Sichuan Jiuyuan Yinhai Software.Co.Ltd (SZSE:002777) Sheds CN¥474m, Company Earnings and Investor Returns Have Been Trending Downwards for Past Year
Sichuan Jiuyuan Yinhai Software.Co.Ltd (SZSE:002777) Sheds CN¥474m, Company Earnings and Investor Returns Have Been Trending Downwards for Past Year
Investors can approximate the average market return by buying an index fund. Active investors aim to buy stocks that vastly outperform the market - but in the process, they risk under-performance. Unfortunately the Sichuan Jiuyuan Yinhai Software.Co.,Ltd (SZSE:002777) share price slid 37% over twelve months. That contrasts poorly with the market decline of 10%. On the bright side, the stock is actually up 31% in the last three years. The falls have accelerated recently, with the share price down 17% in the last three months.
投資者可以通過購買指數基金來近似平均市場回報。積極的投資者旨在購買遠遠超過市場表現的股票,但在此過程中,他們面臨着低於市場表現的風險。不幸的是,四川久遠銀海軟件股份有限公司(SZSE:002777)的股價在12個月內下跌了37%。這與市場下跌10%形成了鮮明對比。好消息是,該股票實際上在過去三年中上漲了31%。最近的跌勢加劇,股價在過去三個月下跌了17%。上漲6.3%的三年中,股票的價格似乎沒有反映出EPS的增長。所以,有理由對一些其他指標進行研究。在過去的三年中,其股價上漲了31%。最近的跌勢加劇,股價在過去三個月下跌了17%。
Since Sichuan Jiuyuan Yinhai Software.Co.Ltd has shed CN¥474m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.
由於四川久遠銀海軟件股份有限公司過去7天內市值下降了47400萬元,讓我們看看長期的下跌是否是由於業務經濟學驅動的。
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
儘管一些人繼續教授有效市場假說,但已經證明市場是過度反應的動態系統,並且投資者並不總是理性的。通過比較每股收益(EPS)和股價的變化情況,我們可以了解投資者對公司的態度如何隨着時間變化而變化。
Unhappily, Sichuan Jiuyuan Yinhai Software.Co.Ltd had to report a 11% decline in EPS over the last year. The share price decline of 37% is actually more than the EPS drop. Unsurprisingly, given the lack of EPS growth, the market seems to be more cautious about the stock.
不幸的是,四川久遠銀海軟件股份有限公司去年的每股收益下降了11%。股價下跌了37%,實際上比每股收益下降更多。不出所料,鑑於沒有每股收益的增長,市場似乎對該股票更加謹慎。
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(隨時間的推移)如下圖所示(單擊可查看確切數字)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240527/0-a505c6bd3b353826a6bc09fdcdf9d9d7-0-133ca41d0bee8180f99f75f54d69072b.png/big)
Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.
在購買或出售股票之前,我們始終建議仔細研究歷史增長趨勢,此處提供。
A Different Perspective
不同的觀點
We regret to report that Sichuan Jiuyuan Yinhai Software.Co.Ltd shareholders are down 37% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 10%. 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. Longer term investors wouldn't be so upset, since they would have made 7%, 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. 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. For example, we've discovered 1 warning sign for Sichuan Jiuyuan Yinhai Software.Co.Ltd that you should be aware of before investing here.
很遺憾地通知大家,久遠銀海股東今年的收益率已經下滑了37%(即使包括分紅派息在內)。不幸的是,這比整個市場的下跌10%要更糟糕。然而,股價可能僅受到整個市場的不安情緒的影響。或許值得關注基本面,以防短暫的下滑並找到一個良好的機會。長期的投資者不會那麼沮喪,因爲他們每年都可以得到7%的收益,五年內總共能獲得35%的收益。最近一波賣壓可能爲投資者提供了良好的投資機會,所以檢查一下基本數據是否顯示出長期增長趨勢是值得的。儘管考慮市場條件對股價的影響是值得的,但還有其他更重要的因素:例如,我們發現久遠銀海存在一個警示信號,投資者在此之前應該注意。
We will like Sichuan Jiuyuan Yinhai Software.Co.Ltd better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying.
如果我們看到一些內部人員大量購買股票,我們將更喜歡四川久遠銀海軟件股份有限公司。在等待期間,請查看此免費的低估值股票列表(主要是小型股),其中包括相當大的最近內部交易。
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上市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.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或電郵 editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。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。Simply Wall St沒有任何股票頭寸。