Changzhou Galaxy Century MicroelectronicsLtd's (SHSE:688689) Anemic Earnings Might Be Worse Than You Think
Changzhou Galaxy Century MicroelectronicsLtd's (SHSE:688689) Anemic Earnings Might Be Worse Than You Think
Changzhou Galaxy Century Microelectronics Co.,Ltd.'s (SHSE:688689) stock showed strength, with investors undeterred by its weak earnings report. Sometimes, shareholders are willing to ignore soft numbers with the hope that they will improve, but our analysis suggests this is unlikely for Changzhou Galaxy Century MicroelectronicsLtd.
常州银河世纪微电子有限公司, Ltd. 's(SHSE: 688689)的股票表现强劲,投资者并未被其疲软的收益报告吓倒。有时,股东愿意忽视软数字,希望这些数字能有所改善,但我们的分析表明,对于常州银河世纪微电子而言,这不太可能。
![earnings-and-revenue-history](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240507/0-9c2a5b305119176d923756bd25732e06-0-a6315090cb68c5ab778accb3bdec61f9.png/big)
How Do Unusual Items Influence Profit?
不寻常的物品如何影响利润?
To properly understand Changzhou Galaxy Century MicroelectronicsLtd's profit results, we need to consider the CN¥34m gain attributed to unusual items. 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 analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And that's as you'd expect, given these boosts are described as 'unusual'. We can see that Changzhou Galaxy Century MicroelectronicsLtd's positive unusual items were quite significant relative to its profit in the year to March 2024. All else being equal, this would likely have the effect of making the statutory profit a poor guide to underlying earnings power.
为了正确了解常州银河世纪微电子股份有限公司的利润业绩,我们需要考虑来自不寻常项目的3400万元人民币的收益。虽然我们希望看到利润增加,但当不寻常的物品做出重大贡献时,我们往往会更加谨慎一些。当我们分析全球绝大多数上市公司时,我们发现重大不寻常的事项往往不会重演。这正如你所预料的那样,因为这些增强被描述为 “不寻常”。我们可以看到,相对于截至2024年3月的一年中,常州银河世纪微电子股份有限公司的正面不寻常项目与其利润相比相当可观。在其他条件相同的情况下,这可能会使法定利润成为衡量潜在盈利能力的不良指导。
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Changzhou Galaxy Century MicroelectronicsLtd.
注意:我们始终建议投资者检查资产负债表的实力。点击此处查看我们对常州银河世纪微电子有限公司的资产负债表分析
Our Take On Changzhou Galaxy Century MicroelectronicsLtd's Profit Performance
我们对常州银河世纪微电子有限公司盈利表现的看法
As previously mentioned, Changzhou Galaxy Century MicroelectronicsLtd's large boost from unusual items won't be there indefinitely, so its statutory earnings are probably a poor guide to its underlying profitability. As a result, we think it may well be the case that Changzhou Galaxy Century MicroelectronicsLtd's underlying earnings power is lower than its statutory profit. Sadly, its EPS was down over the last twelve months. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. To help with this, we've discovered 4 warning signs (1 is concerning!) that you ought to be aware of before buying any shares in Changzhou Galaxy Century MicroelectronicsLtd.
如前所述,常州银河世纪微电子股份有限公司不会无限期地从不寻常项目中获得巨额提振,因此其法定收益可能无法指导其潜在盈利能力。因此,我们认为常州银河世纪微电子有限公司的潜在盈利能力很可能低于其法定利润。不幸的是,在过去的十二个月中,其每股收益有所下降。归根结底,如果你想正确地了解公司,必须考虑的不仅仅是上述因素。有鉴于此,如果你想对公司进行更多分析,了解所涉及的风险至关重要。为了帮助解决这个问题,我们发现了 4 个警告信号(1 个令人担忧!)在购买常州银河世纪微电子股份有限公司的任何股票之前,你应该注意这一点
This note has only looked at a single factor that sheds light on the nature of Changzhou Galaxy Century MicroelectronicsLtd'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. 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.
这份报告只研究了揭示常州银河世纪微电子有限公司利润性质的单一因素。但是,如果你能够将注意力集中在细节上,总会有更多的事情需要发现。有些人认为高股本回报率是优质业务的好兆头。因此,你可能希望看到这份免费收藏的拥有高股本回报率的公司,或者这份内部人士正在购买的股票清单。
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.
对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。