Investors Five-year Losses Continue as Shanghai Stonehill Technology (SZSE:002195) Dips a Further 4.0% This Week, Earnings Continue to Decline
Investors Five-year Losses Continue as Shanghai Stonehill Technology (SZSE:002195) Dips a Further 4.0% This Week, Earnings Continue to Decline
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But even the best stock picker will only win with some selections. So we wouldn't blame long term Shanghai Stonehill Technology Co., Ltd. (SZSE:002195) shareholders for doubting their decision to hold, with the stock down 37% over a half decade. And it's not just long term holders hurting, because the stock is down 20% in the last year. The falls have accelerated recently, with the share price down 18% in the last three months.
为了证明个股选择的价值,我们值得努力争取超过市场指数基金回报。但即使是最好的选股者也只能在某些选择上赢得胜利。所以,长期持有股票的岩山科技股份有限公司(SZSE:002195)股东对于持有决策产生了怀疑,因为股票在过去的5年中下跌了37%。而不仅是长期持有者受损,因为股票在过去一年中下跌了20%。近期下跌加剧,股价在过去三个月中下跌了18%。
With the stock having lost 4.0% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.
由于过去一周股票下跌了4.0%,我们值得关注业务表现并查看是否有任何风险。
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' 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.
引用巴菲特的话顺便说一下,“船只将环游世界,但支持地球平面学会的人将大有可为。 在市场上,价格和价值之间将继续存在巨大的差异...”通过比较EPS和股价变化,我们可以了解到投资者对公司的态度随时间的变化程度。
Shanghai Stonehill Technology became profitable within the last five years. That would generally be considered a positive, so we are surprised to see the share price is down. Other metrics may better explain the share price move.
岩山科技在过去5年内实现盈利,这通常被认为是一个积极的因素,因此我们对股价下跌感到惊讶。其他指标可能更好地解释股价的变动。
We don't think that the 0.4% is big factor in the share price, since it's quite small, as dividends go. It could be that the revenue decline of 44% per year is viewed as evidence that Shanghai Stonehill Technology is shrinking. This has probably encouraged some shareholders to sell down the stock.
我们认为0.4%不是股价的大因素,因为从派息的角度来看,这相当小。由于每年的营业收入下降了44%,可能意味着岩山科技正在缩小规模,这可能鼓励一些股东抛售该股票。
The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).
以下图像显示了公司的营业收入和盈利(随时间变化)(单击以查看准确的数字)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240713/0-6510073f508c8d118d3c884cb02f9b5e-0-0f290118e3299524f338468da858a1b8.png/big)
This free interactive report on Shanghai Stonehill Technology's balance sheet strength is a great place to start, if you want to investigate the stock further.
如果您想进一步调查股票,可以从这份关于岩山科技资产负债表强度的免费互动报告开始。
A Different Perspective
不同的观点
We regret to report that Shanghai Stonehill Technology shareholders are down 20% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 17%. 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 6% over the last half decade. 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. 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. Take risks, for example - Shanghai Stonehill Technology has 1 warning sign we think you should be aware of.
不幸的是,岩山科技的股东今年已经亏损了20%(即使包括股息)。不过,这比更广泛的市场下跌(17%)要差。话虽如此,在下滑的市场中,一些股票被过度抛售是不可避免的。关键是要关注基本面发展。不幸的是,去年的业绩可能表明存在未解决的挑战,因为它比过去5年年化损失的6%还要差。一般来说,长期的股价疲软可能是一个不好的迹象,但是持不同意见的投资者可能希望研究这只股票,希望反转局面。我觉得长期股价作为业务表现的替代是非常有趣的。但是为了真正获得洞察力,我们还需要考虑其他信息。例如,承担风险——岩山科技有1个警告信号,我们认为您应该知道。
Of course Shanghai Stonehill Technology may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,岩山科技可能不是最好的股票购买选择。因此,您可能希望查看这些增长型股票的免费收藏。
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。
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.
对本文有反馈?对内容感到担忧?请直接与我们联系。或者,发送电子邮件至editorial-team (at) simplywallst.com。
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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有反馈?对内容感到担忧?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。