Earnings Alerts

Exploring Nanya Technology (2408) Earnings: A Comprehensive Look at November Sales and Stock Performance

By December 5, 2023 No Comments
  • Nanya Tech recorded sales of NT$2.87 billion in November.
  • The company saw a 3.71% increase in sales compared to the previous period.
  • There were 18 purchases of Nanya Tech stock with no holds.
  • Only one sale of the company’s stock was made.

Nanya Technology on Smartkarma

Independent analysts on Smartkarma have been covering Nanya Technology, a leading Taiwanese memory chip producer. Vincent Fernando, CFA has published two research reports on the company, one titled “Nanya Tech: Sharply Worse Margin Performance Than Micron & SK Hynix, But Supports Memory Recovery” and the other “Memory Monitor: Our Site Visit to Micron’s A3 Fab in Taiwan; AI Accelerating the Cycle Recovery“. Both reports are bullish on Nanya Technology and suggest that the company’s performance is improving as the memory chip industry recovers.

Vincent Fernando also recently published two more reports on Nanya Technology titled “Memory Monitor: Nanya Management Provides More Color on DRAM Cycle Bottom; Elan a Long W/ More Edge” and “Memory Monitor: Micron Signals Trough Is Past — Long Nanya Rebound & Elan Micro a Less Obvious Play“. In these reports, he reiterates his bullish sentiment on Nanya Technology and suggests that investors should take advantage of the short-term trade opportunities available for the company’s shares. He also highlights Elan Microelectronics as a less obvious play in the memory chip industry.


A look at Nanya Technology Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth2
Resilience4
Momentum5
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

Nanya Technology Corp. is a Taiwan-based company that manufactures and markets dynamic random access memories (DRAMs) worldwide. According to Smartkarma Smart Scores, the long-term outlook for Nanya Technology looks promising. The company has a strong score of 4 for Value, indicating that it is a good investment. Additionally, it has a score of 3 for Dividend, showing that it is likely to pay out a steady dividend. While Growth is lower at 2, Resilience and Momentum have scores of 4 and 5 respectively, indicating that the company is likely to be resilient in the long run and have strong momentum.

Overall, Nanya Technology has a strong long-term outlook. With scores of 4 and 5 for Value and Momentum, it is likely to be a good investment and have strong momentum in the long run. Additionally, its scores of 3 and 4 for Dividend and Resilience indicate that it is likely to pay out steady dividends and be resilient in the long-term.


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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