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MicroPort Scientific Corp
Buy, Hold or Sell?

Let's analyse Microport together

PenkeI guess you are interested in MicroPort Scientific Corp. 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 MicroPort Scientific Corp. 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 Microport (30 sec.)










What can you expect buying and holding a share of Microport? (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?
90.0%

What is your share worth?

Current worth
HK$4.84
Expected worth in 1 year
HK$-1.23
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
HK$-6.07
Return On Investment
-96.2%

For what price can you sell your share?

Current Price per Share
HK$6.31
Expected price per share
HK$5.41 - HK$8.52
How sure are you?
50%

1. Valuation of Microport (5 min.)




Live pricePrice per Share (EOD)

HK$6.31

Intrinsic Value Per Share

HK$-40.01 - HK$-16.28

Total Value Per Share

HK$-35.16 - HK$-11.44

2. Growth of Microport (5 min.)




Is Microport growing?

Current yearPrevious yearGrowGrow %
How rich?$1.1b$1.4b-$355.6m-31.3%

How much money is Microport making?

Current yearPrevious yearGrowGrow %
Making money-$436.4m-$276.4m-$160m-36.7%
Net Profit Margin-51.9%-35.5%--

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

3. Financial Health of Microport (5 min.)




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




  Industry Rankings (Medical Devices)  


Richest
#34 / 340

Most Revenue
#19 / 340

Most Profit
#338 / 340

Most Efficient
#215 / 340

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

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

What can you expect buying and holding a share of Microport?

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

Speculation

The Price per Share of Microport is HK$6.31. 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 Microport.
  • 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 Microport, 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$4.84. Based on the TTM, the Book Value Change Per Share is HK$-1.52 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.44 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 Microport.

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 Eps-0.24-3.8%-0.24-3.8%-0.15-2.4%-0.09-1.4%-0.04-0.6%
Usd Book Value Change Per Share-0.19-3.1%-0.19-3.1%0.060.9%0.081.2%0.040.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.1%0.000.0%0.000.0%
Usd Total Gains Per Share-0.19-3.1%-0.19-3.1%0.060.9%0.081.2%0.040.7%
Usd Price Per Share2.63-2.63-3.63-2.76-1.70-
Price to Earnings Ratio-11.03--11.03--24.07-7.14-14.98-
Price-to-Total Gains Ratio-13.53--13.53-60.92-19.37-14.11-
Price to Book Ratio4.24-4.24-4.46-4.50-3.85-
Price-to-Total Gains Ratio-13.53--13.53-60.92-19.37-14.11-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.806418
Number of shares1240
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.190.08
Usd Total Gains Per Share-0.190.08
Gains per Quarter (1240 shares)-240.6196.82
Gains per Year (1240 shares)-962.46387.27
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-962-97211376377
20-1925-193422753764
30-2887-28963311291151
40-3850-38584315061538
50-4812-48205418821925
60-5775-57826522582312
70-6737-67447626352699
80-7700-77068730113086
90-8662-86689833883473
100-9625-963010937643860

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%2.03.00.040.0%5.05.00.050.0%11.05.00.068.8%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%7.03.00.070.0%12.04.00.075.0%
Dividend per Share0.00.01.00.0%2.00.01.066.7%4.00.01.080.0%9.00.01.090.0%15.00.01.093.8%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%7.03.00.070.0%12.04.00.075.0%

Fundamentals of Microport

About MicroPort Scientific Corp

MicroPort Scientific Corporation, an investment holding company, engages in the manufacture, marketing, and distribution of medical devices in the People's Republic of China, North America, Europe, other Asian countries, South America, and internationally. The company's Cardiovascular Devices segment offers medical solutions for the treatment of coronary artery-related diseases; coronary stents and related delivery systems; and balloon catheters and accessories. Its Orthopedics Devices segment provides reconstructive joints, spine and trauma products, and other professional implants and instruments. The company's Cardiac Rhythm Management Business segment offers defibrillators, cardiac resynchronization therapy devices, and pacemakers for the diagnosis, treatment, and management of heart rhythm disorders and heart failure. Its Endovascular and Peripheral Vascular Devices segment provides disease solutions for the interventional treatment of thoracic and abdominal aortic aneurysm, peripheral vascular diseases, aortic dissection, and other endovascular related diseases. The company's Neurovascular Devices segment offers neurovascular therapeutic and access devices for neurovascular diseases. Its Heart Valve Business segment provides VitaFlow Transcatheter aortic valve and delivery system, VitaFlow Liberty Transcatheter aortic valve implantation and retrievable delivery systems, Alwide Plus Balloon Catheter, various transcatheter aortic valve implantation, transcatheter mitral valve, transcatheter tricuspid valve, and surgical valve products. The company's Surgical Robot Business segment designs, develops, and commercializes surgical robots comprising robot ontology, control algorithm, electrical engineering, image-based navigation, and precision imaging. Its Surgical Devices segment researches and develops, manufactures, and sells surgical devices. MicroPort Scientific Corporation was founded in 1998 and is headquartered in Shanghai, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-24 23:14:06.

Financial Health

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

Valuation

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

1.1. Profitability of MicroPort Scientific Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Microport earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Microport to the Medical Devices industry mean.
  • A Net Profit Margin of -51.9% means that $-0.52 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of MicroPort Scientific Corp:

  • The MRQ is -51.9%. The company is making a huge loss. -2
  • The TTM is -51.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-51.9%TTM-51.9%0.0%
TTM-51.9%YOY-35.5%-16.4%
TTM-51.9%5Y-21.5%-30.4%
5Y-21.5%10Y-10.4%-11.1%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ-51.9%-11.0%-40.9%
TTM-51.9%-20.2%-31.7%
YOY-35.5%-14.0%-21.5%
5Y-21.5%-19.5%-2.0%
10Y-10.4%-23.8%+13.4%
1.1.2. Return on Assets

Shows how efficient Microport is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Microport to the Medical Devices industry mean.
  • -10.9% Return on Assets means that Microport generated $-0.11 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of MicroPort Scientific Corp:

  • The MRQ is -10.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -10.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-10.9%TTM-10.9%0.0%
TTM-10.9%YOY-6.3%-4.6%
TTM-10.9%5Y-4.0%-6.9%
5Y-4.0%10Y-2.0%-2.1%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ-10.9%-3.1%-7.8%
TTM-10.9%-4.2%-6.7%
YOY-6.3%-4.0%-2.3%
5Y-4.0%-3.8%-0.2%
10Y-2.0%-4.1%+2.1%
1.1.3. Return on Equity

Shows how efficient Microport is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Microport to the Medical Devices industry mean.
  • -38.5% Return on Equity means Microport generated $-0.38 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of MicroPort Scientific Corp:

  • The MRQ is -38.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -38.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-38.5%TTM-38.5%0.0%
TTM-38.5%YOY-18.5%-19.9%
TTM-38.5%5Y-11.9%-26.5%
5Y-11.9%10Y-7.1%-4.8%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ-38.5%-3.5%-35.0%
TTM-38.5%-4.4%-34.1%
YOY-18.5%-4.7%-13.8%
5Y-11.9%-5.7%-6.2%
10Y-7.1%-6.2%-0.9%

1.2. Operating Efficiency of MicroPort Scientific Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Microport is operating .

  • Measures how much profit Microport 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 Microport to the Medical Devices industry mean.
  • An Operating Margin of -60.3% means the company generated $-0.60  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of MicroPort Scientific Corp:

  • The MRQ is -60.3%. The company is operating very inefficient. -2
  • The TTM is -60.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-60.3%TTM-60.3%0.0%
TTM-60.3%YOY-40.3%-20.0%
TTM-60.3%5Y-23.2%-37.1%
5Y-23.2%10Y-8.3%-14.9%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ-60.3%-24.5%-35.8%
TTM-60.3%-14.9%-45.4%
YOY-40.3%-11.5%-28.8%
5Y-23.2%-17.1%-6.1%
10Y-8.3%-20.6%+12.3%
1.2.2. Operating Ratio

Measures how efficient Microport is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Devices industry mean).
  • An Operation Ratio of 1.97 means that the operating costs are $1.97 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of MicroPort Scientific Corp:

  • The MRQ is 1.974. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.974. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.974TTM1.9740.000
TTM1.974YOY1.804+0.170
TTM1.9745Y1.569+0.405
5Y1.56910Y1.371+0.198
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9741.454+0.520
TTM1.9741.452+0.522
YOY1.8041.434+0.370
5Y1.5691.432+0.137
10Y1.3711.366+0.005

1.3. Liquidity of MicroPort Scientific Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Microport is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Medical Devices industry mean).
  • A Current Ratio of 2.93 means the company has $2.93 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of MicroPort Scientific Corp:

  • The MRQ is 2.929. The company is able to pay all its short-term debts. +1
  • The TTM is 2.929. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.929TTM2.9290.000
TTM2.929YOY4.365-1.437
TTM2.9295Y2.624+0.305
5Y2.62410Y2.439+0.185
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9292.789+0.140
TTM2.9292.793+0.136
YOY4.3653.586+0.779
5Y2.6243.492-0.868
10Y2.4393.450-1.011
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Microport to the Medical Devices industry mean.
  • A Quick Ratio of 2.36 means the company can pay off $2.36 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of MicroPort Scientific Corp:

  • The MRQ is 2.364. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.364. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.364TTM2.3640.000
TTM2.364YOY3.669-1.305
TTM2.3645Y2.082+0.282
5Y2.08210Y1.963+0.119
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3641.587+0.777
TTM2.3641.633+0.731
YOY3.6692.155+1.514
5Y2.0822.300-0.218
10Y1.9632.255-0.292

1.4. Solvency of MicroPort Scientific Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Microport assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Microport to Medical Devices industry mean.
  • A Debt to Asset Ratio of 0.72 means that Microport assets are financed with 71.6% credit (debt) and the remaining percentage (100% - 71.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of MicroPort Scientific Corp:

  • The MRQ is 0.716. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.716. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.716TTM0.7160.000
TTM0.716YOY0.660+0.056
TTM0.7165Y0.598+0.118
5Y0.59810Y0.550+0.047
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7160.400+0.316
TTM0.7160.386+0.330
YOY0.6600.330+0.330
5Y0.5980.440+0.158
10Y0.5500.460+0.090
1.4.2. Debt to Equity Ratio

Measures if Microport is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Microport to the Medical Devices industry mean.
  • A Debt to Equity ratio of 251.9% means that company has $2.52 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of MicroPort Scientific Corp:

  • The MRQ is 2.519. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.519. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.519TTM2.5190.000
TTM2.519YOY1.938+0.580
TTM2.5195Y1.784+0.735
5Y1.78410Y1.449+0.335
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5190.570+1.949
TTM2.5190.569+1.950
YOY1.9380.479+1.459
5Y1.7840.626+1.158
10Y1.4490.692+0.757

2. Market Valuation of MicroPort Scientific Corp

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 Microport generates.

  • Above 15 is considered overpriced but always compare Microport to the Medical Devices industry mean.
  • A PE ratio of -11.03 means the investor is paying $-11.03 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of MicroPort Scientific Corp:

  • The EOD is -3.387. Based on the earnings, the company is expensive. -2
  • The MRQ is -11.029. Based on the earnings, the company is expensive. -2
  • The TTM is -11.029. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.387MRQ-11.029+7.643
MRQ-11.029TTM-11.0290.000
TTM-11.029YOY-24.065+13.036
TTM-11.0295Y7.136-18.165
5Y7.13610Y14.980-7.844
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD-3.387-1.038-2.349
MRQ-11.029-1.216-9.813
TTM-11.029-1.757-9.272
YOY-24.065-2.588-21.477
5Y7.136-1.553+8.689
10Y14.980-1.463+16.443
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of MicroPort Scientific Corp:

  • The EOD is -2.462. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -8.016. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -8.016. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.462MRQ-8.016+5.555
MRQ-8.016TTM-8.0160.000
TTM-8.016YOY-13.164+5.147
TTM-8.0165Y-83.240+75.223
5Y-83.24010Y-11.921-71.319
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD-2.462-1.228-1.234
MRQ-8.016-1.746-6.270
TTM-8.016-2.961-5.055
YOY-13.164-6.157-7.007
5Y-83.240-4.928-78.312
10Y-11.921-5.626-6.295
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Medical Devices industry mean).
  • A PB ratio of 4.24 means the investor is paying $4.24 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of MicroPort Scientific Corp:

  • The EOD is 1.302. Based on the equity, the company is underpriced. +1
  • The MRQ is 4.242. Based on the equity, the company is fair priced.
  • The TTM is 4.242. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD1.302MRQ4.242-2.939
MRQ4.242TTM4.2420.000
TTM4.242YOY4.463-0.222
TTM4.2425Y4.501-0.259
5Y4.50110Y3.848+0.653
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD1.3022.038-0.736
MRQ4.2422.321+1.921
TTM4.2422.444+1.798
YOY4.4633.047+1.416
5Y4.5013.918+0.583
10Y3.8484.245-0.397
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of MicroPort Scientific Corp 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---1.518-1.5180%0.439-446%0.594-356%0.326-566%
Book Value Per Share--4.8454.8450%6.363-24%4.436+9%3.003+61%
Current Ratio--2.9292.9290%4.365-33%2.624+12%2.439+20%
Debt To Asset Ratio--0.7160.7160%0.660+9%0.598+20%0.550+30%
Debt To Equity Ratio--2.5192.5190%1.938+30%1.784+41%1.449+74%
Dividend Per Share----0%0.027-100%0.017-100%0.019-100%
Eps---1.863-1.8630%-1.180-37%-0.712-62%-0.309-83%
Free Cash Flow Per Share---2.563-2.5630%-2.157-16%-1.148-55%-0.582-77%
Free Cash Flow To Equity Per Share---1.398-1.3980%4.929-128%1.577-189%0.911-253%
Gross Profit Margin--1.0001.0000%1.0000%-1.745+275%-0.838+184%
Intrinsic Value_10Y_max---16.282--------
Intrinsic Value_10Y_min---40.008--------
Intrinsic Value_1Y_max---0.810--------
Intrinsic Value_1Y_min---2.364--------
Intrinsic Value_3Y_max---3.060--------
Intrinsic Value_3Y_min---8.571--------
Intrinsic Value_5Y_max---6.064--------
Intrinsic Value_5Y_min---16.337--------
Market Cap11566103598.080-226%37667738342.40037667738342.4000%52056631091.200-28%39530045989.888-5%24426291053.568+54%
Net Profit Margin---0.519-0.5190%-0.355-32%-0.215-59%-0.104-80%
Operating Margin---0.603-0.6030%-0.403-33%-0.232-62%-0.083-86%
Operating Ratio--1.9741.9740%1.804+9%1.569+26%1.371+44%
Pb Ratio1.302-226%4.2424.2420%4.463-5%4.501-6%3.848+10%
Pe Ratio-3.387+69%-11.029-11.0290%-24.065+118%7.136-255%14.980-174%
Price Per Share6.310-226%20.55020.5500%28.400-28%21.566-5%13.326+54%
Price To Free Cash Flow Ratio-2.462+69%-8.016-8.0160%-13.164+64%-83.240+938%-11.921+49%
Price To Total Gains Ratio-4.156+69%-13.535-13.5350%60.916-122%19.373-170%14.115-196%
Quick Ratio--2.3642.3640%3.669-36%2.082+14%1.963+20%
Return On Assets---0.109-0.1090%-0.063-42%-0.040-63%-0.020-82%
Return On Equity---0.385-0.3850%-0.185-52%-0.119-69%-0.071-82%
Total Gains Per Share---1.518-1.5180%0.466-426%0.611-349%0.345-541%
Usd Book Value--1134895657.8491134895657.8490%1490573554.830-24%1039204385.209+9%703362081.208+61%
Usd Book Value Change Per Share---0.194-0.1940%0.056-446%0.076-356%0.042-566%
Usd Book Value Per Share--0.6190.6190%0.813-24%0.567+9%0.384+61%
Usd Dividend Per Share----0%0.004-100%0.002-100%0.002-100%
Usd Eps---0.238-0.2380%-0.151-37%-0.091-62%-0.039-83%
Usd Free Cash Flow---600505915.706-600505915.7060%-505393174.583-16%-268812379.600-55%-136257806.503-77%
Usd Free Cash Flow Per Share---0.328-0.3280%-0.276-16%-0.147-55%-0.074-77%
Usd Free Cash Flow To Equity Per Share---0.179-0.1790%0.630-128%0.202-189%0.116-253%
Usd Market Cap1478148039.835-226%4813936960.1594813936960.1590%6652837453.455-28%5051939877.508-5%3121679996.646+54%
Usd Price Per Share0.806-226%2.6262.6260%3.630-28%2.756-5%1.703+54%
Usd Profit---436463334.085-436463334.0850%-276451275.354-37%-166791656.203-62%-84803051.988-81%
Usd Revenue--840731479.243840731479.2430%778546840.288+8%746148675.389+13%545067066.772+54%
Usd Total Gains Per Share---0.194-0.1940%0.060-426%0.078-349%0.044-541%
 EOD+3 -5MRQTTM+0 -0YOY+3 -325Y+10 -2610Y+11 -25

3.2. Fundamental Score

Let's check the fundamental score of MicroPort Scientific Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.387
Price to Book Ratio (EOD)Between0-11.302
Net Profit Margin (MRQ)Greater than0-0.519
Operating Margin (MRQ)Greater than0-0.603
Quick Ratio (MRQ)Greater than12.364
Current Ratio (MRQ)Greater than12.929
Debt to Asset Ratio (MRQ)Less than10.716
Debt to Equity Ratio (MRQ)Less than12.519
Return on Equity (MRQ)Greater than0.15-0.385
Return on Assets (MRQ)Greater than0.05-0.109
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of MicroPort Scientific Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.885
Ma 20Greater thanMa 507.020
Ma 50Greater thanMa 1006.755
Ma 100Greater thanMa 2008.563
OpenGreater thanClose6.410
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets3,994,085
Total Liabilities2,859,055
Total Stockholder Equity1,135,030
 As reported
Total Liabilities 2,859,055
Total Stockholder Equity+ 1,135,030
Total Assets = 3,994,085

Assets

Total Assets3,994,085
Total Current Assets1,939,234
Long-term Assets2,054,851
Total Current Assets
Cash And Cash Equivalents 1,203,007
Short-term Investments 95,585
Net Receivables 170,873
Inventory 352,428
Other Current Assets 60,765
Total Current Assets  (as reported)1,939,234
Total Current Assets  (calculated)1,882,658
+/- 56,576
Long-term Assets
Property Plant Equipment 993,014
Goodwill 262,829
Intangible Assets 223,683
Other Assets 237,173
Long-term Assets  (as reported)2,054,851
Long-term Assets  (calculated)1,716,699
+/- 338,152

Liabilities & Shareholders' Equity

Total Current Liabilities662,125
Long-term Liabilities1,539,292
Total Stockholder Equity1,135,030
Total Current Liabilities
Short Long Term Debt 185,387
Accounts payable 143,261
Other Current Liabilities 281,533
Total Current Liabilities  (as reported)662,125
Total Current Liabilities  (calculated)610,181
+/- 51,944
Long-term Liabilities
Long term Debt Total 1,230,615
Capital Lease Obligations Min Short Term Debt176,317
Deferred Long Term Liability 110,372
Long-term Liabilities  (as reported)1,539,292
Long-term Liabilities  (calculated)1,517,304
+/- 21,988
Total Stockholder Equity
Common Stock18
Retained Earnings -767,024
Capital Surplus 670,700
Other Stockholders Equity 1,231,336
Total Stockholder Equity (as reported)1,135,030
Total Stockholder Equity (calculated)1,135,030
+/-0
Other
Capital Stock18
Cash And Equivalents1,203,007
Cash and Short Term Investments 1,298,592
Common Stock Shares Outstanding 1,827,618
Liabilities and Stockholders Equity 3,994,085
Net Debt 88,622
Net Invested Capital 2,426,659
Net Tangible Assets 758,890
Net Working Capital 1,277,109
Property Plant and Equipment Gross 1,400,133



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-31
> Total Assets 
623,465
626,034
104,256
327,720
372,983
427,421
518,689
939,734
733,643
774,550
903,623
1,274,447
1,597,951
2,469,133
4,380,529
3,994,085
3,994,0854,380,5292,469,1331,597,9511,274,447903,623774,550733,643939,734518,689427,421372,983327,720104,256626,034623,465
   > Total Current Assets 
0
0
70,929
281,466
282,429
257,292
299,711
508,112
331,240
357,476
429,705
554,691
740,954
1,479,863
2,386,767
1,939,234
1,939,2342,386,7671,479,863740,954554,691429,705357,476331,240508,112299,711257,292282,429281,46670,92900
       Cash And Cash Equivalents 
309,852
66,461
13,209
139,923
174,258
66,191
159,855
215,602
99,467
123,694
160,229
130,054
280,077
1,002,077
1,754,414
1,203,007
1,203,0071,754,4141,002,077280,077130,054160,229123,69499,467215,602159,85566,191174,258139,92313,20966,461309,852
       Short-term Investments 
3,769
208,982
28,353
97,137
50,800
106,058
38,272
60,679
482
3,499
11,715
12,215
1,767
623
32,890
95,585
95,58532,8906231,76712,21511,7153,49948260,67938,272106,05850,80097,13728,353208,9823,769
       Net Receivables 
136,683
113,581
137,728
204,393
279,621
423,855
368,276
109,207
114,042
117,250
150,527
221,028
245,436
201,129
185,796
170,873
170,873185,796201,129245,436221,028150,527117,250114,042109,207368,276423,855279,621204,393137,728113,581136,683
       Other Current Assets 
0
0
0
0
0
0
18,037
34,177
2,494
4,167
1,074
15,437
1,767
623
34,296
60,765
60,76534,2966231,76715,4371,0744,1672,49434,17718,037000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
417,074
473,918
719,756
856,997
989,270
1,993,762
2,054,851
2,054,8511,993,762989,270856,997719,756473,918417,074000000000
       Property Plant Equipment 
94,427
131,142
192,043
255,704
358,104
651,476
934,817
286,666
271,203
270,243
304,403
356,801
428,786
481,203
922,874
993,014
993,014922,874481,203428,786356,801304,403270,243271,203286,666934,817651,476358,104255,704192,043131,14294,427
       Goodwill 
0
2,105
308
317
10,257
28,116
25,569
56,529
55,463
54,458
54,458
162,673
160,520
159,483
290,565
262,829
262,829290,565159,483160,520162,67354,45854,45855,46356,52925,56928,11610,2573173082,1050
       Long Term Investments 
0
0
0
0
0
0
0
3,866
4,759
14,108
19,195
29,301
0
0
0
0
000029,30119,19514,1084,7593,8660000000
       Intangible Assets 
2,822
15,010
1,468
2,933
13,625
24,027
34,270
60,506
60,217
68,152
83,904
117,489
125,811
138,397
256,609
223,683
223,683256,609138,397125,811117,48983,90468,15260,21760,50634,27024,02713,6252,9331,46815,0102,822
       Long-term Assets Other 
0
0
7,610
7,882
0
0
0
220
465
3,364
3,883
3,602
3,079
75,009
102,652
8,258
8,258102,65275,0093,0793,6023,8833,3644652200007,8827,61000
> Total Liabilities 
262,526
218,431
47,476
30,601
36,443
55,753
128,375
595,991
415,815
428,071
464,171
745,501
943,986
1,081,187
2,889,779
2,859,055
2,859,0552,889,7791,081,187943,986745,501464,171428,071415,815595,991128,37555,75336,44330,60147,476218,431262,526
   > Total Current Liabilities 
250,136
174,135
38,285
24,643
24,492
32,774
77,974
328,032
164,601
210,039
198,893
440,390
431,801
519,379
546,757
662,125
662,125546,757519,379431,801440,390198,893210,039164,601328,03277,97432,77424,49224,64338,285174,135250,136
       Short-term Debt 
0
0
66
7,608
394
3,283
29,620
215,897
55,086
108,456
68,819
187,735
115,199
10,891
0
0
0010,891115,199187,73568,819108,45655,086215,89729,6203,2833947,6086600
       Short Long Term Debt 
0
0
0
0
0
0
58,646
158,084
4,160
108,456
68,819
187,735
115,199
10,891
94,746
185,387
185,38794,74610,891115,199187,73568,819108,4564,160158,08458,646000000
       Accounts payable 
2,552
4,332
5,176
11,184
39,478
58,083
72,481
55,226
43,716
40,912
52,151
105,016
90,120
60,388
131,054
143,261
143,261131,05460,38890,120105,01652,15140,91243,71655,22672,48158,08339,47811,1845,1764,3322,552
       Other Current Liabilities 
156,763
77,056
173,525
101,800
111,979
125,997
220,552
55,041
64,590
60,671
77,923
147,639
216,304
436,026
270,452
281,533
281,533270,452436,026216,304147,63977,92360,67164,59055,041220,552125,997111,979101,800173,52577,056156,763
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
218,032
265,278
305,111
512,185
561,808
1,616,280
1,539,292
1,539,2921,616,280561,808512,185305,111265,278218,032000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
187,854
182,656
141,400
332,634
273,345
1,098,443
1,230,615
1,230,6151,098,443273,345332,634141,400182,656187,854000000000
       Capital Lease Obligations Min Short Term Debt
0
0
-66
-7,608
-394
-3,283
-29,620
-215,897
-55,086
-108,375
-68,819
-187,735
-60,494
43,957
218,942
176,317
176,317218,94243,957-60,494-187,735-68,819-108,375-55,086-215,897-29,620-3,283-394-7,608-6600
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
52,275
0
0
0
0
0
0000052,2750000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
24,919
39,983
36,613
47,960
66,257
81,457
90,981
107,807
127,694
110,372
110,372127,694107,80790,98181,45766,25747,96036,61339,98324,919000000
> Total Stockholder Equity
360,939
407,603
387,693
1,970,679
2,115,155
2,319,879
2,365,399
342,253
312,519
332,909
401,603
442,796
519,024
1,127,963
1,490,750
1,135,030
1,135,0301,490,7501,127,963519,024442,796401,603332,909312,519342,2532,365,3992,319,8792,115,1551,970,679387,693407,603360,939
   Common Stock
89
89
89
110
109
108
108
14
14
14
14
16
16
18
18
18
181818161614141414108108109110898989
   Retained Earnings 
102,295
287,151
351,210
417,740
43,500
116,007
121,821
38,365
25,634
43,845
58,203
96,141
136,597
1,127,945
-331,083
-767,024
-767,024-331,0831,127,945136,59796,14158,20343,84525,63438,365121,821116,00743,500417,740351,210287,151102,295
   Capital Surplus 
0
0
0
0
0
0
0
0
0
248,431
258,482
349,089
362,507
661,714
664,862
670,700
670,700664,862661,714362,507349,089258,482248,431000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
39,426
43,971
23,902
18,729
62,059
-2,450
19,904
1,127,945
1,156,953
1,231,336
1,231,3361,156,9531,127,94519,904-2,45062,05918,72923,90243,97139,426000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue840,831
Cost of Revenue-339,060
Gross Profit501,771501,771
 
Operating Income (+$)
Gross Profit501,771
Operating Expense-1,321,125
Operating Income-499,843-819,354
 
Operating Expense (+$)
Research Development419,828
Selling General Administrative581,026
Selling And Marketing Expenses-
Operating Expense1,321,1251,000,854
 
Net Interest Income (+$)
Interest Income42,228
Interest Expense-22,851
Other Finance Cost-78,671
Net Interest Income-59,294
 
Pretax Income (+$)
Operating Income-499,843
Net Interest Income-59,294
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-581,518-499,843
EBIT - interestExpense = -529,750
-429,918
-413,664
Interest Expense22,851
Earnings Before Interest and Taxes (EBIT)-506,899-558,667
Earnings Before Interest and Taxes (EBITDA)-366,259
 
After tax Income (+$)
Income Before Tax-581,518
Tax Provision-6,597
Net Income From Continuing Ops-588,115-588,115
Net Income-436,515
Net Income Applicable To Common Shares-436,515
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses13,078
Total Other Income/Expenses Net-59,294
 

Technical Analysis of Microport
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 Microport. The general trend of Microport is BEARISH with 85.7% 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 Microport'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 (-85.7%) Bearish trend (85.7%)
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 MicroPort Scientific Corp.

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

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

The bullish price targets are: 7.95 < 8.32 < 8.52.

The bearish price targets are: 6.17 > 5.43 > 5.41.

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MicroPort Scientific Corp 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 MicroPort Scientific Corp. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-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 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 below 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 down: The MA 100 is trending down. -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

MicroPort Scientific Corp 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 MicroPort Scientific Corp. The current macd is -0.15496826.

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 Microport price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Microport. 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 Microport 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
MicroPort Scientific Corp Daily Moving Average Convergence/Divergence (MACD) ChartMicroPort Scientific Corp 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 MicroPort Scientific Corp. The current adx is 18.32.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-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 Microport shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
MicroPort Scientific Corp 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 MicroPort Scientific Corp. The current sar is 7.85032.

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
MicroPort Scientific Corp 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 MicroPort Scientific Corp. The current rsi is 38.88. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
MicroPort Scientific Corp Daily Relative Strength Index (RSI) ChartMicroPort Scientific Corp 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 MicroPort Scientific Corp. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Microport price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
MicroPort Scientific Corp Daily Stochastic Oscillator ChartMicroPort Scientific Corp 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 MicroPort Scientific Corp. The current cci is -138.29187797.

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

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
MicroPort Scientific Corp Daily Commodity Channel Index (CCI) ChartMicroPort Scientific Corp 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 MicroPort Scientific Corp. The current cmo is -36.2099282.

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
MicroPort Scientific Corp Daily Chande Momentum Oscillator (CMO) ChartMicroPort Scientific Corp 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 MicroPort Scientific Corp. The current willr is -95.34883721.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
MicroPort Scientific Corp Daily Williams %R ChartMicroPort Scientific Corp 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 MicroPort Scientific Corp.

MicroPort Scientific Corp 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 MicroPort Scientific Corp. The current atr is 0.45096256.

MicroPort Scientific Corp Daily Average True Range (ATR) ChartMicroPort Scientific Corp 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 MicroPort Scientific Corp. The current obv is -397,081,948.

MicroPort Scientific Corp Daily On-Balance Volume (OBV) ChartMicroPort Scientific Corp 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 MicroPort Scientific Corp. The current mfi is 42.60.

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

  • MFI < 50: -1
MicroPort Scientific Corp Daily Money Flow Index (MFI) ChartMicroPort Scientific Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for MicroPort Scientific Corp.

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
2023-11-06BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO 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
2023-11-24STOCH 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
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI 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.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-05MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH 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.
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05SAR 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
2024-01-08BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20WILLR 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).
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06MACD 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.
2024-03-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-19DMI 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
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

MicroPort Scientific Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of MicroPort Scientific Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.885
Ma 20Greater thanMa 507.020
Ma 50Greater thanMa 1006.755
Ma 100Greater thanMa 2008.563
OpenGreater thanClose6.410
Total2/5 (40.0%)
Penke

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