Earnings Alerts

Hundsun Technologies Inc A (600570) Earnings: Preliminary 1H Net Income Plummets 92%, Revenue at 2.83 Billion Yuan

  • Hundsun Tech’s preliminary net income for the first half of 2024 dropped by 92%.
  • The preliminary net income is estimated to be around 35.4 million yuan.
  • Preliminary revenue for the first half of 2024 is approximately 2.83 billion yuan.
  • Analyst recommendations include 29 buys, 2 holds, and 0 sells for the company.

A look at Hundsun Technologies Inc A Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience4
Momentum2
OVERALL SMART SCORE2.6

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, Hundsun Technologies Inc A shows a mixed long-term outlook. With a Growth score of 3 and a Resilience score of 4, the company seems to be positioned reasonably well for future expansion while also displaying strength in weathering market challenges. However, its Value, Dividend, and Momentum scores are more modest, indicating areas where there may be room for improvement. Hundsun Technologies Inc A develops application software for various financial institutions and industries, along with selling computer hardware and offering system integration services.

Overall, Hundsun Technologies Inc A‘s Smartkarma Smart Scores suggest a company with potential for growth and resilience in the face of market uncertainties. While the company may benefit from focusing on enhancing its value proposition, dividends, and momentum, its core strengths in growth and resilience provide a solid foundation for long-term success in the competitive technology sector.


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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