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Ningbo Yongxin Optics Co Ltd
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Quick analysis of Ningbo Yongxin Optics Co Ltd (30 sec.)










What can you expect buying and holding a share of Ningbo Yongxin Optics Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.40
When do you have the money?
1 year
How often do you get paid?
94.4%

What is your share worth?

Current worth
¥15.89
Expected worth in 1 year
¥17.51
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
¥4.47
Return On Investment
5.5%

For what price can you sell your share?

Current Price per Share
¥80.75
Expected price per share
¥58.36 - ¥100.20
How sure are you?
50%

1. Valuation of Ningbo Yongxin Optics Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥80.75

Intrinsic Value Per Share

¥-6.89 - ¥-8.72

Total Value Per Share

¥9.00 - ¥7.17

2. Growth of Ningbo Yongxin Optics Co Ltd (5 min.)




Is Ningbo Yongxin Optics Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$244.5m$211.8m$24.4m10.4%

How much money is Ningbo Yongxin Optics Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$8.7m$8.3m$393.2k4.5%
Net Profit Margin30.4%29.7%--

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

3. Financial Health of Ningbo Yongxin Optics Co Ltd (5 min.)




4. Comparing to competitors in the Scientific & Technical Instruments industry (5 min.)




  Industry Rankings (Scientific & Technical Instruments)  


Richest
#51 / 158

Most Revenue
#72 / 158

Most Profit
#29 / 158

What can you expect buying and holding a share of Ningbo Yongxin Optics Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Ningbo Yongxin Optics Co Ltd?

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

Speculation

The Price per Share of Ningbo Yongxin Optics Co Ltd is ¥80.75. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Ningbo Yongxin Optics 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 Ningbo Yongxin Optics 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 ¥15.89. Based on the TTM, the Book Value Change Per Share is ¥0.40 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.35 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 ¥0.71 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ningbo Yongxin Optics 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 Eps0.070.1%0.090.1%0.080.1%0.070.1%0.070.1%
Usd Book Value Change Per Share0.110.1%0.060.1%0.050.1%0.120.2%0.120.2%
Usd Dividend Per Share0.000.0%0.100.1%0.060.1%0.050.1%0.050.1%
Usd Total Gains Per Share0.110.1%0.150.2%0.110.1%0.170.2%0.170.2%
Usd Price Per Share12.02-11.65-14.71-9.10-9.10-
Price to Earnings Ratio41.71-34.54-51.95-34.46-34.46-
Price-to-Total Gains Ratio110.37-87.60-173.76-102.70-102.70-
Price to Book Ratio5.46-5.48-7.75-5.04-5.04-
Price-to-Total Gains Ratio110.37-87.60-173.76-102.70-102.70-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share11.1758
Number of shares89
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.100.05
Usd Book Value Change Per Share0.060.12
Usd Total Gains Per Share0.150.17
Gains per Quarter (89 shares)13.7715.36
Gains per Year (89 shares)55.0961.44
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1352045184451
270401003687112
31066015554131173
41417921072174234
51769926590218295
6211119320108261356
7247139375126305417
8282159430143348478
9317179485161392539
10352199540179435600

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%17.00.01.094.4%17.00.01.094.4%17.00.01.094.4%
Total Gains 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%

Fundamentals of Ningbo Yongxin Optics Co Ltd

About Ningbo Yongxin Optics Co Ltd

Ningbo Yongxin Optics Co.,Ltd manufactures and sells precision optical instruments and components in China. It offers optical microscopes and optical components used for various applications in optical and electronic products, such as bar-code scanners, motion optics, automotive driving, high-end cameras, HD projection, teaching, life sciences, semiconductors, etc. The company offers its products under the NOVEL, JIANGNAN, and NEXCOPE brands. It also exports its products to approximately 80 countries. The company was formerly known as Ningbo Yongxin Optical Instrument Co., Ltd. and changed its name to Ningbo Yongxin Optics Co.,Ltd in 2000. Ningbo Yongxin Optics Co.,Ltd was incorporated in 1997 and is based in Ningbo, China.

Fundamental data was last updated by Penke on 2024-03-27 22:02:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is 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 very 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 overpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Ningbo Yongxin Optics Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ningbo Yongxin Optics Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Ningbo Yongxin Optics Co Ltd to the Scientific & Technical Instruments industry mean.
  • A Net Profit Margin of 26.3% means that ¥0.26 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ningbo Yongxin Optics Co Ltd:

  • The MRQ is 26.3%. The company is making a huge profit. +2
  • The TTM is 30.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ26.3%TTM30.4%-4.1%
TTM30.4%YOY29.7%+0.7%
TTM30.4%5Y30.1%+0.3%
5Y30.1%10Y30.1%0.0%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ26.3%4.7%+21.6%
TTM30.4%3.8%+26.6%
YOY29.7%4.8%+24.9%
5Y30.1%5.2%+24.9%
10Y30.1%5.9%+24.2%
1.1.2. Return on Assets

Shows how efficient Ningbo Yongxin Optics Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ningbo Yongxin Optics Co Ltd to the Scientific & Technical Instruments industry mean.
  • 2.9% Return on Assets means that Ningbo Yongxin Optics Co Ltd generated ¥0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ningbo Yongxin Optics Co Ltd:

  • The MRQ is 2.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.9%TTM3.3%-0.4%
TTM3.3%YOY3.4%-0.1%
TTM3.3%5Y3.4%-0.1%
5Y3.4%10Y3.4%0.0%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9%0.7%+2.2%
TTM3.3%0.6%+2.7%
YOY3.4%1.0%+2.4%
5Y3.4%1.2%+2.2%
10Y3.4%1.4%+2.0%
1.1.3. Return on Equity

Shows how efficient Ningbo Yongxin Optics Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ningbo Yongxin Optics Co Ltd to the Scientific & Technical Instruments industry mean.
  • 3.3% Return on Equity means Ningbo Yongxin Optics Co Ltd generated ¥0.03 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ningbo Yongxin Optics Co Ltd:

  • The MRQ is 3.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.3%TTM3.7%-0.5%
TTM3.7%YOY4.0%-0.2%
TTM3.7%5Y3.9%-0.2%
5Y3.9%10Y3.9%0.0%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3%1.3%+2.0%
TTM3.7%1.1%+2.6%
YOY4.0%1.7%+2.3%
5Y3.9%1.8%+2.1%
10Y3.9%2.0%+1.9%

1.2. Operating Efficiency of Ningbo Yongxin Optics Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ningbo Yongxin Optics Co Ltd is operating .

  • Measures how much profit Ningbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd to the Scientific & Technical Instruments 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 Ningbo Yongxin Optics Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM5.1%-5.1%
TTM5.1%YOY22.7%-17.6%
TTM5.1%5Y20.3%-15.1%
5Y20.3%10Y20.3%0.0%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.6%-4.6%
TTM5.1%3.4%+1.7%
YOY22.7%5.2%+17.5%
5Y20.3%6.5%+13.8%
10Y20.3%4.7%+15.6%
1.2.2. Operating Ratio

Measures how efficient Ningbo Yongxin Optics Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • An Operation Ratio of 1.34 means that the operating costs are ¥1.34 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Ningbo Yongxin Optics Co Ltd:

  • The MRQ is 1.344. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.332. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.344TTM1.332+0.012
TTM1.332YOY1.321+0.011
TTM1.3325Y1.312+0.020
5Y1.31210Y1.3120.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3441.397-0.053
TTM1.3321.407-0.075
YOY1.3211.391-0.070
5Y1.3121.345-0.033
10Y1.3121.111+0.201

1.3. Liquidity of Ningbo Yongxin Optics Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ningbo Yongxin Optics Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • A Current Ratio of 6.54 means the company has ¥6.54 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Ningbo Yongxin Optics Co Ltd:

  • The MRQ is 6.545. The company is very able to pay all its short-term debts. +2
  • The TTM is 6.283. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ6.545TTM6.283+0.262
TTM6.283YOY5.510+0.773
TTM6.2835Y6.652-0.369
5Y6.65210Y6.6520.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ6.5452.389+4.156
TTM6.2832.552+3.731
YOY5.5102.467+3.043
5Y6.6522.805+3.847
10Y6.6522.552+4.100
1.3.2. Quick Ratio

Measures if Ningbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd to the Scientific & Technical Instruments industry mean.
  • A Quick Ratio of 2.75 means the company can pay off ¥2.75 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ningbo Yongxin Optics Co Ltd:

  • The MRQ is 2.752. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.086. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.752TTM3.086-0.334
TTM3.086YOY2.272+0.814
TTM3.0865Y2.686+0.400
5Y2.68610Y2.6860.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7521.061+1.691
TTM3.0861.096+1.990
YOY2.2721.239+1.033
5Y2.6861.302+1.384
10Y2.6861.369+1.317

1.4. Solvency of Ningbo Yongxin Optics Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ningbo Yongxin Optics Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ningbo Yongxin Optics Co Ltd to Scientific & Technical Instruments industry mean.
  • A Debt to Asset Ratio of 0.12 means that Ningbo Yongxin Optics Co Ltd assets are financed with 11.7% credit (debt) and the remaining percentage (100% - 11.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ningbo Yongxin Optics Co Ltd:

  • The MRQ is 0.117. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.126. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.117TTM0.126-0.009
TTM0.126YOY0.144-0.019
TTM0.1265Y0.123+0.002
5Y0.12310Y0.1230.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1170.366-0.249
TTM0.1260.371-0.245
YOY0.1440.356-0.212
5Y0.1230.338-0.215
10Y0.1230.339-0.216
1.4.2. Debt to Equity Ratio

Measures if Ningbo Yongxin Optics Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ningbo Yongxin Optics Co Ltd to the Scientific & Technical Instruments industry mean.
  • A Debt to Equity ratio of 13.2% means that company has ¥0.13 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ningbo Yongxin Optics Co Ltd:

  • The MRQ is 0.132. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.144. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.132TTM0.144-0.012
TTM0.144YOY0.170-0.026
TTM0.1445Y0.142+0.002
5Y0.14210Y0.1420.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1320.539-0.407
TTM0.1440.554-0.410
YOY0.1700.541-0.371
5Y0.1420.519-0.377
10Y0.1420.525-0.383

2. Market Valuation of Ningbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd generates.

  • Above 15 is considered overpriced but always compare Ningbo Yongxin Optics Co Ltd to the Scientific & Technical Instruments industry mean.
  • A PE ratio of 41.71 means the investor is paying ¥41.71 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ningbo Yongxin Optics Co Ltd:

  • The EOD is 38.781. Based on the earnings, the company is overpriced. -1
  • The MRQ is 41.710. Based on the earnings, the company is overpriced. -1
  • The TTM is 34.542. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD38.781MRQ41.710-2.930
MRQ41.710TTM34.542+7.168
TTM34.542YOY51.947-17.404
TTM34.5425Y34.463+0.079
5Y34.46310Y34.4630.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD38.78116.713+22.068
MRQ41.71016.582+25.128
TTM34.54213.630+20.912
YOY51.94715.724+36.223
5Y34.46314.449+20.014
10Y34.46326.723+7.740
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ningbo Yongxin Optics Co Ltd:

  • The EOD is 431.286. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 463.866. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 182.819. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD431.286MRQ463.866-32.580
MRQ463.866TTM182.819+281.047
TTM182.819YOY-51.814+234.633
TTM182.8195Y-0.832+183.651
5Y-0.83210Y-0.8320.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD431.2864.833+426.453
MRQ463.8664.741+459.125
TTM182.819-1.563+184.382
YOY-51.814-0.871-50.943
5Y-0.832-3.854+3.022
10Y-0.832-1.652+0.820
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ningbo Yongxin Optics Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • A PB ratio of 5.46 means the investor is paying ¥5.46 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Ningbo Yongxin Optics Co Ltd:

  • The EOD is 5.081. Based on the equity, the company is overpriced. -1
  • The MRQ is 5.465. Based on the equity, the company is overpriced. -1
  • The TTM is 5.478. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD5.081MRQ5.465-0.384
MRQ5.465TTM5.478-0.013
TTM5.478YOY7.746-2.268
TTM5.4785Y5.037+0.441
5Y5.03710Y5.0370.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD5.0812.486+2.595
MRQ5.4652.750+2.715
TTM5.4782.772+2.706
YOY7.7462.774+4.972
5Y5.0373.112+1.925
10Y5.0373.998+1.039
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ningbo Yongxin Optics 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--0.7830.403+94%0.349+125%0.883-11%0.883-11%
Book Value Per Share--15.89315.361+3%13.769+15%12.612+26%12.612+26%
Current Ratio--6.5456.283+4%5.510+19%6.652-2%6.652-2%
Debt To Asset Ratio--0.1170.126-7%0.144-19%0.123-6%0.123-6%
Debt To Equity Ratio--0.1320.144-8%0.170-23%0.142-7%0.142-7%
Dividend Per Share--0.0040.715-99%0.465-99%0.364-99%0.364-99%
Eps--0.5210.618-16%0.545-5%0.505+3%0.505+3%
Free Cash Flow Per Share--0.0470.223-79%0.213-78%0.206-77%0.206-77%
Free Cash Flow To Equity Per Share--0.047-0.494+1155%0.021+120%-0.016+133%-0.016+133%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---8.722--------
Intrinsic Value_10Y_min---6.895--------
Intrinsic Value_1Y_max--0.679--------
Intrinsic Value_1Y_min--0.668--------
Intrinsic Value_3Y_max--0.856--------
Intrinsic Value_3Y_min--0.841--------
Intrinsic Value_5Y_max---0.393--------
Intrinsic Value_5Y_min---0.263--------
Market Cap8976977500.000-8%9655114500.0009355233425.000+3%11814313825.000-18%7306339444.444+32%7306339444.444+32%
Net Profit Margin--0.2630.304-13%0.297-11%0.301-13%0.301-13%
Operating Margin---0.051-100%0.227-100%0.203-100%0.203-100%
Operating Ratio--1.3441.332+1%1.321+2%1.312+2%1.312+2%
Pb Ratio5.081-8%5.4655.4780%7.746-29%5.037+8%5.037+8%
Pe Ratio38.781-8%41.71034.542+21%51.947-20%34.463+21%34.463+21%
Price Per Share80.750-8%86.85084.153+3%106.273-18%65.722+32%65.722+32%
Price To Free Cash Flow Ratio431.286-8%463.866182.819+154%-51.814+111%-0.832+100%-0.832+100%
Price To Total Gains Ratio102.620-8%110.37287.602+26%173.758-36%102.695+7%102.695+7%
Quick Ratio--2.7523.086-11%2.272+21%2.686+2%2.686+2%
Return On Assets--0.0290.033-11%0.034-14%0.034-15%0.034-15%
Return On Equity--0.0330.037-12%0.040-17%0.039-16%0.039-16%
Total Gains Per Share--0.7871.118-30%0.814-3%1.247-37%1.247-37%
Usd Book Value--244532689.641236343241.454+3%211850161.973+15%194051267.694+26%194051267.694+26%
Usd Book Value Change Per Share--0.1080.056+94%0.048+125%0.122-11%0.122-11%
Usd Book Value Per Share--2.2002.126+3%1.906+15%1.746+26%1.746+26%
Usd Dividend Per Share--0.0010.099-99%0.064-99%0.050-99%0.050-99%
Usd Eps--0.0720.086-16%0.075-5%0.070+3%0.070+3%
Usd Free Cash Flow--720179.2603431252.314-79%3284588.643-78%3172175.716-77%3172175.716-77%
Usd Free Cash Flow Per Share--0.0060.031-79%0.030-78%0.029-77%0.029-77%
Usd Free Cash Flow To Equity Per Share--0.006-0.068+1155%0.003+120%-0.002+133%-0.002+133%
Usd Market Cap1242413686.000-8%1336267846.8001294764306.020+3%1635101033.380-18%1011197379.111+32%1011197379.111+32%
Usd Price Per Share11.176-8%12.02011.647+3%14.708-18%9.096+32%9.096+32%
Usd Profit--8009188.1928783098.134-9%8389842.597-5%7605348.623+5%7605348.623+5%
Usd Revenue--30433073.03828785106.116+6%28437166.861+7%25115001.337+21%25115001.337+21%
Usd Total Gains Per Share--0.1090.155-30%0.113-3%0.173-37%0.173-37%
 EOD+4 -4MRQTTM+16 -19YOY+15 -205Y+16 -1910Y+16 -19

3.2. Fundamental Score

Let's check the fundamental score of Ningbo Yongxin Optics Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1538.781
Price to Book Ratio (EOD)Between0-15.081
Net Profit Margin (MRQ)Greater than00.263
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than12.752
Current Ratio (MRQ)Greater than16.545
Debt to Asset Ratio (MRQ)Less than10.117
Debt to Equity Ratio (MRQ)Less than10.132
Return on Equity (MRQ)Greater than0.150.033
Return on Assets (MRQ)Greater than0.050.029
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Ningbo Yongxin Optics Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.351
Ma 20Greater thanMa 5079.045
Ma 50Greater thanMa 10077.155
Ma 100Greater thanMa 20085.703
OpenGreater thanClose80.130
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  9,4754,88914,364-12,5701,7943,2865,080-17,737-12,657



Latest Balance Sheet

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

Summary
Total Assets2,000,140
Total Liabilities233,285
Total Stockholder Equity1,766,118
 As reported
Total Liabilities 233,285
Total Stockholder Equity+ 1,766,118
Total Assets = 2,000,140

Assets

Total Assets2,000,140
Total Current Assets1,360,483
Long-term Assets639,657
Total Current Assets
Cash And Cash Equivalents 545,460
Short-term Investments 395,000
Net Receivables 177,044
Inventory 220,926
Other Current Assets 527
Total Current Assets  (as reported)1,360,483
Total Current Assets  (calculated)1,338,957
+/- 21,526
Long-term Assets
Property Plant Equipment 464,837
Intangible Assets 83,882
Long-term Assets Other 22,734
Long-term Assets  (as reported)639,657
Long-term Assets  (calculated)571,453
+/- 68,205

Liabilities & Shareholders' Equity

Total Current Liabilities207,866
Long-term Liabilities25,419
Total Stockholder Equity1,766,118
Total Current Liabilities
Short Long Term Debt 40,028
Accounts payable 107,873
Other Current Liabilities 647
Total Current Liabilities  (as reported)207,866
Total Current Liabilities  (calculated)148,547
+/- 59,320
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt165
Long-term Liabilities  (as reported)25,419
Long-term Liabilities  (calculated)165
+/- 25,254
Total Stockholder Equity
Retained Earnings 992,081
Total Stockholder Equity (as reported)1,766,118
Total Stockholder Equity (calculated)992,081
+/- 774,036
Other
Capital Stock111,068
Common Stock Shares Outstanding 111,068
Net Invested Capital 1,806,145
Net Working Capital 1,152,616
Property Plant and Equipment Gross 464,837



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 
1,155,577
1,199,996
1,266,001
1,291,552
1,268,912
1,316,098
1,461,520
1,614,169
1,636,109
1,722,604
1,714,328
1,725,004
1,896,817
1,828,459
1,913,023
1,980,631
1,919,553
2,000,140
2,000,1401,919,5531,980,6311,913,0231,828,4591,896,8171,725,0041,714,3281,722,6041,636,1091,614,1691,461,5201,316,0981,268,9121,291,5521,266,0011,199,9961,155,577
   > Total Current Assets 
809,601
845,399
860,299
879,437
853,204
895,909
1,006,199
1,167,607
1,181,887
1,259,377
1,231,733
1,239,296
1,391,697
1,287,334
1,333,206
1,386,796
1,318,226
1,360,483
1,360,4831,318,2261,386,7961,333,2061,287,3341,391,6971,239,2961,231,7331,259,3771,181,8871,167,6071,006,199895,909853,204879,437860,299845,399809,601
       Cash And Cash Equivalents 
194,256
202,806
435,724
239,788
183,573
215,649
473,858
545,220
457,489
508,520
609,764
593,997
700,910
345,559
273,224
424,520
563,127
545,460
545,460563,127424,520273,224345,559700,910593,997609,764508,520457,489545,220473,858215,649183,573239,788435,724202,806194,256
       Short-term Investments 
0
0
120,000
340,000
355,000
400,000
135,000
80,000
210,000
275,000
240,000
270,370
284,460
542,414
667,084
535,493
345,000
395,000
395,000345,000535,493667,084542,414284,460270,370240,000275,000210,00080,000135,000400,000355,000340,000120,00000
       Net Receivables 
115,258
129,434
137,731
125,606
127,831
131,364
136,543
181,098
244,419
258,599
167,993
190,909
218,609
200,460
171,871
179,262
185,002
177,044
177,044185,002179,262171,871200,460218,609190,909167,993258,599244,419181,098136,543131,364127,831125,606137,731129,434115,258
       Inventory 
115,111
110,305
113,489
117,581
121,510
122,242
122,467
125,864
140,965
156,932
175,329
172,702
173,083
186,644
187,849
204,200
211,642
220,926
220,926211,642204,200187,849186,644173,083172,702175,329156,932140,965125,864122,467122,242121,510117,581113,489110,305115,111
       Other Current Assets 
370,028
385,028
3,356
56,462
5,290
26,654
8,332
235,424
9,013
60,326
8,647
11,318
14,635
12,256
18,687
10,712
13,455
527
52713,45510,71218,68712,25614,63511,3188,64760,3269,013235,4248,33226,6545,29056,4623,356385,028370,028
   > Long-term Assets 
345,976
354,597
405,702
412,115
415,709
420,189
455,321
446,562
454,222
463,227
482,595
485,707
505,120
541,125
579,817
593,835
601,327
639,657
639,657601,327593,835579,817541,125505,120485,707482,595463,227454,222446,562455,321420,189415,709412,115405,702354,597345,976
       Property Plant Equipment 
218,036
225,811
275,284
282,633
288,281
293,264
328,266
316,288
313,242
316,278
362,994
359,149
384,682
383,995
423,431
436,184
439,865
464,837
464,837439,865436,184423,431383,995384,682359,149362,994316,278313,242316,288328,266293,264288,281282,633275,284225,811218,036
       Goodwill 
0
0
0
0
0
0
0
1,710
1,710
1,741
1,710
1,710
1,710
1,710
0
0
0
0
00001,7101,7101,7101,7101,7411,7101,7100000000
       Intangible Assets 
1,579
57,832
57,460
57,062
56,717
56,321
55,959
53,208
52,912
52,587
52,988
53,018
52,622
83,029
82,261
81,734
81,782
83,882
83,88281,78281,73482,26183,02952,62253,01852,98852,58752,91253,20855,95956,32156,71757,06257,46057,8321,579
       Other Assets 
42,473
42,843
43,894
42,404
42,810
42,215
42,749
46,768
57,385
63,454
35,385
41,252
35,532
41,473
0
0
44,054
0
044,0540041,47335,53241,25235,38563,45457,38546,76842,74942,21542,81042,40443,89442,84342,473
> Total Liabilities 
109,589
109,840
137,267
105,653
94,733
107,246
203,143
231,078
259,625
290,050
236,691
191,432
372,732
240,916
245,133
264,496
239,703
233,285
233,285239,703264,496245,133240,916372,732191,432236,691290,050259,625231,078203,143107,24694,733105,653137,267109,840109,589
   > Total Current Liabilities 
93,168
95,515
122,487
92,319
88,125
98,737
193,093
220,608
249,796
280,697
220,633
178,157
359,525
228,608
210,567
230,803
211,041
207,866
207,866211,041230,803210,567228,608359,525178,157220,633280,697249,796220,608193,09398,73788,12592,319122,48795,51593,168
       Short Long Term Debt 
0
0
0
0
0
0
25,027
57,756
80,208
90,671
25,025
25,025
140,078
40,078
40,028
40,028
40,028
40,028
40,02840,02840,02840,02840,078140,07825,02525,02590,67180,20857,75625,027000000
       Accounts payable 
56,218
58,729
73,190
63,034
54,751
63,021
104,632
103,130
121,989
131,251
132,753
109,797
125,172
120,819
105,796
116,011
112,674
107,873
107,873112,674116,011105,796120,819125,172109,797132,753131,251121,989103,130104,63263,02154,75163,03473,19058,72956,218
       Other Current Liabilities 
0
27,093
27,686
22,282
12,540
24,382
39,636
50,462
26,969
44,607
35,041
35,529
69,102
52,214
35,666
1,930
34,798
647
64734,7981,93035,66652,21469,10235,52935,04144,60726,96950,46239,63624,38212,54022,28227,68627,0930
   > Long-term Liabilities 
16,421
14,325
14,779
13,334
6,608
8,509
10,050
10,470
9,828
9,353
16,058
13,275
13,207
12,308
34,566
33,693
28,662
25,419
25,41928,66233,69334,56612,30813,20713,27516,0589,3539,82810,47010,0508,5096,60813,33414,77914,32516,421
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
957
783
783
301
301
301
301
39
103
165
165
165165103393013013013017837839570000000
       Other Liabilities 
16,421
14,325
14,779
13,334
6,608
8,509
10,050
9,512
9,045
8,570
15,757
12,974
12,906
12,007
0
0
28,497
0
028,4970012,00712,90612,97415,7578,5709,0459,51210,0508,5096,60813,33414,77914,32516,421
> Total Stockholder Equity
1,045,988
1,090,156
1,128,735
1,185,899
1,174,179
1,208,852
1,258,377
1,381,414
1,374,832
1,430,961
1,476,132
1,532,199
1,522,792
1,586,302
1,666,860
1,715,263
1,678,839
1,766,118
1,766,1181,678,8391,715,2631,666,8601,586,3021,522,7921,532,1991,476,1321,430,9611,374,8321,381,4141,258,3771,208,8521,174,1791,185,8991,128,7351,090,1561,045,988
   Common Stock
109,200
109,200
109,200
110,545
110,545
110,530
110,530
110,495
110,495
110,495
110,495
110,478
110,478
110,478
0
0
110,450
0
0110,45000110,478110,478110,478110,495110,495110,495110,495110,530110,530110,545110,545109,200109,200109,200
   Retained Earnings 
358,245
401,713
490,313
521,127
505,141
536,160
603,357
723,362
708,640
762,702
806,305
860,312
843,567
905,771
924,382
971,767
995,681
992,081
992,081995,681971,767924,382905,771843,567860,312806,305762,702708,640723,362603,357536,160505,141521,127490,313401,713358,245
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
15,754
16,454
16,647
17,376
17,945
18,269
18,413
19,146
19,508
19,845
97,536
20,513
21,235
21,739
0
0
24,039
0
024,0390021,73921,23520,51397,53619,84519,50819,14618,41318,26917,94517,37616,64716,45415,754



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 (+$)
totalRevenue831,939
Cost of Revenue-495,063
Gross Profit336,876336,876
 
Operating Income (+$)
Gross Profit336,876
Operating Expense-610,950
Operating Income220,990-274,074
 
Operating Expense (+$)
Research Development86,898
Selling General Administrative62,590
Selling And Marketing Expenses-
Operating Expense610,950149,487
 
Net Interest Income (+$)
Interest Income4,994
Interest Expense-2,146
Other Finance Cost-30,077
Net Interest Income-27,230
 
Pretax Income (+$)
Operating Income220,990
Net Interest Income-27,230
Other Non-Operating Income Expenses-
Income Before Tax (EBT)270,928220,990
EBIT - interestExpense = -2,146
253,847
255,993
Interest Expense2,146
Earnings Before Interest and Taxes (EBIT)-273,074
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax270,928
Tax Provision-17,585
Net Income From Continuing Ops253,343253,343
Net Income253,847
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-27,230
 

Technical Analysis of Ningbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The general trend of Ningbo Yongxin Optics Co Ltd is BEARISH 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 Ningbo Yongxin Optics 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 (-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 Ningbo Yongxin Optics 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: 91.55 < 91.87 < 100.20.

The bearish price targets are: 73.23 > 58.77 > 58.36.

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Ningbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The current mas is .

The long score for the Moving Averages is 5/14.
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 above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is 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 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 below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Ningbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The current macd is 1.11144504.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ningbo Yongxin Optics Co Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Ningbo Yongxin Optics Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Ningbo Yongxin Optics Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Ningbo Yongxin Optics Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNingbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The current adx is 21.49.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-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 Ningbo Yongxin Optics Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Ningbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The current sar is 78.38.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Ningbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The current rsi is 55.35. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Ningbo Yongxin Optics Co Ltd Daily Relative Strength Index (RSI) ChartNingbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The current phase is Correction 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 above 50. There are more buyers than sellers. +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 Ningbo Yongxin Optics Co Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Ningbo Yongxin Optics Co Ltd Daily Stochastic Oscillator ChartNingbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The current cci is 46.80.

Ningbo Yongxin Optics Co Ltd Daily Commodity Channel Index (CCI) ChartNingbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The current cmo is 14.40.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Ningbo Yongxin Optics Co Ltd Daily Chande Momentum Oscillator (CMO) ChartNingbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The current willr is -26.36457261.

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 Ningbo Yongxin Optics Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Ningbo Yongxin Optics Co Ltd Daily Williams %R ChartNingbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd.

Ningbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The current atr is 3.03606967.

Ningbo Yongxin Optics Co Ltd Daily Average True Range (ATR) ChartNingbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The current obv is 10,064,860.

Ningbo Yongxin Optics Co Ltd Daily On-Balance Volume (OBV) ChartNingbo Yongxin Optics 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 Ningbo Yongxin Optics Co Ltd. The current mfi is 65.03.

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

  • MFI > 50: +1
Ningbo Yongxin Optics Co Ltd Daily Money Flow Index (MFI) ChartNingbo Yongxin Optics Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ningbo Yongxin Optics 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
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04DMI 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.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22CMO 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
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH 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
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08DMI 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
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH 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.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Ningbo Yongxin Optics Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ningbo Yongxin Optics Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.351
Ma 20Greater thanMa 5079.045
Ma 50Greater thanMa 10077.155
Ma 100Greater thanMa 20085.703
OpenGreater thanClose80.130
Total3/5 (60.0%)
Penke

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