- Datang Power’s preliminary net income for the first half of 2024 is estimated to be between 2.8 billion yuan and 3.4 billion yuan.
- The increase in net income is attributed to several key factors:
- A year-over-year decrease in fuel prices.
- Improved water inflow at the company’s hydropower stations.
- An increase in new energy installed capacity.
- Analyst ratings for Datang Power show 1 buy, 0 holds, and 0 sells.
A look at Datang International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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 utilizing the Smartkarma Smart Scores have assessed Datang International Power Generation Company Limited and its long-term outlook. The company showcases solid Value and Dividend scores, indicating a strong financial position and potential for good returns for investors. While Growth scored slightly lower, the company still maintains a positive outlook. Resilience, however, scored lower, suggesting potential vulnerability in adverse market conditions. On the bright side, Datang International scored high on Momentum, indicating strong positive price trends and investor interest.
Datang International Power Generation Company Limited develops and operates power plants, selling electricity and providing a range of related services. The company’s financial standing, dividend potential, and growth outlook all point towards a promising future. However, its resilience score implies caution may be warranted in the face of market challenges. Nevertheless, with high momentum, Datang International seems to be attracting significant investor attention and demonstrating positive price momentum in the market.
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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