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China Meheco Co Ltd
Buy, Hold or Sell?

Let's analyse Meheco together

PenkeI guess you are interested in China Meheco 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 China Meheco 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 Meheco (30 sec.)










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

How much money do you get?

How much money do you get?
¥0.07
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥9.15
Expected worth in 1 year
¥9.46
How sure are you?
95.0%

+ What do you gain per year?

Total Gains per Share
¥0.83
Return On Investment
7.6%

For what price can you sell your share?

Current Price per Share
¥10.84
Expected price per share
¥9.78 - ¥11.69
How sure are you?
50%

1. Valuation of Meheco (5 min.)




Live pricePrice per Share (EOD)

¥10.84

Intrinsic Value Per Share

¥-19.67 - ¥-23.97

Total Value Per Share

¥-10.52 - ¥-14.82

2. Growth of Meheco (5 min.)




Is Meheco growing?

Current yearPrevious yearGrowGrow %
How rich?$1.8b$1.7b$84.1m4.5%

How much money is Meheco making?

Current yearPrevious yearGrowGrow %
Making money$19.4m$20m-$520.9k-2.7%
Net Profit Margin1.4%1.6%--

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

3. Financial Health of Meheco (5 min.)




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




  Industry Rankings (Medical Distribution)  


Richest
#7 / 41

Most Revenue
#14 / 41

Most Profit
#15 / 41

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

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

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

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

Speculation

The Price per Share of Meheco is ¥10.84. 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 Meheco.
  • 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 Meheco, 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 ¥9.15. Based on the TTM, the Book Value Change Per Share is ¥0.08 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.07 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ¥0.13 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Meheco.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.000.0%0.020.2%0.010.1%0.020.2%0.020.2%
Usd Book Value Change Per Share0.000.0%0.010.1%0.010.1%0.020.2%0.020.2%
Usd Dividend Per Share0.000.0%0.020.2%0.010.1%0.010.1%0.010.1%
Usd Total Gains Per Share0.010.1%0.030.3%0.020.2%0.030.3%0.040.3%
Usd Price Per Share1.71-1.95-2.60-2.04-2.34-
Price to Earnings Ratio91.56-37.84-19.18-42.79-38.53-
Price-to-Total Gains Ratio285.66-124.52-51.48--1,029.97--473.22-
Price to Book Ratio1.35-1.56-2.18-1.81-3.06-
Price-to-Total Gains Ratio285.66-124.52-51.48--1,029.97--473.22-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.500256
Number of shares666
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.01
Usd Book Value Change Per Share0.010.02
Usd Total Gains Per Share0.030.03
Gains per Quarter (666 shares)19.0819.64
Gains per Year (666 shares)76.3178.54
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1482966344569
295571426790148
314386218101135227
4191114294134180306
5239143370168225385
6286171446201270464
7334200522235315543
8382229598268360622
9430257674302405701
10477286750335450780

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%19.01.00.095.0%39.01.00.097.5%85.01.01.097.7%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%16.04.00.080.0%36.04.00.090.0%74.013.00.085.1%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%62.00.025.071.3%
Total Gains per Share4.00.00.0100.0%10.02.00.083.3%18.02.00.090.0%38.02.00.095.0%77.010.00.088.5%

Fundamentals of Meheco

About China Meheco Co Ltd

China Meheco Group Co., Ltd. engages in the pharmaceutical business in China and internationally. The company exports and imports natural medicines, pharmaceutical chemicals, medical equipment, and health products; produces and distributes pharmaceutical and health care products; and operates retail chain pharmacies. Its products include bulk pharmaceutical chemicals antibiotic fermentation and chemical synthesis tablets, injections, capsules, etc.; antibiotics; medicines for the treatment of cardio-cerebrovascular diseases, chronic diseases, and diabetes; antiviral; anti-infectious agents; gastrointestinal drugs; non-steroidal anti-inflammatory drugs; anti-allergic agents; specialty botanicals; western medicine preparations; Chinese patent medicines and herbal pieces; medical equipment and supplies; biological products; chemical raw materials; and nutritional and healthcare products. The company also plants, processes, warehouses, and transports ginseng, licorice, ephedra, rhubarb, rheum officinale, astragalus membranaceus, scutellaria baicalensis, fennel, and other herbs. China Meheco Group Co., Ltd. was founded in 1984 and is based in Beijing, China.

Fundamental data was last updated by Penke on 2024-03-26 14:42:08.

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 able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
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 China Meheco Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Meheco earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Meheco to the Medical Distribution industry mean.
  • A Net Profit Margin of 0.6% means that ¥0.01 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of China Meheco Co Ltd:

  • The MRQ is 0.6%. The company is not making a profit/loss.
  • The TTM is 1.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM1.4%-0.8%
TTM1.4%YOY1.6%-0.3%
TTM1.4%5Y2.4%-1.1%
5Y2.4%10Y3.2%-0.7%
Compared to industry (Medical Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%1.9%-1.3%
TTM1.4%2.2%-0.8%
YOY1.6%2.4%-0.8%
5Y2.4%2.2%+0.2%
10Y3.2%2.1%+1.1%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Meheco to the Medical Distribution industry mean.
  • 0.1% Return on Assets means that Meheco generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of China Meheco Co Ltd:

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.4%-0.2%
TTM0.4%YOY0.4%-0.1%
TTM0.4%5Y0.7%-0.4%
5Y0.7%10Y1.0%-0.3%
Compared to industry (Medical Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%0.8%-0.7%
TTM0.4%0.9%-0.5%
YOY0.4%0.8%-0.4%
5Y0.7%0.9%-0.2%
10Y1.0%1.0%+0.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Meheco to the Medical Distribution industry mean.
  • 0.5% Return on Equity means Meheco generated ¥0.00 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of China Meheco Co Ltd:

  • The MRQ is 0.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM1.3%-0.8%
TTM1.3%YOY1.3%-0.1%
TTM1.3%5Y2.3%-1.1%
5Y2.3%10Y3.1%-0.7%
Compared to industry (Medical Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%2.1%-1.6%
TTM1.3%2.5%-1.2%
YOY1.3%2.2%-0.9%
5Y2.3%2.3%+0.0%
10Y3.1%2.4%+0.7%

1.2. Operating Efficiency of China Meheco Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Meheco is operating .

  • Measures how much profit Meheco 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 Meheco to the Medical Distribution 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 China Meheco Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.1%-1.1%
TTM1.1%YOY5.4%-4.4%
TTM1.1%5Y4.5%-3.4%
5Y4.5%10Y2.6%+1.9%
Compared to industry (Medical Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.1%-3.1%
TTM1.1%2.6%-1.5%
YOY5.4%3.5%+1.9%
5Y4.5%3.3%+1.2%
10Y2.6%2.0%+0.6%
1.2.2. Operating Ratio

