Longhua Technology GroupLtd's (SZSE:300263) Five-year Total Shareholder Returns Outpace the Underlying Earnings Growth
Longhua Technology GroupLtd's (SZSE:300263) Five-year Total Shareholder Returns Outpace the Underlying Earnings Growth
While Longhua Technology Group Co.,Ltd. (SZSE:300263) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 23% in the last quarter. Looking further back, the stock has generated good profits over five years. After all, the share price is up a market-beating 39% in that time. Unfortunately not all shareholders will have held it for the long term, so spare a thought for those caught in the 38% decline over the last twelve months.
而龙华科技集团有限公司, Ltd.(深圳证券交易所代码:300263)的股东们可能普遍感到高兴,该股最近表现不佳,上个季度股价下跌了23%。再往前看,该股在五年内创造了可观的利润。毕竟,当时股价上涨了39%,超过了市场。不幸的是,并非所有股东都会长期持有该股票,因此请多考虑那些在过去十二个月中跌幅为38%的股东。
While this past week has detracted from the company's five-year return, let's look at the recent trends of the underlying business and see if the gains have been in alignment.
尽管过去一周减损了该公司的五年回报率,但让我们来看看基础业务的最新趋势,看看涨幅是否一致。
View our latest analysis for Longhua Technology GroupLtd
查看我们对龙华科技集团有限公司的最新分析
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 way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
引用巴菲特的话说:“船只将在世界各地航行,但Flat Earth Society将蓬勃发展。市场上的价格和价值之间将继续存在巨大差异...”研究市场情绪如何随着时间的推移而变化的一种方法是研究公司股价与其每股收益(EPS)之间的相互作用。
Over half a decade, Longhua Technology GroupLtd managed to grow its earnings per share at 1.0% a year. This EPS growth is lower than the 7% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth. This favorable sentiment is reflected in its (fairly optimistic) P/E ratio of 55.88.
在过去的五年中,龙华科技集团有限公司设法将其每股收益增长到每年1.0%。每股收益的增长低于股价年均增长7%。这表明,如今,市场参与者对公司的重视程度更高。考虑到五年的收益增长记录,这并不一定令人惊讶。这种积极情绪反映在其(相当乐观的)市盈率55.88上。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下图显示了 EPS 在一段时间内的跟踪情况(如果你点击图片,你可以看到更多细节)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240201/0-d4d01a15b6378ccd2b1d353e9ae7704f-0-dc1f02c7cee9778241fb7a03b69b954e.png/big)
It might be well worthwhile taking a look at our free report on Longhua Technology GroupLtd's earnings, revenue and cash flow.
可能值得一看我们关于龙华科技集团有限公司收益、收入和现金流的免费报告。
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. 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. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for Longhua Technology GroupLtd the TSR over the last 5 years was 41%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence!
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。股东总回报率是一种回报计算方法,它考虑了现金分红的价值(假设收到的任何股息都经过再投资)以及任何贴现资本筹集和分拆的计算价值。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率。我们注意到,龙华科技集团有限公司过去5年的股东总回报率为41%,好于上述股价回报率。而且,猜测股息支付在很大程度上解释了这种分歧是没有好处的!
A Different Perspective
不同的视角
While the broader market lost about 21% in the twelve months, Longhua Technology GroupLtd shareholders did even worse, losing 38% (even including dividends). However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 7% 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. 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. To that end, you should be aware of the 2 warning signs we've spotted with Longhua Technology GroupLtd .
尽管整个市场在十二个月中下跌了约21%,但龙华科技集团有限公司股东的表现甚至更糟,损失了38%(甚至包括股息)。但是,可能只是股价受到了更广泛的市场紧张情绪的影响。如果有很好的机会,可能值得关注基本面。好的一面是,长期股东赚了钱,在过去的五年中,每年增长7%。如果基本面数据继续显示长期可持续增长,那么当前的抛售可能是一个值得考虑的机会。尽管市场状况可能对股价产生的不同影响值得考虑,但还有其他因素更为重要。为此,你应该注意我们在龙华科技集团有限公司发现的两个警告标志。
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
对于那些喜欢寻找中奖投资的人来说,这份最近有内幕收购的成长型公司的免费名单可能只是门票。
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。