Earnings Alerts

Fuyao Group Glass Industr A (600660) Earnings Meet Expectations with FY Revenue of 33.16 billion yuan

  • Fuyao Glass’ FY revenue met the estimated amount.
  • The revenue amounted to 33.16 billion yuan, slightly above the estimated 33.05 billion yuan.
  • The company’s net income was 5.63 billion yuan.
  • Its Earnings Per Share (EPS) was 2.16 yuan.
  • There were 19 buys, 2 holds, and no sells for Fuyao Glass’ stocks.

A look at Fuyao Group Glass Industr A Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.8

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

The long-term outlook for Fuyao Group Glass Industr A is looking positive, according to the Smartkarma Smart Scores. With a score of 5 for growth and momentum, the company is expected to continue expanding and gaining momentum in the market. This is supported by its international presence and diverse product range, which includes automobile glass, decorated glassware, and industrial glassware.

In terms of value, Fuyao Group Glass Industr A has a score of 2, indicating that it may be slightly overvalued compared to its competitors. However, with a score of 4 for dividend, the company is still providing a good return to its shareholders. This shows that despite its potential overvaluation, Fuyao Group Glass Industr A is still a strong and stable company.

Furthermore, the company has a resilience score of 3, meaning it has the ability to withstand economic downturns and market fluctuations. This is likely due to its diversified product range and international reach. Overall, Fuyao Group Glass Industr A has a promising outlook for the long-term, with high scores in growth and momentum and a solid foundation in terms of resilience and dividend payout.

Based on the company’s description, Fuyao Group Glass Industr A is a leading manufacturer and distributor of automobile glass, decorated glassware, and other industrial glassware. Its international presence allows it to reach a wide market and its diverse product range makes it a strong player in the industry. With a focus on growth and momentum, the company is expected to continue expanding and providing good returns to its shareholders.


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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