Earnings Alerts

China Merchants Securities Co Ltd (A) (600999) Earnings: Preliminary FY Net Income Surpasses Estimates at 10.4B Yuan

By January 17, 2025 No Comments
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  • Merchants Securities reported preliminary net income results.
  • The net income reached 10.4 billion yuan.
  • This figure surpassed the estimated 9.5 billion yuan net income.
  • The company saw an 18% increase in net income compared to previous results.
  • There are currently 3 buy ratings for Merchants Securities.
  • Additionally, there are 2 hold ratings for the company.
  • There are also 2 sell ratings, indicating some mixed investor sentiments.

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A look at China Merchants Securities Co Ltd (A) Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience2
Momentum3
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

China Merchants Securities Co Ltd (A) is looking promising for long-term investors based on the Smartkarma Smart Scores. With high scores in value, dividend, and growth factors, the company is showing strength in these areas. Investors may find the stock attractive for potential returns and stability in the market. However, the lower scores in resilience and momentum indicate some areas of caution and potential risks that investors should be aware of while considering their investment decisions.

China Merchants Securities Co Ltd (A) is a securities services provider that offers a range of financial services including brokerage, investment consulting, underwriting, and investment management. The company’s solid scores in value, dividend, and growth suggest a positive outlook for the company’s financial performance. Despite lower scores in resilience and momentum, investors could find opportunities for long-term growth and potential returns in China Merchants Securities Co Ltd (A) based on its overall Smart Scores evaluation.


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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