Category

Earnings Alerts

Unveiling PICC Property & Casualty H (2328) Earnings: Surpassing Estimates with Impressive Final Dividend per Share

By | Earnings Alerts
  • PICC P&C’s final dividend per share exceeded estimates, reaching 48.9 RMB cents while the estimate was 47.5 RMB cents.
  • The company reported a net income of 24.57 billion yuan.
  • There were 34 buys and 4 holds recorded for the company’s stock, with no sells noted.

A look at PICC Property & Casualty H Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.4

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

Based on the Smartkarma Smart Scores, PICC Property & Casualty H has a positive long-term outlook. The company has received a score of 5 out of 5 for both value and dividend, indicating strong financial performance and potential for shareholder returns. In addition, its growth score of 4 suggests that the company is expected to see steady growth in the future.

However, PICC Property & Casualty H has received a resilience score of 3, which suggests that the company may face some challenges in the face of market volatility and economic uncertainties. Nevertheless, its momentum score of 5 indicates that the company is currently performing well in the market and has a positive outlook for the short term.

PICC Property & Casualty H is a company that provides insurance services, including property loss, liability, credit, and health insurances. It also operates investment businesses. With its high scores in value, dividend, and growth, the company is well-positioned to continue delivering strong financial performance and returns for shareholders 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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China Oilfield Services H (2883) Earnings Fall Short of Estimates with FY Net Income of 3.01 Billion Yuan

By | Earnings Alerts
  • China Oilfield’s net income for the fiscal year missed estimates, coming in at 3.01 billion yuan instead of the estimated 3.11 billion yuan.
  • The company’s revenue exceeded expectations, totalling 44.11 billion yuan compared to the estimated 40.79 billion yuan.
  • Rig utilization was at 79.9% for the fiscal year.
  • A final dividend per share of 21 RMB cents was declared.
  • The company received 15 buy ratings, with 0 holds and 0 sell ratings.

A look at China Oilfield Services H Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience3
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

China Oilfield Services H, a company that provides oilfield services, has received high scores across various factors on the Smartkarma Smart Scores. With a value score of 5, the company is considered to have a strong financial position and potential for growth. Its dividend score of 4 indicates a solid track record of paying dividends to shareholders, making it an attractive investment option.

In terms of growth, China Oilfield Services H has a score of 3, indicating moderate growth potential. However, the company’s resilience score of 3 suggests that it may be less affected by market fluctuations and economic downturns. Additionally, with a momentum score of 4, China Oilfield Services H has shown positive price momentum in the market.

Based on the Smartkarma Smart Scores, China Oilfield Services H has a promising long-term outlook, with high scores in value, dividend, and momentum. As a company that provides various oilfield services, it is well-positioned to benefit from the growth of the industry. Its strong financial position and track record of paying dividends make it an attractive option for investors looking for stable returns.


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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Annual Earnings Report: People’s Insurance (PICC) (1339) Misses Estimate with Net Decrease of 12%

By | Earnings Alerts
  • PICC Group’s IFRS net was 22.32 billion yuan, a decrease of 12% from the previous year.
  • The estimated IFRS net was 23.99 billion yuan, meaning PICC Group’s net missed estimates.
  • The final dividend per share was 15.60 RMB cents, compared to 16.6 RMB cents the previous year.
  • The annualized investment yield was 3.3%, down from 4.6% the year before.
  • The combined ratio of PICC P&C was 97.8%, slightly higher than the previous year’s 97.6%.
  • The estimated combined ratio was 98.5%, so PICC P&C’s actual combined ratio was lower than expected.
  • There were 13 buys, 5 holds, and 0 sells for the company’s stocks.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

People’s Insurance (PICC) on Smartkarma

Analysts on Smartkarma, an independent investment research network, are closely following the analyst coverage of People’s Insurance (PICC). According to David Blennerhassett, a top independent analyst on the platform, PICC’s implied stub has reached a new low as interest rate cuts take their toll. Blennerhassett suggests going long on PICC and short on its subsidiary, PICC Property & Casualty, as the market has assigned HK$42.6bn less for PICC’s steady and profitable life/health insurance operations, despite their strong performance.

In another report, Blennerhassett notes that PICC is currently trading at an all-time low implied stub, with the market assigning HK$35.6bn less for its life/health insurance operations. He recommends going long on PICC and short on its subsidiary, as PICC has been outperforming the Hang Seng Index, but its subsidiary has been on a hot streak, possibly due to the popularity of EV insurance. With top analysts like Blennerhassett closely monitoring the coverage of PICC on Smartkarma, investors can stay informed and make well-informed investment decisions.


A look at People’s Insurance (PICC) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
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

The future looks bright for People’s Insurance (PICC), as indicated by its Smartkarma Smart Scores. With a score of 5 for both value and dividend, the company is performing well in terms of its financials. This is further supported by a score of 4 for momentum, indicating positive market sentiment towards the company. These scores suggest that PICC is a financially stable and attractive investment option.

However, the company may face some challenges in terms of growth and resilience, with scores of 3 for both factors. This could be due to the competitive nature of the insurance industry and potential risks in the market. Nevertheless, PICC has a strong track record and a diverse range of insurance products, making it well-positioned to weather any potential challenges.

The People’s Insurance Company (Group) of China Limited is a leading insurance provider in China, offering a wide range of property and casualty insurance products. The company also provides asset management services, catering to various customers across the country. With its strong financial performance and established presence in the market, PICC is poised for long-term success.


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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WH Group (288) Earnings Report: FY Net Income Fails to Meet Analysts’ Estimates

By | Earnings Alerts
  • WH Group‘s net income for the fiscal year was $629 million, which missed estimates.
  • The estimated net income was $846.6 million.
  • Net income before fair value adjustment was $606 million.
  • The company’s revenue was $26.24 billion, falling short of the estimated $26.73 billion.
  • Revenue from packaged meats was $13.52 billion, slightly over the estimated $13.45 billion.
  • Pork revenue was $10.81 billion, which was slightly lower than the estimated $10.88 billion.
  • WH Group sold 3.20 million tons of packaged meats, less than the estimated 3.31 million tons.
  • The company also sold 3.96 million metric tons of pork.
  • A final dividend per share of 25 HK cents was announced.
  • Among analysts, WH Group received 15 buy ratings, 1 hold rating, and 0 sell ratings.

WH Group on Smartkarma

WH Group (288 HK) has been receiving positive coverage from top independent analysts on Smartkarma, an independent investment research network. According to Steve Zhou, CFA, the stock remains a buy with limited downside due to its recovering US business and potential IPO, along with a stable China business. Since his previous insight in October 2023, the stock has seen a 17% increase, significantly outperforming the Hang Seng Index. With a forward PE of 6x, compared to an average of 11x since 2016, the stock is deemed to have strong potential for growth.

In another insight published by Steve Zhou, CFA on Smartkarma, it is suggested that the potential US listing of WH Group‘s US pork business, Smithfield Foods, could be a major catalyst for the stock. Currently trading at a low 5x 2024E PE, the stock is expected to see a significant boost in value if the listing goes through. Since 2016, the company has had an average PE of 11x, indicating that the stock is currently undervalued. With limited downside and a strong potential catalyst, WH Group (288 HK) is considered a buy by analysts on Smartkarma.


A look at WH Group Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience3
Momentum5
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

The long-term outlook for WH Group looks promising, according to the Smartkarma Smart Scores. The company has been given an overall score of 3 out of 5, indicating a positive outlook. This score is based on several factors, including value, dividend, growth, resilience, and momentum.

WH Group Limited operates as a holdings company, providing meat processing services and supplying chilled meat and other related products. The company has been given a score of 3 for value, indicating that it is reasonably priced compared to its competitors. It has also received a score of 3 for dividend, suggesting that it offers a stable dividend to its shareholders. With a growth score of 4, WH Group is expected to experience strong growth in the future. The company has also shown resilience with a score of 3, indicating its ability to weather economic downturns. And finally, the company has received a perfect score of 5 for momentum, suggesting that it is performing well in the market. Overall, the Smartkarma Smart Scores paint a positive long-term outlook for WH 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.
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Unexpected Dip in Tingyi Holding (322) Earnings: FY Net Income Falls Short of Estimates

By | Earnings Alerts
  • Tingyi’s net income for the fiscal year was 3.12 billion yuan, falling short of the estimated 3.35 billion yuan.
  • Revenue for the year was also below expectations at 80.42 billion yuan, compared to the estimated 82.83 billion yuan.
  • However, the Ebitda (Earnings before interest, taxes, depreciation, and amortization) exceeded estimates, coming in at 8.21 billion yuan against the estimated 8.05 billion yuan.
  • The gross margin was on target with estimates, at 30.4%.
  • On the market, Tingyi received 23 buys, 2 holds, and 2 sells.

Tingyi Holding on Smartkarma

According to Douglas Kim, a top independent analyst on Smartkarma, shares of Tingyi Holding are currently oversold with high dividend yield and attractive valuations. In his recent research report titled “Asian Dividend Gems: Tingyi Holding“, he highlights that the company’s core businesses are turning around, making it a promising investment opportunity. The consensus among analysts is that Tingyi Holding will have a dividend yield of 6.1% in 2023, with an expected dividend per share of HKD 0.62. This is an improvement from the company’s average annual dividend yield of 5% from 2018 to 2022.

Tingyi Holding is a well-known producer and distributor of instant noodles and beverages in China. Its popular brand “Master Kong” has a strong presence in the Chinese market. With its current oversold status and positive outlook, Tingyi Holding is definitely a stock to watch out for in the coming years. Investors can access more in-depth analysis and research on the company on Smartkarma, an independent investment research network where top analysts like Douglas Kim publish their insights on companies like Tingyi Holding.


A look at Tingyi Holding Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience3
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

Tingyi Holding, a company that produces and sells instant noodles, baked goods, and beverages in China, has been given a Smartkarma Smart Score of 2 for value, 5 for dividend, 3 for growth, 3 for resilience, and 2 for momentum. This indicates a positive long-term outlook for the company.

The company’s high dividend score of 5 suggests that it is financially stable and able to provide consistent returns to its shareholders. Additionally, its resilience score of 3 means that the company is well-equipped to withstand any potential economic downturns. However, with a growth score of only 3 and a momentum score of 2, Tingyi Holding may face some challenges in expanding its business and maintaining its current momentum 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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China Telecom (H) (728) Earnings: FY Net Income Surges by 10%, Meeting Estimates

By | Earnings Alerts
  • China Telecom’s net income for the fiscal year met estimates, reaching 30.45 billion yuan.
  • This represents a 10% year-on-year increase, although it fell slightly short of the estimated 30.51 billion yuan.
  • The company’s operating revenue was 507.84 billion yuan.
  • Despite this revenue, it was still less than the estimated 514.3 billion yuan.
  • A final dividend per share of 9.0 RMB cents was announced.
  • China Telecom received 24 buys, with no holds or sells reported.
  • The results are compared to past results based on values reported by the company’s original disclosures.

China Telecom (H) on Smartkarma

On Smartkarma, a popular independent investment research network, top analysts have recently published their research on China Telecom (H). According to Travis Lundy, an experienced analyst, the HK Connect SOUTHBOUND flows were positive, with continued big buys of state-owned enterprises (SOEs). Lundy expects this trend to continue, as the ex-dates for high-dividend SOEs in the oil and telecom sectors are still 12 weeks away. Despite HK stock indices being down, H-shares with A-share pairs were up, indicating strong buying activity from the SOUTHBOUND market.

The net SOUTHBOUND buying for China Telecom (H) was HK$9.1 billion in the second post-holiday week, following a positive trend of +HK$20 billion in the first week. Lundy notes that there were “LOTS” of SOEs on the buying side, with continued interest in high-dividend SOEs. This could be attributed to the new KPIs discussed by the SASAC official in late January, making these SOEs attractive targets for investment. Overall, analysts on Smartkarma seem bullish on China Telecom (H), with a positive sentiment towards its future performance.


A look at China Telecom (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE4.6

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

According to Smartkarma’s Smart Scores, China Telecom (H) has a positive long-term outlook. The company has received a score of 5 in value, dividend, growth, and momentum, indicating strong performance in these areas. China Telecom (H) is a leading provider of wireline telephone, data, and internet services in China through its subsidiaries. Its strong focus on value, dividend, growth, and momentum is expected to result in continued success for the company in the long-term.

However, the company received a score of 3 in resilience, which suggests that it may face some challenges in this area. This could be due to potential competition in the rapidly evolving telecommunications industry. Despite this, China Telecom (H) is well-positioned to maintain its strong performance and continue to deliver value to its customers and shareholders 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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Flutter Entertainment (FLTR) Earnings: Adjusted EBITDA Forecasts for 2024 and Strong Revenue Growth Highlighted in Recent Report

By | Earnings Alerts
  • Flutter’s projected adjusted Ebitda for 2024, excluding US, ranges from $1.63 billion to $1.83 billion.
  • The US adjusted EBITDA is expected to be between $635 million and $785 million.
  • The company reported an impressive revenue of $11.79 billion in 2023, marking a 25% year-on-year increase.
  • US revenue for 2023 stood at $4.48 billion, a significant 41% increase compared to the previous year.
  • UK and Ireland’s revenue was $3.05 billion, up by 14% from the previous year.
  • Australia’s revenue was $1.45 billion, a decrease of 7.1% from the previous year.
  • The US saw a constant currency revenue increase of 40.6%, while the UK and Ireland had a 13.7% increase. Australia, on the other hand, saw a decrease of 2.8%.
  • US adjusted EBITDA for 2023 was $65 million, a significant improvement from a loss of $347 million the previous year.
  • UK and Ireland’s adjusted Ebitda was $888 million, up by 17% year-on-year, while Australia’s was $348 million, down by 27%.
  • International adjusted Ebitda stood at $592 million, a 50% increase from the previous year.
  • International constant currency revenue increased by 34.2%, and international revenue was $2.81 billion, up by 37% compared to the previous year.
  • Adjusted Ebitda for 2023 was $1.87 billion, a 45% increase from the previous year, with an Ebitda margin of 15.9%, up from 13.6% the previous year.
  • Flutter estimates its FY24 US revenue to be between $5.8 billion and $6.2 billion, a 36.3% increase at midpoint, and expects group ex-US revenue to be between $7.65 billion and $8.05 billion, a 6.3% increase at midpoint.
  • The company has updated its medium-term leverage ratio target to 2-2.5x from the previous target of 1-2x.
  • Trading for FY24 to date has been described as “strong,” with group revenue growth of 23.4% from January 1 to March 17 compared to the same period in the previous year.
  • Flutter is planning a primary listing move to the NYSE and is working towards a shareholder vote on May 1, 2024, as stated by CEO Peter Jackson.

A look at Flutter Entertainment Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth5
Resilience3
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

Flutter Entertainment Public Limited Company, a leading provider of mobile and online gambling services, has received an overall positive outlook from Smartkarma’s Smart Scores. This is determined by five key factors, including value, dividend, growth, resilience, and momentum. While the company received a moderate score of 3 for value, it scored a perfect 5 for growth and momentum, indicating a strong potential for future success. However, it received a lower score of 1 for dividend, suggesting potential limitations for investors seeking steady income. Additionally, the company scored a moderate 3 for resilience, indicating a solid foundation for navigating potential challenges in the long-term.

Based on the Smart Scores, Flutter Entertainment is expected to have a promising long-term outlook. With a high score of 5 for growth, the company is likely to continue expanding its business and increasing its market share. The perfect score of 5 for momentum also suggests a strong upward trend in the company’s performance. While investors seeking steady income may be deterred by the lower score of 1 for dividend, the company’s overall positive outlook and strong scores in other areas make it a potentially attractive investment option. With its solid foundation and potential for growth and success, Flutter Entertainment is definitely a company to keep an eye on in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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JG Summit Holdings (JGS) Earnings Surpass Estimates, Tripling 2023 Core Profit Amid Airline Rebound and Margin Gains

By | Earnings Alerts

• JG Summit’s net income for the fiscal year was 20.2 billion pesos, exceeding the estimate of 19.8 billion pesos.

• The company’s revenue reached 343.8 billion pesos.

• The core net income was 19.6 billion pesos, a significant increase from the previous year’s 6.2 billion pesos.

• The airline rebound and group-wide margin gains tripled JG Summit’s 2023 core profit.

• The company’s 2023 revenues rose 14% due to growth in the real estate unit and improved food and petrochemical sales.

• The consolidated debt-to-equity ratio stood at 0.68 and the net gearing ratio was at 0.57 at the end of 2023.

• At the parent level, long-term debt decreased by 35% from 2022 after the company settled its $750m bond in January 2023.

• The company expects easing inflation and potential rate cuts to boost consumer demand and lower input prices.

• JG Summit plans to recover lost volume and market shares in the food business, expand the portfolio in the real estate sector, increase airline capacity, and benefit from the petrochemical transformation program.

• The company expects core profits to approach pre-pandemic record levels within the next 12 months.

• Cebu Air, part of the JG Summit, had a fleet of 85 aircraft and operates in 60 destinations by the end of 2023.

• The company has received more buy recommendations (3) than holds (2), with no sell recommendations.


A look at JG Summit Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience2
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

According to the Smartkarma Smart Scores, JG Summit Holdings has a positive long-term outlook. With a value score of 3, the company is considered to have good potential for growth and profitability. This is further supported by a growth score of 4, indicating strong potential for expansion and development. However, the company’s resilience score of 2 suggests that it may face some challenges and risks in the future. In terms of dividend, JG Summit Holdings received a score of 2, indicating a moderate outlook for its dividend payouts.

JG Summit Holdings is a diversified company that operates in various industries including consumer foods, agro-industrial and commodity food products, textiles, real estate, banking and financial services, telecommunications, petrochemicals, and air transportation. With a momentum score of 3, the company is expected to maintain a stable and consistent performance in the long run. Overall, the company’s scores suggest that it has a good potential for growth and profitability, but may face some challenges and risks along the way.


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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Anta Sports Products (2020) Earnings: FY Revenue Meets Estimates with a Gross Margin of 62.6%

By | Earnings Alerts
  • Anta Sports’ full year revenue met the estimated projections.
  • The revenue was reported at 62.36 billion yuan, slightly above the estimated 62.2 billion yuan.
  • Revenue from other brands associated with Anta Sports was 6.95 billion yuan, surpassing the estimated 6.75 billion yuan.
  • The company’s gross margin was 62.6%, higher than the estimated 61.8%.
  • Anta Sports has received 55 buys, with 0 holds and 0 sells.

Anta Sports Products on Smartkarma

Anta Sports Products has been receiving a lot of coverage from analysts on Smartkarma, an independent investment research network. Sumeet Singh, an analyst on the platform, recently published a weekly update on deals and IPOs, mentioning Anta Sports’ pricing and placement in the market. Osbert Tang, CFA, another analyst on Smartkarma, also published an updated report on the implications of Amer Sports’ IPO, which is 52.7% owned by Anta Sports. The report states that Anta Sports could potentially gain HK$13.5 billion from this IPO, which is about 6.8% of its market cap. Additionally, Steve Zhou, CFA, published a report on Anta Sports’ in-line 4Q23 operational update and the submission of Amer Sports’ listing on the New York Stock Exchange. Zhou also published a high conviction pick for Anta Sports in 2024, citing its above-industry earnings growth and flexible multi-brand strategy. Tang also wrote about Anta Sports’ solid performance in 3Q23 and the potential impact of acquiring MAIA ACTIVE and Amer Sports’ potential US IPO. With all of this coverage and analysis, it’s clear that Anta Sports is a company to keep an eye on in the market.


