Earnings Alerts

Advanced Micro-Fabrication Equipment (688012) Earnings: 1Q Net Income Misses Forecasts

  • Advanced Micro-Fab’s first quarter net income landed at 249.1 million yuan, falling short of the initially estimated 412.6 million yuan.
  • The revenue also failed to meet expectations, garnering 1.61 billion yuan instead of the predicted 1.66 billion yuan.
  • Despite the misses, Advanced Micro-Fab received positive feedback from the market with 29 buys, 4 holds, and no sells.

A look at Advanced Micro-Fabrication Equ Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience5
Momentum4
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

Based on Smartkarma’s Smart Scores, Advanced Micro-Fabrication Equipment Inc. shows promising indicators for long-term success. With a high Growth score of 5 and a strong Resilience score of 5, the company appears well-positioned to capitalize on future opportunities and navigate challenges effectively. Additionally, a Momentum score of 4 suggests positive ongoing market sentiment towards the company, indicating potential for sustained growth.

While the Value and Dividend scores for Advanced Micro-Fabrication Equipment Inc. may not be as high as its Growth and Resilience scores, the overall outlook remains positive. As a China-based manufacturer of micro-fabrication equipment serving the semiconductor and high technology industries, the company’s focus on innovation and product development aligns well with the evolving demands of these sectors, potentially driving future success.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars