Earnings Alerts

Power Construction of Chi (601669) Earnings: 1H Net Income at 6.34B Yuan, Down 6.5% Y/Y Amid Revenue Growth

  • Power Construction’s net income for the first half of 2024 is 6.34 billion yuan.
  • This net income represents a 6.5% decrease compared to the same period last year, which was 6.78 billion yuan.
  • The company’s revenue for the first half of 2024 is 284.92 billion yuan.
  • This revenue shows a 1.3% increase compared to last year’s revenue for the same period.
  • There are 17 analysts giving buy recommendations for Power Construction’s stock.
  • No analysts have given hold or sell recommendations for the stock.

A look at Power Construction of Chi Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.0

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

Based on the Smartkarma Smart Scores, Power Construction Corporation of China shows a promising long-term outlook. With top scores in Value and Momentum, the company is positioned well for growth and potential appreciation over time. Its strong emphasis on value indicates that the stock may be undervalued compared to its intrinsic worth, making it an attractive prospect for investors looking for potential returns.

Additionally, Power Construction of China’s solid scores in Dividend and Growth suggest that the company is committed to rewarding shareholders while also demonstrating potential for expansion. However, its lower score in Resilience may point to some vulnerabilities that investors should consider. Overall, with a mix of strong scores, Power Construction of China presents an interesting investment opportunity in the construction and utility sector.

Summary: Power Construction Corporation of China, Ltd specializes in providing electric utility line construction services. The company is engaged in developing and building a variety of engineering projects, including hydropower, water works, thermal power, and new energy projects. Power Construction China also has operations in property development.


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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