Earnings Alerts

Zhejiang Supcon Technology (688777) Earnings Report: R&D Expenses Meet Estimates with a Net Income Increase of 0.38%

  • SUPCON’s R&D expenses for the fiscal year have met the estimated values.
  • The R&D expenses totalled 907.8 million yuan, just slightly below the estimated 910 million yuan.
  • The company has seen a net income increase of 0.38%.
  • The company’s performance has led to 30 buyers, 1 hold, and no sells.

A look at Zhejiang Supcon Technology Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience5
Momentum2
OVERALL SMART SCORE3.4

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

Zhejiang Supcon Technology, a manufacturer and distributor of industrial automation control products, has a positive long-term outlook according to Smartkarma Smart Scores. With a score of 5 for both growth and resilience, the company is expected to see strong and sustainable growth in the future, while also being able to withstand potential challenges. This is further supported by a score of 3 for dividends, indicating the company’s ability to provide returns to its shareholders.

While Zhejiang Supcon Technology may not score as high in terms of value and momentum, with scores of 2 and 2 respectively, the company’s overall outlook is still promising. Its products, including distributed control systems and programmable logic controllers, are in high demand globally, giving the company a strong market presence. With its focus on industrial automation, Zhejiang Supcon Technology is well-positioned to continue its growth and success in the long run.


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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