Shareholders in Huachuang Yunxin Digital Technology (SHSE:600155) Are in the Red If They Invested Three Years Ago
Shareholders in Huachuang Yunxin Digital Technology (SHSE:600155) Are in the Red If They Invested Three Years Ago
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But in any given year a good portion of stocks will fall short of that. Unfortunately, that's been the case for longer term Huachuang Yunxin Digital Technology Co., Ltd. (SHSE:600155) shareholders, since the share price is down 26% in the last three years, less than the market decline of around 26%. The falls have accelerated recently, with the share price down 11% in the last three months. Of course, this share price action may well have been influenced by the 8.3% decline in the broader market, throughout the period.
如今,简单地购买指数基金很容易,而且您的回报应该(大致)与市场相匹配。但是在任何一年中,很大一部分股票都将低于这个水平。不幸的是,华创云信数字技术有限公司(SHSE: 600155)的长期股东就是这种情况,因为股价在过去三年中下跌了26%,低于26%左右的市场跌幅。最近跌势加速,股价在过去三个月中下跌了11%。当然,这种股价走势很可能受到了整个时期大盘下跌8.3%的影响。
It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that.
值得评估的是,该公司的经济状况是否与这些令人难以置信的股东回报步调一致,或者两者之间是否存在一些差距。所以我们就这么做吧。
See our latest analysis for Huachuang Yunxin Digital Technology
查看我们对华创云芯数码科技的最新分析
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
引用巴菲特的话说:“船只将在世界各地航行,但Flat Earth Society将蓬勃发展。市场上的价格和价值之间将继续存在巨大差异...”通过比较每股收益(EPS)和一段时间内的股价变化,我们可以了解投资者对公司的态度是如何随着时间的推移而变化的。
During the unfortunate three years of share price decline, Huachuang Yunxin Digital Technology actually saw its earnings per share (EPS) improve by 2.6% per year. Given the share price reaction, one might suspect that EPS is not a good guide to the business performance during the period (perhaps due to a one-off loss or gain). Or else the company was over-hyped in the past, and so its growth has disappointed.
在不幸的三年股价下跌中,华创云信数字科技的每股收益(EPS)实际上每年增长2.6%。鉴于股价的反应,人们可能会怀疑每股收益并不能很好地指导该期间的业务表现(可能是由于一次性的亏损或收益)。否则,该公司过去曾被过度炒作,因此其增长令人失望。
It's pretty reasonable to suspect the market was previously to bullish on the stock, and has since moderated expectations. However, taking a look at other business metrics might shed a bit more light on the share price action.
可以合理地怀疑市场此前曾看涨该股,此后又放缓了预期。但是,看看其他业务指标可能会为股价走势提供更多启示。
We think that the revenue decline over three years, at a rate of 4.5% per year, probably had some shareholders looking to sell. After all, if revenue keeps shrinking, it may be difficult to find earnings growth in the future.
我们认为,三年来的收入以每年4.5%的速度下降,可能促使一些股东想要出售。毕竟,如果收入持续萎缩,将来可能很难找到收益增长。
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
下图显示了收入和收入随时间推移的跟踪情况(如果您点击图片,可以看到更多细节)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240126/0-d3971d5adfe55126fc9d778296badb19-0-d23d6c4cd2da4a937bfc8b218417ae35.png/big)
You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.
您可以在这张免费的交互式图片中看到其资产负债表如何随着时间的推移而增强(或减弱)。
A Different Perspective
不同的视角
We're pleased to report that Huachuang Yunxin Digital Technology shareholders have received a total shareholder return of 13% over one year. Since the one-year TSR is better than the five-year TSR (the latter coming in at 3% 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. For example, we've discovered 1 warning sign for Huachuang Yunxin Digital Technology that you should be aware of before investing here.
我们很高兴地向大家报告,华创云信数字科技的股东在一年内获得了13%的总股东回报率。由于一年期股东总回报率好于五年期股东总回报率(后者为每年3%),因此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。我发现将长期股价视为业务绩效的代表非常有趣。但是,要真正获得见解,我们还需要考虑其他信息。例如,我们发现了华创云信数字科技的1个警告信号,在这里投资之前,你应该注意这个信号。
We will like Huachuang Yunxin Digital Technology better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
如果我们看到一些重大的内幕收购,我们会更喜欢华创云信数码科技。在我们等待的同时,请查看这份免费清单,列出了最近有大量内幕收购的成长型公司。
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,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本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型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。