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Taiwan Cement (1101) Earnings: July Sales Surge by 61.2% to NT$14.43 Billion

By | Earnings Alerts
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  • Company: TCC Group Holdings
  • Sales in July: NT$14.43 billion
  • Sales Growth: Increased by 61.2%
  • Current Analyst Ratings:
    • 4 Buy recommendations
    • 4 Hold recommendations
    • 1 Sell recommendation

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A look at Taiwan Cement Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth2
Resilience3
Momentum4
OVERALL SMART SCORE3.4

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



Based on the Smartkarma Smart Scores, Taiwan Cement is positioned for a positive long-term outlook. The company scores high in value, indicating strong potential for growth and returns for investors. Its robust performance in this aspect highlights its attractive market positioning and financial health.

Furthermore, Taiwan Cement demonstrates solid momentum and resilience in its operations. The company’s consistent growth trajectory and ability to withstand market fluctuations bode well for its future prospects. While growth and dividend scores are slightly lower, the overall positive Smartkarma Smart Scores show that Taiwan Cement remains a stable and promising investment option in the cement manufacturing sector.



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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Far Eastern New Century (1402) Earnings: July Sales Surge by 5.48% to NT$21.85 Billion

By | Earnings Alerts
  • Far East New Century reported July 2024 sales of NT$21.85 billion.
  • Sales increased by 5.48% compared to the previous period.
  • Analyst recommendations include 1 “buy” rating.
  • Currently, there are 3 “hold” ratings and no “sell” ratings for the stock.

Far Eastern New Century on Smartkarma



Analyst coverage of Far Eastern New Century on Smartkarma has been provided by Janaghan Jeyakumar, CFA. In his report titled “Quiddity TDIV/50/100 Jun 24 Rebal: 15/18 Hits; Updated Flow Expectations and Trade Ideas,” Jeyakumar presents a bullish perspective. He estimates the one-way flow for the TDIV June 2024 rebalance to be around US$1.08 billion, indicating a turnover of 17%. Jeyakumar expects the top outflow names to outperform the top inflow names in the rebalance. The report discusses index changes for the T50/100 index family and the TDIV index, highlighting surprises among the TDIV index changes and offering potential trade ideas based on flow dynamics.



A look at Far Eastern New Century Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.6

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

Far Eastern New Century Corporation, a company heavily involved in the textile industry, has received encouraging ratings based on the Smartkarma Smart Scores. With a top score in Value and a strong showing in Dividend and Momentum, the company appears to be well-positioned for long-term success. The lower scores in Growth and Resilience, however, suggest some areas that may need attention to ensure sustained growth and stability.

Far Eastern New Century‘s operations span the manufacturing, processing, and marketing of textile products, including a wide range of materials and garments. With a diverse product portfolio that includes polyester materials, yarns, fabrics, and even cellular phones and accessories through its subsidiaries, the company is strategically positioned in various markets. Investors should keep an eye on how Far Eastern leverages its strengths in value and dividend payouts while addressing potential growth and resilience challenges to navigate the evolving business landscape effectively.


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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India Set to Close In on China as Emerging-Market Stock Anchor

By | Press Coverage

Excerpt: (Bloomberg) — India is poised to narrow the gap with China in MSCI Inc.s gauge for developing nations.Analysts from firms including Smartkarma and

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India Set to Close In on China as Emerging-Market Stock Anchor

By | Press Coverage

Excerpt: … as Office Space Los Angeles Sees Remote Work Helping β€˜No Car’ 2028 Olympic Games In DNC, Chicago’s Embattled Transit System Faces a High-Profile Test NYC Subway Riders See β€˜Exceptionally High’ Air Pollution Analysts from firms including Smartkarma …

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Krafton (259960) Earnings: 2Q Operating Profit Surges, Beating Estimates Wildly

By | Earnings Alerts
  • Krafton reported an operating profit of 332.1 billion won in Q2 2024.
  • This is a significant increase from 131.5 billion won in the same period last year.
  • The operating profit also exceeded the analysts’ estimate of 198.24 billion won.
  • Net profit for Q2 2024 was reported at 341.9 billion won.
  • This is up from 128.8 billion won year-on-year.
  • The net profit surpassed the estimated 174.61 billion won.
  • Sales in Q2 2024 reached 707.0 billion won.
  • This represents an 83% increase compared to last year’s figures.
  • Sales figures also beat the expected 553.81 billion won.
  • Analyst ratings are highly positive with 30 buys, 0 holds, and 0 sells.

Krafton on Smartkarma

Analysts on Smartkarma like Douglas Kim and Sumeet Singh have been actively covering Krafton, the South Korean gaming company. Douglas Kim‘s insight, “Alpha Generation Through Share Buybacks in Korea,” highlights Krafton’s announcement of a share buyback program alongside other major companies like Celltrion Inc and Woori Financial Group. Meanwhile, in another report, Kim discusses SK Square’s plan to sell a 2.2% stake in Krafton in a block deal sale worth about 270 billion won, indicating a positive sentiment towards Krafton’s valuation and growth prospects.

Sumeet Singh‘s analysis, “Krafton Placement – Stock Has Been Doing Well, Momentum Remains Strong,” focuses on SK Square’s attempt to raise around US$198 million by selling 2.1% of Krafton. Singh emphasizes the stock’s strong performance in recent months, with robust earnings and price momentum. This positive coverage by top independent analysts underscores the market interest and confidence in Krafton’s future growth and investment potential.


A look at Krafton Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE3.4

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

Analysis of Krafton’s long-term outlook, based on Smartkarma Smart Scores, reveals a positive overall perspective. With a strong Growth score of 4, Krafton is positioned well for expansion and development in the gaming industry. This indicates future potential for the company’s market presence and revenue growth. Furthermore, the high Resilience and Momentum scores of 5 suggest that Krafton has a stable and robust business model, with the ability to adapt to challenges and maintain steady performance. These factors collectively contribute to a promising outlook for Krafton’s long-term success in the market.

Despite some areas for improvement, such as a lower Dividend score of 1, Krafton’s overall outlook is bolstered by its strengths in Growth, Resilience, and Momentum. As a game development company with a focus on console, mobile, and computer games in South Korea, Krafton’s strategic positioning in the industry aligns well with the positive Smartkarma Smart Scores. Investors may find Krafton to be an attractive option for long-term investment based on these favorable indicators.


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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Uni-President Enterprises (1216) Earnings Surge with July Sales Hitting NT$59.45B, Up 9.8%

By | Earnings Alerts
  • Strong Sales Performance: Uni-President reported sales of NT$59.45 billion in July 2024.
  • Significant Growth: This figure represents a 9.8% increase compared to the previous period.
  • Analyst Recommendations:
    • 7 analysts have given a “buy” recommendation.
    • 8 analysts have given a “hold” recommendation.
    • 1 analyst has given a “sell” recommendation.

A look at Uni President Enterprises Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.0

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

Uni President Enterprises Corp. is positioned to offer a promising long-term outlook as indicated by various Smartkarma Smart Scores. With a solid Dividend score of 4 and Momentum score of 4, the company shows strength in providing consistent returns to its investors and maintaining positive stock price momentum. Additionally, its Growth score of 3 suggests a moderate potential for expansion and development in the coming years. While Value and Resilience scores are relatively lower at 2, Uni President Enterprises still demonstrates an overall positive outlook across these key factors.

Uni President Enterprises Corp., known for its diverse product portfolio ranging from instant noodles to dairy products, showcases a multifaceted approach to the food and beverage industry. Operating vending machines and food distribution centers in Taiwan further underlines the company’s commitment to accessible and widespread consumer reach. With a balanced set of Smart Scores indicating strengths in dividends and momentum, Uni President Enterprises appears well-positioned for sustained growth and profitability in the long run.


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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Hannover Rueck (HNR1) Earnings: 2Q Net Investment Income Surpasses Estimates with Strong Ebit Performance

By | Earnings Alerts
  • Net Investment Income: EU511 million, up 8.7% year over year, beating the estimate of EU482.2 million.
  • EBIT: EU847 million, a 34% increase year over year, surpassing the estimate of EU754.6 million.
  • Property & Casualty Combined Ratio: Improved to 87.6% from 90.8% year ago, better than the estimate of 90.7%.
  • Return on Equity: 22.4%, above the estimate of 21%.
  • First Half Results: Net income of EU1.16 billion.
  • Year Forecast: Net income projected to be at least EU2.1 billion with reinsurance revenue expected to exceed 5% growth.
  • Future Expectations: Combined ratio below 89% in property and casualty reinsurance due to an improved market climate.
  • Life & Health Reinsurance: Reinsurance service result expected to exceed €850 million in 2024.
  • Dividends: An increase in ordinary dividend is expected year-on-year from 2024 to 2026. A special dividend will be added if capitalisation exceeds requirements and profit targets are met.
  • Analyst Ratings: 7 buys, 9 holds, 4 sells.

A look at Hannover Rueck Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.6

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

Investors are eyeing Hannover Rueck SE with optimism for its long-term prospects, with a positive outlook based on Smartkarma Smart Scores. The company’s strong emphasis on growth and dividends, reflected in scores of 5 and 4 respectively, signal a promising future. Additionally, Hannover Rueck shows resilience and momentum in its operations, indicating a stable and steadily developing reinsurance business. While the value score is moderate at 3, the overall Smart Scores paint a favorable picture for Hannover Rueck’s position in the market.

Hannover Rueck SE, specializing in providing reinsurance services, covers a wide range of areas including life, health, accident, property, and high-risk specialty reinsurance. As reflected in its Smart Scores, the company’s focus on growth, solid dividend payouts, resilience, and momentum showcase a business strategy geared towards long-term success. Investors are likely to view Hannover Rueck positively, considering its well-rounded performance across these key factors.


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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China Steel (2002) Earnings: July Sales Rise 3.73% to NT$29.27 Billion

By | Earnings Alerts
  • China Steel‘s sales in July 2024 reached NT$29.27 billion.
  • This represents a 3.73% increase in sales compared to previous figures.
  • Analyst recommendations for China Steel include:
    • 4 analysts recommend buying (buys).
    • 8 analysts suggest holding (holds).
    • 3 analysts advise selling (sells).

A look at China Steel Smart Scores

FactorScoreMagnitude
Value5
Dividend2
Growth2
Resilience2
Momentum3
OVERALL SMART SCORE2.8

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

Analysts reviewing the Smartkarma Smart Scores for China Steel highlight a positive long-term outlook for the company. With a top score in the Value category, indicating strong fundamentals and undervaluation, China Steel is positioned favorably in terms of its financial health. However, the company’s performance in areas such as Dividend, Growth, and Resilience scored lower, suggesting room for improvement in these areas to drive future growth and stability. Momentum, with a score of 3, shows that the company is in a steady position but may benefit from further positive market trends.

China Steel Corporation focuses on manufacturing and selling a diverse range of steel products, including hot rolled coils, cold rolled coils, wire rods, steel plates, and steel bars. While the company excels in value metrics, its performance in other key areas could be a target for enhancement to secure a more robust long-term position in the market.


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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  • βœ“ Events & Webinars

ICTSI (ICT) Earnings: 1H Net Income Hits $420.6M with Strong EBITDA of $865M

By | Earnings Alerts
  • 1H Net Income: ICTSI reported a net income of $420.6 million for the first half of 2024.
  • EBITDA: The company’s EBITDA reached $865.0 million.
  • Second Quarter Results:
    • EPS: Earnings per share (EPS) were 10.1 cents in the second quarter.
  • Analyst Ratings:
    • 13 Buys: 13 analysts recommend buying the stock.
    • 5 Holds: 5 analysts suggest holding the stock.
    • 1 Sell: 1 analyst advises selling the stock.

ICTSI on Smartkarma

Smartkarma, the independent investment research network, hosts valuable analyst coverage on International Container Terminal Services Inc. (ICTSI). Leonard Law, CFA, from Lucror Analytics, provides insights on ICTSI‘s strong position in the Philippine container terminal operations and its diversified global presence across 19 countries. Despite potential competitive pressures and political risks in frontier markets, Law views ICTSI as “Low Risk” with a “Stable” fundamental credit bias, supported by improving leverage and healthy revenue growth. Controversies, though deemed “Material,” have not significantly impacted ICTSI‘s operations, with the overall ESG Impact remaining “Neutral.”

In another report, Lucror Analytics evaluates ICTSI‘s Environmental, Social, and Governance (ESG) scores as “Adequate,” with controversies labeled as “Immaterial” and disclosure rated as “Adequate.” This assessment underscores ICTSI‘s commitment to maintaining ESG standards, despite past controversies and criticisms related to labor rights violations and alleged bribery incidents. Smartkarma’s platform offers investors valuable insights from top analysts like Leonard Law, CFA, aiding in informed decision-making regarding investments in companies like ICTSI.


A look at ICTSI Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.4

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

International Container Terminal Services, Inc. (ICTSI), a company that specializes in containerized cargo handling services, has garnered a mixed outlook according to Smartkarma Smart Scores. While the company excels in growth and momentum, with scores of 5 in both categories, it falls short in terms of value and resilience, scoring a 2 on each. However, with a moderate score of 3 for dividends, there is potential for some returns for investors looking for income.

As ICTSI manages and operates the Manila International Container Terminal and port, its ability to sustain growth and momentum in the dynamic cargo handling industry seems promising. Investors should keep an eye on the company’s efforts to enhance its value and resilience factors to ensure a more well-rounded investment opportunity 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.
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  • βœ“ Events & Webinars

India Gaining Ground on China as Key Emerging-Market Stock Anchor

By | Press Coverage

Excerpt: Analysts from Smartkarma and IIFL Securities Ltd. project that India’s representation in the MSCI Emerging Markets Index could increase by at least one percentage point following this week’s index review.

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