Rongsheng Petrochemical's (SZSE:002493) Earnings Have Declined Over Three Years, Contributing to Shareholders 52% Loss
Rongsheng Petrochemical's (SZSE:002493) Earnings Have Declined Over Three Years, Contributing to Shareholders 52% Loss
If you are building a properly diversified stock portfolio, the chances are some of your picks will perform badly. But long term Rongsheng Petrochemical Co., Ltd. (SZSE:002493) shareholders have had a particularly rough ride in the last three year. Unfortunately, they have held through a 54% decline in the share price in that time. And the ride hasn't got any smoother in recent times over the last year, with the price 29% lower in that time. Furthermore, it's down 19% in about a quarter. That's not much fun for holders. Of course, this share price action may well have been influenced by the 8.1% decline in the broader market, throughout the period.
如果您正在建立一個多元化的股票投資組合,您的一些選擇也許表現不佳。然而,長期的榮盛石化股份有限公司(SZSE:002493)股東在過去的三年裏尤其遭受了重創。不幸的是,他們在這段時間裏持有了股票價格下跌了54%。而在過去的一年裏,股價又下跌了29%。此外,股價在大約一個季度內下跌了19%。這對持有者來說並不是很有趣。當然,此股價格的行動可能受整個時期中證券市場下跌8.1%的影響。
Although the past week has been more reassuring for shareholders, they're still in the red over the last three years, so let's see if the underlying business has been responsible for the decline.
儘管過去一週對股東來說更令人放心,但在過去的三年中,他們仍然處於虧損狀態,因此讓我們看看基本業務是否對下降負責。
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
雖然市場是一個強大的定價機制,但股價反映的不僅僅是企業的基本業績,還有投資者的情緒。一個不完美但簡單的方式來考慮公司市場意識的變化是比較每股收益(EPS)的變化和股價的變化。
During five years of share price growth, Rongsheng Petrochemical moved from a loss to profitability. That would generally be considered a positive, so we are surprised to see the share price is down. So it's worth looking at other metrics to try to understand the share price move.
在五年股票價格上漲的期間內,榮盛石化已經從虧損轉爲盈利。一般來說,這被認爲是一個積極的跡象,因此我們很驚訝看到股票價格下跌了。所以,值得看看其他度量標準,以嘗試理解股票價格的波動。
The modest 1.1% dividend yield is unlikely to be guiding the market view of the stock. Revenue is actually up 30% over the three years, so the share price drop doesn't seem to hinge on revenue, either. This analysis is just perfunctory, but it might be worth researching Rongsheng Petrochemical more closely, as sometimes stocks fall unfairly. This could present an opportunity.
適度的1.1%股息率不太可能影響到該股票的市場價值。營業收入在過去三年中實際上增長了30%,因此股價下跌似乎並不取決於營業收入。這個分析只是例行公事,但是仔細研究榮盛石化可能是值得的,因爲有時股票的跌價是不公正的。這可能會帶來機會。
The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).
以下圖像顯示了公司的營業收入和盈利(隨時間變化)(單擊以查看準確的數字)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240801/0-eb1cd7cbd7f8952487cf32f1f734ee0a-0-91d07fdce370e321f467d4b1955e14ff.png/big)
We know that Rongsheng Petrochemical has improved its bottom line lately, but what does the future have in store? If you are thinking of buying or selling Rongsheng Petrochemical stock, you should check out this free report showing analyst profit forecasts.
我們知道榮盛石化最近改善了它的底線,但未來會怎樣呢?如果您正在考慮買入或賣出榮盛石化股票,您應該查看這份免費報告,其中顯示了分析師的盈利預測。
A Different Perspective
不同的觀點
We regret to report that Rongsheng Petrochemical shareholders are down 28% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 18%. 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 5%, 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. Even so, be aware that Rongsheng Petrochemical is showing 2 warning signs in our investment analysis , and 1 of those can't be ignored...
我們很遺憾地報告,榮盛石化的股東今年下跌了28%(即使包括分紅派息)。不幸的是,這比整個市場下跌18%還要糟糕。話雖如此,在下跌市場中有些股票不可避免地被低估。關鍵是要密切關注基本面的發展。長期投資者不會感到如此沮喪,因爲他們在五年中每年都賺了5%。最近的拋售可能是一個機會,因此,檢查基本數據以尋找長期增長趨勢的跡象可能是值得的。雖然考慮到市場條件對股票價格的不同影響是非常值得的,但還有其他更重要的因素。即使如此,請注意在我們的投資分析中,榮盛石化顯示了2個警告信號,其中1個無法忽略......
Of course Rongsheng Petrochemical may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
當然,榮盛石化可能不是最好的股票選擇。因此,您可以查看這個免費的成長股票集合。
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。