Elec-Tech International (SZSE:002005 Investor Five-year Losses Grow to 50% as the Stock Sheds CN¥386m This Past Week
Elec-Tech International (SZSE:002005 Investor Five-year Losses Grow to 50% as the Stock Sheds CN¥386m This Past Week
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But in any portfolio, there will be mixed results between individual stocks. At this point some shareholders may be questioning their investment in Elec-Tech International Co., Ltd. (SZSE:002005), since the last five years saw the share price fall 50%. And some of the more recent buyers are probably worried, too, with the stock falling 26% in the last year. Shareholders have had an even rougher run lately, with the share price down 25% in the last 90 days. However, one could argue that the price has been influenced by the general market, which is down 19% in the same timeframe.
为了证明选择个股的努力是合理的,值得努力超过市场指数基金的回报。但是在任何投资组合中,个股之间的结果都会好坏参半。此时,一些股东可能会质疑他们对电子科技国际有限公司(SZSE:002005)的投资,因为在过去五年中,股价下跌了50%。一些最近的买家可能也感到担忧,该股去年下跌了26%。股东们最近的表现更加艰难,股价在过去90天中下跌了25%。但是,有人可能会争辩说,价格受到了总体市场的影响,同期下跌了19%。
If the past week is anything to go by, investor sentiment for Elec-Tech International isn't positive, so let's see if there's a mismatch between fundamentals and the share price.
如果过去一周有意义的话,那么投资者对Elec-Tech International的情绪并不乐观,所以让我们看看基本面与股价之间是否存在不匹配的情况。
Elec-Tech International isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. When a company doesn't make profits, we'd generally expect to see good revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
Elec-Tech International目前没有盈利,因此大多数分析师会着眼于收入的增长,以了解基础业务的增长速度。当一家公司没有盈利时,我们通常预计收入会有良好的增长。可以想象,收入的快速增长如果持续下去,通常会带来利润的快速增长。
In the last five years Elec-Tech International saw its revenue shrink by 27% per year. That's definitely a weaker result than most pre-profit companies report. On the face of it we'd posit the share price fall of 8% compound, over five years is well justified by the fundamental deterioration. We doubt many shareholders are delighted with this share price performance. It is possible for businesses to bounce back but as Buffett says, 'turnarounds seldom turn'.
在过去的五年中,电子技术国际的收入每年减少27%。这绝对比大多数盈利前公司报告的结果要差。从表面上看,我们认为股价在五年内复合下跌8%,这完全是基本面恶化所证明的。我们怀疑许多股东对这种股价表现感到满意。企业有可能反弹,但正如巴菲特所说,“转机很少会转机”。
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/7781/20240206/0-043acbf8ec2d0f1bb8cedb0ab8ffc336-0-376264a529368bdfa4b18ce78d4208e1.png/big)
This free interactive report on Elec-Tech International's balance sheet strength is a great place to start, if you want to investigate the stock further.
如果你想进一步调查该股,这份关于Elec-Tech International资产负债表实力的免费互动报告是一个很好的起点。
A Different Perspective
不同的视角
Elec-Tech International shareholders are down 26% over twelve months, which isn't far from the market return of -26%. Unfortunately, last year's performance is a deterioration of an already poor long term track record, given the loss of 8% per year over the last five years. It will probably take a substantial improvement in the fundamental performance for the company to reverse this trend. 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 Elec-Tech International is showing 1 warning sign in our investment analysis , you should know about...
Elec-Tech International的股东在十二个月内下跌了26%,与-26%的市场回报率相差不远。不幸的是,鉴于过去五年中每年亏损8%,去年的表现比本已糟糕的长期记录有所恶化。该公司的基本业绩可能需要大幅改善才能扭转这一趋势。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。即便如此,请注意,Elec-Tech International在我们的投资分析中显示了1个警告信号,您应该知道...
Of course Elec-Tech International may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,Elec-Tech International可能不是最好的买入股票。因此,您可能希望看到这批免费的成长股。
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。