Techtronic Industries' business prospects remain steady, but its revenue growth is expected to slow to 6.8% annually until 2024, below the historical 15% p.a. growth and the industry's expected 12% annual growth.
Techtronic Industries' impressive ROE and its efficient reinvestment of profits have contributed to its substantial earnings growth. Analysts predict that the company will maintain its current growth rate and its future ROE is expected to be around 19%.
Investors hold expectations of a company turnaround, regardless of its less string forecast growth relative to the wider market. The high P/E ratio's lack of justification through future earnings prediction implies potential risks to shareholders and possible investors.
Insiders at Techtronic Industries are increasing their stakes, showing strong belief in the company's future. High insider ownership aligns management's incentives with shareholders'.
Despite Techtronic Industries shares trading at fair value, optimistic future prospects could provide investment opportunities amid price drops, thanks to its financial strength.
Techtronic anticipates exceeding expectations with mid-single digit revenue growth in H2 2023, driven by strong performance across units and regions. The company's efficient capital management and recent recognition by The Home Depot underlines its market success.
The short selling turnover of HK market at midday amounted to $6.5 billion, or 21% of the turnover of securities eligible for short selling, against 17.6% on the last trading day. Top five shares with highest short selling amount: $TRACKER FUND OF HONG KONG(02800.HK)$'s short selling ratio is 34.6%, with a turnover of $771.5 million $創科実業(00669.HK)$'s short selling ratio is 26.7%, with a turnover of $493.1 million $テンセント(00700.HK)$'s short ...
$NIO Inc(09866.HK)$contracted 5.9% to $103.8 as a US court approved the class action filed by Nio investors against the company.$創科実業(00669.HK)$plummeted 11% to $84.7. The company's interim net profit slumped 18% and the management reduced the sales growth guidance for its products. $NIO Inc. USD OV(NIO.SG)$$ニオ(NIO.US)$
創科実業に関するコメント
HSI & HSCEI Constituents on Move:
$碧桂園(06098.HK)$ closed at $8.27, up 7.8%
$XPENG-W(09868.HK)$ closed at $71.35, up 4.5%
$新世界発展(00017.HK)$ closed at $13.38, down 3.9%
$TRIP.COM-S(09961.HK)$ closed at $274.2, up 3.7%
$創科実業(00669.HK)$ closed at $78.7, down 3.1%
$中升集団(00881.HK)$ closed at $19.4, up 3.1%
HSI Closes at 19,248, Up 2 pts; HSTI Closes at 4,378, Up 4 pts; TECHTRONIC IND Down over 17%; TRIP.COM-S Hit New Highs
Active Heavyweights:
$友邦保険(01299.HK)$ closed at $73.75, up 2.9%
$テンセント(00700.HK)$ closed at $339.8, up 0.8%
$中国建設銀行(00939.HK)$ closed ...
Short Selling Turnover $6.5B, or 21% of Eligible Securities Turnover at Midday
Top five shares with highest short selling amount:
$TRACKER FUND OF HONG KONG(02800.HK)$ 's short selling ratio is 34.6%, with a turnover of $771.5 million
$創科実業(00669.HK)$ 's short selling ratio is 26.7%, with a turnover of $493.1 million
$テンセント(00700.HK)$ 's short ...
$NIO Inc. USD OV(NIO.SG)$$ニオ(NIO.US)$
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