Earnings Alerts

Zhengzhou Yutong Bus Co A (600066) Earnings Surge: 1H Net Income Jumps to 1.67B Yuan Y/Y

  • Net Income Surge: Yutong Bus reported a net income of 1.67 billion yuan for the first half of 2024, a significant increase from 470.4 million yuan year over year.
  • Revenue Growth: The company’s revenue for the same period was 16.3 billion yuan, reflecting a 47% increase year over year.
  • Research & Development: Yutong Bus’s R&D expenses rose by 6.8%, amounting to 740.0 million yuan.
  • Analyst Ratings: The company has received 20 buy ratings, 1 hold, and 0 sells from analysts.
  • Comparison Basis: All comparisons are based on the values reported in the company’s original disclosures.

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

When looking at Zhengzhou Yutong Bus Co A‘s long-term outlook based on Smartkarma Smart Scores, the future appears promising. With top scores in Dividend, Growth, Resilience, and Momentum, the company seems to be in a strong position for sustained success. Zhengzhou Yutong Bus Co A‘s high scores indicate a strong dividend payout, solid growth potential, excellent resilience in challenging market conditions, and positive momentum in its stock performance.

As a manufacturer and marketer of medium and large size buses, Zhengzhou Yutong Bus Co A‘s positive Smart Scores suggest that the company is well-positioned to continue its growth and deliver value to investors in the long run. Overall, the company’s strong performance across these key factors bodes well for its future prospects and indicates a solid foundation for potential success in the bus manufacturing industry.


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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