- Revenue Miss: Tingyi’s revenue for the first half of 2024 was 41.20 billion yuan, falling short of the estimated 41.7 billion yuan.
- Net Income: The company’s net income stood at 1.89 billion yuan.
- EBITDA: Tingyi reported EBITDA of 4.82 billion yuan.
- Gross Margin Beat: Gross margin came in at 32.6%, surpassing the estimated 31.2%.
- Analyst Ratings: The stock has 21 buy ratings, 5 hold ratings, and 1 sell rating.
A look at Tingyi Holding Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| 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 have given Tingyi Holding a mixed bag of scores for its long-term outlook. The company scored high in the Dividend and Momentum categories, indicating a strong performance in dividend payments and market momentum. This suggests that investors may see good returns in terms of dividends and capital gains. Additionally, Tingyi Holding received moderate scores in Growth and Resilience, showing potential for growth and a decent ability to weather economic downturns. However, its Value score was lower, implying that the stock may not be considered undervalued at present.
Tingyi (Cayman Islands) Holding Corporation operates in China, focusing on the manufacturing and sale of instant noodles, baked goods, and beverages. With a stellar Momentum score and a robust Dividend rating, the company appears well-positioned to deliver strong performance in the future. While it has room for improvement in areas like Value and Growth, Tingyi Holding‘s overall outlook remains positive, supported by its Resilience score. Investors may want to keep a close eye on how the company navigates these different factors in the coming years.
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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