- HD Hyundai Heavy achieved an impressive operating profit of 433.7 billion won in Q1, significantly surpassing both last year’s 21.3 billion won and the estimated 258.19 billion won.
- The company reported a net profit of 284.2 billion won, a substantial increase compared to the previous year’s 28.6 billion won, and exceeding the forecasted 185.24 billion won.
- Sales for the quarter reached 3.82 trillion won, marking a 28% year-over-year growth and surpassing the projected 3.72 trillion won.
- Current market sentiments reflect strong confidence in HD Hyundai Heavy with 19 buy ratings, 2 hold ratings, and 2 sell ratings from analysts.
A look at HD Hyundai Heavy Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| 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
HD Hyundai Heavy Industries Co., Ltd., a prominent shipbuilding company, is poised for a positive long-term outlook according to the Smartkarma Smart Scores. With a strong Growth score of 5, indicating robust future potential, the company is well-positioned for expansion and development in the industry. Complementing this, a Momentum score of 5 suggests a favorable trend in the company’s stock performance and overall market position.
Moreover, HD Hyundai Heavy Industries demonstrates resilience with a score of 4, showcasing its ability to weather challenges and uncertainties. Although the company received moderate scores of 2 in both Value and Dividend categories, the combination of high Growth, Momentum, and Resilience scores bodes well for its sustained success and stability in the market.
Summary: HD Hyundai Heavy Industries Co., Ltd. specializes in various shipbuilding services including naval, industrial, crude oil tanker, bulk carrier, and container carrier construction. Additionally, the company provides offshore, engineering, engine and machinery, and marine plant services, highlighting its diverse offerings in the maritime sector.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
