Shenzhen Zhongjin Lingnan Nonfemet (SZSE:000060) Shareholders Have Lost 8.4% Over 1 Year, Earnings Decline Likely the Culprit
Shenzhen Zhongjin Lingnan Nonfemet (SZSE:000060) Shareholders Have Lost 8.4% Over 1 Year, Earnings Decline Likely the Culprit
It's easy to feel disappointed if you buy a stock that goes down. But in the short term the market is a voting machine, and the share price movements may not reflect the underlying business performance. The Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. (SZSE:000060) is down 10% over a year, but the total shareholder return is -8.4% once you include the dividend. That's better than the market which declined 15% over the last year. At least the damage isn't so bad if you look at the last three years, since the stock is down 1.6% in that time. Even worse, it's down 10.0% in about a month, which isn't fun at all. However, we note the price may have been impacted by the broader market, which is down 5.4% in the same time period.
如果您购买的股票下跌,容易感到失望。但短期来看,市场是一台投票机,股价的波动可能不反映基础业务表现。股票编号为SZSE:000060的中金岭南去年下跌了10%,但如果包括分红,总的股东回报率为-8.4%。这比去年下跌了15%的市场好。如果您看看过去三年,至少损失不会太严重,因为股票在那段时间内下跌了1.6%。更糟糕的是,在一个月的时间内下跌了10.0%,这一点也不有趣。然而,我们注意到,股价可能受到了更广泛的市场影响,在同一时期下跌了5.4%。
Given the past week has been tough on shareholders, let's investigate the fundamentals and see what we can learn.
考虑到过去一周对股东来说是艰难的,让我们调查一下基本面并看看我们能学到什么。
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
尽管一些人继续教授有效市场假说,但已经证明市场是过度反应的动态系统,并且投资者并不总是理性的。通过比较每股收益(EPS)和股价的变化情况,我们可以了解投资者对公司的态度如何随着时间变化而变化。
Unfortunately Shenzhen Zhongjin Lingnan Nonfemet reported an EPS drop of 52% for the last year. The share price fall of 10% isn't as bad as the reduction in earnings per share. So the market may not be too worried about the EPS figure, at the moment -- or it may have expected earnings to drop faster.
遗憾的是,中金岭南上一年的每股收益下降了52%。股价下跌了10%并不像每股收益的降幅那么严重。所以目前市场可能并不太担心每股收益数字,或者认为收益预期会下降得更快。
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
下图显示了EPS随时间变化的情况(点击图像以显示确切值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240618/0-b91e72815bbe627967eddc7208230d26-0-600c0a6061eb0a1d8a3e52e8384b45da.png/big)
This free interactive report on Shenzhen Zhongjin Lingnan Nonfemet's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
如果您想进一步调查中金岭南的收益、营业收入和现金流情况,可查看这份免费的互动报告。
A Different Perspective
不同的观点
While it's never nice to take a loss, Shenzhen Zhongjin Lingnan Nonfemet shareholders can take comfort that , including dividends,their trailing twelve month loss of 8.4% wasn't as bad as the market loss of around 15%. Unfortunately, last year's performance may indicate unresolved challenges, given that it's worse than the annualised loss of 0.5% over the last half decade. Whilst Baron Rothschild does tell the investor "buy when there's blood in the streets, even if the blood is your own", buyers would need to examine the data carefully to be comfortable that the business itself is sound. It's always interesting to track share price performance over the longer term. But to understand Shenzhen Zhongjin Lingnan Nonfemet better, we need to consider many other factors. Even so, be aware that Shenzhen Zhongjin Lingnan Nonfemet is showing 3 warning signs in our investment analysis , and 1 of those is potentially serious...
尽管蒙受损失并不愉快,但中金岭南的股东可以安慰自己,因为包括分红在内,他们在过去12个月中的损失仅为8.4%,比市场损失15%左右要好。不幸的是,去年的表现可能表明存在未解决的挑战,因为它比过去五年中的年化损失0.5%更糟糕。虽然罗斯柴尔德男爵告诉投资者“在街头有血,即使血是你自己的时候,也要买入”,但购买者需要仔细检查数据,以确保企业本身是健康的。长期追踪股价表现总是很有趣的。但要更好地了解中金岭南,我们需要考虑许多其他因素。即使如此,请注意,在我们的投资分析中,中金岭南显示了3个警告信号,其中1个可能很严重...
Of course Shenzhen Zhongjin Lingnan Nonfemet may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,中金岭南可能不是最好的股票选择。因此,您可能希望查看这个免费的成长股收藏。
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上市的股票的市场加权平均回报。
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这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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