share_log

Jack TechnologyLtd's (SHSE:603337) Earnings Growth Rate Lags the 5.7% CAGR Delivered to Shareholders

Jack TechnologyLtd's (SHSE:603337) Earnings Growth Rate Lags the 5.7% CAGR Delivered to Shareholders

Jack Technology Ltd(SHSE:603337)的收益增長率低於向股東提供的5.7%複合年增長率
Simply Wall St ·  09/21 07:05

Stock pickers are generally looking for stocks that will outperform the broader market. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, the Jack Technology Co.,Ltd (SHSE:603337) share price is up 23% in the last 5 years, clearly besting the market decline of around 7.2% (ignoring dividends).

股票精選者通常在尋找能夠超越更廣泛市場表現的股票。而積極的股票選取雖然存在風險(並需要分散投資),但也可能提供過量收益。例如,傑克股份有限公司(SHSE:603337)的股價在過去5年中上漲了23%,明顯優於市場下跌約7.2%(不考慮分紅)。

While this past week has detracted from the company's five-year return, let's look at the recent trends of the underlying business and see if the gains have been in alignment.

雖然過去的一週削弱了公司的五年回報,但讓我們看看業務的最近趨勢,並查看收益是否已對齊。

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...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

引用巴菲特的話順便說一下,「船隻將環遊世界,但支持地球平面學會的人將大有可爲。 在市場上,價格和價值之間將繼續存在巨大的差異...」通過比較EPS和股價變化,我們可以了解到投資者對公司的態度隨時間的變化程度。

Over half a decade, Jack TechnologyLtd managed to grow its earnings per share at 9.2% a year. This EPS growth is higher than the 4% average annual increase in the share price. So one could conclude that the broader market has become more cautious towards the stock.

在半個多世紀的時間裏,傑克科技有限公司設法將其每股收益增長率提高到每年9.2%。這種每股收益的增長率高於股價平均每年增長4%。因此,人們可以得出結論認爲更廣泛市場已經對該股變得更加謹慎。

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
SHSE:603337 Earnings Per Share Growth September 20th 2024
SHSE:603337 每股收益增長 2024年9月20日

We know that Jack TechnologyLtd has improved its bottom line lately, but is it going to grow revenue? If you're interested, you could check this free report showing consensus revenue forecasts.

我們知道傑克股份最近改善了底線,但它是否會增長營業收入?如果您感興趣,可以查看這份免費報告,顯示共識營業收入預測。

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. We note that for Jack TechnologyLtd the TSR over the last 5 years was 32%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence!

在考慮投資回報時,重要的是要考慮總股東回報(TSR)和股價回報之間的差異。TSR是一種計算回報的方法,考慮到現金分紅的價值(假設收到的任何紅利都已再投資)以及任何折現的增資和剝離的計算價值。因此,對於支付豐厚分紅的公司,TSR往往比股價回報高得多。我們注意到,傑克股份在過去5年的TSR爲32%,這比上面提到的股價回報要好。而且毫無疑問,分紅支付很大程度上解釋了這種差異!

A Different Perspective

不同的觀點

We're pleased to report that Jack TechnologyLtd shareholders have received a total shareholder return of 24% over one year. That's including the dividend. That's better than the annualised return of 6% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. 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. For example, we've discovered 1 warning sign for Jack TechnologyLtd that you should be aware of before investing here.

我們很高興地報告說,傑克股份股東在一年內獲得了24%的總股東回報。這包括分紅。這比過去半個世紀年化回報率6%更好,這意味着公司最近表現更好。在最佳情況下,這可能暗示着一些真實的業務勢頭,這意味着現在可能是深入了解的好時機。雖然考慮市場條件對股價可能產生的不同影響是非常值得的,但還有其他更重要的因素。例如,我們發現了1個對於在此進行投資之前應該注意的傑克股份的警告信號。

For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket.

對於那些喜歡尋找獲勝投資的人來說,最近有內部購買的低估公司免費列表可能是一個很好的選擇。

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。

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。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
    搶先評論