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Shenghe Resources Holding Co Ltd
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PenkeI guess you are interested in Shenghe Resources Holding 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 Shenghe Resources Holding 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 Shenghe Resources Holding Co Ltd (30 sec.)










What can you expect buying and holding a share of Shenghe Resources Holding 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
¥5.46
Expected worth in 1 year
¥5.15
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
¥-0.15
Return On Investment
-1.6%

For what price can you sell your share?

Current Price per Share
¥9.52
Expected price per share
¥6.92 - ¥10.56
How sure are you?
50%

1. Valuation of Shenghe Resources Holding Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥9.52

Intrinsic Value Per Share

¥12.36 - ¥14.81

Total Value Per Share

¥17.82 - ¥20.27

2. Growth of Shenghe Resources Holding Co Ltd (5 min.)




Is Shenghe Resources Holding Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$1.3b$1.4b-$67.3m-4.9%

How much money is Shenghe Resources Holding Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$9.2m$59.8m-$50.6m-549.2%
Net Profit Margin1.6%10.7%--

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

3. Financial Health of Shenghe Resources Holding Co Ltd (5 min.)




4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#52 / 897

Most Revenue
#58 / 897

Most Profit
#91 / 897

Most Efficient
#133 / 897

What can you expect buying and holding a share of Shenghe Resources Holding Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Shenghe Resources Holding Co Ltd?

First you should know what it really means to hold a share of Shenghe Resources Holding Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Shenghe Resources Holding Co Ltd is ¥9.52. 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 Shenghe Resources Holding 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 Shenghe Resources Holding 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 ¥5.46. Based on the TTM, the Book Value Change Per Share is ¥-0.08 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.21 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 ¥0.04 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shenghe Resources Holding 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 Eps0.010.1%0.000.0%0.030.4%0.010.1%0.010.1%
Usd Book Value Change Per Share-0.03-0.3%-0.01-0.1%0.030.3%0.020.2%0.020.2%
Usd Dividend Per Share0.020.2%0.010.1%0.010.1%0.010.1%0.000.0%
Usd Total Gains Per Share-0.01-0.1%-0.01-0.1%0.040.4%0.020.2%0.020.2%
Usd Price Per Share1.50-1.80-2.57-1.80-2.10-
Price to Earnings Ratio64.18-269.58-27.33-92.19-738.23-
Price-to-Total Gains Ratio-140.25--125.19-46.84--1,078.87--242.89-
Price to Book Ratio1.99-2.27-3.14-2.86-10.64-
Price-to-Total Gains Ratio-140.25--125.19-46.84--1,078.87--242.89-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.317568
Number of shares758
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share-0.010.02
Usd Total Gains Per Share-0.010.02
Gains per Quarter (758 shares)-3.9316.25
Gains per Year (758 shares)-15.7264.98
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
117-33-26164955
234-66-423298120
351-98-5848147185
468-131-7464196250
585-164-9080245315
6103-197-10696294380
7120-230-122112343445
8137-262-138128392510
9154-295-154144441575
10171-328-170160490640

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%18.02.00.090.0%33.02.05.082.5%61.02.018.075.3%
Book Value Change Per Share1.03.00.025.0%7.05.00.058.3%12.08.00.060.0%27.013.00.067.5%52.029.00.064.2%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%77.00.04.095.1%
Total Gains per Share1.03.00.025.0%7.05.00.058.3%13.07.00.065.0%30.010.00.075.0%63.018.00.077.8%

Fundamentals of Shenghe Resources Holding Co Ltd

About Shenghe Resources Holding Co Ltd

Shenghe Resources Holding Co., Ltd engages in the research and development, production, and supply of rare earth and related products in China and internationally. The company offers rare earth concentrates, compounds, and metals. It also offers mineral sands comprising of titanium concentrate, rutile, kyanite, garnet, monazite, and zircon sands. The company serves new energy, new materials, energy conservation, environmental protection, aerospace, military industry, electronics, and other sectors. The company was formerly known as Taiyuan Tiancheng Science & Technology Co., Ltd and changed its name to Shenghe Resources Holding Co., Ltd in January 2013. Shenghe Resources Holding Co., Ltd was founded in 1998 and is based in Chengdu, China.

Fundamental data was last updated by Penke on 2024-03-26 17:25:12.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating inefficient.
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 expensive.

1.1. Profitability of Shenghe Resources Holding Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Shenghe Resources Holding Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Shenghe Resources Holding Co Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of 1.6% means that ¥0.02 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Shenghe Resources Holding Co Ltd:

  • The MRQ is 1.6%. The company is making a profit. +1
  • The TTM is 1.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.6%TTM1.6%+0.1%
TTM1.6%YOY10.7%-9.1%
TTM1.6%5Y4.7%-3.1%
5Y4.7%10Y5.0%-0.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6%-35.3%+36.9%
TTM1.6%-40.5%+42.1%
YOY10.7%-50.7%+61.4%
5Y4.7%-330.2%+334.9%
10Y5.0%-750.2%+755.2%
1.1.2. Return on Assets

Shows how efficient Shenghe Resources Holding Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Shenghe Resources Holding Co Ltd to the Other Industrial Metals & Mining industry mean.
  • 0.5% Return on Assets means that Shenghe Resources Holding Co Ltd generated ¥0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shenghe Resources Holding Co Ltd:

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM0.4%+0.1%
TTM0.4%YOY2.7%-2.3%
TTM0.4%5Y1.1%-0.7%
5Y1.1%10Y1.2%-0.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%-6.0%+6.5%
TTM0.4%-6.8%+7.2%
YOY2.7%-5.9%+8.6%
5Y1.1%-9.2%+10.3%
10Y1.2%-12.0%+13.2%
1.1.3. Return on Equity

Shows how efficient Shenghe Resources Holding Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Shenghe Resources Holding Co Ltd to the Other Industrial Metals & Mining industry mean.
  • 0.8% Return on Equity means Shenghe Resources Holding Co Ltd generated ¥0.01 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shenghe Resources Holding Co Ltd:

  • The MRQ is 0.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.7%+0.1%
TTM0.7%YOY4.3%-3.6%
TTM0.7%5Y1.8%-1.1%
5Y1.8%10Y1.9%-0.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%-6.9%+7.7%
TTM0.7%-7.5%+8.2%
YOY4.3%-6.1%+10.4%
5Y1.8%-9.8%+11.6%
10Y1.9%-12.8%+14.7%

1.2. Operating Efficiency of Shenghe Resources Holding Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shenghe Resources Holding Co Ltd is operating .

  • Measures how much profit Shenghe Resources Holding 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 Shenghe Resources Holding Co Ltd to the Other Industrial Metals & Mining 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 Shenghe Resources Holding Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.0%0.0%
TTM0.0%YOY13.8%-13.7%
TTM0.0%5Y7.2%-7.1%
5Y7.2%10Y4.1%+3.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--285.5%+285.5%
TTM0.0%-46.7%+46.7%
YOY13.8%-76.4%+90.2%
5Y7.2%-361.7%+368.9%
10Y4.1%-693.1%+697.2%
1.2.2. Operating Ratio

Measures how efficient Shenghe Resources Holding Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 1.96 means that the operating costs are ¥1.96 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Shenghe Resources Holding Co Ltd:

  • The MRQ is 1.958. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.921. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.958TTM1.921+0.037
TTM1.921YOY1.680+0.241
TTM1.9215Y1.768+0.154
5Y1.76810Y1.359+0.408
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9581.951+0.007
TTM1.9211.923-0.002
YOY1.6802.082-0.402
5Y1.7684.850-3.082
10Y1.3598.674-7.315

1.3. Liquidity of Shenghe Resources Holding Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Shenghe Resources Holding Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 2.33 means the company has ¥2.33 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Shenghe Resources Holding Co Ltd:

  • The MRQ is 2.327. The company is able to pay all its short-term debts. +1
  • The TTM is 2.183. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.327TTM2.183+0.143
TTM2.183YOY2.166+0.018
TTM2.1835Y2.016+0.167
5Y2.01610Y1.126+0.890
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3272.375-0.048
TTM2.1832.609-0.426
YOY2.1663.429-1.263
5Y2.0164.136-2.120
10Y1.1264.566-3.440
1.3.2. Quick Ratio

Measures if Shenghe Resources Holding 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 Shenghe Resources Holding Co Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 0.38 means the company can pay off ¥0.38 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shenghe Resources Holding Co Ltd:

  • The MRQ is 0.384. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.402. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.384TTM0.402-0.018
TTM0.402YOY0.442-0.040
TTM0.4025Y0.448-0.046
5Y0.44810Y0.751-0.303
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3840.893-0.509
TTM0.4020.856-0.454
YOY0.4421.119-0.677
5Y0.4481.324-0.876
10Y0.7511.428-0.677

1.4. Solvency of Shenghe Resources Holding Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Shenghe Resources Holding Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Shenghe Resources Holding Co Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.34 means that Shenghe Resources Holding Co Ltd assets are financed with 34.2% credit (debt) and the remaining percentage (100% - 34.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shenghe Resources Holding Co Ltd:

  • The MRQ is 0.342. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.347. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.342TTM0.347-0.005
TTM0.347YOY0.331+0.015
TTM0.3475Y0.371-0.024
5Y0.37110Y0.361+0.010
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3420.192+0.150
TTM0.3470.190+0.157
YOY0.3310.151+0.180
5Y0.3710.212+0.159
10Y0.3610.238+0.123
1.4.2. Debt to Equity Ratio

Measures if Shenghe Resources Holding Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Shenghe Resources Holding Co Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 56.4% means that company has ¥0.56 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shenghe Resources Holding Co Ltd:

  • The MRQ is 0.564. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.577. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.564TTM0.577-0.013
TTM0.577YOY0.529+0.047
TTM0.5775Y0.630-0.053
5Y0.63010Y0.622+0.008
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5640.192+0.372
TTM0.5770.207+0.370
YOY0.5290.155+0.374
5Y0.6300.227+0.403
10Y0.6220.249+0.373

2. Market Valuation of Shenghe Resources Holding 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 Shenghe Resources Holding Co Ltd generates.

  • Above 15 is considered overpriced but always compare Shenghe Resources Holding Co Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of 64.18 means the investor is paying ¥64.18 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shenghe Resources Holding Co Ltd:

  • The EOD is 56.212. Based on the earnings, the company is expensive. -2
  • The MRQ is 64.183. Based on the earnings, the company is expensive. -2
  • The TTM is 269.583. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD56.212MRQ64.183-7.971
MRQ64.183TTM269.583-205.400
TTM269.583YOY27.332+242.252
TTM269.5835Y92.190+177.393
5Y92.19010Y738.230-646.040
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD56.212-3.740+59.952
MRQ64.183-5.000+69.183
TTM269.583-5.557+275.140
YOY27.332-8.469+35.801
5Y92.190-10.469+102.659
10Y738.230-11.327+749.557
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Shenghe Resources Holding Co Ltd:

  • The EOD is 10.641. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 12.150. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -15.995. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD10.641MRQ12.150-1.509
MRQ12.150TTM-15.995+28.145
TTM-15.995YOY-14.276-1.719
TTM-15.9955Y-11.442-4.553
5Y-11.44210Y-4.065-7.377
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD10.641-3.924+14.565
MRQ12.150-5.463+17.613
TTM-15.995-6.302-9.693
YOY-14.276-8.457-5.819
5Y-11.442-12.796+1.354
10Y-4.065-13.886+9.821
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Shenghe Resources Holding Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 1.99 means the investor is paying ¥1.99 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Shenghe Resources Holding Co Ltd:

  • The EOD is 1.744. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.992. Based on the equity, the company is underpriced. +1
  • The TTM is 2.274. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.744MRQ1.992-0.247
MRQ1.992TTM2.274-0.282
TTM2.274YOY3.137-0.864
TTM2.2745Y2.857-0.583
5Y2.85710Y10.644-7.787
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD1.7441.161+0.583
MRQ1.9921.511+0.481
TTM2.2741.591+0.683
YOY3.1372.243+0.894
5Y2.8572.501+0.356
10Y10.6442.940+7.704
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Shenghe Resources Holding 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---0.193-0.078-59%0.215-190%0.117-265%0.122-258%
Book Value Per Share--5.4585.695-4%5.968-9%4.561+20%3.039+80%
Current Ratio--2.3272.183+7%2.166+7%2.016+15%1.126+107%
Debt To Asset Ratio--0.3420.347-1%0.331+3%0.371-8%0.361-5%
Debt To Equity Ratio--0.5640.577-2%0.529+7%0.630-11%0.622-9%
Dividend Per Share--0.1150.041+183%0.068+70%0.038+202%0.031+276%
Eps--0.0420.034+26%0.247-83%0.090-53%0.060-29%
Free Cash Flow Per Share--0.224-0.047+121%0.131+71%0.047+376%0.042+431%
Free Cash Flow To Equity Per Share--0.224-0.080+136%0.091+144%0.028+687%0.024+835%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.875+14%
Intrinsic Value_10Y_max--14.814--------
Intrinsic Value_10Y_min--12.362--------
Intrinsic Value_1Y_max--0.374--------
Intrinsic Value_1Y_min--0.367--------
Intrinsic Value_3Y_max--1.971--------
Intrinsic Value_3Y_min--1.864--------
Intrinsic Value_5Y_max--4.587--------
Intrinsic Value_5Y_min--4.185--------
Market Cap16686941143.040-14%19053261578.24022738586552.320-16%32593341342.503-42%22847589258.977-17%26643433055.560-28%
Net Profit Margin--0.0160.016+5%0.107-85%0.047-65%0.050-67%
Operating Margin---0.000-100%0.138-100%0.072-100%0.041-100%
Operating Ratio--1.9581.921+2%1.680+17%1.768+11%1.359+44%
Pb Ratio1.744-14%1.9922.274-12%3.137-37%2.857-30%10.644-81%
Pe Ratio56.212-14%64.183269.583-76%27.332+135%92.190-30%738.230-91%
Price Per Share9.520-14%10.87012.973-16%18.583-42%13.026-17%15.196-28%
Price To Free Cash Flow Ratio10.641-14%12.150-15.995+232%-14.276+217%-11.442+194%-4.065+133%
Price To Total Gains Ratio-122.832+12%-140.251-125.188-11%46.841-399%-1078.869+669%-242.885+73%
Quick Ratio--0.3840.402-4%0.442-13%0.448-14%0.751-49%
Return On Assets--0.0050.004+18%0.027-81%0.011-54%0.012-58%
Return On Equity--0.0080.007+16%0.043-81%0.018-54%0.019-56%
Total Gains Per Share---0.078-0.037-52%0.283-127%0.155-150%0.153-151%
Usd Book Value--1324042722.7891381519235.986-4%1448835639.371-9%1107198754.214+20%737690463.142+79%
Usd Book Value Change Per Share---0.027-0.011-59%0.030-190%0.016-265%0.017-258%
Usd Book Value Per Share--0.7550.788-4%0.826-9%0.631+20%0.421+80%
Usd Dividend Per Share--0.0160.006+183%0.009+70%0.005+202%0.004+276%
Usd Eps--0.0060.005+26%0.034-83%0.013-53%0.008-29%
Usd Free Cash Flow--54259745.337-11329297.432+121%31749209.752+71%11425903.684+375%5881738.780+823%
Usd Free Cash Flow Per Share--0.031-0.006+121%0.018+71%0.007+376%0.006+431%
Usd Free Cash Flow To Equity Per Share--0.031-0.011+136%0.013+144%0.004+687%0.003+835%
Usd Market Cap2309472654.197-14%2636971402.4283147020378.841-16%4510918441.802-42%3162106353.442-17%3687451134.889-28%
Usd Price Per Share1.318-14%1.5041.795-16%2.572-42%1.803-17%2.103-28%
Usd Profit--10271267.3929219227.065+11%59851167.978-83%22149858.380-54%14674819.145-30%
Usd Revenue--629619879.138587718773.957+7%543358842.058+16%391037977.802+61%247296876.702+155%
Usd Total Gains Per Share---0.011-0.005-52%0.039-127%0.021-150%0.021-151%
 EOD+5 -3MRQTTM+20 -15YOY+11 -245Y+18 -1710Y+19 -17

3.2. Fundamental Score

Let's check the fundamental score of Shenghe Resources Holding Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1556.212
Price to Book Ratio (EOD)Between0-11.744
Net Profit Margin (MRQ)Greater than00.016
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.384
Current Ratio (MRQ)Greater than12.327
Debt to Asset Ratio (MRQ)Less than10.342
Debt to Equity Ratio (MRQ)Less than10.564
Return on Equity (MRQ)Greater than0.150.008
Return on Assets (MRQ)Greater than0.050.005
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Shenghe Resources Holding Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.801
Ma 20Greater thanMa 509.582
Ma 50Greater thanMa 1009.111
Ma 100Greater thanMa 2009.671
OpenGreater thanClose9.290
Total2/5 (40.0%)



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  9,25968,01277,271-68,5268,74614,86523,611-60,090-36,480



Latest Balance Sheet

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

Summary
Total Assets14,539,111
Total Liabilities4,972,328
Total Stockholder Equity8,822,037
 As reported
Total Liabilities 4,972,328
Total Stockholder Equity+ 8,822,037
Total Assets = 14,539,111

Assets

Total Assets14,539,111
Total Current Assets9,373,919
Long-term Assets5,165,192
Total Current Assets
Cash And Cash Equivalents 2,064,776
Short-term Investments 52,879
Net Receivables 1,496,026
Inventory 3,696,093
Other Current Assets 155,341
Total Current Assets  (as reported)9,373,919
Total Current Assets  (calculated)7,465,115
+/- 1,908,804
Long-term Assets
Property Plant Equipment 1,232,584
Goodwill 285,264
Intangible Assets 317,599
Long-term Assets Other 425,090
Long-term Assets  (as reported)5,165,192
Long-term Assets  (calculated)2,260,537
+/- 2,904,655

Liabilities & Shareholders' Equity

Total Current Liabilities4,029,113
Long-term Liabilities943,215
Total Stockholder Equity8,822,037
Total Current Liabilities
Short Long Term Debt 1,676,989
Accounts payable 718,516
Other Current Liabilities 409,645
Total Current Liabilities  (as reported)4,029,113
Total Current Liabilities  (calculated)2,805,150
+/- 1,223,963
Long-term Liabilities
Long term Debt 830,483
Capital Lease Obligations Min Short Term Debt4,698
Long-term Liabilities  (as reported)943,215
Long-term Liabilities  (calculated)835,181
+/- 108,034
Total Stockholder Equity
Retained Earnings 4,047,254
Total Stockholder Equity (as reported)8,822,037
Total Stockholder Equity (calculated)4,047,254
+/- 4,774,782
Other
Capital Stock1,752,827
Common Stock Shares Outstanding 1,752,827
Net Debt 442,696
Net Invested Capital 11,329,509
Net Working Capital 5,344,806
Property Plant and Equipment Gross 1,232,584



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302002-12-312001-12-312000-12-31
> Total Assets 
69,198
95,269
163,863
433,892
458,696
568,386
531,537
604,407
639,331
722,780
759,697
818,885
869,497
851,318
850,733
840,887
914,169
993,806
956,703
959,217
969,693
976,688
984,671
1,047,154
1,145,935
1,158,124
1,221,122
1,247,037
1,411,081
1,268,978
1,187,559
1,323,219
1,199,063
1,105,551
1,084,079
1,058,974
1,091,041
932,135
924,770
862,942
843,921
1,163,724
1,129,448
1,228,528
1,259,769
1,288,031
1,478,313
1,448,416
1,517,121
1,841,084
1,690,980
1,876,585
2,279,007
2,294,658
2,420,944
2,403,582
2,381,272
2,517,148
8,686,200
8,174,476
8,789,512
8,351,106
8,914,014
8,857,064
8,826,213
8,791,493
9,172,837
9,425,148
9,119,400
9,449,492
9,668,562
9,827,585
10,163,403
12,106,339
13,294,496
13,666,350
13,150,561
15,147,807
17,350,793
14,953,294
15,167,979
15,540,961
15,936,956
15,130,127
14,539,111
14,539,11115,130,12715,936,95615,540,96115,167,97914,953,29417,350,79315,147,80713,150,56113,666,35013,294,49612,106,33910,163,4039,827,5859,668,5629,449,4929,119,4009,425,1489,172,8378,791,4938,826,2138,857,0648,914,0148,351,1068,789,5128,174,4768,686,2002,517,1482,381,2722,403,5822,420,9442,294,6582,279,0071,876,5851,690,9801,841,0841,517,1211,448,4161,478,3131,288,0311,259,7691,228,5281,129,4481,163,724843,921862,942924,770932,1351,091,0411,058,9741,084,0791,105,5511,199,0631,323,2191,187,5591,268,9781,411,0811,247,0371,221,1221,158,1241,145,9351,047,154984,671976,688969,693959,217956,703993,806914,169840,887850,733851,318869,497818,885759,697722,780639,331604,407531,537568,386458,696433,892163,86395,26969,198
   > 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
6,646,917
6,601,973
6,315,621
6,733,769
6,952,642
6,645,460
7,153,806
7,246,242
7,018,273
7,385,673
7,154,830
8,015,867
8,417,151
8,238,198
9,160,329
10,067,840
9,447,764
9,790,658
10,196,778
10,220,610
9,657,279
9,373,919
9,373,9199,657,27910,220,61010,196,7789,790,6589,447,76410,067,8409,160,3298,238,1988,417,1518,015,8677,154,8307,385,6737,018,2737,246,2427,153,8066,645,4606,952,6426,733,7696,315,6216,601,9736,646,917000000000000000000000000000000000000000000000000000000000000000
       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
763,867
645,266
754,695
599,983
861,602
710,628
1,057,276
889,641
1,178,867
1,210,575
1,307,151
1,639,317
1,588,224
1,543,933
2,245,990
3,459,440
2,677,657
2,267,404
2,620,389
2,383,882
2,114,577
2,064,776
2,064,7762,114,5772,383,8822,620,3892,267,4042,677,6573,459,4402,245,9901,543,9331,588,2241,639,3171,307,1511,210,5751,178,867889,6411,057,276710,628861,602599,983754,695645,266763,867000000000000000000000000000000000000000000000000000000000000000
       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
54,613
53,065
54,689
50,000
56,246
50,000
52,497
50,000
55,404
51,847
54,433
50,000
56,300
50,000
58,446
50,000
50,000
50,592
52,879
52,87950,59250,00050,00058,44650,00056,30050,00054,43351,84755,40450,00052,49750,00056,24650,00054,68953,06554,613000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
26,646
32,990
56,616
71,279
83,423
76,434
88,414
117,683
130,749
133,273
184,490
197,707
219,430
145,033
175,798
174,847
223,762
268,278
256,242
439,379
377,865
376,170
396,042
397,716
437,484
426,879
506,477
370,504
481,801
490,373
502,419
371,575
381,881
253,841
266,699
264,359
292,603
316,882
336,890
207,796
199,626
157,233
276,625
207,973
247,876
289,797
347,815
173,908
234,758
711,793
555,798
678,785
596,841
750,664
866,081
709,836
683,605
627,781
1,472,634
1,334,893
1,340,299
1,373,112
1,409,428
1,511,623
1,455,846
1,028,577
1,135,770
1,233,772
1,143,683
1,192,817
1,572,080
1,206,833
2,406,418
2,348,833
2,677,460
2,668,936
2,606,918
2,232,181
2,038,377
1,720,510
1,664,805
929,568
2,380,399
2,208,568
1,496,026
1,496,0262,208,5682,380,399929,5681,664,8051,720,5102,038,3772,232,1812,606,9182,668,9362,677,4602,348,8332,406,4181,206,8331,572,0801,192,8171,143,6831,233,7721,135,7701,028,5771,455,8461,511,6231,409,4281,373,1121,340,2991,334,8931,472,634627,781683,605709,836866,081750,664596,841678,785555,798711,793234,758173,908347,815289,797247,876207,973276,625157,233199,626207,796336,890316,882292,603264,359266,699253,841381,881371,575502,419490,373481,801370,504506,477426,879437,484397,716396,042376,170377,865439,379256,242268,278223,762174,847175,798145,033219,430197,707184,490133,273130,749117,68388,41476,43483,42371,27956,61632,99026,646
       Other Current Assets 
8,926
10,510
10,178
24,540
28,898
56,263
35,723
134,974
103,520
75,993
83,501
114,001
137,966
300,459
317,104
301,906
308,817
305,871
324,107
100,098
144,647
144,467
151,715
174,223
190,515
63,848
100,455
193,050
256,500
150,288
123,239
190,566
194,473
119,978
132,711
107,104
102,281
48,679
46,414
34,360
39,325
105,450
43,948
46,378
171,304
230,975
170,166
162,910
154,466
134,776
147,454
88,985
206,609
160,785
176,919
223,077
262,336
187,481
1,049,365
1,354,878
1,302,478
1,042,664
1,241,601
1,134,177
974,746
629,869
232,483
156,910
186,481
411,234
599,261
472,137
517,077
665,973
618,710
422,385
774,910
774,020
628,550
569,036
1,190,161
224,727
886,197
873,612
155,341
155,341873,612886,197224,7271,190,161569,036628,550774,020774,910422,385618,710665,973517,077472,137599,261411,234186,481156,910232,483629,869974,7461,134,1771,241,6011,042,6641,302,4781,354,8781,049,365187,481262,336223,077176,919160,785206,60988,985147,454134,776154,466162,910170,166230,975171,30446,37843,948105,45039,32534,36046,41448,679102,281107,104132,711119,978194,473190,566123,239150,288256,500193,050100,45563,848190,515174,223151,715144,467144,647100,098324,107305,871308,817301,906317,104300,459137,966114,00183,50175,993103,520134,97435,72356,26328,89824,54010,17810,5108,926
   > 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
2,439,067
2,472,506
2,473,940
2,295,686
2,422,320
2,809,312
2,777,731
4,951,510
5,278,629
5,249,198
4,912,363
5,987,477
7,282,953
5,505,530
5,377,321
5,344,183
5,716,346
5,472,848
5,165,192
5,165,1925,472,8485,716,3465,344,1835,377,3215,505,5307,282,9535,987,4774,912,3635,249,1985,278,6294,951,5102,777,7312,809,3122,422,3202,295,6862,473,9402,472,5062,439,067000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
10,901
14,183
16,340
15,684
47,590
68,656
70,353
70,887
70,197
146,091
145,940
174,688
198,924
150,429
150,577
153,547
157,236
165,553
173,497
169,044
129,780
153,851
135,520
199,577
181,211
308,734
294,214
324,319
333,348
351,445
336,008
350,968
335,123
352,292
335,945
351,991
342,366
293,355
281,075
299,396
287,197
153,968
112,659
158,974
123,052
179,379
143,690
160,835
175,062
181,908
190,248
195,702
196,680
212,208
219,861
216,214
215,883
244,434
577,921
573,603
576,312
588,777
598,052
594,701
602,617
611,984
609,426
598,776
594,261
580,992
565,257
565,512
499,705
397,688
399,461
428,448
480,143
587,155
666,972
768,992
809,496
991,276
1,040,204
1,137,356
1,232,584
1,232,5841,137,3561,040,204991,276809,496768,992666,972587,155480,143428,448399,461397,688499,705565,512565,257580,992594,261598,776609,426611,984602,617594,701598,052588,777576,312573,603577,921244,434215,883216,214219,861212,208196,680195,702190,248181,908175,062160,835143,690179,379123,052158,974112,659153,968287,197299,396281,075293,355342,366351,991335,945352,292335,123350,968336,008351,445333,348324,319294,214308,734181,211199,577135,520153,851129,780169,044173,497165,553157,236153,547150,577150,429198,924174,688145,940146,09170,19770,88770,35368,65647,59015,68416,34014,18310,901
       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
777,865
753,781
753,781
725,975
725,975
725,975
725,975
725,975
725,975
725,975
725,975
553,155
553,155
553,155
553,155
196,400
196,400
196,400
196,400
196,400
196,400
285,264
285,264
285,264
285,264
285,264
285,264
285,264285,264285,264285,264285,264285,264196,400196,400196,400196,400196,400196,400553,155553,155553,155553,155725,975725,975725,975725,975725,975725,975725,975725,975753,781753,781777,8650000000000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
298,784
306,810
287,328
228,780
351,457
331,336
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000331,336351,457228,780287,328306,810298,784000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
707
1,680
4,921
4,304
4,019
3,735
3,450
3,175
2,942
3,631
3,393
6,099
2,878
6,107
2,449
6,127
2,003
1,802
1,575
1,349
17,118
1,344
17,219
1,292
16,960
1,157
16,706
1,077
16,424
971
16,142
970
16,051
958
15,775
855
15,511
766
15,247
694
14,996
417
42,013
357
41,507
297
41,014
40,760
40,507
65,296
64,917
65,164
64,782
124,218
122,843
121,468
120,093
116,072
1,175,589
1,144,262
1,138,719
1,134,999
1,128,124
398,425
391,962
382,488
375,781
328,699
323,625
316,489
309,704
302,718
293,298
227,408
221,639
215,802
238,427
304,295
317,544
328,959
339,268
338,123
332,374
323,643
317,599
317,599323,643332,374338,123339,268328,959317,544304,295238,427215,802221,639227,408293,298302,718309,704316,489323,625328,699375,781382,488391,962398,4251,128,1241,134,9991,138,7191,144,2621,175,589116,072120,093121,468122,843124,21864,78265,16464,91765,29640,50740,76041,01429741,50735742,01341714,99669415,24776615,51185515,77595816,05197016,14297116,4241,07716,7061,15716,9601,29217,2191,34417,1181,3491,5751,8022,0036,1272,4496,1072,8786,0993,3933,6312,9423,1753,4503,7354,0194,3044,9211,680707
       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
399,080
390,872
398,625
415,581
589,644
935,164
1,398,128
628,217
646,973
646,412
538,788
301,687
301,687
301,687
301,698
383,271
389,566
400,973
425,090
425,090400,973389,566383,271301,698301,687301,687301,687538,788646,412646,973628,2171,398,128935,164589,644415,581398,625390,872399,080000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
27,094
39,832
80,067
117,953
133,554
233,492
192,337
254,886
292,125
337,584
367,453
417,334
461,373
428,633
423,165
397,416
460,643
537,237
496,064
511,370
503,382
511,030
514,498
565,405
649,428
665,826
725,662
744,595
901,523
770,821
703,601
846,013
735,320
697,998
692,004
680,525
726,370
685,386
692,179
768,706
769,169
239,598
195,234
278,755
243,159
183,442
366,359
332,204
378,190
543,890
367,523
546,815
1,021,611
888,363
1,027,579
1,017,573
1,037,500
1,123,226
3,712,002
3,093,633
3,482,558
3,160,843
3,668,174
3,529,407
3,349,319
3,408,432
3,765,507
3,874,747
3,486,540
3,970,551
4,201,069
4,289,413
4,428,961
4,097,135
4,647,181
4,938,411
4,530,064
5,152,443
5,660,640
4,879,891
5,053,037
5,523,625
5,497,604
5,225,296
4,972,328
4,972,3285,225,2965,497,6045,523,6255,053,0374,879,8915,660,6405,152,4434,530,0644,938,4114,647,1814,097,1354,428,9614,289,4134,201,0693,970,5513,486,5403,874,7473,765,5073,408,4323,349,3193,529,4073,668,1743,160,8433,482,5583,093,6333,712,0021,123,2261,037,5001,017,5731,027,579888,3631,021,611546,815367,523543,890378,190332,204366,359183,442243,159278,755195,234239,598769,169768,706692,179685,386726,370680,525692,004697,998735,320846,013703,601770,821901,523744,595725,662665,826649,428565,405514,498511,030503,382511,370496,064537,237460,643397,416423,165428,633461,373417,334367,453337,584292,125254,886192,337233,492133,554117,95380,06739,83227,094
   > Total Current Liabilities 
27,095
39,832
80,067
117,953
133,554
228,352
186,977
249,747
286,985
330,894
360,763
405,144
449,183
416,444
410,924
385,226
448,454
523,847
480,290
505,475
497,717
505,435
508,603
559,209
643,232
657,524
721,060
739,792
895,720
757,971
690,351
425,943
315,250
132,713
126,159
114,180
160,585
120,141
126,734
608,931
609,394
230,308
185,944
259,465
223,869
165,980
319,911
295,975
337,280
501,200
314,752
494,564
543,477
410,189
549,294
519,109
538,674
528,076
2,626,726
1,987,597
2,121,373
2,197,058
2,709,688
2,700,079
2,909,026
3,064,909
3,423,867
3,612,678
3,252,309
3,751,174
3,987,984
4,052,266
4,322,296
3,814,247
4,374,243
4,317,913
3,910,655
4,444,484
4,925,517
4,078,370
4,369,255
4,974,300
4,864,630
4,279,718
4,029,113
4,029,1134,279,7184,864,6304,974,3004,369,2554,078,3704,925,5174,444,4843,910,6554,317,9134,374,2433,814,2474,322,2964,052,2663,987,9843,751,1743,252,3093,612,6783,423,8673,064,9092,909,0262,700,0792,709,6882,197,0582,121,3731,987,5972,626,726528,076538,674519,109549,294410,189543,477494,564314,752501,200337,280295,975319,911165,980223,869259,465185,944230,308609,394608,931126,734120,141160,585114,180126,159132,713315,250425,943690,351757,971895,720739,792721,060657,524643,232559,209508,603505,435497,717505,475480,290523,847448,454385,226410,924416,444449,183405,144360,763330,894286,985249,747186,977228,352133,554117,95380,06739,83227,095
       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
315,500
410,000
135,000
1,672,864
1,696,680
1,561,949
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,561,9491,696,6801,672,864135,000410,000315,500000000000000000000000000000000000000000000000000000000000000000
       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
315,500
410,000
135,000
1,672,864
1,696,680
1,561,949
2,015,430
1,973,512
1,681,207
1,818,869
1,555,623
1,477,362
1,511,086
1,233,917
1,743,457
1,653,000
1,561,200
1,631,200
2,071,538
2,059,830
1,878,997
1,676,989
1,676,9891,878,9972,059,8302,071,5381,631,2001,561,2001,653,0001,743,4571,233,9171,511,0861,477,3621,555,6231,818,8691,681,2071,973,5122,015,4301,561,9491,696,6801,672,864135,000410,000315,500000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
9,403
4,072
11,185
24,652
28,882
79,644
22,814
69,104
104,822
106,484
119,933
135,812
167,265
139,039
133,397
150,205
129,210
214,304
194,547
190,398
167,197
177,252
198,485
219,005
316,733
271,532
268,815
327,529
319,307
248,914
208,149
197,352
150,024
88,231
84,108
72,336
102,174
86,082
101,531
108,142
103,485
47,946
50,466
61,549
113,223
62,508
60,665
74,977
140,952
131,826
128,459
204,565
180,169
101,827
118,182
115,036
123,415
85,389
741,371
442,957
463,630
358,374
720,333
701,475
731,645
628,416
954,195
1,216,815
1,060,843
1,122,731
1,433,842
1,656,097
1,651,071
1,396,444
1,896,084
1,861,882
1,827,437
1,323,111
1,633,709
1,024,674
1,289,739
655,171
591,851
770,940
718,516
718,516770,940591,851655,1711,289,7391,024,6741,633,7091,323,1111,827,4371,861,8821,896,0841,396,4441,651,0711,656,0971,433,8421,122,7311,060,8431,216,815954,195628,416731,645701,475720,333358,374463,630442,957741,37185,389123,415115,036118,182101,827180,169204,565128,459131,826140,95274,97760,66562,508113,22361,54950,46647,946103,485108,142101,53186,082102,17472,33684,10888,231150,024197,352208,149248,914319,307327,529268,815271,532316,733219,005198,485177,252167,197190,398194,547214,304129,210150,205133,397139,039167,265135,812119,933106,484104,82269,10422,81479,64428,88224,65211,1854,0729,403
       Other Current Liabilities 
7,402
18,960
23,082
22,501
28,872
22,908
18,363
34,843
25,163
30,410
45,830
29,332
63,918
52,405
52,527
45,021
73,244
57,543
53,743
55,977
76,420
65,083
67,018
53,204
79,699
54,192
120,445
119,463
203,413
137,257
83,194
41,591
48,226
44,482
42,051
41,844
58,411
34,059
25,203
95,789
100,909
166,662
119,778
64,916
70,646
63,472
29,246
20,998
6,328
89,873
56,794
70,498
173,308
68,362
166,113
100,173
81,358
98,787
822,883
608,960
716,863
575,992
631,461
276,717
503,121
431,666
130,000
26,000
45,000
345,919
529,327
467,154
676,967
408,415
757,810
597,968
706,857
859,338
1,400,090
1,214,872
1,150,009
406,524
1,432,977
938,427
409,645
409,645938,4271,432,977406,5241,150,0091,214,8721,400,090859,338706,857597,968757,810408,415676,967467,154529,327345,91945,00026,000130,000431,666503,121276,717631,461575,992716,863608,960822,88398,78781,358100,173166,11368,362173,30870,49856,79489,8736,32820,99829,24663,47270,64664,916119,778166,662100,90995,78925,20334,05958,41141,84442,05144,48248,22641,59183,194137,257203,413119,463120,44554,19279,69953,20467,01865,08376,42055,97753,74357,54373,24445,02152,52752,40563,91829,33245,83030,41025,16334,84318,36322,90828,87222,50123,08218,9607,402
   > 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
341,640
262,069
234,231
219,376
213,085
237,147
106,664
282,888
272,939
620,499
619,408
707,959
735,123
801,520
683,782
549,325
632,974
945,578
943,215
943,215945,578632,974549,325683,782801,520735,123707,959619,408620,499272,939282,888106,664237,147213,085219,376234,231262,069341,640000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
5,140
5,360
5,139
5,140
6,690
6,690
