Hangzhou IECHO Science&Technology's (SHSE:688092) Profits Appear To Have Quality Issues
Hangzhou IECHO Science&Technology's (SHSE:688092) Profits Appear To Have Quality Issues
Hangzhou IECHO Science&Technology Co., Ltd.'s (SHSE:688092 ) stock didn't jump after it announced some healthy earnings. We think that investors might be worried about some concerning underlying factors.
杭州爱科科技股份有限公司(SHSE:688092)宣布一些健康收益后,股票没有大涨。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?
For anyone who wants to understand Hangzhou IECHO Science&Technology's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from CN¥8.1m 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'. If Hangzhou IECHO Science&Technology doesn't see that contribution repeat, then all else being equal we'd expect its profit to drop over the current year.
对于希望了解杭州爱科科技公司利润超越法定数字的任何人来说,重要的是要注意,在过去十二个月中,法定利润增加了810万人民币的飞凡项目。虽然我们喜欢看到利润增加,但当不寻常项目贡献较大时,我们往往会更加谨慎。我们对全球大多数上市公司进行了数据分析,发现不寻常项目一次性出现是非常普遍的现象。这也是您所期望的,因为这些提振被描述为“不寻常”。如果杭州爱科科技没有看到这种贡献重复,那么一切其他条件相同,我们预计其利润在当前年度将下降。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Hangzhou IECHO Science&Technology.
注意:我们始终建议投资者检查资产负债表的实力。 点击这里进入我们对杭州爱科科技公司资产负债表的分析。
Our Take On Hangzhou IECHO Science&Technology's Profit Performance
我们对杭州爱科科技公司利润表现的看法
We'd posit that Hangzhou IECHO Science&Technology's statutory earnings aren't a clean read on ongoing productivity, due to the large unusual item. Because of this, we think that it may be that Hangzhou IECHO Science&Technology's statutory profits are better than its underlying earnings power. But at least holders can take some solace from the 5.5% per annum growth in EPS for the last three. 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. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. For example, we've discovered 1 warning sign that you should run your eye over to get a better picture of Hangzhou IECHO Science&Technology.
我们认为杭州飞凡科技的法定收益并不是对正在运行的生产力的清晰反映,这是由于存在较大的飞凡项目。由于这个原因,我们认为杭州飞凡科技的法定利润可能优于其基本盈利能力。至少,持有者可以从过去三年每股收益增长5.5%中获得一些安慰。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,但要考虑的因素还有很多。因此,如果您想深入了解这支股票,必须考虑其面临的任何风险。例如,我们发现了1个警示信号,您应该留意以更好地了解杭州飞凡科技。
Today we've zoomed in on a single data point to better understand the nature of Hangzhou IECHO Science&Technology'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. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful.
今天,我们聚焦于一个单一数据点,以更好地了解杭州飞凡科技利润的性质。但是,如果您有能力专注于细枝末节,总会有更多发现。一些人认为高净资产回报率是优质企业的良好迹象。虽然这可能需要您进行一些调查研究,但您可能会发现这个免费的公司收集高净资产回报率的公司或此股东持股显著的股票清单很有用。
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