Shenzhen Sinexcel ElectricLtd (SZSE:300693) Sheds 4.9% This Week, as Yearly Returns Fall More in Line With Earnings Growth
Shenzhen Sinexcel ElectricLtd (SZSE:300693) Sheds 4.9% This Week, as Yearly Returns Fall More in Line With Earnings Growth
Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality companies can see their share prices grow by huge amounts. To wit, the Shenzhen Sinexcel Electric Co.,Ltd. (SZSE:300693) share price has soared 342% over five years. This just goes to show the value creation that some businesses can achieve. On top of that, the share price is up 17% in about a quarter. But this could be related to the strong market, which is up 27% in the last three months.
当您买入并持有真正优秀的企业时,长期投资可以改变生活。 而最优质的公司股价可能会大幅增长。例如,盛弘股份(SZSE:300693)的股价在五年内飙升了342%。 这只是显示了一些企业可以实现的价值创造。 除此之外,股价在大约一个季度内上涨了17%。 但这可能与强劲的市场有关,过去三个月上涨了27%。
Although Shenzhen Sinexcel ElectricLtd has shed CN¥382m from its market cap this week, let's take a look at its longer term fundamental trends and see if they've driven returns.
尽管盛弘股份 本周市值减少了38200万人民币,让我们来看看它的长期基本趋势,看看它们是否推动了回报。
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
在他的文章《格雷厄姆-多德斯维尔的超级投资人》中,沃伦·巴菲特描述了股票价格并不总是理性地反映公司价值的情况。一种有缺陷但合理的评估公司情绪如何变化的方法是将每股收益(EPS)与股票价格进行比较。
Over half a decade, Shenzhen Sinexcel ElectricLtd managed to grow its earnings per share at 55% a year. This EPS growth is higher than the 35% average annual increase in the share price. So one could conclude that the broader market has become more cautious towards the stock.
在半个多世纪的时间里,盛弘股份每股收益以每年55%的速度增长。 这种每股收益的增长率高于股价每年平均增长35%。 因此,人们可以得出结论,整个市场对这只股票的态度变得更加谨慎。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下图显示了EPS随时间的变化情况(如果您单击该图像,则可以查看更多详细信息)。

It is of course excellent to see how Shenzhen Sinexcel ElectricLtd has grown profits over the years, but the future is more important for shareholders. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
看到深圳市盛弘股份电气有限公司多年来利润增长是非常好的,但对股东来说,未来更重要。值得一提的是,看一下我们免费的报告,了解其财务状况如何随着时间的推移而变化。
What About Dividends?
关于分红派息的问题
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of Shenzhen Sinexcel ElectricLtd, it has a TSR of 355% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!
除了衡量股价回报外,投资者还应考虑总股东回报(TSR)。 TSR包括任何剥离或折价的资本增发价值,以及任何分红,基于分红再投资的假设。因此,对于支付丰厚股息的公司,TSR往往比股价回报高得多。就深圳市盛弘股份电气有限公司而言,过去5年其TSR为355%。这超过了我们先前提到的股价回报。这主要是其分红支付的结果!
A Different Perspective
另一种看法
Investors in Shenzhen Sinexcel ElectricLtd had a tough year, with a total loss of 15% (including dividends), against a market gain of about 6.8%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 35%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. It's always interesting to track share price performance over the longer term. But to understand Shenzhen Sinexcel ElectricLtd better, we need to consider many other factors. Case in point: We've spotted 2 warning signs for Shenzhen Sinexcel ElectricLtd you should be aware of, and 1 of them makes us a bit uncomfortable.
深圳市盛弘股份电气有限公司的投资者经历了艰难的一年,总损失为15%(包括分红),而市场收益约为6.8%。但要记住,即使是最好的股票有时也会在十二个月的时期内表现不佳。长期投资者不会那么沮丧,因为在过去五年里,他们每年赚取35%。 最近的抛售可能是一个机会,因此值得检查基本数据以寻找长期增长趋势的迹象。 跟踪股价表现长期来看总是很有趣。但要更好地了解深圳市盛弘股份电气有限公司,我们需要考虑许多其他因素。例如:我们发现了深圳市盛弘股份电气有限公司的2个警示信号,您应该注意其中1个让我们有点不舒服。
Of course Shenzhen Sinexcel ElectricLtd may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然盛弘股份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,本文中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。
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.
对这篇文章有反馈吗?对内容感到担忧吗?请直接与我们联系。或者,发送电子邮件至editorial-team @ simplywallst.com。
Simply Wall St的这篇文章是一般性质的。我们仅基于历史数据和分析师预测提供评论,使用公正的方法,我们的文章并非意在提供财务建议。这并不构成买入或卖出任何股票的建议,并且不考虑您的目标或财务状况。我们旨在为您带来基于基础数据驱动的长期聚焦分析。请注意,我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St对提及的任何股票都没有持仓。