If EPS Growth Is Important To You, Gongniu GroupLtd (SHSE:603195) Presents An Opportunity
If EPS Growth Is Important To You, Gongniu GroupLtd (SHSE:603195) Presents An Opportunity
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.
許多投資者，尤其是那些缺乏經驗的投資者，通常會購買那些有好故事的公司的股票，即使這些公司虧損。但正如彼得·林奇所說的那樣。如果高風險和高回報的投資理念不適合您，您可能更感興趣的是盈利增長的公司，例如美國石油吸附劑公司（NYSE:ODC）。盈利並不是投資時唯一需要考慮的指標，但值得認識到可以持續產生盈利的企業。“大開多很少賺錢。” 虧損公司總是在與時間賽跑，以達到財務可持續性，因此這些公司的投資者可能承擔了比他們應該承擔的更多的風險。
So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like Gongniu GroupLtd (SHSE:603195). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide Gongniu GroupLtd with the means to add long-term value to shareholders.
如果您認爲高風險高回報的理念不合適，那麼您可能更感興趣的是像功牛集團股份有限公司（SHSE: 603195）這樣的具有盈利能力和成長的公司。即使這家公司被市場正確估值，投資者也會認爲，持續產生穩定的利潤將繼續爲功牛集團提供爲股東增加長期價值的手段。
Gongniu GroupLtd's Earnings Per Share Are Growing
功牛集團股份有限公司的每股收益正在增長
The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. Over the last three years, Gongniu GroupLtd has grown EPS by 14% per year. That's a pretty good rate, if the company can sustain it.
市場在短期內像是一個投票機，但在長期內則更像一個衡量機，因此您可以預期股價最終會跟隨每股收益（EPS）的情況而有所變化。因此，有許多投資者喜歡購買EPS增長的公司股票。在過去的三年裏，功牛集團股份有限公司的每股收益年均增長14％，如果該公司能維持這樣的增長率，那將是一個相當不錯的速度。
Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. The good news is that Gongniu GroupLtd is growing revenues, and EBIT margins improved by 3.4 percentage points to 27%, over the last year. Both of which are great metrics to check off for potential growth.
謹慎考慮營業收入增長和息稅前利潤率（EBIT）可以幫助判斷該公司最近利潤增長的可持續性。好消息是，功牛集團股份有限公司的收入增長，而息稅前利潤率（EBIT）在過去一年中提高了3.4個百分點，達到27％。這兩個指標對於潛在增長的檢查都非常好。
In the chart below, you can see how the company has grown earnings and revenue, over time. To see the actual numbers, click on the chart.
在下面的圖表中，您可以看到公司的盈利和營業收入隨時間的增長情況。要查看實際數字，請單擊圖表。
The trick, as an investor, is to find companies that are going to perform well in the future, not just in the past. While crystal balls don't exist, you can check our visualization of consensus analyst forecasts for Gongniu GroupLtd's future EPS 100% free.
作爲投資者，訣竅是找到那些將要應該表現得好，而不僅僅是過去的表現。雖然沒有水晶球，但您可以查看我們對功牛集團股份有限公司未來每股收益共識分析師預測的可視化，完全免費。
Are Gongniu GroupLtd Insiders Aligned With All Shareholders?
功牛集團股份有限公司的內部人士是否與所有股東保持一致？
Owing to the size of Gongniu GroupLtd, we wouldn't expect insiders to hold a significant proportion of the company. But we are reassured by the fact they have invested in the company. Notably, they have an enviable stake in the company, worth CN¥31b. This totals to 30% of shares in the company. Enough to lead management's decision making process down a path that brings the most benefit to shareholders. Looking very optimistic for investors.
鑑於功牛集團股份有限公司的規模，我們不期望內部人士持有公司的大部分股份。但我們對他們已經投資該公司感到放心。值得注意的是，他們在公司中擁有一份令人羨慕的股份，價值310億人民幣。這總共佔該公司股份的30％，足以引領管理層決策過程，使股東獲得最大的收益。對於投資者來說非常樂觀。
Is Gongniu GroupLtd Worth Keeping An Eye On?
功牛集團股份有限公司是否值得觀察？
One positive for Gongniu GroupLtd is that it is growing EPS. That's nice to see. For those who are looking for a little more than this, the high level of insider ownership enhances our enthusiasm for this growth. The combination definitely favoured by investors so consider keeping the company on a watchlist. It is worth noting though that we have found 1 warning sign for Gongniu GroupLtd that you need to take into consideration.
功牛集團股份有限公司的一個好消息是它的EPS正在增長。這很好。對於那些想要更多的人來說，高比例的內部人士持股量增強了我們對該公司的熱情。這個組合絕對受到投資者的青睞，因此請考慮將該公司加入自選股列表。值得注意的是，我們已經發現了1個警告標誌，需要加以考慮。
Although Gongniu GroupLtd certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of Chinese companies that not only boast of strong growth but have strong insider backing.
儘管功牛集團股份有限公司看起來不錯，但如果內部人士購買了更多股票，可能會吸引更多投資者。如果您希望看到更多內部人士持有公司股份，那麼請查看這個經過精選的中國公司，它們不僅具有強勁增長，而且有強大的內部支持。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
請注意，本文討論的內部交易是指在相關司法管轄區中報告的交易。
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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.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。