Optimistic Investors Push Geo-Jade Petroleum Corporation (SHSE:600759) Shares Up 27% But Growth Is Lacking
Optimistic Investors Push Geo-Jade Petroleum Corporation (SHSE:600759) Shares Up 27% But Growth Is Lacking
The Geo-Jade Petroleum Corporation (SHSE:600759) share price has done very well over the last month, posting an excellent gain of 27%. Notwithstanding the latest gain, the annual share price return of 6.2% isn't as impressive.
這個 Geo-jade 石油公司 (SHSE: 600759) 股價在過去一個月中表現非常出色,上漲了27%。儘管最近有所上漲,但6.2%的年股價回報率並不那麼令人印象深刻。
Since its price has surged higher, you could be forgiven for thinking Geo-Jade Petroleum is a stock not worth researching with a price-to-sales ratios (or "P/S") of 2.4x, considering almost half the companies in China's Oil and Gas industry have P/S ratios below 1.1x. However, the P/S might be high for a reason and it requires further investigation to determine if it's justified.
由於其價格飆升,考慮到中國石油和天然氣行業近一半的公司的市盈率低於1.1倍,你認爲Geo-Jade Petroleum是一隻不值得研究的股票,其市銷率(或 “市盈率”)爲2.4倍,這是可以原諒的。但是,P/S 之高可能是有原因的,需要進一步調查以確定其是否合理。
See our latest analysis for Geo-Jade Petroleum
查看我們對Geo-Jade 石油的最新分析
![ps-multiple-vs-industry](https://usnewsfile.moomoo.com/pic/0-0426aa08cb1d77607b2fb82743c9e0a7-0-5a5c89cdae0b7eadd83e73d264254224.png/big)
How Geo-Jade Petroleum Has Been Performing
Geo-Jade 石油的表現如何
Revenue has risen firmly for Geo-Jade Petroleum recently, which is pleasing to see. Perhaps the market is expecting this decent revenue performance to beat out the industry over the near term, which has kept the P/S propped up. You'd really hope so, otherwise you're paying a pretty hefty price for no particular reason.
最近,Geo-Jade Petroleum的收入穩步增長,這令人高興。也許市場預計,這種不錯的收入表現將在短期內擊敗該行業,這支撐了市盈率。你真的希望如此,否則你將無緣無故地付出相當高的代價。
Do Revenue Forecasts Match The High P/S Ratio?
收入預測與高市盈率相匹配嗎?
In order to justify its P/S ratio, Geo-Jade Petroleum would need to produce impressive growth in excess of the industry.
爲了證明其市盈率的合理性,Geo-Jade Petroleum需要實現超過該行業的驚人增長。
If we review the last year of revenue growth, the company posted a terrific increase of 28%. However, the latest three year period hasn't been as great in aggregate as it didn't manage to provide any growth at all. Accordingly, shareholders probably wouldn't have been overly satisfied with the unstable medium-term growth rates.
如果我們回顧一下去年的收入增長,該公司公佈了28%的驚人增長。但是,最近三年的總體表現並不那麼好,因爲它根本沒有帶來任何增長。因此,股東們可能不會對不穩定的中期增長率過於滿意。
Comparing the recent medium-term revenue trends against the industry's one-year growth forecast of 6.1% shows it's noticeably less attractive.
將最近的中期收入趨勢與該行業6.1%的一年增長預測進行比較,表明其吸引力明顯降低。
With this information, we find it concerning that Geo-Jade Petroleum is trading at a P/S higher than the industry. Apparently many investors in the company are way more bullish than recent times would indicate and aren't willing to let go of their stock at any price. There's a good chance existing shareholders are setting themselves up for future disappointment if the P/S falls to levels more in line with recent growth rates.
有了這些信息,我們發現Geo-Jade Petroel的市盈率高於該行業,這令人擔憂。顯然,該公司的許多投資者比最近所顯示的要看漲得多,他們不願不惜任何代價放棄股票。如果市盈率跌至與最近的增長率更加一致的水平,現有股東很有可能爲未來的失望做好準備。
The Bottom Line On Geo-Jade Petroleum's P/S
Geo-Jade Petroleum Petroleum 的 P
Geo-Jade Petroleum's P/S is on the rise since its shares have risen strongly. Using the price-to-sales ratio alone to determine if you should sell your stock isn't sensible, however it can be a practical guide to the company's future prospects.
自從其股價強勁上漲以來,Geo-Jade Petroleum的市盈率一直在上漲。僅使用價格與銷售比率來確定是否應該出售股票是不明智的,但是它可以作爲公司未來前景的實用指南。
The fact that Geo-Jade Petroleum currently trades on a higher P/S relative to the industry is an oddity, since its recent three-year growth is lower than the wider industry forecast. Right now we aren't comfortable with the high P/S as this revenue performance isn't likely to support such positive sentiment for long. Unless there is a significant improvement in the company's medium-term performance, it will be difficult to prevent the P/S ratio from declining to a more reasonable level.
相對於該行業,Geo-Jade Petroleum目前的市盈率更高,這一事實很奇怪,因爲其最近的三年增長低於整個行業的預期。目前,我們對高市盈率不太滿意,因爲這種收入表現不太可能長期支持這種積極的情緒。除非公司的中期業績有顯著改善,否則很難阻止市盈率下降到更合理的水平。
Don't forget that there may be other risks. For instance, we've identified 1 warning sign for Geo-Jade Petroleum that you should be aware of.
別忘了可能還有其他風險。例如,我們已經確定了 Geo-Jade Petroleum 有 1 你應該知道的。
If these risks are making you reconsider your opinion on Geo-Jade Petroleum, explore our interactive list of high quality stocks to get an idea of what else is out there.
如果這些 風險讓你重新考慮自己對 Geo-Jade Petroleum 的看法,瀏覽我們的高品質股票互動清單,瞭解還有甚麼。
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Simply Wall St 的這篇文章本質上是一般性的。 我們僅使用不偏不倚的方法根據歷史數據和分析師預測提供評論,我們的文章並非旨在提供財務建議。 它不構成買入或賣出任何股票的建議,也沒有考慮您的目標或財務狀況。我們的目標是爲您提供由基本面數據驅動的長期重點分析。請注意,我們的分析可能未將最新的價格敏感型公司公告或定性材料考慮在內。簡而言之,華爾街對上述任何股票都沒有頭寸。