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Gree Real EstateLtd (SHSE:600185) Shareholder Returns Have Been Decent, Earning 86% in 5 Years

Gree Real EstateLtd (SHSE:600185) Shareholder Returns Have Been Decent, Earning 86% in 5 Years

Gree Real EstatelTD(SHSE: 600185)的股東回報率不錯,5年內收益爲86%
Simply Wall St ·  2023/10/31 19:05

When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying the right stocks can give your wealth a significant boost. For example, long term Gree Real Estate Co.,Ltd (SHSE:600185) shareholders have enjoyed a 83% share price rise over the last half decade, well in excess of the market return of around 32% (not including dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 24%.

當我們投資時,我們通常會尋找表現優於市場平均水準的股票。根據我們的經驗,購買合適的股票可以顯著增加你的財富。例如,長期格力置業有限公司(上交所:600185)股東在過去五年中股價上漲了83%,遠遠超過了約32%的市場回報率(不包括股息)。另一方面,最近的漲幅沒有那麼令人印象深刻,股東的漲幅僅為24%。

Since it's been a strong week for Gree Real EstateLtd shareholders, let's have a look at trend of the longer term fundamentals.

由於本週格力地產股東表現強勁,讓我們來看看較長期基本面的走勢。

Check out our latest analysis for Gree Real EstateLtd

查看我們對格力房地產有限公司的最新分析

While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. 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.

雖然市場是一種強大的定價機制,但股價反映的是投資者情緒,而不僅僅是潛在的企業表現。通過比較每股收益(EPS)和股價隨時間的變化,我們可以感受到投資者對一家公司的態度隨著時間的推移發生了怎樣的變化。

Gree Real EstateLtd's earnings per share are down 63% per year, despite strong share price performance over five years.

格力房地產有限公司的每股收益每年下降63%,儘管過去五年股價表現強勁。

This means it's unlikely the market is judging the company based on earnings growth. Because earnings per share don't seem to match up with the share price, we'll take a look at other metrics instead.

這意味著市場不太可能根據盈利增長來評判該公司。由於每股收益似乎與股價不匹配,我們將轉而看看其他指標。

The modest 1.4% dividend yield is unlikely to be propping up the share price. On the other hand, Gree Real EstateLtd's revenue is growing nicely, at a compound rate of 8.2% over the last five years. In that case, the company may be sacrificing current earnings per share to drive growth.

1.4%的適度股息收益率不太可能支撐股價。另一方面,格力房地產有限公司的收入增長良好,過去五年的復合增長率為8.2%。在這種情況下,該公司可能是在犧牲當前的每股收益來推動增長。

The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).

下圖描述了收益和收入隨時間的變化(通過單擊圖像來揭示確切的價值)。

earnings-and-revenue-growth
SHSE:600185 Earnings and Revenue Growth October 31st 2023
上海證交所:600185收益和收入增長2023年10月31日

If you are thinking of buying or selling Gree Real EstateLtd stock, you should check out this FREE detailed report on its balance sheet.

如果你正在考慮購買或出售格力房地產有限公司的股票,你應該看看這個免費關於其資產負債表的詳細報告。

What About Dividends?

那股息呢?

It is important to consider the total shareholder return, as well as the share price return, for any given stock. 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. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Gree Real EstateLtd the TSR over the last 5 years was 86%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return.

重要的是要考慮任何給定股票的總股東回報以及股價回報。TSR包括任何剝離或貼現融資的價值,以及任何股息,基於股息再投資的假設。公平地說,TSR為支付股息的股票提供了更完整的圖景。我們注意到,格力置業有限公司過去5年的總回報率為86%,好於上述股價回報率。該公司支付的股息因此提振了總計股東回報。

A Different Perspective

不同的視角

It's nice to see that Gree Real EstateLtd shareholders have received a total shareholder return of 24% over the last year. And that does include the dividend. That's better than the annualised return of 13% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. 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 for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Gree Real EstateLtd (at least 1 which can't be ignored) , and understanding them should be part of your investment process.

很高興看到格力房地產有限公司的股東在過去一年中獲得了24%的總股東回報。這確實包括了股息。這比過去五年13%的年化回報率要好,這意味著該公司最近的表現更好。在最好的情況下,這可能暗示著一些真正的商業勢頭,意味著現在可能是深入研究的好時機。我發現,把股價作為衡量企業業績的長期指標是非常有趣的。但為了真正獲得洞察力,我們還需要考慮其他資訊。例如,考慮一下無處不在的投資風險幽靈。我們已經確定了三個警告信號與格力房地產有限公司(至少1個不容忽視)合作,瞭解它們應該是你投資過程的一部分。

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).

如果你喜歡和管理層一起買股票,那麼你可能會喜歡這本書免費公司名單.(提示:內部人士一直在買入這些股票)。

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交易的股票的市場加權平均回報。

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.

對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫.或者,也可以給編輯組發電子郵件,地址是暗示Wallst.com。
本文由Simply Wall St.撰寫,具有概括性.我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議.它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況.我們的目標是為您帶來由基本面數據驅動的長期重點分析.請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內.Simply Wall St.對上述任何一隻股票都沒有持倉.

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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