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ShanDongDenghai Seeds Co.,Ltd (SZSE:002041) Analysts Are More Bearish Than They Used To Be

ShanDongDenghai Seeds Co.,Ltd (SZSE:002041) Analysts Are More Bearish Than They Used To Be

山東登海種業股份有限公司(深交所:002041)的分析師看淡程度比以往更高
Simply Wall St ·  09/01 20:29

The latest analyst coverage could presage a bad day for ShanDongDenghai Seeds Co.,Ltd (SZSE:002041), 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. At CN¥8.13, shares are up 6.7% in the past 7 days. We'd be curious to see if the downgrade is enough to reverse investor sentiment on the business.

最新的分析師覆蓋可能預示着山東登海種業(SZSE:002041)將迎來一個不太好的日子,分析師們對他們的法定估算進行了全面削減,這可能讓股東們有些震驚。營業收入和每股收益(EPS)的估算都被大幅削減,因分析師們認爲之前的預期過於樂觀。股價8.13元,在過去7天中上漲了6.7%。我們會好奇看到這次的下調是否足以改變對公司的投資者情緒。

Following this downgrade, ShanDongDenghai SeedsLtd's five analysts are forecasting 2024 revenues to be CN¥1.5b, approximately in line with the last 12 months. Statutory earnings per share are forecast to be CN¥0.27, approximately in line with the last 12 months. Prior to this update, the analysts had been forecasting revenues of CN¥1.7b and earnings per share (EPS) of CN¥0.33 in 2024. Indeed, we can see that the analysts are a lot more bearish about ShanDongDenghai SeedsLtd's prospects, administering a measurable cut to revenue estimates and slashing their EPS estimates to boot.

在此次下調後,山東登海種業有限公司的五位分析師預測2024年的營業收入將達到15億人民幣,與過去12個月基本持平。預計每股收益將爲0.27元,與過去12個月基本持平。在此次更新之前,分析師們預測2024年的營業收入爲17億人民幣,每股收益爲0.33元。確實,我們可以看到分析師們對山東登海種業的前景更爲悲觀,他們對營業收入的估算進行了可觀的下調,並大幅削減了每股收益的估算。

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SZSE:002041 Earnings and Revenue Growth September 2nd 2024
SZSE:002041 2024年9月2日的營業收入和收入增長

It'll come as no surprise then, to learn that the analysts have cut their price target 21% to CN¥9.51.

毫無疑問,分析師們將其目標價下調了21%,至9.51元。

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that sales are expected to reverse, with a forecast 0.7% annualised revenue decline to the end of 2024. That is a notable change from historical growth of 15% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 11% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - ShanDongDenghai SeedsLtd is expected to lag the wider industry.

了解這些預測背後更多的背景信息的一種方法是看看它們與過去的表現以及同行業其他公司的表現相比如何。我們要強調的是,銷售預計將發生逆轉,預計至2024年年底,年化營業收入將下降0.7%。這與過去五年15%的歷史增長相比是一個顯著變化。與我們的數據相比較,同行業其他公司的營業收入預計每年將增長11%。因此,儘管山東登海種業的營業收入預計將收縮,但這片雲朵並沒有銀邊,預計將落後於整個行業。

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 most important thing to take away is that analysts cut their earnings per share estimates, expecting a clear decline in business conditions. Unfortunately analysts also downgraded their revenue estimates, and industry data suggests that ShanDongDenghai SeedsLtd's revenues are expected to grow slower than the wider market. After such a stark change in sentiment from analysts, we'd understand if readers now felt a bit wary of ShanDongDenghai SeedsLtd.

最重要的是,分析師下調了每股收益預測,預計業務狀況將明顯下滑。不幸的是,分析師還下調了收入預測,並且行業數據表明山東登海種業的收入增長預計將低於整個市場。在分析師情緒發生如此明顯的變化之後,如果讀者感到有些謹慎,我們可以理解。

Still, the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple ShanDongDenghai SeedsLtd analysts - going out to 2026, and you can see them free on our platform here.

儘管如此,業務的長期前景比明年的收益更重要。我們有多位山東登海種業的分析師對2026年的預測,您可以免費在我們的平台上查看。

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。

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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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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。

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