- Preliminary retail passenger car sales in China fell by 2% year-over-year in July 2024.
- Month-over-month, preliminary retail passenger car sales decreased by 2%.
- The total number of preliminary retail passenger car sales was 1.729 million units.
- Sales of new-energy vehicles rose significantly by 37% year-over-year.
- New-energy vehicle sales increased by 3% month-over-month.
- The total number of new-energy vehicle sales was 879,000 units.
A look at PetroChina Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.6 |
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
With top scores across the board in Value, Dividend, Growth, and Momentum, PetroChina seems poised for a strong long-term outlook. The company excels in delivering shareholder value through its robust financials and consistent dividend payouts. Additionally, its impressive growth prospects indicate promising returns for investors in the future. Despite a slightly lower score in Resilience, PetroChina‘s overall performance is bolstered by its solid momentum in the market.
PetroChina Company Limited, a key player in the energy sector, is a leading force in exploring, developing, and producing crude oil and natural gas. Its diverse operations span from refining and distributing petroleum products to chemical production and natural gas transmission. With such a wide-reaching scope in the industry, PetroChina‘s strong scores in key factors highlight its potential for sustainable growth and profitability in the years to come.
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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