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Smartkarma Newswire

Earnings Analysis: Avic Aircraft Co Ltd A (000768) Posts 1Q Net Income of 272.5M Yuan Amid Rising Revenue

By | Earnings Alerts
  • AVIC AIRCRAFT recorded a net income of 272.5 million Yuan in the first quarter.
  • The company’s revenue in the first quarter stood at 8.46 billion Yuan.
  • The company enjoys a strong investor confidence with 16 buys, 0 holds and 0 sells.

A look at Avic Aircraft Co Ltd A Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

AVIC Aircraft Co., Ltd., a company specializing in manufacturing large and mid-size aircraft components and aluminum materials, has been assessed using Smartkarma Smart Scores. The company has received a favorable outlook with high scores in Growth, Resilience, and Momentum, indicating a positive long-term trajectory. With a solid foundation in producing aircraft components and materials, AVIC Aircraft Co., Ltd. stands to benefit from its growth potential, resilience to market fluctuations, and positive momentum in its operations.

Despite moderate scores in Value and Dividend factors, AVIC Aircraft Co., Ltd. remains well-positioned for future success based on its strengths in growth, resilience, and momentum. With a focus on manufacturing essential components for leading aircraft models like Boeing 737 and 747, as well as ATR-42, along with diversification into decorating materials and automobile parts, the company demonstrates a robust business model poised for continued expansion and stability in the aviation industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Zoomlion Heavy Industry S A (000157) Earnings: Remarkable 13% Year-over-Year Increase in 1Q Net Income

By | Earnings Alerts
  • Zoomlion’s net income for the first quarter stood at 915.8 million Yuan. This represents a 13% year-on-year increase from 810 million Yuan.
  • The revenue for the quarter was 11.8 billion Yuan, also up by 13% compared to the prior-year period.
  • Earnings per share (EPS) stood at 11 RMB cents, showcasing one RMB cent increase from the previous year’s 10 RMB cents.
  • Zoomlion’s stocks have received 10 buys, and 3 holds from market analysts. Importantly, no sell ratings have been registered.
  • These comparisons have been made based on values reported by the company from their original disclosures.

A look at Zoomlion Heavy Industry S A Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Zoomlion Heavy Industry S A, a leading manufacturer of construction machinery, demonstrates a strong long-term outlook based on the Smartkarma Smart Scores. With an impressive perfect score of 5 in the Dividend category and a solid score of 4 in Value, the company showcases financial strength and reliability in providing returns to its investors. Additionally, with a high score of 5 in Momentum, Zoomlion is exhibiting positive market performance and investor interest.

The company’s focus on innovation and development is reflected in its respectable score of 3 in Growth. While facing challenges in the Resilience category with a score of 2, Zoomlion’s diversified product range including concrete machinery, cranes, road machinery, and environmental equipment positions it well for sustainable growth and market competitiveness in the construction industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Hundsun Technologies Inc A (600570) Earnings: Unexpected 1Q Net Loss Misses Analysts’ Estimates

By | Earnings Alerts
  • Hundsun Tech reported a net loss of 36.1 million yuan in the first quarter.
  • This performance missed the estimated profit of 140 million yuan, based on 2 estimates.
  • The company generated revenue of 1.19 billion yuan during the same period.
  • The loss per share was 2.0 RMB cents, considerably distant from the estimated earnings per share (EPS) of 5.9 RMB cents.
  • Nonetheless, the company still has a favorable evaluation among analysts, with 29 buying positions, 2 hold positions, and no sell positions.

A look at Hundsun Technologies Inc A Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Hundsun Technologies Inc A, the company seems to have a positive long-term outlook. With a strong score of 4 for Growth and a top score of 5 for Resilience, Hundsun Technologies Inc A appears well-positioned for future expansion and ability to weather market fluctuations. The company’s emphasis on developing application software for various industries and providing system integration services could contribute to its growth potential.

