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Qingdao Tianneng Heavy Industries Co Ltd
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I'm going to help you getting a better view of Qingdao Tianneng Heavy Industries 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.

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Quick analysis of Qingdao Tianneng Heavy Industries Co Ltd (30 sec.)










What can you expect buying and holding a share of Qingdao Tianneng Heavy Industries Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.02
When do you have the money?
1 year
How often do you get paid?
93.5%

What is your share worth?

Current worth
¥5.54
Expected worth in 1 year
¥7.20
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
¥1.83
Return On Investment
36.2%

For what price can you sell your share?

Current Price per Share
¥5.05
Expected price per share
¥3.95 - ¥5.76
How sure are you?
50%

1. Valuation of Qingdao Tianneng Heavy Industries Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥5.05

Intrinsic Value Per Share

¥-3.08 - ¥-3.30

Total Value Per Share

¥2.47 - ¥2.24

2. Growth of Qingdao Tianneng Heavy Industries Co Ltd (5 min.)




Is Qingdao Tianneng Heavy Industries Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$784.5m$542.2m$128.6m19.2%

How much money is Qingdao Tianneng Heavy Industries Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$9.4m$9.4m$1.6k0.0%
Net Profit Margin7.4%6.7%--

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

3. Financial Health of Qingdao Tianneng Heavy Industries Co Ltd (5 min.)




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




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#152 / 738

Most Revenue
#260 / 738

Most Profit
#260 / 738

Most Efficient
#277 / 738

What can you expect buying and holding a share of Qingdao Tianneng Heavy Industries Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Qingdao Tianneng Heavy Industries Co Ltd?

First you should know what it really means to hold a share of Qingdao Tianneng Heavy Industries Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Qingdao Tianneng Heavy Industries Co Ltd is ¥5.05. 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 Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries 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 ¥5.54. Based on the TTM, the Book Value Change Per Share is ¥0.41 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.07 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 ¥0.04 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Qingdao Tianneng Heavy Industries Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.010.2%0.010.2%0.010.2%0.010.2%0.010.2%
Usd Book Value Change Per Share0.010.2%0.061.1%0.010.2%0.030.5%0.020.5%
Usd Dividend Per Share0.000.1%0.010.1%0.010.1%0.010.1%0.000.1%
Usd Total Gains Per Share0.010.3%0.061.3%0.020.3%0.030.6%0.030.6%
Usd Price Per Share1.00-1.12-1.65-1.74-2.63-
Price to Earnings Ratio22.67-31.10-59.63-55.22-165.62-
Price-to-Total Gains Ratio68.39-67.78-104.06-124.45-384.78-
Price to Book Ratio1.30-1.76-3.11-4.96-9.86-
Price-to-Total Gains Ratio68.39-67.78-104.06-124.45-384.78-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.69892
Number of shares1430
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.060.03
Usd Total Gains Per Share0.060.03
Gains per Quarter (1430 shares)90.4245.43
Gains per Year (1430 shares)361.67181.71
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13432835230151172
26765671461303354
3101984107691454536
413513121438121606718
516816401800152757900
6202196821621829081082
72362296252421210601264
82692624288624212111446
93032952324827313631628
103363280361030315141810

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%31.00.00.0100.0%31.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%18.02.00.090.0%26.04.01.083.9%26.04.01.083.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%29.00.02.093.5%29.00.02.093.5%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%31.00.00.0100.0%31.00.00.0100.0%

Fundamentals of Qingdao Tianneng Heavy Industries Co Ltd

About Qingdao Tianneng Heavy Industries Co Ltd

Qingdao Tianneng Heavy Industries Co.,Ltd manufactures and sells wind turbine towers and related equipment in China and internationally. The company offers onshore wind power towers, offshore wind power towers; offshore wind power foundations comprising single piles, cages, and high pile caps; and onshore wind power anchors. It also invests, develops, constructs, and operates new energy projects, such as wind and photovoltaics farms. The company was incorporated in 2006 and is headquartered in Jiaozhou, China.

Fundamental data was last updated by Penke on 2024-03-26 01:57:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
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 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 just 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 expensive.

