Henan Shuanghui Investment & DevelopmentLtd (SZSE:000895) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Three Years, but the Stock Climbs 4.0% This Past Week
Henan Shuanghui Investment & DevelopmentLtd (SZSE:000895) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Three Years, but the Stock Climbs 4.0% This Past Week
While not a mind-blowing move, it is good to see that the Henan Shuanghui Investment & Development Co.,Ltd. (SZSE:000895) share price has gained 14% in the last three months. But that doesn't change the fact that the returns over the last three years haven't been great. To be specific, the share price is a full 23% lower, while the market is down , with a return of (-22%)..
虽然不是一个令人兴奋的举动,但很高兴看到河南双汇投资开发有限公司, Ltd.(深圳证券交易所股票代码:000895)的股价在过去三个月中上涨了14%。但这并不能改变过去三年回报不佳的事实。具体而言,股价下跌了整整23%,而市场下跌,回报率为(-22%)。
Although the past week has been more reassuring for shareholders, they're still in the red over the last three years, so let's see if the underlying business has been responsible for the decline.
尽管过去一周令股东更加放心,但在过去三年中,他们仍处于亏损状态,所以让我们看看基础业务是否是造成下降的原因。
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. 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.
尽管一些人继续教导高效市场假说,但事实证明,市场是反应过度的动态系统,投资者并不总是理性的。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。
Henan Shuanghui Investment & DevelopmentLtd saw its EPS decline at a compound rate of 4.3% per year, over the last three years. This reduction in EPS is slower than the 14% annual reduction in the share price. So it seems the market was too confident about the business, in the past.
在过去三年中,河南双汇投资开发有限公司的每股收益复合下降幅度为每年4.3%。每股收益的下降低于股价每年下降14%的速度。因此,过去市场似乎对该业务过于自信。
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
下图描述了 EPS 随着时间的推移是如何变化的(点击图片可以看到确切的值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240224/0-9cae31e9160a2838e2f1dbc7671324a3-0-1df304391d327fd93b633cd6e4ed34d0.png/big)
This free interactive report on Henan Shuanghui Investment & DevelopmentLtd's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
如果你想进一步调查该股,这份关于河南双汇投资开发有限公司收益、收入和现金流的免费互动报告是一个很好的起点。
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. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for Henan Shuanghui Investment & DevelopmentLtd the TSR over the last 3 years was -23%, 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!
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。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,河南双汇投资开发有限公司在过去3年的股东总回报率为-23%,好于上述股价回报率。而且,猜测股息支付在很大程度上解释了这种分歧是没有好处的!
A Different Perspective
不同的视角
It's good to see that Henan Shuanghui Investment & DevelopmentLtd has rewarded shareholders with a total shareholder return of 20% in the last twelve months. That's including the dividend. That's better than the annualised return of 9% over half a decade, implying that the company is doing better recently. 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 Henan Shuanghui Investment & DevelopmentLtd better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Henan Shuanghui Investment & DevelopmentLtd you should know about.
很高兴看到河南双汇投资开发有限公司在过去十二个月中向股东提供了20%的总股东回报率。这包括股息。这比五年来9%的年化回报率要好,这意味着该公司最近的表现更好。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,要更好地了解河南双汇投资开发有限公司,我们需要考虑许多其他因素。例如,考虑风险。每家公司都有它们,我们已经发现了一个你应该知道的河南双汇投资开发有限公司的警告标志。
Of course Henan Shuanghui Investment & DevelopmentLtd may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,河南双汇投资开发有限公司可能不是最好的买入股票。因此,您可能希望看到这批免费的成长股。
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。