As Haitian International Holdings (HKG:1882) Rallies 3.1% This Past Week, Investors May Now Be Noticing the Company's Three-year Earnings Growth
As Haitian International Holdings (HKG:1882) Rallies 3.1% This Past Week, Investors May Now Be Noticing the Company's Three-year Earnings Growth
Haitian International Holdings Limited (HKG:1882) shareholders should be happy to see the share price up 15% in the last month. If you look at the last three years, the stock price is down. But that's not so bad when you consider its market is down 29%.
海天國際控股有限公司(HKG: 1882)股東應該很高興看到上個月股價上漲了15%。如果你看看過去的三年,股價下跌了。但是,考慮到其市場下跌了29%,這還不錯。
The recent uptick of 3.1% could be a positive sign of things to come, so let's take a look at historical fundamentals.
最近3.1%的上漲可能是未來的積極信號,因此讓我們來看看歷史基本面。
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 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.
儘管一些人繼續教導高效市場假說,但事實證明,市場是反應過度的動態系統,投資者並不總是理性的。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 the unfortunate three years of share price decline, Haitian International Holdings actually saw its earnings per share (EPS) improve by 7.5% per year. This is quite a puzzle, and suggests there might be something temporarily buoying the share price. Or else the company was over-hyped in the past, and so its growth has disappointed.
在不幸的三年股價下跌中,海天國際控股的每股收益(EPS)實際上每年增長7.5%。這真是個難題,表明可能會有一些東西暫時提振股價。否則,該公司過去曾被過度炒作,因此其增長令人失望。
It's worth taking a look at other metrics, because the EPS growth doesn't seem to match with the falling share price.
值得一看其他指標,因爲每股收益的增長似乎與股價的下跌不符。
We note that, in three years, revenue has actually grown at a 3.5% annual rate, so that doesn't seem to be a reason to sell shares. It's probably worth investigating Haitian International Holdings further; while we may be missing something on this analysis, there might also be an opportunity.
我們注意到,在三年內,收入實際上以3.5%的年增長率增長,因此這似乎不是出售股票的理由。可能值得進一步調查海天國際控股公司;儘管我們在分析中可能遺漏了一些東西,但也可能有機會。
The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).
公司的收入和收益(隨着時間的推移)如下圖所示(點擊查看確切數字)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240223/0-555ef5ed15760913126636b3685d2a82-0-e2b3a7ca1b4a97cc8a64b8f8c3b5762d.png/big)
We like that insiders have been buying shares in the last twelve months. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. If you are thinking of buying or selling Haitian International Holdings stock, you should check out this free report showing analyst profit forecasts.
像我們一樣,內部人士在過去的十二個月中一直在購買股票。話雖如此,大多數人認爲收益和收入增長趨勢是更有意義的業務指南。如果您正在考慮買入或賣出海天國際控股的股票,則應查看這份顯示分析師利潤預測的免費報告。
What About Dividends?
分紅呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). 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 Haitian International Holdings the TSR over the last 3 years was -24%, 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)。儘管股價回報率僅反映股價的變化,但股東總回報率包括股息的價值(假設已進行再投資)以及任何折扣融資或分拆的收益。可以說,股東總回報率更全面地描述了股票產生的回報。我們注意到,對於海天國際控股而言,過去3年的股東總回報率爲-24%,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
While it's certainly disappointing to see that Haitian International Holdings shares lost 7.5% throughout the year, that wasn't as bad as the market loss of 10%. Of course, the long term returns are far more important and the good news is that over five years, the stock has returned 5% for each year. In the best case scenario the last year is just a temporary blip on the journey to a brighter future. Investors who like to make money usually check up on insider purchases, such as the price paid, and total amount bought. You can find out about the insider purchases of Haitian International Holdings by clicking this link.
儘管海天國際控股全年股價下跌7.5%確實令人失望,但這還沒有市場10%的跌幅那麼糟糕。當然,長期回報要重要得多,好消息是,在過去的五年中,該股每年的回報率爲5%。在最好的情況下,去年只是通往更光明未來之旅中的一個暫時階段。喜歡賺錢的投資者通常會查看內幕收購,例如支付的價格和購買的總金額。點擊此鏈接,您可以了解海天國際控股的內幕收購。
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
還有很多其他公司有內部人士購買股票。你可能不想錯過這份業內人士正在收購的成長型公司的免費名單。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Hong Kong exchanges.
請注意,本文引用的市場回報反映了目前在香港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。