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Beijing InHand Networks Technology Co Ltd
Buy, Hold or Sell?

Let's analyse Inhand together

PenkeI guess you are interested in Beijing InHand Networks Technology 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 Beijing InHand Networks Technology 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 Inhand (30 sec.)










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

How much money do you get?

How much money do you get?
¥0.04
When do you have the money?
1 year
How often do you get paid?
94.4%

What is your share worth?

Current worth
¥12.15
Expected worth in 1 year
¥13.33
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
¥1.48
Return On Investment
4.2%

For what price can you sell your share?

Current Price per Share
¥35.01
Expected price per share
¥21.44 - ¥40.84
How sure are you?
50%

1. Valuation of Inhand (5 min.)




Live pricePrice per Share (EOD)

¥35.01

Intrinsic Value Per Share

¥16.83 - ¥19.82

Total Value Per Share

¥28.98 - ¥31.97

2. Growth of Inhand (5 min.)




Is Inhand growing?

Current yearPrevious yearGrowGrow %
How rich?$123.7m$106.9m$11.3m9.6%

How much money is Inhand making?

Current yearPrevious yearGrowGrow %
Making money$3m$2.1m$871.4k28.4%
Net Profit Margin18.7%13.9%--

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

3. Financial Health of Inhand (5 min.)




4. Comparing to competitors in the Information Technology Services industry (5 min.)




  Industry Rankings (Information Technology Services)  


Richest
#181 / 401

Most Revenue
#312 / 401

Most Profit
#174 / 401

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

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

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

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

Speculation

The Price per Share of Inhand is ¥35.01. 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 Inhand.
  • 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 Inhand, 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 ¥12.15. Based on the TTM, the Book Value Change Per Share is ¥0.30 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.26 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 ¥0.07 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Inhand.

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 Eps0.040.1%0.050.2%0.030.1%0.040.1%0.040.1%
Usd Book Value Change Per Share0.050.1%0.040.1%0.040.1%0.090.3%0.090.3%
Usd Dividend Per Share0.000.0%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Total Gains Per Share0.050.1%0.050.1%0.050.1%0.100.3%0.100.3%
Usd Price Per Share5.55-6.57-7.54-6.41-6.41-
Price to Earnings Ratio33.06-31.41-176.48-536.15-536.15-
Price-to-Total Gains Ratio122.37-150.53-198.82-227.40-227.40-
Price to Book Ratio3.30-4.10-5.25-4.74-4.74-
Price-to-Total Gains Ratio122.37-150.53-198.82-227.40-227.40-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.845384
Number of shares206
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.040.09
Usd Total Gains Per Share0.050.10
Gains per Quarter (206 shares)10.5721.17
Gains per Year (206 shares)42.2684.67
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
19343287775
217677415154160
32610111623231245
43413515831308330
54316920038385415
65120224246462500
76023628454539585
86827032661616670
97730336869693755
108533741077770840

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%17.00.01.094.4%17.00.01.094.4%17.00.01.094.4%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%

Fundamentals of Inhand

About Beijing InHand Networks Technology Co Ltd

Beijing InHand Networks Technology Co., Ltd. provides industrial Internet of things (IoT) systems and solutions. The company provides IoT software and services, edge and cellular routers, IoT edge gateway, vehicle networking, cellular modems, embedded box PC, and industrial switches. It offers IoT solutions for smart grid, industrial automation, business internet, transportation, healthcare, retail, smart, smart city, and energy sectors. The company was founded in 2001 and is based in Beijing, China.

Fundamental data was last updated by Penke on 2024-03-28 03:44:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Beijing InHand Networks Technology Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Inhand earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Inhand to the Information Technology Services industry mean.
  • A Net Profit Margin of 19.3% means that ¥0.19 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Beijing InHand Networks Technology Co Ltd:

  • The MRQ is 19.3%. The company is making a huge profit. +2
  • The TTM is 18.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ19.3%TTM18.7%+0.6%
TTM18.7%YOY13.9%+4.9%
TTM18.7%5Y16.6%+2.1%
5Y16.6%10Y16.6%0.0%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ19.3%3.7%+15.6%
TTM18.7%3.6%+15.1%
YOY13.9%3.4%+10.5%
5Y16.6%3.4%+13.2%
10Y16.6%3.3%+13.3%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Inhand to the Information Technology Services industry mean.
  • 2.2% Return on Assets means that Inhand generated ¥0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Beijing InHand Networks Technology Co Ltd:

  • The MRQ is 2.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.2%TTM2.3%-0.1%
TTM2.3%YOY1.8%+0.5%
TTM2.3%5Y2.5%-0.2%
5Y2.5%10Y2.5%0.0%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%1.3%+0.9%
TTM2.3%1.3%+1.0%
YOY1.8%1.3%+0.5%
5Y2.5%1.3%+1.2%
10Y2.5%1.3%+1.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Inhand to the Information Technology Services industry mean.
  • 2.5% Return on Equity means Inhand generated ¥0.03 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Beijing InHand Networks Technology Co Ltd:

  • The MRQ is 2.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.5%TTM2.6%-0.1%
TTM2.6%YOY2.0%+0.5%
TTM2.6%5Y3.0%-0.4%
5Y3.0%10Y3.0%0.0%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5%2.8%-0.3%
TTM2.6%2.7%-0.1%
YOY2.0%3.3%-1.3%
5Y3.0%3.2%-0.2%
10Y3.0%3.0%0.0%

1.2. Operating Efficiency of Beijing InHand Networks Technology Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Inhand is operating .

  • Measures how much profit Inhand 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 Inhand to the Information Technology Services 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 Beijing InHand Networks Technology Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM13.0%-13.0%
TTM13.0%YOY11.5%+1.5%
TTM13.0%5Y14.8%-1.8%
5Y14.8%10Y14.8%0.0%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.0%-7.0%
TTM13.0%4.0%+9.0%
YOY11.5%5.7%+5.8%
5Y14.8%5.1%+9.7%
10Y14.8%4.7%+10.1%
1.2.2. Operating Ratio

Measures how efficient Inhand is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • An Operation Ratio of 1.25 means that the operating costs are ¥1.25 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Beijing InHand Networks Technology Co Ltd:

  • The MRQ is 1.247. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.330. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.247TTM1.330-0.083
TTM1.330YOY1.404-0.075
TTM1.3305Y1.356-0.026
5Y1.35610Y1.3560.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2471.133+0.114
TTM1.3301.178+0.152
YOY1.4041.078+0.326
5Y1.3561.121+0.235
10Y1.3561.087+0.269

1.3. Liquidity of Beijing InHand Networks Technology Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Information Technology Services industry mean).
  • A Current Ratio of 7.30 means the company has ¥7.30 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Beijing InHand Networks Technology Co Ltd:

  • The MRQ is 7.299. The company is very able to pay all its short-term debts. +2
  • The TTM is 8.712. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ7.299TTM8.712-1.413
TTM8.712YOY7.776+0.935
TTM8.7125Y7.382+1.329
5Y7.38210Y7.3820.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2991.467+5.832
TTM8.7121.466+7.246
YOY7.7761.584+6.192
5Y7.3821.628+5.754
10Y7.3821.577+5.805
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Inhand to the Information Technology Services industry mean.
  • A Quick Ratio of 0.96 means the company can pay off ¥0.96 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Beijing InHand Networks Technology Co Ltd:

  • The MRQ is 0.959. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.332. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ0.959TTM1.332-0.373
TTM1.332YOY2.971-1.639
TTM1.3325Y2.562-1.231
5Y2.56210Y2.5620.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9591.002-0.043
TTM1.3321.010+0.322
YOY2.9711.161+1.810
5Y2.5621.194+1.368
10Y2.5621.162+1.400

1.4. Solvency of Beijing InHand Networks Technology Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Inhand to Information Technology Services industry mean.
  • A Debt to Asset Ratio of 0.13 means that Inhand assets are financed with 12.8% credit (debt) and the remaining percentage (100% - 12.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Beijing InHand Networks Technology Co Ltd:

  • The MRQ is 0.128. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.109. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.128TTM0.109+0.019
TTM0.109YOY0.118-0.009
TTM0.1095Y0.136-0.027
5Y0.13610Y0.1360.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1280.502-0.374
TTM0.1090.499-0.390
YOY0.1180.498-0.380
5Y0.1360.506-0.370
10Y0.1360.495-0.359
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Inhand to the Information Technology Services industry mean.
  • A Debt to Equity ratio of 14.7% means that company has ¥0.15 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Beijing InHand Networks Technology Co Ltd:

  • The MRQ is 0.147. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.123. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.147TTM0.123+0.024
TTM0.123YOY0.134-0.011
TTM0.1235Y0.161-0.038
5Y0.16110Y0.1610.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1470.938-0.791
TTM0.1230.984-0.861
YOY0.1340.972-0.838
5Y0.1611.046-0.885
10Y0.1611.057-0.896

2. Market Valuation of Beijing InHand Networks Technology 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 Inhand generates.

  • Above 15 is considered overpriced but always compare Inhand to the Information Technology Services industry mean.
  • A PE ratio of 33.06 means the investor is paying ¥33.06 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Beijing InHand Networks Technology Co Ltd:

  • The EOD is 28.847. Based on the earnings, the company is overpriced. -1
  • The MRQ is 33.058. Based on the earnings, the company is overpriced. -1
  • The TTM is 31.408. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD28.847MRQ33.058-4.210
MRQ33.058TTM31.408+1.649
TTM31.408YOY176.483-145.075
TTM31.4085Y536.155-504.747
5Y536.15510Y536.1550.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD28.84715.268+13.579
MRQ33.05812.943+20.115
TTM31.40814.770+16.638
YOY176.48317.385+159.098
5Y536.15518.091+518.064
10Y536.15520.242+515.913
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Beijing InHand Networks Technology Co Ltd:

  • The EOD is 18.472. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 21.168. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 24.343. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD18.472MRQ21.168-2.696
MRQ21.168TTM24.343-3.175
TTM24.343YOY8.892+15.451
TTM24.3435Y37.215-12.872
5Y37.21510Y37.2150.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD18.4726.559+11.913
MRQ21.1686.379+14.789
TTM24.3434.370+19.973
YOY8.8926.332+2.560
5Y37.2155.929+31.286
10Y37.2155.680+31.535
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • A PB ratio of 3.30 means the investor is paying ¥3.30 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Beijing InHand Networks Technology Co Ltd:

  • The EOD is 2.881. Based on the equity, the company is underpriced. +1
  • The MRQ is 3.302. Based on the equity, the company is fair priced.
  • The TTM is 4.103. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.881MRQ3.302-0.421
MRQ3.302TTM4.103-0.801
TTM4.103YOY5.246-1.143
TTM4.1035Y4.743-0.640
5Y4.74310Y4.7430.000
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD2.8812.403+0.478
MRQ3.3022.210+1.092
TTM4.1032.324+1.779
YOY5.2462.739+2.507
5Y4.7432.853+1.890
10Y4.7433.305+1.438
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Beijing InHand Networks Technology 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--0.3280.296+11%0.255+28%0.675-51%0.675-51%
Book Value Per Share--12.15111.611+5%10.500+16%9.080+34%9.080+34%
Current Ratio--7.2998.712-16%7.776-6%7.382-1%7.382-1%
Debt To Asset Ratio--0.1280.109+17%0.118+9%0.136-6%0.136-6%
Debt To Equity Ratio--0.1470.123+19%0.134+10%0.161-9%0.161-9%
Dividend Per Share--0.0000.075-100%0.100-100%0.067-100%0.067-100%
Eps--0.3030.395-23%0.216+41%0.273+11%0.273+11%
Free Cash Flow Per Share--0.4740.519-9%0.130+266%0.215+120%0.215+120%
Free Cash Flow To Equity Per Share--0.4740.435+9%0.166+185%0.400+19%0.400+19%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--19.816--------
Intrinsic Value_10Y_min--16.830--------
Intrinsic Value_1Y_max--1.190--------
Intrinsic Value_1Y_min--1.168--------
Intrinsic Value_3Y_max--4.182--------
Intrinsic Value_3Y_min--3.980--------
Intrinsic Value_5Y_max--7.905--------
Intrinsic Value_5Y_min--7.285--------
Market Cap2576788655.040-15%2952893062.6403494601919.738-16%4010363789.238-26%3411103968.136-13%3411103968.136-13%
Net Profit Margin--0.1930.187+3%0.139+39%0.166+16%0.166+16%
Operating Margin---0.130-100%0.115-100%0.148-100%0.148-100%
Operating Ratio--1.2471.330-6%1.404-11%1.356-8%1.356-8%
Pb Ratio2.881-15%3.3024.103-20%5.246-37%4.743-30%4.743-30%
Pe Ratio28.847-15%33.05831.408+5%176.483-81%536.155-94%536.155-94%
Price Per Share35.010-15%40.12047.480-16%54.488-26%46.346-13%46.346-13%
Price To Free Cash Flow Ratio18.472-15%21.16824.343-13%8.892+138%37.215-43%37.215-43%
Price To Total Gains Ratio106.786-15%122.372150.532-19%198.821-38%227.397-46%227.397-46%
Quick Ratio--0.9591.332-28%2.971-68%2.562-63%2.562-63%
Return On Assets--0.0220.023-5%0.018+22%0.025-13%0.025-13%
Return On Equity--0.0250.026-3%0.020+23%0.030-16%0.030-16%
Total Gains Per Share--0.3280.371-12%0.355-8%0.742-56%0.742-56%
Usd Book Value--123780065.609118270728.459+5%106953657.468+16%92488492.078+34%92488492.078+34%
Usd Book Value Change Per Share--0.0450.041+11%0.035+28%0.093-51%0.093-51%
Usd Book Value Per Share--1.6821.607+5%1.453+16%1.257+34%1.257+34%
Usd Dividend Per Share--0.0000.010-100%0.014-100%0.009-100%0.009-100%
Usd Eps--0.0420.055-23%0.030+41%0.038+11%0.038+11%
Usd Free Cash Flow--4826615.1875282703.804-9%1320445.776+266%2191956.722+120%2191956.722+120%
Usd Free Cash Flow Per Share--0.0660.072-9%0.018+266%0.030+120%0.030+120%
Usd Free Cash Flow To Equity Per Share--0.0660.060+9%0.023+185%0.055+19%0.055+19%
Usd Market Cap356627549.858-15%408680399.869483652905.692-16%555034348.430-26%472096789.190-13%472096789.190-13%
Usd Price Per Share4.845-15%5.5536.571-16%7.541-26%6.414-13%6.414-13%
Usd Profit--3090667.5743070329.168+1%2198851.666+41%2550537.085+21%2550537.085+21%
Usd Revenue--15976187.89015692511.169+2%13734911.369+16%13497782.194+18%13497782.194+18%
Usd Total Gains Per Share--0.0450.051-12%0.049-8%0.103-56%0.103-56%
 EOD+4 -4MRQTTM+14 -21YOY+21 -145Y+20 -1510Y+20 -15

3.2. Fundamental Score

Let's check the fundamental score of Beijing InHand Networks Technology Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1528.847
Price to Book Ratio (EOD)Between0-12.881
Net Profit Margin (MRQ)Greater than00.193
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.959
Current Ratio (MRQ)Greater than17.299
Debt to Asset Ratio (MRQ)Less than10.128
Debt to Equity Ratio (MRQ)Less than10.147
Return on Equity (MRQ)Greater than0.150.025
Return on Assets (MRQ)Greater than0.050.022
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Beijing InHand Networks Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.444
Ma 20Greater thanMa 5035.174
Ma 50Greater thanMa 10033.757
Ma 100Greater thanMa 20036.634
OpenGreater thanClose34.350
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  2901,9522,242-1,6026391,4592,098-6,407-4,308



Latest Balance Sheet

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

Summary
Total Assets1,025,275
Total Liabilities130,910
Total Stockholder Equity893,240
 As reported
Total Liabilities 130,910
Total Stockholder Equity+ 893,240
Total Assets = 1,025,275

Assets

Total Assets1,025,275
Total Current Assets903,018
Long-term Assets122,257
Total Current Assets
Cash And Cash Equivalents 666,199
Net Receivables 118,613
Inventory 90,943
Other Current Assets 1,202
Total Current Assets  (as reported)903,018
Total Current Assets  (calculated)876,956
+/- 26,062
Long-term Assets
Property Plant Equipment 57,321
Intangible Assets 8,542
Long-term Assets  (as reported)122,257
Long-term Assets  (calculated)65,863
+/- 56,394

Liabilities & Shareholders' Equity

Total Current Liabilities123,720
Long-term Liabilities7,191
Total Stockholder Equity893,240
Total Current Liabilities
Short Long Term Debt 4,546
Accounts payable 71,697
Other Current Liabilities 7,257
Total Current Liabilities  (as reported)123,720
Total Current Liabilities  (calculated)83,501
+/- 40,219
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt5,539
Long-term Liabilities  (as reported)7,191
Long-term Liabilities  (calculated)5,539
+/- 1,652
Total Stockholder Equity
Retained Earnings 394,346
Total Stockholder Equity (as reported)893,240
Total Stockholder Equity (calculated)394,346
+/- 498,894
Other
Capital Stock73,602
Common Stock Shares Outstanding 73,602
Net Invested Capital 897,787
Net Working Capital 779,298
Property Plant and Equipment Gross 57,321



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-30
> Total Assets 
355,952
380,311
379,313
676,103
730,244
721,519
744,090
764,734
842,337
882,572
865,695
837,598
899,787
900,584
902,086
924,501
988,022
1,025,275
1,025,275988,022924,501902,086900,584899,787837,598865,695882,572842,337764,734744,090721,519730,244676,103379,313380,311355,952
   > Total Current Assets 
321,102
341,676
332,972
629,599
679,406
658,428
676,674
692,567
770,937
788,729
766,204
737,247
799,712
796,175
796,797
818,666
871,789
903,018
903,018871,789818,666796,797796,175799,712737,247766,204788,729770,937692,567676,674658,428679,406629,599332,972341,676321,102
       Cash And Cash Equivalents 
99,599
90,818
122,783
264,346
203,480
207,889
473,210
221,299
463,558
267,958
494,653
186,329
495,760
317,836
554,895
581,117
635,499
666,199
666,199635,499581,117554,895317,836495,760186,329494,653267,958463,558221,299473,210207,889203,480264,346122,78390,81899,599
       Short-term Investments 
0
0
0
171,000
222,000
236,000
0
258,000
0
201,000
0
300,000
0
203,000
0
0
0
0
0000203,0000300,0000201,0000258,0000236,000222,000171,000000
       Net Receivables 
120,012
135,548
119,597
125,813
161,000
129,103
137,940
105,766
175,116
175,915
157,893
125,909
184,046
148,325
127,794
124,117
143,147
118,613
118,613143,147124,117127,794148,325184,046125,909157,893175,915175,116105,766137,940129,103161,000125,813119,597135,548120,012
       Inventory 
65,802
76,388
53,392
58,133
79,739
73,390
61,438
94,156
126,912
128,424
104,968
111,041
114,499
114,552
92,253
93,822
89,361
90,943
90,94389,36193,82292,253114,552114,499111,041104,968128,424126,91294,15661,43873,39079,73958,13353,39276,38865,802
       Other Current Assets 
10,888
12,969
6,025
10,306
13,187
12,047
4,085
13,346
5,351
15,432
8,690
13,968
5,406
12,462
7,162
5,604
3,782
1,202
1,2023,7825,6047,16212,4625,40613,9688,69015,4325,35113,3464,08512,04713,18710,3066,02512,96910,888
   > Long-term Assets 
34,850
38,635
46,341
46,503
50,839
63,091
67,417
72,167
71,401
93,842
99,491
100,351
100,076
104,409
105,289
105,835
116,234
122,257
122,257116,234105,835105,289104,409100,076100,35199,49193,84271,40172,16767,41763,09150,83946,50346,34138,63534,850
       Property Plant Equipment 
0
31,581
31,581
32,257
36,904
47,306
49,991
54,285
53,709
52,237
52,799
51,026
50,429
53,219
51,977
50,271
56,591
57,321
57,32156,59150,27151,97753,21950,42951,02652,79952,23753,70954,28549,99147,30636,90432,25731,58131,5810
       Intangible Assets 
237
9,125
9,463
9,380
516
9,282
9,205
9,478
9,373
9,276
9,195
9,135
9,052
8,969
8,792
8,709
8,625
8,542
8,5428,6258,7098,7928,9699,0529,1359,1959,2769,3739,4789,2059,2825169,3809,4639,125237
       Other Assets 
0
3,273
3,273
2,831
3,262
3,185
4,960
5,184
5,169
3,705
6,322
6,432
4,800
5,550
0
0
6,934
0
06,934005,5504,8006,4326,3223,7055,1695,1844,9603,1853,2622,8313,2733,2730
> Total Liabilities 
76,341
81,549
69,319
47,826
93,619
75,228
91,995
109,222
162,179
150,422
118,392
86,119
114,736
93,271
79,885
93,084
117,775
130,910
130,910117,77593,08479,88593,271114,73686,119118,392150,422162,179109,22291,99575,22893,61947,82669,31981,54976,341
   > Total Current Liabilities 
75,941
81,149
68,919
47,426
93,219
74,828
91,595
104,086
157,730
146,859
117,129
84,977
113,633
89,972
76,661
89,523
108,855
123,720
123,720108,85589,52376,66189,972113,63384,977117,129146,859157,730104,08691,59574,82893,21947,42668,91981,14975,941
       Short Long Term Debt 
0
2,000
0
0
0
0
0
0
0
0
2,488
1,769
1,221
3,092
2,803
2,554
3,993
4,546
4,5463,9932,5542,8033,0921,2211,7692,488000000002,0000
       Accounts payable 
57,309
47,894
37,159
26,780
67,637
41,066
54,348
67,867
109,150
103,570
68,563
51,847
75,433
50,657
36,466
52,672
66,282
71,697
71,69766,28252,67236,46650,65775,43351,84768,563103,570109,15067,86754,34841,06667,63726,78037,15947,89457,309
       Other Current Liabilities 
3,516
6,280
6,682
16,832
20,489
29,679
23,567
31,358
41,464
38,808
28,995
25,804
29,228
30,280
6,048
4,941
29,944
7,257
7,25729,9444,9416,04830,28029,22825,80428,99538,80841,46431,35823,56729,67920,48916,8326,6826,2803,516
   > Long-term Liabilities 
400
400
400
400
400
400
400
5,135
4,449
3,563
1,263
1,142
1,103
3,300
3,224
3,562
8,920
7,191
7,1918,9203,5623,2243,3001,1031,1421,2633,5634,4495,135400400400400400400400
       Other Liabilities 
0
400
400
400
400
400
400
400
0
0
0
0
0
0
0
0
1,857
0
01,857000000004004004004004004004000
       Deferred Long Term Liability 
0
0
0
31
0
0
0
0
0
0
418
382
347
401
0
0
313
0
03130040134738241800000031000
> Total Stockholder Equity
278,516
297,767
309,482
627,949
635,781
645,378
650,276
652,998
675,354
727,641
746,595
750,760
784,320
806,566
821,440
830,710
868,985
893,240
893,240868,985830,710821,440806,566784,320750,760746,595727,641675,354652,998650,276645,378635,781627,949309,482297,767278,516
   Common Stock
0
39,322
39,322
52,429
52,429
52,429
52,429
52,429
52,429
52,429
52,429
52,429
52,429
52,573
0
0
73,602
0
073,6020052,57352,42952,42952,42952,42952,42952,42952,42952,42952,42952,42939,32239,3220
   Retained Earnings 
132,807
151,733
160,229
175,433
187,449
198,538
205,189
207,649
230,488
280,497
296,097
298,062
326,908
339,269
332,821
342,148
398,301
394,346
394,346398,301342,148332,821339,269326,908298,062296,097280,497230,488207,649205,189198,538187,449175,433160,229151,733132,807
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
831
831
1,249
1,216
-275
-2,029
-1,767
-2,250
-1,975
-3,194
-3,360
556
4,492
0
0
5,478
0
05,478004,492556-3,360-3,194-1,975-2,250-1,767-2,029-2751,2161,2498318310



