Earnings Alerts

Piotech (688072) Earnings: 1H Net Income Surges to 94.3M Yuan with Strong Revenue Growth

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  • Piotech reported a net income of 94.3 million yuan for the first half of the year.
  • The company’s revenue stood at 1.95 billion yuan for the same period.
  • Investment analysts have shown strong interest, with 22 recommendations to buy the stock.
  • There is 1 hold recommendation for Piotech’s stock.
  • No sell recommendations were made by analysts for Piotech.

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A look at Piotech Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
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, Piotech shows a promising long-term outlook. With a strong Growth score of 5, the company is positioned well for expansion and development in the semiconductor industry. Additionally, Piotech demonstrates good Resilience and Momentum, with scores of 4 in both categories, indicating a level of stability and positive market performance.

Although Piotech’s Value and Dividend scores are lower at 2 each, the company’s focus on growth and its ability to weather market fluctuations suggest a potentially bright future ahead. Piotech Inc. specializes in manufacturing and distributing semiconductor devices, particularly in China, reinforcing its strategic position in a key 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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