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Zhuzhou Times New Material Technology's (SHSE:600458) Profits Appear To Have Quality Issues

Zhuzhou Times New Material Technology's (SHSE:600458) Profits Appear To Have Quality Issues

株洲时代新材料科技(SHSE: 600458)的利润似乎存在质量问题
Simply Wall St ·  04/05 07:15

The market for Zhuzhou Times New Material Technology Co., Ltd.'s (SHSE:600458) stock was strong after it released a healthy earnings report last week. However, we think that shareholders should be cautious as we found some worrying factors underlying the profit.

株洲时代新材料科技有限公司的市场s(上海证券交易所代码:600458)在上周发布了健康的收益报告后,该股表现强劲。但是,我们认为股东应谨慎行事,因为我们发现了利润背后的一些令人担忧的因素。

earnings-and-revenue-history
SHSE:600458 Earnings and Revenue History April 4th 2024
SHSE: 600458 2024 年 4 月 4 日的收益和收入历史记录

The Impact Of Unusual Items On Profit

不寻常物品对利润的影响

Importantly, our data indicates that Zhuzhou Times New Material Technology's profit received a boost of CN¥68m in unusual items, over the last year. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. When we crunched the numbers on thousands of publicly listed companies, we found that a boost from unusual items in a given year is often not repeated the next year. And that's as you'd expect, given these boosts are described as 'unusual'. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is).

重要的是,我们的数据表明,株洲时代新材料科技的不寻常项目利润比去年增加了6800万元人民币。我们不能否认更高的利润通常会让我们感到乐观,但如果利润是可持续的,我们更愿意这样做。当我们计算数千家上市公司的数字时,我们发现,特定年份中不寻常的项目所带来的提振通常不会在第二年重演。这正如你所预料的那样,因为这些增强被描述为 “不寻常”。假设这些不寻常的项目在本年度不会再次出现,因此我们预计明年的利润将疲软(也就是说,在业务没有增长的情况下)。

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.

这可能会让你想知道分析师对未来盈利能力的预测。幸运的是,您可以单击此处查看根据他们的估计描绘未来盈利能力的交互式图表。

Our Take On Zhuzhou Times New Material Technology's Profit Performance

我们对株洲时代新材料科技盈利表现的看法

Arguably, Zhuzhou Times New Material Technology's statutory earnings have been distorted by unusual items boosting profit. Because of this, we think that it may be that Zhuzhou Times New Material Technology's statutory profits are better than its underlying earnings power. Nonetheless, it's still worth noting that its earnings per share have grown at 17% over the last three years. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. If you want to do dive deeper into Zhuzhou Times New Material Technology, you'd also look into what risks it is currently facing. Case in point: We've spotted 3 warning signs for Zhuzhou Times New Material Technology you should be aware of.

可以说,株洲时代新材料科技的法定收益被提高利润的不寻常项目所扭曲。因此,我们认为可能是株洲时代新材料科技的法定利润要好于其基础盈利能力。尽管如此,仍然值得注意的是,其每股收益在过去三年中增长了17%。本文的目标是评估我们在多大程度上可以依靠法定收益来反映公司的潜力,但还有很多需要考虑的地方。如果你想更深入地了解株洲时代新材料科技,你还需要研究它目前面临的风险。一个很好的例子:我们已经发现了你应该注意的株洲时代新材料科技的3个警告信号。

This note has only looked at a single factor that sheds light on the nature of Zhuzhou Times New Material Technology's 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. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks that insiders are buying.

这份报告只研究了阐明株洲时代新材料科技利润性质的单一因素。但是,如果你能够将注意力集中在细节上,总会有更多的事情需要发现。有些人认为高股本回报率是优质业务的好兆头。因此,你可能希望看到这份免费收藏的拥有高股本回报率的公司,或者这份内部人士正在购买的股票清单。

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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.

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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

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