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Zhejiang Yuejian Intelligent Equipment Co Ltd
Buy, Hold or Sell?

Let's analyse Yuejian together

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

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

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Quick analysis of Yuejian (30 sec.)










What can you expect buying and holding a share of Yuejian? (30 sec.)

How much money do you get?

How much money do you get?
¥0.09
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥13.59
Expected worth in 1 year
¥13.48
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
¥0.56
Return On Investment
3.4%

For what price can you sell your share?

Current Price per Share
¥16.62
Expected price per share
¥10.02 - ¥22.29
How sure are you?
50%

1. Valuation of Yuejian (5 min.)




Live pricePrice per Share (EOD)

¥16.62

Intrinsic Value Per Share

¥12.37 - ¥15.04

Total Value Per Share

¥25.96 - ¥28.62

2. Growth of Yuejian (5 min.)




Is Yuejian growing?

Current yearPrevious yearGrowGrow %
How rich?$347.5m$320.7m$31.3m8.9%

How much money is Yuejian making?

Current yearPrevious yearGrowGrow %
Making money$2.9m$20.5m-$17.5m-588.0%
Net Profit Margin11.5%43.4%--

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

3. Financial Health of Yuejian (5 min.)




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




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#280 / 738

Most Revenue
#549 / 738

Most Profit
#386 / 738

Most Efficient
#158 / 738

What can you expect buying and holding a share of Yuejian? (5 min.)

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

What can you expect buying and holding a share of Yuejian?

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

Speculation

The Price per Share of Yuejian is ¥16.62. 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 Yuejian.
  • 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 Yuejian, 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 ¥13.59. Based on the TTM, the Book Value Change Per Share is ¥-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.64 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 ¥0.17 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Yuejian.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.010.1%0.020.1%0.110.7%0.050.3%0.050.3%
Usd Book Value Change Per Share-0.02-0.1%0.000.0%0.090.5%0.110.7%0.110.7%
Usd Dividend Per Share0.040.3%0.020.1%0.020.1%0.010.1%0.010.1%
Usd Total Gains Per Share0.030.2%0.020.1%0.110.6%0.120.7%0.120.7%
Usd Price Per Share2.08-2.67-3.30-2.62-2.62-
Price to Earnings Ratio36.19-37.74-12.08-22.86-22.86-
Price-to-Total Gains Ratio79.84-150.27-56.98-96.59-96.59-
Price to Book Ratio1.10-1.40-1.91-1.61-1.61-
Price-to-Total Gains Ratio79.84-150.27-56.98-96.59-96.59-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.300208
Number of shares434
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.01
Usd Book Value Change Per Share0.000.11
Usd Total Gains Per Share0.020.12
Gains per Quarter (434 shares)8.4253.97
Gains per Year (434 shares)33.68215.90
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
140-72424192206
280-135848384422
3121-209272576638
4161-2612695768854
5201-331601199601070
6241-3919414311521286
7281-4622816713441502
8322-5226219115361718
9362-5929621517281934
10402-6533023919202150

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%17.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%
Book Value Change Per Share2.02.00.050.0%9.03.00.075.0%14.03.00.082.4%14.03.00.082.4%14.03.00.082.4%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%17.00.00.0100.0%

Fundamentals of Yuejian

About Zhejiang Yuejian Intelligent Equipment Co Ltd

Zhejiang Yuejian Intelligent Equipment Co.,Ltd. designs, develops, produces, and sells textile machinery in China. The company's products include draw texturing machines, rapier looms, towel rapier looms, intelligent cloth inspection machines, warp knitting machines, and air covering machines. It also exports its products to Egypt, Turkey, India, Indonesia, and other countries. The company was founded in 2000 and is headquartered in Shaoxing, China.

Fundamental data was last updated by Penke on 2024-03-27 21:09:07.

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
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Zhejiang Yuejian Intelligent Equipment Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Yuejian earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Yuejian to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 14.0% means that ¥0.14 for each ¥1 in revenue is generated as profit.

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

  • The MRQ is 14.0%. The company is making a huge profit. +2
  • The TTM is 11.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ14.0%TTM11.5%+2.5%
TTM11.5%YOY43.4%-31.9%
TTM11.5%5Y21.8%-10.3%
5Y21.8%10Y21.8%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ14.0%5.5%+8.5%
TTM11.5%5.2%+6.3%
YOY43.4%5.1%+38.3%
5Y21.8%4.5%+17.3%
10Y21.8%4.7%+17.1%
1.1.2. Return on Assets

Shows how efficient Yuejian is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Yuejian to the Specialty Industrial Machinery industry mean.
  • 0.6% Return on Assets means that Yuejian generated ¥0.01 profit for each $1 in assets.

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

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.7%-0.1%
TTM0.7%YOY4.4%-3.7%
TTM0.7%5Y2.3%-1.6%
5Y2.3%10Y2.3%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%1.1%-0.5%
TTM0.7%1.0%-0.3%
YOY4.4%1.1%+3.3%
5Y2.3%1.0%+1.3%
10Y2.3%1.1%+1.2%
1.1.3. Return on Equity

Shows how efficient Yuejian is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Yuejian to the Specialty Industrial Machinery industry mean.
  • 0.8% Return on Equity means Yuejian generated ¥0.01 for each ¥1 the owners (shareholders) invested.

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

  • The MRQ is 0.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.8%-0.1%
TTM0.8%YOY6.2%-5.4%
TTM0.8%5Y3.2%-2.3%
5Y3.2%10Y3.2%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%2.3%-1.5%
TTM0.8%2.1%-1.3%
YOY6.2%2.2%+4.0%
5Y3.2%2.0%+1.2%
10Y3.2%2.2%+1.0%

1.2. Operating Efficiency of Zhejiang Yuejian Intelligent Equipment Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Yuejian is operating .

  • Measures how much profit Yuejian 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 Yuejian to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Zhejiang Yuejian Intelligent Equipment Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM3.9%-3.9%
TTM3.9%YOY14.7%-10.7%
TTM3.9%5Y13.1%-9.2%
5Y13.1%10Y13.1%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.9%-7.9%
TTM3.9%4.7%-0.8%
YOY14.7%6.2%+8.5%
5Y13.1%6.2%+6.9%
10Y13.1%5.0%+8.1%
1.2.2. Operating Ratio

Measures how efficient Yuejian is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 1.77 means that the operating costs are ¥1.77 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Zhejiang Yuejian Intelligent Equipment Co Ltd:

  • The MRQ is 1.766. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.748. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.766TTM1.748+0.019
TTM1.748YOY1.645+0.103
TTM1.7485Y1.648+0.099
5Y1.64810Y1.6480.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7661.534+0.232
TTM1.7481.554+0.194
YOY1.6451.550+0.095
5Y1.6481.523+0.125
10Y1.6481.248+0.400

1.3. Liquidity of Zhejiang Yuejian Intelligent Equipment Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Yuejian is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 4.23 means the company has ¥4.23 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Zhejiang Yuejian Intelligent Equipment Co Ltd:

  • The MRQ is 4.232. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.975. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.232TTM3.975+0.257
TTM3.975YOY2.352+1.623
TTM3.9755Y2.998+0.977
5Y2.99810Y2.9980.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ4.2321.674+2.558
TTM3.9751.688+2.287
YOY2.3521.649+0.703
5Y2.9981.740+1.258
10Y2.9981.534+1.464
1.3.2. Quick Ratio

Measures if Yuejian is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Yuejian to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 0.43 means the company can pay off ¥0.43 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Zhejiang Yuejian Intelligent Equipment Co Ltd:

  • The MRQ is 0.432. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.682. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.432TTM0.682-0.250
TTM0.682YOY0.733-0.051
TTM0.6825Y1.004-0.322
5Y1.00410Y1.0040.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4320.717-0.285
TTM0.6820.749-0.067
YOY0.7330.814-0.081
5Y1.0040.858+0.146
10Y1.0040.860+0.144

1.4. Solvency of Zhejiang Yuejian Intelligent Equipment Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Yuejian assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Yuejian to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.18 means that Yuejian assets are financed with 17.8% credit (debt) and the remaining percentage (100% - 17.8%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.178. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.185. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.178TTM0.185-0.008
TTM0.185YOY0.306-0.120
TTM0.1855Y0.270-0.084
5Y0.27010Y0.2700.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1780.499-0.321
TTM0.1850.503-0.318
YOY0.3060.504-0.198
5Y0.2700.497-0.227
10Y0.2700.491-0.221
1.4.2. Debt to Equity Ratio

Measures if Yuejian is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Yuejian to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 21.6% means that company has ¥0.22 debt for each ¥1 in shareholders equity.

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

  • The MRQ is 0.216. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.228. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.216TTM0.228-0.012
TTM0.228YOY0.444-0.216
TTM0.2285Y0.380-0.152
5Y0.38010Y0.3800.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2160.998-0.782
TTM0.2281.016-0.788
YOY0.4441.013-0.569
5Y0.3801.052-0.672
10Y0.3801.032-0.652

2. Market Valuation of Zhejiang Yuejian Intelligent Equipment 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 Yuejian generates.

  • Above 15 is considered overpriced but always compare Yuejian to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 36.19 means the investor is paying ¥36.19 for every ¥1 in earnings.

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

  • The EOD is 40.101. Based on the earnings, the company is overpriced. -1
  • The MRQ is 36.192. Based on the earnings, the company is overpriced. -1
  • The TTM is 37.744. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD40.101MRQ36.192+3.909
MRQ36.192TTM37.744-1.552
TTM37.744YOY12.077+25.667
TTM37.7445Y22.858+14.886
5Y22.85810Y22.8580.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD40.10119.476+20.625
MRQ36.19218.616+17.576
TTM37.74419.352+18.392
YOY12.07717.955-5.878
5Y22.85821.955+0.903
10Y22.85828.443-5.585
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 9.499. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.573. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.048. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD9.499MRQ8.573+0.926
MRQ8.573TTM0.048+8.525
TTM0.048YOY-110.784+110.831
TTM0.0485Y-16.341+16.389
5Y-16.34110Y-16.3410.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD9.4995.476+4.023
MRQ8.5734.966+3.607
TTM0.0482.621-2.573
YOY-110.784-0.130-110.654
5Y-16.3410.502-16.843
10Y-16.3412.022-18.363
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Yuejian is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 1.10 means the investor is paying ¥1.10 for each ¥1 in book value.

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

  • The EOD is 1.223. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.104. Based on the equity, the company is underpriced. +1
  • The TTM is 1.401. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.223MRQ1.104+0.119
MRQ1.104TTM1.401-0.297
TTM1.401YOY1.907-0.506
TTM1.4015Y1.606-0.205
5Y1.60610Y1.6060.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD1.2232.115-0.892
MRQ1.1042.124-1.020
TTM1.4012.181-0.780
YOY1.9072.361-0.454
5Y1.6062.377-0.771
10Y1.6062.932-1.326
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Zhejiang Yuejian Intelligent Equipment 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---0.115-0.027-76%0.635-118%0.799-114%0.799-114%
Book Value Per Share--13.58813.765-1%12.540+8%10.922+24%10.922+24%
Current Ratio--4.2323.975+6%2.352+80%2.998+41%2.998+41%
Debt To Asset Ratio--0.1780.185-4%0.306-42%0.270-34%0.270-34%
Debt To Equity Ratio--0.2160.228-5%0.444-51%0.380-43%0.380-43%
Dividend Per Share--0.3030.167+81%0.141+114%0.099+205%0.099+205%
Eps--0.1040.127-18%0.804-87%0.341-70%0.341-70%
Free Cash Flow Per Share--0.437-0.094+122%-0.091+121%-0.051+112%-0.051+112%
Free Cash Flow To Equity Per Share--0.437-0.186+143%-0.231+153%0.161+172%0.161+172%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--15.036--------
Intrinsic Value_10Y_min--12.371--------
Intrinsic Value_1Y_max---0.033--------
Intrinsic Value_1Y_min---0.034--------
Intrinsic Value_3Y_max--1.074--------
Intrinsic Value_3Y_min--1.001--------
Intrinsic Value_5Y_max--3.596--------
Intrinsic Value_5Y_min--3.236--------
Market Cap3071376000.000+10%2772000000.0003570807240.000-22%4405174620.000-37%3500770757.647-21%3500770757.647-21%
Net Profit Margin--0.1400.115+22%0.434-68%0.218-36%0.218-36%
Operating Margin---0.039-100%0.147-100%0.131-100%0.131-100%
Operating Ratio--1.7661.748+1%1.645+7%1.648+7%1.648+7%
Pb Ratio1.223+10%1.1041.401-21%1.907-42%1.606-31%1.606-31%
Pe Ratio40.101+10%36.19237.744-4%12.077+200%22.858+58%22.858+58%
Price Per Share16.620+10%15.00019.323-22%23.838-37%18.944-21%18.944-21%
Price To Free Cash Flow Ratio9.499+10%8.5730.048+17890%-110.784+1392%-16.341+291%-16.341+291%
Price To Total Gains Ratio88.463+10%79.841150.266-47%56.976+40%96.594-17%96.594-17%
Quick Ratio--0.4320.682-37%0.733-41%1.004-57%1.004-57%
Return On Assets--0.0060.007-9%0.044-86%0.023-72%0.023-72%
Return On Equity--0.0080.008-10%0.062-88%0.032-76%0.032-76%
Total Gains Per Share--0.1880.140+34%0.777-76%0.899-79%0.899-79%
Usd Book Value--347527995.364352061872.924-1%320736341.429+8%279335474.843+24%279335474.843+24%
Usd Book Value Change Per Share---0.016-0.004-76%0.088-118%0.111-114%0.111-114%
Usd Book Value Per Share--1.8811.905-1%1.736+8%1.512+24%1.512+24%
Usd Dividend Per Share--0.0420.023+81%0.020+114%0.014+205%0.014+205%
Usd Eps--0.0140.018-18%0.111-87%0.047-70%0.047-70%
Usd Free Cash Flow--11188024.440-2413512.680+122%-2317022.551+121%-1153730.963+110%-1153730.963+110%
Usd Free Cash Flow Per Share--0.061-0.013+122%-0.013+121%-0.007+112%-0.007+112%
Usd Free Cash Flow To Equity Per Share--0.061-0.026+143%-0.032+153%0.022+172%0.022+172%
Usd Market Cap425078438.400+10%383644800.000494199722.016-22%609676167.408-37%484506672.858-21%484506672.858-21%
Usd Price Per Share2.300+10%2.0762.674-22%3.299-37%2.622-21%2.622-21%
Usd Profit--2650041.3852987361.956-11%20552201.568-87%8668096.856-69%8668096.856-69%
Usd Revenue--18925045.62226505208.766-29%52489281.906-64%37932236.275-50%37932236.275-50%
Usd Total Gains Per Share--0.0260.019+34%0.108-76%0.124-79%0.124-79%
 EOD+4 -4MRQTTM+16 -19YOY+16 -195Y+15 -2010Y+15 -20

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1540.101
Price to Book Ratio (EOD)Between0-11.223
Net Profit Margin (MRQ)Greater than00.140
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.432
Current Ratio (MRQ)Greater than14.232
Debt to Asset Ratio (MRQ)Less than10.178
Debt to Equity Ratio (MRQ)Less than10.216
Return on Equity (MRQ)Greater than0.150.008
Return on Assets (MRQ)Greater than0.050.006
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.393
Ma 20Greater thanMa 5016.711
Ma 50Greater thanMa 10014.815
Ma 100Greater thanMa 20015.697
OpenGreater thanClose16.180
Total3/5 (60.0%)



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  11,41252,34363,754-52,80010,95521,15432,108-85,193-53,085



Latest Balance Sheet

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

Summary
Total Assets3,053,900
Total Liabilities542,860
Total Stockholder Equity2,510,437
 As reported
Total Liabilities 542,860
Total Stockholder Equity+ 2,510,437
Total Assets = 3,053,900

Assets

Total Assets3,053,900
Total Current Assets2,047,237
Long-term Assets1,006,663
Total Current Assets
Cash And Cash Equivalents 1,406,765
Short-term Investments 51,000
Net Receivables 157,979
Inventory 251,141
Other Current Assets 24,962
Total Current Assets  (as reported)2,047,237
Total Current Assets  (calculated)1,891,847
+/- 155,390
Long-term Assets
Property Plant Equipment 728,055
Intangible Assets 107,313
Long-term Assets Other 2,868
Long-term Assets  (as reported)1,006,663
Long-term Assets  (calculated)838,236
+/- 168,427

Liabilities & Shareholders' Equity

Total Current Liabilities483,790
Long-term Liabilities59,070
Total Stockholder Equity2,510,437
Total Current Liabilities
Short Long Term Debt 40,072
Accounts payable 317,464
Other Current Liabilities 7,738
Total Current Liabilities  (as reported)483,790
Total Current Liabilities  (calculated)365,275
+/- 118,515
Long-term Liabilities
Long term Debt 49,950
Long-term Liabilities Other 3,046
Long-term Liabilities  (as reported)59,070
Long-term Liabilities  (calculated)52,996
+/- 6,074
Total Stockholder Equity
Retained Earnings 1,019,860
Total Stockholder Equity (as reported)2,510,437
Total Stockholder Equity (calculated)1,019,860
+/- 1,490,576
Other
Capital Stock184,800
Common Stock Shares Outstanding 184,800
Net Invested Capital 2,600,459
Net Working Capital 1,563,447
Property Plant and Equipment Gross 728,055



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-06-30
> Total Assets 
1,357,123
1,561,561
1,551,361
2,351,112
2,379,876
2,687,212
2,884,501
3,005,589
3,211,236
3,353,234
3,381,670
3,257,684
3,359,579
3,209,989
3,139,580
3,089,722
3,053,900
3,053,9003,089,7223,139,5803,209,9893,359,5793,257,6843,381,6703,353,2343,211,2363,005,5892,884,5012,687,2122,379,8762,351,1121,551,3611,561,5611,357,123
   > Total Current Assets 
1,063,775
1,125,712
1,111,171
1,838,442
1,816,270
2,005,001
2,147,026
2,214,642
2,357,112
2,349,368
2,405,110
2,244,959
2,354,653
2,145,563
2,095,387
2,032,608
2,047,237
2,047,2372,032,6082,095,3872,145,5632,354,6532,244,9592,405,1102,349,3682,357,1122,214,6422,147,0262,005,0011,816,2701,838,4421,111,1711,125,7121,063,775
       Cash And Cash Equivalents 
295,278
342,288
281,712
1,100,011
975,296
398,365
637,645
657,703
684,328
867,511
974,246
1,230,272
1,531,049
1,361,138
1,309,384
1,293,481
1,406,765
1,406,7651,293,4811,309,3841,361,1381,531,0491,230,272974,246867,511684,328657,703637,645398,365975,2961,100,011281,712342,288295,278
       Short-term Investments 
217,373
224,718
282,424
237,317
345,210
925,200
727,680
805,112
845,306
638,172
581,215
166,671
71,200
95,353
72,853
70,753
51,000
51,00070,75372,85395,35371,200166,671581,215638,172845,306805,112727,680925,200345,210237,317282,424224,718217,373
       Net Receivables 
156,055
137,919
308,134
273,488
264,870
391,481
470,575
410,577
422,414
432,768
419,457
389,511
341,649
173,552
403,635
382,482
157,979
157,979382,482403,635173,552341,649389,511419,457432,768422,414410,577470,575391,481264,870273,488308,134137,919156,055
       Inventory 
230,631
241,888
219,872
210,638
209,447
269,373
283,276
305,490
358,847
321,404
350,843
359,991
360,141
299,177
277,758
258,703
251,141
251,141258,703277,758299,177360,141359,991350,843321,404358,847305,490283,276269,373209,447210,638219,872241,888230,631
       Other Current Assets 
6,948
9,819
19,029
16,988
21,447
20,582
27,849
35,760
46,217
89,453
79,348
98,154
50,614
30,237
31,758
22,394
24,962
24,96222,39431,75830,23750,61498,15479,34889,45346,21735,76027,84920,58221,44716,98819,0299,8196,948
   > Long-term Assets 
293,348
435,849
440,189
512,670
563,606
682,211
737,476
790,946
854,124
1,003,866
976,560
1,012,725
1,004,925
1,064,426
1,044,194
1,057,114
1,006,663
1,006,6631,057,1141,044,1941,064,4261,004,9251,012,725976,5601,003,866854,124790,946737,476682,211563,606512,670440,189435,849293,348
       Property Plant Equipment 
0
0
283,380
355,703
393,488
450,162
471,471
418,742
484,944
665,947
652,013
689,815
688,670
748,733
721,303
741,965
728,055
728,055741,965721,303748,733688,670689,815652,013665,947484,944418,742471,471450,162393,488355,703283,38000
       Intangible Assets 
115,528
112,438
111,788
111,138
110,488
109,839
109,204
124,149
125,438
109,634
109,012
108,438
107,844
107,376
108,719
108,016
107,313
107,313108,016108,719107,376107,844108,438109,012109,634125,438124,149109,204109,839110,488111,138111,788112,438115,528
       Long-term Assets Other 
2,019
65
135
15
397,003
1,941
26,253
37,188
62,182
3,746
4,238
10,938
13,888
2,283
1,777
2,050
2,868
2,8682,0501,7772,28313,88810,9384,2383,74662,18237,18826,2531,941397,00315135652,019
> Total Liabilities 
411,141
529,373
488,353
475,471
472,453
744,700
890,221
961,580
1,149,876
1,118,472
1,108,762
1,026,632
828,464
660,163
557,543
557,427
542,860
542,860557,427557,543660,163828,4641,026,6321,108,7621,118,4721,149,876961,580890,221744,700472,453475,471488,353529,373411,141
   > Total Current Liabilities 
392,439
514,347
474,023
471,018
466,857
739,321
799,437
827,403
926,023
1,106,560
1,100,438
1,013,188
816,036
647,266
494,528
493,760
483,790
483,790493,760494,528647,266816,0361,013,1881,100,4381,106,560926,023827,403799,437739,321466,857471,018474,023514,347392,439
       Short Long Term Debt 
10,000
18,025
8,011
8,010
3,004
40,046
52,061
52,056
84,088
70,080
120,137
70,073
70,073
70,071
20,071
20,065
40,072
40,07220,06520,07170,07170,07370,073120,13770,08084,08852,05652,06140,0463,0048,0108,01118,02510,000
       Accounts payable 
244,511
380,332
358,752
359,977
367,830
437,798
423,714
410,550
474,655
554,930
492,908
505,835
454,335
384,276
285,517
332,459
317,464
317,464332,459285,517384,276454,335505,835492,908554,930474,655410,550423,714437,798367,830359,977358,752380,332244,511
       Other Current Liabilities 
150
1,532
99,563
81,657
75,919
231,373
306,406
349,618
355,795
462,181
480,372
421,019
281,833
9,679
183,097
129,296
7,738
7,738129,296183,0979,679281,833421,019480,372462,181355,795349,618306,406231,37375,91981,65799,5631,532150
   > Long-term Liabilities 
18,702
15,026
14,329
4,453
5,596
5,379
90,785
134,177
223,853
11,913
8,323
13,445
12,428
12,897
63,016
63,667
59,070
59,07063,66763,01612,89712,42813,4458,32311,913223,853134,17790,7855,3795,5964,45314,32915,02618,702
       Long term Debt 
850
7,335
10,013
0
0
0
0
10,000
0
0
0
0
0
0
50,000
50,000
49,950
49,95050,00050,00000000010,000000010,0137,335850
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
38
12
0
144
24
0
0
0024144012380000000000
       Other Liabilities 
0
0
4,316
4,453
5,596
5,379
90,785
124,177
223,853
11,913
8,285
13,433
12,428
0
12,991
0
0
0012,991012,42813,4338,28511,913223,853124,17790,7855,3795,5964,4534,31600
       Long-term Liabilities Other 
2,127
997
519
705
429
721
480
1,438
1,535
2,869
1,567
1,526
2,625
3,384
2,869
4,963
3,046
3,0464,9632,8693,3842,6251,5261,5672,8691,5351,4384807214297055199972,127
       Deferred Long Term Liability 
0
0
1,040
984
927
871
1,175
2,812
2,701
1,520
1,397
1,282
1,164
0
975
0
0
0097501,1641,2821,3971,5202,7012,8121,1758719279841,04000
> Total Stockholder Equity
945,982
1,032,188
1,063,008
1,875,642
1,907,423
1,942,512
1,994,280
2,044,008
2,061,360
2,234,408
2,272,559
2,230,702
2,530,766
2,549,322
2,581,541
2,531,799
2,510,437
2,510,4372,531,7992,581,5412,549,3222,530,7662,230,7022,272,5592,234,4082,061,3602,044,0081,994,2801,942,5121,907,4231,875,6421,063,0081,032,188945,982
   Common Stock
0
0
99,000
132,000
132,000
132,000
132,000
132,000
132,000
132,000
132,000
132,000
132,000
0
132,000
0
0
00132,0000132,000132,000132,000132,000132,000132,000132,000132,000132,000132,00099,00000
   Retained Earnings 
297,245
351,073
422,236
452,074
474,945
512,053
563,821
556,039
607,414
769,990
819,214
785,676
1,095,809
1,048,492
1,140,582
1,031,001
1,019,860
1,019,8601,031,0011,140,5821,048,4921,095,809785,676819,214769,990607,414556,039563,821512,053474,945452,074422,236351,073297,245
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
0
0
9,395
9,979
18,890
16,870
16,870
70,963
36,940
44,132
33,060
23,993
13,923
0
19,177
13,017
0
013,01719,177013,92323,99333,06044,13236,94070,96316,87016,87018,8909,9799,39500



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 (+$)
totalRevenue766,046
Cost of Revenue-633,303
Gross Profit132,744132,744
 
Operating Income (+$)
Gross Profit132,744
Operating Expense-704,126
Operating Income61,921-571,382
 
Operating Expense (+$)
Research Development27,660
Selling General Administrative24,621
Selling And Marketing Expenses-
Operating Expense704,12652,281
 
Net Interest Income (+$)
Interest Income31,823
Interest Expense-2,316
Other Finance Cost-9,604
Net Interest Income39,111
 
Pretax Income (+$)
Operating Income61,921
Net Interest Income39,111
Other Non-Operating Income Expenses-
Income Before Tax (EBT)100,77061,921
EBIT - interestExpense = -2,316
86,340
88,656
Interest Expense2,316
Earnings Before Interest and Taxes (EBIT)-103,087
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax100,770
Tax Provision-14,439
Net Income From Continuing Ops86,33186,331
Net Income86,340
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--39,111
 

Technical Analysis of Yuejian
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 Yuejian. The general trend of Yuejian is BULLISH with 28.6% 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 Yuejian'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 (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Zhejiang Yuejian Intelligent Equipment 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: 22.29.

The bearish price targets are: 10.02.

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Zhejiang Yuejian Intelligent Equipment Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Zhejiang Yuejian Intelligent Equipment Co Ltd. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

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

Directionalities and relatives.

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

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

Zhejiang Yuejian Intelligent Equipment Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Zhejiang Yuejian Intelligent Equipment Co Ltd. The current macd is 0.72761859.

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 Yuejian price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Yuejian. 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 Yuejian price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Zhejiang Yuejian Intelligent Equipment Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartZhejiang Yuejian Intelligent Equipment Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Zhejiang Yuejian Intelligent Equipment Co Ltd. The current adx is 31.74.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-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 Yuejian shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Zhejiang Yuejian Intelligent Equipment Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Zhejiang Yuejian Intelligent Equipment Co Ltd. The current sar is 21.68.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Zhejiang Yuejian Intelligent Equipment Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Zhejiang Yuejian Intelligent Equipment Co Ltd. The current rsi is 52.39. 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
Zhejiang Yuejian Intelligent Equipment Co Ltd Daily Relative Strength Index (RSI) ChartZhejiang Yuejian Intelligent Equipment Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Zhejiang Yuejian Intelligent Equipment Co Ltd. The current phase is Correction in bull 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 Yuejian price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Zhejiang Yuejian Intelligent Equipment Co Ltd Daily Stochastic Oscillator ChartZhejiang Yuejian Intelligent Equipment Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Zhejiang Yuejian Intelligent Equipment Co Ltd. The current cci is -2.57894782.

Zhejiang Yuejian Intelligent Equipment Co Ltd Daily Commodity Channel Index (CCI) ChartZhejiang Yuejian Intelligent Equipment Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Zhejiang Yuejian Intelligent Equipment Co Ltd. The current cmo is -1.55781002.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Zhejiang Yuejian Intelligent Equipment Co Ltd Daily Chande Momentum Oscillator (CMO) ChartZhejiang Yuejian Intelligent Equipment Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Zhejiang Yuejian Intelligent Equipment Co Ltd. The current willr is -79.07949791.

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

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Zhejiang Yuejian Intelligent Equipment Co Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Zhejiang Yuejian Intelligent Equipment Co Ltd. The current atr is 1.15808204.

Zhejiang Yuejian Intelligent Equipment Co Ltd Daily Average True Range (ATR) ChartZhejiang Yuejian Intelligent Equipment Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Zhejiang Yuejian Intelligent Equipment Co Ltd. The current obv is 38,347,569.

Zhejiang Yuejian Intelligent Equipment Co Ltd Daily On-Balance Volume (OBV) ChartZhejiang Yuejian Intelligent Equipment Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Zhejiang Yuejian Intelligent Equipment Co Ltd. The current mfi is 25.81.

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
Zhejiang Yuejian Intelligent Equipment Co Ltd Daily Money Flow Index (MFI) ChartZhejiang Yuejian Intelligent Equipment Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Zhejiang Yuejian Intelligent Equipment Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-27STOCH 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
2023-11-28DMI 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.
2023-11-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01STOCH 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
2023-12-05DMI 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.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-25STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-08ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-09STOCH 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).
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-11MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-28DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-14SAR 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Zhejiang Yuejian Intelligent Equipment Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.393
Ma 20Greater thanMa 5016.711
Ma 50Greater thanMa 10014.815
Ma 100Greater thanMa 20015.697
OpenGreater thanClose16.180
Total3/5 (60.0%)
Penke

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