Boltek Holdings' (HKG:8601) Problems Go Beyond Weak Profit
Boltek Holdings' (HKG:8601) Problems Go Beyond Weak Profit
The subdued market reaction suggests that Boltek Holdings Limited's (HKG:8601) recent earnings didn't contain any surprises. However, we believe that investors should be aware of some underlying factors which may be of concern.
疲软的市场反应表明 Boltek 控股有限公司的 (HKG: 8601) 最近的收益并不包含任何惊喜。但是,我们认为投资者应该注意一些可能令人担忧的潜在因素。
See our latest analysis for Boltek Holdings
查看我们对Boltek Holdings的最新分析
![earnings-and-revenue-history](https://usnewsfile.moomoo.com/pic/0-0a48f62470db73f7c6ff2e969d217981-0-7ca2798173c63de037938367176f3cff.png/big)
How Do Unusual Items Influence Profit?
不寻常的物品如何影响利润?
Importantly, our data indicates that Boltek Holdings' profit received a boost of HK$4.0m in unusual items, over the last year. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. When we crunched the numbers on thousands of publicly listed companies, we found that a boost from unusual items in a given year is often not repeated the next year. And, after all, that's exactly what the accounting terminology implies. 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).
重要的是,我们的数据表明,与去年相比,Boltek Holdings的利润在不寻常项目中增加了40万港元。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。当我们计算数千家上市公司的数字时,我们发现,在给定年份中,不寻常的项目通常会带来提振 不 第二年重复。而且,毕竟,这正是会计术语所暗示的。因此,假设这些不寻常的物品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,在业务缺乏增长的情况下)。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Boltek Holdings.
注意: 我们始终建议投资者检查资产负债表的实力。点击此处查看我们对Boltek Holdings的资产负债表分析。
Our Take On Boltek Holdings' Profit Performance
我们对Boltek Holdings盈利表现的看法
Arguably, Boltek Holdings' statutory earnings have been distorted by unusual items boosting profit. Therefore, it seems possible to us that Boltek Holdings' true underlying earnings power is actually less than its statutory profit. But at least holders can take some solace from the 21% 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. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. For example - Boltek Holdings has 3 warning signs we think you should be aware of.
可以说,Boltek Holdings的法定收益被提振利润的不寻常项目扭曲了。因此,在我们看来,Boltek Holdings的真正潜在盈利能力实际上可能低于其法定利润。但至少持有人可以从过去三年每股收益每年增长21%中得到一些安慰。本文的目标是评估我们在多大程度上可以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。请记住,在分析股票时,值得注意所涉及的风险。例如-Boltek Holdings 有 3 个警告标志 我们认为你应该知道。
Today we've zoomed in on a single data point to better understand the nature of Boltek Holdings' profit. But there are plenty of other ways to inform your opinion of a company. 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.
今天,我们放大了单个数据点,以更好地了解Boltek Holdings利润的本质。但是,还有很多其他方法可以告知你对公司的看法。有些人认为高股本回报率是业务质量的好兆头。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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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.
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Simply Wall St 的这篇文章本质上是一般性的。 我们仅使用公正的方法提供基于历史数据和分析师预测的评论,我们的文章无意提供财务建议。 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。