① Investors can observe the performance indicators of stocks on trading software, or observe and analyze them through the announcements of regular financial statements published by listed companies. The performance indicators of stocks are mainly P/E ratio, P/B ratio, earnings per share, net assets per share, operating income and net profit. These will be displayed on some trading software and updated in real time, and investors can analyze and observe the performance of stocks through these indicators.
② You can also look at the performance of stocks from the financial statements. Periodic financial statements include: balance sheet, income statement, cash flow statement and statement of changes in owners' equity. Investors can observe the performance of listed companies by comparing the financial statement data with the previous data, or with the financial statement data of listed companies in the same industry.
③ Stock performance mainly depends on quarterly or annual earnings per share, that is, the company's profitability per dividend difference. The greater the earnings per share, the better the company's performance. At the same time, if the price-earnings ratio is low, it shows that the stock price still has the potential to rise. Net assets per share and cash flow per share are very critical performance indicators.
2. Good stock performance is mainly manifested in the following aspects:
(1) Earnings per share is dominant, and the annual growth is increasing step by step, ranking in the forefront of the industry is a good performance.
(2) the growth rate is greater than the percentage of the same industry, and the growth rate of net assets is also needed here. Similarly, the gross profit margin is also high. Generally these indicators are better than 20%.
(3) The P/E ratio should be lower, and it should be suitable for the multiple of the P/E ratio of the whole stock market. Generally speaking, China's economic growth is between 20 and 60 times, and exceeding the upper limit is a bit excessive.
(4) Undistributed profit means that the listed company has not calculated the amount of profit distributed to shareholders, so it is best not to be negative, the more the better.
(5) the company's growth, future development prospects, the future development goals of some companies should be clear, and invest in projects that you personally feel have prospects.
6. It is very important to increase the income from the main business. The bigger this is, the better, because some companies do not rely on their own company's ability to make profits. If you make money from other investments, then this company will fail. The index to evaluate stock performance is the price-earnings ratio of individual stocks. Simply put, compared with the industry, the lower the P/E ratio of stocks means the better the performance of the corresponding listed companies.
How to analyze the quality of a stock?
1 Looking at the performance of individual stocks, performance is the support of the stock price, and performance is one of the most important ways to judge whether a stock is good or bad. Choosing a good stock mainly depends on its performance and good growth.
2 Check the after-tax profit and earnings per share. Earnings per share mainly refers to the ratio of after-tax profit to total share capital. Earnings per share refers to the corporate net profit that ordinary shareholders can enjoy or bear per share.
From the trend point of view, performance is the internal driving force to promote a stock to rise. Therefore, good stocks generally have better performance, individual stocks operate better and their performance will continue to improve.
4 P/E ratio, also known as P/E ratio, stock P/E ratio or market P/E ratio (P/E ratio for short). Refers to the ratio of stock price divided by EPS.
5. The growth rate of net profit refers to the growth rate of the current net profit of an enterprise compared with the previous net profit. The greater the index value, the stronger the profitability of the enterprise. On the contrary, it means that the company's net profit declines, and the stock price decline is not far off.
The net asset value per share reflects the net asset value of the company represented by each share, which is an important basis for supporting the stock market price. The greater the net asset value per share, the stronger the wealth represented by each share of the company.
The most commonly used indicators to measure whether a stock is good or not are individual stock performance, earnings per share, net asset value per share, return on net assets, net profit growth rate, main business income growth rate and price-earnings ratio. If a stock has good performance and high earnings per share, it can be studied in depth and is likely to be a good stock worth holding for a long time.
In short, users can analyze these indicators, and only by choosing good stocks can they get benefits. Investors should not only analyze the above indicators, but also learn to calculate P/E ratio, P/B ratio, compound growth rate, return on equity, beta coefficient and PEG indicators.
It takes four steps to analyze a stock.
Step 1: Understand whether the industry is in a good industry.
1, the market demand should be large enough to last for a long time. Because the big track can run out of big companies, and no matter whether the economy is good or bad, people can't live without it. That is the eternal "golden track".
2. The market demand is growing rapidly, even explosively. Since the stock price reflects the future performance, if the market demand remains stable and does not increase, it will be difficult for the stock price to go up.
Step 2: Analyze the value chain. The value chain is the distribution of interests in the industrial chain. What we want to analyze is who has earned all the money in the industry? Who has more bargaining power? Who is working as a coolie again?
The third step: the industry competition pattern. How to measure the competition pattern, the best indicator is concentration, that is, the market share occupied by the head players. The sum of the market shares of the top five companies is called CR5, and the sum of the market shares of the top ten companies is called CR 10. Industries with high thresholds, standardized products and strong network effects tend to have higher concentration, such as heavy industry, such as the Internet. In industries with low threshold and personalized products, the concentration is much lower, such as catering, such as tutoring, such as hairdressing. In industries with high concentration and low survival pressure, investors need to analyze the company's product quality and personalized service.
The fourth step: the stage of industry development. The development process of the industry can generally be divided into innovation period, growth period, maturity period and decline period (generally not concerned). If we want to use an index for quantitative analysis, it is permeability, or market penetration. When the market penetration rate is generally below 20%, it proves that the market still has a lot of room for development; At 50%, the industry competition intensifies; Reach more than 80%, and the industry competition pattern is basically stable.
Pay attention to the performance indicators of listed companies.
1, earnings per share. This is the most important indicator of performance, and the level of earnings per share reflects the performance of a listed company. Under normal circumstances, if the earnings per share is around 0.5 yuan, it is a medium performance; If it is above 1 yuan, it is a good performance; If it is below 0.2 yuan, it is a poor performance. Earnings per share indicators, in the stock software, you can query the performance of specific stocks.
2, industry comparison. In addition to paying attention to the company's own performance, it is also necessary to make industry comparisons. If an industry makes a lot of money and has a high profit rate, then earnings per share is not a medium performance in 0.6 yuan. For example, the performance of Kweichow Moutai is earnings per share of 2 1 yuan, indicating that the performance of liquor stocks is very good, and the performance of liquor stocks below 1 yuan is poor. In addition, it is necessary to distinguish industries. For example, the earnings per share of the retail industry will not be very high, and the industry is characterized by low gross profit. Also, stocks with large plates have low earnings per share because they are averaged. Small-cap stocks have relatively high earnings per share.
Third, pay attention to performance dynamically. Performance, not an absolute indicator, needs a good investment prospect. We can also consider investing in a stock with average performance but good growth. Growth is as important as performance.