Earnings Alerts

Silergy Corp (6415) Earnings Report: 1Q Net Income Falls Short of Expectations

  • Silergy’s net income for the first quarter of 2024 was NT$78.0 million, falling short of the estimated NT$273.1 million.

  • The reported operating profit for the quarter was NT$77.4 million.

  • Earnings per share (EPS) were lower than predicted. Silergy reported an EPS of NT$0.20 as opposed to the estimated NT$0.70.

  • Total revenue for the quarter was slightly lower than estimated, coming in at NT$3.84 billion when compared to the estimated NT$3.91 billion.

  • The current market sentiment gives 11 buys, 5 holds and 5 sells on Silergy’s stock.


Silergy Corp on Smartkarma

Analyst coverage of Silergy Corp on Smartkarma by Patrick Liao reflects a positive outlook on the company’s performance. In the research reports, such as “Silergy (6415.TT): expecting a seasonal decline in 1Q24F, and likely another growth year in 2024F,” it is noted that the company experienced a turnaround in profitability in 4Q23, with expectations of a recovery momentum in China and consumer markets leading to a projected 20%+ growth in 2024F. Analyst sentiment leans bullish, anticipating improvement quarter by quarter after a bottom in 1Q24F.

Furthermore, in reports like “Silergy (6415.TT): Chinese Analog IC could raise up prices by about 15%,” there is a favorable view on Silergy’s position as Analog Devices considers a price increase. The research suggests that Silergy Corp is contemplating a similar price hike in the Chinese market, making it an attractive investment opportunity. Overall, analyst coverage by Patrick Liao on Smartkarma underscores the positive potential for growth and stability within Silergy Corp.


A look at Silergy Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth2
Resilience5
Momentum2
OVERALL SMART SCORE2.6

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

Considering Silergy Corp‘s Smartkarma Smart Scores, the company appears to have a promising long-term outlook. With a strong score of 5 in Resilience, Silergy Corp demonstrates stability and the ability to weather challenging market conditions. This resilience factor indicates the company’s capacity to adapt and sustain its operations over time.

Although Silergy Corp scores lower in Value, Dividend, Growth, and Momentum, with scores of 2 across these factors, the company’s focus on designing and manufacturing high-performance analog integrated circuits positions it well within the industry. Their product range, including various regulators and power management ICs, showcases their commitment to innovation and technological advancement.


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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