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We Think You Should Be Aware Of Some Concerning Factors In CMS Energy's (NYSE:CMS) Earnings

We Think You Should Be Aware Of Some Concerning Factors In CMS Energy's (NYSE:CMS) Earnings

我們認爲您應該了解cms能源(紐交所:cms)盈利中的一些令人擔憂的因素
Simply Wall St ·  11/08 18:19

CMS Energy Corporation's (NYSE:CMS) healthy profit numbers didn't contain any surprises for investors. However the statutory profit number doesn't tell the whole story, and we have found some factors which might be of concern to shareholders.

康哲藥業公司(紐交所: CMS)健康的利潤數字並沒有給投資者帶來任何驚喜。然而,法定利潤數字並不能講述整個故事,我們發現了一些可能令股東關注的因素。

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NYSE:CMS Earnings and Revenue History November 8th 2024
紐交所:CMS 盈利和營業收入歷史 2024年11月8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。

To properly understand CMS Energy's profit results, we need to consider the US$131m gain attributed to unusual items. 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, after all, that's exactly what the accounting terminology implies. If CMS Energy doesn't see that contribution repeat, then all else being equal we'd expect its profit to drop over the current year.

要正確理解cms能源的利潤結果,我們需要考慮歸因於飛凡項目的13100萬美元收益。我們不得不承認,更高的利潤通常讓我們感到樂觀,但我們更希望利潤能持續。當我們對成千上萬家上市公司的數據進行分析時,我們發現某一年度來自於異常項目的提振通常在下一年不會重複出現。而且,這正是會計術語所暗示的。如果cms能源沒有看到這種貢獻的重複,那麼其他一切相同的情況下,我們預計其利潤在當年會下降。

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 CMS Energy's Profit Performance

我們對cms能源的利潤表現的看法

We'd posit that CMS Energy's statutory earnings aren't a clean read on ongoing productivity, due to the large unusual item. Because of this, we think that it may be that CMS Energy's statutory profits are better than its underlying earnings power. But at least holders can take some solace from the 32% per annum growth in EPS for the last three. 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. If you want to do dive deeper into CMS Energy, you'd also look into what risks it is currently facing. To help with this, we've discovered 3 warning signs (1 can't be ignored!) that you ought to be aware of before buying any shares in CMS Energy.

我們認爲cms能源的法定收益並非對正在進行的生產力情況的清晰說明,因爲有大量的飛凡項目。因此,我們認爲cms能源的法定利潤可能優於其潛在收益能力。但至少持有人可以從過去三年eps每股收益每年增長32%中獲得一些安慰。歸根結底,如果您想正確了解該公司,必須考慮更多因素而不僅僅是上述因素。如果您想深入了解cms能源,還需要研究目前正面臨的風險。爲了幫助您,我們發現了3個警示信號(其中有1個不能被忽視!)在購買cms能源的股票之前您應該意識到這些。

This note has only looked at a single factor that sheds light on the nature of CMS Energy'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. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership.

這個說明僅關注了揭示cms能源利潤性質的一個因素。但還有很多其他方法來了解一個公司。一些人認爲高淨資產回報率是一個優質企業的良好跡象。因此,您可能希望查看這個免費的企業集合中的高淨資產回報率的公司,或者這個高內部持股的股票清單。

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?請直接與我們聯繫。或者,發送電子郵件至editorial-team @ simplywallst.com。
Simply Wall St的這篇文章是一般性質的。我們僅基於歷史數據和分析師預測提供評論,使用公正的方法,我們的文章並非意在提供財務建議。這並不構成買入或賣出任何股票的建議,並且不考慮您的目標或財務狀況。我們旨在爲您帶來基於基礎數據驅動的長期聚焦分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St對提及的任何股票都沒有持倉。

譯文內容由第三人軟體翻譯。


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