Investors Can Find Comfort In Jiangsu NanFang PrecisionLtd's (SZSE:002553) Earnings Quality
Investors Can Find Comfort In Jiangsu NanFang PrecisionLtd's (SZSE:002553) Earnings Quality
Shareholders appeared unconcerned with Jiangsu NanFang Precision Co.,Ltd.'s (SZSE:002553) lackluster earnings report last week. Our analysis suggests that while the profits are soft, the foundations of the business are strong.
股東們似乎對江蘇南方精密股份有限公司漠不關心。, Ltd. 's(深圳證券交易所:002553)上週的收益報告乏善可陳。我們的分析表明,儘管利潤疲軟,但業務基礎卻很牢固。
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The Impact Of Unusual Items On Profit
不尋常物品對利潤的影響
Importantly, our data indicates that Jiangsu NanFang PrecisionLtd's profit was reduced by CN¥91m, due to unusual items, over the last year. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And that's hardly a surprise given these line items are considered unusual. Jiangsu NanFang PrecisionLtd took a rather significant hit from unusual items in the year to December 2023. All else being equal, this would likely have the effect of making the statutory profit look worse than its underlying earnings power.
重要的是,我們的數據表明,由於不尋常的項目,江蘇南方精密有限公司的利潤比去年減少了9100萬元人民幣。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。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。鑑於這些單列項目被認爲不尋常,這並不奇怪。在截至2023年12月的一年中,江蘇南方精密有限公司因不尋常的物品而遭受了相當大的打擊。在其他條件相同的情況下,這可能會使法定利潤看起來比其基本盈利能力差。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Jiangsu NanFang PrecisionLtd.
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江蘇南方精密股份有限公司的資產負債表分析
Our Take On Jiangsu NanFang PrecisionLtd's Profit Performance
我們對江蘇南方精密有限公司盈利表現的看法
As we mentioned previously, the Jiangsu NanFang PrecisionLtd's profit was hampered by unusual items in the last year. Based on this observation, we consider it possible that Jiangsu NanFang PrecisionLtd's statutory profit actually understates its earnings potential! On the other hand, its EPS actually shrunk in the last twelve months. 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. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. To that end, you should learn about the 5 warning signs we've spotted with Jiangsu NanFang PrecisionLtd (including 2 which don't sit too well with us).
正如我們之前提到的,去年,江蘇南方精密有限公司的利潤受到不尋常事件的阻礙。基於這一觀察,我們認爲江蘇南方精密有限公司的法定利潤實際上可能低估了其盈利潛力!另一方面,其每股收益實際上在過去十二個月中萎縮了。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。因此,如果你想更深入地研究這隻股票,那麼考慮它所面臨的任何風險至關重要。爲此,你應該了解我們在江蘇南方精密股份有限公司發現的5個警告標誌(包括2個對我們來說不太合適)。
This note has only looked at a single factor that sheds light on the nature of Jiangsu NanFang PrecisionLtd's profit. But there are plenty of other ways to inform your opinion of a company. 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. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks that insiders are buying.
這份報告只考慮了揭示江蘇南方精密有限公司利潤性質的單一因素。但是,還有很多其他方法可以讓你對公司的看法。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。因此,你可能希望看到這份免費收藏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。
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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.
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。