Qingdao DoublestarLtd (SZSE:000599 Investor One-year Losses Grow to 32% as the Stock Sheds CN¥841m This Past Week
Qingdao DoublestarLtd (SZSE:000599 Investor One-year Losses Grow to 32% as the Stock Sheds CN¥841m This Past Week
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But in any given year a good portion of stocks will fall short of that. One such example is Qingdao Doublestar Co.,Ltd (SZSE:000599), which saw its share price fall 32% over a year, against a market decline of 28%. At least the damage isn't so bad if you look at the last three years, since the stock is down 20% in that time. The last month has also been disappointing, with the stock slipping a further 34%. But this could be related to poor market conditions -- stocks are down 15% in the same time.
如今,簡單地購買指數基金很容易,而且您的回報應該(大致地)與市場相匹配。但是在任何一年中,很大一部分股票都將低於這個水平。青島雙星股份有限公司就是這樣一個例子。, Ltd(深圳證券交易所代碼:000599)的股價在一年內下跌了32%,而市場跌幅爲28%。如果你看一下過去的三年,至少損失還不錯,因爲當時該股下跌了20%。上個月也令人失望,該股又下跌了34%。但這可能與糟糕的市場狀況有關——股市同時下跌了15%。
With the stock having lost 25% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.
由於該股在過去一週下跌了25%,值得一看業務表現,看看是否有任何危險信號。
Qingdao DoublestarLtd 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. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.
青島DoublestarLtd在過去十二個月中沒有盈利,我們不太可能看到其股價與每股收益(EPS)之間存在很強的相關性。可以說,收入是我們的下一個最佳選擇。一般而言,沒有利潤的公司預計每年收入將增長,而且速度很快。一些公司願意推遲盈利以更快地增加收入,但在這種情況下,人們確實預計收入會有良好的增長。
Qingdao DoublestarLtd grew its revenue by 13% over the last year. That's not a very high growth rate considering it doesn't make profits. Given this lacklustre revenue growth, the share price drop of 32% seems pretty appropriate. In a hot market it's easy to forget growth is the life-blood of a loss making company. But if you buy a loss making company then you could become a loss making investor.
青島雙星有限公司的收入比去年增長了13%。考慮到它沒有盈利,這不是一個很高的增長率。鑑於這種低迷的收入增長,股價下跌32%似乎相當合適。在炎熱的市場中,人們很容易忘記增長是虧損公司的命脈。但是,如果你收購一家虧損公司,那麼你可能會成爲虧損的投資者。
The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).
下圖描述了收入和收入隨時間推移而發生的變化(點擊圖片即可顯示確切的數值)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240207/0-edfd34c5d431c4a29cb36819778229fb-0-44012f2f63acc1a287f03530f1efc647.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.
資產負債表的強度至關重要。可能值得一看我們關於其財務狀況如何隨着時間的推移而變化的免費報告。
A Different Perspective
不同的視角
We regret to report that Qingdao DoublestarLtd shareholders are down 32% for the year. Unfortunately, that's worse than the broader market decline of 28%. 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 4% over the last half decade. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with Qingdao DoublestarLtd , and understanding them should be part of your investment process.
我們遺憾地報告,青島雙星有限公司的股東今年下跌了32%。不幸的是,這比整個市場28%的跌幅還要嚴重。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,去年的表現可能預示着尚未解決的挑戰,因爲它比過去五年中4%的年化虧損還要糟糕。總的來說,長期股價疲軟可能是一個壞兆頭,儘管逆勢投資者可能希望研究該股以期出現轉機。我發現將長期股價視爲業務績效的代表非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。例如,投資風險的幽靈無處不在。我們已經向青島DoublestarLtd確定了1個警告信號,了解它們應該是您投資過程的一部分。
Of course Qingdao DoublestarLtd may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
當然,青島雙星可能不是最值得購買的股票。因此,您可能希望看到這批免費的成長股。
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。