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

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

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Quick analysis of Hwa Fong Rubber Ind Co Ltd (30 sec.)










What can you expect buying and holding a share of Hwa Fong Rubber Ind Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
NT$0.04
When do you have the money?
1 year
How often do you get paid?
62.5%

What is your share worth?

Current worth
NT$18.01
Expected worth in 1 year
NT$18.91
How sure are you?
72.5%

+ What do you gain per year?

Total Gains per Share
NT$2.10
Return On Investment
11.9%

For what price can you sell your share?

Current Price per Share
NT$17.65
Expected price per share
NT$15.14 - NT$18.10
How sure are you?
50%

1. Valuation of Hwa Fong Rubber Ind Co Ltd (5 min.)




Live pricePrice per Share (EOD)

NT$17.65

Intrinsic Value Per Share

NT$-23.81 - NT$-0.63

Total Value Per Share

NT$-5.80 - NT$17.38

2. Growth of Hwa Fong Rubber Ind Co Ltd (5 min.)




Is Hwa Fong Rubber Ind Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$157.4m$145.6m$6.1m4.0%

How much money is Hwa Fong Rubber Ind Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$3.3m$2.3m$1m30.3%
Net Profit Margin9.0%5.4%--

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

3. Financial Health of Hwa Fong Rubber Ind Co Ltd (5 min.)




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




  Industry Rankings (Auto Parts)  


Richest
#383 / 564

Most Revenue
#488 / 564

Most Profit
#359 / 564

Most Efficient
#109 / 564

What can you expect buying and holding a share of Hwa Fong Rubber Ind Co Ltd? (5 min.)

Welcome investor! Hwa Fong Rubber Ind Co Ltd's management wants to use your money to grow the business. In return you get a share of Hwa Fong Rubber Ind Co Ltd.

What can you expect buying and holding a share of Hwa Fong Rubber Ind Co Ltd?

First you should know what it really means to hold a share of Hwa Fong Rubber Ind Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Hwa Fong Rubber Ind Co Ltd is NT$17.65. 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 Hwa Fong Rubber Ind Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is NT$18.01. Based on the TTM, the Book Value Change Per Share is NT$0.23 per quarter. Based on the YOY, the Book Value Change Per Share is NT$0.27 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$0.30 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Hwa Fong Rubber Ind Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps0.010.1%0.010.1%0.010.0%0.010.0%0.000.0%
Usd Book Value Change Per Share0.020.1%0.010.0%0.010.0%0.010.1%0.000.0%
Usd Dividend Per Share0.010.1%0.010.1%0.020.1%0.010.1%0.010.0%
Usd Total Gains Per Share0.030.2%0.020.1%0.020.1%0.020.1%0.010.1%
Usd Price Per Share0.46-0.45-0.46-0.43-0.41-
Price to Earnings Ratio8.52-8.73-28.76-70.34-50.99-
Price-to-Total Gains Ratio13.51-37.75--8.21-17.86--16.12-
Price to Book Ratio0.82-0.84-0.89-0.87-0.84-
Price-to-Total Gains Ratio13.51-37.75--8.21-17.86--16.12-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.552445
Number of shares1810
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.020.02
Gains per Quarter (1810 shares)29.7533.74
Gains per Year (1810 shares)119.00134.95
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
168511096669125
2136102228132138260
3204153347198207395
4272204466264276530
5340255585329345665
6408306704395414800
7476357823461483935
85444089425275531070
961245910615936221205
1068051011806596911340

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 Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%34.06.00.085.0%46.06.011.073.0%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%15.05.00.075.0%26.014.00.065.0%39.024.00.061.9%
Dividend per Share3.00.01.075.0%11.00.01.091.7%14.00.06.070.0%25.00.015.062.5%37.00.026.058.7%
Total Gains per Share4.00.00.0100.0%10.02.00.083.3%17.03.00.085.0%29.011.00.072.5%44.019.00.069.8%

Fundamentals of Hwa Fong Rubber Ind Co Ltd

About Hwa Fong Rubber Ind Co Ltd

Hwa Fong Rubber Industrial Co., Ltd. manufactures and sells rubber and plastic products under the DURO brand in Taiwan, China, the United States, Thailand, and internationally. It offers bicycle, motorcycle, scooter, moped, truck, and bus tires and tubes; ATV tires; passenger car, SUV, commercial, and special trailer tires; MX off-road/trail, eco tire, lawn and garden, golf cart, agricultural, snow blower, industrial, logistics, forklift and skid-steer, go kart, trailer, mobile home, truck, and wheelchair tires; powersports tires. Hwa Fong Rubber Industrial Co., Ltd. was founded in 1945 and is headquartered in Changhua, Taiwan.

Fundamental data was last updated by Penke on 2024-03-25 14:48:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient 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 very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Hwa Fong Rubber Ind Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Hwa Fong Rubber Ind Co Ltd earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Hwa Fong Rubber Ind Co Ltd to the Auto Parts industry mean.
  • A Net Profit Margin of 10.2% 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 Hwa Fong Rubber Ind Co Ltd:

  • The MRQ is 10.2%. The company is making a huge profit. +2
  • The TTM is 9.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ10.2%TTM9.0%+1.2%
TTM9.0%YOY5.4%+3.6%
TTM9.0%5Y5.7%+3.3%
5Y5.7%10Y1.9%+3.8%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ10.2%3.9%+6.3%
TTM9.0%3.6%+5.4%
YOY5.4%3.5%+1.9%
5Y5.7%2.9%+2.8%
10Y1.9%4.0%-2.1%
1.1.2. Return on Assets

Shows how efficient Hwa Fong Rubber Ind Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Hwa Fong Rubber Ind Co Ltd to the Auto Parts industry mean.
  • 1.5% Return on Assets means that Hwa Fong Rubber Ind Co Ltd generated NT$0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Hwa Fong Rubber Ind Co Ltd:

  • The MRQ is 1.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.5%TTM1.3%+0.2%
TTM1.3%YOY0.9%+0.4%
TTM1.3%5Y0.9%+0.4%
5Y0.9%10Y0.3%+0.6%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5%1.2%+0.3%
TTM1.3%1.0%+0.3%
YOY0.9%1.0%-0.1%
5Y0.9%0.9%+0.0%
10Y0.3%1.2%-0.9%
1.1.3. Return on Equity

Shows how efficient Hwa Fong Rubber Ind Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Hwa Fong Rubber Ind Co Ltd to the Auto Parts industry mean.
  • 3.5% Return on Equity means Hwa Fong Rubber Ind Co Ltd generated NT$0.03 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Hwa Fong Rubber Ind Co Ltd:

  • The MRQ is 3.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.5%TTM3.2%+0.3%
TTM3.2%YOY2.3%+0.8%
TTM3.2%5Y2.4%+0.8%
5Y2.4%10Y0.6%+1.7%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%2.4%+1.1%
TTM3.2%2.2%+1.0%
YOY2.3%2.1%+0.2%
5Y2.4%1.8%+0.6%
10Y0.6%2.3%-1.7%

1.2. Operating Efficiency of Hwa Fong Rubber Ind Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hwa Fong Rubber Ind Co Ltd is operating .

  • Measures how much profit Hwa Fong Rubber Ind Co Ltd makes for each NT$1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Hwa Fong Rubber Ind Co Ltd to the Auto Parts 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 Hwa Fong Rubber Ind Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-1.2%+1.2%
TTM-1.2%YOY10.4%-11.7%
TTM-1.2%5Y9.4%-10.7%
5Y9.4%10Y5.1%+4.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM-1.2%3.5%-4.7%
YOY10.4%4.5%+5.9%
5Y9.4%4.9%+4.5%
10Y5.1%4.8%+0.3%
1.2.2. Operating Ratio

Measures how efficient Hwa Fong Rubber Ind Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.50 means that the operating costs are NT$1.50 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of Hwa Fong Rubber Ind Co Ltd:

  • The MRQ is 1.498. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.679. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.498TTM1.679-0.181
TTM1.679YOY1.697-0.018
TTM1.6795Y1.682-0.003
5Y1.68210Y1.431+0.251
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4981.618-0.120
TTM1.6791.616+0.063
YOY1.6971.623+0.074
5Y1.6821.568+0.114
10Y1.4311.278+0.153

1.3. Liquidity of Hwa Fong Rubber Ind Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Hwa Fong Rubber Ind Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 2.77 means the company has NT$2.77 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of Hwa Fong Rubber Ind Co Ltd:

  • The MRQ is 2.768. The company is able to pay all its short-term debts. +1
  • The TTM is 2.151. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.768TTM2.151+0.617
TTM2.151YOY2.123+0.027
TTM2.1515Y1.976+0.175
5Y1.97610Y1.353+0.622
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7681.650+1.118
TTM2.1511.648+0.503
YOY2.1231.604+0.519
5Y1.9761.579+0.397
10Y1.3531.351+0.002
1.3.2. Quick Ratio

Measures if Hwa Fong Rubber Ind Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Hwa Fong Rubber Ind Co Ltd to the Auto Parts industry mean.
  • A Quick Ratio of 0.50 means the company can pay off NT$0.50 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Hwa Fong Rubber Ind Co Ltd:

  • The MRQ is 0.499. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.475. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.499TTM0.475+0.024
TTM0.475YOY0.574-0.099
TTM0.4755Y0.533-0.058
5Y0.53310Y0.523+0.010
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4990.695-0.196
TTM0.4750.713-0.238
YOY0.5740.742-0.168
5Y0.5330.752-0.219
10Y0.5230.782-0.259

1.4. Solvency of Hwa Fong Rubber Ind Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Hwa Fong Rubber Ind Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Hwa Fong Rubber Ind Co Ltd to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.37 means that Hwa Fong Rubber Ind Co Ltd assets are financed with 36.7% credit (debt) and the remaining percentage (100% - 36.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Hwa Fong Rubber Ind Co Ltd:

  • The MRQ is 0.367. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.395. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.367TTM0.395-0.029
TTM0.395YOY0.439-0.043
TTM0.3955Y0.432-0.037
5Y0.43210Y0.425+0.008
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3670.497-0.130
TTM0.3950.497-0.102
YOY0.4390.497-0.058
5Y0.4320.495-0.063
10Y0.4250.487-0.062
1.4.2. Debt to Equity Ratio

Measures if Hwa Fong Rubber Ind Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Hwa Fong Rubber Ind Co Ltd to the Auto Parts industry mean.
  • A Debt to Equity ratio of 84.4% means that company has NT$0.84 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Hwa Fong Rubber Ind Co Ltd:

  • The MRQ is 0.844. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.964. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.844TTM0.964-0.120
TTM0.964YOY1.157-0.193
TTM0.9645Y1.136-0.172
5Y1.13610Y1.039+0.097
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8441.014-0.170
TTM0.9641.021-0.057
YOY1.1571.031+0.126
5Y1.1361.045+0.091
10Y1.0391.047-0.008

2. Market Valuation of Hwa Fong Rubber Ind Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every NT$1 in earnings Hwa Fong Rubber Ind Co Ltd generates.

  • Above 15 is considered overpriced but always compare Hwa Fong Rubber Ind Co Ltd to the Auto Parts industry mean.
  • A PE ratio of 8.52 means the investor is paying NT$8.52 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Hwa Fong Rubber Ind Co Ltd:

  • The EOD is 10.227. Based on the earnings, the company is underpriced. +1
  • The MRQ is 8.517. Based on the earnings, the company is underpriced. +1
  • The TTM is 8.733. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD10.227MRQ8.517+1.709
MRQ8.517TTM8.733-0.215
TTM8.733YOY28.760-20.027
TTM8.7335Y70.337-61.604
5Y70.33710Y50.993+19.344
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD10.22712.654-2.427
MRQ8.51711.732-3.215
TTM8.73312.570-3.837
YOY28.76015.239+13.521
5Y70.33716.913+53.424
10Y50.99321.344+29.649
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Hwa Fong Rubber Ind Co Ltd:

  • The EOD is 64.374. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 53.614. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 30.043. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD64.374MRQ53.614+10.759
MRQ53.614TTM30.043+23.571
TTM30.043YOY-11.560+41.603
TTM30.0435Y15.452+14.591
5Y15.45210Y4.750+10.702
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD64.3745.527+58.847
MRQ53.6145.007+48.607
TTM30.0433.626+26.417
YOY-11.5601.231-12.791
5Y15.4522.384+13.068
10Y4.7502.661+2.089
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Hwa Fong Rubber Ind Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 0.82 means the investor is paying NT$0.82 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of Hwa Fong Rubber Ind Co Ltd:

  • The EOD is 0.980. Based on the equity, the company is cheap. +2
  • The MRQ is 0.816. Based on the equity, the company is cheap. +2
  • The TTM is 0.837. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.980MRQ0.816+0.164
MRQ0.816TTM0.837-0.021
TTM0.837YOY0.892-0.055
TTM0.8375Y0.866-0.029
5Y0.86610Y0.835+0.031
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD0.9801.518-0.538
MRQ0.8161.481-0.665
TTM0.8371.516-0.679
YOY0.8921.620-0.728
5Y0.8661.700-0.834
10Y0.8352.210-1.375
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Hwa Fong Rubber Ind Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.6880.225+205%0.275+150%0.305+126%0.040+1631%
Book Value Per Share--18.01017.364+4%16.663+8%15.653+15%15.792+14%
Current Ratio--2.7682.151+29%2.123+30%1.976+40%1.353+105%
Debt To Asset Ratio--0.3670.395-7%0.439-16%0.432-15%0.425-14%
Debt To Equity Ratio--0.8440.964-12%1.157-27%1.136-26%1.039-19%
Dividend Per Share--0.4000.300+33%0.500-20%0.291+38%0.264+51%
Eps--0.4310.417+4%0.264+64%0.270+60%0.128+237%
Free Cash Flow Per Share--0.0690.376-82%0.708-90%0.340-80%0.259-73%
Free Cash Flow To Equity Per Share--0.069-0.573+935%0.115-40%0.048+44%0.125-45%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.626--------
Intrinsic Value_10Y_min---23.813--------
Intrinsic Value_1Y_max--1.378--------
Intrinsic Value_1Y_min--0.456--------
Intrinsic Value_3Y_max--3.042--------
Intrinsic Value_3Y_min---1.083--------
Intrinsic Value_5Y_max--3.383--------
Intrinsic Value_5Y_min---5.300--------
Market Cap4930509708.800+17%4106430300.0004057544225.000+1%4148332650.000-1%3880730324.117+6%3828286790.833+7%
Net Profit Margin--0.1020.090+14%0.054+91%0.057+81%0.019+437%
Operating Margin----0.0120%0.104-100%0.094-100%0.051-100%
Operating Ratio--1.4981.679-11%1.697-12%1.682-11%1.431+5%
Pb Ratio0.980+17%0.8160.837-2%0.892-8%0.866-6%0.835-2%
Pe Ratio10.227+17%8.5178.733-2%28.760-70%70.337-88%50.993-83%
Price Per Share17.650+17%14.70014.525+1%14.850-1%13.605+8%13.101+12%
Price To Free Cash Flow Ratio64.374+17%53.61430.043+78%-11.560+122%15.452+247%4.750+1029%
Price To Total Gains Ratio16.227+17%13.51537.749-64%-8.212+161%17.862-24%-16.120+219%
Quick Ratio--0.4990.475+5%0.574-13%0.533-6%0.523-5%
Return On Assets--0.0150.013+15%0.009+72%0.009+67%0.003+416%
Return On Equity--0.0350.032+10%0.023+49%0.024+48%0.006+446%
Total Gains Per Share--1.0880.525+107%0.775+40%0.596+83%0.304+258%
Usd Book Value--157468390.700151827089.975+4%145693651.525+8%139881105.370+13%144601782.325+9%
Usd Book Value Change Per Share--0.0220.007+205%0.009+150%0.010+126%0.001+1631%
Usd Book Value Per Share--0.5640.544+4%0.522+8%0.490+15%0.494+14%
Usd Dividend Per Share--0.0130.009+33%0.016-20%0.009+38%0.008+51%
Usd Eps--0.0140.013+4%0.008+64%0.008+60%0.004+237%
Usd Free Cash Flow--599332.4003287556.375-82%6193252.750-90%2997391.290-80%2063704.465-71%
Usd Free Cash Flow Per Share--0.0020.012-82%0.022-90%0.011-80%0.008-73%
Usd Free Cash Flow To Equity Per Share--0.002-0.018+935%0.004-40%0.001+44%0.004-45%
Usd Market Cap154324953.885+17%128531268.390127001134.243+1%129842811.945-1%121466859.145+6%119825376.553+7%
Usd Price Per Share0.552+17%0.4600.455+1%0.465-1%0.426+8%0.410+12%
Usd Profit--3772589.0003304826.150+14%2304368.600+64%2286992.405+65%915874.778+312%
Usd Revenue--36954564.10036576397.500+1%42367249.625-13%40341544.925-8%43924408.193-16%
Usd Total Gains Per Share--0.0340.016+107%0.024+40%0.019+83%0.010+258%
 EOD+4 -4MRQTTM+28 -6YOY+21 -145Y+26 -910Y+24 -11

3.2. Fundamental Score

Let's check the fundamental score of Hwa Fong Rubber Ind Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1510.227
Price to Book Ratio (EOD)Between0-10.980
Net Profit Margin (MRQ)Greater than00.102
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.499
Current Ratio (MRQ)Greater than12.768
Debt to Asset Ratio (MRQ)Less than10.367
Debt to Equity Ratio (MRQ)Less than10.844
Return on Equity (MRQ)Greater than0.150.035
Return on Assets (MRQ)Greater than0.050.015
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Hwa Fong Rubber Ind Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5074.010
Ma 20Greater thanMa 5016.335
Ma 50Greater thanMa 10015.222
Ma 100Greater thanMa 20014.826
OpenGreater thanClose17.350
Total4/5 (80.0%)



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
Net Interest Income  -13,049-438-13,4873,091-10,3961,196-9,20013,5654,365



Latest Balance Sheet

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

Summary
Total Assets7,943,246
Total Liabilities2,912,307
Total Stockholder Equity3,449,531
 As reported
Total Liabilities 2,912,307
Total Stockholder Equity+ 3,449,531
Total Assets = 7,943,246

Assets

Total Assets7,943,246
Total Current Assets4,367,859
Long-term Assets3,575,387
Total Current Assets
Cash And Cash Equivalents 2,496,578
Short-term Investments 195,422
Net Receivables 591,677
Inventory 1,011,959
Other Current Assets 32,059
Total Current Assets  (as reported)4,367,859
Total Current Assets  (calculated)4,327,695
+/- 40,164
Long-term Assets
Property Plant Equipment 2,711,754
Long-term Assets Other 4,645
Long-term Assets  (as reported)3,575,387
Long-term Assets  (calculated)2,716,399
+/- 858,988

Liabilities & Shareholders' Equity

Total Current Liabilities1,577,893
Long-term Liabilities1,334,414
Total Stockholder Equity3,449,531
Total Current Liabilities
Short Long Term Debt 640,744
Accounts payable 345,088
Other Current Liabilities 39,518
Total Current Liabilities  (as reported)1,577,893
Total Current Liabilities  (calculated)1,025,350
+/- 552,543
Long-term Liabilities
Long term Debt 1,000,000
Capital Lease Obligations Min Short Term Debt1,234
Long-term Liabilities Other 64,200
Long-term Liabilities  (as reported)1,334,414
Long-term Liabilities  (calculated)1,065,434
+/- 268,980
Total Stockholder Equity
Retained Earnings 497,987
Total Stockholder Equity (as reported)3,449,531
Total Stockholder Equity (calculated)497,987
+/- 2,951,544
Other
Capital Stock2,793,492
Common Stock Shares Outstanding 279,349
Net Invested Capital 5,090,275
Net Working Capital 2,789,966
Property Plant and Equipment Gross 2,711,754



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-06-302006-06-302005-06-30
> Total Assets 
8,680,579
9,150,161
9,795,800
9,869,926
9,945,756
10,469,180
9,943,847
9,942,200
9,733,106
9,603,655
9,510,587
9,761,288
10,061,317
9,870,535
9,249,687
9,242,071
9,080,746
9,263,151
8,580,993
8,356,038
8,160,238
7,944,615
7,837,294
8,054,542
8,205,548
7,902,503
8,838,388
8,516,011
8,430,867
8,734,159
9,134,629
8,926,456
8,606,198
8,573,043
8,464,130
8,571,215
8,481,729
8,328,351
8,226,834
8,140,432
8,335,381
8,162,665
7,315,662
7,124,300
7,018,049
7,244,777
7,120,207
7,142,730
7,143,683
7,304,905
7,407,409
7,370,073
7,379,868
7,549,091
8,049,717
8,157,125
8,221,348
8,122,186
8,323,929
8,565,183
8,301,231
8,264,824
8,066,890
8,110,744
8,111,577
7,939,838
7,943,246
7,943,2467,939,8388,111,5778,110,7448,066,8908,264,8248,301,2318,565,1838,323,9298,122,1868,221,3488,157,1258,049,7177,549,0917,379,8687,370,0737,407,4097,304,9057,143,6837,142,7307,120,2077,244,7777,018,0497,124,3007,315,6628,162,6658,335,3818,140,4328,226,8348,328,3518,481,7298,571,2158,464,1308,573,0438,606,1988,926,4569,134,6298,734,1598,430,8678,516,0118,838,3887,902,5038,205,5488,054,5427,837,2947,944,6158,160,2388,356,0388,580,9939,263,1519,080,7469,242,0719,249,6879,870,53510,061,3179,761,2889,510,5879,603,6559,733,1069,942,2009,943,84710,469,1809,945,7569,869,9269,795,8009,150,1618,680,579
   > 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
4,173,139
4,030,806
4,187,201
3,910,532
3,835,930
3,549,135
3,026,351
3,273,079
3,055,529
3,151,271
3,161,089
3,315,385
3,328,962
3,279,312
3,143,982
3,275,814
3,574,161
3,796,831
3,881,294
3,832,772
3,831,614
4,132,727
3,903,001
3,924,408
3,722,630
3,794,911
4,453,041
4,298,284
4,367,859
4,367,8594,298,2844,453,0413,794,9113,722,6303,924,4083,903,0014,132,7273,831,6143,832,7723,881,2943,796,8313,574,1613,275,8143,143,9823,279,3123,328,9623,315,3853,161,0893,151,2713,055,5293,273,0793,026,3513,549,1353,835,9303,910,5324,187,2014,030,8064,173,13900000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,727,036
1,369,761
1,356,162
1,312,569
1,300,968
1,172,633
743,695
956,967
912,541
1,009,142
1,087,230
1,201,980
1,208,181
1,354,253
1,342,595
1,237,112
1,561,036
1,583,289
1,491,887
1,435,229
1,370,652
1,524,820
1,344,852
1,485,202
1,702,701
1,909,826
2,108,934
2,401,629
2,496,578
2,496,5782,401,6292,108,9341,909,8261,702,7011,485,2021,344,8521,524,8201,370,6521,435,2291,491,8871,583,2891,561,0361,237,1121,342,5951,354,2531,208,1811,201,9801,087,2301,009,142912,541956,967743,6951,172,6331,300,9681,312,5691,356,1621,369,7611,727,03600000000000000000000000000000000000000
       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
186,031
303,381
230,351
143,166
233,128
8,935
0
37,140
37,328
238,198
159,864
130,525
132,518
72,908
167,171
293,444
192,946
206,220
216,569
179,142
164,808
140,830
145,030
204,408
143,166
147,103
153,930
204,485
195,422
195,422204,485153,930147,103143,166204,408145,030140,830164,808179,142216,569206,220192,946293,444167,17172,908132,518130,525159,864238,19837,32837,14008,935233,128143,166230,351303,381186,03100000000000000000000000000000000000000
       Net Receivables 
1,267,058
1,114,244
1,229,918
1,179,345
1,198,955
1,202,589
978,828
894,809
947,534
962,619
980,654
980,855
1,010,677
1,034,616
889,039
773,996
971,273
819,394
911,842
953,875
933,584
788,038
805,366
968,552
985,419
902,233
925,167
1,033,579
1,138,035
1,047,385
1,175,833
1,154,009
1,035,717
954,901
949,348
1,129,495
972,057
984,836
987,946
1,051,970
1,093,721
1,012,886
1,038,339
1,116,319
1,050,293
1,092,920
930,426
863,071
843,291
845,546
915,014
747,818
606,290
807,145
832,389
814,113
815,059
823,389
962,453
983,757
946,121
909,570
779,556
633,537
1,203,816
630,859
591,677
591,677630,8591,203,816633,537779,556909,570946,121983,757962,453823,389815,059814,113832,389807,145606,290747,818915,014845,546843,291863,071930,4261,092,9201,050,2931,116,3191,038,3391,012,8861,093,7211,051,970987,946984,836972,0571,129,495949,348954,9011,035,7171,154,0091,175,8331,047,3851,138,0351,033,579925,167902,233985,419968,552805,366788,038933,584953,875911,842819,394971,273773,996889,0391,034,6161,010,677980,855980,654962,619947,534894,809978,8281,202,5891,198,9551,179,3451,229,9181,114,2441,267,058
       Inventory 
0
2,356,641
0
0
2,638,579
2,957,161
2,722,056
2,361,554
2,148,151
2,056,994
2,099,306
2,298,744
2,575,893
2,575,741
2,427,291
2,699,586
2,551,155
2,660,722
1,986,962
1,895,802
1,583,584
1,551,694
1,473,119
1,382,354
1,321,577
1,307,512
1,341,170
1,331,909
1,289,416
1,393,357
1,543,862
1,441,948
1,333,182
1,352,261
1,290,487
1,116,657
1,171,628
1,166,748
1,161,628
1,208,897
1,450,013
1,379,584
1,221,619
1,212,215
1,190,804
1,121,454
1,027,912
888,870
908,113
999,627
1,028,387
1,050,137
981,178
890,818
956,274
1,147,455
1,320,395
1,351,526
1,289,258
1,435,333
1,429,296
1,292,353
1,070,075
1,028,519
941,454
986,585
1,011,959
1,011,959986,585941,4541,028,5191,070,0751,292,3531,429,2961,435,3331,289,2581,351,5261,320,3951,147,455956,274890,818981,1781,050,1371,028,387999,627908,113888,8701,027,9121,121,4541,190,8041,212,2151,221,6191,379,5841,450,0131,208,8971,161,6281,166,7481,171,6281,116,6571,290,4871,352,2611,333,1821,441,9481,543,8621,393,3571,289,4161,331,9091,341,1701,307,5121,321,5771,382,3541,473,1191,551,6941,583,5841,895,8021,986,9622,660,7222,551,1552,699,5862,427,2912,575,7412,575,8932,298,7442,099,3062,056,9942,148,1512,361,5542,722,0562,957,1612,638,579002,356,6410
   > 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
3,991,459
3,982,594
3,989,520
4,078,447
4,090,761
4,235,886
4,273,277
4,475,556
4,360,294
4,340,054
4,289,414
4,492,315
4,432,456
4,398,230
4,340,416
4,344,260
4,315,833
3,658,536
3,641,554
3,575,387
3,575,3873,641,5543,658,5364,315,8334,344,2604,340,4164,398,2304,432,4564,492,3154,289,4144,340,0544,360,2944,475,5564,273,2774,235,8864,090,7614,078,4473,989,5203,982,5943,991,45900000000000000000000000000000000000000000000000
       Property Plant Equipment 
4,093,079
4,451,493
5,159,682
4,973,670
4,979,731
4,693,199
5,275,992
5,399,440
5,195,938
5,059,233
4,938,258
4,843,689
4,842,649
4,721,576
4,451,424
4,425,668
4,310,388
4,456,026
4,396,245
4,232,340
4,188,778
4,069,221
3,973,877
4,055,586
4,078,838
3,991,531
4,003,210
4,016,094
3,828,702
3,921,182
3,933,661
3,876,840
3,814,464
3,863,003
3,821,160
3,805,010
3,775,998
3,668,163
3,578,291
3,499,084
3,672,108
3,768,757
3,102,435
3,174,338
3,418,891
3,478,944
3,333,497
3,436,719
3,464,330
3,444,961
3,452,497
3,467,309
3,588,876
3,569,570
3,588,514
3,496,287
3,502,453
3,444,530
3,428,581
3,462,697
3,387,234
3,354,881
3,394,591
3,396,953
2,743,430
2,729,728
2,711,754
2,711,7542,729,7282,743,4303,396,9533,394,5913,354,8813,387,2343,462,6973,428,5813,444,5303,502,4533,496,2873,588,5143,569,5703,588,8763,467,3093,452,4973,444,9613,464,3303,436,7193,333,4973,478,9443,418,8913,174,3383,102,4353,768,7573,672,1083,499,0843,578,2913,668,1633,775,9983,805,0103,821,1603,863,0033,814,4643,876,8403,933,6613,921,1823,828,7024,016,0944,003,2103,991,5314,078,8384,055,5863,973,8774,069,2214,188,7784,232,3404,396,2454,456,0264,310,3884,425,6684,451,4244,721,5764,842,6494,843,6894,938,2585,059,2335,195,9385,399,4405,275,9924,693,1994,979,7314,973,6705,159,6824,451,4934,093,079
       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
323,365
328,076
330,796
332,818
234,679
235,853
240,476
155,391
159,538
138,355
140,391
140,119
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000140,119140,391138,355159,538155,391240,476235,853234,679332,818330,796328,076323,36500000000000000000000000000000000000000
       Intangible Assets 
49,707
0
33,139
24,855
24,855
24,855
16,571
16,571
16,571
16,571
8,287
8,287
8,287
8,287
3
3
3
3
97,409
94,290
94,181
92,650
92,830
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,480
1,406
1,318
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000001,3181,4061,48000000000000000000000000092,83092,65094,18194,29097,40933338,2878,2878,2878,28716,57116,57116,57116,57124,85524,85524,85533,139049,707
       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
27,290
49,411
45,357
58,858
59,341
62,898
61,805
55,201
82,083
57,061
62,212
50,523
19,075
16,139
23,469
15,245
6,430
1,974
3,108
4,645
4,6453,1081,9746,43015,24523,46916,13919,07550,52362,21257,06182,08355,20161,80562,89859,34158,85845,35749,41127,29000000000000000000000000000000000000000000000000
> Total Liabilities 
4,598,715
5,119,494
5,579,764
5,812,089
5,862,175
6,165,874
5,630,411
5,517,592
5,362,645
5,178,199
5,101,434
5,001,469
5,385,869
5,289,382
4,987,136
4,899,291
4,806,605
4,750,164
4,942,373
4,787,036
4,774,893
4,566,146
4,312,773
4,387,955
4,236,927
3,842,947
4,251,463
3,753,953
3,784,178
3,883,054
3,823,298
3,548,037
3,687,613
3,522,774
3,391,401
3,405,446
3,399,951
3,236,090
3,139,524
3,131,327
3,345,105
3,139,272
3,278,004
3,038,087
3,049,678
3,327,066
3,157,525
3,119,224
3,033,645
3,149,639
3,226,935
3,324,339
3,230,806
3,323,807
3,524,739
3,570,759
3,698,798
3,758,759
3,851,536
3,861,398
3,793,441
3,636,788
3,287,504
3,351,632
3,337,637
3,101,006
2,912,307
2,912,3073,101,0063,337,6373,351,6323,287,5043,636,7883,793,4413,861,3983,851,5363,758,7593,698,7983,570,7593,524,7393,323,8073,230,8063,324,3393,226,9353,149,6393,033,6453,119,2243,157,5253,327,0663,049,6783,038,0873,278,0043,139,2723,345,1053,131,3273,139,5243,236,0903,399,9513,405,4463,391,4013,522,7743,687,6133,548,0373,823,2983,883,0543,784,1783,753,9534,251,4633,842,9474,236,9274,387,9554,312,7734,566,1464,774,8934,787,0364,942,3734,750,1644,806,6054,899,2914,987,1365,289,3825,385,8695,001,4695,101,4345,178,1995,362,6455,517,5925,630,4116,165,8745,862,1755,812,0895,579,7645,119,4944,598,715
   > Total Current Liabilities 
2,520,828
2,862,962
2,472,570
3,134,007
3,041,679
3,273,666
3,100,578
2,979,726
2,906,493
3,169,795
3,413,140
3,265,378
3,389,536
3,272,205
3,107,312
3,131,223
2,894,057
2,875,741
3,345,855
3,064,157
3,138,380
3,398,007
2,972,827
3,076,908
2,982,532
2,858,746
3,364,863
3,117,269
2,519,724
2,366,972
2,067,953
1,901,746
2,108,187
1,819,900
1,796,297
1,749,762
1,981,707
1,840,653
2,017,849
2,041,437
2,484,411
1,884,256
2,967,719
2,733,383
2,615,779
1,814,700
2,410,528
2,392,196
1,835,763
1,898,030
1,649,784
1,720,631
1,637,379
1,756,340
1,947,618
1,933,351
1,894,249
1,836,368
1,925,586
1,931,367
1,927,143
1,913,202
1,635,008
1,832,875
2,013,656
2,767,799
1,577,893
1,577,8932,767,7992,013,6561,832,8751,635,0081,913,2021,927,1431,931,3671,925,5861,836,3681,894,2491,933,3511,947,6181,756,3401,637,3791,720,6311,649,7841,898,0301,835,7632,392,1962,410,5281,814,7002,615,7792,733,3832,967,7191,884,2562,484,4112,041,4372,017,8491,840,6531,981,7071,749,7621,796,2971,819,9002,108,1871,901,7462,067,9532,366,9722,519,7243,117,2693,364,8632,858,7462,982,5323,076,9082,972,8273,398,0073,138,3803,064,1573,345,8552,875,7412,894,0573,131,2233,107,3123,272,2053,389,5363,265,3783,413,1403,169,7952,906,4932,979,7263,100,5783,273,6663,041,6793,134,0072,472,5702,862,9622,520,828
       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
1,705,151
1,670,496
1,782,481
42,500
1,125,028
1,005,292
845,556
119,190
818,395
761,263
629,533
661,127
415,317
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000415,317661,127629,533761,263818,395119,190845,5561,005,2921,125,02842,5001,782,4811,670,4961,705,15100000000000000000000000000000000000000
       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
1,705,151
1,670,496
1,782,481
42,500
1,125,028
1,005,292
845,556
119,190
818,395
761,263
629,533
661,127
415,317
599,164
720,817
762,288
849,462
745,398
627,913
630,097
777,692
821,978
872,691
972,807
873,829
971,779
840,887
1,552,234
640,744
640,7441,552,234840,887971,779873,829972,807872,691821,978777,692630,097627,913745,398849,462762,288720,817599,164415,317661,127629,533761,263818,395119,190845,5561,005,2921,125,02842,5001,782,4811,670,4961,705,15100000000000000000000000000000000000000
       Accounts payable 
746,348
1,088,489
1,149,800
1,101,726
1,124,431
1,126,971
815,494
859,673
1,019,708
1,112,868
1,114,074
1,294,265
1,466,380
1,296,322
1,181,395
1,153,727
1,027,997
950,870
1,126,244
1,157,521
1,148,703
1,049,640
942,295
1,013,113
923,976
835,845
801,375
675,200
644,182
672,858
743,255
672,897
518,178
495,716
457,086
412,287
547,939
492,698
573,321
682,286
752,317
575,641
550,794
551,523
553,138
611,582
481,412
409,912
402,330
501,505
432,092
399,116
257,121
378,042
395,306
464,002
599,274
456,941
519,106
494,299
469,908
394,120
331,917
319,567
384,643
430,082
345,088
345,088430,082384,643319,567331,917394,120469,908494,299519,106456,941599,274464,002395,306378,042257,121399,116432,092501,505402,330409,912481,412611,582553,138551,523550,794575,641752,317682,286573,321492,698547,939412,287457,086495,716518,178672,897743,255672,858644,182675,200801,375835,845923,9761,013,113942,2951,049,6401,148,7031,157,5211,126,244950,8701,027,9971,153,7271,181,3951,296,3221,466,3801,294,2651,114,0741,112,8681,019,708859,673815,4941,126,9711,124,4311,101,7261,149,8001,088,489746,348
       Other Current Liabilities 
460,601
210,617
260,775
231,899
244,690
334,113
242,857
193,552
226,370
252,809
329,278
283,015
218,754
274,874
258,999
229,947
249,882
288,541
300,367
309,787
404,714
356,080
414,526
319,331
356,454
370,321
1,059,873
1,018,858
1,171,115
1,085,462
709,979
627,602
1,010,126
640,494
634,243
671,438
589,081
535,808
512,613
451,561
483,986
405,637
492,221
443,803
395,328
389,499
417,855
901,069
437,738
373,553
266,338
249,202
263,059
268,056
379,351
411,681
362,136
440,033
340,223
345,061
320,029
382,544
265,148
401,303
639,546
67,176
39,518
39,51867,176639,546401,303265,148382,544320,029345,061340,223440,033362,136411,681379,351268,056263,059249,202266,338373,553437,738901,069417,855389,499395,328443,803492,221405,637483,986451,561512,613535,808589,081671,438634,243640,4941,010,126627,602709,9791,085,4621,171,1151,018,8581,059,873370,321356,454319,331414,526356,080404,714309,787300,367288,541249,882229,947258,999274,874218,754283,015329,278252,809226,370193,552242,857334,113244,690231,899260,775210,617460,601
   > 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
727,028
1,197,882
1,251,609
1,577,151
1,603,708
1,593,427
1,567,467
1,577,121
1,637,408
1,804,549
1,922,391
1,925,950
1,930,031
1,866,298
1,723,586
1,652,496
1,518,757
1,323,981
333,207
1,334,414
1,334,414333,2071,323,9811,518,7571,652,4961,723,5861,866,2981,930,0311,925,9501,922,3911,804,5491,637,4081,577,1211,567,4671,593,4271,603,7081,577,1511,251,6091,197,882727,02800000000000000000000000000000000000000000000000
       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
-1,705,151
-1,670,496
-1,782,481
-42,500
-1,125,028
-1,005,292
-845,556
-119,190
-818,395
-755,773
-623,363
-655,561
-410,308
4,788
5,032
7,954
7,548
7,060
6,081
5,214
4,448
3,650
2,976
2,371
2,170
1,585
1,727
1,463
1,234
1,2341,4631,7271,5852,1702,3712,9763,6504,4485,2146,0817,0607,5487,9545,0324,788-410,308-655,561-623,363-755,773-818,395-119,190-845,556-1,005,292-1,125,028-42,500-1,782,481-1,670,496-1,705,15100000000000000000000000000000000000000
       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
90,402
99,206
105,685
117,230
109,386
111,414
108,384
114,008
110,654
106,008
102,040
106,740
108,600
107,948
99,040
71,478
69,527
64,196
63,535
64,200
64,20063,53564,19669,52771,47899,040107,948108,600106,740102,040106,008110,654114,008108,384111,414109,386117,230105,68599,20690,40200000000000000000000000000000000000000000000000
> Total Stockholder Equity
3,747,509
3,803,407
3,974,944
3,823,555
3,863,009
4,068,156
4,073,095
4,174,962
4,144,584
4,196,548
4,171,912
4,080,094
4,019,294
3,920,339
3,645,279
3,710,836
3,683,382
3,883,115
2,993,523
2,909,147
2,724,038
2,706,894
2,827,311
2,858,287
3,180,561
3,248,574
3,764,730
3,872,219
3,794,007
3,949,536
4,353,422
4,380,866
3,966,052
4,058,757
4,033,215
4,064,854
4,035,262
4,013,952
3,964,596
3,867,478
3,832,129
3,825,302
2,829,275
2,829,699
2,764,562
2,659,574
2,665,374
2,677,166
2,740,350
2,739,466
2,736,299
2,675,537
2,753,671
2,829,742
3,015,149
3,080,026
3,117,220
2,988,632
3,044,110
3,182,205
3,081,264
3,132,828
3,212,079
3,170,032
3,283,160
3,305,163
3,449,531
3,449,5313,305,1633,283,1603,170,0323,212,0793,132,8283,081,2643,182,2053,044,1102,988,6323,117,2203,080,0263,015,1492,829,7422,753,6712,675,5372,736,2992,739,4662,740,3502,677,1662,665,3742,659,5742,764,5622,829,6992,829,2753,825,3023,832,1293,867,4783,964,5964,013,9524,035,2624,064,8544,033,2154,058,7573,966,0524,380,8664,353,4223,949,5363,794,0073,872,2193,764,7303,248,5743,180,5612,858,2872,827,3112,706,8942,724,0382,909,1472,993,5233,883,1153,683,3823,710,8363,645,2793,920,3394,019,2944,080,0944,171,9124,196,5484,144,5844,174,9624,073,0954,068,1563,863,0093,823,5553,974,9443,803,4073,747,509
   Common Stock
3,144,483
3,191,650
3,191,650
3,191,650
3,191,650
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,223,567
3,423,567
3,423,567
3,923,567
3,923,567
3,368,015
3,368,015
3,368,015
3,368,015
3,368,015
3,258,325
3,258,325
3,258,325
3,258,325
3,258,325
3,258,325
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
3,323,492
2,793,492
2,793,492
2,793,492
2,793,492
2,793,492
2,793,492
2,793,492
2,793,492
0
2,793,492
0
0
002,793,49202,793,4922,793,4922,793,4922,793,4922,793,4922,793,4922,793,4922,793,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,323,4923,258,3253,258,3253,258,3253,258,3253,258,3253,258,3253,368,0153,368,0153,368,0153,368,0153,368,0153,923,5673,923,5673,423,5673,423,5673,223,5673,223,5673,223,5673,223,5673,223,5673,223,5673,223,5673,223,5673,223,5673,223,5673,223,5673,223,5673,223,5673,223,5673,223,5673,223,5673,223,5673,191,6503,191,6503,191,6503,191,6503,144,483
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000-243,5550000000000-50,603-50,603-50,603-50,603-50,603-50,603-39,899-21,202000000000000
   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
110,188
-74
20,700
29,674
3,553
-48,739
2,091
57,758
66,617
73,398
135,500
179,577
129,947
24,772
72,964
11,798
42,480
-8,682
-70,030
-125,617
-148,951
-111,184
-112,403
-61,088
-9,289
-7,914
-6,322
0
0
00-6,322-7,914-9,289-61,088-112,403-111,184-148,951-125,617-70,030-8,68242,48011,79872,96424,772129,947179,577135,50073,39866,61757,7582,091-48,7393,55329,67420,700-74110,18800000000000000000000000000000000000000



Balance Sheet

Currency in TWD. All numbers in thousands.




Cash Flow

Currency in TWD. All numbers in thousands.




Income Statement

Currency in TWD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue4,674,300
Cost of Revenue-3,648,483
Gross Profit1,025,8171,025,817
 
Operating Income (+$)
Gross Profit1,025,817
Operating Expense-4,205,828
Operating Income468,472-3,180,011
 
Operating Expense (+$)
Research Development23,781
Selling General Administrative533,564
Selling And Marketing Expenses0
Operating Expense4,205,828557,345
 
Net Interest Income (+$)
Interest Income23,400
Interest Expense-52,118
Other Finance Cost-0
Net Interest Income-28,718
 
Pretax Income (+$)
Operating Income468,472
Net Interest Income-28,718
Other Non-Operating Income Expenses0
Income Before Tax (EBT)783,653468,472
EBIT - interestExpense = -52,118
422,342
474,460
Interest Expense52,118
Earnings Before Interest and Taxes (EBIT)0835,771
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax783,653
Tax Provision-252,400
Net Income From Continuing Ops531,253531,253
Net Income422,342
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 Net028,718
 

Technical Analysis of Hwa Fong Rubber Ind Co Ltd
The psychology behind the price

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

General trend

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Hwa Fong Rubber Ind Co Ltd.

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

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

The bullish price targets are: 18.10.

The bearish price targets are: 15.45 > 15.25 > 15.14.

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Hwa Fong Rubber Ind Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Hwa Fong Rubber Ind Co Ltd. The current mas is .

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

Directionalities and relatives.

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

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

Hwa Fong Rubber Ind Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Hwa Fong Rubber Ind Co Ltd. The current macd is 0.69992807.

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

  • MACD line > signal line: The MACD line is above the signal 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 Hwa Fong Rubber Ind Co Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Hwa Fong Rubber Ind Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Hwa Fong Rubber Ind Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
Hwa Fong Rubber Ind Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartHwa Fong Rubber Ind Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Hwa Fong Rubber Ind Co Ltd. The current adx is 50.47.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-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 Hwa Fong Rubber Ind Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Hwa Fong Rubber Ind Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Hwa Fong Rubber Ind Co Ltd. The current sar is 18.05.

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
Hwa Fong Rubber Ind Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Hwa Fong Rubber Ind Co Ltd. The current rsi is 74.01. The current phase is Overbought in bull market.

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

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Hwa Fong Rubber Ind Co Ltd Daily Relative Strength Index (RSI) ChartHwa Fong Rubber Ind Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Hwa Fong Rubber Ind Co Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-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 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 Hwa Fong Rubber Ind Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Hwa Fong Rubber Ind Co Ltd Daily Stochastic Oscillator ChartHwa Fong Rubber Ind Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Hwa Fong Rubber Ind Co Ltd. The current cci is 89.40.

Hwa Fong Rubber Ind Co Ltd Daily Commodity Channel Index (CCI) ChartHwa Fong Rubber Ind Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Hwa Fong Rubber Ind Co Ltd. The current cmo is 46.85.

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
Hwa Fong Rubber Ind Co Ltd Daily Chande Momentum Oscillator (CMO) ChartHwa Fong Rubber Ind Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Hwa Fong Rubber Ind Co Ltd. The current willr is -19.56521739.

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
Hwa Fong Rubber Ind Co Ltd Daily Williams %R ChartHwa Fong Rubber Ind Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Hwa Fong Rubber Ind Co Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Hwa Fong Rubber Ind Co Ltd. The current atr is 0.53414593.

Hwa Fong Rubber Ind Co Ltd Daily Average True Range (ATR) ChartHwa Fong Rubber Ind Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Hwa Fong Rubber Ind Co Ltd. The current obv is 22,760,460.

Hwa Fong Rubber Ind Co Ltd Daily On-Balance Volume (OBV) ChartHwa Fong Rubber Ind Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Hwa Fong Rubber Ind Co Ltd. The current mfi is 74.51.

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

  • MFI > 50: +1
Hwa Fong Rubber Ind Co Ltd Daily Money Flow Index (MFI) ChartHwa Fong Rubber Ind Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Hwa Fong Rubber Ind Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-10-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-02DMI 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.
2023-11-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15SAR 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).
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31MACD 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.
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Hwa Fong Rubber Ind Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Hwa Fong Rubber Ind Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5074.010
Ma 20Greater thanMa 5016.335
Ma 50Greater thanMa 10015.222
Ma 100Greater thanMa 20014.826
OpenGreater thanClose17.350
Total4/5 (80.0%)
Penke

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