Earnings Alerts

Henan Shuanghui Investment & Development (000895) Earnings: 1H Net Income Drops 19% to 2.3B Yuan

  • Henan Shuanghui reported a net income of 2.3 billion yuan for the first half of 2024.
  • This represents a 19% decrease compared to the same period last year, when net income was 2.84 billion yuan.
  • Revenue for the first half of 2024 was recorded at 27.59 billion yuan.
  • Revenue saw a decline of 9.3% year-over-year.
  • Current analyst ratings include 18 buys, 4 holds, and 1 sell.
  • The comparisons are based on values reported by the company’s original disclosures.

A look at Henan Shuanghui Investment & Development Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.4

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

Henan Shuanghui Investment & Development Co., Ltd. is an investment holding company that focuses on manufacturing meat products and frozen food, processing and printing services, and commercial trading. According to Smartkarma Smart Scores, the company received a mixed outlook across different factors. While it scored high in Dividend with a 5, indicating a strong performance in rewarding shareholders, its Value score was at 2, suggesting a moderate valuation compared to its peers. The company also received a Growth score of 3, Resilience score of 3, and Momentum score of 4, indicating a balanced performance in these areas.

Considering the Smart Scores, Henan Shuanghui Investment & Development shows promise with a strong focus on dividends, solid momentum, and a resilient stance. However, there might be room for improvement in terms of valuation and growth prospects. Investors looking at this company for the long term should closely monitor how these factors evolve to gauge the overall performance and potential returns.


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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