The Five-year Shareholder Returns and Company Earnings Persist Lower as ArcSoft (SHSE:688088) Stock Falls a Further 5.4% in Past Week
The Five-year Shareholder Returns and Company Earnings Persist Lower as ArcSoft (SHSE:688088) Stock Falls a Further 5.4% in Past Week
Statistically speaking, long term investing is a profitable endeavour. But unfortunately, some companies simply don't succeed. For example, after five long years the ArcSoft Corporation Limited (SHSE:688088) share price is a whole 61% lower. That's not a lot of fun for true believers. We also note that the stock has performed poorly over the last year, with the share price down 31%. More recently, the share price has dropped a further 12% in a month.
长期投资从统计上来说是有盈利的。但不幸的是,有些公司并不能成功。比如,经过五年后,虹软科技(SHSE:688088)的股价下跌了整整61%。对于真正的信徒们来说这并不好玩。我们还注意到,该股在过去的一年里表现不佳,股价下跌了31%。最近,股价在一个月内又下跌了12%。
Since ArcSoft has shed CN¥601m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.
由于虹软科技在过去7天内损失了60100万元人民币的价值,让我们来看看长期的下跌是否受到了公司经济的推动。
There is no denying that markets are sometimes efficient, but prices do not always reflect 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.
不可否认的是,市场有时是高效的,但价格并不总是反映潜在的商业表现。一个不完美但简单的方法来考虑公司市场感知如何改变是比较每股收益(EPS)变化和股价变动。
During the five years over which the share price declined, ArcSoft's earnings per share (EPS) dropped by 11% each year. Readers should note that the share price has fallen faster than the EPS, at a rate of 17% per year, over the period. So it seems the market was too confident about the business, in the past. Having said that, the market is still optimistic, given the P/E ratio of 110.75.
在股价下跌的五年期间,虹软科技的每股收益(EPS)每年下降11%。读者应该注意到,股价下跌的速度比EPS快,该期间股价每年下降了17%。所以,过去市场对该业务太过自信。尽管如此,市场仍然乐观,给出110.75的市盈率。
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
该公司的每股收益(随时间的推移)如下图所示(单击可查看确切数字)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240724/0-7b8b0f1696711b41598cb2658fad7132-0-01f6d5432ac846ad2b5c330843f2b0d2.png/big)
We know that ArcSoft has improved its bottom line lately, but is it going to grow revenue? If you're interested, you could check this free report showing consensus revenue forecasts.
我们知道虹软科技最近提高了底线,但它是否会增长营业收入呢?如果您有兴趣,可以查看这份免费报告,显示共识收入预测。
A Different Perspective
不同的观点
While the broader market lost about 15% in the twelve months, ArcSoft shareholders did even worse, losing 31% (even including dividends). 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. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 10% 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. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that ArcSoft is showing 1 warning sign in our investment analysis , you should know about...
虽然整个市场在一年中损失了约15%,但虹软科技的股东们损失更为严重,包括分红在内,损失了31%。尽管如此,在下跌市场中一些股票过度抛售是不可避免的。关键是要关注基本面的发展。遗憾的是,去年的表现又为股东们带来了连续五年的总损失10%。一般来说,长期股价走弱可能是一个不好的迹象,尽管有反向投资者可能想研究该股票,以期逆势反转。虽然考虑市场条件可能对股价产生的不同影响是值得的,但还有其他更重要因素。即便如此,请注意,虹软科技在我们的投资分析中显示出了警示信号,您需要知道…
If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying.
如果您像我一样,就不会希望错过这份免费的内部人士正在购买的低估小市值股票列表。
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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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.
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@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
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。