- HD Hyundai Heavy’s operating profit for the second quarter of 2024 is 195.6 billion won.
- This is a significant increase from the 68.5 billion won reported in the same quarter the previous year.
- The operating profit estimate was 98.94 billion won, meaning actual results far exceeded expectations.
- The net profit for the quarter stands at 154.1 billion won.
- This is a remarkable improvement from the 24.1 billion won net profit recorded the previous year.
- The net profit estimate was 63.33 billion won, indicating actual performance was much better than anticipated.
- Sales for the quarter reached 3.88 trillion won, marking a 27% increase year-over-year.
- The sales estimate was 3.3 trillion won, showing positive outperformance.
- The company currently has 19 buy ratings, 0 hold ratings, and 2 sell ratings from analysts.
- Comparisons to past results are based on values reported by the company in its original disclosures.
A look at HD Hyundai Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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
HD Hyundai Co.,Ltd., an oil refining company, seems to have a promising long-term outlook based on the Smartkarma Smart Scores. With a high score in Dividend and Growth, investors may be attracted to the company’s potential for providing regular dividends and strong growth prospects. Additionally, a solid score in Momentum suggests that the company is currently performing well in the market, indicating positive investor sentiment.
However, HD Hyundai’s lower score in Resilience raises some concerns about its ability to withstand economic downturns or unexpected challenges. Despite this, the company’s overall outlook appears positive, especially with a strong emphasis on value. Investors eyeing long-term investments may find HD Hyundai an appealing option due to its impressive performance in key areas such as dividend yield and growth potential.
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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