Category

Earnings Alerts

Surpassing Expectations: Bilibili (BILI) Earnings Highlight Strong 1Q Net Revenue Growth

By | Earnings Alerts
  • Bilibili’s net revenue for the first quarter significantly beat estimates, reaching 5.66 billion yuan, a 12% year-on-year increase.
  • Estimated projections saw a net revenue of 5.61 billion yuan, making the actual figures a pleasant surprise.
  • Adjusted loss per share was down to 1.06 yuan compared to the previous year’s loss per share of 2.51 yuan, marking a significant recovery.
  • Despite estimates predicting the loss per share to sit at around 1.20 yuan, the actual values showed a better-than-expected outlook at 1.06 yuan.
  • Among the analysts providing insights on Bilibili’s performance, there were 28 buys, 15 holds, and only a single sell.

Bilibili on Smartkarma

Analyst coverage on Bilibili by Ying Pan on Smartkarma highlights concerns over the company’s performance in the gaming sector. Bilibili’s Q3 results were disappointing, attributed to ineffective investments in their game studio. The analysis indicates a bearish sentiment towards Bilibili’s game pipeline, citing market saturation in the ACGN sector with established competition. The SELL rating is maintained, with the price target lowered from US$12.3 to US$9.04. The report suggests that Bilibili may struggle to achieve profitability by 2024 based on current trends.


A look at Bilibili Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth3
Resilience5
Momentum5
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

Analysts at Smartkarma have given Bilibili Inc. a promising long-term outlook based on their Smart Scores assessment. Bilibili scored a 5 in Resilience and Momentum, indicating a strong ability to weather challenges and maintain positive growth momentum in the future. Additionally, the company received a 3 in Growth, suggesting potential for expansion and development in its market sector. While Value scored a 2 and Dividend scored a 1, showing some room for improvement in these areas, the overall outlook remains positive for Bilibili.

Bilibili Inc. is an online entertainment provider in China, known for its diverse platform spanning videos, live broadcasting, mobile games, animation, and comics. With a solid Resilience and Momentum rating, the company is positioned well to capitalize on growth opportunities and navigate future market fluctuations effectively, offering investors a promising prospect for long-term 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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Toronto Dominion Bank (TD) Surpasses 2Q Earnings Estimate: An In-Depth Look into Key Statistics and Figures

By | Earnings Alerts
  • TD Bank’s second quarter adjusted EPS (Earnings Per Share) has beaten estimates, scoring C$2.04 against a projected C$1.85.
  • The bank’s provision for credit losses amounted to C$1.07 billion, slightly higher than the estimated C$1 billion.
  • Common equity Tier 1 ratio stood a bit lower at 13.4% as compared to the estimated 13.5%.
  • TD Bank achieved a return on equity of 9.5% while the adjusted ROE turned out to be 14.5%, significantly higher than the estimated 13.2%.
  • The efficiency ratio of the bank was recorded at 60.8%.
  • Net income for this quarter was reported at C$2.56 billion.
  • Income from Canadian personal and commercial business reached C$1.74 billion while the U.S. Retail net income stood at C$580 million.
  • Wealth Management & Insurance recorded a net income of C$621 million whereas the Wholesale Banking net income was revealed to be C$361 million.
  • The bank’s total revenue for this quarter was C$13.82 billion.
  • Book value per share was sightly less than estimated, being C$57.69 against the estimated C$57.81.
  • Finally, the bank received 9 buys, 7 holds and 2 sells from analysts.

A look at Toronto Dominion Bank Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience2
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

According to Smartkarma Smart Scores, the long-term outlook for Toronto Dominion Bank appears promising. With high scores in Value and Dividend at 4 each, the bank showcases strong fundamentals and a commitment to rewarding its shareholders. This indicates a stable financial position and a focus on generating returns for investors through dividends.

While the Growth score is slightly lower at 3, indicating moderate growth prospects, the bank has scores of 2 in Resilience and 3 in Momentum. This suggests a need for potential improvements in withstanding economic downturns and seizing opportunities to enhance performance in the market. Overall, The Toronto-Dominion Bank holds a diversified business offering banking services nationally and internationally, catering to various clients and sectors.


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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YTL Corp (YTL) Earnings: Stellar 3Q Net Income of 496.2M Ringgit, Strong Buy Guidance

By | Earnings Alerts
  • YTL’s net income for the 3rd quarter is reported at 496.2M Ringgit
  • The company’s total revenue during this period is 7.21 billion Ringgit
  • YTL has an Earnings Per Share (EPS) of 4.530 sen
  • The current rating for YTL stocks is 3 buys, with 0 holds or sells

YTL Corp on Smartkarma

On Smartkarma, independent analyst Brian Freitas has provided valuable insight on YTL Corp, a company under scrutiny for potential passive flows in February. In his report “Southeast Asia EM: Potential Passive Flows in February,” Freitas discusses the impacts of changes in market cap and free float cap on global passive trackers. He notes that YTL Corp (YTL MK) is likely to experience passive inflows, along with YTL Power International (YTLP MK). Conversely, companies like Dialog Group (DLG MK), Berli Jucker (BJC TB), Osotspa Public Company Limited (OSP TB), and Banpu Public (BANPU TB) may face passive outflows. The analysis sheds light on the significance of upcoming passive flows for these Malaysian and Thai stocks.


A look at YTL Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience2
Momentum5
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

YTL Corporation Berhad, an investment holding and management company, is positioned for a promising long-term future according to Smartkarma Smart Scores analysis. With a stellar score in Growth and Momentum, the company demonstrates strong potential for expansion and market performance. This suggests that YTL Corp is well-positioned to capitalize on growth opportunities and maintain upward momentum in the market.

Despite moderate scores in Value, Dividend, and Resilience, the significant strengths in Growth and Momentum indicate a positive outlook for YTL Corp in the long term. The company’s diversified operations in infrastructure development, construction, property development, power generation, and hotel management provide a solid foundation for sustained growth and performance 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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KE Holdings Reports On-Target Revenues and Market Adaptability in Q1 Earnings Report Despite Declining Housing Market

By | Earnings Alerts

• KE Holdings’ net revenue for 1Q was 16.38 billion yuan, which is a 19% year over year decline. However, it meets the estimated net revenue of 16.27 billion yuan.

• The EPS was valued at 12 RMB cents.

• Adjusted earnings per American depositary receipts is 1.18 yuan. This is lower compared to the 2.92 yuan of the same period the previous year. The estimate was 74 RMB cents.

• There was a significant decrease in the 1Q gross transaction value by 35.2% from the previous year bringing it down to RMB629.9 billion.

• An increase in the number of stores was observed by 7.1% compared to one year ago. As of March 31, 2024, the number was 44,216.

• They have advanced their “one body, three wings” strategy to adapt to the changing market conditions.

• Mr. Tao Xu, the CFO of Beike pointed out a year-over-year decline in the housing market in the first quarter. This was attributed to the high performance of the previous year due to a surge in demand prompted by the pandemic.

• Current market opinion stands at 21 buys, 1 hold, and 1 sell.


A look at KE Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience5
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

KE Holdings Inc., a leading player in the housing transactions industry, has garnered strong ratings across key factors according to Smartkarma Smart Scores. With top scores in Growth, Resilience, and Momentum, the company is positioned for long-term success. Its robust performance in these areas underscores the promising future outlook for KE Holdings.

Investors can take confidence in the company’s solid performance across Value, Dividend, and its impressive scores in Growth, Resilience, and Momentum. With a significant emphasis on innovation and adaptability in the housing market, KE Holdings stands out as a favorable investment choice for those seeking long-term growth potential.


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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Earnings Update: YTL Power International (YTLP) Reports 3Q Net Income of 698.7M Ringgit

By | Earnings Alerts
  • YTL Power’s net income for the third quarter was 698.7 million ringgit.
  • The company’s revenue for the same quarter stood at 5.16 billion ringgit.
  • Earnings per share (EPS) was marked at 8.620 sen.
  • The stock was rated favorably with 12 buys, 1 hold, and no sells.

A look at YTL Power International Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience2
Momentum5
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

YTL Power International Berhad, an investment holding company that offers administrative and technical support services, is poised for a promising long-term outlook based on Smartkarma Smart Scores. With strong scores in Growth and Momentum, the company demonstrates potential for future expansion and sustained positive stock performance. The high Growth score reflects the company’s ability to increase its earnings and expand its operations, while the Momentum score indicates positive trends in the stock price. While scores for Value, Dividend, and Resilience are not as high, the overall outlook for YTL Power International appears optimistic.

With a focus on developing, constructing, maintaining, and operating power stations such as the Paka Power Station in Terengganu and Pasir Gudang Power Station in Johor, YTL Power International maintains a strategic position in the energy sector. Investors may find the company attractive for its growth potential and positive momentum, as indicated by the Smartkarma Smart Scores. While considerations such as value, dividend yield, and resilience warrant attention, the strong scores in Growth and Momentum suggest a potentially bright future for YTL Power International in the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Xiaomi Corp (1810) Outperforms Estimates: Comprehensive Analysis of 1Q Earnings

By | Earnings Alerts
  • Xiaomi’s first-quarter revenue surpassed estimates, reaching 75.51 billion yuan against an estimated 73.54 billion yuan.
  • The revenue from smartphones was 46.48 billion yuan. The estimated revenue was a little less, at 45.05 billion yuan.
  • IoT and lifestyle products generated 20.37 billion yuan, topping the estimated 19.66 billion yuan.
  • The internet services segment wasn’t left behind, earning 8.05 billion yuan in revenue against the estimated 7.7 billion yuan.
  • However, the operating profit was 3.68 billion yuan, which was lesser than the estimated 5.07 billion yuan.
  • Net income hit 4.18 billion yuan, slightly above the estimated 4.07 billion yuan.
  • The adjusted net income was 6.49 billion yuan. This figure surpassed the estimated 5.13 billion yuan significantly.
  • The gross margin was at 22.3%, a percentage point more than the estimated 21.3%.
  • The capital expenditure was significantly high at 2.34 billion yuan compared to the estimated 1.59 billion yuan.
  • The smartphones had an average selling price of 1,145 yuan that exceeded the estimated average selling price of 1,111 yuan.
  • According to available ratings, Xiaomi has 31 buys, 6 holds and only 1 sell.

Xiaomi Corp on Smartkarma

Analysts on Smartkarma have provided bullish coverage of Xiaomi Corp, with Eric Wen highlighting the company’s positive Investor Day surprises in guidance and deliveries. Wen raised the EV profitability estimates and expects Xiaomi’s market share to expand, especially with its entry into SUVs.

Ming Lu‘s research also reflects favorably on Xiaomi, noting rapid shipment growth in the first quarter and encouraging financial results despite market challenges. Trung Nguyen‘s analysis of Xiaomi Corp‘s FY 2023 results showcases the company’s improved profitability, healthy balance sheet, and strong positioning for future growth, particularly in the smart EV market. Overall, analysts on Smartkarma seem optimistic about Xiaomi’s performance and potential in the market.


A look at Xiaomi Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience5
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts from Smartkarma have evaluated Xiaomi Corporation’s long-term outlook using their Smart Scores system. The company has received a solid score of 3 for both Value and Growth, indicating a positive outlook in terms of the company’s value and potential growth opportunities. With a high score of 5 in Resilience, Xiaomi is deemed to be well-positioned to weather market fluctuations and economic challenges. Additionally, the company scored a perfect 5 in Momentum, suggesting strong upward movement and market confidence in Xiaomi’s future prospects.

Xiaomi Corporation, a leading manufacturer of communication equipment and mobile devices, has been recognized for its strong resilience and growth potential in the market. While the company’s dividend score is lower at 1, the overall outlook for Xiaomi remains promising, driven by its value, growth prospects, and robust momentum. Xiaomi’s global presence and diverse product range position it well for continued success in the competitive technology 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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UNO Minda (UNOMINDA) 4Q Earnings Soar; Beats Estimates with 58% Yearly Increase

By | Earnings Alerts

UNO Minda Ltd reported a Net income of 2.89 billion rupees for the 4th Quarter, an increase of 58% year on year (y/y), beating the estimated 2.35 billion rupees.

• The Revenue was 37.9 billion rupees, marking an increase of 31% y/y and just slightly above the estimate of 37.6 billion rupees.

• Total costs incurred by the company escalated to 35 billion rupees, up by 30% y/y.

• Finance costs rose to 319.9 million rupees, a 53% increase y/y, surpassing the estimated 286.1 million rupees.

• The company reported a pretax profit of 3.87 billion rupees, a sharp increase of 65% y/y, significantly higher than the estimate of 2.79 billion rupees.

• Dividend per share was declared at 1.35 rupees.

• In recent corporate actions, Minda approved fund raising worth 20 billion rupees.

• The company also announced acquisition of 1.97% stake of Toyoda Gosei Minda India.

• A decision was made for the expansion of Aw2w Plant at Ahmednagar.

• Minda approved the purchase of a 49% stake in Minda Nabtesco.

• Following these developments, shares rose 6.9% to 810.10 rupees on 677,418 shares traded.

• The current opinions of the market include 13 buys, 3 holds, and 1 sell.


A look at UNO Minda Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
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

UNO Minda Limited, a company that designs and manufactures auto components, is positioned for long-term growth. Smartkarma’s Smart Scores reveal a bright outlook for the company, with a strong score of 5 for Growth indicating substantial potential in this aspect. With a Momentum score of 4, UNO Minda is showing positive market momentum that could translate into sustained performance. Additionally, the company has received moderate scores for Value at 2, Dividend at 2, and Resilience at 3, suggesting a solid overall standing that aligns with its growth prospects.

UNO Minda‘s diverse range of products, including alternate fuel systems, brake hoses, and alloy wheels, cater to a global customer base. This broad scope of offerings positions the company well for continued success. As UNO Minda focuses on driving growth and maintaining market momentum, investors may find the company’s overall outlook appealing for long-term investment opportunities.


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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ITC Ltd (ITC) Earnings: 4Q Net Income Misses Estimates Despite Revenue Boosts in Core Sectors

By | Earnings Alerts
  • ITC Ltd reported a 4th-quarter net income of 50.2 billion rupees, marking a 1.4% decrease year-over-year (y/y) and falling short of the estimated 51.5 billion rupees.
  • Revenue stood at 177.5 billion rupees, up by 1.4% y/y and surpassing the forecasted 171.91 billion rupees.
  • Cigarettes revenue was 79.2 billion rupees, up by 7.6% y/y, beating the estimated 77.38 billion rupees.
  • Fast-Moving Consumer Goods (FMCG) revenue, excluding cigarettes, amounted to 53 billion rupees, up by 7.3% y/y, slightly below the estimated 53.45 billion rupees.
  • Hotel revenue was 8.98 billion rupees, marking a significant 15% y/y rise and slightly exceeding the estimate of 8.92 billion rupees.
  • Agriculture business revenue stood at 31 billion rupees, down by 13% y/y and falling below the estimated 36.08 billion rupees.
  • Paper business revenue was 20.7 billion rupees, down by 6.8% y/y and below the estimated 21.29 billion rupees.
  • Total costs were 120.2 billion rupees, a 2.5% increase y/y.
  • Raw material costs were significantly lower than estimated: 53.9 billion rupees versus the estimated 75.43 billion rupees.
  • Other income totaled 7.99 billion rupees, a 7.1% y/y increase.
  • Dividend per share was set at 7.50 rupees.
  • Regarding the company’s investment ratings, there were 35 buys, 2 holds, and 1 sell.

ITC Ltd on Smartkarma

Analysts on Smartkarma, an independent investment research network, have been closely monitoring ITC Ltd. According to Sumeet Singh‘s bullish insights, a recent $2 billion block placement for ITC Ltd was relatively quiet after a flurry of placements in the prior week. The deal, well-flagged and large, involved BAT selling 3.5% of ITC. Singh’s analysis delves into the dynamics of the deal and its potential impact.

However, not all analysts share the same optimism. Another report by Brian Freitas, leaning bearish, discusses the impact of British American Tobacco’s potential stake sale in ITC. BAT aims to monetize part of its 29% stake while keeping at least 25%. The uncertainty surrounding the timeline and the minimal buying from passive trackers could lead to increased stock pressure. This contrasting sentiment presents investors with a range of perspectives to consider regarding the future of ITC Ltd.


A look at ITC Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
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

ITC Ltd, a prominent member of the BAT Group of UK, covers a wide range of industries including Cigarettes, Hotels, Paperboards & Specialty Papers, Packaging, Agri Business, Packaged Foods & Confectionery, Branded Apparel, Greeting Cards, and other FMCG products. With a strong standing in the market, ITC Ltd displays a solid outlook for the future, scoring high in key areas. Notably, the company excels in Dividend and Resilience, demonstrating its commitment to providing returns to shareholders and its ability to withstand market challenges.

Furthermore, ITC Ltd shows encouraging signs in its overall performance, with a positive outlook reflected in its scores for Growth and Momentum. While there might be room for improvement in terms of Value, the company’s significant strengths in other crucial aspects bode well for its long-term prospects. As highlighted by the Smartkarma Smart Scores, ITC Ltd appears well-positioned to continue its success and maintain a resilient stance 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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NetEase Inc (NTES) Earnings Report: 1Q Revenue Meets Estimates Across Diverse Sectors

By | Earnings Alerts
  • Netease reported a 1Q revenue of 26.85 billion yuan, meeting estimated values.
  • Games and related services generated a revenue of 21.46 billion yuan, slightly below the predicted 21.56 billion yuan.
  • The profit from games and related services was 14.91 billion yuan, slightly above the estimated 14.8 billion yuan.
  • Netease’s Innovative Businesses and Others had a net revenue of 1.97 billion yuan, close to the estimated figure of 2 billion yuan.
  • Youdao’s net revenue was a bit higher than estimated, coming in at 1.39 billion yuan against the estimated 1.33 billion yuan.
  • Netease’s Cloud Music service generated a revenue of 2.03 billion yuan, slightly above the estimated value of 2 billion yuan.
  • Gross profit for the quarter hit 17.02 billion yuan, outshining the estimated 16.59 billion yuan.
  • Games and related services had a gross profit margin of 69.5%, slightly higher than the estimated 68.9%.
  • Youdao’s gross profit margin came in at 49%, just below the estimated 49.4%.
  • Cloud Music significantly exceeded estimated gross profit margin, reaching 38% against an estimated 26.6%.
  • Innovative Businesses & Others also exceeded estimated gross profit margin, achieving 33.4% against an estimated 24.6%.
  • However, Netease’s shares fell by 2% in pre-market trading
  • Out of 37 opinions, 36 advise to buy while one suggests to hold and none to sell.

NetEase Inc on Smartkarma

On Smartkarma, independent analyst Ying Pan has recently provided bullish coverage on NetEase Inc. According to reports titled “Strong Games Pipelines Offering More Potentials” and “Strong In-House Game Performance Drives Margins,” Ying Pan highlights the positive outlook for NetEase. In the first report, NetEase’s mixed Q4 results are noted, with a particular focus on the accelerated launch of Naraka Mobile, leading to a raised price target of US$122. The second report emphasizes NetEase’s strong revenue growth in C4Q23, driven by games like Justice Mobile and a strategic focus on low-price legacy titles, resulting in an increased target price of US$118.


A look at NetEase Inc Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience5
Momentum5
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

NetEase Inc, a prominent Internet technology company in China, has received impressive Smartkarma Smart Scores across various categories. With a stellar rating in Growth, Resilience, and Momentum, the company seems poised for long-term success. Its strong focus on innovation and adapting to market dynamics bodes well for future expansion and profitability.

NetEase Inc‘s solid Dividend score further enhances its attractiveness to investors seeking stable returns. While the Value score may not be the highest, the overall outlook for the company appears promising. With a diverse portfolio of services including online gaming, advertising, and e-commerce, NetEase Inc demonstrates versatility and a strong competitive edge in the digital 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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Aviva’s 1Q Earnings: Solvency II Matches Estimates and Own Funds Generation Promise

By | Earnings Alerts
  • Aviva’s Solvency II in the first quarter (1Q) matches estimates at 206% (year-on-year up from 196%).
  • The company remains confident in meeting the Group targets which include Β£2 billion of operational profit by 2026.
  • Furthermore, Aviva plans to generate Β£1.8 billion Solvency II own funds by 2026.
  • The business also projects more than Β£5.8 billion cash remittances cumulative from 2024 to 2026.
  • Numbers for 1Q are promising, with General Insurance premiums showing a 16% increase up to Β£2.7 billion.
  • Wealth net flows have also increased by 15%, matching the General Insurance premiums at Β£2.7 billion.
  • Analysts’ ratings on Aviva are favorable: there are 12 buys, 5 holds, and 2 sells.

A look at Aviva Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth5
Resilience5
Momentum4
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

Aviva PLC, an international insurance company offering a wide range of general and life assurance services, has been assigned a set of Smart Scores indicating its overall outlook. With strong ratings in Dividend, Growth, Resilience, and Momentum, Aviva is positioned well for long-term success. The company excels in providing consistent dividends to its shareholders and shows promising growth potential, supported by its resilient business model and positive momentum in the market.

Overall, Aviva’s solid performance across key factors like Dividend, Growth, Resilience, and Momentum underscores its strength and stability in the insurance industry. Investors looking for a reliable and growing company may find Aviva an attractive long-term investment option based on the Smartkarma Smart Scores assessment.


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

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

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