- Industrial Bank’s preliminary net income for the fiscal year is 77.2 billion yuan, slightly surpassing the estimated 76.45 billion yuan.
- The bank’s coverage ratio for non-performing loans is reported at 237.8%, which exceeds the estimate of 236.6%.
- The preliminary ratio of non-performing loans is 1.07%, better than the expected 1.08%.
- In the analysis community, the bank has received 21 buy ratings, 4 hold ratings, and 2 sell ratings.
A look at Industrial Bank Co Ltd A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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
Industrial Bank Co Ltd A, a provider of banking services, shows a promising long-term outlook based on its Smartkarma Smart Scores. With high ratings in Value and Dividend factors, the company demonstrates strong financial health and a commitment to rewarding investors. Additionally, its above-average score in Growth indicates potential for future expansion. However, the lower score in Resilience suggests some vulnerability to economic downturns, while the solid Momentum score indicates positive market sentiment towards the company.
In summary, Industrial Bank Co Ltd A is a banking institution that offers a range of financial services to individuals, enterprises, and other clients. With impressive scores in Value, Dividend, and Growth, the company is positioned well for long-term success, although attention should be paid to improving its Resilience to ensure stability in uncertain economic conditions. Overall, the positive Momentum score reflects growing investor confidence in Industrial Bank Co Ltd A‘s prospects.
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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