Hundsun Technologies Inc A also scored moderately well in Value and Dividend, with scores of 2 for each, indicating stability in its financial performance. The Momentum score of 3 suggests some room for improvement in terms of market momentum. Overall, based on the Smartkarma Smart Scores, Hundsun Technologies Inc A appears to be a company with solid growth prospects and resilience in the face of market challenges.

### Hundsun Technologies Inc develops application software for security firms, commercial banks, fund management firms, and other industries. The Company also sells computer hardware and provides system integration services. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Analyzing China Galaxy Securities (6881) Earnings: 1Q Net Income Drops by 27% YoY

By | Earnings Alerts
  • China Galaxy Securities reported a net income of 1.63 billion yuan in the first quarter, showing a 27% decrease compared to the previous year.
  • There was a 17% year-over-year decrease in the company’s revenue, landing at 7.21 billion yuan.
  • The basic earnings per share (EPS) amounted to 12 RMB cents.
  • Analyzing the figures, there are 9 sentiments leaning towards buying, 3 remain neutral with a hold position, while 1 suggests selling.
  • The comparisons that are stated with the previous year’s results are based on the values reported directly from the company’s original disclosures.

A look at China Galaxy Securities (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience5
Momentum5
OVERALL SMART SCORE4.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Galaxy Securities (H) is poised for a promising long-term outlook, according to the Smartkarma Smart Scores. With top-notch ratings in Value, Dividend, Resilience, and Momentum, the company demonstrates strength across multiple key factors. This solid foundation in various aspects bodes well for its future performance and sustainability.

Despite a slightly lower score in Growth, China Galaxy Securities (H) shines in terms of Value, Dividend, Resilience, and Momentum. As a leading provider of securities services in China, the company’s robust performance across these essential metrics positions it favorably for long-term success in the competitive financial landscape.

Summary: China Galaxy Securities Co., Ltd. offers securities services including underwriting, brokerage, investment advisory, and transaction services throughout China.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Orient Securities (600958) Posts Stellar 1Q Earnings: Net Income Registers at 886.2M Yuan Amidst 6 Buys and 1 Sell

By | Earnings Alerts
  • Orient Securities reported a net income of 886.2 million Yuan in the first quarter.
  • The revenue generated in this period amounted to 3.61 billion Yuan.
  • The company received positive feedback from the market with 6 buys, 0 holds, and only 1 sell.

A look at Orient Securities Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts utilizing the Smartkarma Smart Scores to assess Orient Securities‘ long-term outlook have highlighted a mix of positive and moderate signals. With a top-notch Value score of 5, the company is perceived as potentially undervalued, offering an attractive investment proposition. Its Dividend score of 4 indicates a strong likelihood of consistent dividend payouts, appealing to income-focused investors. While Growth and Resilience scores stand at 3 and 2 respectively, suggesting room for improvement, Orient Securities shines in terms of Momentum with a score of 4, signifying favorable market sentiment and potential upward movement in stock price.

Orient Securities Company Ltd. of China (DFZQ) is in the business of providing investment advisory and brokerage services, catering to both individual and institutional investors across equity and fixed income portfolios. With an overall positive outlook reflected in its Smart Scores, particularly in Value and Dividend factors, the company appears well-positioned to deliver long-term value to investors seeking a balance of stability and growth in the dynamic market environment.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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PetroChina (857) Earnings Surpass Estimates, Sees 1Q Revenue Boost and Robust Operational Profits

By | Earnings Alerts
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  • PetroChina‘s first quarter revenue was 812.18 billion yuan, surpassing the estimated 742.12 billion yuan.
  • The company reported International Financial Reporting Standards (IFRS) net of 45.68 billion yuan.
  • Net income was equal to the IFRS net at 45.68 billion yuan.
  • The capital expenditure for the quarter stood at 55.97 billion yuan.
  • PetroChina pumped out 239.6 million barrels of crude during this period.
  • The natural gas output is reported at 1.34 trillion cubic feet.
  • For each barrel of crude, the realized price stood at $75.41.
  • Profit from operations was 64.54 billion yuan.
  • Marketing profit was reported at 6.76 billion yuan.
  • Earnings per share (EPS) was 25 RMB cents.
  • Among analysts, 18 recommend buying PetroChina‘s stock, 2 suggest holding, while 1 advises selling.

