Inix Technologies Holdings Bhd
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Quick analysis of Inix Technologies Holdings Bhd (30 sec.)

1. Valuation of Inix Technologies Holdings Bhd (5 min.)

Live pricePrice per share (EOD)

RM0.02

Book Value per Share

RM0.02

2. Growth of Inix Technologies Holdings Bhd (5 min.)

Is Inix Technologies Holdings Bhd growing?

	Current year	Previous year	Grow	Grow %
How rich?	$10.1m	$8.3m	$224.3k	2.6%

How much money is Inix Technologies Holdings Bhd making?

	Current year	Previous year	Grow	Grow %
Making money	-$646.4k	-$358.5k	-$287.9k	?
Net Profit Margin	-34.3%	-26.7%	-	-

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

Quarterly Yearly

3. Financial Health of Inix Technologies Holdings Bhd (5 min.)

4. Comparing to competitors in the Information Technology Services industry (5 min.)

Industry Rankings (Information Technology Services)

Fundamentals of Inix Technologies Holdings Bhd

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is inefficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is unable 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 year	Compared 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.

1.1. Profitability of Inix Technologies Holdings Bhd.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Inix Technologies Holdings Bhd earns for each RM1 of revenue.

Above 10% is considered healthy but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
A Net Profit Margin of -19.7% means that RM-0.20 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Inix Technologies Holdings Bhd:

The MRQ is -19.7%. The company is making a huge loss. -2
The TTM is -34.3%. The company is making a huge loss. -2

Trends

Current period		Compared to		+/-
MRQ	-19.7%	TTM	-34.3%	+14.6%
TTM	-34.3%	YOY	-26.7%	-7.6%
TTM	-34.3%	5Y	-4.5%	-29.8%
5Y	-4.5%	10Y	-4.5%	0.0%

Compared to industry (Information Technology Services)

Period	Company	Industry (mean)	+/-
MRQ	-19.7%	4.1%	-23.8%
TTM	-34.3%	3.4%	-37.7%
YOY	-26.7%	3.6%	-30.3%
5Y	-4.5%	2.9%	-7.4%
10Y	-4.5%	2.9%	-7.4%

Measures how much net profit Inix Technologies Holdings Bhd earns for each RM1 of revenue.

Revenue is the amount of profit Inix Technologies Holdings Bhd generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you RM3. The company does not earn RM3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is RM1.5.

The RM3 you pay for a cup of coffee is called revenue.
The RM1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Inix Technologies Holdings Bhd earns for each RM1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
Can be used to compare companies within the Information Technology Services industry.

You typically want a high profit margin. This means that for each RM1 in sales, Inix Technologies Holdings Bhd makes more profit. This shows the investor how efficiently Inix Technologies Holdings Bhd is operating in general and compared to other companies in the same industry. Inix Technologies Holdings Bhd operates in the Information Technology Services industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Inix Technologies Holdings Bhd. If profit margins remain low (compared to the Information Technology Services industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Inix Technologies Holdings Bhd is -0.20. This means that Inix Technologies Holdings Bhd earned RM-0.20 for each RM1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Information Technology Services industry is 4.1%.
What is the trend?
The trend is important because it shows you how Inix Technologies Holdings Bhd is performing over time. The most recent quarter might be important if Inix Technologies Holdings Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Inix Technologies Holdings Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Inix Technologies Holdings Bhd with other companies in the same industry (Information Technology Services).
Net profit margin should rise over the years.
Can be influenced when Inix Technologies Holdings Bhd sells assets (profit will increase while costs remain the same).
It won’t show what part of Inix Technologies Holdings Bhd is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Inix Technologies Holdings Bhd

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Inix Technologies Holdings Bhd = -1,766
Total revenue MRQ Inix Technologies Holdings Bhd = 8,959
RM-1,766 / RM8,959 = -0.20 or -19.7%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Inix Technologies Holdings Bhd is using its assets to generate profit.

Above 5% is considered healthy but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
-2.8% Return on Assets means that Inix Technologies Holdings Bhd generated RM-0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Inix Technologies Holdings Bhd:

The MRQ is -2.8%. Using its assets, the company is very inefficient in making profit. -2
The TTM is -4.9%. Using its assets, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-2.8%	TTM	-4.9%	+2.1%
TTM	-4.9%	YOY	-3.9%	-1.0%
TTM	-4.9%	5Y	-1.1%	-3.9%
5Y	-1.1%	10Y	-1.1%	0.0%

Compared to industry (Information Technology Services)

Period	Company	Industry (mean)	+/-
MRQ	-2.8%	1.4%	-4.2%
TTM	-4.9%	1.2%	-6.1%
YOY	-3.9%	1.3%	-5.2%
5Y	-1.1%	1.3%	-2.4%
10Y	-1.1%	1.3%	-2.4%

Shows how efficient Inix Technologies Holdings Bhd is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Inix Technologies Holdings Bhd is using its resources to generate profit. If the return on assets (-2.8%) from Inix Technologies Holdings Bhd are higher than the Information Technology Services mean (1.4%) that means Inix Technologies Holdings Bhd is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Inix Technologies Holdings Bhd is -2.8%. This means the company generated RM-0.03 for each RM1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Information Technology Services industry is 1.4%.
What is the trend?
The trend is important because it shows you how Inix Technologies Holdings Bhd is performing over time. The most recent quarter might be important if Inix Technologies Holdings Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Inix Technologies Holdings Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Inix Technologies Holdings Bhd

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Inix Technologies Holdings Bhd = -1,766
Total assets MRQ (balance sheet) from Inix Technologies Holdings Bhd = 63,094
-1,766 / 63,094 = -0.03 or -2.8%

ROA is an important ratio as it will tell you how effectively Inix Technologies Holdings Bhd is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Inix Technologies Holdings Bhd is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
-3.3% Return on Equity means Inix Technologies Holdings Bhd generated RM-0.03 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Inix Technologies Holdings Bhd:

The MRQ is -3.3%. Using its investors money, the company is very inefficient in making profit. -2
The TTM is -6.9%. Using its investors money, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-3.3%	TTM	-6.9%	+3.6%
TTM	-6.9%	YOY	-4.7%	-2.2%
TTM	-6.9%	5Y	-2.1%	-4.8%
5Y	-2.1%	10Y	-2.1%	0.0%

Compared to industry (Information Technology Services)

Period	Company	Industry (mean)	+/-
MRQ	-3.3%	3.7%	-7.0%
TTM	-6.9%	3.0%	-9.9%
YOY	-4.7%	3.3%	-8.0%
5Y	-2.1%	3.1%	-5.2%
10Y	-2.1%	2.8%	-4.9%

Shows how efficient Inix Technologies Holdings Bhd is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Information Technology Services industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Inix Technologies Holdings Bhd is -3.3%. This means Inix Technologies Holdings Bhd generated RM-0.03 for each RM1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Information Technology Services industry is 3.7%.
What is the trend?
The trend is important because it shows you how Inix Technologies Holdings Bhd is performing over time. The most recent quarter might be important if Inix Technologies Holdings Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Inix Technologies Holdings Bhd up to 10 years back (depending if Inix Technologies Holdings Bhd existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Inix Technologies Holdings Bhd

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Inix Technologies Holdings Bhd = -1,766
Shareholders equity (balance sheet) MRQ Inix Technologies Holdings Bhd = 53,843
-1,766 / 53,843 = -0.03 or -3.3%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Inix Technologies Holdings Bhd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Inix Technologies Holdings Bhd is operating .

