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Longshine Technology Co Ltd
Buy, Hold or Sell?

Let's analyse Longshine together

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

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

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

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Quick analysis of Longshine (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
¥6.86
Expected worth in 1 year
¥7.61
How sure are you?
94.7%

+ What do you gain per year?

Total Gains per Share
¥0.85
Return On Investment
7.3%

For what price can you sell your share?

Current Price per Share
¥11.64
Expected price per share
¥9.01 - ¥16.45
How sure are you?
50%

1. Valuation of Longshine (5 min.)




Live pricePrice per Share (EOD)

¥11.64

Intrinsic Value Per Share

¥-5.99 - ¥-7.26

Total Value Per Share

¥0.87 - ¥-0.40

2. Growth of Longshine (5 min.)




Is Longshine growing?

Current yearPrevious yearGrowGrow %
How rich?$1b$909m$97.2m9.7%

How much money is Longshine making?

Current yearPrevious yearGrowGrow %
Making money$14.9m$32.8m-$17.9m-119.9%
Net Profit Margin8.3%15.2%--

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

3. Financial Health of Longshine (5 min.)




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

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

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

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

Speculation

The Price per Share of Longshine is ¥11.64. 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 Longshine.
  • 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 Longshine, 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 ¥6.86. Based on the TTM, the Book Value Change Per Share is ¥0.19 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.25 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 ¥0.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Longshine.

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 Eps0.010.1%0.010.1%0.030.3%0.020.2%0.020.2%
Usd Book Value Change Per Share0.010.1%0.030.2%0.030.3%0.050.4%0.050.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.010.1%0.030.3%0.040.3%0.050.5%0.050.5%
Usd Price Per Share2.66-3.16-3.86-3.09-3.09-
Price to Earnings Ratio44.55-133.13-68.53-76.33-76.33-
Price-to-Total Gains Ratio428.91-178.73-812.64-312.59-312.59-
Price to Book Ratio2.81-3.45-4.66-5.05-5.05-
Price-to-Total Gains Ratio428.91-178.73-812.64-312.59-312.59-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.610976
Number of shares620
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.030.05
Usd Total Gains Per Share0.030.05
Gains per Quarter (620 shares)18.1832.87
Gains per Year (620 shares)72.71131.49
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1865638124121
21513013615248252
32319520923372383
43126028231495514
53832535538619645
64639042846743776
75445550153867907
861520574619911038
9695856476911151169
10776507207612391300

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%18.01.00.094.7%18.01.00.094.7%18.01.00.094.7%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%16.03.00.084.2%16.03.00.084.2%16.03.00.084.2%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%19.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%18.01.00.094.7%18.01.00.094.7%18.01.00.094.7%

Fundamentals of Longshine

About Longshine Technology Co Ltd

Longshine Technology Group Co., Ltd. operates as a software and technology company in China and internationally. It provides living payment platform that provides easy-to-operate daily living payment and service experiences, including running water fee payment, electric power charge payment, gas payment, community property management fee payment and broadcasting, and TV broadband fee payment to various ordinary people, traditional public utilities, and enterprises; OTTTV Solution, a household intelligent internet solution; sports management service platform, a basic information technology application support system; intelligent travel solution, a transport solution; and digital intelligence class for analyses of teachers' and students' pain points. The company also offers city operation center, a central system of operation and commanding center; Intelligent community, a property management service platform; Beijing all-in-one system, an app for urban services; and all-in-one system for governments and enterprises solution. In addition, it offers LS-EnergyPack, an AMI end-to-end solution; marketing audit and monitoring system 2.0, marketing application system, and marketing, power distribution and scheduling integration application; comprehensive energy service integration platform, a PaaS cloud platform; marketized power sales system; Intelligent electric power affairs cloud platform; HanClouds industrial internet platform; digital finance service platform; new electricity approach, a new-generation intelligent urban compound charging service platform; intelligent irrigation solution; and single window standard edition, a national-level foreign trade service platform. Further, the company offers technology and business research, as well as information, management, and business consulting services. The company was formerly known as LongShine Technology Co., Ltd. Longshine Technology Group Co., Ltd. was founded in 1996 and is headquartered in Wuxi, China.

Fundamental data was last updated by Penke on 2024-03-11 03:38:03.

Financial Health

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

1.1. Profitability of Longshine Technology Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Longshine to the Software - Application industry mean.
  • A Net Profit Margin of 10.8% means that ¥0.11 for each ¥1 in revenue is generated as profit.

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

  • The MRQ is 10.8%. The company is making a huge profit. +2
  • The TTM is 8.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ10.8%TTM8.3%+2.5%
TTM8.3%YOY15.2%-6.9%
TTM8.3%5Y12.5%-4.2%
5Y12.5%10Y12.5%0.0%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Longshine to the Software - Application industry mean.
  • 1.3% Return on Assets means that Longshine generated ¥0.01 profit for each $1 in assets.

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

  • The MRQ is 1.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.3%TTM1.1%+0.1%
TTM1.1%YOY2.7%-1.6%
TTM1.1%5Y2.4%-1.3%
5Y2.4%10Y2.4%0.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Longshine to the Software - Application industry mean.
  • 1.6% Return on Equity means Longshine generated ¥0.02 for each ¥1 the owners (shareholders) invested.

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

  • The MRQ is 1.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.6%TTM1.5%+0.1%
TTM1.5%YOY3.7%-2.2%
TTM1.5%5Y3.1%-1.6%
5Y3.1%10Y3.1%0.0%

1.2. Operating Efficiency of Longshine Technology Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Longshine is operating .

  • Measures how much profit Longshine 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 Longshine 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 Longshine Technology Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.8%-0.8%
TTM0.8%YOY10.9%-10.1%
TTM0.8%5Y9.1%-8.3%
5Y9.1%10Y9.1%0.0%
1.2.2. Operating Ratio

Measures how efficient Longshine is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 1.42 means that the operating costs are ¥1.42 for each ¥1 in net sales.

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

  • The MRQ is 1.424. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.523. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.424TTM1.523-0.099
TTM1.523YOY1.455+0.067
TTM1.5235Y1.516+0.006
5Y1.51610Y1.5160.000

1.3. Liquidity of Longshine Technology Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Longshine 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 3.94 means the company has ¥3.94 in assets for each ¥1 in short-term debts.

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

  • The MRQ is 3.940. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.872. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.940TTM3.872+0.068
TTM3.872YOY4.006-0.134
TTM3.8725Y3.978-0.106
5Y3.97810Y3.9780.000
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Longshine to the Software - Application industry mean.
  • A Quick Ratio of 1.31 means the company can pay off ¥1.31 for each ¥1 in debt (using most liquid assets).

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

  • The MRQ is 1.310. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 2.030. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.310TTM2.030-0.720
TTM2.030YOY2.426-0.395
TTM2.0305Y2.076-0.045
5Y2.07610Y2.0760.000

1.4. Solvency of Longshine Technology Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Longshine to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.20 means that Longshine assets are financed with 20.3% credit (debt) and the remaining percentage (100% - 20.3%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.203. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.237. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.203TTM0.237-0.035
TTM0.237YOY0.260-0.023
TTM0.2375Y0.236+0.001
5Y0.23610Y0.2360.000
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Longshine to the Software - Application industry mean.
  • A Debt to Equity ratio of 25.7% means that company has ¥0.26 debt for each ¥1 in shareholders equity.

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

  • The MRQ is 0.257. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.319. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.257TTM0.319-0.062
TTM0.319YOY0.357-0.038
TTM0.3195Y0.319+0.000
5Y0.31910Y0.3190.000

2. Market Valuation of Longshine Technology Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings Longshine generates.

  • Above 15 is considered overpriced but always compare Longshine to the Software - Application industry mean.
  • A PE ratio of 44.55 means the investor is paying ¥44.55 for every ¥1 in earnings.

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

  • The EOD is 26.938. Based on the earnings, the company is overpriced. -1
  • The MRQ is 44.549. Based on the earnings, the company is overpriced. -1
  • The TTM is 133.129. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD26.938MRQ44.549-17.611
MRQ44.549TTM133.129-88.580
TTM133.129YOY68.532+64.597
TTM133.1295Y76.331+56.798
5Y76.33110Y76.3310.000
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 9,265.430. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 15,322.984. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 3,792.535. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD9,265.430MRQ15,322.984-6,057.554
MRQ15,322.984TTM3,792.535+11,530.449
TTM3,792.535YOY-63.449+3,855.983
TTM3,792.5355Y791.277+3,001.257
5Y791.27710Y791.2770.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Longshine 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 2.81 means the investor is paying ¥2.81 for each ¥1 in book value.

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

  • The EOD is 1.698. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.808. Based on the equity, the company is underpriced. +1
  • The TTM is 3.449. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD1.698MRQ2.808-1.110
MRQ2.808TTM3.449-0.642
TTM3.449YOY4.660-1.211
TTM3.4495Y5.046-1.596
5Y5.04610Y5.0460.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0420.189-78%0.248-83%0.361-88%0.361-88%
Book Value Per Share--6.8566.629+3%5.989+14%5.094+35%5.094+35%
Current Ratio--3.9403.872+2%4.006-2%3.978-1%3.978-1%
Debt To Asset Ratio--0.2030.237-15%0.260-22%0.236-14%0.236-14%
Debt To Equity Ratio--0.2570.319-19%0.357-28%0.319-19%0.319-19%
Dividend Per Share--0.0020.022-89%0.029-92%0.022-89%0.022-89%
Eps--0.1080.098+10%0.216-50%0.158-32%0.158-32%
Free Cash Flow Per Share--0.0000.058-99%-0.002+781%0.026-99%0.026-99%
Free Cash Flow To Equity Per Share--0.0000.006-95%0.063-100%0.058-99%0.058-99%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---7.256--------
Intrinsic Value_10Y_min---5.987--------
Intrinsic Value_1Y_max---0.023--------
Intrinsic Value_1Y_min---0.022--------
Intrinsic Value_3Y_max---0.606--------
Intrinsic Value_3Y_min---0.568--------
Intrinsic Value_5Y_max---1.836--------
Intrinsic Value_5Y_min---1.658--------
Market Cap12765588372.480-65%21115238529.00025017806128.490-16%30562288141.760-31%24475330552.786-14%24475330552.786-14%
Net Profit Margin--0.1080.083+30%0.152-29%0.125-13%0.125-13%
Operating Margin---0.008-100%0.109-100%0.091-100%0.091-100%
Operating Ratio--1.4241.523-6%1.455-2%1.516-6%1.516-6%
Pb Ratio1.698-65%2.8083.449-19%4.660-40%5.046-44%5.046-44%
Pe Ratio26.938-65%44.549133.129-67%68.532-35%76.331-42%76.331-42%
Price Per Share11.640-65%19.25022.810-16%27.868-31%22.317-14%22.317-14%
Price To Free Cash Flow Ratio9265.430-65%15322.9843792.535+304%-63.449+100%791.277+1836%791.277+1836%
Price To Total Gains Ratio259.354-65%428.915178.730+140%812.639-47%312.590+37%312.590+37%
Quick Ratio--1.3102.030-35%2.426-46%2.076-37%2.076-37%
Return On Assets--0.0130.011+12%0.027-53%0.024-47%0.024-47%
Return On Equity--0.0160.015+4%0.037-57%0.031-49%0.031-49%
Total Gains Per Share--0.0450.212-79%0.277-84%0.383-88%0.383-88%
Usd Book Value--1040856382.0251006291277.899+3%909001191.592+15%773235927.734+35%773235927.734+35%
Usd Book Value Change Per Share--0.0060.026-78%0.034-83%0.050-88%0.050-88%
Usd Book Value Per Share--0.9490.917+3%0.829+14%0.705+35%0.705+35%
Usd Dividend Per Share--0.0000.003-89%0.004-92%0.003-89%0.003-89%
Usd Eps--0.0150.014+10%0.030-50%0.022-32%0.022-32%
Usd Free Cash Flow--47679.1768767137.940-99%-324409.027+780%3911640.069-99%3911640.069-99%
Usd Free Cash Flow Per Share--0.0000.008-99%0.000+781%0.004-99%0.004-99%
Usd Free Cash Flow To Equity Per Share--0.0000.001-95%0.009-100%0.008-99%0.008-99%
Usd Market Cap1766757430.751-65%2922349012.4143462464368.183-16%4229820678.820-31%3387385748.506-14%3387385748.506-14%
Usd Price Per Share1.611-65%2.6643.157-16%3.857-31%3.089-14%3.089-14%
Usd Profit--16399722.11314942587.116+10%32852884.455-50%23988997.972-32%23988997.972-32%
Usd Revenue--151178413.937157419298.842-4%175085373.534-14%132186995.446+14%132186995.446+14%
Usd Total Gains Per Share--0.0060.029-79%0.038-84%0.053-88%0.053-88%
 EOD+4 -4MRQTTM+17 -18YOY+12 -235Y+11 -2410Y+11 -24

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1526.938
Price to Book Ratio (EOD)Between0-11.698
Net Profit Margin (MRQ)Greater than00.108
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.310
Current Ratio (MRQ)Greater than13.940
Debt to Asset Ratio (MRQ)Less than10.203
Debt to Equity Ratio (MRQ)Less than10.257
Return on Equity (MRQ)Greater than0.150.016
Return on Assets (MRQ)Greater than0.050.013
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.835
Ma 20Greater thanMa 5012.798
Ma 50Greater thanMa 10012.424
Ma 100Greater thanMa 20014.703
OpenGreater thanClose11.760
Total2/5 (40.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Interest Income  10,0564,12014,1762,46616,64226,70143,343-107,582-64,239



Latest Balance Sheet

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

Summary
Total Assets9,432,008
Total Liabilities1,911,370
Total Stockholder Equity7,428,251
 As reported
Total Liabilities 1,911,370
Total Stockholder Equity+ 7,428,251
Total Assets = 9,432,008

Assets

Total Assets9,432,008
Total Current Assets6,111,279
Long-term Assets3,320,730
Total Current Assets
Cash And Cash Equivalents 1,546,119
Short-term Investments 5,000
Net Receivables 2,027,170
Inventory 389,426
Other Current Assets 32,713
Total Current Assets  (as reported)6,111,279
Total Current Assets  (calculated)4,000,429
+/- 2,110,850
Long-term Assets
Property Plant Equipment 641,825
Goodwill 1,336,110
Intangible Assets 117,378
Long-term Assets Other 310,000
Long-term Assets  (as reported)3,320,730
Long-term Assets  (calculated)2,405,313
+/- 915,416

Liabilities & Shareholders' Equity

Total Current Liabilities1,551,021
Long-term Liabilities360,349
Total Stockholder Equity7,428,251
Total Current Liabilities
Short Long Term Debt 187,400
Accounts payable 602,467
Other Current Liabilities 102,558
Total Current Liabilities  (as reported)1,551,021
Total Current Liabilities  (calculated)892,426
+/- 658,596
Long-term Liabilities
Long term Debt 251,132
Capital Lease Obligations Min Short Term Debt15,602
Long-term Liabilities Other 9,597
Long-term Liabilities  (as reported)360,349
Long-term Liabilities  (calculated)276,331
+/- 84,017
Total Stockholder Equity
Retained Earnings 3,226,244
Total Stockholder Equity (as reported)7,428,251
Total Stockholder Equity (calculated)3,226,244
+/- 4,202,007
Other
Capital Stock1,096,896
Common Stock Shares Outstanding 1,096,896
Net Invested Capital 7,866,783
Net Working Capital 4,560,258
Property Plant and Equipment Gross 641,825



