Shenzhou Intl Group Holdings (2313) Earnings: 1H Net Income Surpasses Estimates at 2.93 Billion Yuan

Shenzhou Intl Group Holdings on Smartkarma

Analyst coverage of Shenzhou Intl Group Holdings on Smartkarma by Steve Zhou, CFA, presents a bullish outlook with higher visibility into the restocking cycle. In a recent report titled “Shenzhou Intl (2313 HK): Higher Visibility Into Restocking Cycle,” Zhou highlights Shenzhou as an excellent proxy for exposure to the global sportswear sector. Despite a weak second half of 2023 with a 6% yoy sales decline, the company saw a 10% yoy growth in net profit during the same period. The key takeaway from the report is Shenzhou’s optimistic stance on 2024, as indicated during the results briefing. This positive outlook enhances the visibility in the company’s order recovery thesis, making Shenzhou an attractive investment option in the sportswear industry.

A look at Shenzhou Intl Group Holdings Smart Scores

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

Shenzhou International Group Holdings Ltd, a textile manufacturing and processing company, has received respectable Smartkarma Smart Scores across various key factors indicating a positive long-term outlook. With solid scores in Dividend, Growth, Resilience, and Momentum, the company seems to be on a steady path towards sustained success. While the Value score is moderate, the strong performance in Dividend, Growth, Resilience, and Momentum suggests that Shenzhou Intl Group Holdings is well-positioned for future growth and stability in the textiles industry.

Manufacturing, dyeing, finishing, printing, embroidering, cutting, and sewing knitwear, Shenzhou Intl Group Holdings has established a robust presence in the textiles sector. The company’s impressive Smart Scores in Dividend, Growth, Resilience, and Momentum point towards a promising trajectory for its long-term performance. Investors may find Shenzhou Intl Group Holdings to be a compelling prospect for potential returns and sustained growth in the evolving textile industry.

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