A lackluster earnings announcement from FIYTA Precision Technology Co., Ltd. (SZSE:200026) last week didn't sink the stock price. We think that investors are worried about some weaknesses underlying the earnings.
Check out our latest analysis for FIYTA Precision Technology
SZSE:200026 Earnings and Revenue History August 26th 2022
The Impact Of Unusual Items On Profit
For anyone who wants to understand FIYTA Precision Technology's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from CN¥32m worth of unusual items. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. Which is hardly surprising, given the name. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is).
That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.
Our Take On FIYTA Precision Technology's Profit Performance
Arguably, FIYTA Precision Technology's statutory earnings have been distorted by unusual items boosting profit. Therefore, it seems possible to us that FIYTA Precision Technology's true underlying earnings power is actually less than its statutory profit. But at least holders can take some solace from the 57% per annum growth in EPS for the last three. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. While conducting our analysis, we found that FIYTA Precision Technology has 1 warning sign and it would be unwise to ignore this.
Today we've zoomed in on a single data point to better understand the nature of FIYTA Precision Technology's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. Some people consider a high return on equity to be a good sign of a quality business. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks that insiders are buying.
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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
一份乏善可陈的财报公告 飞亚达精密科技股份有限公司 (深圳证券交易所代码:200026)上周股价并未下跌。我们认为,投资者担心收益背后的一些弱点。
查看我们对 FIYTA Precision Technology 的最新分析
SZSE: 200026 收益和收入记录 2022 年 8 月 26 日
不寻常物品对利润的影响
对于任何想了解FIYTA Precision Technology在法定数字之外的利润的人来说,值得注意的是,在过去的十二个月中,法定利润是从价值3200万人民币的不寻常物品中获得的。虽然获得更高的利润总是一件好事,但来自不寻常物品的巨额捐款有时会抑制我们的热情。我们计算了全球大多数上市公司的数字,不寻常的物品本质上是一次性的,这种情况很常见。顾名思义,这不足为奇。假设这些不寻常的项目在本年度不会再次出现,那么我们预计明年的利润将疲软(也就是说,在业务没有增长的情况下)。
这可能会让你想知道分析师对未来盈利能力的预测。幸运的是,您可以单击此处查看根据他们的估计描绘未来盈利能力的交互式图表。
我们对飞亚达精密科技利润表现的看法
可以说,FIYTA Precision Technology的法定收益被提振利润的不寻常项目所扭曲。因此,在我们看来,FIYTA Precision Technology的真正基础盈利能力实际上可能低于其法定利润。但是,至少持有人可以从过去三年每股收益每年57%的增长中得到一些安慰。本文的目标是评估我们能否在多大程度上依靠法定收益来反映公司的潜力,但还有很多需要考虑的地方。有鉴于此,如果您想对公司进行更多分析,了解所涉及的风险至关重要。在进行分析时,我们发现 FIYTA Precision Technology 有 1 个警告标志 忽视这一点是不明智的。
今天,我们放大了单个数据点,以更好地了解飞亚达精密科技利润的性质。但是,如果你能够将注意力集中在细节上,总会有更多东西需要发现。有些人认为高股本回报率是优质业务的好兆头。所以你可能希望看到这个 免费的 一系列拥有高股本回报率的公司,或者这份内部人士正在买入的股票清单。
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Simply Wall St 的这篇文章本质上是一般性的。 我们仅使用不偏不倚的方法根据历史数据和分析师预测提供评论,我们的文章并非旨在提供财务建议。 它不构成买入或卖出任何股票的建议,也没有考虑您的目标或财务状况。我们的目标是为您提供由基本面数据驱动的长期重点分析。请注意,我们的分析可能未将最新的价格敏感型公司公告或定性材料考虑在内。简而言之,华尔街对上述任何股票都没有头寸。