Earnings Alerts

NAURA Technology Group (002371) Earnings: Preliminary 3Q Net Income Ranges from 1.56B to 1.79B Yuan

By October 14, 2024 No Comments
  • Naura Technology’s preliminary third-quarter net income is estimated between 1.56 billion yuan and 1.79 billion yuan.
  • The company’s preliminary third-quarter revenue ranges from 7.42 billion yuan to 8.54 billion yuan.
  • For the first nine months of the year, Naura Technology’s preliminary net income is projected between 4.13 billion yuan and 4.75 billion yuan.
  • Preliminary revenue for the first nine months is estimated between 18.83 billion yuan and 21.68 billion yuan.
  • The company’s stock has strong investor support with 37 buy ratings, 1 hold rating, and no sell ratings.

NAURA Technology Group on Smartkarma

Analysts on Smartkarma, like Travis Lundy, are covering NAURA Technology Group, providing insights on the company’s performance and market sentiment. In a recent report titled “Mainland Connect NORTHBOUND Flows (To 7 June 2024): Large Renewables Buying Drive Small Net Buying,” Lundy highlighted that NORTHBOUND experienced net buying activity. While large caps saw net selling, semiconductor names continued to attract buying interest. Lundy anticipates ongoing net buying in the semiconductor sector, despite overall weak net flows. The report presents detailed data on recent buying and selling trends, pointing out specific industries that attracted investor attention.

Lundy’s analysis delves into the dynamics of the market, discussing the buying and selling patterns observed, such as purchases in utilities, renewables, and semiconductors, and sales in other sectors like Kweichow Moutai and Midea. The report also raises questions about the composition of the buying side, with some speculating about the involvement of national team buying alongside foreign investors. By providing valuable insights and monitoring market movements, analysts on Smartkarma offer investors a comprehensive view of companies like NAURA Technology Group and the broader market landscape.


A look at NAURA Technology Group Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
Momentum4
OVERALL SMART SCORE3.4

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 poised for strong long-term growth, according to Smartkarma Smart Scores. With impressive scores in Growth, Resilience, and Momentum, the company is showing robust potential for expansion and sustained performance. Notably, its Growth score of 5 indicates a solid outlook for increasing revenues and market share, while a Resilience score of 4 underlines its ability to weather economic challenges. Additionally, a Momentum score of 4 highlights the positive trend in the company’s stock performance, hinting at continued investor interest and confidence.

Although scoring lower in Value and Dividend categories with scores of 2 each, NAURA Technology Group remains a promising investment opportunity based on its overall Smart Scores assessment. As an integrated high-tech company specializing in manufacturing electronics equipment and components, such as IC equipment and hybrid integrated circuits, the company’s comprehensive approach combining R&D, sales, and services positions it well for long-term success in the dynamic tech 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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