Earnings Alerts

Wanhua Chemical Group Co A (600309) Earnings: 1H Net Income at 8.17B Yuan, Revenue Hits 97.07B Yuan

  • Net Income: Wanhua Chemical reported a net income of 8.17 billion yuan for the first half of 2024.
  • Revenue: The company’s revenue for this period was 97.07 billion yuan.
  • Net Income Change: There was a 4.6% decrease in net income compared to the previous period.
  • Analyst Ratings: The company’s stock received 32 buy ratings, 0 hold ratings, and 1 sell rating.

A look at Wanhua Chemical Group Co A Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience2
Momentum4
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

Wanhua Chemical Group Co A has received a middling score in terms of its value, suggesting that the company may not be undervalued nor overvalued in the market. However, it has scored well in terms of dividends and growth potential, indicating that the company is likely to provide good returns to its shareholders and has promising prospects for expansion. Furthermore, Wanhua Chemical Group Co A has shown strong momentum, which could mean that the company is performing well in the market currently.

Despite its positive outlook in certain areas, Wanhua Chemical Group Co A has received a lower score for resilience, indicating a potential vulnerability to market fluctuations or economic challenges. Investors may want to consider this factor when assessing the long-term stability of the company. Overall, based on the Smartkarma Smart Scores, Wanhua Chemical Group Co A appears to have solid potential for growth and dividend returns, with a focus on chemical products development and manufacturing.


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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