Earnings Alerts

LONGi Green Energy Technology (601012) Earnings Reveal 2.57B Yuan Net Loss in 1H 2023

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  • LONGi Green reported a net loss of 2.57 billion yuan for the first half of the year.
  • The company’s revenue for the same period was 32.81 billion yuan.
  • Loss per share for LONGi Green amounted to 34 RMB cents.
  • Analyst ratings for LONGi Green include 21 buys, 6 holds, and 6 sells.

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A look at LONGi Green Energy Technology Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth2
Resilience3
Momentum3
OVERALL SMART SCORE3.0

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

LONGi Green Energy Technology Co., Ltd. is positioned favorably for long-term success based on the Smartkarma Smart Scores analysis. With a strong Value score of 4, the company is deemed to be undervalued compared to its intrinsic worth. Coupled with a respectable Dividend score of 3, investors may anticipate decent dividend payouts. However, there is room for improvement in the Growth category, where LONGi Green Energy Technology scored a 2, suggesting potential for expansion and development.

In terms of Resilience and Momentum, the company scored a 3 on both fronts. This indicates that LONGi Green Energy Technology has shown steady performance and possesses the ability to weather economic uncertainties. Looking ahead, focusing on enhancing growth opportunities while maintaining resilience and momentum could further solidify LONGi Green Energy Technology‘s position in the market.


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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