Earnings Alerts

Tongwei Co Ltd A (600438) Earnings Report: 1H Net Loss Hits 3.13 Billion Yuan

  • Net Loss: Tongwei reported a net loss of 3.13 billion yuan for the first half of the year.
  • Revenue: The company generated revenue of 43.80 billion yuan.
  • Loss Per Share: The loss per share amounted to 64.55 RMB cents.
  • Analyst Ratings:
    • 24 analysts have given a ‘buy’ rating.
    • 5 analysts have given a ‘hold’ rating.
    • 6 analysts have given a ‘sell’ rating.

A look at Tongwei Co Ltd A Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE3.6

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

Investors looking at Tongwei Co Ltd A‘s long-term prospects should take note of its Smartkarma Smart Scores, which provide insight into different aspects of the company. With strong scores in Value, Dividend, and Growth, Tongwei Co Ltd A shows promise in these areas. Its high Dividend score indicates a solid track record of paying dividends to shareholders, while the Growth score suggests potential for future expansion.

However, Tongwei Co Ltd A‘s lower scores in Resilience and Momentum highlight areas that may require attention. The company’s Resilience score indicates some vulnerability to market fluctuations, and the Momentum score suggests a slower pace of positive market performance. Overall, while Tongwei Co Ltd A has strengths in certain areas, investors may want to consider the factors contributing to its Smart Scores when assessing their investment decisions.

Summary:
### Tongwei Co., Ltd. produces and markets aquatic and animal feeds. The Company also sells animal medicines. ###


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