Despite Lower Earnings Than Five Years Ago, Changshu Tianyin ElectromechanicalLtd (SZSE:300342) Investors Are up 106% Since Then
Despite Lower Earnings Than Five Years Ago, Changshu Tianyin ElectromechanicalLtd (SZSE:300342) Investors Are up 106% Since Then
The Changshu Tianyin Electromechanical Co.,Ltd (SZSE:300342) share price has had a bad week, falling 22%. Looking further back, the stock has generated good profits over five years. It has returned a market beating 96% in that time.
这个 常熟天音机电有限公司, Ltd (SZSE: 300342) 股价表现不佳,下跌了22%。再往前看,该股在五年内创造了丰厚的利润。在那段时间里,它的市场回升了96%。
Since the long term performance has been good but there's been a recent pullback of 22%, let's check if the fundamentals match the share price.
由于长期表现不错,但最近出现了22%的回调,让我们来看看基本面是否与股价相符。
View our latest analysis for Changshu Tianyin ElectromechanicalLtd
查看我们对常熟天音机电有限公司的最新分析
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
尽管一些人继续教导高效市场假说,但事实证明,市场是反应过度的动态系统,投资者并不总是理性的。考虑市场对公司的看法发生了怎样的变化的一种不完美但简单的方法是将每股收益(EPS)的变化与股价走势进行比较。
Changshu Tianyin ElectromechanicalLtd's earnings per share are down 41% per year, despite strong share price performance over five years.
尽管五年来股价表现强劲,但常熟天音机电有限公司的每股收益每年下降41%。
Essentially, it doesn't seem likely that investors are focused on EPS. Since the change in EPS doesn't seem to correlate with the change in share price, it's worth taking a look at other metrics.
从本质上讲,投资者似乎不太可能将注意力集中在每股收益上。由于每股收益的变化似乎与股价的变化无关,因此值得一看其他指标。
In contrast revenue growth of 3.5% per year is probably viewed as evidence that Changshu Tianyin ElectromechanicalLtd is growing, a real positive. It's quite possible that management are prioritizing revenue growth over EPS growth at the moment.
相比之下,每年3.5%的收入增长可能被视为常熟天音机电有限公司正在增长的证据,这确实是一个积极的因素。目前,管理层很有可能将收入增长置于每股收益增长之上。
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
您可以在下面看到收入和收入如何随着时间的推移而变化(点击图片了解确切的值)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231107/0-02780bccbfd1a8332b9129ba0fdce7c7-0-d18b6dcd205662521467fbabfd55bd0b.png/big)
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.
资产负债表的实力至关重要。可能值得一看我们的 免费的 报告其财务状况如何随着时间的推移而变化。
What About The Total Shareholder Return (TSR)?
那么股东总回报(TSR)呢?
We've already covered Changshu Tianyin ElectromechanicalLtd's share price action, but we should also mention its total shareholder return (TSR). The TSR attempts to capture the value of dividends (as if they were reinvested) as well as any spin-offs or discounted capital raisings offered to shareholders. Changshu Tianyin ElectromechanicalLtd's TSR of 106% for the 5 years exceeded its share price return, because it has paid dividends.
我们已经报道了常熟天音机电有限公司的股价走势,但我们也应该提及其股东总回报率(TSR)。TSR试图获取股息(好像是再投资一样)以及向股东提供的任何分拆或贴现融资的价值。常熟天音机电有限公司5年的股东总回报率为106%,超过了其股价回报率,因为它已经派发了股息。
A Different Perspective
不同的视角
It's nice to see that Changshu Tianyin ElectromechanicalLtd shareholders have received a total shareholder return of 96% over the last year. That's better than the annualised return of 16% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk. We've identified 4 warning signs with Changshu Tianyin ElectromechanicalLtd (at least 2 which are potentially serious) , and understanding them should be part of your investment process.
很高兴看到常熟天音electromechanicallTD的股东在去年获得了96%的股东总回报率。这比五年来16%的年化回报率要好,这意味着该公司最近的表现更好。持乐观观点的人可能会将最近股东总回报率的改善视为业务本身随着时间的推移而变得越来越好。我发现从长远来看,将股价视为业务表现的代表非常有趣。但是,要真正获得见解,我们还需要考虑其他信息。例如,以永远存在的投资风险幽灵为例。 我们已经确定了 4 个警告信号 选择常熟天音electromechanicallTD(至少有两家可能很严重),了解它们应该是投资过程的一部分。
We will like Changshu Tianyin ElectromechanicalLtd better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
如果我们看到一些大规模的内幕买入,我们会更喜欢常熟天音electromechanicallTD。在我们等着的时候,看看这个 免费的 最近有大量内幕收购的成长型公司名单。
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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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,也没有考虑您的目标或财务状况。我们的目标是为您提供由基本面数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。简而言之,华尔街在上述任何股票中都没有头寸。