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China Man-Made Fiber Corp
Buy, Hold or Sell?

Let's analyse China Man-Made Fiber Corp together

PenkeI guess you are interested in China Man-Made Fiber Corp. 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 China Man-Made Fiber Corp. 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 China Man-Made Fiber Corp (30 sec.)










What can you expect buying and holding a share of China Man-Made Fiber Corp? (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?
30.0%

What is your share worth?

Current worth
NT$59.24
Expected worth in 1 year
NT$62.62
How sure are you?
87.5%

+ What do you gain per year?

Total Gains per Share
NT$3.37
Return On Investment
46.4%

For what price can you sell your share?

Current Price per Share
NT$7.26
Expected price per share
NT$7.13 - NT$8.06
How sure are you?
50%

1. Valuation of China Man-Made Fiber Corp (5 min.)




Live pricePrice per Share (EOD)

NT$7.26

Intrinsic Value Per Share

NT$203.40 - NT$685.72

Total Value Per Share

NT$262.64 - NT$744.97

2. Growth of China Man-Made Fiber Corp (5 min.)




Is China Man-Made Fiber Corp growing?

Current yearPrevious yearGrowGrow %
How rich?$2.4b$2.2b$144.9m6.0%

How much money is China Man-Made Fiber Corp making?

Current yearPrevious yearGrowGrow %
Making money-$12.4m-$10.5m-$1.8m-14.8%
Net Profit Margin-4.4%-4.0%--

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

3. Financial Health of China Man-Made Fiber Corp (5 min.)




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




  Industry Rankings (Chemicals)  


Richest
#40 / 319

Most Revenue
#113 / 319

Most Profit
#286 / 319

Most Efficient
#267 / 319

What can you expect buying and holding a share of China Man-Made Fiber Corp? (5 min.)

Welcome investor! China Man-Made Fiber Corp's management wants to use your money to grow the business. In return you get a share of China Man-Made Fiber Corp.

What can you expect buying and holding a share of China Man-Made Fiber Corp?

First you should know what it really means to hold a share of China Man-Made Fiber Corp. And how you can make/lose money.

Speculation

The Price per Share of China Man-Made Fiber Corp is NT$7.26. 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 China Man-Made Fiber Corp.
  • 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 China Man-Made Fiber Corp, 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$59.24. Based on the TTM, the Book Value Change Per Share is NT$0.84 per quarter. Based on the YOY, the Book Value Change Per Share is NT$0.60 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 China Man-Made Fiber Corp.

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 Eps-0.02-0.3%-0.01-0.1%-0.01-0.1%0.000.0%0.000.0%
Usd Book Value Change Per Share0.050.6%0.030.4%0.020.3%0.020.3%0.020.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.050.6%0.030.4%0.020.3%0.030.4%0.020.3%
Usd Price Per Share0.26-0.25-0.27-0.28-0.32-
Price to Earnings Ratio-3.05--138.28--10.86--34.94--18.46-
Price-to-Total Gains Ratio5.48-15.82-6.74-4.01-10.11-
Price to Book Ratio0.14-0.14-0.16-0.18-0.24-
Price-to-Total Gains Ratio5.48-15.82-6.74-4.01-10.11-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.227238
Number of shares4400
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.030.02
Usd Total Gains Per Share0.030.03
Gains per Quarter (4400 shares)116.08113.66
Gains per Year (4400 shares)464.30454.63
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1046445419435445
2092991839871900
30139313825813061355
40185718467717411810
50232223109621772265
602786277411626122720
703250323813530473175
803714370215434833630
904179416617439184085
1004643463019343534540

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%2.010.00.016.7%3.017.00.015.0%16.019.05.040.0%31.019.014.048.4%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%17.03.00.085.0%35.05.00.087.5%52.012.00.081.3%
Dividend per Share0.00.04.00.0%4.00.08.033.3%8.00.012.040.0%12.00.028.030.0%15.00.049.023.4%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%17.03.00.085.0%35.05.00.087.5%52.012.00.081.3%

Fundamentals of China Man-Made Fiber Corp

About China Man-Made Fiber Corp

China Man-Made Fiber Corporation manufactures and sells man-made fibers, cellophane, polyamine fiber, polyester fiber, chemicals, and the raw materials primarily in Taiwan. The company offers mono-ethylene, di-ethylene, and tri-ethylene glycol; ethylene oxide (EO), and nonyl-phenol; polyester chips, polyester partially oriented yarns, polyester spin drawn yarns, and polyester drawn textured yarns. It also offers machinery; leases and sells national housing and commercial buildings; distributes, sorts, and stores various products; manages supermarkets; trades in fresh foods, vegetables, fish, dried merchandise, and various seasonings; and operates gas stations. In addition, the company manufactures and sells steam, and industrial and commercial electricity by cogeneration; oxygen, liquid oxygen, nitrogen, liquid nitrogen, air argon, liquid argon, carbon dioxide, and compressed air; cosmetics and cleaning appliances; and food products. Further, it distributes and warehouses beverages; and engages in restaurant and petrochemical business. Additionally, the company provides short-term accommodation services; banking products; insurance and general investment services; and securities brokerage services, as well as agency, distribution, and contract bidding services for installation of cogeneration and pollution control equipment. The company also exports its products. China Man-Made Fiber Corporation was founded in 1955 and is headquartered in Taipei City, Taiwan.

Fundamental data was last updated by Penke on 2024-03-25 10:47:05.

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 efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not 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 expensive.

1.1. Profitability of China Man-Made Fiber Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit China Man-Made Fiber Corp earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare China Man-Made Fiber Corp to the Chemicals industry mean.
  • A Net Profit Margin of -9.7% means that NT$-0.10 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of China Man-Made Fiber Corp:

  • The MRQ is -9.7%. The company is making a loss. -1
  • The TTM is -4.4%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-9.7%TTM-4.4%-5.3%
TTM-4.4%YOY-4.0%-0.4%
TTM-4.4%5Y-1.5%-2.9%
5Y-1.5%10Y0.4%-1.9%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.7%3.0%-12.7%
TTM-4.4%3.6%-8.0%
YOY-4.0%6.5%-10.5%
5Y-1.5%5.2%-6.7%
10Y0.4%5.6%-5.2%
1.1.2. Return on Assets

Shows how efficient China Man-Made Fiber Corp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare China Man-Made Fiber Corp to the Chemicals industry mean.
  • -0.1% Return on Assets means that China Man-Made Fiber Corp generated NT$0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of China Man-Made Fiber Corp:

  • The MRQ is -0.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.1%TTM0.0%-0.1%
TTM0.0%YOY0.0%0.0%
TTM0.0%5Y0.0%0.0%
5Y0.0%10Y0.0%0.0%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.1%0.6%-0.7%
TTM0.0%0.7%-0.7%
YOY0.0%1.5%-1.5%
5Y0.0%1.1%-1.1%
10Y0.0%1.2%-1.2%
1.1.3. Return on Equity

Shows how efficient China Man-Made Fiber Corp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare China Man-Made Fiber Corp to the Chemicals industry mean.
  • -4.3% Return on Equity means China Man-Made Fiber Corp generated NT$-0.04 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of China Man-Made Fiber Corp:

  • The MRQ is -4.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.3%TTM-1.9%-2.4%
TTM-1.9%YOY-1.5%-0.4%
TTM-1.9%5Y-0.7%-1.2%
5Y-0.7%10Y0.2%-0.9%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.3%1.1%-5.4%
TTM-1.9%1.3%-3.2%
YOY-1.5%2.9%-4.4%
5Y-0.7%2.1%-2.8%
10Y0.2%2.2%-2.0%

1.2. Operating Efficiency of China Man-Made Fiber Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient China Man-Made Fiber Corp is operating .

