25 XP   0   0   10

Shanghai Taisheng Wind Power
Buy, Hold or Sell?

Let's analyse Shanghai Taisheng Wind Power together

PenkeI guess you are interested in Shanghai Taisheng Wind Power. 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 Shanghai Taisheng Wind Power. 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.

Get notifications about Shanghai Taisheng Wind Power

I send you an email if I find something interesting about Shanghai Taisheng Wind Power.

Quick analysis of Shanghai Taisheng Wind Power (30 sec.)










What can you expect buying and holding a share of Shanghai Taisheng Wind Power? (30 sec.)

How much money do you get?

How much money do you get?
¥0.01
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥4.56
Expected worth in 1 year
¥4.89
How sure are you?
95.0%

+ What do you gain per year?

Total Gains per Share
¥0.39
Return On Investment
4.9%

For what price can you sell your share?

Current Price per Share
¥7.91
Expected price per share
¥6.93 - ¥8.97
How sure are you?
50%

1. Valuation of Shanghai Taisheng Wind Power (5 min.)




Live pricePrice per Share (EOD)

¥7.91

Intrinsic Value Per Share

¥16.52 - ¥20.02

Total Value Per Share

¥21.07 - ¥24.58

2. Growth of Shanghai Taisheng Wind Power (5 min.)




Is Shanghai Taisheng Wind Power growing?

Current yearPrevious yearGrowGrow %
How rich?$589.8m$467.4m$108.5m18.9%

How much money is Shanghai Taisheng Wind Power making?

Current yearPrevious yearGrowGrow %
Making money$11.9m$7.6m$4.3m36.2%
Net Profit Margin8.6%7.0%--

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

3. Financial Health of Shanghai Taisheng Wind Power (5 min.)




4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#188 / 738

Most Revenue
#265 / 738

Most Profit
#228 / 738

Most Efficient
#245 / 738

What can you expect buying and holding a share of Shanghai Taisheng Wind Power? (5 min.)

Welcome investor! Shanghai Taisheng Wind Power's management wants to use your money to grow the business. In return you get a share of Shanghai Taisheng Wind Power.

What can you expect buying and holding a share of Shanghai Taisheng Wind Power?

First you should know what it really means to hold a share of Shanghai Taisheng Wind Power. And how you can make/lose money.

Speculation

The Price per Share of Shanghai Taisheng Wind Power is ¥7.91. 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 Shanghai Taisheng Wind Power.
  • 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 Shanghai Taisheng Wind Power, 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 ¥4.56. Based on the TTM, the Book Value Change Per Share is ¥0.08 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.32 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 Shanghai Taisheng Wind Power.

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 Eps0.020.2%0.010.1%0.010.1%0.010.1%0.010.1%
Usd Book Value Change Per Share0.010.2%0.010.1%0.040.6%0.020.2%0.010.1%
Usd Dividend Per Share0.010.1%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.020.2%0.010.2%0.050.6%0.020.2%0.010.2%
Usd Price Per Share1.30-1.23-1.12-0.94-1.07-
Price to Earnings Ratio18.66-48.25-36.88-33.60-272.80-
Price-to-Total Gains Ratio67.09-124.94-115.46-105.84--69.72-
Price to Book Ratio2.06-1.99-2.31-2.15-3.23-
Price-to-Total Gains Ratio67.09-124.94-115.46-105.84--69.72-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.094744
Number of shares913
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.02
Usd Total Gains Per Share0.010.02
Gains per Quarter (913 shares)12.2815.98
Gains per Year (913 shares)49.1263.91
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
17423995554
214848818110118
32212613726165182
42916818635220246
53621023544275310
64325228453331374
75029433362386438
85733638270441502
96537843179496566
107242048088551630

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%38.02.00.095.0%51.02.00.096.2%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%18.02.00.090.0%35.05.00.087.5%46.07.00.086.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%51.00.02.096.2%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%38.02.00.095.0%51.02.00.096.2%

Fundamentals of Shanghai Taisheng Wind Power

About Shanghai Taisheng Wind Power

Shanghai Taisheng Wind Power Equipment Co., Ltd. designs, manufactures, and sells wind towers in China. Its wind towers support various kinds of turbines from 100KW to 3MW. The company was formerly known as Ruian Pressure Vessel Factory and changed its name to Shanghai Taisheng Wind Power Equipment Co., Ltd. in 2009. Shanghai Taisheng Wind Power Equipment Co., Ltd. was founded in 1995 and is headquartered in Shanghai, China.

Fundamental data was last updated by Penke on 2024-03-25 22:11:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating 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 underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Shanghai Taisheng Wind Power.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Shanghai Taisheng Wind Power earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Shanghai Taisheng Wind Power to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 9.0% means that ¥0.09 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Shanghai Taisheng Wind Power:

  • The MRQ is 9.0%. The company is making a profit. +1
  • The TTM is 8.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.0%TTM8.6%+0.4%
TTM8.6%YOY7.0%+1.6%
TTM8.6%5Y7.9%+0.6%
5Y7.9%10Y8.7%-0.8%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ9.0%5.5%+3.5%
TTM8.6%5.2%+3.4%
YOY7.0%5.1%+1.9%
5Y7.9%4.5%+3.4%
10Y8.7%4.7%+4.0%
1.1.2. Return on Assets

Shows how efficient Shanghai Taisheng Wind Power is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Shanghai Taisheng Wind Power to the Specialty Industrial Machinery industry mean.
  • 1.4% Return on Assets means that Shanghai Taisheng Wind Power generated ¥0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shanghai Taisheng Wind Power:

  • The MRQ is 1.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.4%TTM1.2%+0.3%
TTM1.2%YOY0.9%+0.3%
TTM1.2%5Y1.2%0.0%
5Y1.2%10Y1.2%+0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%1.1%+0.3%
TTM1.2%1.0%+0.2%
YOY0.9%1.1%-0.2%
5Y1.2%1.0%+0.2%
10Y1.2%1.1%+0.1%
1.1.3. Return on Equity

Shows how efficient Shanghai Taisheng Wind Power is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Shanghai Taisheng Wind Power to the Specialty Industrial Machinery industry mean.
  • 2.8% Return on Equity means Shanghai Taisheng Wind Power generated ¥0.03 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shanghai Taisheng Wind Power:

  • The MRQ is 2.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.8%TTM2.1%+0.7%
TTM2.1%YOY1.7%+0.4%
TTM2.1%5Y2.2%-0.1%
5Y2.2%10Y2.0%+0.2%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8%2.3%+0.5%
TTM2.1%2.1%0.0%
YOY1.7%2.2%-0.5%
5Y2.2%2.0%+0.2%
10Y2.0%2.2%-0.2%

1.2. Operating Efficiency of Shanghai Taisheng Wind Power.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shanghai Taisheng Wind Power is operating .

  • Measures how much profit Shanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power to the Specialty Industrial Machinery 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 Shanghai Taisheng Wind Power:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.9%-0.9%
TTM0.9%YOY7.3%-6.5%
TTM0.9%5Y7.2%-6.3%
5Y7.2%10Y3.4%+3.8%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.9%-7.9%
TTM0.9%4.7%-3.8%
YOY7.3%6.2%+1.1%
5Y7.2%6.2%+1.0%
10Y3.4%5.0%-1.6%
1.2.2. Operating Ratio

Measures how efficient Shanghai Taisheng Wind Power is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 1.68 means that the operating costs are ¥1.68 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Shanghai Taisheng Wind Power:

  • The MRQ is 1.676. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.700. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.676TTM1.700-0.024
TTM1.700YOY1.750-0.050
TTM1.7005Y1.714-0.013
5Y1.71410Y1.262+0.452
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6761.536+0.140
TTM1.7001.554+0.146
YOY1.7501.550+0.200
5Y1.7141.525+0.189
10Y1.2621.248+0.014

1.3. Liquidity of Shanghai Taisheng Wind Power.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Shanghai Taisheng Wind Power is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 1.77 means the company has ¥1.77 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Shanghai Taisheng Wind Power:

  • The MRQ is 1.771. The company is able to pay all its short-term debts. +1
  • The TTM is 1.993. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.771TTM1.993-0.222
TTM1.993YOY1.904+0.089
TTM1.9935Y1.815+0.178
5Y1.81510Y1.007+0.808
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7711.679+0.092
TTM1.9931.688+0.305
YOY1.9041.649+0.255
5Y1.8151.740+0.075
10Y1.0071.534-0.527
1.3.2. Quick Ratio

Measures if Shanghai Taisheng Wind Power is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Shanghai Taisheng Wind Power to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 0.69 means the company can pay off ¥0.69 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shanghai Taisheng Wind Power:

  • The MRQ is 0.692. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.823. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.692TTM0.823-0.130
TTM0.823YOY0.8230.000
TTM0.8235Y0.770+0.053
5Y0.77010Y0.782-0.013
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6920.724-0.032
TTM0.8230.749+0.074
YOY0.8230.814+0.009
5Y0.7700.858-0.088
10Y0.7820.860-0.078

1.4. Solvency of Shanghai Taisheng Wind Power.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Shanghai Taisheng Wind Power assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Shanghai Taisheng Wind Power to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.49 means that Shanghai Taisheng Wind Power assets are financed with 48.8% credit (debt) and the remaining percentage (100% - 48.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shanghai Taisheng Wind Power:

  • The MRQ is 0.488. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.440. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.488TTM0.440+0.048
TTM0.440YOY0.461-0.020
TTM0.4405Y0.445-0.004
5Y0.44510Y0.386+0.058
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4880.499-0.011
TTM0.4400.503-0.063
YOY0.4610.504-0.043
5Y0.4450.497-0.052
10Y0.3860.491-0.105
1.4.2. Debt to Equity Ratio

Measures if Shanghai Taisheng Wind Power is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Shanghai Taisheng Wind Power to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 96.0% means that company has ¥0.96 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shanghai Taisheng Wind Power:

  • The MRQ is 0.960. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.798. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.960TTM0.798+0.162
TTM0.798YOY0.877-0.079
TTM0.7985Y0.817-0.019
5Y0.81710Y0.670+0.147
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9600.997-0.037
TTM0.7981.016-0.218
YOY0.8771.016-0.139
5Y0.8171.052-0.235
10Y0.6701.033-0.363

2. Market Valuation of Shanghai Taisheng Wind Power

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 Shanghai Taisheng Wind Power generates.

  • Above 15 is considered overpriced but always compare Shanghai Taisheng Wind Power to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 18.66 means the investor is paying ¥18.66 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shanghai Taisheng Wind Power:

  • The EOD is 15.699. Based on the earnings, the company is fair priced.
  • The MRQ is 18.656. Based on the earnings, the company is fair priced.
  • The TTM is 48.249. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD15.699MRQ18.656-2.957
MRQ18.656TTM48.249-29.593
TTM48.249YOY36.881+11.368
TTM48.2495Y33.601+14.648
5Y33.60110Y272.799-239.198
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD15.69919.375-3.676
MRQ18.65618.592+0.064
TTM48.24919.380+28.869
YOY36.88118.029+18.852
5Y33.60121.975+11.626
10Y272.79928.443+244.356
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Shanghai Taisheng Wind Power:

  • The EOD is 4.940. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.871. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 9.156. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.940MRQ5.871-0.931
MRQ5.871TTM9.156-3.285
TTM9.156YOY-3.700+12.856
TTM9.1565Y56.540-47.384
5Y56.54010Y13.829+42.711
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD4.9405.634-0.694
MRQ5.8715.073+0.798
TTM9.1562.621+6.535
YOY-3.700-0.130-3.570
5Y56.5400.550+55.990
10Y13.8291.971+11.858
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Shanghai Taisheng Wind Power is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 2.06 means the investor is paying ¥2.06 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Shanghai Taisheng Wind Power:

  • The EOD is 1.735. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.062. Based on the equity, the company is underpriced. +1
  • The TTM is 1.986. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.735MRQ2.062-0.327
MRQ2.062TTM1.986+0.075
TTM1.986YOY2.312-0.326
TTM1.9865Y2.149-0.162
5Y2.14910Y3.232-1.084
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD1.7352.090-0.355
MRQ2.0622.124-0.062
TTM1.9862.181-0.195
YOY2.3122.351-0.039
5Y2.1492.377-0.228
10Y3.2322.932+0.300
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Shanghai Taisheng Wind Power 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--0.0880.083+7%0.323-73%0.109-19%0.071+25%
Book Value Per Share--4.5594.452+2%3.613+26%3.160+44%2.635+73%
Current Ratio--1.7711.993-11%1.904-7%1.815-2%1.007+76%
Debt To Asset Ratio--0.4880.440+11%0.461+6%0.445+10%0.386+26%
Debt To Equity Ratio--0.9600.798+20%0.877+9%0.817+18%0.670+43%
Dividend Per Share--0.0520.014+264%0.018+194%0.017+196%0.022+137%
Eps--0.1260.075+67%0.059+114%0.064+97%0.050+152%
Free Cash Flow Per Share--0.4000.036+1027%-0.211+153%-0.022+105%-0.004+101%
Free Cash Flow To Equity Per Share--0.4000.000+100%0.118+238%0.026+1430%0.029+1275%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--20.019--------
Intrinsic Value_10Y_min--16.516--------
Intrinsic Value_1Y_max--0.059--------
Intrinsic Value_1Y_min--0.057--------
Intrinsic Value_3Y_max--1.661--------
Intrinsic Value_3Y_min--1.555--------
Intrinsic Value_5Y_max--5.052--------
Intrinsic Value_5Y_min--4.561--------
Market Cap7395051153.280-19%8788052780.8008278532699.360+6%7558659368.960+16%6342355444.832+39%7234015086.432+21%
Net Profit Margin--0.0900.086+5%0.070+29%0.079+13%0.087+3%
Operating Margin---0.009-100%0.073-100%0.072-100%0.034-100%
Operating Ratio--1.6761.700-1%1.750-4%1.714-2%1.262+33%
Pb Ratio1.735-19%2.0621.986+4%2.312-11%2.149-4%3.232-36%
Pe Ratio15.699-19%18.65648.249-61%36.881-49%33.601-44%272.799-93%
Price Per Share7.910-19%9.4008.855+6%8.085+16%6.784+39%7.738+21%
Price To Free Cash Flow Ratio4.940-19%5.8719.156-36%-3.700+163%56.540-90%13.829-58%
Price To Total Gains Ratio56.458-19%67.093124.935-46%115.465-42%105.840-37%-69.724+204%
Quick Ratio--0.6920.823-16%0.823-16%0.770-10%0.782-12%
Return On Assets--0.0140.012+22%0.009+59%0.012+22%0.012+23%
Return On Equity--0.0280.021+34%0.017+64%0.022+29%0.020+41%
Total Gains Per Share--0.1400.097+44%0.340-59%0.126+11%0.092+52%
Usd Book Value--589889294.600576041848.873+2%467447450.173+26%408871289.253+44%340983311.475+73%
Usd Book Value Change Per Share--0.0120.011+7%0.045-73%0.015-19%0.010+25%
Usd Book Value Per Share--0.6310.616+2%0.500+26%0.437+44%0.365+73%
Usd Dividend Per Share--0.0070.002+264%0.002+194%0.002+196%0.003+137%
Usd Eps--0.0170.010+67%0.008+114%0.009+97%0.007+152%
Usd Free Cash Flow--51792787.0604596716.564+1027%-27245160.903+153%-2837563.251+105%-458112.418+101%
Usd Free Cash Flow Per Share--0.0550.005+1027%-0.029+153%-0.003+105%-0.001+101%
Usd Free Cash Flow To Equity Per Share--0.0550.000+100%0.016+238%0.004+1430%0.004+1275%
Usd Market Cap1023475079.614-19%1216266504.8631145748925.591+6%1046118456.664+16%877781993.565+39%1001187687.962+21%
Usd Price Per Share1.095-19%1.3011.226+6%1.119+16%0.939+39%1.071+21%
Usd Profit--16298408.07811920068.661+37%7602288.611+114%8726130.363+87%6690912.658+144%
Usd Revenue--181051243.839137772754.622+31%125637987.791+44%113669584.319+59%82024619.209+121%
Usd Total Gains Per Share--0.0190.013+44%0.047-59%0.017+11%0.013+52%
 EOD+4 -4MRQTTM+27 -8YOY+23 -125Y+26 -910Y+29 -6

3.2. Fundamental Score

Let's check the fundamental score of Shanghai Taisheng Wind Power based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1515.699
Price to Book Ratio (EOD)Between0-11.735
Net Profit Margin (MRQ)Greater than00.090
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.692
Current Ratio (MRQ)Greater than11.771
Debt to Asset Ratio (MRQ)Less than10.488
Debt to Equity Ratio (MRQ)Less than10.960
Return on Equity (MRQ)Greater than0.150.028
Return on Assets (MRQ)Greater than0.050.014
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Shanghai Taisheng Wind Power based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.361
Ma 20Greater thanMa 508.276
Ma 50Greater thanMa 1008.322
Ma 100Greater thanMa 2009.041
OpenGreater thanClose7.810
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
Interest Income  6,46520,22926,694-21,5575,1375,46810,606-23,599-12,994



Latest Balance Sheet

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

Summary
Total Assets8,325,401
Total Liabilities4,063,195
Total Stockholder Equity4,233,096
 As reported
Total Liabilities 4,063,195
Total Stockholder Equity+ 4,233,096
Total Assets = 8,325,401

Assets

Total Assets8,325,401
Total Current Assets6,502,970
Long-term Assets1,822,432
Total Current Assets
Cash And Cash Equivalents 920,281
Short-term Investments 532,310
Net Receivables 2,009,429
Inventory 2,262,973
Other Current Assets 267,777
Total Current Assets  (as reported)6,502,970
Total Current Assets  (calculated)5,992,770
+/- 510,200
Long-term Assets
Property Plant Equipment 1,266,390
Goodwill 15,674
Intangible Assets 245,804
Long-term Assets Other 115,517
Long-term Assets  (as reported)1,822,432
Long-term Assets  (calculated)1,643,385
+/- 179,046

Liabilities & Shareholders' Equity

Total Current Liabilities3,671,523
Long-term Liabilities391,672
Total Stockholder Equity4,233,096
Total Current Liabilities
Short Long Term Debt 191,183
Accounts payable 2,917,665
Other Current Liabilities 22,211
Total Current Liabilities  (as reported)3,671,523
Total Current Liabilities  (calculated)3,131,059
+/- 540,464
Long-term Liabilities
Long term Debt 115,402
Capital Lease Obligations Min Short Term Debt162,876
Long-term Liabilities  (as reported)391,672
Long-term Liabilities  (calculated)278,278
+/- 113,394
Total Stockholder Equity
Retained Earnings 1,647,484
Total Stockholder Equity (as reported)4,233,096
Total Stockholder Equity (calculated)1,647,484
+/- 2,585,612
Other
Capital Stock934,899
Common Stock Shares Outstanding 934,899
Net Invested Capital 4,539,681
Net Working Capital 2,831,446
Property Plant and Equipment Gross 1,266,390



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302009-12-312008-12-312007-12-31
> Total Assets 
222,738
556,424
610,104
775,455
769,908
1,464,067
1,493,842
1,525,775
1,623,209
1,601,442
1,561,113
1,709,312
1,824,541
1,946,595
2,064,533
1,997,343
2,338,479
2,378,307
2,282,070
2,527,147
2,697,543
2,771,057
2,711,258
2,847,399
3,025,331
3,110,091
2,912,913
2,961,087
2,947,275
3,054,500
2,928,657
3,111,753
3,233,145
3,217,674
3,187,659
3,303,495
3,523,398
3,017,952
3,398,055
3,509,779
3,767,712
4,275,180
4,441,785
4,839,572
5,168,851
4,853,279
4,718,649
5,041,596
5,496,166
5,806,168
5,678,075
6,599,796
6,801,097
7,171,545
6,814,430
7,575,530
8,325,401
8,325,4017,575,5306,814,4307,171,5456,801,0976,599,7965,678,0755,806,1685,496,1665,041,5964,718,6494,853,2795,168,8514,839,5724,441,7854,275,1803,767,7123,509,7793,398,0553,017,9523,523,3983,303,4953,187,6593,217,6743,233,1453,111,7532,928,6573,054,5002,947,2752,961,0872,912,9133,110,0913,025,3312,847,3992,711,2582,771,0572,697,5432,527,1472,282,0702,378,3072,338,4791,997,3432,064,5331,946,5951,824,5411,709,3121,561,1131,601,4421,623,2091,525,7751,493,8421,464,067769,908775,455610,104556,424222,738
   > 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
2,202,229
2,409,197
1,841,896
2,265,074
2,386,854
2,649,840
3,169,454
3,352,985
3,765,812
4,104,463
3,784,819
3,667,461
3,971,533
4,427,375
4,566,094
4,417,023
5,313,629
5,487,996
5,756,216
5,302,969
5,800,163
6,502,970
6,502,9705,800,1635,302,9695,756,2165,487,9965,313,6294,417,0234,566,0944,427,3753,971,5333,667,4613,784,8194,104,4633,765,8123,352,9853,169,4542,649,8402,386,8542,265,0741,841,8962,409,1972,202,22900000000000000000000000000000000000
       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
406,271
419,146
364,663
340,859
390,313
561,319
592,304
632,105
527,339
632,031
639,834
540,727
676,526
772,563
673,850
463,786
1,815,018
1,223,403
1,273,022
711,356
738,816
920,281
920,281738,816711,3561,273,0221,223,4031,815,018463,786673,850772,563676,526540,727639,834632,031527,339632,105592,304561,319390,313340,859364,663419,146406,27100000000000000000000000000000000000
       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
227,390
0
0
242,322
244,530
166,594
400,644
392,217
485,760
419,060
266,068
268,496
236,448
128,101
146,043
140,680
16,642
121,570
154,572
103,937
263,591
532,310
532,310263,591103,937154,572121,57016,642140,680146,043128,101236,448268,496266,068419,060485,760392,217400,644166,594244,530242,32200227,39000000000000000000000000000000000000
       Net Receivables 
23,709
70,568
89,825
95,635
105,718
115,513
128,710
182,337
263,536
226,353
272,277
312,088
332,058
323,001
330,525
315,128
368,194
460,515
477,560
465,765
547,861
516,375
430,472
576,658
835,531
882,233
789,565
785,225
648,395
923,461
835,611
935,653
1,050,493
959,367
838,850
702,695
666,430
736,055
683,280
738,199
782,969
1,089,973
854,185
1,098,855
1,407,732
1,768,347
1,370,013
1,423,378
1,755,432
2,094,128
2,077,708
1,795,024
2,226,558
2,291,354
1,998,056
2,285,072
2,009,429
2,009,4292,285,0721,998,0562,291,3542,226,5581,795,0242,077,7082,094,1281,755,4321,423,3781,370,0131,768,3471,407,7321,098,855854,1851,089,973782,969738,199683,280736,055666,430702,695838,850959,3671,050,493935,653835,611923,461648,395785,225789,565882,233835,531576,658430,472516,375547,861465,765477,560460,515368,194315,128330,525323,001332,058312,088272,277226,353263,536182,337128,710115,513105,71895,63589,82570,56823,709
       Other Current Assets 
39,818
57,581
53,546
124,962
99,196
37,554
88,200
110,815
108,095
76,424
116,990
120,017
119,376
68,720
95,690
159,541
59,128
178,054
87,862
81,434
72,699
58,619
126,677
113,964
259,297
80,989
319,690
109,607
401,679
53,073
313,575
98,909
238,639
46,128
278,895
89,766
354,225
271,481
35,095
39,730
40,863
148,850
291,166
288,970
241,451
98,587
183,944
130,445
118,202
142,385
134,480
99,142
142,356
79,083
316,601
239,448
267,777
267,777239,448316,60179,083142,35699,142134,480142,385118,202130,445183,94498,587241,451288,970291,166148,85040,86339,73035,095271,481354,22589,766278,89546,128238,63998,909313,57553,073401,679109,607319,69080,989259,297113,964126,67758,61972,69981,43487,862178,05459,128159,54195,69068,720119,376120,017116,99076,424108,095110,81588,20037,55499,196124,96253,54657,58139,818
   > 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
1,132,981
1,122,925
1,117,872
1,105,726
1,088,800
1,073,761
1,064,388
1,068,461
1,051,188
1,070,062
1,068,791
1,240,075
1,261,052
1,286,167
1,313,101
1,415,329
1,511,461
1,775,368
1,822,432
1,822,4321,775,3681,511,4611,415,3291,313,1011,286,1671,261,0521,240,0751,068,7911,070,0621,051,1881,068,4611,064,3881,073,7611,088,8001,105,7261,117,8721,122,9251,132,98100000000000000000000000000000000000000
       Property Plant Equipment 
35,172
115,527
144,124
239,423
172,202
243,363
191,756
260,571
192,645
265,800
201,487
357,443
293,781
457,870
382,008
479,677
662,260
841,761
666,467
671,803
667,691
651,730
646,339
656,840
663,758
677,504
681,691
682,764
677,729
707,041
703,501
710,402
711,749
717,487
707,291
686,982
696,997
59,553
728,906
718,379
731,283
720,199
703,847
692,840
682,518
689,285
682,036
697,371
694,073
883,356
908,325
915,124
941,624
1,018,692
1,064,601
1,274,134
1,266,390
1,266,3901,274,1341,064,6011,018,692941,624915,124908,325883,356694,073697,371682,036689,285682,518692,840703,847720,199731,283718,379728,90659,553696,997686,982707,291717,487711,749710,402703,501707,041677,729682,764681,691677,504663,758656,840646,339651,730667,691671,803666,467841,761662,260479,677382,008457,870293,781357,443201,487265,800192,645260,571191,756243,363172,202239,423144,124115,52735,172
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
34,550
34,550
34,550
34,550
34,550
34,550
34,550
32,750
32,750
32,750
32,750
29,322
29,322
29,322
29,322
23,292
23,292
23,292
23,292
0
15,333
15,333
15,333
15,333
15,333
15,333
15,333
15,333
15,333
15,333
15,333
15,333
15,333
15,333
15,333
15,333
15,333
15,333
15,674
15,67415,33315,33315,33315,33315,33315,33315,33315,33315,33315,33315,33315,33315,33315,33315,33315,33315,33315,333023,29223,29223,29223,29229,32229,32229,32229,32232,75032,75032,75032,75034,55034,55034,55034,55034,55034,55034,550000000000000000000
       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
50,000
50,000
1,032,336
50,000
50,000
50,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000050,00050,00050,0001,032,33650,00050,00000000000000000000000000000000000000
       Intangible Assets 
16,691
16,330
41,151
68,869
68,509
68,940
68,577
68,213
67,849
53
67,172
47
91,415
169
93,999
211
268,144
75,055
287,701
286,147
284,517
260,307
258,791
257,606
248,009
287,719
287,494
290,575
289,153
290,520
289,108
291,543
290,109
282,488
280,824
236,166
234,954
26,534
232,229
66,540
229,711
228,527
226,903
225,736
224,342
223,140
221,824
220,489
218,999
217,715
216,344
214,750
213,340
208,518
248,788
247,174
245,804
245,804247,174248,788208,518213,340214,750216,344217,715218,999220,489221,824223,140224,342225,736226,903228,527229,71166,540232,22926,534234,954236,166280,824282,488290,109291,543289,108290,520289,153290,575287,494287,719248,009257,606258,791260,307284,517286,147287,70175,055268,14421193,99916991,4154767,1725367,84968,21368,57768,94068,50968,86941,15116,33016,691
       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
1,132,981
1,122,925
1,117,872
1,105,726
1,088,800
0
682,518
0
0
0
0
0
0
21,995
12,010
29,905
38,384
61,700
115,517
115,51761,70038,38429,90512,01021,995000000682,51801,088,8001,105,7261,117,8721,122,9251,132,98100000000000000000000000000000000000000
> Total Liabilities 
149,815
334,854
308,961
411,324
384,375
157,748
170,932
219,232
295,163
256,049
205,672
329,851
402,088
533,136
634,271
552,143
717,902
740,593
634,427
860,480
1,008,983
1,057,964
999,619
1,108,175
1,236,079
1,146,906
910,160
921,119
855,869
904,212
737,619
899,499
974,255
960,232
919,810
1,091,739
1,299,374
1,139,683
1,159,842
1,295,064
1,470,039
1,952,156
2,104,054
2,463,450
2,678,133
2,239,360
2,026,856
2,322,642
2,750,500
3,028,267
2,838,861
2,658,695
2,849,271
3,113,271
2,665,824
3,396,007
4,063,195
4,063,1953,396,0072,665,8243,113,2712,849,2712,658,6952,838,8613,028,2672,750,5002,322,6422,026,8562,239,3602,678,1332,463,4502,104,0541,952,1561,470,0391,295,0641,159,8421,139,6831,299,3741,091,739919,810960,232974,255899,499737,619904,212855,869921,119910,1601,146,9061,236,0791,108,175999,6191,057,9641,008,983860,480634,427740,593717,902552,143634,271533,136402,088329,851205,672256,049295,163219,232170,932157,748384,375411,324308,961334,854149,815
   > Total Current Liabilities 
147,215
334,844
308,941
411,304
384,355
157,708
170,892
219,192
295,123
256,029
205,652
323,131
402,068
519,906
621,041
539,244
698,003
700,368
594,648
820,814
969,645
1,024,750
966,749
1,075,650
1,203,899
1,119,809
883,368
894,633
829,688
877,545
711,260
873,488
948,632
933,038
886,272
1,058,549
1,263,396
1,139,683
1,123,564
1,259,419
1,435,044
1,917,695
2,070,243
2,427,092
2,639,227
2,201,453
1,988,111
2,269,953
2,702,547
2,855,082
2,600,436
2,408,482
2,600,631
2,807,466
2,368,188
3,034,876
3,671,523
3,671,5233,034,8762,368,1882,807,4662,600,6312,408,4822,600,4362,855,0822,702,5472,269,9531,988,1112,201,4532,639,2272,427,0922,070,2431,917,6951,435,0441,259,4191,123,5641,139,6831,263,3961,058,549886,272933,038948,632873,488711,260877,545829,688894,633883,3681,119,8091,203,8991,075,650966,7491,024,750969,645820,814594,648700,368698,003539,244621,041519,906402,068323,131205,652256,029295,123219,192170,892157,708384,355411,304308,941334,844147,215
       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
3,000
3,000
3,000
500
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000005003,0003,0003,00000000000000000000000000000000000000000
       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
3,000
3,000
3,000
500
500
500
500
0
0
0
17,000
35,010
155,699
232,867
213,160
126,052
223,052
110,685
191,183
191,183110,685223,052126,052213,160232,867155,69935,01017,0000005005005005003,0003,0003,00000000000000000000000000000000000000000
       Accounts payable 
33,881
118,742
103,300
181,352
114,737
46,615
85,278
120,922
143,576
128,374
113,813
181,905
196,001
265,967
360,240
329,870
441,502
358,634
251,607
489,178
625,198
570,653
538,832
689,356
777,103
626,675
436,934
477,236
498,187
521,488
457,173
589,469
701,227
618,634
592,056
668,303
885,491
958,723
822,246
927,743
1,031,108
1,166,872
1,163,507
1,505,790
1,702,305
1,386,044
1,188,508
1,718,951
2,114,239
2,410,276
2,052,134
1,787,051
1,854,450
2,169,653
1,583,128
2,271,235
2,917,665
2,917,6652,271,2351,583,1282,169,6531,854,4501,787,0512,052,1342,410,2762,114,2391,718,9511,188,5081,386,0441,702,3051,505,7901,163,5071,166,8721,031,108927,743822,246958,723885,491668,303592,056618,634701,227589,469457,173521,488498,187477,236436,934626,675777,103689,356538,832570,653625,198489,178251,607358,634441,502329,870360,240265,967196,001181,905113,813128,374143,576120,92285,27846,615114,737181,352103,300118,74233,881
       Other Current Liabilities 
84,834
141,902
160,641
174,952
224,618
111,093
85,614
85,714
127,661
117,655
81,839
131,226
176,067
253,939
260,801
197,771
234,575
318,063
270,272
273,772
330,018
448,155
418,417
376,794
417,296
488,133
441,434
412,396
331,501
351,057
249,087
269,018
217,404
249,404
249,215
303,160
364,288
167,128
292,079
318,273
391,894
696,327
901,954
912,460
927,939
737,627
793,587
530,983
553,217
374,251
380,335
363,855
518,311
416,382
55,182
606,512
22,211
22,211606,51255,182416,382518,311363,855380,335374,251553,217530,983793,587737,627927,939912,460901,954696,327391,894318,273292,079167,128364,288303,160249,215249,404217,404269,018249,087351,057331,501412,396441,434488,133417,296376,794418,417448,155330,018273,772270,272318,063234,575197,771260,801253,939176,067131,22681,839117,655127,66185,71485,614111,093224,618174,952160,641141,90284,834
   > 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
36,278
35,645
34,995
34,461
33,810
36,358
38,907
37,907
38,745
52,689
47,954
173,185
238,426
250,213
248,640
305,805
297,636
361,132
391,672
391,672361,132297,636305,805248,640250,213238,426173,18547,95452,68938,74537,90738,90736,35833,81034,46134,99535,64536,27800000000000000000000000000000000000000
       Other Liabilities 
0
10
20
20
20
40
40
40
40
20
20
6,720
20
13,230
13,230
12,899
19,899
27,209
21,065
20,753
21,258
20,973
20,705
20,437
20,169
19,901
19,633
19,365
19,097
19,629
19,361
19,053
18,705
20,019
26,710
33,191
35,977
0
36,278
35,645
34,995
34,461
33,810
36,358
38,907
37,907
38,745
44,805
42,706
54,628
96,415
55,210
55,036
60,692
59,161
58,427
0
058,42759,16160,69255,03655,21096,41554,62842,70644,80538,74537,90738,90736,35833,81034,46134,99535,64536,278035,97733,19126,71020,01918,70519,05319,36119,62919,09719,36519,63319,90120,16920,43720,70520,97321,25820,75321,06527,20919,89912,89913,23013,230206,720202040404040202020100
       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
2,434
2,115
1,891
1,664
1,734
1,519
1,187
913
1,374
1,437
1,213
1,002
992
857
722
0
5,748
0
05,74807228579921,0021,2131,4371,3749131,1871,5191,7341,6641,8912,1152,434000000000000000000000000000000000000000
> Total Stockholder Equity
72,923
221,570
301,143
364,131
385,532
1,306,319
1,322,910
1,306,543
1,324,771
1,335,552
1,345,684
1,360,916
1,379,134
1,383,086
1,391,887
1,410,569
1,474,605
1,444,514
1,458,281
1,474,812
1,496,318
1,514,648
1,524,250
1,548,775
1,590,916
1,962,729
2,002,307
2,039,532
2,090,978
2,149,870
2,190,630
2,211,842
2,258,487
2,257,043
2,267,455
2,208,972
2,221,705
2,221,705
2,236,782
2,214,452
2,296,957
2,315,464
2,327,064
2,357,304
2,465,865
2,588,607
2,666,629
2,695,240
2,722,379
2,758,273
2,821,303
3,918,956
3,928,996
4,039,486
4,129,679
4,164,250
4,233,096
4,233,0964,164,2504,129,6794,039,4863,928,9963,918,9562,821,3032,758,2732,722,3792,695,2402,666,6292,588,6072,465,8652,357,3042,327,0642,315,4642,296,9572,214,4522,236,7822,221,7052,221,7052,208,9722,267,4552,257,0432,258,4872,211,8422,190,6302,149,8702,090,9782,039,5322,002,3071,962,7291,590,9161,548,7751,524,2501,514,6481,496,3181,474,8121,458,2811,444,5141,474,6051,410,5691,391,8871,383,0861,379,1341,360,9161,345,6841,335,5521,324,7711,306,5431,322,9101,306,319385,532364,131301,143221,57072,923
   Common Stock
40,000
60,000
90,000
90,000
90,000
120,000
120,000
216,000
216,000
216,000
216,000
324,000
324,000
324,000
324,000
324,000
324,000
324,000
324,000
324,000
324,000
324,000
324,000
648,000
648,000
734,000
734,000
731,515
731,515
731,515
731,515
727,087
727,087
727,087
727,087
719,153
719,153
719,153
719,153
719,153
719,153
719,153
719,153
719,153
719,153
719,153
719,153
719,153
719,153
719,153
719,153
934,899
934,899
934,899
0
934,899
0
0934,8990934,899934,899934,899719,153719,153719,153719,153719,153719,153719,153719,153719,153719,153719,153719,153719,153719,153719,153719,153727,087727,087727,087727,087731,515731,515731,515731,515734,000734,000648,000648,000324,000324,000324,000324,000324,000324,000324,000324,000324,000324,000324,000324,000216,000216,000216,000216,000120,000120,00090,00090,00090,00060,00040,000
   Retained Earnings 
28,982
74,192
80,216
143,203
164,605
180,638
197,229
180,862
199,090
206,016
216,148
232,932
248,366
248,273
257,307
274,751
285,858
306,339
344,675
367,268
391,938
412,869
432,329
456,469
501,334
549,874
584,686
620,183
672,318
732,404
772,754
793,466
838,632
838,838
852,945
793,153
802,770
358,837
760,536
735,932
817,377
896,047
910,807
939,362
1,050,279
1,172,897
1,249,117
1,279,475
1,306,227
1,359,447
1,421,893
1,459,811
1,469,852
1,578,241
1,548,736
1,696,599
1,647,484
1,647,4841,696,5991,548,7361,578,2411,469,8521,459,8111,421,8931,359,4471,306,2271,279,4751,249,1171,172,8971,050,279939,362910,807896,047817,377735,932760,536358,837802,770793,153852,945838,838838,632793,466772,754732,404672,318620,183584,686549,874501,334456,469432,329412,869391,938367,268344,675306,339285,858274,751257,307248,273248,366232,932216,148206,016199,090180,862197,229180,638164,605143,20380,21674,19228,982
   Capital Surplus 000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 0-29,3210-35,726-37,827-37,826-31,525-32,110-14,784-15,170-13,423-15,226-15,349-14,531-16,216-13,057-12,873-13,934-16,2080-13,538-16,65500000000000000000000000000000000000



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 (+$)
totalRevenue3,981,872
Cost of Revenue-3,208,067
Gross Profit773,805773,805
 
Operating Income (+$)
Gross Profit773,805
Operating Expense-3,559,277
Operating Income422,594-2,785,473
 
Operating Expense (+$)
Research Development155,545
Selling General Administrative109,856
Selling And Marketing Expenses-
Operating Expense3,559,277265,402
 
Net Interest Income (+$)
Interest Income19,169
Interest Expense-21,408
Other Finance Cost-114,734
Net Interest Income-116,973
 
Pretax Income (+$)
Operating Income422,594
Net Interest Income-116,973
Other Non-Operating Income Expenses-
Income Before Tax (EBT)374,136422,594
EBIT - interestExpense = -21,408
344,511
365,919
Interest Expense21,408
Earnings Before Interest and Taxes (EBIT)-395,544
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax374,136
Tax Provision-36,379
Net Income From Continuing Ops337,756337,756
Net Income344,511
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-116,973
 

Technical Analysis of Shanghai Taisheng Wind Power
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 Shanghai Taisheng Wind Power. The general trend of Shanghai Taisheng Wind Power is BEARISH with 85.7% 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 Shanghai Taisheng Wind Power'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 (-85.7%) Bearish trend (85.7%)
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 Shanghai Taisheng Wind Power.

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

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

The bullish price targets are: 8.71 < 8.85 < 8.97.

The bearish price targets are: 7.38 > 7.3 > 6.93.

Tweet this
Shanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +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

Shanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power. The current macd is -0.1158584.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Shanghai Taisheng Wind Power price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Shanghai Taisheng Wind Power. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Shanghai Taisheng Wind Power price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Shanghai Taisheng Wind Power Daily Moving Average Convergence/Divergence (MACD) ChartShanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power. The current adx is 17.72.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Shanghai Taisheng Wind Power shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Shanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power. The current sar is 8.75604493.

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
Shanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power. The current rsi is 42.36. 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
Shanghai Taisheng Wind Power Daily Relative Strength Index (RSI) ChartShanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Shanghai Taisheng Wind Power price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Shanghai Taisheng Wind Power Daily Stochastic Oscillator ChartShanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power. The current cci is -75.54230833.

Shanghai Taisheng Wind Power Daily Commodity Channel Index (CCI) ChartShanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power. The current cmo is -23.13737712.

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
Shanghai Taisheng Wind Power Daily Chande Momentum Oscillator (CMO) ChartShanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power. The current willr is -89.07563025.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Shanghai Taisheng Wind Power Daily Williams %R ChartShanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power.

Shanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power. The current atr is 0.35443671.

Shanghai Taisheng Wind Power Daily Average True Range (ATR) ChartShanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power. The current obv is 948,737,110.

Shanghai Taisheng Wind Power Daily On-Balance Volume (OBV) ChartShanghai Taisheng Wind Power 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 Shanghai Taisheng Wind Power. The current mfi is 59.89.

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
Shanghai Taisheng Wind Power Daily Money Flow Index (MFI) ChartShanghai Taisheng Wind Power Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Shanghai Taisheng Wind Power.

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
2023-11-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16STOCH 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
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-28DMI 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
2023-11-30DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05DMI 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.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07DMI 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.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-21DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27STOCH 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
2024-02-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-06DMI 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).
2024-03-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Shanghai Taisheng Wind Power Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Shanghai Taisheng Wind Power based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.361
Ma 20Greater thanMa 508.276
Ma 50Greater thanMa 1008.322
Ma 100Greater thanMa 2009.041
OpenGreater thanClose7.810
Total0/5 (0.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Shanghai Taisheng Wind Power with someone you think should read this too:
  • Are you bullish or bearish on Shanghai Taisheng Wind Power? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Shanghai Taisheng Wind Power? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Shanghai Taisheng Wind Power

I send you an email if I find something interesting about Shanghai Taisheng Wind Power.


Comments

How you think about this?

Leave a comment

Stay informed about Shanghai Taisheng Wind Power.

Receive notifications about Shanghai Taisheng Wind Power in your mailbox!