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Shengtak New Material Co Ltd
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Let's analyse Shengtak New Material Co Ltd together

PenkeI guess you are interested in Shengtak New Material 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 Shengtak New Material 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 Shengtak New Material Co Ltd (30 sec.)










What can you expect buying and holding a share of Shengtak New Material Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.05
When do you have the money?
1 year
How often do you get paid?
94.1%

What is your share worth?

Current worth
¥7.96
Expected worth in 1 year
¥8.53
How sure are you?
94.1%

+ What do you gain per year?

Total Gains per Share
¥0.94
Return On Investment
3.7%

For what price can you sell your share?

Current Price per Share
¥25.71
Expected price per share
¥17.96 - ¥29.36
How sure are you?
50%

1. Valuation of Shengtak New Material Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥25.71

Intrinsic Value Per Share

¥-15.96 - ¥-18.00

Total Value Per Share

¥-8.00 - ¥-10.04

2. Growth of Shengtak New Material Co Ltd (5 min.)




Is Shengtak New Material Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$121.1m$109.7m$8.8m7.4%

How much money is Shengtak New Material Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$3.4m$2.3m$1m31.9%
Net Profit Margin6.6%5.6%--

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

3. Financial Health of Shengtak New Material Co Ltd (5 min.)




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




  Industry Rankings (Steel)  


Richest
#215 / 330

Most Revenue
#250 / 330

Most Profit
#180 / 330

What can you expect buying and holding a share of Shengtak New Material Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Shengtak New Material Co Ltd?

First you should know what it really means to hold a share of Shengtak New Material Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Shengtak New Material Co Ltd is ¥25.71. 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 Shengtak New Material 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 Shengtak New Material 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 ¥7.96. Based on the TTM, the Book Value Change Per Share is ¥0.14 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.13 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 ¥0.09 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shengtak New Material Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.030.1%0.030.1%0.020.1%0.020.1%0.020.1%
Usd Book Value Change Per Share0.030.1%0.020.1%0.020.1%0.060.3%0.060.3%
Usd Dividend Per Share0.000.0%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Total Gains Per Share0.030.1%0.030.1%0.020.1%0.070.3%0.070.3%
Usd Price Per Share4.20-4.46-3.55-3.22-3.22-
Price to Earnings Ratio39.69-36.99-42.54-40.64-40.64-
Price-to-Total Gains Ratio150.21-141.32-149.76--103.79--103.79-
Price to Book Ratio3.81-4.14-3.56-3.25-3.25-
Price-to-Total Gains Ratio150.21-141.32-149.76--103.79--103.79-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.558264
Number of shares281
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.020.06
Usd Total Gains Per Share0.030.07
Gains per Quarter (281 shares)9.1319.71
Gains per Year (281 shares)36.5178.86
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
114222767369
229446412146148
3436610118218227
4578913824291306
57211117530364385
68613321236437464
710015524942510543
811517728648583622
912919932354655701
1014322236060728780

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%17.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%14.02.01.082.4%14.02.01.082.4%14.02.01.082.4%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%16.00.01.094.1%16.00.01.094.1%16.00.01.094.1%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%16.01.00.094.1%16.01.00.094.1%16.01.00.094.1%

Fundamentals of Shengtak New Material Co Ltd

About Shengtak New Material Co Ltd

Shengtak New Material Co., Ltd engages in the research and development, production, and sale of seamless steel pipes for use in industrial energy equipment in China. The company offers seamless steel tubes, which include alloy steel, stainless steel, and carbon steel pipes. It also provides cold rolled precision steel, cold-drawn low-carbon, fluid transportation, integrated spiral finned, rifled, seamless steel, shaped, and stainless-steel tubes, as well as stainless steel-carbon steel composite pipes. In addition, the company offers pressure-welded steel gratings and ball joint railings. It serves power station boiler equipment manufacturing, energy equipment manufacturing, petroleum refining, and other industries. The company was founded in 2001 and is based in Changzhou, China.

