Kenly Precision Industrial (GTSM:5383) Shareholders Booked A 72% Gain In The Last Year
Kenly Precision Industrial Co., LTD. (GTSM:5383) shareholders might be concerned after seeing the share price drop 21% in the last quarter. But that doesn't change the fact that the returns over the last year have been pleasing. In that time we've seen the stock easily surpass the market return, with a gain of 72%.
See our latest analysis for Kenly Precision Industrial
Given that Kenly Precision Industrial didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
Over the last twelve months, Kenly Precision Industrial's revenue grew by 4.5%. That's not a very high growth rate considering it doesn't make profits. In keeping with the revenue growth, the share price gained 72% in that time. That's not a standout result, but it is solid - much like the level of revenue growth. It could be worth keeping an eye on this one, especially if growth accelerates.
The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).
This free interactive report on Kenly Precision Industrial's balance sheet strength is a great place to start, if you want to investigate the stock further.
A Different Perspective
It's good to see that Kenly Precision Industrial has rewarded shareholders with a total shareholder return of 72% in the last twelve months. That's better than the annualised return of 6% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. It's always interesting to track share price performance over the longer term. But to understand Kenly Precision Industrial better, we need to consider many other factors. Take risks, for example - Kenly Precision Industrial has 4 warning signs (and 2 which are significant) we think you should know about.
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on TW exchanges.
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About TPEX:5383
Kenly Precision Industrial
Manufactures and sells precision machine tools in Taiwan.
Adequate balance sheet with weak fundamentals.