Anhui Guangxin Agrochemical Co., Ltd. (SHSE:603599) Analysts Are More Bearish Than They Used To Be
Anhui Guangxin Agrochemical Co., Ltd. (SHSE:603599) Analysts Are More Bearish Than They Used To Be
The analysts covering Anhui Guangxin Agrochemical Co., Ltd. (SHSE:603599) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this year. Both revenue and earnings per share (EPS) estimates were cut sharply as analysts factored in the latest outlook for the business, concluding that they were too optimistic previously. The stock price has risen 4.1% to CN¥10.56 over the past week. 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.
報道安徽廣信農化股份有限公司(SHSE: 603599)的分析師今天對今年的法定預測進行了實質性修訂,從而向股東傳遞了一定負面情緒。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。過去一週,股價上漲了4.1%,至10.56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 latest downgrade, Anhui Guangxin Agrochemical's twin analysts currently expect revenues in 2024 to be CN¥5.2b, approximately in line with the last 12 months. Statutory earnings per share are forecast to be CN¥1.24, approximately in line with the last 12 months. Previously, the analysts had been modelling revenues of CN¥6.9b and earnings per share (EPS) of CN¥1.69 in 2024. It looks like analyst sentiment has declined substantially, with a pretty serious reduction to revenue estimates and a pretty serious decline to earnings per share numbers as well.
繼最近的降級之後,安徽廣信農化雙分析師目前預計2024年的收入爲52元人民幣,與過去12個月大致持平。預計每股法定收益爲1.24元人民幣,與過去12個月大致持平。此前,分析師一直在模擬2024年的收入爲69元人民幣,每股收益(EPS)爲1.69元人民幣。看來分析師的情緒已大幅下降,收入預期大幅下降,每股收益數字也嚴重下降。
![1724973271181](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240830/43089627-0-159e8dbedd4f7cc57ac0c917765fda5d.webp/bigjpg)
The consensus price target fell 40% to CN¥14.29, with the weaker earnings outlook clearly leading analyst valuation estimates.
共識目標股價下跌40%,至14.29元人民幣,疲軟的盈利前景顯然領先於分析師的估值預期。
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Anhui Guangxin Agrochemical's revenue growth is expected to slow, with the forecast 1.3% annualised growth rate until the end of 2024 being well below the historical 22% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 15% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Anhui Guangxin Agrochemical.
現在從大局來看,我們理解這些預測的方法之一是了解它們與過去的業績和行業增長估計相比如何。我們要強調的是,安徽廣信農化收入增長預計將放緩,預計到2024年底的年化增長率爲1.3%,遠低於過去五年22%的歷史年增長率。相比之下,該行業中其他有分析師報道的公司的收入預計將以每年15%的速度增長。因此,很明顯,儘管收入增長預計將放緩,但整個行業的增長速度預計也將超過安徽廣信農化。
The Bottom Line
底線
The biggest issue in the new estimates is that analysts have reduced their earnings per share estimates, suggesting business headwinds lay ahead for Anhui Guangxin Agrochemical. Regrettably, they also downgraded their revenue estimates, and the latest forecasts imply the business will grow sales 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 Anhui Guangxin Agrochemical.
新估計中最大的問題是,分析師下調了每股收益預期,這表明安徽廣信農化面臨業務不利因素。遺憾的是,他們還下調了收入預期,最新的預測表明該業務的銷售增長將慢於整個市場。在分析師的觀點發生了如此明顯的變化之後,我們可以理解讀者現在是否對安徽廣信農化感到有些警惕。
That said, the analysts might have good reason to be negative on Anhui Guangxin Agrochemical, given concerns around earnings quality. Learn more, and discover the 1 other warning sign we've identified, for free on our platform here.
儘管如此,鑑於對收益質量的擔憂,分析師可能有充分的理由對安徽廣信農化持負面看法。在我們的平台上免費了解更多,並發現我們已經確定的另外一個警告標誌。
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.
尋找可能達到轉折點的有趣公司的另一種方法是跟蹤管理層是買入還是賣出,我們的免費成長型公司名單由內部人士支持。
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?對內容感到擔憂嗎?請直接聯繫我們。或者,也可以發送電子郵件至編輯團隊 (at) simplywallst.com。
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。