A look at Anta Sports Products Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE3.8

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

Anta Sports Products Limited, a company that creates and sells sports footwear and apparel, is looking promising for the long-term according to Smartkarma Smart Scores. The company received a score of 4 out of 5 for both Dividend and Growth, indicating positive outlooks for these factors. This means that Anta Sports Products may have potential for growth and may also provide dividends to its shareholders.

In addition, the company has a high score of 5 out of 5 for Resilience, meaning that it is well-equipped to withstand any potential challenges in the future. This is an important factor for a company’s long-term success. Anta Sports Products also received a score of 4 out of 5 for Momentum, suggesting that it is currently performing well in the market. Overall, with these high scores in various important factors, it seems that Anta Sports Products is on a positive track for its future prospects.


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


 

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Shenzhou Intl Group Holdings (2313) Earnings: FY Net Income Meets Estimates with 4.56 Billion Yuan

By | Earnings Alerts
  • Shenzhou International’s net income for the fiscal year met estimates, reaching 4.56 billion yuan.
  • The estimated net income was 4.55 billion yuan, just slightly less than the actual figure.
  • The company’s revenue for the year was 24.97 billion yuan.
  • However, the revenue was lower than the estimated 26.8 billion yuan.
  • A final dividend per share was declared at HK$1.08.
  • The company’s stocks were well-received, with 42 buys, 1 hold and no sells.

Shenzhou Intl Group Holdings on Smartkarma

Shenzhou Intl Group Holdings (2313 HK) is a major supplier to global sportswear brand Nike, making up 30% of its sales. Recently, Nike reported its 2QFY24 results with a guidance cut, leading to a drop in Shenzhou’s stock by 8%. However, according to independent analyst Steve Zhou, CFA, the market seems to have overlooked the fact that Nike’s inventory is down by 14% year-on-year and high-single-digit compared to the previous quarter. This presents an opportunity for investors as Nike’s inventory decline could potentially benefit Shenzhou in the long run.

Further analysis by Steve Zhou, CFA, shows that Nike’s inventories have declined by 10% year-on-year in 1Q24, which is better than expected. This has resulted in an 8% increase in Nike’s stock in after-market trading. Considering that Nike is Shenzhou’s largest customer, this decline in inventories is a positive sign for the company. Shenzhou is currently trading at a lower PE ratio of 15x 2024 estimates, compared to its average of 21x over the last decade, making it an attractive investment opportunity according to Zhou.


A look at Shenzhou Intl Group Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, the long-term outlook for Shenzhou International Group Holdings Ltd looks promising. With a score of 3 for value, this indicates that the company is fairly priced and offers good value for investors. Additionally, Shenzhou International Group Holdings scores a 4 for dividends, meaning that the company has a strong track record of providing consistent dividends to its shareholders.

Furthermore, with a score of 3 for growth, Shenzhou International Group Holdings is expected to continue growing in the future. The company also scores a 4 for resilience, which suggests that it has a strong financial standing and is well-equipped to weather any potential economic downturns. Lastly, with a score of 3 for momentum, Shenzhou International Group Holdings is showing positive signs of growth and could potentially see a boost in its stock value in the near future.

Shenzhou International Group Holdings Ltd is a textile manufacturing and processing company that specializes in producing, dyeing, finishing, printing, embroidering, cutting, and sewing knitwear. With a strong focus on value, dividends, growth, resilience, and momentum, the company is well-positioned for long-term success in the textile 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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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