Earnings Alerts

Sunny Optical Technology Group (2382) Earnings: Strong Handset Lens Set Shipments Reach 124.13M in August

By September 9, 2024 No Comments
  • Sunny Optical shipped 124.13 million handset lens sets in August 2024.
  • The company also shipped 39.63 million handset camera modules in the same month.
  • Market sentiment is highly positive with 35 analyst buys, 5 holds, and 0 sells.

Sunny Optical Technology Group on Smartkarma

Analysts on Smartkarma, including Leonard Law, CFA, David Mudd, and Trung Nguyen, have provided their insights on Sunny Optical Technology Group. In “Morning Views Asia,” Leonard Law discusses key developments in the region, highlighting Sunny Optical Technology Group and Xiaomi Corp. David Mudd‘s report on “BUY/SELL/HOLD: Hong Kong Stock Updates (July 22)” emphasizes the positive performance of Sunny Optical Technology Group‘s auto lens business, resulting in a “BUY” rating from analysts. Trung Nguyen‘s report on “Sunny Optical – Earnings Flash – FY 2023 Results” acknowledges the company’s weak FY 2023 numbers but projects a recovery in smartphone market shipments and positive revenue and earnings growth for FY 2024.


A look at Sunny Optical Technology Group Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.2

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

Based on a range of key factors, Sunny Optical Technology Group is positioned for a positive long-term outlook. According to Smartkarma Smart Scores, the company scores well in areas such as resilience and momentum, indicating its ability to withstand market challenges and maintain an upward trend. With a focus on innovation and adaptation, Sunny Optical Technology Group is projected to perform well in the future.

Sunny Optical Technology Group Co., Limited is a company that designs and produces optical and related products. Their product portfolio includes glass/plastic lenses, mobile phone camera modules, microscopes, and various analytical instruments, showcasing a diverse range of offerings in the optical technology sector. With favorable ratings in resilience and momentum, Sunny Optical Technology Group is positioned for continued growth and success in the market.


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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