Earnings Alerts

Samsung Heavy Industries (010140) Earnings: 2Q Operating Profit Surges Past Estimates with 130.7 Billion Won

  • Samsung Heavy’s Q2 operating profit reached 130.7 billion won, significantly higher than last year’s 58.9 billion won and beating the estimate of 94.25 billion won.
  • Net profit for Q2 was 76.6 billion won, up from 25.6 billion won last year, and exceeding the estimated 52.39 billion won.
  • Sales for the quarter were 2.53 trillion won, representing a 30% increase year-on-year, and higher than the estimated 2.44 trillion won.
  • Analyst recommendations include 18 buys, 2 holds, and 0 sells.
  • Comparisons are based on the company’s original disclosures.

A look at Samsung Heavy Industries Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.0

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

Despite facing challenges in terms of value and dividend scores, Samsung Heavy Industries seems to have a promising long-term outlook based on its high scores in growth and momentum factors. With a growth score of 5, the company is positioned to expand and increase its market share over time. This indicates a positive trajectory for future profit and revenue growth. Additionally, a momentum score of 5 suggests a strong upward trend in the company’s performance, highlighting investor interest and confidence in its potential.

While there are areas for improvement such as value and dividend attractiveness, Samsung Heavy Industries‘ resilience score of 2 indicates a moderate ability to weather economic downturns or industry challenges. Coupled with its strong growth and momentum scores, the company may continue to innovate and adapt to market changes, potentially leading to sustained long-term success.


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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