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

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

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

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Quick analysis of Harson Trading China Co Ltd (30 sec.)










What can you expect buying and holding a share of Harson Trading China Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.00
When do you have the money?
1 year
How often do you get paid?
81.8%

What is your share worth?

Current worth
¥3.70
Expected worth in 1 year
¥3.53
How sure are you?
54.5%

+ What do you gain per year?

Total Gains per Share
¥-0.16
Return On Investment
-1.4%

For what price can you sell your share?

Current Price per Share
¥11.39
Expected price per share
¥9.86 - ¥19.29
How sure are you?
50%

1. Valuation of Harson Trading China Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥11.39

Intrinsic Value Per Share

¥-3.12 - ¥-3.75

Total Value Per Share

¥0.58 - ¥-0.05

2. Growth of Harson Trading China Co Ltd (5 min.)




Is Harson Trading China Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$113.2m$125.1m-$12.5m-11.2%

How much money is Harson Trading China Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1.8m-$3.7m$1.9m103.4%
Net Profit Margin-6.2%-15.1%--

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

3. Financial Health of Harson Trading China Co Ltd (5 min.)




4. Comparing to competitors in the Footwear & Accessories industry (5 min.)




  Industry Rankings (Footwear & Accessories)  


Richest
#55 / 107

Most Revenue
#74 / 107

Most Profit
#85 / 107

What can you expect buying and holding a share of Harson Trading China Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Harson Trading China Co Ltd?

First you should know what it really means to hold a share of Harson Trading China Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Harson Trading China Co Ltd is ¥11.39. 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 Harson Trading China 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 Harson Trading China 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 ¥3.70. Based on the TTM, the Book Value Change Per Share is ¥-0.04 per quarter. Based on the YOY, the Book Value Change Per Share is ¥-0.12 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 ¥0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Harson Trading China Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.000.0%-0.01-0.1%-0.02-0.2%-0.01-0.1%0.000.0%
Usd Book Value Change Per Share0.000.0%-0.01-0.1%-0.02-0.1%-0.01-0.1%0.020.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.010.1%
Usd Total Gains Per Share0.000.0%-0.010.0%-0.02-0.1%-0.01-0.1%0.020.2%
Usd Price Per Share1.15-0.99-0.88-0.99-1.45-
Price to Earnings Ratio-195.36--50.14--21.62--42.41-29.11-
Price-to-Total Gains Ratio-84,605.08--21,168.38--87.88--4,313.43--2,730.36-
Price to Book Ratio2.24-1.95-1.56-1.69-2.18-
Price-to-Total Gains Ratio-84,605.08--21,168.38--87.88--4,313.43--2,730.36-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.576376
Number of shares634
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.01-0.01
Usd Total Gains Per Share-0.01-0.01
Gains per Quarter (634 shares)-3.47-4.90
Gains per Year (634 shares)-13.86-19.61
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11-15-242-22-30
22-29-385-44-50
32-44-527-66-70
43-58-6610-88-90
54-73-8012-110-110
65-88-9415-132-130
75-102-10817-154-150
86-117-12219-176-170
97-132-13622-198-190
108-146-15024-220-210

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 Share1.03.00.025.0%2.010.00.016.7%4.016.00.020.0%14.017.02.042.4%14.017.02.042.4%
Book Value Change Per Share1.03.00.025.0%2.010.00.016.7%4.016.00.020.0%11.021.01.033.3%11.021.01.033.3%
Dividend per Share4.00.00.0100.0%11.00.01.091.7%15.00.05.075.0%27.00.06.081.8%27.00.06.081.8%
Total Gains per Share1.03.00.025.0%2.010.00.016.7%5.015.00.025.0%18.015.00.054.5%18.015.00.054.5%

Fundamentals of Harson Trading China Co Ltd

About Harson Trading China Co Ltd

Harson Trading (China) Co.,Ltd. engages in the design, development, production, and wholesale of leather products in China and internationally. It offers shoes, bags, clothing products, and accessories. The company was founded in 2006 and is based in Kunshan, China. Harson Trading (China) Co.,Ltd. is a subsidiary of Zhenxing International Co., Ltd.

Fundamental data was last updated by Penke on 2024-03-28 01:01:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a 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 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 expensive.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Harson Trading China Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Harson Trading China Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Harson Trading China Co Ltd to the Footwear & Accessories industry mean.
  • A Net Profit Margin of -1.3% means that ¥-0.01 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Harson Trading China Co Ltd:

  • The MRQ is -1.3%. The company is making a loss. -1
  • The TTM is -6.2%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-1.3%TTM-6.2%+4.9%
TTM-6.2%YOY-15.1%+8.8%
TTM-6.2%5Y-6.7%+0.4%
5Y-6.7%10Y-2.7%-3.9%
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.3%3.7%-5.0%
TTM-6.2%3.7%-9.9%
YOY-15.1%3.0%-18.1%
5Y-6.7%1.9%-8.6%
10Y-2.7%3.6%-6.3%
1.1.2. Return on Assets

Shows how efficient Harson Trading China Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Harson Trading China Co Ltd to the Footwear & Accessories industry mean.
  • -0.2% Return on Assets means that Harson Trading China Co Ltd generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Harson Trading China Co Ltd:

  • The MRQ is -0.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.2%TTM-1.3%+1.1%
TTM-1.3%YOY-2.6%+1.3%
TTM-1.3%5Y-1.3%0.0%
5Y-1.3%10Y-0.4%-0.9%
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.2%2.1%-2.3%
TTM-1.3%2.1%-3.4%
YOY-2.6%1.2%-3.8%
5Y-1.3%1.2%-2.5%
10Y-0.4%1.7%-2.1%
1.1.3. Return on Equity

Shows how efficient Harson Trading China Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Harson Trading China Co Ltd to the Footwear & Accessories industry mean.
  • -0.3% Return on Equity means Harson Trading China Co Ltd generated ¥0.00 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Harson Trading China Co Ltd:

  • The MRQ is -0.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.3%TTM-1.7%+1.4%
TTM-1.7%YOY-3.1%+1.4%
TTM-1.7%5Y-1.5%-0.1%
5Y-1.5%10Y-0.1%-1.4%
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.3%3.5%-3.8%
TTM-1.7%3.8%-5.5%
YOY-3.1%2.8%-5.9%
5Y-1.5%2.2%-3.7%
10Y-0.1%3.0%-3.1%

1.2. Operating Efficiency of Harson Trading China Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Harson Trading China Co Ltd is operating .

  • Measures how much profit Harson Trading China 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 Harson Trading China Co Ltd to the Footwear & Accessories 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 Harson Trading China Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-10.8%+10.8%
TTM-10.8%YOY-12.1%+1.3%
TTM-10.8%5Y-8.4%-2.4%
5Y-8.4%10Y-5.7%-2.8%
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.4%-7.4%
TTM-10.8%5.8%-16.6%
YOY-12.1%4.5%-16.6%
5Y-8.4%4.0%-12.4%
10Y-5.7%5.0%-10.7%
1.2.2. Operating Ratio

Measures how efficient Harson Trading China Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Footwear & Accessories industry mean).
  • An Operation Ratio of 1.39 means that the operating costs are ¥1.39 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Harson Trading China Co Ltd:

  • The MRQ is 1.395. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.498. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.395TTM1.498-0.103
TTM1.498YOY1.603-0.105
TTM1.4985Y1.517-0.019
5Y1.51710Y1.192+0.325
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3951.398-0.003
TTM1.4981.411+0.087
YOY1.6031.422+0.181
5Y1.5171.384+0.133
10Y1.1921.176+0.016

1.3. Liquidity of Harson Trading China Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Harson Trading China Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Footwear & Accessories industry mean).
  • A Current Ratio of 4.68 means the company has ¥4.68 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Harson Trading China Co Ltd:

  • The MRQ is 4.683. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.513. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.683TTM4.513+0.170
TTM4.513YOY5.545-1.031
TTM4.5135Y5.487-0.974
5Y5.48710Y3.591+1.896
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ4.6831.867+2.816
TTM4.5131.762+2.751
YOY5.5451.866+3.679
5Y5.4871.800+3.687
10Y3.5911.895+1.696
1.3.2. Quick Ratio

Measures if Harson Trading China 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 Harson Trading China Co Ltd to the Footwear & Accessories industry mean.
  • A Quick Ratio of 0.42 means the company can pay off ¥0.42 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Harson Trading China Co Ltd:

  • The MRQ is 0.421. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.518. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.421TTM0.518-0.096
TTM0.518YOY0.825-0.307
TTM0.5185Y1.020-0.502
5Y1.02010Y0.845+0.176
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4210.817-0.396
TTM0.5180.833-0.315
YOY0.8250.881-0.056
5Y1.0200.920+0.100
10Y0.8450.946-0.101

1.4. Solvency of Harson Trading China Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Harson Trading China Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Harson Trading China Co Ltd to Footwear & Accessories industry mean.
  • A Debt to Asset Ratio of 0.18 means that Harson Trading China Co Ltd assets are financed with 17.7% credit (debt) and the remaining percentage (100% - 17.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Harson Trading China Co Ltd:

  • The MRQ is 0.177. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.185. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.177TTM0.185-0.008
TTM0.185YOY0.154+0.031
TTM0.1855Y0.159+0.026
5Y0.15910Y0.183-0.024
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1770.460-0.283
TTM0.1850.462-0.277
YOY0.1540.499-0.345
5Y0.1590.475-0.316
10Y0.1830.445-0.262
1.4.2. Debt to Equity Ratio

Measures if Harson Trading China Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Harson Trading China Co Ltd to the Footwear & Accessories industry mean.
  • A Debt to Equity ratio of 21.7% means that company has ¥0.22 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Harson Trading China Co Ltd:

  • The MRQ is 0.217. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.229. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.217TTM0.229-0.012
TTM0.229YOY0.183+0.046
TTM0.2295Y0.191+0.038
5Y0.19110Y0.243-0.052
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2170.874-0.657
TTM0.2290.878-0.649
YOY0.1830.993-0.810
5Y0.1910.955-0.764
10Y0.2430.844-0.601

2. Market Valuation of Harson Trading China 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 Harson Trading China Co Ltd generates.

  • Above 15 is considered overpriced but always compare Harson Trading China Co Ltd to the Footwear & Accessories industry mean.
  • A PE ratio of -195.36 means the investor is paying ¥-195.36 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Harson Trading China Co Ltd:

  • The EOD is -268.085. Based on the earnings, the company is expensive. -2
  • The MRQ is -195.356. Based on the earnings, the company is expensive. -2
  • The TTM is -50.137. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-268.085MRQ-195.356-72.729
MRQ-195.356TTM-50.137-145.219
TTM-50.137YOY-21.621-28.516
TTM-50.1375Y-42.411-7.726
5Y-42.41110Y29.109-71.520
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD-268.0858.637-276.722
MRQ-195.3568.740-204.096
TTM-50.13712.137-62.274
YOY-21.62111.043-32.664
5Y-42.41112.759-55.170
10Y29.10916.343+12.766
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Harson Trading China Co Ltd:

  • The EOD is 198.468. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 144.626. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 24.292. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD198.468MRQ144.626+53.843
MRQ144.626TTM24.292+120.334
TTM24.292YOY-8.698+32.990
TTM24.2925Y1.330+22.962
5Y1.33010Y1.696-0.366
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD198.4684.158+194.310
MRQ144.6264.095+140.531
TTM24.2923.491+20.801
YOY-8.6980.994-9.692
5Y1.3300.432+0.898
10Y1.6962.736-1.040
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Harson Trading China Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Footwear & Accessories industry mean).
  • A PB ratio of 2.24 means the investor is paying ¥2.24 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Harson Trading China Co Ltd:

  • The EOD is 3.079. Based on the equity, the company is fair priced.
  • The MRQ is 2.244. Based on the equity, the company is underpriced. +1
  • The TTM is 1.954. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.079MRQ2.244+0.835
MRQ2.244TTM1.954+0.290
TTM1.954YOY1.560+0.394
TTM1.9545Y1.688+0.266
5Y1.68810Y2.184-0.496
Compared to industry (Footwear & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD3.0791.446+1.633
MRQ2.2441.485+0.759
TTM1.9541.428+0.526
YOY1.5601.617-0.057
5Y1.6881.645+0.043
10Y2.1842.018+0.166
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Harson Trading China 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---0.001-0.042+3124%-0.119+9116%-0.063+4759%0.112-101%
Book Value Per Share--3.6993.675+1%4.085-9%4.272-13%4.363-15%
Current Ratio--4.6834.513+4%5.545-16%5.487-15%3.591+30%
Debt To Asset Ratio--0.1770.185-4%0.154+15%0.159+12%0.183-3%
Debt To Equity Ratio--0.2170.229-5%0.183+19%0.191+14%0.243-11%
Dividend Per Share--0.0010.002-45%0.001+21%0.007-83%0.050-98%
Eps---0.011-0.061+472%-0.124+1065%-0.063+497%-0.008-21%
Free Cash Flow Per Share--0.014-0.002+116%-0.042+394%-0.007+148%0.048-70%
Free Cash Flow To Equity Per Share--0.0140.017-13%-0.044+405%-0.009+164%0.041-65%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.939+6%
Intrinsic Value_10Y_max---3.745--------
Intrinsic Value_10Y_min---3.122--------
Intrinsic Value_1Y_max---0.087--------
Intrinsic Value_1Y_min---0.086--------
Intrinsic Value_3Y_max---0.482--------
Intrinsic Value_3Y_min---0.456--------
Intrinsic Value_5Y_max---1.141--------
Intrinsic Value_5Y_min---1.040--------
Market Cap2518329000.000+27%1836582500.0001590132237.500+15%1410616600.000+30%1588577317.500+16%2318452131.818-21%
Net Profit Margin---0.013-0.062+371%-0.151+1038%-0.067+404%-0.027+107%
Operating Margin----0.1080%-0.1210%-0.0840%-0.0570%
Operating Ratio--1.3951.498-7%1.603-13%1.517-8%1.192+17%
Pb Ratio3.079+27%2.2441.954+15%1.560+44%1.688+33%2.184+3%
Pe Ratio-268.085-37%-195.356-50.137-74%-21.621-89%-42.411-78%29.109-771%
Price Per Share11.390+27%8.3007.185+16%6.373+30%7.182+16%10.484-21%
Price To Free Cash Flow Ratio198.468+27%144.62624.292+495%-8.698+106%1.330+10773%1.696+8426%
Price To Total Gains Ratio-116102.631-37%-84605.078-21168.384-75%-87.879-100%-4313.435-95%-2730.360-97%
Quick Ratio--0.4210.518-19%0.825-49%1.020-59%0.845-50%
Return On Assets---0.002-0.013+445%-0.026+1010%-0.013+434%-0.004+60%
Return On Equity---0.003-0.017+476%-0.031+962%-0.015+432%-0.001-70%
Total Gains Per Share--0.000-0.039+40156%-0.118+120252%-0.056+56855%0.162-100%
Usd Book Value--113285782.283112565222.790+1%125152369.632-9%130790201.450-13%133554893.314-15%
Usd Book Value Change Per Share--0.000-0.006+3124%-0.016+9116%-0.009+4759%0.016-101%
Usd Book Value Per Share--0.5120.509+1%0.565-9%0.591-13%0.604-15%
Usd Dividend Per Share--0.0000.000-45%0.000+21%0.001-83%0.007-98%
Usd Eps---0.001-0.008+472%-0.017+1065%-0.009+497%-0.001-21%
Usd Free Cash Flow--439381.213-71572.082+116%-1294033.291+395%-212742.643+148%1251749.638-65%
Usd Free Cash Flow Per Share--0.0020.000+116%-0.006+394%-0.001+148%0.007-70%
Usd Free Cash Flow To Equity Per Share--0.0020.002-13%-0.006+405%-0.001+164%0.006-65%
Usd Market Cap348536733.600+27%254183018.000220074301.670+15%195229337.440+30%219859100.742+16%320873775.044-21%
Usd Price Per Share1.576+27%1.1490.994+16%0.882+30%0.994+16%1.451-21%
Usd Profit---325282.006-1862926.414+473%-3789655.356+1065%-1941387.058+497%-258163.386-21%
Usd Revenue--24562568.66327631643.523-11%29876060.569-18%33335989.122-26%42265253.529-42%
Usd Total Gains Per Share--0.000-0.005+40156%-0.016+120252%-0.008+56855%0.022-100%
 EOD+4 -4MRQTTM+24 -10YOY+22 -125Y+20 -1410Y+8 -27

3.2. Fundamental Score

Let's check the fundamental score of Harson Trading China Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-268.085
Price to Book Ratio (EOD)Between0-13.079
Net Profit Margin (MRQ)Greater than0-0.013
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.421
Current Ratio (MRQ)Greater than14.683
Debt to Asset Ratio (MRQ)Less than10.177
Debt to Equity Ratio (MRQ)Less than10.217
Return on Equity (MRQ)Greater than0.15-0.003
Return on Assets (MRQ)Greater than0.05-0.002
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Harson Trading China Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.656
Ma 20Greater thanMa 5012.764
Ma 50Greater thanMa 10013.358
Ma 100Greater thanMa 20011.256
OpenGreater thanClose11.060
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Interest Income  1,29814,30215,600-14,2231,3772,2083,585-8,763-5,178



Latest Balance Sheet

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

Summary
Total Assets995,103
Total Liabilities176,564
Total Stockholder Equity812,412
 As reported
Total Liabilities 176,564
Total Stockholder Equity+ 812,412
Total Assets = 995,103

Assets

Total Assets995,103
Total Current Assets815,419
Long-term Assets179,684
Total Current Assets
Cash And Cash Equivalents 320,140
Short-term Investments 28,229
Net Receivables 45,155
Inventory 351,447
Other Current Assets 4,865
Total Current Assets  (as reported)815,419
Total Current Assets  (calculated)749,836
+/- 65,583
Long-term Assets
Property Plant Equipment 55,380
Intangible Assets 28,160
Long-term Assets  (as reported)179,684
Long-term Assets  (calculated)83,540
+/- 96,144

Liabilities & Shareholders' Equity

Total Current Liabilities174,126
Long-term Liabilities2,438
Total Stockholder Equity812,412
Total Current Liabilities
Short Long Term Debt 20,000
Accounts payable 96,056
Other Current Liabilities 791
Total Current Liabilities  (as reported)174,126
Total Current Liabilities  (calculated)116,847
+/- 57,278
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt1,149
Long-term Liabilities  (as reported)2,438
Long-term Liabilities  (calculated)1,149
+/- 1,289
Total Stockholder Equity
Retained Earnings 41,070
Total Stockholder Equity (as reported)812,412
Total Stockholder Equity (calculated)41,070
+/- 771,342
Other
Capital Stock221,275
Common Stock Shares Outstanding 221,275
Net Invested Capital 832,412
Net Working Capital 641,293
Property Plant and Equipment Gross 55,380



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-03-312014-12-312013-12-312012-12-312011-12-31
> Total Assets 
1,120,354
1,274,240
1,419,902
1,256,357
0
1,227,260
1,224,808
1,677,696
1,437,943
1,488,711
1,434,520
1,392,114
1,405,505
1,437,752
1,447,603
1,354,725
1,393,012
1,317,717
1,242,171
1,225,106
1,253,037
1,269,142
1,169,885
1,109,848
1,181,435
1,158,158
1,091,014
1,085,444
1,113,379
1,161,170
1,068,099
1,013,698
1,037,710
1,039,892
989,085
970,693
995,103
995,103970,693989,0851,039,8921,037,7101,013,6981,068,0991,161,1701,113,3791,085,4441,091,0141,158,1581,181,4351,109,8481,169,8851,269,1421,253,0371,225,1061,242,1711,317,7171,393,0121,354,7251,447,6031,437,7521,405,5051,392,1141,434,5201,488,7111,437,9431,677,6961,224,8081,227,26001,256,3571,419,9021,274,2401,120,354
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,134,259
1,133,287
1,093,561
1,025,412
1,013,200
1,027,856
1,046,664
950,991
892,219
962,876
946,574
884,943
879,374
896,613
960,650
878,615
826,671
846,507
856,656
782,315
789,542
815,419
815,419789,542782,315856,656846,507826,671878,615960,650896,613879,374884,943946,574962,876892,219950,9911,046,6641,027,8561,013,2001,025,4121,093,5611,133,2871,134,259000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
79,475
45,033
371,302
57,287
40,034
53,538
421,468
154,742
131,290
112,347
410,061
354,238
332,412
326,655
386,157
374,524
326,199
322,144
368,568
331,041
325,906
320,140
320,140325,906331,041368,568322,144326,199374,524386,157326,655332,412354,238410,061112,347131,290154,742421,46853,53840,03457,287371,30245,03379,475000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
357,830
0
20,100
0
361,610
0
0
222,336
223,784
253,947
0
33,044
53,207
50,160
30,500
30,383
50,321
30,288
0
20,006
20,001
28,229
28,22920,00120,006030,28850,32130,38330,50050,16053,20733,0440253,947223,784222,33600361,610020,1000357,830000000000000000
       Net Receivables 
164,020
213,475
226,223
194,264
0
191,531
157,553
136,710
131,609
169,815
138,621
153,987
100,779
165,434
141,967
148,900
123,743
142,205
106,260
99,264
71,753
133,445
112,493
106,396
75,394
98,447
79,781
101,748
74,575
141,522
88,660
77,130
78,543
91,737
67,198
94,314
45,155
45,15594,31467,19891,73778,54377,13088,660141,52274,575101,74879,78198,44775,394106,396112,493133,44571,75399,264106,260142,205123,743148,900141,967165,434100,779153,987138,621169,815131,609136,710157,553191,5310194,264226,223213,475164,020
       Other Current Assets 
86,462
51,275
41,555
34,494
0
29,702
32,600
46,614
28,992
39,702
327,681
21,615
325,118
25,926
385,345
26,643
362,859
29,062
310,647
368,989
328,013
24,004
22,128
20,982
44,751
14,876
27,372
27,151
29,519
30,213
43,668
52,279
31,170
49,211
41,108
33,356
4,865
4,86533,35641,10849,21131,17052,27943,66830,21329,51927,15127,37214,87644,75120,98222,12824,004328,013368,989310,64729,062362,85926,643385,34525,926325,11821,615327,68139,70228,99246,61432,60029,702034,49441,55551,27586,462
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
216,758
211,906
225,181
222,478
218,894
217,628
218,560
211,584
206,071
206,070
216,766
200,520
189,484
187,027
191,204
183,235
206,770
181,150
179,684
179,684181,150206,770183,235191,204187,027189,484200,520216,766206,070206,071211,584218,560217,628218,894222,478225,181211,906216,758000000000000000000
       Property Plant Equipment 
142,011
167,445
171,545
158,388
0
149,742
146,277
142,923
141,048
138,650
136,155
132,924
129,510
126,292
122,810
119,785
115,912
113,168
110,153
107,931
105,515
101,109
98,706
94,565
92,535
89,589
88,610
86,676
84,953
87,786
89,955
85,572
82,141
78,300
78,449
58,959
55,380
55,38058,95978,44978,30082,14185,57289,95587,78684,95386,67688,61089,58992,53594,56598,706101,109105,515107,931110,153113,168115,912119,785122,810126,292129,510132,924136,155138,650141,048142,923146,277149,7420158,388171,545167,445142,011
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,839
14,951
14,587
14,674
30,146
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000030,14614,67414,58714,95114,8390000000000000000
       Intangible Assets 
6,794
6,594
7,827
8,347
0
7,986
7,794
7,671
7,501
7,270
6,961
6,867
6,761
6,988
7,643
7,717
56,572
55,082
53,349
47,021
50,504
49,089
47,668
46,397
45,014
43,649
42,285
40,921
39,561
38,235
36,865
35,496
34,133
32,790
33,526
29,523
28,160
28,16029,52333,52632,79034,13335,49636,86538,23539,56140,92142,28543,64945,01446,39747,66849,08950,50447,02153,34955,08256,5727,7177,6436,9886,7616,8676,9617,2707,5017,6717,7947,98608,3477,8276,5946,794
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
216,758
211,906
225,181
222,478
218,894
0
92,535
0
0
0
0
0
0
0
0
0
0
0
0
00000000000092,5350218,894222,478225,181211,906216,758000000000000000000
> Total Liabilities 
840,438
868,618
921,779
703,555
0
568,266
532,852
518,589
276,541
303,458
211,066
221,099
257,131
293,930
267,461
229,289
297,548
297,778
202,919
197,841
233,673
241,868
144,609
114,221
200,499
184,770
108,950
105,983
153,359
206,996
145,545
129,037
181,978
226,274
186,736
151,868
176,564
176,564151,868186,736226,274181,978129,037145,545206,996153,359105,983108,950184,770200,499114,221144,609241,868233,673197,841202,919297,778297,548229,289267,461293,930257,131221,099211,066303,458276,541518,589532,852568,2660703,555921,779868,618840,438
   > Total Current Liabilities 
840,274
868,584
919,764
701,555
0
562,266
526,852
514,589
272,541
299,458
207,066
217,099
253,131
289,930
263,461
229,289
297,548
296,673
201,892
196,892
232,758
240,988
143,763
113,409
199,721
184,027
108,241
105,308
152,718
204,118
141,052
126,633
179,519
223,355
184,096
149,383
174,126
174,126149,383184,096223,355179,519126,633141,052204,118152,718105,308108,241184,027199,721113,409143,763240,988232,758196,892201,892296,673297,548229,289263,461289,930253,131217,099207,066299,458272,541514,589526,852562,2660701,555919,764868,584840,274
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50,051
70,142
20,000
20,000
20,00020,00070,14250,051000000000000000000000000000000000
       Accounts payable 
293,717
322,054
300,927
364,715
0
254,601
146,098
169,987
192,899
178,268
131,424
116,850
178,379
179,115
164,190
121,537
207,931
165,706
118,306
113,166
165,459
164,458
88,586
50,543
123,227
115,630
48,034
41,140
95,907
120,987
68,311
43,573
106,736
78,236
47,286
54,171
96,056
96,05654,17147,28678,236106,73643,57368,311120,98795,90741,14048,034115,630123,22750,54388,586164,458165,459113,166118,306165,706207,931121,537164,190179,115178,379116,850131,424178,268192,899169,987146,098254,6010364,715300,927322,054293,717
       Other Current Liabilities 
109,062
144,477
144,145
127,338
0
125,040
88,788
93,550
71,851
119,041
74,545
97,915
74,752
110,815
99,272
35,960
60,286
38,708
55,047
34,425
41,134
18,200
31,547
19,491
37,111
13,369
33,578
14,515
35,181
56,443
47,739
29,340
49,245
20,335
44,172
22,515
791
79122,51544,17220,33549,24529,34047,73956,44335,18114,51533,57813,36937,11119,49131,54718,20041,13434,42555,04738,70860,28635,96099,272110,81574,75297,91574,545119,04171,85193,55088,788125,0400127,338144,145144,477109,062
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,027
949
914
880
846
812
778
744
709
675
641
2,879
4,493
2,404
2,459
2,919
2,639
2,485
2,438
2,4382,4852,6392,9192,4592,4044,4932,8796416757097447788128468809149491,027000000000000000000
       Other Liabilities 
0
0
2,000
2,000
0
6,000
6,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
0
0
1,105
1,027
949
914
880
846
812
778
744
709
675
641
607
573
538
504
1,406
1,300
1,148
0
01,1481,3001,4065045385736076416757097447788128468809149491,0271,105004,0004,0004,0004,0004,0004,0004,0004,0006,0006,00002,0002,00000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,709
3,369
4,857
6,340
6,226
6,744
7,300
6,316
5,400
5,199
4,103
3,709
4,089
3,951
4,590
4,088
3,786
4,279
5,046
5,217
5,056
0
05,0565,2175,0464,2793,7864,0884,5903,9514,0893,7094,1035,1995,4006,3167,3006,7446,2266,3404,8573,3692,709000000000000000
> Total Stockholder Equity
264,786
389,840
482,612
538,065
552,803
640,903
674,525
1,143,809
1,145,718
1,170,624
1,209,045
1,157,807
1,135,032
1,132,271
1,168,852
1,115,157
1,085,526
1,013,376
1,033,447
1,022,213
1,014,303
1,023,407
1,022,058
993,342
982,855
973,353
982,033
979,431
959,989
954,160
922,542
884,651
855,723
811,254
799,342
814,173
812,412
812,412814,173799,342811,254855,723884,651922,542954,160959,989979,431982,033973,353982,855993,3421,022,0581,023,4071,014,3031,022,2131,033,4471,013,3761,085,5261,115,1571,168,8521,132,2711,135,0321,157,8071,209,0451,170,6241,145,7181,143,809674,525640,903552,803538,065482,612389,840264,786
   Common Stock
163,000
163,000
163,000
163,000
0
163,000
163,000
217,360
217,360
217,360
217,360
217,360
217,360
217,360
217,360
219,907
219,907
219,907
219,907
219,897
217,360
217,360
217,360
217,360
217,360
217,360
217,360
217,360
217,360
221,360
221,360
221,360
221,360
221,360
221,360
221,275
0
0221,275221,360221,360221,360221,360221,360221,360217,360217,360217,360217,360217,360217,360217,360217,360217,360219,897219,907219,907219,907219,907217,360217,360217,360217,360217,360217,360217,360217,360163,000163,0000163,000163,000163,000163,000
   Retained Earnings 
29,882
159,733
252,570
308,045
0
410,866
444,486
464,549
466,465
491,356
529,783
478,552
455,771
453,014
489,237
433,840
403,178
334,126
291,634
280,407
272,518
344,171
342,827
314,121
303,624
294,118
302,798
300,166
280,724
274,022
240,942
201,587
171,196
117,842
105,668
119,705
41,070
41,070119,705105,668117,842171,196201,587240,942274,022280,724300,166302,798294,118303,624314,121342,827344,171272,518280,407291,634334,126403,178433,840489,237453,014455,771478,552529,783491,356466,465464,549444,486410,8660308,045252,570159,73329,882
   Capital Surplus 0000000000000000000000000000000000000
   Treasury Stock00000000000000000000-17,420-17,420000000000000000
   Other Stockholders Equity 00000000-179-179-179-179-184-194-184-179-178-156-149-165-160-150000000000000000



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 (+$)
totalRevenue798,602
Cost of Revenue-374,626
Gross Profit423,977423,977
 
Operating Income (+$)
Gross Profit423,977
Operating Expense-829,308
Operating Income-30,705-405,331
 
Operating Expense (+$)
Research Development1,706
Selling General Administrative415,189
Selling And Marketing Expenses-
Operating Expense829,308416,895
 
Net Interest Income (+$)
Interest Income12,631
Interest Expense-1,779
Other Finance Cost-2,981
Net Interest Income7,871
 
Pretax Income (+$)
Operating Income-30,705
Net Interest Income7,871
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-45,403-30,705
EBIT - interestExpense = -1,779
-53,842
-52,063
Interest Expense1,779
Earnings Before Interest and Taxes (EBIT)--43,624
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-45,403
Tax Provision-5,820
Net Income From Continuing Ops-51,223-51,223
Net Income-53,842
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--7,871
 

Technical Analysis of Harson Trading China 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 Harson Trading China Co Ltd. The general trend of Harson Trading China Co Ltd is BULLISH with 42.9% 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 Harson Trading China 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 (42.9%) Bearish trend (-42.9%)
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 Harson Trading China 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: 12.32 < 18.65 < 19.29.

The bearish price targets are: 10.45 > 10.10 > 9.86.

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Harson Trading China 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 Harson Trading China Co Ltd. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

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

Harson Trading China 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 Harson Trading China Co Ltd. The current macd is -0.57542778.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Harson Trading China Co Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Harson Trading China Co Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Harson Trading China Co Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Harson Trading China Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartHarson Trading China 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 Harson Trading China Co Ltd. The current adx is 17.91.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Harson Trading China Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Harson Trading China 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 Harson Trading China Co Ltd. The current sar is 13.25.

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
Harson Trading China 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 Harson Trading China Co Ltd. The current rsi is 37.66. The current phase is Correction in bull market.

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

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Harson Trading China Co Ltd Daily Relative Strength Index (RSI) ChartHarson Trading China 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 Harson Trading China Co Ltd. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Harson Trading China Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Harson Trading China Co Ltd Daily Stochastic Oscillator ChartHarson Trading China 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 Harson Trading China Co Ltd. The current cci is -171.89474894.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Harson Trading China Co Ltd Daily Commodity Channel Index (CCI) ChartHarson Trading China 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 Harson Trading China Co Ltd. The current cmo is -38.23924356.

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
Harson Trading China Co Ltd Daily Chande Momentum Oscillator (CMO) ChartHarson Trading China 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 Harson Trading China Co Ltd. The current willr is -84.12698413.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Harson Trading China Co Ltd Daily Williams %R ChartHarson Trading China 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 Harson Trading China Co Ltd.

Harson Trading China 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 Harson Trading China Co Ltd. The current atr is 0.80125425.

Harson Trading China Co Ltd Daily Average True Range (ATR) ChartHarson Trading China 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 Harson Trading China Co Ltd. The current obv is 84,137,399.

Harson Trading China Co Ltd Daily On-Balance Volume (OBV) ChartHarson Trading China 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 Harson Trading China Co Ltd. The current mfi is 34.22.

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

  • MFI < 50: -1
Harson Trading China Co Ltd Daily Money Flow Index (MFI) ChartHarson Trading China Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Harson Trading China Co Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Harson Trading China Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Harson Trading China Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.656
Ma 20Greater thanMa 5012.764
Ma 50Greater thanMa 10013.358
Ma 100Greater thanMa 20011.256
OpenGreater thanClose11.060
Total2/5 (40.0%)
Penke

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