Jiangyin Jianghua Microelectronics Materials Co., Ltd (SHSE:603078) Analysts Are Reducing Their Forecasts For This Year
Jiangyin Jianghua Microelectronics Materials Co., Ltd (SHSE:603078) Analysts Are Reducing Their Forecasts For This Year
The analysts covering Jiangyin Jianghua Microelectronics Materials Co., Ltd (SHSE:603078) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this year. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting analysts have soured majorly on the business.
報道江陰江華微電子材料有限公司(SHSE: 603078)的分析師今天對今年的法定預測進行了實質性修訂,從而向股東傳遞了一定負面情緒。收入和每股收益(EPS)的預測都出現了偏差,這表明分析師對該業務的表現主要不佳。
Following the downgrade, the most recent consensus for Jiangyin Jianghua Microelectronics Materials from its three analysts is for revenues of CN¥1.2b in 2024 which, if met, would be a major 21% increase on its sales over the past 12 months. Per-share earnings are expected to shoot up 50% to CN¥0.41. Before this latest update, the analysts had been forecasting revenues of CN¥1.6b and earnings per share (EPS) of CN¥0.56 in 2024. Indeed, we can see that the analysts are a lot more bearish about Jiangyin Jianghua Microelectronics Materials' prospects, administering a pretty serious reduction to revenue estimates and slashing their EPS estimates to boot.
評級下調後,三位分析師對江陰江華微電子材料的最新共識是,2024年的收入爲12億元人民幣,如果得到滿足,其銷售額將比過去12個月大幅增長21%。預計每股收益將飆升50%,至0.41元人民幣。在最新更新之前,分析師一直預測2024年的收入爲16億元人民幣,每股收益(EPS)爲0.56元人民幣。事實上,我們可以看出,分析師對江陰江華微電子材料的前景更加悲觀,他們大幅下調了收入預期,並下調了每股收益預期。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240322/0-38ed19a37d2e9713377378a453839e3b-0-ccc7a0b22e1222a09bdc32926cef0a41.png/big)
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Jiangyin Jianghua Microelectronics Materials' past performance and to peers in the same industry. We can infer from the latest estimates that forecasts expect a continuation of Jiangyin Jianghua Microelectronics Materials'historical trends, as the 21% annualised revenue growth to the end of 2024 is roughly in line with the 21% annual revenue growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 18% per year. So although Jiangyin Jianghua Microelectronics Materials is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.
這些估計很有趣,但是在查看預測與江陰江華微電子材料過去的表現以及與同一行業的同行進行比較時,可以更粗略地描述一些細節。我們可以從最新估計中推斷,預測預計江陰江華微電子材料的歷史趨勢將延續,因爲到2024年底的21%的年化收入增長與過去五年21%的年收入增長大致一致。將其與我們的數據並列,該數據表明,預計該行業其他公司(有分析師報道)的收入每年將增長18%。因此,儘管江陰江華微電子材料預計將保持其收入增長率,但其增長速度僅與整個行業差不多。
The Bottom Line
底線
The most important thing to take away is that analysts cut their earnings per share estimates, expecting a clear decline in business conditions. Lamentably, they also downgraded their sales forecasts, but the business is still expected to grow at roughly the same rate as the market itself. We wouldn't be surprised to find shareholders feeling a bit shell-shocked, after these downgrades. It looks like analysts have become a lot more bearish on Jiangyin Jianghua Microelectronics Materials, and their negativity could be grounds for caution.
要了解的最重要的一點是,分析師下調了每股收益預期,預計業務狀況將明顯下降。可悲的是,他們還下調了銷售預期,但預計該業務的增長速度仍將與市場本身大致相同。在這些下調評級之後,股東們感到有些震驚,我們也不會感到驚訝。看來分析師對江陰江華微電子材料的看跌情緒變得更加看跌,他們的消極情緒可能是謹慎的理由。
Even so, the longer term trajectory of the business is much more important for the value creation of shareholders. At Simply Wall St, we have a full range of analyst estimates for Jiangyin Jianghua Microelectronics Materials going out to 2026, and you can see them free on our platform here.
即便如此,業務的長期發展軌跡對於股東的價值創造更爲重要。在Simply Wall St,我們有分析師對江陰江華微電子材料到2026年的全方位估計,你可以在我們的平台上免費查看。
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.
尋找可能達到轉折點的有趣公司的另一種方法是使用內部人士收購的成長型公司的免費清單,跟蹤管理層是買入還是賣出。
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