JCHX Mining ManagementLtd (SHSE:603979) Shareholders Have Earned a 38% CAGR Over the Last Five Years
JCHX Mining ManagementLtd (SHSE:603979) Shareholders Have Earned a 38% CAGR Over the Last Five Years
We think all investors should try to buy and hold high quality multi-year winners. While the best companies are hard to find, but they can generate massive returns over long periods. For example, the JCHX Mining Management Co.,Ltd. (SHSE:603979) share price is up a whopping 389% in the last half decade, a handsome return for long term holders. If that doesn't get you thinking about long term investing, we don't know what will. It's also good to see the share price up 16% over the last quarter.
我们认为,所有投资者都应该尝试买入并持有高质量的多年期赢家。虽然很难找到最好的公司,但它们可以在很长一段时间内产生丰厚的回报。例如,JCHX 矿业管理有限公司, Ltd.(上海证券交易所代码:603979)的股价在过去五年中上涨了389%,对于长期持有者来说,这是一个可观的回报。如果这不能让你考虑长期投资,我们不知道会怎样。股价在上个季度上涨了16%也是件好事。
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
让我们来看看长期的基本面,看看它们是否与股东的回报一致。
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. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
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。通过比较每股收益(EPS)和一段时间内的股价变化,我们可以了解投资者对公司的态度是如何随着时间的推移而变化的。
During five years of share price growth, JCHX Mining ManagementLtd achieved compound earnings per share (EPS) growth of 26% per year. This EPS growth is slower than the share price growth of 37% per year, over the same period. 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.
在五年的股价增长中,JCHX矿业管理有限公司实现了每年26%的复合每股收益(EPS)增长。每股收益的增长低于同期每年37%的股价增长。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。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
你可以在下面看到 EPS 是如何随着时间的推移而变化的(点击图片发现确切的值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240220/0-a1ada8c158ea7a38e4909f75f468ac10-0-4f335f8fa01141eefd2a1d864543de9f.png/big)
It is of course excellent to see how JCHX Mining ManagementLtd has grown profits over the years, but the future is more important for shareholders. If you are thinking of buying or selling JCHX Mining ManagementLtd stock, you should check out this FREE detailed report on its balance sheet.
看到JCHX Mining ManagementLtd多年来如何实现利润增长当然是件好事,但未来对股东来说更为重要。如果你想买入或卖出JCHX Mining ManagementLtd的股票,你应该在资产负债表上查看这份免费的详细报告。
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 JCHX Mining ManagementLtd, it has a TSR of 404% 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)。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。可以说,股东总回报率更全面地描述了股票产生的回报。就JCHX矿业管理有限公司而言,其在过去5年的股东总回报率为404%。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're pleased to report that JCHX Mining ManagementLtd shareholders have received a total shareholder return of 37% over one year. And that does include the dividend. However, that falls short of the 38% TSR per annum it has made for shareholders, each year, over five years. 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. Case in point: We've spotted 1 warning sign for JCHX Mining ManagementLtd you should be aware of.
我们很高兴地向大家报告,JCHX矿业管理有限公司的股东在一年内获得了37%的总股东回报率。这确实包括股息。但是,这低于其在五年内每年为股东创造的38%的股东总回报率。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。一个很好的例子:我们发现了你应该注意的JCHX Mining ManagementLtd的1个警告信号。
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
如果你像我一样,那么你不会想错过这份业内人士正在收购的成长型公司的免费名单。
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。