Earnings Alerts

Shandong Hualu Hengsheng A (600426) Earnings Surge: 1H Net Income Up 30.1% to 2.22B Yuan

  • Net Income: Hualu Hengsheng reported a net income of 2.22 billion yuan for the first half of 2024.
  • Revenue: The company generated a revenue of 16.98 billion yuan during this period.
  • Growth: Net income saw a remarkable increase of 30.1% compared to the previous year.
  • Analyst Ratings: There are 29 buy recommendations, with no hold or sell ratings.

A look at Shandong Hualu Hengsheng A Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience3
Momentum3
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

Shandong Hualu Hengsheng Chemical Co., Ltd. has a promising long-term outlook based on the Smartkarma Smart Scores. With solid scores in Value, Dividend, and Growth, the company is positioned well for future success. Its focus on manufacturing urea, methanol, DMF, formaldehyde, trimethylamine, and other chemical products indicates a diverse product portfolio that can drive growth.

Despite slightly lower scores in Resilience and Momentum, the overall outlook for Shandong Hualu Hengsheng A remains positive. The company’s strong performance in key areas bodes well for its continued growth and profitability in the chemical manufacturing sector. Investors may find Shandong Hualu Hengsheng A to be a valuable long-term investment opportunity.


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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