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Guanghui LogisticsLtd's (SHSE:600603) Shareholders Have More To Worry About Than Only Soft Earnings

Guanghui LogisticsLtd's (SHSE:600603) Shareholders Have More To Worry About Than Only Soft Earnings

光輝物流有限公司(上海證券交易所代碼:600603)的股東需要擔心的不僅僅是軟收益
Simply Wall St ·  05/09 06:42

Guanghui Logistics Co.Ltd's (SHSE:600603) recent weak earnings report didn't cause a big stock movement. However, we believe that investors should be aware of some underlying factors which may be of concern.

廣匯物流有限公司(上海證券交易所股票代碼:600603)最近疲軟的收益報告並未導致股市大幅波動。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。

earnings-and-revenue-history
SHSE:600603 Earnings and Revenue History May 8th 2024
SHSE: 600603 收益和收入歷史記錄 2024 年 5 月 8 日

To understand the value of a company's earnings growth, it is imperative to consider any dilution of shareholders' interests. In fact, Guanghui LogisticsLtd increased the number of shares on issue by 33% over the last twelve months by issuing new shares. Therefore, each share now receives a smaller portion of profit. To celebrate net income while ignoring dilution is like rejoicing because you have a single slice of a larger pizza, but ignoring the fact that the pizza is now cut into many more slices. Check out Guanghui LogisticsLtd's historical EPS growth by clicking on this link.

要了解公司收益增長的價值,必須考慮削弱股東的利益。實際上,光輝物流有限公司通過發行新股,在過去十二個月中將已發行股票數量增加了33%。因此,每股現在獲得的利潤比例較小。在慶祝淨收入的同時忽略稀釋就像歡欣鼓舞,因爲你只有一片更大的披薩,但卻忽略了披薩現在被切成更多片的事實。點擊此鏈接,查看廣匯物流有限公司的歷史每股收益增長。

A Look At The Impact Of Guanghui LogisticsLtd's Dilution On Its Earnings Per Share (EPS)

看看廣匯物流有限公司的稀釋對其每股收益(EPS)的影響

Guanghui LogisticsLtd's net profit dropped by 26% per year over the last three years. Even looking at the last year, profit was still down 5.2%. Sadly, earnings per share fell further, down a full 3.8% in that time. And so, you can see quite clearly that dilution is having a rather significant impact on shareholders.

在過去三年中,光輝物流有限公司的淨利潤每年下降26%。即使從去年來看,利潤仍下降了5.2%。可悲的是,收入 每股 進一步下跌,當時下跌了整整3.8%。因此,你可以清楚地看到,稀釋對股東產生了相當大的影響。

In the long term, if Guanghui LogisticsLtd's earnings per share can increase, then the share price should too. But on the other hand, we'd be far less excited to learn profit (but not EPS) was improving. For the ordinary retail shareholder, EPS is a great measure to check your hypothetical "share" of the company's profit.

從長遠來看,如果廣匯物流有限公司的收益 每股 可以上漲,那麼股價也應該上漲。但另一方面,得知利潤(但不是每股收益)在改善,我們就不那麼興奮了。對於普通零售股東來說,每股收益是檢查您假設的公司利潤 “份額” 的好方法。

That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.

這可能會讓你想知道分析師對未來盈利能力的預測。幸運的是,您可以單擊此處查看根據他們的估計描繪未來盈利能力的交互式圖表。

Our Take On Guanghui LogisticsLtd's Profit Performance

我們對廣匯物流有限公司盈利表現的看法

Over the last year Guanghui LogisticsLtd issued new shares and so, there's a noteworthy divergence between EPS and net income growth. For this reason, we think that Guanghui LogisticsLtd's statutory profits may be a bad guide to its underlying earnings power, and might give investors an overly positive impression of the company. 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 Guanghui LogisticsLtd as a business, it's important to be aware of any risks it's facing. Be aware that Guanghui LogisticsLtd is showing 2 warning signs in our investment analysis and 1 of those is a bit concerning...

在過去的一年中,廣匯物流有限公司發行了新股,因此,每股收益和淨收入增長之間存在明顯的差異。出於這個原因,我們認爲廣匯物流有限公司的法定利潤可能不利於其潛在盈利能力,並可能給投資者留下過於積極的印象。不幸的是,在過去的十二個月中,其每股收益有所下降。當然,我們只是在分析其收益時才浮出水面;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廣匯物流有限公司作爲一家企業,請務必了解其面臨的任何風險。請注意,廣匯物流有限公司在我們的投資分析中顯示了兩個警告信號,其中一個有點令人擔憂...

Today we've zoomed in on a single data point to better understand the nature of Guanghui LogisticsLtd's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks that insiders are buying to be useful.

今天,我們放大了單個數據點,以更好地了解廣匯物流有限公司利潤的性質。但是,還有很多其他方法可以讓你對公司的看法。有些人認爲高股本回報率是優質業務的好兆頭。雖然可能需要你進行一些研究,但你可能會發現這份免費收集的擁有高股本回報率的公司,或者這份內部人士正在購買的股票清單很有用。

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。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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