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SIA Engineering's (SGX:S59) Solid Earnings Are Supported By Other Strong Factors

SIA Engineering's (SGX:S59) Solid Earnings Are Supported By Other Strong Factors

SIA Engineering(新加坡證券交易所股票代碼:S59)的穩健收益受到其他強勁因素的支持
Simply Wall St ·  05/20 21:52

Even though SIA Engineering Company Limited's (SGX:S59) recent earnings release was robust, the market didn't seem to notice. Our analysis suggests that investors might be missing some promising details.

儘管新航工程有限公司(SGX: S59)最近發佈的業績表現強勁,但市場似乎沒有注意到。我們的分析表明,投資者可能遺漏了一些令人鼓舞的細節。

earnings-and-revenue-history
SGX:S59 Earnings and Revenue History May 21st 2024
SGX: S59 收益和收入歷史記錄 2024 年 5 月 21 日

The Impact Of Unusual Items On Profit

不尋常物品對利潤的影響

For anyone who wants to understand SIA Engineering's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit was reduced by S$24m due to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And, after all, that's exactly what the accounting terminology implies. SIA Engineering took a rather significant hit from unusual items in the year to March 2024. All else being equal, this would likely have the effect of making the statutory profit look worse than its underlying earnings power.

對於任何想了解法定數字之外的SIA Engineering利潤的人來說,值得注意的是,在過去的十二個月中,由於異常項目,法定利潤減少了2400萬新元。看到不尋常的項目使公司利潤損失從來都不是一件好事,但從好的方面來看,情況可能遲早會好轉。我們調查了數千家上市公司,發現不尋常的物品本質上往往是一次性的。而且,畢竟,這正是會計術語的含義。在截至2024年3月的一年中,新航工程因不尋常的項目而遭受了相當大的打擊。在其他條件相同的情況下,這可能會使法定利潤看起來比其基本盈利能力差。

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.

這可能會讓你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根據他們的估計描繪未來盈利能力的交互式圖表。

Our Take On SIA Engineering's Profit Performance

我們對新航工程盈利表現的看法

As we mentioned previously, the SIA Engineering's profit was hampered by unusual items in the last year. Because of this, we think SIA Engineering's underlying earnings potential is as good as, or possibly even better, than the statutory profit makes it seem! And on top of that, its earnings per share increased by 46% in the last year. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. Obviously, we love to consider the historical data to inform our opinion of a company. But it can be really valuable to consider what other analysts are forecasting. At Simply Wall St, we have analyst estimates which you can view by clicking here.

正如我們之前提到的,去年新航工程的利潤受到不尋常項目的阻礙。因此,我們認爲SIA Engineering的基礎盈利潛力與法定利潤看上去一樣好,甚至可能更好!最重要的是,其每股收益在去年增長了46%。當然,我們只是在分析其收益時才浮出水面;人們還可以考慮利潤率、預測增長和投資回報率等因素。顯然,我們喜歡考慮歷史數據來爲我們對公司的看法提供依據。但是,考慮其他分析師的預測可能非常有價值。在Simply Wall St,我們有分析師的估計,您可以點擊此處查看。

This note has only looked at a single factor that sheds light on the nature of SIA Engineering's profit. 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. 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 with significant insider holdings to be useful.

本報告僅研究了揭示新航工程利潤性質的單一因素。但是,如果你能夠將注意力集中在細節上,總會有更多的事情需要發現。例如,許多人認爲高股本回報率是有利的商業經濟的標誌,而另一些人則喜歡 “關注資金”,尋找內部人士正在買入的股票。雖然可能需要你進行一些研究,但你可能會發現這份免費收集的擁有高股本回報率的公司,或者這份擁有大量內幕持股的股票清單很有用。

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?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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