Earnings Alerts

Shengyi Technology (600183) Earnings: FY Net Income Misses Estimates with 1.16 Billion Yuan

  • Shengyi Tech’s net income for the fiscal year missed estimates.
  • The actual net income was 1.16 billion yuan, falling short of the estimated 1.21 billion yuan.
  • The company’s revenue also missed the mark, recording 16.59 billion yuan against an estimated 16.85 billion yuan.
  • There were 16 buys, 1 hold, and 1 sell recorded for Shengyi Tech’s stocks.

A look at Shengyi Technology Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience3
Momentum5
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

Shengyi Technology Co., Ltd. is a company that produces and sells electronic components. These components include copper coated panels, printed circuit boards, and other related products. The company’s outlook for the long-term future looks promising, as indicated by its Smartkarma Smart Scores. These scores range from 1 to 5, with a higher score indicating a better outlook for the company. For Shengyi Technology, the scores are 2 for value, 4 for dividend, 3 for growth, 3 for resilience, and an impressive 5 for momentum. This suggests that the company is performing well in terms of its value, dividend, and growth potential, and has shown strong resilience and momentum in the market.

Based on these scores, it can be expected that Shengyi Technology will continue to thrive and grow in the long-term. With a strong momentum score, the company is likely to see continued success and growth in the market. Additionally, its above-average scores for value, dividend, and resilience indicate that the company is well-positioned to weather any potential challenges and continue to provide value to its investors. Overall, the future looks bright for Shengyi Technology, making it a promising option for those looking to invest in the electronic components industry.


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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