Hangzhou Changchuan TechnologyLtd's (SZSE:300604) Five-year Earnings Growth Trails the Stellar Shareholder Returns
Hangzhou Changchuan TechnologyLtd's (SZSE:300604) Five-year Earnings Growth Trails the Stellar Shareholder Returns
When you buy a stock there is always a possibility that it could drop 100%. But when you pick a company that is really flourishing, you can make more than 100%. Long term Hangzhou Changchuan Technology Co.,Ltd (SZSE:300604) shareholders would be well aware of this, since the stock is up 216% in five years. It's also good to see the share price up 15% over the last quarter.
当你买入一只股票时,股票跌幅可能达到100%。而选择一家真正蓬勃发展的公司时,你可以赚取超过100%。长期持有长川科技股份有限公司(SZSE:300604)的股东们非常清楚,因为该股在五年内涨了216%。同时看到股价在上一个季度上涨了15%,也是非常好的。
After a strong gain in the past week, it's worth seeing if longer term returns have been driven by improving fundamentals.
在过去的一周之内,获得的强劲收益是否表明了长期回报受到基本面的推动值得关注。
Given that Hangzhou Changchuan TechnologyLtd only made minimal earnings in the last twelve months, we'll focus on revenue to gauge its business development. As a general rule, we think this kind of company is more comparable to loss-making stocks, since the actual profit is so low. For shareholders to have confidence a company will grow profits significantly, it must grow revenue.
鉴于长川科技股份有限公司过去十二个月仅获得微弱收益,我们将专注于营业收入以衡量其业务发展。一般来说,我们认为这种类型的公司更类似于亏损股票,因为实际利润非常低。股东必须对公司今后增长利润的信心十分有信心,它必须增长营业收入。
In the last 5 years Hangzhou Changchuan TechnologyLtd saw its revenue grow at 37% per year. That's well above most pre-profit companies. So it's not entirely surprising that the share price reflected this performance by increasing at a rate of 26% per year, in that time. So it seems likely that buyers have paid attention to the strong revenue growth. Hangzhou Changchuan TechnologyLtd seems like a high growth stock - so growth investors might want to add it to their watchlist.
在过去的5年中,长川科技股份有限公司的营业收入年增长率为37%,远高于大多数无利润公司。因此,股价以每年26%的速度增长,以反映其表现。因此,似乎有可能买家已关注强劲的收入增长。长川科技股份有限公司似乎是一只高增长的股票,因此成长型投资者可能希望将其加入他们的自选股。
You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).
你可以在下面的图片中看到收入和营业收入随时间的变化情况(单击图表可查看精确值)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240715/0-2abb13e2533fe8a6da6466637231603e-0-80b857cfc22adc2c9e02800363d094ba.png/big)
Take a more thorough look at Hangzhou Changchuan TechnologyLtd's financial health with this free report on its balance sheet.
通过免费报告查看长川科技股份有限公司的资产负债表,以更全面地了解其财务状况。
What About Dividends?
那么分红怎么样呢?
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. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for Hangzhou Changchuan TechnologyLtd the TSR over the last 5 years was 218%, 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!
对于任何一只股票,考虑到股东总回报和股价回报同等重要。而股价回报仅反映了股价的变化,TSR则包括股息价值(假设它们已被再投资)和任何折价融资或分拆的利益。因此,对于那些支付大量股息的公司,TSR通常比股价回报高得多。我们注意到,对于长川科技股份有限公司,过去5年的TSR为218%,这比上面提到的股价回报更好。当然,你猜得到,股息支付在很大程度上解释了这种差异!
A Different Perspective
不同的观点
While the broader market lost about 17% in the twelve months, Hangzhou Changchuan TechnologyLtd shareholders did even worse, losing 27% (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 26% 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. It's always interesting to track share price performance over the longer term. But to understand Hangzhou Changchuan TechnologyLtd better, we need to consider many other factors. For example, we've discovered 3 warning signs for Hangzhou Changchuan TechnologyLtd (1 is a bit concerning!) that you should be aware of before investing here.
尽管整个市场在过去12个月损失约17%,长川科技股份有限公司的股东损失更大,损失了27%(即使包括股息)。然而,这可能仅仅是股价受到更广泛市场的影响。所以,值得关注这些基本面信息,以寻找一个好机会。从好的一面看,长期股东在过去的5年里赚了钱,每年增长了26%。最近的抛售可能是一个机会,因此值得查看基本数据,了解长期的增长趋势。跟踪较长时间内的股价表现总是有趣的,但是为了更好地理解长川科技股份有限公司,我们需要考虑许多其他因素。例如,我们发现了3个警告信号,其中1个有点令人担忧!在此投资之前,您应该了解这些警告信号。
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.
如果您愿意查看另一家公司(具有潜在的更好财务状况),请不要错过这个免费的公司列表,证明它们可以增长收益。
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上市的股票的市场加权平均回报。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
对本文有反馈?对内容感到担忧?请直接与我们联系。或者,发送电子邮件至editorial-team (at) simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有反馈?对内容感到担忧?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。