Zhi Sheng Group Holdings Limited (HKG:8370) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Zhi Sheng Group Holdings Limited (HKG:8370) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
The Zhi Sheng Group Holdings Limited (HKG:8370) share price has softened a substantial 28% over the previous 30 days, handing back much of the gains the stock has made lately. The drop over the last 30 days has capped off a tough year for shareholders, with the share price down 17% in that time.
智升集团控股有限公司(HKG: 8370)的股价在过去30天中大幅下跌了28%,收回了该股最近的大部分涨幅。过去30天的下跌结束了股东艰难的一年,当时股价下跌了17%。
Although its price has dipped substantially, there still wouldn't be many who think Zhi Sheng Group Holdings' price-to-sales (or "P/S") ratio of 0.6x is worth a mention when the median P/S in Hong Kong's Commercial Services industry is similar at about 0.4x. Although, it's not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
尽管其价格已大幅下跌,但当香港商业服务行业的市盈率中位数约为0.4倍时,仍不会有多少人认为智升集团控股0.6倍的市销率(或 “市盈率”)值得一提。但是,不加解释地忽略市销率是不明智的,因为投资者可能会忽视一个明显的机会或一个代价高昂的错误。
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SEHK:8370 Price to Sales Ratio vs Industry March 15th 2024
SEHK: 8370 2024 年 3 月 15 日与行业的股价销售比率
What Does Zhi Sheng Group Holdings' P/S Mean For Shareholders?
智升集团控股的市销率对股东意味着什么?
For instance, Zhi Sheng Group Holdings' receding revenue in recent times would have to be some food for thought. It might be that many expect the company to put the disappointing revenue performance behind them over the coming period, which has kept the P/S from falling. If you like the company, you'd at least be hoping this is the case so that you could potentially pick up some stock while it's not quite in favour.
例如,智升集团控股公司近期收入的下降值得深思。许多人可能预计,该公司将在未来一段时间内将令人失望的收入表现抛在脑后,这阻止了市销售率的下降。如果你喜欢这家公司,你至少希望情况确实如此,这样你就有可能在它不太受青睐的情况下买入一些股票。
Although there are no analyst estimates available for Zhi Sheng Group Holdings, take a look at this free data-rich visualisation to see how the company stacks up on earnings, revenue and cash flow.
尽管尚无分析师对智胜集团控股的估计,但看看这个免费的数据丰富的可视化工具,看看该公司的收益、收入和现金流是如何积累的。
How Is Zhi Sheng Group Holdings' Revenue Growth Trending?
智升集团控股的收入增长趋势如何?
There's an inherent assumption that a company should be matching the industry for P/S ratios like Zhi Sheng Group Holdings' to be considered reasonable.
人们固有的假设是,公司应该与行业相提并论,这样智胜集团控股的市销率才算合理。
Retrospectively, the last year delivered a frustrating 31% decrease to the company's top line. As a result, revenue from three years ago have also fallen 7.6% overall. So unfortunately, we have to acknowledge that the company has not done a great job of growing revenue over that time.
回顾过去,去年该公司的收入下降了31%,令人沮丧。结果,三年前的总体收入也下降了7.6%。因此,不幸的是,我们必须承认,在这段时间内,该公司在增加收入方面做得不好。
In contrast to the company, the rest of the industry is expected to grow by 5.6% over the next year, which really puts the company's recent medium-term revenue decline into perspective.
与该公司形成鲜明对比的是,该行业的其他部门预计明年将增长5.6%,这确实可以看出该公司最近的中期收入下降。
With this information, we find it concerning that Zhi Sheng Group Holdings is trading at a fairly similar P/S compared to the industry. It seems most investors are ignoring the recent poor growth rate and are hoping for a turnaround in the company's business prospects. Only the boldest would assume these prices are sustainable as a continuation of recent revenue trends is likely to weigh on the share price eventually.
根据这些信息,我们发现智升集团控股的交易市销率与该行业相似。看来大多数投资者都忽视了最近的糟糕增长率,并希望公司的业务前景有所好转。只有最大胆的人才会假设这些价格是可持续的,因为近期收入趋势的延续最终可能会压制股价。
The Bottom Line On Zhi Sheng Group Holdings' P/S
智升集团控股市销率的底线
With its share price dropping off a cliff, the P/S for Zhi Sheng Group Holdings looks to be in line with the rest of the Commercial Services industry. While the price-to-sales ratio shouldn't be the defining factor in whether you buy a stock or not, it's quite a capable barometer of revenue expectations.
随着其股价跌下悬崖,智升集团控股的市销率似乎与其他商业服务行业持平。尽管市销率不应该成为决定你是否买入股票的决定性因素,但它是衡量收入预期的有力晴雨表。
We find it unexpected that Zhi Sheng Group Holdings trades at a P/S ratio that is comparable to the rest of the industry, despite experiencing declining revenues during the medium-term, while the industry as a whole is expected to grow. Even though it matches the industry, we're uncomfortable with the current P/S ratio, as this dismal revenue performance is unlikely to support a more positive sentiment for long. Unless the recent medium-term conditions improve markedly, investors will have a hard time accepting the share price as fair value.
我们发现,尽管中期收入有所下降,但智升集团控股的市销率却与该行业其他部门相当,这出乎意料,而整个行业预计将增长。尽管它与行业相匹配,但我们对当前的市销率感到不舒服,因为这种惨淡的收入表现不太可能长期支持更积极的情绪。除非最近的中期状况明显改善,否则投资者将很难接受股价作为公允价值。
We don't want to rain on the parade too much, but we did also find 3 warning signs for Zhi Sheng Group Holdings that you need to be mindful of.
我们不想在游行队伍中下太多雨,但我们也确实发现了智升集团控股的三个警示标志,你需要注意。
It's important to make sure you look for a great company, not just the first idea you come across. So if growing profitability aligns with your idea of a great company, take a peek at this free list of interesting companies with strong recent earnings growth (and a low P/E).
重要的是要确保你寻找一家优秀的公司,而不仅仅是你遇到的第一个想法。因此,如果盈利能力的增长与你对一家优秀公司的想法一致,那就来看看这份免费名单吧,列出了最近收益增长强劲(市盈率低)的有趣公司。
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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。