One Asia Cement (China) Holdings Corporation (HKG:743) Analyst Is Reducing Their Forecasts For This Year
One Asia Cement (China) Holdings Corporation (HKG:743) Analyst Is Reducing Their Forecasts For This Year
One thing we could say about the covering analyst on Asia Cement (China) Holdings Corporation (HKG:743) - they aren't optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting the analyst has soured majorly on the business. Shares are up 5.5% to HK$2.67 in the past week. Investors could be forgiven for changing their mind on the business following the downgrade; but it's not clear if the revised forecasts will lead to selling activity.
關於報道分析師,我們可以說一件事 亞洲水泥(中國)控股公司 (HKG: 743) ——他們並不樂觀,他們剛剛對該組織的近期(法定)預測做出了重大負面修正。收入和每股收益(EPS)的預測都低於預期,這表明該分析師對該業務表現嚴重不佳。過去一週,股價上漲5.5%,至2.67港元。投資者在降級後改變對業務的看法是可以原諒的;但目前尚不清楚修訂後的預測是否會導致拋售活動。
Following the latest downgrade, the current consensus, from the one analyst covering Asia Cement (China) Holdings, is for revenues of CN¥8.2b in 2023, which would reflect a measurable 6.8% reduction in Asia Cement (China) Holdings' sales over the past 12 months. Per-share earnings are expected to step up 16% to CN¥0.23. Previously, the analyst had been modelling revenues of CN¥9.5b and earnings per share (EPS) of CN¥0.42 in 2023. Indeed, we can see that the analyst is a lot more bearish about Asia Cement (China) Holdings' prospects, administering a substantial drop in revenue estimates and slashing their EPS estimates to boot.
繼最近的降級之後,負責亞洲水泥(中國)控股的一位分析師目前的共識是,2023年收入爲82億元人民幣,這將反映出亞洲水泥(中國)控股在過去12個月中銷售額大幅下降6.8%。每股收益預計將增長16%,至0.23元人民幣。此前,該分析師一直在模擬2023年收入爲95億元人民幣,每股收益(EPS)爲0.42元人民幣。事實上,我們可以看到,這位分析師對亞洲水泥(中國)控股的前景更加看跌,收入預期大幅下降,並下調了每股收益預期。
Check out our latest analysis for Asia Cement (China) Holdings
查看我們對亞洲水泥(中國)控股的最新分析
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231015/0-190d5ea4e946d169761ac07da11aad69-0-a93f1714f61a01921bf92cdfd68a7cd8.png/big)
The consensus price target fell 35% to CN¥2.80, with the weaker earnings outlook clearly leading analyst valuation estimates.
共識目標股價下跌35%,至人民幣2.80元,疲軟的收益前景顯然領先於分析師的估值預期。
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. Over the past five years, revenues have declined around 2.3% annually. Worse, forecasts are essentially predicting the decline to accelerate, with the estimate for an annualised 6.8% decline in revenue until the end of 2023. Compare this against analyst estimates for companies in the broader industry, which suggest that revenues (in aggregate) are expected to grow 2.6% annually. So it's pretty clear that, while it does have declining revenues, the analyst also expect Asia Cement (China) Holdings to suffer worse than the wider industry.
我們可以從大局的角度看待這些估算值的另一種方式,例如預測與過去的業績相比如何,以及與業內其他公司相比,預測是否或多或少看漲。在過去五年中,收入每年下降約2.3%。更糟糕的是,預測本質上是在預測下降將加速,預計到2023年底,收入按年計算將下降6.8%。將其與分析師對整個行業公司的估計進行比較,後者表明,收入(總計)預計每年將增長2.6%。因此,很明顯,儘管其收入確實有所下降,但分析師還預計,亞洲水泥(中國)控股遭受的損失將比整個行業還要嚴重。
The Bottom Line
底線
The most important thing to take away is that the analyst cut their earnings per share estimates, expecting a clear decline in business conditions. Unfortunately the analyst also downgraded their revenue estimates, and industry data suggests that Asia Cement (China) Holdings' revenues are expected to grow slower than the wider market. With a serious cut to this year's expectations and a falling price target, we wouldn't be surprised if investors were becoming wary of Asia Cement (China) Holdings.
要記住的最重要的一點是,分析師下調了每股收益預期,預計商業狀況將明顯下降。不幸的是,分析師還下調了收入預期,行業數據顯示,亞洲水泥(中國)控股公司的收入增長預計將低於整個市場。由於今年的預期大幅下調以及目標股價的下降,如果投資者對亞洲水泥(中國)控股持謹慎態度,我們也不會感到驚訝。
After a downgrade like this, it's pretty clear that previous forecasts were too optimistic. What's more, we've spotted several possible issues with Asia Cement (China) Holdings' business, like its declining profit margins. For more information, you can click here to discover this and the 2 other warning signs we've identified.
在這樣的降級之後,很明顯,先前的預測過於樂觀。此外,我們發現亞洲水泥(中國)控股的業務可能存在幾個問題,例如其利潤率下降。欲了解更多信息,您可以單擊此處查看此警告信號以及我們確定的其他 2 個警告信號。
Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies that insiders are buying.
另一種搜索有趣公司的方法可能是 到達轉折點 就是追蹤管理層是買入還是賣出,我們的 免費的 內部人士正在收購的成長型公司名單。
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