
- Hanwha Systems reported a second-quarter operating profit of 33.45 billion won.
- The operating profit missed the estimate, which was 74.48 billion won.
- The net profit for the quarter was 40.91 billion won.
- The net profit also came in below the forecasted 59.9 billion won.
- Sales for the quarter were 768.19 billion won.
- This sales figure fell short of the expected 910.5 billion won.
- The company’s stock has 14 buy ratings, 1 hold rating, and 2 sell ratings from analysts.
Hanwha Systems Co Ltd on Smartkarma
Analysts on Smartkarma have been closely covering Hanwha Systems Co Ltd, providing valuable insights into the company’s prospects. Douglas Kim, a prominent analyst on the platform, included Hanwha Systems in his recent report titled “Top 10 Korean Stock Picks and Key Catalysts Bi-Weekly.” The report highlights Hanwha Systems as one of the top picks, alongside other major Korean companies. Kim’s bullish sentiment on Hanwha Systems is backed by the stock’s performance, outperforming the KOSPI index during the specified period.
In contrast, Douglas Kim‘s analysis in another report, “Hanwha Systems: Expand 3rd Party Allocation Capital Increase Limit from 20% to 30% of Issued Shares,” suggests a more cautious approach towards the company. Hanwha Systems’ plan to increase its capital raise limit raises concerns for Kim, who expresses a bearish sentiment on the potential implications of such a move. This shift in stance from a previous bullish outlook reflects the evolving dynamics surrounding Hanwha Systems and underscores the importance of comprehensive analyst coverage for investors.
A look at Hanwha Systems Co Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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
Hanwha Systems Co Ltd, a company specializing in designing and distributing high-tech systems for the defense industry, has a promising long-term outlook according to Smartkarma Smart Scores. With a strong emphasis on growth and momentum, Hanwha Systems is positioned to expand and thrive in the future. Its impressive growth score of 5 demonstrates the company’s potential for advancement and development in its sector. Additionally, a high momentum score of 5 indicates a positive trend in the company’s stock performance, reflecting investor interest and confidence in its future prospects.
Despite moderate scores in value and dividend factors, Hanwha Systems Co Ltd shines in resilience, scoring a 4. This resilience score signifies the company’s ability to weather challenges and adapt to changing market conditions effectively. Overall, Hanwha Systems Co Ltd‘s Smartkarma Smart Scores paint a favorable picture of a company with strong growth potential, robust momentum, and a solid foundation for long-term success in the defense 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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