ShenZhen YUTO Packaging Technology (SZSE:002831) Shareholders Have Earned a 9.0% CAGR Over the Last Five Years
ShenZhen YUTO Packaging Technology (SZSE:002831) Shareholders Have Earned a 9.0% CAGR Over the Last Five Years
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And the truth is, you can make significant gains if you buy good quality businesses at the right price. To wit, the ShenZhen YUTO Packaging Technology share price has climbed 42% in five years, easily topping the market return of 9.9% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 12% in the last year, including dividends.
一般而言,積極選股的目的是尋找提供高於市場平均回報率的企業。事實是,如果您在適當的價格上購買優質企業,您可以獲得可觀的收益。例如,裕同科技的股價在五年內上漲了42%,遠超市場收益率9.9%(不包括股息)。然而,近期的回報率並不那麼令人印象深刻,該股在包括股息在內的上一年僅回報12%。
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
那麼,讓我們調查一下並查看公司的長期表現是否符合基本業務的進展。
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. 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).
儘管市場是一個強大的價格機制,但股票價格反映的不僅是潛在業務績效,還反映了投資者的情緒。 了解市場情緒隨時間的變化的一種方法是查看公司的股價與每股收益(EPS)之間的互動。
Over half a decade, ShenZhen YUTO Packaging Technology managed to grow its earnings per share at 8.0% a year. So the EPS growth rate is rather close to the annualized share price gain of 7% per year. This indicates that investor sentiment towards the company has not changed a great deal. In fact, the share price seems to largely reflect the EPS growth.
在五年的時間裏,裕同科技每股收益以年均8.0%的速度增長。因此,一年內股價升幅7%的年化增長率與EPS增長率相當接近。這表明投資者對公司的情緒並沒有發生太大變化。實際上,股價似乎在很大程度上反映了EPS增長。
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
下圖顯示了EPS隨時間變化的情況(點擊圖像以顯示確切值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240610/0-99092c1ccb8adb457c27b7c6fa30ed5d-0-3b416cda4f65569b1ca7fd9ab807dd70.png/big)
This free interactive report on ShenZhen YUTO Packaging Technology's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
如果您想進一步調查這支股票,那麼裕同科技的收益、營業收入和現金流免費互動報告是一個很好的起點。
What About Dividends?
那麼分紅怎麼樣呢?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. 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. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of ShenZhen YUTO Packaging Technology, it has a TSR of 54% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!
任何給定股票的總股東回報率以及股價回報率都是重要考慮因素。股價回報率僅反映股價變化,而TSR包括股息價值(假設在再投資情況下)以及任何折價增資或剝離的利益。可以說,TSR給出了股票生成的回報更全面的圖片。對於裕同科技,它過去5年的TSR爲54%,這超過了先前提到的股價回報。這主要是由於其股息支出所致!
A Different Perspective
不同的觀點
We're pleased to report that ShenZhen YUTO Packaging Technology shareholders have received a total shareholder return of 12% over one year. That's including the dividend. That gain is better than the annual TSR over five years, which is 9%. Therefore it seems like sentiment around the company has been positive lately. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. 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. Take risks, for example - ShenZhen YUTO Packaging Technology has 1 warning sign we think you should be aware of.
我們很高興地報告,裕同科技股東在一年內獲得了12%的總股東回報,包括股息在內。這個增長比五年的TSR(9%)要好。因此,最近的情緒似乎對該公司有利。一個持樂觀態度的人可以把TSR的最近改善看作是公司本身隨着時間的推移變得更好的跡象。我認爲長期來看股價是業務表現的一種代理。但是,爲了真正獲得洞察力,我們還需要考慮其他信息。例如,承擔風險 - 裕同科技有一個預警標誌,我們認爲您需要了解。
Of course ShenZhen YUTO Packaging Technology may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
當然,裕同科技可能不是最好的買入股票。因此,您可能希望查看這些增長型股票的免費收藏。
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上市的股票的市場加權平均回報。
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對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或電郵 editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。