China Pacific Insurance (Group)'s (SHSE:601601) Earnings Have Declined Over Three Years, Contributing to Shareholders 25% Loss
China Pacific Insurance (Group)'s (SHSE:601601) Earnings Have Declined Over Three Years, Contributing to Shareholders 25% Loss
China Pacific Insurance (Group) Co., Ltd. (SHSE:601601) shareholders should be happy to see the share price up 14% in the last month. It's not great that the stock is down over the last three years. But on the bright side, its return of -34%, is better than the market, which is down 28%.
中国太平洋保险(集团)股份有限公司(SHSE: 601601)的股东应该很高兴看到上个月股价上涨了14%。该股在过去三年中下跌并不好。但好的一面是,其-34%的回报率好于下跌28%的市场。
While the stock has risen 8.6% in the past week but long term shareholders are still in the red, let's see what the fundamentals can tell us.
尽管该股在过去一周上涨了8.6%,但长期股东仍处于亏损状态,但让我们看看基本面能告诉我们什么。
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 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.
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...”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 the three years that the share price fell, China Pacific Insurance (Group)'s earnings per share (EPS) dropped by 12% each year. The 13% average annual share price decline is remarkably close to the EPS decline. So it seems like sentiment towards the stock hasn't changed all that much over time. It seems like the share price is reflecting the declining earnings per share.
在股价下跌的三年中,中国太平洋保险(集团)的每股收益(EPS)每年下降12%。年平均股价下跌13%,与每股收益的下降非常接近。因此,随着时间的推移,人们对该股的情绪似乎并没有太大变化。股价似乎反映了每股收益的下降。
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/7781/20240210/0-cb7802b8163592c87f57b060f8b6ccb0-0-70e6eeb6c8136ebc3013c8d4e9dc0e65.png/big)
This free interactive report on China Pacific Insurance (Group)'s earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
如果你想进一步调查该股,这份关于中国太平洋保险(集团)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?
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. 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. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, China Pacific Insurance (Group)'s TSR for the last 3 years was -25%, which exceeds the share price return mentioned earlier. 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。基于股息再投资的假设,股东总回报率纳入了任何分拆或贴现资本筹集的价值以及任何股息。可以公平地说,股东总回报率为支付股息的股票提供了更完整的画面。碰巧的是,中国太平洋保险(集团)过去3年的股东总回报率为-25%,超过了前面提到的股价回报率。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
It's nice to see that China Pacific Insurance (Group) shareholders have received a total shareholder return of 2.3% over the last year. Of course, that includes the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 0.6% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. It's always interesting to track share price performance over the longer term. But to understand China Pacific Insurance (Group) better, we need to consider many other factors. Case in point: We've spotted 3 warning signs for China Pacific Insurance (Group) you should be aware of.
很高兴看到中国太平洋保险(集团)的股东去年获得了 2.3% 的股东总回报率。当然,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率(后者为每年0.6%),因此该股的表现似乎在最近有所改善。在最好的情况下,这可能暗示着一些真正的业务势头,这意味着现在可能是深入研究的好时机。长期追踪股价表现总是很有意思的。但是,要更好地了解中国太平洋保险(集团),我们需要考虑许多其他因素。一个很好的例子:我们发现了中国太平洋保险(集团)的3个警告信号,你应该注意。
Of course China Pacific Insurance (Group) may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,中国太平洋保险(集团)可能不是最好的买入股票。因此,您可能希望看到这批免费的成长股。
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。