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Investors Who Have Held Gansu Shangfeng CementLtd (SZSE:000672) Over the Last Three Years Have Watched Its Earnings Decline Along With Their Investment

Investors Who Have Held Gansu Shangfeng CementLtd (SZSE:000672) Over the Last Three Years Have Watched Its Earnings Decline Along With Their Investment

在过去三年持有甘肃省尚峰水泥股份有限公司(SZSE:000672)的投资者们看到其收益下降,他们的投资也随之下降。
Simply Wall St ·  10/05 09:01

Gansu Shangfeng Cement Co.,Ltd (SZSE:000672) shareholders should be happy to see the share price up 28% in the last quarter. But that cannot eclipse the less-than-impressive returns over the last three years. After all, the share price is down 50% in the last three years, significantly under-performing the market.

甘肃上峰水泥股份有限公司(SZSE:000672)的股东应该会对最近一个季度股价上涨28%感到高兴。 但这并不能掩盖过去三年收益不佳的事实。 毕竟,在过去三年中,股价下跌了50%,远远低于市场表现。

On a more encouraging note the company has added CN¥679m to its market cap in just the last 7 days, so let's see if we can determine what's driven the three-year loss for shareholders.

更令人鼓舞的是,公司在过去7天内市值增加了67900万人民币,让我们看看是什么推动了股东三年亏损。

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, Gansu Shangfeng CementLtd's earnings per share (EPS) dropped by 43% each year. In comparison the 21% 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.

在股价下跌的三年中,甘肃上峰水泥股份有限公司的每股收益(EPS)每年下降43%。 相比之下,21%的年复合股价下跌并不像EPS的下降那么糟糕。 这表明市场对长期盈利稳定仍然保持一定乐观态度,尽管过去EPS有所下降。

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)。

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SZSE:000672 Earnings Per Share Growth October 5th 2024
2024年10月5日,每股收益增长

It might be well worthwhile taking a look at our free report on Gansu Shangfeng CementLtd's earnings, revenue and cash flow.

不妨查看我们关于甘肃上峰水泥有关收益、营业收入和现金流的免费报告。

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. We note that for Gansu Shangfeng CementLtd the TSR over the last 3 years was -42%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return.

考虑任何一只股票时,重要的是考虑总股东回报以及股价回报。股价回报仅反映股价的变化,而TSR包括股息的价值(假设它们被再投资)以及任何折价的融资或分拆的利益。可以说,TSR提供了一种更全面的股票回报图景。我们注意到,对于甘肃上峰水泥,过去3年的TSR为-42%,优于上述提到的股价回报。公司支付的股息因此提升了总股东回报。

A Different Perspective

不同的观点

While the broader market gained around 3.3% in the last year, Gansu Shangfeng CementLtd shareholders lost 8.5% (even including dividends). However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 5% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. It's always interesting to track share price performance over the longer term. But to understand Gansu Shangfeng CementLtd better, we need to consider many other factors. Even so, be aware that Gansu Shangfeng CementLtd is showing 3 warning signs in our investment analysis , you should know about...

尽管过去一年更广泛的市场增长约为3.3%,但甘肃上峰水泥的股东亏损了8.5%(甚至包括股息)。但要记住,即使是最好的股票有时也会在十二个月的时间内表现不佳。遗憾的是,去年的表现是一个糟糕的走势,股东在过去5年中每年总计亏损5%。一般来说,长期股价下跌可能是一个不好的迹象,尽管逆向投资者可能希望研究该股票以期实现逆转。跟踪长期的股价表现总是很有趣。但要更好地了解甘肃上峰水泥,我们需要考虑许多其他因素。即使如此,需要注意甘肃上峰水泥在我们的投资分析中显示了3个警告信号,你应该知道……

Of course Gansu Shangfeng CementLtd may not be the best stock to buy. So you may wish to see this free collection of growth stocks.

当然,甘肃上峰水泥股份有限公司可能不是最佳的股票买入选择。因此,您可能希望查看这些免费的成长股票收藏。

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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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。

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