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Richinfo Technology Co Ltd Class A
Buy, Hold or Sell?

Let's analyse Richinfo together

PenkeI guess you are interested in Richinfo Technology Co Ltd Class A. 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 Richinfo Technology Co Ltd Class A. 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 Richinfo (30 sec.)










What can you expect buying and holding a share of Richinfo? (30 sec.)

How much money do you get?

How much money do you get?
¥0.03
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥5.96
Expected worth in 1 year
¥6.65
How sure are you?
95.0%

+ What do you gain per year?

Total Gains per Share
¥0.93
Return On Investment
4.9%

For what price can you sell your share?

Current Price per Share
¥19.13
Expected price per share
¥12.38 - ¥23.06
How sure are you?
50%

1. Valuation of Richinfo (5 min.)




Live pricePrice per Share (EOD)

¥19.13

Intrinsic Value Per Share

¥2.55 - ¥3.00

Total Value Per Share

¥8.51 - ¥8.96

2. Growth of Richinfo (5 min.)




Is Richinfo growing?

Current yearPrevious yearGrowGrow %
How rich?$367.9m$313.1m$44.2m12.4%

How much money is Richinfo making?

Current yearPrevious yearGrowGrow %
Making money$11.1m$7.7m$3.4m30.7%
Net Profit Margin22.5%19.1%--

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

3. Financial Health of Richinfo (5 min.)




What can you expect buying and holding a share of Richinfo? (5 min.)

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

What can you expect buying and holding a share of Richinfo?

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

Speculation

The Price per Share of Richinfo is ¥19.13. 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 Richinfo.
  • 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 Richinfo, 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 ¥5.96. Based on the TTM, the Book Value Change Per Share is ¥0.17 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.12 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 ¥0.06 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Richinfo.

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 Eps0.010.0%0.030.2%0.020.1%0.020.1%0.020.1%
Usd Book Value Change Per Share0.000.0%0.020.1%0.020.1%0.040.2%0.040.2%
Usd Dividend Per Share0.000.0%0.010.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.030.2%0.020.1%0.040.2%0.040.2%
Usd Price Per Share2.82-3.29-1.87-2.66-2.66-
Price to Earnings Ratio127.67-50.22-27.62-57.30-57.30-
Price-to-Total Gains Ratio3,988.43-1,076.07-104.49-105.07-105.07-
Price to Book Ratio3.44-4.14-2.67-4.86-4.86-
Price-to-Total Gains Ratio3,988.43-1,076.07-104.49-105.07-105.07-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.63994
Number of shares378
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.00
Usd Book Value Change Per Share0.020.04
Usd Total Gains Per Share0.030.04
Gains per Quarter (378 shares)12.1516.90
Gains per Year (378 shares)48.5967.60
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
112363956258
224738811124126
33710913716186194
44914618622249262
56118223527311330
67321828433373398
78525533338435466
89729138244497534
911032843149559602
1012236448055621670

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%20.00.00.0100.0%20.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%11.01.00.091.7%17.03.00.085.0%17.03.00.085.0%17.03.00.085.0%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%20.00.00.0100.0%20.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%19.01.00.095.0%19.01.00.095.0%

Fundamentals of Richinfo

About Richinfo Technology Co Ltd Class A

Richinfo Technology Co., Ltd. provides industrial Internet solutions and technical services in China. It offers RichMail, an MMS mail system; RichDrive, a multimedia enterprise network disk; RichOffice, a unified office platform; RichCSP, a multimedia 5G new message platform; RichAPM, an MMS application performance management system; RichTest, a multimedia automated test platform; RichDMP, an MMS data management platform; and RichMind, a color news precision marketing intelligent recommendation platform. The company also provides RichMMP, an integrated marketing resource management platform for color news; RichApp, an MMS mobile application portal; RichMedia, a new media operation and management platform for color news; RichData, a big data intelligent analysis platform; RichMessage, an MMS message management platform; RichADI, a color news mobile application data insight system; RichEDM, an MMS mail delivery platform; and RichMail Antispam, an MMS anti-spam security gateway. It provides its solutions for operators, financial insurance, government business and organization, electric and energy, enterprise, educational institution, and retail and logistics industries. The company was formerly known as Shenzhen Richinfo Technology Limited and changed its name to Richinfo Technology Co., Ltd. in June 2016. Richinfo Technology Co., Ltd. was founded in 2004 and is headquartered in Shenzhen, China.

Fundamental data was last updated by Penke on 2024-04-23 07:27:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Richinfo Technology Co Ltd Class A.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Richinfo earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Richinfo to the Software - Application industry mean.
  • A Net Profit Margin of 4.5% means that ¥0.04 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Richinfo Technology Co Ltd Class A:

  • The MRQ is 4.5%. The company is making a profit. +1
  • The TTM is 22.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ4.5%TTM22.5%-18.1%
TTM22.5%YOY19.1%+3.5%
TTM22.5%5Y19.0%+3.6%
5Y19.0%10Y19.0%0.0%
1.1.2. Return on Assets

Shows how efficient Richinfo is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Richinfo to the Software - Application industry mean.
  • 0.6% Return on Assets means that Richinfo generated ¥0.01 profit for each $1 in assets.

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

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 2.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.6%TTM2.6%-2.1%
TTM2.6%YOY2.1%+0.6%
TTM2.6%5Y2.0%+0.6%
5Y2.0%10Y2.0%0.0%
1.1.3. Return on Equity

Shows how efficient Richinfo is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Richinfo to the Software - Application industry mean.
  • 0.7% Return on Equity means Richinfo generated ¥0.01 for each ¥1 the owners (shareholders) invested.

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

  • The MRQ is 0.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM3.2%-2.5%
TTM3.2%YOY2.6%+0.7%
TTM3.2%5Y2.5%+0.7%
5Y2.5%10Y2.5%0.0%

1.2. Operating Efficiency of Richinfo Technology Co Ltd Class A.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Richinfo is operating .

  • Measures how much profit Richinfo 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 Richinfo 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 Richinfo Technology Co Ltd Class A:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM7.6%-7.6%
TTM7.6%YOY15.0%-7.3%
TTM7.6%5Y15.3%-7.6%
5Y15.3%10Y15.3%0.0%
1.2.2. Operating Ratio

Measures how efficient Richinfo is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 1.64 means that the operating costs are ¥1.64 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Richinfo Technology Co Ltd Class A:

  • The MRQ is 1.644. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.475. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.644TTM1.475+0.169
TTM1.475YOY1.412+0.063
TTM1.4755Y1.408+0.066
5Y1.40810Y1.4080.000

1.3. Liquidity of Richinfo Technology Co Ltd Class A.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Richinfo 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 4.46 means the company has ¥4.46 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Richinfo Technology Co Ltd Class A:

  • The MRQ is 4.458. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.715. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.458TTM4.715-0.257
TTM4.715YOY5.113-0.398
TTM4.7155Y4.836-0.121
5Y4.83610Y4.8360.000
1.3.2. Quick Ratio

Measures if Richinfo is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Richinfo to the Software - Application industry mean.
  • A Quick Ratio of 0.68 means the company can pay off ¥0.68 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Richinfo Technology Co Ltd Class A:

  • The MRQ is 0.682. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.378. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ0.682TTM1.378-0.696
TTM1.378YOY2.531-1.153
TTM1.3785Y2.545-1.167
5Y2.54510Y2.5450.000

1.4. Solvency of Richinfo Technology Co Ltd Class A.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Richinfo assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Richinfo to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.17 means that Richinfo assets are financed with 17.4% credit (debt) and the remaining percentage (100% - 17.4%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.174. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.169. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.174TTM0.169+0.005
TTM0.169YOY0.163+0.006
TTM0.1695Y0.170-0.001
5Y0.17010Y0.1700.000
1.4.2. Debt to Equity Ratio

Measures if Richinfo is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Richinfo to the Software - Application industry mean.
  • A Debt to Equity ratio of 21.6% means that company has ¥0.22 debt for each ¥1 in shareholders equity.

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

  • The MRQ is 0.216. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.209. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.216TTM0.209+0.007
TTM0.209YOY0.202+0.007
TTM0.2095Y0.213-0.003
5Y0.21310Y0.2130.000

2. Market Valuation of Richinfo Technology Co Ltd Class A

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 Richinfo generates.

  • Above 15 is considered overpriced but always compare Richinfo to the Software - Application industry mean.
  • A PE ratio of 127.67 means the investor is paying ¥127.67 for every ¥1 in earnings.

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

  • The EOD is 119.312. Based on the earnings, the company is expensive. -2
  • The MRQ is 127.670. Based on the earnings, the company is expensive. -2
  • The TTM is 50.222. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD119.312MRQ127.670-8.357
MRQ127.670TTM50.222+77.448
TTM50.222YOY27.618+22.604
TTM50.2225Y57.303-7.082
5Y57.30310Y57.3030.000
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 27.371. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 29.289. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 22.663. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD27.371MRQ29.289-1.917
MRQ29.289TTM22.663+6.626
TTM22.663YOY-1.544+24.207
TTM22.6635Y166.428-143.765
5Y166.42810Y166.4280.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Richinfo 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 3.44 means the investor is paying ¥3.44 for each ¥1 in book value.

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

  • The EOD is 3.212. Based on the equity, the company is fair priced.
  • The MRQ is 3.437. Based on the equity, the company is fair priced.
  • The TTM is 4.144. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.212MRQ3.437-0.225
MRQ3.437TTM4.144-0.707
TTM4.144YOY2.668+1.476
TTM4.1445Y4.855-0.711
5Y4.85510Y4.8550.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Richinfo Technology Co Ltd Class A 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--0.0000.175-100%0.117-100%0.298-100%0.298-100%
Book Value Per Share--5.9565.784+3%5.069+18%4.294+39%4.294+39%
Current Ratio--4.4584.715-5%5.113-13%4.836-8%4.836-8%
Debt To Asset Ratio--0.1740.169+3%0.163+7%0.170+2%0.170+2%
Debt To Equity Ratio--0.2160.209+3%0.202+7%0.213+2%0.213+2%
Dividend Per Share--0.0050.058-91%0.018-70%0.026-80%0.026-80%
Eps--0.0400.254-84%0.126-68%0.123-67%0.123-67%
Free Cash Flow Per Share--0.1750.077+127%0.052+239%0.044+298%0.044+298%
Free Cash Flow To Equity Per Share--0.1750.062+180%0.031+459%0.080+118%0.080+118%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--3.001--------
Intrinsic Value_10Y_min--2.550--------
Intrinsic Value_1Y_max--0.184--------
Intrinsic Value_1Y_min--0.181--------
Intrinsic Value_3Y_max--0.642--------
Intrinsic Value_3Y_min--0.611--------
Intrinsic Value_5Y_max--1.207--------
Intrinsic Value_5Y_min--1.113--------
Market Cap8563601736.960-7%9163462027.50010663098628.995-14%6056744981.760+51%8639479791.015+6%8639479791.015+6%
Net Profit Margin--0.0450.225-80%0.191-77%0.190-77%0.190-77%
Operating Margin---0.076-100%0.150-100%0.153-100%0.153-100%
Operating Ratio--1.6441.475+11%1.412+16%1.408+17%1.408+17%
Pb Ratio3.212-7%3.4374.144-17%2.668+29%4.855-29%4.855-29%
Pe Ratio119.312-7%127.67050.222+154%27.618+362%57.303+123%57.303+123%
Price Per Share19.130-7%20.47023.820-14%13.530+51%19.300+6%19.300+6%
Price To Free Cash Flow Ratio27.371-7%29.28922.663+29%-1.544+105%166.428-82%166.428-82%
Price To Total Gains Ratio3727.341-7%3988.4301076.066+271%104.486+3717%105.071+3696%105.071+3696%
Quick Ratio--0.6821.378-51%2.531-73%2.545-73%2.545-73%
Return On Assets--0.0060.026-79%0.021-73%0.020-73%0.020-73%
Return On Equity--0.0070.032-79%0.026-73%0.025-73%0.025-73%
Total Gains Per Share--0.0050.233-98%0.135-96%0.324-98%0.324-98%
Usd Book Value--367964616.126357339519.610+3%313121114.199+18%265241628.660+39%265241628.660+39%
Usd Book Value Change Per Share--0.0000.024-100%0.016-100%0.041-100%0.041-100%
Usd Book Value Per Share--0.8220.798+3%0.699+18%0.593+39%0.593+39%
Usd Dividend Per Share--0.0010.008-91%0.002-70%0.004-80%0.004-80%
Usd Eps--0.0060.035-84%0.017-68%0.017-67%0.017-67%
Usd Free Cash Flow--10793915.8254757752.743+127%3182153.586+239%2709221.556+298%2709221.556+298%
Usd Free Cash Flow Per Share--0.0240.011+127%0.007+239%0.006+298%0.006+298%
Usd Free Cash Flow To Equity Per Share--0.0240.009+180%0.004+459%0.011+118%0.011+118%
Usd Market Cap1181777039.700-7%1264557759.7951471507610.801-14%835830807.483+51%1192248211.160+6%1192248211.160+6%
Usd Price Per Share2.640-7%2.8253.287-14%1.867+51%2.663+6%2.663+6%
Usd Profit--2476224.89811199745.738-78%7764027.866-68%6680525.518-63%6680525.518-63%
Usd Revenue--55633340.98251626064.340+8%41241828.762+35%34847710.635+60%34847710.635+60%
Usd Total Gains Per Share--0.0010.032-98%0.019-96%0.045-98%0.045-98%
 EOD+4 -4MRQTTM+12 -23YOY+13 -225Y+15 -2010Y+15 -20

