We Think That There Are Issues Underlying Casa Holdings' (SGX:C04) Earnings
We Think That There Are Issues Underlying Casa Holdings' (SGX:C04) Earnings
Despite posting some strong earnings, the market for Casa Holdings Limited's (SGX:C04) stock hasn't moved much. Our analysis suggests that this might be because shareholders have noticed some concerning underlying factors.
儘管公佈了一些強勁的收益,但市場卡薩控股有限公司的(SGX:C04)股票變動不大。我們的分析表明,這可能是因為股東注意到了一些潛在的因素。
Check out our latest analysis for Casa Holdings
查看我們對Casa Holdings的最新分析
The Impact Of Unusual Items On Profit
異常項目對利潤的影響
To properly understand Casa Holdings' profit results, we need to consider the S$184k gain attributed to unusual items. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. 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'. Casa Holdings had a rather significant contribution from unusual items relative to its profit to March 2022. As a result, we can surmise that the unusual items are making its statutory profit significantly stronger than it would otherwise be.
為了正確理解Casa Holdings的利潤業績,我們需要考慮一下歸因於不尋常項目的18.4萬新元收益。我們不能否認,更高的利潤通常會讓我們保持樂觀,但如果利潤是可持續的,我們更願意這樣做。我們對全球大多數上市公司進行了統計,不尋常的項目在性質上是一次性的,這是非常常見的。考慮到這些提振被描述為“不尋常的”,這正如你所預期的那樣。相對於截至2022年3月的利潤,卡薩控股的異常項目做出了相當大的貢獻。因此,我們可以推測,這些不尋常的項目使其法定利潤比其他情況下要強勁得多。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Casa Holdings.
注:我們總是建議投資者檢查資產負債表的實力。點擊此處查看我們對卡薩控股的資產負債表分析。
Our Take On Casa Holdings' Profit Performance
我們對卡薩控股盈利表現的看法
As previously mentioned, Casa Holdings' large boost from unusual items won't be there indefinitely, so its statutory earnings are probably a poor guide to its underlying profitability. For this reason, we think that Casa Holdings' statutory profits may be a bad guide to its underlying earnings power, and might give investors an overly positive impression of the company. But at least holders can take some solace from the 54% EPS growth in the last year. 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. When we did our research, we found 3 warning signs for Casa Holdings (1 is a bit concerning!) that we believe deserve your full attention.
正如前面提到的,Casa Holdings從不尋常項目中獲得的巨大提振不會無限期地存在,因此它的法定收益可能不能很好地反映其潛在的盈利能力。出於這個原因,我們認為卡薩控股的法定利潤可能是其潛在盈利能力的不良指引,可能會給投資者帶來對該公司過於樂觀的印象。但至少持有者可以從去年54%的每股收益增長中得到一些安慰。本文的目的是評估我們可以在多大程度上依賴法定收益來反映公司的潛力,但還有很多東西需要考慮。請記住,在分析一隻股票時,值得注意其中的風險。當我們做研究時,我們發現卡薩控股的3個警告信號(1有點令人擔憂!)我們認為這值得你的全力關注。
Today we've zoomed in on a single data point to better understand the nature of Casa Holdings' 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 that insiders are buying.
今天,我們放大了一個數據點,以更好地瞭解Casa Holdings的利潤性質。但如果你有能力將注意力集中在細枝末節上,總會有更多的東西需要發現。一些人認為,高股本回報率是高質量企業的良好標誌。所以你可能想看看這個免費擁有高股本回報率的公司的集合,或內部人士正在購買的這份股票清單。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫。或者,也可以給編輯組發電子郵件,地址是implywallst.com。
本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。