Xiangtan Electrochemical ScientificLtd's (SZSE:002125) 11% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
Xiangtan Electrochemical ScientificLtd's (SZSE:002125) 11% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
Xiangtan Electrochemical Scientific Co.,Ltd (SZSE:002125) shareholders might be concerned after seeing the share price drop 24% in the last quarter. Looking further back, the stock has generated good profits over five years. After all, the share price is up a market-beating 61% in that time.
湘潭電化科技股份有限公司(SZSE:002125)股東可能會在最近一個季度看到股價下跌24%之後感到擔憂。進一步觀察,這隻股票在過去五年中創造了可觀的利潤。畢竟,在那段時間裏,股價上漲了超過市場平均水平的61%。
On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns.
在穩定的七天表現之後,讓我們看看公司的基本面對長期股東回報的影響。
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 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.
引用巴菲特的話:「船隻將周遊世界,而『地平派』仍會興旺。市場上的價格和價值仍會存在廣泛的差距……」考慮一家公司在市場上的認知如何變化的一個不完美但簡單的方法是比較每股收益(EPS)的變化和股價的波動。
Over half a decade, Xiangtan Electrochemical ScientificLtd managed to grow its earnings per share at 28% a year. The EPS growth is more impressive than the yearly share price gain of 10% over the same period. Therefore, it seems the market has become relatively pessimistic about the company.
在過去半個多世紀,湘潭電化科技股份有限公司成功實現了每股收益的年均增長率達到28%。與同期每年10%的股價增長相比,每股收益增長更爲引人矚目。因此,市場對該公司的樂觀情緒似乎相對較低。
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)。
![1725056213774](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240831/43144351-0-64d232cf2b817eb80f4ef3601b6cc2ef.webp/bigjpg)
This free interactive report on Xiangtan Electrochemical ScientificLtd's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
如果你想進一步調查這支股票,可以從湘潭電化科技有限公司(Xiangtan Electrochemical ScientificLtd)的收益、營業收入和現金流免費互動報告開始。
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. 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 67%, which is better than the share price return mentioned above. This is largely a result of its dividend payments!
在考慮投資回報時,重要的是要考慮總股東回報(TSR)和股價回報之間的差異。TSR 是一種回報計算方法,考慮了現金分紅的價值(假設將任何分紅再投資)、任何折價募資和分拆的計算價值。可以說,TSR 爲支付股息的股票提供了更完整的圖像。我們注意到,湘潭電化科技有限公司過去五年的 TSR 爲 67%,優於上述股價回報。這主要是其分紅所導致的!
A Different Perspective
不同的觀點
While the broader market lost about 11% in the twelve months, Xiangtan Electrochemical ScientificLtd shareholders did even worse, losing 21% (even including dividends). However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. Longer term investors wouldn't be so upset, since they would have made 11%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. 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 .
儘管整個市場在過去十二個月裏虧損了約 11%,但湘潭電化科技有限公司的股東情況更糟,虧損了 21%(包括分紅)。然而,這可能只是股價受到整個市場不安的影響。有必要密切注意基本面情況,以防有好的機會出現。從長遠來看,投資者不會如此沮喪,因爲他們每年可以獲得 11% 的回報,持續五年。如果基本數據繼續顯示長期可持續增長,當前的拋售可能是值得考慮的機會。雖然有必要考慮市場條件對股價的不同影響,但還有其他更重要的因素。爲此,你應該注意到,我們在湘潭電化科技有限公司發現了一個警告信號。
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation).
如果您喜歡與管理層一起購買股票,那麼您可能會喜歡這個公司的免費列表。 (提示:其中許多公司不爲人注意且具有吸引力的估值。)
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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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。