Earnings Alerts

Ningbo Port (601018) Earnings Report: 1Q Net Income Hits 1.12B Yuan with Strong Revenue Performance

  • Ningbo Zhoushan Port reported a net income of 1.12 billion yuan for the first quarter.
  • The port’s revenue for the same period amounted to 6.91 billion yuan.
  • Analysts have given Ningbo Zhoushan Port a favourable outlook with 1 buy rating, no hold ratings and no sell ratings.

A look at Ningbo Port Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE4.0

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

According to Smartkarma Smart Scores, Ningbo Port has received high scores across various factors, including a perfect score for Value and Momentum, indicating a strong overall outlook. This suggests that the company is considered undervalued and is showing positive price momentum, which could bode well for long-term investors. With above-average scores for Dividend, Growth, and Resilience, Ningbo Port also demonstrates stability and potential for future growth in its operations.

Ningbo Port Company Limited, a provider of container, iron ore, crude oil, and other cargo handling services, as well as integrated logistics solutions, appears to have a robust foundation for sustained performance. With its strong Smart Scores, particularly in Value and Momentum, investors may find Ningbo Port an appealing long-term prospect in the port and logistics 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.
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