- Tingyi’s net income for the fiscal year was 3.73 billion yuan, surpassing the estimated 3.56 billion yuan.
- The company’s revenue was slightly below expectations, with reported revenue of 80.65 billion yuan against the estimated 81.51 billion yuan.
- EBITDA exceeded forecasts, coming in at 9.63 billion yuan compared to the expected 8.75 billion yuan.
- The gross margin was higher than anticipated, recorded at 33.1% versus the estimate of 32.3%.
- Shareholders are set to receive a final dividend of 33.14 RMB cents per share.
- The stock is currently rated with 20 buy recommendations, 5 holds, and 2 sells.
A look at Tingyi Holding Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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
Looking at the Smartkarma Smart Scores for Tingyi Holding, the company seems to have a promising long-term outlook. With a strong score of 4 in both Dividend and Growth categories, investors may find Tingyi Holding appealing due to its potential for consistent dividend payouts and opportunities for expansion. Additionally, the company scores a perfect 5 in Momentum, indicating strong positive market sentiment and potential for continued growth in the future. While the Value score is moderate at 2, suggesting the stock may not be undervalued, the overall positive scores in Dividend, Growth, and Momentum factors bode well for Tingyi Holding‘s future prospects.
Tingyi (Cayman Islands) Holding Corporation, known for its production and sale of instant noodles, baked goods, and beverages in China, seems to be on a path of favorable growth and resilience. With a diverse product portfolio catering to consumer needs in the Chinese market, the company’s resilience score of 3 reflects its ability to withstand economic challenges. The impressive scores in Dividend, Growth, and Momentum aspects further support Tingyi Holding‘s standing in the market, hinting at continued success and investor confidence in the company’s future performance.
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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