Earnings Alerts

Huaxia Bank Co Ltd A (600015) Earnings: 1H Net Income Declines to 11.47B Yuan, Down 7.9% Y/Y

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  • Huaxia Bank reported a first-half net income of 11.47 billion yuan.
  • This net income represents a year-over-year decrease of 7.9% from 12.46 billion yuan.
  • The bank’s net interest income for the first half was 30.57 billion yuan.
  • The non-performing loans ratio stands at 1.6%.
  • Current analyst ratings include 4 buy recommendations, 1 hold, and 3 sell.

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A look at Huaxia Bank Co Ltd A Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum2
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

Looking at the Smartkarma Smart Scores for Huaxia Bank Co Ltd A, it is evident that the company is positioned well for long-term success. With a top score in both the Value and Dividend categories, Huaxia Bank demonstrates strong fundamentals and a commitment to rewarding its investors. Additionally, the Growth score indicates that the company has solid potential for expansion in the future.

However, it is worth noting that Huaxia Bank may face some challenges in terms of Resilience and Momentum, as these scores are slightly lower. Despite this, the overall outlook for Huaxia Bank Co Ltd A appears positive, with a strong foundation in place to support its banking businesses, which include a range of services for both enterprises and individuals.


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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