Investors in Chongqing Water GroupLtd (SHSE:601158) Have Seen Returns of 14% Over the Past Five Years
Investors in Chongqing Water GroupLtd (SHSE:601158) Have Seen Returns of 14% Over the Past Five Years
The main aim of stock picking is to find the market-beating stocks. But in any portfolio, there will be mixed results between individual stocks. At this point some shareholders may be questioning their investment in Chongqing Water Group Co.,Ltd. (SHSE:601158), since the last five years saw the share price fall 10%.
选股的主要目的是寻找市场领先的股票。但是在任何投资组合中,个股之间的结果都会好坏参半。此时,一些股东可能会质疑他们对重庆水务集团有限公司的投资。, Ltd.(上海证券交易所代码:601158),自过去五年股价下跌10%以来。
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.
考虑到这一点,值得一看公司的基本面是否是长期业绩的驱动力,或者是否存在一些差异。
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. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
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。通过比较每股收益(EPS)和一段时间内的股价变化,我们可以了解投资者对公司的态度是如何随着时间的推移而变化的。
Looking back five years, both Chongqing Water GroupLtd's share price and EPS declined; the latter at a rate of 3.3% per year. The share price decline of 2% per year isn't as bad as the EPS decline. So the market may previously have expected a drop, or else it expects the situation will improve.
回顾五年,重庆水务集团有限公司的股价和每股收益均有所下降;后者每年下降3.3%。股价每年下跌2%,没有每股收益的下降那么严重。因此,市场此前可能曾预计会下跌,否则预计情况会有所改善。
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/7781/20240326/0-c92c24ebdbababe8e6abecce8f21014c-0-9672dc2b57263cd02db1512a9871fdd0.png/big)
It's probably worth noting that the CEO is paid less than the median at similar sized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here..
可能值得注意的是,首席执行官的薪水低于类似规模公司的中位数。一直值得关注首席执行官的薪酬,但更重要的问题是公司多年来是否会增加收益。在买入或卖出股票之前,我们始终建议仔细研究历史增长趋势,可在此处查阅。
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. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Chongqing Water GroupLtd, it has a TSR of 14% for the last 5 years. That exceeds its share price return that we previously mentioned. 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。可以说,股东总回报率更全面地描述了股票产生的回报。以重庆水务集团有限公司为例,其过去5年的股东回报率为14%。这超过了我们之前提到的其股价回报率。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're pleased to report that Chongqing Water GroupLtd shareholders have received a total shareholder return of 7.4% over one year. That's including the dividend. That gain is better than the annual TSR over five years, which is 3%. Therefore it seems like sentiment around the company has been positive lately. 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 Chongqing Water GroupLtd better, we need to consider many other factors. To that end, you should be aware of the 1 warning sign we've spotted with Chongqing Water GroupLtd .
我们很高兴地报告,重庆水务集团有限公司的股东在一年内获得了 7.4% 的总股东回报率。这包括股息。这一增幅好于五年内的年度股东总回报率,即3%。因此,最近公司周围的情绪似乎一直很乐观。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,要更好地了解重庆水务集团有限公司,我们需要考虑许多其他因素。为此,你应该注意我们在重庆水务集团有限公司发现的1个警告标志。
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.
如果你想看看另一家公司——一家财务状况可能优异的公司——那么千万不要错过这份已经证明自己可以增加收益的公司的免费名单。
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。