Morningstar gives China Chunlai (01969) the highest 5-star quantitative rating.
According to the financial news app, Morningstar, a leading global investment research and international fund rating authority, gives China Chunlai (01969) the highest 5-star quantitative rating. Based on the model calculations, China Chunlai's fair value is HKD 7.25, which is 56% higher than the current stock price.
According to the Morningstar report, the important driving factors for the rating are the company's book value return and the ratio of enterprise value to market cap. China Chunlai's book value return is 72.29%, and its ratio of enterprise value to market cap is 1.30, which are in the 58th percentile and 70th percentile, respectively, of the global equity coverage.
China Chunlai's semi-annual report for the first half of 2024 showed revenue of CNY 0.8139 billion, a year-on-year increase of 8.7%; profit of CNY 0.3843 billion, a year-on-year increase of 16%; and profit margin of 47%, higher than the same period last year's 44%. The board of directors has recommended a mid-year dividend of CNY 0.0907 per share for the six months ending February 29, 2024.
It is reported that China Chunlai is actively embracing emerging technologies. China Chunlai has officially established the "AI Digital Industry College" in several universities under its name, making significant progress and breakthroughs in the field of artificial intelligence education.