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Luoyang Glass Co Ltd
Buy, Hold or Sell?

Let's analyse Luoyang Glass Co Ltd together

PenkeI guess you are interested in Luoyang Glass Co 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 Luoyang Glass Co 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 Luoyang Glass Co Ltd (30 sec.)










What can you expect buying and holding a share of Luoyang Glass Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.04
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
HK$8.10
Expected worth in 1 year
HK$8.47
How sure are you?
79.2%

+ What do you gain per year?

Total Gains per Share
HK$0.66
Return On Investment
12.2%

For what price can you sell your share?

Current Price per Share
HK$5.46
Expected price per share
HK$4.06 - HK$6.52
How sure are you?
50%

1. Valuation of Luoyang Glass Co Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$5.46

Intrinsic Value Per Share

HK$3.06 - HK$4.50

Total Value Per Share

HK$11.16 - HK$12.60

2. Growth of Luoyang Glass Co Ltd (5 min.)




Is Luoyang Glass Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$668.4m$622.9m-$11.9m-2.0%

How much money is Luoyang Glass Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$11.9m$6.8m$5m42.6%
Net Profit Margin5.5%3.7%--

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

3. Financial Health of Luoyang Glass Co Ltd (5 min.)




4. Comparing to competitors in the Building Products & Equipment industry (5 min.)




  Industry Rankings (Building Products & Equipment)  


Richest
#46 / 226

Most Revenue
#78 / 226

Most Profit
#73 / 226

What can you expect buying and holding a share of Luoyang Glass Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Luoyang Glass Co Ltd?

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

Speculation

The Price per Share of Luoyang Glass Co Ltd is HK$5.46. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

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

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

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$8.10. Based on the TTM, the Book Value Change Per Share is HK$0.09 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.09 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$0.07 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Luoyang Glass Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.010.3%0.010.2%0.010.2%0.010.2%0.010.2%
Usd Book Value Change Per Share0.101.9%0.010.2%0.010.2%0.030.6%0.040.8%
Usd Dividend Per Share0.020.4%0.010.2%0.010.1%0.010.2%0.010.1%
Usd Total Gains Per Share0.122.2%0.020.4%0.020.3%0.040.7%0.050.9%
Usd Price Per Share0.65-0.89-1.69-0.86-0.80-
Price to Earnings Ratio10.96-54.05-22.51-35.57-1,014.89-
Price-to-Total Gains Ratio5.31-38.24--72.38-1.38-283.99-
Price to Book Ratio0.63-0.95-1.76-1.29-1.57-
Price-to-Total Gains Ratio5.31-38.24--72.38-1.38-283.99-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.697788
Number of shares1433
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.010.03
Usd Total Gains Per Share0.020.04
Gains per Quarter (1433 shares)30.4456.91
Gains per Year (1433 shares)121.76227.66
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1546811250178218
2107136234100355446
3161204356150533674
4215273478200710902
52683416002508881130
632240972230010661358
737547784435012431586
842954596640014211814
9483613108845115982042
10536681121050117762270

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 Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%23.01.00.095.8%23.01.00.095.8%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%14.06.00.070.0%17.07.00.070.8%17.07.00.070.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%24.00.00.0100.0%24.00.00.0100.0%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%15.05.00.075.0%19.05.00.079.2%19.05.00.079.2%

Fundamentals of Luoyang Glass Co Ltd

About Luoyang Glass Co Ltd

Triumph New Energy Company Limited, together with its subsidiaries, engages in the production, sales, and technical services of new glass materials in China and internationally. The company operates in three segments: Information Display Glass, New Energy Glass, and Other Functional Glass. It offers screen printing glass, drilled tempered glass back panel, ultra-white ultra-thin photovoltaic glass, ultra-white rolled photovoltaic coated glass, ultra white rolled photovoltaic tempered glass, ultra-clear rolled photovoltaic raw glass, original glass sheets, tempered glass, AR film glass, and back glass. The company was formerly known as Luoyang Glass Company Limited and changed its name to Triumph New Energy Company Limited in March 2023. Triumph New Energy Company Limited was incorporated in 1994 and is headquartered in Luoyang, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-25 03:59:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient 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 just able to pay all its short-term debts.
The company is just not 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 just able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Luoyang Glass Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Luoyang Glass Co Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Luoyang Glass Co Ltd to the Building Products & Equipment industry mean.
  • A Net Profit Margin of 3.5% means that $0.04 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Luoyang Glass Co Ltd:

  • The MRQ is 3.5%. The company is making a profit. +1
  • The TTM is 5.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.5%TTM5.5%-1.9%
TTM5.5%YOY3.7%+1.8%
TTM5.5%5Y5.9%-0.4%
5Y5.9%10Y7.7%-1.9%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%4.4%-0.9%
TTM5.5%4.4%+1.1%
YOY3.7%5.7%-2.0%
5Y5.9%5.0%+0.9%
10Y7.7%4.9%+2.8%
1.1.2. Return on Assets

Shows how efficient Luoyang Glass Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Luoyang Glass Co Ltd to the Building Products & Equipment industry mean.
  • 0.6% Return on Assets means that Luoyang Glass Co Ltd generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Luoyang Glass Co Ltd:

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.8%-0.2%
TTM0.8%YOY0.6%+0.2%
TTM0.8%5Y0.9%-0.1%
5Y0.9%10Y1.0%-0.2%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%1.5%-0.9%
TTM0.8%1.4%-0.6%
YOY0.6%1.9%-1.3%
5Y0.9%1.6%-0.7%
10Y1.0%1.6%-0.6%
1.1.3. Return on Equity

Shows how efficient Luoyang Glass Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Luoyang Glass Co Ltd to the Building Products & Equipment industry mean.
  • 1.6% Return on Equity means Luoyang Glass Co Ltd generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Luoyang Glass Co Ltd:

  • The MRQ is 1.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.6%TTM2.0%-0.4%
TTM2.0%YOY1.2%+0.8%
TTM2.0%5Y2.7%-0.7%
5Y2.7%10Y3.1%-0.4%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6%3.2%-1.6%
TTM2.0%3.0%-1.0%
YOY1.2%3.5%-2.3%
5Y2.7%3.2%-0.5%
10Y3.1%3.2%-0.1%

1.2. Operating Efficiency of Luoyang Glass Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Luoyang Glass Co Ltd is operating .

  • Measures how much profit Luoyang Glass Co Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Luoyang Glass Co Ltd to the Building Products & Equipment industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Luoyang Glass Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.9%-1.9%
TTM1.9%YOY1.1%+0.8%
TTM1.9%5Y9.0%-7.1%
5Y9.0%10Y6.7%+2.3%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.4%-7.4%
TTM1.9%5.5%-3.6%
YOY1.1%7.5%-6.4%
5Y9.0%7.3%+1.7%
10Y6.7%6.7%+0.0%
1.2.2. Operating Ratio

Measures how efficient Luoyang Glass Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Building Products & Equipment industry mean).
  • An Operation Ratio of 1.81 means that the operating costs are $1.81 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Luoyang Glass Co Ltd:

  • The MRQ is 1.807. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.809. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.807TTM1.809-0.002
TTM1.809YOY1.857-0.047
TTM1.8095Y1.690+0.119
5Y1.69010Y1.711-0.021
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8071.393+0.414
TTM1.8091.308+0.501
YOY1.8571.146+0.711
5Y1.6901.187+0.503
10Y1.7111.111+0.600

1.3. Liquidity of Luoyang Glass Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Luoyang Glass Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Building Products & Equipment industry mean).
  • A Current Ratio of 1.07 means the company has $1.07 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Luoyang Glass Co Ltd:

  • The MRQ is 1.073. The company is just able to pay all its short-term debts.
  • The TTM is 1.060. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.073TTM1.060+0.013
TTM1.060YOY1.054+0.005
TTM1.0605Y0.805+0.254
5Y0.80510Y0.801+0.004
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0731.685-0.612
TTM1.0601.670-0.610
YOY1.0541.688-0.634
5Y0.8051.664-0.859
10Y0.8011.528-0.727
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Luoyang Glass Co Ltd to the Building Products & Equipment industry mean.
  • A Quick Ratio of 0.35 means the company can pay off $0.35 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Luoyang Glass Co Ltd:

  • The MRQ is 0.348. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.567. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.348TTM0.567-0.220
TTM0.567YOY0.758-0.190
TTM0.5675Y0.522+0.045
5Y0.52210Y0.499+0.022
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3480.739-0.391
TTM0.5670.757-0.190
YOY0.7580.827-0.069
5Y0.5220.880-0.358
10Y0.4990.855-0.356

1.4. Solvency of Luoyang Glass Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Luoyang Glass Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Luoyang Glass Co Ltd to Building Products & Equipment industry mean.
  • A Debt to Asset Ratio of 0.59 means that Luoyang Glass Co Ltd assets are financed with 58.6% credit (debt) and the remaining percentage (100% - 58.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Luoyang Glass Co Ltd:

  • The MRQ is 0.586. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.604. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.586TTM0.604-0.018
TTM0.604YOY0.514+0.090
TTM0.6045Y0.649-0.046
5Y0.64910Y0.643+0.006
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5860.488+0.098
TTM0.6040.489+0.115
YOY0.5140.488+0.026
5Y0.6490.514+0.135
10Y0.6430.505+0.138
1.4.2. Debt to Equity Ratio

Measures if Luoyang Glass Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Luoyang Glass Co Ltd to the Building Products & Equipment industry mean.
  • A Debt to Equity ratio of 154.2% means that company has $1.54 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Luoyang Glass Co Ltd:

  • The MRQ is 1.542. The company is just able to pay all its debts with equity.
  • The TTM is 1.558. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.542TTM1.558-0.015
TTM1.558YOY1.195+0.362
TTM1.5585Y2.144-0.586
5Y2.14410Y2.056+0.088
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5420.903+0.639
TTM1.5580.968+0.590
YOY1.1950.952+0.243
5Y2.1441.106+1.038
10Y2.0561.086+0.970

2. Market Valuation of Luoyang Glass Co 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 Luoyang Glass Co Ltd generates.

  • Above 15 is considered overpriced but always compare Luoyang Glass Co Ltd to the Building Products & Equipment industry mean.
  • A PE ratio of 10.96 means the investor is paying $10.96 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Luoyang Glass Co Ltd:

  • The EOD is 11.784. Based on the earnings, the company is underpriced. +1
  • The MRQ is 10.964. Based on the earnings, the company is underpriced. +1
  • The TTM is 54.049. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD11.784MRQ10.964+0.820
MRQ10.964TTM54.049-43.085
TTM54.049YOY22.510+31.538
TTM54.0495Y35.569+18.480
5Y35.56910Y1,014.888-979.320
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD11.78414.393-2.609
MRQ10.96412.855-1.891
TTM54.04912.350+41.699
YOY22.51012.804+9.706
5Y35.56917.675+17.894
10Y1,014.88818.268+996.620
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Luoyang Glass Co Ltd:

  • The EOD is 6.722. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 6.254. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -0.157. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD6.722MRQ6.254+0.468
MRQ6.254TTM-0.157+6.411
TTM-0.157YOY-7.135+6.979
TTM-0.1575Y-1.058+0.902
5Y-1.05810Y-0.882-0.176
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD6.7225.788+0.934
MRQ6.2545.482+0.772
TTM-0.1573.859-4.016
YOY-7.1354.462-11.597
5Y-1.0583.607-4.665
10Y-0.8824.254-5.136
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Luoyang Glass Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Building Products & Equipment industry mean).
  • A PB ratio of 0.63 means the investor is paying $0.63 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Luoyang Glass Co Ltd:

  • The EOD is 0.674. Based on the equity, the company is cheap. +2
  • The MRQ is 0.627. Based on the equity, the company is cheap. +2
  • The TTM is 0.948. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.674MRQ0.627+0.047
MRQ0.627TTM0.948-0.321
TTM0.948YOY1.756-0.808
TTM0.9485Y1.288-0.339
5Y1.28810Y1.572-0.284
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD0.6741.759-1.085
MRQ0.6271.881-1.254
TTM0.9481.910-0.962
YOY1.7562.070-0.314
5Y1.2881.990-0.702
10Y1.5722.099-0.527
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Luoyang Glass Co 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--0.7920.093+752%0.087+813%0.242+227%0.338+135%
Book Value Per Share--8.1017.404+9%7.549+7%5.022+61%4.473+81%
Current Ratio--1.0731.060+1%1.054+2%0.805+33%0.801+34%
Debt To Asset Ratio--0.5860.604-3%0.514+14%0.649-10%0.643-9%
Debt To Equity Ratio--1.5421.558-1%1.195+29%2.144-28%2.056-25%
Dividend Per Share--0.1640.073+124%0.047+253%0.068+140%0.060+173%
Eps--0.1160.088+31%0.083+39%0.104+11%0.098+18%
Free Cash Flow Per Share--0.203-0.580+386%-0.607+399%-0.394+294%-0.394+294%
Free Cash Flow To Equity Per Share--1.7580.492+257%-0.589+134%0.166+958%0.166+958%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--4.501--------
Intrinsic Value_10Y_min--3.058--------
Intrinsic Value_1Y_max---1.523--------
Intrinsic Value_1Y_min---1.497--------
Intrinsic Value_3Y_max---3.071--------
Intrinsic Value_3Y_min---2.962--------
Intrinsic Value_5Y_max---2.805--------
Intrinsic Value_5Y_min---2.733--------
Market Cap1365000000.000-140%3280028812.0404477755851.410-27%8519681136.785-62%4109870758.034-20%3747262765.237-12%
Net Profit Margin--0.0350.055-35%0.037-3%0.059-40%0.077-54%
Operating Margin---0.019-100%0.011-100%0.090-100%0.067-100%
Operating Ratio--1.8071.8090%1.857-3%1.690+7%1.711+6%
Pb Ratio0.674+7%0.6270.948-34%1.756-64%1.288-51%1.572-60%
Pe Ratio11.784+7%10.96454.049-80%22.510-51%35.569-69%1014.888-99%
Price Per Share5.460+7%5.0806.935-27%13.195-62%6.732-25%6.294-19%
Price To Free Cash Flow Ratio6.722+7%6.254-0.157+103%-7.135+214%-1.058+117%-0.882+114%
Price To Total Gains Ratio5.710+7%5.31238.239-86%-72.378+1462%1.377+286%283.987-98%
Quick Ratio--0.3480.567-39%0.758-54%0.522-33%0.499-30%
Return On Assets--0.0060.008-24%0.006+8%0.009-31%0.010-43%
Return On Equity--0.0160.020-22%0.012+28%0.027-42%0.031-50%
Total Gains Per Share--0.9560.166+475%0.133+617%0.311+208%0.398+140%
Usd Book Value--668477415.579610985395.141+9%622904332.003+7%389930851.774+71%342054244.407+95%
Usd Book Value Change Per Share--0.1010.012+752%0.011+813%0.031+227%0.043+135%
Usd Book Value Per Share--1.0350.946+9%0.965+7%0.642+61%0.572+81%
Usd Dividend Per Share--0.0210.009+124%0.006+253%0.009+140%0.008+173%
Usd Eps--0.0150.011+31%0.011+39%0.013+11%0.013+18%
Usd Free Cash Flow--16756449.726-47888993.123+386%-50085898.672+399%-24203404.537+244%-20169503.781+220%
Usd Free Cash Flow Per Share--0.026-0.074+386%-0.078+399%-0.050+294%-0.050+294%
Usd Free Cash Flow To Equity Per Share--0.2250.063+257%-0.075+134%0.021+958%0.021+958%
Usd Market Cap174447000.000-140%419187682.179572257197.810-27%1088815249.281-62%525241482.877-20%478900181.397-12%
Usd Price Per Share0.698+7%0.6490.886-27%1.686-62%0.860-25%0.804-19%
Usd Profit--9558310.17511959365.640-20%6867031.866+39%8754286.110+9%7989527.246+20%
Usd Revenue--270007361.437220867159.763+22%144177090.889+87%129027683.786+109%112290833.789+140%
Usd Total Gains Per Share--0.1220.021+475%0.017+617%0.040+208%0.051+140%
 EOD+2 -6MRQTTM+24 -11YOY+26 -95Y+25 -1010Y+24 -11

3.2. Fundamental Score

Let's check the fundamental score of Luoyang Glass Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.784
Price to Book Ratio (EOD)Between0-10.674
Net Profit Margin (MRQ)Greater than00.035
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.348
Current Ratio (MRQ)Greater than11.073
Debt to Asset Ratio (MRQ)Less than10.586
Debt to Equity Ratio (MRQ)Less than11.542
Return on Equity (MRQ)Greater than0.150.016
Return on Assets (MRQ)Greater than0.050.006
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Luoyang Glass Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.923
Ma 20Greater thanMa 505.474
Ma 50Greater thanMa 1004.840
Ma 100Greater thanMa 2004.446
OpenGreater thanClose5.390
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets11,666,973
Total Liabilities6,833,175
Total Stockholder Equity4,430,290
 As reported
Total Liabilities 6,833,175
Total Stockholder Equity+ 4,430,290
Total Assets = 11,666,973

Assets

Total Assets11,666,973
Total Current Assets4,736,258
Long-term Assets6,930,715
Total Current Assets
Cash And Cash Equivalents 878,296
Net Receivables 1,534,525
Inventory 794,384
Other Current Assets 45,973
Total Current Assets  (as reported)4,736,258
Total Current Assets  (calculated)3,253,178
+/- 1,483,080
Long-term Assets
Property Plant Equipment 5,805,970
Goodwill 17,583
Intangible Assets 760,378
Long-term Assets Other 331,659
Long-term Assets  (as reported)6,930,715
Long-term Assets  (calculated)6,915,590
+/- 15,125

Liabilities & Shareholders' Equity

Total Current Liabilities4,414,758
Long-term Liabilities2,418,417
Total Stockholder Equity4,430,290
Total Current Liabilities
Short Long Term Debt 1,097,894
Accounts payable 2,004,864
Other Current Liabilities 568,752
Total Current Liabilities  (as reported)4,414,758
Total Current Liabilities  (calculated)3,671,511
+/- 743,247
Long-term Liabilities
Long term Debt 2,308,900
Capital Lease Obligations Min Short Term Debt7,493
Long-term Liabilities  (as reported)2,418,417
Long-term Liabilities  (calculated)2,316,393
+/- 102,023
Total Stockholder Equity
Total Stockholder Equity (as reported)4,430,290
Total Stockholder Equity (calculated)0
+/- 4,430,290
Other
Capital Stock645,675
Common Stock Shares Outstanding 645,675
Net Debt 2,528,499
Net Invested Capital 7,837,085
Net Working Capital 321,500
Property Plant and Equipment Gross 5,805,970



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-06-302017-12-312017-06-302016-12-31
> Total Assets 
1,356,917
1,267,087
1,373,132
3,886,034
4,504,182
4,644,919
4,875,724
5,187,871
5,241,040
5,414,713
5,506,588
5,544,950
5,604,576
5,880,537
6,514,521
9,784,868
9,267,757
8,802,135
9,238,750
9,789,678
10,565,903
11,027,031
11,314,144
11,666,973
11,666,97311,314,14411,027,03110,565,9039,789,6789,238,7508,802,1359,267,7579,784,8686,514,5215,880,5375,604,5765,544,9505,506,5885,414,7135,241,0405,187,8714,875,7244,644,9194,504,1823,886,0341,373,1321,267,0871,356,917
   > Total Current Assets 
582,479
456,264
545,450
1,312,512
1,465,389
1,585,056
1,782,634
1,918,672
1,819,704
2,006,489
2,039,701
1,980,530
1,962,020
2,202,929
2,349,635
4,045,423
3,168,635
3,371,698
3,414,923
3,919,402
4,069,864
4,318,623
4,525,511
4,736,258
4,736,2584,525,5114,318,6234,069,8643,919,4023,414,9233,371,6983,168,6354,045,4232,349,6352,202,9291,962,0201,980,5302,039,7012,006,4891,819,7041,918,6721,782,6341,585,0561,465,3891,312,512545,450456,264582,479
       Cash And Cash Equivalents 
157,529
90,688
175,956
179,161
276,133
221,075
341,680
384,381
432,547
522,044
240,111
270,724
300,948
631,656
705,375
2,023,892
1,116,572
1,080,268
735,259
1,094,072
485,548
905,098
571,749
878,296
878,296571,749905,098485,5481,094,072735,2591,080,2681,116,5722,023,892705,375631,656300,948270,724240,111522,044432,547384,381341,680221,075276,133179,161175,95690,688157,529
       Net Receivables 
255,460
211,880
270,184
807,778
811,161
678,842
683,842
703,846
938,915
945,953
966,126
1,155,389
1,198,692
941,349
1,081,213
1,229,688
1,028,456
1,352,599
1,981,355
1,863,403
981,111
2,318,990
2,545,832
1,534,525
1,534,5252,545,8322,318,990981,1111,863,4031,981,3551,352,5991,028,4561,229,6881,081,213941,3491,198,6921,155,389966,126945,953938,915703,846683,842678,842811,161807,778270,184211,880255,460
       Inventory 
132,978
125,053
87,936
261,049
245,396
241,256
276,306
283,627
281,883
384,190
378,568
311,083
257,599
426,932
350,756
455,812
686,161
515,762
533,116
665,640
695,508
803,751
1,019,072
794,384
794,3841,019,072803,751695,508665,640533,116515,762686,161455,812350,756426,932257,599311,083378,568384,190281,883283,627276,306241,256245,396261,04987,936125,053132,978
       Other Current Assets 
36,512
28,644
11,375
64,524
129,827
69,698
62,878
103,728
165,073
154,301
131,217
243,334
204,633
202,992
212,144
336,031
337,446
423,069
165,193
296,288
203,475
290,784
302,451
45,973
45,973302,451290,784203,475296,288165,193423,069337,446336,031212,144202,992204,633243,334131,217154,301165,073103,72862,87869,698129,82764,52411,37528,64436,512
   > Long-term Assets 
0
0
0
0
0
3,059,863
3,093,089
3,269,199
3,421,335
3,408,224
3,466,887
3,564,420
3,642,556
3,677,607
4,164,886
5,739,445
6,099,121
5,430,436
5,823,827
5,870,275
6,496,039
6,708,408
6,788,632
6,930,715
6,930,7156,788,6326,708,4086,496,0395,870,2755,823,8275,430,4366,099,1215,739,4454,164,8863,677,6073,642,5563,564,4203,466,8873,408,2243,421,3353,269,1993,093,0893,059,86300000
       Property Plant Equipment 
648,972
630,121
641,603
2,148,400
2,595,600
2,615,498
2,648,345
2,804,210
2,947,073
2,934,270
2,989,096
3,086,966
3,134,949
3,149,130
3,474,714
4,680,313
5,182,556
4,485,145
4,759,113
4,811,274
5,193,539
5,011,222
5,654,777
5,805,970
5,805,9705,654,7775,011,2225,193,5394,811,2744,759,1134,485,1455,182,5564,680,3133,474,7143,149,1303,134,9493,086,9662,989,0962,934,2702,947,0732,804,2102,648,3452,615,4982,595,6002,148,400641,603630,121648,972
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,583
17,583
17,583
17,583
17,58317,58317,58317,58300000000000000000000
       Intangible Assets 
62,609
118,108
117,436
359,130
356,370
374,183
375,696
394,961
399,432
399,691
400,956
402,269
407,022
407,925
412,327
662,184
657,227
687,859
765,954
766,154
708,823
726,849
763,107
760,378
760,378763,107726,849708,823766,154765,954687,859657,227662,184412,327407,925407,022402,269400,956399,691399,432394,961375,696374,183356,370359,130117,436118,10862,609
       Long-term Assets Other 
0
0
0
0
0
0
3,093,089
0
3,672
3,932
6,936
3,094,675
33,523
53,185
210,527
326,161
185,935
188,699
227,630
222,519
559,257
935,184
337,558
331,659
331,659337,558935,184559,257222,519227,630188,699185,935326,161210,52753,18533,5233,094,6756,9363,9323,67203,093,089000000
> Total Liabilities 
833,648
742,640
813,993
2,523,205
3,158,841
3,397,715
3,614,876
3,896,255
3,941,824
4,112,424
4,191,227
4,029,985
3,809,294
3,928,702
4,540,380
5,380,031
4,915,040
4,341,306
4,647,100
5,177,848
6,333,472
6,782,154
6,952,970
6,833,175
6,833,1756,952,9706,782,1546,333,4725,177,8484,647,1004,341,3064,915,0405,380,0314,540,3803,928,7023,809,2944,029,9854,191,2274,112,4243,941,8243,896,2553,614,8763,397,7153,158,8412,523,205813,993742,640833,648
   > Total Current Liabilities 
726,520
612,052
575,018
2,101,336
2,530,476
2,661,340
2,939,702
3,087,231
3,176,528
3,256,943
3,481,644
3,402,818
3,171,583
3,221,244
3,630,961
4,278,520
3,724,201
2,953,540
3,240,798
3,347,212
4,147,164
3,966,159
4,131,694
4,414,758
4,414,7584,131,6943,966,1594,147,1643,347,2123,240,7982,953,5403,724,2014,278,5203,630,9613,221,2443,171,5833,402,8183,481,6443,256,9433,176,5283,087,2312,939,7022,661,3402,530,4762,101,336575,018612,052726,520
       Short-term Debt 
579,173
559,627
87,076
197,080
236,038
943,464
1,523,689
1,621,614
2,189,609
2,076,878
2,738,428
1,976,062
2,398,444
1,819,489
2,974,482
2,298,120
2,681,554
1,771,483
1,686,902
1,540,451
2,249,840
1,774,716
2,151,604
0
02,151,6041,774,7162,249,8401,540,4511,686,9021,771,4832,681,5542,298,1202,974,4821,819,4892,398,4441,976,0622,738,4282,076,8782,189,6091,621,6141,523,689943,464236,038197,08087,076559,627579,173
       Short Long Term Debt 
579,173
559,627
87,076
197,080
236,038
943,464
1,146,131
1,128,729
1,240,054
1,425,389
1,391,841
1,441,261
1,177,314
1,391,176
1,741,805
1,615,991
1,326,710
1,135,295
855,393
908,188
1,097,925
1,339,004
1,296,939
1,097,894
1,097,8941,296,9391,339,0041,097,925908,188855,3931,135,2951,326,7101,615,9911,741,8051,391,1761,177,3141,441,2611,391,8411,425,3891,240,0541,128,7291,146,131943,464236,038197,08087,076559,627579,173
       Accounts payable 
136,374
82,947
39,537
738,301
983,155
1,000,000
1,060,964
1,221,521
1,280,521
1,248,901
1,213,576
1,082,504
894,490
795,566
884,720
1,572,189
1,296,447
1,286,609
1,587,557
1,612,259
2,157,397
1,952,076
1,855,435
2,004,864
2,004,8641,855,4351,952,0762,157,3971,612,2591,587,5571,286,6091,296,4471,572,189884,720795,566894,4901,082,5041,213,5761,248,9011,280,5211,221,5211,060,9641,000,000983,155738,30139,53782,947136,374
       Other Current Liabilities 
60,614
61,867
51,674
321,416
405,446
274,558
314,850
292,143
389,806
408,355
709,427
731,142
866,685
899,875
869,953
798,487
770,738
344,986
518,562
661,991
514,481
578,856
738,329
568,752
568,752738,329578,856514,481661,991518,562344,986770,738798,487869,953899,875866,685731,142709,427408,355389,806292,143314,850274,558405,446321,41651,67461,86760,614
   > Long-term Liabilities 
0
0
0
0
0
635,798
572,099
701,153
650,570
730,888
587,937
627,167
637,711
707,458
909,419
1,101,511
1,190,839
1,387,765
1,406,301
1,830,636
1,805,097
2,425,440
2,439,698
2,418,417
2,418,4172,439,6982,425,4401,805,0971,830,6361,406,3011,387,7651,190,8391,101,511909,419707,458637,711627,167587,937730,888650,570701,153572,099635,79800000
       Long term Debt Total 
0
0
0
0
0
528,895
466,473
596,079
545,739
625,446
482,542
522,942
678,969
603,408
806,746
954,455
1,039,572
1,249,162
1,264,659
1,689,425
1,713,184
2,328,807
2,346,000
0
02,346,0002,328,8071,713,1841,689,4251,264,6591,249,1621,039,572954,455806,746603,408678,969522,942482,542625,446545,739596,079466,473528,89500000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
0
0
0
9,239
9,344
8,015
8,108
6,772
6,862
5,459
5,522
9,405
9,251
7,651
7,493
7,4937,6519,2519,4055,5225,4596,8626,7728,1088,0159,3449,239000000000000
       Long-term Liabilities Other 
0
0
0
0
0
528,895
466,473
596,079
545,739
625,446
482,542
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000482,542625,446545,739596,079466,473528,89500000
       Deferred Long Term Liability 
3,515
4,926
4,920
4,176
22,999
0
31,556
35,111
9,866
12,322
15,597
16,915
15,692
20,320
20,365
28,148
14,369
17,477
24,274
20,823
9,243
17,680
14,446
0
014,44617,6809,24320,82324,27417,47714,36928,14820,36520,32015,69216,91515,59712,3229,86635,11131,556022,9994,1764,9204,9263,515
> Total Stockholder Equity
523,269
524,447
559,139
1,262,704
1,245,216
1,247,204
1,260,848
1,291,617
1,299,216
1,302,289
1,315,361
1,381,228
1,626,578
1,767,289
1,824,629
3,903,747
3,843,649
3,946,845
4,082,695
4,095,792
4,232,431
4,244,877
4,361,173
4,430,290
4,430,2904,361,1734,244,8774,232,4314,095,7924,082,6953,946,8453,843,6493,903,7471,824,6291,767,2891,626,5781,381,2281,315,3611,302,2891,299,2161,291,6171,260,8481,247,2041,245,2161,262,704559,139524,447523,269
   Common Stock
526,767
526,767
526,767
559,797
559,797
559,797
559,797
559,797
552,397
552,397
552,397
552,397
548,540
548,540
548,540
645,675
645,675
645,675
645,675
645,675
645,675
645,675
645,675
0
0645,675645,675645,675645,675645,675645,675645,675645,675548,540548,540548,540552,397552,397552,397552,397559,797559,797559,797559,797559,797526,767526,767526,767
   Retained Earnings Total Equity000000000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000000000
   Capital Surplus 
0
0
0
0
0
1,971,138
1,971,138
1,971,138
1,978,539
1,978,539
1,978,539
1,978,539
1,982,395
1,982,395
1,982,395
3,787,428
3,792,236
3,792,236
3,792,236
3,792,236
3,780,819
3,780,819
3,780,819
0
03,780,8193,780,8193,780,8193,792,2363,792,2363,792,2363,792,2363,787,4281,982,3951,982,3951,982,3951,978,5391,978,5391,978,5391,978,5391,971,1381,971,1381,971,13800000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
75,116
0
0
0
75,116
1,978,539
0
1,978,539
0
1,982,395
0
0
0
0
0
3,792,236
0
3,780,819
0
0
003,780,81903,792,236000001,982,39501,978,53901,978,53975,11600075,1160000



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, 2023-12-31)

Gross Profit (+$)
totalRevenue6,388,412
Cost of Revenue-5,611,287
Gross Profit777,124777,124
 
Operating Income (+$)
Gross Profit777,124
Operating Expense-5,897,913
Operating Income490,498-5,120,789
 
Operating Expense (+$)
Research Development223,912
Selling General Administrative80,256
Selling And Marketing Expenses-
Operating Expense5,897,913304,168
 
Net Interest Income (+$)
Interest Income13,802
Interest Expense-94,750
Other Finance Cost-5,407
Net Interest Income-86,355
 
Pretax Income (+$)
Operating Income490,498
Net Interest Income-86,355
Other Non-Operating Income Expenses-
Income Before Tax (EBT)438,934490,498
EBIT - interestExpense = -94,750
345,915
440,665
Interest Expense94,750
Earnings Before Interest and Taxes (EBIT)-533,684
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax438,934
Tax Provision-27,884
Net Income From Continuing Ops411,050411,050
Net Income345,915
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-86,355
 

Technical Analysis of Luoyang Glass Co Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Luoyang Glass Co Ltd. The general trend of Luoyang Glass Co Ltd is BULLISH with 42.9% 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 Luoyang Glass Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
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 Luoyang Glass Co Ltd.

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

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

The bullish price targets are: 5.88 < 6 < 6.52.

The bearish price targets are: 5.08 > 4.67 > 4.06.

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Luoyang Glass Co 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 Luoyang Glass Co Ltd. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above 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

Luoyang Glass Co 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 Luoyang Glass Co Ltd. The current macd is 0.17152257.

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 Luoyang Glass Co Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Luoyang Glass Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Luoyang Glass Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Luoyang Glass Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartLuoyang Glass Co 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 Luoyang Glass Co Ltd. The current adx is 38.96.

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 Luoyang Glass Co Ltd 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
Luoyang Glass Co 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 Luoyang Glass Co Ltd. The current sar is 5.77088938.

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
Luoyang Glass Co 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 Luoyang Glass Co Ltd. The current rsi is 58.92. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Luoyang Glass Co Ltd Daily Relative Strength Index (RSI) ChartLuoyang Glass Co 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 Luoyang Glass Co Ltd. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Luoyang Glass Co Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Luoyang Glass Co Ltd Daily Stochastic Oscillator ChartLuoyang Glass Co 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 Luoyang Glass Co Ltd. The current cci is -7.49324063.

Luoyang Glass Co Ltd Daily Commodity Channel Index (CCI) ChartLuoyang Glass Co 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 Luoyang Glass Co Ltd. The current cmo is 9.53791057.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Luoyang Glass Co Ltd Daily Chande Momentum Oscillator (CMO) ChartLuoyang Glass Co 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 Luoyang Glass Co Ltd. The current willr is -70.

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

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

Luoyang Glass Co 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 Luoyang Glass Co Ltd. The current atr is 0.22300469.

Luoyang Glass Co Ltd Daily Average True Range (ATR) ChartLuoyang Glass Co 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 Luoyang Glass Co Ltd. The current obv is -19,934,362.

Luoyang Glass Co Ltd Daily On-Balance Volume (OBV) ChartLuoyang Glass Co 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 Luoyang Glass Co Ltd. The current mfi is 58.69.

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

  • MFI > 50: +1
Luoyang Glass Co Ltd Daily Money Flow Index (MFI) ChartLuoyang Glass Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Luoyang Glass Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11MACD 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19DMI 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.
2023-12-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH 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
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH 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).
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-14STOCH 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).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Luoyang Glass Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Luoyang Glass Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.923
Ma 20Greater thanMa 505.474
Ma 50Greater thanMa 1004.840
Ma 100Greater thanMa 2004.446
OpenGreater thanClose5.390
Total3/5 (60.0%)
Penke

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