Earnings Alerts

Montage Technology (688008) Posts Strong Earnings: 1H Net Income Hits 1.16B Yuan with Robust Revenue Growth

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  • Montage Technology recorded a net income of 1.16 billion yuan for the first half of the year.
  • The company’s revenue reached 2.63 billion yuan during this period.
  • Analysts have rated the company with 19 buys and 2 holds, with no sell ratings.

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Montage Technology on Smartkarma



Analyst coverage on Smartkarma has highlighted Montage Technology’s H-share listing, with Sumeet Singh‘s bullish take in the report “Montage Technology A/H Listing – Fast Growth but Doesn’t Need the Cash, Delisted Once.” The report dives into Montage Technology’s aim to raise around US$1bn and its product portfolio focused on memory interface and interconnect chips. Singh delves into the company’s past performance and evaluates deal dynamics that could impact the listing.

Brian Freitas also chimes in with a positive outlook in the report “SSE50/SSE180 Index Rebalance: Some Surprises Among the Adds; Deletes as Expected.” Freitas highlights changes in the SSE50 and SSE180 Indexes, noting surprise additions in the SSE50 that have shown strong performance. The report anticipates further upside in these additions, indicating a potential move higher for the ‘surprise’ adds in the index rebalance.



A look at Montage Technology Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum4
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, Montage Technology is positioned favorably for long-term growth and resilience. With a Growth score of 4 and Resilience score of 5, the company demonstrates solid potential for expansion and ability to weather market uncertainties. Additionally, its Momentum score of 4 indicates strong positive market momentum, further enhancing its outlook.

Montage Technology, a manufacturer of electronic components specializing in memory interface chips and consumer electronics cores, has potential in various fields including memory, server, and cloud computing. While it scored average on Value and Dividend factors, its high scores in Growth, Resilience, and Momentum suggest a promising future for the company in the long run.


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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