Earnings Miss: Mango Excellent Media Co., Ltd. Missed EPS By 29% And Analysts Are Revising Their Forecasts
Earnings Miss: Mango Excellent Media Co., Ltd. Missed EPS By 29% And Analysts Are Revising Their Forecasts
As you might know, Mango Excellent Media Co., Ltd. (SZSE:300413) last week released its latest third-quarter, and things did not turn out so great for shareholders. It looks like quite a negative result overall, with both revenues and earnings falling well short of analyst predictions. Revenues of CN¥3.3b missed by 13%, and statutory earnings per share of CN¥0.20 fell short of forecasts by 29%. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
你可能知道,芒果卓越媒体有限公司(深圳证券交易所代码:300413)上周发布了最新的第三季度,但对股东来说,情况并不那么好。总体而言,这似乎是一个相当负面的结果,收入和收益都远低于分析师的预期。33元人民币的收入下降了13%,法定每股收益为0.20元人民币,比预期低29%。对于投资者来说,这是一个重要时刻,因为他们可以在报告中追踪公司的业绩,看看专家对明年的预测,看看对该业务的预期是否有任何变化。因此,我们收集了最新的财报后预测,以了解估计对明年的预测。
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Taking into account the latest results, the most recent consensus for Mango Excellent Media from 19 analysts is for revenues of CN¥16.7b in 2025. If met, it would imply a meaningful 15% increase on its revenue over the past 12 months. Statutory earnings per share are expected to plummet 33% to CN¥1.15 in the same period. In the lead-up to this report, the analysts had been modelling revenues of CN¥16.9b and earnings per share (EPS) of CN¥1.17 in 2025. The analysts seem to have become a little more negative on the business after the latest results, given the minor downgrade to their earnings per share numbers for next year.
考虑到最新业绩,19位分析师对芒果卓越媒体的最新共识是,2025年的收入为167元人民币。如果得到满足,这意味着其收入在过去12个月中将大幅增长15%。预计同期法定每股收益将暴跌33%,至1.15元人民币。在本报告发布之前,分析师一直在模拟2025年的收入为169元人民币,每股收益(EPS)为1.17元人民币。鉴于明年的每股收益数据略有下调,分析师在最新业绩公布后似乎对该业务变得更加负面了。
It might be a surprise to learn that the consensus price target was broadly unchanged at CN¥26.31, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Mango Excellent Media analyst has a price target of CN¥32.00 per share, while the most pessimistic values it at CN¥18.40. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
得知共识目标股价基本保持不变,为26.31元人民币,这可能会令人惊讶,分析师明确表示,预期的收益下降预计不会对估值产生太大影响。但是,固定单一价格目标可能是不明智的,因为共识目标实际上是分析师目标股价的平均值。因此,一些投资者喜欢查看估计范围,看看对公司的估值是否有任何分歧。最乐观的芒果卓越媒体分析师将目标股价定为每股32.00元人民币,而最悲观的分析师则将目标股价定为18.40元人民币。这些目标股价表明,分析师对该业务的看法确实有所不同,但这些估计的差异不足以向我们表明,有些人押注取得巨大成功或彻底失败。
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Mango Excellent Media's past performance and to peers in the same industry. The analysts are definitely expecting Mango Excellent Media's growth to accelerate, with the forecast 12% annualised growth to the end of 2025 ranking favourably alongside historical growth of 2.7% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 14% annually. Mango Excellent Media is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.
这些估计很有趣,但是在查看预测与Mango Excellence Media过去的表现以及与同一行业的同行进行比较时,可以更粗略地描述一些细节。分析师们肯定预计,芒果卓越媒体的增长将加速,预计到2025年底的年化增长率为12%,而过去五年的历史年增长率为2.7%。相比之下,同行业的其他公司预计收入每年将增长14%。预计Mango Excellence Media的增长速度将与其行业大致相同,因此目前尚不清楚我们能否从其相对于竞争对手的增长中得出任何结论。
The Bottom Line
底线
The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Mango Excellent Media. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at CN¥26.31, with the latest estimates not enough to have an impact on their price targets.
最大的担忧是,分析师下调了每股收益预期,这表明Mango Excellence Media可能会面临业务不利因素。他们还重申了收入预期,预计该公司的增长速度将与整个行业大致相同。共识目标股价稳定在26.31元人民币,最新估计不足以对其目标股价产生影响。
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Mango Excellent Media going out to 2026, and you can see them free on our platform here.
话虽如此,公司收益的长期轨迹比明年重要得多。我们对Mango Excellence Media将于2026年上线做出了预测,你可以在我们的平台上免费观看。
It is also worth noting that we have found 3 warning signs for Mango Excellent Media (2 shouldn't be ignored!) that you need to take into consideration.
还值得注意的是,我们已经发现了 Mango Excellence Media 的 3 个警告信号(2 个不容忽视!)这是你需要考虑的。
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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。