Earnings Alerts

Hangzhou First Applied Material-A (603806) Earnings: 1H Net Income Soars to 928.5M Yuan on 10.76B Revenue

  • Net Income: Hangzhou First reported a net income of 928.5 million yuan for the first half of 2024.
  • Revenue: The company generated a revenue of 10.76 billion yuan during the same period.
  • Analyst Ratings: The stock has 26 buy ratings, 3 hold ratings, and 1 sell rating.

A look at Hangzhou First Applied Material-A Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience4
Momentum2
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

Hangzhou First Applied Material Company Limited, a developer and manufacturer of EVA solar cell film, polyamide hot-melt adhesive film, and solar battery panel, presents a mixed long-term outlook according to Smartkarma Smart Scores. With a strong emphasis on growth and resilience, scoring 4 in both categories, the company shows promise in expanding its operations and weathering market challenges. However, its momentum score of 2 suggests a potential sluggishness in short-term performance and investor sentiment. Both its value and dividend scores stand at a moderate 3, indicating a stable financial position and dividend policy.

In summary, despite facing some momentum challenges, Hangzhou First Applied Material-A demonstrates solid potential for growth and resilience in the long term. With its focus on developing and selling innovative products for the solar energy industry, the company’s overall outlook is positive, backed by favorable scores in growth and resilience. Investors may find value in monitoring how the company navigates its momentum score to capitalize on its strong foundation.


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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