Earnings Alerts

Industrial Securities Co A (601377) Earnings Plummet: 1H Net Income Falls 48% to 941.7M Yuan

  • Net Income: 941.7 million yuan in the first half of 2024.
  • Year-over-Year (Y/y) Comparison: Net income decreased by 48% from 1.80 billion yuan in the same period last year.
  • Revenue: 5.39 billion yuan in the first half of 2024.
  • Year-over-Year (Y/y) Comparison: Revenue decreased by 22% from the previous year.
  • Analyst Ratings: 10 analysts recommend buying, 1 recommends holding, and none recommend selling.

A look at Industrial Securities Co A Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE3.6

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

Industrial Securities Co A, a securities company, holds a promising long-term outlook based on the Smartkarma Smart Scores. With top scores in both Value and Dividend factors, the company demonstrates strong fundamentals and a commitment to rewarding its investors. Although scoring lower in Growth and Resilience, the company showcases moderate Momentum, indicating a positive trend in its market performance. Industrial Securities Co A‘s diversified business operations encompass securities brokerage, investment consultancy, asset management, and more, positioning it well for potential growth and stability in the future.

Industrial Securities Co A‘s overall Smart Scores paint a favorable picture for investors eyeing a solid value and reliable dividends. Despite facing challenges in growth and resilience factors, the company’s momentum suggests an upward trajectory in its market positioning. With a comprehensive suite of services ranging from securities trading to investment fund marketing, Industrial Securities Co A remains a key player in the securities industry, poised to capitalize on opportunities and navigate market fluctuations with resilience. Investors may find value in the company’s strong fundamentals and dividend payouts, bolstered by its established presence in various financial services sectors.


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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