Earnings Alerts

1Q Earnings Review: China Avionics Systems Co., Ltd. (600372) Reports Net Income of 454.1M Yuan

  • AVIC Airborne Systems Co Ltd reports a net income of 454.1 million yuan in the first quarter of 2024.
  • The company’s revenue for the same period stands at 5.64 billion yuan.
  • There are 13 buys, no holds and no sells currently for the company stocks.

A look at China Avionics Systems Co., Ltd. Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth4
Resilience3
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

Analyzing the Smartkarma Smart Scores, China Avionics Systems Co., Ltd. seems to have a promising long-term outlook. With strong scores in Value, Growth, and Momentum, the company appears well-positioned for future success. This indicates that the company’s stock may offer good value for investors and has the potential for continued growth in the coming years. Additionally, its positive momentum suggests that market sentiment towards the company is favorable, which could further boost its performance.

While China Avionics Systems Co., Ltd. scores slightly lower in the Dividend and Resilience categories, it still demonstrates overall strength in key areas. The company’s focus on manufacturing and distributing aero-mechanical and electrical products provides a solid foundation for its operations. Investors may view China Avionics Systems Co., Ltd. as a viable option for long-term investment based on its favorable Smart Scores and core business activities.


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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