Earnings Alerts

Hengli Petrochemical Co.,Ltd. A (600346) Earnings Report: 1Q Net Income Surpasses Estimates

  • Hengli Petrochem reported a net income of 2.14 billion yuan for the first quarter, surpassing the estimated prediction of 2 billion yuan.
  • The revenue for the same period was reported as 58.39 billion yuan. However, this was lower than the estimated revenue of 66.85 billion yuan.
  • At present, Hengli Petrochem holds 20 By ratings, 3 Hold ratings, and no Sell ratings.

A look at Hengli Petrochemical Co.,Ltd. A Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE2.8

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

When looking at the long-term outlook for Hengli Petrochemical Co.,Ltd., the company’s Smartkarma Smart Scores paint a positive picture. With a high Momentum score of 5, the company is showing strong upward momentum in its performance. This bodes well for its future growth potential as it continues to outpace the market expectations.

Additionally, Hengli Petrochemical Co.,Ltd. scores well in Value and Growth with scores of 3, indicating solid financial metrics and a promising trajectory for expansion. While its Dividend and Resilience scores are lower, at 1 and 2 respectively, the company’s strengths in other areas suggest a bright outlook overall.

Summary of the company:
### Hengli Petrochemical Co.,Ltd. manufactures chemical fibers. The Company researches, produces, and sells polyester filament and chips for consumer and industry products. Hengli Petrochemical markets it products worldwide. ###


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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