Stock Analysis
Changzhou Tronly New Electronic Materials (SZSE:300429) delivers shareholders notable 58% return over 1 year, surging 13% in the last week alone
The last three months have been tough on Changzhou Tronly New Electronic Materials Co., Ltd. (SZSE:300429) shareholders, who have seen the share price decline a rather worrying 32%. While that might be a setback, it doesn't negate the nice returns received over the last twelve months. Looking at the full year, the company has easily bested an index fund by gaining 58%.
Since it's been a strong week for Changzhou Tronly New Electronic Materials shareholders, let's have a look at trend of the longer term fundamentals.
Check out our latest analysis for Changzhou Tronly New Electronic Materials
Changzhou Tronly New Electronic Materials isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Shareholders of unprofitable companies usually desire strong revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.
Over the last twelve months, Changzhou Tronly New Electronic Materials' revenue grew by 15%. That's a fairly respectable growth rate. While the share price performed well, gaining 58% over twelve months, you could argue the revenue growth warranted it. If the company can maintain the revenue growth, the share price could go higher still. But it's crucial to check profitability and cash flow before forming a view on the future.
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
This free interactive report on Changzhou Tronly New Electronic Materials' balance sheet strength is a great place to start, if you want to investigate the stock further.
A Different Perspective
It's nice to see that Changzhou Tronly New Electronic Materials shareholders have received a total shareholder return of 58% over the last year. There's no doubt those recent returns are much better than the TSR loss of 5% per year over five years. This makes us a little wary, but the business might have turned around its fortunes. 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. For example, we've discovered 2 warning signs for Changzhou Tronly New Electronic Materials that you should be aware of before investing here.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Chinese 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.
About SZSE:300429
Changzhou Tronly New Electronic Materials
Changzhou Tronly New Electronic Materials Co., Ltd.