Earnings Alerts

Jiangxi Copper Co Ltd H (358) Earnings: 1H Net Income at 3.62B Yuan, Copper Cathode Production Reaches 1.18M Tons

  • Jiangxi Copper reported a net income of 3.62 billion yuan for the first half of 2024.
  • The net income according to IFRS (International Financial Reporting Standards) is 3.72 billion yuan.
  • The company’s revenue reached 273.09 billion yuan.
  • Jiangxi Copper produced 1.18 million tons of copper cathode in the same period.
  • In terms of market sentiment, there are 8 buys, 3 holds, and 1 sell recommendations for this stock.

A look at Jiangxi Copper Co Ltd H Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.4

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

Jiangxi Copper Co Ltd H, a company engaged in copper mining, milling, smelting, and refining operations, has garnered favorable Smart Scores on various key factors. With top marks in both Value and Dividend scores, the company showcases strength in its financial performance and commitment to rewarding shareholders. Additionally, scoring well in Growth and Momentum indicates positive prospects for future expansion and market influence.

Despite a slightly lower score in Resilience, Jiangxi Copper Co Ltd H remains poised for long-term success in the industry. The company’s diverse range of products, which include copper cathode, pyrite concentrates, and precious metals like gold and silver, coupled with its provision of smelting and refining services, reinforce its position as a resilient player 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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