Strong Week for Guangdong Wenke Green TechnologyLtd (SZSE:002775) Shareholders Doesn't Alleviate Pain of Five-year Loss
Strong Week for Guangdong Wenke Green TechnologyLtd (SZSE:002775) Shareholders Doesn't Alleviate Pain of Five-year Loss
Over the last month the Guangdong Wenke Green Technology Corp.,Ltd. (SZSE:002775) has been much stronger than before, rebounding by 41%. But if you look at the last five years the returns have not been good. You would have done a lot better buying an index fund, since the stock has dropped 56% in that half decade.
在过去的一个月中,广东文科绿色科技股份有限公司(深圳证券交易所:002775)比以前强劲得多,反弹了41%。但是,如果你看看过去的五年,回报并不理想。购买指数基金的表现要好得多,因为该股在那五年中下跌了56%。
While the last five years has been tough for Guangdong Wenke Green TechnologyLtd shareholders, this past week has shown signs of promise. So let's look at the longer term fundamentals and see if they've been the driver of the negative returns.
尽管过去五年对广东温科绿色科技有限公司的股东来说是艰难的,但过去一周显示出希望的迹象。因此,让我们来看看长期基本面,看看它们是否是负回报的驱动力。
Given that Guangdong Wenke Green 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. Shareholders of unprofitable companies usually expect strong revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
鉴于广东文科绿色科技有限公司在过去十二个月中没有盈利,我们将专注于收入增长,以快速了解其业务发展。无利可图的公司的股东通常期望强劲的收入增长。这是因为快速的收入增长可以很容易地推断出来预测利润,通常规模相当大。
In the last five years Guangdong Wenke Green TechnologyLtd saw its revenue shrink by 22% per year. That's definitely a weaker result than most pre-profit companies report. It seems appropriate, then, that the share price slid about 9% annually during that time. We don't generally like to own companies that lose money and don't grow revenues. You might be better off spending your money on a leisure activity. You'd want to research this company pretty thoroughly before buying, it looks a bit too risky for us.
在过去的五年中,广东文科绿色科技有限公司的收入每年减少22%。这绝对比大多数盈利前公司报告的结果要差。因此,在此期间,股价每年下跌约9%似乎是恰当的。我们通常不喜欢拥有亏损且收入不增长的公司。你最好把钱花在休闲活动上。在收购之前,你需要对这家公司进行彻底的研究,这对我们来说看起来有点太冒险了。
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
下图显示了收入和收入随时间推移的跟踪情况(如果您点击图片,可以看到更多细节)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240313/0-181509513cfca4d9879d7cde854516c0-0-6671bee28efe5ab0eb06c1aea06bd7c3.png/big)
It's probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here..
可能值得注意的是,首席执行官的薪水低于类似规模公司的中位数。但是,尽管首席执行官的薪酬总是值得检查的,但真正重要的问题是公司未来能否增加收益。在买入或卖出股票之前,我们始终建议仔细研究历史增长趋势,请点击此处。
What About The Total Shareholder Return (TSR)?
那么股东总回报(TSR)呢?
Investors should note that there's a difference between Guangdong Wenke Green TechnologyLtd's total shareholder return (TSR) and its share price change, which we've covered above. Arguably the TSR is a more complete return calculation because it accounts for the value of dividends (as if they were reinvested), along with the hypothetical value of any discounted capital that have been offered to shareholders. Dividends have been really beneficial for Guangdong Wenke Green TechnologyLtd shareholders, and that cash payout explains why its total shareholder loss of 40%, over the last 5 years, isn't as bad as the share price return.
投资者应注意,广东温科绿色科技有限公司的股东总回报率(TSR)与其股价变动之间存在差异,我们在上面已经介绍了这一点。可以说,股东总回报率是更完整的回报计算方法,因为它考虑了股息的价值(就好像是再投资一样),以及向股东提供的任何贴现资本的假设价值。分红确实为广东文科绿色科技有限公司的股东带来了好处,这笔现金支付解释了为什么其在过去5年中股东总亏损40%还不如股价回报率那么糟糕。
A Different Perspective
不同的视角
While the broader market lost about 13% in the twelve months, Guangdong Wenke Green TechnologyLtd shareholders did even worse, losing 29%. 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. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 7% per year over five years. 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. 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 4 warning signs with Guangdong Wenke Green TechnologyLtd (at least 2 which are potentially serious) , and understanding them should be part of your investment process.
尽管整个市场在十二个月中下跌了约13%,但广东温科绿色科技有限公司股东的表现甚至更糟,跌幅为29%。话虽如此,在下跌的市场中,一些股票不可避免地会被超卖。关键是要密切关注基本发展。遗憾的是,去年的业绩结束了糟糕的表现,股东在五年内每年面临7%的总亏损。我们意识到罗斯柴尔德男爵曾说过,投资者应该 “在街头流血时买入”,但我们警告说,投资者应首先确保他们购买的是高质量的企业。我发现将长期股价视为业务绩效的代表非常有趣。但是,要真正获得见解,我们还需要考虑其他信息。例如,投资风险的幽灵无处不在。我们已经向广东文科绿色科技有限公司确定了4个警告信号(至少2个可能很严重),了解它们应该是您投资过程的一部分。
Of course Guangdong Wenke Green TechnologyLtd may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,广东文科绿色科技有限公司可能不是最好的买入股票。因此,您可能希望看到这批免费的成长股。
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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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。