- Sanan Opto reported a net income of 118.7 million yuan for the first quarter, a figure below the estimated 255.5 million yuan, as per two estimates.
- The firm’s revenue was also lesser than expected, standing at 3.56 billion yuan as opposed to the estimate of 3.78 billion yuan.
- Earnings per share (EPS) were also reported below the anticipated figure, at 2.0 RMB cents rather than the 4.1 RMB cents that was estimated.
- Analysing investor sentiment shows a mixed bag, with 9 investors opting to buy, 2 holding onto their shares and 3 selling theirs.
A look at Sanan Optoelectronics Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| 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
Sanan Optoelectronics Co., Ltd. is positioned favorably for the long term, based on analysis utilizing the Smartkarma Smart Scores. With a strong Value score of 4, the company is deemed to have sound fundamentals and trading at an attractive valuation. Moreover, its Growth and Resilience scores of 3 each indicate a positive outlook for future expansion and ability to withstand market challenges, respectively. Although the Dividend and Momentum scores are slightly lower at 2 and 3, respectively, Sanan Optoelectronics Co. remains a compelling investment opportunity in the LED industry.
Specializing in the research, production, and sale of LED epitaxial wafers and wafers, Sanan Optoelectronics Co., Ltd. is a key player in the optoelectronics sector. The company’s strong Value score of 4 underscores its solid financial standing and promising growth prospects. While the Dividend score is moderate at 2, the company’s focus on growth, resilience, and momentum, as reflected in its scores of 3 for each, positions Sanan Optoelectronics Co. as a robust contender in the market. Investors eyeing long-term potential in the LED industry may find Sanan Optoelectronics Co. a promising avenue for future returns.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
