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Top Energy CompanyShanxi's (SHSE:600780) 30% CAGR Outpaced the Company's Earnings Growth Over the Same Three-year Period

Top Energy CompanyShanxi's (SHSE:600780) 30% CAGR Outpaced the Company's Earnings Growth Over the Same Three-year Period

頂級能源公司山西(SHSE: 600780)30%的複合年增長率超過了該公司三年同期的收益增長
Simply Wall St ·  02/27 20:05

Top Energy Company Ltd.Shanxi (SHSE:600780) shareholders might understandably be very concerned that the share price has dropped 39% in the last quarter. But in three years the returns have been great. In fact, the share price is up a full 115% compared to three years ago. It's not uncommon to see a share price retrace a bit, after a big gain. The fundamental business performance will ultimately dictate whether the top is in, or if this is a stellar buying opportunity.

山西頂級能源有限公司(上海證券交易所股票代碼:600780)的股東可能會非常擔心上個季度股價下跌了39%,這是可以理解的。但是在三年內,回報率一直很高。實際上,與三年前相比,股價上漲了整整115%。股價在大幅上漲之後略有回調的情況並不少見。基本業務表現最終將決定高層是否進入市場,或者這是否是一個絕佳的買入機會。

Since it's been a strong week for Top Energy CompanyShanxi shareholders, let's have a look at trend of the longer term fundamentals.

由於對於頂級能源公司山西股東來說,這是強勁的一週,讓我們來看看長期基本面的走勢。

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 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.

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。評估公司情緒變化的一種有缺陷但合理的方法是將每股收益(EPS)與股價進行比較。

Top Energy CompanyShanxi was able to grow its EPS at 48% per year over three years, sending the share price higher. The average annual share price increase of 29% is actually lower than the EPS growth. 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 11.78.

頂級能源公司山西得以在三年內將其每股收益增長48%,從而推動股價上漲。29%的平均年股價漲幅實際上低於每股收益的增長。因此,市場似乎在某種程度上放緩了對增長的預期。這種謹慎的情緒反映在其(相當低的)市盈率11.78上。

You can see how EPS has 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 EPS 隨時間推移的變化(點擊圖表查看確切值)。

earnings-per-share-growth
SHSE:600780 Earnings Per Share Growth February 28th 2024
SHSE: 600780 每股收益增長 2024 年 2 月 28 日

This free interactive report on Top Energy CompanyShanxi's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.

如果你想進一步調查山西頂級能源公司的收益、收入和現金流,這份關於山西頂級能源公司的收益、收入和現金流的免費互動報告是一個很好的起點。

What About The Total Shareholder Return (TSR)?

那麼股東總回報(TSR)呢?

Investors should note that there's a difference between Top Energy CompanyShanxi's total shareholder return (TSR) and its share price change, which we've covered above. 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. Dividends have been really beneficial for Top Energy CompanyShanxi shareholders, and that cash payout contributed to why its TSR of 121%, over the last 3 years, is better than the share price return.

投資者應注意,頂級能源公司山西的股東總回報率(TSR)與其股價變動之間存在差異,我們在上面已經對此進行了介紹。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。分紅確實爲山西頂級能源公司的股東帶來了好處,而這種現金支付是其在過去3年中121%的股東總回報率好於股價回報率的原因。

A Different Perspective

不同的視角

While the broader market lost about 17% in the twelve months, Top Energy CompanyShanxi shareholders did even worse, losing 24%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 14% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. Is Top Energy CompanyShanxi cheap compared to other companies? These 3 valuation measures might help you decide.

儘管整個市場在十二個月中下跌了約17%,但頂級能源公司山西的股東表現更糟,跌幅爲24%。但是,可能只是股價受到了更廣泛的市場緊張情緒的影響。如果有很好的機會,可能值得關注基本面。好的一面是,長期股東賺了錢,在過去的五年中,每年增長14%。如果基本面數據繼續顯示長期可持續增長,那麼當前的拋售可能是一個值得考慮的機會。與其他公司相比,山西頂級能源公司便宜嗎?這3種估值指標可能會幫助您做出決定。

We will like Top Energy CompanyShanxi better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

如果我們看到一些重大的內幕收購,我們會更喜歡山西頂級能源公司。在我們等待的同時,請查看這份免費清單,列出了最近有大量內幕收購的成長型公司。

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。

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