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Bank of Changsha Co Ltd
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Let's analyse Bank of Changsha Co Ltd together

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

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

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Quick analysis of Bank of Changsha Co Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
¥0.10
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥16.65
Expected worth in 1 year
¥18.12
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
¥2.20
Return On Investment
28.4%

For what price can you sell your share?

Current Price per Share
¥7.75
Expected price per share
¥6.9 - ¥8.32
How sure are you?
50%

1. Valuation of Bank of Changsha Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥7.75

Intrinsic Value Per Share

¥158.20 - ¥189.67

Total Value Per Share

¥174.85 - ¥206.32

2. Growth of Bank of Changsha Co Ltd (5 min.)




Is Bank of Changsha Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$9.2b$8.1b$803.9m9.0%

How much money is Bank of Changsha Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$252.7m$228.9m$23.7m9.4%
Net Profit Margin29.9%29.3%--

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

3. Financial Health of Bank of Changsha Co Ltd (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

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

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

What can you expect buying and holding a share of Bank of Changsha Co Ltd?

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

Speculation

The Price per Share of Bank of Changsha Co Ltd is ¥7.75. 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 Bank of Changsha 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 Bank of Changsha 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 ¥16.65. Based on the TTM, the Book Value Change Per Share is ¥0.37 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.34 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 ¥0.18 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Bank of Changsha 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 Eps0.060.8%0.060.8%0.060.7%0.050.7%0.050.7%
Usd Book Value Change Per Share0.070.8%0.050.7%0.050.6%0.121.5%0.121.5%
Usd Dividend Per Share0.050.7%0.030.3%0.030.3%0.030.3%0.030.3%
Usd Total Gains Per Share0.121.5%0.081.0%0.070.9%0.141.8%0.141.8%
Usd Price Per Share1.13-1.06-1.04-1.17-1.17-
Price to Earnings Ratio4.37-4.24-4.68-6.05-6.05-
Price-to-Total Gains Ratio9.77-16.08-17.41-19.91-19.91-
Price to Book Ratio0.49-0.48-0.51-0.73-0.73-
Price-to-Total Gains Ratio9.77-16.08-17.41-19.91-19.91-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.0726
Number of shares932
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.03
Usd Book Value Change Per Share0.050.12
Usd Total Gains Per Share0.080.14
Gains per Quarter (932 shares)71.02130.71
Gains per Year (932 shares)284.08522.83
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
19518927493430513
21893795581878591036
328456884228012891559
4378758112637317182082
5473947141046621482605
65681137169456025773128
76621326197865330073651
87571516226274634374174
98511705254683938664697
109461895283093342965220

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%20.00.00.0100.0%20.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%20.00.00.0100.0%20.00.00.0100.0%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%20.00.00.0100.0%20.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%20.00.00.0100.0%20.00.00.0100.0%

Fundamentals of Bank of Changsha Co Ltd

About Bank of Changsha Co Ltd

Bank of Changsha Co., Ltd. provides various commercial banking products and services to personal and business customers in China. It accepts demand, time, notice, agreement, and structured deposits, as well as certificates of deposits, as well as provides investment products and credit cards. The company also offers working capital, fixed asset, merger and acquisition, and operating property loans; equity pledge financing; subsidy, stock option, investment, and inclusive loans, as well as e-loans; corporate finance; and investment banking services, including urban development and industry funds, structured financing, debt financing plan, non-financial corporate debt financing instruments, asset securitization, financing guarantee, syndicated loans, and merger and acquisition financing services. In addition, it provides settlement services, such as cash management, fund custody, corporate Internet banking, wage payment, bill and exchange, VAT electronic invoice, and corporate e-bank services, as well as integrated financial service platform. Further, the company offers trade finance services, such as export bills, package loans, stock financing, export credit insurance, forfaiting, export collection bills, inward and outward remittance financing, customs duty guarantees, open letters of credit, import bills, import bills collection, letters of guarantees, and payment services; buyer and seller financing; letters of credit issuance, letters of credit notice, letters of credit review/negotiation, import and export documentary collection, and foreign and forward exchange guarantees; and spot foreign exchange settlement and sale, and RMB foreign exchange swap. The company was founded in 1997 and is headquartered in Changsha, China.

Fundamental data was last updated by Penke on 2024-03-27 11:33:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable 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 just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

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

1.1. Profitability of Bank of Changsha Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Bank of Changsha Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Bank of Changsha Co Ltd to the Banks - Regional industry mean.
  • A Net Profit Margin of 30.7% means that ¥0.31 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Bank of Changsha Co Ltd:

  • The MRQ is 30.7%. The company is making a huge profit. +2
  • The TTM is 29.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ30.7%TTM29.9%+0.9%
TTM29.9%YOY29.3%+0.5%
TTM29.9%5Y30.4%-0.5%
5Y30.4%10Y30.4%0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ30.7%18.4%+12.3%
TTM29.9%28.0%+1.9%
YOY29.3%25.2%+4.1%
5Y30.4%22.8%+7.6%
10Y30.4%19.8%+10.6%
1.1.2. Return on Assets

Shows how efficient Bank of Changsha Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Bank of Changsha Co Ltd to the Banks - Regional industry mean.
  • 0.2% Return on Assets means that Bank of Changsha Co Ltd generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Bank of Changsha Co Ltd:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%0.0%
TTM0.2%YOY0.2%0.0%
TTM0.2%5Y0.2%0.0%
5Y0.2%10Y0.2%0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%0.1%+0.1%
TTM0.2%0.2%0.0%
YOY0.2%0.2%0.0%
5Y0.2%0.2%+0.0%
10Y0.2%0.2%+0.0%
1.1.3. Return on Equity

Shows how efficient Bank of Changsha Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Bank of Changsha Co Ltd to the Banks - Regional industry mean.
  • 2.9% Return on Equity means Bank of Changsha Co Ltd generated ¥0.03 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Bank of Changsha Co Ltd:

  • The MRQ is 2.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.9%TTM2.9%0.0%
TTM2.9%YOY2.9%+0.0%
TTM2.9%5Y3.1%-0.2%
5Y3.1%10Y3.1%0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9%1.4%+1.5%
TTM2.9%2.5%+0.4%
YOY2.9%2.7%+0.2%
5Y3.1%2.5%+0.6%
10Y3.1%2.8%+0.3%

1.2. Operating Efficiency of Bank of Changsha Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Bank of Changsha Co Ltd is operating .

  • Measures how much profit Bank of Changsha 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 Bank of Changsha Co Ltd to the Banks - Regional 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 Bank of Changsha Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Bank of Changsha Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are ¥0.00 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Bank of Changsha Co Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.108-0.108
5Y0.10810Y0.1080.000

1.3. Liquidity of Bank of Changsha Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Bank of Changsha Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.00 means the company has ¥0.00 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Bank of Changsha Co Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.119-0.119
TTM0.119YOY0.259-0.140
TTM0.1195Y0.237-0.117
5Y0.23710Y0.2370.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.1190.124-0.005
YOY0.2590.225+0.034
5Y0.2370.219+0.018
10Y0.2370.131+0.106
1.3.2. Quick Ratio

Measures if Bank of Changsha 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 Bank of Changsha Co Ltd to the Banks - Regional industry mean.
  • A Quick Ratio of 0.00 means the company can pay off ¥0.00 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bank of Changsha Co Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.0000.000
TTM0.000YOY0.0000.000
TTM0.0005Y0.011-0.011
5Y0.01110Y0.0110.000

1.4. Solvency of Bank of Changsha Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Bank of Changsha Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Bank of Changsha Co Ltd to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.93 means that Bank of Changsha Co Ltd assets are financed with 93.4% credit (debt) and the remaining percentage (100% - 93.4%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.934. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.933. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.934TTM0.933+0.001
TTM0.933YOY0.930+0.003
TTM0.9335Y0.9330.000
5Y0.93310Y0.9330.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9340.915+0.019
TTM0.9330.917+0.016
YOY0.9300.919+0.011
5Y0.9330.919+0.014
10Y0.9330.927+0.006
1.4.2. Debt to Equity Ratio

Measures if Bank of Changsha Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Bank of Changsha Co Ltd to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 1,467.4% means that company has ¥14.67 debt for each ¥1 in shareholders equity.

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

  • The MRQ is 14.674. The company is unable to pay all its debts with equity. -1
  • The TTM is 14.455. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ14.674TTM14.455+0.219
TTM14.455YOY13.693+0.762
TTM14.4555Y14.517-0.061
5Y14.51710Y14.5170.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ14.67410.829+3.845
TTM14.45511.013+3.442
YOY13.69311.363+2.330
5Y14.51711.437+3.080
10Y14.51713.038+1.479

2. Market Valuation of Bank of Changsha 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 Bank of Changsha Co Ltd generates.

  • Above 15 is considered overpriced but always compare Bank of Changsha Co Ltd to the Banks - Regional industry mean.
  • A PE ratio of 4.37 means the investor is paying ¥4.37 for every ¥1 in earnings.

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

  • The EOD is 4.139. Based on the earnings, the company is cheap. +2
  • The MRQ is 4.373. Based on the earnings, the company is cheap. +2
  • The TTM is 4.244. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.139MRQ4.373-0.235
MRQ4.373TTM4.244+0.129
TTM4.244YOY4.680-0.436
TTM4.2445Y6.055-1.811
5Y6.05510Y6.0550.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD4.1397.491-3.352
MRQ4.3736.680-2.307
TTM4.2445.295-1.051
YOY4.6806.943-2.263
5Y6.0559.770-3.715
10Y6.0559.943-3.888
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 0.342. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.361. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -1.978. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD0.342MRQ0.361-0.019
MRQ0.361TTM-1.978+2.339
TTM-1.978YOY-0.940-1.038
TTM-1.9785Y-1.152-0.825
5Y-1.15210Y-1.1520.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.342-2.094+2.436
MRQ0.361-1.868+2.229
TTM-1.978-0.342-1.636
YOY-0.9406.448-7.388
5Y-1.1520.429-1.581
10Y-1.1520.091-1.243
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.49 means the investor is paying ¥0.49 for each ¥1 in book value.

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

  • The EOD is 0.465. Based on the equity, the company is cheap. +2
  • The MRQ is 0.492. Based on the equity, the company is cheap. +2
  • The TTM is 0.476. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.465MRQ0.492-0.026
MRQ0.492TTM0.476+0.016
TTM0.476YOY0.514-0.038
TTM0.4765Y0.726-0.250
5Y0.72610Y0.7260.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.4650.433+0.032
MRQ0.4920.386+0.106
TTM0.4760.470+0.006
YOY0.5140.642-0.128
5Y0.7260.795-0.069
10Y0.7261.025-0.299
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Bank of Changsha 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--0.4700.367+28%0.338+39%0.833-44%0.833-44%
Book Value Per Share--16.65116.062+4%14.617+14%12.540+33%12.540+33%
Current Ratio---0.119-100%0.259-100%0.237-100%0.237-100%
Debt To Asset Ratio--0.9340.933+0%0.930+0%0.933+0%0.933+0%
Debt To Equity Ratio--14.67414.455+2%13.693+7%14.517+1%14.517+1%
Dividend Per Share--0.3680.183+101%0.187+97%0.181+104%0.181+104%
Eps--0.4680.454+3%0.411+14%0.375+25%0.375+25%
Free Cash Flow Per Share--5.6703.163+79%-2.311+141%0.292+1840%0.292+1840%
Free Cash Flow To Equity Per Share--5.6704.710+20%-0.645+111%1.292+339%1.292+339%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--189.670--------
Intrinsic Value_10Y_min--158.196--------
Intrinsic Value_1Y_max--4.592--------
Intrinsic Value_1Y_min--4.502--------
Intrinsic Value_3Y_max--24.783--------
Intrinsic Value_3Y_min--23.438--------
Intrinsic Value_5Y_max--58.218--------
Intrinsic Value_5Y_min--53.091--------
Market Cap31167013120.000-6%32936525245.26030784993986.870+7%30171707039.385+9%33982114396.710-3%33982114396.710-3%
Net Profit Margin--0.3070.299+3%0.293+5%0.304+1%0.304+1%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%0.108-100%0.108-100%
Pb Ratio0.465-6%0.4920.476+3%0.514-4%0.726-32%0.726-32%
Pe Ratio4.139-6%4.3734.244+3%4.680-7%6.055-28%6.055-28%
Price Per Share7.750-6%8.1907.655+7%7.503+9%8.450-3%8.450-3%
Price To Free Cash Flow Ratio0.342-6%0.361-1.978+648%-0.940+360%-1.152+419%-1.152+419%
Price To Total Gains Ratio9.243-6%9.76816.081-39%17.408-44%19.914-51%19.914-51%
Quick Ratio---0.000-100%0.000-100%0.011-100%0.011-100%
Return On Assets--0.0020.002-2%0.002-6%0.002-8%0.002-8%
Return On Equity--0.0290.0290%0.029+0%0.031-7%0.031-7%
Total Gains Per Share--0.8380.551+52%0.524+60%1.013-17%1.013-17%
Usd Book Value--9267887076.8008939724587.800+4%8135754732.000+14%6979785499.160+33%6979785499.160+33%
Usd Book Value Change Per Share--0.0650.051+28%0.047+39%0.115-44%0.115-44%
Usd Book Value Per Share--2.3052.223+4%2.023+14%1.736+33%1.736+33%
Usd Dividend Per Share--0.0510.025+101%0.026+97%0.025+104%0.025+104%
Usd Eps--0.0650.063+3%0.057+14%0.052+25%0.052+25%
Usd Free Cash Flow--3155713621.6001760522528.400+79%-1286209085.800+141%162626276.440+1840%162626276.440+1840%
Usd Free Cash Flow Per Share--0.7850.438+79%-0.320+141%0.040+1840%0.040+1840%
Usd Free Cash Flow To Equity Per Share--0.7850.652+20%-0.089+111%0.179+339%0.179+339%
Usd Market Cap4313514615.808-6%4558415093.9444260643167.783+7%4175764254.251+9%4703124632.505-3%4703124632.505-3%
Usd Price Per Share1.073-6%1.1331.059+7%1.038+9%1.169-3%1.169-3%
Usd Profit--260570800.800252719230.400+3%228921904.000+14%208487593.800+25%208487593.800+25%
Usd Revenue--848270069.600843896422.000+1%779251927.200+9%689323503.160+23%689323503.160+23%
Usd Total Gains Per Share--0.1160.076+52%0.073+60%0.140-17%0.140-17%
 EOD+4 -4MRQTTM+22 -11YOY+25 -85Y+19 -1510Y+19 -15

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-154.139
Price to Book Ratio (EOD)Between0-10.465
Net Profit Margin (MRQ)Greater than00.307
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.934
Debt to Equity Ratio (MRQ)Less than114.674
Return on Equity (MRQ)Greater than0.150.029
Return on Assets (MRQ)Greater than0.050.002
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.491
Ma 20Greater thanMa 507.694
Ma 50Greater thanMa 1007.502
Ma 100Greater thanMa 2007.193
OpenGreater thanClose7.680
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets1,017,603,093
Total Liabilities950,638,591
Total Stockholder Equity64,783,904
 As reported
Total Liabilities 950,638,591
Total Stockholder Equity+ 64,783,904
Total Assets = 1,017,603,093

Assets

Total Assets1,017,603,093
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 75,153,550
Total Current Assets  (as reported)0
Total Current Assets  (calculated)75,153,550
+/- 75,153,550
Long-term Assets
Property Plant Equipment 2,909,380
Long Term Investments 425,351,601
Intangible Assets 1,610,122
Long-term Assets  (as reported)0
Long-term Assets  (calculated)429,871,103
+/- 429,871,103

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity64,783,904
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 30,289,272
Total Stockholder Equity (as reported)64,783,904
Total Stockholder Equity (calculated)30,289,272
+/- 34,494,632
Other
Capital Stock10,013,139
Common Stock Shares Outstanding 4,021,554
Net Debt 133,398,707
Net Invested Capital 267,344,576
Property Plant and Equipment Gross 2,909,380



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-31
> Total Assets 
526,629,685
571,641,369
578,105,849
591,913,352
601,997,736
619,829,350
650,479,424
684,249,467
704,234,728
734,953,564
759,219,743
786,600,815
796,150,318
826,535,227
859,964,984
878,673,018
904,733,493
954,443,695
998,247,970
1,017,603,093
1,017,603,093998,247,970954,443,695904,733,493878,673,018859,964,984826,535,227796,150,318786,600,815759,219,743734,953,564704,234,728684,249,467650,479,424619,829,350601,997,736591,913,352578,105,849571,641,369526,629,685
   > Total Current Assets 
81,750,106
141,854,292
129,340,538
123,966,887
137,639,854
141,019,613
153,541,504
148,843,919
150,832,339
151,505,329
156,872,516
169,290,275
167,576,019
173,406,043
191,121,315
174,396,276
199,206,499
0
208,864,819
0
0208,864,8190199,206,499174,396,276191,121,315173,406,043167,576,019169,290,275156,872,516151,505,329150,832,339148,843,919153,541,504141,019,613137,639,854123,966,887129,340,538141,854,29281,750,106
       Cash And Cash Equivalents 
7,664,434
6,123,249
50,157,996
4,810,700
55,341,666
6,066,108
56,440,620
9,887,918
62,988,697
60,394,819
61,862,386
68,464,723
611,234,257
629,282,477
71,752,995
64,249,044
77,190,630
79,070,219
73,186,124
75,153,550
75,153,55073,186,12479,070,21977,190,63064,249,04471,752,995629,282,477611,234,25768,464,72361,862,38660,394,81962,988,6979,887,91856,440,6206,066,10855,341,6664,810,70050,157,9966,123,2497,664,434
       Short-term Investments 
11,372,312
32,747,006
10,979,121
34,091,247
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000034,091,24710,979,12132,747,00611,372,312
       Net Receivables 
87,881
0
128,567
0
108,854
4,948,066
623,659
0
328,200
0
274,204
0
287,625
0
436,543
0
226,317
0
377,068
0
0377,0680226,3170436,5430287,6250274,2040328,2000623,6594,948,066108,8540128,567087,881
       Inventory 
404,354
0
385,590
0
421,377
0
426,770
0
407,391
0
404,226
0
302,033
0
283,002
0
259,532
0
259,828
0
0259,8280259,5320283,0020302,0330404,2260407,3910426,7700421,3770385,5900404,354
       Other Current Assets 
41,503,446
0
37,350,856
0
38,112,568
0
39,543,777
0
42,112,083
0
43,646,623
0
41,050,976
0
42,866,473
0
45,038,438
0
46,911,555
0
046,911,555045,038,438042,866,473041,050,976043,646,623042,112,083039,543,777038,112,568037,350,856041,503,446
   > Long-term Assets 00000000000000000000
       Property Plant Equipment 
1,531,694
1,515,788
1,481,281
1,502,844
1,555,187
1,545,247
1,567,895
1,585,538
1,801,261
3,143,119
3,128,827
3,199,154
3,048,419
3,070,439
3,083,380
3,126,167
3,205,085
3,148,052
3,029,499
2,909,380
2,909,3803,029,4993,148,0523,205,0853,126,1673,083,3803,070,4393,048,4193,199,1543,128,8273,143,1191,801,2611,585,5381,567,8951,545,2471,555,1871,502,8441,481,2811,515,7881,531,694
       Long Term Investments 
242,217,883
281,126,053
285,440,575
293,343,965
282,797,621
289,391,166
297,013,628
309,948,467
325,975,801
340,926,305
348,723,241
356,688,479
359,145,068
365,599,952
377,676,106
387,908,018
384,820,325
406,166,104
419,298,292
425,351,601
425,351,601419,298,292406,166,104384,820,325387,908,018377,676,106365,599,952359,145,068356,688,479348,723,241340,926,305325,975,801309,948,467297,013,628289,391,166282,797,621293,343,965285,440,575281,126,053242,217,883
       Intangible Assets 
440,841
423,776
436,614
423,156
615,084
598,793
586,339
581,360
622,018
613,161
524,741
537,370
854,300
835,539
822,090
1,259,842
1,544,413
1,547,579
1,582,575
1,610,122
1,610,1221,582,5751,547,5791,544,4131,259,842822,090835,539854,300537,370524,741613,161622,018581,360586,339598,793615,084423,156436,614423,776440,841
> Total Liabilities 
494,848,541
538,663,912
544,882,662
557,127,125
560,164,510
576,230,283
606,850,324
639,379,768
658,512,218
681,746,251
705,347,298
730,973,630
739,504,359
768,031,035
801,034,854
817,615,879
842,561,236
890,281,010
933,173,871
950,638,591
950,638,591933,173,871890,281,010842,561,236817,615,879801,034,854768,031,035739,504,359730,973,630705,347,298681,746,251658,512,218639,379,768606,850,324576,230,283560,164,510557,127,125544,882,662538,663,912494,848,541
   > Total Current Liabilities 
476,941,709
417,245,775
528,859,742
422,730,178
545,822,940
437,971,086
591,322,908
512,898,228
632,753,628
525,319,788
677,940,263
580,988,200
710,730,915
616,295,293
764,334,781
648,785,138
809,234,128
0
901,878,720
0
0901,878,7200809,234,128648,785,138764,334,781616,295,293710,730,915580,988,200677,940,263525,319,788632,753,628512,898,228591,322,908437,971,086545,822,940422,730,178528,859,742417,245,775476,941,709
       Short-term Debt 
1,733,760
0
7,394,332
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000007,394,33201,733,760
       Short Long Term Debt 
1,733,760
0
7,394,332
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000007,394,33201,733,760
       Accounts payable 
359,615,886
403,898,579
381,778,326
392,916,677
401,287,812
424,354,399
454,771,219
489,564,206
479,058,009
488,729,301
499,014,855
523,743,792
535,850,332
560,696,943
557,433,338
593,124,176
607,182,308
0
633,790,203
0
0633,790,2030607,182,308593,124,176557,433,338560,696,943535,850,332523,743,792499,014,855488,729,301479,058,009489,564,206454,771,219424,354,399401,287,812392,916,677381,778,326403,898,579359,615,886
       Other Current Liabilities 
787,580
1,183,621
2,506,666
1,372,907
1,135,253
1,805,923
3,110,919
1,948,701
1,849,784
2,684,270
3,305,461
2,312,336
1,536,732
2,029,650
2,770,828
2,474,644
2,566,887
0
3,403,536
0
03,403,53602,566,8872,474,6442,770,8282,029,6501,536,7322,312,3363,305,4612,684,2701,849,7841,948,7013,110,9191,805,9231,135,2531,372,9072,506,6661,183,621787,580
   > Long-term Liabilities 00000000000000000000
       Deferred Long Term Liability 
309,745
0
270,603
0
322,631
0
298,298
0
335,991
0
298,659
0
363,581
0
319,447
0
318,215
0
309,923
0
0309,9230318,2150319,4470363,5810298,6590335,9910298,2980322,6310270,6030309,745
> Total Stockholder Equity
30,995,770
31,894,356
32,167,741
33,675,427
40,632,699
42,367,346
42,373,346
43,520,411
44,333,312
51,784,247
52,405,156
54,062,815
55,021,967
56,815,820
57,180,137
59,219,213
60,243,137
62,122,519
62,924,617
64,783,904
64,783,90462,924,61762,122,51960,243,13759,219,21357,180,13756,815,82055,021,96754,062,81552,405,15651,784,24744,333,31243,520,41142,373,34642,367,34640,632,69933,675,42732,167,74131,894,35630,995,770
   Common Stock
3,421,554
3,421,554
3,421,554
3,421,554
3,421,554
3,421,554
3,421,554
3,421,554
3,421,554
4,021,554
4,021,554
4,021,554
4,021,554
4,021,554
4,021,554
4,021,554
4,021,554
0
4,021,554
0
04,021,55404,021,5544,021,5544,021,5544,021,5544,021,5544,021,5544,021,5544,021,5543,421,5543,421,5543,421,5543,421,5543,421,5543,421,5543,421,5543,421,5543,421,554
   Retained Earnings 
21,406,616
13,743,871
14,088,624
15,564,912
25,022,112
26,555,332
26,799,454
28,175,363
28,947,616
30,558,597
31,141,265
32,700,645
33,647,095
35,468,360
35,821,300
37,591,342
38,732,806
27,831,626
41,287,085
30,289,272
30,289,27241,287,08527,831,62638,732,80637,591,34235,821,30035,468,36033,647,09532,700,64531,141,26530,558,59728,947,61628,175,36326,799,45426,555,33225,022,11215,564,91214,088,62413,743,87121,406,616
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
267,423
418,496
232,603
264,001
297,271
498,698
260,249
31,405
72,053
34,486
72,728
171,006
183,709
156,297
174,065
436,708
319,168
0
446,369
0
0446,3690319,168436,708174,065156,297183,709171,00672,72834,48672,05331,405260,249498,698297,271264,001232,603418,496267,423



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 (+$)
totalRevenue24,390,070
Cost of Revenue--
Gross Profit-24,390,070
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative6,697,631
Selling And Marketing Expenses-
Operating Expense-6,697,631
 
Net Interest Income (+$)
Interest Income39,293,055
Interest Expense-19,410,870
Other Finance Cost-0
Net Interest Income19,882,185
 
Pretax Income (+$)
Operating Income-
Net Interest Income19,882,185
Other Non-Operating Income Expenses-
Income Before Tax (EBT)9,232,7770
EBIT - interestExpense = -19,410,870
7,304,024
26,714,894
Interest Expense19,410,870
Earnings Before Interest and Taxes (EBIT)-28,643,647
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax9,232,777
Tax Provision-1,561,385
Net Income From Continuing Ops7,671,3927,671,392
Net Income7,304,024
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--19,882,185
 

Technical Analysis of Bank of Changsha 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 Bank of Changsha Co Ltd. The general trend of Bank of Changsha Co Ltd is BULLISH with 71.4% 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 Bank of Changsha 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 (71.4%) Bearish trend (-71.4%)
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 Bank of Changsha 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: 7.89 < 8.12 < 8.32.

The bearish price targets are: 7.5 > 7.42 > 6.9.

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Bank of Changsha 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 Bank of Changsha Co Ltd. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-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 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 above 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 lower 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 lower 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

Bank of Changsha 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 Bank of Changsha Co Ltd. The current macd is 0.0681856.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Bank of Changsha Co Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Bank of Changsha Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Bank of Changsha Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Bank of Changsha Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartBank of Changsha 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 Bank of Changsha Co Ltd. The current adx is 22.29.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Bank of Changsha Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Bank of Changsha 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 Bank of Changsha Co Ltd. The current sar is 7.516236.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Bank of Changsha 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 Bank of Changsha Co Ltd. The current rsi is 54.49. The current phase is Continuation in bull 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).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Bank of Changsha Co Ltd Daily Relative Strength Index (RSI) ChartBank of Changsha 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 Bank of Changsha Co Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Bank of Changsha Co Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Bank of Changsha Co Ltd Daily Stochastic Oscillator ChartBank of Changsha 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 Bank of Changsha Co Ltd. The current cci is 51.71.

Bank of Changsha Co Ltd Daily Commodity Channel Index (CCI) ChartBank of Changsha 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 Bank of Changsha Co Ltd. The current cmo is 6.32269184.

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
Bank of Changsha Co Ltd Daily Chande Momentum Oscillator (CMO) ChartBank of Changsha 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 Bank of Changsha Co Ltd. The current willr is -39.02439024.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Bank of Changsha Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Bank of Changsha Co Ltd Daily Williams %R ChartBank of Changsha 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 Bank of Changsha Co Ltd.

Bank of Changsha 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 Bank of Changsha Co Ltd. The current atr is 0.14784813.

Bank of Changsha Co Ltd Daily Average True Range (ATR) ChartBank of Changsha 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 Bank of Changsha Co Ltd. The current obv is 244,562,901.

Bank of Changsha Co Ltd Daily On-Balance Volume (OBV) ChartBank of Changsha 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 Bank of Changsha Co Ltd. The current mfi is 52.09.

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
Bank of Changsha Co Ltd Daily Money Flow Index (MFI) ChartBank of Changsha Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Bank of Changsha 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
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-14MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-27SAR 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
2023-11-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-28CMO 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-17RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12SAR 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
2024-03-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO 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
2024-03-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Bank of Changsha Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.491
Ma 20Greater thanMa 507.694
Ma 50Greater thanMa 1007.502
Ma 100Greater thanMa 2007.193
OpenGreater thanClose7.680
Total3/5 (60.0%)
Penke

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