Investors One-year Losses Continue as China Animal Husbandry Industry (SHSE:600195) Dips a Further 6.8% This Week, Earnings Continue to Decline
Investors One-year Losses Continue as China Animal Husbandry Industry (SHSE:600195) Dips a Further 6.8% This Week, Earnings Continue to Decline
It's easy to match the overall market return by buying an index fund. When you buy individual stocks, you can make higher profits, but you also face the risk of under-performance. For example, the China Animal Husbandry Industry Co., Ltd. (SHSE:600195) share price is down 48% in the last year. That's disappointing when you consider the market declined 19%. Notably, shareholders had a tough run over the longer term, too, with a drop of 35% in the last three years. Furthermore, it's down 26% in about a quarter. That's not much fun for holders.
通过购买指数基金,很容易跟踪总体市场回报。当购买个股时,你可以获得更高的利润,但也面临着表现低于市场的风险。例如,中牧股份股价在过去一年中下跌了48%,而市场下跌了19%。值得注意的是,股东在长期内也遭遇了艰辛,最近三年下跌了35%。此外,股价在约一季度内下跌了26%,持有者并不开心。
Given the past week has been tough on shareholders, let's investigate the fundamentals and see what we can learn.
考虑到过去一周对股东来说是艰难的,让我们调查一下基本面并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. 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.
尽管市场是一个强大的定价机制,股价不仅反映了基本业务表现,还反映了投资者的情绪。通过比较每股收益(EPS)和股价变化,并随时间推移这样做,我们可以了解股东对公司的态度如何随时间变化。
Unhappily, China Animal Husbandry Industry had to report a 39% decline in EPS over the last year. This proportional reduction in earnings per share isn't far from the 48% decrease in the share price. So it seems that the market sentiment has not changed much, despite the weak results. Rather, the share price is remains a similar multiple of the EPS, suggesting the outlook remains the same.
不幸的是,中牧股份去年的每股收益下降了39%。每股收益的比例减少并不远离股价下降的48%。因此,尽管收益疲软,市场情绪似乎并没有改变太多。相反,股价仍然与每股收益保持着相似的倍数,表明前景依然相同。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
下面可以看到每股收益随时间的变化情况(通过点击图像来查看确切数值)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240725/0-987442ded8889d277607f21dbc5c2050-0-a8e9ced9a3e3ba988b25659344d0da9a.png/big)
This free interactive report on China Animal Husbandry Industry'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股票,可以从中国畜牧业工业自由互动报告中了解中牧股份的收益、营业收入和现金流等方面的信息。
A Different Perspective
不同的观点
While the broader market lost about 19% in the twelve months, China Animal Husbandry Industry shareholders did even worse, losing 47% (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. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 5% 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 China Animal Husbandry Industry better, we need to consider many other factors. Take risks, for example - China Animal Husbandry Industry has 2 warning signs we think you should be aware of.
尽管整个市场在过去的12个月中损失了约19%,但中牧股份的股东却表现得更糟,损失了47%(包括股息)。话虽如此,在熊市中股票过度抛售是不可避免的。关键是要关注基本面的发展。不幸的是,去年的表现表明还存在解决的挑战,因为它比过去半个世纪的年化损失5%更糟糕。我们知道巴伦·罗斯柴尔德曾说投资者应该“在街头流血时买进”,但我们提醒投资者首先要确保购买高质量的企业。长期跟踪股价表现总是有趣的。但为了更好地了解中牧股份,我们需要考虑许多其他因素。例如,承担风险——中牧股份存在2个警告信号,我们认为你应该意识到。
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。