Earnings Alerts

Impressive Turnaround: Muyuan Foodstuff Co Ltd A (002714) Earnings Forecasted at 700M-900M Yuan for 1H

  • Muyuan Foods Co Ltd reported a preliminary net income for the first half (1H) of 2024.
  • The net income ranges between 700 million yuan and 900 million yuan.
  • This is a significant improvement compared to the net loss of 2.8 billion yuan in the same period last year.
  • Analyst ratings include 24 buys, 1 hold, and 0 sells.

Muyuan Foodstuff Co Ltd A on Smartkarma




Analyst Coverage of <a href="https://smartkarma.com/entities/muyuan-foodstuff-co-ltd-a">Muyuan Foodstuff Co Ltd A</a> on Smartkarma

Analysts on Smartkarma have been closely monitoring Muyuan Foodstuff Co Ltd A, with Joe Jasper providing valuable insights in a recent report titled “Pullback Underway; Further Downside Limited?; Buys in Defensives and Commodity-Related Sectors.” Jasper’s analysis suggests a potential pullback in global equities, including commodities, with a focus on global defensives and commodity-related sectors. He highlights that while there is a pullback currently underway in the market, further downside may be limited. Jasper’s sentiment leans towards a bullish outlook, indicating opportunities for strategic investments in sectors like staples, utilities, telecomm, energy, and materials.



A look at Muyuan Foodstuff Co Ltd A Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience2
Momentum4
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

According to Smartkarma’s Smart Scores, Muyuan Foodstuff Co Ltd A has a positive long-term outlook. The company received high scores in Dividend and Momentum, indicating strong performance in these areas. With a promising dividend score of 4, investors can expect good returns in the form of dividends from Muyuan Foodstuff Co Ltd A. Additionally, a solid Momentum score of 4 suggests that the company is experiencing positive movements in its stock price, reflecting market confidence and potential growth.

While Muyuan Foodstuff Co Ltd A scored lower in areas such as Value, Growth, and Resilience, the overall outlook remains optimistic. Despite moderate scores in these factors, the company’s core business of breeding and selling boars and commodity pigs positions it well within the industry. With a diverse product range that includes boars and commodity pigs, Muyuan Foodstuff Co Ltd A has established itself as a key player in the market, highlighting its resilience and growth potential.


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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