Earnings Alerts

Sichuan Chuantou Energy (600674) Earnings: 9M Net Income Surges 15% to 4.42 Billion Yuan

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  • Sichuan Chuantou reported a preliminary net income increase of 15% for the first nine months of 2024.
  • The preliminary net income amounted to 4.42 billion yuan.
  • Analyst recommendations for Sichuan Chuantou include 11 ‘buys,’ 1 ‘hold,’ and no ‘sells’.

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A look at Sichuan Chuantou Energy Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum2
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

Analysts using Smartkarma Smart Scores have given Sichuan Chuantou Energy a generally positive outlook for the long term. With strong scores in Dividend and Growth at 4, this indicates that the company is expected to provide good returns to its shareholders while also showing potential for expansion and development. Furthermore, its Resilience score of 3 suggests that Sichuan Chuantou Energy has the ability to withstand economic uncertainties and market volatility, providing a certain level of stability.

However, the company scored lower in Momentum at 2, indicating a slower pace in market performance. The Value score of 3 suggests that the stock may not be deemed undervalued by the market, which could affect potential for future price appreciation. Overall, with a mix of positive and slightly concerning scores, investors may want to consider the company’s strong points in dividends, growth, and resilience alongside its weaker momentum and value aspects when making investment decisions.

Summary: Sichuan Chuantou Energy Co., Ltd. invests in electric power projects and manufactures various automation equipment through its subsidiaries, indicating a diversified business approach.


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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