12,190
12,190
12,189
12,241
12,190
12,189
13,390
13,639
5,795
5,595
5,595
5,895
6,196
6,196
8,299
4,599
4,800
5,800
12,850
13,250
15,070
15,070
15,285
15,845
16,345
15,785
15,245
15,445
14,775
14,775
9,290
9,290
9,290
9,290
7,462
36,449
36,229
36,010
35,790
35,871
35,352
35,132
34,913
34,694
34,474
34,527
37,621
71,254
70,025
66,976
68,640
67,155
84,574
80,293
79,523
75,640
81,069
78,231
70,376
64,585
64,647
71,664
73,888
64,439
55,317
54,473
96,392
121,515
188,501
178,540
0
97,522
110,534
0
0110,53497,5220178,540188,501121,51596,39254,47355,31764,43973,88871,66464,64764,58570,37678,23181,06975,64079,52380,29384,57467,15568,64066,97670,02571,25437,62134,52734,47434,69434,91335,13235,35235,87135,79036,01036,22936,4497,4629,2909,2909,2909,29014,77514,77515,44515,24515,78516,34515,84515,28515,07015,07013,25012,8505,8004,8004,5998,2996,1966,1965,8955,5955,5955,79513,63913,39012,18912,19012,24112,18912,19012,1906,6906,6905,1405,1395,3605,14000000
       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
9,104
8,734
4,957
6,359
7,282
7,694
4,846
6,112
5,644
4,413
4,219
4,035
4,465
4,253
5,222
4,896
4,796
5,846
0
4,120
6,066
0
06,0664,12005,8464,7964,8965,2224,2534,4654,0354,2194,4135,6446,1124,8467,6947,2826,3594,9578,7349,104000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
39,697
52,673
79,452
310,912
319,663
326,618
330,181
339,312
336,752
352,030
358,713
367,846
375,002
388,533
393,248
408,573
418,629
424,946
428,662
441,478
459,726
462,296
466,273
477,968
492,659
488,535
491,802
498,710
505,795
494,569
480,516
473,858
460,684
406,348
391,143
377,562
363,717
248,483
234,431
96,169
76,914
909,949
919,937
936,307
1,003,271
1,061,942
1,069,189
1,069,729
1,091,108
1,254,695
1,270,820
1,277,179
1,204,107
1,207,484
1,192,580
1,184,829
1,141,563
1,192,910
4,743,276
4,847,405
5,073,655
4,982,925
5,044,831
5,121,348
5,280,410
5,192,696
5,214,457
5,355,885
5,434,206
5,278,091
5,261,462
5,318,692
5,490,867
7,567,353
8,147,778
8,219,922
8,157,307
9,361,844
10,911,563
9,523,163
9,445,791
9,245,905
9,611,229
9,114,679
8,822,037
8,822,0379,114,6799,611,2299,245,9059,445,7919,523,16310,911,5639,361,8448,157,3078,219,9228,147,7787,567,3535,490,8675,318,6925,261,4625,278,0915,434,2065,355,8855,214,4575,192,6965,280,4105,121,3485,044,8314,982,9255,073,6554,847,4054,743,2761,192,9101,141,5631,184,8291,192,5801,207,4841,204,1071,277,1791,270,8201,254,6951,091,1081,069,7291,069,1891,061,9421,003,271936,307919,937909,94976,91496,169234,431248,483363,717377,562391,143406,348460,684473,858480,516494,569505,795498,710491,802488,535492,659477,968466,273462,296459,726441,478428,662424,946418,629408,573393,248388,533375,002367,846358,713352,030336,752339,312330,181326,618319,663310,91279,45252,67339,697
   Common Stock
32,200
48,300
48,300
72,000
72,000
72,000
72,000
72,000
72,000
72,000
72,000
72,000
108,000
108,000
108,000
108,000
108,000
108,000
108,000
108,000
108,000
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
156,600
376,416
376,416
376,416
376,416
376,416
376,416
376,416
376,416
376,416
376,416
376,416
941,039
941,039
941,039
941,039
941,039
941,039
1,350,129
1,350,129
1,350,129
1,350,129
1,350,129
1,755,167
1,755,167
1,755,167
1,755,167
1,755,167
1,755,167
1,755,167
1,755,167
1,755,167
1,755,167
1,755,167
1,755,167
1,755,167
1,755,167
1,755,167
1,755,167
1,752,827
1,752,827
0
1,752,827
1,752,827
0
01,752,8271,752,82701,752,8271,752,8271,755,1671,755,1671,755,1671,755,1671,755,1671,755,1671,755,1671,755,1671,755,1671,755,1671,755,1671,755,1671,755,1671,755,1671,755,1671,755,1671,350,1291,350,1291,350,1291,350,1291,350,129941,039941,039941,039941,039941,039941,039376,416376,416376,416376,416376,416376,416376,416376,416376,416376,416376,416156,600156,600156,600156,600156,600156,600156,600156,600156,600156,600156,600156,600156,600156,600156,600156,600156,600156,600156,600156,600108,000108,000108,000108,000108,000108,000108,000108,000108,00072,00072,00072,00072,00072,00072,00072,00072,00072,00048,30048,30032,200
   Retained Earnings 
6,114
0
19,545
30,959
39,710
29,703
33,265
42,396
50,636
58,935
65,619
74,752
67,507
73,284
77,999
93,324
103,379
105,430
109,147
122,007
140,255
127,655
131,632
143,328
158,019
153,894
157,161
164,070
171,154
158,182
144,130
137,472
124,297
69,991
54,786
41,205
27,361
0
0
0
0
523,152
533,140
549,510
616,474
671,002
678,048
678,463
699,856
863,273
879,033
885,219
811,255
807,318
792,137
784,225
740,808
774,466
806,683
909,057
1,156,303
1,084,053
1,160,903
1,238,014
1,381,796
1,329,988
1,350,599
1,444,578
1,520,474
1,378,934
1,389,694
1,420,840
1,525,794
1,708,147
2,024,764
2,163,431
2,449,669
2,698,700
3,411,297
3,859,630
3,997,638
4,064,346
4,194,950
4,026,265
4,047,254
4,047,2544,026,2654,194,9504,064,3463,997,6383,859,6303,411,2972,698,7002,449,6692,163,4312,024,7641,708,1471,525,7941,420,8401,389,6941,378,9341,520,4741,444,5781,350,5991,329,9881,381,7961,238,0141,160,9031,084,0531,156,303909,057806,683774,466740,808784,225792,137807,318811,255885,219879,033863,273699,856678,463678,048671,002616,474549,510533,140523,152000027,36141,20554,78669,991124,297137,472144,130158,182171,154164,070157,161153,894158,019143,328131,632127,655140,255122,007109,147105,430103,37993,32477,99973,28467,50774,75265,61958,93550,63642,39633,26529,70339,71030,95919,54506,114
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,771
24,286
18,648
5,680
53,129
55,554
55,096
32,095
58,185
122,532
2,027,347
2,291,858
2,225,380
1,876,528
2,831,284
3,668,406
1,831,673
1,616,293
0
1,584,243
1,256,377
0
01,256,3771,584,24301,616,2931,831,6733,668,4062,831,2841,876,5282,225,3802,291,8582,027,347122,53258,18532,09555,09655,55453,1295,68018,64824,28617,771000000000000000000000000000000000000000000000000000000000000000



