The One-year Underlying Earnings Growth at Zhejiang Sunriver Culture TourismLtd (SHSE:600576) Is Promising, but the Shareholders Are Still in the Red Over That Time
The One-year Underlying Earnings Growth at Zhejiang Sunriver Culture TourismLtd (SHSE:600576) Is Promising, but the Shareholders Are Still in the Red Over That Time
It's easy to match the overall market return by buying an index fund. Active investors aim to buy stocks that vastly outperform the market - but in the process, they risk under-performance. Investors in Zhejiang Sunriver Culture Tourism Co.,Ltd. (SHSE:600576) have tasted that bitter downside in the last year, as the share price dropped 47%. That's disappointing when you consider the market declined 16%. Longer term shareholders haven't suffered as badly, since the stock is down a comparatively less painful 17% in three years. Furthermore, it's down 31% in about a quarter. That's not much fun for holders.
通过购买指数基金,很容易达到整体市场回报。积极投资者的目标是购买大幅跑赢市场的股票,但在此过程中,他们会冒失低于市场表现的风险。 浙江祥源文旅股份有限公司(SHSE:600576)的投资者在过去一年中尝到了这种苦果,因为股价下跌了47%。考虑到市场下跌了16%,这是令人失望的。从较长期来看,股东遭受的痛苦并没有那么严重,因为在三年内,股票跌幅相对较小,仅为17%。此外,约四分之一的时间下跌了31%。对持有者来说并不好玩。
With the stock having lost 9.9% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.
由于股价在过去一周中下跌了9.9%,因此值得审视业务表现,看看是否存在任何警示信号。
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
引用巴菲特的话:“船只将周游世界,而‘地平派’仍会兴旺。市场上的价格和价值仍会存在广泛的差距……”考虑一家公司在市场上的认知如何变化的一个不完美但简单的方法是比较每股收益(EPS)的变化和股价的波动。
Even though the Zhejiang Sunriver Culture TourismLtd share price is down over the year, its EPS actually improved. It's quite possible that growth expectations may have been unreasonable in the past.
即使浙江阳光文旅股价在过去一年下跌,其每股收益实际上有所改善。过去或许对于增长预期过高了。
The divergence between the EPS and the share price is quite notable, during the year. So it's easy to justify a look at some other metrics.
一年内,每股收益与股价之间的背离相当明显。因此,很容易通过查看其他指标进行合理的解释。
Zhejiang Sunriver Culture TourismLtd managed to grow revenue over the last year, which is usually a real positive. Since the fundamental metrics don't readily explain the share price drop, there might be an opportunity if the market has overreacted.
浙江祥源文旅股份有限公司成功增长了去年的营业收入,这通常是一个真正的积极因素。由于基本指标未能说明股价下跌的原因,如果市场反应过度,可能存在机会。
You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).
你可以在下面的图片中看到收入和营业收入随时间的变化情况(单击图表可查看精确值)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240626/0-7918f9a76671683c6b212c0961f477aa-0-8c09cd2f9fc9d8fc3ca695817e1e9630.png/big)
We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. If you are thinking of buying or selling Zhejiang Sunriver Culture TourismLtd stock, you should check out this free report showing analyst profit forecasts.
我们很高兴地报道,首席执行官的报酬比大多数市值相似的公司的首席执行官要更加适度。始终值得关注首席执行官的薪酬,但更重要的问题是该公司是否会在未来年份内增长收益。如果您考虑购买或出售浙江祥源文旅股份有限公司的股票,则应查看此免费报告,其中显示了分析师的利润预测。
A Different Perspective
不同的观点
While the broader market lost about 16% in the twelve months, Zhejiang Sunriver Culture TourismLtd shareholders did even worse, losing 47%. 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. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 1.1% 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. Before forming an opinion on Zhejiang Sunriver Culture TourismLtd you might want to consider these 3 valuation metrics.
尽管股市整体下跌了约16%,浙江祥源文旅股份有限公司的股东的损失则更大,下跌了47%。然而,股价可能仅受到了更广泛的市场不安情绪的影响。注意基本面可能是值得的,以防有良机。不幸的是,去年的表现可能表明面临尚未解决的挑战,因为其比过去半个世纪的年化损失更严重。总的来说,长期股价疲软可能是一个不好的迹象,尽管反对派投资者可能希望研究股票并期望逆转。在形成对浙江祥源文旅股份有限公司的观点之前,您可能想考虑这3个估值指标。
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation).
如果您喜欢与管理层一起购买股票,那么您可能会喜欢这个公司的免费列表。 (提示:其中许多公司不为人注意且具有吸引力的估值。)
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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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.
对本文有反馈?关于内容有所顾虑?直接和我们联系。或电邮 editorial-team (at) simplywallst.com。
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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