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Tianjin Hi-Tech Development Co Ltd
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Let's analyse Tianjin Hi-Tech Development Co Ltd together

PenkeI guess you are interested in Tianjin Hi-Tech Development 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 Tianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd (30 sec.)










What can you expect buying and holding a share of Tianjin Hi-Tech Development Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.02
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥2.67
Expected worth in 1 year
¥2.68
How sure are you?
87.5%

+ What do you gain per year?

Total Gains per Share
¥0.13
Return On Investment
4.8%

For what price can you sell your share?

Current Price per Share
¥2.73
Expected price per share
¥1.96 - ¥2.88
How sure are you?
50%

1. Valuation of Tianjin Hi-Tech Development Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥2.73

Intrinsic Value Per Share

¥7.22 - ¥8.62

Total Value Per Share

¥9.89 - ¥11.29

2. Growth of Tianjin Hi-Tech Development Co Ltd (5 min.)




Is Tianjin Hi-Tech Development Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$238.3m$239.3m$1.9m0.8%

How much money is Tianjin Hi-Tech Development Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$357.9k$635.9k-$278k-77.7%
Net Profit Margin-1.8%-5.0%--

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

3. Financial Health of Tianjin Hi-Tech Development Co Ltd (5 min.)




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




  Industry Rankings (Conglomerates)  


Richest
#144 / 248

Most Revenue
#187 / 248

Most Profit
#173 / 248

Most Efficient
#191 / 248

What can you expect buying and holding a share of Tianjin Hi-Tech Development Co Ltd? (5 min.)

Welcome investor! Tianjin Hi-Tech Development Co Ltd's management wants to use your money to grow the business. In return you get a share of Tianjin Hi-Tech Development Co Ltd.

What can you expect buying and holding a share of Tianjin Hi-Tech Development Co Ltd?

First you should know what it really means to hold a share of Tianjin Hi-Tech Development Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Tianjin Hi-Tech Development Co Ltd is ¥2.73. 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 Tianjin Hi-Tech Development 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 Tianjin Hi-Tech Development 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 ¥2.67. Based on the TTM, the Book Value Change Per Share is ¥0.00 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.01 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 ¥0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Tianjin Hi-Tech Development Co Ltd.

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 Eps0.00-0.1%0.00-0.1%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.00-0.1%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Dividend Per Share0.000.1%0.000.1%0.000.1%0.000.2%0.010.2%
Usd Total Gains Per Share0.000.0%0.000.2%0.000.1%0.000.2%0.010.2%
Usd Price Per Share0.45-0.45-0.56-0.51-0.68-
Price to Earnings Ratio-29.79--33.50--42.91--60.60-0.63-
Price-to-Total Gains Ratio-605.91-127.83-153.42-79.62-82.64-
Price to Book Ratio1.23-1.20-1.52-1.38-1.85-
Price-to-Total Gains Ratio-605.91-127.83-153.42-79.62-82.64-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.377832
Number of shares2646
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (2646 shares)11.8912.10
Gains per Year (2646 shares)47.5748.42
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
14263844538
283128688986
31251813413214134
41672318217618182
52092923021923230
62503527826327278
72924132630732326
83344737435136374
93755342239541422
104175947043945470

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%2.010.00.016.7%5.015.00.025.0%14.016.010.035.0%60.016.011.069.0%
Book Value Change Per Share1.03.00.025.0%3.09.00.025.0%6.014.00.030.0%14.026.00.035.0%54.033.00.062.1%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%81.00.06.093.1%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%16.04.00.080.0%35.05.00.087.5%79.08.00.090.8%

Fundamentals of Tianjin Hi-Tech Development Co Ltd

About Tianjin Hi-Tech Development Co Ltd

Tianjin Hi-Tech Development Co.,Ltd. engages in the construction, operation, and industrial investment of the high-tech zone infrastructure in China. It is also involved in the park development, high-tech industry investment, incubation services, trade, and other businesses. The company was founded in 1992 and is based in Tianjin, China.

Fundamental data was last updated by Penke on 2024-03-26 14:53:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
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 underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Tianjin Hi-Tech Development Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Tianjin Hi-Tech Development Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Tianjin Hi-Tech Development Co Ltd to the Conglomerates industry mean.
  • A Net Profit Margin of -12.9% means that ¥-0.13 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Tianjin Hi-Tech Development Co Ltd:

  • The MRQ is -12.9%. The company is making a huge loss. -2
  • The TTM is -1.8%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-12.9%TTM-1.8%-11.1%
TTM-1.8%YOY-5.0%+3.2%
TTM-1.8%5Y-2.4%+0.7%
5Y-2.4%10Y1.4%-3.9%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ-12.9%4.1%-17.0%
TTM-1.8%3.9%-5.7%
YOY-5.0%3.8%-8.8%
5Y-2.4%2.9%-5.3%
10Y1.4%3.8%-2.4%
1.1.2. Return on Assets

Shows how efficient Tianjin Hi-Tech Development Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Tianjin Hi-Tech Development Co Ltd to the Conglomerates industry mean.
  • -0.6% Return on Assets means that Tianjin Hi-Tech Development Co Ltd generated ¥-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Tianjin Hi-Tech Development Co Ltd:

  • The MRQ is -0.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-0.6%TTM0.1%-0.7%
TTM0.1%YOY0.2%-0.1%
TTM0.1%5Y0.1%+0.0%
5Y0.1%10Y0.1%-0.1%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.6%0.8%-1.4%
TTM0.1%0.8%-0.7%
YOY0.2%0.8%-0.6%
5Y0.1%0.7%-0.6%
10Y0.1%0.8%-0.7%
1.1.3. Return on Equity

Shows how efficient Tianjin Hi-Tech Development Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Tianjin Hi-Tech Development Co Ltd to the Conglomerates industry mean.
  • -1.0% Return on Equity means Tianjin Hi-Tech Development Co Ltd generated ¥-0.01 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Tianjin Hi-Tech Development Co Ltd:

  • The MRQ is -1.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 0.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-1.0%TTM0.1%-1.2%
TTM0.1%YOY0.3%-0.1%
TTM0.1%5Y0.1%+0.0%
5Y0.1%10Y0.3%-0.2%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.0%2.1%-3.1%
TTM0.1%2.0%-1.9%
YOY0.3%3.1%-2.8%
5Y0.1%1.9%-1.8%
10Y0.3%2.2%-1.9%

1.2. Operating Efficiency of Tianjin Hi-Tech Development Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Tianjin Hi-Tech Development Co Ltd is operating .

  • Measures how much profit Tianjin Hi-Tech Development Co Ltd makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Tianjin Hi-Tech Development Co Ltd to the Conglomerates 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 Tianjin Hi-Tech Development Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM10.0%-10.0%
TTM10.0%YOY4.5%+5.6%
TTM10.0%5Y8.4%+1.6%
5Y8.4%10Y5.0%+3.4%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.1%-8.1%
TTM10.0%4.7%+5.3%
YOY4.5%7.0%-2.5%
5Y8.4%5.6%+2.8%
10Y5.0%5.1%-0.1%
1.2.2. Operating Ratio

Measures how efficient Tianjin Hi-Tech Development Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Conglomerates industry mean).
  • An Operation Ratio of 2.01 means that the operating costs are ¥2.01 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Tianjin Hi-Tech Development Co Ltd:

  • The MRQ is 2.006. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.534. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.006TTM1.534+0.472
TTM1.534YOY1.851-0.317
TTM1.5345Y1.737-0.203
5Y1.73710Y1.338+0.399
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0061.508+0.498
TTM1.5341.497+0.037
YOY1.8511.422+0.429
5Y1.7371.409+0.328
10Y1.3381.189+0.149

1.3. Liquidity of Tianjin Hi-Tech Development Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Tianjin Hi-Tech Development Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Conglomerates industry mean).
  • A Current Ratio of 2.42 means the company has ¥2.42 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Tianjin Hi-Tech Development Co Ltd:

  • The MRQ is 2.418. The company is able to pay all its short-term debts. +1
  • The TTM is 2.674. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.418TTM2.674-0.255
TTM2.674YOY2.879-0.205
TTM2.6745Y2.821-0.147
5Y2.82110Y1.523+1.297
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4181.466+0.952
TTM2.6741.480+1.194
YOY2.8791.475+1.404
5Y2.8211.555+1.266
10Y1.5231.494+0.029
1.3.2. Quick Ratio

Measures if Tianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd to the Conglomerates industry mean.
  • A Quick Ratio of 0.13 means the company can pay off ¥0.13 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Tianjin Hi-Tech Development Co Ltd:

  • The MRQ is 0.129. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.144. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.129TTM0.144-0.015
TTM0.144YOY0.172-0.028
TTM0.1445Y0.133+0.011
5Y0.13310Y0.075+0.058
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1290.719-0.590
TTM0.1440.753-0.609
YOY0.1720.801-0.629
5Y0.1330.864-0.731
10Y0.0750.826-0.751

1.4. Solvency of Tianjin Hi-Tech Development Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Tianjin Hi-Tech Development Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Tianjin Hi-Tech Development Co Ltd to Conglomerates industry mean.
  • A Debt to Asset Ratio of 0.42 means that Tianjin Hi-Tech Development Co Ltd assets are financed with 41.9% credit (debt) and the remaining percentage (100% - 41.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Tianjin Hi-Tech Development Co Ltd:

  • The MRQ is 0.419. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.381. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.419TTM0.381+0.038
TTM0.381YOY0.368+0.013
TTM0.3815Y0.408-0.028
5Y0.40810Y0.455-0.046
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4190.551-0.132
TTM0.3810.559-0.178
YOY0.3680.563-0.195
5Y0.4080.569-0.161
10Y0.4550.556-0.101
1.4.2. Debt to Equity Ratio

Measures if Tianjin Hi-Tech Development Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Tianjin Hi-Tech Development Co Ltd to the Conglomerates industry mean.
  • A Debt to Equity ratio of 72.1% means that company has ¥0.72 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Tianjin Hi-Tech Development Co Ltd:

  • The MRQ is 0.721. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.617. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.721TTM0.617+0.104
TTM0.617YOY0.581+0.035
TTM0.6175Y0.698-0.081
5Y0.69810Y0.853-0.156
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7211.308-0.587
TTM0.6171.348-0.731
YOY0.5811.456-0.875
5Y0.6981.574-0.876
10Y0.8531.498-0.645

2. Market Valuation of Tianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd generates.

  • Above 15 is considered overpriced but always compare Tianjin Hi-Tech Development Co Ltd to the Conglomerates industry mean.
  • A PE ratio of -29.79 means the investor is paying ¥-29.79 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Tianjin Hi-Tech Development Co Ltd:

  • The EOD is -24.798. Based on the earnings, the company is expensive. -2
  • The MRQ is -29.794. Based on the earnings, the company is expensive. -2
  • The TTM is -33.499. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-24.798MRQ-29.794+4.996
MRQ-29.794TTM-33.499+3.705
TTM-33.499YOY-42.911+9.412
TTM-33.4995Y-60.598+27.099
5Y-60.59810Y0.632-61.230
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD-24.7987.557-32.355
MRQ-29.7947.358-37.152
TTM-33.4997.358-40.857
YOY-42.9117.337-50.248
5Y-60.5988.424-69.022
10Y0.63214.700-14.068
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Tianjin Hi-Tech Development Co Ltd:

  • The EOD is 6.448. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 7.747. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 13.689. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.448MRQ7.747-1.299
MRQ7.747TTM13.689-5.942
TTM13.689YOY-51.328+65.017
TTM13.6895Y-565.303+578.993
5Y-565.30310Y-281.968-283.336
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD6.4482.262+4.186
MRQ7.7472.098+5.649
TTM13.6891.082+12.607
YOY-51.3280.520-51.848
5Y-565.3030.861-566.164
10Y-281.9680.702-282.670
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Tianjin Hi-Tech Development Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Conglomerates industry mean).
  • A PB ratio of 1.23 means the investor is paying ¥1.23 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Tianjin Hi-Tech Development Co Ltd:

  • The EOD is 1.024. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.231. Based on the equity, the company is underpriced. +1
  • The TTM is 1.204. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.024MRQ1.231-0.206
MRQ1.231TTM1.204+0.026
TTM1.204YOY1.519-0.315
TTM1.2045Y1.384-0.180
5Y1.38410Y1.853-0.469
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD1.0240.950+0.074
MRQ1.2310.901+0.330
TTM1.2040.944+0.260
YOY1.5191.032+0.487
5Y1.3841.110+0.274
10Y1.8531.303+0.550
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Tianjin Hi-Tech Development 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---0.0280.004-788%0.007-487%0.003-992%0.001-2178%
Book Value Per Share--2.6652.699-1%2.6770%2.660+0%2.652+0%
Current Ratio--2.4182.674-10%2.879-16%2.821-14%1.523+59%
Debt To Asset Ratio--0.4190.381+10%0.368+14%0.408+3%0.455-8%
Debt To Equity Ratio--0.7210.617+17%0.581+24%0.698+3%0.853-16%
Dividend Per Share--0.0220.028-22%0.021+3%0.030-26%0.045-51%
Eps---0.028-0.024-11%0.007-487%-0.002-92%0.005-641%
Free Cash Flow Per Share--0.1060.152-31%-0.015+114%0.054+98%0.053+99%
Free Cash Flow To Equity Per Share--0.1060.068+55%-0.112+206%-0.039+137%-0.003+103%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.750+33%
Intrinsic Value_10Y_max--8.623--------
Intrinsic Value_10Y_min--7.223--------
Intrinsic Value_1Y_max--0.280--------
Intrinsic Value_1Y_min--0.275--------
Intrinsic Value_3Y_max--1.286--------
Intrinsic Value_3Y_min--1.219--------
Intrinsic Value_5Y_max--2.829--------
Intrinsic Value_5Y_min--2.588--------
Market Cap1763896592.640-20%2119260375.0402099876896.000+1%2628076699.840-19%2377706762.240-11%3173560105.824-33%
Net Profit Margin---0.129-0.018-86%-0.050-61%-0.024-81%0.014-991%
Operating Margin---0.100-100%0.045-100%0.084-100%0.050-100%
Operating Ratio--2.0061.534+31%1.851+8%1.737+15%1.338+50%
Pb Ratio1.024-20%1.2311.204+2%1.519-19%1.384-11%1.853-34%
Pe Ratio-24.798+17%-29.794-33.499+12%-42.911+44%-60.598+103%0.632-4813%
Price Per Share2.730-20%3.2803.250+1%4.068-19%3.680-11%4.912-33%
Price To Free Cash Flow Ratio6.448-20%7.74713.689-43%-51.328+763%-565.303+7397%-281.968+3740%
Price To Total Gains Ratio-504.312+17%-605.913127.826-574%153.424-495%79.621-861%82.637-833%
Quick Ratio--0.1290.144-11%0.172-25%0.133-3%0.075+72%
Return On Assets---0.0060.001-717%0.002-495%0.001-1029%0.001-503%
Return On Equity---0.0100.001-839%0.003-503%0.001-926%0.003-453%
Total Gains Per Share---0.0050.032-117%0.029-119%0.033-116%0.047-112%
Usd Book Value--238347604.665241326762.015-1%239373304.9770%237829251.501+0%237174448.410+0%
Usd Book Value Change Per Share---0.0040.001-788%0.001-487%0.000-992%0.000-2178%
Usd Book Value Per Share--0.3690.374-1%0.3700%0.368+0%0.367+0%
Usd Dividend Per Share--0.0030.004-22%0.003+3%0.004-26%0.006-51%
Usd Eps---0.004-0.003-11%0.001-487%0.000-92%0.001-641%
Usd Free Cash Flow--9465029.81913631591.399-31%-1322661.772+114%4790085.929+98%2974798.350+218%
Usd Free Cash Flow Per Share--0.0150.021-31%-0.002+114%0.007+98%0.007+99%
Usd Free Cash Flow To Equity Per Share--0.0150.009+55%-0.016+206%-0.005+137%0.000+103%
Usd Market Cap244123288.421-20%293305635.906290622962.406+1%363725815.258-19%329074615.894-11%439220718.646-33%
Usd Price Per Share0.378-20%0.4540.450+1%0.563-19%0.509-11%0.680-33%
Usd Profit---2461145.298357940.814-788%635981.451-487%320665.166-868%708658.667-447%
Usd Revenue--19121711.39119494376.482-2%22369191.968-15%22439748.517-15%23493533.276-19%
Usd Total Gains Per Share---0.0010.004-117%0.004-119%0.005-116%0.006-112%
 EOD+4 -4MRQTTM+6 -29YOY+9 -265Y+10 -2510Y+16 -20

3.2. Fundamental Score

Let's check the fundamental score of Tianjin Hi-Tech Development Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-24.798
Price to Book Ratio (EOD)Between0-11.024
Net Profit Margin (MRQ)Greater than0-0.129
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.129
Current Ratio (MRQ)Greater than12.418
Debt to Asset Ratio (MRQ)Less than10.419
Debt to Equity Ratio (MRQ)Less than10.721
Return on Equity (MRQ)Greater than0.15-0.010
Return on Assets (MRQ)Greater than0.05-0.006
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Tianjin Hi-Tech Development Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.181
Ma 20Greater thanMa 502.622
Ma 50Greater thanMa 1002.824
Ma 100Greater thanMa 2003.154
OpenGreater thanClose2.670
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
Interest Income  2224,6024,825-4,681144490634-1,900-1,266



Latest Balance Sheet

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

Summary
Total Assets2,963,506
Total Liabilities1,241,341
Total Stockholder Equity1,722,165
 As reported
Total Liabilities 1,241,341
Total Stockholder Equity+ 1,722,165
Total Assets = 2,963,506

Assets

Total Assets2,963,506
Total Current Assets2,616,118
Long-term Assets347,387
Total Current Assets
Cash And Cash Equivalents 289,675
Net Receivables 139,683
Inventory 2,115,648
Other Current Assets 6,355
Total Current Assets  (as reported)2,616,118
Total Current Assets  (calculated)2,551,361
+/- 64,757
Long-term Assets
Property Plant Equipment 422
Intangible Assets 60
Long-term Assets  (as reported)347,387
Long-term Assets  (calculated)482
+/- 346,906

Liabilities & Shareholders' Equity

Total Current Liabilities1,081,738
Long-term Liabilities159,603
Total Stockholder Equity1,722,165
Total Current Liabilities
Short Long Term Debt 621,744
Accounts payable 127,740
Other Current Liabilities 2,413
Total Current Liabilities  (as reported)1,081,738
Total Current Liabilities  (calculated)751,898
+/- 329,840
Long-term Liabilities
Long term Debt 62,471
Long-term Liabilities  (as reported)159,603
Long-term Liabilities  (calculated)62,471
+/- 97,132
Total Stockholder Equity
Retained Earnings 553,256
Total Stockholder Equity (as reported)1,722,165
Total Stockholder Equity (calculated)553,256
+/- 1,168,909
Other
Capital Stock646,116
Common Stock Shares Outstanding 646,116
Net Debt 394,540
Net Invested Capital 2,406,380
Net Working Capital 1,534,380
Property Plant and Equipment Gross 422



