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EGing Photovoltaic Technology Co Ltd
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Let's analyse EGing Photovoltaic Technology Co Ltd together

PenkeI guess you are interested in EGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of EGing Photovoltaic Technology Co Ltd (30 sec.)










What can you expect buying and holding a share of EGing Photovoltaic Technology Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.00
When do you have the money?
1 year
How often do you get paid?
97.5%

What is your share worth?

Current worth
¥2.72
Expected worth in 1 year
¥3.12
How sure are you?
77.5%

+ What do you gain per year?

Total Gains per Share
¥0.42
Return On Investment
9.9%

For what price can you sell your share?

Current Price per Share
¥4.21
Expected price per share
¥3.03 - ¥5.7
How sure are you?
50%

1. Valuation of EGing Photovoltaic Technology Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥4.21

Intrinsic Value Per Share

¥-6.08 - ¥-7.17

Total Value Per Share

¥-3.36 - ¥-4.45

2. Growth of EGing Photovoltaic Technology Co Ltd (5 min.)




Is EGing Photovoltaic Technology Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$450.1m$374.4m$53.2m12.5%

How much money is EGing Photovoltaic Technology Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$13.1m-$12.2m$25.4m193.3%
Net Profit Margin3.9%-6.9%--

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

3. Financial Health of EGing Photovoltaic Technology Co Ltd (5 min.)




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




  Industry Rankings (Solar)  


Richest
#23 / 84

Most Revenue
#21 / 84

Most Profit
#18 / 84

What can you expect buying and holding a share of EGing Photovoltaic Technology Co Ltd? (5 min.)

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

What can you expect buying and holding a share of EGing Photovoltaic Technology Co Ltd?

First you should know what it really means to hold a share of EGing Photovoltaic Technology Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of EGing Photovoltaic Technology Co Ltd is ¥4.21. 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 EGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥2.72. Based on the TTM, the Book Value Change Per Share is ¥0.10 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 ¥0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of EGing Photovoltaic Technology 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 Eps0.000.0%0.010.3%-0.01-0.2%-0.01-0.1%0.000.0%
Usd Book Value Change Per Share0.000.1%0.010.3%-0.01-0.3%0.00-0.1%0.010.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.1%
Usd Total Gains Per Share0.000.1%0.010.3%-0.01-0.2%0.000.0%0.010.2%
Usd Price Per Share0.78-0.90-0.70-0.63-1.00-
Price to Earnings Ratio101.04-34.80-2.09--15.63-44.51-
Price-to-Total Gains Ratio177.81-85.38--43.99-118.53-162.54-
Price to Book Ratio2.08-2.50-2.22-1.78-3.74-
Price-to-Total Gains Ratio177.81-85.38--43.99-118.53-162.54-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.582664
Number of shares1716
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.00
Gains per Quarter (1716 shares)24.64-2.74
Gains per Year (1716 shares)98.56-10.98
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1396895-16-21
251921889-31-32
3828828714-47-43
41038438619-63-54
51348048523-78-65
61557658428-94-76
71867268333-110-87
82176878237-125-98
92386488142-141-109
102696098047-157-120

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 Share4.00.00.0100.0%6.06.00.050.0%9.011.00.045.0%26.011.03.065.0%54.011.018.065.1%
Book Value Change Per Share4.00.00.0100.0%7.05.00.058.3%11.09.00.055.0%26.014.00.065.0%52.031.00.062.7%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.00.01.097.5%78.00.05.094.0%
Total Gains per Share4.00.00.0100.0%7.05.00.058.3%11.09.00.055.0%31.09.00.077.5%66.017.00.079.5%

Fundamentals of EGing Photovoltaic Technology Co Ltd

About EGing Photovoltaic Technology Co Ltd

EGing Photovoltaic Technology Co.,Ltd. researches, develops, manufactures, and sells photovoltaic products in China and internationally. Its products include silicon wafers, crystalline silicon photovoltaic cells and modules, and photovoltaic panel battery modules. The company also engages in the photovoltaic power generation business. In addition, it offers residential, commercial, and utility-scale solutions. The company was formerly known as Haitong Food Group Co., Ltd. EGing Photovoltaic Technology Co.,Ltd. was founded in 1998 and is headquartered in Changzhou, China.

Fundamental data was last updated by Penke on 2024-03-26 18:19:08.

Financial Health

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

Valuation

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

1.1. Profitability of EGing Photovoltaic Technology Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit EGing Photovoltaic Technology Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare EGing Photovoltaic Technology Co Ltd to the Solar industry mean.
  • A Net Profit Margin of 0.7% means that ¥0.01 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of EGing Photovoltaic Technology Co Ltd:

  • The MRQ is 0.7%. The company is not making a profit/loss.
  • The TTM is 3.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM3.9%-3.2%
TTM3.9%YOY-6.9%+10.8%
TTM3.9%5Y-5.8%+9.7%
5Y-5.8%10Y-0.9%-5.0%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%0.1%+0.6%
TTM3.9%-4.3%+8.2%
YOY-6.9%-0.3%-6.6%
5Y-5.8%-8.1%+2.3%
10Y-0.9%-8.3%+7.4%
1.1.2. Return on Assets

Shows how efficient EGing Photovoltaic Technology Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare EGing Photovoltaic Technology Co Ltd to the Solar industry mean.
  • 0.1% Return on Assets means that EGing Photovoltaic Technology Co Ltd generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of EGing Photovoltaic Technology Co Ltd:

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.8%-0.7%
TTM0.8%YOY-1.1%+2.0%
TTM0.8%5Y-0.9%+1.7%
5Y-0.9%10Y-0.1%-0.8%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%-0.2%+0.3%
TTM0.8%-0.2%+1.0%
YOY-1.1%-0.2%-0.9%
5Y-0.9%-0.6%-0.3%
10Y-0.1%-0.6%+0.5%
1.1.3. Return on Equity

Shows how efficient EGing Photovoltaic Technology Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare EGing Photovoltaic Technology Co Ltd to the Solar industry mean.
  • 0.6% Return on Equity means EGing Photovoltaic Technology Co Ltd generated ¥0.01 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of EGing Photovoltaic Technology Co Ltd:

  • The MRQ is 0.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM3.6%-3.0%
TTM3.6%YOY-3.9%+7.5%
TTM3.6%5Y-2.1%+5.7%
5Y-2.1%10Y-0.1%-2.0%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%0.1%+0.5%
TTM3.6%0.4%+3.2%
YOY-3.9%0.5%-4.4%
5Y-2.1%-0.5%-1.6%
10Y-0.1%-0.6%+0.5%

1.2. Operating Efficiency of EGing Photovoltaic Technology Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient EGing Photovoltaic Technology Co Ltd is operating .

  • Measures how much profit EGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd to the Solar 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 EGing Photovoltaic Technology Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM3.9%-3.9%
TTM3.9%YOY-2.6%+6.6%
TTM3.9%5Y-3.3%+7.2%
5Y-3.3%10Y-1.4%-1.8%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ--6.4%+6.4%
TTM3.9%-0.7%+4.6%
YOY-2.6%0.2%-2.8%
5Y-3.3%0.1%-3.4%
10Y-1.4%-1.4%0.0%
1.2.2. Operating Ratio

Measures how efficient EGing Photovoltaic Technology Co Ltd is keeping operating costs low.

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

Let's take a look of the Operating Ratio trends of EGing Photovoltaic Technology Co Ltd:

  • The MRQ is 1.868. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.834. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.868TTM1.834+0.035
TTM1.834YOY1.967-0.134
TTM1.8345Y1.937-0.103
5Y1.93710Y1.402+0.535
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8681.629+0.239
TTM1.8341.630+0.204
YOY1.9671.680+0.287
5Y1.9371.625+0.312
10Y1.4021.423-0.021

1.3. Liquidity of EGing Photovoltaic Technology Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if EGing Photovoltaic Technology Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Solar industry mean).
  • A Current Ratio of 0.99 means the company has ¥0.99 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of EGing Photovoltaic Technology Co Ltd:

  • The MRQ is 0.993. The company is just not able to pay all its short-term debts. -1
  • The TTM is 1.074. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ0.993TTM1.074-0.081
TTM1.074YOY1.185-0.111
TTM1.0745Y1.374-0.301
5Y1.37410Y0.765+0.610
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9931.265-0.272
TTM1.0741.421-0.347
YOY1.1851.437-0.252
5Y1.3741.536-0.162
10Y0.7651.355-0.590
1.3.2. Quick Ratio

Measures if EGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd to the Solar industry mean.
  • A Quick Ratio of 0.25 means the company can pay off ¥0.25 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of EGing Photovoltaic Technology Co Ltd:

  • The MRQ is 0.251. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.253. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.251TTM0.253-0.002
TTM0.253YOY0.341-0.088
TTM0.2535Y0.471-0.218
5Y0.47110Y0.444+0.027
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2510.517-0.266
TTM0.2530.575-0.322
YOY0.3410.648-0.307
5Y0.4710.651-0.180
10Y0.4440.728-0.284

1.4. Solvency of EGing Photovoltaic Technology Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of EGing Photovoltaic Technology Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare EGing Photovoltaic Technology Co Ltd to Solar industry mean.
  • A Debt to Asset Ratio of 0.74 means that EGing Photovoltaic Technology Co Ltd assets are financed with 74.1% credit (debt) and the remaining percentage (100% - 74.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of EGing Photovoltaic Technology Co Ltd:

  • The MRQ is 0.741. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.733. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.741TTM0.733+0.008
TTM0.733YOY0.698+0.035
TTM0.7335Y0.588+0.145
5Y0.58810Y0.583+0.005
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7410.588+0.153
TTM0.7330.587+0.146
YOY0.6980.611+0.087
5Y0.5880.617-0.029
10Y0.5830.614-0.031
1.4.2. Debt to Equity Ratio

Measures if EGing Photovoltaic Technology Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare EGing Photovoltaic Technology Co Ltd to the Solar industry mean.
  • A Debt to Equity ratio of 331.7% means that company has ¥3.32 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of EGing Photovoltaic Technology Co Ltd:

  • The MRQ is 3.317. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.206. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.317TTM3.206+0.112
TTM3.206YOY2.739+0.467
TTM3.2065Y1.856+1.349
5Y1.85610Y1.707+0.149
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3171.389+1.928
TTM3.2061.389+1.817
YOY2.7391.657+1.082
5Y1.8561.730+0.126
10Y1.7071.617+0.090

2. Market Valuation of EGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd generates.

  • Above 15 is considered overpriced but always compare EGing Photovoltaic Technology Co Ltd to the Solar industry mean.
  • A PE ratio of 101.04 means the investor is paying ¥101.04 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of EGing Photovoltaic Technology Co Ltd:

  • The EOD is 75.286. Based on the earnings, the company is expensive. -2
  • The MRQ is 101.036. Based on the earnings, the company is expensive. -2
  • The TTM is 34.803. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD75.286MRQ101.036-25.751
MRQ101.036TTM34.803+66.234
TTM34.803YOY2.086+32.716
TTM34.8035Y-15.626+50.429
5Y-15.62610Y44.511-60.137
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD75.286-0.150+75.436
MRQ101.036-0.110+101.146
TTM34.803-0.031+34.834
YOY2.086-1.055+3.141
5Y-15.626-2.382-13.244
10Y44.5111.668+42.843
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of EGing Photovoltaic Technology Co Ltd:

  • The EOD is -25.251. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -33.888. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -25.737. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-25.251MRQ-33.888+8.637
MRQ-33.888TTM-25.737-8.151
TTM-25.737YOY-21.051-4.686
TTM-25.7375Y-8.243-17.493
5Y-8.24310Y-10.024+1.781
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD-25.251-1.474-23.777
MRQ-33.888-3.077-30.811
TTM-25.737-3.976-21.761
YOY-21.051-4.644-16.407
5Y-8.243-5.747-2.496
10Y-10.024-6.253-3.771
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of EGing Photovoltaic Technology Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Solar industry mean).
  • A PB ratio of 2.08 means the investor is paying ¥2.08 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of EGing Photovoltaic Technology Co Ltd:

  • The EOD is 1.548. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.078. Based on the equity, the company is underpriced. +1
  • The TTM is 2.503. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.548MRQ2.078-0.530
MRQ2.078TTM2.503-0.426
TTM2.503YOY2.216+0.288
TTM2.5035Y1.780+0.724
5Y1.78010Y3.743-1.963
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD1.5481.291+0.257
MRQ2.0781.570+0.508
TTM2.5031.728+0.775
YOY2.2162.2160.000
5Y1.7801.949-0.169
10Y3.7432.346+1.397
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of EGing Photovoltaic Technology 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--0.0300.101-70%-0.078+358%-0.016+154%0.042-27%
Book Value Per Share--2.7192.584+5%2.262+20%2.640+3%2.445+11%
Current Ratio--0.9931.074-8%1.185-16%1.374-28%0.765+30%
Debt To Asset Ratio--0.7410.733+1%0.698+6%0.588+26%0.583+27%
Debt To Equity Ratio--3.3173.206+3%2.739+21%1.856+79%1.707+94%
Dividend Per Share--0.0010.003-46%0.008-81%0.005-71%0.033-96%
Eps--0.0140.103-86%-0.074+631%-0.042+403%-0.002+115%
Free Cash Flow Per Share---0.0420.050-184%-0.065+56%-0.059+41%-0.010-77%
Free Cash Flow To Equity Per Share---0.0420.376-111%-0.006-85%0.050-184%0.112-137%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.925+8%
Intrinsic Value_10Y_max---7.171--------
Intrinsic Value_10Y_min---6.078--------
Intrinsic Value_1Y_max---0.400--------
Intrinsic Value_1Y_min---0.392--------
Intrinsic Value_3Y_max---1.444--------
Intrinsic Value_3Y_min---1.373--------
Intrinsic Value_5Y_max---2.781--------
Intrinsic Value_5Y_min---2.560--------
Market Cap5035538832.640-34%6757908409.6007735711971.520-13%6007361944.640+12%5484670621.632+23%8676107819.190-22%
Net Profit Margin--0.0070.039-83%-0.069+1134%-0.058+976%-0.009+229%
Operating Margin---0.039-100%-0.0260%-0.0330%-0.0140%
Operating Ratio--1.8681.834+2%1.967-5%1.937-4%1.402+33%
Pb Ratio1.548-34%2.0782.503-17%2.216-6%1.780+17%3.743-44%
Pe Ratio75.286-34%101.03634.803+190%2.086+4743%-15.626+115%44.511+127%
Price Per Share4.210-34%5.6506.468-13%5.023+12%4.586+23%7.254-22%
Price To Free Cash Flow Ratio-25.251+25%-33.888-25.737-24%-21.051-38%-8.243-76%-10.024-70%
Price To Total Gains Ratio132.493-34%177.81285.383+108%-43.991+125%118.533+50%162.538+9%
Quick Ratio--0.2510.253-1%0.341-27%0.471-47%0.444-43%
Return On Assets--0.0010.008-84%-0.011+961%-0.009+749%-0.001+151%
Return On Equity--0.0060.036-83%-0.039+751%-0.021+450%-0.001+116%
Total Gains Per Share--0.0320.104-69%-0.070+322%-0.012+136%0.075-57%
Usd Book Value--450150847.351427725721.749+5%374448694.861+20%437049255.320+3%404786032.205+11%
Usd Book Value Change Per Share--0.0040.014-70%-0.011+358%-0.002+154%0.006-27%
Usd Book Value Per Share--0.3760.358+5%0.313+20%0.365+3%0.338+11%
Usd Dividend Per Share--0.0000.000-46%0.001-81%0.001-71%0.005-96%
Usd Eps--0.0020.014-86%-0.010+631%-0.006+403%0.000+115%
Usd Free Cash Flow---6899904.9548233328.689-184%-10761591.425+56%-9736763.882+41%-1356543.239-80%
Usd Free Cash Flow Per Share---0.0060.007-184%-0.009+56%-0.008+41%-0.001-77%
Usd Free Cash Flow To Equity Per Share---0.0060.052-111%-0.001-85%0.007-184%0.016-137%
Usd Market Cap696918574.437-34%935294523.8891070622536.858-13%831418893.138+12%759078414.034+23%1200773322.176-22%
Usd Price Per Share0.583-34%0.7820.895-13%0.695+12%0.635+23%1.004-22%
Usd Profit--2314251.84513174892.142-82%-12296090.249+631%-7791300.291+437%-733929.902+132%
Usd Revenue--348258285.025384500613.411-9%247972458.479+40%205939304.235+69%174574866.997+99%
Usd Total Gains Per Share--0.0040.014-69%-0.010+322%-0.002+136%0.010-57%
 EOD+3 -5MRQTTM+7 -28YOY+24 -105Y+23 -1110Y+16 -19

3.2. Fundamental Score

Let's check the fundamental score of EGing Photovoltaic Technology Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1575.286
Price to Book Ratio (EOD)Between0-11.548
Net Profit Margin (MRQ)Greater than00.007
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.251
Current Ratio (MRQ)Greater than10.993
Debt to Asset Ratio (MRQ)Less than10.741
Debt to Equity Ratio (MRQ)Less than13.317
Return on Equity (MRQ)Greater than0.150.006
Return on Assets (MRQ)Greater than0.050.001
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of EGing Photovoltaic Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.628
Ma 20Greater thanMa 504.535
Ma 50Greater thanMa 1004.577
Ma 100Greater thanMa 2004.871
OpenGreater thanClose4.220
Total1/5 (20.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Net Working Capital  672,128-124,053548,075295,959844,034-176,147667,888-726,946-59,058
Interest Income  6,77854,22761,006-43,15017,85635,51353,369-143,934-90,565



Latest Balance Sheet

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

Summary
Total Assets12,543,345
Total Liabilities9,290,810
Total Stockholder Equity2,800,739
 As reported
Total Liabilities 9,290,810
Total Stockholder Equity+ 2,800,739
Total Assets = 12,543,345

Assets

Total Assets12,543,345
Total Current Assets7,835,511
Long-term Assets4,707,834
Total Current Assets
Cash And Cash Equivalents 3,997,551
Short-term Investments 1,419
Net Receivables 1,978,462
Inventory 1,239,698
Other Current Assets 177,266
Total Current Assets  (as reported)7,835,511
Total Current Assets  (calculated)7,394,396
+/- 441,114
Long-term Assets
Property Plant Equipment 4,400,189
Intangible Assets 121,957
Long-term Assets Other 36,175
Long-term Assets  (as reported)4,707,834
Long-term Assets  (calculated)4,558,322
+/- 149,512

Liabilities & Shareholders' Equity

Total Current Liabilities7,894,569
Long-term Liabilities1,396,241
Total Stockholder Equity2,800,739
Total Current Liabilities
Short Long Term Debt 367,902
Accounts payable 6,387,964
Other Current Liabilities 141,157
Total Current Liabilities  (as reported)7,894,569
Total Current Liabilities  (calculated)6,897,023
+/- 997,546
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt13,787
Long-term Liabilities Other 1,321,210
Long-term Liabilities  (as reported)1,396,241
Long-term Liabilities  (calculated)1,334,997
+/- 61,244
Total Stockholder Equity
Total Stockholder Equity (as reported)2,800,739
Total Stockholder Equity (calculated)0
+/- 2,800,739
Other
Capital Stock1,195,290
Common Stock Shares Outstanding 1,195,290
Net Invested Capital 3,168,640
Net Working Capital -59,058
Property Plant and Equipment Gross 4,400,189



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-06-302001-12-312000-12-31
> Total Assets 
254,330
379,754
437,476
494,274
621,346
592,339
600,126
613,731
639,069
797,211
809,120
825,396
921,730
917,073
950,516
918,625
924,557
901,808
843,177
883,166
875,580
862,731
855,080
860,958
871,686
908,713
875,279
853,972
904,483
954,600
900,815
880,351
854,944
923,917
865,448
956,453
964,385
1,026,718
991,304
5,044,285
5,206,552
5,647,331
4,857,073
4,858,286
4,746,773
4,517,937
4,698,777
4,833,717
4,570,112
4,861,085
5,069,497
5,365,941
6,631,859
6,868,458
6,882,091
6,725,410
6,812,981
6,675,677
6,472,885
7,092,404
6,576,594
6,910,233
6,462,395
6,598,126
6,369,137
6,369,595
6,803,225
6,679,502
6,129,193
5,736,635
6,254,620
6,433,686
6,673,271
6,633,955
6,930,019
7,509,181
8,026,896
7,014,680
7,327,421
7,960,072
8,382,271
8,830,197
11,232,809
11,798,795
10,657,822
11,412,123
12,543,345
12,543,34511,412,12310,657,82211,798,79511,232,8098,830,1978,382,2717,960,0727,327,4217,014,6808,026,8967,509,1816,930,0196,633,9556,673,2716,433,6866,254,6205,736,6356,129,1936,679,5026,803,2256,369,5956,369,1376,598,1266,462,3956,910,2336,576,5947,092,4046,472,8856,675,6776,812,9816,725,4106,882,0916,868,4586,631,8595,365,9415,069,4974,861,0854,570,1124,833,7174,698,7774,517,9374,746,7734,858,2864,857,0735,647,3315,206,5525,044,285991,3041,026,718964,385956,453865,448923,917854,944880,351900,815954,600904,483853,972875,279908,713871,686860,958855,080862,731875,580883,166843,177901,808924,557918,625950,516917,073921,730825,396809,120797,211639,069613,731600,126592,339621,346494,274437,476379,754254,330
   > 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
2,685,911
3,153,295
3,183,608
2,707,729
2,361,939
2,954,630
3,337,136
3,594,615
3,473,359
3,569,825
3,639,604
4,189,494
3,577,833
3,907,651
4,943,775
5,416,344
5,756,490
7,795,338
8,254,950
7,172,569
7,516,817
7,835,511
7,835,5117,516,8177,172,5698,254,9507,795,3385,756,4905,416,3444,943,7753,907,6513,577,8334,189,4943,639,6043,569,8253,473,3593,594,6153,337,1362,954,6302,361,9392,707,7293,183,6083,153,2952,685,91100000000000000000000000000000000000000000000000000000000000000000
       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
1,143,502
1,500,146
1,593,352
977,073
1,092,482
1,090,639
1,543,584
1,339,001
939,069
1,374,924
1,993,500
1,988,532
1,846,405
1,823,988
2,614,611
2,221,636
3,002,045
4,138,658
4,231,605
3,649,596
3,556,200
3,997,551
3,997,5513,556,2003,649,5964,231,6054,138,6583,002,0452,221,6362,614,6111,823,9881,846,4051,988,5321,993,5001,374,924939,0691,339,0011,543,5841,090,6391,092,482977,0731,593,3521,500,1461,143,50200000000000000000000000000000000000000000000000000000000000000000
       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
250,000
0
400,000
500,606
60,000
260,000
240,000
333,978
632,723
255,493
0
500,000
146,400
48,380
396,493
523,855
252,696
105,535
60,000
0
0
1,419
1,4190060,000105,535252,696523,855396,49348,380146,400500,0000255,493632,723333,978240,000260,00060,000500,606400,0000250,00000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
21,642
32,814
40,884
55,001
68,407
60,075
60,216
43,427
52,188
57,666
71,759
46,584
126,293
59,594
72,130
48,771
50,319
53,476
66,872
163,262
146,899
143,029
145,816
28,549
38,060
58,105
40,437
24,229
35,893
35,538
51,396
36,514
41,760
47,612
50,665
57,451
57,087
76,593
98,616
679,957
510,189
329,470
267,250
725,621
609,033
777,257
950,087
850,847
619,273
831,006
975,311
1,071,163
1,162,630
1,098,476
1,179,064
1,214,984
1,233,502
1,267,637
1,318,509
1,567,103
1,206,018
1,193,365
1,146,643
878,507
604,579
832,806
851,420
796,589
744,072
714,684
756,683
1,122,599
1,048,105
1,406,735
1,211,372
1,009,875
982,496
932,644
1,063,153
1,089,903
1,249,871
1,485,961
1,571,054
1,615,579
1,326,620
2,292,842
1,978,462
1,978,4622,292,8421,326,6201,615,5791,571,0541,485,9611,249,8711,089,9031,063,153932,644982,4961,009,8751,211,3721,406,7351,048,1051,122,599756,683714,684744,072796,589851,420832,806604,579878,5071,146,6431,193,3651,206,0181,567,1031,318,5091,267,6371,233,5021,214,9841,179,0641,098,4761,162,6301,071,163975,311831,006619,273850,847950,087777,257609,033725,621267,250329,470510,189679,95798,61676,59357,08757,45150,66547,61241,76036,51451,39635,53835,89324,22940,43758,10538,06028,549145,816143,029146,899163,26266,87253,47650,31948,77172,13059,594126,29346,58471,75957,66652,18843,42760,21660,07568,40755,00140,88432,81421,642
       Other Current Assets 
1,256
2,099
1,475
9,228
6,738
5,323
18,007
9,048
12,767
13,079
21,187
5,898
2,578
6,833
13,762
4,524
6,267
4,423
3,294
670
1,572
3,759
22,054
57,626
57,768
85,851
84,999
24,232
25,175
26,228
95,567
79,102
74,866
9,828
11,981
41,598
39,445
41,296
50,977
354,881
247,249
423,589
334,964
246,918
244,753
108,859
98,822
50,119
58,078
49,862
73,560
88,322
747,762
125,971
121,635
89,959
115,683
222,510
223,811
174,474
191,431
165,934
215,602
125,283
508,713
112,608
437,258
138,758
138,652
128,699
136,805
120,802
164,981
166,526
221,142
212,284
293,602
324,647
375,344
524,771
389,152
157,174
885,760
157,072
151,861
297,391
177,266
177,266297,391151,861157,072885,760157,174389,152524,771375,344324,647293,602212,284221,142166,526164,981120,802136,805128,699138,652138,758437,258112,608508,713125,283215,602165,934191,431174,474223,811222,510115,68389,959121,635125,971747,76288,32273,56049,86258,07850,11998,822108,859244,753246,918334,964423,589247,249354,88150,97741,29639,44541,59811,9819,82874,86679,10295,56726,22825,17524,23284,99985,85157,76857,62622,0543,7591,5726703,2944,4236,2674,52413,7626,8332,5785,89821,18713,07912,7679,04818,0075,3236,7389,2281,4752,0991,256
   > 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
3,421,464
3,374,696
3,299,990
3,096,550
3,078,657
3,160,596
3,360,194
3,869,577
3,837,402
3,436,848
3,419,770
3,016,297
2,965,926
3,073,708
3,437,470
3,543,846
3,485,254
3,895,306
4,707,834
4,707,8343,895,3063,485,2543,543,8463,437,4703,073,7082,965,9263,016,2973,419,7703,436,8483,837,4023,869,5773,360,1943,160,5963,078,6573,096,5503,299,9903,374,6963,421,46400000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
134,765
204,426
260,504
282,520
292,016
293,904
311,778
343,076
350,152
362,258
388,156
434,379
441,478
452,869
453,012
448,953
442,646
444,700
439,735
421,586
396,272
418,173
395,743
444,697
379,641
432,174
371,150
420,322
356,403
438,160
379,531
414,081
376,255
422,713
386,482
439,129
390,266
430,250
384,093
2,565,755
2,660,466
2,895,451
2,777,793
2,878,373
2,683,064
2,838,176
2,642,653
2,749,336
2,609,288
2,696,649
2,688,737
2,681,912
2,965,957
3,211,505
3,221,683
3,095,403
3,127,418
3,165,488
3,118,856
3,180,882
3,201,605
3,207,779
3,141,771
3,237,416
3,192,993
3,330,867
3,313,977
3,172,456
3,089,051
3,026,211
2,960,884
2,729,021
2,679,864
2,610,586
2,705,978
3,566,428
3,441,005
3,089,202
3,090,826
2,767,941
2,709,039
2,805,159
3,145,190
3,236,732
3,198,936
3,423,909
4,400,189
4,400,1893,423,9093,198,9363,236,7323,145,1902,805,1592,709,0392,767,9413,090,8263,089,2023,441,0053,566,4282,705,9782,610,5862,679,8642,729,0212,960,8843,026,2113,089,0513,172,4563,313,9773,330,8673,192,9933,237,4163,141,7713,207,7793,201,6053,180,8823,118,8563,165,4883,127,4183,095,4033,221,6833,211,5052,965,9572,681,9122,688,7372,696,6492,609,2882,749,3362,642,6532,838,1762,683,0642,878,3732,777,7932,895,4512,660,4662,565,755384,093430,250390,266439,129386,482422,713376,255414,081379,531438,160356,403420,322371,150432,174379,641444,697395,743418,173396,272421,586439,735444,700442,646448,953453,012452,869441,478434,379388,156362,258350,152343,076311,778293,904292,016282,520260,504204,426134,765
       Intangible Assets 
7,893
7,066
6,747
7,437
7,335
7,300
6,992
6,845
6,698
6,551
6,404
6,257
6,110
614
5,737
439
3,978
345
3,831
309
23,820
216
23,434
200
57,878
183
57,106
166
56,443
106
37,940
129
37,493
112
38,542
95
47,809
78
47,348
495
104,947
712
141,753
672
139,903
629
138,367
333
136,560
136,700
135,916
135,132
134,348
133,564
132,783
145,412
144,551
143,757
143,006
142,167
141,332
140,506
139,679
138,853
138,917
138,087
137,256
136,425
135,594
149
134,197
133,488
133,247
132,357
131,539
130,991
130,084
129,176
128,388
127,722
127,070
126,152
125,234
124,714
123,795
122,876
121,957
121,957122,876123,795124,714125,234126,152127,070127,722128,388129,176130,084130,991131,539132,357133,247133,488134,197149135,594136,425137,256138,087138,917138,853139,679140,506141,332142,167143,006143,757144,551145,412132,783133,564134,348135,132135,916136,700136,560333138,367629139,903672141,753712104,94749547,3487847,8099538,54211237,49312937,94010656,44316657,10618357,87820023,43421623,8203093,8313453,9784395,7376146,1106,2576,4046,5516,6986,8456,9927,3007,3357,4376,7477,0667,893
       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
11,506
11,401
1,870
15,210
25,830
181,558
2,989,554
7,681
134,310
89,549
78,181
6,559
17,721
29,315
49,047
28,691
11,538
189,970
36,175
36,175189,97011,53828,69149,04729,31517,7216,55978,18189,549134,3107,6812,989,554181,55825,83015,2101,87011,40111,50600000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
110,209
206,399
243,962
324,774
159,703
112,761
112,183
120,645
138,779
312,632
317,264
320,667
409,631
426,497
452,111
405,883
407,619
398,543
336,298
385,911
374,852
371,616
353,481
358,745
366,619
408,862
371,055
357,865
408,257
441,969
378,182
363,340
344,174
417,701
357,519
473,746
477,721
545,989
503,836
3,122,991
3,383,232
4,033,823
3,392,465
3,649,084
3,584,257
3,304,168
3,435,857
3,557,190
3,286,660
3,495,833
3,658,230
3,993,822
4,047,197
4,306,137
4,216,769
3,974,498
3,968,599
3,723,739
3,413,111
4,059,572
3,534,388
3,332,600
2,854,518
3,001,339
2,767,039
2,771,005
3,156,398
3,029,378
2,494,864
2,184,511
2,667,386
3,110,100
3,407,310
3,302,909
3,598,375
4,838,042
4,749,911
3,808,380
4,184,719
5,288,790
5,725,801
6,104,803
8,463,739
8,929,797
7,633,606
8,195,858
9,290,810
9,290,8108,195,8587,633,6068,929,7978,463,7396,104,8035,725,8015,288,7904,184,7193,808,3804,749,9114,838,0423,598,3753,302,9093,407,3103,110,1002,667,3862,184,5112,494,8643,029,3783,156,3982,771,0052,767,0393,001,3392,854,5183,332,6003,534,3884,059,5723,413,1113,723,7393,968,5993,974,4984,216,7694,306,1374,047,1973,993,8223,658,2303,495,8333,286,6603,557,1903,435,8573,304,1683,584,2573,649,0843,392,4654,033,8233,383,2323,122,991503,836545,989477,721473,746357,519417,701344,174363,340378,182441,969408,257357,865371,055408,862366,619358,745353,481371,616374,852385,911336,298398,543407,619405,883452,111426,497409,631320,667317,264312,632138,779120,645112,183112,761159,703324,774243,962206,399110,209
   > Total Current Liabilities 
95,606
131,233
155,321
216,502
111,497
73,630
73,052
92,272
110,407
284,259
288,892
285,874
374,838
391,704
421,457
392,618
379,483
381,705
321,074
369,730
358,671
355,685
337,550
345,633
353,506
395,749
327,943
352,187
402,580
436,291
372,505
361,122
332,524
405,557
345,301
458,249
462,720
522,812
484,727
2,945,281
3,205,573
3,858,251
2,892,496
3,189,884
3,125,962
2,822,001
2,995,948
3,093,414
2,489,764
3,136,940
3,302,788
3,426,408
3,464,771
3,919,071
3,807,711
3,538,263
3,519,934
2,363,880
2,054,233
2,921,020
2,415,124
2,191,338
1,727,716
1,855,125
1,650,962
1,683,163
2,092,568
1,921,401
1,430,018
1,062,983
1,606,026
1,926,657
2,276,537
2,248,264
2,599,143
3,806,859
3,749,692
2,734,171
3,184,127
3,986,801
4,436,401
4,859,404
7,123,210
7,706,874
6,328,534
6,848,929
7,894,569
7,894,5696,848,9296,328,5347,706,8747,123,2104,859,4044,436,4013,986,8013,184,1272,734,1713,749,6923,806,8592,599,1432,248,2642,276,5371,926,6571,606,0261,062,9831,430,0181,921,4012,092,5681,683,1631,650,9621,855,1251,727,7162,191,3382,415,1242,921,0202,054,2332,363,8803,519,9343,538,2633,807,7113,919,0713,464,7713,426,4083,302,7883,136,9402,489,7643,093,4142,995,9482,822,0013,125,9623,189,8842,892,4963,858,2513,205,5732,945,281484,727522,812462,720458,249345,301405,557332,524361,122372,505436,291402,580352,187327,943395,749353,506345,633337,550355,685358,671369,730321,074381,705379,483392,618421,457391,704374,838285,874288,892284,259110,40792,27273,05273,630111,497216,502155,321131,23395,606
       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
55,579
100,000
100,000
9,500
219,078
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000219,0789,500100,000100,00055,5790000000000000000000000000000000000000000000000000000000000000000000
       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
55,579
100,000
100,000
9,500
219,078
199,078
139,805
197,572
60,000
342,728
340,000
155,600
197,636
214,210
241,486
321,504
339,801
409,616
445,529
367,902
367,902445,529409,616339,801321,504241,486214,210197,636155,600340,000342,72860,000197,572139,805199,078219,0789,500100,000100,00055,5790000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
3,341
7,679
29,450
29,023
29,305
24,692
27,810
30,407
23,193
58,131
57,185
29,516
89,581
40,161
50,836
24,738
26,377
25,318
10,453
36,002
35,568
41,935
12,974
28,660
26,878
52,333
39,926
28,131
20,459
40,318
18,344
32,740
29,481
40,675
20,932
64,002
39,012
44,780
38,075
1,169,435
1,004,656
1,395,792
1,379,154
1,303,145
1,244,416
1,240,582
1,267,627
1,281,147
1,307,561
1,358,409
1,428,105
1,511,908
2,013,700
1,817,919
2,026,019
1,470,106
1,809,588
1,610,828
1,726,085
1,760,184
1,929,941
1,210,061
1,096,325
1,218,174
1,288,874
1,104,881
1,578,467
1,221,049
1,036,825
823,139
1,077,721
1,262,394
1,616,968
1,861,742
1,960,761
1,847,349
2,773,866
1,697,531
2,226,138
2,851,666
3,112,344
3,351,390
4,725,147
5,588,580
4,588,816
4,694,277
6,387,964
6,387,9644,694,2774,588,8165,588,5804,725,1473,351,3903,112,3442,851,6662,226,1381,697,5312,773,8661,847,3491,960,7611,861,7421,616,9681,262,3941,077,721823,1391,036,8251,221,0491,578,4671,104,8811,288,8741,218,1741,096,3251,210,0611,929,9411,760,1841,726,0851,610,8281,809,5881,470,1062,026,0191,817,9192,013,7001,511,9081,428,1051,358,4091,307,5611,281,1471,267,6271,240,5821,244,4161,303,1451,379,1541,395,7921,004,6561,169,43538,07544,78039,01264,00220,93240,67529,48132,74018,34440,31820,45928,13139,92652,33326,87828,66012,97441,93535,56836,00210,45325,31826,37724,73850,83640,16189,58129,51657,18558,13123,19330,40727,81024,69229,30529,02329,4507,6793,341
       Other Current Liabilities 
29,755
14,667
16,083
61,145
57,692
17,534
17,898
21,321
19,744
26,752
32,860
22,824
24,632
29,745
40,200
27,087
48,563
26,819
26,439
24,273
19,853
37,483
58,427
25,225
21,788
10,797
962
17,621
7,686
4,187
1,880
10,996
2,663
6,502
3,031
38,160
24,436
26,532
20,652
158,779
81,922
148,449
152,902
249,345
181,678
148,838
287,671
440,617
90,552
99,881
237,684
544,501
297,652
682,172
400,973
775,916
555,346
753,052
237,148
468,936
215,184
781,277
386,391
636,952
362,088
527,430
389,597
461,682
74,929
60,681
70,000
393,063
444,711
125,330
423,398
1,750,478
615,511
531,445
626,745
795,062
1,090,195
1,139,380
2,042,622
395,662
1,292,539
1,468,079
141,157
141,1571,468,0791,292,539395,6622,042,6221,139,3801,090,195795,062626,745531,445615,5111,750,478423,398125,330444,711393,06370,00060,68174,929461,682389,597527,430362,088636,952386,391781,277215,184468,936237,148753,052555,346775,916400,973682,172297,652544,501237,68499,88190,552440,617287,671148,838181,678249,345152,902148,44981,922158,77920,65226,53224,43638,1603,0316,5022,66310,9961,8804,1877,68617,62196210,79721,78825,22558,42737,48319,85324,27326,43926,81948,56327,08740,20029,74524,63222,82432,86026,75219,74421,32117,89817,53457,69261,14516,08314,66729,755
   > 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
1,064,845
1,121,528
1,061,360
1,183,443
1,130,773
1,054,645
999,231
1,031,183
1,000,220
1,074,209
1,000,593
1,301,988
1,289,400
1,245,399
1,340,528
1,222,923
1,305,072
1,346,928
1,396,241
1,396,2411,346,9281,305,0721,222,9231,340,5281,245,3991,289,4001,301,9881,000,5931,074,2091,000,2201,031,183999,2311,054,6451,130,7731,183,4431,061,3601,121,5281,064,84500000000000000000000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-55,579
-100,000
-100,000
-9,500
-219,078
0
0
0
0
235,000
299,853
223,547
7,402
6,770
6,765
121,035
6,167
12,991
12,800
13,787
13,78712,80012,9916,167121,0356,7656,7707,402223,547299,853235,0000000-219,078-9,500-100,000-100,000-55,5790000000000000000000000000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
454,954
488,144
476,274
504,723
499,192
518,009
524,679
580,256
567,601
558,184
550,994
540,778
1,149,000
546,700
1,115,618
559,216
1,228,042
558,731
1,321,210
1,321,210558,7311,228,042559,2161,115,618546,7001,149,000540,778550,994558,184567,601580,256524,679518,009499,192504,723476,274488,144454,95400000000000000000000000000000000000000000000000000000000000000000000
       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
39,886
39,296
40,124
46,003
45,002
44,000
43,024
43,132
42,094
41,067
40,499
14,342
16,720
15,947
6,059
5,453
5,024
4,643
0
0
4,833
0
04,833004,6435,0245,4536,05915,94716,72014,34240,49941,06742,09443,13243,02444,00045,00246,00340,12439,29639,88600000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
125,848
159,541
177,965
154,401
445,613
461,480
469,186
480,760
487,199
471,283
479,748
492,643
500,249
480,989
488,559
503,470
507,608
485,660
492,255
488,401
491,865
487,147
497,674
494,620
497,445
492,216
496,661
488,961
488,997
486,188
494,386
491,340
483,609
473,174
473,713
451,787
450,244
443,602
448,915
1,892,213
1,793,199
1,582,558
1,434,780
1,179,865
1,133,706
1,184,999
1,234,735
1,248,763
1,256,172
1,337,994
1,394,378
1,358,963
2,571,545
2,549,369
2,665,322
2,750,912
2,844,382
2,951,938
3,059,774
3,032,832
3,042,206
3,577,632
3,607,877
3,596,787
3,602,098
3,598,590
3,646,826
3,650,124
3,634,330
3,552,124
3,587,234
3,323,586
3,265,961
3,331,047
3,331,644
2,671,139
2,818,890
2,757,026
2,701,957
2,297,622
2,284,866
2,348,221
2,385,875
2,471,293
2,604,235
2,768,633
2,800,739
2,800,7392,768,6332,604,2352,471,2932,385,8752,348,2212,284,8662,297,6222,701,9572,757,0262,818,8902,671,1393,331,6443,331,0473,265,9613,323,5863,587,2343,552,1243,634,3303,650,1243,646,8263,598,5903,602,0983,596,7873,607,8773,577,6323,042,2063,032,8323,059,7742,951,9382,844,3822,750,9122,665,3222,549,3692,571,5451,358,9631,394,3781,337,9941,256,1721,248,7631,234,7351,184,9991,133,7061,179,8651,434,7801,582,5581,793,1991,892,213448,915443,602450,244451,787473,713473,174483,609491,340494,386486,188488,997488,961496,661492,216497,445494,620497,674487,147491,865488,401492,255485,660507,608503,470488,559480,989500,249492,643479,748471,283487,199480,760469,186461,480445,613154,401177,965159,541125,848
   Common Stock
114,310
114,310
114,310
114,310
164,310
164,310
164,310
164,310
164,310
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
230,034
485,871
485,871
485,871
485,871
485,871
485,871
485,871
485,871
485,871
485,871
485,871
485,871
485,871
588,180
588,180
588,180
588,180
588,180
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,176,359
1,191,859
1,192,859
0
0
1,192,859
0
01,192,859001,192,8591,191,8591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,3591,176,359588,180588,180588,180588,180588,180485,871485,871485,871485,871485,871485,871485,871485,871485,871485,871485,871485,871485,871230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034230,034164,310164,310164,310164,310164,310114,310114,310114,310114,310
   Retained Earnings 
279
27,957
46,352
17,068
22,404
38,011
45,718
48,296
54,735
38,819
46,859
53,373
60,979
40,583
48,153
54,160
58,298
36,349
42,945
38,657
42,121
39,876
50,404
44,962
47,787
42,557
47,003
39,026
39,062
36,253
45,271
42,225
34,494
24,059
24,598
2,672
1,129
0
0
1,382,442
1,283,540
1,097,071
948,918
694,158
647,841
699,239
749,035
760,110
770,438
842,056
893,961
858,598
870,024
827,166
941,757
1,027,361
1,120,799
1,187,985
1,295,787
1,268,931
1,278,310
1,118,498
1,148,725
1,137,619
1,142,953
1,139,465
1,187,596
1,190,927
1,127,522
1,045,087
1,080,150
864,397
806,770
871,903
869,657
211,965
131,556
68,432
12,759
-390,124
-401,765
-366,508
-342,126
-311,183
-184,604
21,929
-9,500
-9,50021,929-184,604-311,183-342,126-366,508-401,765-390,12412,75968,432131,556211,965869,657871,903806,770864,3971,080,1501,045,0871,127,5221,190,9271,187,5961,139,4651,142,9531,137,6191,148,7251,118,4981,278,3101,268,9311,295,7871,187,9851,120,7991,027,361941,757827,166870,024858,598893,961842,056770,438760,110749,035699,239647,841694,158948,9181,097,0711,283,5401,382,442001,1292,67224,59824,05934,49442,22545,27136,25339,06239,02647,00342,55747,78744,96250,40439,87642,12138,65742,94536,34958,29854,16048,15340,58360,97953,37346,85938,81954,73548,29645,71838,01122,40417,06846,35227,957279
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-330
-223
-257
-19
211
256
-265
-263
-310
-406
-280
-624
742
1,447
-314
-1,429
-5,336
-335
0
0
-713
0
0-71300-335-5,336-1,429-3141,447742-624-280-406-310-263-265256211-19-257-223-33000000000000000000000000000000000000000000000000000000000000000000



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 (+$)
totalRevenue11,112,734
Cost of Revenue-9,970,668
Gross Profit1,142,0661,142,066
 
Operating Income (+$)
Gross Profit1,142,066
Operating Expense-10,548,871
Operating Income563,863-9,406,805
 
Operating Expense (+$)
Research Development196,833
Selling General Administrative245,391
Selling And Marketing Expenses-
Operating Expense10,548,871442,224
 
Net Interest Income (+$)
Interest Income5,954
Interest Expense-91,785
Other Finance Cost-103,571
Net Interest Income17,740
 
Pretax Income (+$)
Operating Income563,863
Net Interest Income17,740
Other Non-Operating Income Expenses-
Income Before Tax (EBT)424,876563,863
EBIT - interestExpense = -91,785
380,777
472,563
Interest Expense91,785
Earnings Before Interest and Taxes (EBIT)-516,662
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax424,876
Tax Provision--20,092
Net Income From Continuing Ops444,969444,969
Net Income380,777
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--17,740
 

Technical Analysis of EGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. The general trend of EGing Photovoltaic Technology Co Ltd is BEARISH with 100.0% 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 EGing Photovoltaic Technology 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 (-100.0%) Bearish trend (100.0%)
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 EGing Photovoltaic Technology 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: 4.77 < 5.2 < 5.7.

The bearish price targets are: 3.42 > 3.03.

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EGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

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

EGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. The current macd is -0.0558059.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the EGing Photovoltaic Technology Co Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for EGing Photovoltaic Technology Co Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the EGing Photovoltaic Technology Co Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
EGing Photovoltaic Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. The current adx is 19.26.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell EGing Photovoltaic Technology Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
EGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. The current sar is 4.62656372.

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
EGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. The current rsi is 37.63. The current phase is Continuation in bear market.

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

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

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 EGing Photovoltaic Technology Co Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
EGing Photovoltaic Technology Co Ltd Daily Stochastic Oscillator ChartEGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. The current cci is -198.96973599.

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

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
EGing Photovoltaic Technology Co Ltd Daily Commodity Channel Index (CCI) ChartEGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. The current cmo is -39.29901042.

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
EGing Photovoltaic Technology Co Ltd Daily Chande Momentum Oscillator (CMO) ChartEGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. The current willr is -94.91525424.

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

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

EGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. The current atr is 0.16385422.

EGing Photovoltaic Technology Co Ltd Daily Average True Range (ATR) ChartEGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. The current obv is 2,615,697,654.

EGing Photovoltaic Technology Co Ltd Daily On-Balance Volume (OBV) ChartEGing Photovoltaic Technology 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 EGing Photovoltaic Technology Co Ltd. The current mfi is 32.55.

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
EGing Photovoltaic Technology Co Ltd Daily Money Flow Index (MFI) ChartEGing Photovoltaic Technology Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for EGing Photovoltaic Technology Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-06SAR 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).
2023-11-09DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH 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
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

EGing Photovoltaic Technology Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of EGing Photovoltaic Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.628
Ma 20Greater thanMa 504.535
Ma 50Greater thanMa 1004.577
Ma 100Greater thanMa 2004.871
OpenGreater thanClose4.220
Total1/5 (20.0%)
Penke

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