Earnings Alerts

TBEA Co Ltd A (600089) Earnings: Preliminary 1H Net Income Expected to Drop by Up to 62%

  • TBEA announced its preliminary net income for the first half of 2024, ranging from 2.8 billion yuan to 3.1 billion yuan.
  • The company’s expected net income represents a significant year-on-year decline, estimated at -58.5% to -62.5%.
  • Analyst recommendations for TBEA stocks are predominantly positive, with 7 buys, 0 holds, and 1 sell.

TBEA Co Ltd A on Smartkarma

Analyst coverage of TBEA Co Ltd A on Smartkarma reveals insights from Janaghan Jeyakumar, CFA. In the research report titled “Quiddity Leaderboard SSE50/180 Dec 24: Some Expected DELs Could Underperform Peers,” Jeyakumar offers a bearish sentiment. The report discusses upcoming changes in the SSE 50 and SSE 180 indexes, highlighting potential underperformance of certain stocks compared to their peers. As of now, one-way flows are estimated at US$1.4bn for SSE 50 and US$235mn for SSE 180, setting the stage for interesting developments as the reference period progresses.


A look at TBEA Co Ltd A Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience2
Momentum4
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

With a strong emphasis on growth and dividends, TBEA Co Ltd A is positioned favorably in the long-term outlook according to Smartkarma Smart Scores. Scoring high in both the Growth and Dividend categories, the company shows promising signs for future expansion and income distribution to its investors. Furthermore, with a solid Value score, TBEA Co Ltd A is believed to offer good value for its current price in the market. While there are some concerns regarding Resilience, the company’s Momentum score suggests positive market momentum, indicating a potential upward trend in the future.

TBEA Co Ltd A, a company primarily in the business of manufacturing electrical transformers and related equipment, as well as venturing into real estate development, seems to have a bright outlook ahead. Benefiting from high scores in Growth and Dividend, the company showcases its potential for steady growth and income generation. Although facing challenges in the Resilience aspect, TBEA Co Ltd A remains competitive with a favorable Momentum score, indicating a possible uptrend in its performance 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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