- Hua Hong Semiconductor reported a revenue of $539.2 million for the fourth quarter, closely aligning with estimates of $535.9 million.
- The revenue from 8″ wafers was reported at $252.2 million, surpassing the estimated $237.6 million.
- The revenue from 12″ wafers was $286.9 million, slightly below the estimated $289 million.
- The gross margin for the quarter stood at 11.4%, which was lower than the estimated 12.6%.
- The capital expenditure was significantly higher than expected, reaching $1.51 billion compared to the estimated $816.6 million.
- Analyst recommendations for Hua Hong include 21 buys, 4 holds, and 3 sells.
A look at Hua Hong Semiconductor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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 are optimistic about the long-term outlook for Hua Hong Semiconductor Limited, a company specializing in manufacturing semiconductors for various industries. According to Smartkarma’s Smart Scores, Hua Hong Semiconductor scored high in key areas such as value, resilience, and momentum, indicating a positive overall outlook. The company received top scores in value and resilience, pointing towards its strong financial health and ability to weather market challenges effectively. Additionally, its momentum score suggests a promising growth trajectory for the future, backed by its consistent performance and market momentum.
Hua Hong Semiconductor‘s position in the market is further supported by its focus on specialty semiconductor applications for consumer electronics, communication, computing, industrial, and automotive industries. With a balanced combination of strong value, resilience, and growth potential, Hua Hong Semiconductor is well-poised to capitalize on emerging opportunities in the semiconductor sector and drive long-term success for investors.
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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