If EPS Growth Is Important To You, Gongniu GroupLtd (SHSE:603195) Presents An Opportunity
If EPS Growth Is Important To You, Gongniu GroupLtd (SHSE:603195) Presents An Opportunity
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.
许多投资者，尤其是那些缺乏经验的投资者，通常会购买那些有好故事的公司的股票，即使这些公司亏损。但正如彼得·林奇所说的那样。如果高风险和高回报的投资理念不适合您，您可能更感兴趣的是盈利增长的公司，例如美国石油吸附剂公司（NYSE:ODC）。盈利并不是投资时唯一需要考虑的指标，但值得认识到可以持续产生盈利的企业。“大开多很少赚钱。” 亏损公司总是在与时间赛跑，以达到财务可持续性，因此这些公司的投资者可能承担了比他们应该承担的更多的风险。
So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like Gongniu GroupLtd (SHSE:603195). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide Gongniu GroupLtd with the means to add long-term value to shareholders.
如果您认为高风险高回报的理念不合适，那么您可能更感兴趣的是像功牛集团股份有限公司（SHSE: 603195）这样的具有盈利能力和成长的公司。即使这家公司被市场正确估值，投资者也会认为，持续产生稳定的利润将继续为功牛集团提供为股东增加长期价值的手段。
Gongniu GroupLtd's Earnings Per Share Are Growing
功牛集团股份有限公司的每股收益正在增长
The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. Over the last three years, Gongniu GroupLtd has grown EPS by 14% per year. That's a pretty good rate, if the company can sustain it.
市场在短期内像是一个投票机，但在长期内则更像一个衡量机，因此您可以预期股价最终会跟随每股收益（EPS）的情况而有所变化。因此，有许多投资者喜欢购买EPS增长的公司股票。在过去的三年里，功牛集团股份有限公司的每股收益年均增长14％，如果该公司能维持这样的增长率，那将是一个相当不错的速度。
Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. The good news is that Gongniu GroupLtd is growing revenues, and EBIT margins improved by 3.4 percentage points to 27%, over the last year. Both of which are great metrics to check off for potential growth.
谨慎考虑营业收入增长和息税前利润率（EBIT）可以帮助判断该公司最近利润增长的可持续性。好消息是，功牛集团股份有限公司的收入增长，而息税前利润率（EBIT）在过去一年中提高了3.4个百分点，达到27％。这两个指标对于潜在增长的检查都非常好。
In the chart below, you can see how the company has grown earnings and revenue, over time. To see the actual numbers, click on the chart.
在下面的图表中，您可以看到公司的盈利和营业收入随时间的增长情况。要查看实际数字，请单击图表。
The trick, as an investor, is to find companies that are going to perform well in the future, not just in the past. While crystal balls don't exist, you can check our visualization of consensus analyst forecasts for Gongniu GroupLtd's future EPS 100% free.
作为投资者，诀窍是找到那些将要应该表现得好，而不仅仅是过去的表现。虽然没有水晶球，但您可以查看我们对功牛集团股份有限公司未来每股收益共识分析师预测的可视化，完全免费。
Are Gongniu GroupLtd Insiders Aligned With All Shareholders?
功牛集团股份有限公司的内部人士是否与所有股东保持一致？
Owing to the size of Gongniu GroupLtd, we wouldn't expect insiders to hold a significant proportion of the company. But we are reassured by the fact they have invested in the company. Notably, they have an enviable stake in the company, worth CN¥31b. This totals to 30% of shares in the company. Enough to lead management's decision making process down a path that brings the most benefit to shareholders. Looking very optimistic for investors.
鉴于功牛集团股份有限公司的规模，我们不期望内部人士持有公司的大部分股份。但我们对他们已经投资该公司感到放心。值得注意的是，他们在公司中拥有一份令人羡慕的股份，价值310亿人民币。这总共占该公司股份的30％，足以引领管理层决策过程，使股东获得最大的收益。对于投资者来说非常乐观。
Is Gongniu GroupLtd Worth Keeping An Eye On?
功牛集团股份有限公司是否值得观察？
One positive for Gongniu GroupLtd is that it is growing EPS. That's nice to see. For those who are looking for a little more than this, the high level of insider ownership enhances our enthusiasm for this growth. The combination definitely favoured by investors so consider keeping the company on a watchlist. It is worth noting though that we have found 1 warning sign for Gongniu GroupLtd that you need to take into consideration.
功牛集团股份有限公司的一个好消息是它的EPS正在增长。这很好。对于那些想要更多的人来说，高比例的内部人士持股量增强了我们对该公司的热情。这个组合绝对受到投资者的青睐，因此请考虑将该公司加入自选股列表。值得注意的是，我们已经发现了1个警告标志，需要加以考虑。
Although Gongniu GroupLtd certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of Chinese companies that not only boast of strong growth but have strong insider backing.
尽管功牛集团股份有限公司看起来不错，但如果内部人士购买了更多股票，可能会吸引更多投资者。如果您希望看到更多内部人士持有公司股份，那么请查看这个经过精选的中国公司，它们不仅具有强劲增长，而且有强大的内部支持。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
请注意，本文讨论的内部交易是指在相关司法管辖区中报告的交易。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
对本文有反馈？关于内容有所顾虑？直接和我们联系。或者，发送电子邮件至editorial-team (at) simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论，只使用公正的方法论，我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议，也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意，我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有反馈？关于内容有所顾虑？直接和我们联系。或者发送电子邮件至editorial-team@simplywallst.com。