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Shenzhen Bestek Technology Co Ltd
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Let's analyse Shenzhen Bestek Technology Co Ltd together

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










What can you expect buying and holding a share of Shenzhen Bestek Technology Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.04
When do you have the money?
1 year
How often do you get paid?
77.8%

What is your share worth?

Current worth
¥5.29
Expected worth in 1 year
¥5.36
How sure are you?
88.9%

+ What do you gain per year?

Total Gains per Share
¥0.37
Return On Investment
3.4%

For what price can you sell your share?

Current Price per Share
¥10.82
Expected price per share
¥6.22 - ¥13.78
How sure are you?
50%

1. Valuation of Shenzhen Bestek Technology Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥10.82

Intrinsic Value Per Share

¥22.95 - ¥27.73

Total Value Per Share

¥28.24 - ¥33.02

2. Growth of Shenzhen Bestek Technology Co Ltd (5 min.)




Is Shenzhen Bestek Technology Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$175.7m$170.4m$4.2m2.4%

How much money is Shenzhen Bestek Technology Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$757.3k$2.2m-$1.4m-190.8%
Net Profit Margin2.1%6.1%--

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

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




4. Comparing to competitors in the Electrical Equipment & Parts industry (5 min.)




  Industry Rankings (Electrical Equipment & Parts)  


Richest
#229 / 464

Most Revenue
#299 / 464

Most Profit
#294 / 464

Most Efficient
#287 / 464

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

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

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

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

Speculation

The Price per Share of Shenzhen Bestek Technology Co Ltd is ¥10.82. 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 Shenzhen Bestek Technology Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Shenzhen Bestek Technology Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥5.29. Based on the TTM, the Book Value Change Per Share is ¥0.02 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.04 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ¥0.07 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shenzhen Bestek Technology Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.000.0%0.000.0%0.010.1%0.020.1%0.020.1%
Usd Book Value Change Per Share0.000.0%0.000.0%0.010.1%0.040.4%0.040.4%
Usd Dividend Per Share0.000.0%0.010.1%0.010.1%0.020.1%0.020.1%
Usd Total Gains Per Share0.000.0%0.010.1%0.020.2%0.060.5%0.060.5%
Usd Price Per Share1.87-2.04-2.66-3.14-3.14-
Price to Earnings Ratio154.26-57.07-262.40-93.15-93.15-
Price-to-Total Gains Ratio-1,603.93--137.99-144.58-57.48-57.48-
Price to Book Ratio2.55-2.80-3.75-4.71-4.71-
Price-to-Total Gains Ratio-1,603.93--137.99-144.58-57.48-57.48-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.497488
Number of shares667
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.02
Usd Book Value Change Per Share0.000.04
Usd Total Gains Per Share0.010.06
Gains per Quarter (667 shares)8.4637.62
Gains per Year (667 shares)33.85150.48
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
12862442109140
255125884217290
3831892126326440
411125126168434590
513831160210543740
616637194252651890
7194432282947601040
8222492623368681190
9249552963779771340
102776233041910851490

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 Share3.01.00.075.0%11.01.00.091.7%17.01.00.094.4%17.01.00.094.4%17.01.00.094.4%
Book Value Change Per Share2.02.00.050.0%9.03.00.075.0%14.03.01.077.8%14.03.01.077.8%14.03.01.077.8%
Dividend per Share3.00.01.075.0%11.00.01.091.7%14.00.04.077.8%14.00.04.077.8%14.00.04.077.8%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%16.01.01.088.9%16.01.01.088.9%16.01.01.088.9%

Fundamentals of Shenzhen Bestek Technology Co Ltd

About Shenzhen Bestek Technology Co Ltd

Shenzhen Bestek Technology Co., Ltd. engages in the research and development, manufacture, and sale of smart controllers and products in China and internationally. Its products include lithium battery intelligent control protection devices and motor controllers; and smart sensor lamps. The company was founded in 2010 and is headquartered in Shenzhen, China.

Fundamental data was last updated by Penke on 2024-03-11 04:47:03.

Financial Health

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

Valuation

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

1.1. Profitability of Shenzhen Bestek Technology Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Shenzhen Bestek Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • A Net Profit Margin of 2.2% means that ¥0.02 for each ¥1 in revenue is generated as profit.

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

  • The MRQ is 2.2%. The company is making a profit. +1
  • The TTM is 2.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.2%TTM2.1%+0.1%
TTM2.1%YOY6.1%-4.0%
TTM2.1%5Y11.9%-9.8%
5Y11.9%10Y11.9%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%3.7%-1.5%
TTM2.1%3.7%-1.6%
YOY6.1%3.3%+2.8%
5Y11.9%3.2%+8.7%
10Y11.9%3.4%+8.5%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Shenzhen Bestek Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • 0.3% Return on Assets means that Shenzhen Bestek Technology Co Ltd generated ¥0.00 profit for each $1 in assets.

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

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM0.3%0.0%
TTM0.3%YOY1.0%-0.6%
TTM0.3%5Y2.1%-1.7%
5Y2.1%10Y2.1%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%0.9%-0.6%
TTM0.3%1.0%-0.7%
YOY1.0%0.8%+0.2%
5Y2.1%0.9%+1.2%
10Y2.1%1.1%+1.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Shenzhen Bestek Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • 0.4% Return on Equity means Shenzhen Bestek Technology Co Ltd generated ¥0.00 for each ¥1 the owners (shareholders) invested.

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

  • The MRQ is 0.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.4%0.0%
TTM0.4%YOY1.3%-0.9%
TTM0.4%5Y2.7%-2.3%
5Y2.7%10Y2.7%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%1.8%-1.4%
TTM0.4%1.9%-1.5%
YOY1.3%1.7%-0.4%
5Y2.7%1.8%+0.9%
10Y2.7%2.0%+0.7%

1.2. Operating Efficiency of Shenzhen Bestek Technology Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shenzhen Bestek Technology Co Ltd is operating .

  • Measures how much profit Shenzhen Bestek Technology Co Ltd makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Shenzhen Bestek Technology Co Ltd to the Electrical Equipment & Parts 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 Shenzhen Bestek Technology Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM2.4%-2.4%
TTM2.4%YOY2.5%-0.1%
TTM2.4%5Y12.4%-10.0%
5Y12.4%10Y12.4%0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.7%-6.7%
TTM2.4%3.3%-0.9%
YOY2.5%4.3%-1.8%
5Y12.4%4.8%+7.6%
10Y12.4%3.7%+8.7%
1.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • An Operation Ratio of 1.85 means that the operating costs are ¥1.85 for each ¥1 in net sales.

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

  • The MRQ is 1.847. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.774. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.847TTM1.774+0.074
TTM1.774YOY1.821-0.047
TTM1.7745Y1.619+0.155
5Y1.61910Y1.6190.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8471.656+0.191
TTM1.7741.679+0.095
YOY1.8211.676+0.145
5Y1.6191.631-0.012
10Y1.6191.348+0.271

1.3. Liquidity of Shenzhen Bestek Technology Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A Current Ratio of 3.21 means the company has ¥3.21 in assets for each ¥1 in short-term debts.

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

  • The MRQ is 3.214. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.209. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.214TTM3.209+0.005
TTM3.209YOY2.739+0.470
TTM3.2095Y3.256-0.047
5Y3.25610Y3.2560.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2141.912+1.302
TTM3.2091.884+1.325
YOY2.7391.915+0.824
5Y3.2561.994+1.262
10Y3.2561.645+1.611
1.3.2. Quick Ratio

Measures if Shenzhen Bestek Technology Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Shenzhen Bestek Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • A Quick Ratio of 1.01 means the company can pay off ¥1.01 for each ¥1 in debt (using most liquid assets).

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

  • The MRQ is 1.012. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 0.997. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ1.012TTM0.997+0.015
TTM0.997YOY0.839+0.158
TTM0.9975Y0.820+0.176
5Y0.82010Y0.8200.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0120.887+0.125
TTM0.9970.893+0.104
YOY0.8390.962-0.123
5Y0.8200.982-0.162
10Y0.8200.985-0.165

1.4. Solvency of Shenzhen Bestek Technology Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Shenzhen Bestek Technology Co Ltd to Electrical Equipment & Parts industry mean.
  • A Debt to Asset Ratio of 0.19 means that Shenzhen Bestek Technology Co Ltd assets are financed with 19.2% credit (debt) and the remaining percentage (100% - 19.2%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.192. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.198. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.192TTM0.198-0.005
TTM0.198YOY0.250-0.052
TTM0.1985Y0.211-0.013
5Y0.21110Y0.2110.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1920.434-0.242
TTM0.1980.448-0.250
YOY0.2500.438-0.188
5Y0.2110.443-0.232
10Y0.2110.432-0.221
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Shenzhen Bestek Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • A Debt to Equity ratio of 24.2% means that company has ¥0.24 debt for each ¥1 in shareholders equity.

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

  • The MRQ is 0.242. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.250. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.242TTM0.250-0.008
TTM0.250YOY0.336-0.086
TTM0.2505Y0.277-0.027
5Y0.27710Y0.2770.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2420.760-0.518
TTM0.2500.812-0.562
YOY0.3360.799-0.463
5Y0.2770.821-0.544
10Y0.2770.837-0.560

2. Market Valuation of Shenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd generates.

  • Above 15 is considered overpriced but always compare Shenzhen Bestek Technology Co Ltd to the Electrical Equipment & Parts industry mean.
  • A PE ratio of 154.26 means the investor is paying ¥154.26 for every ¥1 in earnings.

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

  • The EOD is 123.638. Based on the earnings, the company is expensive. -2
  • The MRQ is 154.261. Based on the earnings, the company is expensive. -2
  • The TTM is 57.074. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD123.638MRQ154.261-30.624
MRQ154.261TTM57.074+97.188
TTM57.074YOY262.402-205.328
TTM57.0745Y93.148-36.075
5Y93.14810Y93.1480.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD123.63814.955+108.683
MRQ154.26113.194+141.067
TTM57.07414.274+42.800
YOY262.40216.023+246.379
5Y93.14817.732+75.416
10Y93.14823.116+70.032
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 8.099. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 10.105. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 5.279. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.099MRQ10.105-2.006
MRQ10.105TTM5.279+4.826
TTM5.279YOY22.452-17.172
TTM5.2795Y-34.357+39.636
5Y-34.35710Y-34.3570.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD8.0994.652+3.447
MRQ10.1054.051+6.054
TTM5.2792.220+3.059
YOY22.452-2.139+24.591
5Y-34.357-0.110-34.247
10Y-34.3570.056-34.413
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A PB ratio of 2.55 means the investor is paying ¥2.55 for each ¥1 in book value.

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

  • The EOD is 2.045. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.552. Based on the equity, the company is underpriced. +1
  • The TTM is 2.801. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.045MRQ2.552-0.507
MRQ2.552TTM2.801-0.249
TTM2.801YOY3.750-0.949
TTM2.8015Y4.713-1.912
5Y4.71310Y4.7130.000
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD2.0451.912+0.133
MRQ2.5522.042+0.510
TTM2.8012.149+0.652
YOY3.7502.256+1.494
5Y4.7132.376+2.337
10Y4.7132.810+1.903
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Shenzhen Bestek 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---0.0080.017-150%0.045-119%0.294-103%0.294-103%
Book Value Per Share--5.2915.257+1%5.130+3%4.337+22%4.337+22%
Current Ratio--3.2143.209+0%2.739+17%3.256-1%3.256-1%
Debt To Asset Ratio--0.1920.198-3%0.250-23%0.211-9%0.211-9%
Debt To Equity Ratio--0.2420.250-3%0.336-28%0.277-13%0.277-13%
Dividend Per Share---0.075-100%0.100-100%0.114-100%0.114-100%
Eps--0.0220.023-4%0.066-67%0.112-81%0.112-81%
Free Cash Flow Per Share--0.3340.144+131%-0.047+114%-0.029+109%-0.029+109%
Free Cash Flow To Equity Per Share--0.3340.104+220%-0.080+124%0.050+568%0.050+568%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--27.727--------
Intrinsic Value_10Y_min--22.948--------
Intrinsic Value_1Y_max--0.254--------
Intrinsic Value_1Y_min--0.248--------
Intrinsic Value_3Y_max--2.687--------
Intrinsic Value_3Y_min--2.526--------
Intrinsic Value_5Y_max--7.439--------
Intrinsic Value_5Y_min--6.739--------
Market Cap2596886560.000-25%3240108000.0003534117800.000-8%4612971760.600-30%5449793653.733-41%5449793653.733-41%
Net Profit Margin--0.0220.021+7%0.061-63%0.119-81%0.119-81%
Operating Margin---0.024-100%0.025-100%0.124-100%0.124-100%
Operating Ratio--1.8471.774+4%1.821+1%1.619+14%1.619+14%
Pb Ratio2.045-25%2.5522.801-9%3.750-32%4.713-46%4.713-46%
Pe Ratio123.638-25%154.26157.074+170%262.402-41%93.148+66%93.148+66%
Price Per Share10.820-25%13.50014.725-8%19.220-30%22.707-41%22.707-41%
Price To Free Cash Flow Ratio8.099-25%10.1055.279+91%22.452-55%-34.357+440%-34.357+440%
Price To Total Gains Ratio-1285.521+20%-1603.931-137.987-91%144.576-1209%57.482-2890%57.482-2890%
Quick Ratio--1.0120.997+2%0.839+21%0.820+23%0.820+23%
Return On Assets--0.0030.003-3%0.010-65%0.021-84%0.021-84%
Return On Equity--0.0040.004-3%0.013-67%0.027-84%0.027-84%
Total Gains Per Share---0.0080.092-109%0.145-106%0.408-102%0.408-102%
Usd Book Value--175751065.827174634253.462+1%170407739.257+3%144053122.425+22%144053122.425+22%
Usd Book Value Change Per Share---0.0010.002-150%0.006-119%0.041-103%0.041-103%
Usd Book Value Per Share--0.7320.728+1%0.710+3%0.600+22%0.600+22%
Usd Dividend Per Share---0.010-100%0.014-100%0.016-100%0.016-100%
Usd Eps--0.0030.003-4%0.009-67%0.016-81%0.016-81%
Usd Free Cash Flow--11094370.2154792428.202+131%-1554512.484+114%-913006.190+108%-913006.190+108%
Usd Free Cash Flow Per Share--0.0460.020+131%-0.006+114%-0.004+109%-0.004+109%
Usd Free Cash Flow To Equity Per Share--0.0460.014+220%-0.011+124%0.007+568%0.007+568%
Usd Market Cap359409099.904-25%448430947.200489121903.520-8%638435291.667-30%754251441.677-41%754251441.677-41%
Usd Price Per Share1.497-25%1.8682.038-8%2.660-30%3.143-41%3.143-41%
Usd Profit--726738.533757323.498-4%2202608.174-67%3730713.310-81%3730713.310-81%
Usd Revenue--32792194.07231043292.053+6%35785240.393-8%32355488.882+1%32355488.882+1%
Usd Total Gains Per Share---0.0010.013-109%0.020-106%0.056-102%0.056-102%
 EOD+5 -3MRQTTM+16 -19YOY+16 -195Y+14 -2110Y+14 -21

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15123.638
Price to Book Ratio (EOD)Between0-12.045
Net Profit Margin (MRQ)Greater than00.022
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.012
Current Ratio (MRQ)Greater than13.214
Debt to Asset Ratio (MRQ)Less than10.192
Debt to Equity Ratio (MRQ)Less than10.242
Return on Equity (MRQ)Greater than0.150.004
Return on Assets (MRQ)Greater than0.050.003
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.614
Ma 20Greater thanMa 5010.978
Ma 50Greater thanMa 10010.823
Ma 100Greater thanMa 20012.580
OpenGreater thanClose10.420
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets1,572,434
Total Liabilities302,556
Total Stockholder Equity1,251,007
 As reported
Total Liabilities 302,556
Total Stockholder Equity+ 1,251,007
Total Assets = 1,572,434

Assets

Total Assets1,572,434
Total Current Assets904,234
Long-term Assets668,200
Total Current Assets
Cash And Cash Equivalents 427,420
Net Receivables 284,653
Inventory 148,733
Other Current Assets 25,324
Total Current Assets  (as reported)904,234
Total Current Assets  (calculated)886,130
+/- 18,104
Long-term Assets
Property Plant Equipment 547,832
Goodwill 1,905
Intangible Assets 100,438
Long-term Assets Other 2,383
Long-term Assets  (as reported)668,200
Long-term Assets  (calculated)652,558
+/- 15,642

Liabilities & Shareholders' Equity

Total Current Liabilities281,300
Long-term Liabilities21,256
Total Stockholder Equity1,251,007
Total Current Liabilities
Accounts payable 160,107
Other Current Liabilities 62,997
Total Current Liabilities  (as reported)281,300
Total Current Liabilities  (calculated)223,103
+/- 58,196
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt10,795
Long-term Liabilities  (as reported)21,256
Long-term Liabilities  (calculated)10,795
+/- 10,462
Total Stockholder Equity
Retained Earnings 366,510
Total Stockholder Equity (as reported)1,251,007
Total Stockholder Equity (calculated)366,510
+/- 884,497
Other
Capital Stock240,008
Common Stock Shares Outstanding 240,008
Net Invested Capital 1,251,007
Net Working Capital 622,934
Property Plant and Equipment Gross 547,832



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-06-302019-03-31
> Total Assets 
0
558,398
630,133
1,211,445
1,238,500
1,328,952
1,508,715
1,539,339
1,546,583
1,671,539
1,620,561
1,662,825
1,723,523
1,570,966
1,565,095
1,561,583
1,592,505
1,572,434
1,572,4341,592,5051,561,5831,565,0951,570,9661,723,5231,662,8251,620,5611,671,5391,546,5831,539,3391,508,7151,328,9521,238,5001,211,445630,133558,3980
   > Total Current Assets 
0
399,432
455,528
1,017,462
1,026,869
1,097,048
1,214,148
1,203,915
1,098,453
1,156,663
1,055,728
1,044,488
1,078,870
927,050
939,503
909,755
928,969
904,234
904,234928,969909,755939,503927,0501,078,8701,044,4881,055,7281,156,6631,098,4531,203,9151,214,1481,097,0481,026,8691,017,462455,528399,4320
       Cash And Cash Equivalents 
0
167,577
230,926
790,515
364,351
291,929
794,547
630,271
431,301
408,592
370,697
369,958
318,172
335,090
357,353
392,189
348,639
427,420
427,420348,639392,189357,353335,090318,172369,958370,697408,592431,301630,271794,547291,929364,351790,515230,926167,5770
       Short-term Investments 
0
0
0
0
25,000
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000025,0000000
       Net Receivables 
0
136,970
126,160
120,329
138,287
246,841
197,295
281,382
314,446
342,670
314,504
277,452
368,893
297,890
306,488
239,240
318,798
284,653
284,653318,798239,240306,488297,890368,893277,452314,504342,670314,446281,382197,295246,841138,287120,329126,160136,9700
       Other Current Assets 
0
4,675
4,191
5,755
6,670
410,862
9,329
12,634
28,893
41,089
37,343
41,584
31,629
31,327
35,279
48,829
38,738
25,324
25,32438,73848,82935,27931,32731,62941,58437,34341,08928,89312,6349,329410,8626,6705,7554,1914,6750
   > Long-term Assets 
0
158,966
174,605
193,983
211,631
231,905
294,567
335,425
448,131
514,876
564,833
618,337
644,653
643,917
625,592
651,828
663,536
668,200
668,200663,536651,828625,592643,917644,653618,337564,833514,876448,131335,425294,567231,905211,631193,983174,605158,9660
       Property Plant Equipment 
0
0
0
157,376
185,176
207,017
237,868
261,352
349,741
382,365
435,162
477,600
511,687
520,436
524,920
528,401
542,043
547,832
547,832542,043528,401524,920520,436511,687477,600435,162382,365349,741261,352237,868207,017185,176157,376000
       Goodwill 
0
0
0
0
0
0
0
0
0
17,708
10,832
10,832
10,832
10,832
0
1,905
1,905
1,905
1,9051,9051,905010,83210,83210,83210,83217,708000000000
       Intangible Assets 
0
13,985
18,859
18,748
18,636
18,642
18,534
46,658
53,957
59,891
62,138
61,461
60,893
60,214
60,657
104,270
103,471
100,438
100,438103,471104,27060,65760,21460,89361,46162,13859,89153,95746,65818,53418,64218,63618,74818,85913,9850
       Other Assets 
0
0
0
17,860
7,818
6,246
38,165
27,415
25,052
28,140
30,208
42,485
36,109
52,435
16,476
17,002
16,573
0
016,57317,00216,47652,43536,10942,48530,20828,14025,05227,41538,1656,2467,81817,860000
> Total Liabilities 
0
164,308
165,875
164,386
190,633
224,985
369,087
356,532
374,426
460,450
407,852
434,164
493,684
317,096
331,152
290,069
320,607
302,556
302,556320,607290,069331,152317,096493,684434,164407,852460,450374,426356,532369,087224,985190,633164,386165,875164,3080
   > Total Current Liabilities 
0
159,157
160,842
159,525
185,266
219,808
362,387
339,424
358,175
444,962
388,362
392,028
461,111
286,737
305,153
266,103
297,374
281,300
281,300297,374266,103305,153286,737461,111392,028388,362444,962358,175339,424362,387219,808185,266159,525160,842159,1570
       Short-term Debt 
0
10,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000010,0000
       Short Long Term Debt 
0
10,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000010,0000
       Accounts payable 
0
131,113
140,924
139,141
162,156
189,825
267,335
247,392
256,986
315,621
270,985
277,264
325,786
154,078
181,154
150,354
188,823
160,107
160,107188,823150,354181,154154,078325,786277,264270,985315,621256,986247,392267,335189,825162,156139,141140,924131,1130
       Other Current Liabilities 
0
0
0
8,217
7,713
12,862
75,934
77,092
81,103
112,799
90,030
90,553
103,458
105,262
92,264
87,952
76,180
62,997
62,99776,18087,95292,264105,262103,45890,55390,030112,79981,10377,09275,93412,8627,7138,217000
   > Long-term Liabilities 
0
5,152
5,034
4,861
5,368
5,177
6,700
17,109
16,252
15,488
19,490
42,136
32,573
30,359
25,999
23,966
23,233
21,256
21,25623,23323,96625,99930,35932,57342,13619,49015,48816,25217,1096,7005,1775,3684,8615,0345,1520
       Other Liabilities 
0
0
0
4,861
5,368
5,177
6,700
6,453
6,239
6,128
10,098
9,801
9,504
9,280
9,710
9,393
10,696
0
010,6969,3939,7109,2809,5049,80110,0986,1286,2396,4536,7005,1775,3684,861000
       Deferred Long Term Liability 
0
0
0
414
416
721
616
491
3,125
3,064
1,842
2,232
5,877
6,225
2,611
3,288
2,193
0
02,1933,2882,6116,2255,8772,2321,8423,0643,125491616721416414000
> Total Stockholder Equity
0
394,089
464,258
1,047,059
1,047,866
1,103,967
1,139,628
1,182,807
1,172,157
1,211,928
1,212,845
1,229,843
1,231,030
1,254,442
1,235,311
1,245,957
1,249,188
1,251,007
1,251,0071,249,1881,245,9571,235,3111,254,4421,231,0301,229,8431,212,8451,211,9281,172,1571,182,8071,139,6281,103,9671,047,8661,047,059464,258394,0890
   Common Stock
0
0
0
106,670
106,670
106,670
106,670
106,670
160,005
160,005
160,005
160,005
160,005
160,005
160,005
160,005
240,008
0
0240,008160,005160,005160,005160,005160,005160,005160,005160,005106,670106,670106,670106,670106,670000
   Retained Earnings Total Equity000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
0
0
462
485
-93
-409
-549
-609
-637
-1,248
-1,970
-490
6,210
4,847
3,638
9,339
0
09,3393,6384,8476,210-490-1,970-1,248-637-609-549-409-93485462000



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, 2022-12-31)

Gross Profit (+$)
totalRevenue993,784
Cost of Revenue-837,022
Gross Profit156,762156,762
 
Operating Income (+$)
Gross Profit156,762
Operating Expense-950,345
Operating Income43,439-793,583
 
Operating Expense (+$)
Research Development45,043
Selling General Administrative31,341
Selling And Marketing Expenses0
Operating Expense950,34576,384
 
Net Interest Income (+$)
Interest Income9,973
Interest Expense-1,520
Other Finance Cost-176
Net Interest Income8,277
 
Pretax Income (+$)
Operating Income43,439
Net Interest Income8,277
Other Non-Operating Income Expenses0
Income Before Tax (EBT)56,80943,439
EBIT - interestExpense = 32,085
60,051
46,902
Interest Expense1,520
Earnings Before Interest and Taxes (EBIT)33,60558,329
Earnings Before Interest and Taxes (EBITDA)104,566
 
After tax Income (+$)
Income Before Tax56,809
Tax Provision-14,669
Net Income From Continuing Ops42,14042,140
Net Income45,382
Net Income Applicable To Common Shares45,382
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,923
Total Other Income/Expenses Net0-8,277
 

Technical Analysis of Shenzhen Bestek Technology Co Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Shenzhen Bestek Technology Co Ltd. The general trend of Shenzhen Bestek Technology Co Ltd is BEARISH with 71.4% 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 Shenzhen Bestek Technology Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
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 Shenzhen Bestek 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: 13.66 < 13.70 < 13.78.

The bearish price targets are: 6.22.

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Shenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is 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

Shenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd. The current macd is 0.15791948.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Shenzhen Bestek Technology Co Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Shenzhen Bestek Technology Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Shenzhen Bestek Technology Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
Shenzhen Bestek Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartShenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd. The current adx is 21.16.

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 Shenzhen Bestek Technology Co Ltd 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.
Shenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd. The current sar is 13.50.

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
Shenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd. The current rsi is 48.61. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Shenzhen Bestek Technology Co Ltd Daily Relative Strength Index (RSI) ChartShenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -4/(-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 below the STOCH %D 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 Shenzhen Bestek Technology Co Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Shenzhen Bestek Technology Co Ltd Daily Stochastic Oscillator ChartShenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd. The current cci is -32.10246174.

Shenzhen Bestek Technology Co Ltd Daily Commodity Channel Index (CCI) ChartShenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd. The current cmo is -6.47097383.

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
Shenzhen Bestek Technology Co Ltd Daily Chande Momentum Oscillator (CMO) ChartShenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd. The current willr is -85.

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
Shenzhen Bestek Technology Co Ltd Daily Williams %R ChartShenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd.

Shenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd. The current atr is 0.74622807.

Shenzhen Bestek Technology Co Ltd Daily Average True Range (ATR) ChartShenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd. The current obv is 91,883,773.

Shenzhen Bestek Technology Co Ltd Daily On-Balance Volume (OBV) ChartShenzhen Bestek 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 Shenzhen Bestek Technology Co Ltd. The current mfi is 53.50.

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
Shenzhen Bestek Technology Co Ltd Daily Money Flow Index (MFI) ChartShenzhen Bestek Technology Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Shenzhen Bestek Technology Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.614
Ma 20Greater thanMa 5010.978
Ma 50Greater thanMa 10010.823
Ma 100Greater thanMa 20012.580
OpenGreater thanClose10.420
Total1/5 (20.0%)
Penke

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