- GigaDevice Semiconductor reported a net income of 1.10 billion yuan for the fiscal year.
- Analysts estimated the net income to be slightly higher at 1.11 billion yuan.
- The company’s revenue for the fiscal year amounted to 7.36 billion yuan.
- Revenue fell slightly short of the analyst estimate of 7.44 billion yuan.
- Market sentiment remains strong with 25 buy ratings.
- There are 2 hold ratings and no sell ratings from analysts.
A look at GigaDevice Semiconductor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
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, GigaDevice Semiconductor shows a positive long-term outlook. With a strong score of 5 for Momentum and 4 for Resilience, the company demonstrates robust trends and stability in the market. Additionally, a Growth score of 3 indicates potential for expansion and development in its product offerings.
However, the company receives lower scores in Value and Dividend, with ratings of 2 and 1 respectively. This suggests that GigaDevice Semiconductor may have some areas to improve in terms of value proposition and dividend distribution to investors.
In summary, GigaDevice Semiconductor Inc. is a manufacturer and distributor of non-volatile memory devices including memory cards, controllers, flash chips, and integrated circuits. The company also engages in import and export businesses, showcasing a diverse portfolio of products and services.
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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