Category

Earnings Alerts

Disappointing Earnings for Hangzhou Tigermed Consulting (A) (300347): FY Net Income Misses Estimates

By | Earnings Alerts
  • Tigermed’s net income for the fiscal year missed the estimated target.
  • The net income stood at 2.02 billion yuan, while it was estimated to be 2.35 billion yuan.
  • The total revenue was 7.38 billion yuan, falling short of the estimated 7.84 billion yuan.
  • Revenue from Clinical Trial Solutions was 4.17 billion yuan, less than the expected 4.34 billion yuan.
  • The company received 22 buys, 4 holds, and 4 sells.

A look at Hangzhou Tigermed Consulting (A) Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience4
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

Hangzhou Tigermed Consulting (A) has been given a Smartkarma Smart Score of 3 out of 5 for its overall outlook. This indicates that the company has a moderate outlook, with some areas showing potential for growth and resilience.

The company, which provides clinical research services for pharmaceutical and health-related research and development, has received a score of 3 for value, dividend, and growth. This means that Hangzhou Tigermed Consulting (A) has been performing moderately well in these areas. However, it has scored a 4 for resilience, indicating that the company may be able to weather any potential challenges in the future. On the other hand, its momentum score of 2 suggests that the company may not be experiencing significant growth at the moment.

Overall, Hangzhou Tigermed Consulting (A) has received a moderate Smartkarma Smart Score, indicating that it may be a stable and reliable company with some potential for growth and resilience. However, investors should keep an eye on its momentum score and monitor any changes in the company’s 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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

Sign Up for Free

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

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

Beijing Tongrentang Co A (600085) Earnings Soar to 1.67B Yuan: Comprehensive Analysis

By | Earnings Alerts
  • Beijing Tongrentang has reported a net income of 1.67 billion yuan for the financial year.
  • The company’s revenue stood at 17.86 billion yuan.
  • The firm has received 19 buys, 1 hold, and 1 sell rating from market analysts.

A look at Beijing Tongrentang Co A Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience5
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

Beijing Tongrentang Co A, a Chinese traditional medicine and medicinal wine company, is expected to have a positive long-term outlook, according to the Smartkarma Smart Scores. With a growth score of 5 and a resilience score of 5, the company is projected to continue expanding and weather potential challenges in the market.

In addition, Beijing Tongrentang Co A received a dividend score of 3, indicating its potential to provide stable returns to investors. However, its value and momentum scores of 2 suggest that the company may not be undervalued and may not have significant price momentum in the near future.

Overall, Beijing Tongrentang Co A‘s strong focus on Chinese traditional medicines and medicinal wines, along with its pharmaceutical retail businesses and consulting services, positions it well for long-term success and growth. Investors can expect steady returns and a resilient performance from this company in the years to come.


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


 

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

Sign Up for Free

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

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

Guangzhou Automobile Group (2238) Earnings Fall Short of Estimates: Detailed Analysis of FY Revenue and Net Income

By | Earnings Alerts
  • Guangzhou Auto’s fiscal year revenue did not meet the estimated targets.
  • The actual revenue stands at 128.76 billion yuan, missing the estimated revenue of 136.31 billion yuan.
  • The company’s net income for the fiscal year is 4.43 billion yuan.
  • The earnings per share (EPS) is calculated at 42 RMB cents.
  • There are 19 buy recommendations for Guangzhou Auto’s stocks, 6 holds, and 0 sells.

Guangzhou Automobile Group on Smartkarma

Guangzhou Automobile Group, a leading Chinese automaker, has recently been receiving significant coverage from top independent analysts on Smartkarma, an investment research network. According to Travis Lundy‘s A/H Premium Tracker reports, the company’s stock is looking bullish in the A/H pairs market, with narrow premia seeing Hs underperforming The New and Better A-H Premium Tracker. However, Lundy advises investors to stay long on Hs versus As for the upcoming year, as there is still potential for the stock to outperform.

In Lundy’s A/H Premium Tracker reports, it is noted that southbound and northbound flows for Guangzhou Automobile Group were both sells, but liquid Hs with H/A pairs still outperformed As by over 100 basis points on average. Lundy also mentions that overseas investor liquidation seems to have reached its end. Additionally, Lundy’s A/H Premium Tracker to 3 Nov report highlights the company’s strong performance over the past 13 weeks, with a 3.8% increase in performance and new highs reached. The report also mentions positive performance in every sector and southbound inflows, indicating a positive outlook for the company. However, Lundy also brings attention to the potential for short sellers and political factors to impact the stock’s performance.


A look at Guangzhou Automobile Group Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience4
Momentum2
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

Guangzhou Automobile Group is a company that manufactures and sells automobiles, as well as providing services for them. They also deal with auto parts and components, as well as auto finance and related services for both domestic and overseas markets. This company has been given a Smartkarma Smart Score of 5 for value and dividend, indicating a strong outlook in these areas. Additionally, it received a score of 3 for growth, indicating potential for future expansion. With a resilience score of 4, Guangzhou Automobile Group is well-positioned to weather any potential challenges in the market. However, its momentum score of 2 suggests that it may not be performing as well in terms of short-term growth. Overall, the company’s Smartkarma Smart Scores point towards a positive long-term outlook for Guangzhou Automobile Group.


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


 

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

Sign Up for Free

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

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

Asymchem Laboratories Tianjin (002821) Earnings Report: FY Net Income Misses Estimates by 31%

By | Earnings Alerts
  • Asymchem’s net income for the fiscal year was 2.27 billion yuan, a decrease of 31% from the previous year.
  • The estimated net income was higher, at 2.51 billion yuan.
  • Revenue also decreased, coming in at 7.83 billion yuan, which is a 24% decrease year over year.
  • The estimated revenue was also higher, at 8.49 billion yuan.
  • A final dividend per share of 1.80 yuan has been declared.
  • In terms of ratings, Asymchem has 22 buys, 0 holds, and 2 sells.
  • These comparisons are based on values reported by the company’s original disclosures.

Asymchem Laboratories Tianjin on Smartkarma

Asymchem Laboratories Tianjin, a Chinese pharmaceutical company, has caught the attention of top independent analysts on Smartkarma. Xinyao (Criss) Wang, one of the providers on the platform, has published a bullish research report on Asymchem, highlighting the potential for a rise in the company’s share price. According to Wang, Asymchem has a unique opportunity in the current market, as the demand for GLP-1 drugs continues to grow. The company’s focus on CDMO business, which has a higher profit margin and is less affected by the overseas financing environment, makes it a preferred choice over other companies in the industry.

Wang also believes that Asymchem has the potential to benefit from the expansion of GLP-1 drugs, regardless of how the indications expand. The total market size for GLP-1s is expected to exceed the sum of semaglutide and the majority of chronic disease drugs, making it a lucrative opportunity for the company. However, in order to see a significant rise in its stock price, Asymchem needs to secure a large order related to GLP-1 drugs. This would act as a major catalyst for the company’s CDMO business and could replicate the boost in stock price that was seen when the company received a COVID-19 order in November 2021.


A look at Asymchem Laboratories Tianjin Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience5
Momentum2
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

Asymchem Laboratories Tianjin, a pharmaceutical company, has a positive long-term outlook according to the Smartkarma Smart Scores. With a score of 3 for Value, the company is deemed to have a solid financial standing and is expected to provide good returns for investors. It also received a score of 4 for Dividend, indicating a potential for regular dividend payouts to shareholders.

The company’s Growth score of 4 reflects its potential for expansion and development in the future, while its Resilience score of 5 highlights its ability to withstand economic challenges and maintain its operations. However, Asymchem Laboratories Tianjin received a lower score of 2 for Momentum, suggesting that it may not be performing as well in the short-term.

Overall, Asymchem Laboratories Tianjin has a promising outlook with its strong financial position, potential for growth, and ability to weather economic challenges. As a global company, it is well-positioned to serve customers worldwide with its products and services.


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


 

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

Sign Up for Free

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

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

Zoomlion Heavy Industry S A (000157) Earnings: FY IFRS Net Hits Estimates with a 51% Yearly Increase

By | Earnings Alerts
  • Zoomlion’s IFRS net for the fiscal year is 3.55 billion yuan, marking a 51% increase year on year.
  • The estimate for the IFRS net was slightly lower at 3.54 billion yuan.
  • Revenue for the company reached 47.07 billion yuan, a 13% increase from the previous year.
  • The estimated revenue was marginally higher at 47.15 billion yuan.
  • Earnings per share (EPS) stood at 42 RMB cents.
  • The company announced a final dividend per share of 32 RMB cents.
  • There were 10 buys, 3 holds, and 0 sells on the company’s stock.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

A look at Zoomlion Heavy Industry S A Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience3
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

Zoomlion Heavy Industry S A, a company that specializes in manufacturing and selling construction machinery, is expected to have a positive long-term outlook according to Smartkarma Smart Scores. The company has been given a score of 4 for value, indicating that it is seen as a good investment opportunity. It has also received a perfect score of 5 for dividend, suggesting that it offers attractive returns to its shareholders. Additionally, Zoomlion has received a score of 3 for both growth and resilience, showing its potential for future growth and its ability to withstand market challenges. Furthermore, the company has been given a score of 5 for momentum, indicating that it is currently performing well in the market.

Zoomlion’s strong scores in various categories showcase its potential for long-term success and growth. The company’s diverse range of products, including concrete machinery, cranes, and road machinery, has contributed to its high scores. Additionally, Zoomlion’s production of environmental machinery and satellite navigation products has also played a role in its positive outlook. With its impressive Smartkarma Smart Scores, investors can be confident in Zoomlion’s ability to provide good value, attractive dividends, and potential for growth and resilience in the long run.


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


 

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

Sign Up for Free

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

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

China Pacific Insurance (Group) Co., (601601) Earnings Surpass Estimates with FY Net Income of 27.26 Billion Yuan

By | Earnings Alerts
  • China Pacific’s net income for the fiscal year was 27.26 billion yuan, surpassing estimates.
  • Despite the beat, the net income represented a 27% year-on-year decrease.
  • The estimated net income was 25.73 billion yuan.
  • The final dividend per share remained steady at 1.02 yuan, the same as the previous year.
  • The annualized investment yield was reported at 2.6%.
  • Earnings Per Share (EPS) increased to 2.83 yuan from 2.56 yuan year-on-year.
  • The basic EPS also stood at 2.83 yuan.
  • Investor sentiment towards the company was largely positive, with 21 buys, 2 holds, and 2 sells.
  • The company’s results were compared with past results based on values reported by the company’s original disclosures.

A look at China Pacific Insurance (Group) Co., Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
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

China Pacific Insurance (Group) Company, Ltd. is a leading insurance company in China, providing a wide range of insurance services. According to the Smartkarma Smart Scores, the company has an overall positive outlook with a score of 4 out of 5. This is a strong indication of the company’s potential for long-term growth and stability.

The company scores high in value and dividend, with a score of 5 for both factors. This means that China Pacific Insurance (Group) Co., Ltd. is considered to be undervalued and has a strong track record of paying dividends to its shareholders. Additionally, the company has a score of 4 for growth, indicating that it has a strong potential for future growth.

However, the company’s resilience and momentum scores are slightly lower, at 3 for both factors. This suggests that while China Pacific Insurance (Group) Co., Ltd. has a strong foundation, it may face some challenges in the short term. Overall, with its high scores in value, dividend, and growth, the company is well-positioned for long-term success and is a promising investment opportunity for those looking to enter the insurance market in China.


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


 

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

Sign Up for Free

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

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

China Railway Construction Corp (1186) Earnings: FY Net Income Misses Estimates

By | Earnings Alerts
  • China Railway Construction Corporation’s net income for the financial year did not meet the estimated expectations.
  • The net income was reported to be 26.10 billion yuan, falling short of the estimated 28.46 billion yuan.
  • The company’s revenue also missed the mark, coming in at 1.14 trillion yuan against the estimated 1.17 trillion yuan.
  • The Earnings Per Share (EPS) for the year was 1.73 yuan.
  • Despite the less-than-expected financial performance, the company received positive feedback from the market with 10 buys and 1 hold. There were no sell orders.

A look at China Railway Construction Corp Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
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

China Railway Construction Corp has a promising long-term outlook, according to the Smartkarma Smart Scores. With a high score of 5 for both value and dividend, the company is expected to offer good returns to its investors. Additionally, its growth potential is also strong with a score of 4, indicating that the company is likely to expand and increase its market share in the future. However, the company’s resilience score of 2 suggests that it may face some challenges in the face of economic downturns or market fluctuations. Nevertheless, with a momentum score of 4, China Railway Construction Corp is expected to maintain its current trajectory and continue to perform well in the coming years.

Based on its description as a full service construction company, China Railway Construction Corp offers a wide range of services including construction operations, survey design, and consulting. In addition, the company also has manufacturing, real estate, and logistics operations. Its specialization in railway construction sets it apart from other construction companies and gives it a competitive edge. Overall, with its high Smartkarma Smart Scores, China Railway Construction Corp is a company to watch in the construction industry for its strong performance and potential for growth.


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


 

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

Sign Up for Free

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

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

Metallurgical Corporation Of China Ltd (601618) Earnings Fall Short of Estimates: A Comprehensive Analysis

By | Earnings Alerts
  • China MCC’s net income for the fiscal year was 8.67 billion yuan, marking a 16% decrease from the previous year.
  • The income missed the estimated figure of 12.03 billion yuan.
  • The company’s revenue was 633.87 billion yuan, indicating a 7% increase year on year.
  • Earnings per share (EPS) stood at 33 RMB cents, compared to 45 RMB cents in the previous year.
  • A final dividend per share of 7.20 RMB cents was announced.
  • The company received 4 buys, with no holds or sells.
  • The financial results are based on values reported by the company in its original disclosures.

A look at Metallurgical Corporation Of China Ltd Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.8

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

Metallurgical Corporation of China Ltd. is looking at a positive long-term outlook, according to the Smartkarma Smart Scores. With a score of 5 for value, the company is deemed to be undervalued in the market. This means that there is potential for the stock price to increase in the future, making it a promising investment opportunity.

In addition, the company also scores a 4 in dividend and growth, indicating that it not only offers stable returns to investors, but also has potential for growth in the future. On the other hand, Metallurgical Corporation of China Ltd. scores a 2 for resilience, suggesting that it may face some challenges in the near future. However, with a score of 4 for momentum, the company is expected to overcome these challenges and continue to perform well in the long run.

Based on its description, Metallurgical Corporation of China Ltd. operates in various sectors including EPC projects, natural resources exploration, equipment fabrication, and property development. This diversification allows the company to have multiple sources of revenue, making it a stable and potentially profitable investment 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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

Sign Up for Free

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

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

China Mengniu Dairy Co (2319) Earnings: FY Net Income Misses Estimates, Reveals Capital Expenditure Details

By | Earnings Alerts
  • Mengniu Dairy’s FY net income missed the estimated mark, coming in at 4.81 billion yuan against the estimated 5.6 billion yuan.
  • The company’s revenue also fell short of estimates, reaching 98.62 billion yuan instead of the projected 99.71 billion yuan.
  • Mengniu Dairy declared a final dividend per share of 48.9 RMB cents.
  • The company’s capital expenditure for the year was noted at 4.17 billion yuan.
  • Earnings before interest, taxes, depreciation, and amortization (Ebitda) for the company stood at 9.51 billion yuan.
  • Out of 38 evaluations, the company received 36 buy ratings, 2 hold ratings, and no sell ratings.

China Mengniu Dairy Co on Smartkarma

Mengniu Dairy Co, a Chinese dairy company, has been receiving positive analyst coverage on Smartkarma, an independent investment research network. According to Steve Zhou, CFA, Mengniu continues to be a good value play with reasonable valuation, growth, and proactive shareholder returns. This sentiment is echoed in the recent research report by Zhou, where he highlights the positive read-across from Inner Mongolia Yili Industrial Group’s (600887 CH) 3Q23 results and briefing. Yili’s sales grew 3% year-on-year (yoy) and net profit increased by 59% yoy, mainly due to lower raw milk prices, better product mix, cost savings, and a low base. With a valuation of 15 times the estimated 2024 earnings, stable growth of above 10% in net profit, and proactive shareholder returns, China Mengniu Dairy Co remains a good value play for investors.


A look at China Mengniu Dairy Co Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum2
OVERALL SMART SCORE2.6

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

China Mengniu Dairy Co, one of the leading dairy companies in China, has received an overall score of 2 out of 5 on the Smartkarma Smart Scores. This indicates a mixed long-term outlook for the company, with a score of 4 for growth and 3 for resilience, but lower scores of 2 for both value and momentum. This means that while the company is expected to see strong growth in the future, investors should be cautious of its current value and momentum.

Despite the lower scores in value and momentum, China Mengniu Dairy Co remains a top player in the Chinese dairy market, with a focus on producing and distributing high-quality dairy products. Its core brand, MENGNIU, is well-known and trusted by consumers. With a strong score of 4 for growth, the company is expected to continue expanding its market share and product offerings in the coming years. However, investors should also consider the lower scores in value and dividend, which may indicate potential risks in the company’s financial performance.


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


 

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

Sign Up for Free

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

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

BYD Electronics (285) Earnings Surpass Estimates with Net Income of 4.04 Billion Yuan

By | Earnings Alerts
  • BYD Electronic reported a net income of 4.04 billion yuan, surpassing the estimated 3.87 billion yuan.
  • The company’s revenue stood at 129.96 billion yuan, outpacing the estimated 128.36 billion yuan.
  • A final dividend per share of 53.8 RMB cents was declared.
  • R&D expenses were reported at 4.72 billion yuan, lower than the estimated 5.31 billion yuan.
  • Selling and Distribution expenses were 719.6 million yuan, higher than the estimated 646.5 million yuan.
  • Administrative expenses were 1.29 billion yuan, less than the estimated 1.41 billion yuan.
  • The company received 28 buy ratings, 2 hold ratings, and no sell ratings.

BYD Electronics on Smartkarma

BYD Electronics has been receiving positive analyst coverage on Smartkarma, an independent investment research network. According to Brian Freitas, who provides insights on index rebalances and ETF flows, there have been significant inflows into ETFs tracking the Shanghai Shenzhen CSI 300 Index, while there were redemptions from the Hang Seng H Share Index ETF. There were also inflows into iShares Emerging Markets ex China, while outflows were seen from iShares ACWI ETF. This suggests a bullish sentiment towards BYD Electronics and its performance in the Asian market.

Janaghan Jeyakumar, CFA, another analyst on Smartkarma, further supports this sentiment by discussing the potential for more room being created for IT names in the Hang Seng Index. Jeyakumar predicts that the index changes for the March 2024 rebalance will be announced on February 16, 2024, and believes that identifying eligible names and grouping them by conviction level could be a valuable exercise. This adds to the overall positive outlook on BYD Electronics and its potential for growth in the future.


A look at BYD Electronics Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience4
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

BYD Electronics, a company that researches, develops, and manufactures handset components and provides assembly services, has a positive long-term outlook according to the Smartkarma Smart Scores. With a score of 5 for momentum, the company is showing strong growth potential and is gaining momentum in the market. This is supported by a score of 4 for resilience, indicating that the company is well-equipped to handle any potential challenges in the future.

Additionally, BYD Electronics scores a 3 for value, suggesting that the company is reasonably priced and has the potential for solid returns. However, its dividend score of 2 may not be as attractive for investors looking for regular income. The company also scores a 3 for growth, indicating that it has potential for future expansion and development. Overall, BYD Electronics looks to have a promising future ahead, with its strong momentum and resilience scores pointing towards continued success in the long run.


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


 

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

Sign Up for Free

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

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