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Nippon Yusen Kk (9101) Earnings Soar: Dividend Forecast Boost and FY Estimates Beat Expectations

By | Earnings Alerts


  • FY Dividend Forecast: Nippon Yusen now expects a dividend of 260.00 yen, up from the previous forecast of 160.00 yen. This surpasses the estimate of 222.71 yen.
  • Operating Income Forecast: The company maintains its forecast for operating income at 215.00 billion yen, above the estimate of 205.75 billion yen.
  • Net Income Forecast: The net income forecast remains at 390.00 billion yen, which is higher than the 368.45 billion yen estimate.
  • Net Sales Forecast: Nippon Yusen still expects net sales to reach 2.57 trillion yen, exceeding the estimate of 2.49 trillion yen.

First Quarter Results:

  • Operating Income: 65.88 billion yen, a 40% increase year-over-year.
  • Net Income: 110.23 billion yen, up by 50% year-over-year.
  • Net Sales: 651.71 billion yen, marking a 15% increase year-over-year.

Share Market Reaction:

  • Shares fell by 6.9% to 4,280 yen.
  • A total of 5.51 million shares were traded.
  • Market sentiment includes 4 buys, 6 holds, and 1 sell recommendation.



Nippon Yusen Kk on Smartkarma

Analyst coverage of Nippon Yusen Kk on Smartkarma shows positive sentiment from independent analysts like Travis Lundy. In a report titled “Nippon Yusen (9101) – Guidance Revision Up Still Conservative, Means More Capital Return Eventually,” Lundy highlights the company’s upward revision of H1 and full-year guidance, with a significant increase in revenues and operating profits, especially in containers. The report points out a hint of conservatism in the H2 projections but notes that Nippon Yusen is slightly undervalued compared to its peers and is actively engaging in buybacks, indicating potential for more capital return in the future.

In another research piece by Travis Lundy, titled “Nippon Yusen (9101) – Another Big Buyback Announced, But Details Matter,” the analyst discusses Nippon Yusen’s recent announcement of earnings, guidance, dividend hike, and a new buyback plan. While the stock reacted positively to the news, Lundy emphasizes the importance of scrutinizing the specifics of the buyback program. Nippon Yusen had previously executed significant buybacks, and the latest announcement of another Β₯100bn buyback through April 2025 led to a 5% stock price increase. The report indicates that the impact of this buyback may be lower compared to previous ones and raises considerations about cross-holder overhang for the company.


A look at Nippon Yusen Kk Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience3
Momentum5
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

Based on the Smartkarma Smart Scores, Nippon Yusen Kk is positioned for a favorable long-term outlook. With solid scores across key factors such as Value, Dividend, and Growth, the company demonstrates promising prospects for investors. Its strong Momentum score further indicates positive market sentiment and potential for upward movement. While the Resilience score is slightly lower, Nippon Yusen Kk‘s overall performance across these factors bodes well for its future performance.

Nippon Yusen Kabushiki Kaisha, known for its marine transportation services and transportation management solutions, operates globally connecting international hub ports with domestic and international destinations. Offering a range of transportation services including container transportation, tramp, specialized carriers, logistics, and cruise lines, Nippon Yusen is a key player in the industry. With its Smartkarma Smart Scores reflecting strength in key areas, Nippon Yusen Kk presents itself as a company with potential for sustainable growth and value creation 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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Ramsay Health Care (RHC) Earnings Surge to A$884 Million Boosted by Ramsay Sime Darby Sale

By | Earnings Alerts
  • Ramsay Health’s preliminary net income for FY24 is expected to be between A$884 million and A$889 million.
  • The annual net result has been significantly boosted by the sale of Ramsay Sime Darby.
  • FY24 net income after tax and minority interests from continuing operations is projected to fall between A$265 million and A$270 million, slightly down from A$278.2 million from the previous year.
  • Ramsay Health expects non-cash impairments and accelerated write-downs totaling A$24.5 million after tax and minority interests.
  • This will result in FY24 depreciation, amortisation, and impairments charges hitting approximately A$1.13 billion, above the previously expected range of A$1-$1.1 billion.
  • Excluding these non-recurring items, the adjusted FY24 net income after tax and minority interests is forecasted to be between A$294 million and A$299 million.
  • The underlying financial performance has been supported by improving activity trends and enhanced labour productivity.
  • Focus on sustainable performance acceleration programs and better tariff indexation also contributed to the positive results.
  • Total capital expenditure for the fiscal year amounted to around A$740 million, which is below the forecasted range of A$800 million to A$1 billion.
  • Group leverage is forecasted to be around 2x by the end of the period, within the company’s target range of less than 2.5x.
  • Market sentiment currently shows 6 buy ratings, 9 hold ratings, and 1 sell rating for Ramsay Health.

A look at Ramsay Health Care Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
Resilience2
Momentum3
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



Based on the Smartkarma Smart Scores, Ramsay Health Care is well-positioned for long-term growth. With a solid score of 5 for Growth, the company shows great potential for expanding its services and increasing its market share in the health care industry. This indicates a positive outlook for Ramsay Health Care‘s future revenue and profitability.

Although Ramsay Health Care scored lower in Dividend and Resilience, with scores of 2, its overall prospects remain promising. The company’s strong focus on growth, as reflected in its high Growth score, suggests that it is strategically positioned to capitalize on opportunities within the health care sector. Investors may consider Ramsay Health Care as a viable option for long-term investment given its favorable Growth score.



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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Riyad Bank (RIBL) Earnings: 2Q Profit Surpasses Estimates at 2.34 Billion Riyals

By | Earnings Alerts
  • Riyad Bank‘s second-quarter profit was 2.34 billion riyals, exceeding the estimate of 2.11 billion riyals.
  • Total assets reported by Riyad Bank were 405.03 billion riyals.
  • Investments by the bank amounted to 61.07 billion riyals.
  • Net loans provided by the bank reached 291.05 billion riyals.
  • Total deposits at the bank stood at 276.01 billion riyals.
  • Riyad Bank received 11 buy ratings, 2 hold ratings, and 1 sell rating.

A look at Riyad Bank Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
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



Based on the Smartkarma Smart Scores, Riyad Bank seems to have a positive long-term outlook. The bank scores high in Value and Dividend factors, indicating strong performance in terms of value and dividend payouts. Additionally, Riyad Bank receives good scores in Growth, suggesting potential for growth in the future. Although scoring slightly lower in Resilience and Momentum, the overall outlook for the bank appears optimistic.

Riyad Bank is well-positioned in the market, attracting deposits and providing a range of banking services including loans, private banking, risk analysis, trade finance, and asset management. With a solid foundation in commercial and retail banking, as well as a strong presence in credit card management and mutual funds, Riyad Bank‘s diverse portfolio indicates a promising future ahead.



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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Al Rajhi Bank (RJHI) Earnings: 2Q Profit Surpasses Estimates with 13% Growth

By | Earnings Alerts
  • Al Rajhi Bank‘s second-quarter profit: 4.70 billion riyals
  • Year-on-year profit growth: 13%
  • Analysts’ profit estimate was 4.47 billion riyals
  • Impairments recorded at 455 million riyals
  • Year-on-year increase in impairments: 26%
  • Analysts’ impairment estimate was 458.1 million riyals
  • Operating income: 7.64 billion riyals
  • Analysts’ operating income estimate: 7.38 billion riyals
  • Total assets: 866.96 billion riyals
  • Analysts’ total assets estimate: 732.65 billion riyals
  • Investments: 153.03 billion riyals
  • Net loans: 621.89 billion riyals
  • Analysts’ net loans estimate: 617.42 billion riyals
  • Total deposits: 622.57 billion riyals
  • Analysts’ total deposits estimate: 608.92 billion riyals
  • Operating expense: 1.96 billion riyals
  • Analysts’ operating expense estimate: 1.96 billion riyals
  • Analyst recommendations: 4 buys, 11 holds, 3 sells

A look at Al Rajhi Bank Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

Al Rajhi Bank, a financial institution offering various banking services in Saudi Arabia, shows a positive long-term outlook based on its Smartkarma Smart Scores. The bank scores well in growth and momentum, indicating promising prospects for expansion and financial performance. With a solid score in value and dividend, Al Rajhi Bank demonstrates stability and potential returns for investors. However, the bank’s resilience score is relatively lower, suggesting some vulnerability to economic fluctuations or industry challenges.

In summary, Al Rajhi Bank‘s overall outlook appears favorable, highlighted by its strong performance in growth and momentum factors. While the bank shows stability and potential for returns in terms of value and dividend scores, investors may need to consider the resilience aspect for a comprehensive evaluation of the company’s long-term prospects.


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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Hon Hai Precision Industry (2317) Earnings Soar: Preliminary 1H Net Income Reaches 8.74B Yuan

By | Earnings Alerts
  • Foxconn Industrial reported a preliminary net income of 8.74 billion yuan for the first half of 2024.
  • Preliminary revenue for the same period was 266.1 billion yuan.
  • Foxconn Industrial received strong market support with 30 buy recommendations.
  • There were no hold or sell recommendations for the company.

Hon Hai Precision Industry on Smartkarma

Analyst coverage on Hon Hai Precision Industry on Smartkarma reveals positive sentiments and growth expectations. Vincent Fernando, CFA, anticipates market share gains in 2024E with significant growth in the AI server market despite material shortages. The traditional server market is rebounding, with Hon Hai aiming to capitalize on this growth trend. While the company reported a 9% YoY revenue decrease in 1Q24, it remains optimistic about strong growth prospects for 2024.

In another report by Tech Supply Chain Tracker, it is highlighted that Hon Hai, also known as Foxconn, experienced a surge in share price after showcasing AI technologies at Nvidia’s GTC conference. The company’s rally, hitting an all-time high, is attributed to its advancements in AI technologies. However, analysts caution that the sharp rally may have been influenced by a short squeeze, leading to concerns about near-term overbought conditions despite positive long-term fundamentals.


A look at Hon Hai Precision Industry Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth4
Resilience4
Momentum5
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

Based on the Smartkarma Smart Scores for Hon Hai Precision Industry, the company appears to have a promising long-term outlook. With high scores in Momentum and Value, along with solid scores in Growth and Resilience, Hon Hai Precision Industry is positioned well across key factors. This suggests the company may have strong potential for future growth and value appreciation.

Summary: Hon Hai Precision Industry Co., Ltd. is a leading provider of electronic manufacturing services for a variety of products, including computers, communications devices, and consumer electronics. With a diverse range of business operations, from PC assembly to handset manufacturing, the company plays a significant role in the electronics industry.


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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ACWA Power (ACWA) Earnings: 2Q Profit Surges 52%, Beating Estimates

By | Earnings Alerts
  • Profit: ACWA Power’s profit for 2Q was 630.6 million riyals, a 52% increase year-over-year, beating the estimated 454.5 million riyals.
  • Revenue: Revenue reached 1.56 billion riyals, up by 11% year-over-year, but below the estimated 1.72 billion riyals.
  • Operating Profit: Operating profit increased by 36% year-over-year to 990.2 million riyals.
  • Reasons for Profit Increase:
    • Higher operation and maintenance revenue.
    • Increased revenues from development business and construction management services.
    • Gains from divestment and higher share in net results of equity accounted investees.
    • Higher finance income.
  • Challenges:
    • Higher project development costs.
    • Increased general and administrative expenses.
    • Higher finance charges.
    • Higher tax charges.
  • Analyst Recommendations: 0 buys, 1 hold, and 5 sells.

A look at ACWA Power Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum5
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

Analysts foresee a promising long-term trajectory for ACWA Power based on the Smartkarma Smart Scores. With a strong momentum score of 5, the company is gaining significant traction in the market, indicating a positive outlook for future growth and performance. Additionally, ACWA Power scored a solid 4 in growth, highlighting its potential for expansion and development in the coming years. These factors position ACWA Power favorably for sustainable success in the utility services sector.

Despite some areas for improvement in value, dividend, and resilience scores, ACWA Power remains well-positioned to capitalize on its strengths and drive value for its stakeholders. The company’s focus on seawater desalination and power generation projects has garnered attention globally, solidifying its reputation as a key player in the industry. ACWA Power’s consistent efforts to serve customers worldwide underscore its commitment to delivering reliable utility services while striving for continuous innovation and growth.

**Summary of ACWA Power:** International Company for Water and Power Projects provides utility services, specifically in seawater desalination and power generation projects. With a global customer base, ACWA Power is known for its commitment to delivering reliable services and its focus on innovation in the utility 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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Top 10 Highlights from the APAC PE, VC and Startup Ecosystem this Week – 04 Aug 2024

By | Private Markets, Smartkarma Newswire

Top ten highlights from the APAC PE, VC, and startup ecosystem this week:

  1. GoTo Narrowed Losses: Indonesian tech giant GoTo saw a 61% decrease in losses in H1 2024, with Q2 2024 losses falling by 42% thanks to higher revenues and lower costs. The company aims to achieve EBITDA breakeven in 2024.
  2. Saratoga Sedaya Investama’s Improvement: Investment firm PT Saratoga Sedaya Investama Tbk reduced its net loss by over 96% in H1 2024 due to lower losses on investment returns.
  3. Global Digital Niaga Progress: The parent company of Indonesian e-commerce player Blibli, Global Digital Niaga, continued to decrease its losses in Q2 2024 through higher revenue and improved cost structure.
  4. Bukalapak’s Performance: Bukalapak swung back to a loss in Q2 2024 after achieving positive adjusted EBITDA in the previous quarter, citing the seasonal impact of Ramadan.
  5. JustCo’s Growth: Singapore’s co-working space company JustCo recorded double-digit revenue growth and further trimmed its losses in 2023.
  6. TiNDLE Foods’ Revenue Drop: Plant-based food maker TiNDLE Foods experienced a 26.1% drop in revenue in the financial year ended December 31, 2023, while managing to decrease losses by 17.1%.
  7. TurtleTree Labs’ Losses: Singapore-based lab-grown dairy products manufacturer TurtleTree Labs posted wider losses in 2023 due to zero revenue generation and increased expenses.
  8. Noah Holdings’ Expansion Plans: Shanghai-based Noah Holdings aims to expand its fund partner network globally with a new USD-denominated fund-of-funds (FoF) to back global fund managers.
  9. Temasek’s US Investment: Singapore’s Temasek plans to invest up to $30 billion in the US over the next five years, shifting focus from China to sectors like healthcare, financial services, and technology.
  10. Trifecta Capital’s Venture Debt Fund: Trifecta Capital launched its fourth venture debt fund of Rs 2,000 crore ($239 million), marking its largest fund so far, with a greenshoe option of Rs 500 crore.

APAC Private Markets Research

Explore latest Insights on APAC Private Markets on Smartkarma


Disclaimer:This article by is general in nature and based on publicly available information and 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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Also, check out the latest in ECM Research on Smartkarma