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Bin Chuan Enterprise Co Ltd
Buy, Hold or Sell?

Let's analyse Bin Chuan Enterprise Co Ltd together

PenkeI guess you are interested in Bin Chuan Enterprise 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 Bin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd (30 sec.)










What can you expect buying and holding a share of Bin Chuan Enterprise 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?
61.5%

What is your share worth?

Current worth
NT$28.28
Expected worth in 1 year
NT$25.85
How sure are you?
76.9%

+ What do you gain per year?

Total Gains per Share
NT$-2.43
Return On Investment
-9.9%

For what price can you sell your share?

Current Price per Share
NT$24.55
Expected price per share
NT$22.55 - NT$26.20
How sure are you?
50%

1. Valuation of Bin Chuan Enterprise Co Ltd (5 min.)




Live pricePrice per Share (EOD)

NT$24.55

Intrinsic Value Per Share

NT$145.02 - NT$172.67

Total Value Per Share

NT$173.30 - NT$200.95

2. Growth of Bin Chuan Enterprise Co Ltd (5 min.)




Is Bin Chuan Enterprise Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$107.5m$111.6m-$2.6m-2.4%

How much money is Bin Chuan Enterprise Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$507.8k$4.2m-$4.7m-931.6%
Net Profit Margin-2.0%10.0%--

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

3. Financial Health of Bin Chuan Enterprise Co Ltd (5 min.)




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




  Industry Rankings (Metal Fabrication)  


Richest
#89 / 182

Most Revenue
#109 / 182

Most Profit
#145 / 182

Most Efficient
#136 / 182

What can you expect buying and holding a share of Bin Chuan Enterprise Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Bin Chuan Enterprise Co Ltd?

First you should know what it really means to hold a share of Bin Chuan Enterprise Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Bin Chuan Enterprise Co Ltd is NT$24.55. 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 Bin Chuan Enterprise 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 Bin Chuan Enterprise 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$28.28. Based on the TTM, the Book Value Change Per Share is NT$-0.61 per quarter. Based on the YOY, the Book Value Change Per Share is NT$1.12 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 Bin Chuan Enterprise 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 Eps0.010.1%0.010.0%0.030.1%0.020.1%0.020.1%
Usd Book Value Change Per Share0.040.2%-0.02-0.1%0.040.1%0.070.3%0.070.3%
Usd Dividend Per Share0.000.0%0.000.0%0.050.2%0.030.1%0.030.1%
Usd Total Gains Per Share0.040.2%-0.02-0.1%0.080.3%0.090.4%0.090.4%
Usd Price Per Share0.71-0.74-0.77-0.80-0.80-
Price to Earnings Ratio11.87-5.67-5.57-8.58-8.58-
Price-to-Total Gains Ratio15.79--17.79-12.57-6.59-6.59-
Price to Book Ratio0.80-0.82-0.84-0.91-0.91-
Price-to-Total Gains Ratio15.79--17.79-12.57-6.59-6.59-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.768415
Number of shares1301
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.03
Usd Book Value Change Per Share-0.020.07
Usd Total Gains Per Share-0.020.09
Gains per Quarter (1301 shares)-24.77123.16
Gains per Year (1301 shares)-99.10492.63
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-99-109138354483
20-198-208277709976
30-297-30741510631469
40-396-40655314171962
50-495-50569117722455
60-595-60483021262948
70-694-70396824803441
80-793-802110628353934
90-892-901124531894427
100-991-1000138335434920

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 Share3.01.00.075.0%11.01.00.091.7%12.01.00.092.3%12.01.00.092.3%12.01.00.092.3%
Book Value Change Per Share1.03.00.025.0%7.05.00.058.3%8.05.00.061.5%8.05.00.061.5%8.05.00.061.5%
Dividend per Share0.00.04.00.0%7.00.05.058.3%8.00.05.061.5%8.00.05.061.5%8.00.05.061.5%
Total Gains per Share1.03.00.025.0%9.03.00.075.0%10.03.00.076.9%10.03.00.076.9%10.03.00.076.9%

Fundamentals of Bin Chuan Enterprise Co Ltd

About Bin Chuan Enterprise Co Ltd

Bin Chuan Enterprise Co., Ltd. manufactures and sells metal stamping products for computer and consumer electronics worldwide. The company's products include notebook metal casings and components, laptop keyboard bottom plates, mobile phone metal casings and components, home theater metal enclosures and meshes, POS system metal parts, medical instruments, and laptop keyboard plastic keycaps and scissor switches. Its products are installed in consumer electronics, notebook computers, multifunction office machines, printers, power suppliers, CD-ROMs, uninterruptible power suppliers, display, etc. The company was founded in 1972 and is based in Kaohsiung, Taiwan.

Fundamental data was last updated by Penke on 2024-03-08 08:38:02.

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 very able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Bin Chuan Enterprise Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Bin Chuan Enterprise Co Ltd earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Bin Chuan Enterprise Co Ltd to the Metal Fabrication industry mean.
  • A Net Profit Margin of 5.9% means that NT$0.06 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Bin Chuan Enterprise Co Ltd:

  • The MRQ is 5.9%. The company is making a profit. +1
  • The TTM is -2.0%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ5.9%TTM-2.0%+7.9%
TTM-2.0%YOY10.0%-12.0%
TTM-2.0%5Y5.0%-7.0%
5Y5.0%10Y5.0%0.0%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ5.9%2.5%+3.4%
TTM-2.0%2.3%-4.3%
YOY10.0%3.8%+6.2%
5Y5.0%3.3%+1.7%
10Y5.0%3.5%+1.5%
1.1.2. Return on Assets

Shows how efficient Bin Chuan Enterprise Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Bin Chuan Enterprise Co Ltd to the Metal Fabrication industry mean.
  • 0.9% Return on Assets means that Bin Chuan Enterprise Co Ltd generated NT$0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Bin Chuan Enterprise Co Ltd:

  • The MRQ is 0.9%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -0.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.9%TTM-0.2%+1.1%
TTM-0.2%YOY1.8%-2.0%
TTM-0.2%5Y0.9%-1.1%
5Y0.9%10Y0.9%0.0%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%0.9%0.0%
TTM-0.2%0.8%-1.0%
YOY1.8%1.2%+0.6%
5Y0.9%1.1%-0.2%
10Y0.9%1.0%-0.1%
1.1.3. Return on Equity

Shows how efficient Bin Chuan Enterprise Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Bin Chuan Enterprise Co Ltd to the Metal Fabrication industry mean.
  • 1.7% Return on Equity means Bin Chuan Enterprise Co Ltd generated NT$0.02 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Bin Chuan Enterprise Co Ltd:

  • The MRQ is 1.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -0.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ1.7%TTM-0.4%+2.2%
TTM-0.4%YOY3.9%-4.4%
TTM-0.4%5Y2.1%-2.5%
5Y2.1%10Y2.1%0.0%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7%1.6%+0.1%
TTM-0.4%1.4%-1.8%
YOY3.9%2.6%+1.3%
5Y2.1%2.0%+0.1%
10Y2.1%2.0%+0.1%

1.2. Operating Efficiency of Bin Chuan Enterprise Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Bin Chuan Enterprise Co Ltd is operating .

  • Measures how much profit Bin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd to the Metal Fabrication 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 Bin Chuan Enterprise Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.3%+0.3%
TTM-0.3%YOY7.7%-8.0%
TTM-0.3%5Y6.0%-6.4%
5Y6.0%10Y6.0%0.0%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.9%-4.9%
TTM-0.3%3.0%-3.3%
YOY7.7%5.8%+1.9%
5Y6.0%5.6%+0.4%
10Y6.0%4.3%+1.7%
1.2.2. Operating Ratio

Measures how efficient Bin Chuan Enterprise Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Metal Fabrication industry mean).
  • An Operation Ratio of 1.87 means that the operating costs are NT$1.87 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of Bin Chuan Enterprise Co Ltd:

  • The MRQ is 1.871. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.899. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.871TTM1.899-0.028
TTM1.899YOY1.728+0.171
TTM1.8995Y1.763+0.136
5Y1.76310Y1.7630.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8711.658+0.213
TTM1.8991.676+0.223
YOY1.7281.622+0.106
5Y1.7631.598+0.165
10Y1.7631.336+0.427

1.3. Liquidity of Bin Chuan Enterprise Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Bin Chuan Enterprise Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Metal Fabrication industry mean).
  • A Current Ratio of 1.26 means the company has NT$1.26 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of Bin Chuan Enterprise Co Ltd:

  • The MRQ is 1.263. The company is just able to pay all its short-term debts.
  • The TTM is 1.302. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.263TTM1.302-0.039
TTM1.302YOY1.252+0.050
TTM1.3025Y1.268+0.034
5Y1.26810Y1.2680.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2631.766-0.503
TTM1.3021.773-0.471
YOY1.2521.812-0.560
5Y1.2681.780-0.512
10Y1.2681.614-0.346
1.3.2. Quick Ratio

Measures if Bin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd to the Metal Fabrication industry mean.
  • A Quick Ratio of 0.63 means the company can pay off NT$0.63 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bin Chuan Enterprise Co Ltd:

  • The MRQ is 0.631. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.547. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.631TTM0.547+0.084
TTM0.547YOY0.587-0.040
TTM0.5475Y0.590-0.043
5Y0.59010Y0.5900.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6310.731-0.100
TTM0.5470.744-0.197
YOY0.5870.858-0.271
5Y0.5900.934-0.344
10Y0.5900.848-0.258

1.4. Solvency of Bin Chuan Enterprise Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Bin Chuan Enterprise Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Bin Chuan Enterprise Co Ltd to Metal Fabrication industry mean.
  • A Debt to Asset Ratio of 0.48 means that Bin Chuan Enterprise Co Ltd assets are financed with 48.5% credit (debt) and the remaining percentage (100% - 48.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Bin Chuan Enterprise Co Ltd:

  • The MRQ is 0.485. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.494. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.485TTM0.494-0.009
TTM0.494YOY0.521-0.028
TTM0.4945Y0.519-0.025
5Y0.51910Y0.5190.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4850.497-0.012
TTM0.4940.484+0.010
YOY0.5210.496+0.025
5Y0.5190.484+0.035
10Y0.5190.490+0.029
1.4.2. Debt to Equity Ratio

Measures if Bin Chuan Enterprise Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Bin Chuan Enterprise Co Ltd to the Metal Fabrication industry mean.
  • A Debt to Equity ratio of 97.3% means that company has NT$0.97 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Bin Chuan Enterprise Co Ltd:

  • The MRQ is 0.973. The company is very able to pay all its debts with equity. +2
  • The TTM is 1.011. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ0.973TTM1.011-0.038
TTM1.011YOY1.125-0.115
TTM1.0115Y1.119-0.108
5Y1.11910Y1.1190.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9730.988-0.015
TTM1.0111.004+0.007
YOY1.1250.992+0.133
5Y1.1190.990+0.129
10Y1.1191.042+0.077

2. Market Valuation of Bin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd generates.

  • Above 15 is considered overpriced but always compare Bin Chuan Enterprise Co Ltd to the Metal Fabrication industry mean.
  • A PE ratio of 11.87 means the investor is paying NT$11.87 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Bin Chuan Enterprise Co Ltd:

  • The EOD is 12.862. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.867. Based on the earnings, the company is underpriced. +1
  • The TTM is 5.666. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD12.862MRQ11.867+0.995
MRQ11.867TTM5.666+6.201
TTM5.666YOY5.570+0.096
TTM5.6665Y8.575-2.910
5Y8.57510Y8.5750.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD12.86214.886-2.024
MRQ11.86713.177-1.310
TTM5.66612.577-6.911
YOY5.57013.915-8.345
5Y8.57511.908-3.333
10Y8.57518.158-9.583
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Bin Chuan Enterprise Co Ltd:

  • The EOD is 9.158. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.449. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -121.857. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD9.158MRQ8.449+0.709
MRQ8.449TTM-121.857+130.306
TTM-121.857YOY5.941-127.798
TTM-121.8575Y-33.721-88.136
5Y-33.72110Y-33.7210.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD9.1583.084+6.074
MRQ8.4492.831+5.618
TTM-121.8570.785-122.642
YOY5.941-1.173+7.114
5Y-33.7210.660-34.381
10Y-33.7210.736-34.457
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Bin Chuan Enterprise Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Metal Fabrication industry mean).
  • A PB ratio of 0.80 means the investor is paying NT$0.80 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of Bin Chuan Enterprise Co Ltd:

  • The EOD is 0.868. Based on the equity, the company is cheap. +2
  • The MRQ is 0.801. Based on the equity, the company is cheap. +2
  • The TTM is 0.822. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.868MRQ0.801+0.067
MRQ0.801TTM0.822-0.021
TTM0.822YOY0.841-0.019
TTM0.8225Y0.913-0.091
5Y0.91310Y0.9130.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD0.8681.585-0.717
MRQ0.8011.503-0.702
TTM0.8221.540-0.718
YOY0.8411.689-0.848
5Y0.9131.721-0.808
10Y0.9131.792-0.879
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Bin Chuan Enterprise 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--1.434-0.608+142%1.120+28%2.175-34%2.175-34%
Book Value Per Share--28.28128.675-1%29.367-4%28.068+1%28.068+1%
Current Ratio--1.2631.302-3%1.252+1%1.2680%1.2680%
Debt To Asset Ratio--0.4850.494-2%0.521-7%0.519-7%0.519-7%
Debt To Equity Ratio--0.9731.011-4%1.125-14%1.119-13%1.119-13%
Dividend Per Share----0%1.572-100%0.849-100%0.849-100%
Eps--0.4770.197+143%1.111-57%0.658-28%0.658-28%
Free Cash Flow Per Share--0.6700.372+80%1.931-65%0.956-30%0.956-30%
Free Cash Flow To Equity Per Share--0.670-0.589+188%0.914-27%0.143+369%0.143+369%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--172.672--------
Intrinsic Value_10Y_min--145.024--------
Intrinsic Value_1Y_max--6.537--------
Intrinsic Value_1Y_min--6.415--------
Intrinsic Value_3Y_max--27.847--------
Intrinsic Value_3Y_min--26.419--------
Intrinsic Value_5Y_max--59.048--------
Intrinsic Value_5Y_min--54.101--------
Market Cap2981523850.000+8%2750774550.0002855522587.500-4%2992150462.500-8%3091760357.692-11%3091760357.692-11%
Net Profit Margin--0.059-0.020+134%0.100-41%0.050+18%0.050+18%
Operating Margin----0.0030%0.077-100%0.060-100%0.060-100%
Operating Ratio--1.8711.899-1%1.728+8%1.763+6%1.763+6%
Pb Ratio0.868+8%0.8010.822-3%0.841-5%0.913-12%0.913-12%
Pe Ratio12.862+8%11.8675.666+109%5.570+113%8.575+38%8.575+38%
Price Per Share24.550+8%22.65023.513-4%24.638-8%25.458-11%25.458-11%
Price To Free Cash Flow Ratio9.158+8%8.449-121.857+1542%5.941+42%-33.721+499%-33.721+499%
Price To Total Gains Ratio17.119+8%15.794-17.794+213%12.569+26%6.586+140%6.586+140%
Quick Ratio--0.6310.547+15%0.587+7%0.590+7%0.590+7%
Return On Assets--0.009-0.002+125%0.018-52%0.009-7%0.009-7%
Return On Equity--0.017-0.004+125%0.039-55%0.021-16%0.021-16%
Total Gains Per Share--1.434-0.608+142%2.693-47%3.024-53%3.024-53%
Usd Book Value--107503355.600109003095.100-1%111631888.200-4%106693304.377+1%106693304.377+1%
Usd Book Value Change Per Share--0.045-0.019+142%0.035+28%0.068-34%0.068-34%
Usd Book Value Per Share--0.8850.898-1%0.919-4%0.879+1%0.879+1%
Usd Dividend Per Share----0%0.049-100%0.027-100%0.027-100%
Usd Eps--0.0150.006+143%0.035-57%0.021-28%0.021-28%
Usd Free Cash Flow--2547600.9001414431.350+80%7339998.675-65%3634772.692-30%3634772.692-30%
Usd Free Cash Flow Per Share--0.0210.012+80%0.060-65%0.030-30%0.030-30%
Usd Free Cash Flow To Equity Per Share--0.021-0.018+188%0.029-27%0.004+369%0.004+369%
Usd Market Cap93321696.505+8%86099243.41589377856.989-4%93654309.476-8%96772099.196-11%96772099.196-11%
Usd Price Per Share0.768+8%0.7090.736-4%0.771-8%0.797-11%0.797-11%
Usd Profit--1813897.600-507865.975+128%4223488.975-57%2116048.538-14%2116048.538-14%
Usd Revenue--30562978.90029886593.725+2%42343688.550-28%36336251.862-16%36336251.862-16%
Usd Total Gains Per Share--0.045-0.019+142%0.084-47%0.095-53%0.095-53%
 EOD+4 -4MRQTTM+23 -9YOY+9 -265Y+12 -2310Y+12 -23

3.2. Fundamental Score

Let's check the fundamental score of Bin Chuan Enterprise Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1512.862
Price to Book Ratio (EOD)Between0-10.868
Net Profit Margin (MRQ)Greater than00.059
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.631
Current Ratio (MRQ)Greater than11.263
Debt to Asset Ratio (MRQ)Less than10.485
Debt to Equity Ratio (MRQ)Less than10.973
Return on Equity (MRQ)Greater than0.150.017
Return on Assets (MRQ)Greater than0.050.009
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Bin Chuan Enterprise Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.961
Ma 20Greater thanMa 5024.778
Ma 50Greater thanMa 10024.397
Ma 100Greater thanMa 20023.636
OpenGreater thanClose24.550
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Minority Interest  -3,558-5,971-9,5294,296-5,233961-4,2727,8723,600
Net Interest Income  -9,5325,456-4,0762,316-1,7601,668-921,7721,680



Latest Balance Sheet

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

Summary
Total Assets6,665,919
Total Liabilities3,231,307
Total Stockholder Equity3,322,138
 As reported
Total Liabilities 3,231,307
Total Stockholder Equity+ 3,322,138
Total Assets = 6,665,919

Assets

Total Assets6,665,919
Total Current Assets3,628,757
Long-term Assets3,037,162
Total Current Assets
Cash And Cash Equivalents 865,220
Short-term Investments 63,434
Net Receivables 1,748,254
Inventory 832,010
Other Current Assets 30,726
Total Current Assets  (as reported)3,628,757
Total Current Assets  (calculated)3,539,644
+/- 89,113
Long-term Assets
Property Plant Equipment 2,643,184
Long-term Assets Other 7,644
Long-term Assets  (as reported)3,037,162
Long-term Assets  (calculated)2,650,828
+/- 386,334

Liabilities & Shareholders' Equity

Total Current Liabilities2,872,924
Long-term Liabilities358,383
Total Stockholder Equity3,322,138
Total Current Liabilities
Short Long Term Debt 1,689,018
Accounts payable 675,717
Other Current Liabilities 51,538
Total Current Liabilities  (as reported)2,872,924
Total Current Liabilities  (calculated)2,416,273
+/- 456,651
Long-term Liabilities
Long term Debt 307,500
Capital Lease Obligations Min Short Term Debt24,526
Long-term Liabilities Other 229
Long-term Liabilities  (as reported)358,383
Long-term Liabilities  (calculated)332,255
+/- 26,128
Total Stockholder Equity
Retained Earnings 576,190
Total Stockholder Equity (as reported)3,322,138
Total Stockholder Equity (calculated)576,190
+/- 2,745,948
Other
Capital Stock1,214,474
Common Stock Shares Outstanding 121,447
Net Debt 1,131,298
Net Invested Capital 5,318,656
Net Working Capital 755,833
Property Plant and Equipment Gross 2,643,184



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-30
> Total Assets 
7,178,735
7,070,790
6,777,337
6,698,703
7,100,314
7,313,299
7,408,923
7,507,763
7,567,512
7,219,777
6,976,715
6,646,075
6,665,919
6,665,9196,646,0756,976,7157,219,7777,567,5127,507,7637,408,9237,313,2997,100,3146,698,7036,777,3377,070,7907,178,735
   > Total Current Assets 
4,038,908
3,783,512
3,557,028
3,537,986
3,839,611
4,081,863
4,041,420
4,204,649
4,225,354
4,059,678
3,846,536
3,653,181
3,628,757
3,628,7573,653,1813,846,5364,059,6784,225,3544,204,6494,041,4204,081,8633,839,6113,537,9863,557,0283,783,5124,038,908
       Cash And Cash Equivalents 
709,159
526,240
438,429
646,483
701,021
630,042
695,108
896,884
1,209,294
1,322,472
1,298,893
1,306,730
865,220
865,2201,306,7301,298,8931,322,4721,209,294896,884695,108630,042701,021646,483438,429526,240709,159
       Short-term Investments 
14,940
1,817
1,672
1,596
1,572
1,583
3,653
1,594
8,832
8,299
1,582
1,539
63,434
63,4341,5391,5828,2998,8321,5943,6531,5831,5721,5961,6721,81714,940
       Net Receivables 
2,069,286
2,003,617
1,877,186
1,557,097
1,822,123
1,994,016
2,077,832
1,976,201
1,710,490
1,497,740
1,545,523
1,506,057
1,748,254
1,748,2541,506,0571,545,5231,497,7401,710,4901,976,2012,077,8321,994,0161,822,1231,557,0971,877,1862,003,6172,069,286
       Inventory 
1,180,248
1,186,451
1,172,917
1,275,247
1,261,366
1,403,440
1,218,897
1,273,629
1,246,414
1,174,475
876,368
786,127
832,010
832,010786,127876,3681,174,4751,246,4141,273,6291,218,8971,403,4401,261,3661,275,2471,172,9171,186,4511,180,248
       Other Current Assets 
35,286
39,851
40,392
38,925
35,765
31,306
33,552
30,108
30,495
38,786
32,601
34,592
30,726
30,72634,59232,60138,78630,49530,10833,55231,30635,76538,92540,39239,85135,286
   > Long-term Assets 
3,139,827
3,287,278
3,220,309
3,160,717
3,260,703
3,231,436
3,367,503
3,303,114
3,342,158
3,160,099
3,130,179
2,992,894
3,037,162
3,037,1622,992,8943,130,1793,160,0993,342,1583,303,1143,367,5033,231,4363,260,7033,160,7173,220,3093,287,2783,139,827
       Property Plant Equipment 
2,972,100
3,057,240
2,986,244
2,918,579
2,889,367
2,864,909
2,997,752
2,919,231
2,970,262
2,814,521
2,758,228
2,590,692
2,643,184
2,643,1842,590,6922,758,2282,814,5212,970,2622,919,2312,997,7522,864,9092,889,3672,918,5792,986,2443,057,2402,972,100
       Other Assets 
163,254
225,171
207,755
216,258
345,857
341,554
345,823
361,176
382,781
336,047
0
390,532
0
0390,5320336,047382,781361,176345,823341,554345,857216,258207,755225,171163,254
> Total Liabilities 
4,097,548
3,828,048
3,473,759
3,394,759
3,914,416
3,960,299
3,774,127
3,959,657
3,837,358
3,541,107
3,420,338
3,385,626
3,231,307
3,231,3073,385,6263,420,3383,541,1073,837,3583,959,6573,774,1273,960,2993,914,4163,394,7593,473,7593,828,0484,097,548
   > Total Current Liabilities 
3,041,055
2,950,841
2,665,965
2,889,050
3,485,306
3,475,352
3,319,547
3,253,535
3,194,385
2,963,115
2,917,987
2,907,521
2,872,924
2,872,9242,907,5212,917,9872,963,1153,194,3853,253,5353,319,5473,475,3523,485,3062,889,0502,665,9652,950,8413,041,055
       Short Long Term Debt 
1,713,106
1,617,309
1,478,184
1,734,750
1,927,230
1,710,813
1,528,399
1,393,066
1,651,373
1,783,714
2,035,292
1,762,158
1,689,018
1,689,0181,762,1582,035,2921,783,7141,651,3731,393,0661,528,3991,710,8131,927,2301,734,7501,478,1841,617,3091,713,106
       Accounts payable 
811,347
800,156
738,916
710,573
898,178
1,136,269
1,171,822
1,043,109
930,604
675,064
483,985
502,885
675,717
675,717502,885483,985675,064930,6041,043,1091,171,8221,136,269898,178710,573738,916800,156811,347
       Other Current Liabilities 
125,204
125,914
116,418
109,574
322,431
168,433
177,435
413,336
197,777
185,044
38,597
386,449
51,538
51,538386,44938,597185,044197,777413,336177,435168,433322,431109,574116,418125,914125,204
   > Long-term Liabilities 
1,056,493
877,207
807,794
505,709
429,110
484,947
454,580
706,122
642,973
577,992
502,351
478,105
358,383
358,383478,105502,351577,992642,973706,122454,580484,947429,110505,709807,794877,2071,056,493
       Long term Debt 
935,055
752,555
691,089
393,218
332,621
395,699
350,833
622,083
547,500
525,000
452,500
430,000
307,500
307,500430,000452,500525,000547,500622,083350,833395,699332,621393,218691,089752,555935,055
       Capital Lease Obligations Min Short Term Debt
13,821
55,029
47,629
40,686
60,448
56,377
52,195
40,423
55,008
47,773
41,119
33,530
24,526
24,52633,53041,11947,77355,00840,42352,19556,37760,44840,68647,62955,02913,821
       Other Liabilities 
115,304
90,631
91,514
94,321
62,771
58,638
76,165
63,770
67,778
0
0
31,725
0
031,7250067,77863,77076,16558,63862,77194,32191,51490,631115,304
       Long-term Liabilities Other 
218
223
221
220
219
222
230
226
228
225
226
220
229
229220226225228226230222219220221223218
> Total Stockholder Equity
2,980,114
3,139,581
3,205,312
3,202,264
3,092,303
3,249,659
3,525,101
3,440,072
3,616,645
3,553,836
3,427,734
3,146,270
3,322,138
3,322,1383,146,2703,427,7343,553,8363,616,6453,440,0723,525,1013,249,6593,092,3033,202,2643,205,3123,139,5812,980,114
   Common Stock
1,145,915
1,194,828
1,205,653
1,206,784
1,206,784
1,206,871
1,214,474
1,214,474
1,214,474
1,214,474
0
1,214,474
0
01,214,47401,214,4741,214,4741,214,4741,214,4741,206,8711,206,7841,206,7841,205,6531,194,8281,145,915
   Retained Earnings 
911,481
1,016,471
1,087,532
1,114,826
1,016,856
1,151,053
1,296,935
1,243,408
1,362,283
818,021
683,453
996,533
576,190
576,190996,533683,453818,0211,362,2831,243,4081,296,9351,151,0531,016,8561,114,8261,087,5321,016,471911,481
   Accumulated Other Comprehensive Income 0000000000000
   Capital Surplus 0000000000000
   Treasury Stock0000000000000



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 (+$)
totalRevenue3,819,373
Cost of Revenue-3,341,900
Gross Profit477,473477,473
 
Operating Income (+$)
Gross Profit477,473
Operating Expense-3,875,820
Operating Income-56,447-3,398,347
 
Operating Expense (+$)
Research Development196,576
Selling General Administrative337,344
Selling And Marketing Expenses-
Operating Expense3,875,820533,920
 
Net Interest Income (+$)
Interest Income53,745
Interest Expense-57,993
Other Finance Cost-0
Net Interest Income-4,248
 
Pretax Income (+$)
Operating Income-56,447
Net Interest Income-4,248
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-30,986-56,447
EBIT - interestExpense = -57,993
-64,903
-6,910
Interest Expense57,993
Earnings Before Interest and Taxes (EBIT)-27,007
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-30,986
Tax Provision-18,483
Net Income From Continuing Ops-49,469-49,469
Net Income-64,903
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-4,248
 

Technical Analysis of Bin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The general trend of Bin Chuan Enterprise Co Ltd is BULLISH with 71.4% 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 Bin Chuan Enterprise 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 (71.4%) Bearish trend (-71.4%)
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 Bin Chuan Enterprise Co Ltd.

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

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

The bullish price targets are: 26.20.

The bearish price targets are: 24.20 > 22.55 > 22.55.

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Bin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-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 higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above 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

Bin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The current macd is 0.0313031.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Bin Chuan Enterprise Co Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Bin Chuan Enterprise Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Bin Chuan Enterprise Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +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
Bin Chuan Enterprise Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartBin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The current adx is 15.85.

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 Bin Chuan Enterprise 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.
Bin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The current sar is 25.56.

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
Bin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The current rsi is 49.96. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Bin Chuan Enterprise Co Ltd Daily Relative Strength Index (RSI) ChartBin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The current phase is Correction in bull 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 below 50. There are more sellers than buyers. -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 Bin Chuan Enterprise Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Bin Chuan Enterprise Co Ltd Daily Stochastic Oscillator ChartBin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The current cci is -60.29579067.

Bin Chuan Enterprise Co Ltd Daily Commodity Channel Index (CCI) ChartBin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The current cmo is -3.92663692.

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
Bin Chuan Enterprise Co Ltd Daily Chande Momentum Oscillator (CMO) ChartBin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The current willr is -65.

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 Bin Chuan Enterprise Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Bin Chuan Enterprise Co Ltd Daily Williams %R ChartBin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd.

Bin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The current atr is 0.39271742.

Bin Chuan Enterprise Co Ltd Daily Average True Range (ATR) ChartBin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The current obv is 40,838,157.

Bin Chuan Enterprise Co Ltd Daily On-Balance Volume (OBV) ChartBin Chuan Enterprise 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 Bin Chuan Enterprise Co Ltd. The current mfi is 29.99.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Bin Chuan Enterprise Co Ltd Daily Money Flow Index (MFI) ChartBin Chuan Enterprise Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Bin Chuan Enterprise 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
2023-10-31STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07SAR 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
2023-11-08MACD 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.
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).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-14DMI 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
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-20STOCH 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).
2023-12-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-25STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28RSI 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).
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-08MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-09MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI 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).
2024-01-24MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-25MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-23SAR 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
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-06BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27DMI 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.

6.3. Candlestick Patterns

Bin Chuan Enterprise Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Bin Chuan Enterprise Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.961
Ma 20Greater thanMa 5024.778
Ma 50Greater thanMa 10024.397
Ma 100Greater thanMa 20023.636
OpenGreater thanClose24.550
Total3/5 (60.0%)
Penke

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