<p><strong>国家能源服务重聚公司</strong> (NASDAQ:NESR) 刚刚发布了一份稳健的财报，股票表现出一定的强劲。尽管如此，我们的分析表明，有一些因素正在削弱这些良好利润数字的基础。</p>
<p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是——它们的市值都在 100 亿美元以下——现在仍然有机会提前入场。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/421015703-earnings-and-revenue-history-1-dark-2/1764067370805?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/421015703-earnings-and-revenue-history-1-dark-2/1764067370805"/></p>
<p>NasdaqCM:NESR 收益和收入历史 2025 年 11 月 25 日</p>
<p>评估收益质量的一个重要方面是查看公司稀释股东的程度。实际上，国家能源服务重聚公司在过去十二个月中通过发行新股增加了 5.6% 的流通股数。因此，其净收入现在在更多的股份之间分配。谈论净收入而不关注每股收益，就是被大数字所分散注意力，而忽视了那些与_每股_价值相关的小数字。点击此链接查看国家能源服务重聚公司的历史每股收益增长。</p>
<h2>稀释如何影响国家能源服务重聚公司的每股收益 (EPS)？</h2>
<p>三年前，国家能源服务重聚公司亏损。好消息是，在过去的十二个月中，其利润增长了 36%。但每股收益的表现则不那么令人印象深刻，仅增长了 33%。因此，可以看出稀释对股东产生了一定的影响。</p>
<p>从长远来看，每股收益的增长应该会带来股价的增长。因此，国家能源服务重聚公司的股东希望看到每股收益数字继续增加。然而，如果其利润增加而每股收益保持平稳（甚至下降），那么股东可能不会看到太多好处。因此，可以说在长期内，每股收益比净收入更为重要，假设目标是评估公司股价是否可能增长。</p>
<p>这可能让你想知道分析师对未来盈利能力的预测。幸运的是，你可以点击这里查看基于他们估计的未来盈利能力的互动图表。</p>
<h2>我们对国家能源服务重聚公司盈利表现的看法</h2>
<p>由于现有股东的稀释，每个国家能源服务重聚公司的股份现在获得的整体利润份额显著减少。因此，我们认为国家能源服务重聚公司的法定利润可能优于其潜在的盈利能力。好消息是，其每股收益在过去一年中增长了 33%。当然，我们在分析其收益时仅仅触及了表面；还可以考虑利润率、预测增长和投资回报等其他因素。最终，本文基于历史数据形成了一个观点。然而，考虑分析师对未来的预测也是很好的。在 Simply Wall St，我们有分析师的估计，你可以点击这里查看。</p>
<p>今天我们聚焦于一个单一的数据点，以更好地理解国家能源服务重聚公司的利润性质。但如果你能够专注于细节，总是会有更多的发现。有些人认为高股本回报率是优质企业的良好标志。虽然这可能需要你进行一些研究，但你可能会发现这份 <strong>免费</strong> 的高股本回报率公司集合，或者这份内部持股显著的股票列表会对你有所帮助。</p>

NESR

<p>国家能源服务重聚公司（NASDAQ:NESR）报告了强劲的收益，但分析显示由于股东稀释可能存在潜在的质量问题。该公司增加了 5.6% 的股份，影响了每股收益（EPS）的增长，仅增长了 33%，而利润增长则达到了 36%。这种稀释表明法定利润可能无法反映真实的盈利能力，强调了每股收益相对于净收入在未来股价增长中的重要性</p>

<p><strong>National Energy Services Reunited Corp.</strong> (NASDAQ:NESR) just released a solid earnings report, and the stock displayed some strength. Despite this, our analysis suggests that there are some factors weakening the foundations of those good profit numbers.</p>
<div class="lb-trans"><p><strong>国家能源服务重聚公司</strong> (NASDAQ:NESR) 刚刚发布了一份稳健的财报，股票表现出一定的强劲。尽管如此，我们的分析表明，有一些因素正在削弱这些良好利润数字的基础。</p>
</div><p>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.</p>
<div class="lb-trans"><p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是——它们的市值都在 100 亿美元以下——现在仍然有机会提前入场。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/421015703-earnings-and-revenue-history-1-dark-2/1764067370805" alt="" original-src="https://images.simplywall.st/asset/chart/421015703-earnings-and-revenue-history-1-dark-2/1764067370805"/></p>
<p>NasdaqCM:NESR Earnings and Revenue History November 25th 2025</p>
<div class="lb-trans"><p>NasdaqCM:NESR 收益和收入历史 2025 年 11 月 25 日</p>
</div><p>One essential aspect of assessing earnings quality is to look at how much a company is diluting shareholders. In fact, National Energy Services Reunited increased the number of shares on issue by 5.6% over the last twelve months by issuing new shares. As a result, its net income is now split between a greater number of shares. To talk about net income, without noticing earnings per share, is to be distracted by the big numbers while ignoring the smaller numbers that talk to <em>per share</em> value. Check out National Energy Services Reunited's historical EPS growth by clicking on this link.</p>
<div class="lb-trans"><p>评估收益质量的一个重要方面是查看公司稀释股东的程度。实际上，国家能源服务重聚公司在过去十二个月中通过发行新股增加了 5.6% 的流通股数。因此，其净收入现在在更多的股份之间分配。谈论净收入而不关注每股收益，就是被大数字所分散注意力，而忽视了那些与_每股_价值相关的小数字。点击此链接查看国家能源服务重聚公司的历史每股收益增长。</p>
</div><h2>How Is Dilution Impacting National Energy Services Reunited's Earnings Per Share (EPS)?</h2>
<div class="lb-trans"><h2>稀释如何影响国家能源服务重聚公司的每股收益 (EPS)？</h2>
</div><p>Three years ago, National Energy Services Reunited lost money. On the bright side, in the last twelve months it grew profit by 36%. But EPS was less impressive, up only 33% in that time. So you can see that the dilution has had a bit of an impact on shareholders.</p>
<div class="lb-trans"><p>三年前，国家能源服务重聚公司亏损。好消息是，在过去的十二个月中，其利润增长了 36%。但每股收益的表现则不那么令人印象深刻，仅增长了 33%。因此，可以看出稀释对股东产生了一定的影响。</p>
</div><p>In the long term, earnings <em>per share</em> growth should beget share price growth. So National Energy Services Reunited shareholders will want to see that EPS figure continue to increase. However, if its profit increases while its earnings per share stay flat (or even fall) then shareholders might not see much benefit. For that reason, you could say that EPS is more important that net income in the long run, assuming the goal is to assess whether a company's share price might grow.</p>
<div class="lb-trans"><p>从长远来看，每股收益的增长应该会带来股价的增长。因此，国家能源服务重聚公司的股东希望看到每股收益数字继续增加。然而，如果其利润增加而每股收益保持平稳（甚至下降），那么股东可能不会看到太多好处。因此，可以说在长期内，每股收益比净收入更为重要，假设目标是评估公司股价是否可能增长。</p>
</div><p>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.</p>
<div class="lb-trans"><p>这可能让你想知道分析师对未来盈利能力的预测。幸运的是，你可以点击这里查看基于他们估计的未来盈利能力的互动图表。</p>
</div><h2>Our Take On National Energy Services Reunited's Profit Performance</h2>
<div class="lb-trans"><h2>我们对国家能源服务重聚公司盈利表现的看法</h2>
</div><p>Each National Energy Services Reunited share now gets a meaningfully smaller slice of its overall profit, due to dilution of existing shareholders. Because of this, we think that it may be that National Energy Services Reunited's statutory profits are better than its underlying earnings power. The good news is that, its earnings per share increased by 33% 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. Ultimately, this article has formed an opinion based on historical data. However, it can also be great to think about what analysts are forecasting for the future. At Simply Wall St, we have analyst estimates which you can view by clicking here.</p>
<div class="lb-trans"><p>由于现有股东的稀释，每个国家能源服务重聚公司的股份现在获得的整体利润份额显著减少。因此，我们认为国家能源服务重聚公司的法定利润可能优于其潜在的盈利能力。好消息是，其每股收益在过去一年中增长了 33%。当然，我们在分析其收益时仅仅触及了表面；还可以考虑利润率、预测增长和投资回报等其他因素。最终，本文基于历史数据形成了一个观点。然而，考虑分析师对未来的预测也是很好的。在 Simply Wall St，我们有分析师的估计，你可以点击这里查看。</p>
</div><p>Today we've zoomed in on a single data point to better understand the nature of National Energy Services Reunited'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 <strong>free</strong> collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful.</p>
<div class="lb-trans"><p>今天我们聚焦于一个单一的数据点，以更好地理解国家能源服务重聚公司的利润性质。但如果你能够专注于细节，总是会有更多的发现。有些人认为高股本回报率是优质企业的良好标志。虽然这可能需要你进行一些研究，但你可能会发现这份 <strong>免费</strong> 的高股本回报率公司集合，或者这份内部持股显著的股票列表会对你有所帮助。</p>
</div>

National Energy Services Reunited（NASDAQ:NESR）的利润似乎存在质量问题