Far Eastern New Century (1402) Earnings: 1H Net Income Reaches NT$5.03 Billion, EPS at NT$1.00

Far Eastern New Century on Smartkarma

Analyst coverage of Far Eastern New Century on Smartkarma has been provided by Janaghan Jeyakumar, CFA. In the research report titled “Quiddity TDIV/50/100 Jun 24 Rebal: 15/18 Hits; Updated Flow Expectations and Trade Ideas,” the analyst estimates a one-way flow for the TDIV June 2024 rebalance to be around US$1.08bn, with a turnover of 17%. The report suggests that the top outflow names are likely to outperform the top inflow names. Market changes for the T50/100 index family and the TDIV index were confirmed after the market closed on Friday, 7th June 2024. While the T50 and T100 index changes were as expected, there were unexpected changes among the TDIV index. The insight offers a view on Quiddity’s final flow expectations for the June 2024 rebalance event and potential trade ideas based on the flow dynamics.

A look at Far Eastern New Century Smart Scores

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 using Smartkarma Smart Scores have assessed Far Eastern New Century‘s long-term outlook across various key factors. The company has received solid scores across several areas, with top marks for its value and a commendable score for dividends. This indicates that Far Eastern New Century is considered a strong contender in terms of providing value to investors and returning profits through dividends.

Although the company has shown positive momentum and growth potential, its resilience score is comparatively lower. Far Eastern New Century‘s primary focus is on manufacturing and marketing textile products, including a range of materials and garments. The company also ventures into the sale of cellular phones and accessories through its subsidiary companies. Overall, with its balanced scores in different areas, Far Eastern New Century seems to offer investors a blend of value, dividends, and growth prospects for 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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