Here's What Analysts Are Forecasting For Foshan Electrical and Lighting Co.,Ltd (SZSE:000541) Following Its Earnings Miss
Here's What Analysts Are Forecasting For Foshan Electrical and Lighting Co.,Ltd (SZSE:000541) Following Its Earnings Miss
As you might know, Foshan Electrical and Lighting Co.,Ltd (SZSE:000541) last week released its latest full-year, and things did not turn out so great for shareholders. Foshan Electrical and LightingLtd missed analyst forecasts, with revenues of CN¥9.1b and statutory earnings per share (EPS) of CN¥0.21, falling short by 6.2% and 5.9% respectively. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
如你所知,佛山電器照明有限公司, Ltd(深圳證券交易所股票代碼:000541)上週公佈了最新的全年業績,但對股東來說,情況並不那麼樂觀。佛山電氣照明有限公司未達到分析師的預期,收入爲91億元人民幣,法定每股收益(EPS)爲0.21元人民幣,分別下降6.2%和5.9%。根據結果,分析師更新了他們的盈利模式,很高興知道他們是否認爲公司的前景發生了巨大變化,或者業務是否照舊。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 most recent consensus for Foshan Electrical and LightingLtd from five analysts is for revenues of CN¥11.5b in 2024. If met, it would imply a substantial 27% increase on its revenue over the past 12 months. Per-share earnings are expected to shoot up 44% to CN¥0.27. In the lead-up to this report, the analysts had been modelling revenues of CN¥12.6b and earnings per share (EPS) of CN¥0.32 in 2024. The analysts seem less optimistic after the recent results, reducing their revenue forecasts and making a real cut to earnings per share numbers.
考慮到最新業績,五位分析師對佛山電氣照明有限公司的最新共識是,2024年的收入爲115億元人民幣。如果得到滿足,這意味着其收入在過去12個月中將大幅增長27%。預計每股收益將飆升44%,至0.27元人民幣。在本報告發布之前,分析師一直在模擬2024年的收入爲126億元人民幣,每股收益(EPS)爲0.32元人民幣。在最近的業績公佈後,分析師似乎不那麼樂觀,他們下調了收入預期,並實際削減了每股收益數字。
The analysts made no major changes to their price target of CN¥7.10, suggesting the downgrades are not expected to have a long-term impact on Foshan Electrical and LightingLtd's valuation.
分析師沒有對7.10元人民幣的目標股價做出重大調整,這表明下調評級預計不會對佛山電氣照明有限公司的估值產生長期影響。
Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of Foshan Electrical and LightingLtd'shistorical trends, as the 27% annualised revenue growth to the end of 2024 is roughly in line with the 25% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 18% per year. So although Foshan Electrical and LightingLtd is expected to maintain its revenue growth rate, it's definitely expected 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。我們可以從最新估計中推斷,預測預計佛山電氣照明有限公司的歷史趨勢將延續,因爲到2024年底的27%的年化收入增長與過去五年25%的年增長大致一致。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)的收入每年將增長18%。因此,儘管佛山電氣照明有限公司有望保持其收入增長率,但其增長速度肯定會超過整個行業。
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. They also downgraded Foshan Electrical and LightingLtd's revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. The consensus price target held steady at CN¥7.10, with the latest estimates not enough to have an impact on their price targets.
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。他們還下調了佛山電氣照明有限公司的收入預期,但行業數據表明,預計其增長速度將快於整個行業。共識目標股價穩定在7.10元人民幣,最新估計不足以對其目標股價產生影響。
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Foshan Electrical and LightingLtd analysts - going out to 2026, and you can see them free on our platform here.
根據這種思路,我們認爲該業務的長期前景比明年的收益重要得多。佛山電氣照明有限公司的多位分析師估計,到2026年,你可以在我們的平台上免費看到。
However, before you get too enthused, we've discovered 3 warning signs for Foshan Electrical and LightingLtd that you should be aware of.
但是,在你變得太熱情之前,我們已經發現了佛山電氣照明有限公司的3個警告標誌,你應該注意這些標誌。
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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。