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China Energy Development Holdings Ltd
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Let's analyse China Energy Development Holdings Ltd together

PenkeI guess you are interested in China Energy Development 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 Energy Development 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.

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

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Quick analysis of China Energy Development Holdings Ltd (30 sec.)










What can you expect buying and holding a share of China Energy Development 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$0.18
Expected worth in 1 year
HK$0.16
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
HK$-0.02
Return On Investment
-25.9%

For what price can you sell your share?

Current Price per Share
HK$0.08
Expected price per share
HK$0.084 - HK$0.104
How sure are you?
50%

1. Valuation of China Energy Development Holdings Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$0.08

Intrinsic Value Per Share

HK$-0.46 - HK$-0.04

Total Value Per Share

HK$-0.28 - HK$0.14

2. Growth of China Energy Development Holdings Ltd (5 min.)




Is China Energy Development Holdings Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$219.2m$225.7m-$6.5m-3.0%

How much money is China Energy Development Holdings Ltd making?

Current yearPrevious yearGrowGrow %
Making money$10.6m$15.8m-$5.1m-48.7%
Net Profit Margin25.8%35.0%--

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

3. Financial Health of China Energy Development Holdings Ltd (5 min.)




4. Comparing to competitors in the Oil & Gas Integrated industry (5 min.)




  Industry Rankings (Oil & Gas Integrated)  


Richest
#47 / 54

Most Revenue
#47 / 54

Most Profit
#46 / 54

What can you expect buying and holding a share of China Energy Development Holdings Ltd? (5 min.)

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

What can you expect buying and holding a share of China Energy Development Holdings Ltd?

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

Speculation

The Price per Share of China Energy Development Holdings Ltd is HK$0.083. 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 Energy Development 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 Energy Development 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$0.18. Based on the TTM, the Book Value Change Per Share is HK$-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.02 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 Energy Development 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 Eps0.001.3%0.001.3%0.002.0%0.000.5%0.00-2.6%
Usd Book Value Change Per Share0.00-0.8%0.00-0.8%0.002.5%0.000.0%0.00-2.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.8%0.00-0.8%0.002.5%0.000.0%0.00-2.8%
Usd Price Per Share0.02-0.02-0.02-0.02-0.02-
Price to Earnings Ratio14.27-14.27-11.60--11.18--12.16-
Price-to-Total Gains Ratio-23.30--23.30-9.25--6.41-0.35-
Price to Book Ratio0.69-0.69-0.81-0.83-0.65-
Price-to-Total Gains Ratio-23.30--23.30-9.25--6.41-0.35-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0106074
Number of shares94273
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 (94273 shares)-64.633.62
Gains per Year (94273 shares)-258.5114.47
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-259-2690144
20-517-52802918
30-776-78704332
40-1034-104605846
50-1293-130507260
60-1551-156408774
70-1810-1823010188
80-2068-20820116102
90-2327-23410130116
100-2585-26000145130

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 Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%3.07.00.030.0%6.017.00.026.1%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%2.03.00.040.0%4.06.00.040.0%11.012.00.047.8%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.023.00.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%2.03.00.040.0%4.06.00.040.0%11.012.00.047.8%

Fundamentals of China Energy Development Holdings Ltd

About China Energy Development Holdings Ltd

China Energy Development Holdings Limited, an investment holding company, engages in the exploration, production, and sale of natural gas. It operates through three segments: Exploration, Production, and Distribution of Natural Gas; Sales of Food and Beverages Business; and Money Lending Business. The company drills, explores for, develops, exploits, and produces oil and/or natural gas from site located in Xinjiang; and distributes natural gas through pipelines in the People's Republic of China. In addition, it is involved in the sale of food and beverages; and provision of loans to third parties. The company was incorporated in 2001 and is headquartered in Tsuen Wan, Hong Kong.

