Earnings Alerts

China Steel (2002) Earnings: September Sales Decline by 9.2% to NT$26.75B

By October 11, 2024 No Comments
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  • China Steel reported sales of NT$26.75 billion for September.
  • The reported sales indicate a 9.2% decrease compared to the previous period.
  • Analyst recommendations include 4 buy ratings, 8 hold ratings, and 3 sell ratings for China Steel.

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A look at China Steel Smart Scores

FactorScoreMagnitude
Value5
Dividend2
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE3.0

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 Steel Corporation’s long-term outlook using the Smart Scores system. With a top score in Value and strong Momentum, China Steel is positioned well in terms of its current valuation and market trend. This indicates that the company is considered to be undervalued with potential for growth based on market sentiment and price performance.

However, despite its high Value score, China Steel‘s lower scores in Dividend, Growth, and Resilience suggest that there may be areas of improvement needed in terms of dividend payments, growth prospects, and ability to withstand economic challenges. Investors may want to monitor these factors closely to gauge the company’s future performance.


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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