Hong Kong SEHK:611 Here's Why We Don't Think China Nuclear Energy Technology's (HKG:611) Statutory Earnings Reflect Its Underlying Earnings Potential By December 17, 2020 Broadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a one-off boost (or reduction) to their profit, and it's not always clear whether statutory profits are a good guide, going forward. This article will consider whether China Nuclear Energy Technology's (HKG:611) statutory profits are a good guide to its underlying earnings. It's good to see that over the last twelve months China Nuclear Energy Technology made a profit of HK$86.5m on revenue of HK$2.84b. The chart below shows how it has grown revenue over the last three years, but that profit has declined.