Investors in GF Securities (SZSE:000776) Have Seen Decent Returns of 42% Over the Past Five Years
Investors in GF Securities (SZSE:000776) Have Seen Decent Returns of 42% Over the Past Five Years
The main point of investing for the long term is to make money. But more than that, you probably want to see it rise more than the market average. Unfortunately for shareholders, while the GF Securities Co., Ltd. (SZSE:000776) share price is up 26% in the last five years, that's less than the market return. Unfortunately the share price is down 2.7% in the last year.
長期投資的主要目的是賺錢。但更重要的是,你可能希望看到它比市場平均水準更高。對股東來說不幸的是,雖然廣發證券股份有限公司。(SZSE:000776)股價在過去五年中上漲了26%,低於市場回報率。不幸的是,該公司股價在去年下跌了2.7%。
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
讓我們來看看較長期的基本基本面,看看它們是否與股東回報一致。
View our latest analysis for GF Securities
查看我們對廣發證券的最新分析
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. 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.
不可否認,市場有時是有效的,但價格並不總是反映潛在的商業表現。通過比較每股收益(EPS)和股價隨時間的變化,我們可以感受到投資者對一家公司的態度隨著時間的推移發生了怎樣的變化。
During five years of share price growth, GF Securities achieved compound earnings per share (EPS) growth of 1.8% per year. This EPS growth is lower than the 5% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. And that's hardly shocking given the track record of growth.
在股價增長的五年中,廣發證券實現了每股收益(EPS)每年1.8%的復合增長。這一每股收益增幅低於股價年均5%的增幅。因此,可以公平地認為,市場對這項業務的看法比五年前更高。考慮到增長的記錄,這並不令人震驚。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
您可以在下面看到EPS是如何隨著時間的推移而變化的(通過單擊圖像來了解確切的值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231012/0-a8894d48aebb2a9be1f215cd05916b87-0-0471a2573bf6c0f615060d4187b9c52e.png/big)
It might be well worthwhile taking a look at our free report on GF Securities' earnings, revenue and cash flow.
也許很值得一看我們的免費廣發證券的收入、收入和現金流報告。
What About Dividends?
那股息呢?
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of GF Securities, it has a TSR of 42% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!
在考察投資回報時,重要的是要考慮到股東總回報(TSR)和股價回報。TSR包括任何剝離或貼現融資的價值,以及任何股息,基於股息再投資的假設。因此,對於支付豐厚股息的公司來說,TSR往往比股價回報高得多。以廣發證券為例,它在過去5年的總資產收益率為42%。這超過了我們之前提到的它的股價回報。這在很大程度上是其股息支付的結果!
A Different Perspective
不同的視角
GF Securities shareholders are down 0.7% for the year (even including dividends), but the market itself is up 1.3%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. On the bright side, long term shareholders have made money, with a gain of 7% 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. It's always interesting to track share price performance over the longer term. But to understand GF Securities better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for GF Securities you should be aware of.
廣發證券的股東今年下跌了0.7%(即使包括股息),但市場本身卻上漲了1.3%。然而,請記住,即使是最好的股票,在12個月的時間裡,有時也會表現遜於市場。好的一面是,長期股東已經賺到了錢,過去五年的年回報率為7%。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。跟蹤股價的長期表現總是很有趣的。但要更好地理解廣發證券,我們還需要考慮許多其他因素。一個恰當的例子:我們發現了廣發證券的1個警示標誌你應該意識到。
But note: GF Securities may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
但請注意:廣發證券可能不是最值得買入的股票。所以讓我們來看看這個免費過去有盈利增長(以及進一步增長預測)的有趣公司名單。
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.
對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫.或者,也可以給編輯組發電子郵件,地址是暗示Wallst.com。
本文由Simply Wall St.撰寫,具有概括性.我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議.它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況.我們的目標是為您帶來由基本面數據驅動的長期重點分析.請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內.Simply Wall St.對上述任何一隻股票都沒有持倉.