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China Literature Ltd
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Let's analyse China Literature Ltd together

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

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

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

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Quick analysis of China Literature Ltd (30 sec.)










What can you expect buying and holding a share of China Literature 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$18.99
Expected worth in 1 year
HK$22.25
How sure are you?
77.8%

+ What do you gain per year?

Total Gains per Share
HK$3.26
Return On Investment
12.3%

For what price can you sell your share?

Current Price per Share
HK$26.40
Expected price per share
HK$20.40 - HK$31.35
How sure are you?
50%

1. Valuation of China Literature Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$26.40

Intrinsic Value Per Share

HK$11.36 - HK$21.33

Total Value Per Share

HK$30.35 - HK$40.32

2. Growth of China Literature Ltd (5 min.)




Is China Literature Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$2.4b$2.3b$106.5m4.3%

How much money is China Literature Ltd making?

Current yearPrevious yearGrowGrow %
Making money$84.1m$255.3m-$171.2m-203.6%
Net Profit Margin8.0%21.3%--

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

3. Financial Health of China Literature Ltd (5 min.)




4. Comparing to competitors in the Internet Content & Information industry (5 min.)




  Industry Rankings (Internet Content & Information)  


Richest
#25 / 145

Most Revenue
#18 / 145

Most Profit
#20 / 145

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

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

What can you expect buying and holding a share of China Literature Ltd?

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

Speculation

The Price per Share of China Literature Ltd is HK$26.40. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

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

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

Investing

If you really want to invest in China Literature 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$18.99. Based on the TTM, the Book Value Change Per Share is HK$0.81 per quarter. Based on the YOY, the Book Value Change Per Share is HK$2.21 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is HK$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of China Literature 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 Eps0.080.3%0.080.3%0.250.9%0.000.0%0.000.0%
Usd Book Value Change Per Share0.100.4%0.100.4%0.281.1%0.140.5%0.271.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.100.4%0.100.4%0.281.1%0.140.5%0.271.0%
Usd Price Per Share3.87-3.87-6.26-5.34-4.15-
Price to Earnings Ratio47.12-47.12-25.10-25.02-29.65-
Price-to-Total Gains Ratio37.20-37.20-22.19-16.58-15.58-
Price to Book Ratio1.60-1.60-2.70-2.31-1.98-
Price-to-Total Gains Ratio37.20-37.20-22.19-16.58-15.58-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.37392
Number of shares296
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.100.14
Usd Total Gains Per Share0.100.14
Gains per Quarter (296 shares)30.8142.36
Gains per Year (296 shares)123.26169.42
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101231130169159
202472360339328
303703590508497
404934820678666
506166050847835
60740728010171004
70863851011861173
80986974013551342
9011091097015251511
10012331220016941680

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%6.03.00.066.7%6.03.00.066.7%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%7.02.00.077.8%7.02.00.077.8%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.09.00.0%0.00.09.00.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%7.02.00.077.8%7.02.00.077.8%

Fundamentals of China Literature Ltd

About China Literature Ltd

China Literature Limited, an investment holding company, operates an online literature platform in the People's Republic of China. The company promotes intellectual properties primarily through its online literature platforms, such as QQ Reading and Qidian; and New Classics Media, a film and TV drama series production house. It is also involved in the self-operated channels business. In addition, the company collaborates with third-party partners for distribution and development of IP content, as well as offers online paid reading and content adaptations. Further, it provides reading, copyright commercialization, and writer cultivation and brokerage services; and operates text work reading and related open platform through technology methods and digital media, including personal computers, Internet, and mobile network. Additionally, the company engages in the production and distribution of television series, web series, and films; licensing and distribution of film and television properties; licensing copyrights; sale of physical books; and operation of in-house online games, etc. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China. China Literature Limited is a subsidiary of Tencent Holdings Limited.

Fundamental data was last updated by Penke on 2024-03-24 22:09:05.

Financial Health

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

1.1. Profitability of China Literature Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare China Literature Ltd to the Internet Content & Information industry mean.
  • A Net Profit Margin of 8.0% means that $0.08 for each $1 in revenue is generated as profit.

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

  • The MRQ is 8.0%. The company is making a profit. +1
  • The TTM is 8.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ8.0%TTM8.0%0.0%
TTM8.0%YOY21.3%-13.3%
TTM8.0%5Y1.6%+6.4%
5Y1.6%10Y-0.4%+1.9%
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ8.0%1.5%+6.5%
TTM8.0%0.3%+7.7%
YOY21.3%3.0%+18.3%
5Y1.6%-0.9%+2.5%
10Y-0.4%-2.6%+2.2%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare China Literature Ltd to the Internet Content & Information industry mean.
  • 2.7% Return on Assets means that China Literature Ltd generated $0.03 profit for each $1 in assets.

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

  • The MRQ is 2.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.7%TTM2.7%0.0%
TTM2.7%YOY7.9%-5.3%
TTM2.7%5Y-0.6%+3.3%
5Y-0.6%10Y-0.5%-0.1%
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7%0.5%+2.2%
TTM2.7%-0.1%+2.8%
YOY7.9%0.5%+7.4%
5Y-0.6%0.2%-0.8%
10Y-0.5%-0.3%-0.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare China Literature Ltd to the Internet Content & Information industry mean.
  • 3.4% Return on Equity means China Literature Ltd generated $0.03 for each $1 the owners (shareholders) invested.

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

  • The MRQ is 3.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.4%TTM3.4%0.0%
TTM3.4%YOY10.7%-7.4%
TTM3.4%5Y-1.0%+4.4%
5Y-1.0%10Y-0.9%-0.1%
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4%1.0%+2.4%
TTM3.4%0.7%+2.7%
YOY10.7%1.1%+9.6%
5Y-1.0%0.8%-1.8%
10Y-0.9%0.7%-1.6%

1.2. Operating Efficiency of China Literature Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient China Literature Ltd is operating .

  • Measures how much profit China Literature Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare China Literature Ltd to the Internet Content & Information industry mean.
  • An Operating Margin of 11.7% means the company generated $0.12  for each $1 in revenue (before taxes).

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

  • The MRQ is 11.7%. The company is operating less efficient.
  • The TTM is 11.7%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ11.7%TTM11.7%0.0%
TTM11.7%YOY8.2%+3.5%
TTM11.7%5Y-2.6%+14.3%
5Y-2.6%10Y-2.3%-0.4%
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ11.7%2.4%+9.3%
TTM11.7%1.6%+10.1%
YOY8.2%1.6%+6.6%
5Y-2.6%0.7%-3.3%
10Y-2.3%-0.2%-2.1%
1.2.2. Operating Ratio

Measures how efficient China Literature Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Internet Content & Information industry mean).
  • An Operation Ratio of 1.34 means that the operating costs are $1.34 for each $1 in net sales.

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

  • The MRQ is 1.342. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.342. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.342TTM1.3420.000
TTM1.342YOY1.390-0.049
TTM1.3425Y1.394-0.052
5Y1.39410Y1.487-0.093
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3421.100+0.242
TTM1.3421.115+0.227
YOY1.3901.138+0.252
5Y1.3941.141+0.253
10Y1.4871.099+0.388

1.3. Liquidity of China Literature Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Internet Content & Information industry mean).
  • A Current Ratio of 3.13 means the company has $3.13 in assets for each $1 in short-term debts.

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

  • The MRQ is 3.132. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.132. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.132TTM3.1320.000
TTM3.132YOY2.822+0.310
TTM3.1325Y2.581+0.550
5Y2.58110Y2.375+0.206
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ3.1322.001+1.131
TTM3.1321.933+1.199
YOY2.8222.079+0.743
5Y2.5812.328+0.253
10Y2.3752.285+0.090
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare China Literature Ltd to the Internet Content & Information industry mean.
  • A Quick Ratio of 2.94 means the company can pay off $2.94 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 2.944. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.944. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.944TTM2.9440.000
TTM2.944YOY2.800+0.144
TTM2.9445Y2.462+0.482
5Y2.46210Y2.204+0.259
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9441.579+1.365
TTM2.9441.633+1.311
YOY2.8001.796+1.004
5Y2.4621.819+0.643
10Y2.2041.738+0.466

1.4. Solvency of China Literature Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare China Literature Ltd to Internet Content & Information industry mean.
  • A Debt to Asset Ratio of 0.21 means that China Literature Ltd assets are financed with 21.0% credit (debt) and the remaining percentage (100% - 21.0%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.210. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.210. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.210TTM0.2100.000
TTM0.210YOY0.262-0.052
TTM0.2105Y0.273-0.062
5Y0.27310Y0.263+0.010
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2100.381-0.171
TTM0.2100.374-0.164
YOY0.2620.370-0.108
5Y0.2730.405-0.132
10Y0.2630.421-0.158
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare China Literature Ltd to the Internet Content & Information industry mean.
  • A Debt to Equity ratio of 26.6% means that company has $0.27 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.266. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.266. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.266TTM0.2660.000
TTM0.266YOY0.356-0.090
TTM0.2665Y0.380-0.114
5Y0.38010Y0.364+0.015
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2660.534-0.268
TTM0.2660.516-0.250
YOY0.3560.528-0.172
5Y0.3800.638-0.258
10Y0.3640.677-0.313

2. Market Valuation of China Literature Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare China Literature Ltd to the Internet Content & Information industry mean.
  • A PE ratio of 47.12 means the investor is paying $47.12 for every $1 in earnings.

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

  • The EOD is 41.053. Based on the earnings, the company is overpriced. -1
  • The MRQ is 47.117. Based on the earnings, the company is overpriced. -1
  • The TTM is 47.117. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD41.053MRQ47.117-6.065
MRQ47.117TTM47.1170.000
TTM47.117YOY25.095+22.022
TTM47.1175Y25.025+22.093
5Y25.02510Y29.652-4.627
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
EOD41.0533.831+37.222
MRQ47.1174.028+43.089
TTM47.1175.873+41.244
YOY25.0950.630+24.465
5Y25.02510.868+14.157
10Y29.6528.703+20.949
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 19.924. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 22.867. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 22.867. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD19.924MRQ22.867-2.943
MRQ22.867TTM22.8670.000
TTM22.867YOY41.433-18.566
TTM22.8675Y43.437-20.569
5Y43.43710Y35.773+7.664
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
EOD19.9248.246+11.678
MRQ22.8678.315+14.552
TTM22.8676.903+15.964
YOY41.4335.620+35.813
5Y43.4375.888+37.549
10Y35.7736.221+29.552
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Internet Content & Information industry mean).
  • A PB ratio of 1.60 means the investor is paying $1.60 for each $1 in book value.

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

  • The EOD is 1.390. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.596. Based on the equity, the company is underpriced. +1
  • The TTM is 1.596. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.390MRQ1.596-0.205
MRQ1.596TTM1.5960.000
TTM1.596YOY2.696-1.101
TTM1.5965Y2.310-0.714
5Y2.31010Y1.975+0.335
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
EOD1.3901.747-0.357
MRQ1.5961.704-0.108
TTM1.5961.775-0.179
YOY2.6962.308+0.388
5Y2.3103.205-0.895
10Y1.9753.633-1.658
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of China Literature 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--0.8150.8150%2.208-63%1.120-27%2.110-61%
Book Value Per Share--18.98818.9880%18.173+4%18.624+2%13.518+40%
Current Ratio--3.1323.1320%2.822+11%2.581+21%2.375+32%
Debt To Asset Ratio--0.2100.2100%0.262-20%0.273-23%0.263-20%
Debt To Equity Ratio--0.2660.2660%0.356-25%0.380-30%0.364-27%
Dividend Per Share----0%-0%-0%-0%
Eps--0.6430.6430%1.953-67%-0.005+101%0.024+2615%
Free Cash Flow Per Share--1.3251.3250%1.183+12%1.011+31%0.668+98%
Free Cash Flow To Equity Per Share--0.1140.1140%0.813-86%0.230-50%1.592-93%
Gross Profit Margin--1.0001.0000%1.0000%0.449+123%-0.881+188%
Intrinsic Value_10Y_max--21.329--------
Intrinsic Value_10Y_min--11.358--------
Intrinsic Value_1Y_max--1.427--------
Intrinsic Value_1Y_min--1.054--------
Intrinsic Value_3Y_max--4.828--------
Intrinsic Value_3Y_min--3.258--------
Intrinsic Value_5Y_max--8.882--------
Intrinsic Value_5Y_min--5.546--------
Market Cap27017496422.400-15%31008717484.80031008717484.8000%50146110784.000-38%42767468768.640-27%33237433519.644-7%
Net Profit Margin--0.0800.0800%0.213-63%0.016+405%-0.004+105%
Operating Margin--0.1170.1170%0.082+42%-0.026+123%-0.023+119%
Operating Ratio--1.3421.3420%1.390-4%1.394-4%1.487-10%
Pb Ratio1.390-15%1.5961.5960%2.696-41%2.310-31%1.975-19%
Pe Ratio41.053-15%47.11747.1170%25.095+88%25.025+88%29.652+59%
Price Per Share26.400-15%30.30030.3000%49.000-38%41.790-27%32.478-7%
Price To Free Cash Flow Ratio19.924-15%22.86722.8670%41.433-45%43.437-47%35.773-36%
Price To Total Gains Ratio32.410-15%37.19837.1980%22.189+68%16.575+124%15.575+139%
Quick Ratio--2.9442.9440%2.800+5%2.462+20%2.204+34%
Return On Assets--0.0270.0270%0.079-66%-0.006+122%-0.005+119%
Return On Equity--0.0340.0340%0.107-68%-0.010+129%-0.009+127%
Total Gains Per Share--0.8150.8150%2.208-63%1.120-27%2.110-61%
Usd Book Value--2483363010.4842483363010.4840%2376827124.581+4%2435845250.864+2%1768073948.043+40%
Usd Book Value Change Per Share--0.1040.1040%0.282-63%0.143-27%0.270-61%
Usd Book Value Per Share--2.4272.4270%2.323+4%2.380+2%1.728+40%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0820.0820%0.250-67%-0.001+101%0.003+2615%
Usd Free Cash Flow--173299298.196173299298.1960%154675601.674+12%132272070.163+31%87328918.220+98%
Usd Free Cash Flow Per Share--0.1690.1690%0.151+12%0.129+31%0.085+98%
Usd Free Cash Flow To Equity Per Share--0.0150.0150%0.104-86%0.029-50%0.203-93%
Usd Market Cap3452836042.783-15%3962914094.5573962914094.5570%6408672958.195-38%5465682508.632-27%4247744003.811-7%
Usd Price Per Share3.374-15%3.8723.8720%6.262-38%5.341-27%4.151-7%
Usd Profit--84107489.42384107489.4230%255371953.539-67%-621900.833+101%3097949.068+2615%
Usd Revenue--1054565415.3601054565415.3600%1198752093.181-12%1056708228.1300%721123525.758+46%
Usd Total Gains Per Share--0.1040.1040%0.282-63%0.143-27%0.270-61%
 EOD+4 -4MRQTTM+0 -0YOY+16 -175Y+23 -1110Y+24 -10

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1541.053
Price to Book Ratio (EOD)Between0-11.390
Net Profit Margin (MRQ)Greater than00.080
Operating Margin (MRQ)Greater than00.117
Quick Ratio (MRQ)Greater than12.944
Current Ratio (MRQ)Greater than13.132
Debt to Asset Ratio (MRQ)Less than10.210
Debt to Equity Ratio (MRQ)Less than10.266
Return on Equity (MRQ)Greater than0.150.034
Return on Assets (MRQ)Greater than0.050.027
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.007
Ma 20Greater thanMa 5025.690
Ma 50Greater thanMa 10025.064
Ma 100Greater thanMa 20026.755
OpenGreater thanClose26.150
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets22,734,478
Total Liabilities4,777,140
Total Stockholder Equity17,957,338
 As reported
Total Liabilities 4,777,140
Total Stockholder Equity+ 17,957,338
Total Assets = 22,734,478

Assets

Total Assets22,734,478
Total Current Assets12,475,912
Long-term Assets10,258,566
Total Current Assets
Cash And Cash Equivalents 5,545,766
Short-term Investments 1,967,989
Net Receivables 2,245,859
Inventory 760,271
Other Current Assets 1,303,026
Total Current Assets  (as reported)12,475,912
Total Current Assets  (calculated)11,822,911
+/- 653,001
Long-term Assets
Property Plant Equipment 315,999
Goodwill 6,632,807
Intangible Assets 788,832
Other Assets 641,924
Long-term Assets  (as reported)10,258,566
Long-term Assets  (calculated)8,379,562
+/- 1,879,004

Liabilities & Shareholders' Equity

Total Current Liabilities3,983,756
Long-term Liabilities796,000
Total Stockholder Equity17,957,338
Total Current Liabilities
Short Long Term Debt 417,876
Accounts payable 1,203,873
Other Current Liabilities 1,643,123
Total Current Liabilities  (as reported)3,983,756
Total Current Liabilities  (calculated)3,264,872
+/- 718,884
Long-term Liabilities
Long term Debt Total 134,595
Other Liabilities 661,405
Long-term Liabilities  (as reported)796,000
Long-term Liabilities  (calculated)796,000
+/-0
Total Stockholder Equity
Common Stock644
Retained Earnings 201,597
Capital Surplus 16,223,277
Other Stockholders Equity 1,531,820
Total Stockholder Equity (as reported)17,957,338
Total Stockholder Equity (calculated)17,957,338
+/-0
Other
Capital Stock644
Cash And Equivalents5,545,766
Cash and Short Term Investments 7,513,755
Common Stock Shares Outstanding 1,015,238
Liabilities and Stockholders Equity 22,734,478
Net Invested Capital 18,375,214
Net Tangible Assets 10,535,699
Net Working Capital 8,492,156
Property Plant and Equipment Gross 315,999



