25 XP   0   0   10

Wanshih Electronic Co Ltd
Buy, Hold or Sell?

Let's analyse Wanshih together

PenkeI guess you are interested in Wanshih Electronic 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 Wanshih Electronic 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.

Get notifications about Wanshih Electronic Co Ltd

I send you an email if I find something interesting about Wanshih Electronic Co Ltd.

Quick analysis of Wanshih (30 sec.)










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

How much money do you get?

How much money do you get?
NT$0.00
When do you have the money?
1 year
How often do you get paid?
30.8%

What is your share worth?

Current worth
NT$12.47
Expected worth in 1 year
NT$12.04
How sure are you?
61.5%

+ What do you gain per year?

Total Gains per Share
NT$-0.44
Return On Investment
-2.2%

For what price can you sell your share?

Current Price per Share
NT$19.95
Expected price per share
NT$18.70 - NT$23.25
How sure are you?
50%

1. Valuation of Wanshih (5 min.)




Live pricePrice per Share (EOD)

NT$19.95

Intrinsic Value Per Share

NT$48.41 - NT$58.43

Total Value Per Share

NT$60.88 - NT$70.90

2. Growth of Wanshih (5 min.)




Is Wanshih growing?

Current yearPrevious yearGrowGrow %
How rich?$28.3m$29.9m-$2m-7.2%

How much money is Wanshih making?

Current yearPrevious yearGrowGrow %
Making money-$243.7k-$547.5k$303.8k124.7%
Net Profit Margin-2.3%-5.7%--

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

3. Financial Health of Wanshih (5 min.)




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




  Industry Rankings (Communication Equipment)  


Richest
#245 / 342

Most Revenue
#269 / 342

Most Profit
#203 / 342

Most Efficient
#210 / 342

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

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

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

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

Speculation

The Price per Share of Wanshih is NT$19.95. 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 Wanshih.
  • 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 Wanshih, 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 NT$12.47. Based on the TTM, the Book Value Change Per Share is NT$-0.11 per quarter. Based on the YOY, the Book Value Change Per Share is NT$0.22 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 NT$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Wanshih.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps0.000.0%0.000.0%-0.010.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.000.0%0.000.0%0.010.0%0.030.2%0.030.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.010.1%0.030.2%0.030.2%
Usd Price Per Share0.61-0.70-0.81-0.65-0.65-
Price to Earnings Ratio69.86--5.80--15.38--2.01--2.01-
Price-to-Total Gains Ratio-171.05--13.74--36.30--4.58--4.58-
Price to Book Ratio1.56-1.82-1.95-1.66-1.66-
Price-to-Total Gains Ratio-171.05--13.74--36.30--4.58--4.58-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.624435
Number of shares1601
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.03
Usd Total Gains Per Share0.000.03
Gains per Quarter (1601 shares)-5.4649.62
Gains per Year (1601 shares)-21.85198.46
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-22-326192188
20-44-5412385386
30-66-7619577584
40-87-9825769782
50-109-12031961980
60-131-1423711541178
70-153-1644313461376
80-175-1864915381574
90-197-2085617311772
100-218-2306219231970

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%4.08.00.033.3%5.08.00.038.5%5.08.00.038.5%5.08.00.038.5%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%8.05.00.061.5%8.05.00.061.5%8.05.00.061.5%
Dividend per Share0.00.04.00.0%4.00.08.033.3%4.00.09.030.8%4.00.09.030.8%4.00.09.030.8%
Total Gains per Share2.02.00.050.0%7.05.00.058.3%8.05.00.061.5%8.05.00.061.5%8.05.00.061.5%

Fundamentals of Wanshih

About Wanshih Electronic Co Ltd

Wanshih Electronic Co., Ltd. operates as an OEM/ODM manufacturer of mini coaxial cable assembly for tier-one notebook computer and mobile phone companies worldwide. Its products include external cables comprising USB, lightning, HDMI, audio video, LAN, SATA, automobile, and medical cables; wire harness assemblies that include LVDS/eDP, consumer device, industrial, and robotic cables; antennas, such as external Wi-Fi and LTE, built-in PCB and metal, built-in MIMO, satellite positioning, small cell patch station, and fiberglass tube; and radar products. The company also provides SMT products and assembly, such as SMT equipment comprising multi-f production, solder paste printing, 3D online solder paste, and AOI optical inspection; and various applications in automobile, consumer electronic, and 3C/AI. Wanshih Electronic Co., Ltd. was founded in 1987 and is based in New Taipei City, Taiwan.

Fundamental data was last updated by Penke on 2024-03-08 10:54:03.

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 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 fair priced.

1.1. Profitability of Wanshih Electronic Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Wanshih earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Wanshih to the Communication Equipment industry mean.
  • A Net Profit Margin of 1.8% means that NT$0.02 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Wanshih Electronic Co Ltd:

  • The MRQ is 1.8%. The company is making a profit. +1
  • The TTM is -2.3%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ1.8%TTM-2.3%+4.1%
TTM-2.3%YOY-5.7%+3.4%
TTM-2.3%5Y-2.1%-0.2%
5Y-2.1%10Y-2.1%0.0%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%0.4%+1.4%
TTM-2.3%1.1%-3.4%
YOY-5.7%2.2%-7.9%
5Y-2.1%1.0%-3.1%
10Y-2.1%1.3%-3.4%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Wanshih to the Communication Equipment industry mean.
  • 0.3% Return on Assets means that Wanshih generated NT$0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Wanshih Electronic Co Ltd:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -0.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.3%TTM-0.5%+0.8%
TTM-0.5%YOY-0.9%+0.5%
TTM-0.5%5Y-0.3%-0.1%
5Y-0.3%10Y-0.3%0.0%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%0.2%+0.1%
TTM-0.5%0.4%-0.9%
YOY-0.9%0.7%-1.6%
5Y-0.3%0.4%-0.7%
10Y-0.3%0.5%-0.8%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Wanshih to the Communication Equipment industry mean.
  • 0.6% Return on Equity means Wanshih generated NT$0.01 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Wanshih Electronic Co Ltd:

  • The MRQ is 0.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -1.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.6%TTM-1.0%+1.7%
TTM-1.0%YOY-2.1%+1.1%
TTM-1.0%5Y-0.7%-0.4%
5Y-0.7%10Y-0.7%0.0%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%0.4%+0.2%
TTM-1.0%0.8%-1.8%
YOY-2.1%1.2%-3.3%
5Y-0.7%0.7%-1.4%
10Y-0.7%0.9%-1.6%

1.2. Operating Efficiency of Wanshih Electronic Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Wanshih is operating .

  • Measures how much profit Wanshih makes for each NT$1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Wanshih to the Communication Equipment industry mean.
  • An Operating Margin of 0.0% means the company generated NT$0.00  for each NT$1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Wanshih Electronic Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-1.9%+1.9%
TTM-1.9%YOY-9.5%+7.6%
TTM-1.9%5Y-4.4%+2.5%
5Y-4.4%10Y-4.4%0.0%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.2%-3.2%
TTM-1.9%1.5%-3.4%
YOY-9.5%3.2%-12.7%
5Y-4.4%2.2%-6.6%
10Y-4.4%1.6%-6.0%
1.2.2. Operating Ratio

Measures how efficient Wanshih is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Communication Equipment industry mean).
  • An Operation Ratio of 1.82 means that the operating costs are NT$1.82 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of Wanshih Electronic Co Ltd:

  • The MRQ is 1.818. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.783. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.818TTM1.783+0.035
TTM1.783YOY1.959-0.175
TTM1.7835Y1.862-0.079
5Y1.86210Y1.8620.000
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8181.584+0.234
TTM1.7831.549+0.234
YOY1.9591.541+0.418
5Y1.8621.532+0.330
10Y1.8621.285+0.577

1.3. Liquidity of Wanshih Electronic Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Communication Equipment industry mean).
  • A Current Ratio of 2.66 means the company has NT$2.66 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of Wanshih Electronic Co Ltd:

  • The MRQ is 2.660. The company is able to pay all its short-term debts. +1
  • The TTM is 2.089. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.660TTM2.089+0.571
TTM2.089YOY1.653+0.436
TTM2.0895Y1.762+0.327
5Y1.76210Y1.7620.000
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6601.909+0.751
TTM2.0891.887+0.202
YOY1.6531.857-0.204
5Y1.7621.960-0.198
10Y1.7621.795-0.033
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Wanshih to the Communication Equipment industry mean.
  • A Quick Ratio of 1.21 means the company can pay off NT$1.21 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Wanshih Electronic Co Ltd:

  • The MRQ is 1.211. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 0.999. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ1.211TTM0.999+0.212
TTM0.999YOY0.762+0.237
TTM0.9995Y0.839+0.160
5Y0.83910Y0.8390.000
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2110.860+0.351
TTM0.9990.895+0.104
YOY0.7620.955-0.193
5Y0.8391.022-0.183
10Y0.8391.064-0.225

1.4. Solvency of Wanshih Electronic Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Wanshih to Communication Equipment industry mean.
  • A Debt to Asset Ratio of 0.41 means that Wanshih assets are financed with 41.3% credit (debt) and the remaining percentage (100% - 41.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Wanshih Electronic Co Ltd:

  • The MRQ is 0.413. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.458. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.413TTM0.458-0.046
TTM0.458YOY0.474-0.016
TTM0.4585Y0.477-0.019
5Y0.47710Y0.4770.000
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4130.469-0.056
TTM0.4580.477-0.019
YOY0.4740.473+0.001
5Y0.4770.468+0.009
10Y0.4770.457+0.020
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Wanshih to the Communication Equipment industry mean.
  • A Debt to Equity ratio of 81.3% means that company has NT$0.81 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Wanshih Electronic Co Ltd:

  • The MRQ is 0.813. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.988. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.813TTM0.988-0.174
TTM0.988YOY1.035-0.047
TTM0.9885Y1.064-0.076
5Y1.06410Y1.0640.000
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8130.838-0.025
TTM0.9880.854+0.134
YOY1.0350.894+0.141
5Y1.0640.896+0.168
10Y1.0640.920+0.144

2. Market Valuation of Wanshih Electronic Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every NT$1 in earnings Wanshih generates.

  • Above 15 is considered overpriced but always compare Wanshih to the Communication Equipment industry mean.
  • A PE ratio of 69.86 means the investor is paying NT$69.86 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Wanshih Electronic Co Ltd:

  • The EOD is 71.474. Based on the earnings, the company is expensive. -2
  • The MRQ is 69.862. Based on the earnings, the company is expensive. -2
  • The TTM is -5.798. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD71.474MRQ69.862+1.612
MRQ69.862TTM-5.798+75.660
TTM-5.798YOY-15.382+9.584
TTM-5.7985Y-2.013-3.786
5Y-2.01310Y-2.0130.000
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD71.4741.607+69.867
MRQ69.8622.318+67.544
TTM-5.7985.601-11.399
YOY-15.38211.799-27.181
5Y-2.01314.306-16.319
10Y-2.01316.956-18.969
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Wanshih Electronic Co Ltd:

  • The EOD is 11.405. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 11.148. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 38.304. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD11.405MRQ11.148+0.257
MRQ11.148TTM38.304-27.156
TTM38.304YOY-13.624+51.928
TTM38.3045Y7.463+30.841
5Y7.46310Y7.4630.000
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD11.4051.886+9.519
MRQ11.1482.083+9.065
TTM38.3040.611+37.693
YOY-13.624-0.548-13.076
5Y7.4631.699+5.764
10Y7.4631.853+5.610
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Communication Equipment industry mean).
  • A PB ratio of 1.56 means the investor is paying NT$1.56 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of Wanshih Electronic Co Ltd:

  • The EOD is 1.600. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.564. Based on the equity, the company is underpriced. +1
  • The TTM is 1.821. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.600MRQ1.564+0.036
MRQ1.564TTM1.821-0.258
TTM1.821YOY1.945-0.124
TTM1.8215Y1.664+0.157
5Y1.66410Y1.6640.000
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD1.6001.917-0.317
MRQ1.5641.996-0.432
TTM1.8212.040-0.219
YOY1.9451.992-0.047
5Y1.6642.305-0.641
10Y1.6642.673-1.009
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Wanshih Electronic 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---0.114-0.109-4%0.220-152%0.959-112%0.959-112%
Book Value Per Share--12.47112.296+1%13.182-5%12.461+0%12.461+0%
Current Ratio--2.6602.089+27%1.653+61%1.762+51%1.762+51%
Debt To Asset Ratio--0.4130.458-10%0.474-13%0.477-13%0.477-13%
Debt To Equity Ratio--0.8130.988-18%1.035-21%1.064-24%1.064-24%
Dividend Per Share----0%0.100-100%0.031-100%0.031-100%
Eps--0.070-0.127+282%-0.241+445%-0.088+226%-0.088+226%
Free Cash Flow Per Share--0.4370.309+41%-0.280+164%-0.104+124%-0.104+124%
Free Cash Flow To Equity Per Share--0.437-0.006+101%0.354+23%0.011+3724%0.011+3724%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--58.433--------
Intrinsic Value_10Y_min--48.409--------
Intrinsic Value_1Y_max--0.645--------
Intrinsic Value_1Y_min--0.630--------
Intrinsic Value_3Y_max--5.909--------
Intrinsic Value_3Y_min--5.561--------
Intrinsic Value_5Y_max--15.960--------
Intrinsic Value_5Y_min--14.472--------
Market Cap1448070750.000+2%1415407500.0001624996687.500-13%1869063750.000-24%1518943302.346-7%1518943302.346-7%
Net Profit Margin--0.018-0.023+225%-0.057+412%-0.021+216%-0.021+216%
Operating Margin----0.0190%-0.0950%-0.0440%-0.0440%
Operating Ratio--1.8181.783+2%1.959-7%1.862-2%1.862-2%
Pb Ratio1.600+2%1.5641.821-14%1.945-20%1.664-6%1.664-6%
Pe Ratio71.474+2%69.862-5.798+108%-15.382+122%-2.013+103%-2.013+103%
Price Per Share19.950+2%19.50022.388-13%25.750-24%20.926-7%20.926-7%
Price To Free Cash Flow Ratio11.405+2%11.14838.304-71%-13.624+222%7.463+49%7.463+49%
Price To Total Gains Ratio-174.993-2%-171.046-13.737-92%-36.301-79%-4.584-97%-4.584-97%
Quick Ratio--1.2110.999+21%0.762+59%0.839+44%0.839+44%
Return On Assets--0.003-0.005+238%-0.009+389%-0.003+199%-0.003+199%
Return On Equity--0.006-0.010+258%-0.021+426%-0.007+203%-0.007+203%
Total Gains Per Share---0.114-0.109-4%0.320-136%0.990-112%0.990-112%
Usd Book Value--28334043.30027936259.425+1%29947785.225-5%28309357.231+0%28309357.231+0%
Usd Book Value Change Per Share---0.004-0.003-4%0.007-152%0.030-112%0.030-112%
Usd Book Value Per Share--0.3900.385+1%0.413-5%0.390+0%0.390+0%
Usd Dividend Per Share----0%0.003-100%0.001-100%0.001-100%
Usd Eps--0.002-0.004+282%-0.008+445%-0.003+226%-0.003+226%
Usd Free Cash Flow--993493.300702810.200+41%-635765.600+164%-236685.785+124%-236685.785+124%
Usd Free Cash Flow Per Share--0.0140.010+41%-0.009+164%-0.003+124%-0.003+124%
Usd Free Cash Flow To Equity Per Share--0.0140.000+101%0.011+23%0.000+3724%0.000+3724%
Usd Market Cap45324614.475+2%44302254.75050862396.319-13%58501695.375-24%47542925.363-7%47542925.363-7%
Usd Price Per Share0.624+2%0.6100.701-13%0.806-24%0.655-7%0.655-7%
Usd Profit--158534.500-243733.100+254%-547585.675+445%-186124.246+217%-186124.246+217%
Usd Revenue--8622774.4009875040.450-13%11273579.225-24%11842747.454-27%11842747.454-27%
Usd Total Gains Per Share---0.004-0.003-4%0.010-136%0.031-112%0.031-112%
 EOD+3 -5MRQTTM+21 -11YOY+18 -165Y+21 -1310Y+21 -13

3.2. Fundamental Score

Let's check the fundamental score of Wanshih Electronic Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1571.474
Price to Book Ratio (EOD)Between0-11.600
Net Profit Margin (MRQ)Greater than00.018
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.211
Current Ratio (MRQ)Greater than12.660
Debt to Asset Ratio (MRQ)Less than10.413
Debt to Equity Ratio (MRQ)Less than10.813
Return on Equity (MRQ)Greater than0.150.006
Return on Assets (MRQ)Greater than0.050.003
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Wanshih Electronic Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.784
Ma 20Greater thanMa 5021.093
Ma 50Greater thanMa 10020.701
Ma 100Greater thanMa 20020.062
OpenGreater thanClose20.150
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Minority Interest  -2,031885-1,146-270-1,416139-1,2772,252975



Latest Balance Sheet

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

Summary
Total Assets1,541,518
Total Liabilities636,277
Total Stockholder Equity782,192
 As reported
Total Liabilities 636,277
Total Stockholder Equity+ 782,192
Total Assets = 1,541,518

Assets

Total Assets1,541,518
Total Current Assets937,025
Long-term Assets604,493
Total Current Assets
Cash And Cash Equivalents 228,226
Short-term Investments 92,349
Net Receivables 334,309
Inventory 211,175
Other Current Assets 7,747
Total Current Assets  (as reported)937,025
Total Current Assets  (calculated)873,806
+/- 63,219
Long-term Assets
Property Plant Equipment 292,621
Long-term Assets Other 13,237
Long-term Assets  (as reported)604,493
Long-term Assets  (calculated)305,858
+/- 298,635

Liabilities & Shareholders' Equity

Total Current Liabilities352,302
Long-term Liabilities283,975
Total Stockholder Equity782,192
Total Current Liabilities
Short Long Term Debt 131,261
Accounts payable 110,097
Other Current Liabilities 4,730
Total Current Liabilities  (as reported)352,302
Total Current Liabilities  (calculated)246,088
+/- 106,214
Long-term Liabilities
Long term Debt 192,849
Capital Lease Obligations Min Short Term Debt52,730
Long-term Liabilities  (as reported)283,975
Long-term Liabilities  (calculated)245,579
+/- 38,396
Total Stockholder Equity
Total Stockholder Equity (as reported)782,192
Total Stockholder Equity (calculated)0
+/- 782,192
Other
Capital Stock725,845
Common Stock Shares Outstanding 72,585
Net Debt 95,884
Net Invested Capital 1,106,302
Net Working Capital 584,723
Property Plant and Equipment Gross 292,621



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-30
> Total Assets 
1,662,453
1,798,271
1,781,804
1,721,998
1,662,126
1,743,329
1,770,255
1,907,783
1,872,972
1,721,520
1,695,237
1,649,461
1,541,518
1,541,5181,649,4611,695,2371,721,5201,872,9721,907,7831,770,2551,743,3291,662,1261,721,9981,781,8041,798,2711,662,453
   > Total Current Assets 
1,202,969
1,294,238
1,233,991
1,107,614
1,070,733
1,101,115
1,117,169
1,221,564
1,153,122
1,057,961
971,187
926,349
937,025
937,025926,349971,1871,057,9611,153,1221,221,5641,117,1691,101,1151,070,7331,107,6141,233,9911,294,2381,202,969
       Cash And Cash Equivalents 
339,569
319,304
231,398
213,083
221,535
291,045
319,008
466,984
292,478
247,892
216,347
187,368
228,226
228,226187,368216,347247,892292,478466,984319,008291,045221,535213,083231,398319,304339,569
       Short-term Investments 
2,273
2,325
2,309
33,616
19,691
23,058
23,738
45,331
45,590
71,565
69,638
92,875
92,349
92,34992,87569,63871,56545,59045,33123,73823,05819,69133,6162,3092,3252,273
       Net Receivables 
550,227
575,519
589,612
542,285
552,780
526,670
508,740
414,628
519,694
470,827
359,166
381,060
334,309
334,309381,060359,166470,827519,694414,628508,740526,670552,780542,285589,612575,519550,227
       Inventory 
290,597
367,602
378,653
289,870
244,415
242,730
243,008
276,583
273,869
249,821
246,022
235,757
211,175
211,175235,757246,022249,821273,869276,583243,008242,730244,415289,870378,653367,602290,597
       Other Current Assets 
22,576
31,813
19,773
18,207
19,601
8,817
13,985
8,691
6,725
7,678
8,300
14,417
7,747
7,74714,4178,3007,6786,7258,69113,9858,81719,60118,20719,77331,81322,576
   > Long-term Assets 
459,484
504,033
547,813
614,384
591,393
642,214
653,086
686,219
719,850
663,559
724,050
723,112
604,493
604,493723,112724,050663,559719,850686,219653,086642,214591,393614,384547,813504,033459,484
       Property Plant Equipment 
287,732
308,413
322,445
325,915
330,517
315,625
317,329
315,851
330,272
311,053
329,537
301,972
292,621
292,621301,972329,537311,053330,272315,851317,329315,625330,517325,915322,445308,413287,732
       Other Assets 
42,371
56,227
54,345
53,211
53,885
48,352
58,264
59,806
271,204
63,145
269,275
296,021
0
0296,021269,27563,145271,20459,80658,26448,35253,88553,21154,34556,22742,371
> Total Liabilities 
865,105
927,397
896,035
788,406
789,151
746,293
791,320
993,445
936,088
860,357
805,028
735,945
636,277
636,277735,945805,028860,357936,088993,445791,320746,293789,151788,406896,035927,397865,105
   > Total Current Liabilities 
730,371
791,541
786,018
705,853
708,795
670,100
710,233
734,705
664,774
594,923
518,532
452,800
352,302
352,302452,800518,532594,923664,774734,705710,233670,100708,795705,853786,018791,541730,371
       Short Long Term Debt 
293,215
211,782
261,871
287,913
316,823
271,628
348,813
372,944
313,616
270,240
240,836
213,802
131,261
131,261213,802240,836270,240313,616372,944348,813271,628316,823287,913261,871211,782293,215
       Accounts payable 
249,008
369,300
331,812
234,228
203,919
216,920
208,210
199,825
204,192
168,709
162,819
135,171
110,097
110,097135,171162,819168,709204,192199,825208,210216,920203,919234,228331,812369,300249,008
       Other Current Liabilities 
55,773
45,018
55,153
47,546
56,068
44,715
35,086
53,177
32,685
142,768
23,419
18,065
4,730
4,73018,06523,419142,76832,68553,17735,08644,71556,06847,54655,15345,01855,773
   > Long-term Liabilities 
134,734
135,856
110,017
82,553
80,356
76,193
81,087
258,740
271,314
265,434
286,496
283,145
283,975
283,975283,145286,496265,434271,314258,74081,08776,19380,35682,553110,017135,856134,734
       Long term Debt 
1,000
2,083
7,083
5,833
9,050
8,450
7,379
187,934
188,926
189,923
190,830
191,837
192,849
192,849191,837190,830189,923188,926187,9347,3798,4509,0505,8337,0832,0831,000
       Capital Lease Obligations Min Short Term Debt
34,232
32,143
29,937
32,918
30,993
26,542
33,384
29,654
42,306
37,177
58,412
56,280
52,730
52,73056,28058,41237,17742,30629,65433,38426,54230,99332,91829,93732,14334,232
       Other Liabilities 
55,677
57,141
55,219
54,591
51,250
51,485
53,894
53,719
54,753
51,540
0
50,327
0
050,327051,54054,75353,71953,89451,48551,25054,59155,21957,14155,677
       Long-term Liabilities Other 
625
0
0
0
0
0
0
0
0
0
0
0
0
000000000000625
> Total Stockholder Equity
659,279
743,769
759,966
810,775
767,288
892,921
864,639
799,494
817,302
742,382
767,921
791,596
782,192
782,192791,596767,921742,382817,302799,494864,639892,921767,288810,775759,966743,769659,279
   Common Stock
942,706
725,799
725,799
725,799
725,799
725,799
725,799
725,799
725,799
725,799
0
725,845
0
0725,8450725,799725,799725,799725,799725,799725,799725,799725,799725,799942,706
   Retained Earnings 
-239,764
36,042
41,010
32,376
17,252
44,503
31,929
-41,924
-18,585
-34,737
-45,560
-49,350
-3,313
-3,313-49,350-45,560-34,737-18,585-41,92431,92944,50317,25232,37641,01036,042-239,764
   Capital Surplus 0000000000000
   Treasury Stock0000000000000
   Other Stockholders Equity 
-45,534
-30,201
-18,972
40,471
12,108
110,490
94,782
63,965
58,434
51,320
0
61,957
0
061,957051,32058,43463,96594,782110,49012,10840,471-18,972-30,201-45,534



Balance Sheet

Currency in TWD. All numbers in thousands.




Cash Flow

Currency in TWD. All numbers in thousands.




