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Brilliance Technology Co Ltd
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Let's analyse Brilliance Technology Co Ltd together

PenkeI guess you are interested in Brilliance Technology 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 Brilliance Technology 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 Brilliance Technology Co Ltd (30 sec.)










What can you expect buying and holding a share of Brilliance Technology Co Ltd? (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?
94.3%

What is your share worth?

Current worth
¥2.01
Expected worth in 1 year
¥2.06
How sure are you?
74.3%

+ What do you gain per year?

Total Gains per Share
¥0.15
Return On Investment
1.2%

For what price can you sell your share?

Current Price per Share
¥13.08
Expected price per share
¥6.84 - ¥14.46
How sure are you?
50%

1. Valuation of Brilliance Technology Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥13.08

Intrinsic Value Per Share

¥1.38 - ¥1.65

Total Value Per Share

¥3.39 - ¥3.67

2. Growth of Brilliance Technology Co Ltd (5 min.)




Is Brilliance Technology Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$83.2m$81.9m$4.1m4.8%

How much money is Brilliance Technology Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$799.1k$2.2m-$1.4m-182.9%
Net Profit Margin-0.2%3.6%--

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

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




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

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

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

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

Speculation

The Price per Share of Brilliance Technology Co Ltd is ¥13.08. 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 Brilliance Technology 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 Brilliance Technology 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 ¥2.01. 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 ¥0.04 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 ¥0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Brilliance Technology 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 Eps-0.01-0.1%0.000.0%0.010.1%0.010.0%0.000.0%
Usd Book Value Change Per Share-0.01-0.1%0.000.0%0.010.0%0.000.0%0.010.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.01-0.1%0.010.0%0.010.1%0.000.0%0.010.1%
Usd Price Per Share1.84-1.77-1.78-1.90-2.24-
Price to Earnings Ratio-45.50--22.84--1,605.44--282.11--88.09-
Price-to-Total Gains Ratio-264.46-694.21--219.32--583.13--500.00-
Price to Book Ratio6.59-6.16-6.49-6.46-8.05-
Price-to-Total Gains Ratio-264.46-694.21--219.32--583.13--500.00-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.810272
Number of shares552
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.010.00
Gains per Quarter (552 shares)2.902.09
Gains per Year (552 shares)11.628.38
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
18429-0-2
21681417-06
323122626-114
431153834-122
539195043-130
647236251-138
754277460-146
862318669-254
970359877-262
10783911086-270

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 Share2.02.00.050.0%6.06.00.050.0%12.08.00.060.0%24.08.03.068.6%24.08.03.068.6%
Book Value Change Per Share1.03.00.025.0%4.08.00.033.3%8.012.00.040.0%18.014.03.051.4%18.014.03.051.4%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%33.00.02.094.3%33.00.02.094.3%
Total Gains per Share3.01.00.075.0%8.04.00.066.7%13.07.00.065.0%26.09.00.074.3%26.09.00.074.3%

Fundamentals of Brilliance Technology Co Ltd

About Brilliance Technology Co Ltd

Brilliance Technology Co., Ltd., together with its subsidiaries, provides information solutions and services in China. The company offers data center infrastructure system construction, cloud computing/virtualization construction, information security system construction, disaster recovery system construction, and IT system relocation technical services, as well as big data platform system construction, security planning and construction, multi-vendor operation and maintenance management services, etc. The company also provides software development services, such as electronic channels and channel integration platforms, payment and settlement, new generation intermediary businesses, transaction banking, data exchanges, big data platforms, blockchain platforms, etc.; and professional and technical services. It serves the financial, military, public security, and media industries, as well as large and medium-sized state-owned enterprises and institutions, etc. Brilliance Technology Co., Ltd. was founded in 1998 and is headquartered in Beijing, China.

Fundamental data was last updated by Penke on 2024-03-26 01:44:03.

Financial Health

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

Valuation

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

1.1. Profitability of Brilliance Technology Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Brilliance Technology Co Ltd to the Software - Application industry mean.
  • A Net Profit Margin of -6.4% 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 Brilliance Technology Co Ltd:

  • The MRQ is -6.4%. The company is making a loss. -1
  • The TTM is -0.2%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ-6.4%TTM-0.2%-6.1%
TTM-0.2%YOY3.6%-3.8%
TTM-0.2%5Y2.2%-2.5%
5Y2.2%10Y3.8%-1.5%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Brilliance Technology Co Ltd to the Software - Application industry mean.
  • -1.5% Return on Assets means that Brilliance Technology Co Ltd generated ¥-0.01 profit for each $1 in assets.

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

  • The MRQ is -1.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.5%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-1.5%TTM0.5%-1.9%
TTM0.5%YOY1.4%-1.0%
TTM0.5%5Y1.1%-0.6%
5Y1.1%10Y1.2%-0.1%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Brilliance Technology Co Ltd to the Software - Application industry mean.
  • -3.7% Return on Equity means Brilliance Technology Co Ltd generated ¥-0.04 for each ¥1 the owners (shareholders) invested.

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

  • The MRQ is -3.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 0.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-3.7%TTM0.9%-4.5%
TTM0.9%YOY2.8%-1.9%
TTM0.9%5Y1.9%-1.1%
5Y1.9%10Y1.9%+0.1%

1.2. Operating Efficiency of Brilliance Technology Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Brilliance Technology Co Ltd is operating .

  • Measures how much profit Brilliance Technology 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 Brilliance Technology Co Ltd to the Software - Application 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 Brilliance Technology Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM2.1%-2.1%
TTM2.1%YOY4.3%-2.2%
TTM2.1%5Y4.2%-2.1%
5Y4.2%10Y2.9%+1.3%
1.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 1.82 means that the operating costs are ¥1.82 for each ¥1 in net sales.

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

  • The MRQ is 1.822. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.771. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.822TTM1.771+0.051
TTM1.771YOY1.732+0.039
TTM1.7715Y1.729+0.042
5Y1.72910Y1.362+0.366

1.3. Liquidity of Brilliance Technology Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 1.32 means the company has ¥1.32 in assets for each ¥1 in short-term debts.

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

  • The MRQ is 1.324. The company is just able to pay all its short-term debts.
  • The TTM is 1.445. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.324TTM1.445-0.121
TTM1.445YOY1.603-0.158
TTM1.4455Y1.808-0.363
5Y1.80810Y1.178+0.630
1.3.2. Quick Ratio

Measures if Brilliance Technology 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 Brilliance Technology Co Ltd to the Software - Application industry mean.
  • A Quick Ratio of 0.71 means the company can pay off ¥0.71 for each ¥1 in debt (using most liquid assets).

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

  • The MRQ is 0.714. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.718. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.714TTM0.718-0.005
TTM0.718YOY0.834-0.115
TTM0.7185Y0.927-0.208
5Y0.92710Y1.284-0.357

1.4. Solvency of Brilliance Technology Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Brilliance Technology Co Ltd to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.59 means that Brilliance Technology Co Ltd assets are financed with 59.2% credit (debt) and the remaining percentage (100% - 59.2%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.592. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.543. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.592TTM0.543+0.049
TTM0.543YOY0.516+0.027
TTM0.5435Y0.446+0.096
5Y0.44610Y0.363+0.083
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Brilliance Technology Co Ltd to the Software - Application industry mean.
  • A Debt to Equity ratio of 146.9% means that company has ¥1.47 debt for each ¥1 in shareholders equity.

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

  • The MRQ is 1.469. The company is able to pay all its debts with equity. +1
  • The TTM is 1.209. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.469TTM1.209+0.259
TTM1.209YOY1.095+0.114
TTM1.2095Y0.869+0.340
5Y0.86910Y0.646+0.223

2. Market Valuation of Brilliance Technology 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 Brilliance Technology Co Ltd generates.

  • Above 15 is considered overpriced but always compare Brilliance Technology Co Ltd to the Software - Application industry mean.
  • A PE ratio of -45.50 means the investor is paying ¥-45.50 for every ¥1 in earnings.

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

  • The EOD is -44.813. Based on the earnings, the company is expensive. -2
  • The MRQ is -45.499. Based on the earnings, the company is expensive. -2
  • The TTM is -22.838. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-44.813MRQ-45.499+0.685
MRQ-45.499TTM-22.838-22.661
TTM-22.838YOY-1,605.442+1,582.604
TTM-22.8385Y-282.113+259.276
5Y-282.11310Y-88.091-194.022
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -64.222. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -65.204. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -21.871. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-64.222MRQ-65.204+0.982
MRQ-65.204TTM-21.871-43.333
TTM-21.871YOY-7.681-14.190
TTM-21.8715Y-7.641-14.230
5Y-7.64110Y-9.652+2.010
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 6.59 means the investor is paying ¥6.59 for each ¥1 in book value.

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

  • The EOD is 6.495. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.594. Based on the equity, the company is overpriced. -1
  • The TTM is 6.160. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD6.495MRQ6.594-0.099
MRQ6.594TTM6.160+0.434
TTM6.160YOY6.494-0.334
TTM6.1605Y6.458-0.298
5Y6.45810Y8.050-1.593
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Brilliance Technology 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---0.0610.013-586%0.036-269%-0.001-99%0.058-207%
Book Value Per Share--2.0142.076-3%1.974+2%2.134-6%1.920+5%
Current Ratio--1.3241.445-8%1.603-17%1.808-27%1.178+12%
Debt To Asset Ratio--0.5920.543+9%0.516+15%0.446+33%0.363+63%
Debt To Equity Ratio--1.4691.209+21%1.095+34%0.869+69%0.646+127%
Dividend Per Share--0.0110.025-56%0.032-65%0.028-60%0.022-49%
Eps---0.0730.019-481%0.054-234%0.041-277%0.036-304%
Free Cash Flow Per Share---0.0510.033-254%-0.111+118%0.033-253%0.026-296%
Free Cash Flow To Equity Per Share---0.0510.081-163%-0.039-24%0.037-238%0.046-211%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.914+9%
Intrinsic Value_10Y_max--1.652--------
Intrinsic Value_10Y_min--1.376--------
Intrinsic Value_1Y_max--0.036--------
Intrinsic Value_1Y_min--0.036--------
Intrinsic Value_3Y_max--0.208--------
Intrinsic Value_3Y_min--0.196--------
Intrinsic Value_5Y_max--0.498--------
Intrinsic Value_5Y_min--0.454--------
Market Cap3905164800.000-2%3964876800.0003829484638.140+4%3852719797.560+3%4128364836.430-4%4853010259.045-18%
Net Profit Margin---0.064-0.002-96%0.036-276%0.022-386%0.038-268%
Operating Margin---0.021-100%0.043-100%0.042-100%0.029-100%
Operating Ratio--1.8221.771+3%1.732+5%1.729+5%1.362+34%
Pb Ratio6.495-2%6.5946.160+7%6.494+2%6.458+2%8.050-18%
Pe Ratio-44.813+2%-45.499-22.838-50%-1605.442+3429%-282.113+520%-88.091+94%
Price Per Share13.080-2%13.28012.780+4%12.840+3%13.749-3%16.205-18%
Price To Free Cash Flow Ratio-64.222+2%-65.204-21.871-66%-7.681-88%-7.641-88%-9.652-85%
Price To Total Gains Ratio-260.474+2%-264.457694.208-138%-219.323-17%-583.134+121%-499.999+89%
Quick Ratio--0.7140.718-1%0.834-14%0.927-23%1.284-44%
Return On Assets---0.0150.005-416%0.014-203%0.011-234%0.012-225%
Return On Equity---0.0370.009-519%0.028-232%0.019-289%0.019-297%
Total Gains Per Share---0.0500.038-232%0.068-174%0.027-283%0.079-163%
Usd Book Value--83216727.07086110141.807-3%81980780.976+2%88673865.658-6%79658416.903+4%
Usd Book Value Change Per Share---0.0080.002-586%0.005-269%0.000-99%0.008-207%
Usd Book Value Per Share--0.2790.287-3%0.273+2%0.295-6%0.266+5%
Usd Dividend Per Share--0.0020.004-56%0.004-65%0.004-60%0.003-49%
Usd Eps---0.0100.003-481%0.008-234%0.006-277%0.005-304%
Usd Free Cash Flow---2103919.0971372509.287-253%-4614052.903+119%1385224.230-252%680980.726-409%
Usd Free Cash Flow Per Share---0.0070.005-254%-0.015+118%0.005-253%0.004-296%
Usd Free Cash Flow To Equity Per Share---0.0070.011-163%-0.005-24%0.005-238%0.006-211%
Usd Market Cap540474808.320-2%548738949.120530000673.919+4%533216419.982+3%571365693.362-4%671656619.852-18%
Usd Price Per Share1.810-2%1.8381.769+4%1.777+3%1.903-3%2.243-18%
Usd Profit---3015148.027799112.366-477%2260582.029-233%1719511.946-275%1487675.259-303%
Usd Revenue--47478112.34251249555.667-7%45539614.135+4%42001322.116+13%31141212.487+52%
Usd Total Gains Per Share---0.0070.005-232%0.009-174%0.004-283%0.011-163%
 EOD+3 -5MRQTTM+5 -30YOY+11 -245Y+4 -3110Y+10 -26

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-44.813
Price to Book Ratio (EOD)Between0-16.495
Net Profit Margin (MRQ)Greater than0-0.064
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.714
Current Ratio (MRQ)Greater than11.324
Debt to Asset Ratio (MRQ)Less than10.592
Debt to Equity Ratio (MRQ)Less than11.469
Return on Equity (MRQ)Greater than0.15-0.037
Return on Assets (MRQ)Greater than0.05-0.015
Total2/10 (20.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.454
Ma 20Greater thanMa 5011.343
Ma 50Greater thanMa 10010.669
Ma 100Greater thanMa 20012.091
OpenGreater thanClose11.970
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets1,473,539
Total Liabilities872,262
Total Stockholder Equity593,873
 As reported
Total Liabilities 872,262
Total Stockholder Equity+ 593,873
Total Assets = 1,473,539

Assets

Total Assets1,473,539
Total Current Assets1,154,450
Long-term Assets319,089
Total Current Assets
Cash And Cash Equivalents 244,727
Net Receivables 622,360
Inventory 211,755
Other Current Assets 6,399
Total Current Assets  (as reported)1,154,450
Total Current Assets  (calculated)1,085,242
+/- 69,208
Long-term Assets
Property Plant Equipment 109,944
Goodwill 185,775
Intangible Assets 1,393
Long-term Assets  (as reported)319,089
Long-term Assets  (calculated)297,112
+/- 21,977

Liabilities & Shareholders' Equity

Total Current Liabilities872,198
Long-term Liabilities64
Total Stockholder Equity593,873
Total Current Liabilities
Short Long Term Debt 419,132
Accounts payable 276,989
Other Current Liabilities 406
Total Current Liabilities  (as reported)872,198
Total Current Liabilities  (calculated)696,527
+/- 175,671
Long-term Liabilities
Long-term Liabilities  (as reported)64
Long-term Liabilities  (calculated)0
+/- 64
Total Stockholder Equity
Retained Earnings 282,260
Total Stockholder Equity (as reported)593,873
Total Stockholder Equity (calculated)282,260
+/- 311,613
Other
Capital Stock298,560
Common Stock Shares Outstanding 298,560
Net Debt 174,405
Net Invested Capital 1,013,006
Net Working Capital 282,252
Property Plant and Equipment Gross 109,944



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312013-12-312012-12-312011-12-31
> Total Assets 
342,312
401,804
435,197
525,360
479,503
479,503
0
548,479
0
500,907
664,654
726,524
644,690
653,608
697,906
789,486
753,020
867,469
984,802
1,219,552
1,154,316
1,118,939
1,059,103
1,063,640
1,021,183
1,104,615
1,156,254
1,086,156
1,064,087
1,019,372
1,039,520
1,110,692
1,173,856
1,282,248
1,360,183
1,347,022
1,335,229
1,300,408
1,473,539
1,473,5391,300,4081,335,2291,347,0221,360,1831,282,2481,173,8561,110,6921,039,5201,019,3721,064,0871,086,1561,156,2541,104,6151,021,1831,063,6401,059,1031,118,9391,154,3161,219,552984,802867,469753,020789,486697,906653,608644,690726,524664,654500,9070548,4790479,503479,503525,360435,197401,804342,312
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
746,357
856,924
926,506
831,711
794,712
732,751
731,214
689,277
750,313
802,952
733,361
707,413
663,736
686,583
756,982
823,104
933,820
1,014,715
1,006,473
996,895
963,151
1,154,450
1,154,450963,151996,8951,006,4731,014,715933,820823,104756,982686,583663,736707,413733,361802,952750,313689,277731,214732,751794,712831,711926,506856,924746,35700000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
184,328
271,203
410,846
260,047
244,036
236,573
286,188
217,651
213,194
172,934
276,068
236,261
189,674
154,331
267,574
230,590
186,610
117,335
337,483
259,050
180,066
244,727
244,727180,066259,050337,483117,335186,610230,590267,574154,331189,674236,261276,068172,934213,194217,651286,188236,573244,036260,047410,846271,203184,32800000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
45,000
0
0
0
0
0
0
0
16,715
9,645
3,331
1,648
1,155
1,161
1,825
1,830
300
0
0
0
0
0
000003001,8301,8251,1611,1551,6483,3319,64516,715000000045,00000000000000000000
       Net Receivables 
56,566
101,362
123,709
174,224
211,556
211,556
0
205,085
0
244,717
257,940
240,408
265,384
334,330
359,522
333,714
378,449
397,833
433,252
357,600
429,733
456,693
376,739
370,588
370,827
436,615
511,544
327,050
292,447
343,857
364,111
347,755
397,936
519,658
611,281
466,338
405,725
569,137
622,360
622,360569,137405,725466,338611,281519,658397,936347,755364,111343,857292,447327,050511,544436,615370,827370,588376,739456,693429,733357,600433,252397,833378,449333,714359,522334,330265,384240,408257,940244,7170205,0850211,556211,556174,224123,709101,36256,566
       Inventory 
22,089
58,219
37,477
52,529
38,685
38,685
0
29,308
0
20,046
22,138
41,969
27,894
21,276
41,465
33,187
37,740
38,356
116,061
116,497
106,513
50,487
82,187
64,486
88,050
72,039
84,284
111,217
149,119
109,628
154,057
128,975
149,211
198,528
247,360
140,638
239,308
171,049
211,755
211,755171,049239,308140,638247,360198,528149,211128,975154,057109,628149,119111,21784,28472,03988,05064,48682,18750,487106,513116,497116,06138,35637,74033,18741,46521,27627,89441,96922,13820,046029,308038,68538,68552,52937,47758,21922,089
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
322,605
324,228
326,351
332,426
331,906
354,303
353,302
352,796
356,674
355,636
352,937
353,710
350,752
348,427
345,467
340,549
338,334
337,258
319,089
319,089337,258338,334340,549345,467348,427350,752353,710352,937355,636356,674352,796353,302354,303331,906332,426326,351324,228322,60500000000000000000000
       Property Plant Equipment 
21,138
19,555
18,966
16,984
15,922
15,922
0
15,683
0
13,853
13,413
105,080
104,712
104,241
103,927
102,492
104,158
105,403
50,479
39,511
31,685
53,565
52,725
69,388
70,117
70,147
70,053
70,508
75,832
75,910
74,486
72,975
71,458
69,891
68,399
114,857
113,231
111,614
109,944
109,944111,614113,231114,85768,39969,89171,45872,97574,48675,91075,83270,50870,05370,14770,11769,38852,72553,56531,68539,51150,479105,403104,158102,492103,927104,241104,712105,08013,41313,853015,683015,92215,92216,98418,96619,55521,138
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
152,727
152,727
152,727
152,727
152,727
152,727
208,453
208,453
208,453
208,453
208,453
208,453
208,453
208,453
208,453
208,453
202,696
202,696
202,696
185,775
185,775202,696202,696202,696208,453208,453208,453208,453208,453208,453208,453208,453208,453208,453152,727152,727152,727152,727152,727152,7270000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,000
1,000
2,393
33,227
34,213
34,213
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000034,21334,21333,2272,3931,0001,00000000000000000000
       Intangible Assets 
57
716
373
2,046
2,897
2,897
0
2,328
0
1,775
1,490
1,441
1,150
874
600
2,373
2,177
3,737
5,817
6,981
6,266
8,109
8,555
6,909
5,861
6,268
5,090
3,968
2,960
2,059
1,364
927
948
582
417
259
260
1,552
1,393
1,3931,5522602594175829489271,3642,0592,9603,9685,0906,2685,8616,9098,5558,1096,2666,9815,8173,7372,1772,3736008741,1501,4411,4901,77502,32802,8972,8972,04637371657
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,691
8,691
11,441
332,426
331,906
70,147
70,053
0
0
0
0
0
0
0
0
0
0
0
0
00000000000070,05370,147331,906332,42611,4418,6918,69100000000000000000000
> Total Liabilities 
101,247
126,605
118,519
182,875
137,428
137,428
0
177,326
0
122,940
126,346
163,502
84,610
89,331
130,657
194,352
164,497
270,353
374,320
561,712
499,843
465,149
401,528
383,981
383,037
452,720
488,271
367,035
349,004
304,509
493,927
508,685
576,170
701,678
771,059
711,888
705,554
677,761
872,262
872,262677,761705,554711,888771,059701,678576,170508,685493,927304,509349,004367,035488,271452,720383,037383,981401,528465,149499,843561,712374,320270,353164,497194,352130,65789,33184,610163,502126,346122,9400177,3260137,428137,428182,875118,519126,605101,247
   > Total Current Liabilities 
101,247
126,605
117,288
180,077
134,799
134,799
0
176,021
0
121,794
125,347
162,514
83,701
88,502
129,906
193,681
163,905
269,840
373,886
482,512
387,309
398,816
343,528
320,381
328,071
431,991
488,025
366,792
343,034
301,061
394,216
409,608
476,994
652,112
722,058
663,484
657,152
677,634
872,198
872,198677,634657,152663,484722,058652,112476,994409,608394,216301,061343,034366,792488,025431,991328,071320,381343,528398,816387,309482,512373,886269,840163,905193,681129,90688,50283,701162,514125,347121,7940176,0210134,799134,799180,077117,288126,605101,247
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
133,035
77,193
61,457
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000061,45777,193133,03500000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
133,035
77,193
61,457
27,193
41,617
91,658
112,744
0
0
56,858
121,498
84,967
219,669
290,648
258,780
225,166
307,044
332,910
419,132
419,132332,910307,044225,166258,780290,648219,66984,967121,49856,85800112,74491,65841,61727,19361,45777,193133,03500000000000000000000
       Accounts payable 
37,819
83,211
84,927
98,201
60,794
60,794
0
76,429
0
29,772
32,509
63,431
43,827
40,347
58,174
110,604
56,723
62,798
85,570
189,699
160,112
175,135
136,484
131,470
128,283
201,136
221,144
153,182
114,507
101,391
126,711
141,919
108,549
171,637
215,453
231,255
147,949
133,914
276,989
276,989133,914147,949231,255215,453171,637108,549141,919126,711101,391114,507153,182221,144201,136128,283131,470136,484175,135160,112189,69985,57062,79856,723110,60458,17440,34743,82763,43132,50929,772076,429060,79460,79498,20184,92783,21137,819
       Other Current Liabilities 
63,428
43,394
32,360
66,691
32,974
32,974
0
47,938
0
49,552
37,461
63,454
39,874
48,154
71,732
83,077
79,134
30,756
61,805
41,486
16,667
62,867
62,867
96,202
131,430
58,862
124,522
155,016
197,129
79,956
107,359
108,827
113,063
121,799
164,230
133,076
169,349
143,171
406
406143,171169,349133,076164,230121,799113,063108,827107,35979,956197,129155,016124,52258,862131,43096,20262,86762,86716,66741,48661,80530,75679,13483,07771,73248,15439,87463,45437,46149,552047,938032,97432,97466,69132,36043,39463,428
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
112,533
66,333
58,000
63,600
54,967
20,729
246
243
5,970
3,448
99,710
99,077
99,176
49,566
49,000
48,405
48,402
127
64
6412748,40248,40549,00049,56699,17699,07799,7103,4485,97024324620,72954,96763,60058,00066,333112,53300000000000000000000
       Other Liabilities 
0
0
1,231
2,798
2,629
2,629
0
1,305
0
1,147
999
988
909
830
750
671
592
513
434
79,200
79,200
33,000
33,000
33,000
33,000
262
246
243
227
214
96,998
96,893
96,876
48,460
48,443
0
0
127
0
01270048,44348,46096,87696,89396,99821422724324626233,00033,00033,00033,00079,20079,2004345135926717508309099889991,14701,30502,6292,6292,7981,23100
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
681
659
954
925
867
810
753
695
638
581
523
466
409
386
363
341
318
295
0
0
227
0
02270029531834136338640946652358163869575381086792595465968100000000000000000
> Total Stockholder Equity
240,264
275,213
316,676
342,493
342,087
342,087
342,075
371,161
371,153
377,975
538,319
563,033
560,093
564,290
567,262
595,146
588,538
597,132
610,500
637,469
630,980
638,566
640,545
655,744
614,278
626,081
638,257
678,181
672,348
668,395
533,574
592,201
586,801
575,102
583,873
627,950
622,508
615,351
593,873
593,873615,351622,508627,950583,873575,102586,801592,201533,574668,395672,348678,181638,257626,081614,278655,744640,545638,566630,980637,469610,500597,132588,538595,146567,262564,290560,093563,033538,319377,975371,153371,161342,075342,087342,087342,493316,676275,213240,264
   Common Stock
67,600
67,600
67,600
67,600
67,600
67,600
0
67,600
0
67,600
90,150
90,150
90,150
90,150
91,192
91,192
91,192
155,026
155,026
155,026
155,026
232,538
231,730
231,730
231,730
300,131
300,083
300,083
300,083
300,083
300,083
300,056
300,056
300,056
300,056
0
0
300,028
0
0300,02800300,056300,056300,056300,056300,083300,083300,083300,083300,083300,131231,730231,730231,730232,538155,026155,026155,026155,02691,19291,19291,19290,15090,15090,15090,15067,600067,600067,60067,60067,60067,60067,60067,600
   Retained Earnings 
108,135
143,282
184,745
210,561
210,155
210,155
0
239,230
0
246,044
248,913
273,626
270,686
274,883
277,856
303,504
296,122
303,942
306,834
334,577
285,917
293,331
295,086
382,112
370,559
382,104
348,413
384,740
375,984
369,109
234,596
293,352
286,378
273,105
272,981
307,652
301,311
311,873
282,260
282,260311,873301,311307,652272,981273,105286,378293,352234,596369,109375,984384,740348,413382,104370,559382,112295,086293,331285,917334,577306,834303,942296,122303,504277,856274,883270,686273,626248,913246,0440239,2300210,155210,155210,561184,745143,282108,135
   Capital Surplus 000000000000000000000000000000000000000
   Treasury Stock00000000000000000000-14,554-24,257-24,257-24,257-24,25700000000000000
   Other Stockholders Equity 000000000000000000000000000000000000000



