Is Now The Time To Put Anhui Jiuhuashan Tourism Development (SHSE:603199) On Your Watchlist?
Is Now The Time To Put Anhui Jiuhuashan Tourism Development (SHSE:603199) On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Unfortunately, these high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.
投資者通常被發現“下一個大事件”的想法所引導,即使這意味着購買沒有任何收入,更不用說利潤的“故事股” 。不幸的是,這些高風險投資往往很少有實現盈利的可能性,許多投資者因此付出代價以吸取教訓。虧損公司始終在與時間賽跑,以達到財務可持續性,因此這些公司的投資者可能會承擔比他們應該承擔更多的風險。
If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in Anhui Jiuhuashan Tourism Development (SHSE:603199). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide Anhui Jiuhuashan Tourism Development with the means to add long-term value to shareholders.
如果這種公司不符合您的風格,您喜歡產生收入甚至賺取利潤的公司,那麼您可能會對安徽九華山旅遊開發(SHSE:603199)感興趣。即使該公司在市場上定價合理,投資者也會認爲,產生持續的利潤將繼續爲安徽九華山旅遊發展提供增加長期股東價值的手段。
How Fast Is Anhui Jiuhuashan Tourism Development Growing?
安徽九華山旅遊發展有多快?
Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. That means EPS growth is considered a real positive by most successful long-term investors. Shareholders will be happy to know that Anhui Jiuhuashan Tourism Development's EPS has grown 19% each year, compound, over three years. If the company can sustain that sort of growth, we'd expect shareholders to come away satisfied.
通常情況下,每股收益(EPS)增長的公司應該看到類似的股價趨勢。這意味着EPS增長大多數成功的長期投資者都認爲是真正的積極因素。股東們會高興地知道,安徽九華山旅遊開發的EPS在過去三年內每年以19%的複合增長。如果公司能夠保持這種增長,我們會期望股東滿意。
Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. The good news is that Anhui Jiuhuashan Tourism Development is growing revenues, and EBIT margins improved by 11.5 percentage points to 29%, over the last year. That's great to see, on both counts.
謹慎考慮營收增長和利息、稅收、折舊和攤銷之前的利潤(EBIT)利潤率,可以幫助了解最近利潤增長的可持續性。好消息是,安徽九華山旅遊發展正在增長營收,並且利潤率在過去一年中提高了11.5個百分點,達到29%。兩者都看起來非常好。
In the chart below, you can see how the company has grown earnings and revenue, over time. For finer detail, click on the image.
在下面的圖表中,您可以看到公司的盈利和收入隨着時間的推移而增長。要獲得更精細的詳細信息,請單擊圖像。
![earnings-and-revenue-history](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240625/0-1f10a921566b65b4ed4d36a0374c9b3b-0-ca84218c21614eba2973cde5b2b6319e.png/big)
In investing, as in life, the future matters more than the past. So why not check out this free interactive visualization of Anhui Jiuhuashan Tourism Development's forecast profits?
在投資中,正如在生活中一樣,未來比過去更爲重要。那麼,爲什麼不查看安徽九華山旅遊開發公司的免費交互式可視化呢?預測利潤?
Are Anhui Jiuhuashan Tourism Development Insiders Aligned With All Shareholders?
安徽九華山旅遊開發的內部人員是否與所有股東保持一致?
As a general rule, it's worth considering how much the CEO is paid, since unreasonably high rates could be considered against the interests of shareholders. The median total compensation for CEOs of companies similar in size to Anhui Jiuhuashan Tourism Development, with market caps between CN¥1.5b and CN¥5.8b, is around CN¥847k.
通常來說,值得考慮首席執行官的報酬是否合理,因爲過高的費率可能被認爲是違背股東利益的。與安徽九華山旅遊開發市值介於CN¥1.5b和CN¥5.8b之間的同等規模公司的首席執行官相比,中位數總薪酬約爲CN¥847k。安徽九華山旅遊開發首席執行官在2022年12月份僅獲得總計CN¥245k的補償。這筆總額可能表明首席執行官爲績效而奉獻了帶薪報酬,確保其動機與強大的公司業績同步。首席執行官的報酬絕不是考慮公司的最重要方面,但如果它是合理的,這表明領導層正在關注股東利益,也可以是良好治理的標誌。
Anhui Jiuhuashan Tourism Development's CEO only received compensation totalling CN¥245k in the year to December 2022. This total may indicate that the CEO is sacrificing take home pay for performance-based benefits, ensuring that their motivations are synonymous with strong company results. CEO compensation is hardly the most important aspect of a company to consider, but when it's reasonable, that gives a little more confidence that leadership are looking out for shareholder interests. It can also be a sign of good governance, more generally.
安徽九華山旅遊開發公司的股票增長率對於成長型投資者來說是一個值得關注的亮點。快速增長的前景看起來很好,而合理的首席執行官薪酬則增強了董事會的信心。我們認爲,單憑其自身的優點,這隻股票值得進一步關注。當然,還必須考慮到投資風險始終存在的問題。我們已經確定了一個警告標誌,並理解這一點應該作爲您的投資過程的一部分。
Is Anhui Jiuhuashan Tourism Development Worth Keeping An Eye On?
安徽九華山旅遊開發公司值得密切關注嗎?
For growth investors, Anhui Jiuhuashan Tourism Development's raw rate of earnings growth is a beacon in the night. The fast growth bodes well while the very reasonable CEO pay assists builds some confidence in the board. We think that based on its merits alone, this stock is worth watching into the future. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Anhui Jiuhuashan Tourism Development , and understanding this should be part of your investment process.
對於成長投資者而言,安徽九華山旅遊開發的原始盈利增長速度可謂一盞夜間燈塔。快速增長前景看起來很好,而非常合理的首席執行官薪酬則有助於建立對董事會的信心。我們認爲,僅基於其目前的價值,該股票值得在未來關注。當然,仍然需要考慮投資風險的存在。我們已經確定了1個安徽九華山旅遊開發的警告標誌,並且了解這一點應該是您的投資過程的一部分。
There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of Chinese companies which have demonstrated growth backed by significant insider holdings.
總有可能買入沒有利潤增長和沒有內部人買入股票的股票而獲得好的回報。但對於那些認爲這些指標很重要的人,我們鼓勵您查看具備這些特徵的公司。您可以訪問定製的馬來西亞公司列表,其中這些公司已經證明了由內部人擁有的重要性所支持的成長。不應成長收益的公司中並展示沒有有內部人購買股票。但對於那些認爲這些是重要指標的人,我們鼓勵您查看那些具有這些特徵的公司。您可以訪問一個定製的中國公司列表,這些公司已經展示了由重要內部持股支持的增長。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
請注意,本文討論的內部交易是指在相關司法管轄區中報告的交易。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。