YGSOFT (SZSE:002063) Jumps 3.4% This Week, Though Earnings Growth Is Still Tracking Behind Five-year Shareholder Returns
YGSOFT (SZSE:002063) Jumps 3.4% This Week, Though Earnings Growth Is Still Tracking Behind Five-year Shareholder Returns
YGSOFT Inc. (SZSE:002063) shareholders might be concerned after seeing the share price drop 13% in the last quarter. But that scarcely detracts from the really solid long term returns generated by the company over five years. We think most investors would be happy with the 128% return, over that period. We think it's more important to dwell on the long term returns than the short term returns. Ultimately business performance will determine whether the stock price continues the positive long term trend.
YGSOFT Inc.(深圳证券交易所:002063)股东在上个季度看到股价下跌13%后,可能会感到担忧。但这几乎没有减损该公司在五年内创造的真正可观的长期回报。我们认为,在此期间,大多数投资者会对128%的回报感到满意。我们认为,关注长期回报比短期回报更为重要。归根结底,业务表现将决定股价是否延续积极的长期趋势。
The past week has proven to be lucrative for YGSOFT investors, so let's see if fundamentals drove the company's five-year performance.
事实证明,过去一周对YGSOFT投资者来说是有利可图的,所以让我们看看基本面是否推动了公司的五年业绩。
View our latest analysis for YGSOFT
查看我们对 YGSOFT 的最新分析
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' 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.
引用巴菲特的话说:“船只将在世界各地航行,但Flat Earth Society将蓬勃发展。市场上的价格和价值之间将继续存在巨大差异...”考虑市场对公司的看法发生了怎样的变化的一种不完美但简单的方法是将每股收益(EPS)的变化与股价走势进行比较。
Over half a decade, YGSOFT managed to grow its earnings per share at 13% a year. This EPS growth is slower than the share price growth of 18% per year, over the same period. So it's fair to assume the market has a higher opinion of the business than it did five years ago. That's not necessarily surprising considering the five-year track record of earnings growth.
在过去的五年中,YGSOFT成功地将其每股收益增长了13%。每股收益的增长低于同期股价每年18%的增长。因此,可以公平地假设市场对该业务的看法比五年前更高。考虑到五年的收益增长记录,这并不一定令人惊讶。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
你可以在下面看到 EPS 是如何随着时间的推移而变化的(点击图片发现确切的值)。
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It might be well worthwhile taking a look at our free report on YGSOFT's earnings, revenue and cash flow.
我们关于YGSOFT收益、收入和现金流的免费报告可能值得一看。
What About Dividends?
分红呢?
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. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of YGSOFT, it has a TSR of 135% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!
在考虑投资回报时,重要的是要考虑两者之间的区别 股东总回报 (TSR) 和 股价回报。基于股息再投资的假设,股东总回报率包括任何分拆或贴现资本筹集的价值,以及任何股息。可以公平地说,股东总回报率为支付股息的股票提供了更完整的画面。就YGSOFT而言,它在过去5年的股东总回报率为135%。这超过了我们之前提到的股价回报率。这在很大程度上是其股息支付的结果!
A Different Perspective
不同的视角
While it's never nice to take a loss, YGSOFT shareholders can take comfort that , including dividends,their trailing twelve month loss of 3.4% wasn't as bad as the market loss of around 4.4%. Longer term investors wouldn't be so upset, since they would have made 19%, each year, over five years. In the best case scenario the last year is just a temporary blip on the journey to a brighter future. 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 1 warning sign with YGSOFT , and understanding them should be part of your investment process.
尽管亏损从来都不是一件好事,但YGSOFT的股东可以放心,包括分红在内,他们过去十二个月的3.4%的亏损没有4.4%左右的市场亏损那么严重。长期投资者不会那么沮丧,因为他们本可以在五年内每年获得19%的收入。在最好的情况下,去年只是通往更光明未来的短暂时刻。我发现从长远来看,将股价视为业务表现的代表非常有趣。但是,要真正获得见解,我们还需要考虑其他信息。例如,以永远存在的投资风险幽灵为例。我们已经在YGSOFT上发现了一个警告信号,理解它们应该成为您投资过程的一部分。
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).
如果你想与管理层一起购买股票,那么你可能会喜欢这份免费的公司名单。(提示:业内人士一直在购买它们)。
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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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。