Earnings Alerts

Imeik Technology Development C (300896) Reports Massive Earnings Increase in 1H Net Income: A Detailed Analysis

  • Imeik Technology reported a net income of 963.4 million yuan in the first half of the year.
  • This is a 65% increase compared to the same period last year, when the net income was 585.1 million yuan.
  • Revenue also increased by 65% year-on-year, reaching 1.46 billion yuan.
  • Market response has been positive, with 39 buys, and no holds or sells reported.
  • The comparisons to past results are based on values reported by the company in its original disclosures.

A look at Imeik Technology Development C Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience5
Momentum2
OVERALL SMART SCORE3.2

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

Imeik Technology Development Co., Ltd. is a biomedical products manufacturer and distributor with a broad range of products, including sodium hyaluronate, collagens, and polylactic acids. The company has recently been given a Smartkarma Smart Score of 1-5, indicating its outlook over the long-term.

The company scored highly in terms of growth and resilience, with a 5/5 rating for both. However, its scores for value and dividend were slightly lower at 2/5 each. Momentum also scored 2/5. Despite the lower scores for value and dividend, Imeik Technology Development Co., Ltd. is well-positioned for long-term success, with high ratings for growth and resilience.


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.
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