Blog | Alpho

Agricultural Bank of China delivered an increase of operating income and net profit

One of the biggest banks in China, and a regular player in the chart of TOP 20 Asian Brands by Alpho, has announced the interim results for 2024 at the end of August. Its operating income and net profit increased softly on the year-on-year basis. Cost-to-income ratio remains stable while return on assets is softly constantly decreasing in last three years.

China Mobile continues with increasing the revenues and net profit

In the first half of 2024, China Mobile obtained operating revenue of RMB 546.7 billion, representing a growth of 3.0 % year-on-year. Of this, the telecommunications services revenue accounted for RMB 463.6 billion, an increase of 2.5 % year-on-year. China Mobile, which is regularly listed in the chart of TOP 20 Asian Brands, serves around one billion mobile costumers.

Industrial and Commercial Bank of China announced a slight profit decrease in the first quarter

The largest Chinese commercial bank announced a soft decrease of its operating and net profit in the first quarter of 2024. Despite such a development its stocks have gained almost 35 percent since the beginning of this year. The outlook for the rest of 2024 seems to be stable as the ICBC believes to achieve the objectives and tasks of the 14th five-year plan.

Kweichow Moutai stock hit by the retreat of the demand for liquors and concerns about the Chinese economy

The leading distiller of Chinese baijiu liquor Kweichow Moutai reported solid first-half results that have sent its stocks higher for a while. On the other hand, Kweichow Moutai is facing the general concerns about the development of the entire Chinese economy. Is it an opportunity to buy, or are we witnessing the decline of the Chinese liquor producer titan?

Toyota announced an increase of revenues and net profit for the first quarter of 2025 fiscal year

Japanese car maker Toyota Motor Corporation released financial results for the first quarter of 2025 fiscal year, a period ending by 30th June of 2024. The vehicle sales globally decreased by 74 thousand units on the year-on-year basis. The total vehicle production reached 2,252,000 units according to the recent company financial statement.

Samsung´s net income more than quadrupled in the first quarter of 2024

The largest South Korean company submitted impressive results in the first three months of 2024. Samsung Electronics´ net profit increased by more than 300 percent, operating profit even skyrocketed by 930 percent in comparison to the previous year. But company´s stocks, according to Alpho analysis, do not respond to such a development although results have beaten the market expectations.

Shares of Tencent experienced a turbulent year. Revenues and profit increased substantially in the first quarter

The Chinese multinational holding company is one of the most valuable Chinese companies and a T0P 3 brand of the Asian Brands of Twenties chart by Alpho. As a technology company its shares experienced a relatively turbulent last 12 months. During the most of 2023 Tencent market capitalization declined. Only a month ago right after the 1st quarter results announcement Tencent shares started to grow again. But anyway, this development seems to be just temporary.

TSMC shares rise despite declining revenue and profit

The Taiwanese manufacturer of semiconductor wafers TSMC recorded a slight decrease in sales and profits last year. However, its shares have grown by more than 50 percent in the past twelve months. Market value of Taiwan Semiconductor Manufacturing Company, which has taken the second place of the Alpho TOP 20 Asian Brands, has risen by nearly 270 percent over the past five years.

Asian TOP Brands: Saudi Aramco Keeps its Leadership

Saudi Aramco stands firmly on the first position amongst the largest companies in Asia. Its market capitalization has recorded USD 1,921 billion [1] keeping approximately the same level as by the end of 2021 when Alpho launched its chart TOP 20 Asian Brands as part of its study Asian Brands of the Twenties.

Will Trusty Toyota Continue to Conquer?

Some things need no introduction, and among the companies deeply embedded within the cultures of developed and non-developed nations would be the trusty Toyota. Founded in Japan in 1937, Toyota evolved to become one of the world’s largest automobile manufacturers, and the largest by sales. In fact, it’s only surpassed by the trendy Tesla in market capitalization.

The Rise & Fall of Alibaba

The giant that is Alibaba is far more superior than most of us realize. At some point, Alibaba was the world’s 5th largest company after Google, Amazon, Apple & Microsoft. 2020 was the golden year, when its market capitalization hovered near $835 billion. That story is over, as Alpho broker summarizes in its analysis.

Inflation in Dubai and Europe

A toxic recession impeded global economic growth in 2022, as disadvantageous COVID-19 pandemic effects and the muddle of limited energy supplies were magnified by macropolitical uncertainty and red-hot inflation.

Oleh Shalenyk

Financial Analyst

Since the beginning of 2022, Oleh has worked as an operational analyst for Gulf Brokers, one of the world's leading brokers. Currently, Oleh is the chief analyst at Alpho, the dynamically expanding broker platform, particularly in Southern and Southeastern Asia and the Middle East. Oleh holds a master's degree in program engineering. In 2020, he began his career in the crypto trading industry, where he discovered enthusiasm for financial markets and developed his analytical skills.

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