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PetroChina on Smartkarma

Analyst coverage of PetroChina on Smartkarma has been notable recently, with a report titled “PetroChina (857 HK): An Interesting Contrarian View” by Osbert Tang, CFA. The report raises doubts about PetroChina‘s sustainability of good performance in 2024. It points to historical patterns, over-aggressive growth forecasts, and potential underperformance tied to crude oil prices as reasons for concern. The report argues that PetroChina has not historically been able to sustain as one of HSI’s best-performing stocks for two consecutive years, casting doubt on consensus growth forecasts for FY24-25. It highlights the disparity between the crude oil price and PetroChina‘s share price, indicating a potential risk of underperformance if the historical correlation between the two is re-established.


A look at PetroChina Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE4.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, PetroChina has received top marks across various factors essential for long-term success. With a perfect score of 5 in Value, Dividend, Growth, and Momentum, PetroChina showcases strength in its financials, growth potential, and market performance. Additionally, despite receiving a slightly lower score of 3 in Resilience, the company’s overall outlook remains positive and robust.

PetroChina Company Limited is a leading player in the exploration, production, and distribution of crude oil and natural gas. Alongside refining, chemical production, and natural gas sales, PetroChina‘s diversified operations contribute to its solid performance across key metrics. Supported by high scores in crucial areas, PetroChina‘s long-term prospects appear promising and well-positioned for sustained success in the energy industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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BOC Hong Kong (BOC HK) (2388) Earnings Analysis: 1Q Net Operating Income Before Impairment Hits HK$17.79B

By | Earnings Alerts
  • BOCHK reported a net operating income before impairment of HK$17.79 billion.
  • The operating profit before impairment allowances stood at HK$13.81 billion.
  • The organization’s operating expenses were accounted for HK$3.99 billion.
  • Net interest income was recorded at HK$14.30 billion.
  • The net interest margin was calculated at 1.61%.
  • A total of 12 buys were recorded, along with 2 holds, and no sells.

A look at BOC Hong Kong (BOC HK) Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

BOC Hong Kong (Holdings) Limited, a leading financial institution, has been assessed utilizing the Smartkarma Smart Scores. With a diverse range of financial products and services catered to both retail and corporate clients, the company’s outlook is promising. While it shows strength in areas such as dividend and growth potential, there are areas of improvement for resilience. However, with a solid momentum score, BOC Hong Kong (BOC HK) is positioned for continued success in the long term.

As a provider of retail banking, corporate banking, and treasury services in Hong Kong and China, BOC Hong Kong (BOC HK) has built a reputation for its financial stability and growth prospects. The high scores in dividend and growth suggest a profitable future, while the valuation score indicates a fair market value. Although there are challenges in resilience, the strong momentum score signifies positive market sentiment. Overall, with a robust overall outlook, BOC Hong Kong (BOC HK) is poised to thrive in the financial industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Outstanding 1Q Earnings: Agricultural Bank of China (1288) Exceeds Net Interest Income Estimates

By | Earnings Alerts
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  • `AgBank’s 1Q net interest income has surpassed estimates, reaching 144.54 billion yuan compared to an estimate of 141.74 billion yuan. `
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  • `The bank’s net interest margin is reported to be at 1.44%. `
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  • `AgBank’s net income for the first quarter is stated as 70.39 billion yuan. `
  • `

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  • `Net fee and commission income fell just short of estimates, landing at 29.04 billion yuan versus the estimated 31.51 billion yuan. `
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  • `Non-performing loans are currently valued at 315.33 billion yuan. `
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  • `The coverage ratio for non-performing loans stands high at 303.2%. `
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  • `In terms of recommendations, AgBank received 20 buys, 4 holds, and 1 sell. `
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A look at Agricultural Bank Of China Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Agricultural Bank of China presents a strong long-term outlook. With top scores in Value and Dividend factors, the company showcases solid financial health and commitment to rewarding its investors. Additionally, a high Momentum score suggests positive market sentiment and potential for continued growth in the near future.

However, the company’s slightly lower Resilience score indicates some vulnerability to economic fluctuations or industry challenges. While its Growth score is positive, it falls slightly below the top scores in other areas. Overall, Agricultural Bank of China’s diverse range of banking services positions it well in the market, supported by its strong value proposition and consistent dividend payouts.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Shanghai International Port Group (600018) Earnings Report: Stellar 1Q Net Income of 3.70B Yuan, Boosting Revenue to 8.95 Billion Yuan

By | Earnings Alerts

• Shanghai Port reported a net income of 3.70 billion yuan in the first quarter of 2024.

• The company garnered revenue amounting to 8.95 billion yuan during the same period.

• There seems to be a mixed sentiment among investors, with 3 buys, 0 holds, and 3 sells.


A look at Shanghai International Port Group Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Shanghai International Port (Group) Co., Ltd, a holding company with investments in container and port services, seems to have a promising long-term outlook based on the Smartkarma Smart Scores. With top marks in Value and Momentum, the company is positioned well for growth and potential investment returns. A strong emphasis on dividends and growth, with solid resilience in the face of market challenges, further bolsters its standing. While not the highest in Resilience, the overall scores indicate a positive outlook for Shanghai International Port Group.

In summary, Shanghai International Port Group, as indicated by its Smartkarma Smart Scores, showcases a robust performance across various key factors essential for long-term success. With strong emphasis on value, dividends, growth, and momentum, the company is positioned favorably in the container and port service industry. While facing some challenges in resilience, the overall outlook appears positive, making it a potential attractive choice for investors seeking opportunities in this sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Assessing 1Q Earnings: Net Income and Revenue Highlights for China Communications Construction (1800)

By | Earnings Alerts
  • China Comm Cons reports a net income of 6.14 billion yuan in the first quarter.

  • The total revenue accounted for 176.90 billion yuan in the same quarter.

  • Earnings per share (EPS) stood at 36 RMB cents during the first quarter.

  • Nine buys, one hold and zero sells were recorded.


China Communications Construction on Smartkarma

Analyst Coverage of China Communications Construction on Smartkarma

On Smartkarma, analyst Osbert Tang, CFA, recently published research on China Communications Construction (1800 HK), providing a positive outlook on the company. In the report titled “China Comm Const (1800 HK): A Nice Surprise,” Tang highlights that CCCC expects faster new contract and revenue growth for FY24, driven by strategic industries and overseas markets. With a strong contract backlog and improved cash flow, the company aims to narrow its discount to book value. The end-FY23 contract backlog of Rmb3.45trn covering 4.1x of FY24F revenue indicates a secured revenue stream over the coming years.

In another bullish report by Osbert Tang, CFA, titled “China Comm Const (1800 HK): New Contracts Gathering Steam,” the analyst notes the significant growth in new contracts for CCCC. The 4Q23 new contracts increased by 14%, surpassing the 9M23 growth rate, leading to full-year new contracts 3.5% above target. Tang estimates an impressive backlog of Rmb4.26trn by end-FY23, covering 4.9x of FY24F revenue. With market cap management and increased payout ratio as key focus areas, China Communications Construction aims to drive returns and potentially achieve a yield of over 10% as encouraged by CSRC.


A look at China Communications Construction Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Communications Construction Company Ltd., a transportation infrastructure group, presents a promising long-term outlook based on its Smartkarma Smart Scores. With top scores in Value and Dividend, as well as strong momentum, the company is positioned for potential growth. Additionally, its solid performance in Growth further enhances its overall outlook.

Despite a lower Resilience score, China Communications Construction‘s global operations, coupled with its strengths in value, dividend, and momentum, bode well for its future. Investors may find this company attractive for its stability and growth potential in the infrastructure sector.

Summary of the company:
China Communications Construction Company Ltd. is a transportation infrastructure group. The Company is involved in infrastructure construction, infrastructure design, dredging, and port machinery manufacturing. China Communications has operations worldwide.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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