Leascend Technology (SZSE:300051) Delivers Shareholders Notable 22% CAGR Over 3 Years, Surging 18% in the Last Week Alone
Leascend Technology (SZSE:300051) Delivers Shareholders Notable 22% CAGR Over 3 Years, Surging 18% in the Last Week Alone
By buying an index fund, investors can approximate the average market return. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, the Leascend Technology Co., Ltd (SZSE:300051) share price is up 82% in the last three years, clearly besting the market decline of around 28% (not including dividends).
通過購買指數基金,投資者可以估算出平均市場回報率。但是,如果你以誘人的價格收購優秀的企業,你的投資組合回報率可能會超過平均市場回報。例如,樂升科技有限公司(深圳證券交易所代碼:300051)的股價在過去三年中上漲了82%,明顯超過了市場約28%(不包括股息)的跌幅。
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.
在連續7天表現穩健的背景下,讓我們來看看公司的基本面在推動長期股東回報方面發揮了什麼作用。
Because Leascend Technology made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Shareholders of unprofitable companies usually desire strong revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.
由於Leascend Technology在過去十二個月中出現了虧損,因此我們認爲至少目前市場可能更加關注收入和收入增長。無利可圖的公司的股東通常希望強勁的收入增長。那是因爲如果收入增長可以忽略不計,而且從來沒有盈利,就很難確信一家公司能否實現可持續發展。
In the last 3 years Leascend Technology saw its revenue grow at 14% per year. That's pretty nice growth. The share price gain of 22% per year shows that the market is paying attention to this growth. If that's the case, then it could be well worth while to research the growth trajectory. Keep in mind that the strength of the balance sheet impacts the options open to the company.
在過去的3年中,Leascend Technology的收入以每年14%的速度增長。這是相當不錯的增長。每年22%的股價上漲表明市場正在關注這種增長。如果是這樣的話,那麼花點時間研究增長軌跡可能是值得的。請記住,資產負債表的強度會影響公司可以選擇的期權。
You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).
您可以在下圖中看到收入和收入隨時間推移而發生的變化(點擊圖表查看確切值)。
Take a more thorough look at Leascend Technology's financial health with this free report on its balance sheet.
通過這份免費的資產負債表報告,更全面地了解Leascend Technology的財務狀況。
A Different Perspective
不同的視角
While the broader market lost about 10% in the twelve months, Leascend Technology shareholders did even worse, losing 37%. 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. On the bright side, long term shareholders have made money, with a gain of 5% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. 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 for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Leascend Technology (at least 1 which is a bit unpleasant) , and understanding them should be part of your investment process.
儘管整個市場在十二個月中下跌了約10%,但Leascend Technology的股東表現甚至更糟,下跌了37%。但是,可能只是股價受到了更廣泛的市場緊張情緒的影響。如果有很好的機會,可能值得關注基本面。好的一面是,長期股東賺了錢,在過去的五年中,每年增長5%。最近的拋售可能是一個機會,因此可能值得查看基本面數據以尋找長期增長趨勢的跡象。我發現將長期股價視爲業務績效的代表非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。例如,投資風險的幽靈無處不在。我們已經發現Leascend Technology的兩個警告信號(至少有一個有點不愉快),了解它們應該是你投資過程的一部分。
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).
如果你想和管理層一起購買股票,那麼你可能會喜歡這份免費的公司清單。(提示:其中許多未被注意且估值誘人)。
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交易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.
對這篇文章有反饋嗎?對內容感到擔憂嗎?請直接聯繫我們。或者,也可以發送電子郵件至編輯團隊 (at) simplywallst.com。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。