Earnings Alerts

Guangzhou Tinci Materials Technlgy (002709) Earnings: Preliminary 1H Net Income of 210M-260M Yuan Reveals Significant Decline

  • Guangzhou Tinci provided a preliminary report for the first half of 2024.
  • The company’s net income is estimated to be between 210 million yuan and 260 million yuan.
  • This represents a significant decrease in net income, ranging from -79.8% to -83.7% compared to the previous period.
  • Analyst recommendations for Guangzhou Tinci stock 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 developer, manufacturer, and seller of fine chemicals and new materials, is deemed to have a promising long-term outlook according to Smartkarma’s Smart Scores. With a solid rating in Dividend and Growth, and decent scores in Value and Resilience, the company demonstrates strength across multiple key factors. However, its Momentum score lags behind, suggesting potential challenges in maintaining a swift pace in the market.

Specializing in personal care materials, lithium-ion battery materials, and organic silicon rubber materials, Guangzhou Tinci Materials Technology is positioned to benefit from its diverse product portfolio. Investors eyeing long-term prospects may find the company appealing given its strong performance in crucial areas, indicating resilience and growth potential in the evolving market landscape.


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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