Earnings Alerts

Huayu Automotive Systems A (600741) Earnings: 1H Net Income Reaches 2.86B Yuan on Revenue of 77.29B Yuan

  • Huayu Auto reported a net income of 2.86 billion yuan for the first half of 2024.
  • The company’s revenue for the same period was 77.29 billion yuan.
  • This marks a modest revenue increase of 0.4% compared to the previous year.
  • Among analysts, there are 14 buy ratings, 4 hold ratings, and 1 sell rating for Huayu Auto.
  • These comparisons are based on the company’s original disclosures from past results.

A look at Huayu Automotive Systems A Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE4.2

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

Based on the Smartkarma Smart Scores, Huayu Automotive Systems A is set for favorable long-term prospects. With top scores in both Value and Dividend, the company demonstrates strong fundamentals and a commitment to rewarding investors. Additionally, solid scores in Growth and Resilience indicate a company poised for sustainable expansion while being able to weather economic uncertainties. Although Momentum lags slightly behind, the overall outlook remains positive for Huayu Automotive Systems A.

Huayu Automotive Systems Company Limited, a manufacturer of auto parts, presents a promising investment opportunity with its robust Smart Scores. Specializing in a variety of auto parts including interior and exterior components, functional assemblies, and thermo processed parts, the company has established itself as a key player in the industry. Coupled with its impressive Smart Scores, Huayu Automotive Systems A is positioned for long-term success in the market.


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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