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Earnings Alerts

Toyo Suisan Kaisha (2875) Earnings: 1Q Operating Income Surpasses Estimates by 54%

By | Earnings Alerts
  • Operating income for Toyo Suisan in 1Q 2024 was 20.27 billion yen, a 54% increase year-over-year (YoY), surpassing the estimated 16.88 billion yen.
  • Net income reached 17.63 billion yen, up 60% YoY, beating the estimate of 13.95 billion yen.
  • Net sales were 126.70 billion yen, marking a 14% increase YoY, exceeding the estimated 119.87 billion yen.
  • Seafood net sales amounted to 8.07 billion yen, a 6.8% rise YoY.
  • The Overseas Instant Noodles segment saw net sales of 60.39 billion yen, up 27% YoY.
  • Domestic Instant Noodles net sales were 22.26 billion yen, a modest increase of 1.2% YoY.
  • Frozen and Refrigerated Foods net sales stood at 15.26 billion yen, a 6.5% growth YoY.
  • Processed Foods net sales were 5.05 billion yen, a 12% increase YoY.
  • Cold Storage net sales reached 6.15 billion yen, up 3.1% YoY.
  • For the 2025 fiscal year, Toyo Suisan forecasts operating income of 72.00 billion yen, slightly below the estimated 73.26 billion yen.
  • Net income is projected to be 59.00 billion yen, compared to the estimate of 60.43 billion yen.
  • Net sales are expected to be 510.00 billion yen, just below the estimated 511.46 billion yen.
  • The company plans to maintain the dividend at 170.00 yen, below the estimate of 176.32 yen.
  • Following the news, Toyo Suisan shares increased by 5% to 9,989 yen, with 316,100 shares traded.
  • The current analyst ratings include 6 buys, 2 holds, and 0 sells.
  • All comparisons to past results are based on the company’s original disclosures.

Toyo Suisan Kaisha on Smartkarma

Analysts on Smartkarma, like Oshadhi Kumarasiri, are closely tracking Toyo Suisan Kaisha, a Japanese instant noodle manufacturer. In a recent research report titled “Toyo Suisan: Activist Advocates For Legacy Divestiture & More Capital for Global Expansion,” Nihon Global Growth Partners urges Toyo Suisan to exit low-return legacy businesses, increase the payout ratio to 40%, and initiate a Β₯20bn share buyback. The analysts argue that the company’s focus on legacy ventures with low returns is a concern, pushing for strategic changes to enhance profitability and shareholder value.

This call for action by analysts highlights the growing interest of activist investors in Japan, targeting companies like Toyo Suisan for improved capital allocation and strategic shifts. The research report provides valuable insights into the potential benefits of restructuring Toyo Suisan’s business portfolio, indicating a drive towards maximizing returns and fueling global expansion initiatives. Investors keen on understanding the impact of activist recommendations on Toyo Suisan’s future performance can delve deeper into this comprehensive analysis provided by independent analysts on Smartkarma.


A look at Toyo Suisan Kaisha Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience5
Momentum4
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

Investors looking at the long-term outlook for Toyo Suisan Kaisha may find a promising future ahead based on the Smartkarma Smart Scores. With a strong resilience score of 5, the company is well-equipped to weather market downturns and external pressures. Additionally, scoring a 4 in both growth and momentum, Toyo Suisan Kaisha shows potential for expansion and positive stock price performance in the future. While the value and dividend scores of 3 indicate moderate performance in these areas, the overall outlook for the company appears optimistic, especially considering its diverse product portfolio that includes seafood, instant noodles, and frozen food products.

Toyo Suisan Kaisha, Ltd., known for purchasing, processing, and selling seafood, and manufacturing various food products under the Maru-chan brand, seems to have a bright path forward. The company’s balanced Smartkarma Smart Scores suggest a mix of stability and growth opportunities. Combining its established presence in the seafood industry with a focus on innovation and market momentum, Toyo Suisan Kaisha could be a compelling choice for investors seeking long-term potential in the food 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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Ono Pharmaceutical (4528) Earnings: 1Q Operating Income Misses Estimates, Future Forecast Remains Positive

By | Earnings Alerts
  • Ono Pharma’s operating income for the first quarter is 30.69 billion yen, a 26% drop compared to last year and lower than the estimate of 32.84 billion yen.
  • Net income stands at 24.79 billion yen, a decrease of 22% year-over-year, missing the estimate of 25.16 billion yen.
  • Net sales are recorded at 117.68 billion yen, which is a 2% decline from the previous year but exceeds the estimate of 112.43 billion yen.
  • For the fiscal year 2025, Ono Pharma maintains its forecast for operating income at 122.00 billion yen, higher than the estimate of 112.21 billion yen.
  • The company also holds its forecast for net income at 91.00 billion yen, surpassing the estimate of 87.02 billion yen.
  • Sales forecasts for 2025 stand at 450.00 billion yen, which is lower than the estimate of 476.9 billion yen.
  • Dividend per share for 2025 is projected at 80.00 yen, slightly above the estimate of 79.17 yen.
  • Analyst recommendations include 3 buys, 6 holds, and 5 sells.

Ono Pharmaceutical on Smartkarma



Analyst coverage on Ono Pharmaceutical by Tina Banerjee on Smartkarma indicates a bearish sentiment regarding the company’s recent acquisition of Deciphera Pharmaceuticals. The headline, “Ono Pharmaceutical (4528 JP): Deciphera Acquisition Will Not Bring Immediate Respite,” highlights concerns about the $2.4 billion acquisition, which is expected to be completed in Q2FY25. Banerjee’s analysis suggests that while Ono may benefit from the acquisition in FY27, in the short term, it may not address the company’s revenue loss issues. Additionally, the costly nature of the deal and the potential earnings dilution for Ono are identified as significant hurdles.



A look at Ono Pharmaceutical Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience4
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

Ono Pharmaceutical Co., Ltd. has a promising long-term outlook based on the Smartkarma Smart Scores. With a strong score of 5 in Dividend, the company is well-positioned to provide consistent returns to its investors over time. Additionally, Ono Pharma scores 4 in Growth and Resilience, indicating its potential for sustainable expansion and ability to weather market challenges.

The company’s focus on prescription drug research and development aligns with its overall score of 3 in Value. While the Momentum score of 3 suggests a steady trajectory, the higher scores in Dividend, Growth, and Resilience demonstrate Ono Pharmaceutical‘s solid foundation and potential for long-term success in the pharmaceutical 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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Mitsui O.S.K. Lines (9104) Earnings: Significant Boost in FY Operating Income Forecast, Surpasses Estimates

By | Earnings Alerts
  • Revised Forecasts for Fiscal Year:
    • Operating income forecast: 156.00 billion yen (previously 152.00 billion yen, estimate 143.32 billion yen)
    • Net income forecast: 335.00 billion yen (previously 215.00 billion yen, estimate 218.62 billion yen)
    • Net sales forecast: 1.82 trillion yen (previously 1.80 trillion yen, estimate 1.76 trillion yen)
    • Dividend forecast: 280.00 yen (previously 180.00 yen, estimate 196.00 yen)
  • First Quarter Results:
    • Operating income: 40.67 billion yen, +66% year-over-year (y/y)
    • Net income: 107.10 billion yen, +17% y/y
    • Net sales: 435.95 billion yen, +13% y/y
  • Analyst Recommendations:
    • 5 buys, 4 holds, 2 sells

A look at Mitsui O.S.K. Lines Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience2
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

Looking at Mitsui O.S.K. Lines‘ Smartkarma Smart Scores, the company seems to have a positive long-term outlook. With a top score in Value, Dividend, and Growth factors, Mitsui O.S.K. Lines is showing strength across these areas. This indicates that the company is likely undervalued, offers a good dividend yield, and has strong growth potential.

However, it’s worth noting that the company scored lower in Resilience and Momentum. This suggests that while Mitsui O.S.K. Lines may face some challenges in terms of resilience and may not be exhibiting strong momentum compared to its peers, its overall solid performance in other areas bodes well for its future 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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Toyota Industries (6201) Earnings: 1Q Operating Income Surges by 29%, Surpassing Estimates

By | Earnings Alerts
  • Operating income for Toyota Industries in the first quarter was 67.90 billion yen, up 29% year-over-year, beating the estimate of 62.06 billion yen.
  • Net income for the first quarter reached 111.21 billion yen, a 28% increase year-over-year, surpassing the estimate of 95.96 billion yen.
  • Net sales for the first quarter were 1.03 trillion yen, marking a 15% rise year-over-year, exceeding the estimate of 965.53 billion yen.
  • For the year 2025, Toyota Industries forecasts operating income to be 250.00 billion yen, lower than the estimate of 265.86 billion yen.
  • The 2025 forecast for net income is 260.00 billion yen, compared to the estimate of 278.57 billion yen.
  • Toyota Industries expects net sales of 3.90 trillion yen in 2025, below the estimate of 4.01 trillion yen.
  • The company projects a dividend of 280.00 yen, slightly above the estimate of 278.67 yen.
  • Current analyst ratings include 5 buys, 11 holds, and 0 sells for Toyota Industries.

Toyota Industries on Smartkarma

Analyst coverage of Toyota Industries on Smartkarma indicates a bearish sentiment, with Travis Lundy highlighting concerns about the company’s valuation and recent developments. In the report titled “Toyota Industries (6201) – TMC’s Sale of TI Shares Is Innocuous, TI’s Valuation Remains Uncompelling,” Lundy discusses the ongoing buyback program by Toyota Industries and the potential impact of overhang selling. The report points out a significant selldown of Toyota Industries shares by Denso Corp, signaling a shift in intra-group relations within the Toyota Motor Group.

In another report by Travis Lundy titled “Denso’s Big Multi-Year Toyota Industries (6201) Selldown,” the focus is on Denso’s announcement of a multi-year selldown of Toyota Industries shares, expressing disappointment over the lack of sizable buybacks and offerings to attract new investors. Lundy emphasizes that despite perceptions of cheapness, Toyota Industries (6201 JP) faces challenges in maintaining shareholder value amidst ongoing selling pressure from cross-holders. These insights on Smartkarma offer valuable analysis for investors assessing Toyota Industries‘ prospects.


A look at Toyota Industries Smart Scores

FactorScoreMagnitude
Value5
Dividend3
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

Toyota Industries Corporation, a key player in the Toyota Motor Group, has solid prospects for the long term as per Smartkarma Smart Scores. With top marks in Value and strong scores in Growth, the company showcases resilience in the face of market challenges. While the Dividend and Momentum scores are moderate, the overall outlook appears positive for Toyota Industries.

As a leading assembler of motor vehicles and manufacturer of automotive parts within the Toyota group, Toyota Industries diversifies its operations across industrial equipment, textile machinery, and electronic devices. These factors combined with its impressive Smart Scores position the company well for sustained growth and stability in the future.


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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Sumber Alfaria Trijaya Tbk Pt (AMRT) Earnings: 1H Net Income Surges to 1.79T Rupiah, Up 11% Y/Y

By | Earnings Alerts





Investment Summary

  • Net Income: 1.79 trillion rupiah, up 11% year-over-year.
  • Net Revenue: 59.22 trillion rupiah, a 10% increase compared to the previous year.
  • Earnings Per Share (EPS): 43.21 rupiah, up from 38.84 rupiah year-over-year.
  • Analyst Ratings: 19 buy recommendations, 1 hold, and no sell recommendations.



Sumber Alfaria Trijaya Tbk Pt on Smartkarma



Analyst coverage on Sumber Alfaria Trijaya Tbk Pt by Angus Mackintosh on Smartkarma reveals positive insights into the company’s growth prospects and competitive stance. In the report titled “Sumber Alfaria Trijaya (AMRT IJ) – About Competition and Initiatives,” Mackintosh highlights a confirmed positive growth outlook for the upcoming year, despite a slower store build-out. The company’s strategy includes a focus on optimizing existing stores, opening new outlets, and expanding into outer islands, supported by new distribution centers. Valuations are deemed reasonable, reflecting a bullish sentiment.

In his follow-up analysis titled “Sumber Alfaria Trijaya (AMRT IJ) – Solidifying Growth Prospects,” Mackintosh notes that Alfamart’s resilience was evident in its solid 1Q2024 results, emphasizing the winning streak of minimarkets in Indonesia. Despite a planned slowdown in store openings for the current year, growth prospects remain positive, with profitability intact. The company’s 25% Return on Equity (ROE) underlines its strong performance and competitive positioning in the market, indicating bullish sentiments towards Sumber Alfaria Trijaya Tbk Pt.



A look at Sumber Alfaria Trijaya Tbk Pt Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
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

According to Smartkarma Smart Scores, Sumber Alfaria Trijaya Tbk Pt shows a promising long-term outlook. With strong scores in Growth, Resilience, and Momentum, the company seems well-positioned for future success. The company operates a chain of retail supermarkets, indicating a stable business model with potential for expansion and development.

Although the Value and Dividend scores are not as high, the overall positive outlook in Growth, Resilience, and Momentum suggests that Sumber Alfaria Trijaya Tbk Pt may be an attractive investment option for those looking for potential growth and stability 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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Daito Trust Construct (1878) Earnings: 1Q Operating Income Surges 40%, Beating Estimates

By | Earnings Alerts
  • Operating Income: 33.87 billion yen, up 40% year-over-year, beating the estimate of 26.37 billion yen.
  • Net Income: 24.28 billion yen, up 31% year-over-year, above the estimate of 19.11 billion yen.
  • Net Sales: 445.14 billion yen, up 9.1% year-over-year, surpassing the estimate of 433.33 billion yen.
  • First Half Forecast:
    • Net income forecast at 39.00 billion yen, slightly below the estimate of 40.61 billion yen.
    • Operating income forecast at 56.00 billion yen, marginally under the estimate of 56.43 billion yen.
    • Net sales forecast at 890.00 billion yen, higher than the estimate of 865 billion yen.
  • 2025 Year Forecast:
    • Operating income projected at 110.00 billion yen, just under the estimate of 115.07 billion yen.
    • Net income projected at 76.00 billion yen, falling short of the estimate of 81.54 billion yen.
    • Net sales forecast at 1.82 trillion yen, matching the estimate.
    • Dividend forecast at 575.00 yen per share, below the estimate of 612.60 yen per share.
  • Analyst Ratings: 3 buys, 4 holds, 1 sell.
  • Comparisons to past results are based on values reported by the company’s original disclosures.

A look at Daito Trust Construct Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience5
Momentum3
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

DAITO TRUST CONSTRUCTION CO., LTD. operates building construction and real estate businesses by planning and constructing apartment and commercial buildings mainly for land owners. The company also offers brokerage and maintenance services. According to Smartkarma Smart Scores, Daito Trust Construct has a solid outlook with a high Resilience score of 5, indicating strong stability amidst market fluctuations. Additionally, the company scores well on Dividend with a score of 4, showcasing a strong dividend-paying capacity. While the Value score is moderate at 2, indicating a fair valuation, the Growth and Momentum scores stand at 3, suggesting potential for further development and market performance.


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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Denso Corp (6902) Earnings: FY Operating Income Forecast Cut, Misses Estimates

By | Earnings Alerts
  • Denso has cut its full-year operating income forecast to 692.00 billion yen, down from the initial 714.00 billion yen, missing the estimate of 720.66 billion yen.
  • The expected net income for the full year is 525.00 billion yen, slightly lower than the 526.00 billion yen initially forecasted, and below the estimate of 540.18 billion yen.
  • The projected net sales for the full-year amount to 7.33 trillion yen, down from the previously expected 7.35 trillion yen and missing the estimate of 7.43 trillion yen.
  • The company maintains its dividend forecast at 64.00 yen, just shy of the estimate of 64.61 yen.
  • In the first quarter, Denso reported an operating income of 120.57 billion yen, an increase of 28% year-over-year, but below the estimate of 124.53 billion yen.
  • First quarter net income was 94.46 billion yen, up 11% year-over-year, although it missed the estimate of 98.74 billion yen.
  • Net sales for the first quarter totaled 1.75 trillion yen, a 2.4% year-over-year increase, exceeding the estimate of 1.74 trillion yen.
  • Analysts’ recommendations for Denso include 14 buys, 6 holds, and 1 sell.

A look at Denso Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience3
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

Denso Corp, a prominent manufacturer of electronic parts for automobiles, demonstrates a promising long-term outlook based on the Smartkarma Smart Scores analysis. While the company received moderate ratings in areas like value and dividend, it excels in factors critical for sustained growth and resilience. With a high score in growth and solid ratings in resilience, Denso Corp appears well-positioned to capitalize on future opportunities and navigate potential challenges in the automotive industry.

Considering the company’s strong momentum and focus on innovation, Denso Corp seems poised for continued success in the long run. As a leader in producing essential automotive components such as air conditioners, airbags, and ignition systems, combined with its expansion into communication equipment for mobile navigation systems, Denso Corp‘s strategic diversification and commitment to growth bode well for its overall outlook in the years to come.


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 Joint Stock Commercial Bank For Industry and Trade (CTG) Earnings: 2Q Net Income Rises to 5.4T Dong, Y/Y Growth of 3.8%

By | Earnings Alerts
  • Vietinbank’s net income for the second quarter (2Q) of 2024 stood at 5.4 trillion dong, a 3.8% increase from the 5.2 trillion dong recorded in the same period last year.
  • For the first half (1H) of 2024, Vietinbank’s net income was 10.3 trillion dong, marking a 3% increase compared to the same period last year.
  • Net interest income for 2Q 2024 rose to 15.3 trillion dong, up from 12.8 trillion dong in the corresponding period last year.
  • Net interest income for 1H 2024 increased to 30.5 trillion dong, compared to 25.4 trillion dong in the same period of the previous year.
  • As of June 30, 2024, Vietinbank’s total assets were 2,164 trillion dong, compared to 2,032 trillion dong at the end of 2023.
  • Analyst ratings include 9 buys, 1 hold, and 0 sells.

A look at Vietnam Joint Stock Commercial Bank For Industry and Trade Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE2.6

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

In assessing the long-term outlook for Vietnam Joint Stock Commercial Bank For Industry and Trade, the Smartkarma Smart Scores paint a mixed picture. While the company scores well in Growth with a rating of 4, indicating strong potential for expansion and development, it falls short in other areas. Value is rated at 3, suggesting a moderately attractive valuation, while Resilience and Momentum score 2 and 3 respectively, highlighting areas for improvement in terms of stability and market momentum.

Despite the varying scores across different factors, Vietnam Joint Stock Commercial Bank For Industry and Trade remains a key player in the banking sector. Offering a range of services including corporate and consumer loans, insurance, and securities brokerage, the bank plays a vital role in the financial landscape of Vietnam. With a focus on growth opportunities, the company is positioned to capitalize on its strengths and address areas of weakness to drive 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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Bank for Foreign Trade of Vietnam (VCB) Earnings Surge in 2Q: 9.5% Growth Y/Y

By | Earnings Alerts
  • Vietcombank’s profit after tax for the second quarter of 2024 reached 8.1 trillion dong, a 9.5% increase compared to the same period last year (7.4 trillion dong).
  • For the first half of 2024, the profit after tax amounted to 16.7 trillion dong, marking a 1.8% rise from the previous year’s first half.
  • Total assets grew to 1,905 trillion dong as of June 30, 2024, up from 1,839 trillion dong at the end of 2023.
  • The second quarter earnings per share (EPS) increased to 1,453 dong per share, compared to 1,328 dong per share in the same period last year.
  • Analysts’ recommendations include 13 buys and 3 holds, with no sell recommendations.

Bank for Foreign Trade of Vietnam on Smartkarma

Analyst coverage on the Bank for Foreign Trade of Vietnam (VCB) on Smartkarma, an independent investment research network, includes insights from Mohshin Aziz. In his research report titled “Vietcombank (VCB VN Equity): Secondary Placement Offer, up to 2.4% Discount,” Aziz discusses the Vietnamese GLC stock offering of approximately 29 million shares at a discount, which will increase the free float to 8.4%. The secondary placement involves around 29 million shares through accelerated bookbuild, with a total offer size of approximately USD100 million. The discount ranges from 0-2.4% relative to the market close on July 9, depending on demand, and the free float is expected to rise by 0.5%.


A look at Bank for Foreign Trade of Vietnam Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE2.4

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

Bank for Foreign Trade of Vietnam, also known as Joint Stock Commercial Bank for Foreign Trade of Vietnam, shows a promising long-term outlook according to the Smartkarma Smart Scores. With a strong score in Growth and Momentum, the company demonstrates potential for expanding its operations and maintaining positive market performance. Their focus on providing banking services to individuals, corporates, and financial institutions both locally and internationally positions them well for future growth opportunities.

While the scores for Value, Dividend, and Resilience are not as high as Growth and Momentum, they still indicate a solid foundation and stability within the company. Overall, the Bank for Foreign Trade of Vietnam appears to be well-positioned for long-term success in the banking sector, leveraging its diverse range of banking products and services to drive continued growth and value for its stakeholders.


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 Dairy Products JSC (VNM) Earnings: 2Q Net Income Surges 21% to 2.67T Dong

By | Earnings Alerts
  • Vinamilk’s net income for Q2 2024 is 2.67 trillion dong, which is a 21% increase from the same period last year.
  • Revenue for Q2 2024 is 16.7 trillion dong, reflecting a 9.9% increase year-over-year.
  • For the first half of 2024, Vinamilk’s revenue is 30.8 trillion dong, up by 5.8% compared to the first half of last year.
  • Net income for the first half of 2024 stands at 4.86 trillion dong, marking a 20% increase year-over-year.
  • In Q2 2024, earnings per share (EPS) are 1,138 dong, compared to 934 dong per share during the same period last year.
  • EPS for the first half of 2024 rises to 2,082 dong per share, up from 1,731 dong per share in the first half of the previous year.
  • Analyst recommendations include 15 buys, 1 hold, and no sells.

A look at Vietnam Dairy Products JSC Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience5
Momentum3
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

Analysts at Smartkarma have evaluated Vietnam Dairy Products JSC using their Smart Scores system, which rates various aspects of the company’s outlook. Based on the scores provided, Vietnam Dairy Products JSC received a solid rating across the board. With high scores in Dividend and Resilience, indicating strong payouts to investors and a stable business model, respectively, the company seems well-positioned for the long term.

While there is room for improvement in Value and Growth scores, the overall momentum of Vietnam Dairy Products JSC is promising, suggesting potential for growth in the future. The company’s diverse product range, which includes dairy products, cookies, coffee, tea, and bottled water, provides a solid foundation for continued success 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars