Do-Fluoride New Materials (SZSE:002407) Stock Performs Better Than Its Underlying Earnings Growth Over Last Five Years
Do-Fluoride New Materials (SZSE:002407) Stock Performs Better Than Its Underlying Earnings Growth Over Last Five Years
It hasn't been the best quarter for Do-Fluoride New Materials Co., Ltd. (SZSE:002407) shareholders, since the share price has fallen 15% in that time. But that doesn't change the fact that shareholders have received really good returns over the last five years. In fact, the share price is 154% higher today. We think it's more important to dwell on the long term returns than the short term returns. Of course, that doesn't necessarily mean it's cheap now. While the long term returns are impressive, we do have some sympathy for those who bought more recently, given the 38% drop, in the last year.
這不是今年以來最好的一個季度多氟新材料有限公司。(SZSE:002407)股東,因為在此期間股價下跌了15%.但這並沒有改變這樣一個事實,即股東在過去五年裡獲得了非常好的回報。事實上,今天的股價上漲了154%。我們認為,關注長期回報比關注短期回報更重要。當然,這並不一定意味著它現在很便宜。雖然長期回報令人印象深刻,但考慮到去年下跌了38%,我們確實對最近買入的人表示了一些同情。
Since the stock has added CN¥777m to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.
由於僅在過去一週,該股市值就增加了7.77億元人民幣,讓我們看看潛在表現是否一直在推動長期回報。
View our latest analysis for Do-Fluoride New Materials
查看我們對含氟新材料的最新分析
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
不可否認,市場有時是有效的,但價格並不總是反映潛在的商業表現。考察市場情緒如何隨時間變化的一種方法是觀察一家公司的股價和每股收益(EPS)之間的相互作用。
During the last half decade, Do-Fluoride New Materials became profitable. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here.
在過去的五年裡,DO-氟化物新材料開始盈利。這種轉變可能是一個拐點,可以證明股價強勁上漲是合理的,就像我們在這裡看到的那樣。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
您可以在下面看到EPS是如何隨著時間的推移而變化的(通過單擊圖像來了解確切的值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231013/0-e5c14189f0200cdc2d74940134306fed-0-30149584b906816ae38bf99fe5e696e7.png/big)
It is of course excellent to see how Do-Fluoride New Materials 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.
當然,看到多年來氟化物新材料是如何增長利潤的,這是非常好的,但對股東來說,未來更重要。也許很值得一看我們的免費報告其財務狀況如何隨著時間的推移而發生變化。
What About Dividends?
那股息呢?
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. 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. In the case of Do-Fluoride New Materials, it has a TSR of 171% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence!
在考察投資回報時,重要的是要考慮到股東總回報(TSR)和股價回報。TSR是一種回報計算,計入了現金股息的價值(假設收到的任何股息都進行了再投資),以及任何貼現融資和剝離的計算價值。公平地說,TSR為支付股息的股票提供了更完整的圖景。在DO-氟化物新材料的情況下,它在過去5年的TSR為171%。這超過了我們之前提到的它的股價回報。而且,猜測股息支付在很大程度上解釋了這種差異是沒有好處的!
A Different Perspective
不同的視角
While the broader market lost about 0.6% in the twelve months, Do-Fluoride New Materials shareholders did even worse, losing 37% (even including dividends). However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. Longer term investors wouldn't be so upset, since they would have made 22%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. 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. For example, we've discovered 3 warning signs for Do-Fluoride New Materials that you should be aware of before investing here.
雖然大盤在過去12個月裡下跌了約0.6%,但去氟新材料的股東表現更差,損失了37%(甚至包括股息)。然而,這可能只是因為股價受到了更廣泛的市場緊張情緒的影響。也許有必要關注基本面,以防出現良機。較長期的投資者不會如此沮喪,因為他們在五年內每年的回報率將達到22%。如果基本面數據繼續顯示長期可持續增長,當前的拋售可能是一個值得考慮的機會。雖然值得考慮市場狀況對股價可能產生的不同影響,但還有其他更重要的因素。例如,我們發現DO-氟化物新材料的3個警示標誌在這裡投資之前你應該意識到這一點。
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
對於那些想要找到贏得投資這免費最近有內幕收購的不斷增長的公司名單可能就是合適的選擇。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Chinese exchanges.
請注意,本文引用的市場回報反映了目前在中國交易所交易的股票的市場加權平均回報。
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對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫.或者,也可以給編輯組發電子郵件,地址是暗示Wallst.com。
本文由Simply Wall St.撰寫,具有概括性.我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議.它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況.我們的目標是為您帶來由基本面數據驅動的長期重點分析.請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內.Simply Wall St.對上述任何一隻股票都沒有持倉.