Anhui Liuguo Chemical (SHSE:600470 Shareholders Incur Further Losses as Stock Declines 17% This Week, Taking One-year Losses to 36%
Anhui Liuguo Chemical (SHSE:600470 Shareholders Incur Further Losses as Stock Declines 17% This Week, Taking One-year Losses to 36%
Investors can approximate the average market return by buying an index fund. Active investors aim to buy stocks that vastly outperform the market - but in the process, they risk under-performance. For example, the Anhui Liuguo Chemical Co., Ltd. (SHSE:600470) share price is down 36% in the last year. That contrasts poorly with the market decline of 17%. However, the longer term returns haven't been so bad, with the stock down 12% in the last three years. The falls have accelerated recently, with the share price down 29% in the last three months.
投资者可以通过购买指数基金来估算平均市场回报。活跃的投资者的目标是购买表现大大优于市场的股票,但在此过程中,他们面临表现不佳的风险。例如,安徽六国化工股份有限公司(上海证券交易所股票代码:600470)的股价在去年下跌了36%。这与市场下跌17%形成鲜明对比。但是,长期回报并没有那么糟糕,该股在过去三年中下跌了12%。最近跌势加速,股价在过去三个月中下跌了29%。
With the stock having lost 17% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.
由于该股在过去一周下跌了17%,值得一看业务表现,看看是否有任何危险信号。
Anhui Liuguo Chemical wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. Some companies are willing to postpone profitability to grow revenue faster, but in that case one would hope for good top-line growth to make up for the lack of earnings.
安徽六国化工在过去十二个月中没有盈利,我们不太可能看到其股价与每股收益(EPS)之间存在很强的相关性。可以说,收入是我们的下一个最佳选择。一般而言,没有利润的公司预计每年收入将增长,而且速度很快。一些公司愿意推迟盈利以更快地增加收入,但在这种情况下,人们希望良好的收入增长来弥补收益不足。
Anhui Liuguo Chemical's revenue didn't grow at all in the last year. In fact, it fell 15%. That's not what investors generally want to see. The stock price has languished lately, falling 36% in a year. What would you expect when revenue is falling, and it doesn't make a profit? It's hard to escape the conclusion that buyers must envision either growth down the track, cost cutting, or both.
去年,安徽六国化工的收入根本没有增长。实际上,它下降了15%。这不是投资者普遍希望看到的。股价最近一直低迷,一年内下跌了36%。当收入下降且没有盈利时,你会期待什么?很难逃避这样的结论,即买家必须设想要么实现增长,要么削减成本,要么两者兼而有之。
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/7781/20240417/0-672c80d148bb766380270d8643a57858-0-e0db2677513d025403f3fd8316f63017.png/big)
If you are thinking of buying or selling Anhui Liuguo Chemical stock, you should check out this FREE detailed report on its balance sheet.
如果您正在考虑买入或卖出安徽六国化工的股票,则应在其资产负债表上查看这份免费的详细报告。
A Different Perspective
不同的视角
While the broader market lost about 17% in the twelve months, Anhui Liuguo Chemical shareholders did even worse, losing 36%. 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. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 4% 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. You might want to assess this data-rich visualization of its earnings, revenue and cash flow.
尽管整个市场在十二个月中下跌了约17%,但安徽六国化工股东的表现甚至更糟,跌幅为36%。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。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4%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。您可能需要评估其收益、收入和现金流的这种数据丰富的可视化效果。
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.
如果你想看看另一家公司——一家财务状况可能优异的公司——那么千万不要错过这份已经证明自己可以增加收益的公司的免费名单。
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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
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。