- Pudong Bank reported a preliminary net income of 29.74 billion yuan for the first half of the year.
- The preliminary non-performing loans ratio was recorded at 1.31%.
- The preliminary earnings per share (EPS) stood at 90 RMB cents.
- Market analysts have given the stock 11 buy ratings, 2 hold ratings, and 1 sell rating.
A look at Shanghai Pudong Development Bank Co. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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
Shanghai Pudong Development Bank Co. is looking bullish for the long-term, supported by impressive Smart Scores across the board. With a top score in both the Value and Dividend categories, the company is showing strength in its financial fundamentals and commitment to rewarding investors. Additionally, its strong Momentum score signals positive market sentiment and potential for continued growth.
While Shanghai Pudong Development Bank’s scores in Growth and Resilience are slightly lower, indicating some room for improvement in terms of expansion and risk management, the company’s overall outlook remains positive. With a solid foundation in providing a range of banking services to a diverse client base, Shanghai Pudong Development Bank appears well-positioned for steady growth and stability in the coming years.
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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