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The Three-year Shareholder Returns and Company Earnings Persist Lower as China Testing & Certification International GroupLtd (SHSE:603060) Stock Falls a Further 6.3% in Past Week

The Three-year Shareholder Returns and Company Earnings Persist Lower as China Testing & Certification International GroupLtd (SHSE:603060) Stock Falls a Further 6.3% in Past Week

由於中國檢測認證國際集團有限公司(SHSE: 603060)股價在過去一週進一步下跌6.3%,三年期股東回報率和公司收益持續下降
Simply Wall St ·  05/05 23:02

While it may not be enough for some shareholders, we think it is good to see the China Testing & Certification International Group Co.,Ltd. (SHSE:603060) share price up 17% in a single quarter. But that cannot eclipse the less-than-impressive returns over the last three years. Truth be told the share price declined 38% in three years and that return, Dear Reader, falls short of what you could have got from passive investing with an index fund.

儘管對於某些股東來說這可能還不夠,但我們認爲看到中國檢測認證國際集團有限公司是件好事。, Ltd.(上海證券交易所股票代碼:603060)的股價單季度上漲了17%。但這並不能掩蓋過去三年來不那麼令人印象深刻的回報。說實話,股價在三年內下跌了38%,親愛的讀者,這一回報沒有達到指數基金被動投資所能獲得的回報。

Since China Testing & Certification International GroupLtd has shed CN¥402m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.

由於中國檢測認證國際集團有限公司在過去7天內已從其價值下跌了4.02億元人民幣,讓我們看看長期下跌是否是由該業務的經濟推動的。

In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).

在他的文章中 格雷厄姆和多茲維爾的超級投資者 禾倫·巴菲特描述了股價如何並不總是合理地反映企業的價值。研究市場情緒如何隨着時間的推移而變化的一種方法是研究公司股價與其每股收益(EPS)之間的相互作用。

China Testing & Certification International GroupLtd saw its EPS decline at a compound rate of 0.1% per year, over the last three years. The share price decline of 15% is actually steeper than the EPS slippage. So it seems the market was too confident about the business, in the past.

在過去三年中,中國檢測認證國際集團有限公司的每股收益複合下降幅度爲每年0.1%。15%的股價下跌實際上比每股收益的下滑幅度更大。因此,過去市場似乎對該業務過於自信。

The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).

下圖顯示了 EPS 在一段時間內的跟蹤情況(如果你點擊圖片,你可以看到更多細節)。

earnings-per-share-growth
SHSE:603060 Earnings Per Share Growth May 6th 2024
SHSE: 603060 每股收益增長 2024 年 5 月 6 日

This free interactive report on China Testing & Certification International GroupLtd's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.

如果你想進一步調查該股,這份關於中國檢測認證國際集團有限公司收益、收入和現金流的免費互動報告是一個很好的起點。

A Different Perspective

不同的視角

While the broader market lost about 11% in the twelve months, China Testing & Certification International GroupLtd shareholders did even worse, losing 30% (even including dividends). 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. On the bright side, long term shareholders have made money, with a gain of 1.7% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with China Testing & Certification International GroupLtd (at least 1 which doesn't sit too well with us) , and understanding them should be part of your investment process.

儘管整個市場在十二個月中下跌了約11%,但中國檢測認證國際集團有限公司股東的表現甚至更糟,損失了30%(甚至包括股息)。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。好的一面是,長期股東賺了錢,在過去的五年中,每年增長1.7%。如果基本面數據繼續顯示長期可持續增長,那麼當前的拋售可能是一個值得考慮的機會。儘管市場狀況可能對股價產生的不同影響值得考慮,但還有其他因素更爲重要。例如,投資風險的幽靈無處不在。我們已經向中國檢測認證國際集團有限公司確定了兩個警告信號(至少一個不太適合我們),了解它們應該是您投資過程的一部分。

Of course China Testing & Certification International GroupLtd may not be the best stock to buy. So you may wish to see this free collection of growth stocks.

當然,中國檢測認證國際集團有限公司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。

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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