Earnings Alerts

Qinghai Salt Lake Industry (000792) Earnings: Preliminary 1H Net Income Declines 54.9% to 66.7%

  • Qinghai Salt Lake’s preliminary net income for the first half of 2024 has decreased significantly.
  • The net income decrease is estimated to be between 54.9% and 66.7%.
  • Projected net income ranges from 1.7 billion yuan to 2.3 billion yuan.
  • Analyst recommendations include 10 buy ratings, no hold ratings, and 1 sell rating.

A look at Qinghai Salt Lake Industry Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience5
Momentum5
OVERALL SMART SCORE3.6

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

Analysts have highlighted positive long-term prospects for Qinghai Salt Lake Industry with impressive scores across various key factors. The company has secured a top score in Growth, Resilience, and Momentum, indicating strong potential for future expansion and market performance. With a strong emphasis on innovation and market adaptability, Qinghai Salt Lake Industry is expected to navigate challenges effectively and capitalize on emerging opportunities. These high scores reflect a favorable outlook for the company’s long-term growth trajectory.

Although the company received a lower score in Dividend and Value factors, the overall positive sentiment towards Qinghai Salt Lake Industry remains robust. Their focus on manufacturing fertilizer products, including potash fertilizers and potassium chloride, positions them well in the industry. Additionally, their diversified product portfolio including salts, chemicals, and other items provides a strong foundation for sustained growth. Investors may find Qinghai Salt Lake Industry an attractive long-term investment opportunity based on its impressive ratings across key performance indicators.


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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