Earnings Alerts

1Q Earnings Update: Baoshan Iron & Steel Co A (600019) Reports 1.93B Yuan Net Income

  • Baoshan Steel recorded a net income of 1.93 billion yuan in the first quarter.
  • The revenue generated in the first quarter amounted to 80.81 billion yuan.
  • The company’s earnings per share (EPS) stood at 9.0 RMB cents.
  • Investors show strong confidence in the company with 20 buys and 1 hold, and no sells.

A look at Baoshan Iron & Steel Co A Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE4.0

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, Baoshan Iron & Steel Co A shows a promising long-term outlook. With a strong Value score of 5, the company is considered to be undervalued compared to its peers, presenting a potential investment opportunity. Additionally, a solid Dividend score of 4 indicates that Baoshan Iron & Steel Co A offers attractive dividend payouts to investors, adding to its appeal.

While the company’s Growth score of 3 and Resilience score of 3 suggest moderate prospects in terms of expansion and ability to withstand market challenges, its Momentum score of 5 highlights strong positive price momentum, indicating a bullish trend in the stock. Overall, Baoshan Iron & Steel Co A‘s scores reflect a favorable overall outlook for investors seeking a well-rounded investment opportunity in the iron and steel sector.

Summary: Baoshan Iron & Steel Co., Ltd. is a manufacturer of various iron and steel products, including cold rolled plates, hot rolled plates, seamless steel tubes, wire rods, and steel billets. The company also has operations in energy production-related businesses.


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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