Ningbo Haitian Precision Machinery Co.,Ltd. Just Missed Revenue By 8.8%: Here's What Analysts Think Will Happen Next
Ningbo Haitian Precision Machinery Co.,Ltd. Just Missed Revenue By 8.8%: Here's What Analysts Think Will Happen Next
The analysts might have been a bit too bullish on Ningbo Haitian Precision Machinery Co.,Ltd. (SHSE:601882), given that the company fell short of expectations when it released its full-year results last week. Ningbo Haitian Precision MachineryLtd missed analyst forecasts, with revenues of CN¥3.3b and statutory earnings per share (EPS) of CN¥1.17, falling short by 8.8% and 3.4% respectively. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
分析師可能對寧波海天精密機械有限公司過於看好。, Ltd.(SHSE: 601882),因爲該公司上週發佈全年業績時未達到預期。寧波海天精密機械有限公司未達到分析師的預期,收入爲33億元人民幣,法定每股收益(EPS)爲1.17元人民幣,分別下降8.8%和3.4%。分析師通常會在每份收益報告中更新他們的預測,我們可以從他們的估計中判斷他們對公司的看法是否發生了變化,或者是否有任何新的問題需要注意。我們認爲,讀者會發現分析師對明年最新(法定)業績後的預測很有趣。
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Taking into account the latest results, the current consensus from Ningbo Haitian Precision MachineryLtd's six analysts is for revenues of CN¥3.87b in 2024. This would reflect a meaningful 17% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to expand 20% to CN¥1.40. Yet prior to the latest earnings, the analysts had been anticipated revenues of CN¥4.36b and earnings per share (EPS) of CN¥1.46 in 2024. It looks like sentiment has fallen somewhat in the aftermath of these results, with a real cut to revenue estimates and a minor downgrade to earnings per share numbers as well.
考慮到最新業績,寧波海天精密機械有限公司的六位分析師目前的共識是,2024年的收入爲38.7億元人民幣。這將反映其收入在過去12個月中大幅增長了17%。預計每股法定收益將增長20%,至1.40元人民幣。然而,在最新業績公佈之前,分析師曾預計2024年收入爲43.6億元人民幣,每股收益(EPS)爲1.46元人民幣。這些業績公佈後,市場情緒似乎有所下降,收入估計值有所下調,每股收益數字也略有下調。
The consensus price target fell 8.5% to CN¥33.38, with the weaker earnings outlook clearly leading valuation estimates. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Ningbo Haitian Precision MachineryLtd analyst has a price target of CN¥35.50 per share, while the most pessimistic values it at CN¥31.25. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.
共識目標股價下跌8.5%,至33.38元人民幣,盈利前景疲軟顯然領先於估值預期。研究分析師的估計範圍,評估異常值與平均值的差異程度也可能很有啓發性。最樂觀的寧波海天精密機械有限公司分析師將目標股價定爲每股35.50元人民幣,而最悲觀的分析師則將其估值爲31.25元人民幣。估計值的狹窄差異可能表明該業務的未來相對容易估值,或者分析師對其前景有強烈的看法。
Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that Ningbo Haitian Precision MachineryLtd's revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 17% growth on an annualised basis. This is compared to a historical growth rate of 25% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 19% annually. Factoring in the forecast slowdown in growth, it looks like Ningbo Haitian Precision MachineryLtd is forecast to grow at about the same rate as the wider industry.
當然,看待這些預測的另一種方法是將它們與行業本身聯繫起來。很明顯,預計寧波海天精密機械有限公司的收入增長將大幅放緩,預計到2024年底的收入按年計算將增長17%。相比之下,過去五年的歷史增長率爲25%。將其與業內其他有分析師報道的公司並列,預計這些公司的收入(總計)每年將增長19%。考慮到增長放緩的預測,寧波海天精密機械有限公司的增長速度似乎與整個行業大致相同。
The Bottom Line
底線
The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Sadly, they also downgraded their revenue forecasts, but the business is still expected to grow at roughly the same rate as the industry itself. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.
要了解的最重要的一點是,分析師下調了每股收益的預期,這表明公佈這些業績後,市場情緒明顯下降。遺憾的是,他們還下調了收入預期,但預計該業務的增長速度仍將與該行業本身大致相同。此外,分析師還下調了目標股價,這表明最新消息加劇了人們對業務內在價值的悲觀情緒。
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Ningbo Haitian Precision MachineryLtd going out to 2026, and you can see them free on our platform here.
話雖如此,公司收益的長期軌跡比明年重要得多。我們對寧波海天精密機械有限公司的預測將持續到2026年,你可以在我們的平台上免費查看。
Before you take the next step you should know about the 1 warning sign for Ningbo Haitian Precision MachineryLtd that we have uncovered.
在您採取下一步行動之前,您應該了解我們發現的寧波海天精密機械有限公司的1個警告標誌。
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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。