The 9.1% Return This Week Takes GuoChuang SoftwareLtd's (SZSE:300520) Shareholders Five-year Gains to 50%
The 9.1% Return This Week Takes GuoChuang SoftwareLtd's (SZSE:300520) Shareholders Five-year Gains to 50%
If you want to compound wealth in the stock market, you can do so by buying an index fund. But the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, the GuoChuang Software Co.,Ltd. (SZSE:300520) share price is up 47% in the last five years, slightly above the market return. It's fair to say the stock has continued its long term trend in the last year, over which it has risen 41%.
如果你想在股市增加财富，你可以通过购买指数基金来实现。但事实是，如果你以合适的价格收购质量好的企业，你可以获得巨大的收益。例如，国创软件有限公司。(SZSE：300520)股价在过去五年中上涨了47%，略高于市场回报率。公平地说，该股在过去一年里延续了长期趋势，上涨了41%。
The past week has proven to be lucrative for GuoChuang SoftwareLtd investors, so let's see if fundamentals drove the company's five-year performance.
过去一周对国创软件有限公司的投资者来说是有利可图的，所以让我们看看基本面因素是否推动了该公司五年的业绩。
View our latest analysis for GuoChuang SoftwareLtd
查看我们对国创软件有限公司的最新分析
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. 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.
虽然市场是一种强大的定价机制，但股价反映的是投资者情绪，而不仅仅是潜在的企业表现。一种不完美但简单的方法来考虑市场对一家公司的看法是如何改变的，那就是将每股收益(EPS)的变化与股价走势进行比较。
GuoChuang SoftwareLtd's earnings per share are down 20% per year, despite strong share price performance over five years.
国创软件有限公司的每股收益每年下降20%，尽管过去五年股价表现强劲。
This means it's unlikely the market is judging the company based on earnings growth. Since the change in EPS doesn't seem to correlate with the change in share price, it's worth taking a look at other metrics.
这意味着市场不太可能根据盈利增长来评判该公司。由于每股收益的变化似乎与股价的变化没有相关性，因此值得看看其他指标。
In contrast revenue growth of 20% per year is probably viewed as evidence that GuoChuang SoftwareLtd is growing, a real positive. In that case, the company may be sacrificing current earnings per share to drive growth.
相比之下，每年20%的收入增长可能被视为国创软件有限公司正在增长的证据，这是一个真正的积极因素。在这种情况下，该公司可能是在牺牲当前的每股收益来推动增长。
You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).
您可以在下图中看到收益和收入随时间的变化(单击图表查看确切的值)。
Take a more thorough look at GuoChuang SoftwareLtd's financial health with this free report on its balance sheet.
更全面地了解国创软件有限公司的财务健康状况免费报告其资产负债表。
What About The Total Shareholder Return (TSR)?
那么总股东回报(TSR)呢？
Investors should note that there's a difference between GuoChuang SoftwareLtd's total shareholder return (TSR) and its share price change, which we've covered above. Arguably the TSR is a more complete return calculation because it accounts for the value of dividends (as if they were reinvested), along with the hypothetical value of any discounted capital that have been offered to shareholders. Its history of dividend payouts mean that GuoChuang SoftwareLtd's TSR of 50% over the last 5 years is better than the share price return.
投资者应该注意到，国创软件有限公司的总股东回报(TSR)与其股价变化之间存在差异，我们在上面已经介绍了这一点。可以说，TSR是一种更完整的回报计算方法，因为它计入了股息的价值(就像它们被再投资一样)，以及向股东提供的任何贴现资本的假设价值。其派息的历史意味着国创软件有限公司在过去5年中50%的TSR好于股价回报。
A Different Perspective
不同的视角
We're pleased to report that GuoChuang SoftwareLtd shareholders have received a total shareholder return of 41% over one year. Since the one-year TSR is better than the five-year TSR (the latter coming in at 8% per year), it would seem that the stock's performance has improved in recent times. 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. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with GuoChuang SoftwareLtd (at least 1 which is concerning) , and understanding them should be part of your investment process.
我们很高兴地报告，国创软件有限公司的股东在一年内获得了41%的总股东回报。由于一年期的TSR好于五年期的TSR(后者的年收益率为8%)，看起来该股的表现在最近有所改善。在最好的情况下，这可能暗示着一些真正的商业势头，意味着现在可能是深入研究的好时机。虽然值得考虑市场状况对股价可能产生的不同影响，但还有其他更重要的因素。例如，考虑一下无处不在的投资风险幽灵。我们已经确定了两个警告信号与国创软件有限公司(至少1家相关)合作，了解他们应该是你投资过程的一部分。
Of course GuoChuang SoftwareLtd may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然了国创软件有限公司可能不是最值得买入的股票。所以你可能想看看这个免费成长型股票的集合。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Chinese exchanges.
请注意，本文引用的市场回报反映了目前在中国交易所交易的股票的市场加权平均回报。
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本文由Simply Wall St.撰写，具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论，我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议，也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意，我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。