- Qinghai Salt Lake’s preliminary net income for the first half of 2024 has decreased significantly.
- The net income has fallen by 54.9% to 66.7% compared to the previous year.
- The estimated preliminary net income ranges between 1.7 billion yuan and 2.3 billion yuan.
- Market analysts have given 10 buy recommendations for Qinghai Salt Lake’s stock.
- There are currently 0 hold recommendations for the stock.
- Only 1 analyst has recommended selling the stock.
A look at Qinghai Salt Lake Industry Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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
Qinghai Salt Lake Industry Co., Ltd, a company focusing on the production and marketing of fertilizer products, has garnered promising scores in several key areas according to Smartkarma Smart Scores. With a solid Growth score of 5, the company is positioned for long-term expansion and development. Additionally, Qinghai Salt Lake Industry shows strength in Resilience and Momentum, both scoring high at 5, indicating its ability to withstand economic volatility and maintain positive market momentum.
While the company’s Value score stands at 2, suggesting some room for improvement in terms of market value assessment, its lower Dividend score of 1 may not be as attractive to income-seeking investors. Overall, Qinghai Salt Lake Industry‘s impressive Growth, Resilience, and Momentum scores paint a positive outlook for its long-term performance and expansion in the industry.
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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