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
> Total Assets 
6,383,409
6,381,090
7,131,705
15,137,368
27,834,606
26,250,004
21,315,760
23,297,314
22,734,478
22,734,47823,297,31421,315,76026,250,00427,834,60615,137,3687,131,7056,381,0906,383,409
   > Total Current Assets 
1,360,433
1,355,375
2,115,212
9,434,131
14,277,638
12,190,525
11,500,331
12,730,310
12,475,912
12,475,91212,730,31011,500,33112,190,52514,277,6389,434,1312,115,2121,355,3751,360,433
       Cash And Cash Equivalents 
830,017
331,090
404,915
7,502,430
8,342,228
5,931,849
2,848,231
4,528,412
5,545,766
5,545,7664,528,4122,848,2315,931,8498,342,2287,502,430404,915331,090830,017
       Short-term Investments 
74,395
297,449
368,271
653,420
508,365
415,752
3,408,679
2,678,031
1,967,989
1,967,9892,678,0313,408,679415,752508,365653,420368,271297,44974,395
       Net Receivables 
226,944
178,325
772,065
790,771
2,113,269
3,617,396
3,296,287
2,745,925
2,245,859
2,245,8592,745,9253,296,2873,617,3962,113,269790,771772,065178,325226,944
       Inventory 
153,120
147,892
137,920
222,486
129,693
606,037
571,830
653,764
760,271
760,271653,764571,830606,037129,693222,486137,920147,892153,120
       Other Current Assets 
75,957
22,880
117,326
265,024
3,210,887
1,619,491
1,375,304
1,539,705
1,303,026
1,303,0261,539,7051,375,3041,619,4913,210,887265,024117,32622,88075,957
   > Long-term Assets 
0
0
5,016,493
5,703,237
13,556,968
14,059,479
9,815,429
10,567,004
10,258,566
10,258,56610,567,0049,815,42914,059,47913,556,9685,703,2375,016,49300
       Property Plant Equipment 
29,077
37,370
45,018
36,050
47,696
134,151
122,865
326,588
315,999
315,999326,588122,865134,15147,69636,05045,01837,37029,077
       Goodwill 
3,715,659
3,726,435
3,715,659
3,720,323
10,653,325
10,653,325
6,637,471
6,632,807
6,632,807
6,632,8076,632,8076,637,47110,653,32510,653,3253,720,3233,715,6593,726,4353,715,659
       Long Term Investments 
45,676
114,501
233,666
1,085,302
1,125,055
1,420,800
0
0
0
0001,420,8001,125,0551,085,302233,666114,50145,676
       Intangible Assets 
1,188,184
1,094,194
965,881
780,774
1,487,832
1,515,474
1,038,592
822,692
788,832
788,832822,6921,038,5921,515,4741,487,832780,774965,8811,094,1941,188,184
       Long-term Assets Other 
0
0
0
5,703,237
13,556,968
14,059,479
0
0
329,641
329,6410014,059,47913,556,9685,703,237000
> Total Liabilities 
1,715,650
1,923,131
1,923,423
2,474,658
9,419,561
6,839,193
6,217,253
6,110,343
4,777,140
4,777,1406,110,3436,217,2536,839,1939,419,5612,474,6581,923,4231,923,1311,715,650
   > Total Current Liabilities 
1,387,821
1,560,300
1,658,466
1,764,166
6,596,311
5,913,647
4,217,162
4,511,510
3,983,756
3,983,7564,511,5104,217,1625,913,6476,596,3111,764,1661,658,4661,560,3001,387,821
       Short-term Debt 
671,775
877,930
541,622
0
2,115,028
1,303,072
554,444
0
0
00554,4441,303,0722,115,0280541,622877,930671,775
       Short Long Term Debt 
671,775
877,930
541,622
0
2,115,028
1,303,072
554,444
792,776
417,876
417,876792,776554,4441,303,0722,115,0280541,622877,930671,775
       Accounts payable 
225,893
222,867
419,697
656,953
1,131,067
1,020,676
1,039,653
1,127,368
1,203,873
1,203,8731,127,3681,039,6531,020,6761,131,067656,953419,697222,867225,893
       Other Current Liabilities 
432,853
249,472
371,212
776,111
3,014,614
2,967,380
2,572,678
1,861,552
1,643,123
1,643,1231,861,5522,572,6782,967,3803,014,614776,111371,212249,472432,853
   > Long-term Liabilities 
0
0
264,957
710,492
2,823,250
925,546
2,000,091
1,598,833
796,000
796,0001,598,8332,000,091925,5462,823,250710,492264,95700
       Long term Debt Total 
0
247
0
475,000
380,000
34,371
726,324
584,392
134,595
134,595584,392726,32434,371380,000475,00002470
       Capital Lease Obligations 
0
0
0
0
0
89,929
85,217
274,423
200,100
200,100274,42385,21789,92900000
       Deferred Long Term Liability 
0
0
3,200
2,213
0
0
0
0
0
000002,2133,20000
> Total Stockholder Equity
4,599,151
4,375,468
5,166,225
12,621,196
18,403,478
19,396,567
15,093,507
17,186,455
17,957,338
17,957,33817,186,45515,093,50719,396,56718,403,47812,621,1965,166,2254,375,4684,599,151
   Common Stock
409
409
431
569
649
642
645
649
644
644649645642649569431409409
   Retained Earnings 
-21,663
-378,110
-356,113
167,954
1,048,145
2,098,748
-2,435,005
-406,589
201,597
201,597-406,589-2,435,0052,098,7481,048,145167,954-356,113-378,110-21,663
   Accumulated Other Comprehensive Income 00000-35,751-18,261-13,186-1,409
   Capital Surplus 
0
4,658,606
5,311,029
12,143,464
16,456,555
16,161,809
16,259,688
16,412,728
16,223,277
16,223,27716,412,72816,259,68816,161,80916,456,55512,143,4645,311,0294,658,6060
   Treasury Stock000000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue7,625,622
Cost of Revenue-3,595,519
Gross Profit4,030,1034,030,103
 
Operating Income (+$)
Gross Profit4,030,103
Operating Expense-6,635,220
Operating Income628,834-2,605,117
 
Operating Expense (+$)
Research Development0
Selling General Administrative2,739,423
Selling And Marketing Expenses0
Operating Expense6,635,2202,739,423
 
Net Interest Income (+$)
Interest Income144,986
Interest Expense-369,095
Other Finance Cost-336,939
Net Interest Income112,830
 
Pretax Income (+$)
Operating Income628,834
Net Interest Income112,830
Other Non-Operating Income Expenses0
Income Before Tax (EBT)773,820628,834
EBIT - interestExpense = 519,787
774,378
977,281
Interest Expense369,095
Earnings Before Interest and Taxes (EBIT)888,8821,142,915
Earnings Before Interest and Taxes (EBITDA)1,199,627
 
After tax Income (+$)
Income Before Tax773,820
Tax Provision-166,192
Net Income From Continuing Ops607,628607,628
Net Income608,186
Net Income Applicable To Common Shares608,186
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses213,864
Total Other Income/Expenses Net0-112,830
 

Technical Analysis of China Literature Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of China Literature Ltd. The general trend of China Literature 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 China Literature 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 China Literature 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: 28.50 < 30.65 < 31.35.

The bearish price targets are: 24.80 > 22.95 > 20.40.

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China Literature Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of China Literature 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 up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above 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 lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below 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

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

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of China Literature Ltd. The current macd is 0.53027313.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

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

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


Score

Let's take a look at the Directional Movement Index (DMI) of China Literature Ltd. The current adx is 11.41.

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

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

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of China Literature Ltd. The current sar is 28.88.

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

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

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of China Literature Ltd. The current rsi is 53.01. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
China Literature Ltd Daily Relative Strength Index (RSI) ChartChina Literature Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of China Literature Ltd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

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

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of China Literature Ltd. The current cci is 37.42.

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

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of China Literature Ltd. The current cmo is 5.19930156.

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
China Literature Ltd Daily Chande Momentum Oscillator (CMO) ChartChina Literature Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of China Literature Ltd. The current willr is -45.13274336.

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

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

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

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

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

Score

Let's take a look at the Average True Range (ATR) of China Literature Ltd. The current atr is 1.61457618.

China Literature Ltd Daily Average True Range (ATR) ChartChina Literature Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of China Literature Ltd. The current obv is 5,151,653.

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

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of China Literature Ltd. The current mfi is 56.86.

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

  • MFI > 50: +1
China Literature Ltd Daily Money Flow Index (MFI) ChartChina Literature Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for China Literature 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
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-06MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-11STOCH 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).
2024-01-12MACD 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-05BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16MACD 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06DMI 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
2024-03-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11DMI 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
2024-03-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

China Literature Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.007
Ma 20Greater thanMa 5025.690
Ma 50Greater thanMa 10025.064
Ma 100Greater thanMa 20026.755
OpenGreater thanClose26.150
Total2/5 (40.0%)
Penke

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