Fundamental data was last updated by Penke on 2024-03-24 11:53:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is efficient 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 very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of China Energy Development Holdings Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare China Energy Development Holdings Ltd to the Oil & Gas Integrated industry mean.
  • A Net Profit Margin of 25.8% means that $0.26 for each $1 in revenue is generated as profit.

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

  • The MRQ is 25.8%. The company is making a huge profit. +2
  • The TTM is 25.8%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ25.8%TTM25.8%0.0%
TTM25.8%YOY35.0%-9.2%
TTM25.8%5Y2.5%+23.3%
5Y2.5%10Y-3,389.6%+3,392.1%
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ25.8%5.7%+20.1%
TTM25.8%6.8%+19.0%
YOY35.0%8.7%+26.3%
5Y2.5%3.1%-0.6%
10Y-3,389.6%3.1%-3,392.7%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare China Energy Development Holdings Ltd to the Oil & Gas Integrated industry mean.
  • 3.3% Return on Assets means that China Energy Development Holdings Ltd generated $0.03 profit for each $1 in assets.

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

  • The MRQ is 3.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.3%TTM3.3%0.0%
TTM3.3%YOY4.3%-1.1%
TTM3.3%5Y1.0%+2.2%
5Y1.0%10Y-6.2%+7.2%
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3%1.7%+1.6%
TTM3.3%1.9%+1.4%
YOY4.3%2.4%+1.9%
5Y1.0%1.0%+0.0%
10Y-6.2%0.8%-7.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare China Energy Development Holdings Ltd to the Oil & Gas Integrated industry mean.
  • 4.9% Return on Equity means China Energy Development Holdings Ltd generated $0.05 for each $1 the owners (shareholders) invested.

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

  • The MRQ is 4.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.9%TTM4.9%0.0%
TTM4.9%YOY7.0%-2.2%
TTM4.9%5Y1.6%+3.3%
5Y1.6%10Y-7.8%+9.4%
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ4.9%3.3%+1.6%
TTM4.9%4.0%+0.9%
YOY7.0%6.1%+0.9%
5Y1.6%2.3%-0.7%
10Y-7.8%1.7%-9.5%

1.2. Operating Efficiency of China Energy Development Holdings Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient China Energy Development Holdings Ltd is operating .

  • Measures how much profit China Energy Development 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 Energy Development Holdings Ltd to the Oil & Gas Integrated industry mean.
  • An Operating Margin of 43.9% means the company generated $0.44  for each $1 in revenue (before taxes).

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

  • The MRQ is 43.9%. The company is operating very efficient. +2
  • The TTM is 43.9%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ43.9%TTM43.9%0.0%
TTM43.9%YOY42.7%+1.2%
TTM43.9%5Y35.0%+8.9%
5Y35.0%10Y-404.3%+439.3%
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ43.9%10.9%+33.0%
TTM43.9%12.6%+31.3%
YOY42.7%17.4%+25.3%
5Y35.0%8.7%+26.3%
10Y-404.3%8.6%-412.9%
1.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Oil & Gas Integrated industry mean).
  • An Operation Ratio of 0.70 means that the operating costs are $0.70 for each $1 in net sales.

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

  • The MRQ is 0.697. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.697. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.697TTM0.6970.000
TTM0.697YOY0.703-0.006
TTM0.6975Y0.861-0.164
5Y0.86110Y8.914-8.053
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6970.952-0.255
TTM0.6970.912-0.215
YOY0.7030.880-0.177
5Y0.8610.936-0.075
10Y8.9140.958+7.956

1.3. Liquidity of China Energy Development Holdings Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Oil & Gas Integrated industry mean).
  • A Current Ratio of 0.35 means the company has $0.35 in assets for each $1 in short-term debts.

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

  • The MRQ is 0.354. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.354. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.354TTM0.3540.000
TTM0.354YOY0.405-0.051
TTM0.3545Y0.591-0.237
5Y0.59110Y0.631-0.040
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3541.297-0.943
TTM0.3541.370-1.016
YOY0.4051.263-0.858
5Y0.5911.300-0.709
10Y0.6311.308-0.677
1.3.2. Quick Ratio

Measures if China Energy Development 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 Energy Development Holdings Ltd to the Oil & Gas Integrated industry mean.
  • A Quick Ratio of 0.35 means the company can pay off $0.35 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 0.348. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.348. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.348TTM0.3480.000
TTM0.348YOY0.411-0.063
TTM0.3485Y0.622-0.274
5Y0.62210Y0.516+0.106
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3480.777-0.429
TTM0.3480.772-0.424
YOY0.4110.809-0.398
5Y0.6220.781-0.159
10Y0.5160.800-0.284

1.4. Solvency of China Energy Development Holdings Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare China Energy Development Holdings Ltd to Oil & Gas Integrated industry mean.
  • A Debt to Asset Ratio of 0.33 means that China Energy Development Holdings Ltd assets are financed with 33.0% credit (debt) and the remaining percentage (100% - 33.0%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.330. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.330. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.330TTM0.3300.000
TTM0.330YOY0.381-0.051
TTM0.3305Y0.364-0.034
5Y0.36410Y0.286+0.078
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3300.528-0.198
TTM0.3300.523-0.193
YOY0.3810.568-0.187
5Y0.3640.543-0.179
10Y0.2860.524-0.238
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare China Energy Development Holdings Ltd to the Oil & Gas Integrated industry mean.
  • A Debt to Equity ratio of 49.2% means that company has $0.49 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.492. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.492. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.492TTM0.4920.000
TTM0.492YOY0.614-0.122
TTM0.4925Y0.579-0.087
5Y0.57910Y0.423+0.156
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4921.149-0.657
TTM0.4921.175-0.683
YOY0.6141.350-0.736
5Y0.5791.266-0.687
10Y0.4231.173-0.750

2. Market Valuation of China Energy Development Holdings Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare China Energy Development Holdings Ltd to the Oil & Gas Integrated industry mean.
  • A PE ratio of 14.27 means the investor is paying $14.27 for every $1 in earnings.

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

  • The EOD is 9.475. Based on the earnings, the company is underpriced. +1
  • The MRQ is 14.270. Based on the earnings, the company is underpriced. +1
  • The TTM is 14.270. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD9.475MRQ14.270-4.795
MRQ14.270TTM14.2700.000
TTM14.270YOY11.596+2.674
TTM14.2705Y-11.184+25.453
5Y-11.18410Y-12.159+0.976
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
EOD9.4758.075+1.400
MRQ14.2707.873+6.397
TTM14.2708.341+5.929
YOY11.5964.976+6.620
5Y-11.1848.693-19.877
10Y-12.15911.505-23.664
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -24.824. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -37.385. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -37.385. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-24.824MRQ-37.385+12.561
MRQ-37.385TTM-37.3850.000
TTM-37.385YOY-115.341+77.956
TTM-37.3855Y-31.076-6.309
5Y-31.07610Y-24.549-6.527
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
EOD-24.8246.069-30.893
MRQ-37.3855.325-42.710
TTM-37.3854.005-41.390
YOY-115.3414.577-119.918
5Y-31.0765.188-36.264
10Y-24.5495.363-29.912
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Oil & Gas Integrated industry mean).
  • A PB ratio of 0.69 means the investor is paying $0.69 for each $1 in book value.

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

  • The EOD is 0.460. Based on the equity, the company is cheap. +2
  • The MRQ is 0.693. Based on the equity, the company is cheap. +2
  • The TTM is 0.693. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.460MRQ0.693-0.233
MRQ0.693TTM0.6930.000
TTM0.693YOY0.813-0.120
TTM0.6935Y0.831-0.139
5Y0.83110Y0.649+0.183
Compared to industry (Oil & Gas Integrated)
PeriodCompanyIndustry (mean)+/- 
EOD0.4601.101-0.641
MRQ0.6930.969-0.276
TTM0.6931.082-0.389
YOY0.8131.049-0.236
5Y0.8311.017-0.186
10Y0.6491.107-0.458
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of China Energy Development 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---0.005-0.0050%0.016-133%0.000-1886%-0.018+238%
Book Value Per Share--0.1800.1800%0.186-3%0.174+4%0.220-18%
Current Ratio--0.3540.3540%0.405-13%0.591-40%0.631-44%
Debt To Asset Ratio--0.3300.3300%0.381-13%0.364-9%0.286+15%
Debt To Equity Ratio--0.4920.4920%0.614-20%0.579-15%0.423+16%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0090.0090%0.013-33%0.003+181%-0.017+294%
Free Cash Flow Per Share---0.003-0.0030%-0.001-61%-0.007+109%-0.006+65%
Free Cash Flow To Equity Per Share---0.002-0.0020%-0.001-62%0.000-93%0.000-94%
Gross Profit Margin--1.0001.0000%1.0000%1.317-24%1.158-14%
Intrinsic Value_10Y_max---0.036--------
Intrinsic Value_10Y_min---0.461--------
Intrinsic Value_1Y_max---0.005--------
Intrinsic Value_1Y_min---0.024--------
Intrinsic Value_3Y_max---0.014--------
Intrinsic Value_3Y_min---0.092--------
Intrinsic Value_5Y_max---0.022--------
Intrinsic Value_5Y_min---0.180--------
Market Cap788943254.528-51%1188168000.0001188168000.0000%1435306944.000-17%1357363123.200-12%1219535553.843-3%
Net Profit Margin--0.2580.2580%0.350-26%0.025+923%-33.896+13250%
Operating Margin--0.4390.4390%0.427+3%0.350+25%-4.043+1020%
Operating Ratio--0.6970.6970%0.703-1%0.861-19%8.914-92%
Pb Ratio0.460-51%0.6930.6930%0.813-15%0.831-17%0.649+7%
Pe Ratio9.475-51%14.27014.2700%11.596+23%-11.184+178%-12.159+185%
Price Per Share0.083-51%0.1250.1250%0.151-17%0.143-12%0.128-3%
Price To Free Cash Flow Ratio-24.824+34%-37.385-37.3850%-115.341+209%-31.076-17%-24.549-34%
Price To Total Gains Ratio-15.473+34%-23.303-23.3030%9.252-352%-6.413-72%0.349-6787%
Quick Ratio--0.3480.3480%0.411-15%0.622-44%0.516-33%
Return On Assets--0.0330.0330%0.043-25%0.010+211%-0.062+290%
Return On Equity--0.0490.0490%0.070-31%0.016+208%-0.078+262%
Total Gains Per Share---0.005-0.0050%0.016-133%0.000-1886%-0.018+238%
Usd Book Value--219242561.400219242561.4000%225758700.000-3%210832912.440+4%267170603.040-18%
Usd Book Value Change Per Share---0.001-0.0010%0.002-133%0.000-1886%-0.002+238%
Usd Book Value Per Share--0.0230.0230%0.024-3%0.022+4%0.028-18%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0010.0010%0.002-33%0.000+181%-0.002+294%
Usd Free Cash Flow---4061739.600-4061739.6000%-1590343.200-61%-8492028.840+109%-6705001.440+65%
Usd Free Cash Flow Per Share--0.0000.0000%0.000-61%-0.001+109%-0.001+65%
Usd Free Cash Flow To Equity Per Share--0.0000.0000%0.000-62%0.000-93%0.000-94%
Usd Market Cap100826947.929-51%151847870.400151847870.4000%183432227.443-17%173471007.145-12%155856643.781-3%
Usd Price Per Share0.011-51%0.0160.0160%0.019-17%0.018-12%0.016-3%
Usd Profit--10641267.00010641267.0000%15818445.000-33%3784388.040+181%-20607085.440+294%
Usd Revenue--41282978.40041282978.4000%45188546.400-9%37980754.200+9%20210905.440+104%
Usd Total Gains Per Share---0.001-0.0010%0.002-133%0.000-1886%-0.002+238%
 EOD+4 -4MRQTTM+0 -0YOY+6 -275Y+20 -1410Y+18 -16

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-159.475
Price to Book Ratio (EOD)Between0-10.460
Net Profit Margin (MRQ)Greater than00.258
Operating Margin (MRQ)Greater than00.439
Quick Ratio (MRQ)Greater than10.348
Current Ratio (MRQ)Greater than10.354
Debt to Asset Ratio (MRQ)Less than10.330
Debt to Equity Ratio (MRQ)Less than10.492
Return on Equity (MRQ)Greater than0.150.049
Return on Assets (MRQ)Greater than0.050.033
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.317
Ma 20Greater thanMa 500.091
Ma 50Greater thanMa 1000.079
Ma 100Greater thanMa 2000.083
OpenGreater thanClose0.089
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in HKD. All numbers in thousands.

Summary
Total Assets2,560,109
Total Liabilities844,596
Total Stockholder Equity1,715,513
 As reported
Total Liabilities 844,596
Total Stockholder Equity+ 1,715,513
Total Assets = 2,560,109

Assets

Total Assets2,560,109
Total Current Assets192,530
Long-term Assets2,367,579
Total Current Assets
Cash And Cash Equivalents 131,296
Short-term Investments 28,854
Net Receivables 187
Total Current Assets  (as reported)192,530
Total Current Assets  (calculated)160,337
+/- 32,193
Long-term Assets
Property Plant Equipment 1,176,091
Intangible Assets 1,168,668
Other Assets 22,820
Long-term Assets  (as reported)2,367,579
Long-term Assets  (calculated)2,367,579
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities543,941
Long-term Liabilities289,550
Total Stockholder Equity1,715,513
Total Current Liabilities
Short Long Term Debt 305,760
Total Current Liabilities  (as reported)543,941
Total Current Liabilities  (calculated)305,760
+/- 238,181
Long-term Liabilities
Long term Debt Total 289,550
Long-term Liabilities  (as reported)289,550
Long-term Liabilities  (calculated)289,550
+/-0
Total Stockholder Equity
Common Stock475,267
Retained Earnings -960,422
Capital Surplus 1,679,187
Other Stockholders Equity 491,477
Total Stockholder Equity (as reported)1,715,513
Total Stockholder Equity (calculated)1,685,509
+/- 30,004
Other
Capital Stock475,267
Cash and Short Term Investments 160,150
Common Stock Shares Outstanding 9,505,344
Liabilities and Stockholders Equity 2,560,109
Net Debt 462,573
Net Invested Capital 2,309,382
Net Tangible Assets 546,845
Net Working Capital -351,411
Property Plant and Equipment Gross 1,618,619



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-31
> Total Assets 
360,523
455,654
276,714
102,530
51,452
167,684
167,554
881,806
490,817
692,179
958,439
4,048,378
4,015,268
4,233,272
4,199,837
2,656,320
2,337,043
2,349,479
2,411,573
2,417,204
2,757,368
2,851,578
2,560,109
2,560,1092,851,5782,757,3682,417,2042,411,5732,349,4792,337,0432,656,3204,199,8374,233,2724,015,2684,048,378958,439692,179490,817881,806167,554167,68451,452102,530276,714455,654360,523
   > Total Current Assets 
259,319
323,928
69,800
34,404
18,269
37,416
124,352
476,753
464,902
239,168
151,928
417,720
349,719
344,694
385,371
335,655
295,614
324,878
602,892
449,597
335,070
240,315
192,530
192,530240,315335,070449,597602,892324,878295,614335,655385,371344,694349,719417,720151,928239,168464,902476,753124,35237,41618,26934,40469,800323,928259,319
       Cash And Cash Equivalents 
22,526
39,793
21,927
7,729
10,535
29,572
44,742
370,513
269,662
11,476
4,674
378,011
316,354
317,452
370,735
204,278
203,719
171,926
68,084
226,798
167,985
167,280
131,296
131,296167,280167,985226,79868,084171,926203,719204,278370,735317,452316,354378,0114,67411,476269,662370,51344,74229,57210,5357,72921,92739,79322,526
       Short-term Investments 
0
0
0
0
0
0
0
37,022
29,481
49,405
29,677
5,487
2,372
2,493
1,171
68,442
58,862
74,540
61,476
31,064
36,269
37,654
28,854
28,85437,65436,26931,06461,47674,54058,86268,4421,1712,4932,3725,48729,67749,40529,48137,0220000000
       Net Receivables 
0
0
19,972
15,742
3,741
2,592
4,217
1,106
143,796
168,399
109,575
18,757
23,730
15,690
13,465
16,132
6,798
17,412
444,332
191,735
130,816
1,213
187
1871,213130,816191,735444,33217,4126,79816,13213,46515,69023,73018,757109,575168,399143,7961,1064,2172,5923,74115,74219,97200
       Inventory 
11,544
12,131
27,901
10,933
3,993
4,502
5,393
6,700
6,419
4,707
5,516
9,754
7,263
9,059
0
0
0
0
0
0
0
0
0
0000000009,0597,2639,7545,5164,7076,4196,7005,3934,5023,99310,93327,90112,13111,544
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,041,429
2,024,601
1,808,681
1,967,607
2,422,298
2,611,263
2,367,579
2,367,5792,611,2632,422,2981,967,6071,808,6812,024,6012,041,4290000000000000000
       Property Plant Equipment 
65,431
101,018
154,855
43,188
20,545
19,314
25,133
111,317
15,482
2,618
1,337
606,373
611,625
731,026
727,941
438,084
383,816
400,265
500,827
670,003
1,113,203
1,297,694
1,176,091
1,176,0911,297,6941,113,203670,003500,827400,265383,816438,084727,941731,026611,625606,3731,3372,61815,482111,31725,13319,31420,54543,188154,855101,01865,431
       Goodwill 
0
0
0
0
0
0
1,172
284,272
0
0
0
0
0
0
0
0
0
1,151
0
0
0
0
0
000001,151000000000284,2721,172000000
       Intangible Assets 
0
0
0
0
0
0
1,172
284,272
0
0
0
2,946,388
2,970,539
3,067,142
2,994,689
1,792,785
1,571,240
1,523,512
1,250,254
1,140,898
1,199,563
1,279,596
1,168,668
1,168,6681,279,5961,199,5631,140,8981,250,2541,523,5121,571,2401,792,7852,994,6893,067,1422,970,5392,946,388000284,2721,172000000
       Other Assets 
0
0
23,059
24,938
12,638
110,954
8,616
9,464
10,433
450,393
805,174
77,897
83,385
90,410
91,836
89,796
86,373
99,673
57,600
156,706
109,532
33,973
22,820
22,82033,973109,532156,70657,60099,67386,37389,79691,83690,41083,38577,897805,174450,39310,4339,4648,616110,95412,63824,93823,05900
> Total Liabilities 
93,285
127,776
244,768
91,360
86,281
79,188
89,783
162,989
69,341
52,686
52,028
604,235
578,521
725,328
654,718
559,467
531,380
648,239
776,914
896,696
1,145,999
1,085,078
844,596
844,5961,085,0781,145,999896,696776,914648,239531,380559,467654,718725,328578,521604,23552,02852,68669,341162,98989,78379,18886,28191,360244,768127,77693,285
   > Total Current Liabilities 
59,050
88,617
145,916
87,370
83,811
76,856
88,191
135,046
68,399
52,449
51,889
410,898
359,630
449,669
519,181
507,180
473,341
583,750
550,062
752,522
664,594
593,828
543,941
543,941593,828664,594752,522550,062583,750473,341507,180519,181449,669359,630410,89851,88952,44968,399135,04688,19176,85683,81187,370145,91688,61759,050
       Short-term Debt 
8,298
0
31,049
9,089
602
574
891
3,084
0
0
0
0
0
162,658
135,484
57,544
108,891
122,337
65,931
0
0
0
0
000065,931122,337108,89157,544135,484162,658000003,0848915746029,08931,04908,298
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
162,658
135,484
57,544
108,891
122,337
65,931
0
0
79,860
305,760
305,76079,8600065,931122,337108,89157,544135,484162,6580000000000000
       Accounts payable 
0
0
34,989
21,254
13,337
13,427
16,279
14,971
13,674
7,696
8,159
8,749
6,270
6,736
2,889
2,889
0
0
0
0
0
0
0
00000002,8892,8896,7366,2708,7498,1597,69613,67414,97116,27913,42713,33721,25434,98900
       Other Current Liabilities 
0
0
79,307
56,451
69,710
62,813
71,021
116,991
54,725
44,753
43,730
402,149
353,360
442,933
475,890
498,981
422,489
525,902
433,188
712,367
627,471
470,201
0
0470,201627,471712,367433,188525,902422,489498,981475,890442,933353,360402,14943,73044,75354,725116,99171,02162,81369,71056,45179,30700
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
58,039
64,489
226,852
144,174
481,405
478,766
289,550
289,550478,766481,405144,174226,85264,48958,0390000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
52,234
58,039
64,489
71,467
82,482
481,405
478,766
289,550
289,550478,766481,40582,48271,46764,48958,03952,234000000000000000
       Other Liabilities 
0
0
2,434
1,667
1,085
1,565
900
900
812
184
86
93,735
75,116
112,948
53
53
0
0
155,385
61,692
0
0
0
00061,692155,385005353112,94875,11693,735861848129009001,5651,0851,6672,43400
> Total Stockholder Equity
0
0
30,120
10,403
0
87,742
77,018
718,064
420,723
638,740
905,658
3,443,390
3,435,994
3,507,191
3,544,366
2,096,100
1,805,663
1,689,460
1,622,353
1,509,704
1,600,182
1,766,500
1,715,513
1,715,5131,766,5001,600,1821,509,7041,622,3531,689,4601,805,6632,096,1003,544,3663,507,1913,435,9943,443,390905,658638,740420,723718,06477,01887,742010,40330,12000
   Common Stock
0
0
6,300
6,300
6,300
127,560
127,695
151,195
151,195
181,434
217,684
396,056
396,056
396,056
475,267
475,267
475,267
475,267
475,267
475,267
475,267
475,267
475,267
475,267475,267475,267475,267475,267475,267475,267475,267475,267396,056396,056396,056217,684181,434151,195151,195127,695127,5606,3006,3006,30000
   Retained Earnings Total Equity00000000000000000000000
   Accumulated Other Comprehensive Income 000-359,852-353,754-327,859-266,682-3,546-3,031-2,883-2,118-2,036-3,016-11,671-20,64700000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,709,191
1,709,191
1,709,191
1,709,191
1,709,191
1,709,191
1,709,191
1,679,187
1,679,1871,709,1911,709,1911,709,1911,709,1911,709,1911,709,1911,709,191000000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
2,162,970
2,076,793
600,558
472,809
592,116
518,832
478,535
1,124,915
625,729
491,477
491,477625,7291,124,915478,535518,832592,116472,809600,5582,076,7932,162,9700000000000000



Balance Sheet

Currency in HKD. All numbers in thousands.




Cash Flow

Currency in HKD. All numbers in thousands.




Income Statement

Currency in HKD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue323,028
Cost of Revenue-49,133
Gross Profit273,895273,895
 
Operating Income (+$)
Gross Profit273,895
Operating Expense-176,130
Operating Income146,43597,765
 
Operating Expense (+$)
Research Development0
Selling General Administrative51,211
Selling And Marketing Expenses0
Operating Expense176,13051,211
 
Net Interest Income (+$)
Interest Income54,616
Interest Expense-7,016
Other Finance Cost-100,431
Net Interest Income-52,831
 
Pretax Income (+$)
Operating Income146,435
Net Interest Income-52,831
Other Non-Operating Income Expenses0
Income Before Tax (EBT)91,819146,435
EBIT - interestExpense = 134,862
92,121
90,281
Interest Expense7,016
Earnings Before Interest and Taxes (EBIT)141,87898,835
Earnings Before Interest and Taxes (EBITDA)221,183
 
After tax Income (+$)
Income Before Tax91,819
Tax Provision-8,856
Net Income From Continuing Ops82,96382,963
Net Income83,265
Net Income Applicable To Common Shares83,265
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses6,058
Total Other Income/Expenses Net052,831
 

Technical Analysis of China Energy Development 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 Energy Development Holdings Ltd. The general trend of China Energy Development Holdings Ltd is BULLISH 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 Energy Development 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 Energy Development Holdings Ltd.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.085 < 0.104 < 0.104.

The bearish price targets are: 0.084 > 0.084 > 0.084.

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China Energy Development 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 Energy Development Holdings Ltd. The current mas is .

The long score for the Moving Averages is 11/14.
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 higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

China Energy Development 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 Energy Development Holdings Ltd. The current macd is 0.00223834.

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 Energy Development Holdings Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for China Energy Development Holdings Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the China Energy Development Holdings Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
China Energy Development Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) ChartChina Energy Development 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 Energy Development Holdings Ltd. The current adx is 28.71.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy China Energy Development Holdings Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
China Energy Development 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 Energy Development Holdings Ltd. The current sar is 0.09962918.

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 Energy Development Holdings Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of China Energy Development Holdings Ltd. The current rsi is 45.32. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
China Energy Development Holdings Ltd Daily Relative Strength Index (RSI) ChartChina Energy Development 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 Energy Development Holdings Ltd. The current phase is Oversold in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the China Energy Development Holdings Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
China Energy Development Holdings Ltd Daily Stochastic Oscillator ChartChina Energy Development 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 Energy Development Holdings Ltd. The current cci is -108.03913228.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
China Energy Development Holdings Ltd Daily Commodity Channel Index (CCI) ChartChina Energy Development 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 Energy Development Holdings Ltd. The current cmo is -23.84880764.

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 Energy Development Holdings Ltd Daily Chande Momentum Oscillator (CMO) ChartChina Energy Development 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 Energy Development Holdings Ltd. The current willr is -95.45454545.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
China Energy Development Holdings Ltd Daily Williams %R ChartChina Energy Development Holdings Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

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

China Energy Development 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 Energy Development Holdings Ltd. The current atr is 0.00615491.

China Energy Development Holdings Ltd Daily Average True Range (ATR) ChartChina Energy Development Holdings Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of China Energy Development Holdings Ltd. The current obv is -15,370,061.

China Energy Development Holdings Ltd Daily On-Balance Volume (OBV) ChartChina Energy Development 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 Energy Development Holdings Ltd. The current mfi is 27.76.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
China Energy Development Holdings Ltd Daily Money Flow Index (MFI) ChartChina Energy Development Holdings Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for China Energy Development 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
2023-11-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-24MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-28MACD 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).
2023-11-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH 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).
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-24CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-02-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18RSI 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).
2024-03-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

China Energy Development Holdings Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.317
Ma 20Greater thanMa 500.091
Ma 50Greater thanMa 1000.079
Ma 100Greater thanMa 2000.083
OpenGreater thanClose0.089
Total3/5 (60.0%)
Penke

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