Swelling Losses Haven't Held Back Gains for Shenzhen Kingsino TechnologyLtd (SZSE:002548) Shareholders Since They're up 52% Over 5 Years
Swelling Losses Haven't Held Back Gains for Shenzhen Kingsino TechnologyLtd (SZSE:002548) Shareholders Since They're up 52% Over 5 Years
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. Buying under-rated businesses is one path to excess returns. For example, the Shenzhen Kingsino Technology Co.,Ltd. (SZSE:002548) share price is up 51% in the last 5 years, clearly besting the market return of around 34% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 5.2%.
一般来说,主动选股的目的是找到那些提供高于市场平均水平的回报的公司。收购评级偏低的企业是获得超额回报的一条途径。例如,深圳市金西诺科技有限公司。(SZSE:002548)股价在过去5年中上涨了51%,显然超过了约34%的市场回报率(不考虑股息)。另一方面,最近的涨幅没有那么令人印象深刻,股东的涨幅仅为5.2%。
While this past week has detracted from the company's five-year return, let's look at the recent trends of the underlying business and see if the gains have been in alignment.
虽然过去一周该公司的五年回报率有所下降,但让我们来看看基本业务的近期趋势,看看收益是否一致。
See our latest analysis for Shenzhen Kingsino TechnologyLtd
查看我们对深圳金思诺科技有限公司的最新分析
Given that Shenzhen Kingsino TechnologyLtd 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 expect to see good revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
鉴于深圳金思诺科技有限公司在过去12个月中没有盈利,我们将重点关注收入增长,以快速了解其业务发展。当一家公司没有盈利时,我们通常预计会看到良好的收入增长。这是因为快速的收入增长可以很容易地推断出预期利润,通常是相当大的规模。
For the last half decade, Shenzhen Kingsino TechnologyLtd can boast revenue growth at a rate of 13% per year. That's a pretty good long term growth rate. While the share price has beat the market, compounding at 9% yearly, over five years, there's certainly some potential that the market hasn't fully considered the growth track record. If revenue growth can maintain for long enough, it's likely profits will flow. Lack of earnings means you have to project further into the future justify the valuation on the basis of future free cash flow.
在过去的五年里,深圳金西诺科技有限公司的收入以每年13%的速度增长。这是一个相当不错的长期增长率。尽管该公司的股价在过去五年中以每年9%的复合增长率跑赢大盘,但市场仍有一些潜力没有充分考虑到它的增长记录。如果收入增长能够保持足够长的时间,利润很可能会流入。缺乏收益意味着你必须进一步预测未来,根据未来的自由现金流来证明估值的合理性。
The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).
该公司的收入和收益(随着时间的推移)如下图所示(点击查看具体数字)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231020/0-9db7e8c6c721e634a9146c0e9c07e3ac-0-7582d23ef064e32f2a82afc88f2c1443.png/big)
Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
资产负债表的强健至关重要。也许很值得一看我们的免费报告其财务状况如何随着时间的推移而发生变化。
A Different Perspective
不同的视角
It's nice to see that Shenzhen Kingsino TechnologyLtd shareholders have received a total shareholder return of 5.2% over the last year. However, that falls short of the 9% TSR per annum it has made for shareholders, each year, over five years. Potential buyers might understandably feel they've missed the opportunity, but it's always possible business is still firing on all cylinders. 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. Like risks, for instance. Every company has them, and we've spotted 2 warning signs for Shenzhen Kingsino TechnologyLtd (of which 1 is potentially serious!) you should know about.
很高兴看到深圳金西诺科技有限公司的股东在过去一年中获得了5.2%的总股东回报。然而,这低于它在过去五年中每年为股东创造的9%的TSR。潜在买家可能会觉得他们错过了预期的机会,这是可以理解的,但业务仍有可能仍然全速运转。虽然值得考虑市场状况对股价可能产生的不同影响,但还有其他更重要的因素。比如风险。每家公司都有它们,我们已经发现深圳金思诺科技有限公司的2个警告标志(其中1人可能是严重的!)你应该知道。
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.
当然了,如果你把目光投向别处,你可能会发现这是一笔很棒的投资。所以让我们来看看这个免费我们预计收益将会增长的公司名单。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Chinese exchanges.
请注意,本文引用的市场回报反映了目前在中国交易所交易的股票的市场加权平均回报。
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本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。