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Smartkarma Newswire

Endeavour Group /Australia (EDV) Earnings: FY Net Income Hits A$512M, Announces Final Dividend of A$0.075

By | Earnings Alerts
  • Endeavour Group reported a net income of A$512 million for the fiscal year.
  • Final dividend per share stands at A$0.075.
  • Analyst recommendations include 10 buys and 5 holds, with no sell ratings.

Endeavour Group /Australia on Smartkarma





Analysts on Smartkarma are keeping a close eye on Endeavour Group /Australia, particularly after Woolworths Ltd’s announcement to raise A$468m (US$305m) by selling its stake in the company. Clarence Chu, a prominent analyst on Smartkarma, has published a bullish insight on the matter titled “Endeavour Group Placement – While There Is an Overhang, Selldown Now Appears Well Flagged.” In his report, Chu delves into the details of the deal dynamics and evaluates its impact using an ECM framework. Endeavour Group, which was demerged from Woolworths in June 2021, focuses on the drinks and hospitality business of Woolworths, making it a significant player in the market.



A look at Endeavour Group /Australia Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

Endeavour Group Limited of Australia, a retail drinks and hospitality business, is showing a promising long-term outlook based on Smartkarma Smart Scores. With a strong score of 4 for Growth and Momentum, the company is positioned for significant future expansion and sustained market performance. This indicates a positive trajectory for Endeavour Group’s revenue and potential for continued growth in the competitive industry.

Although the company received a lower score of 2 for Resilience, its value proposition with a score of 3 and a balanced dividend score of 3 suggest stability and a focus on shareholder returns. This balanced approach to financial health combined with the high growth and momentum scores indicates a strategic direction towards long-term success for Endeavour Group in the retail drinks and hospitality sector in Australia.

### Endeavour Group Limited of Australia is a retail drinks and hospitality business offering distilled spirits, neutral spirits, and ethyl alcohol for blended wines and liquors in Australia. ###


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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Pilbara Minerals (PLS) Earnings: FY Net Income Plummets 89% Y/Y

By | Earnings Alerts
  • Pilbara Minerals reported a net income of A$256.9 million for the full year.
  • This is a significant decrease of 89% compared to A$2.39 billion from the previous year.
  • EBITDA for the year stood at A$538 million, marking an 84% drop year-over-year.
  • The company’s revenue came in at A$1.25 billion, down 69% from last year, and slightly below the estimated A$1.26 billion.
  • The substantial declines in net income and EBITDA are mainly due to lower average realised sales prices.
  • Statutory Profit after Tax also saw an 89% decline from the prior corresponding period.
  • Market analysts are divided on the company, with 8 buy ratings, 5 hold ratings, and 4 sell ratings.

A look at Pilbara Minerals Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth5
Resilience5
Momentum3
OVERALL SMART SCORE4.2

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

Investment analysts are considering a positive long-term outlook for Pilbara Minerals based on Smartkarma Smart Scores. The company has received high scores in Dividend, Growth, Resilience, and Momentum, indicating strong performance in these areas. With a focus on mineral exploration in Western Australia, Pilbara Minerals is seen as a promising player in the mining industry.

Pilbara Minerals, a mineral exploration company with holdings in the west Pilbara region of Western Australia, has garnered favorable Smartkarma Smart Scores in key areas. Their strong scores in Dividend, Growth, Resilience, and Momentum highlight the company’s potential for long-term success in the mining sector. Analysts are optimistic about Pilbara Minerals‘ future prospects given its solid performance across these important factors.


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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Lens Technology (300433) Earnings: 1H Net Income Hits 861.3M Yuan on Revenue of 28.87B Yuan

By | Earnings Alerts
  • Lens Technology’s net income for the first half of 2024 is 861.3 million yuan.
  • The company’s revenue for the same period is 28.87 billion yuan.
  • Analyst recommendations consist of 12 buy ratings, 1 hold, and 0 sell.

A look at Lens Technology Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience3
Momentum5
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

Investors are eyeing the long-term prospects of Lens Technology Co., Ltd. based on the Smartkarma Smart Scores. With a strong score of 5 in Momentum, the company is showing promising signs of growth and market performance. Coupled with a solid score of 4 in Dividend, Lens Technology’s ability to reward investors with dividends adds to its attractiveness. While the company scores moderately in Value, Growth, and Resilience, the high momentum score suggests that Lens Technology may have the potential for significant future growth.

As a manufacturer of optical products, Lens Technology Co., Ltd. specializes in producing optical lenses and electronic components among other products. The company’s diversified product range includes metal parts, showcasing its versatility in catering to various industries. With a balanced performance across Value, Growth, and Resilience, and particularly strong Momentum and Dividend scores, Lens Technology appears to be positioned for favorable long-term prospects in the market.


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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China Petroleum & Chemical (386) Earnings: 1H Net Income Rises to 35.70B Yuan, EPS at 30.7 RMB Cents

By | Earnings Alerts



Sinopec Financial Highlights

  • Net income for the first half of 2024: 35.70 billion yuan.
  • Year-over-year increase in net income: 1.7% (previous year: 35.11 billion yuan).
  • Total revenue: 1.58 trillion yuan.
  • Interim dividend per share: 14.6 RMB cents.
  • Realized crude oil price per barrel: 3,981 yuan.
  • Realized natural gas price per thousand cubic feet: 1,895 yuan.
  • Earnings per share (EPS): 30.7 RMB cents.
  • Analyst recommendations: 14 buys, 5 holds, 0 sells.



A look at China Petroleum & Chemical Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE4.2

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



Analysts at Smartkarma have assigned China Petroleum & Chemical Corporation an overall positive outlook based on Smart Scores. The company received top scores in Value and Dividend, indicating strong fundamentals and attractive dividend payouts for investors. With a solid foundation in financial performance and income distribution, China Petroleum & Chemical is seen as a promising investment option for long-term growth.

Although the company received slightly lower scores in Growth and Resilience, its overall Momentum score suggests that China Petroleum & Chemical is currently exhibiting strong upward momentum in the market. This indicates potential for increasing shareholder value and market performance in the foreseeable future. Investors may view China Petroleum & Chemical as a stable and lucrative investment opportunity in the energy sector.



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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Top 10 Highlights from the APAC PE, VC and Startup Ecosystem this Week – 25 Aug 2024

By | Private Markets, Smartkarma Newswire

Top ten highlights from the APAC PE, VC, and startup ecosystem this week:

  1. Only five Southeast Asia-focused venture capital funds closed in the first semester of 2024, marking a sharp decline from previous periods, signaling a cautious approach by limited partners.
  2. First-time managers faced fundraising challenges in the first half of the year, with a decrease in both the number of fund closes and the total capital raised.
  3. Greater China startups experienced a significant drop in fundraising in Q2 2024, with only $9 billion raised, down 54.9% QoQ, and deal volume declining by 14.6%.
  4. Chinese state-backed investors supported homegrown startups amid global investors’ caution, resulting in a decline in mega deals.
  5. LPs, particularly Southeast Asia-based family offices, are progressively allocating more to private assets, with the number of family offices in the region growing significantly.
  6. Notable LP commitments include IFC considering a $65-million equity investment in the third private credit fund of Singapore-based Orion Capital.
  7. KKR raised $808 million for its latest private credit fund focused on the Asia-Pacific region, with Intudo Ventures and Monk’s Hill Ventures gauging investor interest for their fourth funds.
  8. CAS Investment reached the first close of a new RMB fund series to invest in disruptive startups, while MA Financial launched a $675-million real estate investment vehicle.
  9. Dreame Technology established a corporate venture capital arm for AI and robotics investments while Good Capital is closing its second fund at $40 million next month.
  10. 360 ONE Asset Management raised $500 million for its first secondary fund, reflecting continued activity in the Asia-Pacific venture capital ecosystem.

APAC Private Markets Research

Explore latest Insights on APAC Private Markets on Smartkarma


Disclaimer:This article by is general in nature and based on publicly available information and 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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Also, check out the latest in ECM Research on Smartkarma