Category

Earnings Alerts

Persistent Systems (PSYS) Earnings Beat Estimates with Impressive 4Q Net Income Increase

By | Earnings Alerts
  • Net income for Persistent Systems in 4Q was 3.15 billion rupees, which is a 25% increase compared to the same period in the previous year, beating the expected 3.03 billion rupees estimate.
  • Revenue also saw an increase of 15% from the previous year, reaching 25.91 billion rupees, slightly outpacing the estimate of 25.63 billion rupees.
  • The company’s total costs were up by 16% year-on-year, amounting to 22.3 billion rupees.
  • Other income rose to 307.8 million rupees, a significant jump from the previous year’s 88.3 million rupees.
  • A dividend per share of 10 rupees was announced.
  • Ebitda (Earnings before interest, taxes, depreciation, and amortisation) was up by 9.1% from the previous year, reaching 4.54 billion rupees, falling slightly short of the estimated 4.63 billion rupees.
  • The company’s gross margin was reported at 26.9%, which is lower than the previous year’s 30% and also lower than the estimated 34.1%.
  • In terms of recommendations, among analysts, there were 15 votes for buy, 12 for hold, and 11 for sell

A look at Persistent Systems 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

Persistent Systems Limited, a company specializing in outsourced software product development, shows a promising long-term outlook based on Smartkarma Smart Scores. With solid scores in Growth, Resilience, and Momentum, the company is positioned well for future success. Persistent Systems‘ emphasis on innovation and expansion is reflected in its high Growth score, highlighting its potential for long-term value creation. Additionally, the company’s Resilience score indicates its ability to weather market uncertainties, further strengthening its position in the industry. Coupled with a strong Momentum score, Persistent Systems appears to be on a positive trajectory for sustained growth in the coming years.

Furthermore, while the company’s Value and Dividend scores are not as high as the other factors, their overall outlook remains robust, considering their focus on innovation and market positioning. Persistent Systems Limited’s strong performance in Growth, Resilience, and Momentum underscores its potential to deliver value to investors over the long term. As a provider of outsourced software product development services including testing and professional services, the company’s strategic positioning and favorable Smartkarma Smart Scores suggest a positive outlook for Persistent Systems 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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KBANK Surges: Insight on Kasikornbank PCL’s 1Q Earnings and Net Income of 13.49B Baht

By | Earnings Alerts
  • Kasikornbank reported a first quarter net income of 13.49 billion Baht.
  • The bank registered Earnings Per Share (EPS) of 5.53 Baht for the same period.
  • 14 market analysts recommend buying the bank’s shares, 8 recommend holding, and 3 recommend selling.

A look at Kasikornbank PCL Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth4
Resilience5
Momentum3
OVERALL SMART SCORE4.0

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

Analysts utilizing the Smartkarma Smart Scores have assessed the long-term outlook for Kasikornbank PCL, a leading provider of commercial banking services in Thailand. Kasikornbank has received strong ratings across several key factors: a top score for Value, indicating favorable valuation metrics; a solid score for Growth, highlighting potential for future expansion; and high marks for Resilience, indicating stability even in challenging economic environments. While the scores for Dividend and Momentum are slightly lower, overall, Kasikornbank PCL appears well-positioned for steady growth and resilience in the banking sector.

Kasikornbank PCL is a well-established institution offering a range of banking services to both personal and commercial clients in Thailand. With a network of branches and representative offices both domestically and internationally, Kasikornbank is a key player in the country’s banking sector. The favorable Smartkarma Smart Scores, particularly in areas such as Value and Resilience, suggest that Kasikornbank PCL may continue to be a strong performer in the long term, providing stability and growth potential for investors looking to capitalize on the banking industry in Thailand.


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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South32 Ltd (S32) Earnings: Astonishing Metallurgical Coal Production and Expanding Portfolio Ignite Investor Confidence

By | Earnings Alerts
  • Metallurgical coal production by South32 in the third quarter was 1.24 million tons.
  • The company also produced 1.24 million tons of Alumina in this quarter.
  • Aluminum production during this period was registered at 278,000 tons.
  • Manganese ore production totaled 1.18 million wmt in the third quarter.
  • South32 achieved energy coal production of 161,000 tons in the quarter.
  • Payable nickel output reached 10,800 tons in the third quarter.
  • The company produced 3.05 million ounces of payable silver in the quarter.
  • In terms of lead, South32 recorded a payable production of 24,800 tons.
  • The company’s payable zinc production for the quarter stood at 14,300 tons.
  • The current market performance of the company shows 14 buys, 4 holds, and 2 sells.

A look at South32 Ltd Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth2
Resilience3
Momentum3
OVERALL SMART SCORE2.8

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

South32 Ltd, a diversified metals and mining company, is positioned for a favorable long-term outlook based on Smartkarma Smart Scores. With a strong Value score of 4, the company is perceived positively in terms of its financial health and stock price relative to its intrinsic value.

While South32 Ltd‘s Dividend and Growth scores are moderate at 2 each, indicating room for improvement in these areas, the company shows resilience with a score of 3, reflecting its ability to navigate challenging market conditions. Additionally, the Momentum score of 3 suggests a steady pace in its operational performance and market presence.


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: Mango Excellent Media (300413) 1Q Net Income Lags, Misses Estimates

By | Earnings Alerts
  • Mango Media’s net income for the first quarter has taken a hit, with earnings reported at 472.3 million yuan, a year-on-year decrease of 14%.
  • The figures fell short of the estimated 587.5 million yuan, which was derived from two separate estimates.
  • Despite the dip in net income, there has been a 7.1% year-on-year increase in revenue, which was reported at 3.32 billion yuan.
  • The reported revenue, however, didn’t meet the estimated figure of 3.67 billion yuan, gathered from two estimates.
  • In terms of the market’s trust in Mango Media’s performance, there have been varying opinions. There were 29 buys, 2 holds, and 1 sell based on the most recent analysis.
  • These comparisons are directly taken from Mango Media’s previously reported data, ensuring reliability and accuracy.

A look at Mango Excellent Media Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience5
Momentum3
OVERALL SMART SCORE3.2

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

Based on the Smartkarma Smart Scores, Mango Excellent Media shows solid potential for long-term growth and resilience in the market. With a strong score of 5 in resilience, the company appears well-positioned to weather uncertainties and challenges. Additionally, a value score of 3 suggests that Mango Excellent Media is reasonably priced in comparison to its intrinsic value. While the growth and momentum scores stand at 3, indicating moderate performance in these areas, the company may be an attractive investment opportunity for those seeking stability and value.

Mango Excellent Media, a company specializing in television-based services including shopping and new media platform operations, has garnered a range of Smart Scores reflecting its overall outlook. With a dividend score of 2, investors may not expect significant returns in this aspect. However, the combination of resilience, value, and moderate scores in growth and momentum positions Mango Excellent Media as a player to watch for potential growth opportunities in the long run. Understanding these scores can help investors make informed decisions about the company’s future prospects in the competitive 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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Lens Technology (300433) Earnings Miss Net Income Estimates; Reports Increase in Overall Revenue and R&D Expenses

By | Earnings Alerts
  • Lens Technology announced its full-year net income as 3.02 billion yuan, which shows an increase of 23% year over year, though it didn’t meet the estimated figure of 3.09 billion yuan.
  • The company’s revenue reached 54.5 billion yuan, up 17% year over year, surpassing the estimate of 51.86 billion yuan.
  • R&D expenses were at 2.32 billion yuan, just under the estimated 2.64 billion yuan based on 2 estimates.
  • Gross margin was recorded at 16.6%. This is slightly below the estimated 19.6%.
  • A final dividend of 30 RMB cents will be provided per share.
  • There are 10 buys, 1 hold and 0 sell ratings currently for Lens Technology.
  • All comparisons to past results are derived from values that the company originally disclosed.

A look at Lens Technology Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience3
Momentum5
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

Lens Technology Co., Ltd. is positioned for a favorable long-term outlook based on the Smartkarma Smart Scores. With solid ratings in value and dividend factors at 4, the company demonstrates strong financial health and potential for returns to investors. Moreover, Lens Technology’s momentum score of 5 indicates a positive market sentiment and the company’s ability to capitalize on current trends for growth.

While the growth and resilience scores are slightly lower at 3, Lens Technology’s diverse product line, which includes optical lenses, electronic components, and metal parts, reflects a level of stability and adaptability in the market. Overall, the combination of high momentum and strong value and dividend scores suggests a promising future for Lens Technology as it continues to innovate and meet market demands.


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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Mango Excellent Media (300413) Year-end Earnings: Net Income Surpasses Expectations with 91% Year-on-Year Increase

By | Earnings Alerts
  • Mango Media’s Fiscal Year Net Income exceeded expectations, reaching 3.56 billion yuan, indicating a 91% increase year on year, surpassing the anticipated 2.38 billion yuan.
  • The company’s revenue was 14.63 billion yuan, a 4.6% increase year on year, beating the estimate of 14.43 billion yuan.
  • Gross margin stood at 33%, slightly lower than the expected 34.1%.
  • The declared final dividend per share being 18 RMB cents.
  • R&D expenses were larger than the anticipated 241 million yuan, clocking in at 278.7 million yuan.
  • Capital expenditure came in significantly below the expected 2.06 billion yuan, at 150.3 million yuan.
  • The share value received a favourable reception with 29 buys, 2 holds, and just 1 sell.
  • These findings are based on values reported from the company’s original disclosures and are compared to past results.

A look at Mango Excellent Media Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience5
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

When looking at the long-term outlook for Mango Excellent Media, it appears that the company’s overall performance is quite positive based on the Smartkarma Smart Scores. With a solid 3 out of 5 score in Value, Growth, and Momentum, Mango Excellent Media seems to be positioned well for future success. In addition, the company’s high score of 5 in Resilience indicates a strong ability to weather economic uncertainties and challenges, which is crucial for long-term sustainability.

Despite receiving a slightly lower score of 2 in Dividend, Mango Excellent Media‘s strengths in other areas suggest good potential for growth and stability in the long run. As a company that offers television and online shopping services, along with a new media platform, Mango Excellent Media appears to have a diversified business model that could support its continued success in the ever-evolving media 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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HDFC Bank Earnings Report: 4Q Net Income Misses Estimates Despite Rise in Operating Profit

By | Earnings Alerts

HDFC Bank‘s net income for the fourth quarter registered at 165.1 billion Rupees. Although it’s a 37% increase from last year, it did not meet the estimated 175.93 billion Rupees

• HDFC’s Gross non-performing assets (NPAs) shrank slightly this quarter from 1.26% to 1.24%

• HDFC’s provisions for this quarter was 135.1 billion rupees, up from 42.2 billion in the previous quarter, surpassing the estimate of 33.22 billion rupees

• The operating profit saw a significant increase of 57% year on year, notably higher than the estimated 243.32 billion rupees, at 292.7 billion rupees

• A dividend of 19.50 rupees will be paid per share

• The bank made an additional floating provision of INR 109B in the fourth quarter

• Despite missing income estimates, the shares of HDFC Bank increased by 2.4% to 1,531 rupees with 17.3 million shares traded

• The bank received 44 buys, 5 holds, and 0 sells from the analyst community


HDFC Bank on Smartkarma

Analysts on Smartkarma have varying sentiments on HDFC Bank. Raj S, CA, CFA initiated coverage with a bearish view, citing near-term negatives post-merger with HDFC Ltd, resulting in a “Short” recommendation for now. Pranav Bhavsar also expressed concerns regarding HDFC Bank‘s earnings, anticipating further challenges ahead.

On the other hand, Value Punks remains bullish on HDFC Bank, emphasizing its blue-chip status and high-quality compounding. Ankit Agrawal, CFA, also maintains a positive outlook, believing in the bank’s ability to sustain growth despite short-term headwinds and merger-related impacts on deposit growth and NIM compression.


A look at HDFC Bank Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience2
Momentum2
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

Analysts at Smartkarma have assessed HDFC Bank‘s long-term outlook using their unique Smart Scores. With a stellar Dividend score of 5, HDFC Bank excels in providing attractive returns to its shareholders through regular dividend payouts, showcasing its commitment to investor rewards. The bank also boasts solid scores in Growth and Value at 3, indicating a balanced approach to sustainable growth and maintaining a good value proposition for investors. However, with slightly lower scores in Resilience and Momentum at 2, HDFC Bank may face challenges in terms of navigating market volatility and sustaining upward momentum.

HDFC Bank Ltd., a leading financial institution, offers a diverse array of services catering to the global corporate sector. Providing corporate banking, custodial services, treasury operations, and capital market solutions, HDFC Bank is a comprehensive financial partner for businesses. With a focus on project advisory services and various capital market products, such as Global Deposit Receipts and Euro currency instruments, HDFC Bank demonstrates a commitment to delivering sophisticated financial solutions to its clients.


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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Hangzhou Hikvision (002415) Earnings Review: FY Net Income Meets Estimates with Revenue Surpassing Expectations

By | Earnings Alerts
  • Hikvision’s fiscal year net income was 14.11 billion yuan, meeting financial predictions.
  • The estimated income was marginally lower at 14.02 billion yuan.
  • Reported revenue surpassed estimates, coming in at 89.34 billion yuan against a projected 88.14 billion yuan.
  • Earnings Per Share (EPS) stood firm at 1.520 yuan.
  • A total of 24 purchases, 2 holds and 0 sells were counted, further solidifying Hikvision’s financial standing.

A look at Hangzhou Hikvision Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
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

Hangzhou Hikvision Digital Technology Co., Ltd, known for their video surveillance products, is positioned well for long-term success based on their Smartkarma Smart Scores. With a solid Dividend score of 4, investors can expect good returns in the form of dividends. Additionally, the company shows strong Resilience and Momentum with scores of 4, indicating stability and positive growth potential. Although the company scores moderate on Value and Growth at 2 and 3 respectively, its overall outlook seems optimistic.

Hangzhou Hikvision‘s focus on manufacturing and selling video surveillance equipment sets the stage for continued growth and innovation in the industry. Their product range includes video and audio compression cards, network hard disk video recorders, cameras, and more digital products. With a balanced mix of strengths in areas like Dividends, Resilience, and Momentum, Hangzhou Hikvision appears well-positioned to navigate the market and capitalize on future 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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Earnings Review: China Resources Sanjiu Medical & Pharma (000999) Scores 1.36B Yuan Net Income in 1Q Earnings

By | Earnings Alerts

• CR Sanjiu reported a net income of 1.36 billion yuan for the first quarter.

• The company earned revenue totalling 7.29 billion yuan in the same period.

• The stock has an overwhelmingly positive outlook with 23 buy recommendations and no holds or sells.


China Resources Sanjiu Medical & Pharma on Smartkarma

Analysts on Smartkarma have varying views on China Resources Sanjiu Medical & Pharma. Xinyao (Criss) Wang‘s bearish outlook in the report titled “China Resources Sanjiu (000999.CH) – 2023 Results Below Expectations; Short-Term Headwinds Remain” highlights that Sanjiu’s 2023 performance fell short of expectations due to challenges in the TCM injection business and anti-corruption measures. Despite a high dividend payout ratio, the performance growth outlook for 2024 is anticipated to be lower than that of 2023.

Conversely, Xinyao (Criss) Wang‘s bullish perspective in the report “China Healthcare Weekly (Nov.24) – Gold Content Of License-Out Deals, NRDL Pricing Levels, CR Sanjiu” emphasizes that the upfront payment in licensing deals signifies their true value. The stability in NRDL prices for innovative drugs and the focus on upfront payments rather than milestone payments are key considerations. However, challenges such as anti-corruption impact and weak TCM formula granules business performance could put pressure on Sanjiu’s 2023 second half results.


A look at China Resources Sanjiu Medical & Pharma Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE4.0

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

China Resources Sanjiu Medical & Pharmaceutical Co., Ltd. is showing promising signs for its long-term outlook based on the Smartkarma Smart Scores. With a strong momentum score of 5, the company is demonstrating significant positive price trends and investor interest. This suggests a potential for continued growth and market outperformance in the future.

Additionally, China Resources Sanjiu Medical & Pharma received high scores in dividend, growth, and resilience, indicating a solid financial foundation and potential for future expansion and stability. While the value score is slightly lower at 3, the overall outlook for the company seems positive, supported by its diverse business operations in the healthcare and pharmaceutical 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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Krung Thai Bank Pub (KTB) Reports Stellar 1Q Earnings: Net Income Hits 11.08B Baht with Strong Buy Recommendations

By | Earnings Alerts
  • Krung Thai Bank reported a net income of 11.08 billion baht for the first quarter.
  • The Earning per Share (EPS) reported is 0.79 baht.
  • Analysis on the bank’s stock performance show 16 ‘buy’ recommendations.
  • There are also 9 ‘hold’ recommendations suggesting a mix market sentiment.
  • Only 2 recommendations suggest ‘sell’, indicating overall strong confidence in the Bank’s performance.

Krung Thai Bank Pub on Smartkarma

Analyst coverage on Krung Thai Bank Pub by Victor Galliano on Smartkarma reveals insightful recommendations. In the report “Thai Banks 4Q23 Screener,” Victor suggests sticking with Krung Thai due to its strong profitability, healthy balance sheet, and attractive valuations. Noting the improved cost of risk for Kasikorn, Victor recommends switching out of Ayudhya into Kasikorn for potentially better returns. Krung Thai is highlighted for its solid post-provision profitability, close to double-digit ROE, and attractive financial ratios. The addition of Kasikorn to the buy list signifies potential post-provision returns improvement, while Ayudhya is removed due to worsening cost of risk trends and weaker capital adequacy.

In another report, “Thai Banks 3Q23 Screener,” Victor advises sticking with Krung Thai and Ayudhya based on their strong profitability, healthy balance sheets, and attractive ratios. Krung Thai stands out for its double-digit ROE, while Ayudhya is praised for its sound pre and post-provision profitability metrics. Despite Kasikorn’s healthy pre-provision profitability, its high and worsening cost of risk is highlighted as an area of concern, keeping it from receiving a strong recommendation at this time.


A look at Krung Thai Bank Pub Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth4
Resilience5
Momentum3
OVERALL SMART SCORE4.0

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

Based on the Smartkarma Smart Scores, Krung Thai Bank Public Company Limited is poised for a positive long-term outlook. With a perfect score in Value and Resilience, the bank demonstrates strong fundamentals and robustness in the face of market challenges. Additionally, the above-average scores in Growth indicate potential opportunities for expansion and development in the future. While the scores for Dividend and Momentum are decent, there is room for improvement in these areas to further enhance the overall performance of the company.

Krung Thai Bank Pub, a state-owned commercial bank, is backed by a solid foundation and a diverse range of financial services. Majority owned by the Financial Institutions Development Fund, the bank offers services such as commercial and consumer loans, credit cards, and international trade financing. With a strong emphasis on value and resilience, Krung Thai Bank Pub is positioned well to navigate the dynamic financial landscape and capitalize on growth opportunities 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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