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ITE Holdings Ltd
Buy, Hold or Sell?

Let's analyse ITE Holdings Ltd together

PenkeI guess you are interested in ITE Holdings 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 ITE Holdings 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 ITE Holdings Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
HK$0.00
When do you have the money?
1 year
How often do you get paid?
80.0%

What is your share worth?

Current worth
HK$0.02
Expected worth in 1 year
HK$0.02
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
HK$0.02
Return On Investment
94.8%

For what price can you sell your share?

Current Price per Share
HK$0.02
Expected price per share
HK$0.021 - HK$0.022
How sure are you?
50%

1. Valuation of ITE Holdings Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$0.02

Intrinsic Value Per Share

HK$0.00 - HK$0.11

Total Value Per Share

HK$0.03 - HK$0.13

2. Growth of ITE Holdings Ltd (5 min.)




Is ITE Holdings Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$2.7m$2.8m-$93.2k-3.3%

How much money is ITE Holdings Ltd making?

Current yearPrevious yearGrowGrow %
Making money$616.1k$787.5k-$171.3k-27.8%
Net Profit Margin30.2%18.9%--

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

3. Financial Health of ITE Holdings Ltd (5 min.)




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




  Industry Rankings (Communication Equipment)  


Richest
#313 / 342

Most Revenue
#317 / 342

Most Profit
#162 / 342

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

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

What can you expect buying and holding a share of ITE Holdings Ltd?

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

Speculation

The Price per Share of ITE Holdings Ltd is HK$0.022. 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 ITE Holdings 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 ITE Holdings 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 HK$0.02. Based on the TTM, the Book Value Change Per Share is HK$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.00 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 HK$0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of ITE Holdings Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.003.0%0.003.0%0.003.9%0.002.1%0.001.5%
Usd Book Value Change Per Share0.00-0.5%0.00-0.5%0.001.0%0.000.9%0.000.7%
Usd Dividend Per Share0.003.5%0.003.5%0.002.9%0.003.0%0.001.9%
Usd Total Gains Per Share0.003.0%0.003.0%0.003.9%0.003.9%0.002.6%
Usd Price Per Share0.00-0.00-0.00-0.00-0.01-
Price to Earnings Ratio5.57-5.57-4.96-5.82-91.44-
Price-to-Total Gains Ratio5.56-5.56-4.97-8.72-42.01-
Price to Book Ratio1.23-1.23-1.35-2.06-5.44-
Price-to-Total Gains Ratio5.56-5.56-4.97-8.72-42.01-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0028116
Number of shares355669
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (355669 shares)236.91305.19
Gains per Year (355669 shares)947.631,220.76
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11091-1439389452751211
22182-287188618915512432
33273-430283428368263653
44364-5733782378211014874
55455-7164730472713776095
66545-8605678567316527316
77636-10036626661819278537
88727-11467574756422029758
99818-129085228509247810979
1010909-143394709455275312200

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%18.06.00.075.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%7.03.00.070.0%16.08.00.066.7%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.02.080.0%9.00.015.037.5%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.05.00.079.2%

Fundamentals of ITE Holdings Ltd

About ITE Holdings Ltd

ITE (Holdings) Limited, an investment holding company, provides smartcard systems, radio frequency identification (RFID) products, and information technology (IT) and related services to the public and private sectors in Hong Kong and Macao. The company provides system integration; project management and implementation; and management, operation, and maintenance services, as well as HOMAC hardware and Intelli software products. It also offers smart city information services; harvesting, storage, utilization of smart energy; internet of things products, such as sensors and wireless connections; FinTech and sharing economy solution; e-payment; identification; access control; automated passage; automated fare collection; vehicle and transport; intelligent facilities; time attendance; assets and materials handling; and precision medicine and engineering solutions. ITE (Holdings) Limited was founded in 1997 and is headquartered in Kowloon, Hong Kong.

Fundamental data was last updated by Penke on 2024-03-28 05:20:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
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 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 cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of ITE Holdings Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit ITE Holdings Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare ITE Holdings Ltd to the Communication Equipment industry mean.
  • A Net Profit Margin of 30.2% means that $0.30 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ITE Holdings Ltd:

  • The MRQ is 30.2%. The company is making a huge profit. +2
  • The TTM is 30.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ30.2%TTM30.2%0.0%
TTM30.2%YOY18.9%+11.4%
TTM30.2%5Y10.9%+19.4%
5Y10.9%10Y8.3%+2.6%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ30.2%0.4%+29.8%
TTM30.2%1.1%+29.1%
YOY18.9%2.2%+16.7%
5Y10.9%1.0%+9.9%
10Y8.3%1.3%+7.0%
1.1.2. Return on Assets

Shows how efficient ITE Holdings Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare ITE Holdings Ltd to the Communication Equipment industry mean.
  • 17.4% Return on Assets means that ITE Holdings Ltd generated $0.17 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ITE Holdings Ltd:

  • The MRQ is 17.4%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 17.4%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ17.4%TTM17.4%0.0%
TTM17.4%YOY20.9%-3.5%
TTM17.4%5Y11.1%+6.3%
5Y11.1%10Y9.3%+1.8%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ17.4%0.2%+17.2%
TTM17.4%0.4%+17.0%
YOY20.9%0.7%+20.2%
5Y11.1%0.5%+10.6%
10Y9.3%0.5%+8.8%
1.1.3. Return on Equity

Shows how efficient ITE Holdings Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare ITE Holdings Ltd to the Communication Equipment industry mean.
  • 22.1% Return on Equity means ITE Holdings Ltd generated $0.22 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ITE Holdings Ltd:

  • The MRQ is 22.1%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 22.1%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ22.1%TTM22.1%0.0%
TTM22.1%YOY27.3%-5.2%
TTM22.1%5Y13.7%+8.4%
5Y13.7%10Y12.4%+1.3%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ22.1%0.4%+21.7%
TTM22.1%0.8%+21.3%
YOY27.3%1.2%+26.1%
5Y13.7%0.7%+13.0%
10Y12.4%0.9%+11.5%

1.2. Operating Efficiency of ITE Holdings Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient ITE Holdings Ltd is operating .

  • Measures how much profit ITE Holdings 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 ITE Holdings Ltd to the Communication Equipment 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 ITE Holdings Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY19.4%-19.4%
TTM-5Y5.7%-5.7%
5Y5.7%10Y5.1%+0.6%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.2%-3.2%
TTM-1.4%-1.4%
YOY19.4%3.1%+16.3%
5Y5.7%2.2%+3.5%
10Y5.1%1.6%+3.5%
1.2.2. Operating Ratio

Measures how efficient ITE Holdings Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Communication Equipment industry mean).
  • An Operation Ratio of 1.32 means that the operating costs are $1.32 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of ITE Holdings Ltd:

  • The MRQ is 1.321. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.321. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.321TTM1.3210.000
TTM1.321YOY1.452-0.131
TTM1.3215Y1.282+0.039
5Y1.28210Y1.119+0.163
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3211.586-0.265
TTM1.3211.549-0.228
YOY1.4521.541-0.089
5Y1.2821.525-0.243
10Y1.1191.284-0.165

1.3. Liquidity of ITE Holdings Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if ITE Holdings Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Communication Equipment industry mean).
  • A Current Ratio of 5.12 means the company has $5.12 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of ITE Holdings Ltd:

  • The MRQ is 5.120. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.120. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.120TTM5.1200.000
TTM5.120YOY4.083+1.037
TTM5.1205Y3.018+2.102
5Y3.01810Y3.109-0.091
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ5.1201.909+3.211
TTM5.1201.887+3.233
YOY4.0831.857+2.226
5Y3.0181.960+1.058
10Y3.1091.795+1.314
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare ITE Holdings Ltd to the Communication Equipment industry mean.
  • A Quick Ratio of 4.48 means the company can pay off $4.48 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ITE Holdings Ltd:

  • The MRQ is 4.478. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.478. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ4.478TTM4.4780.000
TTM4.478YOY1.724+2.754
TTM4.4785Y1.767+2.712
5Y1.76710Y2.128-0.361
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ4.4780.860+3.618
TTM4.4780.895+3.583
YOY1.7240.955+0.769
5Y1.7671.022+0.745
10Y2.1281.064+1.064

1.4. Solvency of ITE Holdings Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of ITE Holdings Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare ITE Holdings Ltd to Communication Equipment industry mean.
  • A Debt to Asset Ratio of 0.21 means that ITE Holdings Ltd assets are financed with 21.1% credit (debt) and the remaining percentage (100% - 21.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of ITE Holdings Ltd:

  • The MRQ is 0.211. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.211. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.211TTM0.2110.000
TTM0.211YOY0.234-0.024
TTM0.2115Y0.410-0.200
5Y0.41010Y0.360+0.050
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2110.469-0.258
TTM0.2110.477-0.266
YOY0.2340.473-0.239
5Y0.4100.468-0.058
10Y0.3600.457-0.097
1.4.2. Debt to Equity Ratio

Measures if ITE Holdings Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare ITE Holdings Ltd to the Communication Equipment industry mean.
  • A Debt to Equity ratio of 26.7% means that company has $0.27 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of ITE Holdings Ltd:

  • The MRQ is 0.267. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.267. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.267TTM0.2670.000
TTM0.267YOY0.306-0.039
TTM0.2675Y0.872-0.605
5Y0.87210Y0.660+0.211
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2670.835-0.568
TTM0.2670.857-0.590
YOY0.3060.894-0.588
5Y0.8720.896-0.024
10Y0.6600.920-0.260

2. Market Valuation of ITE Holdings 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 ITE Holdings Ltd generates.

  • Above 15 is considered overpriced but always compare ITE Holdings Ltd to the Communication Equipment industry mean.
  • A PE ratio of 5.57 means the investor is paying $5.57 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of ITE Holdings Ltd:

  • The EOD is 4.223. Based on the earnings, the company is cheap. +2
  • The MRQ is 5.567. Based on the earnings, the company is cheap. +2
  • The TTM is 5.567. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.223MRQ5.567-1.344
MRQ5.567TTM5.5670.000
TTM5.567YOY4.956+0.611
TTM5.5675Y5.818-0.251
5Y5.81810Y91.441-85.622
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD4.2232.853+1.370
MRQ5.5674.342+1.225
TTM5.5677.605-2.038
YOY4.95612.730-7.774
5Y5.81814.306-8.488
10Y91.44116.956+74.485
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of ITE Holdings Ltd:

  • The EOD is 4.277. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.638. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 5.638. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.277MRQ5.638-1.361
MRQ5.638TTM5.6380.000
TTM5.638YOY3.565+2.072
TTM5.6385Y1.691+3.947
5Y1.69110Y22.950-21.259
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD4.2772.044+2.233
MRQ5.6382.291+3.347
TTM5.6381.029+4.609
YOY3.565-0.701+4.266
5Y1.6911.760-0.069
10Y22.9501.872+21.078
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Communication Equipment industry mean).
  • A PB ratio of 1.23 means the investor is paying $1.23 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of ITE Holdings Ltd:

  • The EOD is 0.933. Based on the equity, the company is cheap. +2
  • The MRQ is 1.230. Based on the equity, the company is underpriced. +1
  • The TTM is 1.230. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.933MRQ1.230-0.297
MRQ1.230TTM1.2300.000
TTM1.230YOY1.354-0.124
TTM1.2305Y2.057-0.827
5Y2.05710Y5.437-3.380
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD0.9331.917-0.984
MRQ1.2301.996-0.766
TTM1.2302.034-0.804
YOY1.3542.047-0.693
5Y2.0572.305-0.248
10Y5.4372.666+2.771
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ITE Holdings Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.001-0.0010%0.002-148%0.002-152%0.001-162%
Book Value Per Share--0.0240.0240%0.024-3%0.020+21%0.017+40%
Current Ratio--5.1205.1200%4.083+25%3.018+70%3.109+65%
Debt To Asset Ratio--0.2110.2110%0.234-10%0.410-49%0.360-41%
Debt To Equity Ratio--0.2670.2670%0.306-13%0.872-69%0.660-60%
Dividend Per Share--0.0060.0060%0.005+20%0.005+15%0.003+85%
Eps--0.0050.0050%0.007-22%0.004+42%0.003+98%
Free Cash Flow Per Share--0.0050.0050%0.009-44%0.007-22%0.004+29%
Free Cash Flow To Equity Per Share--0.0100.0100%0.001+594%0.002+341%0.001+661%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.110--------
Intrinsic Value_10Y_min--0.003--------
Intrinsic Value_1Y_max--0.011--------
Intrinsic Value_1Y_min--0.003--------
Intrinsic Value_3Y_max--0.033--------
Intrinsic Value_3Y_min--0.007--------
Intrinsic Value_5Y_max--0.055--------
Intrinsic Value_5Y_min--0.008--------
Market Cap20361175.296-32%26839732.00026839732.0000%30541764.000-12%33873592.800-21%74127260.706-64%
Net Profit Margin--0.3020.3020%0.189+60%0.109+178%0.083+265%
Operating Margin----0%0.194-100%0.057-100%0.051-100%
Operating Ratio--1.3211.3210%1.452-9%1.282+3%1.119+18%
Pb Ratio0.933-32%1.2301.2300%1.354-9%2.057-40%5.437-77%
Pe Ratio4.223-32%5.5675.5670%4.956+12%5.818-4%91.441-94%
Price Per Share0.022-32%0.0290.0290%0.033-12%0.037-21%0.080-64%
Price To Free Cash Flow Ratio4.277-32%5.6385.6380%3.565+58%1.691+233%22.950-75%
Price To Total Gains Ratio4.221-32%5.5645.5640%4.969+12%8.715-36%42.007-87%
Quick Ratio--4.4784.4780%1.724+160%1.767+154%2.128+110%
Return On Assets--0.1740.1740%0.209-17%0.111+57%0.093+87%
Return On Equity--0.2210.2210%0.273-19%0.137+61%0.124+78%
Total Gains Per Share--0.0050.0050%0.007-22%0.007-22%0.005+15%
Usd Book Value--2788551.2702788551.2700%2881762.200-3%2307298.031+21%1996431.304+40%
Usd Book Value Change Per Share--0.0000.0000%0.000-148%0.000-152%0.000-162%
Usd Book Value Per Share--0.0030.0030%0.003-3%0.002+21%0.002+40%
Usd Dividend Per Share--0.0010.0010%0.001+20%0.001+15%0.000+85%
Usd Eps--0.0010.0010%0.001-22%0.000+42%0.000+98%
Usd Free Cash Flow--608443.915608443.9150%1094791.288-44%779588.000-22%472678.997+29%
Usd Free Cash Flow Per Share--0.0010.0010%0.001-44%0.001-22%0.001+29%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%0.000+594%0.000+341%0.000+661%
Usd Market Cap2602158.203-32%3430117.7503430117.7500%3903237.439-12%4329045.160-21%9473463.918-64%
Usd Price Per Share0.003-32%0.0040.0040%0.004-12%0.005-21%0.010-64%
Usd Profit--616121.244616121.2440%787503.600-22%434611.479+42%311207.723+98%
Usd Revenue--2036972.2502036972.2500%4173436.800-51%4280822.514-52%3728342.948-45%
Usd Total Gains Per Share--0.0010.0010%0.001-22%0.001-22%0.001+15%
 EOD+4 -4MRQTTM+0 -0YOY+13 -225Y+20 -1510Y+26 -9

3.2. Fundamental Score

Let's check the fundamental score of ITE Holdings Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-154.223
Price to Book Ratio (EOD)Between0-10.933
Net Profit Margin (MRQ)Greater than00.302
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than14.478
Current Ratio (MRQ)Greater than15.120
Debt to Asset Ratio (MRQ)Less than10.211
Debt to Equity Ratio (MRQ)Less than10.267
Return on Equity (MRQ)Greater than0.150.221
Return on Assets (MRQ)Greater than0.050.174
Total9/10 (90.0%)

3.3. Technical Score

Let's check the technical score of ITE Holdings Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5033.787
Ma 20Greater thanMa 500.023
Ma 50Greater thanMa 1000.023
Ma 100Greater thanMa 2000.025
OpenGreater thanClose0.022
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in HKD. All numbers in thousands.

Summary
Total Assets27,641
Total Liabilities5,822
Total Stockholder Equity21,820
 As reported
Total Liabilities 5,822
Total Stockholder Equity+ 21,820
Total Assets = 27,641

Assets

Total Assets27,641
Total Current Assets26,094
Long-term Assets1,548
Total Current Assets
Cash And Cash Equivalents 4,270
Net Receivables 1,636
Inventory 53
Other Current Assets 1,717
Total Current Assets  (as reported)26,094
Total Current Assets  (calculated)7,676
+/- 18,417
Long-term Assets
Property Plant Equipment 1,548
Long-term Assets  (as reported)1,548
Long-term Assets  (calculated)1,548
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities5,096
Long-term Liabilities725
Total Stockholder Equity21,820
Total Current Liabilities
Accounts payable 279
Other Current Liabilities 2,172
Total Current Liabilities  (as reported)5,096
Total Current Liabilities  (calculated)2,451
+/- 2,645
Long-term Liabilities
Long term Debt Total 725
Long-term Liabilities  (as reported)725
Long-term Liabilities  (calculated)725
+/- 0
Total Stockholder Equity
Common Stock9,255
Retained Earnings -8,230
Capital Surplus 10,059
Other Stockholders Equity 10,736
Total Stockholder Equity (as reported)21,820
Total Stockholder Equity (calculated)21,820
+/- 1
Other
Capital Stock9,255
Cash And Equivalents16,918
Cash and Short Term Investments 21,188
Common Stock Shares Outstanding 925,508
Liabilities and Stockholders Equity 27,641
Net Invested Capital 21,820
Net Working Capital 20,997
Property Plant and Equipment Gross 3,165



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-312004-03-312003-03-312002-03-312001-03-312000-03-31
> Total Assets 
6,623
59,995
75,982
58,053
44,839
27,016
31,835
32,722
33,703
27,209
25,935
17,759
13,376
16,344
16,915
20,590
17,677
18,789
21,740
31,604
32,643
33,923
29,453
27,641
27,64129,45333,92332,64331,60421,74018,78917,67720,59016,91516,34413,37617,75925,93527,20933,70332,72231,83527,01644,83958,05375,98259,9956,623
   > Total Current Assets 
5,698
58,378
63,498
44,901
33,699
24,104
27,946
30,441
31,390
26,837
25,759
17,674
13,333
15,969
16,624
20,388
17,552
18,301
21,540
27,888
28,816
29,630
27,699
26,094
26,09427,69929,63028,81627,88821,54018,30117,55220,38816,62415,96913,33317,67425,75926,83731,39030,44127,94624,10433,69944,90163,49858,3785,698
       Cash And Cash Equivalents 
1,214
37,992
14,798
1,821
1,132
347
160
1,901
917
1,314
1,533
2,460
2,306
7,697
7,197
7,501
6,121
4,520
6,855
4,574
4,593
9,206
11,004
4,270
4,27011,0049,2064,5934,5746,8554,5206,1217,5017,1977,6972,3062,4601,5331,3149171,9011603471,1321,82114,79837,9921,214
       Short-term Investments 
0
27,372
132
13,574
13,684
13,616
15,346
12
17,783
15,862
18,603
943
768
751
1,006
1,586
1,765
1,675
2,092
85
0
0
52
0
05200852,0921,6751,7651,5861,00675176894318,60315,86217,7831215,34613,61613,68413,57413227,3720
       Net Receivables 
0
18,438
18,655
23,693
15,601
7,406
9,825
9,499
10,991
7,962
4,024
5,516
5,372
5,532
4,118
9,312
6,185
7,446
8,168
7,903
8,517
3,781
587
1,636
1,6365873,7818,5177,9038,1687,4466,1859,3124,1185,5325,3725,5164,0247,96210,9919,4999,8257,40615,60123,69318,65518,4380
       Inventory 
1,658
1,949
3,519
3,834
2,642
2,060
1,932
1,925
1,699
1,700
1,600
1,551
1,529
1,228
1,186
1,233
1,123
1,306
1,254
1,348
1,790
1,502
592
53
535921,5021,7901,3481,2541,3061,1231,2331,1861,2281,5291,5511,6001,7001,6991,9251,9322,0602,6423,8343,5191,9491,658
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
488
200
3,716
3,827
4,293
1,754
1,548
1,5481,7544,2933,8273,71620048800000000000000000
       Property Plant Equipment 
925
1,617
3,293
2,189
1,366
662
361
793
660
372
176
85
43
375
291
201
125
488
200
3,716
3,827
4,293
1,754
1,548
1,5481,7544,2933,8273,71620048812520129137543851763726607933616621,3662,1893,2931,617925
       Goodwill 
0
0
9,191
8,240
7,289
0
0
0
0
0
0
0
0
0
0
9,508
0
0
0
0
0
0
0
0
000000009,50800000000007,2898,2409,19100
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
000000001000000000000000
       Intangible Assets 
0
0
9,191
8,240
7,289
0
0
0
0
0
0
0
0
0
0
-9,508
0
0
0
0
0
0
0
0
00000000-9,50800000000007,2898,2409,19100
> Total Liabilities 
4,876
6,656
19,597
22,926
21,750
19,537
23,808
23,577
23,061
15,461
14,157
6,376
4,315
6,230
4,786
7,073
5,335
5,646
6,927
19,680
19,696
12,893
6,904
5,822
5,8226,90412,89319,69619,6806,9275,6465,3357,0734,7866,2304,3156,37614,15715,46123,06123,57723,80819,53721,75022,92619,5976,6564,876
   > Total Current Liabilities 
4,834
6,652
19,597
20,843
21,334
19,537
23,808
23,577
23,061
15,461
14,157
6,376
4,315
6,230
4,786
7,073
5,335
5,646
6,927
17,432
18,085
11,006
6,783
5,096
5,0966,78311,00618,08517,4326,9275,6465,3357,0734,7866,2304,3156,37614,15715,46123,06123,57723,80819,53721,33420,84319,5976,6524,834
       Short-term Debt 
0
0
132
13,574
13,684
13,616
15,346
12
0
0
0
943
768
751
1,006
1,586
1,765
1,675
2,092
85
8,800
0
0
0
0008,800852,0921,6751,7651,5861,0067517689430001215,34613,61613,68413,57413200
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,600
8,800
0
0
0
0008,80011,6000000000000000000000
       Accounts payable 
0
1,386
4,426
2,505
1,307
844
2,297
3,467
1,796
594
1,027
590
427
496
286
326
314
423
803
312
932
594
58
279
279585949323128034233143262864964275901,0275941,7963,4672,2978441,3072,5054,4261,3860
       Other Current Liabilities 
0
5,227
11,234
10,266
9,436
9,396
9,403
10,531
10,509
12,181
3,378
3,965
3,889
5,734
4,500
3,148
2,752
3,091
3,886
1,249
2,318
3,005
2,389
2,172
2,1722,3893,0052,3181,2493,8863,0912,7523,1484,5005,7343,8893,9653,37812,18110,50910,5319,4039,3969,43610,26611,2345,2270
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,247
1,610
1,887
121
725
7251211,8871,6102,2470000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,247
1,610
1,886
121
725
7251211,8861,6102,2470000000000000000000
> Total Stockholder Equity
0
53,339
56,386
35,127
23,088
7,479
8,027
9,146
10,642
11,749
11,778
11,383
9,061
10,114
12,130
13,517
12,343
13,143
14,813
11,924
12,947
21,030
22,549
21,820
21,82022,54921,03012,94711,92414,81313,14312,34313,51712,13010,1149,06111,38311,77811,74910,6429,1468,0277,47923,08835,12756,38653,3390
   Common Stock
0
4,491
9,080
9,075
9,075
9,075
9,075
9,075
9,075
9,056
9,033
9,357
9,306
9,306
9,306
9,295
9,274
9,255
9,255
9,255
9,255
9,255
9,255
9,255
9,2559,2559,2559,2559,2559,2559,2559,2749,2959,3069,3069,3069,3579,0339,0569,0759,0759,0759,0759,0759,0759,0804,4910
   Retained Earnings Total Equity000000000000000000000000
   Accumulated Other Comprehensive Income 000-3,626-1,696-1,495-1,220-1,521-1,373-1,298-1,593-3,344-3,628-3,590-3,433-3,24400000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,240
20,240
20,240
20,240
15,612
10,059
10,05915,61220,24020,24020,24020,240000000000000000000
   Treasury Stock000000-18-220-1000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,030
11,033
12,156
12,840
13,188
13,703
13,509
12,956
10,732
10,736
10,73610,73212,95613,50913,70313,18812,84012,15611,03311,03000000000000000



Balance Sheet

Currency in HKD. All numbers in thousands.




Cash Flow

Currency in HKD. All numbers in thousands.




Income Statement

Currency in HKD. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue15,939
Cost of Revenue-6,375
Gross Profit9,5639,563
 
Operating Income (+$)
Gross Profit9,563
Operating Expense-14,687
Operating Income4,951-5,124
 
Operating Expense (+$)
Research Development0
Selling General Administrative8,311
Selling And Marketing Expenses0
Operating Expense14,6878,311
 
Net Interest Income (+$)
Interest Income33
Interest Expense-245
Other Finance Cost-179
Net Interest Income-33
 
Pretax Income (+$)
Operating Income4,951
Net Interest Income-33
Other Non-Operating Income Expenses0
Income Before Tax (EBT)4,9184,951
EBIT - interestExpense = -245
4,821
5,066
Interest Expense245
Earnings Before Interest and Taxes (EBIT)05,163
Earnings Before Interest and Taxes (EBITDA)4,951
 
After tax Income (+$)
Income Before Tax4,918
Tax Provision-97
Net Income From Continuing Ops4,8214,821
Net Income4,821
Net Income Applicable To Common Shares4,821
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net033
 

Technical Analysis of ITE Holdings 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 ITE Holdings Ltd. The general trend of ITE Holdings Ltd is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine ITE Holdings Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of ITE Holdings 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: 0.022 < 0.022 < 0.022.

The bearish price targets are: 0.0219 > 0.0219 > 0.021.

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ITE Holdings 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 ITE Holdings Ltd. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

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

ITE Holdings 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 ITE Holdings Ltd. The current macd is -0.00051609.

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 ITE Holdings Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for ITE Holdings Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the ITE Holdings Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
ITE Holdings Ltd Daily Moving Average Convergence/Divergence (MACD) ChartITE Holdings 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 ITE Holdings Ltd. The current adx is 21.08.

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

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell ITE Holdings Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
ITE Holdings 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 ITE Holdings Ltd. The current sar is 0.0246748.

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
ITE Holdings 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 ITE Holdings Ltd. The current rsi is 33.79. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
ITE Holdings Ltd Daily Relative Strength Index (RSI) ChartITE Holdings 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 ITE Holdings Ltd. The current phase is Continuation in bear market.

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

  • 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 ITE Holdings Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
ITE Holdings Ltd Daily Stochastic Oscillator ChartITE Holdings 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 ITE Holdings Ltd. The current cci is -70.58823529.

ITE Holdings Ltd Daily Commodity Channel Index (CCI) ChartITE Holdings 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 ITE Holdings Ltd. The current cmo is -46.04780399.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
ITE Holdings Ltd Daily Chande Momentum Oscillator (CMO) ChartITE Holdings 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 ITE Holdings Ltd. The current willr is -50.

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 ITE Holdings Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
ITE Holdings Ltd Daily Williams %R ChartITE Holdings 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 ITE Holdings Ltd.

ITE Holdings 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 ITE Holdings Ltd. The current atr is 0.00029956.

ITE Holdings Ltd Daily Average True Range (ATR) ChartITE Holdings 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 ITE Holdings Ltd. The current obv is -1,084,000.

ITE Holdings Ltd Daily On-Balance Volume (OBV) ChartITE Holdings 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 ITE Holdings Ltd. The current mfi is 0.

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

  • MFI < 50: -1
  • MFI < 20: -1
ITE Holdings Ltd Daily Money Flow Index (MFI) ChartITE Holdings Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ITE Holdings 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
2023-11-03MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-09MACD 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.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-14DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-04MACD 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08DMI 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.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CCI LONG ENTRY SHORT CLOSE100 crossover to 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).
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-24MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26STOCH 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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-14MACD 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21MACD 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.
RSI LONG ENTRY SHORT CLOSE30 crossover to 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-01DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal 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).
2024-03-06MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

ITE Holdings Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of ITE Holdings Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5033.787
Ma 20Greater thanMa 500.023
Ma 50Greater thanMa 1000.023
Ma 100Greater thanMa 2000.025
OpenGreater thanClose0.022
Total1/5 (20.0%)
Penke

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