Earnings Alerts

China Resources Power (836) Earnings Surge: September Power Generation Rises 24.3%, Wind Power Up 52.6%

By October 15, 2024 No Comments
  • China’s power generation in September increased by 24.3% compared to the previous period.
  • Wind power generation saw a significant boost, rising by 52.6%.
  • In the latest stock activity, there are 26 buy recommendations.
  • There are 2 hold recommendations for stocks.
  • Only 1 sell recommendation has been noted.

A look at China Resources Power Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE3.2

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 at Smartkarma have assessed China Resources Power Holdings Company Limited’s long-term outlook using their proprietary Smart Scores system. With a strong Growth score of 5, the company is positioned favorably for long-term expansion and development in the power generation sector. This indicates a positive outlook for the company’s future growth potential.

Despite a lower Resilience score of 2, suggesting some vulnerability to market fluctuations, China Resources Power‘s overall outlook remains promising thanks to its solid Value, Dividend, and Momentum scores standing at 3 each. Investors may find the company attractive for its value proposition, dividend payment consistency, and positive market momentum.

Summary of the company: China Resources Power Holdings Company Limited is a power generation company that invests, develops, owns, and operates coal-fired power plants in China.


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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