Yechiu Metal Recycling (China)'s (SHSE:601388) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Yechiu Metal Recycling (China)'s (SHSE:601388) Sluggish Earnings Might Be Just The Beginning Of Its Problems
A lackluster earnings announcement from Yechiu Metal Recycling (China) Ltd. (SHSE:601388) last week didn't sink the stock price. However, we believe that investors should be aware of some underlying factors which may be of concern.
野球金屬回收(中國)有限公司(SHSE: 601388)上週發佈的乏善可陳的業績並沒有使股價下跌。但是,我們認爲,投資者應注意一些可能令人擔憂的潛在因素。
View our latest analysis for Yechiu Metal Recycling (China)
查看我們對野洲金屬回收(中國)的最新分析
![earnings-and-revenue-history](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231104/0-455e6f83809abceab876979b09f8c6d3-0-9370e4ba56b3757eca816aa405c50cb0.png/big)
The Impact Of Unusual Items On Profit
不尋常物品對利潤的影響
Importantly, our data indicates that Yechiu Metal Recycling (China)'s profit received a boost of CN¥24m 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. When we crunched the numbers on thousands of publicly listed companies, we found that a boost from unusual items in a given year is often not repeated the next year. And, after all, that's exactly what the accounting terminology implies. If Yechiu Metal Recycling (China) 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,我們的數據表明,去年Yechiu Metal Recycling(中國)的稀有物品利潤增加了2400萬元人民幣。雖然我們希望看到利潤增加,但當不尋常的物品做出重大貢獻時,我們往往會更加謹慎一些。當我們計算數千家上市公司的數字時,我們發現,特定年份中不尋常的項目所帶來的提振通常不會在第二年重演。而且,畢竟,這正是會計術語的含義。如果Yechiu Metal Recycling(中國)認爲這種貢獻不會重演,那麼在其他條件相同的情況下,我們預計其利潤將在本年度下降。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Yechiu Metal Recycling (China).
注意:我們始終建議投資者檢查資產負債表的實力。點擊此處查看我們對Yechiu Metal Recycling(中國)的資產負債表分析。
Our Take On Yechiu Metal Recycling (China)'s Profit Performance
我們對怡秋金屬回收(中國)盈利表現的看法
We'd posit that Yechiu Metal Recycling (China)'s statutory earnings aren't a clean read on ongoing productivity, due to the large unusual item. Therefore, it seems possible to us that Yechiu Metal Recycling (China)'s true underlying earnings power is actually less than its statutory profit. Sadly, its EPS was down over the last twelve months. 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. If you'd like to know more about Yechiu Metal Recycling (China) as a business, it's important to be aware of any risks it's facing. In terms of investment risks, we've identified 2 warning signs with Yechiu Metal Recycling (China), and understanding these should be part of your investment process.
我們認爲,Yechiu Metal Recycling(中國)的法定收入並不能清楚地反映出持續的生產力,這是因爲這筆不尋常的項目很大。因此,在我們看來,Yechiu Metal Recycling(中國)的真正潛在盈利能力實際上可能低於其法定利潤。不幸的是,在過去的十二個月中,其每股收益有所下降。當然,在分析其收益時,我們才剛剛浮出水面;人們還可以考慮利潤率、預測增長和投資回報率等因素。如果您想進一步了解Yechiu Metal Recycling(中國)作爲一家企業,請務必意識到其面臨的任何風險。在投資風險方面,我們已經確定了Yechiu Metal Recycling(中國)的兩個警告信號,了解這些應該是您投資過程的一部分。
Today we've zoomed in on a single data point to better understand the nature of Yechiu Metal Recycling (China)'s 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. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks that insiders are buying.
今天,我們放大了一個數據點,以更好地了解Yechiu Metal Recycling(中國)利潤的性質。但是,如果你能夠將注意力集中在細節上,總會有更多值得發現的地方。例如,許多人認爲高股本回報率表明商業經濟狀況良好,而另一些人則喜歡 “追隨資金”,尋找內部人士正在購買的股票。因此,你可能希望看到這批擁有高股本回報率的免費公司,或者這份內部人士正在購買的股票清單。
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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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Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。