Earnings Alerts

China Energy Engineering (3996) Earnings: 1H Net Income Hits 2.78B Yuan

  • China Energy Engineering Corporation reported a net income of 2.78 billion yuan for the first half of 2024.
  • The company achieved a revenue of 194.26 billion yuan during this period.
  • Earnings per Share (EPS) stood at 6.30 RMB cents.
  • The analyst recommendation summary is: 1 buy, 0 holds, and 0 sells.

A look at China Energy Engineering 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 Energy Engineering Group Co. Ltd. (CEEC) seems to have a promising long-term outlook based on the Smartkarma Smart Scores. With top scores in Value and Dividend, investors may see strong potential for returns and income. Additionally, the company’s high Momentum score suggests positive market sentiment and potential for future growth. While the Growth score is slightly lower, CEEC’s focus on infrastructure construction and investment for hydroelectrical works, combined with its international presence, could solidify its position in the market.

Despite a lower score in Resilience, the overall positive ratings on important factors indicate that China Energy Engineering is positioned well for the future. As a provider of a range of services in the energy sector, including power engineering and technology, CEEC’s diversified portfolio may help mitigate risks and provide stability in the long run.


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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