Investors Who Have Held Hang Zhou Iron & SteelLtd (SHSE:600126) Over the Last Three Years Have Watched Its Earnings Decline Along With Their Investment
Investors Who Have Held Hang Zhou Iron & SteelLtd (SHSE:600126) Over the Last Three Years Have Watched Its Earnings Decline Along With Their Investment
As an investor its worth striving to ensure your overall portfolio beats the market average. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. Unfortunately, that's been the case for longer term Hang Zhou Iron & Steel Co.,Ltd. (SHSE:600126) shareholders, since the share price is down 27% in the last three years, falling well short of the market decline of around 10%. But it's up 5.9% in the last week. We would posit that the recently released financial results have driven this rise, so you might want to check the latest numbers in our full company report.
作爲投資者,值得努力確保您的整體投資組合超過市場平均水平。但是在任何投資組合中,都可能有一些股票未達到該基準。不幸的是,從長遠來看,情況一直如此 杭州鋼鐵股份有限公司,有限公司 (SHSE: 600126) 股東們,由於股價在過去三年中下跌了27%,遠未達到10%左右的市場跌幅。但上週上漲了5.9%。我們假設最近公佈的財務業績推動了這一增長,因此您可能需要在我們的完整公司報告中查看最新數據。
While the last three years has been tough for Hang Zhou Iron & SteelLtd shareholders, this past week has shown signs of promise. So let's look at the longer term fundamentals and see if they've been the driver of the negative returns.
儘管過去三年對杭州鋼鐵有限公司的股東來說是艱難的,但過去一週卻顯示出希望的跡象。因此,讓我們來看看長期基本面,看看它們是否是負回報的驅動力。
View our latest analysis for Hang Zhou Iron & SteelLtd
查看我們對杭州鋼鐵有限公司的最新分析
We don't think that Hang Zhou Iron & SteelLtd's modest trailing twelve month profit has the market's full attention at the moment. We think revenue is probably a better guide. As a general rule, we think this kind of company is more comparable to loss-making stocks, since the actual profit is so low. For shareholders to have confidence a company will grow profits significantly, it must grow revenue.
我們認爲,杭州鋼鐵有限公司過去十二個月的微薄利潤目前並未引起市場的充分關注。我們認爲收入可能是更好的指南。一般而言,我們認爲這種公司更能與虧損股票相提並論,因爲實際利潤太低了。爲了讓股東有信心公司大幅增加利潤,它必須增加收入。
In the last three years, Hang Zhou Iron & SteelLtd saw its revenue grow by 8.4% per year, compound. That's a fairly respectable growth rate. Shareholders have endured a share price decline of 8% per year. So the market has definitely lost some love for the stock. With revenue growing at a solid clip, now might be the time to focus on the possibility that it will have a brighter future.
在過去的三年中,杭州鋼鐵有限公司的收入每年複合增長8.4%。這是一個相當可觀的增長率。股東的股價每年下跌8%。因此,市場肯定已經失去了對這隻股票的喜愛。隨着收入穩步增長,現在可能是專注於其更光明未來的可能性的時候了。
You can see how earnings and revenue have 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收入和收入隨時間推移而發生的變化(點擊圖表查看確切值)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231102/0-7c51ded53e18c94a40479d27720b4300-0-836d83c2381292cf5cc624a6374f9223.png/big)
This free interactive report on Hang Zhou Iron & SteelLtd's balance sheet strength is a great place to start, if you want to investigate the stock further.
這個 免費的 如果你想進一步調查該股,那麼關於杭州鋼鐵有限公司資產負債表實力的互動報告是一個不錯的起點。
What About Dividends?
分紅呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Hang Zhou Iron & SteelLtd's TSR for the last 3 years was -18%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!
除了衡量股價回報外,投資者還應考慮股東總回報(TSR)。股價回報僅反映股價的變化,而股東總回報率包括股息的價值(假設股息已被再投資)以及任何折扣融資或分拆的收益。可以公平地說,股東總回報率爲支付股息的股票提供了更完整的畫面。碰巧的是,杭州鋼鐵有限公司過去3年的股東總回報率爲-18%,超過了前面提到的股價回報率。這在很大程度上是其股息支付的結果!
A Different Perspective
不同的視角
We're pleased to report that Hang Zhou Iron & SteelLtd shareholders have received a total shareholder return of 7.0% over one year. Of course, that includes the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 2% per year), it would seem that the stock's performance has improved in recent times. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. 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 for instance, the ever-present spectre of investment risk. We've identified 4 warning signs with Hang Zhou Iron & SteelLtd (at least 3 which make us uncomfortable) , and understanding them should be part of your investment process.
我們很高興地向大家報告,杭州鋼鐵有限公司的股東在一年內獲得了7.0%的股東總回報率。當然,這包括分紅。由於一年期股東總回報率好於五年期股東總回報(後者爲每年2%),該股的表現似乎在最近有所改善。鑑於股價勢頭仍然強勁,可能值得仔細研究該股,以免錯過機會。我發現從長遠來看,將股價視爲業務表現的代表非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。例如,以永遠存在的投資風險幽靈爲例。 我們已經確定了 4 個警告信號 選擇杭州鋼鐵有限公司(至少 3 個,這讓我們感到不舒服),了解他們應該成爲您投資過程的一部分。
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
對於那些喜歡尋找的人 獲勝的投資 這個 免費的 最近進行內幕收購的成長型公司名單可能只是門票。
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。
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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.
對這篇文章有反饋嗎?擔心內容嗎? 取得聯繫 直接和我們在一起。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St 的這篇文章本質上是籠統的。 我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。 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,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。簡而言之,華爾街在上述任何股票中都沒有頭寸。