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Smartkarma Newswire

Kyowa Kirin Co Ltd (4151) Earnings Review: 1Q Net Income Underperforms Estimates Despite 15% YoY Increase

By | Earnings Alerts
  • First quarter net income for Kyowa Kirin was 14.63 billion yen, which marks a 15% increase y/y, however it was still below the estimate of 15.1 billion yen.
  • Net sales amounted to 105.57 billion yen, a 13% increase y/y, but again short of the predicted 107.56 billion yen.
  • R&D expenses drastically increased by 40% y/y to the sum of 23.32 billion yen.
  • Core operating profit saw a moderate increase of 2.5% from the previous year, totaling 17.40 billion yen.
  • Despite these figures, the year forecast remains optimistic. The expected net income is still 63.00 billion yen, although slightly less than the predicted 66.01 billion yen.
  • The net sales estimate stands at 473.00 billion yen, a tad higher than the 472.14 billion yen projected earlier.
  • Dividend forecasts remain consistent at 58.00 yen, only slightly off the estimated 58.40 yen.
  • The company currently has 5 buys, 7 holds, and 0 sells.
  • All these comparisons are based on the values reported by the company in its original disclosures.

Kyowa Kirin Co Ltd on Smartkarma

Analyst coverage of Kyowa Kirin Co Ltd on Smartkarma has been positive, with research reports highlighting recent portfolio strengthening initiatives aimed at accelerating long-term growth. Tina Banerjee‘s report titled “Kyowa Kirin (4151 JP): Recent Portfolio Strengthening Initiatives to Accelerate Long-Term Growth” discusses the company’s partnership with Bridgebio for infigratinib in Japan and enrollment of the first patient in a Phase 2 trial for tivozanib eye drops for DME. While the top-selling drug Crysvita is performing well, higher R&D expenses are expected to impact near-term profits, as outlined in the report.


A look at Kyowa Kirin Co Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend3
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

Kyowa Kirin Co Ltd, a pharmaceutical company, has been assessed using the Smartkarma Smart Scores. The company received a strong score of 5 in Resilience, indicating its ability to withstand challenges. With a Growth score of 4 and Momentum score of 4, Kyowa Kirin shows promising signs of expansion and market performance. While Value and Dividend scores are at a steady 3, suggesting a balanced financial standing. Overall, Kyowa Kirin Co Ltd‘s outlook appears positive for the long-term, especially with its solid Resilience rating.

Based on the provided Smartkarma Smart Scores, Kyowa Kirin Co Ltd is positioned well for future growth and stability. Its focus on pharmaceuticals, including innovative products developed using genetic technology, demonstrates a commitment to advancement in the industry. With a balanced performance across various factors, Kyowa Kirin has the potential to continue its upward trajectory and establish itself as a key player in the pharmaceutical 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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BP PLC (BP/) Earnings: Adjusted Ebit Surpasses Estimates in 1Q Results

By | Earnings Alerts
  • BP’s 1Q adjusted Ebit surpassed estimates, coming in at $5.95 billion over the estimated $5.85 billion.
  • The adjusted oil production & operations PBIT was $3.13 billion, slightly under the estimated $3.23 billion.
  • Adjusted gas & low carbon energy PBIT exceeded expectations at $1.66 billion, compared to an estimate of $1.62 billion.
  • Adjusted other businesses & corporate PBIT reduced losses to $154 million, an improvement over the estimated loss of $209.3 million.
  • The adjusted customers & products PBIT stood at $1.29 billion, surpassing the expected figure of $1.12 billion.
  • BP’s adjusted net income was $2.72 billion, falling a bit short of the $2.92 billion estimate.
  • Attributable profit amounted to $2.26 billion.
  • Capital expenditure totalled $3.72 billion, lower than the anticipated $4.17 billion.
  • Organic capex was slightly higher at $3.98 billion.
  • Operating cash flow was reported at $5.01 billion, lower than the estimated $6.72 billion.
  • Net debt rose to $24.02 billion, exceeding the estimate of $21.65 billion.
  • Inclusive of leases, the net debt was at $34.94 billion, also surpassing the estimated $32.43 billion.
  • Debt gearing was reported at 22%, slightly higher than the estimated 20.7%.
  • Adjusted EPS was reported at 16.24c, lower than the estimated 17.44c.
  • The dividend per share was declared at 7.270c, nearly meeting the estimate of 7.300c.
  • 14 buys, 5 holds and 2 sells were recorded

A look at BP PLC Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
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

BP plc, an oil and petrochemicals company, presents a favorable long-term outlook based on the Smartkarma Smart Scores. With strong scores in Growth and Dividend of 5 and 4 respectively, BP is positioned well for future expansion and steady dividend payouts. Additionally, its Momentum score of 4 indicates positive price trends in the market, reflecting investor confidence in the company’s prospects. While Value and Resilience scores are not as high at 3 each, the overall outlook remains promising for BP.

Within its operations, BP explores for and produces oil and natural gas, refines and markets petroleum products, generates solar energy, and manufactures a variety of chemicals including terephthalic acid, acetic acid, and ethylene. With a diverse portfolio, BP demonstrates a strong presence in multiple sectors, contributing to its favorable Growth and Dividend scores. Overall, BP plc’s Smartkarma Smart Scores suggest a bright future ahead 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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Exploring United Microelectronics Corp (2303) Earnings: An In-depth Analysis of April’s NT$19.74B Sales Increase

By | Earnings Alerts
  • UMC reported April sales of NT$19.74 billion.
  • There was an increase in sales by +6.93%.
  • Out of a total of 30 reviews, 18 recommended buying, 9 recommended holding, and 3 suggested selling UMC shares.

United Microelectronics Corp on Smartkarma

Analysts on Smartkarma are closely watching United Microelectronics Corp (UMC) with varied sentiments. Patrick Liao‘s bullish insights indicate a positive outlook for UMC, with potential developments such as the Singapore Fab Expansion receiving strong support and an improving 2Q24F outlook. However, Liao also notes a downside in the current 2Q24F outlook, signaling a potential decline of 5-10% QoQ due to deteriorating demand.

Andrew Lu‘s analysis delves into UMC’s collaboration with Intel, highlighting the use of UMC’s 12nm design rule for producing various products. The partnership involves Intel providing significant capacity to UMC, further enhancing UMC’s production capabilities. This collaborative effort sheds light on the evolving strategies within the semiconductor industry and the potential benefits for both Intel and UMC.


A look at United Microelectronics Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE4.0

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

United Microelectronics Corp, a company focused on designing and manufacturing integrated circuits and electronic products, seems to have a positive long-term outlook based on various factors. With a high score in Dividend and strong scores in Value, Growth, Resilience, and Momentum, the company appears to be well-positioned for future success. The top scores in Dividend and its robust performance in Value, Growth, and Resilience indicate a stable financial standing and potential for growth in the market.

Specializing in a range of IC products, including consumer electronics, memory, personal computer peripherals, and communication ICs, United Microelectronics Corp‘s solid Smart Scores reflect a company with good potential in different areas. While there may be room for improvement in Momentum, overall, the company’s outlook looks optimistic for the long run. Investors may find United Microelectronics Corp an attractive opportunity given its strong performance across key factors.


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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JFE Holdings (5411) Earnings: FY Net Income Forecast Misses Estimates Despite Q4 Income Rising by 85%

By | Earnings Alerts

•JFE’s forecasted net income missed predictions, with an expected 220.00 billion yen instead of the estimated 232.4 billion yen.

•The company also anticipates slightly lower net sales than estimated – 5.39 trillion yen versus the forecasted 5.41 trillion yen.

•JFE’s expected dividend is marginally lower than estimates, with a predicted 110.00 yen compared to the estimated 110.62 yen.

•The company’s fourth quarter results show a net income of 34.50 billion yen, an 85% increase year over year, though slightly lower than the estimated 36.35 billion yen.

•JFE’s net sales for Q4 amounted to 1.31 trillion yen, representing a decrease of 3.8% from the previous year, and less than the forecasted 1.35 trillion yen.

•In the investment sector, JFE has 7 ‘buys’, 6 ‘holds’, and no ‘sells’. This information indicates strong confidence amongst investors regarding the company’s potential growth.

•The financial data and comparisons provided are based on figures reported by from JFE’s original corporate disclosures.


A look at JFE Holdings Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE4.0

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

According to Smartkarma Smart Scores, JFE Holdings is positioned for a promising long-term outlook. With top scores in Value and Dividend, the company demonstrates strong fundamentals and a commitment to rewarding investors. Additionally, above-average scores in Growth and Momentum indicate potential for future expansion and market performance. However, the Resilience score of 2 suggests some vulnerability to market fluctuations, which investors should consider.

JFE Holdings, Inc., formed from the merger of NKK Corp and Kawasaki Steel Corp, operates as a holding company overseeing subsidiaries engaged in steel production and integrated engineering services. With a solid foundation in value and dividends, coupled with growth and momentum potential, JFE Holdings presents an optimistic outlook for investors seeking long-term opportunities in the steel 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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Ricoh Company Ltd (7752) Earnings Forecast Misses Estimates – An In-Depth Analysis of Q4 Results and FY Operating Income

By | Earnings Alerts
  • Ricoh’s operating income forecast for the financial year falls below estimates, predicting 70.00 billion yen against an estimate of 86.3 billion yen.
  • The company’s net income forecast is also below expectations at 48.00 billion yen, versus an estimated 60.89 billion yen.
  • However, Ricoh exceeds net sales predictions with a forecast of 2.50 trillion yen, compared to an estimate of 2.38 trillion yen.
  • The projected dividend is 38.00 yen, which is less than the estimated 43.10 yen.
  • Moving on to the fourth quarter results, the operating income is 24.87 billion yen. This represents a year-on-year decrease of 36%.
  • The net income for the same period is 13.90 billion yen, which is a 48% decline compared to the previous year.
  • Surpassing expectations, the net sales for the fourth quarter is 651.30 billion yen, marking a year-on-year increase of 7.6%.
  • In terms of investment rating, there are 3 buy recommendations, 6 hold recommendations, and 0 sell recommendations for Ricoh.

A look at Ricoh Company Ltd Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE4.2

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

Based on the Smartkarma Smart Scores, Ricoh Company Ltd shows a promising long-term outlook. With high scores in Growth and Momentum, the company is positioned well for future expansion and market performance. Additionally, strong scores in Value and Dividend indicate sound financial health and potential for returns for investors.

Ricoh Company Ltd manufactures and markets a wide range of office automation equipment, electronic devices, and photographic instruments globally. With a solid product line that includes printers, digital cameras, and copiers, combined with a strong network of sales offices worldwide, Ricoh is poised for continued success 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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Kawasaki Kisen Kaisha (9107) Earnings Forecast: FY Operating Income Beats Expectations, Surpassing Past Results

By | Earnings Alerts
  • Kawasaki Kisen’s forecasted operating income for FY is 93.00 billion yen, higher than the estimated 91.84 billion yen.
  • The company’s net income forecast stands at 120.00 billion yen, nearly equal to the estimated 120.07 billion yen.
  • Kawasaki Kisen anticipates their net sales to reach 980.00 billion yen, surpassing the estimate of 939.12 billion yen.
  • Expected dividend is 85.00 yen, a marked increase from the projected 79.95 yen.
  • For the first half forecast, the company foresees net sales of 494.00 billion yen, operating income of 51.00 billion yen, and net income of 77.00 billion yen.
  • Fourth quarter results show an operating income of 14.61 billion yen, indicating a recovery from a loss of 1.74 billion yen the same quarter last year.
  • Net income for the fourth quarter is 30.78 billion yen, marking a decline of 46% year over year.
  • The fourth quarter net sales have increased by 16% from last year, reaching 246.94 billion yen.
  • Despite various positive signals, the company received 0 buys, 7 holds, and 3 sells.
  • All comparisons to past results are based on values previously reported by the company.

A look at Kawasaki Kisen Kaisha Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE4.2

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

Analysts utilizing Smartkarma Smart Scores have indicated a positive long-term outlook for Kawasaki Kisen Kaisha, Ltd., an international company specializing in marine cargo and passenger transportation. The company has received high scores in areas of Dividend and Growth, indicating strong potential for future dividends and expansion. Additionally, its Value and Momentum scores reflect favorable market positioning, further bolstering confidence in its performance.

Kawasaki Kisen Kaisha also demonstrates resilience in the face of challenges, with a decent score in that category. Overall, the company’s diverse range of services, including ocean liner, bulk carrier, car carrier, and energy transportation, coupled with additional offerings such as insurance and warehousing, position it well for sustained growth and stability in the maritime 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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China Steel (2002) Earnings: 1Q Net Income Misses Estimates

By | Earnings Alerts
  • China Steel reports 1st Quarter net income of NT$640.6 million, falling below the estimated NT$991.4 million.
  • The company’s operating profit was NT$768.5 million, short of the projected NT$1.07 billion figure.
  • However, China Steel managed to surpass revenue estimates, recording NT$93.75 billion as opposed to the estimated NT$92.11 billion.
  • Earnings per share (EPS) stood at NT$0.040, still below the expected NT$0.06.
  • In terms of stock performance, there are currently 4 buys, 8 holds, and 3 sells.

A look at China Steel Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience2
Momentum2
OVERALL SMART SCORE3.4

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

China Steel Corporation, a leading manufacturer of steel products, holds a strong long-term outlook based on its Smartkarma Smart Scores. With top scores in Value, Dividend, and Growth, the company is positioned well for sustained success in the market. The high Value score indicates that China Steel offers attractive investment opportunities, while its solid Dividend and Growth scores point towards stable returns and potential for expansion. However, the company’s lower scores in Resilience and Momentum suggest areas that may need further attention to enhance its overall performance and competitiveness.

China Steel Corporation specializes in the production and distribution of various steel products such as hot rolled coils, cold rolled coils, wire rods, steel plates, and steel bars. As reflected in its Smartkarma Smart Scores, the company’s strong focus on value, dividends, and growth bodes well for its future prospects in the steel industry. By addressing areas of resilience and momentum, China Steel can further fortify its position in the market and capitalize on emerging opportunities for sustained 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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Formosa Plastics (1301) Earnings Spike: April Sales Impressively Reaches NT$16.66B

By | Earnings Alerts
  • Formosa Plastics has shown a year-on-year increase in sales, at NT$16.66B in April, compared to NT$16.20B in the previous year.
  • This represents an increase of 2.9% in sales year on year.
  • On a monthly basis, the sales have improved by 2.87%
  • The market consensus is divided with 1 analyst advising to buy, 8 suggesting holding onto the stock, and 3 recommending selling.
  • All comparisons to past results have been concluded from values reported by the company’s original disclosures.

A look at Formosa Plastics Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
Resilience3
Momentum2
OVERALL SMART SCORE3.4

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

Formosa Plastics Corporation, a manufacturer of plastics materials and chemical fiber products, holds strong potential for long-term investors based on its Smartkarma Smart Scores. With top scores in Value and Dividend, signaling favorable pricing and income generation, the company demonstrates stability and profitability. However, its Growth and Momentum scores indicate areas for improvement, suggesting potential challenges in expanding and market performance. With a focus on resilience, Formosa Plastics shows moderate strength in navigating economic uncertainties. Overall, investors may find Formosa Plastics a dependable option with competitive value and dividend prospects.

Formosa Plastics Corporation, specializing in PVC resins, high-density polyethylene, and various chemical products, presents a mixed picture for long-term investment. While the company excels in terms of value and dividends, suggesting reliability and financial health, its Growth and Momentum scores are more subdued, hinting at possible slower development and market traction. With a focus on resilience, Formosa Plastics displays a moderate ability to weather challenges and sustain operations. Investors evaluating Formosa Plastics may find a solid foundation in its strong value and dividend performance, with room for growth and momentum enhancements in the future.

### Summary: Formosa Plastics Corporation manufactures and markets a wide range of plastics materials and chemical fiber products, including PVC resins, high-density polyethylene, acrylic fiber, and various chemicals. The company’s focus on resilience, value, and dividends presents a sturdy investment profile, though growth and momentum aspects could benefit from further development. ###


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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Formosa Petrochemical (6505) Earnings: April Sales Reach NT$50.72B with Positive Growth of +5.52%

By | Earnings Alerts
  • Formosa Petro reported April sales of NT$50.72 billion.
  • This represents a growth of +5.52% in sales.
  • Looking at the market optics, Formosa Petro has seen 3 buy recommendations, 8 hold recommendations, and 1 sell recommendation.

A look at Formosa Petrochemical Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth3
Resilience4
Momentum2
OVERALL SMART SCORE3.0

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

Formosa Petrochemical Corp., a company that refines crude oil and markets various petroleum and petrochemical products, is anticipated to have a positive long-term outlook based on its Smartkarma Smart Scores. With strong scores in value and resilience, Formosa Petrochemical is positioned well in terms of its financial health and ability to withstand economic uncertainties. Although the company’s growth and dividend scores are moderate, indicating room for improvement, its resilience score suggests stability and adaptability in challenging market conditions. However, the lower momentum score signifies a slower pace of price movements in the stock. Overall, Formosa Petrochemical‘s diversified operations and solid value proposition provide a foundation for potential long-term growth.

In summary, Formosa Petrochemical Corp. is engaged in refining crude oil, marketing petroleum products, and operating refineries and naphtha cracking plants to produce a range of essential products such as gasoline, diesel, jet fuel, and more. Additionally, the company owns utility centers and is involved in electricity generation. Moving forward, Formosa Petrochemical‘s Smartkarma Smart Scores highlight its strengths in value and resilience, suggesting a promising outlook for the company’s long-term performance despite moderate scores in growth, dividend, and momentum. With a foundation based on solid financial health and operational stability, Formosa Petrochemical is poised to navigate future market challenges effectively.


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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Exploring Formosa Chemicals & Fibre (1326) Earnings: Impressive April Sales Surge by 26%

By | Earnings Alerts
  • Formosa Chemicals reported sales of NT$32.15 billion in April.
  • The recorded sales for Formosa Chemicals indicated a 26% increase in sales.
  • According to analysts, the company was issued with 2 ‘buy’ ratings.
  • Apart from the ‘buy’ ratings, 8 analysts adopted a ‘hold’ stance on Formosa Chemicals.
  • The company also received 3 ‘sell’ ratings from analysts.

A look at Formosa Chemicals & Fibre Smart Scores

FactorScoreMagnitude
Value5
Dividend2
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

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Formosa Chemicals & Fibre Corporation, a company that specializes in manufacturing and marketing petrochemical products, nylon fiber, and rayon staple fiber, is showing a promising long-term outlook based on the Smartkarma Smart Scores. With an impressive Value score of 5, the company is deemed to offer favorable investment opportunities relative to its market price. While its Dividend and Momentum scores stand at 2, suggesting room for improvement, the Growth and Resilience scores of 3 indicate a moderate outlook for future expansion and stability.

Formosa Chemicals & Fibre‘s strategic positioning in the petrochemical and fiber market, with a strong presence in Taiwan and Asia through exports, coupled with its solid Value score, suggests a resilient and potentially lucrative investment option in the long run. Although areas like Dividend and Momentum may require attention, the company’s overall outlook appears positive for investors looking for long-term growth potential.

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Summary: Formosa Chemicals & Fibre Corporation is a manufacturing company that focuses on producing and selling petrochemical products, nylon fiber, and rayon staple fiber. The company has a significant market presence in Taiwan and exports its products to various Asian regions.


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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