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Weiye Holdings Ltd
Buy, Hold or Sell?

Let's analyse Weiye Holdings Ltd together

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

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

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

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Quick analysis of Weiye Holdings Ltd (30 sec.)










What can you expect buying and holding a share of Weiye Holdings Ltd? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.00
When do you have the money?
1 year
How often do you get paid?
10.0%

What is your share worth?

Current worth
HK$7.43
Expected worth in 1 year
HK$-5.75
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
HK$-13.19
Return On Investment
-399.6%

For what price can you sell your share?

Current Price per Share
HK$3.30
Expected price per share
HK$3.15 - HK$
How sure are you?
50%

1. Valuation of Weiye Holdings Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$3.30

Intrinsic Value Per Share

HK$-29.82 - HK$20.23

Total Value Per Share

HK$-22.39 - HK$27.66

2. Growth of Weiye Holdings Ltd (5 min.)




Is Weiye Holdings Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$186.2m$268.9m-$82.6m-44.4%

How much money is Weiye Holdings Ltd making?

Current yearPrevious yearGrowGrow %
Making money$1m-$17.7m$18.7m1,779.1%
Net Profit Margin0.6%-12.6%--

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

3. Financial Health of Weiye Holdings Ltd (5 min.)




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

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

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

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

Speculation

The Price per Share of Weiye Holdings Ltd is HK$3.3. 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 Weiye Holdings Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$7.43. Based on the TTM, the Book Value Change Per Share is HK$-3.30 per quarter. Based on the YOY, the Book Value Change Per Share is HK$-0.40 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is HK$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Weiye Holdings Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.010.2%0.010.2%-0.09-2.7%0.010.2%0.030.8%
Usd Book Value Change Per Share-0.42-12.8%-0.42-12.8%-0.05-1.5%-0.02-0.7%0.092.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.42-12.8%-0.42-12.8%-0.05-1.5%-0.02-0.7%0.092.7%
Usd Price Per Share0.51-0.51-0.51-0.52-0.33-
Price to Earnings Ratio95.08-95.08--5.69-19.61-11.03-
Price-to-Total Gains Ratio-1.21--1.21--10.11-8.36-7.25-
Price to Book Ratio0.54-0.54-0.37-0.43-0.29-
Price-to-Total Gains Ratio-1.21--1.21--10.11-8.36-7.25-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.42174
Number of shares2371
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.42-0.02
Usd Total Gains Per Share-0.42-0.02
Gains per Quarter (2371 shares)-998.90-56.90
Gains per Year (2371 shares)-3,995.58-227.59
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-3996-40060-228-238
20-7991-80020-455-466
30-11987-119980-683-694
40-15982-159940-910-922
50-19978-199900-1138-1150
60-23973-239860-1366-1378
70-27969-279820-1593-1606
80-31965-319780-1821-1834
90-35960-359740-2048-2062
100-39956-399700-2276-2290

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%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%19.03.00.086.4%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%8.02.00.080.0%17.05.00.077.3%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%1.00.09.010.0%5.00.017.022.7%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%8.02.00.080.0%18.04.00.081.8%

Fundamentals of Weiye Holdings Ltd

About Weiye Holdings Ltd

Weiye Holdings Limited, an investment holding company, develops residential and commercial properties in the People's Republic of China, Singapore, and internationally. It operates through two segments, Property Development and Equipment Manufacturing. The company also constructs resettlement houses and leases investment properties. In addition, it manufactures and trades in heating, ventilation, air-conditioning, air purification, and clean room equipment, including fan filter units, air showers, clean booths, pass boxes, clean hand dryers, clean benches, deflection grilles, and air diffusers. Further, the company trades in building construction materials; develops intelligent parking software and hardware; and provides security system, property management and consultation, logistics management, cold chain logistics, ancillary, technology consultation and transfer, and after-sales services. It is also involved in the wholesale, import, and export of industrial products. Weiye Holdings Limited was incorporated in 1984 and is headquartered in Zhengzhou, China.

Fundamental data was last updated by Penke on 2024-03-25 09:27:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
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 just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

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

1.1. Profitability of Weiye Holdings Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Weiye Holdings Ltd to the  industry mean.
  • A Net Profit Margin of 0.6% means that $0.01 for each $1 in revenue is generated as profit.

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

  • The MRQ is 0.6%. The company is not making a profit/loss.
  • The TTM is 0.6%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.6%0.0%
TTM0.6%YOY-12.6%+13.1%
TTM0.6%5Y-1.2%+1.7%
5Y-1.2%10Y5.1%-6.2%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Weiye Holdings Ltd to the  industry mean.
  • 0.1% Return on Assets means that Weiye Holdings Ltd generated $0.00 profit for each $1 in assets.

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

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.1%0.0%
TTM0.1%YOY-1.6%+1.7%
TTM0.1%5Y0.2%0.0%
5Y0.2%10Y1.7%-1.5%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Weiye Holdings Ltd to the  industry mean.
  • 0.6% Return on Equity means Weiye Holdings Ltd generated $0.01 for each $1 the owners (shareholders) invested.

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

  • The MRQ is 0.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.6%0.0%
TTM0.6%YOY-9.5%+10.1%
TTM0.6%5Y0.3%+0.2%
5Y0.3%10Y7.8%-7.5%

1.2. Operating Efficiency of Weiye Holdings Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Weiye Holdings Ltd is operating .

  • Measures how much profit Weiye Holdings Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Weiye Holdings Ltd to the  industry mean.
  • An Operating Margin of 5.4% means the company generated $0.05  for each $1 in revenue (before taxes).

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

  • The MRQ is 5.4%. The company is operating less efficient.
  • The TTM is 5.4%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ5.4%TTM5.4%0.0%
TTM5.4%YOY-3.1%+8.5%
TTM5.4%5Y7.3%-1.8%
5Y7.3%10Y10.6%-3.4%
1.2.2. Operating Ratio

Measures how efficient Weiye Holdings Ltd is keeping operating costs low.

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

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

  • The MRQ is 1.800. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.800. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.800TTM1.8000.000
TTM1.800YOY1.878-0.079
TTM1.8005Y1.431+0.369
5Y1.43110Y1.145+0.285

1.3. Liquidity of Weiye Holdings Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 1.38 means the company has $1.38 in assets for each $1 in short-term debts.

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

  • The MRQ is 1.378. The company is just able to pay all its short-term debts.
  • The TTM is 1.378. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.378TTM1.3780.000
TTM1.378YOY1.328+0.050
TTM1.3785Y1.346+0.032
5Y1.34610Y1.526-0.180
1.3.2. Quick Ratio

Measures if Weiye Holdings Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Weiye Holdings Ltd to the  industry mean.
  • A Quick Ratio of 0.19 means the company can pay off $0.19 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 0.194. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.194. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.194TTM0.1940.000
TTM0.194YOY0.183+0.011
TTM0.1945Y0.301-0.108
5Y0.30110Y0.426-0.125

1.4. Solvency of Weiye Holdings Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Weiye Holdings Ltd to industry mean.
  • A Debt to Asset Ratio of 0.76 means that Weiye Holdings Ltd assets are financed with 76.1% credit (debt) and the remaining percentage (100% - 76.1%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.761. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.761. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.761TTM0.7610.000
TTM0.761YOY0.757+0.004
TTM0.7615Y0.7620.000
5Y0.76210Y0.755+0.006
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Weiye Holdings Ltd to the  industry mean.
  • A Debt to Equity ratio of 318.8% means that company has $3.19 debt for each $1 in shareholders equity.

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

  • The MRQ is 3.188. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.188. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.188TTM3.1880.000
TTM3.188YOY4.495-1.308
TTM3.1885Y3.997-0.809
5Y3.99710Y3.793+0.204

2. Market Valuation of Weiye Holdings Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Weiye Holdings Ltd generates.

  • Above 15 is considered overpriced but always compare Weiye Holdings Ltd to the  industry mean.
  • A PE ratio of 95.08 means the investor is paying $95.08 for every $1 in earnings.

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

  • The EOD is 78.444. Based on the earnings, the company is expensive. -2
  • The MRQ is 95.083. Based on the earnings, the company is expensive. -2
  • The TTM is 95.083. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD78.444MRQ95.083-16.640
MRQ95.083TTM95.0830.000
TTM95.083YOY-5.691+100.774
TTM95.0835Y19.609+75.474
5Y19.60910Y11.034+8.575
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 24.267. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 29.415. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 29.415. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD24.267MRQ29.415-5.148
MRQ29.415TTM29.4150.000
TTM29.415YOY0.849+28.565
TTM29.4155Y6.467+22.947
5Y6.46710Y2.895+3.573
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 0.54 means the investor is paying $0.54 for each $1 in book value.

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

  • The EOD is 0.444. Based on the equity, the company is cheap. +2
  • The MRQ is 0.538. Based on the equity, the company is cheap. +2
  • The TTM is 0.538. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.444MRQ0.538-0.094
MRQ0.538TTM0.5380.000
TTM0.538YOY0.375+0.164
TTM0.5385Y0.427+0.111
5Y0.42710Y0.285+0.142
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Weiye Holdings Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---3.297-3.2970%-0.398-88%-0.188-94%0.709-565%
Book Value Per Share--7.4327.4320%10.728-31%9.737-24%7.287+2%
Current Ratio--1.3781.3780%1.328+4%1.346+2%1.526-10%
Debt To Asset Ratio--0.7610.7610%0.757+1%0.7620%0.755+1%
Debt To Equity Ratio--3.1883.1880%4.495-29%3.997-20%3.793-16%
Dividend Per Share----0%-0%-0%0.001-100%
Eps--0.0420.0420%-0.706+1779%0.042-1%0.202-79%
Free Cash Flow Per Share--0.1360.1360%4.733-97%1.529-91%1.082-87%
Free Cash Flow To Equity Per Share---2.988-2.9880%-0.410-86%-1.409-53%-0.409-86%
Gross Profit Margin--1.0001.0000%1.0000%0.694+44%0.662+51%
Intrinsic Value_10Y_max--20.230--------
Intrinsic Value_10Y_min---29.825--------
Intrinsic Value_1Y_max--2.188--------
Intrinsic Value_1Y_min--0.056--------
Intrinsic Value_3Y_max--6.452--------
Intrinsic Value_3Y_min---2.467--------
Intrinsic Value_5Y_max--10.568--------
Intrinsic Value_5Y_min---7.861--------
Market Cap647238873.600-21%784532000.000784532000.0000%788454660.0000%799830374.000-2%511907130.000+53%
Net Profit Margin--0.0060.0060%-0.126+2285%-0.012+303%0.051-89%
Operating Margin--0.0540.0540%-0.031+156%0.073-25%0.106-49%
Operating Ratio--1.8001.8000%1.878-4%1.431+26%1.145+57%
Pb Ratio0.444-21%0.5380.5380%0.375+44%0.427+26%0.285+89%
Pe Ratio78.444-21%95.08395.0830%-5.691+106%19.609+385%11.034+762%
Price Per Share3.300-21%4.0004.0000%4.0200%4.078-2%2.610+53%
Price To Free Cash Flow Ratio24.267-21%29.41529.4150%0.849+3363%6.467+355%2.895+916%
Price To Total Gains Ratio-1.001+18%-1.213-1.2130%-10.109+733%8.363-115%7.252-117%
Quick Ratio--0.1940.1940%0.183+6%0.301-36%0.426-55%
Return On Assets--0.0010.0010%-0.016+1283%0.002-24%0.017-92%
Return On Equity--0.0060.0060%-0.095+1777%0.003+65%0.078-93%
Total Gains Per Share---3.297-3.2970%-0.398-88%-0.188-94%0.709-565%
Usd Book Value--186282186.830186282186.8300%268912437.050-31%244062292.069-24%208574268.512-11%
Usd Book Value Change Per Share---0.421-0.4210%-0.051-88%-0.024-94%0.091-565%
Usd Book Value Per Share--0.9500.9500%1.371-31%1.244-24%0.931+2%
Usd Dividend Per Share----0%-0%-0%0.000-100%
Usd Eps--0.0050.0050%-0.090+1779%0.005-1%0.026-79%
Usd Free Cash Flow--3408630.5823408630.5820%118642277.433-97%38327705.459-91%23375602.479-85%
Usd Free Cash Flow Per Share--0.0170.0170%0.605-97%0.195-91%0.138-87%
Usd Free Cash Flow To Equity Per Share---0.382-0.3820%-0.052-86%-0.180-53%-0.052-86%
Usd Market Cap82717128.046-21%100263189.600100263189.6000%100764505.5480%102218321.797-2%65421731.214+53%
Usd Price Per Share0.422-21%0.5110.5110%0.5140%0.521-2%0.334+53%
Usd Profit--1054479.3981054479.3980%-17705573.411+1779%1061062.115-1%10466409.854-90%
Usd Revenue--183440001.837183440001.8370%140966678.044+30%211995193.287-13%194433443.951-6%
Usd Total Gains Per Share---0.421-0.4210%-0.051-88%-0.024-94%0.091-565%
 EOD+5 -3MRQTTM+0 -0YOY+14 -195Y+7 -2710Y+7 -29

