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Shanghai Rongtai Health Tech
Buy, Hold or Sell?

Let's analyse Shanghai Rongtai Health Tech together

PenkeI guess you are interested in Shanghai Rongtai Health Tech. 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 Shanghai Rongtai Health Tech. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Shanghai Rongtai Health Tech (30 sec.)










What can you expect buying and holding a share of Shanghai Rongtai Health Tech? (30 sec.)

How much money do you get?

How much money do you get?
¥0.07
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥14.41
Expected worth in 1 year
¥15.81
How sure are you?
97.0%

+ What do you gain per year?

Total Gains per Share
¥1.93
Return On Investment
9.8%

For what price can you sell your share?

Current Price per Share
¥19.60
Expected price per share
¥15.40 - ¥22.81
How sure are you?
50%

1. Valuation of Shanghai Rongtai Health Tech (5 min.)




Live pricePrice per Share (EOD)

¥19.60

Intrinsic Value Per Share

¥-46.45 - ¥-56.56

Total Value Per Share

¥-32.04 - ¥-42.15

2. Growth of Shanghai Rongtai Health Tech (5 min.)




Is Shanghai Rongtai Health Tech growing?

Current yearPrevious yearGrowGrow %
How rich?$277.1m$249.8m$16.1m6.1%

How much money is Shanghai Rongtai Health Tech making?

Current yearPrevious yearGrowGrow %
Making money$6.5m$5.9m$584.3k8.9%
Net Profit Margin10.8%7.6%--

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

3. Financial Health of Shanghai Rongtai Health Tech (5 min.)




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




  Industry Rankings (Leisure)  


Richest
#49 / 170

Most Revenue
#82 / 170

Most Profit
#47 / 170

What can you expect buying and holding a share of Shanghai Rongtai Health Tech? (5 min.)

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

What can you expect buying and holding a share of Shanghai Rongtai Health Tech?

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

Speculation

The Price per Share of Shanghai Rongtai Health Tech is ¥19.60. 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 Shanghai Rongtai Health Tech.
  • 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 Shanghai Rongtai Health Tech, 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 ¥14.41. Based on the TTM, the Book Value Change Per Share is ¥0.35 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.21 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 ¥0.13 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shanghai Rongtai Health Tech.

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 Eps0.050.2%0.050.2%0.040.2%0.050.3%0.050.3%
Usd Book Value Change Per Share0.090.5%0.050.2%0.030.1%0.030.1%0.060.3%
Usd Dividend Per Share0.000.0%0.020.1%0.030.1%0.030.2%0.030.2%
Usd Total Gains Per Share0.100.5%0.070.3%0.050.3%0.060.3%0.100.5%
Usd Price Per Share3.29-3.03-3.60-3.92-4.69-
Price to Earnings Ratio17.62-16.96-22.15-19.65-22.24-
Price-to-Total Gains Ratio34.58-51.23-71.63--52.78--10.28-
Price to Book Ratio1.65-1.59-2.02-2.33-3.19-
Price-to-Total Gains Ratio34.58-51.23-71.63--52.78--10.28-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.71264
Number of shares368
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.03
Usd Book Value Change Per Share0.050.03
Usd Total Gains Per Share0.070.06
Gains per Quarter (368 shares)24.5721.69
Gains per Year (368 shares)98.2786.77
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1277188444377
2541431868886164
381214284131129251
4108286382175172338
5134357480219215425
6161428578263258512
7188500676306301599
8215571774350344686
9242642872394387773
10269714970438430860

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%19.00.00.0100.0%33.00.00.0100.0%33.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%15.04.00.078.9%27.04.02.081.8%27.04.02.081.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%19.00.00.0100.0%33.00.00.0100.0%33.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%18.01.00.094.7%32.01.00.097.0%32.01.00.097.0%

Fundamentals of Shanghai Rongtai Health Tech

About Shanghai Rongtai Health Tech

Shanghai Rongtai Health Technology Corporation Limited engages in the research and development, design, production, and sales of massage appliances in China and internationally. The company's products include neck massager, eye massager, massage backrest, massage belt, foot massager, massage cushion, hand-held massager, etc. It also provides shared massage services. The company was founded in 1997 and is based in Shanghai, China.

Fundamental data was last updated by Penke on 2024-03-27 22:58:07.

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

Valuation

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

1.1. Profitability of Shanghai Rongtai Health Tech.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Shanghai Rongtai Health Tech earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Shanghai Rongtai Health Tech to the Leisure industry mean.
  • A Net Profit Margin of 11.5% means that ¥0.11 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Shanghai Rongtai Health Tech:

  • The MRQ is 11.5%. The company is making a huge profit. +2
  • The TTM is 10.8%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ11.5%TTM10.8%+0.7%
TTM10.8%YOY7.6%+3.2%
TTM10.8%5Y10.2%+0.6%
5Y10.2%10Y11.2%-0.9%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ11.5%1.5%+10.0%
TTM10.8%1.4%+9.4%
YOY7.6%4.7%+2.9%
5Y10.2%0.2%+10.0%
10Y11.2%2.3%+8.9%
1.1.2. Return on Assets

Shows how efficient Shanghai Rongtai Health Tech is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Shanghai Rongtai Health Tech to the Leisure industry mean.
  • 1.4% Return on Assets means that Shanghai Rongtai Health Tech generated ¥0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shanghai Rongtai Health Tech:

  • The MRQ is 1.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.4%TTM1.4%0.0%
TTM1.4%YOY1.3%+0.1%
TTM1.4%5Y2.0%-0.6%
5Y2.0%10Y3.0%-0.9%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%0.3%+1.1%
TTM1.4%0.5%+0.9%
YOY1.3%0.9%+0.4%
5Y2.0%0.5%+1.5%
10Y3.0%1.0%+2.0%
1.1.3. Return on Equity

Shows how efficient Shanghai Rongtai Health Tech is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Shanghai Rongtai Health Tech to the Leisure industry mean.
  • 2.3% Return on Equity means Shanghai Rongtai Health Tech generated ¥0.02 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shanghai Rongtai Health Tech:

  • The MRQ is 2.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.3%TTM2.5%-0.1%
TTM2.5%YOY2.4%+0.1%
TTM2.5%5Y3.2%-0.8%
5Y3.2%10Y5.4%-2.2%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%0.7%+1.6%
TTM2.5%1.0%+1.5%
YOY2.4%1.7%+0.7%
5Y3.2%0.6%+2.6%
10Y5.4%1.7%+3.7%

1.2. Operating Efficiency of Shanghai Rongtai Health Tech.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shanghai Rongtai Health Tech is operating .

  • Measures how much profit Shanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech to the Leisure 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 Shanghai Rongtai Health Tech:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM7.9%-7.9%
TTM7.9%YOY7.5%+0.3%
TTM7.9%5Y10.2%-2.4%
5Y10.2%10Y5.9%+4.3%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM7.9%4.6%+3.3%
YOY7.5%4.9%+2.6%
5Y10.2%2.8%+7.4%
10Y5.9%3.4%+2.5%
1.2.2. Operating Ratio

Measures how efficient Shanghai Rongtai Health Tech is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Leisure industry mean).
  • An Operation Ratio of 1.56 means that the operating costs are ¥1.56 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Shanghai Rongtai Health Tech:

  • The MRQ is 1.558. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.584. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.558TTM1.584-0.027
TTM1.584YOY1.662-0.078
TTM1.5845Y1.602-0.018
5Y1.60210Y1.189+0.413
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5581.356+0.202
TTM1.5841.356+0.228
YOY1.6621.381+0.281
5Y1.6021.367+0.235
10Y1.1891.194-0.005

1.3. Liquidity of Shanghai Rongtai Health Tech.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Shanghai Rongtai Health Tech is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Leisure industry mean).
  • A Current Ratio of 3.86 means the company has ¥3.86 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Shanghai Rongtai Health Tech:

  • The MRQ is 3.862. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.068. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.862TTM3.068+0.794
TTM3.068YOY2.323+0.745
TTM3.0685Y2.521+0.547
5Y2.52110Y1.452+1.070
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ3.8621.765+2.097
TTM3.0681.774+1.294
YOY2.3231.752+0.571
5Y2.5211.913+0.608
10Y1.4521.761-0.309
1.3.2. Quick Ratio

Measures if Shanghai Rongtai Health Tech is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Shanghai Rongtai Health Tech to the Leisure industry mean.
  • A Quick Ratio of 0.35 means the company can pay off ¥0.35 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shanghai Rongtai Health Tech:

  • The MRQ is 0.349. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.257. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.349TTM0.257+0.092
TTM0.257YOY0.379-0.122
TTM0.2575Y0.420-0.163
5Y0.42010Y0.315+0.106
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3490.661-0.312
TTM0.2570.706-0.449
YOY0.3790.784-0.405
5Y0.4200.907-0.487
10Y0.3150.775-0.460

1.4. Solvency of Shanghai Rongtai Health Tech.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Shanghai Rongtai Health Tech assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Shanghai Rongtai Health Tech to Leisure industry mean.
  • A Debt to Asset Ratio of 0.39 means that Shanghai Rongtai Health Tech assets are financed with 39.1% credit (debt) and the remaining percentage (100% - 39.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shanghai Rongtai Health Tech:

  • The MRQ is 0.391. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.421. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.391TTM0.421-0.030
TTM0.421YOY0.459-0.038
TTM0.4215Y0.391+0.029
5Y0.39110Y0.414-0.023
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3910.458-0.067
TTM0.4210.459-0.038
YOY0.4590.484-0.025
5Y0.3910.456-0.065
10Y0.4140.448-0.034
1.4.2. Debt to Equity Ratio

Measures if Shanghai Rongtai Health Tech is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Shanghai Rongtai Health Tech to the Leisure industry mean.
  • A Debt to Equity ratio of 64.2% means that company has ¥0.64 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shanghai Rongtai Health Tech:

  • The MRQ is 0.642. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.731. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.642TTM0.731-0.089
TTM0.731YOY0.851-0.120
TTM0.7315Y0.663+0.068
5Y0.66310Y0.749-0.086
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6420.758-0.116
TTM0.7310.812-0.081
YOY0.8510.909-0.058
5Y0.6630.913-0.250
10Y0.7490.894-0.145

2. Market Valuation of Shanghai Rongtai Health Tech

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 Shanghai Rongtai Health Tech generates.

  • Above 15 is considered overpriced but always compare Shanghai Rongtai Health Tech to the Leisure industry mean.
  • A PE ratio of 17.62 means the investor is paying ¥17.62 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shanghai Rongtai Health Tech:

  • The EOD is 14.546. Based on the earnings, the company is underpriced. +1
  • The MRQ is 17.618. Based on the earnings, the company is fair priced.
  • The TTM is 16.958. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD14.546MRQ17.618-3.072
MRQ17.618TTM16.958+0.660
TTM16.958YOY22.155-5.196
TTM16.9585Y19.655-2.696
5Y19.65510Y22.238-2.583
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD14.5467.528+7.018
MRQ17.6187.046+10.572
TTM16.95811.386+5.572
YOY22.1558.357+13.798
5Y19.65511.581+8.074
10Y22.23814.427+7.811
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Shanghai Rongtai Health Tech:

  • The EOD is -10.672. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -12.926. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 35.270. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD-10.672MRQ-12.926+2.254
MRQ-12.926TTM35.270-48.196
TTM35.270YOY8.572+26.698
TTM35.2705Y14.876+20.394
5Y14.87610Y49.491-34.615
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD-10.6722.664-13.336
MRQ-12.9263.145-16.071
TTM35.2700.229+35.041
YOY8.5721.977+6.595
5Y14.876-0.010+14.886
10Y49.4910.488+49.003
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Shanghai Rongtai Health Tech is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Leisure industry mean).
  • A PB ratio of 1.65 means the investor is paying ¥1.65 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Shanghai Rongtai Health Tech:

  • The EOD is 1.360. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.648. Based on the equity, the company is underpriced. +1
  • The TTM is 1.586. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.360MRQ1.648-0.287
MRQ1.648TTM1.586+0.062
TTM1.586YOY2.018-0.433
TTM1.5865Y2.331-0.745
5Y2.33110Y3.193-0.862
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD1.3601.469-0.109
MRQ1.6481.649-0.001
TTM1.5861.720-0.134
YOY2.0181.977+0.041
5Y2.3312.203+0.128
10Y3.1932.522+0.671
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Shanghai Rongtai Health Tech 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--0.6820.350+95%0.211+224%0.211+223%0.437+56%
Book Value Per Share--14.40713.780+5%12.895+12%12.335+17%9.647+49%
Current Ratio--3.8623.068+26%2.323+66%2.521+53%1.452+166%
Debt To Asset Ratio--0.3910.421-7%0.459-15%0.3910%0.414-6%
Debt To Equity Ratio--0.6420.731-12%0.851-25%0.663-3%0.749-14%
Dividend Per Share--0.0040.132-97%0.185-98%0.215-98%0.253-98%
Eps--0.3370.341-1%0.310+9%0.392-14%0.376-10%
Free Cash Flow Per Share---0.4590.270-270%0.493-193%0.293-257%0.338-236%
Free Cash Flow To Equity Per Share---0.459-0.260-43%0.849-154%0.356-229%1.024-145%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---56.557--------
Intrinsic Value_10Y_min---46.448--------
Intrinsic Value_1Y_max--0.328--------
Intrinsic Value_1Y_min--0.326--------
Intrinsic Value_3Y_max---3.583--------
Intrinsic Value_3Y_min---3.328--------
Intrinsic Value_5Y_max---13.003--------
Intrinsic Value_5Y_min---11.676--------
Market Cap2723890400.000-21%3299251567.5403049715237.098+8%3638338120.640-9%3956351916.591-17%4716851175.007-30%
Net Profit Margin--0.1150.108+6%0.076+51%0.102+12%0.112+3%
Operating Margin---0.079-100%0.075-100%0.102-100%0.059-100%
Operating Ratio--1.5581.584-2%1.662-6%1.602-3%1.189+31%
Pb Ratio1.360-21%1.6481.586+4%2.018-18%2.331-29%3.193-48%
Pe Ratio14.546-21%17.61816.958+4%22.155-20%19.655-10%22.238-21%
Price Per Share19.600-21%23.74021.868+9%25.988-9%28.314-16%33.852-30%
Price To Free Cash Flow Ratio-10.672+17%-12.92635.270-137%8.572-251%14.876-187%49.491-126%
Price To Total Gains Ratio28.550-21%34.58151.228-32%71.635-52%-52.778+253%-10.281+130%
Quick Ratio--0.3490.257+36%0.379-8%0.420-17%0.315+11%
Return On Assets--0.0140.014-1%0.013+10%0.020-29%0.030-52%
Return On Equity--0.0230.025-6%0.024-2%0.032-28%0.054-57%
Total Gains Per Share--0.6870.482+42%0.396+73%0.426+61%0.6890%
Usd Book Value--277108020.089265983476.385+4%249850508.468+11%238538963.957+16%186298596.065+49%
Usd Book Value Change Per Share--0.0940.048+95%0.029+224%0.029+223%0.060+56%
Usd Book Value Per Share--1.9941.907+5%1.785+12%1.707+17%1.335+49%
Usd Dividend Per Share--0.0010.018-97%0.026-98%0.030-98%0.035-98%
Usd Eps--0.0470.047-1%0.043+9%0.054-14%0.052-10%
Usd Free Cash Flow---8831551.4745217363.219-269%9560115.469-192%5670298.691-256%6324658.388-240%
Usd Free Cash Flow Per Share---0.0640.037-270%0.068-193%0.041-257%0.047-236%
Usd Free Cash Flow To Equity Per Share---0.064-0.036-43%0.117-154%0.049-229%0.142-145%
Usd Market Cap376986431.360-21%456616416.948422080588.814+8%503545995.897-9%547559105.256-17%652812202.621-30%
Usd Price Per Share2.713-21%3.2863.026+9%3.597-9%3.919-16%4.685-30%
Usd Profit--6479372.4786584208.614-2%5999850.089+8%7582050.059-15%7250028.955-11%
Usd Revenue--56491186.52160226799.903-6%79918442.612-29%74662386.670-24%66617157.910-15%
Usd Total Gains Per Share--0.0950.067+42%0.055+73%0.059+61%0.0950%
 EOD+3 -5MRQTTM+17 -18YOY+20 -155Y+17 -1810Y+15 -20

3.2. Fundamental Score

Let's check the fundamental score of Shanghai Rongtai Health Tech based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1514.546
Price to Book Ratio (EOD)Between0-11.360
Net Profit Margin (MRQ)Greater than00.115
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.349
Current Ratio (MRQ)Greater than13.862
Debt to Asset Ratio (MRQ)Less than10.391
Debt to Equity Ratio (MRQ)Less than10.642
Return on Equity (MRQ)Greater than0.150.023
Return on Assets (MRQ)Greater than0.050.014
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Shanghai Rongtai Health Tech based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose19.100
Total0/1 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets3,285,597
Total Liabilities1,283,372
Total Stockholder Equity1,998,051
 As reported
Total Liabilities 1,283,372
Total Stockholder Equity+ 1,998,051
Total Assets = 3,285,597

Assets

Total Assets3,285,597
Total Current Assets2,064,141
Long-term Assets1,221,456
Total Current Assets
Cash And Cash Equivalents 1,054,784
Short-term Investments 362
Net Receivables 186,207
Inventory 167,777
Other Current Assets 606,606
Total Current Assets  (as reported)2,064,141
Total Current Assets  (calculated)2,015,737
+/- 48,404
Long-term Assets
Property Plant Equipment 547,865
Goodwill 524
Intangible Assets 93,880
Long-term Assets Other 283,012
Long-term Assets  (as reported)1,221,456
Long-term Assets  (calculated)925,281
+/- 296,175

Liabilities & Shareholders' Equity

Total Current Liabilities534,426
Long-term Liabilities748,946
Total Stockholder Equity1,998,051
Total Current Liabilities
Short Long Term Debt 128,951
Accounts payable 267,446
Other Current Liabilities 1,607
Total Current Liabilities  (as reported)534,426
Total Current Liabilities  (calculated)398,004
+/- 136,422
Long-term Liabilities
Long term Debt 624,771
Long-term Liabilities Other 77,905
Long-term Liabilities  (as reported)748,946
Long-term Liabilities  (calculated)702,675
+/- 46,271
Total Stockholder Equity
Retained Earnings 1,118,791
Total Stockholder Equity (as reported)1,998,051
Total Stockholder Equity (calculated)1,118,791
+/- 879,260
Other
Capital Stock138,974
Common Stock Shares Outstanding 138,974
Net Invested Capital 2,751,773
Net Working Capital 1,529,715
Property Plant and Equipment Gross 547,865



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312014-12-312014-06-302014-03-312013-12-312012-12-312011-12-31
> Total Assets 
221,987
237,528
303,361
348,865
348,865
442,038
671,793
0
772,750
850,258
1,080,150
1,833,976
1,871,999
1,908,443
2,187,140
2,259,863
2,335,649
2,308,294
2,227,866
2,284,062
2,209,957
2,461,373
2,316,012
2,220,666
2,225,335
2,950,274
3,015,303
3,162,696
3,071,148
3,277,933
3,370,610
3,300,276
3,402,961
3,423,825
3,259,731
3,313,110
3,285,597
3,285,5973,313,1103,259,7313,423,8253,402,9613,300,2763,370,6103,277,9333,071,1483,162,6963,015,3032,950,2742,225,3352,220,6662,316,0122,461,3732,209,9572,284,0622,227,8662,308,2942,335,6492,259,8632,187,1401,908,4431,871,9991,833,9761,080,150850,258772,7500671,793442,038348,865348,865303,361237,528221,987
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,674,069
1,681,884
1,501,606
1,734,317
1,433,305
1,349,055
1,321,800
1,816,812
1,835,029
2,032,373
1,923,649
2,038,261
2,131,739
2,027,799
2,126,503
2,270,578
2,038,128
2,023,612
2,064,141
2,064,1412,023,6122,038,1282,270,5782,126,5032,027,7992,131,7392,038,2611,923,6492,032,3731,835,0291,816,8121,321,8001,349,0551,433,3051,734,3171,501,6061,681,8841,674,069000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
545,317
1,010,769
536,700
875,856
601,295
799,158
618,606
882,665
763,340
1,007,824
672,056
1,109,245
1,284,377
1,161,889
1,236,468
1,329,776
1,242,748
1,222,105
1,054,784
1,054,7841,222,1051,242,7481,329,7761,236,4681,161,8891,284,3771,109,245672,0561,007,824763,340882,665618,606799,158601,295875,856536,7001,010,769545,317000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
714,365
20,000
22,518
143,900
130,876
258
14,820
110,424
186,869
356,174
205,061
215,228
31,790
163,961
171,987
53,038
1,541
1,286
362
3621,2861,54153,038171,987163,96131,790215,228205,061356,174186,869110,42414,820258130,876143,90022,51820,000714,365000000000000000000
       Net Receivables 
56,479
46,104
56,085
50,652
50,652
75,359
50,453
0
77,493
0
92,363
76,465
112,587
128,511
157,761
136,864
162,522
140,194
104,105
131,709
126,566
198,107
146,322
248,788
178,961
176,359
140,223
194,471
263,696
221,011
184,309
202,372
164,743
109,419
136,297
207,912
186,207
186,207207,912136,297109,419164,743202,372184,309221,011263,696194,471140,223176,359178,961248,788146,322198,107126,566131,709104,105140,194162,522136,864157,761128,511112,58776,46592,363077,493050,45375,35950,65250,65256,08546,10456,479
       Other Current Assets 
6,548
11,682
12,151
12,091
12,091
16,778
24,016
0
26,604
587,221
49,679
77,518
56,995
68,745
329,881
518,904
117,873
928,481
47,975
228,111
526,924
280,562
329,237
70,612
273,324
58,144
441,068
80,673
464,309
61,212
325,283
62,592
309,119
50,499
480,501
22,143
606,606
606,60622,143480,50150,499309,11962,592325,28361,212464,30980,673441,06858,144273,32470,612329,237280,562526,924228,11147,975928,481117,873518,904329,88168,74556,99577,51849,679587,22126,604024,01616,77812,09112,09112,15111,6826,548
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
553,797
602,179
708,352
727,056
882,707
871,611
903,535
1,133,462
1,180,274
1,130,322
1,147,500
1,239,671
1,238,871
1,272,477
1,276,458
1,153,247
1,221,602
1,289,498
1,221,456
1,221,4561,289,4981,221,6021,153,2471,276,4581,272,4771,238,8711,239,6711,147,5001,130,3221,180,2741,133,462903,535871,611882,707727,056708,352602,179553,797000000000000000000
       Property Plant Equipment 
33,704
51,727
71,676
79,869
79,869
94,932
147,239
0
179,742
0
216,580
229,176
316,038
351,337
375,468
393,211
386,795
392,552
377,824
320,697
308,474
353,113
343,528
342,811
350,866
525,564
527,809
540,927
534,976
538,007
546,430
536,219
536,140
554,867
552,362
546,084
547,865
547,865546,084552,362554,867536,140536,219546,430538,007534,976540,927527,809525,564350,866342,811343,528353,113308,474320,697377,824392,552386,795393,211375,468351,337316,038229,176216,5800179,7420147,23994,93279,86979,86971,67651,72733,704
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
323
323
323
323
323
517
524
524
524
524
524
524
524
524
524
524
524
524
524
524
524
524
524
524
524
524524524524524524524524524524524524524524524524524524524517323323323323323000000000000
       Intangible Assets 
6,478
16,195
16,609
16,718
16,718
31,818
31,790
0
31,345
0
33,328
33,331
33,603
34,657
71,542
70,767
70,984
71,656
69,651
7,331
68,216
67,931
69,897
66,861
66,322
65,628
64,845
71,421
70,606
97,071
96,183
98,491
97,556
96,590
95,625
94,741
93,880
93,88094,74195,62596,59097,55698,49196,18397,07170,60671,42164,84565,62866,32266,86169,89767,93168,2167,33169,65171,65670,98470,76771,54234,65733,60333,33133,328031,345031,79031,81816,71816,71816,60916,1956,478
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,811
27,598
85,953
86,933
250,186
254,497
633,110
324,261
377,938
295,423
311,645
356,770
353,881
405,195
396,973
263,891
345,871
416,487
283,012
283,012416,487345,871263,891396,973405,195353,881356,770311,645295,423377,938324,261633,110254,497250,18686,93385,95327,59814,811000000000000000000
> Total Liabilities 
88,699
95,593
172,843
189,938
189,938
246,792
359,025
0
398,461
434,717
623,009
631,682
606,075
589,093
803,949
835,514
892,459
863,445
675,522
727,584
638,408
829,946
656,390
701,540
648,191
1,299,989
1,305,830
1,454,006
1,368,382
1,497,786
1,528,376
1,522,366
1,582,138
1,553,735
1,352,059
1,405,714
1,283,372
1,283,3721,405,7141,352,0591,553,7351,582,1381,522,3661,528,3761,497,7861,368,3821,454,0061,305,8301,299,989648,191701,540656,390829,946638,408727,584675,522863,445892,459835,514803,949589,093606,075631,682623,009434,717398,4610359,025246,792189,938189,938172,84395,59388,699
   > Total Current Liabilities 
81,798
87,567
159,510
178,668
178,668
233,470
334,850
0
345,209
0
571,158
622,207
593,947
570,565
777,212
765,593
830,590
798,229
640,673
678,508
583,453
768,065
636,941
685,653
629,281
704,567
707,060
849,161
760,860
871,717
895,008
894,147
922,894
890,150
672,224
715,571
534,426
534,426715,571672,224890,150922,894894,147895,008871,717760,860849,161707,060704,567629,281685,653636,941768,065583,453678,508640,673798,229830,590765,593777,212570,565593,947622,207571,1580345,2090334,850233,470178,668178,668159,51087,56781,798
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100,000
50,000
0
70
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000070050,000100,000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100,000
50,000
0
70
186,071
100,099
0
0
0
0
0
114,768
249,488
228,806
345,816
408,521
262,015
205,268
128,951
128,951205,268262,015408,521345,816228,806249,488114,76800000100,099186,07170050,000100,000000000000000000000
       Accounts payable 
50,995
60,647
105,387
129,678
129,678
192,023
279,953
0
235,799
0
292,623
271,536
371,754
364,941
498,491
486,206
457,092
327,017
383,352
479,502
389,481
546,291
290,409
419,678
475,069
530,522
499,835
593,147
523,549
595,112
501,683
487,568
371,615
321,169
289,390
374,956
267,446
267,446374,956289,390321,169371,615487,568501,683595,112523,549593,147499,835530,522475,069419,678290,409546,291389,481479,502383,352327,017457,092486,206498,491364,941371,754271,536292,6230235,7990279,953192,023129,678129,678105,38760,64750,995
       Other Current Liabilities 
15,804
16,920
31,762
36,630
36,630
31,447
44,898
0
63,411
0
69,835
99,971
66,493
77,924
128,721
109,387
118,498
181,211
35,000
35,000
30,000
156,445
137,935
112,996
123,728
135,917
183,632
204,445
181,936
112,313
123,875
134,229
160,683
108,980
99,844
99,738
1,607
1,60799,73899,844108,980160,683134,229123,875112,313181,936204,445183,632135,917123,728112,996137,935156,44530,00035,00035,000181,211118,498109,387128,72177,92466,49399,97169,835063,411044,89831,44736,63036,63031,76216,92015,804
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
34,848
49,076
54,954
61,880
19,449
15,887
18,910
595,422
598,770
604,845
607,522
626,069
633,369
628,219
659,244
663,585
679,836
690,142
748,946
748,946690,142679,836663,585659,244628,219633,369626,069607,522604,845598,770595,42218,91015,88719,44961,88054,95449,07634,848000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-100,000
-50,000
0
-70
0
0
0
0
0
9,096
7,233
1,957
3,463
1,256
926
0
0
0
0
00009261,2563,4631,9577,2339,09600000-700-50,000-100,000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19,622
33,970
39,972
46,311
4,161
982
3,225
23,810
21,950
11,630
9,931
23,661
18,967
13,317
35,891
36,704
37,055
42,078
77,905
77,90542,07837,05536,70435,89113,31718,96723,6619,93111,63021,95023,8103,2259824,16146,31139,97233,97019,622000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,795
9,435
11,419
10,865
9,147
6,537
5,600
6,354
5,876
4,695
23,930
26,826
23,123
19,442
16,590
9,472
5,922
0
0
005,9229,47216,59019,44223,12326,82623,9304,6955,8766,3545,6006,5379,14710,86511,4199,43510,795000000000000000000
> Total Stockholder Equity
132,400
139,147
127,472
155,910
155,910
193,115
309,567
312,768
370,638
415,541
451,228
1,193,576
1,254,866
1,304,545
1,366,865
1,411,978
1,430,576
1,435,578
1,547,411
1,549,490
1,563,446
1,628,992
1,658,622
1,522,861
1,583,364
1,659,417
1,718,216
1,718,488
1,715,500
1,776,370
1,838,232
1,774,162
1,816,915
1,866,194
1,903,619
1,903,455
1,998,051
1,998,0511,903,4551,903,6191,866,1941,816,9151,774,1621,838,2321,776,3701,715,5001,718,4881,718,2161,659,4171,583,3641,522,8611,658,6221,628,9921,563,4461,549,4901,547,4111,435,5781,430,5761,411,9781,366,8651,304,5451,254,8661,193,576451,228415,541370,638312,768309,567193,115155,910155,910127,472139,147132,400
   Common Stock
25,000
25,000
50,000
52,500
52,500
52,500
52,500
0
52,500
415,541
52,500
70,000
70,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
140,003
140,003
140,003
140,003
140,003
0
139,974
0
0
00139,9740140,003140,003140,003140,003140,003140,000140,000140,000140,000140,000140,000140,000140,000140,000140,000140,000140,000140,000140,000140,00070,00070,00052,500415,54152,500052,50052,50052,50052,50050,00025,00025,000
   Retained Earnings 
54,131
60,895
7,116
19,884
19,884
56,195
172,648
0
233,718
0
313,668
326,572
382,924
426,677
487,844
546,098
559,168
559,636
612,822
650,133
722,129
878,464
908,104
773,137
833,529
866,734
935,427
939,020
987,366
1,034,865
1,093,345
1,025,796
1,065,052
1,034,398
1,141,855
1,071,837
1,118,791
1,118,7911,071,8371,141,8551,034,3981,065,0521,025,7961,093,3451,034,865987,366939,020935,427866,734833,529773,137908,104878,464722,129650,133612,822559,636559,168546,098487,844426,677382,924326,572313,6680233,7180172,64856,19519,88419,8847,11660,89554,131
   Capital Surplus 0000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-41
-21
33
10
1
-794
-682
42,165
42,097
41,107
40,911
41,726
41,397
40,273
40,073
0
38,125
0
0
0038,125040,07340,27341,39741,72640,91141,10742,09742,165-682-79411033-21-41000000000000000000



