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China Taiping Insurance Holdings Co Ltd ADR
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Let's analyse China Taiping Insurance Holdings Co Ltd ADR together

PenkeI guess you are interested in China Taiping Insurance Holdings Co Ltd ADR. 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 China Taiping Insurance Holdings Co Ltd ADR. 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 China Taiping Insurance Holdings Co Ltd ADR (30 sec.)










What can you expect buying and holding a share of China Taiping Insurance Holdings Co Ltd ADR? (30 sec.)

How much money do you get?

How much money do you get?
$5.88
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$87.73
Expected worth in 1 year
$35.21
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
$-46.64
Return On Investment
-232.3%

For what price can you sell your share?

Current Price per Share
$20.08
Expected price per share
$20.08 - $20.08
How sure are you?
50%

1. Valuation of China Taiping Insurance Holdings Co Ltd ADR (5 min.)




Live pricePrice per Share (EOD)

$20.08

Intrinsic Value Per Share

$298.26 - $1,011.55

Total Value Per Share

$385.99 - $1,099.28

2. Growth of China Taiping Insurance Holdings Co Ltd ADR (5 min.)




Is China Taiping Insurance Holdings Co Ltd ADR growing?

Current yearPrevious yearGrowGrow %
How rich?$12.6b$14.4b-$1.8b-15.0%

How much money is China Taiping Insurance Holdings Co Ltd ADR making?

Current yearPrevious yearGrowGrow %
Making money$357.4m$960.2m-$602.8m-168.7%
Net Profit Margin0.9%2.4%--

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

3. Financial Health of China Taiping Insurance Holdings Co Ltd ADR (5 min.)




What can you expect buying and holding a share of China Taiping Insurance Holdings Co Ltd ADR? (5 min.)

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

What can you expect buying and holding a share of China Taiping Insurance Holdings Co Ltd ADR?

First you should know what it really means to hold a share of China Taiping Insurance Holdings Co Ltd ADR. And how you can make/lose money.

Speculation

The Price per Share of China Taiping Insurance Holdings Co Ltd ADR is $20.08. 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 China Taiping Insurance Holdings Co Ltd ADR.
  • 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 China Taiping Insurance Holdings Co Ltd ADR, 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 $87.73. Based on the TTM, the Book Value Change Per Share is $-13.13 per quarter. Based on the YOY, the Book Value Change Per Share is $-2.81 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 $1.47 per quarter.
Based on historical numbers we can estimate the returns while holding a share of China Taiping Insurance Holdings Co Ltd ADR.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps2.4912.4%2.4912.4%6.6833.3%5.7528.6%4.8424.1%
Usd Book Value Change Per Share-13.13-65.4%-13.13-65.4%-2.81-14.0%3.0215.0%6.9134.4%
Usd Dividend Per Share1.477.3%1.477.3%1.286.4%0.874.3%0.562.8%
Usd Total Gains Per Share-11.66-58.1%-11.66-58.1%-1.53-7.6%3.8919.3%7.4737.2%
Usd Price Per Share29.00-29.00-53.70-46.49-41.73-
Price to Earnings Ratio11.66-11.66-8.04-8.58-8.09-
Price-to-Total Gains Ratio-2.49--2.49--35.13--19.07--12.60-
Price to Book Ratio0.33-0.33-0.53-0.53-0.55-
Price-to-Total Gains Ratio-2.49--2.49--35.13--19.07--12.60-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share20.08
Number of shares49
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share1.470.87
Usd Book Value Change Per Share-13.133.02
Usd Total Gains Per Share-11.663.89
Gains per Quarter (49 shares)-571.35190.39
Gains per Year (49 shares)-2,285.41761.54
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1288-2573-2295170591752
2576-5147-458034111821514
3864-7720-686551117742276
41152-10294-915068123653038
51440-12867-1143585229563800
61728-15441-13720102235474562
72016-18014-16005119241385324
82304-20588-18290136347306086
92593-23161-20575153353216848
102881-25735-22860170359127610

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%10.00.00.0100.0%21.03.00.087.5%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%6.04.00.060.0%15.09.00.062.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%14.00.010.058.3%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%6.04.00.060.0%15.09.00.062.5%

Fundamentals of China Taiping Insurance Holdings Co Ltd ADR

About China Taiping Insurance Holdings Co Ltd ADR

China Taiping Insurance Holdings Company Limited, an investment holding company, underwrites various insurance and reinsurance products in the People's Republic of China, Hong Kong, Macau, Singapore, and internationally. The company operates through three segments: Life Insurance Business, Property and Casualty Insurance Business, and Reinsurance Business. The Life Insurance Business segment provides life insurance products, such as individual and group life insurance, health insurance, and accident insurance products and annuities. The Property and Casualty Insurance segment offers compulsory motor insurance, liability insurance, credit insurance, guarantee insurance, and short-term accident and health insurance, as well as the related reinsurance products. The Reinsurance segment provides property damage, life, marine cargo and hull, and miscellaneous non-marine reinsurance products. The company also engages in the asset management, insurance intermediary, financial leasing, property investment, and securities dealing and broking, as well as in elderly care investment businesses; and manages investment funds. In addition, it provides corporate and personal retirement insurance products; and back-to-back financing arrangement, as well as insurance broking and agency services. The company was formerly known as China Insurance International Holdings Company Limited and changed its name to China Taiping Insurance Holdings Company Limited in August 2009. The company was incorporated in 2000 and is headquartered in North Point, Hong Kong. China Taiping Insurance Holdings Company Limited operates as a subsidiary of China Taiping Insurance Group (HK) Co. Ltd.

Fundamental data was last updated by Penke on 2024-03-08 19:30:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very 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 just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

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

1.1. Profitability of China Taiping Insurance Holdings Co Ltd ADR.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit China Taiping Insurance Holdings Co Ltd ADR earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare China Taiping Insurance Holdings Co Ltd ADR to the Insurance - Life industry mean.
  • A Net Profit Margin of 0.9% means that $0.01 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of China Taiping Insurance Holdings Co Ltd ADR:

  • The MRQ is 0.9%. The company is not making a profit/loss.
  • The TTM is 0.9%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ0.9%TTM0.9%0.0%
TTM0.9%YOY2.4%-1.4%
TTM0.9%5Y2.5%-1.6%
5Y2.5%10Y2.9%-0.4%
1.1.2. Return on Assets

Shows how efficient China Taiping Insurance Holdings Co Ltd ADR is using its assets to generate profit.

  • Above 5% is considered healthy but always compare China Taiping Insurance Holdings Co Ltd ADR to the Insurance - Life industry mean.
  • 0.2% Return on Assets means that China Taiping Insurance Holdings Co Ltd ADR generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of China Taiping Insurance Holdings Co Ltd ADR:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%0.0%
TTM0.2%YOY0.5%-0.3%
TTM0.2%5Y0.6%-0.4%
5Y0.6%10Y0.8%-0.1%
1.1.3. Return on Equity

Shows how efficient China Taiping Insurance Holdings Co Ltd ADR is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare China Taiping Insurance Holdings Co Ltd ADR to the Insurance - Life industry mean.
  • 3.7% Return on Equity means China Taiping Insurance Holdings Co Ltd ADR generated $0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of China Taiping Insurance Holdings Co Ltd ADR:

  • The MRQ is 3.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.7%TTM3.7%0.0%
TTM3.7%YOY8.5%-4.8%
TTM3.7%5Y8.3%-4.6%
5Y8.3%10Y8.8%-0.4%

1.2. Operating Efficiency of China Taiping Insurance Holdings Co Ltd ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient China Taiping Insurance Holdings Co Ltd ADR is operating .

  • Measures how much profit China Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR to the Insurance - Life industry mean.
  • An Operating Margin of -1.0% means the company generated $-0.01  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of China Taiping Insurance Holdings Co Ltd ADR:

  • The MRQ is -1.0%. The company is operating very inefficient. -2
  • The TTM is -1.0%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-1.0%TTM-1.0%0.0%
TTM-1.0%YOY1.5%-2.5%
TTM-1.0%5Y2.3%-3.3%
5Y2.3%10Y3.4%-1.0%
1.2.2. Operating Ratio

Measures how efficient China Taiping Insurance Holdings Co Ltd ADR is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance - Life industry mean).
  • An Operation Ratio of -1.01 means that the operating costs are $-1.01 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of China Taiping Insurance Holdings Co Ltd ADR:

  • The MRQ is -1.010.
  • The TTM is -1.010.
Trends
Current periodCompared to+/- 
MRQ-1.010TTM-1.0100.000
TTM-1.010YOY-0.985-0.025
TTM-1.0105Y-0.977-0.033
5Y-0.97710Y-0.315-0.662

1.3. Liquidity of China Taiping Insurance Holdings Co Ltd ADR.

1.3. Liquidity
1.3.1. Current Ratio

Measures if China Taiping Insurance Holdings Co Ltd ADR is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance - Life industry mean).
  • A Current Ratio of 7.16 means the company has $7.16 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of China Taiping Insurance Holdings Co Ltd ADR:

  • The MRQ is 7.155. The company is very able to pay all its short-term debts. +2
  • The TTM is 7.155. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ7.155TTM7.1550.000
TTM7.155YOY4.767+2.388
TTM7.1555Y4.432+2.723
5Y4.43210Y2.944+1.489
1.3.2. Quick Ratio

Measures if China Taiping Insurance Holdings Co Ltd ADR is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare China Taiping Insurance Holdings Co Ltd ADR to the Insurance - Life industry mean.
  • A Quick Ratio of 0.13 means the company can pay off $0.13 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of China Taiping Insurance Holdings Co Ltd ADR:

  • The MRQ is 0.134. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.134. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.134TTM0.1340.000
TTM0.134YOY-0.756+0.890
TTM0.1345Y-1.112+1.246
5Y-1.11210Y-0.196-0.917

1.4. Solvency of China Taiping Insurance Holdings Co Ltd ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of China Taiping Insurance Holdings Co Ltd ADR assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare China Taiping Insurance Holdings Co Ltd ADR to Insurance - Life industry mean.
  • A Debt to Asset Ratio of 0.93 means that China Taiping Insurance Holdings Co Ltd ADR assets are financed with 93.0% credit (debt) and the remaining percentage (100% - 93.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of China Taiping Insurance Holdings Co Ltd ADR:

  • The MRQ is 0.930. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.930. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.930TTM0.9300.000
TTM0.930YOY0.918+0.012
TTM0.9305Y0.908+0.022
5Y0.90810Y0.894+0.013
1.4.2. Debt to Equity Ratio

Measures if China Taiping Insurance Holdings Co Ltd ADR is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare China Taiping Insurance Holdings Co Ltd ADR to the Insurance - Life industry mean.
  • A Debt to Equity ratio of 1,735.9% means that company has $17.36 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of China Taiping Insurance Holdings Co Ltd ADR:

  • The MRQ is 17.359. The company is unable to pay all its debts with equity. -1
  • The TTM is 17.359. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ17.359TTM17.3590.000
TTM17.359YOY14.366+2.992
TTM17.3595Y12.874+4.485
5Y12.87410Y11.225+1.649

2. Market Valuation of China Taiping Insurance Holdings Co Ltd ADR

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 China Taiping Insurance Holdings Co Ltd ADR generates.

  • Above 15 is considered overpriced but always compare China Taiping Insurance Holdings Co Ltd ADR to the Insurance - Life industry mean.
  • A PE ratio of 11.66 means the investor is paying $11.66 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of China Taiping Insurance Holdings Co Ltd ADR:

  • The EOD is 8.077. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.665. Based on the earnings, the company is underpriced. +1
  • The TTM is 11.665. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD8.077MRQ11.665-3.588
MRQ11.665TTM11.6650.000
TTM11.665YOY8.040+3.625
TTM11.6655Y8.575+3.089
5Y8.57510Y8.090+0.485
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of China Taiping Insurance Holdings Co Ltd ADR:

  • The EOD is 0.255. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.368. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.368. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.255MRQ0.368-0.113
MRQ0.368TTM0.3680.000
TTM0.368YOY0.639-0.272
TTM0.3685Y0.616-0.248
5Y0.61610Y0.879-0.263
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of China Taiping Insurance Holdings Co Ltd ADR is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance - Life industry mean).
  • A PB ratio of 0.33 means the investor is paying $0.33 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of China Taiping Insurance Holdings Co Ltd ADR:

  • The EOD is 0.229. Based on the equity, the company is cheap. +2
  • The MRQ is 0.331. Based on the equity, the company is cheap. +2
  • The TTM is 0.331. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.229MRQ0.331-0.102
MRQ0.331TTM0.3310.000
TTM0.331YOY0.532-0.202
TTM0.3315Y0.535-0.204
5Y0.53510Y0.553-0.018
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of China Taiping Insurance Holdings Co Ltd ADR 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---13.130-13.1300%-2.807-79%3.016-535%6.907-290%
Book Value Per Share--87.73087.7300%100.860-13%89.468-2%71.021+24%
Current Ratio--7.1557.1550%4.767+50%4.432+61%2.944+143%
Debt To Asset Ratio--0.9300.9300%0.918+1%0.908+2%0.894+4%
Debt To Equity Ratio--17.35917.3590%14.366+21%12.874+35%11.225+55%
Dividend Per Share--1.4701.4700%1.278+15%0.869+69%0.562+162%
Eps--2.4862.4860%6.679-63%5.746-57%4.838-49%
Free Cash Flow Per Share--78.87278.8720%83.986-6%80.466-2%57.545+37%
Free Cash Flow To Equity Per Share--70.19670.1960%92.039-24%79.693-12%58.814+19%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--1011.551--------
Intrinsic Value_10Y_min--298.256--------
Intrinsic Value_1Y_max--90.283--------
Intrinsic Value_1Y_min--51.090--------
Intrinsic Value_3Y_max--279.710--------
Intrinsic Value_3Y_min--136.050--------
Intrinsic Value_5Y_max--479.321--------
Intrinsic Value_5Y_min--201.229--------
Market Cap2886720719.360-44%4169068768.0004169068768.0000%7719965270.400-46%6683879801.056-38%5998650602.217-30%
Net Profit Margin--0.0090.0090%0.024-61%0.025-63%0.029-68%
Operating Margin---0.010-0.0100%0.015-165%0.023-143%0.034-130%
Operating Ratio---1.010-1.0100%-0.985-3%-0.977-3%-0.315-69%
Pb Ratio0.229-44%0.3310.3310%0.532-38%0.535-38%0.553-40%
Pe Ratio8.077-44%11.66511.6650%8.040+45%8.575+36%8.090+44%
Price Per Share20.080-44%29.00029.0000%53.700-46%46.493-38%41.726-30%
Price To Free Cash Flow Ratio0.255-44%0.3680.3680%0.639-42%0.616-40%0.879-58%
Price To Total Gains Ratio-1.722+31%-2.487-2.4870%-35.131+1313%-19.071+667%-12.600+407%
Quick Ratio--0.1340.1340%-0.756+664%-1.112+931%-0.196+246%
Return On Assets--0.0020.0020%0.005-64%0.006-69%0.008-74%
Return On Equity--0.0370.0370%0.085-57%0.083-56%0.088-58%
Total Gains Per Share---11.660-11.6600%-1.529-87%3.885-400%7.469-256%
Usd Book Value--12612093804.00012612093804.0000%14499671688.000-13%12861995048.640-2%10210188551.760+24%
Usd Book Value Change Per Share---13.130-13.1300%-2.807-79%3.016-535%6.907-290%
Usd Book Value Per Share--87.73087.7300%100.860-13%89.468-2%71.021+24%
Usd Dividend Per Share--1.4701.4700%1.278+15%0.869+69%0.562+162%
Usd Eps--2.4862.4860%6.679-63%5.746-57%4.838-49%
Usd Free Cash Flow--11338782658.20011338782658.2000%12073962765.600-6%11567928748.320-2%8272740832.920+37%
Usd Free Cash Flow Per Share--78.87278.8720%83.986-6%80.466-2%57.545+37%
Usd Free Cash Flow To Equity Per Share--70.19670.1960%92.039-24%79.693-12%58.814+19%
Usd Market Cap2886720719.360-44%4169068768.0004169068768.0000%7719965270.400-46%6683879801.056-38%5998650602.217-30%
Usd Price Per Share20.080-44%29.00029.0000%53.700-46%46.493-38%41.726-30%
Usd Profit--357406502.400357406502.4000%960250987.800-63%837125272.800-57%710245969.560-50%
Usd Revenue--38470144491.00038470144491.0000%40765512238.200-6%34705235369.160+11%26291152311.480+46%
Usd Total Gains Per Share---11.660-11.6600%-1.529-87%3.885-400%7.469-256%
 EOD+5 -3MRQTTM+0 -0YOY+9 -265Y+10 -2510Y+18 -17

3.2. Fundamental Score

Let's check the fundamental score of China Taiping Insurance Holdings Co Ltd ADR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.077
Price to Book Ratio (EOD)Between0-10.229
Net Profit Margin (MRQ)Greater than00.009
Operating Margin (MRQ)Greater than0-0.010
Quick Ratio (MRQ)Greater than10.134
Current Ratio (MRQ)Greater than17.155
Debt to Asset Ratio (MRQ)Less than10.930
Debt to Equity Ratio (MRQ)Less than117.359
Return on Equity (MRQ)Greater than0.150.037
Return on Assets (MRQ)Greater than0.050.002
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of China Taiping Insurance Holdings Co Ltd ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than500.011
Ma 20Greater thanMa 5020.080
Ma 50Greater thanMa 10022.566
Ma 100Greater thanMa 20025.208
OpenGreater thanClose20.080
Total0/5 (0.0%)



Reversals in quarterly reports

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

 2018-12-312019-12-312020-12-312021-12-312022-12-31
EBIT  1,313,067-191,1561,121,910-134,037987,874-362,898624,975-1,009,465-384,489
Operating Income  1,313,067-191,1561,121,910-134,037987,874-362,898624,975-1,009,465-384,489



Latest Balance Sheet

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

Summary
Total Assets1,409,365,566
Total Liabilities1,310,679,386
Total Stockholder Equity75,505,986
 As reported
Total Liabilities 1,310,679,386
Total Stockholder Equity+ 75,505,986
Total Assets = 1,409,365,566

Assets

Total Assets1,409,365,566
Total Current Assets308,628,766
Long-term Assets980,110,680
Total Current Assets
Cash And Cash Equivalents 42,265,766
Short-term Investments 266,191,393
Net Receivables -568,873,170
Inventory 171,607
Other Current Assets 568,873,170
Total Current Assets  (as reported)308,628,766
Total Current Assets  (calculated)308,628,766
+/-0
Long-term Assets
Property Plant Equipment 41,291,047
Goodwill 719,253
Long Term Investments 925,437,928
Intangible Assets 261,408
Other Assets 120,626,120
Long-term Assets  (as reported)980,110,680
Long-term Assets  (calculated)1,088,335,756
+/- 108,225,076

Liabilities & Shareholders' Equity

Total Current Liabilities43,134,626
Long-term Liabilities61,116,597
Total Stockholder Equity75,505,986
Total Current Liabilities
Short-term Debt 30,067,302
Short Long Term Debt 30,067,302
Accounts payable 13,067,324
Other Current Liabilities -43,134,626
Total Current Liabilities  (as reported)43,134,626
Total Current Liabilities  (calculated)30,067,302
+/- 13,067,324
Long-term Liabilities
Capital Lease Obligations 1,793,124
Long-term Liabilities  (as reported)61,116,597
Long-term Liabilities  (calculated)1,793,124
+/- 59,323,473
Total Stockholder Equity
Common Stock40,771,408
Retained Earnings 50,780,623
Accumulated Other Comprehensive Income -16,046,045
Total Stockholder Equity (as reported)75,505,986
Total Stockholder Equity (calculated)75,505,986
+/-0
Other
Capital Stock40,771,408
Cash and Short Term Investments 308,457,159
Common Stock Shares Outstanding 143,761
Liabilities and Stockholders Equity 1,409,365,566
Net Debt 47,038,603
Net Invested Capital 163,017,231
Net Tangible Assets 74,525,325
Property Plant and Equipment Gross 54,652,261
Short Long Term Debt Total 89,304,369



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-31
> Total Assets 
1,871,803
2,101,386
3,843,035
6,221,401
10,684,243
16,853,860
27,333,781
40,053,667
55,617,549
80,815,389
111,531,031
154,483,667
191,372,348
242,938,511
315,016,176
443,548,985
488,031,354
505,405,759
666,473,693
752,101,333
919,420,179
1,169,007,966
1,378,641,974
1,409,365,566
1,409,365,5661,378,641,9741,169,007,966919,420,179752,101,333666,473,693505,405,759488,031,354443,548,985315,016,176242,938,511191,372,348154,483,667111,531,03180,815,38955,617,54940,053,66727,333,78116,853,86010,684,2436,221,4013,843,0352,101,3861,871,803
   > Total Current Assets 
273,520
439,553
1,314,913
1,111,620
2,198,021
2,230,969
2,756,890
6,084,591
11,554,687
15,623,980
19,806,162
35,229,013
35,443,604
17,520,939
30,555,645
69,254,133
105,385,094
76,975,866
39,909,198
27,934,760
158,313,437
266,678,449
294,047,962
308,628,766
308,628,766294,047,962266,678,449158,313,43727,934,76039,909,19876,975,866105,385,09469,254,13330,555,64517,520,93935,443,60435,229,01319,806,16215,623,98011,554,6876,084,5912,756,8902,230,9692,198,0211,111,6201,314,913439,553273,520
       Cash And Cash Equivalents 
273,520
439,553
1,314,913
1,111,620
1,641,465
2,224,591
2,751,305
6,081,010
9,867,029
15,620,700
12,590,046
16,449,827
35,255,927
17,317,630
27,611,986
33,972,417
47,619,452
38,544,484
39,265,257
27,527,820
27,817,656
31,306,390
39,945,905
42,265,766
42,265,76639,945,90531,306,39027,817,65627,527,82039,265,25738,544,48447,619,45233,972,41727,611,98617,317,63035,255,92716,449,82712,590,04615,620,7009,867,0296,081,0102,751,3052,224,5911,641,4651,111,6201,314,913439,553273,520
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
6,534,677
11,495,414
187,677
3,554,032
3,736,895
916,850
47,666,620
68,171,347
123,257,796
126,228,611
130,171,151
235,053,003
253,857,581
266,191,393
266,191,393253,857,581235,053,003130,171,151126,228,611123,257,79668,171,34747,666,620916,8503,736,8953,554,032187,67711,495,4146,534,6770000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,111,284
11,725,789
32,451,598
-203,888,691
-204,585,629
-191,490,768
-428,576,099
-551,148,088
-594,272,042
-568,873,170
-568,873,170-594,272,042-551,148,088-428,576,099-191,490,768-204,585,629-203,888,69132,451,59811,725,7893,111,28400000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,666,852
55,375,909
137,961,572
173,869,553
204,585,629
191,490,768
428,576,099
551,148,088
594,272,042
568,873,170
568,873,170594,272,042551,148,088428,576,099191,490,768204,585,629173,869,553137,961,57255,375,90913,666,85200000000000000
   > Long-term Assets 
192,769
1,661,833
2,528,123
5,109,781
8,486,222
14,622,891
24,576,891
33,969,076
44,062,862
65,191,409
91,724,869
119,254,654
137,033,409
225,417,572
284,460,531
374,294,852
382,646,260
428,429,893
436,659,163
500,040,730
526,365,837
740,371,710
909,189,379
980,110,680
980,110,680909,189,379740,371,710526,365,837500,040,730436,659,163428,429,893382,646,260374,294,852284,460,531225,417,572137,033,409119,254,65491,724,86965,191,40944,062,86233,969,07624,576,89114,622,8918,486,2225,109,7812,528,1231,661,833192,769
       Property Plant Equipment 
192,769
188,132
190,486
279,569
306,872
500,599
659,507
1,140,767
1,313,147
3,199,746
2,936,442
3,280,857
4,048,360
4,196,749
6,853,012
10,984,149
10,813,115
8,321,111
11,894,842
20,078,813
28,307,398
31,996,231
41,225,025
41,291,047
41,291,04741,225,02531,996,23128,307,39820,078,81311,894,8428,321,11110,813,11510,984,1496,853,0124,196,7494,048,3603,280,8572,936,4423,199,7461,313,1471,140,767659,507500,599306,872279,569190,486188,132192,769
       Goodwill 
0
0
183,377
533,719
505,952
478,185
228,185
228,185
228,185
364,845
303,647
303,647
303,647
303,647
770,353
668,517
668,517
762,041
768,597
731,297
719,110
722,365
723,948
719,253
719,253723,948722,365719,110731,297768,597762,041668,517668,517770,353303,647303,647303,647303,647364,845228,185228,185228,185478,185505,952533,719183,37700
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
233,716,412
288,585,021
292,319,985
306,673,604
420,910,924
472,595,958
495,435,500
705,151,787
984,947,341
925,437,928
925,437,928984,947,341705,151,787495,435,500472,595,958420,910,924306,673,604292,319,985288,585,021233,716,41200000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
261,408
261,408
264,791
428,686
738,087
1,633,659
1,227,865
883,357
1,897,867
3,702,559
261,976
261,408
261,408
261,408
261,408261,408261,408261,9763,702,5591,897,867883,3571,227,8651,633,659738,087428,686264,791261,408261,4080000000000
       Long-term Assets Other 
-192,769
1,473,702
2,154,260
4,296,492
7,542,196
13,219,888
23,370,603
32,246,749
1,742,567
4,606,217
13,902,046
11,086,540
-137,033,409
59,018,561
79,596,075
114,624,645
95,018,671
194,520,884
-436,659,163
-500,040,730
-526,365,837
-740,371,710
-909,189,379
-980,110,680
-980,110,680-909,189,379-740,371,710-526,365,837-500,040,730-436,659,163194,520,88495,018,671114,624,64579,596,07559,018,561-137,033,40911,086,54013,902,0464,606,2171,742,56732,246,74923,370,60313,219,8887,542,1964,296,4922,154,2601,473,702-192,769
> Total Liabilities 
116,823
1,146,093
396,473
555,682
7,682,870
13,430,553
23,910,536
34,471,026
47,521,867
73,576,142
96,193,202
136,001,794
174,498,301
221,946,094
291,165,339
392,210,469
416,232,721
438,403,095
584,752,995
671,705,552
825,363,215
1,052,394,907
1,265,186,014
1,310,679,386
1,310,679,3861,265,186,0141,052,394,907825,363,215671,705,552584,752,995438,403,095416,232,721392,210,469291,165,339221,946,094174,498,301136,001,79496,193,20273,576,14247,521,86734,471,02623,910,53613,430,5537,682,870555,682396,4731,146,093116,823
   > Total Current Liabilities 
0
13,231
0
0
16,900
10,344
37,470
56,141
1,132,388
59,246
9,334,015
4,909,100
2,855,056
8,688,616
15,123,132
61,663,071
63,155,606
45,606,603
51,537,075
51,925,425
46,119,629
42,543,450
61,684,655
43,134,626
43,134,62661,684,65542,543,45046,119,62951,925,42551,537,07545,606,60363,155,60661,663,07115,123,1328,688,6162,855,0564,909,1009,334,01559,2461,132,38856,14137,47010,34416,9000013,2310
       Short-term Debt 
0
8
0
0
0
0
0
0
0
0
6,606,088
0
0
0
300,000
1,920,856
21,371,153
35,778,416
44,413,759
42,742,506
33,020,357
29,568,970
48,350,574
30,067,302
30,067,30248,350,57429,568,97033,020,35742,742,50644,413,75935,778,41621,371,1531,920,856300,0000006,606,0880000000080
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
63,219,363
61,139,918
48,886,348
35,778,416
44,413,759
42,742,506
33,020,357
29,568,970
48,350,574
30,067,302
30,067,30248,350,57429,568,97033,020,35742,742,50644,413,75935,778,41648,886,34861,139,91863,219,36300000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
2,473,761
1,501,447
2,855,056
914,984
688,332
43,452,163
35,768,193
5,304,903
7,123,316
9,182,919
13,099,272
12,974,480
13,334,081
13,067,324
13,067,32413,334,08112,974,48013,099,2729,182,9197,123,3165,304,90335,768,19343,452,163688,332914,9842,855,0561,501,4472,473,7610000000000
       Other Current Liabilities 
0
13,224
0
0
0
0
0
0
1,132,388
0
254,166
3,407,653
-2,855,056
7,773,632
5,225,123
49,940,394
48,609,208
29,465,086
-51,537,075
-51,925,425
-46,119,629
-42,543,450
-61,684,655
-43,134,626
-43,134,626-61,684,655-42,543,450-46,119,629-51,925,425-51,537,07529,465,08648,609,20849,940,3945,225,1237,773,632-2,855,0563,407,653254,16601,132,38800000013,2240
   > Long-term Liabilities 
116,823
1,132,862
396,473
555,682
2,169,876
2,261,687
3,786,112
4,916,109
7,300,310
15,516,463
86,859,187
131,092,694
11,635,388
213,257,478
276,042,207
330,547,398
353,077,115
392,796,492
34,023,153
43,896,931
68,758,339
37,233,948
48,641,068
61,116,597
61,116,59748,641,06837,233,94868,758,33943,896,93134,023,153392,796,492353,077,115330,547,398276,042,207213,257,47811,635,388131,092,69486,859,18715,516,4637,300,3104,916,1093,786,1122,261,6872,169,876555,682396,4731,132,862116,823
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
199,085,954
251,870,829
284,297,328
323,255,830
424,870,681
483,617,868
602,843,145
800,554,378
989,661,720
1,028,885,710
1,028,885,710989,661,720800,554,378602,843,145483,617,868424,870,681323,255,830284,297,328251,870,829199,085,95400000000000000
> Total Stockholder Equity
543,847
955,293
2,298,301
2,556,114
2,678,600
2,642,460
2,507,158
4,178,319
5,685,626
4,596,619
10,296,711
12,712,387
11,434,696
13,836,769
19,847,235
40,700,250
59,728,005
56,169,062
66,440,426
65,729,909
76,307,604
90,647,452
88,066,832
75,505,986
75,505,98688,066,83290,647,45276,307,60465,729,90966,440,42656,169,06259,728,00540,700,25019,847,23513,836,76911,434,69612,712,38710,296,7114,596,6195,685,6264,178,3192,507,1582,642,4602,678,6002,556,1142,298,301955,293543,847
   Common Stock
601,000
44,687
63,619
66,267
66,407
66,585
66,824
70,313
70,764
71,086
85,103
85,181
85,264
85,294
85,294
27,291,104
40,771,408
40,771,408
40,771,408
40,771,408
40,771,408
40,771,408
40,771,408
40,771,408
40,771,40840,771,40840,771,40840,771,40840,771,40840,771,40840,771,40840,771,40827,291,10485,29485,29485,26485,18185,10371,08670,76470,31366,82466,58566,40766,26763,61944,687601,000
   Retained Earnings Total Equity000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-1,792,854
-8,789,581
-3,716,729
-10,695,229
-3,861,172
6,314,874
-2,341,840
-16,046,045
-16,046,045-2,341,8406,314,874-3,861,172-10,695,229-3,716,729-8,789,581-1,792,8540000000000000000
   Capital Surplus 000000000000000000000000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
-57,153
910,606
2,234,682
2,489,847
2,612,193
2,575,875
2,440,334
4,108,006
5,614,862
4,525,533
10,211,608
12,627,206
11,349,432
13,751,475
8,750,817
-1,566,489
4,707,349
3,032,150
4,707,156
4,707,219
35,536,196
49,876,044
0
34,734,578
34,734,578049,876,04435,536,1964,707,2194,707,1563,032,1504,707,349-1,566,4898,750,81713,751,47511,349,43212,627,20610,211,6084,525,5335,614,8624,108,0062,440,3342,575,8752,612,1932,489,8472,234,682910,606-57,153



Balance Sheet

Currency in HKD. All numbers in thousands.




Cash Flow

Currency in HKD. All numbers in thousands.




Income Statement

Currency in HKD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue301,018,345
Cost of Revenue--
Gross Profit301,018,345301,018,345
 
Operating Income (+$)
Gross Profit301,018,345
Operating Expense--304,026,870
Operating Income-3,008,525605,045,215
 
Operating Expense (+$)
Research Development-
Selling General Administrative31,026,823
Selling And Marketing Expenses-
Operating Expense-304,026,87031,026,823
 
Net Interest Income (+$)
Interest Income50,580,318
Interest Expense-3,123,440
Other Finance Cost-50,580,318
Net Interest Income-3,123,440
 
Pretax Income (+$)
Operating Income-3,008,525
Net Interest Income-3,123,440
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,498,272-4,773,574
EBIT - interestExpense = -6,131,965
-1,243,476
5,920,048
Interest Expense3,123,440
Earnings Before Interest and Taxes (EBIT)-3,008,5254,621,712
Earnings Before Interest and Taxes (EBITDA)407,940
 
After tax Income (+$)
Income Before Tax1,498,272
Tax Provision--4,040,084
Net Income From Continuing Ops5,538,3565,538,356
Net Income2,796,608
Net Income Applicable To Common Shares2,796,608
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses299,520,073
Total Other Income/Expenses Net1,765,0493,123,440
 

Technical Analysis of China Taiping Insurance Holdings Co Ltd ADR
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 China Taiping Insurance Holdings Co Ltd ADR. The general trend of China Taiping Insurance Holdings Co Ltd ADR is BEARISH 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 China Taiping Insurance Holdings Co Ltd ADR'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 China Taiping Insurance Holdings Co Ltd ADR.

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: 20.08 < 20.08 < 20.08.

The bearish price targets are: 20.08 > 20.08 > 20.08.

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China Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

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

Directionalities and relatives.

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

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

China Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR. The current macd is -0.54099988.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 China Taiping Insurance Holdings Co Ltd ADR price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for China Taiping Insurance Holdings Co Ltd ADR. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the China Taiping Insurance Holdings Co Ltd ADR price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
China Taiping Insurance Holdings Co Ltd ADR Daily Moving Average Convergence/Divergence (MACD) ChartChina Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR. The current adx is 96.49.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell China Taiping Insurance Holdings Co Ltd ADR shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
China Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR. The current sar is 24.15.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
China Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR. The current rsi is 0.01120358. The current phase is Oversold in bear market.

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

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
China Taiping Insurance Holdings Co Ltd ADR Daily Relative Strength Index (RSI) ChartChina Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -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 China Taiping Insurance Holdings Co Ltd ADR price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
China Taiping Insurance Holdings Co Ltd ADR Daily Stochastic Oscillator ChartChina Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR. The current cci is 66.67.

China Taiping Insurance Holdings Co Ltd ADR Daily Commodity Channel Index (CCI) ChartChina Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR. The current cmo is -99.99980072.

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

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
China Taiping Insurance Holdings Co Ltd ADR Daily Chande Momentum Oscillator (CMO) ChartChina Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR. The current willr is 0.

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
China Taiping Insurance Holdings Co Ltd ADR Daily Williams %R ChartChina Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR.

China Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR. The current atr is 0.04811283.

China Taiping Insurance Holdings Co Ltd ADR Daily Average True Range (ATR) ChartChina Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR. The current obv is -3,451.

China Taiping Insurance Holdings Co Ltd ADR Daily On-Balance Volume (OBV) ChartChina Taiping Insurance Holdings Co Ltd ADR 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 China Taiping Insurance Holdings Co Ltd ADR. The current mfi is 0.

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

  • MFI < 50: -1
  • MFI < 20: -1
China Taiping Insurance Holdings Co Ltd ADR Daily Money Flow Index (MFI) ChartChina Taiping Insurance Holdings Co Ltd ADR Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for China Taiping Insurance Holdings Co Ltd ADR.

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
2024-02-07DMI 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
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

China Taiping Insurance Holdings Co Ltd ADR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of China Taiping Insurance Holdings Co Ltd ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than500.011
Ma 20Greater thanMa 5020.080
Ma 50Greater thanMa 10022.566
Ma 100Greater thanMa 20025.208
OpenGreater thanClose20.080
Total0/5 (0.0%)
Penke

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