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China Fortune Holdings Ltd
Buy, Hold or Sell?

Let's analyze China Fortune Holdings Ltd together

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

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

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1. Quick Overview

1.1. Quick analysis of China Fortune Holdings Ltd (30 sec.)










1.2. What can you expect buying and holding a share of China Fortune Holdings Ltd? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
HK$-0.07
Expected worth in 1 year
HK$-0.21
How sure are you?
20.0%

+ What do you gain per year?

Total Gains per Share
HK$-0.14
Return On Investment
-68.4%

For what price can you sell your share?

Current Price per Share
HK$0.21
Expected price per share
HK$0.18 - HK$0.405
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of China Fortune Holdings Ltd (5 min.)




Live pricePrice per Share (EOD)
HK$0.21
Intrinsic Value Per Share
HK$-1.17 - HK$-0.13
Total Value Per Share
HK$-1.24 - HK$-0.21

2.2. Growth of China Fortune Holdings Ltd (5 min.)




Is China Fortune Holdings Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?-$2.2m-$1.2m-$1m-47.1%

How much money is China Fortune Holdings Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1.6m-$1.8m$225.8k13.9%
Net Profit Margin-15.5%-17.8%--

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

2.3. Financial Health of China Fortune Holdings Ltd (5 min.)




2.4. Comparing to competitors in the Consumer Electronics industry (5 min.)




  Industry Rankings (Consumer Electronics)  


Richest
#123 / 127

Most Revenue
#100 / 127

Most Profit
#96 / 127

Most Efficient
#107 / 127
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of China Fortune Holdings Ltd?

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

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

Speculation

The Price per Share of China Fortune Holdings Ltd is HK$0.205. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

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

  • The fundamentals: the financial health trends of China Fortune Holdings Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$-0.07. Based on the TTM, the Book Value Change Per Share is HK$-0.04 per quarter. Based on the YOY, the Book Value Change Per Share is HK$-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 HK$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of China Fortune Holdings Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps-0.01-3.3%-0.01-3.3%-0.01-3.8%-0.01-3.3%-0.01-5.6%
Usd Book Value Change Per Share0.00-2.2%0.00-2.2%-0.01-5.4%0.00-1.3%-0.02-8.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-2.2%0.00-2.2%-0.01-5.4%0.00-1.3%-0.02-8.9%
Usd Price Per Share0.03-0.03-0.04-0.04-0.15-
Price to Earnings Ratio-3.77--3.77--4.96-137.20-61.85-
Price-to-Total Gains Ratio-5.70--5.70--3.48--4.03--5.42-
Price to Book Ratio-2.69--2.69--7.62--1.89-5.52-
Price-to-Total Gains Ratio-5.70--5.70--3.48--4.03--5.42-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.026363
Number of shares37931
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (37931 shares)-171.09-103.15
Gains per Year (37931 shares)-684.35-412.61
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-684-6940-413-423
20-1369-13780-825-836
30-2053-20620-1238-1249
40-2737-27460-1650-1662
50-3422-34300-2063-2075
60-4106-41140-2476-2488
70-4790-47980-2888-2901
80-5475-54820-3301-3314
90-6159-61660-3714-3727
100-6844-68500-4126-4140

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 Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%2.08.00.020.0%12.013.00.048.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%2.08.00.020.0%12.013.00.048.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%6.00.019.024.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%2.08.00.020.0%13.012.00.052.0%
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3.2. Key Performance Indicators

