King's Flair International (Holdings) Limited's (HKG:6822) recent weak earnings report didn't cause a big stock movement. We think that investors are worried about some weaknesses underlying the earnings.
View our latest analysis for King's Flair International (Holdings)
SEHK:6822 Earnings and Revenue History September 23rd 2022
The Impact Of Unusual Items On Profit
To properly understand King's Flair International (Holdings)'s profit results, we need to consider the HK$7.2m 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 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).
Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of King's Flair International (Holdings).
Our Take On King's Flair International (Holdings)'s Profit Performance
Arguably, King's Flair International (Holdings)'s statutory earnings have been distorted by unusual items boosting profit. Therefore, it seems possible to us that King's Flair International (Holdings)'s true underlying earnings power is actually less than its statutory profit. Sadly, its EPS was down over the last twelve months. 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 King's Flair International (Holdings), you'd also look into what risks it is currently facing. Be aware that King's Flair International (Holdings) is showing 2 warning signs in our investment analysis and 1 of those is concerning...
Today we've zoomed in on a single data point to better understand the nature of King's Flair International (Holdings)'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. 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.
英皇富豪国际(集团)有限公司(HKG:6822)最近疲弱的盈利报告并未导致股市大幅波动。我们认为,投资者担心的是盈利背后的一些弱点。
查看我们对国王的FLAIR国际(控股)的最新分析
联交所:6822盈利及收入历史2022年9月23日
异常项目对利润的影响
要正确理解英皇国际(控股)的盈利业绩,我们需要考虑一下因不寻常项目带来的720万港元收益。虽然利润更高总是好事,但不寻常项目带来的巨大贡献有时会挫伤我们的热情。当我们分析了数千家上市公司的数据时,我们发现,在特定的一年里,不寻常项目往往会提振我们的热情不第二年又重复了一遍。考虑到这些提振被描述为“不寻常的”,这正如你所预期的那样。假设这些不同寻常的项目在本年度不会再次出现,我们因此预计明年的利润会更弱(也就是说,在没有业务增长的情况下)。
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英皇飞侠国际(控股)的资产负债表分析。
我们对英皇才华国际(控股)的盈利表现的看法
可以说,King‘s Flair International(Holdings)的法定收益被不寻常的提高利润的项目扭曲了。因此,在我们看来,King‘s Flair International(Holdings)的真实潜在盈利能力实际上可能低于其法定利润。遗憾的是,在过去的12个月里,它的每股收益一直在下降。归根结底,如果你想正确地了解这家公司,除了以上几个因素之外,考虑其他因素也是至关重要的。如果你真的想更深入地研究King‘s Flair International(Holdings),你还应该调查它目前面临的风险。请注意,国王的才华国际(控股)正在展示我们的投资分析中的2个警告信号其中一条是关于..。
今天,我们只关注了一个数据点,以更好地了解英皇的FLAIR国际(控股)利润的本质。但如果你有能力将注意力集中在细节上,总会有更多的数据需要发现。有些人认为高股本回报率是高质量企业的好迹象。虽然你可能需要做一些研究,但你可能会发现这一点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。