We Think That There Are Some Issues For Genes Tech Group Holdings (HKG:8257) Beyond Its Promising Earnings
We Think That There Are Some Issues For Genes Tech Group Holdings (HKG:8257) Beyond Its Promising Earnings
The stock price didn't jump after Genes Tech Group Holdings Company Limited (HKG:8257) posted decent earnings last week. Our analysis showed that there are some concerning factors in the earnings that investors may be cautious of.
靖洋集團控股有限公司(HKG:8257)上週發佈了不錯的盈利數據,但股價並未大漲。我們的分析顯示,盈利中存在一些令投資者謹慎的因素。
How Do Unusual Items Influence Profit?
非常規項目如何影響利潤?
Importantly, our data indicates that Genes Tech Group Holdings' profit received a boost of NT$7.8m in unusual items, over the last year. 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. Which is hardly surprising, given the name. If Genes Tech Group Holdings doesn't see that contribution repeat, then all else being equal we'd expect its profit to drop over the current year.
重要的是,我們的數據顯示,靖洋集團控股在過去一年中的利潤出現了780萬臺幣的非常規項目增長。儘管我們喜歡看到利潤增長,但當非常規項目大幅貢獻時,我們會更加謹慎。我們對全球大多數上市公司進行了數字分析,非常規項目通常只會發生一次。考慮到名稱,這並不奇怪。如果靖洋集團控股不再享受這種貢獻,其他因素保持不變,我們預計其利潤在當前年度會下降。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Genes Tech Group Holdings.
注意:我們始終建議投資者檢查資產負債表的強度。點擊這裏查看我們對靖洋集團控股的資產負債表分析。
Our Take On Genes Tech Group Holdings' Profit Performance
我們對靖洋集團控股的利潤表現的觀點
Arguably, Genes Tech Group Holdings' statutory earnings have been distorted by unusual items boosting profit. Therefore, it seems possible to us that Genes Tech Group Holdings' true underlying earnings power is actually less than its statutory profit. The good news is that it earned a profit in the last twelve months, despite its previous loss. 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. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. For instance, we've identified 4 warning signs for Genes Tech Group Holdings (3 don't sit too well with us) you should be familiar with.
可以說,靖洋集團控股的法定收入被異常項目扭曲,進而提升利潤。因此,我們認爲靖洋集團控股的真實基本盈利能力實際上低於其法定利潤。好消息是,在過去的十二個月裏,它盈利了,儘管之前虧損。本文的目標是評估我們能否依賴法定收入來反映公司的潛力,但還有很多要考慮。請記住,在分析股票時,值得注意涉及的風險。例如,我們已經確定了靖洋集團控股的4個警告信號(其中3個不太讓我們滿意),您應該熟悉。
This note has only looked at a single factor that sheds light on the nature of Genes Tech Group Holdings' profit. But there is always more to discover if you are capable of focussing your mind on minutiae. 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. 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.
這篇筆記只是從一個因素來解釋靖洋集團利潤的性質。但是,如果你能集中注意力於細枝末節,總會有更多的發現。例如,許多人認爲股本回報率高是良好的商業經濟指標,而其他人則喜歡「跟蹤資金」並尋找內部人員在購買的股票。雖然這可能需要您進行一些研究,但您可能會發現這個免費的高股本回報率公司收藏,或者這個擁有重要內部持股的股票清單很有用。
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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。