News Flash: 8 Analysts Think Ming Yang Smart Energy Group Limited (SHSE:601615) Earnings Are Under Threat
News Flash: 8 Analysts Think Ming Yang Smart Energy Group Limited (SHSE:601615) Earnings Are Under Threat
The latest analyst coverage could presage a bad day for Ming Yang Smart Energy Group Limited (SHSE:601615), 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¥10.65, shares are up 8.6% in the past 7 days. Investors could be forgiven for changing their mind on the business following the downgrade; but it's not clear if the revised forecasts will lead to selling activity.
分析師的最新報道可能預示着明陽智慧能源集團有限公司(SHSE: 601615)將迎來糟糕的一天,分析師全面下調法定估計,這可能會讓股東感到震驚。由於分析師將最新的業務前景考慮在內,得出結論,他們此前過於樂觀,因此收入和每股收益(EPS)的預期均大幅下調。股價在過去7天中上漲了8.6%,至10.65元人民幣。投資者在降級後改變對業務的看法是可以原諒的;但目前尚不清楚修訂後的預測是否會導致拋售活動。
Following the downgrade, the current consensus from Ming Yang Smart Energy Group's eight analysts is for revenues of CN¥43b in 2024 which - if met - would reflect a huge 43% increase on its sales over the past 12 months. Statutory earnings per share are presumed to bounce 181% to CN¥1.18. Prior to this update, the analysts had been forecasting revenues of CN¥49b and earnings per share (EPS) of CN¥1.62 in 2024. Indeed, we can see that the analysts are a lot more bearish about Ming Yang Smart Energy Group's prospects, administering a measurable cut to revenue estimates and slashing their EPS estimates to boot.
降級之後,明陽智慧能源集團的八位分析師目前的共識是,2024年的收入爲430億元人民幣,如果降級的話,將反映出其在過去12個月中銷售額的43%大幅增長。據推測,每股法定收益將反彈181%,至1.18元人民幣。在本次更新之前,分析師一直預測2024年的收入爲490億元人民幣,每股收益(EPS)爲1.62元人民幣。事實上,我們可以看出,分析師對明陽智慧能源集團的前景更加悲觀,他們大幅削減了收入預期,並下調了每股收益預期。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240512/0-befe7f8fe8ea633207a7dfc6a879e8f3-0-76e00e91427d7da75d60d3ceccb32d6f.png/big)
The consensus price target fell 5.3% to CN¥16.23, with the weaker earnings outlook clearly leading analyst valuation estimates.
共識目標股價下跌5.3%,至16.23元人民幣,疲軟的盈利前景顯然領先於分析師的估值預期。
Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that Ming Yang Smart Energy Group's rate of growth is expected to accelerate meaningfully, with the forecast 62% annualised revenue growth to the end of 2024 noticeably faster than its historical growth of 22% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 17% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Ming Yang Smart Energy Group is expected to grow much faster than its industry.
當然,看待這些預測的另一種方法是將它們與行業本身聯繫起來。從最新估計中可以明顯看出,明陽智慧能源集團的增長率預計將大幅加快,預計到2024年底的年化收入增長率爲62%,將明顯快於其過去五年中22%的歷史年增長率。相比之下,同行業的其他公司預計收入每年將增長17%。考慮到收入增長的預測,很明顯,明陽智慧能源集團的增長速度預計將比其行業快得多。
The Bottom Line
底線
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, although our data indicates revenues are expected to perform better than the wider market. With a serious cut to this year's expectations and a falling price target, we wouldn't be surprised if investors were becoming wary of Ming Yang Smart Energy Group.
要了解的最重要的一點是,分析師下調了每股收益預期,預計業務狀況將明顯下降。不幸的是,分析師也下調了收入預期,儘管我們的數據顯示收入表現預計將好於整個市場。隨着今年的預期大幅下調和目標股價的下降,如果投資者對明陽智慧能源集團保持警惕,我們也不會感到驚訝。
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Ming Yang Smart Energy Group going out to 2026, and you can see them free on our platform here.
話雖如此,公司收益的長期軌跡比明年重要得多。在Simply Wall St,我們有分析師對明陽智慧能源集團到2026年的全方位估計,你可以在我們的平台上免費看到這些估計。
Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks that insiders are buying.
當然,看到公司管理層將大量資金投資於股票與了解分析師是否在下調預期一樣有用。因此,您可能還希望搜索這份內部人士正在購買的免費股票清單。
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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
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。