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 
1,174,373
1,176,878
1,180,684
350,931
352,993
355,856
361,613
522,293
519,468
603,162
646,986
759,469
846,379
798,899
771,427
798,640
790,170
859,479
936,019
1,029,145
1,084,796
1,049,572
939,055
1,002,286
1,045,249
999,729
1,888,183
1,918,663
2,132,552
2,804,086
3,365,326
3,359,723
2,707,658
2,670,818
2,563,110
2,755,796
2,707,074
2,950,069
2,952,151
2,953,780
2,973,613
2,769,246
3,171,672
3,063,864
2,831,770
2,847,524
2,675,741
2,788,450
2,790,977
2,688,600
2,859,554
3,134,984
3,196,502
3,370,762
3,211,524
3,431,260
3,420,788
3,430,031
3,622,291
3,567,373
3,468,620
3,464,717
3,469,058
3,403,576
3,476,373
3,476,260
3,597,035
3,592,640
3,557,820
3,344,427
3,383,629
3,533,863
3,101,150
3,028,626
3,008,402
2,916,382
2,855,844
2,907,439
2,910,579
3,145,711
2,895,961
2,933,066
2,865,430
2,810,922
2,718,353
2,717,597
2,694,736
2,796,043
2,802,645
2,709,946
2,963,506
2,963,5062,709,9462,802,6452,796,0432,694,7362,717,5972,718,3532,810,9222,865,4302,933,0662,895,9613,145,7112,910,5792,907,4392,855,8442,916,3823,008,4023,028,6263,101,1503,533,8633,383,6293,344,4273,557,8203,592,6403,597,0353,476,2603,476,3733,403,5763,469,0583,464,7173,468,6203,567,3733,622,2913,430,0313,420,7883,431,2603,211,5243,370,7623,196,5023,134,9842,859,5542,688,6002,790,9772,788,4502,675,7412,847,5242,831,7703,063,8643,171,6722,769,2462,973,6132,953,7802,952,1512,950,0692,707,0742,755,7962,563,1102,670,8182,707,6583,359,7233,365,3262,804,0862,132,5521,918,6631,888,183999,7291,045,2491,002,286939,0551,049,5721,084,7961,029,145936,019859,479790,170798,640771,427798,899846,379759,469646,986603,162519,468522,293361,613355,856352,993350,9311,180,6841,176,8781,174,373
   > 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
3,245,433
3,285,310
3,425,812
2,993,842
2,915,980
2,897,782
2,760,332
2,700,499
2,754,296
2,758,495
2,944,503
2,695,748
2,734,069
2,669,736
2,665,004
2,573,663
2,573,626
2,551,775
2,452,580
2,456,859
2,360,447
2,616,118
2,616,1182,360,4472,456,8592,452,5802,551,7752,573,6262,573,6632,665,0042,669,7362,734,0692,695,7482,944,5032,758,4952,754,2962,700,4992,760,3322,897,7822,915,9802,993,8423,425,8123,285,3103,245,433000000000000000000000000000000000000000000000000000000000000000000000
       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
193,436
332,918
544,946
158,886
120,272
105,505
83,781
28,996
68,144
70,169
211,819
57,963
112,270
381,448
305,789
212,520
219,729
91,458
155,771
116,956
147,609
289,675
289,675147,609116,956155,77191,458219,729212,520305,789381,448112,27057,963211,81970,16968,14428,99683,781105,505120,272158,886544,946332,918193,436000000000000000000000000000000000000000000000000000000000000000000000
       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
43,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000043,0000000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
42,323
46,053
105,539
898
7,923
4,135
30,030
12,064
33,559
24,123
37,300
18,065
63,481
20,508
57,158
46,303
89,729
43,922
57,838
47,067
85,576
79,208
82,547
63,547
100,427
64,256
66,289
10,357
10,682
1,663
16,158
4,933
157,799
29,417
39,336
58,563
69,317
78,659
99,322
15,069
12,689
6,858
6,923
3,602
6,740
34,709
57,794
15,414
7,059
43,500
35,162
3,015
5,468
4,247
44,247
6,714
31,399
6,622
14,693
8,431
70,070
9,716
41,427
6,765
25,341
23,453
4,588
22,470
30,070
87,943
10,044
8,381
1,563
1,199
458
29,289
27,987
50,789
31,253
340,595
379,851
377,857
51,429
172,525
173,542
162,979
113,236
135,866
174,283
89,969
139,683
139,68389,969174,283135,866113,236162,979173,542172,52551,429377,857379,851340,59531,25350,78927,98729,2894581,1991,5638,38110,04487,94330,07022,4704,58823,45325,3416,76541,4279,71670,0708,43114,6936,62231,3996,71444,2474,2475,4683,01535,16243,5007,05915,41457,79434,7096,7403,6026,9236,85812,68915,06999,32278,65969,31758,56339,33629,417157,7994,93316,1581,66310,68210,35766,28964,256100,42763,54782,54779,20885,57647,06757,83843,92289,72946,30357,15820,50863,48118,06537,30024,12333,55912,06430,0304,1357,923898105,53946,05342,323
       Inventory 
80,212
55,326
48,039
78,932
80,584
81,236
49,993
107,422
109,972
142,977
130,807
332,079
336,672
315,108
342,282
398,810
407,904
475,499
474,355
547,438
558,237
490,744
480,082
421,866
42,286
48,275
54,514
160,429
201,963
1,000,430
1,051,057
1,236,521
982,708
1,376,435
1,405,584
1,402,660
1,413,859
1,539,053
1,471,732
1,633,342
1,611,556
1,630,814
1,553,982
1,462,149
1,508,803
1,759,401
1,639,062
2,109,131
2,124,493
2,218,673
2,329,118
2,681,245
2,834,197
2,904,574
2,803,796
2,973,322
3,029,299
3,018,508
3,032,670
2,940,286
2,981,936
3,067,987
3,065,880
3,054,888
3,045,639
3,013,822
3,011,263
3,009,252
3,000,796
2,962,967
2,941,357
2,869,879
2,823,408
2,741,077
2,725,338
2,646,066
2,641,618
2,633,691
2,651,029
2,251,587
2,247,830
2,235,832
2,235,659
2,186,341
2,186,172
2,187,337
2,186,886
2,124,696
2,118,256
2,116,221
2,115,648
2,115,6482,116,2212,118,2562,124,6962,186,8862,187,3372,186,1722,186,3412,235,6592,235,8322,247,8302,251,5872,651,0292,633,6912,641,6182,646,0662,725,3382,741,0772,823,4082,869,8792,941,3572,962,9673,000,7963,009,2523,011,2633,013,8223,045,6393,054,8883,065,8803,067,9872,981,9362,940,2863,032,6703,018,5083,029,2992,973,3222,803,7962,904,5742,834,1972,681,2452,329,1182,218,6732,124,4932,109,1311,639,0621,759,4011,508,8031,462,1491,553,9821,630,8141,611,5561,633,3421,471,7321,539,0531,413,8591,402,6601,405,5841,376,435982,7081,236,5211,051,0571,000,430201,963160,42954,51448,27542,286421,866480,082490,744558,237547,438474,355475,499407,904398,810342,282315,108336,672332,079130,807142,977109,972107,42249,99381,23680,58478,93248,03955,32680,212
   > 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
107,308
112,647
110,620
156,050
155,345
153,143
152,084
201,208
200,213
198,997
195,693
145,917
144,690
143,971
142,961
343,463
345,786
349,498
347,387
347,387349,498345,786343,463142,961143,971144,690145,917195,693198,997200,213201,208152,084153,143155,345156,050110,620112,647107,308000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
793,778
807,858
786,322
66,402
65,904
66,623
68,063
71,588
72,156
81,454
97,735
95,278
94,786
99,325
104,246
107,006
105,673
192,119
102,950
198,876
102,066
196,555
101,043
253,537
123,360
215,603
120,297
169,542
65,850
65,796
64,857
63,990
63,031
62,551
62,387
61,660
61,017
60,784
60,746
60,230
48,556
48,012
47,713
47,899
47,350
47,303
46,788
46,262
45,654
45,053
44,476
43,938
43,399
42,901
42,372
41,790
41,303
40,893
40,430
40,706
40,229
39,756
39,299
38,833
38,353
37,899
37,503
4,266
4,133
4,152
4,073
4,116
3,988
3,887
3,806
3,618
3,532
3,482
3,372
3,182
3,133
3,030
2,970
629
581
666
613
566
517
467
422
4224675175666136665816292,9703,0303,1333,1823,3723,4823,5323,6183,8063,8873,9884,1164,0734,1524,1334,26637,50337,89938,35338,83339,29939,75640,22940,70640,43040,89341,30341,79042,37242,90143,39943,93844,47645,05345,65446,26246,78847,30347,35047,89947,71348,01248,55660,23060,74660,78461,01761,66062,38762,55163,03163,99064,85765,79665,850169,542120,297215,603123,360253,537101,043196,555102,066198,876102,950192,119105,673107,006104,24699,32594,78695,27897,73581,45472,15671,58868,06366,62365,90466,402786,322807,858793,778
       Intangible Assets 
0
0
0
177,864
177,005
176,118
175,217
174,327
173,425
147,437
151,109
150,299
149,415
148,402
107,637
106,899
99,848
1,952
98,423
5,744
101,136
6,140
100,915
6,004
101,218
7,146
99,639
6,283
91,751
988
1,861
2,690
2,507
2,343
73,467
1,977
1,793
1,610
1,427
1,244
1,061
893
978
827
824
782
635
588
514
486
428
396
364
333
302
271
240
209
178
147
116
85
58
38
18
2
1
1
0
0
0
375
356
502
478
454
430
407
379
378
349
320
291
262
233
204
175
146
118
89
60
6089118146175204233262291320349378379407430454478502356375000112183858851161471782092402713023333643964284865145886357828248279788931,0611,2441,4271,6101,7931,97773,4672,3432,5072,6901,86198891,7516,28399,6397,146101,2186,004100,9156,140101,1365,74498,4231,95299,848106,899107,637148,402149,415150,299151,109147,437173,425174,327175,217176,118177,005177,864000
       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
107,308
112,647
110,620
156,050
155,345
0
3,372
45,580
45,580
45,580
45,580
0
0
0
0
0
0
0
0
0000000045,58045,58045,58045,5803,3720155,345156,050110,620112,647107,308000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
670,713
747,917
818,444
27,260
27,170
24,437
13,801
173,947
168,095
229,964
239,047
340,181
413,794
362,589
317,414
330,846
315,893
381,791
453,835
521,464
573,425
517,751
406,243
425,890
466,665
422,714
447,960
405,573
609,294
1,295,206
1,855,634
1,752,782
1,066,524
1,038,455
921,487
1,079,618
1,028,667
1,307,195
1,297,406
1,274,787
1,273,697
1,054,580
1,440,158
1,409,782
1,164,734
1,200,438
1,025,930
1,123,958
1,118,204
994,826
1,171,617
1,430,001
1,483,885
1,649,828
1,451,755
1,685,526
1,678,812
1,675,707
1,881,719
1,811,255
1,731,843
1,741,665
1,761,514
1,729,538
1,818,305
1,822,060
1,966,391
1,904,323
1,861,178
1,653,885
1,701,342
1,837,994
1,396,640
1,314,260
1,295,462
1,205,536
1,158,055
1,212,197
1,238,506
1,401,848
1,166,566
1,228,074
1,171,991
1,063,452
982,625
994,310
982,916
1,038,408
1,047,630
969,998
1,241,341
1,241,341969,9981,047,6301,038,408982,916994,310982,6251,063,4521,171,9911,228,0741,166,5661,401,8481,238,5061,212,1971,158,0551,205,5361,295,4621,314,2601,396,6401,837,9941,701,3421,653,8851,861,1781,904,3231,966,3911,822,0601,818,3051,729,5381,761,5141,741,6651,731,8431,811,2551,881,7191,675,7071,678,8121,685,5261,451,7551,649,8281,483,8851,430,0011,171,617994,8261,118,2041,123,9581,025,9301,200,4381,164,7341,409,7821,440,1581,054,5801,273,6971,274,7871,297,4061,307,1951,028,6671,079,618921,4871,038,4551,066,5241,752,7821,855,6341,295,206609,294405,573447,960422,714466,665425,890406,243517,751573,425521,464453,835381,791315,893330,846317,414362,589413,794340,181239,047229,964168,095173,94713,80124,43727,17027,260818,444747,917670,713
   > Total Current Liabilities 
481,565
558,688
684,765
27,260
27,169
24,437
13,801
73,763
67,910
129,668
138,766
264,254
237,498
202,144
156,969
230,699
215,745
281,735
313,816
419,803
381,634
326,029
234,096
241,794
315,920
272,533
316,590
323,250
608,789
1,164,638
1,155,067
1,051,832
616,253
587,665
470,698
479,360
427,709
705,237
674,448
1,012,087
960,997
751,880
1,129,268
1,083,114
805,319
848,892
572,361
962,855
880,138
670,645
773,462
1,078,491
1,106,000
1,289,917
1,077,929
1,384,276
1,355,052
1,367,227
1,573,135
1,357,561
1,075,949
1,080,936
1,156,940
1,143,283
1,232,090
1,302,076
1,465,066
1,639,923
1,596,778
1,592,485
1,324,786
1,494,517
1,093,614
982,565
1,013,212
916,469
858,443
911,519
958,014
1,107,167
868,089
975,800
979,321
914,776
889,083
930,444
867,788
930,098
925,458
791,055
1,081,738
1,081,738791,055925,458930,098867,788930,444889,083914,776979,321975,800868,0891,107,167958,014911,519858,443916,4691,013,212982,5651,093,6141,494,5171,324,7861,592,4851,596,7781,639,9231,465,0661,302,0761,232,0901,143,2831,156,9401,080,9361,075,9491,357,5611,573,1351,367,2271,355,0521,384,2761,077,9291,289,9171,106,0001,078,491773,462670,645880,138962,855572,361848,892805,3191,083,1141,129,268751,880960,9971,012,087674,448705,237427,709479,360470,698587,665616,2531,051,8321,155,0671,164,638608,789323,250316,590272,533315,920241,794234,096326,029381,634419,803313,816281,735215,745230,699156,969202,144237,498264,254138,766129,66867,91073,76313,80124,43727,16927,260684,765558,688481,565
       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
463,145
400,000
200,000
576,000
470,000
470,000
462,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000462,000470,000470,000576,000200,000400,000463,145000000000000000000000000000000000000000000000000000000000000000000000
       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
463,145
400,000
200,000
576,000
470,000
470,000
462,000
470,000
418,000
414,500
484,000
397,000
507,000
507,000
417,000
407,000
425,000
445,000
499,303
514,051
410,377
621,744
621,744410,377514,051499,303445,000425,000407,000417,000507,000507,000397,000484,000414,500418,000470,000462,000470,000470,000576,000200,000400,000463,145000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
184,901
213,418
206,413
81
730
1,258
1,583
11,713
5,603
9,908
14,766
198,239
163,675
127,921
118,768
131,453
117,954
148,177
128,701
219,680
191,664
121,654
96,937
96,799
109,161
80,481
60,892
37,484
33,605
515,372
422,285
313,539
277,690
308,690
290,824
268,360
222,875
291,949
274,451
339,637
271,963
249,267
228,205
274,143
242,341
347,235
175,130
233,905
168,733
180,074
173,840
329,217
423,813
381,214
360,432
443,750
410,205
367,734
350,090
220,451
194,104
281,485
274,838
266,756
247,711
243,992
226,698
222,537
203,995
193,073
192,841
69
194,335
190,590
154,175
131,665
125,578
5,000
86,783
85
73,519
58,561
57,898
52,084
51,309
102,972
52,038
52,688
145,648
78,953
127,740
127,74078,953145,64852,68852,038102,97251,30952,08457,89858,56173,5198586,7835,000125,578131,665154,175190,590194,33569192,841193,073203,995222,537226,698243,992247,711266,756274,838281,485194,104220,451350,090367,734410,205443,750360,432381,214423,813329,217173,840180,074168,733233,905175,130347,235242,341274,143228,205249,267271,963339,637274,451291,949222,875268,360290,824308,690277,690313,539422,285515,37233,60537,48460,89280,481109,16196,79996,937121,654191,664219,680128,701148,177117,954131,453118,768127,921163,675198,23914,7669,9085,60311,7131,5831,25873081206,413213,418184,901
       Other Current Liabilities 
69,534
54,545
39,238
27,179
26,439
23,179
12,218
32,050
32,307
69,760
74,000
26,015
33,823
34,223
38,201
39,145
32,690
38,457
75,014
49,958
39,805
51,210
59,159
66,995
41,759
52,052
40,698
145,766
245,184
229,266
252,782
228,293
28,563
28,975
29,874
61,000
54,834
86,988
73,697
222,450
289,034
252,613
571,063
478,971
232,978
171,657
147,231
120,950
103,405
112,571
121,622
204,443
137,356
266,393
184,023
152,896
145,347
147,545
151,096
145,809
150,545
128,926
134,102
144,902
158,754
154,084
463,028
210,496
201,508
48,042
139,425
314,034
104,200
108,300
176,960
154,292
161,829
140,612
191,952
251,468
191,276
106,509
196,320
58,039
221,575
49,071
209,650
4,629
211,600
28,191
2,413
2,41328,191211,6004,629209,65049,071221,57558,039196,320106,509191,276251,468191,952140,612161,829154,292176,960108,300104,200314,034139,42548,042201,508210,496463,028154,084158,754144,902134,102128,926150,545145,809151,096147,545145,347152,896184,023266,393137,356204,443121,622112,571103,405120,950147,231171,657232,978478,971571,063252,613289,034222,45073,69786,98854,83461,00029,87428,97528,563228,293252,782229,266245,184145,76640,69852,05241,75966,99559,15951,21039,80549,95875,01438,45732,69039,14538,20134,22333,82326,01574,00069,76032,30732,05012,21823,17926,43927,17939,23854,54569,534
   > 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
303,026
331,694
282,250
289,068
299,612
300,678
280,491
294,681
298,477
252,274
192,670
148,676
93,542
63,866
115,129
108,310
122,172
178,943
159,603
159,603178,943122,172108,310115,12963,86693,542148,676192,670252,274298,477294,681280,491300,678299,612289,068282,250331,694303,026000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
279
0
1
0
0
0
0
111
96
0
0
0
0
0
0
0
1
1,501
1,500
1,500
1,799
13,787
10,180
10,012
11,201
1,619
255
233
232
272
271
790
789
0
700
700
700
700
700
700
700
1,991
1,991
1,991
1,991
6,435
6,436
6,435
6,435
6,572
6,572
6,572
6,572
6,400
6,400
6,400
6,400
6,765
6,765
7,200
7,200
8,880
8,880
7,400
67,400
7,400
7,400
7,400
7,400
7,400
7,400
7,400
7,400
7,400
7,400
7,768
7,768
7,942
7,942
7,942
7,942
148,676
93,542
11,682
11,682
0
7,398
7,398
0
07,3987,398011,68211,68293,542148,6767,9427,9427,9427,9427,7687,7687,4007,4007,4007,4007,4007,4007,4007,4007,4007,40067,4007,4008,8808,8807,2007,2006,7656,7656,4006,4006,4006,4006,5726,5726,5726,5726,4356,4356,4366,4351,9911,9911,9911,99170070070070070070070007897902712722322332551,61911,20110,01210,18013,7871,7991,5001,5001,501100000009611100001027900
       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
0
0
0
0
0
0
0
0
0
64
387
433
409
391
78
73
68
63
0
0
0
0
00006368737839140943338764000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
478,468
403,769
337,049
323,671
325,171
330,829
347,221
347,401
350,493
366,864
383,070
399,149
412,433
415,958
428,438
442,450
450,028
453,864
460,719
486,091
490,859
510,907
511,130
548,334
553,165
552,299
1,416,365
1,498,638
1,517,531
1,504,908
1,505,760
1,602,156
1,640,040
1,631,279
1,640,543
1,674,969
1,677,247
1,641,696
1,653,601
1,677,800
1,698,791
1,713,460
1,730,354
1,654,082
1,667,036
1,647,086
1,649,812
1,664,492
1,672,773
1,693,774
1,687,937
1,704,984
1,712,617
1,720,934
1,759,768
1,745,734
1,741,976
1,754,324
1,740,572
1,756,118
1,736,776
1,723,052
1,707,544
1,674,038
1,658,069
1,654,200
1,630,644
1,688,317
1,696,642
1,690,542
1,682,287
1,695,869
1,704,510
1,714,367
1,712,941
1,710,846
1,697,789
1,695,242
1,672,073
1,743,863
1,729,395
1,704,992
1,693,439
1,747,469
1,735,728
1,723,287
1,711,820
1,757,635
1,755,015
1,739,948
1,722,165
1,722,1651,739,9481,755,0151,757,6351,711,8201,723,2871,735,7281,747,4691,693,4391,704,9921,729,3951,743,8631,672,0731,695,2421,697,7891,710,8461,712,9411,714,3671,704,5101,695,8691,682,2871,690,5421,696,6421,688,3171,630,6441,654,2001,658,0691,674,0381,707,5441,723,0521,736,7761,756,1181,740,5721,754,3241,741,9761,745,7341,759,7681,720,9341,712,6171,704,9841,687,9371,693,7741,672,7731,664,4921,649,8121,647,0861,667,0361,654,0821,730,3541,713,4601,698,7911,677,8001,653,6011,641,6961,677,2471,674,9691,640,5431,631,2791,640,0401,602,1561,505,7601,504,9081,517,5311,498,6381,416,365552,299553,165548,334511,130510,907490,859486,091460,719453,864450,028442,450428,438415,958412,433399,149383,070366,864350,493347,401347,221330,829325,171323,671337,049403,769478,468
   Common Stock
148,981
148,981
148,981
148,981
148,981
148,981
148,981
148,981
148,981
148,981
148,981
148,981
148,981
268,165
268,165
268,165
268,165
268,165
268,165
268,165
268,165
268,165
268,165
268,165
268,165
268,165
323,058
323,058
323,058
323,058
323,058
323,058
323,058
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
646,116
0
0
646,116
0
0646,11600646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116646,116323,058323,058323,058323,058323,058323,058323,058268,165268,165268,165268,165268,165268,165268,165268,165268,165268,165268,165268,165268,165148,981148,981148,981148,981148,981148,981148,981148,981148,981148,981148,981148,981148,981
   Retained Earnings 
5,025
0
0
210
1,710
7,368
23,760
17,997
21,089
37,370
53,576
50,542
63,826
44,812
57,292
53,018
60,596
71,136
77,991
91,330
96,098
116,235
116,498
121,920
147,888
152,493
155,029
225,491
247,488
232,866
233,719
317,807
357,492
348,965
358,228
383,315
385,593
411,847
423,752
444,055
465,047
479,710
496,604
503,667
516,621
496,671
499,397
513,547
521,827
542,829
536,991
550,034
653,911
662,228
701,062
687,028
683,270
695,618
681,866
697,411
678,070
664,346
648,838
615,332
599,362
595,494
571,938
629,611
637,936
631,836
623,581
637,162
542,269
552,125
550,699
652,139
639,083
636,535
613,367
685,156
670,689
646,286
634,732
688,763
677,021
664,581
653,113
698,928
586,106
681,241
553,256
553,256681,241586,106698,928653,113664,581677,021688,763634,732646,286670,689685,156613,367636,535639,083652,139550,699552,125542,269637,162623,581631,836637,936629,611571,938595,494599,362615,332648,838664,346678,070697,411681,866695,618683,270687,028701,062662,228653,911550,034536,991542,829521,827513,547499,397496,671516,621503,667496,604479,710465,047444,055423,752411,847385,593383,315358,228348,965357,492317,807233,719232,866247,488225,491155,029152,493147,888121,920116,498116,23596,09891,33077,99171,13660,59653,01857,29244,81263,82650,54253,57637,37021,08917,99723,7607,3681,710210005,025
   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
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0
0
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2,612
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02,61200000000000000000000000000000000000000000000000000000000000000000000000000000000000000000