The key performance indicators of China Fortune Holdings Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.035-0.0350%-0.086+146%-0.021-40%-0.142+304%
Book Value Per Share---0.074-0.0740%-0.039-47%-0.046-39%0.143-152%
Current Ratio--0.6120.6120%0.372+64%0.789-22%1.099-44%
Debt To Asset Ratio--1.4551.4550%1.594-9%1.328+10%0.971+50%
Debt To Equity Ratio--2.0182.0180%0.703+187%2.651-24%1.903+6%
Dividend Per Share----0%-0%-0%-0%
Eps---0.053-0.0530%-0.060+14%-0.0530%-0.089+68%
Free Cash Flow Per Share---0.047-0.0470%-0.064+37%-0.042-11%-0.056+19%
Free Cash Flow To Equity Per Share--0.0260.0260%-0.097+473%-0.014+152%-0.017+165%
Gross Profit Margin--1.0141.0140%1.028-1%0.710+43%0.912+11%
Intrinsic Value_10Y_max---0.131--------
Intrinsic Value_10Y_min---1.169--------
Intrinsic Value_1Y_max---0.036--------
Intrinsic Value_1Y_min---0.072--------
Intrinsic Value_3Y_max---0.090--------
Intrinsic Value_3Y_min---0.257--------
Intrinsic Value_5Y_max---0.124--------
Intrinsic Value_5Y_min---0.485--------
Market Cap48698980.000+2%47511200.00047511200.0000%71266800.000-33%77680812.000-39%523431645.697-91%
Net Profit Margin---0.155-0.1550%-0.178+15%-0.139-10%-1.671+980%
Operating Margin---0.214-0.2140%-0.264+23%-0.218+2%-0.397+85%
Operating Ratio--1.2141.2140%1.264-4%1.2180%4.331-72%
Pb Ratio-2.754-2%-2.687-2.6870%-7.622+184%-1.887-30%5.516-149%
Pe Ratio-3.860-3%-3.766-3.7660%-4.959+32%137.201-103%61.852-106%
Price Per Share0.205+2%0.2000.2000%0.300-33%0.327-39%1.180-83%
Price To Free Cash Flow Ratio-4.372-2%-4.265-4.2650%-4.654+9%5.337-180%92.137-105%
Price To Total Gains Ratio-5.845-2%-5.702-5.7020%-3.478-39%-4.029-29%-5.422-5%
Quick Ratio--0.5880.5880%0.357+65%0.776-24%0.836-30%
Return On Assets---0.324-0.3240%-0.913+181%-0.362+12%-0.453+40%
Return On Equity---0.450-0.4500%-0.403-10%-0.578+28%-0.699+55%
Total Gains Per Share---0.035-0.0350%-0.086+146%-0.021-40%-0.142+304%
Usd Book Value---2273905.200-2273905.2000%-1202410.000-47%-1394281.174-39%7940779.953-129%
Usd Book Value Change Per Share---0.005-0.0050%-0.011+146%-0.003-40%-0.018+304%
Usd Book Value Per Share---0.010-0.0100%-0.005-47%-0.006-39%0.018-152%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.007-0.0070%-0.008+14%-0.0070%-0.011+68%
Usd Free Cash Flow---1432604.000-1432604.0000%-1969251.800+37%-1277743.880-11%-2110518.900+47%
Usd Free Cash Flow Per Share---0.006-0.0060%-0.008+37%-0.005-11%-0.007+19%
Usd Free Cash Flow To Equity Per Share--0.0030.0030%-0.013+473%-0.002+152%-0.002+165%
Usd Market Cap6262688.828+2%6109940.3206109940.3200%9164910.480-33%9989752.423-39%67313309.637-91%
Usd Price Per Share0.026+2%0.0260.0260%0.039-33%0.042-39%0.152-83%
Usd Profit---1622417.600-1622417.6000%-1848239.200+14%-1614958.8000%-3396480.320+109%
Usd Revenue--10486301.20010486301.2000%10362073.600+1%11077449.680-5%12607455.320-17%
Usd Total Gains Per Share---0.005-0.0050%-0.011+146%-0.003-40%-0.018+304%
 EOD+6 -2MRQTTM+0 -0YOY+21 -135Y+12 -2210Y+22 -12

3.3 Fundamental Score

Let's check the fundamental score of China Fortune Holdings Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.860
Price to Book Ratio (EOD)Between0-1-2.754
Net Profit Margin (MRQ)Greater than0-0.155
Operating Margin (MRQ)Greater than0-0.214
Quick Ratio (MRQ)Greater than10.588
Current Ratio (MRQ)Greater than10.612
Debt to Asset Ratio (MRQ)Less than11.455
Debt to Equity Ratio (MRQ)Less than12.018
Return on Equity (MRQ)Greater than0.15-0.450
Return on Assets (MRQ)Greater than0.05-0.324
Total0/10 (0.0%)

3.4 Technical Score

Let's check the technical score of China Fortune Holdings Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.025
Ma 20Greater thanMa 500.224
Ma 50Greater thanMa 1000.231
Ma 100Greater thanMa 2000.230
OpenGreater thanClose0.205
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About China Fortune Holdings Ltd

China Fortune Holdings Limited, an investment holding company, engages in the distribution and trading of mobile phones and related accessories in the People's Republic of China. The company operates through Mobile Phone Business and Mining Business segments. It is also involved in the mining and processing of celestite, zinc, and lead minerals located in Huangshi City, Hubei Province. In addition, the company provides management, advertising, and subscription services. The company was formerly known as Fortune Telecom Holdings Limited and changed its name to China Fortune Holdings Limited in October 2007. China Fortune Holdings Limited was founded in 1992 and is based in Kwai Chung, Hong Kong. The company is a subsidiary of Future 2000 Limited.

Fundamental data was last updated by Penke on 2024-10-28 03:23:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared 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 yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared 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 yearCompared to industry
The company is unable to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

4.2.2. Valuation Summary

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

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit China Fortune Holdings Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare China Fortune Holdings Ltd to the Consumer Electronics industry mean.
  • A Net Profit Margin of -15.5% means that $-0.15 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of China Fortune Holdings Ltd:

  • The MRQ is -15.5%. The company is making a huge loss. -2
  • The TTM is -15.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-15.5%TTM-15.5%0.0%
TTM-15.5%YOY-17.8%+2.4%
TTM-15.5%5Y-13.9%-1.5%
5Y-13.9%10Y-167.1%+153.1%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ-15.5%2.4%-17.9%
TTM-15.5%2.2%-17.7%
YOY-17.8%1.4%-19.2%
5Y-13.9%2.3%-16.2%
10Y-167.1%2.1%-169.2%
4.3.1.2. Return on Assets

Shows how efficient China Fortune Holdings Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare China Fortune Holdings Ltd to the Consumer Electronics industry mean.
  • -32.4% Return on Assets means that China Fortune Holdings Ltd generated $-0.32 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of China Fortune Holdings Ltd:

  • The MRQ is -32.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -32.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-32.4%TTM-32.4%0.0%
TTM-32.4%YOY-91.3%+58.8%
TTM-32.4%5Y-36.2%+3.7%
5Y-36.2%10Y-45.3%+9.2%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ-32.4%0.7%-33.1%
TTM-32.4%0.6%-33.0%
YOY-91.3%0.7%-92.0%
5Y-36.2%0.8%-37.0%
10Y-45.3%0.7%-46.0%
4.3.1.3. Return on Equity

Shows how efficient China Fortune Holdings Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare China Fortune Holdings Ltd to the Consumer Electronics industry mean.
  • -45.0% Return on Equity means China Fortune Holdings Ltd generated $-0.45 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of China Fortune Holdings Ltd:

  • The MRQ is -45.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -45.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-45.0%TTM-45.0%0.0%
TTM-45.0%YOY-40.3%-4.7%
TTM-45.0%5Y-57.8%+12.8%
5Y-57.8%10Y-69.9%+12.1%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ-45.0%1.3%-46.3%
TTM-45.0%1.2%-46.2%
YOY-40.3%1.4%-41.7%
5Y-57.8%1.7%-59.5%
10Y-69.9%1.7%-71.6%
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4.3.2. Operating Efficiency of China Fortune Holdings Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient China Fortune Holdings Ltd is operating .

  • Measures how much profit China Fortune Holdings Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare China Fortune Holdings Ltd to the Consumer Electronics industry mean.
  • An Operating Margin of -21.4% means the company generated $-0.21  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of China Fortune Holdings Ltd:

  • The MRQ is -21.4%. The company is operating very inefficient. -2
  • The TTM is -21.4%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-21.4%TTM-21.4%0.0%
TTM-21.4%YOY-26.4%+4.9%
TTM-21.4%5Y-21.8%+0.3%
5Y-21.8%10Y-39.7%+17.9%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ-21.4%0.6%-22.0%
TTM-21.4%1.0%-22.4%
YOY-26.4%2.6%-29.0%
5Y-21.8%3.0%-24.8%
10Y-39.7%3.2%-42.9%
4.3.2.2. Operating Ratio

Measures how efficient China Fortune Holdings Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Consumer Electronics industry mean).
  • An Operation Ratio of 1.21 means that the operating costs are $1.21 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of China Fortune Holdings Ltd:

  • The MRQ is 1.214. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.214. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.214TTM1.2140.000
TTM1.214YOY1.264-0.049
TTM1.2145Y1.218-0.003
5Y1.21810Y4.331-3.114
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2141.484-0.270
TTM1.2141.498-0.284
YOY1.2641.467-0.203
5Y1.2181.459-0.241
10Y4.3311.329+3.002
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4.4.3. Liquidity of China Fortune Holdings Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if China Fortune Holdings Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Consumer Electronics industry mean).
  • A Current Ratio of 0.61 means the company has $0.61 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of China Fortune Holdings Ltd:

  • The MRQ is 0.612. 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 periodCompared to+/- 
MRQ0.612TTM0.6120.000
TTM0.612YOY0.372+0.240
TTM0.6125Y0.789-0.177
5Y0.78910Y1.099-0.310
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6121.459-0.847
TTM0.6121.532-0.920
YOY0.3721.620-1.248
5Y0.7891.644-0.855
10Y1.0991.668-0.569
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare China Fortune Holdings Ltd to the Consumer Electronics industry mean.
  • A Quick Ratio of 0.59 means the company can pay off $0.59 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of China Fortune Holdings Ltd:

  • The MRQ is 0.588. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.588. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.588TTM0.5880.000
TTM0.588YOY0.357+0.231
TTM0.5885Y0.776-0.188
5Y0.77610Y0.836-0.060
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5880.730-0.142
TTM0.5880.766-0.178
YOY0.3570.833-0.476
5Y0.7760.986-0.210
10Y0.8361.015-0.179
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4.5.4. Solvency of China Fortune Holdings Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of China Fortune Holdings Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare China Fortune Holdings Ltd to Consumer Electronics industry mean.
  • A Debt to Asset Ratio of 1.45 means that China Fortune Holdings Ltd assets are financed with 145.5% credit (debt) and the remaining percentage (100% - 145.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of China Fortune Holdings Ltd:

  • The MRQ is 1.455. The company is unable to pay all its debts by selling its assets. -2
  • The TTM is 1.455. The company is unable to pay all its debts by selling its assets. -2
Trends
Current periodCompared to+/- 
MRQ1.455TTM1.4550.000
TTM1.455YOY1.594-0.139
TTM1.4555Y1.328+0.126
5Y1.32810Y0.971+0.357
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4550.519+0.936
TTM1.4550.505+0.950
YOY1.5940.504+1.090
5Y1.3280.513+0.815
10Y0.9710.532+0.439
4.5.4.2. Debt to Equity Ratio

Measures if China Fortune Holdings Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare China Fortune Holdings Ltd to the Consumer Electronics industry mean.
  • A Debt to Equity ratio of 201.8% means that company has $2.02 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of China Fortune Holdings Ltd:

  • The MRQ is 2.018. The company is just not able to pay all its debts with equity.
  • The TTM is 2.018. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.018TTM2.0180.000
TTM2.018YOY0.703+1.315
TTM2.0185Y2.651-0.633
5Y2.65110Y1.903+0.747
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0181.057+0.961
TTM2.0181.026+0.992
YOY0.7030.972-0.269
5Y2.6511.089+1.562
10Y1.9031.036+0.867
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings China Fortune Holdings Ltd generates.

  • Above 15 is considered overpriced but always compare China Fortune Holdings Ltd to the Consumer Electronics industry mean.
  • A PE ratio of -3.77 means the investor is paying $-3.77 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of China Fortune Holdings Ltd:

  • The EOD is -3.860. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.766. Based on the earnings, the company is expensive. -2
  • The TTM is -3.766. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.860MRQ-3.766-0.094
MRQ-3.766TTM-3.7660.000
TTM-3.766YOY-4.959+1.193
TTM-3.7665Y137.201-140.967
5Y137.20110Y61.852+75.349
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD-3.86010.130-13.990
MRQ-3.76610.001-13.767
TTM-3.76610.230-13.996
YOY-4.95910.180-15.139
5Y137.20115.734+121.467
10Y61.85222.633+39.219
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of China Fortune Holdings Ltd:

  • The EOD is -4.372. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.265. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.265. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.372MRQ-4.265-0.107
MRQ-4.265TTM-4.2650.000
TTM-4.265YOY-4.654+0.389
TTM-4.2655Y5.337-9.602
5Y5.33710Y92.137-86.800
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD-4.3725.790-10.162
MRQ-4.2654.649-8.914
TTM-4.2651.526-5.791
YOY-4.6542.558-7.212
5Y5.3372.948+2.389
10Y92.1372.190+89.947
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of China Fortune Holdings Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Consumer Electronics industry mean).
  • A PB ratio of -2.69 means the investor is paying $-2.69 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of China Fortune Holdings Ltd:

  • The EOD is -2.754. Based on the equity, the company is expensive. -2
  • The MRQ is -2.687. Based on the equity, the company is expensive. -2
  • The TTM is -2.687. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.754MRQ-2.687-0.067
MRQ-2.687TTM-2.6870.000
TTM-2.687YOY-7.622+4.935
TTM-2.6875Y-1.887-0.800
5Y-1.88710Y5.516-7.403
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD-2.7541.727-4.481
MRQ-2.6871.546-4.233
TTM-2.6871.720-4.407
YOY-7.6221.688-9.310
5Y-1.8872.035-3.922
10Y5.5162.706+2.810
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

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

Summary
Total Assets38,902
Total Liabilities56,584
Total Stockholder Equity28,041
 As reported
Total Liabilities 56,584
Total Stockholder Equity+ 28,041
Total Assets = 38,902

Assets

Total Assets38,902
Total Current Assets34,291
Long-term Assets4,611
Total Current Assets
Cash And Cash Equivalents 11,866
Short-term Investments 642
Net Receivables 19,819
Inventory 1,964
Total Current Assets  (as reported)34,291
Total Current Assets  (calculated)34,291
+/-0
Long-term Assets
Property Plant Equipment 1,616
Intangible Assets 680
Long-term Assets Other 680
Long-term Assets  (as reported)4,611
Long-term Assets  (calculated)2,976
+/- 1,635

Liabilities & Shareholders' Equity

Total Current Liabilities56,049
Long-term Liabilities535
Total Stockholder Equity28,041
Total Current Liabilities
Short-term Debt 1,063
Accounts payable 19,141
Other Current Liabilities 34,820
Total Current Liabilities  (as reported)56,049
Total Current Liabilities  (calculated)55,024
+/- 1,025
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt535
Long-term Liabilities  (as reported)535
Long-term Liabilities  (calculated)535
+/-0
Total Stockholder Equity
Common Stock2,116
Retained Earnings -541,964
Accumulated Other Comprehensive Income 97,522
Other Stockholders Equity 470,367
Total Stockholder Equity (as reported)28,041
Total Stockholder Equity (calculated)28,041
+/-0
Other
Capital Stock2,116
Cash and Short Term Investments 12,508
Common Stock Shares Outstanding 197,441
Current Deferred Revenue1,025
Liabilities and Stockholders Equity 38,902
Net Debt -10,268
Net Invested Capital 28,041
Net Working Capital -21,758
Property Plant and Equipment Gross 419,805
Short Long Term Debt Total 1,598



6.2. Balance Sheets Structured

Currency in HKD. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312020-03-312019-12-312019-03-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-31
> Total Assets 
334,417
520,640
685,203
830,421
746,235
873,500
682,513
1,183,024
520,982
385,332
698,937
867,381
742,748
585,271
441,708
402,354
354,834
246,543
44,876
85,245
0
70,937
0
39,335
47,512
15,747
38,902
38,90215,74747,51239,335070,937085,24544,876246,543354,834402,354441,708585,271742,748867,381698,937385,332520,9821,183,024682,513873,500746,235830,421685,203520,640334,417
   > Total Current Assets 
0
0
0
821,000
735,866
862,088
664,535
1,163,453
441,788
331,671
267,140
416,200
275,695
170,931
128,757
96,452
63,848
62,052
40,352
72,811
0
64,114
0
34,349
40,187
9,168
34,291
34,2919,16840,18734,349064,114072,81140,35262,05263,84896,452128,757170,931275,695416,200267,140331,671441,7881,163,453664,535862,088735,866821,000000
       Cash And Cash Equivalents 
27,534
57,794
173,929
126,752
119,724
125,311
205,906
50,448
82,891
45,912
7,264
45,667
78,370
89,371
96,581
71,264
12,852
16,000
18,364
26,563
0
18,177
0
30,122
31,504
6,225
11,866
11,8666,22531,50430,122018,177026,56318,36416,00012,85271,26496,58189,37178,37045,6677,26445,91282,89150,448205,906125,311119,724126,752173,92957,79427,534
       Short-term Investments 
139,251
137,280
132,095
228,362
219,227
2
-9,500
12,064
75,010
30,392
0
0
0
0
0
0
2,111
1,254
1,251
536
0
921
0
907
716
557
642
642557716907092105361,2511,2542,11100000030,39275,01012,064-9,5002219,227228,362132,095137,280139,251
       Net Receivables 
91,363
121,091
116,251
155,752
153,131
279,594
130,100
349,191
143,286
82,655
93,633
108,874
45,035
33,523
2,755
1,523
35,467
9,559
2,395
456
0
44,990
0
183
7,967
1,462
19,819
19,8191,4627,967183044,99004562,3959,55935,4671,5232,75533,52345,035108,87493,63382,655143,286349,191130,100279,594153,131155,752116,251121,09191,363
       Other Current Assets 
0
9,764
6,810
203,834
219,979
177,253
147,211
150,879
86,810
42,850
1,469
74,504
19,925
15,162
22,182
17,163
4,466
34,042
17,495
45,697
0
40,782
0
3,137
2,273
2,019
3,187
3,1872,0192,2733,137040,782045,69717,49534,0424,46617,16322,18215,16219,92574,5041,46942,85086,810150,879147,211177,253219,979203,8346,8109,7640
   > Long-term Assets 
0
0
0
9,421
10,369
11,412
17,978
19,571
79,194
53,661
431,797
451,181
467,053
414,340
312,951
305,902
290,986
184,491
4,524
12,434
0
6,823
0
4,986
7,325
6,579
4,611
4,6116,5797,3254,98606,823012,4344,524184,491290,986305,902312,951414,340467,053451,181431,79753,66179,19419,57117,97811,41210,3699,421000
       Property Plant Equipment 
1,334
4,210
2,384
7,526
9,113
1,335
938
10,446
3,790
2,999
6,701
8,680
9,861
15,094
13,919
291,082
276,375
177,565
42
5,709
847
1,258
1,969
136
1,097
1,029
1,616
1,6161,0291,0971361,9691,2588475,70942177,565276,375291,08213,91915,0949,8618,6806,7012,9993,79010,4469381,3359,1137,5262,3844,2101,334
       Goodwill 
0
0
2,535
1,895
1,256
777
4,910
4,910
12,925
7,820
2,910
2,910
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000002,9102,9107,82012,9254,9104,9107771,2561,8952,53500
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,326
13,714
13,515
6,054
3,594
5,848
0
0
0
0
0
0
0
00000005,8483,5946,05413,51513,71411,32600000000000000
       Intangible Assets 
0
0
2,535
1,895
1,256
777
4,910
4,910
13,525
9,096
415,840
433,683
452,060
1,215
286,485
1,106
267,438
169,388
888
877
0
874
0
886
893
875
680
68087589388608740877888169,388267,4381,106286,4851,215452,060433,683415,8409,09613,5254,9104,9107771,2561,8952,53500
       Other Assets 
0
0
0
0
0
0
1,052
2,697
58,200
36,400
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000036,40058,2002,6971,052000000
> Total Liabilities 
142,390
314,212
417,825
517,098
416,336
515,986
328,599
787,614
260,843
190,552
385,625
421,075
263,265
171,702
123,017
119,416
111,880
102,131
50,927
77,809
0
83,962
0
64,627
36,373
25,097
56,584
