<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/52BCF213-7878-4093-82D8-FE59A807B535/chart/price-vs-fair-value?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/52BCF213-7878-4093-82D8-FE59A807B535/chart/price-vs-fair-value"/></p>
<p>TSE:8084 1 年股价与公允价值对比</p>
<p>探索来自社区的 Ryoden 公允价值并选择您的观点</p>
<p>软弱的收益似乎并没有让 <strong>Ryoden Corporation</strong>（TSE:8084）的股东感到担忧。我们的分析表明，尽管利润较弱，但公司的基础依然强劲。</p>
<p>特朗普承诺要 “释放” 美国的石油和天然气，这 15 只美国股票的发展有望受益。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/880951-earnings-and-revenue-history-1-dark-2/1754885009801?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/880951-earnings-and-revenue-history-1-dark-2/1754885009801"/></p>
<p>TSE:8084 收益和收入历史 2025 年 8 月 11 日</p>
<h2>深入了解 Ryoden 的收益</h2>
<p>一个用于衡量公司将利润转化为自由现金流（FCF）能力的关键财务比率是 <strong>应计比率</strong>。简单来说，这个比率是将自由现金流从净利润中减去，然后将该数字除以公司在该期间的平均运营资产。这个比率告诉我们公司有多少利润并没有得到自由现金流的支持。</p>
<p>因此，负的应计比率对公司是积极的，而正的应计比率则是消极的。这并不是说我们应该担心正的应计比率，但值得注意的是应计比率相对较高。值得注意的是，有一些学术证据表明，高应计比率通常是短期利润的坏兆头。</p>
<p>截至 2025 年 6 月，Ryoden 的应计比率为-0.24。这表明其自由现金流显著超过了法定利润。实际上，在过去的 12 个月中，它报告的自由现金流为 200 亿日元，远高于其报告的 48.4 亿日元利润。Ryoden 的股东无疑对过去 12 个月自由现金流的改善感到满意。尽管如此，事情还有更多的细节。我们可以看到，异常项目影响了其法定利润，因此也影响了应计比率。</p>
<p>查看我们对 Ryoden 的最新分析</p>
<p><strong>注意：</strong> 我们始终建议投资者检查资产负债表的强度。点击这里查看我们对 Ryoden 的资产负债表分析。</p>
<h2>异常项目对利润的影响</h2>
<p>虽然应计比率可能预示着良好，但我们也注意到 Ryoden 的利润在过去 12 个月中因异常项目而增加了 8.32 亿日元。我们不能否认，较高的利润通常让我们感到乐观，但我们更希望利润是可持续的。当我们分析全球绝大多数上市公司时，我们发现显著的异常项目通常不会重复。这是可以预期的，因为这些提升被称为 “异常”。假设这些异常项目在当前年度不再出现，我们预计明年的利润将会较弱（在没有业务增长的情况下）。</p>
<h2>我们对 Ryoden 利润表现的看法</h2>
<p>Ryoden 的利润因异常项目而受到提升，这表明这些利润可能无法持续，但其应计比率仍然显示出良好的现金转化，这令人鼓舞。考虑到上述所有因素，我们认为 Ryoden 的利润结果是其真实盈利能力的一个相当不错的指引，尽管有些保守。如果您想了解更多关于 Ryoden 作为一家企业的信息，了解它面临的风险是很重要的。每家公司都有风险，我们发现了 <strong>1 个 Ryoden 的警示信号</strong>，您应该了解。</p>
<p>我们对 Ryoden 的审查集中在某些因素上，这些因素可能使其收益看起来比实际情况更好。但如果您能够专注于细节，总会有更多的发现。有些人认为高股本回报率是优质企业的良好标志。因此，您可能希望查看这份 <strong>免费</strong> 的高股本回报率公司集合，或这份高内部持股的股票列表。</p>

8084

<p>瑞电株式会社（TSE:8084）报告了疲软的收益，但由于强劲的业务基本面，股东们对此并不担忧。该公司的应计比率为-0.24，表明自由现金流显著超过法定利润，自由现金流为 200 亿日元，而利润为 48.4 亿日元。然而，利润受到价值 832 百万日元的非常规项目的推动，这引发了对可持续性的担忧。分析师建议，尽管现金转换良好，但未来的利润可能在没有这些非常规推动的情况下较弱。投资者被建议考虑潜在风险以及公司的资产负债表实力</p>

<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/52BCF213-7878-4093-82D8-FE59A807B535/chart/price-vs-fair-value" alt="" original-src="https://images.simplywall.st/company/52BCF213-7878-4093-82D8-FE59A807B535/chart/price-vs-fair-value"/></p>
<p>TSE:8084 1 Year Share Price vs Fair Value</p>
<div class="lb-trans"><p>TSE:8084 1 年股价与公允价值对比</p>
</div><p>Explore Ryoden's Fair Values from the Community and select yours</p>
<div class="lb-trans"><p>探索来自社区的 Ryoden 公允价值并选择您的观点</p>
</div><p>Soft earnings didn't appear to concern <strong>Ryoden Corporation's</strong> (TSE:8084) shareholders over the last week. Our analysis suggests that while the profits are soft, the foundations of the business are strong.</p>
<div class="lb-trans"><p>软弱的收益似乎并没有让 <strong>Ryoden Corporation</strong>（TSE:8084）的股东感到担忧。我们的分析表明，尽管利润较弱，但公司的基础依然强劲。</p>
</div><p>Trump has pledged to &#34;unleash&#34; American oil and gas and these 15 US stocks have developments that are poised to benefit.</p>
<div class="lb-trans"><p>特朗普承诺要 “释放” 美国的石油和天然气，这 15 只美国股票的发展有望受益。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/880951-earnings-and-revenue-history-1-dark-2/1754885009801" alt="" original-src="https://images.simplywall.st/asset/chart/880951-earnings-and-revenue-history-1-dark-2/1754885009801"/></p>
<p>TSE:8084 Earnings and Revenue History August 11th 2025</p>
<div class="lb-trans"><p>TSE:8084 收益和收入历史 2025 年 8 月 11 日</p>
</div><h2>A Closer Look At Ryoden's Earnings</h2>
<div class="lb-trans"><h2>深入了解 Ryoden 的收益</h2>
</div><p>One key financial ratio used to measure how well a company converts its profit to free cash flow (FCF) is the <strong>accrual ratio</strong>. In plain english, this ratio subtracts FCF from net profit, and divides that number by the company's average operating assets over that period. This ratio tells us how much of a company's profit is not backed by free cashflow.</p>
<div class="lb-trans"><p>一个用于衡量公司将利润转化为自由现金流（FCF）能力的关键财务比率是 <strong>应计比率</strong>。简单来说，这个比率是将自由现金流从净利润中减去，然后将该数字除以公司在该期间的平均运营资产。这个比率告诉我们公司有多少利润并没有得到自由现金流的支持。</p>
</div><p>As a result, a negative accrual ratio is a positive for the company, and a positive accrual ratio is a negative. That is not intended to imply we should worry about a positive accrual ratio, but it's worth noting where the accrual ratio is rather high. Notably, there is some academic evidence that suggests that a high accrual ratio is a bad sign for near-term profits, generally speaking.</p>
<div class="lb-trans"><p>因此，负的应计比率对公司是积极的，而正的应计比率则是消极的。这并不是说我们应该担心正的应计比率，但值得注意的是应计比率相对较高。值得注意的是，有一些学术证据表明，高应计比率通常是短期利润的坏兆头。</p>
</div><p>For the year to June 2025, Ryoden had an accrual ratio of -0.24. That indicates that its free cash flow quite significantly exceeded its statutory profit. Indeed, in the last twelve months it reported free cash flow of JP¥20b, well over the JP¥4.84b it reported in profit. Ryoden shareholders are no doubt pleased that free cash flow improved over the last twelve months. Having said that, there is more to the story. We can see that unusual items have impacted its statutory profit, and therefore the accrual ratio.</p>
<div class="lb-trans"><p>截至 2025 年 6 月，Ryoden 的应计比率为-0.24。这表明其自由现金流显著超过了法定利润。实际上，在过去的 12 个月中，它报告的自由现金流为 200 亿日元，远高于其报告的 48.4 亿日元利润。Ryoden 的股东无疑对过去 12 个月自由现金流的改善感到满意。尽管如此，事情还有更多的细节。我们可以看到，异常项目影响了其法定利润，因此也影响了应计比率。</p>
</div><p>See our latest analysis for Ryoden</p>
<div class="lb-trans"><p>查看我们对 Ryoden 的最新分析</p>
</div><p><strong>Note:</strong> we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Ryoden.</p>
<div class="lb-trans"><p><strong>注意：</strong> 我们始终建议投资者检查资产负债表的强度。点击这里查看我们对 Ryoden 的资产负债表分析。</p>
</div><h2>The Impact Of Unusual Items On Profit</h2>
<div class="lb-trans"><h2>异常项目对利润的影响</h2>
</div><p>While the accrual ratio might bode well, we also note that Ryoden's profit was boosted by unusual items worth JP¥832m in the last twelve months. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. 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).</p>
<div class="lb-trans"><p>虽然应计比率可能预示着良好，但我们也注意到 Ryoden 的利润在过去 12 个月中因异常项目而增加了 8.32 亿日元。我们不能否认，较高的利润通常让我们感到乐观，但我们更希望利润是可持续的。当我们分析全球绝大多数上市公司时，我们发现显著的异常项目通常不会重复。这是可以预期的，因为这些提升被称为 “异常”。假设这些异常项目在当前年度不再出现，我们预计明年的利润将会较弱（在没有业务增长的情况下）。</p>
</div><h2>Our Take On Ryoden's Profit Performance</h2>
<div class="lb-trans"><h2>我们对 Ryoden 利润表现的看法</h2>
</div><p>Ryoden's profits got a boost from unusual items, which indicates they might not be sustained and yet its accrual ratio still indicated solid cash conversion, which is promising. Considering all the aforementioned, we'd venture that Ryoden's profit result is a pretty good guide to its true profitability, albeit a bit on the conservative side. If you'd like to know more about Ryoden as a business, it's important to be aware of any risks it's facing. Every company has risks, and we've spotted <strong>1 warning sign for Ryoden</strong> you should know about.</p>
<div class="lb-trans"><p>Ryoden 的利润因异常项目而受到提升，这表明这些利润可能无法持续，但其应计比率仍然显示出良好的现金转化，这令人鼓舞。考虑到上述所有因素，我们认为 Ryoden 的利润结果是其真实盈利能力的一个相当不错的指引，尽管有些保守。如果您想了解更多关于 Ryoden 作为一家企业的信息，了解它面临的风险是很重要的。每家公司都有风险，我们发现了 <strong>1 个 Ryoden 的警示信号</strong>，您应该了解。</p>
</div><p>Our examination of Ryoden has focussed on certain factors that can make its earnings look better than they are. 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. So you may wish to see this <strong>free</strong> collection of companies boasting high return on equity, or this list of stocks with high insider ownership.</p>
<div class="lb-trans"><p>我们对 Ryoden 的审查集中在某些因素上，这些因素可能使其收益看起来比实际情况更好。但如果您能够专注于细节，总会有更多的发现。有些人认为高股本回报率是优质企业的良好标志。因此，您可能希望查看这份 <strong>免费</strong> 的高股本回报率公司集合，或这份高内部持股的股票列表。</p>
</div>

我们认为您可以超越 Ryoden（TSE:8084）乏善可陈的收益表现