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Foxconn Industrial Internet Co., Ltd. Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next

Foxconn Industrial Internet Co., Ltd. Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next

富士康工业互联网有限公司刚刚低于每股收益19%:以下是分析师认为接下来会发生的事情
Simply Wall St ·  05/01 18:25

It's been a pretty great week for Foxconn Industrial Internet Co., Ltd. (SHSE:601138) shareholders, with its shares surging 10% to CN¥24.50 in the week since its latest first-quarter results. Statutory earnings per share of CN¥0.21 unfortunately missed expectations by 19%, although it was encouraging to see revenues of CN¥119b exceed expectations by 3.0%. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

对于富士康工业互联网有限公司(SHSE: 601138)的股东来说,这是非常不错的一周,自公布第一季度业绩以来,其股价在本周飙升了10%,至24.50元人民币。不幸的是,法定每股收益为0.21元人民币,未达到预期的19%,尽管令人鼓舞的是,119亿元人民币的收入比预期高出3.0%。分析师通常会在每份收益报告中更新他们的预测,我们可以从他们的估计中判断他们对公司的看法是否发生了变化,或者是否有任何新的问题需要注意。因此,我们收集了最新的财报后法定共识估计,以了解明年可能会发生什么。

earnings-and-revenue-growth
SHSE:601138 Earnings and Revenue Growth May 1st 2024
SHSE: 601138 2024 年 5 月 1 日收益和收入增长

Following the latest results, Foxconn Industrial Internet's 20 analysts are now forecasting revenues of CN¥560.5b in 2024. This would be a notable 15% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to soar 26% to CN¥1.40. In the lead-up to this report, the analysts had been modelling revenues of CN¥555.1b and earnings per share (EPS) of CN¥1.34 in 2024. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.

根据最新业绩,富士康工业互联网的20位分析师现在预测2024年的收入为5605亿元人民币。与过去12个月相比,这将使收入显著增长15%。预计每股法定收益将飙升26%,至1.40元人民币。在本报告发布之前,分析师一直在模拟2024年的收入为5551亿元人民币,每股收益(EPS)为1.34元人民币。从他们新的每股收益估计来看,分析师似乎对该业务更加看好。

The consensus price target was unchanged at CN¥29.91, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Foxconn Industrial Internet at CN¥36.00 per share, while the most bearish prices it at CN¥20.60. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Foxconn Industrial Internet shareholders.

共识目标股价维持在29.91元人民币不变,这意味着盈利前景的改善预计不会对股东的价值创造产生长期影响。但是,这并不是我们可以从这些数据中得出的唯一结论,因为一些投资者在评估分析师目标股价时也喜欢考虑估计值的差异。目前,最看涨的分析师对富士康工业互联网的估值为每股36.00元人民币,而最看跌的分析师估值为20.60元人民币。分析师对该业务的看法肯定各不相同,但在我们看来,估计的分歧还不够广泛,不足以表明富士康工业互联网股东可能会有极端的结果。

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The analysts are definitely expecting Foxconn Industrial Internet's growth to accelerate, with the forecast 20% annualised growth to the end of 2024 ranking favourably alongside historical growth of 4.4% per annum over the past five years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 18% per year. Foxconn Industrial Internet is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.

从现在的大局来看,我们可以理解这些预测的方法之一是看看它们如何与过去的业绩和行业增长预期相比较。分析师们肯定预计富士康工业互联网的增长将加速,预计到2024年底的年化增长率为20%,而过去五年的历史年增长率为4.4%。预计该行业其他类似公司(有分析师报道)的收入也将以每年18%的速度增长。富士康工业互联网预计将以与其行业大致相同的速度增长,因此目前尚不清楚我们能否从其相对于竞争对手的增长中得出任何结论。

The Bottom Line

底线

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Foxconn Industrial Internet following these results. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

这里最重要的是,分析师上调了每股收益预期,这表明继这些业绩之后,对富士康工业互联网的乐观情绪明显增强。令人高兴的是,收入预测没有实际变化,预计该业务仍将与整个行业保持一致。共识目标股价没有实际变化,这表明该业务的内在价值与最新估计相比没有发生任何重大变化。

With that in mind, we wouldn't be too quick to come to a conclusion on Foxconn Industrial Internet. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Foxconn Industrial Internet analysts - going out to 2026, and you can see them free on our platform here.

考虑到这一点,我们不会很快就富士康工业互联网得出结论。长期盈利能力比明年的利润重要得多。根据多位富士康工业互联网分析师的估计,到2026年,你可以在我们的平台上免费查看。

Before you take the next step you should know about the 1 warning sign for Foxconn Industrial Internet that we have uncovered.

在你采取下一步行动之前,你应该了解我们发现的富士康工业互联网的1个警告信号。

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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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