Plover Bay Technologies' (HKG:1523) 41% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
Plover Bay Technologies' (HKG:1523) 41% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
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 Plover Bay Technologies Limited (HKG:1523) stock is up an impressive 277% over the last five years. Also pleasing for shareholders was the 43% gain in the last three months. The company reported its financial results recently; you can catch up on the latest numbers by reading our company report.
當你買入一家公司的股票時,需要考慮它可能會失敗,你可能會虧錢。但好消息是,如果你在正確的價格買入一家高質量的公司的股票,你可以獲得超過100%的收益。例如,Plover Bay Technologies Limited(HKG:1523)的股價在過去五年中有着驚人的277%的增長。同時,股東們也非常滿意公司在最近三個月內提高了43%的股價。 這家公司最近公佈了其財務業績,你可以通過閱讀我們的公司報告來了解最新的數據。
The past week has proven to be lucrative for Plover Bay Technologies investors, so let's see if fundamentals drove the company's five-year performance.
過去一週對Plover Bay Technologies的投資者來說是賺錢的,那麼我們來看看基本面是否推動了公司的五年表現。
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
儘管市場是一個強大的價格機制,但股票價格反映的不僅是潛在業務績效,還反映了投資者的情緒。 了解市場情緒隨時間的變化的一種方法是查看公司的股價與每股收益(EPS)之間的互動。
Over half a decade, Plover Bay Technologies managed to grow its earnings per share at 23% a year. This EPS growth is lower than the 30% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. That's not necessarily surprising considering the five-year track record of earnings growth.
在五年的時間裏,Plover Bay Technologies每股收益增長了23%。這一每股收益增長速度低於股價30%的平均年增長率。因此可以合理地認爲市場對該公司的評價高於五年前。這並不奇怪,考慮到過去五年的盈利增長紀錄。
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
下圖顯示了EPS隨時間變化的情況(點擊圖像以顯示確切值)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240821/0-69fbe42e40e0238c3bd8efd72b3aa0a3-0-de1479579a9ba17df250160511249fdd.png/big)
We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. It might be well worthwhile taking a look at our free report on Plover Bay Technologies' earnings, revenue and cash flow.
我們很高興地報告,與同樣資本化的公司比較,該公司的CEO的報酬較爲適中。但是,儘管CEO的報酬值得檢查,真正重要的問題是公司能否繼續增長收益。看看我們關於Plover Bay Technologies收益、營業收入和現金流的免費報告可能非常值得。
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. 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. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Plover Bay Technologies' TSR for the last 5 years was 449%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence!
在考慮投資回報時,重要的是要考慮到總股東回報(TSR)和股價回報之間的差異。 TSR是一種回報計算,它考慮到了現金分紅的價值(假設任何收到的股息都是再投資),以及任何折價增資和分拆的計算價值。因此,對於支付慷慨的股息的公司來說,TSR往往比股價回報高得多。恰巧Plover Bay Technologies在過去5年的TSR爲449%,超過了之前提到的股價回報。毫不意外的是,股息支付很大程度上解釋了這種差異!
A Different Perspective
不同的觀點
It's good to see that Plover Bay Technologies has rewarded shareholders with a total shareholder return of 98% in the last twelve months. And that does include the dividend. That gain is better than the annual TSR over five years, which is 41%. Therefore it seems like sentiment around the company has been positive lately. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. It's always interesting to track share price performance over the longer term. But to understand Plover Bay Technologies better, we need to consider many other factors. For instance, we've identified 1 warning sign for Plover Bay Technologies that you should be aware of.
很高興看到Plover Bay Technologies在過去12個月內以總股東回報率爲98%回報了股東。這也包括股息。這種增益比五年來的年回報率41%要好。因此,最近該公司的情緒似乎是積極的。持有樂觀態度的人可能會認爲,TSR的最近改善表明公司本身正在隨時間的推移而變得更好。長期跟蹤股價表現總是很有趣的,但要更好地了解Plover Bay Technologies,我們需要考慮許多其他因素。例如,我們已經確定了一個Plover Bay Technologies的警告信號,你應該注意。
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.
如果您願意查看另一家公司(具有潛在的更好財務狀況),請不要錯過這個免費的公司列表,證明它們可以增長收益。
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。
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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。