- Zhuzhou CRRC’s net income for the first half of 2024 is 1.51 billion yuan.
- This represents a 31% increase compared to 1.15 billion yuan from the same period last year.
- Revenue for the first half of 2024 totals 10.3 billion yuan.
- Revenue has grown by 20% compared to the previous year’s first half.
- 20 analysts recommend buying the stock, with 2 holding and none recommending selling.
Zhuzhou CRRC Times Electric Co., Ltd. on Smartkarma
Analysts on Smartkarma, such as Travis Lundy, are closely monitoring Zhuzhou CRRC Times Electric Co., Ltd., providing valuable insights on the company’s performance. In a recent report titled “A/H Premium Tracker,” Lundy expressed a bullish sentiment towards the stock. The report highlighted the Quiddity AH Monitor Portfolio’s performance, showing a tilt towards long H positions over A. Despite wide spreads, Lundy recommended 7 trades and emphasized the significant spread remaining in the market. Last week’s choice of Longyuan Power saw notable gains, indicating opportunities within the A/H premium market.
A look at Zhuzhou CRRC Times Electric Co., Ltd. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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, Zhuzhou CRRC Times Electric Co., Ltd. shows a promising long-term outlook across various key factors. With solid scores of 4 in Value, Dividend, Growth, and Resilience, along with a top score of 5 in Momentum, the company is positioned well for future growth and stability. Zhuzhou CRRC Times Electric Co., Ltd. specializes in providing and integrating train-borne electrical systems for the PRC Railway industry. Additionally, they are involved in the development, manufacturing, and sale of train power converters, auxiliary power supply equipment, and control systems for urban rail systems.
The combination of strong scores across essential aspects such as Value, Dividend, Growth, Resilience, and Momentum suggests a positive outlook for Zhuzhou CRRC Times Electric Co., Ltd. The company’s focus on train-borne electrical systems and related equipment for the railway industry provides a solid foundation for future expansion and profitability. Investors may find the company appealing due to its consistent performance and growth potential in the urban rail systems sector. Zhuzhou CRRC Times Electric Co., Ltd.‘s robust Smartkarma Smart Scores indicate a promising trajectory for the company in the long term.
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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