Investors Are Selling off Fujian Nebula Electronics (SZSE:300648), Lack of Profits No Doubt Contribute to Shareholders One-year Loss
Investors Are Selling off Fujian Nebula Electronics (SZSE:300648), Lack of Profits No Doubt Contribute to Shareholders One-year Loss
The simplest way to benefit from a rising market is to buy an index fund. Active investors aim to buy stocks that vastly outperform the market - but in the process, they risk under-performance. Unfortunately the Fujian Nebula Electronics Co., Ltd. (SZSE:300648) share price slid 46% over twelve months. That contrasts poorly with the market decline of 16%. To make matters worse, the returns over three years have also been really disappointing (the share price is 37% lower than three years ago). The falls have accelerated recently, with the share price down 23% in the last three months.
从市场上涨中获益的最简单方法是购买指数基金。活跃的投资者的目标是购买表现大大优于市场的股票,但在此过程中,他们面临表现不佳的风险。不幸的是,福建星云电子有限公司(深圳证券交易所代码:300648)的股价在十二个月内下跌了46%。这与16%的市场下跌形成鲜明对比。更糟糕的是,三年来的回报也非常令人失望(股价比三年前下降了37%)。最近跌势加速,股价在过去三个月中下跌了23%。
Given the past week has been tough on shareholders, let's investigate the fundamentals and see what we can learn.
鉴于过去一周对股东来说很艰难,让我们调查一下基本面,看看我们能学到什么。
Because Fujian Nebula Electronics made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Shareholders of unprofitable companies usually desire strong revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
由于福建星云电子在过去十二个月中出现亏损,我们认为市场可能更注重收入和收入增长,至少目前是如此。无利可图的公司的股东通常希望强劲的收入增长。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。
Fujian Nebula Electronics' revenue didn't grow at all in the last year. In fact, it fell 4.1%. That looks pretty grim, at a glance. The stock price has languished lately, falling 46% in a year. That seems pretty reasonable given the lack of both profits and revenue growth. It's hard to escape the conclusion that buyers must envision either growth down the track, cost cutting, or both.
去年,福建星云电子的收入根本没有增长。实际上,它下跌了4.1%。乍一看,这看起来很严峻。股价最近一直低迷,一年内下跌了46%。鉴于利润和收入增长都不足,这似乎很合理。很难逃避这样的结论,即买家必须设想要么实现增长,要么削减成本,要么两者兼而有之。
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/7781/20240420/0-19f0d9ace958ecb6a4c7f4052010b990-0-0a8d8677c0c1bff306cac9d161691409.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.
资产负债表的强度至关重要。可能值得一看我们关于其财务状况如何随着时间的推移而变化的免费报告。
A Different Perspective
不同的视角
While the broader market lost about 16% in the twelve months, Fujian Nebula Electronics shareholders did even worse, losing 46% (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. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 1.2% 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. 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 3 warning signs for Fujian Nebula Electronics that you should be aware of before investing here.
尽管整个市场在十二个月中下跌了约16%,但福建星云电子股东的表现甚至更糟,损失了46%(甚至包括股息)。但是,可能只是股价受到了更广泛的市场紧张情绪的影响。如果有很好的机会,可能值得关注基本面。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1.2%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。尽管市场状况可能对股价产生的不同影响值得考虑,但还有其他因素更为重要。例如,我们发现了福建星云电子的3个警告信号,在投资之前,你应该注意这些信号。
Of course Fujian Nebula Electronics may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,福建星云电子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。