Earnings Alerts

Zhengzhou Yutong Bus Co A (600066) Earnings Skyrocket by 230%-280% in 1H 2023

  • Massive Profit Increase: Yutong Bus reports a preliminary net income increase of 230% to 280% for the first half of the year.
  • Substantial Earnings: Preliminary net income ranges between 1.55 billion yuan to 1.79 billion yuan.
  • Reasons for Growth: Significant increase in both exports and sales within China are cited as primary factors for the income surge.
  • Positive Market Sentiment: The company enjoys strong market confidence with 19 buy ratings, 1 hold rating, and no sell ratings.

A look at Zhengzhou Yutong Bus Co A Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth5
Resilience5
Momentum5
OVERALL SMART SCORE4.4

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

Investors eyeing Zhengzhou Yutong Bus Co A can find encouragement in the company’s overall outlook according to Smartkarma Smart Scores. The ratings for Value, Dividend, Growth, Resilience, and Momentum point towards a positive trajectory. With top scores in Dividend, Growth, Resilience, and Momentum, Zhengzhou Yutong Bus Co A showcases strength that may attract long-term investors seeking stability and potential growth in the bus manufacturing industry.

As a medium and large-size bus manufacturer, Zhengzhou Yutong Bus Co A is positioned with promising indicators across various key factors. The company’s high scores in Dividend, Growth, Resilience, and Momentum reflect a robust foundation that can be appealing for investors looking for a solid long-term investment opportunity in the 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.
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