- Hino Motors’ FY operating income forecast missed estimates, projected at 20.00 billion yen against an estimate of 26.09 billion yen.
- Forecasted net sales are close to estimates: 1.60 trillion yen vs. 1.61 trillion yen.
- First Quarter Results:
- Operating income: 6.38 billion yen, significantly higher year-over-year (y/y) from 1.13 billion yen; exceeded the estimate of 4.06 billion yen.
- Net loss: Improved to 222.0 million yen, down 99% y/y; performed better than the estimated loss of 3.36 billion yen.
- Net sales: 411.06 billion yen, up 11% y/y; surpassed the estimate of 369.23 billion yen.
- Total sales for trucks and buses: 220.23 billion yen, a 9.3% increase y/y, beating the 196.43 billion yen estimate.
- Toyota Brand vehicle sales: 30.99 billion yen, a 62% surge y/y; close to the 31.48 billion yen estimate.
- Service parts sales: 42.24 billion yen, up 4.5% y/y, outperforming the 35.48 billion yen estimate.
- Domestic truck and bus market demand rose by 4.0% y/y due to improved parts supply and production recovery.
- Overseas truck and bus sales dropped by 10.7% y/y to 21,900 units, largely due to weaker performance in the ASEAN region.
- Revenues from Toyota increased thanks to higher sales of SUVs and Dyna models.
- Sales revenue in Asia decreased by 11.8% to 101,319 million yen, primarily due to reduced unit sales in Thailand and Indonesia.
- Analyst Recommendations: 0 buys, 7 holds, and 2 sells.
A look at Hino Motors Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 2 | |
| 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, Hino Motors Ltd demonstrates a strong long-term outlook. With high scores in Value and Growth factors, the company appears to offer good value to investors and has potential for future expansion and profitability. However, Hino Motors Ltd lags behind in Dividend, Resilience, and Momentum scores, indicating a weaker performance in these areas. Despite this, the company’s core focus on developing, manufacturing, and marketing diesel buses, trucks, heavy-duty vehicles, and engines for various applications positions it well within the industry.
Hino Motors Ltd‘s emphasis on value and growth factors suggests a potential for long-term viability in the market. While the lower scores in Dividend, Resilience, and Momentum may raise some concerns, the company’s established presence in the diesel vehicle industry is a key point of strength. Investors may want to monitor Hino Motors Ltd‘s ability to improve its dividend payouts, resilience to market fluctuations, and momentum in the coming years to fully assess its overall performance and potential for sustained growth.
### HINO MOTORS, LTD. develops, manufactures and markets diesel buses and trucks. The Company also produces heavy duty trucks, special purpose vehicles, and diesel engines for industrial and marine applications. ###
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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