- Dongfang Electric’s net income for the first half of 2024 was 1.69 billion yuan.
- This is a decrease of 16% compared to the same period last year, which was 2.0 billion yuan.
- The company’s revenue for the same period increased by 12%, reaching 32.93 billion yuan.
- There are currently 10 buy recommendations for the company.
- There is 1 hold recommendation and no sell recommendations.
- All comparisons are based on the company’s original disclosures.
A look at Dongfang Electric Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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 for Dongfang Electric Corporation, the company appears to have a positive long-term outlook. With a high score in Dividend and strong scores in Value, Growth, and Momentum, Dongfang Electric Corporation seems to be in a favorable position. The company’s focus on manufacturing and selling hydro and steam power generators, along with AC/DC electric motors, underscores its commitment to the energy sector. Additionally, offering repair, upgrade, maintenance, and other services enhances its value proposition in the market.
Overall, Dongfang Electric Corporation‘s Smart Scores paint a picture of a company that is well-positioned for long-term success. With a resilient score of 3, the company may need to address certain aspects to further strengthen its operations. However, the high scores in Value, Dividend, Growth, and Momentum indicate a solid foundation for growth and stability in the 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 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
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
