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Zhejiang Daily Media Group Co Ltd
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PenkeI guess you are interested in Zhejiang Daily Media Group 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 Zhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd (30 sec.)










What can you expect buying and holding a share of Zhejiang Daily Media Group Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.01
When do you have the money?
1 year
How often do you get paid?
95.0%

What is your share worth?

Current worth
¥8.51
Expected worth in 1 year
¥9.17
How sure are you?
85.0%

+ What do you gain per year?

Total Gains per Share
¥0.75
Return On Investment
6.7%

For what price can you sell your share?

Current Price per Share
¥11.21
Expected price per share
¥10.70 - ¥13.84
How sure are you?
50%

1. Valuation of Zhejiang Daily Media Group Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥11.21

Intrinsic Value Per Share

¥2.54 - ¥11.20

Total Value Per Share

¥11.06 - ¥19.71

2. Growth of Zhejiang Daily Media Group Co Ltd (5 min.)




Is Zhejiang Daily Media Group Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$1.4b$1.3b$100.1m6.9%

How much money is Zhejiang Daily Media Group Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$28.4m$14m$14.4m50.7%
Net Profit Margin24.2%8.0%--

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

3. Financial Health of Zhejiang Daily Media Group Co Ltd (5 min.)




4. Comparing to competitors in the Internet Content & Information industry (5 min.)




  Industry Rankings (Internet Content & Information)  


Richest
#31 / 146

Most Revenue
#61 / 146

Most Profit
#29 / 146

What can you expect buying and holding a share of Zhejiang Daily Media Group Co Ltd? (5 min.)

Welcome investor! Zhejiang Daily Media Group Co Ltd's management wants to use your money to grow the business. In return you get a share of Zhejiang Daily Media Group Co Ltd.

What can you expect buying and holding a share of Zhejiang Daily Media Group Co Ltd?

First you should know what it really means to hold a share of Zhejiang Daily Media Group Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Zhejiang Daily Media Group Co Ltd is ¥11.21. 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 Zhejiang Daily Media Group 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 Zhejiang Daily Media Group 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 ¥8.51. Based on the TTM, the Book Value Change Per Share is ¥0.16 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.14 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ¥0.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Zhejiang Daily Media Group 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%0.030.2%0.010.1%0.020.2%0.020.2%
Usd Book Value Change Per Share0.000.0%0.020.2%0.020.2%0.010.1%0.020.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.010.0%0.010.1%
Usd Total Gains Per Share0.000.0%0.030.2%0.020.2%0.020.1%0.030.3%
Usd Price Per Share1.88-1.75-1.04-1.28-1.87-
Price to Earnings Ratio72.24-27.65-34.57-25.99-35.18-
Price-to-Total Gains Ratio1,258.24-352.77-167.64--687.53--333.58-
Price to Book Ratio1.59-1.51-0.97-1.24-2.63-
Price-to-Total Gains Ratio1,258.24-352.77-167.64--687.53--333.58-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.551464
Number of shares644
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share0.020.01
Usd Total Gains Per Share0.030.02
Gains per Quarter (644 shares)16.8110.37
Gains per Year (644 shares)67.2341.48
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
195857142831
217117124275672
3261751914184113
43523425854112154
54429232568140195
65235139281168236
76140945995195277
870468526108223318
979526593122251359
1087585660136279400

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%20.00.00.0100.0%40.00.00.0100.0%64.00.022.074.4%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%16.04.00.080.0%31.09.00.077.5%53.033.00.061.6%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.01.095.0%38.00.02.095.0%67.00.019.077.9%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%16.04.00.080.0%34.06.00.085.0%56.030.00.065.1%

Fundamentals of Zhejiang Daily Media Group Co Ltd

About Zhejiang Daily Media Group Co Ltd

Zhejiang Daily Digital Culture Group Co.,Ltd operates as an internet digital cultural company in China. It focuses on the digital entertainment, big data, digital sports, financial media, and other industries. The company was formerly known as Zhejiang Daily Media Group Co., Ltd. and changed its name to Zhejiang Daily Digital Culture Group Co.,Ltd in April 2017. The company was founded in 1992 and is based in Hangzhou, China.

Fundamental data was last updated by Penke on 2024-03-26 19:00:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient 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 less efficient 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 overpriced.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of Zhejiang Daily Media Group Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Zhejiang Daily Media Group Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Zhejiang Daily Media Group Co Ltd to the Internet Content & Information industry mean.
  • A Net Profit Margin of 9.9% means that ¥0.10 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Zhejiang Daily Media Group Co Ltd:

  • The MRQ is 9.9%. The company is making a profit. +1
  • The TTM is 24.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ9.9%TTM24.2%-14.3%
TTM24.2%YOY8.0%+16.2%
TTM24.2%5Y16.1%+8.1%
5Y16.1%10Y24.1%-8.0%
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ9.9%1.5%+8.4%
TTM24.2%0.3%+23.9%
YOY8.0%3.0%+5.0%
5Y16.1%-0.9%+17.0%
10Y24.1%-2.6%+26.7%
1.1.2. Return on Assets

Shows how efficient Zhejiang Daily Media Group Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Zhejiang Daily Media Group Co Ltd to the Internet Content & Information industry mean.
  • 0.5% Return on Assets means that Zhejiang Daily Media Group Co Ltd generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Zhejiang Daily Media Group Co Ltd:

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.5%TTM1.6%-1.2%
TTM1.6%YOY0.9%+0.8%
TTM1.6%5Y1.2%+0.4%
5Y1.2%10Y1.8%-0.6%
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%0.5%0.0%
TTM1.6%-0.1%+1.7%
YOY0.9%0.4%+0.5%
5Y1.2%0.2%+1.0%
10Y1.8%-0.3%+2.1%
1.1.3. Return on Equity

Shows how efficient Zhejiang Daily Media Group Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Zhejiang Daily Media Group Co Ltd to the Internet Content & Information industry mean.
  • 0.6% Return on Equity means Zhejiang Daily Media Group Co Ltd generated ¥0.01 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Zhejiang Daily Media Group Co Ltd:

  • The MRQ is 0.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM2.1%-1.5%
TTM2.1%YOY1.1%+1.0%
TTM2.1%5Y1.6%+0.6%
5Y1.6%10Y2.5%-1.0%
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%1.0%-0.4%
TTM2.1%0.7%+1.4%
YOY1.1%1.1%+0.0%
5Y1.6%0.8%+0.8%
10Y2.5%0.7%+1.8%

1.2. Operating Efficiency of Zhejiang Daily Media Group Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Zhejiang Daily Media Group Co Ltd is operating .

  • Measures how much profit Zhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd to the Internet Content & Information 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 Zhejiang Daily Media Group Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM11.9%-11.9%
TTM11.9%YOY19.0%-7.1%
TTM11.9%5Y20.5%-8.5%
5Y20.5%10Y10.7%+9.8%
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.8%-2.8%
TTM11.9%1.7%+10.2%
YOY19.0%1.6%+17.4%
5Y20.5%0.7%+19.8%
10Y10.7%-0.2%+10.9%
1.2.2. Operating Ratio

Measures how efficient Zhejiang Daily Media Group Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Internet Content & Information industry mean).
  • An Operation Ratio of 0.98 means that the operating costs are ¥0.98 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Zhejiang Daily Media Group Co Ltd:

  • The MRQ is 0.975. The company is less efficient in keeping operating costs low.
  • The TTM is 0.958. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.975TTM0.958+0.017
TTM0.958YOY1.295-0.338
TTM0.9585Y1.029-0.072
5Y1.02910Y0.767+0.263
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9751.100-0.125
TTM0.9581.117-0.159
YOY1.2951.138+0.157
5Y1.0291.141-0.112
10Y0.7671.099-0.332

1.3. Liquidity of Zhejiang Daily Media Group Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Zhejiang Daily Media Group Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Internet Content & Information industry mean).
  • A Current Ratio of 2.09 means the company has ¥2.09 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Zhejiang Daily Media Group Co Ltd:

  • The MRQ is 2.085. The company is able to pay all its short-term debts. +1
  • The TTM is 1.954. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.085TTM1.954+0.131
TTM1.954YOY1.532+0.422
TTM1.9545Y2.150-0.196
5Y2.15010Y1.225+0.925
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0852.001+0.084
TTM1.9541.933+0.021
YOY1.5322.079-0.547
5Y2.1502.328-0.178
10Y1.2252.297-1.072
1.3.2. Quick Ratio

Measures if Zhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd to the Internet Content & Information industry mean.
  • A Quick Ratio of 0.46 means the company can pay off ¥0.46 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Zhejiang Daily Media Group Co Ltd:

  • The MRQ is 0.460. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.566. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.460TTM0.566-0.107
TTM0.566YOY0.676-0.110
TTM0.5665Y0.930-0.363
5Y0.93010Y0.674+0.256
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4601.579-1.119
TTM0.5661.633-1.067
YOY0.6761.796-1.120
5Y0.9301.819-0.889
10Y0.6741.738-1.064

1.4. Solvency of Zhejiang Daily Media Group Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Zhejiang Daily Media Group Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Zhejiang Daily Media Group Co Ltd to Internet Content & Information industry mean.
  • A Debt to Asset Ratio of 0.16 means that Zhejiang Daily Media Group Co Ltd assets are financed with 16.4% credit (debt) and the remaining percentage (100% - 16.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Zhejiang Daily Media Group Co Ltd:

  • The MRQ is 0.164. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.168. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.164TTM0.168-0.004
TTM0.168YOY0.168+0.000
TTM0.1685Y0.164+0.004
5Y0.16410Y0.197-0.033
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1640.381-0.217
TTM0.1680.378-0.210
YOY0.1680.370-0.202
5Y0.1640.408-0.244
10Y0.1970.421-0.224
1.4.2. Debt to Equity Ratio

Measures if Zhejiang Daily Media Group Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Zhejiang Daily Media Group Co Ltd to the Internet Content & Information industry mean.
  • A Debt to Equity ratio of 21.4% means that company has ¥0.21 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Zhejiang Daily Media Group Co Ltd:

  • The MRQ is 0.214. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.221. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.214TTM0.221-0.007
TTM0.221YOY0.220+0.001
TTM0.2215Y0.218+0.003
5Y0.21810Y0.306-0.088
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2140.534-0.320
TTM0.2210.516-0.295
YOY0.2200.528-0.308
5Y0.2180.638-0.420
10Y0.3060.677-0.371

2. Market Valuation of Zhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd generates.

  • Above 15 is considered overpriced but always compare Zhejiang Daily Media Group Co Ltd to the Internet Content & Information industry mean.
  • A PE ratio of 72.24 means the investor is paying ¥72.24 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Zhejiang Daily Media Group Co Ltd:

  • The EOD is 59.721. Based on the earnings, the company is expensive. -2
  • The MRQ is 72.241. Based on the earnings, the company is expensive. -2
  • The TTM is 27.655. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD59.721MRQ72.241-12.520
MRQ72.241TTM27.655+44.586
TTM27.655YOY34.567-6.912
TTM27.6555Y25.992+1.663
5Y25.99210Y35.180-9.188
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
EOD59.7213.733+55.988
MRQ72.2414.028+68.213
TTM27.6555.873+21.782
YOY34.5670.629+33.938
5Y25.99210.889+15.103
10Y35.1808.703+26.477
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Zhejiang Daily Media Group Co Ltd:

  • The EOD is 37.299. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 45.118. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 34.021. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD37.299MRQ45.118-7.819
MRQ45.118TTM34.021+11.098
TTM34.021YOY68.209-34.189
TTM34.0215Y26.663+7.358
5Y26.66310Y5.286+21.377
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
EOD37.2998.367+28.932
MRQ45.1188.370+36.748
TTM34.0217.024+26.997
YOY68.2095.620+62.589
5Y26.6636.068+20.595
10Y5.2866.936-1.650
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Zhejiang Daily Media Group Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Internet Content & Information industry mean).
  • A PB ratio of 1.59 means the investor is paying ¥1.59 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Zhejiang Daily Media Group Co Ltd:

  • The EOD is 1.317. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.593. Based on the equity, the company is underpriced. +1
  • The TTM is 1.511. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.317MRQ1.593-0.276
MRQ1.593TTM1.511+0.082
TTM1.511YOY0.968+0.542
TTM1.5115Y1.240+0.271
5Y1.24010Y2.633-1.393
Compared to industry (Internet Content & Information)
PeriodCompanyIndustry (mean)+/- 
EOD1.3171.838-0.521
MRQ1.5931.703-0.110
TTM1.5111.773-0.262
YOY0.9682.338-1.370
5Y1.2403.205-1.965
10Y2.6333.633-1.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Zhejiang Daily Media Group 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--0.0060.164-96%0.143-96%0.078-92%0.133-95%
Book Value Per Share--8.5138.314+2%7.743+10%7.458+14%6.231+37%
Current Ratio--2.0851.954+7%1.532+36%2.150-3%1.225+70%
Debt To Asset Ratio--0.1640.168-3%0.168-2%0.1640%0.197-17%
Debt To Equity Ratio--0.2140.221-3%0.220-3%0.218-2%0.306-30%
Dividend Per Share--0.0050.024-81%0.025-82%0.038-88%0.082-94%
Eps--0.0470.190-75%0.080-41%0.125-63%0.139-66%
Free Cash Flow Per Share--0.0750.115-35%0.084-11%0.092-19%0.051+46%
Free Cash Flow To Equity Per Share--0.0750.166-55%-0.035+146%0.033+126%0.092-19%
Gross Profit Margin--1.0001.0000%1.0000%0.950+5%0.975+3%
Intrinsic Value_10Y_max--11.195--------
Intrinsic Value_10Y_min--2.543--------
Intrinsic Value_1Y_max--0.603--------
Intrinsic Value_1Y_min--0.216--------
Intrinsic Value_3Y_max--2.207--------
Intrinsic Value_3Y_min--0.686--------
Intrinsic Value_5Y_max--4.288--------
Intrinsic Value_5Y_min--1.194--------
Market Cap14188833838.080-21%17163305891.88015973519200.260+7%9477157290.963+81%11873720501.783+45%17174328049.5470%
Net Profit Margin--0.0990.242-59%0.080+24%0.161-39%0.241-59%
Operating Margin---0.119-100%0.190-100%0.205-100%0.107-100%
Operating Ratio--0.9750.958+2%1.295-25%1.029-5%0.767+27%
Pb Ratio1.317-21%1.5931.511+5%0.968+64%1.240+28%2.633-39%
Pe Ratio59.721-21%72.24127.655+161%34.567+109%25.992+178%35.180+105%
Price Per Share11.210-21%13.56012.620+7%7.488+81%9.283+46%13.520+0%
Price To Free Cash Flow Ratio37.299-21%45.11834.021+33%68.209-34%26.663+69%5.286+754%
Price To Total Gains Ratio1040.183-21%1258.241352.768+257%167.638+651%-687.525+155%-333.582+127%
Quick Ratio--0.4600.566-19%0.676-32%0.930-51%0.674-32%
Return On Assets--0.0050.016-72%0.009-46%0.012-61%0.018-74%
Return On Equity--0.0060.021-72%0.011-46%0.016-61%0.025-76%
Total Gains Per Share--0.0110.189-94%0.169-94%0.116-91%0.215-95%
Usd Book Value--1491219257.0211456465085.593+2%1356309563.366+10%1320712694.005+13%1098650274.059+36%
Usd Book Value Change Per Share--0.0010.023-96%0.020-96%0.011-92%0.018-95%
Usd Book Value Per Share--1.1781.151+2%1.072+10%1.032+14%0.862+37%
Usd Dividend Per Share--0.0010.003-81%0.004-82%0.005-88%0.011-94%
Usd Eps--0.0060.026-75%0.011-41%0.017-63%0.019-66%
Usd Free Cash Flow--13162042.76020200237.560-35%14717603.758-11%16394726.114-20%7546045.969+74%
Usd Free Cash Flow Per Share--0.0100.016-35%0.012-11%0.013-19%0.007+46%
Usd Free Cash Flow To Equity Per Share--0.0100.023-55%-0.005+146%0.005+126%0.013-19%
Usd Market Cap1963734603.190-21%2375401535.4362210735057.316+7%1311638569.069+81%1643322917.447+45%2376927002.0570%
Usd Price Per Share1.551-21%1.8771.747+7%1.036+81%1.285+46%1.871+0%
Usd Profit--8220430.38628467363.181-71%14029928.729-41%18809929.046-56%22845868.270-64%
Usd Revenue--82911933.864122469180.612-32%164689328.672-50%116939981.395-29%106169771.875-22%
Usd Total Gains Per Share--0.0010.026-94%0.023-94%0.016-91%0.030-95%
 EOD+4 -4MRQTTM+10 -25YOY+15 -205Y+13 -2310Y+13 -23

3.2. Fundamental Score

Let's check the fundamental score of Zhejiang Daily Media Group Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1559.721
Price to Book Ratio (EOD)Between0-11.317
Net Profit Margin (MRQ)Greater than00.099
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.460
Current Ratio (MRQ)Greater than12.085
Debt to Asset Ratio (MRQ)Less than10.164
Debt to Equity Ratio (MRQ)Less than10.214
Return on Equity (MRQ)Greater than0.150.006
Return on Assets (MRQ)Greater than0.050.005
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Zhejiang Daily Media Group Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.520
Ma 20Greater thanMa 5011.396
Ma 50Greater thanMa 10010.634
Ma 100Greater thanMa 20011.492
OpenGreater thanClose10.810
Total1/5 (20.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Interest Income  5,31629,79035,106-26,1568,95022,07231,022-82,140-51,118



Latest Balance Sheet

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

Summary
Total Assets12,889,933
Total Liabilities2,115,228
Total Stockholder Equity9,895,033
 As reported
Total Liabilities 2,115,228
Total Stockholder Equity+ 9,895,033
Total Assets = 12,889,933

Assets

Total Assets12,889,933
Total Current Assets3,022,373
Long-term Assets9,867,560
Total Current Assets
Cash And Cash Equivalents 1,871,799
Short-term Investments 310,866
Net Receivables 355,183
Inventory 37,663
Other Current Assets 164,294
Total Current Assets  (as reported)3,022,373
Total Current Assets  (calculated)2,739,804
+/- 282,569
Long-term Assets
Property Plant Equipment 2,072,364
Goodwill 4,317,496
Intangible Assets 725,996
Long-term Assets Other 209,364
Long-term Assets  (as reported)9,867,560
Long-term Assets  (calculated)7,325,220
+/- 2,542,341

Liabilities & Shareholders' Equity

Total Current Liabilities1,449,405
Long-term Liabilities665,823
Total Stockholder Equity9,895,033
Total Current Liabilities
Short Long Term Debt 200,161
Accounts payable 358,904
Other Current Liabilities 2,462
Total Current Liabilities  (as reported)1,449,405
Total Current Liabilities  (calculated)561,527
+/- 887,878
Long-term Liabilities
Long term Debt 432,167
Capital Lease Obligations Min Short Term Debt184,320
Long-term Liabilities  (as reported)665,823
Long-term Liabilities  (calculated)616,487
+/- 49,336
Total Stockholder Equity
Retained Earnings 5,458,640
Total Stockholder Equity (as reported)9,895,033
Total Stockholder Equity (calculated)5,458,640
+/- 4,436,392
Other
Capital Stock1,265,731
Common Stock Shares Outstanding 1,265,731
Net Invested Capital 10,527,361
Net Working Capital 1,572,968
Property Plant and Equipment Gross 2,072,364



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-06-302000-12-312000-06-30
> Total Assets 
705,683
557,603
383,729
379,197
378,600
375,370
358,344
338,416
340,297
340,791
338,912
349,528
356,391
338,981
335,565
327,894
332,727
337,850
319,167
321,098
298,529
304,268
300,040
292,855
292,592
290,237
312,594
285,571
288,582
289,309
238,293
234,665
227,222
226,143
206,669
239,301
226,514
242,323
223,387
240,523
250,043
1,571,362
1,617,153
1,553,602
2,492,841
2,463,270
2,630,036
2,706,605
6,256,314
6,262,893
6,562,172
6,493,897
6,509,024
6,662,590
7,084,861
7,067,798
6,954,466
7,031,698
8,019,393
8,102,302
7,278,579
7,434,497
9,319,544
8,768,613
8,648,051
9,699,864
9,886,028
9,865,287
9,979,487
9,925,056
10,021,115
10,258,158
9,910,562
9,954,863
11,193,216
11,699,531
11,503,190
11,280,821
11,187,230
11,105,623
11,063,068
11,808,063
11,905,752
11,649,734
11,857,962
11,704,147
12,199,555
12,607,831
12,919,680
12,889,933
12,889,93312,919,68012,607,83112,199,55511,704,14711,857,96211,649,73411,905,75211,808,06311,063,06811,105,62311,187,23011,280,82111,503,19011,699,53111,193,2169,954,8639,910,56210,258,15810,021,1159,925,0569,979,4879,865,2879,886,0289,699,8648,648,0518,768,6139,319,5447,434,4977,278,5798,102,3028,019,3937,031,6986,954,4667,067,7987,084,8616,662,5906,509,0246,493,8976,562,1726,262,8936,256,3142,706,6052,630,0362,463,2702,492,8411,553,6021,617,1531,571,362250,043240,523223,387242,323226,514239,301206,669226,143227,222234,665238,293289,309288,582285,571312,594290,237292,592292,855300,040304,268298,529321,098319,167337,850332,727327,894335,565338,981356,391349,528338,912340,791340,297338,416358,344375,370378,600379,197383,729557,603705,683
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,660,231
2,505,740
3,561,935
2,576,526
2,441,230
3,154,554
3,611,871
3,090,834
2,774,026
2,569,492
2,287,252
2,299,822
2,221,495
2,263,951
2,045,207
2,197,770
2,017,488
2,448,005
2,894,522
2,987,788
3,022,373
3,022,3732,987,7882,894,5222,448,0052,017,4882,197,7702,045,2072,263,9512,221,4952,299,8222,287,2522,569,4922,774,0263,090,8343,611,8713,154,5542,441,2302,576,5263,561,9352,505,7402,660,231000000000000000000000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
515,811
1,031,431
1,780,575
716,555
781,524
1,626,133
2,361,232
908,380
1,029,773
808,463
726,943
711,324
947,289
841,664
831,363
1,008,897
990,199
1,167,173
1,676,154
1,819,500
1,871,799
1,871,7991,819,5001,676,1541,167,173990,1991,008,897831,363841,664947,289711,324726,943808,4631,029,773908,3802,361,2321,626,133781,524716,5551,780,5751,031,431515,811000000000000000000000000000000000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,045,000
1,313,181
1,397,943
1,161,821
595,269
504,194
758,271
567,117
1,003,131
791,150
942,566
750,406
883,729
581,526
639,619
432,733
502,472
469,096
387,304
310,866
310,866387,304469,096502,472432,733639,619581,526883,729750,406942,566791,1501,003,131567,117758,271504,194595,2691,161,8211,397,9431,313,1811,045,0000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
348,647
345,628
113,741
99,824
112,934
105,718
84,040
83,190
78,498
84,715
96,534
85,855
106,395
102,681
121,589
97,646
119,479
113,000
115,195
115,687
89,023
100,898
84,527
96,240
92,160
86,611
90,299
93,266
95,352
92,580
78,079
71,433
63,957
60,220
64,898
75,991
68,861
90,599
61,609
69,513
90,730
335,061
153,946
208,679
306,049
342,219
203,800
240,372
367,453
437,879
345,142
402,383
504,742
548,056
498,463
507,340
505,095
508,849
515,179
571,533
505,000
475,068
414,659
172,636
96,705
138,157
250,770
151,468
175,672
261,179
258,653
227,354
227,052
227,209
237,366
340,431
297,452
331,650
275,269
318,428
305,898
307,305
296,046
364,865
329,138
309,446
320,670
462,870
480,242
355,183
355,183480,242462,870320,670309,446329,138364,865296,046307,305305,898318,428275,269331,650297,452340,431237,366227,209227,052227,354258,653261,179175,672151,468250,770138,15796,705172,636414,659475,068505,000571,533515,179508,849505,095507,340498,463548,056504,742402,383345,142437,879367,453240,372203,800342,219306,049208,679153,946335,06190,73069,51361,60990,59968,86175,99164,89860,22063,95771,43378,07992,58095,35293,26690,29986,61192,16096,24084,527100,89889,023115,687115,195113,000119,47997,646121,589102,681106,39585,85596,53484,71578,49883,19084,040105,718112,93499,824113,741345,628348,647
       Inventory 
0
0
50,933
38,819
35,565
36,239
37,441
31,160
26,986
29,938
30,242
32,042
32,642
33,731
34,698
43,043
43,118
51,013
44,919
42,968
43,930
40,120
43,205
40,788
47,689
56,250
64,864
54,466
60,595
61,126
33,829
49,087
37,333
36,895
26,604
38,242
33,557
33,018
36,930
54,913
48,753
57,470
54,048
57,975
50,449
43,177
37,670
39,143
41,530
45,127
50,620
55,102
54,199
46,825
53,119
66,800
52,691
51,490
53,773
56,728
56,099
57,363
52,692
4,817
5,898
6,152
4,385
6,570
6,893
6,694
7,144
8,091
7,674
8,105
4,782
4,404
5,067
5,654
13,803
7,553
12,801
12,956
27,168
21,878
20,489
11,596
18,857
23,206
30,520
37,663
37,66330,52023,20618,85711,59620,48921,87827,16812,95612,8017,55313,8035,6545,0674,4044,7828,1057,6748,0917,1446,6946,8936,5704,3856,1525,8984,81752,69257,36356,09956,72853,77351,49052,69166,80053,11946,82554,19955,10250,62045,12741,53039,14337,67043,17750,44957,97554,04857,47048,75354,91336,93033,01833,55738,24226,60436,89537,33349,08733,82961,12660,59554,46664,86456,25047,68940,78843,20540,12043,93042,96844,91951,01343,11843,04334,69833,73132,64232,04230,24229,93826,98631,16037,44136,23935,56538,81950,93300
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,696,222
7,334,036
7,513,634
8,038,662
8,087,660
8,412,356
8,506,795
8,617,738
8,818,371
8,763,246
9,586,568
9,641,801
9,604,527
9,660,192
9,686,659
9,751,549
9,713,308
9,931,891
9,867,560
9,867,5609,931,8919,713,3089,751,5499,686,6599,660,1929,604,5279,641,8019,586,5688,763,2468,818,3718,617,7388,506,7958,412,3568,087,6608,038,6627,513,6347,334,0366,696,22200000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
126,796
105,439
137,733
152,207
149,274
146,151
143,835
140,710
138,568
137,301
136,194
134,898
133,101
114,605
114,904
112,466
110,194
120,362
104,140
115,165
100,071
110,824
95,276
108,775
91,169
106,376
89,331
99,814
93,792
78,132
89,719
74,820
84,165
70,831
80,684
66,986
75,990
62,487
71,722
58,534
68,316
568,344
640,013
573,043
653,529
597,469
611,791
549,186
610,820
610,130
623,927
568,534
561,297
557,342
551,234
570,613
558,345
567,781
525,354
517,866
510,020
589,996
565,462
52,940
96,034
192,421
349,410
442,079
504,024
584,670
763,381
764,101
777,873
789,219
845,638
909,928
947,551
1,006,426
1,142,717
1,257,464
1,206,713
1,535,153
1,721,765
1,753,966
1,848,181
1,885,328
1,989,347
2,008,435
2,082,232
2,072,364
2,072,3642,082,2322,008,4351,989,3471,885,3281,848,1811,753,9661,721,7651,535,1531,206,7131,257,4641,142,7171,006,426947,551909,928845,638789,219777,873764,101763,381584,670504,024442,079349,410192,42196,03452,940565,462589,996510,020517,866525,354567,781558,345570,613551,234557,342561,297568,534623,927610,130610,820549,186611,791597,469653,529573,043640,013568,34468,31658,53471,72262,48775,99066,98680,68470,83184,16574,82089,71978,13293,79299,81489,331106,37691,169108,77595,276110,824100,071115,165104,140120,362110,194112,466114,904114,605133,101134,898136,194137,301138,568140,710143,835146,151149,274152,207137,733105,439126,796
       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
2,805,081
2,805,081
2,805,081
2,805,549
2,805,549
2,885,137
2,885,137
2,885,447
2,885,447
2,885,447
2,887,856
2,835,078
2,824,839
2,846,903
3,819,816
3,829,952
3,829,952
3,918,087
3,939,856
3,929,039
3,950,236
3,969,004
4,010,073
4,222,691
4,218,904
4,223,616
4,223,616
4,222,622
4,222,622
4,222,622
4,345,913
4,317,491
4,317,496
4,317,496
4,317,496
4,317,496
4,317,496
4,317,496
4,317,496
4,317,4964,317,4964,317,4964,317,4964,317,4964,317,4964,317,4964,317,4914,345,9134,222,6224,222,6224,222,6224,223,6164,223,6164,218,9044,222,6914,010,0733,969,0043,950,2363,929,0393,939,8563,918,0873,829,9523,829,9523,819,8162,846,9032,824,8392,835,0782,887,8562,885,4472,885,4472,885,4472,885,1372,885,1372,805,5492,805,5492,805,0812,805,0812,805,081000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,556,841
1,546,937
683,054
1,313,904
1,418,065
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000001,418,0651,313,904683,0541,546,9371,556,841000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
11,529
8,404
14,231
14,078
14,002
13,925
13,849
14,047
13,969
13,891
13,813
13,735
13,657
13,579
13,501
13,423
13,345
13,267
13,189
13,111
13,033
12,954
12,876
12,548
12,471
12,395
12,318
12,242
12,089
12,012
11,936
11,859
11,783
11,706
11,630
11,553
11,477
11,400
11,324
11,247
11,171
77,510
664
68,010
749
67,155
755
52,459
0
2,913,975
43,108
2,918,267
2,916,779
2,912,461
2,913,546
2,917,517
2,997,581
3,006,683
3,165,579
3,158,612
3,170,867
3,166,729
3,370,251
3,288,401
3,296,087
4,269,354
4,556,523
4,622,917
4,720,771
778,509
1,039,028
1,055,447
982,165
1,058,549
1,213,234
1,189,136
1,179,466
1,143,304
1,048,358
964,083
944,484
913,802
894,891
866,591
838,280
811,477
816,682
786,696
756,335
725,996
725,996756,335786,696816,682811,477838,280866,591894,891913,802944,484964,0831,048,3581,143,3041,179,4661,189,1361,213,2341,058,549982,1651,055,4471,039,028778,5094,720,7714,622,9174,556,5234,269,3543,296,0873,288,4013,370,2513,166,7293,170,8673,158,6123,165,5793,006,6832,997,5812,917,5172,913,5462,912,4612,916,7792,918,26743,1082,913,975052,45975567,15574968,01066477,51011,17111,24711,32411,40011,47711,55311,63011,70611,78311,85911,93612,01212,08912,24212,31812,39512,47112,54812,87612,95413,03313,11113,18913,26713,34513,42313,50113,57913,65713,73513,81313,89113,96914,04713,84913,92514,00214,07814,2318,40411,529
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
179,999
699,575
177,963
265,117
259,406
417,007
1,567,638
251,875
206,170
219,158
208,814
210,483
210,065
215,567
209,517
211,345
209,364
209,364
209,364
209,364209,364209,364211,345209,517215,567210,065210,483208,814219,158206,170251,8751,567,638417,007259,406265,117177,963699,575179,99900000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
704,426
717,708
208,759
196,086
190,145
182,946
156,937
139,004
136,789
133,825
125,478
134,169
138,890
130,009
126,143
120,122
128,272
137,112
124,433
152,320
134,410
117,096
115,278
115,086
116,071
109,431
136,936
115,898
128,530
136,652
104,988
106,726
105,351
107,610
92,207
127,445
122,353
137,996
106,739
128,043
145,533
460,831
491,260
383,291
1,029,146
938,800
1,049,034
1,064,554
2,336,961
2,201,199
2,367,009
2,164,070
2,211,395
2,250,625
2,406,092
2,213,495
2,140,129
2,122,053
2,550,224
2,684,828
1,851,113
1,885,658
1,642,453
180,208
221,723
1,053,966
1,221,151
1,094,821
1,224,259
1,133,390
1,348,177
1,294,030
1,094,336
1,104,318
2,135,121
2,417,773
2,200,870
2,047,405
1,902,521
1,799,942
1,755,205
2,325,371
2,192,752
1,925,696
2,039,278
1,760,170
2,060,507
2,194,094
2,152,803
2,115,228
2,115,2282,152,8032,194,0942,060,5071,760,1702,039,2781,925,6962,192,7522,325,3711,755,2051,799,9421,902,5212,047,4052,200,8702,417,7732,135,1211,104,3181,094,3361,294,0301,348,1771,133,3901,224,2591,094,8211,221,1511,053,966221,723180,2081,642,4531,885,6581,851,1132,684,8282,550,2242,122,0532,140,1292,213,4952,406,0922,250,6252,211,3952,164,0702,367,0092,201,1992,336,9611,064,5541,049,034938,8001,029,146383,291491,260460,831145,533128,043106,739137,996122,353127,44592,207107,610105,351106,726104,988136,652128,530115,898136,936109,431116,071115,086115,278117,096134,410152,320124,433137,112128,272120,122126,143130,009138,890134,169125,478133,825136,789139,004156,937182,946190,145196,086208,759717,708704,426
   > Total Current Liabilities 
704,489
717,708
198,758
186,086
180,145
182,945
156,937
138,404
136,189
133,226
124,878
133,470
138,191
129,308
125,443
119,341
127,492
136,612
124,333
152,221
134,310
111,359
109,694
114,987
115,971
109,331
136,837
115,797
128,430
136,552
104,888
106,626
105,251
107,509
92,107
127,345
122,253
137,896
106,639
127,943
145,433
451,050
481,327
373,684
1,021,820
931,781
1,030,967
1,044,199
919,341
949,462
1,260,336
1,065,612
1,112,575
1,144,208
1,301,160
1,096,881
1,376,340
1,353,075
2,536,367
2,652,437
1,827,190
1,863,045
1,622,794
167,129
209,472
292,559
470,466
344,187
384,259
443,390
644,487
590,340
690,625
718,571
2,074,575
2,214,162
2,010,931
1,835,842
1,713,860
1,438,226
1,517,667
1,861,937
1,692,332
1,422,746
1,464,835
1,088,830
1,393,944
1,495,058
1,465,890
1,449,405
1,449,4051,465,8901,495,0581,393,9441,088,8301,464,8351,422,7461,692,3321,861,9371,517,6671,438,2261,713,8601,835,8422,010,9312,214,1622,074,575718,571690,625590,340644,487443,390384,259344,187470,466292,559209,472167,1291,622,7941,863,0451,827,1902,652,4372,536,3671,353,0751,376,3401,096,8811,301,1601,144,2081,112,5751,065,6121,260,336949,462919,3411,044,1991,030,967931,7811,021,820373,684481,327451,050145,433127,943106,639137,896122,253127,34592,107107,509105,251106,626104,888136,552128,430115,797136,837109,331115,971114,987109,694111,359134,310152,221124,333136,612127,492119,341125,443129,308138,191133,470124,878133,226136,189138,404156,937182,945180,145186,086198,758717,708704,489
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
851,047
1,022,000
923,009
923,003
622,744
450,538
372,401
522,558
522,614
350,412
350,374
0
0
200,174
200,158
200,161
200,161200,158200,17400350,374350,412522,614522,558372,401450,538622,744923,003923,0091,022,000851,04700000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
210,336
205,961
93,259
73,636
67,592
64,717
55,223
51,044
50,917
47,388
37,550
53,387
60,735
60,740
69,591
72,641
83,248
83,029
71,905
84,023
72,101
59,853
66,339
68,548
77,737
70,965
92,413
66,836
88,573
95,974
58,954
64,309
61,349
65,915
64,594
84,293
78,721
94,999
76,058
83,540
103,777
196,987
158,530
128,903
142,802
190,436
219,695
161,889
243,644
287,538
311,773
215,914
220,586
272,998
340,966
304,487
347,890
348,574
395,824
338,839
343,164
433,745
390,146
50,505
73,297
87,454
108,679
122,318
95,764
119,918
70,379
197,861
202,308
173,950
108,249
229,851
77,905
230,333
105,728
351,587
90,244
414,514
284,841
300,713
160,735
381,273
458,110
408,213
109,709
358,904
358,904109,709408,213458,110381,273160,735300,713284,841414,51490,244351,587105,728230,33377,905229,851108,249173,950202,308197,86170,379119,91895,764122,318108,67987,45473,29750,505390,146433,745343,164338,839395,824348,574347,890304,487340,966272,998220,586215,914311,773287,538243,644161,889219,695190,436142,802128,903158,530196,987103,77783,54076,05894,99978,72184,29364,59465,91561,34964,30958,95495,97488,57366,83692,41370,96577,73768,54866,33959,85372,10184,02371,90583,02983,24872,64169,59160,74060,73553,38737,55047,38850,91751,04455,22364,71767,59273,63693,259205,961210,336
       Other Current Liabilities 
173,964
191,558
71,661
61,620
61,723
67,398
57,884
58,530
56,442
57,008
58,498
51,253
48,626
39,738
28,712
16,560
14,104
3,443
7,288
18,058
17,209
16,506
8,355
11,439
6,234
6,366
12,424
16,961
14,857
15,578
15,934
12,317
13,902
11,594
12,513
13,052
13,532
13,897
16,581
15,403
12,656
254,063
322,797
244,781
179,518
156,845
421,272
392,310
575,697
661,924
911,563
812,698
849,989
829,210
910,194
742,393
638,450
614,501
782,555
850,218
577,827
595,901
944,249
116,625
136,175
205,106
361,787
221,869
288,496
245,313
428,170
168,045
168,569
174,730
852,788
791,547
752,579
430,884
626,209
464,686
619,619
669,681
493,133
496,394
634,642
459,128
4,546
590,410
757,544
2,462
2,462757,544590,4104,546459,128634,642496,394493,133669,681619,619464,686626,209430,884752,579791,547852,788174,730168,569168,045428,170245,313288,496221,869361,787205,106136,175116,625944,249595,901577,827850,218782,555614,501638,450742,393910,194829,210849,989812,698911,563661,924575,697392,310421,272156,845179,518244,781322,797254,06312,65615,40316,58113,89713,53213,05212,51311,59413,90212,31715,93415,57814,85716,96112,4246,3666,23411,4398,35516,50617,20918,0587,2883,44314,10416,56028,71239,73848,62651,25358,49857,00856,44258,53057,88467,39861,72361,62071,661191,558173,964
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
703,690
403,711
385,747
60,546
203,610
189,939
211,562
188,661
361,716
237,538
463,434
500,420
502,950
574,443
671,340
666,564
699,035
686,913
665,823
665,823686,913699,035666,564671,340574,443502,950500,420463,434237,538361,716188,661211,562189,939203,61060,546385,747403,711703,69000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
1
0
0
1
0
600
600
599
600
699
699
701
700
781
780
500
100
99
100
5,737
5,584
99
100
100
99
101
100
100
100
100
100
101
100
100
100
100
100
100
100
9,781
9,933
9,607
7,326
7,019
6,818
5,928
705,614
706,873
730,008
14,098
13,711
15,493
21,194
27,188
13,614
12,987
13,858
17,033
8,362
7,883
5,752
0
0
750,000
750,000
750,000
840,000
690,000
690,000
703,690
390,021
385,747
46,856
64,610
37,249
53,062
2,740
3,345
5,435
8,845
21,469
12,577
13,310
13,828
0
34,376
35,149
0
035,14934,376013,82813,31012,57721,4698,8455,4353,3452,74053,06237,24964,61046,856385,747390,021703,690690,000690,000840,000750,000750,000750,000005,7527,8838,36217,03313,85812,98713,61427,18821,19415,49313,71114,098730,008706,873705,6145,9286,8187,0197,3269,6079,9339,78110010010010010010010010110010010010010010199100100995,5845,737100991005007807817007016996996005996006000100100
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
244,350
72,079
96,825
107,581
122,177
45,175
57,592
28,740
23,642
18,896
13,840
10,720
18,128
23,502
22,030
20,141
18,903
0
13,160
0
0
0013,160018,90320,14122,03023,50218,12810,72013,84018,89623,64228,74057,59245,175122,177107,58196,82572,079244,350000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
1,258
0
174,795
177,016
187,980
191,978
201,003
199,028
203,142
206,614
213,092
215,007
217,179
208,658
209,103
207,492
204,190
200,479
194,488
168,527
163,867
186,925
184,518
177,512
176,295
180,556
175,422
169,390
159,781
152,389
133,040
127,681
121,613
118,281
114,288
111,688
103,992
104,164
116,489
112,323
104,353
909,673
915,811
952,919
925,990
977,289
1,028,636
1,073,919
3,319,850
3,441,324
3,543,355
3,659,758
3,605,496
3,718,330
3,813,307
3,955,444
3,834,796
3,928,829
4,225,768
4,396,878
4,340,117
4,431,362
6,473,628
7,720,474
7,582,114
7,804,687
7,851,826
7,940,374
7,887,739
7,927,589
7,777,463
7,956,023
7,878,923
7,925,754
8,038,563
8,230,336
8,296,139
8,364,713
8,417,735
8,534,893
8,558,305
8,741,904
8,926,442
8,939,800
9,019,093
9,146,225
9,277,054
9,551,529
9,836,241
9,895,033
9,895,0339,836,2419,551,5299,277,0549,146,2259,019,0938,939,8008,926,4428,741,9048,558,3058,534,8938,417,7358,364,7138,296,1398,230,3368,038,5637,925,7547,878,9237,956,0237,777,4637,927,5897,887,7397,940,3747,851,8267,804,6877,582,1147,720,4746,473,6284,431,3624,340,1174,396,8784,225,7683,928,8293,834,7963,955,4443,813,3073,718,3303,605,4963,659,7583,543,3553,441,3243,319,8501,073,9191,028,636977,289925,990952,919915,811909,673104,353112,323116,489104,164103,992111,688114,288118,281121,613127,681133,040152,389159,781169,390175,422180,556176,295177,512184,518186,925163,867168,527194,488200,479204,190207,492209,103208,658217,179215,007213,092206,614203,142199,028201,003191,978187,980177,016174,79501,258
   Retained Earnings 
0
0
1,145
60
11,025
15,023
24,048
14,762
18,875
22,348
28,826
25,947
28,119
19,598
20,043
17,807
14,504
10,793
4,802
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
467,389
460,007
497,114
469,407
521,412
543,809
584,896
571,599
716,905
785,212
979,155
924,893
1,045,332
1,144,494
1,286,700
1,166,032
1,259,909
1,472,284
1,643,260
1,587,156
1,679,822
1,887,208
3,146,960
3,083,019
3,315,335
3,420,462
3,509,010
3,492,102
3,585,700
3,664,465
3,545,224
3,468,097
3,560,764
3,864,190
4,055,938
4,124,626
4,193,273
4,246,787
4,411,134
4,432,217
4,616,254
4,677,839
4,727,996
4,810,368
4,935,557
4,864,739
5,347,456
5,399,244
5,458,640
5,458,6405,399,2445,347,4564,864,7394,935,5574,810,3684,727,9964,677,8394,616,2544,432,2174,411,1344,246,7874,193,2734,124,6264,055,9383,864,1903,560,7643,468,0973,545,2243,664,4653,585,7003,492,1023,509,0103,420,4623,315,3353,083,0193,146,9601,887,2081,679,8221,587,1561,643,2601,472,2841,259,9091,166,0321,286,7001,144,4941,045,332924,893979,155785,212716,905571,599584,896543,809521,412469,407497,114460,007467,38900000000000000000000004,80210,79314,50417,80720,04319,59828,11925,94728,82622,34818,87514,76224,04815,02311,025601,14500
   Accumulated Other Comprehensive Income 000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000-38,966000000000000000000000000000000000000000000000000000000000000000000000



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 (+$)
totalRevenue3,539,572
Cost of Revenue-535,055
Gross Profit3,004,5163,004,516
 
Operating Income (+$)
Gross Profit3,004,516
Operating Expense-2,745,883
Operating Income793,689258,633
 
Operating Expense (+$)
Research Development431,300
Selling General Administrative1,464,606
Selling And Marketing Expenses-
Operating Expense2,745,8831,895,906
 
Net Interest Income (+$)
Interest Income6,061
Interest Expense-30,038
Other Finance Cost-28,759
Net Interest Income4,781
 
Pretax Income (+$)
Operating Income793,689
Net Interest Income4,781
Other Non-Operating Income Expenses-
Income Before Tax (EBT)994,640793,689
EBIT - interestExpense = -30,038
821,485
851,523
Interest Expense30,038
Earnings Before Interest and Taxes (EBIT)-1,024,678
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax994,640
Tax Provision-121,554
Net Income From Continuing Ops873,086873,086
Net Income821,485
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--4,781
 

Technical Analysis of Zhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd. The general trend of Zhejiang Daily Media Group 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 Zhejiang Daily Media Group 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 Zhejiang Daily Media Group 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: 12.36 < 12.48 < 13.84.

The bearish price targets are: 10.75 > 10.70 > 10.70.

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Zhejiang Daily Media Group 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 Zhejiang Daily Media Group 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

Zhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd. The current macd is 0.23646102.

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 Zhejiang Daily Media Group 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 Zhejiang Daily Media Group 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 Zhejiang Daily Media Group 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
Zhejiang Daily Media Group Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartZhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd. The current adx is 23.30.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Zhejiang Daily Media Group Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Zhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd. The current sar is 12.45.

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
Zhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd. The current rsi is 49.52. 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
Zhejiang Daily Media Group Co Ltd Daily Relative Strength Index (RSI) ChartZhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 1/6.
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 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 Zhejiang Daily Media Group Co Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Zhejiang Daily Media Group Co Ltd Daily Stochastic Oscillator ChartZhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd. The current cci is -34.62709285.

Zhejiang Daily Media Group Co Ltd Daily Commodity Channel Index (CCI) ChartZhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd. The current cmo is -8.87204721.

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
Zhejiang Daily Media Group Co Ltd Daily Chande Momentum Oscillator (CMO) ChartZhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd. The current willr is -71.34831461.

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 Zhejiang Daily Media Group Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Zhejiang Daily Media Group Co Ltd Daily Williams %R ChartZhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd.

Zhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd. The current atr is 0.58154525.

Zhejiang Daily Media Group Co Ltd Daily Average True Range (ATR) ChartZhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd. The current obv is 1,333,914,624.

Zhejiang Daily Media Group Co Ltd Daily On-Balance Volume (OBV) ChartZhejiang Daily Media Group 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 Zhejiang Daily Media Group Co Ltd. The current mfi is 58.46.

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

  • MFI > 50: +1
Zhejiang Daily Media Group Co Ltd Daily Money Flow Index (MFI) ChartZhejiang Daily Media Group Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Zhejiang Daily Media Group Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Zhejiang Daily Media Group Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.520
Ma 20Greater thanMa 5011.396
Ma 50Greater thanMa 10010.634
Ma 100Greater thanMa 20011.492
OpenGreater thanClose10.810
Total1/5 (20.0%)
Penke

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