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Tex-Ray Industrial Co Ltd
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Let's analyse Tex-Ray Industrial Co Ltd together

PenkeI guess you are interested in Tex-Ray Industrial 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 Tex-Ray Industrial Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Tex-Ray Industrial Co Ltd (30 sec.)










What can you expect buying and holding a share of Tex-Ray Industrial Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
NT$0.00
When do you have the money?
1 year
How often do you get paid?
22.5%

What is your share worth?

Current worth
NT$13.07
Expected worth in 1 year
NT$12.06
How sure are you?
55.0%

+ What do you gain per year?

Total Gains per Share
NT$-1.01
Return On Investment
-9.3%

For what price can you sell your share?

Current Price per Share
NT$10.90
Expected price per share
NT$10.85 - NT$10.90
How sure are you?
50%

1. Valuation of Tex-Ray Industrial Co Ltd (5 min.)




Live pricePrice per Share (EOD)

NT$10.90

Intrinsic Value Per Share

NT$-21.18 - NT$10.77

Total Value Per Share

NT$-8.11 - NT$23.84

2. Growth of Tex-Ray Industrial Co Ltd (5 min.)




Is Tex-Ray Industrial Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$95.5m$101.4m-$5.8m-6.1%

How much money is Tex-Ray Industrial Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1.8m$548.7k-$2.3m-130.3%
Net Profit Margin-5.3%1.0%--

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

3. Financial Health of Tex-Ray Industrial Co Ltd (5 min.)




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




  Industry Rankings (Apparel Manufacturing)  


Richest
#110 / 219

Most Revenue
#134 / 219

Most Profit
#172 / 219

Most Efficient
#171 / 219

What can you expect buying and holding a share of Tex-Ray Industrial Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Tex-Ray Industrial Co Ltd?

First you should know what it really means to hold a share of Tex-Ray Industrial Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Tex-Ray Industrial Co Ltd is NT$10.90. 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 Tex-Ray Industrial 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 Tex-Ray Industrial 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 NT$13.07. Based on the TTM, the Book Value Change Per Share is NT$-0.25 per quarter. Based on the YOY, the Book Value Change Per Share is NT$0.25 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 NT$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Tex-Ray Industrial Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps0.000.0%-0.01-0.1%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.020.2%-0.01-0.1%0.010.1%0.010.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.010.1%0.000.0%0.000.0%
Usd Total Gains Per Share0.020.2%-0.01-0.1%0.010.1%0.010.1%0.010.1%
Usd Price Per Share0.36-0.36-0.42-0.42-0.41-
Price to Earnings Ratio31.24-0.36-472.80-86.09-71.08-
Price-to-Total Gains Ratio21.15--14.95-18.51-17.03-30.62-
Price to Book Ratio0.88-0.89-0.96-1.06-1.12-
Price-to-Total Gains Ratio21.15--14.95-18.51-17.03-30.62-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.34117
Number of shares2931
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.010.01
Usd Total Gains Per Share-0.010.01
Gains per Quarter (2931 shares)-23.1328.50
Gains per Year (2931 shares)-92.50114.01
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-93-1035163104
20-185-196103125218
30-278-289154188332
40-370-382205251446
50-463-475257313560
60-555-568308376674
70-648-661360438788
80-740-754411501902
90-833-8474625641016
100-925-9405146261130

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%6.06.00.050.0%9.011.00.045.0%23.016.01.057.5%38.016.07.062.3%
Book Value Change Per Share1.03.00.025.0%6.06.00.050.0%11.09.00.055.0%20.020.00.050.0%31.030.00.050.8%
Dividend per Share0.00.04.00.0%4.00.08.033.3%4.00.016.020.0%9.00.031.022.5%12.00.049.019.7%
Total Gains per Share1.03.00.025.0%7.05.00.058.3%12.08.00.060.0%22.018.00.055.0%34.027.00.055.7%

Fundamentals of Tex-Ray Industrial Co Ltd

About Tex-Ray Industrial Co Ltd

Tex-Ray Industrial Co., Ltd. engages in weaving, manufacturing, processing, dyeing, spinning, finishing, printing, and trading cottons, textiles, yarns, and fabrics. The company is also involved in the processing and trading of garments; and manufacturing, processing, and trading of ramie and flax. It has operations in Taiwan, the United States, rest of Asia, Mexico, Africa, and internationally. The company was founded in 1978 and is headquartered in Taipei, Taiwan.

Fundamental data was last updated by Penke on 2024-03-25 08:20:03.

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

Valuation

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

1.1. Profitability of Tex-Ray Industrial Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Tex-Ray Industrial Co Ltd earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Tex-Ray Industrial Co Ltd to the Apparel Manufacturing industry mean.
  • A Net Profit Margin of 1.5% means that NT$0.02 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Tex-Ray Industrial Co Ltd:

  • The MRQ is 1.5%. The company is making a profit. +1
  • The TTM is -5.3%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ1.5%TTM-5.3%+6.9%
TTM-5.3%YOY1.0%-6.3%
TTM-5.3%5Y-2.1%-3.2%
5Y-2.1%10Y-1.2%-0.9%
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5%3.1%-1.6%
TTM-5.3%3.2%-8.5%
YOY1.0%3.5%-2.5%
5Y-2.1%2.3%-4.4%
10Y-1.2%2.8%-4.0%
1.1.2. Return on Assets

Shows how efficient Tex-Ray Industrial Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Tex-Ray Industrial Co Ltd to the Apparel Manufacturing industry mean.
  • 0.3% Return on Assets means that Tex-Ray Industrial Co Ltd generated NT$0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Tex-Ray Industrial Co Ltd:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -0.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.3%TTM-0.7%+0.9%
TTM-0.7%YOY0.2%-0.9%
TTM-0.7%5Y-0.2%-0.5%
5Y-0.2%10Y-0.1%-0.1%
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%1.1%-0.8%
TTM-0.7%1.0%-1.7%
YOY0.2%1.0%-0.8%
5Y-0.2%0.9%-1.1%
10Y-0.1%1.2%-1.3%
1.1.3. Return on Equity

Shows how efficient Tex-Ray Industrial Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Tex-Ray Industrial Co Ltd to the Apparel Manufacturing industry mean.
  • 0.7% Return on Equity means Tex-Ray Industrial Co Ltd generated NT$0.01 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Tex-Ray Industrial Co Ltd:

  • The MRQ is 0.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -2.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.7%TTM-2.0%+2.7%
TTM-2.0%YOY0.6%-2.6%
TTM-2.0%5Y-0.5%-1.5%
5Y-0.5%10Y-0.3%-0.2%
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%1.9%-1.2%
TTM-2.0%2.0%-4.0%
YOY0.6%2.0%-1.4%
5Y-0.5%1.5%-2.0%
10Y-0.3%1.8%-2.1%

1.2. Operating Efficiency of Tex-Ray Industrial Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Tex-Ray Industrial Co Ltd is operating .

  • Measures how much profit Tex-Ray Industrial Co Ltd makes for each NT$1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Tex-Ray Industrial Co Ltd to the Apparel Manufacturing industry mean.
  • An Operating Margin of 0.0% means the company generated NT$0.00  for each NT$1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Tex-Ray Industrial Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-1.3%+1.3%
TTM-1.3%YOY2.0%-3.3%
TTM-1.3%5Y1.3%-2.7%
5Y1.3%10Y0.4%+0.9%
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.5%-6.5%
TTM-1.3%4.3%-5.6%
YOY2.0%5.0%-3.0%
5Y1.3%4.2%-2.9%
10Y0.4%4.0%-3.6%
1.2.2. Operating Ratio

Measures how efficient Tex-Ray Industrial Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Apparel Manufacturing industry mean).
  • An Operation Ratio of 1.80 means that the operating costs are NT$1.80 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of Tex-Ray Industrial Co Ltd:

  • The MRQ is 1.802. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.871. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.802TTM1.871-0.069
TTM1.871YOY1.769+0.102
TTM1.8715Y1.811+0.060
5Y1.81110Y1.505+0.306
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8021.414+0.388
TTM1.8711.377+0.494
YOY1.7691.328+0.441
5Y1.8111.282+0.529
10Y1.5051.126+0.379

1.3. Liquidity of Tex-Ray Industrial Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Tex-Ray Industrial Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Apparel Manufacturing industry mean).
  • A Current Ratio of 1.41 means the company has NT$1.41 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of Tex-Ray Industrial Co Ltd:

  • The MRQ is 1.408. The company is just able to pay all its short-term debts.
  • The TTM is 1.467. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.408TTM1.467-0.059
TTM1.467YOY1.366+0.101
TTM1.4675Y1.406+0.061
5Y1.40610Y0.961+0.445
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4081.777-0.369
TTM1.4671.779-0.312
YOY1.3661.862-0.496
5Y1.4061.872-0.466
10Y0.9611.720-0.759
1.3.2. Quick Ratio

Measures if Tex-Ray Industrial 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 Tex-Ray Industrial Co Ltd to the Apparel Manufacturing industry mean.
  • A Quick Ratio of 0.36 means the company can pay off NT$0.36 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Tex-Ray Industrial Co Ltd:

  • The MRQ is 0.359. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.340. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.359TTM0.340+0.019
TTM0.340YOY0.444-0.104
TTM0.3405Y0.449-0.110
5Y0.44910Y0.450-0.001
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3590.685-0.326
TTM0.3400.704-0.364
YOY0.4440.772-0.328
5Y0.4490.817-0.368
10Y0.4500.815-0.365

1.4. Solvency of Tex-Ray Industrial Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Tex-Ray Industrial Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Tex-Ray Industrial Co Ltd to Apparel Manufacturing industry mean.
  • A Debt to Asset Ratio of 0.64 means that Tex-Ray Industrial Co Ltd assets are financed with 64.4% credit (debt) and the remaining percentage (100% - 64.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Tex-Ray Industrial Co Ltd:

  • The MRQ is 0.644. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.636. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.644TTM0.636+0.007
TTM0.636YOY0.622+0.015
TTM0.6365Y0.629+0.007
5Y0.62910Y0.628+0.001
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6440.445+0.199
TTM0.6360.448+0.188
YOY0.6220.452+0.170
5Y0.6290.446+0.183
10Y0.6280.449+0.179
1.4.2. Debt to Equity Ratio

Measures if Tex-Ray Industrial Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Tex-Ray Industrial Co Ltd to the Apparel Manufacturing industry mean.
  • A Debt to Equity ratio of 189.7% means that company has NT$1.90 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Tex-Ray Industrial Co Ltd:

  • The MRQ is 1.897. The company is just able to pay all its debts with equity.
  • The TTM is 1.844. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.897TTM1.844+0.053
TTM1.844YOY1.733+0.111
TTM1.8445Y1.795+0.049
5Y1.79510Y1.881-0.086
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8970.797+1.100
TTM1.8440.806+1.038
YOY1.7330.821+0.912
5Y1.7950.842+0.953
10Y1.8810.900+0.981

2. Market Valuation of Tex-Ray Industrial Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every NT$1 in earnings Tex-Ray Industrial Co Ltd generates.

  • Above 15 is considered overpriced but always compare Tex-Ray Industrial Co Ltd to the Apparel Manufacturing industry mean.
  • A PE ratio of 31.24 means the investor is paying NT$31.24 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Tex-Ray Industrial Co Ltd:

  • The EOD is 29.608. Based on the earnings, the company is overpriced. -1
  • The MRQ is 31.238. Based on the earnings, the company is overpriced. -1
  • The TTM is 0.361. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD29.608MRQ31.238-1.630
MRQ31.238TTM0.361+30.877
TTM0.361YOY472.798-472.437
TTM0.3615Y86.094-85.733
5Y86.09410Y71.080+15.015
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD29.6088.618+20.990
MRQ31.2388.433+22.805
TTM0.3619.541-9.180
YOY472.7987.018+465.780
5Y86.0948.760+77.334
10Y71.08015.441+55.639
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Tex-Ray Industrial Co Ltd:

  • The EOD is 5.355. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.649. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 4.206. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.355MRQ5.649-0.295
MRQ5.649TTM4.206+1.444
TTM4.206YOY-22.828+27.033
TTM4.2065Y-4.183+8.388
5Y-4.18310Y-27.452+23.269
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD5.3551.770+3.585
MRQ5.6491.997+3.652
TTM4.2062.055+2.151
YOY-22.828-0.431-22.397
5Y-4.183-0.335-3.848
10Y-27.4520.182-27.634
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Tex-Ray Industrial Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Apparel Manufacturing industry mean).
  • A PB ratio of 0.88 means the investor is paying NT$0.88 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of Tex-Ray Industrial Co Ltd:

  • The EOD is 0.834. Based on the equity, the company is cheap. +2
  • The MRQ is 0.880. Based on the equity, the company is cheap. +2
  • The TTM is 0.892. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.834MRQ0.880-0.046
MRQ0.880TTM0.892-0.012
TTM0.892YOY0.959-0.067
TTM0.8925Y1.063-0.171
5Y1.06310Y1.119-0.056
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD0.8341.258-0.424
MRQ0.8801.293-0.413
TTM0.8921.391-0.499
YOY0.9591.499-0.540
5Y1.0631.604-0.541
10Y1.1192.142-1.023
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Tex-Ray Industrial 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--0.544-0.252+146%0.250+118%0.171+219%0.070+671%
Book Value Per Share--13.07113.0780%13.879-6%12.590+4%11.801+11%
Current Ratio--1.4081.467-4%1.366+3%1.406+0%0.961+47%
Debt To Asset Ratio--0.6440.636+1%0.622+4%0.629+2%0.628+2%
Debt To Equity Ratio--1.8971.844+3%1.733+9%1.795+6%1.881+1%
Dividend Per Share----0%0.175-100%0.140-100%0.109-100%
Eps--0.092-0.198+315%0.075+23%-0.025+127%-0.016+118%
Free Cash Flow Per Share--0.5090.194+162%0.170+200%0.126+305%-0.010+102%
Free Cash Flow To Equity Per Share--0.5090.055+829%0.464+10%0.167+206%0.225+126%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.975+3%
Intrinsic Value_10Y_max--10.769--------
Intrinsic Value_10Y_min---21.179--------
Intrinsic Value_1Y_max--0.412--------
Intrinsic Value_1Y_min---0.397--------
Intrinsic Value_3Y_max--1.747--------
Intrinsic Value_3Y_min---2.694--------
Intrinsic Value_5Y_max--3.695--------
Intrinsic Value_5Y_min---6.619--------
Market Cap2546512412.800-6%2686687408.0002718810866.600-1%3104292164.200-13%3146435586.096-15%3078930866.488-13%
Net Profit Margin--0.015-0.053+444%0.010+53%-0.021+236%-0.012+179%
Operating Margin----0.0130%0.020-100%0.013-100%0.004-100%
Operating Ratio--1.8021.871-4%1.769+2%1.811-1%1.505+20%
Pb Ratio0.834-6%0.8800.892-1%0.959-8%1.063-17%1.119-21%
Pe Ratio29.608-6%31.2380.361+8552%472.798-93%86.094-64%71.080-56%
Price Per Share10.900-6%11.50011.638-1%13.288-13%13.468-15%13.179-13%
Price To Free Cash Flow Ratio5.355-6%5.6494.206+34%-22.828+504%-4.183+174%-27.452+586%
Price To Total Gains Ratio20.048-6%21.152-14.952+171%18.508+14%17.026+24%30.624-31%
Quick Ratio--0.3590.340+6%0.444-19%0.449-20%0.450-20%
Return On Assets--0.003-0.007+378%0.002+22%-0.002+163%-0.001+137%
Return On Equity--0.007-0.020+371%0.006+27%-0.005+170%-0.003+141%
Total Gains Per Share--0.544-0.252+146%0.425+28%0.311+75%0.179+203%
Usd Book Value--95580434.40095630318.7750%101487253.025-6%92066406.875+4%86293399.663+11%
Usd Book Value Change Per Share--0.017-0.008+146%0.008+118%0.005+219%0.002+671%
Usd Book Value Per Share--0.4090.4090%0.434-6%0.394+4%0.369+11%
Usd Dividend Per Share----0%0.005-100%0.004-100%0.003-100%
Usd Eps--0.003-0.006+315%0.002+23%-0.001+127%-0.001+118%
Usd Free Cash Flow--3721319.6001421747.725+162%1240160.775+200%917910.060+305%-63568.735+102%
Usd Free Cash Flow Per Share--0.0160.006+162%0.005+200%0.004+305%0.000+102%
Usd Free Cash Flow To Equity Per Share--0.0160.002+829%0.015+10%0.005+206%0.007+126%
Usd Market Cap79705838.521-6%84093315.87085098780.125-1%97164344.739-13%98483433.845-15%96370536.121-13%
Usd Price Per Share0.341-6%0.3600.364-1%0.416-13%0.422-15%0.412-13%
Usd Profit--673012.600-1809202.600+369%548759.425+23%-255542.590+138%-154919.350+123%
Usd Revenue--43529348.20037554193.850+16%52547629.400-17%52960557.780-18%54469281.163-20%
Usd Total Gains Per Share--0.017-0.008+146%0.013+28%0.010+75%0.006+203%
 EOD+4 -4MRQTTM+21 -11YOY+20 -155Y+24 -1110Y+23 -13

3.2. Fundamental Score

Let's check the fundamental score of Tex-Ray Industrial Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1529.608
Price to Book Ratio (EOD)Between0-10.834
Net Profit Margin (MRQ)Greater than00.015
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.359
Current Ratio (MRQ)Greater than11.408
Debt to Asset Ratio (MRQ)Less than10.644
Debt to Equity Ratio (MRQ)Less than11.897
Return on Equity (MRQ)Greater than0.150.007
Return on Assets (MRQ)Greater than0.050.003
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Tex-Ray Industrial Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.224
Ma 20Greater thanMa 5010.965
Ma 50Greater thanMa 10010.985
Ma 100Greater thanMa 20011.124
OpenGreater thanClose10.900
Total0/5 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets8,570,538
Total Liabilities5,516,850
Total Stockholder Equity2,907,680
 As reported
Total Liabilities 5,516,850
Total Stockholder Equity+ 2,907,680
Total Assets = 8,570,538

Assets

Total Assets8,570,538
Total Current Assets4,452,032
Long-term Assets4,118,506
Total Current Assets
Cash And Cash Equivalents 2,056,289
Short-term Investments 240,345
Net Receivables 895,252
Inventory 943,437
Other Current Assets 6,107
Total Current Assets  (as reported)4,452,032
Total Current Assets  (calculated)4,141,430
+/- 310,602
Long-term Assets
Property Plant Equipment 2,193,817
Intangible Assets 253,349
Long-term Assets Other 32,040
Long-term Assets  (as reported)4,118,506
Long-term Assets  (calculated)2,479,206
+/- 1,639,300

Liabilities & Shareholders' Equity

Total Current Liabilities3,162,035
Long-term Liabilities2,354,815
Total Stockholder Equity2,907,680
Total Current Liabilities
Short Long Term Debt 2,012,161
Accounts payable 561,603
Other Current Liabilities 11,765
Total Current Liabilities  (as reported)3,162,035
Total Current Liabilities  (calculated)2,585,529
+/- 576,506
Long-term Liabilities
Long term Debt 1,992,610
Capital Lease Obligations Min Short Term Debt214,822
Long-term Liabilities Other 4,921
Long-term Liabilities  (as reported)2,354,815
Long-term Liabilities  (calculated)2,212,353
+/- 142,462
Total Stockholder Equity
Retained Earnings 97,179
Total Stockholder Equity (as reported)2,907,680
Total Stockholder Equity (calculated)97,179
+/- 2,810,501
Other
Capital Stock2,336,247
Common Stock Shares Outstanding 233,625
Net Debt 1,948,482
Net Invested Capital 6,912,451
Net Working Capital 1,289,997
Property Plant and Equipment Gross 2,193,817



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-09-302008-06-302008-03-312007-06-302006-06-302005-06-302004-06-30
> Total Assets 
3,540,987
3,818,810
4,295,029
4,504,216
4,361,776
4,655,492
5,103,488
4,703,194
5,121,966
5,252,467
5,109,788
5,330,439
5,725,019
5,917,137
5,891,945
6,201,240
6,424,381
6,917,708
6,760,801
6,599,182
6,927,789
6,839,422
6,509,518
6,496,640
6,437,388
6,891,674
6,293,337
6,690,258
6,830,026
7,064,607
7,241,018
6,916,417
6,953,609
7,106,358
6,941,863
6,845,795
6,846,826
6,747,319
6,756,343
6,500,457
6,821,386
7,005,608
6,810,702
7,030,638
7,287,545
7,285,320
7,106,634
6,814,836
7,082,309
7,073,735
6,985,119
6,379,121
8,000,722
8,656,043
8,112,920
7,912,860
8,005,510
8,289,425
8,618,265
8,631,186
8,339,548
8,694,026
8,656,489
8,232,833
8,142,892
8,570,538
8,570,5388,142,8928,232,8338,656,4898,694,0268,339,5488,631,1868,618,2658,289,4258,005,5107,912,8608,112,9208,656,0438,000,7226,379,1216,985,1197,073,7357,082,3096,814,8367,106,6347,285,3207,287,5457,030,6386,810,7027,005,6086,821,3866,500,4576,756,3436,747,3196,846,8266,845,7956,941,8637,106,3586,953,6096,916,4177,241,0187,064,6076,830,0266,690,2586,293,3376,891,6746,437,3886,496,6406,509,5186,839,4226,927,7896,599,1826,760,8016,917,7086,424,3816,201,2405,891,9455,917,1375,725,0195,330,4395,109,7885,252,4675,121,9664,703,1945,103,4884,655,4924,361,7764,504,2164,295,0293,818,8103,540,987
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,825,039
3,645,816
3,985,359
4,133,880
3,824,938
3,755,908
4,010,319
4,136,590
4,223,367
3,837,074
4,109,765
4,159,951
3,766,623
3,322,428
4,136,459
4,782,132
4,274,305
4,066,808
4,167,422
4,468,600
4,553,513
4,502,203
4,269,923
4,598,509
4,563,640
4,128,487
4,059,801
4,452,032
4,452,0324,059,8014,128,4874,563,6404,598,5094,269,9234,502,2034,553,5134,468,6004,167,4224,066,8084,274,3054,782,1324,136,4593,322,4283,766,6234,159,9514,109,7653,837,0744,223,3674,136,5904,010,3193,755,9083,824,9384,133,8803,985,3593,645,8163,825,03900000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,028,053
1,148,031
1,192,837
1,010,866
1,073,881
925,236
992,905
707,988
870,864
742,625
720,737
914,519
843,457
721,938
1,010,024
1,268,809
1,368,318
1,349,647
1,216,074
1,354,207
1,343,026
1,336,252
1,315,154
1,725,601
2,144,613
1,784,520
1,712,152
2,056,289
2,056,2891,712,1521,784,5202,144,6131,725,6011,315,1541,336,2521,343,0261,354,2071,216,0741,349,6471,368,3181,268,8091,010,024721,938843,457914,519720,737742,625870,864707,988992,905925,2361,073,8811,010,8661,192,8371,148,0311,028,05300000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
94,561
114,945
36,568
172,287
97,989
190,085
147,595
163,631
149,746
290,692
263,190
249,039
292,456
324,880
347,646
326,850
202,376
197,308
185,134
111,400
172,533
182,404
153,949
191,006
178,190
185,604
263,780
240,345
240,345263,780185,604178,190191,006153,949182,404172,533111,400185,134197,308202,376326,850347,646324,880292,456249,039263,190290,692149,746163,631147,595190,08597,989172,28736,568114,94594,56100000000000000000000000000000000000000
       Net Receivables 
416,120
459,227
645,958
681,987
677,972
781,993
826,400
534,829
816,846
797,419
1,003,119
928,249
1,077,979
1,094,015
1,062,971
908,542
1,033,085
1,315,748
1,199,705
915,033
970,472
1,186,936
1,288,810
1,095,133
1,127,694
1,526,060
1,086,021
968,212
1,084,318
1,342,224
1,236,589
993,192
1,185,827
1,442,952
1,192,564
892,032
1,041,118
1,191,164
1,295,978
901,169
1,093,471
1,412,864
1,308,284
1,012,677
1,213,038
1,478,071
1,303,034
869,889
1,126,708
1,220,614
1,179,840
1,013,057
1,131,382
1,486,261
1,205,444
1,183,753
1,199,505
1,297,189
1,410,154
1,309,970
1,218,355
1,186,192
720,650
703,879
800,295
895,252
895,252800,295703,879720,6501,186,1921,218,3551,309,9701,410,1541,297,1891,199,5051,183,7531,205,4441,486,2611,131,3821,013,0571,179,8401,220,6141,126,708869,8891,303,0341,478,0711,213,0381,012,6771,308,2841,412,8641,093,471901,1691,295,9781,191,1641,041,118892,0321,192,5641,442,9521,185,827993,1921,236,5891,342,2241,084,318968,2121,086,0211,526,0601,127,6941,095,1331,288,8101,186,936970,472915,0331,199,7051,315,7481,033,085908,5421,062,9711,094,0151,077,979928,2491,003,119797,419816,846534,829826,400781,993677,972681,987645,958459,227416,120
       Inventory 
0
0
719,053
872,722
817,052
950,670
744,585
928,422
922,831
967,522
968,892
1,129,103
1,240,408
1,365,931
1,344,879
1,459,092
1,549,412
1,448,574
1,297,538
1,513,461
1,653,761
1,409,634
1,361,908
1,441,032
1,519,576
1,457,007
1,312,215
1,529,590
1,624,478
1,572,314
1,438,823
1,411,591
1,617,289
1,581,164
1,476,297
1,524,876
1,608,024
1,442,194
1,264,204
1,311,163
1,477,637
1,360,182
1,218,331
1,485,477
1,495,643
1,514,076
1,421,077
1,526,845
1,702,634
1,533,869
1,313,042
1,109,455
1,498,136
1,500,050
1,328,599
1,228,300
1,377,510
1,562,458
1,495,212
1,541,273
1,414,187
1,360,051
1,250,817
1,157,124
1,125,158
943,437
943,4371,125,1581,157,1241,250,8171,360,0511,414,1871,541,2731,495,2121,562,4581,377,5101,228,3001,328,5991,500,0501,498,1361,109,4551,313,0421,533,8691,702,6341,526,8451,421,0771,514,0761,495,6431,485,4771,218,3311,360,1821,477,6371,311,1631,264,2041,442,1941,608,0241,524,8761,476,2971,581,1641,617,2891,411,5911,438,8231,572,3141,624,4781,529,5901,312,2151,457,0071,519,5761,441,0321,361,9081,409,6341,653,7611,513,4611,297,5381,448,5741,549,4121,459,0921,344,8791,365,9311,240,4081,129,103968,892967,522922,831928,422744,585950,670817,052872,722719,05300
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,977,762
2,972,544
2,913,784
3,218,496
3,056,693
3,864,263
3,873,911
3,838,615
3,846,052
3,838,088
3,820,825
4,064,752
4,128,983
4,069,625
4,095,517
4,092,849
4,104,346
4,083,091
4,118,506
4,118,5064,083,0914,104,3464,092,8494,095,5174,069,6254,128,9834,064,7523,820,8253,838,0883,846,0523,838,6153,873,9113,864,2633,056,6933,218,4962,913,7842,972,5442,977,76200000000000000000000000000000000000000000000000
       Property Plant Equipment 
945,390
1,110,046
1,207,048
1,165,572
1,148,334
1,150,748
1,191,245
1,158,927
1,265,124
1,266,595
1,323,297
1,333,462
1,440,479
1,522,191
1,654,663
1,753,015
1,836,511
1,762,727
1,950,098
1,745,351
1,821,994
1,827,976
1,860,231
2,025,673
2,014,019
2,034,468
2,072,734
2,124,413
2,102,549
2,103,450
2,158,810
2,192,997
2,149,026
2,157,152
2,091,539
2,094,191
2,209,558
2,200,677
2,351,559
2,272,794
2,266,189
2,240,902
2,364,498
2,407,070
2,413,460
2,319,215
2,248,269
2,400,530
2,404,745
2,364,297
2,421,086
2,416,943
2,297,305
2,305,410
2,234,198
2,247,695
2,256,147
2,247,126
2,265,705
2,297,462
2,238,360
2,219,393
2,237,734
2,228,271
2,192,991
2,193,817
2,193,8172,192,9912,228,2712,237,7342,219,3932,238,3602,297,4622,265,7052,247,1262,256,1472,247,6952,234,1982,305,4102,297,3052,416,9432,421,0862,364,2972,404,7452,400,5302,248,2692,319,2152,413,4602,407,0702,364,4982,240,9022,266,1892,272,7942,351,5592,200,6772,209,5582,094,1912,091,5392,157,1522,149,0262,192,9972,158,8102,103,4502,102,5492,124,4132,072,7342,034,4682,014,0192,025,6731,860,2311,827,9761,821,9941,745,3511,950,0981,762,7271,836,5111,753,0151,654,6631,522,1911,440,4791,333,4621,323,2971,266,5951,265,1241,158,9271,191,2451,150,7481,148,3341,165,5721,207,0481,110,046945,390
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
276,628
272,573
241,049
256,907
259,772
253,657
254,424
258,220
251,798
244,619
255,622
257,942
253,452
251,624
244,783
249,810
236,466
235,634
233,783
229,121
224,469
232,566
231,350
231,567
230,921
231,112
230,004
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000230,004231,112230,921231,567231,350232,566224,469229,121233,783235,634236,466249,810244,783251,624253,452257,942255,622244,619251,798258,220254,424253,657259,772256,907241,049272,573276,62800000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
93,636
106,637
102,699
116,299
103,405
105,243
102,145
106,739
176,034
175,870
175,931
175,568
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000175,568175,931175,870176,034106,739102,145105,243103,405116,299102,699106,63793,63600000000000000000000000000000000000000
       Intangible Assets 
35,413
331,894
320,431
346,203
261,278
313,295
308,866
251,454
370,522
357,508
391,369
374,141
390,254
378,945
333,064
347,019
327,900
335,933
326,764
331,527
324,527
280,090
306,303
317,696
298,245
257,934
274,695
276,787
270,554
274,363
278,221
274,730
270,390
281,086
285,300
280,246
278,118
269,800
273,923
258,766
256,742
254,287
253,957
248,619
26,186
25,060
31,325
261,091
256,464
262,696
0
256,930
267,512
271,049
0
265,663
257,469
253,815
0
252,527
256,373
264,677
0
252,047
252,395
253,349
253,349252,395252,0470264,677256,373252,5270253,815257,469265,6630271,049267,512256,9300262,696256,464261,09131,32525,06026,186248,619253,957254,287256,742258,766273,923269,800278,118280,246285,300281,086270,390274,730278,221274,363270,554276,787274,695257,934298,245317,696306,303280,090324,527331,527326,764335,933327,900347,019333,064378,945390,254374,141391,369357,508370,522251,454308,866313,295261,278346,203320,431331,89435,413
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
57,759
50,392
28,679
10,441
17,241
13,231
8,237
5,060
4,742
5,863
9,078
8,265
9,900
2,738
26,026
36,898
35,157
29,247
32,040
32,04029,24735,15736,89826,0262,7389,9008,2659,0785,8634,7425,0608,23713,23117,24110,44128,67950,39257,75900000000000000000000000000000000000000000000000
> Total Liabilities 
1,855,296
2,016,752
2,443,698
2,327,700
2,485,577
2,849,866
3,284,839
2,927,865
3,230,298
3,376,692
3,229,592
3,406,753
3,801,855
3,827,869
3,966,203
4,185,416
4,381,461
4,456,199
4,363,776
4,209,653
4,440,621
4,237,918
3,913,104
3,904,715
4,054,670
4,496,670
3,920,867
4,289,163
3,876,806
4,042,836
4,109,523
3,900,215
4,083,796
4,192,735
4,198,040
4,175,129
4,231,191
4,139,445
4,364,951
4,306,593
4,614,884
4,795,949
4,593,308
4,670,444
4,989,636
5,029,191
4,571,530
4,298,624
4,558,891
4,606,536
4,415,956
4,234,811
5,305,891
5,502,799
4,780,920
4,573,721
4,698,179
5,233,745
5,511,496
5,324,006
5,073,134
5,404,772
5,437,534
5,211,019
5,216,222
5,516,850
5,516,8505,216,2225,211,0195,437,5345,404,7725,073,1345,324,0065,511,4965,233,7454,698,1794,573,7214,780,9205,502,7995,305,8914,234,8114,415,9564,606,5364,558,8914,298,6244,571,5305,029,1914,989,6364,670,4444,593,3084,795,9494,614,8844,306,5934,364,9514,139,4454,231,1914,175,1294,198,0404,192,7354,083,7963,900,2154,109,5234,042,8363,876,8064,289,1633,920,8674,496,6704,054,6703,904,7153,913,1044,237,9184,440,6214,209,6534,363,7764,456,1994,381,4614,185,4163,966,2033,827,8693,801,8553,406,7533,229,5923,376,6923,230,2982,927,8653,284,8392,849,8662,485,5772,327,7002,443,6982,016,7521,855,296
   > Total Current Liabilities 
1,033,857
1,052,629
1,381,252
1,627,043
1,419,692
2,275,326
1,719,536
1,501,989
1,695,608
1,883,114
1,856,284
2,092,451
2,607,552
2,437,221
3,504,420
3,755,624
2,697,634
2,824,106
2,872,318
3,072,816
3,331,250
3,039,269
2,795,229
2,406,156
2,529,945
2,906,822
2,421,584
2,571,173
2,300,743
2,323,851
2,272,098
2,096,976
2,416,971
2,675,370
2,645,057
2,682,518
2,873,269
2,735,732
2,971,581
2,727,021
2,940,042
3,145,841
2,798,664
3,068,567
3,369,074
3,349,431
3,047,731
2,727,064
2,919,947
2,929,647
2,726,369
2,331,590
3,308,083
3,487,991
3,020,975
2,934,814
2,664,773
3,254,063
3,413,041
3,292,364
2,977,621
3,457,241
2,967,932
2,774,934
2,829,624
3,162,035
3,162,0352,829,6242,774,9342,967,9323,457,2412,977,6213,292,3643,413,0413,254,0632,664,7732,934,8143,020,9753,487,9913,308,0832,331,5902,726,3692,929,6472,919,9472,727,0643,047,7313,349,4313,369,0743,068,5672,798,6643,145,8412,940,0422,727,0212,971,5812,735,7322,873,2692,682,5182,645,0572,675,3702,416,9712,096,9762,272,0982,323,8512,300,7432,571,1732,421,5842,906,8222,529,9452,406,1562,795,2293,039,2693,331,2503,072,8162,872,3182,824,1062,697,6343,755,6243,504,4202,437,2212,607,5522,092,4511,856,2841,883,1141,695,6081,501,9891,719,5362,275,3261,419,6921,627,0431,381,2521,052,6291,033,857
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,946,525
3,136,312
3,263,658
223,497
295,684
443,231
376,302
368,157
329,478
1,696,201
1,790,548
1,701,867
1,642,865
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000001,642,8651,701,8671,790,5481,696,201329,478368,157376,302443,231295,684223,4973,263,6583,136,3122,946,52500000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,946,525
3,136,312
3,263,658
223,497
295,684
443,231
376,302
368,157
329,478
1,696,201
1,790,548
1,701,867
1,642,865
1,458,669
1,528,665
1,539,238
1,540,144
1,709,875
1,335,480
1,586,183
1,967,540
1,975,081
1,822,346
2,152,139
1,839,931
1,805,083
1,808,173
2,012,161
2,012,1611,808,1731,805,0831,839,9312,152,1391,822,3461,975,0811,967,5401,586,1831,335,4801,709,8751,540,1441,539,2381,528,6651,458,6691,642,8651,701,8671,790,5481,696,201329,478368,157376,302443,231295,684223,4973,263,6583,136,3122,946,52500000000000000000000000000000000000000
       Accounts payable 
375,580
382,670
580,200
652,955
543,427
611,623
644,837
221,313
711,556
655,678
528,397
736,668
836,337
847,983
688,709
650,154
810,200
779,670
821,017
886,978
937,519
742,225
778,209
799,397
822,749
982,707
646,187
816,958
705,025
800,510
681,407
656,249
743,527
822,804
538,685
643,688
742,011
766,654
652,823
574,296
695,241
724,597
655,890
605,457
763,309
876,772
842,270
598,345
695,239
729,857
650,723
512,483
865,744
900,608
772,265
647,944
837,349
973,468
881,613
800,811
622,049
699,554
536,277
454,986
465,546
561,603
561,603465,546454,986536,277699,554622,049800,811881,613973,468837,349647,944772,265900,608865,744512,483650,723729,857695,239598,345842,270876,772763,309605,457655,890724,597695,241574,296652,823766,654742,011643,688538,685822,804743,527656,249681,407800,510705,025816,958646,187982,707822,749799,397778,209742,225937,519886,978821,017779,670810,200650,154688,709847,983836,337736,668528,397655,678711,556221,313644,837611,623543,427652,955580,200382,670375,580
       Other Current Liabilities 
227,072
340,875
459,938
605,650
325,123
372,503
371,332
434,175
375,489
378,765
421,328
456,695
501,029
482,223
491,637
459,716
441,495
667,531
657,795
582,753
588,971
561,082
471,736
374,346
462,381
458,761
438,447
400,883
504,362
507,578
481,130
463,387
543,580
445,740
426,351
443,341
398,391
407,070
649,925
483,034
545,716
581,729
506,446
481,784
492,520
509,578
517,436
4,881
5,903
4,353
463,416
370,537
905,353
1,050,810
717,957
584,734
497,691
706,495
511,010
475,064
498,698
580,407
6,981
13,774
462,269
11,765
11,765462,26913,7746,981580,407498,698475,064511,010706,495497,691584,734717,9571,050,810905,353370,537463,4164,3535,9034,881517,436509,578492,520481,784506,446581,729545,716483,034649,925407,070398,391443,341426,351445,740543,580463,387481,130507,578504,362400,883438,447458,761462,381374,346471,736561,082588,971582,753657,795667,531441,495459,716491,637482,223501,029456,695421,328378,765375,489434,175371,332372,503325,123605,650459,938340,875227,072
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,571,560
1,638,944
1,676,889
1,689,587
1,903,221
1,997,808
2,014,808
1,759,945
1,638,907
2,033,406
1,979,682
2,098,455
2,031,642
2,095,513
1,947,531
2,469,602
2,436,085
2,386,598
2,354,815
2,354,8152,386,5982,436,0852,469,6021,947,5312,095,5132,031,6422,098,4551,979,6822,033,4061,638,9071,759,9452,014,8081,997,8081,903,2211,689,5871,676,8891,638,9441,571,56000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-2,946,525
-3,136,312
-3,263,658
-223,497
-295,684
-443,231
-376,302
-368,157
-329,478
-1,624,357
-1,724,167
-1,646,673
-1,563,751
130,229
119,008
109,253
90,675
86,315
79,277
73,768
223,052
238,511
219,807
209,171
251,473
237,139
222,848
214,822
214,822222,848237,139251,473209,171219,807238,511223,05273,76879,27786,31590,675109,253119,008130,229-1,563,751-1,646,673-1,724,167-1,624,357-329,478-368,157-376,302-443,231-295,684-223,497-3,263,658-3,136,312-2,946,52500000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
89,058
87,703
84,404
85,375
14,510
11,826
14,250
22,687
18,657
18,650
16,746
16,966
17,907
14,755
15,222
4,430
6,445
4,314
4,921
4,9214,3146,4454,43015,22214,75517,90716,96616,74618,65018,65722,68714,25011,82614,51085,37584,40487,70389,05800000000000000000000000000000000000000000000000
> Total Stockholder Equity
1,685,691
1,709,081
1,778,061
2,075,806
1,797,669
1,707,153
1,720,006
1,683,291
1,722,633
1,718,536
1,717,433
1,762,842
1,739,025
1,914,985
1,771,668
1,842,249
1,855,239
1,917,246
1,857,129
1,880,674
1,866,378
1,914,245
1,923,805
2,038,672
1,839,438
1,864,918
1,874,243
1,918,146
2,367,133
2,431,967
2,531,998
2,444,941
2,308,774
2,357,553
2,210,123
2,200,083
2,180,380
2,194,366
2,289,221
2,091,067
2,103,413
2,105,378
2,106,376
2,246,823
2,183,427
2,135,878
2,412,607
2,390,981
2,399,368
2,336,258
2,445,524
2,020,205
2,569,304
3,022,926
3,188,038
3,175,050
3,143,637
2,908,632
2,934,682
3,138,441
3,108,335
3,130,038
3,059,692
2,862,751
2,772,257
2,907,680
2,907,6802,772,2572,862,7513,059,6923,130,0383,108,3353,138,4412,934,6822,908,6323,143,6373,175,0503,188,0383,022,9262,569,3042,020,2052,445,5242,336,2582,399,3682,390,9812,412,6072,135,8782,183,4272,246,8232,106,3762,105,3782,103,4132,091,0672,289,2212,194,3662,180,3802,200,0832,210,1232,357,5532,308,7742,444,9412,531,9982,431,9672,367,1331,918,1461,874,2431,864,9181,839,4382,038,6721,923,8051,914,2451,866,3781,880,6741,857,1291,917,2461,855,2391,842,2491,771,6681,914,9851,739,0251,762,8421,717,4331,718,5361,722,6331,683,2911,720,0061,707,1531,797,6692,075,8061,778,0611,709,0811,685,691
   Common Stock
1,346,320
1,370,962
1,402,297
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,649,115
1,682,098
1,682,098
1,682,098
1,682,098
1,682,098
1,682,098
1,682,098
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,102,622
2,336,247
2,336,247
2,336,247
2,336,247
2,336,247
2,336,247
2,336,247
2,336,247
2,336,247
2,336,247
2,336,247
2,336,247
2,336,247
2,336,247
2,336,247
2,336,247
0
0
2,336,247
0
02,336,247002,336,2472,336,2472,336,2472,336,2472,336,2472,336,2472,336,2472,336,2472,336,2472,336,2472,336,2472,336,2472,336,2472,336,2472,336,2472,336,2472,102,6222,102,6222,102,6222,102,6222,102,6222,102,6222,102,6222,102,6222,102,6222,102,6222,102,6222,102,6222,102,6222,102,6222,102,6222,102,6222,102,6222,102,6221,682,0981,682,0981,682,0981,682,0981,682,0981,682,0981,682,0981,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,649,1151,402,2971,370,9621,346,320
   Retained Earnings 
122,733
36,065
141,860
146,374
48,678
0
6,862
0
0
0
0
0
0
125,052
85,639
171,532
118,683
160,472
149,735
192,518
141,743
164,435
183,579
278,942
248,176
317,633
333,695
352,267
356,797
429,857
453,267
461,509
359,533
388,383
353,283
359,584
373,002
425,807
368,404
308,639
264,534
308,717
288,860
152,825
159,448
165,593
228,457
451,076
436,161
459,410
307,142
148,841
-48,153
399,499
473,640
449,157
414,202
239,488
281,648
282,306
321,609
322,726
259,608
144,388
75,677
97,179
97,17975,677144,388259,608322,726321,609282,306281,648239,488414,202449,157473,640399,499-48,153148,841307,142459,410436,161451,076228,457165,593159,448152,825288,860308,717264,534308,639368,404425,807373,002359,584353,283388,383359,533461,509453,267429,857356,797352,267333,695317,633248,176278,942183,579164,435141,743192,518149,735160,472118,683171,53285,639125,0520000006,862048,678146,374141,86036,065122,733
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-413,551
-551,940
-495,489
-537,707
-516,852
-240,370
-310,389
-364,083
-387,252
-631,497
-608,195
-694,554
-433,020
-700,201
45,892
51,862
144,099
155,374
157,082
86,012
77,073
280,174
210,765
231,366
0
0
120,634
0
0120,63400231,366210,765280,17477,07386,012157,082155,374144,09951,86245,892-700,201-433,020-694,554-608,195-631,497-387,252-364,083-310,389-240,370-516,852-537,707-495,489-551,940-413,55100000000000000000000000000000000000000



Balance Sheet

Currency in TWD. All numbers in thousands.




Cash Flow

Currency in TWD. All numbers in thousands.




Income Statement

Currency in TWD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue4,799,258
Cost of Revenue-3,943,492
Gross Profit855,766855,766
 
Operating Income (+$)
Gross Profit855,766
Operating Expense-4,958,264
Operating Income-159,006-4,102,498
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense4,958,2640
 
Net Interest Income (+$)
Interest Income69,116
Interest Expense-113,695
Other Finance Cost-0
Net Interest Income-44,579
 
Pretax Income (+$)
Operating Income-159,006
Net Interest Income-44,579
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-164,411-159,006
EBIT - interestExpense = -113,695
-231,208
-117,513
Interest Expense113,695
Earnings Before Interest and Taxes (EBIT)--50,716
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-164,411
Tax Provision-58,498
Net Income From Continuing Ops-222,909-222,909
Net Income-231,208
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-44,579
 

Technical Analysis of Tex-Ray Industrial 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 Tex-Ray Industrial Co Ltd. The general trend of Tex-Ray Industrial 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 Tex-Ray Industrial 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 Tex-Ray Industrial 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: 10.90 < 10.90 < 10.90.

The bearish price targets are: 10.85 > 10.85 > 10.85.

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Tex-Ray Industrial 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 Tex-Ray Industrial 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

Tex-Ray Industrial 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 Tex-Ray Industrial Co Ltd. The current macd is -0.02741168.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Tex-Ray Industrial Co Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Tex-Ray Industrial 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 Tex-Ray Industrial 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 down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Tex-Ray Industrial Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartTex-Ray Industrial 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 Tex-Ray Industrial Co Ltd. The current adx is 16.86.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Tex-Ray Industrial Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Tex-Ray Industrial 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 Tex-Ray Industrial Co Ltd. The current sar is 11.40.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Tex-Ray Industrial 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 Tex-Ray Industrial Co Ltd. The current rsi is 44.22. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Tex-Ray Industrial Co Ltd Daily Relative Strength Index (RSI) ChartTex-Ray Industrial 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 Tex-Ray Industrial 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 Tex-Ray Industrial Co Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Tex-Ray Industrial Co Ltd Daily Stochastic Oscillator ChartTex-Ray Industrial 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 Tex-Ray Industrial Co Ltd. The current cci is -66.8358714.

Tex-Ray Industrial Co Ltd Daily Commodity Channel Index (CCI) ChartTex-Ray Industrial 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 Tex-Ray Industrial Co Ltd. The current cmo is -15.45924959.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Tex-Ray Industrial Co Ltd Daily Chande Momentum Oscillator (CMO) ChartTex-Ray Industrial 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 Tex-Ray Industrial Co Ltd. The current willr is -91.66666667.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Tex-Ray Industrial Co Ltd Daily Williams %R ChartTex-Ray Industrial 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 Tex-Ray Industrial Co Ltd.

Tex-Ray Industrial 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 Tex-Ray Industrial Co Ltd. The current atr is 0.16817177.

Tex-Ray Industrial Co Ltd Daily Average True Range (ATR) ChartTex-Ray Industrial 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 Tex-Ray Industrial Co Ltd. The current obv is 116,868,994.

Tex-Ray Industrial Co Ltd Daily On-Balance Volume (OBV) ChartTex-Ray Industrial 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 Tex-Ray Industrial Co Ltd. The current mfi is 51.85.

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

  • MFI > 50: +1
Tex-Ray Industrial Co Ltd Daily Money Flow Index (MFI) ChartTex-Ray Industrial Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Tex-Ray Industrial Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-10-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-08DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-25STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-19DMI 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Tex-Ray Industrial Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Tex-Ray Industrial Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.224
Ma 20Greater thanMa 5010.965
Ma 50Greater thanMa 10010.985
Ma 100Greater thanMa 20011.124
OpenGreater thanClose10.900
Total0/5 (0.0%)
Penke

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