- Smoore International reported a total revenue of 5.04 billion yuan in the first half of 2024.
- The company earned 1.12 billion yuan from APV (Advanced Personal Vaporizers) sales.
- Gross margin for Smoore International stood at 38%.
- Research and Development (R&D) expenses amounted to 760.1 million yuan.
- Smoore International recorded a profit of 724.6 million yuan.
- Analyst ratings include: 20 buy recommendations, 2 hold recommendations, and 1 sell recommendation.
Smoore International Holdings on Smartkarma
Analysts at Smartkarma, a renowned independent investment research network, have been closely following Smoore International Holdings. In a recent report by David Mudd titled “The Heat Is On: News Flow and Sentiment in CHINA / HONG KONG (July 26)“, it was noted that Smoore International Holdings (6969 HK) experienced positive news sentiment, alongside Xinjiang Goldwind Science & Technology and Hisense Home Appliances Group Co., Ltd. This positive sentiment was in contrast to companies like Chow Tai Fook Jewellery and ASM Pacific Technology that faced negative news impact. The report highlighted China’s National Team’s continued interest in buying ETFs, contributing to a favorable sentiment for select companies in the market.
A look at Smoore International Holdings Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 3 | |
Dividend | 3 | |
Growth | 2 | |
Resilience | 5 | |
Momentum | 5 | |
OVERALL SMART SCORE | 3.6 |
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
Analysts using Smartkarma Smart Scores point to a promising long-term outlook for Smoore International Holdings. With a solid score of 5 in Resilience and Momentum, the company is seen as highly capable of weathering market challenges and maintaining strong performance momentum. Additionally, its Value and Dividend scores of 3 indicate stability and potential for investors seeking reliable returns. Despite a Growth score of 2, the overall outlook remains positive for Smoore International Holdings.
Smoore International Holdings Limited, a leader in vaping technology solutions with advanced R&D capabilities, offers a range of products including closed system vaping devices and components. Operating predominantly in Hong Kong, the company has positioned itself as a key player in the vaping industry. With its focus on innovation and product diversification, Smoore International Holdings continues to attract attention from investors looking for resilience and momentum in their portfolios.
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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