- BYD Electronic reported a net income of 1.73 billion yuan for the first half of the year, aligning closely with the estimated 1.72 billion yuan.
- The company’s revenue was 80.61 billion yuan, slightly below the forecasted revenue of 85.88 billion yuan.
- Research and Development (R&D) expenses totaled 2.23 billion yuan, which was lower than the estimated 3.08 billion yuan.
- Administrative expenses reached 887.5 million yuan, surpassing the expected 736.7 million yuan.
- Market sentiment is overwhelmingly positive with 30 buy recommendations, 2 hold recommendations, and no sell recommendations for BYD Electronic.
A look at BYD Electronics Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
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
BYD Electronics, a company specializing in handset components and assembly services, seems to have a promising long-term outlook based on its Smartkarma Smart Scores. With a Growth score of 5, BYD Electronics is positioned for significant expansion and development in the future. This suggests that the company has strong potential for growth and increasing market influence in the industry.
Additionally, a high Dividend score of 4 indicates that BYD Electronics is likely to provide steady and reliable returns to its investors over the long run. This, combined with a Resilience score of 3, implies that the company may have the ability to adapt and withstand market fluctuations. However, the Momentum score of 2 suggests that BYD Electronics might be facing some challenges in terms of maintaining its current pace of growth and market performance.
Summary: BYD Electronic International Co., Ltd. is focused on researching, developing, and manufacturing handset components and providing assembly services to global handset manufacturers. It has strong growth potential, promising dividend returns, resilience in the face of market changes, but may be experiencing some momentum challenges.
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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