Earnings Alerts

China Hongqiao (1378) Earnings Surpass Estimates with FY Revenue Reaching 133.62 Billion Yuan

  • China Hongqiao‘s full year revenue surpassed the estimated amount.
  • The actual revenue came in at 133.62 billion yuan, beating the estimated 131.41 billion yuan.
  • Net income also exceeded expectations, with 11.46 billion yuan against an estimated 9.08 billion yuan.
  • A final dividend per share of 29 Hong Kong cents was announced.
  • The company’s performance has been highly rated, with 14 buys, 0 holds and 1 sell.

A look at China Hongqiao Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
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

The long-term outlook for China Hongqiao appears to be quite positive, according to the Smartkarma Smart Scores. The company has received a perfect score of 5 in both Value and Dividend, indicating that it is currently undervalued and offers attractive dividend returns for investors.

However, it is worth noting that China Hongqiao received a lower score of 2 in Growth, suggesting that the company may not be experiencing significant growth in the near future. Additionally, the company received a score of 3 in Resilience, indicating that it may not be as financially stable or resilient as some of its competitors.

Despite these factors, China Hongqiao received a strong score of 5 in Momentum, which suggests that it may be performing well and gaining momentum in the market. Overall, it seems that China Hongqiao is a company with potential, but may face some challenges in terms of growth and resilience.

Summary: China Hongqiao Group Ltd. is a manufacturer of aluminum products, including molten aluminum alloy, aluminum alloy ingots, and aluminum busbars. The company has a perfect score of 5 in both Value and Dividend, but a lower score of 2 in Growth and 3 in Resilience. It has received a strong score of 5 in Momentum, indicating potential for growth and success in the market.


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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