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

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

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

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Quick analysis of QITIAN Technology Group Co Ltd (30 sec.)










What can you expect buying and holding a share of QITIAN Technology Group Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.00
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥1.90
Expected worth in 1 year
¥1.95
How sure are you?
67.5%

+ What do you gain per year?

Total Gains per Share
¥0.09
Return On Investment
2.0%

For what price can you sell your share?

Current Price per Share
¥4.47
Expected price per share
¥3.15 - ¥6.18
How sure are you?
50%

1. Valuation of QITIAN Technology Group Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥4.47

Intrinsic Value Per Share

¥-9.80 - ¥1.48

Total Value Per Share

¥-7.90 - ¥3.37

2. Growth of QITIAN Technology Group Co Ltd (5 min.)




Is QITIAN Technology Group Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$172.9m$163.9m$6.5m3.8%

How much money is QITIAN Technology Group Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1.1m-$10m$8.9m769.4%
Net Profit Margin-3.5%-25.6%--

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

3. Financial Health of QITIAN Technology Group Co Ltd (5 min.)




4. Comparing to competitors in the Medical Instruments & Supplies industry (5 min.)




  Industry Rankings (Medical Instruments & Supplies)  


Richest
#88 / 173

Most Revenue
#98 / 173

Most Profit
#127 / 173

Most Efficient
#121 / 173

What can you expect buying and holding a share of QITIAN Technology Group Co Ltd? (5 min.)

Welcome investor! QITIAN Technology Group Co Ltd's management wants to use your money to grow the business. In return you get a share of QITIAN Technology Group Co Ltd.

What can you expect buying and holding a share of QITIAN Technology Group Co Ltd?

First you should know what it really means to hold a share of QITIAN Technology Group Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of QITIAN Technology Group Co Ltd is ¥4.47. 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 QITIAN Technology Group Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥1.90. Based on the TTM, the Book Value Change Per Share is ¥0.01 per quarter. Based on the YOY, the Book Value Change Per Share is ¥-0.01 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 ¥0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of QITIAN Technology Group Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.00-0.1%0.000.0%-0.02-0.3%-0.02-0.5%-0.01-0.2%
Usd Book Value Change Per Share0.00-0.1%0.000.0%0.000.0%-0.02-0.5%0.000.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.1%0.000.0%-0.02-0.5%0.010.1%
Usd Price Per Share0.87-0.94-1.23-0.95-1.30-
Price to Earnings Ratio-68.16-32.00-72.69-46.25-91.49-
Price-to-Total Gains Ratio-425.41--1,758.18-184.22--275.45--19.71-
Price to Book Ratio3.31-3.66-4.99-3.09-6.69-
Price-to-Total Gains Ratio-425.41--1,758.18-184.22--275.45--19.71-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.618648
Number of shares1616
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.00-0.02
Usd Total Gains Per Share0.00-0.02
Gains per Quarter (1616 shares)5.05-33.41
Gains per Year (1616 shares)20.20-133.64
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
17131010-143-144
214263019-287-278
322395029-430-412
429527039-574-546
536659049-717-680
6437811058-860-814
7519113068-1004-948
85810415078-1147-1082
96511717088-1290-1216
107213019097-1434-1350

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%5.07.00.041.7%8.012.00.040.0%28.012.00.070.0%41.012.02.074.5%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%10.010.00.050.0%25.015.00.062.5%38.017.00.069.1%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%55.00.00.0100.0%
Total Gains per Share2.02.00.050.0%7.05.00.058.3%10.010.00.050.0%27.013.00.067.5%42.013.00.076.4%

Fundamentals of QITIAN Technology Group Co Ltd

About QITIAN Technology Group Co Ltd

QITIAN Technology Group Co., Ltd. develops, produces, and sells plastic lenses in China. The company was founded in 1996 and is based in Shanghai, China.

Fundamental data was last updated by Penke on 2024-03-25 21:38:08.

Financial Health

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

Valuation

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

1.1. Profitability of QITIAN Technology Group Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit QITIAN Technology Group Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare QITIAN Technology Group Co Ltd to the Medical Instruments & Supplies industry mean.
  • A Net Profit Margin of -6.3% means that ¥-0.06 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of QITIAN Technology Group Co Ltd:

  • The MRQ is -6.3%. The company is making a loss. -1
  • The TTM is -3.5%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-6.3%TTM-3.5%-2.8%
TTM-3.5%YOY-25.6%+22.1%
TTM-3.5%5Y-19.8%+16.3%
5Y-19.8%10Y-4.9%-14.9%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.3%6.2%-12.5%
TTM-3.5%7.4%-10.9%
YOY-25.6%8.0%-33.6%
5Y-19.8%7.1%-26.9%
10Y-4.9%7.7%-12.6%
1.1.2. Return on Assets

Shows how efficient QITIAN Technology Group Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare QITIAN Technology Group Co Ltd to the Medical Instruments & Supplies industry mean.
  • -0.7% Return on Assets means that QITIAN Technology Group Co Ltd generated ¥-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of QITIAN Technology Group Co Ltd:

