Earnings Alerts

Analyzing China Galaxy Securities (6881) Earnings: 1Q Net Income Drops by 27% YoY

  • China Galaxy Securities reported a net income of 1.63 billion yuan in the first quarter, showing a 27% decrease compared to the previous year.
  • There was a 17% year-over-year decrease in the company’s revenue, landing at 7.21 billion yuan.
  • The basic earnings per share (EPS) amounted to 12 RMB cents.
  • Analyzing the figures, there are 9 sentiments leaning towards buying, 3 remain neutral with a hold position, while 1 suggests selling.
  • The comparisons that are stated with the previous year’s results are based on the values reported directly from the company’s original disclosures.

A look at China Galaxy Securities (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience5
Momentum5
OVERALL SMART SCORE4.6

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

China Galaxy Securities (H) is poised for a promising long-term outlook, according to the Smartkarma Smart Scores. With top-notch ratings in Value, Dividend, Resilience, and Momentum, the company demonstrates strength across multiple key factors. This solid foundation in various aspects bodes well for its future performance and sustainability.

Despite a slightly lower score in Growth, China Galaxy Securities (H) shines in terms of Value, Dividend, Resilience, and Momentum. As a leading provider of securities services in China, the company’s robust performance across these essential metrics positions it favorably for long-term success in the competitive financial landscape.

Summary: China Galaxy Securities Co., Ltd. offers securities services including underwriting, brokerage, investment advisory, and transaction services throughout China.


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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