Qingdao Huicheng Environmental Technology Group's (SZSE:300779) Three-year Total Shareholder Returns Outpace the Underlying Earnings Growth
Qingdao Huicheng Environmental Technology Group's (SZSE:300779) Three-year Total Shareholder Returns Outpace the Underlying Earnings Growth
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But if you buy shares in a really great company, you can more than double your money. For example, the Qingdao Huicheng Environmental Technology Group Co., Ltd. (SZSE:300779) share price has soared 223% in the last three years. Most would be happy with that. In the last week shares have slid back 4.8%.
购买一家公司的股票后(假设没有杠杆),最糟糕的结果就是你失去了所有投入的钱。但如果你购买了一家真正伟大的公司的股票,你的钱可能会增加一倍以上。例如,青岛惠城环保科技股份有限公司(SZSE:300779)的股价在过去三年中飙升223%。大多数人会为此感到高兴。在过去一周,股票下跌了4.8%。
Since the long term performance has been good but there's been a recent pullback of 4.8%, let's check if the fundamentals match the share price.
由于长期表现良好,但最近回调了4.8%,让我们检查一下基本面是否与股票价格相匹配。
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
为了概述本杰明·格雷厄姆(Benjamin Graham)的话:短期内,市场是一台投票机,但长期来看,它是一台衡重机。思考一家公司的市场感知如何转变的一种不完美但简单的方法是将每股收益(EPS)变化与股价变动进行比较。
During three years of share price growth, Qingdao Huicheng Environmental Technology Group achieved compound earnings per share growth of 43% per year. We note that the 48% yearly (average) share price gain isn't too far from the EPS growth rate. Coincidence? Probably not. That suggests that the market sentiment around the company hasn't changed much over that time. Au contraire, the share price change has arguably mimicked the EPS growth.
在三年的股票价格上涨期间,青岛惠城环保科技实现了每年43%的复合每股收益增长。我们注意到,每年平均48%的股票涨幅距离每股收益增长率并不远。巧合吗?可能不是。这表明公司的市场情绪在那段时间基本没有改变。反之,股价变动可能与每股收益增长相似。
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/7781/20240811/0-734864cae2ed3a29b5d2b40de5b5a045-0-3b5ddcdddb873dfaf86db1c3e82d32f3.png/big)
We know that Qingdao Huicheng Environmental Technology Group has improved its bottom line over the last three years, but what does the future have in store? You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.
我们知道,青岛惠城环保科技在过去三年中改善了其底线,但未来会发生什么呢?您可以在此免费的交互式图表中查看其资产负债表随着时间的推移而变得更加强有力(或变弱)。
A Different Perspective
不同的观点
It's good to see that Qingdao Huicheng Environmental Technology Group has rewarded shareholders with a total shareholder return of 16% in the last twelve months. Of course, that includes the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 11% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. 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. Like risks, for instance. Every company has them, and we've spotted 4 warning signs for Qingdao Huicheng Environmental Technology Group (of which 2 make us uncomfortable!) you should know about.
很高兴看到青岛惠城环保科技在过去十二个月里以16%的总股东回报奖励股东。当然,其中也包括股息。由于一年的TSR优于五年的TSR(后者年均为11%),因此股票的表现似乎在最近有所改善。在最好的情况下,这可能暗示着一些真正的业务动力,这意味着现在深入挖掘的时间可能很好。尽管考虑市场条件可能对股价产生的不同影响是值得的,但还有其他更为重要的因素。像风险一样。每个公司都有,我们发现了青岛惠城环保科技的4个警告标志(其中有2个让我们感到不舒服!)你应该了解。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.
当然,您可能在其他地方找到一家出色的企业进行投资。因此,请查看我们预计将实现盈利增长的公司的免费列表。
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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