Earnings Alerts

China Resources Power (836) Earnings: 1H Net Income Hits HK$9.36B with Robust Sales and Attractive Dividend

  • Net Income: China Res Power reported a net income of HK$9.36 billion in the first half of 2024.
  • Sales: Total sales amounted to HK$51.12 billion during this period.
  • Dividend: An interim dividend of 45.5 HK cents per share was declared.
  • Analyst Ratings: 24 analysts recommend buying the stock, while 5 suggest holding it. No analysts recommend selling.

A look at China Resources Power Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.6

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

Looking ahead, China Resources Power Holdings Company Limited, a power generation company focusing on coal-fired power plants in China, shows a promising long-term outlook based on Smartkarma’s Smart Scores. The company scores high in growth and momentum, indicating strong potential for expansion and positive market performance. These factors suggest that China Resources Power is well-positioned to capitalize on opportunities for further development and sustained growth in the power generation sector.

While the company demonstrates solid growth and momentum, there are areas where improvement could enhance its overall outlook. With moderate scores in value and dividend, China Resources Power may benefit from strategic initiatives to enhance its value proposition and dividend distribution, which could further strengthen its financial performance and investor appeal in the long run.


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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