The Past One-year Earnings Decline for Shanxi Meijin EnergyLtd (SZSE:000723) Likely Explains Shareholders Long-term Losses
The Past One-year Earnings Decline for Shanxi Meijin EnergyLtd (SZSE:000723) Likely Explains Shareholders Long-term Losses
Shanxi Meijin Energy Co.,Ltd. (SZSE:000723) shareholders should be happy to see the share price up 10% in the last month. But in truth the last year hasn't been good for the share price. In fact, the price has declined 34% in a year, falling short of the returns you could get by investing in an index fund.
山西美锦能源有限公司, Ltd.(深圳证券交易所代码:000723)股东应该很高兴看到上个月股价上涨了10%。但实际上,去年对股价不利。实际上,价格在一年内下跌了34%,未达到投资指数基金所能获得的回报。
While the last year has been tough for Shanxi Meijin EnergyLtd 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.
尽管去年对山西美锦能源有限公司的股东来说是艰难的一年,但过去一周显示出希望的迹象。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。
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. 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.
尽管一些人继续教导高效市场假说,但事实证明,市场是反应过度的动态系统,投资者并不总是理性的。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。
Unfortunately Shanxi Meijin EnergyLtd reported an EPS drop of 61% for the last year. The share price fall of 34% isn't as bad as the reduction in earnings per share. So the market may not be too worried about the EPS figure, at the moment -- or it may have expected earnings to drop faster.
不幸的是,山西美锦能源有限公司报告称,去年每股收益下降了61%。股价下跌34%还不如每股收益的下降那么严重。因此,目前市场可能不太担心每股收益的数字,或者可能预计收益会更快地下降。
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
下图描述了 EPS 随着时间的推移是如何变化的(点击图片可以看到确切的值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240229/0-21c01ab6e731c8fb49a1167fac83c373-0-d96f3608ad51f79e1075d05266a29a84.png/big)
It's probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. It might be well worthwhile taking a look at our free report on Shanxi Meijin EnergyLtd's earnings, revenue and cash flow.
可能值得注意的是,首席执行官的薪水低于类似规模公司的中位数。但是,尽管首席执行官的薪酬总是值得检查的,但真正重要的问题是公司未来能否增加收益。可能值得一看我们关于山西美锦能源有限公司收益、收入和现金流的免费报告。
A Different Perspective
不同的视角
We regret to report that Shanxi Meijin EnergyLtd shareholders are down 34% for the year. Unfortunately, that's worse than the broader market decline of 16%. Having said that, it's inevitable that some stocks will be oversold in a falling market. The key is to keep your eyes on the fundamental developments. On the bright side, long term shareholders have made money, with a gain of 3% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. 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 2 warning signs for Shanxi Meijin EnergyLtd (1 is a bit concerning!) that you should be aware of before investing here.
我们遗憾地报告,山西美锦能源有限公司的股东今年下跌了34%。不幸的是,这比整个市场16%的跌幅还要严重。话虽如此,在下跌的市场中,一些股票不可避免地会被超卖。关键是要密切关注基本发展。好的一面是,长期股东赚了钱,在过去的五年中,每年增长3%。如果基本面数据继续显示长期可持续增长,那么当前的抛售可能是一个值得考虑的机会。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,我们发现了山西美锦能源有限公司的 2 个警告标志(1 个有点令人担忧!)在这里投资之前,您应该注意这一点。
But note: Shanxi Meijin EnergyLtd may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
但请注意:山西美锦能源有限公司可能不是最好的买入股票。因此,来看看这份过去盈利增长(以及进一步增长预测)的有趣公司的免费清单。
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。