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Bank of Communications Co Ltd
Buy, Hold or Sell?

Let's analyse Bank of Communications Co Ltd together

PenkeI guess you are interested in Bank of Communications Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Bank of Communications Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Bank of Communications Co Ltd (30 sec.)










What can you expect buying and holding a share of Bank of Communications Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.08
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
HK$15.63
Expected worth in 1 year
HK$16.70
How sure are you?
70.8%

+ What do you gain per year?

Total Gains per Share
HK$1.69
Return On Investment
31.7%

For what price can you sell your share?

Current Price per Share
HK$5.32
Expected price per share
HK$4.99 - HK$5.32
How sure are you?
50%

1. Valuation of Bank of Communications Co Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$5.32

Intrinsic Value Per Share

HK$-29.40 - HK$-35.88

Total Value Per Share

HK$-13.77 - HK$-20.25

2. Growth of Bank of Communications Co Ltd (5 min.)




Is Bank of Communications Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$148.3b$136.5b$8b5.6%

How much money is Bank of Communications Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$3.2b$5.3b-$2.1b-66.4%
Net Profit Margin36.0%56.0%--

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

3. Financial Health of Bank of Communications Co Ltd (5 min.)




What can you expect buying and holding a share of Bank of Communications Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Bank of Communications Co Ltd?

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

Speculation

The Price per Share of Bank of Communications Co Ltd is HK$5.32. 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 Bank of Communications Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Bank of Communications Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$15.63. Based on the TTM, the Book Value Change Per Share is HK$0.27 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.16 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 HK$0.16 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Bank of Communications Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.040.8%0.040.7%0.040.7%0.040.7%0.040.7%
Usd Book Value Change Per Share0.061.0%0.030.6%0.020.4%0.040.7%0.081.6%
Usd Dividend Per Share0.071.3%0.020.4%0.020.4%0.030.5%0.030.5%
Usd Total Gains Per Share0.132.4%0.051.0%0.040.8%0.071.2%0.112.1%
Usd Price Per Share0.61-0.62-0.64-0.64-0.66-
Price to Earnings Ratio3.52-4.46-4.18-4.51-4.69-
Price-to-Total Gains Ratio4.78--59.48--7.31--16.24--12.51-
Price to Book Ratio0.30-0.32-0.35-0.38-0.41-
Price-to-Total Gains Ratio4.78--59.48--7.31--16.24--12.51-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.679896
Number of shares1470
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.03
Usd Book Value Change Per Share0.030.04
Usd Total Gains Per Share0.050.07
Gains per Quarter (1470 shares)79.2696.97
Gains per Year (1470 shares)317.03387.90
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1117200307169219378
2233401624339437766
33506019415086561154
446780112586778741542
55841001157584710931930
670012021892101613112318
781714022209118515302706
893416022526135517493094
9105118032843152419673482
10116720033160169321863870

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%24.00.00.0100.0%24.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%14.06.00.070.0%16.08.00.066.7%16.08.00.066.7%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%24.00.00.0100.0%24.00.00.0100.0%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%14.06.00.070.0%17.07.00.070.8%17.07.00.070.8%

Fundamentals of Bank of Communications Co Ltd

About Bank of Communications Co Ltd

Bank of Communications Co., Ltd. provides commercial banking products and services. It offers personal deposit products including savings, and personal certificate and structured deposits; personal loan, consumption, housing, mortgage loan, commercial housing, and business loans; and debit and credit card services. The company also provides investment services, which includes funds, insurance, financial products, trust, asset management, and precious metals and commodities trading services, as well as operates banking securities and future business; exclusive services, such as ward fortune, salary payment, community finance, value-added, and junior finance. In addition, it offers foreign exchange services comprising personal foreign exchange settlement and sale, exchange trading, and international money transfer services, as well as cross-border study abroad finance, and business travel services. Further, the company provides business banking services, which includes deposit wealth and cash management, industry chain and government, auto, and shipping finance, as well as investment banking, asset custody, and enterprise annuity account management services; and basic, online and international trade finance, and billing services. It also offers international business services, such as cross-border, exchange rate management, foreign exchange wealth management, international settlement, trade finance, letter of credit, and correspondent banking, as well as operates domestic and overseas linkage, and electronic business. Additionally, it provides bond underwriting, and equity financing and supporting M&A advisory and financing services; offshore and trust business services; leasing services; consignment financial management services; and operates bank-securities, insurance, non-banking financial institution, financial market, money and bond market, forex, and derivatives. The company was founded in 1908 and is headquartered in Shanghai, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-26 05:28:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable 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 just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

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

1.1. Profitability of Bank of Communications Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Bank of Communications Co Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Bank of Communications Co Ltd to the Banks - Diversified industry mean.
  • A Net Profit Margin of 37.7% means that $0.38 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Bank of Communications Co Ltd:

  • The MRQ is 37.7%. The company is making a huge profit. +2
  • The TTM is 36.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ37.7%TTM36.0%+1.7%
TTM36.0%YOY56.0%-20.0%
TTM36.0%5Y38.3%-2.3%
5Y38.3%10Y39.4%-1.1%
1.1.2. Return on Assets

Shows how efficient Bank of Communications Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Bank of Communications Co Ltd to the Banks - Diversified industry mean.
  • 0.2% Return on Assets means that Bank of Communications Co Ltd generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Bank of Communications Co Ltd:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%0.0%
TTM0.2%YOY0.3%-0.2%
TTM0.2%5Y0.2%0.0%
5Y0.2%10Y0.2%+0.0%
1.1.3. Return on Equity

Shows how efficient Bank of Communications Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Bank of Communications Co Ltd to the Banks - Diversified industry mean.
  • 2.2% Return on Equity means Bank of Communications Co Ltd generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Bank of Communications Co Ltd:

  • The MRQ is 2.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.2%TTM2.2%-0.1%
TTM2.2%YOY4.0%-1.7%
TTM2.2%5Y2.7%-0.5%
5Y2.7%10Y2.8%0.0%

1.2. Operating Efficiency of Bank of Communications Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Bank of Communications Co Ltd is operating .

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

Let's take a look of the Operating Margin trends of Bank of Communications Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Bank of Communications Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Diversified industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Bank of Communications Co Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.063-0.063
5Y0.06310Y0.133-0.070

1.3. Liquidity of Bank of Communications Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Bank of Communications Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Diversified industry mean).
  • A Current Ratio of 0.00 means the company has $0.00 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Bank of Communications Co Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.054-0.054
TTM0.054YOY0.234-0.180
TTM0.0545Y0.209-0.155
5Y0.20910Y0.221-0.012
1.3.2. Quick Ratio

Measures if Bank of Communications Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Bank of Communications Co Ltd to the Banks - Diversified industry mean.
  • A Quick Ratio of 0.00 means the company can pay off $0.00 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bank of Communications Co Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.005-0.005
TTM0.005YOY0.076-0.070
TTM0.0055Y0.050-0.045
5Y0.05010Y0.055-0.005

1.4. Solvency of Bank of Communications Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Bank of Communications Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Bank of Communications Co Ltd to Banks - Diversified industry mean.
  • A Debt to Asset Ratio of 0.92 means that Bank of Communications Co Ltd assets are financed with 92.2% credit (debt) and the remaining percentage (100% - 92.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Bank of Communications Co Ltd:

  • The MRQ is 0.922. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.923. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.922TTM0.9230.000
TTM0.923YOY0.920+0.003
TTM0.9235Y0.922+0.001
5Y0.92210Y0.923-0.001
1.4.2. Debt to Equity Ratio

Measures if Bank of Communications Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Bank of Communications Co Ltd to the Banks - Diversified industry mean.
  • A Debt to Equity ratio of 1,202.0% means that company has $12.02 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Bank of Communications Co Ltd:

  • The MRQ is 12.020. The company is unable to pay all its debts with equity. -1
  • The TTM is 12.007. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ12.020TTM12.007+0.013
TTM12.007YOY11.542+0.465
TTM12.0075Y11.918+0.089
5Y11.91810Y12.259-0.341

2. Market Valuation of Bank of Communications Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Bank of Communications Co Ltd generates.

  • Above 15 is considered overpriced but always compare Bank of Communications Co Ltd to the Banks - Diversified industry mean.
  • A PE ratio of 3.52 means the investor is paying $3.52 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Bank of Communications Co Ltd:

  • The EOD is 3.947. Based on the earnings, the company is cheap. +2
  • The MRQ is 3.516. Based on the earnings, the company is cheap. +2
  • The TTM is 4.456. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.947MRQ3.516+0.430
MRQ3.516TTM4.456-0.939
TTM4.456YOY4.182+0.274
TTM4.4565Y4.510-0.055
5Y4.51010Y4.694-0.184
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Bank of Communications Co Ltd:

  • The EOD is 20.964. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 18.678. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 4.772. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD20.964MRQ18.678+2.286
MRQ18.678TTM4.772+13.906
TTM4.772YOY-4.063+8.835
TTM4.7725Y-0.317+5.089
5Y-0.31710Y-0.264-0.053
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Bank of Communications Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Diversified industry mean).
  • A PB ratio of 0.30 means the investor is paying $0.30 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Bank of Communications Co Ltd:

  • The EOD is 0.340. Based on the equity, the company is cheap. +2
  • The MRQ is 0.303. Based on the equity, the company is cheap. +2
  • The TTM is 0.318. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.340MRQ0.303+0.037
MRQ0.303TTM0.318-0.014
TTM0.318YOY0.346-0.028
TTM0.3185Y0.383-0.065
5Y0.38310Y0.412-0.029
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Bank of Communications Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.4350.267+63%0.156+178%0.291+50%0.651-33%
Book Value Per Share--15.63415.241+3%14.389+9%13.336+17%12.835+22%
Current Ratio---0.054-100%0.234-100%0.209-100%0.221-100%
Debt To Asset Ratio--0.9220.9230%0.920+0%0.922+0%0.9230%
Debt To Equity Ratio--12.02012.007+0%11.542+4%11.918+1%12.259-2%
Dividend Per Share--0.5550.155+257%0.184+202%0.225+146%0.227+145%
Eps--0.3370.276+22%0.311+8%0.287+18%0.282+19%
Free Cash Flow Per Share--0.0630.864-93%0.590-89%0.366-83%0.366-83%
Free Cash Flow To Equity Per Share--0.063-0.263+515%1.134-94%0.907-93%0.907-93%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---35.884--------
Intrinsic Value_10Y_min---29.405--------
Intrinsic Value_1Y_max--0.362--------
Intrinsic Value_1Y_min--0.358--------
Intrinsic Value_3Y_max---1.928--------
Intrinsic Value_3Y_min---1.779--------
Intrinsic Value_5Y_max---7.855--------
Intrinsic Value_5Y_min---7.031--------
Market Cap186263304765.440-89%352005324297.300359431596980.075-2%369271408247.438-5%363868694894.083-3%369405662299.486-5%
Net Profit Margin--0.3770.360+5%0.560-33%0.383-2%0.394-4%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%0.063-100%0.133-100%
Pb Ratio0.340+11%0.3030.318-5%0.346-12%0.383-21%0.412-26%
Pe Ratio3.947+11%3.5164.456-21%4.182-16%4.510-22%4.694-25%
Price Per Share5.320+11%4.7404.840-2%4.973-5%5.026-6%5.144-8%
Price To Free Cash Flow Ratio20.964+11%18.6784.772+291%-4.063+122%-0.317+102%-0.264+101%
Price To Total Gains Ratio5.370+11%4.785-59.478+1343%-7.312+253%-16.239+439%-12.505+361%
Quick Ratio---0.005-100%0.076-100%0.050-100%0.055-100%
Return On Assets--0.0020.002-3%0.003-48%0.002-21%0.002-20%
Return On Equity--0.0220.022-3%0.040-45%0.027-20%0.028-21%
Total Gains Per Share--0.9910.422+135%0.340+191%0.516+92%0.878+13%
Usd Book Value--148383160091.460144653622041.430+3%136567251705.690+9%124149550199.112+20%118596058967.588+25%
Usd Book Value Change Per Share--0.0560.034+63%0.020+178%0.037+50%0.083-33%
Usd Book Value Per Share--1.9981.948+3%1.839+9%1.704+17%1.640+22%
Usd Dividend Per Share--0.0710.020+257%0.024+202%0.029+146%0.029+145%
Usd Eps--0.0430.035+22%0.040+8%0.037+18%0.036+19%
Usd Free Cash Flow--602125022.5208200910999.475-93%5599700477.865-89%2603049810.264-77%2169208175.220-72%
Usd Free Cash Flow Per Share--0.0080.110-93%0.075-89%0.047-83%0.047-83%
Usd Free Cash Flow To Equity Per Share--0.008-0.034+515%0.145-94%0.116-93%0.116-93%
Usd Market Cap23804450349.023-89%44986280445.19545935358094.054-2%47192885974.023-5%46502419207.464-3%47210043641.874-5%
Usd Price Per Share0.680+11%0.6060.619-2%0.635-5%0.642-6%0.657-8%
Usd Profit--3198287872.2603230233412.040-1%5374871641.080-40%3354537517.803-5%3203226062.6630%
Usd Revenue--8487556530.1209011096907.705-6%9630819635.580-12%8687375189.982-2%8148123645.593+4%
Usd Total Gains Per Share--0.1270.054+135%0.043+191%0.066+92%0.112+13%
 EOD+2 -6MRQTTM+19 -14YOY+15 -185Y+16 -1810Y+17 -17

3.2. Fundamental Score

Let's check the fundamental score of Bank of Communications Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153.947
Price to Book Ratio (EOD)Between0-10.340
Net Profit Margin (MRQ)Greater than00.377
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.922
Debt to Equity Ratio (MRQ)Less than112.020
Return on Equity (MRQ)Greater than0.150.022
Return on Assets (MRQ)Greater than0.050.002
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Bank of Communications Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5063.968
Ma 20Greater thanMa 505.204
Ma 50Greater thanMa 1004.938
Ma 100Greater thanMa 2004.809
OpenGreater thanClose5.230
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets13,830,605,000
Total Liabilities12,757,638,000
Total Stockholder Equity1,061,390,000
 As reported
Total Liabilities 12,757,638,000
Total Stockholder Equity+ 1,061,390,000
Total Assets = 13,830,605,000

Assets

Total Assets13,830,605,000
Total Current Assets-
Long-term Assets-
Total Current Assets
Cash And Cash Equivalents 1,456,134,000
Total Current Assets  (as reported)0
Total Current Assets  (calculated)1,456,134,000
+/- 1,456,134,000
Long-term Assets
Property Plant Equipment 216,107,000
Long Term Investments 3,338,845,000
Intangible Assets 3,972,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)3,558,924,000
+/- 3,558,924,000

Liabilities & Shareholders' Equity

Total Current Liabilities-
Long-term Liabilities-
Total Stockholder Equity1,061,390,000
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 305,714,000
Total Stockholder Equity (as reported)1,061,390,000
Total Stockholder Equity (calculated)305,714,000
+/- 755,676,000
Other
Capital Stock119,215,000
Common Stock Shares Outstanding 74,262,727
Net Invested Capital 2,090,114,000
Property Plant and Equipment Gross 216,107,000



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-06-302017-12-312017-06-302016-12-31
> Total Assets 
8,403,166,000
8,930,838,000
9,038,254,000
9,322,707,000
9,531,171,000
9,785,747,000
9,886,608,000
9,932,879,000
9,905,600,000
10,454,383,000
10,669,932,000
10,795,571,000
10,697,616,000
11,173,220,000
11,413,960,000
11,472,623,000
11,665,757,000
12,323,654,000
12,580,576,000
12,693,203,000
12,991,571,000
13,654,273,000
13,813,360,000
13,830,605,000
13,830,605,00013,813,360,00013,654,273,00012,991,571,00012,693,203,00012,580,576,00012,323,654,00011,665,757,00011,472,623,00011,413,960,00011,173,220,00010,697,616,00010,795,571,00010,669,932,00010,454,383,0009,905,600,0009,932,879,0009,886,608,0009,785,747,0009,531,171,0009,322,707,0009,038,254,0008,930,838,0008,403,166,000
   > Total Current Assets 
1,737,219,000
2,102,169,000
2,098,825,000
2,474,883,000
2,586,298,000
0
2,364,679,000
2,600,381,000
2,562,325,000
2,001,676,000
1,870,811,000
2,037,907,000
1,810,691,000
2,100,494,000
2,221,417,000
2,021,111,000
1,993,800,000
2,261,303,000
2,391,122,000
2,267,585,000
0
0
2,560,472,000
0
02,560,472,000002,267,585,0002,391,122,0002,261,303,0001,993,800,0002,021,111,0002,221,417,0002,100,494,0001,810,691,0002,037,907,0001,870,811,0002,001,676,0002,562,325,0002,600,381,0002,364,679,00002,586,298,0002,474,883,0002,098,825,0002,102,169,0001,737,219,000
       Cash And Cash Equivalents 
316,396,000
299,907,000
241,679,000
251,049,000
243,492,000
670,789,000
1,549,242,000
730,682,000
1,393,118,000
639,153,000
624,000,000
631,760,000
1,347,135,000
1,387,569,000
1,389,745,000
1,349,107,000
9,430,485,000
10,043,717,000
1,410,833,000
1,426,846,000
1,439,890,000
1,524,981,000
1,520,047,000
1,456,134,000
1,456,134,0001,520,047,0001,524,981,0001,439,890,0001,426,846,0001,410,833,00010,043,717,0009,430,485,0001,349,107,0001,389,745,0001,387,569,0001,347,135,000631,760,000624,000,000639,153,0001,393,118,000730,682,0001,549,242,000670,789,000243,492,000251,049,000241,679,000299,907,000316,396,000
       Short-term Investments 
340,857,000
682,292,000
677,348,000
579,880,000
373,574,000
0
392,592,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000392,592,0000373,574,000579,880,000677,348,000682,292,000340,857,000
       Net Receivables 
12,921,000
62,436,000
14,110,000
69,583,000
768,995,000
0
161,508,000
0
38,627,000
685,649,000
59,324,000
701,096,000
16,735,000
745,532,000
609,722,000
628,788,000
632,708,000
788,618,000
764,566,000
687,951,000
0
0
243,443,000
0
0243,443,00000687,951,000764,566,000788,618,000632,708,000628,788,000609,722,000745,532,00016,735,000701,096,00059,324,000685,649,00038,627,0000161,508,0000768,995,00069,583,00014,110,00062,436,00012,921,000
       Inventory 
892,000
866,000
906,000
838,000
824,000
0
829,000
0
759,000
0
748,000
0
967,000
0
960,000
0
1,030,000
0
1,010,000
0
0
0
1,013,000
0
01,013,0000001,010,00001,030,0000960,0000967,0000748,0000759,0000829,0000824,000838,000906,000866,000892,000
       Other Current Assets 
849,709,000
836,865,000
903,745,000
831,465,000
720,853,000
0
766,143,000
545,439,000
670,656,000
510,919,000
702,114,000
478,323,000
713,774,000
509,280,000
712,267,000
561,468,000
763,047,000
569,908,000
721,183,000
563,707,000
0
0
774,231,000
0
0774,231,00000563,707,000721,183,000569,908,000763,047,000561,468,000712,267,000509,280,000713,774,000478,323,000702,114,000510,919,000670,656,000545,439,000766,143,0000720,853,000831,465,000903,745,000836,865,000849,709,000
   > Long-term Assets 000000000000000000000000
       Property Plant Equipment 
114,425,000
121,666,000
132,492,000
140,056,000
153,286,000
159,464,000
165,727,000
169,001,000
177,700,000
169,230,000
181,338,000
174,097,000
176,140,000
167,804,000
173,807,000
167,814,000
177,971,000
170,314,000
186,051,000
188,729,000
194,169,000
198,705,000
213,955,000
216,107,000
216,107,000213,955,000198,705,000194,169,000188,729,000186,051,000170,314,000177,971,000167,814,000173,807,000167,804,000176,140,000174,097,000181,338,000169,230,000177,700,000169,001,000165,727,000159,464,000153,286,000140,056,000132,492,000121,666,000114,425,000
       Goodwill 
471,000
457,000
453,000
437,000
437,000
0
433,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000433,0000437,000437,000453,000457,000471,000
       Long Term Investments 
2,135,938,000
2,257,526,000
2,304,603,000
1,969,018,000
2,004,158,000
3,008,140,000
473,364,000
455,398,000
432,035,000
565,132,000
552,419,000
544,724,000
2,561,010,000
2,614,382,000
2,667,208,000
2,748,730,000
3,568,248,000
3,642,267,000
3,756,153,000
3,794,608,000
3,234,569,000
3,269,396,000
3,317,391,000
3,338,845,000
3,338,845,0003,317,391,0003,269,396,0003,234,569,0003,794,608,0003,756,153,0003,642,267,0003,568,248,0002,748,730,0002,667,208,0002,614,382,0002,561,010,000544,724,000552,419,000565,132,000432,035,000455,398,000473,364,0003,008,140,0002,004,158,0001,969,018,0002,304,603,0002,257,526,0002,135,938,000
       Intangible Assets 
2,188,000
2,378,000
3,162,000
3,092,000
3,178,000
3,131,000
3,073,000
3,082,000
3,304,000
3,323,000
3,433,000
3,432,000
3,607,000
3,641,000
3,650,000
3,617,000
3,874,000
3,856,000
3,808,000
3,805,000
3,952,000
3,872,000
3,961,000
3,972,000
3,972,0003,961,0003,872,0003,952,0003,805,0003,808,0003,856,0003,874,0003,617,0003,650,0003,641,0003,607,0003,432,0003,433,0003,323,0003,304,0003,082,0003,073,0003,131,0003,178,0003,092,0003,162,0002,378,0002,188,000
       Earning Assets 
0
0
0
0
0
2,979,998,000
2,989,602,000
3,001,092,000
3,005,843,000
3,229,512,000
3,247,146,000
3,280,605,000
3,237,337,000
3,280,447,000
3,352,666,000
3,412,050,000
3,523,249,000
0
0
0
0
0
0
0
00000003,523,249,0003,412,050,0003,352,666,0003,280,447,0003,237,337,0003,280,605,0003,247,146,0003,229,512,0003,005,843,0003,001,092,0002,989,602,0002,979,998,00000000
> Total Liabilities 
7,770,759,000
8,282,430,000
8,361,983,000
8,652,646,000
8,825,863,000
9,067,032,000
9,170,118,000
9,157,542,000
9,112,353,000
9,644,081,000
9,867,389,000
9,970,460,000
9,818,988,000
10,271,124,000
10,478,045,000
10,515,763,000
10,701,110,000
11,326,932,000
11,591,640,000
11,693,406,000
11,969,547,000
12,608,353,000
12,770,277,000
12,757,638,000
12,757,638,00012,770,277,00012,608,353,00011,969,547,00011,693,406,00011,591,640,00011,326,932,00010,701,110,00010,515,763,00010,478,045,00010,271,124,0009,818,988,0009,970,460,0009,867,389,0009,644,081,0009,112,353,0009,157,542,0009,170,118,0009,067,032,0008,825,863,0008,652,646,0008,361,983,0008,282,430,0007,770,759,000
   > Total Current Liabilities 
7,128,474,000
7,506,914,000
7,994,024,000
7,319,331,000
7,488,470,000
0
7,754,617,000
8,633,926,000
7,743,530,000
6,961,885,000
8,414,394,000
7,427,680,000
9,177,554,000
7,701,696,000
9,772,048,000
7,841,189,000
10,075,192,000
8,538,558,000
10,903,466,000
8,929,430,000
0
0
11,873,171,000
0
011,873,171,000008,929,430,00010,903,466,0008,538,558,00010,075,192,0007,841,189,0009,772,048,0007,701,696,0009,177,554,0007,427,680,0008,414,394,0006,961,885,0007,743,530,0008,633,926,0007,754,617,00007,488,470,0007,319,331,0007,994,024,0007,506,914,0007,128,474,000
       Short-term Debt 
1,244,082,000
1,329,489,000
970,876,000
21,202,000
28,514,000
0
18,928,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000018,928,000028,514,00021,202,000970,876,0001,329,489,0001,244,082,000
       Short Long Term Debt 
1,244,082,000
1,329,489,000
970,876,000
21,202,000
28,514,000
0
18,928,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000018,928,000028,514,00021,202,000970,876,0001,329,489,0001,244,082,000
       Accounts payable 
6,316,661,000
6,704,610,000
6,739,471,000
7,052,747,000
7,182,860,000
0
7,497,331,000
8,584,388,000
7,433,435,000
6,904,369,000
8,029,409,000
7,380,380,000
8,086,377,000
7,657,140,000
7,732,570,000
7,809,502,000
8,946,251,000
8,497,299,000
8,704,788,000
8,833,804,000
0
0
9,534,684,000
0
09,534,684,000008,833,804,0008,704,788,0008,497,299,0008,946,251,0007,809,502,0007,732,570,0007,657,140,0008,086,377,0007,380,380,0008,029,409,0006,904,369,0007,433,435,0008,584,388,0007,497,331,00007,182,860,0007,052,747,0006,739,471,0006,704,610,0006,316,661,000
       Other Current Liabilities 
62,880,000
46,313,000
47,546,000
31,218,000
2,356,000
0
30,919,000
7,935,000
7,173,000
7,341,000
73,636,000
1,685,000
70,144,000
5,578,000
73,078,000
3,977,000
54,601,000
7,221,000
78,725,000
6,718,000
0
0
57,209,000
0
057,209,000006,718,00078,725,0007,221,00054,601,0003,977,00073,078,0005,578,00070,144,0001,685,00073,636,0007,341,0007,173,0007,935,00030,919,00002,356,00031,218,00047,546,00046,313,00062,880,000
   > Long-term Liabilities 000000000000000000000000
       Long term Debt Total 
0
0
0
0
317,688,000
332,909,000
337,972,000
335,430,000
403,918,000
424,833,000
459,405,000
518,409,000
497,755,000
499,020,000
541,597,000
576,347,000
503,525,000
522,156,000
518,676,000
537,269,000
530,861,000
554,761,000
586,390,000
0
0586,390,000554,761,000530,861,000537,269,000518,676,000522,156,000503,525,000576,347,000541,597,000499,020,000497,755,000518,409,000459,405,000424,833,000403,918,000335,430,000337,972,000332,909,000317,688,0000000
       Deferred Long Term Liability 
945,000
699,000
791,000
486,000
692,000
0
522,000
0
714,000
0
653,000
0
599,000
0
503,000
0
721,000
0
680,000
0
0
0
1,080,000
0
01,080,000000680,0000721,0000503,0000599,0000653,0000714,0000522,0000692,000486,000791,000699,000945,000
> Total Stockholder Equity
569,266,000
583,374,000
611,267,000
603,777,000
638,529,000
718,715,000
716,490,000
775,337,000
793,247,000
810,302,000
802,543,000
825,111,000
866,607,000
889,704,000
923,608,000
944,346,000
964,647,000
984,172,000
976,543,000
999,797,000
1,022,024,000
1,045,920,000
1,043,083,000
1,061,390,000
1,061,390,0001,043,083,0001,045,920,0001,022,024,000999,797,000976,543,000984,172,000964,647,000944,346,000923,608,000889,704,000866,607,000825,111,000802,543,000810,302,000793,247,000775,337,000716,490,000718,715,000638,529,000603,777,000611,267,000583,374,000569,266,000
   Common Stock
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
74,263,000
0
074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,00074,263,000
   Retained Earnings 
378,844,000
394,964,000
426,212,000
414,895,000
447,754,000
470,913,000
468,688,000
487,541,000
499,458,000
195,778,000
509,854,000
190,085,000
549,972,000
236,198,000
566,696,000
236,486,000
608,343,000
280,829,000
622,495,000
271,622,000
666,545,000
685,438,000
680,655,000
305,714,000
305,714,000680,655,000685,438,000666,545,000271,622,000622,495,000280,829,000608,343,000236,486,000566,696,000236,198,000549,972,000190,085,000509,854,000195,778,000499,458,000487,541,000468,688,000470,913,000447,754,000414,895,000426,212,000394,964,000378,844,000
   Capital Surplus 
0
0
0
0
113,663,000
113,663,000
113,663,000
113,663,000
113,663,000
113,663,000
113,663,000
111,462,000
111,428,000
111,428,000
111,428,000
111,428,000
111,428,000
111,428,000
111,428,000
111,429,000
111,429,000
111,429,000
111,428,000
0
0111,428,000111,429,000111,429,000111,429,000111,428,000111,428,000111,428,000111,428,000111,428,000111,428,000111,428,000111,462,000113,663,000113,663,000113,663,000113,663,000113,663,000113,663,000113,663,0000000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
3,390,000
464,000
-2,871,000
956,000
2,849,000
0
3,751,000
326,877,000
45,987,000
366,722,000
44,887,000
404,349,000
85,992,000
422,863,000
126,269,000
477,217,000
125,661,000
472,700,000
123,405,000
497,531,000
129,838,000
129,838,000
132,443,000
0
0132,443,000129,838,000129,838,000497,531,000123,405,000472,700,000125,661,000477,217,000126,269,000422,863,00085,992,000404,349,00044,887,000366,722,00045,987,000326,877,0003,751,00002,849,000956,000-2,871,000464,0003,390,000



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 (+$)
totalRevenue275,080,000
Cost of Revenue--
Gross Profit-275,080,000
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative79,135,000
Selling And Marketing Expenses-
Operating Expense-79,135,000
 
Net Interest Income (+$)
Interest Income454,139,000
Interest Expense-288,063,000
Other Finance Cost-0
Net Interest Income166,076,000
 
Pretax Income (+$)
Operating Income-
Net Interest Income166,076,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)100,838,0000
EBIT - interestExpense = -288,063,000
93,425,000
381,488,000
Interest Expense288,063,000
Earnings Before Interest and Taxes (EBIT)-388,901,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax100,838,000
Tax Provision-7,159,000
Net Income From Continuing Ops93,679,00093,679,000
Net Income93,425,000
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--166,076,000
 

Technical Analysis of Bank of Communications Co Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Bank of Communications Co Ltd. The general trend of Bank of Communications Co Ltd 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 Bank of Communications Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (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 Bank of Communications Co Ltd.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 5.32.

The bearish price targets are: 5.3 > 5.06 > 4.99.

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Bank of Communications Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Bank of Communications Co Ltd. 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

Bank of Communications Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Bank of Communications Co Ltd. The current macd is 0.0750951.

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

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

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Bank of Communications Co Ltd. The current adx is 19.30.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-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 Bank of Communications Co Ltd shares, leading to potential upward 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 bullish trend could be forming. +1
Bank of Communications Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Bank of Communications Co Ltd. The current sar is 5.088712.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Bank of Communications Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Bank of Communications Co Ltd. The current rsi is 63.97. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Bank of Communications Co Ltd Daily Relative Strength Index (RSI) ChartBank of Communications Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Bank of Communications Co Ltd. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Bank of Communications Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Bank of Communications Co Ltd Daily Stochastic Oscillator ChartBank of Communications Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Bank of Communications Co Ltd. The current cci is 161.27.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Bank of Communications Co Ltd Daily Commodity Channel Index (CCI) ChartBank of Communications Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Bank of Communications Co Ltd. The current cmo is 29.73.

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
Bank of Communications Co Ltd Daily Chande Momentum Oscillator (CMO) ChartBank of Communications Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Bank of Communications Co Ltd. The current willr is -14.28571429.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Bank of Communications Co Ltd Daily Williams %R ChartBank of Communications Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Bank of Communications Co Ltd.

Bank of Communications Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Bank of Communications Co Ltd. The current atr is 0.11127386.

Bank of Communications Co Ltd Daily Average True Range (ATR) ChartBank of Communications Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Bank of Communications Co Ltd. The current obv is 134,247,623.

Bank of Communications Co Ltd Daily On-Balance Volume (OBV) ChartBank of Communications Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Bank of Communications Co Ltd. The current mfi is 55.95.

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
Bank of Communications Co Ltd Daily Money Flow Index (MFI) ChartBank of Communications Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Bank of Communications Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15DMI 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).
2023-11-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20DMI 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
2023-11-21MACD 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
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-05DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11STOCH 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
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-14DMI 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
2023-12-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-21STOCH 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
2023-12-27BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10MACD 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
2024-01-12DMI 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
2024-01-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31DMI 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
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-06DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-16DMI 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
2024-02-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-20DMI 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
2024-03-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH 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.

6.3. Candlestick Patterns

Bank of Communications Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Bank of Communications Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5063.968
Ma 20Greater thanMa 505.204
Ma 50Greater thanMa 1004.938
Ma 100Greater thanMa 2004.809
OpenGreater thanClose5.230
Total4/5 (80.0%)
Penke

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