37 Interactive Entertainment Network Technology Group's (SZSE:002555) Earnings Growth Rate Lags the 17% CAGR Delivered to Shareholders
37 Interactive Entertainment Network Technology Group's (SZSE:002555) Earnings Growth Rate Lags the 17% CAGR Delivered to Shareholders
When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, long term 37 Interactive Entertainment Network Technology Group Co., Ltd. (SZSE:002555) shareholders have enjoyed a 97% share price rise over the last half decade, well in excess of the market return of around 36% (not including dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 38% , including dividends .
当我们投资时,我们通常在寻找表现优于市场平均水平的股票。尽管主动选股涉及风险(需要多元化),但它也可以提供超额回报。例如,37互动娱乐网络科技集团有限公司(SZSE:002555)的长期股东在过去五年中股价上涨了97%,远远超过了约36%的市场回报率(不包括股息)。另一方面,最近的涨幅并不那么令人印象深刻,包括股息在内的股东仅获得38%的收益。
Although 37 Interactive Entertainment Network Technology Group has shed CN¥2.1b 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37互动娱乐网络科技集团本周市值已下跌2.1亿元人民币,但让我们来看看其长期基本面趋势,看看它们是否推动了回报。
View our latest analysis for 37 Interactive Entertainment Network Technology Group
查看我们对37互动娱乐网络技术集团的最新分析
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. 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.
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。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。
During five years of share price growth, 37 Interactive Entertainment Network Technology Group achieved compound earnings per share (EPS) growth of 11% per year. This EPS growth is lower than the 15% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. And that's hardly shocking given the track record of growth.
在五年的股价增长中,37互动娱乐网络技术集团实现了每股复合收益(EPS)每年增长11%。每股收益的增长低于股价每年平均增长15%。这表明,如今,市场参与者对公司的重视程度更高。考虑到增长记录,这并不令人震惊。
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 随着时间的推移是如何变化的(点击图片可以看到确切的值)。
Dive deeper into 37 Interactive Entertainment Network Technology Group's key metrics by checking this interactive graph of 37 Interactive Entertainment Network Technology Group's earnings, revenue and cash flow.
查看这张包含37互动娱乐网络科技集团收益、收入和现金流的交互式图表,深入了解37互动娱乐网络科技集团的关键指标。
What About Dividends?
分红呢?
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, 37 Interactive Entertainment Network Technology Group's TSR for the last 5 years was 123%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!
在考虑投资回报时,重要的是要考虑两者之间的区别 股东总回报 (TSR) 和 股价回报。股价回报仅反映股价的变化,而股东总回报率包括股息的价值(假设股息已被再投资)以及任何折扣融资或分拆的收益。因此,对于支付丰厚股息的公司来说,股东总回报率通常远高于股价回报。碰巧的是,37互动娱乐网络科技集团过去5年的股东总回报率为123%,超过了前面提到的股价回报率。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're pleased to report that 37 Interactive Entertainment Network Technology Group shareholders have received a total shareholder return of 38% over one year. That's including the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 17% per year), it would seem that the stock's performance has improved in recent times. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for 37 Interactive Entertainment Network Technology Group you should know about.
我们很高兴地向大家报告,互动娱乐网络技术集团的37名股东在一年内获得了38%的股东总回报率。这包括股息。由于一年期股东总回报率好于五年期股东总回报(后者为每年17%),该股的表现似乎在最近有所改善。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。尽管值得考虑市场状况可能对股价产生的不同影响,但还有其他因素更为重要。例如,以风险为例。每家公司都有它们,我们已经发现了你应该知道的37互动娱乐网络技术集团的1个警告信号。
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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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。