  • The MRQ is -0.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.7%TTM-0.4%-0.3%
TTM-0.4%YOY-4.3%+3.9%
TTM-0.4%5Y-4.3%+3.9%
5Y-4.3%10Y-1.4%-3.0%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.7%1.2%-1.9%
TTM-0.4%1.2%-1.6%
YOY-4.3%1.7%-6.0%
5Y-4.3%1.6%-5.9%
10Y-1.4%1.6%-3.0%
1.1.3. Return on Equity

Shows how efficient QITIAN Technology Group Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare QITIAN Technology Group Co Ltd to the Medical Instruments & Supplies industry mean.
  • -1.2% Return on Equity means QITIAN Technology Group Co Ltd generated ¥-0.01 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of QITIAN Technology Group Co Ltd:

  • The MRQ is -1.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -0.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.2%TTM-0.7%-0.6%
TTM-0.7%YOY-6.2%+5.5%
TTM-0.7%5Y-6.3%+5.6%
5Y-6.3%10Y-1.9%-4.4%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.2%2.3%-3.5%
TTM-0.7%2.6%-3.3%
YOY-6.2%3.1%-9.3%
5Y-6.3%3.2%-9.5%
10Y-1.9%3.0%-4.9%

1.2. Operating Efficiency of QITIAN Technology Group Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient QITIAN Technology Group Co Ltd is operating .

  • Measures how much profit QITIAN Technology Group Co 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 QITIAN Technology Group Co Ltd to the Medical Instruments & Supplies industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of QITIAN Technology Group Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.0%+0.0%
TTM0.0%YOY7.2%-7.2%
TTM0.0%5Y3.4%-3.4%
5Y3.4%10Y2.8%+0.6%
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.9%-7.9%
TTM0.0%6.4%-6.4%
YOY7.2%10.7%-3.5%
5Y3.4%10.0%-6.6%
10Y2.8%8.4%-5.6%
1.2.2. Operating Ratio

Measures how efficient QITIAN Technology Group Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • An Operation Ratio of 1.79 means that the operating costs are ¥1.79 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of QITIAN Technology Group Co Ltd:

  • The MRQ is 1.785. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.699. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.785TTM1.699+0.086
TTM1.699YOY1.598+0.101
TTM1.6995Y1.527+0.173
5Y1.52710Y1.100+0.427
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7851.099+0.686
TTM1.6991.149+0.550
YOY1.5981.109+0.489
5Y1.5271.101+0.426
10Y1.1001.055+0.045

1.3. Liquidity of QITIAN Technology Group Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if QITIAN Technology Group Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • A Current Ratio of 1.60 means the company has ¥1.60 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of QITIAN Technology Group Co Ltd:

  • The MRQ is 1.599. The company is able to pay all its short-term debts. +1
  • The TTM is 1.595. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.599TTM1.595+0.004
TTM1.595YOY1.566+0.028
TTM1.5955Y2.062-0.468
5Y2.06210Y1.145+0.918
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5992.385-0.786
TTM1.5952.589-0.994
YOY1.5662.582-1.016
5Y2.0622.635-0.573
10Y1.1452.614-1.469
1.3.2. Quick Ratio

Measures if QITIAN Technology Group Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare QITIAN Technology Group Co Ltd to the Medical Instruments & Supplies industry mean.
  • A Quick Ratio of 0.86 means the company can pay off ¥0.86 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of QITIAN Technology Group Co Ltd:

  • The MRQ is 0.856. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.822. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.856TTM0.822+0.034
TTM0.822YOY0.944-0.123
TTM0.8225Y0.765+0.057
5Y0.76510Y0.645+0.119
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8561.165-0.309
TTM0.8221.172-0.350
YOY0.9441.283-0.339
5Y0.7651.392-0.627
10Y0.6451.477-0.832

1.4. Solvency of QITIAN Technology Group Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of QITIAN Technology Group Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare QITIAN Technology Group Co Ltd to Medical Instruments & Supplies industry mean.
  • A Debt to Asset Ratio of 0.40 means that QITIAN Technology Group Co Ltd assets are financed with 40.1% credit (debt) and the remaining percentage (100% - 40.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of QITIAN Technology Group Co Ltd:

  • The MRQ is 0.401. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.395. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.401TTM0.395+0.006
TTM0.395YOY0.367+0.028
TTM0.3955Y0.330+0.065
5Y0.33010Y0.314+0.016
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4010.353+0.048
TTM0.3950.355+0.040
YOY0.3670.358+0.009
5Y0.3300.362-0.032
10Y0.3140.369-0.055
1.4.2. Debt to Equity Ratio

Measures if QITIAN Technology Group Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare QITIAN Technology Group Co Ltd to the Medical Instruments & Supplies industry mean.
  • A Debt to Equity ratio of 67.8% means that company has ¥0.68 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of QITIAN Technology Group Co Ltd:

  • The MRQ is 0.678. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.653. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.678TTM0.653+0.025
TTM0.653YOY0.571+0.082
TTM0.6535Y0.510+0.142
5Y0.51010Y0.514-0.004
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6780.541+0.137
TTM0.6530.545+0.108
YOY0.5710.529+0.042
5Y0.5100.640-0.130
10Y0.5140.665-0.151

2. Market Valuation of QITIAN Technology Group Co 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 QITIAN Technology Group Co Ltd generates.

  • Above 15 is considered overpriced but always compare QITIAN Technology Group Co Ltd to the Medical Instruments & Supplies industry mean.
  • A PE ratio of -68.16 means the investor is paying ¥-68.16 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of QITIAN Technology Group Co Ltd:

  • The EOD is -48.592. Based on the earnings, the company is expensive. -2
  • The MRQ is -68.159. Based on the earnings, the company is expensive. -2
  • The TTM is 32.003. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD-48.592MRQ-68.159+19.567
MRQ-68.159TTM32.003-100.163
TTM32.003YOY72.689-40.686
TTM32.0035Y46.253-14.250
5Y46.25310Y91.495-45.242
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD-48.59217.153-65.745
MRQ-68.15918.041-86.200
TTM32.00319.435+12.568
YOY72.68920.661+52.028
5Y46.25321.526+24.727
10Y91.49527.509+63.986
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of QITIAN Technology Group Co Ltd:

  • The EOD is -26.878. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -37.701. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -12.463. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-26.878MRQ-37.701+10.823
MRQ-37.701TTM-12.463-25.238
TTM-12.463YOY-9.758-2.705
TTM-12.4635Y-10.042-2.421
5Y-10.04210Y-248.608+238.566
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD-26.87810.417-37.295
MRQ-37.70110.581-48.282
TTM-12.4631.298-13.761
YOY-9.7584.650-14.408
5Y-10.0424.114-14.156
10Y-248.6080.108-248.716
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of QITIAN Technology Group Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Medical Instruments & Supplies industry mean).
  • A PB ratio of 3.31 means the investor is paying ¥3.31 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of QITIAN Technology Group Co Ltd:

  • The EOD is 2.357. Based on the equity, the company is underpriced. +1
  • The MRQ is 3.306. Based on the equity, the company is fair priced.
  • The TTM is 3.657. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.357MRQ3.306-0.949
MRQ3.306TTM3.657-0.351
TTM3.657YOY4.985-1.328
TTM3.6575Y3.094+0.563
5Y3.09410Y6.692-3.598
Compared to industry (Medical Instruments & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD2.3572.531-0.174
MRQ3.3062.733+0.573
TTM3.6572.706+0.951
YOY4.9853.244+1.741
5Y3.0943.824-0.730
10Y6.6924.219+2.473
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of QITIAN Technology Group Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.0230.014-258%-0.015-35%-0.160+602%0.032-172%
Book Value Per Share--1.8961.869+1%1.796+6%2.468-23%2.488-24%
Current Ratio--1.5991.595+0%1.566+2%2.062-22%1.145+40%
Debt To Asset Ratio--0.4010.395+1%0.367+9%0.330+21%0.314+28%
Debt To Equity Ratio--0.6780.653+4%0.571+19%0.510+33%0.514+32%
Dividend Per Share--0.0080.0080%0.007+22%0.011-26%0.014-42%
Eps---0.023-0.013-45%-0.110+378%-0.154+568%-0.049+114%
Free Cash Flow Per Share---0.042-0.044+6%-0.036-13%0.001-3483%0.023-277%
Free Cash Flow To Equity Per Share---0.042-0.017-58%0.009-553%-0.033-22%0.075-156%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--1.477--------
Intrinsic Value_10Y_min---9.798--------
Intrinsic Value_1Y_max--0.102--------
Intrinsic Value_1Y_min---0.234--------
Intrinsic Value_3Y_max--0.341--------
Intrinsic Value_3Y_min---1.356--------
Intrinsic Value_5Y_max--0.623--------
Intrinsic Value_5Y_min---3.183--------
Market Cap2945703108.480-40%4131892279.6804495986455.840-8%5883404227.135-30%4577730674.154-10%6237187011.442-34%
Net Profit Margin---0.063-0.035-44%-0.256+310%-0.198+217%-0.049-22%
Operating Margin---0.0000%0.072-100%0.034-100%0.028-100%
Operating Ratio--1.7851.699+5%1.598+12%1.527+17%1.100+62%
Pb Ratio2.357-40%3.3063.657-10%4.985-34%3.094+7%6.692-51%
Pe Ratio-48.592+29%-68.15932.003-313%72.689-194%46.253-247%91.495-174%
Price Per Share4.470-40%6.2706.823-8%8.920-30%6.885-9%9.424-33%
Price To Free Cash Flow Ratio-26.878+29%-37.701-12.463-67%-9.758-74%-10.042-73%-248.608+559%
Price To Total Gains Ratio-303.283+29%-425.410-1758.181+313%184.221-331%-275.450-35%-19.709-95%
Quick Ratio--0.8560.822+4%0.944-9%0.765+12%0.645+33%
Return On Assets---0.007-0.004-45%-0.043+489%-0.043+494%-0.014+86%
Return On Equity---0.012-0.007-45%-0.062+402%-0.063+413%-0.019+53%
Total Gains Per Share---0.0150.023-165%-0.008-45%-0.149+914%0.046-132%
Usd Book Value--172951528.871170454805.197+1%163925970.790+6%227969383.746-24%228975764.697-24%
Usd Book Value Change Per Share---0.0030.002-258%-0.002-35%-0.022+602%0.004-172%
Usd Book Value Per Share--0.2620.259+1%0.249+6%0.342-23%0.344-24%
Usd Dividend Per Share--0.0010.0010%0.001+22%0.002-26%0.002-42%
Usd Eps---0.003-0.002-45%-0.015+378%-0.021+568%-0.007+114%
Usd Free Cash Flow---3792004.434-4022106.958+6%-3312232.206-13%157916.491-2501%2071571.910-283%
Usd Free Cash Flow Per Share---0.006-0.006+6%-0.005-13%0.000-3483%0.003-277%
Usd Free Cash Flow To Equity Per Share---0.006-0.002-58%0.001-553%-0.005-22%0.010-156%
Usd Market Cap407685310.214-40%571853891.508622244525.488-8%814263145.035-30%633557925.303-10%863226682.384-34%
Usd Price Per Share0.619-40%0.8680.944-8%1.235-30%0.953-9%1.304-33%
Usd Profit---2097489.504-1156904.700-45%-10058103.117+380%-14326961.785+583%-4625534.770+121%
Usd Revenue--33533536.28236252175.160-7%41286183.186-19%44785272.417-25%43019915.958-22%
Usd Total Gains Per Share---0.0020.003-165%-0.001-45%-0.021+914%0.006-132%
 EOD+3 -5MRQTTM+13 -21YOY+16 -195Y+14 -2110Y+10 -25

