Earnings Alerts

Fuyao Group Glass Industr A (600660) Earnings: Preliminary 1H Net Income Hits 3.50B Yuan with Robust Revenue Growth

  • Preliminary net income of Fuyao Glass is 3.50 billion yuan for the first half of 2024.
  • Preliminary revenue for the same period is 18.34 billion yuan.
  • Analyst recommendations include 21 buy ratings.
  • There are 2 hold ratings from analysts.
  • No analysts have rated the stock as sell.

A look at Fuyao Group Glass Industr A Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.8

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, Fuyao Group Glass Industr A shows promising long-term potential in various aspects. With a high Growth score of 5, the company is expected to experience strong expansion opportunities. Additionally, a solid Momentum score of 5 indicates positive market trends and investor sentiment towards the company. Moreover, the 4 score in Dividend signifies a good potential for the company to provide returns to its shareholders. Although the Value score is lower at 2, the company’s Resilience score of 3 suggests a moderate ability to withstand market volatility.

Fuyao Glass Industry Group Co Ltd, known for manufacturing automobile glass and other industrial glassware, has been recognized for its strong growth prospects and momentum in the market. With a focus on providing quality products internationally and offering glass installation services, the company aims to further cement its position in the industry. Investors may find the combination of high Growth and Momentum scores appealing, indicating a positive outlook for Fuyao Group Glass Industr A in the long run.


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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