Xiangtan Electrochemical ScientificLtd (SZSE:002125) Sheds 5.0% This Week, as Yearly Returns Fall More in Line With Earnings Growth
Xiangtan Electrochemical ScientificLtd (SZSE:002125) Sheds 5.0% This Week, as Yearly Returns Fall More in Line With Earnings Growth
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. For instance, the price of Xiangtan Electrochemical Scientific Co.,Ltd (SZSE:002125) stock is up an impressive 102% over the last five years. Also pleasing for shareholders was the 33% gain in the last three months.
當你購買一家公司的股票時,值得記住它可能倒閉的可能性,你可能會賠錢。但好的一面是,如果你以合適的價格購買一家高質量公司的股票,你可以獲得超過100%的收益。例如,湘潭電化科學股份有限公司的價格, Ltd(深圳證券交易所:002125)的股票在過去五年中上漲了令人印象深刻的102%。同樣令股東高興的是,過去三個月的漲幅爲33%。
Although Xiangtan Electrochemical ScientificLtd has shed CN¥390m from its market cap this week, let's take a look at its longer term fundamental trends and see if they've driven returns.
儘管湘潭電化科學有限公司本週的市值已經下跌了3.9億元人民幣,但讓我們來看看其長期基本面趨勢,看看它們是否推動了回報。
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
引用巴菲特的話說:「船隻將在世界各地航行,但Flat Earth Society將蓬勃發展。市場上的價格和價值之間將繼續存在巨大差異...」通過比較每股收益(EPS)和一段時間內的股價變化,我們可以了解投資者對公司的態度是如何隨着時間的推移而變化的。
During five years of share price growth, Xiangtan Electrochemical ScientificLtd achieved compound earnings per share (EPS) growth of 32% per year. This EPS growth is higher than the 15% average annual increase in the share price. So one could conclude that the broader market has become more cautious towards the stock.
在五年的股價增長中,湘潭電化科技有限公司實現了每年32%的複合每股收益(EPS)增長。每股收益的增長高於股價平均年增長15%。因此,人們可以得出結論,整個市場對該股變得更加謹慎。
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/7781/20240525/0-93dfd45a1b655265b35c7dae154300a0-0-2d3b4a4a61b67bca8b0de30e3dc150db.png/big)
It's probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here..
可能值得注意的是,首席執行官的薪水低於類似規模公司的中位數。但是,儘管首席執行官的薪酬總是值得檢查的,但真正重要的問題是公司未來能否增加收益。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 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 Xiangtan Electrochemical ScientificLtd the TSR over the last 5 years was 105%, which is better than the share price return mentioned above. This is largely a result of its dividend payments!
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。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,湘潭電化科技有限公司在過去5年的股東總回報率爲105%,好於上述股價回報率。這在很大程度上是其股息支付的結果!
A Different Perspective
不同的視角
While it's certainly disappointing to see that Xiangtan Electrochemical ScientificLtd shares lost 2.3% throughout the year, that wasn't as bad as the market loss of 8.9%. Of course, the long term returns are far more important and the good news is that over five years, the stock has returned 15% for each year. It could be that the business is just facing some short term problems, but shareholders should keep a close eye on the fundamentals. 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. To that end, you should be aware of the 1 warning sign we've spotted with Xiangtan Electrochemical ScientificLtd .
儘管湘潭電化科學有限公司的股價全年下跌2.3%確實令人失望,但這還沒有市場8.9%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15%。可能是該企業正面臨一些短期問題,但股東應密切關注基本面。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。爲此,你應該注意我們在湘潭電化科學有限公司發現的1個警告信號。
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.
如果你想看看另一家公司——一家財務狀況可能優異的公司——那麼千萬不要錯過這份已經證明自己可以增加收益的公司的免費名單。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on 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。