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China Leadshine Technology Co Ltd
Buy, Hold or Sell?

Let's analyse China Leadshine Technology Co Ltd together

PenkeI guess you are interested in China Leadshine Technology Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of China Leadshine Technology Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of China Leadshine Technology Co Ltd (30 sec.)










What can you expect buying and holding a share of China Leadshine Technology Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.09
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥4.15
Expected worth in 1 year
¥4.63
How sure are you?
93.8%

+ What do you gain per year?

Total Gains per Share
¥1.16
Return On Investment
6.4%

For what price can you sell your share?

Current Price per Share
¥18.05
Expected price per share
¥11.73 - ¥22.63
How sure are you?
50%

1. Valuation of China Leadshine Technology Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥18.05

Intrinsic Value Per Share

¥3.09 - ¥3.71

Total Value Per Share

¥7.24 - ¥7.86

2. Growth of China Leadshine Technology Co Ltd (5 min.)




Is China Leadshine Technology Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$177.9m$155.8m$18.6m10.7%

How much money is China Leadshine Technology Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$3.5m$8.3m-$4.7m-133.3%
Net Profit Margin7.3%20.4%--

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

3. Financial Health of China Leadshine Technology Co Ltd (5 min.)




4. Comparing to competitors in the Electrical Equipment & Parts industry (5 min.)




  Industry Rankings (Electrical Equipment & Parts)  


Richest
#227 / 464

Most Revenue
#246 / 464

Most Profit
#208 / 464

Most Efficient
#132 / 464

What can you expect buying and holding a share of China Leadshine Technology Co Ltd? (5 min.)

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

What can you expect buying and holding a share of China Leadshine Technology Co Ltd?

First you should know what it really means to hold a share of China Leadshine Technology Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of China Leadshine Technology Co Ltd is ¥18.05. 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 China Leadshine Technology Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in China Leadshine Technology Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥4.15. Based on the TTM, the Book Value Change Per Share is ¥0.12 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.06 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 ¥0.17 per quarter.
Based on historical numbers we can estimate the returns while holding a share of China Leadshine Technology Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.010.0%0.010.1%0.030.1%0.020.1%0.020.1%
Usd Book Value Change Per Share0.010.1%0.020.1%0.010.0%0.040.2%0.040.2%
Usd Dividend Per Share0.000.0%0.020.1%0.010.0%0.020.1%0.020.1%
Usd Total Gains Per Share0.020.1%0.040.2%0.020.1%0.050.3%0.050.3%
Usd Price Per Share2.60-3.04-2.84-3.28-3.28-
Price to Earnings Ratio86.20-83.44-32.41-49.18-49.18-
Price-to-Total Gains Ratio157.66-99.91-233.74-145.92-145.92-
Price to Book Ratio4.52-5.40-5.65-6.34-6.34-
Price-to-Total Gains Ratio157.66-99.91-233.74-145.92-145.92-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.49812
Number of shares400
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.02
Usd Book Value Change Per Share0.020.04
Usd Total Gains Per Share0.040.05
Gains per Quarter (400 shares)16.0221.61
Gains per Year (400 shares)64.0686.43
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1372754295776
2755311858115162
31128018287172248
4150107246116230334
5187133310145287420
6224160374174345506
7262187438203402592
8299213502232460678
9337240566261517764
10374267630290575850

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%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%11.05.00.068.8%11.05.00.068.8%11.05.00.068.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%15.01.00.093.8%15.01.00.093.8%15.01.00.093.8%

Fundamentals of China Leadshine Technology Co Ltd

About China Leadshine Technology Co Ltd

China Leadshine Technology Co., Ltd. designs, manufactures, and sells motion control equipment and components in China. The company offers AC servo drives and motors, low-voltage servo drives and motors; open-loop stepper driver and motor, and closed-loop stepper driver and motor. It also provides motion controller; motion control card, PLC, remote IO module, human-machine interface, and machine vision products. In addition, the company offers downstream equipment. It serves manufacturing, semiconductor, photovoltaic, PCB/PCBA manufacturing, lithium battery, logistics, machine tools, packaging, industrial robots, and medical equipment sectors. The company was founded in 2007 and is based in Shenzhen, China.

Fundamental data was last updated by Penke on 2024-03-11 02:13:02.

Financial Health

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

Valuation

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

1.1. Profitability of China Leadshine Technology Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit China Leadshine Technology Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare China Leadshine Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • A Net Profit Margin of 4.9% means that ¥0.05 for each ¥1 in revenue is generated as profit.

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

  • The MRQ is 4.9%. The company is making a profit. +1
  • The TTM is 7.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.9%TTM7.3%-2.3%
TTM7.3%YOY20.4%-13.2%
TTM7.3%5Y16.6%-9.3%
5Y16.6%10Y16.6%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ4.9%3.8%+1.1%
TTM7.3%3.7%+3.6%
YOY20.4%3.3%+17.1%
5Y16.6%3.2%+13.4%
10Y16.6%3.4%+13.2%
1.1.2. Return on Assets

Shows how efficient China Leadshine Technology Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare China Leadshine Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • 0.7% Return on Assets means that China Leadshine Technology Co Ltd generated ¥0.01 profit for each $1 in assets.

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

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.7%TTM1.2%-0.4%
TTM1.2%YOY3.0%-1.8%
TTM1.2%5Y3.0%-1.8%
5Y3.0%10Y3.0%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%0.9%-0.2%
TTM1.2%1.0%+0.2%
YOY3.0%0.8%+2.2%
5Y3.0%0.9%+2.1%
10Y3.0%1.1%+1.9%
1.1.3. Return on Equity

Shows how efficient China Leadshine Technology Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare China Leadshine Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • 1.3% Return on Equity means China Leadshine Technology Co Ltd generated ¥0.01 for each ¥1 the owners (shareholders) invested.

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

  • The MRQ is 1.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.3%TTM2.1%-0.7%
TTM2.1%YOY5.4%-3.4%
TTM2.1%5Y4.4%-2.4%
5Y4.4%10Y4.4%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3%2.0%-0.7%
TTM2.1%1.9%+0.2%
YOY5.4%1.7%+3.7%
5Y4.4%1.8%+2.6%
10Y4.4%2.0%+2.4%

1.2. Operating Efficiency of China Leadshine Technology Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient China Leadshine Technology Co Ltd is operating .

  • Measures how much profit China Leadshine Technology Co Ltd makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare China Leadshine Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • An Operating Margin of 4.5% means the company generated ¥0.04  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of China Leadshine Technology Co Ltd:

  • The MRQ is 4.5%. The company is operating less efficient.
  • The TTM is 3.7%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ4.5%TTM3.7%+0.8%
TTM3.7%YOY14.0%-10.3%
TTM3.7%5Y14.8%-11.1%
5Y14.8%10Y14.8%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ4.5%6.7%-2.2%
TTM3.7%3.4%+0.3%
YOY14.0%4.3%+9.7%
5Y14.8%4.9%+9.9%
10Y14.8%3.7%+11.1%
1.2.2. Operating Ratio

Measures how efficient China Leadshine Technology Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • An Operation Ratio of 1.58 means that the operating costs are ¥1.58 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of China Leadshine Technology Co Ltd:

  • The MRQ is 1.579. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.550. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.579TTM1.550+0.028
TTM1.550YOY1.447+0.103
TTM1.5505Y1.432+0.119
5Y1.43210Y1.4320.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5791.657-0.078
TTM1.5501.679-0.129
YOY1.4471.676-0.229
5Y1.4321.631-0.199
10Y1.4321.348+0.084

1.3. Liquidity of China Leadshine Technology Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if China Leadshine Technology Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A Current Ratio of 1.93 means the company has ¥1.93 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of China Leadshine Technology Co Ltd:

  • The MRQ is 1.927. The company is able to pay all its short-term debts. +1
  • The TTM is 2.113. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.927TTM2.113-0.186
TTM2.113YOY2.362-0.249
TTM2.1135Y3.145-1.032
5Y3.14510Y3.1450.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9271.908+0.019
TTM2.1131.887+0.226
YOY2.3621.909+0.453
5Y3.1451.994+1.151
10Y3.1451.645+1.500
1.3.2. Quick Ratio

Measures if China Leadshine Technology Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare China Leadshine Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • A Quick Ratio of 0.88 means the company can pay off ¥0.88 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of China Leadshine Technology Co Ltd:

  • The MRQ is 0.884. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.873. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.884TTM0.873+0.010
TTM0.873YOY0.872+0.001
TTM0.8735Y1.070-0.197
5Y1.07010Y1.0700.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8840.887-0.003
TTM0.8730.895-0.022
YOY0.8720.962-0.090
5Y1.0700.985+0.085
10Y1.0700.985+0.085

1.4. Solvency of China Leadshine Technology Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of China Leadshine Technology Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare China Leadshine Technology Co Ltd to Electrical Equipment & Parts industry mean.
  • A Debt to Asset Ratio of 0.43 means that China Leadshine Technology Co Ltd assets are financed with 42.9% credit (debt) and the remaining percentage (100% - 42.9%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.429. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.429. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.429TTM0.4290.000
TTM0.429YOY0.421+0.008
TTM0.4295Y0.324+0.105
5Y0.32410Y0.3240.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4290.436-0.007
TTM0.4290.447-0.018
YOY0.4210.438-0.017
5Y0.3240.443-0.119
10Y0.3240.433-0.109
1.4.2. Debt to Equity Ratio

Measures if China Leadshine Technology Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare China Leadshine Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • A Debt to Equity ratio of 75.9% means that company has ¥0.76 debt for each ¥1 in shareholders equity.

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

  • The MRQ is 0.759. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.761. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.759TTM0.761-0.002
TTM0.761YOY0.754+0.006
TTM0.7615Y0.530+0.231
5Y0.53010Y0.5300.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7590.766-0.007
TTM0.7610.812-0.051
YOY0.7540.799-0.045
5Y0.5300.819-0.289
10Y0.5300.837-0.307

2. Market Valuation of China Leadshine Technology Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings China Leadshine Technology Co Ltd generates.

  • Above 15 is considered overpriced but always compare China Leadshine Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • A PE ratio of 86.20 means the investor is paying ¥86.20 for every ¥1 in earnings.

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

  • The EOD is 82.854. Based on the earnings, the company is expensive. -2
  • The MRQ is 86.205. Based on the earnings, the company is expensive. -2
  • The TTM is 83.443. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD82.854MRQ86.205-3.351
MRQ86.205TTM83.443+2.761
TTM83.443YOY32.407+51.036
TTM83.4435Y49.183+34.260
5Y49.18310Y49.1830.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD82.85415.343+67.511
MRQ86.20513.372+72.833
TTM83.44314.274+69.169
YOY32.40716.091+16.316
5Y49.18317.732+31.451
10Y49.18323.147+26.036
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 11.691. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 12.164. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 11.699. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD11.691MRQ12.164-0.473
MRQ12.164TTM11.699+0.465
TTM11.699YOY1,116.234-1,104.535
TTM11.6995Y278.372-266.673
5Y278.37210Y278.3720.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD11.6914.318+7.373
MRQ12.1644.034+8.130
TTM11.6992.128+9.571
YOY1,116.234-2.178+1,118.412
5Y278.372-0.110+278.482
10Y278.3720.056+278.316
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of China Leadshine Technology Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A PB ratio of 4.52 means the investor is paying ¥4.52 for each ¥1 in book value.

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

  • The EOD is 4.346. Based on the equity, the company is fair priced.
  • The MRQ is 4.522. Based on the equity, the company is fair priced.
  • The TTM is 5.399. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD4.346MRQ4.522-0.176
MRQ4.522TTM5.399-0.877
TTM5.399YOY5.646-0.247
TTM5.3995Y6.343-0.944
5Y6.34310Y6.3430.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD4.3461.968+2.378
MRQ4.5222.042+2.480
TTM5.3992.191+3.208
YOY5.6462.277+3.369
5Y6.3432.376+3.967
10Y6.3432.816+3.527
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of China Leadshine Technology Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1070.120-11%0.056+90%0.260-59%0.260-59%
Book Value Per Share--4.1534.076+2%3.642+14%3.556+17%3.556+17%
Current Ratio--1.9272.113-9%2.362-18%3.145-39%3.145-39%
Debt To Asset Ratio--0.4290.4290%0.421+2%0.324+32%0.324+32%
Debt To Equity Ratio--0.7590.7610%0.754+1%0.530+43%0.530+43%
Dividend Per Share--0.0120.169-93%0.062-81%0.131-91%0.131-91%
Eps--0.0540.087-37%0.195-72%0.151-64%0.151-64%
Free Cash Flow Per Share--0.3860.153+152%-0.142+137%0.021+1759%0.021+1759%
Free Cash Flow To Equity Per Share--0.4590.063+632%0.065+601%0.084+449%0.084+449%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--3.711--------
Intrinsic Value_10Y_min--3.092--------
Intrinsic Value_1Y_max--0.082--------
Intrinsic Value_1Y_min--0.080--------
Intrinsic Value_3Y_max--0.468--------
Intrinsic Value_3Y_min--0.442--------
Intrinsic Value_5Y_max--1.119--------
Intrinsic Value_5Y_min--1.020--------
Market Cap5582702694.400-4%5814288000.0006799182803.200-14%6340465664.000-8%7322706226.240-21%7322706226.240-21%
Net Profit Margin--0.0490.073-32%0.204-76%0.166-70%0.166-70%
Operating Margin--0.0450.037+21%0.140-68%0.148-70%0.148-70%
Operating Ratio--1.5791.550+2%1.447+9%1.432+10%1.432+10%
Pb Ratio4.346-4%4.5225.399-16%5.646-20%6.343-29%6.343-29%
Pe Ratio82.854-4%86.20583.443+3%32.407+166%49.183+75%49.183+75%
Price Per Share18.050-4%18.78021.973-15%20.500-8%23.673-21%23.673-21%
Price To Free Cash Flow Ratio11.691-4%12.16411.699+4%1116.234-99%278.372-96%278.372-96%
Price To Total Gains Ratio151.531-4%157.65999.907+58%233.743-33%145.918+8%145.918+8%
Quick Ratio--0.8840.873+1%0.872+1%1.070-17%1.070-17%
Return On Assets--0.0070.012-36%0.030-75%0.030-75%0.030-75%
Return On Equity--0.0130.021-36%0.054-76%0.044-70%0.044-70%
Total Gains Per Share--0.1190.289-59%0.119+0%0.390-69%0.390-69%
Usd Book Value--177944090.609174554433.612+2%155896818.856+14%152220726.822+17%152220726.822+17%
Usd Book Value Change Per Share--0.0150.017-11%0.008+90%0.036-59%0.036-59%
Usd Book Value Per Share--0.5750.564+2%0.504+14%0.492+17%0.492+17%
Usd Dividend Per Share--0.0020.023-93%0.009-81%0.018-91%0.018-91%
Usd Eps--0.0080.012-37%0.027-72%0.021-64%0.021-64%
Usd Free Cash Flow--16538423.8186553176.158+152%-6072639.739+137%834625.009+1882%834625.009+1882%
Usd Free Cash Flow Per Share--0.0530.021+152%-0.020+137%0.003+1759%0.003+1759%
Usd Free Cash Flow To Equity Per Share--0.0630.009+632%0.009+601%0.012+449%0.012+449%
Usd Market Cap772646052.905-4%804697459.200941006899.963-14%877520447.898-8%1013462541.712-21%1013462541.712-21%
Usd Price Per Share2.498-4%2.5993.041-15%2.837-8%3.276-21%3.276-21%
Usd Profit--2333685.1583577094.292-35%8346957.299-72%6435023.133-64%6435023.133-64%
Usd Revenue--47169065.86350234384.463-6%41982915.734+12%40796145.322+16%40796145.322+16%
Usd Total Gains Per Share--0.0160.040-59%0.016+0%0.054-69%0.054-69%
 EOD+4 -4MRQTTM+15 -20YOY+17 -185Y+13 -2210Y+13 -22

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1582.854
Price to Book Ratio (EOD)Between0-14.346
Net Profit Margin (MRQ)Greater than00.049
Operating Margin (MRQ)Greater than00.045
Quick Ratio (MRQ)Greater than10.884
Current Ratio (MRQ)Greater than11.927
Debt to Asset Ratio (MRQ)Less than10.429
Debt to Equity Ratio (MRQ)Less than10.759
Return on Equity (MRQ)Greater than0.150.013
Return on Assets (MRQ)Greater than0.050.007
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.775
Ma 20Greater thanMa 5018.409
Ma 50Greater thanMa 10016.929
Ma 100Greater thanMa 20018.304
OpenGreater thanClose18.300
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets2,251,909
Total Liabilities966,185
Total Stockholder Equity1,273,223
 As reported
Total Liabilities 966,185
Total Stockholder Equity+ 1,273,223
Total Assets = 2,251,909

Assets

Total Assets2,251,909
Total Current Assets1,446,333
Long-term Assets805,576
Total Current Assets
Cash And Cash Equivalents 357,211
Short-term Investments 36,251
Net Receivables 627,190
Inventory 407,010
Other Current Assets 18,671
Total Current Assets  (as reported)1,446,333
Total Current Assets  (calculated)1,446,333
+/- 0
Long-term Assets
Property Plant Equipment 422,615
Goodwill 7,646
Intangible Assets 13,796
Other Assets 334,136
Long-term Assets  (as reported)805,576
Long-term Assets  (calculated)778,193
+/- 27,382

Liabilities & Shareholders' Equity

Total Current Liabilities750,679
Long-term Liabilities215,507
Total Stockholder Equity1,273,223
Total Current Liabilities
Short Long Term Debt 146,925
Accounts payable 414,453
Other Current Liabilities 78,887
Total Current Liabilities  (as reported)750,679
Total Current Liabilities  (calculated)640,266
+/- 110,413
Long-term Liabilities
Long term Debt 212,000
Capital Lease Obligations Min Short Term Debt2,185
Other Liabilities 1,322
Long-term Liabilities Other 534
Deferred Long Term Liability 5,854
Long-term Liabilities  (as reported)215,507
Long-term Liabilities  (calculated)221,894
+/- 6,387
Total Stockholder Equity
Common Stock309,600
Retained Earnings 661,271
Other Stockholders Equity 287
Total Stockholder Equity (as reported)1,273,223
Total Stockholder Equity (calculated)971,158
+/- 302,065
Other
Capital Stock309,600
Common Stock Shares Outstanding 309,600
Net Debt 1,714
Net Invested Capital 1,632,149
Net Tangible Assets 1,251,781
Net Working Capital 695,654
Property Plant and Equipment Gross 422,615



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-31
> Total Assets 
783,193
836,567
1,369,466
1,294,124
1,378,561
1,604,107
1,633,352
1,538,189
1,647,131
1,975,541
2,127,382
2,098,409
2,193,664
2,188,244
2,204,485
2,251,909
2,251,9092,204,4852,188,2442,193,6642,098,4092,127,3821,975,5411,647,1311,538,1891,633,3521,604,1071,378,5611,294,1241,369,466836,567783,193
   > Total Current Assets 
582,508
638,044
1,170,878
1,086,222
1,167,340
1,249,458
1,252,779
1,157,230
1,213,095
1,335,473
1,425,665
1,389,727
1,470,602
1,460,529
1,428,141
1,446,333
1,446,3331,428,1411,460,5291,470,6021,389,7271,425,6651,335,4731,213,0951,157,2301,252,7791,249,4581,167,3401,086,2221,170,878638,044582,508
       Cash And Cash Equivalents 
188,432
144,613
458,779
233,815
528,790
372,669
267,688
166,637
230,211
258,700
252,424
345,146
442,302
240,111
265,001
357,211
357,211265,001240,111442,302345,146252,424258,700230,211166,637267,688372,669528,790233,815458,779144,613188,432
       Short-term Investments 
0
0
0
0
51,646
140,646
12,646
10,646
9,408
9,408
16,928
1,126
1,251
51,251
36,251
36,251
36,25136,25151,2511,2511,12616,9289,4089,40810,64612,646140,64651,6460000
       Net Receivables 
179,180
239,428
270,632
284,630
313,195
404,006
418,447
387,099
384,107
446,864
588,322
570,136
486,178
500,191
670,632
627,190
627,190670,632500,191486,178570,136588,322446,864384,107387,099418,447404,006313,195284,630270,632239,428179,180
       Inventory 
147,981
182,742
221,345
228,455
245,508
302,288
340,438
361,854
394,099
436,827
486,770
443,098
395,262
460,605
440,736
407,010
407,010440,736460,605395,262443,098486,770436,827394,099361,854340,438302,288245,508228,455221,345182,742147,981
       Other Current Assets 
26,396
71,262
21,561
339,322
28,200
29,849
33,559
230,995
50,449
183,674
77,081
30,221
9,682
18,745
15,521
18,671
18,67115,52118,7459,68230,22177,081183,67450,449230,99533,55929,84928,200339,32221,56171,26226,396
   > Long-term Assets 
200,684
198,523
198,589
207,902
211,221
354,649
380,573
380,959
434,036
640,069
701,717
708,682
723,062
727,715
776,344
805,576
805,576776,344727,715723,062708,682701,717640,069434,036380,959380,573354,649211,221207,902198,589198,523200,684
       Property Plant Equipment 
0
98,128
97,304
93,949
90,028
112,835
109,973
109,676
112,148
119,732
433,175
436,178
430,829
427,641
424,378
422,615
422,615424,378427,641430,829436,178433,175119,732112,148109,676109,973112,83590,02893,94997,30498,1280
       Goodwill 
0
0
0
0
0
0
0
8,231
8,495
8,495
8,495
6,796
7,646
7,646
7,646
7,646
7,6467,6467,6467,6466,7968,4958,4958,4958,2310000000
       Intangible Assets 
17,984
17,644
17,401
18,237
18,760
18,274
18,396
19,955
17,486
17,095
16,348
15,993
15,018
14,500
14,157
13,796
13,79614,15714,50015,01815,99316,34817,09517,48619,95518,39618,27418,76018,23717,40117,64417,984
       Long-term Assets Other 
227
227
1,749
95,074
3,264
118,298
120,476
119,537
187,941
391,726
142,329
181,072
190,379
191,458
244,408
272,351
272,351244,408191,458190,379181,072142,329391,726187,941119,537120,476118,2983,26495,0741,749227227
> Total Liabilities 
162,575
179,447
199,593
213,224
260,971
419,011
483,090
472,489
552,690
828,100
999,099
962,886
976,786
898,484
951,921
966,185
966,185951,921898,484976,786962,886999,099828,100552,690472,489483,090419,011260,971213,224199,593179,447162,575
   > Total Current Liabilities 
152,760
167,633
189,256
202,887
251,674
400,815
468,975
407,817
431,638
522,926
707,832
671,715
699,519
622,116
688,344
750,679
750,679688,344622,116699,519671,715707,832522,926431,638407,817468,975400,815251,674202,887189,256167,633152,760
       Short Long Term Debt 
10,000
6,000
4,000
2,554
10,000
60,000
70,000
70,000
88,978
114,133
126,362
128,126
55,876
26,083
111,805
146,925
146,925111,80526,08355,876128,126126,362114,13388,97870,00070,00060,00010,0002,5544,0006,00010,000
       Accounts payable 
106,682
123,129
149,787
148,966
189,076
276,599
316,389
243,179
251,876
318,893
437,697
343,042
401,613
429,715
419,445
414,453
414,453419,445429,715401,613343,042437,697318,893251,876243,179316,389276,599189,076148,966149,787123,129106,682
       Other Current Liabilities 
0
15,657
12,733
25,249
13,384
30,295
37,415
49,656
18,078
13,334
70,905
130,679
147,522
100,926
90,259
78,887
78,88790,259100,926147,522130,67970,90513,33418,07849,65637,41530,29513,38425,24912,73315,6570
   > Long-term Liabilities 
9,815
11,815
10,337
10,337
9,297
18,196
14,115
64,673
121,051
305,174
291,268
291,171
277,266
276,368
263,577
215,507
215,507263,577276,368277,266291,171291,268305,174121,05164,67314,11518,1969,29710,33710,33711,8159,815
       Other Liabilities 
0
11,815
10,337
10,337
9,297
8,573
7,716
8,425
7,675
6,885
6,418
6,421
0
0
1,765
1,322
1,3221,765006,4216,4186,8857,6758,4257,7168,5739,29710,33710,33711,8150
       Deferred Long Term Liability 
0
2,050
1,855
4,360
4,272
3,914
5,387
5,942
5,671
6,373
7,640
7,622
6,621
0
6,113
5,854
5,8546,11306,6217,6227,6406,3735,6715,9425,3873,9144,2724,3601,8552,0500
> Total Stockholder Equity
600,548
634,324
1,147,100
1,054,934
1,088,418
1,152,230
1,118,329
1,035,108
1,066,992
1,122,147
1,102,207
1,127,294
1,203,235
1,275,623
1,240,459
1,273,223
1,273,2231,240,4591,275,6231,203,2351,127,2941,102,2071,122,1471,066,9921,035,1081,118,3291,152,2301,088,4181,054,9341,147,100634,324600,548
   Common Stock
0
156,000
208,000
208,000
208,000
208,000
301,600
301,600
301,600
301,600
301,600
309,100
0
0
309,600
309,600
309,600309,60000309,100301,600301,600301,600301,600301,600208,000208,000208,000208,000156,0000
   Retained Earnings 
301,421
383,939
448,801
354,647
386,096
447,832
413,962
400,360
500,411
555,581
553,379
650,073
555,639
591,167
644,409
661,271
661,271644,409591,167555,639650,073553,379555,581500,411400,360413,962447,832386,096354,647448,801383,939301,421
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
0
225
224
145
113
121
90
68,100
57
43
144
258
0
0
300
287
28730000258144435768,100901211131452242250



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 (+$)
totalRevenue1,451,861
Cost of Revenue-929,642
Gross Profit522,218522,218
 
Operating Income (+$)
Gross Profit522,218
Operating Expense-1,324,334
Operating Income127,527-802,115
 
Operating Expense (+$)
Research Development202,625
Selling General Administrative183,468
Selling And Marketing Expenses-
Operating Expense1,324,334386,093
 
Net Interest Income (+$)
Interest Income5,946
Interest Expense-19,245
Other Finance Cost-7,554
Net Interest Income-5,746
 
Pretax Income (+$)
Operating Income127,527
Net Interest Income-5,746
Other Non-Operating Income Expenses-
Income Before Tax (EBT)121,605127,527
EBIT - interestExpense = -19,245
103,384
122,630
Interest Expense19,245
Earnings Before Interest and Taxes (EBIT)-140,850
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax121,605
Tax Provision-9,878
Net Income From Continuing Ops111,726111,726
Net Income103,384
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-5,746
 

Technical Analysis of China Leadshine Technology Co Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of China Leadshine Technology Co Ltd. The general trend of China Leadshine Technology Co Ltd 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 China Leadshine Technology Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of China Leadshine Technology Co Ltd.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 21.54 < 22.10 < 22.63.

The bearish price targets are: 11.73.

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China Leadshine Technology Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of China Leadshine Technology Co Ltd. 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 up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is 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 down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is 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

China Leadshine Technology Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of China Leadshine Technology Co Ltd. The current macd is 0.58481636.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the China Leadshine Technology Co Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for China Leadshine Technology Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the China Leadshine Technology Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
China Leadshine Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartChina Leadshine Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of China Leadshine Technology Co Ltd. The current adx is 32.84.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy China Leadshine Technology Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
China Leadshine Technology Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of China Leadshine Technology Co Ltd. The current sar is 21.17.

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
China Leadshine Technology Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of China Leadshine Technology Co Ltd. The current rsi is 49.78. 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
China Leadshine Technology Co Ltd Daily Relative Strength Index (RSI) ChartChina Leadshine Technology Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of China Leadshine Technology Co Ltd. The current phase is Continuation in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the China Leadshine Technology Co Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
China Leadshine Technology Co Ltd Daily Stochastic Oscillator ChartChina Leadshine Technology Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of China Leadshine Technology Co Ltd. The current cci is -19.40153984.

China Leadshine Technology Co Ltd Daily Commodity Channel Index (CCI) ChartChina Leadshine Technology Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of China Leadshine Technology Co Ltd. The current cmo is -10.95788723.

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
China Leadshine Technology Co Ltd Daily Chande Momentum Oscillator (CMO) ChartChina Leadshine Technology Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of China Leadshine Technology Co Ltd. The current willr is -76.36761488.

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 China Leadshine Technology Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
China Leadshine Technology Co Ltd Daily Williams %R ChartChina Leadshine Technology Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of China Leadshine Technology Co Ltd.

China Leadshine Technology Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of China Leadshine Technology Co Ltd. The current atr is 0.94531269.

China Leadshine Technology Co Ltd Daily Average True Range (ATR) ChartChina Leadshine Technology Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of China Leadshine Technology Co Ltd. The current obv is 218,610,924.

China Leadshine Technology Co Ltd Daily On-Balance Volume (OBV) ChartChina Leadshine Technology Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of China Leadshine Technology Co Ltd. The current mfi is 41.93.

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
China Leadshine Technology Co Ltd Daily Money Flow Index (MFI) ChartChina Leadshine Technology Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for China Leadshine Technology Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-06MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-09MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-23MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-27SAR 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26STOCH 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
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05CCI 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.
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05STOCH 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).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-04MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

China Leadshine Technology Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.775
Ma 20Greater thanMa 5018.409
Ma 50Greater thanMa 10016.929
Ma 100Greater thanMa 20018.304
OpenGreater thanClose18.300
Total2/5 (40.0%)
Penke

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