Shopify (NYSE:SHOP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Shopify (NYSE:SHOP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Unsurprisingly, Shopify Inc.'s (NYSE:SHOP) stock price was strong on the back of its healthy earnings report. We did some analysis and think that investors are missing some details hidden beneath the profit numbers.
預料之中,Shopify Inc.(紐交所:shopify)的股價在其健康的收益報告的支撐下強勁上漲。我們進行了一些分析,認爲投資者正在錯過盈利數字背後隱藏的細節。
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How Do Unusual Items Influence Profit?
非常規項目如何影響利潤?
To properly understand Shopify's profit results, we need to consider the US$436m gain attributed to unusual items. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. Which is hardly surprising, given the name. Shopify had a rather significant contribution from unusual items relative to its profit to June 2024. All else being equal, this would likely have the effect of making the statutory profit a poor guide to underlying earnings power.
爲了正確理解Shopify的利潤結果,我們需要考慮歸因於飛凡項目的43600萬美元。我們不得不承認更高的利潤通常會讓我們感到樂觀,但如果利潤可以持續,則更好。當我們分析全球大多數上市公司時,我們發現重大的異常項目通常不會重複。這並不奇怪,考慮到名稱。與其盈利相比,2024年6月Shopify從異常項目中獲得了相當大的貢獻。其他一切不變的情況下,這可能會導致法定利潤成爲衡量基礎收益能力的劣質指標。
That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.
這可能會讓您想知道分析師對未來盈利能力的預測。幸運的是,您可以單擊此處查看基於其估計的未來盈利能力的互動圖表。
Our Take On Shopify's Profit Performance
我們對Shopify的利潤業績的看法
As previously mentioned, Shopify's large boost from unusual items won't be there indefinitely, so its statutory earnings are probably a poor guide to its underlying profitability. For this reason, we think that Shopify's statutory profits may be a bad guide to its underlying earnings power, and might give investors an overly positive impression of the company. On the bright side, the company showed enough improvement to book a profit this year, after losing money last year. 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. If you'd like to know more about Shopify as a business, it's important to be aware of any risks it's facing. For example, we've discovered 2 warning signs that you should run your eye over to get a better picture of Shopify.
正如先前提到的,Shopify從飛凡項目獲得的巨大提升不會無限期存在,因此其法定盈利可能是衡量其基礎盈利能力的劣質指標。因此,我們認爲Shopify的法定利潤可能是其基礎收益能力的不良指南,可能會給投資者留下過於積極的印象。好的是,該公司今年表現出了足夠的改善,成功獲利,而去年虧損。本文的目的是評估我們能否依靠法定盈利來反映公司的潛力,但還有很多要考慮。如果您想了解有關Shopify作爲企業的更多信息,了解其面臨的任何風險非常重要。例如,我們發現2個警告信號,您應該仔細檢查,從而更好地了解Shopify。
Today we've zoomed in on a single data point to better understand the nature of Shopify's 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. 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 with significant insider holdings to be useful.
今天,我們關注了一個單一的數據點,以更好地理解Shopify的利潤性質。但是,如果您能夠將注意力集中在細節上,就會發現更多。有些人認爲高回報率是高質量企業的良好標誌。雖然你可能需要做一些研究,但你可能會發現這個自由收藏的公司展示高回報率,或這個擁有顯着內部人持股的股票的列表非常有用。
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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。