Earnings growth of 15% over 3 years hasn't been enough to translate into positive returns for China Resources Beer (Holdings) (HKG:291) shareholders

Simply Wall St.01-11

The truth is that if you invest for long enough, you're going to end up with some losing stocks. But the long term shareholders of China Resources Beer (Holdings) Company Limited (HKG:291) have had ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2402451796?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/5111000-choice2-main-header/1585186902639","is_english":true,"pubTime":"2024-01-11 06:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2402451796","market":"nz","top_or_hot":-1,"title":"Earnings growth of 15% over 3 years hasn't been enough to translate into positive returns for China Resources Beer (Holdings) (HKG:291) shareholders","media":"Simply Wall St.","content":"<div>\n<p>The truth is that if you invest for long enough, you're going to end up with some losing stocks.  But the long term shareholders of China Resources Beer (Holdings) Company Limited (HKG:291) have had ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/food-beverage-tobacco/hkg-291/china-resources-beer-holdings-shares/news/earnings-growth-of-15-over-3-years-hasnt-been-enough-to-tran-2\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Earnings growth of 15% over 3 years hasn't been enough to translate into positive returns for China Resources Beer (Holdings) (HKG:291) shareholders</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEarnings growth of 15% over 3 years hasn't been enough to translate into positive returns for China Resources Beer (Holdings) (HKG:291) shareholders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-11 06:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/hk/food-beverage-tobacco/hkg-291/china-resources-beer-holdings-shares/news/earnings-growth-of-15-over-3-years-hasnt-been-enough-to-tran-2><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The truth is that if you invest for long enough, you're going to end up with some losing stocks.  But the long term shareholders of China Resources Beer (Holdings) Company Limited (HKG:291) have had ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/food-beverage-tobacco/hkg-291/china-resources-beer-holdings-shares/news/earnings-growth-of-15-over-3-years-hasnt-been-enough-to-tran-2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00291","symbol_name":"华润啤酒","start_time":0,"source_url":"https://simplywall.st/stocks/hk/food-beverage-tobacco/hkg-291/china-resources-beer-holdings-shares/news/earnings-growth-of-15-over-3-years-hasnt-been-enough-to-tran-2","article_id":"2402451796","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/5111000-choice2-main-header/1585186902639"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2402451796","pubTimestamp":1704927177,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"The truth is that if you invest for long enough, you're going to end up with some losing stocks. But the long term...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"00291":"华润啤酒"},"translate_title":"三年来15%的盈利增长不足以为华润啤酒（控股）（HKG：291）股东带来正回报","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00291":1},"content_text":"The truth is that if you invest for long enough, you're going to end up with some losing stocks.  But the long term shareholders of China Resources Beer (Holdings) Company Limited (HKG:291) have had an unfortunate run in the last three years.  Regrettably, they have had to cope with a 55% drop in the share price over that period.    And over the last year the share price fell 48%, so we doubt many shareholders are delighted.     The falls have accelerated recently, with the share price down 32% in the last three months.      After losing 5.0% this past week, it's worth investigating the company's fundamentals to see what we can infer from past performance.    Check out our latest analysis for China Resources Beer (Holdings)   While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational.  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.   Although the share price is down over three years, China Resources Beer (Holdings) actually managed to grow EPS by 51% 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.   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.  Revenue is actually up 5.7% over the three years, so the share price drop doesn't seem to hinge on revenue, either.  It's probably worth investigating China Resources Beer (Holdings) further; while we may be missing something on this analysis, there might also be an opportunity.      You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values). SEHK:291 Earnings and Revenue Growth January 10th 2024 China Resources Beer (Holdings) is a well known stock, with plenty of analyst coverage, suggesting some visibility into future growth.  Given we have quite a good number of analyst forecasts, it might be well worth checking out this free chart depicting consensus estimates.  A Different Perspective We regret to report that China Resources Beer (Holdings) shareholders are down 48% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 15%.  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 3% 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.        Before deciding if you like the current share price, check how China Resources Beer (Holdings) scores on these 3 valuation metrics.  For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Hong Kong exchanges.Valuation is complex, but we're helping make it simple.Find out whether China Resources Beer (Holdings) is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free AnalysisHave 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.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2402451796"}