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Earnings Are Growing at Milkyway Chemical Supply Chain ServiceLtd (SHSE:603713) but Shareholders Still Don't Like Its Prospects

Earnings Are Growing at Milkyway Chemical Supply Chain ServiceLtd (SHSE:603713) but Shareholders Still Don't Like Its Prospects

銀河化學供應鏈服務有限公司(SHSE: 603713)的收益正在增長,但股東們仍然不喜歡其前景
Simply Wall St ·  02/06 00:15

As an investor, mistakes are inevitable. But you have a problem if you face massive losses more than once in a while. So consider, for a moment, the misfortune of Milkyway Chemical Supply Chain Service Co.,Ltd (SHSE:603713) investors who have held the stock for three years as it declined a whopping 74%. That would certainly shake our confidence in the decision to own the stock. The more recent news is of little comfort, with the share price down 70% in a year. Furthermore, it's down 44% in about a quarter. That's not much fun for holders. Of course, this share price action may well have been influenced by the 21% decline in the broader market, throughout the period.

作爲投資者,錯誤是不可避免的。但是,如果你不止一次地面臨巨額損失,你就會遇到問題。因此,請暫時考慮一下銀河化工供應鏈服務公司的不幸。, Ltd(上海證券交易所代碼:603713)投資者持有該股已有三年,該股跌幅高達74%。這肯定會動搖我們對擁有該股決定的信心。最近的消息並不令人欣慰,股價在一年內下跌了70%。此外,它在大約一個季度內下降了44%。對於持有者來說,這沒什麼好玩的。當然,這種股價走勢很可能受到了整個時期大盤下跌21%的影響。

Since Milkyway Chemical Supply Chain ServiceLtd has shed CN¥1.2b from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.

由於Milkyway化學供應鏈服務有限公司在過去7天內已從其價值下跌了12億元人民幣,因此讓我們看看長期下跌是否是由該業務的經濟推動的。

In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.

在他的文章中 格雷厄姆和多茲維爾的超級投資者 禾倫·巴菲特描述了股價如何並不總是合理地反映企業的價值。考慮市場對公司的看法發生了怎樣的變化的一種不完美但簡單的方法是將每股收益(EPS)的變化與股價走勢進行比較。

Although the share price is down over three years, Milkyway Chemical Supply Chain ServiceLtd actually managed to grow EPS by 24% per year in that time. Given the share price reaction, one might suspect that EPS is not a good guide to the business performance during the period (perhaps due to a one-off loss or gain). Alternatively, growth expectations may have been unreasonable in the past.

儘管股價在三年內下跌,但在此期間,銀河化工供應鏈服務有限公司的每股收益實際上每年增長24%。鑑於股價的反應,人們可能會懷疑每股收益並不能很好地指導該期間的業務表現(可能是由於一次性的虧損或收益)。或者,過去的增長預期可能不合理。

Since the change in EPS doesn't seem to correlate with the change in share price, it's worth taking a look at other metrics.

由於每股收益的變化似乎與股價的變化無關,因此值得一看其他指標。

The modest 1.5% dividend yield is unlikely to be guiding the market view of the stock. Revenue is actually up 35% over the three years, so the share price drop doesn't seem to hinge on revenue, either. This analysis is just perfunctory, but it might be worth researching Milkyway Chemical Supply Chain ServiceLtd more closely, as sometimes stocks fall unfairly. This could present an opportunity.

1.5%的適度股息收益率不太可能指導該股的市場觀點。在過去的三年中,收入實際上增長了35%,因此股價下跌似乎也不取決於收入。這種分析只是敷衍了事,但可能值得更仔細地研究銀河化工供應鏈服務有限公司,因爲有時股票會不公平地下跌。這可能帶來機會。

You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).

您可以在下面看到收入和收入如何隨着時間的推移而變化(點擊圖片了解確切的值)。

earnings-and-revenue-growth
SHSE:603713 Earnings and Revenue Growth February 6th 2024
SHSE: 603713 收益和收入增長 2024 年 2 月 6 日

If you are thinking of buying or selling Milkyway Chemical Supply Chain ServiceLtd stock, you should check out this FREE detailed report on its balance sheet.

如果您正在考慮購買或出售Milkyway Chemical Supply Chain ServiceLtd股票,則應在其資產負債表上查看這份免費的詳細報告。

A Different Perspective

不同的視角

While the broader market lost about 28% in the twelve months, Milkyway Chemical Supply Chain ServiceLtd shareholders did even worse, losing 70% (even including dividends). Having said that, it's inevitable that some stocks will be oversold in a falling market. The key is to keep your eyes on the fundamental developments. On the bright side, long term shareholders have made money, with a gain of 1.8% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. It's always interesting to track share price performance over the longer term. But to understand Milkyway Chemical Supply Chain ServiceLtd better, we need to consider many other factors. Case in point: We've spotted 2 warning signs for Milkyway Chemical Supply Chain ServiceLtd you should be aware of, and 1 of them is concerning.

儘管整個市場在十二個月中下跌了約28%,但銀河化學供應鏈服務有限公司股東的表現甚至更糟,損失了70%(甚至包括股息)。話雖如此,在下跌的市場中,一些股票不可避免地會被超賣。關鍵是要密切關注基本發展。好的一面是,長期股東賺了錢,在過去的五年中,每年增長1.8%。如果基本面數據繼續顯示長期可持續增長,那麼當前的拋售可能是一個值得考慮的機會。長期跟蹤股價表現總是很有意思的。但是,爲了更好地了解銀河化工供應鏈服務有限公司,我們需要考慮許多其他因素。一個很好的例子:我們發現了你應該注意的銀河化學供應鏈服務有限公司的兩個警告信號,其中一個令人擔憂。

Of course Milkyway Chemical Supply Chain ServiceLtd may not be the best stock to buy. So you may wish to see this free collection of growth stocks.

當然,銀河化工供應鏈服務有限公司可能不是最值得購買的股票。因此,您可能希望看到這批免費的成長股。

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Chinese exchanges.

請注意,本文引用的市場回報反映了目前在中國交易所交易的股票的市場加權平均回報。

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.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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