Here's Why We Think COSCO SHIPPING Technology (SZSE:002401) Is Well Worth Watching
Here's Why We Think COSCO SHIPPING Technology (SZSE:002401) Is Well Worth Watching
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away.
对于许多投资者，尤其是那些缺乏经验的投资者来说，购买有好故事的公司的股票是很常见的，即使这些公司在亏损。但正如彼得·林奇在华尔街上的一位“远投几乎永远不会有回报。”虽然一家资金雄厚的公司可能会亏损多年，但它最终需要创造利润，否则投资者就会离开，公司就会枯萎。
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like COSCO SHIPPING Technology (SZSE:002401). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business.
尽管处于科技股蓝天投资的时代，许多投资者仍采取更传统的策略；购买盈利的公司的股票，如中远航运技术(SZSE：002401)。现在，这并不是说该公司提供了最好的投资机会，但盈利能力是商业成功的关键组成部分。
See our latest analysis for COSCO SHIPPING Technology
查看我们对中远航运技术的最新分析
COSCO SHIPPING Technology's Improving Profits
中远航运技术不断提高的利润
Even when EPS earnings per share (EPS) growth is unexceptional, company value can be created if this rate is sustained each year. So it's easy to see why many investors focus in on EPS growth. In previous twelve months, COSCO SHIPPING Technology's EPS has risen from CN¥0.47 to CN¥0.51. That's a modest gain of 7.0%.
即使在每股收益(EPS)增长正常的情况下，如果每年保持这一速度，也可以创造公司价值。因此，很容易理解为什么许多投资者关注每股收益的增长。在过去的12个月里，中远海运科技的每股收益从0.47元上涨到0.51元。这是7.0%的小幅增长。
One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. It was a year of stability for COSCO SHIPPING Technology as both revenue and EBIT margins remained have been flat over the past year. That's not a major concern but nor does it point to the long term growth we like to see.
要复核一家公司的增长，一种方法是观察其收入和息税前利润(EBIT)的变化情况。对于中远航运科技来说，这是稳定的一年，因为过去一年的收入和息税前利润都持平。这并不是一个主要的担忧，但它也不表明我们希望看到的长期增长。
The chart below shows how the company's bottom and top lines have progressed over time. To see the actual numbers, click on the chart.
下面的图表显示了该公司的利润和收入是如何随着时间的推移而变化的。要查看实际数字，请点击图表。
While it's always good to see growing profits, you should always remember that a weak balance sheet could come back to bite. So check COSCO SHIPPING Technology's balance sheet strength, before getting too excited.
虽然看到利润增长总是好事，但你应该始终记住，疲软的资产负债表可能会回来产生影响。因此，在过于兴奋之前，先看看中远航运科技的资产负债表实力。
Are COSCO SHIPPING Technology Insiders Aligned With All Shareholders?
中远航运科技内部人士是否与所有股东一致？
It's pleasing to see company leaders with putting their money on the line, so to speak, because it increases alignment of incentives between the people running the business, and its true owners. COSCO SHIPPING Technology followers will find comfort in knowing that insiders have a significant amount of capital that aligns their best interests with the wider shareholder group. To be specific, they have CN¥104m worth of shares. This considerable investment should help drive long-term value in the business. Despite being just 1.6% of the company, the value of that investment is enough to show insiders have plenty riding on the venture.
可以说，看到公司领导人把自己的钱拿来冒险是件令人高兴的事情，因为这增加了企业经营者和真正的所有者之间的激励一致性。中远航运科技的追随者将会感到欣慰，因为他们知道，内部人士拥有大量资本，能够将他们的最佳利益与更广泛的股东群体保持一致。具体地说，他们拥有价值1.04亿元人民币的股票。这笔可观的投资应该有助于推动业务的长期价值。尽管只持有该公司1.6%的股份，但这笔投资的价值足以表明，内部人士对这家合资企业有很大的依赖。
Is COSCO SHIPPING Technology Worth Keeping An Eye On?
中远航运科技值得关注吗？
As previously touched on, COSCO SHIPPING Technology is a growing business, which is encouraging. If that's not enough on its own, there is also the rather notable levels of insider ownership. That combination is very appealing. So yes, we do think the stock is worth keeping an eye on. Before you take the next step you should know about the 2 warning signs for COSCO SHIPPING Technology that we have uncovered.
正如前面提到的，中远航运科技是一项不断增长的业务，这是令人鼓舞的。如果这本身还不够，还有相当显著的内部人持股水平。这种结合非常有吸引力。因此，是的，我们确实认为这只股票值得关注。在进行下一步之前，您应该了解2中远航运技术警示标志我们已经发现了。
There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a free list of them here.
总是有可能做得很好，购买股票不是不断增长的收入和不要有内部人士购买股票。但对于那些考虑这些重要指标的人，我们建议您查看以下公司做拥有这些功能。你可以在这里访问它们的免费列表。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
请注意，本文中讨论的内幕交易指的是相关司法管辖区内的应报告交易。
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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。