Earnings Alerts

Alchip Technologies (3661) Earnings Soar: August Sales Hit NT$4.67B with 89.4% Growth

By September 10, 2024 No Comments
  • Alchip Tech reported August sales of NT$4.67 billion.
  • Sales increased by a significant 89.4% compared to previous figures.
  • Analysts’ recommendations include 17 buys, 1 hold, and 0 sells.

A look at Alchip Technologies Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
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

Based on the Smartkarma Smart Scores, Alchip Technologies shows a promising long-term outlook. With a high Growth score of 5 and a Resilience score of 5, the company is positioned for strong expansion and ability to weather economic challenges. Additionally, Alchip scores well in Momentum with a score of 4, indicating positive market trends. Although the Value and Dividend scores are moderate at 2, the company’s focus on innovation and market adaptability bodes well for its future performance.

Alchip Technologies Ltd. specializes in silicon design and manufacturing services, catering to various industries like consumer electronics and medical imaging equipment. Their diverse range of system on chip (SoC) design solutions, emphasizing low power and high performance, highlights their commitment to meeting evolving market needs. With a global customer base, Alchip is well-positioned to capitalize on the increasing demand for innovative semiconductor solutions in the tech-driven world.


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


 

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

Sign Up for Free

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

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