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 (+$)
totalRevenue563,421
Cost of Revenue-449,391
Gross Profit114,030114,030
 
Operating Income (+$)
Gross Profit114,030
Operating Expense-486,915
Operating Income76,507-372,884
 
Operating Expense (+$)
Research Development-
Selling General Administrative13,129
Selling And Marketing Expenses-
Operating Expense486,91513,129
 
Net Interest Income (+$)
Interest Income4,048
Interest Expense-58,508
Other Finance Cost-3,106
Net Interest Income-57,566
 
Pretax Income (+$)
Operating Income76,507
Net Interest Income-57,566
Other Non-Operating Income Expenses-
Income Before Tax (EBT)17,40576,507
EBIT - interestExpense = -58,508
10,345
68,853
Interest Expense58,508
Earnings Before Interest and Taxes (EBIT)-75,913
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax17,405
Tax Provision-7,060
Net Income From Continuing Ops10,34510,345
Net Income10,345
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-57,566
 

Technical Analysis of Tianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd. The general trend of Tianjin Hi-Tech Development Co Ltd 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 Tianjin Hi-Tech Development 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 (-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 Tianjin Hi-Tech Development 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: 2.81 < 2.83 < 2.88.

The bearish price targets are: 2.41 > 1.96.

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Tianjin Hi-Tech Development 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 Tianjin Hi-Tech Development 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 up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is 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 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

Tianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd. The current macd is 0.000043.

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

  • MACD line > signal line: The MACD line is above the signal 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 Tianjin Hi-Tech Development Co Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Tianjin Hi-Tech Development Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Tianjin Hi-Tech Development Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Tianjin Hi-Tech Development Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartTianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd. The current adx is 14.68.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Tianjin Hi-Tech Development Co Ltd shares, leading to potential upward 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.
Tianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd. The current sar is 2.60518623.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Tianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd. The current rsi is 52.18. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Tianjin Hi-Tech Development Co Ltd Daily Relative Strength Index (RSI) ChartTianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Tianjin Hi-Tech Development Co Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Tianjin Hi-Tech Development Co Ltd Daily Stochastic Oscillator ChartTianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd. The current cci is 76.70.

Tianjin Hi-Tech Development Co Ltd Daily Commodity Channel Index (CCI) ChartTianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd. The current cmo is 11.91.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Tianjin Hi-Tech Development Co Ltd Daily Chande Momentum Oscillator (CMO) ChartTianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd. The current willr is -25.

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 Tianjin Hi-Tech Development Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Tianjin Hi-Tech Development Co Ltd Daily Williams %R ChartTianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd.

Tianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd. The current atr is 0.11386567.

Tianjin Hi-Tech Development Co Ltd Daily Average True Range (ATR) ChartTianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd. The current obv is -19,185,785.

Tianjin Hi-Tech Development Co Ltd Daily On-Balance Volume (OBV) ChartTianjin Hi-Tech Development 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 Tianjin Hi-Tech Development Co Ltd. The current mfi is 62.45.

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

  • MFI > 50: +1
Tianjin Hi-Tech Development Co Ltd Daily Money Flow Index (MFI) ChartTianjin Hi-Tech Development Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Tianjin Hi-Tech Development 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
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH 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
2023-12-08MACD 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-22SAR 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-22WILLR 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).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26MACD 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31MACD 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.
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).
2024-02-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-19MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO 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
2024-03-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Tianjin Hi-Tech Development Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Tianjin Hi-Tech Development Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.181
Ma 20Greater thanMa 502.622
Ma 50Greater thanMa 1002.824
Ma 100Greater thanMa 2003.154
OpenGreater thanClose2.670
Total1/5 (20.0%)
Penke

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