- Bank of Chengdu’s preliminary net income for the fiscal year is reported at 12.86 billion yuan, closely aligning with the market estimate of 12.82 billion yuan.
- The preliminary non-performing loans ratio is recorded at 0.66%, slightly above the estimated ratio of 0.65%.
- Analyst recommendations for Bank of Chengdu stock include 22 buy ratings, 2 hold ratings, and 1 sell rating.
A look at Bank of Chengdu Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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
Bank of Chengdu Co., Ltd. has garnered positive Smart Scores across various key factors, with top ratings in Value and Dividend indicators. These high scores reflect a strong financial standing and a commitment to rewarding shareholders. Additionally, the company received a respectable score for Growth, indicating potential for expansion and development in the future. However, Bank of Chengdu scored lower in Resilience, suggesting a need to enhance its ability to withstand economic challenges. With a solid Momentum score, the company shows promise in terms of market performance and investor interest.
Based on its Smart Scores, the long-term outlook for Bank of Chengdu appears favorable, especially in terms of value and dividend payouts. This indicates that the company is well-positioned to provide returns to its investors. While there may be areas for improvement such as increasing resilience, the overall positive scores bode well for the company’s future performance and growth potential. Bank of Chengdu’s focus on providing banking services to a diverse range of clients, including individuals and enterprises, underlines its commitment to serving a broad customer base.
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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