25 XP   0   0   10

Shanghai Kindly Medical Instruments
Buy, Hold or Sell?

Let's analyse Shanghai Kindly Medical Instruments together

PenkeI guess you are interested in Shanghai Kindly Medical Instruments. 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 Shanghai Kindly Medical Instruments. 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.

Get notifications about Shanghai Kindly Medical Instruments

I send you an email if I find something interesting about Shanghai Kindly Medical Instruments.

Quick analysis of Shanghai Kindly Medical Instruments (30 sec.)










What can you expect buying and holding a share of Shanghai Kindly Medical Instruments? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.14
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
HK$9.74
Expected worth in 1 year
HK$11.20
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
HK$2.59
Return On Investment
9.4%

For what price can you sell your share?

Current Price per Share
HK$27.55
Expected price per share
HK$25.05 - HK$28.90
How sure are you?
50%

1. Valuation of Shanghai Kindly Medical Instruments (5 min.)




Live pricePrice per Share (EOD)

HK$27.55

Intrinsic Value Per Share

HK$-14.58 - HK$-12.85

Total Value Per Share

HK$-4.84 - HK$-3.11

2. Growth of Shanghai Kindly Medical Instruments (5 min.)




Is Shanghai Kindly Medical Instruments growing?

Current yearPrevious yearGrowGrow %
How rich?$209.1m$198.8m$10.2m4.9%

How much money is Shanghai Kindly Medical Instruments making?

Current yearPrevious yearGrowGrow %
Making money$18.2m$19.7m-$1.5m-8.5%
Net Profit Margin22.5%30.8%--

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

3. Financial Health of Shanghai Kindly Medical Instruments (5 min.)




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




  Industry Rankings (Medical Instruments & Supplies)  


Richest
#68 / 173

Most Revenue
#76 / 173

Most Profit
#70 / 173

What can you expect buying and holding a share of Shanghai Kindly Medical Instruments? (5 min.)

Welcome investor! Shanghai Kindly Medical Instruments's management wants to use your money to grow the business. In return you get a share of Shanghai Kindly Medical Instruments.

What can you expect buying and holding a share of Shanghai Kindly Medical Instruments?

First you should know what it really means to hold a share of Shanghai Kindly Medical Instruments. And how you can make/lose money.

Speculation

The Price per Share of Shanghai Kindly Medical Instruments is HK$27.55. 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 Shanghai Kindly Medical Instruments.
  • 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 Shanghai Kindly Medical Instruments, 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$9.74. Based on the TTM, the Book Value Change Per Share is HK$0.37 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.72 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$0.28 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shanghai Kindly Medical Instruments.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.110.4%0.110.4%0.120.4%0.090.3%0.080.3%
Usd Book Value Change Per Share0.050.2%0.050.2%0.090.3%0.210.8%0.180.6%
Usd Dividend Per Share0.040.1%0.040.1%0.040.1%0.040.1%0.040.1%
Usd Total Gains Per Share0.080.3%0.080.3%0.130.5%0.250.9%0.220.8%
Usd Price Per Share3.67-3.67-2.94-3.16-2.26-
Price to Earnings Ratio33.89-33.89-24.68-31.62-22.58-
Price-to-Total Gains Ratio44.44-44.44-22.39-30.86-30.86-
Price to Book Ratio2.95-2.95-2.45-2.80-2.00-
Price-to-Total Gains Ratio44.44-44.44-22.39-30.86-30.86-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.52089
Number of shares284
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.04
Usd Book Value Change Per Share0.050.21
Usd Total Gains Per Share0.080.25
Gains per Quarter (284 shares)23.4872.32
Gains per Year (284 shares)93.93289.28
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
141538446243279
28210617892487568
3123159272137730857
41632123661839741146
520426546022912171435
624531955427514611724
728637264832117042013
832742574236719482302
936847883641221912591
1040853193045824352880

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%

Fundamentals of Shanghai Kindly Medical Instruments

About Shanghai Kindly Medical Instruments

Shanghai INT Medical Instruments Co., Ltd. engages in the research and development, manufacture, and sale of cardiovascular interventional medical devices in Mainland China, Europe, the United States, and internationally. The company offers digital inflation devices; cardiac valves balloon inflation catheter; guiding catheter used to provide a channel for introducing balloon catheter, guidewire or other treatment devices; micro catheter to support the placement of guide wires; guidewire; angiography catheter used to inject and infuse contrast media and fluid; Y-connector pack used in PTCA surgery; inflation device used to inflate the balloon of dilating the vessel or placing the stent in the vessel; manifold for single use; and manifold kit. It also provides pressure bandage used to assist compression hemostasis; angiography syringe for single use; stopcocks used for pressure monitoring tubing during surgery; sterile seldinger needle used to puncture into the artery; pressure transducer for single use; extension tube for pressure monitoring; introducer set; joint intervention kit; introducer tool kit used in percutaneous vertebroplasty; and distal access catheter. In addition, the company offers medical accessories, such as check value, needle free connector, male Luer locks, bi-stopper, Heparian cap, flush device, flow regulator, and drip chamber assembly; other products, including disposable respirator, 3D medical surgical fask mask, vaginal dilator, foley catheter, infusion pumps, disposable automatic umbilical cord clamps, infusion connector and accessory for single use, and burette infusion sets without a needle. It serves medical device manufacturers and other customers. The company was formerly known as Shanghai Kindly Medical Instruments Co., Ltd. and changed its name to Shanghai INT Medical Instruments Co., Ltd. in January 2024. The company was founded in 2006 and is headquartered in Shanghai, China.

Fundamental data was last updated by Penke on 2024-03-25 08:39:05.

Financial Health

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

Valuation

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

1.1. Profitability of Shanghai Kindly Medical Instruments.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Shanghai Kindly Medical Instruments earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Shanghai Kindly Medical Instruments to the Medical Instruments & Supplies industry mean.
  • A Net Profit Margin of 22.5% means that $0.22 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Shanghai Kindly Medical Instruments:

  • The MRQ is 22.5%. The company is making a huge profit. +2
  • The TTM is 22.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ22.5%TTM22.5%0.0%
TTM22.5%YOY30.8%-8.3%
TTM22.5%5Y30.1%-7.7%
5Y30.1%10Y30.3%-0.2%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ22.5%6.2%+16.3%
TTM22.5%7.4%+15.1%
YOY30.8%8.0%+22.8%
5Y30.1%7.1%+23.0%
10Y30.3%7.7%+22.6%
1.1.2. Return on Assets

Shows how efficient Shanghai Kindly Medical Instruments is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Shanghai Kindly Medical Instruments to the Medical Instruments & Supplies industry mean.
  • 7.2% Return on Assets means that Shanghai Kindly Medical Instruments generated $0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shanghai Kindly Medical Instruments:

  • The MRQ is 7.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 7.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ7.2%TTM7.2%0.0%
TTM7.2%YOY8.8%-1.6%
TTM7.2%5Y8.9%-1.7%
5Y8.9%10Y11.5%-2.6%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2%1.2%+6.0%
TTM7.2%1.2%+6.0%
YOY8.8%1.7%+7.1%
5Y8.9%1.6%+7.3%
10Y11.5%1.6%+9.9%
1.1.3. Return on Equity

Shows how efficient Shanghai Kindly Medical Instruments is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Shanghai Kindly Medical Instruments to the Medical Instruments & Supplies industry mean.
  • 8.7% Return on Equity means Shanghai Kindly Medical Instruments generated $0.09 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shanghai Kindly Medical Instruments:

  • The MRQ is 8.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.7%TTM8.7%0.0%
TTM8.7%YOY10.2%-1.5%
TTM8.7%5Y10.4%-1.7%
5Y10.4%10Y13.4%-3.0%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ8.7%2.3%+6.4%
TTM8.7%2.6%+6.1%
YOY10.2%3.1%+7.1%
5Y10.4%3.2%+7.2%
10Y13.4%3.0%+10.4%

1.2. Operating Efficiency of Shanghai Kindly Medical Instruments.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shanghai Kindly Medical Instruments is operating .

  • Measures how much profit Shanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments to the Medical Instruments & Supplies industry mean.
  • An Operating Margin of 22.1% means the company generated $0.22  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Shanghai Kindly Medical Instruments:

  • The MRQ is 22.1%. The company is operating efficient. +1
  • The TTM is 22.1%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ22.1%TTM22.1%0.0%
TTM22.1%YOY31.1%-9.1%
TTM22.1%5Y30.4%-8.3%
5Y30.4%10Y31.1%-0.8%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ22.1%7.9%+14.2%
TTM22.1%6.4%+15.7%
YOY31.1%10.7%+20.4%
5Y30.4%10.0%+20.4%
10Y31.1%8.4%+22.7%
1.2.2. Operating Ratio

Measures how efficient Shanghai Kindly Medical Instruments is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • An Operation Ratio of 1.22 means that the operating costs are $1.22 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Shanghai Kindly Medical Instruments:

  • The MRQ is 1.222. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.222. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.222TTM1.2220.000
TTM1.222YOY1.160+0.063
TTM1.2225Y0.948+0.274
5Y0.94810Y0.869+0.080
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2221.099+0.123
TTM1.2221.149+0.073
YOY1.1601.109+0.051
5Y0.9481.101-0.153
10Y0.8691.055-0.186

1.3. Liquidity of Shanghai Kindly Medical Instruments.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Shanghai Kindly Medical Instruments is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • A Current Ratio of 3.35 means the company has $3.35 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Shanghai Kindly Medical Instruments:

  • The MRQ is 3.346. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.346. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.346TTM3.3460.000
TTM3.346YOY5.603-2.257
TTM3.3465Y9.586-6.240
5Y9.58610Y8.893+0.694
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3462.385+0.961
TTM3.3462.589+0.757
YOY5.6032.582+3.021
5Y9.5862.635+6.951
10Y8.8932.614+6.279
1.3.2. Quick Ratio

Measures if Shanghai Kindly Medical Instruments is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Shanghai Kindly Medical Instruments to the Medical Instruments & Supplies industry mean.
  • A Quick Ratio of 2.54 means the company can pay off $2.54 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shanghai Kindly Medical Instruments:

  • The MRQ is 2.544. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.544. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.544TTM2.5440.000
TTM2.544YOY4.696-2.152
TTM2.5445Y8.923-6.379
5Y8.92310Y8.129+0.794
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5441.165+1.379
TTM2.5441.172+1.372
YOY4.6961.283+3.413
5Y8.9231.392+7.531
10Y8.1291.477+6.652

1.4. Solvency of Shanghai Kindly Medical Instruments.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Shanghai Kindly Medical Instruments assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Shanghai Kindly Medical Instruments to Medical Instruments & Supplies industry mean.
  • A Debt to Asset Ratio of 0.17 means that Shanghai Kindly Medical Instruments assets are financed with 17.3% credit (debt) and the remaining percentage (100% - 17.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shanghai Kindly Medical Instruments:

  • The MRQ is 0.173. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.173. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.173TTM0.1730.000
TTM0.173YOY0.113+0.059
TTM0.1735Y0.122+0.050
5Y0.12210Y0.128-0.005
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1730.353-0.180
TTM0.1730.355-0.182
YOY0.1130.358-0.245
5Y0.1220.362-0.240
10Y0.1280.369-0.241
1.4.2. Debt to Equity Ratio

Measures if Shanghai Kindly Medical Instruments is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Shanghai Kindly Medical Instruments to the Medical Instruments & Supplies industry mean.
  • A Debt to Equity ratio of 20.9% means that company has $0.21 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shanghai Kindly Medical Instruments:

  • The MRQ is 0.209. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.209. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.209TTM0.2090.000
TTM0.209YOY0.132+0.077
TTM0.2095Y0.147+0.061
5Y0.14710Y0.152-0.005
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2090.541-0.332
TTM0.2090.545-0.336
YOY0.1320.529-0.397
5Y0.1470.640-0.493
10Y0.1520.665-0.513

2. Market Valuation of Shanghai Kindly Medical Instruments

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 Shanghai Kindly Medical Instruments generates.

  • Above 15 is considered overpriced but always compare Shanghai Kindly Medical Instruments to the Medical Instruments & Supplies industry mean.
  • A PE ratio of 33.89 means the investor is paying $33.89 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shanghai Kindly Medical Instruments:

  • The EOD is 32.474. Based on the earnings, the company is overpriced. -1
  • The MRQ is 33.888. Based on the earnings, the company is overpriced. -1
  • The TTM is 33.888. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD32.474MRQ33.888-1.414
MRQ33.888TTM33.8880.000
TTM33.888YOY24.681+9.208
TTM33.8885Y31.618+2.271
5Y31.61810Y22.584+9.034
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD32.47417.153+15.321
MRQ33.88818.041+15.847
TTM33.88819.435+14.453
YOY24.68120.661+4.020
5Y31.61821.526+10.092
10Y22.58427.509-4.925
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Shanghai Kindly Medical Instruments:

  • The EOD is -35.543. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -37.091. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -37.091. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-35.543MRQ-37.091+1.548
MRQ-37.091TTM-37.0910.000
TTM-37.091YOY-15.317-21.774
TTM-37.0915Y-87.349+50.258
5Y-87.34910Y-62.392-24.957
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD-35.54310.417-45.960
MRQ-37.09110.581-47.672
TTM-37.0911.298-38.389
YOY-15.3174.650-19.967
5Y-87.3494.114-91.463
10Y-62.3920.108-62.500
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Shanghai Kindly Medical Instruments is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • A PB ratio of 2.95 means the investor is paying $2.95 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Shanghai Kindly Medical Instruments:

  • The EOD is 2.829. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.952. Based on the equity, the company is underpriced. +1
  • The TTM is 2.952. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.829MRQ2.952-0.123
MRQ2.952TTM2.9520.000
TTM2.952YOY2.454+0.498
TTM2.9525Y2.798+0.154
5Y2.79810Y1.999+0.799
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD2.8292.531+0.298
MRQ2.9522.733+0.219
TTM2.9522.706+0.246
YOY2.4543.244-0.790
5Y2.7983.824-1.026
10Y1.9994.219-2.220
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Shanghai Kindly Medical Instruments 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--0.3660.3660%0.719-49%1.677-78%1.391-74%
Book Value Per Share--9.7399.7390%9.373+4%7.678+27%5.832+67%
Current Ratio--3.3463.3460%5.603-40%9.586-65%8.893-62%
Debt To Asset Ratio--0.1730.1730%0.113+52%0.122+41%0.128+35%
Debt To Equity Ratio--0.2090.2090%0.132+58%0.147+42%0.152+37%
Dividend Per Share--0.2810.2810%0.308-9%0.316-11%0.302-7%
Eps--0.8480.8480%0.932-9%0.723+17%0.589+44%
Free Cash Flow Per Share---0.775-0.7750%-1.502+94%-0.520-33%-0.323-58%
Free Cash Flow To Equity Per Share---0.713-0.7130%-1.704+139%0.563-226%0.557-228%
Gross Profit Margin--1.0001.0000%1.0000%0.856+17%0.842+19%
Intrinsic Value_10Y_max---12.853--------
Intrinsic Value_10Y_min---14.578--------
Intrinsic Value_1Y_max---0.687--------
Intrinsic Value_1Y_min---1.034--------
Intrinsic Value_3Y_max---2.523--------
Intrinsic Value_3Y_min---3.496--------
Intrinsic Value_5Y_max---4.910--------
Intrinsic Value_5Y_min---6.363--------
Market Cap2846466000.000-70%4830000000.0004830000000.0000%3818000000.000+27%4118340000.000+17%2941671428.571+64%
Net Profit Margin--0.2250.2250%0.308-27%0.301-25%0.303-26%
Operating Margin--0.2210.2210%0.311-29%0.304-27%0.311-29%
Operating Ratio--1.2221.2220%1.160+5%0.948+29%0.869+41%
Pb Ratio2.829-4%2.9522.9520%2.454+20%2.798+5%1.999+48%
Pe Ratio32.474-4%33.88833.8880%24.681+37%31.618+7%22.584+50%
Price Per Share27.550-4%28.75028.7500%23.000+25%24.740+16%17.671+63%
Price To Free Cash Flow Ratio-35.543+4%-37.091-37.0910%-15.317-59%-87.349+136%-62.392+68%
Price To Total Gains Ratio42.580-4%44.43544.4350%22.390+98%30.855+44%30.855+44%
Quick Ratio--2.5442.5440%4.696-46%8.923-71%8.129-69%
Return On Assets--0.0720.0720%0.088-18%0.089-19%0.115-37%
Return On Equity--0.0870.0870%0.102-15%0.104-16%0.134-35%
Total Gains Per Share--0.6470.6470%1.027-37%1.993-68%1.693-62%
Usd Book Value--209100152.946209100152.9460%198853379.050+5%162996377.594+28%123531406.968+69%
Usd Book Value Change Per Share--0.0470.0470%0.092-49%0.214-78%0.178-74%
Usd Book Value Per Share--1.2451.2450%1.198+4%0.981+27%0.745+67%
Usd Dividend Per Share--0.0360.0360%0.039-9%0.040-11%0.039-7%
Usd Eps--0.1080.1080%0.119-9%0.092+17%0.075+44%
Usd Free Cash Flow---16642243.302-16642243.3020%-31856064.610+91%-11098682.615-33%-6926551.657-58%
Usd Free Cash Flow Per Share---0.099-0.0990%-0.192+94%-0.066-33%-0.041-58%
Usd Free Cash Flow To Equity Per Share---0.091-0.0910%-0.218+139%0.072-226%0.071-228%
Usd Market Cap363778354.800-70%617274000.000617274000.0000%487940400.000+27%526323852.000+17%375945608.571+64%
Usd Price Per Share3.521-4%3.6743.6740%2.939+25%3.162+16%2.258+63%
Usd Profit--18214904.24718214904.2470%19770278.645-8%15325340.284+19%12423851.566+47%
Usd Revenue--81023154.47281023154.4720%64261011.677+26%52509672.003+54%42327306.795+91%
Usd Total Gains Per Share--0.0830.0830%0.131-37%0.255-68%0.216-62%
 EOD+3 -5MRQTTM+0 -0YOY+14 -215Y+12 -2410Y+12 -24

3.2. Fundamental Score

Let's check the fundamental score of Shanghai Kindly Medical Instruments based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1532.474
Price to Book Ratio (EOD)Between0-12.829
Net Profit Margin (MRQ)Greater than00.225
Operating Margin (MRQ)Greater than00.221
Quick Ratio (MRQ)Greater than12.544
Current Ratio (MRQ)Greater than13.346
Debt to Asset Ratio (MRQ)Less than10.173
Debt to Equity Ratio (MRQ)Less than10.209
Return on Equity (MRQ)Greater than0.150.087
Return on Assets (MRQ)Greater than0.050.072
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Shanghai Kindly Medical Instruments based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.213
Ma 20Greater thanMa 5027.605
Ma 50Greater thanMa 10027.568
Ma 100Greater thanMa 20027.692
OpenGreater thanClose27.400
Total2/5 (40.0%)



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
Minority Interest  10,0479,32919,3764,42823,804-21,0832,721-5,016-2,294



Latest Balance Sheet

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

Summary
Total Assets1,827,334
Total Liabilities315,319
Total Stockholder Equity1,512,015
 As reported
Total Liabilities 315,319
Total Stockholder Equity+ 1,512,015
Total Assets = 1,827,334

Assets

Total Assets1,827,334
Total Current Assets801,941
Long-term Assets1,025,393
Total Current Assets
Cash And Cash Equivalents 518,266
Short-term Investments 10,000
Net Receivables 71,381
Inventory 154,277
Other Current Assets 39,867
Total Current Assets  (as reported)801,941
Total Current Assets  (calculated)793,791
+/- 8,150
Long-term Assets
Property Plant Equipment 647,846
Intangible Assets 69,920
Other Assets 106,170
Long-term Assets  (as reported)1,025,393
Long-term Assets  (calculated)823,936
+/- 201,457

Liabilities & Shareholders' Equity

Total Current Liabilities239,665
Long-term Liabilities33,565
Total Stockholder Equity1,512,015
Total Current Liabilities
Short-term Debt 32,683
Short Long Term Debt 32,683
Accounts payable 127,386
Other Current Liabilities 79,395
Total Current Liabilities  (as reported)239,665
Total Current Liabilities  (calculated)272,147
+/- 32,482
Long-term Liabilities
Long term Debt Total 15,944
Capital Lease Obligations 16,145
Other Liabilities 17,621
Long-term Liabilities  (as reported)33,565
Long-term Liabilities  (calculated)49,710
+/- 16,145
Total Stockholder Equity
Common Stock168,000
Retained Earnings 391,364
Other Stockholders Equity 952,651
Total Stockholder Equity (as reported)1,512,015
Total Stockholder Equity (calculated)1,512,015
+/-0
Other
Capital Stock168,000
Cash And Equivalents518,266
Cash and Short Term Investments 528,266
Common Stock Shares Outstanding 168,000
Liabilities and Stockholders Equity 1,827,334
Net Invested Capital 1,544,698
Net Tangible Assets 1,504,860
Net Working Capital 562,276
Property Plant and Equipment Gross 776,232



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
> Total Assets 
186,092
232,456
482,040
1,298,580
1,422,684
1,621,545
1,827,334
1,827,3341,621,5451,422,6841,298,580482,040232,456186,092
   > Total Current Assets 
148,610
189,683
347,630
1,123,662
1,048,116
858,436
801,941
801,941858,4361,048,1161,123,662347,630189,683148,610
       Cash And Cash Equivalents 
64,445
146,702
298,164
1,036,783
870,132
640,550
518,266
518,266640,550870,1321,036,783298,164146,70264,445
       Short-term Investments 
0
0
0
21,402
71,453
132
10,000
10,00013271,45321,402000
       Net Receivables 
66,346
11,809
7,085
14,939
24,190
78,673
71,381
71,38178,67324,19014,9397,08511,80966,346
       Inventory 
16,146
29,468
39,015
43,421
55,206
92,494
154,277
154,27792,49455,20643,42139,01529,46816,146
       Other Current Assets 
1,673
1,704
3,366
7,117
27,135
45,810
39,867
39,86745,81027,1357,1173,3661,7041,673
   > Long-term Assets 
37,482
42,773
134,410
174,918
374,568
763,109
1,025,393
1,025,393763,109374,568174,918134,41042,77337,482
       Property Plant Equipment 
36,090
37,987
117,568
159,194
206,564
473,469
647,846
647,846473,469206,564159,194117,56837,98736,090
       Intangible Assets 
40
24
572
5,899
7,603
27,877
69,920
69,92027,8777,6035,8995722440
       Other Assets 
1,352
4,762
16,270
9,825
17,735
61,543
106,170
106,17061,54317,7359,82516,2704,7621,352
> Total Liabilities 
26,648
32,242
100,730
64,293
95,036
183,625
315,319
315,319183,62595,03664,293100,73032,24226,648
   > Total Current Liabilities 
20,214
27,234
42,734
59,203
88,312
153,221
239,665
239,665153,22188,31259,20342,73427,23420,214
       Short-term Debt 
0
0
0
0
0
0
32,683
32,683000000
       Short Long Term Debt 
0
0
0
0
0
0
32,683
32,683000000
       Accounts payable 
5,096
9,457
11,045
16,707
16,021
26,989
127,386
127,38626,98916,02116,70711,0459,4575,096
       Other Current Liabilities 
9,869
11,346
15,973
27,536
58,950
107,124
79,395
79,395107,12458,95027,53615,97311,3469,869
   > Long-term Liabilities 
6,434
5,008
57,996
5,090
6,724
30,404
33,565
33,56530,4046,7245,09057,9965,0086,434
       Long term Debt Total 
0
0
54,782
1,620
1,413
13,212
15,944
15,94413,2121,4131,62054,78200
       Other Liabilities 
6,434
5,008
3,214
3,470
5,311
17,192
17,621
17,62117,1925,3113,4703,2145,0086,434
       Deferred Long Term Liability 
0
0
0
0
1,612
21,458
62,765
62,76521,4581,6120000
> Total Stockholder Equity
159,444
200,214
372,025
1,216,381
1,305,650
1,395,472
1,512,015
1,512,0151,395,4721,305,6501,216,381372,025200,214159,444
   Common Stock
19,600
19,600
60,000
166,000
166,000
166,000
168,000
168,000166,000166,000166,00060,00019,60019,600
   Retained Earnings 
36,564
77,334
69,145
115,377
1,139,650
303,331
391,364
391,364303,3311,139,650115,37769,14577,33436,564
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
103,280
103,280
242,880
935,004
1,139,650
926,141
952,651
952,651926,1411,139,650935,004242,880103,280103,280



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 (+$)
totalRevenue585,883
Cost of Revenue-253,397
Gross Profit332,486332,486
 
Operating Income (+$)
Gross Profit332,486
Operating Expense-462,706
Operating Income145,286-130,220
 
Operating Expense (+$)
Research Development99,634
Selling General Administrative121,608
Selling And Marketing Expenses-
Operating Expense462,706221,242
 
Net Interest Income (+$)
Interest Income818
Interest Expense-23,304
Other Finance Cost-35,076
Net Interest Income12,590
 
Pretax Income (+$)
Operating Income145,286
Net Interest Income12,590
Other Non-Operating Income Expenses-
Income Before Tax (EBT)144,468145,286
EBIT - interestExpense = 106,038
142,348
155,017
Interest Expense23,304
Earnings Before Interest and Taxes (EBIT)129,342167,772
Earnings Before Interest and Taxes (EBITDA)182,363
 
After tax Income (+$)
Income Before Tax144,468
Tax Provision-10,635
Net Income From Continuing Ops133,833133,833
Net Income131,713
Net Income Applicable To Common Shares131,713
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses18,098
Total Other Income/Expenses Net--12,590
 

Technical Analysis of Shanghai Kindly Medical Instruments
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 Shanghai Kindly Medical Instruments. The general trend of Shanghai Kindly Medical Instruments is BEARISH with 14.3% 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 Shanghai Kindly Medical Instruments'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 (-14.3%) Bearish trend (14.3%)
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 Shanghai Kindly Medical Instruments.

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

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

The bullish price targets are: 28.60 < 28.71 < 28.90.

The bearish price targets are: 26.15 > 26.14 > 25.05.

Tweet this
Shanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-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 higher 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 higher 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 higher 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 higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Shanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments. The current macd is -0.03084453.

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 Shanghai Kindly Medical Instruments price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Shanghai Kindly Medical Instruments. 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 Shanghai Kindly Medical Instruments 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
Shanghai Kindly Medical Instruments Daily Moving Average Convergence/Divergence (MACD) ChartShanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments. The current adx is 35.93.

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 Shanghai Kindly Medical Instruments 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.
Shanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments. The current sar is 26.54.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Shanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments. The current rsi is 49.21. 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.
Shanghai Kindly Medical Instruments Daily Relative Strength Index (RSI) ChartShanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D 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 Shanghai Kindly Medical Instruments price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Shanghai Kindly Medical Instruments Daily Stochastic Oscillator ChartShanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments. The current cci is -26.82368335.

Shanghai Kindly Medical Instruments Daily Commodity Channel Index (CCI) ChartShanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments. The current cmo is -1.63689367.

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
Shanghai Kindly Medical Instruments Daily Chande Momentum Oscillator (CMO) ChartShanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments. The current willr is -36.36363636.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Shanghai Kindly Medical Instruments is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Shanghai Kindly Medical Instruments Daily Williams %R ChartShanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments.

Shanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments. The current atr is 0.49395185.

Shanghai Kindly Medical Instruments Daily Average True Range (ATR) ChartShanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments. The current obv is 1,208,195.

Shanghai Kindly Medical Instruments Daily On-Balance Volume (OBV) ChartShanghai Kindly Medical Instruments 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 Shanghai Kindly Medical Instruments. The current mfi is 63.67.

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
Shanghai Kindly Medical Instruments Daily Money Flow Index (MFI) ChartShanghai Kindly Medical Instruments Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Shanghai Kindly Medical Instruments.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH 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.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-29MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
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).
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-12MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Shanghai Kindly Medical Instruments Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Shanghai Kindly Medical Instruments based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.213
Ma 20Greater thanMa 5027.605
Ma 50Greater thanMa 10027.568
Ma 100Greater thanMa 20027.692
OpenGreater thanClose27.400
Total2/5 (40.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Shanghai Kindly Medical Instruments with someone you think should read this too:
  • Are you bullish or bearish on Shanghai Kindly Medical Instruments? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Shanghai Kindly Medical Instruments? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Shanghai Kindly Medical Instruments

I send you an email if I find something interesting about Shanghai Kindly Medical Instruments.


Comments

How you think about this?

Leave a comment

Stay informed about Shanghai Kindly Medical Instruments.

Receive notifications about Shanghai Kindly Medical Instruments in your mailbox!