Eurocrane (China)'s (SHSE:603966) Earnings Have Declined Over Year, Contributing to Shareholders 38% Loss
Eurocrane (China)'s (SHSE:603966) Earnings Have Declined Over Year, Contributing to Shareholders 38% Loss
This week we saw the Eurocrane (China) Co., Ltd. (SHSE:603966) share price climb by 16%. But that doesn't change the fact that the returns over the last year have been less than pleasing. In fact the stock is down 39% in the last year, well below the market return.
本週我們看到歐洲起重機(中國)有限公司(上海證券交易所代碼:603966)的股價上漲了16%。但這並不能改變這樣一個事實,即去年的回報並不令人滿意。實際上,該股去年下跌了39%,遠低於市場回報率。
The recent uptick of 16% could be a positive sign of things to come, so let's take a look at historical fundamentals.
最近16%的上漲可能是即將發生的事情的積極信號,所以讓我們來看看歷史基本面。
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
不可否認,市場有時是有效的,但價格並不總是能反映潛在的業務表現。考慮市場對公司的看法發生了怎樣的變化的一種不完美但簡單的方法是將每股收益(EPS)的變化與股價走勢進行比較。
Unhappily, Eurocrane (China) had to report a 2.6% decline in EPS over the last year. This reduction in EPS is not as bad as the 39% share price fall. So it seems the market was too confident about the business, a year ago.
不幸的是,Eurocrane(中國)不得不報告去年每股收益下降2.6%。每股收益的下降沒有股價下跌39%那麼糟糕。因此,一年前,市場似乎對該業務過於自信。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
你可以在下面看到 EPS 是如何隨着時間的推移而變化的(點擊圖片發現確切的值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240224/0-a38d7eef1e83bf2acb8261a309166022-0-425745af81d64f22937c60d72f71b548.png/big)
It's probably worth noting that the CEO is paid less than the median at similar sized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. Dive deeper into the earnings by checking this interactive graph of Eurocrane (China)'s earnings, revenue and cash flow.
可能值得注意的是,首席執行官的薪水低於類似規模公司的中位數。始終值得關注首席執行官的薪酬,但更重要的問題是公司多年來是否會增加收益。查看這張Eurocrane(中國)收益、收入和現金流的互動圖表,深入了解收益。
A Different Perspective
不同的視角
While the broader market lost about 19% in the twelve months, Eurocrane (China) shareholders did even worse, losing 38% (even including dividends). However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 6% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. 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 2 warning signs with Eurocrane (China) , and understanding them should be part of your investment process.
儘管整個市場在十二個月中下跌了約19%,但Eurocrane(中國)股東的表現甚至更糟,損失了38%(甚至包括股息)。但是,可能只是股價受到了更廣泛的市場緊張情緒的影響。如果有很好的機會,可能值得關注基本面。好的一面是,長期股東賺了錢,在過去的五年中,每年增長6%。如果基本面數據繼續顯示長期可持續增長,那麼當前的拋售可能是一個值得考慮的機會。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Eurocrane(中國)確定了兩個警告信號,了解它們應該是您投資過程的一部分。
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
如果你像我一樣,那麼你不會想錯過這份業內人士正在收購的成長型公司的免費名單。
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。