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Haichang Holdings Ltd
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Let's analyse Haichang Holdings Ltd together

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

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

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

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Quick analysis of Haichang Holdings Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
HK$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
HK$0.35
Expected worth in 1 year
HK$-0.26
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
HK$-0.61
Return On Investment
-84.7%

For what price can you sell your share?

Current Price per Share
HK$0.72
Expected price per share
HK$0.67 - HK$0.81
How sure are you?
50%

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




Live pricePrice per Share (EOD)

HK$0.72

Intrinsic Value Per Share

HK$-1.22 - HK$-0.09

Total Value Per Share

HK$-0.87 - HK$0.26

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




Is Haichang Holdings Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$362.8m$520.9m-$158m-43.6%

How much money is Haichang Holdings Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$193m$116.8m-$309.8m-160.5%
Net Profit Margin-176.0%34.3%--

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

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




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




  Industry Rankings (Leisure)  


Richest
#40 / 170

Most Revenue
#59 / 170

Most Profit
#167 / 170

Most Efficient
#161 / 170

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

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

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

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

Speculation

The Price per Share of Haichang Holdings Ltd is HK$0.72. 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 Haichang Holdings Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$0.35. Based on the TTM, the Book Value Change Per Share is HK$-0.15 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.10 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is HK$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Haichang Holdings Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps-0.02-3.3%-0.02-3.3%0.012.0%-0.01-0.9%0.00-0.2%
Usd Book Value Change Per Share-0.02-2.7%-0.02-2.7%0.011.8%-0.01-0.9%0.000.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.02-2.7%-0.02-2.7%0.011.8%-0.01-0.9%0.000.4%
Usd Price Per Share0.20-0.20-0.41-0.20-0.18-
Price to Earnings Ratio-8.59--8.59-28.22-122.15-83.29-
Price-to-Total Gains Ratio-10.49--10.49-31.11-182.59-121.21-
Price to Book Ratio4.57-4.57-6.33-3.28-2.85-
Price-to-Total Gains Ratio-10.49--10.49-31.11-182.59-121.21-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.092016
Number of shares10867
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.02-0.01
Usd Total Gains Per Share-0.02-0.01
Gains per Quarter (10867 shares)-211.73-66.65
Gains per Year (10867 shares)-846.91-266.59
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-847-8570-267-277
20-1694-17040-533-544
30-2541-25510-800-811
40-3388-33980-1066-1078
50-4235-42450-1333-1345
60-5081-50920-1600-1612
70-5928-59390-1866-1879
80-6775-67860-2133-2146
90-7622-76330-2399-2413
100-8469-84800-2666-2680

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 Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%8.02.00.080.0%9.02.02.069.2%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%7.03.00.070.0%9.04.00.069.2%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%2.00.011.015.4%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%7.03.00.070.0%9.04.00.069.2%

Fundamentals of Haichang Holdings Ltd

About Haichang Holdings Ltd

Haichang Ocean Park Holdings Ltd., together with its subsidiaries, develops, constructs, and operates theme parks and ancillary commercial properties in the People's Republic of China. It operates in three segments: Park Operations, Operation as a Service, and Property Development. The company owns and operates six theme parks. In addition, it develops properties; and operates hotels and a small size playground, as well as provides consultancy, management, and recreation services. Further, the company offers tourism consulting, and construction project design and consulting services. Additionally, it is involved in goods and technology import and export, marine biotechnology development, financing lease, and property development, construction, and sales activities; and the provision of technical support services relating to aquarium. Haichang Ocean Park Holdings Ltd. was founded in 2001 and is headquartered in Shanghai, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-25 15:54:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is 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 fair priced.
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 Haichang Holdings Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Haichang Holdings Ltd to the Leisure industry mean.
  • A Net Profit Margin of -176.0% means that $-1.76 for each $1 in revenue is generated as profit.

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

  • The MRQ is -176.0%. The company is making a huge loss. -2
  • The TTM is -176.0%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-176.0%TTM-176.0%0.0%
TTM-176.0%YOY34.3%-210.4%
TTM-176.0%5Y-52.6%-123.5%
5Y-52.6%10Y-19.8%-32.8%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ-176.0%1.7%-177.7%
TTM-176.0%1.4%-177.4%
YOY34.3%4.9%+29.4%
5Y-52.6%0.2%-52.8%
10Y-19.8%2.3%-22.1%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Haichang Holdings Ltd to the Leisure industry mean.
  • -13.7% Return on Assets means that Haichang Holdings Ltd generated $-0.14 profit for each $1 in assets.

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

  • The MRQ is -13.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -13.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-13.7%TTM-13.7%0.0%
TTM-13.7%YOY7.2%-20.9%
TTM-13.7%5Y-3.0%-10.7%
5Y-3.0%10Y-0.4%-2.6%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ-13.7%0.4%-14.1%
TTM-13.7%0.5%-14.2%
YOY7.2%0.9%+6.3%
5Y-3.0%0.5%-3.5%
10Y-0.4%1.1%-1.5%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Haichang Holdings Ltd to the Leisure industry mean.
  • -53.2% Return on Equity means Haichang Holdings Ltd generated $-0.53 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -53.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -53.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-53.2%TTM-53.2%0.0%
TTM-53.2%YOY22.4%-75.6%
TTM-53.2%5Y-15.8%-37.4%
5Y-15.8%10Y-4.5%-11.2%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ-53.2%0.7%-53.9%
TTM-53.2%1.0%-54.2%
YOY22.4%1.8%+20.6%
5Y-15.8%0.6%-16.4%
10Y-4.5%1.7%-6.2%

1.2. Operating Efficiency of Haichang Holdings Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Haichang Holdings Ltd is operating .

  • Measures how much profit Haichang Holdings Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Haichang Holdings Ltd to the Leisure industry mean.
  • An Operating Margin of -107.7% means the company generated $-1.08  for each $1 in revenue (before taxes).

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

  • The MRQ is -107.7%. The company is operating very inefficient. -2
  • The TTM is -107.7%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-107.7%TTM-107.7%0.0%
TTM-107.7%YOY-3.9%-103.8%
TTM-107.7%5Y-27.7%-80.0%
5Y-27.7%10Y0.4%-28.1%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ-107.7%5.7%-113.4%
TTM-107.7%4.6%-112.3%
YOY-3.9%5.1%-9.0%
5Y-27.7%3.0%-30.7%
10Y0.4%3.5%-3.1%
1.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Leisure industry mean).
  • An Operation Ratio of 3.51 means that the operating costs are $3.51 for each $1 in net sales.

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

  • The MRQ is 3.507. The company is inefficient in keeping operating costs low. -1
  • The TTM is 3.507. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ3.507TTM3.5070.000
TTM3.507YOY1.914+1.593
TTM3.5075Y1.960+1.547
5Y1.96010Y1.338+0.622
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5071.350+2.157
TTM3.5071.354+2.153
YOY1.9141.389+0.525
5Y1.9601.367+0.593
10Y1.3381.189+0.149

1.3. Liquidity of Haichang Holdings Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Leisure industry mean).
  • A Current Ratio of 1.08 means the company has $1.08 in assets for each $1 in short-term debts.

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

  • The MRQ is 1.078. The company is just able to pay all its short-term debts.
  • The TTM is 1.078. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.078TTM1.0780.000
TTM1.078YOY1.071+0.008
TTM1.0785Y0.849+0.229
5Y0.84910Y0.963-0.114
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0781.713-0.635
TTM1.0781.744-0.666
YOY1.0711.752-0.681
5Y0.8491.913-1.064
10Y0.9631.743-0.780
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Haichang Holdings Ltd to the Leisure industry mean.
  • A Quick Ratio of 0.57 means the company can pay off $0.57 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 0.566. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.566. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.566TTM0.5660.000
TTM0.566YOY0.974-0.409
TTM0.5665Y0.613-0.048
5Y0.61310Y0.519+0.095
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5660.658-0.092
TTM0.5660.706-0.140
YOY0.9740.784+0.190
5Y0.6130.907-0.294
10Y0.5190.775-0.256

1.4. Solvency of Haichang Holdings Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Haichang Holdings Ltd to Leisure industry mean.
  • A Debt to Asset Ratio of 0.74 means that Haichang Holdings Ltd assets are financed with 74.3% credit (debt) and the remaining percentage (100% - 74.3%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.743. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.743. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.743TTM0.7430.000
TTM0.743YOY0.679+0.065
TTM0.7435Y0.739+0.004
5Y0.73910Y0.681+0.058
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7430.458+0.285
TTM0.7430.463+0.280
YOY0.6790.481+0.198
5Y0.7390.455+0.284
10Y0.6810.450+0.231
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Haichang Holdings Ltd to the Leisure industry mean.
  • A Debt to Equity ratio of 289.2% means that company has $2.89 debt for each $1 in shareholders equity.

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

  • The MRQ is 2.892. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.892. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.892TTM2.8920.000
TTM2.892YOY2.111+0.781
TTM2.8925Y3.019-0.127
5Y3.01910Y2.779+0.239
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8920.758+2.134
TTM2.8920.812+2.080
YOY2.1110.894+1.217
5Y3.0190.905+2.114
10Y2.7790.905+1.874

2. Market Valuation of Haichang Holdings Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Haichang Holdings Ltd to the Leisure industry mean.
  • A PE ratio of -8.59 means the investor is paying $-8.59 for every $1 in earnings.

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

  • The EOD is -3.868. Based on the earnings, the company is expensive. -2
  • The MRQ is -8.595. Based on the earnings, the company is expensive. -2
  • The TTM is -8.595. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.868MRQ-8.595+4.727
MRQ-8.595TTM-8.5950.000
TTM-8.595YOY28.224-36.818
TTM-8.5955Y122.153-130.748
5Y122.15310Y83.290+38.863
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD-3.8687.679-11.547
MRQ-8.5957.046-15.641
TTM-8.59511.386-19.981
YOY28.2248.482+19.742
5Y122.15311.581+110.572
10Y83.29014.427+68.863
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -7.490. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -16.645. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -16.645. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-7.490MRQ-16.645+9.155
MRQ-16.645TTM-16.6450.000
TTM-16.645YOY394.992-411.637
TTM-16.6455Y67.607-84.252
5Y67.60710Y26.836+40.770
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD-7.4902.373-9.863
MRQ-16.6452.709-19.354
TTM-16.645-0.189-16.456
YOY394.9921.977+393.015
5Y67.607-0.202+67.809
10Y26.8360.284+26.552
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Leisure industry mean).
  • A PB ratio of 4.57 means the investor is paying $4.57 for each $1 in book value.

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

  • The EOD is 2.058. Based on the equity, the company is underpriced. +1
  • The MRQ is 4.573. Based on the equity, the company is fair priced.
  • The TTM is 4.573. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.058MRQ4.573-2.515
MRQ4.573TTM4.5730.000
TTM4.573YOY6.330-1.757
TTM4.5735Y3.277+1.296
5Y3.27710Y2.846+0.430
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD2.0581.456+0.602
MRQ4.5731.649+2.924
TTM4.5731.720+2.853
YOY6.3301.977+4.353
5Y3.2772.203+1.074
10Y2.8462.464+0.382
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.152-0.1520%0.102-249%-0.048-69%0.020-872%
Book Value Per Share--0.3500.3500%0.502-30%0.489-28%0.475-26%
Current Ratio--1.0781.0780%1.071+1%0.849+27%0.963+12%
Debt To Asset Ratio--0.7430.7430%0.679+10%0.739+1%0.681+9%
Debt To Equity Ratio--2.8922.8920%2.111+37%3.019-4%2.779+4%
Dividend Per Share----0%-0%-0%-0%
Eps---0.186-0.1860%0.113-265%-0.052-72%-0.012-93%
Free Cash Flow Per Share---0.096-0.0960%0.008-1294%-0.054-43%-0.041-57%
Free Cash Flow To Equity Per Share---0.141-0.1410%-0.338+139%-0.053-62%-0.040-72%
Gross Profit Margin--1.0001.0000%1.0000%-2.459+346%-1.047+205%
Intrinsic Value_10Y_max---0.088--------
Intrinsic Value_10Y_min---1.224--------
Intrinsic Value_1Y_max---0.028--------
Intrinsic Value_1Y_min---0.072--------
Intrinsic Value_3Y_max---0.069--------
Intrinsic Value_3Y_min---0.262--------
Intrinsic Value_5Y_max---0.093--------
Intrinsic Value_5Y_min---0.500--------
Market Cap5842079907.840-122%12982403200.00012982403200.0000%25802519592.960-50%12682182480.896+2%11704445155.840+11%
Net Profit Margin---1.760-1.7600%0.343-613%-0.526-70%-0.198-89%
Operating Margin---1.077-1.0770%-0.039-96%-0.277-74%0.004-29848%
Operating Ratio--3.5073.5070%1.914+83%1.960+79%1.338+162%
Pb Ratio2.058-122%4.5734.5730%6.330-28%3.277+40%2.846+61%
Pe Ratio-3.868+55%-8.595-8.5950%28.224-130%122.153-107%83.290-110%
Price Per Share0.720-122%1.6001.6000%3.180-50%1.563+2%1.443+11%
Price To Free Cash Flow Ratio-7.490+55%-16.645-16.6450%394.992-104%67.607-125%26.836-162%
Price To Total Gains Ratio-4.723+55%-10.495-10.4950%31.105-134%182.585-106%121.209-109%
Quick Ratio--0.5660.5660%0.974-42%0.613-8%0.519+9%
Return On Assets---0.137-0.1370%0.072-290%-0.030-78%-0.004-97%
Return On Equity---0.532-0.5320%0.224-337%-0.158-70%-0.045-91%
Total Gains Per Share---0.152-0.1520%0.102-249%-0.048-69%0.020-872%
Usd Book Value--362845600.072362845600.0720%520935225.731-30%507159866.442-28%492942898.096-26%
Usd Book Value Change Per Share---0.019-0.0190%0.013-249%-0.006-69%0.003-872%
Usd Book Value Per Share--0.0450.0450%0.064-30%0.063-28%0.061-26%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.024-0.0240%0.014-265%-0.007-72%-0.002-93%
Usd Free Cash Flow---99676445.563-99676445.5630%8348434.396-1294%-56475593.218-43%-42410483.735-57%
Usd Free Cash Flow Per Share---0.012-0.0120%0.001-1294%-0.007-43%-0.005-57%
Usd Free Cash Flow To Equity Per Share---0.018-0.0180%-0.043+139%-0.007-62%-0.005-72%
Usd Market Cap746617812.222-122%1659151128.9601659151128.9600%3297562003.980-50%1620782921.059+2%1495828090.916+11%
Usd Price Per Share0.092-122%0.2040.2040%0.406-50%0.200+2%0.184+11%
Usd Profit---193043854.458-193043854.4580%116836455.535-265%-53603758.338-72%-13118152.411-93%
Usd Revenue--109664197.831109664197.8310%340226913.276-68%249300973.374-56%226999999.493-52%
Usd Total Gains Per Share---0.019-0.0190%0.013-249%-0.006-69%0.003-872%
 EOD+3 -5MRQTTM+0 -0YOY+7 -265Y+8 -2610Y+8 -26

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.868
Price to Book Ratio (EOD)Between0-12.058
Net Profit Margin (MRQ)Greater than0-1.760
Operating Margin (MRQ)Greater than0-1.077
Quick Ratio (MRQ)Greater than10.566
Current Ratio (MRQ)Greater than11.078
Debt to Asset Ratio (MRQ)Less than10.743
Debt to Equity Ratio (MRQ)Less than12.892
Return on Equity (MRQ)Greater than0.15-0.532
Return on Assets (MRQ)Greater than0.05-0.137
Total2/10 (20.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.467
Ma 20Greater thanMa 500.737
Ma 50Greater thanMa 1000.782
Ma 100Greater thanMa 2000.878
OpenGreater thanClose0.710
Total0/5 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets10,210,925
Total Liabilities7,587,168
Total Stockholder Equity2,623,757
 As reported
Total Liabilities 7,587,168
Total Stockholder Equity+ 2,623,757
Total Assets = 10,210,925

Assets

Total Assets10,210,925
Total Current Assets2,847,380
Long-term Assets7,363,545
Total Current Assets
Cash And Cash Equivalents 1,225,695
Short-term Investments 110,120
Net Receivables 47,597
Inventory 61,221
Other Current Assets 1,382,548
Total Current Assets  (as reported)2,847,380
Total Current Assets  (calculated)2,827,181
+/- 20,199
Long-term Assets
Property Plant Equipment 6,631,529
Intangible Assets 11,683
Other Assets 231,911
Long-term Assets  (as reported)7,363,545
Long-term Assets  (calculated)6,875,123
+/- 488,422

Liabilities & Shareholders' Equity

Total Current Liabilities2,640,979
Long-term Liabilities4,893,619
Total Stockholder Equity2,623,757
Total Current Liabilities
Short Long Term Debt 1,461,220
Accounts payable 649,999
Other Current Liabilities 493,809
Total Current Liabilities  (as reported)2,640,979
Total Current Liabilities  (calculated)2,605,028
+/- 35,951
Long-term Liabilities
Long term Debt Total 3,780,677
Capital Lease Obligations Min Short Term Debt118,563
Long-term Liabilities  (as reported)4,893,619
Long-term Liabilities  (calculated)3,899,240
+/- 994,379
Total Stockholder Equity
Common Stock2,489
Retained Earnings -777,045
Capital Surplus 2,628,069
Other Stockholders Equity 770,244
Total Stockholder Equity (as reported)2,623,757
Total Stockholder Equity (calculated)2,623,757
+/-0
Other
Capital Stock2,489
Cash and Short Term Investments 1,335,815
Common Stock Shares Outstanding 8,114,002
Liabilities and Stockholders Equity 10,210,925
Net Debt 3,923,472
Net Invested Capital 7,772,924
Net Working Capital 206,401
Property Plant and Equipment Gross 9,929,161



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-31
> Total Assets 
4,961,130
7,558,259
7,747,184
6,760,196
8,434,017
8,351,224
9,199,122
12,131,841
16,107,730
16,871,151
16,419,488
11,717,352
10,210,925
10,210,92511,717,35216,419,48816,871,15116,107,73012,131,8419,199,1228,351,2248,434,0176,760,1967,747,1847,558,2594,961,130
   > Total Current Assets 
0
0
3,838,571
3,112,851
3,342,737
1,919,207
2,247,910
2,407,732
3,209,445
3,457,254
3,768,559
3,597,898
2,847,380
2,847,3803,597,8983,768,5593,457,2543,209,4452,407,7322,247,9101,919,2073,342,7373,112,8513,838,57100
       Cash And Cash Equivalents 
107,067
115,545
404,040
495,936
1,551,446
970,467
873,499
1,305,108
1,920,995
2,430,550
2,408,110
3,206,658
1,225,695
1,225,6953,206,6582,408,1102,430,5501,920,9951,305,108873,499970,4671,551,446495,936404,040115,545107,067
       Short-term Investments 
30,606
46,716
180,182
200
45,200
200
200
200
200
200
200
0
110,120
110,120020020020020020020045,200200180,18246,71630,606
       Net Receivables 
173,705
652,373
2,053,890
1,547,967
149,062
64,438
153,861
189,915
211,928
287,205
262,705
67,051
47,597
47,59767,051262,705287,205211,928189,915153,86164,438149,0621,547,9672,053,890652,373173,705
       Inventory 
1,133,542
998,079
1,125,752
1,012,108
1,039,198
706,438
795,299
762,173
886,298
383,813
435,615
71,821
61,221
61,22171,821435,615383,813886,298762,173795,299706,4381,039,1981,012,1081,125,752998,0791,133,542
   > Long-term Assets 
0
0
0
0
0
0
6,951,212
9,724,109
12,898,285
13,413,897
12,650,929
8,119,454
7,363,545
7,363,5458,119,45412,650,92913,413,89712,898,2859,724,1096,951,212000000
       Property Plant Equipment 
1,340,187
1,884,964
1,842,282
1,865,012
2,639,312
2,619,660
3,014,867
4,892,988
7,653,696
9,663,911
9,060,594
6,301,631
6,631,529
6,631,5296,301,6319,060,5949,663,9117,653,6964,892,9883,014,8672,619,6602,639,3121,865,0121,842,2821,884,9641,340,187
       Long Term Investments 
0
0
0
19,170
19,170
19,170
66,313
169,316
222,422
0
0
0
0
0000222,422169,31666,31319,17019,17019,170000
       Intangible Assets 
35
85
123
376
7,655
9,068
12,127
12,193
10,244
17,341
14,857
12,385
11,683
11,68312,38514,85717,34110,24412,19312,1279,0687,6553761238535
       Long-term Assets Other 
0
0
0
0
0
0
6,951,212
9,724,109
12,898,285
13,413,897
0
0
0
00013,413,89712,898,2859,724,1096,951,212000000
> Total Liabilities 
4,020,015
6,895,068
6,603,324
5,816,676
4,706,015
4,356,043
4,980,288
7,708,907
11,640,897
12,392,470
13,419,163
7,950,440
7,587,168
7,587,1687,950,44013,419,16312,392,47011,640,8977,708,9074,980,2884,356,0434,706,0155,816,6766,603,3246,895,0684,020,015
   > Total Current Liabilities 
2,564,128
3,830,159
3,544,406
2,712,798
2,271,818
1,710,789
2,271,096
3,670,148
4,970,578
4,538,410
5,481,757
3,360,683
2,640,979
2,640,9793,360,6835,481,7574,538,4104,970,5783,670,1482,271,0961,710,7892,271,8182,712,7983,544,4063,830,1592,564,128
       Short-term Debt 
0
0
180,182
200
45,200
200
200
200
200
200
2,769,547
0
0
002,769,54720020020020020045,200200180,18200
       Short Long Term Debt 
0
0
0
4,547,513
790,224
503,639
1,320,510
1,775,257
2,246,561
2,471,365
2,769,547
1,925,907
1,461,220
1,461,2201,925,9072,769,5472,471,3652,246,5611,775,2571,320,510503,639790,2244,547,513000
       Accounts payable 
634,689
564,380
492,745
360,175
345,958
250,264
289,583
1,086,381
1,784,468
810,268
992,657
598,006
649,999
649,999598,006992,657810,2681,784,4681,086,381289,583250,264345,958360,175492,745564,380634,689
       Other Current Liabilities 
557,588
807,426
807,618
633,883
610,212
613,409
599,515
758,723
687,319
1,193,948
1,671,590
812,207
493,809
493,809812,2071,671,5901,193,948687,319758,723599,515613,409610,212633,883807,618807,426557,588
   > Long-term Liabilities 
0
0
0
0
0
0
2,709,192
4,038,759
6,670,319
7,854,060
7,937,406
4,526,200
4,893,619
4,893,6194,526,2007,937,4067,854,0606,670,3194,038,7592,709,192000000
       Long term Debt Total 
0
0
0
0
0
1,602,526
1,579,546
2,957,133
5,540,858
6,084,180
6,467,275
3,311,906
3,780,677
3,780,6773,311,9066,467,2756,084,1805,540,8582,957,1331,579,5461,602,52600000
       Capital Lease Obligations Min Short Term Debt
0
0
-180,182
-200
-45,200
-200
1,353
-200
754,924
63,176
-2,715,810
60,365
118,563
118,56360,365-2,715,81063,176754,924-2001,353-200-45,200-200-180,18200
> Total Stockholder Equity
649,451
362,201
1,008,163
805,592
3,577,086
3,825,063
4,031,828
4,308,954
4,352,399
4,377,694
2,926,155
3,766,912
2,623,757
2,623,7573,766,9122,926,1554,377,6944,352,3994,308,9544,031,8283,825,0633,577,086805,5921,008,163362,201649,451
   Common Stock
0
0
72
72
2,451
2,451
2,451
2,451
2,451
2,451
2,451
2,451
2,489
2,4892,4512,4512,4512,4512,4512,4512,4512,451727200
   Retained Earnings 
94,977
125,020
171,104
257,212
446,846
1,409,196
878,659
1,158,451
1,200,572
1,225,652
-225,985
618,866
-777,045
-777,045618,866-225,9851,225,6521,200,5721,158,451878,6591,409,196446,846257,212171,104125,02094,977
   Capital Surplus 
0
0
0
0
0
2,363,685
2,363,685
2,363,685
2,363,685
2,363,685
2,363,685
2,363,685
2,628,069
2,628,0692,363,6852,363,6852,363,6852,363,6852,363,6852,363,6852,363,68500000
   Treasury Stock0000000000000
   Other Stockholders Equity 
0
0
0
630,189
764,104
12,626
787,033
784,367
785,691
785,906
786,004
781,910
770,244
770,244781,910786,004785,906785,691784,367787,03312,626764,104630,189000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue792,988
Cost of Revenue-1,071,716
Gross Profit-278,728-278,728
 
Operating Income (+$)
Gross Profit-278,728
Operating Expense-1,709,032
Operating Income-1,103,525-1,987,760
 
Operating Expense (+$)
Research Development0
Selling General Administrative723,654
Selling And Marketing Expenses0
Operating Expense1,709,032723,654
 
Net Interest Income (+$)
Interest Income290,612
Interest Expense-19,453
Other Finance Cost-566,570
Net Interest Income-295,411
 
Pretax Income (+$)
Operating Income-1,103,525
Net Interest Income-295,411
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,418,389-1,103,525
EBIT - interestExpense = -873,721
-1,395,911
-1,376,458
Interest Expense19,453
Earnings Before Interest and Taxes (EBIT)-854,268-1,398,936
Earnings Before Interest and Taxes (EBITDA)-777,756
 
After tax Income (+$)
Income Before Tax-1,418,389
Tax Provision--9,531
Net Income From Continuing Ops-1,408,858-1,408,858
Net Income-1,395,911
Net Income Applicable To Common Shares-1,395,911
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0295,411
 

Technical Analysis of Haichang Holdings Ltd
The psychology behind the price

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

General trend

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

Indicator phases

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

Indicator zone transitionsBullish trend (-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 Haichang Holdings Ltd.

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

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

The bullish price targets are: 0.8 < 0.8 < 0.81.

The bearish price targets are: 0.68 > 0.67 > 0.67.

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Haichang Holdings Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Haichang Holdings Ltd. 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

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

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Haichang Holdings Ltd. The current macd is -0.0077149.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-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 Haichang Holdings Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Haichang Holdings Ltd. 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 Haichang Holdings Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Haichang Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) ChartHaichang Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Haichang Holdings Ltd. The current adx is 19.00.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Haichang Holdings Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Haichang Holdings Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Haichang Holdings Ltd. The current sar is 0.798.

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
Haichang Holdings Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Haichang Holdings Ltd. The current rsi is 43.47. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Haichang Holdings Ltd Daily Relative Strength Index (RSI) ChartHaichang Holdings Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Haichang Holdings Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

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

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Haichang Holdings Ltd. The current cci is -46.65509929.

Haichang Holdings Ltd Daily Commodity Channel Index (CCI) ChartHaichang Holdings Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Haichang Holdings Ltd. The current cmo is -16.37092321.

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
Haichang Holdings Ltd Daily Chande Momentum Oscillator (CMO) ChartHaichang Holdings Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Haichang Holdings Ltd. The current willr is -61.53846154.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Haichang Holdings Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Haichang Holdings Ltd Daily Williams %R ChartHaichang Holdings Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

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

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

Score

Let's take a look at the Average True Range (ATR) of Haichang Holdings Ltd. The current atr is 0.04347017.

Haichang Holdings Ltd Daily Average True Range (ATR) ChartHaichang Holdings Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Haichang Holdings Ltd. The current obv is -702,180,469.

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

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Haichang Holdings Ltd. The current mfi is 48.73.

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
Haichang Holdings Ltd Daily Money Flow Index (MFI) ChartHaichang Holdings Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Haichang Holdings Ltd.

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

Haichang Holdings Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.467
Ma 20Greater thanMa 500.737
Ma 50Greater thanMa 1000.782
Ma 100Greater thanMa 2000.878
OpenGreater thanClose0.710
Total0/5 (0.0%)
Penke

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