Earnings Alerts

Bank of Shanghai (601229) Earnings Report: Preliminary FY Net Income Rises by 1.19%

  • The Bank of Shanghai’s preliminary net income for the financial year has increased by 1.19%.
  • The preliminary net income for the year stands at 22.55 billion yuan.
  • The bank’s preliminary non-performing loans ratio is 1.21%.
  • There have been 3 buys, 2 holds, and 1 sell in the latest trading session.

A look at Bank of Shanghai Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
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

Bank of Shanghai Co., Ltd. is expected to have a positive long-term outlook, according to the Smartkarma Smart Scores. The company has received a top score of 5 in both the Value and Dividend categories, indicating strong financials and a high dividend yield. This bodes well for investors looking for stable and profitable returns.

In terms of Growth, Bank of Shanghai received a score of 3, indicating moderate growth potential. This could be attributed to the company’s diverse range of services, which includes deposits, loans, foreign exchange, and fund management. However, the company’s Resilience score of 2 suggests that it may face some challenges in the future.

Despite this, Bank of Shanghai’s Momentum score of 5 is a positive sign, indicating strong market momentum and potential for future growth. Overall, Bank of Shanghai is a well-established bank that offers a range of services to individuals, enterprises, and other clients. With its strong financials and potential for growth, the company is positioned for long-term success.


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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