Zhejiang Huace Film & TV Co., Ltd. (SZSE:300133) Analysts Just Cut Their EPS Forecasts Substantially
Zhejiang Huace Film & TV Co., Ltd. (SZSE:300133) Analysts Just Cut Their EPS Forecasts Substantially
The latest analyst coverage could presage a bad day for Zhejiang Huace Film & TV Co., Ltd. (SZSE:300133), with the analysts making across-the-board cuts to their statutory estimates that might leave shareholders a little shell-shocked. Both revenue and earnings per share (EPS) estimates were cut sharply as the analysts factored in the latest outlook for the business, concluding that they were too optimistic previously.
最新的分析師報道可能預示着浙江華策影視股份有限公司(SZSE:300133)即將面臨不好的一天,分析師對其財務預測進行了全面下調,這可能會讓股東們感到有些震驚。分析師們將營業收入和每股收益的預測大幅下調,因爲他們考慮了最新的業務前景,並得出結論認爲先前的預測過於樂觀。
After the downgrade, the six analysts covering Zhejiang Huace Film & TV are now predicting revenues of CN¥2.4b in 2024. If met, this would reflect a huge 63% improvement in sales compared to the last 12 months. Per-share earnings are expected to bounce 84% to CN¥0.21. Previously, the analysts had been modelling revenues of CN¥2.9b and earnings per share (EPS) of CN¥0.27 in 2024. Indeed, we can see that the analysts are a lot more bearish about Zhejiang Huace Film & TV's prospects, administering a substantial drop in revenue estimates and slashing their EPS estimates to boot.
在下調之後,現有的六位分析師預測浙江華策影視2024年的營業收入爲24億元。如果實現,這將相對上一年度銷售額大幅提高63%。預計每股收益將增長84%,達到0.21元。之前,分析師們的預測是2024年的營業收入爲29億元,每股收益爲0.27元。事實上,我們可以看到分析師們對浙江華策影視的前景更爲看淡,大幅下調了營業收入預測並大幅削減了每股收益預測。
![1724544671240](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240825/42828565-0-845a0a1de7b513cb34b97d6f224f1c8f.webp/bigjpg)
Despite the cuts to forecast earnings, there was no real change to the CN¥6.48 price target, showing that the analysts don't think the changes have a meaningful impact on its intrinsic value.
儘管預測盈利已經下調,但目標價仍保持在6.48元,這顯示分析師們認爲這些變化對其內在價值沒有實質性的影響。
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Zhejiang Huace Film & TV's past performance and to peers in the same industry. One thing stands out from these estimates, which is that Zhejiang Huace Film & TV is forecast to grow faster in the future than it has in the past, with revenues expected to display 166% annualised growth until the end of 2024. If achieved, this would be a much better result than the 12% annual decline over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 13% per year. Not only are Zhejiang Huace Film & TV's revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry.
這些預測很有意思,但在比較預測時,可以更廣泛地進行考察,包括與浙江華策影視過去的表現以及同行業中其他公司的比較。這些預測中有一個明顯的特點,即浙江華策影視的預計未來增長速度將超過過去,預計營業收入將以166%的年增長率顯示到2024年底。如果實現,這將比過去五年的12%年度下降要好得多。相比之下,我們的數據顯示,同行業其他(分析師跟蹤的)公司預計每年的營業收入增長率爲13%。浙江華策影視的營業收入預計不僅會改善,而且分析師們也預計其將比整個行業增長更快。
The Bottom Line
最重要的事情是分析師增加了它對下一年每股虧損的估計。令人欣慰的是,營收預測未發生重大變化,業務仍有望比整個行業增長更快。共識價格目標穩定在28.50美元,最新估計不足以對價格目標產生影響。
The biggest issue in the new estimates is that analysts have reduced their earnings per share estimates, suggesting business headwinds lay ahead for Zhejiang Huace Film & TV. Unfortunately, analysts also downgraded their revenue estimates, although our data indicates revenues are expected to perform better than the wider market. The lack of change in the price target is puzzling in light of the downgrade but, with a serious decline expected this year, we wouldn't be surprised if investors were a bit wary of Zhejiang Huace Film & TV.
新的估計中最大的問題是,分析師們降低了每股收益的預期,這表明浙江華策影視未來可能面臨業務逆風。不幸的是,分析師還下調了他們的營業收入預期,儘管我們的數據顯示,收入預計會優於整個市場。價格目標的缺乏變化讓人感到困惑,但考慮到今年預計會出現嚴重下滑,如果投資者有些謹慎,我們也不會感到驚訝。
Even so, the longer term trajectory of the business is much more important for the value creation of shareholders. At Simply Wall St, we have a full range of analyst estimates for Zhejiang Huace Film & TV going out to 2026, and you can see them free on our platform here.
儘管如此,業務的長期軌跡對於股東的價值創造更爲重要。在Simply Wall St,我們對浙江華策影視的2026年的分析師預期進行了全面覆蓋,您可以在我們的平台上免費查看。
Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders.
跟蹤管理層是購買還是銷售,是尋找可能達到關鍵點的有趣公司的另一種方法,我們的免費公司列表由內部支持的增長公司組成。
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。