Earnings Alerts

Lite On Technology (2301) Earnings: 1H Net Income Reaches NT$5.50B

  • Net Income: Lite-On Technology reported a net income of NT$5.50 billion for the first half of 2024.
  • Operating Profit: The company’s operating profit stood at NT$5.51 billion during the same period.
  • Earnings Per Share (EPS): Earnings per share were NT$2.40.
  • Revenue: Revenue for Lite-On Technology reached NT$62.06 billion in the first half of the year.
  • Analyst Ratings: The stock has been rated with 13 buys, 2 holds, and 1 sell by analysts.

A look at Lite On Technology Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience5
Momentum3
OVERALL SMART SCORE3.8

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

Lite-On Technology Corp., a company specializing in computer components and peripheral equipment, has an optimistic long-term outlook based on its Smartkarma Smart Scores. With solid scores in Dividend, Growth, Resilience, and Momentum, Lite On Technology is positioned well for sustained performance. A particularly strong Resilience score suggests the company’s ability to weather market fluctuations and external challenges effectively.

Lite-On Technology’s core business segments, including Power Supplies, Enclosures, and LEDs, signify a diversified product portfolio that could contribute to its overall stability and growth. The combination of a respectable Value score and strong Growth and Dividend scores indicates a balanced approach to value creation and shareholder returns. Investors seeking a company with these attributes may find Lite On Technology an appealing long-term investment option.


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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