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I Jang Industrial Co Ltd
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Let's analyse I Jang Industrial Co Ltd together

PenkeI guess you are interested in I Jang Industrial 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 I Jang Industrial Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of I Jang Industrial Co Ltd (30 sec.)










What can you expect buying and holding a share of I Jang Industrial Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
NT$0.00
When do you have the money?
1 year
How often do you get paid?
61.5%

What is your share worth?

Current worth
NT$26.68
Expected worth in 1 year
NT$26.82
How sure are you?
92.3%

+ What do you gain per year?

Total Gains per Share
NT$0.14
Return On Investment
0.2%

For what price can you sell your share?

Current Price per Share
NT$76.00
Expected price per share
NT$71.70 - NT$
How sure are you?
50%

1. Valuation of I Jang Industrial Co Ltd (5 min.)




Live pricePrice per Share (EOD)

NT$76.00

Intrinsic Value Per Share

NT$-34.71 - NT$-43.16

Total Value Per Share

NT$-8.03 - NT$-16.47

2. Growth of I Jang Industrial Co Ltd (5 min.)




Is I Jang Industrial Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$28m$26.7m$1.2m4.5%

How much money is I Jang Industrial Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$1m$1.8m-$773.2k-70.6%
Net Profit Margin10.5%13.0%--

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

3. Financial Health of I Jang Industrial Co Ltd (5 min.)




4. Comparing to competitors in the Business Equipment & Supplies industry (5 min.)




  Industry Rankings (Business Equipment & Supplies)  


Richest
#58 / 70

Most Revenue
#60 / 70

Most Profit
#41 / 70

What can you expect buying and holding a share of I Jang Industrial Co Ltd? (5 min.)

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

What can you expect buying and holding a share of I Jang Industrial Co Ltd?

First you should know what it really means to hold a share of I Jang Industrial Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of I Jang Industrial Co Ltd is NT$76.00. 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 I Jang Industrial 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 I Jang Industrial 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 NT$26.68. Based on the TTM, the Book Value Change Per Share is NT$0.04 per quarter. Based on the YOY, the Book Value Change Per Share is NT$0.78 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is NT$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of I Jang Industrial Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps0.050.1%0.030.0%0.060.1%0.040.1%0.040.1%
Usd Book Value Change Per Share0.060.1%0.000.0%0.020.0%0.060.1%0.060.1%
Usd Dividend Per Share0.000.0%0.000.0%0.110.1%0.070.1%0.070.1%
Usd Total Gains Per Share0.060.1%0.000.0%0.130.2%0.130.2%0.130.2%
Usd Price Per Share1.91-1.78-1.63-1.69-1.69-
Price to Earnings Ratio9.48-18.01-8.07-13.20-13.20-
Price-to-Total Gains Ratio33.21-45.21-14.49-29.40-29.40-
Price to Book Ratio2.29-2.13-2.04-2.14-2.14-
Price-to-Total Gains Ratio33.21-45.21-14.49-29.40-29.40-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.3788
Number of shares420
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.07
Usd Book Value Change Per Share0.000.06
Usd Total Gains Per Share0.000.13
Gains per Quarter (420 shares)0.4756.41
Gains per Year (420 shares)1.87225.63
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
102-8118108216
204-6235216442
306-4353324668
407-2471432894
50905895401120
601127066481346
701348247551572
801569428631798
9017810599712024
1001910117710792250

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%13.00.00.0100.0%13.00.00.0100.0%13.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%10.03.00.076.9%10.03.00.076.9%10.03.00.076.9%
Dividend per Share0.00.04.00.0%7.00.05.058.3%8.00.05.061.5%8.00.05.061.5%8.00.05.061.5%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%12.01.00.092.3%12.01.00.092.3%12.01.00.092.3%

Fundamentals of I Jang Industrial Co Ltd

About I Jang Industrial Co Ltd

I Jang Industrial Co.,Ltd. manufactures and sells commercial storage equipment, and custom-made and household products worldwide. The company offers store display products, such as fruit, display, and flower racks; display, shopping basket, and mesh shop display stands; moving wire display rack; display tables; display mobile, display storage, and basket mobile rack; and wire rotary displays, as well as healthcare products comprising stainless steel cart, drive medical hamper stand, display and IV stand, storage rack, display, binder, mobile, and document cart, and hospital trolley. It also provides power stroll, commercial furniture, U boat, heavy duty wire carts, pallet storage shelf, moving storage rack systems, cylinder and cargo trolleys, trolley, tool, and tool storage carts, and metal pallets for logistics and warehouses; and kitchen waste recycling cart, wine rack, multifunction wagon, pizza and pan racks, stainless steel trolleys and storage racks, working carts, stainless steel work tables, and storage racks for food services and restaurants. In addition, the company offers stainless steel wire carts, security racks, and wire shelves. Further, it provides home furniture products, such as wagons, workbench, foldable trolley, wardrobe, clothes rack, heavy duty and corner shelving, slimline and other shelving, and magazine racks. I Jang Industrial Co.,Ltd. was founded in 1987 and is based in Changhua City, Taiwan.

Fundamental data was last updated by Penke on 2024-03-08 13:13:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of I Jang Industrial Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit I Jang Industrial Co Ltd earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare I Jang Industrial Co Ltd to the Business Equipment & Supplies industry mean.
  • A Net Profit Margin of 15.6% means that NT$0.16 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of I Jang Industrial Co Ltd:

  • The MRQ is 15.6%. The company is making a huge profit. +2
  • The TTM is 10.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ15.6%TTM10.5%+5.2%
TTM10.5%YOY13.0%-2.6%
TTM10.5%5Y11.3%-0.8%
5Y11.3%10Y11.3%0.0%
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ15.6%3.4%+12.2%
TTM10.5%3.8%+6.7%
YOY13.0%3.0%+10.0%
5Y11.3%3.3%+8.0%
10Y11.3%3.8%+7.5%
1.1.2. Return on Assets

Shows how efficient I Jang Industrial Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare I Jang Industrial Co Ltd to the Business Equipment & Supplies industry mean.
  • 3.2% Return on Assets means that I Jang Industrial Co Ltd generated NT$0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of I Jang Industrial Co Ltd:

  • The MRQ is 3.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.2%TTM2.2%+1.0%
TTM2.2%YOY3.8%-1.6%
TTM2.2%5Y2.9%-0.7%
5Y2.9%10Y2.9%0.0%
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2%1.0%+2.2%
TTM2.2%0.9%+1.3%
YOY3.8%0.9%+2.9%
5Y2.9%0.9%+2.0%
10Y2.9%1.2%+1.7%
1.1.3. Return on Equity

Shows how efficient I Jang Industrial Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare I Jang Industrial Co Ltd to the Business Equipment & Supplies industry mean.
  • 6.3% Return on Equity means I Jang Industrial Co Ltd generated NT$0.06 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of I Jang Industrial Co Ltd:

  • The MRQ is 6.3%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 4.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ6.3%TTM4.1%+2.2%
TTM4.1%YOY7.2%-3.1%
TTM4.1%5Y5.6%-1.4%
5Y5.6%10Y5.6%0.0%
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ6.3%2.1%+4.2%
TTM4.1%1.8%+2.3%
YOY7.2%1.6%+5.6%
5Y5.6%1.9%+3.7%
10Y5.6%2.1%+3.5%

1.2. Operating Efficiency of I Jang Industrial Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient I Jang Industrial Co Ltd is operating .

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

Let's take a look of the Operating Margin trends of I Jang Industrial Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM2.0%-2.0%
TTM2.0%YOY9.1%-7.1%
TTM2.0%5Y6.7%-4.7%
5Y6.7%10Y6.7%0.0%
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.9%-4.9%
TTM2.0%2.0%+0.0%
YOY9.1%4.5%+4.6%
5Y6.7%4.7%+2.0%
10Y6.7%3.4%+3.3%
1.2.2. Operating Ratio

Measures how efficient I Jang Industrial Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Business Equipment & Supplies industry mean).
  • An Operation Ratio of 1.63 means that the operating costs are NT$1.63 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of I Jang Industrial Co Ltd:

  • The MRQ is 1.634. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.691. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.634TTM1.691-0.057
TTM1.691YOY1.726-0.035
TTM1.6915Y1.717-0.026
5Y1.71710Y1.7170.000
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6341.536+0.098
TTM1.6911.504+0.187
YOY1.7261.525+0.201
5Y1.7171.530+0.187
10Y1.7171.184+0.533

1.3. Liquidity of I Jang Industrial Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if I Jang Industrial Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Business Equipment & Supplies industry mean).
  • A Current Ratio of 1.46 means the company has NT$1.46 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of I Jang Industrial Co Ltd:

  • The MRQ is 1.455. The company is just able to pay all its short-term debts.
  • The TTM is 1.673. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.455TTM1.673-0.217
TTM1.673YOY1.404+0.269
TTM1.6735Y1.460+0.213
5Y1.46010Y1.4600.000
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4551.919-0.464
TTM1.6731.799-0.126
YOY1.4041.801-0.397
5Y1.4601.870-0.410
10Y1.4601.625-0.165
1.3.2. Quick Ratio

Measures if I Jang Industrial 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 I Jang Industrial Co Ltd to the Business Equipment & Supplies industry mean.
  • A Quick Ratio of 0.68 means the company can pay off NT$0.68 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of I Jang Industrial Co Ltd:

  • The MRQ is 0.680. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.761. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.680TTM0.761-0.081
TTM0.761YOY0.734+0.028
TTM0.7615Y0.701+0.061
5Y0.70110Y0.7010.000
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6800.755-0.075
TTM0.7610.856-0.095
YOY0.7340.808-0.074
5Y0.7010.873-0.172
10Y0.7010.862-0.161

1.4. Solvency of I Jang Industrial Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of I Jang Industrial Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare I Jang Industrial Co Ltd to Business Equipment & Supplies industry mean.
  • A Debt to Asset Ratio of 0.47 means that I Jang Industrial Co Ltd assets are financed with 47.2% credit (debt) and the remaining percentage (100% - 47.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of I Jang Industrial Co Ltd:

  • The MRQ is 0.472. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.430. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.472TTM0.430+0.042
TTM0.430YOY0.460-0.030
TTM0.4305Y0.453-0.023
5Y0.45310Y0.4530.000
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4720.431+0.041
TTM0.4300.428+0.002
YOY0.4600.408+0.052
5Y0.4530.440+0.013
10Y0.4530.425+0.028
1.4.2. Debt to Equity Ratio

Measures if I Jang Industrial Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare I Jang Industrial Co Ltd to the Business Equipment & Supplies industry mean.
  • A Debt to Equity ratio of 93.0% means that company has NT$0.93 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of I Jang Industrial Co Ltd:

  • The MRQ is 0.930. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.789. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.930TTM0.789+0.141
TTM0.789YOY0.886-0.097
TTM0.7895Y0.870-0.081
5Y0.87010Y0.8700.000
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9300.824+0.106
TTM0.7890.787+0.002
YOY0.8860.756+0.130
5Y0.8700.813+0.057
10Y0.8700.743+0.127

2. Market Valuation of I Jang Industrial Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every NT$1 in earnings I Jang Industrial Co Ltd generates.

  • Above 15 is considered overpriced but always compare I Jang Industrial Co Ltd to the Business Equipment & Supplies industry mean.
  • A PE ratio of 9.48 means the investor is paying NT$9.48 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of I Jang Industrial Co Ltd:

  • The EOD is 11.811. Based on the earnings, the company is underpriced. +1
  • The MRQ is 9.480. Based on the earnings, the company is underpriced. +1
  • The TTM is 18.010. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD11.811MRQ9.480+2.331
MRQ9.480TTM18.010-8.530
TTM18.010YOY8.065+9.945
TTM18.0105Y13.203+4.807
5Y13.20310Y13.2030.000
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD11.81113.399-1.588
MRQ9.48011.113-1.633
TTM18.01015.655+2.355
YOY8.06515.571-7.506
5Y13.20315.708-2.505
10Y13.20326.177-12.974
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of I Jang Industrial Co Ltd:

  • The EOD is 26.695. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 21.426. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 22.978. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD26.695MRQ21.426+5.269
MRQ21.426TTM22.978-1.552
TTM22.978YOY8.883+14.095
TTM22.9785Y13.125+9.853
5Y13.12510Y13.1250.000
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD26.6956.833+19.862
MRQ21.4266.532+14.894
TTM22.9782.344+20.634
YOY8.8830.545+8.338
5Y13.1251.702+11.423
10Y13.1253.397+9.728
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of I Jang Industrial Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Business Equipment & Supplies industry mean).
  • A PB ratio of 2.29 means the investor is paying NT$2.29 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of I Jang Industrial Co Ltd:

  • The EOD is 2.848. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.286. Based on the equity, the company is underpriced. +1
  • The TTM is 2.133. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.848MRQ2.286+0.562
MRQ2.286TTM2.133+0.153
TTM2.133YOY2.044+0.089
TTM2.1335Y2.144-0.011
5Y2.14410Y2.1440.000
Compared to industry (Business Equipment & Supplies)
PeriodCompanyIndustry (mean)+/- 
EOD2.8481.754+1.094
MRQ2.2861.678+0.608
TTM2.1331.835+0.298
YOY2.0441.887+0.157
5Y2.1442.071+0.073
10Y2.1442.372-0.228
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of I Jang Industrial 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--1.8370.036+5063%0.776+137%2.052-11%2.052-11%
Book Value Per Share--26.68226.648+0%25.444+5%25.174+6%25.174+6%
Current Ratio--1.4551.673-13%1.404+4%1.4600%1.4600%
Debt To Asset Ratio--0.4720.430+10%0.460+3%0.453+4%0.453+4%
Debt To Equity Ratio--0.9300.789+18%0.886+5%0.870+7%0.870+7%
Dividend Per Share----0%3.400-100%2.238-100%2.238-100%
Eps--1.6091.043+54%1.780-10%1.350+19%1.350+19%
Free Cash Flow Per Share--0.7121.447-51%1.778-60%0.849-16%0.849-16%
Free Cash Flow To Equity Per Share--0.7120.967-26%0.698+2%-0.546+177%-0.546+177%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---43.155--------
Intrinsic Value_10Y_min---34.710--------
Intrinsic Value_1Y_max--1.967--------
Intrinsic Value_1Y_min--1.936--------
Intrinsic Value_3Y_max--1.116--------
Intrinsic Value_3Y_min--1.162--------
Intrinsic Value_5Y_max---5.517--------
Intrinsic Value_5Y_min---4.708--------
Market Cap2548812000.000+20%2045757000.0001904063175.000+7%1743504787.500+17%1805709473.077+13%1805709473.077+13%
Net Profit Margin--0.1560.105+49%0.130+20%0.113+39%0.113+39%
Operating Margin---0.020-100%0.091-100%0.067-100%0.067-100%
Operating Ratio--1.6341.691-3%1.726-5%1.717-5%1.717-5%
Pb Ratio2.848+20%2.2862.133+7%2.044+12%2.144+7%2.144+7%
Pe Ratio11.811+20%9.48018.010-47%8.065+18%13.203-28%13.203-28%
Price Per Share76.000+20%61.00056.775+7%51.988+17%53.842+13%53.842+13%
Price To Free Cash Flow Ratio26.695+20%21.42622.978-7%8.883+141%13.125+63%13.125+63%
Price To Total Gains Ratio41.379+20%33.21245.212-27%14.492+129%29.403+13%29.403+13%
Quick Ratio--0.6800.761-11%0.734-7%0.701-3%0.701-3%
Return On Assets--0.0320.022+45%0.038-15%0.029+9%0.029+9%
Return On Equity--0.0630.041+52%0.072-13%0.056+13%0.056+13%
Total Gains Per Share--1.8370.036+5063%4.176-56%4.291-57%4.291-57%
Usd Book Value--28008335.50027972317.025+0%26708994.250+5%26425737.677+6%26425737.677+6%
Usd Book Value Change Per Share--0.0570.001+5063%0.024+137%0.064-11%0.064-11%
Usd Book Value Per Share--0.8350.834+0%0.796+5%0.788+6%0.788+6%
Usd Dividend Per Share----0%0.106-100%0.070-100%0.070-100%
Usd Eps--0.0500.033+54%0.056-10%0.042+19%0.042+19%
Usd Free Cash Flow--747131.0001519278.525-51%1866348.575-60%890882.269-16%890882.269-16%
Usd Free Cash Flow Per Share--0.0220.045-51%0.056-60%0.027-16%0.027-16%
Usd Free Cash Flow To Equity Per Share--0.0220.030-26%0.022+2%-0.017+177%-0.017+177%
Usd Market Cap79777815.600+20%64032194.10059597177.378+7%54571699.849+17%56518706.507+13%56518706.507+13%
Usd Price Per Share2.379+20%1.9091.777+7%1.627+17%1.685+13%1.685+13%
Usd Profit--1688666.3001095061.800+54%1868297.000-10%1417158.062+19%1417158.062+19%
Usd Revenue--10790862.80010318858.800+5%14452258.550-25%12393555.223-13%12393555.223-13%
Usd Total Gains Per Share--0.0570.001+5063%0.131-56%0.134-57%0.134-57%
 EOD+4 -4MRQTTM+20 -13YOY+14 -215Y+17 -1810Y+17 -18

3.2. Fundamental Score

Let's check the fundamental score of I Jang Industrial Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.811
Price to Book Ratio (EOD)Between0-12.848
Net Profit Margin (MRQ)Greater than00.156
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.680
Current Ratio (MRQ)Greater than11.455
Debt to Asset Ratio (MRQ)Less than10.472
Debt to Equity Ratio (MRQ)Less than10.930
Return on Equity (MRQ)Greater than0.150.063
Return on Assets (MRQ)Greater than0.050.032
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of I Jang Industrial Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5081.070
Ma 20Greater thanMa 5070.045
Ma 50Greater thanMa 10069.276
Ma 100Greater thanMa 20066.621
OpenGreater thanClose73.500
Total4/5 (80.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Minority Interest  -1,043289-754385-36971-298828530



Latest Balance Sheet

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

Summary
Total Assets1,695,005
Total Liabilities800,170
Total Stockholder Equity860,448
 As reported
Total Liabilities 800,170
Total Stockholder Equity+ 860,448
Total Assets = 1,695,005

Assets

Total Assets1,695,005
Total Current Assets965,363
Long-term Assets729,642
Total Current Assets
Cash And Cash Equivalents 268,275
Short-term Investments 273,163
Net Receivables 178,018
Inventory 189,071
Other Current Assets 27,278
Total Current Assets  (as reported)965,363
Total Current Assets  (calculated)935,805
+/- 29,558
Long-term Assets
Property Plant Equipment 625,892
Long-term Assets Other 4,970
Long-term Assets  (as reported)729,642
Long-term Assets  (calculated)630,862
+/- 98,780

Liabilities & Shareholders' Equity

Total Current Liabilities663,351
Long-term Liabilities136,819
Total Stockholder Equity860,448
Total Current Liabilities
Short Long Term Debt 422,897
Accounts payable 98,567
Other Current Liabilities 791
Total Current Liabilities  (as reported)663,351
Total Current Liabilities  (calculated)522,255
+/- 141,096
Long-term Liabilities
Long term Debt 125,888
Capital Lease Obligations Min Short Term Debt8,805
Long-term Liabilities Other 183
Long-term Liabilities  (as reported)136,819
Long-term Liabilities  (calculated)134,876
+/- 1,943
Total Stockholder Equity
Retained Earnings 307,615
Total Stockholder Equity (as reported)860,448
Total Stockholder Equity (calculated)307,615
+/- 552,833
Other
Capital Stock335,367
Common Stock Shares Outstanding 33,537
Net Debt 280,510
Net Invested Capital 1,409,233
Net Working Capital 302,012
Property Plant and Equipment Gross 625,892



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-30
> Total Assets 
1,662,267
1,427,633
1,459,330
1,463,229
1,480,391
1,534,233
1,582,727
1,645,186
1,567,919
1,524,107
1,514,846
1,555,288
1,695,005
1,695,0051,555,2881,514,8461,524,1071,567,9191,645,1861,582,7271,534,2331,480,3911,463,2291,459,3301,427,6331,662,267
   > Total Current Assets 
923,849
704,353
747,552
750,952
773,191
825,973
877,373
930,817
843,070
795,270
791,986
831,764
965,363
965,363831,764791,986795,270843,070930,817877,373825,973773,191750,952747,552704,353923,849
       Cash And Cash Equivalents 
200,663
113,863
176,259
170,902
146,004
162,860
201,212
231,633
192,484
204,967
245,983
275,664
268,275
268,275275,664245,983204,967192,484231,633201,212162,860146,004170,902176,259113,863200,663
       Short-term Investments 
127,217
177,520
156,596
120,996
130,976
120,861
131,014
148,330
218,440
187,138
197,716
223,477
273,163
273,163223,477197,716187,138218,440148,330131,014120,861130,976120,996156,596177,520127,217
       Net Receivables 
168,646
243,000
189,882
209,339
254,491
300,107
340,842
344,481
215,271
184,822
146,453
154,687
178,018
178,018154,687146,453184,822215,271344,481340,842300,107254,491209,339189,882243,000168,646
       Inventory 
115,121
134,557
174,577
185,093
197,749
210,859
164,083
183,485
203,778
200,875
160,850
142,106
189,071
189,071142,106160,850200,875203,778183,485164,083210,859197,749185,093174,577134,557115,121
       Other Current Assets 
357,174
79,319
63,687
76,480
44,067
31,316
60,302
70,045
115,672
34,471
26,598
50,823
27,278
27,27850,82326,59834,471115,67270,04560,30231,31644,06776,48063,68779,319357,174
   > Long-term Assets 
738,418
723,280
711,778
712,277
707,200
708,260
705,354
714,369
724,849
728,837
722,860
723,524
729,642
729,642723,524722,860728,837724,849714,369705,354708,260707,200712,277711,778723,280738,418
       Property Plant Equipment 
697,374
692,114
681,549
683,405
679,295
677,549
675,719
677,952
691,499
629,779
627,968
625,234
625,892
625,892625,234627,968629,779691,499677,952675,719677,549679,295683,405681,549692,114697,374
       Other Assets 
18,361
15,256
14,998
14,310
13,766
16,391
15,218
17,993
22,737
87,010
0
0
0
00087,01022,73717,99315,21816,39113,76614,31014,99815,25618,361
> Total Liabilities 
919,421
588,651
595,839
706,959
694,461
713,997
706,523
818,399
677,856
612,979
579,310
722,050
800,170
800,170722,050579,310612,979677,856818,399706,523713,997694,461706,959595,839588,651919,421
   > Total Current Liabilities 
858,576
539,327
476,872
558,652
561,261
594,259
596,334
718,051
578,728
429,258
411,579
570,388
663,351
663,351570,388411,579429,258578,728718,051596,334594,259561,261558,652476,872539,327858,576
       Short Long Term Debt 
512,793
223,165
176,847
275,000
245,000
235,000
254,632
258,708
337,243
177,693
184,143
241,427
422,897
422,897241,427184,143177,693337,243258,708254,632235,000245,000275,000176,847223,165512,793
       Accounts payable 
70,765
101,957
78,852
74,223
107,042
141,236
113,473
122,809
73,820
71,617
57,998
62,356
98,567
98,56762,35657,99871,61773,820122,809113,473141,236107,04274,22378,852101,95770,765
       Other Current Liabilities 
138,672
49,915
57,006
66,610
62,427
66,746
72,599
190,956
55,146
71,288
887
200,852
791
791200,85288771,28855,146190,95672,59966,74662,42766,61057,00649,915138,672
   > Long-term Liabilities 
60,845
49,324
118,967
148,307
133,200
119,738
110,189
100,348
99,128
183,721
167,731
151,662
136,819
136,819151,662167,731183,72199,128100,348110,189119,738133,200148,307118,96749,32460,845
       Long term Debt 
53,900
43,600
114,300
144,673
130,029
116,885
103,741
91,430
80,786
177,192
159,597
142,003
125,888
125,888142,003159,597177,19280,78691,430103,741116,885130,029144,673114,30043,60053,900
       Capital Lease Obligations Min Short Term Debt
9,238
8,149
6,907
6,115
4,751
4,708
3,369
2,026
8,783
9,278
11,499
10,154
8,805
8,80510,15411,4999,2788,7832,0263,3694,7084,7516,1156,9078,1499,238
       Other Liabilities 
2,657
2,318
2,240
2,189
2,139
1,956
5,755
8,347
13,143
1,797
0
0
0
0001,79713,1438,3475,7551,9562,1392,1892,2402,3182,657
       Long-term Liabilities Other 
800
0
0
0
1,254
0
653
0
0
0
112
182
183
18318211200065301,254000800
> Total Stockholder Equity
715,364
809,958
832,484
728,236
758,370
791,690
846,675
800,412
862,840
882,907
906,614
807,604
860,448
860,448807,604906,614882,907862,840800,412846,675791,690758,370728,236832,484809,958715,364
   Common Stock
335,367
335,367
335,367
335,367
335,367
335,367
335,367
335,367
335,367
335,367
0
0
0
000335,367335,367335,367335,367335,367335,367335,367335,367335,367335,367
   Retained Earnings 
302,940
397,434
427,924
356,726
387,794
423,090
485,106
450,131
513,721
530,918
394,177
253,664
307,615
307,615253,664394,177530,918513,721450,131485,106423,090387,794356,726427,924397,434302,940
   Accumulated Other Comprehensive Income 0000000000000
   Capital Surplus 0000000000000
   Treasury Stock0000000000000



Balance Sheet

Currency in TWD. All numbers in thousands.