3.2. Fundamental Score

Let's check the fundamental score of QITIAN Technology Group Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-48.592
Price to Book Ratio (EOD)Between0-12.357
Net Profit Margin (MRQ)Greater than0-0.063
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.856
Current Ratio (MRQ)Greater than11.599
Debt to Asset Ratio (MRQ)Less than10.401
Debt to Equity Ratio (MRQ)Less than10.678
Return on Equity (MRQ)Greater than0.15-0.012
Return on Assets (MRQ)Greater than0.05-0.007
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of QITIAN Technology Group Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.697
Ma 20Greater thanMa 504.516
Ma 50Greater thanMa 1004.563
Ma 100Greater thanMa 2005.392
OpenGreater thanClose4.280
Total0/5 (0.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Minority Interest  2888651,153-483671-64129-137-108
Interest Income  3571,9972,354-2,0503041,2351,538-4,237-2,699



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets2,085,407
Total Liabilities835,757
Total Stockholder Equity1,233,235
 As reported
Total Liabilities 835,757
Total Stockholder Equity+ 1,233,235
Total Assets = 2,085,407

Assets

Total Assets2,085,407
Total Current Assets1,296,866
Long-term Assets788,540
Total Current Assets
Cash And Cash Equivalents 204,500
Net Receivables 694,399
Inventory 13,807
Other Current Assets 285,402
Total Current Assets  (as reported)1,296,866
Total Current Assets  (calculated)1,198,108
+/- 98,758
Long-term Assets
Property Plant Equipment 22,382
Goodwill 601,748
Intangible Assets 46,435
Long-term Assets Other 759
Long-term Assets  (as reported)788,540
Long-term Assets  (calculated)671,324
+/- 117,216

Liabilities & Shareholders' Equity

Total Current Liabilities810,999
Long-term Liabilities24,758
Total Stockholder Equity1,233,235
Total Current Liabilities
Short Long Term Debt 612,377
Accounts payable 35,045
Other Current Liabilities 6,795
Total Current Liabilities  (as reported)810,999
Total Current Liabilities  (calculated)654,217
+/- 156,782
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt8,086
Long-term Liabilities Other 9,995
Long-term Liabilities  (as reported)24,758
Long-term Liabilities  (calculated)18,081
+/- 6,677
Total Stockholder Equity
Total Stockholder Equity (as reported)1,233,235
Total Stockholder Equity (calculated)0
+/- 1,233,235
Other
Capital Stock658,994
Common Stock Shares Outstanding 658,994
Net Debt 407,877
Net Invested Capital 1,845,612
Net Working Capital 485,868
Property Plant and Equipment Gross 22,382



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312008-12-312007-12-31
> Total Assets 
177,682
195,575
218,493
483,781
475,120
472,771
466,254
510,048
601,290
615,144
635,652
626,336
622,402
647,993
649,196
632,684
635,823
644,089
707,779
738,942
760,458
755,251
769,431
778,534
792,122
829,464
830,880
869,478
895,620
902,562
3,785,384
3,843,427
3,861,018
3,908,653
4,389,860
4,287,082
4,103,251
4,191,945
3,000,175
3,177,476
2,982,236
2,932,145
3,579,925
3,102,164
2,754,994
2,906,999
2,149,608
2,089,602
1,986,234
1,976,778
1,731,627
1,812,520
1,938,249
2,024,040
1,976,769
2,011,803
2,072,802
2,085,407
2,085,4072,072,8022,011,8031,976,7692,024,0401,938,2491,812,5201,731,6271,976,7781,986,2342,089,6022,149,6082,906,9992,754,9943,102,1643,579,9252,932,1452,982,2363,177,4763,000,1754,191,9454,103,2514,287,0824,389,8603,908,6533,861,0183,843,4273,785,384902,562895,620869,478830,880829,464792,122778,534769,431755,251760,458738,942707,779644,089635,823632,684649,196647,993622,402626,336635,652615,144601,290510,048466,254472,771475,120483,781218,493195,575177,682
   > 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
1,191,778
1,222,186
1,610,936
1,770,996
1,578,446
1,503,132
1,733,687
1,271,551
1,073,478
1,245,658
1,176,580
1,119,144
1,031,724
1,024,504
878,514
959,827
1,102,613
1,198,148
1,180,418
1,223,899
1,280,174
1,296,866
1,296,8661,280,1741,223,8991,180,4181,198,1481,102,613959,827878,5141,024,5041,031,7241,119,1441,176,5801,245,6581,073,4781,271,5511,733,6871,503,1321,578,4461,770,9961,610,9361,222,1861,191,778000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
464,220
397,742
731,388
997,241
899,774
1,126,771
1,025,105
532,269
274,829
406,709
415,166
366,711
228,709
262,188
121,465
114,225
147,549
216,896
377,327
186,419
198,604
204,500
204,500198,604186,419377,327216,896147,549114,225121,465262,188228,709366,711415,166406,709274,829532,2691,025,1051,126,771899,774997,241731,388397,742464,220000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22,350
0
108,647
69,598
11,174
0
5,274
4,026
17,280
16,535
0
0
50
50
0
0
0
0
0
0
0
0
0000000050500016,53517,2804,0265,274011,17469,598108,647022,350000000000000000000000000000000000000
       Net Receivables 
19,923
35,620
50,877
52,719
49,786
40,316
49,369
69,321
79,979
96,729
79,731
92,946
107,667
108,822
88,549
91,651
102,463
109,320
123,806
149,000
139,605
149,037
125,216
143,108
143,030
145,313
148,546
163,149
173,236
179,885
227,714
210,470
235,758
223,911
229,670
231,660
347,807
384,426
666,261
203,811
120,727
151,176
314,032
460,992
458,577
449,889
350,324
501,448
428,516
469,646
483,784
631,275
744,851
633,853
429,499
665,208
786,267
694,399
694,399786,267665,208429,499633,853744,851631,275483,784469,646428,516501,448350,324449,889458,577460,992314,032151,176120,727203,811666,261384,426347,807231,660229,670223,911235,758210,470227,714179,885173,236163,149148,546145,313143,030143,108125,216149,037139,605149,000123,806109,320102,46391,65188,549108,822107,66792,94679,73196,72979,97969,32149,36940,31649,78652,71950,87735,62019,923
       Other Current Assets 
1,758
5,289
2,827
9,752
11,162
14,357
26,215
26,617
28,479
26,675
17,106
14,611
13,202
17,106
6,797
10,569
8,716
13,974
19,903
32,567
24,481
30,261
13,340
27,013
14,494
33,494
16,113
35,366
17,023
28,204
25,758
271,704
33,175
349,531
38,045
255,950
54,898
145,129
26,092
40,559
23,063
22,323
338,138
244,342
292,030
334,225
379,474
221,908
338,096
251,788
259,327
194,153
181,799
312,828
253,224
258,539
282,307
285,402
285,402282,307258,539253,224312,828181,799194,153259,327251,788338,096221,908379,474334,225292,030244,342338,13822,32323,06340,55926,092145,12954,898255,95038,045349,53133,175271,70425,75828,20417,02335,36616,11333,49414,49427,01313,34030,26124,48132,56719,90313,9748,71610,5696,79717,10613,20214,61117,10626,67528,47926,61726,21514,35711,1629,7522,8275,2891,758
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,406,480
1,403,789
1,429,013
1,846,239
1,830,612
1,681,516
1,661,341
973,027
970,457
954,510
952,275
853,112
852,693
835,636
825,892
796,351
787,903
792,627
788,540
788,540792,627787,903796,351825,892835,636852,693853,112952,275954,510970,457973,0271,661,3411,681,5161,830,6121,846,2391,429,0131,403,7891,406,480000000000000000000000000000000000000000
       Property Plant Equipment 
68,852
57,790
65,196
62,052
82,474
85,087
106,604
115,041
169,490
185,185
238,578
233,242
252,209
239,726
260,540
246,290
256,606
244,390
281,494
265,795
266,712
269,133
270,853
268,904
261,996
260,587
267,126
271,247
276,520
278,436
296,285
303,872
314,812
327,998
355,924
356,392
363,669
370,579
39,804
40,807
41,419
39,687
38,390
60,540
46,789
44,612
42,654
55,103
27,524
24,719
21,430
17,587
16,148
14,895
15,709
14,458
23,978
22,382
22,38223,97814,45815,70914,89516,14817,58721,43024,71927,52455,10342,65444,61246,78960,54038,39039,68741,41940,80739,804370,579363,669356,392355,924327,998314,812303,872296,285278,436276,520271,247267,126260,587261,996268,904270,853269,133266,712265,795281,494244,390256,606246,290260,540239,726252,209233,242238,578185,185169,490115,041106,60485,08782,47462,05265,19657,79068,852
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,478
3,478
3,478
3,478
3,478
3,478
3,478
3,478
3,478
3,478
3,478
1,975,910
1,975,910
1,975,910
1,975,910
2,298,587
2,298,587
2,298,587
2,339,717
1,191,625
1,211,710
1,212,212
1,212,212
1,485,326
1,485,326
1,373,794
1,373,794
686,916
686,916
686,916
686,916
601,748
601,748
601,748
601,748
601,748
601,748
601,748
601,748
601,748601,748601,748601,748601,748601,748601,748601,748686,916686,916686,916686,9161,373,7941,373,7941,485,3261,485,3261,212,2121,212,2121,211,7101,191,6252,339,7172,298,5872,298,5872,298,5871,975,9101,975,9101,975,9101,975,9103,4783,4783,4783,4783,4783,4783,4783,4783,4783,4783,4780000000000000000000
       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
43,000
53,000
53,200
50,200
50,200
90,200
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000090,20050,20050,20053,20053,00043,000000000000000000000000000000000000000
       Intangible Assets 
10,265
8,356
8,179
8,134
31
8,074
26
8,023
104
14,030
1,028
18,290
959
18,134
734
17,669
707
17,480
1,406
20,492
20,626
20,829
20,337
20,187
19,043
18,967
18,877
18,860
19,481
19,354
2,120,957
2,113,406
2,107,967
2,100,711
2,444,257
2,433,265
124,669
124,334
66,753
73,382
62,126
61,713
181,838
169,475
147,764
136,154
127,069
114,979
106,391
98,837
91,240
84,931
77,916
70,878
65,490
59,377
52,651
46,435
46,43552,65159,37765,49070,87877,91684,93191,24098,837106,391114,979127,069136,154147,764169,475181,83861,71362,12673,38266,753124,334124,6692,433,2652,444,2572,100,7112,107,9672,113,4062,120,95719,35419,48118,86018,87718,96719,04320,18720,33720,82920,62620,4921,40617,48070717,66973418,13495918,2901,02814,0301048,023268,074318,1348,1798,35610,265
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
195
509
594
23,819
1,830,612
0
44,612
0
0
0
0
0
535
343
614
1,647
2,481
1,009
759
7591,0092,4811,6476143435350000044,61201,830,61223,819594509195000000000000000000000000000000000000000
> Total Liabilities 
113,219
116,458
117,980
131,771
115,271
110,971
96,986
129,885
204,146
208,430
226,742
216,312
211,672
237,185
240,414
224,822
221,998
229,579
253,701
280,262
285,292
274,196
317,508
306,843
325,779
343,892
346,465
363,125
364,874
353,232
494,465
488,253
531,300
494,722
805,024
671,564
749,742
716,488
533,998
703,785
636,735
621,820
1,033,651
1,040,021
816,764
928,351
837,690
794,340
689,240
722,571
571,753
643,622
740,753
812,563
771,168
805,310
808,106
835,757
835,757808,106805,310771,168812,563740,753643,622571,753722,571689,240794,340837,690928,351816,7641,040,0211,033,651621,820636,735703,785533,998716,488749,742671,564805,024494,722531,300488,253494,465353,232364,874363,125346,465343,892325,779306,843317,508274,196285,292280,262253,701229,579221,998224,822240,414237,185211,672216,312226,742208,430204,146129,88596,986110,971115,271131,771117,980116,458113,219
   > Total Current Liabilities 
96,351
66,590
116,360
130,151
78,651
74,654
60,771
93,772
203,133
207,519
225,932
215,603
196,264
221,878
220,609
224,518
191,796
229,478
253,701
270,262
276,292
265,196
308,759
298,171
319,185
337,131
339,435
356,446
360,323
267,831
392,739
344,479
398,409
449,296
584,288
460,950
540,691
523,601
353,695
514,907
451,461
388,528
785,489
852,534
655,198
769,827
739,094
686,121
654,080
688,962
537,863
613,187
713,755
787,197
749,765
783,040
779,470
810,999
810,999779,470783,040749,765787,197713,755613,187537,863688,962654,080686,121739,094769,827655,198852,534785,489388,528451,461514,907353,695523,601540,691460,950584,288449,296398,409344,479392,739267,831360,323356,446339,435337,131319,185298,171308,759265,196276,292270,262253,701229,478191,796224,518220,609221,878196,264215,603225,932207,519203,13393,77260,77174,65478,651130,151116,36066,59096,351
       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
56,800
0
0
239,900
240,000
220,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000220,000240,000239,9000056,800000000000000000000000000000000000000
       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
56,800
0
0
239,900
240,000
220,000
310,455
310,308
370,086
405,194
400,712
404,633
377,815
365,082
318,794
379,376
444,688
552,468
504,457
550,350
574,664
612,377
612,377574,664550,350504,457552,468444,688379,376318,794365,082377,815404,633400,712405,194370,086310,308310,455220,000240,000239,9000056,800000000000000000000000000000000000000
       Accounts payable 
11,659
12,371
11,693
11,131
18,266
20,597
17,765
25,066
26,844
28,925
26,045
29,773
32,834
29,380
36,014
24,552
31,867
33,259
48,396
46,959
50,585
45,985
39,813
33,600
37,730
47,242
35,981
36,709
44,139
38,303
79,741
55,768
62,101
75,003
87,915
54,404
70,823
68,831
92,414
101,675
65,062
84,441
74,323
69,581
63,502
65,136
75,119
68,558
62,928
39,558
28,831
47,057
102,045
47,779
53,170
52,330
41,060
35,045
35,04541,06052,33053,17047,779102,04547,05728,83139,55862,92868,55875,11965,13663,50269,58174,32384,44165,062101,67592,41468,83170,82354,40487,91575,00362,10155,76879,74138,30344,13936,70935,98147,24237,73033,60039,81345,98550,58546,95948,39633,25931,86724,55236,01429,38032,83429,77326,04528,92526,84425,06617,76520,59718,26611,13111,69312,37111,659
       Other Current Liabilities 
4,692
4,219
4,667
4,020
3,385
7,057
3,006
3,706
19,289
11,594
12,887
8,830
8,230
12,298
9,195
11,166
6,329
12,619
26,905
32,889
26,932
28,674
43,405
29,033
29,953
34,298
57,337
58,511
59,750
61,048
157,209
102,358
132,319
120,445
266,104
208,974
156,592
175,565
93,584
2,870
108,181
60
236,142
453,599
176,020
277,414
161,393
168,974
147,271
234,357
140,444
172,084
140,247
170,196
9,973
9,138
127,877
6,795
6,795127,8779,1389,973170,196140,247172,084140,444234,357147,271168,974161,393277,414176,020453,599236,14260108,1812,87093,584175,565156,592208,974266,104120,445132,319102,358157,20961,04859,75058,51157,33734,29829,95329,03343,40528,67426,93232,88926,90512,6196,32911,1669,19512,2988,2308,83012,88711,59419,2893,7063,0067,0573,3854,0204,6674,2194,692
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
188,879
185,274
233,293
248,162
187,487
161,566
158,524
98,596
108,219
35,159
33,609
33,890
30,435
26,998
25,366
21,403
22,270
28,636
24,758
24,75828,63622,27021,40325,36626,99830,43533,89033,60935,159108,21998,596158,524161,566187,487248,162233,293185,274188,879000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-56,800
0
0
-239,900
-240,000
-220,000
0
0
0
0
0
11,710
9,329
9,513
5,409
4,029
3,718
2,380
3,321
3,179
9,856
8,086
8,0869,8563,1793,3212,3803,7184,0295,4099,5139,32911,71000000-220,000-240,000-239,90000-56,800000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
179,939
177,670
72,368
63,098
5,442
5,702
5,624
6,298
6,367
5,504
5,504
11,874
11,476
10,045
11,432
11,590
12,490
10,747
9,995
9,99510,74712,49011,59011,43210,04511,47611,8745,5045,5046,3676,2985,6245,7025,44263,09872,368177,670179,939000000000000000000000000000000000000000
       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
22,593
25,489
21,913
21,636
20,142
18,111
14,315
12,917
10,228
8,297
6,322
5,774
6,615
7,452
2,225
3,646
4,819
6,002
0
0
7,777
0
07,777006,0024,8193,6462,2257,4526,6155,7746,3228,29710,22812,91714,31518,11120,14221,63621,91325,48922,593000000000000000000000000000000000000
> Total Stockholder Equity
64,464
79,118
100,514
352,010
359,850
361,800
369,122
372,835
376,700
377,939
379,359
380,369
380,724
379,999
377,856
377,505
384,024
383,967
396,510
400,172
414,046
420,420
401,226
420,253
416,419
432,304
429,633
447,533
468,689
486,789
3,231,392
3,291,568
3,308,150
3,384,951
3,504,227
3,537,267
3,278,961
3,382,164
2,336,970
2,341,073
2,269,873
2,267,152
2,290,112
2,022,692
1,928,363
1,967,348
1,299,463
1,283,313
1,284,891
1,272,231
1,184,031
1,193,911
1,223,458
1,237,727
1,225,898
1,227,460
1,248,390
1,233,235
1,233,2351,248,3901,227,4601,225,8981,237,7271,223,4581,193,9111,184,0311,272,2311,284,8911,283,3131,299,4631,967,3481,928,3632,022,6922,290,1122,267,1522,269,8732,341,0732,336,9703,382,1643,278,9613,537,2673,504,2273,384,9513,308,1503,291,5683,231,392486,789468,689447,533429,633432,304416,419420,253401,226420,420414,046400,172396,510383,967384,024377,505377,856379,999380,724380,369379,359377,939376,700372,835369,122361,800359,850352,010100,51479,11864,464
   Common Stock
42,288
45,000
45,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000
60,000
96,000
96,000
96,000
96,000
96,000
96,000
96,000
96,000
153,600
153,600
153,600
155,648
249,036
249,036
249,228
249,920
250,006
250,080
525,422
525,709
526,090
526,136
526,229
526,799
526,799
684,840
684,856
685,209
676,914
676,914
676,914
676,914
676,087
675,936
669,870
660,944
660,944
660,944
660,944
658,994
658,994
658,994
0
0
658,994
0
0658,99400658,994658,994658,994660,944660,944660,944660,944669,870675,936676,087676,914676,914676,914676,914685,209684,856684,840526,799526,799526,229526,136526,090525,709525,422250,080250,006249,920249,228249,036249,036155,648153,600153,600153,60096,00096,00096,00096,00096,00096,00096,00096,00060,00060,00060,00060,00060,00060,00060,00060,00060,00045,00045,00042,288
   Retained Earnings 
12,323
13,172
32,413
34,562
42,402
44,352
46,757
50,470
54,335
55,574
55,520
56,472
56,842
55,900
54,492
55,210
61,763
62,025
73,726
84,711
88,160
96,961
106,469
111,940
124,781
138,887
154,258
163,246
176,261
192,533
257,798
312,121
356,126
434,401
545,863
571,662
615,760
741,035
-277,644
-251,583
-268,808
-272,946
-218,344
-248,938
-341,273
-319,823
-976,564
-992,714
-991,137
-998,139
-1,320,718
-1,310,838
-1,281,290
-1,267,021
-1,299,952
-1,298,390
-1,285,337
-1,331,455
-1,331,455-1,285,337-1,298,390-1,299,952-1,267,021-1,281,290-1,310,838-1,320,718-998,139-991,137-992,714-976,564-319,823-341,273-248,938-218,344-272,946-268,808-251,583-277,644741,035615,760571,662545,863434,401356,126312,121257,798192,533176,261163,246154,258138,887124,781111,940106,46996,96188,16084,71173,72662,02561,76355,21054,49255,90056,84256,47255,52055,57454,33550,47046,75744,35242,40234,56232,41313,17212,323
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000-24,583000-5,648-5,648-5,670-5,670-10,361-10,361-10,409-10,40900000000000000000000000000
   Other Stockholders Equity 0-11,25400-10,000-10,000-10,000-10,000-10,000-10,000-10,000-10,00000000000-2,160-4,417000000000000000000000000000000000000



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, 2023-12-31)

Gross Profit (+$)
totalRevenue1,047,751
Cost of Revenue-736,713
Gross Profit311,037311,037
 
Operating Income (+$)
Gross Profit311,037
Operating Expense-1,044,377
Operating Income3,374-733,340
 
Operating Expense (+$)
Research Development25,899
Selling General Administrative193,231
Selling And Marketing Expenses-
Operating Expense1,044,377219,130
 
Net Interest Income (+$)
Interest Income890
Interest Expense-22,674
Other Finance Cost-402
Net Interest Income-21,383
 
Pretax Income (+$)
Operating Income3,374
Net Interest Income-21,383
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-22,7093,374
EBIT - interestExpense = -22,674
-33,437
-10,762
Interest Expense22,674
Earnings Before Interest and Taxes (EBIT)--35
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-22,709
Tax Provision-12,472
Net Income From Continuing Ops-35,182-35,182
Net Income-33,437
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-21,383
 

Technical Analysis of QITIAN Technology Group Co Ltd
The psychology behind the price

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

General trend

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of QITIAN Technology Group Co Ltd.

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

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

The bullish price targets are: 4.88 < 5.54 < 6.18.

The bearish price targets are: 4.23 > 3.15.

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QITIAN Technology Group Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of QITIAN Technology Group Co 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

QITIAN Technology Group Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of QITIAN Technology Group Co Ltd. The current macd is 0.00774595.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 QITIAN Technology Group Co Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for QITIAN Technology Group Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the QITIAN Technology Group Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
QITIAN Technology Group Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartQITIAN Technology Group Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of QITIAN Technology Group Co Ltd. The current adx is 10.68.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-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 QITIAN Technology Group Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
QITIAN Technology Group Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of QITIAN Technology Group Co Ltd. The current sar is 4.848912.

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
QITIAN Technology Group Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of QITIAN Technology Group Co Ltd. The current rsi is 47.70. 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
QITIAN Technology Group Co Ltd Daily Relative Strength Index (RSI) ChartQITIAN Technology Group Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of QITIAN Technology Group Co Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
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 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 QITIAN Technology Group Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
QITIAN Technology Group Co Ltd Daily Stochastic Oscillator ChartQITIAN Technology Group Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of QITIAN Technology Group Co Ltd. The current cci is -48.95228033.

QITIAN Technology Group Co Ltd Daily Commodity Channel Index (CCI) ChartQITIAN Technology Group Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of QITIAN Technology Group Co Ltd. The current cmo is -6.87947529.

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
QITIAN Technology Group Co Ltd Daily Chande Momentum Oscillator (CMO) ChartQITIAN Technology Group Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of QITIAN Technology Group Co Ltd. The current willr is -67.21311475.

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 QITIAN Technology Group Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
QITIAN Technology Group Co Ltd Daily Williams %R ChartQITIAN Technology Group Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of QITIAN Technology Group Co Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of QITIAN Technology Group Co Ltd. The current atr is 0.22312356.

QITIAN Technology Group Co Ltd Daily Average True Range (ATR) ChartQITIAN Technology Group Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of QITIAN Technology Group Co Ltd. The current obv is 713,435,533.

QITIAN Technology Group Co Ltd Daily On-Balance Volume (OBV) ChartQITIAN Technology Group Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of QITIAN Technology Group Co Ltd. The current mfi is 62.96.

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
QITIAN Technology Group Co Ltd Daily Money Flow Index (MFI) ChartQITIAN Technology Group Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for QITIAN Technology Group Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08STOCH 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).
2023-12-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-14DMI 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.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D 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
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-26SAR 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29STOCH 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).
2024-01-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
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).
2024-01-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-14DMI 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.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

QITIAN Technology Group Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of QITIAN Technology Group Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.697
Ma 20Greater thanMa 504.516
Ma 50Greater thanMa 1004.563
Ma 100Greater thanMa 2005.392
OpenGreater thanClose4.280
Total0/5 (0.0%)
Penke

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