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1578.444
Price to Book Ratio (EOD)Between0-10.444
Net Profit Margin (MRQ)Greater than00.006
Operating Margin (MRQ)Greater than00.054
Quick Ratio (MRQ)Greater than10.194
Current Ratio (MRQ)Greater than11.378
Debt to Asset Ratio (MRQ)Less than10.761
Debt to Equity Ratio (MRQ)Less than13.188
Return on Equity (MRQ)Greater than0.150.006
Return on Assets (MRQ)Greater than0.050.001
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5095.385
Ma 20Greater thanMa 503.200
Ma 50Greater thanMa 1002.751
Ma 100Greater thanMa 2002.470
OpenGreater thanClose3.300
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets5,640,773
Total Liabilities4,293,756
Total Stockholder Equity1,347,017
 As reported
Total Liabilities 4,293,756
Total Stockholder Equity+ 1,347,017
Total Assets = 5,640,773

Assets

Total Assets5,640,773
Total Current Assets4,746,122
Long-term Assets894,651
Total Current Assets
Cash And Cash Equivalents 221,592
Short-term Investments 190,313
Net Receivables 64,537
Inventory 3,238,002
Other Current Assets 370,466
Total Current Assets  (as reported)4,746,122
Total Current Assets  (calculated)4,084,910
+/- 661,212
Long-term Assets
Property Plant Equipment 171,512
Intangible Assets 668
Other Assets 32,947
Long-term Assets  (as reported)894,651
Long-term Assets  (calculated)205,127
+/- 689,524

Liabilities & Shareholders' Equity

Total Current Liabilities3,444,688
Long-term Liabilities363,409
Total Stockholder Equity1,347,017
Total Current Liabilities
Short-term Debt 42,778
Short Long Term Debt 770,343
Accounts payable 383,022
Other Current Liabilities 2,128,937
Total Current Liabilities  (as reported)3,444,688
Total Current Liabilities  (calculated)3,325,080
+/- 119,608
Long-term Liabilities
Long term Debt Total 65,148
Long term Debt 64,750
Capital Lease Obligations 3,175
Long-term Liabilities  (as reported)363,409
Long-term Liabilities  (calculated)133,073
+/- 230,336
Total Stockholder Equity
Common Stock359,700
Retained Earnings 1,077,822
Other Stockholders Equity -90,505
Total Stockholder Equity (as reported)1,347,017
Total Stockholder Equity (calculated)1,347,017
+/-0
Other
Capital Stock359,700
Cash And Equivalents407,971
Cash and Short Term Investments 411,905
Common Stock Shares Outstanding 196,133
Liabilities and Stockholders Equity 5,640,773
Net Debt 427,122
Net Invested Capital 2,182,110
Net Working Capital 1,301,434
Property Plant and Equipment Gross 226,180



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-31
> Total Assets 
15,136
17,669
17,746
18,180
21,855
116,597
134,389
112,667
104,096
88,984
103,953
21,919
1,562,105
1,831,260
3,277,486
4,464,205
5,129,862
6,210,652
6,269,329
6,923,878
8,881,092
7,796,227
8,006,619
5,640,773
5,640,7738,006,6197,796,2278,881,0926,923,8786,269,3296,210,6525,129,8624,464,2053,277,4861,831,2601,562,10521,919103,95388,984104,096112,667134,389116,59721,85518,18017,74617,66915,136
   > Total Current Assets 
0
0
0
0
0
64,712
77,566
56,875
49,348
41,739
55,964
0
1,415,652
1,724,848
3,129,986
3,608,441
4,307,057
5,141,794
5,095,549
5,869,815
8,026,270
6,639,374
7,092,182
4,746,122
4,746,1227,092,1826,639,3748,026,2705,869,8155,095,5495,141,7944,307,0573,608,4413,129,9861,724,8481,415,652055,96441,73949,34856,87577,56664,71200000
       Cash And Cash Equivalents 
1,390
1,376
1,249
756
1,864
13,166
11,957
22,807
4,866
8,530
7,561
2,759
401,534
279,945
553,269
593,230
883,610
1,083,179
803,904
832,984
981,584
876,548
916,946
221,592
221,592916,946876,548981,584832,984803,9041,083,179883,610593,230553,269279,945401,5342,7597,5618,5304,86622,80711,95713,1661,8647561,2491,3761,390
       Short-term Investments 
0
734
0
0
0
0
0
0
0
0
0
0
2,017
898
838
8,452
19,425
2,320
6,520
12,079
19,571
9,000
5,200
190,313
190,3135,2009,00019,57112,0796,5202,32019,4258,4528388982,01700000000007340
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,174,090
1,328,193
1,087,908
953,226
855,751
756,856
1,289,390
49,326
64,537
64,53749,3261,289,390756,856855,751953,2261,087,9081,328,1931,174,090000000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
532,473
982,226
362,523
532,761
722,245
1,349,872
39,054
440,804
370,466
370,466440,80439,0541,349,872722,245532,761362,523982,226532,473000000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,068,858
1,173,780
1,054,063
854,822
1,156,853
914,437
894,651
894,651914,4371,156,853854,8221,054,0631,173,7801,068,85800000000000000000
       Property Plant Equipment 
5,779
6,476
6,632
9,038
8,454
9,140
9,579
9,661
8,919
8,285
8,170
7,925
83,586
84,042
80,875
54,148
43,850
57,068
55,379
54,535
80,788
84,564
63,613
171,512
171,51263,61384,56480,78854,53555,37957,06843,85054,14880,87584,04283,5867,9258,1708,2858,9199,6619,5799,1408,4549,0386,6326,4765,779
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
5,663
0
0
0
0
0
0
0
0
0
0
0
000000000005,663000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
140,071
132,576
288,682
403,144
403,144
110,000
0
0
0
000110,000403,144403,144288,682132,576140,071000000000000000
       Intangible Assets 
559
517
601
897
973
5,235
6,474
7,799
6,891
6,407
6,761
1,175
6,108
474
402
1,322
402
3,421
3,726
676
1,476
1,256
985
668
6689851,2561,4766763,7263,4214021,3224024746,1081,1756,7616,4076,8917,7996,4745,235973897601517559
       Other Assets 
0
266
342
333
589
773
945
134
353
279
273
62
58,962
330,256
0
660,735
645,748
722,474
715,047
595,708
662,558
713,083
737,256
32,947
32,947737,256713,083662,558595,708715,047722,474645,748660,7350330,25658,962622732793531349457735893333422660
> Total Liabilities 
9,995
11,828
7,026
7,338
9,368
54,895
63,857
37,739
44,074
35,941
43,350
7,215
1,000,271
1,202,978
2,367,239
3,291,118
3,851,570
4,831,487
4,752,138
5,174,745
7,114,223
5,779,626
6,062,098
4,293,756
4,293,7566,062,0985,779,6267,114,2235,174,7454,752,1384,831,4873,851,5703,291,1182,367,2391,202,9781,000,2717,21543,35035,94144,07437,73963,85754,8959,3687,3387,02611,8289,995
   > Total Current Liabilities 
0
0
0
0
0
44,017
50,097
25,852
34,976
24,557
32,619
0
819,219
1,045,256
1,703,525
2,156,681
2,130,166
3,244,340
3,618,259
4,470,227
5,956,666
4,871,328
5,339,683
3,444,688
3,444,6885,339,6834,871,3285,956,6664,470,2273,618,2593,244,3402,130,1662,156,6811,703,5251,045,256819,219032,61924,55734,97625,85250,09744,01700000
       Short-term Debt 
0
0
0
0
0
21,373
11,836
9,747
13,974
13,583
11,706
0
65,570
237,477
343,974
715,150
755,292
1,738,832
1,117,101
1,618,361
1,610,697
1,453,322
914,892
42,778
42,778914,8921,453,3221,610,6971,618,3611,117,1011,738,832755,292715,150343,974237,47765,570011,70613,58313,9749,74711,83621,37300000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,150
751,300
1,738,832
1,117,101
1,618,361
1,610,697
1,453,322
1,185,224
770,343
770,3431,185,2241,453,3221,610,6971,618,3611,117,1011,738,832751,3001,150000000000000000
       Accounts payable 
2,573
4,260
1,617
1,305
3,412
3,373
5,731
1,592
3,193
1,485
2,996
1,552
192,530
239,379
0
442,944
434,626
383,201
476,575
539,821
529,290
892,378
620,842
383,022
383,022620,842892,378529,290539,821476,575383,201434,626442,9440239,379192,5301,5522,9961,4853,1931,5925,7313,3733,4121,3051,6174,2602,573
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
945,362
898,947
1,110,462
1,833,233
1,792,919
3,672,122
2,525,628
3,357,795
2,128,937
2,128,9373,357,7952,525,6283,672,1221,792,9191,833,2331,110,462898,947945,362000000000000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,587,147
1,133,879
704,518
1,157,557
908,298
722,415
363,409
363,409722,415908,2981,157,557704,5181,133,8791,587,14700000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,499,515
1,345,088
878,325
420,196
787,369
507,886
344,018
65,148
65,148344,018507,886787,369420,196878,3251,345,0881,499,5150000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
920
2,494
3,205
3,516
0
0
0
0
0
000003,5163,2052,494920000000000000000
> Total Stockholder Equity
5,129
5,809
10,720
10,842
12,487
12,564
13,968
15,083
11,915
11,243
12,487
14,704
561,834
624,904
0
1,047,292
1,140,023
1,201,343
1,316,563
1,486,687
1,452,577
1,473,144
1,348,494
1,347,017
1,347,0171,348,4941,473,1441,452,5771,486,6871,316,5631,201,3431,140,0231,047,2920624,904561,83414,70412,48711,24311,91515,08313,96812,56412,48710,84210,7205,8095,129
   Common Stock
5,129
5,809
5,952
5,952
5,952
5,952
7,583
7,583
7,583
7,583
7,583
9,450
343,423
359,700
0
359,700
359,700
359,700
359,700
359,700
359,700
359,700
359,700
359,700
359,700359,700359,700359,700359,700359,700359,700359,700359,7000359,700343,4239,4507,5837,5837,5837,5837,5835,9525,9525,9525,9525,8095,129
   Retained Earnings Total Equity000000000000000000000000
   Accumulated Other Comprehensive Income 000-57,676-44,962-38,669-43,945-45,392-46,725-47,302-44,986-38,8330-38,632-37,106-36,80400000000
   Capital Surplus 000000000000000000000000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-71,067
-72,454
-76,483
-77,424
-78,850
-82,070
1,113,444
-81,403
-90,505
-90,505-81,4031,113,444-82,070-78,850-77,424-76,483-72,454-71,067000000000000000



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 (+$)
totalRevenue1,326,465
Cost of Revenue-1,120,229
Gross Profit206,236206,236
 
Operating Income (+$)
Gross Profit206,236
Operating Expense-1,266,916
Operating Income81,560-1,060,680
 
Operating Expense (+$)
Research Development-
Selling General Administrative130,700
Selling And Marketing Expenses-
Operating Expense1,266,916130,700
 
Net Interest Income (+$)
Interest Income24,037
Interest Expense-186
Other Finance Cost-48,025
Net Interest Income-24,174
 
Pretax Income (+$)
Operating Income81,560
Net Interest Income-24,174
Other Non-Operating Income Expenses-
Income Before Tax (EBT)57,38681,560
EBIT - interestExpense = 72,034
7,625
7,811
Interest Expense186
Earnings Before Interest and Taxes (EBIT)72,22057,572
Earnings Before Interest and Taxes (EBITDA)100,731
 
After tax Income (+$)
Income Before Tax57,386
Tax Provision-10,680
Net Income From Continuing Ops46,70646,706
Net Income7,625
Net Income Applicable To Common Shares7,625
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses2,911
Total Other Income/Expenses Net-24,174
 

Technical Analysis of Weiye Holdings Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Weiye Holdings Ltd. The general trend of Weiye Holdings Ltd is BULLISH with 57.1% 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 Weiye Holdings Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
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 Weiye Holdings Ltd.

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

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

The bullish price targets are: < < .

The bearish price targets are: 3.21 > 3.18 > 3.15.

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Weiye Holdings Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Weiye Holdings Ltd. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above 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 lower 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 lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -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

Weiye Holdings Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Weiye Holdings Ltd. The current macd is 0.1567922.

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 Weiye Holdings 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 Weiye Holdings 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 Weiye Holdings 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
Weiye Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) ChartWeiye Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Weiye Holdings Ltd. The current adx is 88.74.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Weiye Holdings Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Weiye Holdings Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Weiye Holdings Ltd. The current sar is 3.20413185.

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
Weiye Holdings Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Weiye Holdings Ltd. The current rsi is 95.38. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -1/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
Weiye Holdings Ltd Daily Relative Strength Index (RSI) ChartWeiye Holdings Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Weiye Holdings Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Weiye Holdings Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Weiye Holdings Ltd Daily Stochastic Oscillator ChartWeiye Holdings Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Weiye Holdings Ltd. The current cci is 66.67.

Weiye Holdings Ltd Daily Commodity Channel Index (CCI) ChartWeiye Holdings Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Weiye Holdings Ltd. The current cmo is 89.59.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Weiye Holdings Ltd Daily Chande Momentum Oscillator (CMO) ChartWeiye Holdings Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Weiye Holdings Ltd. The current willr is 0.

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

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

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Weiye Holdings Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Weiye Holdings Ltd. The current atr is 0.01824553.

Weiye Holdings Ltd Daily Average True Range (ATR) ChartWeiye Holdings Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Weiye Holdings Ltd. The current obv is 31,004.

Weiye Holdings Ltd Daily On-Balance Volume (OBV) ChartWeiye Holdings Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Weiye Holdings Ltd. The current mfi is 100.00.

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

  • MFI > 50: +1
  • MFI > 80: +1
Weiye Holdings Ltd Daily Money Flow Index (MFI) ChartWeiye Holdings Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Weiye Holdings Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Weiye Holdings Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5095.385
Ma 20Greater thanMa 503.200
Ma 50Greater thanMa 1002.751
Ma 100Greater thanMa 2002.470
OpenGreater thanClose3.300
Total3/5 (60.0%)
Penke

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