- Shinko Electric has revised its operating income forecast downwards to 24.80 billion yen. Originally, it was predicted to be 35.00 billion yen.
- The operating income estimate misses expectations as it was estimated to be 31.9 billion yen.
- The company also lowered their net income projection to 18.60 billion yen from the earlier prediction of 24.00 billion yen.
- The new net income figure falls short of market estimates, having been pegged at 23.54 billion yen.
- Net sales also took a dip in the updated forecasts, now standing at 209.90 billion yen down from 230.00 billion yen.
- The revised net sales figure lags behind the estimated 223.45 billion yen.
- Market sentiments towards Shinko Electric’s stock are mixed, with 5 buys, 4 holds, and 1 sell.
- All comparisons of present and past results are based on values from Shinko Electric’s original disclosures.
Shinko Electric Industries on Smartkarma
Analysts on Smartkarma are providing varied perspectives on Shinko Electric Industries (6967 JP). Arun George sees the widening spread as an opportunity, with low deal break risks, attributing the spread increase to various factors, including China SAMR timing. Travis Lundy, on the bearish side, expresses caution about the deal’s settlement timing and potential downside risks, particularly related to delays from China. Meanwhile, another bullish view from Arun George highlights the positive impact of JSR’s tender launch, reducing China approval risks and narrowing the spread significantly.
With different leans from analysts like Arun George and Travis Lundy, investors tracking Shinko Electric on Smartkarma can gain insights into the evolving dynamics of the company’s pre-conditional tender offer. While Arun George highlights positive developments like the JSR tender launch, Travis Lundy emphasizes the risks associated with the deal timeline and potential downside exposure. These contrasting viewpoints offer investors a comprehensive view of the opportunities and risks surrounding Shinko Electric Industries.
A look at Shinko Electric Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
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
Analysts assessing Shinko Electric Industries‘ long-term outlook point to a promising future based on a combination of factors. The company’s strengths lie in its Resilience and Growth scores, both of which indicate a solid foundation for continued success. With a strong focus on adapting to market changes and demonstrating steady growth potential, Shinko Electric Industries is positioned well for the future.
While the Value and Dividend scores are moderate, the company’s Momentum score showcases a positive direction, indicating increasing market interest and potential for further growth. Overall, Shinko Electric Industries‘ strategic position in designing and manufacturing electronic materials has garnered optimism among industry experts, demonstrating potential for sustained growth and value creation in the long term.
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
