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MeiHua Holdings Group Co Ltd
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Quick analysis of MeiHua Holdings Group Co Ltd (30 sec.)










What can you expect buying and holding a share of MeiHua Holdings Group Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.11
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥4.81
Expected worth in 1 year
¥5.18
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
¥1.15
Return On Investment
11.5%

For what price can you sell your share?

Current Price per Share
¥10.06
Expected price per share
¥9.66 - ¥11.05
How sure are you?
50%

1. Valuation of MeiHua Holdings Group Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥10.06

Intrinsic Value Per Share

¥9.15 - ¥17.16

Total Value Per Share

¥13.96 - ¥21.97

2. Growth of MeiHua Holdings Group Co Ltd (5 min.)




Is MeiHua Holdings Group Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$1.9b$1.7b$194.9m10.1%

How much money is MeiHua Holdings Group Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$110m$152.4m-$42.3m-38.5%
Net Profit Margin11.4%15.7%--

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

3. Financial Health of MeiHua Holdings Group Co Ltd (5 min.)




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




  Industry Rankings (Specialty Chemicals)  


Richest
#75 / 565

Most Revenue
#71 / 565

Most Profit
#49 / 565

Most Efficient
#100 / 565

What can you expect buying and holding a share of MeiHua Holdings Group Co Ltd? (5 min.)

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

What can you expect buying and holding a share of MeiHua Holdings Group Co Ltd?

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

Speculation

The Price per Share of MeiHua Holdings Group Co Ltd is ¥10.06. 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 MeiHua Holdings 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 MeiHua Holdings 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 ¥4.81. Based on the TTM, the Book Value Change Per Share is ¥0.09 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.25 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 ¥0.20 per quarter.
Based on historical numbers we can estimate the returns while holding a share of MeiHua Holdings 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 Eps0.050.5%0.030.3%0.050.5%0.030.3%0.020.2%
Usd Book Value Change Per Share0.000.0%0.010.1%0.040.3%0.010.1%0.010.1%
Usd Dividend Per Share0.000.0%0.030.3%0.020.2%0.020.2%0.020.2%
Usd Total Gains Per Share0.000.0%0.040.4%0.050.5%0.030.3%0.030.3%
Usd Price Per Share1.32-1.31-1.41-0.98-0.94-
Price to Earnings Ratio6.89-10.00-7.29-12.06-25.15-
Price-to-Total Gains Ratio3,134.05-838.87-58.78-190.94-116.79-
Price to Book Ratio1.98-2.01-2.51-1.93-2.04-
Price-to-Total Gains Ratio3,134.05-838.87-58.78-190.94-116.79-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.392304
Number of shares718
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.02
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.040.03
Gains per Quarter (718 shares)28.6919.98
Gains per Year (718 shares)114.7779.93
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
17837105483270
2156732209565150
323411033514397230
4312147450190129310
5390183565238162390
6468220680285194470
7547257795333226550
8625294910381259630
97033301025428291710
107813671140476323790

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%79.00.07.091.9%
Book Value Change Per Share1.03.00.025.0%8.04.00.066.7%13.07.00.065.0%28.012.00.070.0%63.023.00.073.3%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%73.00.013.084.9%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%17.03.00.085.0%36.04.00.090.0%76.010.00.088.4%

Fundamentals of MeiHua Holdings Group Co Ltd

About MeiHua Holdings Group Co Ltd

MeiHua Holdings Group Co.,Ltd, a synthetic biology company, provides amino acid nutrition and health solutions in China and internationally. Its products include food additives, including sodium glutamate, natamycin, disodium 5'-ribonucleotide, disodium inosinate, xanthan gum, pullulan, and trehalose; condiments, such as monosodium glutamate (MSG); amino acid for feed comprising valine, L-lysine sulphate and HCL, L-threonine, L-tryptophane, corn gluten meal for feedstuffs, corn husk powder, corn fiber feed, nucleotide slag, and boutique MSG residue. The company also provides pharmaceutical amino acids consisting of L-glutamine, L-leucine, L-isoleucine, L-valine, BCAA, L-proline, inosine, vernine, and adenosine; colloids; enteric, cellulose, gelatin, and pullulan capsules; and fertilizers, which include soil conditioners. In addition, it offers animal nutrition amino acid products, including lysine, threonine, tryptophan, feed grade valine, monosodium glutamate slag, starch attached products, feed fiber, corn germ, bacterial protein, etc.; food taste properties optimization products, such as glutamic acid, sodium glutamate, disodium nucleotide, disodium inosinate, food grade xanthogen, glue, trehalose, natamycin, etc.; human medical amino acids comprising glutamine, proline, leucine, isoleucine, pharmaceutical grade valine, inosine, guanosine, adenosine, pullulan, vitamin B2, etc.; and other products, including petroleum-grade xanthan gum, bio-organic fertilizer, etc. MeiHua Holdings Group Co.,Ltd was founded in 1995 and is headquartered in Langfang, China.

Fundamental data was last updated by Penke on 2024-03-26 20:46:09.

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 less efficient 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 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 underpriced.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of MeiHua Holdings Group Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit MeiHua Holdings Group Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare MeiHua Holdings Group Co Ltd to the Specialty Chemicals industry mean.
  • A Net Profit Margin of 14.1% means that ¥0.14 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of MeiHua Holdings Group Co Ltd:

  • The MRQ is 14.1%. The company is making a huge profit. +2
  • The TTM is 11.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ14.1%TTM11.4%+2.7%
TTM11.4%YOY15.7%-4.3%
TTM11.4%5Y10.0%+1.4%
5Y10.0%10Y8.6%+1.4%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ14.1%4.2%+9.9%
TTM11.4%4.2%+7.2%
YOY15.7%6.4%+9.3%
5Y10.0%6.0%+4.0%
10Y8.6%6.0%+2.6%
1.1.2. Return on Assets

Shows how efficient MeiHua Holdings Group Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare MeiHua Holdings Group Co Ltd to the Specialty Chemicals industry mean.
  • 4.4% Return on Assets means that MeiHua Holdings Group Co Ltd generated ¥0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of MeiHua Holdings Group Co Ltd:

  • The MRQ is 4.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.4%TTM3.3%+1.1%
TTM3.3%YOY4.7%-1.4%
TTM3.3%5Y2.7%+0.6%
5Y2.7%10Y1.9%+0.8%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ4.4%1.1%+3.3%
TTM3.3%1.1%+2.2%
YOY4.7%1.7%+3.0%
5Y2.7%1.6%+1.1%
10Y1.9%1.7%+0.2%
1.1.3. Return on Equity

Shows how efficient MeiHua Holdings Group Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare MeiHua Holdings Group Co Ltd to the Specialty Chemicals industry mean.
  • 7.2% Return on Equity means MeiHua Holdings Group Co Ltd generated ¥0.07 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of MeiHua Holdings Group Co Ltd:

  • The MRQ is 7.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ7.2%TTM5.7%+1.5%
TTM5.7%YOY8.9%-3.2%
TTM5.7%5Y5.2%+0.5%
5Y5.2%10Y3.8%+1.4%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2%2.2%+5.0%
TTM5.7%2.0%+3.7%
YOY8.9%3.2%+5.7%
5Y5.2%2.7%+2.5%
10Y3.8%2.8%+1.0%

1.2. Operating Efficiency of MeiHua Holdings Group Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient MeiHua Holdings Group Co Ltd is operating .

  • Measures how much profit MeiHua Holdings 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 MeiHua Holdings Group Co Ltd to the Specialty Chemicals industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of MeiHua Holdings Group Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM6.1%-6.1%
TTM6.1%YOY18.0%-11.8%
TTM6.1%5Y10.7%-4.6%
5Y10.7%10Y6.0%+4.8%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.5%-7.5%
TTM6.1%4.8%+1.3%
YOY18.0%8.2%+9.8%
5Y10.7%8.1%+2.6%
10Y6.0%7.3%-1.3%
1.2.2. Operating Ratio

Measures how efficient MeiHua Holdings Group Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 1.60 means that the operating costs are ¥1.60 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of MeiHua Holdings Group Co Ltd:

  • The MRQ is 1.601. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.667. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.601TTM1.667-0.066
TTM1.667YOY1.564+0.103
TTM1.6675Y1.670-0.003
5Y1.67010Y1.221+0.449
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6011.529+0.072
TTM1.6671.530+0.137
YOY1.5641.459+0.105
5Y1.6701.462+0.208
10Y1.2211.229-0.008

1.3. Liquidity of MeiHua Holdings Group Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if MeiHua Holdings Group Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 1.46 means the company has ¥1.46 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of MeiHua Holdings Group Co Ltd:

  • The MRQ is 1.456. The company is just able to pay all its short-term debts.
  • The TTM is 1.391. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.456TTM1.391+0.065
TTM1.391YOY1.555-0.164
TTM1.3915Y1.190+0.201
5Y1.19010Y0.631+0.559
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4561.831-0.375
TTM1.3911.875-0.484
YOY1.5551.896-0.341
5Y1.1901.926-0.736
10Y0.6311.762-1.131
1.3.2. Quick Ratio

Measures if MeiHua Holdings 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 MeiHua Holdings Group Co Ltd to the Specialty Chemicals industry mean.
  • A Quick Ratio of 0.12 means the company can pay off ¥0.12 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of MeiHua Holdings Group Co Ltd:

  • The MRQ is 0.125. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.200. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.125TTM0.200-0.076
TTM0.200YOY0.297-0.096
TTM0.2005Y0.178+0.023
5Y0.17810Y0.166+0.011
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1250.846-0.721
TTM0.2000.884-0.684
YOY0.2970.966-0.669
5Y0.1781.049-0.871
10Y0.1661.030-0.864

1.4. Solvency of MeiHua Holdings Group Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of MeiHua Holdings Group Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare MeiHua Holdings Group Co Ltd to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.39 means that MeiHua Holdings Group Co Ltd assets are financed with 38.8% credit (debt) and the remaining percentage (100% - 38.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of MeiHua Holdings Group Co Ltd:

  • The MRQ is 0.388. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.423. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.388TTM0.423-0.035
TTM0.423YOY0.462-0.039
TTM0.4235Y0.482-0.059
5Y0.48210Y0.500-0.018
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3880.431-0.043
TTM0.4230.427-0.004
YOY0.4620.426+0.036
5Y0.4820.433+0.049
10Y0.5000.439+0.061
1.4.2. Debt to Equity Ratio

Measures if MeiHua Holdings Group Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare MeiHua Holdings Group Co Ltd to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 63.5% means that company has ¥0.64 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of MeiHua Holdings Group Co Ltd:

  • The MRQ is 0.635. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.738. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.635TTM0.738-0.103
TTM0.738YOY0.863-0.124
TTM0.7385Y0.956-0.218
5Y0.95610Y1.041-0.086
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6350.767-0.132
TTM0.7380.752-0.014
YOY0.8630.747+0.116
5Y0.9560.797+0.159
10Y1.0410.845+0.196

2. Market Valuation of MeiHua Holdings 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 MeiHua Holdings Group Co Ltd generates.

  • Above 15 is considered overpriced but always compare MeiHua Holdings Group Co Ltd to the Specialty Chemicals industry mean.
  • A PE ratio of 6.89 means the investor is paying ¥6.89 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of MeiHua Holdings Group Co Ltd:

  • The EOD is 7.254. Based on the earnings, the company is cheap. +2
  • The MRQ is 6.887. Based on the earnings, the company is cheap. +2
  • The TTM is 10.001. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD7.254MRQ6.887+0.368
MRQ6.887TTM10.001-3.114
TTM10.001YOY7.289+2.712
TTM10.0015Y12.060-2.059
5Y12.06010Y25.150-13.090
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD7.25415.013-7.759
MRQ6.88713.988-7.101
TTM10.00115.705-5.704
YOY7.28917.841-10.552
5Y12.06019.498-7.438
10Y25.15023.950+1.200
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of MeiHua Holdings Group Co Ltd:

  • The EOD is 395.659. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 375.600. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 69.987. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD395.659MRQ375.600+20.058
MRQ375.600TTM69.987+305.613
TTM69.987YOY-0.427+70.414
TTM69.9875Y6.286+63.702
5Y6.28610Y11.801-5.515
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD395.6595.077+390.582
MRQ375.6004.568+371.032
TTM69.9872.302+67.685
YOY-0.427-0.150-0.277
5Y6.2863.140+3.146
10Y11.8012.653+9.148
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of MeiHua Holdings Group Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 1.98 means the investor is paying ¥1.98 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of MeiHua Holdings Group Co Ltd:

  • The EOD is 2.091. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.985. Based on the equity, the company is underpriced. +1
  • The TTM is 2.013. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.091MRQ1.985+0.106
MRQ1.985TTM2.013-0.028
TTM2.013YOY2.510-0.497
TTM2.0135Y1.926+0.087
5Y1.92610Y2.042-0.116
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD2.0911.713+0.378
MRQ1.9851.781+0.204
TTM2.0131.854+0.159
YOY2.5102.306+0.204
5Y1.9262.351-0.425
10Y2.0422.842-0.800
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of MeiHua Holdings 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---0.0060.092-106%0.254-102%0.081-107%0.052-111%
Book Value Per Share--4.8124.716+2%4.064+18%3.610+33%3.301+46%
Current Ratio--1.4561.391+5%1.555-6%1.190+22%0.631+131%
Debt To Asset Ratio--0.3880.423-8%0.462-16%0.482-19%0.500-22%
Debt To Equity Ratio--0.6350.738-14%0.863-26%0.956-34%1.041-39%
Dividend Per Share--0.0090.196-95%0.115-92%0.120-92%0.145-94%
Eps--0.3470.251+38%0.358-3%0.192+80%0.131+164%
Free Cash Flow Per Share--0.0060.331-98%0.340-98%0.220-97%0.259-98%
Free Cash Flow To Equity Per Share--0.0060.006+6%0.087-93%0.032-80%0.166-96%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--17.161--------
Intrinsic Value_10Y_min--9.148--------
Intrinsic Value_1Y_max--1.271--------
Intrinsic Value_1Y_min--1.022--------
Intrinsic Value_3Y_max--4.160--------
Intrinsic Value_3Y_min--2.997--------
Intrinsic Value_5Y_max--7.462--------
Intrinsic Value_5Y_min--4.877--------
Market Cap29610904673.280+5%28109755430.40027874281039.360+1%31220093740.663-10%21531684594.467+31%20216459810.129+39%
Net Profit Margin--0.1410.114+24%0.157-10%0.100+41%0.086+65%
Operating Margin---0.061-100%0.180-100%0.107-100%0.060-100%
Operating Ratio--1.6011.667-4%1.564+2%1.670-4%1.221+31%
Pb Ratio2.091+5%1.9852.013-1%2.510-21%1.926+3%2.042-3%
Pe Ratio7.254+5%6.88710.001-31%7.289-6%12.060-43%25.150-73%
Price Per Share10.060+5%9.5509.470+1%10.168-6%7.097+35%6.759+41%
Price To Free Cash Flow Ratio395.659+5%375.60069.987+437%-0.427+100%6.286+5876%11.801+3083%
Price To Total Gains Ratio3301.422+5%3134.053838.868+274%58.782+5232%190.943+1541%116.794+2583%
Quick Ratio--0.1250.200-38%0.297-58%0.178-30%0.166-25%
Return On Assets--0.0440.033+33%0.047-7%0.027+62%0.019+128%
Return On Equity--0.0720.057+25%0.089-19%0.052+38%0.038+90%
Total Gains Per Share--0.0030.289-99%0.369-99%0.201-98%0.197-98%
Usd Book Value--1960161250.2121921174330.634+2%1726262000.920+14%1514618838.247+29%1366950182.950+43%
Usd Book Value Change Per Share---0.0010.013-106%0.035-102%0.011-107%0.007-111%
Usd Book Value Per Share--0.6660.653+2%0.562+18%0.500+33%0.457+46%
Usd Dividend Per Share--0.0010.027-95%0.016-92%0.017-92%0.020-94%
Usd Eps--0.0480.035+38%0.050-3%0.027+80%0.018+164%
Usd Free Cash Flow--2589446.920134790479.043-98%145165079.047-98%92464943.664-97%104200155.673-98%
Usd Free Cash Flow Per Share--0.0010.046-98%0.047-98%0.030-97%0.036-98%
Usd Free Cash Flow To Equity Per Share--0.0010.001+6%0.012-93%0.004-80%0.023-96%
Usd Market Cap4098149206.782+5%3890390151.5673857800495.847+1%4320860973.708-10%2979985147.874+31%2797958037.722+39%
Usd Price Per Share1.392+5%1.3221.311+1%1.407-6%0.982+35%0.935+41%
Usd Profit--141228307.026110060859.464+28%152458408.955-7%82410689.671+71%55538621.832+154%
Usd Revenue--1001246607.456960517184.164+4%966625486.840+4%762153003.809+31%576909481.719+74%
Usd Total Gains Per Share--0.0000.040-99%0.051-99%0.028-98%0.027-98%
 EOD+4 -4MRQTTM+22 -13YOY+10 -255Y+19 -1610Y+19 -16

3.2. Fundamental Score

Let's check the fundamental score of MeiHua Holdings Group Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.254
Price to Book Ratio (EOD)Between0-12.091
Net Profit Margin (MRQ)Greater than00.141
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.125
Current Ratio (MRQ)Greater than11.456
Debt to Asset Ratio (MRQ)Less than10.388
Debt to Equity Ratio (MRQ)Less than10.635
Return on Equity (MRQ)Greater than0.150.072
Return on Assets (MRQ)Greater than0.050.044
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of MeiHua Holdings Group Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.947
Ma 20Greater thanMa 5010.523
Ma 50Greater thanMa 10010.375
Ma 100Greater thanMa 2009.924
OpenGreater thanClose10.100
Total4/5 (80.0%)



Reversals in quarterly reports

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

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Selling General Administrative  297,02817,845314,874-307,4207,454606,047613,501-924,002-310,502



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in CNY. All numbers in thousands.

Summary
Total Assets23,157,180
Total Liabilities8,994,165
Total Stockholder Equity14,163,015
 As reported
Total Liabilities 8,994,165
Total Stockholder Equity+ 14,163,015
Total Assets = 23,157,180

Assets

Total Assets23,157,180
Total Current Assets9,507,311
Long-term Assets13,649,869
Total Current Assets
Cash And Cash Equivalents 4,969,794
Short-term Investments 172,377
Net Receivables 641,128
Inventory 2,922,519
Other Current Assets 308,574
Total Current Assets  (as reported)9,507,311
Total Current Assets  (calculated)9,014,392
+/- 492,919
Long-term Assets
Property Plant Equipment 11,600,296
Goodwill 11,789
Intangible Assets 1,075,943
Long-term Assets Other 209,122
Long-term Assets  (as reported)13,649,869
Long-term Assets  (calculated)12,897,150
+/- 752,718

Liabilities & Shareholders' Equity

Total Current Liabilities6,528,739
Long-term Liabilities2,465,426
Total Stockholder Equity14,163,015
Total Current Liabilities
Short Long Term Debt 1,543,869
Accounts payable 2,608,629
Other Current Liabilities 118,689
Total Current Liabilities  (as reported)6,528,739
Total Current Liabilities  (calculated)4,271,187
+/- 2,257,552
Long-term Liabilities
Long term Debt 1,999,963
Capital Lease Obligations Min Short Term Debt2,590
Long-term Liabilities Other 45,889
Long-term Liabilities  (as reported)2,465,426
Long-term Liabilities  (calculated)2,048,442
+/- 416,984
Total Stockholder Equity
Retained Earnings 9,427,722
Total Stockholder Equity (as reported)14,163,015
Total Stockholder Equity (calculated)9,427,722
+/- 4,735,293
Other
Capital Stock2,943,426
Common Stock Shares Outstanding 2,943,426
Net Invested Capital 17,706,847
Net Working Capital 2,978,572
Property Plant and Equipment Gross 11,600,296



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-06-302000-12-312000-06-30
> Total Assets 
429,615
438,847
434,809
415,014
404,715
395,443
413,531
433,502
400,192
377,715
376,697
550,983
552,793
571,162
581,035
584,617
605,635
589,761
640,043
671,026
738,171
708,009
721,494
712,937
731,640
772,014
782,269
834,627
853,227
849,510
857,422
823,370
944,055
1,003,932
1,116,958
1,032,525
1,119,796
1,054,662
986,065
9,402,260
9,714,939
11,784,031
11,832,774
13,840,836
13,567,673
14,317,402
15,370,168
17,098,315
21,000,303
19,306,413
18,468,767
18,713,590
19,698,447
19,344,271
19,717,136
20,601,673
21,901,838
19,317,514
18,645,139
18,169,497
17,416,580
17,326,052
16,623,433
16,983,012
16,809,158
16,864,534
17,637,529
17,101,915
17,740,410
19,127,619
18,266,252
19,065,029
18,996,600
18,597,287
18,852,617
19,317,701
18,764,401
18,330,765
18,901,211
18,993,308
19,278,566
19,880,931
19,780,106
20,921,201
22,373,435
23,716,680
22,216,808
24,490,222
24,527,016
24,393,257
24,233,638
23,157,180
23,157,18024,233,63824,393,25724,527,01624,490,22222,216,80823,716,68022,373,43520,921,20119,780,10619,880,93119,278,56618,993,30818,901,21118,330,76518,764,40119,317,70118,852,61718,597,28718,996,60019,065,02918,266,25219,127,61917,740,41017,101,91517,637,52916,864,53416,809,15816,983,01216,623,43317,326,05217,416,58018,169,49718,645,13919,317,51421,901,83820,601,67319,717,13619,344,27119,698,44718,713,59018,468,76719,306,41321,000,30317,098,31515,370,16814,317,40213,567,67313,840,83611,832,77411,784,0319,714,9399,402,260986,0651,054,6621,119,7961,032,5251,116,9581,003,932944,055823,370857,422849,510853,227834,627782,269772,014731,640712,937721,494708,009738,171671,026640,043589,761605,635584,617581,035571,162552,793550,983376,697377,715400,192433,502413,531395,443404,715415,014434,809438,847429,615
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,695,152
5,094,948
5,166,506
4,992,731
5,283,248
5,422,418
5,057,951
4,635,666
5,255,247
5,551,767
6,139,451
6,558,104
6,334,611
7,577,356
9,215,528
10,663,949
8,798,777
9,912,583
10,032,512
8,840,203
9,434,691
9,507,311
9,507,3119,434,6918,840,20310,032,5129,912,5838,798,77710,663,9499,215,5287,577,3566,334,6116,558,1046,139,4515,551,7675,255,2474,635,6665,057,9515,422,4185,283,2484,992,7315,166,5065,094,9484,695,1520000000000000000000000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,930,336
1,912,598
1,595,860
1,598,016
2,095,772
2,218,021
1,929,769
1,754,771
1,904,176
1,571,825
933,339
2,107,374
2,758,431
3,396,202
3,069,033
4,643,911
3,372,690
4,333,601
3,450,756
3,313,418
5,413,045
4,969,794
4,969,7945,413,0453,313,4183,450,7564,333,6013,372,6904,643,9113,069,0333,396,2022,758,4312,107,374933,3391,571,8251,904,1761,754,7711,929,7692,218,0212,095,7721,598,0161,595,8601,912,5981,930,3360000000000000000000000000000000000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
119,950
1,205
7,130
30,842
10,000
0
0
0
0
310,209
134,720
233,309
0
752,849
1,246,165
1,579,101
175,624
741,198
746,366
480,555
172,377
172,377480,555746,366741,198175,6241,579,1011,246,165752,8490233,309134,720310,209000010,00030,8427,1301,205119,95000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
44,223
20,792
66,580
20,791
25,568
25,935
26,220
21,055
20,948
19,992
21,293
87,002
75,058
131,761
138,490
123,133
112,467
137,269
128,490
113,064
164,591
134,997
100,618
124,283
167,789
172,183
181,513
130,882
191,772
151,184
151,334
121,046
185,731
175,275
205,525
178,318
262,332
275,450
218,686
289,355
337,679
478,736
481,195
350,916
470,167
465,179
492,820
680,557
687,956
705,768
554,380
768,038
957,063
1,133,993
1,155,491
971,253
1,086,977
920,216
949,972
1,277,166
1,323,254
1,391,400
1,361,385
1,092,624
805,633
680,545
683,558
727,491
721,146
675,396
729,698
666,877
508,518
507,362
482,979
607,537
744,501
629,671
701,509
523,687
841,242
761,954
708,611
927,203
970,052
986,671
589,340
970,446
515,781
1,277,409
813,758
641,128
641,128813,7581,277,409515,781970,446589,340986,671970,052927,203708,611761,954841,242523,687701,509629,671744,501607,537482,979507,362508,518666,877729,698675,396721,146727,491683,558680,545805,6331,092,6241,361,3851,391,4001,323,2541,277,166949,972920,2161,086,977971,2531,155,4911,133,993957,063768,038554,380705,768687,956680,557492,820465,179470,167350,916481,195478,736337,679289,355218,686275,450262,332178,318205,525175,275185,731121,046151,334151,184191,772130,882181,513172,183167,789124,283100,618134,997164,591113,064128,490137,269112,467123,133138,490131,76175,05887,00221,29319,99220,94821,05526,22025,93525,56820,79166,58020,79244,223
       Other Current Assets 
1,789
1,027
1,014
1,046
1,062
970
858
379
461
613
846
3,732
1,350
3,601
3,043
14,259
10,606
8,551
26,334
26,643
17,570
36,960
27,325
29,481
34,608
32,523
35,674
21,325
24,588
41,430
41,128
11,598
57,320
40,777
38,604
67,685
57,060
37,539
48,055
1,150,340
1,629,420
1,538,761
1,657,310
1,826,380
1,916,871
2,378,338
2,029,357
819,037
1,156,425
1,348,400
626,124
1,174,027
1,315,532
1,293,899
1,468,978
1,662,145
1,600,862
1,119,461
947,412
812,718
1,088,362
538,186
655,317
262,262
361,038
534,109
697,582
715,438
934,988
660,619
1,138,316
490,175
793,044
614,243
567,050
438,418
476,224
595,078
1,152,638
1,224,901
1,203,347
669,428
697,054
287,486
870,663
349,162
569,435
347,326
273,535
220,678
459,252
308,574
308,574459,252220,678273,535347,326569,435349,162870,663287,486697,054669,4281,203,3471,224,9011,152,638595,078476,224438,418567,050614,243793,044490,1751,138,316660,619934,988715,438697,582534,109361,038262,262655,317538,1861,088,362812,718947,4121,119,4611,600,8621,662,1451,468,9781,293,8991,315,5321,174,027626,1241,348,4001,156,425819,0372,029,3572,378,3381,916,8711,826,3801,657,3101,538,7611,629,4201,150,34048,05537,53957,06067,68538,60440,77757,32011,59841,12841,43024,58821,32535,67432,52334,60829,48127,32536,96017,57026,64326,3348,55110,60614,2593,0433,6011,3503,7328466134613798589701,0621,0461,0141,0271,789
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,830,094
13,604,556
13,569,370
13,895,284
13,706,450
13,695,098
13,645,963
13,441,541
13,139,115
13,322,827
13,445,495
13,343,845
13,157,907
13,052,731
13,418,031
14,577,639
14,494,504
15,553,054
14,798,947
13,649,869
13,649,86914,798,94715,553,05414,494,50414,577,63913,418,03113,052,73113,157,90713,343,84513,445,49513,322,82713,139,11513,441,54113,645,96313,695,09813,706,45013,895,28413,569,37013,604,55613,830,094000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
233,994
228,442
226,868
234,210
240,440
248,518
248,737
233,123
231,206
246,921
244,399
208,773
207,860
209,097
214,803
219,138
219,061
262,475
217,442
266,875
228,674
281,190
240,775
223,189
171,974
219,193
174,490
221,346
165,526
191,915
164,209
195,988
154,916
177,876
138,321
172,234
154,368
177,544
153,024
5,979,137
5,508,833
6,906,166
6,700,449
8,372,253
7,874,462
9,287,014
9,634,812
13,176,766
12,667,259
13,501,567
12,799,708
13,200,523
12,425,042
12,633,722
12,753,008
12,849,220
12,821,107
12,419,745
12,191,939
11,717,755
11,532,734
11,269,342
11,093,107
11,043,921
10,800,712
10,740,573
10,710,263
10,643,795
10,442,050
10,592,235
10,933,915
11,702,771
11,566,146
11,375,442
11,383,057
11,484,076
11,393,300
11,459,768
11,467,677
11,297,901
11,004,015
11,036,860
11,347,847
11,066,472
10,849,366
10,626,510
10,896,612
11,669,769
11,658,991
11,725,480
11,794,795
11,600,296
11,600,29611,794,79511,725,48011,658,99111,669,76910,896,61210,626,51010,849,36611,066,47211,347,84711,036,86011,004,01511,297,90111,467,67711,459,76811,393,30011,484,07611,383,05711,375,44211,566,14611,702,77110,933,91510,592,23510,442,05010,643,79510,710,26310,740,57310,800,71211,043,92111,093,10711,269,34211,532,73411,717,75512,191,93912,419,74512,821,10712,849,22012,753,00812,633,72212,425,04213,200,52312,799,70813,501,56712,667,25913,176,7669,634,8129,287,0147,874,4628,372,2536,700,4496,906,1665,508,8335,979,137153,024177,544154,368172,234138,321177,876154,916195,988164,209191,915165,526221,346174,490219,193171,974223,189240,775281,190228,674266,875217,442262,475219,061219,138214,803209,097207,860208,773244,399246,921231,206233,123248,737248,518240,440234,210226,868228,442233,994
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,789
275,847
407,780
433,525
433,525
433,525
433,525
143,174
143,174
143,174
143,174
143,174
143,174
143,174
143,174
143,174
143,174
143,174
143,174
143,174
143,174
143,174
143,174
117,214
117,214
117,214
117,214
117,214
117,214
117,214
117,214
11,789
11,789
11,789
11,789
11,789
11,789
11,789
11,789
11,789
11,78911,78911,78911,78911,78911,78911,78911,78911,789117,214117,214117,214117,214117,214117,214117,214117,214143,174143,174143,174143,174143,174143,174143,174143,174143,174143,174143,174143,174143,174143,174143,174143,174433,525433,525433,525433,525407,780275,84711,7890000000000000000000000000000000000000000000000000000
       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
0
692,939
690,432
690,509
576,205
577,240
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000577,240576,205690,509690,432692,9390000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
31,789
39,239
38,723
38,212
38,022
44,454
40,950
43,364
43,474
43,197
42,927
47,850
47,560
47,241
47,581
47,180
46,873
1,798
46,274
1,725
45,648
1,599
45,070
1,660
57,597
1,353
57,686
1,353
60,542
2,882
49,738
2,810
47,541
1,243
46,389
522
46,432
451
46,039
14,825
774,196
14,622
820,011
15,388
826,402
14,373
819,909
16,068
812,268
14,882
801,762
12,826
723,637
1,146,183
1,280,867
1,299,025
1,342,072
1,332,596
1,323,685
902,333
891,278
883,048
874,817
926,697
918,123
909,595
975,421
967,047
1,214,024
1,391,879
1,236,693
1,224,108
1,212,279
61,048
1,232,618
1,221,333
1,211,812
1,202,304
1,191,973
1,182,579
1,173,244
1,163,919
1,154,619
1,139,613
1,136,017
1,126,663
1,118,296
1,109,406
1,100,626
1,094,338
1,084,827
1,075,943
1,075,9431,084,8271,094,3381,100,6261,109,4061,118,2961,126,6631,136,0171,139,6131,154,6191,163,9191,173,2441,182,5791,191,9731,202,3041,211,8121,221,3331,232,61861,0481,212,2791,224,1081,236,6931,391,8791,214,024967,047975,421909,595918,123926,697874,817883,048891,278902,3331,323,6851,332,5961,342,0721,299,0251,280,8671,146,183723,63712,826801,76214,882812,26816,068819,90914,373826,40215,388820,01114,622774,19614,82546,03945146,43252246,3891,24347,5412,81049,7382,88260,5421,35357,6861,35357,5971,66045,0701,59945,6481,72546,2741,79846,87347,18047,58147,24147,56047,85042,92743,19743,47443,36440,95044,45438,02238,21238,72339,23931,789
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
83,632
153,215
75,800
297,740
215,065
153,016
90,765
52,612
64,014
242,623
47,986
134,078
149,081
302,931
386,568
272,281
209,032
238,259
180,170
209,122
209,122180,170238,259209,032272,281386,568302,931149,081134,07847,986242,62364,01452,61290,765153,016215,065297,74075,800153,21583,632000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
172,958
180,526
182,714
200,509
199,052
195,694
217,440
237,481
206,065
191,706
192,924
367,551
365,300
367,948
374,877
387,815
406,448
388,672
437,888
458,685
523,330
493,096
503,004
491,232
494,484
532,923
537,926
581,957
595,816
592,653
596,587
560,675
677,973
729,165
837,554
750,879
829,431
764,323
690,409
4,473,366
4,582,778
6,966,677
6,906,966
8,696,558
8,272,802
8,891,749
10,100,863
11,617,028
12,920,480
11,462,826
10,570,521
10,686,481
11,596,233
11,495,576
11,570,909
12,219,657
13,332,421
10,854,243
10,130,918
9,609,987
8,631,268
8,663,159
7,714,277
7,686,184
7,163,628
7,867,518
8,561,880
7,741,518
8,126,588
10,322,961
9,178,965
9,692,395
9,291,559
9,595,670
9,734,336
10,101,166
9,352,010
9,317,142
9,682,340
9,676,758
9,532,197
10,452,149
10,121,381
10,299,667
10,531,409
11,717,861
9,681,821
10,974,089
11,599,503
10,139,001
10,053,152
8,994,165
8,994,16510,053,15210,139,00111,599,50310,974,0899,681,82111,717,86110,531,40910,299,66710,121,38110,452,1499,532,1979,676,7589,682,3409,317,1429,352,01010,101,1669,734,3369,595,6709,291,5599,692,3959,178,96510,322,9618,126,5887,741,5188,561,8807,867,5187,163,6287,686,1847,714,2778,663,1598,631,2689,609,98710,130,91810,854,24313,332,42112,219,65711,570,90911,495,57611,596,23310,686,48110,570,52111,462,82612,920,48011,617,02810,100,8638,891,7498,272,8028,696,5586,906,9666,966,6774,582,7784,473,366690,409764,323829,431750,879837,554729,165677,973560,675596,587592,653595,816581,957537,926532,923494,484491,232503,004493,096523,330458,685437,888388,672406,448387,815374,877367,948365,300367,551192,924191,706206,065237,481217,440195,694199,052200,509182,714180,526172,958
   > Total Current Liabilities 
111,151
104,558
98,856
129,916
128,425
125,055
131,803
161,798
140,365
125,953
106,718
307,269
288,665
337,596
330,724
357,815
376,408
358,631
407,858
457,247
508,091
475,973
473,005
461,232
464,483
495,923
503,726
541,256
559,316
562,653
578,587
533,630
607,644
660,166
771,508
682,984
737,535
670,808
612,513
3,153,366
3,262,778
4,134,090
4,054,257
5,348,046
4,982,261
4,712,456
6,097,269
8,277,437
9,672,837
8,520,941
7,618,910
8,729,648
9,349,392
9,104,939
9,137,649
11,277,984
12,198,956
9,838,978
7,628,392
6,443,259
5,464,065
5,495,481
4,545,195
4,586,789
4,063,879
4,468,176
5,162,347
4,292,573
4,448,503
7,229,217
5,880,162
7,995,977
7,617,965
7,759,050
6,625,637
5,457,239
4,684,519
4,933,755
5,437,276
5,228,778
4,782,293
5,946,753
5,710,809
5,585,733
5,727,020
6,969,186
5,516,210
6,672,428
7,683,430
6,285,413
6,754,971
6,528,739
6,528,7396,754,9716,285,4137,683,4306,672,4285,516,2106,969,1865,727,0205,585,7335,710,8095,946,7534,782,2935,228,7785,437,2764,933,7554,684,5195,457,2396,625,6377,759,0507,617,9657,995,9775,880,1627,229,2174,448,5034,292,5735,162,3474,468,1764,063,8794,586,7894,545,1955,495,4815,464,0656,443,2597,628,3929,838,97812,198,95611,277,9849,137,6499,104,9399,349,3928,729,6487,618,9108,520,9419,672,8378,277,4376,097,2694,712,4564,982,2615,348,0464,054,2574,134,0903,262,7783,153,366612,513670,808737,535682,984771,508660,166607,644533,630578,587562,653559,316541,256503,726495,923464,483461,232473,005475,973508,091457,247407,858358,631376,408357,815330,724337,596288,665307,269106,718125,953140,365161,798131,803125,055128,425129,91698,856104,558111,151
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,899,742
3,518,205
3,129,694
2,546,721
2,112,261
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000002,112,2612,546,7213,129,6943,518,2051,899,74200000000000000000000000000000000000000000000000000000000000000000000000
       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
1,899,742
3,518,205
3,129,694
2,546,721
2,112,261
1,854,903
1,603,934
1,623,048
1,239,894
1,334,376
1,344,812
1,109,456
704,079
605,720
652,562
664,409
1,070,499
1,324,463
1,463,437
1,758,531
1,543,869
1,543,8691,758,5311,463,4371,324,4631,070,499664,409652,562605,720704,0791,109,4561,344,8121,334,3761,239,8941,623,0481,603,9341,854,9032,112,2612,546,7213,129,6943,518,2051,899,74200000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
2,587
2,026
1,802
1,545
1,543
1,537
1,422
539
490
462
463
47,382
63,565
66,136
69,246
66,463
59,834
55,013
77,019
61,172
92,176
75,792
79,846
103,111
85,796
77,782
82,023
115,377
120,647
140,583
114,969
125,626
148,563
195,153
155,214
162,207
155,960
165,110
154,891
1,082,918
741,774
1,128,223
1,073,645
1,002,287
1,000,695
1,138,699
1,568,691
2,142,365
1,834,562
1,957,322
1,609,385
1,123,542
873,483
988,661
897,540
910,950
1,081,572
405,757
910,103
543,389
735,661
508,377
937,930
297,829
568,337
472,731
702,969
387,796
617,547
490,317
1,191,987
630,531
1,345,451
1,191,517
1,103,780
1,000,917
1,321,295
869,419
1,292,953
1,042,913
1,276,474
843,311
1,386,744
1,198,024
2,037,165
2,011,624
2,262,387
2,208,553
2,700,876
1,792,286
2,527,851
2,608,629
2,608,6292,527,8511,792,2862,700,8762,208,5532,262,3872,011,6242,037,1651,198,0241,386,744843,3111,276,4741,042,9131,292,953869,4191,321,2951,000,9171,103,7801,191,5171,345,451630,5311,191,987490,317617,547387,796702,969472,731568,337297,829937,930508,377735,661543,389910,103405,7571,081,572910,950897,540988,661873,4831,123,5421,609,3851,957,3221,834,5622,142,3651,568,6911,138,6991,000,6951,002,2871,073,6451,128,223741,7741,082,918154,891165,110155,960162,207155,214195,153148,563125,626114,969140,583120,647115,37782,02377,78285,796103,11179,84675,79292,17661,17277,01955,01359,83466,46369,24666,13663,56547,3824634624905391,4221,5371,5431,5451,8022,0262,587
       Other Current Liabilities 
27,564
35,532
28,054
22,371
17,882
18,518
25,381
24,099
17,715
18,331
19,095
82,330
46,969
64,103
61,814
100,002
90,384
74,828
83,049
150,585
130,425
139,291
102,599
78,951
105,517
112,641
131,903
141,079
131,269
143,170
193,518
238,004
253,281
219,213
333,844
301,327
343,675
240,798
214,922
116,823
109,064
151,001
302,589
85,756
0
4,572
336,448
2,558,233
2,668,403
2,998,191
2,801,707
2,393,060
1,208,048
1,060,378
1,414,376
1,450,169
3,652,952
1,667,696
1,072,205
1,400,067
868,526
1,141,969
1,094,598
1,234,105
903,230
1,172,036
1,077,686
1,136,283
827,195
2,232,022
1,176,546
1,728,580
1,899,022
1,602,202
1,707,716
1,770,123
1,012,108
1,253,032
1,418,414
1,772,640
1,401,131
2,665,482
2,176,503
2,208,821
2,087,462
3,197,074
2,275,327
2,467,626
253,067
2,268,518
1,921,866
118,689
118,6891,921,8662,268,518253,0672,467,6262,275,3273,197,0742,087,4622,208,8212,176,5032,665,4821,401,1311,772,6401,418,4141,253,0321,012,1081,770,1231,707,7161,602,2021,899,0221,728,5801,176,5462,232,022827,1951,136,2831,077,6861,172,036903,2301,234,1051,094,5981,141,969868,5261,400,0671,072,2051,667,6963,652,9521,450,1691,414,3761,060,3781,208,0482,393,0602,801,7072,998,1912,668,4032,558,233336,4484,572085,756302,589151,001109,064116,823214,922240,798343,675301,327333,844219,213253,281238,004193,518143,170131,269141,079131,903112,641105,51778,951102,599139,291130,425150,58583,04974,82890,384100,00261,81464,10346,96982,33019,09518,33117,71524,09925,38118,51817,88222,37128,05435,53227,564
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,673,594
1,836,620
3,108,698
4,643,927
4,667,491
4,383,386
4,245,065
4,447,980
4,749,904
4,505,397
4,410,572
4,713,934
4,804,389
4,748,676
4,165,611
4,301,662
3,916,073
3,853,588
3,298,181
2,465,426
2,465,4263,298,1813,853,5883,916,0734,301,6624,165,6114,748,6764,804,3894,713,9344,410,5724,505,3974,749,9044,447,9804,245,0654,383,3864,667,4914,643,9273,108,6981,836,6201,673,594000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
858
593
627
639
637
683
700
753
1,206
352
48
352
353
0
40
41
30
1,438
1,439
123
0
0
1
0
0
1
0
0
0
0
20,000
19,999
20,000
21,849
21,850
21,850
21,850
0
0
0
1
38,200
36,349
34,499
52,131
54,555
54,207
53,859
62,089
63,016
63,768
63,579
67,426
65,578
65,183
64,538
66,051
164,053
163,533
163,013
163,408
92,650
91,955
90,499
89,627
137,951
385,995
532,404
527,305
490,033
485,854
499,332
555,396
553,724
546,694
549,570
542,292
526,093
513,920
501,740
490,163
515,563
504,336
518,986
509,361
620,631
0
0
585,946
0
0585,94600620,631509,361518,986504,336515,563490,163501,740513,920526,093542,292549,570546,694553,724555,396499,332485,854490,033527,305532,404385,995137,95189,62790,49991,95592,650163,408163,013163,533164,05366,05164,53865,18365,57867,42663,57963,76863,01662,08953,85954,20754,55552,13134,49936,34938,200100021,85021,85021,85021,84920,00019,99920,00000001001001231,4391,4383041400353352483521,20675370068363763962759385800
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26,432
24,833
22,795
21,671
30,616
30,969
31,208
34,469
42,213
42,206
43,182
52,136
59,777
60,922
77,726
61,589
81,830
93,610
0
0
106,167
0
0106,1670093,61081,83061,58977,72660,92259,77752,13643,18242,20642,21334,46931,20830,96930,61621,67122,79524,83326,4320000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
256,658
258,321
252,095
214,505
205,663
199,748
196,091
196,021
194,127
186,009
183,773
169,136
172,364
176,503
178,117
178,503
180,049
181,831
182,453
184,688
186,250
185,584
188,190
190,552
204,437
204,950
209,224
216,939
220,809
219,616
222,428
222,305
224,797
231,830
235,748
236,047
243,414
242,261
246,849
4,928,894
5,132,161
4,817,354
4,925,808
5,144,278
5,294,872
5,425,653
5,269,305
5,481,287
8,079,823
7,843,587
7,898,246
8,027,109
8,102,215
7,848,695
7,987,544
8,216,552
8,397,853
8,239,396
8,284,876
8,333,152
8,554,896
8,426,425
8,686,856
9,064,019
9,405,425
8,751,994
8,826,878
9,105,158
9,353,083
8,549,100
8,829,092
9,110,289
9,438,175
8,756,735
8,883,066
8,979,234
9,172,081
8,765,556
8,965,480
9,085,946
9,509,237
9,183,729
9,442,429
10,621,533
11,842,026
11,998,819
12,534,988
13,516,133
12,927,513
14,254,256
14,180,486
14,163,015
14,163,01514,180,48614,254,25612,927,51313,516,13312,534,98811,998,81911,842,02610,621,5339,442,4299,183,7299,509,2379,085,9468,965,4808,765,5569,172,0818,979,2348,883,0668,756,7359,438,1759,110,2898,829,0928,549,1009,353,0839,105,1588,826,8788,751,9949,405,4259,064,0198,686,8568,426,4258,554,8968,333,1528,284,8768,239,3968,397,8538,216,5527,987,5447,848,6958,102,2158,027,1097,898,2467,843,5878,079,8235,481,2875,269,3055,425,6535,294,8725,144,2784,925,8084,817,3545,132,1614,928,894246,849242,261243,414236,047235,748231,830224,797222,305222,428219,616220,809216,939209,224204,950204,437190,552188,190185,584186,250184,688182,453181,831180,049178,503178,117176,503172,364169,136183,773186,009194,127196,021196,091199,748205,663214,505252,095258,321256,658
   Common Stock
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
108,237
1,008,237
1,008,237
1,008,237
1,008,237
2,708,237
2,708,237
2,708,237
2,708,237
2,708,237
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,227
3,108,175
3,108,175
3,108,175
3,108,175
3,104,290
3,104,290
3,104,290
3,100,022
3,100,022
3,100,022
3,100,022
3,100,022
3,098,620
3,098,620
3,098,620
3,098,620
3,042,465
3,042,465
0
0
2,943,426
0
02,943,426003,042,4653,042,4653,098,6203,098,6203,098,6203,098,6203,100,0223,100,0223,100,0223,100,0223,100,0223,104,2903,104,2903,104,2903,108,1753,108,1753,108,1753,108,1753,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2273,108,2272,708,2372,708,2372,708,2372,708,2372,708,2371,008,2371,008,2371,008,2371,008,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237108,237
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000-73,449-85,128-200,000-200,0000000000000000000000000000000000000000000000000000000000000000000000
   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
0
0
0
0
0
0
0
0
0
0
2,501
2,501
2,882
2,882
3,475
3,475
2,727
2,727
222,242
222,629
196,205
196,575
543,133
0
0
832,577
0
0832,57700543,133196,575196,205222,629222,2422,7272,7273,4753,4752,8822,8822,5012,501000000000000000000000000000000000000000000000000000000000000000000000000000



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 (+$)
totalRevenue27,760,612
Cost of Revenue-22,297,122
Gross Profit5,463,4905,463,490
 
Operating Income (+$)
Gross Profit5,463,490
Operating Expense-23,943,589
Operating Income3,817,024-18,480,098
 
Operating Expense (+$)
Research Development314,223
Selling General Administrative625,326
Selling And Marketing Expenses0
Operating Expense23,943,589939,549
 
Net Interest Income (+$)
Interest Income118,866
Interest Expense-115,220
Other Finance Cost-11,333
Net Interest Income-7,688
 
Pretax Income (+$)
Operating Income3,817,024
Net Interest Income-7,688
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,723,1363,817,024
EBIT - interestExpense = -115,220
3,180,950
3,296,170
Interest Expense115,220
Earnings Before Interest and Taxes (EBIT)03,838,356
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax3,723,136
Tax Provision-542,186
Net Income From Continuing Ops3,180,9503,180,950
Net Income3,180,950
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net07,688
 

Technical Analysis of MeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The general trend of MeiHua Holdings Group Co Ltd is BULLISH with 57.1% 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 MeiHua Holdings 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 (57.1%) Bearish trend (-57.1%)
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 MeiHua Holdings Group 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: 10.40 < 10.99 < 11.05.

The bearish price targets are: 9.82 > 9.78 > 9.66.

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MeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-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 higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

MeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The current macd is -0.07775308.

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 MeiHua Holdings Group 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 MeiHua Holdings Group 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 MeiHua Holdings Group 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
MeiHua Holdings Group Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The current adx is 16.13.

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 MeiHua Holdings Group 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
MeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The current sar is 10.52.

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
MeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The current rsi is 37.95. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
MeiHua Holdings Group Co Ltd Daily Relative Strength Index (RSI) ChartMeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The current phase is Oversold in bull 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 MeiHua Holdings Group Co Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
MeiHua Holdings Group Co Ltd Daily Stochastic Oscillator ChartMeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The current cci is -145.09117897.

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
MeiHua Holdings Group Co Ltd Daily Commodity Channel Index (CCI) ChartMeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The current cmo is -37.16746544.

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
MeiHua Holdings Group Co Ltd Daily Chande Momentum Oscillator (CMO) ChartMeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The current willr is -95.87628866.

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
MeiHua Holdings Group Co Ltd Daily Williams %R ChartMeiHua Holdings 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 MeiHua Holdings Group Co Ltd.

MeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The current atr is 0.2444591.

MeiHua Holdings Group Co Ltd Daily Average True Range (ATR) ChartMeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The current obv is 193,362,168.

MeiHua Holdings Group Co Ltd Daily On-Balance Volume (OBV) ChartMeiHua Holdings 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 MeiHua Holdings Group Co Ltd. The current mfi is 24.55.

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
MeiHua Holdings Group Co Ltd Daily Money Flow Index (MFI) ChartMeiHua Holdings Group Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for MeiHua Holdings 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
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23STOCH 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).
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18MACD 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-17RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-22MACD 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06SAR 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).
2024-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15DMI 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
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

MeiHua Holdings Group Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of MeiHua Holdings Group Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.947
Ma 20Greater thanMa 5010.523
Ma 50Greater thanMa 10010.375
Ma 100Greater thanMa 2009.924
OpenGreater thanClose10.100
Total4/5 (80.0%)
Penke

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