With A 30% Price Drop For Ronshine Service Holding Co., Ltd (HKG:2207) You'll Still Get What You Pay For
With A 30% Price Drop For Ronshine Service Holding Co., Ltd (HKG:2207) You'll Still Get What You Pay For
Unfortunately for some shareholders, the Ronshine Service Holding Co., Ltd (HKG:2207) share price has dived 30% in the last thirty days, prolonging recent pain. Instead of being rewarded, shareholders who have already held through the last twelve months are now sitting on a 38% share price drop.
不幸的是,对于一些股东来说,荣盛服务控股有限公司(HKG:2207)股价在过去30天里暴跌30%,延续了最近的痛苦。在过去12个月里一直持有股票的股东非但没有获得回报,反而坐在股价下跌38%的位置上。
Although its price has dipped substantially, given close to half the companies operating in Hong Kong's Real Estate industry have price-to-sales ratios (or "P/S") below 0.8x, you may still consider Ronshine Service Holding as a stock to potentially avoid with its 1.4x P/S ratio. However, the P/S might be high for a reason and it requires further investigation to determine if it's justified.
尽管荣盛的股价大幅下跌,但鉴于近一半香港房地产公司的市销率(P/S)低于0.8倍,你可能仍会考虑将荣盛控股作为一只股票,其市盈率与S的比率为1.4倍,可能需要避免。然而,P/S可能是有原因的,需要进一步调查才能确定是否合理。
See our latest analysis for Ronshine Service Holding
查看我们对朗盛服务控股的最新分析
How Has Ronshine Service Holding Performed Recently?
朗盛服务控股公司最近的表现如何?
As an illustration, revenue has deteriorated at Ronshine Service Holding over the last year, which is not ideal at all. Perhaps the market believes the company can do enough to outperform the rest of the industry in the near future, which is keeping the P/S ratio high. However, if this isn't the case, investors might get caught out paying too much for the stock.
举个例子,过去一年,朗盛服务控股公司的收入一直在恶化,这根本不是理想的情况。或许,市场认为该公司在不久的将来可以做得足够好,跑赢业内其他公司,这使得市盈率和S的市盈率保持在较高水平。然而,如果情况并非如此,投资者可能会被发现为该股支付过高的价格。
Do Revenue Forecasts Match The High P/S Ratio?
收入预测是否与高市盈率相匹配?
In order to justify its P/S ratio, Ronshine Service Holding would need to produce impressive growth in excess of the industry.
为了证明其P/S比率是合理的,荣盛服务控股需要实现超出行业的令人印象深刻的增长。
In reviewing the last year of financials, we were disheartened to see the company's revenues fell to the tune of 12%. Still, the latest three year period has seen an excellent 69% overall rise in revenue, in spite of its unsatisfying short-term performance. Accordingly, while they would have preferred to keep the run going, shareholders would definitely welcome the medium-term rates of revenue growth.
回顾过去一年的财务状况,我们沮丧地看到该公司的收入下降到了12%。不过,尽管短期表现不尽如人意,但在最近三年的时间里,苹果的整体营收增长了69%。因此,尽管股东们更愿意继续运营,但他们肯定会欢迎中期的收入增长率。
Comparing that to the industry, which is only predicted to deliver 17% growth in the next 12 months, the company's momentum is stronger based on recent medium-term annualised revenue results.
相比之下,该行业预计在未来12个月只会实现17%的增长,从最近的中期年化收入结果来看,该公司的增长势头更强劲。
In light of this, it's understandable that Ronshine Service Holding's P/S sits above the majority of other companies. It seems most investors are expecting this strong growth to continue and are willing to pay more for the stock.
有鉴于此,荣光服务控股的P/S坐在其他大多数公司的前面也是可以理解的。似乎大多数投资者都预计这种强劲的增长将持续下去,并愿意为该股支付更高的价格。
The Bottom Line On Ronshine Service Holding's P/S
荣光服务控股P/S的底线
There's still some elevation in Ronshine Service Holding's P/S, even if the same can't be said for its share price recently. Generally, our preference is to limit the use of the price-to-sales ratio to establishing what the market thinks about the overall health of a company.
荣盛服务控股的P/S仍然有一些上涨,尽管它最近的股价不能说同样的涨幅。一般来说,我们倾向于将市销率的使用限制在确定市场对公司整体健康状况的看法上。
As we suspected, our examination of Ronshine Service Holding revealed its three-year revenue trends are contributing to its high P/S, given they look better than current industry expectations. In the eyes of shareholders, the probability of a continued growth trajectory is great enough to prevent the P/S from pulling back. Unless the recent medium-term conditions change, they will continue to provide strong support to the share price.
正如我们怀疑的那样,我们对荣光服务控股的调查显示,鉴于其看起来好于当前行业预期,其三年收入趋势是导致其高市盈率/S的原因之一。在股东看来,出现持续增长轨迹的可能性很大,足以阻止P/S回调。除非近期中期情况有所改变,否则将继续为股价提供有力支撑。
There are also other vital risk factors to consider before investing and we've discovered 1 warning sign for Ronshine Service Holding that you should be aware of.
在投资之前,还有其他重要的风险因素需要考虑,我们发现1个荣光服务暂停的警告标志这一点你应该知道。
If strong companies turning a profit tickle your fancy, then you'll want to check out this free list of interesting companies that trade on a low P/E (but have proven they can grow earnings).
如果强大的盈利公司激起了你的想象力,那么你就会想要看看这个。免费市盈率较低(但已证明它们可以增加收益)的有趣公司名单。
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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。