Further Weakness as LingNan Eco&Culture-TourismLtd (SZSE:002717) Drops 21% This Week, Taking Five-year Losses to 79%
Further Weakness as LingNan Eco&Culture-TourismLtd (SZSE:002717) Drops 21% This Week, Taking Five-year Losses to 79%
Long term investing works well, but it doesn't always work for each individual stock. We don't wish catastrophic capital loss on anyone. Imagine if you held LingNan Eco&Culture-Tourism Co.,Ltd. (SZSE:002717) for half a decade as the share price tanked 79%. And it's not just long term holders hurting, because the stock is down 69% in the last year. The falls have accelerated recently, with the share price down 48% in the last three months.
长期投资效果良好,但并不总是适用于每只个股。我们不希望任何人遭受灾难性资本损失。 想象一下如果你持有岭南生态旅游股份有限公司(SZSE:002717) 的股票,最后5年股价暴跌了79%。不只是长期持有者受到了伤害,因为在过去的一年中该股票下跌了69%。 近期跌势有所加速,股价在过去三个月下跌了48%。
Since LingNan Eco&Culture-TourismLtd has shed CN¥455m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.
由于岭南生态旅游股份有限公司在过去7天中缩减了4,550万人民币, 让我们来看看更长时间的下跌是否由公司的经济规模所致。
LingNan Eco&Culture-TourismLtd isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. When a company doesn't make profits, we'd generally hope to see good revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
目前岭南生态旅游股份有限公司还没有盈利能力,所以大多数分析师会关注其营业收入增长情况以了解基础业务增长速度。当一家公司没有盈利时,我们通常希望能看到良好的营业收入增长。可以想象,保持快速的营业收入增长,通常会导致快速的盈利增长。 在过去5年里,岭南生态旅游股份有限公司的营业收入年均下滑29%。这绝对是大多数无利润公司报告的较差结果。因此,不难看出在同一时期内股价下降了12%。这样的价格表现使我们非常警惕,特别是与营收下降相结合时。具有讽刺意味的是,这种行为可能会为反向投资者创造机会-但只有在有充分理由预测更好的未来时才会如此。
In the last five years LingNan Eco&Culture-TourismLtd saw its revenue shrink by 29% per year. That's definitely a weaker result than most pre-profit companies report. So it's not altogether surprising to see the share price down 12% per year in the same time period. This kind of price performance makes us very wary, especially when combined with falling revenue. Ironically, that behavior could create an opportunity for the contrarian investor - but only if there are good reasons to predict a brighter future.
我认为长期的股票价格表现是企业绩效的代理,非常有趣。但要真正获得洞察力,我们还需要考虑其他信息。考虑风险,例如。每个公司都有自己的风险,我们已经发现了岭南生态旅游股份有限公司存在3个警示信号,您应该知道。但请注意:岭南生态旅游股份有限公司可能不是最好的股票。因此,请查看具有过去盈利增长(以及进一步增长预测)的有趣公司的免费列表。
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
下图显示了收益和营收随时间变化的情况(如果你点击图像,可以看到更多细节):
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240813/0-d9e7c15626418ae6b49e05c5e36be1b8-0-fac70b111af2a546078cc65f49cedf74.png/big)
If you are thinking of buying or selling LingNan Eco&Culture-TourismLtd stock, you should check out this FREE detailed report on its balance sheet.
如果您考虑买入或卖出岭南生态旅游股份有限公司的股票,则应查看其资产负债表的此免费详细报告。
A Different Perspective
不同的观点
While the broader market lost about 18% in the twelve months, LingNan Eco&Culture-TourismLtd shareholders did even worse, losing 69%. 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 12% 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. 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. Consider risks, for instance. Every company has them, and we've spotted 3 warning signs for LingNan Eco&Culture-TourismLtd you should know about.
虽然整个市场在过去12个月中损失约18%,但岭南生态旅游股份有限公司的股东们遭受了更大的损失,损失达69%。尽管如此,不可避免地一些股票会在下跌市场中被卖过度,关键是注意基本面的发展情况。不幸的是,去年的表现可能表明存在未解决的挑战,因为它比过去半个世纪的年化亏损12%更糟糕。我们知道Baron Rothschild曾说过投资者应该“在街上有血流时购买”,但我们提醒投资者首先要确信他们正在购买高品质的企业。
But note: LingNan Eco&Culture-TourismLtd may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
但请注意:岭南生态旅游股份有限公司可能不是最佳购买股票。因此,请查看具有过去盈利增长(以及进一步增长预测)的有趣公司的免费列表。
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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