25 XP   0   0   10

Henderson Land
Buy, Hold or Sell?

Let's analyse Henderson Land together

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

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

Get notifications about Henderson Land

I send you an email if I find something interesting about Henderson Land.

Quick analysis of Henderson Land (30 sec.)










What can you expect buying and holding a share of Henderson Land? (30 sec.)

How much money do you get?

How much money do you get?
$0.92
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$9.11
Expected worth in 1 year
$8.37
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
$0.18
Return On Investment
6.4%

For what price can you sell your share?

Current Price per Share
$2.78
Expected price per share
$2.78 - $
How sure are you?
50%

1. Valuation of Henderson Land (5 min.)




Live pricePrice per Share (EOD)

$2.78

Intrinsic Value Per Share

$1.26 - $5.44

Total Value Per Share

$10.38 - $14.55

2. Growth of Henderson Land (5 min.)




Is Henderson Land growing?

Current yearPrevious yearGrowGrow %
How rich?$44.1b$45b-$898m-2.0%

How much money is Henderson Land making?

Current yearPrevious yearGrowGrow %
Making money$1.1b$1.6b-$505.5m-42.8%
Net Profit Margin36.2%56.1%--

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

3. Financial Health of Henderson Land (5 min.)




What can you expect buying and holding a share of Henderson Land? (5 min.)

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

What can you expect buying and holding a share of Henderson Land?

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

Speculation

The Price per Share of Henderson Land is $2.78. 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 Henderson Land.
  • 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 Henderson Land, 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 $9.11. Based on the TTM, the Book Value Change Per Share is $-0.19 per quarter. Based on the YOY, the Book Value Change Per Share is $0.53 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.23 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Henderson Land.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.248.8%0.248.8%0.3512.5%0.4315.3%0.5018.1%
Usd Book Value Change Per Share-0.19-6.7%-0.19-6.7%0.5319.0%0.258.8%0.3612.8%
Usd Dividend Per Share0.238.3%0.238.3%0.238.3%0.227.9%0.155.5%
Usd Total Gains Per Share0.041.6%0.041.6%0.7627.3%0.4616.7%0.5118.3%
Usd Price Per Share3.55-3.55-4.11-4.17-3.69-
Price to Earnings Ratio14.55-14.55-11.80-11.40-8.89-
Price-to-Total Gains Ratio79.66-79.66-5.42-22.56-18.54-
Price to Book Ratio0.39-0.39-0.44-0.47-0.49-
Price-to-Total Gains Ratio79.66-79.66-5.42-22.56-18.54-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.78
Number of shares359
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.230.22
Usd Book Value Change Per Share-0.190.25
Usd Total Gains Per Share0.040.46
Gains per Quarter (359 shares)16.00166.72
Gains per Year (359 shares)63.99666.88
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1330-26654314353657
2661-5331186287061324
3991-79918294210591991
41322-1066246125614122658
51652-1332310157017653325
61982-1598374188421173992
72313-1865438219824704659
82643-2131502251228235326
92973-2398566282631765993
103304-2664630314035296660

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%20.00.00.0100.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%19.01.00.095.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%

Fundamentals of Henderson Land

About Henderson Land

Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Hotel Room Operation, Other Businesses, and Utility and Energy segments. The Property Development segment develops and sells real estate properties. Its property portfolio primarily includes offices, shopping arcades, shopping malls, commercial complexes, and residential properties. The Property Leasing segment leases properties. The Department Stores and Supermarket-Cum-Stores Operations segment operates and manages department stores and supermarket-cum-stores. The Hotel Room Operation segment operates hotel properties. The Other Businesses segment operates and manages hotels; provides construction, finance, project management, property management, agency, and cleaning and security guard services; and trades in building materials. It also engages in food and beverage, and travel operations. The Utility and Energy segment is involved in production, distribution, and marketing gas; and water supply and environmentally friendly energy businesses. Henderson Land Development Company Limited was founded in 1976 and is headquartered in Central, Hong Kong. Henderson Land Development Company Limited is a subsidiary of Henderson Development Limited.

Fundamental data was last updated by Penke on 2024-03-10 00:18:03.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is 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 Henderson Land.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Henderson Land earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Henderson Land to the Real Estate - Diversified industry mean.
  • A Net Profit Margin of 36.2% means that $0.36 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Henderson Land:

  • The MRQ is 36.2%. The company is making a huge profit. +2
  • The TTM is 36.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ36.2%TTM36.2%0.0%
TTM36.2%YOY56.1%-19.9%
TTM36.2%5Y69.0%-32.8%
5Y69.0%10Y78.6%-9.6%
1.1.2. Return on Assets

Shows how efficient Henderson Land is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Henderson Land to the Real Estate - Diversified industry mean.
  • 1.7% Return on Assets means that Henderson Land generated $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Henderson Land:

  • The MRQ is 1.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.7%TTM1.7%0.0%
TTM1.7%YOY2.4%-0.7%
TTM1.7%5Y3.4%-1.7%
5Y3.4%10Y4.8%-1.3%
1.1.3. Return on Equity

Shows how efficient Henderson Land is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Henderson Land to the Real Estate - Diversified industry mean.
  • 2.8% Return on Equity means Henderson Land generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Henderson Land:

  • The MRQ is 2.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.8%TTM2.8%0.0%
TTM2.8%YOY3.9%-1.1%
TTM2.8%5Y5.0%-2.2%
5Y5.0%10Y6.6%-1.6%

1.2. Operating Efficiency of Henderson Land.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Henderson Land is operating .

  • Measures how much profit Henderson Land 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 Henderson Land to the Real Estate - Diversified industry mean.
  • An Operating Margin of 46.3% means the company generated $0.46  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Henderson Land:

  • The MRQ is 46.3%. The company is operating very efficient. +2
  • The TTM is 46.3%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ46.3%TTM46.3%0.0%
TTM46.3%YOY65.6%-19.3%
TTM46.3%5Y79.7%-33.4%
5Y79.7%10Y87.0%-7.3%
1.2.2. Operating Ratio

Measures how efficient Henderson Land is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Real Estate - Diversified industry mean).
  • An Operation Ratio of 0.74 means that the operating costs are $0.74 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Henderson Land:

  • The MRQ is 0.736. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.736. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.736TTM0.7360.000
TTM0.736YOY0.620+0.116
TTM0.7365Y0.607+0.129
5Y0.60710Y0.656-0.049

1.3. Liquidity of Henderson Land.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Henderson Land is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Real Estate - Diversified industry mean).
  • A Current Ratio of 2.06 means the company has $2.06 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Henderson Land:

  • The MRQ is 2.063. The company is able to pay all its short-term debts. +1
  • The TTM is 2.063. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.063TTM2.0630.000
TTM2.063YOY2.201-0.137
TTM2.0635Y2.176-0.112
5Y2.17610Y2.706-0.530
1.3.2. Quick Ratio

Measures if Henderson Land is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Henderson Land to the Real Estate - Diversified industry mean.
  • A Quick Ratio of 0.99 means the company can pay off $0.99 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Henderson Land:

  • The MRQ is 0.991. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.991. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.991TTM0.9910.000
TTM0.991YOY1.037-0.047
TTM0.9915Y0.960+0.030
5Y0.96010Y0.888+0.072

1.4. Solvency of Henderson Land.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Henderson Land assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Henderson Land to Real Estate - Diversified industry mean.
  • A Debt to Asset Ratio of 0.35 means that Henderson Land assets are financed with 34.9% credit (debt) and the remaining percentage (100% - 34.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Henderson Land:

  • The MRQ is 0.349. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.349. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.349TTM0.3490.000
TTM0.349YOY0.360-0.012
TTM0.3495Y0.310+0.038
5Y0.31010Y0.279+0.031
1.4.2. Debt to Equity Ratio

Measures if Henderson Land is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Henderson Land to the Real Estate - Diversified industry mean.
  • A Debt to Equity ratio of 56.3% means that company has $0.56 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Henderson Land:

  • The MRQ is 0.563. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.563. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.563TTM0.5630.000
TTM0.563YOY0.591-0.028
TTM0.5635Y0.469+0.094
5Y0.46910Y0.403+0.066

2. Market Valuation of Henderson Land

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 Henderson Land generates.

