FIT Hon Teng (HKG:6088) Sheds HK$992m, Company Earnings and Investor Returns Have Been Trending Downwards for Past Five Years
FIT Hon Teng (HKG:6088) Sheds HK$992m, Company Earnings and Investor Returns Have Been Trending Downwards for Past Five Years
We think intelligent long term investing is the way to go. But unfortunately, some companies simply don't succeed. Zooming in on an example, the FIT Hon Teng Limited (HKG:6088) share price dropped 70% in the last half decade. We certainly feel for shareholders who bought near the top. Furthermore, it's down 23% in about a quarter. That's not much fun for holders. Of course, this share price action may well have been influenced by the 11% decline in the broader market, throughout the period.
我们认为明智的长期投资是必经之路。但不幸的是,有些公司根本没有成功。放大一个示例, FIT 鸿腾有限公司 (HKG: 6088) 股价在过去五年中下跌了70%。对于那些买入接近顶部的股东,我们当然有同感。此外,它在大约一个季度内下降了23%。对于持有者来说,这并不好玩。当然,这一股价走势很可能受到整个期间大盘下跌11%的影响。
Since FIT Hon Teng has shed HK$992m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.
由于FIT Hon Teng在过去7天内已贬值9.92亿港元,让我们看看长期下跌是否是由该公司的经济推动的。
Check out our latest analysis for FIT Hon Teng
查看我们对 FIT Hon Teng 的最新分析
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
用本杰明·格雷厄姆的话来说:从短期来看,市场是一台投票机器,但从长远来看,它是一台称重机。研究市场情绪如何随着时间的推移而变化的一种方法是研究公司股价与其每股收益(EPS)之间的相互作用。
During the five years over which the share price declined, FIT Hon Teng's earnings per share (EPS) dropped by 20% each year. This change in EPS is remarkably close to the 21% average annual decrease in the share price. This suggests that market participants have not changed their view of the company all that much. So it's fair to say the share price has been responding to changes in EPS.
在股价下跌的五年中,FIT Hon Teng的每股收益(EPS)每年下降20%。每股收益的这种变化非常接近股价每年平均下跌21%。这表明市场参与者对公司的看法并没有发生太大变化。因此,可以公平地说,股价一直在应对每股收益的变化。
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
该公司的每股收益(随着时间的推移)如下图所示(点击查看确切数字)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231030/0-d841a9732becf1b8620db588d99e8ce9-0-f8e5374e2c55e975115d45a864d9af8f.png/big)
This free interactive report on FIT Hon Teng's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
这个 免费的 如果你想进一步调查该股,关于FIT Hon Teng的收益、收入和现金流的互动报告是一个不错的起点。
A Different Perspective
不同的视角
FIT Hon Teng provided a TSR of 14% over the last twelve months. But that return falls short of the market. But at least that's still a gain! Over five years the TSR has been a reduction of 11% per year, over five years. It could well be that the business is stabilizing. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Even so, be aware that FIT Hon Teng is showing 1 warning sign in our investment analysis , you should know about...
在过去的十二个月中,FIT Hon Teng的股东总回报率为14%。但是这种回报低于市场。但至少这仍然是一种收获!在过去的五年中,股东总回报率在五年内每年下降11%。很可能是业务正在稳定。我发现从长远来看,将股价视为业务表现的代表非常有趣。但是,要真正获得见解,我们还需要考虑其他信息。即便如此,请注意 FIT Hon Teng 正在表演 我们的投资分析中有 1 个警告信号 ,你应该知道...
Of course FIT Hon Teng may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然 FIT Hon Teng 可能不是最值得买入的股票。所以你可能希望看到这个 免费的 成长型股票的收集。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Hong Kong exchanges.
请注意,本文引用的市场回报反映了目前在香港交易所交易的股票的市场加权平均回报。
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Simply Wall St 的这篇文章本质上是笼统的。 我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。 它不构成买入或卖出任何股票的建议,也没有考虑您的目标或财务状况。我们的目标是为您提供由基本面数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。简而言之,华尔街在上述任何股票中都没有头寸。