Income Statement

Currency in TWD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,261,986
Cost of Revenue-942,659
Gross Profit319,327319,327
 
Operating Income (+$)
Gross Profit319,327
Operating Expense-1,309,153
Operating Income-47,167-989,826
 
Operating Expense (+$)
Research Development88,234
Selling General Administrative278,260
Selling And Marketing Expenses-
Operating Expense1,309,153366,494
 
Net Interest Income (+$)
Interest Income2,746
Interest Expense-14,368
Other Finance Cost-0
Net Interest Income-11,622
 
Pretax Income (+$)
Operating Income-47,167
Net Interest Income-11,622
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-32,436-47,167
EBIT - interestExpense = -14,368
-31,148
-16,780
Interest Expense14,368
Earnings Before Interest and Taxes (EBIT)--18,068
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-32,436
Tax Provision--4,152
Net Income From Continuing Ops-28,284-28,284
Net Income-31,148
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-11,622
 

Technical Analysis of Wanshih
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 Wanshih. The general trend of Wanshih is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Wanshih'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 (0.0%) Bearish trend (0.0%)
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 Wanshih Electronic Co Ltd.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 20.60 < 23.10 < 23.25.

The bearish price targets are: 19.90 > 19.70 > 18.70.

Tweet this
Wanshih Electronic 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 Wanshih Electronic Co Ltd. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-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 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 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 below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Wanshih Electronic 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 Wanshih Electronic Co Ltd. The current macd is -0.31534765.

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 Wanshih price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Wanshih. 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 Wanshih 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
Wanshih Electronic Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartWanshih Electronic 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 Wanshih Electronic Co Ltd. The current adx is 25.79.

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 Wanshih 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
Wanshih Electronic 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 Wanshih Electronic Co Ltd. The current sar is 21.66.

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
Wanshih Electronic 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 Wanshih Electronic Co Ltd. The current rsi is 41.78. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Wanshih Electronic Co Ltd Daily Relative Strength Index (RSI) ChartWanshih Electronic 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 Wanshih Electronic Co Ltd. The current phase is Oversold in neutral market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-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 below the STOCH %D 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 Wanshih price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Wanshih Electronic Co Ltd Daily Stochastic Oscillator ChartWanshih Electronic 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 Wanshih Electronic Co Ltd. The current cci is -87.5792142.

Wanshih Electronic Co Ltd Daily Commodity Channel Index (CCI) ChartWanshih Electronic 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 Wanshih Electronic Co Ltd. The current cmo is -25.19364131.

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
Wanshih Electronic Co Ltd Daily Chande Momentum Oscillator (CMO) ChartWanshih Electronic 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 Wanshih Electronic Co Ltd. The current willr is -92.30769231.

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
Wanshih Electronic Co Ltd Daily Williams %R ChartWanshih Electronic 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 Wanshih Electronic Co Ltd.

Wanshih Electronic 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 Wanshih Electronic Co Ltd. The current atr is 0.78325748.

Wanshih Electronic Co Ltd Daily Average True Range (ATR) ChartWanshih Electronic 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 Wanshih Electronic Co Ltd. The current obv is 81,897,201.

Wanshih Electronic Co Ltd Daily On-Balance Volume (OBV) ChartWanshih Electronic 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 Wanshih Electronic Co Ltd. The current mfi is 43.40.

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
Wanshih Electronic Co Ltd Daily Money Flow Index (MFI) ChartWanshih Electronic Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Wanshih Electronic 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
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-20CCI 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.
2023-11-21DMI 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.
2023-11-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12CCI 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.
2023-12-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27STOCH 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
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17DMI 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.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-19MACD 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-21WILLR 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).
2024-02-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05CCI 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).
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Wanshih Electronic Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Wanshih Electronic Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.784
Ma 20Greater thanMa 5021.093
Ma 50Greater thanMa 10020.701
Ma 100Greater thanMa 20020.062
OpenGreater thanClose20.150
Total3/5 (60.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Wanshih with someone you think should read this too:
  • Are you bullish or bearish on Wanshih? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Wanshih? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Wanshih Electronic Co Ltd

I send you an email if I find something interesting about Wanshih Electronic Co Ltd.


Comments

How you think about this?

Leave a comment

Stay informed about Wanshih Electronic Co Ltd.

Receive notifications about Wanshih Electronic Co Ltd in your mailbox!