Earnings Alerts

Foxconn Technology Corp (2354) Earnings: 1H Net Income Hits NT$1.71 Billion, EPS NT$1.21

  • Net Income: Foxconn Technology reported a net income of NT$1.71 billion for the first half of 2024.
  • Operating Profit: The company’s operating profit stood at NT$483.3 million during this period.
  • Earnings Per Share (EPS): Foxconn Tech recorded an EPS of NT$1.21.
  • Revenue: Total revenue for the first half of the year was NT$22.36 billion.
  • Analyst Recommendations: There was 1 hold and 1 sell recommendation for Foxconn Technology, with no buy recommendations.

A look at Foxconn Technology Corp Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth3
Resilience5
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

Based on the Smartkarma Smart Scores, Foxconn Technology Corp has received high ratings for its value and resilience, both scoring a 5. This indicates that the company is considered to be undervalued and has solid financial health to weather economic uncertainties. However, its dividend and growth scores are moderate at 3, suggesting room for improvement in these areas. Additionally, with a momentum score of 4, Foxconn is showing steady performance in the market.

As a global engineering solutions partner specializing in lightweight, eco-friendly casing and mechanical parts, heat dissipation modules, and electronics components, Foxconn Technology Corp is positioned to leverage its strengths in the long term. With a strong emphasis on value and resilience, coupled with a decent momentum, the company appears to have a promising outlook for the future as it continues to innovate and adapt to changing market conditions.


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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