Inner Mongolia Yuan Xing Energy's (SZSE:000683) Investors Will Be Pleased With Their Impressive 216% Return Over the Last Three Years
Inner Mongolia Yuan Xing Energy's (SZSE:000683) Investors Will Be Pleased With Their Impressive 216% Return Over the Last Three Years
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 Inner Mongolia Yuan Xing Energy Company Limited (SZSE:000683) share price has soared 206% in the last three years. That sort of return is as solid as granite. The last week saw the share price soften some 2.7%.
最糟糕的結果是,在購買了一家公司的股票後(假設沒有槓桿),你投入的所有資金都會虧損。但如果你購買一家真正偉大的公司的股票,你可以更多也不願讓你的錢翻倍。例如,內蒙古元興能源有限公司(SZSE:000683)股價在過去三年裡飆升了206%。這種回報是堅如磐石的。上週,該公司股價下跌了約2.7%。
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
因此,讓我們來調查一下,看看該公司的長期表現是否與基礎業務的發展一致。
View our latest analysis for Inner Mongolia Yuan Xing Energy
查看我們對內蒙古元興能源的最新分析
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. 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.
雖然有效市場假說繼續被一些人傳授,但事實證明,市場是過度反應的動態系統,投資者並不總是理性的。評估圍繞一家公司的情緒變化的一個有缺陷但合理的方法是將每股收益(EPS)與股價進行比較。
During three years of share price growth, Inner Mongolia Yuan Xing Energy achieved compound earnings per share growth of 159% per year. This EPS growth is higher than the 45% average annual increase in the share price. Therefore, it seems the market has moderated its expectations for growth, somewhat. This cautious sentiment is reflected in its (fairly low) P/E ratio of 11.88.
在三年的股價增長中,內蒙古元興能源實現了每股收益年均159%的復合增長。這一EPS增幅高於該公司股價年均45%的增幅。因此,市場似乎在一定程度上降低了對增長的預期。這種謹慎的情緒反映在其11.88的(相當低的)本益比上。
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
該公司的每股收益(在一段時間內)如下圖所示(點擊查看具體數位)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231015/0-d297ea1e727358389d7696d354d51b5b-0-0a4e2cf93c7741bd0541ed66b9097e75.png/big)
We know that Inner Mongolia Yuan Xing Energy has improved its bottom line over the last three years, but what does the future have in store? It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
我們知道,內蒙古元興能源在過去三年裡提高了利潤,但未來會是什麼樣子?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?
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. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Inner Mongolia Yuan Xing Energy's TSR for the last 3 years was 216%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return.
除了衡量股價回報外,投資者還應考慮總股東回報(TSR)。TSR包括任何剝離或貼現融資的價值,以及任何股息,基於股息再投資的假設。可以說,TSR更全面地描繪了一隻股票產生的回報。碰巧的是,內蒙古遠興能源最近3年的TSR為216%,超過了前面提到的股價回報。該公司支付的股息因此提振了總計股東回報。
A Different Perspective
不同的視角
We regret to report that Inner Mongolia Yuan Xing Energy shareholders are down 7.0% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 3.2%. Having said that, it's inevitable that some stocks will be oversold in a falling market. The key is to keep your eyes on the fundamental developments. Longer term investors wouldn't be so upset, since they would have made 24%, 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. Take risks, for example - Inner Mongolia Yuan Xing Energy has 3 warning signs (and 1 which can't be ignored) we think you should know about.
我們遺憾地報告,內蒙古元興能源股東全年下跌7.0%(即使包括股息)。不幸的是,這比大盤3.2%的跌幅還要糟糕。話雖如此,在下跌的市場中,一些股票不可避免地會被超賣。關鍵是要密切關注基本面的發展。較長期的投資者不會如此沮喪,因為他們在五年內每年會獲得24%的收益。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。以風險為例-內蒙古元興能源3個警示標誌(還有一個不容忽視)我們認為你應該知道這一點。
Of course Inner Mongolia Yuan Xing Energy may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
當然了內蒙古遠興能源可能不是最值得買入的股票那就是。所以你可能想看看這個免費成長型股票的集合。
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。
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.
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.