- Net Income: XCMG reported a net income of 3.71 billion yuan for the first half of 2024.
- Revenue: The company’s revenue for the same period reached 49.63 billion yuan.
- Analyst Recommendations:
- 18 analysts rated the stock as a ‘buy’.
- 1 analyst gave it a ‘hold’.
- 1 analyst advised to ‘sell’.
A look at XCMG Construction Machinery A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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
Based on the Smartkarma Smart Scores, XCMG Construction Machinery A shows a positive long-term outlook overall. With strong scores in areas like Value and Dividend, the company is positioned well in terms of financial health and ability to provide returns to investors. Additionally, its high Momentum score suggests that the company is experiencing strong upward trends, which could indicate good performance in the future. However, its lower scores in Growth and Resilience indicate areas where there may be room for improvement.
XCMG Construction Machinery Co., Ltd. is engaged in manufacturing and marketing various types of construction machinery, including road construction machinery, scrapers, concrete mixers, and related products. With solid scores in Value, Dividend, and Momentum, the company appears to have a strong foundation for success in the long term. While there are some areas for potential growth and resilience improvements, XCMG Construction Machinery A seems well-positioned to continue its positive trajectory in the construction machinery sector.
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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