Earnings Alerts

Shanghai Pudong Development Bank Co. (600000) Earnings: Prelim 1H Net Income Reaches 26.99B Yuan

  • Pudong Bank’s preliminary net income for the first half of 2024 is 26.99 billion yuan.
  • The preliminary earnings per share (EPS) is 82 RMB cents.
  • Analyst recommendations:
    • 9 buy ratings
    • 0 hold ratings
    • 2 sell ratings

A look at Shanghai Pudong Development Bank Co. Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE4.0

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

Shanghai Pudong Development Bank Co. is positioned favorably for long-term growth based on its Smartkarma Smart Scores. With top scores in Value and Dividend, the company shows strong fundamentals and a commitment to rewarding shareholders. While Growth and Resilience scores are moderate, the bank’s solid performance in Momentum indicates positive market sentiment and potential for continued upward trajectory.

Overall, Shanghai Pudong Development Bank Co. presents a promising outlook for investors looking for a combination of value and income. As a provider of a range of banking services to various customer segments, including individuals and companies, the bank’s high scores in Value, Dividend, and Momentum highlight its potential for sustained success in the long run.


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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