Hainan Jingliang Holdings (SZSE:000505) Shareholders Have Lost 25% Over 1 Year, Earnings Decline Likely the Culprit
Hainan Jingliang Holdings (SZSE:000505) Shareholders Have Lost 25% Over 1 Year, Earnings Decline Likely the Culprit
Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can do both better or worse than that. Investors in Hainan Jingliang Holdings Co., Ltd. (SZSE:000505) have tasted that bitter downside in the last year, as the share price dropped 25%. That's well below the market decline of 10%. Zooming out, the stock is down 24% in the last three years. Even worse, it's down 15% in about a month, which isn't fun at all.
投资者可以通过购买指数基金来近似平均市场回报率。但是,如果您购买个别股票,您的表现可能会更好或更差。海南京粮股份有限公司(SZSE:000505)的投资者在过去一年中尝到了这一苦涩的下跌,股价下跌了25%。这远远低于市场下跌的10%。放大,股票在过去三年中下跌了24%。更糟糕的是,它在大约一个月的时间内下跌了15%,这一点都不有趣。
After losing 9.5% this past week, it's worth investigating the company's fundamentals to see what we can infer from past performance.
这周失去了9.5%之后,值得调查公司的基本面,看看我们可以从过去的表现中推断出什么。
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. 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.
在他的文章《格雷厄姆和多德斯维尔超级投资者》中,沃伦·巴菲特描述了股票价格并不总是反映公司价值的合理方式。考虑市场对公司的看法如何发生变化的一个不完美但简单的方法是将每股收益(EPS)的变化与股价的变动进行比较。股票价格并不总是反映公司价值的合理方式在股价上涨的5年中,新加坡交易所由亏损逐渐转为盈利。而在之后的12个月内,该公司的财务报表则呈亏损状态,这表明它的盈利能力不可靠。其他指标可能会更好地反映公司的价值变化。
Unhappily, Hainan Jingliang Holdings had to report a 37% decline in EPS over the last year. This fall in the EPS is significantly worse than the 25% the share price fall. It may have been that the weak EPS was not as bad as some had feared. Indeed, with a P/E ratio of 46.34 there is obviously some real optimism that earnings will bounce back.
不幸的是,海南京粮股份有限公司去年的每股收益下降了37%。EPS的下跌比股价下跌25%还要严重。也许疲弱的EPS并不像一些人担心的那样糟糕。实际上,鉴于P / E比率为46.34,显然确实存在一些真正的乐观主义,即收益将反弹。
You can see how EPS has changed over time in the image below (click on the chart to see the exact values).
您可以在下面的图片中查看每股收益如何随时间变化(单击图表以查看确切的价值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240607/0-626f85113bbc1c73ee281a256c7bfdf0-0-e87fc12b1fa9a5b26523e29827bb27a6.png/big)
Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.
在购买或出售股票之前,我们始终建议仔细研究历史增长趋势,此处提供。
A Different Perspective
不同的观点
While the broader market lost about 10% in the twelve months, Hainan Jingliang Holdings shareholders did even worse, losing 25% (even including dividends). 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. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 4% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. It's always interesting to track share price performance over the longer term. But to understand Hainan Jingliang Holdings better, we need to consider many other factors. For instance, we've identified 4 warning signs for Hainan Jingliang Holdings (1 is a bit unpleasant) that you should be aware of.
虽然整个市场在十二个月中失去了约10%,但海南京粮股份有限公司的股东们做得更差,损失了25%(包括股息)。但是,股价可能受到更广泛的市场担忧的影响。有可能值得关注基本面,以防出现良机。不幸的是,去年的表现结束了一个糟糕的运行,股东面临了每年总损失4%的情况,在五年中股价长期疲软通常是一个不好的迹象,尽管做反向投资者可能想研究一下股票,希望能扭转局面。
Of course Hainan Jingliang Holdings may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,海南京粮股份有限公司可能不是最好的股票买入选择。因此,您可能希望查看这个免费的成长股票收藏。
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上市的股票的市场加权平均回报。
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这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。