- Zhejiang Chint Electric’s net income for the first half of 2024 is 1.92 billion yuan.
- This indicates a 1.2% increase compared to the previous year, which was 1.9 billion yuan.
- The company’s revenue reached 28.99 billion yuan, showing a 3.9% rise year-over-year.
- Earnings per share (EPS) stand at 90 RMB cents.
- Zhejiang Chint Electric has received 10 buy ratings and 2 hold ratings, with no sell ratings.
A look at Zhejiang Chint Electrics A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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
Based on the Smartkarma Smart Scores, Zhejiang Chint Electrics A is positioned with promising long-term prospects. The company received strong ratings across multiple factors, showcasing its overall positive outlook. With a high score in both value and dividend, Zhejiang Chint Electrics A demonstrates financial stability and potential for returns, making it an attractive investment option for investors seeking consistent performance.
Additionally, the company’s momentum score of 4 suggests that Zhejiang Chint Electrics A is in an upward trend, indicating potential growth opportunities in the future. While resilience scored slightly lower, the company’s solid performance in other areas bodes well for its ability to weather market fluctuations and emerge stronger.
Summary of Zhejiang Chint Electrics Co., Ltd.: Zhejiang Chint Electrics Co., Ltd. specializes in manufacturing low voltage electric appliances, including a wide range of high, medium, and low voltage electrical apparatus, power transmission and distribution equipment, and measuring meters and instruments.
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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