Earnings Alerts

Shanghai Electric Group Company (601727) Earnings: 1H Net Income Soars to 601.7M Yuan with EPS of 3.90 RMB Cents

  • Net Income: Shanghai Electric’s net income for the first half of 2024 is 601.7 million yuan.
  • Earnings Per Share (EPS): The EPS is reported at 3.90 RMB cents.
  • Analyst Ratings: Out of 5 analyst recommendations, there are:
    • 3 Buy ratings
    • 1 Hold rating
    • 1 Sell rating

Shanghai Electric Group Company on Smartkarma

Analyzing the insights on Shanghai Electric Group Company by Janaghan Jeyakumar, CFA on Smartkarma reveals a bullish sentiment towards the company’s prospects. In the research report titled “Quiddity Leaderboard CSI 300/500 Jun 24: SHORTs Down 11% Vs Index Since Mid-Feb; Change the Hedge,” Jeyakumar estimates significant one-way flows for the CSI 300 and CSI 500 rebalances in June 2024. The report provides insights on potential ADDs/DELs for the rebalance, with expectations of changes for both indices. Despite some fluctuation in stock names, the long/short trades recommended by the analyst eight weeks ago have shown a gain of 11.26%.

With a focus on the largest stocks from the Shanghai and Shenzhen Exchanges, the report indicates an optimistic outlook on Shanghai Electric Group Company‘s performance. Investors can find valuable analysis and recommendations by Jeyakumar on Smartkarma, a platform where top independent analysts like Jeyakumar publish research on various companies. The detailed insights provided in the research report offer valuable information for investors looking to make informed decisions regarding Shanghai Electric Group Company and the broader market trends.


A look at Shanghai Electric Group Company Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.0

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 at Smartkarma have assessed Shanghai Electric Group Company‘s long-term outlook using the Smart Scores system, which rates different aspects of the company. The company received a high score of 4 in Value, indicating strong value potential. However, its Dividend score is lower at 1, suggesting limited dividend prospects. In terms of Growth and Resilience, Shanghai Electric Group Company received moderate scores of 3, indicating potential for growth and resilience in the face of challenges. Additionally, the company scored a 4 in Momentum, suggesting positive momentum in its performance.

Shanghai Electric Group Company Limited is primarily involved in manufacturing power generation equipment. The company’s product range includes thermal generator sets, nuclear power units, wind power equipment, power transmission and distribution equipment, as well as environmental protection equipment. Considering the Smart Scores assessment, Shanghai Electric Group Company shows promising value potential, moderate growth prospects, and a positive momentum outlook, despite limited dividend opportunities.


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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