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Chang Hwa Commercial Bank Ltd
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Let's analyse Chang Hwa Commercial Bank Ltd together

PenkeI guess you are interested in Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd (30 sec.)










What can you expect buying and holding a share of Chang Hwa Commercial Bank Ltd? (30 sec.)

How much money do you get?

How much money do you get?
NT$0.00
When do you have the money?
1 year
How often do you get paid?
57.5%

What is your share worth?

Current worth
NT$17.31
Expected worth in 1 year
NT$19.06
How sure are you?
92.5%

+ What do you gain per year?

Total Gains per Share
NT$1.75
Return On Investment
9.5%

For what price can you sell your share?

Current Price per Share
NT$18.30
Expected price per share
NT$17.95 - NT$18.65
How sure are you?
50%

1. Valuation of Chang Hwa Commercial Bank Ltd (5 min.)




Live pricePrice per Share (EOD)

NT$18.30

Intrinsic Value Per Share

NT$-37.31 - NT$-44.70

Total Value Per Share

NT$-20.00 - NT$-27.39

2. Growth of Chang Hwa Commercial Bank Ltd (5 min.)




Is Chang Hwa Commercial Bank Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$5.8b$5.2b$351.4m6.2%

How much money is Chang Hwa Commercial Bank Ltd making?

Current yearPrevious yearGrowGrow %
Making money$101.5m$85.8m$15.7m15.5%
Net Profit Margin33.4%21.2%--

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

3. Financial Health of Chang Hwa Commercial Bank Ltd (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of Chang Hwa Commercial Bank Ltd? (5 min.)

Welcome investor! Chang Hwa Commercial Bank Ltd's management wants to use your money to grow the business. In return you get a share of Chang Hwa Commercial Bank Ltd.

What can you expect buying and holding a share of Chang Hwa Commercial Bank Ltd?

First you should know what it really means to hold a share of Chang Hwa Commercial Bank Ltd. And how you can make/lose money.

Speculation

The Price per Share of Chang Hwa Commercial Bank Ltd is NT$18.30. 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 Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank 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$17.31. Based on the TTM, the Book Value Change Per Share is NT$0.44 per quarter. Based on the YOY, the Book Value Change Per Share is NT$-0.06 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is NT$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Chang Hwa Commercial Bank 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 Eps0.010.0%0.010.1%0.010.0%0.010.0%0.010.0%
Usd Book Value Change Per Share0.020.1%0.010.1%0.000.0%0.000.0%0.010.0%
Usd Dividend Per Share0.000.0%0.000.0%0.010.1%0.010.1%0.010.0%
Usd Total Gains Per Share0.020.1%0.010.1%0.010.1%0.010.1%0.010.1%
Usd Price Per Share0.56-0.56-0.57-0.60-0.64-
Price to Earnings Ratio17.70-15.20-18.40-21.79-21.14-
Price-to-Total Gains Ratio27.44-81.07-12.17-48.52-13.68-
Price to Book Ratio1.03-1.09-1.17-1.25-1.52-
Price-to-Total Gains Ratio27.44-81.07-12.17-48.52-13.68-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.57279
Number of shares1745
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.01
Gains per Quarter (1745 shares)23.8624.68
Gains per Year (1745 shares)95.4298.74
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
109585673289
2019118013463188
3028627520195287
40382370268127386
50477465336158485
60573560403190584
70668655470221683
80763750537253782
90859845604285881
100954940671316980

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%20.00.00.0100.0%40.00.00.0100.0%70.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%15.05.00.075.0%31.09.00.077.5%54.013.03.077.1%
Dividend per Share0.00.04.00.0%7.00.05.058.3%14.00.06.070.0%23.00.017.057.5%23.00.047.032.9%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%37.03.00.092.5%60.07.03.085.7%

Fundamentals of Chang Hwa Commercial Bank Ltd

About Chang Hwa Commercial Bank Ltd

Chang Hwa Commercial Bank, Ltd., together with its subsidiaries, provides commercial banking products and services in Taiwan and internationally. It offers checking, demand, time, interbank, and savings deposits, as well as negotiable certificates of deposit; and remittances, and credit and debit cards. The company also provides insurance products; syndicated loans; and short-term, mid-term, and long-term loans. In addition, it offers foreign exchange and wealth management services. Further, the company is involved in trust and international banking services, as well as invests in government, financial, and corporate bonds; internet, telephone, and mobile banking services; and the provision of securities underwriting, financing, and brokerage services. Chang Hwa Commercial Bank was founded in 1905 and is headquartered in Taichung, Taiwan.

Fundamental data was last updated by Penke on 2024-03-25 20:11:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

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

1.1. Profitability of Chang Hwa Commercial Bank Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Chang Hwa Commercial Bank Ltd earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Chang Hwa Commercial Bank Ltd to the Banks - Regional industry mean.
  • A Net Profit Margin of 29.4% means that NT$0.29 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Chang Hwa Commercial Bank Ltd:

  • The MRQ is 29.4%. The company is making a huge profit. +2
  • The TTM is 33.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ29.4%TTM33.4%-4.1%
TTM33.4%YOY21.2%+12.2%
TTM33.4%5Y23.2%+10.2%
5Y23.2%10Y26.9%-3.6%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ29.4%18.4%+11.0%
TTM33.4%28.0%+5.4%
YOY21.2%25.2%-4.0%
5Y23.2%22.8%+0.4%
10Y26.9%19.8%+7.1%
1.1.2. Return on Assets

Shows how efficient Chang Hwa Commercial Bank Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Chang Hwa Commercial Bank Ltd to the Banks - Regional industry mean.
  • 0.1% Return on Assets means that Chang Hwa Commercial Bank Ltd generated NT$0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Chang Hwa Commercial Bank Ltd:

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.1%0.0%
TTM0.1%YOY0.1%+0.0%
TTM0.1%5Y0.1%+0.0%
5Y0.1%10Y0.1%0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%0.1%0.0%
TTM0.1%0.2%-0.1%
YOY0.1%0.2%-0.1%
5Y0.1%0.2%-0.1%
10Y0.1%0.2%-0.1%
1.1.3. Return on Equity

Shows how efficient Chang Hwa Commercial Bank Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Chang Hwa Commercial Bank Ltd to the Banks - Regional industry mean.
  • 1.5% Return on Equity means Chang Hwa Commercial Bank Ltd generated NT$0.01 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Chang Hwa Commercial Bank Ltd:

  • The MRQ is 1.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.5%TTM1.8%-0.4%
TTM1.8%YOY1.6%+0.2%
TTM1.8%5Y1.5%+0.3%
5Y1.5%10Y1.9%-0.3%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5%1.4%+0.1%
TTM1.8%2.5%-0.7%
YOY1.6%2.7%-1.1%
5Y1.5%2.5%-1.0%
10Y1.9%2.8%-0.9%

1.2. Operating Efficiency of Chang Hwa Commercial Bank Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Chang Hwa Commercial Bank Ltd is operating .

  • Measures how much profit Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd to the Banks - Regional 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 Chang Hwa Commercial Bank Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Chang Hwa Commercial Bank Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are NT$0.00 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of Chang Hwa Commercial Bank Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.090-0.090
5Y0.09010Y0.141-0.051

1.3. Liquidity of Chang Hwa Commercial Bank Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Chang Hwa Commercial Bank Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.00 means the company has NT$0.00 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of Chang Hwa Commercial Bank Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.063-0.063
TTM0.063YOY0.101-0.039
TTM0.0635Y0.139-0.076
5Y0.13910Y0.108+0.031
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.0630.124-0.061
YOY0.1010.225-0.124
5Y0.1390.219-0.080
10Y0.1080.131-0.023
1.3.2. Quick Ratio

Measures if Chang Hwa Commercial Bank Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Chang Hwa Commercial Bank Ltd to the Banks - Regional industry mean.
  • A Quick Ratio of 0.00 means the company can pay off NT$0.00 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Chang Hwa Commercial Bank Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.003-0.003
TTM0.003YOY0.003+0.000
TTM0.0035Y0.010-0.007
5Y0.01010Y0.017-0.007

1.4. Solvency of Chang Hwa Commercial Bank Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Chang Hwa Commercial Bank Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Chang Hwa Commercial Bank Ltd to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.94 means that Chang Hwa Commercial Bank Ltd assets are financed with 93.5% credit (debt) and the remaining percentage (100% - 93.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Chang Hwa Commercial Bank Ltd:

  • The MRQ is 0.935. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.935. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.935TTM0.9350.000
TTM0.935YOY0.937-0.002
TTM0.9355Y0.931+0.004
5Y0.93110Y0.931+0.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9350.915+0.020
TTM0.9350.917+0.018
YOY0.9370.919+0.018
5Y0.9310.919+0.012
10Y0.9310.927+0.004
1.4.2. Debt to Equity Ratio

Measures if Chang Hwa Commercial Bank Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Chang Hwa Commercial Bank Ltd to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 1,443.0% means that company has NT$14.43 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Chang Hwa Commercial Bank Ltd:

  • The MRQ is 14.430. The company is unable to pay all its debts with equity. -1
  • The TTM is 14.481. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ14.430TTM14.481-0.051
TTM14.481YOY14.897-0.416
TTM14.4815Y13.558+0.923
5Y13.55810Y13.514+0.045
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ14.43010.829+3.601
TTM14.48111.013+3.468
YOY14.89711.363+3.534
5Y13.55811.437+2.121
10Y13.51413.038+0.476

2. Market Valuation of Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd generates.

  • Above 15 is considered overpriced but always compare Chang Hwa Commercial Bank Ltd to the Banks - Regional industry mean.
  • A PE ratio of 17.70 means the investor is paying NT$17.70 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Chang Hwa Commercial Bank Ltd:

  • The EOD is 18.094. Based on the earnings, the company is fair priced.
  • The MRQ is 17.698. Based on the earnings, the company is fair priced.
  • The TTM is 15.195. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD18.094MRQ17.698+0.395
MRQ17.698TTM15.195+2.503
TTM15.195YOY18.397-3.202
TTM15.1955Y21.789-6.594
5Y21.78910Y21.144+0.645
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD18.0947.491+10.603
MRQ17.6986.680+11.018
TTM15.1955.295+9.900
YOY18.3976.943+11.454
5Y21.7899.770+12.019
10Y21.1449.943+11.201
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Chang Hwa Commercial Bank Ltd:

  • The EOD is 1.595. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.561. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.398. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.595MRQ1.561+0.035
MRQ1.561TTM0.398+1.163
TTM0.398YOY1.503-1.105
TTM0.3985Y-0.088+0.486
5Y-0.08810Y-19.970+19.882
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD1.595-2.094+3.689
MRQ1.561-1.868+3.429
TTM0.398-0.342+0.740
YOY1.5036.448-4.945
5Y-0.0880.429-0.517
10Y-19.9700.091-20.061
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Chang Hwa Commercial Bank Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 1.03 means the investor is paying NT$1.03 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of Chang Hwa Commercial Bank Ltd:

  • The EOD is 1.057. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.034. Based on the equity, the company is underpriced. +1
  • The TTM is 1.089. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.057MRQ1.034+0.023
MRQ1.034TTM1.089-0.055
TTM1.089YOY1.174-0.085
TTM1.0895Y1.250-0.161
5Y1.25010Y1.523-0.273
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD1.0570.433+0.624
MRQ1.0340.386+0.648
TTM1.0890.470+0.619
YOY1.1740.642+0.532
5Y1.2500.795+0.455
10Y1.5231.025+0.498
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Chang Hwa Commercial Bank 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--0.6520.437+49%-0.056+109%0.145+351%0.174+275%
Book Value Per Share--17.31416.565+5%15.530+11%15.495+12%13.934+24%
Current Ratio---0.063-100%0.101-100%0.139-100%0.108-100%
Debt To Asset Ratio--0.9350.9350%0.9370%0.931+0%0.931+0%
Debt To Equity Ratio--14.43014.4810%14.897-3%13.558+6%13.514+7%
Dividend Per Share----0%0.362-100%0.307-100%0.242-100%
Eps--0.2530.299-15%0.253+0%0.237+7%0.255-1%
Free Cash Flow Per Share--2.868-0.727+125%-0.898+131%-0.358+112%-0.537+119%
Free Cash Flow To Equity Per Share--2.868-0.254+109%2.074+38%2.353+22%1.706+68%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---44.705--------
Intrinsic Value_10Y_min---37.312--------
Intrinsic Value_1Y_max---1.142--------
Intrinsic Value_1Y_min---1.120--------
Intrinsic Value_3Y_max---5.976--------
Intrinsic Value_3Y_min---5.653--------
Intrinsic Value_5Y_max---13.875--------
Intrinsic Value_5Y_min---12.660--------
Market Cap198706897612.800+2%194363577446.400195585407700.710-1%198012509301.197-2%209270069423.493-7%223128386872.297-13%
Net Profit Margin--0.2940.334-12%0.212+38%0.232+26%0.269+9%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%0.090-100%0.141-100%
Pb Ratio1.057+2%1.0341.089-5%1.174-12%1.250-17%1.523-32%
Pe Ratio18.094+2%17.69815.195+16%18.397-4%21.789-19%21.144-16%
Price Per Share18.300+2%17.90018.013-1%18.236-2%19.273-7%20.546-13%
Price To Free Cash Flow Ratio1.595+2%1.5610.398+292%1.503+4%-0.088+106%-19.970+1380%
Price To Total Gains Ratio28.051+2%27.43881.071-66%12.172+125%48.523-43%13.682+101%
Quick Ratio---0.003-100%0.003-100%0.010-100%0.017-100%
Return On Assets--0.0010.001-19%0.001-7%0.001-10%0.001-27%
Return On Equity--0.0150.018-19%0.016-10%0.015-4%0.019-22%
Total Gains Per Share--0.6520.437+49%0.306+113%0.452+44%0.416+57%
Usd Book Value--5884339152.8005629763169.400+5%5278264858.000+11%5266244841.070+12%4736497536.088+24%
Usd Book Value Change Per Share--0.0200.014+49%-0.002+109%0.005+351%0.005+275%
Usd Book Value Per Share--0.5420.518+5%0.486+11%0.485+12%0.436+24%
Usd Dividend Per Share----0%0.011-100%0.010-100%0.008-100%
Usd Eps--0.0080.009-15%0.008+0%0.007+7%0.008-1%
Usd Free Cash Flow--974606066.200-247087849.650+125%-305209242.200+131%-121600501.565+112%-132390068.545+114%
Usd Free Cash Flow Per Share--0.090-0.023+125%-0.028+131%-0.011+112%-0.017+119%
Usd Free Cash Flow To Equity Per Share--0.090-0.008+109%0.065+38%0.074+22%0.053+68%
Usd Market Cap6219525895.281+2%6083579974.0726121823261.032-1%6197791541.127-2%6550153172.955-7%6983918509.103-13%
Usd Price Per Share0.573+2%0.5600.564-1%0.571-2%0.603-7%0.643-13%
Usd Profit--85934776.000101585261.150-15%85849256.575+0%80393744.825+7%86650866.790-1%
Usd Revenue--292748618.300303293502.225-3%502846941.750-42%374802799.955-22%341726273.773-14%
Usd Total Gains Per Share--0.0200.014+49%0.010+113%0.014+44%0.013+57%
 EOD+4 -4MRQTTM+16 -15YOY+22 -115Y+20 -1410Y+18 -16

3.2. Fundamental Score

Let's check the fundamental score of Chang Hwa Commercial Bank Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1518.094
Price to Book Ratio (EOD)Between0-11.057
Net Profit Margin (MRQ)Greater than00.294
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.935
Debt to Equity Ratio (MRQ)Less than114.430
Return on Equity (MRQ)Greater than0.150.015
Return on Assets (MRQ)Greater than0.050.001
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Chang Hwa Commercial Bank Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.573
Ma 20Greater thanMa 5018.120
Ma 50Greater thanMa 10017.765
Ma 100Greater thanMa 20017.729
OpenGreater thanClose18.150
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets2,900,874,139
Total Liabilities2,712,876,083
Total Stockholder Equity187,998,056
 As reported
Total Liabilities 2,712,876,083
Total Stockholder Equity+ 187,998,056
Total Assets = 2,900,874,139

Assets

Total Assets2,900,874,139
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 167,915,345
Total Current Assets  (as reported)0
Total Current Assets  (calculated)167,915,345
+/- 167,915,345
Long-term Assets
Property Plant Equipment 22,986,004
Long Term Investments 789,317,221
Intangible Assets 996,476
Long-term Assets  (as reported)0
Long-term Assets  (calculated)813,299,701
+/- 813,299,701

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity187,998,056
Total Current Liabilities
Accounts payable 25,201,858
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)25,201,858
+/- 25,201,858
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 13,482,750
Total Stockholder Equity (as reported)187,998,056
Total Stockholder Equity (calculated)13,482,750
+/- 174,515,306
Other
Capital Stock108,582,930
Common Stock Shares Outstanding 10,858,293
Net Invested Capital 238,234,038
Property Plant and Equipment Gross 36,910,791



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-06-30
> Total Assets 
1,279,155,986
1,356,313,098
1,296,251,117
1,296,251,117
1,355,554,458
1,355,554,458
0
1,344,653,505
1,311,503,571
1,300,517,582
1,301,897,735
1,372,632,908
1,396,815,994
1,413,102,880
1,430,936,341
1,435,301,163
1,475,326,923
1,437,771,281
1,458,815,324
1,468,481,869
1,503,169,464
1,498,630,193
1,527,075,074
1,556,471,145
1,589,117,513
1,590,014,228
1,589,770,781
1,603,516,295
1,609,613,958
1,613,907,845
1,665,176,394
1,662,924,157
1,700,055,541
1,748,734,184
1,757,826,621
1,778,761,645
1,815,872,967
1,828,825,456
1,836,134,168
1,905,556,686
1,906,257,219
1,948,089,376
1,920,080,054
1,940,485,737
2,005,151,504
1,978,628,836
1,983,808,905
2,025,064,101
2,036,258,400
2,066,450,116
2,095,013,795
2,083,029,473
2,081,811,670
2,086,234,322
2,124,170,452
2,130,219,822
2,135,643,203
2,193,595,304
2,209,510,768
2,224,886,519
2,313,440,219
2,407,263,221
2,417,921,905
2,439,697,731
2,551,106,497
2,642,809,832
2,651,459,941
2,740,089,305
2,684,852,319
2,740,600,711
2,709,534,037
2,785,683,209
2,900,874,139
2,900,874,1392,785,683,2092,709,534,0372,740,600,7112,684,852,3192,740,089,3052,651,459,9412,642,809,8322,551,106,4972,439,697,7312,417,921,9052,407,263,2212,313,440,2192,224,886,5192,209,510,7682,193,595,3042,135,643,2032,130,219,8222,124,170,4522,086,234,3222,081,811,6702,083,029,4732,095,013,7952,066,450,1162,036,258,4002,025,064,1011,983,808,9051,978,628,8362,005,151,5041,940,485,7371,920,080,0541,948,089,3761,906,257,2191,905,556,6861,836,134,1681,828,825,4561,815,872,9671,778,761,6451,757,826,6211,748,734,1841,700,055,5411,662,924,1571,665,176,3941,613,907,8451,609,613,9581,603,516,2951,589,770,7811,590,014,2281,589,117,5131,556,471,1451,527,075,0741,498,630,1931,503,169,4641,468,481,8691,458,815,3241,437,771,2811,475,326,9231,435,301,1631,430,936,3411,413,102,8801,396,815,9941,372,632,9081,301,897,7351,300,517,5821,311,503,5711,344,653,50501,355,554,4581,355,554,4581,296,251,1171,296,251,1171,356,313,0981,279,155,986
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
301,351,297
291,364,283
293,213,058
293,578,005
296,408,778
303,250,617
314,122,850
311,151,629
333,185,018
441,355,714
424,606,656
390,912,425
387,150,199
280,239,683
251,199,470
293,275,223
442,180,582
351,644,020
343,260,457
257,235,290
372,467,756
353,949,375
268,080,624
358,809,626
0
347,754,562
269,161,248
0
0
00269,161,248347,754,5620358,809,626268,080,624353,949,375372,467,756257,235,290343,260,457351,644,020442,180,582293,275,223251,199,470280,239,683387,150,199390,912,425424,606,656441,355,714333,185,018311,151,629314,122,850303,250,617296,408,778293,578,005293,213,058291,364,283301,351,29700000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
65,944,902
64,837,209
23,619,184
23,619,184
127,286,960
127,286,960
0
37,039,714
25,904,042
22,889,339
22,744,709
44,757,302
25,594,634
16,563,085
17,566,627
19,441,356
26,998,786
23,958,604
19,084,973
20,429,184
33,907,482
23,908,340
22,435,966
27,082,099
52,948,875
39,755,911
39,411,661
41,066,487
40,180,362
79,987,472
93,172,827
103,854,018
73,199,864
76,883,803
83,498,628
89,165,621
82,228,233
84,834,695
85,167,290
110,211,948
118,700,025
114,509,827
130,250,186
154,537,064
167,977,705
174,425,258
173,192,978
162,604,939
172,818,258
153,787,464
162,928,108
151,449,801
179,641,968
114,603,224
92,566,745
92,575,098
96,014,471
115,757,474
102,211,778
111,123,379
113,409,796
138,671,810
119,341,235
126,672,530
137,922,840
124,471,386
125,457,533
138,192,198
148,905,201
151,841,789
139,346,594
139,923,304
167,915,345
167,915,345139,923,304139,346,594151,841,789148,905,201138,192,198125,457,533124,471,386137,922,840126,672,530119,341,235138,671,810113,409,796111,123,379102,211,778115,757,47496,014,47192,575,09892,566,745114,603,224179,641,968151,449,801162,928,108153,787,464172,818,258162,604,939173,192,978174,425,258167,977,705154,537,064130,250,186114,509,827118,700,025110,211,94885,167,29084,834,69582,228,23389,165,62183,498,62876,883,80373,199,864103,854,01893,172,82779,987,47240,180,36241,066,48739,411,66139,755,91152,948,87527,082,09922,435,96623,908,34033,907,48220,429,18419,084,97323,958,60426,998,78619,441,35617,566,62716,563,08525,594,63444,757,30222,744,70922,889,33925,904,04237,039,7140127,286,960127,286,96023,619,18423,619,18464,837,20965,944,902
       Short-term Investments 
180,207,579
246,681,790
10,290,116
10,290,116
199,953,272
199,953,272
0
193,431,405
57,920,105
171,191,084
166,063,636
190,495,948
198,101,730
224,079,632
238,515,286
287,886,605
272,254,929
254,534,718
244,593,932
230,192,184
225,667,055
237,208,053
207,804,047
169,642,189
188,334,084
188,607,874
195,206,270
173,358,784
51,114,746
66,804,086
67,006,539
72,322,513
89,162,094
131,369,742
141,375,848
126,235,463
135,130,467
81,656,183
86,562,772
77,633,748
76,309,709
86,529,636
4,279,321
96,228,448
84,918,902
77,834,041
83,172,176
95,909,890
91,109,415
119,761,977
57,216,319
60,253,099
61,142,668
56,792,384
47,023,369
37,777,672
44,670,565
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000044,670,56537,777,67247,023,36956,792,38461,142,66860,253,09957,216,319119,761,97791,109,41595,909,89083,172,17677,834,04184,918,90296,228,4484,279,32186,529,63676,309,70977,633,74886,562,77281,656,183135,130,467126,235,463141,375,848131,369,74289,162,09472,322,51367,006,53966,804,08651,114,746173,358,784195,206,270188,607,874188,334,084169,642,189207,804,047237,208,053225,667,055230,192,184244,593,932254,534,718272,254,929287,886,605238,515,286224,079,632198,101,730190,495,948166,063,636171,191,08457,920,105193,431,4050199,953,272199,953,27210,290,11610,290,116246,681,790180,207,579
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,172,037
8,141,364
10,040,337
14,918,785
14,823,378
14,649,424
13,734,188
17,719,659
17,349,524
14,882,872
13,147,488
22,815,392
11,106,058
10,646,496
9,956,734
12,491,504
10,575,672
11,745,413
12,048,986
13,937,895
10,288,778
8,956,617
10,149,118
11,344,184
0
21,631,421
9,324,969
0
0
009,324,96921,631,421011,344,18410,149,1188,956,61710,288,77813,937,89512,048,98611,745,41310,575,67212,491,5049,956,73410,646,49611,106,05822,815,39213,147,48814,882,87217,349,52417,719,65913,734,18814,649,42414,823,37814,918,78510,040,3378,141,3649,172,03700000000000000000000000000000000000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
74,891,496
71,572,577
77,155,447
68,738,162
70,309,901
69,481,103
71,217,443
77,006,061
72,137,597
66,687,823
62,436,973
66,968,274
68,321,873
94,018,403
81,863,359
81,624,391
86,869,145
115,075,794
93,376,120
93,860,765
90,127,307
93,220,618
91,226,659
95,773,772
0
0
101,186,385
0
0
00101,186,3850095,773,77291,226,65993,220,61890,127,30793,860,76593,376,120115,075,79486,869,14581,624,39181,863,35994,018,40368,321,87366,968,27462,436,97366,687,82372,137,59777,006,06171,217,44369,481,10370,309,90168,738,16277,155,44771,572,57774,891,49600000000000000000000000000000000000000000000
   > Long-term Assets 0000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
24,630,260
30,278,895
25,055,543
25,055,543
25,073,758
25,073,758
0
24,983,151
30,177,579
24,977,838
30,037,781
24,760,965
29,933,260
29,713,319
29,594,639
29,437,905
29,349,220
29,163,910
28,946,841
28,832,840
28,875,362
28,707,838
28,604,193
31,024,870
31,108,573
31,989,136
31,934,191
31,865,112
23,932,997
24,109,822
24,055,053
24,012,354
23,935,458
23,983,046
23,926,695
23,767,817
23,822,844
23,768,046
23,018,788
22,291,966
22,253,008
22,125,819
22,018,386
20,802,934
20,801,823
20,736,980
20,726,679
20,679,281
20,639,732
20,570,760
20,617,152
20,620,294
21,071,298
22,934,109
22,510,639
22,343,365
22,359,440
22,341,758
22,274,715
22,256,308
22,427,850
22,524,785
22,825,136
22,568,289
22,920,890
22,976,071
23,008,344
22,982,121
22,985,468
22,974,287
22,941,219
23,062,469
22,986,004
22,986,00423,062,46922,941,21922,974,28722,985,46822,982,12123,008,34422,976,07122,920,89022,568,28922,825,13622,524,78522,427,85022,256,30822,274,71522,341,75822,359,44022,343,36522,510,63922,934,10921,071,29820,620,29420,617,15220,570,76020,639,73220,679,28120,726,67920,736,98020,801,82320,802,93422,018,38622,125,81922,253,00822,291,96623,018,78823,768,04623,822,84423,767,81723,926,69523,983,04623,935,45824,012,35424,055,05324,109,82223,932,99731,865,11231,934,19131,989,13631,108,57331,024,87028,604,19328,707,83828,875,36228,832,84028,946,84129,163,91029,349,22029,437,90529,594,63929,713,31929,933,26024,760,96530,037,78124,977,83830,177,57924,983,151025,073,75825,073,75825,055,54325,055,54330,278,89524,630,260
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
285,472,072
293,458,307
307,204,158
327,994,805
314,364,330
351,487,582
366,467,537
360,810,745
368,579,552
415,872,151
443,067,435
442,823,061
444,095,254
453,365,045
467,806,168
486,128,174
507,987,226
591,259,136
579,070,856
587,985,048
639,701,262
707,143,289
704,845,932
670,003,613
732,661,122
729,025,113
787,283,412
773,532,880
789,317,221
789,317,221773,532,880787,283,412729,025,113732,661,122670,003,613704,845,932707,143,289639,701,262587,985,048579,070,856591,259,136507,987,226486,128,174467,806,168453,365,045444,095,254442,823,061443,067,435415,872,151368,579,552360,810,745366,467,537351,487,582314,364,330327,994,805307,204,158293,458,307285,472,07200000000000000000000000000000000000000000000
       Intangible Assets 
0
0
56,547
56,547
113,864
113,864
0
89,287
75,229
71,450
65,499
57,955
52,453
53,698
54,537
47,750
39,547
46,144
49,592
50,468
56,504
53,526
49,375
56,243
62,074
59,031
62,255
68,093
86,991
84,918
78,119
73,985
80,006
528,621
523,138
493,870
473,336
451,682
459,250
438,274
500,710
464,727
464,227
432,663
423,465
411,172
380,121
416,721
436,176
396,020
375,917
339,978
731,364
718,729
686,740
707,733
720,656
674,630
870,883
859,679
687,613
636,009
624,318
597,069
595,639
1,099,441
1,089,149
1,094,611
1,121,815
1,140,268
1,081,266
1,020,276
996,476
996,4761,020,2761,081,2661,140,2681,121,8151,094,6111,089,1491,099,441595,639597,069624,318636,009687,613859,679870,883674,630720,656707,733686,740718,729731,364339,978375,917396,020436,176416,721380,121411,172423,465432,663464,227464,727500,710438,274459,250451,682473,336493,870523,138528,62180,00673,98578,11984,91886,99168,09362,25559,03162,07456,24349,37553,52656,50450,46849,59246,14439,54747,75054,53753,69852,45357,95565,49971,45075,22989,2870113,864113,86456,54756,54700
> Total Liabilities 
1,211,566,153
1,279,908,780
1,214,582,549
1,214,582,549
1,273,369,909
1,273,369,909
0
1,265,747,336
1,229,691,406
1,217,500,238
1,224,309,149
1,293,646,767
1,316,210,854
1,331,760,224
1,353,230,547
1,355,868,250
1,394,309,638
1,354,912,914
1,377,426,075
1,385,029,859
1,416,585,397
1,409,589,631
1,436,519,074
1,461,780,510
1,493,439,557
1,490,872,287
1,489,340,106
1,500,318,530
1,505,805,053
1,506,745,243
1,556,585,859
1,552,413,738
1,587,652,211
1,633,059,722
1,644,062,669
1,661,859,064
1,696,631,866
1,706,806,342
1,712,550,548
1,778,316,907
1,776,782,260
1,814,958,899
1,787,107,074
1,804,555,493
1,867,627,979
1,839,033,777
1,844,271,842
1,882,011,227
1,891,310,836
1,915,043,144
1,944,155,152
1,928,426,756
1,925,250,039
1,925,431,929
1,965,899,309
1,970,307,316
1,973,406,008
2,031,454,029
2,047,429,739
2,061,303,289
2,148,386,429
2,239,846,353
2,248,105,555
2,271,450,479
2,379,654,042
2,469,744,553
2,485,693,206
2,573,410,897
2,515,824,101
2,565,784,100
2,533,804,466
2,604,768,895
2,712,876,083
2,712,876,0832,604,768,8952,533,804,4662,565,784,1002,515,824,1012,573,410,8972,485,693,2062,469,744,5532,379,654,0422,271,450,4792,248,105,5552,239,846,3532,148,386,4292,061,303,2892,047,429,7392,031,454,0291,973,406,0081,970,307,3161,965,899,3091,925,431,9291,925,250,0391,928,426,7561,944,155,1521,915,043,1441,891,310,8361,882,011,2271,844,271,8421,839,033,7771,867,627,9791,804,555,4931,787,107,0741,814,958,8991,776,782,2601,778,316,9071,712,550,5481,706,806,3421,696,631,8661,661,859,0641,644,062,6691,633,059,7221,587,652,2111,552,413,7381,556,585,8591,506,745,2431,505,805,0531,500,318,5301,489,340,1061,490,872,2871,493,439,5571,461,780,5101,436,519,0741,409,589,6311,416,585,3971,385,029,8591,377,426,0751,354,912,9141,394,309,6381,355,868,2501,353,230,5471,331,760,2241,316,210,8541,293,646,7671,224,309,1491,217,500,2381,229,691,4061,265,747,33601,273,369,9091,273,369,9091,214,582,5491,214,582,5491,279,908,7801,211,566,153
   > Total Current 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
1,773,757,897
1,738,359,927
1,739,294,022
1,778,169,038
1,786,625,059
1,814,740,563
1,828,280,563
1,814,464,790
1,811,035,771
1,814,296,983
1,865,661,299
1,871,536,369
1,891,049,529
1,953,564,713
1,956,970,920
1,977,039,722
2,062,959,790
2,155,890,371
2,175,620,507
2,174,113,454
2,306,960,339
2,392,104,987
2,381,019,890
2,479,306,532
0
2,455,870,899
2,458,288,914
0
0
002,458,288,9142,455,870,89902,479,306,5322,381,019,8902,392,104,9872,306,960,3392,174,113,4542,175,620,5072,155,890,3712,062,959,7901,977,039,7221,956,970,9201,953,564,7131,891,049,5291,871,536,3691,865,661,2991,814,296,9831,811,035,7711,814,464,7901,828,280,5631,814,740,5631,786,625,0591,778,169,0381,739,294,0221,738,359,9271,773,757,89700000000000000000000000000000000000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
189,329,862
177,910,092
167,625,429
172,421,419
163,502,982
189,299,720
205,148,890
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000205,148,890189,299,720163,502,982172,421,419167,625,429177,910,092189,329,86200000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
189,329,862
177,910,092
167,625,429
172,421,419
163,502,982
189,299,720
205,148,890
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000205,148,890189,299,720163,502,982172,421,419167,625,429177,910,092189,329,86200000000000000000000000000000000000000000000
       Accounts payable 
15,159,532
25,042,936
0
0
0
0
0
25,873,924
15,396,994
15,163,412
14,139,162
23,395,834
15,885,395
8,386,957
10,444,016
10,263,452
11,115,707
10,875,429
10,992,361
12,299,091
12,705,164
10,885,391
11,104,370
14,111,581
20,517,000
20,182,114
21,944,770
2,040,676
0
2,465,005
3,046,626
4,558,012
1,946,478
2,065,595
1,808,250
2,157,895
2,191,042
4,426,672
3,251,713
2,914,572
1,898,732
2,324,507
11,715,249
1,431,457
1,411,016
2,958,633
3,006,471
2,514,702
1,789,193
1,346,303
1,675,946,828
1,686,102,681
1,690,127,445
25,872,103
23,823,897
27,282,158
1,766,553,194
1,813,260,522
1,803,201,342
1,837,699,651
1,920,005,740
2,011,417,274
2,044,593,805
2,049,480,058
2,178,534,850
2,205,600,270
2,265,425,711
2,315,802,948
21,512,933
2,452,949,357
2,356,058,590
32,040,269
25,201,858
25,201,85832,040,2692,356,058,5902,452,949,35721,512,9332,315,802,9482,265,425,7112,205,600,2702,178,534,8502,049,480,0582,044,593,8052,011,417,2741,920,005,7401,837,699,6511,803,201,3421,813,260,5221,766,553,19427,282,15823,823,89725,872,1031,690,127,4451,686,102,6811,675,946,8281,346,3031,789,1932,514,7023,006,4712,958,6331,411,0161,431,45711,715,2492,324,5071,898,7322,914,5723,251,7134,426,6722,191,0422,157,8951,808,2502,065,5951,946,4784,558,0123,046,6262,465,00502,040,67621,944,77020,182,11420,517,00014,111,58111,104,37010,885,39112,705,16412,299,09110,992,36110,875,42911,115,70710,263,45210,444,0168,386,95715,885,39523,395,83414,139,16215,163,41215,396,99425,873,9240000025,042,93615,159,532
       Other Current 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
24,974,071
20,679,927
14,577,221
13,672,593
23,706,092
14,482,372
25,790,522
25,292,204
24,749,389
22,803,181
23,376,197
17,695,276
12,077,767
10,448,203
10,626,689
15,450,005
13,275,595
14,827,697
11,738,145
11,887,625
20,809,115
12,828,759
12,171,034
12,539,029
0
1,427,142
24,030,342
0
0
0024,030,3421,427,142012,539,02912,171,03412,828,75920,809,11511,887,62511,738,14514,827,69713,275,59515,450,00510,626,68910,448,20312,077,76717,695,27623,376,19722,803,18124,749,38925,292,20425,790,52214,482,37223,706,09213,672,59314,577,22120,679,92724,974,07100000000000000000000000000000000000000000000
   > Long-term Liabilities 0000000000000000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
159
306
276
0
0
1,704
1,593
1,484
1,391
1,297
1,203
0
1,020
0
0
0
0
0
0
0
0
0
0
0
000000000001,02001,2031,2971,3911,4841,5931,704002763061590000000000000000000000000000000000000000000000000
> Total Stockholder Equity
67,589,833
76,404,318
81,668,568
81,668,568
82,184,549
82,184,549
82,184,549
78,906,169
81,812,165
83,017,344
77,588,586
78,986,141
80,605,140
81,342,656
77,705,794
79,432,913
81,017,285
82,858,367
81,389,249
83,452,010
86,584,067
89,040,562
90,556,000
94,690,635
95,677,956
99,141,941
100,430,675
103,197,765
103,808,905
107,162,602
108,590,535
110,510,419
112,403,330
115,674,462
113,763,952
116,902,581
119,241,101
122,019,114
123,583,620
127,239,779
129,474,959
133,130,477
132,972,980
135,930,244
137,523,525
139,595,059
139,537,063
143,052,874
144,947,564
151,406,972
150,858,643
154,602,717
156,561,631
160,802,393
158,271,143
159,912,506
162,237,195
162,141,275
162,081,029
163,583,230
165,053,790
167,416,868
169,816,350
168,247,252
171,452,455
173,065,279
165,766,735
166,678,408
169,028,218
174,816,611
175,729,571
180,914,314
187,998,056
187,998,056180,914,314175,729,571174,816,611169,028,218166,678,408165,766,735173,065,279171,452,455168,247,252169,816,350167,416,868165,053,790163,583,230162,081,029162,141,275162,237,195159,912,506158,271,143160,802,393156,561,631154,602,717150,858,643151,406,972144,947,564143,052,874139,537,063139,595,059137,523,525135,930,244132,972,980133,130,477129,474,959127,239,779123,583,620122,019,114119,241,101116,902,581113,763,952115,674,462112,403,330110,510,419108,590,535107,162,602103,808,905103,197,765100,430,67599,141,94195,677,95694,690,63590,556,00089,040,56286,584,06783,452,01081,389,24982,858,36781,017,28579,432,91377,705,79481,342,65680,605,14078,986,14177,588,58683,017,34481,812,16578,906,16982,184,54982,184,54982,184,54981,668,56881,668,56876,404,31867,589,833
   Common Stock
48,094,756
48,094,756
48,094,756
48,094,756
48,094,756
48,094,756
0
48,094,756
48,094,756
48,094,756
48,094,756
48,094,756
62,094,756
62,094,756
62,094,756
62,094,756
62,094,756
62,094,756
62,094,756
62,094,756
62,094,756
62,094,756
62,094,756
67,683,284
67,683,284
67,683,284
67,683,284
72,421,114
72,421,114
72,421,114
72,421,114
77,490,592
77,490,592
77,490,592
77,490,592
79,040,404
79,040,404
79,040,404
79,040,404
84,573,232
84,573,232
84,573,232
84,573,232
89,647,626
89,647,626
89,647,626
89,647,626
94,130,007
94,130,007
94,130,007
94,130,007
97,895,207
97,895,207
97,895,207
97,895,207
99,853,111
99,853,111
99,853,111
99,853,111
103,847,236
103,847,236
103,847,236
103,847,236
104,885,708
104,885,708
104,885,708
104,885,708
105,934,566
105,934,566
105,934,566
105,934,566
0
0
00105,934,566105,934,566105,934,566105,934,566104,885,708104,885,708104,885,708104,885,708103,847,236103,847,236103,847,236103,847,23699,853,11199,853,11199,853,11199,853,11197,895,20797,895,20797,895,20797,895,20794,130,00794,130,00794,130,00794,130,00789,647,62689,647,62689,647,62689,647,62684,573,23284,573,23284,573,23284,573,23279,040,40479,040,40479,040,40479,040,40477,490,59277,490,59277,490,59277,490,59272,421,11472,421,11472,421,11472,421,11467,683,28467,683,28467,683,28467,683,28462,094,75662,094,75662,094,75662,094,75662,094,75662,094,75662,094,75662,094,75662,094,75662,094,75662,094,75648,094,75648,094,75648,094,75648,094,75648,094,756048,094,75648,094,75648,094,75648,094,75648,094,75648,094,756
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100,194
-695,010
4,405,310
40,225
-453,971
2,924,489
7,285,019
3,860,679
3,394,991
4,476,824
5,351,536
4,012,830
3,888,647
1,289,725
7,470,291
3,490,083
3,853,813
4,277,890
4,460,673
3,992,472
4,913,809
4,098,769
-915,849
-3,125,078
-4,370,417
-2,057,502
953,035
0
0
00953,035-2,057,502-4,370,417-3,125,078-915,8494,098,7694,913,8093,992,4724,460,6734,277,8903,853,8133,490,0837,470,2911,289,7253,888,6474,012,8305,351,5364,476,8243,394,9913,860,6797,285,0192,924,489-453,97140,2254,405,310-695,010100,19400000000000000000000000000000000000000000000



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 (+$)
totalRevenue38,759,553
Cost of Revenue-0
Gross Profit038,759,553
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative4,872,161
Selling And Marketing Expenses0
Operating Expense04,872,161
 
Net Interest Income (+$)
Interest Income65,697,316
Interest Expense-42,610,485
Other Finance Cost-0
Net Interest Income23,086,831
 
Pretax Income (+$)
Operating Income0
Net Interest Income23,086,831
Other Non-Operating Income Expenses0
Income Before Tax (EBT)16,236,5880
EBIT - interestExpense = -42,610,485
12,982,142
55,592,627
Interest Expense42,610,485
Earnings Before Interest and Taxes (EBIT)058,847,073
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax16,236,588
Tax Provision-3,254,446
Net Income From Continuing Ops12,982,14212,982,142
Net Income12,982,142
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 Net0-23,086,831
 

Technical Analysis of Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd. The general trend of Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 18.50 < 18.50 < 18.65.

The bearish price targets are: 17.95 > 17.95 > 17.95.

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Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank 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

Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd. The current macd is 0.15025741.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Chang Hwa Commercial Bank Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Chang Hwa Commercial Bank Ltd Daily Moving Average Convergence/Divergence (MACD) ChartChang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd. The current adx is 37.37.

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 Chang Hwa Commercial Bank 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
Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd. The current sar is 18.44.

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
Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd. The current rsi is 59.57. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Chang Hwa Commercial Bank Ltd Daily Relative Strength Index (RSI) ChartChang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Chang Hwa Commercial Bank Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Chang Hwa Commercial Bank Ltd Daily Stochastic Oscillator ChartChang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd. The current cci is 53.61.

Chang Hwa Commercial Bank Ltd Daily Commodity Channel Index (CCI) ChartChang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd. The current cmo is 17.11.

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
Chang Hwa Commercial Bank Ltd Daily Chande Momentum Oscillator (CMO) ChartChang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd. The current willr is -33.33333333.

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 Chang Hwa Commercial Bank Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Chang Hwa Commercial Bank Ltd Daily Williams %R ChartChang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd.

Chang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd. The current atr is 0.18457609.

Chang Hwa Commercial Bank Ltd Daily Average True Range (ATR) ChartChang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd. The current obv is 1,203,759,313.

Chang Hwa Commercial Bank Ltd Daily On-Balance Volume (OBV) ChartChang Hwa Commercial Bank 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 Chang Hwa Commercial Bank Ltd. The current mfi is 64.37.

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
Chang Hwa Commercial Bank Ltd Daily Money Flow Index (MFI) ChartChang Hwa Commercial Bank Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Chang Hwa Commercial Bank 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
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-02MACD 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.
2023-11-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-28MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-13BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19DMI 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10DMI 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.
2024-01-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15DMI 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
2024-02-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-01MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH 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.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-29STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Chang Hwa Commercial Bank Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Chang Hwa Commercial Bank Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.573
Ma 20Greater thanMa 5018.120
Ma 50Greater thanMa 10017.765
Ma 100Greater thanMa 20017.729
OpenGreater thanClose18.150
Total4/5 (80.0%)
Penke

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