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Xiwang Special Steel Co Ltd
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PenkeI guess you are interested in Xiwang Special Steel Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

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

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Quick analysis of Xiwang Special Steel Co Ltd (30 sec.)










What can you expect buying and holding a share of Xiwang Special Steel Co 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$2.04
Expected worth in 1 year
HK$-0.38
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
HK$-2.42
Return On Investment
-24,168.1%

For what price can you sell your share?

Current Price per Share
HK$0.01
Expected price per share
HK$0.01 - HK$0.01
How sure are you?
50%

1. Valuation of Xiwang Special Steel Co Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$0.01

Intrinsic Value Per Share

HK$-8.23 - HK$-1.26

Total Value Per Share

HK$-6.19 - HK$0.78

2. Growth of Xiwang Special Steel Co Ltd (5 min.)




Is Xiwang Special Steel Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$617m$799.9m-$182.9m-29.6%

How much money is Xiwang Special Steel Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$183.7m$8.9m-$192.7m-104.9%
Net Profit Margin-9.2%0.3%--

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

3. Financial Health of Xiwang Special Steel Co Ltd (5 min.)




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




  Industry Rankings (Steel)  

What can you expect buying and holding a share of Xiwang Special Steel Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Xiwang Special Steel Co Ltd?

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

Speculation

The Price per Share of Xiwang Special Steel Co Ltd is HK$0.01. 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 Xiwang Special Steel Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$2.04. Based on the TTM, the Book Value Change Per Share is HK$-0.60 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.02 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 Xiwang Special Steel Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps-0.08-775.7%-0.08-775.7%0.0038.0%0.00-30.8%0.01112.4%
Usd Book Value Change Per Share-0.08-772.2%-0.08-772.2%0.0031.4%-0.01-79.8%0.0197.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.0036.3%0.0159.7%
Usd Total Gains Per Share-0.08-772.2%-0.08-772.2%0.0031.4%0.00-43.5%0.02157.6%
Usd Price Per Share0.02-0.02-0.05-0.07-0.11-
Price to Earnings Ratio-0.27--0.27-12.29-23.44-15.51-
Price-to-Total Gains Ratio-0.27--0.27-14.84-20.67-13.70-
Price to Book Ratio0.08-0.08-0.14-0.22-0.43-
Price-to-Total Gains Ratio-0.27--0.27-14.84-20.67-13.70-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.001278
Number of shares782472
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.08-0.01
Usd Total Gains Per Share-0.080.00
Gains per Quarter (782472 shares)-60,420.33-3,407.60
Gains per Year (782472 shares)-241,681.30-13,630.39
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-241681-24169111354-24984-13640
20-483363-48337222707-49968-27270
30-725044-72505334061-74952-40900
40-966725-96673445414-99936-54530
50-1208407-120841556768-124920-68160
60-1450088-145009668122-149904-81790
70-1691769-169177779475-174888-95420
80-1933450-193345890829-199872-109050
90-2175132-2175139102183-224856-122680
100-2416813-2416820113536-249840-136310

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%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%14.01.00.093.3%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%13.02.00.086.7%
Dividend per Share0.00.01.00.0%0.00.03.00.0%1.00.04.020.0%6.00.04.060.0%7.00.08.046.7%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%13.02.00.086.7%

Fundamentals of Xiwang Special Steel Co Ltd

About Xiwang Special Steel Co Ltd

Xiwang Special Steel Company Limited, together with its subsidiaries, engages in the manufacture and sale of electric arc furnace-based special steel products in China. The company operates through four segments: Ordinary Steel, Special Steel, Trading of Commodities, and By-Products. It produces ordinary steel products, such as rebars primarily for use in building construction and infrastructure projects; and ribbed and plain wire rods for use in making of coil, spring, electronic, and precise machinery parts. The company also offers carbon structural steel products, including steel billets, bars, and wires primarily for buildings and infrastructures; alloy structural steel products for machineries; bearing steel wires and bars for manufacturing rollers or ball bearings for the automobile industry; and steel ingots. In addition, it trades in commodities, including iron ore dust, pellets, steel billets, and coke; sells by-products, such as steel slag, steam, and electricity; and produces and sells steel scraps. Further, the company is also involved in research and development activities. The company was founded in 2003 and is headquartered in Binzhou, China.

Fundamental data was last updated by Penke on 2024-03-25 05:46:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a 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 unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Xiwang Special Steel Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Xiwang Special Steel Co Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Xiwang Special Steel Co Ltd to the Steel industry mean.
  • A Net Profit Margin of -9.2% means that $-0.09 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Xiwang Special Steel Co Ltd:

  • The MRQ is -9.2%. The company is making a loss. -1
  • The TTM is -9.2%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-9.2%TTM-9.2%0.0%
TTM-9.2%YOY0.3%-9.5%
TTM-9.2%5Y-0.1%-9.1%
5Y-0.1%10Y2.4%-2.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.2%2.6%-11.8%
TTM-9.2%2.9%-12.1%
YOY0.3%4.8%-4.5%
5Y-0.1%3.5%-3.6%
10Y2.4%2.9%-0.5%
1.1.2. Return on Assets

Shows how efficient Xiwang Special Steel Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Xiwang Special Steel Co Ltd to the Steel industry mean.
  • -8.8% Return on Assets means that Xiwang Special Steel Co Ltd generated $-0.09 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Xiwang Special Steel Co Ltd:

  • The MRQ is -8.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -8.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-8.8%TTM-8.8%0.0%
TTM-8.8%YOY0.4%-9.2%
TTM-8.8%5Y-0.3%-8.5%
5Y-0.3%10Y1.7%-2.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.8%1.1%-9.9%
TTM-8.8%1.2%-10.0%
YOY0.4%1.9%-1.5%
5Y-0.3%1.3%-1.6%
10Y1.7%1.0%+0.7%
1.1.3. Return on Equity

Shows how efficient Xiwang Special Steel Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Xiwang Special Steel Co Ltd to the Steel industry mean.
  • -29.8% Return on Equity means Xiwang Special Steel Co Ltd generated $-0.30 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Xiwang Special Steel Co Ltd:

  • The MRQ is -29.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -29.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-29.8%TTM-29.8%0.0%
TTM-29.8%YOY1.1%-30.9%
TTM-29.8%5Y-2.4%-27.4%
5Y-2.4%10Y4.1%-6.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-29.8%2.0%-31.8%
TTM-29.8%2.2%-32.0%
YOY1.1%3.8%-2.7%
5Y-2.4%2.4%-4.8%
10Y4.1%1.8%+2.3%

1.2. Operating Efficiency of Xiwang Special Steel Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Xiwang Special Steel Co Ltd is operating .

  • Measures how much profit Xiwang Special Steel Co Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Xiwang Special Steel Co Ltd to the Steel industry mean.
  • An Operating Margin of -8.8% means the company generated $-0.09  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Xiwang Special Steel Co Ltd:

  • The MRQ is -8.8%. The company is operating very inefficient. -2
  • The TTM is -8.8%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-8.8%TTM-8.8%0.0%
TTM-8.8%YOY1.5%-10.3%
TTM-8.8%5Y2.1%-10.9%
5Y2.1%10Y5.4%-3.3%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.8%5.9%-14.7%
TTM-8.8%3.4%-12.2%
YOY1.5%6.1%-4.6%
5Y2.1%5.6%-3.5%
10Y5.4%4.1%+1.3%
1.2.2. Operating Ratio

Measures how efficient Xiwang Special Steel Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 2.14 means that the operating costs are $2.14 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Xiwang Special Steel Co Ltd:

  • The MRQ is 2.139. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.139. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.139TTM2.1390.000
TTM2.139YOY1.943+0.196
TTM2.1395Y1.575+0.564
5Y1.57510Y1.244+0.330
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1391.706+0.433
TTM2.1391.629+0.510
YOY1.9431.488+0.455
5Y1.5751.527+0.048
10Y1.2441.306-0.062

1.3. Liquidity of Xiwang Special Steel Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Xiwang Special Steel Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 0.31 means the company has $0.31 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Xiwang Special Steel Co Ltd:

  • The MRQ is 0.309. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.309. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.309TTM0.3090.000
TTM0.309YOY0.400-0.090
TTM0.3095Y0.400-0.091
5Y0.40010Y0.365+0.035
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3091.669-1.360
TTM0.3091.736-1.427
YOY0.4001.669-1.269
5Y0.4001.615-1.215
10Y0.3651.436-1.071
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Xiwang Special Steel Co Ltd to the Steel industry mean.
  • A Quick Ratio of 0.04 means the company can pay off $0.04 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Xiwang Special Steel Co Ltd:

  • The MRQ is 0.036. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.036. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.036TTM0.0360.000
TTM0.036YOY0.038-0.002
TTM0.0365Y0.082-0.046
5Y0.08210Y0.096-0.014
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0360.612-0.576
TTM0.0360.647-0.611
YOY0.0380.717-0.679
5Y0.0820.693-0.611
10Y0.0960.633-0.537

1.4. Solvency of Xiwang Special Steel Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Xiwang Special Steel Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Xiwang Special Steel Co Ltd to Steel industry mean.
  • A Debt to Asset Ratio of 0.70 means that Xiwang Special Steel Co Ltd assets are financed with 70.4% credit (debt) and the remaining percentage (100% - 70.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Xiwang Special Steel Co Ltd:

  • The MRQ is 0.704. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.704. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.704TTM0.7040.000
TTM0.704YOY0.642+0.062
TTM0.7045Y0.626+0.078
5Y0.62610Y0.641-0.015
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7040.447+0.257
TTM0.7040.449+0.255
YOY0.6420.477+0.165
5Y0.6260.487+0.139
10Y0.6410.510+0.131
1.4.2. Debt to Equity Ratio

Measures if Xiwang Special Steel Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Xiwang Special Steel Co Ltd to the Steel industry mean.
  • A Debt to Equity ratio of 237.8% means that company has $2.38 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Xiwang Special Steel Co Ltd:

  • The MRQ is 2.378. The company is just not able to pay all its debts with equity.
  • The TTM is 2.378. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.378TTM2.3780.000
TTM2.378YOY1.795+0.582
TTM2.3785Y1.721+0.656
5Y1.72110Y1.825-0.104
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3780.812+1.566
TTM2.3780.848+1.530
YOY1.7950.938+0.857
5Y1.7210.997+0.724
10Y1.8251.192+0.633

2. Market Valuation of Xiwang Special Steel Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Xiwang Special Steel Co Ltd generates.

  • Above 15 is considered overpriced but always compare Xiwang Special Steel Co Ltd to the Steel industry mean.
  • A PE ratio of -0.27 means the investor is paying $-0.27 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Xiwang Special Steel Co Ltd:

  • The EOD is -0.016. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.269. Based on the earnings, the company is expensive. -2
  • The TTM is -0.269. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.016MRQ-0.269+0.252
MRQ-0.269TTM-0.2690.000
TTM-0.269YOY12.288-12.557
TTM-0.2695Y23.438-23.706
5Y23.43810Y15.510+7.927
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD-0.0168.509-8.525
MRQ-0.2697.916-8.185
TTM-0.2697.165-7.434
YOY12.2886.986+5.302
5Y23.4388.371+15.067
10Y15.51011.042+4.468
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Xiwang Special Steel Co Ltd:

  • The EOD is -0.024. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.397. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.397. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.024MRQ-0.397+0.373
MRQ-0.397TTM-0.3970.000
TTM-0.397YOY1.077-1.475
TTM-0.3975Y0.654-1.052
5Y0.65410Y11.538-10.883
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD-0.0243.022-3.046
MRQ-0.3972.944-3.341
TTM-0.3972.158-2.555
YOY1.0771.434-0.357
5Y0.6540.944-0.290
10Y11.5381.561+9.977
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Xiwang Special Steel Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 0.08 means the investor is paying $0.08 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Xiwang Special Steel Co Ltd:

  • The EOD is 0.005. Based on the equity, the company is cheap. +2
  • The MRQ is 0.080. Based on the equity, the company is cheap. +2
  • The TTM is 0.080. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.005MRQ0.080-0.075
MRQ0.080TTM0.0800.000
TTM0.080YOY0.138-0.058
TTM0.0805Y0.217-0.137
5Y0.21710Y0.432-0.215
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD0.0051.005-1.000
MRQ0.0800.953-0.873
TTM0.0800.958-0.878
YOY0.1381.077-0.939
5Y0.2171.064-0.847
10Y0.4321.127-0.695
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Xiwang Special Steel Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.604-0.6040%0.025-2556%-0.062-90%0.077-889%
Book Value Per Share--2.0382.0380%2.642-23%2.530-19%2.181-7%
Current Ratio--0.3090.3090%0.400-23%0.400-23%0.365-15%
Debt To Asset Ratio--0.7040.7040%0.642+10%0.626+12%0.641+10%
Debt To Equity Ratio--2.3782.3780%1.795+32%1.721+38%1.825+30%
Dividend Per Share----0%-0%0.028-100%0.047-100%
Eps---0.607-0.6070%0.030-2143%-0.024-96%0.088-790%
Free Cash Flow Per Share---0.410-0.4100%0.339-221%0.114-461%-0.068-83%
Free Cash Flow To Equity Per Share---0.079-0.0790%-0.058-26%-0.005-93%-0.049-38%
Gross Profit Margin--1.0001.0000%1.0000%0.808+24%0.867+15%
Intrinsic Value_10Y_max---1.262--------
Intrinsic Value_10Y_min---8.229--------
Intrinsic Value_1Y_max--0.062--------
Intrinsic Value_1Y_min---0.286--------
Intrinsic Value_3Y_max--0.043--------
Intrinsic Value_3Y_min---1.331--------
Intrinsic Value_5Y_max---0.150--------
Intrinsic Value_5Y_min---2.884--------
Market Cap23691100.160-1530%386165093.000386165093.0000%864725514.635-55%1354183563.957-71%2067759361.371-81%
Net Profit Margin---0.092-0.0920%0.003-2801%-0.001-99%0.024-485%
Operating Margin---0.088-0.0880%0.015-670%0.021-517%0.054-264%
Operating Ratio--2.1392.1390%1.943+10%1.575+36%1.244+72%
Pb Ratio0.005-1530%0.0800.0800%0.138-42%0.217-63%0.432-81%
Pe Ratio-0.016+94%-0.269-0.2690%12.288-102%23.438-101%15.510-102%
Price Per Share0.010-1530%0.1630.1630%0.365-55%0.572-71%0.873-81%
Price To Free Cash Flow Ratio-0.024+94%-0.397-0.3970%1.077-137%0.654-161%11.538-103%
Price To Total Gains Ratio-0.017+94%-0.270-0.2700%14.839-102%20.669-101%13.695-102%
Quick Ratio--0.0360.0360%0.038-6%0.082-56%0.096-62%
Return On Assets---0.088-0.0880%0.004-2292%-0.003-97%0.017-614%
Return On Equity---0.298-0.2980%0.011-2749%-0.024-92%0.041-827%
Total Gains Per Share---0.604-0.6040%0.025-2556%-0.034-94%0.123-590%
Usd Book Value--617048983.000617048983.0000%799985185.696-23%766025611.011-19%660398541.141-7%
Usd Book Value Change Per Share---0.077-0.0770%0.003-2556%-0.008-90%0.010-889%
Usd Book Value Per Share--0.2600.2600%0.338-23%0.323-19%0.279-7%
Usd Dividend Per Share----0%-0%0.004-100%0.006-100%
Usd Eps---0.078-0.0780%0.004-2143%-0.003-96%0.011-790%
Usd Free Cash Flow---124173972.633-124173972.6330%102564267.042-221%34429824.094-461%-20644383.291-83%
Usd Free Cash Flow Per Share---0.052-0.0520%0.043-221%0.015-461%-0.009-83%
Usd Free Cash Flow To Equity Per Share---0.010-0.0100%-0.007-26%-0.001-93%-0.006-38%
Usd Market Cap3027722.600-1530%49351898.88549351898.8850%110511920.770-55%173064659.474-71%264259646.383-81%
Usd Price Per Share0.001-1530%0.0210.0210%0.047-55%0.073-71%0.112-81%
Usd Profit---183761808.205-183761808.2050%8993291.764-2143%-7303331.222-96%26638154.820-790%
Usd Revenue--1999745292.0351999745292.0350%2643613869.458-24%1990084545.928+0%1580740719.149+27%
Usd Total Gains Per Share---0.077-0.0770%0.003-2556%-0.004-94%0.016-590%
 EOD+3 -5MRQTTM+0 -0YOY+4 -295Y+6 -3010Y+6 -30

3.2. Fundamental Score

Let's check the fundamental score of Xiwang Special Steel Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.016
Price to Book Ratio (EOD)Between0-10.005
Net Profit Margin (MRQ)Greater than0-0.092
Operating Margin (MRQ)Greater than0-0.088
Quick Ratio (MRQ)Greater than10.036
Current Ratio (MRQ)Greater than10.309
Debt to Asset Ratio (MRQ)Less than10.704
Debt to Equity Ratio (MRQ)Less than12.378
Return on Equity (MRQ)Greater than0.15-0.298
Return on Assets (MRQ)Greater than0.05-0.088
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Xiwang Special Steel Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5023.176
Ma 20Greater thanMa 500.010
Ma 50Greater thanMa 1000.010
Ma 100Greater thanMa 2000.010
OpenGreater thanClose0.010
Total0/5 (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.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Income before Tax  1,257,624-1,221,89435,730-18,74416,98644,96161,947-1,876,113-1,814,166
Net Income  1,040,493-1,019,08021,414-1,53819,87650,49470,370-1,508,256-1,437,886
Gross Profit  2,128,334-1,364,980763,353-256,057507,296341,023848,319-1,659,893-811,574
EBIT  1,695,487-1,314,084381,403-149,227232,17685,358317,535-1,687,385-1,369,850
EBITDA  2,172,248-1,306,902865,346-142,357722,989301,0651,024,054-1,899,846-875,792
Operating Income  1,695,487-1,314,084381,403-149,227232,176143,009375,186-1,931,760-1,556,574
Net Income from Continuing Operations  1,040,493-1,019,08021,414-1,53819,87650,49470,370-1,508,256-1,437,886
Net Income Applicable to Common Shares  1,040,493-1,019,08021,414-1,53819,87650,49470,370-1,508,256-1,437,886



Latest Balance Sheet

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

Summary
Total Assets15,070,168
Total Liabilities10,608,252
Total Stockholder Equity4,461,916
 As reported
Total Liabilities 10,608,252
Total Stockholder Equity+ 4,461,916
Total Assets = 15,070,168

Assets

Total Assets15,070,168
Total Current Assets2,931,715
Long-term Assets12,138,453
Total Current Assets
Cash And Cash Equivalents 311,599
Net Receivables 31,061
Inventory 2,225,821
Other Current Assets 269,466
Total Current Assets  (as reported)2,931,715
Total Current Assets  (calculated)2,837,947
+/- 93,768
Long-term Assets
Property Plant Equipment 10,967,218
Intangible Assets 579,736
Other Assets 540,476
Long-term Assets  (as reported)12,138,453
Long-term Assets  (calculated)12,087,430
+/- 51,023

Liabilities & Shareholders' Equity

Total Current Liabilities9,480,732
Long-term Liabilities1,127,520
Total Stockholder Equity4,461,916
Total Current Liabilities
Short-term Debt 134,582
Short Long Term Debt 3,572,992
Accounts payable 2,235,169
Total Current Liabilities  (as reported)9,480,732
Total Current Liabilities  (calculated)5,942,743
+/- 3,537,989
Long-term Liabilities
Long term Debt Total 904,813
Long-term Liabilities  (as reported)1,127,520
Long-term Liabilities  (calculated)904,813
+/- 222,707
Total Stockholder Equity
Common Stock1,369,681
Retained Earnings 3,115,583
Total Stockholder Equity (as reported)4,461,916
Total Stockholder Equity (calculated)4,485,264
+/- 23,348
Other
Capital Stock1,369,681
Cash And Equivalents311,599
Cash and Short Term Investments 311,599
Common Stock Shares Outstanding 2,369,111
Liabilities and Stockholders Equity 15,070,168
Net Debt 4,166,206
Net Invested Capital 8,939,721
Net Working Capital -6,549,017
Property Plant and Equipment Gross 15,480,502



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-31
> Total Assets 
1,208,255
3,854,382
3,144,420
5,732,951
7,541,411
10,408,370
11,236,845
11,639,922
11,929,987
12,667,819
14,396,982
13,445,167
15,369,929
16,168,870
15,070,168
15,070,16816,168,87015,369,92913,445,16714,396,98212,667,81911,929,98711,639,92211,236,84510,408,3707,541,4115,732,9513,144,4203,854,3821,208,255
   > Total Current Assets 
0
0
850,093
2,367,190
2,844,202
2,494,102
2,254,425
1,702,261
1,813,447
1,870,516
3,716,861
2,973,212
3,249,126
4,071,814
2,931,715
2,931,7154,071,8143,249,1262,973,2123,716,8611,870,5161,813,4471,702,2612,254,4252,494,1022,844,2022,367,190850,09300
       Cash And Cash Equivalents 
49,480
25,600
72,528
154,496
370,172
93,316
127,067
271,764
102,459
125,644
935,676
193,849
386,812
332,182
311,599
311,599332,182386,812193,849935,676125,644102,459271,764127,06793,316370,172154,49672,52825,60049,480
       Short-term Investments 
49,460
1,580,474
213,136
745,265
1,376,758
1,124,032
758,020
39,853
21,734
39,271
66,977
0
0
0
0
000066,97739,27121,73439,853758,0201,124,0321,376,758745,265213,1361,580,47449,460
       Net Receivables 
6,502
82,795
114,380
572,027
120,102
143,882
380,350
60,137
137,182
245,877
345,870
542,979
97,059
57,505
31,061
31,06157,50597,059542,979345,870245,877137,18260,137380,350143,882120,102572,027114,38082,7956,502
       Other Current Assets 
243,101
234,636
143,259
473,481
404,336
218,127
125,833
504,179
489,689
662,595
939,321
901,498
492,219
419,272
269,466
269,466419,272492,219901,498939,321662,595489,689504,179125,833218,127404,336473,481143,259234,636243,101
   > Long-term Assets 
0
0
0
0
0
0
0
0
10,116,540
10,797,303
10,680,121
10,471,955
12,120,803
12,097,056
12,138,453
12,138,45312,097,05612,120,80310,471,95510,680,12110,797,30310,116,54000000000
       Property Plant Equipment 
594,531
1,563,151
2,138,647
3,269,488
4,599,585
7,817,528
8,875,432
9,733,333
9,717,889
10,206,774
10,164,532
9,921,324
11,362,781
11,218,814
10,967,218
10,967,21811,218,81411,362,7819,921,32410,164,53210,206,7749,717,8899,733,3338,875,4327,817,5284,599,5853,269,4882,138,6471,563,151594,531
       Long Term Investments 
0
0
0
0
0
0
0
100,000
100,000
100,000
87,593
0
0
0
0
000087,593100,000100,000100,0000000000
       Intangible Assets 
4,487
0
155,680
94,903
92,895
90,919
100,725
98,504
96,283
191,864
179,670
167,900
346,788
477,917
579,736
579,736477,917346,788167,900179,670191,86496,28398,504100,72590,91992,89594,903155,68004,487
       Long-term Assets Other 
0
0
0
0
0
0
0
0
10,116,540
10,797,303
10,680,121
0
0
0
0
000010,680,12110,797,30310,116,54000000000
> Total Liabilities 
1,030,498
3,504,058
2,295,912
3,840,239
4,756,812
7,274,800
7,425,447
7,694,956
7,907,655
7,522,166
8,399,800
7,724,017
9,639,043
10,384,132
10,608,252
10,608,25210,384,1329,639,0437,724,0178,399,8007,522,1667,907,6557,694,9567,425,4477,274,8004,756,8123,840,2392,295,9123,504,0581,030,498
   > Total Current Liabilities 
995,318
3,504,058
2,295,912
2,812,959
3,722,847
6,758,675
6,266,021
5,935,762
6,343,115
5,412,275
7,716,608
7,110,411
8,287,326
10,186,772
9,480,732
9,480,73210,186,7728,287,3267,110,4117,716,6085,412,2756,343,1155,935,7626,266,0216,758,6753,722,8472,812,9592,295,9123,504,058995,318
       Short-term Debt 
0
0
941,200
644,453
590,000
1,257,183
583,026
593,550
3,862,532
2,380,062
4,529,406
3,320,524
3,041,811
447
134,582
134,5824473,041,8113,320,5244,529,4062,380,0623,862,532593,550583,0261,257,183590,000644,453941,20000
       Short Long Term Debt 
0
0
0
0
0
1,942,186
250,000
110,000
3,862,532
2,380,062
4,529,406
3,320,524
3,041,811
3,541,315
3,572,992
3,572,9923,541,3153,041,8113,320,5244,529,4062,380,0623,862,532110,000250,0001,942,18600000
       Accounts payable 
79,973
1,720,097
206,394
1,578,883
2,429,739
1,776,705
2,366,445
1,484,540
1,661,073
1,772,353
1,479,522
1,522,933
2,135,866
2,254,123
2,235,169
2,235,1692,254,1232,135,8661,522,9331,479,5221,772,3531,661,0731,484,5402,366,4451,776,7052,429,7391,578,883206,3941,720,09779,973
       Other Current Liabilities 
507,551
773,591
631,797
589,623
503,913
1,851,749
2,337,771
782,122
780,274
1,066,577
1,404,379
2,002,998
3,071,484
4,355,147
0
04,355,1473,071,4842,002,9981,404,3791,066,577780,274782,1222,337,7711,851,749503,913589,623631,797773,591507,551
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
1,564,540
2,109,891
683,192
613,606
1,351,717
197,360
1,127,520
1,127,520197,3601,351,717613,606683,1922,109,8911,564,54000000000
       Long term Debt Total 
0
0
0
0
0
0
0
420,836
1,399,900
1,926,153
489,081
419,064
1,188,389
33,791
904,813
904,81333,7911,188,389419,064489,0811,926,1531,399,900420,8360000000
       Other Liabilities 
0
0
0
0
0
17,060
417
179,442
164,640
179,337
194,111
194,542
163,328
163,569
0
0163,569163,328194,542194,111179,337164,640179,44241717,06000000
       Deferred Long Term Liability 
0
0
0
0
0
1,057
352
0
0
0
0
0
0
0
0
000000003521,05700000
> Total Stockholder Equity
78,526
350,324
848,508
1,892,712
2,784,599
3,133,570
3,811,398
3,944,966
4,022,332
5,145,653
5,997,182
5,721,150
5,730,886
5,784,738
4,461,916
4,461,9165,784,7385,730,8865,721,1505,997,1825,145,6534,022,3323,944,9663,811,3983,133,5702,784,5991,892,712848,508350,32478,526
   Common Stock
0
0
0
133,392
165,903
165,903
955,833
962,949
962,949
1,091,561
1,287,602
1,369,681
1,369,681
1,369,681
1,369,681
1,369,6811,369,6811,369,6811,369,6811,287,6021,091,561962,949962,949955,833165,903165,903133,392000
   Retained Earnings 
76,746
270,842
763,650
1,672,969
1,411,438
1,587,739
1,874,626
1,998,640
2,307,780
3,104,266
3,652,914
3,377,845
3,392,248
4,145,238
3,115,583
3,115,5834,145,2383,392,2483,377,8453,652,9143,104,2662,307,7801,998,6401,874,6261,587,7391,411,4381,672,969763,650270,84276,746
   Capital Surplus 000000000000000
   Treasury Stock000000000000000
   Other Stockholders Equity 
0
0
0
0
0
80,161
422,430
-8,576
191,804
295,368
300,036
211,727
202,819
4,415,057
18,282
18,2824,415,057202,819211,727300,036295,368191,804-8,576422,43080,16100000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue14,460,271
Cost of Revenue-15,210,270
Gross Profit-749,999-749,999
 
Operating Income (+$)
Gross Profit-749,999
Operating Expense-15,721,117
Operating Income-1,438,475-16,471,116
 
Operating Expense (+$)
Research Development378,848
Selling General Administrative132,855
Selling And Marketing Expenses0
Operating Expense15,721,117511,703
 
Net Interest Income (+$)
Interest Income238,048
Interest Expense-36,707
Other Finance Cost-428,834
Net Interest Income-227,493
 
Pretax Income (+$)
Operating Income-1,438,475
Net Interest Income-227,493
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,676,523-1,438,475
EBIT - interestExpense = -1,302,625
-1,328,792
-1,292,085
Interest Expense36,707
Earnings Before Interest and Taxes (EBIT)-1,265,918-1,639,816
Earnings Before Interest and Taxes (EBITDA)-809,345
 
After tax Income (+$)
Income Before Tax-1,676,523
Tax Provision--347,731
Net Income From Continuing Ops-1,328,792-1,328,792
Net Income-1,328,792
Net Income Applicable To Common Shares-1,328,792
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0227,493
 

Technical Analysis of Xiwang Special Steel Co Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Xiwang Special Steel Co Ltd. The general trend of Xiwang Special Steel Co Ltd is BEARISH with 100.0% 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 Xiwang Special Steel Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
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 Xiwang Special Steel Co Ltd.

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

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

The bullish price targets are: 0.01 < 0.01 < 0.01.

The bearish price targets are: 0.01 > 0.01 > 0.01.

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Xiwang Special Steel Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Xiwang Special Steel Co Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

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

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

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

Xiwang Special Steel Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Xiwang Special Steel Co Ltd. The current macd is 0.0000.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Xiwang Special Steel Co Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Xiwang Special Steel Co Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Xiwang Special Steel Co Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Xiwang Special Steel Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartXiwang Special Steel Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Xiwang Special Steel Co Ltd. The current adx is 46.24.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Xiwang Special Steel Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Xiwang Special Steel Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Xiwang Special Steel Co Ltd. The current sar is 0.01.

Xiwang Special Steel Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Xiwang Special Steel Co Ltd. The current rsi is 23.18. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 1/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
Xiwang Special Steel Co Ltd Daily Relative Strength Index (RSI) ChartXiwang Special Steel Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Xiwang Special Steel Co Ltd. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Xiwang Special Steel Co Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Xiwang Special Steel Co Ltd Daily Stochastic Oscillator ChartXiwang Special Steel Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Xiwang Special Steel Co Ltd. The current cci is -66.66666667.

Xiwang Special Steel Co Ltd Daily Commodity Channel Index (CCI) ChartXiwang Special Steel Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Xiwang Special Steel Co Ltd. The current cmo is 0.

Xiwang Special Steel Co Ltd Daily Chande Momentum Oscillator (CMO) ChartXiwang Special Steel Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Xiwang Special Steel Co Ltd. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Xiwang Special Steel Co Ltd Daily Williams %R ChartXiwang Special Steel Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Xiwang Special Steel Co Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Xiwang Special Steel Co Ltd. The current atr is 0.0000.

Xiwang Special Steel Co Ltd Daily Average True Range (ATR) ChartXiwang Special Steel Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Xiwang Special Steel Co Ltd. The current obv is -463,282,957.

Xiwang Special Steel Co Ltd Daily On-Balance Volume (OBV) ChartXiwang Special Steel Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Xiwang Special Steel Co Ltd. The current mfi is 0.

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

  • MFI < 50: -1
  • MFI < 20: -1
Xiwang Special Steel Co Ltd Daily Money Flow Index (MFI) ChartXiwang Special Steel Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Xiwang Special Steel Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal

6.3. Candlestick Patterns

Xiwang Special Steel Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Xiwang Special Steel Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5023.176
Ma 20Greater thanMa 500.010
Ma 50Greater thanMa 1000.010
Ma 100Greater thanMa 2000.010
OpenGreater thanClose0.010
Total0/5 (0.0%)
Penke

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