Earnings Alerts

Impressive Earnings: Sanan Optoelectronics Co (600703) Reports 1H Net Income of 184.3M Yuan

  • Net income for Sanan Opto in the first half of 2024: 184.3 million yuan
  • Total revenue for the same period: 7.68 billion yuan
  • Earnings per share (EPS): 4.0 RMB cents
  • Analyst ratings: 10 buy recommendations, 0 hold recommendations, 4 sell recommendations

A look at Sanan Optoelectronics Co Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth2
Resilience3
Momentum4
OVERALL SMART SCORE3.0

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

Sanan Optoelectronics Co., Ltd., a company specializing in LED epitaxial wafers and wafers, is positioned for a positive long-term outlook based on the Smartkarma Smart Scores. With an impressive Value score of 4, the company is deemed to have strong fundamentals and potential for growth in its market. Although its Dividend and Growth scores are moderate at 2, Sanan Optoelectronics Co. shows resilience with a score of 3. Moreover, the company’s Momentum score of 4 indicates favorable market momentum, suggesting potential for upward growth.

In conclusion, Sanan Optoelectronics Co. appears to be a solid investment option with a promising outlook, driven by its strong value, resilience, and market momentum. While there may be room for improvement in terms of dividends and growth, the company’s overall performance and prospects bode well for long-term investors.


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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