The Three-year Loss for Jiangxi Hongdu Aviation Industry (SHSE:600316) Shareholders Likely Driven by Its Shrinking Earnings
The Three-year Loss for Jiangxi Hongdu Aviation Industry (SHSE:600316) Shareholders Likely Driven by Its Shrinking Earnings
Many investors define successful investing as beating the market average over the long term. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. We regret to report that long term Jiangxi Hongdu Aviation Industry Co., Ltd. (SHSE:600316) shareholders have had that experience, with the share price dropping 44% in three years, versus a market decline of about 19%. The more recent news is of little comfort, with the share price down 28% in a year. On the other hand the share price has bounced 9.8% over the last week.
許多投資者將成功的投資定義爲長期超過市場平均水平。但是在任何投資組合中,都可能有一些股票未達到該基準。我們遺憾地報告,江西洪都航空工業有限公司(SHSE: 600316)的長期股東有這樣的經歷,股價在三年內下跌了44%,而市場跌幅約爲19%。最近的消息並不令人欣慰,股價在一年內下跌了28%。另一方面,股價在上週反彈了9.8%。
While the stock has risen 9.8% 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9.8%,但長期股東仍處於虧損狀態,但讓我們看看基本面能告訴我們什麼。
While Jiangxi Hongdu Aviation Industry made a small profit, in the last year, we think that the market is probably more focussed on the top line growth at the moment. Generally speaking, we'd consider a stock like this alongside loss-making companies, simply because the quantum of the profit is so low. For shareholders to have confidence a company will grow profits significantly, it must grow revenue.
儘管江西洪都航空工業取得了小額利潤,但在去年,我們認爲目前市場可能更注重收入增長。總的來說,我們會將這樣的股票與虧損公司一起考慮,這僅僅是因爲利潤量太低了。爲了使股東有信心公司將大幅增加利潤,就必須增加收入。
In the last three years, Jiangxi Hongdu Aviation Industry saw its revenue grow by 1.4% per year, compound. That's not a very high growth rate considering it doesn't make profits. Indeed, the stock dropped 13% over the last three years. Shareholders will probably be hoping growth picks up soon. But the real upside for shareholders will be if the company can start generating profits.
在過去的三年中,江西洪都航空工業的收入每年複合增長1.4%。考慮到它沒有盈利,這不是一個很高的增長率。事實上,該股在過去三年中下跌了13%。股東們可能希望增長能很快回升。但是,股東的真正好處將是公司能否開始創造利潤。
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
您可以在下面看到收入和收入如何隨着時間的推移而變化(點擊圖片了解確切的值)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240424/0-69a42147900a98c929e3e8a45e526e8f-0-00bdef9c454961938633bd89cca47043.png/big)
Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
資產負債表的強度至關重要。可能值得一看我們關於其財務狀況如何隨着時間的推移而變化的免費報告。
A Different Perspective
不同的視角
We regret to report that Jiangxi Hongdu Aviation Industry shareholders are down 28% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 14%. 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. Longer term investors wouldn't be so upset, since they would have made 4%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. 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 3 warning signs with Jiangxi Hongdu Aviation Industry (at least 1 which is a bit concerning) , and understanding them should be part of your investment process.
我們遺憾地報告,江西洪都航空工業的股東今年下跌了28%(甚至包括股息)。不幸的是,這比整個市場14%的跌幅還要嚴重。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發展。長期投資者不會那麼沮喪,因爲他們本可以在五年內每年賺4%。最近的拋售可能是一個機會,因此可能值得查看基本面數據以尋找長期增長趨勢的跡象。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。例如,投資風險的幽靈無處不在。我們已經向江西洪都航空工業確定了3個警告信號(至少有一個有點令人擔憂),了解它們應該是您投資過程的一部分。
Of course Jiangxi Hongdu Aviation Industry may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
當然,江西洪都航空工業可能不是最好的買入股票。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。
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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。