Earnings Alerts

Earnings Analysis: Huaxia Bank Co Ltd A (600015) Displays Increased FY Net Income and Stress-free NPL Ratio

  1. Huaxia Bank’s net income for the fiscal year has seen significant growth, rising to 26.36 billion yuan from the previous year’s 25.04 billion yuan.
  2. The bank’s year on year net income increased by 5.3%
  3. The bank’s net interest income amounted to 70.44 billion yuan for the year.
  4. The non-performing loans ratio experienced a decrement from 1.75% the previous year, settling at 1.67%.
  5. Huaxia Bank’s final dividend per share for the year was 38.4 RMB cents.
  6. The first quarter results revealed further growth with the bank’s net income coming in at 5.89 billion yuan.
  7. For this period, the stock was rated with 0 buys, 0 holds, and 4 sells.

A look at Huaxia Bank Co Ltd A Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
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

Based on the Smartkarma Smart Scores, Huaxia Bank Co Ltd A is positioned favorably for long-term growth and stability. With top scores in Value, Dividend, and Momentum, the company shows strong potential for solid performance. Its focus on providing banking services such as deposits, loans, wealth management, and more indicates a robust business model geared towards meeting the needs of both enterprises and individuals.

However, Huaxia Bank’s lower score in Resilience suggests a potential vulnerability to market fluctuations or economic downturns. Despite this, the overall outlook remains positive, especially considering its high scores in Value, Dividend, and Momentum.

### Huaxia Bank Co. Ltd. operates banking businesses. The Company offers deposits, loans, settlement, bill discounting, currency trading, bank guarantee, wealth management, and other banking services. Huaxia Bank provides services for enterprises and individuals. ###


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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