Qtone Education Group (Guangdong) Co.,Ltd's (SZSE:300359) robust recent earnings didn't do much to move the stock. However the statutory profit number doesn't tell the whole story, and we have found some factors which might be of concern to shareholders.
Check out our latest analysis for Qtone Education Group (Guangdong)Ltd
SZSE:300359 Earnings and Revenue History November 3rd 2022
How Do Unusual Items Influence Profit?
Importantly, our data indicates that Qtone Education Group (Guangdong)Ltd's profit received a boost of CN¥75m in unusual items, over the last year. 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. Which is hardly surprising, given the name. Qtone Education Group (Guangdong)Ltd had a rather significant contribution from unusual items relative to its profit to September 2022. All else being equal, this would likely have the effect of making the statutory profit a poor guide to underlying earnings power.
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Qtone Education Group (Guangdong)Ltd.
Our Take On Qtone Education Group (Guangdong)Ltd's Profit Performance
As we discussed above, we think the significant positive unusual item makes Qtone Education Group (Guangdong)Ltd's earnings a poor guide to its underlying profitability. For this reason, we think that Qtone Education Group (Guangdong)Ltd's statutory profits may be a bad guide to its underlying earnings power, and might give investors an overly positive impression of the company. The good news is that, its earnings per share increased by 44% in the last year. 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 if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. You'd be interested to know, that we found 1 warning sign for Qtone Education Group (Guangdong)Ltd and you'll want to know about this.
This note has only looked at a single factor that sheds light on the nature of Qtone Education Group (Guangdong)Ltd's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. 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 that insiders are buying to be useful.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
啟通教育集團(廣東)有限公司(SZSE:300359)近期強勁的收益對股價影響不大。然而,法定利潤數字並不能説明全部情況,我們發現了一些可能引起股東關注的因素。
查看我們對QTone教育集團(廣東)有限公司的最新分析
SZSE:300359收益和收益歷史2022年11月3日
不尋常的項目如何影響利潤?
重要的是,我們的數據顯示,Qone教育集團(廣東)有限公司的利潤在去年的異常項目中增加了7500萬元。雖然我們喜歡看到利潤增加,但當不尋常的項目做出了很大貢獻時,我們往往會更加謹慎。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。考慮到這個名字,這並不令人驚訝。截至2022年9月,Qone教育集團(廣東)有限公司因異常項目相對於其利潤做出了相當大的貢獻。在其他條件不變的情況下,這可能會使法定利潤成為衡量潛在盈利能力的糟糕指標。
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QTone教育集團(廣東)有限公司的資產負債表分析。
我們對快通教育集團(廣東)有限公司盈利表現的看法
如上所述,我們認為重要的積極的不尋常項目使Qone教育集團(廣東)有限公司的收益不能很好地反映其潛在的盈利能力。出於這個原因,我們認為酷派教育集團(廣東)有限公司的法定利潤可能是其潛在盈利能力的不良指引,並可能給投資者帶來對該公司過於樂觀的印象。好消息是,它的每股收益在去年增長了44%。歸根結底,如果你想正確地瞭解這家公司,除了以上幾個因素之外,考慮其他因素也是至關重要的。因此,如果你想更深入地研究這隻股票,考慮它面臨的任何風險是至關重要的。你會有興趣知道的,我們發現QTone教育集團(廣東)有限公司的1個警告標誌你會想知道這一點的。
這份報告只關注了一個因素,它揭示了QTone教育集團(廣東)有限公司的利潤性質。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。例如,許多人認為高股本回報率是有利的商業經濟指標,而另一些人則喜歡“跟着錢走”,尋找內部人士正在買入的股票。雖然這可能需要為您做一些研究,但您可能會發現免費擁有高股本回報率的公司的集合,或者是內部人士購買的有用的股票清單。
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。