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 (+$)
totalRevenue16,986,092
Cost of Revenue-15,922,528
Gross Profit1,063,5641,063,564
 
Operating Income (+$)
Gross Profit1,063,564
Operating Expense-16,574,527
Operating Income411,565-15,510,964
 
Operating Expense (+$)
Research Development346,463
Selling General Administrative79,404
Selling And Marketing Expenses-
Operating Expense16,574,527425,868
 
Net Interest Income (+$)
Interest Income55,657
Interest Expense-104,371
Other Finance Cost-21,553
Net Interest Income-70,268
 
Pretax Income (+$)
Operating Income411,565
Net Interest Income-70,268
Other Non-Operating Income Expenses-
Income Before Tax (EBT)345,882411,565
EBIT - interestExpense = -104,371
266,452
370,823
Interest Expense104,371
Earnings Before Interest and Taxes (EBIT)-450,253
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax345,882
Tax Provision-9,469
Net Income From Continuing Ops336,413336,413
Net Income266,452
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-70,268
 

Technical Analysis of Shenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The general trend of Shenghe Resources Holding Co Ltd is BEARISH with 42.9% 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 Shenghe Resources Holding 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 (-42.9%) Bearish trend (42.9%)
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 Shenghe Resources Holding Co Ltd.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 10.54 < 10.54 < 10.56.

The bearish price targets are: 9.19 > 8.81 > 6.92.

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Shenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

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

Shenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The current macd is 0.15931672.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Shenghe Resources Holding Co Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Shenghe Resources Holding 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 Shenghe Resources Holding 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 down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Shenghe Resources Holding Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartShenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The current adx is 31.70.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-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 Shenghe Resources Holding Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Shenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The current sar is 10.49.

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

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Shenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The current rsi is 50.80. 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
Shenghe Resources Holding Co Ltd Daily Relative Strength Index (RSI) ChartShenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The current phase is Continuation in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Shenghe Resources Holding Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Shenghe Resources Holding Co Ltd Daily Stochastic Oscillator ChartShenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The current cci is -31.53047686.

Shenghe Resources Holding Co Ltd Daily Commodity Channel Index (CCI) ChartShenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The current cmo is -5.01184161.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Shenghe Resources Holding Co Ltd Daily Chande Momentum Oscillator (CMO) ChartShenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The current willr is -75.91240876.

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 Shenghe Resources Holding Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Shenghe Resources Holding Co Ltd Daily Williams %R ChartShenghe Resources Holding 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 Shenghe Resources Holding Co Ltd.

Shenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The current atr is 0.38156579.

Shenghe Resources Holding Co Ltd Daily Average True Range (ATR) ChartShenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The current obv is 337,348,178.

Shenghe Resources Holding Co Ltd Daily On-Balance Volume (OBV) ChartShenghe Resources Holding 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 Shenghe Resources Holding Co Ltd. The current mfi is 47.90.

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

  • MFI < 50: -1
Shenghe Resources Holding Co Ltd Daily Money Flow Index (MFI) ChartShenghe Resources Holding Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Shenghe Resources Holding Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Shenghe Resources Holding Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.801
Ma 20Greater thanMa 509.582
Ma 50Greater thanMa 1009.111
Ma 100Greater thanMa 2009.671
OpenGreater thanClose9.290
Total2/5 (40.0%)
Penke

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