Earnings Alerts

Founder Securities Co Ltd A (601901) Reports 1.35B Yuan Earnings for 1H, Down 6.2% Y/Y

  • Founder Securities reported a net income of 1.35 billion yuan for the first half of 2024.
  • This represents a decrease of 6.2% compared to the same period last year, when net income was 1.44 billion yuan.
  • The company generated a revenue of 3.72 billion yuan in the first half of 2024.
  • This revenue is 8.1% lower than the revenue reported for the first half of 2023.
  • Current analyst ratings for Founder Securities consist of 5 buys, 2 holds, and 0 sells.

A look at Founder Securities Co Ltd A Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

Founder Securities Co Ltd A has received strong scores across various factors, positioning the company favorably for long-term growth. With high ratings in Value, Growth, and Momentum, Founder Securities Co Ltd A appears to be well-positioned to deliver solid returns to investors. While the Dividend and Resilience scores are lower, the company’s focus on value and growth potential is likely to attract investors seeking long-term capital appreciation.

Founder Securities Company Limited’s diverse range of services, including securities brokerage, investment consulting, proprietary trading, and asset management, provides a solid foundation for its operations. The company’s strong performance in Value, Growth, and Momentum suggests a positive outlook for its future prospects, indicating potential opportunities for investors looking to capitalize on the company’s growth potential.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars