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Yongsheng Advanced Materials
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Let's analyse Yongsheng Advanced Materials together

PenkeI guess you are interested in Yongsheng Advanced Materials. 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 Yongsheng Advanced Materials. 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 Yongsheng Advanced Materials (30 sec.)










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

How much money do you get?

How much money do you get?
HK$0.00
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
HK$1.56
Expected worth in 1 year
HK$1.45
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
HK$-0.11
Return On Investment
-11.2%

For what price can you sell your share?

Current Price per Share
HK$0.99
Expected price per share
HK$0.99 - HK$0.99
How sure are you?
50%

1. Valuation of Yongsheng Advanced Materials (5 min.)




Live pricePrice per Share (EOD)

HK$0.99

Intrinsic Value Per Share

HK$-1.77 - HK$1.02

Total Value Per Share

HK$-0.21 - HK$2.58

2. Growth of Yongsheng Advanced Materials (5 min.)




Is Yongsheng Advanced Materials growing?

Current yearPrevious yearGrowGrow %
How rich?$140.8m$148.2m-$7.4m-5.3%

How much money is Yongsheng Advanced Materials making?

Current yearPrevious yearGrowGrow %
Making money-$7m-$31.3m$24.2m344.6%
Net Profit Margin-25.5%-90.7%--

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

3. Financial Health of Yongsheng Advanced Materials (5 min.)




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




  Industry Rankings (Textile Manufacturing)  


Richest
#98 / 299

Most Revenue
#174 / 299

Most Profit
#264 / 299

Most Efficient
#267 / 299

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

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

What can you expect buying and holding a share of Yongsheng Advanced Materials?

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

Speculation

The Price per Share of Yongsheng Advanced Materials is HK$0.99. 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 Yongsheng Advanced Materials.
  • 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 Yongsheng Advanced Materials, 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$1.56. Based on the TTM, the Book Value Change Per Share is HK$-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is HK$-0.37 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 HK$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Yongsheng Advanced Materials.

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 Eps-0.01-1.0%-0.01-1.0%-0.04-4.3%0.00-0.1%0.010.5%
Usd Book Value Change Per Share0.00-0.4%0.00-0.4%-0.05-4.8%0.022.0%0.021.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.3%0.000.4%0.000.4%
Usd Total Gains Per Share0.00-0.4%0.00-0.4%-0.04-4.5%0.022.3%0.022.0%
Usd Price Per Share0.10-0.10-0.16-0.24-0.22-
Price to Earnings Ratio-10.52--10.52--3.76-9.56-14.00-
Price-to-Total Gains Ratio-29.68--29.68--3.64-6.61-9.61-
Price to Book Ratio0.53-0.53-0.80-1.45-2.01-
Price-to-Total Gains Ratio-29.68--29.68--3.64-6.61-9.61-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.126522
Number of shares7903
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.02
Usd Total Gains Per Share0.000.02
Gains per Quarter (7903 shares)-27.91181.45
Gains per Year (7903 shares)-111.62725.78
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-112-122113613716
20-223-23422612261442
30-335-34633918392168
40-446-45845224522894
50-558-57056530643620
60-670-68267736774346
70-781-79479042905072
80-893-90690349035798
90-1005-1018101655166524
100-1116-1130112961297250

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 Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%8.02.00.080.0%9.02.02.069.2%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%8.02.00.080.0%10.03.00.076.9%
Dividend per Share0.00.01.00.0%2.00.01.066.7%4.00.01.080.0%9.00.01.090.0%10.00.03.076.9%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%8.02.00.080.0%11.02.00.084.6%

Fundamentals of Yongsheng Advanced Materials

About Yongsheng Advanced Materials

Yongsheng Advanced Materials Company Limited, an investment holding company, operates in the textile industry in the People's Republic of China, Hong Kong, and internationally. It operates through four segments: Processing; Properties Investment; RMAA (Renovation, Maintenance, Alternation and Additional) Services; and Environmental Water Project Operation. The Processing segment involved in the dyeing and processing of differentiated polyester filament fabrics. The Properties Investment segment invests in, develops, and sells properties. The RMAA Services segment undertakes building construction, maintenance, and improvement, as well as renovation and decoration activities. The Environmental Water Project Operation segment provides consultancy services; and sells machineries related to environmental protection, including operation and maintenance services. It is involved in the exploitation, operation, and management of hydro projects; and investment, development, construction, operation, and management of renewable energy, water treatment, and environmental protection projects. The company was founded in 1997 and is based in Kwun Tong, Hong Kong. Yongsheng Advanced Materials Company Limited is a subsidiary of Ever Thrive Global Limited.

Fundamental data was last updated by Penke on 2024-03-26 06:17:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just 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 cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Yongsheng Advanced Materials.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Yongsheng Advanced Materials earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Yongsheng Advanced Materials to the Textile Manufacturing industry mean.
  • A Net Profit Margin of -25.5% means that $-0.26 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Yongsheng Advanced Materials:

  • The MRQ is -25.5%. The company is making a huge loss. -2
  • The TTM is -25.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-25.5%TTM-25.5%0.0%
TTM-25.5%YOY-90.7%+65.1%
TTM-25.5%5Y-9.4%-16.1%
5Y-9.4%10Y-0.2%-9.2%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ-25.5%2.2%-27.7%
TTM-25.5%1.8%-27.3%
YOY-90.7%3.7%-94.4%
5Y-9.4%2.1%-11.5%
10Y-0.2%2.5%-2.7%
1.1.2. Return on Assets

Shows how efficient Yongsheng Advanced Materials is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Yongsheng Advanced Materials to the Textile Manufacturing industry mean.
  • -3.8% Return on Assets means that Yongsheng Advanced Materials generated $-0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Yongsheng Advanced Materials:

  • The MRQ is -3.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -3.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.8%TTM-3.8%0.0%
TTM-3.8%YOY-15.8%+12.0%
TTM-3.8%5Y0.3%-4.1%
5Y0.3%10Y4.9%-4.6%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.8%0.6%-4.4%
TTM-3.8%0.5%-4.3%
YOY-15.8%1.1%-16.9%
5Y0.3%0.9%-0.6%
10Y4.9%0.9%+4.0%
1.1.3. Return on Equity

Shows how efficient Yongsheng Advanced Materials is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Yongsheng Advanced Materials to the Textile Manufacturing industry mean.
  • -5.0% Return on Equity means Yongsheng Advanced Materials generated $-0.05 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Yongsheng Advanced Materials:

  • The MRQ is -5.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -5.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.0%TTM-5.0%0.0%
TTM-5.0%YOY-21.1%+16.1%
TTM-5.0%5Y0.3%-5.3%
5Y0.3%10Y7.9%-7.7%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.0%1.2%-6.2%
TTM-5.0%1.2%-6.2%
YOY-21.1%2.5%-23.6%
5Y0.3%1.8%-1.5%
10Y7.9%1.8%+6.1%

1.2. Operating Efficiency of Yongsheng Advanced Materials.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Yongsheng Advanced Materials is operating .

  • Measures how much profit Yongsheng Advanced Materials 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 Yongsheng Advanced Materials to the Textile Manufacturing 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 Yongsheng Advanced Materials:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-87.6%+87.6%
TTM-5Y-7.2%+7.2%
5Y-7.2%10Y2.3%-9.5%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.3%-4.3%
TTM-2.0%-2.0%
YOY-87.6%5.1%-92.7%
5Y-7.2%4.2%-11.4%
10Y2.3%3.9%-1.6%
1.2.2. Operating Ratio

Measures how efficient Yongsheng Advanced Materials is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • An Operation Ratio of 1.55 means that the operating costs are $1.55 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Yongsheng Advanced Materials:

  • The MRQ is 1.551. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.551. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.551TTM1.5510.000
TTM1.551YOY1.682-0.130
TTM1.5515Y1.280+0.272
5Y1.28010Y1.080+0.199
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5511.660-0.109
TTM1.5511.676-0.125
YOY1.6821.628+0.054
5Y1.2801.623-0.343
10Y1.0801.380-0.300

1.3. Liquidity of Yongsheng Advanced Materials.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Yongsheng Advanced Materials is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A Current Ratio of 2.25 means the company has $2.25 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Yongsheng Advanced Materials:

  • The MRQ is 2.254. The company is able to pay all its short-term debts. +1
  • The TTM is 2.254. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.254TTM2.2540.000
TTM2.254YOY3.210-0.956
TTM2.2545Y3.547-1.293
5Y3.54710Y3.023+0.524
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2541.491+0.763
TTM2.2541.469+0.785
YOY3.2101.494+1.716
5Y3.5471.521+2.026
10Y3.0231.315+1.708
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Yongsheng Advanced Materials to the Textile Manufacturing industry mean.
  • A Quick Ratio of 1.17 means the company can pay off $1.17 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Yongsheng Advanced Materials:

  • The MRQ is 1.166. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.166. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.166TTM1.1660.000
TTM1.166YOY1.021+0.145
TTM1.1665Y2.635-1.469
5Y2.63510Y2.232+0.403
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1660.551+0.615
TTM1.1660.577+0.589
YOY1.0210.634+0.387
5Y2.6350.620+2.015
10Y2.2320.576+1.656

1.4. Solvency of Yongsheng Advanced Materials.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Yongsheng Advanced Materials assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Yongsheng Advanced Materials to Textile Manufacturing industry mean.
  • A Debt to Asset Ratio of 0.24 means that Yongsheng Advanced Materials assets are financed with 24.0% credit (debt) and the remaining percentage (100% - 24.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Yongsheng Advanced Materials:

  • The MRQ is 0.240. 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+/- 
MRQ0.240TTM0.2400.000
TTM0.240YOY0.254-0.013
TTM0.2405Y0.216+0.025
5Y0.21610Y0.275-0.060
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2400.489-0.249
TTM0.2400.487-0.247
YOY0.2540.485-0.231
5Y0.2160.502-0.286
10Y0.2750.519-0.244
1.4.2. Debt to Equity Ratio

Measures if Yongsheng Advanced Materials is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Yongsheng Advanced Materials to the Textile Manufacturing industry mean.
  • A Debt to Equity ratio of 31.6% means that company has $0.32 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Yongsheng Advanced Materials:

  • The MRQ is 0.316. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.316. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.316TTM0.3160.000
TTM0.316YOY0.340-0.023
TTM0.3165Y0.284+0.032
5Y0.28410Y0.451-0.167
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3160.870-0.554
TTM0.3160.903-0.587
YOY0.3400.905-0.565
5Y0.2840.997-0.713
10Y0.4511.163-0.712

2. Market Valuation of Yongsheng Advanced Materials

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 Yongsheng Advanced Materials generates.

  • Above 15 is considered overpriced but always compare Yongsheng Advanced Materials to the Textile Manufacturing industry mean.
  • A PE ratio of -10.52 means the investor is paying $-10.52 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Yongsheng Advanced Materials:

  • The EOD is -12.703. Based on the earnings, the company is expensive. -2
  • The MRQ is -10.522. Based on the earnings, the company is expensive. -2
  • The TTM is -10.522. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-12.703MRQ-10.522-2.181
MRQ-10.522TTM-10.5220.000
TTM-10.522YOY-3.763-6.759
TTM-10.5225Y9.559-20.081
5Y9.55910Y14.000-4.441
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD-12.7037.682-20.385
MRQ-10.5227.177-17.699
TTM-10.5227.076-17.598
YOY-3.7637.958-11.721
5Y9.55910.526-0.967
10Y14.00014.684-0.684
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Yongsheng Advanced Materials:

  • The EOD is 26.583. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 22.018. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 22.018. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD26.583MRQ22.018+4.565
MRQ22.018TTM22.0180.000
TTM22.018YOY29.432-7.414
TTM22.0185Y-167.779+189.797
5Y-167.77910Y-102.195-65.584
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD26.5832.941+23.642
MRQ22.0182.200+19.818
TTM22.0181.322+20.696
YOY29.4321.143+28.289
5Y-167.7790.616-168.395
10Y-102.1951.196-103.391
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A PB ratio of 0.53 means the investor is paying $0.53 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Yongsheng Advanced Materials:

  • The EOD is 0.636. Based on the equity, the company is cheap. +2
  • The MRQ is 0.527. Based on the equity, the company is cheap. +2
  • The TTM is 0.527. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.636MRQ0.527+0.109
MRQ0.527TTM0.5270.000
TTM0.527YOY0.795-0.269
TTM0.5275Y1.449-0.922
5Y1.44910Y2.015-0.566
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD0.6361.078-0.442
MRQ0.5271.067-0.540
TTM0.5271.017-0.490
YOY0.7951.121-0.326
5Y1.4491.035+0.414
10Y2.0151.265+0.750
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Yongsheng Advanced Materials 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---0.028-0.0280%-0.371+1243%0.152-118%0.129-121%
Book Value Per Share--1.5561.5560%1.584-2%1.572-1%1.092+42%
Current Ratio--2.2542.2540%3.210-30%3.547-36%3.023-25%
Debt To Asset Ratio--0.2400.2400%0.254-5%0.216+12%0.275-13%
Debt To Equity Ratio--0.3160.3160%0.340-7%0.284+11%0.451-30%
Dividend Per Share----0%0.025-100%0.028-100%0.028-100%
Eps---0.078-0.0780%-0.335+330%-0.009-88%0.040-296%
Free Cash Flow Per Share--0.0370.0370%0.043-13%0.062-40%0.057-35%
Free Cash Flow To Equity Per Share---0.031-0.0310%0.107-129%0.077-140%0.009-452%
Gross Profit Margin--1.0001.0000%1.0000%0.963+4%0.865+16%
Intrinsic Value_10Y_max--1.021--------
Intrinsic Value_10Y_min---1.767--------
Intrinsic Value_1Y_max--0.071--------
Intrinsic Value_1Y_min---0.025--------
Intrinsic Value_3Y_max--0.237--------
Intrinsic Value_3Y_min---0.208--------
Intrinsic Value_5Y_max--0.432--------
Intrinsic Value_5Y_min---0.534--------
Market Cap700927920.000+17%580566633.800580566633.8000%923004293.400-37%1349663696.580-57%1228494104.290-53%
Net Profit Margin---0.255-0.2550%-0.907+255%-0.094-63%-0.002-99%
Operating Margin----0%-0.8760%-0.0720%0.023-100%
Operating Ratio--1.5511.5510%1.682-8%1.280+21%1.080+44%
Pb Ratio0.636+17%0.5270.5270%0.795-34%1.449-64%2.015-74%
Pe Ratio-12.703-21%-10.522-10.5220%-3.763-64%9.559-210%14.000-175%
Price Per Share0.990+17%0.8200.8200%1.260-35%1.862-56%1.713-52%
Price To Free Cash Flow Ratio26.583+17%22.01822.0180%29.432-25%-167.779+862%-102.195+564%
Price To Total Gains Ratio-35.831-21%-29.679-29.6790%-3.639-88%6.605-549%9.612-409%
Quick Ratio--1.1661.1660%1.021+14%2.635-56%2.232-48%
Return On Assets---0.038-0.0380%-0.158+315%0.003-1430%0.049-177%
Return On Equity---0.050-0.0500%-0.211+322%0.003-1909%0.079-163%
Total Gains Per Share---0.028-0.0280%-0.346+1153%0.180-115%0.157-118%
Usd Book Value--140821158.600140821158.6000%148287745.800-5%146443055.040-4%100948261.500+39%
Usd Book Value Change Per Share---0.004-0.0040%-0.047+1243%0.019-118%0.016-121%
Usd Book Value Per Share--0.1990.1990%0.202-2%0.201-1%0.140+42%
Usd Dividend Per Share----0%0.003-100%0.004-100%0.004-100%
Usd Eps---0.010-0.0100%-0.043+330%-0.001-88%0.005-296%
Usd Free Cash Flow--3369830.4003369830.4000%4007935.800-16%5854006.800-42%5307393.420-37%
Usd Free Cash Flow Per Share--0.0050.0050%0.005-13%0.008-40%0.007-35%
Usd Free Cash Flow To Equity Per Share---0.004-0.0040%0.014-129%0.010-140%0.001-452%
Usd Market Cap89578588.176+17%74196415.80074196415.8000%117959948.697-37%172487020.423-57%157001546.528-53%
Usd Price Per Share0.127+17%0.1050.1050%0.161-35%0.238-56%0.219-52%
Usd Profit---7051748.400-7051748.4000%-31350234.600+345%-847416.240-88%3607397.820-295%
Usd Revenue--27606589.20027606589.2000%34570283.400-20%46906996.320-41%85641719.400-68%
Usd Total Gains Per Share---0.004-0.0040%-0.044+1153%0.023-115%0.020-118%
 EOD+4 -4MRQTTM+0 -0YOY+18 -165Y+4 -3110Y+9 -27

3.2. Fundamental Score

Let's check the fundamental score of Yongsheng Advanced Materials based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-12.703
Price to Book Ratio (EOD)Between0-10.636
Net Profit Margin (MRQ)Greater than0-0.255
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.166
Current Ratio (MRQ)Greater than12.254
Debt to Asset Ratio (MRQ)Less than10.240
Debt to Equity Ratio (MRQ)Less than10.316
Return on Equity (MRQ)Greater than0.15-0.050
Return on Assets (MRQ)Greater than0.05-0.038
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Yongsheng Advanced Materials based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5084.143
Ma 20Greater thanMa 500.990
Ma 50Greater thanMa 1000.983
Ma 100Greater thanMa 2000.978
OpenGreater thanClose0.990
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Net Interest Income  3,405-2423,1635,8178,980-1,4177,563-8,605-1,042



Latest Balance Sheet

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

Summary
Total Assets1,450,460
Total Liabilities348,573
Total Stockholder Equity1,101,887
 As reported
Total Liabilities 348,573
Total Stockholder Equity+ 1,101,887
Total Assets = 1,450,460

Assets

Total Assets1,450,460
Total Current Assets405,838
Long-term Assets1,044,622
Total Current Assets
Cash And Cash Equivalents 143,834
Short-term Investments 25,545
Net Receivables 15,032
Inventory 6,238
Other Current Assets 8,996
Total Current Assets  (as reported)405,838
Total Current Assets  (calculated)199,645
+/- 206,193
Long-term Assets
Property Plant Equipment 218,116
Intangible Assets 1,693
Other Assets 4,525
Long-term Assets  (as reported)1,044,622
Long-term Assets  (calculated)224,334
+/- 820,288

Liabilities & Shareholders' Equity

Total Current Liabilities180,056
Long-term Liabilities165,862
Total Stockholder Equity1,101,887
Total Current Liabilities
Short-term Debt 46,052
Short Long Term Debt 75,752
Accounts payable 79,811
Total Current Liabilities  (as reported)180,056
Total Current Liabilities  (calculated)201,615
+/- 21,559
Long-term Liabilities
Long term Debt Total 140,528
Capital Lease Obligations 544
Long-term Liabilities  (as reported)165,862
Long-term Liabilities  (calculated)141,072
+/- 24,790
Total Stockholder Equity
Common Stock5,854
Retained Earnings 306,172
Capital Surplus 797,630
Other Stockholders Equity -7,769
Total Stockholder Equity (as reported)1,101,887
Total Stockholder Equity (calculated)1,101,887
+/-0
Other
Capital Stock5,854
Cash And Equivalents143,834
Cash and Short Term Investments 169,379
Common Stock Shares Outstanding 708,008
Liabilities and Stockholders Equity 1,450,460
Net Debt 72,282
Net Invested Capital 1,318,003
Net Working Capital 225,782
Property Plant and Equipment Gross 301,809



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-31
> Total Assets 
1,163,587
1,270,445
1,081,279
723,451
548,647
546,670
672,832
800,950
801,126
1,661,361
1,781,998
1,554,586
1,450,460
1,450,4601,554,5861,781,9981,661,361801,126800,950672,832546,670548,647723,4511,081,2791,270,4451,163,587
   > Total Current Assets 
0
0
891,166
545,028
368,784
363,716
484,533
534,436
532,173
740,712
764,628
653,861
405,838
405,838653,861764,628740,712532,173534,436484,533363,716368,784545,028891,16600
       Cash And Cash Equivalents 
29,424
46,130
75,700
166,559
128,695
139,487
67,362
152,837
144,573
148,679
89,718
86,551
143,834
143,83486,55189,718148,679144,573152,83767,362139,487128,695166,55975,70046,13029,424
       Short-term Investments 
237,232
354,113
191,713
757
16,007
30,448
173,852
60,600
68,134
100,696
199,056
48,641
25,545
25,54548,641199,056100,69668,13460,600173,85230,44816,007757191,713354,113237,232
       Net Receivables 
335,161
366,162
313,220
128,609
129,436
14,908
180,605
207,320
191,164
285,914
244,410
24,225
15,032
15,03224,225244,410285,914191,164207,320180,60514,908129,436128,609313,220366,162335,161
       Other Current Assets 
100,221
56,913
27,187
17,554
6,817
5,667
10,360
16,385
34,377
50
1,515
226,302
8,996
8,996226,3021,5155034,37716,38510,3605,6676,81717,55427,18756,913100,221
   > Long-term Assets 
0
0
0
0
0
0
188,299
266,514
268,953
920,649
1,017,370
900,725
1,044,622
1,044,622900,7251,017,370920,649268,953266,514188,299000000
       Property Plant Equipment 
143,210
141,331
138,851
131,063
134,285
145,614
151,654
205,339
234,055
82,485
83,943
117,323
218,116
218,116117,32383,94382,485234,055205,339151,654145,614134,285131,063138,851141,331143,210
       Goodwill 
0
0
0
0
0
0
0
0
0
105,923
99,514
0
0
0099,514105,923000000000
       Intangible Assets 
39,557
42,214
40,468
38,787
37,162
6,395
5,962
5,507
31,493
66,261
57,061
2,169
1,693
1,6932,16957,06166,26131,4935,5075,9626,39537,16238,78740,46842,21439,557
       Long-term Assets Other 
0
0
0
0
0
0
188,299
266,514
268,953
920,649
330
81,217
495
49581,217330920,649268,953266,514188,299000000
> Total Liabilities 
1,035,546
1,070,555
889,947
406,310
178,409
126,578
175,619
236,093
201,212
224,321
351,766
394,275
348,573
348,573394,275351,766224,321201,212236,093175,619126,578178,409406,310889,9471,070,5551,035,546
   > Total Current Liabilities 
1,016,544
1,060,990
829,977
368,178
166,084
110,970
158,387
217,143
179,716
132,772
204,997
203,681
180,056
180,056203,681204,997132,772179,716217,143158,387110,970166,084368,178829,9771,060,9901,016,544
       Short-term Debt 
0
0
191,713
757
2,000
30,448
173,852
60,600
68,134
100,696
40,259
69,194
46,052
46,05269,19440,259100,69668,13460,600173,85230,4482,000757191,71300
       Short Long Term Debt 
0
0
0
221,571
2,000
0
0
15,000
37,700
25,263
40,259
69,456
75,752
75,75269,45640,25925,26337,70015,000002,000221,571000
       Accounts payable 
420,512
295,021
266,003
124,342
111,525
67,092
95,142
140,404
78,556
53,861
123,913
99,954
79,811
79,81199,954123,91353,86178,556140,40495,14267,092111,525124,342266,003295,021420,512
       Other Current Liabilities 
152,696
170,367
180,915
47,265
52,559
15,673
34,891
34,100
37,887
32,562
22,209
18,516
0
018,51622,20932,56237,88734,10034,89115,67352,55947,265180,915170,367152,696
   > Long-term Liabilities 
0
0
0
0
0
0
17,232
18,950
21,496
91,549
146,769
185,822
165,862
165,862185,822146,76991,54921,49618,95017,232000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
70,355
128,311
167,191
140,528
140,528167,191128,31170,355000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
13,735
12,510
11,285
7,290
0
0
0
0007,29011,28512,51013,735000000
> Total Stockholder Equity
97,842
163,886
175,199
292,507
339,942
381,470
448,068
518,806
556,198
1,437,040
1,428,284
1,160,311
1,101,887
1,101,8871,160,3111,428,2841,437,040556,198518,806448,068381,470339,942292,507175,199163,88697,842
   Common Stock
0
0
16
3,165
3,165
3,165
3,165
3,173
3,121
6,217
6,054
6,063
5,854
5,8546,0636,0546,2173,1213,1733,1653,1653,1653,1651600
   Retained Earnings 
65,292
119,498
49,601
87,510
131,919
-13,171
245,370
324,130
388,794
570,860
595,560
398,238
306,172
306,172398,238595,560570,860388,794324,130245,370-13,171131,91987,51049,601119,49865,292
   Capital Surplus 
0
0
0
0
0
216,330
195,859
173,359
130,657
886,872
826,670
810,013
797,630
797,630810,013826,670886,872130,657173,359195,859216,33000000
   Treasury Stock0000000000000
   Other Stockholders Equity 
0
0
0
-46,985
-47,447
-47,156
-35,026
-33,940
-34,545
-26,909
595,560
-54,003
-7,769
-7,769-54,003595,560-26,909-34,545-33,940-35,026-47,156-47,447-46,985000



Balance Sheet

Currency in HKD. All numbers in thousands.




Cash Flow

Currency in HKD. All numbers in thousands.




Income Statement

Currency in HKD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue216,014
Cost of Revenue-147,603
Gross Profit68,41168,411
 
Operating Income (+$)
Gross Profit68,411
Operating Expense-187,502
Operating Income-47,252-119,091
 
Operating Expense (+$)
Research Development-
Selling General Administrative41,199
Selling And Marketing Expenses-
Operating Expense187,50241,199
 
Net Interest Income (+$)
Interest Income14,916
Interest Expense-76,075
Other Finance Cost-60,117
Net Interest Income-1,042
 
Pretax Income (+$)
Operating Income-47,252
Net Interest Income-1,042
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-62,242-47,252
EBIT - interestExpense = -76,075
-55,178
20,897
Interest Expense76,075
Earnings Before Interest and Taxes (EBIT)-13,833
Earnings Before Interest and Taxes (EBITDA)-37,606
 
After tax Income (+$)
Income Before Tax-62,242
Tax Provision-9,884
Net Income From Continuing Ops-72,126-72,126
Net Income-55,178
Net Income Applicable To Common Shares-55,178
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items14,164
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-1,042
 

Technical Analysis of Yongsheng Advanced Materials
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 Yongsheng Advanced Materials. The general trend of Yongsheng Advanced Materials is BULLISH with 71.4% 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 Yongsheng Advanced Materials'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 (71.4%) Bearish trend (-71.4%)
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 Yongsheng Advanced Materials.

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: 0.99 < 0.99 < 0.99.

The bearish price targets are: 0.99 > 0.99 > 0.99.

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Yongsheng Advanced Materials 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 Yongsheng Advanced Materials. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

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

Yongsheng Advanced Materials 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 Yongsheng Advanced Materials. The current macd is 0.00159179.

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 Yongsheng Advanced Materials price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Yongsheng Advanced Materials. 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 Yongsheng Advanced Materials 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
Yongsheng Advanced Materials Daily Moving Average Convergence/Divergence (MACD) ChartYongsheng Advanced Materials 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 Yongsheng Advanced Materials. The current adx is 61.37.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Yongsheng Advanced Materials shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Yongsheng Advanced Materials 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 Yongsheng Advanced Materials. The current sar is 0.97931603.

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
Yongsheng Advanced Materials 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 Yongsheng Advanced Materials. The current rsi is 84.14. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -1/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
Yongsheng Advanced Materials Daily Relative Strength Index (RSI) ChartYongsheng Advanced Materials 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 Yongsheng Advanced Materials. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Yongsheng Advanced Materials price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Yongsheng Advanced Materials Daily Stochastic Oscillator ChartYongsheng Advanced Materials 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 Yongsheng Advanced Materials. The current cci is 0.

Yongsheng Advanced Materials Daily Commodity Channel Index (CCI) ChartYongsheng Advanced Materials 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 Yongsheng Advanced Materials. The current cmo is 94.15.

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
Yongsheng Advanced Materials Daily Chande Momentum Oscillator (CMO) ChartYongsheng Advanced Materials 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 Yongsheng Advanced Materials. The current willr is 0.

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
Yongsheng Advanced Materials Daily Williams %R ChartYongsheng Advanced Materials 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 Yongsheng Advanced Materials.

Yongsheng Advanced Materials 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 Yongsheng Advanced Materials. The current atr is 0.00021303.

Yongsheng Advanced Materials Daily Average True Range (ATR) ChartYongsheng Advanced Materials 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 Yongsheng Advanced Materials. The current obv is -17,647,502.

Yongsheng Advanced Materials Daily On-Balance Volume (OBV) ChartYongsheng Advanced Materials 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 Yongsheng Advanced Materials. The current mfi is 0.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Yongsheng Advanced Materials Daily Money Flow Index (MFI) ChartYongsheng Advanced Materials Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Yongsheng Advanced Materials.

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

6.3. Candlestick Patterns

Yongsheng Advanced Materials Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Yongsheng Advanced Materials based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5084.143
Ma 20Greater thanMa 500.990
Ma 50Greater thanMa 1000.983
Ma 100Greater thanMa 2000.978
OpenGreater thanClose0.990
Total4/5 (80.0%)
Penke

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