- Chubu Electric reported third-quarter operating income of 41.37 billion yen, which is 5.9% lower than the previous year.
- The operating income fell short of the estimated 44.25 billion yen.
- Net income for the third quarter was 20.17 billion yen, showing a significant decrease of 56% year-over-year.
- The reported net income was also below the estimated 40.7 billion yen.
- Net sales for the third quarter were 885.15 billion yen, marking a 3.5% increase from the previous year.
- Net sales narrowly missed the projected estimate of 886.77 billion yen.
- For the full year, Chubu Electric maintains its net income forecast at 210.00 billion yen, slightly below the estimate of 218.42 billion yen.
- The company anticipates total annual net sales to be 3.60 trillion yen, aligning with the estimate of 3.58 trillion yen.
- Chubu Electric plans to maintain the annual dividend at 60.00 yen, meeting market expectations.
- The company’s stock receives a consensus rating of 3 buy recommendations and 2 holds, with no sell ratings.
A look at Chubu Electric Power Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
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
Chubu Electric Power Co, a company that generates, transmits, distributes, and sells electricity in the Chubu area, is positioned favorably for the long term based on its Smartkarma Smart Scores. With top scores of 5 in Value, Dividend, and Growth, the company is seen as offering strong value, consistent dividend payouts, and promising growth prospects. While scoring lower in Resilience and Momentum with scores of 2 and 3 respectively, these factors may present some challenges that the company needs to address to secure its long-term success.
In summary, Chubu Electric Power Co is a key player in the electricity market in the Chubu region, encompassing Aichi, Gifu, Mie, Nagano, and parts of Shizuoka Prefecture. With robust scores in key areas like Value, Dividend, and Growth, the company demonstrates its strong fundamentals and potential for future expansion. However, attention to improving Resilience and Momentum scores could further enhance its overall long-term outlook and competitiveness within the 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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