56,58425,09736,37364,627083,962077,80950,927102,131111,880119,416123,017171,702263,265421,075385,625190,552260,843787,614328,599515,986416,336517,098417,825314,212142,390
   > Total Current Liabilities 
142,124
254,035
417,175
382,648
416,086
453,386
328,599
786,856
260,843
190,552
141,716
315,251
152,957
75,859
54,214
52,224
33,159
48,683
50,927
60,243
0
71,031
0
36,211
36,168
24,631
56,049
56,04924,63136,16836,211071,031060,24350,92748,68333,15952,22454,21475,859152,957315,251141,716190,552260,843786,856328,599453,386416,086382,648417,175254,035142,124
       Short-term Debt 
0
0
0
342,301
389,773
403,791
271,792
676,666
120,223
52,660
21,559
95,826
15,250
15,374
15,870
15,498
14,754
18,310
14,878
-143
0
5,787
0
456
957
535
1,063
1,06353595745605,7870-14314,87818,31014,75415,49815,87015,37415,25095,82621,55952,660120,223676,666271,792403,791389,773342,301000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,512
18,165
14,754
18,310
14,878
0
0
4,480
0
0
0
0
0
000004,4800014,87818,31014,75418,16517,51200000000000000
       Accounts payable 
38,221
106,800
156,470
32,024
24,963
44,653
55,005
108,453
84,553
80,680
89,797
203,873
105,876
53,046
30,170
1,645
674
262
3,875
4,850
0
1,618
0
248
6,744
954
19,141
19,1419546,74424801,61804,8503,8752626741,64530,17053,046105,876203,87389,79780,68084,553108,45355,00544,65324,96332,024156,470106,80038,221
       Other Current Liabilities 
22,947
22,694
18,462
8,323
1,350
4,942
1,802
1,737
2,922
52,630
30,360
15,552
31,831
7,439
8,174
50,579
32,485
43,873
30,953
55,393
0
62,593
0
35,491
28,378
21,938
34,820
34,82021,93828,37835,491062,593055,39330,95343,87332,48550,5798,1747,43931,83115,55230,36052,6302,9221,7371,8024,9421,3508,32318,46222,69422,947
   > Long-term Liabilities 
0
0
0
134,450
250
62,600
0
758
0
0
243,909
105,824
110,308
95,843
68,803
67,192
14,754
53,448
0
11,866
0
12,931
0
28,416
205
466
535
53546620528,416012,931011,866053,44814,75467,19268,80395,843110,308105,824243,90900758062,600250134,450000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,754
13,762
0
0
0
707
0
0
205
466
0
04662050070700013,76214,7540000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
15,494
0
0
0
68,803
67,192
63,967
39,686
0
5,700
258
5,600
258
0
0
0
0
00002585,6002585,700039,68663,96767,19268,80300015,4940000000000
> Total Stockholder Equity
192,027
206,428
258,702
304,567
321,143
348,954
353,914
395,410
255,063
189,498
158,254
283,611
314,780
273,806
223,535
195,872
165,373
106,663
31,409
40,587
0
13,992
0
16,763
53,854
35,688
28,041
28,04135,68853,85416,763013,992040,58731,409106,663165,373195,872223,535273,806314,780283,611158,254189,498255,063395,410353,914348,954321,143304,567258,702206,428192,027
   Common Stock
30,000
30,000
30,210
30,210
30,210
30,210
30,210
30,210
37,279
37,279
67,881
82,166
82,166
82,166
2,316
82,906
83,206
83,206
91,778
91,778
3,200
91,778
3,200
91,778
1,836
1,836
2,116
2,1161,8361,83691,7783,20091,7783,20091,77891,77883,20683,20682,9062,31682,16682,16682,16667,88137,27937,27930,21030,21030,21030,21030,21030,21030,00030,000
   Retained Earnings 
58,442
73,424
122,438
161,039
166,796
187,733
186,507
214,825
0
0
-302,649
-287,719
-271,692
-311,241
2,481
-365,422
-418,672
-468,479
-550,061
-539,902
0
-596,127
0
-595,908
-514,976
-529,348
-541,964
-541,964-529,348-514,976-595,9080-596,1270-539,902-550,061-468,479-418,672-365,4222,481-311,241-271,692-287,719-302,64900214,825186,507187,733166,796161,039122,43873,42458,442
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
395,962
0
0
417,391
0
417,391
0
417,391
463,439
463,439
0
0463,439463,439417,3910417,3910417,39100395,9620000000000000000
   Treasury Stock000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
318,744
323,704
0
0
152,219
393,022
489,164
504,306
502,881
129,890
394,904
71,273
65,842
387,259
387,259
93,407
417,391
84,616
417,391
463,439
463,439
470,367
470,367463,439463,439417,39184,616417,39193,407387,259387,25965,84271,273394,904129,890502,881504,306489,164393,022152,21900323,704318,74400000



6.3. Balance Sheets

Currency in HKD. All numbers in thousands.




6.4. Cash Flows

Currency in HKD. All numbers in thousands.




6.5. Income Statements

Currency in HKD. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2023-12-31. Currency in HKD. All numbers in thousands.

Gross Profit (+$)
totalRevenue81,542
Cost of Revenue-81,166
Gross Profit376376
 
Operating Income (+$)
Gross Profit376
Operating Expense-17,842
Operating Income-17,466-17,466
 
Operating Expense (+$)
Research Development0
Selling General Administrative17,675
Selling And Marketing Expenses179
Operating Expense17,84217,854
 
Net Interest Income (+$)
Interest Income0
Interest Expense-103
Other Finance Cost-0
Net Interest Income-103
 
Pretax Income (+$)
Operating Income-17,466
Net Interest Income-103
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-14,715-20,217
EBIT - interestExpense = -17,569
-12,594
-12,513
Interest Expense103
Earnings Before Interest and Taxes (EBIT)-17,466-14,612
Earnings Before Interest and Taxes (EBITDA)-16,439
 
After tax Income (+$)
Income Before Tax-14,715
Tax Provision-22
Net Income From Continuing Ops-15,099-14,737
Net Income-12,616
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses99,008
Total Other Income/Expenses Net2,751103
 

Technical Analysis of China Fortune Holdings Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of China Fortune Holdings Ltd. The general trend of China Fortune Holdings Ltd is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine China Fortune Holdings Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of China Fortune Holdings Ltd.

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

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

The bullish price targets are: 0.23 < 0.395 < 0.405.

The bearish price targets are: 0.19 > 0.18 > 0.18.

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China Fortune Holdings Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of China Fortune Holdings Ltd. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

China Fortune Holdings Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of China Fortune Holdings Ltd. The current macd is -0.00797427.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the China Fortune Holdings Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for China Fortune Holdings Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the China Fortune Holdings Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
China Fortune Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) ChartChina Fortune Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of China Fortune Holdings Ltd. The current adx is 22.52.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy China Fortune Holdings Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
China Fortune Holdings Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of China Fortune Holdings Ltd. The current sar is 0.29904462.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
China Fortune Holdings Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of China Fortune Holdings Ltd. The current rsi is 45.02. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
China Fortune Holdings Ltd Daily Relative Strength Index (RSI) ChartChina Fortune Holdings Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of China Fortune Holdings Ltd. The current phase is Continuation in bear 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 below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the China Fortune Holdings Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
China Fortune Holdings Ltd Daily Stochastic Oscillator ChartChina Fortune Holdings Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of China Fortune Holdings Ltd. The current cci is -42.7987924.

China Fortune Holdings Ltd Daily Commodity Channel Index (CCI) ChartChina Fortune Holdings Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of China Fortune Holdings Ltd. The current cmo is -10.5541131.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
China Fortune Holdings Ltd Daily Chande Momentum Oscillator (CMO) ChartChina Fortune Holdings Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of China Fortune Holdings Ltd. The current willr is -62.5.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that China Fortune Holdings Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
China Fortune Holdings Ltd Daily Williams %R ChartChina Fortune Holdings Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of China Fortune Holdings Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of China Fortune Holdings Ltd. The current atr is 0.01182717.

China Fortune Holdings Ltd Daily Average True Range (ATR) ChartChina Fortune Holdings Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of China Fortune Holdings Ltd. The current obv is -3,438,988.

China Fortune Holdings Ltd Daily On-Balance Volume (OBV) ChartChina Fortune Holdings Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of China Fortune Holdings Ltd. The current mfi is 91.98.

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

  • MFI > 50: +1
  • MFI > 80: +1
China Fortune Holdings Ltd Daily Money Flow Index (MFI) ChartChina Fortune Holdings Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for China Fortune Holdings Ltd.

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

China Fortune Holdings Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of China Fortune Holdings Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.025
Ma 20Greater thanMa 500.224
Ma 50Greater thanMa 1000.231
Ma 100Greater thanMa 2000.230
OpenGreater thanClose0.205
Total1/5 (20.0%)
Penke
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