- Hengtong Optic-electric reported a net income of 2.77 billion yuan for the fiscal year.
- This net income figure was slightly below the analysts’ estimate of 2.81 billion yuan.
- The company’s revenue for the same period was 59.98 billion yuan.
- The revenue exceeded expectations, which were estimated at 54.67 billion yuan.
- Analyst recommendations on Hengtong Optic-electric include 15 ‘buy’ ratings, 0 ‘hold’ ratings, and 1 ‘sell’ rating.
A look at Hengtong Optic Electric Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| 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
Investment analysts on Smartkarma have given Hengtong Optic Electric a promising long-term outlook, with high scores in growth factors. With a Growth score of 5, the company is well-positioned for expansion and development in the future. This indicates positive projections for the company’s future performance and market competitiveness. Additionally, Hengtong Optic Electric scored well in the Value category, with a score of 4, suggesting that the company is seen as having strong value potential relative to its market price.
While Hengtong Optic Electric shows strengths in growth and value, analysts also rated the company decently in Resilience and Momentum, with scores of 3 in both categories. This indicates that the company has a moderate level of resilience to market challenges and a stable momentum in its operations. The Dividend score of 3 signifies a moderate outlook for dividend-related factors. Overall, Hengtong Optic Electric‘s scores point towards a positive trajectory for the company’s future performance in the optical fiber and cable industry.
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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