Earnings Alerts

Huizhou Desay Sv Automotive (002920) Earnings: 1Q Revenue Misses Estimates, Falls Short of Predicted Earnings

  • The company, Huizhou Desay Sv, reported its 1Q revenue, which was lesser than the estimated revenue.
  • The firm’s reported revenue stands at 5.65 billion yuan, which is below the expected 6.29 billion yuan.
  • The net income reported by Huizhou Desay Sv is 384.8 million yuan.
  • The company reported an Earnings Per Share (EPS) of 70 RMB cents.
  • The current market sentiment for Huizhou Desay Sv includes 30 buys, 3 holds, and 2 sells.

A look at Huizhou Desay Sv Automotive Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.4

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, Huizhou Desay Sv Automotive is positioned for long-term growth and positive momentum in the automotive parts industry. With strong scores in Growth and Momentum, the company is showing promising signs of expansion and market interest. The high Growth score indicates potential for increased market share and product demand, while the Momentum score suggests a positive trend in stock performance.

Huizhou Desay Sv Automotive’s focus on innovation and technological advancements in manufacturing automotive parts aligns well with its Growth and Momentum scores. Furthermore, the company’s product range, including vehicle infotainment systems and driver assistance systems, caters to the evolving needs of the automotive market in China. This strategic positioning, coupled with a decent Resilience score, signifies resilience in the face of market challenges, making Huizhou Desay Sv Automotive a company to watch in the 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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