25 XP   0   0   10

Ningbo Solartron Technology Co Ltd
Buy, Hold or Sell?

Let's analyse Ningbo Solartron Technology Co Ltd together

PenkeI guess you are interested in Ningbo Solartron 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 Ningbo Solartron 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.

Get notifications about Ningbo Solartron Technology Co Ltd

I send you an email if I find something interesting about Ningbo Solartron Technology Co Ltd.

Quick analysis of Ningbo Solartron Technology Co Ltd (30 sec.)










What can you expect buying and holding a share of Ningbo Solartron Technology Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.01
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥7.28
Expected worth in 1 year
¥7.46
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
¥0.26
Return On Investment
2.3%

For what price can you sell your share?

Current Price per Share
¥11.13
Expected price per share
¥7.3 - ¥15.15
How sure are you?
50%

1. Valuation of Ningbo Solartron Technology Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥11.13

Intrinsic Value Per Share

¥-32.67 - ¥-38.98

Total Value Per Share

¥-25.40 - ¥-31.70

2. Growth of Ningbo Solartron Technology Co Ltd (5 min.)




Is Ningbo Solartron Technology Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$292.5m$279.9m$10.2m3.5%

How much money is Ningbo Solartron Technology Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$2.6m$5.2m-$2.6m-97.7%
Net Profit Margin6.5%13.0%--

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

3. Financial Health of Ningbo Solartron Technology Co Ltd (5 min.)




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




  Industry Rankings (Specialty Chemicals)  


Richest
#220 / 565

Most Revenue
#371 / 565

Most Profit
#300 / 565

Most Efficient
#195 / 565

What can you expect buying and holding a share of Ningbo Solartron Technology Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Ningbo Solartron Technology Co Ltd?

First you should know what it really means to hold a share of Ningbo Solartron Technology Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Ningbo Solartron Technology Co Ltd is ¥11.13. 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 Ningbo Solartron Technology Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Ningbo Solartron Technology Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥7.28. Based on the TTM, the Book Value Change Per Share is ¥0.05 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.14 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 ¥0.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ningbo Solartron Technology Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.010.1%0.010.1%0.020.2%0.020.2%0.020.2%
Usd Book Value Change Per Share0.000.0%0.010.1%0.020.2%0.060.6%0.060.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.010.1%0.010.1%0.020.2%0.070.6%0.070.6%
Usd Price Per Share2.01-2.20-2.98-3.00-3.00-
Price to Earnings Ratio74.76-183.76-41.25-75.97-75.97-
Price-to-Total Gains Ratio340.71-270.71-418.04-235.24-235.24-
Price to Book Ratio2.00-2.20-3.11-3.39-3.39-
Price-to-Total Gains Ratio340.71-270.71-418.04-235.24-235.24-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.540392
Number of shares649
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.06
Usd Total Gains Per Share0.010.07
Gains per Quarter (649 shares)5.7943.53
Gains per Year (649 shares)23.17174.14
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
17171311163164
213333622327338
320505932490512
427668243654686
5338310554817860
64099128659801034
7471161517511441208
8531321748613071382
9601491979714701556
106716522010816341730

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%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%15.01.00.093.8%15.01.00.093.8%15.01.00.093.8%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%16.00.00.0100.0%

Fundamentals of Ningbo Solartron Technology Co Ltd

About Ningbo Solartron Technology Co Ltd

Ningbo Solartron Technology Co.,Ltd. researches, develops, produces, and sells functional films in China and internationally. It offers reflective; backplane base; optical base; and other functional films, such as diffusion, brightness enhancement, temperature resistant self-release, and microfoam white film for use in liquid crystal display, semiconductor lighting, new energy, semiconductor flexible circuit board, and other fields. The company also provides li-ion battery separator. Ningbo Solartron Technology Co.,Ltd. was founded in 2010 and is headquartered in Ningbo, China.

Fundamental data was last updated by Penke on 2024-03-28 04:07:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient 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 able to pay all its short-term debts.
The company is very 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 expensive.

1.1. Profitability of Ningbo Solartron Technology Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ningbo Solartron Technology Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Ningbo Solartron Technology Co Ltd to the Specialty Chemicals industry mean.
  • A Net Profit Margin of 3.9% means that ¥0.04 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ningbo Solartron Technology Co Ltd:

  • The MRQ is 3.9%. The company is making a profit. +1
  • The TTM is 6.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.9%TTM6.5%-2.6%
TTM6.5%YOY13.0%-6.5%
TTM6.5%5Y13.1%-6.6%
5Y13.1%10Y13.1%0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ3.9%4.2%-0.3%
TTM6.5%4.2%+2.3%
YOY13.0%6.5%+6.5%
5Y13.1%6.0%+7.1%
10Y13.1%6.0%+7.1%
1.1.2. Return on Assets

Shows how efficient Ningbo Solartron Technology Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ningbo Solartron Technology Co Ltd to the Specialty Chemicals industry mean.
  • 0.4% Return on Assets means that Ningbo Solartron Technology Co Ltd generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ningbo Solartron Technology Co Ltd:

  • The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.6%-0.2%
TTM0.6%YOY1.5%-0.9%
TTM0.6%5Y1.6%-1.0%
5Y1.6%10Y1.6%0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%1.1%-0.7%
TTM0.6%1.1%-0.5%
YOY1.5%1.7%-0.2%
5Y1.6%1.6%0.0%
10Y1.6%1.7%-0.1%
1.1.3. Return on Equity

Shows how efficient Ningbo Solartron Technology Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ningbo Solartron Technology Co Ltd to the Specialty Chemicals industry mean.
  • 0.7% Return on Equity means Ningbo Solartron Technology Co Ltd generated ¥0.01 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ningbo Solartron Technology Co Ltd:

  • The MRQ is 0.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM0.9%-0.2%
TTM0.9%YOY1.9%-1.0%
TTM0.9%5Y2.0%-1.1%
5Y2.0%10Y2.0%0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%2.2%-1.5%
TTM0.9%2.0%-1.1%
YOY1.9%3.2%-1.3%
5Y2.0%2.8%-0.8%
10Y2.0%2.8%-0.8%

1.2. Operating Efficiency of Ningbo Solartron Technology Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ningbo Solartron Technology Co Ltd is operating .

  • Measures how much profit Ningbo Solartron Technology Co Ltd makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Ningbo Solartron Technology Co Ltd to the Specialty Chemicals 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 Ningbo Solartron Technology Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM6.9%-6.9%
TTM6.9%YOY9.9%-3.0%
TTM6.9%5Y13.1%-6.2%
5Y13.1%10Y13.1%0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.5%-7.5%
TTM6.9%4.9%+2.0%
YOY9.9%8.3%+1.6%
5Y13.1%8.1%+5.0%
10Y13.1%7.3%+5.8%
1.2.2. Operating Ratio

Measures how efficient Ningbo Solartron Technology Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 1.64 means that the operating costs are ¥1.64 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Ningbo Solartron Technology Co Ltd:

  • The MRQ is 1.638. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.646. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.638TTM1.646-0.008
TTM1.646YOY1.618+0.028
TTM1.6465Y1.546+0.100
5Y1.54610Y1.5460.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6381.529+0.109
TTM1.6461.530+0.116
YOY1.6181.459+0.159
5Y1.5461.459+0.087
10Y1.5461.228+0.318

1.3. Liquidity of Ningbo Solartron Technology Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ningbo Solartron Technology Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 2.28 means the company has ¥2.28 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Ningbo Solartron Technology Co Ltd:

  • The MRQ is 2.279. The company is able to pay all its short-term debts. +1
  • The TTM is 2.805. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.279TTM2.805-0.526
TTM2.805YOY2.997-0.192
TTM2.8055Y3.254-0.449
5Y3.25410Y3.2540.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2791.831+0.448
TTM2.8051.875+0.930
YOY2.9971.896+1.101
5Y3.2541.926+1.328
10Y3.2541.762+1.492
1.3.2. Quick Ratio

Measures if Ningbo Solartron Technology Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Ningbo Solartron Technology Co Ltd to the Specialty Chemicals industry mean.
  • A Quick Ratio of 1.07 means the company can pay off ¥1.07 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ningbo Solartron Technology Co Ltd:

  • The MRQ is 1.067. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.520. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.067TTM1.520-0.454
TTM1.520YOY1.484+0.036
TTM1.5205Y1.936-0.415
5Y1.93610Y1.9360.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0670.846+0.221
TTM1.5200.884+0.636
YOY1.4840.966+0.518
5Y1.9361.049+0.887
10Y1.9361.030+0.906

1.4. Solvency of Ningbo Solartron Technology Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ningbo Solartron Technology Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ningbo Solartron Technology Co Ltd to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.36 means that Ningbo Solartron Technology Co Ltd assets are financed with 36.1% credit (debt) and the remaining percentage (100% - 36.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ningbo Solartron Technology Co Ltd:

  • The MRQ is 0.361. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.289. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.361TTM0.289+0.071
TTM0.289YOY0.205+0.084
TTM0.2895Y0.224+0.066
5Y0.22410Y0.2240.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3610.431-0.070
TTM0.2890.427-0.138
YOY0.2050.426-0.221
5Y0.2240.433-0.209
10Y0.2240.439-0.215
1.4.2. Debt to Equity Ratio

Measures if Ningbo Solartron Technology Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ningbo Solartron Technology Co Ltd to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 56.4% means that company has ¥0.56 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ningbo Solartron Technology Co Ltd:

  • The MRQ is 0.564. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.415. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.564TTM0.415+0.149
TTM0.415YOY0.259+0.156
TTM0.4155Y0.294+0.122
5Y0.29410Y0.2940.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5640.767-0.203
TTM0.4150.752-0.337
YOY0.2590.747-0.488
5Y0.2940.797-0.503
10Y0.2940.845-0.551

2. Market Valuation of Ningbo Solartron 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 Ningbo Solartron Technology Co Ltd generates.

  • Above 15 is considered overpriced but always compare Ningbo Solartron Technology Co Ltd to the Specialty Chemicals industry mean.
  • A PE ratio of 74.76 means the investor is paying ¥74.76 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ningbo Solartron Technology Co Ltd:

  • The EOD is 57.263. Based on the earnings, the company is expensive. -2
  • The MRQ is 74.756. Based on the earnings, the company is expensive. -2
  • The TTM is 183.763. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD57.263MRQ74.756-17.493
MRQ74.756TTM183.763-109.007
TTM183.763YOY41.249+142.514
TTM183.7635Y75.973+107.790
5Y75.97310Y75.9730.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD57.26315.198+42.065
MRQ74.75613.988+60.768
TTM183.76315.705+168.058
YOY41.24917.841+23.408
5Y75.97319.498+56.475
10Y75.97323.951+52.022
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ningbo Solartron Technology Co Ltd:

  • The EOD is -6.596. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -8.611. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -13.639. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.596MRQ-8.611+2.015
MRQ-8.611TTM-13.639+5.028
TTM-13.639YOY-43.126+29.487
TTM-13.6395Y-92.154+78.515
5Y-92.15410Y-92.1540.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-6.5964.953-11.549
MRQ-8.6114.382-12.993
TTM-13.6392.275-15.914
YOY-43.126-0.150-42.976
5Y-92.1543.098-95.252
10Y-92.1542.609-94.763
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ningbo Solartron Technology Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 2.00 means the investor is paying ¥2.00 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Ningbo Solartron Technology Co Ltd:

  • The EOD is 1.530. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.997. Based on the equity, the company is underpriced. +1
  • The TTM is 2.199. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.530MRQ1.997-0.467
MRQ1.997TTM2.199-0.202
TTM2.199YOY3.106-0.907
TTM2.1995Y3.389-1.190
5Y3.38910Y3.3890.000
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD1.5301.735-0.205
MRQ1.9971.781+0.216
TTM2.1991.854+0.345
YOY3.1062.306+0.800
5Y3.3892.348+1.041
10Y3.3892.842+0.547
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ningbo Solartron 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--0.0310.046-33%0.138-78%0.455-93%0.455-93%
Book Value Per Share--7.2767.218+1%6.963+4%6.534+11%6.534+11%
Current Ratio--2.2792.805-19%2.997-24%3.254-30%3.254-30%
Debt To Asset Ratio--0.3610.289+25%0.205+76%0.224+61%0.224+61%
Debt To Equity Ratio--0.5640.415+36%0.259+118%0.294+92%0.294+92%
Dividend Per Share--0.0120.019-36%0.026-54%0.030-60%0.030-60%
Eps--0.0490.066-27%0.131-63%0.129-62%0.129-62%
Free Cash Flow Per Share---0.422-0.372-12%-0.280-34%-0.154-63%-0.154-63%
Free Cash Flow To Equity Per Share---0.4220.010-4382%-0.265-37%-0.099-77%-0.099-77%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---38.976--------
Intrinsic Value_10Y_min---32.671--------
Intrinsic Value_1Y_max---1.327--------
Intrinsic Value_1Y_min---1.302--------
Intrinsic Value_3Y_max---5.952--------
Intrinsic Value_3Y_min---5.643--------
Intrinsic Value_5Y_max---12.947--------
Intrinsic Value_5Y_min---11.848--------
Market Cap3233231520.960-31%4220921293.7604610187263.040-8%6260210177.600-33%6306145014.460-33%6306145014.460-33%
Net Profit Margin--0.0390.065-40%0.130-70%0.131-70%0.131-70%
Operating Margin---0.069-100%0.099-100%0.131-100%0.131-100%
Operating Ratio--1.6381.6460%1.618+1%1.546+6%1.546+6%
Pb Ratio1.530-31%1.9972.199-9%3.106-36%3.389-41%3.389-41%
Pe Ratio57.263-31%74.756183.763-59%41.249+81%75.973-2%75.973-2%
Price Per Share11.130-31%14.53015.870-8%21.550-33%21.708-33%21.708-33%
Price To Free Cash Flow Ratio-6.596+23%-8.611-13.639+58%-43.126+401%-92.154+970%-92.154+970%
Price To Total Gains Ratio260.987-31%340.714270.707+26%418.037-18%235.242+45%235.242+45%
Quick Ratio--1.0671.520-30%1.484-28%1.936-45%1.936-45%
Return On Assets--0.0040.006-33%0.015-71%0.016-73%0.016-73%
Return On Equity--0.0070.009-27%0.019-65%0.020-67%0.020-67%
Total Gains Per Share--0.0430.064-34%0.164-74%0.485-91%0.485-91%
Usd Book Value--292512138.288290207754.924+1%279931497.368+4%262710120.042+11%262710120.042+11%
Usd Book Value Change Per Share--0.0040.006-33%0.019-78%0.063-93%0.063-93%
Usd Book Value Per Share--1.0070.999+1%0.964+4%0.904+11%0.904+11%
Usd Dividend Per Share--0.0020.003-36%0.004-54%0.004-60%0.004-60%
Usd Eps--0.0070.009-27%0.018-63%0.018-62%0.018-62%
Usd Free Cash Flow---16960513.731-14952171.880-12%-11241811.691-34%-6207281.495-63%-6207281.495-63%
Usd Free Cash Flow Per Share---0.058-0.051-12%-0.039-34%-0.021-63%-0.021-63%
Usd Free Cash Flow To Equity Per Share---0.0580.001-4382%-0.037-37%-0.014-77%-0.014-77%
Usd Market Cap447479242.501-31%584175507.056638049917.205-8%866413088.580-33%872770470.001-33%872770470.001-33%
Usd Price Per Share1.540-31%2.0112.196-8%2.983-33%3.004-33%3.004-33%
Usd Profit--1953602.9012660906.402-27%5261858.548-63%5168281.806-62%5168281.806-62%
Usd Revenue--50315177.93842676545.260+18%41190927.481+22%40660324.653+24%40660324.653+24%
Usd Total Gains Per Share--0.0060.009-34%0.023-74%0.067-91%0.067-91%
 EOD+3 -5MRQTTM+9 -26YOY+6 -295Y+8 -2710Y+8 -27

3.2. Fundamental Score

Let's check the fundamental score of Ningbo Solartron Technology Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1557.263
Price to Book Ratio (EOD)Between0-11.530
Net Profit Margin (MRQ)Greater than00.039
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.067
Current Ratio (MRQ)Greater than12.279
Debt to Asset Ratio (MRQ)Less than10.361
Debt to Equity Ratio (MRQ)Less than10.564
Return on Equity (MRQ)Greater than0.150.007
Return on Assets (MRQ)Greater than0.050.004
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Ningbo Solartron Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.946
Ma 20Greater thanMa 5010.487
Ma 50Greater thanMa 10010.427
Ma 100Greater thanMa 20012.243
OpenGreater thanClose10.730
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  6634,2614,924-3,6651,2592,0953,354-8,764-5,410



Latest Balance Sheet

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

Summary
Total Assets3,305,675
Total Liabilities1,192,148
Total Stockholder Equity2,113,527
 As reported
Total Liabilities 1,192,148
Total Stockholder Equity+ 2,113,527
Total Assets = 3,305,675

Assets

Total Assets3,305,675
Total Current Assets1,413,956
Long-term Assets1,891,719
Total Current Assets
Cash And Cash Equivalents 256,796
Short-term Investments 180,000
Net Receivables 481,686
Inventory 268,487
Other Current Assets 25,745
Total Current Assets  (as reported)1,413,956
Total Current Assets  (calculated)1,212,715
+/- 201,242
Long-term Assets
Property Plant Equipment 1,437,870
Intangible Assets 166,988
Long-term Assets Other 253,070
Long-term Assets  (as reported)1,891,719
Long-term Assets  (calculated)1,857,929
+/- 33,790

Liabilities & Shareholders' Equity

Total Current Liabilities620,373
Long-term Liabilities571,775
Total Stockholder Equity2,113,527
Total Current Liabilities
Short Long Term Debt 89,570
Accounts payable 446,170
Other Current Liabilities 42,969
Total Current Liabilities  (as reported)620,373
Total Current Liabilities  (calculated)578,708
+/- 41,665
Long-term Liabilities
Long term Debt 472,966
Long-term Liabilities  (as reported)571,775
Long-term Liabilities  (calculated)472,966
+/- 98,809
Total Stockholder Equity
Retained Earnings 639,451
Total Stockholder Equity (as reported)2,113,527
Total Stockholder Equity (calculated)639,451
+/- 1,474,076
Other
Capital Stock286,834
Common Stock Shares Outstanding 286,834
Net Debt 305,740
Net Invested Capital 2,676,063
Net Working Capital 793,583
Property Plant and Equipment Gross 1,437,870



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-31
> Total Assets 
2,055,506
2,051,516
2,062,834
2,132,315
2,181,808
2,229,588
2,255,062
2,390,979
2,486,505
2,596,130
2,592,254
2,510,775
2,701,340
2,755,816
3,114,019
3,305,675
3,305,6753,114,0192,755,8162,701,3402,510,7752,592,2542,596,1302,486,5052,390,9792,255,0622,229,5882,181,8082,132,3152,062,8342,051,5162,055,506
   > Total Current Assets 
1,336,257
1,337,381
1,334,421
1,386,320
1,302,184
1,292,509
1,308,069
1,400,942
1,426,531
1,352,403
1,280,339
1,127,880
1,185,623
1,125,123
1,309,777
1,413,956
1,413,9561,309,7771,125,1231,185,6231,127,8801,280,3391,352,4031,426,5311,400,9421,308,0691,292,5091,302,1841,386,3201,334,4211,337,3811,336,257
       Cash And Cash Equivalents 
223,223
198,597
226,413
427,757
330,035
353,135
406,332
347,937
518,443
435,102
332,392
238,334
376,489
217,241
254,424
256,796
256,796254,424217,241376,489238,334332,392435,102518,443347,937406,332353,135330,035427,757226,413198,597223,223
       Short-term Investments 
605,000
595,000
575,000
365,252
400,000
335,000
270,992
325,319
200,364
170,275
181,990
102,783
50,000
150,000
230,000
180,000
180,000230,000150,00050,000102,783181,990170,275200,364325,319270,992335,000400,000365,252575,000595,000605,000
       Net Receivables 
411,771
401,581
411,485
469,456
464,657
446,342
440,818
489,346
514,449
486,699
425,529
476,705
511,790
530,036
561,410
481,686
481,686561,410530,036511,790476,705425,529486,699514,449489,346440,818446,342464,657469,456411,485401,581411,771
       Inventory 
84,642
102,308
99,955
94,125
87,717
110,668
160,033
189,239
168,206
218,589
292,660
273,824
212,517
176,265
233,706
268,487
268,487233,706176,265212,517273,824292,660218,589168,206189,239160,033110,66887,71794,12599,955102,30884,642
       Other Current Assets 
11,621
39,894
21,568
29,728
19,776
47,364
29,894
49,100
25,070
41,738
47,767
36,232
34,827
51,581
30,237
25,745
25,74530,23751,58134,82736,23247,76741,73825,07049,10029,89447,36419,77629,72821,56839,89411,621
   > Long-term Assets 
719,249
714,135
728,412
745,996
879,624
937,079
946,992
990,037
1,059,973
1,243,728
1,311,915
1,382,895
1,515,718
1,630,694
1,804,241
1,891,719
1,891,7191,804,2411,630,6941,515,7181,382,8951,311,9151,243,7281,059,973990,037946,992937,079879,624745,996728,412714,135719,249
       Property Plant Equipment 
588,056
588,398
595,544
595,105
661,587
695,871
751,446
792,343
833,391
882,203
933,532
966,988
1,119,021
1,201,680
1,399,535
1,437,870
1,437,8701,399,5351,201,6801,119,021966,988933,532882,203833,391792,343751,446695,871661,587595,105595,544588,398588,056
       Intangible Assets 
85,519
84,714
83,925
83,172
137,952
136,784
135,571
134,353
133,164
175,329
174,046
173,190
171,651
170,185
168,457
166,988
166,988168,457170,185171,651173,190174,046175,329133,164134,353135,571136,784137,95283,17283,92584,71485,519
       Other Assets 
45,674
41,024
48,943
67,719
80,084
104,425
59,976
63,341
93,419
181,696
199,873
238,297
221,374
255,330
226,227
0
0226,227255,330221,374238,297199,873181,69693,41963,34159,976104,42580,08467,71948,94341,02445,674
> Total Liabilities 
443,413
404,091
418,815
430,252
432,110
426,014
420,784
491,029
498,619
576,695
569,214
450,631
628,779
658,987
1,009,429
1,192,148
1,192,1481,009,429658,987628,779450,631569,214576,695498,619491,029420,784426,014432,110430,252418,815404,091443,413
   > Total Current Liabilities 
379,467
340,912
356,902
365,296
372,221
367,136
362,917
430,673
426,551
505,964
479,804
341,522
399,143
321,634
529,872
620,373
620,373529,872321,634399,143341,522479,804505,964426,551430,673362,917367,136372,221365,296356,902340,912379,467
       Short Long Term Debt 
107,458
80,000
100,115
30,000
20,024
20,024
0
0
50,049
50,165
50,044
0
30,025
80,068
117,591
89,570
89,570117,59180,06830,025050,04450,16550,0490020,02420,02430,000100,11580,000107,458
       Accounts payable 
188,982
177,012
168,762
238,064
241,285
253,934
277,655
312,002
273,336
340,581
326,304
256,761
274,896
179,729
338,948
446,170
446,170338,948179,729274,896256,761326,304340,581273,336312,002277,655253,934241,285238,064168,762177,012188,982
       Other Current Liabilities 
61,706
76,228
74,480
81,249
81,266
83,697
70,234
102,099
81,220
103,761
87,794
69,263
70,909
51,590
51,439
42,969
42,96951,43951,59070,90969,26387,794103,76181,220102,09970,23483,69781,26681,24974,48076,22861,706
   > Long-term Liabilities 
63,946
63,179
61,914
64,956
59,889
58,878
57,867
60,356
72,067
70,731
89,410
109,108
229,636
337,353
479,558
571,775
571,775479,558337,353229,636109,10889,41070,73172,06760,35657,86758,87859,88964,95661,91463,17963,946
       Other Liabilities 
63,946
63,179
61,914
64,956
59,889
58,878
57,867
60,356
72,067
70,731
69,395
68,059
83,322
96,948
100,350
0
0100,35096,94883,32268,05969,39570,73172,06760,35657,86758,87859,88964,95661,91463,17963,946
> Total Stockholder Equity
1,612,093
1,647,425
1,644,018
1,702,063
1,749,698
1,803,574
1,834,277
1,899,949
1,987,886
2,019,435
2,023,040
2,060,144
2,072,562
2,096,829
2,104,589
2,113,527
2,113,5272,104,5892,096,8292,072,5622,060,1442,023,0402,019,4351,987,8861,899,9491,834,2771,803,5741,749,6981,702,0631,644,0181,647,4251,612,093
   Common Stock
282,569
282,569
282,569
282,569
282,569
282,569
282,569
282,569
285,178
285,178
285,178
285,178
286,834
286,834
286,834
0
0286,834286,834286,834285,178285,178285,178285,178282,569282,569282,569282,569282,569282,569282,569282,569
   Retained Earnings 
282,562
317,750
314,390
372,515
414,328
457,490
477,753
532,160
572,858
608,210
625,036
655,903
657,953
682,880
704,489
639,451
639,451704,489682,880657,953655,903625,036608,210572,858532,160477,753457,490414,328372,515314,390317,750282,562
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
370
513
467
387
-103
-15
-148
-91
-354
-428
846
2,348
1,915
1,256
2,397
0
02,3971,2561,9152,348846-428-354-91-148-15-103387467513370



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue1,233,426
Cost of Revenue-914,556
Gross Profit318,871318,871
 
Operating Income (+$)
Gross Profit318,871
Operating Expense-1,116,844
Operating Income116,582-797,973
 
Operating Expense (+$)
Research Development53,220
Selling General Administrative89,102
Selling And Marketing Expenses-
Operating Expense1,116,844142,322
 
Net Interest Income (+$)
Interest Income1,609
Interest Expense-2,311
Other Finance Cost-21,869
Net Interest Income-22,571
 
Pretax Income (+$)
Operating Income116,582
Net Interest Income-22,571
Other Non-Operating Income Expenses-
Income Before Tax (EBT)104,787116,582
EBIT - interestExpense = -2,311
76,905
79,216
Interest Expense2,311
Earnings Before Interest and Taxes (EBIT)-107,098
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax104,787
Tax Provision-27,883
Net Income From Continuing Ops76,90576,905
Net Income76,905
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-22,571
 

Technical Analysis of Ningbo Solartron Technology Co Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ningbo Solartron Technology Co Ltd. The general trend of Ningbo Solartron Technology Co Ltd is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ningbo Solartron Technology Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Ningbo Solartron Technology 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: 12.85 < 14.00 < 15.15.

The bearish price targets are: 10.68 > 9.55 > 7.3.

Tweet this
Ningbo Solartron 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 Ningbo Solartron Technology Co Ltd. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above 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

Ningbo Solartron 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 Ningbo Solartron Technology Co Ltd. The current macd is 0.25695495.

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

  • MACD line > signal line: The MACD line is above the signal 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 Ningbo Solartron Technology Co Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Ningbo Solartron Technology Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Ningbo Solartron Technology Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Ningbo Solartron Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNingbo Solartron 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 Ningbo Solartron Technology Co Ltd. The current adx is 25.90.

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 Ningbo Solartron Technology Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Ningbo Solartron 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 Ningbo Solartron Technology Co Ltd. The current sar is 10.54.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Ningbo Solartron 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 Ningbo Solartron Technology Co Ltd. The current rsi is 56.95. 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
Ningbo Solartron Technology Co Ltd Daily Relative Strength Index (RSI) ChartNingbo Solartron 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 Ningbo Solartron 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 Ningbo Solartron Technology Co Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Ningbo Solartron Technology Co Ltd Daily Stochastic Oscillator ChartNingbo Solartron 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 Ningbo Solartron Technology Co Ltd. The current cci is 80.33.

Ningbo Solartron Technology Co Ltd Daily Commodity Channel Index (CCI) ChartNingbo Solartron 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 Ningbo Solartron Technology Co Ltd. The current cmo is 17.31.

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
Ningbo Solartron Technology Co Ltd Daily Chande Momentum Oscillator (CMO) ChartNingbo Solartron 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 Ningbo Solartron Technology Co Ltd. The current willr is -39.91416309.

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 Ningbo Solartron Technology Co Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Ningbo Solartron Technology Co Ltd Daily Williams %R ChartNingbo Solartron 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 Ningbo Solartron Technology Co Ltd.

Ningbo Solartron 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 Ningbo Solartron Technology Co Ltd. The current atr is 0.50940078.

Ningbo Solartron Technology Co Ltd Daily Average True Range (ATR) ChartNingbo Solartron 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 Ningbo Solartron Technology Co Ltd. The current obv is 28,634,495.

Ningbo Solartron Technology Co Ltd Daily On-Balance Volume (OBV) ChartNingbo Solartron 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 Ningbo Solartron Technology Co Ltd. The current mfi is 70.03.

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
Ningbo Solartron Technology Co Ltd Daily Money Flow Index (MFI) ChartNingbo Solartron Technology Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Ningbo Solartron Technology Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ningbo Solartron Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.946
Ma 20Greater thanMa 5010.487
Ma 50Greater thanMa 10010.427
Ma 100Greater thanMa 20012.243
OpenGreater thanClose10.730
Total2/5 (40.0%)
Penke

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

  • Share my analysis of Ningbo Solartron Technology Co Ltd with someone you think should read this too:
  • Are you bullish or bearish on Ningbo Solartron Technology Co Ltd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Ningbo Solartron Technology Co Ltd? 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 Ningbo Solartron Technology Co Ltd

I send you an email if I find something interesting about Ningbo Solartron Technology Co Ltd.


Comments

How you think about this?

Leave a comment

Stay informed about Ningbo Solartron Technology Co Ltd.

Receive notifications about Ningbo Solartron Technology Co Ltd in your mailbox!