FAWER Automotive Parts Limited (SZSE:000030) Sheds CN¥464m, Company Earnings and Investor Returns Have Been Trending Downwards for Past Three Years
FAWER Automotive Parts Limited (SZSE:000030) Sheds CN¥464m, Company Earnings and Investor Returns Have Been Trending Downwards for Past Three Years
One of the frustrations of investing is when a stock goes down. But no-one can make money on every call, especially in a declining market. The FAWER Automotive Parts Limited Company (SZSE:000030) is down 27% over three years, but the total shareholder return is -15% once you include the dividend. That's better than the market which declined 25% over the last three years. Even worse, it's down 11% in about a month, which isn't fun at all. However, we note the price may have been impacted by the broader market, which is down 5.4% in the same time period.
投資的挫折之一是股票下跌。但是,沒有人能在每次通話中賺錢,尤其是在下跌的市場中。富奧汽車零部件有限公司(深圳證券交易所:000030)在三年內下跌了27%,但如果將股息計算在內,股東總回報率爲-15%。這比過去三年下跌25%的市場要好。更糟糕的是,它在大約一個月內下降了11%,這一點都不好玩。但是,我們注意到價格可能受到大盤的影響,同期下跌了5.4%。
Since FAWER Automotive Parts Limited has shed CN¥464m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.
由於富奧汽車零部件有限公司在過去7天內已從其市值下跌了4.64億元人民幣,讓我們看看長期下跌是否是由該業務的經濟推動的。
Check out our latest analysis for FAWER Automotive Parts Limited
查看我們對富奧汽車零部件有限公司的最新分析
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
用本傑明·格雷厄姆的話來說:從短期來看,市場是一臺投票機器,但從長遠來看,它是一臺稱重機。考慮市場對公司的看法發生了怎樣的變化的一種不完美但簡單的方法是將每股收益(EPS)的變化與股價走勢進行比較。
FAWER Automotive Parts Limited saw its EPS decline at a compound rate of 15% per year, over the last three years. In comparison the 10% 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.
在過去三年中,富奧汽車零部件有限公司的每股收益複合下降幅度爲每年15%。相比之下,10%的複合年股價下跌幅度沒有每股收益的下降那麼嚴重。這表明,儘管過去每股收益有所下降,但市場對長期收益穩定仍保持樂觀情緒。
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(隨着時間的推移)如下圖所示(點擊查看確切數字)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240119/0-0aec4fca79ae2dd53b37c918368a63ca-0-8fdc1afed0c36055ebed18d744d66bf6.png/big)
Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.
在買入或賣出股票之前,我們始終建議仔細研究歷史增長趨勢,可在此處查閱。
What About Dividends?
分紅呢?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. 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. We note that for FAWER Automotive Parts Limited the TSR over the last 3 years was -15%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return.
重要的是要考慮任何給定股票的股東總回報率和股價回報率。股東總回報率是一種回報計算方法,它考慮了現金分紅的價值(假設收到的任何股息都經過再投資)以及任何貼現資本籌集和分拆的計算價值。可以公平地說,股東總回報率爲支付股息的股票提供了更完整的畫面。我們注意到,富奧汽車零部件有限公司在過去3年的股東總回報率爲-15%,好於上述股價回報率。因此,該公司支付的股息提高了 總 股東回報。
A Different Perspective
不同的視角
We're pleased to report that FAWER Automotive Parts Limited shareholders have received a total shareholder return of 8.4% over one year. Of course, that includes the dividend. However, that falls short of the 9% TSR per annum it has made for shareholders, each year, over five years. 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 - FAWER Automotive Parts Limited has 2 warning signs (and 1 which doesn't sit too well with us) we think you should know about.
我們很高興地報告,富奧汽車零部件有限公司的股東在一年內獲得了 8.4% 的總股東回報率。當然,這包括股息。但是,這低於其在五年內每年爲股東創造的9%的股東總回報率。儘管市場狀況可能對股價產生的不同影響值得考慮,但還有其他因素更爲重要。例如,冒險吧——富奧汽車零部件有限公司有 2 個警告標誌(其中一個不太適合我們),我們認爲你應該知道。
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).
如果你想與管理層一起購買股票,那麼你可能會喜歡這份免費的公司名單。(提示:業內人士一直在購買它們)。
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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。