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Hengxin Technology Ltd
Buy, Hold or Sell?

Let's analyse Hengxin together

PenkeI guess you are interested in Hengxin Technology 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 Hengxin Technology 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 Hengxin (30 sec.)










What can you expect buying and holding a share of Hengxin? (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$5.18
Expected worth in 1 year
HK$5.89
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
HK$0.71
Return On Investment
58.2%

For what price can you sell your share?

Current Price per Share
HK$1.22
Expected price per share
HK$1.14 - HK$1.48
How sure are you?
50%

1. Valuation of Hengxin (5 min.)




Live pricePrice per Share (EOD)

HK$1.22

Intrinsic Value Per Share

HK$5.17 - HK$17.31

Total Value Per Share

HK$10.35 - HK$22.49

2. Growth of Hengxin (5 min.)




Is Hengxin growing?

Current yearPrevious yearGrowGrow %
How rich?$256.8m$248m$8.8m3.4%

How much money is Hengxin making?

Current yearPrevious yearGrowGrow %
Making money$8.7m$9.8m-$1m-12.1%
Net Profit Margin3.1%4.4%--

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

3. Financial Health of Hengxin (5 min.)




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




  Industry Rankings (Communication Equipment)  


Richest
#100 / 342

Most Revenue
#53 / 342

Most Profit
#59 / 342

Most Efficient
#140 / 342

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

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

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

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

Speculation

The Price per Share of Hengxin is HK$1.22. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

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

  • The fundamentals: the financial health trends of Hengxin.
  • 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 Hengxin, 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$5.18. Based on the TTM, the Book Value Change Per Share is HK$0.18 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.17 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 Hengxin.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.021.9%0.021.9%0.032.1%0.032.5%0.032.7%
Usd Book Value Change Per Share0.021.9%0.021.9%0.021.8%0.032.2%0.032.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.2%0.000.3%0.000.3%
Usd Total Gains Per Share0.021.9%0.021.9%0.022.0%0.032.5%0.032.8%
Usd Price Per Share0.65-0.65-0.52-0.40-0.31-
Price to Earnings Ratio28.75-28.75-20.37-14.89-10.48-
Price-to-Total Gains Ratio28.71-28.71-21.63-15.14-10.54-
Price to Book Ratio0.98-0.98-0.81-0.63-0.55-
Price-to-Total Gains Ratio28.71-28.71-21.63-15.14-10.54-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.155916
Number of shares6413
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.020.03
Usd Total Gains Per Share0.020.03
Gains per Quarter (6413 shares)145.58193.27
Gains per Year (6413 shares)582.33773.07
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1058257285688763
201165115417013761536
301747173625620642309
402329231834127513082
502912290042634393855
603494348251141274628
704076406459648155401
804659464668255036174
905241522876761916947
1005823581085268797720

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%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.00.0100.0%
Dividend per Share0.00.01.00.0%2.00.01.066.7%4.00.01.080.0%9.00.01.090.0%14.00.04.077.8%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.00.0100.0%

Fundamentals of Hengxin

About Hengxin Technology Ltd

Hengxin Technology Ltd., an investment holding company, engages in the research, design, manufacture, development, and sale mobile communication equipment in the People's Republic of China. It operates through Radio Frequency Coaxial Cables; Telecommunication Equipment and Accessories; Antennas; and Digital Technology and Digital Security segments. The Radio Frequency Coaxial Cables segment offers RF coaxial cables that transmit high-frequency signals between antenna and base station equipment in outdoor and indoor base wireless signal coverage system in buildings. The Telecommunication Equipment and Accessories segment offers telecommunications equipment that transmits signals within microwave communications systems, radio broadcast wireless systems, and air/sea radar systems; and accessories, such as connectors and jumper cables for wireless signal coverage systems equipment within base stations. The Antennas segment provides antennas and high temperature resistant cables for communication base stations. The Digital Technology and Digital Security segment engages in the research, design, sales, and supply chain services of chips; semiconductor intellectual property authorization business; and provides digital security products and services. In addition, the company offers enterprise management consulting services; and engages in the design, development, and sale of integrated circuits, digital products, computer hardware and technology application, and software, as well as provides technology consultation services. Hengxin Technology Ltd. was incorporated in 2004 and is based in Singapore.

Fundamental data was last updated by Penke on 2024-03-25 03:39:03.

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 cheap.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Hengxin Technology Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Hengxin to the Communication Equipment industry mean.
  • A Net Profit Margin of 3.1% means that $0.03 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Hengxin Technology Ltd:

  • The MRQ is 3.1%. The company is making a profit. +1
  • The TTM is 3.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.1%TTM3.1%0.0%
TTM3.1%YOY4.4%-1.3%
TTM3.1%5Y5.7%-2.5%
5Y5.7%10Y6.2%-0.6%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ3.1%0.4%+2.7%
TTM3.1%1.1%+2.0%
YOY4.4%2.2%+2.2%
5Y5.7%1.0%+4.7%
10Y6.2%1.3%+4.9%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Hengxin to the Communication Equipment industry mean.
  • 2.5% Return on Assets means that Hengxin generated $0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Hengxin Technology Ltd:

  • The MRQ is 2.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.5%TTM2.5%0.0%
TTM2.5%YOY2.9%-0.4%
TTM2.5%5Y3.8%-1.3%
5Y3.8%10Y5.1%-1.3%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5%0.2%+2.3%
TTM2.5%0.4%+2.1%
YOY2.9%0.7%+2.2%
5Y3.8%0.4%+3.4%
10Y5.1%0.5%+4.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Hengxin to the Communication Equipment industry mean.
  • 3.4% Return on Equity means Hengxin generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Hengxin Technology 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%YOY4.0%-0.6%
TTM3.4%5Y5.0%-1.6%
5Y5.0%10Y6.4%-1.4%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4%0.4%+3.0%
TTM3.4%0.8%+2.6%
YOY4.0%1.2%+2.8%
5Y5.0%0.7%+4.3%
10Y6.4%0.9%+5.5%

1.2. Operating Efficiency of Hengxin Technology Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hengxin is operating .

  • Measures how much profit Hengxin 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 Hengxin to the Communication Equipment industry mean.
  • An Operating Margin of 4.4% means the company generated $0.04  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Hengxin Technology Ltd:

  • The MRQ is 4.4%. The company is operating less efficient.
  • The TTM is 4.4%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ4.4%TTM4.4%0.0%
TTM4.4%YOY4.5%-0.1%
TTM4.4%5Y6.8%-2.5%
5Y6.8%10Y7.6%-0.8%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ4.4%3.2%+1.2%
TTM4.4%1.5%+2.9%
YOY4.5%3.2%+1.3%
5Y6.8%2.2%+4.6%
10Y7.6%1.6%+6.0%
1.2.2. Operating Ratio

Measures how efficient Hengxin is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Communication Equipment industry mean).
  • An Operation Ratio of 1.77 means that the operating costs are $1.77 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Hengxin Technology Ltd:

  • The MRQ is 1.770. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.770. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.770TTM1.7700.000
TTM1.770YOY1.772-0.002
TTM1.7705Y1.412+0.358
5Y1.41210Y1.164+0.248
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7701.584+0.186
TTM1.7701.549+0.221
YOY1.7721.541+0.231
5Y1.4121.532-0.120
10Y1.1641.285-0.121

1.3. Liquidity of Hengxin Technology Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Communication Equipment industry mean).
  • A Current Ratio of 3.28 means the company has $3.28 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Hengxin Technology Ltd:

  • The MRQ is 3.284. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.284. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.284TTM3.2840.000
TTM3.284YOY3.382-0.098
TTM3.2845Y3.705-0.421
5Y3.70510Y4.327-0.622
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2841.909+1.375
TTM3.2841.887+1.397
YOY3.3821.857+1.525
5Y3.7051.960+1.745
10Y4.3271.795+2.532
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Hengxin to the Communication Equipment industry mean.
  • A Quick Ratio of 3.20 means the company can pay off $3.20 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Hengxin Technology Ltd:

  • The MRQ is 3.203. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.203. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.203TTM3.2030.000
TTM3.203YOY3.519-0.316
TTM3.2035Y3.873-0.670
5Y3.87310Y3.596+0.277
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2030.860+2.343
TTM3.2030.895+2.308
YOY3.5190.955+2.564
5Y3.8731.022+2.851
10Y3.5961.064+2.532

1.4. Solvency of Hengxin Technology Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Hengxin to Communication Equipment industry mean.
  • A Debt to Asset Ratio of 0.27 means that Hengxin assets are financed with 27.0% credit (debt) and the remaining percentage (100% - 27.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Hengxin Technology Ltd:

  • The MRQ is 0.270. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.270. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.270TTM0.2700.000
TTM0.270YOY0.276-0.007
TTM0.2705Y0.252+0.018
5Y0.25210Y0.221+0.030
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2700.469-0.199
TTM0.2700.477-0.207
YOY0.2760.473-0.197
5Y0.2520.468-0.216
10Y0.2210.457-0.236
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Hengxin to the Communication Equipment industry mean.
  • A Debt to Equity ratio of 36.9% means that company has $0.37 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Hengxin Technology Ltd:

  • The MRQ is 0.369. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.369. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.369TTM0.3690.000
TTM0.369YOY0.381-0.012
TTM0.3695Y0.337+0.032
5Y0.33710Y0.288+0.049
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3690.838-0.469
TTM0.3690.854-0.485
YOY0.3810.894-0.513
5Y0.3370.896-0.559
10Y0.2880.920-0.632

2. Market Valuation of Hengxin Technology 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 Hengxin generates.

  • Above 15 is considered overpriced but always compare Hengxin to the Communication Equipment industry mean.
  • A PE ratio of 28.75 means the investor is paying $28.75 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Hengxin Technology Ltd:

  • The EOD is 6.878. Based on the earnings, the company is cheap. +2
  • The MRQ is 28.752. Based on the earnings, the company is overpriced. -1
  • The TTM is 28.752. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD6.878MRQ28.752-21.874
MRQ28.752TTM28.7520.000
TTM28.752YOY20.366+8.385
TTM28.7525Y14.892+13.860
5Y14.89210Y10.478+4.414
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD6.8781.607+5.271
MRQ28.7522.318+26.434
TTM28.7525.601+23.151
YOY20.36611.799+8.567
5Y14.89214.306+0.586
10Y10.47816.956-6.478
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 1.096. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.584. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 4.584. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.096MRQ4.584-3.487
MRQ4.584TTM4.5840.000
TTM4.584YOY-4.355+8.939
TTM4.5845Y3.920+0.664
5Y3.92010Y-1.509+5.428
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD1.0961.886-0.790
MRQ4.5842.083+2.501
TTM4.5840.611+3.973
YOY-4.355-0.548-3.807
5Y3.9201.699+2.221
10Y-1.5091.853-3.362
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Communication Equipment industry mean).
  • A PB ratio of 0.98 means the investor is paying $0.98 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Hengxin Technology Ltd:

  • The EOD is 0.236. Based on the equity, the company is cheap. +2
  • The MRQ is 0.985. Based on the equity, the company is cheap. +2
  • The TTM is 0.985. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.236MRQ0.985-0.749
MRQ0.985TTM0.9850.000
TTM0.985YOY0.810+0.175
TTM0.9855Y0.631+0.354
5Y0.63110Y0.553+0.078
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD0.2361.917-1.681
MRQ0.9851.996-1.011
TTM0.9852.040-1.055
YOY0.8101.992-1.182
5Y0.6312.305-1.674
10Y0.5532.673-2.120
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Hengxin Technology 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--0.1780.1780%0.170+4%0.210-15%0.238-25%
Book Value Per Share--5.1795.1790%5.002+4%4.826+7%4.204+23%
Current Ratio--3.2843.2840%3.382-3%3.705-11%4.327-24%
Debt To Asset Ratio--0.2700.2700%0.276-2%0.252+7%0.221+22%
Debt To Equity Ratio--0.3690.3690%0.381-3%0.337+9%0.288+28%
Dividend Per Share----0%0.017-100%0.026-100%0.027-100%
Eps--0.1770.1770%0.199-11%0.239-26%0.260-32%
Free Cash Flow Per Share--1.1131.1130%-0.930+184%0.358+211%0.279+299%
Free Cash Flow To Equity Per Share--0.7830.7830%-0.880+212%0.433+81%0.296+165%
Gross Profit Margin--1.0001.0000%1.0000%0.320+213%0.223+348%
Intrinsic Value_10Y_max--17.310--------
Intrinsic Value_10Y_min--5.170--------
Intrinsic Value_1Y_max--0.685--------
Intrinsic Value_1Y_min--0.342--------
Intrinsic Value_3Y_max--2.857--------
Intrinsic Value_3Y_min--1.187--------
Intrinsic Value_5Y_max--5.995--------
Intrinsic Value_5Y_min--2.199--------
Market Cap473360000.000-318%1978800000.0001978800000.0000%1571400000.000+26%1200472000.000+65%933140000.000+112%
Net Profit Margin--0.0310.0310%0.044-29%0.057-45%0.062-50%
Operating Margin--0.0440.0440%0.045-3%0.068-36%0.076-43%
Operating Ratio--1.7701.7700%1.7720%1.412+25%1.164+52%
Pb Ratio0.236-318%0.9850.9850%0.810+22%0.631+56%0.553+78%
Pe Ratio6.878-318%28.75228.7520%20.366+41%14.892+93%10.478+174%
Price Per Share1.220-318%5.1005.1000%4.050+26%3.094+65%2.405+112%
Price To Free Cash Flow Ratio1.096-318%4.5844.5840%-4.355+195%3.920+17%-1.509+133%
Price To Total Gains Ratio6.868-318%28.71128.7110%21.630+33%15.141+90%10.541+172%
Quick Ratio--3.2033.2030%3.519-9%3.873-17%3.596-11%
Return On Assets--0.0250.0250%0.029-13%0.038-34%0.051-51%
Return On Equity--0.0340.0340%0.040-14%0.050-32%0.064-47%
Total Gains Per Share--0.1780.1780%0.187-5%0.236-25%0.264-33%
Usd Book Value--256824714.991256824714.9910%248016596.724+4%239316816.708+7%208477975.528+23%
Usd Book Value Change Per Share--0.0230.0230%0.022+4%0.027-15%0.030-25%
Usd Book Value Per Share--0.6620.6620%0.639+4%0.617+7%0.537+23%
Usd Dividend Per Share----0%0.002-100%0.003-100%0.003-100%
Usd Eps--0.0230.0230%0.025-11%0.031-26%0.033-32%
Usd Free Cash Flow--55171468.41655171468.4160%-46110275.094+184%17733425.497+211%13814108.814+299%
Usd Free Cash Flow Per Share--0.1420.1420%-0.119+184%0.046+211%0.036+299%
Usd Free Cash Flow To Equity Per Share--0.1000.1000%-0.112+212%0.055+81%0.038+165%
Usd Market Cap60495408.000-318%252890640.000252890640.0000%200824920.000+26%153420321.600+65%119255292.000+112%
Usd Price Per Share0.156-318%0.6520.6520%0.518+26%0.395+65%0.307+112%
Usd Profit--8795671.9538795671.9530%9860661.571-11%11836472.463-26%12901600.373-32%
Usd Revenue--282058787.278282058787.2780%224832294.095+25%216295173.575+30%211107522.158+34%
Usd Total Gains Per Share--0.0230.0230%0.024-5%0.030-25%0.034-33%
 EOD+4 -4MRQTTM+0 -0YOY+18 -175Y+14 -2210Y+14 -22

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-156.878
Price to Book Ratio (EOD)Between0-10.236
Net Profit Margin (MRQ)Greater than00.031
Operating Margin (MRQ)Greater than00.044
Quick Ratio (MRQ)Greater than13.203
Current Ratio (MRQ)Greater than13.284
Debt to Asset Ratio (MRQ)Less than10.270
Debt to Equity Ratio (MRQ)Less than10.369
Return on Equity (MRQ)Greater than0.150.034
Return on Assets (MRQ)Greater than0.050.025
Total8/10 (80.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.759
Ma 20Greater thanMa 501.270
Ma 50Greater thanMa 1001.244
Ma 100Greater thanMa 2001.330
OpenGreater thanClose1.210
Total1/5 (20.0%)



Reversals in quarterly reports

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

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Minority Interest  2,30302,30302,3036,7649,067-13,915-4,848



Latest Balance Sheet

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

Summary
Total Assets2,542,339
Total Liabilities685,225
Total Stockholder Equity1,857,114
 As reported
Total Liabilities 685,225
Total Stockholder Equity+ 1,857,114
Total Assets = 2,542,339

Assets

Total Assets2,542,339
Total Current Assets2,077,261
Long-term Assets465,078
Total Current Assets
Cash And Cash Equivalents 825,594
Short-term Investments 301,210
Net Receivables 597,910
Inventory 151,587
Other Current Assets 55,213
Total Current Assets  (as reported)2,077,261
Total Current Assets  (calculated)1,931,514
+/- 145,747
Long-term Assets
Property Plant Equipment 212,359
Goodwill 155,116
Intangible Assets 56,416
Other Assets 23,565
Long-term Assets  (as reported)465,078
Long-term Assets  (calculated)447,456
+/- 17,622

Liabilities & Shareholders' Equity

Total Current Liabilities632,498
Long-term Liabilities21,011
Total Stockholder Equity1,857,114
Total Current Liabilities
Short-term Debt 228,634
Short Long Term Debt 228,634
Accounts payable 387,960
Other Current Liabilities 12,195
Total Current Liabilities  (as reported)632,498
Total Current Liabilities  (calculated)857,423
+/- 224,925
Long-term Liabilities
Long term Debt Total 2,906
Other Liabilities 18,105
Long-term Liabilities  (as reported)21,011
Long-term Liabilities  (calculated)21,011
+/-0
Total Stockholder Equity
Common Stock295,000
Retained Earnings 1,574,261
Other Stockholders Equity -12,147
Total Stockholder Equity (as reported)1,857,114
Total Stockholder Equity (calculated)1,857,114
+/-0
Other
Capital Stock295,000
Cash And Equivalents881,561
Cash and Short Term Investments 1,126,804
Common Stock Shares Outstanding 388,000
Liabilities and Stockholders Equity 2,542,339
Net Invested Capital 2,085,748
Net Tangible Assets 1,645,582
Net Working Capital 1,444,763
Property Plant and Equipment Gross 491,737



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-31
> Total Assets 
422,214
879,642
872,231
1,064,204
1,371,805
1,249,548
1,471,549
1,227,709
1,433,607
1,555,755
1,565,297
1,627,830
1,731,356
2,136,080
2,192,853
2,227,781
2,477,454
2,542,339
2,542,3392,477,4542,227,7812,192,8532,136,0801,731,3561,627,8301,565,2971,555,7551,433,6071,227,7091,471,5491,249,5481,371,8051,064,204872,231879,642422,214
   > Total Current Assets 
315,613
778,232
761,788
942,120
1,195,789
1,080,271
1,275,916
1,037,473
1,253,154
1,341,978
1,344,841
1,354,535
1,497,308
1,937,369
1,996,765
2,041,293
2,291,260
2,077,261
2,077,2612,291,2602,041,2931,996,7651,937,3691,497,3081,354,5351,344,8411,341,9781,253,1541,037,4731,275,9161,080,2711,195,789942,120761,788778,232315,613
       Cash And Cash Equivalents 
153,619
189,000
243,396
261,901
268,162
247,078
323,710
265,853
374,137
469,100
605,907
560,228
445,120
946,903
592,096
876,226
546,919
825,594
825,594546,919876,226592,096946,903445,120560,228605,907469,100374,137265,853323,710247,078268,162261,901243,396189,000153,619
       Short-term Investments 
0
250
0
0
0
2,000
0
0
0
0
0
29,000
50,000
5,209
400,000
470,000
506,000
301,210
301,210506,000470,000400,0005,20950,00029,000000002,0000002500
       Net Receivables 
0
0
0
0
0
0
0
0
671,190
651,116
547,650
593,656
737,575
771,926
854,871
549,528
825,427
597,910
597,910825,427549,528854,871771,926737,575593,656547,650651,116671,19000000000
       Inventory 
46,245
89,893
96,440
123,258
184,247
128,377
135,911
108,241
182,549
153,041
115,694
170,296
212,046
168,853
94,847
106,742
254,145
151,587
151,587254,145106,74294,847168,853212,046170,296115,694153,041182,549108,241135,911128,377184,247123,25896,44089,89346,245
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
273,295
234,048
198,711
196,088
186,488
186,194
465,078
465,078186,194186,488196,088198,711234,048273,29500000000000
       Property Plant Equipment 
80,831
76,131
84,187
90,810
139,260
160,999
177,350
170,858
143,615
147,725
154,343
146,112
139,710
129,391
177,748
167,495
168,189
212,359
212,359168,189167,495177,748129,391139,710146,112154,343147,725143,615170,858177,350160,999139,26090,81084,18776,13180,831
       Goodwill 
6,017
6,017
6,017
6,017
6,017
0
0
0
0
0
0
0
0
0
0
0
0
155,116
155,1160000000000006,0176,0176,0176,0176,017
       Long Term Investments 
0
0
0
0
0
0
0
0
10,000
10,000
10,647
53,539
23,287
10,847
9,647
0
0
0
0009,64710,84723,28753,53910,64710,00010,00000000000
       Intangible Assets 
19,753
19,262
18,281
21,187
0
0
0
0
18,341
0
0
0
0
0
0
0
0
56,416
56,4160000000018,341000021,18718,28119,26219,753
       Long-term Assets Other 
-2,895
0
0
0
0
0
0
0
18,341
53,404
0
273,295
234,048
198,711
196,088
0
0
0
000196,088198,711234,048273,295053,40418,3410000000-2,895
> Total Liabilities 
365,801
532,688
430,745
526,909
690,124
396,839
532,575
222,261
349,574
382,274
277,122
231,871
250,411
548,572
510,744
495,367
684,032
685,225
685,225684,032495,367510,744548,572250,411231,871277,122382,274349,574222,261532,575396,839690,124526,909430,745532,688365,801
   > Total Current Liabilities 
365,801
532,688
430,745
526,328
688,711
394,841
529,979
219,282
338,607
367,818
266,308
221,163
240,535
539,073
496,551
480,982
677,528
632,498
632,498677,528480,982496,551539,073240,535221,163266,308367,818338,607219,282529,979394,841688,711526,328430,745532,688365,801
       Short-term Debt 
234,213
335,000
289,000
271,800
175,221
40,000
230,000
41,999
176,810
204,848
117,404
27,000
0
315,000
310,000
278,371
330,293
228,634
228,634330,293278,371310,000315,000027,000117,404204,848176,81041,999230,00040,000175,221271,800289,000335,000234,213
       Short Long Term Debt 
0
0
0
0
0
0
0
0
176,810
204,848
117,404
27,000
0
315,000
310,000
278,371
357,293
228,634
228,634357,293278,371310,000315,000027,000117,404204,848176,81000000000
       Accounts payable 
0
0
0
0
0
0
0
0
126,254
126,357
104,432
118,170
139,350
117,767
96,424
103,512
259,802
387,960
387,960259,802103,51296,424117,767139,350118,170104,432126,357126,25400000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
27,577
33,626
8,898
24,961
27,088
40,578
27,102
41,265
26,499
12,195
12,19526,49941,26527,10240,57827,08824,9618,89833,62627,57700000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
10,708
9,876
9,499
14,193
14,385
12,755
21,011
21,01112,75514,38514,1939,4999,87610,70800000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
958
703
107
2,906
2,90610770395800000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
10,967
14,456
10,814
10,708
9,876
9,499
13,235
13,682
12,648
18,105
18,10512,64813,68213,2359,4999,87610,70810,81414,45610,96700000000
> Total Stockholder Equity
0
0
0
0
0
0
0
0
1,084,033
1,173,481
1,288,175
1,395,959
1,480,945
1,587,508
1,682,109
1,730,286
1,793,422
1,857,114
1,857,1141,793,4221,730,2861,682,1091,587,5081,480,9451,395,9591,288,1751,173,4811,084,03300000000
   Common Stock
0
0
0
0
0
0
0
0
295,000
295,000
295,000
295,000
295,000
295,000
295,000
295,000
295,000
295,000
295,000295,000295,000295,000295,000295,000295,000295,000295,000295,00000000000
   Retained Earnings 
0
0
191,233
273,216
392,678
458,891
527,396
583,182
647,155
721,499
817,608
888,223
975,518
1,066,120
1,143,173
1,182,563
1,510,659
1,574,261
1,574,2611,510,6591,182,5631,143,1731,066,120975,518888,223817,608721,499647,155583,182527,396458,891392,678273,216191,23300
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
-7,337
-6,847
-7,331
12,135
-6,964
-7,270
-8,408
-10,200
-12,237
-12,147
-12,147-12,237-10,200-8,408-7,270-6,96412,135-7,331-6,847-7,33700000000



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 (+$)
totalRevenue2,039,583
Cost of Revenue-1,664,058
Gross Profit375,525375,525
 
Operating Income (+$)
Gross Profit375,525
Operating Expense-1,945,157
Operating Income88,834-1,569,632
 
Operating Expense (+$)
Research Development114,592
Selling General Administrative178,997
Selling And Marketing Expenses0
Operating Expense1,945,157293,589
 
Net Interest Income (+$)
Interest Income10,886
Interest Expense-5,230
Other Finance Cost-3,122
Net Interest Income2,534
 
Pretax Income (+$)
Operating Income88,834
Net Interest Income2,534
Other Non-Operating Income Expenses0
Income Before Tax (EBT)76,95388,834
EBIT - interestExpense = 83,604
72,473
68,832
Interest Expense5,230
Earnings Before Interest and Taxes (EBIT)88,83482,183
Earnings Before Interest and Taxes (EBITDA)123,913
 
After tax Income (+$)
Income Before Tax76,953
Tax Provision-8,871
Net Income From Continuing Ops68,08268,082
Net Income63,602
Net Income Applicable To Common Shares63,602
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses107,694
Total Other Income/Expenses Net0-2,534
 

Technical Analysis of Hengxin
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 Hengxin. The general trend of Hengxin 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 Hengxin'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 Hengxin Technology Ltd.

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

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

The bullish price targets are: 1.35 < 1.41 < 1.48.

The bearish price targets are: 1.2 > 1.14 > 1.14.

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Hengxin Technology 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 Hengxin Technology Ltd. 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

Hengxin Technology 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 Hengxin Technology Ltd. The current macd is 0.00627139.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Hengxin price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Hengxin. 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 Hengxin 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
Hengxin Technology Ltd Daily Moving Average Convergence/Divergence (MACD) ChartHengxin Technology 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 Hengxin Technology Ltd. The current adx is 41.42.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-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 Hengxin shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Hengxin Technology 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 Hengxin Technology Ltd. The current sar is 1.34.

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
Hengxin Technology 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 Hengxin Technology Ltd. The current rsi is 45.76. 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
Hengxin Technology Ltd Daily Relative Strength Index (RSI) ChartHengxin Technology 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 Hengxin Technology Ltd. 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 Hengxin price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Hengxin Technology Ltd Daily Stochastic Oscillator ChartHengxin Technology 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 Hengxin Technology Ltd. The current cci is -152.23097113.

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
Hengxin Technology Ltd Daily Commodity Channel Index (CCI) ChartHengxin Technology 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 Hengxin Technology Ltd. The current cmo is -14.02062796.

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
Hengxin Technology Ltd Daily Chande Momentum Oscillator (CMO) ChartHengxin Technology 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 Hengxin Technology Ltd. The current willr is -86.66666667.

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
Hengxin Technology Ltd Daily Williams %R ChartHengxin Technology 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 Hengxin Technology Ltd.

Hengxin Technology 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 Hengxin Technology Ltd. The current atr is 0.05521679.

Hengxin Technology Ltd Daily Average True Range (ATR) ChartHengxin Technology 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 Hengxin Technology Ltd. The current obv is -45,576,008.

Hengxin Technology Ltd Daily On-Balance Volume (OBV) ChartHengxin Technology 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 Hengxin Technology Ltd. The current mfi is 49.12.

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
Hengxin Technology Ltd Daily Money Flow Index (MFI) ChartHengxin Technology Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Hengxin Technology 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
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-29MACD 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
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2024-01-16DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29DMI 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
2024-01-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28STOCH 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
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-25SAR 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-26SAR 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).
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Hengxin Technology Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.759
Ma 20Greater thanMa 501.270
Ma 50Greater thanMa 1001.244
Ma 100Greater thanMa 2001.330
OpenGreater thanClose1.210
Total1/5 (20.0%)
Penke

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