ShenZhen YUTO Packaging Technology (SZSE:002831) Shareholders Have Earned a 9.0% CAGR Over the Last Five Years
ShenZhen YUTO Packaging Technology (SZSE:002831) Shareholders Have Earned a 9.0% CAGR Over the Last Five Years
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And the truth is, you can make significant gains if you buy good quality businesses at the right price. To wit, the ShenZhen YUTO Packaging Technology share price has climbed 42% in five years, easily topping the market return of 9.9% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 12% in the last year, including dividends.
一般而言,积极选股的目的是寻找提供高于市场平均回报率的企业。事实是,如果您在适当的价格上购买优质企业,您可以获得可观的收益。例如,裕同科技的股价在五年内上涨了42%,远超市场收益率9.9%(不包括股息)。然而,近期的回报率并不那么令人印象深刻,该股在包括股息在内的上一年仅回报12%。
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
那么,让我们调查一下并查看公司的长期表现是否符合基本业务的进展。
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. 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).
尽管市场是一个强大的价格机制,但股票价格反映的不仅是潜在业务绩效,还反映了投资者的情绪。 了解市场情绪随时间的变化的一种方法是查看公司的股价与每股收益(EPS)之间的互动。
Over half a decade, ShenZhen YUTO Packaging Technology managed to grow its earnings per share at 8.0% a year. So the EPS growth rate is rather close to the annualized share price gain of 7% per year. This indicates that investor sentiment towards the company has not changed a great deal. In fact, the share price seems to largely reflect the EPS growth.
在五年的时间里,裕同科技每股收益以年均8.0%的速度增长。因此,一年内股价升幅7%的年化增长率与EPS增长率相当接近。这表明投资者对公司的情绪并没有发生太大变化。实际上,股价似乎在很大程度上反映了EPS增长。
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
下图显示了EPS随时间变化的情况(点击图像以显示确切值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240610/0-99092c1ccb8adb457c27b7c6fa30ed5d-0-3b416cda4f65569b1ca7fd9ab807dd70.png/big)
This free interactive report on ShenZhen YUTO Packaging Technology's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
如果您想进一步调查这支股票,那么裕同科技的收益、营业收入和现金流免费互动报告是一个很好的起点。
What About Dividends?
那么分红怎么样呢?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of ShenZhen YUTO Packaging Technology, it has a TSR of 54% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!
任何给定股票的总股东回报率以及股价回报率都是重要考虑因素。股价回报率仅反映股价变化,而TSR包括股息价值(假设在再投资情况下)以及任何折价增资或剥离的利益。可以说,TSR给出了股票生成的回报更全面的图片。对于裕同科技,它过去5年的TSR为54%,这超过了先前提到的股价回报。这主要是由于其股息支出所致!
A Different Perspective
不同的观点
We're pleased to report that ShenZhen YUTO Packaging Technology shareholders have received a total shareholder return of 12% over one year. That's including the dividend. That gain is better than the annual TSR over five years, which is 9%. Therefore it seems like sentiment around the company has been positive lately. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. 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. Take risks, for example - ShenZhen YUTO Packaging Technology has 1 warning sign we think you should be aware of.
我们很高兴地报告,裕同科技股东在一年内获得了12%的总股东回报,包括股息在内。这个增长比五年的TSR(9%)要好。因此,最近的情绪似乎对该公司有利。一个持乐观态度的人可以把TSR的最近改善看作是公司本身随着时间的推移变得更好的迹象。我认为长期来看股价是业务表现的一种代理。但是,为了真正获得洞察力,我们还需要考虑其他信息。例如,承担风险 - 裕同科技有一个预警标志,我们认为您需要了解。
Of course ShenZhen YUTO Packaging Technology may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,裕同科技可能不是最好的买入股票。因此,您可能希望查看这些增长型股票的免费收藏。
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上市的股票的市场加权平均回报。
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