Earnings Alerts

China Merchants Shekou Industr (001979) Earnings Drop 34.2% in 1H: Prelim Net Income at 1.42 Billion Yuan

  • Merchants Shekou: The company’s preliminary net income for the first half of 2024 is down by 34.2%.
  • Net Income Figures: Preliminary net income stands at 1.42 billion yuan.
  • Analyst Opinions: The stock has received 25 buy ratings, 2 hold ratings, and 1 sell rating from analysts.

A look at China Merchants Shekou Industr Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.8

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 Merchants Shekou Industrial Zone Holdings Co., Ltd., a park integrated developer, is well-positioned for long-term success based on its Smartkarma Smart Scores. With a top score of 5 in Value and Momentum, the company showcases strong fundamental value and positive price trends that bode well for its future performance. Additionally, a solid score of 4 in Dividend reflects its ability to provide consistent returns to its shareholders. While Growth and Resilience scores are slightly lower at 3 and 2 respectively, the overall outlook remains positive for China Merchants Shekou Industr.

In summary, China Merchants Shekou Industrial Zone Holdings Co., Ltd. operates in land and real estate development, community development, and other services in China. The company’s stellar Smartkarma Smart Scores, particularly in Value and Momentum, indicate a promising outlook for investors looking for a sound investment option in the industrial sector.


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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