Those Who Invested in Zhejiang Crystal-Optech (SZSE:002273) a Year Ago Are up 61%
Those Who Invested in Zhejiang Crystal-Optech (SZSE:002273) a Year Ago Are up 61%
The simplest way to invest in stocks is to buy exchange traded funds. But you can significantly boost your returns by picking above-average stocks. To wit, the Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) share price is 58% higher than it was a year ago, much better than the market decline of around 21% (not including dividends) in the same period. So that should have shareholders smiling. The longer term returns have not been as good, with the stock price only 21% higher than it was three years ago.
购买交易所交易基金是投资股票的最简单方法。但是,通过选择优秀的股票,你可以显著提高投资回报率。以浙江水晶光电股份有限公司(SZSE:002273)为例,其股价比一年前高出58%,远远好于同期市场下跌约21%(不包括分红派息)。这将让股东们欣喜。长期回报不如预期,股票价格仅比三年前高出21%。
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。
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' 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.
引用巴菲特的话:“船只将周游世界,而‘地平派’仍会兴旺。市场上的价格和价值仍会存在广泛的差距……”考虑一家公司在市场上的认知如何变化的一个不完美但简单的方法是比较每股收益(EPS)的变化和股价的波动。
Zhejiang Crystal-Optech was able to grow EPS by 64% in the last twelve months. This EPS growth is reasonably close to the 58% increase in the share price. That suggests that the market sentiment around the company hasn't changed much over that time. It makes intuitive sense that the share price and EPS would grow at similar rates.
浙江水晶光电在过去的12个月中,每股收益增长了64%。这种增长与股价上涨的58%相当接近。这表明市场对公司的情绪在这段时间内没有发生太大变化。股价和每股收益以相似的速度增长是符合直觉的。
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)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240903/0-150bdbda005e24a315bc5602f6d92169-0-409282b6b0fb877cbd5ce4f7d3574913.png/big)
We know that Zhejiang Crystal-Optech has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts.
我们知道浙江水晶光电最近改善了其底线,但它是否将会增长营业收入?您可以查看这份显示分析师营业收入预测的免费报告。
What About Dividends?
那么分红怎么样呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). 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. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Zhejiang Crystal-Optech's TSR for the last 1 year was 61%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return.
除了衡量股价回报率外,投资者还应考虑累计股东回报率(TSR)。TSR是一种回报率计算,考虑到现金分红的价值(假设任何收到的股息都是再投资的)以及任何优惠融资和剥离计算的价值。可以说,TSR为支付分红的股票提供了一个更完整的画面。恰巧,浙江水晶光电过去1年的TSR为61%,超过了前面提到的股价回报率。公司支付的股金红利因此提高了股东的总回报。
A Different Perspective
不同的观点
We're pleased to report that Zhejiang Crystal-Optech shareholders have received a total shareholder return of 61% over one year. That's including the dividend. That gain is better than the annual TSR over five years, which is 7%. Therefore it seems like sentiment around the company has been positive lately. 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. For example, we've discovered 3 warning signs for Zhejiang Crystal-Optech that you should be aware of before investing here.
我们很高兴地报告说,浙江水晶光电的股东在过去一年中获得了61%的总回报率。这包括股息。这个收益要优于过去五年的年度TSR,为7%。因此,最近对该公司的情绪似乎是积极的。鉴于股价动能仍然强劲,不容错过的机会,值得更仔细地研究股票。我发现长期以来股票的股价是业绩的代表。但为了真正获得洞见,我们还需要考虑其他信息。例如,我们发现了3个警告信号,您在投资这里之前应该注意。
We will like Zhejiang Crystal-Optech better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying.
如果我们看到一些大的内部买单,我们会更喜欢水晶光电。在等待的同时,查看这份免费的低价股列表(主要是小市值股票),有相当多近期的内部买入。
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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