We Think You Should Be Aware Of Some Concerning Factors In Ritamix Global's (HKG:1936) Earnings
We Think You Should Be Aware Of Some Concerning Factors In Ritamix Global's (HKG:1936) Earnings
The stock price didn't jump after Ritamix Global Limited (HKG:1936) posted decent earnings last week. We think that investors might be worried about some concerning underlying factors.
上周利特米全球有限公司(HKG:1936)公布了不错的收益,但股价并未上涨。我们认为投资者可能担心一些令人关注的潜在因素。
How Do Unusual Items Influence Profit?
非常规项目如何影响利润?
To properly understand Ritamix Global's profit results, we need to consider the RM2.2m gain attributed to unusual items. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. 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. 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).
要正确理解利特米全球的盈利结果,我们需要考虑飞凡项目所贡献的RM220万收益。尽管利润增加总是令人高兴的,但来自飞凡项目的大额贡献有时会抑制我们的热情。当我们分析了成千上万家上市公司的数据后,我们发现某一年因飞凡项目提振的增长通常不会在下一年重复出现。这并不奇怪,鉴于其名称。假设这些飞凡项目在当前年度不再出现,我们因此预计明年利润将会较弱(在没有业务增长的情况下)。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Ritamix Global.
注意:我们始终建议投资者检查资产负债表的实力。点击这里查看我们对利特米全球资产负债表分析。
Our Take On Ritamix Global's Profit Performance
我们对利特米全球的盈利表现的看法
Arguably, Ritamix Global's statutory earnings have been distorted by unusual items boosting profit. Therefore, it seems possible to us that Ritamix Global's true underlying earnings power is actually less than its statutory profit. And we are pleased to note that EPS is at least heading in the right direction in the alst 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. So while earnings quality is important, it's equally important to consider the risks facing Ritamix Global at this point in time. Our analysis shows 2 warning signs for Ritamix Global (1 is concerning!) and we strongly recommend you look at these before investing.
可以说,利特米全球的法定收益受到了飞凡项目增加利润而扭曲。因此,我们认为利特米全球真正的基本收益能力实际上可能低于其法定利润。而且,我们很高兴看到每股收益至少在过去十二个月有所好转。归根结底,想要正确地了解公司,除了上述因素之外还必须考虑更多。因此,虽然收益质量很重要,但同样重要的是要考虑眼下利特米全球面临的风险。我们的分析显示利特米全球有2个警示信号(其中1个令人担忧!),强烈建议您在投资之前查看这些内容。
This note has only looked at a single factor that sheds light on the nature of Ritamix Global'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 with high insider ownership.
这篇笔记只是看了一个能够揭示利特米全球利润性质的单一因素。但如果您能集中注意力细节,就会发现更多。一些人认为资本回报率高是一家优质企业的良好迹象。因此,您可能希望查看这些具有高资本回报率的公司的免费收藏,或这些拥有高内部持股的股票清单。
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这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。