TKD Science and TechnologyLtd's (SHSE:603738) Five-year Total Shareholder Returns Outpace the Underlying Earnings Growth
TKD Science and TechnologyLtd's (SHSE:603738) Five-year Total Shareholder Returns Outpace the Underlying Earnings Growth
It hasn't been the best quarter for TKD Science and Technology Co.,Ltd. (SHSE:603738) shareholders, since the share price has fallen 30% in that time. On the bright side the returns have been quite good over the last half decade. After all, the share price is up a market-beating 87% in that time.
对于TKD科技公司来说,这并不是最好的季度。, Ltd.(上海证券交易所股票代码:603738)的股东,因为当时股价已经下跌了30%。好的一面是,在过去的五年中,回报率一直相当不错。毕竟,那段时间股价上涨了87%,超过了市场。
Although TKD Science and TechnologyLtd has shed CN¥428m 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TKD Science and TechnologyLtd本周的市值下跌了4.28亿元人民币,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。
Check out our latest analysis for TKD Science and TechnologyLtd
查看我们对 TKD 科学与技术有限公司的最新分析
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. 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.
在他的文章中 格雷厄姆和多兹维尔的超级投资者 沃伦·巴菲特描述了股价如何并不总是合理地反映企业的价值。评估公司情绪变化的一种有缺陷但合理的方法是将每股收益(EPS)与股价进行比较。
Over half a decade, TKD Science and TechnologyLtd managed to grow its earnings per share at 1.9% a year. This EPS growth is lower than the 13% 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. This favorable sentiment is reflected in its (fairly optimistic) P/E ratio of 54.33.
在过去的五年中,TKD科学与技术有限公司设法将其每股收益增长到每年1.9%。每股收益的增长低于股价年均增长13%。这表明,如今,市场参与者对公司的重视程度更高。考虑到增长的记录,这并不令人震惊。这种积极情绪反映在其(相当乐观的)市盈率为54.33上。
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)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240201/0-8a0d0ed8495cb8e0bbd7812854655093-0-c51a209c9fe28e5e779c25adf95450c6.png/big)
We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. This free interactive report on TKD Science and TechnologyLtd's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
我们很高兴地向大家报告,首席执行官的薪酬比资本相似公司的大多数首席执行官要适中。始终值得关注首席执行官的薪酬,但更重要的问题是公司多年来是否会增加收益。如果你想进一步调查该股,这份关于TKD Science and TechnologyLtd的收益、收入和现金流的免费互动报告是一个很好的起点。
What About Dividends?
分红呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of TKD Science and TechnologyLtd, it has a TSR of 95% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence!
除了衡量股价回报率外,投资者还应考虑股东总回报率(TSR)。股东总回报率包含任何分拆或贴现资本筹集的价值,以及任何股息,前提是股息是再投资的。可以说,股东总回报率更全面地描述了股票产生的回报。就TKD科技有限公司而言,在过去的5年中,其股东回报率为95%。这超过了我们之前提到的其股价回报率。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
We regret to report that TKD Science and TechnologyLtd shareholders are down 32% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 24%. 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. Longer term investors wouldn't be so upset, since they would have made 14%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. 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. For example, we've discovered 3 warning signs for TKD Science and TechnologyLtd that you should be aware of before investing here.
我们遗憾地报告,TKD科学与技术有限公司的股东今年下跌了32%(甚至包括股息)。不幸的是,这比整个市场24%的跌幅还要严重。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发展。长期投资者不会那么沮丧,因为他们本可以在五年内每年赚取14%的收入。最近的抛售可能是一个机会,因此可能值得查看基本面数据以寻找长期增长趋势的迹象。我发现将长期股价视为业务绩效的代表非常有趣。但是,要真正获得见解,我们还需要考虑其他信息。例如,我们发现了TKD Science and TechnologyLtd的3个警告信号,在在这里投资之前,你应该注意这些信号。
We will like TKD Science and TechnologyLtd 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收购,我们会更喜欢TKD Science and TechnologyLtd。在我们等待的同时,请查看这份免费清单,列出了最近有大量内幕收购的成长型公司。
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。