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SIA Engineering's (SGX:S59) Solid Earnings Are Supported By Other Strong Factors

SIA Engineering's (SGX:S59) Solid Earnings Are Supported By Other Strong Factors

SIA Engineering(新加坡證券交易所股票代碼:S59)的穩健收益受到其他強勁因素的支持
Simply Wall St ·  05/21 09:52

Even though SIA Engineering Company Limited's (SGX:S59) recent earnings release was robust, the market didn't seem to notice. Our analysis suggests that investors might be missing some promising details.

儘管新航工程有限公司(SGX:S59)最近的盈利報告表現強勁,市場似乎未能注意到。我們的分析表明,投資者可能會錯過一些有前途的細節。

earnings-and-revenue-history
SGX:S59 Earnings and Revenue History May 21st 2024
SGX:S59 收益和營收歷史 2024年5月21日

The Impact Of Unusual Items On Profit

除了稀釋之外,還應該注意的是,萬集科技在過去12個月中因不尋常項目獲得了價值人民幣3.5萬元的利潤。雖然我們希望看到利潤增加,但當這些不尋常項目對利潤做出重大貢獻時,我們會更加謹慎。我們對全球大部分上市公司的數據進行了分析,發現不尋常項目往往是一次性的。這正如我們所期望的那樣,因爲這些提升被描述爲"不尋常"。相對於其利潤而言,萬集科技在2021年12月前的不尋常項目貢獻大。因此,我們可以推斷出,這些不尋常項目正在使其財務利潤顯著增強。

For anyone who wants to understand SIA Engineering's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit was reduced by S$24m due to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And, after all, that's exactly what the accounting terminology implies. SIA Engineering took a rather significant hit from unusual items in the year to March 2024. All else being equal, this would likely have the effect of making the statutory profit look worse than its underlying earnings power.

對於任何想了解新航工程公司超越法定數字的利潤的人來說,重要的是要注意,在過去的十二個月中,由於不尋常的項目,法定利潤減少了2400萬新元。看到不尋常的項目損失公司利潤從未是一件好事,但好的消息是,事情可能很快會得到改善。我們研究了數千家上市公司,並發現非尋常項目往往是一次性的。畢竟,這正是會計術語所暗示的。在截至2024年3月的一年中,新航工程從非尋常項目中受到了相當大的打擊。其他因素相等的情況下,這可能會使法定盈利看起來比其潛在盈利能力更糟糕。

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.

這可能會讓您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基於其估計的未來盈利能力的互動圖表。

Our Take On SIA Engineering's Profit Performance

我們對新航工程的利潤表現的看法

As we mentioned previously, the SIA Engineering's profit was hampered by unusual items in the last year. Because of this, we think SIA Engineering's underlying earnings potential is as good as, or possibly even better, than the statutory profit makes it seem! And on top of that, its earnings per share increased by 46% in the last year. 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. Obviously, we love to consider the historical data to inform our opinion of a company. But it can be really valuable to consider what other analysts are forecasting. At Simply Wall St, we have analyst estimates which you can view by clicking here.

正如我們先前提到的,新航工程的利潤在去年受到了非尋常項目的阻礙。因此,我們認爲新航工程的潛在盈利能力與法定利潤看起來一樣好,甚至可能更好!此外,其每股收益在去年增長了46%。當然,對於分析其收益,我們只是觸及到表面,還可以考慮利潤率,預測增長和投資回報率等其他因素。顯然,我們非常喜歡考慮歷史數據來影響我們對公司的看法。但是,如果能夠集中精力研究細節,了解其他分析師的預測結果也可能非常有價值。在Simply Wall St,我們有分析師的預測,您可以通過單擊此處查看。

This note has only looked at a single factor that sheds light on the nature of SIA Engineering'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. 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 with significant insider holdings to be useful.

這篇評論僅涵蓋了揭示新航工程利潤性質的一個因素。但如果您能夠專注於細節,還有更多發現可供挖掘。例如,許多人認爲高股本回報率是有利可圖的企業經濟的指標,而其他人則喜歡“跟着錢走”並尋找內部人員正在購買的股票。雖然您可能需要一些研究,但您可能會發現這個免費的高股本回報率公司收藏夾或具有重要內部持股的股票清單很有用。

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.

對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。

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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