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Luoyang Xinqianglian Slewing Bearin
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Let's analyse Luoyang Xinqianglian Slewing Bearin together

PenkeI guess you are interested in Luoyang Xinqianglian Slewing Bearin. 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 Luoyang Xinqianglian Slewing Bearin. 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 Luoyang Xinqianglian Slewing Bearin (30 sec.)










What can you expect buying and holding a share of Luoyang Xinqianglian Slewing Bearin? (30 sec.)

How much money do you get?

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

What is your share worth?

Current worth
¥13.46
Expected worth in 1 year
¥16.34
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
¥3.07
Return On Investment
13.0%

For what price can you sell your share?

Current Price per Share
¥23.52
Expected price per share
¥18.40 - ¥28.07
How sure are you?
50%

1. Valuation of Luoyang Xinqianglian Slewing Bearin (5 min.)




Live pricePrice per Share (EOD)

¥23.52

Intrinsic Value Per Share

¥-55.54 - ¥-65.07

Total Value Per Share

¥-42.07 - ¥-51.60

2. Growth of Luoyang Xinqianglian Slewing Bearin (5 min.)




Is Luoyang Xinqianglian Slewing Bearin growing?

Current yearPrevious yearGrowGrow %
How rich?$668.5m$505.9m$76m13.1%

How much money is Luoyang Xinqianglian Slewing Bearin making?

Current yearPrevious yearGrowGrow %
Making money$11.1m$15.5m-$4.3m-39.2%
Net Profit Margin10.4%17.9%--

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

3. Financial Health of Luoyang Xinqianglian Slewing Bearin (5 min.)




4. Comparing to competitors in the Metal Fabrication industry (5 min.)




  Industry Rankings (Metal Fabrication)  


Richest
#25 / 182

Most Revenue
#74 / 182

Most Profit
#34 / 182

What can you expect buying and holding a share of Luoyang Xinqianglian Slewing Bearin? (5 min.)

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

What can you expect buying and holding a share of Luoyang Xinqianglian Slewing Bearin?

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

Speculation

The Price per Share of Luoyang Xinqianglian Slewing Bearin is ¥23.52. 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 Luoyang Xinqianglian Slewing Bearin.
  • 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 Luoyang Xinqianglian Slewing Bearin, 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 ¥13.46. Based on the TTM, the Book Value Change Per Share is ¥0.72 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.33 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 ¥0.05 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Luoyang Xinqianglian Slewing Bearin.

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 Eps0.090.4%0.040.2%0.040.2%0.040.2%0.040.2%
Usd Book Value Change Per Share0.311.3%0.100.4%0.050.2%0.120.5%0.120.5%
Usd Dividend Per Share0.010.0%0.010.0%0.010.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.311.3%0.110.5%0.050.2%0.120.5%0.120.5%
Usd Price Per Share4.29-5.78-16.22-10.91-10.91-
Price to Earnings Ratio11.64-67.74-96.43-68.45-68.45-
Price-to-Total Gains Ratio13.74-153.75-315.19-250.25-250.25-
Price to Book Ratio2.30-3.63-11.61-11.53-11.53-
Price-to-Total Gains Ratio13.74-153.75-315.19-250.25-250.25-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.255168
Number of shares307
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.00
Usd Book Value Change Per Share0.100.12
Usd Total Gains Per Share0.110.12
Gains per Quarter (307 shares)32.5737.17
Gains per Year (307 shares)130.27148.69
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
181221206143139
21624425011286288
32536638017429437
43348851023572586
54161064028715735
64973377034858884
7578559004010011033
86597710304511441182
974109911605112871331
1082122112905714301480

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%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%

Fundamentals of Luoyang Xinqianglian Slewing Bearin

About Luoyang Xinqianglian Slewing Bearin

Luoyang Xinqianglian Slewing Bearing Co., Ltd. researches, develops, produces, and sells slewing bearings, shrink discs, and industrial forgings in China and internationally. The company offers single row tapered, triple-row, and double-row tapered roller main bearings, as well as individual triple-row roller pitch bearings and yaw bearings for wind turbine generators; tunnel boring machine main bearings; drive plates; large size slewing bearing for floating crane; and slewing bearing for ferris wheel. It also engages in the photovoltaic and wind power generation business. Luoyang Xinqianglian Slewing Bearing Co., Ltd. was founded in 2005 and is based in Luoyang, China.

Fundamental data was last updated by Penke on 2024-03-11 05:00:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge 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 just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is 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 Luoyang Xinqianglian Slewing Bearin.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Luoyang Xinqianglian Slewing Bearin earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Luoyang Xinqianglian Slewing Bearin to the Metal Fabrication industry mean.
  • A Net Profit Margin of 27.2% means that ¥0.27 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Luoyang Xinqianglian Slewing Bearin:

  • The MRQ is 27.2%. The company is making a huge profit. +2
  • The TTM is 10.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ27.2%TTM10.4%+16.9%
TTM10.4%YOY17.9%-7.5%
TTM10.4%5Y17.2%-6.8%
5Y17.2%10Y17.2%0.0%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ27.2%2.5%+24.7%
TTM10.4%2.3%+8.1%
YOY17.9%3.8%+14.1%
5Y17.2%3.3%+13.9%
10Y17.2%3.5%+13.7%
1.1.2. Return on Assets

Shows how efficient Luoyang Xinqianglian Slewing Bearin is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Luoyang Xinqianglian Slewing Bearin to the Metal Fabrication industry mean.
  • 2.5% Return on Assets means that Luoyang Xinqianglian Slewing Bearin generated ¥0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Luoyang Xinqianglian Slewing Bearin:

  • The MRQ is 2.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.8%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.5%TTM0.8%+1.6%
TTM0.8%YOY1.6%-0.8%
TTM0.8%5Y2.5%-1.7%
5Y2.5%10Y2.5%0.0%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5%0.9%+1.6%
TTM0.8%0.8%+0.0%
YOY1.6%1.2%+0.4%
5Y2.5%1.1%+1.4%
10Y2.5%1.0%+1.5%
1.1.3. Return on Equity

Shows how efficient Luoyang Xinqianglian Slewing Bearin is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Luoyang Xinqianglian Slewing Bearin to the Metal Fabrication industry mean.
  • 5.0% Return on Equity means Luoyang Xinqianglian Slewing Bearin generated ¥0.05 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Luoyang Xinqianglian Slewing Bearin:

  • The MRQ is 5.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 1.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ5.0%TTM1.8%+3.3%
TTM1.8%YOY3.1%-1.3%
TTM1.8%5Y5.0%-3.2%
5Y5.0%10Y5.0%0.0%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ5.0%1.6%+3.4%
TTM1.8%1.4%+0.4%
YOY3.1%2.6%+0.5%
5Y5.0%2.0%+3.0%
10Y5.0%2.0%+3.0%

1.2. Operating Efficiency of Luoyang Xinqianglian Slewing Bearin.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Luoyang Xinqianglian Slewing Bearin is operating .

  • Measures how much profit Luoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin to the Metal Fabrication 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 Luoyang Xinqianglian Slewing Bearin:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM6.9%-6.9%
TTM6.9%YOY22.1%-15.2%
TTM6.9%5Y19.0%-12.1%
5Y19.0%10Y19.0%0.0%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.1%-5.1%
TTM6.9%3.0%+3.9%
YOY22.1%5.6%+16.5%
5Y19.0%5.6%+13.4%
10Y19.0%4.2%+14.8%
1.2.2. Operating Ratio

Measures how efficient Luoyang Xinqianglian Slewing Bearin is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Metal Fabrication industry mean).
  • An Operation Ratio of 1.51 means that the operating costs are ¥1.51 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Luoyang Xinqianglian Slewing Bearin:

  • The MRQ is 1.507. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.572. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.507TTM1.572-0.066
TTM1.572YOY1.488+0.084
TTM1.5725Y1.483+0.090
5Y1.48310Y1.4830.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5071.642-0.135
TTM1.5721.671-0.099
YOY1.4881.618-0.130
5Y1.4831.594-0.111
10Y1.4831.336+0.147

1.3. Liquidity of Luoyang Xinqianglian Slewing Bearin.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Luoyang Xinqianglian Slewing Bearin is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Metal Fabrication industry mean).
  • A Current Ratio of 1.47 means the company has ¥1.47 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Luoyang Xinqianglian Slewing Bearin:

  • The MRQ is 1.475. The company is just able to pay all its short-term debts.
  • The TTM is 1.483. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.475TTM1.483-0.009
TTM1.483YOY1.592-0.109
TTM1.4835Y1.664-0.181
5Y1.66410Y1.6640.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4751.779-0.304
TTM1.4831.797-0.314
YOY1.5921.812-0.220
5Y1.6641.779-0.115
10Y1.6641.623+0.041
1.3.2. Quick Ratio

Measures if Luoyang Xinqianglian Slewing Bearin is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Luoyang Xinqianglian Slewing Bearin to the Metal Fabrication industry mean.
  • A Quick Ratio of 0.51 means the company can pay off ¥0.51 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Luoyang Xinqianglian Slewing Bearin:

  • The MRQ is 0.512. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.596. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.512TTM0.596-0.084
TTM0.596YOY0.858-0.262
TTM0.5965Y0.825-0.229
5Y0.82510Y0.8250.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5120.759-0.247
TTM0.5960.756-0.160
YOY0.8580.867-0.009
5Y0.8250.934-0.109
10Y0.8250.860-0.035

1.4. Solvency of Luoyang Xinqianglian Slewing Bearin.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Luoyang Xinqianglian Slewing Bearin assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Luoyang Xinqianglian Slewing Bearin to Metal Fabrication industry mean.
  • A Debt to Asset Ratio of 0.50 means that Luoyang Xinqianglian Slewing Bearin assets are financed with 49.9% credit (debt) and the remaining percentage (100% - 49.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Luoyang Xinqianglian Slewing Bearin:

  • The MRQ is 0.499. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.555. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.499TTM0.555-0.056
TTM0.555YOY0.470+0.085
TTM0.5555Y0.504+0.051
5Y0.50410Y0.5040.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4990.494+0.005
TTM0.5550.484+0.071
YOY0.4700.492-0.022
5Y0.5040.484+0.020
10Y0.5040.490+0.014
1.4.2. Debt to Equity Ratio

Measures if Luoyang Xinqianglian Slewing Bearin is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Luoyang Xinqianglian Slewing Bearin to the Metal Fabrication industry mean.
  • A Debt to Equity ratio of 101.6% means that company has ¥1.02 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Luoyang Xinqianglian Slewing Bearin:

  • The MRQ is 1.016. The company is able to pay all its debts with equity. +1
  • The TTM is 1.286. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.016TTM1.286-0.270
TTM1.286YOY0.913+0.373
TTM1.2865Y1.060+0.226
5Y1.06010Y1.0600.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0160.974+0.042
TTM1.2860.991+0.295
YOY0.9130.991-0.078
5Y1.0600.990+0.070
10Y1.0601.042+0.018

2. Market Valuation of Luoyang Xinqianglian Slewing Bearin

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 Luoyang Xinqianglian Slewing Bearin generates.

  • Above 15 is considered overpriced but always compare Luoyang Xinqianglian Slewing Bearin to the Metal Fabrication industry mean.
  • A PE ratio of 11.64 means the investor is paying ¥11.64 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Luoyang Xinqianglian Slewing Bearin:

  • The EOD is 8.831. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.644. Based on the earnings, the company is underpriced. +1
  • The TTM is 67.738. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD8.831MRQ11.644-2.812
MRQ11.644TTM67.738-56.095
TTM67.738YOY96.426-28.687
TTM67.7385Y68.452-0.714
5Y68.45210Y68.4520.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD8.83114.608-5.777
MRQ11.64412.946-1.302
TTM67.73812.562+55.176
YOY96.42613.929+82.497
5Y68.45212.073+56.379
10Y68.45218.033+50.419
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Luoyang Xinqianglian Slewing Bearin:

  • The EOD is -6.444. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -8.497. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -7.637. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.444MRQ-8.497+2.052
MRQ-8.497TTM-7.637-0.860
TTM-7.637YOY-58.954+51.318
TTM-7.6375Y-16.128+8.491
5Y-16.12810Y-16.1280.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD-6.4443.048-9.492
MRQ-8.4972.836-11.333
TTM-7.6370.821-8.458
YOY-58.954-0.845-58.109
5Y-16.1280.747-16.875
10Y-16.1280.746-16.874
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Luoyang Xinqianglian Slewing Bearin is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Metal Fabrication industry mean).
  • A PB ratio of 2.30 means the investor is paying ¥2.30 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Luoyang Xinqianglian Slewing Bearin:

  • The EOD is 1.747. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.303. Based on the equity, the company is underpriced. +1
  • The TTM is 3.635. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD1.747MRQ2.303-0.556
MRQ2.303TTM3.635-1.332
TTM3.635YOY11.613-7.978
TTM3.6355Y11.532-7.897
5Y11.53210Y11.5320.000
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD1.7471.591+0.156
MRQ2.3031.497+0.806
TTM3.6351.536+2.099
YOY11.6131.689+9.924
5Y11.5321.696+9.836
10Y11.5321.718+9.814
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Luoyang Xinqianglian Slewing Bearin 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--2.2190.718+209%0.333+566%0.842+164%0.842+164%
Book Value Per Share--13.46511.723+15%10.190+32%7.477+80%7.477+80%
Current Ratio--1.4751.483-1%1.592-7%1.664-11%1.664-11%
Debt To Asset Ratio--0.4990.555-10%0.470+6%0.504-1%0.504-1%
Debt To Equity Ratio--1.0161.286-21%0.913+11%1.060-4%1.060-4%
Dividend Per Share--0.0380.048-21%0.046-17%0.033+13%0.033+13%
Eps--0.6660.268+149%0.312+113%0.292+128%0.292+128%
Free Cash Flow Per Share---0.912-1.538+69%-0.867-5%-0.806-12%-0.806-12%
Free Cash Flow To Equity Per Share---0.912-0.984+8%-0.433-53%-0.071-92%-0.071-92%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---65.069--------
Intrinsic Value_10Y_min---55.536--------
Intrinsic Value_1Y_max---4.542--------
Intrinsic Value_1Y_min---4.460--------
Intrinsic Value_3Y_max---15.155--------
Intrinsic Value_3Y_min---14.437--------
Intrinsic Value_5Y_max---27.585--------
Intrinsic Value_5Y_min---25.474--------
Market Cap8437612216.320-32%11124589916.16014992725703.680-26%42056223390.720-74%28279411149.658-61%28279411149.658-61%
Net Profit Margin--0.2720.104+163%0.179+52%0.172+58%0.172+58%
Operating Margin---0.069-100%0.221-100%0.190-100%0.190-100%
Operating Ratio--1.5071.572-4%1.488+1%1.483+2%1.483+2%
Pb Ratio1.747-32%2.3033.635-37%11.613-80%11.532-80%11.532-80%
Pe Ratio8.831-32%11.64467.738-83%96.426-88%68.452-83%68.452-83%
Price Per Share23.520-32%31.01041.793-26%117.233-74%78.829-61%78.829-61%
Price To Free Cash Flow Ratio-6.444+24%-8.497-7.637-10%-58.954+594%-16.128+90%-16.128+90%
Price To Total Gains Ratio10.421-32%13.740153.753-91%315.194-96%250.254-95%250.254-95%
Quick Ratio--0.5120.596-14%0.858-40%0.825-38%0.825-38%
Return On Assets--0.0250.008+196%0.016+51%0.025-2%0.025-2%
Return On Equity--0.0500.018+182%0.031+61%0.050+0%0.050+0%
Total Gains Per Share--2.2570.767+194%0.379+495%0.875+158%0.875+158%
Usd Book Value--668519048.585582024400.192+15%505938458.725+32%371256391.033+80%371256391.033+80%
Usd Book Value Change Per Share--0.3070.099+209%0.046+566%0.116+164%0.116+164%
Usd Book Value Per Share--1.8641.622+15%1.410+32%1.035+80%1.035+80%
Usd Dividend Per Share--0.0050.007-21%0.006-17%0.005+13%0.005+13%
Usd Eps--0.0920.037+149%0.043+113%0.040+128%0.040+128%
Usd Free Cash Flow---45301391.305-76374009.336+69%-43022629.622-5%-37511849.973-17%-37511849.973-17%
Usd Free Cash Flow Per Share---0.126-0.213+69%-0.120-5%-0.112-12%-0.112-12%
Usd Free Cash Flow To Equity Per Share---0.126-0.136+8%-0.060-53%-0.010-92%-0.010-92%
Usd Market Cap1167765530.739-32%1539643244.3972074993237.389-26%5820581317.276-74%3913870503.113-61%3913870503.113-61%
Usd Price Per Share3.255-32%4.2925.784-26%16.225-74%10.910-61%10.910-61%
Usd Profit--33057623.66811139572.825+197%15504175.087+113%14170247.199+133%14170247.199+133%
Usd Revenue--121436743.08796621083.079+26%87536996.495+39%82246906.545+48%82246906.545+48%
Usd Total Gains Per Share--0.3120.106+194%0.052+495%0.121+158%0.121+158%
 EOD+3 -5MRQTTM+26 -9YOY+17 -185Y+20 -1510Y+20 -15

3.2. Fundamental Score

Let's check the fundamental score of Luoyang Xinqianglian Slewing Bearin based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.831
Price to Book Ratio (EOD)Between0-11.747
Net Profit Margin (MRQ)Greater than00.272
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.512
Current Ratio (MRQ)Greater than11.475
Debt to Asset Ratio (MRQ)Less than10.499
Debt to Equity Ratio (MRQ)Less than11.016
Return on Equity (MRQ)Greater than0.150.050
Return on Assets (MRQ)Greater than0.050.025
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Luoyang Xinqianglian Slewing Bearin based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.276
Ma 20Greater thanMa 5025.207
Ma 50Greater thanMa 10025.059
Ma 100Greater thanMa 20028.689
OpenGreater thanClose23.300
Total1/5 (20.0%)



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  6,833-2,2574,5761,9776,55311,34717,900-51,094-33,193



Latest Balance Sheet

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

Summary
Total Assets9,637,667
Total Liabilities4,807,327
Total Stockholder Equity4,730,153
 As reported
Total Liabilities 4,807,327
Total Stockholder Equity+ 4,730,153
Total Assets = 9,637,667

Assets

Total Assets9,637,667
Total Current Assets4,446,512
Long-term Assets5,191,155
Total Current Assets
Cash And Cash Equivalents 904,098
Short-term Investments 188,428
Net Receivables 1,356,321
Inventory 1,123,901
Other Current Assets 135,841
Total Current Assets  (as reported)4,446,512
Total Current Assets  (calculated)3,708,589
+/- 737,922
Long-term Assets
Property Plant Equipment 2,657,120
Goodwill 50,949
Intangible Assets 362,941
Long-term Assets Other 1,500,508
Long-term Assets  (as reported)5,191,155
Long-term Assets  (calculated)4,571,518
+/- 619,637

Liabilities & Shareholders' Equity

Total Current Liabilities3,015,360
Long-term Liabilities1,791,966
Total Stockholder Equity4,730,153
Total Current Liabilities
Short Long Term Debt 1,891,432
Accounts payable 969,969
Other Current Liabilities 1,600
Total Current Liabilities  (as reported)3,015,360
Total Current Liabilities  (calculated)2,863,001
+/- 152,360
Long-term Liabilities
Long term Debt 1,696,213
Capital Lease Obligations Min Short Term Debt6,915
Long-term Liabilities Other 15,752
Long-term Liabilities  (as reported)1,791,966
Long-term Liabilities  (calculated)1,718,880
+/- 73,086
Total Stockholder Equity
Retained Earnings 1,678,615
Total Stockholder Equity (as reported)4,730,153
Total Stockholder Equity (calculated)1,678,615
+/- 3,051,538
Other
Capital Stock345,362
Common Stock Shares Outstanding 345,362
Net Debt 2,683,547
Net Invested Capital 8,317,798
Net Working Capital 1,431,151
Property Plant and Equipment Gross 2,657,120



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-31
> Total Assets 
1,011,791
1,293,016
1,775,213
2,456,461
3,337,036
3,473,286
3,903,370
5,653,900
6,256,359
6,684,324
6,863,986
7,925,403
9,179,869
9,562,218
9,383,077
9,637,667
9,637,6679,383,0779,562,2189,179,8697,925,4036,863,9866,684,3246,256,3595,653,9003,903,3703,473,2863,337,0362,456,4611,775,2131,293,0161,011,791
   > Total Current Assets 
679,372
1,198,235
1,198,235
1,714,610
2,371,499
2,383,779
2,634,493
4,001,799
4,080,719
3,962,105
3,541,414
3,899,348
4,859,547
5,056,321
4,630,561
4,446,512
4,446,5124,630,5615,056,3214,859,5473,899,3483,541,4143,962,1054,080,7194,001,7992,634,4932,383,7792,371,4991,714,6101,198,2351,198,235679,372
       Cash And Cash Equivalents 
98,513
142,875
394,087
633,596
965,313
364,278
484,458
953,798
942,976
1,202,088
1,298,222
1,373,989
1,287,246
1,361,608
935,888
904,098
904,098935,8881,361,6081,287,2461,373,9891,298,2221,202,088942,976953,798484,458364,278965,313633,596394,087142,87598,513
       Short-term Investments 
0
0
0
0
203,067
486,698
473,217
1,066,940
879,344
346,309
40,819
255,140
648,141
325,684
211,152
188,428
188,428211,152325,684648,141255,14040,819346,309879,3441,066,940473,217486,698203,0670000
       Net Receivables 
314,489
442,408
442,408
678,771
763,745
1,036,690
1,230,698
1,620,235
1,712,111
1,788,379
1,649,504
1,492,588
999,992
1,794,514
2,078,687
1,356,321
1,356,3212,078,6871,794,514999,9921,492,5881,649,5041,788,3791,712,1111,620,2351,230,6981,036,690763,745678,771442,408442,408314,489
       Inventory 
125,935
282,154
282,154
372,184
350,223
433,279
425,754
318,856
537,198
568,129
505,222
692,877
763,934
1,304,907
1,358,458
1,123,901
1,123,9011,358,4581,304,907763,934692,877505,222568,129537,198318,856425,754433,279350,223372,184282,154282,154125,935
       Other Current Assets 
31,925
69,891
69,891
30,058
89,151
62,834
19,559
41,970
9,091
57,200
46,345
84,753
116,175
269,609
46,376
135,841
135,84146,376269,609116,17584,75346,34557,2009,09141,97019,55962,83489,15130,05869,89169,89131,925
   > Long-term Assets 
332,419
467,337
576,978
741,852
965,537
1,089,507
1,268,878
1,652,101
2,175,640
2,722,219
3,322,571
4,026,055
4,320,322
4,505,896
4,752,516
5,191,155
5,191,1554,752,5164,505,8964,320,3224,026,0553,322,5712,722,2192,175,6401,652,1011,268,8781,089,507965,537741,852576,978467,337332,419
       Property Plant Equipment 
0
317,860
317,860
439,962
575,315
593,920
732,534
877,955
1,157,169
1,208,207
1,462,646
1,858,600
2,090,579
2,170,440
2,449,719
2,657,120
2,657,1202,449,7192,170,4402,090,5791,858,6001,462,6461,208,2071,157,169877,955732,534593,920575,315439,962317,860317,8600
       Goodwill 
0
0
0
0
0
0
0
0
88,389
88,389
88,389
88,389
50,949
50,949
50,949
50,949
50,94950,94950,94950,94988,38988,38988,38988,38900000000
       Intangible Assets 
24,584
24,440
60,862
60,519
62,378
96,932
96,402
97,363
154,783
178,294
204,747
221,784
362,105
359,731
335,166
362,941
362,941335,166359,731362,105221,784204,747178,294154,78397,36396,40296,93262,37860,51960,86224,44024,584
       Long-term Assets Other 
31,948
171,990
188,489
669,748
312,494
376,470
412,320
501,007
493,632
812,265
1,131,321
1,417,232
1,352,989
1,458,181
1,444,637
1,500,508
1,500,5081,444,6371,458,1811,352,9891,417,2321,131,321812,265493,632501,007412,320376,470312,494669,748188,489171,99031,948
> Total Liabilities 
371,566
619,397
1,028,536
1,108,932
1,823,617
1,885,823
2,257,709
2,332,693
2,748,177
3,075,248
3,158,203
4,125,944
5,224,957
5,560,220
5,348,813
4,807,327
4,807,3275,348,8135,560,2205,224,9574,125,9443,158,2033,075,2482,748,1772,332,6932,257,7091,885,8231,823,6171,108,9321,028,536619,397371,566
   > Total Current Liabilities 
345,310
995,306
995,306
1,078,992
1,147,681
1,156,054
1,532,257
1,594,709
2,004,960
2,322,662
2,412,170
3,363,902
3,419,094
3,429,759
2,961,505
3,015,360
3,015,3602,961,5053,429,7593,419,0943,363,9022,412,1702,322,6622,004,9601,594,7091,532,2571,156,0541,147,6811,078,992995,306995,306345,310
       Short Long Term Debt 
154,676
120,403
120,889
71,085
115,160
200,075
330,165
430,027
549,373
881,885
1,020,936
1,747,050
1,657,131
1,425,693
1,385,479
1,891,432
1,891,4321,385,4791,425,6931,657,1311,747,0501,020,936881,885549,373430,027330,165200,075115,16071,085120,889120,403154,676
       Accounts payable 
124,342
552,403
552,403
891,091
939,528
843,270
1,077,060
1,006,685
1,253,637
1,183,775
1,138,225
1,383,064
1,517,952
1,742,675
1,295,875
969,969
969,9691,295,8751,742,6751,517,9521,383,0641,138,2251,183,7751,253,6371,006,6851,077,060843,270939,528891,091552,403552,403124,342
       Other Current Liabilities 
25,741
270,744
270,744
71,776
41,844
65,177
37,226
75,108
102,435
232,421
105,880
206,736
2,174
73,355
81,972
1,600
1,60081,97273,3552,174206,736105,880232,421102,43575,10837,22665,17741,84471,776270,744270,74425,741
   > Long-term Liabilities 
26,256
28,151
33,230
29,941
675,936
729,769
725,453
737,984
743,217
752,585
746,034
762,042
1,805,863
2,130,461
2,387,308
1,791,966
1,791,9662,387,3082,130,4611,805,863762,042746,034752,585743,217737,984725,453729,769675,93629,94133,23028,15126,256
       Long term Debt 
21,480
23,331
25,534
20,356
0
0
0
0
0
0
0
0
1,057,967
1,388,883
1,642,140
1,696,213
1,696,2131,642,1401,388,8831,057,9670000000020,35625,53423,33121,480
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
1,292
1,687
14,934
8,522
7,140
7,017
6,915
6,9157,0177,1408,52214,9341,6871,292000000000
       Other Liabilities 
0
7,696
7,696
9,585
665,087
724,250
723,466
737,177
743,217
751,294
744,347
747,108
0
734,438
738,151
0
0738,151734,4380747,108744,347751,294743,217737,177723,466724,250665,0879,5857,6967,6960
       Long-term Liabilities Other 
1,686
1,989
3,108
5,171
649,105
710,947
712,408
712,285
712,221
712,156
711,980
711,769
681,390
681,320
686,814
15,752
15,752686,814681,320681,390711,769711,980712,156712,221712,285712,408710,947649,1055,1713,1081,9891,686
> Total Stockholder Equity
640,225
673,619
746,677
1,347,529
1,513,419
1,587,463
1,645,661
3,321,207
3,435,772
3,533,328
3,626,172
3,717,868
3,870,169
3,912,964
3,940,049
4,730,153
4,730,1533,940,0493,912,9643,870,1693,717,8683,626,1723,533,3283,435,7723,321,2071,645,6611,587,4631,513,4191,347,529746,677673,619640,225
   Common Stock
0
79,500
79,500
106,000
106,000
106,000
180,200
193,946
193,946
193,946
329,709
329,709
0
329,709
329,709
0
0329,709329,7090329,709329,709193,946193,946193,946180,200106,000106,000106,00079,50079,5000
   Retained Earnings 
307,804
438,083
438,083
596,590
762,487
835,416
894,311
1,118,950
1,233,335
1,331,039
1,424,204
1,515,458
1,370,706
1,542,180
1,566,903
1,678,615
1,678,6151,566,9031,542,1801,370,7061,515,4581,424,2041,331,0391,233,3351,118,950894,311835,416762,487596,590438,083438,083307,804
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
0
14,790
14,790
14,784
14,777
15,892
15,195
15,308
15,488
15,340
15,019
15,461
0
183,835
186,175
0
0186,175183,835015,46115,01915,34015,48815,30815,19515,89214,77714,78414,79014,7900



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 (+$)
totalRevenue2,792,517
Cost of Revenue-2,073,506
Gross Profit719,011719,011
 
Operating Income (+$)
Gross Profit719,011
Operating Expense-2,308,233
Operating Income484,284-1,589,222
 
Operating Expense (+$)
Research Development131,378
Selling General Administrative59,794
Selling And Marketing Expenses-
Operating Expense2,308,233191,172
 
Net Interest Income (+$)
Interest Income6,840
Interest Expense-107,138
Other Finance Cost-17,212
Net Interest Income-83,086
 
Pretax Income (+$)
Operating Income484,284
Net Interest Income-83,086
Other Non-Operating Income Expenses-
Income Before Tax (EBT)355,029484,284
EBIT - interestExpense = -107,138
321,953
429,091
Interest Expense107,138
Earnings Before Interest and Taxes (EBIT)-462,167
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax355,029
Tax Provision-14,480
Net Income From Continuing Ops340,549340,549
Net Income321,953
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-83,086
 

Technical Analysis of Luoyang Xinqianglian Slewing Bearin
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 Luoyang Xinqianglian Slewing Bearin. The general trend of Luoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin'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 Luoyang Xinqianglian Slewing Bearin.

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: 27.18 < 27.86 < 28.07.

The bearish price targets are: 18.40.

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Luoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin. 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

Luoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin. The current macd is -0.24812404.

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 Luoyang Xinqianglian Slewing Bearin price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Luoyang Xinqianglian Slewing Bearin. 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 Luoyang Xinqianglian Slewing Bearin 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
Luoyang Xinqianglian Slewing Bearin Daily Moving Average Convergence/Divergence (MACD) ChartLuoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin. The current adx is 15.78.

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 Luoyang Xinqianglian Slewing Bearin 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
Luoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin. The current sar is 26.54.

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
Luoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin. The current rsi is 40.28. 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
Luoyang Xinqianglian Slewing Bearin Daily Relative Strength Index (RSI) ChartLuoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Luoyang Xinqianglian Slewing Bearin price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Luoyang Xinqianglian Slewing Bearin Daily Stochastic Oscillator ChartLuoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin. The current cci is -184.21865349.

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
Luoyang Xinqianglian Slewing Bearin Daily Commodity Channel Index (CCI) ChartLuoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin. The current cmo is -28.70161967.

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
Luoyang Xinqianglian Slewing Bearin Daily Chande Momentum Oscillator (CMO) ChartLuoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin. The current willr is -87.55980861.

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
Luoyang Xinqianglian Slewing Bearin Daily Williams %R ChartLuoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin.

Luoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin. The current atr is 1.02793303.

Luoyang Xinqianglian Slewing Bearin Daily Average True Range (ATR) ChartLuoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin. The current obv is -241,259,648.

Luoyang Xinqianglian Slewing Bearin Daily On-Balance Volume (OBV) ChartLuoyang Xinqianglian Slewing Bearin 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 Luoyang Xinqianglian Slewing Bearin. The current mfi is 52.14.

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
Luoyang Xinqianglian Slewing Bearin Daily Money Flow Index (MFI) ChartLuoyang Xinqianglian Slewing Bearin Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Luoyang Xinqianglian Slewing Bearin.

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
2023-11-02MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-27DMI 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.
2023-11-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-20MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
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).
2024-02-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
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).
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
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

Luoyang Xinqianglian Slewing Bearin Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Luoyang Xinqianglian Slewing Bearin based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.276
Ma 20Greater thanMa 5025.207
Ma 50Greater thanMa 10025.059
Ma 100Greater thanMa 20028.689
OpenGreater thanClose23.300
Total1/5 (20.0%)
Penke

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