Earnings Alerts

ZTE Corp A (000063) Earnings Update: FY Net Income Misses Estimates Despite 15% Yearly Increase

  • ZTE’s net income for the fiscal year was 9.33 billion yuan, which is a 15% increase year on year.
  • However, it fell short of the estimated 9.68 billion yuan.
  • The company’s revenue was 124.25 billion yuan, a 1% increase compared to the previous year.
  • This also slightly missed the estimated revenue of 124.47 billion yuan.
  • A final dividend per share of 68.3 RMB cents was announced.
  • There was an increase in the earnings per share (EPS) from 1.71 yuan the previous year to 1.96 yuan.
  • The company received 15 buy ratings, 5 hold ratings, and 0 sell ratings.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

A look at Zte Corp A Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience4
Momentum4
OVERALL SMART SCORE3.8

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

According to Smartkarma Smart Scores, Zte Corp A has a positive long-term outlook. The company scored a 3 out of 5 in both value and dividend factors, indicating a stable financial standing and potential for future returns for investors. In terms of growth, Zte Corp A scored a 5 out of 5, suggesting strong potential for expansion and development in the market. The company also received a score of 4 out of 5 in both resilience and momentum, highlighting its ability to withstand market fluctuations and maintain a steady pace of growth.

Based on the company’s description, Zte Corp A specializes in the development and marketing of various communication devices, including switches, mobile communication systems, and networking solutions. This diverse range of products positions the company well for future growth and stability in the ever-evolving tech industry. With its solid scores in all key factors, Zte Corp A is poised for success in the long-term and is worth considering for investment opportunities.


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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