Measures how efficient Meheco is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Distribution industry mean).
  • An Operation Ratio of 1.86 means that the operating costs are ¥1.86 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of China Meheco Co Ltd:

  • The MRQ is 1.857. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.846. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.857TTM1.846+0.011
TTM1.846YOY1.812+0.034
TTM1.8465Y1.793+0.053
5Y1.79310Y1.372+0.421
Compared to industry (Medical Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8571.369+0.488
TTM1.8461.369+0.477
YOY1.8121.413+0.399
5Y1.7931.312+0.481
10Y1.3721.210+0.162

1.3. Liquidity of China Meheco Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Medical Distribution industry mean).
  • A Current Ratio of 1.53 means the company has ¥1.53 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of China Meheco Co Ltd:

  • The MRQ is 1.527. The company is able to pay all its short-term debts. +1
  • The TTM is 1.525. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.527TTM1.525+0.002
TTM1.525YOY1.696-0.171
TTM1.5255Y1.560-0.035
5Y1.56010Y0.855+0.705
Compared to industry (Medical Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5271.366+0.161
TTM1.5251.418+0.107
YOY1.6961.403+0.293
5Y1.5601.408+0.152
10Y0.8551.299-0.444
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Meheco to the Medical Distribution industry mean.
  • A Quick Ratio of 0.82 means the company can pay off ¥0.82 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of China Meheco Co Ltd:

  • The MRQ is 0.815. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.817. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.815TTM0.817-0.002
TTM0.817YOY1.024-0.207
TTM0.8175Y0.866-0.049
5Y0.86610Y0.835+0.032
Compared to industry (Medical Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8150.758+0.057
TTM0.8170.757+0.060
YOY1.0240.828+0.196
5Y0.8660.814+0.052
10Y0.8350.850-0.015

1.4. Solvency of China Meheco Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Meheco to Medical Distribution industry mean.
  • A Debt to Asset Ratio of 0.64 means that Meheco assets are financed with 64.2% credit (debt) and the remaining percentage (100% - 64.2%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.642. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.645. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.642TTM0.645-0.003
TTM0.645YOY0.599+0.046
TTM0.6455Y0.622+0.023
5Y0.62210Y0.620+0.002
Compared to industry (Medical Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6420.617+0.025
TTM0.6450.606+0.039
YOY0.5990.608-0.009
5Y0.6220.610+0.012
10Y0.6200.593+0.027
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Meheco to the Medical Distribution industry mean.
  • A Debt to Equity ratio of 218.9% means that company has ¥2.19 debt for each ¥1 in shareholders equity.

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

  • The MRQ is 2.189. The company is just not able to pay all its debts with equity.
  • The TTM is 2.218. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.189TTM2.218-0.029
TTM2.218YOY1.825+0.393
TTM2.2185Y2.021+0.197
5Y2.02110Y1.933+0.089
Compared to industry (Medical Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1891.698+0.491
TTM2.2181.678+0.540
YOY1.8251.752+0.073
5Y2.0211.733+0.288
10Y1.9331.738+0.195

2. Market Valuation of China Meheco Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings Meheco generates.

  • Above 15 is considered overpriced but always compare Meheco to the Medical Distribution industry mean.
  • A PE ratio of 91.56 means the investor is paying ¥91.56 for every ¥1 in earnings.

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

  • The EOD is 80.174. Based on the earnings, the company is expensive. -2
  • The MRQ is 91.564. Based on the earnings, the company is expensive. -2
  • The TTM is 37.838. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD80.174MRQ91.564-11.390
MRQ91.564TTM37.838+53.726
TTM37.838YOY19.178+18.660
TTM37.8385Y42.788-4.950
5Y42.78810Y38.532+4.256
Compared to industry (Medical Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD80.17413.475+66.699
MRQ91.56414.623+76.941
TTM37.83818.845+18.993
YOY19.17818.249+0.929
5Y42.78817.230+25.558
10Y38.53219.682+18.850
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 25.709. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 29.361. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 9.200. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD25.709MRQ29.361-3.652
MRQ29.361TTM9.200+20.161
TTM9.200YOY-73.527+82.727
TTM9.2005Y-9.316+18.516
5Y-9.31610Y-8.098-1.218
Compared to industry (Medical Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD25.7096.313+19.396
MRQ29.3614.510+24.851
TTM9.2007.516+1.684
YOY-73.5275.255-78.782
5Y-9.3162.484-11.800
10Y-8.0981.762-9.860
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Medical Distribution industry mean).
  • A PB ratio of 1.35 means the investor is paying ¥1.35 for each ¥1 in book value.

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

  • The EOD is 1.185. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.353. Based on the equity, the company is underpriced. +1
  • The TTM is 1.563. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.185MRQ1.353-0.168
MRQ1.353TTM1.563-0.211
TTM1.563YOY2.181-0.617
TTM1.5635Y1.810-0.247
5Y1.81010Y3.059-1.249
Compared to industry (Medical Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD1.1851.110+0.075
MRQ1.3531.178+0.175
TTM1.5631.224+0.339
YOY2.1811.307+0.874
5Y1.8101.386+0.424
10Y3.0592.166+0.893
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of China Meheco 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--0.0330.078-58%0.070-53%0.122-73%0.167-80%
Book Value Per Share--9.1519.024+1%8.618+6%8.166+12%6.409+43%
Current Ratio--1.5271.525+0%1.696-10%1.560-2%0.855+79%
Debt To Asset Ratio--0.6420.645-1%0.599+7%0.622+3%0.620+4%
Debt To Equity Ratio--2.1892.218-1%1.825+20%2.021+8%1.933+13%
Dividend Per Share--0.0110.129-92%0.060-82%0.091-88%0.095-89%
Eps--0.0340.146-77%0.097-65%0.163-79%0.162-79%
Free Cash Flow Per Share--0.1050.129-18%0.145-27%0.109-3%0.141-25%
Free Cash Flow To Equity Per Share--0.1050.093+13%0.070+51%0.097+8%0.157-33%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---23.968--------
Intrinsic Value_10Y_min---19.666--------
Intrinsic Value_1Y_max--0.182--------
Intrinsic Value_1Y_min--0.181--------
Intrinsic Value_3Y_max---1.421--------
Intrinsic Value_3Y_min---1.317--------
Intrinsic Value_5Y_max---5.400--------
Intrinsic Value_5Y_min---4.842--------
Market Cap16215338506.240-14%18518993607.68021058249799.040-12%28058967899.520-34%22010384857.704-16%25317038675.331-27%
Net Profit Margin--0.0060.014-55%0.016-62%0.024-75%0.032-81%
Operating Margin---0.011-100%0.054-100%0.045-100%0.026-100%
Operating Ratio--1.8571.846+1%1.812+3%1.793+4%1.372+35%
Pb Ratio1.185-14%1.3531.563-13%2.181-38%1.810-25%3.059-56%
Pe Ratio80.174-14%91.56437.838+142%19.178+377%42.788+114%38.532+138%
Price Per Share10.840-14%12.38014.078-12%18.758-34%14.714-16%16.925-27%
Price To Free Cash Flow Ratio25.709-14%29.3619.200+219%-73.527+350%-9.316+132%-8.098+128%
Price To Total Gains Ratio250.126-14%285.660124.520+129%51.477+455%-1029.974+461%-473.224+266%
Quick Ratio--0.8150.8170%1.024-20%0.866-6%0.835-2%
Return On Assets--0.0010.004-63%0.004-70%0.007-82%0.010-87%
Return On Equity--0.0050.013-64%0.013-66%0.023-81%0.031-85%
Total Gains Per Share--0.0430.207-79%0.130-67%0.213-80%0.262-83%
Usd Book Value--1894463368.8241868219982.389+1%1784112742.711+6%1690512021.600+12%1326879598.637+43%
Usd Book Value Change Per Share--0.0050.011-58%0.010-53%0.017-73%0.023-80%
Usd Book Value Per Share--1.2661.249+1%1.193+6%1.130+12%0.887+43%
Usd Dividend Per Share--0.0010.018-92%0.008-82%0.013-88%0.013-89%
Usd Eps--0.0050.020-77%0.013-65%0.023-79%0.022-79%
Usd Free Cash Flow--21823304.68826727963.448-18%29942134.102-27%22489489.205-3%20435487.865+7%
Usd Free Cash Flow Per Share--0.0150.018-18%0.020-27%0.015-3%0.020-25%
Usd Free Cash Flow To Equity Per Share--0.0150.013+13%0.010+51%0.013+8%0.022-33%
Usd Market Cap2244202849.264-14%2563028715.3032914461772.187-12%3883361157.294-34%3046237264.306-16%3503878152.666-27%
Usd Price Per Share1.500-14%1.7131.948-12%2.596-34%2.036-16%2.342-27%
Usd Profit--6997905.70919483332.275-64%20004257.378-65%31646009.952-78%32431852.783-78%
Usd Revenue--1130976599.8871400337669.706-19%1260256285.382-10%1294242127.758-13%1063366254.444+6%
Usd Total Gains Per Share--0.0060.029-79%0.018-67%0.029-80%0.036-83%
 EOD+4 -4MRQTTM+11 -24YOY+8 -275Y+8 -2710Y+9 -26

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1580.174
Price to Book Ratio (EOD)Between0-11.185
Net Profit Margin (MRQ)Greater than00.006
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.815
Current Ratio (MRQ)Greater than11.527
Debt to Asset Ratio (MRQ)Less than10.642
Debt to Equity Ratio (MRQ)Less than12.189
Return on Equity (MRQ)Greater than0.150.005
Return on Assets (MRQ)Greater than0.050.001
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.096
Ma 20Greater thanMa 5011.202
Ma 50Greater thanMa 10011.021
Ma 100Greater thanMa 20011.331
OpenGreater thanClose10.810
Total1/5 (20.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Net Interest Income  -25,387-62,387-87,77444,533-43,242-4,060-47,30170,61523,313



Latest Balance Sheet

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

Summary
Total Assets38,186,205
Total Liabilities24,497,886
Total Stockholder Equity11,189,878
 As reported
Total Liabilities 24,497,886
Total Stockholder Equity+ 11,189,878
Total Assets = 38,186,205

Assets

Total Assets38,186,205
Total Current Assets29,069,805
Long-term Assets9,116,400
Total Current Assets
Cash And Cash Equivalents 3,029,031
Net Receivables 15,519,994
Inventory 6,910,981
Other Current Assets 537,959
Total Current Assets  (as reported)29,069,805
Total Current Assets  (calculated)25,997,964
+/- 3,071,841
Long-term Assets
Property Plant Equipment 2,862,353
Goodwill 1,123,822
Intangible Assets 1,007,985
Long-term Assets Other 484,814
Long-term Assets  (as reported)9,116,400
Long-term Assets  (calculated)5,478,974
+/- 3,637,426

Liabilities & Shareholders' Equity

Total Current Liabilities19,038,387
Long-term Liabilities5,459,499
Total Stockholder Equity11,189,878
Total Current Liabilities
Short Long Term Debt 2,053,925
Accounts payable 10,660,297
Other Current Liabilities 339,239
Total Current Liabilities  (as reported)19,038,387
Total Current Liabilities  (calculated)13,053,461
+/- 5,984,926
Long-term Liabilities
Long term Debt 3,023,357
Capital Lease Obligations Min Short Term Debt294,250
Long-term Liabilities Other 2,048,744
Long-term Liabilities  (as reported)5,459,499
Long-term Liabilities  (calculated)5,366,350
+/- 93,148
Total Stockholder Equity
Retained Earnings 7,036,627
Total Stockholder Equity (as reported)11,189,878
Total Stockholder Equity (calculated)7,036,627
+/- 4,153,251
Other
Capital Stock1,495,880
Common Stock Shares Outstanding 1,495,880
Net Debt 2,048,251
Net Invested Capital 16,267,160
Net Working Capital 10,031,418
Property Plant and Equipment Gross 2,862,353



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-06-302000-12-312000-06-30
> Total Assets 
802,360
1,121,579
1,605,905
1,205,250
1,004,591
1,007,854
962,676
1,001,737
1,016,946
951,877
1,015,670
920,766
1,190,263
936,827
1,042,250
970,438
1,497,608
1,608,701
1,598,611
1,673,883
1,769,993
1,770,377
1,878,362
1,727,430
1,845,450
1,871,064
2,055,383
2,722,895
2,680,279
2,604,243
2,604,820
2,440,808
2,554,970
3,392,075
4,845,868
5,465,398
5,451,698
5,331,857
5,259,875
5,237,577
5,330,568
5,556,088
6,172,507
6,164,807
6,175,073
7,146,408
7,380,282
8,177,916
8,067,841
8,145,869
12,961,407
12,790,481
14,423,244
14,005,959
13,935,906
14,203,616
14,683,266
14,767,729
15,446,282
16,158,288
17,545,108
18,601,533
19,577,593
19,522,574
20,048,798
20,259,498
20,890,297
21,186,137
21,571,502
25,478,350
25,632,857
25,344,090
25,380,711
26,630,821
27,677,343
29,832,662
32,840,679
35,470,807
34,527,967
33,192,036
32,906,783
32,583,524
32,369,415
31,110,549
32,312,431
31,838,282
33,466,035
35,898,613
38,610,045
39,457,328
38,186,205
38,186,20539,457,32838,610,04535,898,61333,466,03531,838,28232,312,43131,110,54932,369,41532,583,52432,906,78333,192,03634,527,96735,470,80732,840,67929,832,66227,677,34326,630,82125,380,71125,344,09025,632,85725,478,35021,571,50221,186,13720,890,29720,259,49820,048,79819,522,57419,577,59318,601,53317,545,10816,158,28815,446,28214,767,72914,683,26614,203,61613,935,90614,005,95914,423,24412,790,48112,961,4078,145,8698,067,8418,177,9167,380,2827,146,4086,175,0736,164,8076,172,5075,556,0885,330,5685,237,5775,259,8755,331,8575,451,6985,465,3984,845,8683,392,0752,554,9702,440,8082,604,8202,604,2432,680,2792,722,8952,055,3831,871,0641,845,4501,727,4301,878,3621,770,3771,769,9931,673,8831,598,6111,608,7011,497,608970,4381,042,250936,8271,190,263920,7661,015,670951,8771,016,9461,001,737962,6761,007,8541,004,5911,205,2501,605,9051,121,579802,360
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,628,942
20,654,878
20,751,642
20,834,070
21,955,424
22,817,794
22,513,774
25,176,685
27,605,741
26,582,763
25,063,187
24,467,826
24,064,515
23,823,108
22,189,095
23,548,062
23,080,685
24,736,681
26,934,508
29,749,985
30,359,190
29,069,805
29,069,80530,359,19029,749,98526,934,50824,736,68123,080,68523,548,06222,189,09523,823,10824,064,51524,467,82625,063,18726,582,76327,605,74125,176,68522,513,77422,817,79421,955,42420,834,07020,751,64220,654,87820,628,942000000000000000000000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,244,406
1,666,753
3,730,135
2,094,492
2,647,712
2,489,262
2,659,248
3,088,163
2,525,690
1,848,559
3,554,982
2,337,911
2,216,049
1,882,144
2,798,931
2,377,435
2,129,345
2,093,811
4,260,347
3,038,127
3,644,448
3,029,031
3,029,0313,644,4483,038,1274,260,3472,093,8112,129,3452,377,4352,798,9311,882,1442,216,0492,337,9113,554,9821,848,5592,525,6903,088,1632,659,2482,489,2622,647,7122,094,4923,730,1351,666,7532,244,406000000000000000000000000000000000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
169,267
157,502
188,901
80,024
16,319
8,161
0
0
0
0
0
0
0
0
0
0
00000000008,16116,31980,024188,901157,502169,267000000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
114,611
119,285
95,362
60,167
81,050
118,420
67,415
10,190
11,318
40,182
49,913
49,251
34,346
24,095
58,768
43,913
234,043
199,671
201,874
201,266
248,414
267,932
251,452
258,667
259,568
283,537
406,095
316,162
384,343
492,874
515,369
512,177
644,759
862,294
939,659
1,024,714
1,160,859
1,147,092
1,218,590
1,058,746
1,272,523
1,452,855
1,674,458
1,713,988
2,028,328
2,196,737
2,159,552
2,539,292
2,894,175
3,013,825
4,509,249
4,005,741
4,695,392
5,332,868
5,461,974
4,810,713
5,653,567
5,731,507
6,044,568
5,399,327
6,597,899
7,540,068
7,972,887
7,507,330
8,936,951
9,614,646
10,220,260
8,817,539
10,311,332
12,419,443
12,534,462
10,918,657
11,006,538
11,500,995
11,935,744
12,565,360
12,769,333
13,343,364
14,441,455
13,199,873
13,894,544
14,553,790
14,362,899
12,809,758
14,029,465
14,195,464
15,510,232
13,153,673
15,441,190
18,289,923
15,519,994
15,519,99418,289,92315,441,19013,153,67315,510,23214,195,46414,029,46512,809,75814,362,89914,553,79013,894,54413,199,87314,441,45513,343,36412,769,33312,565,36011,935,74411,500,99511,006,53810,918,65712,534,46212,419,44310,311,3328,817,53910,220,2609,614,6468,936,9517,507,3307,972,8877,540,0686,597,8995,399,3276,044,5685,731,5075,653,5674,810,7135,461,9745,332,8684,695,3924,005,7414,509,2493,013,8252,894,1752,539,2922,159,5522,196,7372,028,3281,713,9881,674,4581,452,8551,272,5231,058,7461,218,5901,147,0921,160,8591,024,714939,659862,294644,759512,177515,369492,874384,343316,162406,095283,537259,568258,667251,452267,932248,414201,266201,874199,671234,04343,91358,76824,09534,34649,25149,91340,18211,31810,19067,415118,42081,05060,16795,362119,285114,611
       Inventory 
29,662
61,916
73,787
75,982
77,006
43,288
42,798
62,164
89,495
31,916
43,206
12,662
121,375
32,747
149,757
62,606
318,831
311,405
348,656
345,600
325,011
383,910
431,106
405,966
440,198
457,663
552,934
605,523
676,492
659,595
749,154
733,349
726,111
814,059
1,662,214
1,749,116
2,089,348
2,350,380
2,302,302
2,272,756
2,316,901
2,374,166
2,487,295
2,505,886
2,533,019
2,485,454
2,584,456
2,823,790
2,811,762
2,864,122
3,690,556
3,890,157
3,919,422
3,652,114
3,891,116
4,036,990
4,470,519
4,502,149
4,715,406
4,170,118
4,581,633
4,738,959
4,744,143
4,684,219
4,543,398
4,550,175
4,560,167
4,467,736
4,569,606
5,137,032
5,375,087
5,181,418
5,348,401
5,545,485
5,827,048
6,024,020
6,709,296
7,994,489
6,966,559
6,849,134
6,672,233
5,944,387
6,270,831
5,656,741
5,884,339
5,723,811
5,995,462
6,083,412
7,621,414
7,216,543
6,910,981
6,910,9817,216,5437,621,4146,083,4125,995,4625,723,8115,884,3395,656,7416,270,8315,944,3876,672,2336,849,1346,966,5597,994,4896,709,2966,024,0205,827,0485,545,4855,348,4015,181,4185,375,0875,137,0324,569,6064,467,7364,560,1674,550,1754,543,3984,684,2194,744,1434,738,9594,581,6334,170,1184,715,4064,502,1494,470,5194,036,9903,891,1163,652,1143,919,4223,890,1573,690,5562,864,1222,811,7622,823,7902,584,4562,485,4542,533,0192,505,8862,487,2952,374,1662,316,9012,272,7562,302,3022,350,3802,089,3481,749,1161,662,214814,059726,111733,349749,154659,595676,492605,523552,934457,663440,198405,966431,106383,910325,011345,600348,656311,405318,83162,606149,75732,747121,37512,66243,20631,91689,49562,16442,79843,28877,00675,98273,78761,91629,662
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,546,640
4,675,398
4,859,549
7,318,888
7,663,994
7,865,066
7,945,203
8,128,850
8,438,957
8,519,009
8,546,307
8,921,455
8,764,369
8,757,598
8,729,354
8,964,104
8,860,060
9,098,138
9,116,400
9,116,4009,098,1388,860,0608,964,1048,729,3548,757,5988,764,3698,921,4558,546,3078,519,0098,438,9578,128,8507,945,2037,865,0667,663,9947,318,8884,859,5494,675,3984,546,640000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
18,464
18,590
19,142
20,155
19,765
19,481
19,234
20,400
19,909
20,228
19,803
19,611
19,122
18,652
73,528
78,139
111,758
176,180
108,697
175,178
106,142
179,172
120,957
176,220
112,217
217,815
118,583
167,333
107,837
177,830
106,039
174,042
98,733
172,129
100,659
178,425
108,054
177,071
111,819
184,090
115,193
181,111
143,013
217,451
145,766
233,351
162,244
256,405
185,181
275,237
1,849,869
2,016,973
1,831,906
1,813,002
1,715,858
1,658,952
1,641,269
1,629,684
1,620,627
1,644,287
1,665,487
1,664,795
1,676,297
1,683,114
1,653,965
1,657,951
1,780,039
1,832,079
1,867,073
2,045,034
2,078,815
2,070,557
2,089,542
2,199,272
2,255,236
2,345,197
2,516,392
2,600,707
2,660,062
2,464,467
2,755,859
2,839,652
2,805,679
2,835,574
2,786,902
2,810,148
2,810,031
2,780,392
2,769,843
2,876,853
2,862,353
2,862,3532,876,8532,769,8432,780,3922,810,0312,810,1482,786,9022,835,5742,805,6792,839,6522,755,8592,464,4672,660,0622,600,7072,516,3922,345,1972,255,2362,199,2722,089,5422,070,5572,078,8152,045,0341,867,0731,832,0791,780,0391,657,9511,653,9651,683,1141,676,2971,664,7951,665,4871,644,2871,620,6271,629,6841,641,2691,658,9521,715,8581,813,0021,831,9062,016,9731,849,869275,237185,181256,405162,244233,351145,766217,451143,013181,111115,193184,090111,819177,071108,054178,425100,659172,12998,733174,042106,039177,830107,837167,333118,583217,815112,217176,220120,957179,172106,142175,178108,697176,180111,75878,13973,52818,65219,12219,61119,80320,22819,90920,40019,23419,48119,76520,15519,14218,59018,464
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
104,013
104,013
104,013
104,013
104,013
104,013
104,013
104,013
824,706
824,706
824,706
608,498
608,498
608,498
651,135
608,498
612,245
1,522,357
1,568,915
1,479,669
1,479,669
1,479,669
1,584,446
1,501,352
1,646,738
1,646,738
1,646,738
1,380,355
1,380,355
1,380,355
1,380,355
1,312,859
1,312,859
1,312,859
1,312,859
1,123,822
1,123,822
1,123,822
1,123,822
1,123,8221,123,8221,123,8221,123,8221,312,8591,312,8591,312,8591,312,8591,380,3551,380,3551,380,3551,380,3551,646,7381,646,7381,646,7381,501,3521,584,4461,479,6691,479,6691,479,6691,568,9151,522,357612,245608,498651,135608,498608,498608,498824,706824,706824,706104,013104,013104,013104,013104,013104,013104,013104,0130000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
422,995
439,058
30,127
30,127
30,127
30,127
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000030,12730,12730,12730,127439,058422,995000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
7,709
7,626
7,543
9,010
8,924
8,883
8,754
8,669
8,583
8,498
8,413
8,327
8,242
8,157
11,714
13,368
68,458
2,535
68,020
2,732
68,814
1,883
68,183
833
65,503
375
64,300
0
57,022
71,681
71,371
70,780
70,376
179
125,498
184
140,386
167
151,510
146
162,112
141
164,300
141
180,075
39,751
227,033
19,938
209,858
19,105
383,857
36,977
347,420
344,885
375,026
335,589
336,749
321,211
335,695
337,979
1,071,075
1,087,494
1,084,050
870,044
875,746
872,780
920,189
893,127
880,223
285,176
292,952
331,192
551,533
285,976
595,035
609,345
639,004
653,924
691,327
708,824
723,225
738,815
760,957
808,250
825,740
842,802
868,924
893,869
907,594
946,506
1,007,985
1,007,985946,506907,594893,869868,924842,802825,740808,250760,957738,815723,225708,824691,327653,924639,004609,345595,035285,976551,533331,192292,952285,176880,223893,127920,189872,780875,746870,0441,084,0501,087,4941,071,075337,979335,695321,211336,749335,589375,026344,885347,42036,977383,85719,105209,85819,938227,03339,751180,075141164,300141162,112146151,510167140,386184125,49817970,37670,78071,37171,68157,022064,30037565,50383368,1831,88368,8142,73268,0202,53568,45813,36811,7148,1578,2428,3278,4138,4988,5838,6698,7548,8838,9249,0107,5437,6267,709
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,694
13,611
13,271
98,325
117,840
143,624
2,748,294
435,353
447,882
453,424
451,897
372,810
207,268
207,695
212,102
532,036
442,727
504,689
484,814
484,814504,689442,727532,036212,102207,695207,268372,810451,897453,424447,882435,3532,748,294143,624117,84098,32513,27113,6113,694000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
404,663
608,927
1,088,571
655,139
442,518
435,601
380,529
418,368
428,360
355,662
413,528
294,509
562,580
329,250
367,612
308,857
787,509
869,463
851,651
907,186
985,711
1,083,304
1,178,870
1,010,855
1,105,203
1,064,037
1,201,101
1,180,382
1,247,008
1,326,018
1,433,891
1,262,838
1,282,057
2,009,593
3,463,845
3,847,819
3,783,182
3,744,077
3,623,688
3,628,450
3,616,356
3,814,564
4,367,132
4,252,215
4,143,885
5,032,734
5,208,465
5,874,359
5,639,453
5,673,608
9,263,729
8,917,362
9,478,439
9,032,726
8,712,370
8,721,980
8,964,403
9,014,029
9,628,326
10,119,309
11,002,627
11,941,734
11,924,655
11,839,420
11,974,669
12,049,811
12,221,707
12,302,301
12,142,860
15,944,781
15,597,939
15,207,199
14,730,661
16,092,066
16,725,717
18,822,047
21,421,054
23,795,718
22,277,928
20,973,678
20,423,782
19,986,639
19,565,453
18,601,091
19,500,568
18,820,099
20,241,588
22,725,526
25,116,047
25,817,936
24,497,886
24,497,88625,817,93625,116,04722,725,52620,241,58818,820,09919,500,56818,601,09119,565,45319,986,63920,423,78220,973,67822,277,92823,795,71821,421,05418,822,04716,725,71716,092,06614,730,66115,207,19915,597,93915,944,78112,142,86012,302,30112,221,70712,049,81111,974,66911,839,42011,924,65511,941,73411,002,62710,119,3099,628,3269,014,0298,964,4038,721,9808,712,3709,032,7269,478,4398,917,3629,263,7295,673,6085,639,4535,874,3595,208,4655,032,7344,143,8854,252,2154,367,1323,814,5643,616,3563,628,4503,623,6883,744,0773,783,1823,847,8193,463,8452,009,5931,282,0571,262,8381,433,8911,326,0181,247,0081,180,3821,201,1011,064,0371,105,2031,010,8551,178,8701,083,304985,711907,186851,651869,463787,509308,857367,612329,250562,580294,509413,528355,662428,360418,368380,529435,601442,518655,1391,088,571608,927404,663
   > Total Current Liabilities 
328,653
532,927
1,012,571
579,139
386,518
379,601
344,529
382,368
412,360
339,662
413,528
294,509
562,580
329,251
367,612
308,857
787,509
869,463
851,651
894,185
968,911
1,066,504
1,086,069
918,055
1,010,928
970,553
1,105,287
985,699
1,075,522
1,195,754
1,278,772
1,126,478
1,127,806
1,453,929
2,280,006
1,959,933
1,902,704
1,897,476
1,778,182
1,790,449
1,775,270
1,975,630
2,542,175
2,425,898
2,314,988
3,206,684
3,374,605
4,027,755
3,793,470
3,829,200
7,391,410
7,034,452
7,606,100
7,162,048
6,825,282
6,788,431
7,023,339
7,078,593
7,708,271
8,122,017
9,020,234
9,964,751
9,945,531
9,922,597
10,050,094
10,104,220
10,262,724
10,390,909
10,227,530
13,896,866
13,503,069
12,806,742
12,415,989
13,674,118
13,652,849
15,840,109
18,079,629
19,972,556
19,034,999
17,132,563
16,446,049
15,351,921
14,600,179
13,497,075
13,816,839
13,202,638
14,665,120
18,012,745
19,244,640
19,834,099
19,038,387
19,038,38719,834,09919,244,64018,012,74514,665,12013,202,63813,816,83913,497,07514,600,17915,351,92116,446,04917,132,56319,034,99919,972,55618,079,62915,840,10913,652,84913,674,11812,415,98912,806,74213,503,06913,896,86610,227,53010,390,90910,262,72410,104,22010,050,0949,922,5979,945,5319,964,7519,020,2348,122,0177,708,2717,078,5937,023,3396,788,4316,825,2827,162,0487,606,1007,034,4527,391,4103,829,2003,793,4704,027,7553,374,6053,206,6842,314,9882,425,8982,542,1751,975,6301,775,2701,790,4491,778,1821,897,4761,902,7041,959,9332,280,0061,453,9291,127,8061,126,4781,278,7721,195,7541,075,522985,6991,105,287970,5531,010,928918,0551,086,0691,066,504968,911894,185851,651869,463787,509308,857367,612329,251562,580294,509413,528339,662412,360382,368344,529379,601386,518579,1391,012,571532,927328,653
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
800,000
1,100,000
830,000
2,755,990
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000002,755,990830,0001,100,000800,000000000000000000000000000000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
800,000
1,100,000
830,000
2,755,990
4,212,802
3,008,269
3,581,970
2,607,012
2,087,000
1,750,000
1,460,000
1,490,256
1,284,206
1,359,000
1,066,000
997,639
1,836,445
2,072,117
2,053,925
2,053,9252,072,1171,836,445997,6391,066,0001,359,0001,284,2061,490,2561,460,0001,750,0002,087,0002,607,0123,581,9703,008,2694,212,8022,755,990830,0001,100,000800,000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
88,056
155,126
634,971
438,132
198,349
229,559
212,687
236,224
197,306
192,765
245,654
168,053
438,328
278,175
294,666
224,504
338,574
284,329
246,592
245,028
303,801
296,501
325,189
325,693
374,876
355,197
465,818
407,349
516,048
507,422
517,556
380,818
448,044
648,903
1,349,829
830,149
927,153
898,220
848,488
774,351
833,353
933,270
1,005,937
1,035,080
1,187,168
1,426,094
1,740,283
2,113,328
2,095,703
2,201,087
3,540,424
2,971,142
3,206,238
3,353,824
3,569,916
3,541,362
3,826,332
4,059,800
4,404,481
4,334,761
5,035,701
5,555,553
5,767,576
5,817,442
6,110,229
6,337,174
6,445,935
5,329,151
6,277,257
5,901,495
6,668,848
5,017,114
6,235,231
6,902,796
7,322,539
6,446,389
6,306,322
5,600,879
7,283,692
5,936,674
7,151,796
6,658,624
7,082,571
6,504,312
7,011,908
6,754,674
7,628,307
8,770,630
11,407,598
10,587,224
10,660,297
10,660,29710,587,22411,407,5988,770,6307,628,3076,754,6747,011,9086,504,3127,082,5716,658,6247,151,7965,936,6747,283,6925,600,8796,306,3226,446,3897,322,5396,902,7966,235,2315,017,1146,668,8485,901,4956,277,2575,329,1516,445,9356,337,1746,110,2295,817,4425,767,5765,555,5535,035,7014,334,7614,404,4814,059,8003,826,3323,541,3623,569,9163,353,8243,206,2382,971,1423,540,4242,201,0872,095,7032,113,3281,740,2831,426,0941,187,1681,035,0801,005,937933,270833,353774,351848,488898,220927,153830,1491,349,829648,903448,044380,818517,556507,422516,048407,349465,818355,197374,876325,693325,189296,501303,801245,028246,592284,329338,574224,504294,666278,175438,328168,053245,654192,765197,306236,224212,687229,559198,349438,132634,971155,12688,056
       Other Current Liabilities 
240,597
347,801
347,600
141,007
168,169
130,042
91,842
106,144
175,054
106,897
131,874
90,456
108,252
35,076
72,946
84,353
448,935
585,134
605,059
649,157
665,110
770,003
760,880
592,362
636,052
615,356
639,469
578,350
559,474
688,332
761,216
745,660
679,762
752,526
727,677
768,979
653,688
679,256
657,694
796,098
660,917
822,360
1,256,238
1,110,818
817,820
1,470,590
1,509,476
1,767,436
1,550,776
1,528,113
1,901,974
1,838,289
2,128,718
2,237,294
2,111,646
2,353,879
2,323,617
2,025,743
2,306,460
2,791,547
2,839,918
3,320,728
3,233,485
3,436,685
3,271,395
3,124,045
3,048,126
4,391,388
3,285,272
5,557,606
4,993,681
5,027,937
11,039
16,577
6,463
4,986,410
7,386,691
8,886,730
7,955,905
7,195,026
7,007,127
5,840,654
5,796,944
5,147,936
5,271,893
4,158,761
5,264,642
368,746
239,124
6,037,155
339,239
339,2396,037,155239,124368,7465,264,6424,158,7615,271,8935,147,9365,796,9445,840,6547,007,1277,195,0267,955,9058,886,7307,386,6914,986,4106,46316,57711,0395,027,9374,993,6815,557,6063,285,2724,391,3883,048,1263,124,0453,271,3953,436,6853,233,4853,320,7282,839,9182,791,5472,306,4602,025,7432,323,6172,353,8792,111,6462,237,2942,128,7181,838,2891,901,9741,528,1131,550,7761,767,4361,509,4761,470,590817,8201,110,8181,256,238822,360660,917796,098657,694679,256653,688768,979727,677752,526679,762745,660761,216688,332559,474578,350639,469615,356636,052592,362760,880770,003665,110649,157605,059585,134448,93584,35372,94635,076108,25290,456131,874106,897175,054106,14491,842130,042168,169141,007347,600347,801240,597
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,314,672
2,417,948
3,072,868
2,981,938
3,341,425
3,823,161
3,242,929
3,841,115
3,977,733
4,634,719
4,965,274
5,104,015
5,683,728
5,617,461
5,576,468
4,712,781
5,871,407
5,983,837
5,459,499
5,459,4995,983,8375,871,4074,712,7815,576,4685,617,4615,683,7285,104,0154,965,2744,634,7193,977,7333,841,1153,242,9293,823,1613,341,4252,981,9383,072,8682,417,9482,314,672000000000000000000000000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-800,000
-1,100,000
-830,000
-2,755,990
0
0
0
0
138,830
124,392
113,262
164,488
157,403
207,654
225,557
185,869
183,294
257,565
294,250
294,250257,565183,294185,869225,557207,654157,403164,488113,262124,392138,8300000-2,755,990-830,000-1,100,000-800,000000000000000000000000000000000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
468,835
568,835
265
265
265
265
265
3,431
3,431
3,431
3,431
3,431
1,876,826
0
1,873,105
0
2,023,563
0
2,048,744
2,048,74402,023,56301,873,10501,876,8263,4313,4313,4313,4313,431265265265265265568,835468,835000000000000000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
203,192
229,595
247,443
274,072
290,205
309,279
338,699
335,287
333,394
357,599
417,356
432,939
422,804
439,402
465,538
520,414
530,026
537,688
0
0
575,028
0
0575,02800537,688530,026520,414465,538439,402422,804432,939417,356357,599333,394335,287338,699309,279290,205274,072247,443229,595203,192000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
397,696
512,653
517,333
550,112
562,073
572,253
582,148
582,210
587,492
594,936
600,894
624,625
626,045
605,868
611,191
610,320
624,919
650,244
666,215
683,350
698,028
596,802
614,689
628,344
647,636
706,525
752,628
1,433,363
1,318,847
1,152,985
1,058,043
1,058,658
1,145,983
1,238,620
1,246,724
1,465,903
1,502,585
1,406,217
1,458,746
1,455,237
1,521,134
1,559,345
1,567,047
1,662,969
1,765,014
1,831,258
1,880,591
2,000,474
2,107,291
2,131,194
3,278,603
3,437,604
4,502,986
4,513,143
4,694,921
4,975,972
5,189,025
5,198,780
5,264,277
5,400,317
5,608,336
5,686,431
6,689,144
6,878,891
7,227,301
7,329,468
7,601,434
7,759,494
8,187,862
7,983,092
8,392,835
8,451,695
8,860,992
8,676,829
8,957,066
8,994,903
9,258,930
9,477,986
9,938,395
10,005,293
10,218,038
10,273,231
10,447,619
10,258,003
10,504,234
10,680,056
10,830,641
10,815,778
11,084,871
11,140,228
11,189,878
11,189,87811,140,22811,084,87110,815,77810,830,64110,680,05610,504,23410,258,00310,447,61910,273,23110,218,03810,005,2939,938,3959,477,9869,258,9308,994,9038,957,0668,676,8298,860,9928,451,6958,392,8357,983,0928,187,8627,759,4947,601,4347,329,4687,227,3016,878,8916,689,1445,686,4315,608,3365,400,3175,264,2775,198,7805,189,0254,975,9724,694,9214,513,1434,502,9863,437,6043,278,6032,131,1942,107,2912,000,4741,880,5911,831,2581,765,0141,662,9691,567,0471,559,3451,521,1341,455,2371,458,7461,406,2171,502,5851,465,9031,246,7241,238,6201,145,9831,058,6581,058,0431,152,9851,318,8471,433,363752,628706,525647,636628,344614,689596,802698,028683,350666,215650,244624,919610,320611,191605,868626,045624,625600,894594,936587,492582,210582,148572,253562,073550,112517,333512,653397,696
   Common Stock
120,000
130,350
130,350
130,350
130,350
130,350
130,350
130,350
130,350
208,560
208,560
208,560
208,560
208,560
208,560
208,560
208,560
208,560
208,560
208,560
208,560
239,198
239,198
239,198
239,198
239,198
239,198
239,198
239,198
239,198
239,198
239,198
239,198
239,198
239,198
239,198
239,198
310,958
310,958
310,958
310,958
310,958
310,958
310,958
310,958
310,958
310,958
310,958
310,958
310,958
457,384
457,384
506,257
1,012,513
1,012,513
1,012,513
1,012,513
1,012,513
1,012,513
1,012,513
1,012,513
1,012,513
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,068,486
1,495,880
1,495,880
0
0
1,495,880
0
01,495,880001,495,8801,495,8801,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,068,4861,012,5131,012,5131,012,5131,012,5131,012,5131,012,5131,012,5131,012,5131,012,513506,257457,384457,384310,958310,958310,958310,958310,958310,958310,958310,958310,958310,958310,958310,958310,958239,198239,198239,198239,198239,198239,198239,198239,198239,198239,198239,198239,198239,198239,198239,198239,198208,560208,560208,560208,560208,560208,560208,560208,560208,560208,560208,560208,560130,350130,350130,350130,350130,350130,350130,350130,350120,000
   Retained Earnings 
50,154
33,574
38,255
59,767
71,728
81,908
91,802
82,838
88,120
95,564
101,522
116,770
118,191
97,593
103,336
101,155
115,754
141,079
156,600
159,219
173,897
72,671
90,558
99,166
116,045
173,972
213,539
320,286
350,092
304,160
333,916
371,945
415,607
476,799
523,429
551,947
603,940
537,308
595,553
605,475
663,303
718,060
763,534
842,016
936,259
1,013,105
1,078,564
1,138,412
1,247,089
1,292,345
1,519,172
1,795,565
2,134,539
1,633,460
1,791,526
1,900,066
2,077,932
2,108,581
2,252,404
2,349,466
2,604,967
2,674,829
2,911,056
3,113,265
3,442,982
3,481,472
3,940,943
4,136,994
4,563,610
4,649,927
5,050,622
5,337,818
5,228,769
5,044,606
5,324,844
5,856,290
6,120,318
6,339,373
6,799,946
6,872,123
7,085,068
7,139,957
7,314,533
7,125,977
7,374,247
7,122,769
7,273,234
6,663,233
6,932,004
7,564,713
7,036,627
7,036,6277,564,7136,932,0046,663,2337,273,2347,122,7697,374,2477,125,9777,314,5337,139,9577,085,0686,872,1236,799,9466,339,3736,120,3185,856,2905,324,8445,044,6065,228,7695,337,8185,050,6224,649,9274,563,6104,136,9943,940,9433,481,4723,442,9823,113,2652,911,0562,674,8292,604,9672,349,4662,252,4042,108,5812,077,9321,900,0661,791,5261,633,4602,134,5391,795,5651,519,1721,292,3451,247,0891,138,4121,078,5641,013,105936,259842,016763,534718,060663,303605,475595,553537,308603,940551,947523,429476,799415,607371,945333,916304,160350,092320,286213,539173,972116,04599,16690,55872,671173,897159,219156,600141,079115,754101,155103,33697,593118,191116,770101,52295,56488,12082,83891,80281,90871,72859,76738,25533,57450,154
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
235,911
244,958
0
0
0
0
22,822
22,822
22,822
22,658
19,895
19,695
20,000
19,811
18,393
17,670
17,576
17,695
0
0
26,795
0
026,7950017,69517,57617,67018,39319,81120,00019,69519,89522,65822,82222,82222,8220000244,958235,911000000000000000000000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue40,472,187
Cost of Revenue-35,866,187
Gross Profit4,606,0004,606,000
 
Operating Income (+$)
Gross Profit4,606,000
Operating Expense-38,895,123
Operating Income1,577,064-34,289,123
 
Operating Expense (+$)
Research Development101,815
Selling General Administrative2,046,299
Selling And Marketing Expenses-
Operating Expense38,895,1232,148,114
 
Net Interest Income (+$)
Interest Income22,094
Interest Expense-206,580
Other Finance Cost-29,482
Net Interest Income-155,004
 
Pretax Income (+$)
Operating Income1,577,064
Net Interest Income-155,004
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,070,0221,577,064
EBIT - interestExpense = -206,580
563,102
769,682
Interest Expense206,580
Earnings Before Interest and Taxes (EBIT)-1,276,601
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax1,070,022
Tax Provision-336,446
Net Income From Continuing Ops733,575733,575
Net Income563,102
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-155,004
 

Technical Analysis of Meheco
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 Meheco. The general trend of Meheco is BEARISH 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 Meheco'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 China Meheco Co Ltd.

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

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

The bullish price targets are: 10.99 < 11.60 < 11.69.

The bearish price targets are: 9.81 > 9.78.

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China Meheco 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 China Meheco Co Ltd. The current mas is .

The long score for the Moving Averages is 2/14.
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 lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +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 down: The MA 100 is trending down. -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

China Meheco 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 China Meheco Co Ltd. The current macd is -0.05819136.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Meheco price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Meheco. 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 Meheco 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 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
China Meheco Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartChina Meheco 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 China Meheco Co Ltd. The current adx is 22.09.

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 Meheco 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.
China Meheco 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 China Meheco Co Ltd. The current sar is 11.73.

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
China Meheco 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 China Meheco Co Ltd. The current rsi is 40.10. 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
China Meheco Co Ltd Daily Relative Strength Index (RSI) ChartChina Meheco 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 China Meheco Co Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-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 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 Meheco price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
China Meheco Co Ltd Daily Stochastic Oscillator ChartChina Meheco 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 China Meheco Co Ltd. The current cci is -159.77961433.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
China Meheco Co Ltd Daily Commodity Channel Index (CCI) ChartChina Meheco 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 China Meheco Co Ltd. The current cmo is -35.533076.

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
China Meheco Co Ltd Daily Chande Momentum Oscillator (CMO) ChartChina Meheco 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 China Meheco Co Ltd. The current willr is -90.47619048.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
China Meheco Co Ltd Daily Williams %R ChartChina Meheco 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 China Meheco Co Ltd.

China Meheco 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 China Meheco Co Ltd. The current atr is 0.24841054.

China Meheco Co Ltd Daily Average True Range (ATR) ChartChina Meheco 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 China Meheco Co Ltd. The current obv is 270,199,160.

China Meheco Co Ltd Daily On-Balance Volume (OBV) ChartChina Meheco 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 China Meheco Co Ltd. The current mfi is 46.95.

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
China Meheco Co Ltd Daily Money Flow Index (MFI) ChartChina Meheco Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for China Meheco Co Ltd.

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

China Meheco Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.096
Ma 20Greater thanMa 5011.202
Ma 50Greater thanMa 10011.021
Ma 100Greater thanMa 20011.331
OpenGreater thanClose10.810
Total1/5 (20.0%)
Penke

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