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Zhejiang Songyuan Automotive Safety
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PenkeI guess you are interested in Zhejiang Songyuan Automotive Safety. 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 Zhejiang Songyuan Automotive Safety. 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.

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Quick analysis of Zhejiang Songyuan Automotive Safety (30 sec.)










What can you expect buying and holding a share of Zhejiang Songyuan Automotive Safety? (30 sec.)

How much money do you get?

How much money do you get?
¥0.09
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥3.87
Expected worth in 1 year
¥5.67
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
¥2.43
Return On Investment
8.4%

For what price can you sell your share?

Current Price per Share
¥28.82
Expected price per share
¥18.89 - ¥32.13
How sure are you?
50%

1. Valuation of Zhejiang Songyuan Automotive Safety (5 min.)




Live pricePrice per Share (EOD)

¥28.82

Intrinsic Value Per Share

¥-18.86 - ¥-11.30

Total Value Per Share

¥-14.98 - ¥-7.42

2. Growth of Zhejiang Songyuan Automotive Safety (5 min.)




Is Zhejiang Songyuan Automotive Safety growing?

Current yearPrevious yearGrowGrow %
How rich?$120.7m$106.7m$13.9m11.6%

How much money is Zhejiang Songyuan Automotive Safety making?

Current yearPrevious yearGrowGrow %
Making money$16.3m$15.3m$936k5.7%
Net Profit Margin11.9%14.9%--

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

3. Financial Health of Zhejiang Songyuan Automotive Safety (5 min.)




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




  Industry Rankings (Auto Parts)  


Richest
#356 / 559

Most Revenue
#313 / 559

Most Profit
#176 / 559

What can you expect buying and holding a share of Zhejiang Songyuan Automotive Safety? (5 min.)

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

What can you expect buying and holding a share of Zhejiang Songyuan Automotive Safety?

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

Speculation

The Price per Share of Zhejiang Songyuan Automotive Safety is ¥28.82. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Zhejiang Songyuan Automotive Safety.
  • 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 Zhejiang Songyuan Automotive Safety, 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 ¥3.87. Based on the TTM, the Book Value Change Per Share is ¥0.45 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.27 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 ¥0.16 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Zhejiang Songyuan Automotive Safety.

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 Eps0.070.3%0.070.3%0.070.2%0.060.2%0.050.2%
Usd Book Value Change Per Share0.060.2%0.060.2%0.040.1%0.070.2%0.080.3%
Usd Dividend Per Share0.020.1%0.020.1%0.030.1%0.020.1%0.020.1%
Usd Total Gains Per Share0.080.3%0.080.3%0.070.3%0.100.3%0.100.4%
Usd Price Per Share3.72-3.72-5.30-2.88-2.06-
Price to Earnings Ratio51.41-51.41-77.76-45.39-32.42-
Price-to-Total Gains Ratio44.27-44.27-73.17-47.10-47.10-
Price to Book Ratio6.95-6.95-11.20-6.11-4.36-
Price-to-Total Gains Ratio44.27-44.27-73.17-47.10-47.10-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.982924
Number of shares251
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.02
Usd Book Value Change Per Share0.060.07
Usd Total Gains Per Share0.080.10
Gains per Quarter (251 shares)21.0824.17
Gains per Year (251 shares)84.3196.69
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1226274257287
24412415850144184
36618724275215281
488249326100287378
5110311410124359475
6132373494149431572
7155436578174503669
8177498662199574766
9199560746224646863
10221622830249718960

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 Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%

Fundamentals of Zhejiang Songyuan Automotive Safety

About Zhejiang Songyuan Automotive Safety

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. engages in the research, development, design, production, sale, and service of auto parts and accessories in China and internationally. It's product portfolio includes automotive passive safety system products, such as seat belt assemblies, airbags, steering wheels, discs, and special seat safety devices. The company was founded in 2001 and is headquartered in Yuyao, China.

Fundamental data was last updated by Penke on 2024-04-01 21:27:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient 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 very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Zhejiang Songyuan Automotive Safety.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Zhejiang Songyuan Automotive Safety earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Zhejiang Songyuan Automotive Safety to the Auto Parts industry mean.
  • A Net Profit Margin of 11.9% means that ¥0.12 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Zhejiang Songyuan Automotive Safety:

  • The MRQ is 11.9%. The company is making a huge profit. +2
  • The TTM is 11.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ11.9%TTM11.9%0.0%
TTM11.9%YOY14.9%-3.0%
TTM11.9%5Y15.2%-3.3%
5Y15.2%10Y14.5%+0.7%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ11.9%3.3%+8.6%
TTM11.9%3.8%+8.1%
YOY14.9%3.7%+11.2%
5Y15.2%3.0%+12.2%
10Y14.5%4.1%+10.4%
1.1.2. Return on Assets

Shows how efficient Zhejiang Songyuan Automotive Safety is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Zhejiang Songyuan Automotive Safety to the Auto Parts industry mean.
  • 7.6% Return on Assets means that Zhejiang Songyuan Automotive Safety generated ¥0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Zhejiang Songyuan Automotive Safety:

  • The MRQ is 7.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 7.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ7.6%TTM7.6%0.0%
TTM7.6%YOY10.2%-2.6%
TTM7.6%5Y11.1%-3.5%
5Y11.1%10Y11.3%-0.2%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ7.6%1.4%+6.2%
TTM7.6%1.5%+6.1%
YOY10.2%1.4%+8.8%
5Y11.1%1.3%+9.8%
10Y11.3%1.8%+9.5%
1.1.3. Return on Equity

Shows how efficient Zhejiang Songyuan Automotive Safety is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Zhejiang Songyuan Automotive Safety to the Auto Parts industry mean.
  • 13.5% Return on Equity means Zhejiang Songyuan Automotive Safety generated ¥0.14 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Zhejiang Songyuan Automotive Safety:

  • The MRQ is 13.5%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 13.5%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ13.5%TTM13.5%0.0%
TTM13.5%YOY14.4%-0.9%
TTM13.5%5Y16.5%-3.0%
5Y16.5%10Y17.7%-1.2%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ13.5%2.9%+10.6%
TTM13.5%3.1%+10.4%
YOY14.4%3.1%+11.3%
5Y16.5%2.4%+14.1%
10Y17.7%3.2%+14.5%

1.2. Operating Efficiency of Zhejiang Songyuan Automotive Safety.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Zhejiang Songyuan Automotive Safety is operating .

  • Measures how much profit Zhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety to the Auto Parts industry mean.
  • An Operating Margin of 12.4% means the company generated ¥0.12  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Zhejiang Songyuan Automotive Safety:

  • The MRQ is 12.4%. The company is operating less efficient.
  • The TTM is 12.4%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ12.4%TTM12.4%0.0%
TTM12.4%YOY17.6%-5.2%
TTM12.4%5Y16.9%-4.5%
5Y16.9%10Y17.0%-0.1%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ12.4%5.4%+7.0%
TTM12.4%4.1%+8.3%
YOY17.6%4.7%+12.9%
5Y16.9%4.8%+12.1%
10Y17.0%5.6%+11.4%
1.2.2. Operating Ratio

Measures how efficient Zhejiang Songyuan Automotive Safety is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.58 means that the operating costs are ¥1.58 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Zhejiang Songyuan Automotive Safety:

  • The MRQ is 1.578. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.578. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.578TTM1.5780.000
TTM1.578YOY1.493+0.085
TTM1.5785Y1.476+0.102
5Y1.47610Y1.481-0.005
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5781.641-0.063
TTM1.5781.622-0.044
YOY1.4931.617-0.124
5Y1.4761.561-0.085
10Y1.4811.364+0.117

1.3. Liquidity of Zhejiang Songyuan Automotive Safety.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Zhejiang Songyuan Automotive Safety is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 1.64 means the company has ¥1.64 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Zhejiang Songyuan Automotive Safety:

  • The MRQ is 1.638. The company is able to pay all its short-term debts. +1
  • The TTM is 1.638. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.638TTM1.6380.000
TTM1.638YOY2.263-0.625
TTM1.6385Y2.306-0.668
5Y2.30610Y2.083+0.223
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6381.608+0.030
TTM1.6381.613+0.025
YOY2.2631.601+0.662
5Y2.3061.586+0.720
10Y2.0831.446+0.637
1.3.2. Quick Ratio

Measures if Zhejiang Songyuan Automotive Safety is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Zhejiang Songyuan Automotive Safety to the Auto Parts industry mean.
  • A Quick Ratio of 0.77 means the company can pay off ¥0.77 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Zhejiang Songyuan Automotive Safety:

  • The MRQ is 0.766. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.766. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.766TTM0.7660.000
TTM0.766YOY1.331-0.565
TTM0.7665Y1.276-0.510
5Y1.27610Y1.189+0.086
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7660.642+0.124
TTM0.7660.682+0.084
YOY1.3310.723+0.608
5Y1.2760.749+0.527
10Y1.1890.782+0.407

1.4. Solvency of Zhejiang Songyuan Automotive Safety.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Zhejiang Songyuan Automotive Safety assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Zhejiang Songyuan Automotive Safety to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.44 means that Zhejiang Songyuan Automotive Safety assets are financed with 43.5% credit (debt) and the remaining percentage (100% - 43.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Zhejiang Songyuan Automotive Safety:

  • The MRQ is 0.435. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.435. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.435TTM0.4350.000
TTM0.435YOY0.289+0.146
TTM0.4355Y0.323+0.112
5Y0.32310Y0.354-0.032
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4350.497-0.062
TTM0.4350.497-0.062
YOY0.2890.490-0.201
5Y0.3230.489-0.166
10Y0.3540.487-0.133
1.4.2. Debt to Equity Ratio

Measures if Zhejiang Songyuan Automotive Safety is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Zhejiang Songyuan Automotive Safety to the Auto Parts industry mean.
  • A Debt to Equity ratio of 77.0% means that company has ¥0.77 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Zhejiang Songyuan Automotive Safety:

  • The MRQ is 0.770. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.770. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.770TTM0.7700.000
TTM0.770YOY0.407+0.364
TTM0.7705Y0.496+0.274
5Y0.49610Y0.574-0.078
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7701.009-0.239
TTM0.7701.007-0.237
YOY0.4071.009-0.602
5Y0.4961.010-0.514
10Y0.5741.047-0.473

2. Market Valuation of Zhejiang Songyuan Automotive Safety

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 Zhejiang Songyuan Automotive Safety generates.

  • Above 15 is considered overpriced but always compare Zhejiang Songyuan Automotive Safety to the Auto Parts industry mean.
  • A PE ratio of 51.41 means the investor is paying ¥51.41 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Zhejiang Songyuan Automotive Safety:

  • The EOD is 55.081. Based on the earnings, the company is expensive. -2
  • The MRQ is 51.412. Based on the earnings, the company is expensive. -2
  • The TTM is 51.412. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD55.081MRQ51.412+3.670
MRQ51.412TTM51.4120.000
TTM51.412YOY77.757-26.345
TTM51.4125Y45.389+6.023
5Y45.38910Y32.420+12.968
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD55.08113.831+41.250
MRQ51.41213.412+38.000
TTM51.41213.955+37.457
YOY77.75715.966+61.791
5Y45.38918.014+27.375
10Y32.42020.864+11.556
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Zhejiang Songyuan Automotive Safety:

  • The EOD is -28.855. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -26.933. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -26.933. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-28.855MRQ-26.933-1.922
MRQ-26.933TTM-26.9330.000
TTM-26.933YOY-80.724+53.791
TTM-26.9335Y-129.307+102.374
5Y-129.30710Y-92.362-36.945
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD-28.8555.149-34.004
MRQ-26.9334.914-31.847
TTM-26.9334.023-30.956
YOY-80.7241.269-81.993
5Y-129.3072.964-132.271
10Y-92.3623.023-95.385
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Zhejiang Songyuan Automotive Safety is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 6.95 means the investor is paying ¥6.95 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Zhejiang Songyuan Automotive Safety:

  • The EOD is 7.443. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.948. Based on the equity, the company is overpriced. -1
  • The TTM is 6.948. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD7.443MRQ6.948+0.496
MRQ6.948TTM6.9480.000
TTM6.948YOY11.203-4.255
TTM6.9485Y6.106+0.841
5Y6.10610Y4.362+1.745
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD7.4431.460+5.983
MRQ6.9481.438+5.510
TTM6.9481.479+5.469
YOY11.2031.644+9.559
5Y6.1061.655+4.451
10Y4.3622.132+2.230
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Zhejiang Songyuan Automotive Safety 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--0.4490.4490%0.272+65%0.518-13%0.553-19%
Book Value Per Share--3.8723.8720%3.423+13%2.697+44%2.261+71%
Current Ratio--1.6381.6380%2.263-28%2.306-29%2.083-21%
Debt To Asset Ratio--0.4350.4350%0.289+51%0.323+35%0.354+23%
Debt To Equity Ratio--0.7700.7700%0.407+89%0.496+55%0.574+34%
Dividend Per Share--0.1590.1590%0.253-37%0.179-11%0.178-10%
Eps--0.5230.5230%0.493+6%0.411+27%0.362+45%
Free Cash Flow Per Share---0.999-0.9990%-0.475-52%-0.233-77%-0.172-83%
Free Cash Flow To Equity Per Share---0.490-0.4900%-0.281-43%0.010-5043%0.016-3234%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---11.297--------
Intrinsic Value_10Y_min---18.857--------
Intrinsic Value_1Y_max---0.427--------
Intrinsic Value_1Y_min---0.871--------
Intrinsic Value_3Y_max---1.821--------
Intrinsic Value_3Y_min---3.514--------
Intrinsic Value_5Y_max---3.863--------
Intrinsic Value_5Y_min---7.121--------
Market Cap6501792000.000+7%6068640000.0006068640000.0000%8651782560.000-30%4704666912.000+29%3360476365.714+81%
Net Profit Margin--0.1190.1190%0.149-20%0.152-22%0.145-18%
Operating Margin--0.1240.1240%0.176-29%0.169-26%0.170-27%
Operating Ratio--1.5781.5780%1.493+6%1.476+7%1.481+7%
Pb Ratio7.443+7%6.9486.9480%11.203-38%6.106+14%4.362+59%
Pe Ratio55.081+7%51.41251.4120%77.757-34%45.389+13%32.420+59%
Price Per Share28.820+7%26.90026.9000%38.350-30%20.854+29%14.896+81%
Price To Free Cash Flow Ratio-28.855-7%-26.933-26.9330%-80.724+200%-129.307+380%-92.362+243%
Price To Total Gains Ratio47.429+7%44.26944.2690%73.167-39%47.102-6%47.102-6%
Quick Ratio--0.7660.7660%1.331-42%1.276-40%1.189-36%
Return On Assets--0.0760.0760%0.102-25%0.111-31%0.113-32%
Return On Equity--0.1350.1350%0.144-6%0.165-18%0.177-24%
Total Gains Per Share--0.6080.6080%0.524+16%0.697-13%0.731-17%
Usd Book Value--120717326.336120717326.3360%106731857.924+13%84071528.253+44%70503687.847+71%
Usd Book Value Change Per Share--0.0620.0620%0.038+65%0.072-13%0.076-19%
Usd Book Value Per Share--0.5350.5350%0.473+13%0.373+44%0.313+71%
Usd Dividend Per Share--0.0220.0220%0.035-37%0.025-11%0.025-10%
Usd Eps--0.0720.0720%0.068+6%0.057+27%0.050+45%
Usd Free Cash Flow---31139925.986-31139925.9860%-14811980.378-52%-7252751.120-77%-5355870.415-83%
Usd Free Cash Flow Per Share---0.138-0.1380%-0.066-52%-0.032-77%-0.024-83%
Usd Free Cash Flow To Equity Per Share---0.068-0.0680%-0.039-43%0.001-5043%0.002-3234%
Usd Market Cap898547654.400+7%838686048.000838686048.0000%1195676349.792-30%650184967.238+29%464417833.742+81%
Usd Price Per Share3.983+7%3.7183.7180%5.300-30%2.882+29%2.059+81%
Usd Profit--16313133.36216313133.3620%15377071.088+6%12809190.748+27%11283078.569+45%
Usd Revenue--137076121.346137076121.3460%102970318.454+33%87306848.637+57%79083948.911+73%
Usd Total Gains Per Share--0.0840.0840%0.072+16%0.096-13%0.101-17%
 EOD+5 -3MRQTTM+0 -0YOY+14 -215Y+10 -2510Y+10 -25

3.2. Fundamental Score

Let's check the fundamental score of Zhejiang Songyuan Automotive Safety based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1555.081
Price to Book Ratio (EOD)Between0-17.443
Net Profit Margin (MRQ)Greater than00.119
Operating Margin (MRQ)Greater than00.124
Quick Ratio (MRQ)Greater than10.766
Current Ratio (MRQ)Greater than11.638
Debt to Asset Ratio (MRQ)Less than10.435
Debt to Equity Ratio (MRQ)Less than10.770
Return on Equity (MRQ)Greater than0.150.135
Return on Assets (MRQ)Greater than0.050.076
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Zhejiang Songyuan Automotive Safety based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.848
Ma 20Greater thanMa 5029.236
Ma 50Greater thanMa 10028.598
Ma 100Greater thanMa 20028.459
OpenGreater thanClose28.000
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in CNY. All numbers in thousands.

Summary
Total Assets1,546,473
Total Liabilities672,976
Total Stockholder Equity873,497
 As reported
Total Liabilities 672,976
Total Stockholder Equity+ 873,497
Total Assets = 1,546,473

Assets

Total Assets1,546,473
Total Current Assets880,490
Long-term Assets665,983
Total Current Assets
Cash And Cash Equivalents 108,112
Short-term Investments 734
Net Receivables 410,808
Inventory 237,881
Other Current Assets 30,527
Total Current Assets  (as reported)880,490
Total Current Assets  (calculated)788,062
+/- 92,428
Long-term Assets
Property Plant Equipment 545,719
Intangible Assets 75,306
Other Assets 44,958
Long-term Assets  (as reported)665,983
Long-term Assets  (calculated)665,983
+/- 0

Liabilities & Shareholders' Equity

Total Current Liabilities537,440
Long-term Liabilities135,536
Total Stockholder Equity873,497
Total Current Liabilities
Short Long Term Debt 210,215
Accounts payable 298,950
Other Current Liabilities 4,630
Total Current Liabilities  (as reported)537,440
Total Current Liabilities  (calculated)513,795
+/- 23,645
Long-term Liabilities
Long term Debt 102,105
Other Liabilities 33,431
Long-term Liabilities Other 2,763
Deferred Long Term Liability 18,600
Long-term Liabilities  (as reported)135,536
Long-term Liabilities  (calculated)156,900
+/- 21,363
Total Stockholder Equity
Common Stock225,000
Retained Earnings 371,208
Other Stockholders Equity 11
Total Stockholder Equity (as reported)873,497
Total Stockholder Equity (calculated)596,219
+/- 277,278
Other
Capital Stock225,000
Common Stock Shares Outstanding 225,000
Net Debt 204,207
Net Invested Capital 1,185,817
Net Tangible Assets 798,191
Net Working Capital 343,050
Property Plant and Equipment Gross 545,719



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
> Total Assets 
438,590
494,532
494,616
552,842
884,728
1,086,388
1,546,473
1,546,4731,086,388884,728552,842494,616494,532438,590
   > Total Current Assets 
289,554
319,800
302,355
354,573
631,584
671,318
880,490
880,490671,318631,584354,573302,355319,800289,554
       Cash And Cash Equivalents 
20,974
36,177
22,732
25,554
123,571
104,614
108,112
108,112104,614123,57125,55422,73236,17720,974
       Short-term Investments 
0
0
0
0
80,000
61,569
734
73461,56980,0000000
       Net Receivables 
192,030
196,561
192,525
222,634
231,133
333,201
410,808
410,808333,201231,133222,634192,525196,561192,030
       Inventory 
58,238
73,744
80,900
90,956
96,746
148,123
237,881
237,881148,12396,74690,95680,90073,74458,238
       Other Current Assets 
18,312
13,319
6,198
15,430
14,971
23,810
30,527
30,52723,81014,97115,4306,19813,31918,312
   > Long-term Assets 
149,036
174,732
192,262
198,270
253,145
415,069
665,983
665,983415,069253,145198,270192,262174,732149,036
       Property Plant Equipment 
114,324
128,277
143,581
150,382
185,995
311,523
545,719
545,719311,523185,995150,382143,581128,277114,324
       Intangible Assets 
28,937
38,849
38,224
37,033
38,783
67,942
75,306
75,30667,94238,78337,03338,22438,84928,937
       Other Assets 
5,775
7,606
10,457
10,854
28,366
35,604
44,958
44,95835,60428,36610,85410,4577,6065,775
> Total Liabilities 
198,904
204,781
174,500
188,127
173,696
314,088
672,976
672,976314,088173,696188,127174,500204,781198,904
   > Total Current Liabilities 
196,971
202,237
169,386
180,616
162,652
296,661
537,440
537,440296,661162,652180,616169,386202,237196,971
       Short Long Term Debt 
20,000
55,269
59,300
50,869
0
102,184
210,215
210,215102,184050,86959,30055,26920,000
       Accounts payable 
102,771
108,169
89,481
103,827
123,116
160,056
298,950
298,950160,056123,116103,82789,481108,169102,771
       Other Current Liabilities 
54,029
17,535
2,388
6,345
11,884
3,453
4,630
4,6303,45311,8846,3452,38817,53554,029
   > Long-term Liabilities 
1,933
2,544
5,114
7,511
11,044
17,427
135,536
135,53617,42711,0447,5115,1142,5441,933
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
194
0
019400000
       Other Liabilities 
1,933
2,544
5,114
7,511
11,044
17,233
33,431
33,43117,23311,0447,5115,1142,5441,933
> Total Stockholder Equity
239,686
289,751
320,117
364,715
711,032
772,300
873,497
873,497772,300711,032364,715320,117289,751239,686
   Common Stock
75,000
75,000
75,000
75,000
100,000
150,000
225,000
225,000150,000100,00075,00075,00075,00075,000
   Retained Earnings 
31,849
81,914
112,276
156,868
221,901
283,168
371,208
371,208283,168221,901156,868112,27681,91431,849
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
0
0
4
10
10
11
11
11111010400



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 (+$)
totalRevenue1,105,248
Cost of Revenue-761,788
Gross Profit343,460343,460
 
Operating Income (+$)
Gross Profit343,460
Operating Expense-912,492
Operating Income192,756-569,032
 
Operating Expense (+$)
Research Development69,686
Selling General Administrative53,420
Selling And Marketing Expenses-
Operating Expense912,492123,106
 
Net Interest Income (+$)
Interest Income728
Interest Expense-11,386
Other Finance Cost-2,345
Net Interest Income-13,004
 
Pretax Income (+$)
Operating Income192,756
Net Interest Income-13,004
Other Non-Operating Income Expenses-
Income Before Tax (EBT)163,079192,756
EBIT - interestExpense = -11,386
156,315
167,702
Interest Expense11,386
Earnings Before Interest and Taxes (EBIT)-174,466
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax163,079
Tax Provision-6,764
Net Income From Continuing Ops156,315156,315
Net Income156,315
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-13,004
 

Technical Analysis of Zhejiang Songyuan Automotive Safety
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 Zhejiang Songyuan Automotive Safety. The general trend of Zhejiang Songyuan Automotive Safety is BULLISH with 57.1% 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 Zhejiang Songyuan Automotive Safety'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 (57.1%) Bearish trend (-57.1%)
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 Zhejiang Songyuan Automotive Safety.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 28.33 < 30.62 < 32.13.

The bearish price targets are: 24.16 > 19.44 > 18.89.

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Zhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

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

Zhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety. The current macd is -0.2028982.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Zhejiang Songyuan Automotive Safety price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Zhejiang Songyuan Automotive Safety. 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 Zhejiang Songyuan Automotive Safety 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 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
Zhejiang Songyuan Automotive Safety Daily Moving Average Convergence/Divergence (MACD) ChartZhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety. The current adx is 24.56.

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

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Zhejiang Songyuan Automotive Safety shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Zhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety. The current sar is 31.17.

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
Zhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety. The current rsi is 47.85. The current phase is Correction in bull 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).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Zhejiang Songyuan Automotive Safety Daily Relative Strength Index (RSI) ChartZhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-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 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 Zhejiang Songyuan Automotive Safety price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Zhejiang Songyuan Automotive Safety Daily Stochastic Oscillator ChartZhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety. The current cci is -90.25737454.

Zhejiang Songyuan Automotive Safety Daily Commodity Channel Index (CCI) ChartZhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety. The current cmo is -5.91996658.

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
Zhejiang Songyuan Automotive Safety Daily Chande Momentum Oscillator (CMO) ChartZhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety. The current willr is -49.86149584.

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 Zhejiang Songyuan Automotive Safety is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Zhejiang Songyuan Automotive Safety Daily Williams %R ChartZhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety.

Zhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety. The current atr is 1.29118962.

Zhejiang Songyuan Automotive Safety Daily Average True Range (ATR) ChartZhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety. The current obv is 175,198,434.

Zhejiang Songyuan Automotive Safety Daily On-Balance Volume (OBV) ChartZhejiang Songyuan Automotive Safety 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 Zhejiang Songyuan Automotive Safety. The current mfi is 60.25.

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
Zhejiang Songyuan Automotive Safety Daily Money Flow Index (MFI) ChartZhejiang Songyuan Automotive Safety Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Zhejiang Songyuan Automotive Safety.

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

6.3. Candlestick Patterns

Zhejiang Songyuan Automotive Safety Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Zhejiang Songyuan Automotive Safety based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.848
Ma 20Greater thanMa 5029.236
Ma 50Greater thanMa 10028.598
Ma 100Greater thanMa 20028.459
OpenGreater thanClose28.000
Total3/5 (60.0%)
Penke

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