Earnings Alerts

Shanghai International Airport (600009) Earnings Soar: 1H Net Income Jumps 436% to 557%, $710M to $870M

  • Shanghai Airport’s preliminary net income for the first half of 2024 is estimated to be between 710.0 million yuan and 870.0 million yuan.
  • This preliminary net income shows a significant increase, ranging from 436% to 557%, compared to the same period last year.
  • The stock has received 20 buy ratings, 3 hold ratings, and 3 sell ratings from analysts.

A look at Shanghai International Airport Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth5
Resilience3
Momentum4
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

Shanghai International Airport Co., Ltd. operates Pudong Airport and Hongqiao Airport in Shanghai, offering a comprehensive suite of services such as air traffic control, terminal management, cargo handling, advertising, and space rental. The Smartkarma Smart Scores for the company indicate a promising long-term outlook. With a high score of 5 for Growth and 4 for Momentum, Shanghai International Airport is poised for expansion and has positive market momentum.

While the company scores moderately on Value and Resilience with scores of 3 for both factors, the lower score of 1 for Dividend suggests a weaker performance in terms of dividend payouts. Despite this, the overall outlook for Shanghai International Airport appears bright, with strong growth potential and market momentum driving its long-term prospects in the aviation industry.


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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