- China CITIC Financial reported a net income of 9.62 billion yuan for the fiscal year.
- This is a significant increase compared to the previous year’s net income of 1.77 billion yuan.
- The earnings per share (EPS) for the fiscal year is 10.9 RMB cents.
- Analyst recommendations show 0 buy ratings, 1 hold, and 0 sell ratings for China CITIC Financial.
- The financial comparisons are based on the company’s original disclosures.
A look at China Huarong Asset Management Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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
Analysts are optimistic about China Huarong Asset Management‘s long-term outlook, with high scores in key areas such as value, growth, and momentum. With top scores in value and growth, the company is seen as having strong fundamentals and potential for expansion. Momentum is also high, indicating positive market sentiment and potential for continued growth.
However, China Huarong Asset Management‘s scores in dividend and resilience are lower, suggesting potential areas of concern. The low dividend score may not appeal to income-seeking investors, while the resilience score indicates a need for caution regarding the company’s ability to weather economic challenges.
### China Huarong Asset Management Co Ltd. provides a variety of financial services including asset, banking, and investment services across China. Despite some areas of concern, the company’s strong value, growth, and momentum scores indicate a positive long-term outlook. ###
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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