In today’s briefing:
- Kalyan Jewellers- Grey Areas Surrounding Inventory
- China Healthcare Weekly (Jan.26) – Key Takeaways from the Failure of Henlius Privatization, TCM M&As
- CACI International Inc.: Counter-UAS Systems & International Expansion Driving Our Optimism! – Major Drivers
- Netflix Soars to New Heights: Breaking Down Their Massive Growth and the Challenges Ahead!
- Alcoa’s Surprising Bauxite Boom: The Hidden Catalyst Driving Market Domination! – Major Drivers
- Steel Dynamics: Expanding Aluminum Operations To Act As A Formidable Player In The Aluminum Market! – Major Drivers
- Textron Inc.: An Insight Into Its Sustainable Aviation
- United Airlines: Leveraging Technological Innovation To Change The Game! – Major Drivers
- Amphenol Corporation: Can Its Continued Expansion in Automotive Help Alter The Playing Field? – Major Drivers
- D.R. Horton: Adaptation to Market Trends Powering Our Bullishness! – Major Drivers

Kalyan Jewellers- Grey Areas Surrounding Inventory
- Kalyan Jewellers (KALYANKJ IN), one of the largest Indian jewellery player, has been under the limelight for various allegations and misconducts, including possibility of inventory overstatement.
- In this insight, we try to look at the inventory from the forensic lens and uncover the disparity in accounting.
- We also note that operating cash flows are boosted by movement in metal loans while company also has several RPT with promoters, especially on the purchases side.
China Healthcare Weekly (Jan.26) – Key Takeaways from the Failure of Henlius Privatization, TCM M&As
- There have been quite a few M&As in the field of TCM, with a clear trend of SOEs taking over TCM enterprises due to strategically significant and advantageous integration.
- Whether a drug can be approved does not depend on whether it has entered Phase II/III trials. The areas with clearly unmet medical needs often indicate good investment opportunities.
- The privatization of Henlius failed. Lin Lijun’s dissenting vote was based on a deliberate decision. We are optimistic about the outlook of Henlius due to its strong fundamentals and internationalization.
CACI International Inc.: Counter-UAS Systems & International Expansion Driving Our Optimism! – Major Drivers
- CACI International reported strong results for the second quarter of its fiscal year 2025, highlighted by a robust revenue growth of 14.5% and an EBITDA margin of 11.1%.
- The company secured $1.2 billion in new business awards during the quarter and reported a trailing 12-month book-to-bill ratio of 1.7x, indicating a solid demand for its services.
- This strong performance has prompted CACI to raise its full-year guidance, projecting revenue between $8.45 billion and $8.65 billion, and adjusted earnings per share ranging from $23.87 to $24.76.
Netflix Soars to New Heights: Breaking Down Their Massive Growth and the Challenges Ahead!
- Netflix Inc. continues to demonstrate strong performance in the streaming industry, underpinned by significant subscriber growth and robust financial metrics.
- In the fourth quarter of 2024, Netflix reported an unprecedented net addition of 19 million subscribers, culminating in a total of 41 million new members for the year.
- This surge not only surpassed analyst expectations but also propelled the stock to a record high of $999, reflecting investor confidence in the company’s growth trajectory.
Alcoa’s Surprising Bauxite Boom: The Hidden Catalyst Driving Market Domination! – Major Drivers
- Alcoa Corporation’s fourth quarter and full-year 2024 earnings report presents a multifaceted picture of the company’s performance and future outlook, highlighting both positive achievements and areas of concern.
- In 2024, Alcoa achieved significant operational and financial milestones.
- The company witnessed improved safety metrics and recorded no fatalities or life-altering injuries, which underscores its commitment to creating a safer work environment.
Steel Dynamics: Expanding Aluminum Operations To Act As A Formidable Player In The Aluminum Market! – Major Drivers
- Steel Dynamics (STLD) navigated a challenging market environment in 2024, achieving solid financial results while continuing strategic growth initiatives.
- The company reported second-highest annual steel shipments of 12.7 million tons, and cash from operations stood at $1.8 billion, supported by adjusted EBITDA of $2.5 billion.
- Net income for 2024 was recorded at $1.5 billion, reflecting a diluted share value of $9.84, while the fourth quarter net income was $207 million, or $1.36 per diluted share.
Textron Inc.: An Insight Into Its Sustainable Aviation
- Textron’s latest financial performance highlighted a mix of achievements and challenges across its diverse business segments.
- The company’s Q4 2024 revenues were $3.6 billion, a decrease from $3.9 billion in the previous year.
- Segment profit also saw a decline to $283 million, down $101 million from the prior year’s same quarter.
United Airlines: Leveraging Technological Innovation To Change The Game! – Major Drivers
- United Airlines Holdings’ latest earnings call for the fourth quarter and fiscal year 2024 highlights a robust performance that illustrates both advancements and challenges within the company.
- Reflecting on the year, United Airlines demonstrated strong financial outcomes primarily driven by strategic operational improvements and a favorable market environment.
- In 2024, United Airlines achieved a record earnings per share of $10.61, surpassing the midpoint of their initial guidance.
Amphenol Corporation: Can Its Continued Expansion in Automotive Help Alter The Playing Field? – Major Drivers
- Amphenol Corporation concluded the fourth quarter of 2024 on a strong note, reflecting robust financial performance across most of its business segments.
- The company’s quarterly sales reached a record $4.318 billion, a 30% increase in both U.S. dollars and local currencies and a 20% organic growth compared to the same period in 2023.
- This growth was consistent across all served markets, with the company achieving significant milestones in both quarterly and full-year metrics.
D.R. Horton: Adaptation to Market Trends Powering Our Bullishness! – Major Drivers
- D.R. Horton, Inc., “America’s Builder,” reported its financial performance for the first quarter of fiscal 2025 with results that underscore both strengths and challenges facing the company.
- Earnings came in at $2.61 per diluted share, a decrease from the $2.82 reported in the prior year.
- Despite the dip, the company generated consolidated revenues of $7.6 billion with consolidated pretax income of $1.1 billion, reflecting a pretax profit margin of 14.6%.