Earnings Alerts

Analysis of Ningxia Baofeng Energy Group C (600989) Earnings: Strong 1Q Profit with 1.42B Yuan Net Income

  • Baofeng Energy reported their 1Q net income to be 1.42 billion yuan.

  • The company also recorded a substantial revenue of 8.23 billion yuan.

  • There have been 24 buys related to Baofeng Energy’s stocks, with no holds or sells reported.


A look at Ningxia Baofeng Energy Group C Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.4

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

Analysts utilizing the Smartkarma Smart Scores highlight a mixed long-term outlook for Ningxia Baofeng Energy Group C. With a solid score in dividend and growth factors, indicating the company’s strong performance in these areas, there is potential for steady returns and expansion. However, the lower scores in value and resilience factors suggest some caution may be warranted due to underlying risks and valuation concerns. Nevertheless, with a top score in momentum, indicating strong upward performance trends, the company may be poised for positive growth in the future.

Ningxia Baofeng Energy Group Co., Ltd. specializes in manufacturing and distributing various chemical products, including methanol, olefin, coal tars, and petrochemical oils. The company’s diverse product range positions it in the chemical industry, with a focus on generating value and dividends for its investors. Despite facing some challenges in terms of overall value and resilience, the strong momentum score suggests that Ningxia Baofeng Energy Group C may still offer opportunities for growth 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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