Earnings Alerts

Insight into Caitong Securities (601108) 1Q Earnings: Robust Net Income of 456.3M Yuan and 7 Buys

  • Caitong Securities reported a net income of 456.3 million yuan for 1Q 2024.
  • The company’s revenue for the same quarter was 1.41 billion yuan.
  • Investment sentiments are predominately positive with Caitong Securities receiving 7 buy ratings.
  • The firm has received no hold or sell ratings.

A look at Caitong Securities Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.6

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

Based on the Smartkarma Smart Scores, Caitong Securities shows a promising long-term outlook. With a strong Value score of 5, the company is deemed to be undervalued relative to its fundamentals. This indicates potential for future growth in stock price. Additionally, Caitong Securities scores a respectable 4 for Dividend, suggesting it offers good dividend payouts to investors. However, its Growth score of 3 implies moderate growth prospects, indicating it may not be a top performer in terms of expansion. Furthermore, with a Resilience score of 2, Caitong Securities may face some challenges in navigating market volatility. The Momentum score of 4 highlights a positive trend in the company’s stock price performance recently.

Caitong Securities, operating in securities brokerage, underwriting, asset management, and other financial services, presents a mix of strengths and weaknesses in its Smartkarma Smart Scores evaluation. Despite solid Value and Dividend scores, indicating attractiveness for value and income investors, respectively, its Growth score suggests it may not be a high-growth stock. The Resilience score of 2 signals potential vulnerabilities to market downturns, while the Momentum score of 4 hints at recent positive price movements. Investors may want to consider these factors when assessing the long-term potential of Caitong Securities.


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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