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Arts Optical International Holdings Ltd
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Let's analyse Arts Optical International Holdings Ltd together

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

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

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

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Quick analysis of Arts Optical International Holdings Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
HK$0.00
When do you have the money?
1 year
How often do you get paid?
60.0%

What is your share worth?

Current worth
HK$1.34
Expected worth in 1 year
HK$2.02
How sure are you?
30.0%

+ What do you gain per year?

Total Gains per Share
HK$0.68
Return On Investment
80.9%

For what price can you sell your share?

Current Price per Share
HK$0.84
Expected price per share
HK$0.83 - HK$0.87
How sure are you?
50%

1. Valuation of Arts Optical International Holdings Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$0.84

Intrinsic Value Per Share

HK$-2.72 - HK$2.48

Total Value Per Share

HK$-1.37 - HK$3.82

2. Growth of Arts Optical International Holdings Ltd (5 min.)




Is Arts Optical International Holdings Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$66.3m$57.9m$8.3m12.6%

How much money is Arts Optical International Holdings Ltd making?

Current yearPrevious yearGrowGrow %
Making money$14.6m$2.6m$12m82.0%
Net Profit Margin10.0%1.8%--

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

3. Financial Health of Arts Optical International Holdings Ltd (5 min.)




4. Comparing to competitors in the Medical Instruments & Supplies industry (5 min.)




  Industry Rankings (Medical Instruments & Supplies)  


Richest
#113 / 173

Most Revenue
#60 / 173

Most Profit
#56 / 173

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

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

What can you expect buying and holding a share of Arts Optical International Holdings Ltd?

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

Speculation

The Price per Share of Arts Optical International Holdings Ltd is HK$0.84. 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 Arts Optical International Holdings Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$1.34. Based on the TTM, the Book Value Change Per Share is HK$0.17 per quarter. Based on the YOY, the Book Value Change Per Share is HK$-0.04 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 Arts Optical International Holdings Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.044.5%0.044.5%0.010.8%-0.04-4.3%-0.02-1.9%
Usd Book Value Change Per Share0.022.6%0.022.6%-0.01-0.6%-0.04-5.1%-0.03-3.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.1%0.010.9%
Usd Total Gains Per Share0.022.6%0.022.6%-0.01-0.6%-0.04-5.0%-0.02-2.1%
Usd Price Per Share0.09-0.09-0.08-0.14-0.24-
Price to Earnings Ratio2.46-2.46-12.32--1.75--2.86-
Price-to-Total Gains Ratio4.30-4.30--16.66--5.25--3.92-
Price to Book Ratio0.54-0.54-0.56-0.62-0.71-
Price-to-Total Gains Ratio4.30-4.30--16.66--5.25--3.92-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.107352
Number of shares9315
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.02-0.04
Usd Total Gains Per Share0.02-0.04
Gains per Quarter (9315 shares)202.13-390.45
Gains per Year (9315 shares)808.52-1,561.79
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1080979935-1597-1572
201617160870-3193-3134
3024262417105-4790-4696
4032343226140-6387-6258
5040434035175-7984-7820
6048514844210-9580-9382
7056605653244-11177-10944
8064686462279-12774-12506
9072777271314-14370-14068
10080858080349-15967-15630

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%4.06.00.040.0%19.06.00.076.0%
Book Value Change Per Share1.00.00.0100.0%1.02.00.033.3%1.04.00.020.0%3.07.00.030.0%17.08.00.068.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%1.00.04.020.0%6.00.04.060.0%21.00.04.084.0%
Total Gains per Share1.00.00.0100.0%1.02.00.033.3%1.04.00.020.0%3.07.00.030.0%18.07.00.072.0%

Fundamentals of Arts Optical International Holdings Ltd

About Arts Optical International Holdings Ltd

Arts Optical International Holdings Limited, an investment holding company, designs, manufactures, and trades in prescription frames, sunglasses, and optical lenses in Europe, the United States, Asia, and internationally. The company sells its products under the CEO-V, Dakota Smith, CV, MINIBOXX, PAULO PILIPE, RetroCraft, and AustSports brands. It also engages in property holding activities. Arts Optical International Holdings Limited was founded in 1973 and is headquartered in Kwun Tong, Hong Kong.

Fundamental data was last updated by Penke on 2024-03-25 04:08:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient 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 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 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 cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Arts Optical International Holdings Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Arts Optical International Holdings Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Arts Optical International Holdings Ltd to the Medical Instruments & Supplies industry mean.
  • A Net Profit Margin of 10.0% means that $0.10 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Arts Optical International Holdings Ltd:

  • The MRQ is 10.0%. The company is making a huge profit. +2
  • The TTM is 10.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.0%TTM10.0%0.0%
TTM10.0%YOY1.8%+8.2%
TTM10.0%5Y-14.7%+24.7%
5Y-14.7%10Y-7.9%-6.8%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ10.0%6.2%+3.8%
TTM10.0%7.4%+2.6%
YOY1.8%8.0%-6.2%
5Y-14.7%7.1%-21.8%
10Y-7.9%7.7%-15.6%
1.1.2. Return on Assets

Shows how efficient Arts Optical International Holdings Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Arts Optical International Holdings Ltd to the Medical Instruments & Supplies industry mean.
  • 10.5% Return on Assets means that Arts Optical International Holdings Ltd generated $0.11 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Arts Optical International Holdings Ltd:

  • The MRQ is 10.5%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 10.5%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ10.5%TTM10.5%0.0%
TTM10.5%YOY1.8%+8.7%
TTM10.5%5Y-11.2%+21.8%
5Y-11.2%10Y-6.7%-4.5%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ10.5%1.2%+9.3%
TTM10.5%1.2%+9.3%
YOY1.8%1.7%+0.1%
5Y-11.2%1.6%-12.8%
10Y-6.7%1.6%-8.3%
1.1.3. Return on Equity

Shows how efficient Arts Optical International Holdings Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Arts Optical International Holdings Ltd to the Medical Instruments & Supplies industry mean.
  • 22.1% Return on Equity means Arts Optical International Holdings Ltd generated $0.22 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Arts Optical International Holdings Ltd:

  • The MRQ is 22.1%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 22.1%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ22.1%TTM22.1%0.0%
TTM22.1%YOY4.6%+17.5%
TTM22.1%5Y-22.4%+44.5%
5Y-22.4%10Y-13.5%-9.0%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ22.1%2.3%+19.8%
TTM22.1%2.6%+19.5%
YOY4.6%3.1%+1.5%
5Y-22.4%3.2%-25.6%
10Y-13.5%3.0%-16.5%

1.2. Operating Efficiency of Arts Optical International Holdings Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Arts Optical International Holdings Ltd is operating .

  • Measures how much profit Arts Optical International Holdings Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Arts Optical International Holdings Ltd to the Medical Instruments & Supplies industry mean.
  • An Operating Margin of 2.2% means the company generated $0.02  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Arts Optical International Holdings Ltd:

  • The MRQ is 2.2%. The company is operating less efficient.
  • The TTM is 2.2%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ2.2%TTM2.2%0.0%
TTM2.2%YOY3.6%-1.4%
TTM2.2%5Y-5.7%+7.9%
5Y-5.7%10Y-8.6%+2.9%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%7.9%-5.7%
TTM2.2%6.4%-4.2%
YOY3.6%10.7%-7.1%
5Y-5.7%10.0%-15.7%
10Y-8.6%8.4%-17.0%
1.2.2. Operating Ratio

Measures how efficient Arts Optical International Holdings Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • An Operation Ratio of 1.72 means that the operating costs are $1.72 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Arts Optical International Holdings Ltd:

  • The MRQ is 1.721. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.721. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.721TTM1.7210.000
TTM1.721YOY1.713+0.008
TTM1.7215Y1.512+0.209
5Y1.51210Y1.313+0.199
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7211.099+0.622
TTM1.7211.149+0.572
YOY1.7131.109+0.604
5Y1.5121.101+0.411
10Y1.3131.055+0.258

1.3. Liquidity of Arts Optical International Holdings Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Arts Optical International Holdings Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • A Current Ratio of 1.42 means the company has $1.42 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Arts Optical International Holdings Ltd:

  • The MRQ is 1.416. The company is just able to pay all its short-term debts.
  • The TTM is 1.416. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.416TTM1.4160.000
TTM1.416YOY1.184+0.232
TTM1.4165Y1.438-0.022
5Y1.43810Y1.509-0.072
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4162.385-0.969
TTM1.4162.589-1.173
YOY1.1842.582-1.398
5Y1.4382.635-1.197
10Y1.5092.614-1.105
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Arts Optical International Holdings Ltd to the Medical Instruments & Supplies industry mean.
  • A Quick Ratio of 1.14 means the company can pay off $1.14 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Arts Optical International Holdings Ltd:

  • The MRQ is 1.137. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.137. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.137TTM1.1370.000
TTM1.137YOY0.821+0.316
TTM1.1375Y1.100+0.037
5Y1.10010Y1.213-0.113
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1371.165-0.028
TTM1.1371.172-0.035
YOY0.8211.283-0.462
5Y1.1001.392-0.292
10Y1.2131.477-0.264

1.4. Solvency of Arts Optical International Holdings Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Arts Optical International Holdings Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Arts Optical International Holdings Ltd to Medical Instruments & Supplies industry mean.
  • A Debt to Asset Ratio of 0.52 means that Arts Optical International Holdings Ltd assets are financed with 52.4% credit (debt) and the remaining percentage (100% - 52.4%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.524. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.524. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.524TTM0.5240.000
TTM0.524YOY0.596-0.072
TTM0.5245Y0.445+0.080
5Y0.44510Y0.396+0.049
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5240.353+0.171
TTM0.5240.355+0.169
YOY0.5960.358+0.238
5Y0.4450.362+0.083
10Y0.3960.369+0.027
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Arts Optical International Holdings Ltd to the Medical Instruments & Supplies industry mean.
  • A Debt to Equity ratio of 110.2% means that company has $1.10 debt for each $1 in shareholders equity.

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

  • The MRQ is 1.102. The company is able to pay all its debts with equity. +1
  • The TTM is 1.102. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.102TTM1.1020.000
TTM1.102YOY1.475-0.374
TTM1.1025Y0.908+0.194
5Y0.90810Y0.748+0.160
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1020.541+0.561
TTM1.1020.545+0.557
YOY1.4750.529+0.946
5Y0.9080.640+0.268
10Y0.7480.665+0.083

2. Market Valuation of Arts Optical International Holdings Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Arts Optical International Holdings Ltd to the Medical Instruments & Supplies industry mean.
  • A PE ratio of 2.46 means the investor is paying $2.46 for every $1 in earnings.

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

  • The EOD is 2.827. Based on the earnings, the company is cheap. +2
  • The MRQ is 2.457. Based on the earnings, the company is cheap. +2
  • The TTM is 2.457. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.827MRQ2.457+0.370
MRQ2.457TTM2.4570.000
TTM2.457YOY12.316-9.859
TTM2.4575Y-1.751+4.208
5Y-1.75110Y-2.863+1.112
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD2.82717.153-14.326
MRQ2.45718.041-15.584
TTM2.45719.435-16.978
YOY12.31620.661-8.345
5Y-1.75121.526-23.277
10Y-2.86327.509-30.372
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 8.964. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 7.790. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 7.790. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.964MRQ7.790+1.174
MRQ7.790TTM7.7900.000
TTM7.790YOY-2.918+10.708
TTM7.7905Y1.308+6.482
5Y1.30810Y0.247+1.062
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD8.96410.417-1.453
MRQ7.79010.581-2.791
TTM7.7901.298+6.492
YOY-2.9184.650-7.568
5Y1.3084.114-2.806
10Y0.2470.108+0.139
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • A PB ratio of 0.54 means the investor is paying $0.54 for each $1 in book value.

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

  • The EOD is 0.625. Based on the equity, the company is cheap. +2
  • The MRQ is 0.543. Based on the equity, the company is cheap. +2
  • The TTM is 0.543. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.625MRQ0.543+0.082
MRQ0.543TTM0.5430.000
TTM0.543YOY0.562-0.019
TTM0.5435Y0.619-0.076
5Y0.61910Y0.707-0.089
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD0.6252.531-1.906
MRQ0.5432.733-2.190
TTM0.5432.706-2.163
YOY0.5623.244-2.682
5Y0.6193.824-3.205
10Y0.7074.219-3.512
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1700.1700%-0.040+123%-0.335+297%-0.197+216%
Book Value Per Share--1.3441.3440%1.174+14%1.783-25%2.604-48%
Current Ratio--1.4161.4160%1.184+20%1.438-1%1.509-6%
Debt To Asset Ratio--0.5240.5240%0.596-12%0.445+18%0.396+32%
Debt To Equity Ratio--1.1021.1020%1.475-25%0.908+21%0.748+47%
Dividend Per Share----0%-0%0.007-100%0.057-100%
Eps--0.2970.2970%0.054+454%-0.285+196%-0.127+143%
Free Cash Flow Per Share--0.0940.0940%-0.226+341%-0.070+175%-0.388+514%
Free Cash Flow To Equity Per Share---0.075-0.0750%-0.095+26%-0.101+34%-0.457+506%
Gross Profit Margin--1.0001.0000%1.0000%1.252-20%1.184-16%
Intrinsic Value_10Y_max--2.478--------
Intrinsic Value_10Y_min---2.716--------
Intrinsic Value_1Y_max---0.001--------
Intrinsic Value_1Y_min---0.362--------
Intrinsic Value_3Y_max--0.186--------
Intrinsic Value_3Y_min---1.017--------
Intrinsic Value_5Y_max--0.603--------
Intrinsic Value_5Y_min---1.588--------
Market Cap324460926.720+13%281972260.100281972260.1000%254933826.840+11%435705085.288-35%727333450.196-61%
Net Profit Margin--0.1000.1000%0.018+459%-0.147+246%-0.079+179%
Operating Margin--0.0220.0220%0.036-39%-0.057+358%-0.086+487%
Operating Ratio--1.7211.7210%1.713+0%1.512+14%1.313+31%
Pb Ratio0.625+13%0.5430.5430%0.562-3%0.619-12%0.707-23%
Pe Ratio2.827+13%2.4572.4570%12.316-80%-1.751+171%-2.863+217%
Price Per Share0.840+13%0.7300.7300%0.660+11%1.128-35%1.883-61%
Price To Free Cash Flow Ratio8.964+13%7.7907.7900%-2.918+137%1.308+495%0.247+3059%
Price To Total Gains Ratio4.947+13%4.2994.2990%-16.663+488%-5.248+222%-3.923+191%
Quick Ratio--1.1371.1370%0.821+39%1.100+3%1.213-6%
Return On Assets--0.1050.1050%0.018+471%-0.112+207%-0.067+164%
Return On Equity--0.2210.2210%0.046+384%-0.224+202%-0.135+161%
Total Gains Per Share--0.1700.1700%-0.040+123%-0.328+293%-0.140+182%
Usd Book Value--66355932.60066355932.6000%57974297.400+14%88019898.480-25%128547630.000-48%
Usd Book Value Change Per Share--0.0220.0220%-0.005+123%-0.043+297%-0.025+216%
Usd Book Value Per Share--0.1720.1720%0.150+14%0.228-25%0.333-48%
Usd Dividend Per Share----0%-0%0.001-100%0.007-100%
Usd Eps--0.0380.0380%0.007+454%-0.036+196%-0.016+143%
Usd Free Cash Flow--4626104.4004626104.4000%-11165247.000+341%-3473118.360+175%-19131429.960+514%
Usd Free Cash Flow Per Share--0.0120.0120%-0.029+341%-0.009+175%-0.050+514%
Usd Free Cash Flow To Equity Per Share---0.010-0.0100%-0.012+26%-0.013+34%-0.058+506%
Usd Market Cap41466106.435+13%36036054.84136036054.8410%32580543.070+11%55683109.900-35%92953214.935-61%
Usd Price Per Share0.107+13%0.0930.0930%0.084+11%0.144-35%0.241-61%
Usd Profit--14667989.40014667989.4000%2645460.000+454%-14082103.080+196%-6286315.860+143%
Usd Revenue--146216363.400146216363.4000%147345859.800-1%134870841.720+8%153342312.480-5%
Usd Total Gains Per Share--0.0220.0220%-0.005+123%-0.042+293%-0.018+182%
 EOD+4 -4MRQTTM+0 -0YOY+28 -55Y+21 -1510Y+19 -17

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-152.827
Price to Book Ratio (EOD)Between0-10.625
Net Profit Margin (MRQ)Greater than00.100
Operating Margin (MRQ)Greater than00.022
Quick Ratio (MRQ)Greater than11.137
Current Ratio (MRQ)Greater than11.416
Debt to Asset Ratio (MRQ)Less than10.524
Debt to Equity Ratio (MRQ)Less than11.102
Return on Equity (MRQ)Greater than0.150.221
Return on Assets (MRQ)Greater than0.050.105
Total9/10 (90.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.840
Total0/1 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets1,091,157
Total Liabilities571,940
Total Stockholder Equity519,217
 As reported
Total Liabilities 571,940
Total Stockholder Equity+ 519,217
Total Assets = 1,091,157

Assets

Total Assets1,091,157
Total Current Assets655,426
Long-term Assets435,731
Total Current Assets
Cash And Cash Equivalents 189,710
Short-term Investments 1,156
Net Receivables 334,370
Inventory 129,898
Total Current Assets  (as reported)655,426
Total Current Assets  (calculated)655,134
+/- 292
Long-term Assets
Property Plant Equipment 245,940
Goodwill 25,293
Intangible Assets 21,873
Other Assets 6,411
Long-term Assets  (as reported)435,731
Long-term Assets  (calculated)299,517
+/- 136,214

Liabilities & Shareholders' Equity

Total Current Liabilities462,816
Long-term Liabilities22,392
Total Stockholder Equity519,217
Total Current Liabilities
Short-term Debt 6,075
Short Long Term Debt 6,075
Accounts payable 116,857
Other Current Liabilities 7,200
Total Current Liabilities  (as reported)462,816
Total Current Liabilities  (calculated)136,207
+/- 326,609
Long-term Liabilities
Long term Debt Total 3,550
Other Liabilities 18,842
Long-term Liabilities  (as reported)22,392
Long-term Liabilities  (calculated)22,392
+/-0
Total Stockholder Equity
Common Stock38,626
Retained Earnings 285,154
Capital Surplus 118,706
Other Stockholders Equity 76,731
Total Stockholder Equity (as reported)519,217
Total Stockholder Equity (calculated)519,217
+/-0
Other
Capital Stock38,626
Cash and Short Term Investments 190,866
Common Stock Shares Outstanding 386,263
Liabilities and Stockholders Equity 1,091,157
Net Invested Capital 525,292
Net Tangible Assets 472,051
Net Working Capital 192,610
Property Plant and Equipment Gross 2,330,403



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-31
> Total Assets 
370,448
468,351
581,629
607,503
693,673
695,000
735,199
810,405
1,012,841
1,251,242
1,367,679
1,389,133
1,511,221
1,604,015
1,640,644
1,677,178
2,329,889
2,081,310
2,493,737
1,659,411
1,542,744
1,349,027
914,377
1,122,829
1,091,157
1,091,1571,122,829914,3771,349,0271,542,7441,659,4112,493,7372,081,3102,329,8891,677,1781,640,6441,604,0151,511,2211,389,1331,367,6791,251,2421,012,841810,405735,199695,000693,673607,503581,629468,351370,448
   > Total Current Assets 
214,794
294,137
343,238
358,095
441,005
431,997
442,295
479,188
605,703
679,092
727,335
809,406
848,003
872,409
793,576
845,388
1,307,985
822,255
1,154,556
797,727
761,882
656,153
570,933
660,106
655,426
655,426660,106570,933656,153761,882797,7271,154,556822,2551,307,985845,388793,576872,409848,003809,406727,335679,092605,703479,188442,295431,997441,005358,095343,238294,137214,794
       Cash And Cash Equivalents 
41,027
113,017
132,595
147,934
204,769
174,128
108,309
65,006
69,134
100,934
141,239
222,850
120,184
138,501
143,082
197,010
158,036
194,870
73,234
210,464
222,277
241,640
212,563
136,956
189,710
189,710136,956212,563241,640222,277210,46473,234194,870158,036197,010143,082138,501120,184222,850141,239100,93469,13465,006108,309174,128204,769147,934132,595113,01741,027
       Short-term Investments 
0
0
11,293
13,561
14,655
18,037
2,187
14,715
15,152
13,589
4,742
118,906
145,266
93,055
34,703
14,357
436,625
23,030
555,855
137,893
0
0
0
4,623
1,156
1,1564,623000137,893555,85523,030436,62514,35734,70393,055145,266118,9064,74213,58915,15214,7152,18718,03714,65513,56111,29300
       Net Receivables 
0
0
103,352
110,270
149,989
157,321
212,439
236,195
336,144
349,528
392,151
314,956
380,038
437,151
410,549
424,453
423,661
328,912
360,990
290,297
356,240
273,150
229,250
311,423
334,370
334,370311,423229,250273,150356,240290,297360,990328,912423,661424,453410,549437,151380,038314,956392,151349,528336,144236,195212,439157,321149,989110,270103,35200
       Inventory 
85,117
92,884
95,997
86,330
71,592
82,511
119,360
162,300
184,621
210,980
188,317
148,335
197,181
197,555
196,537
208,148
216,199
191,805
162,882
158,224
182,563
141,363
129,120
179,232
129,898
129,898179,232129,120141,363182,563158,224162,882191,805216,199208,148196,537197,555197,181148,335188,317210,980184,621162,300119,36082,51171,59286,33095,99792,88485,117
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,339,181
861,684
780,862
692,874
343,444
462,723
435,731
435,731462,723343,444692,874780,862861,6841,339,181000000000000000000
       Property Plant Equipment 
155,654
174,214
235,492
246,508
247,474
237,737
254,926
254,745
350,373
501,674
568,938
523,569
588,187
605,370
762,197
745,286
751,766
987,116
1,084,173
620,327
522,698
463,073
129,696
205,331
245,940
245,940205,331129,696463,073522,698620,3271,084,173987,116751,766745,286762,197605,370588,187523,569568,938501,674350,373254,745254,926237,737247,474246,508235,492174,214155,654
       Goodwill 
0
0
0
0
2,294
1,784
1,274
1,274
0
0
0
0
0
0
0
0
9,432
8,979
7,455
8,260
7,760
7,987
8,260
28,331
25,293
25,29328,3318,2607,9877,7608,2607,4558,9799,432000000001,2741,2741,7842,2940000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,683
28,400
25,393
25,195
33,304
32,306
0
0
0
0
000032,30633,30425,19525,39328,40010,683000000000000000
       Intangible Assets 
0
0
0
0
2,294
1,784
1,274
41,872
4,680
4,680
4,680
4,680
4,680
4,680
70,103
62,281
80,312
89,749
77,600
43,201
38,782
8,149
5,490
28,617
21,873
21,87328,6175,4908,14938,78243,20177,60089,74980,31262,28170,1034,6804,6804,6804,6804,6804,68041,8721,2741,7842,2940000
       Other Assets 
0
0
0
0
0
0
19,851
3,653
30,998
45,801
48,507
35,506
56,593
110,067
66,148
58,074
200,147
73,246
209,230
188,590
208,702
180,436
173,480
151,197
6,411
6,411151,197173,480180,436208,702188,590209,23073,246200,14758,07466,148110,06756,59335,50648,50745,80130,9983,65319,851000000
> Total Liabilities 
68,392
115,451
149,268
99,266
103,538
113,845
139,910
183,940
258,491
341,774
367,173
313,963
334,520
340,266
361,503
353,994
1,120,782
1,002,170
657,145
492,592
469,462
420,433
445,445
669,196
571,940
571,940669,196445,445420,433469,462492,592657,1451,002,1701,120,782353,994361,503340,266334,520313,963367,173341,774258,491183,940139,910113,845103,53899,266149,268115,45168,392
   > Total Current Liabilities 
67,592
114,651
141,977
91,974
102,738
105,799
129,794
170,631
244,823
325,150
313,849
275,420
321,071
331,338
353,136
343,909
1,110,825
990,064
646,157
482,797
457,440
408,303
433,944
557,461
462,816
462,816557,461433,944408,303457,440482,797646,157990,0641,110,825343,909353,136331,338321,071275,420313,849325,150244,823170,631129,794105,799102,73891,974141,977114,65167,592
       Short-term Debt 
0
4,801
3,952
0
0
0
0
0
0
36,835
48,824
10,000
25,833
15,833
51,195
41,884
94,243
68,693
218,857
56,687
30,641
25,304
19,780
66,573
6,075
6,07566,57319,78025,30430,64156,687218,85768,69394,24341,88451,19515,83325,83310,00048,82436,8350000003,9524,8010
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
41,884
94,243
68,693
218,857
56,687
30,641
25,304
19,780
66,573
6,075
6,07566,57319,78025,30430,64156,687218,85768,69394,24341,884000000000000000
       Accounts payable 
0
0
56,958
47,187
56,056
71,224
94,943
133,818
163,339
179,403
147,455
136,485
158,709
157,092
149,608
154,984
138,627
110,920
106,587
98,840
113,023
90,633
111,836
155,862
116,857
116,857155,862111,83690,633113,02398,840106,587110,920138,627154,984149,608157,092158,709136,485147,455179,403163,339133,81894,94371,22456,05647,18756,95800
       Other Current Liabilities 
0
0
81,066
44,787
45,142
34,575
34,851
36,813
81,484
108,912
117,570
128,935
136,529
158,413
152,333
147,041
877,955
810,451
320,713
327,270
313,776
291,678
301,289
330,783
7,200
7,200330,783301,289291,678313,776327,270320,713810,451877,955147,041152,333158,413136,529128,935117,570108,91281,48436,81334,85134,57545,14244,78781,06600
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,988
9,795
12,022
12,130
11,501
25,036
22,392
22,39225,03611,50112,13012,0229,79510,988000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,377
2,622
8,563
3,550
3,5508,5632,6221,377000000000000000000000
       Other Liabilities 
0
0
6,492
6,492
0
0
0
0
0
0
0
0
0
0
0
10,085
9,957
12,106
10,988
9,795
12,022
10,753
8,879
16,473
18,842
18,84216,4738,87910,75312,0229,79510,98812,1069,95710,085000000000006,4926,49200
> Total Stockholder Equity
0
0
429,530
507,445
586,624
578,018
591,800
623,209
754,208
907,916
997,059
1,071,459
1,172,294
1,259,265
1,273,312
1,316,384
1,200,545
1,061,910
1,820,075
1,144,587
1,045,415
896,658
426,544
453,633
519,217
519,217453,633426,544896,6581,045,4151,144,5871,820,0751,061,9101,200,5451,316,3841,273,3121,259,2651,172,2941,071,459997,059907,916754,208623,209591,800578,018586,624507,445429,53000
   Common Stock
0
0
35,064
35,345
37,441
37,687
37,913
38,365
38,365
38,365
38,365
38,365
38,365
38,365
38,365
38,365
38,365
38,365
38,365
38,365
38,626
38,626
38,626
38,626
38,626
38,62638,62638,62638,62638,62638,36538,36538,36538,36538,36538,36538,36538,36538,36538,36538,36538,36538,36537,91337,68737,44135,34535,06400
   Retained Earnings Total Equity0000000000000000000000000
   Accumulated Other Comprehensive Income 000-1,698,975-1,671,426-1,692,536-959,650-1,251,428-1,211,700-1,156,578-1,032,507-948,194-820,755-690,973-597,2810000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
113,950
113,950
113,950
118,706
118,706
118,706
118,706
118,706
118,706118,706118,706118,706118,706113,950113,950113,95000000000000000000
   Treasury Stock0000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
134,122
143,380
42,681
34,345
136,992
90,280
77,815
119,531
125,920
76,731
76,731125,920119,53177,81590,280136,99234,34542,681143,380134,122000000000000000



Balance Sheet

Currency in HKD. All numbers in thousands.




Cash Flow

Currency in HKD. All numbers in thousands.




Income Statement

Currency in HKD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue1,144,103
Cost of Revenue-831,490
Gross Profit312,613312,613
 
Operating Income (+$)
Gross Profit312,613
Operating Expense-1,137,167
Operating Income122,988-824,554
 
Operating Expense (+$)
Research Development0
Selling General Administrative311,336
Selling And Marketing Expenses0
Operating Expense1,137,167311,336
 
Net Interest Income (+$)
Interest Income4,090
Interest Expense-32,478
Other Finance Cost-27,264
Net Interest Income-1,124
 
Pretax Income (+$)
Operating Income122,988
Net Interest Income-1,124
Other Non-Operating Income Expenses0
Income Before Tax (EBT)127,078122,988
EBIT - interestExpense = -7,085
114,773
147,251
Interest Expense32,478
Earnings Before Interest and Taxes (EBIT)25,393159,556
Earnings Before Interest and Taxes (EBITDA)161,963
 
After tax Income (+$)
Income Before Tax127,078
Tax Provision-7,057
Net Income From Continuing Ops120,021120,021
Net Income114,773
Net Income Applicable To Common Shares114,773
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses28,727
Total Other Income/Expenses Net01,124
 

Technical Analysis of Arts Optical International Holdings Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Arts Optical International Holdings Ltd. The general trend of Arts Optical International Holdings Ltd is UNKNOWN with 0.0% 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 Arts Optical International Holdings Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator StateBullish trend Bearish trend
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 Arts Optical International Holdings Ltd.

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

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

The bullish price targets are: 0.87 < 0.87 < 0.87.

The bearish price targets are: 0.83 > 0.83 > 0.83.

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Arts Optical International Holdings Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Arts Optical International Holdings Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Arts Optical International Holdings Ltd.

Arts Optical International Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) ChartArts Optical International Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

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

Arts Optical International Holdings Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Arts Optical International Holdings Ltd.

Arts Optical International Holdings Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Arts Optical International Holdings Ltd.

Arts Optical International Holdings Ltd Daily Relative Strength Index (RSI) ChartArts Optical International Holdings Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Arts Optical International Holdings Ltd.

Arts Optical International Holdings Ltd Daily Stochastic Oscillator ChartArts Optical International Holdings Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Arts Optical International Holdings Ltd.

Arts Optical International Holdings Ltd Daily Commodity Channel Index (CCI) ChartArts Optical International Holdings Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Arts Optical International Holdings Ltd.

Arts Optical International Holdings Ltd Daily Chande Momentum Oscillator (CMO) ChartArts Optical International Holdings Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Arts Optical International Holdings Ltd.

Arts Optical International Holdings Ltd Daily Williams %R ChartArts Optical International Holdings Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Arts Optical International Holdings Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Arts Optical International Holdings Ltd.

Arts Optical International Holdings Ltd Daily Average True Range (ATR) ChartArts Optical International Holdings Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Arts Optical International Holdings Ltd.

Arts Optical International Holdings Ltd Daily On-Balance Volume (OBV) ChartArts Optical International Holdings Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Arts Optical International Holdings Ltd.

Arts Optical International Holdings Ltd Daily Money Flow Index (MFI) ChartArts Optical International Holdings Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Arts Optical International Holdings Ltd.

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

Arts Optical International Holdings Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.840
Total0/1 (0.0%)
Penke

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