Measures how much profit Inix Technologies Holdings Bhd makes for each RM1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
An Operating Margin of 0.0% means the company generated RM0.00 for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Inix Technologies Holdings Bhd:

The MRQ is 0.0%. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	-	0.0%
TTM	-	YOY	-	0.0%
TTM	-	5Y	-20.4%	+20.4%
5Y	-20.4%	10Y	-20.4%	0.0%

Compared to industry (Information Technology Services)

Period	Company	Industry (mean)	+/-
MRQ	-	6.1%	-6.1%
TTM	-	4.2%	-4.2%
YOY	-	5.0%	-5.0%
5Y	-20.4%	4.6%	-25.0%
10Y	-20.4%	3.7%	-24.1%

Measures how efficient Inix Technologies Holdings Bhd is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Inix Technologies Holdings Bhd is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Inix Technologies Holdings Bhd is 0.0%. This means that Inix Technologies Holdings Bhd earned RM0.00 for each RM1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Information Technology Services industry is 6.1%.
What is the trend?
The trend is important because it shows you how Inix Technologies Holdings Bhd is performing over time. The most recent quarter might be important if Inix Technologies Holdings Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Inix Technologies Holdings Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Inix Technologies Holdings Bhd

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Inix Technologies Holdings Bhd = -1,703
Total revenue MRQ Inix Technologies Holdings Bhd = 8,959
RM-1,703 / RM8,959 = 0.00 or 0.0%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Inix Technologies Holdings Bhd is keeping operating costs low.

Below 1 is considered healthy (always compare to Information Technology Services industry mean).
An Operation Ratio of 2.06 means that the operating costs are RM2.06 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of Inix Technologies Holdings Bhd:

The MRQ is 2.056. The company is inefficient in keeping operating costs low. -1
The TTM is 2.074. The company is inefficient in keeping operating costs low. -1

Trends

Current period		Compared to		+/-
MRQ	2.056	TTM	2.074	-0.017
TTM	2.074	YOY	1.379	+0.695
TTM	2.074	5Y	1.867	+0.207
5Y	1.867	10Y	1.867	0.000

Compared to industry (Information Technology Services)

Period	Company	Industry (mean)	+/-
MRQ	2.056	1.320	+0.736
TTM	2.074	1.303	+0.771
YOY	1.379	1.218	+0.161
5Y	1.867	1.206	+0.661
10Y	1.867	1.128	+0.739

Measures how efficient Inix Technologies Holdings Bhd is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Inix Technologies Holdings Bhd is 205.6%. This means that Inix Technologies Holdings Bhd earned RM2.06 for each RM1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Information Technology Services industry is 1.32.
What is the trend?
The trend is important because it shows you how Inix Technologies Holdings Bhd is performing over time. The most recent quarter might be important if Inix Technologies Holdings Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Inix Technologies Holdings Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Inix Technologies Holdings Bhd

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(7,762 +10,662) \ 8,959 = 2.06

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Inix Technologies Holdings Bhd.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Inix Technologies Holdings Bhd is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Information Technology Services industry mean).
A Current Ratio of 0.66 means the company has RM0.66 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of Inix Technologies Holdings Bhd:

The MRQ is 0.661. The company is unable to pay all its short-term debts. -2
The TTM is 0.612. The company is unable to pay all its short-term debts. -2

Trends

Current period		Compared to		+/-
MRQ	0.661	TTM	0.612	+0.049
TTM	0.612	YOY	1.458	-0.846
TTM	0.612	5Y	1.497	-0.885
5Y	1.497	10Y	1.497	0.000

Compared to industry (Information Technology Services)

Period	Company	Industry (mean)	+/-
MRQ	0.661	1.498	-0.837
TTM	0.612	1.515	-0.903
YOY	1.458	1.607	-0.149
5Y	1.497	1.607	-0.110
10Y	1.497	1.519	-0.022

Measures if Inix Technologies Holdings Bhd is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Information Technology Services industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Inix Technologies Holdings Bhd if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Inix Technologies Holdings Bhd is 0.66. This means Inix Technologies Holdings Bhd has RM0.66 in assets for each RM1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Information Technology Services industry is 1.50.
What is the trend?
The trend is important because it shows you how Inix Technologies Holdings Bhd is performing over time. The most recent quarter might be important if Inix Technologies Holdings Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Inix Technologies Holdings Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Inix Technologies Holdings Bhd

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
8,144 \ 12,319) = 0.66

The current ratio measures if Inix Technologies Holdings Bhd is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Inix Technologies Holdings Bhd is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Inix Technologies Holdings Bhd does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Inix Technologies Holdings Bhd is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Inix Technologies Holdings Bhd is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
A Quick Ratio of 0.09 means the company can pay off RM0.09 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Inix Technologies Holdings Bhd:

The MRQ is 0.088. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.065. The company is just not able to pay all its short-term debts with the most liquid assets. -1

Trends

Current period		Compared to		+/-
MRQ	0.088	TTM	0.065	+0.023
TTM	0.065	YOY	0.626	-0.561
TTM	0.065	5Y	0.668	-0.603
5Y	0.668	10Y	0.668	0.000

Compared to industry (Information Technology Services)

Period	Company	Industry (mean)	+/-
MRQ	0.088	0.959	-0.871
TTM	0.065	0.998	-0.933
YOY	0.626	1.188	-0.562
5Y	0.668	1.167	-0.499
10Y	0.668	1.132	-0.464

Measures if Inix Technologies Holdings Bhd is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Inix Technologies Holdings Bhd can pay off its short term debts. This shows if Inix Technologies Holdings Bhd can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Inix Technologies Holdings Bhd is 0.09. This means that Inix Technologies Holdings Bhd can pay off RM0.09 for each RM1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Information Technology Services industry is 0.96.
What is the trend?
The trend is important because it shows you how Inix Technologies Holdings Bhd is performing over time. The most recent quarter might be important if Inix Technologies Holdings Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Inix Technologies Holdings Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Inix Technologies Holdings Bhd

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Inix Technologies Holdings Bhd: ( + 534 +550) / 12,319 = 0.09

