Earnings Alerts

Citic Securities (A) (600030) Earnings: FY Net Income Misses Estimates, Drops by 7.49%

  • Citic Securities’ net income for the fiscal year missed estimates.
  • The net income reported was 19.72 billion yuan.
  • This figure is less than the estimated 22.3 billion yuan.
  • The net income showed a decrease of 7.49%.
  • There were 14 buys and 2 holds in the market, with no sells.

A look at Citic Securities (A) Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.8

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

Citic Securities (A) has been given an overall outlook score of 4 out of 5 by Smartkarma Smart Scores, indicating a positive long-term outlook for the company. This score is based on several factors, including value, dividend, growth, resilience, and momentum. With scores of 4 in value, dividend, and growth, the company is seen as a strong and stable investment option. This is further supported by its high momentum score of 5, indicating that it is currently performing well in the market.

As a provider of securities services, Citic Securities (A) offers a range of services including brokerage, trading, underwriting, and investment banking. It also offers asset management and investment consulting services. With its strong scores in value and growth, the company is well-positioned for long-term success. However, its lower resilience score of 2 indicates that it may face some challenges in the future. Overall, Citic Securities (A) is a promising investment option with a positive outlook, according to Smartkarma Smart Scores.


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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