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 (+$)
totalRevenue453,541
Cost of Revenue-224,857
Gross Profit228,683228,683
 
Operating Income (+$)
Gross Profit228,683
Operating Expense-374,407
Operating Income79,134-145,724
 
Operating Expense (+$)
Research Development58,901
Selling General Administrative82,591
Selling And Marketing Expenses-
Operating Expense374,407141,492
 
Net Interest Income (+$)
Interest Income608
Interest Expense-230
Other Finance Cost-4,927
Net Interest Income-4,549
 
Pretax Income (+$)
Operating Income79,134
Net Interest Income-4,549
Other Non-Operating Income Expenses-
Income Before Tax (EBT)95,46379,134
EBIT - interestExpense = -230
88,738
88,968
Interest Expense230
Earnings Before Interest and Taxes (EBIT)-95,692
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax95,463
Tax Provision-7,148
Net Income From Continuing Ops88,31588,315
Net Income88,738
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-4,549
 

Technical Analysis of Inhand
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 Inhand. The general trend of Inhand is BEARISH with 57.1% 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 Inhand'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 (-57.1%) Bearish trend (57.1%)
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 Beijing InHand Networks Technology 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: 37.90 < 40.10 < 40.84.

The bearish price targets are: 21.44.

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Beijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

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

Beijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd. The current macd is 0.20837013.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Inhand price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Inhand. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Inhand price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Beijing InHand Networks Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartBeijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd. The current adx is 19.92.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Inhand shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Beijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd. The current sar is 36.91.

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
Beijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd. The current rsi is 51.44. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Beijing InHand Networks Technology Co Ltd Daily Relative Strength Index (RSI) ChartBeijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Inhand price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Beijing InHand Networks Technology Co Ltd Daily Stochastic Oscillator ChartBeijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd. The current cci is -51.50579496.

Beijing InHand Networks Technology Co Ltd Daily Commodity Channel Index (CCI) ChartBeijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd. The current cmo is 2.46300882.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Beijing InHand Networks Technology Co Ltd Daily Chande Momentum Oscillator (CMO) ChartBeijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd. The current willr is -49.57118353.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Inhand is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Beijing InHand Networks Technology Co Ltd Daily Williams %R ChartBeijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd.

Beijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd. The current atr is 1.78941685.

Beijing InHand Networks Technology Co Ltd Daily Average True Range (ATR) ChartBeijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd. The current obv is 17,695,861.

Beijing InHand Networks Technology Co Ltd Daily On-Balance Volume (OBV) ChartBeijing InHand Networks Technology 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 Beijing InHand Networks Technology Co Ltd. The current mfi is 55.07.

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

  • MFI > 50: +1
Beijing InHand Networks Technology Co Ltd Daily Money Flow Index (MFI) ChartBeijing InHand Networks Technology Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Beijing InHand Networks Technology 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.
STOCH SHORT EXITThe %K line crosses above the %D 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.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-25STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Beijing InHand Networks Technology Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Beijing InHand Networks Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.444
Ma 20Greater thanMa 5035.174
Ma 50Greater thanMa 10033.757
Ma 100Greater thanMa 20036.634
OpenGreater thanClose34.350
Total2/5 (40.0%)
Penke

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