Earnings Alerts

Huizhou Desay Sv Automotive (002920) Earnings Surge: 38% Net Income Growth in 1H







  • Huizhou Desay Sv reported a net income of 838.4 million yuan for the first half of 2024.
  • This net income represents a 38% increase compared to the same period last year (607.1 million yuan).
  • The company’s revenue reached 11.69 billion yuan, marking a 34% year-over-year growth.
  • Earnings per share (EPS) were reported at 1.51 yuan, compared to 1.09 yuan last year.
  • Analysts have given 29 buy ratings, 3 hold ratings, and 2 sell ratings for the company’s stock.



A look at Huizhou Desay Sv Automotive Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience3
Momentum2
OVERALL SMART SCORE3.0

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, Huizhou Desay Sv Automotive shows a promising long-term outlook. With a strong score in growth and resilience, the company is positioned for future expansion and sustainability. The high growth score indicates potential for increasing market share and profitability, while the resilience score suggests the company’s ability to withstand market challenges.

Huizhou Desay Sv Automotive’s focus on innovation and product development has led to a solid overall performance, supported by moderate scores in value and dividend, indicating stability and potential for returns. Although the momentum score is lower, the company’s steady growth and product range in automotive parts, including infotainment systems and driver assistance technology, position it well for long-term success in the evolving automotive industry.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars