Kingboard Laminates Holdings' (HKG:1888) Earnings Trajectory Could Turn Positive as the Stock Advances 7.4% This Past Week
Kingboard Laminates Holdings' (HKG:1888) Earnings Trajectory Could Turn Positive as the Stock Advances 7.4% This Past Week
Kingboard Laminates Holdings Limited (HKG:1888) shareholders will doubtless be very grateful to see the share price up 50% in the last quarter. But that doesn't change the fact that the returns over the last three years have been less than pleasing. After all, the share price is down 48% in the last three years, significantly under-performing the market.
金邦居士控股有限公司(HKG:1888)的股东们无疑会非常感激看到股价在上个季度上涨了50%。但事实仍然不容忽视,过去三年的回报率不尽如人意。毕竟,股价在过去三年中下跌了48%,明显表现不如市场。
Although the past week has been more reassuring for shareholders, they're still in the red over the last three years, so let's see if the underlying business has been responsible for the decline.
尽管过去一周对股东来说更令人放心,但在过去的三年中,他们仍然处于亏损状态,因此让我们看看基本业务是否对下降负责。
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. 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.
市场有时候是有效的,但价格并不总是反映公司的基本业务表现。通过比较每股收益和股价变化,我们可以了解投资者对公司的看法如何随着时间变化而变化。
During the three years that the share price fell, Kingboard Laminates Holdings' earnings per share (EPS) dropped by 32% each year. In comparison the 19% compound annual share price decline isn't as bad as the EPS drop-off. This suggests that the market retains some optimism around long term earnings stability, despite past EPS declines.
在股价下跌的三年期间,金邦居士控股的每股收益(EPS)每年下降32%。与之相比,19%的年复合股价下降并不像EPS的下降那样糟糕。这表明,尽管过去EPS下降,市场仍抱有一些关于长期盈利稳定性的乐观态度。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
下面可以看到每股收益随时间的变化情况(通过点击图像来查看确切数值)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240712/0-aa83bc256ca7d2ffb31e1cc62340ab63-0-e552a67c6e66c1f1cc99fbcbf70aa2ca.png/big)
It might be well worthwhile taking a look at our free report on Kingboard Laminates Holdings' earnings, revenue and cash flow.
我们有免费报告可供查看,内容包括金邦居士控股的收益,营业收入和现金流量情况,值得仔细研究。
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 Kingboard Laminates Holdings, it has a TSR of -37% for the last 3 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!
考虑到任何特定股票的总股东回报和股价回报都是非常重要的。股价回报仅反映了股价的变化,而TSR包括分红派息(假设它们被再投资)和任何折价资本筹集或剥离的收益。可以说,TSR给出了股票所产生的回报的更全面的图片。 在金邦居士控股的情况下,它在过去3年中的TSR为-37%,超过了我们之前提到的股价回报。这在很大程度上是由于其分红派息而导致的!
A Different Perspective
不同的观点
We're pleased to report that Kingboard Laminates Holdings shareholders have received a total shareholder return of 20% over one year. Of course, that includes the dividend. That gain is better than the annual TSR over five years, which is 18%. 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. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Case in point: We've spotted 1 warning sign for Kingboard Laminates Holdings you should be aware of.
我们很高兴地报告,金邦居士控股的股东在过去一年中获得了20%的总股东回报。当然,其中包括分红派息。这种增长比五年期的年股东回报率18%更好。因此,最近的股市情绪似乎对公司持积极态度。持乐观态度的人可能认为,最近的TSR改善表明业务本身随着时间的推移变得更好。 虽然考虑市场状况对股价的影响是很有价值的,但还有其他更重要的因素。一个例子是:我们已经发现了1个金邦居士控股的警告信号,您应该注意到。
If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying.
如果您像我一样,就不会希望错过这份免费的内部人士正在购买的低估小市值股票列表。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Hong Kong exchanges.
请注意,本文引用的市场回报反映了当前在香港证券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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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
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