Earnings Alerts

Daqin Railway Co Ltd A (601006) Earnings: FY Freight Transport Revenue Misses Estimates Despite Net Income Rise

  • Daqin Railway’s Freight Transport Revenue for the financial year missed estimates, landing at 61.24 billion yuan instead of the predicted 63.35 billion yuan.
  • The company’s net income increased by 6.55%.
  • Passenger Rail Transportation Revenue surpassed estimates coming in at 8.92 billion yuan, the estimate was 7.86 billion yuan.
  • Revenue from Other Services was slightly below the estimate, earning 9.28 billion yuan compared to an estimate of 9.45 billion yuan.
  • The Freight volume for the year was 726.13 million tons.
  • Out of the 13 ratings given on the company’s performance, 11 were buys, 1 was a hold, and 1 was a sell.

A look at Daqin Railway Co Ltd A Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience4
Momentum5
OVERALL SMART SCORE4.4

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

The long-term outlook for Daqin Railway Co Ltd A appears to be very positive based on the Smartkarma Smart Scores. With high scores in Value, Dividend, and Momentum, the company is positioned well for future growth and stability. Daqin Railway Co Ltd A‘s strong focus on coal transportation services in Northern China, along with its passenger transportation business, provides a solid foundation for continued success.

Furthermore, the company’s high score in Resilience indicates its ability to withstand market fluctuations and economic challenges. Although the Growth score is slightly lower, the overall outlook for Daqin Railway Co Ltd A is promising, making it a potentially attractive investment opportunity for those seeking a company with strong fundamentals and a history of delivering value to investors.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars