Earnings Alerts

AECC Aviation Power (600893) Earnings Soar with FY Net Income of 1.42B Yuan

  • Avic Aviation Engine’s net income for the fiscal year was 1.42 billion yuan.
  • The company’s revenue for the same period reached 43.73 billion yuan.
  • There were 15 buys, indicating a strong investor interest in the company.
  • No holds or sells were reported, further highlighting the positive market sentiment towards Avic Aviation Engine.

AECC Aviation Power on Smartkarma

AECC Aviation Power, a leading company in the aviation industry, has recently been covered by top independent analysts on Smartkarma, an independent investment research network. According to a recent report by Janaghan Jeyakumar, CFA, a renowned analyst on the platform, the SSE 50 and SSE 180 indexes are expected to see significant changes during the June 2024 index rebalancing event. The report suggests that there could be US$1.34bn of index buying and US$697mn of index selling for the SSE 50, which represents the performance of the 50 largest and most liquid A-share stocks listed on the Shanghai Stock Exchange. This could have a significant impact on AECC Aviation Power‘s stock performance.


A look at AECC Aviation Power Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE2.8

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, AECC Aviation Power has a promising long-term outlook. The company received a score of 4 for momentum, indicating strong growth potential. This is supported by a score of 3 for both value and growth, indicating that the company is undervalued and has potential for future growth. However, the company received a score of 2 for both dividend and resilience, suggesting that it may not be the most stable investment option. Overall, with a strong momentum score and potential for growth, AECC Aviation Power is a company to keep an eye on in the aerospace industry.

AECC Aviation Power is a manufacturer and distributor of aerospace products, including aircraft power devices, turbines, and engines. In addition, the company offers services such as equipment testing and maintenance. Based on the Smartkarma Smart Scores, AECC Aviation Power has a positive outlook for the future. With a score of 4 for momentum, the company has strong potential for growth. However, its scores of 3 for both value and growth suggest that it may be undervalued and have room for further development. It is important to note that the company received lower scores for dividend and resilience, indicating potential risks for investors. Overall, AECC Aviation Power is a company with promising growth prospects in the aerospace 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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