Dalian Thermal PowerLtd (SHSE:600719) Shareholders YoY Returns Are Lagging the Company's 99% Three-year Earnings Growth
Dalian Thermal PowerLtd (SHSE:600719) Shareholders YoY Returns Are Lagging the Company's 99% Three-year Earnings Growth
It might be of some concern to shareholders to see the Dalian Thermal Power Co.,Ltd. (SHSE:600719) share price down 21% in the last month. But in three years the returns have been great. In fact, the share price is up a full 142% compared to three years ago. It's not uncommon to see a share price retrace a bit, after a big gain. If the business can perform well for years to come, then the recent drop could be an opportunity.
大連熱電股份有限公司(SHSE:600719)股價在過去一個月下跌了21%,可能引起股東們的一些擔憂。但這家公司在過去三年的回報非常出色。實際上,股價比三年前上漲了整整142%。目前出現小幅回調,這種情況在大漲之後很常見。如果這家公司未來多年業務能夠表現良好,那麼近期的下跌可能是機會。
In light of the stock dropping 10% in the past week, we want to investigate the longer term story, and see if fundamentals have been the driver of the company's positive three-year return.
鑑於股價在過去一週下跌了10%,我們希望調查長期的情況,並查看基本面是否是公司三年回報的推動因素。
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. 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.
在他的文章《格雷厄姆-多德斯維爾的超級投資人》中,禾倫·巴菲特描述了股票價格並不總是理性地反映公司價值的情況。一種有缺陷但合理的評估公司情緒如何變化的方法是將每股收益(EPS)與股票價格進行比較。
During three years of share price growth, Dalian Thermal PowerLtd moved from a loss to profitability. Given the importance of this milestone, it's not overly surprising that the share price has increased strongly.
在三年的股價增長期間,大連熱電股份有限公司從虧損轉爲盈利,因此股價強勁上漲並不令人過度驚訝。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下圖顯示了EPS隨時間的變化情況(如果您單擊該圖像,則可以查看更多詳細信息)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240716/0-932818f040a0bd47fa3d827467f5e10c-0-18df7d2391695c809f02a9e3732d19ba.png/big)
We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. It might be well worthwhile taking a look at our free report on Dalian Thermal PowerLtd's earnings, revenue and cash flow.
我們很高興地報道,該公司首席執行官的報酬相對於資本相似的公司的多數CEO而言較爲適中。但是,儘管CEO的薪酬值得檢查,但真正重要的問題是該公司是否能夠增長收益。如果您想了解關於大連熱電股份有限公司收益、營業收入和現金流的免費報告,請點擊我們網站。
A Different Perspective
不同的觀點
The total return of 15% received by Dalian Thermal PowerLtd shareholders over the last year isn't far from the market return of -17%. Longer term investors wouldn't be so upset, since they would have made 10%, each year, over five years. If the stock price has been impacted by changing sentiment, rather than deteriorating business conditions, it could spell opportunity. 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. Consider risks, for instance. Every company has them, and we've spotted 3 warning signs for Dalian Thermal PowerLtd you should know about.
過去一年大連熱電股份有限公司股東獲得的總回報爲15%,距離市場回報-17%並不遠。長期投資者則不會感到太不安心,因爲他們每年都可以獲得10%的回報,超過了五年。如果股價受到情緒變化的影響,而不是業務條件惡化的影響,就可能意味着機會。我發現長期的股價是業務表現的一種代理。但要真正獲得洞察力,我們需要考慮其他信息。例如,考慮風險。每家公司都有風險,我們已經發現了三個關於大連熱電股份有限公司的警告信號,您應該知道。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.
當然,您可能在其他地方找到一家出色的企業進行投資。因此,請查看我們預計將實現盈利增長的公司的免費列表。
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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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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。