Weak Statutory Earnings May Not Tell The Whole Story For Shenzhen Han's CNC Technology (SZSE:301200)
Weak Statutory Earnings May Not Tell The Whole Story For Shenzhen Han's CNC Technology (SZSE:301200)
Last week's earnings announcement from Shenzhen Han's CNC Technology Co., Ltd. (SZSE:301200) was disappointing to investors, with a sluggish profit figure. We did some further digging and think they have a few more reasons to be concerned beyond the statutory profit.
深圳大族数控技术有限公司(深交所股票代码:301200)上周的财报令投资者失望,盈利数字低迷。我们进行了进一步的挖掘,认为除了法定利润外,他们还有其他一些值得关注的理由。
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How Do Unusual Items Influence Profit?
不寻常的物品如何影响利润?
To properly understand Shenzhen Han's CNC Technology's profit results, we need to consider the CN¥39m gain attributed to unusual items. While we like to see profit increases, we tend to be a little more cautious when unusual items have made a big contribution. 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. Shenzhen Han's CNC Technology had a rather significant contribution from unusual items relative to its profit to March 2024. As a result, we can surmise that the unusual items are making its statutory profit significantly stronger than it would otherwise be.
为了正确了解深圳大族数控科技的盈利业绩,我们需要考虑不寻常项目带来的3900万元人民币的收益。虽然我们希望看到利润增加,但当不寻常的物品做出重大贡献时,我们往往会更加谨慎一些。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2024年3月,深圳大族数控科技从不寻常的项目中为其利润做出了相当大的贡献。因此,我们可以推测,这些不寻常的物品使其法定利润明显高于原来的水平。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Shenzhen Han's CNC 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深圳大族数控科技的资产负债表分析。
Our Take On Shenzhen Han's CNC Technology's Profit Performance
我们对深圳大族数控科技盈利表现的看法
As previously mentioned, Shenzhen Han's CNC Technology's large boost from unusual items won't be there indefinitely, so its statutory earnings are probably a poor guide to its underlying profitability. For this reason, we think that Shenzhen Han's CNC Technology's statutory profits may be a bad guide to its underlying earnings power, and might give investors an overly positive impression of the company. 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. If you'd like to know more about Shenzhen Han's CNC Technology as a business, it's important to be aware of any risks it's facing. Case in point: We've spotted 4 warning signs for Shenzhen Han's CNC Technology you should be mindful of and 2 of these are potentially serious.
如前所述,深圳大族数控科技不会无限期地从不寻常项目中获得巨大提振,因此其法定收益可能无法很好地指导其潜在盈利能力。出于这个原因,我们认为深圳大族数控科技的法定利润可能不利于其潜在盈利能力,并可能给投资者留下过于积极的印象。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。如果您想进一步了解深圳大族数控技术作为一家企业,请务必了解其面临的任何风险。一个很好的例子:我们发现了你应该注意的深圳大族数控科技的4个警告信号,其中2个可能很严重。
Today we've zoomed in on a single data point to better understand the nature of Shenzhen Han's CNC 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. 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.
今天,我们放大了单个数据点,以更好地了解深圳大族数控科技利润的性质。但是,如果你能够将注意力集中在细节上,总会有更多的事情需要发现。有些人认为高股本回报率是优质业务的好兆头。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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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。