Earnings Alerts

Hoshine Silicon Industry Ltd (603260) Earnings: FY Net Income and Revenue Miss Estimates

  • Hoshine Silicon’s full-year net income was 1.74 billion yuan, falling short of the estimated 2.3 billion yuan.
  • The company’s total revenue for the year was 26.69 billion yuan, lower than the anticipated 30.64 billion yuan.
  • Earnings per share (EPS) were recorded at 1.48 yuan, compared to the previous year’s 2.24 yuan.
  • A final dividend of 45 RMB cents per share was announced.
  • Research and development expenses totaled 571.5 million yuan, a 0.9% increase year over year, but below the estimated 791 million yuan.
  • In the first quarter, net income was 259.7 million yuan, representing a 51% decline year over year.
  • First-quarter EPS dropped to 22 RMB cents from 45 RMB cents the previous year.
  • Revenue for the first quarter reached 5.23 billion yuan.
  • The company received 14 buy recommendations, 1 hold recommendation, and no sell recommendations from analysts.

A look at Hoshine Silicon Industry Lt Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience3
Momentum3
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

In light of the Smartkarma Smart Scores assessment, Hoshine Silicon Industry Ltd shows a promising outlook for the long term. With a strong Value score of 4, the company is considered to have favorable investment potential. Coupled with decent scores in Dividend, Growth, Resilience, and Momentum (all scoring 3), Hoshine Silicon Industry appears to be positioned well across various key factors that indicate company performance.

Hoshine Silicon Industry Ltd specializes in manufacturing chemical products, with a primary focus on producing and distributing a variety of silicon-based products in China. The company’s diverse product range, coupled with its solid Smart Scores across different categories, suggests a positive trajectory for future growth and stability within the industry.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars