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Jiangsu Rijiu Optoelectronics Joint
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I'm going to help you getting a better view of Jiangsu Rijiu Optoelectronics Joint. 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.

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Quick analysis of Jiangsu Rijiu Optoelectronics Joint (30 sec.)










What can you expect buying and holding a share of Jiangsu Rijiu Optoelectronics Joint? (30 sec.)

How much money do you get?

How much money do you get?
¥0.00
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥3.56
Expected worth in 1 year
¥3.40
How sure are you?
68.8%

+ What do you gain per year?

Total Gains per Share
¥-0.15
Return On Investment
-1.1%

For what price can you sell your share?

Current Price per Share
¥13.01
Expected price per share
¥6.58 - ¥17.10
How sure are you?
50%

1. Valuation of Jiangsu Rijiu Optoelectronics Joint (5 min.)




Live pricePrice per Share (EOD)

¥13.01

Intrinsic Value Per Share

¥0.79 - ¥0.96

Total Value Per Share

¥4.35 - ¥4.52

2. Growth of Jiangsu Rijiu Optoelectronics Joint (5 min.)




Is Jiangsu Rijiu Optoelectronics Joint growing?

Current yearPrevious yearGrowGrow %
How rich?$138.5m$149m-$7.2m-5.1%

How much money is Jiangsu Rijiu Optoelectronics Joint making?

Current yearPrevious yearGrowGrow %
Making money$290.2k$1.7m-$1.4m-486.4%
Net Profit Margin1.4%9.9%--

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

3. Financial Health of Jiangsu Rijiu Optoelectronics Joint (5 min.)




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




  Industry Rankings (Specialty Chemicals)  


Richest
#321 / 565

Most Revenue
#454 / 565

Most Profit
#400 / 565

Most Efficient
#376 / 565

What can you expect buying and holding a share of Jiangsu Rijiu Optoelectronics Joint? (5 min.)

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

What can you expect buying and holding a share of Jiangsu Rijiu Optoelectronics Joint?

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

Speculation

The Price per Share of Jiangsu Rijiu Optoelectronics Joint is ¥13.01. 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 Jiangsu Rijiu Optoelectronics Joint.
  • 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 Jiangsu Rijiu Optoelectronics Joint, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥3.56. Based on the TTM, the Book Value Change Per Share is ¥-0.04 per quarter. Based on the YOY, the Book Value Change Per Share is ¥-0.09 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 Jiangsu Rijiu Optoelectronics Joint.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.000.0%0.000.0%0.010.0%0.010.1%0.010.1%
Usd Book Value Change Per Share0.000.0%-0.010.0%-0.01-0.1%0.030.2%0.030.2%
Usd Dividend Per Share0.000.0%0.000.0%0.010.1%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%-0.010.0%-0.010.0%0.030.3%0.030.3%
Usd Price Per Share1.56-1.35-1.36-1.15-1.15-
Price to Earnings Ratio437.40-134.36-65.44-60.65-60.65-
Price-to-Total Gains Ratio1,109.36-236.26--190.26-54.05-54.05-
Price to Book Ratio3.16-2.68-2.55-2.15-2.15-
Price-to-Total Gains Ratio1,109.36-236.26--190.26-54.05-54.05-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.800584
Number of shares555
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.010.03
Usd Total Gains Per Share-0.010.03
Gains per Quarter (555 shares)-2.8519.27
Gains per Year (555 shares)-11.4277.07
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11-13-2196867
22-25-3217137144
33-38-4326205221
45-50-5435274298
56-63-6543342375
67-75-7652410452
78-88-8761479529
89-100-9869547606
910-113-10978615683
1011-125-12087684760

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%11.01.00.091.7%15.01.00.093.8%15.01.00.093.8%15.01.00.093.8%
Book Value Change Per Share2.02.00.050.0%6.06.00.050.0%9.06.01.056.3%9.06.01.056.3%9.06.01.056.3%
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 Share2.02.00.050.0%7.05.00.058.3%11.05.00.068.8%11.05.00.068.8%11.05.00.068.8%

Fundamentals of Jiangsu Rijiu Optoelectronics Joint

About Jiangsu Rijiu Optoelectronics Joint

Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd. engages in the research and development, production, and sales of touch display application materials. It offers conductive film products, including high and low square resistance ITO conductive film, copper film, EMI film, and MITO film products; optical film products, such as optical decorative films and 2A/3A film products; and optical adhesive products comprising full stick and frame stick OCA optical adhesive products. The company was formerly known as Kunshan Rijiu New Energy Applied Materials Co., Ltd. and changed its name to Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd in January 2015. Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd. was founded in 2010 and is based in Kunshan, China.

Fundamental data was last updated by Penke on 2024-03-11 02:30:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 expensive.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Jiangsu Rijiu Optoelectronics Joint.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Jiangsu Rijiu Optoelectronics Joint earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Jiangsu Rijiu Optoelectronics Joint to the Specialty Chemicals industry mean.
  • A Net Profit Margin of 1.3% means that ¥0.01 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Jiangsu Rijiu Optoelectronics Joint:

  • The MRQ is 1.3%. The company is making a profit. +1
  • The TTM is 1.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.3%TTM1.4%-0.1%
TTM1.4%YOY9.9%-8.5%
TTM1.4%5Y11.9%-10.5%
5Y11.9%10Y11.9%0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3%4.2%-2.9%
TTM1.4%4.2%-2.8%
YOY9.9%6.5%+3.4%
5Y11.9%6.0%+5.9%
10Y11.9%6.0%+5.9%
1.1.2. Return on Assets

Shows how efficient Jiangsu Rijiu Optoelectronics Joint is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Jiangsu Rijiu Optoelectronics Joint to the Specialty Chemicals industry mean.
  • 0.1% Return on Assets means that Jiangsu Rijiu Optoelectronics Joint generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Jiangsu Rijiu Optoelectronics Joint:

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.2%0.0%
TTM0.2%YOY0.9%-0.7%
TTM0.2%5Y1.3%-1.1%
5Y1.3%10Y1.3%0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%1.1%-1.0%
TTM0.2%1.1%-0.9%
YOY0.9%1.7%-0.8%
5Y1.3%1.6%-0.3%
10Y1.3%1.7%-0.4%
1.1.3. Return on Equity

Shows how efficient Jiangsu Rijiu Optoelectronics Joint is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Jiangsu Rijiu Optoelectronics Joint to the Specialty Chemicals industry mean.
  • 0.2% Return on Equity means Jiangsu Rijiu Optoelectronics Joint generated ¥0.00 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Jiangsu Rijiu Optoelectronics Joint:

  • The MRQ is 0.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%0.0%
TTM0.2%YOY1.1%-0.9%
TTM0.2%5Y1.8%-1.6%
5Y1.8%10Y1.8%0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%2.2%-2.0%
TTM0.2%2.0%-1.8%
YOY1.1%3.2%-2.1%
5Y1.8%2.8%-1.0%
10Y1.8%2.8%-1.0%

1.2. Operating Efficiency of Jiangsu Rijiu Optoelectronics Joint.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Jiangsu Rijiu Optoelectronics Joint is operating .

  • Measures how much profit Jiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint to the Specialty Chemicals industry mean.
  • An Operating Margin of 9.2% means the company generated ¥0.09  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Jiangsu Rijiu Optoelectronics Joint:

  • The MRQ is 9.2%. The company is operating less efficient.
  • The TTM is 2.6%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.2%TTM2.6%+6.6%
TTM2.6%YOY11.8%-9.1%
TTM2.6%5Y13.4%-10.8%
5Y13.4%10Y13.4%0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ9.2%7.5%+1.7%
TTM2.6%4.9%-2.3%
YOY11.8%8.3%+3.5%
5Y13.4%8.1%+5.3%
10Y13.4%7.3%+6.1%
1.2.2. Operating Ratio

Measures how efficient Jiangsu Rijiu Optoelectronics Joint is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 1.73 means that the operating costs are ¥1.73 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Jiangsu Rijiu Optoelectronics Joint:

  • The MRQ is 1.726. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.695. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.726TTM1.695+0.031
TTM1.695YOY1.560+0.135
TTM1.6955Y1.508+0.188
5Y1.50810Y1.5080.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7261.529+0.197
TTM1.6951.530+0.165
YOY1.5601.459+0.101
5Y1.5081.459+0.049
10Y1.5081.228+0.280

1.3. Liquidity of Jiangsu Rijiu Optoelectronics Joint.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Jiangsu Rijiu Optoelectronics Joint is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 1.95 means the company has ¥1.95 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Jiangsu Rijiu Optoelectronics Joint:

  • The MRQ is 1.945. The company is able to pay all its short-term debts. +1
  • The TTM is 2.121. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.945TTM2.121-0.176
TTM2.121YOY2.738-0.617
TTM2.1215Y2.571-0.449
5Y2.57110Y2.5710.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9451.831+0.114
TTM2.1211.875+0.246
YOY2.7381.896+0.842
5Y2.5711.926+0.645
10Y2.5711.762+0.809
1.3.2. Quick Ratio

Measures if Jiangsu Rijiu Optoelectronics Joint is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Jiangsu Rijiu Optoelectronics Joint to the Specialty Chemicals industry mean.
  • A Quick Ratio of 0.82 means the company can pay off ¥0.82 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Jiangsu Rijiu Optoelectronics Joint:

  • The MRQ is 0.824. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.840. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.824TTM0.840-0.016
TTM0.840YOY1.124-0.284
TTM0.8405Y1.024-0.184
5Y1.02410Y1.0240.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8240.846-0.022
TTM0.8400.884-0.044
YOY1.1240.966+0.158
5Y1.0241.049-0.025
10Y1.0241.030-0.006

1.4. Solvency of Jiangsu Rijiu Optoelectronics Joint.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Jiangsu Rijiu Optoelectronics Joint assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Jiangsu Rijiu Optoelectronics Joint to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.23 means that Jiangsu Rijiu Optoelectronics Joint assets are financed with 23.1% credit (debt) and the remaining percentage (100% - 23.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Jiangsu Rijiu Optoelectronics Joint:

  • The MRQ is 0.231. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.208. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.231TTM0.208+0.023
TTM0.208YOY0.197+0.011
TTM0.2085Y0.239-0.032
5Y0.23910Y0.2390.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2310.431-0.200
TTM0.2080.427-0.219
YOY0.1970.426-0.229
5Y0.2390.433-0.194
10Y0.2390.439-0.200
1.4.2. Debt to Equity Ratio

Measures if Jiangsu Rijiu Optoelectronics Joint is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Jiangsu Rijiu Optoelectronics Joint to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 30.0% means that company has ¥0.30 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Jiangsu Rijiu Optoelectronics Joint:

  • The MRQ is 0.300. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.262. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.300TTM0.262+0.038
TTM0.262YOY0.245+0.017
TTM0.2625Y0.327-0.065
5Y0.32710Y0.3270.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3000.767-0.467
TTM0.2620.752-0.490
YOY0.2450.747-0.502
5Y0.3270.797-0.470
10Y0.3270.845-0.518

2. Market Valuation of Jiangsu Rijiu Optoelectronics Joint

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 Jiangsu Rijiu Optoelectronics Joint generates.

  • Above 15 is considered overpriced but always compare Jiangsu Rijiu Optoelectronics Joint to the Specialty Chemicals industry mean.
  • A PE ratio of 437.40 means the investor is paying ¥437.40 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Jiangsu Rijiu Optoelectronics Joint:

  • The EOD is 506.283. Based on the earnings, the company is expensive. -2
  • The MRQ is 437.404. Based on the earnings, the company is expensive. -2
  • The TTM is 134.360. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD506.283MRQ437.404+68.879
MRQ437.404TTM134.360+303.043
TTM134.360YOY65.437+68.923
TTM134.3605Y60.645+73.715
5Y60.64510Y60.6450.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD506.28315.198+491.085
MRQ437.40413.988+423.416
TTM134.36015.705+118.655
YOY65.43717.841+47.596
5Y60.64519.498+41.147
10Y60.64523.951+36.694
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Jiangsu Rijiu Optoelectronics Joint:

  • The EOD is 118.712. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 102.562. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 90.525. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD118.712MRQ102.562+16.151
MRQ102.562TTM90.525+12.037
TTM90.525YOY-5.997+96.522
TTM90.5255Y0.932+89.593
5Y0.93210Y0.9320.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD118.7124.953+113.759
MRQ102.5624.382+98.180
TTM90.5252.275+88.250
YOY-5.997-0.150-5.847
5Y0.9323.098-2.166
10Y0.9322.609-1.677
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Jiangsu Rijiu Optoelectronics Joint is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 3.16 means the investor is paying ¥3.16 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Jiangsu Rijiu Optoelectronics Joint:

  • The EOD is 3.653. Based on the equity, the company is fair priced.
  • The MRQ is 3.156. Based on the equity, the company is fair priced.
  • The TTM is 2.681. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.653MRQ3.156+0.497
MRQ3.156TTM2.681+0.475
TTM2.681YOY2.553+0.128
TTM2.6815Y2.148+0.533
5Y2.14810Y2.1480.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD3.6531.735+1.918
MRQ3.1561.781+1.375
TTM2.6811.854+0.827
YOY2.5532.306+0.247
5Y2.1482.348-0.200
10Y2.1482.842-0.694
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Jiangsu Rijiu Optoelectronics Joint 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--0.006-0.041+736%-0.095+1577%0.223-97%0.223-97%
Book Value Per Share--3.5613.644-2%3.831-7%3.455+3%3.455+3%
Current Ratio--1.9452.121-8%2.738-29%2.571-24%2.571-24%
Debt To Asset Ratio--0.2310.208+11%0.197+17%0.239-3%0.239-3%
Debt To Equity Ratio--0.3000.262+14%0.245+22%0.327-8%0.327-8%
Dividend Per Share--0.0040.004+1%0.053-93%0.028-87%0.028-87%
Eps--0.0060.007-14%0.044-85%0.055-88%0.055-88%
Free Cash Flow Per Share--0.0270.044-38%0.020+39%0.014+99%0.014+99%
Free Cash Flow To Equity Per Share--0.1510.104+45%-0.151+200%0.138+9%0.138+9%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.956--------
Intrinsic Value_10Y_min--0.793--------
Intrinsic Value_1Y_max--0.011--------
Intrinsic Value_1Y_min--0.011--------
Intrinsic Value_3Y_max--0.098--------
Intrinsic Value_3Y_min--0.092--------
Intrinsic Value_5Y_max--0.263--------
Intrinsic Value_5Y_min--0.238--------
Market Cap3656681774.080+14%3159193169.9202740403328.000+15%2755862013.440+15%2329869829.440+36%2329869829.440+36%
Net Profit Margin--0.0130.014-8%0.099-87%0.119-89%0.119-89%
Operating Margin--0.0920.026+251%0.118-22%0.134-31%0.134-31%
Operating Ratio--1.7261.695+2%1.560+11%1.508+14%1.508+14%
Pb Ratio3.653+14%3.1562.681+18%2.553+24%2.148+47%2.148+47%
Pe Ratio506.283+14%437.404134.360+226%65.437+568%60.645+621%60.645+621%
Price Per Share13.010+14%11.2409.750+15%9.805+15%8.289+36%8.289+36%
Price To Free Cash Flow Ratio118.712+14%102.56290.525+13%-5.997+106%0.932+10910%0.932+10910%
Price To Total Gains Ratio1284.056+14%1109.361236.261+370%-190.259+117%54.049+1952%54.049+1952%
Quick Ratio--0.8240.840-2%1.124-27%1.024-19%1.024-19%
Return On Assets--0.0010.002-17%0.009-85%0.013-89%0.013-89%
Return On Equity--0.0020.002-14%0.011-84%0.018-90%0.018-90%
Total Gains Per Share--0.010-0.037+467%-0.042+511%0.251-96%0.251-96%
Usd Book Value--138528875.034141756978.500-2%149039691.074-7%134403114.174+3%134403114.174+3%
Usd Book Value Change Per Share--0.001-0.006+736%-0.013+1577%0.031-97%0.031-97%
Usd Book Value Per Share--0.4930.504-2%0.530-7%0.478+3%0.478+3%
Usd Dividend Per Share--0.0010.001+1%0.007-93%0.004-87%0.004-87%
Usd Eps--0.0010.001-14%0.006-85%0.008-88%0.008-88%
Usd Free Cash Flow--1065779.7531730337.601-38%765148.141+39%535544.956+99%535544.956+99%
Usd Free Cash Flow Per Share--0.0040.006-38%0.003+39%0.002+99%0.002+99%
Usd Free Cash Flow To Equity Per Share--0.0210.014+45%-0.021+200%0.019+9%0.019+9%
Usd Market Cap506084757.533+14%437232334.717379271820.595+15%381411302.660+15%322453984.394+36%322453984.394+36%
Usd Price Per Share1.801+14%1.5561.349+15%1.357+15%1.147+36%1.147+36%
Usd Profit--249902.418290227.006-14%1702001.917-85%2132337.179-88%2132337.179-88%
Usd Revenue--19337550.83916033532.817+21%16881590.091+15%17171721.459+13%17171721.459+13%
Usd Total Gains Per Share--0.001-0.005+467%-0.006+511%0.035-96%0.035-96%
 EOD+4 -4MRQTTM+14 -21YOY+14 -215Y+15 -2010Y+15 -20

3.2. Fundamental Score

Let's check the fundamental score of Jiangsu Rijiu Optoelectronics Joint based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15506.283
Price to Book Ratio (EOD)Between0-13.653
Net Profit Margin (MRQ)Greater than00.013
Operating Margin (MRQ)Greater than00.092
Quick Ratio (MRQ)Greater than10.824
Current Ratio (MRQ)Greater than11.945
Debt to Asset Ratio (MRQ)Less than10.231
Debt to Equity Ratio (MRQ)Less than10.300
Return on Equity (MRQ)Greater than0.150.002
Return on Assets (MRQ)Greater than0.050.001
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Jiangsu Rijiu Optoelectronics Joint based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.086
Ma 20Greater thanMa 5011.720
Ma 50Greater thanMa 10010.828
Ma 100Greater thanMa 20011.181
OpenGreater thanClose11.750
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets1,301,267
Total Liabilities300,336
Total Stockholder Equity1,000,931
 As reported
Total Liabilities 300,336
Total Stockholder Equity+ 1,000,931
Total Assets = 1,301,267

Assets

Total Assets1,301,267
Total Current Assets547,314
Long-term Assets753,953
Total Current Assets
Cash And Cash Equivalents 147,659
Short-term Investments 40,025
Net Receivables 191,869
Inventory 162,089
Other Current Assets 5,671
Total Current Assets  (as reported)547,314
Total Current Assets  (calculated)547,314
+/- 0
Long-term Assets
Property Plant Equipment 711,360
Intangible Assets 35,653
Other Assets 6,940
Long-term Assets  (as reported)753,953
Long-term Assets  (calculated)753,953
+/- 0

Liabilities & Shareholders' Equity

Total Current Liabilities281,339
Long-term Liabilities18,997
Total Stockholder Equity1,000,931
Total Current Liabilities
Short Long Term Debt 130,341
Accounts payable 86,389
Other Current Liabilities 30,430
Total Current Liabilities  (as reported)281,339
Total Current Liabilities  (calculated)247,159
+/- 34,180
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt2,057
Other Liabilities 16,940
Long-term Liabilities  (as reported)18,997
Long-term Liabilities  (calculated)18,997
+/- 0
Total Stockholder Equity
Common Stock281,067
Retained Earnings 294,036
Total Stockholder Equity (as reported)1,000,931
Total Stockholder Equity (calculated)575,103
+/- 425,828
Other
Capital Stock281,067
Common Stock Shares Outstanding 281,067
Net Invested Capital 1,131,272
Net Tangible Assets 965,278
Net Working Capital 265,976
Property Plant and Equipment Gross 711,360



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312016-06-302016-03-31
> Total Assets 
0
0
1,002,061
0
992,717
996,095
1,437,504
1,434,284
1,395,744
1,410,998
1,342,555
1,366,191
1,334,199
1,318,259
1,308,668
1,304,452
1,255,834
1,301,267
1,301,2671,255,8341,304,4521,308,6681,318,2591,334,1991,366,1911,342,5551,410,9981,395,7441,434,2841,437,504996,095992,71701,002,06100
   > Total Current Assets 
175,686
175,686
471,983
0
486,342
499,603
926,293
920,136
816,573
756,169
677,854
582,291
527,513
500,079
499,625
512,822
487,738
547,314
547,314487,738512,822499,625500,079527,513582,291677,854756,169816,573920,136926,293499,603486,3420471,983175,686175,686
       Cash And Cash Equivalents 
0
0
112,704
0
90,659
70,572
506,940
469,550
387,275
304,323
266,762
160,368
155,106
136,968
150,238
153,226
120,043
147,659
147,659120,043153,226150,238136,968155,106160,368266,762304,323387,275469,550506,94070,57290,6590112,70400
       Short-term Investments 
0
0
0
0
35,000
25,000
0
0
0
0
0
0
0
0
0
20,020
20,016
40,025
40,02520,01620,02000000000025,00035,0000000
       Net Receivables 
74,294
74,294
236,253
0
184,662
294,618
299,384
301,284
259,916
299,570
247,206
241,571
241,091
220,410
194,503
174,404
172,798
191,869
191,869172,798174,404194,503220,410241,091241,571247,206299,570259,916301,284299,384294,618184,6620236,25374,29474,294
       Inventory 
52,318
52,318
92,482
0
116,276
107,045
114,052
142,585
160,820
143,739
137,306
136,857
129,197
136,541
146,165
155,945
166,147
162,089
162,089166,147155,945146,165136,541129,197136,857137,306143,739160,820142,585114,052107,045116,276092,48252,31852,318
       Other Current Assets 
13,486
13,486
30,544
0
3,197
2,368
5,917
6,718
8,562
8,538
26,580
43,496
2,119
6,160
8,720
9,227
5,954
5,671
5,6715,9549,2278,7206,1602,11943,49626,5808,5388,5626,7185,9172,3683,197030,54413,48613,486
   > Long-term Assets 
0
0
530,078
0
506,375
496,492
511,211
514,148
579,172
654,829
664,701
783,900
806,686
818,180
809,043
791,630
768,097
753,953
753,953768,097791,630809,043818,180806,686783,900664,701654,829579,172514,148511,211496,492506,3750530,07800
       Property Plant Equipment 
185,192
185,192
486,469
0
0
451,993
468,105
469,800
496,111
509,421
573,288
723,724
754,792
771,402
767,335
749,314
726,160
711,360
711,360726,160749,314767,335771,402754,792723,724573,288509,421496,111469,800468,105451,99300486,469185,192185,192
       Intangible Assets 
0
0
38,868
0
38,437
38,249
38,114
37,869
37,646
37,467
37,311
37,060
36,812
36,564
36,377
36,133
35,893
35,653
35,65335,89336,13336,37736,56436,81237,06037,31137,46737,64637,86938,11438,24938,437038,86800
       Long-term Assets Other 
0
0
426
0
320
452,948
139
1,675
40,430
102,955
49,572
18,480
10,412
5,070
644
1,582
1,328
2,744
2,7441,3281,5826445,07010,41218,48049,572102,95540,4301,675139452,948320042600
> Total Liabilities 
0
0
387,497
0
338,616
304,408
310,115
286,781
265,688
257,455
223,907
265,777
292,593
271,422
257,082
259,072
256,709
300,336
300,336256,709259,072257,082271,422292,593265,777223,907257,455265,688286,781310,115304,408338,6160387,49700
   > Total Current Liabilities 
91,799
91,799
301,222
0
257,811
222,632
238,840
215,889
204,160
195,992
173,213
215,922
247,180
226,536
223,724
226,242
239,037
281,339
281,339239,037226,242223,724226,536247,180215,922173,213195,992204,160215,889238,840222,632257,8110301,22291,79991,799
       Short Long Term Debt 
0
0
182,665
0
180,340
148,450
115,934
105,664
73,954
75,162
66,790
58,419
50,965
45,728
54,590
76,186
94,655
130,341
130,34194,65576,18654,59045,72850,96558,41966,79075,16273,954105,664115,934148,450180,3400182,66500
       Accounts payable 
36,523
36,523
94,928
0
54,848
48,408
58,180
52,488
58,591
49,910
50,278
94,780
128,482
104,760
96,984
106,254
86,017
86,389
86,38986,017106,25496,984104,760128,48294,78050,27849,91058,59152,48858,18048,40854,848094,92836,52336,523
       Other Current Liabilities 
8,815
8,815
4,877
0
9,525
10,962
38,131
37,766
42,976
44,254
24,429
23,612
19,882
29,262
20,737
16,877
22,562
30,430
30,43022,56216,87720,73729,26219,88223,61224,42944,25442,97637,76638,13110,9629,52504,8778,8158,815
   > Long-term Liabilities 
0
0
86,275
0
80,806
81,776
71,276
70,893
61,528
61,463
50,694
49,855
45,413
44,886
33,358
32,831
17,672
18,997
18,99717,67232,83133,35844,88645,41349,85550,69461,46361,52870,89371,27681,77680,806086,27500
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
1,193
917
626
315
0
0
0
0
0
2,057
2,057000003156269171,19300000000
       Deferred Long Term Liability 
4,232
4,232
92
0
0
23
0
0
0
0
0
0
0
58
201
183
0
255
25501832015800000002300924,2324,232
> Total Stockholder Equity
0
0
614,563
0
654,101
691,687
1,127,388
1,147,503
1,130,056
1,153,543
1,118,649
1,100,414
1,041,606
1,046,837
1,051,586
1,045,380
999,126
1,000,931
1,000,931999,1261,045,3801,051,5861,046,8371,041,6061,100,4141,118,6491,153,5431,130,0561,147,5031,127,388691,687654,1010614,56300
   Retained Earnings 
44,595
44,595
220,015
0
233,308
297,139
319,100
339,215
321,768
345,255
359,303
372,358
334,711
339,942
344,691
338,484
239,697
294,036
294,036239,697338,484344,691339,942334,711372,358359,303345,255321,768339,215319,100297,139233,3080220,01544,59544,595
   Accumulated Other Comprehensive Income 000000000000000000
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000



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 (+$)
totalRevenue463,397
Cost of Revenue-352,070
Gross Profit111,327111,327
 
Operating Income (+$)
Gross Profit111,327
Operating Expense-430,924
Operating Income32,472-319,597
 
Operating Expense (+$)
Research Development27,730
Selling General Administrative32,207
Selling And Marketing Expenses-
Operating Expense430,92459,937
 
Net Interest Income (+$)
Interest Income2,927
Interest Expense-4,228
Other Finance Cost-1,116
Net Interest Income-184
 
Pretax Income (+$)
Operating Income32,472
Net Interest Income-184
Other Non-Operating Income Expenses-
Income Before Tax (EBT)14,67732,472
EBIT - interestExpense = -4,228
8,388
12,616
Interest Expense4,228
Earnings Before Interest and Taxes (EBIT)-18,904
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax14,677
Tax Provision-6,288
Net Income From Continuing Ops8,3888,388
Net Income8,388
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-184
 

Technical Analysis of Jiangsu Rijiu Optoelectronics Joint
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 Jiangsu Rijiu Optoelectronics Joint. The general trend of Jiangsu Rijiu Optoelectronics Joint is BULLISH with 85.7% 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 Jiangsu Rijiu Optoelectronics Joint'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 (85.7%) Bearish trend (-85.7%)
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 Jiangsu Rijiu Optoelectronics Joint.

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: 17.10.

The bearish price targets are: 8.58 > 6.58.

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Jiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-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 lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher 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 higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Jiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint. The current macd is 0.53679625.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Jiangsu Rijiu Optoelectronics Joint price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Jiangsu Rijiu Optoelectronics Joint. 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 Jiangsu Rijiu Optoelectronics Joint 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
Jiangsu Rijiu Optoelectronics Joint Daily Moving Average Convergence/Divergence (MACD) ChartJiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint. The current adx is 26.48.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Jiangsu Rijiu Optoelectronics Joint shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Jiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint. The current sar is 11.25.

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
Jiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint. The current rsi is 65.09. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Jiangsu Rijiu Optoelectronics Joint Daily Relative Strength Index (RSI) ChartJiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-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 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 Jiangsu Rijiu Optoelectronics Joint price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Jiangsu Rijiu Optoelectronics Joint Daily Stochastic Oscillator ChartJiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint. The current cci is 192.91.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Jiangsu Rijiu Optoelectronics Joint Daily Commodity Channel Index (CCI) ChartJiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint. The current cmo is 42.32.

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
Jiangsu Rijiu Optoelectronics Joint Daily Chande Momentum Oscillator (CMO) ChartJiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint. The current willr is -23.90438247.

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 Jiangsu Rijiu Optoelectronics Joint is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Jiangsu Rijiu Optoelectronics Joint Daily Williams %R ChartJiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint.

Jiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint. The current atr is 0.85687864.

Jiangsu Rijiu Optoelectronics Joint Daily Average True Range (ATR) ChartJiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint. The current obv is 624,408,857.

Jiangsu Rijiu Optoelectronics Joint Daily On-Balance Volume (OBV) ChartJiangsu Rijiu Optoelectronics Joint 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 Jiangsu Rijiu Optoelectronics Joint. The current mfi is 72.82.

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

  • MFI > 50: +1
Jiangsu Rijiu Optoelectronics Joint Daily Money Flow Index (MFI) ChartJiangsu Rijiu Optoelectronics Joint Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Jiangsu Rijiu Optoelectronics Joint.

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
2023-11-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-05CCI 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.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14WILLR SHORT ENTRY LONG CLOSE-80 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.
2023-12-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH 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
2023-12-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2023-12-28CCI 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.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22DMI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.

6.3. Candlestick Patterns

Jiangsu Rijiu Optoelectronics Joint Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Jiangsu Rijiu Optoelectronics Joint based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.086
Ma 20Greater thanMa 5011.720
Ma 50Greater thanMa 10010.828
Ma 100Greater thanMa 20011.181
OpenGreater thanClose11.750
Total3/5 (60.0%)
Penke

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