We Think That There Are More Issues For Nantong Jiangshan Agrochemical & ChemicalsLtd (SHSE:600389) Than Just Sluggish Earnings
We Think That There Are More Issues For Nantong Jiangshan Agrochemical & ChemicalsLtd (SHSE:600389) Than Just Sluggish Earnings
Despite Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd.'s (SHSE:600389) recent earnings report having lackluster headline numbers, the market responded positively. While shareholders may be willing to overlook soft profit numbers, we believe that they should also be taking into account some other factors which may be cause for concern.
儘管南通江山農化股份有限公司S(上海證券交易所:600389)最近的盈利報告整體數位平淡,市場反應積極。雖然股東可能願意忽視疲軟的利潤數位,但我們認為,他們也應該考慮到其他一些可能令人擔憂的因素。
View our latest analysis for Nantong Jiangshan Agrochemical & ChemicalsLtd
查看我們對南通江山農化股份有限公司的最新分析
![earnings-and-revenue-history](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231031/0-d78d496a2a6338138bbab77c61d66546-0-7853d275ba9c67baa810c95000768a20.png/big)
How Do Unusual Items Influence Profit?
不尋常的專案如何影響利潤?
Importantly, our data indicates that Nantong Jiangshan Agrochemical & ChemicalsLtd's profit received a boost of CN¥59m in unusual items, over the last year. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. When we crunched the numbers on thousands of publicly listed companies, we found that a boost from unusual items in a given year is often not repeated the next year. And that's as you'd expect, given these boosts are described as 'unusual'. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is).
重要的是,我們的數據顯示,南通江山農化股份有限公司的利潤在去年的異常專案中增加了5900萬元。雖然有更高的利潤總是好事,但不尋常的東西帶來的巨大貢獻有時會挫傷我們的熱情。當我們分析了數千家上市公司的數據時,我們發現,在給定的一年裡,不尋常的專案往往會帶來提振不第二年又重複了一遍。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。假設這些不同尋常的專案在本年度不會再次出現,我們因此預計明年的利潤會更弱(也就是說,在沒有業務增長的情況下)。
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.
這可能會讓你想知道,分析師對未來盈利能力的預測是什麼。幸運的是,您可以單擊此處查看基於他們估計的未來盈利能力的互動圖表。
Our Take On Nantong Jiangshan Agrochemical & ChemicalsLtd's Profit Performance
我們對南通江山農化股份有限公司盈利業績的看法
Arguably, Nantong Jiangshan Agrochemical & ChemicalsLtd's statutory earnings have been distorted by unusual items boosting profit. Therefore, it seems possible to us that Nantong Jiangshan Agrochemical & ChemicalsLtd's true underlying earnings power is actually less than its statutory profit. But at least holders can take some solace from the 30% per annum growth in EPS for the last three. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. You'd be interested to know, that we found 2 warning signs for Nantong Jiangshan Agrochemical & ChemicalsLtd and you'll want to know about them.
可以說,南通江山農化股份有限公司的法定收益被不尋常的利潤提升專案扭曲了。因此,在我們看來,南通江山農化股份有限公司的真實潛在盈利能力實際上低於其法定利潤是可能的。但至少持有者可以從過去三年每股收益每年30%的增長中得到一些安慰。當然,當談到分析其收益時,我們只是觸及了皮毛;人們還可以考慮利潤率、預測增長和投資回報等因素。考慮到這一點,除非我們對風險有透徹的瞭解,否則我們不會考慮投資股票。你會有興趣知道的,我們發現南通江山農化股份有限公司2個警示標誌你會想要了解他們的。
Today we've zoomed in on a single data point to better understand the nature of Nantong Jiangshan Agrochemical & ChemicalsLtd'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.
今天,我們放大了一個數據點,以更好地瞭解南通江山農化股份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“跟著錢走”,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。
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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,地址是暗示Wallst.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.