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Inix Technologies Holdings Bhd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Inix Technologies Holdings Bhd assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Inix Technologies Holdings Bhd to Information Technology Services industry mean.
A Debt to Asset Ratio of 0.26 means that Inix Technologies Holdings Bhd assets are financed with 26.1% credit (debt) and the remaining percentage (100% - 26.1%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Inix Technologies Holdings Bhd:

The MRQ is 0.261. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.368. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.261	TTM	0.368	-0.108
TTM	0.368	YOY	0.218	+0.151
TTM	0.368	5Y	0.072	+0.296
5Y	0.072	10Y	0.072	0.000

Compared to industry (Information Technology Services)

Period	Company	Industry (mean)	+/-
MRQ	0.261	0.509	-0.248
TTM	0.368	0.512	-0.144
YOY	0.218	0.509	-0.291
5Y	0.072	0.519	-0.447
10Y	0.072	0.512	-0.440

Measures how much % of Inix Technologies Holdings Bhd assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Inix Technologies Holdings Bhd than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Inix Technologies Holdings Bhd to Information Technology Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Inix Technologies Holdings Bhd is 0.26. This means means that Inix Technologies Holdings Bhd is financed with 26.1% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Information Technology Services industry is 149.8%.
What is the trend?
The trend is important because it shows you how Inix Technologies Holdings Bhd is performing over time. The most recent quarter might be important if Inix Technologies Holdings Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Inix Technologies Holdings Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Inix Technologies Holdings Bhd has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Inix Technologies Holdings Bhd

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
16,445 \ 63,094 = 26.1% or 0.26.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Inix Technologies Holdings Bhd is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
A Debt to Equity ratio of 30.5% means that company has RM0.31 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Inix Technologies Holdings Bhd:

The MRQ is 0.305. The company is very able to pay all its debts with equity. +2
The TTM is 0.511. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.305	TTM	0.511	-0.206
TTM	0.511	YOY	0.295	+0.216
TTM	0.511	5Y	0.153	+0.358
5Y	0.153	10Y	0.153	0.000

Compared to industry (Information Technology Services)

Period	Company	Industry (mean)	+/-
MRQ	0.305	0.982	-0.677
TTM	0.511	1.001	-0.490
YOY	0.295	1.027	-0.732
5Y	0.153	1.034	-0.881
10Y	0.153	1.067	-0.914

Measures if Inix Technologies Holdings Bhd is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Inix Technologies Holdings Bhd is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Inix Technologies Holdings Bhd is 0.31. This means that Inix Technologies Holdings Bhd can pay off RM0.31 for each RM1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Information Technology Services industry is 0.98.
What is the trend?
The trend is important because it shows you how Inix Technologies Holdings Bhd is performing over time. The most recent quarter might be important if Inix Technologies Holdings Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Inix Technologies Holdings Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Inix Technologies Holdings Bhd

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
16,445 \ 53,843 = 0.31 or 30.5%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Inix Technologies Holdings Bhd

2. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every RM1 in earnings Inix Technologies Holdings Bhd generates.

Above 15 is considered overpriced but always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
A PE ratio of -36.65 means the investor is paying RM-36.65 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Inix Technologies Holdings Bhd:

The EOD is -29.323. Company is losing money. -2
The MRQ is -36.653. Company is losing money. -2
The TTM is -17.537. Company is losing money. -2

Trends

Current period		Compared to		+/-
EOD	-29.323	MRQ	-36.653	+7.331
MRQ	-36.653	TTM	-17.537	-19.117
TTM	-17.537	YOY	-448.663	+431.126
TTM	-17.537	5Y	3,968.556	-3,986.092
5Y	3,968.556	10Y	3,968.556	0.000

Compared to industry (Information Technology Services)

Period	Company	Industry (mean)	+/-
EOD	-29.323	18.502	-47.825
MRQ	-36.653	19.198	-55.851
TTM	-17.537	19.256	-36.793
YOY	-448.663	27.044	-475.707
5Y	3,968.556	24.468	+3,944.088
10Y	3,968.556	27.571	+3,940.985

Measures how much money you pay for each share for every RM1 in earnings Inix Technologies Holdings Bhd generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Inix Technologies Holdings Bhd to the Information Technology Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Inix Technologies Holdings Bhd is -36.65. This means the investor is paying RM-36.65 for every RM1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Information Technology Services industry is 19.20.
What is the trend?
The trend is important because it shows you how Inix Technologies Holdings Bhd is performing over time. The most recent quarter might be important if Inix Technologies Holdings Bhd released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Inix Technologies Holdings Bhd up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Inix Technologies Holdings Bhd

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
\ 1,616,865 = EPS
PE ratio MRQ = -36.65

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Inix Technologies Holdings Bhd.

Lower is better.
A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of Inix Technologies Holdings Bhd:

The MRQ is -40.136. Very Bad. -2
The TTM is -16.741. Very Bad. -2

Trends

Current period		Compared to		+/-
MRQ	-40.136	TTM	-16.741	-23.395
TTM	-16.741	YOY	627.958	-644.699
TTM	-16.741	5Y	107.950	-124.690
5Y	107.950	10Y	107.950	0.000

Compared to industry (Information Technology Services)

Period	Company	Industry (mean)	+/-
MRQ	-40.136	16.935	-57.071
TTM	-16.741	21.063	-37.804
YOY	627.958	35.910	+592.048
5Y	107.950	74.792	+33.158
10Y	107.950	89.360	+18.590

PEG Ratio	Meaning
0.5	You can buy the stock cheap based on future growth
1	You pay a fair price based on future growth
2	The stock is overpriced based on future growth

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Inix Technologies Holdings Bhd is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Information Technology Services industry mean).
A PB ratio of 1.39 means the investor is paying RM1.39 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of Inix Technologies Holdings Bhd:

The EOD is 1.110. Good. +1
The MRQ is 1.388. Good. +1
The TTM is 4.129. Neutral. Compare to industry.

Trends

Current period		Compared to		+/-
EOD	1.110	MRQ	1.388	-0.278
MRQ	1.388	TTM	4.129	-2.741
TTM	4.129	YOY	11.589	-7.461
TTM	4.129	5Y	9.230	-5.102
5Y	9.230	10Y	9.230	0.000

Compared to industry (Information Technology Services)

Period	Company	Industry (mean)	+/-
EOD	1.110	2.307	-1.197
MRQ	1.388	2.393	-1.005
TTM	4.129	2.471	+1.658
YOY	11.589	2.878	+8.711
5Y	9.230	2.815	+6.415
10Y	9.230	3.217	+6.013

2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Inix Technologies Holdings Bhd compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-0.001	0.001	-182%	0.000	-430%	0.001	-154%	0.001	-154%
Book Value Growth	-	-	0.965	1.080	-11%	1.016	-5%	1.120	-14%	1.120	-14%
Book Value Per Share	-	-	0.018	0.015	+19%	0.015	+22%	0.012	+51%	0.012	+51%
Book Value Per Share Growth	-	-	0.965	1.080	-11%	1.016	-5%	1.120	-14%	1.120	-14%
Current Ratio	-	-	0.661	0.612	+8%	1.458	-55%	1.497	-56%	1.497	-56%
Debt To Asset Ratio	-	-	0.261	0.368	-29%	0.218	+20%	0.072	+260%	0.072	+260%
Debt To Equity Ratio	-	-	0.305	0.511	-40%	0.295	+4%	0.153	+99%	0.153	+99%
Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Eps	-	-	-0.001	-0.001	+67%	-0.001	-7%	0.000	-48%	0.000	-48%
Eps Growth	-	-	0.913	5.898	-85%	0.154	+494%	-7.942	+970%	-7.942	+970%
Free Cash Flow Per Share	-	-	-0.001	-0.001	+33%	-0.005	+526%	-0.002	+161%	-0.002	+161%
Free Cash Flow Per Share Growth	-	-	1.742	-0.196	+111%	0.527	+230%	-0.525	+130%	-0.525	+130%
Free Cash Flow To Equity Per Share	-	-	-0.001	-0.001	+33%	0.003	-125%	0.001	-186%	0.001	-186%
Free Cash Flow To Equity Per Share Growth	-	-	1.742	-0.918	+153%	0.869	+100%	-2.324	+233%	-2.324	+233%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	-0.068	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-0.239	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	-0.004	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-0.011	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	-0.015	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-0.045	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	-0.028	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-0.091	-	-	-	-	-	-	-	-
Net Profit Margin	-	-	-0.197	-0.343	+74%	-0.267	+35%	-0.045	-77%	-0.045	-77%
Operating Margin	-	-	-	-	0%	-	0%	-0.204	0%	-0.204	0%
Operating Ratio	-	-	2.056	2.074	-1%	1.379	+49%	1.867	+10%	1.867	+10%
Pb Ratio	1.110	-25%	1.388	4.129	-66%	11.589	-88%	9.230	-85%	9.230	-85%
Pe Ratio	-29.323	+20%	-36.653	-17.537	-52%	-448.663	+1124%	3968.556	-101%	3968.556	-101%
Peg Ratio	-	-	-40.136	-16.741	-58%	627.958	-106%	107.950	-137%	107.950	-137%
Price Per Share	0.020	-25%	0.025	0.055	-55%	0.168	-85%	0.100	-75%	0.100	-75%
Price To Total Gains Ratio	-31.045	+20%	-38.807	11.487	-438%	1500.113	-103%	388.040	-110%	388.040	-110%
Profit Growth	-	-	0.913	5.898	-85%	0.154	+494%	-7.942	+970%	-7.942	+970%
Quick Ratio	-	-	0.088	0.065	+35%	0.626	-86%	0.668	-87%	0.668	-87%
Return On Assets	-	-	-0.028	-0.049	+76%	-0.039	+39%	-0.011	-62%	-0.011	-62%
Return On Equity	-	-	-0.033	-0.069	+110%	-0.047	+42%	-0.021	-36%	-0.021	-36%
Revenue Growth	-	-	1.022	1.051	-3%	1.628	-37%	1.285	-20%	1.285	-20%
Total Gains Per Share	-	-	-0.001	0.001	-182%	0.000	-430%	0.001	-154%	0.001	-154%
Total Gains Per Share Growth	-	-	-0.102	-56.277	+55251%	2.059	-105%	-13.506	+13184%	-13.506	+13184%
Usd Book Value	-	-	10197471.400	8574607.844	+19%	8350301.400	+22%	6748377.691	+51%	6748377.691	+51%
Usd Book Value Change Per Share	-	-	0.000	0.000	-182%	0.000	-430%	0.000	-154%	0.000	-154%
Usd Book Value Per Share	-	-	0.004	0.003	+19%	0.003	+22%	0.003	+51%	0.003	+51%
Usd Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Usd Eps	-	-	0.000	0.000	+67%	0.000	-7%	0.000	-48%	0.000	-48%
Usd Free Cash Flow	-	-	-424739.800	-565342.719	+33%	-2658777.150	+526%	-1034200.229	+143%	-1034200.229	+143%
Usd Free Cash Flow Per Share	-	-	0.000	0.000	+33%	-0.001	+526%	0.000	+161%	0.000	+161%
Usd Free Cash Flow To Equity Per Share	-	-	0.000	0.000	+33%	0.001	-125%	0.000	-186%	0.000	-186%
Usd Price Per Share	0.004	-25%	0.005	0.012	-55%	0.037	-85%	0.022	-75%	0.022	-75%
Usd Profit	-	-	-386047.600	-646497.040	+67%	-358558.650	-7%	-199692.732	-48%	-199692.732	-48%
Usd Revenue	-	-	1958437.400	1645070.147	+19%	1441830.950	+36%	956462.935	+105%	956462.935	+105%
Usd Total Gains Per Share	-	-	0.000	0.000	-182%	0.000	-430%	0.000	-154%	0.000	-154%
	EOD	+3 -2	MRQ	TTM	+27 -11	YOY	+17 -21	5Y	+16 -22	10Y	+16 -22

3.2. Fundamental Score

Let's check the fundamental score of Inix Technologies Holdings Bhd based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	-29.323
Price to Book Ratio (EOD)	Between	0-1	1.110
Net Profit Margin (MRQ)	Greater than	0	-0.197
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	0.088
Current Ratio (MRQ)	Greater than	1	0.661
Debt to Asset Ratio (MRQ)	Less than	1	0.261
Debt to Equity Ratio (MRQ)	Less than	1	0.305
Return on Equity (MRQ)	Greater than	0.15	-0.033
Return on Assets (MRQ)	Greater than	0.05	-0.028
Total			2/10 (20.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
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3.3. Technical Score

Let's check the technical score of Inix Technologies Holdings Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	48.223
Ma 20	Greater than	Ma 50	0.021
Ma 50	Greater than	Ma 100	0.022
Ma 100	Greater than	Ma 200	0.028
Open	Greater than	Close	0.020
Total			1/5 (20.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
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Latest Balance Sheet

Balance Sheet of 2022-10-31. Currency in MYR. All numbers in thousands.

