Earnings Alerts

Will Semiconductor Shan (603501) Earnings Soar with 1.37B Yuan Net Income: A 1H Financial Surge

  • Will Semi’s net income for the first half of 2024 soared to 1.37 billion yuan, up from 153.1 million yuan in the same period last year.
  • Revenue reached 12.09 billion yuan, marking a 36% increase year-on-year.
  • Research and Development (R&D) expenses grew by 34% year-on-year, totaling 1.26 billion yuan.
  • Analyst ratings include 32 buy recommendations, 1 hold, and 0 sell.
  • The year-on-year comparisons are based on the company’s original disclosures.

Will Semiconductor Shan on Smartkarma

Analyst coverage of Will Semiconductor Shan on Smartkarma by Travis Lundy shows a bullish sentiment towards the company. In his report titled “Mainland Connect NORTHBOUND Flows (To 28 June 2024): BIG Consumer Name Selling Again,” Lundy highlights that NORTHBOUND net selling continues, particularly in consumer names where a big consumer name is selling again. The report details weaknesses in appliances, mixed trends in tech and renewables, and light overall flows. Notably, the report mentions the net selling of RMB 11.8bn of A-shares, with utilities and raw materials being bought while consumer names, especially appliances, are being sold. Lundy’s analysis indicates a short gamma strategy, with sector underperformers being sold rather than bought.


A look at Will Semiconductor Shan Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth2
Resilience3
Momentum4
OVERALL SMART SCORE2.6

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

Analysts using Smartkarma Smart Scores indicate a positive long-term outlook for Will Semiconductor Shan. The company has received a momentum score of 4, showcasing strong potential for growth and market performance. Additionally, its resilience is rated at 3, reflecting its ability to withstand market fluctuations and challenges over time.

While the company’s value, dividend, and growth scores are all at 2, highlighting room for improvement in these areas, the overall outlook remains promising based on the momentum and resilience ratings. Will Semiconductor Co.,Ltd. Shanghai is known for manufacturing image sensor products and semiconductor items, making significant strides in the global market with its diverse range of high-quality offerings.


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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