Earnings Alerts

Cheng Shin Rubber Ind Co., Ltd. (2105) Earnings Rise with May Sales Hitting NT$8.14 Billion

  • Cheng Shin Rubber reported sales of NT$8.14 billion for May 2024.
  • Sales saw a slight increase of 0.01% compared to previous periods.
  • Analyst recommendations show 4 buys, 2 holds, and 0 sells for Cheng Shin Rubber stock.

A look at Cheng Shin Rubber Ind Co., Ltd. Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience3
Momentum3
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

Analysts reviewing the Smart Scores for Cheng Shin Rubber Ind Co., Ltd. indicate a positive long-term outlook for the company. With a strong Value score of 4, the company is deemed to be trading at an attractive valuation compared to its peers. Additionally, its Dividend score of 3 suggests a moderate but stable dividend payout, appealing to income-focused investors.

The Growth, Resilience, and Momentum scores, each at 3, show a consistent performance across these areas. Cheng Shin Rubber Ind Co., Ltd. has been steady in its growth trajectory, has demonstrated resilience in the face of market challenges, and is maintaining a stable momentum, all contributing to a favorable outlook for the company in the foreseeable future.

Summary: Cheng Shin Rubber Industry Co., Ltd. produces a variety of tires including bicycle, radial, bias, motorcycle, agricultural, and industrial tires. Its products are marketed in Taiwan and are also exported to North America and Europe.


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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