Earnings Alerts

TCL Corp (A) (000100) Earnings Surge to 995.2M Yuan in 1H, Despite 5.7% Revenue Decline

  • Net Income Surge: TCL Tech reported a net income of 995.2 million yuan for the first half of 2024.
  • Year-over-Year Growth: This is a significant increase from the 340.5 million yuan reported in the same period last year.
  • Revenue Decline: Revenue for this period was 80.22 billion yuan, a decrease of 5.7% compared to the previous year.
  • Analyst Ratings: The company has 14 buy ratings and 4 hold ratings, with no sell ratings.
  • Historical Data: Comparisons are based on values from the company’s original disclosures.

A look at TCL Corp (A) Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience2
Momentum3
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 the Smartkarma Smart Scores for TCL Corp (A), the company shows strength in Value and Dividend factors, scoring 4 out of 5 for both. This indicates a solid foundation in terms of undervaluation and dividend payments, making it an attractive option for investors seeking stability and income.

However, TCL Corp (A) has lower scores in Growth, Resilience, and Momentum, receiving a 3 for Growth, 2 for Resilience, and 3 for Momentum. This suggests that while the company may not be experiencing rapid growth or strong market momentum currently, its focus on value and dividends provides a sense of security for long-term investors.

### TCL Corporation manufactures electronic products, telecommunication products, home appliances, and electrical products. The Company’s products include televisions, mobile phones, personal computers, air-conditioners, washing machines, refrigerators, and other related products. ###


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars