Gansu Jiu Steel Group Hongxing Iron & SteelLtd (SHSE:600307 Shareholders Incur Further Losses as Stock Declines 3.2% This Week, Taking Three-year Losses to 18%
Gansu Jiu Steel Group Hongxing Iron & SteelLtd (SHSE:600307 Shareholders Incur Further Losses as Stock Declines 3.2% This Week, Taking Three-year Losses to 18%
It is doubtless a positive to see that the Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. (SHSE:600307) share price has gained some 45% in the last three months. But that doesn't change the fact that the returns over the last three years have been less than pleasing. In fact, the share price is down 18% in the last three years, falling well short of the market return.
毫無疑問,看到甘肅酒鋼集團宏興鋼鐵有限公司(SHSE:600307)的股價在過去三個月上漲了約45%是一個積極的消息。 但這並不能改變過去三年回報率不盡如人意的事實。 實際上,過去三年股價下跌了18%,遠遠低於市場回報。
Since Gansu Jiu Steel Group Hongxing Iron & SteelLtd has shed CN¥376m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.
由於甘肅酒鋼集團宏興鋼鐵有限公司在過去7天內損失了37600萬CN¥的價值,我們來看看長期的下滑是否是由業務經濟因素驅動的。
Given that Gansu Jiu Steel Group Hongxing Iron & SteelLtd didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. When a company doesn't make profits, we'd generally hope to see good revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
考慮到甘肅酒鋼集團宏興鋼鐵有限公司在過去十二個月沒有盈利,我們將關注營業收入增長,以快速了解其業務發展情況。 當一家公司沒有盈利時,我們通常希望看到良好的營業收入增長。 正如你可以想象的那樣,持續的快速營業收入增長往往導致快速的利潤增長。
In the last three years Gansu Jiu Steel Group Hongxing Iron & SteelLtd saw its revenue shrink by 13% per year. That is not a good result. The annual decline of 6% per year in that period has clearly disappointed holders. And with no profits, and weak revenue, are you surprised? Of course, sentiment could become too negative, and the company may actually be making progress to profitability.
在過去三年中,甘肅酒鋼集團宏興鋼鐵有限公司的營業收入每年縮減13%。 這個結果不好。 在這一時期每年的6%的持續下降顯然讓股東感到失望。 而且沒有利潤,營業收入也疲軟,你感到驚訝嗎? 當然,情緒可能會變得過於負面,公司實際上可能在盈利方面取得了進展。
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)。

Take a more thorough look at Gansu Jiu Steel Group Hongxing Iron & SteelLtd's financial health with this free report on its balance sheet.
通過這份有關甘肅九鋼集團紅星鋼鐵有限公司的資產負債表的免費報告,您可以更全面地了解其財務健康狀況。
A Different Perspective
不同的視角
It's good to see that Gansu Jiu Steel Group Hongxing Iron & SteelLtd has rewarded shareholders with a total shareholder return of 17% in the last twelve months. Notably the five-year annualised TSR loss of 1.7% per year compares very unfavourably with the recent share price performance. This makes us a little wary, but the business might have turned around its fortunes. 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 2 warning signs with Gansu Jiu Steel Group Hongxing Iron & SteelLtd , and understanding them should be part of your investment process.
很高興看到甘肅九鋼集團紅星鋼鐵有限公司在過去十二個月裏爲股東提供了17%的總股東回報率。值得注意的是,五年年化總股東回報率每年下降1.7%,與近期的股價表現相比非常不利。這讓我們有些不安,但這個業務可能已經扭轉了其命運。雖然值得考慮市場條件對股價的不同影響,但還有其他因素更爲重要。例如,始終存在的投資風險的威脅。我們已經識別出甘肅九鋼集團紅星鋼鐵有限公司的兩個預警信號,理解這些信號應該成爲您投資流程的一部分。
But note: Gansu Jiu Steel Group Hongxing Iron & SteelLtd may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
但請注意:甘肅九鋼集團紅星鋼鐵有限公司可能並不是最佳的買入股票。因此請查看這份包含過去收益增長(以及進一步增長預測)的有趣公司的免費名單。
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,本文中引用的市場回報反映了目前在中國交易所交易的股票的市場加權平均回報。
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對本文有反饋?對內容有疑慮?請直接與我們聯繫。或者,發送電子郵件至 editorial-team (at) simplywallst.com。
這篇來自Simply Wall St的文章是一般性的。我們根據歷史數據和分析師預測提供評論,採用無偏見的方法,我們的文章並不旨在提供財務建議。它不構成對任何股票的買入或賣出建議,也未考慮到您的目標或財務狀況。我們旨在爲您提供以基本數據驅動的長期分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St在提到的任何股票中均沒有持倉。