- Dongshan Precision’s net income for the fiscal year was 1.09 billion yuan, which is a 45% decrease from the previous year and below the estimate of 1.79 billion yuan.
- The company’s total revenue was 36.77 billion yuan, marking a 9.3% increase compared to last year but falling short of the projected 37.72 billion yuan.
- Revenue from Electronic Circuit Products hit 24.80 billion yuan, growing by 6.6% year-over-year, yet it missed the forecast of 25.79 billion yuan.
- The Touch Panel & LCD Display Module sector saw a significant increase, with revenue reaching 6.37 billion yuan, up 31% from the previous year, surpassing the expected 6.19 billion yuan.
- LED Display Device revenue declined by 35% year-over-year to 768.1 million yuan, which was below the estimated 1.13 billion yuan.
- Precision Component Products generated 4.54 billion yuan in revenue, increasing by 9.1% year-over-year but not meeting the estimate of 4.9 billion yuan.
- Revenue from other businesses was 291.2 million yuan, experiencing a 66% increase year-over-year and exceeding the forecasted 212.8 million yuan.
- Dongshan Precision announced a final dividend of 7.0 RMB cents per share.
- There are 24 buy recommendations, 1 hold, and no sell recommendations from analysts.
A look at Suzhou Dongshan Precision A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| 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 Suzhou Dongshan Precision A a positive long-term outlook based on their Smart Scores. With a strong score in Momentum, indicating positive market momentum, the company is seen to have good potential for future growth. Additionally, its high score in Growth suggests that Suzhou Dongshan Precision A is well-positioned for expansion and development in the coming years. While the Value and Dividend scores are moderate, the overall outlook remains positive given the strength in key areas.
Suzhou Dongshan Precision A, a company specializing in precision metal plate and cast metal products, is recognized for its focus on communication equipment and machine bed precision metal parts. Despite facing some challenges in Resilience, the company’s overall profile, as reflected in its Smart Scores, indicates a favorable long-term trajectory. Investors may find Suzhou Dongshan Precision A to be an attractive option for potential growth and value opportunities 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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