Earnings Alerts

China Steel (2002) Earnings: 1Q Net Income Misses Estimates

  • China Steel reports 1st Quarter net income of NT$640.6 million, falling below the estimated NT$991.4 million.
  • The company’s operating profit was NT$768.5 million, short of the projected NT$1.07 billion figure.
  • However, China Steel managed to surpass revenue estimates, recording NT$93.75 billion as opposed to the estimated NT$92.11 billion.
  • Earnings per share (EPS) stood at NT$0.040, still below the expected NT$0.06.
  • In terms of stock performance, there are currently 4 buys, 8 holds, and 3 sells.

A look at China Steel Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience2
Momentum2
OVERALL SMART SCORE3.4

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 Steel Corporation, a leading manufacturer of steel products, holds a strong long-term outlook based on its Smartkarma Smart Scores. With top scores in Value, Dividend, and Growth, the company is positioned well for sustained success in the market. The high Value score indicates that China Steel offers attractive investment opportunities, while its solid Dividend and Growth scores point towards stable returns and potential for expansion. However, the company’s lower scores in Resilience and Momentum suggest areas that may need further attention to enhance its overall performance and competitiveness.

China Steel Corporation specializes in the production and distribution of various steel products such as hot rolled coils, cold rolled coils, wire rods, steel plates, and steel bars. As reflected in its Smartkarma Smart Scores, the company’s strong focus on value, dividends, and growth bodes well for its future prospects in the steel industry. By addressing areas of resilience and momentum, China Steel can further fortify its position in the market and capitalize on emerging opportunities for sustained success.


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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