Earnings Alerts

Earnings Review: Changzhou Xingyu Automotive (601799) Reports Remarkable 1Q Net Income of 242.8M Yuan

  • Changzhou Xingyu achieved a net income of 242.8 million yuan in the first quarter.
  • The projected revenue was substantial at 2.41 billion yuan.
  • Broker sentiments were highly positive with 22 buys on the company’s stock.
  • There was only 1 hold and 1 sell marked by brokers, indicating strong investor confidence in Xingyu.

A look at Changzhou Xingyu Automotive Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience4
Momentum5
OVERALL SMART SCORE3.4

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

Changzhou Xingyu Automotive Lighting Systems Company Limited, a company specializing in automotive lighting products, holds promising prospects for long-term growth according to Smartkarma Smart Scores. With a solid Resilience score of 4 and a Momentum score of 5, the company demonstrates a sturdy foundation and strong market performance. These scores suggest that Changzhou Xingyu Automotive is well-equipped to withstand market fluctuations and capitalize on positive trends, positioning it for sustainable growth in the automotive sector.

Furthermore, the company’s Dividend and Growth scores of 3 each indicate a balanced approach to rewarding shareholders while also focusing on expanding its business operations. Although the Value score of 2 suggests that the company may not be considered undervalued, its overall Smartkarma Smart Scores paint a favorable picture for Changzhou Xingyu Automotive‘s long-term outlook, pointing towards a company with steady growth potential and resilience 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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