Earnings Alerts

Guangzhou Tinci Materials Technlgy (002709) Earnings: 1H Net Income Declines Amid New Energy Competition

  • Guangzhou Tinci released its preliminary net income report for the first half of 2024 on July 10.
  • Reported net income for the first half ranges between 210 million yuan and 260 million yuan.
  • The company’s net income declined due to increasing competition in the new energy industry.
  • Analyst ratings on the company include 20 buys, 2 holds, and 3 sells.

A look at Guangzhou Tinci Materials Technlgy Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum2
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


Guangzhou Tinci Materials Technology Company Limited, a company that specializes in developing and selling fine chemicals and new materials, has been given a moderate to positive long-term outlook by Smartkarma Smart Scores. With a solid score in Dividend and Growth, the company is positioned well for steady expansion and returns for its investors. Additionally, its Resilience score indicates a level of stability in the face of market fluctuations, offering a sense of security to stakeholders. While the Momentum score is slightly lower, the overall outlook for Guangzhou Tinci Materials Technology appears promising for those looking to invest in a company with a diverse product portfolio.


The Smartkarma Smart Scores for Guangzhou Tinci Materials Technology point towards a company with strengths in Dividend and Growth, highlighting its potential for long-term sustainability and profitability. Specializing in personal care materials, lithium-ion battery materials, and organic silicon rubber materials, Guangzhou Tinci Materials Technology is well-positioned to capitalize on growth opportunities in these sectors. Investors keen on a company with a balanced outlook across various factors may find Guangzhou Tinci Materials Technology a compelling investment choice for 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.
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