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Qingdao Sentury Tire Co Ltd
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Let's analyse Qingdao Sentury Tire Co Ltd together

PenkeI guess you are interested in Qingdao Sentury Tire 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 Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd (30 sec.)










What can you expect buying and holding a share of Qingdao Sentury Tire Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.00
When do you have the money?
1 year
How often do you get paid?
76.5%

What is your share worth?

Current worth
¥15.84
Expected worth in 1 year
¥21.37
How sure are you?
94.1%

+ What do you gain per year?

Total Gains per Share
¥5.52
Return On Investment
17.6%

For what price can you sell your share?

Current Price per Share
¥31.36
Expected price per share
¥26.61 - ¥37.13
How sure are you?
50%

1. Valuation of Qingdao Sentury Tire Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥31.36

Intrinsic Value Per Share

¥25.95 - ¥31.16

Total Value Per Share

¥41.80 - ¥47.00

2. Growth of Qingdao Sentury Tire Co Ltd (5 min.)




Is Qingdao Sentury Tire Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$1.6b$1b$345.6m25.4%

How much money is Qingdao Sentury Tire Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$47.3m$27.7m$19.6m41.5%
Net Profit Margin17.4%12.7%--

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

3. Financial Health of Qingdao Sentury Tire Co Ltd (5 min.)




4. Comparing to competitors in the Auto Parts industry (5 min.)




  Industry Rankings (Auto Parts)  


Richest
#65 / 564

Most Revenue
#171 / 564

Most Profit
#72 / 564

What can you expect buying and holding a share of Qingdao Sentury Tire Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Qingdao Sentury Tire Co Ltd?

First you should know what it really means to hold a share of Qingdao Sentury Tire Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Qingdao Sentury Tire Co Ltd is ¥31.36. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Qingdao Sentury Tire 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 Qingdao Sentury Tire 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 ¥15.84. Based on the TTM, the Book Value Change Per Share is ¥1.38 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.33 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 ¥0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Qingdao Sentury Tire 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 Eps0.070.2%0.070.2%0.040.1%0.050.1%0.050.1%
Usd Book Value Change Per Share0.060.2%0.190.6%0.050.1%0.130.4%0.130.4%
Usd Dividend Per Share0.000.0%0.000.0%0.010.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.060.2%0.190.6%0.050.2%0.130.4%0.130.4%
Usd Price Per Share3.99-4.23-4.18-3.48-3.48-
Price to Earnings Ratio14.30-15.41-29.32-20.22-20.22-
Price-to-Total Gains Ratio67.76-65.00--66.60-49.12-49.12-
Price to Book Ratio1.82-2.40-3.05-2.62-2.62-
Price-to-Total Gains Ratio67.76-65.00--66.60-49.12-49.12-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.340224
Number of shares230
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.190.13
Usd Total Gains Per Share0.190.13
Gains per Quarter (230 shares)43.9530.58
Gains per Year (230 shares)175.80122.31
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101761664119112
203523427237234
3052751811356356
4070369415475478
5087987018593600
601055104622712722
701231122226831844
801406139829949966
90158215743310681088
100175817503711871210

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%17.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%15.01.01.088.2%15.01.01.088.2%15.01.01.088.2%
Dividend per Share0.00.04.00.0%8.00.04.066.7%13.00.04.076.5%13.00.04.076.5%13.00.04.076.5%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%16.01.00.094.1%16.01.00.094.1%16.01.00.094.1%

Fundamentals of Qingdao Sentury Tire Co Ltd

About Qingdao Sentury Tire Co Ltd

Qingdao Sentury Tire Co., Ltd. develops, produces, and sells tires in China. It offers PCR, motorsports, and aircraft tires under the SENTURY, LANDSAIL, DELINTE, and GROUNDSPEED brands. The company was incorporated in 2007 and is based in Qingdao, China.

Fundamental data was last updated by Penke on 2024-03-11 02:15:05.

Financial Health

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

Valuation

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

1.1. Profitability of Qingdao Sentury Tire Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Qingdao Sentury Tire Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Qingdao Sentury Tire Co Ltd to the Auto Parts industry mean.
  • A Net Profit Margin of 17.9% means that ¥0.18 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Qingdao Sentury Tire Co Ltd:

  • The MRQ is 17.9%. The company is making a huge profit. +2
  • The TTM is 17.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ17.9%TTM17.4%+0.5%
TTM17.4%YOY12.7%+4.6%
TTM17.4%5Y16.4%+1.0%
5Y16.4%10Y16.4%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ17.9%3.9%+14.0%
TTM17.4%3.6%+13.8%
YOY12.7%3.5%+9.2%
5Y16.4%2.9%+13.5%
10Y16.4%4.0%+12.4%
1.1.2. Return on Assets

Shows how efficient Qingdao Sentury Tire Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Qingdao Sentury Tire Co Ltd to the Auto Parts industry mean.
  • 2.4% Return on Assets means that Qingdao Sentury Tire Co Ltd generated ¥0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Qingdao Sentury Tire Co Ltd:

  • The MRQ is 2.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.4%TTM2.6%-0.2%
TTM2.6%YOY1.9%+0.7%
TTM2.6%5Y2.6%0.0%
5Y2.6%10Y2.6%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4%1.2%+1.2%
TTM2.6%1.0%+1.6%
YOY1.9%1.0%+0.9%
5Y2.6%0.9%+1.7%
10Y2.6%1.2%+1.4%
1.1.3. Return on Equity

Shows how efficient Qingdao Sentury Tire Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Qingdao Sentury Tire Co Ltd to the Auto Parts industry mean.
  • 3.2% Return on Equity means Qingdao Sentury Tire Co Ltd generated ¥0.03 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Qingdao Sentury Tire Co Ltd:

  • The MRQ is 3.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.2%TTM3.5%-0.3%
TTM3.5%YOY2.8%+0.8%
TTM3.5%5Y3.8%-0.3%
5Y3.8%10Y3.8%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2%2.4%+0.8%
TTM3.5%2.2%+1.3%
YOY2.8%2.1%+0.7%
5Y3.8%1.8%+2.0%
10Y3.8%2.3%+1.5%

1.2. Operating Efficiency of Qingdao Sentury Tire Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Qingdao Sentury Tire Co Ltd is operating .

  • Measures how much profit Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd to the Auto Parts 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 Sentury Tire Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM9.2%-9.2%
TTM9.2%YOY13.0%-3.7%
TTM9.2%5Y14.9%-5.7%
5Y14.9%10Y14.9%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM9.2%3.5%+5.7%
YOY13.0%4.5%+8.5%
5Y14.9%4.9%+10.0%
10Y14.9%4.8%+10.1%
1.2.2. Operating Ratio

Measures how efficient Qingdao Sentury Tire Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.54 means that the operating costs are ¥1.54 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Qingdao Sentury Tire Co Ltd:

  • The MRQ is 1.540. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.568. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.540TTM1.568-0.029
TTM1.568YOY1.659-0.091
TTM1.5685Y1.550+0.019
5Y1.55010Y1.5500.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5401.618-0.078
TTM1.5681.616-0.048
YOY1.6591.623+0.036
5Y1.5501.568-0.018
10Y1.5501.278+0.272

1.3. Liquidity of Qingdao Sentury Tire Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Qingdao Sentury Tire Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 4.95 means the company has ¥4.95 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Qingdao Sentury Tire Co Ltd:

  • The MRQ is 4.948. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.428. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.948TTM4.428+0.520
TTM4.428YOY3.472+0.956
TTM4.4285Y2.980+1.448
5Y2.98010Y2.9800.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ4.9481.650+3.298
TTM4.4281.648+2.780
YOY3.4721.604+1.868
5Y2.9801.579+1.401
10Y2.9801.351+1.629
1.3.2. Quick Ratio

Measures if Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd to the Auto Parts industry mean.
  • A Quick Ratio of 0.77 means the company can pay off ¥0.77 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Qingdao Sentury Tire Co Ltd:

  • The MRQ is 0.766. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.961. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.766TTM0.961-0.195
TTM0.961YOY0.811+0.150
TTM0.9615Y0.714+0.247
5Y0.71410Y0.7140.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7660.695+0.071
TTM0.9610.713+0.248
YOY0.8110.742+0.069
5Y0.7140.752-0.038
10Y0.7140.782-0.068

1.4. Solvency of Qingdao Sentury Tire Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Qingdao Sentury Tire Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Qingdao Sentury Tire Co Ltd to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.25 means that Qingdao Sentury Tire Co Ltd assets are financed with 24.7% credit (debt) and the remaining percentage (100% - 24.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Qingdao Sentury Tire Co Ltd:

  • The MRQ is 0.247. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.271. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.247TTM0.271-0.024
TTM0.271YOY0.314-0.043
TTM0.2715Y0.314-0.043
5Y0.31410Y0.3140.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2470.497-0.250
TTM0.2710.497-0.226
YOY0.3140.497-0.183
5Y0.3140.495-0.181
10Y0.3140.487-0.173
1.4.2. Debt to Equity Ratio

Measures if Qingdao Sentury Tire Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Qingdao Sentury Tire Co Ltd to the Auto Parts industry mean.
  • A Debt to Equity ratio of 32.8% means that company has ¥0.33 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Qingdao Sentury Tire Co Ltd:

  • The MRQ is 0.328. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.374. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.328TTM0.374-0.046
TTM0.374YOY0.458-0.085
TTM0.3745Y0.469-0.096
5Y0.46910Y0.4690.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3281.014-0.686
TTM0.3741.021-0.647
YOY0.4581.031-0.573
5Y0.4691.045-0.576
10Y0.4691.047-0.578

2. Market Valuation of Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd generates.

  • Above 15 is considered overpriced but always compare Qingdao Sentury Tire Co Ltd to the Auto Parts industry mean.
  • A PE ratio of 14.30 means the investor is paying ¥14.30 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Qingdao Sentury Tire Co Ltd:

  • The EOD is 15.549. Based on the earnings, the company is fair priced.
  • The MRQ is 14.305. Based on the earnings, the company is underpriced. +1
  • The TTM is 15.408. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD15.549MRQ14.305+1.245
MRQ14.305TTM15.408-1.104
TTM15.408YOY29.318-13.910
TTM15.4085Y20.219-4.810
5Y20.21910Y20.2190.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD15.54912.654+2.895
MRQ14.30511.732+2.573
TTM15.40812.570+2.838
YOY29.31815.239+14.079
5Y20.21916.913+3.306
10Y20.21921.344-1.125
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Qingdao Sentury Tire Co Ltd:

  • The EOD is 16.237. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 14.937. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 29.641. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD16.237MRQ14.937+1.300
MRQ14.937TTM29.641-14.703
TTM29.641YOY102.434-72.793
TTM29.6415Y16.156+13.485
5Y16.15610Y16.1560.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD16.2375.527+10.710
MRQ14.9375.007+9.930
TTM29.6413.626+26.015
YOY102.4341.231+101.203
5Y16.1562.384+13.772
10Y16.1562.661+13.495
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Qingdao Sentury Tire Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 1.82 means the investor is paying ¥1.82 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Qingdao Sentury Tire Co Ltd:

  • The EOD is 1.980. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.821. Based on the equity, the company is underpriced. +1
  • The TTM is 2.397. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.980MRQ1.821+0.158
MRQ1.821TTM2.397-0.576
TTM2.397YOY3.048-0.651
TTM2.3975Y2.625-0.228
5Y2.62510Y2.6250.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD1.9801.518+0.462
MRQ1.8211.481+0.340
TTM2.3971.516+0.881
YOY3.0481.620+1.428
5Y2.6251.700+0.925
10Y2.6252.210+0.415
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Qingdao Sentury Tire 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--0.4261.381-69%0.331+29%0.932-54%0.932-54%
Book Value Per Share--15.84213.267+19%9.942+59%9.186+72%9.186+72%
Current Ratio--4.9484.428+12%3.472+43%2.980+66%2.980+66%
Debt To Asset Ratio--0.2470.271-9%0.314-21%0.314-21%0.314-21%
Debt To Equity Ratio--0.3280.374-12%0.458-28%0.469-30%0.469-30%
Dividend Per Share----0%0.041-100%0.029-100%0.029-100%
Eps--0.5040.497+1%0.271+86%0.338+49%0.338+49%
Free Cash Flow Per Share--0.4830.412+17%-0.008+102%0.117+313%0.117+313%
Free Cash Flow To Equity Per Share--0.4831.290-63%-0.244+150%0.403+20%0.403+20%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--31.162--------
Intrinsic Value_10Y_min--25.954--------
Intrinsic Value_1Y_max--0.669--------
Intrinsic Value_1Y_min--0.655--------
Intrinsic Value_3Y_max--3.879--------
Intrinsic Value_3Y_min--3.666--------
Intrinsic Value_5Y_max--9.345--------
Intrinsic Value_5Y_min--8.513--------
Market Cap23168047472.640+7%21463888316.40022670642157.143-5%22331382492.960-4%18570545564.617+16%18570545564.617+16%
Net Profit Margin--0.1790.174+3%0.127+40%0.164+9%0.164+9%
Operating Margin---0.092-100%0.130-100%0.149-100%0.149-100%
Operating Ratio--1.5401.568-2%1.659-7%1.550-1%1.550-1%
Pb Ratio1.980+8%1.8212.397-24%3.048-40%2.625-31%2.625-31%
Pe Ratio15.549+8%14.30515.408-7%29.318-51%20.219-29%20.219-29%
Price Per Share31.360+8%28.85030.583-6%30.228-5%25.112+15%25.112+15%
Price To Free Cash Flow Ratio16.237+8%14.93729.641-50%102.434-85%16.156-8%16.156-8%
Price To Total Gains Ratio73.658+8%67.76364.996+4%-66.600+198%49.122+38%49.122+38%
Quick Ratio--0.7660.961-20%0.811-6%0.714+7%0.714+7%
Return On Assets--0.0240.026-6%0.019+27%0.026-6%0.026-6%
Return On Equity--0.0320.035-9%0.028+16%0.038-16%0.038-16%
Total Gains Per Share--0.4261.381-69%0.372+14%0.961-56%0.961-56%
Usd Book Value--1631223236.1311362118033.375+20%1016507985.971+60%940523004.899+73%940523004.899+73%
Usd Book Value Change Per Share--0.0590.191-69%0.046+29%0.129-54%0.129-54%
Usd Book Value Per Share--2.1931.836+19%1.376+59%1.271+72%1.271+72%
Usd Dividend Per Share----0%0.006-100%0.004-100%0.004-100%
Usd Eps--0.0700.069+1%0.038+86%0.047+49%0.047+49%
Usd Free Cash Flow--49717710.32442387818.515+17%-827092.168+102%11997642.550+314%11997642.550+314%
Usd Free Cash Flow Per Share--0.0670.057+17%-0.001+102%0.016+313%0.016+313%
Usd Free Cash Flow To Equity Per Share--0.0670.178-63%-0.034+150%0.056+20%0.056+20%
Usd Market Cap3206457770.213+7%2970602142.9903137616874.549-5%3090663337.026-4%2570163506.143+16%2570163506.143+16%
Usd Price Per Share4.340+8%3.9934.233-6%4.183-5%3.476+15%3.476+15%
Usd Profit--51916524.97047350414.666+10%27709608.497+87%33509645.219+55%33509645.219+55%
Usd Revenue--290606407.093271325999.706+7%217709609.061+33%205244316.988+42%205244316.988+42%
Usd Total Gains Per Share--0.0590.191-69%0.051+14%0.133-56%0.133-56%
 EOD+4 -4MRQTTM+20 -13YOY+28 -75Y+25 -1010Y+25 -10

3.2. Fundamental Score

Let's check the fundamental score of Qingdao Sentury Tire Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1515.549
Price to Book Ratio (EOD)Between0-11.980
Net Profit Margin (MRQ)Greater than00.179
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.766
Current Ratio (MRQ)Greater than14.948
Debt to Asset Ratio (MRQ)Less than10.247
Debt to Equity Ratio (MRQ)Less than10.328
Return on Equity (MRQ)Greater than0.150.032
Return on Assets (MRQ)Greater than0.050.024
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Qingdao Sentury Tire Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.428
Ma 20Greater thanMa 5031.181
Ma 50Greater thanMa 10030.433
Ma 100Greater thanMa 20029.607
OpenGreater thanClose31.590
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in CNY. All numbers in thousands.

Summary
Total Assets15,649,926
Total Liabilities3,863,631
Total Stockholder Equity11,786,295
 As reported
Total Liabilities 3,863,631
Total Stockholder Equity+ 11,786,295
Total Assets = 15,649,926

Assets

Total Assets15,649,926
Total Current Assets8,714,477
Long-term Assets6,935,450
Total Current Assets
Cash And Cash Equivalents 3,893,867
Short-term Investments 210,585
Net Receivables 1,137,727
Inventory 1,469,951
Other Current Assets 1,820,106
Total Current Assets  (as reported)8,714,477
Total Current Assets  (calculated)8,532,236
+/- 182,241
Long-term Assets
Property Plant Equipment 6,015,761
Intangible Assets 193,062
Long-term Assets Other 678,989
Long-term Assets  (as reported)6,935,450
Long-term Assets  (calculated)6,887,812
+/- 47,638

Liabilities & Shareholders' Equity

Total Current Liabilities1,761,066
Long-term Liabilities2,102,565
Total Stockholder Equity11,786,295
Total Current Liabilities
Accounts payable 1,141,718
Other Current Liabilities 23,497
Total Current Liabilities  (as reported)1,761,066
Total Current Liabilities  (calculated)1,165,215
+/- 595,851
Long-term Liabilities
Long term Debt 1,962,282
Capital Lease Obligations Min Short Term Debt4,023
Long-term Liabilities Other 19,624
Long-term Liabilities  (as reported)2,102,565
Long-term Liabilities  (calculated)1,985,928
+/- 116,638
Total Stockholder Equity
Retained Earnings 5,194,652
Total Stockholder Equity (as reported)11,786,295
Total Stockholder Equity (calculated)5,194,652
+/- 6,591,643
Other
Capital Stock743,982
Common Stock Shares Outstanding 743,982
Net Invested Capital 13,748,577
Net Working Capital 6,953,411
Property Plant and Equipment Gross 9,106,794



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-31
> Total Assets 
6,406,220
0
6,805,944
7,795,514
7,736,737
7,803,469
8,016,844
8,177,774
10,395,035
10,071,026
10,681,357
10,958,465
11,115,557
11,126,633
11,863,577
15,061,419
15,649,926
15,649,92615,061,41911,863,57711,126,63311,115,55710,958,46510,681,35710,071,02610,395,0358,177,7748,016,8447,803,4697,736,7377,795,5146,805,94406,406,220
   > Total Current Assets 
2,366,724
2,697,083
2,697,083
3,787,619
3,256,794
3,011,223
2,966,850
2,912,204
5,023,944
4,616,148
4,895,996
4,809,975
4,831,168
4,783,406
5,198,087
8,318,573
8,714,477
8,714,4778,318,5735,198,0874,783,4064,831,1684,809,9754,895,9964,616,1485,023,9442,912,2042,966,8503,011,2233,256,7943,787,6192,697,0832,697,0832,366,724
       Cash And Cash Equivalents 
904,590
0
1,252,658
2,234,313
1,620,292
1,159,635
639,737
686,771
1,544,308
1,753,197
2,094,122
1,886,332
1,988,524
2,180,753
1,358,759
5,356,681
3,893,867
3,893,8675,356,6811,358,7592,180,7531,988,5241,886,3322,094,1221,753,1971,544,308686,771639,7371,159,6351,620,2922,234,3131,252,6580904,590
       Short-term Investments 
0
0
0
815
150,975
20,205
150,711
161,726
1,300,766
512,503
11,833
315,820
31,719
11,727
878,223
211,303
210,585
210,585211,303878,22311,72731,719315,82011,833512,5031,300,766161,726150,71120,205150,975815000
       Net Receivables 
554,144
589,278
589,278
686,309
544,738
697,652
713,367
678,370
703,727
742,370
921,050
917,483
977,373
867,310
1,205,685
1,263,368
1,137,727
1,137,7271,263,3681,205,685867,310977,373917,483921,050742,370703,727678,370713,367697,652544,738686,309589,278589,278554,144
       Inventory 
789,621
787,562
787,562
722,732
793,679
985,348
1,358,867
1,228,980
1,353,701
1,410,601
1,674,258
1,558,264
1,736,721
1,468,517
1,556,037
1,233,831
1,469,951
1,469,9511,233,8311,556,0371,468,5171,736,7211,558,2641,674,2581,410,6011,353,7011,228,9801,358,867985,348793,679722,732787,562787,562789,621
       Other Current Assets 
118,369
66,920
66,920
143,451
146,981
148,383
104,038
156,357
121,443
197,476
194,733
132,076
96,831
44,048
199,383
253,389
1,820,106
1,820,106253,389199,38344,04896,831132,076194,733197,476121,443156,357104,038148,383146,981143,45166,92066,920118,369
   > Long-term Assets 
4,039,496
0
4,108,861
4,007,894
4,479,944
4,792,246
5,049,995
5,265,570
5,371,091
5,454,878
5,785,360
6,148,489
6,284,389
6,343,227
6,665,490
6,742,846
6,935,450
6,935,4506,742,8466,665,4906,343,2276,284,3896,148,4895,785,3605,454,8785,371,0915,265,5705,049,9954,792,2464,479,9444,007,8944,108,86104,039,496
       Property Plant Equipment 
3,524,509
3,637,512
3,637,512
3,511,488
3,562,961
3,898,350
4,281,070
4,737,644
4,997,983
5,131,066
5,453,377
5,678,268
5,486,034
5,617,167
5,928,122
6,092,753
6,015,761
6,015,7616,092,7535,928,1225,617,1675,486,0345,678,2685,453,3775,131,0664,997,9834,737,6444,281,0703,898,3503,562,9613,511,4883,637,5123,637,5123,524,509
       Intangible Assets 
193,408
0
173,344
161,758
150,967
146,166
141,328
139,157
140,936
139,583
137,071
135,138
193,497
191,426
189,365
189,258
193,062
193,062189,258189,365191,426193,497135,138137,071139,583140,936139,157141,328146,166150,967161,758173,3440193,408
       Other Assets 
321,579
298,004
298,004
334,648
766,015
737,230
617,096
367,769
211,173
163,229
173,912
314,083
583,858
0
527,002
439,834
0
0439,834527,0020583,858314,083173,912163,229211,173367,769617,096737,230766,015334,648298,004298,004321,579
> Total Liabilities 
2,796,052
0
2,773,311
2,306,763
2,186,889
2,002,627
2,087,009
2,065,974
3,748,826
3,211,389
3,463,191
3,281,088
3,491,892
3,337,299
3,541,141
3,591,911
3,863,631
3,863,6313,591,9113,541,1413,337,2993,491,8923,281,0883,463,1913,211,3893,748,8262,065,9742,087,0092,002,6272,186,8892,306,7632,773,31102,796,052
   > Total Current Liabilities 
1,396,911
1,534,768
1,534,768
1,626,789
1,609,712
1,436,239
1,560,537
1,463,879
1,431,972
1,276,620
1,514,233
1,310,019
1,435,421
1,277,501
1,469,012
1,517,773
1,761,066
1,761,0661,517,7731,469,0121,277,5011,435,4211,310,0191,514,2331,276,6201,431,9721,463,8791,560,5371,436,2391,609,7121,626,7891,534,7681,534,7681,396,911
       Short Long Term Debt 
105,565
0
283,760
203,997
165,908
65,960
186,811
178,078
62,386
0
0
0
0
0
0
0
0
0000000062,386178,078186,81165,960165,908203,997283,7600105,565
       Accounts payable 
687,437
552,653
552,653
698,746
818,777
765,714
734,417
824,429
977,931
997,742
1,105,422
808,631
898,967
969,572
1,047,052
1,037,182
1,141,718
1,141,7181,037,1821,047,052969,572898,967808,6311,105,422997,742977,931824,429734,417765,714818,777698,746552,653552,653687,437
       Other Current Liabilities 
63,010
153,519
153,519
649,925
200,929
345,081
244,134
202,994
79,702
208,347
222,932
425,573
210,081
5,325
245,150
402,583
23,497
23,497402,583245,1505,325210,081425,573222,932208,34779,702202,994244,134345,081200,929649,925153,519153,51963,010
   > Long-term Liabilities 
1,399,141
0
1,238,543
679,974
577,177
566,388
526,473
602,094
2,316,854
1,934,770
1,948,957
1,971,069
2,056,471
2,059,798
2,072,128
2,074,138
2,102,565
2,102,5652,074,1382,072,1282,059,7982,056,4711,971,0691,948,9571,934,7702,316,854602,094526,473566,388577,177679,9741,238,54301,399,141
       Long term Debt 
1,323,517
0
1,160,523
603,993
451,673
402,656
352,567
432,074
2,206,592
1,831,788
1,848,430
1,867,842
1,887,148
1,905,932
1,924,944
1,944,155
1,962,282
1,962,2821,944,1551,924,9441,905,9321,887,1481,867,8421,848,4301,831,7882,206,592432,074352,567402,656451,673603,9931,160,52301,323,517
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
46,379
43,557
41,022
24,146
21,223
19,642
17,723
14,518
11,367
8,844
5,698
4,023
4,0235,6988,84411,36714,51817,72319,64221,22324,14641,02243,55746,37900000
       Other Liabilities 
75,624
78,020
78,020
75,981
125,504
117,353
130,349
128,998
86,116
81,759
80,885
85,503
154,805
0
138,340
124,284
0
0124,284138,3400154,80585,50380,88581,75986,116128,998130,349117,353125,50475,98178,02078,02075,624
       Long-term Liabilities Other 
3,719
0
7,828
7,396
47,395
45,159
50,533
50,913
9,821
7,017
7,685
8,396
16,849
8,620
9,347
9,889
19,624
19,6249,8899,3478,62016,8498,3967,6857,0179,82150,91350,53345,15947,3957,3967,82803,719
> Total Stockholder Equity
3,610,167
0
4,032,633
5,488,751
5,549,848
5,800,842
5,929,835
6,111,800
6,646,208
6,859,636
7,218,166
7,677,376
7,623,665
7,789,334
8,322,436
11,469,507
11,786,295
11,786,29511,469,5078,322,4367,789,3347,623,6657,677,3767,218,1666,859,6366,646,2086,111,8005,929,8355,800,8425,549,8485,488,7514,032,63303,610,167
   Common Stock
580,669
580,669
580,669
649,669
649,669
649,669
649,669
649,669
649,669
649,669
649,670
649,670
649,671
0
649,672
743,980
0
0743,980649,6720649,671649,670649,670649,669649,669649,669649,669649,669649,669649,669580,669580,669580,669
   Retained Earnings 
1,750,740
2,135,566
2,135,566
2,466,781
2,622,149
2,849,219
3,019,047
3,195,003
3,375,507
3,608,616
3,742,774
3,927,059
4,065,919
4,209,995
4,672,151
5,059,309
5,194,652
5,194,6525,059,3094,672,1514,209,9954,065,9193,927,0593,742,7743,608,6163,375,5073,195,0033,019,0472,849,2192,622,1492,466,7812,135,5662,135,5661,750,740
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
113,098
150,737
150,737
66,513
-28,075
-5,101
-46,887
-41,827
309,950
288,647
487,599
737,119
609,262
0
800,470
761,740
0
0761,740800,4700609,262737,119487,599288,647309,950-41,827-46,887-5,101-28,07566,513150,737150,737113,098



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 (+$)
totalRevenue7,841,792
Cost of Revenue-5,865,258
Gross Profit1,976,5341,976,534
 
Operating Income (+$)
Gross Profit1,976,534
Operating Expense-6,401,382
Operating Income1,440,410-4,424,848
 
Operating Expense (+$)
Research Development165,377
Selling General Administrative262,747
Selling And Marketing Expenses0
Operating Expense6,401,382428,125
 
Net Interest Income (+$)
Interest Income76,299
Interest Expense-88,423
Other Finance Cost-7,502
Net Interest Income-19,626
 
Pretax Income (+$)
Operating Income1,440,410
Net Interest Income-19,626
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,470,6031,440,410
EBIT - interestExpense = -88,423
1,368,509
1,456,932
Interest Expense88,423
Earnings Before Interest and Taxes (EBIT)01,559,026
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax1,470,603
Tax Provision-102,094
Net Income From Continuing Ops1,368,5091,368,509
Net Income1,368,509
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net019,626
 

Technical Analysis of Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The general trend of Qingdao Sentury Tire Co Ltd is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Qingdao Sentury Tire 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 (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Qingdao Sentury Tire 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: 32.49 < 32.75 < 37.13.

The bearish price targets are: 29.73 > 26.90 > 26.61.

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Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is 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 higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above 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 up: The MA 100 is trending up. +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 up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The current macd is 0.09548433.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is 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 Sentury Tire 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 Qingdao Sentury Tire 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 Qingdao Sentury Tire 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Qingdao Sentury Tire Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartQingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The current adx is 19.18.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-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 Qingdao Sentury Tire Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The current sar is 29.61.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The current rsi is 54.43. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Qingdao Sentury Tire Co Ltd Daily Relative Strength Index (RSI) ChartQingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The current phase is Continuation in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Qingdao Sentury Tire Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Qingdao Sentury Tire Co Ltd Daily Stochastic Oscillator ChartQingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The current cci is 27.46.

Qingdao Sentury Tire Co Ltd Daily Commodity Channel Index (CCI) ChartQingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The current cmo is 11.53.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Qingdao Sentury Tire Co Ltd Daily Chande Momentum Oscillator (CMO) ChartQingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The current willr is -28.27868852.

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 Sentury Tire Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Qingdao Sentury Tire Co Ltd Daily Williams %R ChartQingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd.

Qingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The current atr is 1.02103789.

Qingdao Sentury Tire Co Ltd Daily Average True Range (ATR) ChartQingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The current obv is 119,995,504.

Qingdao Sentury Tire Co Ltd Daily On-Balance Volume (OBV) ChartQingdao Sentury Tire 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 Qingdao Sentury Tire Co Ltd. The current mfi is 42.85.

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 Sentury Tire Co Ltd Daily Money Flow Index (MFI) ChartQingdao Sentury Tire Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Qingdao Sentury Tire Co Ltd.

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

Qingdao Sentury Tire Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Qingdao Sentury Tire Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.428
Ma 20Greater thanMa 5031.181
Ma 50Greater thanMa 10030.433
Ma 100Greater thanMa 20029.607
OpenGreater thanClose31.590
Total4/5 (80.0%)
Penke

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