Investors Can Find Comfort In Telecom Digital Holdings' (HKG:6033) Earnings Quality
Investors Can Find Comfort In Telecom Digital Holdings' (HKG:6033) Earnings Quality
The market was pleased with the recent earnings report from Telecom Digital Holdings Limited (HKG:6033), despite the profit numbers being soft. Our analysis suggests that investors may have noticed some promising signs beyond the statutory profit figures.
雖然營業收入數字不盡如人意,但從我們的分析來看,投資者可能已經注意到了業績以外的一些有希望的跡象,因此市場對電訊數字控股有限公司(HKG:6033)最近的業績非常滿意。
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The Impact Of Unusual Items On Profit
除了稀釋之外,還應該注意的是,萬集科技在過去12個月中因不尋常項目獲得了價值人民幣3.5萬元的利潤。雖然我們希望看到利潤增加,但當這些不尋常項目對利潤做出重大貢獻時,我們會更加謹慎。我們對全球大部分上市公司的數據進行了分析,發現不尋常項目往往是一次性的。這正如我們所期望的那樣,因爲這些提升被描述爲"不尋常"。相對於其利潤而言,萬集科技在2021年12月前的不尋常項目貢獻大。因此,我們可以推斷出,這些不尋常項目正在使其財務利潤顯著增強。
To properly understand Telecom Digital Holdings' profit results, we need to consider the HK$11m expense attributed to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And that's hardly a surprise given these line items are considered unusual. Assuming those unusual expenses don't come up again, we'd therefore expect Telecom Digital Holdings to produce a higher profit next year, all else being equal.
爲了正確理解電訊數字控股有限公司的利潤數據,我們需要考慮到1100萬港元的非常規支出。雖然非常規支出會影響公司的利潤,但好的消息是,這些支出很可能只是獨立發生的一次性事件。如果不再出現這些非常規支出,我們可以預期電訊數字控股有限公司的利潤將在未來增長。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Telecom Digital Holdings.
注意:我們始終建議投資者檢查資產負債表的穩健性。單擊此處以查看我們對電訊數字控股有限公司資產負債表的分析。
Our Take On Telecom Digital Holdings' Profit Performance
我們對電訊數字控股有限公司的利潤表現的看法
Unusual items (expenses) detracted from Telecom Digital Holdings' earnings over the last year, but we might see an improvement next year. Based on this observation, we consider it likely that Telecom Digital Holdings' statutory profit actually understates its earnings potential! Unfortunately, though, its earnings per share actually fell back over 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. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. Every company has risks, and we've spotted 4 warning signs for Telecom Digital Holdings (of which 2 are significant!) you should know about.
在過去的一年中,非常規支出影響了電訊數字控股有限公司的利潤,但我們可能會在未來看到一些改善。基於這一觀察,我們認爲,電訊數字控股有限公司的核算利潤實際上低估了其盈利潛力!但不幸的是,其每股收益在過去一年中回落了。當然,這只是分析其盈利的冰山一角,我們也可以考慮利潤率、預測增長和投資回報率等因素。請記住,在分析股票風險時值得注意的風險有很多。每個公司都存在風險,我們已經爲電訊數字控股有限公司發現了4個警告信號(其中2個非常重要!)你應該知道。
Today we've zoomed in on a single data point to better understand the nature of Telecom Digital Holdings' 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. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership.
今天,我們關注了電訊數字控股有限公司的一項數據,以更好地理解其利潤的本質。但如果你能夠聚焦細節,你就會發現更多的東西。有些人認爲,高淨資產回報率是一個高質量企業的良好跡象,因此你可能希望看看這個免費的高淨資產回報率的公司集合,或者這個擁有高內部持股的股票列表。
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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。