- China State Construction’s net income for the first half of 2024 is 29.4 billion yuan.
- This marks a 1.4% increase compared to the same period last year, which was 29 billion yuan.
- The company’s revenue grew to 1.15 billion yuan, showing a 3.2% increase year-on-year.
- Earnings per share (EPS) rose slightly to 71 RMB cents from 70 RMB cents compared to the previous year.
- Analyst ratings are overwhelmingly positive with 20 buys, 0 holds, and 0 sells.
A look at China State Construction A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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 reviewing China State Construction A‘s Smartkarma Smart Scores see a positive long-term outlook for the company. With top scores in Value and Dividend indicators, China State Construction A is viewed favorably in terms of its financial health and returns to investors. Additionally, the high Momentum score suggests strong market performance and investor interest in the company’s stocks.
Although the company scores slightly lower in Resilience, its solid scores in Growth indicate promising future prospects for expansion and development. Overall, China State Construction A‘s robust performance across key indicators positions it well for sustained success in its core areas of housing construction, international building contracting, property development, and infrastructure construction.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
