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Nongfu Spring Co Ltd
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Let's analyse Nongfu Spring Co Ltd together

PenkeI guess you are interested in Nongfu Spring 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 Nongfu Spring 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 Nongfu Spring Co Ltd (30 sec.)










What can you expect buying and holding a share of Nongfu Spring Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.25
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
HK$2.32
Expected worth in 1 year
HK$3.60
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
HK$3.23
Return On Investment
7.7%

For what price can you sell your share?

Current Price per Share
HK$42.25
Expected price per share
HK$37.84 - HK$44.95
How sure are you?
50%

1. Valuation of Nongfu Spring Co Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$42.25

Intrinsic Value Per Share

HK$7.79 - HK$11.27

Total Value Per Share

HK$10.11 - HK$13.59

2. Growth of Nongfu Spring Co Ltd (5 min.)




Is Nongfu Spring Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$3.3b$2.8b$462.2m13.9%

How much money is Nongfu Spring Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$1.1b$990.4m$184.4m15.7%
Net Profit Margin25.6%24.1%--

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

3. Financial Health of Nongfu Spring Co Ltd (5 min.)




What can you expect buying and holding a share of Nongfu Spring Co Ltd? (5 min.)

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

What can you expect buying and holding a share of Nongfu Spring Co Ltd?

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

Speculation

The Price per Share of Nongfu Spring Co Ltd is HK$42.25. 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 Nongfu Spring 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 Nongfu Spring 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 HK$2.32. Based on the TTM, the Book Value Change Per Share is HK$0.32 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.51 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$0.49 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nongfu Spring Co 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 Eps0.100.2%0.100.2%0.090.2%0.070.2%0.070.2%
Usd Book Value Change Per Share0.040.1%0.040.1%0.060.2%0.030.1%0.050.1%
Usd Dividend Per Share0.060.1%0.060.1%0.020.1%0.060.1%0.050.1%
Usd Total Gains Per Share0.100.2%0.100.2%0.090.2%0.090.2%0.100.2%
Usd Price Per Share5.64-5.64-6.58-3.85-3.20-
Price to Earnings Ratio53.95-53.95-74.66-47.35-39.46-
Price-to-Total Gains Ratio54.55-54.55-74.67-57.12-57.12-
Price to Book Ratio19.03-19.03-25.78-16.33-13.61-
Price-to-Total Gains Ratio54.55-54.55-74.67-57.12-57.12-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.39955
Number of shares185
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.060.06
Usd Book Value Change Per Share0.040.03
Usd Total Gains Per Share0.100.09
Gains per Quarter (185 shares)19.1117.25
Gains per Year (185 shares)76.4569.02
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1463066462359
292611429147128
31389121813770197
418412229418294266
5230152370228117335
6276182446274140404
7322213522319164473
8368243598365187542
9414274674411211611
10460304750456234680

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%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%

Fundamentals of Nongfu Spring Co Ltd

About Nongfu Spring Co Ltd

Nongfu Spring Co., Ltd. produces and markets packaged drinking water and beverage products primarily in Mainland China. It operates through five segments: Water Products, Ready-To-Drink Tea Products, Functional Drinks Products, Juice Beverage Products, and Other Products. The company also offers tea beverage products; functional drink products; fruit juice products; and other beverage products, such as soda water, sparkling flavored, and coffee beverages, as well as agricultural products comprising fresh fruits. In addition, it provides supply chain management services. The company was founded in 1996 and is headquartered in Hangzhou, China. Nongfu Spring Co., Ltd. operates as a subsidiary of Yangshengtang Co., Ltd.

Fundamental data was last updated by Penke on 2024-03-28 08:45:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just 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 expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Nongfu Spring Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nongfu Spring Co Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Nongfu Spring Co Ltd to the Beverages - Non-Alcoholic industry mean.
  • A Net Profit Margin of 25.6% means that $0.26 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nongfu Spring Co Ltd:

  • The MRQ is 25.6%. The company is making a huge profit. +2
  • The TTM is 25.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ25.6%TTM25.6%0.0%
TTM25.6%YOY24.1%+1.4%
TTM25.6%5Y22.2%+3.4%
5Y22.2%10Y21.7%+0.5%
1.1.2. Return on Assets

Shows how efficient Nongfu Spring Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Nongfu Spring Co Ltd to the Beverages - Non-Alcoholic industry mean.
  • 21.6% Return on Assets means that Nongfu Spring Co Ltd generated $0.22 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nongfu Spring Co Ltd:

  • The MRQ is 21.6%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 21.6%. Using its assets, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ21.6%TTM21.6%0.0%
TTM21.6%YOY21.8%-0.1%
TTM21.6%5Y21.8%-0.1%
5Y21.8%10Y21.5%+0.2%
1.1.3. Return on Equity

Shows how efficient Nongfu Spring Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Nongfu Spring Co Ltd to the Beverages - Non-Alcoholic industry mean.
  • 35.3% Return on Equity means Nongfu Spring Co Ltd generated $0.35 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nongfu Spring Co Ltd:

  • The MRQ is 35.3%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 35.3%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ35.3%TTM35.3%0.0%
TTM35.3%YOY34.5%+0.7%
TTM35.3%5Y35.8%-0.5%
5Y35.8%10Y34.9%+0.9%

1.2. Operating Efficiency of Nongfu Spring Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nongfu Spring Co Ltd is operating .

  • Measures how much profit Nongfu Spring Co Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Nongfu Spring Co Ltd to the Beverages - Non-Alcoholic industry mean.
  • An Operating Margin of 28.4% means the company generated $0.28  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Nongfu Spring Co Ltd:

  • The MRQ is 28.4%. The company is operating very efficient. +2
  • The TTM is 28.4%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ28.4%TTM28.4%0.0%
TTM28.4%YOY29.2%-0.8%
TTM28.4%5Y28.0%+0.4%
5Y28.0%10Y27.5%+0.6%
1.2.2. Operating Ratio

Measures how efficient Nongfu Spring Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Beverages - Non-Alcoholic industry mean).
  • An Operation Ratio of 1.13 means that the operating costs are $1.13 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Nongfu Spring Co Ltd:

  • The MRQ is 1.126. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.126. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.126TTM1.1260.000
TTM1.126YOY1.099+0.027
TTM1.1265Y1.144-0.018
5Y1.14410Y1.152-0.008

1.3. Liquidity of Nongfu Spring Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nongfu Spring Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Beverages - Non-Alcoholic industry mean).
  • A Current Ratio of 1.26 means the company has $1.26 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Nongfu Spring Co Ltd:

  • The MRQ is 1.258. The company is just able to pay all its short-term debts.
  • The TTM is 1.258. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.258TTM1.2580.000
TTM1.258YOY1.539-0.282
TTM1.2585Y1.212+0.046
5Y1.21210Y1.230-0.018
1.3.2. Quick Ratio

Measures if Nongfu Spring 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 Nongfu Spring Co Ltd to the Beverages - Non-Alcoholic industry mean.
  • A Quick Ratio of 1.58 means the company can pay off $1.58 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nongfu Spring Co Ltd:

  • The MRQ is 1.581. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.581. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.581TTM1.5810.000
TTM1.581YOY1.352+0.229
TTM1.5815Y1.266+0.315
5Y1.26610Y1.283-0.018

1.4. Solvency of Nongfu Spring Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nongfu Spring Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Nongfu Spring Co Ltd to Beverages - Non-Alcoholic industry mean.
  • A Debt to Asset Ratio of 0.39 means that Nongfu Spring Co Ltd assets are financed with 38.6% credit (debt) and the remaining percentage (100% - 38.6%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.386. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.386. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.386TTM0.3860.000
TTM0.386YOY0.369+0.017
TTM0.3865Y0.383+0.004
5Y0.38310Y0.374+0.009
1.4.2. Debt to Equity Ratio

Measures if Nongfu Spring Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Nongfu Spring Co Ltd to the Beverages - Non-Alcoholic industry mean.
  • A Debt to Equity ratio of 63.0% means that company has $0.63 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.630. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.630. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.630TTM0.6300.000
TTM0.630YOY0.586+0.044
TTM0.6305Y0.628+0.002
5Y0.62810Y0.605+0.023

2. Market Valuation of Nongfu Spring Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Nongfu Spring Co Ltd generates.

  • Above 15 is considered overpriced but always compare Nongfu Spring Co Ltd to the Beverages - Non-Alcoholic industry mean.
  • A PE ratio of 53.95 means the investor is paying $53.95 for every $1 in earnings.

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

  • The EOD is 51.689. Based on the earnings, the company is expensive. -2
  • The MRQ is 53.952. Based on the earnings, the company is expensive. -2
  • The TTM is 53.952. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD51.689MRQ53.952-2.263
MRQ53.952TTM53.9520.000
TTM53.952YOY74.664-20.712
TTM53.9525Y47.347+6.605
5Y47.34710Y39.456+7.891
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 57.106. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 59.606. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 59.606. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD57.106MRQ59.606-2.500
MRQ59.606TTM59.6060.000
TTM59.606YOY60.000-0.394
TTM59.6065Y42.477+17.129
5Y42.47710Y35.398+7.080
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Nongfu Spring Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Beverages - Non-Alcoholic industry mean).
  • A PB ratio of 19.03 means the investor is paying $19.03 for each $1 in book value.

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

  • The EOD is 18.232. Based on the equity, the company is expensive. -2
  • The MRQ is 19.031. Based on the equity, the company is expensive. -2
  • The TTM is 19.031. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD18.232MRQ19.031-0.798
MRQ19.031TTM19.0310.000
TTM19.031YOY25.780-6.750
TTM19.0315Y16.328+2.702
5Y16.32810Y13.607+2.721
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nongfu Spring Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.3220.3220%0.505-36%0.247+30%0.386-17%
Book Value Per Share--2.3172.3170%1.996+16%1.631+42%1.539+51%
Current Ratio--1.2581.2580%1.539-18%1.212+4%1.230+2%
Debt To Asset Ratio--0.3860.3860%0.369+5%0.383+1%0.374+3%
Debt To Equity Ratio--0.6300.6300%0.586+7%0.628+0%0.605+4%
Dividend Per Share--0.4870.4870%0.184+165%0.482+1%0.408+19%
Eps--0.8170.8170%0.689+19%0.568+44%0.528+55%
Free Cash Flow Per Share--0.7400.7400%0.857-14%0.541+37%0.488+51%
Free Cash Flow To Equity Per Share--0.2230.2230%0.675-67%0.257-13%0.245-9%
Gross Profit Margin--1.0001.0000%1.0000%0.267+275%0.148+576%
Intrinsic Value_10Y_max--11.271--------
Intrinsic Value_10Y_min--7.789--------
Intrinsic Value_1Y_max--0.818--------
Intrinsic Value_1Y_min--0.608--------
Intrinsic Value_3Y_max--2.694--------
Intrinsic Value_3Y_min--1.986--------
Intrinsic Value_5Y_max--4.858--------
Intrinsic Value_5Y_min--3.530--------
Market Cap212714810880.000-133%495969168240.000495969168240.0000%578630696280.000-14%338406173976.000+47%282005144980.000+76%
Net Profit Margin--0.2560.2560%0.241+6%0.222+15%0.217+18%
Operating Margin--0.2840.2840%0.292-3%0.280+1%0.275+3%
Operating Ratio--1.1261.1260%1.099+2%1.144-2%1.152-2%
Pb Ratio18.232-4%19.03119.0310%25.780-26%16.328+17%13.607+40%
Pe Ratio51.689-4%53.95253.9520%74.664-28%47.347+14%39.456+37%
Price Per Share42.250-4%44.10044.1000%51.450-14%30.090+47%25.075+76%
Price To Free Cash Flow Ratio57.106-4%59.60659.6060%60.000-1%42.477+40%35.398+68%
Price To Total Gains Ratio52.266-4%54.55454.5540%74.670-27%57.123-4%57.123-4%
Quick Ratio--1.5811.5810%1.352+17%1.266+25%1.283+23%
Return On Assets--0.2160.2160%0.218-1%0.218-1%0.215+1%
Return On Equity--0.3530.3530%0.345+2%0.358-1%0.349+1%
Total Gains Per Share--0.8080.8080%0.689+17%0.730+11%0.794+2%
Usd Book Value--3330644190.1413330644190.1410%2868409930.949+16%2340339233.288+42%2207632551.662+51%
Usd Book Value Change Per Share--0.0410.0410%0.065-36%0.032+30%0.049-17%
Usd Book Value Per Share--0.2960.2960%0.255+16%0.208+42%0.197+51%
Usd Dividend Per Share--0.0620.0620%0.024+165%0.062+1%0.052+19%
Usd Eps--0.1040.1040%0.088+19%0.073+44%0.067+55%
Usd Free Cash Flow--1063394830.6541063394830.6540%1232476626.137-14%776883388.300+37%700996906.065+52%
Usd Free Cash Flow Per Share--0.0950.0950%0.110-14%0.069+37%0.062+51%
Usd Free Cash Flow To Equity Per Share--0.0290.0290%0.086-67%0.033-13%0.031-9%
Usd Market Cap27184952830.464-133%63384859701.07263384859701.0720%73949002984.584-14%43248309034.133+47%36040257528.444+76%
Usd Price Per Share5.400-4%5.6365.6360%6.575-14%3.846+47%3.205+76%
Usd Profit--1174828341.1951174828341.1950%990421537.330+19%815623481.636+44%757600369.027+55%
Usd Revenue--4596726279.4954596726279.4950%4106786663.186+12%3604145306.652+28%3406599758.640+35%
Usd Total Gains Per Share--0.1030.1030%0.088+17%0.093+11%0.101+2%
 EOD+4 -4MRQTTM+0 -0YOY+18 -175Y+25 -1110Y+25 -11

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1551.689
Price to Book Ratio (EOD)Between0-118.232
Net Profit Margin (MRQ)Greater than00.256
Operating Margin (MRQ)Greater than00.284
Quick Ratio (MRQ)Greater than11.581
Current Ratio (MRQ)Greater than11.258
Debt to Asset Ratio (MRQ)Less than10.386
Debt to Equity Ratio (MRQ)Less than10.630
Return on Equity (MRQ)Greater than0.150.353
Return on Assets (MRQ)Greater than0.050.216
Total8/10 (80.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose40.750
Total0/1 (0.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in CNY. All numbers in thousands.

Summary
Total Assets39,254,841
Total Liabilities15,170,765
Total Stockholder Equity24,084,076
 As reported
Total Liabilities 15,170,765
Total Stockholder Equity+ 24,084,076
Total Assets = 39,254,841

Assets

Total Assets39,254,841
Total Current Assets18,361,481
Long-term Assets20,893,360
Total Current Assets
Cash And Cash Equivalents 7,821,114
Short-term Investments 7,390,042
Net Receivables 478,587
Inventory 2,108,372
Other Current Assets 201,913
Total Current Assets  (as reported)18,361,481
Total Current Assets  (calculated)18,000,028
+/- 361,453
Long-term Assets
Property Plant Equipment 16,300,508
Intangible Assets 58,077
Other Assets 482,540
Long-term Assets  (as reported)20,893,360
Long-term Assets  (calculated)16,841,125
+/- 4,052,235

Liabilities & Shareholders' Equity

Total Current Liabilities14,601,429
Long-term Liabilities569,336
Total Stockholder Equity24,084,076
Total Current Liabilities
Short-term Debt 2,425,093
Short Long Term Debt 2,425,093
Accounts payable 1,425,069
Other Current Liabilities 7,452,292
Total Current Liabilities  (as reported)14,601,429
Total Current Liabilities  (calculated)13,727,547
+/- 873,882
Long-term Liabilities
Long term Debt Total 31,179
Other Liabilities 538,157
Long-term Liabilities  (as reported)569,336
Long-term Liabilities  (calculated)569,336
+/-0
Total Stockholder Equity
Common Stock1,124,647
Retained Earnings 14,616,702
Other Stockholders Equity 8,342,727
Total Stockholder Equity (as reported)24,084,076
Total Stockholder Equity (calculated)24,084,076
+/-0
Other
Capital Stock1,124,647
Cash and Short Term Investments 15,211,156
Common Stock Shares Outstanding 11,246,466
Liabilities and Stockholders Equity 39,254,841
Net Invested Capital 26,509,169
Net Tangible Assets 24,025,999
Net Working Capital 3,760,052
Property Plant and Equipment Gross 30,074,214



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
> Total Assets 
16,622,593
20,949,998
17,796,471
25,859,412
32,896,096
39,254,841
39,254,84132,896,09625,859,41217,796,47120,949,99816,622,593
   > Total Current Assets 
6,856,767
8,841,045
4,372,336
12,191,639
17,835,654
18,361,481
18,361,48117,835,65412,191,6394,372,3368,841,0456,856,767
       Cash And Cash Equivalents 
2,562,883
1,763,664
1,083,142
9,118,880
14,783,577
7,821,114
7,821,11414,783,5779,118,8801,083,1421,763,6642,562,883
       Short-term Investments 
2,039,415
3,777,438
200,000
3,567,883
204,754
7,390,042
7,390,042204,7543,567,883200,0003,777,4382,039,415
       Net Receivables 
482,563
1,006,109
995,144
951,749
472,862
478,587
478,587472,862951,749995,1441,006,109482,563
       Inventory 
1,442,450
1,906,335
1,762,103
1,805,454
1,809,230
2,108,372
2,108,3721,809,2301,805,4541,762,1031,906,3351,442,450
   > Long-term Assets 
9,765,826
12,108,953
13,424,135
13,667,773
15,060,442
20,893,360
20,893,36015,060,44213,667,77313,424,13512,108,9539,765,826
       Property Plant Equipment 
9,477,109
11,688,498
12,363,006
13,295,255
13,580,787
16,300,508
16,300,50813,580,78713,295,25512,363,00611,688,4989,477,109
       Intangible Assets 
525,149
610,417
667,602
57,885
65,104
58,077
58,07765,10457,885667,602610,417525,149
       Long-term Assets Other 
9,057
7,469
4,978
0
0
49,435
49,435004,9787,4699,057
> Total Liabilities 
5,457,125
6,534,233
7,914,603
10,367,130
12,154,462
15,170,765
15,170,76512,154,46210,367,1307,914,6036,534,2335,457,125
   > Total Current Liabilities 
5,196,686
6,163,397
7,441,466
9,824,646
11,588,911
14,601,429
14,601,42911,588,9119,824,6467,441,4666,163,3975,196,686
       Short-term Debt 
1,000,000
1,000,000
1,000,000
2,413,957
2,500,108
2,425,093
2,425,0932,500,1082,413,9571,000,0001,000,0001,000,000
       Short Long Term Debt 
50,066
0
1,000,000
2,413,957
2,500,108
2,425,093
2,425,0932,500,1082,413,9571,000,000050,066
       Accounts payable 
821,043
837,328
791,462
881,800
1,153,133
1,425,069
1,425,0691,153,133881,800791,462837,328821,043
       Other Current Liabilities 
3,011,600
3,899,171
4,252,300
4,883,170
5,400,091
7,452,292
7,452,2925,400,0914,883,1704,252,3003,899,1713,011,600
   > Long-term Liabilities 
260,439
370,836
473,137
542,484
565,551
569,336
569,336565,551542,484473,137370,836260,439
       Long term Debt Total 
31,135
16,628
30,421
41,305
43,304
31,179
31,17943,30441,30530,42116,62831,135
       Other Liabilities 
229,304
354,208
442,716
501,179
522,247
538,157
538,157522,247501,179442,716354,208229,304
> Total Stockholder Equity
11,127,435
14,371,546
9,881,868
15,492,282
20,741,634
24,084,076
24,084,07620,741,63415,492,2829,881,86814,371,54611,127,435
   Common Stock
360,000
360,000
360,000
1,124,647
1,124,647
1,124,647
1,124,6471,124,6471,124,647360,000360,000360,000
   Retained Earnings 
10,764,974
14,003,833
9,354,801
5,932,467
11,182,362
14,616,702
14,616,70211,182,3625,932,4679,354,80114,003,83310,764,974
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
2,461
7,713
167,067
8,435,168
8,434,625
8,342,727
8,342,7278,434,6258,435,168167,0677,7132,461



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue33,239,187
Cost of Revenue-14,143,776
Gross Profit19,095,41119,095,411
 
Operating Income (+$)
Gross Profit19,095,411
Operating Expense-23,276,592
Operating Income11,126,360-4,181,181
 
Operating Expense (+$)
Research Development-
Selling General Administrative9,647,069
Selling And Marketing Expenses-
Operating Expense23,276,5929,647,069
 
Net Interest Income (+$)
Interest Income76,028
Interest Expense-625,015
Other Finance Cost-1,096,319
Net Interest Income547,332
 
Pretax Income (+$)
Operating Income11,126,360
Net Interest Income547,332
Other Non-Operating Income Expenses-
Income Before Tax (EBT)11,050,33211,126,360
EBIT - interestExpense = 8,814,580
11,050,332
9,120,265
Interest Expense625,015
Earnings Before Interest and Taxes (EBIT)9,439,59511,675,347
Earnings Before Interest and Taxes (EBITDA)13,613,285
 
After tax Income (+$)
Income Before Tax11,050,332
Tax Provision-2,555,082
Net Income From Continuing Ops8,495,2508,495,250
Net Income8,495,250
Net Income Applicable To Common Shares8,495,250
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--547,332
 

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

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

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

The bullish price targets are: 44.95 < 44.95 < 44.95.

The bearish price targets are: 42.85 > 37.95 > 37.84.

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Nongfu Spring 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 Nongfu Spring Co Ltd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

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

Nongfu Spring 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 Nongfu Spring Co Ltd.

Nongfu Spring Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNongfu Spring 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 Nongfu Spring Co Ltd. The current adx is .

Nongfu Spring 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 Nongfu Spring Co Ltd.

Nongfu Spring 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 Nongfu Spring Co Ltd.

Nongfu Spring Co Ltd Daily Relative Strength Index (RSI) ChartNongfu Spring 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 Nongfu Spring Co Ltd.

Nongfu Spring Co Ltd Daily Stochastic Oscillator ChartNongfu Spring 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 Nongfu Spring Co Ltd.

Nongfu Spring Co Ltd Daily Commodity Channel Index (CCI) ChartNongfu Spring 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 Nongfu Spring Co Ltd.

Nongfu Spring Co Ltd Daily Chande Momentum Oscillator (CMO) ChartNongfu Spring 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 Nongfu Spring Co Ltd.

Nongfu Spring Co Ltd Daily Williams %R ChartNongfu Spring 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 Nongfu Spring Co Ltd.

Nongfu Spring 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 Nongfu Spring Co Ltd.

Nongfu Spring Co Ltd Daily Average True Range (ATR) ChartNongfu Spring 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 Nongfu Spring Co Ltd.

Nongfu Spring Co Ltd Daily On-Balance Volume (OBV) ChartNongfu Spring 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 Nongfu Spring Co Ltd.

Nongfu Spring Co Ltd Daily Money Flow Index (MFI) ChartNongfu Spring Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nongfu Spring 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
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07STOCH 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).
2023-11-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15MACD 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).
2023-11-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29MACD 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-21MACD 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-02MACD 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.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-08ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05DMI 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.
2024-02-06DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09DMI 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
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01MACD 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27DMI 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.
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Nongfu Spring Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose40.750
Total0/1 (0.0%)
Penke

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