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Song Ho Industrial Co Ltd
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Let's analyse Song Ho Industrial Co Ltd together

PenkeI guess you are interested in Song Ho Industrial 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 Song Ho Industrial 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 Song Ho Industrial Co Ltd (30 sec.)










What can you expect buying and holding a share of Song Ho Industrial Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
NT$0.00
When do you have the money?
1 year
How often do you get paid?
69.2%

What is your share worth?

Current worth
NT$29.09
Expected worth in 1 year
NT$28.96
How sure are you?
92.3%

+ What do you gain per year?

Total Gains per Share
NT$-0.13
Return On Investment
-0.5%

For what price can you sell your share?

Current Price per Share
NT$27.90
Expected price per share
NT$27.30 - NT$28.60
How sure are you?
50%

1. Valuation of Song Ho Industrial Co Ltd (5 min.)




Live pricePrice per Share (EOD)

NT$27.90

Intrinsic Value Per Share

NT$-32.50 - NT$-40.02

Total Value Per Share

NT$-3.41 - NT$-10.94

2. Growth of Song Ho Industrial Co Ltd (5 min.)




Is Song Ho Industrial Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$45.1m$46.8m-$1.2m-2.8%

How much money is Song Ho Industrial Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$495.2k$885.4k-$390.2k-78.8%
Net Profit Margin3.0%4.0%--

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

3. Financial Health of Song Ho Industrial Co Ltd (5 min.)




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




  Industry Rankings (Steel)  


Richest
#275 / 330

Most Revenue
#297 / 330

Most Profit
#227 / 330

Most Efficient
#163 / 330

What can you expect buying and holding a share of Song Ho Industrial Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Song Ho Industrial Co Ltd?

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

Speculation

The Price per Share of Song Ho Industrial Co Ltd is NT$27.90. 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 Song Ho Industrial 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 Song Ho Industrial 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 NT$29.09. Based on the TTM, the Book Value Change Per Share is NT$-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is NT$-0.15 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is NT$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Song Ho Industrial Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps0.010.0%0.010.0%0.020.1%0.020.1%0.020.1%
Usd Book Value Change Per Share0.010.0%0.000.0%0.000.0%0.070.3%0.070.3%
Usd Dividend Per Share0.000.0%0.000.0%0.100.4%0.050.2%0.050.2%
Usd Total Gains Per Share0.010.0%0.000.0%0.100.4%0.120.4%0.120.4%
Usd Price Per Share0.88-0.91-1.09-1.04-1.04-
Price to Earnings Ratio20.06-30.20--45.11--1.48--1.48-
Price-to-Total Gains Ratio72.61-98.34-19.13-40.86-40.86-
Price to Book Ratio0.97-0.99-1.15-1.12-1.12-
Price-to-Total Gains Ratio72.61-98.34-19.13-40.86-40.86-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.87327
Number of shares1145
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.05
Usd Book Value Change Per Share0.000.07
Usd Total Gains Per Share0.000.12
Gains per Quarter (1145 shares)-1.17142.22
Gains per Year (1145 shares)-4.70568.88
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-5-15248321559
20-9-204966421128
30-14-257449621697
40-19-3099212832266
50-23-35124116042835
60-28-40148919253404
70-33-45173722453973
80-38-50198525664542
90-42-55223328875111
100-47-60248132085680

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%11.01.00.091.7%12.01.00.092.3%12.01.00.092.3%12.01.00.092.3%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%10.03.00.076.9%10.03.00.076.9%10.03.00.076.9%
Dividend per Share0.00.04.00.0%8.00.04.066.7%9.00.04.069.2%9.00.04.069.2%9.00.04.069.2%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%12.01.00.092.3%12.01.00.092.3%12.01.00.092.3%

Fundamentals of Song Ho Industrial Co Ltd

About Song Ho Industrial Co Ltd

Song Ho Industrial Co., Ltd. engages in the manufacture and sale of various steel products in Taiwan. It offers hard drawn steel, roping, spring, spoke, flat, annealed steel, and galvanized steel wires; and cross lay ropes, fiber core and independent wire rope core (IWRC) parallel lay ropes, elevator wire ropes, IWRC 8 standard elevator wire ropes, profile wire ropes, non-rotation ropes, strands impacted wire ropes, and galvanized steel wire strands, as well as wire ropes for suspension bridges. The company also provides cold drawn steel bars, such as low and medium carbon, free cutting, alloy, and stainless-steel bars; spheroidized wires, including alloy steel, nipple, bearing, low carbon steel, middle-high carbon steel, and cold heading wires; and water-control gate machinery. Song Ho Industrial Co., Ltd. was founded in 1972 and is based in Nantou City, Taiwan.

Fundamental data was last updated by Penke on 2024-03-08 10:19:03.

Financial Health

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

Valuation

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

1.1. Profitability of Song Ho Industrial Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Song Ho Industrial Co Ltd earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Song Ho Industrial Co Ltd to the Steel industry mean.
  • A Net Profit Margin of 3.5% means that NT$0.03 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Song Ho Industrial Co Ltd:

  • The MRQ is 3.5%. The company is making a profit. +1
  • The TTM is 3.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.5%TTM3.0%+0.5%
TTM3.0%YOY4.0%-1.0%
TTM3.0%5Y5.3%-2.3%
5Y5.3%10Y5.3%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%2.7%+0.8%
TTM3.0%2.9%+0.1%
YOY4.0%4.8%-0.8%
5Y5.3%3.5%+1.8%
10Y5.3%2.9%+2.4%
1.1.2. Return on Assets

Shows how efficient Song Ho Industrial Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Song Ho Industrial Co Ltd to the Steel industry mean.
  • 0.7% Return on Assets means that Song Ho Industrial Co Ltd generated NT$0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Song Ho Industrial Co Ltd:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM0.6%+0.1%
TTM0.6%YOY1.0%-0.4%
TTM0.6%5Y1.2%-0.7%
5Y1.2%10Y1.2%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%1.1%-0.4%
TTM0.6%1.1%-0.5%
YOY1.0%1.9%-0.9%
5Y1.2%1.3%-0.1%
10Y1.2%1.0%+0.2%
1.1.3. Return on Equity

Shows how efficient Song Ho Industrial Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Song Ho Industrial Co Ltd to the Steel industry mean.
  • 1.2% Return on Equity means Song Ho Industrial Co Ltd generated NT$0.01 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Song Ho Industrial Co Ltd:

  • The MRQ is 1.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM1.1%+0.1%
TTM1.1%YOY1.9%-0.8%
TTM1.1%5Y2.4%-1.3%
5Y2.4%10Y2.4%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%2.2%-1.0%
TTM1.1%2.1%-1.0%
YOY1.9%3.9%-2.0%
5Y2.4%2.4%+0.0%
10Y2.4%1.8%+0.6%

1.2. Operating Efficiency of Song Ho Industrial Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Song Ho Industrial Co Ltd is operating .

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

Let's take a look of the Operating Margin trends of Song Ho Industrial Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM2.4%-2.4%
TTM2.4%YOY6.6%-4.2%
TTM2.4%5Y6.8%-4.4%
5Y6.8%10Y6.8%0.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.9%-5.9%
TTM2.4%3.4%-1.0%
YOY6.6%6.2%+0.4%
5Y6.8%5.6%+1.2%
10Y6.8%4.1%+2.7%
1.2.2. Operating Ratio

Measures how efficient Song Ho Industrial Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 1.87 means that the operating costs are NT$1.87 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of Song Ho Industrial Co Ltd:

  • The MRQ is 1.871. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.878. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.871TTM1.878-0.007
TTM1.878YOY1.813+0.065
TTM1.8785Y1.804+0.074
5Y1.80410Y1.8040.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8711.706+0.165
TTM1.8781.645+0.233
YOY1.8131.488+0.325
5Y1.8041.527+0.277
10Y1.8041.306+0.498

1.3. Liquidity of Song Ho Industrial Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Song Ho Industrial Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 3.22 means the company has NT$3.22 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of Song Ho Industrial Co Ltd:

  • The MRQ is 3.220. The company is very able to pay all its short-term debts. +2
  • The TTM is 2.956. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ3.220TTM2.956+0.264
TTM2.956YOY2.499+0.457
TTM2.9565Y2.633+0.323
5Y2.63310Y2.6330.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2201.669+1.551
TTM2.9561.736+1.220
YOY2.4991.669+0.830
5Y2.6331.615+1.018
10Y2.6331.436+1.197
1.3.2. Quick Ratio

Measures if Song Ho Industrial 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 Song Ho Industrial Co Ltd to the Steel industry mean.
  • A Quick Ratio of 0.58 means the company can pay off NT$0.58 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Song Ho Industrial Co Ltd:

  • The MRQ is 0.582. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.643. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.582TTM0.643-0.061
TTM0.643YOY0.791-0.148
TTM0.6435Y0.793-0.150
5Y0.79310Y0.7930.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5820.612-0.030
TTM0.6430.647-0.004
YOY0.7910.717+0.074
5Y0.7930.693+0.100
10Y0.7930.633+0.160

1.4. Solvency of Song Ho Industrial Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Song Ho Industrial Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Song Ho Industrial Co Ltd to Steel industry mean.
  • A Debt to Asset Ratio of 0.46 means that Song Ho Industrial Co Ltd assets are financed with 45.6% credit (debt) and the remaining percentage (100% - 45.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Song Ho Industrial Co Ltd:

  • The MRQ is 0.456. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.469. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.456TTM0.469-0.012
TTM0.469YOY0.493-0.025
TTM0.4695Y0.481-0.012
5Y0.48110Y0.4810.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4560.447+0.009
TTM0.4690.449+0.020
YOY0.4930.477+0.016
5Y0.4810.487-0.006
10Y0.4810.510-0.029
1.4.2. Debt to Equity Ratio

Measures if Song Ho Industrial Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Song Ho Industrial Co Ltd to the Steel industry mean.
  • A Debt to Equity ratio of 84.5% means that company has NT$0.85 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Song Ho Industrial Co Ltd:

  • The MRQ is 0.845. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.890. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.845TTM0.890-0.044
TTM0.890YOY0.986-0.097
TTM0.8905Y0.935-0.045
5Y0.93510Y0.9350.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8450.812+0.033
TTM0.8900.850+0.040
YOY0.9860.938+0.048
5Y0.9350.997-0.062
10Y0.9351.192-0.257

2. Market Valuation of Song Ho Industrial Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every NT$1 in earnings Song Ho Industrial Co Ltd generates.

  • Above 15 is considered overpriced but always compare Song Ho Industrial Co Ltd to the Steel industry mean.
  • A PE ratio of 20.06 means the investor is paying NT$20.06 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Song Ho Industrial Co Ltd:

  • The EOD is 19.851. Based on the earnings, the company is fair priced.
  • The MRQ is 20.064. Based on the earnings, the company is fair priced.
  • The TTM is 30.197. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD19.851MRQ20.064-0.213
MRQ20.064TTM30.197-10.133
TTM30.197YOY-45.107+75.304
TTM30.1975Y-1.476+31.673
5Y-1.47610Y-1.4760.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD19.8518.425+11.426
MRQ20.0647.908+12.156
TTM30.1977.165+23.032
YOY-45.1076.986-52.093
5Y-1.4768.371-9.847
10Y-1.47611.042-12.518
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Song Ho Industrial Co Ltd:

  • The EOD is 3.825. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 3.866. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 5.275. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.825MRQ3.866-0.041
MRQ3.866TTM5.275-1.409
TTM5.275YOY6.965-1.690
TTM5.2755Y6.887-1.612
5Y6.88710Y6.8870.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD3.8253.044+0.781
MRQ3.8662.954+0.912
TTM5.2752.082+3.193
YOY6.9651.470+5.495
5Y6.8870.910+5.977
10Y6.8871.538+5.349
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Song Ho Industrial Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 0.97 means the investor is paying NT$0.97 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of Song Ho Industrial Co Ltd:

  • The EOD is 0.959. Based on the equity, the company is cheap. +2
  • The MRQ is 0.969. Based on the equity, the company is cheap. +2
  • The TTM is 0.995. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.959MRQ0.969-0.010
MRQ0.969TTM0.995-0.025
TTM0.995YOY1.146-0.151
TTM0.9955Y1.124-0.129
5Y1.12410Y1.1240.000
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD0.9591.005-0.046
MRQ0.9690.953+0.016
TTM0.9950.958+0.037
YOY1.1461.077+0.069
5Y1.1241.064+0.060
10Y1.1241.127-0.003
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Song Ho Industrial 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--0.388-0.033+108%-0.152+139%2.238-83%2.238-83%
Book Value Per Share--29.08929.356-1%30.183-4%29.430-1%29.430-1%
Current Ratio--3.2202.956+9%2.499+29%2.633+22%2.633+22%
Debt To Asset Ratio--0.4560.469-3%0.493-8%0.481-5%0.481-5%
Debt To Equity Ratio--0.8450.890-5%0.986-14%0.935-10%0.935-10%
Dividend Per Share----0%3.300-100%1.731-100%1.731-100%
Eps--0.3510.333+6%0.570-38%0.713-51%0.713-51%
Free Cash Flow Per Share--1.8231.838-1%-0.128+107%0.674+171%0.674+171%
Free Cash Flow To Equity Per Share--1.8231.537+19%-0.303+117%0.241+658%0.241+658%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---40.025--------
Intrinsic Value_10Y_min---32.497--------
Intrinsic Value_1Y_max--1.109--------
Intrinsic Value_1Y_min--1.092--------
Intrinsic Value_3Y_max---0.569--------
Intrinsic Value_3Y_min---0.465--------
Intrinsic Value_5Y_max---6.952--------
Intrinsic Value_5Y_min---6.117--------
Market Cap1384456590.000-1%1399343220.0001448965320.000-3%1721886870.000-19%1645354323.462-15%1645354323.462-15%
Net Profit Margin--0.0350.030+16%0.040-12%0.053-34%0.053-34%
Operating Margin---0.024-100%0.066-100%0.068-100%0.068-100%
Operating Ratio--1.8711.8780%1.813+3%1.804+4%1.804+4%
Pb Ratio0.959-1%0.9690.995-3%1.146-15%1.124-14%1.124-14%
Pe Ratio19.851-1%20.06430.197-34%-45.107+325%-1.476+107%-1.476+107%
Price Per Share27.900-1%28.20029.200-3%34.700-19%33.158-15%33.158-15%
Price To Free Cash Flow Ratio3.825-1%3.8665.275-27%6.965-44%6.887-44%6.887-44%
Price To Total Gains Ratio71.834-1%72.60698.338-26%19.125+280%40.864+78%40.864+78%
Quick Ratio--0.5820.643-9%0.791-26%0.793-27%0.793-27%
Return On Assets--0.0070.006+14%0.010-31%0.012-47%0.012-47%
Return On Equity--0.0120.011+12%0.019-35%0.024-50%0.024-50%
Total Gains Per Share--0.388-0.033+108%3.148-88%3.968-90%3.968-90%
Usd Book Value--45179859.80045594780.425-1%46878714.250-4%45710252.746-1%45710252.746-1%
Usd Book Value Change Per Share--0.012-0.001+108%-0.005+139%0.070-83%0.070-83%
Usd Book Value Per Share--0.9100.919-1%0.945-4%0.921-1%0.921-1%
Usd Dividend Per Share----0%0.103-100%0.054-100%0.054-100%
Usd Eps--0.0110.010+6%0.018-38%0.022-51%0.022-51%
Usd Free Cash Flow--2832024.0002854293.950-1%-198269.850+107%1046804.423+171%1046804.423+171%
Usd Free Cash Flow Per Share--0.0570.058-1%-0.004+107%0.021+171%0.021+171%
Usd Free Cash Flow To Equity Per Share--0.0570.048+19%-0.009+117%0.008+658%0.008+658%
Usd Market Cap43333491.267-1%43799442.78645352614.516-3%53895059.031-19%51499590.324-15%51499590.324-15%
Usd Price Per Share0.873-1%0.8830.914-3%1.086-19%1.038-15%1.038-15%
Usd Profit--545746.800495283.375+10%885492.650-38%1101105.108-50%1101105.108-50%
Usd Revenue--15762742.60016311799.375-3%21116012.900-25%19734905.215-20%19734905.215-20%
Usd Total Gains Per Share--0.012-0.001+108%0.099-88%0.124-90%0.124-90%
 EOD+4 -4MRQTTM+20 -13YOY+14 -215Y+12 -2310Y+12 -23

3.2. Fundamental Score

Let's check the fundamental score of Song Ho Industrial Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1519.851
Price to Book Ratio (EOD)Between0-10.959
Net Profit Margin (MRQ)Greater than00.035
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.582
Current Ratio (MRQ)Greater than13.220
Debt to Asset Ratio (MRQ)Less than10.456
Debt to Equity Ratio (MRQ)Less than10.845
Return on Equity (MRQ)Greater than0.150.012
Return on Assets (MRQ)Greater than0.050.007
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Song Ho Industrial Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.828
Ma 20Greater thanMa 5028.035
Ma 50Greater thanMa 10028.065
Ma 100Greater thanMa 20028.289
OpenGreater thanClose27.800
Total0/5 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets2,654,804
Total Liabilities1,211,358
Total Stockholder Equity1,432,772
 As reported
Total Liabilities 1,211,358
Total Stockholder Equity+ 1,432,772
Total Assets = 2,654,804

Assets

Total Assets2,654,804
Total Current Assets1,647,360
Long-term Assets1,007,444
Total Current Assets
Cash And Cash Equivalents 399,178
Short-term Investments 48,168
Net Receivables 249,694
Inventory 809,851
Other Current Assets 6,072
Total Current Assets  (as reported)1,647,360
Total Current Assets  (calculated)1,512,963
+/- 134,397
Long-term Assets
Property Plant Equipment 907,258
Long-term Assets Other 13,156
Long-term Assets  (as reported)1,007,444
Long-term Assets  (calculated)920,414
+/- 87,030

Liabilities & Shareholders' Equity

Total Current Liabilities511,534
Long-term Liabilities699,824
Total Stockholder Equity1,432,772
Total Current Liabilities
Short Long Term Debt 418,426
Accounts payable 21,227
Other Current Liabilities 18,908
Total Current Liabilities  (as reported)511,534
Total Current Liabilities  (calculated)458,561
+/- 52,973
Long-term Liabilities
Long term Debt 505,889
Capital Lease Obligations Min Short Term Debt25,169
Long-term Liabilities Other 13
Long-term Liabilities  (as reported)699,824
Long-term Liabilities  (calculated)531,071
+/- 168,753
Total Stockholder Equity
Retained Earnings 613,590
Total Stockholder Equity (as reported)1,432,772
Total Stockholder Equity (calculated)613,590
+/- 819,182
Other
Capital Stock496,221
Common Stock Shares Outstanding 49,622
Net Debt 525,137
Net Invested Capital 2,357,087
Net Working Capital 1,135,826
Property Plant and Equipment Gross 907,258



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-30
> Total Assets 
2,716,684
2,613,153
2,732,860
2,874,200
2,852,460
2,897,023
2,954,555
3,087,775
2,900,682
2,814,471
2,736,564
2,766,153
2,654,804
2,654,8042,766,1532,736,5642,814,4712,900,6823,087,7752,954,5552,897,0232,852,4602,874,2002,732,8602,613,1532,716,684
   > Total Current Assets 
1,625,643
1,526,150
1,650,870
1,806,892
1,790,381
1,834,058
1,907,500
2,049,955
1,875,034
1,793,891
1,719,494
1,752,235
1,647,360
1,647,3601,752,2351,719,4941,793,8911,875,0342,049,9551,907,5001,834,0581,790,3811,806,8921,650,8701,526,1501,625,643
       Cash And Cash Equivalents 
441,068
297,508
420,849
468,303
388,701
329,546
472,640
532,645
317,966
373,581
359,018
433,119
399,178
399,178433,119359,018373,581317,966532,645472,640329,546388,701468,303420,849297,508441,068
       Short-term Investments 
16,389
55,714
31,261
42,183
22,122
41,582
41,655
50,671
52,021
53,005
52,843
41,230
48,168
48,16841,23052,84353,00552,02150,67141,65541,58222,12242,18331,26155,71416,389
       Net Receivables 
491,869
545,461
545,201
627,852
724,741
639,560
580,544
551,067
463,608
420,244
303,458
347,271
249,694
249,694347,271303,458420,244463,608551,067580,544639,560724,741627,852545,201545,461491,869
       Inventory 
661,979
583,909
617,010
619,249
615,015
803,365
781,952
887,093
1,000,243
911,715
844,022
910,512
809,851
809,851910,512844,022911,7151,000,243887,093781,952803,365615,015619,249617,010583,909661,979
       Other Current Assets 
5,712
7,591
9,643
8,872
5,741
9,093
10,250
6,396
9,356
9,369
11,342
8,452
6,072
6,0728,45211,3429,3699,3566,39610,2509,0935,7418,8729,6437,5915,712
   > Long-term Assets 
1,091,041
1,087,003
1,081,990
1,067,308
1,062,079
1,062,965
1,047,055
1,037,820
1,025,648
1,020,580
1,017,070
1,013,918
1,007,444
1,007,4441,013,9181,017,0701,020,5801,025,6481,037,8201,047,0551,062,9651,062,0791,067,3081,081,9901,087,0031,091,041
       Property Plant Equipment 
989,043
982,651
975,614
961,755
963,887
958,937
948,753
939,353
925,022
922,299
919,157
910,007
907,258
907,258910,007919,157922,299925,022939,353948,753958,937963,887961,755975,614982,651989,043
       Other Assets 
38,296
37,979
40,003
43,895
36,814
38,031
32,305
36,284
34,566
0
0
39,405
0
039,4050034,56636,28432,30538,03136,81443,89540,00337,97938,296
> Total Liabilities 
1,363,733
1,221,290
1,293,501
1,371,017
1,372,426
1,368,185
1,382,422
1,647,804
1,450,734
1,337,433
1,254,412
1,341,980
1,211,358
1,211,3581,341,9801,254,4121,337,4331,450,7341,647,8041,382,4221,368,1851,372,4261,371,0171,293,5011,221,2901,363,733
   > Total Current Liabilities 
679,338
594,675
646,443
706,658
766,175
737,789
729,899
893,631
719,997
604,654
583,589
651,203
511,534
511,534651,203583,589604,654719,997893,631729,899737,789766,175706,658646,443594,675679,338
       Short Long Term Debt 
333,492
223,506
277,356
301,068
407,351
319,203
336,297
312,146
617,582
507,629
478,193
486,225
418,426
418,426486,225478,193507,629617,582312,146336,297319,203407,351301,068277,356223,506333,492
       Accounts payable 
198,178
66,079
59,596
79,702
82,963
87,022
72,429
94,484
68,038
58,815
36,048
69,466
21,227
21,22769,46636,04858,81568,03894,48472,42987,02282,96379,70259,59666,079198,178
       Other Current Liabilities 
36,819
48,322
55,803
46,922
45,994
59,174
70,231
205,192
17,077
21,370
26,661
105,652
18,908
18,908105,65226,66121,37017,077205,19270,23159,17445,99446,92255,80348,32236,819
   > Long-term Liabilities 
684,395
626,615
647,058
664,359
606,251
630,396
652,523
754,173
730,737
732,779
670,823
690,777
699,824
699,824690,777670,823732,779730,737754,173652,523630,396606,251664,359647,058626,615684,395
       Long term Debt 
490,634
433,746
453,983
472,002
413,836
438,309
459,889
561,281
536,091
539,772
477,996
497,638
505,889
505,889497,638477,996539,772536,091561,281459,889438,309413,836472,002453,983433,746490,634
       Capital Lease Obligations Min Short Term Debt
26,145
25,254
25,460
24,742
24,800
24,472
25,018
25,276
26,090
25,358
25,056
25,248
25,169
25,16925,24825,05625,35826,09025,27625,01824,47224,80024,74225,46025,25426,145
       Other Liabilities 
167,603
167,603
167,603
167,603
167,603
167,603
167,603
167,603
168,543
167,636
0
167,878
0
0167,8780167,636168,543167,603167,603167,603167,603167,603167,603167,603167,603
       Long-term Liabilities Other 
13
12
12
12
12
12
13
13
13
13
13
13
13
13131313131313121212121213
> Total Stockholder Equity
1,343,714
1,382,744
1,429,974
1,493,841
1,470,595
1,519,377
1,562,347
1,430,125
1,439,632
1,466,673
1,471,690
1,413,643
1,432,772
1,432,7721,413,6431,471,6901,466,6731,439,6321,430,1251,562,3471,519,3771,470,5951,493,8411,429,9741,382,7441,343,714
   Common Stock
496,221
496,221
496,221
496,221
496,221
496,221
496,221
496,221
496,221
0
0
496,221
0
0496,22100496,221496,221496,221496,221496,221496,221496,221496,221496,221
   Retained Earnings 
847,506
885,330
929,687
1,001,241
976,632
1,021,610
1,059,337
927,716
926,041
958,160
661,712
902,429
613,590
613,590902,429661,712958,160926,041927,7161,059,3371,021,610976,6321,001,241929,687885,330847,506
   Accumulated Other Comprehensive Income 0000000000000
   Capital Surplus 0000000000000
   Treasury Stock0000000000000



Balance Sheet

Currency in TWD. All numbers in thousands.




Cash Flow

Currency in TWD. All numbers in thousands.




Income Statement

Currency in TWD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue2,084,575
Cost of Revenue-1,910,082
Gross Profit174,493174,493
 
Operating Income (+$)
Gross Profit174,493
Operating Expense-2,005,611
Operating Income78,964-1,831,118
 
Operating Expense (+$)
Research Development3,724
Selling General Administrative91,805
Selling And Marketing Expenses-
Operating Expense2,005,61195,529
 
Net Interest Income (+$)
Interest Income5,553
Interest Expense-17,630
Other Finance Cost-0
Net Interest Income-12,077
 
Pretax Income (+$)
Operating Income78,964
Net Interest Income-12,077
Other Non-Operating Income Expenses-
Income Before Tax (EBT)80,01678,964
EBIT - interestExpense = -17,630
63,295
80,925
Interest Expense17,630
Earnings Before Interest and Taxes (EBIT)-97,646
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax80,016
Tax Provision-16,383
Net Income From Continuing Ops63,63363,633
Net Income63,295
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-12,077
 

Technical Analysis of Song Ho Industrial 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 Song Ho Industrial Co Ltd. The general trend of Song Ho Industrial Co Ltd is BEARISH with 85.7% 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 Song Ho Industrial 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 (-85.7%) Bearish trend (85.7%)
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 Song Ho Industrial Co Ltd.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 28.31 < 28.45 < 28.60.

The bearish price targets are: 27.50 > 27.50 > 27.30.

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Song Ho Industrial 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 Song Ho Industrial Co Ltd. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-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 lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Song Ho Industrial 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 Song Ho Industrial Co Ltd. The current macd is -0.07707593.

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 Song Ho Industrial Co Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Song Ho Industrial Co Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Song Ho Industrial Co Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Song Ho Industrial Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartSong Ho Industrial 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 Song Ho Industrial Co Ltd. The current adx is 16.26.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Song Ho Industrial Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Song Ho Industrial 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 Song Ho Industrial Co Ltd. The current sar is 28.76.

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

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Song Ho Industrial 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 Song Ho Industrial Co Ltd. The current rsi is 45.83. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Song Ho Industrial Co Ltd Daily Relative Strength Index (RSI) ChartSong Ho Industrial 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 Song Ho Industrial Co Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Song Ho Industrial Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Song Ho Industrial Co Ltd Daily Stochastic Oscillator ChartSong Ho Industrial 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 Song Ho Industrial Co Ltd. The current cci is -54.62184874.

Song Ho Industrial Co Ltd Daily Commodity Channel Index (CCI) ChartSong Ho Industrial 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 Song Ho Industrial Co Ltd. The current cmo is -6.73540971.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Song Ho Industrial Co Ltd Daily Chande Momentum Oscillator (CMO) ChartSong Ho Industrial 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 Song Ho Industrial Co Ltd. The current willr is -63.63636364.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Song Ho Industrial Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Song Ho Industrial Co Ltd Daily Williams %R ChartSong Ho Industrial 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 Song Ho Industrial Co Ltd.

Song Ho Industrial 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 Song Ho Industrial Co Ltd. The current atr is 0.23148367.

Song Ho Industrial Co Ltd Daily Average True Range (ATR) ChartSong Ho Industrial 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 Song Ho Industrial Co Ltd. The current obv is -594,815.

Song Ho Industrial Co Ltd Daily On-Balance Volume (OBV) ChartSong Ho Industrial 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 Song Ho Industrial Co Ltd. The current mfi is 34.13.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Song Ho Industrial Co Ltd Daily Money Flow Index (MFI) ChartSong Ho Industrial Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Song Ho Industrial 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
2023-10-31STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-02STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-03MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-06MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-14DMI 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.
2023-11-16DMI 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20CCI 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).
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19STOCH 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).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02DMI 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
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22DMI 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
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Song Ho Industrial Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Song Ho Industrial Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.828
Ma 20Greater thanMa 5028.035
Ma 50Greater thanMa 10028.065
Ma 100Greater thanMa 20028.289
OpenGreater thanClose27.800
Total0/5 (0.0%)
Penke

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