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Ningbo Daye Garden Machinery Co Ltd
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Let's analyse Ningbo Daye Garden Machinery Co Ltd together

PenkeI guess you are interested in Ningbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd (30 sec.)










What can you expect buying and holding a share of Ningbo Daye Garden Machinery Co Ltd? (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
¥6.03
Expected worth in 1 year
¥5.81
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
¥0.01
Return On Investment
0.1%

For what price can you sell your share?

Current Price per Share
¥11.89
Expected price per share
¥7.29 - ¥16.02
How sure are you?
50%

1. Valuation of Ningbo Daye Garden Machinery Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥11.89

Intrinsic Value Per Share

¥11.38 - ¥14.30

Total Value Per Share

¥17.41 - ¥20.33

2. Growth of Ningbo Daye Garden Machinery Co Ltd (5 min.)




Is Ningbo Daye Garden Machinery Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$133.5m$138m-$4m-3.1%

How much money is Ningbo Daye Garden Machinery Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$2.6m$1.7m-$4.3m-163.3%
Net Profit Margin-21.4%1.1%--

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

3. Financial Health of Ningbo Daye Garden Machinery Co Ltd (5 min.)




4. Comparing to competitors in the Tools & Accessories industry (5 min.)




  Industry Rankings (Tools & Accessories)  


Richest
#52 / 97

Most Revenue
#56 / 97

Most Profit
#91 / 97

What can you expect buying and holding a share of Ningbo Daye Garden Machinery Co Ltd? (5 min.)

Welcome investor! Ningbo Daye Garden Machinery Co Ltd's management wants to use your money to grow the business. In return you get a share of Ningbo Daye Garden Machinery Co Ltd.

What can you expect buying and holding a share of Ningbo Daye Garden Machinery Co Ltd?

First you should know what it really means to hold a share of Ningbo Daye Garden Machinery Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Ningbo Daye Garden Machinery Co Ltd is ¥11.89. 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 Ningbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery 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 ¥6.03. Based on the TTM, the Book Value Change Per Share is ¥-0.06 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 ¥0.06 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ningbo Daye Garden Machinery 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 Eps-0.03-0.3%0.000.0%0.010.1%0.010.1%0.010.1%
Usd Book Value Change Per Share-0.01-0.1%-0.01-0.1%0.010.1%0.050.4%0.050.4%
Usd Dividend Per Share0.010.1%0.010.1%0.010.1%0.010.1%0.010.1%
Usd Total Gains Per Share0.000.0%0.000.0%0.020.1%0.060.5%0.060.5%
Usd Price Per Share2.31-2.46-2.66-2.41-2.41-
Price to Earnings Ratio-18.62--35.21--11.64-25.42-25.42-
Price-to-Total Gains Ratio-537.50--87.30--165.45--18.01--18.01-
Price to Book Ratio2.77-2.94-3.08-2.90-2.90-
Price-to-Total Gains Ratio-537.50--87.30--165.45--18.01--18.01-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.645576
Number of shares607
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share-0.010.05
Usd Total Gains Per Share0.000.06
Gains per Quarter (607 shares)0.1736.39
Gains per Year (607 shares)0.69145.57
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
119-19-919127136
239-37-838253282
358-56-757380428
477-75-676507574
597-93-594633720
6116-112-4113760866
7136-131-31328871012
8155-149-215110131158
9174-168-117011401304
10194-187018912671450

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 Share2.02.00.050.0%8.04.00.066.7%12.04.00.075.0%12.04.00.075.0%12.04.00.075.0%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%10.05.01.062.5%10.05.01.062.5%10.05.01.062.5%
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 Share2.02.00.050.0%8.04.00.066.7%12.04.00.075.0%12.04.00.075.0%12.04.00.075.0%

Fundamentals of Ningbo Daye Garden Machinery Co Ltd

About Ningbo Daye Garden Machinery Co Ltd

Ningbo Daye Garden Machinery Co.,Ltd. engages in the manufacturing and selling of garden power tools and garden watering products in China and internationally. It offers cordless garden tools, petrol lawnmowers, electric lawnmowers, electric grass trimmers, blower vacs, cultivators, snow throwers trimmers and brush cutters, and robotic mowers. The company was incorporated in 2006 and is based in Yuyao, China.

Fundamental data was last updated by Penke on 2024-03-11 05:13:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 just able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Ningbo Daye Garden Machinery Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ningbo Daye Garden Machinery Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Ningbo Daye Garden Machinery Co Ltd to the Tools & Accessories industry mean.
  • A Net Profit Margin of -50.2% means that ¥-0.50 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ningbo Daye Garden Machinery Co Ltd:

  • The MRQ is -50.2%. The company is making a huge loss. -2
  • The TTM is -21.4%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-50.2%TTM-21.4%-28.8%
TTM-21.4%YOY1.1%-22.4%
TTM-21.4%5Y-1.8%-19.6%
5Y-1.8%10Y-1.8%0.0%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-50.2%5.8%-56.0%
TTM-21.4%6.2%-27.6%
YOY1.1%8.1%-7.0%
5Y-1.8%6.9%-8.7%
10Y-1.8%7.6%-9.4%
1.1.2. Return on Assets

Shows how efficient Ningbo Daye Garden Machinery Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ningbo Daye Garden Machinery Co Ltd to the Tools & Accessories industry mean.
  • -1.1% Return on Assets means that Ningbo Daye Garden Machinery Co Ltd generated ¥-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ningbo Daye Garden Machinery Co Ltd:

  • The MRQ is -1.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.1%TTM-0.7%-0.4%
TTM-0.7%YOY0.5%-1.1%
TTM-0.7%5Y0.6%-1.3%
5Y0.6%10Y0.6%0.0%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.1%1.3%-2.4%
TTM-0.7%1.5%-2.2%
YOY0.5%1.5%-1.0%
5Y0.6%1.5%-0.9%
10Y0.6%1.5%-0.9%
1.1.3. Return on Equity

Shows how efficient Ningbo Daye Garden Machinery Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ningbo Daye Garden Machinery Co Ltd to the Tools & Accessories industry mean.
  • -3.7% Return on Equity means Ningbo Daye Garden Machinery Co Ltd generated ¥-0.04 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ningbo Daye Garden Machinery Co Ltd:

  • The MRQ is -3.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -2.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.7%TTM-2.0%-1.7%
TTM-2.0%YOY1.2%-3.2%
TTM-2.0%5Y1.5%-3.6%
5Y1.5%10Y1.5%0.0%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.7%2.3%-6.0%
TTM-2.0%2.6%-4.6%
YOY1.2%3.0%-1.8%
5Y1.5%2.9%-1.4%
10Y1.5%2.9%-1.4%

1.2. Operating Efficiency of Ningbo Daye Garden Machinery Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ningbo Daye Garden Machinery Co Ltd is operating .

  • Measures how much profit Ningbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd to the Tools & Accessories 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 Ningbo Daye Garden Machinery Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.9%-0.9%
TTM0.9%YOY-1.3%+2.3%
TTM0.9%5Y21.3%-20.4%
5Y21.3%10Y21.3%0.0%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.8%-8.8%
TTM0.9%4.6%-3.7%
YOY-1.3%8.9%-10.2%
5Y21.3%9.1%+12.2%
10Y21.3%8.0%+13.3%
1.2.2. Operating Ratio

Measures how efficient Ningbo Daye Garden Machinery Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Tools & Accessories industry mean).
  • An Operation Ratio of 2.29 means that the operating costs are ¥2.29 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Ningbo Daye Garden Machinery Co Ltd:

  • The MRQ is 2.292. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.016. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.292TTM2.016+0.276
TTM2.016YOY1.874+0.141
TTM2.0165Y1.853+0.163
5Y1.85310Y1.8530.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2921.559+0.733
TTM2.0161.555+0.461
YOY1.8741.524+0.350
5Y1.8531.533+0.320
10Y1.8531.270+0.583

1.3. Liquidity of Ningbo Daye Garden Machinery Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ningbo Daye Garden Machinery Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Tools & Accessories industry mean).
  • A Current Ratio of 2.17 means the company has ¥2.17 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Ningbo Daye Garden Machinery Co Ltd:

  • The MRQ is 2.167. The company is able to pay all its short-term debts. +1
  • The TTM is 1.247. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ2.167TTM1.247+0.921
TTM1.247YOY1.101+0.146
TTM1.2475Y1.159+0.088
5Y1.15910Y1.1590.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1672.171-0.004
TTM1.2472.218-0.971
YOY1.1012.021-0.920
5Y1.1592.196-1.037
10Y1.1591.953-0.794
1.3.2. Quick Ratio

Measures if Ningbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd to the Tools & Accessories industry mean.
  • A Quick Ratio of 0.10 means the company can pay off ¥0.10 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ningbo Daye Garden Machinery Co Ltd:

  • The MRQ is 0.103. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.185. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.103TTM0.185-0.083
TTM0.185YOY0.322-0.137
TTM0.1855Y0.281-0.095
5Y0.28110Y0.2810.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1030.855-0.752
TTM0.1850.847-0.662
YOY0.3220.829-0.507
5Y0.2810.971-0.690
10Y0.2810.953-0.672

1.4. Solvency of Ningbo Daye Garden Machinery Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ningbo Daye Garden Machinery Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ningbo Daye Garden Machinery Co Ltd to Tools & Accessories industry mean.
  • A Debt to Asset Ratio of 0.71 means that Ningbo Daye Garden Machinery Co Ltd assets are financed with 70.5% credit (debt) and the remaining percentage (100% - 70.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ningbo Daye Garden Machinery Co Ltd:

  • The MRQ is 0.705. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.648. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.705TTM0.648+0.057
TTM0.648YOY0.595+0.054
TTM0.6485Y0.593+0.055
5Y0.59310Y0.5930.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7050.429+0.276
TTM0.6480.442+0.206
YOY0.5950.452+0.143
5Y0.5930.429+0.164
10Y0.5930.418+0.175
1.4.2. Debt to Equity Ratio

Measures if Ningbo Daye Garden Machinery Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ningbo Daye Garden Machinery Co Ltd to the Tools & Accessories industry mean.
  • A Debt to Equity ratio of 239.4% means that company has ¥2.39 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ningbo Daye Garden Machinery Co Ltd:

  • The MRQ is 2.394. The company is just not able to pay all its debts with equity.
  • The TTM is 1.873. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.394TTM1.873+0.521
TTM1.873YOY1.474+0.399
TTM1.8735Y1.531+0.342
5Y1.53110Y1.5310.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3940.784+1.610
TTM1.8730.821+1.052
YOY1.4740.834+0.640
5Y1.5310.796+0.735
10Y1.5310.808+0.723

2. Market Valuation of Ningbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd generates.

  • Above 15 is considered overpriced but always compare Ningbo Daye Garden Machinery Co Ltd to the Tools & Accessories industry mean.
  • A PE ratio of -18.62 means the investor is paying ¥-18.62 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ningbo Daye Garden Machinery Co Ltd:

  • The EOD is -13.273. Based on the earnings, the company is expensive. -2
  • The MRQ is -18.620. Based on the earnings, the company is expensive. -2
  • The TTM is -35.208. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-13.273MRQ-18.620+5.347
MRQ-18.620TTM-35.208+16.589
TTM-35.208YOY-11.642-23.567
TTM-35.2085Y25.417-60.625
5Y25.41710Y25.4170.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD-13.27317.378-30.651
MRQ-18.62016.205-34.825
TTM-35.20815.914-51.122
YOY-11.64216.932-28.574
5Y25.41721.566+3.851
10Y25.41723.040+2.377
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ningbo Daye Garden Machinery Co Ltd:

  • The EOD is 10.923. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 15.323. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 25.281. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD10.923MRQ15.323-4.400
MRQ15.323TTM25.281-9.957
TTM25.281YOY2.825+22.455
TTM25.2815Y3.800+21.481
5Y3.80010Y3.8000.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD10.9237.599+3.324
MRQ15.3238.212+7.111
TTM25.2816.512+18.769
YOY2.8253.403-0.578
5Y3.8004.131-0.331
10Y3.8003.114+0.686
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ningbo Daye Garden Machinery Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Tools & Accessories industry mean).
  • A PB ratio of 2.77 means the investor is paying ¥2.77 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Ningbo Daye Garden Machinery Co Ltd:

  • The EOD is 1.971. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.765. Based on the equity, the company is underpriced. +1
  • The TTM is 2.937. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.971MRQ2.765-0.794
MRQ2.765TTM2.937-0.171
TTM2.937YOY3.084-0.148
TTM2.9375Y2.899+0.037
5Y2.89910Y2.8990.000
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD1.9711.822+0.149
MRQ2.7651.886+0.879
TTM2.9371.825+1.112
YOY3.0841.813+1.271
5Y2.8992.003+0.896
10Y2.8992.453+0.446
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ningbo Daye Garden Machinery 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---0.104-0.056-47%0.044-336%0.377-128%0.377-128%
Book Value Per Share--6.0326.0480%6.233-3%5.499+10%5.499+10%
Current Ratio--2.1671.247+74%1.101+97%1.159+87%1.159+87%
Debt To Asset Ratio--0.7050.648+9%0.595+19%0.593+19%0.593+19%
Debt To Equity Ratio--2.3941.873+28%1.474+62%1.531+56%1.531+56%
Dividend Per Share--0.0730.058+27%0.080-9%0.056+30%0.056+30%
Eps---0.224-0.011-95%0.077-392%0.087-358%0.087-358%
Free Cash Flow Per Share--0.272-0.025+109%-0.306+212%-0.257+194%-0.257+194%
Free Cash Flow To Equity Per Share--0.2720.219+24%-0.144+153%0.159+72%0.159+72%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--14.299--------
Intrinsic Value_10Y_min--11.375--------
Intrinsic Value_1Y_max---0.947--------
Intrinsic Value_1Y_min---0.932--------
Intrinsic Value_3Y_max---1.032--------
Intrinsic Value_3Y_min---1.022--------
Intrinsic Value_5Y_max--1.070--------
Intrinsic Value_5Y_min--0.837--------
Market Cap1902411794.880-40%2668816546.5602842817625.360-6%3073219053.840-13%2788917291.180-4%2788917291.180-4%
Net Profit Margin---0.502-0.214-57%0.011-4834%-0.018-96%-0.018-96%
Operating Margin---0.009-100%-0.0130%0.213-100%0.213-100%
Operating Ratio--2.2922.016+14%1.874+22%1.853+24%1.853+24%
Pb Ratio1.971-40%2.7652.937-6%3.084-10%2.899-5%2.899-5%
Pe Ratio-13.273+29%-18.620-35.208+89%-11.642-37%25.417-173%25.417-173%
Price Per Share11.890-40%16.68017.768-6%19.208-13%17.431-4%17.431-4%
Price To Free Cash Flow Ratio10.923-40%15.32325.281-39%2.825+442%3.800+303%3.800+303%
Price To Total Gains Ratio-383.147+29%-537.502-87.305-84%-165.453-69%-18.011-97%-18.011-97%
Quick Ratio--0.1030.185-45%0.322-68%0.281-63%0.281-63%
Return On Assets---0.011-0.007-38%0.005-335%0.006-280%0.006-280%
Return On Equity---0.037-0.020-45%0.012-415%0.015-342%0.015-342%
Total Gains Per Share---0.0310.002-1614%0.124-125%0.433-107%0.433-107%
Usd Book Value--133574013.631133926077.9500%138023171.967-3%121777695.816+10%121777695.816+10%
Usd Book Value Change Per Share---0.014-0.008-47%0.006-336%0.052-128%0.052-128%
Usd Book Value Per Share--0.8350.8370%0.863-3%0.761+10%0.761+10%
Usd Dividend Per Share--0.0100.008+27%0.011-9%0.008+30%0.008+30%
Usd Eps---0.031-0.001-95%0.011-392%0.012-358%0.012-358%
Usd Free Cash Flow--6026232.583-542781.215+109%-6770671.427+212%-5693588.802+194%-5693588.802+194%
Usd Free Cash Flow Per Share--0.038-0.003+109%-0.042+212%-0.036+194%-0.036+194%
Usd Free Cash Flow To Equity Per Share--0.0380.030+24%-0.020+153%0.022+72%0.022+72%
Usd Market Cap263293792.411-40%369364210.044393445959.350-6%425333517.051-13%385986153.099-4%385986153.099-4%
Usd Price Per Share1.646-40%2.3092.459-6%2.658-13%2.412-4%2.412-4%
Usd Profit---4959353.063-2687039.566-46%1700439.550-392%1312788.354-478%1312788.354-478%
Usd Revenue--9877885.82332954368.467-70%60259133.631-84%45376083.202-78%45376083.202-78%
Usd Total Gains Per Share---0.0040.000-1614%0.017-125%0.060-107%0.060-107%
 EOD+4 -4MRQTTM+11 -24YOY+9 -255Y+14 -2110Y+14 -21

3.2. Fundamental Score

Let's check the fundamental score of Ningbo Daye Garden Machinery Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-13.273
Price to Book Ratio (EOD)Between0-11.971
Net Profit Margin (MRQ)Greater than0-0.502
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.103
Current Ratio (MRQ)Greater than12.167
Debt to Asset Ratio (MRQ)Less than10.705
Debt to Equity Ratio (MRQ)Less than12.394
Return on Equity (MRQ)Greater than0.15-0.037
Return on Assets (MRQ)Greater than0.05-0.011
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Ningbo Daye Garden Machinery Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.580
Ma 20Greater thanMa 5011.916
Ma 50Greater thanMa 10012.303
Ma 100Greater thanMa 20014.824
OpenGreater thanClose11.890
Total0/5 (0.0%)



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  4151,9182,332-1,8634701,0471,517-7,088-5,571



Latest Balance Sheet

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

Summary
Total Assets3,275,857
Total Liabilities2,310,727
Total Stockholder Equity965,130
 As reported
Total Liabilities 2,310,727
Total Stockholder Equity+ 965,130
Total Assets = 3,275,857

Assets

Total Assets3,275,857
Total Current Assets1,980,764
Long-term Assets1,295,093
Total Current Assets
Cash And Cash Equivalents 1,081,207
Short-term Investments 41
Net Receivables 93,994
Inventory 676,751
Other Current Assets 35,717
Total Current Assets  (as reported)1,980,764
Total Current Assets  (calculated)1,887,710
+/- 93,054
Long-term Assets
Property Plant Equipment 1,021,201
Intangible Assets 194,143
Long-term Assets Other 11,660
Long-term Assets  (as reported)1,295,093
Long-term Assets  (calculated)1,227,003
+/- 68,090

Liabilities & Shareholders' Equity

Total Current Liabilities914,014
Long-term Liabilities1,396,713
Total Stockholder Equity965,130
Total Current Liabilities
Short Long Term Debt 496,584
Accounts payable 352,022
Other Current Liabilities 1,459
Total Current Liabilities  (as reported)914,014
Total Current Liabilities  (calculated)850,065
+/- 63,949
Long-term Liabilities
Long term Debt 1,374,032
Capital Lease Obligations Min Short Term Debt13,989
Long-term Liabilities  (as reported)1,396,713
Long-term Liabilities  (calculated)1,388,021
+/- 8,691
Total Stockholder Equity
Retained Earnings 272,939
Total Stockholder Equity (as reported)965,130
Total Stockholder Equity (calculated)272,939
+/- 692,191
Other
Capital Stock160,000
Common Stock Shares Outstanding 160,000
Net Debt 789,409
Net Invested Capital 2,835,746
Net Working Capital 1,066,749
Property Plant and Equipment Gross 1,021,201



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 
1,525,850
0
1,238,932
1,639,489
1,829,053
2,050,336
2,213,420
2,137,099
2,512,460
2,643,293
2,329,234
2,378,952
2,619,347
2,705,912
2,516,160
3,275,857
3,275,8572,516,1602,705,9122,619,3472,378,9522,329,2342,643,2932,512,4602,137,0992,213,4202,050,3361,829,0531,639,4891,238,93201,525,850
   > Total Current Assets 
941,367
0
602,151
960,396
953,147
1,169,664
1,252,317
1,159,985
1,480,028
1,621,320
1,300,018
1,339,760
1,432,158
1,492,120
1,232,651
1,980,764
1,980,7641,232,6511,492,1201,432,1581,339,7601,300,0181,621,3201,480,0281,159,9851,252,3171,169,664953,147960,396602,1510941,367
       Cash And Cash Equivalents 
102,753
0
182,259
552,070
154,910
229,043
365,394
232,566
118,870
260,746
280,373
157,134
113,030
250,394
242,252
1,081,207
1,081,207242,252250,394113,030157,134280,373260,746118,870232,566365,394229,043154,910552,070182,2590102,753
       Short-term Investments 
4,194
0
348
5,463
15,989
5,385
4,506
2,195
7,344
7,494
287
823
612
1,176
0
41
4101,1766128232877,4947,3442,1954,5065,38515,9895,46334804,194
       Net Receivables 
342,973
0
223,034
87,262
206,930
470,898
332,137
283,585
432,380
661,667
267,246
333,959
243,826
394,029
302,748
93,994
93,994302,748394,029243,826333,959267,246661,667432,380283,585332,137470,898206,93087,262223,0340342,973
       Inventory 
458,646
0
157,842
269,673
510,867
428,512
513,292
601,458
859,289
623,170
694,494
769,143
950,877
775,555
626,831
676,751
676,751626,831775,555950,877769,143694,494623,170859,289601,458513,292428,512510,867269,673157,8420458,646
       Other Current Assets 
36,995
0
27,817
45,929
75,567
35,826
26,582
40,181
33,818
68,244
29,989
78,700
46,603
70,966
60,820
35,717
35,71760,82070,96646,60378,70029,98968,24433,81840,18126,58235,82675,56745,92927,817036,995
   > Long-term Assets 
584,482
0
636,781
679,093
875,905
880,672
961,103
977,114
1,032,432
1,021,973
1,029,216
1,039,192
1,187,189
1,213,792
1,283,509
1,295,093
1,295,0931,283,5091,213,7921,187,1891,039,1921,029,2161,021,9731,032,432977,114961,103880,672875,905679,093636,7810584,482
       Property Plant Equipment 
469,364
0
0
564,791
686,336
692,366
766,611
785,891
843,271
837,045
831,635
844,892
980,448
1,002,378
1,038,761
1,021,201
1,021,2011,038,7611,002,378980,448844,892831,635837,045843,271785,891766,611692,366686,336564,79100469,364
       Intangible Assets 
106,330
0
105,067
104,576
175,341
174,502
173,066
172,337
171,588
170,266
168,899
167,563
166,277
164,813
199,263
194,143
194,143199,263164,813166,277167,563168,899170,266171,588172,337173,066174,502175,341104,576105,0670106,330
       Other Assets 
8,788
0
0
9,726
14,229
13,804
21,425
18,886
17,573
14,661
28,683
26,737
40,464
46,601
45,486
0
045,48646,60140,46426,73728,68314,66117,57318,88621,42513,80414,2299,726008,788
> Total Liabilities 
1,047,369
0
701,639
732,419
909,790
1,090,448
1,247,832
1,164,619
1,555,945
1,624,128
1,316,522
1,378,234
1,665,504
1,735,998
1,534,352
2,310,727
2,310,7271,534,3521,735,9981,665,5041,378,2341,316,5221,624,1281,555,9451,164,6191,247,8321,090,448909,790732,419701,63901,047,369
   > Total Current Liabilities 
846,433
0
444,388
474,774
799,143
981,478
1,098,669
1,019,136
1,412,569
1,407,405
1,166,123
1,230,302
1,484,528
1,532,143
1,400,008
914,014
914,0141,400,0081,532,1431,484,5281,230,3021,166,1231,407,4051,412,5691,019,1361,098,669981,478799,143474,774444,3880846,433
       Short Long Term Debt 
359,415
0
125,905
119,772
293,423
495,382
550,767
570,576
698,397
745,553
584,688
751,680
842,833
965,975
891,032
496,584
496,584891,032965,975842,833751,680584,688745,553698,397570,576550,767495,382293,423119,772125,9050359,415
       Accounts payable 
456,659
0
279,344
273,966
451,816
436,642
487,341
396,821
638,790
588,904
492,869
408,848
576,555
466,194
385,890
352,022
352,022385,890466,194576,555408,848492,869588,904638,790396,821487,341436,642451,816273,966279,3440456,659
       Other Current Liabilities 
5,807
0
10,014
71,184
8,237
21,677
11,147
10,565
7,002
27,701
55,922
20,951
0
16,884
23,663
1,459
1,45923,66316,884020,95155,92227,7017,00210,56511,14721,6778,23771,18410,01405,807
   > Long-term Liabilities 
200,937
0
257,250
257,645
110,647
108,969
149,163
145,483
143,375
216,723
150,400
147,932
180,976
203,855
134,344
1,396,713
1,396,713134,344203,855180,976147,932150,400216,723143,375145,483149,163108,969110,647257,645257,2500200,937
       Long term Debt 
192,144
0
249,192
248,898
100,150
100,150
100,136
100,136
99,729
129,765
112,925
112,925
149,956
177,260
109,097
1,374,032
1,374,032109,097177,260149,956112,925112,925129,76599,729100,136100,136100,150100,150248,898249,1920192,144
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
40,427
37,180
34,522
32,046
29,603
27,152
22,700
18,391
17,158
13,989
13,98917,15818,39122,70027,15229,60332,04634,52237,18040,427000000
       Other Liabilities 
8,793
0
0
8,747
10,498
8,820
8,600
8,166
9,124
54,912
7,872
7,855
8,319
8,204
8,088
0
08,0888,2048,3197,8557,87254,9129,1248,1668,6008,82010,4988,747008,793
       Long-term Liabilities Other 
0
0
249,192
0
0
0
0
0
0
45,863
0
0
0
0
0
0
00000045,863000000249,19200
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
1,574
1,895
1,739
0
01,7391,8951,574000000000000
> Total Stockholder Equity
478,480
0
537,294
907,069
919,263
959,888
965,588
972,479
956,516
1,019,164
1,012,712
1,000,718
953,843
969,914
981,808
965,130
965,130981,808969,914953,8431,000,7181,012,7121,019,164956,516972,479965,588959,888919,263907,069537,2940478,480
   Common Stock
120,000
0
0
160,000
160,000
160,000
160,000
160,000
160,000
160,000
160,000
160,000
160,000
160,000
160,000
0
0160,000160,000160,000160,000160,000160,000160,000160,000160,000160,000160,000160,00000120,000
   Retained Earnings 
233,788
0
270,588
296,312
310,490
350,886
357,899
366,628
350,012
410,572
404,059
394,974
340,463
356,793
353,148
272,939
272,939353,148356,793340,463394,974404,059410,572350,012366,628357,899350,886310,490296,312270,5880233,788
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
723
0
0
1,527
-458
-228
-1,543
-3,380
-3,556
-3,953
-6,377
-11,772
-1,785
-3,413
10,757
0
010,757-3,413-1,785-11,772-6,377-3,953-3,556-3,380-1,543-228-4581,52700723



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 (+$)
totalRevenue952,438
Cost of Revenue-778,801
Gross Profit173,637173,637
 
Operating Income (+$)
Gross Profit173,637
Operating Expense-1,016,240
Operating Income-63,802-842,603
 
Operating Expense (+$)
Research Development66,895
Selling General Administrative113,280
Selling And Marketing Expenses-
Operating Expense1,016,240180,175
 
Net Interest Income (+$)
Interest Income2,192
Interest Expense-35,911
Other Finance Cost-41,709
Net Interest Income-75,428
 
Pretax Income (+$)
Operating Income-63,802
Net Interest Income-75,428
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-112,283-63,802
EBIT - interestExpense = -35,911
-77,660
-41,749
Interest Expense35,911
Earnings Before Interest and Taxes (EBIT)--76,372
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-112,283
Tax Provision--34,623
Net Income From Continuing Ops-77,660-77,660
Net Income-77,660
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-75,428
 

Technical Analysis of Ningbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The general trend of Ningbo Daye Garden Machinery Co Ltd is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ningbo Daye Garden Machinery Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Ningbo Daye Garden Machinery 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: 13.00 < 15.05 < 16.02.

The bearish price targets are: 7.29.

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Ningbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending 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 lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending 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

Ningbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The current macd is -0.01458427.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ningbo Daye Garden Machinery Co Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ningbo Daye Garden Machinery Co Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ningbo Daye Garden Machinery Co Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Ningbo Daye Garden Machinery Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNingbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The current adx is 16.21.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Ningbo Daye Garden Machinery Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Ningbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The current sar is 12.83.

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
Ningbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The current rsi is 48.58. 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
Ningbo Daye Garden Machinery Co Ltd Daily Relative Strength Index (RSI) ChartNingbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %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 Ningbo Daye Garden Machinery Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Ningbo Daye Garden Machinery Co Ltd Daily Stochastic Oscillator ChartNingbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The current cci is -25.34726977.

Ningbo Daye Garden Machinery Co Ltd Daily Commodity Channel Index (CCI) ChartNingbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The current cmo is -2.45317824.

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
Ningbo Daye Garden Machinery Co Ltd Daily Chande Momentum Oscillator (CMO) ChartNingbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The current willr is -66.86746988.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Ningbo Daye Garden Machinery Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Ningbo Daye Garden Machinery Co Ltd Daily Williams %R ChartNingbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd.

Ningbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The current atr is 0.60757127.

Ningbo Daye Garden Machinery Co Ltd Daily Average True Range (ATR) ChartNingbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The current obv is -5,570,532.

Ningbo Daye Garden Machinery Co Ltd Daily On-Balance Volume (OBV) ChartNingbo Daye Garden Machinery 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 Ningbo Daye Garden Machinery Co Ltd. The current mfi is 67.28.

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
Ningbo Daye Garden Machinery Co Ltd Daily Money Flow Index (MFI) ChartNingbo Daye Garden Machinery Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ningbo Daye Garden Machinery Co Ltd.

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

Ningbo Daye Garden Machinery Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ningbo Daye Garden Machinery Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.580
Ma 20Greater thanMa 5011.916
Ma 50Greater thanMa 10012.303
Ma 100Greater thanMa 20014.824
OpenGreater thanClose11.890
Total0/5 (0.0%)
Penke

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