Earnings Alerts

Tongling Nonferrous Metals Group (000630) Earnings: FY Net Income Hits 2.81B Yuan with Strong Revenue Insights

  • Net Income of Tongling Metals: Tongling Metals reported a net income of 2.81 billion yuan for the fiscal year.
  • Significant Revenue: The company generated a substantial revenue of 145.53 billion yuan.
  • Analyst Ratings: Tongling Metals received six ‘buy’ ratings and no ‘hold’ or ‘sell’ recommendations, indicating strong confidence in the company’s performance.

A look at Tongling Nonferrous Metals Group Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience3
Momentum2
OVERALL SMART SCORE3.4

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 examining Tongling Nonferrous Metals Group Co., Ltd. have assessed the company’s long-term prospects utilizing the Smartkarma Smart Scores. This scoring system rates various aspects of the company, with Tongling Nonferrous Metals Group scoring a solid 4 out of 5 for Value, Dividend, and Growth, indicating a positive outlook in these areas. In terms of Resilience, the company scored a respectable 3, suggesting a moderate level of stability. However, the Momentum score for Tongling Nonferrous Metals Group was lower at 2, indicating a weaker performance in this aspect. Overall, with strong ratings in Value, Dividend, and Growth, Tongling Nonferrous Metals Group appears to have a promising long-term outlook despite its lower momentum score.

Tongling Nonferrous Metals Group Co., Ltd. is primarily engaged in the refining and marketing of electrolytic copper, gold, and aluminum materials. The company, through its subsidiaries, also participates in the manufacturing of sulfuric acid and mineral trading activities. With its focus on these core activities, Tongling Nonferrous Metals Group has garnered positive ratings across key areas such as Value, Dividend, and Growth, reflecting its position as a strong player in the industry with potential for long-term growth and sustainability.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars