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Smartkarma Newswire

Bajaj Auto Ltd (BJAUT) Earnings Report: May Vehicle Sales Marginally Up at 355,323 Units Despite Motorcycle Decline

By | Earnings Alerts
  • Bajaj Auto sold 355,323 vehicles in May 2024.
  • This is a slight increase from 355,148 vehicles sold in May of the previous year.
  • Motorcycle sales totaled 305,482 units in May 2024.
  • Motorcycle sales saw a minor decline of 0.7% year-over-year.
  • Exports reached 130,236 units in May 2024.
  • Exports grew by 2.8% compared to the previous year.
  • Analyst recommendations: 21 buys, 10 holds, and 13 sells.

Bajaj Auto Ltd on Smartkarma

Analyst coverage of Bajaj Auto Ltd on Smartkarma includes a report by Pranav Bhavsar titled “Postcard from Agra | India’s 3W EV Adaptation On the Ground“. Bhavsar delves into the swift electrification of three-wheelers in Agra, sharing firsthand insights from tier 2 and tier 3 locations. The report aims to offer readers a closer look at the evolving landscape of three-wheeler electrification through interactions in key channels in these areas, specifically focusing on Agra.


A look at Bajaj Auto Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience4
Momentum5
OVERALL SMART SCORE3.8

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

Bajaj Auto Ltd, a renowned manufacturer of motorized two-wheeled and three-wheeled vehicles, has been assessed using Smartkarma Smart Scores. With a stellar Dividend score of 5, investors can expect reliable and attractive dividend payouts from the company. This, coupled with a strong Momentum score of 5, suggests that Bajaj Auto Ltd is positioned well for potential growth in the long term.

Despite having a Value score of 2, indicating moderate valuation metrics, Bajaj Auto Ltd demonstrates resilience with a score of 4. This resilience factor, along with a Growth score of 3, implies that the company has the capability to withstand challenges and still maintain steady growth over the long run. Overall, Bajaj Auto Ltd presents a promising outlook for investors looking for a stable and growing investment option in the automotive sector.

The summary of the company:
### Bajaj Auto Limited manufactures and distributes motorized two-wheeled and three-wheeled scooters, motorcycles and mopeds. ###


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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Adani Ports & Special Economic Zone (ADSEZ) Earnings: May Cargo Volume Hits Record 35.8M Tons Amid Operational Recovery

By | Earnings Alerts
  • Adani Ports recorded a cargo volume of 35.8 million tons in May 2024.
  • In April and May, the company lost around 6 million tons of cargo due to the shutdown of Gangavaram Port.
  • Operations at Gangavaram Port have restarted, and there is confidence in recovering the lost volumes in the coming months.
  • Mundra Port handled 17.6 million tons of cargo in May 2024, the highest monthly volume ever recorded at any Indian port.
  • Mundra Port also managed a container volume of 700,000 TEUs (twenty-foot equivalent units) in May 2024.
  • Analysts’ recommendations for Adani Ports are overwhelmingly positive, with 19 buy ratings, 2 hold ratings, and no sell ratings.

Adani Ports & Special Economic Zone on Smartkarma

Analysts on Smartkarma have differing views on Adani Ports & Special Economic Zone. Leonard Law, CFA, in his report “Morning Views Asia: Adani Ports & Special Economic Zone“, expresses a bullish sentiment on the company’s performance. He highlights positive credit analysis and trade recommendations based on recent company-specific developments, indicating a favorable outlook.

On the other hand, Leonard Law, CFA, in a separate report titled “Adani Ports – Earnings Flash – FY 2023-24 Results – Lucror Analytics“, adopts a bearish stance. Despite Adani Ports’ strong revenue and EBITDA growth exceeding expectations and improved leverage, concerns about corporate governance issues within the broader Adani Group lead to a cautious view. Investors are advised to consider these divergent perspectives in their evaluation of Adani Ports & Special Economic Zone.


A look at Adani Ports & Special Economic Zone Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience2
Momentum3
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

Adani Ports & Special Economic Zone, operator of a key shipping port on India’s west coast, has received a promising overall outlook based on the Smartkarma Smart Scores. With a balanced combination of scores in various key factors, the company seems to be positioned well for the long term. While the Value and Resilience scores come in at a moderate level, the Dividend and Growth scores show slightly better prospects. Additionally, the Momentum score suggests positive movement for the company, indicating a healthy trajectory for Adani Ports & Special Economic Zone.

Adani Ports & Special Economic Zone‘s operations at its port, facilitating various cargo services, including bulk and containers, crude oil, and additional railway services, contribute to its strategic positioning in the industry. With a decent showing across the different Smartkarma Smart Scores, the company seems to have a well-rounded approach to its growth and stability in the market. Investors may find the combination of these scores appealing, as it indicates a certain level of attractiveness for long-term investment potential in Adani Ports & Special Economic Zone.


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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NIO (NIO) Earnings: May Deliveries Surge 32% with Strong Demand for Premium Electric Vehicles

By | Earnings Alerts
  • NIO Inc. reported May deliveries of 20,544 vehicles, marking a 32% increase month-over-month.
  • Deliveries of premium smart electric SUVs stood at 12,164, reflecting a 38% rise month-over-month.
  • Deliveries of premium smart electric sedans reached 8,380, up by 23% month-over-month.
  • Analyst ratings for NIO Inc. include 21 buys, 13 holds, and 1 sell.

NIO on Smartkarma

Analyst coverage of NIO on Smartkarma reveals bullish sentiments from Ming Lu and Caixin Global. Ming Lu‘s report titled “China Consumption Weekly: East Buy, NIO, Tencent, PDD, Alibaba, JD.com” discusses NIO’s plan to launch a second brand focusing on low-price products. Additionally, Tencent is reported to be reallocating assets to China Literature. Meanwhile, Caixin Global‘s report, “Nio Gears Up to Make Its Own EVs After Permit Approval, Equipment Purchases,” highlights NIO’s move towards independent manufacturing, with plans to acquire manufacturing assets following permit approval. This positive news signifies potential growth and innovation within the EV space for NIO.


A look at NIO Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth2
Resilience5
Momentum2
OVERALL SMART SCORE2.4

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, NIO’s long-term outlook appears promising. With a high resilience score of 5, the company shows strength in adapting to challenges and maintaining stability. This suggests NIO has the ability to weather uncertainties and navigate market fluctuations effectively. However, NIO’s value and growth scores are moderate at 2, indicating there may be room for improvement in terms of valuation and expansion opportunities. Additionally, the low dividend score of 1 suggests NIO may not be a strong option for investors seeking regular income through dividends. Momentum also stands at 2, indicating a steady but not rapid pace of positive performance.

NIO Inc., a company that focuses on manufacturing and selling electric vehicles and related parts, has a mixed outlook based on the Smartkarma Smart Scores. While the company excels in resilience, suggesting a capacity to endure and thrive in challenging conditions, areas such as value, growth, and dividend potential show room for enhancement. NIO’s momentum score sits at a moderate level, indicating consistent performance but not significant surges. As NIO continues to serve customers globally with its electric vehicle offerings and battery charging services, investors may want to monitor how the company progresses in improving its overall outlook 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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Li Auto (LI) Earnings: May Vehicle Deliveries Surge 24% with Strong Growth in Retail Network

By | Earnings Alerts
  • Vehicle Deliveries: Li Auto delivered 35,020 vehicles in May 2024.
  • Year-Over-Year Growth: This represents a 24% increase compared to May 2023, when 28,277 vehicles were delivered.
  • Total Stores: Li Auto now operates 487 stores.
  • Store Growth: The number of stores has increased by 55% year-over-year.
  • Analyst Ratings: The current analyst consensus includes 30 buys, 1 hold, and 1 sell.

Li Auto on Smartkarma

Analyst coverage of Li Auto on Smartkarma reveals a diverse range of opinions on the company’s performance and future prospects. Eric Wen‘s bullish outlook maintains a BUY rating for Li Auto, despite the decision to delay the BEV launch to 2025. The analyst highlights the company’s strengths in the SUV niche, healthy margin, and strong cash position, though the target price has been lowered to $25.

In contrast, Ming Lu‘s bearish perspective suggests a Sell rating for Li Auto due to negative operating profit and slowed revenue growth in 1Q24. Despite previous high growth and profit in 4Q23, the analyst now views the stock as overvalued compared to Tesla, recommending a cautious approach. Both analysts provide valuable insights into Li Auto’s performance, offering investors varying viewpoints to consider.


A look at Li Auto Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth5
Resilience5
Momentum2
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

Li Auto Inc. is showing a promising long-term outlook based on the Smartkarma Smart Scores. With a high Growth score of 5 and Resilience score of 5, the company appears to be well-positioned for sustained expansion and strong performance even in challenging times. Combining innovation with a focus on sustainability, Li Auto sets itself apart as a manufacturer of smart new energy electric sport utility vehicles in China.

While the Value score sits at a solid 3 and Momentum at 2, the company’s overall outlook seems positive. Despite a lower Dividend score of 1, investors may find value in Li Auto’s growth potential and ability to weather market fluctuations. As the automotive industry continues to evolve towards electric vehicles, Li Auto’s unique positioning could drive future success for the company.


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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Geely Auto (175) Earnings Surge: May Vehicle Sales Jump 38% Y/Y, Pure EV Sales Up 63%

By | Earnings Alerts
  • Geely Auto sold 160,658 vehicles in May 2024.
  • This represents a 38% increase compared to May 2023.
  • Sales of pure electric vehicles (EVs) reached 34,190 units, up 63% year-over-year.
  • Plug-in hybrid EV sales skyrocketed to 24,483 units from just 2,912 units last year.
  • Year-to-date vehicle sales stand at 789,645 units, marking a 45% increase from the same period in 2023.
  • Analyst ratings: 35 buys, 1 hold, and 0 sells.

A look at Geely Auto Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.4

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

Geely Auto, according to Smartkarma Smart Scores, shows a promising long-term outlook. With a strong Growth score of 4, the company is positioned well for future expansion and development. This indicates the potential for Geely Auto to thrive and increase its market presence over time. Additionally, the Resilience and Momentum scores of 4 each suggest that the company has the ability to withstand challenges and maintain its positive performance trajectory. Geely Auto‘s focus on these key areas bodes well for its sustained success in the passenger vehicles manufacturing sector.

Although Geely Auto‘s Value and Dividend scores are slightly lower at 3 and 2 respectively, the overall high scores in Growth, Resilience, and Momentum indicate that the company is on a solid strategic path. These scores highlight Geely Auto‘s proactive approach towards innovation and market adaptability. As a passenger vehicles manufacturing company with a global reach, Geely Auto is poised to leverage its strengths in growth and resilience to cement its position in the competitive automotive 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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BYD (1211) Earnings: May Sales Soar with 38% Y/Y Growth in Passenger Vehicles

By | Earnings Alerts
  • BYD reported passenger vehicle sales of 330,488 units in May 2024.
  • This represents a 38% increase compared to the same month last year when 239,092 units were sold.
  • Battery electric vehicle (BEV) sales stood at 146,395 units, marking a 22% increase year over year.
  • Plug-in hybrid electric vehicle (PHEV) sales reached 184,093 units, showing a significant 54% rise year over year.
  • Total vehicle sales for May 2024 were 331,817 units, a 38% increase compared to the previous year.
  • From January to May 2024, BYD sold 1.27 million vehicles, which is a 27% increase year over year.
  • Currently, BYD has 39 buy ratings, 1 hold rating, and 1 sell rating from analysts.

BYD on Smartkarma

On Smartkarma, analyst Ming Lu has provided a bullish outlook on BYD (1211 HK) in multiple recent reports. In the report titled “BYD (1211 HK): Low Growth in 1Q24, But March Sales and Homemade Batteries to Support a Strong Year,” Lu notes that although BYD‘s revenue growth has been slow, the recovery of sales volume in March indicates a strong year ahead. The analyst believes that BYD‘s homemade batteries will give the company a competitive edge in the price war.

In another report, “BYD (1211 HK) 1Q24 Preview: No Concern for Slow Quarter, To Achieve a Strong Year, 60% Upside,” Ming Lu remains optimistic about BYD‘s future performance. Despite expecting slow revenue growth in the first quarter of 2024, Lu foresees rapid growth for the full year. The operating margin is projected to reach a historical high in 1Q24, supporting the potential for a 60% upside by the end of 2024. Overall, the analyst recommends buying BYD shares based on these insights.


A look at BYD Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
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

Based on the Smartkarma Smart Scores, BYD shows a positive long-term outlook with strong ratings across various factors. With high scores in Growth and Momentum, the company is positioned for potential expansion and market performance. Additionally, its Resilience score indicates a capacity to withstand market fluctuations, adding a layer of stability to its overall outlook.

While the Value and Dividend scores are not as high as Growth and Momentum, they still contribute to a balanced evaluation of BYD‘s potential. Overall, the combination of these scores suggests that BYD Company Limited, known for its production of automobiles and batteries for various electronic devices, holds promise for investors seeking a company with growth and momentum 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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Ashok Leyland (AL) Earnings: May Vehicle Sales Surge 12% Year-over-Year to 14,682 Units

By | Earnings Alerts
  • Ashok Leyland reported vehicle sales for May 2024 at 14,682 units.
  • Compared to May 2023, sales increased by 12% when they sold 13,134 units.
  • Local sales for May 2024 stood at 13,852 units, also showing a 12% year-on-year increase.
  • Market analysts’ recommendations for Ashok Leyland include:
    • 28 buy recommendations
    • 7 hold recommendations
    • 8 sell recommendations
  • All comparisons are based on values reported in the company’s original disclosures.

A look at Ashok Leyland Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth5
Resilience2
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

When looking at the Smart Scores for Ashok Leyland, the company appears to have a strong long-term outlook. With high scores in Dividend and Growth, it suggests that Ashok Leyland is committed to rewarding its investors while also showing potential for future expansion and development. However, lower scores in Value and Resilience indicate that there may be areas for improvement in terms of the company’s financial health and ability to withstand economic challenges. The moderate Momentum score suggests a steady but not overly rapid pace of growth.

Ashok Leyland Limited, a manufacturer of medium and heavy duty commercial vehicles with a diverse product range that includes buses, tractors, haulage trucks, and defense sector vehicles, has a solid overall outlook based on its Smart Scores. Operating both domestically in India and internationally, the company’s strong focus on dividends and growth highlights its commitment to both investors and future expansion. While there are some areas for enhancement in terms of value and resilience, Ashok Leyland‘s momentum indicates a stable trajectory for long-term success in its 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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Top 10 Highlights from the APAC PE, VC and Startup Ecosystem this Week – 02 Jun 2024

By | Private Markets, Smartkarma Newswire

Top ten highlights from the APAC PE, VC, and startup ecosystem this week:

  1. Exit Deal Value Plummeted: Bain report shows exit deal value in Southeast Asia dropped by 60% to $2.8 billion in 2023, leading to a 70% decrease in the number of exits compared to the previous year.
  2. Tower Capital Asia’s Bullish Exit: Tower Capital Asia achieved a successful exit with Chinese medicine retailer Eu Yan Sang International, yielding an IRR in the top quartile.
  3. Southern Capital Group’s Sale: Southern Capital Group finalized the sale of the Australian subsidiary of Qualitas Medical Health Group, showcasing ongoing activity in the healthcare sector.
  4. Apis Partners’ Exit: London-based Apis Partners sold its stake in Southeast Asian payments provider GHL Systems Berhad to Japanese tech firm NTT DATA, marking its eighth exit.
  5. Growing Interest in Southeast Asia: Limited partners are showing increased interest in Southeast Asia due to its established market, diverse economies, and favorable corporate history.
  6. Malaysia’s PE Commitments: Malaysia’s public service retirement fund KWAP committed RM6 billion to its private equity strategy, while Ekuinas plans to launch a private credit fund.
  7. IFC’s Investment: International Finance Corporation is considering a $40 million investment in Actis’ new private equity fund focusing on climate transition in Asia.
  8. Taiwan’s Capital Commitments: Fubon Life Insurance and Cathay Life Insurance made $130 million in new capital commitments to private equity funds.
  9. China’s Semiconductor Fund: China established its third state-backed investment fund to boost the semiconductor industry with a registered capital of 344 billion yuan.
  10. Fundraising Success: EQT Private Capital Asia closed its mid-market fund at $1.6 billion, surpassing its initial target, while Seraya Partners plans to raise its second fund in the near future.

APAC Private Markets Research

Explore latest Insights on APAC Private Markets on Smartkarma


Disclaimer:This article by is general in nature and based on publicly available information and 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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