Earnings Alerts

Want Want (151) Earnings: FY Net Income Surpasses Estimates Despite Revenue Miss

  • Net Income: Want Want China reported a net income of 3.99 billion yuan, surpassing the estimate of 3.89 billion yuan.
  • Revenue: Total revenue came in at 23.59 billion yuan, slightly below the estimated 23.98 billion yuan.
  • Rice Crackers Revenue: Revenue from rice crackers was 5.98 billion yuan, lower than the expected 6.17 billion yuan.
  • Dairy Products and Beverage Revenue: This segment generated 11.96 billion yuan, exceeding the estimate of 11.9 billion yuan.
  • Snack Foods Revenue: Snack foods revenue was 5.50 billion yuan, missing the estimate of 5.84 billion yuan.
  • Other Products Revenue: Revenue from other products reached 152.0 million yuan, higher than the expected 134.1 million yuan.
  • Gross Margin: Reported at 46.6%, slightly above the estimate of 46%.
  • Final Dividend per Share: Declared at 3.30 cents.
  • Analyst Ratings: The stock has 11 buy ratings, 6 hold ratings, and 3 sell ratings.

A look at Want Want Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.0

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

Want Want China Holdings Limited, a company primarily involved in the manufacturing and trading of rice crackers, snack food, beverages, and packing materials, is positioned for a positively mixed long-term outlook according to the Smartkarma Smart Scores. With a solid score of 4 in Dividend and equally decent scores of 3 in Growth, Resilience, and Momentum, the company shows promise in terms of stability, potential for growth, and sustained performance. Despite a moderate score of 2 in Value, Want Want‘s overall outlook remains optimistic, indicating a potential for steady dividends and a resilient performance in the market.

With manufacturing facilities predominantly based in China and Taiwan, Want Want‘s diversified product portfolio and market presence contribute to its overall favorable Smartkarma Smart Scores. The company’s focus on producing a variety of snack foods and beverages, alongside its emphasis on packaging materials, positions it well for long-term growth and stability in the industry. Investors looking for a company with a balanced approach to dividends, growth potential, resilience, and market momentum may find Want Want an appealing investment opportunity in the long run.

### Want Want China Holdings Limited manufactures and trades rice crackers, snack food, beverages, and packing materials. The Company also manufactures wheat, flour, and raw materials for the manufacture of snack foods. Most of the company’s production facilities are located in China and Taiwan. ###


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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