Chengdu Xuguang Electronics (SHSE:600353) Jumps 7.9% This Week, Though Earnings Growth Is Still Tracking Behind Three-year Shareholder Returns
Chengdu Xuguang Electronics (SHSE:600353) Jumps 7.9% This Week, Though Earnings Growth Is Still Tracking Behind Three-year Shareholder Returns
It hasn't been the best quarter for Chengdu Xuguang Electronics Co., Ltd. (SHSE:600353) shareholders, since the share price has fallen 13% in that time. But don't let that distract from the very nice return generated over three years. To wit, the share price did better than an index fund, climbing 93% during that period.
對於成都旭光電子有限公司(SHSE: 600353)股東來說,這並不是最好的季度,因爲當時股價已經下跌了13%。但是,不要讓這分散人們對三年來產生的非常可觀的回報的注意力。換句話說,股價表現要好於指數基金,在此期間上漲了93%。
Since it's been a strong week for Chengdu Xuguang Electronics shareholders, let's have a look at trend of the longer term fundamentals.
由於對成都旭光電子股東來說,這是強勁的一週,讓我們來看看長期基本面的走勢。
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 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.
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。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。
During three years of share price growth, Chengdu Xuguang Electronics achieved compound earnings per share growth of 16% per year. In comparison, the 25% per year gain in the share price outpaces the EPS growth. This suggests that, as the business progressed over the last few years, it gained the confidence of market participants. It's not unusual to see the market 're-rate' a stock, after a few years of growth. This optimism is also reflected in the fairly generous P/E ratio of 59.19.
在三年的股價增長中,成都旭光電子實現了每年16%的複合每股收益增長。相比之下,股價每年25%的漲幅超過了每股收益的增長。這表明,隨着業務在過去幾年中的發展,它贏得了市場參與者的信心。在經歷了幾年的增長之後,市場 “重新評級” 股票的情況並不少見。這種樂觀情緒也反映在相當慷慨的市盈率59.19上。
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/7781/20240427/0-2fdca7980811dea06e8ba98f14dadb60-0-296c020ec3df59cce649defff3d414a8.png/big)
It might be well worthwhile taking a look at our free report on Chengdu Xuguang Electronics' earnings, revenue and cash flow.
可能值得一看我們關於成都旭光電子收益、收入和現金流的免費報告。
A Different Perspective
不同的視角
We regret to report that Chengdu Xuguang Electronics shareholders are down 26% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 13%. 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. Longer term investors wouldn't be so upset, since they would have made 12%, 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. Before deciding if you like the current share price, check how Chengdu Xuguang Electronics scores on these 3 valuation metrics.
我們遺憾地報告,成都旭光電子的股東今年下跌了26%(甚至包括股息)。不幸的是,這比整個市場13%的跌幅還要嚴重。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。長期投資者不會那麼沮喪,因爲他們將在五年內每年賺取12%的收入。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。在決定是否喜歡當前股價之前,請查看成都旭光電子在這三個估值指標上的得分。
But note: Chengdu Xuguang Electronics may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
但請注意:成都旭光電子可能不是最好的買入股票。因此,來看看這份過去盈利增長(以及進一步增長預測)的有趣公司的免費清單。
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。