Earnings Alerts

**Metallurgical Corporation Of China Ltd (601618) Earnings: 1H Net Income Soars to 4.15B Yuan**

  • China MCC reported a net income of 4.15 billion yuan for the first half of 2024.
  • The company’s revenue during this period was 298.84 billion yuan.
  • Earnings per share (EPS) amounted to 11 RMB cents.
  • There are 4 buy recommendations for China MCC.
  • No hold or sell recommendations were noted.

A look at Metallurgical Corporation Of China Ltd Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.8

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

Metallurgical Corporation of China Ltd. is positioned for a promising long-term outlook, as indicated by the Smartkarma Smart Scores. The company excels in Value, Dividend, Growth, and Momentum, scoring high marks in these key factors. With a top score in Value, investors can expect strong fundamentals and attractive valuations. Additionally, the company performs well in Dividend and Growth, suggesting good income potential and steady expansion. Momentum is also on its side, indicating a positive trend for future growth.

Although Metallurgical Corporation of China Ltd. shows some weakness in Resilience, its overall performance across various factors bodes well for its future prospects. The company’s focus on EPC projects for metallurgical facilities, natural resources exploration, equipment fabrication, and property development underpins its solid foundation for growth. Investors may find this company an appealing choice for long-term investment opportunities given its strong Smart Scores across critical factors.


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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