- Korea Zinc‘s operating profit for the first quarter was 184.52 billion won, marking a 27% increase year-on-year.
- This profit figure, however, fell short of the estimated 189.6 billion won.
- The net income for the period was 106.83 billion won, a decrease of 24% compared to the same period last year.
- This net income is also lower than the estimated 145.58 billion won.
- Total sales for the quarter were 2.38 trillion won, a decline of 6% year-on-year.
- The sales also did not meet the estimate set at 2.43 trillion won.
- Investment ratings indicate 14 buys, 5 holds, and no sells for the company’s stock.
- All comparisons to past results are derived from values reported by the company’s original disclosures.
Korea Zinc on Smartkarma
On Smartkarma, investment analyst Sanghyun Park has published a bullish report on Korea Zinc titled “Understanding & Assessing Yearend Dividend Arbitrage Structure Using Futures in Korea.” In this report, Park delves into the yearend dividend arbitrage trading framework using futures in the Korean market. He evaluates the current situational conditions, highlighting how SSFs trade at a discount based on anticipated dividends before the ex-dividend date. The analysis also indicates that the current dividend arbitrage yield for financial companies reflects a postponement of the ex-dividend date to the following year. Park advises monitoring companies with significant dividend arbitrage yields that have not amended their articles of incorporation this year.
A look at Korea Zinc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
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 analysis, Korea Zinc appears to have a promising long-term outlook. The company has received strong scores in Value, Dividend, and Resilience, indicating favorable prospects in terms of its financial health, dividend payout, and ability to withstand market challenges. While its Growth and Momentum scores are slightly lower, Korea Zinc‘s focus on non-ferrous metal smelting positions it well to tap into the growing demand for these materials both domestically and internationally.
With a solid foundation in non-ferrous metal manufacturing, Korea Zinc Co., Ltd. is well-positioned to capitalize on its expertise in producing zinc ingots, gold, silver, lead, sulfuric acid, and copper. The company serves both local and global markets, showcasing its ability to adapt to changing economic conditions and maintain a strong presence in the industry. The combination of high scores in Value, Dividend, and Resilience suggests a stable and potentially rewarding investment opportunity for those considering Korea Zinc for their portfolio.
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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