- Net Income: Sungrow Power Supply reported a net income of 4.96 billion yuan for the first half of the year.
- Revenue: The company’s revenue reached 31.02 billion yuan, marking an 8.5% increase year-over-year.
- Net Income Growth: The net income saw a 13.9% rise compared to the previous year’s first half.
- Analyst Ratings: Sungrow Power Supply has 36 buy ratings, 2 hold ratings, and no sell ratings from analysts.
- Comparison with Past Results: These results are based on values reported from the company’s original disclosures.
A look at Sungrow Power Supply Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 3 | |
Growth | 5 | |
Resilience | 3 | |
Momentum | 4 | |
OVERALL SMART SCORE | 3.4 |
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 at Smartkarma have given Sungrow Power Supply a positive long-term outlook based on its Smart Scores. With a strong Growth score of 5, the company is positioned for expansion and development in the renewable energy sector. Additionally, its Momentum score of 4 suggests a favorable trend in the company’s performance, indicating potential for continued growth in the future.
Sungrow Power Supply‘s overall outlook is further supported by its solid scores in Dividend, Resilience, and Value. These scores of 3, 3, and 2 respectively, reflect the company’s stability, ability to weather market uncertainties, and its current market valuation. Given its focus on solar PV inverters and renewable energy solutions, Sungrow Power Supply is well-positioned to capitalize on the growing demand for sustainable energy solutions globally.
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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