Earnings Alerts

Analyzing Zhongjin Gold Corp A (600489) Earnings: 1Q Net Income Soars to 782.8M Yuan amidst Buoyant Sales

  • Zhongjin Gold reported a net income of 782.8 million yuan in the first quarter.
  • The company’s revenue stood at 13.16 billion yuan during this period.
  • The firm received 11 buy ratings and 1 hold rating with no sell ratings.

Zhongjin Gold Corp A on Smartkarma

On Smartkarma, independent analyst Brian Freitas recently published a bullish research report on Zhongjin Gold Corp A. His report, titled “CSI300 Index Rebalance: 14 Changes & A Few Surprises,” highlights the upcoming changes in the Shanghai Shenzhen CSI 300 Index, including those pertaining to Zhongjin Gold Corp A. Freitas notes that most of the changes were expected, but there were also some surprises as the index committee exercised discretion. The analyst suggests that investors should position for potential outperformance ahead of the rebalance implementation on 8 December.


A look at Zhongjin Gold Corp A Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE4.0

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

Zhongjin Gold Corp A, a company engaged in the acquisition, exploration, and development of properties for gold production, appears to have a promising long-term outlook. According to Smartkarma Smart Scores, the company demonstrates strength in various key areas. With a solid Growth score of 5 and Momentum score of 5, Zhongjin Gold Corp A seems to have positive prospects for future expansion and market performance.

Additionally, Zhongjin Gold Corp A earns a respectable Dividend score of 4, indicating its ability to provide consistent returns to investors. Although the company’s Value and Resilience scores are not as high, the strong performance in Growth and Momentum suggests that Zhongjin Gold Corp A could be well-positioned for sustainable growth in the coming years.

Summary: Zhongjin Gold Corp Ltd focuses on acquiring, exploring, and developing properties for gold production, as well as producing silver, electrolytic copper, and sulphuric acid.


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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