  • Above 15 is considered overpriced but always compare Henderson Land to the Real Estate - Diversified industry mean.
  • A PE ratio of 14.55 means the investor is paying $14.55 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Henderson Land:

  • The EOD is 11.398. Based on the earnings, the company is underpriced. +1
  • The MRQ is 14.555. Based on the earnings, the company is underpriced. +1
  • The TTM is 14.555. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD11.398MRQ14.555-3.157
MRQ14.555TTM14.5550.000
TTM14.555YOY11.799+2.756
TTM14.5555Y11.402+3.153
5Y11.40210Y8.889+2.512
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Henderson Land:

  • The EOD is 9.461. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 12.081. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 12.081. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD9.461MRQ12.081-2.620
MRQ12.081TTM12.0810.000
TTM12.081YOY227.277-215.196
TTM12.0815Y99.517-87.436
5Y99.51710Y13.165+86.351
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Henderson Land is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Real Estate - Diversified industry mean).
  • A PB ratio of 0.39 means the investor is paying $0.39 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Henderson Land:

  • The EOD is 0.305. Based on the equity, the company is cheap. +2
  • The MRQ is 0.390. Based on the equity, the company is cheap. +2
  • The TTM is 0.390. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.305MRQ0.390-0.085
MRQ0.390TTM0.3900.000
TTM0.390YOY0.442-0.052
TTM0.3905Y0.474-0.085
5Y0.47410Y0.488-0.013
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Henderson Land 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---0.186-0.1860%0.528-135%0.246-175%0.357-152%
Book Value Per Share--9.1129.1120%9.297-2%8.833+3%7.836+16%
Current Ratio--2.0632.0630%2.201-6%2.176-5%2.706-24%
Debt To Asset Ratio--0.3490.3490%0.360-3%0.310+12%0.279+25%
Debt To Equity Ratio--0.5630.5630%0.591-5%0.469+20%0.403+40%
Dividend Per Share--0.2300.2300%0.2300%0.219+5%0.153+50%
Eps--0.2440.2440%0.348-30%0.426-43%0.504-52%
Free Cash Flow Per Share--0.2940.2940%0.018+1525%0.126+133%0.053+458%
Free Cash Flow To Equity Per Share---0.269-0.2690%1.392-119%0.181-248%0.098-374%
Gross Profit Margin--0.8470.8470%0.921-8%0.913-7%0.927-9%
Intrinsic Value_10Y_max--5.437--------
Intrinsic Value_10Y_min--1.264--------
Intrinsic Value_1Y_max--0.248--------
Intrinsic Value_1Y_min--0.072--------
Intrinsic Value_3Y_max--0.972--------
Intrinsic Value_3Y_min--0.265--------
Intrinsic Value_5Y_max--1.968--------
Intrinsic Value_5Y_min--0.510--------
Market Cap13457979822.080-28%17185550000.00017185550000.0000%19896510000.000-14%20198007480.000-15%17866630187.309-4%
Net Profit Margin--0.3620.3620%0.561-36%0.690-48%0.786-54%
Operating Margin--0.4630.4630%0.656-29%0.797-42%0.870-47%
Operating Ratio--0.7360.7360%0.620+19%0.607+21%0.656+12%
Pb Ratio0.305-28%0.3900.3900%0.442-12%0.474-18%0.488-20%
Pe Ratio11.398-28%14.55514.5550%11.799+23%11.402+28%8.889+64%
Price Per Share2.780-28%3.5503.5500%4.110-14%4.172-15%3.691-4%
Price To Free Cash Flow Ratio9.461-28%12.08112.0810%227.277-95%99.517-88%13.165-8%
Price To Total Gains Ratio62.384-28%79.66479.6640%5.424+1369%22.557+253%18.536+330%
Quick Ratio--0.9910.9910%1.037-5%0.960+3%0.888+12%
Return On Assets--0.0170.0170%0.024-27%0.034-49%0.048-63%
Return On Equity--0.0280.0280%0.039-28%0.050-44%0.066-58%
Total Gains Per Share--0.0450.0450%0.758-94%0.464-90%0.510-91%
Usd Book Value--44110425600.00044110425600.0000%45008476200.000-2%42759528480.000+3%37934963460.000+16%
Usd Book Value Change Per Share---0.186-0.1860%0.528-135%0.246-175%0.357-152%
Usd Book Value Per Share--9.1129.1120%9.297-2%8.833+3%7.836+16%
Usd Dividend Per Share--0.2300.2300%0.2300%0.219+5%0.153+50%
Usd Eps--0.2440.2440%0.348-30%0.426-43%0.504-52%
Usd Free Cash Flow--1422541800.0001422541800.0000%87543000.000+1525%609963840.000+133%254845980.000+458%
Usd Free Cash Flow Per Share--0.2940.2940%0.018+1525%0.126+133%0.053+458%
Usd Free Cash Flow To Equity Per Share---0.269-0.2690%1.392-119%0.181-248%0.098-374%
Usd Market Cap13457979822.080-28%17185550000.00017185550000.0000%19896510000.000-14%20198007480.000-15%17866630187.309-4%
Usd Price Per Share2.780-28%3.5503.5500%4.110-14%4.172-15%3.691-4%
Usd Profit--1180744200.0001180744200.0000%1686321000.000-30%2064660120.000-43%2391802560.000-51%
Usd Revenue--3265417800.0003265417800.0000%3006750600.000+9%3073947840.000+6%3074689080.000+6%
Usd Total Gains Per Share--0.0450.0450%0.758-94%0.464-90%0.510-91%
 EOD+4 -4MRQTTM+0 -0YOY+10 -245Y+14 -2210Y+14 -22

3.2. Fundamental Score

Let's check the fundamental score of Henderson Land based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.398
Price to Book Ratio (EOD)Between0-10.305
Net Profit Margin (MRQ)Greater than00.362
Operating Margin (MRQ)Greater than00.463
Quick Ratio (MRQ)Greater than10.991
Current Ratio (MRQ)Greater than12.063
Debt to Asset Ratio (MRQ)Less than10.349
Debt to Equity Ratio (MRQ)Less than10.563
Return on Equity (MRQ)Greater than0.150.028
Return on Assets (MRQ)Greater than0.050.017
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Henderson Land based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.587
Ma 20Greater thanMa 502.780
Ma 50Greater thanMa 1002.746
Ma 100Greater thanMa 2002.749
OpenGreater thanClose2.780
Total3/5 (60.0%)



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
Total Other Income Expense Net 2,878,951-1,807,3481,071,603-1,002,20869,395363,591432,986-567,304-134,318



Latest Balance Sheet

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

Summary
Total Assets529,790,000
Total Liabilities184,638,000
Total Stockholder Equity327,948,000
 As reported
Total Liabilities 184,638,000
Total Stockholder Equity+ 327,948,000
Total Assets = 529,790,000

Assets

Total Assets529,790,000
Total Current Assets124,766,000
Long-term Assets405,024,000
Total Current Assets
Cash And Cash Equivalents 11,295,000
Short-term Investments 450,000
Net Receivables 47,707,000
Inventory 97,258,000
Total Current Assets  (as reported)124,766,000
Total Current Assets  (calculated)156,710,000
+/- 31,944,000
Long-term Assets
Property Plant Equipment 5,355,000
Goodwill 262,000
Intangible Assets 102,000
Long-term Assets Other 261,789,000
Long-term Assets  (as reported)405,024,000
Long-term Assets  (calculated)267,508,000
+/- 137,516,000

Liabilities & Shareholders' Equity

Total Current Liabilities60,474,000
Long-term Liabilities124,164,000
Total Stockholder Equity327,948,000
Total Current Liabilities
Short-term Debt 30,905,000
Short Long Term Debt 30,653,000
Accounts payable 8,581,000
Other Current Liabilities 17,074,000
Total Current Liabilities  (as reported)60,474,000
Total Current Liabilities  (calculated)87,213,000
+/- 26,739,000
Long-term Liabilities
Long term Debt 56,874,000
Capital Lease Obligations 809,000
Other Liabilities 9,146,000
Long-term Liabilities  (as reported)124,164,000
Long-term Liabilities  (calculated)66,829,000
+/- 57,335,000
Total Stockholder Equity
Common Stock52,345,000
Retained Earnings 276,766,000
Accumulated Other Comprehensive Income -1,163,000
Total Stockholder Equity (as reported)327,948,000
Total Stockholder Equity (calculated)327,948,000
+/-0
Other
Capital Stock52,345,000
Cash and Short Term Investments 11,745,000
Common Stock Shares Outstanding 4,841,000
Current Deferred Revenue3,914,000
Liabilities and Stockholders Equity 529,790,000
Net Debt 77,041,000
Net Invested Capital 415,475,000
Net Tangible Assets 327,584,000
Net Working Capital 64,292,000
Property Plant and Equipment Gross 9,225,000
Short Long Term Debt Total 88,336,000



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-31
> Total Assets 
85,117,934
94,462,499
106,094,952
125,923,300
132,896,500
174,914,000
191,242,000
230,312,000
262,470,000
281,557,000
304,114,000
316,980,000
336,269,000
355,498,000
411,592,000
441,106,000
455,245,000
461,087,000
550,304,000
529,790,000
529,790,000550,304,000461,087,000455,245,000441,106,000411,592,000355,498,000336,269,000316,980,000304,114,000281,557,000262,470,000230,312,000191,242,000174,914,000132,896,500125,923,300106,094,95294,462,49985,117,934
   > Total Current Assets 
22,217,331
21,774,073
27,369,494
34,052,900
44,950,100
63,365,000
65,567,000
82,055,000
100,496,000
102,252,000
109,148,000
106,106,000
109,259,000
117,976,000
121,726,000
134,179,000
128,750,000
125,063,000
139,177,000
124,766,000
124,766,000139,177,000125,063,000128,750,000134,179,000121,726,000117,976,000109,259,000106,106,000109,148,000102,252,000100,496,00082,055,00065,567,00063,365,00044,950,10034,052,90027,369,49421,774,07322,217,331
       Cash And Cash Equivalents 
2,362,589
3,782,850
4,335,458
7,638,900
9,587,600
15,829,000
10,571,000
9,916,000
19,364,000
12,456,000
13,634,000
9,968,000
8,471,000
12,839,000
20,864,000
12,899,000
10,734,000
6,026,000
10,947,000
11,295,000
11,295,00010,947,0006,026,00010,734,00012,899,00020,864,00012,839,0008,471,0009,968,00013,634,00012,456,00019,364,0009,916,00010,571,00015,829,0009,587,6007,638,9004,335,4583,782,8502,362,589
       Short-term Investments 
211,269
41,096
0
0
0
0
0
0
0
0
178,000
247,000
928,000
7,432,000
1,139,000
3,694,000
196,000
326,000
388,000
450,000
450,000388,000326,000196,0003,694,0001,139,0007,432,000928,000247,000178,0000000000041,096211,269
       Net Receivables 
8,361,547
7,043,910
16,229,809
3,386,200
3,945,100
5,072,000
7,561,000
4,497,000
4,495,000
0
7,415,000
10,327,000
13,484,000
16,566,000
17,368,000
15,002,000
53,322,000
54,514,000
53,890,000
47,707,000
47,707,00053,890,00054,514,00053,322,00015,002,00017,368,00016,566,00013,484,00010,327,0007,415,00004,495,0004,497,0007,561,0005,072,0003,945,1003,386,20016,229,8097,043,9108,361,547
       Inventory 
48,549
47,550
46,783
21,036,000
29,382,800
37,624,000
41,541,000
60,717,000
68,204,000
76,403,000
80,233,000
80,101,000
81,556,000
75,242,000
73,602,000
97,177,000
100,495,000
101,059,000
109,180,000
97,258,000
97,258,000109,180,000101,059,000100,495,00097,177,00073,602,00075,242,00081,556,00080,101,00080,233,00076,403,00068,204,00060,717,00041,541,00037,624,00029,382,80021,036,00046,78347,55048,549
       Other Current Assets 
11,233,377
10,858,667
6,757,444
1,991,800
2,034,600
4,840,000
5,894,000
6,925,000
8,433,000
0
7,547,000
5,463,000
4,820,000
5,897,000
4,066,000
5,256,000
-164,747,000
-161,706,000
-174,405,000
-156,710,000
-156,710,000-174,405,000-161,706,000-164,747,0005,256,0004,066,0005,897,0004,820,0005,463,0007,547,00008,433,0006,925,0005,894,0004,840,0002,034,6001,991,8006,757,44410,858,66711,233,377
   > Long-term Assets 
62,900,603
72,688,426
78,725,458
91,870,400
87,946,400
111,549,000
125,675,000
148,257,000
161,974,000
179,305,000
194,966,000
210,874,000
227,010,000
237,522,000
289,866,000
306,927,000
326,495,000
336,024,000
411,127,000
405,024,000
405,024,000411,127,000336,024,000326,495,000306,927,000289,866,000237,522,000227,010,000210,874,000194,966,000179,305,000161,974,000148,257,000125,675,000111,549,00087,946,40091,870,40078,725,45872,688,42662,900,603
       Property Plant Equipment 
5,950,553
6,980,007
3,504,023
56,868,000
2,834,100
60,918,000
69,320,000
2,241,000
3,787,000
2,563,000
1,941,000
1,869,000
1,692,000
1,419,000
350,000
370,000
840,000
1,150,000
5,106,000
5,355,000
5,355,0005,106,0001,150,000840,000370,000350,0001,419,0001,692,0001,869,0001,941,0002,563,0003,787,0002,241,00069,320,00060,918,0002,834,10056,868,0003,504,0236,980,0075,950,553
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
262,000
262,000
262,000
262,000
262,000
262,000262,000262,000262,000262,000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
82,519,000
105,258,892
92,073,000
96,820,000
108,001,000
116,723,000
142,014,000
0
0
0
000142,014,000116,723,000108,001,00096,820,00092,073,000105,258,89282,519,0000000000000
       Intangible Assets 
0
0
0
171,100
178,900
0
508,000
479,000
454,000
415,000
394,000
361,000
0
0
0
0
262,000
262,000
106,000
102,000
102,000106,000262,000262,0000000361,000394,000415,000454,000479,000508,0000178,900171,100000
       Long-term Assets Other 
35,631,201
38,360,520
74,985,817
34,668,100
84,824,500
50,502,000
55,691,000
144,996,000
157,060,000
175,523,000
220,352,000
242,000,000
133,173,000
145,927,000
182,326,000
180,453,000
183,612,000
188,238,000
261,398,000
261,789,000
261,789,000261,398,000188,238,000183,612,000180,453,000182,326,000145,927,000133,173,000242,000,000220,352,000175,523,000157,060,000144,996,00055,691,00050,502,00084,824,50034,668,10074,985,81738,360,52035,631,201
> Total Liabilities 
18,961,515
19,716,464
24,931,057
32,140,400
32,152,900
50,716,000
53,732,000
65,889,000
72,545,000
71,656,000
76,114,000
73,763,000
80,000,000
86,197,000
112,980,000
123,114,000
129,852,000
128,895,000
198,125,000
184,638,000
184,638,000198,125,000128,895,000129,852,000123,114,000112,980,00086,197,00080,000,00073,763,00076,114,00071,656,00072,545,00065,889,00053,732,00050,716,00032,152,90032,140,40024,931,05719,716,46418,961,515
   > Total Current Liabilities 
4,381,113
3,852,945
6,015,734
10,565,800
8,141,500
8,775,000
10,969,000
14,061,000
29,527,000
19,495,000
25,419,000
32,240,000
32,304,000
42,461,000
49,998,000
62,314,000
59,165,000
54,736,000
63,247,000
60,474,000
60,474,00063,247,00054,736,00059,165,00062,314,00049,998,00042,461,00032,304,00032,240,00025,419,00019,495,00029,527,00014,061,00010,969,0008,775,0008,141,50010,565,8006,015,7343,852,9454,381,113
       Short-term Debt 
1,545,142
1,249,053
3,286,178
7,029,200
3,007,400
3,307,000
4,858,000
7,516,000
19,699,000
2,826,000
7,418,000
13,590,000
12,408,000
20,152,000
24,675,000
33,021,000
29,484,000
29,670,000
32,074,000
30,905,000
30,905,00032,074,00029,670,00029,484,00033,021,00024,675,00020,152,00012,408,00013,590,0007,418,0002,826,00019,699,0007,516,0004,858,0003,307,0003,007,4007,029,2003,286,1781,249,0531,545,142
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
53,257,000
16,829,180
12,413,000
20,152,000
24,675,000
33,021,000
29,252,000
29,332,000
31,784,000
30,653,000
30,653,00031,784,00029,332,00029,252,00033,021,00024,675,00020,152,00012,413,00016,829,18053,257,0000000000000
       Accounts payable 
1,434,572
1,681,104
1,735,679
2,730,100
4,397,000
4,589,000
5,359,000
5,812,000
9,030,000
6,033,000
7,870,000
8,505,000
8,484,000
7,748,000
7,606,000
6,217,000
6,409,000
6,182,000
8,582,000
8,581,000
8,581,0008,582,0006,182,0006,409,0006,217,0007,606,0007,748,0008,484,0008,505,0007,870,0006,033,0009,030,0005,812,0005,359,0004,589,0004,397,0002,730,1001,735,6791,681,1041,434,572
       Other Current Liabilities 
1,401,399
922,788
993,877
806,500
737,100
879,000
752,000
733,000
798,000
10,636,000
10,131,000
10,145,000
11,412,000
14,561,000
17,717,000
23,076,000
8,373,000
10,295,000
16,451,000
17,074,000
17,074,00016,451,00010,295,0008,373,00023,076,00017,717,00014,561,00011,412,00010,145,00010,131,00010,636,000798,000733,000752,000879,000737,100806,500993,877922,7881,401,399
   > Long-term Liabilities 
14,580,402
15,863,519
18,915,323
21,574,600
24,011,400
41,941,000
42,763,000
51,828,000
43,018,000
52,161,000
50,695,000
41,523,000
47,696,000
43,736,000
62,982,000
60,800,000
70,687,000
74,159,000
134,878,000
124,164,000
124,164,000134,878,00074,159,00070,687,00060,800,00062,982,00043,736,00047,696,00041,523,00050,695,00052,161,00043,018,00051,828,00042,763,00041,941,00024,011,40021,574,60018,915,32315,863,51914,580,402
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
6,156,000
7,653,037
6,243,000
6,582,000
6,618,000
6,815,000
6,927,000
7,921,000
9,897,000
9,146,000
9,146,0009,897,0007,921,0006,927,0006,815,0006,618,0006,582,0006,243,0007,653,0376,156,0000000000000
> Total Stockholder Equity
39,701,619
47,726,877
66,698,980
77,964,100
92,219,100
121,220,000
133,127,000
159,038,000
185,336,000
205,212,000
223,402,000
238,150,000
251,247,000
263,534,000
293,125,000
313,153,000
320,851,000
327,607,000
335,020,000
327,948,000
327,948,000335,020,000327,607,000320,851,000313,153,000293,125,000263,534,000251,247,000238,150,000223,402,000205,212,000185,336,000159,038,000133,127,000121,220,00092,219,10077,964,10066,698,98047,726,87739,701,619
   Common Stock
3,444,280
3,629,160
3,629,160
0
3,885,200
4,294,000
4,294,000
4,352,000
4,738,000
4,830,000
5,398,000
52,010,000
52,345,000
52,345,000
52,345,000
52,345,000
52,345,000
52,345,000
52,345,000
52,345,000
52,345,00052,345,00052,345,00052,345,00052,345,00052,345,00052,345,00052,345,00052,010,0005,398,0004,830,0004,738,0004,352,0004,294,0004,294,0003,885,20003,629,1603,629,1603,444,280
   Retained Earnings 
30,934,838
32,540,800
0
0
70,540,600
0
0
0
0
0
164,030,000
178,065,000
195,592,000
212,345,000
236,287,000
261,165,000
270,044,000
271,554,000
276,270,000
276,766,000
276,766,000276,270,000271,554,000270,044,000261,165,000236,287,000212,345,000195,592,000178,065,000164,030,0000000070,540,6000032,540,80030,934,838
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
5,322,501
11,556,917
63,069,820
0
17,793,300
116,926,000
128,833,000
154,686,000
180,598,000
200,382,000
53,974,000
8,075,000
3,310,000
-1,156,000
240,780,000
260,808,000
268,506,000
275,262,000
282,675,000
275,603,000
275,603,000282,675,000275,262,000268,506,000260,808,000240,780,000-1,156,0003,310,0008,075,00053,974,000200,382,000180,598,000154,686,000128,833,000116,926,00017,793,300063,069,82011,556,9175,322,501



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 (+$)
totalRevenue25,551,000
Cost of Revenue-15,179,000
Gross Profit10,372,00010,372,000
 
Operating Income (+$)
Gross Profit10,372,000
Operating Expense-3,619,000
Operating Income11,831,0006,753,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative2,328,000
Selling And Marketing Expenses1,409,000
Operating Expense3,619,0003,737,000
 
Net Interest Income (+$)
Interest Income204,000
Interest Expense-1,106,000
Other Finance Cost-131,000
Net Interest Income-1,033,000
 
Pretax Income (+$)
Operating Income11,831,000
Net Interest Income-1,033,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)10,780,00012,882,000
EBIT - interestExpense = 10,725,000
10,516,000
10,345,000
Interest Expense1,106,000
Earnings Before Interest and Taxes (EBIT)11,831,00011,886,000
Earnings Before Interest and Taxes (EBITDA)12,371,000
 
After tax Income (+$)
Income Before Tax10,780,000
Tax Provision-1,277,000
Net Income From Continuing Ops9,503,0009,503,000
Net Income9,239,000
Net Income Applicable To Common Shares9,239,000
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses18,798,000
Total Other Income/Expenses Net-1,051,0001,033,000
 

Technical Analysis of Henderson Land
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 Henderson Land. The general trend of Henderson Land is BULLISH with 28.6% 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 Henderson Land'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 (28.6%) Bearish trend (-28.6%)
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 Henderson Land.

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: < < .

The bearish price targets are: 2.78 > 2.78 > 2.78.

Tweet this
Henderson Land 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 Henderson Land. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

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

Directionalities and relatives.

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

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

Henderson Land 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 Henderson Land. The current macd is 0.00861521.

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 Henderson Land price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Henderson Land. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Henderson Land price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Henderson Land Daily Moving Average Convergence/Divergence (MACD) ChartHenderson Land 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 Henderson Land. The current adx is 21.72.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Henderson Land shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Henderson Land 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 Henderson Land. The current sar is 2.65737813.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Henderson Land 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 Henderson Land. The current rsi is 59.59. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Henderson Land Daily Relative Strength Index (RSI) ChartHenderson Land 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 Henderson Land. The current phase is Oversold in bull 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 Henderson Land price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Henderson Land Daily Stochastic Oscillator ChartHenderson Land 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 Henderson Land. The current cci is -66.66666667.

Henderson Land Daily Commodity Channel Index (CCI) ChartHenderson Land 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 Henderson Land. The current cmo is 42.48.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Henderson Land Daily Chande Momentum Oscillator (CMO) ChartHenderson Land 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 Henderson Land. 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
Henderson Land Daily Williams %R ChartHenderson Land 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 Henderson Land.

Henderson Land 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 Henderson Land. The current atr is 0.00479258.

Henderson Land Daily Average True Range (ATR) ChartHenderson Land 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 Henderson Land. The current obv is -225,434.

Henderson Land Daily On-Balance Volume (OBV) ChartHenderson Land 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 Henderson Land. 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
Henderson Land Daily Money Flow Index (MFI) ChartHenderson Land Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Henderson Land.

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
2023-11-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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
2023-12-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-05RSI SHORT ENTRY LONG CLOSE70 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).
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D 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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-19DMI 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
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
2024-01-26MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-29DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Henderson Land Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Henderson Land based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.587
Ma 20Greater thanMa 502.780
Ma 50Greater thanMa 1002.746
Ma 100Greater thanMa 2002.749
OpenGreater thanClose2.780
Total3/5 (60.0%)
Penke

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

  • Share my analysis of Henderson Land with someone you think should read this too:
  • Are you bullish or bearish on Henderson Land? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Henderson Land? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Henderson Land

I send you an email if I find something interesting about Henderson Land.


Comments

How you think about this?

Leave a comment

Stay informed about Henderson Land.

Receive notifications about Henderson Land in your mailbox!