Earnings Alerts

Zte Corp A (000063) Earnings: 1H Net Income Rises to 5.73B Yuan, EPS Up to 1.20 Yuan

  • ZTE’s net income for the first half of 2024 was 5.73 billion yuan, an increase of 4.8% compared to the same period in 2023.
  • Revenue for the first half of 2024 was 62.49 billion yuan, up by 2.9% year-over-year.
  • Earnings per share (EPS) for the first half of 2024 were 1.20 yuan, compared to 1.15 yuan the previous year.
  • Market sentiment includes 12 buy recommendations, 7 hold recommendations, and 1 sell recommendation.
  • All comparisons are based on values reported from the company’s original disclosures.

A look at Zte Corp A Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.8

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, ZTE Corp A shows promising long-term potential. With above-average scores in Value, Dividend, Growth, Resilience, and Momentum, the company demonstrates strength across key factors. Its solid performance across these areas suggests a positive outlook for investors seeking a company with a balanced approach to investment.

ZTE Corporation, a developer and marketer of various communication systems and devices, presents a compelling investment opportunity. With notable scores in Value, Dividend, Growth, Resilience, and Momentum, the company’s overall outlook appears favorable. ZTE’s diverse product offerings, including networking solutions for communication setup and optimization, position it well for sustained growth and resilience in the ever-evolving market landscape.

### ZTE Corporation develops and markets switches, access servers, videoconferencing systems, mobile communication systems, data communication devices, and optical communication devices. The Company also offers networking solutions for setup, refurbishment, and optimization of networks. ###


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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