• ZTE reported its 1Q net income at 2.74 billion yuan, exceeding the estimated 2.62 billion yuan, registering a year-on-year growth of 3.7%.
• The company’s revenue stood at 30.58 billion yuan, again beating the estimated 29.51 billion yuan, growing 5.1% year-on-year.
• Its Earnings Per Share (EPS) also increased slightly from 56 RMB cents last year to 57 RMB cents this year.
• On investment advice grounds, there have been 12 buys, 6 holds, and the 2 sells so far for ZTE.
• The above comparisons to past results are based on the values reported by the company’s original disclosures.
A look at Zte Corp A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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
Based on the Smartkarma Smart Scores, Zte Corp A shows a positive long-term outlook. With strong scores in Growth and Momentum, the company is positioned well for expansion and potential market gains. Additionally, Zte Corp A demonstrates resilience in the face of challenges, as indicated by its high Resilience score. While the company’s Value and Dividend scores are moderate, the overall outlook for Zte Corp A appears optimistic.
ZTE Corporation specializes in developing and marketing a wide range of communication and networking solutions, including switches, access servers, video conferencing systems, and mobile communication devices. Their expertise extends to data communication and optical communication devices, offering comprehensive networking solutions for network setup, refurbishment, and optimization. With favorable ratings in Growth and Momentum, Zte Corp A is poised for future success 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.
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