Summary

Total Assets	63,094
Total Liabilities	16,445
Total Stockholder Equity	53,843

	As reported
Total Liabilities	16,445
Total Stockholder Equity	+ 53,843
Total Assets	= 63,094

Assets

Total Assets	63,094
Total Current Assets	8,144
Long-term Assets	8,144

Total Current Assets

Total Current Assets (as reported)	8,144
Cash And Cash Equivalents	910
Short-term Investments	534
Net Receivables	550
Inventory	1,892
Total Current Assets (calculated)	3,886
+/-	4,258

Long-term Assets

Long-term Assets (as reported)	54,950
Goodwill	6,319
Long-term Assets (calculated)	6,319
+/-	48,631

Liabilities & Shareholders' Equity

Total Current Liabilities	12,319
Long-term Liabilities	4,126
Total Stockholder Equity	53,843

Total Current Liabilities

Total Current Liabilities (as reported)	12,319
Accounts payable	7,973
Total Current Liabilities (calculated)	7,973
+/-	4,346

Long-term Liabilities

Long-term Liabilities (as reported)	4,126
Capital Lease Obligations Min Short Term Debt	3,280
Long-term Liabilities (calculated)	3,280
+/-	846

Total Stockholder Equity

Total Stockholder Equity (as reported)	53,843
Total Stockholder Equity (calculated)	0
+/-	53,843

Other

Capital Stock	86,993
Common Stock Shares Outstanding	1,616,865
Net Invested Capital	53,843
Net Working Capital	-4,175

Balance Sheet

Currency in MYR. All numbers in thousands.

Trend

2022-10-31

2022-07-31

2022-04-30

2022-01-31

2021-10-31

2021-07-31

2021-04-30

2021-01-31

2020-10-31

2020-07-31

2020-04-30

2020-01-31

2019-10-31

2019-04-30

2019-01-31

> Total Assets

14,738
13,850
12,505
16,069
20,326
21,452
31,725
41,922
46,172
50,916
58,878
58,957
58,658
65,759
63,094

63,094

65,759

58,658

58,957

58,878

50,916

46,172

41,922

31,725

21,452

20,326

16,069

12,505

13,850

14,738

> Total Current Assets

2,124
1,463
3,344
6,953
11,254
12,380
22,525
31,428
18,924
23,492
18,894
13,415
10,244
10,738
8,144

8,144

10,738

10,244

13,415

18,894

23,492

18,924

31,428

22,525

12,380

11,254

6,953

3,344

1,463

2,124

Cash And Cash Equivalents

254
296
0
0
5,340
4,498
14,705
0
3,210
3,499
2,594
1,035
1,093
3,083
910

910

3,083

1,093

1,035

2,594

3,499

3,210

14,705

4,498

5,340

296

254

Short-term Investments

0
0
0
0
0
0
0
0
500
500
500
520
0
529
534

534

529

520

500

Net Receivables

1,071
313
1,211
600
756
482
453
1,403
2,074
3,620
2,269
2,501
302
0
550

550

302

2,501

2,269

3,620

2,074

1,403

453

482

756

600

1,211

313

1,071

> Long-term Assets

0
12,387
0
0
9,072
9,072
9,200
0
27,248
27,424
39,984
45,542
48,414
55,021
54,950

54,950

55,021

48,414

45,542

39,984

27,424

27,248

9,200

9,072

12,387

Property Plant Equipment

0
0
1,461
1,416
1,372
1,372
1,500
6,644
13,880
17,255
29,815
0
0
0
0

29,815

17,255

13,880

6,644

1,500

1,372

1,416

1,461

Goodwill

0
0
0
0
0
0
0
0
5,668
6,319
6,319
6,319
6,319
6,319
6,319

6,319

5,668

> Total Liabilities

2,045
1,835
-7,192
-7,399
-2,810
-4,409
-4,772
6,466
5,828
12,436
20,362
28,934
26,746
17,442
16,445

16,445

17,442

26,746

28,934

20,362

12,436

5,828

6,466

-4,772

-4,409

-2,810

-7,399

-7,192

1,835

2,045

> Total Current Liabilities

2,045
1,835
2,477
2,424
7,175
5,550
5,206
14,066
12,403
17,703
25,392
25,403
22,620
13,316
12,319

12,319

13,316

22,620

25,403

25,392

17,703

12,403

14,066

5,206

5,550

7,175

2,424

2,477

1,835

2,045

Short-term Debt

0
0
0
0
0
0
0
0
0
8,000
8,000
0
0
0
0

8,000

Short Long Term Debt

0
0
0
0
0
0
0
0
0
8,000
8,000
8,000
8,000
0
0

8,000

Accounts payable

25
25
0
0
25
25
24
0
1,933
3,204
11,342
10,570
3,024
3,090
7,973

7,973

3,090

3,024

10,570

11,342

3,204

1,933

> Long-term Liabilities

0
0
0
0
0
0
0
0
2,505
2,548
2,680
3,531
4,127
4,126
4,126

4,126

4,127

3,531

2,680

2,548

2,505

Long term Debt Total

0
0
0
0
0
0
0
2,505
2,505
2,103
2,235
0
0
0
0

2,235

2,103

2,505

> Total Stockholder Equity

21,992
21,640
19,697
23,468
23,136
25,861
36,497
35,456
40,344
38,480
38,516
38,908
39,289
55,511
53,843

53,843

55,511

39,289

38,908

38,516

38,480

40,344

35,456

36,497

25,861

23,136

23,468

19,697

21,640

21,992

Common Stock

0
0
41,556
42,274
42,274
44,971
56,114
64,536
64,536
68,700
69,147
0
0
0
0

69,147

68,700

64,536

56,114

44,971

42,274

41,556

Retained Earnings Total Equity

Accumulated Other Comprehensive Income

Capital Surplus

Treasury Stock

Other Stockholders Equity

Balance Sheet

Currency in MYR. All numbers in thousands.

	2022-07-31	2021-07-31	2020-07-31	2018-07-31	2017-07-31	2016-07-31	2015-07-31
Accounts Payable	3,024	-	-	25	25	25	-
Capital Lease Obligations	3,642	-	-	-	-	-	-
Capital Stock	69,147	-	-	38,961	-	-	-
Capital Surpluse	-	-	-	-	-	8,911	8,911
Cash	1,093	-	-	671	324	1,489	-
Cash And Short Term Investments	-	1,261	1,163	671	324	1,489	134
Common Stock	-	64,536	42,274	38,997	37,904	41,727	13,909
Common Stock Shares Outstanding	1,026,528	-	-	259,141	253,154	-	-
Good Will	6,319	6,319	-	-	-	-	-
Intangible Assets	-	-	-	2	276	995	1,741
Inventory	2,130	768	-	-	0	0	0
Long Term Debt Total	-	2,868	-	-	-	-	-
Net Debt	6,907	-	-	-	-	-	-
Net Invested Capital	47,289	-	-	22,929	37,624	-	-
Net Receivables	302	1,916	600	1,910	2,950	5,785	6,501
Net Working Capital	-12,376	-	-	169	4,084	-	-
Non Current Assets Total	48,414	-	-	12,707	24,336	16,604	-
Non Current Liabilities Total	4,127	-	-	0	0	0	-
Non Currrent Assets Other	-	-	-	12,707	24,336	16,604	-
Property Plant Equipment	-	16,568	1,416	1,538	5,996	60	59
Retained Earnings	-29,858	-29,700	-18,806	-16,068	-279	-20,114	-15,153
Short Long Term Debt	8,000	-	-	-	-	-	-
Short Long Term Debt Total	-	2,868	-	-	-	-	-
Short Term Investments	-	500	-	-	-	-	-
Total Assets	58,658	38,491	16,069	15,868	29,990	31,956	10,080
Total Current Assets	10,244	11,753	6,953	3,161	5,653	15,352	8,279
Total Current Liabilities	22,620	9,167	2,424	2,991	1,570	1,432	2,410
Total Liab	26,746	3,654	-7,399	-7,062	-7,635	1,432	2,413
Total Stockholder Equity	39,289	34,837	23,468	22,929	37,624	30,524	7,667

	2022-10-31	2022-07-31	2022-04-30	2022-01-31	2021-10-31	2021-07-31	2021-04-30	2021-01-31	2020-10-31	2020-07-31	2020-04-30	2020-01-31	2019-10-31	2019-04-30	2019-01-31
Accounts Payable	7,973	3,090	3,024	10,570	11,342	3,204	1,933	-	24	25	25	-	-	25	25
Capital Lease Obligations	3,280	3,460	3,642	3,808	3,038	3,192	2,871	-	-	-	-	-	-	-	-
Capital Stock	86,993	86,993	69,147	69,147	69,147	68,700	64,536	-	-	-	-	-	-	-	-
Cash	910	3,083	1,093	1,035	2,594	3,499	3,210	-	14,705	4,498	5,340	-	-	296	254
Cash And Short Term Investments	-	-	-	-	3,094	3,999	3,210	17,548	14,705	7,195	5,340	1,163	519	-	-
Common Stock	-	-	-	-	69,147	68,700	64,536	64,536	56,114	44,971	42,274	42,274	41,556	-	-
Common Stock Shares Outstanding	1,616,865	1,616,865	1,026,528	1,026,528	530,000	513,264	466,604	273,469	406,282	325,225	325,225	301,486	297,500	259,310	-
Good Will	6,319	6,319	6,319	6,319	6,319	6,319	5,668	-	-	-	-	-	-	-	-
Inventory	1,892	2,000	2,130	4,020	2,200	1,165	1,350	-	-	-	-	-	-	-	-
Long Term Debt Total	-	-	-	-	2,235	2,103	2,505	2,505	-	-	-	-	-	-	-
Net Debt	-	-	6,907	6,965	5,406	4,501	-	-	-	-	-	-	-	-	-
Net Invested Capital	53,843	55,511	47,289	46,908	46,516	46,480	40,344	-	36,497	23,164	23,136	-	-	-	-
Net Receivables	550	0	302	2,501	2,269	3,620	2,074	1,403	453	482	756	600	1,211	313	1,071
Net Working Capital	-4,175	-2,578	-12,376	-11,988	-6,498	5,789	6,521	-	17,319	4,133	4,079	-	-	-	-
Non Current Assets Total	54,950	55,021	48,414	45,542	39,984	27,424	27,248	-	9,200	9,072	9,072	-	-	12,387	-
Non Current Liabilities Total	4,126	4,126	4,127	3,531	2,680	2,548	2,505	-	0	0	0	-	-	0	0
Non Currrent Assets Other	-	-	-	-	-	-	-	-	-	-	-	-	-	12,387	12,614
Property Plant Equipment	-	-	-	-	29,815	17,255	13,880	6,644	1,500	1,372	1,372	1,416	1,461	-	-
Retained Earnings	-33,150	-31,482	-29,858	-30,239	-30,631	-30,220	-24,192	-29,080	-19,617	-19,110	-19,138	-18,806	-21,859	-17,757	-17,005
Short Long Term Debt	0	0	8,000	8,000	8,000	8,000	-	-	-	-	-	-	-	-	-
Short Long Term Debt Total	-	-	-	-	-	2,103	2,505	2,505	-	-	-	-	-	-	-
Short Term Debt	-	-	-	-	8,000	8,000	-	-	-	-	-	-	-	-	-
Short Term Investments	534	529	-	520	500	500	500	-	-	-	-	-	-	-	-
Total Assets	63,094	65,759	58,658	58,957	58,878	50,916	46,172	41,922	31,725	21,452	20,326	16,069	12,505	13,850	14,738
Total Current Assets	8,144	10,738	10,244	13,415	18,894	23,492	18,924	31,428	22,525	12,380	11,254	6,953	3,344	1,463	2,124
Total Current Liabilities	12,319	13,316	22,620	25,403	25,392	17,703	12,403	14,066	5,206	5,550	7,175	2,424	2,477	1,835	2,045
Total Liab	16,445	17,442	26,746	28,934	20,362	12,436	5,828	6,466	-4,772	-4,409	-2,810	-7,399	-7,192	1,835	2,045
Total Stockholder Equity	53,843	55,511	39,289	38,908	38,516	38,480	40,344	35,456	36,497	25,861	23,136	23,468	19,697	21,640	21,992

Cash Flow

Currency in MYR. All numbers in thousands.

	2022-07-31	2021-07-31	2020-07-31	2018-07-31	2017-07-31	2016-07-31	2015-07-31
Begin Period Cash Flow	1,260	-	671	324	1,489	-	-
Capital Expenditures	18,530	13,096	157	857	6,272	13	5
Change In Cash	361	98	491	347	-1,165	1,366	-538
Change In Working Capital	5,176	912	-3,967	-135	6,302	-7,820	-1,305
Change To Inventory	-1,361	-	-	0	0	0	-
Depreciation	1,489	882	262	365	326	12	12
End Period Cash Flow	1,622	1,260	-	671	324	1,489	-
Free Cash Flow	-11,437	-	-	-951	-3,372	-	-
Investments	-18,330	-	-	-157	-8,566	-14,913	-
Issuance Of Capital Stock	4,610	-	-	-	-	-	-
Net Income	-6,375	-9,511	-3,360	-16,177	-10,692	-4,957	-45
Other Cashflows From Financing Activities	-	-16	-	-	-	11	-
Other Cashflows From Investing Activities	-	-6,428	4,941	700	-2,295	-14,900	-
Other Non Cash Items	329	-	-	-1	-63	-	-
Sale Purchase Of Stock	-	22,262	3,278	599	4,452	27,818	-
Total Cash From Financing Activities	-	21,932	3,278	599	4,452	27,829	-
Total Cash From Operating Activities	7,093	-2,310	-7,571	-95	2,950	-11,551	-533
Total Cashflows From Investing Activities	-	-19,524	4,784	-157	-8,566	-14,913	-5

