Earnings Alerts

Datang International (991) Earnings Surge: First-Half Net Income Hits 3.11B Yuan

  • Datang Power’s net income for the first half of 2024 is 3.11 billion yuan.
  • The earnings per share (EPS) stand at 12.42 RMB cents.
  • Investor sentiment is positive with 1 “buy” recommendation and no “hold” or “sell” recommendations.

A look at Datang International Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience2
Momentum5
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

Long-Term Outlook for Datang International

Based on the Smartkarma Smart Scores, Datang International seems to have a promising long-term outlook. The company scores high in value, indicating that it may be undervalued compared to its true worth. Additionally, its strong dividend score suggests a good potential for providing steady income to investors. While the growth score is not as high, Datang International still shows potential for expansion in the future. However, the company’s resilience score is relatively lower, indicating some vulnerability to market fluctuations. On a positive note, Datang International scores high in momentum, reflecting its current positive trend in the market.

Company Summary

Datang International Power Generation Company Limited is involved in the development and operation of power plants. The company not only generates electricity but also engages in the sale of electricity, maintenance of power equipment, and provision of power-related technical services. With its strong emphasis on value, dividends, and momentum, Datang International appears to be a company with solid foundations for potential growth and profitability in the long run.


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