Earnings Alerts

Shanghai International Port Group (600018) Earnings Report: Stellar 1Q Net Income of 3.70B Yuan, Boosting Revenue to 8.95 Billion Yuan

• Shanghai Port reported a net income of 3.70 billion yuan in the first quarter of 2024.

• The company garnered revenue amounting to 8.95 billion yuan during the same period.

• There seems to be a mixed sentiment among investors, with 3 buys, 0 holds, and 3 sells.


A look at Shanghai International Port Group Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.2

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 Port (Group) Co., Ltd, a holding company with investments in container and port services, seems to have a promising long-term outlook based on the Smartkarma Smart Scores. With top marks in Value and Momentum, the company is positioned well for growth and potential investment returns. A strong emphasis on dividends and growth, with solid resilience in the face of market challenges, further bolsters its standing. While not the highest in Resilience, the overall scores indicate a positive outlook for Shanghai International Port Group.

In summary, Shanghai International Port Group, as indicated by its Smartkarma Smart Scores, showcases a robust performance across various key factors essential for long-term success. With strong emphasis on value, dividends, growth, and momentum, the company is positioned favorably in the container and port service industry. While facing some challenges in resilience, the overall outlook appears positive, making it a potential attractive choice for investors seeking opportunities in this 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars