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

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Quick analysis of Guangdong Songyang Recycle Resources Co Ltd (30 sec.)










What can you expect buying and holding a share of Guangdong Songyang Recycle Resources Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.02
When do you have the money?
1 year
How often do you get paid?
94.4%

What is your share worth?

Current worth
¥3.54
Expected worth in 1 year
¥2.07
How sure are you?
61.1%

+ What do you gain per year?

Total Gains per Share
¥-1.36
Return On Investment
-3.2%

For what price can you sell your share?

Current Price per Share
¥42.06
Expected price per share
¥30.60 - ¥
How sure are you?
50%

1. Valuation of Guangdong Songyang Recycle Resources Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥42.06

Intrinsic Value Per Share

¥6.35 - ¥8.01

Total Value Per Share

¥9.89 - ¥11.55

2. Growth of Guangdong Songyang Recycle Resources Co Ltd (5 min.)




Is Guangdong Songyang Recycle Resources Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$100.2m$156m-$41.4m-36.1%

How much money is Guangdong Songyang Recycle Resources Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$11.2m-$4.4m-$6.7m-60.2%
Net Profit Margin-45.5%-13.6%--

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

3. Financial Health of Guangdong Songyang Recycle Resources Co Ltd (5 min.)




4. Comparing to competitors in the Paper & Paper Products industry (5 min.)




  Industry Rankings (Paper & Paper Products)  


Richest
#83 / 120

Most Revenue
#105 / 120

Most Profit
#108 / 120

Most Efficient
#117 / 120

What can you expect buying and holding a share of Guangdong Songyang Recycle Resources Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Guangdong Songyang Recycle Resources Co Ltd?

First you should know what it really means to hold a share of Guangdong Songyang Recycle Resources Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Guangdong Songyang Recycle Resources Co Ltd is ¥42.06. 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 Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources 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 ¥3.54. Based on the TTM, the Book Value Change Per Share is ¥-0.37 per quarter. Based on the YOY, the Book Value Change Per Share is ¥-0.19 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 ¥0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Guangdong Songyang Recycle Resources 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 Eps-0.07-0.2%-0.06-0.1%-0.02-0.1%-0.010.0%-0.010.0%
Usd Book Value Change Per Share-0.07-0.2%-0.05-0.1%-0.03-0.1%0.030.1%0.030.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.06-0.1%-0.05-0.1%-0.02-0.1%0.030.1%0.030.1%
Usd Price Per Share3.41-2.55-1.25-7.92-7.92-
Price to Earnings Ratio-12.93--17.09-31.24--414.49--414.49-
Price-to-Total Gains Ratio-54.71--79.93--836.42-146,190.79-146,190.79-
Price to Book Ratio6.96-4.68-1.65-10.32-10.32-
Price-to-Total Gains Ratio-54.71--79.93--836.42-146,190.79-146,190.79-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.821104
Number of shares171
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.050.03
Usd Total Gains Per Share-0.050.03
Gains per Quarter (171 shares)-8.035.26
Gains per Year (171 shares)-32.1121.05
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13-35-4221911
25-70-7453732
38-104-10675653
411-139-138107474
513-174-170129395
616-209-20215112116
719-244-23417130137
821-278-26620149158
924-313-29822167179
1027-348-33024186200

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 Share0.04.00.00.0%4.08.00.033.3%10.08.00.055.6%10.08.00.055.6%10.08.00.055.6%
Book Value Change Per Share0.04.00.00.0%4.08.00.033.3%10.08.00.055.6%10.08.00.055.6%10.08.00.055.6%
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 Share0.04.00.00.0%5.07.00.041.7%11.07.00.061.1%11.07.00.061.1%11.07.00.061.1%

Fundamentals of Guangdong Songyang Recycle Resources Co Ltd

About Guangdong Songyang Recycle Resources Co Ltd

GuangDong SongYang Recycle Resources CO.,LTD engages in the research and development, production, and sale of recycled paper products in China. The company was formerly known as Shantou Songyang Paper Industry Co., Ltd. GuangDong SongYang Recycle Resources CO.,LTD was incorporated in 2008 and is headquartered in Shantou, China.

Fundamental data was last updated by Penke on 2024-03-28 00:21:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is 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 fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Guangdong Songyang Recycle Resources Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Guangdong Songyang Recycle Resources Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Guangdong Songyang Recycle Resources Co Ltd to the Paper & Paper Products industry mean.
  • A Net Profit Margin of -62.7% means that ¥-0.63 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Guangdong Songyang Recycle Resources Co Ltd:

  • The MRQ is -62.7%. The company is making a huge loss. -2
  • The TTM is -45.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-62.7%TTM-45.5%-17.2%
TTM-45.5%YOY-13.6%-32.0%
TTM-45.5%5Y-6.4%-39.1%
5Y-6.4%10Y-6.4%0.0%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-62.7%2.8%-65.5%
TTM-45.5%3.5%-49.0%
YOY-13.6%5.6%-19.2%
5Y-6.4%4.4%-10.8%
10Y-6.4%4.5%-10.9%
1.1.2. Return on Assets

Shows how efficient Guangdong Songyang Recycle Resources Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Guangdong Songyang Recycle Resources Co Ltd to the Paper & Paper Products industry mean.
  • -6.5% Return on Assets means that Guangdong Songyang Recycle Resources Co Ltd generated ¥-0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Guangdong Songyang Recycle Resources Co Ltd:

  • The MRQ is -6.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -5.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-6.5%TTM-5.2%-1.2%
TTM-5.2%YOY-1.8%-3.4%
TTM-5.2%5Y-0.9%-4.3%
5Y-0.9%10Y-0.9%0.0%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.5%0.8%-7.3%
TTM-5.2%0.9%-6.1%
YOY-1.8%1.8%-3.6%
5Y-0.9%1.1%-2.0%
10Y-0.9%1.2%-2.1%
1.1.3. Return on Equity

Shows how efficient Guangdong Songyang Recycle Resources Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Guangdong Songyang Recycle Resources Co Ltd to the Paper & Paper Products industry mean.
  • -13.5% Return on Equity means Guangdong Songyang Recycle Resources Co Ltd generated ¥-0.13 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Guangdong Songyang Recycle Resources Co Ltd:

  • The MRQ is -13.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -9.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-13.5%TTM-9.9%-3.6%
TTM-9.9%YOY-3.0%-6.9%
TTM-9.9%5Y-2.1%-7.8%
5Y-2.1%10Y-2.1%0.0%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-13.5%1.5%-15.0%
TTM-9.9%1.6%-11.5%
YOY-3.0%2.9%-5.9%
5Y-2.1%2.3%-4.4%
10Y-2.1%2.4%-4.5%

1.2. Operating Efficiency of Guangdong Songyang Recycle Resources Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Guangdong Songyang Recycle Resources Co Ltd is operating .

  • Measures how much profit Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd to the Paper & Paper Products 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 Guangdong Songyang Recycle Resources Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-25.8%+25.8%
TTM-25.8%YOY-15.1%-10.7%
TTM-25.8%5Y-6.3%-19.5%
5Y-6.3%10Y-6.3%0.0%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.2%-7.2%
TTM-25.8%3.1%-28.9%
YOY-15.1%7.5%-22.6%
5Y-6.3%6.7%-13.0%
10Y-6.3%6.1%-12.4%
1.2.2. Operating Ratio

Measures how efficient Guangdong Songyang Recycle Resources Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Paper & Paper Products industry mean).
  • An Operation Ratio of 2.47 means that the operating costs are ¥2.47 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Guangdong Songyang Recycle Resources Co Ltd:

  • The MRQ is 2.471. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.601. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.471TTM2.601-0.130
TTM2.601YOY2.199+0.402
TTM2.6015Y1.917+0.685
5Y1.91710Y1.9170.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4711.568+0.903
TTM2.6011.452+1.149
YOY2.1991.241+0.958
5Y1.9171.298+0.619
10Y1.9171.156+0.761

1.3. Liquidity of Guangdong Songyang Recycle Resources Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Guangdong Songyang Recycle Resources Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Paper & Paper Products industry mean).
  • A Current Ratio of 0.42 means the company has ¥0.42 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Guangdong Songyang Recycle Resources Co Ltd:

  • The MRQ is 0.423. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.491. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.423TTM0.491-0.068
TTM0.491YOY1.254-0.763
TTM0.4915Y2.087-1.596
5Y2.08710Y2.0870.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4231.633-1.210
TTM0.4911.525-1.034
YOY1.2541.561-0.307
5Y2.0871.498+0.589
10Y2.0871.347+0.740
1.3.2. Quick Ratio

Measures if Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd to the Paper & Paper Products industry mean.
  • A Quick Ratio of 0.09 means the company can pay off ¥0.09 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Guangdong Songyang Recycle Resources Co Ltd:

  • The MRQ is 0.086. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.200. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.086TTM0.200-0.114
TTM0.200YOY0.277-0.077
TTM0.2005Y0.593-0.393
5Y0.59310Y0.5930.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0860.688-0.602
TTM0.2000.679-0.479
YOY0.2770.808-0.531
5Y0.5930.722-0.129
10Y0.5930.646-0.053

1.4. Solvency of Guangdong Songyang Recycle Resources Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Guangdong Songyang Recycle Resources Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Guangdong Songyang Recycle Resources Co Ltd to Paper & Paper Products industry mean.
  • A Debt to Asset Ratio of 0.52 means that Guangdong Songyang Recycle Resources Co Ltd assets are financed with 52.1% credit (debt) and the remaining percentage (100% - 52.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Guangdong Songyang Recycle Resources Co Ltd:

  • The MRQ is 0.521. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.470. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.521TTM0.470+0.050
TTM0.470YOY0.378+0.092
TTM0.4705Y0.317+0.154
5Y0.31710Y0.3170.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5210.487+0.034
TTM0.4700.470+0.000
YOY0.3780.476-0.098
5Y0.3170.489-0.172
10Y0.3170.520-0.203
1.4.2. Debt to Equity Ratio

Measures if Guangdong Songyang Recycle Resources Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Guangdong Songyang Recycle Resources Co Ltd to the Paper & Paper Products industry mean.
  • A Debt to Equity ratio of 108.8% means that company has ¥1.09 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Guangdong Songyang Recycle Resources Co Ltd:

  • The MRQ is 1.088. The company is able to pay all its debts with equity. +1
  • The TTM is 0.897. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ1.088TTM0.897+0.191
TTM0.897YOY0.612+0.285
TTM0.8975Y0.508+0.389
5Y0.50810Y0.5080.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0880.951+0.137
TTM0.8970.886+0.011
YOY0.6120.974-0.362
5Y0.5081.001-0.493
10Y0.5081.168-0.660

2. Market Valuation of Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd generates.

  • Above 15 is considered overpriced but always compare Guangdong Songyang Recycle Resources Co Ltd to the Paper & Paper Products industry mean.
  • A PE ratio of -12.93 means the investor is paying ¥-12.93 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Guangdong Songyang Recycle Resources Co Ltd:

  • The EOD is -22.075. Based on the earnings, the company is expensive. -2
  • The MRQ is -12.932. Based on the earnings, the company is expensive. -2
  • The TTM is -17.089. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-22.075MRQ-12.932-9.143
MRQ-12.932TTM-17.089+4.157
TTM-17.089YOY31.244-48.333
TTM-17.0895Y-414.489+397.400
5Y-414.48910Y-414.4890.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
EOD-22.0755.419-27.494
MRQ-12.9325.077-18.009
TTM-17.0894.397-21.486
YOY31.2447.784+23.460
5Y-414.4897.625-422.114
10Y-414.48910.641-425.130
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Guangdong Songyang Recycle Resources Co Ltd:

  • The EOD is -52.279. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -30.627. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -66.408. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-52.279MRQ-30.627-21.652
MRQ-30.627TTM-66.408+35.782
TTM-66.408YOY-37.400-29.009
TTM-66.4085Y-44.682-21.727
5Y-44.68210Y-44.6820.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
EOD-52.2792.397-54.676
MRQ-30.6272.155-32.782
TTM-66.4083.218-69.626
YOY-37.4002.828-40.228
5Y-44.6823.999-48.681
10Y-44.6823.766-48.448
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Guangdong Songyang Recycle Resources Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Paper & Paper Products industry mean).
  • A PB ratio of 6.96 means the investor is paying ¥6.96 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Guangdong Songyang Recycle Resources Co Ltd:

  • The EOD is 11.887. Based on the equity, the company is expensive. -2
  • The MRQ is 6.963. Based on the equity, the company is overpriced. -1
  • The TTM is 4.679. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD11.887MRQ6.963+4.923
MRQ6.963TTM4.679+2.284
TTM4.679YOY1.650+3.029
TTM4.6795Y10.319-5.640
5Y10.31910Y10.3190.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
EOD11.8870.978+10.909
MRQ6.9630.926+6.037
TTM4.6790.936+3.743
YOY1.6501.105+0.545
5Y10.3191.131+9.188
10Y10.3191.258+9.061
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Guangdong Songyang Recycle Resources 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---0.477-0.368-23%-0.191-60%0.197-343%0.197-343%
Book Value Per Share--3.5384.048-13%5.494-36%5.220-32%5.220-32%
Current Ratio--0.4230.491-14%1.254-66%2.087-80%2.087-80%
Debt To Asset Ratio--0.5210.470+11%0.378+38%0.317+64%0.317+64%
Debt To Equity Ratio--1.0880.897+21%0.612+78%0.508+114%0.508+114%
Dividend Per Share--0.0260.028-7%0.025+7%0.026+2%0.026+2%
Eps---0.476-0.398-16%-0.158-67%-0.080-83%-0.080-83%
Free Cash Flow Per Share---0.201-0.080-60%-0.231+15%-0.304+51%-0.304+51%
Free Cash Flow To Equity Per Share---0.201-0.083-59%-0.290+44%-0.239+19%-0.239+19%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--8.010--------
Intrinsic Value_10Y_min--6.348--------
Intrinsic Value_1Y_max---0.589--------
Intrinsic Value_1Y_min---0.579--------
Intrinsic Value_3Y_max---0.708--------
Intrinsic Value_3Y_min---0.698--------
Intrinsic Value_5Y_max--0.450--------
Intrinsic Value_5Y_min--0.327--------
Market Cap8607579000.000+41%5042576000.0003772722750.000+34%1855755290.000+172%11767346832.222-57%11767346832.222-57%
Net Profit Margin---0.627-0.455-27%-0.136-78%-0.064-90%-0.064-90%
Operating Margin----0.2580%-0.1510%-0.0630%-0.0630%
Operating Ratio--2.4712.601-5%2.199+12%1.917+29%1.917+29%
Pb Ratio11.887+41%6.9634.679+49%1.650+322%10.319-33%10.319-33%
Pe Ratio-22.075-71%-12.932-17.089+32%31.244-141%-414.489+3105%-414.489+3105%
Price Per Share42.060+41%24.64018.435+34%9.040+173%57.197-57%57.197-57%
Price To Free Cash Flow Ratio-52.279-71%-30.627-66.408+117%-37.400+22%-44.682+46%-44.682+46%
Price To Total Gains Ratio-93.390-71%-54.711-79.934+46%-836.418+1429%146190.794-100%146190.794-100%
Quick Ratio--0.0860.200-57%0.277-69%0.593-85%0.593-85%
Return On Assets---0.065-0.052-19%-0.018-72%-0.009-86%-0.009-86%
Return On Equity---0.135-0.099-27%-0.030-77%-0.021-85%-0.021-85%
Total Gains Per Share---0.450-0.339-25%-0.166-63%0.222-303%0.222-303%
Usd Book Value--100221548.936114666088.278-13%156090780.737-36%148387984.204-32%148387984.204-32%
Usd Book Value Change Per Share---0.066-0.051-23%-0.026-60%0.027-343%0.027-343%
Usd Book Value Per Share--0.4900.560-13%0.760-36%0.722-32%0.722-32%
Usd Dividend Per Share--0.0040.004-7%0.003+7%0.004+2%0.004+2%
Usd Eps---0.066-0.055-16%-0.022-67%-0.011-83%-0.011-83%
Usd Free Cash Flow---5696766.081-2268487.390-60%-6569092.689+15%-8661403.158+52%-8661403.158+52%
Usd Free Cash Flow Per Share---0.028-0.011-60%-0.032+15%-0.042+51%-0.042+51%
Usd Free Cash Flow To Equity Per Share---0.028-0.012-59%-0.040+44%-0.033+19%-0.033+19%
Usd Market Cap1191288933.600+41%697892518.400522144828.600+34%256836532.136+172%1628600801.580-57%1628600801.580-57%
Usd Price Per Share5.821+41%3.4102.551+34%1.251+173%7.916-57%7.916-57%
Usd Profit---13491284.509-11278918.951-16%-4485116.488-67%-2254297.772-83%-2254297.772-83%
Usd Revenue--21501579.76423332790.973-8%31489867.684-32%22511216.197-4%22511216.197-4%
Usd Total Gains Per Share---0.062-0.047-25%-0.023-63%0.031-303%0.031-303%
 EOD+5 -3MRQTTM+5 -29YOY+12 -225Y+9 -2510Y+9 -25

3.2. Fundamental Score

Let's check the fundamental score of Guangdong Songyang Recycle Resources Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-22.075
Price to Book Ratio (EOD)Between0-111.887
Net Profit Margin (MRQ)Greater than0-0.627
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.086
Current Ratio (MRQ)Greater than10.423
Debt to Asset Ratio (MRQ)Less than10.521
Debt to Equity Ratio (MRQ)Less than11.088
Return on Equity (MRQ)Greater than0.15-0.135
Return on Assets (MRQ)Greater than0.05-0.065
Total1/10 (10.0%)

3.3. Technical Score

Let's check the technical score of Guangdong Songyang Recycle Resources Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.405
Ma 20Greater thanMa 5042.325
Ma 50Greater thanMa 10037.992
Ma 100Greater thanMa 20037.928
OpenGreater thanClose41.000
Total4/5 (80.0%)



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
Retained Earnings  254,083-128,136125,947-26,01499,932-49,55050,383-139,716-89,334
Interest Income  2903,3623,652-3,631214970-188-118



Latest Balance Sheet

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

Summary
Total Assets1,511,167
Total Liabilities787,023
Total Stockholder Equity723,407
 As reported
Total Liabilities 787,023
Total Stockholder Equity+ 723,407
Total Assets = 1,511,167

Assets

Total Assets1,511,167
Total Current Assets231,433
Long-term Assets1,279,734
Total Current Assets
Cash And Cash Equivalents 12,725
Net Receivables 47,092
Inventory 91,115
Other Current Assets 11,519
Total Current Assets  (as reported)231,433
Total Current Assets  (calculated)162,451
+/- 68,982
Long-term Assets
Property Plant Equipment 940,999
Intangible Assets 207,412
Long-term Assets Other 49,719
Long-term Assets  (as reported)1,279,734
Long-term Assets  (calculated)1,198,130
+/- 81,604

