Earnings Alerts

Shandong Gold Mining Co., Ltd (600547) Earnings Surpass Estimates with Impressive FY Net Income and Revenue

  • Shandong Gold’s net income for the fiscal year surpassed estimates, coming in at 2.33 billion yuan. The initial estimate was 2.15 billion yuan.
  • The company also beat revenue estimates. It reported a revenue of 59.28 billion yuan, compared to the estimated 58.72 billion yuan.
  • The final dividend per share for the year was 14 RMB cents.
  • Out of 17 ratings, Shandong Gold received 16 buys, 0 holds, and 1 sell.

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

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE2.8

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 has a positive long-term outlook according to the Smartkarma Smart Scores. The company has received a score of 5 for momentum, indicating that it is performing well in terms of growth and market trends. This is a good sign for investors as it suggests that the company has a strong potential for future growth.

Additionally, the company has received a score of 3 for growth, indicating that it is expected to experience steady growth in the long run. This is further supported by the company’s main activities of mining, producing, and processing gold, silver, and sulphur. These are valuable resources that are in high demand, especially in the current economic climate.

However, the company has received lower scores in other areas such as value and dividend, with scores of 2 for both. This suggests that the company may not be as attractive in terms of its current value and dividend offerings. Despite this, the high scores for momentum and growth make Shandong Gold Mining Co., Ltd a company to watch for potential long-term investment opportunities.

In summary, Shandong Gold Mining Co., Ltd is a mining company that focuses on gold, silver, and sulphur production. The company has received high scores for momentum and growth, indicating a positive outlook for its future performance. While the scores for value and dividend are lower, the company’s main activities and market trends make it a potentially attractive option for long-term investors.


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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