Ningbo Haitian Precision Machinery Co.,Ltd. Just Missed Revenue By 8.8%: Here's What Analysts Think Will Happen Next
Ningbo Haitian Precision Machinery Co.,Ltd. Just Missed Revenue By 8.8%: Here's What Analysts Think Will Happen Next
The analysts might have been a bit too bullish on Ningbo Haitian Precision Machinery Co.,Ltd. (SHSE:601882), given that the company fell short of expectations when it released its full-year results last week. Ningbo Haitian Precision MachineryLtd missed analyst forecasts, with revenues of CN¥3.3b and statutory earnings per share (EPS) of CN¥1.17, falling short by 8.8% and 3.4% respectively. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
分析师可能对宁波海天精密机械有限公司过于看好。, Ltd.(SHSE: 601882),因为该公司上周发布全年业绩时未达到预期。宁波海天精密机械有限公司未达到分析师的预期,收入为33亿元人民币,法定每股收益(EPS)为1.17元人民币,分别下降8.8%和3.4%。分析师通常会在每份收益报告中更新他们的预测,我们可以从他们的估计中判断他们对公司的看法是否发生了变化,或者是否有任何新的问题需要注意。我们认为,读者会发现分析师对明年最新(法定)财报后的预测很有趣。
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Taking into account the latest results, the current consensus from Ningbo Haitian Precision MachineryLtd's six analysts is for revenues of CN¥3.87b in 2024. This would reflect a meaningful 17% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to expand 20% to CN¥1.40. Yet prior to the latest earnings, the analysts had been anticipated revenues of CN¥4.36b and earnings per share (EPS) of CN¥1.46 in 2024. It looks like sentiment has fallen somewhat in the aftermath of these results, with a real cut to revenue estimates and a minor downgrade to earnings per share numbers as well.
考虑到最新业绩,宁波海天精密机械有限公司的六位分析师目前的共识是,2024年的收入为38.7亿元人民币。这将反映其收入在过去12个月中大幅增长了17%。预计每股法定收益将增长20%,至1.40元人民币。然而,在最新财报公布之前,分析师曾预计2024年收入为43.6亿元人民币,每股收益(EPS)为1.46元人民币。这些业绩公布后,市场情绪似乎有所下降,收入估计值有所下调,每股收益数字也略有下调。
The consensus price target fell 8.5% to CN¥33.38, with the weaker earnings outlook clearly leading valuation estimates. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Ningbo Haitian Precision MachineryLtd analyst has a price target of CN¥35.50 per share, while the most pessimistic values it at CN¥31.25. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.
共识目标股价下跌8.5%,至33.38元人民币,盈利前景疲软显然领先于估值预期。研究分析师的估计范围,评估异常值与平均值的差异程度也可能很有启发性。最乐观的宁波海天精密机械有限公司分析师将目标股价定为每股35.50元人民币,而最悲观的分析师则将其估值为31.25元人民币。估计值的狭窄差异可能表明该业务的未来相对容易估值,或者分析师对其前景有强烈的看法。
Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that Ningbo Haitian Precision MachineryLtd's revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 17% growth on an annualised basis. This is compared to a historical growth rate of 25% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 19% annually. Factoring in the forecast slowdown in growth, it looks like Ningbo Haitian Precision MachineryLtd is forecast to grow at about the same rate as the wider industry.
当然,看待这些预测的另一种方法是将它们与行业本身联系起来。很明显,预计宁波海天精密机械有限公司的收入增长将大幅放缓,预计到2024年底的收入按年计算将增长17%。相比之下,过去五年的历史增长率为25%。将其与业内其他有分析师报道的公司并列,预计这些公司的收入(总计)每年将增长19%。考虑到增长放缓的预测,宁波海天精密机械有限公司的增长速度似乎与整个行业大致相同。
The Bottom Line
底线
The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Sadly, they also downgraded their revenue forecasts, but the business is still expected to grow at roughly the same rate as the industry itself. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.
要了解的最重要的一点是,分析师下调了每股收益的预期,这表明公布这些业绩后,市场情绪明显下降。遗憾的是,他们还下调了收入预期,但预计该业务的增长速度仍将与该行业本身大致相同。此外,分析师还下调了目标股价,这表明最新消息加剧了人们对业务内在价值的悲观情绪。
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Ningbo Haitian Precision MachineryLtd going out to 2026, and you can see them free on our platform here.
话虽如此,公司收益的长期轨迹比明年重要得多。我们对宁波海天精密机械有限公司的预测将持续到2026年,你可以在我们的平台上免费查看。
Before you take the next step you should know about the 1 warning sign for Ningbo Haitian Precision MachineryLtd that we have uncovered.
在您采取下一步行动之前,您应该了解我们发现的宁波海天精密机械有限公司的1个警告标志。
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