- LS Electric‘s operating profit for Q3 was 100.79 billion won, marking a 52% increase compared to the previous year.
- The operating profit fell short of market estimates, which were 111.18 billion won.
- The company reported a net profit of 66.42 billion won, almost doubling with a 98% increase year-on-year.
- Net profit estimates were higher at 74.95 billion won.
- Sales reached 1.22 trillion won, showing a 19% year-on-year growth and matching market estimates.
- Following the financial results, LS Electric‘s shares increased by 3.7% to 0.32 million won, with 226,967 shares traded.
- The current stock recommendations include 22 buys and 3 holds, with no sell recommendations.
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A look at LS Electric Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
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
LS Electric Co., Ltd. is positioned for a promising long-term future, according to Smartkarma Smart Scores. With a strong emphasis on growth, the company received a high score in this category, indicating positive prospects for expanding its business and market presence. Additionally, LS Electric demonstrated solid momentum, suggesting a positive trend in its stock performance and overall market sentiment. This, combined with above-average scores in value and resilience, reflects a company with sound fundamentals and the ability to weather economic uncertainties.
Furthermore, LS Electric‘s focus on innovation and development in smart power equipment and related technologies bodes well for its future outlook. While the scores for value and dividend were more moderate, the company’s strong showing in growth, resilience, and momentum positions it well for continued success in its industry. Overall, LS Electric appears to be a company with a bright future ahead, leveraging its expertise in electrical power equipment and smart technology to drive growth and profitability.
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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