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Ningxia Xinri Hengli Steel Wire Rope Co Ltd
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PenkeI guess you are interested in Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope 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.

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Quick analysis of Ningxia Xinri Hengli Steel Wire Rope Co Ltd (30 sec.)










What can you expect buying and holding a share of Ningxia Xinri Hengli Steel Wire Rope Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.01
When do you have the money?
1 year
How often do you get paid?
97.5%

What is your share worth?

Current worth
¥0.94
Expected worth in 1 year
¥0.38
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
¥-0.50
Return On Investment
-12.4%

For what price can you sell your share?

Current Price per Share
¥4.00
Expected price per share
¥3.45 - ¥5.71
How sure are you?
50%

1. Valuation of Ningxia Xinri Hengli Steel Wire Rope Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥4.00

Intrinsic Value Per Share

¥8.05 - ¥9.80

Total Value Per Share

¥8.99 - ¥10.74

2. Growth of Ningxia Xinri Hengli Steel Wire Rope Co Ltd (5 min.)




Is Ningxia Xinri Hengli Steel Wire Rope Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$89.4m$150.1m-$42.6m-39.7%

How much money is Ningxia Xinri Hengli Steel Wire Rope Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$11.7m-$896.1k-$10.8m-92.4%
Net Profit Margin-138.1%-8.9%--

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

3. Financial Health of Ningxia Xinri Hengli Steel Wire Rope Co Ltd (5 min.)




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




  Industry Rankings (Specialty Chemicals)  

What can you expect buying and holding a share of Ningxia Xinri Hengli Steel Wire Rope Co Ltd? (5 min.)

Welcome investor! Ningxia Xinri Hengli Steel Wire Rope Co Ltd's management wants to use your money to grow the business. In return you get a share of Ningxia Xinri Hengli Steel Wire Rope Co Ltd.

What can you expect buying and holding a share of Ningxia Xinri Hengli Steel Wire Rope Co Ltd?

First you should know what it really means to hold a share of Ningxia Xinri Hengli Steel Wire Rope Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Ningxia Xinri Hengli Steel Wire Rope Co Ltd is ¥4. 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 Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope 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 ¥0.94. Based on the TTM, the Book Value Change Per Share is ¥-0.14 per quarter. Based on the YOY, the Book Value Change Per Share is ¥-0.08 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 ¥0.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ningxia Xinri Hengli Steel Wire Rope 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 Eps-0.02-0.4%-0.02-0.4%-0.01-0.2%-0.01-0.1%0.000.0%
Usd Book Value Change Per Share-0.02-0.5%-0.02-0.5%-0.01-0.3%0.00-0.1%0.00-0.1%
Usd Dividend Per Share0.000.1%0.000.1%0.000.1%0.000.1%0.000.1%
Usd Total Gains Per Share-0.02-0.4%-0.02-0.4%-0.01-0.2%0.000.0%0.000.1%
Usd Price Per Share0.53-0.71-1.42-0.92-1.16-
Price to Earnings Ratio-7.86--10.81--154.43--46.07-45.68-
Price-to-Total Gains Ratio-31.65--44.71--261.92--751.09--625.53-
Price to Book Ratio4.06-4.44-6.41-4.46-5.80-
Price-to-Total Gains Ratio-31.65--44.71--261.92--751.09--625.53-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.5536
Number of shares1806
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.020.00
Usd Total Gains Per Share-0.020.00
Gains per Quarter (1806 shares)-31.03-2.75
Gains per Year (1806 shares)-124.13-10.99
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
116-140-13417-28-21
232-280-25833-55-32
348-420-38250-83-43
464-560-50666-110-54
580-700-63083-138-65
696-840-754100-166-76
7112-981-878116-193-87
8128-1121-1002133-221-98
9144-1261-1126150-248-109
10159-1401-1250166-276-120

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%4.016.00.020.0%13.016.011.032.5%40.016.031.046.0%
Book Value Change Per Share0.04.00.00.0%3.09.00.025.0%4.015.01.020.0%15.024.01.037.5%42.044.01.048.3%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.01.095.0%39.00.01.097.5%69.00.018.079.3%
Total Gains per Share0.04.00.00.0%4.08.00.033.3%7.012.01.035.0%20.019.01.050.0%58.028.01.066.7%

Fundamentals of Ningxia Xinri Hengli Steel Wire Rope Co Ltd

About Ningxia Xinri Hengli Steel Wire Rope Co Ltd

Ningxia Zhongke Biotechnology Co., Ltd. produces and sells coal-based activated carbon and lauric acid products. The company was founded in 1998 and is based in Yinchuan, China.

Fundamental data was last updated by Penke on 2024-03-26 15:25:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ningxia Xinri Hengli Steel Wire Rope Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Ningxia Xinri Hengli Steel Wire Rope Co Ltd to the Specialty Chemicals industry mean.
  • A Net Profit Margin of -125.3% means that ¥-1.25 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ningxia Xinri Hengli Steel Wire Rope Co Ltd:

  • The MRQ is -125.3%. The company is making a huge loss. -2
  • The TTM is -138.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-125.3%TTM-138.1%+12.8%
TTM-138.1%YOY-8.9%-129.1%
TTM-138.1%5Y-56.1%-82.0%
5Y-56.1%10Y-25.6%-30.4%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-125.3%4.2%-129.5%
TTM-138.1%4.2%-142.3%
YOY-8.9%6.5%-15.4%
5Y-56.1%6.0%-62.1%
10Y-25.6%6.0%-31.6%
1.1.2. Return on Assets

Shows how efficient Ningxia Xinri Hengli Steel Wire Rope Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ningxia Xinri Hengli Steel Wire Rope Co Ltd to the Specialty Chemicals industry mean.
  • -2.7% Return on Assets means that Ningxia Xinri Hengli Steel Wire Rope Co Ltd generated ¥-0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ningxia Xinri Hengli Steel Wire Rope Co Ltd:

  • The MRQ is -2.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.7%TTM-2.7%0.0%
TTM-2.7%YOY-0.2%-2.4%
TTM-2.7%5Y-0.7%-2.0%
5Y-0.7%10Y-0.1%-0.5%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.7%1.1%-3.8%
TTM-2.7%1.1%-3.8%
YOY-0.2%1.7%-1.9%
5Y-0.7%1.6%-2.3%
10Y-0.1%1.7%-1.8%
1.1.3. Return on Equity

Shows how efficient Ningxia Xinri Hengli Steel Wire Rope Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ningxia Xinri Hengli Steel Wire Rope Co Ltd to the Specialty Chemicals industry mean.
  • -20.4% Return on Equity means Ningxia Xinri Hengli Steel Wire Rope Co Ltd generated ¥-0.20 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ningxia Xinri Hengli Steel Wire Rope Co Ltd:

  • The MRQ is -20.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -16.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-20.4%TTM-16.4%-4.0%
TTM-16.4%YOY-0.9%-15.5%
TTM-16.4%5Y-3.7%-12.7%
5Y-3.7%10Y-1.3%-2.4%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-20.4%2.2%-22.6%
TTM-16.4%2.0%-18.4%
YOY-0.9%3.2%-4.1%
5Y-3.7%2.8%-6.5%
10Y-1.3%2.8%-4.1%

1.2. Operating Efficiency of Ningxia Xinri Hengli Steel Wire Rope Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ningxia Xinri Hengli Steel Wire Rope Co Ltd is operating .

  • Measures how much profit Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd to the Specialty Chemicals 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-23.0%+23.0%
TTM-23.0%YOY-7.1%-15.9%
TTM-23.0%5Y-12.3%-10.7%
5Y-12.3%10Y-6.1%-6.1%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.5%-7.5%
TTM-23.0%4.9%-27.9%
YOY-7.1%8.3%-15.4%
5Y-12.3%8.1%-20.4%
10Y-6.1%7.3%-13.4%
1.2.2. Operating Ratio

Measures how efficient Ningxia Xinri Hengli Steel Wire Rope Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 2.98 means that the operating costs are ¥2.98 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Ningxia Xinri Hengli Steel Wire Rope Co Ltd:

  • The MRQ is 2.982. The company is inefficient in keeping operating costs low. -1
  • The TTM is 3.028. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.982TTM3.028-0.045
TTM3.028YOY1.992+1.036
TTM3.0285Y2.310+0.718
5Y2.31010Y1.593+0.717
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9821.529+1.453
TTM3.0281.530+1.498
YOY1.9921.459+0.533
5Y2.3101.459+0.851
10Y1.5931.228+0.365

1.3. Liquidity of Ningxia Xinri Hengli Steel Wire Rope Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ningxia Xinri Hengli Steel Wire Rope Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 0.10 means the company has ¥0.10 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Ningxia Xinri Hengli Steel Wire Rope Co Ltd:

  • The MRQ is 0.100. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.123. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.100TTM0.123-0.022
TTM0.123YOY0.271-0.148
TTM0.1235Y0.531-0.408
5Y0.53110Y0.265+0.265
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1001.831-1.731
TTM0.1231.875-1.752
YOY0.2711.896-1.625
5Y0.5311.926-1.395
10Y0.2651.762-1.497
1.3.2. Quick Ratio

Measures if Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd to the Specialty Chemicals industry mean.
  • A Quick Ratio of 0.02 means the company can pay off ¥0.02 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ningxia Xinri Hengli Steel Wire Rope Co Ltd:

  • The MRQ is 0.020. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.019. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.020TTM0.019+0.001
TTM0.019YOY0.022-0.003
TTM0.0195Y0.143-0.124
5Y0.14310Y0.221-0.077
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0200.846-0.826
TTM0.0190.884-0.865
YOY0.0220.966-0.944
5Y0.1431.049-0.906
10Y0.2211.030-0.809

1.4. Solvency of Ningxia Xinri Hengli Steel Wire Rope Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ningxia Xinri Hengli Steel Wire Rope Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ningxia Xinri Hengli Steel Wire Rope Co Ltd to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.79 means that Ningxia Xinri Hengli Steel Wire Rope Co Ltd assets are financed with 79.4% credit (debt) and the remaining percentage (100% - 79.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ningxia Xinri Hengli Steel Wire Rope Co Ltd:

  • The MRQ is 0.794. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.757. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.794TTM0.757+0.037
TTM0.757YOY0.676+0.082
TTM0.7575Y0.637+0.121
5Y0.63710Y0.637+0.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7940.431+0.363
TTM0.7570.427+0.330
YOY0.6760.426+0.250
5Y0.6370.433+0.204
10Y0.6370.439+0.198
1.4.2. Debt to Equity Ratio

Measures if Ningxia Xinri Hengli Steel Wire Rope Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ningxia Xinri Hengli Steel Wire Rope Co Ltd to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 608.7% means that company has ¥6.09 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ningxia Xinri Hengli Steel Wire Rope Co Ltd:

  • The MRQ is 6.087. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.737. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ6.087TTM4.737+1.350
TTM4.737YOY2.872+1.865
TTM4.7375Y2.523+2.214
5Y2.52310Y2.318+0.206
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ6.0870.767+5.320
TTM4.7370.752+3.985
YOY2.8720.747+2.125
5Y2.5230.797+1.726
10Y2.3180.845+1.473

2. Market Valuation of Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd generates.

  • Above 15 is considered overpriced but always compare Ningxia Xinri Hengli Steel Wire Rope Co Ltd to the Specialty Chemicals industry mean.
  • A PE ratio of -7.86 means the investor is paying ¥-7.86 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ningxia Xinri Hengli Steel Wire Rope Co Ltd:

  • The EOD is -8.207. Based on the earnings, the company is expensive. -2
  • The MRQ is -7.858. Based on the earnings, the company is expensive. -2
  • The TTM is -10.807. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-8.207MRQ-7.858-0.349
MRQ-7.858TTM-10.807+2.949
TTM-10.807YOY-154.430+143.623
TTM-10.8075Y-46.067+35.260
5Y-46.06710Y45.685-91.751
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-8.20715.198-23.405
MRQ-7.85813.988-21.846
TTM-10.80715.705-26.512
YOY-154.43017.841-172.271
5Y-46.06719.498-65.565
10Y45.68523.951+21.734
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ningxia Xinri Hengli Steel Wire Rope Co Ltd:

  • The EOD is -104.533. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -100.090. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 2.361. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-104.533MRQ-100.090-4.443
MRQ-100.090TTM2.361-102.452
TTM2.361YOY-12.740+15.101
TTM2.3615Y-16.023+18.385
5Y-16.02310Y18.563-34.586
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-104.5334.953-109.486
MRQ-100.0904.382-104.472
TTM2.3612.275+0.086
YOY-12.740-0.150-12.590
5Y-16.0233.098-19.121
10Y18.5632.609+15.954
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ningxia Xinri Hengli Steel Wire Rope Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 4.06 means the investor is paying ¥4.06 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Ningxia Xinri Hengli Steel Wire Rope Co Ltd:

  • The EOD is 4.239. Based on the equity, the company is fair priced.
  • The MRQ is 4.059. Based on the equity, the company is fair priced.
  • The TTM is 4.444. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD4.239MRQ4.059+0.180
MRQ4.059TTM4.444-0.385
TTM4.444YOY6.408-1.964
TTM4.4445Y4.459-0.015
5Y4.45910Y5.799-1.340
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD4.2391.735+2.504
MRQ4.0591.781+2.278
TTM4.4441.854+2.590
YOY6.4082.306+4.102
5Y4.4592.348+2.111
10Y5.7992.842+2.957
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ningxia Xinri Hengli Steel Wire Rope 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---0.137-0.140+2%-0.079-42%-0.028-80%-0.016-88%
Book Value Per Share--0.9441.135-17%1.584-40%1.467-36%1.461-35%
Current Ratio--0.1000.123-18%0.271-63%0.531-81%0.265-62%
Debt To Asset Ratio--0.7940.757+5%0.676+18%0.637+25%0.637+25%
Debt To Equity Ratio--6.0874.737+28%2.872+112%2.523+141%2.318+163%
Dividend Per Share--0.0160.016+0%0.019-14%0.017-4%0.033-52%
Eps---0.122-0.124+2%-0.055-55%-0.038-69%-0.011-91%
Free Cash Flow Per Share---0.010-0.028+189%-0.001-93%-0.127+1231%-0.032+237%
Free Cash Flow To Equity Per Share---0.010-0.028+189%-0.020+107%-0.043+351%0.040-124%
Gross Profit Margin--1.0001.0000%1.0000%0.950+5%0.700+43%
Intrinsic Value_10Y_max--9.797--------
Intrinsic Value_10Y_min--8.045--------
Intrinsic Value_1Y_max---0.058--------
Intrinsic Value_1Y_min---0.058--------
Intrinsic Value_3Y_max--0.618--------
Intrinsic Value_3Y_min--0.574--------
Intrinsic Value_5Y_max--2.250--------
Intrinsic Value_5Y_min--2.020--------
Market Cap2739535872.000+4%2623105597.4403496332656.640-25%7009787412.480-63%4547287105.536-42%5751313121.280-54%
Net Profit Margin---1.253-1.381+10%-0.089-93%-0.561-55%-0.256-80%
Operating Margin----0.2300%-0.0710%-0.1230%-0.0610%
Operating Ratio--2.9823.028-1%1.992+50%2.310+29%1.593+87%
Pb Ratio4.239+4%4.0594.444-9%6.408-37%4.459-9%5.799-30%
Pe Ratio-8.207-4%-7.858-10.807+38%-154.430+1865%-46.067+486%45.685-117%
Price Per Share4.000+4%3.8305.105-25%10.235-63%6.640-42%8.398-54%
Price To Free Cash Flow Ratio-104.533-4%-100.0902.361-4339%-12.740-87%-16.023-84%18.563-639%
Price To Total Gains Ratio-33.058-4%-31.653-44.710+41%-261.925+727%-751.092+2273%-625.533+1876%
Quick Ratio--0.0200.019+5%0.022-11%0.143-86%0.221-91%
Return On Assets---0.027-0.0270%-0.002-92%-0.007-74%-0.001-95%
Return On Equity---0.204-0.164-20%-0.009-96%-0.037-82%-0.013-94%
Total Gains Per Share---0.121-0.124+3%-0.061-50%-0.011-91%0.017-797%
Usd Book Value--89438186.404107537742.679-17%150190005.019-40%139085950.708-36%138501507.836-35%
Usd Book Value Change Per Share---0.019-0.019+2%-0.011-42%-0.004-80%-0.002-88%
Usd Book Value Per Share--0.1310.157-17%0.219-40%0.203-36%0.202-35%
Usd Dividend Per Share--0.0020.002+0%0.003-14%0.002-4%0.005-52%
Usd Eps---0.017-0.017+2%-0.008-55%-0.005-69%-0.002-91%
Usd Free Cash Flow---906774.681-2621387.182+189%-62963.920-93%-12066093.798+1231%-2370030.361+161%
Usd Free Cash Flow Per Share---0.001-0.004+189%0.000-93%-0.018+1231%-0.004+237%
Usd Free Cash Flow To Equity Per Share---0.001-0.004+189%-0.003+107%-0.006+351%0.005-124%
Usd Market Cap379151764.685+4%363037814.686483892439.679-25%970154577.887-63%629344535.406-42%795981735.985-54%
Usd Price Per Share0.554+4%0.5300.707-25%1.417-63%0.919-42%1.162-54%
Usd Profit---11549808.469-11773942.968+2%-896130.341-92%-2828343.225-76%-641319.717-94%
Usd Revenue--9220287.7598429223.952+9%22674735.247-59%9874848.454-7%29114107.795-68%
Usd Total Gains Per Share---0.017-0.017+3%-0.008-50%-0.002-91%0.002-797%
 EOD+5 -3MRQTTM+22 -12YOY+6 -285Y+10 -2510Y+9 -26

3.2. Fundamental Score

Let's check the fundamental score of Ningxia Xinri Hengli Steel Wire Rope Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-8.207
Price to Book Ratio (EOD)Between0-14.239
Net Profit Margin (MRQ)Greater than0-1.253
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.020
Current Ratio (MRQ)Greater than10.100
Debt to Asset Ratio (MRQ)Less than10.794
Debt to Equity Ratio (MRQ)Less than16.087
Return on Equity (MRQ)Greater than0.15-0.204
Return on Assets (MRQ)Greater than0.05-0.027
Total1/10 (10.0%)

3.3. Technical Score

Let's check the technical score of Ningxia Xinri Hengli Steel Wire Rope Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5085.635
Ma 20Greater thanMa 502.428
Ma 50Greater thanMa 1002.471
Ma 100Greater thanMa 2002.979
OpenGreater thanClose4.000
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets3,136,576
Total Liabilities2,490,347
Total Stockholder Equity409,116
 As reported
Total Liabilities 2,490,347
Total Stockholder Equity+ 409,116
Total Assets = 3,136,576

Assets

Total Assets3,136,576
Total Current Assets171,992
Long-term Assets2,964,584
Total Current Assets
Cash And Cash Equivalents 10,785
Net Receivables 34,091
Inventory 106,990
Other Current Assets 407
Total Current Assets  (as reported)171,992
Total Current Assets  (calculated)152,273
+/- 19,719
Long-term Assets
Property Plant Equipment 2,097,258
Intangible Assets 76,334
Long-term Assets Other 24,450
Long-term Assets  (as reported)2,964,584
Long-term Assets  (calculated)2,198,042
+/- 766,542

Liabilities & Shareholders' Equity

Total Current Liabilities1,713,586
Long-term Liabilities776,761
Total Stockholder Equity409,116
Total Current Liabilities
Short Long Term Debt 346,793
Accounts payable 646,642
Other Current Liabilities 1,100
Total Current Liabilities  (as reported)1,713,586
Total Current Liabilities  (calculated)994,535
+/- 719,051
Long-term Liabilities
Long term Debt 231,400
Capital Lease Obligations Min Short Term Debt1,384
Long-term Liabilities  (as reported)776,761
Long-term Liabilities  (calculated)232,784
+/- 543,977
Total Stockholder Equity
Total Stockholder Equity (as reported)409,116
Total Stockholder Equity (calculated)0
+/- 409,116
Other
Capital Stock684,884
Common Stock Shares Outstanding 684,884
Net Debt 567,408
Net Invested Capital 987,309
Net Working Capital -1,541,593
Property Plant and Equipment Gross 2,097,258



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 
648,242
778,593
1,077,071
1,117,892
1,156,378
1,231,093
1,282,150
1,238,946
1,275,664
1,348,067
1,350,526
1,329,178
1,365,378
1,298,478
1,282,304
1,384,813
1,374,302
1,358,894
1,411,171
1,416,883
1,242,428
1,250,547
1,232,147
1,212,250
1,283,798
1,244,768
1,260,553
1,323,096
1,387,526
1,371,533
1,466,270
1,469,983
1,466,371
1,464,790
1,587,713
1,588,450
1,650,607
1,656,890
1,757,411
1,807,392
1,803,343
1,664,970
1,919,281
1,997,859
1,960,050
2,368,267
2,521,573
2,538,282
2,661,576
2,602,681
2,717,745
2,561,362
2,579,525
2,521,670
2,559,552
2,400,795
2,499,848
2,484,590
2,530,853
3,922,653
4,126,799
4,060,130
4,013,423
3,345,942
3,353,909
3,409,684
2,422,491
2,299,044
2,101,064
2,225,437
2,268,033
0
2,268,748
1,790,318
1,812,103
2,247,719
2,563,452
2,502,258
2,614,305
3,334,571
3,202,559
3,189,841
3,191,476
3,465,248
3,290,454
3,412,667
3,200,653
3,278,698
3,216,319
3,148,761
3,136,576
3,136,5763,148,7613,216,3193,278,6983,200,6533,412,6673,290,4543,465,2483,191,4763,189,8413,202,5593,334,5712,614,3052,502,2582,563,4522,247,7191,812,1031,790,3182,268,74802,268,0332,225,4372,101,0642,299,0442,422,4913,409,6843,353,9093,345,9424,013,4234,060,1304,126,7993,922,6532,530,8532,484,5902,499,8482,400,7952,559,5522,521,6702,579,5252,561,3622,717,7452,602,6812,661,5762,538,2822,521,5732,368,2671,960,0501,997,8591,919,2811,664,9701,803,3431,807,3921,757,4111,656,8901,650,6071,588,4501,587,7131,464,7901,466,3711,469,9831,466,2701,371,5331,387,5261,323,0961,260,5531,244,7681,283,7981,212,2501,232,1471,250,5471,242,4281,416,8831,411,1711,358,8941,374,3021,384,8131,282,3041,298,4781,365,3781,329,1781,350,5261,348,0671,275,6641,238,9461,282,1501,231,0931,156,3781,117,8921,077,071778,593648,242
   > 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
0
0
0
1,264,451
799,007
799,962
768,398
980,268
602,602
533,858
719,321
501,383
359,280
334,031
302,056
302,816
427,792
221,326
251,858
208,985
163,720
171,992
171,992163,720208,985251,858221,326427,792302,816302,056334,031359,280501,383719,321533,858602,602980,268768,398799,962799,0071,264,451000000000000000000000000000000000000000000000000000000000000000000000000
       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
0
0
0
75,343
80,518
56,705
168,139
371,729
162,551
65,163
207,226
310,423
183,493
171,955
110,953
80,089
167,250
47,353
89,484
35,779
21,289
10,785
10,78521,28935,77989,48447,353167,25080,089110,953171,955183,493310,423207,22665,163162,551371,729168,13956,70580,51875,343000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
181,194
180,685
241,387
202,230
240,936
205,518
217,269
182,045
175,483
210,481
199,028
251,004
204,923
205,513
224,179
171,372
173,883
190,814
195,805
195,885
170,213
173,738
186,940
151,301
167,257
160,530
160,234
179,680
208,245
201,617
211,865
225,685
212,156
232,600
266,565
263,559
275,746
311,963
345,045
305,905
358,554
343,887
350,357
372,985
306,789
393,730
423,818
434,991
479,488
518,048
565,337
559,439
757,074
653,157
575,791
408,805
408,246
479,124
460,283
433,949
529,407
436,874
433,811
696,929
662,768
726,233
438,435
68,694
73,511
37,062
88,317
0
32,492
29,417
29,004
458,998
456,963
280,700
310,630
308,950
39,573
24,291
67,629
23,321
23,539
32,527
25,302
32,676
27,484
30,135
34,091
34,09130,13527,48432,67625,30232,52723,53923,32167,62924,29139,573308,950310,630280,700456,963458,99829,00429,41732,492088,31737,06273,51168,694438,435726,233662,768696,929433,811436,874529,407433,949460,283479,124408,246408,805575,791653,157757,074559,439565,337518,048479,488434,991423,818393,730306,789372,985350,357343,887358,554305,905345,045311,963275,746263,559266,565232,600212,156225,685211,865201,617208,245179,680160,234160,530167,257151,301186,940173,738170,213195,885195,805190,814173,883171,372224,179205,513204,923251,004199,028210,481175,483182,045217,269205,518240,936202,230241,387180,685181,194
       Other Current Assets 
50,982
41,787
59,941
47,853
85,166
21,738
50,341
37,294
76,973
50,290
66,178
83,219
66,548
24,000
40,888
55,674
65,805
50,159
60,711
62,054
40,118
49,126
50,269
79,410
54,248
74,142
119,839
132,876
136,369
91,811
83,568
76,563
72,777
73,127
74,320
54,145
93,590
70,526
138,918
73,604
55,725
54,773
197,150
105,321
180,692
288,411
442,699
418,378
277,910
181,345
340,701
174,048
184,849
198,391
185,518
31,799
112,531
62,628
59,443
42,208
67,028
131,673
187,824
77,661
157,359
106,978
140,541
1,062,682
1,013,804
1,046,275
1,042,916
0
22,204
20,734
21,107
49,862
55,732
56,791
71,266
123,535
66,983
76,842
19,755
70,068
20,503
2,113
496
2,129
1,440
355
407
4073551,4402,1294962,11320,50370,06819,75576,84266,983123,53571,26656,79155,73249,86221,10720,73422,20401,042,9161,046,2751,013,8041,062,682140,541106,978157,35977,661187,824131,67367,02842,20859,44362,628112,53131,799185,518198,391184,849174,048340,701181,345277,910418,378442,699288,411180,692105,321197,15054,77355,72573,604138,91870,52693,59054,14574,32073,12772,77776,56383,56891,811136,369132,876119,83974,14254,24879,41050,26949,12640,11862,05460,71150,15965,80555,67440,88824,00066,54883,21966,17850,29076,97337,29450,34121,73885,16647,85359,94141,78750,982
   > 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
1,004,297
991,311
1,012,141
1,479,321
1,583,184
1,899,656
2,080,448
2,615,250
2,701,176
2,830,561
2,857,446
3,163,192
2,987,638
2,984,876
2,979,327
3,026,839
3,007,334
2,985,040
2,964,584
2,964,5842,985,0403,007,3343,026,8392,979,3272,984,8762,987,6383,163,1922,857,4462,830,5612,701,1762,615,2502,080,4481,899,6561,583,1841,479,3211,012,141991,3111,004,297000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
256,107
296,687
353,313
424,966
427,018
450,413
445,303
448,382
440,828
441,220
437,503
455,648
450,085
446,533
449,285
458,244
454,223
476,456
476,051
492,135
473,087
514,651
459,316
508,346
445,915
488,051
431,819
544,256
497,130
539,298
524,423
580,061
532,142
578,895
525,920
586,214
533,440
590,290
538,473
662,271
598,776
664,137
647,509
684,330
653,526
704,318
704,350
734,003
702,503
751,455
735,408
797,332
730,877
719,505
708,501
698,217
685,639
671,506
659,697
666,242
654,601
645,010
636,390
617,107
606,532
602,117
224,767
194,033
196,257
202,020
213,007
311,098
362,376
350,822
377,967
677,860
726,901
999,153
1,173,750
1,863,320
1,919,362
2,052,896
2,084,883
2,399,586
0
0
2,143,892
2,198,142
2,159,221
2,128,726
2,097,258
2,097,2582,128,7262,159,2212,198,1422,143,892002,399,5862,084,8832,052,8961,919,3621,863,3201,173,750999,153726,901677,860377,967350,822362,376311,098213,007202,020196,257194,033224,767602,117606,532617,107636,390645,010654,601666,242659,697671,506685,639698,217708,501719,505730,877797,332735,408751,455702,503734,003704,350704,318653,526684,330647,509664,137598,776662,271538,473590,290533,440586,214525,920578,895532,142580,061524,423539,298497,130544,256431,819488,051445,915508,346459,316514,651473,087492,135476,051476,456454,223458,244449,285446,533450,085455,648437,503441,220440,828448,382445,303450,413427,018424,966353,313296,687256,107
       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
0
0
0
0
0
0
0
1,421,852
1,421,852
1,421,852
1,421,852
537,710
537,710
537,710
537,710
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000537,710537,710537,710537,7101,421,8521,421,8521,421,8521,421,85200000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
1,896
2,228
2,330
2,313
2,279
2,255
2,182
2,159
5,711
5,597
5,842
6,789
6,955
10,177
10,312
10,304
169
10,563
692
50,824
20
48,798
792
47,949
2
47,113
4
46,304
64
61,902
20,365
67,272
11,841
65,575
16,726
68,938
15,083
66,734
7,466
65,675
12,224
63,784
10,792
61,689
4,971
51,043
304
86,712
36,732
79,834
33,025
74,107
71,933
69,805
67,629
65,580
63,401
44,442
1,548,150
1,546,527
1,545,614
1,541,497
657,772
655,826
653,574
620,605
5,845
5,792
22,795
22,895
0
47,468
748
47,333
47,046
47,714
48,495
54,855
53,819
53,409
61,697
60,453
52,532
84,432
84,195
80,562
79,295
78,586
77,321
76,334
76,33477,32178,58679,29580,56284,19584,43252,53260,45361,69753,40953,81954,85548,49547,71447,04647,33374847,468022,89522,7955,7925,845620,605653,574655,826657,7721,541,4971,545,6141,546,5271,548,15044,44263,40165,58067,62969,80571,93374,10733,02579,83436,73286,71230451,0434,97161,68910,79263,78412,22465,6757,46666,73415,08368,93816,72665,57511,84167,27220,36561,9026446,304447,113247,94979248,7982050,82469210,56316910,30410,31210,1776,9556,7895,8425,5975,7112,1592,1822,2552,2792,3132,3302,2281,8960
       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
15,000
15,000
15,000
153,702
195,886
244,739
246,037
28,685
46,339
35,114
41,733
31,736
5,286
5,290
33,383
6,244
9,400
15,138
24,450
24,45015,1389,4006,24433,3835,2905,28631,73641,73335,11446,33928,685246,037244,739195,886153,70215,00015,00015,000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
205,905
338,913
415,880
433,568
468,965
530,948
577,793
534,673
575,948
653,127
663,443
638,867
669,830
601,539
580,035
690,683
683,217
672,589
724,600
718,725
735,171
742,159
734,969
732,698
794,009
755,948
769,868
834,844
899,172
877,605
969,536
972,744
992,010
992,984
1,108,258
1,089,750
1,124,350
1,146,275
1,266,464
1,312,951
1,313,298
1,177,796
878,702
952,177
919,808
1,316,398
1,466,009
1,449,831
1,571,271
1,508,519
1,634,747
1,474,088
1,433,875
1,418,556
1,479,739
1,476,469
1,600,713
1,618,971
1,599,205
2,890,438
3,117,629
3,087,621
3,014,575
2,443,278
2,447,696
2,428,081
1,416,668
1,278,828
1,079,752
1,206,874
1,243,533
0
1,281,291
835,615
867,840
1,322,613
1,637,132
1,582,531
1,698,862
2,061,674
1,928,894
1,930,607
1,944,446
2,242,040
2,269,971
2,345,663
2,170,598
2,384,617
2,388,650
2,408,713
2,490,347
2,490,3472,408,7132,388,6502,384,6172,170,5982,345,6632,269,9712,242,0401,944,4461,930,6071,928,8942,061,6741,698,8621,582,5311,637,1321,322,613867,840835,6151,281,29101,243,5331,206,8741,079,7521,278,8281,416,6682,428,0812,447,6962,443,2783,014,5753,087,6213,117,6292,890,4381,599,2051,618,9711,600,7131,476,4691,479,7391,418,5561,433,8751,474,0881,634,7471,508,5191,571,2711,449,8311,466,0091,316,398919,808952,177878,7021,177,7961,313,2981,312,9511,266,4641,146,2751,124,3501,089,7501,108,258992,984992,010972,744969,536877,605899,172834,844769,868755,948794,009732,698734,969742,159735,171718,725724,600672,589683,217690,683580,035601,539669,830638,867663,443653,127575,948534,673577,793530,948468,965433,568415,880338,913205,905
   > Total Current Liabilities 
146,405
264,413
386,881
392,014
427,410
444,394
491,239
428,049
460,894
598,002
593,372
578,557
589,519
521,179
549,534
690,035
680,572
669,944
673,607
648,422
694,868
721,859
714,592
712,468
753,809
755,748
769,668
783,350
845,866
827,670
922,547
904,009
932,934
916,101
1,033,862
1,017,805
978,973
975,517
1,048,375
1,101,818
1,104,951
998,090
713,202
786,677
754,308
1,170,898
1,319,489
1,298,729
1,440,284
1,377,664
1,503,624
1,344,562
1,324,453
1,309,308
1,405,664
1,430,831
1,585,339
1,603,862
1,584,360
1,691,913
1,921,214
1,887,742
1,815,704
1,549,876
1,548,412
1,449,308
1,322,735
1,278,131
1,079,072
1,206,214
1,240,449
0
1,280,784
835,125
864,368
686,402
765,102
628,886
669,327
1,142,424
979,108
861,497
724,151
1,080,041
1,050,415
1,207,667
1,380,413
1,566,516
1,619,391
1,638,308
1,713,586
1,713,5861,638,3081,619,3911,566,5161,380,4131,207,6671,050,4151,080,041724,151861,497979,1081,142,424669,327628,886765,102686,402864,368835,1251,280,78401,240,4491,206,2141,079,0721,278,1311,322,7351,449,3081,548,4121,549,8761,815,7041,887,7421,921,2141,691,9131,584,3601,603,8621,585,3391,430,8311,405,6641,309,3081,324,4531,344,5621,503,6241,377,6641,440,2841,298,7291,319,4891,170,898754,308786,677713,202998,0901,104,9511,101,8181,048,375975,517978,9731,017,8051,033,862916,101932,934904,009922,547827,670845,866783,350769,668755,748753,809712,468714,592721,859694,868648,422673,607669,944680,572690,035549,534521,179589,519578,557593,372598,002460,894428,049491,239444,394427,410392,014386,881264,413146,405
       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
481,000
496,000
525,300
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000525,300496,000481,000000000000000000000000000000000000000000000000000000000000000000000000000
       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
481,000
496,000
525,300
404,100
510,800
508,800
500,800
497,375
489,757
494,401
350,383
344,192
335,171
430,193
360,238
331,340
331,006
332,415
346,793
346,793332,415331,006331,340360,238430,193335,171344,192350,383494,401489,757497,375500,800508,800510,800404,100525,300496,000481,000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
26,225
44,951
60,689
37,061
59,929
74,214
64,981
73,486
118,637
160,418
150,611
140,942
174,774
113,770
119,098
191,189
185,749
170,341
193,398
214,763
189,799
175,198
140,883
138,813
193,579
134,762
152,016
150,127
187,470
183,191
231,524
208,582
195,262
205,299
293,957
299,911
340,926
334,196
341,450
356,198
354,771
325,785
307,404
269,728
284,580
544,264
667,065
682,983
798,248
714,895
828,880
651,107
644,386
676,679
648,215
273,754
289,671
276,757
239,805
248,641
267,216
234,952
278,995
286,223
342,210
346,909
390,140
461,716
347,969
254,944
281,339
0
192,974
232,360
204,645
175,102
146,596
107,339
154,859
414,530
298,093
274,340
272,132
567,220
572,807
592,298
576,514
692,237
664,834
629,800
646,642
646,642629,800664,834692,237576,514592,298572,807567,220272,132274,340298,093414,530154,859107,339146,596175,102204,645232,360192,9740281,339254,944347,969461,716390,140346,909342,210286,223278,995234,952267,216248,641239,805276,757289,671273,754648,215676,679644,386651,107828,880714,895798,248682,983667,065544,264284,580269,728307,404325,785354,771356,198341,450334,196340,926299,911293,957205,299195,262208,582231,524183,191187,470150,127152,016134,762193,579138,813140,883175,198189,799214,763193,398170,341185,749191,189119,098113,770174,774140,942150,611160,418118,63773,48664,98174,21459,92937,06160,68944,95126,225
       Other Current Liabilities 
49,780
128,662
77,742
89,253
59,081
76,030
124,758
67,563
59,157
76,484
88,706
75,562
71,241
88,156
100,036
147,446
158,423
183,003
193,509
147,159
168,069
120,861
138,409
132,155
126,430
164,686
206,852
225,423
244,096
203,179
235,923
249,827
284,872
260,702
276,805
259,794
170,447
153,721
217,325
212,820
220,380
152,705
118,698
91,849
111,628
126,634
116,424
84,446
84,336
78,669
111,744
93,905
133,066
144,829
226,449
269,577
255,639
258,150
222,554
451,378
500,048
541,184
414,199
137,103
194,882
130,369
117,275
226,415
299,103
531,270
614,109
0
192
131
131
6,682
92,486
5,072
7,795
40,949
13,604
12,327
23,013
85,171
4,214
1,975
2,321
1,343
186,420
1,264
1,100
1,1001,264186,4201,3432,3211,9754,21485,17123,01312,32713,60440,9497,7955,07292,4866,6821311311920614,109531,270299,103226,415117,275130,369194,882137,103414,199541,184500,048451,378222,554258,150255,639269,577226,449144,829133,06693,905111,74478,66984,33684,446116,424126,634111,62891,849118,698152,705220,380212,820217,325153,721170,447259,794276,805260,702284,872249,827235,923203,179244,096225,423206,852164,686126,430132,155138,409120,861168,069147,159193,509183,003158,423147,446100,03688,15671,24175,56288,70676,48459,15767,563124,75876,03059,08189,25377,742128,66249,780
   > 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
507
489
3,472
636,211
872,029
953,645
1,029,535
919,249
949,786
1,069,109
1,220,294
1,161,999
1,219,556
1,137,995
790,185
818,100
769,258
770,405
776,761
776,761770,405769,258818,100790,1851,137,9951,219,5561,161,9991,220,2941,069,109949,786919,2491,029,535953,645872,029636,2113,472489507000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
69
0
70
71
310
311
359
501
648
645
645
993
303
303
300
377
230
200
200
200
51,494
53,306
49,935
46,989
41,235
39,076
36,883
34,396
31,945
29,377
26,758
24,089
27,333
24,547
24,706
10,500
10,500
10,500
10,500
11,520
16,102
15,987
15,855
16,123
14,526
14,422
14,248
14,075
15,638
15,374
15,110
14,845
386,299
1,184,330
387,936
1,187,472
83,307
88,225
98,936
81,316
697
680
660
3,085
625
507
489
3,472
16,211
3,609
637,645
653,535
69,249
16,586
92,809
18,305
671,035
0
0
0
0
22,623
0
0
0022,6230000671,03518,30592,80916,58669,249653,535637,6453,60916,2113,4724895076253,08566068069781,31698,93688,22583,3071,187,472387,9361,184,330386,29914,84515,11015,37415,63814,07514,24814,42214,52616,12315,85515,98716,10211,52010,50010,50010,50010,50024,70624,54727,33324,08926,75829,37731,94534,39636,88339,07641,23546,98949,93553,30651,49420020020023037730030330399364564564850135931131071700690000000
       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
873
1,943
7,766
8,193
7,988
8,622
15,388
7,650
0
0
0
0
0
0
0
00000007,65015,3888,6227,9888,1937,7661,9438730000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
442,278
435,861
651,982
674,702
677,451
689,822
693,880
700,289
695,825
690,850
683,025
672,821
678,316
679,679
680,065
678,798
675,665
670,873
670,984
682,624
491,149
492,662
481,770
463,989
473,589
473,217
475,032
480,032
480,186
485,641
488,264
485,627
462,876
460,423
470,109
489,451
466,926
452,795
431,310
433,349
428,132
425,079
976,583
983,295
977,813
990,096
994,311
1,026,504
1,029,374
1,032,693
1,034,298
1,036,966
1,098,162
1,053,629
1,032,843
920,784
895,626
862,279
899,128
963,409
939,509
905,234
893,628
796,752
791,842
784,291
806,131
862,821
863,236
858,482
862,940
0
865,256
922,217
913,443
899,553
901,081
894,000
890,696
956,151
959,132
945,326
936,350
913,445
733,167
775,276
745,014
629,310
571,151
492,558
409,116
409,116492,558571,151629,310745,014775,276733,167913,445936,350945,326959,132956,151890,696894,000901,081899,553913,443922,217865,2560862,940858,482863,236862,821806,131784,291791,842796,752893,628905,234939,509963,409899,128862,279895,626920,7841,032,8431,053,6291,098,1621,036,9661,034,2981,032,6931,029,3741,026,504994,311990,096977,813983,295976,583425,079428,132433,349431,310452,795466,926489,451470,109460,423462,876485,627488,264485,641480,186480,032475,032473,217473,589463,989481,770492,662491,149682,624670,984670,873675,665678,798680,065679,679678,316672,821683,025690,850695,825700,289693,880689,822677,451674,702651,982435,861442,278
   Common Stock
213,600
229,600
251,200
251,200
251,200
251,200
251,200
251,200
251,200
251,200
251,200
251,200
251,200
251,200
251,200
251,200
251,200
251,200
251,200
251,200
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
193,954
273,954
273,954
273,954
273,954
273,954
273,954
273,954
273,954
273,954
273,954
273,954
273,954
273,954
273,954
273,954
273,954
273,954
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
684,884
0
0
0
0
0
0
0
0000000684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884684,884273,954273,954273,954273,954273,954273,954273,954273,954273,954273,954273,954273,954273,954273,954273,954273,954273,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954193,954251,200251,200251,200251,200251,200251,200251,200251,200251,200251,200251,200251,200251,200251,200251,200251,200251,200251,200229,600213,600
   Retained Earnings 
58,159
0
21,553
32,596
35,299
47,641
51,700
52,108
47,644
42,669
34,844
22,375
27,870
29,234
29,584
26,447
23,314
18,522
18,633
29,124
19,273
21,016
10,127
0
3,021
2,649
4,463
9,911
10,066
15,520
18,143
17,349
0
0
2,924
22,288
0
0
0
0
0
0
0
0
0
0
0
10,451
13,038
16,072
19,538
32,567
128,721
85,769
64,609
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-149,919
-186,784
-210,299
-219,073
-202,402
-200,873
-207,878
-211,092
-190,142
-187,306
-201,361
-210,114
-213,107
-425,079
-383,013
-413,344
-529,217
-587,651
-665,990
-749,442
-749,442-665,990-587,651-529,217-413,344-383,013-425,079-213,107-210,114-201,361-187,306-190,142-211,092-207,878-200,873-202,402-219,073-210,299-186,784-149,919000000000000000064,60985,769128,72132,56719,53816,07213,03810,4510000000000022,2882,9240017,34918,14315,52010,0669,9114,4632,6493,021010,12721,01619,27329,12418,63318,52223,31426,44729,58429,23427,87022,37534,84442,66947,64452,10851,70047,64135,29932,59621,553058,159
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
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0
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114
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-859
-859
-937
-1,079
-2,109
-1,964
-1,736
-1,958
-125
0
0
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0000000-125-1,958-1,736-1,964-2,109-1,079-937-859-85900011400000000000000000000000000000000000000000000000000000000000000000000000



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 (+$)
totalRevenue243,619
Cost of Revenue-306,278
Gross Profit-62,658-62,658
 
Operating Income (+$)
Gross Profit-62,658
Operating Expense-425,212
Operating Income-181,593-487,871
 
Operating Expense (+$)
Research Development12,580
Selling General Administrative16,121
Selling And Marketing Expenses-
Operating Expense425,21228,701
 
Net Interest Income (+$)
Interest Income1,059
Interest Expense-141,853
Other Finance Cost-683
Net Interest Income-141,476
 
Pretax Income (+$)
Operating Income-181,593
Net Interest Income-141,476
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-385,272-181,593
EBIT - interestExpense = -141,853
-340,287
-198,435
Interest Expense141,853
Earnings Before Interest and Taxes (EBIT)--243,420
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-385,272
Tax Provision-2,943
Net Income From Continuing Ops-388,215-388,215
Net Income-340,287
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-141,476
 

Technical Analysis of Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The general trend of Ningxia Xinri Hengli Steel Wire Rope Co Ltd is BULLISH with 14.3% 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 Ningxia Xinri Hengli Steel Wire Rope 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 (14.3%) Bearish trend (-14.3%)
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 Ningxia Xinri Hengli Steel Wire Rope 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: 4.38 < 4.99 < 5.71.

The bearish price targets are: 3.93 > 3.76 > 3.45.

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Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-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 up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The current macd is 0.31102947.

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 Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope 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
Ningxia Xinri Hengli Steel Wire Rope Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNingxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The current adx is 33.73.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Ningxia Xinri Hengli Steel Wire Rope Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The current sar is 2.28760046.

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
Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The current rsi is 85.63. The current phase is Overbought in bull market.

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

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Ningxia Xinri Hengli Steel Wire Rope Co Ltd Daily Relative Strength Index (RSI) ChartNingxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The current phase is Overbought in bull 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 above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Ningxia Xinri Hengli Steel Wire Rope Co Ltd Daily Stochastic Oscillator ChartNingxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The current cci is 239.30.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Ningxia Xinri Hengli Steel Wire Rope Co Ltd Daily Commodity Channel Index (CCI) ChartNingxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The current cmo is 86.87.

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
Ningxia Xinri Hengli Steel Wire Rope Co Ltd Daily Chande Momentum Oscillator (CMO) ChartNingxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Ningxia Xinri Hengli Steel Wire Rope Co Ltd Daily Williams %R ChartNingxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd.

Ningxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The current atr is 0.21366159.

Ningxia Xinri Hengli Steel Wire Rope Co Ltd Daily Average True Range (ATR) ChartNingxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The current obv is -135,755,323.

Ningxia Xinri Hengli Steel Wire Rope Co Ltd Daily On-Balance Volume (OBV) ChartNingxia Xinri Hengli Steel Wire Rope 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 Ningxia Xinri Hengli Steel Wire Rope Co Ltd. The current mfi is 82.80.

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

  • MFI > 50: +1
  • MFI > 80: +1
Ningxia Xinri Hengli Steel Wire Rope Co Ltd Daily Money Flow Index (MFI) ChartNingxia Xinri Hengli Steel Wire Rope Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ningxia Xinri Hengli Steel Wire Rope 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
2023-11-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20STOCH 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
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-12MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17WILLR 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).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05ATR 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).
2024-02-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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
2024-03-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Ningxia Xinri Hengli Steel Wire Rope Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ningxia Xinri Hengli Steel Wire Rope Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5085.635
Ma 20Greater thanMa 502.428
Ma 50Greater thanMa 1002.471
Ma 100Greater thanMa 2002.979
OpenGreater thanClose4.000
Total1/5 (20.0%)
Penke

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