Earnings Are Growing at ShanDongDenghai SeedsLtd (SZSE:002041) but Shareholders Still Don't Like Its Prospects
Earnings Are Growing at ShanDongDenghai SeedsLtd (SZSE:002041) but Shareholders Still Don't Like Its Prospects
If you love investing in stocks you're bound to buy some losers. Long term ShanDongDenghai Seeds Co.,Ltd (SZSE:002041) shareholders know that all too well, since the share price is down considerably over three years. Sadly for them, the share price is down 53% in that time. And over the last year the share price fell 51%, so we doubt many shareholders are delighted. The falls have accelerated recently, with the share price down 19% in the last three months.
如果你熱愛投資股票,你就有可能買入一些失敗者。從長期來看,登海種業股份有限公司(SZSE:002041)的股東們深有體會,因爲股價在過去的三年裏大幅下跌。不幸的是,這家公司的股價在這段時間內下跌了53%。而且在過去的一年裏,股價下跌了51%,因此我們懷疑很少有股東會感到高興。股價的下跌近期加速,過去三個月下跌了19%。
Since ShanDongDenghai SeedsLtd has shed CN¥484m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.
由於登海種業股份有限公司在過去7天內市值下跌了48400萬元人民幣,因此讓我們看看更長期的下跌是否是由公司的商業經濟所驅動的。
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. 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.
雖然一些人仍然在教授高效市場假說,但已經證明市場是過度反應的動態系統,投資者不總是理性的。一種有缺陷但合理的評估公司情緒變化的方法是比較每股收益 (EPS) 與股價。
During the unfortunate three years of share price decline, ShanDongDenghai SeedsLtd actually saw its earnings per share (EPS) improve by 24% per year. This is quite a puzzle, and suggests there might be something temporarily buoying the share price. Or else the company was over-hyped in the past, and so its growth has disappointed.
在不幸的三年股價下跌期間,山東登海種業股份有限公司的每股收益(EPS)實際上每年提高了24%。 這是一個相當棘手的問題,並表明股價可能存在一些暫時的支撐。或者該公司在過去被過度炒作,因此其增長已經令人失望。
It's worth taking a look at other metrics, because the EPS growth doesn't seem to match with the falling share price.
值得關注其他指標,因爲EPS增長似乎與股價下跌不符。
The modest 0.5% dividend yield is unlikely to be guiding the market view of the stock. We note that, in three years, revenue has actually grown at a 16% annual rate, so that doesn't seem to be a reason to sell shares. This analysis is just perfunctory, but it might be worth researching ShanDongDenghai SeedsLtd more closely, as sometimes stocks fall unfairly. This could present an opportunity.
適度的0.5%股息收益率不太可能影響股票市場對該股的看法。我們注意到,在三年內,收入實際上以16%的年增長率增長,因此似乎沒有理由賣出股票。這種分析只是形式上的,但值得更仔細地研究登海種業股份有限公司,有時股票會不公平地下跌。這可能會帶來機會。
You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).
你可以在下面的圖片中看到收入和營業收入隨時間的變化情況(單擊圖表可查看精確值)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240725/0-4059c653286d8d866a2c540f53724d02-0-6efa72eb69faa8eb5f3bde50e82c80f9.png/big)
We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. You can see what analysts are predicting for ShanDongDenghai SeedsLtd in this interactive graph of future profit estimates.
我們很高興地報告說,與資本相似的公司的大多數首席執行官相比,該公司的CEO的報酬更爲適中。CEO的薪酬始終值得關注,但更重要的問題是公司是否會在未來多年實現盈利增長。您可以查看ShanDongDenghai SeedsLtd未來利潤預測的交互式圖表,了解分析師的預測。
A Different Perspective
不同的觀點
We regret to report that ShanDongDenghai SeedsLtd shareholders are down 51% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 19%. 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. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 1.0% 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. 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 1 warning sign with ShanDongDenghai SeedsLtd , and understanding them should be part of your investment process.
不幸的是,登海種業股份有限公司的股東們在一年中(包括股息分紅)的回報下降了51%。不幸的是,這比整個市場下降的19%還要糟糕。然而,這可能僅僅是股價受到更廣泛市場擔憂的影響。值得關注的基本面,以尋找投資機會。不幸的是,去年的表現可能表明存在未解決的挑戰,因爲其表現比過去五年的平均虧損1.0%更糟。一般來說,長期的股價疲軟可能是一個不好的信號,儘管對於反向投資者來說,可能要研究這隻股票,以期實現扭轉局面的機會。雖然考慮市場狀況可能對股價產生不同的影響非常值得,但其他更重要的因素也同樣重要。考慮到投資風險始終存在的風險,我們已經確定了一項警告信號,必須在投資過程中加以理解。
If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying.
如果您像我一樣,就不會希望錯過這份免費的內部人士正在購買的低估小市值股票列表。
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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。