Jiangsu Eastern ShenghongLtd (SZSE:000301) Investors Are Sitting on a Loss of 76% If They Invested Three Years Ago
Jiangsu Eastern ShenghongLtd (SZSE:000301) Investors Are Sitting on a Loss of 76% If They Invested Three Years Ago
As an investor, mistakes are inevitable. But you have a problem if you face massive losses more than once in a while. So spare a thought for the long term shareholders of Jiangsu Eastern Shenghong Co.,Ltd. (SZSE:000301); the share price is down a whopping 77% in the last three years. That'd be enough to cause even the strongest minds some disquiet. The more recent news is of little comfort, with the share price down 35% in a year. 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 13% decline in the broader market, throughout the period.
作爲投資者,犯錯誤是不可避免的。但是,如果你總是面臨大量損失,那就是個問題。所以,讓我們來爲東方盛虹股份有限公司(SZSE:000301)的長期股東準備一下。在過去三年中,股價下跌了驚人的77%。即使是最堅強的心靈也會感到不安。最近的消息更令人心灰意冷,股價在一年內下跌了35%。此外,在一個季度中下跌了19%。對股東來說,這並不好玩。當然,這種股價行爲很可能受到整個時期市場下跌13%的影響。
Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns.
由於股東們長期以來都虧損了,因此讓我們回顧過去一段時間的基本面,看看是否一直與收益相一致。
While Jiangsu Eastern ShenghongLtd made a small profit, in the last year, we think that the market is probably more focussed on the top line growth at the moment. As a general rule, we think this kind of company is more comparable to loss-making stocks, since the actual profit is so low. It would be hard to believe in a more profitable future without growing revenues.
雖然江蘇東方盛虹股份有限公司在過去一年中實現了小額盈利,但我們認爲目前市場可能更關注其收入增長。作爲一個一般規則,我們認爲這種公司更可與虧損股票相比,因爲實際利潤非常低。如果收入不增長,很難相信會有更高的盈利未來。
Over three years, Jiangsu Eastern ShenghongLtd grew revenue at 43% per year. That's well above most other pre-profit companies. So on the face of it we're really surprised to see the share price down 21% a year in the same time period. You'd want to take a close look at the balance sheet, as well as the losses. Sometimes fast revenue growth doesn't lead to profits. Unless the balance sheet is strong, the company might have to raise capital.
在過去的三年裏,江蘇東方盛虹股份有限公司的營業收入每年增長了43%。這遠高於大多數其他未盈利的公司。因此,從表面上看,在同一時間段內,股價下跌了21%確實讓我們感到非常驚訝。你需要仔細查看資產負債表和損失情況。有時,快速的營收增長並不會導致利潤。除非資產負債表穩健,否則公司可能需要籌資。
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)。
![1724633117779](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240826/42841122-0-2f1799d293f77827b691cefd82b5b6e5.webp/bigjpg)
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 16% in the twelve months, Jiangsu Eastern ShenghongLtd shareholders did even worse, losing 34% (even including dividends). 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. On the bright side, long term shareholders have made money, with a gain of 9% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. 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. Consider for instance, the ever-present spectre of investment risk. We've identified 4 warning signs with Jiangsu Eastern ShenghongLtd (at least 2 which are concerning) , and understanding them should be part of your investment process.
儘管整個市場在過去的12個月中損失了大約16%,但江蘇東方盛虹股份有限公司的股東的損失更嚴重,損失了34%(包括分紅在內)。然而,股價可能僅受到整個市場的不安情緒的影響。以防萬一有一個好的機會,值得密切關注基本面。值得欣慰的是,長期股東獲得了盈利,五年間年均增益達到9%。如果基本數據繼續顯示出長期可持續增長,當前的拋售可能是值得考慮的機會。我發現長期來看股價作爲業務績效的替代指標非常有趣。但是要真正獲得洞察力,我們還需要考慮其他信息。例如,投資風險的永恒幽靈。我們已經找到了江蘇東方盛虹股份有限公司的4個警示信號(至少有2個令人擔憂),了解它們應該是您投資過程的一部分。
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。
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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。