-
市場
-
產品
-
資訊
-
Moo社區
-
課堂
-
查看更多
-
功能介紹
-
費用費用透明,無最低余額限制
投資選擇、功能介紹、費用相關信息由Moomoo Financial Inc.提供
- English
- 中文繁體
- 中文简体
- 深色
- 淺色
Companies Like Archosaur Games (HKG:9990) Can Afford To Invest In Growth
Companies Like Archosaur Games (HKG:9990) Can Afford To Invest In Growth
Just because a business does not make any money, does not mean that the stock will go down. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.
So should Archosaur Games (HKG:9990) shareholders be worried about its cash burn? For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'.
View our latest analysis for Archosaur Games
Does Archosaur Games Have A Long Cash Runway?
A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. When Archosaur Games last reported its balance sheet in December 2021, it had zero debt and cash worth CN¥2.7b. Looking at the last year, the company burnt through CN¥272m. That means it had a cash runway of about 9.9 years as of December 2021. Notably, however, the one analyst we see covering the stock thinks that Archosaur Games will break even (at a free cash flow level) before then. In that case, it may never reach the end of its cash runway. You can see how its cash balance has changed over time in the image below.
SEHK:9990 Debt to Equity History August 3rd 2022Is Archosaur Games' Revenue Growing?
We're hesitant to extrapolate on the recent trend to assess its cash burn, because Archosaur Games actually had positive free cash flow last year, so operating revenue growth is probably our best bet to measure, right now. Unfortunately, the last year has been a disappointment, with operating revenue dropping 24% during the period. Clearly, however, the crucial factor is whether the company will grow its business going forward. For that reason, it makes a lot of sense to take a look at our analyst forecasts for the company.
How Hard Would It Be For Archosaur Games To Raise More Cash For Growth?
Since its revenue growth is moving in the wrong direction, Archosaur Games shareholders may wish to think ahead to when the company may need to raise more cash. Companies can raise capital through either debt or equity. Commonly, a business will sell new shares in itself to raise cash and drive growth. We can compare a company's cash burn to its market capitalisation to get a sense for how many new shares a company would have to issue to fund one year's operations.
Archosaur Games' cash burn of CN¥272m is about 8.7% of its CN¥3.1b market capitalisation. Given that is a rather small percentage, it would probably be really easy for the company to fund another year's growth by issuing some new shares to investors, or even by taking out a loan.
So, Should We Worry About Archosaur Games' Cash Burn?
It may already be apparent to you that we're relatively comfortable with the way Archosaur Games is burning through its cash. For example, we think its cash runway suggests that the company is on a good path. While its falling revenue wasn't great, the other factors mentioned in this article more than make up for weakness on that measure. There's no doubt that shareholders can take a lot of heart from the fact that at least one analyst is forecasting it will reach breakeven before too long. After considering a range of factors in this article, we're pretty relaxed about its cash burn, since the company seems to be in a good position to continue to fund its growth. An in-depth examination of risks revealed 1 warning sign for Archosaur Games that readers should think about before committing capital to this stock.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies, and this list of stocks growth stocks (according to analyst forecasts)
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.
僅僅因為一家企業沒有賺到錢,並不意味着股票會下跌。例如,雖然軟件即服務業務Salesforce.com在經常性收入增長的同時多年來一直虧損,但如果你從2005年開始持有股票,你確實會做得非常好。但殘酷的現實是,許多虧損的公司燒光了所有的現金,破產了。
所以也應該這樣始祖龍小遊戲(HKG:9990)股東擔心其燒錢?就本文而言,現金消耗是指一家不盈利的公司為其增長提供資金而花費現金的年度比率;其負的自由現金流。第一步是將它的現金消耗與其現金儲備進行比較,給我們提供它的“現金跑道”。
查看我們對始祖龍遊戲的最新分析
始祖龍遊戲有很長的現金跑道嗎?
現金跑道的定義是,如果一家公司繼續以目前的現金消耗速度支出,它需要多長時間才能耗盡資金。當Archosaur Games上一次報告資產負債表是在2021年12月,它沒有債務和現金,價值27億元人民幣。回顧去年,該公司燒掉了2.72億元人民幣。這意味着,截至2021年12月,該公司的現金跑道年限約為9.9年。然而,值得注意的是,我們看到的一位跟蹤該股的分析師認為,在此之前,Archosaur Games將實現盈虧平衡(在自由現金流水平上)。在這種情況下,它可能永遠不會走到現金跑道的盡頭。你可以在下圖中看到它的現金餘額是如何隨着時間的推移而變化的。
聯交所:9990債轉股歷史2022年8月3日古龍遊戲的收入在增長嗎?
我們不願對最近的趨勢進行推斷,以評估其現金消耗,因為Archosaur Games去年實際上有正的自由現金流,所以運營收入增長可能是我們目前衡量的最佳選擇。不幸的是,去年令人失望,在此期間營業收入下降了24%。然而,顯然,關鍵因素是該公司是否會在未來實現業務增長。因此,看看我們的分析師對該公司的預測是很有意義的。
對於古龍遊戲來説,籌集更多的現金來實現增長有多難?
由於其收入增長的方向是錯誤的,Archosaur Games的股東們可能希望提前考慮公司何時可能需要籌集更多現金。公司可以通過債務或股權籌集資金。通常情況下,企業會自行發售新股,以籌集現金並推動增長。我們可以將一家公司的現金消耗與其市值進行比較,以瞭解一家公司需要發行多少新股才能為一年的運營提供資金。
始龍遊戲的現金消耗為2.72億元,約佔其31億元市值的8.7%。鑑於這只是一個相當小的比例,該公司很可能很容易通過向投資者發行一些新股,甚至通過貸款來為下一年的增長提供資金。
那麼,我們應該擔心始祖龍遊戲的燒錢嗎?
你可能已經很明顯了,我們對Arosaur Games燒錢的方式相對滿意。例如,我們認為它的現金跑道表明該公司正走在一條良好的道路上。雖然它的收入下降不是很大,但本文提到的其他因素足以彌補這一指標的疲軟。毫無疑問,至少有一位分析師預測公司將在不久的將來達到盈虧平衡,這一事實無疑會讓股東們振作起來。在考慮了本文中的一系列因素後,我們對該公司的現金消耗相當放心,因為該公司似乎處於一個很好的位置,可以繼續為其增長提供資金。對暴露出的風險進行深入檢查1個始祖龍小遊戲警示標誌讀者在向這隻股票注資之前應該考慮一下。
當然了,如果你把目光投向別處,你可能會發現這是一筆很棒的投資。所以讓我們來看看這個免費感興趣的公司名單,以及這份名單中的成長股(根據分析師預測)
對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫。或者,也可以給編輯組發電子郵件,地址是implywallst.com。
本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。
moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
風險及免責聲明
moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用瀏覽器的分享功能,分享給你的好友吧