By buying an index fund, investors can approximate the average market return. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, the BYBON Group Company Limited (SZSE:300736) share price is up 62% in the last three years, clearly besting the market return of around 16% (not including dividends).
The past week has proven to be lucrative for BYBON Group investors, so let's see if fundamentals drove the company's three-year performance.
Check out our latest analysis for BYBON Group
Given that BYBON Group didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Shareholders of unprofitable companies usually expect strong revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.
In the last 3 years BYBON Group saw its revenue shrink by 16% per year. Despite the lack of revenue growth, the stock has returned 17%, compound, over three years. If the company is cutting costs profitability could be on the horizon, but the revenue decline is a prima facie concern.
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
SZSE:300736 Earnings and Revenue Growth December 14th 2022
Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
A Different Perspective
Pleasingly, BYBON Group's total shareholder return last year was 50%. That's better than the annualized TSR of 17% over the last three years. These improved returns may hint at some real business momentum, implying that now could be a great time to delve deeper. 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. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with BYBON Group (at least 1 which is significant) , and understanding them should be part of your investment process.
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).
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.
通过购买指数基金,投资者可以接近平均市场回报。但如果你以有吸引力的价格收购好企业,你的投资组合回报可能会超过平均市场回报。例如,BYBON集团有限公司(SZSE:300736)股价在过去三年上涨了62%,显然超过了约16%的市场回报率(不包括股息)。
事实证明,过去一周对比亚迪集团的投资者来说是有利可图的,所以让我们看看基本面因素是否推动了该公司三年的业绩。
查看我们对BYBON集团的最新分析
鉴于BYBON集团在过去12个月中没有盈利,我们将重点关注收入增长,以快速了解其业务发展。未盈利公司的股东通常预期营收增长强劲。一些公司愿意推迟盈利以更快地增长收入,但在这种情况下,人们确实预计营收会有良好的增长。
在过去的三年里,BYBON集团的收入以每年16%的速度下降。尽管收入增长乏力,但该股三年来的复合回报率为17%。如果该公司正在削减成本,盈利可能即将到来,但收入的下降是一个表面上看担忧。
你可以在下面看到收入和收入是如何随着时间的推移而变化的(点击图片可以发现确切的价值)。
深圳证交所:300736收益和收入增长2022年12月14日
资产负债表的强健至关重要。也许很值得一看我们的免费报告其财务状况如何随着时间的推移而发生变化。
不同的视角
令人欣喜的是,BYBON集团去年的总股东回报率为50%。这比过去三年17%的年化TSR要好。这些改善的回报可能暗示了一些真正的商业势头,意味着现在可能是深入研究的好时机。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,考虑一下无处不在的投资风险幽灵。我们已经确定了两个警告信号与BYBON集团合作(至少1个是重要的),了解他们应该是你投资过程的一部分。
如果你喜欢和管理层一起买股票,那么你可能会喜欢这本书免费公司名单。(提示:内部人士一直在买入这些股票)。
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。