Earnings Alerts

China Resources Power (836) Earnings Surge with 10% Increase in Power Generation in August

By September 13, 2024 No Comments
  • China’s Power Generation Increase: Power generation in China saw a significant increase of 10% in August 2024.
  • Wind Power Surge: Wind power generation experienced an impressive rise of 15.2% during the same period.
  • Investment Insights: There were 26 buy recommendations, 2 hold recommendations, and 1 sell recommendation for related stocks.

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

China Resources Power Holdings Company Limited, a prominent power generation firm in China, has experienced a positive overall outlook based on the Smartkarma Smart Scores. With a strong emphasis on growth and momentum, the company excels in these areas, scoring a 5 out of 5 for both factors. This indicates a robust potential for expansion and a favorable market momentum in the foreseeable future.

Although China Resources Power lags behind in resilience and value, scoring a 2 and 3 respectively, its steady dividend score of 3 provides investors with a stable income stream. Overall, the company’s focus on growth and momentum showcases a promising long-term future, aligning with its core operations of investing, developing, owning, and operating coal-fired power plants in China.

Summary: China Resources Power Holdings Company Limited is a major player in the power generation industry, specializing in the investment, development, ownership, and operation of coal-fired power plants in China. With a strong emphasis on growth and momentum, the company demonstrates a positive long-term outlook according to its Smartkarma Smart Scores.


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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