Loss-making Xiamen Xindeco (SZSE:000701) Has Seen Earnings and Shareholder Returns Follow the Same Downward Trajectory Over Past -33%
Loss-making Xiamen Xindeco (SZSE:000701) Has Seen Earnings and Shareholder Returns Follow the Same Downward Trajectory Over Past -33%
Xiamen Xindeco Ltd. (SZSE:000701) shareholders should be happy to see the share price up 24% in the last month. But that is minimal compensation for the share price under-performance over the last year. In fact, the price has declined 33% in a year, falling short of the returns you could get by investing in an index fund.
廈門鑫達公司(SZSE:000701)的股東應該高興地看到股價上漲了24%。 但對於過去一年的股價表現不佳,這只是微薄的補償。 實際上,股價在一年內下跌了33%,跌幅超出了您投資指數基金可能獲得的回報。
On a more encouraging note the company has added CN¥405m to its market cap in just the last 7 days, so let's see if we can determine what's driven the one-year loss for shareholders.
更令人鼓舞的是,該公司在過去7天僅僅增加了人民幣40500萬的市值,因此讓我們看看是否可以判斷是什麼導致了股東們一年的虧損。
Xiamen Xindeco wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Shareholders of unprofitable companies usually desire strong revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
廈門鑫達在過去十二個月內並未盈利,我們不太可能看到其股價與每股收益(EPS)之間存在強烈的相關性。可以說,營業收入是我們的下一個最佳選擇。 通常,不盈利公司的股東希望看到強勁的營業收入增長。 這是因爲快速的營業收入增長往往可以被輕鬆地推算爲前景利潤,而這些利潤通常規模相當可觀。
In just one year Xiamen Xindeco saw its revenue fall by 31%. That looks pretty grim, at a glance. Shareholders have seen the share price drop 33% in that time. What would you expect when revenue is falling, and it doesn't make a profit? It's hard to escape the conclusion that buyers must envision either growth down the track, cost cutting, or both.
僅在一年的時間裏,廈門鑫達的營業收入下降了31%。 乍一看,情況看起來相當嚴峻。 股東們在那段時間內看到股價下跌了33%。 當營業收入下滑且不實現盈利時,您會期望什麼呢? 很難逃避這樣的結論,即買家必須設想未來要麼增長,要麼削減成本,或者兩者兼有。
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
您可以看到以下收益和營收的變化情況(通過單擊圖像了解精確值)。
This free interactive report on Xiamen Xindeco's balance sheet strength is a great place to start, if you want to investigate the stock further.
如果您想進一步調查這支股票,廈門市興德浩的資產負債表實力的互動免費報告是一個很好的開始。
A Different Perspective
不同的觀點
We regret to report that Xiamen Xindeco shareholders are down 33% for the year. Unfortunately, that's worse than the broader market decline of 6.0%. 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 4% over the last half decade. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. You could get a better understanding of Xiamen Xindeco's growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
很遺憾地報告,廈門市興德浩的股東今年下跌了33%。不幸的是,這比整體市場下跌6.0%更糟糕。然而,可能僅僅是因爲股價受到了更廣泛市場的影響而受到影響。值得留意基本面情況,以防有好的機會。不幸的是,去年的表現可能表明存在未解決的挑戰,因爲它比過去半個世紀的年化損失4%更糟糕。我們意識到男爵羅斯柴爾德曾說過投資者應該在「街上有血的時候才買入」,但我們警告投資者首先要確保他們正在買入一個高質量的企業。通過查看更詳細的盈利、營業收入和現金流的歷史圖表,您可以更好地了解廈門市興德浩的增長。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.
當然,您可能在其他地方找到一家出色的企業進行投資。因此,請查看我們預計將實現盈利增長的公司的免費列表。
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。