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Fanuc Corp (6954) Earnings: FY Operating Income Forecast Raised but Misses Estimates

By | Earnings Alerts
  • Full-Year Forecasts:
    • Fanuc sees its operating income at 143.00 billion yen, which is higher than the previous 121.00 billion yen but below the estimate of 144.65 billion yen.
    • Projected net income is 125.30 billion yen, up from previous 107.30 billion yen, yet below the estimate of 130.02 billion yen.
    • Net sales are forecasted to be 784.30 billion yen, up from 746.40 billion yen, but below the estimate of 795.67 billion yen.
  • First-Half Forecasts:
    • Expected operating income is 68.60 billion yen, an increase from the previous 61.00 billion yen.
    • Projected net sales stand at 385.20 billion yen, up from 364.00 billion yen but just short of the estimate of 386.89 billion yen.
    • Net income is expected to be 64.10 billion yen, an increase from the prior 53.80 billion yen.
  • First-Quarter Results:
    • Operating income reached 32.96 billion yen, up by 1.1% year-over-year, but below the estimate of 33.97 billion yen.
    • Net income was 28.80 billion yen, down by 5% year-over-year, slightly below the estimate of 29.68 billion yen.
    • Net sales amounted to 195.10 billion yen, down by 3.3% year-over-year, but higher than the estimate of 189.72 billion yen.
  • Analyst Ratings:
    • There are 14 buy ratings, 5 hold ratings, and 2 sell ratings for Fanuc.

Fanuc Corp on Smartkarma

Analyst coverage on Fanuc Corp by Smartkarma reveals contrasting views on the company’s performance. Scott Foster‘s report, “Fanuc (6954 JP): Guidance Points Down, but the Market Sees Recovery,” highlights a positive sentiment. Foster notes that Fanuc’s share price rose due to conservative guidance based on optimistic exchange rates. Orders are showing signs of improvement, especially with new opportunities in aerospace and traditional markets. Despite slow recovery indicators like inflation and inventory adjustments, Foster recommends a long-term Buy.

In contrast, Mark Chadwick‘s report, “Fanuc (6954) | Profitability Problems Persist,” takes a bearish stance. Chadwick points out a -7% decline in revenue for FY3/24 and a 26% decrease in operating profit, leading to disappointing future guidance. The market’s expectation of a profit turnaround seems unlikely as margins hit all-time lows. Chadwick’s analysis suggests challenges ahead for Fanuc in terms of profitability and market performance.


A look at Fanuc Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience4
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

In assessing the long-term outlook for Fanuc Corporation, the Smartkarma Smart Scores provide valuable insights across key factors. While the company receives moderate scores in Value, Dividend, Growth, and Momentum, it stands out with a strong score in Resilience. This indicates a solid foundation for weathering market fluctuations and potential challenges, showcasing stability in uncertain times.

Fanuc Corporation, a leading manufacturer of factory automation systems and robots, demonstrates a robust profile according to the Smartkarma Smart Scores. With a diversified product line catering to industrial needs, including CNC equipment, servo motors, and industrial robots, the company’s joint venture with General Electric further strengthens its presence in the factory automation sector. The combination of consistent performance and innovative technologies positions Fanuc well for sustained growth and resilience 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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Shionogi & Co (4507) Earnings: 1Q Operating Income Falls Short of Estimates by 40%

By | Earnings Alerts
  • Shionogi’s 1Q operating income: 28.11 billion yen, down 40% year-over-year (y/y), missing the estimate of 31.91 billion yen.
  • Net income for the same period: 30.64 billion yen, a decrease of 28% y/y, missing the estimate of 33.35 billion yen.
  • Net sales: 97.59 billion yen, down 11% y/y, but slightly above the estimate of 96.5 billion yen.
  • R&D expenses increased by 18% y/y to 29.43 billion yen, higher than the estimated 24.73 billion yen.
  • First half forecast remains unchanged:
    • Net sales: 210.00 billion yen
    • Operating income: 69.00 billion yen
    • Net income: 66.50 billion yen
  • 2025 full-year forecast expectations:
    • Operating income: 160.00 billion yen, estimate 154.6 billion yen
    • Net income: 163.00 billion yen, estimate 158.42 billion yen
    • Net sales: 455.00 billion yen, estimate 433.85 billion yen
    • Dividend: 170.00 yen, estimate 168.33 yen
  • Analyst recommendations:
    • 8 buys
    • 7 holds
    • 1 sell

A look at Shionogi & Co Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience4
Momentum2
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

Shionogi & Company Ltd., a pharmaceutical company known for developing prescription and over-the-counter drugs as well as diagnostics, has been assessed with a mix of Smart Scores across various factors. With a solid outlook in growth and resilience, the company seems poised for long-term success. The growth score of 4 indicates a positive trajectory in expanding its business operations, while the resilience score of 4 reflects the company’s ability to withstand market challenges effectively.

Although the momentum score for Shionogi & Co is at 2, suggesting some room for improvement in this aspect, the overall outlook remains promising. With average scores in value and dividend, the company is seen as holding a balanced position in terms of its financial health and return to shareholders. Investors may find Shionogi & Co a compelling choice for long-term investment considering its strengths in growth and resilience.


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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Aldar Properties PJSC (ALDAR) Earnings: 2Q Profit Surges 29%, Exceeding Estimates

By | Earnings Alerts
  • 2nd Quarter Profit: 1.55 billion dirhams, a 29% increase year-over-year
  • Profit exceeded estimates which were 1.21 billion dirhams
  • Revenue: 5.30 billion dirhams, a 64% increase year-over-year
  • Revenue nearly met the estimate of 5.31 billion dirhams
  • Earnings Per Share (EPS): 0.197 dirhams, up from 0.152 dirhams year-over-year
  • EPS exceeded the estimate of 0.14 dirhams
  • Strong demand cited for new project launches and existing inventory
  • Analyst ratings: 7 buy, 1 hold, 1 sell

A look at Aldar Properties PJSC Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience3
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

Based on the Smartkarma Smart Scores, Aldar Properties PJSC shows a promising long-term outlook. With a high Growth score of 4 and Momentum score of 5, the company appears to be on a path of steady expansion and strong market performance. These scores indicate that Aldar Properties is likely experiencing growth in its business operations and stock value.

While the Value and Resilience scores are moderate at 3, indicating fair value and resilience in the face of challenges, the Dividend score of 2 suggests that the company may need to focus on enhancing its dividend payouts to attract income-focused investors. Overall, Aldar Properties PJSC seems well-positioned for growth and market success in the coming years.


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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Heineken NV (HEIA) Earnings: Strong Interim Dividend, Full Year Profit Growth Expected

By | Earnings Alerts
  • Heineken announced an interim dividend of EUR 0.69 per share.
  • The full-year outlook has been updated, with operating profit (beia) expected to grow organically by 4% to 8%.
  • The Americas region showed strong operating profit improvement, especially in Brazil and Mexico, due to portfolio mix and major saving initiatives.
  • The APAC region returned to growth, driven by strong performance in India and a stabilizing Vietnamese beer market.
  • In Europe, Heineken gained market share in most markets and saw a slight increase in beer volumes compared to last year, despite poor weather in June.
  • Premium beer volume grew by 5%, with the Heineken® brand leading the growth at 9%.
  • Current analyst recommendations include 16 buys, 7 holds, and 2 sells.

A look at Heineken NV Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
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

Heineken NV, a global producer and distributor of beverages, is positioned with moderate Smart Scores across various key factors. With a balanced overall outlook based on Value, Dividend, Growth, Resilience, and Momentum scores all at a moderate level of 3, Heineken NV portrays stability and consistency in its performance. This suggests that the company is maintaining a steady trajectory in terms of its value, dividend payments, growth potential, resilience in the face of challenges, and momentum in the market.

Though not excelling in any particular factor, the consistent scoring across the board indicates a solid foundation for Heineken NV. Investors looking for a reliable and well-rounded investment option might find Heineken NV an appealing choice given its across-the-board average scores. As a company known for its production of beers, spirits, wines, and soft drinks under various well-established brand names, Heineken NV‘s stable Smart Scores hint at a steady long-term outlook for the company in the ever-evolving beverage 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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Wharf Holdings (4) Earnings: Preliminary 1H Net Loss Ranges from HK$2.50B to HK$2.80B

By | Earnings Alerts
  • Wharf recorded a preliminary net loss of HK$2.50 billion to HK$2.80 billion for the first half of 2024.
  • This significant loss compares to a net income of HK$696 million in the corresponding period of 2023.
  • Despite the losses, Wharf maintains that its overall financial position remains healthy.
  • Investment analysts’ ratings for Wharf include 0 buys, 4 holds, and 7 sells.

A look at Wharf Holdings Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth2
Resilience3
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

Looking at the Smartkarma Smart Scores for Wharf Holdings, the company seems to have a promising long-term outlook. With a strong Value score of 4, Wharf Holdings is evidently considered to be a solid investment in terms of its current price compared to its fundamental value. This indicates that the company may be undervalued and could provide good returns to investors in the future.

However, the company’s Dividend and Growth scores are rated lower at 2, suggesting that Wharf Holdings may not be focusing as much on distributing dividends or on aggressive growth strategies. With a Resilience score of 3, the company is perceived to have moderate stability in weathering economic downturns. Moreover, a Momentum score of 4 indicates that Wharf Holdings is showing positive price momentum in the market, reflecting growing investor interest in the company’s prospects. Overall, based on these Smart Scores, Wharf Holdings appears to have a favorable outlook for the long term.

Company Summary: The Wharf (Holdings) Limited is primarily engaged in real estate development and investment, owning and managing hotels, logistics business operations, as well as telecommunications, cable television, and Internet-related businesses. With a diverse portfolio of businesses, Wharf Holdings showcases a multifaceted approach to investments and operations in various industries.


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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Wharf Real Estate Investment C (1997) Earnings: Preliminary 1H Net Loss of At Least HK$900M

By | Earnings Alerts
  • Wharf Real Estate reports a preliminary net loss of at least HK$900 million for the first half of 2024.
  • This is a significant decline compared to the net income of HK$1.81 billion in the same period of 2023.
  • The company’s financial position remains healthy despite the reported loss.
  • The reported loss includes non-cash and unrealised revaluation deficits.
  • Retail sales recovery in Hong Kong stalled soon after the border reopening in the first quarter of 2023.
  • Market sentiment includes 12 buy ratings, 3 hold ratings, and 1 sell rating for Wharf Real Estate.

A look at Wharf Real Estate Investment C Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience3
Momentum2
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

Wharf Real Estate Investment C is seen to have a positive long-term outlook based on its Smartkarma Smart Scores. With high scores in Value, Dividend, and Growth at 4 each, the company demonstrates strength in these key areas. Additionally, its operations in residential and commercial properties in Hong Kong showcase a diversified portfolio, adding to its resilience score of 3. However, with a lower score in Momentum at 2, there may be some challenges in maintaining market traction in the near future.

Wharf Real Estate Investment C, a company providing real estate investment services, is well-positioned for the future with solid ratings in Value, Dividend, and Growth. Operating in Hong Kong, the company develops, invests, and manages a mix of residential and commercial properties, indicating a broad scope of business activities. Despite a slightly lower score in Momentum, the overall outlook for Wharf Real Estate Investment C appears promising, leveraging its established presence in the real estate 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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BDO Unibank Inc (BDO) Earnings Soar: 1H Net Income Hits 39.4B Pesos, Boosted by Core and Fee-Based Businesses

By | Earnings Alerts
  • BDO Unibank’s net income for the first half of 2024 reached 39.4 billion pesos.
  • This marks a 12% year-on-year increase in net income.
  • The growth was primarily driven by the bank’s core and fee-based businesses.
  • The non-performing loan (NPL) ratio stands at 2.06%, with NPL coverage at 169%.
  • Return on common equity increased to 15.8% in Q2, compared to 14.3% in Q1.
  • Non-interest income saw a 13% rise in the same period.
  • BDO Unibank states it is in a “suitable position” to capitalize on emerging opportunities.
  • Market analysts have given 19 buys, 3 holds, and 0 sells for BDO Unibank.

A look at BDO Unibank Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience5
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

Based on Smartkarma Smart Scores, BDO Unibank Inc shows a promising long-term outlook. With a Growth score of 4 and a Resilience score of 5, the company is positioned well for future expansion and can navigate through economic challenges effectively. Additionally, a Value score of 3 indicates that the company is reasonably priced, offering potential for investors looking for a balanced opportunity. The Dividend and Momentum scores are both at 3, suggesting steady dividend payouts and stable market performance.

BDO Unibank Inc provides a range of banking services in the Philippines, including savings accounts, investments, loans, credit cards, remittance, insurance, and trade financing services. With strong Growth and Resilience scores, the company is expected to continue growing steadily while remaining robust in the face of market fluctuations. Investors looking for a reliable banking investment with growth potential may find BDO Unibank Inc to be a favorable option.


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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Saudi Arabian Fertilizer Co (SAFCO) Earnings: 2Q Profit Misses Estimates Despite Increased Revenue

By | Earnings Alerts
  • Profit: 705 million riyals, an increase of 8.3% year-over-year (y/y). However, this was below the estimate of 801 million riyals.
  • Revenue: 2.68 billion riyals, up by 1.8% y/y, surpassing the estimate of 2.27 billion riyals.
  • Operating Profit: 678 million riyals, unchanged compared to the previous year, but below the estimated 745 million riyals.
  • Earnings Per Share (EPS): 1.48 riyals, compared to 1.37 riyals y/y, matching the estimate of 1.47 riyals.
  • EBITDA: 920 million riyals, an increase of 2% y/y.
  • EBITDA Margin: 34%, consistent with the previous year’s margin of 34%.
  • Free Cash Flow: 159 million riyals, a significant decrease of 71% y/y.
  • The decrease in average prices and an increase in sales volume were noted as key factors.
  • Demand was largely driven by seasonal preparation needs in the US, EU, and APAC regions.
  • Strong demand is expected due to seasonal transitions in South America and the Indian subcontinent.
  • Analyst Ratings: 6 buys, 9 holds, and 0 sells.

A look at Saudi Arabian Fertilizer Co Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE4.2

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, Saudi Arabian Fertilizer Co (Safco) shows a promising long-term outlook. With strong scores in categories like Dividend and Resilience, the company appears well-positioned to weather market fluctuations and provide consistent returns to investors. Safco’s high Dividend score signifies a robust dividend payment history, making it an attractive choice for income-focused investors. Additionally, its top-notch Resilience score suggests that the company has the strength to withstand economic challenges and maintain stability over time.

Safco also demonstrates solid performance in Growth and Momentum, indicating potential for future expansion and positive market sentiment. While the Value score is not the highest, the overall Smart Scores paint a positive picture for Saudi Arabian Fertilizer Co‘s prospects. As a manufacturer of essential agricultural supplies, Safco plays a key role in the fertilizers industry, producing a range of products like ammonia, urea, sulfuric acid, and melamine. This wide product portfolio positions Safco well to benefit from the growing demand for agricultural inputs both locally and globally.


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 – 28 Jul 2024

By | Private Markets, Smartkarma Newswire

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

  1. Southeast Asian startups experienced a decline in equity funding in the second quarter, marking a reversal from previous upward trends.
  2. In the first half of 2024, the total value of proceeds in the region stood at $2.29 billion, showing a 36% year-on-year decline, the lowest level in more than five years.
  3. Indonesia saw a significant drop in funding activities, with deal volume hitting a new low in the second quarter.
  4. Early-stage startup funding surpassed late-stage funding in the first semester, indicating a shift from the past five years.
  5. Indian startups raised the highest funding in June, with $2.24 billion compared to $1.85 billion in May 2024.
  6. Indian e-commerce startups dominated big-ticket funding transactions, securing $1.9 billion in the first half of 2024.
  7. Several companies in Southeast Asia reported financial updates, including 2C2P trimming its losses and Naver-backed Planetarium Labs experiencing revenue growth despite increased losses.
  8. Singapore’s GIC posted a 3.9% annualized real rate of return for the 20-year period ending in March 2024.
  9. ANEXT Bank in Singapore saw losses rise in 2023 despite a significant revenue increase.
  10. Overall, the venture capital landscape in Southeast Asia remains cautious, with investors eyeing opportunities in various sectors and markets.”

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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