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Solartech International Holdings Ltd
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Let's analyse Solartech International Holdings Ltd together

PenkeI guess you are interested in Solartech 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 Solartech 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 Solartech International Holdings Ltd (30 sec.)










What can you expect buying and holding a share of Solartech 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?
0.0%

What is your share worth?

Current worth
HK$0.37
Expected worth in 1 year
HK$0.04
How sure are you?
30.0%

+ What do you gain per year?

Total Gains per Share
HK$-0.34
Return On Investment
-1,873.0%

For what price can you sell your share?

Current Price per Share
HK$0.02
Expected price per share
HK$0.017 - HK$0.025
How sure are you?
50%

1. Valuation of Solartech International Holdings Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$0.02

Intrinsic Value Per Share

HK$-0.12 - HK$0.22

Total Value Per Share

HK$0.26 - HK$0.59

2. Growth of Solartech International Holdings Ltd (5 min.)




Is Solartech International Holdings Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$113.6m$139.2m-$25.5m-22.5%

How much money is Solartech International Holdings Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$22.5m-$13m-$9.4m-42.0%
Net Profit Margin-47.1%-21.7%--

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

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




4. Comparing to competitors in the Electrical Equipment & Parts industry (5 min.)




  Industry Rankings (Electrical Equipment & Parts)  


Richest
#285 / 464

Most Revenue
#251 / 464

Most Profit
#447 / 464

Most Efficient
#414 / 464

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

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

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

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

Speculation

The Price per Share of Solartech International Holdings Ltd is HK$0.018. 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 Solartech 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 Solartech 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$0.37. Based on the TTM, the Book Value Change Per Share is HK$-0.08 per quarter. Based on the YOY, the Book Value Change Per Share is HK$-0.05 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 Solartech 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 Eps-0.01-52.7%-0.01-52.7%-0.01-30.6%-0.01-33.9%-0.01-42.0%
Usd Book Value Change Per Share-0.01-59.8%-0.01-59.8%-0.01-33.2%-0.01-30.5%0.00-18.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.01-59.8%-0.01-59.8%-0.01-33.2%-0.01-30.5%0.00-18.1%
Usd Price Per Share0.00-0.00-0.01-0.01-0.05-
Price to Earnings Ratio-0.53--0.53--1.95--0.52--12.42-
Price-to-Total Gains Ratio-0.46--0.46--1.80--0.59--2.25-
Price to Book Ratio0.10-0.10-0.18-0.14-0.61-
Price-to-Total Gains Ratio-0.46--0.46--1.80--0.59--2.25-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0023004
Number of shares434707
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.01-0.01
Usd Total Gains Per Share-0.01-0.01
Gains per Quarter (434707 shares)-4,682.51-2,390.30
Gains per Year (434707 shares)-18,730.05-9,561.18
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-18730-187400-9561-9571
20-37460-374700-19122-19132
30-56190-562000-28684-28693
40-74920-749300-38245-38254
50-93650-936600-47806-47815
60-112380-1123900-57367-57376
70-131110-1311200-66928-66937
80-149840-1498500-76489-76498
90-168570-1685800-86051-86059
100-187301-1873100-95612-95620

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%1.09.00.010.0%7.014.03.029.2%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%3.07.00.030.0%12.012.00.050.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%2.00.022.08.3%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%3.07.00.030.0%13.011.00.054.2%

Fundamentals of Solartech International Holdings Ltd

About Solartech International Holdings Ltd

Solartech International Holdings Limited, an investment holding company, manufactures and trades in cables and wires, and trading of copper rods in the People's Republic of China, the Americas, Europe, Hong Kong, Mongolia, and internationally. The company offers cables and wires primarily to the manufacturers of white goods appliances. It is involved in property holding; holding of mining rights; and trademark holding activities. Solartech International Holdings Limited was incorporated in 1996 and is headquartered in Tsim Sha Tsui, Hong Kong.

Fundamental data was last updated by Penke on 2024-03-25 04:36:05.

Financial Health

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

Valuation

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

1.1. Profitability of Solartech International Holdings Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Solartech International Holdings Ltd to the Electrical Equipment & Parts industry mean.
  • A Net Profit Margin of -47.1% means that $-0.47 for each $1 in revenue is generated as profit.

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

  • The MRQ is -47.1%. The company is making a huge loss. -2
  • The TTM is -47.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-47.1%TTM-47.1%0.0%
TTM-47.1%YOY-21.7%-25.4%
TTM-47.1%5Y-35.4%-11.6%
5Y-35.4%10Y-30.4%-5.1%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-47.1%3.7%-50.8%
TTM-47.1%3.7%-50.8%
YOY-21.7%3.3%-25.0%
5Y-35.4%3.2%-38.6%
10Y-30.4%3.4%-33.8%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Solartech International Holdings Ltd to the Electrical Equipment & Parts industry mean.
  • -12.2% Return on Assets means that Solartech International Holdings Ltd generated $-0.12 profit for each $1 in assets.

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

  • The MRQ is -12.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -12.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-12.2%TTM-12.2%0.0%
TTM-12.2%YOY-6.0%-6.1%
TTM-12.2%5Y-8.2%-3.9%
5Y-8.2%10Y-8.9%+0.6%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-12.2%0.9%-13.1%
TTM-12.2%1.0%-13.2%
YOY-6.0%0.8%-6.8%
5Y-8.2%0.9%-9.1%
10Y-8.9%1.1%-10.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Solartech International Holdings Ltd to the Electrical Equipment & Parts industry mean.
  • -19.8% Return on Equity means Solartech International Holdings Ltd generated $-0.20 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -19.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -19.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-19.8%TTM-19.8%0.0%
TTM-19.8%YOY-9.4%-10.4%
TTM-19.8%5Y-11.4%-8.4%
5Y-11.4%10Y-11.4%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-19.8%1.8%-21.6%
TTM-19.8%1.9%-21.7%
YOY-9.4%1.7%-11.1%
5Y-11.4%1.8%-13.2%
10Y-11.4%2.0%-13.4%

1.2. Operating Efficiency of Solartech International Holdings Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Solartech International Holdings Ltd is operating .

  • Measures how much profit Solartech 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 Solartech International Holdings Ltd to the Electrical Equipment & Parts industry mean.
  • An Operating Margin of -41.1% means the company generated $-0.41  for each $1 in revenue (before taxes).

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

  • The MRQ is -41.1%. The company is operating very inefficient. -2
  • The TTM is -41.1%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-41.1%TTM-41.1%0.0%
TTM-41.1%YOY-17.4%-23.7%
TTM-41.1%5Y-19.2%-21.9%
5Y-19.2%10Y-17.1%-2.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-41.1%6.7%-47.8%
TTM-41.1%3.3%-44.4%
YOY-17.4%4.3%-21.7%
5Y-19.2%4.8%-24.0%
10Y-17.1%3.7%-20.8%
1.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • An Operation Ratio of 2.12 means that the operating costs are $2.12 for each $1 in net sales.

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

  • The MRQ is 2.120. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.120. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.120TTM2.1200.000
TTM2.120YOY1.888+0.232
TTM2.1205Y1.704+0.416
5Y1.70410Y1.428+0.276
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1201.656+0.464
TTM2.1201.679+0.441
YOY1.8881.676+0.212
5Y1.7041.631+0.073
10Y1.4281.348+0.080

1.3. Liquidity of Solartech International Holdings Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A Current Ratio of 1.03 means the company has $1.03 in assets for each $1 in short-term debts.

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

  • The MRQ is 1.027. The company is just able to pay all its short-term debts.
  • The TTM is 1.027. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.027TTM1.0270.000
TTM1.027YOY1.217-0.190
TTM1.0275Y1.323-0.296
5Y1.32310Y1.904-0.581
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0271.912-0.885
TTM1.0271.884-0.857
YOY1.2171.915-0.698
5Y1.3231.994-0.671
10Y1.9041.645+0.259
1.3.2. Quick Ratio

Measures if Solartech 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 Solartech International Holdings Ltd to the Electrical Equipment & Parts industry mean.
  • A Quick Ratio of 0.45 means the company can pay off $0.45 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 0.452. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.452. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.452TTM0.4520.000
TTM0.452YOY0.535-0.082
TTM0.4525Y0.837-0.384
5Y0.83710Y1.280-0.443
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4520.887-0.435
TTM0.4520.893-0.441
YOY0.5350.962-0.427
5Y0.8370.982-0.145
10Y1.2800.985+0.295

1.4. Solvency of Solartech International Holdings Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Solartech International Holdings Ltd to Electrical Equipment & Parts industry mean.
  • A Debt to Asset Ratio of 0.39 means that Solartech International Holdings Ltd assets are financed with 38.5% credit (debt) and the remaining percentage (100% - 38.5%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.385. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.385. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.385TTM0.3850.000
TTM0.385YOY0.356+0.029
TTM0.3855Y0.307+0.078
5Y0.30710Y0.235+0.072
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3850.434-0.049
TTM0.3850.448-0.063
YOY0.3560.438-0.082
5Y0.3070.443-0.136
10Y0.2350.432-0.197
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Solartech International Holdings Ltd to the Electrical Equipment & Parts industry mean.
  • A Debt to Equity ratio of 62.7% means that company has $0.63 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.627. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.627. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.627TTM0.6270.000
TTM0.627YOY0.554+0.073
TTM0.6275Y0.454+0.173
5Y0.45410Y0.325+0.130
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6270.760-0.133
TTM0.6270.812-0.185
YOY0.5540.799-0.245
5Y0.4540.821-0.367
10Y0.3250.837-0.512

2. Market Valuation of Solartech 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 Solartech International Holdings Ltd generates.

  • Above 15 is considered overpriced but always compare Solartech International Holdings Ltd to the Electrical Equipment & Parts industry mean.
  • A PE ratio of -0.53 means the investor is paying $-0.53 for every $1 in earnings.

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

  • The EOD is -0.243. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.525. Based on the earnings, the company is expensive. -2
  • The TTM is -0.525. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.243MRQ-0.525+0.283
MRQ-0.525TTM-0.5250.000
TTM-0.525YOY-1.951+1.426
TTM-0.5255Y-0.523-0.003
5Y-0.52310Y-12.424+11.901
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD-0.24314.955-15.198
MRQ-0.52513.194-13.719
TTM-0.52514.274-14.799
YOY-1.95116.023-17.974
5Y-0.52317.732-18.255
10Y-12.42423.116-35.540
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 3.916. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.484. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 8.484. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.916MRQ8.484-4.568
MRQ8.484TTM8.4840.000
TTM8.484YOY-1.490+9.974
TTM8.4845Y-0.784+9.268
5Y-0.78410Y-9.704+8.920
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD3.9164.652-0.736
MRQ8.4844.051+4.433
TTM8.4842.220+6.264
YOY-1.490-2.139+0.649
5Y-0.784-0.110-0.674
10Y-9.7040.056-9.760
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A PB ratio of 0.10 means the investor is paying $0.10 for each $1 in book value.

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

  • The EOD is 0.048. Based on the equity, the company is cheap. +2
  • The MRQ is 0.104. Based on the equity, the company is cheap. +2
  • The TTM is 0.104. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.048MRQ0.104-0.056
MRQ0.104TTM0.1040.000
TTM0.104YOY0.183-0.079
TTM0.1045Y0.136-0.032
5Y0.13610Y0.607-0.471
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD0.0481.912-1.864
MRQ0.1042.042-1.938
TTM0.1042.149-2.045
YOY0.1832.256-2.073
5Y0.1362.376-2.240
10Y0.6072.810-2.203
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Solartech 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---0.084-0.0840%-0.047-45%-0.043-49%-0.026-70%
Book Value Per Share--0.3740.3740%0.459-18%0.447-16%0.540-31%
Current Ratio--1.0271.0270%1.217-16%1.323-22%1.904-46%
Debt To Asset Ratio--0.3850.3850%0.356+8%0.307+26%0.235+64%
Debt To Equity Ratio--0.6270.6270%0.554+13%0.454+38%0.325+93%
Dividend Per Share----0%-0%-0%-0%
Eps---0.074-0.0740%-0.043-42%-0.048-36%-0.059-20%
Free Cash Flow Per Share--0.0050.0050%-0.056+1327%-0.025+652%-0.038+932%
Free Cash Flow To Equity Per Share---0.006-0.0060%-0.034+454%-0.016+158%-0.016+151%
Gross Profit Margin--1.0001.0000%1.0000%1.016-2%1.069-6%
Intrinsic Value_10Y_max--0.220--------
Intrinsic Value_10Y_min---0.116--------
Intrinsic Value_1Y_max---0.014--------
Intrinsic Value_1Y_min---0.032--------
Intrinsic Value_3Y_max---0.014--------
Intrinsic Value_3Y_min---0.079--------
Intrinsic Value_5Y_max--0.018--------
Intrinsic Value_5Y_min---0.107--------
Market Cap42741540.864-117%92606748.00092606748.0000%199460688.000-54%145796264.800-36%882612878.768-90%
Net Profit Margin---0.471-0.4710%-0.217-54%-0.354-25%-0.304-35%
Operating Margin---0.411-0.4110%-0.174-58%-0.192-53%-0.171-58%
Operating Ratio--2.1202.1200%1.888+12%1.704+24%1.428+49%
Pb Ratio0.048-117%0.1040.1040%0.183-43%0.136-23%0.607-83%
Pe Ratio-0.243+54%-0.525-0.5250%-1.951+271%-0.523-1%-12.424+2264%
Price Per Share0.018-117%0.0390.0390%0.084-54%0.061-36%0.372-90%
Price To Free Cash Flow Ratio3.916-117%8.4848.4840%-1.490+118%-0.784+109%-9.704+214%
Price To Total Gains Ratio-0.214+54%-0.463-0.4630%-1.798+289%-0.586+27%-2.246+385%
Quick Ratio--0.4520.4520%0.535-15%0.837-46%1.280-65%
Return On Assets---0.122-0.1220%-0.060-50%-0.082-32%-0.089-27%
Return On Equity---0.198-0.1980%-0.094-53%-0.114-42%-0.114-43%
Total Gains Per Share---0.084-0.0840%-0.047-45%-0.043-49%-0.026-70%
Usd Book Value--113640271.200113640271.2000%139217907.600-18%135511349.760-16%163746638.280-31%
Usd Book Value Change Per Share---0.011-0.0110%-0.006-45%-0.005-49%-0.003-70%
Usd Book Value Per Share--0.0480.0480%0.059-18%0.057-16%0.069-31%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.009-0.0090%-0.006-42%-0.006-36%-0.008-20%
Usd Free Cash Flow--1394937.0001394937.0000%-17109225.000+1327%-7694403.480+652%-11603268.720+932%
Usd Free Cash Flow Per Share--0.0010.0010%-0.007+1327%-0.003+652%-0.005+932%
Usd Free Cash Flow To Equity Per Share---0.001-0.0010%-0.004+454%-0.002+158%-0.002+151%
Usd Market Cap5462368.922-117%11835142.39411835142.3940%25491075.926-54%18632762.641-36%112797925.907-90%
Usd Price Per Share0.002-117%0.0050.0050%0.011-54%0.008-36%0.048-90%
Usd Profit---22524238.800-22524238.8000%-13063460.400-42%-14475650.400-36%-17957459.160-20%
Usd Revenue--47837584.80047837584.8000%60260383.800-21%48162477.960-1%64534565.340-26%
Usd Total Gains Per Share---0.011-0.0110%-0.006-45%-0.005-49%-0.003-70%
 EOD+4 -4MRQTTM+0 -0YOY+8 -255Y+9 -2510Y+8 -26

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.243
Price to Book Ratio (EOD)Between0-10.048
Net Profit Margin (MRQ)Greater than0-0.471
Operating Margin (MRQ)Greater than0-0.411
Quick Ratio (MRQ)Greater than10.452
Current Ratio (MRQ)Greater than11.027
Debt to Asset Ratio (MRQ)Less than10.385
Debt to Equity Ratio (MRQ)Less than10.627
Return on Equity (MRQ)Greater than0.15-0.198
Return on Assets (MRQ)Greater than0.05-0.122
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.018
Total0/1 (0.0%)



Reversals in quarterly reports

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

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Minority Interest  -8,223-282-8,5056,792-1,713688-1,0251,538513



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in HKD. All numbers in thousands.

Summary
Total Assets1,446,860
Total Liabilities557,656
Total Stockholder Equity889,204
 As reported
Total Liabilities 557,656
Total Stockholder Equity+ 889,204
Total Assets = 1,446,860

Assets

Total Assets1,446,860
Total Current Assets352,088
Long-term Assets1,094,772
Total Current Assets
Cash And Cash Equivalents 85,665
Short-term Investments 5,930
Net Receivables 57,642
Inventory 23,818
Other Current Assets 15,572
Total Current Assets  (as reported)352,088
Total Current Assets  (calculated)188,627
+/- 163,461
Long-term Assets
Property Plant Equipment 420,895
Intangible Assets 394,772
Long-term Assets  (as reported)1,094,772
Long-term Assets  (calculated)815,667
+/- 279,105

Liabilities & Shareholders' Equity

Total Current Liabilities342,925
Long-term Liabilities215,780
Total Stockholder Equity889,204
Total Current Liabilities
Short-term Debt 13,614
Short Long Term Debt 129,177
Accounts payable 55,173
Other Current Liabilities 157,313
Total Current Liabilities  (as reported)342,925
Total Current Liabilities  (calculated)355,277
+/- 12,352
Long-term Liabilities
Long term Debt Total 133,562
Other Liabilities 82,218
Long-term Liabilities  (as reported)215,780
Long-term Liabilities  (calculated)215,780
+/-0
Total Stockholder Equity
Common Stock23,745
Retained Earnings -1,652,242
Capital Surplus 1,828,432
Other Stockholders Equity 76,909
Total Stockholder Equity (as reported)889,204
Total Stockholder Equity (calculated)276,844
+/- 612,360
Other
Capital Stock23,745
Cash and Short Term Investments 91,595
Common Stock Shares Outstanding 2,374,532
Liabilities and Stockholders Equity 1,446,860
Net Debt 175,276
Net Invested Capital 1,150,145
Net Tangible Assets 494,432
Net Working Capital 9,163
Property Plant and Equipment Gross 1,193,837



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-302000-06-30
> Total Assets 
1,288,947
1,178,735
1,176,754
1,131,161
1,269,206
1,455,820
2,119,212
2,434,169
1,711,043
1,110,281
2,323,348
2,055,907
2,220,516
1,840,678
2,030,718
1,771,053
1,788,873
1,728,442
1,654,087
1,401,161
1,380,109
1,764,302
1,692,464
1,446,860
1,446,8601,692,4641,764,3021,380,1091,401,1611,654,0871,728,4421,788,8731,771,0532,030,7181,840,6782,220,5162,055,9072,323,3481,110,2811,711,0432,434,1692,119,2121,455,8201,269,2061,131,1611,176,7541,178,7351,288,947
   > Total Current Assets 
0
0
0
571,081
744,529
892,455
1,394,525
1,613,524
729,816
557,176
618,404
558,707
524,254
500,485
652,955
536,042
542,235
523,385
450,494
361,402
339,773
474,137
361,571
352,088
352,088361,571474,137339,773361,402450,494523,385542,235536,042652,955500,485524,254558,707618,404557,176729,8161,613,5241,394,525892,455744,529571,081000
       Cash And Cash Equivalents 
280,723
222,183
137,871
108,830
143,630
140,806
358,508
286,070
85,817
146,578
267,232
221,082
191,727
176,376
268,497
162,463
181,247
61,987
87,065
59,992
63,634
66,925
71,346
85,665
85,66571,34666,92563,63459,99287,06561,987181,247162,463268,497176,376191,727221,082267,232146,57885,817286,070358,508140,806143,630108,830137,871222,183280,723
       Short-term Investments 
0
4,024
36,305
10,241
23,107
48,331
67,180
2,034
1,702
48,136
49,988
39,713
26,601
44,334
50,186
48,032
79,577
54,935
59,522
26,699
8,768
5,091
6,798
5,930
5,9306,7985,0918,76826,69959,52254,93579,57748,03250,18644,33426,60139,71349,98848,1361,7022,03467,18048,33123,10710,24136,3054,0240
       Net Receivables 
291,417
243,462
246,957
269,113
3,933
397,713
589,383
118,187
25,880
226,272
216,323
212,092
176,673
192,576
194,535
6,937
203,360
227,725
168,842
201,634
216,181
84,612
74,017
57,642
57,64274,01784,612216,181201,634168,842227,725203,3606,937194,535192,576176,673212,092216,323226,27225,880118,187589,383397,7133,933269,113246,957243,462291,417
       Other Current Assets 
0
0
0
0
0
963
2,596
3,367
5,472
6,042
22,400
13,020
5,760
7,035
6,860
2,413
19,753
152,531
22,982
20,339
2,219
72,150
0
15,572
15,572072,1502,21920,33922,982152,53119,7532,4136,8607,0355,76013,02022,4006,0425,4723,3672,59696300000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,246,638
1,205,057
1,203,593
1,039,759
1,040,336
1,290,165
1,330,893
1,094,772
1,094,7721,330,8931,290,1651,040,3361,039,7591,203,5931,205,0571,246,6380000000000000000
       Property Plant Equipment 
504,930
481,003
445,368
420,428
458,715
498,460
412,049
611,996
565,207
411,412
294,277
230,971
1,375,685
1,008,694
1,067,661
146,563
144,615
98,955
80,318
58,543
467,862
591,973
516,185
420,895
420,895516,185591,973467,86258,54380,31898,955144,615146,5631,067,6611,008,6941,375,685230,971294,277411,412565,207611,996412,049498,460458,715420,428445,368481,003504,930
       Goodwill 
0
0
54,243
0
0
0
0
23,389
23,389
23,389
0
0
0
0
0
0
57,570
57,570
46,219
0
0
0
0
0
0000046,21957,57057,57000000023,38923,38923,389000054,24300
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
84,686
38,644
145,818
142,854
112,102
68,645
0
0
0
0
000068,645112,102142,854145,81838,64484,68600000000000000
       Intangible Assets 
0
0
54,243
0
0
0
0
23,389
69,844
128,783
1,163,828
1,164,515
1,164,218
803,210
856,160
675,668
482,378
566,787
108,182
100,354
427,349
557,560
486,820
394,772
394,772486,820557,560427,349100,354108,182566,787482,378675,668856,160803,2101,164,2181,164,5151,163,828128,78369,84423,389000054,24300
       Long-term Assets Other 
0
0
0
16,614
64,596
0
283,395
102,868
63,898
-3,893
140,209
-721
0
0
0
0
13,700
200
200
200
0
0
0
0
000020020020013,7000000-721140,209-3,89363,898102,868283,395064,59616,614000
> Total Liabilities 
450,467
425,669
402,530
342,127
451,802
566,343
965,606
1,301,671
629,733
484,281
1,421,276
224,047
325,727
345,857
357,109
226,510
365,883
258,582
254,059
287,140
371,243
564,039
603,122
557,656
557,656603,122564,039371,243287,140254,059258,582365,883226,510357,109345,857325,727224,0471,421,276484,281629,7331,301,671965,606566,343451,802342,127402,530425,669450,467
   > Total Current Liabilities 
426,637
345,134
392,043
330,779
437,906
549,416
877,915
1,235,274
588,891
444,168
368,327
201,490
290,276
308,760
321,153
169,071
210,896
214,318
203,814
219,561
218,288
405,810
297,174
342,925
342,925297,174405,810218,288219,561203,814214,318210,896169,071321,153308,760290,276201,490368,327444,168588,8911,235,274877,915549,416437,906330,779392,043345,134426,637
       Short-term Debt 
0
0
0
210,855
291,568
367,345
555,877
727,686
164,621
324,651
228,596
105,089
138,636
177,433
158,219
67,747
116,288
121,775
126,141
158,090
113,595
8,960
50,000
13,614
13,61450,0008,960113,595158,090126,141121,775116,28867,747158,219177,433138,636105,089228,596324,651164,621727,686555,877367,345291,568210,855000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
158,365
67,747
116,288
121,775
126,141
158,090
113,595
249,196
180,037
129,177
129,177180,037249,196113,595158,090126,141121,775116,28867,747158,36500000000000000
       Accounts payable 
141,526
113,249
69,697
76,297
102,041
105,501
179,357
110,881
108,527
62,743
153,554
117,299
128,364
102,353
136,121
73,708
93,703
38,463
34,573
23,136
40,056
84,702
54,731
55,173
55,17354,73184,70240,05623,13634,57338,46393,70373,708136,121102,353128,364117,299153,55462,743108,527110,881179,357105,501102,04176,29769,697113,249141,526
       Other Current Liabilities 
11,529
7,755
59,335
40,370
42,511
74,426
140,173
303,862
321,207
191,502
48,770
23,889
22,816
28,788
26,667
27,616
0
54,080
43,100
38,335
61,743
70,026
60,646
157,313
157,31360,64670,02661,74338,33543,10054,080027,61626,66728,78822,81623,88948,770191,502321,207303,862140,17374,42642,51140,37059,3357,75511,529
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
154,987
44,264
50,245
67,579
152,955
159,942
306,610
215,780
215,780306,610159,942152,95567,57950,24544,264154,9870000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
96,900
0
0
14,004
69,294
21,759
157,213
133,562
133,562157,21321,75969,29414,0040096,9000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
36,629
10,342
6,674
0
0
0
0
35,956
57,439
58,087
44,264
50,245
53,575
83,661
138,183
149,397
82,218
82,218149,397138,18383,66153,57550,24544,26458,08757,43935,95600006,67410,34236,6290000000
> Total Stockholder Equity
831,798
746,557
758,012
775,165
803,378
783,833
944,656
942,554
1,083,402
625,500
901,572
1,831,360
1,894,289
1,494,321
1,671,278
1,532,849
1,414,044
1,478,244
1,408,706
1,122,244
1,017,371
1,200,263
1,089,342
889,204
889,2041,089,3421,200,2631,017,3711,122,2441,408,7061,478,2441,414,0441,532,8491,671,2781,494,3211,894,2891,831,360901,572625,5001,083,402942,554944,656783,833803,378775,165758,012746,557831,798
   Common Stock
92,184
132,584
189,584
1,896
2,730
3,924
4,851
4,892
6,037
31,685
47,056
12,613
27,719
1,875
18,899
11,339
19,594
23,512
23,650
23,745
23,745
23,745
23,745
23,745
23,74523,74523,74523,74523,74523,65023,51219,59411,33918,8991,87527,71912,61347,05631,6856,0374,8924,8513,9242,7301,896189,584132,58492,184
   Retained Earnings 
207,558
183,068
0
246,890
159,520
99,549
187,052
164,906
189,099
177,550
-414,821
183,046
76,914
-311,824
-349,533
-703,005
-977,950
-1,048,147
-1,131,502
-1,425,661
-1,567,013
-1,383,648
-1,484,348
-1,652,242
-1,652,242-1,484,348-1,383,648-1,567,013-1,425,661-1,131,502-1,048,147-977,950-703,005-349,533-311,82476,914183,046-414,821177,550189,099164,906187,05299,549159,520246,8900183,068207,558
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,318,409
2,429,105
2,435,983
2,440,792
2,440,792
2,440,792
1,828,432
1,828,432
1,828,4321,828,4322,440,7922,440,7922,440,7922,435,9832,429,1052,318,4090000000000000000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-10,246
37,708
-15,178
68,908
75,709
78,490
114,969
119,374
109,153
76,909
76,909109,153119,374114,96978,49075,70968,908-15,17837,708-10,24600000000000000



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, 2023-06-30)

Gross Profit (+$)
totalRevenue374,316
Cost of Revenue-362,161
Gross Profit12,15512,155
 
Operating Income (+$)
Gross Profit12,155
Operating Expense-431,439
Operating Income-136,701-419,284
 
Operating Expense (+$)
Research Development0
Selling General Administrative73,887
Selling And Marketing Expenses0
Operating Expense431,43973,887
 
Net Interest Income (+$)
Interest Income27,497
Interest Expense-10,052
Other Finance Cost-23,228
Net Interest Income-5,783
 
Pretax Income (+$)
Operating Income-136,701
Net Interest Income-5,783
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-164,198-136,701
EBIT - interestExpense = -163,828
-163,685
-166,194
Interest Expense10,052
Earnings Before Interest and Taxes (EBIT)-153,776-154,146
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-164,198
Tax Provision-12,561
Net Income From Continuing Ops-176,759-176,759
Net Income-176,246
Net Income Applicable To Common Shares-176,246
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net05,783
 

Technical Analysis of Solartech 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 Solartech International Holdings Ltd. The general trend of Solartech 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 Solartech 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 Solartech 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: 0.019 < 0.022 < 0.025.

The bearish price targets are: 0.017.

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Solartech 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 Solartech 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

Solartech 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 Solartech International Holdings Ltd.

Solartech International Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) ChartSolartech 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 Solartech International Holdings Ltd. The current adx is .

Solartech 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 Solartech International Holdings Ltd.

Solartech 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 Solartech International Holdings Ltd.

Solartech International Holdings Ltd Daily Relative Strength Index (RSI) ChartSolartech 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 Solartech International Holdings Ltd.

Solartech International Holdings Ltd Daily Stochastic Oscillator ChartSolartech 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 Solartech International Holdings Ltd.

Solartech International Holdings Ltd Daily Commodity Channel Index (CCI) ChartSolartech 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 Solartech International Holdings Ltd.

Solartech International Holdings Ltd Daily Chande Momentum Oscillator (CMO) ChartSolartech 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 Solartech International Holdings Ltd.

Solartech International Holdings Ltd Daily Williams %R ChartSolartech 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 Solartech International Holdings Ltd.

Solartech 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 Solartech International Holdings Ltd.

Solartech International Holdings Ltd Daily Average True Range (ATR) ChartSolartech 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 Solartech International Holdings Ltd.

Solartech International Holdings Ltd Daily On-Balance Volume (OBV) ChartSolartech 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 Solartech International Holdings Ltd.

Solartech International Holdings Ltd Daily Money Flow Index (MFI) ChartSolartech International Holdings Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Solartech 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
2023-11-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-23MACD 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-03DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-11SAR 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25CCI 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).
2024-01-26RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-06MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-05DMI 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).
2024-03-06MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Solartech International Holdings Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.018
Total0/1 (0.0%)
Penke

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