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Tianjin Jingwei Huikai Optoelectronic (SZSE:300120) Stock Falls 8.5% in Past Week as Three-year Earnings and Shareholder Returns Continue Downward Trend

Tianjin Jingwei Huikai Optoelectronic (SZSE:300120) Stock Falls 8.5% in Past Week as Three-year Earnings and Shareholder Returns Continue Downward Trend

天津經緯匯凱光電(深交所股票代碼:300120)股價在過去一週下跌8.5%,原因是三年期收益和股東回報率繼續下滑
Simply Wall St ·  2023/10/20 19:57

Many investors define successful investing as beating the market average over the long term. But if you try your hand at stock picking, your risk returning less than the market. Unfortunately, that's been the case for longer term Tianjin Jingwei Huikai Optoelectronic Co., Ltd. (SZSE:300120) shareholders, since the share price is down 50% in the last three years, falling well short of the market decline of around 12%. Furthermore, it's down 16% in about a quarter. That's not much fun for holders. But this could be related to the weak market, which is down 8.2% in the same period.

許多投資者將成功的投資定義為長期超過市場平均水準。但如果你試著選股,你的風險回報就會低於市場。不幸的是,從長遠來看,情況就是這樣天津經緯匯凱光電有限公司。(SZSE:300120)股東,因為股價在過去三年裡下跌了50%,遠遠低於市場約12%的跌幅。此外,它在大約四分之一的時間裡下跌了16%。對於持有者來說,這並不是什麼樂趣。但這可能與市場疲軟有關,同期市場下跌8.2%。

Since Tianjin Jingwei Huikai Optoelectronic has shed CN¥368m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.

由於天津經緯匯凱光電在過去7天裡市值縮水3.68億元人民幣,讓我們看看長期下跌是否受到了企業經濟的推動。

View our latest analysis for Tianjin Jingwei Huikai Optoelectronic

查看我們對天津經緯匯凱光電的最新分析

To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. 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.

本傑明·格雷厄姆(Benjamin Graham)的原話是:短期內,市場是一臺投票機,但從長遠來看,它是一臺稱重機。一種不完美但簡單的方法來考慮市場對一家公司的看法是如何改變的,那就是將每股收益(EPS)的變化與股價走勢進行比較。

Tianjin Jingwei Huikai Optoelectronic saw its EPS decline at a compound rate of 45% per year, over the last three years. This fall in the EPS is worse than the 20% compound annual share price fall. This suggests that the market retains some optimism around long term earnings stability, despite past EPS declines. This positive sentiment is also reflected in the generous P/E ratio of 141.75.

在過去的三年裡,天津經緯匯凱光電的每股收益以每年45%的復合速度下降。每股收益的這一跌幅比年復合股價20%的跌幅還要糟糕。這表明,儘管過去每股收益有所下降,但市場仍對長期收益穩定保持了一定的樂觀情緒。這種積極情緒也反映在141.75的慷慨本益比上。

The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).

下圖顯示了EPS是如何隨著時間的推移進行跟蹤的(如果您點擊該圖像,您可以看到更多詳細資訊)。

earnings-per-share-growth
SZSE:300120 Earnings Per Share Growth October 20th 2023
深交所:2023年10月20日每股收益增長300120

This free interactive report on Tianjin Jingwei Huikai Optoelectronic's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.

免費如果你想進一步調查這只股票,天津經緯匯凱光電的收益、收入和現金流互動報告是一個很好的起點。

A Different Perspective

不同的視角

It's nice to see that Tianjin Jingwei Huikai Optoelectronic shareholders have received a total shareholder return of 2.0% over the last year. And that does include the dividend. However, that falls short of the 4% TSR per annum it has made for shareholders, each year, over five years. Potential buyers might understandably feel they've missed the opportunity, but it's always possible business is still firing on all cylinders. 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. To that end, you should learn about the 4 warning signs we've spotted with Tianjin Jingwei Huikai Optoelectronic (including 1 which can't be ignored) .

很高興看到天津經緯匯凱光電的股東在過去一年中獲得了2.0%的總股東回報。這確實包括了股息。然而,這低於該公司在五年內每年為股東創造的4%的TSR。潛在買家可能會覺得他們錯過了預期的機會,這是可以理解的,但業務仍有可能仍然全速運轉。我發現,把股價作為衡量企業業績的長期指標是非常有趣的。但為了真正獲得洞察力,我們還需要考慮其他資訊。為此,您應該瞭解4個警示標誌我們已經發現了天津經緯惠凱光電(其中1家是不容忽視的)。

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).

如果你喜歡和管理層一起買股票,那麼你可能會喜歡這本書免費公司名單.(提示:內部人士一直在買入這些股票)。

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Chinese exchanges.

請注意,本文引用的市場回報反映了目前在中國交易所交易的股票的市場加權平均回報。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.

對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫.或者,也可以給編輯組發電子郵件,地址是暗示Wallst.com。
本文由Simply Wall St.撰寫,具有概括性.我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議.它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況.我們的目標是為您帶來由基本面數據驅動的長期重點分析.請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內.Simply Wall St.對上述任何一隻股票都沒有持倉.

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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