qingdao Rural Commercial Bank Corp Class A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.407
Ma 20Greater thanMa 502.717
Ma 50Greater thanMa 1002.690
Ma 100Greater thanMa 2002.671
OpenGreater thanClose2.700
Total3/5 (60.0%)
Penke

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

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

Get notifications about Qingdao Rural Commercial Bank Corp Class A

I send you an email if I find something interesting about Qingdao Rural Commercial Bank Corp Class A.


Comments

How you think about this?

Leave a comment

Stay informed about Qingdao Rural Commercial Bank Corp Class A.

Receive notifications about Qingdao Rural Commercial Bank Corp Class A in your mailbox!