Earnings Alerts

Shandong Gold Mining Co., Ltd (600547) Earnings Surge 57% in 1H, Net Income Hits 1.38B Yuan

  • Shandong Gold’s net income for the first half of 2024 is 1.38 billion yuan.
  • This marks a 57% increase compared to the net income of 879.8 million yuan reported in the same period last year.
  • The company’s revenue stands at 45.77 billion yuan, reflecting a 67% year-over-year growth.
  • Analyst ratings include 17 buy recommendations, 0 hold recommendations, and 1 sell recommendation.
  • Comparative data is based on the company’s original disclosures.

A look at Shandong Gold Mining Co., Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.2

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

Shandong Gold Mining Co., Ltd. holds a promising long-term outlook according to Smartkarma Smart Scores assessment. The company scores high on Growth and Momentum, indicating strong potential for future expansion and positive market performance. With a focus on mining gold, silver, and sulphur, Shandong Gold Mining Co., Ltd. seems well-positioned to capitalize on its operations and maintain a trajectory for growth.

While the Value and Dividend scores are moderate, the company’s high scores in Growth and Momentum suggest an optimistic outlook for investors seeking long-term prospects. Shandong Gold Mining Co., Ltd. appears to have solid prospects for sustainable development and market resilience, making it an intriguing option for those looking for growth opportunities in the mining sector.


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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