- Foxconn Industrial reported a significant net income increase of 38.6% for the first half of the year.
- In the second quarter alone, the company achieved a net income of 6.88 billion yuan.
- Investment sentiment is positive, with 28 analysts recommending a “buy” rating.
- There is only 1 “hold” rating and no “sell” ratings from analysts.
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A look at Foxconn Industrial Internet Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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
Based on the Smartkarma Smart Scores, Foxconn Industrial Internet has a positive long-term outlook. With high scores in Growth, Dividend, and Momentum, the company appears to be well-positioned for future success. Its focus on innovation and expansion is reflected in the strong Growth and Momentum scores, indicating potential for increasing market share and profitability over time. Additionally, the solid Dividend score suggests a stable financial position that could attract income-seeking investors.
While the Value and Resilience scores are not as high as the other factors, Foxconn Industrial Internet‘s overall outlook seems promising. As a communication network equipment development company that also manufactures a range of technological products, including network switches, routers, wireless devices, and smart home gateways, the company has a diversified portfolio that could contribute to its continued growth and resilience in the competitive market.
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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