  • Measures how much profit China Man-Made Fiber Corp 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 China Man-Made Fiber Corp to the Chemicals 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 China Man-Made Fiber Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM20.2%-20.2%
TTM20.2%YOY27.4%-7.2%
TTM20.2%5Y20.3%-0.1%
5Y20.3%10Y15.3%+5.0%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.7%-6.7%
TTM20.2%3.0%+17.2%
YOY27.4%8.8%+18.6%
5Y20.3%7.3%+13.0%
10Y15.3%5.9%+9.4%
1.2.2. Operating Ratio

Measures how efficient China Man-Made Fiber Corp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Chemicals industry mean).
  • An Operation Ratio of 0.82 means that the operating costs are NT$0.82 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of China Man-Made Fiber Corp:

  • The MRQ is 0.818. The company is less efficient in keeping operating costs low.
  • The TTM is 0.896. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.818TTM0.896-0.077
TTM0.896YOY1.268-0.372
TTM0.8965Y1.350-0.455
5Y1.35010Y1.113+0.238
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8181.721-0.903
TTM0.8961.699-0.803
YOY1.2681.582-0.314
5Y1.3501.633-0.283
10Y1.1131.314-0.201

1.3. Liquidity of China Man-Made Fiber Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if China Man-Made Fiber Corp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Chemicals industry mean).
  • A Current Ratio of 0.86 means the company has NT$0.86 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of China Man-Made Fiber Corp:

  • The MRQ is 0.861. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.867. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.861TTM0.867-0.006
TTM0.867YOY0.869-0.002
TTM0.8675Y0.859+0.008
5Y0.85910Y0.631+0.228
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8611.606-0.745
TTM0.8671.617-0.750
YOY0.8691.682-0.813
5Y0.8591.774-0.915
10Y0.6311.346-0.715
1.3.2. Quick Ratio

Measures if China Man-Made Fiber Corp is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare China Man-Made Fiber Corp to the Chemicals industry mean.
  • A Quick Ratio of 0.07 means the company can pay off NT$0.07 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of China Man-Made Fiber Corp:

  • The MRQ is 0.069. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.439. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.069TTM0.439-0.370
TTM0.439YOY0.797-0.358
TTM0.4395Y0.612-0.173
5Y0.61210Y0.701-0.089
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0690.601-0.532
TTM0.4390.635-0.196
YOY0.7970.779+0.018
5Y0.6120.738-0.126
10Y0.7010.746-0.045

1.4. Solvency of China Man-Made Fiber Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of China Man-Made Fiber Corp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare China Man-Made Fiber Corp to Chemicals industry mean.
  • A Debt to Asset Ratio of 0.91 means that China Man-Made Fiber Corp assets are financed with 91.2% credit (debt) and the remaining percentage (100% - 91.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of China Man-Made Fiber Corp:

  • The MRQ is 0.912. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.910. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.912TTM0.910+0.002
TTM0.910YOY0.911-0.001
TTM0.9105Y0.913-0.003
5Y0.91310Y0.916-0.003
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9120.419+0.493
TTM0.9100.420+0.490
YOY0.9110.425+0.486
5Y0.9130.405+0.508
10Y0.9160.420+0.496
1.4.2. Debt to Equity Ratio

Measures if China Man-Made Fiber Corp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare China Man-Made Fiber Corp to the Chemicals industry mean.
  • A Debt to Equity ratio of 3,925.8% means that company has NT$39.26 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of China Man-Made Fiber Corp:

  • The MRQ is 39.258. The company is unable to pay all its debts with equity. -1
  • The TTM is 36.765. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ39.258TTM36.765+2.493
TTM36.765YOY33.033+3.731
TTM36.7655Y32.068+4.697
5Y32.06810Y30.035+2.033
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ39.2580.799+38.459
TTM36.7650.758+36.007
YOY33.0330.743+32.290
5Y32.0680.761+31.307
10Y30.0350.817+29.218

2. Market Valuation of China Man-Made Fiber Corp

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 China Man-Made Fiber Corp generates.

  • Above 15 is considered overpriced but always compare China Man-Made Fiber Corp to the Chemicals industry mean.
  • A PE ratio of -3.05 means the investor is paying NT$-3.05 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of China Man-Made Fiber Corp:

  • The EOD is -2.708. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.047. Based on the earnings, the company is expensive. -2
  • The TTM is -138.282. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.708MRQ-3.047+0.339
MRQ-3.047TTM-138.282+135.234
TTM-138.282YOY-10.860-127.421
TTM-138.2825Y-34.939-103.342
5Y-34.93910Y-18.461-16.478
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-2.7089.085-11.793
MRQ-3.0479.548-12.595
TTM-138.28213.259-151.541
YOY-10.86012.221-23.081
5Y-34.93914.106-49.045
10Y-18.46122.461-40.922
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of China Man-Made Fiber Corp:

  • The EOD is 0.123. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.138. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -0.441. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD0.123MRQ0.138-0.015
MRQ0.138TTM-0.441+0.579
TTM-0.441YOY-0.843+0.402
TTM-0.4415Y-0.650+0.209
5Y-0.65010Y0.479-1.129
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD0.1231.984-1.861
MRQ0.1382.261-2.123
TTM-0.4411.188-1.629
YOY-0.8430.443-1.286
5Y-0.6501.741-2.391
10Y0.4792.252-1.773
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of China Man-Made Fiber Corp is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Chemicals industry mean).
  • A PB ratio of 0.14 means the investor is paying NT$0.14 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of China Man-Made Fiber Corp:

  • The EOD is 0.123. Based on the equity, the company is cheap. +2
  • The MRQ is 0.138. Based on the equity, the company is cheap. +2
  • The TTM is 0.141. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.123MRQ0.138-0.015
MRQ0.138TTM0.141-0.003
TTM0.141YOY0.157-0.016
TTM0.1415Y0.178-0.037
5Y0.17810Y0.240-0.062
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD0.1231.289-1.166
MRQ0.1381.431-1.293
TTM0.1411.495-1.354
YOY0.1571.902-1.745
5Y0.1781.750-1.572
10Y0.2402.069-1.829
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of China Man-Made Fiber Corp 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--1.4900.843+77%0.597+150%0.790+89%0.702+112%
Book Value Per Share--59.24457.708+3%54.253+9%51.028+16%44.436+33%
Current Ratio--0.8610.867-1%0.869-1%0.859+0%0.631+36%
Debt To Asset Ratio--0.9120.910+0%0.911+0%0.9130%0.9160%
Debt To Equity Ratio--39.25836.765+7%33.033+19%32.068+22%30.035+31%
Dividend Per Share----0%-0%0.035-100%0.028-100%
Eps---0.670-0.296-56%-0.252-62%-0.101-85%0.031-2282%
Free Cash Flow Per Share--14.8104.284+246%-0.316+102%2.017+634%3.537+319%
Free Cash Flow To Equity Per Share--14.8104.753+212%0.155+9483%2.366+526%3.999+270%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.875+14%
Intrinsic Value_10Y_max--685.723--------
Intrinsic Value_10Y_min--203.395--------
Intrinsic Value_1Y_max--22.077--------
Intrinsic Value_1Y_min--7.045--------
Intrinsic Value_3Y_max--101.875--------
Intrinsic Value_3Y_min--32.845--------
Intrinsic Value_5Y_max--224.525--------
Intrinsic Value_5Y_min--71.243--------
Market Cap9740596800.000-13%10961525600.00010914566800.000+0%11398277640.000-4%12074450104.480-9%13619380735.440-20%
Net Profit Margin---0.097-0.044-55%-0.040-59%-0.015-85%0.004-2418%
Operating Margin---0.202-100%0.274-100%0.203-100%0.153-100%
Operating Ratio--0.8180.896-9%1.268-35%1.350-39%1.113-26%
Pb Ratio0.123-13%0.1380.141-2%0.157-12%0.178-23%0.240-42%
Pe Ratio-2.708+11%-3.047-138.282+4438%-10.860+256%-34.939+1047%-18.461+506%
Price Per Share7.260-13%8.1708.135+0%8.495-4%8.999-9%10.151-20%
Price To Free Cash Flow Ratio0.123-13%0.138-0.441+420%-0.843+711%-0.650+571%0.479-71%
Price To Total Gains Ratio4.871-13%5.48215.816-65%6.744-19%4.014+37%10.115-46%
Quick Ratio--0.0690.439-84%0.797-91%0.612-89%0.701-90%
Return On Assets---0.0010.000-54%0.000-59%0.000-84%0.000-1138%
Return On Equity---0.043-0.019-56%-0.015-65%-0.007-84%0.002-2338%
Total Gains Per Share--1.4900.843+77%0.597+150%0.825+81%0.729+104%
Usd Book Value--2487914147.5002423416467.625+3%2278477928.600+9%2142948340.160+16%1866077647.678+33%
Usd Book Value Change Per Share--0.0470.026+77%0.019+150%0.025+89%0.022+112%
Usd Book Value Per Share--1.8541.806+3%1.698+9%1.597+16%1.391+33%
Usd Dividend Per Share----0%-0%0.001-100%0.001-100%
Usd Eps---0.021-0.009-56%-0.008-62%-0.003-85%0.001-2282%
Usd Free Cash Flow--621949623.500179900318.200+246%-13292186.650+102%84709861.455+634%137389179.345+353%
Usd Free Cash Flow Per Share--0.4640.134+246%-0.010+102%0.063+634%0.111+319%
Usd Free Cash Flow To Equity Per Share--0.4640.149+212%0.005+9483%0.074+526%0.125+270%
Usd Market Cap304880679.840-13%343095751.280341625940.840+0%356766090.132-4%377930288.270-9%426286617.019-20%
Usd Price Per Share0.227-13%0.2560.255+0%0.266-4%0.282-9%0.318-20%
Usd Profit---28148903.800-12419456.575-56%-10581379.725-62%-4259025.430-85%1290180.523-2282%
Usd Revenue--289968489.700287710664.200+1%264482722.925+10%260454228.255+11%270897578.893+7%
Usd Total Gains Per Share--0.0470.026+77%0.019+150%0.026+81%0.023+104%
 EOD+3 -5MRQTTM+18 -15YOY+16 -175Y+19 -1610Y+20 -16

3.2. Fundamental Score

Let's check the fundamental score of China Man-Made Fiber Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.708
Price to Book Ratio (EOD)Between0-10.123
Net Profit Margin (MRQ)Greater than0-0.097
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.069
Current Ratio (MRQ)Greater than10.861
Debt to Asset Ratio (MRQ)Less than10.912
Debt to Equity Ratio (MRQ)Less than139.258
Return on Equity (MRQ)Greater than0.15-0.043
Return on Assets (MRQ)Greater than0.05-0.001
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of China Man-Made Fiber Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5033.131
Ma 20Greater thanMa 507.435
Ma 50Greater thanMa 1007.680
Ma 100Greater thanMa 2007.921
OpenGreater thanClose7.260
Total0/5 (0.0%)



Reversals in quarterly reports

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

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Retained Earnings  3,794,347-459,0323,335,315-96,4333,238,882-2,717,538521,344-932,917-411,573



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in TWD. All numbers in thousands.

Summary
Total Assets902,189,921
Total Liabilities822,703,846
Total Stockholder Equity20,956,528
 As reported
Total Liabilities 822,703,846
Total Stockholder Equity+ 20,956,528
Total Assets = 902,189,921

Assets

Total Assets902,189,921
Total Current Assets683,292,033
Long-term Assets218,897,888
Total Current Assets
Cash And Cash Equivalents 28,987,601
Short-term Investments 42,049,515
Net Receivables 12,659,286
Inventory 1,449,599
Other Current Assets 325,743
Total Current Assets  (as reported)683,292,033
Total Current Assets  (calculated)85,471,744
+/- 597,820,289
Long-term Assets
Property Plant Equipment 29,008,339
Long-term Assets Other 2,825,730
Long-term Assets  (as reported)218,897,888
Long-term Assets  (calculated)31,834,069
+/- 187,063,819

Liabilities & Shareholders' Equity

Total Current Liabilities793,421,493
Long-term Liabilities29,282,353
Total Stockholder Equity20,956,528
Total Current Liabilities
Short Long Term Debt 36,142,857
Accounts payable 846,024
Other Current Liabilities 12,338,491
Total Current Liabilities  (as reported)793,421,493
Total Current Liabilities  (calculated)49,327,372
+/- 744,094,121
Long-term Liabilities
Long term Debt 21,190,175
Capital Lease Obligations Min Short Term Debt1,183,336
Long-term Liabilities Other 4,638,878
Long-term Liabilities  (as reported)29,282,353
Long-term Liabilities  (calculated)27,012,389
+/- 2,269,964
Total Stockholder Equity
Total Stockholder Equity (as reported)20,956,528
Total Stockholder Equity (calculated)0
+/- 20,956,528
Other
Capital Stock16,859,057
Common Stock Shares Outstanding 1,341,680
Net Debt 28,345,431
Net Invested Capital 78,289,560
Net Working Capital -110,129,460
Property Plant and Equipment Gross 29,008,339



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-06-302006-06-302005-12-312005-06-30
> Total Assets 
29,076,459
30,368,715
27,615,105
292,118,963
302,049,818
299,224,697
309,078,026
317,561,925
320,515,868
320,025,166
326,435,256
337,684,391
339,913,018
345,758,401
355,405,406
365,608,470
378,467,752
376,371,238
382,993,212
408,536,477
419,487,324
439,380,736
454,606,156
470,622,346
483,205,509
501,611,046
508,867,152
523,221,381
537,862,994
538,243,067
538,822,739
558,536,963
564,788,931
571,999,971
599,433,162
602,905,995
615,814,759
620,545,131
627,946,877
655,102,816
667,370,613
666,961,095
673,677,560
691,729,220
692,787,770
712,854,073
711,652,548
720,906,942
720,794,718
710,323,263
712,765,813
711,904,236
715,391,733
741,601,341
742,029,745
763,091,066
774,685,293
781,133,143
777,420,800
801,138,255
810,684,864
806,969,506
832,478,222
835,701,961
836,123,157
845,696,124
868,903,457
902,189,921
902,189,921868,903,457845,696,124836,123,157835,701,961832,478,222806,969,506810,684,864801,138,255777,420,800781,133,143774,685,293763,091,066742,029,745741,601,341715,391,733711,904,236712,765,813710,323,263720,794,718720,906,942711,652,548712,854,073692,787,770691,729,220673,677,560666,961,095667,370,613655,102,816627,946,877620,545,131615,814,759602,905,995599,433,162571,999,971564,788,931558,536,963538,822,739538,243,067537,862,994523,221,381508,867,152501,611,046483,205,509470,622,346454,606,156439,380,736419,487,324408,536,477382,993,212376,371,238378,467,752365,608,470355,405,406345,758,401339,913,018337,684,391326,435,256320,025,166320,515,868317,561,925309,078,026299,224,697302,049,818292,118,96327,615,10530,368,71529,076,459
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
571,675,943
526,112,953
527,821,214
531,659,703
542,862,601
538,607,121
554,368,410
553,618,378
561,120,444
556,891,376
546,404,162
543,140,187
538,261,854
538,888,456
556,416,977
553,991,994
573,571,299
584,517,645
589,753,258
587,702,326
604,324,432
612,605,897
612,752,709
634,899,977
644,385,133
641,149,119
641,682,124
655,133,261
683,292,033
683,292,033655,133,261641,682,124641,149,119644,385,133634,899,977612,752,709612,605,897604,324,432587,702,326589,753,258584,517,645573,571,299553,991,994556,416,977538,888,456538,261,854543,140,187546,404,162556,891,376561,120,444553,618,378554,368,410538,607,121542,862,601531,659,703527,821,214526,112,953571,675,943000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,562,265
14,995,699
13,184,229
13,424,930
18,417,172
15,059,467
17,535,402
18,312,135
18,846,662
16,875,651
18,785,421
14,228,272
14,544,223
12,184,352
17,614,918
15,605,720
14,685,747
13,311,435
17,110,756
18,721,592
20,670,197
17,210,637
14,402,064
20,447,386
28,216,965
20,382,542
13,791,268
16,680,812
28,987,601
28,987,60116,680,81213,791,26820,382,54228,216,96520,447,38614,402,06417,210,63720,670,19718,721,59217,110,75613,311,43514,685,74715,605,72017,614,91812,184,35214,544,22314,228,27218,785,42116,875,65118,846,66218,312,13517,535,40215,059,46718,417,17213,424,93013,184,22914,995,69917,562,265000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
54,500,000
0
0
0
30,121,642
29,704,135
30,396,023
30,528,394
31,768,897
39,583,619
42,201,444
38,901,203
35,361,928
34,098,078
37,131,265
38,103,633
44,198,095
47,686,926
49,355,995
46,233,081
45,297,452
45,927,645
39,467,594
48,705,358
40,862,428
45,409,662
45,232,237
43,526,004
42,049,515
42,049,51543,526,00445,232,23745,409,66240,862,42848,705,35839,467,59445,927,64545,297,45246,233,08149,355,99547,686,92644,198,09538,103,63337,131,26534,098,07835,361,92838,901,20342,201,44439,583,61931,768,89730,528,39430,396,02329,704,13530,121,64200054,500,000000000000000000000000000000000000000000
       Net Receivables 
2,432,797
2,470,290
4,045,390
6,166,288
7,610,385
6,927,215
6,668,772
5,025,320
4,361,527
4,459,147
5,500,713
5,767,887
6,521,268
6,397,374
6,296,348
6,058,884
5,430,046
4,702,158
5,824,878
5,528,422
5,703,236
6,241,633
5,762,352
6,700,199
336,809,265
359,247,782
369,852,220
377,999,887
384,940,967
389,925,598
394,263,801
400,556,030
395,560,770
400,808,747
402,351,894
409,267,776
411,015,724
420,955,577
421,894,418
439,797,904
447,552,833
449,340,840
450,556,311
459,196,579
450,645,816
466,493,717
469,304,498
476,508,538
8,680,718
8,392,119
8,537,334
460,511,744
463,656,620
474,790,302
476,565,392
484,015,109
498,073,966
500,527,851
499,045,708
509,897,093
517,534,442
525,532,980
533,924,063
544,176,254
541,373,094
552,533,281
12,655,359
12,659,286
12,659,28612,655,359552,533,281541,373,094544,176,254533,924,063525,532,980517,534,442509,897,093499,045,708500,527,851498,073,966484,015,109476,565,392474,790,302463,656,620460,511,7448,537,3348,392,1198,680,718476,508,538469,304,498466,493,717450,645,816459,196,579450,556,311449,340,840447,552,833439,797,904421,894,418420,955,577411,015,724409,267,776402,351,894400,808,747395,560,770400,556,030394,263,801389,925,598384,940,967377,999,887369,852,220359,247,782336,809,2656,700,1995,762,3526,241,6335,703,2365,528,4225,824,8784,702,1585,430,0466,058,8846,296,3486,397,3746,521,2685,767,8875,500,7134,459,1474,361,5275,025,3206,668,7726,927,2157,610,3856,166,2884,045,3902,470,2902,432,797
       Other Current Assets 
872,264
1,025,375
1,225,640
1,286,124
2,648,282
3,544,241
3,638,436
3,164,539
3,276,957
2,852,488
210,488,448
886,835
931,933
1,687,584
1,088,115
1,089,766
1,102,586
1,210,203
1,462,433
992,873
948,191
967,351
793,446
1,201,801
20,683,963
19,606,008
21,004,246
24,555,704
20,257,349
23,594,584
21,114,425
26,963,704
22,789,359
23,042,863
27,620,986
27,851,945
29,079,516
23,501,851
31,176,453
34,514,229
29,463,808
29,919,939
32,901,740
30,629,916
35,313,783
33,958,562
35,945,417
37,026,346
682,527
601,588
672,126
37,896,010
40,407,089
40,441,748
36,938,288
45,317,295
40,842,464
39,109,697
38,725,223
41,270,807
45,743,911
43,584,549
49,104,501
48,225,315
49,588,567
49,143,083
452,366
325,743
325,743452,36649,143,08349,588,56748,225,31549,104,50143,584,54945,743,91141,270,80738,725,22339,109,69740,842,46445,317,29536,938,28840,441,74840,407,08937,896,010672,126601,588682,52737,026,34635,945,41733,958,56235,313,78330,629,91632,901,74029,919,93929,463,80834,514,22931,176,45323,501,85129,079,51627,851,94527,620,98623,042,86322,789,35926,963,70421,114,42523,594,58420,257,34924,555,70421,004,24619,606,00820,683,9631,201,801793,446967,351948,191992,8731,462,4331,210,2031,102,5861,089,7661,088,1151,687,584931,933886,835210,488,4482,852,4883,276,9573,164,5393,638,4363,544,2412,648,2821,286,1241,225,6401,025,375872,264
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
163,903,342
163,919,101
169,625,626
173,642,382
176,503,277
185,184,364
188,037,751
189,519,767
190,167,648
191,379,885
189,718,474
196,813,823
198,078,967
194,216,797
197,578,245
191,316,828
194,974,038
204,014,000
213,770,196
218,897,888
218,897,888213,770,196204,014,000194,974,038191,316,828197,578,245194,216,797198,078,967196,813,823189,718,474191,379,885190,167,648189,519,767188,037,751185,184,364176,503,277173,642,382169,625,626163,919,101163,903,342000000000000000000000000000000000000000000000000
       Property Plant Equipment 
8,029,775
6,483,015
6,409,125
10,430,817
11,892,577
11,382,312
11,837,622
11,986,489
12,123,445
11,951,490
11,806,830
12,172,139
12,131,840
12,094,835
11,822,210
11,852,195
11,980,502
12,213,721
12,505,192
13,351,560
14,004,284
14,384,933
14,631,913
14,727,047
15,621,280
16,242,101
16,949,713
16,966,084
17,739,468
17,637,972
17,400,964
17,083,757
22,703,743
22,912,851
22,871,866
22,765,467
22,700,006
22,669,631
22,626,783
22,666,278
22,536,783
22,622,838
22,487,603
22,382,631
22,495,346
22,557,124
22,432,134
22,428,871
23,642,699
23,578,457
24,768,002
24,713,692
24,557,010
26,267,295
25,948,739
25,190,759
25,194,546
25,029,224
25,660,950
25,977,164
26,172,386
26,913,887
27,457,636
28,054,855
28,568,810
28,974,705
29,268,923
29,008,339
29,008,33929,268,92328,974,70528,568,81028,054,85527,457,63626,913,88726,172,38625,977,16425,660,95025,029,22425,194,54625,190,75925,948,73926,267,29524,557,01024,713,69224,768,00223,578,45723,642,69922,428,87122,432,13422,557,12422,495,34622,382,63122,487,60322,622,83822,536,78322,666,27822,626,78322,669,63122,700,00622,765,46722,871,86622,912,85122,703,74317,083,75717,400,96417,637,97217,739,46816,966,08416,949,71316,242,10115,621,28014,727,04714,631,91314,384,93314,004,28413,351,56012,505,19212,213,72111,980,50211,852,19511,822,21012,094,83512,131,84012,172,13911,806,83011,951,49012,123,44511,986,48911,837,62211,382,31211,892,57710,430,8176,409,1256,483,0158,029,775
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
28,272
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000028,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,27228,272000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
53,020,202
111,074,246
109,038,615
112,050,135
118,759,104
124,612,409
129,284,087
128,811,856
131,563,901
134,315,082
133,878,251
138,147,143
144,001,844
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000144,001,844138,147,143133,878,251134,315,082131,563,901128,811,856129,284,087124,612,409118,759,104112,050,135109,038,615111,074,24653,020,202000000000000000000000000000000000000000
       Intangible Assets 
23,523
19,263
15,806
570,182
893,020
924,988
916,208
343,739
343,972
343,178
342,419
424,631
424,300
424,541
425,477
377,329
400,016
399,374
420,700
331,245
28,272
28,272
28,272
28,272
113,845
121,418
120,944
128,701
305,539
291,678
305,649
290,731
280,993
279,360
273,322
280,844
270,191
249,176
382,938
377,936
343,884
344,109
356,083
354,751
359,906
326,721
322,325
321,380
158,426
155,267
149,371
181,823
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000181,823149,371155,267158,426321,380322,325326,721359,906354,751356,083344,109343,884377,936382,938249,176270,191280,844273,322279,360280,993290,731305,649291,678305,539128,701120,944121,418113,84528,27228,27228,27228,272331,245420,700399,374400,016377,329425,477424,541424,300424,631342,419343,178343,972343,739916,208924,988893,020570,18215,80619,26323,523
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,782,016
1,883,072
1,928,553
1,810,906
2,547,708
2,359,691
2,877,328
2,700,713
2,689,077
2,766,815
2,714,487
3,647,693
2,881,691
2,739,979
3,056,031
2,717,369
2,828,532
2,623,099
2,713,215
2,825,730
2,825,7302,713,2152,623,0992,828,5322,717,3693,056,0312,739,9792,881,6913,647,6932,714,4872,766,8152,689,0772,700,7132,877,3282,359,6912,547,7081,810,9061,928,5531,883,0721,782,016000000000000000000000000000000000000000000000000
> Total Liabilities 
9,458,810
12,019,889
9,610,549
261,819,985
268,689,378
268,015,601
278,979,217
289,097,755
292,520,354
293,237,695
299,407,568
309,758,712
311,226,837
317,166,837
324,943,597
332,680,317
344,972,765
342,713,262
349,537,700
372,613,129
382,757,040
402,286,556
416,895,016
432,416,139
443,888,319
461,370,192
468,016,561
481,383,871
494,177,379
492,722,039
492,366,196
511,259,662
516,452,998
523,121,911
549,780,206
552,603,158
565,202,395
570,835,107
577,512,607
604,182,103
615,934,916
616,026,812
621,440,537
638,329,829
637,539,165
657,462,207
654,900,142
662,626,154
661,305,466
651,083,044
652,807,623
651,301,830
655,142,878
680,810,961
677,675,450
696,690,915
706,954,460
712,368,054
708,361,507
729,362,227
737,993,257
735,507,184
760,415,657
760,739,167
759,903,013
769,186,916
791,417,099
822,703,846
822,703,846791,417,099769,186,916759,903,013760,739,167760,415,657735,507,184737,993,257729,362,227708,361,507712,368,054706,954,460696,690,915677,675,450680,810,961655,142,878651,301,830652,807,623651,083,044661,305,466662,626,154654,900,142657,462,207637,539,165638,329,829621,440,537616,026,812615,934,916604,182,103577,512,607570,835,107565,202,395552,603,158549,780,206523,121,911516,452,998511,259,662492,366,196492,722,039494,177,379481,383,871468,016,561461,370,192443,888,319432,416,139416,895,016402,286,556382,757,040372,613,129349,537,700342,713,262344,972,765332,680,317324,943,597317,166,837311,226,837309,758,712299,407,568293,237,695292,520,354289,097,755278,979,217268,015,601268,689,378261,819,9859,610,54912,019,8899,458,810
   > Total Current Liabilities 
5,851,313
8,090,184
4,933,774
257,309,018
262,029,239
261,821,389
272,944,518
283,650,779
287,262,729
286,284,388
292,579,997
300,365,772
301,172,680
306,466,541
313,421,389
320,465,162
332,321,335
328,151,653
334,236,032
356,867,576
366,651,125
391,045,554
405,716,549
418,411,370
429,704,645
444,883,339
449,337,310
458,948,359
471,345,729
469,681,546
469,074,793
488,402,305
493,380,302
502,520,445
529,321,328
531,473,038
545,583,150
551,253,787
558,915,201
582,502,077
594,159,270
593,895,982
598,745,324
611,282,167
610,969,254
630,322,229
628,321,614
635,141,266
633,364,898
631,152,495
632,896,652
631,868,016
634,616,416
661,855,826
659,227,803
678,322,996
688,199,577
692,716,923
688,902,597
704,776,403
712,788,068
707,551,195
730,844,165
731,047,063
729,599,579
739,044,290
762,041,927
793,421,493
793,421,493762,041,927739,044,290729,599,579731,047,063730,844,165707,551,195712,788,068704,776,403688,902,597692,716,923688,199,577678,322,996659,227,803661,855,826634,616,416631,868,016632,896,652631,152,495633,364,898635,141,266628,321,614630,322,229610,969,254611,282,167598,745,324593,895,982594,159,270582,502,077558,915,201551,253,787545,583,150531,473,038529,321,328502,520,445493,380,302488,402,305469,074,793469,681,546471,345,729458,948,359449,337,310444,883,339429,704,645418,411,370405,716,549391,045,554366,651,125356,867,576334,236,032328,151,653332,321,335320,465,162313,421,389306,466,541301,172,680300,365,772292,579,997286,284,388287,262,729283,650,779272,944,518261,821,389262,029,239257,309,0184,933,7748,090,1845,851,313
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
47,993,666
51,109,226
42,886,441
1,068,072
1,121,122
1,101,422
1,145,722
1,358,888
1,245,188
29,952,678
37,743,274
36,563,488
32,894,895
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000032,894,89536,563,48837,743,27429,952,6781,245,1881,358,8881,145,7221,101,4221,121,1221,068,07242,886,44151,109,22647,993,666000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
47,993,666
51,109,226
42,886,441
1,068,072
1,121,122
1,101,422
1,145,722
1,358,888
1,245,188
29,952,678
37,743,274
36,563,488
32,894,895
32,818,389
27,192,083
24,472,636
23,984,458
29,814,949
26,876,034
26,583,163
27,220,345
28,074,443
22,893,458
22,582,661
25,374,652
25,758,511
27,174,222
33,697,765
36,142,857
36,142,85733,697,76527,174,22225,758,51125,374,65222,582,66122,893,45828,074,44327,220,34526,583,16326,876,03429,814,94923,984,45824,472,63627,192,08332,818,38932,894,89536,563,48837,743,27429,952,6781,245,1881,358,8881,145,7221,101,4221,121,1221,068,07242,886,44151,109,22647,993,666000000000000000000000000000000000000000
       Accounts payable 
1,027,533
1,181,745
1,259,724
1,404,498
2,070,290
1,644,373
1,267,149
1,327,261
906,644
1,186,253
1,372,033
1,661,044
1,167,998
1,219,151
1,010,133
1,376,904
1,667,028
1,663,064
1,627,291
1,631,049
2,002,313
1,586,520
1,309,636
1,621,336
1,688,693
1,748,816
1,622,255
1,735,683
2,986,565
3,009,696
2,185,952
1,858,391
2,151,413
2,203,438
1,846,513
1,702,517
1,776,863
1,842,502
1,662,190
1,918,729
1,634,930
1,872,361
1,785,297
2,075,942
1,775,218
2,416,262
2,404,251
2,207,425
1,744,763
1,262,614
1,460,251
1,389,281
1,102,158
1,066,198
1,079,347
1,072,385
1,617,149
1,390,068
1,738,452
1,545,104
1,467,054
974,279
1,139,825
1,259,666
1,031,098
761,022
1,057,445
846,024
846,0241,057,445761,0221,031,0981,259,6661,139,825974,2791,467,0541,545,1041,738,4521,390,0681,617,1491,072,3851,079,3471,066,1981,102,1581,389,2811,460,2511,262,6141,744,7632,207,4252,404,2512,416,2621,775,2182,075,9421,785,2971,872,3611,634,9301,918,7291,662,1901,842,5021,776,8631,702,5171,846,5132,203,4382,151,4131,858,3912,185,9523,009,6962,986,5651,735,6831,622,2551,748,8161,688,6931,621,3361,309,6361,586,5202,002,3131,631,0491,627,2911,663,0641,667,0281,376,9041,010,1331,219,1511,167,9981,661,0441,372,0331,186,253906,6441,327,2611,267,1491,644,3732,070,2901,404,4981,259,7241,181,7451,027,533
       Other Current Liabilities 
1,329,983
263,219
1,555,447
251,374,653
248,880,775
248,977,319
259,691,496
269,879,868
272,924,132
272,957,521
272,219,689
288,852,276
291,124,539
297,436,915
306,514,768
313,284,050
324,077,940
318,964,234
326,668,246
348,400,191
357,468,487
376,778,052
391,740,477
402,583,914
406,272,125
420,381,589
422,661,186
436,948,409
443,057,981
444,010,430
449,101,534
465,478,844
463,321,712
470,412,626
502,646,375
512,303,776
512,272,864
522,629,732
527,998,272
551,183,161
560,173,443
568,224,552
563,236,042
581,007,373
575,604,786
593,361,873
583,413,822
599,221,477
7,875,481
4,972,225
6,995,249
588,247,395
591,484,806
625,069,064
623,549,574
643,261,337
647,027,179
655,510,781
651,927,600
668,977,528
677,376,620
675,894,594
699,853,460
691,760,720
690,672,717
698,653,103
11,732,830
12,338,491
12,338,49111,732,830698,653,103690,672,717691,760,720699,853,460675,894,594677,376,620668,977,528651,927,600655,510,781647,027,179643,261,337623,549,574625,069,064591,484,806588,247,3956,995,2494,972,2257,875,481599,221,477583,413,822593,361,873575,604,786581,007,373563,236,042568,224,552560,173,443551,183,161527,998,272522,629,732512,272,864512,303,776502,646,375470,412,626463,321,712465,478,844449,101,534444,010,430443,057,981436,948,409422,661,186420,381,589406,272,125402,583,914391,740,477376,778,052357,468,487348,400,191326,668,246318,964,234324,077,940313,284,050306,514,768297,436,915291,124,539288,852,276272,219,689272,957,521272,924,132269,879,868259,691,496248,977,319248,880,775251,374,6531,555,447263,2191,329,983
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
27,940,568
19,930,549
19,910,971
19,433,814
20,526,462
18,955,135
18,447,647
18,367,919
18,754,883
19,651,131
19,458,910
24,585,824
25,205,189
27,955,989
29,571,492
29,692,104
30,303,434
30,142,626
29,375,172
29,282,353
29,282,35329,375,17230,142,62630,303,43429,692,10429,571,49227,955,98925,205,18924,585,82419,458,91019,651,13118,754,88318,367,91918,447,64718,955,13520,526,46219,433,81419,910,97119,930,54927,940,568000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-47,993,666
-51,109,226
-42,886,441
-1,068,072
-1,121,122
-1,101,422
-1,145,722
-1,358,888
-1,245,188
-28,834,083
-36,716,571
-35,553,816
-31,898,900
937,094
910,620
1,187,055
1,134,434
1,177,576
1,126,472
992,172
961,922
954,572
945,561
947,326
949,400
936,096
1,003,369
1,087,777
1,183,336
1,183,3361,087,7771,003,369936,096949,400947,326945,561954,572961,922992,1721,126,4721,177,5761,134,4341,187,055910,620937,094-31,898,900-35,553,816-36,716,571-28,834,083-1,245,188-1,358,888-1,145,722-1,101,422-1,121,122-1,068,072-42,886,441-51,109,226-47,993,666000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
533,169
665,629
639,147
606,314
805,723
750,809
753,214
697,878
772,664
881,335
906,603
1,249,101
2,106,900
3,274,567
4,488,706
4,697,023
4,901,891
4,216,408
4,730,066
4,638,878
4,638,8784,730,0664,216,4084,901,8914,697,0234,488,7063,274,5672,106,9001,249,101906,603881,335772,664697,878753,214750,809805,723606,314639,147665,629533,169000000000000000000000000000000000000000000000000
> Total Stockholder Equity
18,834,836
17,874,211
17,343,350
17,800,544
18,775,653
17,411,742
16,220,414
14,875,454
14,496,416
14,189,890
14,267,785
14,530,309
15,100,388
15,137,245
16,840,185
17,094,263
17,628,290
17,689,386
17,529,710
17,320,276
17,685,943
17,630,946
17,722,330
17,830,711
18,552,360
18,806,651
18,986,788
18,979,528
19,214,747
19,739,046
19,691,521
20,073,872
20,449,000
20,781,159
20,873,170
20,524,316
20,305,115
20,006,713
19,964,112
20,015,021
19,986,353
20,044,141
20,615,202
20,928,980
21,785,679
22,133,710
22,602,581
22,413,508
22,570,283
22,187,745
22,115,128
22,003,763
21,073,649
21,308,800
23,825,832
22,998,010
23,221,691
23,312,828
23,329,635
23,327,084
23,440,876
22,821,924
22,515,201
21,955,773
21,638,054
21,591,404
21,356,612
20,956,528
20,956,52821,356,61221,591,40421,638,05421,955,77322,515,20122,821,92423,440,87623,327,08423,329,63523,312,82823,221,69122,998,01023,825,83221,308,80021,073,64922,003,76322,115,12822,187,74522,570,28322,413,50822,602,58122,133,71021,785,67920,928,98020,615,20220,044,14119,986,35320,015,02119,964,11220,006,71320,305,11520,524,31620,873,17020,781,15920,449,00020,073,87219,691,52119,739,04619,214,74718,979,52818,986,78818,806,65118,552,36017,830,71117,722,33017,630,94617,685,94317,320,27617,529,71017,689,38617,628,29017,094,26316,840,18515,137,24515,100,38814,530,30914,267,78514,189,89014,496,41614,875,45416,220,41417,411,74218,775,65317,800,54417,343,35017,874,21118,834,836
   Common Stock
12,100,000
14,641,000
14,641,000
14,641,000
14,641,000
14,641,000
14,353,100
14,353,100
14,353,100
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
14,105,902
13,716,932
13,616,932
13,616,932
13,616,932
13,616,932
13,616,932
13,616,932
14,294,934
14,294,934
14,294,934
14,294,934
14,294,934
14,294,934
14,294,934
14,294,934
15,224,105
15,224,105
15,224,105
15,224,105
16,213,672
16,213,672
16,213,672
16,213,672
16,213,672
16,213,672
16,213,672
16,213,672
16,213,672
16,862,097
16,862,097
16,862,097
16,862,097
16,862,097
16,862,097
16,862,097
0
0
0016,862,09716,862,09716,862,09716,862,09716,862,09716,862,09716,862,09716,213,67216,213,67216,213,67216,213,67216,213,67216,213,67216,213,67216,213,67216,213,67215,224,10515,224,10515,224,10515,224,10514,294,93414,294,93414,294,93414,294,93414,294,93414,294,93414,294,93414,294,93413,616,93213,616,93213,616,93213,616,93213,616,93213,616,93213,716,93214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,105,90214,353,10014,353,10014,353,10014,641,00014,641,00014,641,00014,641,00014,641,00012,100,000
   Retained Earnings 
120,729
12,169
0
862,485
1,971,039
585,678
46,837
0
0
0
0
0
0
0
760,551
549,404
1,042,631
1,150,731
1,357,409
1,376,470
1,584,390
949,564
949,165
1,119,186
5,123,608
5,277,961
5,495,572
5,362,072
5,567,662
5,445,396
5,875,413
6,318,917
6,668,066
7,016,684
7,193,610
6,712,932
6,607,443
5,643,701
5,556,314
5,621,967
5,605,325
5,583,000
6,163,840
6,394,939
7,227,158
6,559,933
6,918,115
6,906,131
4,141,413
2,567,501
2,404,433
5,012,171
4,544,145
4,265,430
6,777,934
5,921,888
6,063,883
5,955,168
5,234,144
5,137,520
4,939,690
4,758,761
4,398,574
3,794,347
3,335,315
3,238,882
521,344
-411,573
-411,573521,3443,238,8823,335,3153,794,3474,398,5744,758,7614,939,6905,137,5205,234,1445,955,1686,063,8835,921,8886,777,9344,265,4304,544,1455,012,1712,404,4332,567,5014,141,4136,906,1316,918,1156,559,9337,227,1586,394,9396,163,8405,583,0005,605,3255,621,9675,556,3145,643,7016,607,4436,712,9327,193,6107,016,6846,668,0666,318,9175,875,4135,445,3965,567,6625,362,0725,495,5725,277,9615,123,6081,119,186949,165949,5641,584,3901,376,4701,357,4091,150,7311,042,631549,404760,551000000046,837585,6781,971,039862,485012,169120,729
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000-1,227,909-1,227,909-1,227,909-1,227,909-1,273,586-1,273,586-1,273,586-1,273,586-1,273,586-1,254,607-1,234,422-1,062,617-1,062,617-1,040,214-1,040,214-1,165,133-1,612,790-1,612,790-1,612,790-1,612,790-1,612,790-1,612,790-1,612,790-1,612,790-1,612,790-1,616,085-1,628,793-1,610,133-1,499,594-1,297,563-1,278,273-1,255,380-1,445,919-1,445,919-1,592,039-1,592,039-1,572,000-1,572,000-1,779,305-1,779,305-1,779,305-1,925,239-1,793,423-1,679,589-843,770-638,292-612,484
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-310,286
-322,312
-242,199
-252,340
-210,802
-186,322
828,934
-4,502
-183,694
63,118
1,137,571
222,522
295,021
-160,795
261,962
266,490
335,721
417,407
617,259
1,355,090
807,582
1,037,738
599,594
653,058
720,327
866,915
914,118
0
0
00914,118866,915720,327653,058599,5941,037,738807,5821,355,090617,259417,407335,721266,490261,962-160,795295,021222,5221,137,57163,118-183,694-4,502828,934-186,322-210,802-252,340-242,199-322,312-310,286000000000000000000000000000000000000000



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 (+$)
totalRevenue36,768,136
Cost of Revenue-11,948,602
Gross Profit24,819,53424,819,534
 
Operating Income (+$)
Gross Profit24,819,534
Operating Expense-20,873,049
Operating Income15,895,0873,946,485
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense20,873,0490
 
Net Interest Income (+$)
Interest Income0
Interest Expense-10,264,771
Other Finance Cost-0
Net Interest Income-10,264,771
 
Pretax Income (+$)
Operating Income15,895,087
Net Interest Income-10,264,771
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,049,22315,895,087
EBIT - interestExpense = -10,264,771
-1,587,151
8,677,620
Interest Expense10,264,771
Earnings Before Interest and Taxes (EBIT)015,313,994
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax5,049,223
Tax Provision-1,433,367
Net Income From Continuing Ops3,615,8563,615,856
Net Income-1,587,151
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net010,264,771
 

Technical Analysis of China Man-Made Fiber Corp
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 China Man-Made Fiber Corp. The general trend of China Man-Made Fiber Corp is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine China Man-Made Fiber Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of China Man-Made Fiber Corp.

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

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

The bullish price targets are: 7.46 < 8 < 8.06.

The bearish price targets are: 7.22 > 7.13.

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China Man-Made Fiber Corp 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 China Man-Made Fiber Corp. The current mas is .

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

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

Directionalities and relatives.

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

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

China Man-Made Fiber Corp 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 China Man-Made Fiber Corp. The current macd is -0.13784992.

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 China Man-Made Fiber Corp price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for China Man-Made Fiber Corp. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the China Man-Made Fiber Corp price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
China Man-Made Fiber Corp Daily Moving Average Convergence/Divergence (MACD) ChartChina Man-Made Fiber Corp 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 China Man-Made Fiber Corp. The current adx is 42.20.

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

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell China Man-Made Fiber Corp shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
China Man-Made Fiber Corp 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 China Man-Made Fiber Corp. The current sar is 7.4250177.

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
China Man-Made Fiber Corp 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 China Man-Made Fiber Corp. The current rsi is 33.13. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
China Man-Made Fiber Corp Daily Relative Strength Index (RSI) ChartChina Man-Made Fiber Corp 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 China Man-Made Fiber Corp. The current phase is Oversold in bear 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 below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is 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 China Man-Made Fiber Corp price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
China Man-Made Fiber Corp Daily Stochastic Oscillator ChartChina Man-Made Fiber Corp 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 China Man-Made Fiber Corp. The current cci is -74.03986762.

China Man-Made Fiber Corp Daily Commodity Channel Index (CCI) ChartChina Man-Made Fiber Corp 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 China Man-Made Fiber Corp. The current cmo is -37.28888471.

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
China Man-Made Fiber Corp Daily Chande Momentum Oscillator (CMO) ChartChina Man-Made Fiber Corp 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 China Man-Made Fiber Corp. The current willr is -88.57142857.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
China Man-Made Fiber Corp Daily Williams %R ChartChina Man-Made Fiber Corp 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 China Man-Made Fiber Corp.

China Man-Made Fiber Corp 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 China Man-Made Fiber Corp. The current atr is 0.09885619.

China Man-Made Fiber Corp Daily Average True Range (ATR) ChartChina Man-Made Fiber Corp 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 China Man-Made Fiber Corp. The current obv is -72,797,642.

China Man-Made Fiber Corp Daily On-Balance Volume (OBV) ChartChina Man-Made Fiber Corp 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 China Man-Made Fiber Corp. The current mfi is 36.96.

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
China Man-Made Fiber Corp Daily Money Flow Index (MFI) ChartChina Man-Made Fiber Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for China Man-Made Fiber Corp.

6.2. Trading Signals

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

DateIndicatorSignal
2023-10-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI 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
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29MACD 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
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal 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).
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-02CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-10BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16CCI 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).
2024-01-17ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31MACD 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-05CCI 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).
2024-02-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

China Man-Made Fiber Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of China Man-Made Fiber Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5033.131
Ma 20Greater thanMa 507.435
Ma 50Greater thanMa 1007.680
Ma 100Greater thanMa 2007.921
OpenGreater thanClose7.260
Total0/5 (0.0%)
Penke

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