- Wingtech Tech’s net income for Q1 was 261.4 million yuan, below the estimated 430 million yuan.
- The company reported a revenue of 13.10 billion yuan, which was significantly lower than the estimated 17.17 billion yuan.
- Earnings per share (EPS) came in at 21 RMB cents, missing the estimate of 28 RMB cents.
- Despite the missed estimates, the investment sentiment remains largely positive with 17 buy ratings and only 1 hold, with no sell ratings.
A look at Wingtech Technology Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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
Wingtech Technology, a company specializing in manufacturing communications equipment, has been given a mixed bag of Smart Scores across different factors. With a top-notch Value score of 5, indicating solid fundamentals and undervaluation, Wingtech Technology seems to offer good investment value. However, its Dividend score of 2 suggests a lower inclination towards distributing profits to shareholders. In terms of Growth, Resilience, and Momentum, Wingtech Technology scores average with scores of 3 each, signaling moderate growth prospects, resilience to market challenges, and stable performance momentum.
In summary, Wingtech Technology is a company involved in the production of mobile phones, tablets, smart devices, and other communication equipment. Apart from its core business, the company also dabbles in real estate development, hotel management, financing, and other ventures. Investors considering Wingtech Technology should take note of its strong Value score, modest growth potential, and overall stable outlook reflected in its Resilience and Momentum scores.
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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