Earnings Alerts

JCET Group (600584) Earnings Report: 1Q Net Income Misses Expectations

  • Net income of JCET Group Co Ltd for 1Q is 135.2 million yuan. This is a miss as the estimate was at 363.3 million yuan.
  • Revenue of the company also missed the estimate. It is reported at 6.84 billion yuan, while the predicted figure was 7.14 billion yuan.
  • Earnings per share (EPS) for the period stand at 8.0 RMB cents. This falls short of the estimate which was 20 RMB cents.
  • Out of the total evaluated opinions, the company received 29 ‘buy’ suggestions, 1 ‘hold’, and 1 ‘sell’.

A look at JCET Group Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.6

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 Smartkarma Smart Scores, JCET Group shows promising long-term potential. With strong scores in Value, Growth, and Momentum, the company seems well-positioned for future success. An above-average score in Value indicates that JCET Group may be undervalued compared to its peers, offering investors a potential opportunity for growth. Additionally, a high Growth score suggests that the company has solid growth prospects in the semiconductor industry. Momentum is another positive indicator, showing that JCET Group has been performing well relative to its competitors.

Although JCET Group has a good overall outlook, it is important to note that its scores in Dividend and Resilience are slightly lower. This may indicate some areas of improvement needed, such as enhancing dividend payouts or increasing resilience to market fluctuations. However, with its core focus on the semiconductor industry and diversified product range, JCET Group appears to have a solid foundation for sustained growth in the long term.

### JCET Group Co., Ltd. operates in the semiconductor industry. The Company’s products include discrete devices and integrated circuits. Through its subsidiaries, Jiangsu Changjiang also manufactures signal lamps used in industrial equipment and anti-theft door systems for consumer use. ###


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