-
市场
-
产品
-
资讯
-
Moo社区
-
课堂
-
查看更多
-
功能介绍
-
费用费用透明,无最低余额限制
投资选择、功能介绍、费用相关信息由Moomoo Financial Inc.提供
- English
- 中文繁體
- 中文简体
- 深色
- 浅色
Statutory Earnings May Not Be The Best Way To Understand Gold Peak Technology Group's (HKG:40) True Position
Statutory Earnings May Not Be The Best Way To Understand Gold Peak Technology Group's (HKG:40) True Position
We didn't see Gold Peak Technology Group Limited's (HKG:40) stock surge when it reported robust earnings recently. We think that investors might be worried about the foundations the earnings are built on.
Check out our latest analysis for Gold Peak Technology Group
SEHK:40 Earnings and Revenue History August 4th 2022In order to understand the potential for per share returns, it is essential to consider how much a company is diluting shareholders. In fact, Gold Peak Technology Group increased the number of shares on issue by 17% over the last twelve months by issuing new shares. Therefore, each share now receives a smaller portion of profit. Per share metrics like EPS help us understand how much actual shareholders are benefitting from the company's profits, while the net income level gives us a better view of the company's absolute size. You can see a chart of Gold Peak Technology Group's EPS by clicking here.
How Is Dilution Impacting Gold Peak Technology Group's Earnings Per Share (EPS)?
Gold Peak Technology Group has improved its profit over the last three years, with an annualized gain of 138% in that time. And at a glance the 28% gain in profit over the last year impresses. But in comparison, EPS only increased by 27% over the same period. And so, you can see quite clearly that dilution is influencing shareholder earnings.
Changes in the share price do tend to reflect changes in earnings per share, in the long run. So it will certainly be a positive for shareholders if Gold Peak Technology Group can grow EPS persistently. But on the other hand, we'd be far less excited to learn profit (but not EPS) was improving. For that reason, you could say that EPS is more important that net income in the long run, assuming the goal is to assess whether a company's share price might grow.
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Gold Peak Technology Group.
How Do Unusual Items Influence Profit?
Finally, we should also consider the fact that unusual items boosted Gold Peak Technology Group's net profit by HK$14m 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. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. And, after all, that's exactly what the accounting terminology implies. Gold Peak Technology Group had a rather significant contribution from unusual items relative to its profit to March 2022. All else being equal, this would likely have the effect of making the statutory profit a poor guide to underlying earnings power.
Our Take On Gold Peak Technology Group's Profit Performance
In its last report Gold Peak Technology Group benefitted from unusual items which boosted its profit, which could make the profit seem better than it really is on a sustainable basis. And furthermore, it went and issued plenty of new shares, ensuring that each shareholder (who did not tip more money in) now owns a smaller proportion of the company. For the reasons mentioned above, we think that a perfunctory glance at Gold Peak Technology Group's statutory profits might make it look better than it really is on an underlying level. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. To help with this, we've discovered 3 warning signs (1 is concerning!) that you ought to be aware of before buying any shares in Gold Peak Technology Group.
In this article we've looked at a number of factors that can impair the utility of profit numbers, and we've come away cautious. 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. 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.
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.
我们没有看到金顶科技集团有限公司(HKG:40)该公司最近公布强劲收益后,股价飙升。我们认为,投资者可能担心盈利的基础。
查看我们对Gold Peak Technology Group的最新分析
联交所:40盈利及收入历史2022年8月4日为了理解每股回报的潜力,考虑一家公司稀释股东的程度是至关重要的。事实上,金顶科技集团通过发行新股,在过去12个月中将发行的股票数量增加了17%。因此,每股现在获得的利润份额较小。每股收益等指标帮助我们了解实际股东从公司利润中受益的程度,而净收益水平则让我们更好地了解公司的绝对规模。点击此处可以看到金峰科技集团每股收益图表。
稀释对金峰科技集团的每股收益(EPS)有何影响?
过去三年,Gold Peak Technology Group的利润有所提高,同期年化收益为138%。乍一看,去年28%的利润增长令人印象深刻。但相比之下,同期EPS仅增加了27%。因此,你可以非常清楚地看到,稀释正在影响股东收益。
从长远来看,股价的变化确实倾向于反映每股收益的变化。因此,如果金峰科技集团能够持续增长每股收益,对股东来说肯定是一个利好。但另一方面,当我们得知利润(但不是每股收益)改善时,我们就不会那么兴奋了。出于这个原因,你可以说,从长远来看,每股收益比净利润更重要,假设目标是评估一家公司的股价是否可能增长。
注:我们总是建议投资者检查资产负债表的实力。点击此处查看我们对金顶科技集团的资产负债表分析。
不寻常的项目如何影响利润?
最后,我们还应该考虑这样一个事实,即不寻常的物品使Gold Peak Technology Group去年的净利润增加了1400万港元。我们不能否认,更高的利润通常会让我们保持乐观,但如果利润是可持续的,我们更愿意这样做。我们对全球大多数上市公司进行了统计,不寻常的项目在性质上是一次性的,这是非常常见的。毕竟,这正是会计术语所暗示的。相对于截至2022年3月的利润,金峰科技集团(Gold Peak Technology Group)的异常项目做出了相当大的贡献。在其他条件不变的情况下,这可能会使法定利润成为衡量潜在盈利能力的糟糕指标。
我们对金峰科技集团盈利表现的看法
在其上一份报告中,Gold Peak Technology Group受益于不寻常的项目,这些项目提高了其利润,这可能会使利润看起来比可持续基础上的实际情况更好。此外,它还发行了大量新股,确保每个股东(没有投入更多资金)现在拥有的公司股份比例更小。基于上述原因,我们认为,敷衍地看一眼金顶科技集团的法定利润,可能会让它看起来比实际情况更好。因此,如果你想更深入地研究这只股票,考虑它面临的任何风险是至关重要的。为了帮助解决这个问题,我们发现3个警示标志(1是关于!)在购买Gold Peak Technology Group的任何股票之前,你应该意识到这一点。
在这篇文章中,我们研究了一些可能削弱利润数字效用的因素,我们对此持谨慎态度。但如果你有能力将注意力集中在细枝末节上,总会有更多的东西需要发现。例如,许多人认为高股本回报率是有利的商业经济指标,而另一些人则喜欢“跟着钱走”,寻找内部人士正在买入的股票。所以你可能想看看这个免费拥有高股本回报率的公司的集合,或内部人士正在购买的这份股票清单。
对这篇文章有什么反馈吗?担心内容吗? 保持联系直接与我们联系。或者,也可以给编辑组发电子邮件,地址是implywallst.com。
本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。
moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
风险及免责提示
moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用浏览器的分享功能,分享给你的好友吧