Shandong Publishing&MediaLtd (SHSE:601019) Jumps 18% This Week, Though Earnings Growth Is Still Tracking Behind Three-year Shareholder Returns
Shandong Publishing&MediaLtd (SHSE:601019) Jumps 18% This Week, Though Earnings Growth Is Still Tracking Behind Three-year Shareholder Returns
By buying an index fund, investors can approximate the average market return. But if you pick the right individual stocks, you could make more than that. Just take a look at Shandong Publishing&Media Co.,Ltd (SHSE:601019), which is up 71%, over three years, soundly beating the market decline of 26% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 59% in the last year , including dividends .
通過購買指數基金,投資者可以估算出平均市場回報率。但是,如果你選擇正確的個股,你的收入可能不止於此。看看山東出版傳媒有限公司。, Ltd(上海證券交易所代碼:601019)在三年內上漲了71%,大大超過了26%的市場跌幅(不包括股息)。但是,最近的回報並不那麼令人印象深刻,該股去年的回報率僅爲59%,包括股息。
Since it's been a strong week for Shandong Publishing&MediaLtd shareholders, let's have a look at trend of the longer term fundamentals.
由於對於山東出版和媒體TD股東來說,這是強勁的一週,讓我們來看看長期基本面的走勢。
Check out our latest analysis for Shandong Publishing&MediaLtd
查看我們對山東出版與媒體的最新分析
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 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.
在他的文章中 格雷厄姆和多茲維爾的超級投資者 禾倫·巴菲特描述了股價如何並不總是合理地反映企業的價值。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。
During three years of share price growth, Shandong Publishing&MediaLtd achieved compound earnings per share growth of 14% per year. This EPS growth is lower than the 20% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did three years ago. It is quite common to see investors become enamoured with a business, after a few years of solid progress.
在三年的股價增長中,山東出版傳媒實現了每年14%的複合每股收益增長。每股收益的增長低於股價年均增長20%。因此,可以公平地假設市場對該業務的看法比三年前更高。在經歷了幾年的穩步進展之後,投資者對企業着迷是很常見的。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下圖顯示了 EPS 在一段時間內的跟蹤情況(如果你點擊圖片,你可以看到更多細節)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240129/0-f6e2d072ba290d56b4d05a0440ae9431-0-690b61517c6405b76c353403ba6f08f6.png/big)
We know that Shandong Publishing&MediaLtd has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts.
我們知道山東出版與媒體有限公司最近提高了利潤,但它會增加收入嗎?您可以查看這份顯示分析師收入預測的免費報告。
What About Dividends?
分紅呢?
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. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Shandong Publishing&MediaLtd the TSR over the last 3 years was 100%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return.
除了衡量股價回報率外,投資者還應考慮股東總回報率(TSR)。基於股息再投資的假設,股東總回報率納入了任何分拆或貼現資本籌集的價值以及任何股息。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,對於山東出版傳媒而言,過去三年的股東總回報率爲100%,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
It's nice to see that Shandong Publishing&MediaLtd shareholders have received a total shareholder return of 59% over the last year. That's including the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 9% per year), it would seem that the stock's performance has improved in recent times. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. It's always interesting to track share price performance over the longer term. But to understand Shandong Publishing&MediaLtd better, we need to consider many other factors. To that end, you should be aware of the 1 warning sign we've spotted with Shandong Publishing&MediaLtd .
很高興看到山東出版傳媒有限公司的股東在過去一年中獲得了59%的總股東回報率。這包括股息。由於一年期股東總回報率好於五年期股東總回報率(後者爲每年9%),因此該股的表現似乎在最近有所改善。鑑於股價勢頭仍然強勁,可能值得仔細研究該股,以免錯過機會。長期跟蹤股價表現總是很有意思的。但是,要更好地了解山東出版與媒體有限公司,我們需要考慮許多其他因素。爲此,你應該注意我們在山東出版與媒體有限公司發現的1個警告信號。
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
對於那些喜歡尋找中獎投資的人來說,這份最近有內幕收購的成長型公司的免費名單可能只是門票。
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。