Earnings Alerts

Ecopro BM (247540) Earnings: 2Q Operating Profit Surpasses Estimates with 49 Billion Won

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  • Ecopro BM reported an operating profit of 49.00 billion won for the second quarter.
  • This operating profit exceeded the estimated forecast of 11.8 billion won.
  • The company’s sales reached 779.72 billion won for the same period.
  • Sales figures also surpassed the estimated sales of 739.16 billion won.
  • The company has received 6 analyst recommendations to buy, 12 holds, and 10 sells.

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Ecopro BM on Smartkarma

Analysts on Smartkarma, such as Douglas Kim, have been closely monitoring the performance of Ecopro BM. In a recent report titled “Korea: Short Selling Data Analysis (Which Stocks Are the Gainers and the Losers?),” Kim highlighted the short selling activity surrounding firms like Ecopro Group. The report delves into the short interest ratios of top stocks in KOSPI and KOSDAQ, revealing that shorting has been more successful for KOSDAQ names with higher ratios compared to KOSPI names over the past two weeks. The analysis also points out significant shorting on Ecopro Group companies, along with other key players in the rechargeable battery sector like Posco Future M, L&F, and SK IE Technology.


A look at Ecopro BM Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE2.2

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, Ecopro BM demonstrates a strong long-term outlook with an overall positive assessment. With a notable momentum score of 4, the company is showing significant growth potential and favorable market traction. Additionally, Ecopro BM scores well in terms of resilience and value, indicating a solid foundation and a balanced approach towards sustainable growth.

Though Ecopro BM’s dividend score is relatively lower, its focus on innovation and high-nickel cathode materials align well with the company’s growth prospects. Overall, Ecopro BM, a developer and manufacturer of advanced materials based in Korea, appears to be well-positioned for continued success in the evolving market landscape.


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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