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Financial Street Holdings (SZSE:000402) Shareholders Are up 3.5% This Past Week, but Still in the Red Over the Last Three Years

Financial Street Holdings (SZSE:000402) Shareholders Are up 3.5% This Past Week, but Still in the Red Over the Last Three Years

金融街控股(深交所股票代碼:000402)的股東上週上漲了3.5%,但在過去三年中仍處於虧損狀態
Simply Wall St ·  2023/10/30 23:03

For many investors, the main point of stock picking is to generate higher returns than the overall market. But its virtually certain that sometimes you will buy stocks that fall short of the market average returns. We regret to report that long term Financial Street Holdings Co., Ltd. (SZSE:000402) shareholders have had that experience, with the share price dropping 40% in three years, versus a market decline of about 8.9%. The falls have accelerated recently, with the share price down 20% in the last three months. But this could be related to the weak market, which is down 9.9% in the same period.

對於許多投資者來說,選股的主要著眼點是產生高於整體市場的回報。但幾乎可以肯定的是,有時你會買入低於市場平均回報率的股票。我們很遺憾地報告這一長期的金融街控股有限公司。(SZSE:000402)股東有過這樣的經歷,股價在三年內下跌了40%,而市場跌幅約為8.9%。最近股價加速下跌,過去三個月股價下跌了20%。但這可能與市場疲軟有關,同期市場下跌9.9%。

While the stock has risen 3.5% in the past week but long term shareholders are still in the red, let's see what the fundamentals can tell us.

儘管該股在過去一週上漲了3.5%,但長期股東仍處於虧損狀態,讓我們看看基本面能告訴我們什麼。

View our latest analysis for Financial Street Holdings

查看我們對金融街控股的最新分析

To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' 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.

用巴菲特的話說,“船隻將在世界各地航行,但平坦的地球協會將蓬勃發展。市場上的價格和價值之間將繼續存在巨大的差異……”通過比較每股收益(EPS)和股價隨時間的變化,我們可以感受到投資者對一家公司的態度隨著時間的推移發生了怎樣的變化。

Financial Street Holdings saw its share price decline over the three years in which its EPS also dropped, falling to a loss. Due to the loss, it's not easy to use EPS as a reliable guide to the business. But it's safe to say we'd generally expect the share price to be lower as a result!

金融街控股的股價在過去三年裡下跌,每股收益也有所下降,出現虧損。由於虧損,要將每股收益作為可靠的業務指南並不容易。但可以肯定地說,我們普遍預計股價會因此走低!

You can see how EPS has changed over time in the image below (click on the chart to see the exact values).

您可以在下圖中看到EPS是如何隨著時間的推移而變化的(單擊圖表可查看精確值)。

earnings-per-share-growth
SZSE:000402 Earnings Per Share Growth October 31st 2023
上交所:2023年10月31日每股收益增長000402

We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. It might be well worthwhile taking a look at our free report on Financial Street Holdings' earnings, revenue and cash flow.

我們很高興地報告,這位首席執行官的薪酬比類似資本公司的大多數首席執行官都要低。關注首席執行官的薪酬總是值得的,但更重要的問題是,該公司是否會在未來幾年實現盈利增長。也許很值得一看我們的免費金融街控股的收益、收入和現金流報告。

What About Dividends?

那股息呢?

As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Financial Street Holdings, it has a TSR of -36% for the last 3 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!

除了衡量股價回報外,投資者還應考慮總股東回報(TSR)。TSR包括任何剝離或貼現融資的價值,以及任何股息,基於股息再投資的假設。公平地說,TSR為支付股息的股票提供了更完整的圖景。就金融街控股而言,它在過去3年的總資產收益率為-36%。這超過了我們之前提到的它的股價回報。這在很大程度上是其股息支付的結果!

A Different Perspective

不同的視角

While the broader market lost about 0.2% in the twelve months, Financial Street Holdings shareholders did even worse, losing 11% (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 Financial Street Holdings better, we need to consider many other factors. For example, we've discovered 1 warning sign for Financial Street Holdings that you should be aware of before investing here.

雖然大盤在過去12個月裡下跌了約0.2%,但金融街控股的股東表現更差,下跌了11%(甚至包括股息)。話雖如此,在下跌的市場中,一些股票不可避免地會被超賣。關鍵是要密切關注基本面的發展。不幸的是,去年的表現可能預示著尚未解決的挑戰,因為它比過去五年5%的年化損失更糟糕。我們意識到,羅斯柴爾德男爵曾說過,投資者應該“在街上血淋淋的時候買入”,但我們警告投資者,首先應該確保他們購買的是一家高質量的企業。跟蹤股價的長期表現總是很有趣的。但要更好地理解金融街控股,我們需要考慮許多其他因素。例如,我們發現金融街控股公司的1個警告標誌在這裡投資之前你應該意識到這一點。

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

對於那些想要找到贏得投資免費最近有內幕收購的不斷增長的公司名單可能就是合適的選擇。

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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