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Zhejiang Hangmin Co Ltd
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PenkeI guess you are interested in Zhejiang Hangmin 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 Hangmin 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 Hangmin Co Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
¥0.09
When do you have the money?
1 year
How often do you get paid?
97.5%

What is your share worth?

Current worth
¥6.31
Expected worth in 1 year
¥6.70
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
¥1.02
Return On Investment
14.2%

For what price can you sell your share?

Current Price per Share
¥7.13
Expected price per share
¥6.5168862385321 - ¥7.22
How sure are you?
50%

1. Valuation of Zhejiang Hangmin Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥7.13

Intrinsic Value Per Share

¥2.18 - ¥5.36

Total Value Per Share

¥8.49 - ¥11.67

2. Growth of Zhejiang Hangmin Co Ltd (5 min.)




Is Zhejiang Hangmin Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$917.5m$847m$56m6.2%

How much money is Zhejiang Hangmin Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$23m$23.8m-$873k-3.8%
Net Profit Margin7.2%7.0%--

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

3. Financial Health of Zhejiang Hangmin Co Ltd (5 min.)




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




  Industry Rankings (Textile Manufacturing)  


Richest
#19 / 299

Most Revenue
#37 / 299

Most Profit
#26 / 299

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

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

What can you expect buying and holding a share of Zhejiang Hangmin Co Ltd?

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

Speculation

The Price per Share of Zhejiang Hangmin Co Ltd is ¥7.13. 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 Hangmin 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 Hangmin 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 ¥6.31. Based on the TTM, the Book Value Change Per Share is ¥0.10 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.10 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 ¥0.16 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Zhejiang Hangmin 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 Eps0.020.3%0.020.3%0.020.3%0.020.3%0.020.3%
Usd Book Value Change Per Share0.030.4%0.010.2%0.010.2%0.020.2%0.010.2%
Usd Dividend Per Share0.000.0%0.020.3%0.010.2%0.010.2%0.010.2%
Usd Total Gains Per Share0.030.4%0.040.5%0.020.3%0.030.4%0.030.4%
Usd Price Per Share1.04-1.09-0.81-0.94-1.36-
Price to Earnings Ratio11.55-13.02-9.34-11.60-19.68-
Price-to-Total Gains Ratio40.14-34.46-71.50-52.07-68.49-
Price to Book Ratio1.20-1.26-1.00-1.27-2.74-
Price-to-Total Gains Ratio40.14-34.46-71.50-52.07-68.49-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.986792
Number of shares1013
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.01
Usd Book Value Change Per Share0.010.02
Usd Total Gains Per Share0.040.03
Gains per Quarter (1013 shares)35.6127.68
Gains per Year (1013 shares)142.43110.71
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
187551324763101
217411127495127212
3261166416142190323
4349221558189253434
5436276700237317545
6523332842284380656
7610387984332443767
86974421126379507878
97844971268426570989
1087255314104746341100

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%76.00.01.098.7%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%16.04.00.080.0%36.04.00.090.0%67.010.00.087.0%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.00.01.097.5%75.00.02.097.4%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%77.00.00.0100.0%

Fundamentals of Zhejiang Hangmin Co Ltd

About Zhejiang Hangmin Co Ltd

Zhejiang Hangmin Co.,Ltd, together with its subsidiaries, engages in the textile printing and dyeing business in China. The company offers corduroy, cotton, stretch cotton, shirting, and linen fabrics; weaving; and non-woven fabrics, spunlace, fiber blended fabrics, facsimile fabrics, printed fabrics, etc. It is also involved in the thermoelectric, logistics, and sewage treatment activities. The company exports its products to Southeast Asia, the Middle East, North America, the European Union, Hong Kong, Macao, and internationally. Zhejiang Hangmin Co.,Ltd was founded in 1998 and is based in Hangzhou, China.

Fundamental data was last updated by Penke on 2024-03-27 10:35:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a 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 inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very 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 cheap.

1.1. Profitability of Zhejiang Hangmin Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Zhejiang Hangmin Co Ltd to the Textile Manufacturing industry mean.
  • A Net Profit Margin of 6.4% means that ¥0.06 for each ¥1 in revenue is generated as profit.

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

  • The MRQ is 6.4%. The company is making a profit. +1
  • The TTM is 7.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.4%TTM7.2%-0.8%
TTM7.2%YOY7.0%+0.2%
TTM7.2%5Y8.5%-1.3%
5Y8.5%10Y12.2%-3.7%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ6.4%2.2%+4.2%
TTM7.2%1.8%+5.4%
YOY7.0%3.7%+3.3%
5Y8.5%2.1%+6.4%
10Y12.2%2.5%+9.7%
1.1.2. Return on Assets

Shows how efficient Zhejiang Hangmin Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Zhejiang Hangmin Co Ltd to the Textile Manufacturing industry mean.
  • 2.0% Return on Assets means that Zhejiang Hangmin Co Ltd generated ¥0.02 profit for each $1 in assets.

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

  • The MRQ is 2.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.0%TTM2.0%0.0%
TTM2.0%YOY2.2%-0.2%
TTM2.0%5Y2.3%-0.3%
5Y2.3%10Y2.7%-0.5%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0%0.6%+1.4%
TTM2.0%0.5%+1.5%
YOY2.2%1.1%+1.1%
5Y2.3%0.9%+1.4%
10Y2.7%0.9%+1.8%
1.1.3. Return on Equity

Shows how efficient Zhejiang Hangmin Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Zhejiang Hangmin Co Ltd to the Textile Manufacturing industry mean.
  • 2.9% Return on Equity means Zhejiang Hangmin Co Ltd generated ¥0.03 for each ¥1 the owners (shareholders) invested.

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

  • The MRQ is 2.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.9%TTM2.8%+0.0%
TTM2.8%YOY3.1%-0.3%
TTM2.8%5Y3.3%-0.4%
5Y3.3%10Y4.0%-0.7%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9%1.2%+1.7%
TTM2.8%1.2%+1.6%
YOY3.1%2.5%+0.6%
5Y3.3%1.8%+1.5%
10Y4.0%1.8%+2.2%

1.2. Operating Efficiency of Zhejiang Hangmin Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Zhejiang Hangmin Co Ltd is operating .

  • Measures how much profit Zhejiang Hangmin 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 Hangmin Co Ltd to the Textile Manufacturing 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 Hangmin Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM5.7%-5.7%
TTM5.7%YOY7.9%-2.2%
TTM5.7%5Y9.9%-4.2%
5Y9.9%10Y5.9%+4.0%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.3%-4.3%
TTM5.7%2.0%+3.7%
YOY7.9%5.1%+2.8%
5Y9.9%4.2%+5.7%
10Y5.9%3.9%+2.0%
1.2.2. Operating Ratio

Measures how efficient Zhejiang Hangmin Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • An Operation Ratio of 1.84 means that the operating costs are ¥1.84 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Zhejiang Hangmin Co Ltd:

  • The MRQ is 1.839. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.766. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.839TTM1.766+0.074
TTM1.766YOY1.783-0.017
TTM1.7665Y1.731+0.035
5Y1.73110Y1.235+0.496
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8391.660+0.179
TTM1.7661.676+0.090
YOY1.7831.628+0.155
5Y1.7311.623+0.108
10Y1.2351.380-0.145

1.3. Liquidity of Zhejiang Hangmin Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Zhejiang Hangmin Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A Current Ratio of 3.32 means the company has ¥3.32 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Zhejiang Hangmin Co Ltd:

  • The MRQ is 3.323. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.508. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.323TTM3.508-0.185
TTM3.508YOY3.435+0.073
TTM3.5085Y3.294+0.214
5Y3.29410Y1.815+1.479
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3231.491+1.832
TTM3.5081.469+2.039
YOY3.4351.494+1.941
5Y3.2941.521+1.773
10Y1.8151.315+0.500
1.3.2. Quick Ratio

Measures if Zhejiang Hangmin 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 Hangmin Co Ltd to the Textile Manufacturing industry mean.
  • A Quick Ratio of 0.48 means the company can pay off ¥0.48 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Zhejiang Hangmin Co Ltd:

  • The MRQ is 0.476. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.901. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.476TTM0.901-0.425
TTM0.901YOY1.340-0.438
TTM0.9015Y0.940-0.039
5Y0.94010Y0.953-0.013
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4760.551-0.075
TTM0.9010.577+0.324
YOY1.3400.633+0.707
5Y0.9400.620+0.320
10Y0.9530.576+0.377

1.4. Solvency of Zhejiang Hangmin Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Zhejiang Hangmin Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Zhejiang Hangmin Co Ltd to Textile Manufacturing industry mean.
  • A Debt to Asset Ratio of 0.24 means that Zhejiang Hangmin Co Ltd assets are financed with 23.8% credit (debt) and the remaining percentage (100% - 23.8%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.238. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.225. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.238TTM0.225+0.013
TTM0.225YOY0.229-0.004
TTM0.2255Y0.232-0.008
5Y0.23210Y0.233-0.001
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2380.489-0.251
TTM0.2250.487-0.262
YOY0.2290.485-0.256
5Y0.2320.502-0.270
10Y0.2330.519-0.286
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Zhejiang Hangmin Co Ltd to the Textile Manufacturing industry mean.
  • A Debt to Equity ratio of 34.8% means that company has ¥0.35 debt for each ¥1 in shareholders equity.

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

  • The MRQ is 0.348. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.323. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.348TTM0.323+0.025
TTM0.323YOY0.329-0.006
TTM0.3235Y0.337-0.015
5Y0.33710Y0.343-0.006
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3480.870-0.522
TTM0.3230.903-0.580
YOY0.3290.905-0.576
5Y0.3370.997-0.660
10Y0.3431.163-0.820

2. Market Valuation of Zhejiang Hangmin 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 Hangmin Co Ltd generates.

  • Above 15 is considered overpriced but always compare Zhejiang Hangmin Co Ltd to the Textile Manufacturing industry mean.
  • A PE ratio of 11.55 means the investor is paying ¥11.55 for every ¥1 in earnings.

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

  • The EOD is 10.919. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.547. Based on the earnings, the company is underpriced. +1
  • The TTM is 13.018. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD10.919MRQ11.547-0.628
MRQ11.547TTM13.018-1.470
TTM13.018YOY9.339+3.679
TTM13.0185Y11.602+1.416
5Y11.60210Y19.680-8.078
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD10.9197.622+3.297
MRQ11.5477.177+4.370
TTM13.0187.076+5.942
YOY9.3397.958+1.381
5Y11.60210.526+1.076
10Y19.68014.684+4.996
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 13.390. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 14.159. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 12.905. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD13.390MRQ14.159-0.770
MRQ14.159TTM12.905+1.254
TTM12.905YOY60.434-47.529
TTM12.9055Y23.533-10.627
5Y23.53310Y29.414-5.881
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD13.3902.804+10.586
MRQ14.1592.150+12.009
TTM12.9051.322+11.583
YOY60.4341.143+59.291
5Y23.5330.617+22.916
10Y29.4141.083+28.331
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A PB ratio of 1.20 means the investor is paying ¥1.20 for each ¥1 in book value.

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

  • The EOD is 1.130. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.195. Based on the equity, the company is underpriced. +1
  • The TTM is 1.264. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.130MRQ1.195-0.065
MRQ1.195TTM1.264-0.069
TTM1.264YOY1.000+0.264
TTM1.2645Y1.265-0.001
5Y1.26510Y2.742-1.477
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD1.1301.086+0.044
MRQ1.1951.067+0.128
TTM1.2641.017+0.247
YOY1.0001.121-0.121
5Y1.2651.035+0.230
10Y2.7421.265+1.477
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Zhejiang Hangmin 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--0.1850.099+88%0.096+94%0.113+64%0.106+74%
Book Value Per Share--6.3096.210+2%5.824+8%5.432+16%4.253+48%
Current Ratio--3.3233.508-5%3.435-3%3.294+1%1.815+83%
Debt To Asset Ratio--0.2380.225+6%0.229+4%0.232+2%0.233+2%
Debt To Equity Ratio--0.3480.323+8%0.329+6%0.337+3%0.343+1%
Dividend Per Share--0.0030.155-98%0.080-96%0.084-97%0.099-97%
Eps--0.1630.158+3%0.164-1%0.158+3%0.142+15%
Free Cash Flow Per Share--0.1330.187-29%0.132+1%0.156-15%0.195-32%
Free Cash Flow To Equity Per Share--0.1330.109+22%0.015+786%0.061+119%0.147-9%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--5.358--------
Intrinsic Value_10Y_min--2.177--------
Intrinsic Value_1Y_max--0.746--------
Intrinsic Value_1Y_min--0.475--------
Intrinsic Value_3Y_max--2.082--------
Intrinsic Value_3Y_min--1.213--------
Intrinsic Value_5Y_max--3.226--------
Intrinsic Value_5Y_min--1.711--------
Market Cap7492346371.840-6%7923182558.7208246309698.880-4%6126280413.440+29%7170991044.325+10%10355439944.701-23%
Net Profit Margin--0.0640.072-11%0.070-8%0.085-24%0.122-47%
Operating Margin---0.057-100%0.079-100%0.099-100%0.059-100%
Operating Ratio--1.8391.766+4%1.783+3%1.731+6%1.235+49%
Pb Ratio1.130-6%1.1951.264-5%1.000+20%1.265-6%2.742-56%
Pe Ratio10.919-6%11.54713.018-11%9.339+24%11.6020%19.680-41%
Price Per Share7.130-6%7.5407.848-4%5.830+29%6.760+12%9.823-23%
Price To Free Cash Flow Ratio13.390-6%14.15912.905+10%60.434-77%23.533-40%29.414-52%
Price To Total Gains Ratio37.958-6%40.14134.464+16%71.500-44%52.068-23%68.491-41%
Quick Ratio--0.4760.901-47%1.340-64%0.940-49%0.953-50%
Return On Assets--0.0200.0200%0.022-9%0.023-13%0.027-27%
Return On Equity--0.0290.028+2%0.031-8%0.033-12%0.040-28%
Total Gains Per Share--0.1880.254-26%0.175+7%0.197-5%0.205-8%
Usd Book Value--917531091.969903080657.037+2%847032332.543+8%798666039.879+15%622923511.141+47%
Usd Book Value Change Per Share--0.0260.014+88%0.013+94%0.016+64%0.015+74%
Usd Book Value Per Share--0.8730.859+2%0.806+8%0.752+16%0.589+48%
Usd Dividend Per Share--0.0000.022-98%0.011-96%0.012-97%0.014-97%
Usd Eps--0.0230.022+3%0.023-1%0.022+3%0.020+15%
Usd Free Cash Flow--19361062.85527216756.775-29%19214689.190+1%22915146.950-16%28490896.061-32%
Usd Free Cash Flow Per Share--0.0180.026-29%0.018+1%0.022-15%0.027-32%
Usd Free Cash Flow To Equity Per Share--0.0180.015+22%0.002+786%0.008+119%0.020-9%
Usd Market Cap1036940737.863-6%1096568466.1271141289262.325-4%847877209.220+29%992465160.535+10%1433192888.347-23%
Usd Price Per Share0.987-6%1.0441.086-4%0.807+29%0.936+12%1.359-23%
Usd Profit--23741139.11123014556.900+3%23887632.669-1%23223793.629+2%20782320.729+14%
Usd Revenue--368094123.766324251818.334+14%345522465.990+7%296900027.483+24%205980469.264+79%
Usd Total Gains Per Share--0.0260.035-26%0.024+7%0.027-5%0.028-8%
 EOD+4 -4MRQTTM+16 -19YOY+17 -185Y+18 -1710Y+14 -21

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1510.919
Price to Book Ratio (EOD)Between0-11.130
Net Profit Margin (MRQ)Greater than00.064
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.476
Current Ratio (MRQ)Greater than13.323
Debt to Asset Ratio (MRQ)Less than10.238
Debt to Equity Ratio (MRQ)Less than10.348
Return on Equity (MRQ)Greater than0.150.029
Return on Assets (MRQ)Greater than0.050.020
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.898
Ma 20Greater thanMa 506.979
Ma 50Greater thanMa 1007.181
Ma 100Greater thanMa 2007.989
OpenGreater thanClose6.870
Total2/5 (40.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Interest Income  8,33087,47595,805-81,32014,48526,79741,282-115,870-74,588



Latest Balance Sheet

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

Summary
Total Assets8,696,241
Total Liabilities2,066,681
Total Stockholder Equity5,942,828
 As reported
Total Liabilities 2,066,681
Total Stockholder Equity+ 5,942,828
Total Assets = 8,696,241

Assets

Total Assets8,696,241
Total Current Assets6,480,704
Long-term Assets2,215,537
Total Current Assets
Cash And Cash Equivalents 3,179,884
Short-term Investments 620,467
Net Receivables 308,601
Inventory 1,675,945
Other Current Assets 142,111
Total Current Assets  (as reported)6,480,704
Total Current Assets  (calculated)5,927,008
+/- 553,696
Long-term Assets
Property Plant Equipment 1,968,114
Goodwill 1,846
Intangible Assets 99,406
Long-term Assets Other 97,394
Long-term Assets  (as reported)2,215,537
Long-term Assets  (calculated)2,166,760
+/- 48,777

Liabilities & Shareholders' Equity

Total Current Liabilities1,950,112
Long-term Liabilities116,569
Total Stockholder Equity5,942,828
Total Current Liabilities
Accounts payable 258,058
Other Current Liabilities 5,579
Total Current Liabilities  (as reported)1,950,112
Total Current Liabilities  (calculated)263,638
+/- 1,686,474
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt9,933
Long-term Liabilities  (as reported)116,569
Long-term Liabilities  (calculated)9,933
+/- 106,637
Total Stockholder Equity
Retained Earnings 4,446,239
Total Stockholder Equity (as reported)5,942,828
Total Stockholder Equity (calculated)4,446,239
+/- 1,496,589
Other
Capital Stock1,050,819
Common Stock Shares Outstanding 1,050,819
Net Invested Capital 5,942,828
Net Working Capital 4,530,592
Property Plant and Equipment Gross 1,968,114



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302003-12-312002-12-312001-12-31
> Total Assets 
704,631
849,773
916,245
970,697
1,434,422
1,495,457
1,472,963
1,444,327
1,420,445
1,441,664
1,401,377
1,642,593
1,644,891
1,621,454
1,577,589
1,541,440
1,543,476
1,552,584
1,494,406
1,570,935
1,578,038
1,616,014
1,669,078
1,649,361
1,741,399
1,887,967
1,883,222
1,953,568
2,006,088
2,138,943
2,147,575
2,157,051
2,231,345
2,351,595
2,705,865
2,633,749
2,738,470
2,815,611
2,873,286
2,996,268
3,367,496
3,453,325
3,531,428
3,603,619
3,720,017
3,842,900
3,634,277
3,772,460
3,897,283
4,035,626
4,146,307
4,250,099
4,054,029
4,283,686
4,350,218
4,357,030
4,615,311
4,851,048
4,996,705
5,082,249
5,249,207
6,544,543
6,671,319
6,691,182
6,860,031
7,044,404
7,024,924
6,966,956
7,068,588
7,470,402
7,316,614
7,412,983
7,719,965
7,890,575
8,025,057
7,736,532
8,090,263
8,174,787
8,431,365
8,368,993
8,696,241
8,696,2418,368,9938,431,3658,174,7878,090,2637,736,5328,025,0577,890,5757,719,9657,412,9837,316,6147,470,4027,068,5886,966,9567,024,9247,044,4046,860,0316,691,1826,671,3196,544,5435,249,2075,082,2494,996,7054,851,0484,615,3114,357,0304,350,2184,283,6864,054,0294,250,0994,146,3074,035,6263,897,2833,772,4603,634,2773,842,9003,720,0173,603,6193,531,4283,453,3253,367,4962,996,2682,873,2862,815,6112,738,4702,633,7492,705,8652,351,5952,231,3452,157,0512,147,5752,138,9432,006,0881,953,5681,883,2221,887,9671,741,3991,649,3611,669,0781,616,0141,578,0381,570,9351,494,4061,552,5841,543,4761,541,4401,577,5891,621,4541,644,8911,642,5931,401,3771,441,6641,420,4451,444,3271,472,9631,495,4571,434,422970,697916,245849,773704,631
   > 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
2,929,768
3,061,213
4,282,025
4,416,021
4,417,990
4,569,987
4,730,745
4,751,238
4,700,276
4,804,959
4,955,440
5,064,714
5,170,331
5,476,894
5,598,345
5,504,603
5,504,603
5,857,886
5,919,744
6,196,649
6,126,005
6,480,704
6,480,7046,126,0056,196,6495,919,7445,857,8865,504,6035,504,6035,598,3455,476,8945,170,3315,064,7144,955,4404,804,9594,700,2764,751,2384,730,7454,569,9874,417,9904,416,0214,282,0253,061,2132,929,76800000000000000000000000000000000000000000000000000000000000
       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
692,232
863,581
1,269,424
1,394,006
1,445,612
1,319,356
1,578,901
2,016,747
2,095,100
1,970,639
1,934,325
1,875,289
1,808,235
1,666,944
1,605,802
1,775,147
1,728,051
1,715,571
1,717,379
2,635,190
2,744,870
3,179,884
3,179,8842,744,8702,635,1901,717,3791,715,5711,728,0511,775,1471,605,8021,666,9441,808,2351,875,2891,934,3251,970,6392,095,1002,016,7471,578,9011,319,3561,445,6121,394,0061,269,424863,581692,23200000000000000000000000000000000000000000000000000000000000
       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
1,115,000
0
849,500
93,078
63,199
63,654
946,052
677,839
619,907
849,066
808,480
976,674
1,062,396
1,204,782
1,393,628
1,340,868
1,345,945
1,551,498
1,736,848
1,029,547
829,045
620,467
620,467829,0451,029,5471,736,8481,551,4981,345,9451,340,8681,393,6281,204,7821,062,396976,674808,480849,066619,907677,839946,05263,65463,19993,078849,50001,115,00000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
92,532
87,998
87,501
103,913
112,224
104,199
119,413
106,362
121,361
94,832
127,080
180,111
181,075
139,435
159,665
166,537
195,747
195,868
179,893
210,591
251,471
205,490
201,478
193,758
229,130
198,245
208,583
266,742
263,544
266,952
269,422
343,540
383,165
427,322
452,554
452,198
485,813
484,155
466,308
566,837
606,913
589,135
535,949
572,335
638,324
849,531
454,049
725,843
626,292
693,076
583,178
725,263
653,553
608,972
541,227
530,880
570,992
613,404
607,796
690,844
680,598
619,650
314,462
267,607
272,471
705,994
557,365
461,116
498,616
732,942
513,654
787,451
635,593
868,232
778,807
778,807
706,251
664,335
308,617
686,570
308,601
308,601686,570308,617664,335706,251778,807778,807868,232635,593787,451513,654732,942498,616461,116557,365705,994272,471267,607314,462619,650680,598690,844607,796613,404570,992530,880541,227608,972653,553725,263583,178693,076626,292725,843454,049849,531638,324572,335535,949589,135606,913566,837466,308484,155485,813452,198452,554427,322383,165343,540269,422266,952263,544266,742208,583198,245229,130193,758201,478205,490251,471210,591179,893195,868195,747166,537159,665139,435181,075180,111127,08094,832121,361106,362119,413104,199112,224103,91387,50187,99892,532
       Other Current Assets 
11,594
36,416
23,799
21,248
16,676
25,802
30,361
34,309
23,909
18,742
26,144
33,897
42,340
36,840
49,170
42,588
52,212
33,818
44,336
91,511
87,254
73,835
128,951
142,085
85,798
103,307
93,647
106,037
125,110
92,532
121,977
100,160
156,896
58,731
85,893
115,745
139,253
52,656
84,855
59,693
96,721
175,482
215,754
117,732
334,227
109,242
387,163
102,829
426,542
111,531
741,308
141,408
832,870
114,059
857,008
165,104
1,230,987
143,364
1,307,223
175,942
1,272,738
310,679
898,947
841,026
970,005
242,445
285,438
254,934
225,581
189,654
414,725
251,295
486,057
242,591
266,224
266,224
273,892
258,821
272,463
261,985
142,111
142,111261,985272,463258,821273,892266,224266,224242,591486,057251,295414,725189,654225,581254,934285,438242,445970,005841,026898,947310,6791,272,738175,9421,307,223143,3641,230,987165,104857,008114,059832,870141,408741,308111,531426,542102,829387,163109,242334,227117,732215,754175,48296,72159,69384,85552,656139,253115,74585,89358,731156,896100,160121,97792,532125,110106,03793,647103,30785,798142,085128,95173,83587,25491,51144,33633,81852,21242,58849,17036,84042,34033,89726,14418,74223,90934,30930,36125,80216,67621,24823,79936,41611,594
   > 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
2,255,298
2,273,192
2,290,044
2,313,659
2,273,685
2,266,680
2,263,629
2,514,963
2,251,900
2,242,652
2,243,071
2,292,230
2,257,516
2,231,929
2,232,376
2,255,043
2,234,716
2,242,987
2,215,537
2,215,5372,242,9872,234,7162,255,0432,232,3762,231,9292,257,5162,292,2302,243,0712,242,6522,251,9002,514,9632,263,6292,266,6802,273,6852,313,6592,290,0442,273,1922,255,29800000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
500,315
565,767
642,321
676,043
776,368
826,923
825,912
824,366
817,503
835,073
819,049
1,048,063
1,069,079
1,062,094
1,020,838
1,033,496
996,338
1,035,691
926,654
1,001,352
893,141
962,071
887,919
949,326
1,039,000
1,168,420
1,083,852
1,219,746
1,166,114
1,246,236
1,227,052
1,269,021
1,212,420
1,400,056
1,329,664
1,417,323
1,373,474
1,481,312
1,406,661
1,475,986
1,384,127
1,517,145
1,428,910
1,422,384
1,422,052
1,495,280
1,475,973
1,472,250
1,503,318
1,569,903
1,546,408
1,553,516
1,550,465
1,623,574
1,616,625
1,659,097
1,731,880
1,921,816
1,938,719
1,930,787
1,933,097
2,014,324
2,017,046
2,021,140
2,039,048
2,084,149
2,037,612
2,019,683
2,022,459
2,044,433
2,014,714
2,006,911
1,992,659
2,034,933
1,974,489
1,974,489
1,971,940
2,004,843
1,985,291
1,982,477
1,968,114
1,968,1141,982,4771,985,2912,004,8431,971,9401,974,4891,974,4892,034,9331,992,6592,006,9112,014,7142,044,4332,022,4592,019,6832,037,6122,084,1492,039,0482,021,1402,017,0462,014,3241,933,0971,930,7871,938,7191,921,8161,731,8801,659,0971,616,6251,623,5741,550,4651,553,5161,546,4081,569,9031,503,3181,472,2501,475,9731,495,2801,422,0521,422,3841,428,9101,517,1451,384,1271,475,9861,406,6611,481,3121,373,4741,417,3231,329,6641,400,0561,212,4201,269,0211,227,0521,246,2361,166,1141,219,7461,083,8521,168,4201,039,000949,326887,919962,071893,1411,001,352926,6541,035,691996,3381,033,4961,020,8381,062,0941,069,0791,048,063819,049835,073817,503824,366825,912826,923776,368676,043642,321565,767500,315
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,846
1,846
1,846
1,846
1,846
1,846
1,846
1,846
1,846
1,846
1,846
1,952
1,846
1,846
1,846
1,846
1,846
1,846
1,846
1,846
1,8461,8461,8461,8461,8461,8461,8461,8461,9521,8461,8461,8461,8461,8461,8461,8461,8461,8461,8461,8460000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
26,606
25,575
27,968
27,366
84,510
83,481
81,403
79,879
67,551
66,155
69,461
68,018
65,122
63,646
63,640
62,101
66,727
64,998
61,751
60,306
72,818
71,415
74,979
72,600
71,746
70,422
79,760
78,920
77,380
76,029
74,489
74,923
72,812
71,435
69,889
68,513
143,181
140,819
138,286
135,923
133,514
131,152
128,619
126,368
124,567
122,535
120,277
119,068
122,246
124,224
61,162
121,535
117,214
114,550
118,811
116,105
113,450
115,279
112,340
111,023
109,472
116,203
113,082
109,956
107,586
104,827
102,573
99,406
99,406102,573104,827107,586109,956113,082116,203109,472111,023112,340115,279113,450116,105118,811114,550117,214121,53561,162124,224122,246119,068120,277122,535124,567126,368128,619131,152133,514135,923138,286140,819143,18168,51369,88971,43572,81274,92374,48976,02977,38078,92079,76070,42271,74672,60074,97971,41572,81860,30661,75164,99866,72762,10163,64063,64665,12268,01869,46166,15567,55179,87981,40383,48184,51027,36627,96825,57526,6060000000000000
       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
81,682
82,714
80,631
78,687
81,646
81,291
2,109,174
83,181
83,553
82,016
102,337
105,117
129,353
102,198
107,893
91,501
89,853
91,857
97,394
97,39491,85789,85391,501107,893102,198129,353105,117102,33782,01683,55383,1812,109,17481,29181,64678,68780,63182,71481,68200000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
374,254
474,121
452,951
494,217
359,953
423,017
387,457
386,063
350,623
363,869
319,344
530,232
493,531
453,585
380,222
356,752
328,504
302,516
215,121
316,637
293,487
277,029
300,175
297,994
339,699
431,996
408,808
469,366
458,336
513,808
497,789
502,300
504,456
530,984
855,654
793,615
815,311
789,651
813,633
924,640
1,197,921
1,099,842
1,111,130
1,175,851
1,189,740
1,130,140
859,511
972,107
949,581
936,126
974,390
1,053,823
746,006
762,527
750,978
748,384
852,267
872,416
934,342
992,362
993,772
1,751,882
1,771,486
1,776,232
1,745,884
1,662,408
1,604,547
1,598,320
1,525,787
1,699,828
1,481,933
1,600,435
1,740,300
1,814,886
1,862,905
1,708,931
1,875,000
1,712,767
1,857,552
1,933,788
2,066,681
2,066,6811,933,7881,857,5521,712,7671,875,0001,708,9311,862,9051,814,8861,740,3001,600,4351,481,9331,699,8281,525,7871,598,3201,604,5471,662,4081,745,8841,776,2321,771,4861,751,882993,772992,362934,342872,416852,267748,384750,978762,527746,0061,053,823974,390936,126949,581972,107859,5111,130,1401,189,7401,175,8511,111,1301,099,8421,197,921924,640813,633789,651815,311793,615855,654530,984504,456502,300497,789513,808458,336469,366408,808431,996339,699297,994300,175277,029293,487316,637215,121302,516328,504356,752380,222453,585493,531530,232319,344363,869350,623386,063387,457423,017359,953494,217452,951474,121374,254
   > Total Current Liabilities 
374,253
412,017
385,836
307,167
257,903
362,921
347,425
386,063
350,622
363,870
319,344
530,232
493,531
453,510
380,147
356,752
317,160
289,960
202,821
304,606
281,654
262,336
285,775
283,748
278,789
370,033
347,983
410,505
402,163
409,644
396,921
394,015
400,127
427,422
458,907
394,043
418,028
377,448
419,926
528,891
552,556
457,256
477,610
534,607
556,058
802,897
529,377
639,969
857,815
840,812
881,565
958,096
650,556
660,534
646,611
641,636
748,677
769,511
829,468
891,171
893,959
1,642,998
1,662,935
1,671,803
1,645,370
1,549,898
1,439,132
1,434,147
1,359,827
1,518,902
1,303,248
1,420,707
1,574,345
1,640,204
1,578,181
1,578,181
1,748,716
1,580,242
1,730,304
1,811,805
1,950,112
1,950,1121,811,8051,730,3041,580,2421,748,7161,578,1811,578,1811,640,2041,574,3451,420,7071,303,2481,518,9021,359,8271,434,1471,439,1321,549,8981,645,3701,671,8031,662,9351,642,998893,959891,171829,468769,511748,677641,636646,611660,534650,556958,096881,565840,812857,815639,969529,377802,897556,058534,607477,610457,256552,556528,891419,926377,448418,028394,043458,907427,422400,127394,015396,921409,644402,163410,505347,983370,033278,789283,748285,775262,336281,654304,606202,821289,960317,160356,752380,147453,510493,531530,232319,344363,870350,622386,063347,425362,921257,903307,167385,836412,017374,253
       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
106,000
96,000
86,000
76,116
91,138
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000091,13876,11686,00096,000106,00000000000000000000000000000000000000000000000000000000000000000
       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
106,000
96,000
86,000
76,116
91,138
33,057
0
100,081
0
0
0
0
0
0
0
0
20,024
0
0
0020,02400000000100,081033,05791,13876,11686,00096,000106,00000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
73,779
108,197
95,016
55,964
57,712
104,846
82,919
97,833
95,942
100,417
114,418
173,064
175,426
165,532
142,961
113,589
90,692
90,677
25,490
72,920
72,233
108,557
97,792
79,184
62,092
155,956
122,263
122,341
113,899
114,350
116,168
124,536
110,196
140,763
131,645
109,112
113,609
136,228
138,622
181,797
202,417
122,702
118,039
157,720
136,880
107,749
132,371
181,988
127,672
111,863
118,472
158,324
165,042
159,079
141,210
165,887
200,908
225,643
225,847
261,626
254,808
178,194
251,836
229,043
236,819
213,189
183,887
172,235
203,441
181,806
182,885
203,886
227,013
198,125
206,304
206,304
239,173
199,521
189,330
226,591
258,058
258,058226,591189,330199,521239,173206,304206,304198,125227,013203,886182,885181,806203,441172,235183,887213,189236,819229,043251,836178,194254,808261,626225,847225,643200,908165,887141,210159,079165,042158,324118,472111,863127,672181,988132,371107,749136,880157,720118,039122,702202,417181,797138,622136,228113,609109,112131,645140,763110,196124,536116,168114,350113,899122,341122,263155,95662,09279,18497,792108,55772,23372,92025,49090,67790,692113,589142,961165,532175,426173,064114,418100,41795,94297,83382,919104,84657,71255,96495,016108,19773,779
       Other Current Liabilities 
119,717
125,220
75,548
75,157
78,194
83,501
77,604
78,266
79,489
83,041
81,394
224,668
207,105
164,978
138,186
148,163
152,468
112,283
92,131
142,486
143,421
104,779
148,983
169,564
190,697
147,077
179,720
205,164
218,264
208,694
194,753
199,079
180,520
171,259
195,862
192,531
227,419
172,220
214,304
277,094
280,139
257,554
279,322
299,387
341,179
340,285
358,006
387,981
407,651
402,089
448,920
504,141
452,414
468,455
472,401
442,749
476,769
442,868
482,620
266,676
282,948
1,100,079
1,069,845
1,047,453
1,072,261
960,767
958,972
996,588
933,503
917,209
918,755
937,272
1,068,523
1,086,748
1,074,330
1,074,330
1,247,821
1,147,506
6,173
1,310,896
5,579
5,5791,310,8966,1731,147,5061,247,8211,074,3301,074,3301,086,7481,068,523937,272918,755917,209933,503996,588958,972960,7671,072,2611,047,4531,069,8451,100,079282,948266,676482,620442,868476,769442,749472,401468,455452,414504,141448,920402,089407,651387,981358,006340,285341,179299,387279,322257,554280,139277,094214,304172,220227,419192,531195,862171,259180,520199,079194,753208,694218,264205,164179,720147,077190,697169,564148,983104,779143,421142,48692,131112,283152,468148,163138,186164,978207,105224,66881,39483,04179,48978,26677,60483,50178,19475,15775,548125,220119,717
