We Think Fujian Zhangzhou DevelopmentLTD's (SZSE:000753) Healthy Earnings Might Be Conservative
We Think Fujian Zhangzhou DevelopmentLTD's (SZSE:000753) Healthy Earnings Might Be Conservative
The market seemed underwhelmed by last week's earnings announcement from Fujian Zhangzhou Development Co.,LTD. (SZSE:000753) despite the healthy numbers. We did some digging, and we think that investors are missing some encouraging factors in the underlying numbers.
福建漳州发展股份有限公司上周公布的财报似乎令市场不知所措。, LTD.(深交所股票代码:000753)尽管数字良好。我们进行了一些挖掘,我们认为投资者在基础数据中遗漏了一些令人鼓舞的因素。
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The Impact Of Unusual Items On Profit
不寻常物品对利润的影响
To properly understand Fujian Zhangzhou DevelopmentLTD's profit results, we need to consider the CN¥187m expense attributed to unusual items. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And that's hardly a surprise given these line items are considered unusual. Fujian Zhangzhou DevelopmentLTD took a rather significant hit from unusual items in the year to December 2023. As a result, we can surmise that the unusual items made its statutory profit significantly weaker than it would otherwise be.
为了正确了解福建漳州发展有限公司的利润业绩,我们需要考虑归因于不寻常项目的1.87亿元支出。尽管由于不寻常项目而产生的扣除首先令人失望,但有一线希望。当我们分析全球绝大多数上市公司时,我们发现重大不寻常的事项往往不会重演。鉴于这些单列项目被认为不寻常,这并不奇怪。在截至2023年12月的一年中,福建漳州发展有限公司因不寻常的项目而遭受了相当大的打击。因此,我们可以推测,这些不寻常的物品使其法定利润明显低于原来的水平。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Fujian Zhangzhou DevelopmentLTD.
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福建漳州发展有限公司的资产负债表分析
Our Take On Fujian Zhangzhou DevelopmentLTD's Profit Performance
我们对福建漳州发展有限公司盈利表现的看法
As we mentioned previously, the Fujian Zhangzhou DevelopmentLTD's profit was hampered by unusual items in the last year. Because of this, we think Fujian Zhangzhou DevelopmentLTD's underlying earnings potential is as good as, or possibly even better, than the statutory profit makes it seem! 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. If you want to do dive deeper into Fujian Zhangzhou DevelopmentLTD, you'd also look into what risks it is currently facing. Case in point: We've spotted 3 warning signs for Fujian Zhangzhou DevelopmentLTD you should be mindful of and 2 of these are significant.
正如我们之前提到的,去年福建漳州发展有限公司的盈利受到不寻常项目的阻碍。正因为如此,我们认为福建漳州发展有限公司的潜在盈利潜力与法定利润看上去一样好,甚至可能更好!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。如果你想更深入地了解福建漳州发展有限公司,你还需要研究它目前面临的风险。一个很好的例子:我们已经发现了福建漳州发展有限公司的3个警告信号,你应该注意其中两个警示标志,其中两个信号很重要。
Today we've zoomed in on a single data point to better understand the nature of Fujian Zhangzhou DevelopmentLTD'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.
今天,我们放大了单一数据点,以更好地了解福建漳州发展有限公司利润的性质。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。因此,你可能希望看到这份免费收藏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。
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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。