- AAC Technologies reported a net income of 876 million yuan for the first half of the year, marking a 63% increase from the previous year when it was 537 million yuan.
- Revenue rose by 18% year-on-year, reaching 13.32 billion yuan.
- The company’s gross profit margin slightly decreased to 20.7% from 21.5% the previous year.
- The significant rise in profit is mainly due to improved profitability in its optics business and growth in the precision mechanics segment.
- AAC Technologies plans to maintain a disciplined capital expenditure policy and use operating cash flow to support growth and innovation.
- The company will uphold a final dividend payout ratio of 15% but will not issue an interim dividend.
- Market analysts’ recommendation for the company includes 30 buy ratings, 1 hold, and 1 sell.
A look at AAC Technologies Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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
Based on the Smartkarma Smart Scores, AAC Technologies Holdings is positioned for strong long-term growth. With a high Growth score of 5, the company is projected to expand steadily in the future. This is complemented by its above-average Value score of 4, indicating that the company’s stock may be undervalued relative to its performance. Additionally, AAC Technologies Holdings demonstrates solid Momentum with a score of 4, suggesting positive price trends in the market.
While AAC Technologies Holdings shows promise in terms of growth and valuation, it also exhibits resilience with a score of 3. This indicates the company’s ability to weather market uncertainties and economic fluctuations. Despite a moderate Dividend score of 3, investors looking for steady income may still find value in AAC Technologies Holdings.
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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