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Edan Instruments' (SZSE:300206) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Edan Instruments' (SZSE:300206) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Edan Instruments(深圳證券交易所股票代碼:300206)的低迷收益可能僅僅是其問題的開始
Simply Wall St ·  04/04 18:53

The subdued market reaction suggests that Edan Instruments, Inc.'s (SZSE:300206) recent earnings didn't contain any surprises. However, we believe that investors should be aware of some underlying factors which may be of concern.

疲軟的市場反應表明,愛丹儀器公司。”s(深圳證券交易所股票代碼:300206)最近的收益沒有任何意外。但是,我們認爲,投資者應注意一些可能令人擔憂的潛在因素。

earnings-and-revenue-history
SZSE:300206 Earnings and Revenue History April 4th 2024
SZSE: 300206 2024 年 4 月 4 日的收益和收入歷史記錄

How Do Unusual Items Influence Profit?

不尋常的物品如何影響利潤?

For anyone who wants to understand Edan Instruments' profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from CN¥21m 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. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. If Edan Instruments doesn't see that contribution repeat, then all else being equal we'd expect its profit to drop over the current year.

對於任何想了解Edan Instruments超出法定數字的利潤的人來說,值得注意的是,在過去的十二個月中,從價值2100萬元人民幣的不尋常物品中獲得了法定利潤。我們不能否認更高的利潤通常會讓我們感到樂觀,但如果利潤是可持續的,我們更願意這樣做。當我們分析全球絕大多數上市公司時,我們發現重大不尋常的事項往往不會重演。而且,畢竟,這正是會計術語的含義。如果Edan Instruments不認爲這種捐款會重演,那麼在其他條件相同的情況下,我們預計其本年度的利潤將下降。

Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Edan Instruments.

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Edan Instruments的資產負債表分析。

Our Take On Edan Instruments' Profit Performance

我們對Edan Instruments利潤表現的看法

We'd posit that Edan Instruments' statutory earnings aren't a clean read on ongoing productivity, due to the large unusual item. Therefore, it seems possible to us that Edan Instruments' true underlying earnings power is actually less than its statutory profit. In further bad news, its earnings per share decreased in the last year. 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. While conducting our analysis, we found that Edan Instruments has 2 warning signs and it would be unwise to ignore these.

我們認爲,Edan Instruments的法定收益並不能完全衡量持續的生產率,這是因爲這個很大的不尋常項目。因此,在我們看來,Edan Instruments的真正基礎盈利能力實際上可能低於其法定利潤。另一個壞消息是,其每股收益在去年有所下降。當然,我們只是在分析其收益時才浮出水面;人們還可以考慮利潤率、預測增長和投資回報率等因素。考慮到這一點,除非我們對風險有透徹的了解,否則我們不會考慮投資股票。在進行分析時,我們發現Edan Instruments有兩個警告信號,忽視這些信號是不明智的。

Today we've zoomed in on a single data point to better understand the nature of Edan Instruments' profit. But there is always more to discover if you are capable of focussing your mind on minutiae. 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.

今天,我們放大了單個數據點,以更好地了解艾丹儀器利潤的性質。但是,如果你能夠將注意力集中在細節上,總會有更多的事情需要發現。有些人認爲高股本回報率是優質業務的好兆頭。雖然可能需要你進行一些研究,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。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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