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1 Comment
Skyworth Group Limited is currently in a long term downtrend where the price is trading 8.8% below its 200 day moving average.
From a valuation standpoint, the stock is 94.2% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.2.
Skyworth Group Limited's total revenue sank by 34.5% to $13B since the same quarter in the previous year.
Its net income has increased by 58.1% to $895M since the same quarter in the previous year.
Finally, its free cash flow grew by 183.6% to $143M since the same quarter in the previous year.
Based on the above factors, Skyworth Group Limited gets an overall score of 3/5.
Exchange | HK |
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CurrencyCode | HKD |
Sector | Technology |
Industry | Consumer Electronics |
ISIN | BMG8181C1001 |
Market Cap | 6B |
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PE Ratio | 11.78 |
Target Price | 4 |
Beta | 0.82 |
Dividend Yield | None |
Skyworth Group Limited researches, develops, manufactures, sells, and trades in consumer electronic products in Mainland China, Asia, Europe, the Americas, and Africa. It operates through Smart Household Appliances Business, Smart Systems Technology Business, New Energy Business, and Modern Services Business and Others segments. The Smart Household Appliances Business segment manufactures and sells smart TVs; smart white appliances; smart air conditioners, smart refrigerators, smart washing machines, and smart kitchen appliances; and personal care appliances and tablet computers. This segment also provides internet value-added services. Its Smart Systems Technology Business segment manufactures and sells home access systems, such as set-top boxes; broadband network access equipment; XR/AI glasses; integration systems for automotive display; industrial control display modules; Internet of Things products; intelligent manufacturing, which consists of LCD modules; automotive electronic systems; lighting products; security systems; and other electronic products. The New Energy Business segment engages in the sale and installation of distributed photovoltaic power stations for residential and commercial use. Its Modern Services Business and Others segment engages in the leasing and sale of properties, loan financing, trading of other products, maintenance and repair for home appliances, macro-logistics services, construction development, financial leasing, and property operation for industrial parks. The company also engages in the sale and distribution of reception facilities of digital televisions; development and holding of properties; treasury management activities; and provision of advertising services through its online platform. The company was formerly known as Skyworth Digital Holdings Limited and changed its name to Skyworth Group Limited in June 2019. Skyworth Group Limited was founded in 1988 and is headquartered in Quarry Bay, Hong Kong.
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