- East Money reported a net income of 1.95 billion yuan for the first quarter of 2024.
- There was a decrease in net income, down by 3.7% compared to the same period in the previous year.
- Total revenue for the company stood at 2.46 billion yuan for 1Q 2024.
- East Money experienced a revenue decrease of 13% year over year.
- Market sentiment towards the company includes 29 buy ratings, 1 hold rating, and 2 sell ratings.
- Reported values used for comparisons are based solely on East Money’s original financial disclosures.
A look at East Money Information Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
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
East Money Information Co., Ltd., an online financial information platform operator, shows promise for long-term growth based on the Smartkarma Smart Scores assessment. With a strong Growth score of 4 and Momentum score of 4, the company appears well-positioned to expand and capitalize on market trends. Additionally, its Value score of 3 indicates a solid foundation for potential future returns. While the Dividend score of 2 suggests room for improvement in this area, the Resilience score of 3 showcases a company with the ability to weather economic uncertainties.
In summary, East Money Information Co., Ltd. offers an internet advertising and financial data platform, signaling a focus on digital services within the finance sector. As per the Smartkarma Smart Scores evaluation, the company’s overall outlook appears positive, particularly in terms of growth potential and market momentum, making it one to watch for investors seeking opportunities in the online financial information space.
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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