Haitong Securities Co Ltd (A) (600837) Earnings Report: FY Net Income Misses Estimates

Haitong Securities Co Ltd (A) on Smartkarma

Haitong Securities Co Ltd (A) is being closely watched by independent analysts on Smartkarma, an investment research network. In a recent report by Daniel Tabbush, it was revealed that the company’s core fee income in three key divisions has been weakening. Additionally, its 100% held bank in Portugal has experienced a significant goodwill impairment, leading to concerns about the company’s overall financial health. Tabbush also notes that costs for Haitong Securities remain high and are rising relative to revenue, which could negatively impact the company’s performance. This has sparked interest in Haitong Securities due to potential corporate action, but Tabbush cautions that the company’s operational outlook is not positive for a variety of reasons.

A look at Haitong Securities Co Ltd (A) Smart Scores

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

Haitong Securities Co Ltd (A) has a positive long-term outlook, according to the Smartkarma Smart Scores. The company scores a 5 out of 5 for Value, indicating that it is considered undervalued by the market. This means that investors may see potential for growth and higher returns in the future.

In terms of Dividend, Haitong Securities scores a 4 out of 5, meaning that it has a strong track record of paying out dividends to shareholders. This may be attractive to investors looking for steady income from their investments.

While the company scores a 3 out of 5 for Growth, indicating moderate growth potential, it scores a 2 out of 5 for Resilience. This means that it may be more susceptible to market fluctuations and economic downturns. However, the company still scores a respectable 4 out of 5 for Momentum, suggesting that it has been performing well in recent times.

Overall, Haitong Securities Co Ltd (A) is a securities services company with a focus on online brokerage, wealth management, and institutional investors. With a strong score for Value and a solid track record for paying dividends, the company may be an attractive investment option for those looking for long-term stability and potential growth.

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.
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