Hulic’s operating income for the first quarter was 23.73 billion yen, a significant drop of 31% compared to the previous year.
The net income was 15.86 billion yen, marking a decrease of 28% year over year. The estimate was 20.15 billion yen.
Net sales fell 4.4% year over year to 107.59 billion yen, although this slightly exceeded the estimate of 106.1 billion yen.
Despite these results, Hulic is maintaining its annual forecast. They expect an operating income of 153.00 billion yen and a net income of 98.00 billion yen.
The estimated dividend is also being held steady at 52.00 yen.
Opinions on the company’s performance are mixed, with 2 buys, 7 holds, and no sells.
All comparisons are based on values reported by Hulic in its original disclosures.
A look at Hulic Co Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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
Based on Smartkarma’s Smart Scores, Hulic Co Ltd appears to have a promising long-term outlook. With a strong score of 5 in Dividend, the company shows a commitment to rewarding its investors with consistent payouts. Additionally, its respectable scores of 3 in both Value and Growth suggest a stable financial position and potential for future development in the real estate and marketable securities sectors. However, Hulic Co Ltd‘s lower scores in Resilience and Momentum (2 and 3 respectively) indicate some areas where the company may need to focus on strengthening its operations and market presence.
Overall, Hulic Co Ltd operates in the real estate, marketable securities investment, and environment-related businesses. With a balanced mix of positive scores in Dividend, Value, Growth, and Momentum, the company shows promise for investors seeking stable returns and potential growth opportunities in the long term. By addressing areas of improvement highlighted by the Smart Scores, Hulic Co Ltd can further solidify its position in the market and capitalize on its strengths in the real estate and investment sectors.
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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