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Earnings Alerts

Uber Technologies (UBER) Earnings: 1Q Gross Bookings Meet Estimates, Revenue Surpasses Expectations

By | Earnings Alerts
  • Uber’s gross bookings for 1Q 2024 hit $37.65 billion, marking a 20% year-over-year (y/y) increase, marginally missing the estimate of $37.97 billion.
  • Mobility bookings were $18.67 billion, up 25% from the previous year, slightly below the estimated $19.15 billion.
  • There was a surge in delivery bookings, with a total of $17.70 billion, up by 18% y/y, surpassing the estimate of $17.54 billion.
  • Freight bookings, however, showed a downward trend, declining 8.5% y/y to $1.28 billion, which meets the estimate.
  • Uber’s revenue for the quarter was $10.13 billion, a 15% y/y increase, marginally beating the estimate of $10.11 billion.
  • The Adjusted EBITDA stood at $1.38 billion, marking an impressive growth of 82% y/y, overtaking the estimated $1.32 billion.
  • Uber reported a net loss of $654 million, considerably higher than the previous year’s loss of $157 million.
  • Trips reached 2.57 billion, a 21% increase from the previous year, narrowly missing the estimated 2.60 billion.
  • The number of monthly active platform consumers increased by 15%, reaching 149 million.
  • Uber’s second-quarter forecast sees gross bookings between $38.75 billion and $40.25 billion, and adjusted Ebitda between $1.45 billion and $1.53 billion.
  • Uber’s multi-year growth framework is on track, with audience and frequency increasing by 15% and 6% respectively during 1Q.
  • Uber has started a collaboration with Tesla to accelerate the shift to electric vehicles, offering incentives to Uber drivers for purchasing certain Tesla models.
  • Uber remains on a clear and dedicated path towards achieving an investment-grade credit rating, underlining its focus on capital structure.

Uber Technologies on Smartkarma

Analysts on Smartkarma are bullish on Uber Technologies, with Baptista Research highlighting the company’s strong performance in Q4, showcasing a 24% year-on-year trip growth that outpaced gross bookings growth for the fourth consecutive quarter. In another report, Baptista Research noted Uber’s acceleration in user engagement and frequency, exceeding earnings expectations and achieving an adjusted EBITDA margin surpassing 3%, signaling positive growth prospects. Brian Freitas discussed Uber’s inclusion in the S&P 500 INDEX, estimating around US$18bn of purchases by passive index trackers, further emphasizing investor interest in the company.

These reports underscore Uber’s ability to drive new audiences, enhance user experience, and deliver profitable growth, positioning the company favorably in the market. Analyst sentiment remains optimistic regarding Uber’s trajectory, with a focus on its increasing user engagement, profitability, and strategic market positioning.


A look at Uber Technologies Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.0

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

Uber Technologies Inc, a prominent player in the ride-hailing industry, is poised for a positive long-term outlook based on the Smartkarma Smart Scores. With a strong score of 4 in Growth and an impressive Momentum score of 5, the company appears to be on a path towards significant expansion and continued success in the future. Additionally, Uber Technologies demonstrates resilience with a score of 3, indicating its ability to withstand market challenges.

While the company may have room for improvement in terms of its Value and Dividend scores, the high ratings in Growth and Momentum suggest that Uber Technologies has the potential for continued growth and innovation in the ride-hailing sector. With its global reach and focus on developing cutting-edge transportation solutions, Uber Technologies is well-positioned to capitalize on emerging opportunities and solidify its position 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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Exploring Nisource Inc (NI) Earnings: 1Q Operating EPS Surpasses Estimates, Annual Growth Reaffirmed

By | Earnings Alerts
  • NiSource reported 1Q earnings per share (EPS) at 77c.
  • The company’s adjusted net operating EPS increased to 85c from 77c year-over-year, beating the estimate of 83c.
  • NiSource continues to expect its adjusted net operating EPS for the year to be between $1.70 and $1.74, aligning with the estimated forecast of $1.72.
  • The company reaffirm its annual adjusted EPS growth of 6-8% for the years 2023-2028.
  • The firm is favored by analysts with 12 buys, 1 hold, and 0 sells.

A look at Nisource Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience2
Momentum4
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

As per the Smartkarma Smart Scores, Nisource Inc shows a promising long-term outlook based on its strong performance across various key factors. With a high Growth score of 5, the company is well-positioned for future expansion and development in the energy sector. Complementing this, its Dividend score of 4 reflects a stable and attractive dividend payout to investors, indicating solid financial health and potential returns.

While Nisource Inc may face some challenges in terms of Resilience with a score of 2, its overall Momentum score of 4 suggests positive market momentum and investor interest. Coupled with a Value score of 3, indicating a reasonable valuation, Nisource Inc stands as a solid contender in the energy market, showcasing a balanced outlook for investors seeking growth and stability in their portfolios.


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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Analysis of PTT Oil & Retail Business Earnings: 1Q Net Income Hits 3.72B Baht

By | Earnings Alerts
  • PTT Oil & Retail reports a net income of 3.72 billion baht for the first quarter.
  • Reported Earnings Per Share (EPS) stands at 0.31 baht.
  • The market reacted with 11 buys, 9 holds, and 4 sells to the company’s performance.

A look at PTT Oil & Retail Business Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience5
Momentum4
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

Analysts foresee a positive long-term outlook for PTT Oil & Retail Business as evaluated by Smartkarma Smart Scores. With solid scores in Growth, Resilience, and Momentum, the company is positioned well for future success. The high scores in Growth and Momentum indicate strong potential for expansion and positive market performance. Moreover, the top score in Resilience reflects the company’s ability to weather economic uncertainties and volatility effectively. While Value and Dividend scores are not as high, the overall outlook remains optimistic due to the strengths in growth prospects and market resilience.

PTT Oil & Retail Business Public Company Limited, a distributor of petroleum products in Thailand, presents a promising overall outlook based on a comprehensive evaluation of its key factors. The company provides a range of oil, gas, fuels, LPG, lubricants, and related products to its customer base. Smartkarma Smart Scores highlight the company’s strong performance in growth potential, market resilience, and momentum, signaling a robust foundation for future success in the competitive oil and retail industry. Investors may find PTT Oil & Retail Business an attractive opportunity for long-term growth and stability within the 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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BeiGene (BGNE) Earnings Surpass Estimates, Notching Up 68% YoY Revenue Increase in Q1

By | Earnings Alerts
  • BeiGene’s revenue for Q1 exceeded estimates, generating $751.7 million which is a 68% increase year on year.
  • Product revenue was also above the prediction at $746.9 million, increasing by a substantial 82% year on year.
  • However, collaboration revenue underperformed, realised at $4.73 million against an estimated $9.33 million.
  • The company saw a healthy gross margin of 83%.
  • Whilst R&D expenses were lower than anticipated at $460.6 million, up just 13% year on year, against an estimate of $467.4 million.
  • SG&A expense came in over the estimate at $427.4 million, against the $410.1 million estimate.
  • Loss per share has improved year on year, with a loss of 19 cents per share this year compared to last year’s loss of 26 cents per share.
  • Cash, cash equivalents, restricted cash and short-term investments amounted to $2.81 billion, unfortunately a decrease of 27% year on year.
  • Notably, there were 19 buys and 2 holds, with 0 sales.

A look at BeiGene Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience5
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

BeiGene, a commercial stage biopharmaceutical company, is positioned positively for long-term growth according to Smartkarma Smart Scores. With a strong growth score of 4 and top marks in resilience with a score of 5, BeiGene appears well-equipped to thrive in the biopharmaceutical industry. The company’s focus on the discovery, development, and commercialization of cancer treatment drugs aligns with market demand, contributing to its high resilience score.

While BeiGene may not offer significant dividends currently, its overall outlook remains promising with momentum and value scores that indicate stability and potential for future value appreciation. The company’s commitment to advancing molecularly targeted and immuno-oncology treatments positions it as a key player in the global effort to combat cancer and improve patient outcomes.


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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Intouch Holdings (INTUCH) Posts Stellar 1Q Earnings: Net Income Hits 3.26B Baht with EPS of 1.02 Baht

By | Earnings Alerts
  • Intouch’s net income for the first quarter stands at 3.26 billion Baht.
  • The Earnings Per Share (EPS) is reported to be 1.02 Baht.
  • Analysts’ consensus on Intouch’s shares indicates 7 buys, 3 holds and 1 sell.

A look at Intouch Holdings Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience4
Momentum4
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

Intouch Holdings Public Company Limited, a diversified telecommunication and media holding company, is positioned for a promising long-term outlook according to Smartkarma Smart Scores. With strong scores in Dividends, Growth, Resilience, and Momentum, Intouch Holdings demonstrates solid potential across key factors essential for sustained success in the market.

Backed by a portfolio of investments in television broadcasting, cellular phone, and wireless services, Intouch Holdings is well-equipped to capitalize on growth opportunities and deliver consistent value to its shareholders. The company’s robust performance in key areas highlights its resilience in the face of market fluctuations, paving the way for continued momentum and sustainable growth 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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Guangzhou Automobile Group (2238) Earnings Analysis: April Vehicle Sales Show a Decrease of 25% Y/Y

By | Earnings Alerts
  • Guangzhou Auto reported vehicle sales of 133,313 units in April, which marks a 25% decline year-over-year (y/y).
  • The company experienced a significant 41% decrease in New Energy Vehicle (NEV) sales y/y, selling only 27,345 units this April.
  • Presently, Guangzhou Auto has received more buy recommendations than hold, with 18 buys and 7 holds, respectively. Notably, no sell recommendations have been made.
  • The comparisons drawn here are based solely on the values reported by the company in their original disclosures.

Guangzhou Automobile Group on Smartkarma

Analyst coverage of Guangzhou Automobile Group on Smartkarma by Travis Lundy has provided valuable insights for investors. In his report titled “A/H Premium Tracker (To 12 Apr 2024)”, Lundy highlights the significant bounce-back of “the right trades” and the strong performance of the Quiddity Portfolio, with AH premia remaining high but expected to decrease. The report includes detailed tables, charts, and measures for tracking A/H premium positioning and market trends, offering a comprehensive analysis of the company’s performance.

In another report by Travis Lundy, “A/H Premium Tracker (To 22 Dec 23)”, he emphasizes the underperformance of large cap and liquid Hs in H/A pairs compared to As, particularly influenced by gaming news. The report advises staying long on Hs versus As as liquid Hs with H/A pairs have shown consistent outperformance. Lundy’s analysis provides valuable insights for investors looking to navigate the market and make informed decisions regarding Guangzhou Automobile Group.


A look at Guangzhou Automobile Group Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience4
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

Guangzhou Automobile Group Company, Ltd. is positioned for a promising long-term outlook based on its Smartkarma Smart Scores. With a top score of 5 in both Value and Dividend factors, the company is perceived favorably in terms of its financial health and dividend payout. This indicates that investors can potentially benefit from the company’s solid value proposition and attractive dividend yield. Additionally, Guangzhou Automobile Group receives a commendable score of 4 in Growth, Resilience, and Momentum, suggesting a positive trajectory in its business growth, ability to withstand economic challenges, and market momentum.

As a manufacturer, seller, and service provider in the automobile industry, Guangzhou Automobile Group also diversifies its operations into areas such as automobile parts, components, and auto finance services. This broad market presence and range of services contribute to the company’s overall resilience and growth potential. The combination of strong value, dividend yield, and growth prospects positions Guangzhou Automobile Group as an appealing investment opportunity for investors seeking long-term stability and potential returns in the automotive 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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Formosa Plastics (1301) Earnings Report: 2Q Net Income Falls Short of Estimates

By | Earnings Alerts
  • Formosa Plastics reported a 2Q net income of NT$220.9 million, falling short of the estimated NT$1.77 billion.
  • The company posted an operating loss of NT$1.45 billion, contrary to the expected profit of NT$2.23 billion.
  • The revenue stood at NT$48.11 billion, with it being lower than the estimated NT$51.59 billion.
  • The Earnings per Share (EPS) is calculated at NT$0.030, much less than the anticipated NT$0.32.
  • Pertaining to investment ratings, the company has received 1 ‘buy’ rating, 8 ‘hold’ ratings, and 3 ‘sell’ ratings.

A look at Formosa Plastics Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
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

Formosa Plastics Corporation, a company that manufactures a variety of plastics materials and chemical fiber products, has received high scores in Value and Dividend aspects, indicating strong metrics in these areas. The company’s robust performance in these categories suggests a positive long-term outlook for investors seeking value and dividends from their investments.

However, Formosa Plastics has lower scores in Growth, Resilience, and Momentum, which may imply challenges in these areas that could impact its future prospects. Investors should consider these factors alongside the company’s strong value and dividend profiles when assessing their investment decisions in Formosa Plastics.

Summary: Formosa Plastics Corporation is a manufacturer of PVC resins, high-density polyethylene, acrylic fiber, and other chemical products. The company has received high scores in Value and Dividend, but lower scores in Growth, Resilience, and Momentum, indicating a mixed outlook for investors.


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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Hero Motocorp (HMCL) Earnings Underwhelm in 4Q: Net Income Misses Estimated Targets

By | Earnings Alerts
  • Hero MotoCorp’s fourth-quarter net income rose 19% year-on-year but fell short of the estimated 10.48 billion rupees, recording 10.2 billion rupees instead.
  • Revenue projected a positive outlook as it increased by 15% year-on-year, surpassing the estimate of 94.01 billion rupees to reach 95.2 billion rupees.
  • Total costs for the quarter also saw an uptick, increasing by 13% year-on-year to 83.5 billion rupees.
  • Of the total costs, raw material costs accrued to 61 billion rupees, representing a 5.2% year-on-year increase.
  • Other incomes recorded a dip, decreasing by 24% year-on-year to settle at 1.8 billion rupees.
  • Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) showed an impressive increase of 25% year-on-year, exceeding the estimate of 13.23 billion rupees and ending at 13.59 billion rupees.
  • Dividends per share were marked at 40 rupees.
  • The company has received 25 buys, 7 holds, and 9 sells from shareholders.

A look at Hero Motocorp Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE4.0

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

Hero Motocorp, a leading motorcycle company, is positioned well for the long term based on the Smartkarma Smart Scores analysis. With strong scores in Dividend and Resilience, indicating a robust dividend payout and ability to weather market challenges, the company shows promise for consistent performance and stability. Additionally, a favorable Momentum score suggests positive trends in stock price movement, reflecting market enthusiasm for the company’s future prospects. While Value and Growth scores are moderate, the high scores in Dividend and Resilience affirm Hero Motocorp‘s solid foundation and potential for sustained success.

Hero Motocorp Ltd., a renowned motorcycle manufacturer, garners promising Smartkarma Smart Scores across key factors. Despite moderate ratings in Value and Growth, the company shines in Dividend and Resilience, showcasing its commitment to rewarding investors and ability to withstand economic fluctuations. Supported by a strong Momentum score, Hero Motocorp is likely to maintain its upward trajectory in the market. Overall, Hero Motocorp‘s focus on designing, manufacturing, and distributing motorcycles positions it favorably for long-term success, backed by its solid performance across the Smartkarma Smart Scores metrics.


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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Delta Electronics (2308) Earnings: April Sales Soar to NT$33.54B, Inspiring 21 Buys

By | Earnings Alerts
  • Delta Electronics reported sales of NT$33.54 billion in April.
  • The company’s sales have increased by 6.33%.
  • The market has shown great confidence in Delta Electronics with 21 buys, 2 holds, and 0 sells.

Delta Electronics on Smartkarma

Analyst coverage of Delta Electronics on Smartkarma highlights contrasting views on Delta Taiwan and Delta Thailand. Analyst Vincent Fernando, CFA, in the report “Delta Taiwan Vs. Thailand Monitor: Delta Taiwan Surges As New AI Play; But Shorts Amassing as Well,” discusses how Delta Taiwan’s AI power efficiency solutions showcased at NVIDIA Corp’s GTC Conference led to outperformance compared to Delta Thailand. However, concerns arise as short interest spiked for Delta Taiwan, signaling a potential overbought market driven by AI concept stock hype.

In another report by Vincent Fernando, CFA, titled “Delta Taiwan Vs. Thailand Monitor: EVENT: Imminent Earnings Release, Thailand Still Overvalued,” it is noted that Delta Thailand continues to be overvalued despite underperforming Delta Taiwan. The upcoming earnings release in Taiwan is expected to highlight Delta Taiwan as the superior stock with both companies sharing a similar growth profile. Delta Thailand’s higher valuation and potential share sale overhang pose challenges, signaling a preference towards Delta Taiwan for investors seeking a promising investment opportunity.


A look at Delta Electronics Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum4
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

Delta Electronics Inc. is well-positioned for long-term growth according to the Smartkarma Smart Scores. With a high Growth score of 4, the company is expected to expand its operations and revenue over time. Additionally, Delta Electronics demonstrates strong Resilience and Momentum with scores of 4 in both categories, indicating the company’s ability to weather market uncertainties and maintain a positive growth trajectory.

Although Delta Electronics may not score as high in Value and Dividend with scores of 2 and 3 respectively, its overall outlook remains positive due to its solid performance in growth-oriented and resilient factors. As a manufacturer of power supplies and video display products, Delta Electronics is poised to capitalize on its diverse product portfolio and technological expertise to drive future 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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Taiwan High Speed Rail (2633) Earnings Report: 1Q Net Income Reaches NT$2.11B with No Sells, 2 Holds

By | Earnings Alerts
  • Taiwan Speed Rail reported a net income of NT$2.11 billion in the 1st quarter of 2024.
  • The company achieved an operating profit for the same period amounting to NT$5.89 billion.
  • The Earnings Per Share (EPS) stood at NT$0.37.
  • Revenue earned by Taiwan Speed Rail during this quarter was NT$13.38 billion.
  • The investment consensus for Taiwan Speed Rail at this point is neutral, with 0 buys, 2 holds, and 0 sells.

Taiwan High Speed Rail on Smartkarma

Analyst Mohshin Aziz from Smartkarma has published a research report on Taiwan High-Speed Rail (2633 TT), titled “Taiwan High-Speed Rail (2633 TT): Better than a Government Bond.” The report highlights Taiwan High-Speed Rail’s strong profits and cashflows driven by solid traffic growth, making it an appealing choice for low-risk investment, particularly for fixed-income investors. Mohshin Aziz views Taiwan High-Speed Rail as a government-backed perpetual bond disguised as equity, with a minimum profit guarantee, firm dividend mandate, and a commitment to distributing excess cash to shareholders. The current yield margin against the 10-year bond is the widest since its IPO, expected to further increase with robust profit growth, presenting an attractive opportunity for alternative fixed-income investors.


A look at Taiwan High Speed Rail Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE3.0

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

Based on the Smartkarma Smart Scores, Taiwan High Speed Rail seems to have a positive long-term outlook. The company scores well in growth, with a score of 4, indicating favorable prospects for expansion and development. Additionally, both the value and dividend scores are moderate at 3, suggesting a stable financial foundation and potential for shareholder returns. However, the company receives a lower score for resilience at 2, which may indicate some vulnerability to external market shocks. Overall, with a momentum score of 3, there seems to be ongoing market interest and activity surrounding Taiwan High Speed Rail.

Taiwan High Speed Rail Corporation, which operates the high-speed railway system in Taiwan spanning 345 KM from Taipei to Kaohsiung, appears to be positioned for growth and stability based on the Smartkarma Smart Scores. While the company demonstrates promising growth prospects and maintains a reasonable level of value and dividend scores, its resilience score suggests a need for attention to withstand potential challenges. With a moderate momentum score, Taiwan High Speed Rail is likely to attract continued attention from investors and stakeholders looking for opportunities in the transportation 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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