Earnings Alerts

Want Want (151) Earnings: 1H Revenue Falls Short of Estimates at 10.88 Billion Yuan

By November 25, 2024 No Comments
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  • Want Want China’s first-half year revenue amounted to 10.88 billion yuan, which missed the expected estimate of 11.46 billion yuan.
  • The company’s net income for the same period was reported at 1.86 billion yuan.
  • Gross margin stood at 47.3%, indicating the profitability of the company’s core activities.
  • Capital expenditure during this period was 359.0 million yuan, reflecting the company’s investment in operational growth.
  • The stock has 13 buy ratings, suggesting a strong interest from investors in purchasing the shares.
  • There are 6 hold ratings, indicating a neutral sentiment towards retaining existing stock without buying more or selling.
  • The company has 2 sell ratings, showing limited analyst recommendations to sell the stock.

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A look at Want Want Smart Scores

FactorScoreMagnitude
Value2
Dividend3
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

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Want Want China Holdings Limited, a company that manufactures and trades various food products and packing materials, seems to have a promising long-term outlook based on the Smartkarma Smart Scores. With a solid Resilience score of 4 and Momentum score of 4, Want Want demonstrates strength in withstanding market challenges and maintaining positive market performance momentum. Additionally, the company received a Growth score of 3, indicating potential for expansion and development in the future. Despite not scoring as high in Value and Dividend at 2 and 3 respectively, Want Want‘s overall outlook appears positive based on its resilience and momentum.

Primarily operating in China and Taiwan, Want Want focuses on the production of rice crackers, snack food, beverages, and packing materials. The company’s emphasis on these product categories positions it strategically in the food industry. With an overall positive outlook as indicated by its Smartkarma Smart Scores, Want Want seems to be on a path towards continued growth and resilience in the long run, showcasing potential for investors seeking opportunities in the food manufacturing sector.

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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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