Great Microwave Technology Co., Ltd. (SHSE:688270) Just Released Its Yearly Earnings: Here's What Analysts Think
Great Microwave Technology Co., Ltd. (SHSE:688270) Just Released Its Yearly Earnings: Here's What Analysts Think
As you might know, Great Microwave Technology Co., Ltd. (SHSE:688270) recently reported its yearly numbers. The result was fairly weak overall, with revenues of CN¥281m being 7.3% less than what the analyst had been modelling. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analyst has changed their mind on Great Microwave Technology after the latest results.
你可能知道,格瑞特微波技術有限公司(上海證券交易所股票代碼:688270)最近公佈了其年度數字。總體結果相當疲軟,2.81億元人民幣的收入比分析師的建模低7.3%。對於投資者來說,這是一個重要時刻,因爲他們可以在報告中追蹤公司的業績,看看專家對明年的預測,看看對該業務的預期是否有任何變化。讀者會很高興得知我們已經彙總了最新的法定預測,以了解分析師在最新業績公佈後是否改變了對Great Microve Technology的看法。
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After the latest results, the sole analyst covering Great Microwave Technology are now predicting revenues of CN¥403.8m in 2024. If met, this would reflect a major 44% improvement in revenue compared to the last 12 months. Per-share earnings are expected to jump 71% to CN¥0.81. Before this earnings report, the analyst had been forecasting revenues of CN¥424.2m and earnings per share (EPS) of CN¥1.12 in 2024. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a large cut to earnings per share estimates.
根據最新業績,負責巨微波科技的唯一分析師現在預測2024年的收入爲4.038億元人民幣。如果得到滿足,這將反映出收入與過去12個月相比大幅增長了44%。每股收益預計將增長71%,至0.81元人民幣。在本業績發佈之前,分析師一直預測2024年的收入爲4.242億元人民幣,每股收益(EPS)爲1.12元人民幣。由此我們可以看出,在最新業績公佈之後,市場情緒肯定變得更加悲觀了,這導致收入預期降低,每股收益預期大幅下調。
Despite the cuts to forecast earnings, there was no real change to the CN¥62.71 price target, showing that the analyst doesn't think the changes have a meaningful impact on its intrinsic value.
儘管下調了預期收益,但62.71元人民幣的目標股價沒有實際變化,這表明分析師認爲這些變化不會對其內在價值產生有意義的影響。
Of course, another way to look at these forecasts is to place them into context against the industry itself. The analyst is definitely expecting Great Microwave Technology's growth to accelerate, with the forecast 44% annualised growth to the end of 2024 ranking favourably alongside historical growth of 28% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 23% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analyst also expect Great Microwave Technology to grow faster than 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。這位分析師肯定預計巨微波科技的增長將加速,預計到2024年底的年化增長率爲44%,而過去五年的歷史年增長率爲28%。相比之下,我們的數據表明,預計類似行業的其他公司(有分析師報道)的收入將以每年23%的速度增長。顯而易見,儘管增長前景比最近更加光明,但分析師也預計,偉大的微波科技的增長速度將超過整個行業。
The Bottom Line
底線
The biggest concern is that the analyst reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Great Microwave Technology. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
最大的擔憂是,分析師下調了每股收益預期,這表明巨微波科技可能會面臨業務不利因素。遺憾的是,他們還下調了收入預期,但最新的預測仍然表明該業務的增長速度將超過整個行業。共識目標股價沒有實際變化,這表明根據最新估計,該業務的內在價值沒有發生任何重大變化。
With that in mind, we wouldn't be too quick to come to a conclusion on Great Microwave Technology. Long-term earnings power is much more important than next year's profits. At least one analyst has provided forecasts out to 2026, which can be seen for free on our platform here.
考慮到這一點,我們不會很快就偉大的微波技術得出結論。長期盈利能力比明年的利潤重要得多。至少有一位分析師提供了到2026年的預測,可以在我們的平台上免費查看。
You still need to take note of risks, for example - Great Microwave Technology has 3 warning signs (and 1 which is concerning) we think you should know about.
您仍然需要注意風險,例如,Great Microwave Technology有3個警告信號(其中一個令人擔憂),我們認爲您應該知道。
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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.
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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。