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 (+$)
totalRevenue1,481,201
Cost of Revenue-1,200,096
Gross Profit281,105281,105
 
Operating Income (+$)
Gross Profit281,105
Operating Expense-1,402,336
Operating Income78,865-1,121,231
 
Operating Expense (+$)
Research Development87,852
Selling General Administrative48,355
Selling And Marketing Expenses-
Operating Expense1,402,336136,208
 
Net Interest Income (+$)
Interest Income2,198
Interest Expense-12,515
Other Finance Cost-858
Net Interest Income-11,175
 
Pretax Income (+$)
Operating Income78,865
Net Interest Income-11,175
Other Non-Operating Income Expenses-
Income Before Tax (EBT)27,18278,865
EBIT - interestExpense = -12,515
23,093
35,608
Interest Expense12,515
Earnings Before Interest and Taxes (EBIT)-39,697
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax27,182
Tax Provision-1,487
Net Income From Continuing Ops25,69525,695
Net Income23,093
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-11,175
 

Technical Analysis of Brilliance Technology 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 Brilliance Technology Co Ltd. The general trend of Brilliance Technology Co Ltd is BULLISH with 28.6% 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 Brilliance Technology 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 (28.6%) Bearish trend (-28.6%)
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 Brilliance Technology Co Ltd.

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

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

The bullish price targets are: 13.32 < 14.46 < 14.46.

The bearish price targets are: 9.76 > 6.84.

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Brilliance Technology 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 Brilliance Technology Co Ltd. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Brilliance Technology 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 Brilliance Technology Co Ltd. The current macd is 0.68587094.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Brilliance Technology 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 Brilliance Technology 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 Brilliance Technology Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Brilliance Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartBrilliance Technology 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 Brilliance Technology Co Ltd. The current adx is 30.34.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Brilliance Technology Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Brilliance Technology 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 Brilliance Technology Co Ltd. The current sar is 11.42.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Brilliance Technology 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 Brilliance Technology Co Ltd. The current rsi is 59.45. The current phase is Continuation in bull market.

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

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

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Brilliance Technology Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Brilliance Technology Co Ltd Daily Stochastic Oscillator ChartBrilliance Technology 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 Brilliance Technology Co Ltd. The current cci is 91.49.

Brilliance Technology Co Ltd Daily Commodity Channel Index (CCI) ChartBrilliance Technology 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 Brilliance Technology Co Ltd. The current cmo is 20.30.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Brilliance Technology Co Ltd Daily Chande Momentum Oscillator (CMO) ChartBrilliance Technology 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 Brilliance Technology Co Ltd. The current willr is -30.53097345.

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

Brilliance Technology 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 Brilliance Technology Co Ltd. The current atr is 1.00941519.

Brilliance Technology Co Ltd Daily Average True Range (ATR) ChartBrilliance Technology 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 Brilliance Technology Co Ltd. The current obv is 657,864,325.

Brilliance Technology Co Ltd Daily On-Balance Volume (OBV) ChartBrilliance Technology 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 Brilliance Technology Co Ltd. The current mfi is 48.20.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Brilliance Technology Co Ltd Daily Money Flow Index (MFI) ChartBrilliance Technology Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Brilliance Technology 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
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-10ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-15MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
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).
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11STOCH 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
2023-12-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-25STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-04MACD 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.
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08MACD 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
2024-01-10BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-25MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-02BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH 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.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11DMI 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28STOCH 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).

6.3. Candlestick Patterns

Brilliance Technology Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.454
Ma 20Greater thanMa 5011.343
Ma 50Greater thanMa 10010.669
Ma 100Greater thanMa 20012.091
OpenGreater thanClose11.970
Total2/5 (40.0%)
Penke

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