Liabilities & Shareholders' Equity

Total Current Liabilities547,432
Long-term Liabilities239,591
Total Stockholder Equity723,407
Total Current Liabilities
Short Long Term Debt 245,256
Accounts payable 175,071
Other Current Liabilities 15,474
Total Current Liabilities  (as reported)547,432
Total Current Liabilities  (calculated)435,801
+/- 111,631
Long-term Liabilities
Long term Debt 188,517
Capital Lease Obligations Min Short Term Debt7,034
Long-term Liabilities  (as reported)239,591
Long-term Liabilities  (calculated)195,552
+/- 44,039
Total Stockholder Equity
Total Stockholder Equity (as reported)723,407
Total Stockholder Equity (calculated)0
+/- 723,407
Other
Capital Stock204,650
Common Stock Shares Outstanding 204,650
Net Debt 421,049
Net Invested Capital 1,157,181
Net Working Capital -315,999
Property Plant and Equipment Gross 940,999



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 
1,347,790
1,315,430
1,309,688
1,337,304
1,391,469
1,494,673
1,612,536
1,705,745
1,780,002
1,782,163
1,845,831
1,829,644
1,810,596
1,767,869
1,583,640
1,580,057
1,576,647
1,511,167
1,511,1671,576,6471,580,0571,583,6401,767,8691,810,5961,829,6441,845,8311,782,1631,780,0021,705,7451,612,5361,494,6731,391,4691,337,3041,309,6881,315,4301,347,790
   > Total Current Assets 
1,038,298
923,773
684,531
558,476
427,532
407,365
793,296
776,245
735,413
546,529
479,368
467,218
439,944
358,313
152,581
276,580
284,037
231,433
231,433284,037276,580152,581358,313439,944467,218479,368546,529735,413776,245793,296407,365427,532558,476684,531923,7731,038,298
       Cash And Cash Equivalents 
888,402
788,462
457,067
406,741
283,733
254,113
231,762
186,632
340,625
320,945
275,798
130,755
140,470
80,419
11,569
21,534
26,298
12,725
12,72526,29821,53411,56980,419140,470130,755275,798320,945340,625186,632231,762254,113283,733406,741457,067788,462888,402
       Short-term Investments 
0
0
131,176
40,000
0
2,000
22,043
10,100
203,000
0
0
0
0
0
0
0
0
0
000000000203,00010,10022,0432,000040,000131,17600
       Net Receivables 
71,734
62,005
64,624
71,808
80,264
91,396
484,368
496,984
98,803
94,180
89,923
116,138
104,287
75,615
55,485
128,234
151,612
47,092
47,092151,612128,23455,48575,615104,287116,13889,92394,18098,803496,984484,36891,39680,26471,80864,62462,00571,734
       Inventory 
60,554
42,529
27,057
31,654
50,609
41,605
30,885
51,715
59,499
85,722
98,067
180,931
180,355
181,870
77,093
104,285
95,104
91,115
91,11595,104104,28577,093181,870180,355180,93198,06785,72259,49951,71530,88541,60550,60931,65427,05742,52960,554
   > Long-term Assets 
309,492
391,657
625,157
778,828
963,937
1,087,308
819,240
929,500
1,044,589
1,235,635
1,366,463
1,362,425
1,370,652
1,409,556
1,431,059
1,303,477
1,292,610
1,279,734
1,279,7341,292,6101,303,4771,431,0591,409,5561,370,6521,362,4251,366,4631,235,6351,044,589929,500819,2401,087,308963,937778,828625,157391,657309,492
       Property Plant Equipment 
0
223,790
232,065
385,644
689,807
797,085
470,426
525,196
607,898
685,674
1,002,525
987,710
990,315
1,036,288
985,579
952,413
937,922
940,999
940,999937,922952,413985,5791,036,288990,315987,7101,002,525685,674607,898525,196470,426797,085689,807385,644232,065223,7900
       Intangible Assets 
74
78,446
77,959
78,809
193,601
192,482
190,039
188,937
187,836
186,734
185,632
184,531
183,429
183,828
211,450
210,104
208,758
207,412
207,412208,758210,104211,450183,828183,429184,531185,632186,734187,836188,937190,039192,482193,60178,80977,95978,44674
       Long-term Assets Other 
9,608
77,758
304,171
303,822
70,447
885,344
152,718
205,722
238,316
253,117
46,561
54,549
49,180
30,078
62,724
60,276
62,851
49,719
49,71962,85160,27662,72430,07849,18054,54946,561253,117238,316205,722152,718885,34470,447303,822304,17177,7589,608
> Total Liabilities 
277,763
223,570
191,974
208,551
242,824
326,236
437,310
515,603
585,538
593,757
663,163
645,214
691,402
742,866
686,536
708,976
754,927
787,023
787,023754,927708,976686,536742,866691,402645,214663,163593,757585,538515,603437,310326,236242,824208,551191,974223,570277,763
   > Total Current Liabilities 
262,291
209,813
177,727
196,960
231,427
243,821
257,530
254,476
214,179
222,957
313,767
327,904
348,588
447,892
400,137
456,341
513,920
547,432
547,432513,920456,341400,137447,892348,588327,904313,767222,957214,179254,476257,530243,821231,427196,960177,727209,813262,291
       Short Long Term Debt 
187,000
144,262
131,050
154,791
153,202
160,196
162,200
162,273
147,271
140,267
140,173
120,119
157,172
157,164
157,182
157,182
205,231
245,256
245,256205,231157,182157,182157,164157,172120,119140,173140,267147,271162,273162,200160,196153,202154,791131,050144,262187,000
       Accounts payable 
38,810
35,376
21,197
17,274
57,764
58,478
63,978
66,205
44,329
57,281
90,283
166,052
111,061
173,020
163,562
183,547
154,403
175,071
175,071154,403183,547163,562173,020111,061166,05290,28357,28144,32966,20563,97858,47857,76417,27421,19735,37638,810
       Other Current Liabilities 
9,644
9,644
11,462
14,760
7,905
19,372
10,265
10,170
6,326
9,816
55,586
28,420
44,364
56,443
16,685
34,568
62,515
15,474
15,47462,51534,56816,68556,44344,36428,42055,5869,8166,32610,17010,26519,3727,90514,76011,4629,6449,644
   > Long-term Liabilities 
15,472
13,757
14,246
11,591
11,397
82,416
179,780
261,127
371,359
370,800
349,396
317,310
342,813
294,975
286,399
252,636
241,007
239,591
239,591241,007252,636286,399294,975342,813317,310349,396370,800371,359261,127179,78082,41611,39711,59114,24613,75715,472
       Other Liabilities 
0
8,480
9,502
8,374
10,765
10,556
11,275
10,918
18,509
17,950
18,066
17,491
16,916
16,340
15,953
15,378
14,802
0
014,80215,37815,95316,34016,91617,49118,06617,95018,50910,91811,27510,55610,7658,3749,5028,4800
       Deferred Long Term Liability 
0
11,020
10,385
9,892
9,320
8,614
4,378
7,680
7,952
7,110
28,280
28,993
30,656
30,345
32,556
30,935
29,721
0
029,72130,93532,55630,34530,65628,99328,2807,1107,9527,6804,3788,6149,3209,89210,38511,0200
> Total Stockholder Equity
1,070,027
1,091,860
1,117,714
1,128,753
1,148,644
1,168,436
1,174,503
1,189,421
1,193,749
1,187,693
1,181,957
1,183,721
1,118,479
1,024,279
896,369
870,347
820,977
723,407
723,407820,977870,347896,3691,024,2791,118,4791,183,7211,181,9571,187,6931,193,7491,189,4211,174,5031,168,4361,148,6441,128,7531,117,7141,091,8601,070,027
   Common Stock
0
205,894
205,894
205,894
205,894
205,894
205,894
205,894
205,894
205,894
205,894
205,894
204,650
204,650
204,650
204,650
204,650
0
0204,650204,650204,650204,650204,650205,894205,894205,894205,894205,894205,894205,894205,894205,894205,894205,8940
   Retained Earnings 
265,174
287,007
337,380
348,418
368,310
388,200
394,298
409,276
413,683
408,510
403,171
405,155
348,449
254,083
125,947
99,932
50,383
-89,334
-89,33450,38399,932125,947254,083348,449405,155403,171408,510413,683409,276394,298388,200368,310348,418337,380287,007265,174
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
-99
-130
-189
-269
-311
-360
-387
-254
-88
139
131
311
0
0311131139-88-254-387-360-311-269-189-130-9900000



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 (+$)
totalRevenue674,358
Cost of Revenue-865,094
Gross Profit-190,736-190,736
 
Operating Income (+$)
Gross Profit-190,736
Operating Expense-915,430
Operating Income-241,072-1,106,166
 
Operating Expense (+$)
Research Development22,235
Selling General Administrative30,456
Selling And Marketing Expenses-
Operating Expense915,43052,691
 
Net Interest Income (+$)
Interest Income3,583
Interest Expense-22,603
Other Finance Cost-3,419
Net Interest Income-22,439
 
Pretax Income (+$)
Operating Income-241,072
Net Interest Income-22,439
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-298,235-241,072
EBIT - interestExpense = -22,603
-325,980
-303,377
Interest Expense22,603
Earnings Before Interest and Taxes (EBIT)--275,632
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-298,235
Tax Provision-27,748
Net Income From Continuing Ops-325,983-325,983
Net Income-325,980
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-22,439
 

Technical Analysis of Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The general trend of Guangdong Songyang Recycle Resources Co Ltd is BULLISH with 85.7% 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 Guangdong Songyang Recycle Resources 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 (85.7%) Bearish trend (-85.7%)
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 Guangdong Songyang Recycle Resources 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: .

The bearish price targets are: 39.05 > 31.44 > 30.60.

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Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

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

Directionalities and relatives.

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

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

Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The current macd is 1.49195297.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Guangdong Songyang Recycle Resources Co Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources 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
Guangdong Songyang Recycle Resources Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartGuangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The current adx is 33.84.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Guangdong Songyang Recycle Resources Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The current sar is 46.25.

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

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The current rsi is 53.41. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Guangdong Songyang Recycle Resources Co Ltd Daily Relative Strength Index (RSI) ChartGuangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The current phase is Correction in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Guangdong Songyang Recycle Resources Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Guangdong Songyang Recycle Resources Co Ltd Daily Stochastic Oscillator ChartGuangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The current cci is -21.47609376.

Guangdong Songyang Recycle Resources Co Ltd Daily Commodity Channel Index (CCI) ChartGuangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The current cmo is -2.2028446.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Guangdong Songyang Recycle Resources Co Ltd Daily Chande Momentum Oscillator (CMO) ChartGuangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The current willr is -76.47058824.

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 Guangdong Songyang Recycle Resources Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Guangdong Songyang Recycle Resources Co Ltd Daily Williams %R ChartGuangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd.

Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The current atr is 2.15306419.

Guangdong Songyang Recycle Resources Co Ltd Daily Average True Range (ATR) ChartGuangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The current obv is 313,265,576.

Guangdong Songyang Recycle Resources Co Ltd Daily On-Balance Volume (OBV) ChartGuangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co Ltd. The current mfi is 69.66.

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
Guangdong Songyang Recycle Resources Co Ltd Daily Money Flow Index (MFI) ChartGuangdong Songyang Recycle Resources Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Guangdong Songyang Recycle Resources 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
2023-11-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22DMI 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
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02DMI 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
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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).
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Guangdong Songyang Recycle Resources Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Guangdong Songyang Recycle Resources Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.405
Ma 20Greater thanMa 5042.325
Ma 50Greater thanMa 10037.992
Ma 100Greater thanMa 20037.928
OpenGreater thanClose41.000
Total4/5 (80.0%)
Penke

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