Earnings Alerts

Inner Mongolia Yili Industrial Group (A) (600887) Earnings: 1H Net Income Hits Estimates at 7.53 Billion Yuan

  • Yili Industrial reported a net income of 7.53 billion yuan for the first half of 2024.
  • The net income matched analysts’ estimates of 7.5 billion yuan.
  • The company generated revenue of 59.70 billion yuan in the same period.
  • Earnings per share (EPS) came in at 1.19 yuan.
  • Analyst recommendations include 44 buys, 1 hold, and 0 sells.

A look at Inner Mongolia Yili Industrial Group (A) Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.4

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

Inner Mongolia Yili Industrial Group (A) has received a mix of Smart Scores indicating its long-term outlook in the market. With a top score of 5 in Dividend, investors can expect good returns in the form of dividends from the company. This highlights the company’s strong commitment to rewarding its shareholders. Additionally, scoring 4 in Growth suggests that Inner Mongolia Yili Industrial Group (A) has the potential for expansion and development, offering opportunities for future profitability and market presence.

While the company scores lower in Value, Resilience, and Momentum, with scores of 2, 3, and 3 respectively, overall, Inner Mongolia Yili Industrial Group (A) presents an intriguing investment opportunity within the dairy and food industry. With a diverse product line that includes milk, ice cream, frozen food, and noodles, the company is well-positioned to navigate market challenges and capitalize on growth opportunities in the long term.


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