   > 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
108,550
104,429
100,514
112,510
165,415
164,173
165,960
180,926
178,685
179,728
165,955
174,682
161,701
130,750
126,285
132,525
127,248
121,983
116,569
116,569121,983127,248132,525126,285130,750161,701174,682165,955179,728178,685180,926165,960164,173165,415112,510100,514104,429108,55000000000000000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-106,000
-96,000
-86,000
-76,116
-91,138
0
0
0
0
1,719
1,719
9,710
9,723
9,718
9,649
8,670
9,993
9,853
9,933
9,9339,8539,9938,6709,6499,7189,7239,7101,7191,7190000-91,138-76,116-86,000-96,000-106,00000000000000000000000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
57,000
57,075
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000057,07557,000000000000000000000000000000000000000000000000000000000000000000000
       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
4,037
14,068
11,306
12,941
10,466
9,913
9,204
8,955
8,320
7,962
20,708
20,251
18,611
19,058
21,641
21,419
21,419
22,627
21,840
21,694
20,946
0
020,94621,69421,84022,62721,41921,41921,64119,05818,61120,25120,7087,9628,3208,9559,2049,91310,46612,94111,30614,0684,03700000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
269,881
306,270
380,411
386,731
982,098
979,770
997,648
968,786
979,195
986,463
994,831
991,133
1,009,051
1,022,511
1,049,356
1,035,885
1,061,283
1,093,717
1,118,737
1,094,511
1,119,694
1,157,905
1,184,779
1,161,006
1,204,702
1,251,311
1,283,828
1,282,052
1,337,644
1,409,150
1,446,348
1,443,181
1,506,725
1,592,730
1,635,174
1,622,084
1,695,143
1,785,939
1,837,765
1,843,532
1,927,134
2,102,137
2,164,536
2,152,439
2,251,150
2,409,737
2,487,643
2,489,431
2,614,705
2,751,646
2,843,507
2,842,160
2,958,928
3,143,458
3,237,065
3,221,548
3,354,731
3,544,414
3,647,857
3,644,324
3,786,684
4,294,781
4,420,254
4,409,321
4,583,409
4,817,993
4,892,142
4,823,385
4,979,380
5,180,982
5,279,337
5,233,132
5,362,881
5,464,490
5,580,681
5,425,181
5,589,080
5,806,378
5,929,966
5,771,288
5,942,828
5,942,8285,771,2885,929,9665,806,3785,589,0805,425,1815,580,6815,464,4905,362,8815,233,1325,279,3375,180,9824,979,3804,823,3854,892,1424,817,9934,583,4094,409,3214,420,2544,294,7813,786,6843,644,3243,647,8573,544,4143,354,7313,221,5483,237,0653,143,4582,958,9282,842,1602,843,5072,751,6462,614,7052,489,4312,487,6432,409,7372,251,1502,152,4392,164,5362,102,1371,927,1341,843,5321,837,7651,785,9391,695,1431,622,0841,635,1741,592,7301,506,7251,443,1811,446,3481,409,1501,337,6441,282,0521,283,8281,251,3111,204,7021,161,0061,184,7791,157,9051,119,6941,094,5111,118,7371,093,7171,061,2831,035,8851,049,3561,022,5111,009,051991,133994,831986,463979,195968,786997,648979,770982,098386,731380,411306,270269,881
   Common Stock
200,000
200,000
200,000
200,000
285,000
285,000
285,000
285,000
285,000
285,000
285,000
325,800
325,800
325,800
325,800
325,800
325,800
325,800
325,800
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
423,540
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
635,310
745,392
745,392
1,080,819
1,080,819
1,080,819
1,080,819
1,080,819
1,080,819
1,080,819
1,080,819
1,080,819
1,080,819
1,050,819
1,050,819
1,050,819
1,050,819
1,050,819
0
1,050,819
0
01,050,81901,050,8191,050,8191,050,8191,050,8191,050,8191,080,8191,080,8191,080,8191,080,8191,080,8191,080,8191,080,8191,080,8191,080,8191,080,819745,392745,392635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310635,310423,540423,540423,540423,540423,540423,540423,540423,540423,540423,540423,540423,540423,540423,540423,540423,540423,540423,540423,540423,540325,800325,800325,800325,800325,800325,800325,800325,800285,000285,000285,000285,000285,000285,000285,000200,000200,000200,000200,000
   Retained Earnings 
52,415
77,604
140,449
146,769
157,847
149,527
155,244
136,306
146,704
148,577
157,077
151,300
169,218
178,246
204,597
191,497
216,774
263,318
288,338
262,445
287,459
317,973
344,680
320,908
364,603
398,500
431,016
437,066
492,658
581,172
618,371
615,203
678,747
743,878
786,322
774,430
847,489
914,682
966,508
972,796
1,056,399
1,199,914
1,425,527
1,413,430
1,512,141
1,670,728
1,748,634
1,750,422
1,875,696
2,012,637
2,104,498
2,103,150
2,223,633
2,404,299
2,497,906
2,482,389
2,615,573
2,805,256
2,908,698
2,905,166
3,047,525
3,344,418
3,126,146
2,928,865
3,102,953
3,681,281
3,755,430
3,686,674
3,842,669
4,044,271
4,142,626
4,096,421
4,251,127
4,405,375
4,366,067
4,366,067
4,529,966
4,747,264
4,870,852
4,712,173
4,446,239
4,446,2394,712,1734,870,8524,747,2644,529,9664,366,0674,366,0674,405,3754,251,1274,096,4214,142,6264,044,2713,842,6693,686,6743,755,4303,681,2813,102,9532,928,8653,126,1463,344,4183,047,5252,905,1662,908,6982,805,2562,615,5732,482,3892,497,9062,404,2992,223,6332,103,1502,104,4982,012,6371,875,6961,750,4221,748,6341,670,7281,512,1411,413,4301,425,5271,199,9141,056,399972,796966,508914,682847,489774,430786,322743,878678,747615,203618,371581,172492,658437,066431,016398,500364,603320,908344,680317,973287,459262,445288,338263,318216,774191,497204,597178,246169,218151,300157,077148,577146,704136,306155,244149,527157,847146,769140,44977,60452,415
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 000000000000000000000000000000000000000000000000000000000000000000000000000000000



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 (+$)
totalRevenue9,371,440
Cost of Revenue-8,052,910
Gross Profit1,318,5291,318,529
 
Operating Income (+$)
Gross Profit1,318,529
Operating Expense-8,542,370
Operating Income829,070-7,223,840
 
Operating Expense (+$)
Research Development189,817
Selling General Administrative160,311
Selling And Marketing Expenses-
Operating Expense8,542,370350,128
 
Net Interest Income (+$)
Interest Income48,013
Interest Expense-29,313
Other Finance Cost-11,681
Net Interest Income30,381
 
Pretax Income (+$)
Operating Income829,070
Net Interest Income30,381
Other Non-Operating Income Expenses-
Income Before Tax (EBT)864,804829,070
EBIT - interestExpense = -29,313
665,161
694,474
Interest Expense29,313
Earnings Before Interest and Taxes (EBIT)-894,117
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax864,804
Tax Provision-112,993
Net Income From Continuing Ops751,810751,810
Net Income665,161
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--30,381
 

Technical Analysis of Zhejiang Hangmin 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 Hangmin Co Ltd. The general trend of Zhejiang Hangmin Co Ltd is BEARISH 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 Zhejiang Hangmin 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 Zhejiang Hangmin Co Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 7.17 < 7.2 < 7.22.

The bearish price targets are: 6.75 > 6.5264489361702 > 6.5168862385321.

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Zhejiang Hangmin 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 Hangmin Co Ltd. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher 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 Hangmin 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 Hangmin Co Ltd. The current macd is -0.070005.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Zhejiang Hangmin Co Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Zhejiang Hangmin 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 Zhejiang Hangmin 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Zhejiang Hangmin Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartZhejiang Hangmin 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 Hangmin Co Ltd. The current adx is 25.46.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Hangmin Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Zhejiang Hangmin 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 Hangmin Co Ltd. The current sar is 7.25519534.

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 Hangmin 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 Hangmin Co Ltd. The current rsi is 52.90. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Zhejiang Hangmin Co Ltd Daily Relative Strength Index (RSI) ChartZhejiang Hangmin 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 Hangmin Co Ltd. The current phase is Overbought in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Zhejiang Hangmin Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Zhejiang Hangmin Co Ltd Daily Stochastic Oscillator ChartZhejiang Hangmin 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 Hangmin Co Ltd. The current cci is 64.92.

Zhejiang Hangmin Co Ltd Daily Commodity Channel Index (CCI) ChartZhejiang Hangmin 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 Hangmin Co Ltd. The current cmo is 17.21.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Zhejiang Hangmin Co Ltd Daily Chande Momentum Oscillator (CMO) ChartZhejiang Hangmin 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 Hangmin Co Ltd. The current willr is -8.69565217.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Zhejiang Hangmin Co Ltd Daily Williams %R ChartZhejiang Hangmin 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 Hangmin Co Ltd.

Zhejiang Hangmin 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 Hangmin Co Ltd. The current atr is 0.21561883.

Zhejiang Hangmin Co Ltd Daily Average True Range (ATR) ChartZhejiang Hangmin 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 Hangmin Co Ltd. The current obv is 341,926,245.

Zhejiang Hangmin Co Ltd Daily On-Balance Volume (OBV) ChartZhejiang Hangmin 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 Hangmin Co Ltd. The current mfi is 54.24.

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 Hangmin Co Ltd Daily Money Flow Index (MFI) ChartZhejiang Hangmin Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Zhejiang Hangmin 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
2023-11-07STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
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).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the 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.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH 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).
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-29CMO 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).

6.3. Candlestick Patterns

Zhejiang Hangmin Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.898
Ma 20Greater thanMa 506.979
Ma 50Greater thanMa 1007.181
Ma 100Greater thanMa 2007.989
OpenGreater thanClose6.870
Total2/5 (40.0%)
Penke

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