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Shandong Yisheng Livestock & Poultry Breeding's (SZSE:002458) 19% YoY Earnings Expansion Surpassed the Shareholder Returns Over the Past Five Years

Shandong Yisheng Livestock & Poultry Breeding's (SZSE:002458) 19% YoY Earnings Expansion Surpassed the Shareholder Returns Over the Past Five Years

山东益生畜禽育种 (SZSE: 002458) 在过去五年中,同比增长19%的收益超过了股东回报
Simply Wall St ·  2023/11/01 18:17

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd. (SZSE:002458) shareholders might be concerned after seeing the share price drop 20% in the last quarter. But that doesn't change the fact that shareholders have received really good returns over the last five years. Indeed, the share price is up an impressive 109% in that time. We think it's more important to dwell on the long term returns than the short term returns. Only time will tell if there is still too much optimism currently reflected in the share price.

山东益生畜禽育种有限公司(SZSE:002458)股东在上个季度看到股价下跌20%后,可能会感到担忧。但这并不能改变这样一个事实,即股东在过去五年中获得了非常丰厚的回报。事实上,那段时间股价上涨了令人印象深刻的109%。我们认为,关注长期回报比短期回报更为重要。只有时间才能证明股价目前是否仍然反映出过多的乐观情绪。

On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns.

在连续7天表现稳健的背景下,让我们来看看公司的基本面在推动长期股东回报方面发挥了什么作用。

See our latest analysis for Shandong Yisheng Livestock & Poultry Breeding

查看我们对山东益生畜禽育种的最新分析

There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

不可否认,市场有时是有效的,但价格并不总是能反映潜在的业务表现。通过比较每股收益(EPS)和一段时间内的股价变化,我们可以了解投资者对公司的态度是如何随着时间的推移而变化的。

During the last half decade, Shandong Yisheng Livestock & Poultry Breeding became profitable. Sometimes, the start of profitability is a major inflection point that can signal fast earnings growth to come, which in turn justifies very strong share price gains.

在过去的五年中,山东益生畜禽育种实现了盈利。有时,盈利的开始是一个重要的转折点,可能预示着收益的快速增长,这反过来又证明了股价的强劲上涨是合理的。

The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).

该公司的每股收益(随着时间的推移)如下图所示(点击查看确切数字)。

earnings-per-share-growth
SZSE:002458 Earnings Per Share Growth November 1st 2023
深圳证券交易所:002458 每股收益增长 2023 年 11 月 1 日

We know that Shandong Yisheng Livestock & Poultry Breeding has improved its bottom line lately, but is it going to grow revenue? If you're interested, you could check this free report showing consensus revenue forecasts.

我们知道山东益生畜禽育种最近提高了利润,但它会增加收入吗?如果你有兴趣,可以查看这份显示共识收入预测的免费报告。

What About The Total Shareholder Return (TSR)?

那么股东总回报(TSR)呢?

Investors should note that there's a difference between Shandong Yisheng Livestock & Poultry Breeding's total shareholder return (TSR) and its share price change, which we've covered above. Arguably the TSR is a more complete return calculation because it accounts for the value of dividends (as if they were reinvested), along with the hypothetical value of any discounted capital that have been offered to shareholders. Its history of dividend payouts mean that Shandong Yisheng Livestock & Poultry Breeding's TSR of 121% over the last 5 years is better than the share price return.

投资者应注意,山东益生畜禽育种的股东总回报率(TSR)与其股价变化之间存在差异,我们在上面已经对此进行了介绍。可以说,股东总回报率是一种更完整的回报计算方法,因为它考虑了股息的价值(就好像是再投资一样),以及向股东提供的任何折扣资本的假设价值。其股息支付历史意味着,山东益生畜禽育种在过去5年中的股东总回报率为121%,好于股价回报率。

A Different Perspective

不同的视角

It's nice to see that Shandong Yisheng Livestock & Poultry Breeding shareholders have received a total shareholder return of 1.8% over the last year. Having said that, the five-year TSR of 17% a year, is even better. Potential buyers might understandably feel they've missed the opportunity, but it's always possible business is still firing on all cylinders. Is Shandong Yisheng Livestock & Poultry Breeding cheap compared to other companies? These 3 valuation measures might help you decide.

很高兴看到山东益生畜禽育种股东在去年获得了1.8%的股东总回报率。话虽如此,五年期股东总回报率为每年17%,甚至更好。潜在买家可能会觉得他们错过了机会,这是可以理解的,但生意总是有可能全力以赴。与其他公司相比,山东益生畜禽育种便宜吗?这三种估值指标可能有助于您做出决定。

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.

当然,通过寻找其他地方,你可能会找到一笔不错的投资。因此,请看一下我们预计收益将增加的这份免费公司名单。

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。

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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.

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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

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
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