Category

Earnings Alerts

Hua Hong Semiconductor (1347) Earnings: 2Q Revenue Misses Estimates Despite Higher 8 Wafer Sales

By | Earnings Alerts
  • Revenue Miss: Hua Hong Semi reported Q2 revenue of $478.5 million, missing the estimate of $487.5 million.
  • 8″ Wafer Revenue: Generated $245.5 million, surpassing the estimated $232.5 million.
  • 12″ Wafer Revenue: Generated $233.1 million, falling short of the estimated $246.2 million.
  • Gross Margin: Achieved a gross margin of 10.5%, better than the estimated 8.65%.
  • Capital Expenditure: Recorded $196.8 million in capital expenditure, significantly lower than the estimated $498.8 million.
  • Analyst Ratings: 18 buy ratings, 5 hold ratings, and 3 sell ratings.

Hua Hong Semiconductor on Smartkarma



Analysts on Smartkarma, like David Mudd, provide insightful coverage on companies such as Hua Hong Semiconductor. In his recent report titled “BUY/SELL/HOLD: China/Hong Kong Stock Updates (July 8th),” Mudd highlights the prominence of tech NEV companies in the Hong Kong research landscape. Despite a slow start in Q4 2023, research interest in Hong Kong companies has been steadily growing, with a focus on major Chinese tech players. Notably, companies like Bosideng, China Water Affairs, Topsports, BYD, and Xiaomi received BUY recommendations, indicating an optimistic outlook from analysts on certain firms.

With China’s strong presence in the global EV market, research attention in this sector has significantly increased. Hua Hong Semiconductor, among other companies, benefits from this trend, attracting attention from analysts like Mudd who offer valuable insights and recommendations to investors. As investor skepticism persists, especially in light of recent challenges, in-depth research reports play a crucial role in guiding investment decisions and understanding the evolving landscape of Chinese companies in the market.



A look at Hua Hong Semiconductor Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE4.4

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

With a bright future ahead, Hua Hong Semiconductor Limited, a manufacturer of semiconductors for various industries, is poised for success. The company has excelled in key areas according to the Smartkarma Smart Scores, with outstanding ratings in Value, Resilience, and Momentum. Hua Hong Semiconductor‘s high Value score indicates strong potential for growth and profitability in the long run. Moreover, its top-notch Resilience and Momentum scores showcase the company’s ability to withstand market fluctuations and maintain a positive growth trajectory. These factors together paint a promising long-term outlook for Hua Hong Semiconductor.

Hua Hong Semiconductor Limited’s impressive Dividend and Growth scores further reinforce its solid standing in the market. With a focus on manufacturing semiconductors for specialty applications across various industries, including consumer electronics and automotive sectors, Hua Hong Semiconductor is well-positioned for continued success and expansion. Investors looking for a company with strong fundamentals and growth potential would be wise to consider Hua Hong Semiconductor as a promising long-term investment option.


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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Dubai Electricity & Water Auth (DEWA) Earnings: 2Q Profit Aligns with Estimates at 1.86 Billion Dirhams

By | Earnings Alerts
  • Dubai’s DEWA reported a second-quarter profit of 1.86 billion dirhams, which met market estimates and marked a 3.6% decrease year-over-year.
  • Second-quarter revenue reached 7.86 billion dirhams, exceeding estimates and showing a 7.8% increase year-over-year.
  • Operating profit in the second-quarter was 2.32 billion dirhams, slightly below the estimate of 2.46 billion dirhams but up by 4.2% year-over-year.
  • Finance costs were 503.8 million dirhams, down 2.2% year-over-year.
  • Earnings per share (EPS) stood at 0.0370 dirhams, compared to 0.0390 dirhams the previous year.
  • DEWA has approved a dividend of 3.1 billion dirhams for the first half of the year.
  • The company cites an increase in demand for electricity, water, and cooling services.
  • Consolidated first-half profit was down 6.7%, primarily due to higher depreciation and the introduction of corporate tax in 2024.
  • Analyst recommendations for DEWA include 9 buys, 3 holds, and no sells.

A look at Dubai Electricity & Water Auth Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.0

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

Based on the Smartkarma Smart Scores, Dubai Electricity & Water Authority (DEWA) is positioned with moderate scores across the board, indicating a stable outlook for the company in the long term. With scores of 3 in Value, Dividend, Growth, Resilience, and Momentum, DEWA appears to be a well-rounded utility provider in the United Arab Emirates. The company, known for its ownership and operation of power generation and water desalination stations, as well as distribution networks, continues to cater to both residential and commercial customers in the region.

Looking ahead, DEWA’s consistent scores in various key areas suggest a steady performance expected from the company. While not excelling in any particular factor, the balanced nature of its scores implies a reliable and resilient business model. Investors may find DEWA to be a safe bet for steady returns and a consistent dividend payout, backed by its established presence in providing essential utility services within the UAE 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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MRF Ltd (MRF) Earnings: Q1 Net Income Surpasses Estimates by 31%, Revenue Rises 12%

By | Earnings Alerts
  • MRF’s net income for the first quarter is 5.63 billion rupees, surpassing the estimate of 4.3 billion rupees.
  • Net income showed a slight decline of 3.1% year-over-year (y/y).
  • The company’s revenue increased by 12% y/y to 70.8 billion rupees, beating the estimated 65.53 billion rupees.
  • Total costs climbed by 14% y/y, reaching 64.1 billion rupees.
  • Other income also increased by 12% y/y, amounting to 827.4 million rupees.
  • Shares of MRF rose by 2.9%, reaching 0.14 million rupees with 15,483 shares traded.
  • Analyst ratings include 0 buys, 2 holds, and 8 sells.

A look at Mrf Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.0

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

Based on Smartkarma Smart Scores, MRF Ltd shows a promising long-term outlook. With a solid resilience score of 4, the company demonstrates strong ability to weather market fluctuations and challenges. This indicates a stable foundation for future growth and sustainability. Additionally, MRF Ltd scores well in value, growth, and momentum, with scores of 3 in each category. This suggests that the company is positioned well for potential value appreciation, growth opportunities, and positive market momentum in the long run.

MRF Ltd, a leading manufacturer of tyres and tubes for various vehicles including automobiles, aircrafts, motorcycles, and cycles, is known for its quality and performance. Each tyre is meticulously crafted and rigorously tested on race and rally tracks, showcasing the company’s commitment to excellence and innovation. With a balanced mix of strengths across different Smart Scores, MRF Ltd appears poised to continue its legacy of delivering reliable products and driving future 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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Yageo Corporation (2327) Earnings Surge: July Sales Hit NT$11.01 Billion, Up 23.8%

By | Earnings Alerts
  • Company: Yageo Corp
  • Month: July 2024
  • Total Sales: NT$11.01 billion
  • Sales Growth: +23.8%
  • Analyst Recommendations:
    • 13 Buys
    • 2 Holds
    • 0 Sells

A look at Yageo Corporation Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.2

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

Yageo Corporation, a leading manufacturer of resistors and related equipment, has garnered a promising long-term outlook based on its Smartkarma Smart Scores. With solid scores across Value, Dividend, and Growth factors, the company demonstrates a stable foundation for future growth. Additionally, Yageo’s Momentum score of 5 highlights strong positive market momentum, indicating a bullish trend for the company. However, the Resilience score of 2 suggests some vulnerability to market fluctuations, pointing to the need for careful risk management strategies moving forward.

Yageo Corporation‘s diverse product portfolio, including thick-film resistors for electronics products and high-power thin-film resistors for aerospace and automobile industries, positions it well for sustained growth. The company’s foray into the consumer goods importing business through its subsidiaries adds another dimension to its operations. Overall, with a balanced mix of positive scores in key Smartkarma factors, Yageo Corporation appears well-positioned to capitalize on market opportunities 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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Bharat Forge (BHFC) Earnings: 1Q Net Income Misses Estimates by 14%

By | Earnings Alerts






  • Net Income: 2.69 billion rupees, a decrease of 14% year-over-year (YoY).
  • Net Income Estimate: 3.97 billion rupees.
  • Revenue: 23.4 billion rupees, an increase of 9.9% YoY.
  • Revenue Estimate: 23.56 billion rupees.
  • Total Costs: 18.7 billion rupees, up by 6.3% YoY.
  • Raw Material Costs: 9.27 billion rupees, a decrease of 1% YoY. The estimate was 10.2 billion rupees.
  • Employee Benefits Expenses: 1.63 billion rupees, an increase of 9.4% YoY. The estimate was 1.58 billion rupees.
  • Finance Cost: 701.8 million rupees, a decrease of 0.5% YoY. The estimate was 511.5 million rupees.
  • Other Income: 445.9 million rupees, a decrease of 5.6% YoY.
  • Board Approval: Approval for raising funds via shares or debt.
  • Analyst Ratings: 14 buys, 3 holds, 11 sells.



A look at Bharat Forge Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience2
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

Analysts using Smartkarma’s Smart Scores indicate a promising long-term outlook for Bharat Forge. The company scored high in Growth and Momentum, with a score of 5 in both categories. This suggests that Bharat Forge is positioned well for future expansion and has strong positive market momentum. Additionally, the company received a strong score of 4 in Dividend, showcasing its commitment to rewarding shareholders. However, Bharat Forge scored lower in Value and Resilience, with scores of 2 in both areas, indicating potential risks related to valuation and resilience to market fluctuations.

Bharat Forge Limited, a manufacturer of steel forgings and machined components for various industries, including automotive, railway, and oilfield, showcases a mix of positive and cautionary indicators based on the Smartkarma Smart Scores. While the company excels in growth potential and market momentum, investors may need to assess the valuation and resilience aspects closely. Overall, Bharat Forge‘s focus on expanding its operations and rewarding shareholders sets a positive tone for its future performance in the industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Accton Technology (2345) Earnings: 1H Net Income Hits NT$4.82 Billion with Strong EPS of NT$8.64

By | Earnings Alerts
  • Accton Technology reported a net income of NT$4.82 billion for the first half of 2024.
  • The operating profit for this period was NT$4.97 billion.
  • Earnings per share (EPS) stood at NT$8.64.
  • The company generated a revenue of NT$43.26 billion in the first half of the year.
  • Market analysts provided 13 “buy” ratings, 1 “hold” rating, and 0 “sell” ratings for Accton Technology.

A look at Accton Technology Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE3.6

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

Analysts have evaluated Accton Technology‘s long-term outlook using the Smartkarma Smart Scores. With a solid score of 4 for Growth and Resilience, the company is positioned favorably for potential expansion and the ability to withstand market challenges. Additionally, a Momentum score of 4 indicates positive market sentiment and ongoing interest in Accton Technology‘s offerings. These factors suggest promising prospects for the company’s future development and performance.

While Accton Technology shows strengths in Growth, Resilience, and Momentum, there is room for improvement in Value and Dividend scores, which are rated at 2 and 3, respectively. Enhancing these areas could further boost the company’s overall outlook and attractiveness to investors. Overall, given its focus on computer network system products and network peripheral equipment, Accton Technology appears well-positioned for growth and resilience in the dynamic technology sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Daifuku Co Ltd (6383) Earnings: FY Operating Income Forecast Up, Estimates Missed

By | Earnings Alerts
  • Daifuku forecasts FY operating income at 56 billion yen, up from a previous forecast of 52 billion yen but below the estimate of 72 billion yen.
  • Projected net income is 42 billion yen, higher than the previous forecast of 39 billion yen but below the estimate of 53.84 billion yen.
  • Dividend is set at 40 yen, compared to a previous forecast of 37 yen and an estimate of 48.38 yen.
  • Net sales are still expected to be 550 billion yen, below the estimate of 669.09 billion yen.
  • First quarter operating income was 16.40 billion yen, up from 8.22 billion yen year-over-year, but below the estimate of 17.92 billion yen.
  • First quarter net income reached 12.87 billion yen, marking a 79% increase year-over-year.
  • First quarter net sales were 145.09 billion yen, a 7.8% increase year-over-year, but below the estimate of 169.96 billion yen.
  • Sales are progressing smoothly both domestically and overseas due to a strong order backlog.
  • Profits are expected to exceed the May 10, 2024 business forecast due to successful cost pass-throughs for higher raw material and labor costs, cost reductions, and faster progress on high-profit projects.
  • Analyst recommendations include 14 buys, 3 holds, and 0 sells.

Daifuku Co Ltd on Smartkarma

Analyst coverage of Daifuku Co Ltd on Smartkarma, an independent investment research network, highlights a bullish sentiment from Mark Chadwick. In his report, titled “Daifuku (6383) | Time to Pick up Global Leader,” Chadwick points out that Daifuku’s recent share price decline provides an attractive entry point for investors. He emphasizes the growth potential in warehouse automation and anticipates an order recovery in the electronics segment. Chadwick believes that Daifuku, a key player in warehouse automation set to benefit from a growing industry, presents a compelling opportunity for investors.


A look at Daifuku Co Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience4
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

Daifuku Co Ltd, a company specializing in material handling equipment, presents a mixed long-term outlook based on its Smartkarma Smart Scores. While scoring moderate ratings in Value and Dividend at 2, indicating average performance in these areas, Daifuku Co Ltd shines in terms of Growth and Resilience, scoring 3 and 4 respectively. This suggests a positive trajectory for the company in terms of expanding its operations and demonstrating resilience in challenging market conditions. Despite these strengths, the company lags behind in Momentum with a score of 2, indicating a slower pace of growth compared to its peers.

Looking ahead, Daifuku Co Ltd appears well-positioned to capitalize on growth opportunities and withstand market uncertainties, supported by its strong emphasis on innovation and adaptability in the material handling sector. Investors may find potential in the company’s ability to drive growth and navigate through changes in the industry landscape, although it is important to consider the implications of its lower momentum score for future 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.
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KEPCO (015760) Earnings: 2Q Operating Profit Surpasses Estimates with 1.25 Trillion Won

By | Earnings Alerts
  • Operating Profit: Kepco achieved an operating profit of 1.25 trillion won in Q2 2024. This is a significant turnaround from a loss of 2.27 trillion won in the same quarter last year and higher than the estimated 1 trillion won.
  • Net Profit: The company’s net profit was 65.09 billion won. This contrasts sharply with a loss of 1.90 trillion won in Q2 2023, although it slightly missed the estimate of 66.21 billion won.
  • Sales Growth: Kepco’s sales reached 20.47 trillion won, marking a 4.3% increase year-on-year. However, this figure fell short of the estimated 20.78 trillion won.
  • Analyst Ratings: The stock is highly rated by analysts, with 17 buy ratings, 2 hold ratings, and no sell ratings.

A look at Korea Electric Power (KEPCO) Smart Scores

FactorScoreMagnitude
Value5
Dividend1
Growth3
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

When looking at the Smartkarma Smart Scores for Korea Electric Power Corporation (KEPCO), the company seems to have a strong value proposition, scoring a 5 in that category. This indicates that the company is potentially undervalued based on its intrinsic value. However, in terms of dividends, KEPCO scores lower with a 1, suggesting a lower payout ratio compared to other factors.

Furthermore, for growth, resilience, and momentum, KEPCO scores 3 in growth and momentum, and 2 in resilience. This means the company has moderate potential for growth and momentum but may face challenges in terms of resilience. Overall, considering its focus on generating, transmitting, and distributing electricity in South Korea along with operating various power units, KEPCO’s long-term outlook appears to be positive, particularly in terms of value and growth potential.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Nippon Paint Holdings (4612) Earnings: 2Q Operating Income Surpasses Estimates, Net Income Up 1.4%

By | Earnings Alerts
  • Operating income for Nippon Paint in 2Q 2024 is 51.83 billion yen, up 6.1% year-over-year, beating the estimate of 47.81 billion yen.
  • Net income is 36.06 billion yen, a 1.4% increase year-over-year, surpassing the estimated 28.9 billion yen.
  • Net sales climbed to 432.82 billion yen, marking a 19% rise year-over-year, and exceeded the estimate of 404.28 billion yen.

Year Forecast:

  • Nippon Paint maintains its operating income forecast at 184.00 billion yen, close to the estimated 183.59 billion yen.
  • Net income is projected to be 124.00 billion yen, slightly below the estimate of 129.93 billion yen.
  • The company continues to anticipate net sales of 1.60 trillion yen, higher than the estimate of 1.58 trillion yen.
  • Dividend forecast remains at 15.00 yen, slightly less than the estimated 15.65 yen.

Ratings:

  • Analysts’ ratings include 5 buys and 6 holds; there are no sell ratings.

Comparisons to past results are based on values reported by the company’s original disclosures.


Nippon Paint Holdings on Smartkarma

On Smartkarma, independent analyst Steve Zhou, CFA, recently covered Nippon Paint Holdings in a bullish report titled “Nippon Paint (4612 JP): Strong 1Q24; Overlooked Proxy For China Property.” The report highlighted that China accounted for 40% of Nippon Paint’s operating profit in the first quarter of 2024. Nippon Paint stands out as the dominant player in decorative paint in China, commanding a 25% market share in 2023 according to TUC. Zhou noted that amid news of China potentially intervening in the property market by encouraging local governments to purchase unsold homes, Nippon Paint Holdings could offer investors exposure to the Chinese property sector with a measure of downside protection.


A look at Nippon Paint Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience2
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

When looking at the long-term outlook for Nippon Paint Holdings, it appears to have a promising future ahead. According to Smartkarma’s Smart Scores, the company scores well in areas such as growth, value, and resilience. With a solid score of 4 in growth, Nippon Paint Holdings is positioned to expand and develop in the future. Alongside this, the company also demonstrates value with a score of 3, indicating that it may be seen as an attractive investment opportunity. While the scores for dividend, resilience, and momentum are slightly lower, the overall outlook for Nippon Paint Holdings seems positive.

As a company that produces a wide range of paints for automobiles, ships, and industrial purposes, Nippon Paint Holdings exhibits diversified operations. Additionally, its manufacturing of fine chemicals further enhances its product offerings. With a strong emphasis on growth and value, Nippon Paint Holdings appears to be on a trajectory towards sustainable development and potential success in the long run. Investors may find the company’s overall outlook appealing, considering its robust performance in key areas according to the Smart Scores analysis.


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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KT&G Corporation (033780) Earnings: 2Q Operating Profit Surges 32% Year-Over-Year, Exceeding Estimates

By | Earnings Alerts
  • KT&G reported a 32% increase in operating profit for Q2 2024, reaching 321.48 billion won, surpassing the estimated 270.49 billion won.
  • Net profit surged by 60% year-over-year, totaling 316.96 billion won, exceeding the expected 236.53 billion won.
  • Sales rose by 6.6%, amounting to 1.42 trillion won, slightly beating the projected 1.4 trillion won.
  • Analyst ratings for the company include 19 buys, 3 holds, and 0 sells.

KT&G Corporation on Smartkarma



Analyst coverage of KT&G Corporation on Smartkarma is gaining attention from investors. Douglas Kim, a prominent analyst, recently published a research report titled “KT&G: A Strong Candidate for Outperformance Amid Increased Signs of Market Fears“. Kim’s bullish sentiment highlights KT&G as a potential outperformer, especially amidst rising market concerns.

In the report, Kim emphasizes KT&G Corporation‘s (033780 KS) positive outlook, noting the company’s potential for growth amid market uncertainties. One key insight provided is the likelihood of cigarette price hikes in Korea in the second half of 2024. Additionally, KT&G’s shareholder return policy, aiming to deliver significant cash dividends and share buybacks, underscores the company’s commitment to enhancing shareholder value in the coming years.



A look at KT&G Corporation Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience4
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

Based on the Smartkarma Smart Scores, KT&G Corporation has a positive long-term outlook. With a high Dividend score of 5, investors can expect strong dividend payouts from the company. This is complemented by solid scores in Resilience and Momentum, indicating a stable performance and positive market trends. While the Value and Growth scores are moderate, the overall outlook remains favorable for KT&G Corporation.

KT&G Corporation, known for its involvement in the tobacco and ginseng products industry, also diversifies into real estate development. This diversification could potentially provide additional sources of revenue and long-term sustainability for the company. With a balanced combination of high dividend payouts, resilience, and positive market momentum, KT&G Corporation appears well-positioned for sustainable growth in the future.

### Summary: KT&G Corporation processes, produces, and sells cigarettes and other tobacco products. The Company, through its subsidiaries, manufactures ginseng products such as red ginseng tea and herbal medicines. KT&G is also involved in real estate development of its former factory sites. ###


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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