Investors Three-year Losses Continue as JoyoungLtd (SZSE:002242) Dips a Further 4.3% This Week, Earnings Continue to Decline
Investors Three-year Losses Continue as JoyoungLtd (SZSE:002242) Dips a Further 4.3% This Week, Earnings Continue to Decline
The truth is that if you invest for long enough, you're going to end up with some losing stocks. But long term Joyoung Co.,Ltd (SZSE:002242) shareholders have had a particularly rough ride in the last three year. Sadly for them, the share price is down 63% in that time. And over the last year the share price fell 35%, so we doubt many shareholders are delighted.
事实是,如果你投资足够长的时间,你最终会有一些亏损的股票。但是从长远来看 Joyoung Co., Ltd(深圳证券交易所:002242)的股东在过去三年中经历了特别艰难的经历。对他们来说,可悲的是,当时股价下跌了63%。在过去的一年中,股价下跌了35%,因此我们怀疑许多股东是否感到高兴。
Given the past week has been tough on shareholders, let's investigate the fundamentals and see what we can learn.
鉴于过去一周对股东来说很艰难,让我们调查一下基本面,看看我们能学到什么。
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
虽然市场是一种强大的定价机制,但股价反映了投资者的情绪,而不仅仅是潜在的业务表现。考虑市场对公司的看法发生了怎样的变化的一种不完美但简单的方法是将每股收益(EPS)的变化与股价走势进行比较。
During the three years that the share price fell, JoyoungLtd's earnings per share (EPS) dropped by 23% each year. This change in EPS is reasonably close to the 28% average annual decrease in the share price. That suggests that the market sentiment around the company hasn't changed much over that time, despite the disappointment. It seems like the share price is reflecting the declining earnings per share.
在股价下跌的三年中,JoyoungLtd的每股收益(EPS)每年下降23%。每股收益的变化相当接近股价平均年下降28%。这表明,尽管令人失望,但在这段时间内,公司周围的市场情绪并没有太大变化。股价似乎反映了每股收益的下降。
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/7781/20240325/0-b54553b4f6d428c7d669a093f7f44db9-0-6fc63adee67a02e18c22e042e43a0dcc.png/big)
This free interactive report on JoyoungLtd's earnings, revenue and cash flow 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JoyoungLtd收益、收入和现金流的免费互动报告是一个很好的起点。
What About The Total Shareholder Return (TSR)?
那么股东总回报(TSR)呢?
Investors should note that there's a difference between JoyoungLtd's total shareholder return (TSR) and its share price change, which we've covered above. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. JoyoungLtd's TSR of was a loss of 57% for the 3 years. That wasn't as bad as its share price return, because it has paid dividends.
投资者应注意,JoyoungLtd的股东总回报率(TSR)与其股价变动之间存在差异,我们在上面已经介绍了这一点。股东总回报率是一种回报计算方法,它考虑了现金分红的价值(假设收到的任何股息都经过再投资)以及任何贴现资本筹集和分拆的计算价值。JoyoungLtd的股东总回报率在3年中亏损了57%。这还不如其股价回报率那么糟糕,因为它已经支付了股息。
A Different Perspective
不同的视角
While the broader market lost about 13% in the twelve months, JoyoungLtd shareholders did even worse, losing 34%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 8% over the last half decade. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. It's always interesting to track share price performance over the longer term. But to understand JoyoungLtd better, we need to consider many other factors. Even so, be aware that JoyoungLtd is showing 1 warning sign in our investment analysis , you should know about...
尽管整个市场在十二个月中下跌了约13%,但JoyoungLtd股东的表现甚至更糟,下跌了34%。但是,可能只是股价受到了更广泛的市场紧张情绪的影响。如果有很好的机会,可能值得关注基本面。不幸的是,去年的表现可能预示着尚未解决的挑战,因为它比过去五年中8%的年化亏损还要糟糕。我们意识到罗斯柴尔德男爵曾说过,投资者应该 “在街头流血时买入”,但我们警告说,投资者应首先确保他们购买的是高质量的企业。长期跟踪股价表现总是很有意思的。但是,为了更好地了解JoyoungLtd,我们需要考虑许多其他因素。即便如此,请注意,JoyoungLTD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 JoyoungLtd may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,JoyoungLtd可能不是最值得购买的股票。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。