Investors in Shanghai DZH (SHSE:601519) From Five Years Ago Are Still Down 30%, Even After 9.8% Gain This Past Week
Investors in Shanghai DZH (SHSE:601519) From Five Years Ago Are Still Down 30%, Even After 9.8% Gain This Past Week
Shanghai DZH Limited (SHSE:601519) shareholders should be happy to see the share price up 14% in the last month. But if you look at the last five years the returns have not been good. In fact, the share price is down 30%, which falls well short of the return you could get by buying an index fund.
上海大智慧有限公司(SHSE:601519)的股东应该为上个月股价上涨14%感到高兴。但如果您看过去五年的情况,回报并不理想。实际上,股价下跌了30%,远远低于您通过购买指数基金可以获得的回报。
While the stock has risen 9.8% in the past week but long term shareholders are still in the red, let's see what the fundamentals can tell us.
尽管该股上周上涨了9.8%,但长期股东仍处于亏损状态,让我们看看基本面能告诉我们什么。
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
市场有时毫无疑问是有效的,但股票价格并不总是反映基本业务表现。一种有缺陷但合理的方法是比较每股收益(EPS)和股票价格,以评估围绕公司的情绪如何变化。
In the last half decade Shanghai DZH saw its share price fall as its EPS declined below zero. At present it's hard to make valid comparisons between EPS and the share price. However, we can say we'd expect to see a falling share price in this scenario.
在过去半个多世纪里,上海大智慧的股价下跌,因其每股收益跌破零。目前很难对每股收益和股价进行有效比较。然而,我们可以说在这种情况下预计会看到股价下跌。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下图显示了EPS随时间的变化情况(如果您单击该图像,则可以查看更多详细信息)。
This free interactive report on Shanghai DZH's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
这份免费的互动报告涵盖了上海大智慧的收益、营业收入和现金流,是进一步调查股票的好起点。
A Different Perspective
不同的观点
We regret to report that Shanghai DZH shareholders are down 16% for the year. Unfortunately, that's worse than the broader market decline of 14%. 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. 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. 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. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with Shanghai DZH , and understanding them should be part of your investment process.
我们遗憾地通报,上海大智慧的股东今年下跌了16%。不幸地,这比更广泛的市场下降14%还糟糕。然而,这可能仅仅是股价受到更广泛市场不安的影响。值得留意基本面,以防有好的机会。不幸地,去年的表现可能表明存在尚未解决的挑战,因为它比过去半个世纪的年化损失5%更糟糕。我们意识到罗斯柴尔德男爵曾说过投资者应该在“血流街头”时购买,但我们提醒投资者首先要确定他们正在购买的是高质量的业务。虽然考虑市场条件对股价的不同影响是非常值得的,但更重要的是其他因素。比如,永远存在的投资风险威胁。我们已经发现上海大智慧存在1个警示标志,了解它们应该是你的投资过程的一部分。
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.
如果您愿意查看另一家公司(具有潜在的更好财务状况),请不要错过这个免费的公司列表,证明它们可以增长收益。
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.
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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。