Earnings Alerts

Zhuzhou CRRC Times Electric Co., Ltd. (3898) Earnings Surge: Preliminary 1H Net Income Up 31%

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  • Zhuzhou CRRC reported a preliminary net income increase of 31% for the first half of 2024.
  • The preliminary net income reached 1.51 billion yuan.
  • Analysts have given Zhuzhou CRRC 20 buy ratings.
  • The company received 2 hold ratings and no sell ratings from analysts.

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Zhuzhou CRRC Times Electric Co., Ltd. on Smartkarma

Analysts on Smartkarma, such as Travis Lundy, are closely following Zhuzhou CRRC Times Electric Co., Ltd. through insightful research reports. In a recent report titled “A/H Premium Tracker: Liquid AH Premia Still Very Wide,” Lundy noted that the Quiddity AH Monitor Portfolio experienced a -0.26% performance last week. The report highlights a long bias towards H shares compared to A shares, with significant spread variations. Lundy recommended 7 trades and tracked the positioning and volatility of A/H premia over time, providing in-depth analysis of southbound and northbound positioning.

Last week’s recommendation on Longyuan Power yielded a 5.24% return, showcasing the potential gains in the market. The report indicates that while narrow AH premia have reduced, wider premia have seen H shares outperform. Lundy emphasizes the ample spread opportunities still available in the market, offering 7 new recommendations for investors looking to capitalize on the current market dynamics.


A look at Zhuzhou CRRC Times Electric Co., Ltd. Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE4.2

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

Analysing the Smartkarma Smart Scores for Zhuzhou CRRC Times Electric Co., Ltd., it is evident that the company is positioned favorably for the long term. With strong scores across key factors, including Value, Dividend, Growth, Resilience, and Momentum, Zhuzhou CRRC Times Electric Co., Ltd. presents a promising outlook. The company’s emphasis on providing and integrating train-borne electrical systems for the PRC Railway industry, along with its focus on developing and manufacturing train power converters, auxiliary power supply equipment, and control systems for urban rail systems, underpins its robust performance in various aspects.

Considering the high scores across the board, Zhuzhou CRRC Times Electric Co., Ltd. showcases a solid foundation for sustained growth and resilience in the market. With a strong emphasis on value, dividend payouts, growth prospects, resilience to market fluctuations, and momentum in its operations, the company appears well-equipped to navigate challenges and capitalize on opportunities in the railway industry. Investors may find Zhuzhou CRRC Times Electric Co., Ltd. an attractive prospect for long-term investment given its overall positive outlook as reflected in the Smartkarma Smart Scores.


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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