Cash Flow

Currency in TWD. All numbers in thousands.




Income Statement

Currency in TWD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue1,318,704
Cost of Revenue-1,033,873
Gross Profit284,831284,831
 
Operating Income (+$)
Gross Profit284,831
Operating Expense-1,194,375
Operating Income124,329-909,544
 
Operating Expense (+$)
Research Development18,696
Selling General Administrative141,806
Selling And Marketing Expenses-
Operating Expense1,194,375160,502
 
Net Interest Income (+$)
Interest Income13,396
Interest Expense-6,844
Other Finance Cost-0
Net Interest Income6,552
 
Pretax Income (+$)
Operating Income124,329
Net Interest Income6,552
Other Non-Operating Income Expenses-
Income Before Tax (EBT)165,923124,329
EBIT - interestExpense = -6,844
139,944
146,788
Interest Expense6,844
Earnings Before Interest and Taxes (EBIT)-172,767
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax165,923
Tax Provision-25,088
Net Income From Continuing Ops140,835140,835
Net Income139,944
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--6,552
 

Technical Analysis of I Jang Industrial 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 I Jang Industrial Co Ltd. The general trend of I Jang Industrial Co Ltd is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine I Jang Industrial 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 (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of I Jang Industrial Co Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: .

The bearish price targets are: 72.50 > 72.00 > 71.70.

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I Jang Industrial 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 I Jang Industrial Co Ltd. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-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 higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

I Jang Industrial 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 I Jang Industrial Co Ltd. The current macd is 1.17699261.

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 I Jang Industrial 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 I Jang Industrial 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 I Jang Industrial 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
I Jang Industrial Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartI Jang Industrial 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 I Jang Industrial Co Ltd. The current adx is 32.99.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 I Jang Industrial Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
I Jang Industrial 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 I Jang Industrial Co Ltd. The current sar is 68.25.

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
I Jang Industrial 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 I Jang Industrial Co Ltd. The current rsi is 81.07. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
I Jang Industrial Co Ltd Daily Relative Strength Index (RSI) ChartI Jang Industrial 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 I Jang Industrial Co Ltd. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the I Jang Industrial Co Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
I Jang Industrial Co Ltd Daily Stochastic Oscillator ChartI Jang Industrial 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 I Jang Industrial Co Ltd. The current cci is 343.77.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
I Jang Industrial Co Ltd Daily Commodity Channel Index (CCI) ChartI Jang Industrial 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 I Jang Industrial Co Ltd. The current cmo is 74.27.

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
I Jang Industrial Co Ltd Daily Chande Momentum Oscillator (CMO) ChartI Jang Industrial 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 I Jang Industrial Co Ltd. The current willr is -17.47572816.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
I Jang Industrial Co Ltd Daily Williams %R ChartI Jang Industrial 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 I Jang Industrial Co Ltd.

I Jang Industrial 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 I Jang Industrial Co Ltd. The current atr is 1.1926621.

I Jang Industrial Co Ltd Daily Average True Range (ATR) ChartI Jang Industrial 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 I Jang Industrial Co Ltd. The current obv is 1,630,328.

I Jang Industrial Co Ltd Daily On-Balance Volume (OBV) ChartI Jang Industrial 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 I Jang Industrial Co Ltd. The current mfi is 84.60.

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

  • MFI > 50: +1
  • MFI > 80: +1
I Jang Industrial Co Ltd Daily Money Flow Index (MFI) ChartI Jang Industrial Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

I Jang Industrial Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of I Jang Industrial Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5081.070
Ma 20Greater thanMa 5070.045
Ma 50Greater thanMa 10069.276
Ma 100Greater thanMa 20066.621
OpenGreater thanClose73.500
Total4/5 (80.0%)
Penke

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