Earnings Alerts

Baoshan Iron & Steel Co A (600019) Earnings Fall Short: FY Net Income Misses Estimates with Strong Revenue Performance

  • Baoshan Steel’s full-year net income was 7.36 billion yuan, falling short of the estimated 9.2 billion yuan.
  • The company reported annual revenue of 322.12 billion yuan.
  • In the first quarter, Baoshan Steel achieved a net income of 2.43 billion yuan.
  • The first quarter revenue amounted to 72.88 billion yuan.
  • Earnings per share in the first quarter were 11 RMB cents.
  • The gross profit margin during this period was 7.2%.
  • Analyst recommendations include 18 ratings to buy, 1 hold, and no sells.

A look at Baoshan Iron & Steel Co A Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
Momentum4
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 is looking promising for long-term investors. With top scores in both value and dividend, the company appears to be a solid choice for those seeking stability and income generation. Additionally, its respectable scores in momentum and growth indicate that there may be potential for future growth and positive stock performance.

Baoshan Iron & Steel Co A is a well-established manufacturing company known for producing various iron and steel products such as cold rolled plates, hot rolled plates, seamless steel tubes, wire rods, and steel billets. The company also has a presence in the energy production sector. With strong scores in value, dividend, and decent scores in growth and momentum, Baoshan Iron & Steel Co A appears to be positioned well for long-term success in the 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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