Longhua Technology GroupLtd's (SZSE:300263) Five-year Total Shareholder Returns Outpace the Underlying Earnings Growth
Longhua Technology GroupLtd's (SZSE:300263) Five-year Total Shareholder Returns Outpace the Underlying Earnings Growth
While Longhua Technology Group Co.,Ltd. (SZSE:300263) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 23% in the last quarter. Looking further back, the stock has generated good profits over five years. After all, the share price is up a market-beating 39% in that time. Unfortunately not all shareholders will have held it for the long term, so spare a thought for those caught in the 38% decline over the last twelve months.
而龍華科技集團有限公司, Ltd.(深圳證券交易所代碼:300263)的股東們可能普遍感到高興,該股最近表現不佳,上個季度股價下跌了23%。再往前看,該股在五年內創造了可觀的利潤。畢竟,當時股價上漲了39%,超過了市場。不幸的是,並非所有股東都會長揸該股票,因此請多考慮那些在過去十二個月中跌幅爲38%的股東。
While this past week has detracted from the company's five-year return, let's look at the recent trends of the underlying business and see if the gains have been in alignment.
儘管過去一週減損了該公司的五年回報率,但讓我們來看看基礎業務的最新趨勢,看看漲幅是否一致。
View our latest analysis for Longhua Technology GroupLtd
查看我們對龍華科技集團有限公司的最新分析
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 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).
引用巴菲特的話說:“船隻將在世界各地航行,但Flat Earth Society將蓬勃發展。市場上的價格和價值之間將繼續存在巨大差異...”研究市場情緒如何隨着時間的推移而變化的一種方法是研究公司股價與其每股收益(EPS)之間的相互作用。
Over half a decade, Longhua Technology GroupLtd managed to grow its earnings per share at 1.0% a year. This EPS growth is lower than the 7% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth. This favorable sentiment is reflected in its (fairly optimistic) P/E ratio of 55.88.
在過去的五年中,龍華科技集團有限公司設法將其每股收益增長到每年1.0%。每股收益的增長低於股價年均增長7%。這表明,如今,市場參與者對公司的重視程度更高。考慮到五年的收益增長記錄,這並不一定令人驚訝。這種積極情緒反映在其(相當樂觀的)市盈率55.88上。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下圖顯示了 EPS 在一段時間內的跟蹤情況(如果你點擊圖片,你可以看到更多細節)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240201/0-d4d01a15b6378ccd2b1d353e9ae7704f-0-dc1f02c7cee9778241fb7a03b69b954e.png/big)
It might be well worthwhile taking a look at our free report on Longhua Technology GroupLtd's earnings, revenue and cash flow.
可能值得一看我們關於龍華科技集團有限公司收益、收入和現金流的免費報告。
What About Dividends?
分紅呢?
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. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for Longhua Technology GroupLtd the TSR over the last 5 years was 41%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence!
在考慮投資回報時,重要的是要考慮兩者之間的區別 股東總回報 (TSR) 和 股價回報。股東總回報率是一種回報計算方法,它考慮了現金分紅的價值(假設收到的任何股息都經過再投資)以及任何貼現資本籌集和分拆的計算價值。因此,對於支付豐厚股息的公司來說,股東總回報率通常遠高於股價回報率。我們注意到,龍華科技集團有限公司過去5年的股東總回報率爲41%,好於上述股價回報率。而且,猜測股息支付在很大程度上解釋了這種分歧是沒有好處的!
A Different Perspective
不同的視角
While the broader market lost about 21% in the twelve months, Longhua Technology GroupLtd shareholders did even worse, losing 38% (even including dividends). However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 7% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. 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. To that end, you should be aware of the 2 warning signs we've spotted with Longhua Technology GroupLtd .
儘管整個市場在十二個月中下跌了約21%,但龍華科技集團有限公司股東的表現甚至更糟,損失了38%(甚至包括股息)。但是,可能只是股價受到了更廣泛的市場緊張情緒的影響。如果有很好的機會,可能值得關注基本面。好的一面是,長期股東賺了錢,在過去的五年中,每年增長7%。如果基本面數據繼續顯示長期可持續增長,那麼當前的拋售可能是一個值得考慮的機會。儘管市場狀況可能對股價產生的不同影響值得考慮,但還有其他因素更爲重要。爲此,你應該注意我們在龍華科技集團有限公司發現的兩個警告標誌。
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
對於那些喜歡尋找中獎投資的人來說,這份最近有內幕收購的成長型公司的免費名單可能只是門票。
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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對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。