- CRRC’s net income for the fiscal year was 11.71 billion yuan, which was below the estimated 12.14 billion yuan.
- The net income showed a slight increase of 0.5%.
- The revenue generated was 234.26 billion yuan, lower than the estimated 238.27 billion yuan.
- The final dividend per share was 20 RMB cents, which was also less than the estimated 21 RMB cents.
- The underlying profit stood at 9.11 billion yuan.
- Earnings per share (EPS) was 41 RMB cents.
- Despite the misses, there were 13 buy recommendations, 1 hold recommendation, and no sell recommendations.
A look at CRRC Corp Ltd A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| 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
According to the Smartkarma Smart Scores, CRRC Corp Ltd A has a positive long-term outlook. The company has received high scores in several key factors, including Dividend and Momentum, indicating strong performance in these areas. CRRC Corp Ltd A is a manufacturer of rolling stock products, such as locomotives, passenger carriages, and freight wagons. They also offer vehicle repairing and investment management services.
With a score of 4 in Value and Growth, CRRC Corp Ltd A is also expected to have a strong financial standing and potential for future growth. However, the company received a score of 3 in Resilience, suggesting some potential vulnerability in the face of market changes. Overall, the Smartkarma Smart Scores point to a promising future for CRRC Corp Ltd A, with strong performance in key areas and potential for further growth and success in the long term.
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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