Earnings Alerts

Wuxi Lead Intelligent Equipment (300450) Earnings: FY Net Income Misses Estimates

  • Lead Intelligent’s FY net income misses estimated projections.
  • The actual net income is reported to be 1.77 billion yuan.
  • This figure falls short of the estimated 3.43 billion yuan.
  • Similarly, the revenue also misses estimates.
  • The posted revenue is about 16.63 billion yuan instead of the anticipated 19.64 billion yuan.
  • Despite the missed estimates, the market’s reaction has varied.
  • 21 analyzes recommend a buy.
  • Conversely, 7 recommends to hold.
  • Interestingly, none of the analysts recommend to sell the stock.

Wuxi Lead Intelligent Equipmen on Smartkarma

Independent analysts on Smartkarma are closely monitoring Wuxi Lead Intelligent Equipmen, with Clarence Chu providing valuable insights. In his recent report titled “Wuxi Lead GDR Listing – Early Look – Another One in the Pipeline, Will Be Net Cash Post-Deal,” Chu reveals that Wuxi Lead is aiming to raise approximately US$300m through its upcoming Switzerland GDR listing. The company has approval to sell up to 78.3 million shares. Despite initial reports suggesting a larger fundraising target of US$495m, market conditions have influenced Wuxi Lead to possibly lower the deal size to US$300m based on its recent share price performance.


A look at Wuxi Lead Intelligent Equipmen Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.6

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

Wuxi Lead Intelligent Equipment Co Ltd, a manufacturer specializing in high-tech equipment such as electronic capacitors, solar energy devices, and lithium battery equipment, has garnered a positive long-term outlook based on Smartkarma Smart Scores. With a strong emphasis on growth and dividends, the company has received high scores in these areas. This indicates a promising future trajectory for Wuxi Lead Intelligent Equipment as it continues to expand and deliver returns to its shareholders.

Additionally, the company showcases resilience and momentum, further solidifying its position in the market. Wuxi Lead Intelligent Equipment’s ability to withstand challenges and maintain momentum in its operations bodes well for its sustainability and growth prospects in the long run. Overall, the Smartkarma Smart Scores reflect a favorable assessment of Wuxi Lead Intelligent Equipment’s performance across various key factors, painting a bright picture for its future in the industry.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars