Clenergy Technology (SHSE:603628) Sheds 9.5% This Week, as Yearly Returns Fall More in Line With Earnings Growth
Clenergy Technology (SHSE:603628) Sheds 9.5% This Week, as Yearly Returns Fall More in Line With Earnings Growth
Clenergy Technology Co., Ltd. (SHSE:603628) shareholders might understandably be very concerned that the share price has dropped 31% in the last quarter. But that doesn't change the fact that the returns over the last five years have been pleasing. After all, the share price is up a market-beating 62% in that time.
Clenergy Technology Co., Ltd.(SHSE:603628)的股東們可能會對股票價格在上個季度下跌了31%感到非常擔憂。但這並不能改變過去五年的回報是讓人滿意的事實。畢竟,在那段時間裏,股票價格上漲了62%,超過了市場。
In light of the stock dropping 9.5% in the past week, we want to investigate the longer term story, and see if fundamentals have been the driver of the company's positive five-year return.
鑑於該股在過去一週內下跌了9.5%,我們希望調查更長期的情況,並查看基本面是否是公司五年回報的驅動力。
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...' 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.
引用巴菲特的話說,「船隻會在世界各地航行,但是持平地球學會會蓬勃發展。在市場上,價格和價值之間將繼續存在巨大的差距……」評估公司周圍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 five years of share price growth, Clenergy Technology achieved compound earnings per share (EPS) growth of 41% per year. The EPS growth is more impressive than the yearly share price gain of 10% over the same period. So it seems the market isn't so enthusiastic about the stock these days.
在五年的股票增長中,Clenergy Technology的每股收益(EPS)複合增長率爲每年41%。與此同時,每年的股票增長率爲10%,但市場對股票的熱情似乎不高。
You can see how EPS has changed over time in the image below (click on the chart to see the exact values).
您可以在下面的圖片中查看每股收益如何隨時間變化(單擊圖表以查看確切的價值)。
![1724278329711](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240822/42689215-0-cdd930a613d98067fe6344d3ead31e0b.webp/bigjpg)
It might be well worthwhile taking a look at our free report on Clenergy Technology's earnings, revenue and cash flow.
免費報告關於清源股份的盈利、營業收入和現金流值得一看。
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. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Clenergy Technology's TSR for the last 5 years was 66%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!
在考慮投資回報時,重要的是區分累計股東回報率(TSR)和股價回報率之間的差異。股價回報率只反映股價的變化,而TSR則包括分紅的價值(假設它們被再投資)和任何折價增資或剝離的利益。可以說,TSR更全面地反映了股票的回報情況。事實上,在過去5年裏,清源股份的TSR達到了66%,超過了之前提到的股價回報。這在很大程度上是其分紅支付的結果!
A Different Perspective
不同的觀點
While it's certainly disappointing to see that Clenergy Technology shares lost 6.3% throughout the year, that wasn't as bad as the market loss of 17%. Longer term investors wouldn't be so upset, since they would have made 11%, each year, over five years. 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 learn about the 4 warning signs we've spotted with Clenergy Technology (including 1 which is significant) .
雖然看到清源股份的股價在全年下跌了6.3%,但這並不像市場損失了17%那樣糟糕。從較長期來看,投資者不會感到太沮喪,因爲他們每年都會獲得11%的回報,而這個過程持續了五年。可能是因爲企業只是面臨着一些短期問題,但股東應該密切關注基本面。雖然考慮到市場狀況對股價的影響是很值得的,但其他因素更加重要。爲此,您應該了解我們發現的清源股份的4個警告信號(包括一個重要的)。
We will like Clenergy Technology better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying.
如果我們看到一些大規模的內部交易,我們會更喜歡清源股份。在我們等待的同時,可以查看這個免費的被低估的股票列表(主要是小市值股票),其中包含了相當多最近的內部交易。
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上市的股票的市場加權平均回報。
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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。