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Shareholders in Jiangsu ZongyiLTD (SHSE:600770) Have Lost 66%, as Stock Drops 14% This Past Week

Shareholders in Jiangsu ZongyiLTD (SHSE:600770) Have Lost 66%, as Stock Drops 14% This Past Week

江蘇縱橫股份有限公司(SHSE:600770)的股東損失了66%,本週股票下跌14%
Simply Wall St ·  06/06 18:31

We think intelligent long term investing is the way to go. But unfortunately, some companies simply don't succeed. For example the Jiangsu Zongyi Co.,LTD (SHSE:600770) share price dropped 66% over five years. That is extremely sub-optimal, to say the least. And it's not just long term holders hurting, because the stock is down 54% in the last year. Shareholders have had an even rougher run lately, with the share price down 33% in the last 90 days.

我們認爲智能的長期投資是正確的選擇。但不幸的是,有一些公司並不成功。例如,綜藝股份有限公司(SHSE:600770)的股價在五年內下降了66%,至少可以說是極其低迷的。而且不僅是長期股東受到影響,因爲股票在過去一年中下跌了54%。股東最近的經歷更加艱難,股價在過去90天下跌了33%。

If the past week is anything to go by, investor sentiment for Jiangsu ZongyiLTD isn't positive, so let's see if there's a mismatch between fundamentals and the share price.

如果過去一週是一個指引,那麼對於綜藝股份有限公司的投資者情緒並不樂觀,因此讓我們看看基本面和股價是否存在不匹配。

Jiangsu ZongyiLTD isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. When a company doesn't make profits, we'd generally hope to see good revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.

綜藝股份有限公司目前沒有盈利,因此大多數分析師會關注營收增長,以了解基本業務增長的快速程度。當一家公司沒有盈利時,我們通常希望看到良好的營業收入增長。這是因爲快速的營業收入增長可以輕鬆地推斷出可觀的利潤預測。

Over half a decade Jiangsu ZongyiLTD reduced its trailing twelve month revenue by 7.2% for each year. While far from catastrophic that is not good. The share price decline of 11% compound, over five years, is understandable given the company is losing money, and revenue is moving in the wrong direction. We don't think anyone is rushing to buy this stock. Ultimately, it may be worth watching - should revenue pick up, the share price might follow.

在半個多世紀的時間裏,綜藝股份有限公司的過去十二個月的收入每年減少了7.2%。雖然遠非災難性,但也不好。股價在五年內下降了11%的複合增長率,這是可以理解的,因爲該公司正在虧損,而收入也朝着錯誤的方向發展。我們認爲沒有人會急於購買這支股票。最終,它可能值得關注——如果收入增加,股價可能會隨之上漲。

The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).

下面的圖表顯示了收益和營收隨時間的變化情況(通過單擊圖像揭示確切的值)。

earnings-and-revenue-growth
SHSE:600770 Earnings and Revenue Growth June 6th 2024
SHSE:600770 2024年6月6日營業收入和盈利增長

You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.

你可以在這個免費的互動圖表中看到它的資產負債表如何隨着時間的推移而加強(或削弱)。

A Different Perspective

不同的觀點

While the broader market lost about 10% in the twelve months, Jiangsu ZongyiLTD shareholders did even worse, losing 54%. 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. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 11% over the last half decade. 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. 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. For example, we've discovered 1 warning sign for Jiangsu ZongyiLTD that you should be aware of before investing here.

雖然更廣泛的市場在過去十二個月中損失了約10%,但綜藝股份有限公司的股東表現更差,損失了54%。話雖如此,在下跌的市場中必然會有一些股票被超賣。關鍵在於密切關注基本面發展。不幸的是,去年的表現可能表明存在未解決的挑戰,因爲它比過去半個世紀的年化損失11%還糟糕。一般來說,長期股價弱勢可能是一個不好的跡象,儘管持異議態度的投資者可能希望研究該股票,希望扭轉局面。我認爲長期股價作爲業務表現的替代品非常有趣。但是爲了真正獲取洞察力,我們還需要考慮其他信息。例如,我們已發現一項警告信號,有關在這裏投資之前您應該意識到的綜藝股份有限公司。

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation).

如果您喜歡與管理層一起購買股票,那麼您可能會喜歡這個公司的免費列表。 (提示:其中許多公司不爲人注意且具有吸引力的估值。)

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。

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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