Earnings Alerts

Zhuzhou CRRC Times Electric Co., Ltd. (3898) Earnings Surpass Estimates with FY Net Income of 3.11 Billion Yuan

  • Zhuzhou CRRC has reported a net income of 3.11 billion yuan for the financial year.
  • The net income has exceeded the estimated 2.95 billion yuan.
  • However, the revenue stood at 21.80 billion yuan, slightly less than the estimated 22.06 billion yuan.
  • In terms of stocks, there were 18 buys, 2 holds, and no sells.

A look at Zhuzhou CRRC Times Electric Co., Ltd. Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience4
Momentum3
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

Zhuzhou CRRC Times Electric Co., Ltd. is a leading provider of train-borne electrical systems in the PRC Railway industry. With a perfect score of 5 in Value, investors can expect good returns from this company. The company also scores well in Dividend, Growth, and Resilience with scores of 4, indicating stable and consistent performance over the long term. However, with a score of 3 in Momentum, the company may face some challenges in terms of market trends and competition.

Despite the slightly lower score in Momentum, Zhuzhou CRRC Times Electric Co., Ltd. has a positive long-term outlook overall, as indicated by its high scores in other factors. The company’s strong focus on providing and integrating train-borne electrical systems for the PRC Railway industry has helped it establish a solid position in the market. Additionally, its development, manufacturing, and sale of train power converters, auxiliary power supply equipment, and control systems for urban rail systems also contribute to its success and growth. With its strong performance and potential for future growth, Zhuzhou CRRC Times Electric Co., Ltd. is a company to watch in the long term.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars