share_log

The Total Return for Chengdu ALD Aviation Manufacturing (SZSE:300696) Investors Has Risen Faster Than Earnings Growth Over the Last Five Years

The Total Return for Chengdu ALD Aviation Manufacturing (SZSE:300696) Investors Has Risen Faster Than Earnings Growth Over the Last Five Years

在过去五年中,成都ALD航空制造公司(深交所股票代码:300696)投资者的总回报增长速度快于盈利增长
Simply Wall St ·  2023/10/19 12:11

While Chengdu ALD Aviation Manufacturing Corporation (SZSE:300696) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 18% in the last quarter. But that doesn't change the fact that the returns over the last five years have been pleasing. Its return of 86% has certainly bested the market return! Unfortunately not all shareholders will have held it for the long term, so spare a thought for those caught in the 33% decline over the last twelve months.

而当成都ALD航空制造总公司(SZSE:300696)股东可能总体上很高兴,该股最近表现不是特别好,上个季度股价下跌了18%。但这并不能改变过去五年回报一直令人满意的事实。它86%的回报率肯定超过了市场回报率!不幸的是,并不是所有的股东都会长期持有它,所以请考虑一下那些在过去12个月中陷入33%跌幅的人。

Although Chengdu ALD Aviation Manufacturing has shed CN¥528m from its market cap this week, let's take a look at its longer term fundamental trends and see if they've driven returns.

尽管成都ALD航空制造本周市值缩水5.28亿元,但让我们来看看其较长期的基本面趋势,看看它们是否推动了回报。

See our latest analysis for Chengdu ALD Aviation Manufacturing

查看我们对成都ALD航空制造的最新分析

To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

用巴菲特的话说,“船只将在世界各地航行,但平坦的地球协会将蓬勃发展。市场上的价格和价值之间将继续存在巨大的差异……”评估围绕一家公司的情绪变化的一个有缺陷但合理的方法是将每股收益(EPS)与股价进行比较。

During five years of share price growth, Chengdu ALD Aviation Manufacturing achieved compound earnings per share (EPS) growth of 16% per year. This EPS growth is higher than the 13% average annual increase in the share price. So one could conclude that the broader market has become more cautious towards the stock.

在五年的股价增长中,成都ALD航空制造实现了每股收益(EPS)每年16%的复合增长。这一EPS增幅高于该公司股价13%的年均增幅。因此,人们可以得出结论,更广泛的市场对该股已变得更加谨慎。

The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).

下图描述了EPS是如何随着时间的推移而变化的(通过单击图像来揭示确切的值)。

earnings-per-share-growth
SZSE:300696 Earnings Per Share Growth October 19th 2023
深交所:2023年10月19日每股收益增长300696

Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.

在买卖股票之前,我们总是建议仔细研究一下历史增长趋势,可以在这里找到。

What About Dividends?

那股息呢?

It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Chengdu ALD Aviation Manufacturing's TSR for the last 5 years was 91%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!

重要的是要考虑任何给定股票的总股东回报以及股价回报。TSR是一种回报计算,计入了现金股息的价值(假设收到的任何股息都进行了再投资),以及任何贴现融资和剥离的计算价值。可以说,TSR更全面地描绘了一只股票产生的回报。碰巧的是,成都ALD航空制造最近5年的TSR为91%,超过了前面提到的股价回报。这在很大程度上是其股息支付的结果!

A Different Perspective

不同的视角

We regret to report that Chengdu ALD Aviation Manufacturing shareholders are down 33% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 4.8%. 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 14% 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. It's always interesting to track share price performance over the longer term. But to understand Chengdu ALD Aviation Manufacturing better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Chengdu ALD Aviation Manufacturing you should know about.

我们遗憾地报告,成都ALD航空制造公司的股东今年以来下降了33%(即使包括股息)。不幸的是,这比大盘4.8%的跌幅还要糟糕。话虽如此,在下跌的市场中,一些股票不可避免地会被超卖。关键是要密切关注基本面的发展。从好的方面来看,长期股东已经赚到了钱,过去五年的年回报率为14%。如果基本面数据继续显示长期可持续增长,当前的抛售可能是一个值得考虑的机会。跟踪股价的长期表现总是很有趣的。但要更好地理解成都ALD航空制造,我们还需要考虑许多其他因素。例如,考虑一下风险。每家公司都有它们,我们已经发现成都ALD航空制造1个警示标志你应该知道。

But note: Chengdu ALD Aviation Manufacturing may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).

但请注意:成都ALD航空制造可能不是最好的股票。所以让我们来看看这个免费过去有盈利增长(以及进一步增长预测)的有趣公司名单。

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Chinese exchanges.

请注意,本文引用的市场回报反映了目前在中国交易所交易的股票的市场加权平均回报。

Have 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.

对这篇文章有什么反馈吗?担心内容吗? 保持联系直接与我们联系。或者,也可以给编辑组发电子邮件,地址是implywallst.com。
本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    抢沙发