Fundamental data was last updated by Penke on 2024-03-11 05:14:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Shengtak New Material Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Shengtak New Material Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Shengtak New Material Co Ltd to the Steel industry mean.
  • A Net Profit Margin of 4.0% means that ¥0.04 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Shengtak New Material Co Ltd:

  • The MRQ is 4.0%. The company is making a profit. +1
  • The TTM is 6.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.0%TTM6.6%-2.6%
TTM6.6%YOY5.6%+1.0%
TTM6.6%5Y6.0%+0.6%
5Y6.0%10Y6.0%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0%2.7%+1.3%
TTM6.6%2.9%+3.7%
YOY5.6%4.8%+0.8%
5Y6.0%3.5%+2.5%
10Y6.0%2.9%+3.1%
1.1.2. Return on Assets

Shows how efficient Shengtak New Material Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Shengtak New Material Co Ltd to the Steel industry mean.
  • 1.0% Return on Assets means that Shengtak New Material Co Ltd generated ¥0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shengtak New Material Co Ltd:

  • The MRQ is 1.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.0%TTM1.4%-0.4%
TTM1.4%YOY1.1%+0.3%
TTM1.4%5Y1.2%+0.2%
5Y1.2%10Y1.2%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0%1.1%-0.1%
TTM1.4%1.1%+0.3%
YOY1.1%1.9%-0.8%
5Y1.2%1.3%-0.1%
10Y1.2%1.0%+0.2%
1.1.3. Return on Equity

Shows how efficient Shengtak New Material Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Shengtak New Material Co Ltd to the Steel industry mean.
  • 2.4% Return on Equity means Shengtak New Material Co Ltd generated ¥0.02 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shengtak New Material Co Ltd:

  • The MRQ is 2.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.4%TTM2.9%-0.5%
TTM2.9%YOY2.1%+0.8%
TTM2.9%5Y2.4%+0.5%
5Y2.4%10Y2.4%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4%2.2%+0.2%
TTM2.9%2.1%+0.8%
YOY2.1%3.9%-1.8%
5Y2.4%2.4%0.0%
10Y2.4%1.8%+0.6%

1.2. Operating Efficiency of Shengtak New Material Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shengtak New Material Co Ltd is operating .

  • Measures how much profit Shengtak New Material 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 Shengtak New Material Co Ltd to the Steel 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 Shengtak New Material Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM5.4%-5.4%
TTM5.4%YOY4.2%+1.2%
TTM5.4%5Y2.7%+2.7%
5Y2.7%10Y2.7%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.9%-5.9%
TTM5.4%3.4%+2.0%
YOY4.2%6.2%-2.0%
5Y2.7%5.6%-2.9%
10Y2.7%4.1%-1.4%
1.2.2. Operating Ratio

Measures how efficient Shengtak New Material Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 1.84 means that the operating costs are ¥1.84 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Shengtak New Material Co Ltd:

  • The MRQ is 1.843. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.802. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.843TTM1.802+0.041
TTM1.802YOY1.818-0.016
TTM1.8025Y1.591+0.211
5Y1.59110Y1.5910.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8431.706+0.137
TTM1.8021.645+0.157
YOY1.8181.488+0.330
5Y1.5911.527+0.064
10Y1.5911.306+0.285

1.3. Liquidity of Shengtak New Material Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Shengtak New Material Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 1.33 means the company has ¥1.33 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Shengtak New Material Co Ltd:

  • The MRQ is 1.326. The company is just able to pay all its short-term debts.
  • The TTM is 1.564. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.326TTM1.564-0.238
TTM1.564YOY1.729-0.165
TTM1.5645Y1.680-0.115
5Y1.68010Y1.6800.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3261.669-0.343
TTM1.5641.736-0.172
YOY1.7291.669+0.060
5Y1.6801.615+0.065
10Y1.6801.436+0.244
1.3.2. Quick Ratio

Measures if Shengtak New Material 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 Shengtak New Material Co Ltd to the Steel industry mean.
  • A Quick Ratio of 0.44 means the company can pay off ¥0.44 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shengtak New Material Co Ltd:

  • The MRQ is 0.443. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.639. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.443TTM0.639-0.195
TTM0.639YOY0.764-0.126
TTM0.6395Y0.748-0.109
5Y0.74810Y0.7480.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4430.612-0.169
TTM0.6390.647-0.008
YOY0.7640.717+0.047
5Y0.7480.693+0.055
10Y0.7480.633+0.115

1.4. Solvency of Shengtak New Material Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Shengtak New Material Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Shengtak New Material Co Ltd to Steel industry mean.
  • A Debt to Asset Ratio of 0.57 means that Shengtak New Material Co Ltd assets are financed with 57.1% credit (debt) and the remaining percentage (100% - 57.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shengtak New Material Co Ltd:

  • The MRQ is 0.571. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.508. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.571TTM0.508+0.063
TTM0.508YOY0.484+0.023
TTM0.5085Y0.453+0.055
5Y0.45310Y0.4530.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5710.447+0.124
TTM0.5080.449+0.059
YOY0.4840.477+0.007
5Y0.4530.487-0.034
10Y0.4530.510-0.057
1.4.2. Debt to Equity Ratio

Measures if Shengtak New Material Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Shengtak New Material Co Ltd to the Steel industry mean.
  • A Debt to Equity ratio of 133.0% means that company has ¥1.33 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shengtak New Material Co Ltd:

  • The MRQ is 1.330. The company is able to pay all its debts with equity. +1
  • The TTM is 1.046. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.330TTM1.046+0.284
TTM1.046YOY0.940+0.107
TTM1.0465Y0.902+0.144
5Y0.90210Y0.9020.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3300.812+0.518
TTM1.0460.850+0.196
YOY0.9400.938+0.002
5Y0.9020.997-0.095
10Y0.9021.192-0.290

2. Market Valuation of Shengtak New Material 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 Shengtak New Material Co Ltd generates.

  • Above 15 is considered overpriced but always compare Shengtak New Material Co Ltd to the Steel industry mean.
  • A PE ratio of 39.69 means the investor is paying ¥39.69 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shengtak New Material Co Ltd:

  • The EOD is 33.644. Based on the earnings, the company is overpriced. -1
  • The MRQ is 39.689. Based on the earnings, the company is overpriced. -1
  • The TTM is 36.990. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD33.644MRQ39.689-6.046
MRQ39.689TTM36.990+2.699
TTM36.990YOY42.539-5.549
TTM36.9905Y40.636-3.646
5Y40.63610Y40.6360.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD33.6448.425+25.219
MRQ39.6897.908+31.781
TTM36.9907.165+29.825
YOY42.5396.986+35.553
5Y40.6368.371+32.265
10Y40.63611.042+29.594
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Shengtak New Material Co Ltd:

  • The EOD is -15.872. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -18.724. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -6.051. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-15.872MRQ-18.724+2.852
MRQ-18.724TTM-6.051-12.674
TTM-6.051YOY-5.712-0.339
TTM-6.0515Y-4.464-1.587
5Y-4.46410Y-4.4640.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD-15.8723.044-18.916
MRQ-18.7242.954-21.678
TTM-6.0512.082-8.133
YOY-5.7121.470-7.182
5Y-4.4640.910-5.374
10Y-4.4641.538-6.002
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Shengtak New Material Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 3.81 means the investor is paying ¥3.81 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Shengtak New Material Co Ltd:

  • The EOD is 3.231. Based on the equity, the company is fair priced.
  • The MRQ is 3.811. Based on the equity, the company is fair priced.
  • The TTM is 4.138. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.231MRQ3.811-0.581
MRQ3.811TTM4.138-0.327
TTM4.138YOY3.555+0.583
TTM4.1385Y3.248+0.890
5Y3.24810Y3.2480.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD3.2311.005+2.226
MRQ3.8110.953+2.858
TTM4.1380.958+3.180
YOY3.5551.077+2.478
5Y3.2481.064+2.184
10Y3.2481.127+2.121
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Shengtak New Material 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--0.1910.142+34%0.129+48%0.468-59%0.468-59%
Book Value Per Share--7.9587.791+2%7.212+10%6.128+30%6.128+30%
Current Ratio--1.3261.564-15%1.729-23%1.680-21%1.680-21%
Debt To Asset Ratio--0.5710.508+12%0.484+18%0.453+26%0.453+26%
Debt To Equity Ratio--1.3301.046+27%0.940+42%0.902+47%0.902+47%
Dividend Per Share--0.0110.092-88%0.043-75%0.039-72%0.039-72%
Eps--0.1910.224-15%0.153+25%0.156+23%0.156+23%
Free Cash Flow Per Share---0.405-0.264-35%-1.669+312%-0.558+38%-0.558+38%
Free Cash Flow To Equity Per Share---0.405-0.105-74%-0.699+73%-0.259-36%-0.259-36%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---17.997--------
Intrinsic Value_10Y_min---15.961--------
Intrinsic Value_1Y_max---2.666--------
Intrinsic Value_1Y_min---2.619--------
Intrinsic Value_3Y_max---7.354--------
Intrinsic Value_3Y_min---7.034--------
Intrinsic Value_5Y_max---11.248--------
Intrinsic Value_5Y_min---10.497--------
Market Cap2828100000.000-18%3336300000.0003544200000.000-6%2820127750.000+18%2562354235.294+30%2562354235.294+30%
Net Profit Margin--0.0400.066-39%0.056-28%0.060-33%0.060-33%
Operating Margin---0.054-100%0.042-100%0.027-100%0.027-100%
Operating Ratio--1.8431.802+2%1.818+1%1.591+16%1.591+16%
Pb Ratio3.231-18%3.8114.138-8%3.555+7%3.248+17%3.248+17%
Pe Ratio33.644-18%39.68936.990+7%42.539-7%40.636-2%40.636-2%
Price Per Share25.710-18%30.33032.220-6%25.638+18%23.294+30%23.294+30%
Price To Free Cash Flow Ratio-15.872+15%-18.724-6.051-68%-5.712-69%-4.464-76%-4.464-76%
Price To Total Gains Ratio127.326-18%150.206141.320+6%149.762+0%-103.793+169%-103.793+169%
Quick Ratio--0.4430.639-31%0.764-42%0.748-41%0.748-41%
Return On Assets--0.0100.014-28%0.011-6%0.012-13%0.012-13%
Return On Equity--0.0240.029-17%0.021+13%0.024+1%0.024+1%
Total Gains Per Share--0.2020.235-14%0.172+17%0.507-60%0.507-60%
Usd Book Value--121155934.175118608032.526+2%109797409.385+10%93299831.106+30%93299831.106+30%
Usd Book Value Change Per Share--0.0260.020+34%0.018+48%0.065-59%0.065-59%
Usd Book Value Per Share--1.1011.078+2%0.998+10%0.848+30%0.848+30%
Usd Dividend Per Share--0.0010.013-88%0.006-75%0.005-72%0.005-72%
Usd Eps--0.0260.031-15%0.021+25%0.022+23%0.022+23%
Usd Free Cash Flow---6164976.834-4020294.702-35%-25414436.892+312%-8487637.327+38%-8487637.327+38%
Usd Free Cash Flow Per Share---0.056-0.037-35%-0.231+312%-0.077+38%-0.077+38%
Usd Free Cash Flow To Equity Per Share---0.056-0.015-74%-0.097+73%-0.036-36%-0.036-36%
Usd Market Cap391409040.000-18%461743920.000490517280.000-6%390305680.600+18%354629826.165+30%354629826.165+30%
Usd Price Per Share3.558-18%4.1984.459-6%3.548+18%3.224+30%3.224+30%
Usd Profit--2908499.4843417303.904-15%2327288.119+25%2369501.193+23%2369501.193+23%
Usd Revenue--72078454.79053911046.711+34%41295437.062+75%40179545.855+79%40179545.855+79%
Usd Total Gains Per Share--0.0280.032-14%0.024+17%0.070-60%0.070-60%
 EOD+3 -5MRQTTM+10 -25YOY+23 -125Y+17 -1810Y+17 -18

3.2. Fundamental Score

Let's check the fundamental score of Shengtak New Material Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1533.644
Price to Book Ratio (EOD)Between0-13.231
Net Profit Margin (MRQ)Greater than00.040
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.443
Current Ratio (MRQ)Greater than11.326
Debt to Asset Ratio (MRQ)Less than10.571
Debt to Equity Ratio (MRQ)Less than11.330
Return on Equity (MRQ)Greater than0.150.024
Return on Assets (MRQ)Greater than0.050.010
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Shengtak New Material Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.323
Ma 20Greater thanMa 5022.523
Ma 50Greater thanMa 10021.317
Ma 100Greater thanMa 20023.821
OpenGreater thanClose26.170
Total3/5 (60.0%)



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  2,7279193,646-3,0336131,4892,102-6,063-3,961



Latest Balance Sheet

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

Summary
Total Assets2,039,720
Total Liabilities1,164,316
Total Stockholder Equity875,404
 As reported
Total Liabilities 1,164,316
Total Stockholder Equity+ 875,404
Total Assets = 2,039,720

Assets

Total Assets2,039,720
Total Current Assets1,541,972
Long-term Assets497,749
Total Current Assets
Cash And Cash Equivalents 333,757
Short-term Investments 15,000
Net Receivables 500,545
Inventory 362,527
Other Current Assets 2,754
Total Current Assets  (as reported)1,541,972
Total Current Assets  (calculated)1,214,583
+/- 327,388
Long-term Assets
Property Plant Equipment 204,905
Intangible Assets 55,288
Long-term Assets Other 19,028
Long-term Assets  (as reported)497,749
Long-term Assets  (calculated)279,221
+/- 218,528

Liabilities & Shareholders' Equity

Total Current Liabilities1,162,650
Long-term Liabilities1,667
Total Stockholder Equity875,404
Total Current Liabilities
Short Long Term Debt 243,834
Accounts payable 867,473
Other Current Liabilities 19,280
Total Current Liabilities  (as reported)1,162,650
Total Current Liabilities  (calculated)1,130,588
+/- 32,062
Long-term Liabilities
Long-term Liabilities  (as reported)1,667
Long-term Liabilities  (calculated)0
+/- 1,667
Total Stockholder Equity
Retained Earnings 299,228
Total Stockholder Equity (as reported)875,404
Total Stockholder Equity (calculated)299,228
+/- 576,176
Other
Capital Stock110,000
Common Stock Shares Outstanding 110,000
Net Invested Capital 1,119,238
Net Working Capital 379,322
Property Plant and Equipment Gross 204,905



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
0
0
0
936,207
844,507
897,442
1,225,493
1,152,776
1,243,603
1,294,882
1,316,377
1,503,441
1,547,735
1,546,603
1,557,338
1,595,951
1,616,928
1,769,751
2,039,720
2,039,7201,769,7511,616,9281,595,9511,557,3381,546,6031,547,7351,503,4411,316,3771,294,8821,243,6031,152,7761,225,493897,442844,507936,207000
   > Total Current Assets 
677,587
677,587
0
801,937
710,814
764,654
1,096,120
1,020,865
1,089,201
1,124,521
1,129,964
1,274,085
1,306,032
1,288,126
1,280,276
1,274,341
1,276,420
1,419,918
1,541,972
1,541,9721,419,9181,276,4201,274,3411,280,2761,288,1261,306,0321,274,0851,129,9641,124,5211,089,2011,020,8651,096,120764,654710,814801,9370677,587677,587
       Cash And Cash Equivalents 
0
0
0
185,724
0
122,878
340,950
262,344
201,415
209,772
270,649
361,887
315,206
172,560
241,698
348,917
345,922
409,703
333,757
333,757409,703345,922348,917241,698172,560315,206361,887270,649209,772201,415262,344340,950122,8780185,724000
       Short-term Investments 
0
0
0
0
0
0
90,000
150,951
180,951
220,951
150,000
50,829
50,000
180,000
100,000
0
5,000
0
15,000
15,00005,0000100,000180,00050,00050,829150,000220,951180,951150,95190,000000000
       Net Receivables 
360,038
360,038
0
422,532
0
343,703
457,933
398,155
383,754
374,463
427,850
604,351
637,274
337,087
315,582
592,078
537,210
557,472
500,545
500,545557,472537,210592,078315,582337,087637,274604,351427,850374,463383,754398,155457,933343,7030422,5320360,038360,038
       Inventory 
169,742
169,742
0
157,079
0
154,683
162,222
160,290
230,566
262,763
235,427
210,444
241,264
266,013
281,185
280,324
317,439
392,476
362,527
362,527392,476317,439280,324281,185266,013241,264210,444235,427262,763230,566160,290162,222154,6830157,0790169,742169,742
       Other Current Assets 
20,762
20,762
0
36,601
0
2
45,015
49,122
89,881
56,568
46,034
44,330
62,288
1,850
1,753
49,264
70,849
57,513
2,754
2,75457,51370,84949,2641,7531,85062,28844,33046,03456,56889,88149,12245,0152036,601020,76220,762
   > Long-term Assets 
0
0
0
134,270
133,693
132,788
129,373
131,911
154,401
170,361
186,413
229,357
241,703
258,477
277,061
321,611
340,508
349,833
497,749
497,749349,833340,508321,611277,061258,477241,703229,357186,413170,361154,401131,911129,373132,788133,693134,270000
       Property Plant Equipment 
66,716
66,716
0
68,735
0
0
65,310
67,987
67,358
71,981
80,533
96,177
110,173
0
122,714
148,306
168,450
195,937
204,905
204,905195,937168,450148,306122,7140110,17396,17780,53371,98167,35867,98765,3100068,735066,71666,716
       Intangible Assets 
0
0
0
13,943
0
60,380
60,022
59,665
59,308
58,950
58,593
57,690
57,332
56,975
56,617
56,270
55,942
55,615
55,288
55,28855,61555,94256,27056,61756,97557,33257,69058,59358,95059,30859,66560,02260,380013,943000
       Long-term Assets Other 
0
0
0
47,048
0
132,789
65,310
50
50
11,868
16,142
5,771
4,531
14,711
26,221
40,328
39,195
21,901
19,028
19,02821,90139,19540,32826,22114,7114,5315,77116,14211,868505065,310132,789047,048000
> Total Liabilities 
0
0
0
563,754
460,782
502,635
503,637
415,958
495,080
550,019
560,496
727,348
757,613
752,192
744,628
756,928
757,754
915,375
1,164,316
1,164,316915,375757,754756,928744,628752,192757,613727,348560,496550,019495,080415,958503,637502,635460,782563,754000
   > Total Current Liabilities 
447,849
447,849
0
563,754
460,782
502,635
503,637
415,958
495,080
550,019
560,496
726,196
756,585
751,165
743,600
755,037
755,864
913,709
1,162,650
1,162,650913,709755,864755,037743,600751,165756,585726,196560,496550,019495,080415,958503,637502,635460,782563,7540447,849447,849
       Short Long Term Debt 
0
0
0
99,100
0
150,000
132,400
121,000
123,000
77,000
107,460
250,270
277,472
249,080
186,198
154,864
169,367
169,867
243,834
243,834169,867169,367154,864186,198249,080277,472250,270107,46077,000123,000121,000132,400150,000099,100000
       Accounts payable 
354,205
354,205
0
446,129
0
335,757
357,682
276,463
362,862
446,095
434,077
452,698
459,970
477,119
513,249
569,506
559,888
709,634
867,473
867,473709,634559,888569,506513,249477,119459,970452,698434,077446,095362,862276,463357,682335,7570446,1290354,205354,205
       Other Current Liabilities 
5,663
5,663
0
6,910
0
2,908
7,769
6,715
3,683
19,232
9,731
7,733
13,140
7,942
17,199
16,098
20,058
24,679
19,280
19,28024,67920,05816,09817,1997,94213,1407,7339,73119,2323,6836,7157,7692,90806,91005,6635,663
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
1,152
1,028
1,028
1,028
1,890
1,890
1,667
1,667
1,6671,6671,8901,8901,0281,0281,0281,15200000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
1,152
1,028
0
0
1,890
1,890
1,667
0
01,6671,8901,890001,0281,15200000000000
> Total Stockholder Equity
0
0
0
372,453
383,725
394,807
721,856
736,818
748,523
744,863
755,881
776,094
790,122
794,411
812,709
839,024
859,174
854,376
875,404
875,404854,376859,174839,024812,709794,411790,122776,094755,881744,863748,523736,818721,856394,807383,725372,453000
   Common Stock
75,000
75,000
0
75,000
0
0
100,000
100,000
100,000
100,000
100,000
100,000
100,000
0
0
100,000
100,000
110,000
0
0110,000100,000100,00000100,000100,000100,000100,000100,000100,000100,0000075,000075,00075,000
   Retained Earnings Total Equity0000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
4,429
4,429
0
4,335
0
0
4,213
4,173
4,173
4,079
4,038
4,104
5,045
0
0
4,084
4,118
4,020
0
04,0204,1184,084005,0454,1044,0384,0794,1734,1734,213004,33504,4294,429



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,558,123
Cost of Revenue-1,359,593
Gross Profit198,530198,530
 
Operating Income (+$)
Gross Profit198,530
Operating Expense-1,452,538
Operating Income105,584-1,254,008
 
Operating Expense (+$)
Research Development49,435
Selling General Administrative23,710
Selling And Marketing Expenses-
Operating Expense1,452,53873,145
 
Net Interest Income (+$)
Interest Income1,174
Interest Expense-4,977
Other Finance Cost-766
Net Interest Income-3,036
 
Pretax Income (+$)
Operating Income105,584
Net Interest Income-3,036
Other Non-Operating Income Expenses-
Income Before Tax (EBT)103,991105,584
EBIT - interestExpense = -4,977
98,766
103,743
Interest Expense4,977
Earnings Before Interest and Taxes (EBIT)-108,968
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax103,991
Tax Provision-5,225
Net Income From Continuing Ops98,76698,766
Net Income98,766
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-3,036
 

Technical Analysis of Shengtak New Material 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 Shengtak New Material Co Ltd. The general trend of Shengtak New Material Co Ltd is BEARISH with 14.3% 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 Shengtak New Material 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 (-14.3%) Bearish trend (14.3%)
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 Shengtak New Material 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: 28.26 < 29.19 < 29.36.

The bearish price targets are: 22.14 > 21.10 > 17.96.

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Shengtak New Material 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 Shengtak New Material Co Ltd. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is 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 up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shengtak New Material 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 Shengtak New Material Co Ltd. The current macd is 1.42478929.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-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 Shengtak New Material Co Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Shengtak New Material Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Shengtak New Material Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Shengtak New Material Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartShengtak New Material 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 Shengtak New Material Co Ltd. The current adx is 34.38.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Shengtak New Material Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Shengtak New Material 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 Shengtak New Material Co Ltd. The current sar is 23.02.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Shengtak New Material 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 Shengtak New Material Co Ltd. The current rsi is 62.32. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending down: The RSI is trending down. -1
Shengtak New Material Co Ltd Daily Relative Strength Index (RSI) ChartShengtak New Material 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 Shengtak New Material Co Ltd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Shengtak New Material Co Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Shengtak New Material Co Ltd Daily Stochastic Oscillator ChartShengtak New Material 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 Shengtak New Material Co Ltd. The current cci is 92.92.

Shengtak New Material Co Ltd Daily Commodity Channel Index (CCI) ChartShengtak New Material 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 Shengtak New Material Co Ltd. The current cmo is 27.37.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Shengtak New Material Co Ltd Daily Chande Momentum Oscillator (CMO) ChartShengtak New Material 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 Shengtak New Material Co Ltd. The current willr is -35.45258621.

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 Shengtak New Material Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Shengtak New Material Co Ltd Daily Williams %R ChartShengtak New Material 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 Shengtak New Material Co Ltd.

Shengtak New Material 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 Shengtak New Material Co Ltd. The current atr is 1.81486628.

Shengtak New Material Co Ltd Daily Average True Range (ATR) ChartShengtak New Material 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 Shengtak New Material Co Ltd. The current obv is 78,164,246.

Shengtak New Material Co Ltd Daily On-Balance Volume (OBV) ChartShengtak New Material 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 Shengtak New Material Co Ltd. The current mfi is 68.46.

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
Shengtak New Material Co Ltd Daily Money Flow Index (MFI) ChartShengtak New Material Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Shengtak New Material 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
2023-11-02WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29DMI 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.
2023-11-30DMI 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
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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
2023-12-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH 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).
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH 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.
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23CMO 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Shengtak New Material Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Shengtak New Material Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.323
Ma 20Greater thanMa 5022.523
Ma 50Greater thanMa 10021.317
Ma 100Greater thanMa 20023.821
OpenGreater thanClose26.170
Total3/5 (60.0%)
Penke

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