Lenovo Group Ltd
00992: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $tb | LOCK|^@ | LOCK|yK^$pWJ |
Lenovo Earnings: Sharp ISG Recovery and Resilient PC Margins Continue to Impress; Fair Value Up 42%
Lenovo's June-quarter revenue and non-HKFRS operating margin of USD 26 billion and 6%, respectively, rose 43% and 230 basis points year-on-year. Management expects to achieve its midterm goal of USD 100 billion in annual revenue this fiscal, 1 year ahead of prior guidance. Shares closed 20% up.
