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The Five-year Loss for Qingdao Topscomm Communication (SHSE:603421) Shareholders Likely Driven by Its Shrinking Earnings

The Five-year Loss for Qingdao Topscomm Communication (SHSE:603421) Shareholders Likely Driven by Its Shrinking Earnings

青島通信(SHSE: 603421)股東的五年虧損可能是其收益萎縮所致
Simply Wall St ·  02/21 17:20

Statistically speaking, long term investing is a profitable endeavour. But along the way some stocks are going to perform badly. Zooming in on an example, the Qingdao Topscomm Communication INC. (SHSE:603421) share price dropped 55% in the last half decade. That's not a lot of fun for true believers. And it's not just long term holders hurting, because the stock is down 29% in the last year. Shareholders have had an even rougher run lately, with the share price down 29% in the last 90 days. Of course, this share price action may well have been influenced by the 12% decline in the broader market, throughout the period.

從統計學上講,長期投資是一項有利可圖的舉措。但在此過程中,一些股票將表現不佳。放大一個例子,青島拓普斯通信有限公司(上海證券交易所代碼:603421)股價在過去五年中下跌了55%。對於真正的信徒來說,這並不是什麼好玩的。而且,受傷害的不僅僅是長揸者,因爲該股去年下跌了29%。股東們最近的表現更加艱難,股價在過去90天中下跌了29%。當然,這種股價走勢很可能受到了整個時期大盤下跌12%的影響。

While the last five years has been tough for Qingdao Topscomm Communication 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.

儘管過去五年對青島Topscomm Communication的股東來說是艱難的,但過去一週顯示出希望的跡象。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。

There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

不可否認,市場有時是有效的,但價格並不總是能反映潛在的業務表現。評估公司情緒變化的一種有缺陷但合理的方法是將每股收益(EPS)與股價進行比較。

During the five years over which the share price declined, Qingdao Topscomm Communication's earnings per share (EPS) dropped by 19% each year. The share price decline of 15% per year isn't as bad as the EPS decline. So the market may previously have expected a drop, or else it expects the situation will improve. With a P/E ratio of 48.78, it's fair to say the market sees a brighter future for the business.

在股價下跌的五年中,青島拓普通信的每股收益(EPS)每年下降19%。股價每年下跌15%,沒有每股收益的下降那麼嚴重。因此,市場此前可能曾預計會下跌,否則預計情況會有所改善。市盈率爲48.78,可以公平地說,市場看到了該業務更光明的未來。

The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).

該公司的每股收益(隨着時間的推移)如下圖所示(點擊查看確切數字)。

earnings-per-share-growth
SHSE:603421 Earnings Per Share Growth February 21st 2024
SHSE: 603421 每股收益增長 2024 年 2 月 21 日

It might be well worthwhile taking a look at our free report on Qingdao Topscomm Communication's earnings, revenue and cash flow.

可能值得一看我們關於青島Topscomm Communication的收益、收入和現金流的免費報告。

A Different Perspective

不同的視角

We regret to report that Qingdao Topscomm Communication shareholders are down 28% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 21%. 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. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 9% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. It's always interesting to track share price performance over the longer term. But to understand Qingdao Topscomm Communication better, we need to consider many other factors. Case in point: We've spotted 3 warning signs for Qingdao Topscomm Communication you should be aware of, and 1 of them doesn't sit too well with us.

我們遺憾地報告,青島拓普通信的股東今年下跌了28%(甚至包括股息)。不幸的是,這比整個市場21%的跌幅還要嚴重。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。遺憾的是,去年的業績結束了糟糕的表現,股東在五年內每年面臨9%的總虧損。總的來說,長期股價疲軟可能是一個壞兆頭,儘管逆勢投資者可能希望研究該股以期出現轉機。長期跟蹤股價表現總是很有意思的。但是,爲了更好地了解青島Topscomm Communication,我們需要考慮許多其他因素。一個很好的例子:我們發現了青島Topscomm Communication的3個警告信號,你應該注意,其中一個信號對我們來說不太合適。

Of course Qingdao Topscomm Communication may not be the best stock to buy. So you may wish to see this free collection of growth stocks.

當然,青島拓普通信可能不是最值得買入的股票。因此,您可能希望看到這批免費的成長股。

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。

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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