	2022-10-31	2022-07-31	2022-04-30	2022-01-31	2021-10-31	2021-07-31	2021-04-30	2021-01-31	2020-10-31	2020-07-31	2020-04-30	2020-01-31	2019-10-31	2019-07-31	2019-04-30	2019-01-31
Begin Period Cash Flow	3,612	1,622	1,555	3,094	-	-	-	14,705	4,498	5,340	1,163	-	-	-	-	-
Capital Expenditures	2,356	6,758	0	4,723	14,082	5,228	12,672	5,228	84	0	0	157	172	0	32	114
Change In Cash	-2,168	1,990	66	-1,539	1,834	7,913	2,047	15,222	13,542	6,032	4,177	491	-152	-	42	-16
Change In Working Capital	551	-569	-643	3,668	2,066	-10,490	-4,207	3,064	707	3,784	4,626	-3,967	-847	-	-	-
Change To Inventory	-	-	1,891	-1,820	-	-	-	-	0	-	-	-	-	-	0	0
Depreciation	482	428	1,047	-211	653	294	643	305	44	44	44	262	239	-	49	47
End Period Cash Flow	1,444	3,612	1,622	1,555	3,094	-	-	-	14,705	4,498	5,340	1,163	-	-	-	-
Free Cash Flow	-1,943	-7,519	1,091	-1,974	-	-	-	-	-3,633	-842	4,177	-	-	-	-	-
Investments	-2,356	-6,758	143	-4,391	-	-	-	-	-84	-	-	-	-	-	-32	-374
Issuance Of Capital Stock	-	-	-1	0	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-1,766	-1,625	-13,027	4,588	686	992	-5,171	-10,273	-965	-493	-493	-3,360	-6,260	-3,986	-752	4
Other Cashflows From Financing Activities	-	-	-	-	-38	228	-16	-	-	-	-	-	-	-	-	-
Other Cashflows From Investing Activities	-	-	-	-	-	61	-3,629	61	-	-	-	4,941	-260	-	-	-
Other Non Cash Items	32	25	196	10	-	-	-	-	-	-	-	-	-	-	-	-
Sale Purchase Of Stock	-	-	-	-	4,611	22,262	22,262	22,262	13,840	2,697	-	3,278	3,694	-	-	-
Total Cash From Financing Activities	-	-	-	-	12,388	22,262	22,262	22,262	13,840	2,697	-	3,278	3,694	-	-	-
Total Cash From Operating Activities	413	-761	816	2,749	3,528	-9,182	-3,914	-1,873	-214	3,335	4,177	-7,571	-3,414	-	-326	-
Total Cashflows From Investing Activities	-	-	-	-	-14,082	-5,167	-16,301	-5,167	-84	-	-	4,784	-432	-	-	-

Income Statement

Currency in MYR. All numbers in thousands.

	2022-07-31	2021-07-31	2020-07-31	2018-07-31	2017-07-31	2016-07-31	2015-07-31
Cost Of Revenue	18,829	11,960	6,457	5,953	2,126	0	69
Ebit	-	-	-	-9,337	-9,949	-4,853	-
Ebitda	-1,893	-	-	-9,337	-9,949	-	-
Gross Profit	7,651	6,276	1,592	3,495	3,107	3,738	5,160
Income Before Tax	-3,723	-9,511	-3,360	-16,177	-10,692	-4,957	-45
Interest Expense	341	0	0	0	0	0	0
Interest Income	-	40	-	6,897	904	649	-
Minority Interest	-1,449	-	-	848	-	-	-
Net Income	-6,375	-10,893	-2,739	-15,330	-8,562	-4,961	-48
Net Income Applicable To Common Shares	-	-10,893	-2,739	-15,330	-8,562	-4,961	-48
Net Income From Continuing Ops	-4,926	-	-	-16,142	-10,692	-4,961	-
Net Interest Income	-341	-	-	-	-	-	-
Operating Income	-3,382	-9,471	-3,360	-9,280	-9,788	-5,606	-45
Reconciled Depreciation	1,489	-	-	639	1,095	-	-
Research Development	-	-	-	251	901	1,539	-
Selling General Administrative	15,157	17,976	6,614	13,255	13,249	7,810	4,968
Tax Provision	1,203	642	-	1	0	4	3
Total Operating Expenses	29,862	-	-	19,423	16,277	9,349	-
Total Revenue	26,480	18,235	8,049	9,448	5,233	3,738	5,230

	2022-10-31	2022-07-31	2022-04-30	2022-01-31	2021-10-31	2021-07-31	2021-04-30	2021-01-31	2020-10-31	2020-07-31	2020-04-30	2020-01-31	2019-10-31	2019-07-31	2019-04-30	2019-01-31
Cost Of Revenue	7,762	7,172	4,992	4,466	5,438	3,933	4,293	3,959	2,535	1,631	882	1,467	445	1,528	1,012	1,007
Ebit	-	-	-	-	-	-	-	-	-1,333	-262	-605	-	-210	-1,527	-815	-452
Ebitda	-1,162	-912	-9,262	4,720	1,090	1,032	367	-	-1,333	-262	-605	-	-	-	-	-
Gross Profit	1,197	1,593	757	867	3,235	1,496	1,870	2,159	-514	-372	-252	150	711	-137	149	295
Income Before Tax	-1,660	-1,365	-10,426	4,612	987	-192	361	-5,532	3,894	-164	-494	2,900	-74	-4,075	-1,077	-88
Interest Expense	16	25	117	108	103	13	6	-	-	-	-	-	-	-	-	-
Interest Income	-	-	-	-	103	13	6	11	-	-	-	3,467	-	-	-	-
Minority Interest	-31	-183	-1,507	58	-1,117	-1,012	424	-	155	161	-	-	-	-	-	-
Net Income	-1,766	-1,625	-13,027	4,588	-212	-219	570	-6,700	3,163	-163	-520	3,075	-119	-3,986	-752	4
Net Income Applicable To Common Shares	-	-	-	-	-212	-219	570	-6,700	3,163	-163	-520	3,075	-119	-	-	-
Net Income From Continuing Ops	-1,735	-1,442	-11,520	4,530	905	992	146	-	-966	55	-493	-	-74	-4,075	-1,077	-88
Net Interest Income	-16	-25	-117	-108	-103	-13	-6	-	-	-	-	-	-	-	-	-
Operating Income	-1,703	-1,340	-2,639	-2,830	1,090	-179	367	-5,521	3,894	-164	-494	-567	-74	-1,527	-864	-499
Reconciled Depreciation	482	428	1,047	-211	-	-	-	-	0	0	44	-	-	-	-	-
Research Development	-	-	-	0	0	0	-	-	0	0	0	-	0	0	0	0
Selling General Administrative	2,900	2,957	7,520	3,697	2,163	1,777	1,505	9,906	3,567	265	398	1,293	921	1,390	1,013	794
Tax Provision	75	77	1,094	82	82	27	215	-	1	-1	0	-	0	0	0	-
Total Operating Expenses	10,662	10,105	8,388	8,163	7,601	5,448	5,798	-	2,095	891	1,279	-	1,366	2,918	2,025	794
Total Revenue	8,959	8,765	7,045	5,333	8,673	5,429	6,163	6,118	2,021	1,259	630	1,617	1,156	1,391	1,161	1,302

Latest Income Statement (annual, 2022-07-31)

Gross Profit (+$)
totalRevenue	26,480
Cost of Revenue	-18,829
Gross Profit	7,651	7,651

Operating Income (+$)
Gross Profit	7,651
Operating Expense	-29,862
Operating Income	-3,382	-22,211

Operating Expense (+$)
Research Development	-
Selling General Administrative	15,157
Selling And Marketing Expenses	-
Operating Expense	29,862	15,157

Net Interest Income (+$)
Interest Income	-
Interest Expense	-341
Other Finance Cost	-0
Net Interest Income	-341

Pretax Income (+$)
Operating Income	-3,382
Net Interest Income	-341
Other Non-Operating Income Expenses	-
Income Before Tax (EBT)	-3,723	-3,382 EBIT - interestExpense = -341 -6,375 -6,034
Interest Expense	341
Earnings Before Interest and Taxes (EBIT)	-	-3,382
Earnings Before Interest and Taxes (EBITDA)	-1,893

After tax Income (+$)
Income Before Tax	-3,723
Tax Provision	-1,203
Net Income From Continuing Ops	-4,926	-4,926
Net Income	-6,375
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	-	341

Technicals of Inix Technologies Holdings Bhd

1. Trend Indicators

1.1 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.

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

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

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Inix Technologies Holdings Bhd Daily Moving Averages Chart

1.2 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.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of Inix Technologies Holdings Bhd:

The Moving Average Convergence/Divergence (MACD) is -0.001. The Moving Average Convergence/Divergence (MACD) below zero is a bearish sign. -1
The MACD is lower than the signal line. This is a bearish indication. -1

Inix Technologies Holdings Bhd Daily Moving Average Convergence/Divergence (MACD) Chart

1.3 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. Let's take a look of the ADX of Inix Technologies Holdings Bhd:

The ADX is 38.891. Strong Trend. +1
The ADX is rising, the current trend is strengthening. +1
The +DI is lower than the -DI. The current trend is down. -2

Inix Technologies Holdings Bhd Daily Directional Movement Index (DMI) Chart

1.4 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..

The price has crossed the Parabolic SAR to the downside. The trend is reversing to a down trend. -1

Inix Technologies Holdings Bhd Daily Parabolic SAR Chart

2. Momentum Indicators

2.1 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

The RSI is below 50. -1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Inix Technologies Holdings Bhd Daily Relative Strength Index (RSI) Chart

2.2 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

The Stochastic is below 50. -1

Inix Technologies Holdings Bhd Daily Stochastic Oscillator Chart

2.3 Commodity Channel Index (CCI)

Inix Technologies Holdings Bhd Daily Commodity Channel Index (CCI) Chart

2.4 Chande Momentum Oscillator (CMO)

Inix Technologies Holdings Bhd Daily Chande Momentum Oscillator (CMO) Chart

2.5 Williams %R

Inix Technologies Holdings Bhd Daily Williams %R Chart

3. Volatility Indicators

3.1 Bollinger Bands

Inix Technologies Holdings Bhd Daily Bollinger Bands Chart

3.2 Average True Range (ATR)

Inix Technologies Holdings Bhd Daily Average True Range (ATR) Chart

4. Volume Indicators

4.1 On-Balance Volume (OBV)

Inix Technologies Holdings Bhd Daily On-Balance Volume (OBV) Chart

4.2 Money Flow Index (MFI)

Inix Technologies Holdings Bhd Daily Money Flow Index (MFI) Chart

5. Summary

5.1. Notifications

Type	Notification	Date
Currently no notifications for Inix Technologies Holdings Bhd.

5.2. Trading Signals

Date	Indicator	Entry signal	Exit signal
2023-05-23	MACD	SHORT ENTRY	LONG CLOSE
2023-05-24	DMI	LONG ENTRY	SHORT CLOSE
	SAR	LONG ENTRY	SHORT CLOSE	price crossed sar to upside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	MFI	80 crossover to upside
2023-05-31	STOCH	LONG ENTRY	SHORT CLOSE	20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE
2023-06-01	SAR	SHORT ENTRY	LONG CLOSE	price crossed sar to downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE
2023-06-02	SAR	LONG ENTRY	SHORT CLOSE	price crossed sar to upside

5.2. Technical Score

Let's check the technical score of Inix Technologies Holdings Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	48.223
Ma 20	Greater than	Ma 50	0.021
Ma 50	Greater than	Ma 100	0.022
Ma 100	Greater than	Ma 200	0.028
Open	Greater than	Close	0.020
Total			1/5 (20.0%)

Create your own Symbol Scanner

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Quick analysis of Inix Technologies Holdings Bhd (30 sec.)

1. Valuation of Inix Technologies Holdings Bhd (5 min.)

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2. Growth of Inix Technologies Holdings Bhd (5 min.)

Is Inix Technologies Holdings Bhd growing?

How much money is Inix Technologies Holdings Bhd making?

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

3. Financial Health of Inix Technologies Holdings Bhd (5 min.)

4. Comparing to competitors in the Information Technology Services industry (5 min.)

Industry Rankings (Information Technology Services)

Fundamentals of Inix Technologies Holdings Bhd

Financial Health

1.1. Profitability of Inix Technologies Holdings Bhd.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Information Technology Services)

1.1.2. Return on Assets

Trends

Compared to industry (Information Technology Services)

1.1.3. Return on Equity

Trends

Compared to industry (Information Technology Services)

1.2. Operating Efficiency of Inix Technologies Holdings Bhd.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Information Technology Services)

1.2.2. Operating Ratio

Trends

Compared to industry (Information Technology Services)

1.3. Liquidity of Inix Technologies Holdings Bhd.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Information Technology Services)

1.3.2. Quick Ratio

Trends

Compared to industry (Information Technology Services)

1.4. Solvency of Inix Technologies Holdings Bhd.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Information Technology Services)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Information Technology Services)

2. Market Valuation of Inix Technologies Holdings Bhd

2. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Information Technology Services)

2.2. Price Earnings to Growth Ratio

Trends

Compared to industry (Information Technology Services)

2. Book Value per Share

2.3. Price to Book Ratio

Trends

Compared to industry (Information Technology Services)

Inix Technologies Holdings Bhd
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