Even After Rising 13% This Past Week, HC SemiTek (SZSE:300323) Shareholders Are Still Down 72% Over the Past Three Years
Even After Rising 13% This Past Week, HC SemiTek (SZSE:300323) Shareholders Are Still Down 72% Over the Past Three Years
This week we saw the HC SemiTek Corporation (SZSE:300323) share price climb by 13%. But that doesn't change the fact that the returns over the last three years have been stomach churning. In that time the share price has melted like a snowball in the desert, down 72%. So it's about time shareholders saw some gains. Of course the real question is whether the business can sustain a turnaround.
本週我們看到華燦光電公司(深圳證券交易所代碼:300323)的股價上漲了13%。但這並不能改變過去三年的回報令人大跌眼鏡的事實。在那段時間裏,股價像沙漠中的滾雪球一樣融化,下跌了72%。因此,現在是股東看到一些收益的時候了。當然,真正的問題是企業能否維持轉機。
The recent uptick of 13% could be a positive sign of things to come, so let's take a look at historical fundamentals.
最近13%的上漲可能是即將發生的事情的積極信號,所以讓我們來看看歷史基本面。
Because HC SemiTek made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Shareholders of unprofitable companies usually expect strong revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
由於HC SemiTek在過去十二個月中出現了虧損,因此我們認爲至少目前市場可能更加關注收入和收入增長。無利可圖的公司的股東通常期望強勁的收入增長。可以想象,收入的快速增長如果持續下去,通常會帶來利潤的快速增長。
Over the last three years, HC SemiTek's revenue dropped 7.7% per year. That's not what investors generally want to see. The share price fall of 20% (per year, over three years) is a stern reminder that money-losing companies are expected to grow revenue. We're generally averse to companies with declining revenues, but we're not alone in that. Don't let a share price decline ruin your calm. You make better decisions when you're calm.
在過去的三年中,華燦光電的收入每年下降7.7%。這不是投資者普遍希望看到的。股價下跌20%(在三年內每年下跌)嚴厲地提醒人們,虧損公司有望增加收入。我們普遍反對收入下降的公司,但我們並不是唯一一個這樣做的公司。不要讓股價下跌破壞你的平靜。當你冷靜時,你會做出更好的決定。
The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).
公司的收入和收益(隨着時間的推移)如下圖所示(點擊查看確切數字)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240214/0-5bc1acbebc1485b5259d69058bf9b69f-0-849a25ebfae803c8fb53ab859c18901b.png/big)
Take a more thorough look at HC SemiTek's financial health with this free report on its balance sheet.
通過這份免費的資產負債表報告,更全面地了解華燦光電的財務狀況。
A Different Perspective
不同的視角
While the broader market lost about 23% in the twelve months, HC SemiTek shareholders did even worse, losing 33%. 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 7% 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. 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 be aware of the 1 warning sign we've spotted with HC SemiTek .
儘管整個市場在十二個月中下跌了約23%,但HC SemiTek股東的表現甚至更糟,下跌了33%。但是,可能只是股價受到了更廣泛的市場緊張情緒的影響。如果有很好的機會,可能值得關注基本面。不幸的是,去年的表現可能預示着尚未解決的挑戰,因爲它比過去五年中7%的年化虧損還要糟糕。我們意識到羅斯柴爾德男爵曾說過,投資者應該 “在街頭流血時買入”,但我們警告說,投資者應首先確保他們購買的是高質量的企業。我發現將長期股價視爲業務績效的代表非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。爲此,你應該注意我們在HC SemiTek身上發現的1個警告信號。
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
對於那些喜歡尋找中獎投資的人來說,這份最近有內幕收購的成長型公司的免費名單可能只是門票。
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?對內容感到擔憂?直接聯繫我們。 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,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本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型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。