Earnings Alerts

Yonyou Network Technology A (600588) Earnings: Superior 1Q Revenue Surpasses Estimates with 1.75 Billion Yuan

  • Yonyou Network exceeded revenue estimates in the first quarter, reporting a figure of 1.75 billion yuan as opposed to the estimated figure of 1.54 billion yuan.
  • The company made a net loss of 453 million yuan, a bigger loss than the anticipated figure of 392 million yuan based on two estimates.
  • In terms of recommendations, Yonyou Network received 27 ‘buy’ ratings, 7 ‘hold’ ratings, and just 2 ‘sell’ ratings.

A look at Yonyou Network Technology A Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth2
Resilience4
Momentum2
OVERALL SMART SCORE2.4

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

Yonyou Network Technology A is viewed with optimism for its long-term prospects based on the Smartkarma Smart Scores. The company’s overall outlook is seen as positive, with a solid score of 4 in resilience, indicating its ability to weather challenges and adapt to changing circumstances. While other areas such as value, dividend, growth, and momentum received scores of 2, the strong resilience score stands out as a key factor contributing to Yonyou Network Technology A‘s potential for sustained success.

Yonyou Network Technology Co., Ltd., known for developing and marketing enterprise-wide business applications software, is recognized for its diverse software offerings including financial, web-based, management, and security development software. Additionally, the company provides training programs, enhancing its reputation as a comprehensive provider in the business applications software sector.


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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