Earnings Alerts

NAURA Technology Group (002371) Earnings: 1H Net Income Soars to 2.78B Yuan on Strong Revenue

  • Naura Technology reported a net income of 2.78 billion yuan for the first half of 2024.
  • The company’s revenue for the same period reached 12.33 billion yuan.
  • Analyst recommendations show 36 buy ratings, 1 hold rating, and 0 sell ratings.

NAURA Technology Group on Smartkarma

NAURA Technology Group‘s analyst coverage on Smartkarma includes insights from analyst Travis Lundy. In the report titled “Mainland Connect NORTHBOUND Flows (To 7 June 2024): Large Renewables Buying Drive Small Net Buying,” Lundy expresses a bullish sentiment towards the company. The report highlights net buying activities, particularly focusing on semiconductor names and ongoing buying trends. Despite some net selling among large caps, the report anticipates continued net buying in the semiconductor sector. Lundy also notes the buying of utilities and renewables, indicating positive market sentiment towards these sectors.

In another report by Travis Lundy titled “Mainland Connect NORTHBOUND Flows (To 8 Mar 2024): Utilities and Semis a Buy,” the analyst maintains a bullish stance on NAURA Technology Group. The report mentions small net selling activities in the past week but emphasizes the overall buying trend, especially in utilities and semiconductors. Although there was a slight decrease in buying activity compared to previous weeks, the report remains optimistic about the prospects of utilities and semiconductor companies, indicating a favorable outlook for NAURA Technology Group in the market.


A look at NAURA Technology Group Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
Momentum5
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

NAURA Technology Group Co., Ltd. is positioned for promising long-term growth, according to Smartkarma Smart Scores analysis. With exceptional ratings in Growth and Momentum, the company shows strong potential for expansion and market performance. NAURA Technology Group‘s focus on innovation and forward-moving strategies align well with the high scores in these areas, signaling a positive outlook for investors looking towards the future.

Additionally, the company demonstrates resilience and stability, as indicated by its robust score in the Resilience category. While the Value and Dividend scores are more moderate, the overall positive evaluation from Smartkarma Smart Scores suggests NAURA Technology Group‘s solid foundation and potential for sustained success in the dynamic technology sector.

Summary: NAURA Technology Group Co., Ltd. is an integrated high-tech company that specializes in manufacturing electronics equipment and components, with a strong emphasis on IC equipment and hybrid integrated circuits. The company combines research and development, sales, and services, positioning itself as a versatile player in the industry.


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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