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Chengdu Gas Group Co Ltd
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Let's analyse Chengdu Gas Group Co Ltd together

PenkeI guess you are interested in Chengdu Gas Group Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Chengdu Gas Group Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Chengdu Gas Group Co Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
¥0.05
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥5.18
Expected worth in 1 year
¥5.53
How sure are you?
77.8%

+ What do you gain per year?

Total Gains per Share
¥0.68
Return On Investment
7.3%

For what price can you sell your share?

Current Price per Share
¥9.28
Expected price per share
¥7.98 - ¥9.89
How sure are you?
50%

1. Valuation of Chengdu Gas Group Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥9.28

Intrinsic Value Per Share

¥12.31 - ¥14.54

Total Value Per Share

¥17.49 - ¥19.72

2. Growth of Chengdu Gas Group Co Ltd (5 min.)




Is Chengdu Gas Group Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$637.3m$578.2m$48.9m7.8%

How much money is Chengdu Gas Group Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$17.4m$16.4m$1m5.9%
Net Profit Margin10.0%10.3%--

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

3. Financial Health of Chengdu Gas Group Co Ltd (5 min.)




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

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

What can you expect buying and holding a share of Chengdu Gas Group Co Ltd?

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

Speculation

The Price per Share of Chengdu Gas Group Co Ltd is ¥9.28. 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 Chengdu Gas Group Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Chengdu Gas Group Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥5.18. Based on the TTM, the Book Value Change Per Share is ¥0.09 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.09 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 ¥0.08 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Chengdu Gas Group Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.020.2%0.020.2%0.020.2%0.020.2%0.020.2%
Usd Book Value Change Per Share0.020.2%0.010.1%0.010.1%0.040.4%0.040.4%
Usd Dividend Per Share0.040.4%0.010.1%0.010.1%0.010.1%0.010.1%
Usd Total Gains Per Share0.060.6%0.020.3%0.020.3%0.050.5%0.050.5%
Usd Price Per Share1.41-1.35-1.33-1.43-1.43-
Price to Earnings Ratio22.63-20.65-25.09-27.44-27.44-
Price-to-Total Gains Ratio23.87-12.79-7.04-26.80-26.80-
Price to Book Ratio1.96-1.91-2.05-2.31-2.31-
Price-to-Total Gains Ratio23.87-12.79-7.04-26.80-26.80-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.284352
Number of shares778
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.010.04
Usd Total Gains Per Share0.020.05
Gains per Quarter (778 shares)18.2238.19
Gains per Year (778 shares)72.88152.75
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
135386329124143
2707613658248296
310511320986372449
4140151282115496602
5175189355144620755
6210227428173744908
72462655012018681061
82813025742309921214
931634064725911161367
1035137872028812401520

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%18.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%14.04.00.077.8%14.04.00.077.8%14.04.00.077.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%14.04.00.077.8%14.04.00.077.8%14.04.00.077.8%

Fundamentals of Chengdu Gas Group Co Ltd

About Chengdu Gas Group Co Ltd

Chengdu Gas Group Corporation Ltd. engages in the urban gas supply business in China. It also engages in the planning, design, construction installation, transmission and distribution, application, management of gas; gas intelligent system research and development; and equipment manufacturing businesses. In addition, the company offers gas equipment, pressure vessels, metering testing device, and gas appliances and equipment. It operates a pipeline network of 9,870 kilometers, 19 gas storage and gas distribution stations, and 18,400 pressure regulation facilities serving approximately 3.11 million resident customers. The company was formerly known as Chengdu Gas Company. Chengdu Gas Group Corporation Ltd. was founded in 1967 and is based in Chengdu, China.

Fundamental data was last updated by Penke on 2024-03-27 20:57:04.

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 just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Chengdu Gas Group Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Chengdu Gas Group Co Ltd to the Utilities - Regulated Gas industry mean.
  • A Net Profit Margin of 10.0% means that ¥0.10 for each ¥1 in revenue is generated as profit.

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

  • The MRQ is 10.0%. The company is making a huge profit. +2
  • The TTM is 10.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ10.0%TTM10.0%+0.1%
TTM10.0%YOY10.3%-0.3%
TTM10.0%5Y10.6%-0.7%
5Y10.6%10Y10.6%0.0%
1.1.2. Return on Assets

Shows how efficient Chengdu Gas Group Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Chengdu Gas Group Co Ltd to the Utilities - Regulated Gas industry mean.
  • 1.3% Return on Assets means that Chengdu Gas Group Co Ltd generated ¥0.01 profit for each $1 in assets.

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

  • The MRQ is 1.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.3%TTM1.7%-0.4%
TTM1.7%YOY1.7%0.0%
TTM1.7%5Y1.8%-0.1%
5Y1.8%10Y1.8%0.0%
1.1.3. Return on Equity

Shows how efficient Chengdu Gas Group Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Chengdu Gas Group Co Ltd to the Utilities - Regulated Gas industry mean.
  • 2.3% Return on Equity means Chengdu Gas Group Co Ltd generated ¥0.02 for each ¥1 the owners (shareholders) invested.

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

  • The MRQ is 2.3%. 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+/- 
MRQ2.3%TTM2.9%-0.6%
TTM2.9%YOY2.9%+0.0%
TTM2.9%5Y3.3%-0.3%
5Y3.3%10Y3.3%0.0%

1.2. Operating Efficiency of Chengdu Gas Group Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Chengdu Gas Group Co Ltd is operating .

  • Measures how much profit Chengdu Gas Group Co Ltd makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Chengdu Gas Group Co Ltd to the Utilities - Regulated Gas 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 Chengdu Gas Group Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM6.1%-6.1%
TTM6.1%YOY7.8%-1.6%
TTM6.1%5Y10.1%-4.0%
5Y10.1%10Y10.1%0.0%
1.2.2. Operating Ratio

Measures how efficient Chengdu Gas Group Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Regulated Gas industry mean).
  • An Operation Ratio of 1.70 means that the operating costs are ¥1.70 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Chengdu Gas Group Co Ltd:

  • The MRQ is 1.701. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.708. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.701TTM1.708-0.008
TTM1.708YOY1.738-0.030
TTM1.7085Y1.704+0.005
5Y1.70410Y1.7040.000

1.3. Liquidity of Chengdu Gas Group Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Chengdu Gas Group Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Regulated Gas industry mean).
  • A Current Ratio of 1.08 means the company has ¥1.08 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Chengdu Gas Group Co Ltd:

  • The MRQ is 1.075. The company is just able to pay all its short-term debts.
  • The TTM is 1.081. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.075TTM1.081-0.005
TTM1.081YOY1.024+0.056
TTM1.0815Y0.996+0.085
5Y0.99610Y0.9960.000
1.3.2. Quick Ratio

Measures if Chengdu Gas Group Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Chengdu Gas Group Co Ltd to the Utilities - Regulated Gas industry mean.
  • A Quick Ratio of 0.20 means the company can pay off ¥0.20 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Chengdu Gas Group Co Ltd:

  • The MRQ is 0.197. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.240. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.197TTM0.240-0.043
TTM0.240YOY0.282-0.043
TTM0.2405Y0.177+0.063
5Y0.17710Y0.1770.000

1.4. Solvency of Chengdu Gas Group Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Chengdu Gas Group Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Chengdu Gas Group Co Ltd to Utilities - Regulated Gas industry mean.
  • A Debt to Asset Ratio of 0.42 means that Chengdu Gas Group Co Ltd assets are financed with 41.9% credit (debt) and the remaining percentage (100% - 41.9%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.419. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.403. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.419TTM0.403+0.016
TTM0.403YOY0.400+0.003
TTM0.4035Y0.431-0.028
5Y0.43110Y0.4310.000
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Chengdu Gas Group Co Ltd to the Utilities - Regulated Gas industry mean.
  • A Debt to Equity ratio of 76.4% means that company has ¥0.76 debt for each ¥1 in shareholders equity.

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

  • The MRQ is 0.764. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.717. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.764TTM0.717+0.047
TTM0.717YOY0.692+0.025
TTM0.7175Y0.803-0.086
5Y0.80310Y0.8030.000

2. Market Valuation of Chengdu Gas Group Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings Chengdu Gas Group Co Ltd generates.

  • Above 15 is considered overpriced but always compare Chengdu Gas Group Co Ltd to the Utilities - Regulated Gas industry mean.
  • A PE ratio of 22.63 means the investor is paying ¥22.63 for every ¥1 in earnings.

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

  • The EOD is 20.631. Based on the earnings, the company is fair priced.
  • The MRQ is 22.631. Based on the earnings, the company is fair priced.
  • The TTM is 20.647. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD20.631MRQ22.631-2.001
MRQ22.631TTM20.647+1.984
TTM20.647YOY25.087-4.440
TTM20.6475Y27.438-6.791
5Y27.43810Y27.4380.000
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 4.452. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.883. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 89.419. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD4.452MRQ4.883-0.432
MRQ4.883TTM89.419-84.536
TTM89.419YOY6.218+83.201
TTM89.4195Y28.984+60.436
5Y28.98410Y28.9840.000
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Utilities - Regulated Gas industry mean).
  • A PB ratio of 1.96 means the investor is paying ¥1.96 for each ¥1 in book value.

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

  • The EOD is 1.791. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.965. Based on the equity, the company is underpriced. +1
  • The TTM is 1.912. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.791MRQ1.965-0.174
MRQ1.965TTM1.912+0.052
TTM1.912YOY2.048-0.135
TTM1.9125Y2.312-0.400
5Y2.31210Y2.3120.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Chengdu Gas Group Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1270.088+44%0.087+45%0.288-56%0.288-56%
Book Value Per Share--5.1815.098+2%4.700+10%4.391+18%4.391+18%
Current Ratio--1.0751.0810%1.024+5%0.996+8%0.996+8%
Debt To Asset Ratio--0.4190.403+4%0.400+5%0.431-3%0.431-3%
Debt To Equity Ratio--0.7640.717+7%0.692+10%0.803-5%0.803-5%
Dividend Per Share--0.3000.081+268%0.083+263%0.067+349%0.067+349%
Eps--0.1120.130-13%0.132-15%0.130-13%0.130-13%
Free Cash Flow Per Share--0.5210.285+83%0.106+391%0.173+201%0.173+201%
Free Cash Flow To Equity Per Share--0.5210.275+90%0.024+2072%0.115+352%0.115+352%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--14.538--------
Intrinsic Value_10Y_min--12.313--------
Intrinsic Value_1Y_max--0.794--------
Intrinsic Value_1Y_min--0.779--------
Intrinsic Value_3Y_max--2.890--------
Intrinsic Value_3Y_min--2.749--------
Intrinsic Value_5Y_max--5.596--------
Intrinsic Value_5Y_min--5.150--------
Market Cap8248899051.520-10%9048900200.0008666677500.000+4%8542232900.000+6%9180752216.667-1%9180752216.667-1%
Net Profit Margin--0.1000.100+1%0.103-3%0.106-6%0.106-6%
Operating Margin---0.061-100%0.078-100%0.101-100%0.101-100%
Operating Ratio--1.7011.7080%1.738-2%1.7040%1.7040%
Pb Ratio1.791-10%1.9651.912+3%2.048-4%2.312-15%2.312-15%
Pe Ratio20.631-10%22.63120.647+10%25.087-10%27.438-18%27.438-18%
Price Per Share9.280-10%10.1809.750+4%9.610+6%10.328-1%10.328-1%
Price To Free Cash Flow Ratio4.452-10%4.88389.419-95%6.218-21%28.984-83%28.984-83%
Price To Total Gains Ratio21.764-10%23.87512.789+87%7.045+239%26.801-11%26.801-11%
Quick Ratio--0.1970.240-18%0.282-30%0.177+11%0.177+11%
Return On Assets--0.0130.017-24%0.017-26%0.018-28%0.018-28%
Return On Equity--0.0230.029-22%0.029-22%0.033-30%0.033-30%
Total Gains Per Share--0.4260.169+152%0.170+151%0.355+20%0.355+20%
Usd Book Value--637399157.830627152062.961+2%578211483.146+10%540241746.095+18%540241746.095+18%
Usd Book Value Change Per Share--0.0180.012+44%0.012+45%0.040-56%0.040-56%
Usd Book Value Per Share--0.7170.706+2%0.650+10%0.608+18%0.608+18%
Usd Dividend Per Share--0.0420.011+268%0.011+263%0.009+349%0.009+349%
Usd Eps--0.0160.018-13%0.018-15%0.018-13%0.018-13%
Usd Free Cash Flow--64113693.61535097809.049+83%13069437.096+391%21325216.250+201%21325216.250+201%
Usd Free Cash Flow Per Share--0.0720.039+83%0.015+391%0.024+201%0.024+201%
Usd Free Cash Flow To Equity Per Share--0.0720.038+90%0.003+2072%0.016+352%0.016+352%
Usd Market Cap1141647628.730-10%1252367787.6801199468166.000+4%1182245033.360+6%1270616106.787-1%1270616106.787-1%
Usd Price Per Share1.284-10%1.4091.349+4%1.330+6%1.429-1%1.429-1%
Usd Profit--13834446.36217493478.712-21%16459800.643-16%16485098.756-16%16485098.756-16%
Usd Revenue--137927825.352177254643.535-22%159066597.402-13%157875416.202-13%157875416.202-13%
Usd Total Gains Per Share--0.0590.023+152%0.024+151%0.049+20%0.049+20%
 EOD+4 -4MRQTTM+21 -14YOY+23 -125Y+21 -1410Y+21 -14

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1520.631
Price to Book Ratio (EOD)Between0-11.791
Net Profit Margin (MRQ)Greater than00.100
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.197
Current Ratio (MRQ)Greater than11.075
Debt to Asset Ratio (MRQ)Less than10.419
Debt to Equity Ratio (MRQ)Less than10.764
Return on Equity (MRQ)Greater than0.150.023
Return on Assets (MRQ)Greater than0.050.013
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.813
Ma 20Greater thanMa 509.352
Ma 50Greater thanMa 1009.364
Ma 100Greater thanMa 2009.896
OpenGreater thanClose9.150
Total0/5 (0.0%)



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  14,86924,66439,533-25,64213,89192214,813-77,409-62,596



Latest Balance Sheet

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

Summary
Total Assets7,923,378
Total Liabilities3,317,892
Total Stockholder Equity4,342,116
 As reported
Total Liabilities 3,317,892
Total Stockholder Equity+ 4,342,116
Total Assets = 7,923,378

Assets

Total Assets7,923,378
Total Current Assets3,315,226
Long-term Assets4,608,151
Total Current Assets
Cash And Cash Equivalents 2,423,662
Short-term Investments 490,321
Net Receivables 117,193
Inventory 118,296
Other Current Assets 3,952
Total Current Assets  (as reported)3,315,226
Total Current Assets  (calculated)3,153,423
+/- 161,803
Long-term Assets
Property Plant Equipment 3,443,661
Goodwill 66,603
Intangible Assets 569,587
Long-term Assets  (as reported)4,608,151
Long-term Assets  (calculated)4,079,851
+/- 528,301

Liabilities & Shareholders' Equity

Total Current Liabilities3,083,350
Long-term Liabilities234,542
Total Stockholder Equity4,342,116
Total Current Liabilities
Accounts payable 1,346,329
Other Current Liabilities 19,459
Total Current Liabilities  (as reported)3,083,350
Total Current Liabilities  (calculated)1,365,789
+/- 1,717,562
Long-term Liabilities
Long term Debt 1,380
Capital Lease Obligations Min Short Term Debt560
Long-term Liabilities  (as reported)234,542
Long-term Liabilities  (calculated)1,940
+/- 232,601
Total Stockholder Equity
Retained Earnings 1,749,263
Total Stockholder Equity (as reported)4,342,116
Total Stockholder Equity (calculated)1,749,263
+/- 2,592,853
Other
Capital Stock888,890
Common Stock Shares Outstanding 888,890
Net Invested Capital 4,343,496
Net Working Capital 231,876
Property Plant and Equipment Gross 3,443,661



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-30
> Total Assets 
5,386,769
5,638,879
6,695,068
6,718,216
6,556,998
6,704,095
6,649,914
6,724,438
6,899,184
6,675,302
6,663,423
6,853,128
7,190,504
7,156,083
7,317,540
7,315,285
7,816,947
7,923,378
7,923,3787,816,9477,315,2857,317,5407,156,0837,190,5046,853,1286,663,4236,675,3026,899,1846,724,4386,649,9146,704,0956,556,9986,718,2166,695,0685,638,8795,386,769
   > Total Current Assets 
1,754,519
1,976,657
2,858,926
2,901,748
2,716,494
2,552,179
2,384,949
2,438,918
2,686,962
2,386,351
2,331,185
2,519,078
2,808,032
2,782,134
2,764,988
2,778,721
3,178,422
3,315,226
3,315,2263,178,4222,778,7212,764,9882,782,1342,808,0322,519,0782,331,1852,386,3512,686,9622,438,9182,384,9492,552,1792,716,4942,901,7482,858,9261,976,6571,754,519
       Cash And Cash Equivalents 
855,524
1,039,695
2,016,800
1,886,212
2,179,092
2,004,644
1,866,982
1,897,325
2,160,058
1,776,946
1,383,596
1,528,806
1,591,471
1,716,485
1,672,283
1,702,941
2,128,581
2,423,662
2,423,6622,128,5811,702,9411,672,2831,716,4851,591,4711,528,8061,383,5961,776,9462,160,0581,897,3251,866,9822,004,6442,179,0921,886,2122,016,8001,039,695855,524
       Short-term Investments 
0
0
0
0
0
0
0
0
0
100,000
400,000
400,000
601,800
403,550
440,000
642,006
611,996
490,321
490,321611,996642,006440,000403,550601,800400,000400,000100,000000000000
       Net Receivables 
265,882
237,841
248,361
442,595
316,320
286,446
213,539
261,236
249,364
201,422
187,427
285,442
285,363
326,347
136,113
90,063
121,296
117,193
117,193121,29690,063136,113326,347285,363285,442187,427201,422249,364261,236213,539286,446316,320442,595248,361237,841265,882
       Inventory 
351,335
374,766
351,727
327,890
45,794
47,272
94,534
95,919
94,014
102,429
88,459
114,974
125,474
126,084
88,713
100,647
111,459
118,296
118,296111,459100,64788,713126,084125,474114,97488,459102,42994,01495,91994,53447,27245,794327,890351,727374,766351,335
       Other Current Assets 
52,930
53,269
241,056
244,330
174,334
213,092
208,826
183,711
182,468
204,859
270,258
189,857
201,712
208,997
236,074
2,324
203,686
3,952
3,952203,6862,324236,074208,997201,712189,857270,258204,859182,468183,711208,826213,092174,334244,330241,05653,26952,930
   > Long-term Assets 
3,632,251
3,662,222
3,836,142
3,816,468
3,840,504
4,151,916
4,264,965
4,285,520
4,212,222
4,288,952
4,321,162
4,334,050
4,382,472
4,373,949
4,552,553
4,536,563
4,638,525
4,608,151
4,608,1514,638,5254,536,5634,552,5534,373,9494,382,4724,334,0504,321,1624,288,9524,212,2224,285,5204,264,9654,151,9163,840,5043,816,4683,836,1423,662,2223,632,251
       Property Plant Equipment 
0
3,018,613
3,166,713
3,149,101
3,124,629
3,170,220
3,264,370
3,283,624
3,226,804
3,224,396
3,224,429
3,265,201
3,360,471
3,332,180
3,388,019
3,375,701
3,482,411
3,443,661
3,443,6613,482,4113,375,7013,388,0193,332,1803,360,4713,265,2013,224,4293,224,3963,226,8043,283,6243,264,3703,170,2203,124,6293,149,1013,166,7133,018,6130
       Goodwill 
13,333
13,333
13,333
13,333
13,333
257,404
66,603
66,603
66,603
66,603
66,603
66,603
66,603
66,603
66,603
66,603
66,603
66,603
66,60366,60366,60366,60366,60366,60366,60366,60366,60366,60366,60366,603257,40413,33313,33313,33313,33313,333
       Intangible Assets 
8,705
275,013
273,719
270,226
266,645
265,228
456,148
453,655
452,047
476,006
456,373
471,628
467,501
479,744
594,386
584,586
576,697
569,587
569,587576,697584,586594,386479,744467,501471,628456,373476,006452,047453,655456,148265,228266,645270,226273,719275,0138,705
       Long-term Assets Other 
16,092
12,938
19,347
20,821
13,585
3,185,073
15,275
16,014
15,407
1,134
0
0
0
0
0
0
0
0
000000001,13415,40716,01415,2753,185,07313,58520,82119,34712,93816,092
> Total Liabilities 
2,803,651
2,917,797
3,100,697
2,973,992
2,972,248
2,999,803
2,910,770
2,798,296
3,053,972
2,692,083
2,634,089
2,634,287
3,020,835
2,862,612
2,907,341
2,698,223
3,323,911
3,317,892
3,317,8923,323,9112,698,2232,907,3412,862,6123,020,8352,634,2872,634,0892,692,0833,053,9722,798,2962,910,7702,999,8032,972,2482,973,9923,100,6972,917,7972,803,651
   > Total Current Liabilities 
2,453,041
2,559,315
2,730,257
2,571,473
2,547,755
2,576,082
2,667,678
2,556,351
2,809,098
2,442,844
2,393,909
2,396,954
2,776,432
2,620,522
2,540,754
2,459,122
3,089,456
3,083,350
3,083,3503,089,4562,459,1222,540,7542,620,5222,776,4322,396,9542,393,9092,442,8442,809,0982,556,3512,667,6782,576,0822,547,7552,571,4732,730,2572,559,3152,453,041
       Short Long Term Debt 
30,000
30,000
40,000
50,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000050,00040,00030,00030,000
       Accounts payable 
1,146,077
1,179,104
891,873
1,221,419
688,705
1,094,200
729,258
1,141,547
640,609
1,102,542
1,074,639
1,031,297
1,102,195
1,067,296
1,183,859
1,128,112
1,312,179
1,346,329
1,346,3291,312,1791,128,1121,183,8591,067,2961,102,1951,031,2971,074,6391,102,542640,6091,141,547729,2581,094,200688,7051,221,419891,8731,179,1041,146,077
       Other Current Liabilities 
3,334
3,314
1,185,794
1,206,134
1,337,738
1,299,666
1,016,758
1,087,229
1,362,482
1,160,119
1,128,079
1,269,512
1,534,106
1,397,977
21,444
1,251,075
1,643,653
19,459
19,4591,643,6531,251,07521,4441,397,9771,534,1061,269,5121,128,0791,160,1191,362,4821,087,2291,016,7581,299,6661,337,7381,206,1341,185,7943,3143,334
   > Long-term Liabilities 
350,609
358,482
370,439
402,519
424,493
423,720
243,091
241,945
244,874
249,239
237,100
237,333
244,402
242,091
247,430
239,101
234,569
234,542
234,542234,569239,101247,430242,091244,402237,333237,100249,239244,874241,945243,091423,720424,493402,519370,439358,482350,609
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
1,761
1,576
1,430
1,196
1,187
1,388
1,146
829
789
704
560
5607047898291,1461,3881,1871,1961,4301,5761,7610000000
       Long-term Liabilities Other 
237,446
236,508
236,177
235,384
235,176
0
0
58,397
0
58,397
58,397
58,397
0
0
0
0
59,978
0
059,978000058,39758,39758,397058,39700235,176235,384236,177236,508237,446
       Deferred Long Term Liability 
0
14,685
18,907
16,860
14,352
13,370
12,884
11,854
11,620
10,855
10,997
10,881
12,159
12,716
12,887
11,453
0
0
0011,45312,88712,71612,15910,88110,99710,85511,62011,85412,88413,37014,35216,86018,90714,6850
> Total Stockholder Equity
2,371,964
2,497,093
3,439,253
3,577,894
3,478,049
3,598,790
3,639,884
3,829,696
3,745,082
3,881,400
3,966,631
4,099,471
3,974,859
4,077,382
4,162,077
4,347,975
4,234,078
4,342,116
4,342,1164,234,0784,347,9754,162,0774,077,3823,974,8594,099,4713,966,6313,881,4003,745,0823,829,6963,639,8843,598,7903,478,0493,577,8943,439,2532,497,0932,371,964
   Common Stock
0
800,000
888,890
888,890
888,890
888,890
888,890
888,890
888,890
888,890
888,890
888,890
888,890
888,890
0
888,890
0
0
00888,8900888,890888,890888,890888,890888,890888,890888,890888,890888,890888,890888,890888,890800,0000
   Retained Earnings 
964,450
1,089,268
1,215,664
1,355,693
1,250,142
1,369,769
1,412,443
1,600,874
1,512,037
1,651,213
1,681,215
1,866,914
1,740,496
1,840,987
1,906,098
2,097,146
1,649,303
1,749,263
1,749,2631,649,3032,097,1461,906,0981,840,9871,740,4961,866,9141,681,2151,651,2131,512,0371,600,8741,412,4431,369,7691,250,1421,355,6931,215,6641,089,268964,450
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
7,921
6,779
5,390
11,096
12,211
10,631
12,012
16,235
13,376
13,022
15,747
17,553
19,585
0
0
0
0
000019,58517,55315,74713,02213,37616,23512,01210,63112,21111,0965,3906,7797,9210



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 (+$)
totalRevenue5,120,797
Cost of Revenue-4,116,604
Gross Profit1,004,1931,004,193
 
Operating Income (+$)
Gross Profit1,004,193
Operating Expense-4,641,362
Operating Income479,435-3,637,169
 
Operating Expense (+$)
Research Development37,143
Selling General Administrative315,746
Selling And Marketing Expenses-
Operating Expense4,641,362352,889
 
Net Interest Income (+$)
Interest Income59,613
Interest Expense-1,957
Other Finance Cost-15,294
Net Interest Income42,362
 
Pretax Income (+$)
Operating Income479,435
Net Interest Income42,362
Other Non-Operating Income Expenses-
Income Before Tax (EBT)640,542479,435
EBIT - interestExpense = -1,957
503,667
505,623
Interest Expense1,957
Earnings Before Interest and Taxes (EBIT)-642,498
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax640,542
Tax Provision-101,736
Net Income From Continuing Ops538,805538,805
Net Income503,667
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--42,362
 

Technical Analysis of Chengdu Gas Group Co Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Chengdu Gas Group Co Ltd. The general trend of Chengdu Gas Group Co Ltd is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Chengdu Gas Group Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Chengdu Gas Group Co Ltd.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 9.56 < 9.85 < 9.89.

The bearish price targets are: 9.08 > 8.202193814433 > 7.98.

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Chengdu Gas Group Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Chengdu Gas Group Co Ltd. The current mas is .

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

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

Directionalities and relatives.

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

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

Chengdu Gas Group Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Chengdu Gas Group Co Ltd. The current macd is -0.01543836.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Chengdu Gas Group Co Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Chengdu Gas Group Co Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Chengdu Gas Group Co Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Chengdu Gas Group Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartChengdu Gas Group Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Chengdu Gas Group Co Ltd. The current adx is 15.40.

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

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

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Chengdu Gas Group Co Ltd. The current sar is 9.73820427.

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
Chengdu Gas Group Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Chengdu Gas Group Co Ltd. The current rsi is 46.81. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Chengdu Gas Group Co Ltd Daily Relative Strength Index (RSI) ChartChengdu Gas Group Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Chengdu Gas Group Co Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is 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 Chengdu Gas Group Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Chengdu Gas Group Co Ltd Daily Stochastic Oscillator ChartChengdu Gas Group Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Chengdu Gas Group Co Ltd. The current cci is -84.42776735.

Chengdu Gas Group Co Ltd Daily Commodity Channel Index (CCI) ChartChengdu Gas Group Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Chengdu Gas Group Co Ltd. The current cmo is -8.95359148.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Chengdu Gas Group Co Ltd Daily Chande Momentum Oscillator (CMO) ChartChengdu Gas Group Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Chengdu Gas Group Co Ltd. The current willr is -66.66666667.

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

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Chengdu Gas Group Co Ltd.

Chengdu Gas Group Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Chengdu Gas Group Co Ltd. The current atr is 0.19048731.

Chengdu Gas Group Co Ltd Daily Average True Range (ATR) ChartChengdu Gas Group Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Chengdu Gas Group Co Ltd. The current obv is 286,883,342.

Chengdu Gas Group Co Ltd Daily On-Balance Volume (OBV) ChartChengdu Gas Group Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Chengdu Gas Group Co Ltd. The current mfi is 49.17.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Chengdu Gas Group Co Ltd Daily Money Flow Index (MFI) ChartChengdu Gas Group Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Chengdu Gas Group Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-30MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24RSI LONG ENTRY SHORT CLOSE30 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.
2024-01-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27WILLR 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
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01DMI 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.
2024-03-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 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
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Chengdu Gas Group Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.813
Ma 20Greater thanMa 509.352
Ma 50Greater thanMa 1009.364
Ma 100Greater thanMa 2009.896
OpenGreater thanClose9.150
Total0/5 (0.0%)
Penke

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