Investors Who Have Held Hang Zhou Iron & SteelLtd (SHSE:600126) Over the Last Three Years Have Watched Its Earnings Decline Along With Their Investment
Investors Who Have Held Hang Zhou Iron & SteelLtd (SHSE:600126) Over the Last Three Years Have Watched Its Earnings Decline Along With Their Investment
As an investor its worth striving to ensure your overall portfolio beats the market average. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. Unfortunately, that's been the case for longer term Hang Zhou Iron & Steel Co.,Ltd. (SHSE:600126) shareholders, since the share price is down 27% in the last three years, falling well short of the market decline of around 10%. But it's up 5.9% in the last week. We would posit that the recently released financial results have driven this rise, so you might want to check the latest numbers in our full company report.
作为投资者,值得努力确保您的整体投资组合超过市场平均水平。但是在任何投资组合中,都可能有一些股票未达到该基准。不幸的是,从长远来看,情况一直如此 杭州钢铁股份有限公司,有限公司 (SHSE: 600126) 股东们,由于股价在过去三年中下跌了27%,远未达到10%左右的市场跌幅。但上周上涨了5.9%。我们假设最近公布的财务业绩推动了这一增长,因此您可能需要在我们的完整公司报告中查看最新数据。
While the last three years has been tough for Hang Zhou Iron & SteelLtd shareholders, this past week has shown signs of promise. So let's look at the longer term fundamentals and see if they've been the driver of the negative returns.
尽管过去三年对杭州钢铁有限公司的股东来说是艰难的,但过去一周却显示出希望的迹象。因此,让我们来看看长期基本面,看看它们是否是负回报的驱动力。
View our latest analysis for Hang Zhou Iron & SteelLtd
查看我们对杭州钢铁有限公司的最新分析
We don't think that Hang Zhou Iron & SteelLtd's modest trailing twelve month profit has the market's full attention at the moment. We think revenue is probably a better guide. As a general rule, we think this kind of company is more comparable to loss-making stocks, since the actual profit is so low. For shareholders to have confidence a company will grow profits significantly, it must grow revenue.
我们认为,杭州钢铁有限公司过去十二个月的微薄利润目前并未引起市场的充分关注。我们认为收入可能是更好的指南。一般而言,我们认为这种公司更能与亏损股票相提并论,因为实际利润太低了。为了让股东有信心公司大幅增加利润,它必须增加收入。
In the last three years, Hang Zhou Iron & SteelLtd saw its revenue grow by 8.4% per year, compound. That's a fairly respectable growth rate. Shareholders have endured a share price decline of 8% per year. So the market has definitely lost some love for the stock. With revenue growing at a solid clip, now might be the time to focus on the possibility that it will have a brighter future.
在过去的三年中,杭州钢铁有限公司的收入每年复合增长8.4%。这是一个相当可观的增长率。股东的股价每年下跌8%。因此,市场肯定已经失去了对这只股票的喜爱。随着收入稳步增长,现在可能是专注于其更光明未来的可能性的时候了。
You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).
您可以在下图中看到收入和收入随时间推移而发生的变化(点击图表查看确切值)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231102/0-7c51ded53e18c94a40479d27720b4300-0-836d83c2381292cf5cc624a6374f9223.png/big)
This free interactive report on Hang Zhou Iron & SteelLtd's balance sheet strength 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,那么关于杭州钢铁有限公司资产负债表实力的互动报告是一个不错的起点。
What About Dividends?
分红呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Hang Zhou Iron & SteelLtd's TSR for the last 3 years was -18%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!
除了衡量股价回报外,投资者还应考虑股东总回报(TSR)。股价回报仅反映股价的变化,而股东总回报率包括股息的价值(假设股息已被再投资)以及任何折扣融资或分拆的收益。可以公平地说,股东总回报率为支付股息的股票提供了更完整的画面。碰巧的是,杭州钢铁有限公司过去3年的股东总回报率为-18%,超过了前面提到的股价回报率。这在很大程度上是其股息支付的结果!
A Different Perspective
不同的视角
We're pleased to report that Hang Zhou Iron & SteelLtd shareholders have received a total shareholder return of 7.0% over one year. Of course, that includes the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 2% per year), it would seem that the stock's performance has improved in recent times. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. 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. Consider for instance, the ever-present spectre of investment risk. We've identified 4 warning signs with Hang Zhou Iron & SteelLtd (at least 3 which make us uncomfortable) , and understanding them should be part of your investment process.
我们很高兴地向大家报告,杭州钢铁有限公司的股东在一年内获得了7.0%的股东总回报率。当然,这包括分红。由于一年期股东总回报率好于五年期股东总回报(后者为每年2%),该股的表现似乎在最近有所改善。鉴于股价势头仍然强劲,可能值得仔细研究该股,以免错过机会。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。例如,以永远存在的投资风险幽灵为例。 我们已经确定了 4 个警告信号 选择杭州钢铁有限公司(至少 3 个,这让我们感到不舒服),了解他们应该成为您投资过程的一部分。
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
对于那些喜欢寻找的人 获胜的投资 这个 免费的 最近进行内幕收购的成长型公司名单可能只是门票。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Chinese exchanges.
请注意,本文引用的市场回报反映了目前在中国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。