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Realtek Semiconductor (2379) Earnings: 1H Net Income Hits NT$7.52B with Strong Revenue Performance

By | Earnings Alerts
  • Net Income: Realtek Semiconductor reported a net income of NT$7.52 billion for the first half of 2024.
  • Operating Profit: The company achieved an operating profit of NT$6.72 billion.
  • Earnings per Share (EPS): EPS for Realtek Semiconductor stood at NT$14.66.
  • Revenue: Total revenue generated by the company was NT$56.30 billion.
  • Analyst Ratings: There are 10 buy ratings and 10 hold ratings for Realtek Semiconductor, with no sell ratings.

A look at Realtek Semiconductor Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth4
Resilience5
Momentum2
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


Realtek Semiconductor Corp., a company engaged in designing, testing, and distributing integrated circuits for various electronic devices, shows a mixed outlook based on the Smartkarma Smart Scores. While the company excels in areas such as dividend and resilience, scoring a 5 in both categories, its scores for value and momentum are somewhat lower at 2. This indicates that while Realtek Semiconductor offers a strong dividend and is resilient in the face of challenges, there may be limitations in terms of its current value and momentum for growth.

Looking ahead, Realtek Semiconductor‘s long-term prospects appear promising with solid growth potential, evidenced by its score of 4 in the growth category. This suggests that the company is well-positioned to expand and capitalize on future opportunities in the market. Overall, while Realtek Semiconductor demonstrates strengths in certain areas like dividend and resilience, investors may want to consider the company’s growth prospects and current valuation when evaluating its potential as an investment.



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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Indian Oil Corp (IOCL) Earnings: 1Q Net Income Falls 81%, Missing Estimates

By | Earnings Alerts
  • Net Income: 26.4 billion rupees, down 81% year-over-year (YoY). Estimated income was 37.27 billion rupees.
  • Revenue: 2.16 trillion rupees, a decrease of 2.3% YoY. Estimated revenue was 2.07 trillion rupees.
  • Total Costs: 2.13 trillion rupees, an increase of 4.4% YoY.
  • Other Income: 5.34 billion rupees, down 22% YoY.
  • Refining Margin: $6.39 per barrel, a decline of 23% YoY. The estimated margin was $8.83 per barrel.
  • Analyst Ratings: 14 buys, 6 holds, 13 sells.

A look at Indian Oil Corp 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

Indian Oil Corporation Limited, a key player in the Indian energy sector, displays a promising long-term outlook based on its Smartkarma Smart Scores. With top-notch scores of 5 in both value and dividend factors, the company demonstrates strong financial health and consistent returns to shareholders. Additionally, scoring a commendable 4 in growth, Indian Oil Corp shows potential for expansion and development in the future. However, with slightly lower scores in resilience and momentum at 3 each, the company may face challenges in adapting to market shifts and maintaining a steady growth trajectory. Overall, Indian Oil Corp‘s robust performance in value and dividends underscores its stability and attractiveness for long-term investors.

Indian Oil Corporation Limited, a major player in the oil and gas industry in India, is well-positioned for steady growth and profitability according to its Smartkarma Smart Scores. Achieving a perfect score of 5 in both value and dividend categories, the company excels in delivering strong financial returns and rewarding its investors. With a solid score of 4 in growth, Indian Oil Corp showcases potential for expansion and innovation in the dynamic energy market. Despite scoring slightly lower in resilience and momentum at 3, the company’s extensive product line and widespread retail presence in India provide a solid foundation for long-term success. In conclusion, Indian Oil Corp‘s stellar performance in key areas highlights its attractiveness for investors seeking stable returns 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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Astra International (ASII) Earnings: 1H Net Income Drops 9.1% to 15.86T Rupiah Y/Y

By | Earnings Alerts
  • Net Income Down: Astra International‘s net income for the first half of 2024 was 15.86 trillion rupiah, down 9.1% from the previous year’s 17.45 trillion rupiah.
  • Revenue Slightly Lower: The company’s revenue stood at 159.97 trillion rupiah, a decrease of 1.5% from the previous year’s performance.
  • Decline in EPS: Earnings Per Share (EPS) decreased to 392 rupiah, compared to 431 rupiah in the first half of last year.
  • Analyst Recommendations: There are 27 buy recommendations, 3 hold recommendations, and 3 sell recommendations for Astra International‘s stock.
  • Comparative Analysis: All comparisons are based on the company’s original disclosures from previous years.

Astra International on Smartkarma

Analysts on Smartkarma, such as Angus Mackintosh, have been covering Astra International closely with positive sentiments. In his report “Astra International (ASII IJ) – Striking a Balance with Finance”, Mackintosh highlights Astra’s reflection of the Indonesian economy, emphasizing its investments in geothermal and growing nickel businesses. Despite a -14% YoY headline net profit, the company’s optimism for the long term shows through as it maintains a 6.6x FY2024E PER and a 7.2% dividend yield, making valuations attractive.

Another report by Angus Mackintosh, “Astra International (ASII IJ) – Indonesia’s Mirror Image”, showcases Astra’s record earnings in 2023 despite commodity softening. Strong performances in the auto division, financing, and motorcycles drove these results. With investments in growth areas like the EV battery ecosystem and healthcare, Astra remains well-diversified to weather potential cyclical downturns. Valuations stand at 6.8x FY2024E PER with a 6.6% dividend yield, indicating a positive outlook for Astra International.


A look at Astra International Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.8

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

PT Astra International Tbk, a company deeply rooted in the automotive industry, boasts a solid Smartkarma Smart Score across various key factors, reflecting a positive long-term outlook. With high scores in Dividend and Value, Astra International demonstrates a commitment to rewarding shareholders while maintaining a strong financial position. Furthermore, its respectable scores in Growth indicate potential for expansion and development in the future. However, the company shows some room for improvement in Resilience and Momentum, suggesting a need to enhance its ability to withstand economic downturns and capitalize on market trends.

Overall, PT Astra International Tbk’s diverse business operations encompassing automobiles, motorcycles, spare parts, mining, plantations, and financial and information technology sectors position it as a versatile player in the market. The Smartkarma Smart Scores underline its strengths in value, dividend payouts, and growth prospects, signaling a promising trajectory ahead. By addressing areas such as resilience and momentum, Astra International could further solidify its standing and tap into its full potential for sustained success.


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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CapitaLand Ascendas REIT (CLAR) Earnings: 1H Distribution per Unit Hits S$0.0752 Amid Strong Financial Performance

By | Earnings Alerts
  • CapitaLand Ascendas REIT‘s distribution per unit for the first half of 2024 is S$0.0752.
  • The net property income for the same period is S$528.4 million.
  • The gross revenue stands at S$770.1 million.
  • Distributable income totals S$330.8 million for the first half of the year.
  • Analyst recommendations include 13 buys and 2 holds, with no sell ratings.

CapitaLand Ascendas REIT on Smartkarma

Analyst coverage of CapitaLand Ascendas REIT on Smartkarma has been highlighted by Jacob Cheng in his research report titled “S-REIT Pair Trade Idea: Long CLAR SP and SHORT Keppel REIT on Industry Fundamentals“. Cheng’s bullish sentiment is based on the divergence in industry fundamentals within the S-REIT sector. He particularly favors industrial and retail segments due to their stronger fundamentals and valuation, proposing a pairing strategy of Long CLAR and Short KREIT to capitalize on these opportunities.

Cheng’s analysis emphasizes the regional market dynamics, with a focus on Singapore where he identifies intriguing trade ideas despite investor capitulation in some areas. By examining the recent Q4 results of S-REITs, the report sheds light on the varying performance across different sectors, providing valuable insights for investors looking to navigate the real estate investment landscape.


A look at CapitaLand Ascendas REIT Smart Scores

FactorScoreMagnitude
Value3
Dividend4
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



CapitaLand Ascendas REIT, a prominent industrial real estate investment trust, has been evaluated using the Smartkarma Smart Scores system to gauge its long-term prospects. With a solid performance in dividend payouts and fair value assessment, the company shows promise in terms of providing consistent returns to its investors. However, areas such as growth and resilience have scored lower, indicating potential challenges in expanding its portfolio and adapting to market disruptions. Balanced momentum suggests a steady trajectory for CapitaLand Ascendas REIT, providing a stable investment option in the industrial real estate sector.

Specializing in a diverse range of industrial properties including business parks, data centers, and logistics centers, CapitaLand Ascendas REIT offers a robust investment opportunity for those seeking exposure to this sector. The trust’s strategic focus on high-quality assets in key growth areas positions it well for long-term success. Investors can benefit from the company’s strong dividend performance and respectable overall standing in the market. Despite facing growth and resilience challenges, CapitaLand Ascendas REIT‘s momentum indicates a consistent path forward, making it a noteworthy player in the industrial real estate investment landscape.



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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United Tractors (UNTR) Earnings: 1H Net Income Drops 15% to 9.53 Trillion Rupiah Year-over-Year

By | Earnings Alerts
  • United Tractors‘ net income for the first half of 2024 is 9.53 trillion rupiah, a 15% decline compared to the 11.22 trillion rupiah for the same period last year.
  • The company’s revenue for the first half of 2024 stands at 64.51 trillion rupiah, down 6.1% from the previous year’s figure.
  • United Tractors‘ earnings per share (EPS) decreased to 2,625 rupiah from 3,088 rupiah year-over-year.
  • The stock currently has 19 buy ratings, 5 hold ratings, and 1 sell rating.
  • All comparisons are based on values reported from the company’s original disclosures.

A look at United Tractors Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE4.4

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

United Tractors, a leading distributor and lessor of construction machinery, is positioned for a solid long-term outlook as indicated by its Smartkarma Smart Scores. With top ratings in Dividend, Growth, and Momentum, the company showcases strong financial health and growth potential. The high Dividend score reflects its commitment to rewarding shareholders, while the Growth and Momentum scores signal promising opportunities for expansion and market performance. Additionally, a respectable Resilience score underlines the company’s ability to navigate economic challenges effectively, further bolstering its overall outlook.

PT United Tractors Tbk stands out in the industry with its diverse offerings of construction machinery including renowned brands like Komatsu and Scania. Alongside distributing and leasing machinery, the company engages in contract mining services and heavy equipment trading and assembly. The impressive Smart Scores, particularly in Dividend, Growth, and Momentum, position United Tractors as a strong contender for long-term investment, backed by its solid financial performance and growth prospects 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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Vietnam Prosperity Bank (VPB) Earnings Surge 67% in 1H to 8.6 Trillion Dong, Beating Last Year’s 5.16T

By | Earnings Alerts
  • VPBank reported a pretax profit of 8.6 trillion dong in the first half of 2024.
  • This profit marked a 67% increase compared to 5.16 trillion dong in the same period last year.
  • Total operating income rose by 17.5% to reach 29 trillion dong in the first half of 2024.
  • As of the end of June, the consolidated loan balance was approximately 647 trillion dong.
  • Market sentiment is positive with 9 buys, 4 holds, and no sell recommendations for VPBank.

A look at Vietnam Prosperity Bank Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
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

Based on the Smartkarma Smart Scores, Vietnam Prosperity Bank is showing a promising long-term outlook. With consistent scores across Value, Dividend, Growth, and Momentum at a moderate level of 3, the bank is positioned well across these key factors. The company’s resilience score, however, lags slightly behind at 2, indicating some room for improvement in handling unexpected challenges. Vietnam Prosperity Bank, also known as VPBank, provides a range of commercial banking services in Vietnam, including personal loans, trade financing, e-banking, and foreign exchange services.

Overall, VPBank’s solid performance in Value, Dividend, Growth, and Momentum aspects suggests a positive trajectory for the bank in the long term. While there is room for enhancing resilience, the company’s diverse banking services and focus on domestic remittance, savings accounts, and cash management position it well to cater to the needs of customers in Vietnam. Investors may find Vietnam Prosperity Bank an interesting prospect to watch, given its balanced Smart Scores and the range of services it offers to its customers.


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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GCL Technology Holdings’s Stock Price Dips to 1.05 HKD, Marking a 2.78% Decrease, Reflecting Volatile Market Performance

By | Market Movers

GCL Technology Holdings (3800)

1.05 HKD -0.03 (-2.78%) Volume: 94.32M

GCL Technology Holdings’s stock price stands at 1.05 HKD, witnessing a dip of -2.78% this trading session with a trading volume of 94.32M, reflecting a year-to-date decline of -15.32%, underscoring the volatility and potential investment opportunities within the market.


Latest developments on GCL Technology Holdings

Gcl Poly Energy Holdings Limited stock price experienced a surge today following the announcement of a new partnership with a leading solar energy company. This collaboration is expected to boost the company’s market position and drive future growth. Additionally, positive earnings reports and increasing demand for renewable energy solutions have contributed to the recent uptick in stock price. Investors are optimistic about the company’s potential for expansion and profitability in the coming months.


A look at GCL Technology Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience3
Momentum3
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

Based on the Smartkarma Smart Scores, Gcl Poly Energy Holdings Limited has a moderate outlook across the board. The company scores a 3 in Value, Growth, Resilience, and Momentum, indicating a neutral to slightly positive stance in these areas. With a Dividend score of 4, Gcl Poly Energy Holdings Limited is showing strength in this aspect, offering investors a potentially attractive dividend yield. Overall, the company is positioned decently in terms of its financial performance and market momentum.

GCL-Poly Energy Holdings Ltd, a Chinese power company specializing in solar grade polysilicon production and cogeneration plant operations in China, is expected to maintain a stable performance in the long term. While not excelling in any particular area, the company’s consistent scores across Value, Growth, Resilience, and Momentum suggest a steady trajectory. With a strong Dividend score of 4, Gcl Poly Energy Holdings Limited may appeal to income-focused investors seeking a reliable dividend income stream. As a key player in the renewable energy sector, the company is poised to capitalize on the growing global demand for clean energy solutions.


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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Hong Kong Market Movers Today – 30 July 2024

By | Market Movers

Biggest stock losers today in Hong Kong

CompanyStock PricePercentage ChangeSmartkarma SmartScore
China Construction Bank (939)5.43 HKD-0.55%4.2
SenseTime Group (20)1.14 HKD-3.39%3.6
Industrial and Commercial Bank of China (1398)4.32 HKD-1.37%4.2
China Tower (788)0.96 HKD-1.03%4.0
CNOOC (883)19.92 HKD-3.30%3.6
Agricultural Bank of China (1288)3.52 HKD-0.28%4.0
China Petroleum & Chemical (386)4.84 HKD-1.83%3.8
Petrochina (857)6.69 HKD-3.18%4.4
GCL Technology Holdings (3800)1.05 HKD-2.78%3.2
Xiaomi (1810)16.28 HKD-3.21%3.6

What is Smartkarma SmartScore?

It is a compound score for a Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores (Value, Dividend, Growth, Resilience, Momentum scores) computed by Smartkarma.

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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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Agricultural Bank of China’s Stock Price Dips to 3.52 HKD, Recording a Slight 0.28% Decline

By | Market Movers

Agricultural Bank of China (1288)

3.52 HKD -0.01 (-0.28%) Volume: 135.11M

Agricultural Bank of China’s stock price stands at 3.52 HKD, experiencing a slight dip of -0.28% this trading session with a robust trading volume of 135.11M. Despite the daily fluctuation, the bank boasts a remarkable YTD increase of +16.94%, solidifying its steady performance in the stock market.


Latest developments on Agricultural Bank of China

Today, Agricultural Bank of China’s stock price saw significant movements following key events in the financial market. As one of the 10 largest banks in the world in 2024, Agricultural Bank of China’s performance is closely watched by investors. Recent developments such as changes in interest rates, economic indicators, and global market trends have all played a role in influencing the stock price of Agricultural Bank of China. Investors are closely monitoring these factors to make informed decisions about their investments in the bank.


Agricultural Bank of China on Smartkarma

Analysts on Smartkarma, such as Travis Lundy, have been covering Agricultural Bank Of China. In a recent report titled “HK Connect SOUTHBOUND Flows (To 28 June 2024); Still a Net Buy, but Less Strong. Financials Dominate,” Lundy expressed a bullish sentiment towards the company. The report highlighted that SOUTHBOUND saw its 4th net sell day since Chinese New Year last week, but ended up again. Banks were a big buy, with Agricultural Bank Of China being a net buyer for HK$9.3bn this week. Lundy mentioned that valuations are acceptable, flows are good, and policy changes are afoot, indicating that SOUTHBOUND may continue to see inflows.


A look at Agricultural Bank of China Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
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

According to Smartkarma Smart Scores, Agricultural Bank Of China has received high ratings in several key areas. With a strong score in Dividend and Momentum, the company is showing promising signs for long-term growth and stability. This indicates that Agricultural Bank Of China may be a reliable option for investors looking for consistent returns and potential for future expansion.

While the company has received lower scores in Resilience, it is important to consider the overall outlook provided by the Smart Scores. With solid ratings in Value and Growth, Agricultural Bank Of China appears to have a strong foundation for continued success in the future. Investors may want to keep an eye on this company as it continues to demonstrate positive performance in key areas of interest.


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 Tower’s Stock Price Falls to 0.96 HKD, Down by 1.03%: A Closer Look at Performance

By | Market Movers

China Tower (788)

0.96 HKD -0.01 (-1.03%) Volume: 198.04M

China Tower’s stock price currently stands at 0.96 HKD, experiencing a slight dip of -1.03% this trading session with a robust trading volume of 198.04M, yet showcasing a promising YTD growth of +17.07%, reflecting its resilience and potential in the stock market.


Latest developments on China Tower

China Tower has been making headlines recently with its innovative architectural designs, including the controversial “floating” staircase that has sparked both awe and fear among onlookers. This bold move by the company has generated significant buzz in the industry, leading to increased investor interest and speculation about the company’s future projects. As a result, China Tower’s stock price has experienced fluctuations in response to these developments, with investors closely monitoring the company’s next steps in the competitive telecommunications market.


China Tower on Smartkarma

Analysts on Smartkarma, such as Brian Freitas, are closely following the coverage of China Tower. In a recent research report titled “FXI Rebalance Preview: One High Probability Change; One More Possible,” Freitas highlighted the potential changes expected for the FXI ETF in September. He mentioned that China Tower (788 HK) is a potential inclusion in the ETF, while China International Capital Corporation (3908 HK) may be deleted. Freitas also noted that shorts have been dropping in China Tower and are near their lows, while increasing in China International Capital Corporation.

According to the research report by Brian Freitas on Smartkarma, the sentiment towards China Tower appears to be bullish. The report mentioned that there could be 1 change for the FXI ETF in September, with the possibility of another change if Wux performs poorly compared to other stocks. Overall, analysts are keeping a close eye on the developments surrounding China Tower and its potential inclusion in the ETF, indicating a positive outlook for the company in the near future.


A look at China Tower Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience2
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

China Tower Corporation Limited, a telecommunication company operating in China, has received promising Smart Scores across various factors. With a top score in Value, the company is seen as having strong potential for long-term growth. Additionally, its high scores in Dividend and Growth indicate a stable and expanding business model. However, China Tower’s lower score in Resilience suggests some vulnerability to market fluctuations. On the bright side, the company’s Momentum score of 5 reflects strong positive market sentiment towards its future prospects.

Overall, China Tower’s outlook appears optimistic based on its Smart Scores. The company’s focus on telecommunication towers construction, maintenance, and related services positions it well for continued growth in the Chinese market. While there may be some challenges ahead in terms of resilience, China Tower’s solid performance in value, dividend, and growth bode well for its long-term success in the 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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