Further Weakness as CNFC Overseas FisheriesLtd (SZSE:000798) Drops 16% This Week, Taking One-year Losses to 39%
Further Weakness as CNFC Overseas FisheriesLtd (SZSE:000798) Drops 16% This Week, Taking One-year Losses to 39%
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. While individual stocks can be big winners, plenty more fail to generate satisfactory returns. Unfortunately the CNFC Overseas Fisheries Co.,Ltd (SZSE:000798) share price slid 39% over twelve months. That falls noticeably short of the market decline of around 17%. Longer term shareholders haven't suffered as badly, since the stock is down a comparatively less painful 26% in three years. Furthermore, it's down 20% in about a quarter. That's not much fun for holders. We note that the company has reported results fairly recently; and the market is hardly delighted. You can check out the latest numbers in our company report.
被動投資指數基金是確保自己的回報與整個市場大致相匹配的好方法。儘管個股可以成爲大贏家,但更多股票無法產生令人滿意的回報。不幸的是,CNFC海外漁業有限公司, Ltd(深圳證券交易所股票代碼:000798)的股價在十二個月內下跌了39%。這明顯低於市場17%左右的跌幅。長期股東的損失沒有那麼嚴重,因爲該股在三年內下跌了26%的痛苦。此外,它在大約一個季度內下降了20%。對於持有者來說,這沒什麼好玩的。我們注意到,該公司最近公佈了業績;市場對此並不滿意。你可以在我們的公司報告中查看最新的數字。
Since CNFC Overseas FisheriesLtd has shed CN¥468m 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CNFC Overseas FisheriesLtd在過去7天內已從其市值下跌了4.68億元人民幣,因此讓我們看看長期下跌是否是由該公司的經濟推動的。
CNFC Overseas FisheriesLtd 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. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
CNFC Overseas FisheriesLtd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。可以想象,收入的快速增長如果持續下去,通常會帶來利潤的快速增長。
In the last twelve months, CNFC Overseas FisheriesLtd increased its revenue by 2.0%. While that may seem decent it isn't great considering the company is still making a loss. Given this lacklustre revenue growth, the share price drop of 39% seems pretty appropriate. In a hot market it's easy to forget growth is the life-blood of a loss making company. So remember, if you buy a profitless company then you risk being a profitless investor.
在過去的十二個月中,CNFC海外漁業有限公司的收入增長了2.0%。儘管這可能看起來不錯,但考慮到該公司仍在虧損,但這並不好。鑑於這種低迷的收入增長,股價下跌39%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。因此,請記住,如果您收購一家無利可圖的公司,那麼您就有可能成爲無利可圖的投資者。
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/7781/20240416/0-9c19d6d3df42d5e79ecbb2eea0e809fc-0-0068a5a4607f5376db9e6e3fbe63fdc3.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
While the broader market lost about 17% in the twelve months, CNFC Overseas FisheriesLtd shareholders did even worse, losing 39%. 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 0.4% 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. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For example, we've discovered 1 warning sign for CNFC Overseas FisheriesLtd that you should be aware of before investing here.
儘管整個市場在十二個月中下跌了約17%,但CNFC Overseas FisheriesLtd股東的表現甚至更糟,下跌了39%。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0.4%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。儘管市場狀況可能對股價產生的不同影響值得考慮,但還有其他因素更爲重要。例如,我們發現了CNFC Overseas FisheriesLtd的1個警告信號,在投資這裏之前,你應該注意這個信號。
Of course CNFC Overseas FisheriesLtd may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
當然,CNFC Overseas FisheriesLtd可能不是最好的買入股票。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。