Earnings Alerts

Dong E E Jiaoco Ltd A (000423) Earnings Report: FY Net Income Soars to 1.15B Yuan, Up 48% Y/Y

  • Dong-E-E-Jiao reported a net income of 1.15 billion yuan.
  • The company’s net income increased by 48% from the previous year.
  • Revenue for the year was 4.72 billion yuan, a 17% increase year-on-year.
  • The final dividend per share declared by Dong-E-E-Jiao was 1.78 yuan.
  • There were 16 buys, 1 hold, and 0 sells made for the company’s stocks.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

Dong E E Jiaoco Ltd A on Smartkarma

Smartkarma, an independent investment research network, has recently published insightful reports on Dong E E Jiaoco Ltd A by top independent analyst Xinyao (Criss) Wang. In her report, titled “Dong E E Jiao Co Ltd (000423.CH) – The Situation Is Getting Better and Better,” Wang expresses a bullish sentiment towards the company. She highlights the successful de-stocking of Dong-E-E-Jiao, which has helped to form a new supply-demand relationship. Additionally, Wang believes that the strong support from China Resources and high dividends will bring good returns for investors. She also predicts a potential reversal of the company’s previous performance struggles in the near future.

Despite some initial disappointment from investors regarding the company’s 23Q3 performance, Wang remains optimistic about Dong-E-E-Jiao’s future. She notes that the successful de-stocking has alleviated pressure on distribution channels and expects the company’s contract liabilities to decrease in the upcoming quarters. Furthermore, Wang believes that China Resources could further improve Dong-E-E-Jiao’s dividend rate, making it a more attractive investment. With the company’s continuous improvement and potential for M&A deals, Wang believes that there is still room for valuation to grow in the short term.


A look at Dong E E Jiaoco Ltd A Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience5
Momentum5
OVERALL SMART SCORE4.2

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, Dong E E Jiaoco Ltd A has a positive long-term outlook. The company has received a score of 2 for Value, 4 for Dividend, and 5 for Growth, Resilience, and Momentum. This indicates that the company is performing well in terms of these factors, with higher scores indicating better performance.

Dong E E Jiaoco Ltd A is primarily involved in the production and sale of traditional Chinese medicine, health care products, health foods, and bio-medicine. They also manufacture gelatin products. With a strong score of 5 for Growth, Resilience, and Momentum, the company is positioned for continued success in the long-term. This is good news for investors and shareholders of Dong E E Jiaoco Ltd A.


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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