Optimism for Guangdong Construction Engineering Group (SZSE:002060) Has Grown This Past Week, Despite Three-year Decline in Earnings
Optimism for Guangdong Construction Engineering Group (SZSE:002060) Has Grown This Past Week, Despite Three-year Decline in Earnings
Guangdong Construction Engineering Group Co., Ltd. (SZSE:002060) shareholders might be concerned after seeing the share price drop 21% in the last quarter. But over three years, the returns would have left most investors smiling In the last three years the share price is up, 47%: better than the market.
广东建工集团股份有限公司(SZSE:002060)股东在看到上个季度股价下跌21%后可能会感到担忧。但是在三年内,回报会让大多数投资者微笑。在过去的三年中,股价上涨了47%:好于市场。
Since it's been a strong week for Guangdong Construction Engineering Group shareholders, let's have a look at trend of the longer term fundamentals.
由于对广东建工集团股东来说,这是强劲的一周,让我们来看看长期基本面的走势。
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
不可否认,市场有时是有效的,但价格并不总是能反映潜在的业务表现。评估公司情绪变化的一种有缺陷但合理的方法是将每股收益(EPS)与股价进行比较。
During the three years of share price growth, Guangdong Construction Engineering Group actually saw its earnings per share (EPS) drop 24% per year.
在股价增长的三年中,广东建工集团的每股收益(EPS)实际上每年下降24%。
So we doubt that the market is looking to EPS for its main judge of the company's value. Therefore, we think it's worth considering other metrics as well.
因此,我们怀疑市场是否将每股收益作为公司价值的主要判断者。因此,我们认为也值得考虑其他指标。
It could be that the revenue growth of 21% per year is viewed as evidence that Guangdong Construction Engineering Group is growing. If the company is being managed for the long term good, today's shareholders might be right to hold on.
每年21%的收入增长可能被视为广东建工集团增长的证据。如果公司的管理是为了长期利益,那么今天的股东坚持下去可能是正确的。
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
下图显示了收入和收入随时间推移的跟踪情况(如果您点击图片,可以看到更多细节)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240214/0-ca829ed76ec913a1a4b650a01e11c3ee-0-66cdeda34681b2b11a28d924b017b817.png/big)
You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.
您可以在这张免费的交互式图片中看到其资产负债表如何随着时间的推移而增强(或减弱)。
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. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for Guangdong Construction Engineering Group the TSR over the last 3 years was 54%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return.
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。尽管股价回报率仅反映股价的变化,但股东总回报率包括股息的价值(假设已进行再投资)以及任何折扣融资或分拆的收益。因此,对于支付丰厚股息的公司来说,股东总回报率通常远高于股价回报率。我们注意到,广东建工集团过去3年的股东总回报率为54%,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
We regret to report that Guangdong Construction Engineering Group shareholders are down 41% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 23%. Having said that, it's inevitable that some stocks will be oversold in a falling market. The key is to keep your eyes on the fundamental developments. On the bright side, long term shareholders have made money, with a gain of 6% 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. 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. Even so, be aware that Guangdong Construction Engineering Group is showing 4 warning signs in our investment analysis , and 2 of those can't be ignored...
我们遗憾地报告,广东建工集团的股东今年下跌了41%(甚至包括股息)。不幸的是,这比整个市场23%的跌幅还要严重。话虽如此,在下跌的市场中,一些股票不可避免地会被超卖。关键是要密切关注基本发展。好的一面是,长期股东赚了钱,在过去的五年中,每年增长6%。最近的抛售可能是一个机会,因此可能值得查看基本面数据以寻找长期增长趋势的迹象。我发现将长期股价视为业务绩效的代表非常有趣。但是,要真正获得见解,我们还需要考虑其他信息。即便如此,请注意,广东建工集团在我们的投资分析中显示了4个警告信号,其中2个不容忽视...
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
如果你像我一样,那么你不会想错过这份业内人士正在收购的成长型公司的免费名单。
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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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。