Earnings Alerts

China Molybdenum Co Ltd H (3993) Earnings: 1H Net Income Surges to 5.74B Yuan, Up 716%






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  • CMOC Group’s preliminary net income for the first half of 2024 is between 5.19 billion to 5.74 billion yuan.
  • This preliminary net income represents a significant increase of 638% to 716% compared to the previous year.
  • Analyst sentiment towards CMOC Group is very positive, with 13 buys, 1 hold, and 0 sells.



China Molybdenum Co Ltd H on Smartkarma

Analysts on Smartkarma, such as Brian Freitas, are closely following China Molybdenum Co Ltd H amid insights on the FXI Rebalance Preview. In his report, Freitas hints at two probable changes expected in June for the iShares China Large-Cap (FXI). Today marks the price cutoff, introducing a chance for fluctuations in the market. Observing the highest shorts and excess volume, one addition and one deletion seem imminent, reflecting significant interest. With a day remaining in the review period, the potential shifts in FXI components are attracting attention.


A look at China Molybdenum Co Ltd H Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
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

China Molybdenum Co Ltd H, a company engaged in mineral mining and exploration, has received varying Smart Scores across different factors. With a high Growth score of 5 and Momentum score of 5, the company appears to be well-positioned for future expansion and market performance. This suggests that the company is demonstrating strong growth potential and positive market momentum.

Although the Value and Resilience scores are average at 3, the company shines in terms of Dividend, scoring a solid 4. This indicates that China Molybdenum Co Ltd H offers attractive dividend payouts to its investors. Overall, the company’s positive scores in Growth, Dividend, and Momentum hint at a promising long-term outlook despite average scores in Value and Resilience.


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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