Earnings Alerts

CSC Financial (6066) Earnings: 1H Net Income Drops 33.7% to 2.86B Yuan

  • CSC Financial’s net income for the first half of 2024 is 2.86 billion yuan.
  • The company’s revenue for the same period is 9.53 billion yuan.
  • Net income has decreased by 33.7% compared to the previous period.
  • Analyst recommendations include:
    • 4 buys
    • 0 holds
    • 1 sell

A look at CSC Financial Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.8

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

Based on the Smartkarma Smart Scores, CSC Financial is looking strong for the long term. With top marks in both Value and Dividend scores, the company appears to be solid in terms of its financial health and ability to provide consistent returns to investors. Additionally, with a respectable Momentum score of 4, CSC Financial seems to have positive market momentum that could potentially lead to further growth opportunities. However, the company’s Growth and Resilience scores, though not as high, still indicate a moderate level of future growth potential and operational stability.

CSC Financial, a Hong Kong-based company, specializes in providing investment management services including investment banking, wealth management, and various client services. With such a strong emphasis on value and dividends, investors may find CSC Financial to be an attractive option for long-term investment strategies, especially considering its solid momentum in the market. Although there are areas for improvement in terms of growth and resilience, overall, the company’s Smartkarma Smart Scores suggest a promising outlook for CSC Financial in the foreseeable future.


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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