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15119.312
Price to Book Ratio (EOD)Between0-13.212
Net Profit Margin (MRQ)Greater than00.045
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.682
Current Ratio (MRQ)Greater than14.458
Debt to Asset Ratio (MRQ)Less than10.174
Debt to Equity Ratio (MRQ)Less than10.216
Return on Equity (MRQ)Greater than0.150.007
Return on Assets (MRQ)Greater than0.050.006
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.763
Ma 20Greater thanMa 5017.967
Ma 50Greater thanMa 10018.203
Ma 100Greater thanMa 20018.767
OpenGreater thanClose18.260
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets3,229,222
Total Liabilities562,812
Total Stockholder Equity2,604,951
 As reported
Total Liabilities 562,812
Total Stockholder Equity+ 2,604,951
Total Assets = 3,229,222

Assets

Total Assets3,229,222
Total Current Assets2,338,159
Long-term Assets891,063
Total Current Assets
Cash And Cash Equivalents 1,204,518
Short-term Investments 81,136
Net Receivables 276,504
Inventory 121,160
Other Current Assets 21,046
Total Current Assets  (as reported)2,338,159
Total Current Assets  (calculated)1,704,364
+/- 633,795
Long-term Assets
Property Plant Equipment 77,450
Goodwill 16,624
Intangible Assets 62,686
Long-term Assets  (as reported)891,063
Long-term Assets  (calculated)156,761
+/- 734,302

Liabilities & Shareholders' Equity

Total Current Liabilities524,495
Long-term Liabilities38,317
Total Stockholder Equity2,604,951
Total Current Liabilities
Short Long Term Debt 16,222
Accounts payable 199,888
Other Current Liabilities 3,194
Total Current Liabilities  (as reported)524,495
Total Current Liabilities  (calculated)219,303
+/- 305,192
Long-term Liabilities
Long term Debt 18,026
Capital Lease Obligations Min Short Term Debt3,674
Long-term Liabilities  (as reported)38,317
Long-term Liabilities  (calculated)21,699
+/- 16,618
Total Stockholder Equity
Retained Earnings 1,036,996
Total Stockholder Equity (as reported)2,604,951
Total Stockholder Equity (calculated)1,036,996
+/- 1,567,955
Other
Capital Stock447,653
Common Stock Shares Outstanding 447,653
Net Invested Capital 2,639,198
Net Working Capital 1,813,664
Property Plant and Equipment Gross 77,450



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
1,639,055
1,631,118
1,645,641
1,716,278
1,776,986
1,763,891
1,741,902
1,793,281
1,796,982
2,367,995
2,481,332
2,540,525
2,560,727
2,669,022
2,752,338
2,870,452
2,939,966
3,100,839
3,192,700
3,229,222
3,229,2223,192,7003,100,8392,939,9662,870,4522,752,3382,669,0222,560,7272,540,5252,481,3322,367,9951,796,9821,793,2811,741,9021,763,8911,776,9861,716,2781,645,6411,631,1181,639,055
   > Total Current Assets 
988,971
984,912
1,000,054
1,057,339
1,123,999
1,117,026
1,048,366
1,063,682
1,031,246
1,605,162
1,732,441
1,803,432
1,824,993
1,926,210
2,003,991
2,107,792
2,181,833
2,183,943
2,270,111
2,338,159
2,338,1592,270,1112,183,9432,181,8332,107,7922,003,9911,926,2101,824,9931,803,4321,732,4411,605,1621,031,2461,063,6821,048,3661,117,0261,123,9991,057,3391,000,054984,912988,971
       Cash And Cash Equivalents 
281,372
314,201
136,023
544,679
258,367
358,247
171,029
358,518
251,384
312,795
390,349
914,295
670,109
644,985
669,568
1,033,622
991,276
1,011,688
1,039,200
1,204,518
1,204,5181,039,2001,011,688991,2761,033,622669,568644,985670,109914,295390,349312,795251,384358,518171,029358,247258,367544,679136,023314,201281,372
       Short-term Investments 
337
203,151
384,364
188,793
470,475
378,840
447,947
302,693
333,317
718,381
715,505
203,200
374,868
359,474
346,254
154,629
158,685
150,023
161,884
81,136
81,136161,884150,023158,685154,629346,254359,474374,868203,200715,505718,381333,317302,693447,947378,840470,475188,793384,364203,151337
       Net Receivables 
387,343
393,468
388,551
290,381
328,776
309,914
349,362
330,297
342,010
433,215
458,581
495,576
576,475
684,229
705,909
634,182
701,980
768,825
273,945
276,504
276,504273,945768,825701,980634,182705,909684,229576,475495,576458,581433,215342,010330,297349,362309,914328,776290,381388,551393,468387,343
       Inventory 
39,577
41,638
45,199
21,078
54,845
58,250
66,878
60,165
72,104
79,341
106,456
115,070
107,724
115,130
145,922
158,214
132,349
133,454
123,951
121,160
121,160123,951133,454132,349158,214145,922115,130107,724115,070106,45679,34172,10460,16566,87858,25054,84521,07845,19941,63839,577
       Other Current Assets 
252,071
4,491
529
12,407
11,536
11,774
13,150
12,009
32,432
61,430
61,549
75,291
95,817
122,393
136,337
127,145
197,543
119,954
17,618
21,046
21,04617,618119,954197,543127,145136,337122,39395,81775,29161,54961,43032,43212,00913,15011,77411,53612,4075294,491252,071
   > Long-term Assets 
650,084
646,205
645,587
658,939
652,987
646,865
693,535
729,599
765,736
762,833
748,891
737,093
735,734
742,812
748,347
762,660
758,132
916,896
922,589
891,063
891,063922,589916,896758,132762,660748,347742,812735,734737,093748,891762,833765,736729,599693,535646,865652,987658,939645,587646,205650,084
       Property Plant Equipment 
273,918
241,908
223,011
141,337
151,889
174,750
122,582
120,145
148,309
134,364
121,523
93,529
89,399
91,404
92,311
89,600
85,105
79,254
82,705
77,450
77,45082,70579,25485,10589,60092,31191,40489,39993,529121,523134,364148,309120,145122,582174,750151,889141,337223,011241,908273,918
       Goodwill 
49,200
49,200
49,200
41,456
41,456
41,456
41,456
41,456
41,456
41,456
43,234
41,456
41,456
41,456
41,456
41,456
41,456
41,456
41,456
16,624
16,62441,45641,45641,45641,45641,45641,45641,45641,45643,23441,45641,45641,45641,45641,45641,45641,45649,20049,20049,200
       Intangible Assets 
22,329
709
17,256
10,807
11,669
13,553
9,217
9,360
8,155
6,919
5,137
5,267
12,708
19,692
27,424
32,766
38,104
46,785
55,275
62,686
62,68655,27546,78538,10432,76627,42419,69212,7085,2675,1376,9198,1559,3609,21713,55311,66910,80717,25670922,329
       Other Assets 
218,822
250,063
270,230
353,772
335,090
303,435
354,363
350,637
359,485
372,467
391,534
468,754
463,735
404,108
424,403
469,785
0
392,395
0
0
00392,3950469,785424,403404,108463,735468,754391,534372,467359,485350,637354,363303,435335,090353,772270,230250,063218,822
> Total Liabilities 
327,466
324,476
308,978
309,997
373,700
339,608
289,586
281,821
263,405
296,335
376,470
395,968
375,508
418,618
465,933
516,505
523,835
492,225
526,187
562,812
562,812526,187492,225523,835516,505465,933418,618375,508395,968376,470296,335263,405281,821289,586339,608373,700309,997308,978324,476327,466
   > Total Current Liabilities 
232,732
237,525
227,078
231,000
300,082
270,139
224,502
221,307
197,501
238,506
317,065
343,200
309,044
367,017
418,776
467,153
483,176
434,189
467,446
524,495
524,495467,446434,189483,176467,153418,776367,017309,044343,200317,065238,506197,501221,307224,502270,139300,082231,000227,078237,525232,732
       Short Long Term Debt 
0
0
0
0
33,000
33,039
0
0
0
0
3,000
3,000
6,880
6,560
11,820
11,342
24,284
20,700
13,800
16,222
16,22213,80020,70024,28411,34211,8206,5606,8803,0003,000000033,03933,0000000
       Accounts payable 
135,358
125,434
119,270
114,189
147,603
112,166
108,110
64,723
57,993
76,994
83,760
74,978
101,009
119,528
130,633
132,901
174,005
154,723
147,244
199,888
199,888147,244154,723174,005132,901130,633119,528101,00974,97883,76076,99457,99364,723108,110112,166147,603114,189119,270125,434135,358
       Other Current Liabilities 
15,530
16,432
17,075
32,533
73,765
53,960
73,692
64,630
88,700
75,680
177,885
145,330
145,124
125,528
179,893
169,846
175,454
110,684
663
3,194
3,194663110,684175,454169,846179,893125,528145,124145,330177,88575,68088,70064,63073,69253,96073,76532,53317,07516,43215,530
   > Long-term Liabilities 
94,735
86,951
81,900
78,997
73,618
69,470
65,085
60,514
65,904
57,830
59,405
52,769
66,464
51,601
47,157
49,352
40,659
58,037
58,741
38,317
38,31758,74158,03740,65949,35247,15751,60166,46452,76959,40557,83065,90460,51465,08569,47073,61878,99781,90086,95194,735
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
11,280
6,456
9,660
7,592
5,019
7,911
7,600
5,913
4,679
2,292
5,315
3,674
3,6745,3152,2924,6795,9137,6007,9115,0197,5929,6606,45611,28000000000
       Long-term Liabilities Other 
90,059
85,951
81,200
76,579
71,820
67,051
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000067,05171,82076,57981,20085,95190,059
       Deferred Long Term Liability 
949
866
677
444
304
228
1,441
3,144
3,061
3,054
5,164
5,235
4,647
4,495
29,033
4,194
0
11,980
0
0
0011,98004,19429,0334,4954,6475,2355,1643,0543,0613,1441,441228304444677866949
> Total Stockholder Equity
1,268,575
1,260,974
1,290,672
1,359,077
1,355,139
1,373,262
1,399,681
1,459,138
1,480,361
2,013,892
2,027,302
2,070,529
2,112,189
2,177,093
2,211,423
2,278,646
2,340,426
2,534,706
2,592,320
2,604,951
2,604,9512,592,3202,534,7062,340,4262,278,6462,211,4232,177,0932,112,1892,070,5292,027,3022,013,8921,480,3611,459,1381,399,6811,373,2621,355,1391,359,0771,290,6721,260,9741,268,575
   Common Stock
400,010
400,010
400,010
400,010
400,010
400,010
400,010
400,010
400,010
444,011
444,011
444,011
444,011
444,011
444,011
444,011
444,011
447,653
0
0
00447,653444,011444,011444,011444,011444,011444,011444,011444,011400,010400,010400,010400,010400,010400,010400,010400,010400,010
   Retained Earnings 
368,682
363,372
397,049
476,157
471,683
490,542
517,218
566,492
587,708
628,298
644,045
688,979
730,652
788,345
822,301
887,382
948,026
1,092,704
1,030,916
1,036,996
1,036,9961,030,9161,092,704948,026887,382822,301788,345730,652688,979644,045628,298587,708566,492517,218490,542471,683476,157397,049363,372368,682
   Accumulated Other Comprehensive Income 00000000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000



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 (+$)
totalRevenue1,496,408
Cost of Revenue-917,840
Gross Profit578,568578,568
 
Operating Income (+$)
Gross Profit578,568
Operating Expense-1,295,761
Operating Income200,647-717,193
 
Operating Expense (+$)
Research Development261,624
Selling General Administrative78,298
Selling And Marketing Expenses0
Operating Expense1,295,761339,922
 
Net Interest Income (+$)
Interest Income22,859
Interest Expense-3,268
Other Finance Cost-114
Net Interest Income19,477
 
Pretax Income (+$)
Operating Income200,647
Net Interest Income19,477
Other Non-Operating Income Expenses0
Income Before Tax (EBT)344,097200,647
EBIT - interestExpense = -3,268
324,630
327,898
Interest Expense3,268
Earnings Before Interest and Taxes (EBIT)0347,365
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax344,097
Tax Provision-23,043
Net Income From Continuing Ops321,054321,054
Net Income324,630
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-19,477
 

Technical Analysis of Richinfo
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 Richinfo. The general trend of Richinfo is BEARISH 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 Richinfo'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 Richinfo Technology Co Ltd Class A.

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: 19.69 < 22.73 < 23.06.

The bearish price targets are: 15.85 > 12.70 > 12.38.

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Richinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A. The current mas is .

The long score for the Moving Averages is 5/14.
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 lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending 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 down: The MA 100 is trending down. -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 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

Richinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A. The current macd is -0.22981086.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Richinfo price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Richinfo. 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 Richinfo 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 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
Richinfo Technology Co Ltd Class A Daily Moving Average Convergence/Divergence (MACD) ChartRichinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A. The current adx is 17.49.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 Richinfo shares, leading to potential upward 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.
Richinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A. The current sar is 15.85.

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
Richinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A. The current rsi is 56.76. The current phase is Correction in bear 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).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Richinfo Technology Co Ltd Class A Daily Relative Strength Index (RSI) ChartRichinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A. The current phase is Overbought in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +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 Richinfo price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Richinfo Technology Co Ltd Class A Daily Stochastic Oscillator ChartRichinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A. The current cci is 78.56.

Richinfo Technology Co Ltd Class A Daily Commodity Channel Index (CCI) ChartRichinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A. The current cmo is 24.93.

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
Richinfo Technology Co Ltd Class A Daily Chande Momentum Oscillator (CMO) ChartRichinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A. The current willr is -7.08215297.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Richinfo Technology Co Ltd Class A Daily Williams %R ChartRichinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A.

Richinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A. The current atr is 1.01895667.

Richinfo Technology Co Ltd Class A Daily Average True Range (ATR) ChartRichinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A. The current obv is 473,783,644.

Richinfo Technology Co Ltd Class A Daily On-Balance Volume (OBV) ChartRichinfo Technology Co Ltd Class A 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 Richinfo Technology Co Ltd Class A. The current mfi is 52.54.

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
Richinfo Technology Co Ltd Class A Daily Money Flow Index (MFI) ChartRichinfo Technology Co Ltd Class A Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Richinfo Technology Co Ltd Class A.

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
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
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
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16WILLR 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
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.
2024-01-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22DMI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2024-02-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
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.
2024-03-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-25ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-16STOCH 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).
2024-04-17STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Richinfo Technology Co Ltd Class A Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.763
Ma 20Greater thanMa 5017.967
Ma 50Greater thanMa 10018.203
Ma 100Greater thanMa 20018.767
OpenGreater thanClose18.260
Total1/5 (20.0%)
Penke

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