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In 2007, I bought 1000 shares of China Petroleum. What is the market value now?
The loss is about 83.4%!

China Petroleum was listed as 165438+ on June 5th, 2007, with the issue price of 16.7 yuan, and the P/E ratio was 22.44. After listing, it suddenly rose to a high of 48.62 yuan. After listing, it reached the highest price, but later, because its performance could not grow steadily, PetroChina began a long decline process. The lowest price fell to 4.04 yuan, and now it is 4.93 yuan, which is 43.69 yuan lower than the highest price. The stock price fell by 89.9%, close to 90%.

If you bought 1 000 shares at the highest price of 48.62 yuan when PetroChina was listed, which is equivalent to spending 48,620 yuan, then the current price is 4.92 yuan, and the market value of 1 000 shares is about 4,920 yuan. In this way, if you hold PetroChina for more than ten years, this loss can be said to be quite large.

Over the past ten years, PetroChina has paid a lot of dividends. If you count the dividends in recent ten years, the total amount is about 3 1.336 yuan, that is to say, the dividend per share is 3. 1.336 yuan, and the total dividend per thousand shares in recent ten years is about 3 1 .33. 6 yuan.

At present, the stock market value of 1000 is 4920 yuan, and the ten-year dividend of 3 133.6 yuan is 8053.6 yuan.

As can be seen from the above, when it went public in 2007, the share price of PetroChina was 48.62 yuan, with a total investment of 48,620 yuan. However, it has been held for more than ten years, and the dividend plus the existing market value is about 8053.6 yuan, equivalent to a loss of 40566.4 yuan, with a total loss of 83.4%.

Of course, this has not yet calculated the opportunity cost of capital. If 48,620 yuan was deposited in the bank in 2007, even if the annual interest rate is 3%, the total interest of 14 will be 20,420 yuan. It can be seen that even if you deposit it in the bank, the interest is much higher than the remaining market value and dividends of buying PetroChina.

To sum up, if PetroChina bought 1 0,000 shares at 48.62 yuan when it went public in 2007, it has now lost 40,566.4 yuan, with a loss rate of 83.4%.