Weak Statutory Earnings May Not Tell The Whole Story For RoadMainTLtd (SHSE:603860)
Weak Statutory Earnings May Not Tell The Whole Story For RoadMainTLtd (SHSE:603860)
The market wasn't impressed with the soft earnings from RoadMainT Co.,Ltd. (SHSE:603860) recently. We did some analysis, and found that there are some reasons to be cautious about the headline numbers.
RoadMaint Co.的疲軟收益並沒有給市場留下深刻的印象。,有限公司(上海證券交易所股票代碼:603860)最近。我們做了一些分析,發現有一些理由對標題數字持謹慎態度。
![earnings-and-revenue-history](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240504/0-90b9fff445e438ca1e93162ffa8eab0e-0-ddc70d692b3bab16c83b22a82e38fce5.png/big)
The Impact Of Unusual Items On Profit
不尋常物品對利潤的影響
For anyone who wants to understand RoadMainTLtd's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from CN¥3.5m worth of unusual items. While we like to see profit increases, we tend to be a little more cautious when unusual items have made a big contribution. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. And that's as you'd expect, given these boosts are described as 'unusual'. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is).
對於任何想了解RoadmaintLTD在法定數字之外的利潤的人來說,值得注意的是,在過去的十二個月中,從價值350萬元人民幣的不尋常物品中獲得了法定利潤。雖然我們希望看到利潤增加,但當不尋常的物品做出重大貢獻時,我們往往會更加謹慎一些。我們統計了全球大多數上市公司的數字,不尋常的物品在自然界中很常見。這正如你所預料的那樣,因爲這些增強被描述爲 “不尋常”。假設這些不尋常的項目在本年度不會再次出現,因此我們預計明年的利潤將疲軟(也就是說,在業務沒有增長的情況下)。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of RoadMainTLtd.
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RoadmaintLtd的資產負債表分析
Our Take On RoadMainTLtd's Profit Performance
我們對RoadMaintLtd的利潤表現的看法
Arguably, RoadMainTLtd's statutory earnings have been distorted by unusual items boosting profit. Because of this, we think that it may be that RoadMainTLtd's statutory profits are better than its underlying earnings power. Sadly, its EPS was down over the last twelve months. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on RoadMainTLtd's balance sheet by clicking here.
可以說,RoadmaintLTD的法定收益被提振利潤的不尋常項目所扭曲。因此,我們認爲RoadmaintLTD的法定利潤可能好於其基礎盈利能力。不幸的是,在過去的十二個月中,其每股收益有所下降。本文的目標是評估我們在多大程度上可以依靠法定收益來反映公司的潛力,但還有很多需要考慮的地方。雖然收益很重要,但另一個需要考慮的領域是資產負債表。我們已經做了一些分析,你可以點擊這裏查看我們對RoadmaintLTD資產負債表的看法。
Today we've zoomed in on a single data point to better understand the nature of RoadMainTLtd's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. 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.
今天,我們放大了單個數據點,以更好地了解RoadmaintLTD利潤的性質。但是,還有很多其他方法可以讓你對公司的看法。有些人認爲高股本回報率是優質業務的好兆頭。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.
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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。