EmbedWay Technologies (Shanghai)'s (SHSE:603496) Strong Earnings Are Of Good Quality
EmbedWay Technologies (Shanghai)'s (SHSE:603496) Strong Earnings Are Of Good Quality
Investors were underwhelmed by the solid earnings posted by EmbedWay Technologies (Shanghai) Corporation (SHSE:603496) recently. We did some digging and actually think they are being unnecessarily pessimistic.
投资者们最近对恒为科技(上海)股份有限公司(SHSE:603496)发布的可观盈利感到失望。我们进行了一些调查,实际上认为他们过分悲观。
The Impact Of Unusual Items On Profit
除了稀释之外,还应该注意的是,万集科技在过去12个月中因不寻常项目获得了价值人民币3.5万元的利润。虽然我们希望看到利润增加,但当这些不寻常项目对利润做出重大贡献时,我们会更加谨慎。我们对全球大部分上市公司的数据进行了分析,发现不寻常项目往往是一次性的。这正如我们所期望的那样,因为这些提升被描述为"不寻常"。相对于其利润而言,万集科技在2021年12月前的不寻常项目贡献大。因此,我们可以推断出,这些不寻常项目正在使其财务利润显著增强。
To properly understand EmbedWay Technologies (Shanghai)'s profit results, we need to consider the CN¥68m expense attributed to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And that's hardly a surprise given these line items are considered unusual. If EmbedWay Technologies (Shanghai) doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year.
为了正确理解恒为科技(上海)的利润结果,我们需要考虑到归因于飞凡项目的人民币6800万支出。看到飞凡项目导致公司利润减少并不是好事,但好消息是,事情可能很快就会有所好转。我们研究了成千上万家上市公司,发现飞凡项目很多时候是一次性的。鉴于这些项目被认为是不寻常的,这并不奇怪。如果恒为科技(上海)不再出现这些不寻常的开支,那么其他一切保持不变,我们期望其利润在未来一年内增加。
That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.
这可能会让您想知道分析师对未来盈利能力的预测。幸运的是,您可以单击此处查看基于其估计的未来盈利能力的互动图表。
Our Take On EmbedWay Technologies (Shanghai)'s Profit Performance
我们对恒为科技(上海)的利润表现看法
Unusual items (expenses) detracted from EmbedWay Technologies (Shanghai)'s earnings over the last year, but we might see an improvement next year. Based on this observation, we consider it likely that EmbedWay Technologies (Shanghai)'s statutory profit actually understates its earnings potential! Better yet, its EPS are growing strongly, which is nice to see. 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. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. For example, we've discovered 1 warning sign that you should run your eye over to get a better picture of EmbedWay Technologies (Shanghai).
飞凡科技(上海)过去一年的收益遭受到了异常项目(费用)的影响,但我们可能会在明年看到改善。基于这一观察,我们认为飞凡科技(上海)的法定利润实际上低估了其收益潜力!更令人高兴的是,其每股收益在强劲增长,这是令人欣慰的。本文的目标是评估我们能否依赖法定收益来反映公司的潜力,但还有很多要考虑的。请记住,当涉及分析股票时,值得注意涉及的风险。例如,我们发现了1个警示信号,您应该仔细研究一下飞凡科技(上海)的情况,以便更全面地了解。
This note has only looked at a single factor that sheds light on the nature of EmbedWay Technologies (Shanghai)'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 with high insider ownership.
这则通知只考虑了一个揭示飞凡科技(上海)利润性质的因素。但有很多其他方法可以帮助您了解一家公司。一些人认为股东权益回报率较高是一个优质业务的良好迹象。因此,您可能希望查看这些拥有高股东权益回报率的公司的免费收藏,或者查看这些拥有高内部所有权的股票清单。
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