The subdued market reaction suggests that Baguio Green Group Limited's (HKG:1397) recent earnings didn't contain any surprises. However, we believe that investors should be aware of some underlying factors which may be of concern.
See our latest analysis for Baguio Green Group
SEHK:1397 Earnings and Revenue History September 6th 2022
The Impact Of Unusual Items On Profit
To properly understand Baguio Green Group's profit results, we need to consider the HK$15m gain attributed to unusual items. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. Which is hardly surprising, given the name. We can see that Baguio Green Group's positive unusual items were quite significant relative to its profit in the year to June 2022. As a result, we can surmise that the unusual items are making its statutory profit significantly stronger 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 Baguio Green Group.
Our Take On Baguio Green Group's Profit Performance
As previously mentioned, Baguio Green Group's large boost from unusual items won't be there indefinitely, so its statutory earnings are probably a poor guide to its underlying profitability. For this reason, we think that Baguio Green Group's statutory profits may be a bad guide to its underlying earnings power, and might give investors an overly positive impression of the company. Sadly, its EPS was down over the last twelve months. 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. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. For example, we've discovered 3 warning signs that you should run your eye over to get a better picture of Baguio Green Group.
This note has only looked at a single factor that sheds light on the nature of Baguio Green Group'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. 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.
低迷的市场反应表明碧桂绿集团有限公司(HKG:1397)最近的收益不包含任何意外。然而,我们认为投资者应该意识到一些可能令人担忧的潜在因素。
查看我们对碧桂绿集团的最新分析
联交所:1397盈利及收入历史2022年9月6日
异常项目对利润的影响
要正确理解碧桂绿集团的盈利业绩,我们需要考虑归因于不寻常项目的1500万港元收益。虽然有更高的利润总是好事,但不寻常的东西带来的巨大贡献有时会挫伤我们的热情。当我们分析全球绝大多数上市公司时,我们发现重大的不寻常项目往往不会重复。考虑到这个名字,这并不令人惊讶。我们可以看到,碧桂绿集团的积极异常项目与其截至2022年6月的年度利润相比相当重要。因此,我们可以推测,这些不寻常的项目使其法定利润比其他情况下要强劲得多。
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碧桂绿集团的资产负债表分析。
我们对碧桂绿集团利润表现的看法
正如前面提到的,碧桂绿集团从不寻常项目中获得的巨大提振不会无限期地存在,因此其法定收益可能是衡量其潜在盈利能力的糟糕指标。出于这个原因,我们认为碧桂绿集团的法定利润可能是对其潜在盈利能力的不良指引,可能会给投资者带来对该公司过于乐观的印象。遗憾的是,在过去的12个月里,它的每股收益一直在下降。本文的目的是评估我们可以在多大程度上依赖法定收益来反映公司的潜力,但还有很多东西需要考虑。请记住,在分析一只股票时,值得注意其中的风险。例如,我们发现3个警示标志你应该扫视一下,才能更好地了解碧桂绿集团。
这份报告只关注了一个因素,它揭示了碧桂绿集团的利润性质。但还有很多其他方式可以让你了解一家公司的看法。一些人认为,高股本回报率是高质量企业的良好标志。虽然这可能需要为您做一些研究,但您可能会发现免费拥有高股本回报率的公司的集合,或者是内部人士购买的有用的股票清单。
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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。