Weak Statutory Earnings May Not Tell The Whole Story For RoadMainTLtd (SHSE:603860)
Weak Statutory Earnings May Not Tell The Whole Story For RoadMainTLtd (SHSE:603860)
The market wasn't impressed with the soft earnings from RoadMainT Co.,Ltd. (SHSE:603860) recently. We did some analysis, and found that there are some reasons to be cautious about the headline numbers.
RoadMaint Co.的疲软收益并没有给市场留下深刻的印象。，有限公司（上海证券交易所股票代码：603860）最近。我们做了一些分析，发现有一些理由对标题数字持谨慎态度。
The Impact Of Unusual Items On Profit
不寻常物品对利润的影响
For anyone who wants to understand RoadMainTLtd's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from CN¥3.5m worth of 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. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. And that's as you'd expect, given these boosts are described as 'unusual'. 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).
对于任何想了解RoadmaintLTD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350万元人民币的不寻常物品中获得了法定利润。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。我们统计了全球大多数上市公司的数字，不寻常的物品在自然界中很常见。这正如你所预料的那样，因为这些增强被描述为 “不寻常”。假设这些不寻常的项目在本年度不会再次出现，因此我们预计明年的利润将疲软（也就是说，在业务没有增长的情况下）。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of RoadMainTLtd.
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RoadmaintLtd的资产负债表分析
Our Take On RoadMainTLtd's Profit Performance
我们对RoadMaintLtd的利润表现的看法
Arguably, RoadMainTLtd's statutory earnings have been distorted by unusual items boosting profit. Because of this, we think that it may be that RoadMainTLtd's statutory profits are better than its underlying earnings power. Sadly, its EPS was down over the last twelve months. 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. While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on RoadMainTLtd's balance sheet by clicking here.
可以说，RoadmaintLTD的法定收益被提振利润的不寻常项目所扭曲。因此，我们认为RoadmaintLTD的法定利润可能好于其基础盈利能力。不幸的是，在过去的十二个月中，其每股收益有所下降。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。虽然收益很重要，但另一个需要考虑的领域是资产负债表。我们已经做了一些分析，你可以点击这里查看我们对RoadmaintLTD资产负债表的看法。
Today we've zoomed in on a single data point to better understand the nature of RoadMainTLtd's 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RoadmaintLTD利润的性质。但是，还有很多其他方法可以让你对公司的看法。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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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。