SHS Holdings Ltd. (SGX:566) just reported healthy earnings but the stock price didn't move much. We think that investors have missed some encouraging factors underlying the profit figures.
View our latest analysis for SHS Holdings
![earnings-and-revenue-history](https://newsfile.futunn.com/pic/0-18452033-0-e2b0655c74f9e2bd26792cc6e39877b7.png/big)
SGX:566 Earnings and Revenue History August 12th 2022
The Impact Of Unusual Items On Profit
To properly understand SHS Holdings' profit results, we need to consider the S$1.9m expense attributed to unusual items. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. SHS Holdings took a rather significant hit from unusual items in the year to June 2022. As a result, we can surmise that the unusual items made its statutory profit significantly weaker than it would otherwise be.
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of SHS Holdings.
Our Take On SHS Holdings' Profit Performance
As we mentioned previously, the SHS Holdings' profit was hampered by unusual items in the last year. Because of this, we think SHS Holdings' underlying earnings potential is as good as, or possibly even better, than the statutory profit makes it seem! And one can definitely find a positive in the fact that it made a profit this year, despite losing money last year. 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. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. Every company has risks, and we've spotted 3 warning signs for SHS Holdings you should know about.
This note has only looked at a single factor that sheds light on the nature of SHS Holdings' 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. 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.
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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.
SHS 集團有限公司 (新加坡交易所:566)剛剛報告了健康的盈利,但股票價格並沒有太大走勢。我們認為投資者錯過了利潤數字的一些令人鼓舞的因素。
查看我們有關 SHS 控股的最新分析
![earnings-and-revenue-history](https://newsfile.futunn.com/pic/0-18452033-0-e2b0655c74f9e2bd26792cc6e39877b7.png/big)
新加坡時間:566 年 8 月 12 日收益和收入歷史記錄
不尋常的項目對利潤的影響
為了正確了解 SHS 控股的盈利結果,我們需要考慮歸因於不尋常項目的 1.9 億新元費用。雖然由於不尋常的項目扣除首先令人失望,但有一個銀色襯裡。當我們對全球絕大多數上市公司進行分析時,我們發現大多數不尋常的項目通常不會重複出現。而且,畢竟,這正是會計術語意味著什麼。在截至 2022 年 6 月,SHS 控股從不尋常項目中受到了相當重大的打擊。因此,我們可以推測,這些不尋常的項目使其法定利潤比其他方面明顯減弱。
注意: 我們始終建議投資者檢查資產負債表強度。點擊這裡查看我們對 SHS 控股的資產負債表分析。
我們對 SHS 控股利潤表現的看法
正如我們之前提到的,在去年,SHS 控股的利潤受到不尋常項目的阻礙。因此,我們認為 SHS Holdings 的潛在盈利潛力與法定利潤看起來一樣好,甚至可能更好!人們絕對可以找到一個積極的事實,即它今年賺了利潤,儘管去年虧錢。在一天結束時,如果您想正確了解公司,那麼不僅要考慮上述因素,這是必不可少的。請記住,在分析股票時,值得注意所涉及的風險。每家公司都有風險,我們發現了 三個警告標誌:SHS 集團 你應該知道
本說明僅研究了一個單一因素,該因素揭示了 SHS 控股的利潤性質。但總是有更多的發現,如果你有能力把你的思想集中在分鐘.有些人認為高股權回報是優質業務的好兆頭。雖然可能需要代表您進行一些研究,但您可能會發現這一點 自由 集合擁有高股權回報率的公司,或者內部人士正在購買的股票這個名單是有用的。
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這篇文章由簡單牆聖是一般性質. 我們僅使用公正的方法,根據歷史數據和分析師預測提供評論,我們的文章並不打算作為財務建議。 它並不構成購買或出售任何股票的建議,也不會考慮您的目標或您的財務狀況。我們的目標是為您帶來由基本數據驅動的長期集中分析。請注意,我們的分析可能不會考慮最新的價格敏感公司公告或定性材料。簡易華街在提及的任何股票中都沒有倉位。