Latest news with #balanceSheet
Yahoo
5 days ago
- Business
- Yahoo
GP Industries' (SGX:G20) Solid Earnings Have Been Accounted For Conservatively
The market seemed underwhelmed by last week's earnings announcement from GP Industries Limited (SGX:G20) despite the healthy numbers. We did some digging, and we think that investors are missing some encouraging factors in the underlying numbers. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. How Do Unusual Items Influence Profit? For anyone who wants to understand GP Industries' profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit was reduced by S$9.9m due to unusual items. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. 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. If GP Industries doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year. Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of GP Industries. Our Take On GP Industries' Profit Performance Because unusual items detracted from GP Industries' earnings over the last year, you could argue that we can expect an improved result in the current quarter. Because of this, we think GP Industries' earnings potential is at least as good as it seems, and maybe even better! And it's also positive that the company showed enough improvement to book a profit this year, after losing money 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. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. For instance, we've identified 3 warning signs for GP Industries (2 don't sit too well with us) you should be familiar with. Today we've zoomed in on a single data point to better understand the nature of GP Industries' profit. But there are plenty of other ways to inform your opinion of a company. 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. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
5 days ago
- Business
- Wall Street Journal
Aleon Metals Engages Restructuring Counsel
Aleon Metals, a metals recycler and processor, has tapped restructuring lawyers from Morrison & Foerster to advise on efforts to revamp its troubled balance sheet, according to people familiar with the matter. The Freeport, Texas-based private company has struggled with operational issues, the people said. Aleon is considering a potential sale to an outside investor as part of its restructuring or handing over control of the company to its creditors, according to one of the people. Aleon and Morrison & Foerster didn't respond to requests for comment. Founded in 1973, Aleon describes itself as a leader in recycling catalyst and lithium-ion batteries, focusing on the recovery of strategic metals for infrastructure and renewable energy. According to its website, Aleon is the world's largest recycler of spent petroleum catalysts.
Yahoo
12-07-2025
- Business
- Yahoo
We Think That There Are Some Issues For Boustead Singapore (SGX:F9D) Beyond Its Promising Earnings
Boustead Singapore Limited's (SGX:F9D) healthy profit numbers didn't contain any surprises for investors. We think this is due to investors looking beyond the statutory profits and being concerned with what they see. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. For anyone who wants to understand Boustead Singapore's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from S$31m worth of unusual items. While we like to see profit increases, we tend to be a little more cautious when unusual items have made a big contribution. 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 that's as you'd expect, given these boosts are described as 'unusual'. We can see that Boustead Singapore's positive unusual items were quite significant relative to its profit in the year to March 2025. 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 Boustead Singapore. As we discussed above, we think the significant positive unusual item makes Boustead Singapore's earnings a poor guide to its underlying profitability. As a result, we think it may well be the case that Boustead Singapore's underlying earnings power is lower than its statutory profit. But the good news is that its EPS growth over the last three years has been very impressive. 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 - Boustead Singapore has 2 warning signs we think you should be aware of. Today we've zoomed in on a single data point to better understand the nature of Boustead Singapore'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. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
Bloomberg
10-07-2025
- Business
- Bloomberg
Fed's Waller Backs Balance Sheet Runoff, Shift in Composition
Federal Reserve Governor Christopher Waller said the US central bank should continue reducing the size of its balance sheet, including shifting its composition to include more short-term assets, but that it likely doesn't need to fall too much. 'I believe we can likely continue to let a share of maturing and prepaying securities roll off our balance sheet for some time, reducing reserve balances,' Waller said Thursday in remarks prepared for an event hosted by the Dallas Fed.
Yahoo
10-07-2025
- Business
- Yahoo
Fed's Waller sees some ways to go in shrinking central bank's holdings
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday the U.S. central bank still has some ways to go in shrinking the size of its holdings, in comments that offer a potential resting size for the ongoing drawdown, while flagging a desire to move the holdings to shorter-dated securities. "Given my rough estimate of the level of reserves needed to be ample, I believe we can likely continue to let a share of maturing and prepaying securities roll off our balance sheet for some time, reducing reserve balances," Waller said in the text of a speech to be presented at the Dallas Fed. Against a Fed balance sheet that now stands at $6.7 trillion, with $3.3 trillion in bank reserves, Waller said the ongoing effort to reduce the holdings may have a visible target in view. Waller said a "hypothetical" Fed balance sheet might stand at $5.8 trillion, with $2.7 trillion in reserves and $780 billion in the Treasury Department's account with the central bank. He noted money market turbulence in the fall of 2019 suggests a drop in reserves to below 8% of GDP is an issue, so that metric helped inform his rough estimate of where overall Fed holdings might need to fall. After more than doubling the size of its balance sheet to a peak of $9 trillion due to COVID-19 era bond purchases, the Fed has over the last three years been steadily shedding Treasury and mortgage bonds as part of a broader normalization of monetary policy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
