- China
- /
- Gas Utilities
- /
- SHSE:600333
Changchun Gas Co.Ltd (SHSE:600333 investor three-year losses grow to 13% as the stock sheds CN¥603m this past week
It is doubtless a positive to see that the Changchun Gas Co,.Ltd (SHSE:600333) share price has gained some 40% in the last three months. If you look at the last three years, the stock price is down. But on the bright side, its return of -13%, is better than the market, which is down 14%.
With the stock having lost 15% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.
Check out our latest analysis for Changchun Gas Co.Ltd
Because Changchun Gas Co.Ltd made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Shareholders of unprofitable companies usually desire strong revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one would hope for good top-line growth to make up for the lack of earnings.
In the last three years, Changchun Gas Co.Ltd saw its revenue grow by 12% per year, compound. That's a fairly respectable growth rate. While the share price drop of 4%, compound, over three years certainly won't delight holders, it's actually not too bad. So why not take this opportunity to research this growing business while sentiment is low? When you buy a good quality growth stock before it becomes popular, you can do very well.
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
A Different Perspective
Changchun Gas Co.Ltd provided a TSR of 2.1% over the last twelve months. Unfortunately this falls short of the market return. On the bright side, that's still a gain, and it's actually better than the average return of 1.1% over half a decade This suggests the company might be improving over time. It's always interesting to track share price performance over the longer term. But to understand Changchun Gas Co.Ltd better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 2 warning signs for Changchun Gas Co.Ltd you should know about.
We will like Changchun Gas Co.Ltd better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Chinese exchanges.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
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.
About SHSE:600333
Changchun Gas Co.Ltd
Engages in the production and sale of natural gas in China.
Very low and overvalued.