Earnings Alerts

Zhejiang Dahua Technology A (002236) Earnings: 1H Net Income Declines 8.4% YoY to 1.81B Yuan

  • Dahua Technology’s net income for the first half of 2024 is 1.81 billion yuan.
  • This net income figure represents an 8.4% decline compared to the same period last year, which was 1.98 billion yuan.
  • The company’s revenue for the first half of 2024 is 14.87 billion yuan.
  • This revenue shows a 1.6% increase from the previous year’s revenue for the same period.
  • Net income has experienced a decrease of 8.42%.
  • Analyst ratings for the company include 19 buys, 3 holds, and 1 sell.

A look at Zhejiang Dahua Technology A Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience4
Momentum2
OVERALL SMART SCORE4.0

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

Investment analysts believe that Zhejiang Dahua Technology A has a positive long-term outlook based on its Smartkarma Smart Scores. With top scores in Dividend and Growth, the company is seen as offering strong returns to investors while also experiencing significant expansion. Additionally, its high Value and Resilience scores indicate solid financial health and capacity to weather market challenges. However, despite these strengths, Zhejiang Dahua Technology A received a lower score in Momentum, suggestive of a slower upward trend in the near future.

Zhejiang Dahua Technology Co., Ltd. specializes in researching, designing, and manufacturing security and surveillance equipment. Known for its modular approach, the company offers flexible solutions for different setups and future scalability. With its strong performance in dividend payout, growth potential, and overall resilience, Zhejiang Dahua Technology A is positioned as a key player in the security technology 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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