- Samsung Mechanics’ operating profit for the first quarter exceeded expectations, reaching 180.32 billion won. This is an increase of 29% year-over-year, with the estimate set at 170.49 billion won.
- The net income was at 183.11 billion won, marking a 64% rise year-over-year. The earlier estimate stood at 123.54 billion won.
- The company’s sales were at 2.62 trillion won, up by 30% year-over-year. The sales estimate was previously at 2.43 trillion won.
- The shares of Samsung Mechanics rose by 2.1%, hitting the 0.15 million won mark. The rise was based on 286,051 shares traded.
- There have been 32 buys, zero holds, and one sell recorded.
- The financial results are compared to the past based on the values provided by the company’s initial disclosures.
A look at Samsung Electro Mechanics Co, Ltd. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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
Based on the Smartkarma Smart Scores, Samsung Electro Mechanics Co, Ltd. shows a promising long-term outlook. With solid scores of 3 in Value, Growth, and Momentum, as well as a respectable score of 4 in Resilience, the company displays positive prospects across various key factors. While the Dividend score of 2 is slightly lower, the overall outlook remains optimistic.
Samsung Electro Mechanics Co, Ltd. is known for manufacturing electronic components utilized in a wide range of products including computers, audio and video devices, industrial electronics, and telecommunication equipment. Their product portfolio encompasses multi-layer boards, capacitors, optical Pick Ups, deflection yokes, keyboards, speakers, and LED products. With a mix of strong scores across critical performance indicators, the company seems well-positioned to maintain its growth trajectory and resilience 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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