Earnings Alerts

Shanxi Lu’An Environmental Energy Dev.Co (601699) Earnings Soar: 1H Net Income Hits 2.23B Yuan, Revenue at 17.65B Yuan

  • Shanxi Lu’an reported a net income of 2.23 billion yuan in the first half of 2024.
  • The company generated revenue of 17.65 billion yuan during the same period.
  • Analysts give the company strong ratings with 12 buys, and no holds or sells.

A look at Shanxi Lu’An Environmental Energy Dev.Co Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience4
Momentum2
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

Shanxi Lu’An Environmental Energy Dev.Co is positioned favorably for long-term growth and stability based on the Smartkarma Smart Scores. With top marks in Value, Dividend, and Growth, the company shows promising signs of strong financial health, attractive valuation, and potential for expansion. Additionally, its focus on exploring coal-related technologies indicates a proactive approach to staying competitive in the industry.

While Shanxi Lu’An scores slightly lower in Resilience and Momentum, the overall outlook remains positive. The company’s ability to provide consistent dividends and its robust growth prospects outweigh any minor concerns in these areas. Investors eyeing a solid performer in the coal sector may find Shanxi Lu’An Environmental Energy Dev.Co an appealing choice for long-term investment.

Summary of the company:
### Shanxi Lu’an Environmental Energy Development Co., Ltd. mines, processes, and markets low sulfur high quality coal. The company also researches and develops coal and environment protection related technologies. ###


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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