The Thiz Technology Group (HKG:8119) Share Price Is Down 66% So Some Shareholders Are Wishing They Sold
Thiz Technology Group Limited (HKG:8119) shareholders should be happy to see the share price up 27% in the last month. But that is little comfort to those holding over the last half decade, sitting on a big loss. Indeed, the share price is down 66% in the period. So we're not so sure if the recent bounce should be celebrated. But it could be that the fall was overdone.
Check out our latest analysis for Thiz Technology Group
Given that Thiz Technology Group 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. Shareholders of unprofitable companies usually expect strong revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
In the last half decade, Thiz Technology Group saw its revenue increase by 55% per year. That's better than most loss-making companies. Unfortunately for shareholders the share price has dropped 20% per year - disappointing considering the growth. This could mean high expectations have been tempered, potentially because investors are looking to the bottom line. If you think the company can keep up its revenue growth, you'd have to consider the possibility that there's an opportunity here.
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
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
It's nice to see that Thiz Technology Group shareholders have received a total shareholder return of 8.3% over the last year. That certainly beats the loss of about 20% per year over the last half decade. The long term loss makes us cautious, but the short term TSR gain certainly hints at a brighter future. It's always interesting to track share price performance over the longer term. But to understand Thiz Technology Group better, we need to consider many other factors. For example, we've discovered 5 warning signs for Thiz Technology Group 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 HK exchanges.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.
