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Baoxiniao Holding's (SZSE:002154) Three-year Earnings Growth Trails the Respectable Shareholder Returns

Baoxiniao Holding's (SZSE:002154) Three-year Earnings Growth Trails the Respectable Shareholder Returns

宝鸟控股 (SZSE: 002154) 的三年收益增长落后于可观的股东回报
Simply Wall St ·  04/02 20:06

By buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with prowess, you can make superior returns. For example, Baoxiniao Holding Co., Ltd. (SZSE:002154) shareholders have seen the share price rise 63% over three years, well in excess of the market decline (19%, not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 23% , including dividends .

通过购买指数基金,您可以轻松地大致匹配市场回报。但是,如果你选择有实力的个股,你可以获得丰厚的回报。例如,报喜鸟控股有限公司(深圳证券交易所:002154)股东的股价在三年内上涨了63%,远远超过了市场的跌幅(19%,不包括股息)。另一方面,最近的回报并不那么好,股东仅增长了23%,包括股息。

Since it's been a strong week for Baoxiniao Holding shareholders, let's have a look at trend of the longer term fundamentals.

由于对宝鸟控股股东来说,这是强劲的一周,让我们来看看长期基本面的走势。

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 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).

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。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。

Baoxiniao Holding was able to grow its EPS at 22% per year over three years, sending the share price higher. The average annual share price increase of 18% is actually lower than the EPS growth. So it seems investors have become more cautious about the company, over time.

宝鸟控股得以在三年内以每年22%的速度增长每股收益,这推动了股价的上涨。18%的年平均股价涨幅实际上低于每股收益的增长。因此,随着时间的推移,投资者似乎对该公司变得更加谨慎了。

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
SZSE:002154 Earnings Per Share Growth April 3rd 2024
SZSE: 002154 每股收益增长 2024 年 4 月 3 日

We know that Baoxiniao Holding has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained.

我们知道宝鸟控股最近提高了利润,但它会增加收入吗?这份显示分析师收入预测的免费报告应帮助您弄清楚每股收益的增长是否可以持续。

What About The Total Shareholder Return (TSR)?

那么股东总回报(TSR)呢?

Investors should note that there's a difference between Baoxiniao Holding's total shareholder return (TSR) and its share price change, which we've covered above. 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. Dividends have been really beneficial for Baoxiniao Holding shareholders, and that cash payout contributed to why its TSR of 98%, over the last 3 years, is better than the share price return.

投资者应注意,宝鸟控股的总股东回报率(TSR)与其股价变动之间存在差异,我们在上面已经介绍了这一点。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。分红确实为宝喜鸟控股的股东带来了好处,而这种现金支付是其在过去3年中98%的股东总回报率好于股价回报率的原因。

A Different Perspective

不同的视角

We're pleased to report that Baoxiniao Holding shareholders have received a total shareholder return of 23% over one year. That's better than the annualised return of 13% over half a decade, implying that the company is doing better recently. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. 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. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Baoxiniao Holding you should know about.

我们很高兴地向大家报告,宝鸟控股股东在一年内获得了 23% 的总股东回报率。这比五年来13%的年化回报率要好,这意味着该公司最近的表现更好。鉴于股价势头仍然强劲,可能值得仔细研究该股,以免错过机会。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,考虑风险。每家公司都有它们,我们发现了一个你应该知道的报喜鸟控股的警告标志。

Of course Baoxiniao Holding may not be the best stock to buy. So you may wish to see this free collection of growth stocks.

当然,宝鸟控股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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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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。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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