Qingdao Huicheng Environmental Technology Group's (SZSE:300779) Three-year Total Shareholder Returns Outpace the Underlying Earnings Growth
Qingdao Huicheng Environmental Technology Group's (SZSE:300779) Three-year Total Shareholder Returns Outpace the Underlying Earnings Growth
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But if you buy shares in a really great company, you can more than double your money. For example, the Qingdao Huicheng Environmental Technology Group Co., Ltd. (SZSE:300779) share price has soared 223% in the last three years. Most would be happy with that. In the last week shares have slid back 4.8%.
購買一家公司的股票後(假設沒有槓桿),最糟糕的結果就是你失去了所有投入的錢。但如果你購買了一家真正偉大的公司的股票,你的錢可能會增加一倍以上。例如,青島惠城環保科技股份有限公司(SZSE:300779)的股價在過去三年中飆升223%。大多數人會爲此感到高興。在過去一週,股票下跌了4.8%。
Since the long term performance has been good but there's been a recent pullback of 4.8%, let's check if the fundamentals match the share price.
由於長期表現良好,但最近回調了4.8%,讓我們檢查一下基本面是否與股票價格相匹配。
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. 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.
爲了概述本傑明·格雷厄姆(Benjamin Graham)的話:短期內,市場是一臺投票機,但長期來看,它是一臺衡重機。思考一家公司的市場感知如何轉變的一種不完美但簡單的方法是將每股收益(EPS)變化與股價變動進行比較。
During three years of share price growth, Qingdao Huicheng Environmental Technology Group achieved compound earnings per share growth of 43% per year. We note that the 48% yearly (average) share price gain isn't too far from the EPS growth rate. Coincidence? Probably not. That suggests that the market sentiment around the company hasn't changed much over that time. Au contraire, the share price change has arguably mimicked the EPS growth.
在三年的股票價格上漲期間,青島惠城環保科技實現了每年43%的複合每股收益增長。我們注意到,每年平均48%的股票漲幅距離每股收益增長率並不遠。巧合嗎?可能不是。這表明公司的市場情緒在那段時間基本沒有改變。反之,股價變動可能與每股收益增長相似。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
下面可以看到每股收益隨時間的變化情況(通過點擊圖像來查看確切數值)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240811/0-734864cae2ed3a29b5d2b40de5b5a045-0-3b5ddcdddb873dfaf86db1c3e82d32f3.png/big)
We know that Qingdao Huicheng Environmental Technology Group has improved its bottom line over the last three years, but what does the future have in store? You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.
我們知道,青島惠城環保科技在過去三年中改善了其底線,但未來會發生什麼呢?您可以在此免費的交互式圖表中查看其資產負債表隨着時間的推移而變得更加強有力(或變弱)。
A Different Perspective
不同的觀點
It's good to see that Qingdao Huicheng Environmental Technology Group has rewarded shareholders with a total shareholder return of 16% in the last twelve months. Of course, that includes the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 11% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Like risks, for instance. Every company has them, and we've spotted 4 warning signs for Qingdao Huicheng Environmental Technology Group (of which 2 make us uncomfortable!) you should know about.
很高興看到青島惠城環保科技在過去十二個月裏以16%的總股東回報獎勵股東。當然,其中也包括股息。由於一年的TSR優於五年的TSR(後者年均爲11%),因此股票的表現似乎在最近有所改善。在最好的情況下,這可能暗示着一些真正的業務動力,這意味着現在深入挖掘的時間可能很好。儘管考慮市場條件可能對股價產生的不同影響是值得的,但還有其他更爲重要的因素。像風險一樣。每個公司都有,我們發現了青島惠城環保科技的4個警告標誌(其中有2個讓我們感到不舒服!)你應該了解。
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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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。