The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do both better or worse than that. For example, the China Railway Special Cargo Logistics Co., Ltd. (SZSE:001213) share price is down 31% in the last year. That's well below the market decline of 17%. China Railway Special Cargo Logistics hasn't been listed for long, so although we're wary of recent listings that perform poorly, it may still prove itself with time. The falls have accelerated recently, with the share price down 13% in the last three months. However, one could argue that the price has been influenced by the general market, which is down 12% in the same timeframe.
Given the past week has been tough on shareholders, let's investigate the fundamentals and see what we can learn.
See our latest analysis for China Railway Special Cargo Logistics
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 way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
During the unfortunate twelve months during which the China Railway Special Cargo Logistics share price fell, it actually saw its earnings per share (EPS) improve by 37%. Of course, the situation might betray previous over-optimism about growth.
It's fair to say that the share price does not seem to be reflecting the EPS growth. But we might find some different metrics explain the share price movements better.
Given the yield is quite low, at 0.5%, we doubt the dividend can shed much light on the share price. On the other hand, we're certainly perturbed by the 6.6% decline in China Railway Special Cargo Logistics' revenue. Many investors see falling revenue as a likely precursor to lower earnings, so this could well explain the weak share price.
The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).
SZSE:001213 Earnings and Revenue Growth October 1st 2022
It's probably worth noting that the CEO is paid less than the median at similar sized 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. This free interactive report on China Railway Special Cargo Logistics' earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
A Different Perspective
China Railway Special Cargo Logistics shareholders are down 31% for the year (even including dividends), even worse than the market loss of 17%. There's no doubt that's a disappointment, but the stock may well have fared better in a stronger market. The share price decline has continued throughout the most recent three months, down 13%, suggesting an absence of enthusiasm from investors. Given the relatively short history of this stock, we'd remain pretty wary until we see some strong business performance. 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 instance, we've identified 2 warning signs for China Railway Special Cargo Logistics (1 is concerning) that you should be aware of.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CN exchanges.
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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.
从上涨的市场中获益的最简单方式是购买指数基金。但如果你买入个股,你可以做得更好,也可以做得更差。例如,中铁特货物流有限公司。(SZSE:001213)去年股价下跌了31%。这远低于17%的市场跌幅。中铁特货物流上市时间不长,因此,尽管我们对近期表现不佳的上市持谨慎态度,但随着时间的推移,它可能仍会证明自己。股价最近加速下跌,在过去三个月里下跌了13%。然而,有人可能会辩称,价格受到了大盘的影响,大盘在同一时间段内下跌了12%。
鉴于过去一周对股东的态度一直很严峻,让我们调查一下基本面,看看我们能学到什么。
查看我们对中国铁路特殊货运物流的最新分析
用巴菲特的话说,“船只将在世界各地航行,但平坦的地球协会将蓬勃发展。市场上的价格和价值之间将继续存在巨大的差异……”考察市场情绪如何随时间变化的一种方法是观察一家公司的股价和每股收益(EPS)之间的相互作用。
不幸的是,在中铁特货物流股价下跌的12个月里,它的每股收益(EPS)实际上提高了37%。当然,这种情况可能会暴露出之前对增长的过度乐观。
公平地说,股价似乎并没有反映出每股收益的增长。但我们可能会发现一些不同的衡量标准可以更好地解释股价走势。
鉴于收益率相当低,只有0.5%,我们怀疑股息能否对股价产生太大影响。另一方面,我们当然对中铁特货物流6.6%的收入下降感到不安。许多投资者认为,营收下降可能是盈利下降的前兆,因此这很可能解释股价疲软的原因。
下图描述了收益和收入随时间的变化(通过单击图像来揭示确切的价值)。
深圳证交所:001213收益和收入增长2022年10月1日
可能值得注意的是,首席执行官的薪酬低于类似规模公司的中位数。关注首席执行官的薪酬总是值得的,但更重要的问题是,该公司是否会在未来几年实现盈利增长。这免费如果你想进一步研究中国铁路特殊货运物流的股票,那么关于中国铁路特殊货运物流的收益、收入和现金流的互动报告是一个很好的起点。
不同的视角
中铁特货物流股东全年下跌31%(即使包括股息),甚至比市场17%的亏损还要糟糕。毫无疑问,这令人失望,但在一个更强劲的市场中,该股很可能表现得更好。最近三个月,股价持续下跌,跌幅达13%,表明投资者缺乏热情。鉴于这只股票的历史相对较短,在看到一些强劲的业务表现之前,我们将保持相当谨慎的态度。虽然值得考虑市场状况对股价可能产生的不同影响,但还有其他更重要的因素。例如,我们已经确定2中铁特种货运物流警示标志(1是关于的)你应该知道的。
如果你更愿意看看另一家公司--一家财务状况可能更好的公司--那么不要错过这一点免费已证明自己能够实现盈利增长的公司名单。
请注意,本文引用的市场回报反映了目前在CN交易所交易的股票的市场加权平均回报。
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本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。