- Guotai Junan Securities’ net income for the first half of 2024 was 5.02 billion yuan, a 13% decrease compared to the same period last year.
- Total revenue stood at 17.07 billion yuan, marking a 6.7% decrease year-over-year.
- Earnings per share were 52 RMB cents, down from 60 RMB cents in the first half of the previous year.
- Net Fee & Commission income declined to 6.38 billion yuan, a 14% drop compared to the same period last year.
- Despite the financial setbacks, the company received 6 buy ratings, 2 hold ratings, and no sell ratings from analysts.
A look at Guotai Junan International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
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
Guotai Junan International Holdings Ltd., a securities brokerage house, has shown a promising long-term outlook based on the Smartkarma Smart Scores. With strong scores in value and momentum, the company is positioned well for future growth and performance. While the dividend, growth, and resilience scores are more moderate, the overall positive outlook suggests that Guotai Junan International could be a solid investment choice for investors looking for stability and potential returns.
Guotai Junan International Holdings Ltd. offers a range of services including securities and futures dealing, corporate finance, asset and fund management, and various financing services. The company’s robust performance in value and momentum, despite slightly lower scores in dividend, growth, and resilience, indicates a favorable outlook for the future. Investors may find Guotai Junan International to be an attractive option for long-term investment based on its overall positive Smartkarma Smart Scores.
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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