Far Eastern New Century (1402) Earnings: January Sales Report of NT$22.05 Billion Indicates 4.43% Decline

Far Eastern New Century on Smartkarma

Far Eastern New Century is receiving positive analyst coverage on Smartkarma, a platform where independent analysts share their research. Janaghan Jeyakumar, CFA, published two reports with a bullish sentiment on the company. In the report “Quiddity TDIV/50/100 Sep 24 Rebal: 100% Hit Rate; Perfectly Positioned for Our Trade,” Jeyakumar highlighted that the TDIV rebalance would trigger substantial index flows. The report also mentioned specific changes in the T50 and T100 indices, with accurate predictions on market movements. In another report, “Quiddity TDIV Sep 24 Flow Expectations: Final Expectations; One Deletion; US$253mn One-Way,” Jeyakumar discussed expected inflow and outflow names, emphasizing potential outperformance of certain stocks in the coming weeks.

A look at Far Eastern New Century Smart Scores

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

Analysts using Smartkarma Smart Scores have evaluated Far Eastern New Century Corporation to have a positive long-term outlook. With high scores in Value and Dividend, the company is considered to offer attractive investment opportunities and consistent dividend payouts. However, its lower scores in Growth, Resilience, and Momentum suggest some areas of weakness that investors should consider.

Far Eastern New Century Corporation, a textile manufacturing company, excels in providing value to investors and maintaining a strong dividend profile. Despite facing challenges in growth, resilience, and momentum, the company’s core business of producing and marketing textile products remains its key strength.

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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