1.1. Profitability of Qingdao Tianneng Heavy Industries Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Qingdao Tianneng Heavy Industries Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Qingdao Tianneng Heavy Industries Co Ltd to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 6.3% means that ¥0.06 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Qingdao Tianneng Heavy Industries Co Ltd:

  • The MRQ is 6.3%. The company is making a profit. +1
  • The TTM is 7.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.3%TTM7.4%-1.1%
TTM7.4%YOY6.7%+0.7%
TTM7.4%5Y9.8%-2.4%
5Y9.8%10Y11.3%-1.5%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ6.3%5.5%+0.8%
TTM7.4%5.2%+2.2%
YOY6.7%5.1%+1.6%
5Y9.8%4.5%+5.3%
10Y11.3%4.7%+6.6%
1.1.2. Return on Assets

Shows how efficient Qingdao Tianneng Heavy Industries Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Qingdao Tianneng Heavy Industries Co Ltd to the Specialty Industrial Machinery industry mean.
  • 0.6% Return on Assets means that Qingdao Tianneng Heavy Industries Co Ltd generated ¥0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Qingdao Tianneng Heavy Industries Co Ltd:

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.6%+0.1%
TTM0.6%YOY0.7%-0.1%
TTM0.6%5Y1.0%-0.4%
5Y1.0%10Y1.3%-0.3%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%1.1%-0.5%
TTM0.6%1.0%-0.4%
YOY0.7%1.1%-0.4%
5Y1.0%1.0%+0.0%
10Y1.3%1.1%+0.2%
1.1.3. Return on Equity

Shows how efficient Qingdao Tianneng Heavy Industries Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Qingdao Tianneng Heavy Industries Co Ltd to the Specialty Industrial Machinery industry mean.
  • 1.4% Return on Equity means Qingdao Tianneng Heavy Industries Co Ltd generated ¥0.01 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Qingdao Tianneng Heavy Industries Co Ltd:

  • The MRQ is 1.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.4%TTM1.4%+0.0%
TTM1.4%YOY1.8%-0.3%
TTM1.4%5Y2.9%-1.4%
5Y2.9%10Y3.1%-0.2%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%2.3%-0.9%
TTM1.4%2.1%-0.7%
YOY1.8%2.2%-0.4%
5Y2.9%2.0%+0.9%
10Y3.1%2.2%+0.9%

1.2. Operating Efficiency of Qingdao Tianneng Heavy Industries Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Qingdao Tianneng Heavy Industries Co Ltd is operating .

  • Measures how much profit Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd 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 Qingdao Tianneng Heavy Industries Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM10.8%-10.8%
TTM10.8%YOY13.3%-2.5%
TTM10.8%5Y16.1%-5.3%
5Y16.1%10Y10.9%+5.2%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.9%-7.9%
TTM10.8%4.7%+6.1%
YOY13.3%6.2%+7.1%
5Y16.1%6.2%+9.9%
10Y10.9%5.0%+5.9%
1.2.2. Operating Ratio

Measures how efficient Qingdao Tianneng Heavy Industries Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 1.70 means that the operating costs are ¥1.70 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Qingdao Tianneng Heavy Industries Co Ltd:

  • The MRQ is 1.696. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.615. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.696TTM1.615+0.082
TTM1.615YOY1.650-0.035
TTM1.6155Y1.562+0.052
5Y1.56210Y1.281+0.282
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6961.536+0.160
TTM1.6151.554+0.061
YOY1.6501.550+0.100
5Y1.5621.525+0.037
10Y1.2811.248+0.033

1.3. Liquidity of Qingdao Tianneng Heavy Industries Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Qingdao Tianneng Heavy Industries Co Ltd 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 1.82 means the company has ¥1.82 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Qingdao Tianneng Heavy Industries Co Ltd:

  • The MRQ is 1.821. The company is able to pay all its short-term debts. +1
  • The TTM is 1.708. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.821TTM1.708+0.113
TTM1.708YOY1.619+0.089
TTM1.7085Y1.402+0.306
5Y1.40210Y0.995+0.407
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8211.679+0.142
TTM1.7081.688+0.020
YOY1.6191.649-0.030
5Y1.4021.740-0.338
10Y0.9951.534-0.539
1.3.2. Quick Ratio

Measures if Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 0.84 means the company can pay off ¥0.84 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Qingdao Tianneng Heavy Industries Co Ltd:

  • The MRQ is 0.837. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.840. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.837TTM0.840-0.003
TTM0.840YOY0.755+0.085
TTM0.8405Y0.586+0.254
5Y0.58610Y0.603-0.016
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8370.724+0.113
TTM0.8400.749+0.091
YOY0.7550.814-0.059
5Y0.5860.858-0.272
10Y0.6030.860-0.257

1.4. Solvency of Qingdao Tianneng Heavy Industries Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Qingdao Tianneng Heavy Industries Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Qingdao Tianneng Heavy Industries Co Ltd to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.56 means that Qingdao Tianneng Heavy Industries Co Ltd assets are financed with 56.0% credit (debt) and the remaining percentage (100% - 56.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Qingdao Tianneng Heavy Industries Co Ltd:

  • The MRQ is 0.560. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.597. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.560TTM0.597-0.037
TTM0.597YOY0.617-0.020
TTM0.5975Y0.620-0.023
5Y0.62010Y0.533+0.088
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5600.499+0.061
TTM0.5970.503+0.094
YOY0.6170.504+0.113
5Y0.6200.497+0.123
10Y0.5330.491+0.042
1.4.2. Debt to Equity Ratio

Measures if Qingdao Tianneng Heavy Industries Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Qingdao Tianneng Heavy Industries Co Ltd to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 128.3% means that company has ¥1.28 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Qingdao Tianneng Heavy Industries Co Ltd:

  • The MRQ is 1.283. The company is able to pay all its debts with equity. +1
  • The TTM is 1.514. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.283TTM1.514-0.232
TTM1.514YOY1.636-0.122
TTM1.5145Y1.741-0.227
5Y1.74110Y1.362+0.379
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2830.997+0.286
TTM1.5141.016+0.498
YOY1.6361.016+0.620
5Y1.7411.052+0.689
10Y1.3621.033+0.329

2. Market Valuation of Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd generates.

  • Above 15 is considered overpriced but always compare Qingdao Tianneng Heavy Industries Co Ltd to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 22.67 means the investor is paying ¥22.67 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Qingdao Tianneng Heavy Industries Co Ltd:

  • The EOD is 15.832. Based on the earnings, the company is fair priced.
  • The MRQ is 22.667. Based on the earnings, the company is fair priced.
  • The TTM is 31.101. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD15.832MRQ22.667-6.835
MRQ22.667TTM31.101-8.434
TTM31.101YOY59.633-28.532
TTM31.1015Y55.215-24.115
5Y55.21510Y165.617-110.402
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD15.83219.375-3.543
MRQ22.66718.592+4.075
TTM31.10119.380+11.721
YOY59.63318.029+41.604
5Y55.21521.975+33.240
10Y165.61728.443+137.174
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Qingdao Tianneng Heavy Industries Co Ltd:

  • The EOD is -11.163. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -15.982. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.925. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-11.163MRQ-15.982+4.819
MRQ-15.982TTM-3.925-12.057
TTM-3.925YOY-18.959+15.034
TTM-3.9255Y38.870-42.795
5Y38.87010Y208.703-169.833
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-11.1635.634-16.797
MRQ-15.9825.073-21.055
TTM-3.9252.621-6.546
YOY-18.959-0.130-18.829
5Y38.8700.550+38.320
10Y208.7031.971+206.732
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Qingdao Tianneng Heavy Industries Co Ltd 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 1.30 means the investor is paying ¥1.30 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Qingdao Tianneng Heavy Industries Co Ltd:

  • The EOD is 0.911. Based on the equity, the company is cheap. +2
  • The MRQ is 1.304. Based on the equity, the company is underpriced. +1
  • The TTM is 1.762. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.911MRQ1.304-0.393
MRQ1.304TTM1.762-0.458
TTM1.762YOY3.112-1.349
TTM1.7625Y4.964-3.201
5Y4.96410Y9.863-4.900
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD0.9112.090-1.179
MRQ1.3042.124-0.820
TTM1.7622.181-0.419
YOY3.1122.351+0.761
5Y4.9642.377+2.587
10Y9.8632.932+6.931
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Qingdao Tianneng Heavy Industries 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--0.0830.414-80%0.074+13%0.191-56%0.179-53%
Book Value Per Share--5.5434.741+17%3.831+45%3.063+81%2.470+124%
Current Ratio--1.8211.708+7%1.619+12%1.402+30%0.995+83%
Debt To Asset Ratio--0.5600.597-6%0.617-9%0.620-10%0.533+5%
Debt To Equity Ratio--1.2831.514-15%1.636-22%1.741-26%1.362-6%
Dividend Per Share--0.0220.042-48%0.048-53%0.038-42%0.030-25%
Eps--0.0800.067+19%0.067+19%0.077+4%0.061+31%
Free Cash Flow Per Share---0.113-0.153+35%-0.275+143%-0.168+49%-0.135+19%
Free Cash Flow To Equity Per Share---0.1130.189-160%0.020-657%0.057-299%0.019-686%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---3.301--------
Intrinsic Value_10Y_min---3.075--------
Intrinsic Value_1Y_max---0.835--------
Intrinsic Value_1Y_min---0.820--------
Intrinsic Value_3Y_max---2.124--------
Intrinsic Value_3Y_min---2.035--------
Intrinsic Value_5Y_max---2.950--------
Intrinsic Value_5Y_min---2.771--------
Market Cap5164483580.800-43%7393932159.6308278522489.503-11%12156989815.200-39%12831963994.457-42%19410607921.102-62%
Net Profit Margin--0.0630.074-15%0.067-6%0.098-36%0.113-44%
Operating Margin---0.108-100%0.133-100%0.161-100%0.109-100%
Operating Ratio--1.6961.615+5%1.650+3%1.562+9%1.281+32%
Pb Ratio0.911-43%1.3041.762-26%3.112-58%4.964-74%9.863-87%
Pe Ratio15.832-43%22.66731.101-27%59.633-62%55.215-59%165.617-86%
Price Per Share5.050-43%7.2308.095-11%11.888-39%12.548-42%18.980-62%
Price To Free Cash Flow Ratio-11.163+30%-15.982-3.925-75%-18.959+19%38.870-141%208.703-108%
Price To Total Gains Ratio47.768-43%68.38867.782+1%104.058-34%124.453-45%384.775-82%
Quick Ratio--0.8370.8400%0.755+11%0.586+43%0.603+39%
Return On Assets--0.0060.006+11%0.007-5%0.010-38%0.013-52%
Return On Equity--0.0140.014+0%0.018-19%0.029-50%0.031-53%
Total Gains Per Share--0.1060.457-77%0.122-13%0.230-54%0.209-49%
Usd Book Value--784574638.346670961248.573+17%542266839.176+45%433468589.829+81%349558578.170+124%
Usd Book Value Change Per Share--0.0120.057-80%0.010+13%0.026-56%0.025-53%
Usd Book Value Per Share--0.7670.656+17%0.530+45%0.424+81%0.342+124%
Usd Dividend Per Share--0.0030.006-48%0.007-53%0.005-42%0.004-25%
Usd Eps--0.0110.009+19%0.009+19%0.011+4%0.008+31%
Usd Free Cash Flow---16006886.552-21614510.504+35%-38895791.286+143%-23803488.278+49%-17203222.728+7%
Usd Free Cash Flow Per Share---0.016-0.021+35%-0.038+143%-0.023+49%-0.019+19%
Usd Free Cash Flow To Equity Per Share---0.0160.026-160%0.003-657%0.008-299%0.003-686%
Usd Market Cap714764527.583-43%1023320210.8931145747512.547-11%1682527390.424-39%1775943816.833-42%2686428136.281-62%
Usd Price Per Share0.699-43%1.0011.120-11%1.645-39%1.737-42%2.627-62%
Usd Profit--11286480.9999495847.129+19%9494209.200+19%10854318.831+4%8598321.970+31%
Usd Revenue--178342346.304145330914.070+23%155667830.002+15%120396773.630+48%89096070.311+100%
Usd Total Gains Per Share--0.0150.063-77%0.017-13%0.032-54%0.029-49%
 EOD+3 -5MRQTTM+20 -15YOY+19 -165Y+18 -1710Y+17 -18

3.2. Fundamental Score

Let's check the fundamental score of Qingdao Tianneng Heavy Industries Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1515.832
Price to Book Ratio (EOD)Between0-10.911
Net Profit Margin (MRQ)Greater than00.063
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.837
Current Ratio (MRQ)Greater than11.821
Debt to Asset Ratio (MRQ)Less than10.560
Debt to Equity Ratio (MRQ)Less than11.283
Return on Equity (MRQ)Greater than0.150.014
Return on Assets (MRQ)Greater than0.050.006
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Qingdao Tianneng Heavy Industries Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.715
Ma 20Greater thanMa 505.292
Ma 50Greater thanMa 1005.283
Ma 100Greater thanMa 2006.179
OpenGreater thanClose4.950
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets12,885,736
Total Liabilities7,216,844
Total Stockholder Equity5,625,858
 As reported
Total Liabilities 7,216,844
Total Stockholder Equity+ 5,625,858
Total Assets = 12,885,736

Assets

Total Assets12,885,736
Total Current Assets7,075,108
Long-term Assets5,810,627
Total Current Assets
Cash And Cash Equivalents 1,321,819
Net Receivables 3,250,738
Inventory 1,597,171
Other Current Assets 233,384
Total Current Assets  (as reported)7,075,108
Total Current Assets  (calculated)6,403,112
+/- 671,997
Long-term Assets
Property Plant Equipment 4,925,680
Intangible Assets 201,672
Long-term Assets Other 566,281
Long-term Assets  (as reported)5,810,627
Long-term Assets  (calculated)5,693,633
+/- 116,995

Liabilities & Shareholders' Equity

Total Current Liabilities3,884,426
Long-term Liabilities3,332,418
Total Stockholder Equity5,625,858
Total Current Liabilities
Short Long Term Debt 629,956
Accounts payable 2,191,040
Other Current Liabilities 166,475
Total Current Liabilities  (as reported)3,884,426
Total Current Liabilities  (calculated)2,987,471
+/- 896,955
Long-term Liabilities
Long term Debt 2,283,589
Capital Lease Obligations Min Short Term Debt89,347
Long-term Liabilities Other 9,889
Long-term Liabilities  (as reported)3,332,418
Long-term Liabilities  (calculated)2,382,824
+/- 949,594
Total Stockholder Equity
Retained Earnings 1,708,974
Total Stockholder Equity (as reported)5,625,858
Total Stockholder Equity (calculated)1,708,974
+/- 3,916,884
Other
Capital Stock1,022,674
Common Stock Shares Outstanding 1,022,674
Net Debt 1,591,726
Net Invested Capital 8,539,403
Net Working Capital 3,190,683
Property Plant and Equipment Gross 4,925,680



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-06-302016-03-312015-12-312014-12-312013-12-312012-12-312011-12-31
> Total Assets 
739,436
820,531
1,131,582
1,153,191
1,422,791
0
1,314,695
2,100,701
2,161,458
2,124,716
2,225,705
2,474,793
3,153,124
3,180,977
3,377,263
3,265,160
3,760,947
4,962,738
5,228,599
5,817,129
6,123,390
7,039,983
7,656,927
7,603,468
7,895,310
9,053,526
9,987,940
9,871,831
9,406,570
10,694,848
11,082,586
11,164,792
10,949,120
12,817,668
12,885,736
12,885,73612,817,66810,949,12011,164,79211,082,58610,694,8489,406,5709,871,8319,987,9409,053,5267,895,3107,603,4687,656,9277,039,9836,123,3905,817,1295,228,5994,962,7383,760,9473,265,1603,377,2633,180,9773,153,1242,474,7932,225,7052,124,7162,161,4582,100,7011,314,69501,422,7911,153,1911,131,582820,531739,436
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
2,077,025
2,207,737
2,007,216
2,459,372
3,095,864
3,314,265
3,205,685
3,337,067
3,994,451
4,006,252
3,672,282
3,898,702
5,026,852
5,760,281
5,383,614
4,751,411
5,883,557
5,765,189
5,467,527
5,218,963
7,050,631
7,075,108
7,075,1087,050,6315,218,9635,467,5275,765,1895,883,5574,751,4115,383,6145,760,2815,026,8523,898,7023,672,2824,006,2523,994,4513,337,0673,205,6853,314,2653,095,8642,459,3722,007,2162,207,7372,077,0250000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
314,076
375,947
390,335
406,294
724,207
730,988
835,840
671,268
1,264,648
1,244,097
725,469
979,731
1,608,250
1,796,259
1,455,382
819,128
1,387,526
1,012,222
1,231,596
843,794
1,820,544
1,321,819
1,321,8191,820,544843,7941,231,5961,012,2221,387,526819,1281,455,3821,796,2591,608,250979,731725,4691,244,0971,264,648671,268835,840730,988724,207406,294390,335375,947314,0760000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
126,800
0
113,050
0
90,000
0
0
0
0
0
281,118
110,992
0
0
0
0
0
0
0
0
0
0
0000000000110,992281,1180000090,0000113,0500126,8000000000000000
       Net Receivables 
156,496
205,249
242,939
268,634
384,741
0
490,682
484,681
483,845
456,482
394,441
479,855
522,645
565,659
577,322
662,090
700,275
914,395
1,017,950
1,273,151
1,212,762
1,344,743
1,268,717
1,848,094
1,676,596
1,698,777
1,690,571
2,651,699
2,266,166
2,308,346
2,937,675
3,024,848
2,903,093
2,975,509
3,250,738
3,250,7382,975,5092,903,0933,024,8482,937,6752,308,3462,266,1662,651,6991,690,5711,698,7771,676,5961,848,0941,268,7171,344,7431,212,7621,273,1511,017,950914,395700,275662,090577,322565,659522,645479,855394,441456,482483,845484,681490,6820384,741268,634242,939205,249156,496
       Other Current Assets 
14,593
13,370
83,752
94,643
12,441
0
13,914
35,891
588,327
40,772
441,989
94,848
821,639
296,168
272,107
87,946
406,010
266,867
160,163
268,534
379,448
277,365
259,682
224,570
372,787
549,603
596,265
267,869
617,566
610,071
520,607
334,814
375,281
544,984
233,384
233,384544,984375,281334,814520,607610,071617,566267,869596,265549,603372,787224,570259,682277,365379,448268,534160,163266,867406,01087,946272,107296,168821,63994,848441,98940,772588,32735,89113,914012,44194,64383,75213,37014,593
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,301,576
1,866,873
1,914,334
2,611,444
2,786,324
3,045,532
3,650,675
3,931,186
3,996,609
4,026,674
4,227,659
4,488,218
4,655,158
4,811,291
5,317,397
5,697,265
5,730,156
5,767,037
5,810,627
5,810,6275,767,0375,730,1565,697,2655,317,3974,811,2914,655,1584,488,2184,227,6594,026,6743,996,6093,931,1863,650,6753,045,5322,786,3242,611,4441,914,3341,866,8731,301,5760000000000000000
       Property Plant Equipment 
113,522
108,227
136,030
140,583
144,821
0
149,540
145,678
145,812
149,192
157,496
563,262
611,585
663,524
892,553
935,883
943,370
1,486,957
1,512,092
2,160,962
2,281,068
2,635,284
2,877,991
3,468,268
3,606,432
3,620,897
3,651,703
3,954,096
3,979,714
4,010,967
4,428,367
4,834,768
4,824,016
4,877,857
4,925,680
4,925,6804,877,8574,824,0164,834,7684,428,3674,010,9673,979,7143,954,0963,651,7033,620,8973,606,4323,468,2682,877,9912,635,2842,281,0682,160,9621,512,0921,486,957943,370935,883892,553663,524611,585563,262157,496149,192145,812145,678149,5400144,821140,583136,030108,227113,522
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
40,000
45,010
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000045,01040,0000000000000000
       Intangible Assets 
28,261
42,238
47,805
63,745
73,135
0
100,885
101,457
100,888
100,319
99,749
111,208
116,816
115,473
126,295
127,850
127,160
105
130,609
131,006
131,425
147,007
177,868
192,321
189,686
189,041
198,177
199,630
197,095
197,587
196,191
201,053
203,515
203,286
201,672
201,672203,286203,515201,053196,191197,587197,095199,630198,177189,041189,686192,321177,868147,007131,425131,006130,609105127,160127,850126,295115,473116,816111,20899,749100,319100,888101,457100,885073,13563,74547,80542,23828,261
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
212,981
210,914
235,022
286,569
338,213
203,660
3,403,823
206,890
122,244
148,147
306,556
261,523
398,833
519,609
609,930
570,920
603,869
573,070
566,281
566,281573,070603,869570,920609,930519,609398,833261,523306,556148,147122,244206,8903,403,823203,660338,213286,569235,022210,914212,9810000000000000000
> Total Liabilities 
425,300
459,237
728,942
674,205
765,349
0
544,494
465,981
493,902
467,207
542,424
763,475
1,418,789
1,454,831
1,620,100
1,433,049
1,881,068
3,040,930
3,260,930
3,703,075
3,950,990
4,856,963
5,363,000
5,141,864
5,353,498
6,517,212
6,316,965
6,062,010
5,444,833
6,767,832
7,108,709
7,122,553
6,851,867
7,234,107
7,216,844
7,216,8447,234,1076,851,8677,122,5537,108,7096,767,8325,444,8336,062,0106,316,9656,517,2125,353,4985,141,8645,363,0004,856,9633,950,9903,703,0753,260,9303,040,9301,881,0681,433,0491,620,1001,454,8311,418,789763,475542,424467,207493,902465,981544,4940765,349674,205728,942459,237425,300
   > Total Current Liabilities 
425,300
459,237
728,942
674,205
765,349
0
544,494
465,981
493,902
467,207
542,424
763,475
1,418,789
1,454,831
1,620,100
1,433,049
1,658,751
2,384,374
2,614,314
2,775,687
3,014,078
3,559,222
3,877,621
3,164,446
3,356,025
4,342,751
4,159,960
3,668,414
2,556,114
3,520,316
3,896,756
3,734,791
3,241,793
3,640,370
3,884,426
3,884,4263,640,3703,241,7933,734,7913,896,7563,520,3162,556,1143,668,4144,159,9604,342,7513,356,0253,164,4463,877,6213,559,2223,014,0782,775,6872,614,3142,384,3741,658,7511,433,0491,620,1001,454,8311,418,789763,475542,424467,207493,902465,981544,4940765,349674,205728,942459,237425,300
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
642,000
527,000
570,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000570,000527,000642,0000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
642,000
527,000
570,000
640,000
649,900
1,075,950
1,059,338
849,778
1,459,189
1,859,070
1,199,936
1,000,686
671,447
914,988
1,049,833
1,240,470
1,100,638
826,871
629,956
629,956826,8711,100,6381,240,4701,049,833914,988671,4471,000,6861,199,9361,859,0701,459,189849,7781,059,3381,075,950649,900640,000570,000527,000642,0000000000000000000
       Accounts payable 
224,164
178,610
322,054
295,286
351,836
0
286,230
278,102
296,259
298,217
297,793
498,195
522,082
610,491
691,051
426,066
497,086
1,041,170
1,203,077
1,161,057
1,433,984
1,363,844
1,657,479
1,398,630
1,145,781
1,629,269
2,280,166
2,087,413
1,198,010
1,702,698
1,946,131
1,607,306
1,263,052
1,840,305
2,191,040
2,191,0401,840,3051,263,0521,607,3061,946,1311,702,6981,198,0102,087,4132,280,1661,629,2691,145,7811,398,6301,657,4791,363,8441,433,9841,161,0571,203,0771,041,170497,086426,066691,051610,491522,082498,195297,793298,217296,259278,102286,2300351,836295,286322,054178,610224,164
       Other Current Liabilities 
161,136
158,739
282,968
313,919
373,513
0
258,265
187,880
197,643
168,991
244,631
265,280
266,707
416,801
484,133
392,563
515,059
799,986
836,789
629,071
771,231
930,887
964,099
698,423
625,661
735,243
566,290
430,947
531,025
525,544
558,453
457,829
836,690
609,352
166,475
166,475609,352836,690457,829558,453525,544531,025430,947566,290735,243625,661698,423964,099930,887771,231629,071836,789799,986515,059392,563484,133416,801266,707265,280244,631168,991197,643187,880258,2650373,513313,919282,968158,739161,136
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
222,316
656,556
646,616
927,388
936,912
1,297,741
1,485,379
1,977,417
1,997,473
2,174,460
2,157,005
2,393,596
2,888,719
3,247,515
3,211,952
3,387,761
3,610,075
3,593,737
3,332,418
3,332,4183,593,7373,610,0753,387,7613,211,9523,247,5152,888,7192,393,5962,157,0052,174,4601,997,4731,977,4171,485,3791,297,741936,912927,388646,616656,556222,3160000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
222,316
656,556
0
0
0
382
1,015,379
11,327
11,390
11,092
11,094
1,010,441
1,274,700
12,586
16,972
16,813
1,014,344
18,753
0
018,7531,014,34416,81316,97212,5861,274,7001,010,44111,09411,09211,39011,3271,015,379382000656,556222,3160000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
687
1,590
1,019
705
21,259
20,396
744
1,182
19,435
27,867
7,858
21,510
4,785
7,748
9,921
9,390
8,908
10,016
9,393
0
10,456
0
010,45609,39310,0168,9089,3909,9217,7484,78521,5107,85827,86719,4351,18274420,39621,2597051,0191,5906870000000000000
> Total Stockholder Equity
314,136
352,090
391,261
464,848
637,459
657,442
747,017
1,611,071
1,643,548
1,633,743
1,653,186
1,675,313
1,697,406
1,686,749
1,716,179
1,758,724
1,804,444
1,842,263
1,907,777
2,055,066
2,109,812
2,111,941
2,206,713
2,424,131
2,504,112
2,499,515
3,633,326
3,771,466
3,921,755
3,885,768
3,931,178
4,001,957
4,055,999
5,541,353
5,625,858
5,625,8585,541,3534,055,9994,001,9573,931,1783,885,7683,921,7553,771,4663,633,3262,499,5152,504,1122,424,1312,206,7132,111,9412,109,8122,055,0661,907,7771,842,2631,804,4441,758,7241,716,1791,686,7491,697,4061,675,3131,653,1861,633,7431,643,5481,611,071747,017657,442637,459464,848391,261352,090314,136
   Common Stock
62,500
62,500
62,500
62,500
62,500
0
62,500
83,340
83,340
150,012
150,012
150,012
150,012
150,012
150,012
150,012
150,012
225,018
225,018
227,634
230,408
391,867
391,867
396,315
399,533
680,019
793,694
797,386
807,294
807,927
808,582
809,291
809,299
1,022,671
0
01,022,671809,299809,291808,582807,927807,294797,386793,694680,019399,533396,315391,867391,867230,408227,634225,018225,018150,012150,012150,012150,012150,012150,012150,012150,01283,34083,34062,500062,50062,50062,50062,50062,500
   Retained Earnings 
65,577
103,531
142,702
216,289
388,899
0
498,457
560,245
592,722
582,917
602,360
627,825
646,580
635,923
665,353
707,660
693,244
727,337
789,125
969,092
1,000,206
996,956
1,091,470
1,267,590
1,331,749
1,317,975
1,443,917
1,559,003
1,652,622
1,623,458
1,664,333
1,733,933
1,787,921
1,788,440
1,708,974
1,708,9741,788,4401,787,9211,733,9331,664,3331,623,4581,652,6221,559,0031,443,9171,317,9751,331,7491,267,5901,091,470996,9561,000,206969,092789,125727,337693,244707,660665,353635,923646,580627,825602,360582,917592,722560,245498,4570388,899216,289142,702103,53165,577
   Capital Surplus 00000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,163
0
131,175
131,385
130,969
130,357
128,745
139,569
130,088
130,076
130,070
130,057
129,850
0
0129,850130,057130,070130,076130,088139,569128,745130,357130,969131,385131,17502,163000000000000000000000



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 (+$)
totalRevenue4,200,315
Cost of Revenue-3,336,715
Gross Profit863,601863,601
 
Operating Income (+$)
Gross Profit863,601
Operating Expense-3,615,062
Operating Income585,253-2,751,462
 
Operating Expense (+$)
Research Development84,229
Selling General Administrative77,716
Selling And Marketing Expenses-
Operating Expense3,615,062161,945
 
Net Interest Income (+$)
Interest Income25,920
Interest Expense-206,998
Other Finance Cost-12,289
Net Interest Income-193,366
 
Pretax Income (+$)
Operating Income585,253
Net Interest Income-193,366
Other Non-Operating Income Expenses-
Income Before Tax (EBT)300,058585,253
EBIT - interestExpense = -206,998
274,446
481,444
Interest Expense206,998
Earnings Before Interest and Taxes (EBIT)-507,055
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax300,058
Tax Provision-22,267
Net Income From Continuing Ops277,791277,791
Net Income274,446
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-193,366
 

Technical Analysis of Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. The general trend of Qingdao Tianneng Heavy Industries Co Ltd 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 Qingdao Tianneng Heavy Industries 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 (-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 Qingdao Tianneng Heavy Industries Co Ltd.

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

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

The bullish price targets are: 5.54 < 5.62 < 5.76.

The bearish price targets are: 3.95.

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Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. 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 down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is 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 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

Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. The current macd is -0.04420336.

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 Qingdao Tianneng Heavy Industries Co Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Qingdao Tianneng Heavy Industries Co Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Qingdao Tianneng Heavy Industries Co Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Qingdao Tianneng Heavy Industries Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartQingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. The current adx is 17.49.

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 Qingdao Tianneng Heavy Industries Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. The current sar is 5.55030496.

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
Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. The current rsi is 42.72. 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
Qingdao Tianneng Heavy Industries Co Ltd Daily Relative Strength Index (RSI) ChartQingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. 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 Qingdao Tianneng Heavy Industries Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Qingdao Tianneng Heavy Industries Co Ltd Daily Stochastic Oscillator ChartQingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. The current cci is -125.35963831.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Qingdao Tianneng Heavy Industries Co Ltd Daily Commodity Channel Index (CCI) ChartQingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. The current cmo is -20.82193818.

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
Qingdao Tianneng Heavy Industries Co Ltd Daily Chande Momentum Oscillator (CMO) ChartQingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. The current willr is -85.07462687.

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
Qingdao Tianneng Heavy Industries Co Ltd Daily Williams %R ChartQingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd.

Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. The current atr is 0.20935628.

Qingdao Tianneng Heavy Industries Co Ltd Daily Average True Range (ATR) ChartQingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. The current obv is 193,555,402.

Qingdao Tianneng Heavy Industries Co Ltd Daily On-Balance Volume (OBV) ChartQingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries Co Ltd. The current mfi is 52.19.

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
Qingdao Tianneng Heavy Industries Co Ltd Daily Money Flow Index (MFI) ChartQingdao Tianneng Heavy Industries Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Qingdao Tianneng Heavy Industries 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
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH 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.
2023-12-12MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
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).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
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
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06DMI 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
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11STOCH 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
2024-03-13STOCH 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
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH 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
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26MACD 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.
2024-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Qingdao Tianneng Heavy Industries Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Qingdao Tianneng Heavy Industries Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.715
Ma 20Greater thanMa 505.292
Ma 50Greater thanMa 1005.283
Ma 100Greater thanMa 2006.179
OpenGreater thanClose4.950
Total1/5 (20.0%)
Penke

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