The Total Return for Shenzhen INVT ElectricLtd (SZSE:002334) Investors Has Risen Faster Than Earnings Growth Over the Last Five Years
The Total Return for Shenzhen INVT ElectricLtd (SZSE:002334) Investors Has Risen Faster Than Earnings Growth Over the Last Five Years
Shenzhen INVT Electric Co.,Ltd (SZSE:002334) shareholders might be concerned after seeing the share price drop 15% in the last quarter. But that scarcely detracts from the really solid long term returns generated by the company over five years. We think most investors would be happy with the 114% return, over that period. To some, the recent pullback wouldn't be surprising after such a fast rise. Ultimately business performance will determine whether the stock price continues the positive long term trend.
深圳市英特电气有限公司(SZSE：002334)股东在看到上个季度股价下跌15%后可能会感到担忧。但这几乎不会减损该公司在五年内产生的真正稳健的长期回报。我们认为，大多数投资者会对这段时间114%的回报率感到满意。对一些人来说，在如此快速的上涨之后，最近的回调并不令人意外。最终，企业业绩将决定股价是否继续保持积极的长期趋势。
Although Shenzhen INVT ElectricLtd has shed CN¥581m from its market cap this week, let's take a look at its longer term fundamental trends and see if they've driven returns.
尽管深圳INVT电气股份有限公司本周市值缩水5.81亿元，但让我们来看看其较长期的基本面趋势，看看它们是否推动了回报。
See our latest analysis for Shenzhen INVT ElectricLtd
查看我们对深圳INVT电气有限公司的最新分析
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' 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.
用巴菲特的话说，“船只将在世界各地航行，但平坦的地球协会将蓬勃发展。市场上的价格和价值之间将继续存在巨大的差异……”通过比较每股收益(EPS)和股价随时间的变化，我们可以感受到投资者对一家公司的态度随着时间的推移发生了怎样的变化。
During the five years of share price growth, Shenzhen INVT ElectricLtd moved from a loss to profitability. Sometimes, the start of profitability is a major inflection point that can signal fast earnings growth to come, which in turn justifies very strong share price gains.
在股价增长的五年中，深圳INVT电气有限公司从亏损转为盈利。有时，盈利的开始是一个主要的转折点，可能预示着即将到来的快速收益增长，这反过来又证明了非常强劲的股价上涨是合理的。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下图显示了EPS是如何随着时间的推移进行跟踪的(如果您点击该图像，您可以看到更多详细信息)。
It is of course excellent to see how Shenzhen INVT ElectricLtd has grown profits over the years, but the future is more important for shareholders. If you are thinking of buying or selling Shenzhen INVT ElectricLtd stock, you should check out this FREE detailed report on its balance sheet.
当然，看到深圳INVT电子有限公司多年来如何实现利润增长是非常好的，但对股东来说，未来更重要。如果你正在考虑买卖深圳INVT电气有限公司的股票，你应该看看这个免费关于其资产负债表的详细报告。
What About Dividends?
那股息呢？
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. 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. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Shenzhen INVT ElectricLtd the TSR over the last 5 years was 117%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return.
在考察投资回报时，重要的是要考虑到股东总回报(TSR)和股价回报。虽然股价回报只反映股价的变动，但TSR包括股息的价值(假设股息再投资)，以及任何折价集资或分拆所带来的利益。公平地说，TSR为支付股息的股票提供了更完整的图景。我们注意到，深圳INVT电气有限公司过去5年的TSR为117%，好于上述股价回报率。该公司支付的股息因此提振了总计股东回报。
A Different Perspective
不同的视角
While it's never nice to take a loss, Shenzhen INVT ElectricLtd shareholders can take comfort that , including dividends,their trailing twelve month loss of 1.7% wasn't as bad as the market loss of around 5.8%. Longer term investors wouldn't be so upset, since they would have made 17%, each year, over five years. In the best case scenario the last year is just a temporary blip on the journey to a brighter future. It's always interesting to track share price performance over the longer term. But to understand Shenzhen INVT ElectricLtd better, we need to consider many other factors. Take risks, for example - Shenzhen INVT ElectricLtd has 2 warning signs we think you should be aware of.
虽然亏损从来都不是好事，但深圳INVT ElectricLtd.的股东们可以感到欣慰的是，包括股息在内，他们过去12个月1.7%的亏损没有市场亏损5.8%左右那么糟糕。较长期的投资者不会如此沮丧，因为他们在五年内每年会获得17%的收益。在最好的情况下，去年只是通向更光明未来的旅途中的一个暂时的转折点。跟踪股价的长期表现总是很有趣的。但要更好地了解深圳英伟达电气有限公司，我们还需要考虑许多其他因素。以风险为例-深圳INVT电气有限公司2个警告标志我们认为你应该意识到。
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
如果你像我一样，你会的不想怀念这一切吗？免费内部人士正在收购的成长型公司名单。
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交易的股票的市场加权平均回报。
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本文由Simply Wall St.撰写，具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论，我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议，也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意，我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。