-
市场
-
产品
-
资讯
-
Moo社区
-
课堂
-
查看更多
-
功能介绍
-
费用费用透明,无最低余额限制
投资选择、功能介绍、费用相关信息由Moomoo Financial Inc.提供
- English
- 中文繁體
- 中文简体
- 深色
- 浅色
Investors Aren't Buying Zheneng Jinjiang Environment Holding Company Limited's (SGX:BWM) Earnings
Investors Aren't Buying Zheneng Jinjiang Environment Holding Company Limited's (SGX:BWM) Earnings
Zheneng Jinjiang Environment Holding Company Limited's (SGX:BWM) price-to-earnings (or "P/E") ratio of 7.6x might make it look like a buy right now compared to the market in Singapore, where around half of the companies have P/E ratios above 12x and even P/E's above 22x are quite common. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's limited.
For example, consider that Zheneng Jinjiang Environment Holding's financial performance has been poor lately as it's earnings have been in decline. One possibility is that the P/E is low because investors think the company won't do enough to avoid underperforming the broader market in the near future. However, if this doesn't eventuate then existing shareholders may be feeling optimistic about the future direction of the share price.
View our latest analysis for Zheneng Jinjiang Environment Holding
SGX:BWM Price Based on Past Earnings August 11th 2022 We don't have analyst forecasts, but you can see how recent trends are setting up the company for the future by checking out our free report on Zheneng Jinjiang Environment Holding's earnings, revenue and cash flow.Is There Any Growth For Zheneng Jinjiang Environment Holding?
The only time you'd be truly comfortable seeing a P/E as low as Zheneng Jinjiang Environment Holding's is when the company's growth is on track to lag the market.
If we review the last year of earnings, dishearteningly the company's profits fell to the tune of 20%. The last three years don't look nice either as the company has shrunk EPS by 41% in aggregate. Accordingly, shareholders would have felt downbeat about the medium-term rates of earnings growth.
In contrast to the company, the rest of the market is expected to grow by 6.7% over the next year, which really puts the company's recent medium-term earnings decline into perspective.
With this information, we are not surprised that Zheneng Jinjiang Environment Holding is trading at a P/E lower than the market. However, we think shrinking earnings are unlikely to lead to a stable P/E over the longer term, which could set up shareholders for future disappointment. There's potential for the P/E to fall to even lower levels if the company doesn't improve its profitability.
The Final Word
Using the price-to-earnings ratio alone to determine if you should sell your stock isn't sensible, however it can be a practical guide to the company's future prospects.
We've established that Zheneng Jinjiang Environment Holding maintains its low P/E on the weakness of its sliding earnings over the medium-term, as expected. Right now shareholders are accepting the low P/E as they concede future earnings probably won't provide any pleasant surprises. If recent medium-term earnings trends continue, it's hard to see the share price moving strongly in either direction in the near future under these circumstances.
Before you take the next step, you should know about the 4 warning signs for Zheneng Jinjiang Environment Holding (3 are a bit unpleasant!) that we have uncovered.
If P/E ratios interest you, you may wish to see this free collection of other companies that have grown earnings strongly and trade on P/E's below 20x.
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.
浙能锦江环境控股有限公司 (SGX: BWM) 7.6倍的市盈率(或 “市盈率”)与新加坡市场相比,现在可能看起来像是买入。在新加坡,大约有一半的公司的市盈率超过12倍,甚至市盈率超过22倍也很常见。但是,仅按面值计算市盈率是不明智的,因为可以解释为什么市盈率有限。
例如,假设浙能锦江环境控股最近的财务表现不佳,因为其收益一直在下降。一种可能性是市盈率很低,因为投资者认为该公司在避免在不久的将来表现不佳方面做得还不够。但是,如果最终没有成功,那么现有股东可能会对股价的未来走向感到乐观。
查看我们对浙能锦江环境控股的最新分析
SGX: BWM 价格基于过去的收益 2022 年 8 月 11 日我们没有分析师的预测,但您可以查看我们的 免费的 关于浙能锦江环境控股的收益、收入和现金流的报告。浙能锦江环境控股有增长吗?
看到像浙能锦江环境控股这样低的市盈率唯一能让你真正放心的时候是该公司的增长有望落后于市场。
如果我们回顾一下去年的收益,令人沮丧的是,该公司的利润下降到了20%。过去三年看起来也不太好,因为该公司的每股收益总额减少了41%。因此,股东们本来会对中期收益增长率感到悲观。
与该公司形成鲜明对比的是,预计明年其他市场将增长6.7%,这确实使该公司最近的中期收益下降成为现实。
有了这些信息,我们对浙能锦江环境控股的市盈率低于市场并不感到惊讶。但是,我们认为,从长远来看,收益萎缩不太可能带来稳定的市盈率,这可能会使股东未来感到失望。如果公司不提高盈利能力,市盈率有可能降至更低的水平。
最后一句话
仅使用市盈率来确定是否应该出售股票是不明智的,但它可以作为公司未来前景的实用指南。
我们已经确定,正如预期的那样,由于中期收益下滑,浙能锦江环境控股保持低市盈率。目前,股东们正在接受低市盈率,因为他们承认未来的收益可能不会带来任何惊喜。如果最近的中期收益趋势继续下去,在这种情况下,很难看到股价在不久的将来会向任一方向强劲波动。
在你采取下一步之前,你应该知道 浙能锦江环境控股的4个警告信号 (3 有点不愉快!)我们已经发现的。
如果你对市盈率感兴趣,你可能希望看到这个 免费的 其他盈利增长强劲且市盈率低于20倍的公司的集合。
对这篇文章有反馈吗?对内容感到担忧? 取得联系 直接和我们联系。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
Simply Wall St 的这篇文章本质上是一般性的。 我们仅使用不偏不倚的方法根据历史数据和分析师预测提供评论,我们的文章并非旨在提供财务建议。 它不构成买入或卖出任何股票的建议,也没有考虑您的目标或财务状况。我们的目标是为您提供由基本面数据驱动的长期重点分析。请注意,我们的分析可能未将最新的价格敏感型公司公告或定性材料考虑在内。简而言之,华尔街对上述任何股票都没有头寸。
moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
风险及免责提示
moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用浏览器的分享功能,分享给你的好友吧