It hasn't been the best quarter for Inspur Electronic Information Industry Co., Ltd. (SZSE:000977) shareholders, since the share price has fallen 16% in that time. On the bright side the returns have been quite good over the last half decade. It has returned a market beating 48% in that time. Unfortunately not all shareholders will have held it for the long term, so spare a thought for those caught in the 25% decline over the last twelve months.
Since the long term performance has been good but there's been a recent pullback of 4.5%, let's check if the fundamentals match the share price.
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. 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.
Over half a decade, Inspur Electronic Information Industry managed to grow its earnings per share at 19% a year. The EPS growth is more impressive than the yearly share price gain of 8% over the same period. So one could conclude that the broader market has become more cautious towards the stock.
You can see how EPS has changed over time in the image below (click on the chart to see the exact values).
SZSE:000977 Earnings Per Share Growth June 27th 2024
Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.
What About Dividends?
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. In the case of Inspur Electronic Information Industry, it has a TSR of 63% for the last 5 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return.
A Different Perspective
We regret to report that Inspur Electronic Information Industry shareholders are down 25% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 14%. 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 10%, 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. It's always interesting to track share price performance over the longer term. But to understand Inspur Electronic Information Industry better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Inspur Electronic Information Industry you should know about.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Chinese exchanges.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
Inspur Electronic Information Industry株式会社(SZSE:000977)の株主にとっては、これが最高の四半期とは言えませんでした。なぜなら、株価はその間に16%下落したからです。しかし、過去の半世紀にわたる収益はかなり良かったです。その期間に市場を上回る48%を返しました。しかし、すべての株主が長期間保有したわけではないため、過去12か月間に25%下落した人たちを思いやる必要があります。
留意すべきは、この記事で引用されている市場リターンは、現在オーストラリア取引所で取引されている株式の市場加重平均リターンを反映しています。総株主収益株価収益株価収益TSRは、現金配当の価値(任意の配当が再投資された場合)と、割引資本調達と分離的な価値の計算値を考慮した収益計算です。したがって、慷慨な配当を支払う企業では、TSRが株価収益よりもはるかに高くなることがしばしばあります。Inspur Electronic Information Industryの場合、過去5年間のTSRは63%であり、先に述べた株価収益を超えています。会社が支払った配当は、こうして増加しました。トータル負債。株主リターン。
残念ながら、Inspur Electronic Information Industryの株主は、配当を含めても今年は25%下落しています。これは広範な市場の14%の下落よりも悪い結果です。しかし、株価が広範な市場の不安に影響を受けた可能性があるため、基本を把握することは価値があるかもしれません。長期投資家はそんなに落ち込まないでしょう。なぜなら、彼らは5年間で年間10%の収益を上げたからです。基本的なデータが長期的に持続可能な成長を示し続ける場合、現在の下落売りは検討に値する機会かもしれません。長期的な株価パフォーマンスを追跡することは常に興味深いことですが、Inspur Electronic Information Industryをより理解するために、多くの他の要因を考慮する必要があります。リスクを考慮してください。すべての企業にはそれらが存在し、私たちはInspur Electronic Information Industryについての警告サインを見つけました。知っておくべきです。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。