Market Is Not Liking Gem-Year IndustrialLtd's (SHSE:601002) Earnings Decline as Stock Retreats 12% This Week
Market Is Not Liking Gem-Year IndustrialLtd's (SHSE:601002) Earnings Decline as Stock Retreats 12% This Week
The main aim of stock picking is to find the market-beating stocks. But even the best stock picker will only win with some selections. So we wouldn't blame long term Gem-Year Industrial Co.,Ltd. (SHSE:601002) shareholders for doubting their decision to hold, with the stock down 27% over a half decade. On top of that, the share price is down 12% in the last week. However, this move may have been influenced by the broader market, which fell 5.6% in that time.
选股的主要目的是找到击败市场的股票。但是,即使是最好的选股者也只能通过以下方式获胜 一些 选择。因此,从长远来看,我们不会责怪金亿实业公司, Ltd.(上海证券交易所代码:601002)的股东对他们的持股决定表示怀疑,该股在五年内下跌了27%。最重要的是,上周股价下跌了12%。但是,这一举动可能受到大盘的影响,当时大盘下跌了5.6%。
Since Gem-Year IndustrialLtd has shed CN¥547m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.
由于Gem-Year IndustrialLTD在过去7天内已从其价值下跌了5.47亿元人民币,因此让我们看看长期下跌是否是由该企业的经济推动的。
View our latest analysis for Gem-Year IndustrialLtd
查看我们对金亿工业有限公司的最新分析
While Gem-Year IndustrialLtd 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. Generally speaking, we'd consider a stock like this alongside loss-making companies, simply because the quantum of the profit is so low. It would be hard to believe in a more profitable future without growing revenues.
尽管Gem-Year IndustrialLTD取得了小额利润,但在去年,我们认为目前市场可能更加关注收入增长。总的来说,我们会将这样的股票与亏损公司一起考虑,这仅仅是因为利润量太低了。如果不增加收入,很难相信未来会有更有利可图的未来。
In the last five years Gem-Year IndustrialLtd saw its revenue shrink by 6.2% per year. That's not what investors generally want to see. The stock hasn't done well for shareholders in the last five years, falling 5%, annualized. But it doesn't surprise given the falling revenue. Without profits, its hard to see how shareholders win if the revenue keeps falling.
在过去五年中,金亿工业有限公司的收入每年下降6.2%。这不是投资者普遍希望看到的。该股在过去五年中对股东表现不佳,按年计算下跌了5%。但考虑到收入的下降,这并不奇怪。没有利润,如果收入持续下降,就很难看出股东如何获胜。
You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).
您可以在下图中看到收入和收入随时间推移而发生的变化(点击图表查看确切值)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240124/0-91b9d0b7fa317910a89e674fbc835f77-0-15201f580a3f8d4e1411e79c8fa0713e.png/big)
This free interactive report on Gem-Year IndustrialLtd's balance sheet strength is a great place to start, if you want to investigate the stock further.
如果你想进一步调查该股,这份关于Gem-Year IndustrialLTD资产负债表实力的免费互动报告是一个很好的起点。
What About Dividends?
分红呢?
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Gem-Year IndustrialLtd's TSR for the last 5 years was -24%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence!
在考虑投资回报时,重要的是要考虑两者之间的区别 股东总回报 (TSR) 和 股价回报。股东总回报率是一种回报计算方法,它考虑了现金分红的价值(假设收到的任何股息都经过再投资)以及任何贴现资本筹集和分拆的计算价值。因此,对于支付丰厚股息的公司来说,股东总回报率通常远高于股价回报率。碰巧的是,金亿工业股份有限公司过去5年的股东总回报率为-24%,超过了前面提到的股价回报率。而且,猜测股息支付在很大程度上解释了这种分歧是没有好处的!
A Different Perspective
不同的视角
While it's never nice to take a loss, Gem-Year IndustrialLtd shareholders can take comfort that , including dividends,their trailing twelve month loss of 7.4% wasn't as bad as the market loss of around 21%. Given the total loss of 4% per year over five years, it seems returns have deteriorated in the last twelve months. Whilst Baron Rothschild does tell the investor "buy when there's blood in the streets, even if the blood is your own", buyers would need to examine the data carefully to be comfortable that the business itself is sound. It's always interesting to track share price performance over the longer term. But to understand Gem-Year IndustrialLtd better, we need to consider many other factors. Like risks, for instance. Every company has them, and we've spotted 3 warning signs for Gem-Year IndustrialLtd (of which 1 doesn't sit too well with us!) you should know about.
尽管亏损从来都不是一件好事,但Gem-Year IndustrialLTD的股东可以放心,包括股息在内,他们过去十二个月的7.4%亏损没有市场损失约21%的那么严重。鉴于五年来每年的总损失为4%,在过去的十二个月中,回报率似乎有所下降。尽管罗斯柴尔德男爵确实告诉投资者 “街上有血时买入,即使血液是你自己的”,但买家需要仔细检查数据,以确定业务本身是健全的。长期跟踪股价表现总是很有意思的。但是,为了更好地了解金亿工业有限公司,我们需要考虑许多其他因素。比如风险。每家公司都有它们,我们已经发现了金亿工业的3个警告信号(其中1个对我们来说不太合适!)你应该知道。
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
对于那些喜欢寻找中奖投资的人来说,这份最近有内幕收购的成长型公司的免费名单可能只是门票。
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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。