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ITE Tech Inc
Buy, Hold or Sell?

Let's analyse Ite together

PenkeI guess you are interested in ITE Tech Inc. 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 ITE Tech Inc. 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 Ite (30 sec.)










What can you expect buying and holding a share of Ite? (30 sec.)

How much money do you get?

How much money do you get?
NT$0.00
When do you have the money?
1 year
How often do you get paid?
70.0%

What is your share worth?

Current worth
NT$39.90
Expected worth in 1 year
NT$46.39
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
NT$6.50
Return On Investment
3.7%

For what price can you sell your share?

Current Price per Share
NT$175.50
Expected price per share
NT$155.50 - NT$184.50
How sure are you?
50%

1. Valuation of Ite (5 min.)




Live pricePrice per Share (EOD)

NT$175.50

Intrinsic Value Per Share

NT$49.85 - NT$55.97

Total Value Per Share

NT$89.75 - NT$95.86

2. Growth of Ite (5 min.)




Is Ite growing?

Current yearPrevious yearGrowGrow %
How rich?$201.1m$171.1m$16.1m8.6%

How much money is Ite making?

Current yearPrevious yearGrowGrow %
Making money$12.4m$9.5m$2.8m23.3%
Net Profit Margin25.2%23.3%--

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

3. Financial Health of Ite (5 min.)




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




  Industry Rankings (Semiconductors)  


Richest
#149 / 269

Most Revenue
#132 / 269

Most Profit
#77 / 269

What can you expect buying and holding a share of Ite? (5 min.)

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

What can you expect buying and holding a share of Ite?

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

Speculation

The Price per Share of Ite is NT$175.50. 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 Ite.
  • 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 Ite, 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 NT$39.90. Based on the TTM, the Book Value Change Per Share is NT$1.62 per quarter. Based on the YOY, the Book Value Change Per Share is NT$-1.37 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 NT$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ite.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps0.070.0%0.080.0%0.060.0%0.060.0%0.040.0%
Usd Book Value Change Per Share0.080.0%0.050.0%-0.040.0%0.030.0%0.010.0%
Usd Dividend Per Share0.000.0%0.000.0%0.210.1%0.120.1%0.090.0%
Usd Total Gains Per Share0.080.0%0.050.0%0.170.1%0.150.1%0.100.1%
Usd Price Per Share4.71-3.99-2.53-2.59-1.82-
Price to Earnings Ratio18.04-13.09-10.97-11.37-13.91-
Price-to-Total Gains Ratio61.87-23.89-62.91-27.46-19.78-
Price to Book Ratio3.77-3.42-2.36-2.52-1.99-
Price-to-Total Gains Ratio61.87-23.89-62.91-27.46-19.78-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.49315
Number of shares182
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.12
Usd Book Value Change Per Share0.050.03
Usd Total Gains Per Share0.050.15
Gains per Quarter (182 shares)9.2627.05
Gains per Year (182 shares)37.02108.21
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
103727891998
20746417839206
3011110126658314
4014813835578422
5018517544497530
60222212533116638
70259249622136746
80296286710155854
90333323799175962
1003703608881941070

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%20.00.00.0100.0%40.00.00.0100.0%63.00.01.098.4%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%15.05.00.075.0%29.011.00.072.5%46.018.00.071.9%
Dividend per Share0.00.04.00.0%7.00.05.058.3%14.00.06.070.0%28.00.012.070.0%37.00.027.057.8%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%19.01.00.095.0%36.04.00.090.0%53.011.00.082.8%

Fundamentals of Ite

About ITE Tech Inc

ITE Tech. Inc, a fabless IC design company, provides I/O, keyboard, and embedded controller technology products in Taiwan and internationally. It offers video link products, including HDMI, display port, MIPI, and high-speed ADC/DAC products; PC I/O and notebook product lines; and digital TV products, such as DTV modulators, front-end receivers, and bridges. The company also provides ccHDTV transmitters and receivers; USB type C products; EPD e-paper IC products; SoC; and sensor hub/IOT products. ITE Tech. Inc was founded in 1996 and is headquartered in Hsinchu City, Taiwan.

Fundamental data was last updated by Penke on 2024-03-26 02:49:06.

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 efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of ITE Tech Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ite earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Ite to the Semiconductors industry mean.
  • A Net Profit Margin of 23.2% means that NT$0.23 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ITE Tech Inc:

  • The MRQ is 23.2%. The company is making a huge profit. +2
  • The TTM is 25.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ23.2%TTM25.2%-2.1%
TTM25.2%YOY23.3%+1.9%
TTM25.2%5Y21.4%+3.8%
5Y21.4%10Y16.6%+4.8%
Compared to industry (Semiconductors)
PeriodCompanyIndustry (mean)+/- 
MRQ23.2%5.9%+17.3%
TTM25.2%4.2%+21.0%
YOY23.3%10.8%+12.5%
5Y21.4%8.4%+13.0%
10Y16.6%7.8%+8.8%
1.1.2. Return on Assets

Shows how efficient Ite is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ite to the Semiconductors industry mean.
  • 4.1% Return on Assets means that Ite generated NT$0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ITE Tech Inc:

  • The MRQ is 4.1%. Using its assets, the company is less efficient in making profit.
  • The TTM is 5.0%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ4.1%TTM5.0%-0.9%
TTM5.0%YOY4.1%+1.0%
TTM5.0%5Y4.3%+0.8%
5Y4.3%10Y3.2%+1.1%
Compared to industry (Semiconductors)
PeriodCompanyIndustry (mean)+/- 
MRQ4.1%0.8%+3.3%
TTM5.0%0.8%+4.2%
YOY4.1%1.9%+2.2%
5Y4.3%1.6%+2.7%
10Y3.2%1.6%+1.6%
1.1.3. Return on Equity

Shows how efficient Ite is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ite to the Semiconductors industry mean.
  • 5.2% Return on Equity means Ite generated NT$0.05 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ITE Tech Inc:

  • The MRQ is 5.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 6.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.2%TTM6.7%-1.5%
TTM6.7%YOY5.5%+1.1%
TTM6.7%5Y5.8%+0.9%
5Y5.8%10Y4.2%+1.6%
Compared to industry (Semiconductors)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2%1.2%+4.0%
TTM6.7%1.4%+5.3%
YOY5.5%3.4%+2.1%
5Y5.8%2.6%+3.2%
10Y4.2%2.6%+1.6%

1.2. Operating Efficiency of ITE Tech Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ite is operating .

  • Measures how much profit Ite makes for each NT$1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Ite to the Semiconductors industry mean.
  • An Operating Margin of 0.0% means the company generated NT$0.00  for each NT$1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of ITE Tech Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM15.1%-15.1%
TTM15.1%YOY25.5%-10.5%
TTM15.1%5Y22.6%-7.5%
5Y22.6%10Y14.7%+7.9%
Compared to industry (Semiconductors)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.4%-6.4%
TTM15.1%2.0%+13.1%
YOY25.5%10.6%+14.9%
5Y22.6%8.8%+13.8%
10Y14.7%7.3%+7.4%
1.2.2. Operating Ratio

Measures how efficient Ite is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Semiconductors industry mean).
  • An Operation Ratio of 1.21 means that the operating costs are NT$1.21 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of ITE Tech Inc:

  • The MRQ is 1.212. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.173. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.212TTM1.173+0.039
TTM1.173YOY1.223-0.050
TTM1.1735Y1.227-0.054
5Y1.22710Y1.050+0.177
Compared to industry (Semiconductors)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2121.560-0.348
TTM1.1731.583-0.410
YOY1.2231.431-0.208
5Y1.2271.509-0.282
10Y1.0501.305-0.255

1.3. Liquidity of ITE Tech Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ite is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Semiconductors industry mean).
  • A Current Ratio of 3.40 means the company has NT$3.40 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of ITE Tech Inc:

  • The MRQ is 3.405. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.197. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.405TTM3.197+0.207
TTM3.197YOY3.153+0.044
TTM3.1975Y3.077+0.120
5Y3.07710Y2.396+0.681
Compared to industry (Semiconductors)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4052.785+0.620
TTM3.1972.801+0.396
YOY3.1532.675+0.478
5Y3.0772.712+0.365
10Y2.3962.400-0.004
1.3.2. Quick Ratio

Measures if Ite is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Ite to the Semiconductors industry mean.
  • A Quick Ratio of 0.79 means the company can pay off NT$0.79 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ITE Tech Inc:

  • The MRQ is 0.791. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.835. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.791TTM0.835-0.044
TTM0.835YOY1.125-0.290
TTM0.8355Y1.007-0.172
5Y1.00710Y0.812+0.195
Compared to industry (Semiconductors)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7911.024-0.233
TTM0.8350.966-0.131
YOY1.1251.051+0.074
5Y1.0071.138-0.131
10Y0.8121.146-0.334

1.4. Solvency of ITE Tech Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ite assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ite to Semiconductors industry mean.
  • A Debt to Asset Ratio of 0.22 means that Ite assets are financed with 21.8% credit (debt) and the remaining percentage (100% - 21.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of ITE Tech Inc:

  • The MRQ is 0.218. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.240. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.218TTM0.240-0.022
TTM0.240YOY0.262-0.022
TTM0.2405Y0.258-0.018
5Y0.25810Y0.236+0.022
Compared to industry (Semiconductors)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2180.310-0.092
TTM0.2400.321-0.081
YOY0.2620.346-0.084
5Y0.2580.352-0.094
10Y0.2360.344-0.108
1.4.2. Debt to Equity Ratio

Measures if Ite is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ite to the Semiconductors industry mean.
  • A Debt to Equity ratio of 27.8% means that company has NT$0.28 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of ITE Tech Inc:

  • The MRQ is 0.278. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.322. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.278TTM0.322-0.044
TTM0.322YOY0.375-0.053
TTM0.3225Y0.355-0.033
5Y0.35510Y0.314+0.041
Compared to industry (Semiconductors)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2780.460-0.182
TTM0.3220.499-0.177
YOY0.3750.534-0.159
5Y0.3550.574-0.219
10Y0.3140.605-0.291

2. Market Valuation of ITE Tech Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every NT$1 in earnings Ite generates.

  • Above 15 is considered overpriced but always compare Ite to the Semiconductors industry mean.
  • A PE ratio of 18.04 means the investor is paying NT$18.04 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of ITE Tech Inc:

  • The EOD is 21.039. Based on the earnings, the company is fair priced.
  • The MRQ is 18.042. Based on the earnings, the company is fair priced.
  • The TTM is 13.089. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD21.039MRQ18.042+2.997
MRQ18.042TTM13.089+4.953
TTM13.089YOY10.972+2.116
TTM13.0895Y11.371+1.718
5Y11.37110Y13.912-2.541
Compared to industry (Semiconductors)
PeriodCompanyIndustry (mean)+/- 
EOD21.03917.222+3.817
MRQ18.04216.214+1.828
TTM13.08917.084-3.995
YOY10.97213.923-2.951
5Y11.37119.524-8.153
10Y13.91219.749-5.837
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of ITE Tech Inc:

  • The EOD is 21.872. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 18.756. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 14.048. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD21.872MRQ18.756+3.116
MRQ18.756TTM14.048+4.708
TTM14.048YOY7.725+6.322
TTM14.0485Y11.114+2.933
5Y11.11410Y5.557+5.557
Compared to industry (Semiconductors)
PeriodCompanyIndustry (mean)+/- 
EOD21.8727.624+14.248
MRQ18.7567.836+10.920
TTM14.0484.821+9.227
YOY7.7256.468+1.257
5Y11.1145.057+6.057
10Y5.5575.204+0.353
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ite is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Semiconductors industry mean).
  • A PB ratio of 3.77 means the investor is paying NT$3.77 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of ITE Tech Inc:

  • The EOD is 4.399. Based on the equity, the company is fair priced.
  • The MRQ is 3.772. Based on the equity, the company is fair priced.
  • The TTM is 3.420. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD4.399MRQ3.772+0.627
MRQ3.772TTM3.420+0.353
TTM3.420YOY2.360+1.060
TTM3.4205Y2.522+0.898
5Y2.52210Y1.992+0.530
Compared to industry (Semiconductors)
PeriodCompanyIndustry (mean)+/- 
EOD4.3992.528+1.871
MRQ3.7722.744+1.028
TTM3.4202.695+0.725
YOY2.3602.537-0.177
5Y2.5223.112-0.590
10Y1.9923.209-1.217
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ITE Tech Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--2.4321.625+50%-1.368+156%0.852+186%0.459+430%
Book Value Per Share--39.89537.153+7%33.946+18%31.471+27%27.257+46%
Current Ratio--3.4053.197+6%3.153+8%3.077+11%2.396+42%
Debt To Asset Ratio--0.2180.240-9%0.262-17%0.258-16%0.236-8%
Debt To Equity Ratio--0.2780.322-14%0.375-26%0.355-22%0.314-11%
Dividend Per Share----0%6.750-100%3.897-100%2.743-100%
Eps--2.0852.464-15%1.890+10%1.888+10%1.245+68%
Free Cash Flow Per Share--2.0063.660-45%1.859+8%1.803+11%1.803+11%
Free Cash Flow To Equity Per Share--2.0063.654-45%-0.403+120%0.654+207%0.654+207%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--55.966--------
Intrinsic Value_10Y_min--49.851--------
Intrinsic Value_1Y_max--8.796--------
Intrinsic Value_1Y_min--8.642--------
Intrinsic Value_3Y_max--23.999--------
Intrinsic Value_3Y_min--22.960--------
Intrinsic Value_5Y_max--36.273--------
Intrinsic Value_5Y_min--33.877--------
Market Cap28269540000.000+14%24242558662.00020529661803.800+18%13031382031.600+86%13311288117.870+82%9380899709.685+158%
Net Profit Margin--0.2320.252-8%0.233-1%0.214+8%0.166+39%
Operating Margin---0.151-100%0.255-100%0.226-100%0.147-100%
Operating Ratio--1.2121.173+3%1.223-1%1.227-1%1.050+15%
Pb Ratio4.399+14%3.7723.420+10%2.360+60%2.522+50%1.992+89%
Pe Ratio21.039+14%18.04213.089+38%10.972+64%11.371+59%13.912+30%
Price Per Share175.500+14%150.500127.450+18%80.900+86%82.600+82%58.136+159%
Price To Free Cash Flow Ratio21.872+14%18.75614.048+34%7.725+143%11.114+69%5.557+238%
Price To Total Gains Ratio72.151+14%61.87323.889+159%62.912-2%27.456+125%19.779+213%
Quick Ratio--0.7910.835-5%1.125-30%1.007-21%0.812-3%
Return On Assets--0.0410.050-19%0.041+1%0.043-4%0.032+29%
Return On Equity--0.0520.067-22%0.055-6%0.058-10%0.042+24%
Total Gains Per Share--2.4321.625+50%5.382-55%4.749-49%3.202-24%
Usd Book Value--201142970.900187317980.000+7%171147406.225+18%158793260.230+27%137774570.768+46%
Usd Book Value Change Per Share--0.0760.051+50%-0.043+156%0.027+186%0.014+430%
Usd Book Value Per Share--1.2491.163+7%1.062+18%0.985+27%0.853+46%
Usd Dividend Per Share----0%0.211-100%0.122-100%0.086-100%
Usd Eps--0.0650.077-15%0.059+10%0.059+10%0.039+68%
Usd Free Cash Flow--10113906.40018452398.550-45%9370930.475+8%7270928.965+39%3635464.483+178%
Usd Free Cash Flow Per Share--0.0630.115-45%0.058+8%0.056+11%0.056+11%
Usd Free Cash Flow To Equity Per Share--0.0630.114-45%-0.013+120%0.020+207%0.020+207%
Usd Market Cap884836602.000+14%758792086.121642578414.459+18%407882257.589+86%416643318.089+82%293622160.913+158%
Usd Price Per Share5.493+14%4.7113.989+18%2.532+86%2.585+82%1.820+159%
Usd Profit--10514327.30012424597.600-15%9528439.900+10%9524940.560+10%6285861.625+67%
Usd Revenue--45383622.80049113166.475-8%40785511.950+11%42499099.310+7%33917323.215+34%
Usd Total Gains Per Share--0.0760.051+50%0.168-55%0.149-49%0.100-24%
 EOD+4 -4MRQTTM+14 -19YOY+22 -135Y+23 -1210Y+24 -11

3.2. Fundamental Score

Let's check the fundamental score of ITE Tech Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1521.039
Price to Book Ratio (EOD)Between0-14.399
Net Profit Margin (MRQ)Greater than00.232
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.791
Current Ratio (MRQ)Greater than13.405
Debt to Asset Ratio (MRQ)Less than10.218
Debt to Equity Ratio (MRQ)Less than10.278
Return on Equity (MRQ)Greater than0.150.052
Return on Assets (MRQ)Greater than0.050.041
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of ITE Tech Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.408
Ma 20Greater thanMa 50171.525
Ma 50Greater thanMa 100162.570
Ma 100Greater thanMa 200158.945
OpenGreater thanClose177.000
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in TWD. All numbers in thousands.

Summary
Total Assets8,214,231
Total Liabilities1,787,938
Total Stockholder Equity6,426,293
 As reported
Total Liabilities 1,787,938
Total Stockholder Equity+ 6,426,293
Total Assets = 8,214,231

Assets

Total Assets8,214,231
Total Current Assets5,461,806
Long-term Assets2,752,425
Total Current Assets
Cash And Cash Equivalents 3,297,069
Short-term Investments 400,861
Net Receivables 868,773
Inventory 804,480
Other Current Assets 104
Total Current Assets  (as reported)5,461,806
Total Current Assets  (calculated)5,371,287
+/- 90,519
Long-term Assets
Property Plant Equipment 742,030
Long-term Assets Other 1,901
Long-term Assets  (as reported)2,752,425
Long-term Assets  (calculated)743,931
+/- 2,008,494

Liabilities & Shareholders' Equity

Total Current Liabilities1,604,290
Long-term Liabilities183,648
Total Stockholder Equity6,426,293
Total Current Liabilities
Accounts payable 561,487
Other Current Liabilities 185,227
Total Current Liabilities  (as reported)1,604,290
Total Current Liabilities  (calculated)746,714
+/- 857,576
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt83,163
Long-term Liabilities Other 28,290
Long-term Liabilities  (as reported)183,648
Long-term Liabilities  (calculated)111,453
+/- 72,195
Total Stockholder Equity
Retained Earnings 2,375,480
Total Stockholder Equity (as reported)6,426,293
Total Stockholder Equity (calculated)2,375,480
+/- 4,050,813
Other
Capital Stock1,610,801
Common Stock Shares Outstanding 161,080
Net Invested Capital 6,426,293
Net Working Capital 3,857,516
Property Plant and Equipment Gross 768,617



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-06-302006-06-302005-06-30
> Total Assets 
1,530,583
1,904,506
2,220,948
2,410,636
2,641,598
2,451,431
6,663,262
6,819,685
7,125,056
7,045,071
7,073,137
7,413,988
7,579,785
7,004,217
7,035,145
7,305,429
7,338,988
6,879,915
4,387,820
4,479,725
4,690,360
4,676,997
4,782,491
4,879,760
4,988,176
4,835,742
4,422,925
4,464,663
4,699,239
4,654,139
4,585,320
4,703,805
4,696,202
4,427,865
4,615,866
4,663,601
4,784,240
4,581,197
4,708,377
4,851,738
5,044,754
4,698,982
4,897,106
4,933,292
5,093,138
4,917,012
4,939,075
5,021,616
5,229,207
5,083,881
5,358,917
5,393,316
5,814,259
5,807,730
6,487,655
7,113,378
7,933,104
7,823,054
8,639,409
8,624,549
8,319,043
6,359,440
6,669,441
7,371,235
8,158,927
7,797,325
8,214,231
8,214,2317,797,3258,158,9277,371,2356,669,4416,359,4408,319,0438,624,5498,639,4097,823,0547,933,1047,113,3786,487,6555,807,7305,814,2595,393,3165,358,9175,083,8815,229,2075,021,6164,939,0754,917,0125,093,1384,933,2924,897,1064,698,9825,044,7544,851,7384,708,3774,581,1974,784,2404,663,6014,615,8664,427,8654,696,2024,703,8054,585,3204,654,1394,699,2394,464,6634,422,9254,835,7424,988,1764,879,7604,782,4914,676,9974,690,3604,479,7254,387,8206,879,9157,338,9887,305,4297,035,1457,004,2177,579,7857,413,9887,073,1377,045,0717,125,0566,819,6856,663,2622,451,4312,641,5982,410,6362,220,9481,904,5061,530,583
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,665,019
3,626,082
3,829,932
3,464,111
3,619,600
3,493,650
3,562,049
3,388,017
3,410,730
3,392,557
3,606,012
3,429,673
3,614,625
3,710,567
4,058,379
3,871,522
4,340,082
4,838,994
5,585,887
5,280,872
5,711,586
5,962,331
5,838,515
4,001,984
4,322,400
4,699,371
5,514,949
5,078,595
5,461,806
5,461,8065,078,5955,514,9494,699,3714,322,4004,001,9845,838,5155,962,3315,711,5865,280,8725,585,8874,838,9944,340,0823,871,5224,058,3793,710,5673,614,6253,429,6733,606,0123,392,5573,410,7303,388,0173,562,0493,493,6503,619,6003,464,1113,829,9323,626,0823,665,01900000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,287,609
2,356,563
2,365,002
2,350,738
2,332,742
2,377,613
2,548,039
2,131,350
2,093,739
2,050,388
2,244,075
2,230,808
2,474,150
2,528,834
2,007,377
1,616,687
2,027,313
2,272,271
2,370,825
1,782,565
1,975,925
2,091,028
1,911,902
1,557,877
1,785,488
2,156,236
3,579,878
2,879,315
3,297,069
3,297,0692,879,3153,579,8782,156,2361,785,4881,557,8771,911,9022,091,0281,975,9251,782,5652,370,8252,272,2712,027,3131,616,6872,007,3772,528,8342,474,1502,230,8082,244,0752,050,3882,093,7392,131,3502,548,0392,377,6132,332,7422,350,7382,365,0022,356,5632,287,60900000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19,878
29,388
29,102
24,407
19,522
14,550
15,287
15,258
15,367
487,719
447,940
97,030
151,672
281,279
883,507
932,067
932,895
1,033,538
1,334,140
1,333,059
1,533,832
1,634,798
1,736,378
512,054
663,670
725,830
2,200
100,061
400,861
400,861100,0612,200725,830663,670512,0541,736,3781,634,7981,533,8321,333,0591,334,1401,033,538932,895932,067883,507281,279151,67297,030447,940487,71915,36715,25815,28714,55019,52224,40729,10229,38819,87800000000000000000000000000000000000000
       Net Receivables 
322,073
373,842
567,147
543,169
500,068
550,448
562,035
593,951
648,824
808,641
644,353
718,442
679,860
621,192
598,367
647,506
688,483
598,426
516,623
579,220
624,395
609,600
542,664
602,403
677,815
692,154
701,229
602,195
668,604
643,917
542,205
520,614
485,455
632,625
555,875
458,827
505,418
623,829
511,634
445,807
487,657
578,961
516,263
412,323
475,133
589,368
453,977
374,775
477,499
686,739
593,066
457,038
710,100
823,137
818,851
939,321
1,175,215
1,288,888
1,053,315
965,211
789,200
678,818
727,640
799,480
1,051,858
1,235,133
868,773
868,7731,235,1331,051,858799,480727,640678,818789,200965,2111,053,3151,288,8881,175,215939,321818,851823,137710,100457,038593,066686,739477,499374,775453,977589,368475,133412,323516,263578,961487,657445,807511,634623,829505,418458,827555,875632,625485,455520,614542,205643,917668,604602,195701,229692,154677,815602,403542,664609,600624,395579,220516,623598,426688,483647,506598,367621,192679,860718,442644,353808,641648,824593,951562,035550,448500,068543,169567,147373,842322,073
       Inventory 
0
0
136,672
0
198,949
210,703
360,716
233,154
385,851
457,817
462,626
489,880
619,894
632,443
617,148
653,447
642,236
563,267
423,342
419,741
491,561
418,245
482,649
485,169
489,014
433,324
400,467
373,405
399,739
401,245
404,317
396,511
370,667
328,522
361,599
404,103
387,898
310,161
309,436
300,516
289,579
274,212
323,373
336,129
348,313
381,208
444,899
435,508
394,728
348,656
345,244
395,267
417,373
438,842
495,831
534,675
661,995
801,430
1,076,888
1,212,836
1,343,684
1,177,091
1,071,211
951,410
820,323
775,435
804,480
804,480775,435820,323951,4101,071,2111,177,0911,343,6841,212,8361,076,888801,430661,995534,675495,831438,842417,373395,267345,244348,656394,728435,508444,899381,208348,313336,129323,373274,212289,579300,516309,436310,161387,898404,103361,599328,522370,667396,511404,317401,245399,739373,405400,467433,324489,014485,169482,649418,245491,561419,741423,342563,267642,236653,447617,148632,443619,894489,880462,626457,817385,851233,154360,716210,703198,9490136,67200
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,629,059
1,623,195
1,654,208
1,744,292
1,682,749
1,755,880
1,936,208
2,147,573
2,274,384
2,347,217
2,542,182
2,927,823
2,662,218
2,480,528
2,357,456
2,347,041
2,671,864
2,643,978
2,718,730
2,752,425
2,752,4252,718,7302,643,9782,671,8642,347,0412,357,4562,480,5282,662,2182,927,8232,542,1822,347,2172,274,3842,147,5731,936,2081,755,8801,682,7491,744,2921,654,2081,623,1951,629,05900000000000000000000000000000000000000000000000
       Property Plant Equipment 
108,270
87,238
75,321
80,003
79,592
79,791
121,718
121,145
116,333
112,518
115,338
113,039
114,481
111,329
110,260
221,217
342,159
376,915
370,822
366,164
355,620
345,281
337,303
328,865
320,568
309,341
299,865
291,191
283,684
277,886
276,730
272,734
276,000
273,068
269,942
267,122
266,166
262,899
260,054
443,569
443,607
439,753
443,783
631,832
634,273
633,607
652,407
744,974
739,318
732,477
725,367
721,877
716,486
711,497
705,879
704,441
736,218
737,446
727,504
729,070
727,932
722,754
713,916
708,114
714,072
713,950
742,030
742,030713,950714,072708,114713,916722,754727,932729,070727,504737,446736,218704,441705,879711,497716,486721,877725,367732,477739,318744,974652,407633,607634,273631,832443,783439,753443,607443,569260,054262,899266,166267,122269,942273,068276,000272,734276,730277,886283,684291,191299,865309,341320,568328,865337,303345,281355,620366,164370,822376,915342,159221,217110,260111,329114,481113,039115,338112,518116,333121,145121,71879,79179,59280,00375,32187,238108,270
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
206,323
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,323206,32300000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
425,707
432,903
426,682
446,640
429,689
439,439
533,311
526,300
520,502
534,108
546,871
549,623
705,226
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000705,226549,623546,871534,108520,502526,300533,311439,439429,689446,640426,682432,903425,70700000000000000000000000000000000000000
       Intangible Assets 
0
0
38,687
39,013
40,408
44,220
3,057,186
3,047,136
3,023,269
3,002,887
2,971,585
2,957,573
2,932,933
2,910,320
2,888,079
2,866,545
3,047,207
3,021,404
534,041
511,944
495,180
483,159
464,810
438,299
420,115
398,567
377,122
370,325
363,438
356,708
354,514
347,317
340,307
333,820
326,799
320,200
314,660
308,228
302,176
295,801
289,897
297,993
296,959
292,486
79,899
72,624
69,282
61,830
55,907
50,977
45,688
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000045,68850,97755,90761,83069,28272,62479,899292,486296,959297,993289,897295,801302,176308,228314,660320,200326,799333,820340,307347,317354,514356,708363,438370,325377,122398,567420,115438,299464,810483,159495,180511,944534,0413,021,4043,047,2072,866,5452,888,0792,910,3202,932,9332,957,5732,971,5853,002,8873,023,2693,047,1363,057,18644,22040,40839,01338,68700
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,975
15,882
50,772
1,202
755
757
908
4,298
4,326
767
7,061
18,057
7,507
56,124
2,651
2,826
40,260
2,497
2,277
1,901
1,9012,2772,49740,2602,8262,65156,1247,50718,0577,0617674,3264,2989087577551,20250,77215,88215,97500000000000000000000000000000000000000000000000
> Total Liabilities 
350,862
512,881
684,084
397,626
896,014
556,625
723,555
722,496
1,121,225
878,410
801,775
984,957
1,443,960
811,095
785,851
962,346
1,239,790
754,537
678,092
716,892
850,596
731,062
796,014
879,417
1,181,294
1,453,406
954,807
893,403
1,177,943
978,235
877,606
888,589
1,138,904
832,798
917,837
877,104
1,204,979
865,654
912,220
880,049
1,419,598
924,520
1,039,033
967,208
1,410,521
1,073,053
1,075,960
1,059,036
1,543,562
1,206,622
1,322,282
1,288,819
1,932,849
1,468,526
1,678,257
1,801,013
2,132,457
2,238,776
2,378,258
2,257,264
3,332,156
1,221,159
1,290,021
1,389,027
2,663,510
1,762,843
1,787,938
1,787,9381,762,8432,663,5101,389,0271,290,0211,221,1593,332,1562,257,2642,378,2582,238,7762,132,4571,801,0131,678,2571,468,5261,932,8491,288,8191,322,2821,206,6221,543,5621,059,0361,075,9601,073,0531,410,521967,2081,039,033924,5201,419,598880,049912,220865,6541,204,979877,104917,837832,7981,138,904888,589877,606978,2351,177,943893,403954,8071,453,4061,181,294879,417796,014731,062850,596716,892678,092754,5371,239,790962,346785,851811,0951,443,960984,957801,775878,4101,121,225722,496723,555556,625896,014397,626684,084512,881350,862
   > Total Current Liabilities 
325,172
486,720
656,597
368,044
865,414
525,010
690,065
688,544
1,086,826
843,545
746,571
911,108
1,360,242
719,550
689,522
856,330
1,120,764
635,220
626,062
663,995
796,841
670,008
728,776
777,909
1,080,256
1,352,768
852,025
790,939
1,075,839
876,069
770,729
782,029
1,032,676
726,889
818,953
778,656
1,106,891
768,081
801,019
769,498
1,309,139
814,582
922,109
856,032
1,297,146
962,150
954,204
844,988
1,325,219
996,779
1,125,839
1,098,249
1,743,651
1,281,444
1,485,774
1,609,787
1,940,460
2,038,882
2,172,148
2,055,988
3,132,605
1,023,741
1,097,563
1,196,759
2,473,063
1,573,531
1,604,290
1,604,2901,573,5312,473,0631,196,7591,097,5631,023,7413,132,6052,055,9882,172,1482,038,8821,940,4601,609,7871,485,7741,281,4441,743,6511,098,2491,125,839996,7791,325,219844,988954,204962,1501,297,146856,032922,109814,5821,309,139769,498801,019768,0811,106,891778,656818,953726,8891,032,676782,029770,729876,0691,075,839790,939852,0251,352,7681,080,256777,909728,776670,008796,841663,995626,062635,2201,120,764856,330689,522719,5501,360,242911,108746,571843,5451,086,826688,544690,065525,010865,414368,044656,597486,720325,172
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,352
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000006,35200000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,352
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000006,35200000000000000000000000000000000000000000000000
       Accounts payable 
238,054
215,340
307,962
238,426
364,469
340,003
327,825
332,528
613,058
617,479
474,201
607,584
635,467
500,046
473,246
562,869
571,329
458,771
364,882
450,683
555,145
406,791
453,708
425,826
433,813
437,758
443,736
366,405
438,396
456,147
346,275
341,439
287,338
314,907
366,494
324,243
297,701
304,813
319,105
286,052
292,642
352,202
385,864
324,995
327,261
401,821
362,510
261,211
301,234
396,314
387,352
374,760
474,900
589,642
622,488
655,655
805,969
934,144
918,745
719,678
592,525
298,028
367,228
394,400
551,574
629,948
561,487
561,487629,948551,574394,400367,228298,028592,525719,678918,745934,144805,969655,655622,488589,642474,900374,760387,352396,314301,234261,211362,510401,821327,261324,995385,864352,202292,642286,052319,105304,813297,701324,243366,494314,907287,338341,439346,275456,147438,396366,405443,736437,758433,813425,826453,708406,791555,145450,683364,882458,771571,329562,869473,246500,046635,467607,584474,201617,479613,058332,528327,825340,003364,469238,426307,962215,340238,054
       Other Current Liabilities 
87,118
271,380
348,635
129,618
500,945
185,007
362,240
356,016
473,768
226,066
272,370
303,524
724,775
219,504
216,276
225,691
549,435
176,449
261,180
213,312
241,696
263,217
275,068
352,083
646,443
915,010
408,289
424,534
637,443
419,922
424,454
440,590
745,338
411,982
452,459
454,413
809,190
463,268
481,914
483,446
1,016,497
462,380
536,245
531,037
969,686
560,115
586,388
123,712
86,529
109,011
731,595
716,931
1,261,273
684,571
856,369
944,034
1,130,028
1,084,373
1,243,529
1,308,361
2,518,357
718,755
723,475
794,772
1,900,795
201,352
185,227
185,227201,3521,900,795794,772723,475718,7552,518,3571,308,3611,243,5291,084,3731,130,028944,034856,369684,5711,261,273716,931731,595109,01186,529123,712586,388560,115969,686531,037536,245462,3801,016,497483,446481,914463,268809,190454,413452,459411,982745,338440,590424,454419,922637,443424,534408,289915,010646,443352,083275,068263,217241,696213,312261,180176,449549,435225,691216,276219,504724,775303,524272,370226,066473,768356,016362,240185,007500,945129,618348,635271,38087,118
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
214,048
218,343
209,843
196,443
190,570
189,198
187,082
192,483
191,226
191,997
199,894
206,110
201,276
199,551
197,418
192,458
192,268
190,447
189,312
183,648
183,648189,312190,447192,268192,458197,418199,551201,276206,110199,894191,997191,226192,483187,082189,198190,570196,443209,843218,343214,04800000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
94,278
98,975
97,151
95,488
94,087
93,329
91,729
90,039
88,530
86,685
95,693
93,772
92,706
91,162
89,396
87,493
88,760
86,974
85,173
83,163
83,16385,17386,97488,76087,49389,39691,16292,70693,77295,69386,68588,53090,03991,72993,32994,08795,48897,15198,97594,27800000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,837
22,120
15,688
15,688
15,688
15,766
15,766
24,291
24,317
25,705
28,483
28,483
28,483
28,483
28,483
28,290
28,290
28,290
28,290
28,290
28,29028,29028,29028,29028,29028,48328,48328,48328,48328,48325,70524,31724,29115,76615,76615,68815,68815,68822,12015,83700000000000000000000000000000000000000000000000
> Total Stockholder Equity
1,179,721
1,391,625
1,536,864
2,013,010
1,745,584
1,894,806
5,939,707
6,097,189
6,003,831
6,166,661
6,271,362
6,429,031
6,135,825
6,193,122
6,249,294
6,343,083
6,099,198
6,125,378
3,709,728
3,762,833
3,839,764
3,945,935
3,986,477
4,000,343
3,806,882
3,382,336
3,468,118
3,571,260
3,521,296
3,675,904
3,707,714
3,815,216
3,557,298
3,595,067
3,698,029
3,786,497
3,579,261
3,715,543
3,793,448
3,969,481
3,623,290
3,772,951
3,856,207
3,964,701
3,681,301
3,842,719
3,861,946
3,961,173
3,684,316
3,876,879
4,036,406
4,104,268
3,881,188
4,338,995
4,809,191
5,312,120
5,800,396
5,584,039
6,261,151
6,367,285
4,986,887
5,138,281
5,379,420
5,982,208
5,495,417
6,034,482
6,426,293
6,426,2936,034,4825,495,4175,982,2085,379,4205,138,2814,986,8876,367,2856,261,1515,584,0395,800,3965,312,1204,809,1914,338,9953,881,1884,104,2684,036,4063,876,8793,684,3163,961,1733,861,9463,842,7193,681,3013,964,7013,856,2073,772,9513,623,2903,969,4813,793,4483,715,5433,579,2613,786,4973,698,0293,595,0673,557,2983,815,2163,707,7143,675,9043,521,2963,571,2603,468,1183,382,3363,806,8824,000,3433,986,4773,945,9353,839,7643,762,8333,709,7286,125,3786,099,1986,343,0836,249,2946,193,1226,135,8256,429,0316,271,3626,166,6616,003,8316,097,1895,939,7071,894,8061,745,5842,013,0101,536,8641,391,6251,179,721
   Common Stock
1,090,780
1,101,820
1,120,660
1,128,620
1,142,760
1,202,743
2,006,362
2,006,362
2,014,535
2,014,829
2,015,015
2,018,358
2,022,110
2,022,110
2,022,230
2,025,656
2,026,167
2,026,167
2,026,945
2,026,945
2,024,945
2,059,645
2,059,645
2,059,645
2,059,045
1,538,034
1,538,034
1,537,517
1,537,517
1,578,192
1,578,783
1,578,933
1,579,253
1,578,903
1,578,743
1,578,743
1,578,743
1,578,743
1,578,743
1,578,743
1,613,743
1,613,743
1,613,743
1,613,213
1,612,753
1,612,508
1,612,403
1,611,073
1,610,933
1,610,933
1,610,801
1,610,801
1,610,801
1,610,801
1,610,801
1,610,801
1,610,801
1,610,801
1,610,801
1,610,801
1,610,801
1,610,801
1,610,801
1,610,801
1,610,801
0
0
001,610,8011,610,8011,610,8011,610,8011,610,8011,610,8011,610,8011,610,8011,610,8011,610,8011,610,8011,610,8011,610,8011,610,8011,610,8011,610,9331,610,9331,611,0731,612,4031,612,5081,612,7531,613,2131,613,7431,613,7431,613,7431,578,7431,578,7431,578,7431,578,7431,578,7431,578,7431,578,9031,579,2531,578,9331,578,7831,578,1921,537,5171,537,5171,538,0341,538,0342,059,0452,059,6452,059,6452,059,6452,024,9452,026,9452,026,9452,026,1672,026,1672,025,6562,022,2302,022,1102,022,1102,018,3582,015,0152,014,8292,014,5352,006,3622,006,3621,202,7431,142,7601,128,6201,120,6601,101,8201,090,780
   Retained Earnings 
105,034
128,830
230,099
680,375
360,767
441,243
471,694
618,517
484,446
642,962
721,692
846,576
491,591
537,673
575,883
655,148
369,498
384,338
0
0
120,932
181,868
215,024
211,085
150,299
241,108
295,049
392,928
319,593
445,469
474,152
570,770
291,263
405,378
502,167
576,950
354,993
488,123
548,657
637,366
368,178
495,341
569,095
844,903
622,435
807,753
864,150
755,363
236,431
417,401
1,056,578
1,182,533
934,385
1,285,361
1,534,546
1,909,275
2,374,242
2,045,107
2,380,884
2,785,438
1,798,020
2,109,434
2,319,614
2,673,855
2,246,292
1,996,422
2,375,480
2,375,4801,996,4222,246,2922,673,8552,319,6142,109,4341,798,0202,785,4382,380,8842,045,1072,374,2421,909,2751,534,5461,285,361934,3851,182,5331,056,578417,401236,431755,363864,150807,753622,435844,903569,095495,341368,178637,366548,657488,123354,993576,950502,167405,378291,263570,770474,152445,469319,593392,928295,049241,108150,299211,085215,024181,868120,93200384,338369,498655,148575,883537,673491,591846,576721,692642,962484,446618,517471,694441,243360,767680,375230,099128,830105,034
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000-105-245-460-100000-85,285-85,285-85,285-85,285-85,285-81,883-200-100-250-200-300-150-517-247-1,000-600000-4,38000000000000000000-6,222-127,386
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-1,153
81
-86,540
-64,042
-55,647
-219,791
-218,238
-241,778
-281,652
-259,668
-245,532
-234,122
-217,112
-275,644
-202,691
-95,860
125,151
253,351
276,660
469,978
811,313
512,893
280,993
120,973
151,932
387,188
408,500
0
0
00408,500387,188151,932120,973280,993512,893811,313469,978276,660253,351125,151-95,860-202,691-275,644-217,112-234,122-245,532-259,668-281,652-241,778-218,238-219,791-55,647-64,042-86,54081-1,15300000000000000000000000000000000000000



Balance Sheet

Currency in TWD. All numbers in thousands.




Cash Flow

Currency in TWD. All numbers in thousands.




Income Statement

Currency in TWD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue6,276,443
Cost of Revenue-2,852,442
Gross Profit3,424,0013,424,001
 
Operating Income (+$)
Gross Profit3,424,001
Operating Expense-4,513,788
Operating Income1,762,655-1,089,787
 
Operating Expense (+$)
Research Development977,680
Selling General Administrative683,666
Selling And Marketing Expenses-
Operating Expense4,513,7881,661,346
 
Net Interest Income (+$)
Interest Income31,533
Interest Expense-1,587
Other Finance Cost-0
Net Interest Income29,946
 
Pretax Income (+$)
Operating Income1,762,655
Net Interest Income29,946
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,928,5591,762,655
EBIT - interestExpense = -1,587
1,587,808
1,589,395
Interest Expense1,587
Earnings Before Interest and Taxes (EBIT)-1,930,146
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax1,928,559
Tax Provision-340,751
Net Income From Continuing Ops1,587,8081,587,808
Net Income1,587,808
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--29,946
 

Technical Analysis of Ite
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 Ite. The general trend of Ite is BULLISH with 100.0% 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 Ite'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 (100.0%) Bearish trend (-100.0%)
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 ITE Tech Inc.

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: 184.50.

The bearish price targets are: 164.50 > 161.50 > 155.50.

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ITE Tech Inc 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 ITE Tech Inc. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-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 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 up: The MA 100 is trending up. +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

ITE Tech Inc 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 ITE Tech Inc. The current macd is 4.0455266.

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 Ite price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Ite. 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 Ite price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
ITE Tech Inc Daily Moving Average Convergence/Divergence (MACD) ChartITE Tech Inc 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 ITE Tech Inc. The current adx is 31.45.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-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 Ite shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
ITE Tech Inc 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 ITE Tech Inc. The current sar is 184.50.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
ITE Tech Inc 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 ITE Tech Inc. The current rsi is 57.41. The current phase is Continuation in bull 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).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
ITE Tech Inc Daily Relative Strength Index (RSI) ChartITE Tech Inc 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 ITE Tech Inc. The current phase is Continuation in bull 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 Ite price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
ITE Tech Inc Daily Stochastic Oscillator ChartITE Tech Inc 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 ITE Tech Inc. The current cci is 41.98.

ITE Tech Inc Daily Commodity Channel Index (CCI) ChartITE Tech Inc 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 ITE Tech Inc. The current cmo is 11.11.

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
ITE Tech Inc Daily Chande Momentum Oscillator (CMO) ChartITE Tech Inc 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 ITE Tech Inc. The current willr is -42.85714286.

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 Ite is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
ITE Tech Inc Daily Williams %R ChartITE Tech Inc 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 ITE Tech Inc.

ITE Tech Inc 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 ITE Tech Inc. The current atr is 5.81514873.

ITE Tech Inc Daily Average True Range (ATR) ChartITE Tech Inc 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 ITE Tech Inc. The current obv is 147,133,340.

ITE Tech Inc Daily On-Balance Volume (OBV) ChartITE Tech Inc 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 ITE Tech Inc. The current mfi is 73.70.

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
ITE Tech Inc Daily Money Flow Index (MFI) ChartITE Tech Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ITE Tech Inc.

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
2023-11-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-02DMI 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.
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).
2023-11-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01STOCH 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
2023-12-04DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
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).
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05DMI 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.
2024-01-08DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15DMI 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
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-24MACD 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
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-02DMI 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
2024-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-19MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-14MACD 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-20MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside

6.3. Candlestick Patterns

ITE Tech Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of ITE Tech Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.408
Ma 20Greater thanMa 50171.525
Ma 50Greater thanMa 100162.570
Ma 100Greater thanMa 200158.945
OpenGreater thanClose177.000
Total5/5 (100.0%)
Penke

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