Earnings Alerts

Sunny Optical Technology Group (2382) Earnings: FY Revenue Fails to Meet Estimates

  • Sunny Optical’s financial year revenue fell short of estimates, reaching only 31.68 billion yuan against the estimated 32.31 billion yuan.
  • The revenue from optical components was slightly above the forecast, coming in at 9.56 billion yuan, compared to the projected 9.47 billion yuan.
  • However, revenue from optoelectronic products did not meet expectations, amounting to 21.60 billion yuan against the estimated 22.42 billion yuan.
  • Optical instruments revenue surpassed the estimate significantly, with 526.8 million yuan, compared to the estimated 423.8 million yuan.
  • Despite the revenue misses, Sunny Optical has received 33 buy recommendations, 9 hold recommendations, and only 1 sell recommendation.

Sunny Optical Technology Group on Smartkarma

According to Leonard Law, CFA on Smartkarma, Sunny Optical Technology Group is receiving bullish analyst coverage. Law’s recent insight report, “Morning Views Asia: Sunny Optical Technology Group,” provides fundamental credit analysis and trade recommendations for high yield issuers in the region. This includes a market commentary, key market indicators, and a macroeconomic and corporate event calendar.

Law’s analysis, published on Smartkarma’s independent investment research network, offers insights on Sunny Optical Technology Group‘s recent developments within the past 24 hours. This includes a brief market commentary and key company-specific details. With a focus on high yield issuers, Law’s Morning Views provide valuable information for investors looking to make informed decisions on companies like Sunny Optical Technology Group.


A look at Sunny Optical Technology Group Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth2
Resilience4
Momentum2
OVERALL SMART SCORE2.8

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

Sunny Optical Technology Group is a company that designs and creates various optical products. These products include lenses made from glass or plastic, prisms, and instruments such as microscopes and surveying tools. The company also manufactures camera modules for mobile phones. Based on Smartkarma Smart Scores, Sunny Optical Technology Group has a promising long-term outlook, with an overall score of 3 out of 5. This indicates that the company has a good value and dividend rating, with a resilient business and moderate momentum for growth.

As a leading manufacturer of optical products, Sunny Optical Technology Group is well-positioned for future success. The company has received a score of 4 for resilience, indicating its ability to withstand market challenges and maintain stable operations. Additionally, with a score of 3 for both value and dividend, Sunny Optical Technology Group is seen as a financially sound and potentially profitable investment. However, the company may need to focus on increasing its momentum score of 2 in order to achieve higher levels of growth in the long term.


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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