Further Weakness as Chengtun Mining Group (SHSE:600711) Drops 3.3% This Week, Taking Three-year Losses to 33%
Further Weakness as Chengtun Mining Group (SHSE:600711) Drops 3.3% This Week, Taking Three-year Losses to 33%
For many investors, the main point of stock picking is to generate higher returns than the overall market. But the risk of stock picking is that you will likely buy under-performing companies. We regret to report that long term Chengtun Mining Group Co., Ltd. (SHSE:600711) shareholders have had that experience, with the share price dropping 33% in three years, versus a market decline of about 11%. The more recent news is of little comfort, with the share price down 26% in a year.
對於許多投資者來說,選股的重點是產生比整個市場更高的回報。但是選股的風險是你很可能會買入表現不佳的公司。我們遺憾地報告,成屯礦業集團有限公司(SHSE:600711)的長期股東也有這樣的經歷,股價在三年內下跌了33%,而市場跌幅約爲11%。最近的消息並不令人欣慰,股價在一年內下跌了26%。
Since Chengtun Mining Group has shed CN¥470m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.
由於成屯礦業集團在過去7天內貶值了4.7億元人民幣,讓我們看看長期下跌是否是由該企業的經濟推動的。
View our latest analysis for Chengtun Mining Group
查看我們對成屯礦業集團的最新分析
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
雖然市場是一種強大的定價機制,但股價反映了投資者的情緒,而不僅僅是潛在的業務表現。研究市場情緒如何隨着時間的推移而變化的一種方法是研究公司股價與其每股收益(EPS)之間的相互作用。
Chengtun Mining Group saw its share price decline over the three years in which its EPS also dropped, falling to a loss. Extraordinary items contributed to this situation. Due to the loss, it's not easy to use EPS as a reliable guide to the business. However, we can say we'd expect to see a falling share price in this scenario.
在每股收益也下降的三年中,成屯礦業集團的股價下跌,跌至虧損。非同尋常的物品助長了這種情況。由於虧損,使用EPS作爲可靠的業務指南並不容易。但是,我們可以說,在這種情況下,我們預計股價會下跌。
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
下圖描述了 EPS 隨着時間的推移是如何變化的(點擊圖片可以看到確切的值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231123/0-5ded3f2c5bfce60b742f1bc169e86cac-0-1eb9921a535d2ee3ce19746aa7d04cb7.png/big)
It might be well worthwhile taking a look at our free report on Chengtun Mining Group's earnings, revenue and cash flow.
我們關於成屯礦業集團收益、收入和現金流的免費報告可能值得一看。
A Different Perspective
不同的視角
While the broader market lost about 3.3% in the twelve months, Chengtun Mining Group shareholders did even worse, losing 26%. Having said that, it's inevitable that some stocks will be oversold in a falling market. The key is to keep your eyes on the fundamental developments. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 2% 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. It's always interesting to track share price performance over the longer term. But to understand Chengtun Mining Group better, we need to consider many other factors. Take risks, for example - Chengtun Mining Group has 1 warning sign we think you should be aware of.
儘管大盤在十二個月內下跌了約3.3%,但成屯礦業集團股東的表現更差,下跌了26%。話雖如此,在下跌的市場中,一些股票不可避免地會被超賣。關鍵是要密切關注基本發展。不幸的是,去年的表現可能表明挑戰尚未得到解決,因爲這比過去五年來2%的年化虧損還要嚴重。我們意識到,羅斯柴爾德男爵曾說過,投資者應該 “在街頭流血時買入”,但我們警告說,投資者應首先確保他們購買的是高質量的企業。從長遠來看,追蹤股價表現總是很有意思的。但是,爲了更好地了解成屯礦業集團,我們需要考慮許多其他因素。以冒險爲例,成屯礦業集團有1個警告信號我們認爲你應該注意。
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,通過尋找其他地方,你可能會找到一筆不錯的投資。因此,請看一下我們預計收益將增加的這份免費公司名單。
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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。