The One-year Underlying Earnings Growth at Zhuzhou Times New Material Technology (SHSE:600458) Is Promising, but the Shareholders Are Still in the Red Over That Time
The One-year Underlying Earnings Growth at Zhuzhou Times New Material Technology (SHSE:600458) Is Promising, but the Shareholders Are Still in the Red Over That Time
It's normal to be annoyed when stock you own has a declining share price. But sometimes broader market conditions have more of an impact on prices than the actual business performance. So while the Zhuzhou Times New Material Technology Co., Ltd. (SHSE:600458) share price is down 13% in the last year, the total return to shareholders (which includes dividends) was -11%. That's better than the market which declined 17% over the last year. Even if shareholders bought some time ago, they wouldn't be particularly happy: the stock is down 12% in three years. It's down 23% in about a quarter. Of course, this share price action may well have been influenced by the 13% decline in the broader market, throughout the period.
當你擁有的股票價格下跌時感到惱火是正常的,但有時更廣泛的市場條件比實際業務表現對股票價格的影響更大。因此,儘管時代新材股份有限公司(SHSE:600458)股價在過去一年中下跌了13%,股東的總回報(包括股息)爲-11%。這比市場去年下降了17%要好。即使股東較早前購買,他們也不會特別高興:股票在三年內下跌了12%。 大約下跌了23%。當然,這種股價行動可能受到期間大市場下跌13%的影響。
Given the past week has been tough on shareholders, let's investigate the fundamentals and see what we can learn.
考慮到過去一週對股東來說是艱難的,讓我們調查一下基本面並看看我們能學到什麼。
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. 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.
引用本傑明·格雷厄姆的話:在短期內,市場是投票機,但在長期內,市場是稱重機。通過比較每股收益(EPS)和股票價格的時間變化,我們可以感受到投資者對公司的態度隨時間而變化。
During the unfortunate twelve months during which the Zhuzhou Times New Material Technology share price fell, it actually saw its earnings per share (EPS) improve by 6.4%. It could be that the share price was previously over-hyped.
在時代新材股價下跌的不幸12個月內,它的每股收益(EPS)實際上提高了6.4%。這可能是股價先前過度炒作的原因。
It's fair to say that the share price does not seem to be reflecting the EPS growth. So it's easy to justify a look at some other metrics.
公平地說,股價似乎沒有反映EPS增長。因此可以輕鬆地衡量一些其他指標。
Zhuzhou Times New Material Technology's revenue is actually up 16% over the last year. Since we can't easily explain the share price movement based on these metrics, it might be worth considering how market sentiment has changed towards the stock.
時代新材的營業收入實際上在過去一年中增長了16%。由於我們無法根據這些指標輕鬆解釋股價的走勢,因此值得考慮市場情緒如何改變股票。
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/7781/20240817/0-22094127d5f1f44600197c96893fa10e-0-41959da1676a0224bbd390a95ad746b6.png/big)
If you are thinking of buying or selling Zhuzhou Times New Material Technology stock, you should check out this FREE detailed report on its balance sheet.
如果你正在考慮買入或賣出時代新材股票,你應該查看這份免費的詳細財務報告。
A Different Perspective
不同的觀點
While it's never nice to take a loss, Zhuzhou Times New Material Technology shareholders can take comfort that , including dividends,their trailing twelve month loss of 11% wasn't as bad as the market loss of around 17%. Longer term investors wouldn't be so upset, since they would have made 0.6%, each year, over five years. It could be that the business is just facing some short term problems, but shareholders should keep a close eye on the fundamentals. 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. Case in point: We've spotted 2 warning signs for Zhuzhou Times New Material Technology you should be aware of.
雖然承受損失從來都不是什麼好事,但時代新材股東可放心,包括分紅在內,他們過去十二個月的虧損率爲11%,並不像市場虧損率約爲17%那樣糟糕。長期投資者不會那麼沮喪,因爲他們在五年內每年會賺取0.6%。業務可能只是面臨一些短期問題,但股東們應該密切關注基本面情況。我發現長期觀察股價作爲業務表現的代理很有趣,但爲了真正獲得深入的見解,我們還需要考慮其他信息。例如:我們發現 時代新材有2個警告信號,你應該注意。
For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket.
對於那些喜歡尋找獲勝投資的人來說,最近有內部購買的低估公司免費列表可能是一個很好的選擇。
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。
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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。