Dongguan Huali IndustriesLtd's (SHSE:603038) Performance Is Even Better Than Its Earnings Suggest
Dongguan Huali IndustriesLtd's (SHSE:603038) Performance Is Even Better Than Its Earnings Suggest
Even though Dongguan Huali Industries Co.,Ltd (SHSE:603038 ) posted strong earnings, investors appeared to be underwhelmed. We did some digging and actually think they are being unnecessarily pessimistic.
儘管東莞華利實業有限公司, Ltd(上海證券交易所代碼:603038)公佈了強勁的收益,但投資者似乎不知所措。我們進行了一些挖掘,實際上認爲他們過於悲觀。
![earnings-and-revenue-history](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240419/0-da8b52af9d1a3ec9d35bbd2002ce17c6-0-12fd7e528f081a4e6af0196bb71552a7.png/big)
The Impact Of Unusual Items On Profit
不尋常物品對利潤的影響
To properly understand Dongguan Huali IndustriesLtd's profit results, we need to consider the CN¥15m expense attributed to unusual items. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And, after all, that's exactly what the accounting terminology implies. If Dongguan Huali IndustriesLtd doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year.
爲了正確了解東莞華利實業有限公司的利潤業績,我們需要考慮歸因於不尋常項目的1500萬元人民幣支出。儘管由於不尋常項目而產生的扣除首先令人失望,但有一線希望。我們調查了數千家上市公司,發現不尋常的物品本質上往往是一次性的。而且,畢竟,這正是會計術語的含義。如果東莞華利實業有限公司不看到這些不尋常的支出重演,那麼在其他條件相同的情況下,我們預計其利潤將在來年增加。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Dongguan Huali IndustriesLtd.
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東莞華利實業有限公司的資產負債表分析
Our Take On Dongguan Huali IndustriesLtd's Profit Performance
我們對東莞華利實業有限公司盈利表現的看法
Unusual items (expenses) detracted from Dongguan Huali IndustriesLtd's earnings over the last year, but we might see an improvement next year. Based on this observation, we consider it likely that Dongguan Huali IndustriesLtd's statutory profit actually understates its earnings potential! And the EPS is up 80% over the last twelve months. 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. If you want to do dive deeper into Dongguan Huali IndustriesLtd, you'd also look into what risks it is currently facing. Every company has risks, and we've spotted 3 warning signs for Dongguan Huali IndustriesLtd (of which 1 can't be ignored!) you should know about.
不尋常的項目(支出)減少了東莞華利實業有限公司去年的收益,但明年我們可能會看到改善。基於這一觀察,我們認爲東莞華利實業有限公司的法定利潤實際上可能低估了其盈利潛力!在過去的十二個月中,每股收益增長了80%。歸根結底,如果你想正確地了解公司,必須考慮的不僅僅是上述因素。如果你想更深入地了解東莞華利實業有限公司,你還需要研究它目前面臨的風險。每家公司都有風險,我們已經發現了東莞華立實業有限公司的3個警告標誌(其中1個不容忽視!)你應該知道。
Today we've zoomed in on a single data point to better understand the nature of Dongguan Huali IndustriesLtd's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. 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,以更好地了解東莞華利實業有限公司利潤的性質。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。例如,許多人認爲高股本回報率是有利的商業經濟的標誌,而另一些人則喜歡 “關注資金”,尋找內部人士正在買入的股票。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。