Earnings Alerts

Analyzing Far Eastern New Century (1402) Earnings: March Sales Reach NT$22.86B with Stable Investment Outlook

  • Far East New Cen had sales of NT$22.86 billion in March.
  • There was a minor decline in sales of -0.2%.
  • Investment sentiment towards Far East New Cen is generally positive, with 1 buy rating, 3 hold ratings, and no sell ratings.

A look at Far Eastern New Century Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience2
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

Far Eastern New Century Corporation, a company in the textile industry, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a top score in Value and strong performances in Dividend and Momentum, the company appears well-positioned for growth and stability.

Despite facing challenges in terms of Resilience, Far Eastern New Century‘s overall outlook seems positive, especially with its focus on producing polyester materials, yarns, fabrics, and garments. The company’s diversified product portfolio, which includes cell phones and accessories, enhances its potential for sustained success in the market.


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