Investing in IKD (SHSE:600933) Five Years Ago Would Have Delivered You a 256% Gain
Investing in IKD (SHSE:600933) Five Years Ago Would Have Delivered You a 256% Gain
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, you can make far more than 100% on a really good stock. For example, the IKD Co., Ltd. (SHSE:600933) share price has soared 225% in the last half decade. Most would be very happy with that. It's down 1.9% in the last seven days.
当你购买一家公司的股票时,值得记住的是它可能会倒闭,你可能会损失你的钱。但从好的方面来看,你可以在一只真正好的股票上获得远远超过100%的收益。例如,IKD股份有限公司。(上海证券交易所:600933)股价在过去五年里飙升了225%。大多数人会对此感到非常高兴。过去七日累计下跌1.9%。
So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns.
因此,让我们评估一下过去5年的基本基本面,看看它们是否与股东回报同步。
Check out our latest analysis for IKD
查看我们对IKD的最新分析
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
本杰明·格雷厄姆(Benjamin Graham)的原话是:短期内,市场是一台投票机,但从长远来看,它是一台称重机。考察市场情绪如何随时间变化的一种方法是观察一家公司的股价和每股收益(EPS)之间的相互作用。
Over half a decade, IKD managed to grow its earnings per share at 8.9% a year. This EPS growth is lower than the 27% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. And that's hardly shocking given the track record of growth.
在过去的五年里,IKD的每股收益以每年8.9%的速度增长。这一每股收益增幅低于该公司股价27%的年均增幅。这表明,这些天来,市场参与者对该公司的评价更高。考虑到增长的记录,这并不令人震惊。
You can see how EPS has 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EPS是如何随着时间的推移而变化的(单击图表可查看精确值)。
We know that IKD 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.
我们知道IKD最近提高了利润,但它会增加收入吗?如果你感兴趣,你可以看看这个免费显示一致收入预测的报告。
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 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. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of IKD, it has a TSR of 256% 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.
在考察投资回报时,重要的是要考虑到股东总回报(TSR)和股价回报。TSR是一种回报计算,计入了现金股息的价值(假设收到的任何股息都进行了再投资),以及任何贴现融资和剥离的计算价值。公平地说,TSR为支付股息的股票提供了更完整的图景。在IKD的情况下,它在过去5年的TSR为256%。这超过了我们之前提到的它的股价回报。该公司支付的股息因此提振了总计股东回报。
A Different Perspective
不同的视角
We're pleased to report that IKD shareholders have received a total shareholder return of 20% over one year. That's including the dividend. However, the TSR over five years, coming in at 29% per year, is even more impressive. The pessimistic view would be that be that the stock has its best days behind it, but on the other hand the price might simply be moderating while the business itself continues to execute. 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. Case in point: We've spotted 3 warning signs for IKD you should be aware of, and 1 of them makes us a bit uncomfortable.
我们很高兴地报告,IKD的股东在一年内获得了20%的总股东回报。这还包括股息。然而,五年来的TSR,以每年29%的速度增长,更令人印象深刻。悲观的观点是,该股的最佳时期已经过去,但另一方面,当业务本身继续执行时,价格可能只是在放缓。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。一个恰当的例子:我们发现了IKD的3个警告标志你应该知道,其中的一个让我们有点不舒服。
We will like IKD better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
如果我们看到一些大的内部收购,我们会更喜欢IKD。在我们等待的时候,看看这个免费最近有大量内幕收购的成长型公司名单。
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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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.
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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。