Earnings Alerts

LONGi Green Energy Technology (601012) Earnings: 1Q Net Loss of 1.44 Billion Yuan Despite Revenue of 13.65 Billion Yuan

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  • LONGi Green reported a net loss of 1.44 billion yuan in the first quarter.
  • The company’s revenue for the same period was 13.65 billion yuan.
  • Loss per share stood at 19 RMB cents.
  • Analyst recommendations for the company include 24 buy ratings, 5 hold ratings, and 6 sell ratings.

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A look at LONGi Green Energy Technology Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth2
Resilience3
Momentum2
OVERALL SMART SCORE2.8

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

LONGi Green Energy Technology Co., Ltd., a company specializing in the development, manufacturing, and sale of silicon rods and wafers, has received favorable Smart Scores across different factors. With a notably high Value score of 4, it suggests that the company is potentially undervalued in the market. Additionally, a respectable Dividend score of 3 implies the company may offer decent returns to shareholders. However, the Growth and Momentum scores are relatively lower at 2, indicating room for improvement in terms of future expansion and market momentum.

Despite the lower scores in Growth and Momentum, LONGi Green Energy Technology shows resilience with a score of 3, suggesting the company has the ability to weather economic uncertainties. In summary, while the company may be considered undervalued and offers some returns to investors, there is space for enhancing growth opportunities and market momentum in the long term.


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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