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
2,014,244
5,138,466
5,261,503
5,925,670
5,669,761
5,658,976
5,772,371
7,738,674
7,316,078
7,358,978
7,772,887
8,849,787
8,656,923
8,761,257
9,266,094
9,780,429
9,571,073
9,384,989
9,432,008
9,432,0089,384,9899,571,0739,780,4299,266,0948,761,2578,656,9238,849,7877,772,8877,358,9787,316,0787,738,6745,772,3715,658,9765,669,7615,925,6705,261,5035,138,4662,014,244
   > Total Current Assets 
1,752,539
3,637,407
3,728,425
4,368,190
4,086,994
4,048,982
4,110,167
5,471,176
4,971,055
4,854,679
5,152,712
6,254,725
6,053,689
6,013,878
6,538,197
6,833,337
6,591,320
6,382,773
6,111,279
6,111,2796,382,7736,591,3206,833,3376,538,1976,013,8786,053,6896,254,7255,152,7124,854,6794,971,0555,471,1764,110,1674,048,9824,086,9944,368,1903,728,4253,637,4071,752,539
       Cash And Cash Equivalents 
655,223
1,523,362
1,543,965
1,853,620
1,447,706
1,377,711
1,515,496
2,218,398
1,749,164
1,432,435
1,435,206
1,966,494
1,546,537
1,605,418
1,812,418
2,369,222
2,276,667
1,983,350
1,546,119
1,546,1191,983,3502,276,6672,369,2221,812,4181,605,4181,546,5371,966,4941,435,2061,432,4351,749,1642,218,3981,515,4961,377,7111,447,7061,853,6201,543,9651,523,362655,223
       Short-term Investments 
52,000
0
14,000
0
9,800
0
0
30,000
30,000
31,000
52,500
8,000
0
0
0
0
2,260
0
5,000
5,00002,26000008,00052,50031,00030,00030,000009,800014,000052,000
       Net Receivables 
741,022
1,317,273
1,334,517
2,128,061
2,197,605
2,071,992
2,013,697
2,761,532
2,560,135
2,653,007
2,735,015
3,803,544
3,814,791
3,622,212
3,767,090
4,079,184
3,789,130
3,815,451
2,027,170
2,027,1703,815,4513,789,1304,079,1843,767,0903,622,2123,814,7913,803,5442,735,0152,653,0072,560,1352,761,5322,013,6972,071,9922,197,6052,128,0611,334,5171,317,273741,022
       Inventory 
162,429
525,078
556,768
307,004
356,053
425,821
455,764
269,332
417,328
530,575
683,229
300,176
457,184
596,939
730,688
275,078
394,609
402,211
389,426
389,426402,211394,609275,078730,688596,939457,184300,176683,229530,575417,328269,332455,764425,821356,053307,004556,768525,078162,429
   > Long-term Assets 
261,704
1,501,059
1,533,079
1,557,480
1,582,767
1,609,994
1,662,204
2,267,498
2,345,024
2,504,299
2,620,174
2,595,062
2,603,234
2,747,379
2,727,898
2,947,092
2,979,753
3,002,217
3,320,730
3,320,7303,002,2172,979,7532,947,0922,727,8982,747,3792,603,2342,595,0622,620,1742,504,2992,345,0242,267,4981,662,2041,609,9941,582,7671,557,4801,533,0791,501,059261,704
       Property Plant Equipment 
21,324
47,292
51,703
52,645
52,998
55,925
70,734
149,673
230,363
268,645
312,363
359,943
368,381
404,836
426,140
603,222
604,224
593,513
641,825
641,825593,513604,224603,222426,140404,836368,381359,943312,363268,645230,363149,67370,73455,92552,99852,64551,70347,29221,324
       Goodwill 
31,405
1,152,090
1,152,090
1,159,530
1,159,530
1,171,573
1,171,573
1,289,578
1,289,578
1,342,384
1,335,784
1,335,979
1,335,979
1,335,979
1,335,979
1,335,979
1,336,046
1,336,110
1,336,110
1,336,1101,336,1101,336,0461,335,9791,335,9791,335,9791,335,9791,335,9791,335,7841,342,3841,289,5781,289,5781,171,5731,171,5731,159,5301,159,5301,152,0901,152,09031,405
       Intangible Assets 
19,346
31,075
33,966
73,395
70,978
69,092
76,486
80,892
81,074
98,924
99,304
101,391
139,374
137,576
134,629
132,267
125,896
121,431
117,378
117,378121,431125,896132,267134,629137,576139,374101,39199,30498,92481,07480,89276,48669,09270,97873,39533,96631,07519,346
       Long-term Assets Other 
261,704
89,614
92,715
111,381
111,381
116,381
70,734
4,000
6,772
0
0
0
0
0
0
0
0
0
310,000
310,0000000000006,7724,00070,734116,381111,381111,38192,71589,614261,704
> Total Liabilities 
674,189
1,053,866
1,126,397
1,184,889
877,851
886,884
917,826
2,153,781
1,873,659
1,909,438
2,171,771
2,323,689
2,120,348
2,240,322
2,577,992
2,854,083
2,408,642
1,910,842
1,911,370
1,911,3701,910,8422,408,6422,854,0832,577,9922,240,3222,120,3482,323,6892,171,7711,909,4381,873,6592,153,781917,826886,884877,8511,184,8891,126,3971,053,866674,189
   > Total Current Liabilities 
658,511
1,008,777
1,089,841
1,148,650
841,394
849,766
882,142
1,451,831
1,110,979
1,139,420
1,356,075
1,609,305
1,382,361
1,489,347
1,757,659
1,980,966
1,686,217
1,523,931
1,551,021
1,551,0211,523,9311,686,2171,980,9661,757,6591,489,3471,382,3611,609,3051,356,0751,139,4201,110,9791,451,831882,142849,766841,3941,148,6501,089,8411,008,777658,511
       Short-term Debt 
90,000
85,000
50,000
4,989
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000004,98950,00085,00090,000
       Short Long Term Debt 
90,000
85,000
50,000
4,989
4,989
0
0
27,281
13,385
27,455
27,525
14,017
104,189
247,646
326,593
326,493
326,493
208,647
187,400
187,400208,647326,493326,493326,593247,646104,18914,01727,52527,45513,38527,281004,9894,98950,00085,00090,000
       Accounts payable 
155,722
322,221
357,649
450,649
315,290
312,543
247,226
596,645
468,148
418,363
557,307
819,847
656,771
630,050
649,669
947,715
730,658
647,100
602,467
602,467647,100730,658947,715649,669630,050656,771819,847557,307418,363468,148596,645247,226312,543315,290450,649357,649322,221155,722
       Other Current Liabilities 
19,338
36,020
35,702
412,323
334,804
332,114
415,253
419,185
398,191
413,925
463,514
325,020
389,416
301,096
461,142
258,582
438,040
301,638
102,558
102,558301,638438,040258,582461,142301,096389,416325,020463,514413,925398,191419,185415,253332,114334,804412,32335,70236,02019,338
   > Long-term Liabilities 
15,678
45,089
36,556
36,239
36,457
37,117
35,684
701,950
762,679
770,018
815,696
714,384
737,987
750,974
820,333
873,116
722,425
386,912
360,349
360,349386,912722,425873,116820,333750,974737,987714,384815,696770,018762,679701,95035,68437,11736,45736,23936,55645,08915,678
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
21,591
20,557
24,095
21,925
8,167
7,690
8,049
19,215
25,330
21,927
15,602
15,60221,92725,33019,2158,0497,6908,16721,92524,09520,55721,59100000000
       Other Liabilities 
15,678
35,089
36,556
36,239
36,457
37,117
35,684
34,039
34,389
34,076
34,130
59,990
60,708
74,168
120,240
119,663
108,725
97,906
0
097,906108,725119,663120,24074,16860,70859,99034,13034,07634,38934,03935,68437,11736,45736,23936,55635,08915,678
> Total Stockholder Equity
1,349,184
3,990,485
4,044,660
4,639,019
4,696,421
4,686,409
4,769,662
5,535,383
5,387,192
5,385,299
5,546,171
6,405,958
6,442,006
6,447,810
6,636,242
6,812,412
7,065,240
7,375,684
7,428,251
7,428,2517,375,6847,065,2406,812,4126,636,2426,447,8106,442,0066,405,9585,546,1715,385,2995,387,1925,535,3834,769,6624,686,4094,696,4214,639,0194,044,6603,990,4851,349,184
   Common Stock
431,721
679,932
679,896
680,332
680,428
1,020,557
1,020,580
1,021,276
1,021,130
1,022,074
1,031,953
1,045,521
1,046,232
1,048,955
1,060,819
1,060,900
1,074,371
1,096,896
0
01,096,8961,074,3711,060,9001,060,8191,048,9551,046,2321,045,5211,031,9531,022,0741,021,1301,021,2761,020,5801,020,557680,428680,332679,896679,932431,721
   Retained Earnings 
449,200
981,410
1,018,385
1,599,876
1,645,390
1,624,072
1,678,226
2,247,663
2,296,769
2,244,425
2,310,726
2,972,958
3,024,356
3,039,140
3,135,713
3,362,688
3,382,757
3,364,301
3,226,244
3,226,2443,364,3013,382,7573,362,6883,135,7133,039,1403,024,3562,972,9582,310,7262,244,4252,296,7692,247,6631,678,2261,624,0721,645,3901,599,8761,018,385981,410449,200
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
150,113
38,967
41,938
598
-16,387
-55,054
-78,619
-108,586
-116,535
-98,938
-149,998
0
0-149,998-98,938-116,535-108,586-78,619-55,054-16,38759841,93838,967150,1130000000



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 (+$)
totalRevenue4,549,691
Cost of Revenue-2,680,524
Gross Profit1,869,1661,869,166
 
Operating Income (+$)
Gross Profit1,869,166
Operating Expense-4,240,628
Operating Income--2,371,461
 
Operating Expense (+$)
Research Development518,821
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense4,240,628518,821
 
Net Interest Income (+$)
Interest Income37,013
Interest Expense-28,087
Other Finance Cost-18,832
Net Interest Income27,759
 
Pretax Income (+$)
Operating Income-
Net Interest Income27,759
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-0
EBIT - interestExpense = -28,087
431,867
459,954
Interest Expense28,087
Earnings Before Interest and Taxes (EBIT)-28,087
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-
Tax Provision--58,171
Net Income From Continuing Ops361,09858,171
Net Income431,867
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--27,759
 

Technical Analysis of Longshine
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 Longshine. The general trend of Longshine 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 Longshine'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 Longshine Technology 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: 12.25 < 13.67 < 16.45.

The bearish price targets are: 9.01.

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Longshine Technology Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Longshine Technology 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

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

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Longshine Technology Co Ltd. The current macd is -0.18013139.

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 Longshine price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Longshine. 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 Longshine 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
Longshine Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartLongshine Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Longshine Technology Co Ltd. The current adx is 22.21.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Longshine shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Longshine Technology Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Longshine Technology Co Ltd. The current sar is 13.30.

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
Longshine Technology Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Longshine Technology Co Ltd. The current rsi is 37.84. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Longshine Technology Co Ltd Daily Relative Strength Index (RSI) ChartLongshine Technology Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

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

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 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 Longshine price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Longshine Technology Co Ltd Daily Stochastic Oscillator ChartLongshine Technology Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Longshine Technology Co Ltd. The current cci is -188.25100134.

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
Longshine Technology Co Ltd Daily Commodity Channel Index (CCI) ChartLongshine Technology Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Longshine Technology Co Ltd. The current cmo is -36.45889932.

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
Longshine Technology Co Ltd Daily Chande Momentum Oscillator (CMO) ChartLongshine Technology Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Longshine Technology Co Ltd. The current willr is -87.5.

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
Longshine Technology Co Ltd Daily Williams %R ChartLongshine Technology Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

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

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

Score

Let's take a look at the Average True Range (ATR) of Longshine Technology Co Ltd. The current atr is 0.58560705.

Longshine Technology Co Ltd Daily Average True Range (ATR) ChartLongshine Technology Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Longshine Technology Co Ltd. The current obv is -135,269,558.

Longshine Technology Co Ltd Daily On-Balance Volume (OBV) ChartLongshine Technology Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Longshine Technology Co Ltd. The current mfi is 42.49.

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

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

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Longshine Technology Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-20BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-26BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 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.
2024-01-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05STOCH 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26MACD 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
2024-03-27BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Longshine Technology Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.835
Ma 20Greater thanMa 5012.798
Ma 50Greater thanMa 10012.424
Ma 100Greater thanMa 20014.703
OpenGreater thanClose11.760
Total2/5 (40.0%)
Penke

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