Earnings Alerts

Shengyi Technology (600183) Exceeds Earnings Expectations with Strong 1Q Performance

  • Shengyi Tech reported a net income of 392.1 million yuan for the first quarter, surpassing the estimated 288 million yuan.
  • The company’s revenue also exceeded expectations, reaching 4.42 billion yuan compared to the estimated 4.27 billion yuan.
  • Out of 18 ratings, Shengyi Tech received 16 “buy” recommendations, one “hold” recommendation, and one “sell” recommendation.

A look at Shengyi Technology Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience3
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

Analysts evaluating Shengyi Technology Co., Ltd.’s long-term outlook utilising Smartkarma Smart Scores have identified positive signals across various key factors. The company has achieved notable scores in Dividend, Momentum, and Value, indicating a strong performance in these areas. With a solid score in Resilience as well, Shengyi Technology showcases stability and durability in the face of market fluctuations. While Growth presents an area for potential improvement, the overall outlook appears promising for the company.

Shengyi Technology Co., Ltd. is a manufacturer and distributor of electronic components, offering products such as copper coated panels and printed circuit boards. The company’s strategic focus on innovation and market positioning is reflected in its Smartkarma Smart Scores. With competitive scores in Dividend, Momentum, Value, and Resilience, Shengyi Technology demonstrates a balanced approach towards long-term success 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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