Optimism for Bomin Electronics (SHSE:603936) Has Grown This Past Week, Despite Five-year Decline in Earnings
Optimism for Bomin Electronics (SHSE:603936) Has Grown This Past Week, Despite Five-year Decline in Earnings
It hasn't been the best quarter for Bomin Electronics Co., Ltd. (SHSE:603936) shareholders, since the share price has fallen 13% in that time. On the bright side the share price is up over the last half decade. However we are not very impressed because the share price is only up 37%, less than the market return of 44%.
這不是今年以來最好的一個季度博民電子有限公司。(上海證券交易所:603936)股東,因為在此期間股價下跌了13%.從好的方面來看,該公司股價在過去五年裡有所上漲。然而,我們並不是很印象深刻,因為股價只上漲了37%,低於44%的市場回報率。
Since the stock has added CN¥498m to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.
由於該股僅在過去一週就增加了4.98億元人民幣的市值,讓我們來看看潛在表現是否一直在推動長期回報。
Check out our latest analysis for Bomin Electronics
查看我們對博民電子的最新分析
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。
Bomin Electronics' earnings per share are down 22% per year, despite strong share price performance over five years.
博民電子的每股收益每年下降22%,儘管過去五年股價表現強勁。
This means it's unlikely the market is judging the company based on earnings growth. Because earnings per share don't seem to match up with the share price, we'll take a look at other metrics instead.
這意味著市場不太可能根據盈利增長來評判該公司。由於每股收益似乎與股價不匹配,我們將轉而看看其他指標。
We doubt the modest 0.2% dividend yield is attracting many buyers to the stock. In contrast revenue growth of 10% per year is probably viewed as evidence that Bomin Electronics is growing, a real positive. It's quite possible that management are prioritizing revenue growth over EPS growth at the moment.
我們懷疑0.2%的適度股息收益率是否吸引了許多買家買入該股。相比之下,每年10%的收入增長可能被視為博民電子正在增長的證據,這是一個真正的積極因素。目前,管理層很有可能將收入增長置於每股收益增長之上。
You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).
您可以在下圖中看到收益和收入隨時間的變化(單擊圖表查看確切的值)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231101/0-00a7078497bc634f580d0fd244e66e9f-0-43bcaa0d9209bf6fa12c88d257bbfc99.png/big)
You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.
你可以看到它的資產負債表是如何隨著時間的推移而加強(或削弱)的免費互動式圖形。
What About Dividends?
那股息呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). 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 Bomin Electronics the TSR over the last 5 years was 40%, which is better than the share price return mentioned above. 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)。雖然股價回報只反映股價的變動,但TSR包括股息的價值(假設股息再投資),以及任何折價集資或分拆所帶來的利益。可以說,TSR更全面地描繪了一隻股票產生的回報。我們注意到,博民電子過去5年的總回報率為40%,好於上述股價回報率。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
While the broader market gained around 0.7% in the last year, Bomin Electronics shareholders lost 14% (even including dividends). Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Longer term investors wouldn't be so upset, since they would have made 7%, 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 Bomin Electronics better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 2 warning signs for Bomin Electronics you should know about.
儘管去年大盤上漲了約0.7%,但博民電子的股東損失了14%(甚至包括股息)。即使是好股票的股價有時也會下跌,但我們希望在對企業產生太大興趣之前,看到企業的基本指標有所改善。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7%的收益。最近的拋售可能是一個機會,因此可能值得查看基本面數據,以尋找長期增長趨勢的跡象。跟蹤股價的長期表現總是很有趣的。但要更好地理解博民電子,我們還需要考慮許多其他因素。例如,考慮一下風險。每家公司都有它們,我們已經發現博民電子的2個警告標誌你應該知道。
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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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.