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0290 (China Fortune Financial Group Ltd) Stock Analysis
Buy, Hold or Sell?

Let's analyze China Fortune Financial Group Ltd together

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

  • 📊 Fundamental Analysis (FA) – China Fortune Financial Group Ltd’s Financial Insights
  • 📈 Technical Analysis (TA) – China Fortune Financial Group Ltd’s Price Targets

I'm going to help you getting a better view of China Fortune Financial Group 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 Financial Group Ltd (30 sec.)










1.2. What can you expect buying and holding a share of China Fortune Financial Group 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$0.11
Expected worth in 1 year
HK$0.37
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
HK$0.26
Return On Investment
21.6%

For what price can you sell your share?

Current Price per Share
HK$1.22
Expected price per share
HK$1.12 - HK$1.54
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of China Fortune Financial Group Ltd (5 min.)




Live pricePrice per Share (EOD)
HK$1.22
Intrinsic Value Per Share
HK$-0.28 - HK$0.04
Total Value Per Share
HK$-0.17 - HK$0.15

2.2. Growth of China Fortune Financial Group Ltd (5 min.)




Is China Fortune Financial Group Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$101.4m$38.2m$63.2m62.3%

How much money is China Fortune Financial Group Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$3.9m-$7.5m$3.6m91.8%
Net Profit Margin-57.7%-241.4%--

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

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




2.4. Comparing to competitors in the Financial Conglomerates industry (5 min.)




  Industry Rankings (Financial Conglomerates)  


Richest
#25 / 35

Most Revenue
#28 / 35

Most Profit
#25 / 35
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3. Summary and Key Metrics

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

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

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

Speculation

The Price per Share of China Fortune Financial Group Ltd is HK$1.22. 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 Financial Group 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 Financial Group 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$0.11. Based on the TTM, the Book Value Change Per Share is HK$0.07 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.01 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 Financial Group Ltd.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.000.0%0.000.0%0.00-0.1%0.00-0.1%0.00-0.1%0.00-0.1%
Usd Book Value Change Per Share0.010.7%0.010.7%0.000.1%0.000.2%0.00-0.1%0.000.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.010.7%0.010.7%0.000.1%0.000.2%0.00-0.1%0.000.1%
Usd Price Per Share0.06-0.06-0.03-0.04-0.03-0.03-
Price to Earnings Ratio-119.13--119.13--29.15--55.04--78.25--37.80-
Price-to-Total Gains Ratio7.45-7.45-35.29-8.43-756.46-378.38-
Price to Book Ratio4.64-4.64-5.79-5.27-5.23-3.72-
Price-to-Total Gains Ratio7.45-7.45-35.29-8.43-756.46-378.38-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.157258
Number of shares6358
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.00
Gains per Quarter (6358 shares)53.88-10.50
Gains per Year (6358 shares)215.53-42.01
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
102162060-42-52
204314220-84-94
306476380-126-136
408628540-168-178
50107810700-210-220
60129312860-252-262
70150915020-294-304
80172417180-336-346
90194019340-378-388
100215521500-420-430

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%0.05.00.00.0%1.09.00.010.0%5.020.00.020.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%7.03.00.070.0%17.08.00.068.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%2.00.023.08.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%7.03.00.070.0%17.08.00.068.0%
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3.2. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0660.0660%0.007+909%0.021+218%-0.013+119%0.006+927%
Book Value Per Share--0.1050.1050%0.040+165%0.059+77%0.053+99%0.073+44%
Current Ratio--2.9732.9730%0.631+371%1.399+113%1.406+111%1.048+184%
Debt To Asset Ratio--0.2800.2800%0.377-26%0.415-33%0.526-47%0.398-30%
Debt To Equity Ratio--0.3880.3880%0.605-36%0.811-52%1.397-72%1.188-67%
Dividend Per Share----0%-0%-0%-0%-0%
Enterprise Value--3812041262.7203812041262.7200%1719364429.440+122%2235177211.691+71%1896484442.509+101%1525258099.059+150%
Eps---0.004-0.0040%-0.008+92%-0.008+83%-0.007+66%-0.008+93%
Ev To Ebitda Ratio---146.471-146.4710%-34.507-76%-70.641-52%-28.851-80%37.242-493%
Ev To Sales Ratio--71.63571.6350%70.515+2%54.192+32%36.048+99%38.355+87%
Free Cash Flow Per Share---0.016-0.0160%0.002-781%-0.009-43%-0.003-79%-0.012-27%
Free Cash Flow To Equity Per Share--0.0500.0500%-0.001+102%0.005+952%0.003+1659%0.002+2113%
Gross Profit Margin--1.0001.0000%1.628-39%1.407-29%2.283-56%1.498-33%
Intrinsic Value_10Y_max--0.042----------
Intrinsic Value_10Y_min---0.276----------
Intrinsic Value_1Y_max---0.002----------
Intrinsic Value_1Y_min---0.016----------
Intrinsic Value_3Y_max--0.000----------
Intrinsic Value_3Y_min---0.058----------
Intrinsic Value_5Y_max--0.006----------
Intrinsic Value_5Y_min---0.111----------
Market Cap9099345756.160+60%3654655262.7203654655262.7200%1715450429.440+113%2235057878.357+64%2010806242.509+82%1576722699.059+132%
Net Profit Margin---0.577-0.5770%-2.414+319%-1.457+153%-0.974+69%-1.636+184%
Operating Margin---0.525-0.5250%-4.398+738%-1.917+265%-1.126+115%-0.940+79%
Operating Ratio--1.0981.0980%3.044-64%1.990-45%1.570-30%2.779-61%
Pb Ratio11.564+60%4.6454.6450%5.786-20%5.272-12%5.229-11%3.723+25%
Pe Ratio-296.599-149%-119.126-119.1260%-29.147-76%-55.035-54%-78.254-34%-37.798-68%
Price Per Share1.220+60%0.4900.4900%0.230+113%0.300+64%0.270+82%0.211+132%
Price To Free Cash Flow Ratio-77.443-149%-31.104-31.1040%99.418-131%18.386-269%-328.456+956%-170.499+448%
Price To Total Gains Ratio18.556+60%7.4537.4530%35.290-79%8.426-12%756.462-99%378.377-98%
Quick Ratio--2.5402.5400%1.696+50%1.743+46%1.549+64%1.481+71%
Return On Assets---0.028-0.0280%-0.124+340%-0.094+236%-0.072+155%-0.087+208%
Return On Equity---0.039-0.0390%-0.199+409%-0.186+377%-0.164+321%-0.254+552%
Total Gains Per Share--0.0660.0660%0.007+909%0.021+218%-0.013+119%0.006+927%
Usd Book Value--101424062.700101424062.7000%38214854.100+165%57195980.633+77%51018439.540+99%70605477.710+44%
Usd Book Value Change Per Share--0.0080.0080%0.001+909%0.003+218%-0.002+119%0.001+927%
Usd Book Value Per Share--0.0140.0140%0.005+165%0.008+77%0.007+99%0.009+44%
Usd Dividend Per Share----0%-0%-0%-0%-0%
Usd Enterprise Value--491372118.765491372118.7650%221626074.955+122%288114342.587+71%244456844.639+101%196605768.969+150%
Usd Eps---0.001-0.0010%-0.001+92%-0.001+83%-0.001+66%-0.001+93%
Usd Free Cash Flow---15145492.200-15145492.2000%2224169.500-781%-8667622.700-43%-3122782.960-79%-11060032.480-27%
Usd Free Cash Flow Per Share---0.002-0.0020%0.000-781%-0.001-43%0.000-79%-0.001-27%
Usd Free Cash Flow To Equity Per Share--0.0060.0060%0.000+102%0.001+952%0.000+1659%0.000+2113%
Usd Market Cap1172905667.969+60%471085063.365471085063.3650%221121560.355+113%288098960.520+64%259192924.659+82%203239555.909+132%
Usd Price Per Share0.157+60%0.0630.0630%0.030+113%0.039+64%0.035+82%0.027+132%
Usd Profit---3954523.100-3954523.1000%-7586409.500+92%-7254620.900+83%-6552038.560+66%-7629681.230+93%
Usd Revenue--6859413.5006859413.5000%3142968.700+118%5803937.333+18%12006751.420-43%8602992.240-20%
Usd Total Gains Per Share--0.0080.0080%0.001+909%0.003+218%-0.002+119%0.001+927%
 EOD+6 -2MRQTTM+0 -0YOY+31 -73Y+31 -75Y+29 -910Y+28 -10

3.3 Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-296.599
Price to Book Ratio (EOD)Between0-111.564
Net Profit Margin (MRQ)Greater than0-0.577
Operating Margin (MRQ)Greater than0-0.525
Quick Ratio (MRQ)Greater than12.540
Current Ratio (MRQ)Greater than12.973
Debt to Asset Ratio (MRQ)Less than10.280
Debt to Equity Ratio (MRQ)Less than10.388
Return on Equity (MRQ)Greater than0.15-0.039
Return on Assets (MRQ)Greater than0.05-0.028
Total4/10 (40.0%)

3.4 Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.350
Ma 20Greater thanMa 501.282
Ma 50Greater thanMa 1001.230
Ma 100Greater thanMa 2001.051
OpenGreater thanClose1.220
Total3/5 (60.0%)

4. In-depth Analysis

4.1 About China Fortune Financial Group Ltd

GoFintech Quantum Innovation Limited, an investment holding company, provides securities and insurance brokerage, equity investment, asset management, margin and corporate finance, and money lending services in Hong Kong and the People's Republic of China. It operates through Securities Brokerage and Margin Financing, Corporate Finance, Money Lending, Consultancy and Insurance Brokerage, Asset Management, and Equity Investment segments. The company offers securities dealing, brokerage, margin financing, securities placing and underwriting services; account opening, deposit and withdrawal; and internet trading services. It also provides IPO sponsor, fundraising, compliance advisory, and other investment banking services; and wealth management services. In addition, the company offers property mortgage, share pledge, corporate loan, and various types of lending services; asset management and advisory services for securities and futures contracts; and management of financial investments. Further, it provides medical, critical illness, and accident and disability protection; life protection, term life, and universal life plan; investment-linked assurance schemes; home, oversea student, pleasure craft, travel, domestic helper, mortgage fire, pet, motor, working holiday, contractors all risks, employee benefits, and business insurance; employee compensation; and mandatory provident fund schemes. The company serves investors; and corporate, institutional, and retail customers. The company was formerly known as GoFintech Innovation Limited and changed its name to GoFintech Quantum Innovation Limited in March 2025. GoFintech Quantum Innovation Limited was incorporated in 2001 and is headquartered in Central, Hong Kong.

Fundamental data was last updated by Penke on 2025-04-16 19:59:03.

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 able to pay all its short-term debts.
The company is very 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.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
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 Financial Group Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare China Fortune Financial Group Ltd to the Financial Conglomerates industry mean.
  • A Net Profit Margin of -57.7% means that $-0.58 for each $1 in revenue is generated as profit.

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

  • The MRQ is -57.7%. The company is making a huge loss. -2
  • The TTM is -57.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-57.7%TTM-57.7%0.0%
TTM-57.7%YOY-241.4%+183.7%
TTM-57.7%5Y-97.4%+39.7%
5Y-97.4%10Y-163.6%+66.2%
Compared to industry (Financial Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ-57.7%6.4%-64.1%
TTM-57.7%7.4%-65.1%
YOY-241.4%9.3%-250.7%
3Y-145.7%7.2%-152.9%
5Y-97.4%7.6%-105.0%
10Y-163.6%9.0%-172.6%
4.3.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare China Fortune Financial Group Ltd to the Financial Conglomerates industry mean.
  • -2.8% Return on Assets means that China Fortune Financial Group Ltd generated $-0.03 profit for each $1 in assets.

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

  • The MRQ is -2.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.8%TTM-2.8%0.0%
TTM-2.8%YOY-12.4%+9.6%
TTM-2.8%5Y-7.2%+4.4%
5Y-7.2%10Y-8.7%+1.5%
Compared to industry (Financial Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.8%0.2%-3.0%
TTM-2.8%0.1%-2.9%
YOY-12.4%0.3%-12.7%
3Y-9.4%0.2%-9.6%
5Y-7.2%0.4%-7.6%
10Y-8.7%0.6%-9.3%
4.3.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare China Fortune Financial Group Ltd to the Financial Conglomerates industry mean.
  • -3.9% Return on Equity means China Fortune Financial Group Ltd generated $-0.04 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -3.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.9%TTM-3.9%0.0%
TTM-3.9%YOY-19.9%+16.0%
TTM-3.9%5Y-16.4%+12.5%
5Y-16.4%10Y-25.4%+9.0%
Compared to industry (Financial Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.9%2.2%-6.1%
TTM-3.9%2.2%-6.1%
YOY-19.9%2.1%-22.0%
3Y-18.6%2.3%-20.9%
5Y-16.4%2.2%-18.6%
10Y-25.4%1.7%-27.1%
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4.3.2. Operating Efficiency of China Fortune Financial Group Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient China Fortune Financial Group Ltd is operating .

  • Measures how much profit China Fortune Financial Group 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 Financial Group Ltd to the Financial Conglomerates industry mean.
  • An Operating Margin of -52.5% means the company generated $-0.52  for each $1 in revenue (before taxes).

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

  • The MRQ is -52.5%. The company is operating very inefficient. -2
  • The TTM is -52.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-52.5%TTM-52.5%0.0%
TTM-52.5%YOY-439.8%+387.4%
TTM-52.5%5Y-112.6%+60.1%
5Y-112.6%10Y-94.0%-18.5%
Compared to industry (Financial Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ-52.5%7.7%-60.2%
TTM-52.5%6.0%-58.5%
YOY-439.8%6.5%-446.3%
3Y-191.7%5.7%-197.4%
5Y-112.6%7.0%-119.6%
10Y-94.0%14.9%-108.9%
4.3.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Financial Conglomerates industry mean).
  • An Operation Ratio of 1.10 means that the operating costs are $1.10 for each $1 in net sales.

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

  • The MRQ is 1.098. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.098. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.098TTM1.0980.000
TTM1.098YOY3.044-1.946
TTM1.0985Y1.570-0.472
5Y1.57010Y2.779-1.210
Compared to industry (Financial Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0981.000+0.098
TTM1.0980.972+0.126
YOY3.0440.990+2.054
3Y1.9901.010+0.980
5Y1.5700.999+0.571
10Y2.7791.010+1.769
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4.4.3. Liquidity of China Fortune Financial Group Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Financial Conglomerates industry mean).
  • A Current Ratio of 2.97 means the company has $2.97 in assets for each $1 in short-term debts.

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

  • The MRQ is 2.973. The company is able to pay all its short-term debts. +1
  • The TTM is 2.973. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.973TTM2.9730.000
TTM2.973YOY0.631+2.342
TTM2.9735Y1.406+1.567
5Y1.40610Y1.048+0.358
Compared to industry (Financial Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9731.595+1.378
TTM2.9731.599+1.374
YOY0.6312.333-1.702
3Y1.3992.562-1.163
5Y1.4062.130-0.724
10Y1.0481.995-0.947
4.4.3.2. Quick Ratio

Measures if China Fortune Financial Group 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 Financial Group Ltd to the Financial Conglomerates industry mean.
  • A Quick Ratio of 2.54 means the company can pay off $2.54 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 2.540. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.540. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.540TTM2.5400.000
TTM2.540YOY1.696+0.844
TTM2.5405Y1.549+0.991
5Y1.54910Y1.481+0.067
Compared to industry (Financial Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5401.025+1.515
TTM2.5401.628+0.912
YOY1.6962.365-0.669
3Y1.7432.635-0.892
5Y1.5493.228-1.679
10Y1.4813.276-1.795
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4.5.4. Solvency of China Fortune Financial Group Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare China Fortune Financial Group Ltd to Financial Conglomerates industry mean.
  • A Debt to Asset Ratio of 0.28 means that China Fortune Financial Group Ltd assets are financed with 28.0% credit (debt) and the remaining percentage (100% - 28.0%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.280. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.280. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.280TTM0.2800.000
TTM0.280YOY0.377-0.097
TTM0.2805Y0.526-0.246
5Y0.52610Y0.398+0.128
Compared to industry (Financial Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2800.791-0.511
TTM0.2800.788-0.508
YOY0.3770.751-0.374
3Y0.4150.735-0.320
5Y0.5260.743-0.217
10Y0.3980.684-0.286
4.5.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare China Fortune Financial Group Ltd to the Financial Conglomerates industry mean.
  • A Debt to Equity ratio of 38.8% means that company has $0.39 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.388. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.388. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.388TTM0.3880.000
TTM0.388YOY0.605-0.217
TTM0.3885Y1.397-1.009
5Y1.39710Y1.188+0.209
Compared to industry (Financial Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3882.367-1.979
TTM0.3882.714-2.326
YOY0.6053.014-2.409
3Y0.8112.342-1.531
5Y1.3972.850-1.453
10Y1.1882.604-1.416
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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 Financial Group Ltd generates.

  • Above 15 is considered overpriced but always compare China Fortune Financial Group Ltd to the Financial Conglomerates industry mean.
  • A PE ratio of -119.13 means the investor is paying $-119.13 for every $1 in earnings.

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

  • The EOD is -296.599. Based on the earnings, the company is expensive. -2
  • The MRQ is -119.126. Based on the earnings, the company is expensive. -2
  • The TTM is -119.126. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-296.599MRQ-119.126-177.473
MRQ-119.126TTM-119.1260.000
TTM-119.126YOY-29.147-89.979
TTM-119.1265Y-78.254-40.872
5Y-78.25410Y-37.798-40.455
Compared to industry (Financial Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD-296.5999.261-305.860
MRQ-119.1269.089-128.215
TTM-119.1268.252-127.378
YOY-29.1474.044-33.191
3Y-55.0357.267-62.302
5Y-78.25412.835-91.089
10Y-37.79815.554-53.352
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 Financial Group Ltd:

  • The EOD is -77.443. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -31.104. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -31.104. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-77.443MRQ-31.104-46.339
MRQ-31.104TTM-31.1040.000
TTM-31.104YOY99.418-130.522
TTM-31.1045Y-328.456+297.352
5Y-328.45610Y-170.499-157.957
Compared to industry (Financial Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD-77.4430.556-77.999
MRQ-31.1040.615-31.719
TTM-31.1041.252-32.356
YOY99.418-0.642+100.060
3Y18.386-0.700+19.086
5Y-328.456-1.443-327.013
10Y-170.499-0.888-169.611
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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 Financial Group Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Financial Conglomerates industry mean).
  • A PB ratio of 4.64 means the investor is paying $4.64 for each $1 in book value.

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

  • The EOD is 11.564. Based on the equity, the company is expensive. -2
  • The MRQ is 4.645. Based on the equity, the company is fair priced.
  • The TTM is 4.645. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD11.564MRQ4.645+6.920
MRQ4.645TTM4.6450.000
TTM4.645YOY5.786-1.142
TTM4.6455Y5.229-0.585
5Y5.22910Y3.723+1.506
Compared to industry (Financial Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD11.5640.818+10.746
MRQ4.6451.030+3.615
TTM4.6451.110+3.535
YOY5.7860.782+5.004
3Y5.2721.007+4.265
5Y5.2291.081+4.148
10Y3.7231.046+2.677
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2020-03-312021-03-312022-03-312023-03-312024-03-31
Other Current Liabilities  9,039-5,3373,7024,6618,363-3,0045,359-14,638-9,279
Net Interest Income  -55,14532,313-22,83211,399-11,4337,552-3,8819,0085,127



6.2. Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in HKD. All numbers in thousands.

Summary
Total Assets1,092,191
Total Liabilities305,348
Total Stockholder Equity786,843
 As reported
Total Liabilities 305,348
Total Stockholder Equity+ 786,843
Total Assets = 1,092,191

Assets

Total Assets1,092,191
Total Current Assets864,100
Long-term Assets228,091
Total Current Assets
Cash And Cash Equivalents 289,257
Short-term Investments 173,477
Net Receivables 101,988
Total Current Assets  (as reported)864,100
Total Current Assets  (calculated)564,722
+/- 299,378
Long-term Assets
Property Plant Equipment 14,630
Intangible Assets 6,610
Long-term Assets Other 206,851
Long-term Assets  (as reported)228,091
Long-term Assets  (calculated)228,091
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities290,652
Long-term Liabilities14,696
Total Stockholder Equity786,843
Total Current Liabilities
Short-term Debt 9,279
Short Long Term Debt 2,062
Accounts payable 276,025
Other Current Liabilities -9,279
Total Current Liabilities  (as reported)290,652
Total Current Liabilities  (calculated)278,087
+/- 12,565
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt12,634
Long-term Liabilities  (as reported)14,696
Long-term Liabilities  (calculated)12,634
+/- 2,062
Total Stockholder Equity
Common Stock632,625
Accumulated Other Comprehensive Income -1,234
Other Stockholders Equity 154,218
Total Stockholder Equity (as reported)786,843
Total Stockholder Equity (calculated)785,609
+/- 1,234
Other
Capital Stock632,625
Cash and Short Term Investments 462,734
Common Stock Shares Outstanding 3,381,332
Current Deferred Revenue14,627
Liabilities and Stockholders Equity 1,092,191
Net Debt -265,282
Net Invested Capital 788,905
Net Working Capital 573,448
Property Plant and Equipment Gross 31,253
Short Long Term Debt Total 23,975



6.3. Balance Sheets Structured

Currency in HKD. All numbers in thousands.

 Trend2024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-312004-03-312003-03-312002-03-312001-03-312000-03-31
> Total Assets 
252,108
128,759
155,180
235,342
283,818
244,723
92,750
63,151
79,820
242,706
685,112
794,622
632,979
494,531
567,489
477,943
458,135
988,835
1,353,930
1,485,500
1,166,730
955,444
604,610
475,761
1,092,191
1,092,191475,761604,610955,4441,166,7301,485,5001,353,930988,835458,135477,943567,489494,531632,979794,622685,112242,70679,82063,15192,750244,723283,818235,342155,180128,759252,108
   > Total Current Assets 
246,759
127,962
148,531
144,111
208,779
118,585
89,335
61,992
79,155
232,057
655,438
778,043
597,481
447,295
465,084
79,435
46,757
471,990
480,823
243,755
1,033,779
787,720
190,418
111,748
864,100
864,100111,748190,418787,7201,033,779243,755480,823471,99046,75779,435465,084447,295597,481778,043655,438232,05779,15561,99289,335118,585208,779144,111148,531127,962246,759
       Cash And Cash Equivalents 
7,093
14,060
91,872
43,490
37,083
11,296
16,045
7,284
28,726
82,349
146,461
157,399
107,484
43,535
87,011
79,435
46,757
471,990
480,823
243,755
315,132
263,850
190,418
111,748
289,257
289,257111,748190,418263,850315,132243,755480,823471,99046,75779,43587,01143,535107,484157,399146,46182,34928,7267,28416,04511,29637,08343,49091,87214,0607,093
       Short-term Investments 
0
53,051
0
32,951
28,012
32,007
42,478
40,950
38,784
42,849
67,789
103,698
75,232
22,842
22,464
20,944
19,723
109,298
60,302
134,522
222,173
101,230
5,391
71,458
173,477
173,47771,4585,391101,230222,173134,52260,302109,29819,72320,94422,46422,84275,232103,69867,78942,84938,78440,95042,47832,00728,01232,951053,0510
       Net Receivables 
167,271
45,717
44,375
41,146
87,367
62,190
21,803
10,921
11,645
91,522
365,583
509,695
301,329
311,722
228,088
136,613
147,503
181,289
347,704
211,755
375,808
58,994
118,362
45,750
101,988
101,98845,750118,36258,994375,808211,755347,704181,289147,503136,613228,088311,722301,329509,695365,58391,52211,64510,92121,80362,19087,36741,14644,37545,717167,271
       Inventory 
6,508
6,016
5,481
5,388
1,187
472
252
213
0
0
0
0
0
0
0
0
205,243
696,385
541,125
365,043
0
0
0
0
0
00000365,043541,125696,385205,243000000002132524721,1875,3885,4816,0166,508
       Other Current Assets 
65,887
62,169
6,803
21,136
55,130
12,620
8,757
2,624
11,645
106,859
441,188
7,735
414,765
380,918
355,609
4,894
-352,746
-877,674
-888,829
-576,798
120,666
273,342
-314,171
-228,956
-564,722
-564,722-228,956-314,171273,342120,666-576,798-888,829-877,674-352,7464,894355,609380,918414,7657,735441,188106,85911,6452,6248,75712,62055,13021,1366,80362,16965,887
   > Long-term Assets 
5,349
797
6,649
91,231
75,039
126,138
3,415
1,159
665
10,649
29,674
16,579
35,498
47,236
102,405
7,020
6,631
7,663
17,884
28,502
132,951
167,724
6,610
6,610
228,091
228,0916,6106,610167,724132,95128,50217,8847,6636,6317,020102,40547,23635,49816,57929,67410,6496651,1593,415126,13875,03991,2316,6497975,349
       Property Plant Equipment 
5,349
797
1,540
11,638
9,643
7,297
1,850
954
425
4,792
5,829
9,258
11,588
9,482
3,604
3,026
2,637
3,669
13,890
17,898
22,373
22,131
26,323
25,767
14,630
14,63025,76726,32322,13122,37317,89813,8903,6692,6373,0263,6049,48211,5889,2585,8294,7924259541,8507,2979,64311,6381,5407975,349
       Goodwill 
0
0
0
23,433
1,798
0
0
0
0
2,554
0
0
3,994
3,994
3,994
3,994
3,994
3,994
3,994
3,994
3,994
3,994
0
0
0
0003,9943,9943,9943,9943,9943,9943,9943,9943,9943,994002,55400001,79823,433000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
94,577
96,441
96,632
90,844
169,494
110,393
0
0
0
0
0
00000110,393169,49490,84496,63296,44194,57700000000000000
       Intangible Assets 
0
0
0
1,004
753
502
251
0
0
980
19,813
2,741
3,994
3,994
3,994
6,610
3,994
3,994
3,994
6,610
6,610
6,610
6,610
6,610
6,610
6,6106,6106,6106,6106,6106,6103,9943,9943,9946,6103,9943,9943,9942,74119,813980002515027531,004000
       Other Assets 
0
0
5,109
9,201
5,590
83,902
1,314
205
240
2,323
1,775
1,850
3,620
3,575
230
391,488
404,747
509,182
855,223
1,213,243
3,678
31,337
407,582
357,403
0
0357,403407,58231,3373,6781,213,243855,223509,182404,747391,4882303,5753,6201,8501,7752,3232402051,31483,9025,5909,2015,10900
> Total Liabilities 
205,788
48,102
49,396
51,536
64,171
55,624
52,694
36,288
58,784
108,005
532,282
481,869
272,357
195,541
258,197
98,493
117,689
451,022
377,858
220,735
843,216
631,136
356,751
179,292
305,348
305,348179,292356,751631,136843,216220,735377,858451,022117,68998,493258,197195,541272,357481,869532,282108,00558,78436,28852,69455,62464,17151,53649,39648,102205,788
   > Total Current Liabilities 
199,159
48,102
44,765
48,365
62,239
53,042
50,661
35,819
58,605
84,939
425,588
405,126
232,311
128,311
182,157
225,603
232,906
260,147
600,306
857,039
714,325
567,605
321,401
177,169
290,652
290,652177,169321,401567,605714,325857,039600,306260,147232,906225,603182,157128,311232,311405,126425,58884,93958,60535,81950,66153,04262,23948,36544,76548,102199,159
       Short-term Debt 
7,210
2,589
6,432
1,308
4,701
9,802
16,091
16,329
31,988
0
172,824
189,657
85,752
52,954
41,242
81,413
10,772
134,348
369,479
305,843
357,601
161,318
140,255
34,653
9,279
9,27934,653140,255161,318357,601305,843369,479134,34810,77281,41341,24252,95485,752189,657172,824031,98816,32916,0919,8024,7011,3086,4322,5897,210
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
117,282
81,413
10,772
3,944
369,479
305,843
357,601
261,877
133,465
29,185
2,062
2,06229,185133,465261,877357,601305,843369,4793,94410,77281,413117,28200000000000000
       Accounts payable 
35,199
11,189
34,686
44,512
54,907
40,073
33,294
17,813
24,511
83,139
146,101
151,627
43,467
74,637
136,075
143,470
221,414
255,483
211,804
530,820
333,679
293,910
172,364
137,157
276,025
276,025137,157172,364293,910333,679530,820211,804255,483221,414143,470136,07574,63743,467151,627146,10183,13924,51117,81333,29440,07354,90744,51234,68611,18935,199
       Other Current Liabilities 
91,635
20,655
3,598
2,080
2,080
2,940
890
1,419
1,848
1,800
103,157
61,161
102,335
720
4,120
720
720
-129,684
19,023
20,376
9,039
3,702
8,363
5,359
-9,279
-9,2795,3598,3633,7029,03920,37619,023-129,6847207204,120720102,33561,161103,1571,8001,8481,4198902,9402,0802,0803,59820,65591,635
   > Long-term Liabilities 
6,629
0
4,631
3,171
1,932
2,582
2,033
469
179
23,066
106,694
76,743
40,046
67,230
76,040
98,493
117,689
451,022
377,858
220,735
128,891
63,531
30,519
2,017
14,696
14,6962,01730,51963,531128,891220,735377,858451,022117,68998,49376,04067,23040,04676,743106,69423,0661794692,0332,5821,9323,1714,63106,629
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
98,493
117,689
451,022
377,858
220,735
128,891
63,531
35,350
2,123
0
02,12335,35063,531128,891220,735377,858451,022117,68998,493000000000000000
       Other Liabilities 
0
0
4,540
2,913
1,750
1,659
1,385
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000001,3851,6591,7502,9134,54000
> Total Stockholder Equity
45,694
80,657
105,784
183,322
219,400
139,937
40,056
26,863
21,036
104,920
152,665
312,608
359,902
298,986
309,653
154,628
108,665
277,666
375,766
407,726
323,514
324,308
247,859
296,469
786,843
786,843296,469247,859324,308323,514407,726375,766277,666108,665154,628309,653298,986359,902312,608152,665104,92021,03626,86340,056139,937219,400183,322105,78480,65745,694
   Common Stock
0
13,524
20,000
22,380
32,227
38,672
46,407
46,407
46,407
75,607
140,067
251,202
316,609
316,609
341,839
341,839
341,839
40,367
70,861
91,531
91,531
91,531
91,531
131,797
632,625
632,625131,79791,53191,53191,53191,53170,86140,367341,839341,839341,839316,609316,609251,202140,06775,60746,40746,40746,40738,67232,22722,38020,00013,5240
   Retained Earnings 
32,470
67,133
66,170
26,246
0
0
0
0
0
0
0
0
-417,534
-479,939
-495,193
-644,839
-675,900
-281,687
-347,137
-451,316
-470,307
-469,804
-543,952
-602,807
-633,486
-633,486-602,807-543,952-469,804-470,307-451,316-347,137-281,687-675,900-644,839-495,193-479,939-417,5340000000026,24666,17067,13332,470
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
431,725
0
415,717
569,676
689,003
689,003
689,003
689,003
762,579
0
0762,579689,003689,003689,003689,003569,676415,7170431,725000000000000000
   Treasury Stock0000000000000000000000000
   Other Stockholders Equity 
13,224
13,524
105,784
183,322
219,400
139,937
40,056
26,863
-18,203
34,686
12,598
67,842
468,538
474,840
480,900
431,725
431,725
515,220
636,497
689,003
13,287
13,578
689,003
762,579
154,218
154,218762,579689,00313,57813,287689,003636,497515,220431,725431,725480,900474,840468,53867,84212,59834,686-18,20326,86340,056139,937219,400183,322105,78413,52413,224



6.4. Balance Sheets

Currency in HKD. All numbers in thousands.




6.5. Cash Flows

Currency in HKD. All numbers in thousands.




6.6. Income Statements

Currency in HKD. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2024-03-31. Currency in HKD. All numbers in thousands.

Gross Profit (+$)
totalRevenue53,215
Cost of Revenue-22,607
Gross Profit30,60830,608
 
Operating Income (+$)
Gross Profit30,608
Operating Expense-35,808
Operating Income-27,914-5,200
 
Operating Expense (+$)
Research Development0
Selling General Administrative9,119
Selling And Marketing Expenses0
Operating Expense35,8089,119
 
Net Interest Income (+$)
Interest Income7,259
Interest Expense-1,999
Other Finance Cost-133
Net Interest Income5,127
 
Pretax Income (+$)
Operating Income-27,914
Net Interest Income5,127
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-28,151-27,677
EBIT - interestExpense = -29,913
-30,634
-28,680
Interest Expense1,999
Earnings Before Interest and Taxes (EBIT)-27,914-26,152
Earnings Before Interest and Taxes (EBITDA)-26,026
 
After tax Income (+$)
Income Before Tax-28,151
Tax Provision-45
Net Income From Continuing Ops-30,679-28,196
Net Income-30,679
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses83,523
Total Other Income/Expenses Net-237-5,127
 

Technical Analysis of China Fortune Financial Group 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 Financial Group Ltd. The general trend of China Fortune Financial Group 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 Fortune Financial Group 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. China Fortune Financial Group Ltd 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 Financial Group 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: 1.34 < 1.5 < 1.54.

The bearish price targets are: 1.12 > 1.12 > 1.12.

Know someone who trades $0290? Share this with them.👇

China Fortune Financial Group Ltd Daily Support & Resistance Chart
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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 Financial Group 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 down: The MA 20 is trending down. -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 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 higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

China Fortune Financial Group 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 Financial Group Ltd. The current macd is -0.00403458.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Financial Group 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 Financial Group 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 Financial Group 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 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 Fortune Financial Group Ltd Daily Moving Average Convergence/Divergence (MACD) ChartChina Fortune Financial Group 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 Financial Group Ltd. The current adx is 12.71.

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 Financial Group 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 Financial Group 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 Financial Group Ltd. The current sar is 1.35388769.

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 Financial Group 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 Financial Group Ltd. The current rsi is 46.35. 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 Fortune Financial Group Ltd Daily Relative Strength Index (RSI) ChartChina Fortune Financial Group 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 Financial Group Ltd. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is 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 Financial Group Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
China Fortune Financial Group Ltd Daily Stochastic Oscillator ChartChina Fortune Financial Group 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 Financial Group Ltd. The current cci is -44.56503864.

China Fortune Financial Group Ltd Daily Commodity Channel Index (CCI) ChartChina Fortune Financial Group 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 Financial Group Ltd. The current cmo is -13.72946109.

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 Financial Group Ltd Daily Chande Momentum Oscillator (CMO) ChartChina Fortune Financial Group 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 Financial Group Ltd. The current willr is -54.54545455.

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 Financial Group Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
China Fortune Financial Group Ltd Daily Williams %R ChartChina Fortune Financial Group 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 Financial Group Ltd.

China Fortune Financial Group 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 Financial Group Ltd. The current atr is 0.08702129.

China Fortune Financial Group Ltd Daily Average True Range (ATR) ChartChina Fortune Financial Group 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 Financial Group Ltd. The current obv is 334,116,448.

China Fortune Financial Group Ltd Daily On-Balance Volume (OBV) ChartChina Fortune Financial Group 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 Financial Group Ltd. The current mfi is 64.29.

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

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

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for China Fortune Financial Group 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
2024-11-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-12-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-12-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-12-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-12-16MACD 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
2024-12-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-12-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-12-23DMI 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
2024-12-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-12-27DMI 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.
2024-12-30WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-12-31MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-01-06STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-01-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-01-09STOCH 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).
2025-01-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2025-01-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2025-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-02-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal 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).
2025-02-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-10STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-02-18MACD 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-03-05DMI 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.
2025-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-10SAR 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-11RSI 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).
2025-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-17CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-03-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-04-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-04-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-15STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-17STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-25DMI 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.
2025-04-28STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.

6.3. Candlestick Patterns

China Fortune Financial Group Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.350
Ma 20Greater thanMa 501.282
Ma 50Greater thanMa 1001.230
Ma 100Greater thanMa 2001.051
OpenGreater thanClose1.220
Total3/5 (60.0%)
Penke
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