Ningbo Heli Technology's (SHSE:603917) Profits Appear To Have Quality Issues
Ningbo Heli Technology's (SHSE:603917) Profits Appear To Have Quality Issues
Ningbo Heli Technology Co., Ltd.'s (SHSE:603917) healthy profit numbers didn't contain any surprises for investors. However the statutory profit number doesn't tell the whole story, and we have found some factors which might be of concern to shareholders.
寧波合力科技有限公司's (SHSE: 603917) 健康的利潤數字並沒有給投資者帶來任何意外。但是,法定利潤數字並不能說明全部情況,我們發現了一些可能引起股東關注的因素。
View our latest analysis for Ningbo Heli Technology
查看我們對寧波合力科技的最新分析
![earnings-and-revenue-history](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231108/0-eeb211e22455229d1110fee87f71e18b-0-f8b69ebce3588e3d2f947178ac3b4656.png/big)
How Do Unusual Items Influence Profit?
不尋常的物品如何影響利潤?
For anyone who wants to understand Ningbo Heli Technology's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from CN¥15m worth of 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'. We can see that Ningbo Heli Technology's positive unusual items were quite significant relative to its profit in the year to September 2023. As a result, we can surmise that the unusual items are making its statutory profit significantly stronger than it would otherwise be.
對於任何想了解寧波合力科技在法定數字之外的利潤的人來說,值得注意的是,在過去的十二個月中,從價值1,500萬元人民幣的稀有物品中獲得了法定利潤。我們不能否認,更高的利潤通常使我們感到樂觀,但如果利潤是可持續的,我們更願意這樣做。我們統計了全球大多數上市公司的數字,在自然界中,一次性出現不尋常物品的情況很常見。這是你所期望的,因爲這些提升被描述爲 “不尋常”。我們可以看到,在截至2023年9月的一年中,寧波合力科技的正向異常項目相對於其利潤相當可觀。因此,我們可以推測,這些不尋常的物品使其法定利潤比原本要高得多。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Ningbo Heli Technology.
注意:我們始終建議投資者檢查資產負債表的實力。點擊此處查看我們對寧波合力科技的資產負債表分析。
Our Take On Ningbo Heli Technology's Profit Performance
我們對寧波合力科技盈利表現的看法
As previously mentioned, Ningbo Heli Technology's 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 Ningbo Heli Technology's 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 11% EPS growth 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. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. To that end, you should learn about the 4 warning signs we've spotted with Ningbo Heli Technology (including 1 which doesn't sit too well with us).
如前所述,寧波合力科技因不尋常項目而獲得的巨大提振不會無限期地存在,因此其法定收益可能無法很好地指導其潛在盈利能力。出於這個原因,我們認爲寧波合力科技的法定利潤可能無法很好地指導其潛在的盈利能力,並可能給投資者留下過於積極的印象。但至少持有者可以從去年11%的每股收益增長中得到一些安慰。歸根結底,如果你想正確地了解公司,那麼除了上述因素外,還必須考慮更多因素。請記住,在分析股票時,值得注意所涉及的風險。爲此,你應該了解我們在寧波合力科技發現的4個警告信號(包括一個對我們來說不太合適)。
This note has only looked at a single factor that sheds light on the nature of Ningbo Heli Technology's profit. But there are plenty of other ways to inform your opinion of a company. 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 that insiders are buying to be useful.
本說明僅研究了揭示寧波合力科技利潤性質的單一因素。但是,還有很多其他方法可以告知你對公司的看法。有些人認爲高股本回報率是高質量業務的好兆頭。儘管可能需要代表你進行一些研究,但你可能會發現這份免費收集的擁有高股本回報率的公司,或者這份內部人士正在購買的股票清單很有用。
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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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。