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 (+$)
totalRevenue1,740,659
Cost of Revenue-1,207,617
Gross Profit533,042533,042
 
Operating Income (+$)
Gross Profit533,042
Operating Expense-1,547,298
Operating Income193,361-1,014,256
 
Operating Expense (+$)
Research Development78,080
Selling General Administrative213,250
Selling And Marketing Expenses-
Operating Expense1,547,298291,330
 
Net Interest Income (+$)
Interest Income14,392
Interest Expense-34,986
Other Finance Cost-3,299
Net Interest Income-17,296
 
Pretax Income (+$)
Operating Income193,361
Net Interest Income-17,296
Other Non-Operating Income Expenses-
Income Before Tax (EBT)206,169193,361
EBIT - interestExpense = -34,986
190,295
225,282
Interest Expense34,986
Earnings Before Interest and Taxes (EBIT)-241,155
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax206,169
Tax Provision-15,175
Net Income From Continuing Ops190,994190,994
Net Income190,295
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-17,296
 

Technical Analysis of Shanghai Rongtai Health Tech
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 Shanghai Rongtai Health Tech. The general trend of Shanghai Rongtai Health Tech is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Shanghai Rongtai Health Tech'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 StateBullish trend Bearish trend
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 Shanghai Rongtai Health Tech.

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: 19.50 < 19.58 < 22.81.

The bearish price targets are: 15.40.

Tweet this
Shanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

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

Shanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech.

Shanghai Rongtai Health Tech Daily Moving Average Convergence/Divergence (MACD) ChartShanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech. The current adx is .

Shanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech.

Shanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech.

Shanghai Rongtai Health Tech Daily Relative Strength Index (RSI) ChartShanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech.

Shanghai Rongtai Health Tech Daily Stochastic Oscillator ChartShanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech.

Shanghai Rongtai Health Tech Daily Commodity Channel Index (CCI) ChartShanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech.

Shanghai Rongtai Health Tech Daily Chande Momentum Oscillator (CMO) ChartShanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech.

Shanghai Rongtai Health Tech Daily Williams %R ChartShanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech.

Shanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech.

Shanghai Rongtai Health Tech Daily Average True Range (ATR) ChartShanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech.

Shanghai Rongtai Health Tech Daily On-Balance Volume (OBV) ChartShanghai Rongtai Health Tech 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 Shanghai Rongtai Health Tech.

Shanghai Rongtai Health Tech Daily Money Flow Index (MFI) ChartShanghai Rongtai Health Tech Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Shanghai Rongtai Health Tech.

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
2023-11-03RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02MACD 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.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line 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).
2024-01-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH 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.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-30BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
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
2024-02-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
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.
2024-03-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-18WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Shanghai Rongtai Health Tech Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Shanghai Rongtai Health Tech based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose19.100
Total0/1 (0.0%)
Penke

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