- China Resources Beer’s selling and distribution expenses amounted to 3.74 billion yuan, falling short of the estimated 4.29 billion yuan.
- The company’s net income was reported at 5.79 billion yuan.
- Total revenue for the first half of the year reached 23.94 billion yuan.
- EBIT (Earnings Before Interest and Taxes) stood at 7.69 billion yuan.
- An interim dividend of 46.4 RMB cents per share was declared.
- Administrative expenses were higher than expected at 1.82 billion yuan, compared to the estimate of 1.5 billion yuan.
- Analyst recommendations included 49 buys, 1 hold, and no sell ratings for China Resources Beer.
“`
China Resources Beer Holdings on Smartkarma
Analyst coverage on China Resources Beer Holdings by Rikki Malik on Smartkarma suggests a potential improvement in the company’s performance. In the report titled “China Resources Beer Signals a Bottom in Consumption?” Malik highlights that while historical sales and profit declines were anticipated, the positive trend observed in the first two months of the year indicates a possible upturn. The market response to these findings indicates that investor expectations were previously subdued, with the company’s results aligning with past projections.
Malik’s analysis on Smartkarma offers insight into the shifting narrative surrounding China Resources Beer Holdings, with a bullish leaning sentiment on the company’s future prospects. By examining market reactions and historical data, the report provides a comprehensive overview of the company’s trajectory and the potential for improved performance moving forward.
A look at China Resources Beer Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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
China Resources Beer (Holdings) Company Limited, an alcoholic beverage retailer, is positioned well for the long term according to Smartkarma’s Smart Scores. The company scores moderately in Value, indicating potential for growth opportunities with a favorable valuation. Its Dividend score suggests a stable payout to investors, while the Growth and Momentum scores hint at future expansion and market momentum. Notably, China Resources Beer Holdings excels in Resilience, signifying its ability to weather market challenges and maintain steady performance.
Looking ahead, China Resources Beer Holdings appears to have a positive outlook, supported by its overall solid performance across key factors. With a promising blend of value, growth potential, resilience, and momentum, the company seems well-equipped to navigate the competitive alcoholic beverage market and sustain its position as a key player 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars
