Tianli International Holdings (HKG:1773) Pulls Back 14% This Week, but Still Delivers Shareholders Notable 24% CAGR Over 3 Years
Tianli International Holdings (HKG:1773) Pulls Back 14% This Week, but Still Delivers Shareholders Notable 24% CAGR Over 3 Years
While Tianli International Holdings Limited (HKG:1773) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 18% in the last quarter. But over three years, the returns would have left most investors smiling After all, the share price is up a market-beating 80% in that time.
雖然天利國際控股有限公司(HKG:1773)的股東們可能總體上很高興,但最近股票表現不佳,股價在上個季度下跌了18%。但是,在過去的三年中,收益率會讓大多數投資者微笑。畢竟,在那個時候,股價上漲了市場領先的80%。
Although Tianli International Holdings has shed HK$1.4b from its market cap this week, let's take a look at its longer term fundamental trends and see if they've driven returns.
儘管天利國際控股本週市值減少了14億港元,但讓我們關注其長期基本趨勢,看看它們是否推動了回報。
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. 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.
雖然市場是一個強大的定價機制,但股價反映的不僅僅是企業的基本業績,還有投資者的情緒。一個不完美但簡單的方式來考慮公司市場意識的變化是比較每股收益(EPS)的變化和股價的變化。
Tianli International Holdings became profitable within the last three years. That would generally be considered a positive, so we'd expect the share price to be up.
天利國際控股最近三年內實現了盈利。這通常會被認爲是一個積極的跡象,因此我們預計股價會上漲。
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
該公司的每股收益(隨時間的推移)如下圖所示(單擊可查看確切數字)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240726/0-7e0ecc0187bd445fa22115fe958fe872-0-c406b8bda8356874a5392f33f1d25994.png/big)
It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. Dive deeper into the earnings by checking this interactive graph of Tianli International Holdings' earnings, revenue and cash flow.
值得注意的是,我們在上個季度看到了大量內部人員買入,我們認爲這是一個積極因素。也就是說,我們認爲收益和營業收入增長趨勢是更重要的因素。通過查看天利國際控股收益、營業收入和現金流互動圖,更深入地了解收益情況。
What About Dividends?
那麼分紅怎麼樣呢?
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. 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. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Tianli International Holdings the TSR over the last 3 years was 91%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return.
在考慮投資回報時,重要的是要考慮總股東回報(TSR)與股票回報之間的差異。雖然股票回報只反映了股票價格的變動,但TSR包括股息的價值(假設它們已重新投資)以及任何折價的資本增發或剝離的好處。可以說,TSR給支付股息的股票提供了更完整的圖片。我們注意到,對於天利國際控股來說,過去3年的TSR爲91%,比上述股票回報要好。公司支付的股息因此提高了總股東回報。
A Different Perspective
不同的觀點
It's good to see that Tianli International Holdings has rewarded shareholders with a total shareholder return of 52% in the last twelve months. And that does include the dividend. That gain is better than the annual TSR over five years, which is 5%. Therefore it seems like sentiment around the company has been positive lately. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Tianli International Holdings you should know about.
很高興看到天利國際控股在過去12個月內以52%的股東總回報回報了股東。並且那確實包括股息。這種增益優於在過去五年中的年度TSR增長5%。因此,這似乎表明公司近來的情緒一直很積極。在最好的情況下,這可能暗示了一些真正的業務動力,這意味着現在可能是深入挖掘的好時機。我認爲,長期以來股價是業務表現的代理。但是,爲了真正獲得洞察力,我們需要考慮其他信息。考慮風險,例如。每家公司都有,我們已經發現1個提醒信號,提示你應該了解天利國際控股的情況。
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: most of them are flying under the radar).
如果您喜歡與管理層共同購買股票,那麼您可能會喜歡這個免費的公司列表(提示:大多數公司沒有受到關注)。
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當前在香港證券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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@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
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。