Daheng New Epoch Technology's (SHSE:600288) Anemic Earnings Might Be Worse Than You Think
Daheng New Epoch Technology's (SHSE:600288) Anemic Earnings Might Be Worse Than You Think
The market rallied behind Daheng New Epoch Technology Inc.'s (SHSE:600288) stock, leading do a rise in the share price after its recent weak earnings report. Sometimes, shareholders are willing to ignore soft numbers with the hope that they will improve, but our analysis suggests this is unlikely for Daheng New Epoch Technology.
市场在大恒新纪元科技公司的支持下上涨。”s(上海证券交易所股票代码:600288)股票在最近公布疲软的财报后股价上涨。有时,股东愿意忽视软数字,希望它们能有所改善,但我们的分析表明,对于大恒新纪元科技而言,这不太可能。
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The Impact Of Unusual Items On Profit
不寻常物品对利润的影响
For anyone who wants to understand Daheng New Epoch Technology's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from CN¥61m worth of unusual items. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. 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. Which is hardly surprising, given the name. Daheng New Epoch Technology had a rather significant contribution from unusual items relative to its profit to December 2023. All else being equal, this would likely have the effect of making the statutory profit a poor guide to underlying earnings power.
对于任何想了解大恒新纪元科技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,从价值6100万元人民币的不寻常物品中获得了法定利润。我们不能否认更高的利润通常会让我们感到乐观,但如果利润是可持续的,我们更愿意这样做。当我们计算数千家上市公司的数字时,我们发现,特定年份中不寻常的项目所带来的提振通常不会在第二年重演。考虑到这个名字,这并不奇怪。截至2023年12月,大恒新纪元科技从不寻常的项目中获得了相当大的利润。在其他条件相同的情况下,这可能会使法定利润成为衡量潜在盈利能力的不良指导。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Daheng New Epoch Technology.
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大恒新纪元科技的资产负债表分析。
Our Take On Daheng New Epoch Technology's Profit Performance
我们对大恒新纪元科技盈利表现的看法
As we discussed above, we think the significant positive unusual item makes Daheng New Epoch Technology's earnings a poor guide to its underlying profitability. As a result, we think it may well be the case that Daheng New Epoch Technology's underlying earnings power is lower than its statutory profit. Sadly, its EPS was down over the last twelve months. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. You'd be interested to know, that we found 1 warning sign for Daheng New Epoch Technology and you'll want to know about this.
正如我们上面讨论的那样,我们认为这一重大利好不寻常的项目使大恒新纪元科技的收益无法衡量其潜在盈利能力。因此,我们认为大恒新纪元科技的潜在盈利能力很可能低于其法定利润。不幸的是,在过去的十二个月中,其每股收益有所下降。归根结底,如果你想正确地了解公司,必须考虑的不仅仅是上述因素。请记住,在分析股票时,值得注意所涉及的风险。你可能会有兴趣知道,我们发现了大恒新纪元科技的1个警告标志,你会想知道的。
This note has only looked at a single factor that sheds light on the nature of Daheng New Epoch Technology's profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks that insiders are buying to be useful.
这份报告只研究了揭示大恒新纪元科技利润性质的单一因素。但是,还有很多其他方法可以让你对公司的看法。例如,许多人认为高股本回报率是有利的商业经济的标志,而另一些人则喜欢 “关注资金”,寻找内部人士正在买入的股票。虽然可能需要你进行一些研究,但你可能会发现这份免费收集的拥有高股本回报率的公司,或者这份内部人士正在购买的股票清单很有用。
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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笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。