Earnings Alerts

China Galaxy Securities (H) (6881) Earnings: FY Net Income Surges 27.3% to 10.03 Billion Yuan

  • China Galaxy Securities reported a net income of 10.03 billion yuan for the fiscal year.
  • The company generated a total revenue of 35.47 billion yuan.
  • Earnings per share (EPS) were recorded at 81 RMB cents.
  • A final dividend of 19.6 RMB cents per share will be distributed to shareholders.
  • The net income reflects a 27.3% increase compared to the previous year.
  • Analyst recommendations include 10 “buy” ratings, 2 “hold” ratings, and 1 “sell” rating.

China Galaxy Securities (H) on Smartkarma

Analysts on Smartkarma are closely monitoring China Galaxy Securities (H) following the latest insights shared by Travis Lundy. In his recent research report titled “A/H Premium Tracker (To 27 Sep 2024): Hs Outperforming Explosive Chinese Stimulus,” Lundy expresses a bullish sentiment towards China’s market dynamics. He highlights the significant changes in China’s economic landscape, driven by expansive public stimulus programs aimed at bolstering market growth.

Lundy emphasizes the outperformance of H shares compared to A shares, particularly pointing out the promising prospects within Broker and Bank Hs. With a focus on the evolving risk environment and the surge in speculative activities, Lundy’s analysis underscores the opportunities emerging in China Galaxy Securities (H) amidst the shifting market conditions driven by the ongoing stimulus initiatives.


A look at China Galaxy Securities (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience5
Momentum5
OVERALL SMART SCORE4.4

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

The long-term outlook for China Galaxy Securities (H) seems promising based on the Smartkarma Smart Scores. With a top score of 5 in both Value and Resilience, the company is viewed favorably in terms of its financial health and ability to weather market fluctuations. Additionally, scoring a 4 in Dividend and a 5 in Momentum indicates strong performance in rewarding shareholders and positive market momentum.

Although Growth scored a 3, the overall high scores in key areas suggest that China Galaxy Securities (H) is well-positioned for long-term success in the securities industry. Offering a range of securities services across China, the company appears to have a solid foundation in place to navigate market conditions and potentially deliver value to investors in the future.


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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