Shandong Publishing&MediaLtd (SHSE:601019) Jumps 18% This Week, Though Earnings Growth Is Still Tracking Behind Three-year Shareholder Returns
Shandong Publishing&MediaLtd (SHSE:601019) Jumps 18% This Week, Though Earnings Growth Is Still Tracking Behind Three-year Shareholder Returns
By buying an index fund, investors can approximate the average market return. But if you pick the right individual stocks, you could make more than that. Just take a look at Shandong Publishing&Media Co.,Ltd (SHSE:601019), which is up 71%, over three years, soundly beating the market decline of 26% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 59% in the last year , including dividends .
通过购买指数基金,投资者可以估算出平均市场回报率。但是,如果你选择正确的个股,你的收入可能不止于此。看看山东出版传媒有限公司。, Ltd(上海证券交易所代码:601019)在三年内上涨了71%,大大超过了26%的市场跌幅(不包括股息)。但是,最近的回报并不那么令人印象深刻,该股去年的回报率仅为59%,包括股息。
Since it's been a strong week for Shandong Publishing&MediaLtd shareholders, let's have a look at trend of the longer term fundamentals.
由于对于山东出版和媒体TD股东来说,这是强劲的一周,让我们来看看长期基本面的走势。
Check out our latest analysis for Shandong Publishing&MediaLtd
查看我们对山东出版与媒体的最新分析
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. 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.
在他的文章中 格雷厄姆和多兹维尔的超级投资者 沃伦·巴菲特描述了股价如何并不总是合理地反映企业的价值。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。
During three years of share price growth, Shandong Publishing&MediaLtd achieved compound earnings per share growth of 14% per year. This EPS growth is lower than the 20% 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 three years ago. It is quite common to see investors become enamoured with a business, after a few years of solid progress.
在三年的股价增长中,山东出版传媒实现了每年14%的复合每股收益增长。每股收益的增长低于股价年均增长20%。因此,可以公平地假设市场对该业务的看法比三年前更高。在经历了几年的稳步进展之后,投资者对企业着迷是很常见的。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下图显示了 EPS 在一段时间内的跟踪情况(如果你点击图片,你可以看到更多细节)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240129/0-f6e2d072ba290d56b4d05a0440ae9431-0-690b61517c6405b76c353403ba6f08f6.png/big)
We know that Shandong Publishing&MediaLtd has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts.
我们知道山东出版与媒体有限公司最近提高了利润,但它会增加收入吗?您可以查看这份显示分析师收入预测的免费报告。
What About Dividends?
分红呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). 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. We note that for Shandong Publishing&MediaLtd the TSR over the last 3 years was 100%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return.
除了衡量股价回报率外,投资者还应考虑股东总回报率(TSR)。基于股息再投资的假设,股东总回报率纳入了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。我们注意到,对于山东出版传媒而言,过去三年的股东总回报率为100%,好于上述股价回报率。因此,该公司支付的股息提高了 总 股东回报。
A Different Perspective
不同的视角
It's nice to see that Shandong Publishing&MediaLtd shareholders have received a total shareholder return of 59% over the last year. That's including the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 9% per year), it would seem that the stock's performance has improved in recent times. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. It's always interesting to track share price performance over the longer term. But to understand Shandong Publishing&MediaLtd better, we need to consider many other factors. To that end, you should be aware of the 1 warning sign we've spotted with Shandong Publishing&MediaLtd .
很高兴看到山东出版传媒有限公司的股东在过去一年中获得了59%的总股东回报率。这包括股息。由于一年期股东总回报率好于五年期股东总回报率(后者为每年9%),因此该股的表现似乎在最近有所改善。鉴于股价势头仍然强劲,可能值得仔细研究该股,以免错过机会。长期跟踪股价表现总是很有意思的。但是,要更好地了解山东出版与媒体有限公司,我们需要考虑许多其他因素。为此,你应该注意我们在山东出版与媒体有限公司发现的1个警告信号。
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
对于那些喜欢寻找中奖投资的人来说,这份最近有内幕收购的成长型公司的免费名单可能只是门票。
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。