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

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

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

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Quick analysis of Shoucheng Holdings Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
HK$0.06
When do you have the money?
1 year
How often do you get paid?
60.0%

What is your share worth?

Current worth
HK$1.36
Expected worth in 1 year
HK$1.24
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
HK$0.36
Return On Investment
24.9%

For what price can you sell your share?

Current Price per Share
HK$1.46
Expected price per share
HK$1.34 - HK$1.6
How sure are you?
50%

1. Valuation of Shoucheng Holdings Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$1.46

Intrinsic Value Per Share

HK$-0.57 - HK$0.50

Total Value Per Share

HK$0.79 - HK$1.86

2. Growth of Shoucheng Holdings Ltd (5 min.)




Is Shoucheng Holdings Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$1.2b$1.2b-$27.2m-2.1%

How much money is Shoucheng Holdings Ltd making?

Current yearPrevious yearGrowGrow %
Making money$117.8m-$139.9m$257.8m218.8%
Net Profit Margin57.6%-91.7%--

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

3. Financial Health of Shoucheng Holdings Ltd (5 min.)




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




  Industry Rankings (Infrastructure Operations)  


Richest
#23 / 69

Most Revenue
#25 / 69

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

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

What can you expect buying and holding a share of Shoucheng Holdings Ltd?

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

Speculation

The Price per Share of Shoucheng Holdings Ltd is HK$1.46. 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 Shoucheng Holdings Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$1.36. Based on the TTM, the Book Value Change Per Share is HK$-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is HK$-0.24 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$0.12 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shoucheng Holdings Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.021.1%0.021.1%-0.02-1.3%0.000.3%-0.01-0.8%
Usd Book Value Change Per Share0.00-0.3%0.00-0.3%-0.03-2.1%0.010.6%0.000.2%
Usd Dividend Per Share0.021.1%0.021.1%0.010.8%0.011.0%0.010.6%
Usd Total Gains Per Share0.010.8%0.010.8%-0.02-1.3%0.021.6%0.010.8%
Usd Price Per Share0.24-0.24-0.20-0.16-0.10-
Price to Earnings Ratio15.06-15.06--10.34-7.91-6.27-
Price-to-Total Gains Ratio20.88-20.88--10.50-3.62-1.56-
Price to Book Ratio1.40-1.40-1.12-0.86-1.53-
Price-to-Total Gains Ratio20.88-20.88--10.50-3.62-1.56-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.186588
Number of shares5359
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.01
Usd Book Value Change Per Share0.000.01
Usd Total Gains Per Share0.010.02
Gains per Quarter (5359 shares)62.32128.61
Gains per Year (5359 shares)249.27514.44
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1329-80239313201504
2658-1604886264021018
3987-2407379406041532
41317-31998612538052046
51646-3991235156610062560
61975-4791484187912073074
72304-5591733219214093588
82633-6391982250616104102
92962-7192231281918114616
103291-7992480313220125130

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%5.05.00.050.0%14.010.00.058.3%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%5.05.00.050.0%15.09.00.062.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.04.060.0%14.00.010.058.3%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%16.08.00.066.7%

Fundamentals of Shoucheng Holdings Ltd

About Shoucheng Holdings Ltd

Shoucheng Holdings Limited, an investment holding company, engages in the management and operation of car parking assets. The company operates through Parking, and Infrastructure and Real Estate Fund Management segments. It also manages private, infrastructure, and real estate funds and investments; and provides equity investments. The company was formerly known as Shougang Concord International Enterprises Company Limited and changed its name to Shoucheng Holdings Limited in May 2020. Shoucheng Holdings Limited is based in Wanchai, Hong Kong.

Fundamental data was last updated by Penke on 2024-03-24 21:19:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is less efficient 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 underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Shoucheng Holdings Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Shoucheng Holdings Ltd to the Infrastructure Operations industry mean.
  • A Net Profit Margin of 57.6% 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 Shoucheng Holdings Ltd:

  • The MRQ is 57.6%. The company is making a huge profit. +2
  • The TTM is 57.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ57.6%TTM57.6%0.0%
TTM57.6%YOY-91.7%+149.3%
TTM57.6%5Y38.4%+19.2%
5Y38.4%10Y-3.1%+41.5%
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ57.6%13.8%+43.8%
TTM57.6%12.0%+45.6%
YOY-91.7%14.2%-105.9%
5Y38.4%11.9%+26.5%
10Y-3.1%14.1%-17.2%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Shoucheng Holdings Ltd to the Infrastructure Operations industry mean.
  • 6.8% Return on Assets means that Shoucheng Holdings Ltd generated $0.07 profit for each $1 in assets.

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

  • The MRQ is 6.8%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 6.8%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ6.8%TTM6.8%0.0%
TTM6.8%YOY-8.2%+14.9%
TTM6.8%5Y2.2%+4.6%
5Y2.2%10Y-4.3%+6.5%
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ6.8%1.0%+5.8%
TTM6.8%0.9%+5.9%
YOY-8.2%1.1%-9.3%
5Y2.2%1.1%+1.1%
10Y-4.3%1.1%-5.4%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Shoucheng Holdings Ltd to the Infrastructure Operations industry mean.
  • 9.3% Return on Equity means Shoucheng Holdings Ltd generated $0.09 for each $1 the owners (shareholders) invested.

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

  • The MRQ is 9.3%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.3%TTM9.3%0.0%
TTM9.3%YOY-10.8%+20.1%
TTM9.3%5Y2.5%+6.8%
5Y2.5%10Y-32.6%+35.1%
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ9.3%2.8%+6.5%
TTM9.3%2.7%+6.6%
YOY-10.8%2.7%-13.5%
5Y2.5%2.0%+0.5%
10Y-32.6%2.0%-34.6%

1.2. Operating Efficiency of Shoucheng Holdings Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shoucheng Holdings Ltd is operating .

  • Measures how much profit Shoucheng Holdings Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Shoucheng Holdings Ltd to the Infrastructure Operations industry mean.
  • An Operating Margin of 41.8% means the company generated $0.42  for each $1 in revenue (before taxes).

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

  • The MRQ is 41.8%. The company is operating very efficient. +2
  • The TTM is 41.8%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ41.8%TTM41.8%0.0%
TTM41.8%YOY12.3%+29.5%
TTM41.8%5Y28.4%+13.5%
5Y28.4%10Y9.8%+18.6%
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ41.8%14.2%+27.6%
TTM41.8%11.5%+30.3%
YOY12.3%26.6%-14.3%
5Y28.4%24.9%+3.5%
10Y9.8%16.0%-6.2%
1.2.2. Operating Ratio

Measures how efficient Shoucheng Holdings Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Infrastructure Operations industry mean).
  • An Operation Ratio of 0.90 means that the operating costs are $0.90 for each $1 in net sales.

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

  • The MRQ is 0.905. The company is less efficient in keeping operating costs low.
  • The TTM is 0.905. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.905TTM0.9050.000
TTM0.905YOY1.429-0.524
TTM0.9055Y1.533-0.628
5Y1.53310Y1.712-0.180
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9051.231-0.326
TTM0.9051.212-0.307
YOY1.4291.060+0.369
5Y1.5331.121+0.412
10Y1.7120.966+0.746

1.3. Liquidity of Shoucheng Holdings Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Infrastructure Operations industry mean).
  • A Current Ratio of 4.00 means the company has $4.00 in assets for each $1 in short-term debts.

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

  • The MRQ is 3.995. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.995. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.995TTM3.9950.000
TTM3.995YOY8.041-4.046
TTM3.9955Y8.077-4.081
5Y8.07710Y4.498+3.578
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ3.9951.095+2.900
TTM3.9951.099+2.896
YOY8.0411.177+6.864
5Y8.0771.280+6.797
10Y4.4981.058+3.440
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Shoucheng Holdings Ltd to the Infrastructure Operations industry mean.
  • A Quick Ratio of 6.12 means the company can pay off $6.12 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 6.118. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 6.118. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ6.118TTM6.1180.000
TTM6.118YOY5.907+0.211
TTM6.1185Y8.504-2.386
5Y8.50410Y4.670+3.833
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ6.1180.542+5.576
TTM6.1180.569+5.549
YOY5.9070.637+5.270
5Y8.5040.759+7.745
10Y4.6700.655+4.015

1.4. Solvency of Shoucheng Holdings Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Shoucheng Holdings Ltd to Infrastructure Operations industry mean.
  • A Debt to Asset Ratio of 0.27 means that Shoucheng Holdings Ltd assets are financed with 27.3% credit (debt) and the remaining percentage (100% - 27.3%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.273. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.273. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.273TTM0.2730.000
TTM0.273YOY0.242+0.031
TTM0.2735Y0.165+0.108
5Y0.16510Y0.373-0.208
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2730.585-0.312
TTM0.2730.582-0.309
YOY0.2420.532-0.290
5Y0.1650.509-0.344
10Y0.3730.514-0.141
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Shoucheng Holdings Ltd to the Infrastructure Operations industry mean.
  • A Debt to Equity ratio of 37.6% means that company has $0.38 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.376. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.376. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.376TTM0.3760.000
TTM0.376YOY0.320+0.056
TTM0.3765Y0.210+0.165
5Y0.21010Y2.489-2.278
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3761.207-0.831
TTM0.3761.263-0.887
YOY0.3201.117-0.797
5Y0.2101.067-0.857
10Y2.4891.358+1.131

2. Market Valuation of Shoucheng Holdings Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Shoucheng Holdings Ltd to the Infrastructure Operations industry mean.
  • A PE ratio of 15.06 means the investor is paying $15.06 for every $1 in earnings.

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

  • The EOD is 11.572. Based on the earnings, the company is underpriced. +1
  • The MRQ is 15.059. Based on the earnings, the company is fair priced.
  • The TTM is 15.059. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD11.572MRQ15.059-3.487
MRQ15.059TTM15.0590.000
TTM15.059YOY-10.341+25.400
TTM15.0595Y7.911+7.148
5Y7.91110Y6.269+1.642
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
EOD11.5728.271+3.301
MRQ15.0598.083+6.976
TTM15.0598.547+6.512
YOY-10.3419.090-19.431
5Y7.9117.675+0.236
10Y6.2699.496-3.227
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 209.619. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 272.792. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 272.792. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD209.619MRQ272.792-63.173
MRQ272.792TTM272.7920.000
TTM272.792YOY-14.417+287.209
TTM272.7925Y-35.555+308.346
5Y-35.55510Y-20.312-15.242
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
EOD209.6192.559+207.060
MRQ272.7922.988+269.804
TTM272.7923.571+269.221
YOY-14.4171.893-16.310
5Y-35.5550.553-36.108
10Y-20.3121.340-21.652
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Infrastructure Operations industry mean).
  • A PB ratio of 1.40 means the investor is paying $1.40 for each $1 in book value.

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

  • The EOD is 1.075. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.399. Based on the equity, the company is underpriced. +1
  • The TTM is 1.399. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.075MRQ1.399-0.324
MRQ1.399TTM1.3990.000
TTM1.399YOY1.117+0.282
TTM1.3995Y0.862+0.536
5Y0.86210Y1.535-0.672
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
EOD1.0750.891+0.184
MRQ1.3990.833+0.566
TTM1.3990.804+0.595
YOY1.1170.870+0.247
5Y0.8620.875-0.013
10Y1.5350.990+0.545
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.029-0.0290%-0.243+735%0.073-140%0.020-245%
Book Value Per Share--1.3591.3590%1.388-2%1.390-2%1.010+34%
Current Ratio--3.9953.9950%8.041-50%8.077-51%4.498-11%
Debt To Asset Ratio--0.2730.2730%0.242+13%0.165+66%0.373-27%
Debt To Equity Ratio--0.3760.3760%0.320+17%0.210+78%2.489-85%
Dividend Per Share--0.1200.1200%0.096+25%0.114+5%0.069+73%
Eps--0.1260.1260%-0.150+219%0.035+260%-0.091+172%
Free Cash Flow Per Share--0.0070.0070%-0.108+1644%-0.011+264%0.011-35%
Free Cash Flow To Equity Per Share---0.094-0.0940%-0.149+58%0.027-446%0.000-25314%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.017-2%
Intrinsic Value_10Y_max--0.504--------
Intrinsic Value_10Y_min---0.569--------
Intrinsic Value_1Y_max--0.019--------
Intrinsic Value_1Y_min---0.041--------
Intrinsic Value_3Y_max--0.082--------
Intrinsic Value_3Y_min---0.138--------
Intrinsic Value_5Y_max--0.173--------
Intrinsic Value_5Y_min---0.250--------
Market Cap10669183272.960-30%13884553574.40013884553574.4000%11326872652.800+23%9108267144.806+52%5698513093.325+144%
Net Profit Margin--0.5760.5760%-0.917+259%0.384+50%-0.031+105%
Operating Margin--0.4180.4180%0.123+239%0.284+47%0.098+329%
Operating Ratio--0.9050.9050%1.429-37%1.533-41%1.712-47%
Pb Ratio1.075-30%1.3991.3990%1.117+25%0.862+62%1.535-9%
Pe Ratio11.572-30%15.05915.0590%-10.341+169%7.911+90%6.269+140%
Price Per Share1.460-30%1.9001.9000%1.550+23%1.246+52%0.780+144%
Price To Free Cash Flow Ratio209.619-30%272.792272.7920%-14.417+105%-35.555+113%-20.312+107%
Price To Total Gains Ratio16.046-30%20.88120.8810%-10.500+150%3.621+477%1.561+1237%
Quick Ratio--6.1186.1180%5.907+4%8.504-28%4.670+31%
Return On Assets--0.0680.0680%-0.082+221%0.022+207%-0.043+164%
Return On Equity--0.0930.0930%-0.108+216%0.025+269%-0.326+451%
Total Gains Per Share--0.0910.0910%-0.148+262%0.188-52%0.090+2%
Usd Book Value--1268745874.2001268745874.2000%1295973408.600-2%1298591238.240-2%943636284.900+34%
Usd Book Value Change Per Share---0.004-0.0040%-0.031+735%0.009-140%0.003-245%
Usd Book Value Per Share--0.1740.1740%0.177-2%0.178-2%0.129+34%
Usd Dividend Per Share--0.0150.0150%0.012+25%0.015+5%0.009+73%
Usd Eps--0.0160.0160%-0.019+219%0.004+260%-0.012+172%
Usd Free Cash Flow--6504764.4006504764.4000%-100404025.200+1644%-10684616.760+264%9994100.580-35%
Usd Free Cash Flow Per Share--0.0010.0010%-0.014+1644%-0.001+264%0.001-35%
Usd Free Cash Flow To Equity Per Share---0.012-0.0120%-0.019+58%0.003-446%0.000-25314%
Usd Market Cap1363521622.284-30%1774445946.8081774445946.8080%1447574325.028+23%1164036541.106+52%728269973.327+144%
Usd Price Per Share0.187-30%0.2430.2430%0.198+23%0.159+52%0.100+144%
Usd Profit--117832878.000117832878.0000%-139982790.600+219%32752481.760+260%-85217040.000+172%
Usd Revenue--204455590.200204455590.2000%152724961.800+34%142447950.360+44%584302558.500-65%
Usd Total Gains Per Share--0.0120.0120%-0.019+262%0.024-52%0.011+2%
 EOD+4 -4MRQTTM+0 -0YOY+25 -105Y+18 -1710Y+23 -13

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.572
Price to Book Ratio (EOD)Between0-11.075
Net Profit Margin (MRQ)Greater than00.576
Operating Margin (MRQ)Greater than00.418
Quick Ratio (MRQ)Greater than16.118
Current Ratio (MRQ)Greater than13.995
Debt to Asset Ratio (MRQ)Less than10.273
Debt to Equity Ratio (MRQ)Less than10.376
Return on Equity (MRQ)Greater than0.150.093
Return on Assets (MRQ)Greater than0.050.068
Total8/10 (80.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.636
Ma 20Greater thanMa 501.473
Ma 50Greater thanMa 1001.458
Ma 100Greater thanMa 2001.438
OpenGreater thanClose1.480
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.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Operating Income  -3,640-25,138-28,778-47,800-76,578-969,650-1,046,2282,392,3431,346,115



Latest Balance Sheet

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

Summary
Total Assets13,656,191
Total Liabilities3,728,602
Total Stockholder Equity9,927,589
 As reported
Total Liabilities 3,728,602
Total Stockholder Equity+ 9,927,589
Total Assets = 13,656,191

Assets

Total Assets13,656,191
Total Current Assets5,876,841
Long-term Assets7,779,350
Total Current Assets
Cash And Cash Equivalents 1,796,883
Short-term Investments 3,423,061
Net Receivables 355,961
Total Current Assets  (as reported)5,876,841
Total Current Assets  (calculated)5,575,905
+/- 300,936
Long-term Assets
Property Plant Equipment 2,074,621
Goodwill 136,725
Intangible Assets 266,508
Other Assets 1,073,072
Long-term Assets  (as reported)7,779,350
Long-term Assets  (calculated)3,550,926
+/- 4,228,424

Liabilities & Shareholders' Equity

Total Current Liabilities1,470,940
Long-term Liabilities2,161,192
Total Stockholder Equity9,927,589
Total Current Liabilities
Short Long Term Debt 581,821
Accounts payable 353,950
Other Current Liabilities 333,529
Total Current Liabilities  (as reported)1,470,940
Total Current Liabilities  (calculated)1,269,300
+/- 201,640
Long-term Liabilities
Long term Debt Total 1,913,718
Other Liabilities 247,474
Long-term Liabilities  (as reported)2,161,192
Long-term Liabilities  (calculated)2,161,192
+/-0
Total Stockholder Equity
Common Stock12,546,847
Other Stockholders Equity -344,667
Total Stockholder Equity (as reported)9,927,589
Total Stockholder Equity (calculated)12,202,180
+/- 2,274,591
Other
Capital Stock12,546,847
Cash and Short Term Investments 5,219,944
Common Stock Shares Outstanding 7,275,935
Liabilities and Stockholders Equity 13,656,191
Net Invested Capital 10,974,982
Net Tangible Assets 9,600,028
Net Working Capital 4,405,901
Property Plant and Equipment Gross 2,102,553



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-31
> Total Assets 
3,880,819
3,712,224
3,190,866
1,854,787
1,983,090
2,720,379
7,448,001
11,259,460
16,563,541
21,027,900
24,246,730
29,628,590
32,885,632
29,386,120
28,568,892
25,887,668
21,262,373
5,847,436
8,186,309
9,430,385
10,997,024
14,125,632
13,382,242
13,656,191
13,656,19113,382,24214,125,63210,997,0249,430,3858,186,3095,847,43621,262,37325,887,66828,568,89229,386,12032,885,63229,628,59024,246,73021,027,90016,563,54111,259,4607,448,0012,720,3791,983,0901,854,7873,190,8663,712,2243,880,819
   > Total Current Assets 
1,224,713
1,113,858
970,207
629,511
709,188
1,149,919
1,858,393
3,354,734
6,978,027
9,862,740
5,764,568
9,195,486
11,028,524
8,669,940
8,164,946
7,166,922
5,728,780
969,940
2,503,634
3,366,187
3,809,545
4,814,457
8,106,276
5,876,841
5,876,8418,106,2764,814,4573,809,5453,366,1872,503,634969,9405,728,7807,166,9228,164,9468,669,94011,028,5249,195,4865,764,5689,862,7406,978,0273,354,7341,858,3931,149,919709,188629,511970,2071,113,8581,224,713
       Cash And Cash Equivalents 
196,883
229,620
191,147
158,097
153,305
468,046
558,317
1,728,222
3,256,837
4,033,571
1,653,096
1,984,182
1,846,927
1,563,345
1,266,262
872,250
519,474
537,488
1,389,628
3,034,026
3,057,215
3,738,533
2,573,462
1,796,883
1,796,8832,573,4623,738,5333,057,2153,034,0261,389,628537,488519,474872,2501,266,2621,563,3451,846,9271,984,1821,653,0964,033,5713,256,8371,728,222558,317468,046153,305158,097191,147229,620196,883
       Short-term Investments 
23,238
8,320
8,358
8,011
8,011
0
204,526
126,400
177,654
449,671
149,706
202,195
308,102
239,513
195,988
1,306,559
917,628
23,073
214,676
145,316
527,194
514,796
1,623,213
3,423,061
3,423,0611,623,213514,796527,194145,316214,67623,073917,6281,306,559195,988239,513308,102202,195149,706449,671177,654126,400204,52608,0118,0118,3588,32023,238
       Net Receivables 
0
622,164
473,803
285,141
325,641
400,614
511,964
562,986
1,813,534
3,171,207
2,116,189
3,095,170
3,935,528
2,685,414
2,078,673
2,055,697
2,051,427
406,704
832,164
132,586
195,314
190,674
135,144
355,961
355,961135,144190,674195,314132,586832,164406,7042,051,4272,055,6972,078,6732,685,4143,935,5283,095,1702,116,1893,171,2071,813,534562,986511,964400,614325,641285,141473,803622,1640
       Inventory 
219,631
246,834
286,485
178,262
222,231
281,259
541,778
847,013
1,299,129
1,886,251
1,619,661
3,491,190
4,068,485
3,258,761
3,120,297
2,408,300
1,531,574
0
0
0
0
0
0
0
00000001,531,5742,408,3003,120,2973,258,7614,068,4853,491,1901,619,6611,886,2511,299,129847,013541,778281,259222,231178,262286,485246,834219,631
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,877,496
5,682,675
6,064,198
7,187,479
9,311,175
5,275,966
7,779,350
7,779,3505,275,9669,311,1757,187,4796,064,1985,682,6754,877,49600000000000000000
       Property Plant Equipment 
2,054,691
1,646,901
1,348,351
947,486
885,871
815,105
4,761,720
6,911,247
7,818,140
9,078,400
10,251,792
12,275,707
12,364,433
11,780,214
11,440,070
10,494,421
9,255,016
2,246
4,850
8,066
1,104,686
1,792,918
2,240,431
2,074,621
2,074,6212,240,4311,792,9181,104,6868,0664,8502,2469,255,01610,494,42111,440,07011,780,21412,364,43312,275,70710,251,7929,078,4007,818,1406,911,2474,761,720815,105885,871947,4861,348,3511,646,9012,054,691
       Goodwill 
0
0
0
72,374
68,740
255,886
292,170
292,170
283,122
218,015
168,015
168,015
146,015
0
0
0
0
0
98,296
132,689
135,471
139,500
142,737
136,725
136,725142,737139,500135,471132,68998,29600000146,015168,015168,015218,015283,122292,170292,170255,88668,74072,374000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,975,904
7,234,976
5,410,143
4,655,243
5,275,974
5,507,957
0
0
0
0
00005,507,9575,275,9744,655,2435,410,1437,234,9767,975,90400000000000000
       Intangible Assets 
5,377
4,709
5,532
3,686
2,657
1,638
1,003
472
77
176,897
174,212
525,093
505,952
361,815
323,877
310,705
292,754
0
110,199
113,591
123,285
338,970
413,607
266,508
266,508413,607338,970123,285113,591110,1990292,754310,705323,877361,815505,952525,093174,212176,897774721,0031,6382,6573,6865,5324,7095,377
       Other Assets 
0
4,709
5,532
3,686
2,657
0
62,794
210,280
352,068
348,572
1,118,296
627,399
757,663
1,066,658
903,047
933,952
516,764
220,007
247,247
353,044
355,979
882,517
609,443
1,073,072
1,073,072609,443882,517355,979353,044247,247220,007516,764933,952903,0471,066,658757,663627,3991,118,296348,572352,068210,28062,79402,6573,6865,5324,7090
> Total Liabilities 
2,019,168
2,079,710
1,830,575
1,167,809
1,041,073
847,439
4,963,760
7,997,432
8,619,608
11,966,562
14,505,912
18,931,329
21,770,345
20,923,316
21,949,741
21,644,268
21,042,435
1,142,226
942,657
434,929
1,174,400
2,206,334
3,241,605
3,728,602
3,728,6023,241,6052,206,3341,174,400434,929942,6571,142,22621,042,43521,644,26821,949,74120,923,31621,770,34518,931,32914,505,91211,966,5628,619,6087,997,4324,963,760847,4391,041,0731,167,8091,830,5752,079,7102,019,168
   > Total Current Liabilities 
1,074,207
1,438,464
1,206,113
696,099
740,038
696,567
3,698,746
5,909,416
7,604,190
7,778,229
10,558,724
17,030,578
19,373,370
20,437,916
21,054,536
20,684,825
19,776,269
1,142,226
917,483
404,157
289,962
699,855
1,008,076
1,470,940
1,470,9401,008,076699,855289,962404,157917,4831,142,22619,776,26920,684,82521,054,53620,437,91619,373,37017,030,57810,558,7247,778,2297,604,1905,909,4163,698,746696,567740,038696,0991,206,1131,438,4641,074,207
       Short-term Debt 
281,166
739,652
288,659
154,035
440,186
301,825
1,996,475
3,021,425
3,194,900
4,069,978
6,803,667
9,814,207
10,833,656
11,156,148
9,632,971
8,085,862
6,999,751
616,783
0
103,143
5,710
6,100
0
0
006,1005,710103,1430616,7836,999,7518,085,8629,632,97111,156,14810,833,6569,814,2076,803,6674,069,9783,194,9003,021,4251,996,475301,825440,186154,035288,659739,652281,166
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,107,488
7,923,503
6,804,351
616,783
0
103,143
5,710
6,100
179,037
581,821
581,821179,0376,1005,710103,1430616,7836,804,3517,923,50311,107,48800000000000000
       Accounts payable 
0
112,222
96,710
58,439
43,757
65,508
521,010
523,834
954,829
1,894,872
1,437,548
4,800,288
6,319,445
7,177,219
9,356,308
11,101,592
11,191,067
284,305
569,191
61,379
22,324
204,622
389,337
353,950
353,950389,337204,62222,32461,379569,191284,30511,191,06711,101,5929,356,3087,177,2196,319,4454,800,2881,437,5481,894,872954,829523,834521,01065,50843,75758,43996,710112,2220
       Other Current Liabilities 
0
586,590
261,792
483,625
256,095
328,700
940,641
1,578,140
2,383,798
1,813,379
2,047,713
2,021,070
1,736,515
1,343,878
1,839,650
1,239,041
1,585,451
198,508
327,572
211,034
131,532
366,305
283,556
333,529
333,529283,556366,305131,532211,034327,572198,5081,585,4511,239,0411,839,6501,343,8781,736,5152,021,0702,047,7131,813,3792,383,7981,578,140940,641328,700256,095483,625261,792586,5900
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25,174
30,772
884,438
1,506,479
2,145,759
2,161,192
2,161,1922,145,7591,506,479884,43830,77225,174000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,236,848
0
0
0
848,368
1,488,416
2,085,963
1,913,718
1,913,7182,085,9631,488,416848,3680001,236,8480000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
149,268
0
0
0
0
0
0
39,131
34,299
29,318
0
25,174
30,772
36,070
18,063
59,796
247,474
247,47459,79618,06336,07030,77225,174029,31834,29939,131000000149,2680000000
> Total Stockholder Equity
0
795,589
698,562
362,198
521,985
1,676,673
2,226,334
2,943,594
6,814,731
7,563,838
8,581,236
9,567,094
10,148,381
8,093,220
6,801,786
4,825,802
1,336,312
4,705,210
7,024,789
8,966,257
9,684,305
11,772,290
10,140,637
9,927,589
9,927,58910,140,63711,772,2909,684,3058,966,2577,024,7894,705,2101,336,3124,825,8026,801,7868,093,22010,148,3819,567,0948,581,2367,563,8386,814,7312,943,5942,226,3341,676,673521,985362,198698,562795,5890
   Common Stock
0
379,171
459,109
459,109
529,109
927,450
986,811
1,172,811
1,400,639
1,435,076
1,635,076
1,635,076
1,790,661
1,790,661
1,791,579
5,345,183
5,345,183
5,345,183
7,349,545
8,830,429
10,125,972
12,127,547
12,546,847
12,546,847
12,546,84712,546,84712,127,54710,125,9728,830,4297,349,5455,345,1835,345,1835,345,1831,791,5791,790,6611,790,6611,635,0761,635,0761,435,0761,400,6391,172,811986,811927,450529,109459,109459,109379,1710
   Retained Earnings Total Equity000000000000000000000000
   Accumulated Other Comprehensive Income 000-12,292-9,289-7,223-206,441-8,180,665-7,635,993-6,907,513-5,687,817-4,561,377-3,570,3170-2,091,114000000000
   Capital Surplus 000000000000000000000000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,148,846
785,630
1,152,585
-392,420
-134,489
-647,217
-768,015
-527,527
-716,746
-344,667
-344,667-716,746-527,527-768,015-647,217-134,489-392,4201,152,585785,6301,148,84600000000000000



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, 2023-12-31)

Gross Profit (+$)
totalRevenue988,879
Cost of Revenue--
Gross Profit497,110988,879
 
Operating Income (+$)
Gross Profit497,110
Operating Expense--
Operating Income216,822497,110
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense-0
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-0
Net Interest Income-
 
Pretax Income (+$)
Operating Income216,822
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-216,822
EBIT - interestExpense = 0
585,072
585,072
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-0
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-
Tax Provision--
Net Income From Continuing Ops577,4090
Net Income585,072
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-0
 

Technical Analysis of Shoucheng Holdings Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Shoucheng Holdings Ltd. The general trend of Shoucheng Holdings Ltd is BEARISH with 14.3% 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 Shoucheng Holdings Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
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 Shoucheng Holdings Ltd.

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

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

The bullish price targets are: 1.54 < 1.54 < 1.6.

The bearish price targets are: 1.4 > 1.34 > 1.34.

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Shoucheng Holdings Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-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 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 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

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

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Shoucheng Holdings Ltd. The current macd is -0.00490149.

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

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


Score

Let's take a look at the Directional Movement Index (DMI) of Shoucheng Holdings Ltd. The current adx is 16.16.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Shoucheng Holdings Ltd shares, leading to potential downward 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.
Shoucheng Holdings Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Shoucheng Holdings Ltd. The current sar is 1.534852.

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
Shoucheng Holdings Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Shoucheng Holdings Ltd. The current rsi is 47.64. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Shoucheng Holdings Ltd Daily Relative Strength Index (RSI) ChartShoucheng Holdings Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Shoucheng Holdings Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-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 Shoucheng Holdings Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Shoucheng Holdings Ltd Daily Stochastic Oscillator ChartShoucheng Holdings Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Shoucheng Holdings Ltd. The current cci is -45.83333333.

Shoucheng Holdings Ltd Daily Commodity Channel Index (CCI) ChartShoucheng Holdings Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Shoucheng Holdings Ltd. The current cmo is -6.45951628.

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
Shoucheng Holdings Ltd Daily Chande Momentum Oscillator (CMO) ChartShoucheng Holdings Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Shoucheng Holdings Ltd. The current willr is -61.53846154.

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 Shoucheng Holdings Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Shoucheng Holdings Ltd Daily Williams %R ChartShoucheng Holdings Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

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

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

Score

Let's take a look at the Average True Range (ATR) of Shoucheng Holdings Ltd. The current atr is 0.04296201.

Shoucheng Holdings Ltd Daily Average True Range (ATR) ChartShoucheng Holdings Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Shoucheng Holdings Ltd. The current obv is 440,049,961.

Shoucheng Holdings Ltd Daily On-Balance Volume (OBV) ChartShoucheng Holdings Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Shoucheng Holdings Ltd. The current mfi is 76.81.

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
Shoucheng Holdings Ltd Daily Money Flow Index (MFI) ChartShoucheng Holdings Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Shoucheng Holdings Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-06MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-14DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-20STOCH 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
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-12DMI 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 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
2023-12-13DMI 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
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-14DMI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-27BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-06DMI 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
2024-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12DMI 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
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19MACD 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.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Shoucheng Holdings Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.636
Ma 20Greater thanMa 501.473
Ma 50Greater thanMa 1001.458
Ma 100Greater thanMa 2001.438
OpenGreater thanClose1.480
Total3/5 (60.0%)
Penke

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