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DeTai New Energy Group Ltd
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I'm going to help you getting a better view of DeTai New Energy 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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Quick analysis of DeTai New Energy Group Ltd (30 sec.)










What can you expect buying and holding a share of DeTai New Energy 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$0.03
Expected worth in 1 year
HK$0.01
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
HK$-0.02
Return On Investment
-193.3%

For what price can you sell your share?

Current Price per Share
HK$0.01
Expected price per share
HK$0.01 - HK$0.011
How sure are you?
50%

1. Valuation of DeTai New Energy Group Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$0.01

Intrinsic Value Per Share

HK$-0.01 - HK$0.09

Total Value Per Share

HK$0.03 - HK$0.12

2. Growth of DeTai New Energy Group Ltd (5 min.)




Is DeTai New Energy Group Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$67.2m$77.9m-$10.6m-15.9%

How much money is DeTai New Energy Group Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$8.9m-$17.3m$8.4m94.5%
Net Profit Margin-224.1%-330.9%--

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

3. Financial Health of DeTai New Energy Group Ltd (5 min.)




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




  Industry Rankings (Lodging)  


Richest
#83 / 145

Most Revenue
#118 / 145

Most Profit
#131 / 145

Most Efficient
#141 / 145

What can you expect buying and holding a share of DeTai New Energy Group Ltd? (5 min.)

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

What can you expect buying and holding a share of DeTai New Energy Group Ltd?

First you should know what it really means to hold a share of DeTai New Energy Group Ltd. And how you can make/lose money.

Speculation

The Price per Share of DeTai New Energy Group Ltd is HK$0.011. 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 DeTai New Energy 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 DeTai New Energy 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$0.03. Based on the TTM, the Book Value Change Per Share is HK$-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is HK$-0.01 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 DeTai New Energy Group 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 Eps0.00-5.2%0.00-5.2%0.00-10.1%0.00-8.3%0.00-10.2%
Usd Book Value Change Per Share0.00-6.2%0.00-6.2%0.00-14.3%0.00-9.1%0.00-1.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-6.2%0.00-6.2%0.00-14.3%0.00-9.1%0.00-1.6%
Usd Price Per Share0.00-0.00-0.00-0.00-0.02-
Price to Earnings Ratio-2.47--2.47--2.43--6.72-55.01-
Price-to-Total Gains Ratio-2.07--2.07--1.70-14.66-100.29-
Price to Book Ratio0.33-0.33-0.54-0.51-2.23-
Price-to-Total Gains Ratio-2.07--2.07--1.70-14.66-100.29-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0014058
Number of shares711338
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 (711338 shares)-483.20-710.05
Gains per Year (711338 shares)-1,932.80-2,840.21
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-1933-19430-2840-2850
20-3866-38760-5680-5690
30-5798-58090-8521-8530
40-7731-77420-11361-11370
50-9664-96750-14201-14210
60-11597-116080-17041-17050
70-13530-135410-19881-19890
80-15462-154740-22722-22730
90-17395-174070-25562-25570
100-19328-193400-28402-28410

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%8.016.01.032.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%4.06.00.040.0%14.011.00.056.0%
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 Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%4.06.00.040.0%15.010.00.060.0%

Fundamentals of DeTai New Energy Group Ltd

About DeTai New Energy Group Ltd

DeTai New Energy Group Limited, an investment holding company, engages in the hotel hospitality business in Hong Kong, the People's Republic of China, and Japan. It operates in four segments: Hotel Hospitality Business; Money Lending Services; Liquor and Wine; and Investments in Listed Securities and Funds. The company operates One Niseko Resort Towers, a hotel located in the Niseko, Hokkaido. It is also involved in the provision of money lending services; trading and distribution of liquor and wine; and investment in listed securities and funds. The company was formerly known as Guocang Group Limited and changed its name to DeTai New Energy Group Limited in December 2015. DeTai New Energy Group Limited is headquartered in Central, Hong Kong.

Fundamental data was last updated by Penke on 2024-03-24 19:00:07.

Financial Health

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 very 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.

Valuation

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

1.1. Profitability of DeTai New Energy Group Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit DeTai New Energy Group Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare DeTai New Energy Group Ltd to the Lodging industry mean.
  • A Net Profit Margin of -224.1% means that $-2.24 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of DeTai New Energy Group Ltd:

  • The MRQ is -224.1%. The company is making a huge loss. -2
  • The TTM is -224.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-224.1%TTM-224.1%0.0%
TTM-224.1%YOY-330.9%+106.8%
TTM-224.1%5Y-256.5%+32.4%
5Y-256.5%10Y-486.3%+229.8%
Compared to industry (Lodging)
PeriodCompanyIndustry (mean)+/- 
MRQ-224.1%4.5%-228.6%
TTM-224.1%4.1%-228.2%
YOY-330.9%-5.4%-325.5%
5Y-256.5%-10.0%-246.5%
10Y-486.3%-2.1%-484.2%
1.1.2. Return on Assets

Shows how efficient DeTai New Energy Group Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare DeTai New Energy Group Ltd to the Lodging industry mean.
  • -11.3% Return on Assets means that DeTai New Energy Group Ltd generated $-0.11 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of DeTai New Energy Group Ltd:

  • The MRQ is -11.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -11.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-11.3%TTM-11.3%0.0%
TTM-11.3%YOY-18.9%+7.6%
TTM-11.3%5Y-12.3%+1.0%
5Y-12.3%10Y-13.5%+1.3%
Compared to industry (Lodging)
PeriodCompanyIndustry (mean)+/- 
MRQ-11.3%0.6%-11.9%
TTM-11.3%0.5%-11.8%
YOY-18.9%-0.3%-18.6%
5Y-12.3%-0.2%-12.1%
10Y-13.5%0.5%-14.0%
1.1.3. Return on Equity

Shows how efficient DeTai New Energy Group Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare DeTai New Energy Group Ltd to the Lodging industry mean.
  • -13.3% Return on Equity means DeTai New Energy Group Ltd generated $-0.13 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of DeTai New Energy Group Ltd:

  • The MRQ is -13.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -13.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-13.3%TTM-13.3%0.0%
TTM-13.3%YOY-22.3%+9.0%
TTM-13.3%5Y-14.9%+1.6%
5Y-14.9%10Y-17.3%+2.5%
Compared to industry (Lodging)
PeriodCompanyIndustry (mean)+/- 
MRQ-13.3%1.4%-14.7%
TTM-13.3%1.6%-14.9%
YOY-22.3%-0.6%-21.7%
5Y-14.9%-0.5%-14.4%
10Y-17.3%0.7%-18.0%

1.2. Operating Efficiency of DeTai New Energy Group Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient DeTai New Energy Group Ltd is operating .

  • Measures how much profit DeTai New Energy 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 DeTai New Energy Group Ltd to the Lodging industry mean.
  • An Operating Margin of -51.9% means the company generated $-0.52  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of DeTai New Energy Group Ltd:

  • The MRQ is -51.9%. The company is operating very inefficient. -2
  • The TTM is -51.9%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-51.9%TTM-51.9%0.0%
TTM-51.9%YOY-164.5%+112.6%
TTM-51.9%5Y-94.3%+42.4%
5Y-94.3%10Y-219.0%+124.8%
Compared to industry (Lodging)
PeriodCompanyIndustry (mean)+/- 
MRQ-51.9%12.5%-64.4%
TTM-51.9%7.9%-59.8%
YOY-164.5%-0.7%-163.8%
5Y-94.3%-5.2%-89.1%
10Y-219.0%1.3%-220.3%
1.2.2. Operating Ratio

Measures how efficient DeTai New Energy Group Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Lodging industry mean).
  • An Operation Ratio of 1.68 means that the operating costs are $1.68 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of DeTai New Energy Group Ltd:

  • The MRQ is 1.680. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.680. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.680TTM1.6800.000
TTM1.680YOY3.749-2.069
TTM1.6805Y2.529-0.849
5Y2.52910Y3.745-1.216
Compared to industry (Lodging)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6801.178+0.502
TTM1.6801.146+0.534
YOY3.7491.332+2.417
5Y2.5291.392+1.137
10Y3.7451.197+2.548

1.3. Liquidity of DeTai New Energy Group Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if DeTai New Energy Group Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Lodging industry mean).
  • A Current Ratio of 5.87 means the company has $5.87 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of DeTai New Energy Group Ltd:

  • The MRQ is 5.867. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.867. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.867TTM5.8670.000
TTM5.867YOY5.995-0.128
TTM5.8675Y5.612+0.256
5Y5.61210Y8.090-2.478
Compared to industry (Lodging)
PeriodCompanyIndustry (mean)+/- 
MRQ5.8671.042+4.825
TTM5.8671.022+4.845
YOY5.9951.227+4.768
5Y5.6121.273+4.339
10Y8.0901.191+6.899
1.3.2. Quick Ratio

Measures if DeTai New Energy 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 DeTai New Energy Group Ltd to the Lodging industry mean.
  • A Quick Ratio of 7.56 means the company can pay off $7.56 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of DeTai New Energy Group Ltd:

  • The MRQ is 7.558. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 7.558. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ7.558TTM7.5580.000
TTM7.558YOY10.207-2.649
TTM7.5585Y6.596+0.961
5Y6.59610Y7.994-1.398
Compared to industry (Lodging)
PeriodCompanyIndustry (mean)+/- 
MRQ7.5580.400+7.158
TTM7.5580.412+7.146
YOY10.2070.488+9.719
5Y6.5960.692+5.904
10Y7.9940.767+7.227

1.4. Solvency of DeTai New Energy Group Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of DeTai New Energy Group Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare DeTai New Energy Group Ltd to Lodging industry mean.
  • A Debt to Asset Ratio of 0.15 means that DeTai New Energy Group Ltd assets are financed with 15.2% credit (debt) and the remaining percentage (100% - 15.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of DeTai New Energy Group Ltd:

  • The MRQ is 0.152. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.152. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.152TTM0.1520.000
TTM0.152YOY0.152+0.000
TTM0.1525Y0.199-0.047
5Y0.19910Y0.231-0.032
Compared to industry (Lodging)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1520.489-0.337
TTM0.1520.508-0.356
YOY0.1520.514-0.362
5Y0.1990.480-0.281
10Y0.2310.470-0.239
1.4.2. Debt to Equity Ratio

Measures if DeTai New Energy Group Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare DeTai New Energy Group Ltd to the Lodging industry mean.
  • A Debt to Equity ratio of 17.9% means that company has $0.18 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of DeTai New Energy Group Ltd:

  • The MRQ is 0.179. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.179. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.179TTM0.1790.000
TTM0.179YOY0.179+0.000
TTM0.1795Y0.244-0.065
5Y0.24410Y0.315-0.071
Compared to industry (Lodging)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1790.877-0.698
TTM0.1790.919-0.740
YOY0.1790.922-0.743
5Y0.2440.903-0.659
10Y0.3150.944-0.629

2. Market Valuation of DeTai New Energy Group 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 DeTai New Energy Group Ltd generates.

  • Above 15 is considered overpriced but always compare DeTai New Energy Group Ltd to the Lodging industry mean.
  • A PE ratio of -2.47 means the investor is paying $-2.47 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of DeTai New Energy Group Ltd:

  • The EOD is -2.472. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.472. Based on the earnings, the company is expensive. -2
  • The TTM is -2.472. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.472MRQ-2.4720.000
MRQ-2.472TTM-2.4720.000
TTM-2.472YOY-2.426-0.046
TTM-2.4725Y-6.717+4.245
5Y-6.71710Y55.007-61.725
Compared to industry (Lodging)
PeriodCompanyIndustry (mean)+/- 
EOD-2.4727.871-10.343
MRQ-2.4728.193-10.665
TTM-2.4723.606-6.078
YOY-2.426-2.316-0.110
5Y-6.7174.363-11.080
10Y55.00716.936+38.071
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of DeTai New Energy Group Ltd:

  • The EOD is 80.415. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 80.415. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 80.415. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD80.415MRQ80.4150.000
MRQ80.415TTM80.4150.000
TTM80.415YOY2.941+77.474
TTM80.4155Y4.284+76.131
5Y4.28410Y23.805-19.521
Compared to industry (Lodging)
PeriodCompanyIndustry (mean)+/- 
EOD80.4156.952+73.463
MRQ80.4156.854+73.561
TTM80.4155.187+75.228
YOY2.9412.650+0.291
5Y4.2840.567+3.717
10Y23.8050.351+23.454
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of DeTai New Energy Group Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Lodging industry mean).
  • A PB ratio of 0.33 means the investor is paying $0.33 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of DeTai New Energy Group Ltd:

  • The EOD is 0.328. Based on the equity, the company is cheap. +2
  • The MRQ is 0.328. Based on the equity, the company is cheap. +2
  • The TTM is 0.328. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.328MRQ0.3280.000
MRQ0.328TTM0.3280.000
TTM0.328YOY0.541-0.213
TTM0.3285Y0.514-0.186
5Y0.51410Y2.235-1.721
Compared to industry (Lodging)
PeriodCompanyIndustry (mean)+/- 
EOD0.3281.117-0.789
MRQ0.3281.054-0.726
TTM0.3281.064-0.736
YOY0.5411.008-0.467
5Y0.5141.043-0.529
10Y2.2351.444+0.791
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of DeTai New Energy Group 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%-0.012+132%-0.008+47%-0.001-74%
Book Value Per Share--0.0340.0340%0.039-14%0.047-29%0.054-38%
Current Ratio--5.8675.8670%5.995-2%5.612+5%8.090-27%
Debt To Asset Ratio--0.1520.1520%0.152+0%0.199-24%0.231-34%
Debt To Equity Ratio--0.1790.1790%0.179+0%0.244-26%0.315-43%
Dividend Per Share----0%-0%-0%-0%
Eps---0.004-0.0040%-0.009+95%-0.007+60%-0.009+98%
Free Cash Flow Per Share--0.0000.0000%0.007-98%-0.001+710%-0.002+1644%
Free Cash Flow To Equity Per Share--0.0000.0000%0.003-114%-0.002+451%0.002-117%
Gross Profit Margin--1.0001.0000%1.0000%1.0050%1.0030%
Intrinsic Value_10Y_max--0.088--------
Intrinsic Value_10Y_min---0.009--------
Intrinsic Value_1Y_max--0.003--------
Intrinsic Value_1Y_min---0.002--------
Intrinsic Value_3Y_max--0.014--------
Intrinsic Value_3Y_min---0.005--------
Intrinsic Value_5Y_max--0.030--------
Intrinsic Value_5Y_min---0.007--------
Market Cap172650503.1680%172650852.000172650852.0000%329606172.000-48%386110087.200-55%2079654311.408-92%
Net Profit Margin---2.241-2.2410%-3.309+48%-2.565+14%-4.863+117%
Operating Margin---0.519-0.5190%-1.645+217%-0.943+82%-2.190+322%
Operating Ratio--1.6801.6800%3.749-55%2.529-34%3.745-55%
Pb Ratio0.3280%0.3280.3280%0.541-39%0.514-36%2.235-85%
Pe Ratio-2.4720%-2.472-2.4720%-2.426-2%-6.717+172%55.007-104%
Price Per Share0.0110%0.0110.0110%0.021-48%0.025-55%0.133-92%
Price To Free Cash Flow Ratio80.4150%80.41580.4150%2.941+2635%4.284+1777%23.805+238%
Price To Total Gains Ratio-2.0700%-2.070-2.0700%-1.705-18%14.658-114%100.288-102%
Quick Ratio--7.5587.5580%10.207-26%6.596+15%7.994-5%
Return On Assets---0.113-0.1130%-0.189+68%-0.123+9%-0.135+20%
Return On Equity---0.133-0.1330%-0.223+68%-0.149+12%-0.173+31%
Total Gains Per Share---0.005-0.0050%-0.012+132%-0.008+47%-0.001-74%
Usd Book Value--67241714.40067241714.4000%77903429.400-14%94495780.080-29%107864490.780-38%
Usd Book Value Change Per Share---0.001-0.0010%-0.002+132%-0.001+47%0.000-74%
Usd Book Value Per Share--0.0040.0040%0.005-14%0.006-29%0.007-38%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.001-0.0010%-0.001+95%-0.001+60%-0.001+98%
Usd Free Cash Flow--274386.600274386.6000%14325229.800-98%-1674077.760+710%-4235713.740+1644%
Usd Free Cash Flow Per Share--0.0000.0000%0.001-98%0.000+710%0.000+1644%
Usd Free Cash Flow To Equity Per Share--0.0000.0000%0.000-114%0.000+451%0.000-117%
Usd Market Cap22064734.3050%22064778.88622064778.8860%42123668.782-48%49344869.144-55%265779820.998-92%
Usd Price Per Share0.0010%0.0010.0010%0.003-48%0.003-55%0.017-92%
Usd Profit---8924401.800-8924401.8000%-17360096.400+95%-14301995.760+60%-17687571.120+98%
Usd Revenue--3982120.2003982120.2000%5246445.600-24%5319189.360-25%10449298.620-62%
Usd Total Gains Per Share---0.001-0.0010%-0.002+132%-0.001+47%0.000-74%
 EOD+0 -2MRQTTM+0 -0YOY+15 -185Y+23 -1110Y+16 -18

3.2. Fundamental Score

Let's check the fundamental score of DeTai New Energy Group Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.472
Price to Book Ratio (EOD)Between0-10.328
Net Profit Margin (MRQ)Greater than0-2.241
Operating Margin (MRQ)Greater than0-0.519
Quick Ratio (MRQ)Greater than17.558
Current Ratio (MRQ)Greater than15.867
Debt to Asset Ratio (MRQ)Less than10.152
Debt to Equity Ratio (MRQ)Less than10.179
Return on Equity (MRQ)Greater than0.15-0.133
Return on Assets (MRQ)Greater than0.05-0.113
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of DeTai New Energy Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.193
Ma 20Greater thanMa 500.011
Ma 50Greater thanMa 1000.011
Ma 100Greater thanMa 2000.011
OpenGreater thanClose0.010
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Net Interest Income  -467-212-679311-368-1,203-1,5712,6431,072



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in HKD. All numbers in thousands.

Summary
Total Assets620,591
Total Liabilities94,443
Total Stockholder Equity526,148
 As reported
Total Liabilities 94,443
Total Stockholder Equity+ 526,148
Total Assets = 620,591

Assets

Total Assets620,591
Total Current Assets332,313
Long-term Assets288,278
Total Current Assets
Cash And Cash Equivalents 56,281
Short-term Investments 185,542
Net Receivables 700
Inventory 3,846
Other Current Assets 866
Total Current Assets  (as reported)332,313
Total Current Assets  (calculated)247,235
+/- 85,078
Long-term Assets
Property Plant Equipment 270,459
Other Assets 15,900
Long-term Assets  (as reported)288,278
Long-term Assets  (calculated)286,359
+/- 1,919

Liabilities & Shareholders' Equity

Total Current Liabilities56,640
Long-term Liabilities37,803
Total Stockholder Equity526,148
Total Current Liabilities
Short-term Debt 46,184
Short Long Term Debt 46,184
Accounts payable 1,104
Other Current Liabilities 7,602
Total Current Liabilities  (as reported)56,640
Total Current Liabilities  (calculated)101,074
+/- 44,434
Long-term Liabilities
Other Liabilities 37,803
Long-term Liabilities  (as reported)37,803
Long-term Liabilities  (calculated)37,803
+/-0
Total Stockholder Equity
Common Stock784,776
Retained Earnings -1,348,244
Capital Surplus 1,217,887
Total Stockholder Equity (as reported)526,148
Total Stockholder Equity (calculated)654,419
+/- 128,271
Other
Capital Stock784,776
Cash and Short Term Investments 241,823
Common Stock Shares Outstanding 15,695,532
Liabilities and Stockholders Equity 620,591
Net Invested Capital 572,332
Net Tangible Assets 526,148
Net Working Capital 275,673
Property Plant and Equipment Gross 382,948



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-12-312004-06-302003-06-302002-12-312002-06-302001-06-30
> Total Assets 
207,539
244,281
180,469
1,131,161
1,269,206
624,703
684,376
1,134,209
1,327,063
1,546,321
578,234
771,442
777,714
680,875
1,556,642
1,127,559
1,537,372
1,013,500
1,304,868
1,409,707
1,271,949
1,061,954
1,000,454
718,848
620,591
620,591718,8481,000,4541,061,9541,271,9491,409,7071,304,8681,013,5001,537,3721,127,5591,556,642680,875777,714771,442578,2341,546,3211,327,0631,134,209684,376624,7031,269,2061,131,161180,469244,281207,539
   > Total Current Assets 
0
0
0
571,081
744,529
0
478,843
775,982
1,036,471
1,096,552
165,077
566,566
617,882
531,612
824,733
1,027,823
992,966
509,191
396,198
746,777
616,980
559,487
539,796
397,612
332,313
332,313397,612539,796559,487616,980746,777396,198509,191992,9661,027,823824,733531,612617,882566,566165,0771,096,5521,036,471775,982478,8430744,529571,081000
       Cash And Cash Equivalents 
14,692
18,187
6,912
108,830
143,630
115,855
62,048
120,236
157,135
147,397
89,000
454,624
307,678
288,212
328,249
406,578
179,585
63,846
92,919
421,680
302,424
354,041
16,574
66,174
56,281
56,28166,17416,574354,041302,424421,68092,91963,846179,585406,578328,249288,212307,678454,62489,000147,397157,135120,23662,048115,855143,630108,8306,91218,18714,692
       Short-term Investments 
3,544
0
0
0
54,000
17,227
31,801
6,063
1,651
26,268
0
3,629
100,071
134,045
112,263
85,489
215,519
204,526
80,000
30,000
20,000
10,000
325,884
301,650
185,542
185,542301,650325,88410,00020,00030,00080,000204,526215,51985,489112,263134,045100,0713,629026,2681,6516,06331,80117,22754,0000003,544
       Net Receivables 
58,839
79,545
33,817
0
15,679
156,359
223,073
385,149
357,362
468,363
54,533
86,644
181,551
82,644
308,132
182,830
300,412
86,326
111,495
187,250
140,599
133,543
452
7,497
700
7007,497452133,543140,599187,250111,49586,326300,412182,830308,13282,644181,55186,64454,533468,363357,362385,149223,073156,35915,679033,81779,54558,839
       Other Current Assets 
4,634
5,557
5,456
0
14,799
1,578
963
2,197
145,997
22,397
365
227
237
240
248
92,815
249,785
0
32,018
51,222
103,069
15,235
6,545
1,517
866
8661,5176,54515,235103,06951,22232,0180249,78592,81524824023722736522,397145,9972,1979631,57814,79905,4565,5574,634
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
504,309
908,670
662,930
654,969
502,467
460,658
321,236
288,278
288,278321,236460,658502,467654,969662,930908,670504,30900000000000000000
       Property Plant Equipment 
107,075
119,600
116,891
420,428
78,774
224,048
205,533
152,381
172,140
210,028
261,837
151,490
149,440
131,679
110,051
87,022
26,648
19,787
489,426
492,477
487,804
409,886
377,212
299,001
270,459
270,459299,001377,212409,886487,804492,477489,42619,78726,64887,022110,051131,679149,440151,490261,837210,028172,140152,381205,533224,04878,774420,428116,891119,600107,075
       Goodwill 
0
2,533
0
0
0
0
0
0
0
0
0
0
0
0
428,805
0
388,766
0
113,462
55,997
57,150
0
0
0
0
000057,15055,997113,4620388,7660428,8050000000000002,5330
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
262,671
103,728
107,356
110,015
0
0
0
0
0000110,015107,356103,728262,67100000000000000000
       Intangible Assets 
0
2,533
0
0
0
0
0
0
0
158,467
55,128
0
10,051
9,934
182,862
0
116,112
0
192,164
7,100
0
0
0
0
0
000007,100192,1640116,1120182,8629,93410,051055,128158,46700000002,5330
       Long-term Assets Other 
0
0
0
71,614
55,000
0
0
188,361
53,531
-37,902
32,051
0
0
0
0
0
0
0
0
662,930
654,969
0
0
0
0
0000654,969662,9300000000032,051-37,90253,531188,3610055,00071,614000
> Total Liabilities 
34,366
54,432
71,773
342,127
451,802
323,239
361,104
633,200
846,008
839,148
181,108
140,764
137,933
92,083
813,031
380,128
237,690
210,858
550,644
270,603
305,307
270,208
197,545
109,275
94,443
94,443109,275197,545270,208305,307270,603550,644210,858237,690380,128813,03192,083137,933140,764181,108839,148846,008633,200361,104323,239451,802342,12771,77354,43234,366
   > Total Current Liabilities 
26,100
45,550
68,078
330,779
437,906
315,612
351,984
618,045
830,260
785,005
153,954
140,038
137,191
91,359
766,597
309,912
32,169
100,000
294,006
61,123
104,418
86,169
142,279
66,326
56,640
56,64066,326142,27986,169104,41861,123294,006100,00032,169309,912766,59791,359137,191140,038153,954785,005830,260618,045351,984315,612437,906330,77968,07845,55026,100
       Short-term Debt 
0
0
0
210,855
291,568
0
289,850
447,279
602,498
599,278
96,940
86,238
83,855
88,013
44,100
165,278
179,704
73,521
121,889
10,706
10,766
20,659
0
54,550
46,184
46,18454,550020,65910,76610,706121,88973,521179,704165,27844,10088,01383,85586,23896,940599,278602,498447,279289,8500291,568210,855000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
234,804
179,704
73,521
121,889
10,706
10,766
20,659
128,549
54,550
46,184
46,18454,550128,54920,65910,76610,706121,88973,521179,704234,804000000000000000
       Accounts payable 
9,156
12,268
14,194
0
4,959
17,104
32,480
85,370
157,711
96,141
15,220
15,554
16,094
10,760
72,720
12,465
2,233
2,124
3,323
1,522
1,602
1,462
2,460
1,727
1,104
1,1041,7272,4601,4621,6021,5223,3232,1242,23312,46572,72010,76016,09415,55415,22096,141157,71185,37032,48017,1044,959014,19412,2689,156
       Other Current Liabilities 
13,626
15,163
26,586
0
17,024
30,489
29,314
85,185
70,947
46,181
41,794
38,246
37,242
18,404
649,777
132,169
29,936
16,711
162,934
46,795
89,750
59,260
9,052
7,951
7,602
7,6027,9519,05259,26089,75046,795162,93416,71129,936132,169649,77718,40437,24238,24641,79446,18170,94785,18529,31430,48917,024026,58615,16313,626
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
110,858
256,638
209,480
200,889
184,039
55,266
42,949
37,803
37,80342,94955,266184,039200,889209,480256,638110,85800000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
179,704
110,858
141,729
135,222
128,961
121,430
0
0
0
000121,430128,961135,222141,729110,858179,7040000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
-210,855
-291,568
0
-289,850
-447,279
-602,498
-599,278
-96,940
-86,238
-83,855
-88,013
-44,100
-165,278
-179,704
-73,521
-121,889
-10,706
-10,766
-16,533
318
-54,202
-46,184
-46,184-54,202318-16,533-10,766-10,706-121,889-73,521-179,704-165,278-44,100-88,013-83,855-86,238-96,940-599,278-602,498-447,279-289,8500-291,568-210,855000
> Total Stockholder Equity
172,235
188,313
108,696
0
132,191
301,464
323,272
501,009
481,055
704,437
397,126
630,678
639,781
588,792
743,498
747,318
1,259,794
803,262
755,631
1,138,434
1,041,763
837,923
802,909
609,573
526,148
526,148609,573802,909837,9231,041,7631,138,434755,631803,2621,259,794747,318743,498588,792639,781630,678397,126704,437481,055501,009323,272301,464132,1910108,696188,313172,235
   Common Stock
29,100
34,550
34,550
0
25,913
105,913
111,095
133,428
134,627
177,061
16,709
140,511
149,771
149,771
179,721
179,721
223,856
224,156
261,592
784,776
784,776
784,776
784,776
784,776
784,776
784,776784,776784,776784,776784,776784,776261,592224,156223,856179,721179,721149,771149,771140,51116,709177,061134,627133,428111,095105,91325,913034,55034,55029,100
   Retained Earnings 
51,463
35,945
0
0
0
66,195
60,594
229,393
192,973
204,911
0
-273,881
0
340,932
-448,404
-473,189
-440,677
-902,340
-1,046,612
-1,200,719
-1,325,460
-1,473,724
-1,424,271
-1,560,109
-1,348,244
-1,348,244-1,560,109-1,424,271-1,473,724-1,325,460-1,200,719-1,046,612-902,340-440,677-473,189-448,404340,9320-273,8810204,911192,973229,39360,59466,19500035,94551,463
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,091,005
1,093,146
1,217,442
1,217,887
1,217,887
1,217,887
1,217,887
1,217,887
1,217,887
1,217,8871,217,8871,217,8871,217,8871,217,8871,217,8871,217,4421,093,1461,091,0050000000000000000
   Treasury Stock0000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
72,319
-2,999
-44,170
-20,618
-4,442
23,628
-31,948
-116,415
-173,913
-258,628
-258,628-173,913-116,415-31,94823,628-4,442-20,618-44,170-2,99972,319000000000000000



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, 2023-06-30)

Gross Profit (+$)
totalRevenue31,159
Cost of Revenue-13,750
Gross Profit17,40917,409
 
Operating Income (+$)
Gross Profit17,409
Operating Expense-38,604
Operating Income-69,646-21,195
 
Operating Expense (+$)
Research Development0
Selling General Administrative33,839
Selling And Marketing Expenses0
Operating Expense38,60433,839
 
Net Interest Income (+$)
Interest Income2,773
Interest Expense-44,303
Other Finance Cost-42,602
Net Interest Income1,072
 
Pretax Income (+$)
Operating Income-69,646
Net Interest Income1,072
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-72,419-69,646
EBIT - interestExpense = -60,473
-72,419
-25,528
Interest Expense44,303
Earnings Before Interest and Taxes (EBIT)-16,170-28,116
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-72,419
Tax Provision--2,588
Net Income From Continuing Ops-69,831-69,831
Net Income-69,831
Net Income Applicable To Common Shares-69,831
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-1,072
 

Technical Analysis of DeTai New Energy 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 DeTai New Energy Group Ltd. The general trend of DeTai New Energy Group Ltd is BEARISH with 28.6% 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 DeTai New Energy 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 (-28.6%) Bearish trend (28.6%)
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 DeTai New Energy Group 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: 0.011 < 0.011 < 0.011.

The bearish price targets are: 0.01 > 0.01 > 0.01.

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DeTai New Energy Group 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 DeTai New Energy Group Ltd. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-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 lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

DeTai New Energy 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 DeTai New Energy Group Ltd. The current macd is 0.000012.

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 DeTai New Energy Group 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 DeTai New Energy Group 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 DeTai New Energy Group 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
DeTai New Energy Group Ltd Daily Moving Average Convergence/Divergence (MACD) ChartDeTai New Energy 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 DeTai New Energy Group Ltd. The current adx is 66.59.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell DeTai New Energy Group Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
DeTai New Energy 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 DeTai New Energy Group Ltd. The current sar is 0.01.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
DeTai New Energy Group 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 DeTai New Energy Group Ltd. The current rsi is 52.19. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
DeTai New Energy Group Ltd Daily Relative Strength Index (RSI) ChartDeTai New Energy 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 DeTai New Energy Group Ltd. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +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 DeTai New Energy Group Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
DeTai New Energy Group Ltd Daily Stochastic Oscillator ChartDeTai New Energy 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 DeTai New Energy Group Ltd. The current cci is -37.03703704.

DeTai New Energy Group Ltd Daily Commodity Channel Index (CCI) ChartDeTai New Energy 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 DeTai New Energy Group Ltd. The current cmo is 6.30664636.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
DeTai New Energy Group Ltd Daily Chande Momentum Oscillator (CMO) ChartDeTai New Energy 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 DeTai New Energy Group Ltd. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
DeTai New Energy Group Ltd Daily Williams %R ChartDeTai New Energy Group 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 DeTai New Energy Group Ltd.

DeTai New Energy 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 DeTai New Energy Group Ltd. The current atr is 0.00083201.

DeTai New Energy Group Ltd Daily Average True Range (ATR) ChartDeTai New Energy Group 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 DeTai New Energy Group Ltd. The current obv is 143,509,194.

DeTai New Energy Group Ltd Daily On-Balance Volume (OBV) ChartDeTai New Energy 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 DeTai New Energy Group Ltd. The current mfi is 0.

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

  • MFI < 50: -1
  • MFI < 20: -1
DeTai New Energy Group Ltd Daily Money Flow Index (MFI) ChartDeTai New Energy Group Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for DeTai New Energy 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
2023-11-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13STOCH 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-14MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19SAR 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-12MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29SAR 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06SAR 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-19MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-28MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

DeTai New Energy Group Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of DeTai New Energy Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.193
Ma 20Greater thanMa 500.011
Ma 50Greater thanMa 1000.011
Ma 100Greater thanMa 2000.011
OpenGreater thanClose0.010
Total3/5 (60.0%)
Penke

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