We Ran A Stock Scan For Earnings Growth And PNC Process Systems (SHSE:603690) Passed With Ease
We Ran A Stock Scan For Earnings Growth And PNC Process Systems (SHSE:603690) Passed With Ease
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.
投資者通常以發現 “下一件大事” 的想法爲指導,即使這意味着在沒有任何收入的情況下購買 “故事股票”,更不用說獲利了。但現實是,當一家公司每年虧損時,在足夠長的時間內,其投資者通常會從虧損中分擔自己的份額。虧損的公司尚未用利潤證明自己,最終外部資本的流入可能會枯竭。
In contrast to all that, many investors prefer to focus on companies like PNC Process Systems (SHSE:603690), which has not only revenues, but also profits. While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing.
與此形成鮮明對比的是,許多投資者更願意關注像PNC過程系統(SHSE: 603690)這樣的公司,這些公司不僅有收入,還有利潤。儘管這並不一定說明其估值是否被低估,但該業務的盈利能力足以保證一定的升值——尤其是在其增長的情況下。
How Quickly Is PNC Process Systems Increasing Earnings Per Share?
PNC流程系統增加每股收益的速度有多快?
Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. That means EPS growth is considered a real positive by most successful long-term investors. Impressively, PNC Process Systems has grown EPS by 28% per year, compound, in the last three years. If the company can sustain that sort of growth, we'd expect shareholders to come away satisfied.
通常,每股收益(EPS)增長的公司的股價應該會出現類似的趨勢。這意味着大多數成功的長期投資者認爲每股收益增長確實是積極的。令人印象深刻的是,在過去三年中,PNC工藝系統的每股收益複合增長了28%。如果公司能夠維持這種增長,我們預計股東會感到滿意。
Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. EBIT margins for PNC Process Systems remained fairly unchanged over the last year, however the company should be pleased to report its revenue growth for the period of 22% to CN¥3.3b. That's progress.
仔細考慮收入增長和息稅前收益(EBIT)利潤率有助於爲近期利潤增長的可持續性提供信息。去年,PNC工藝系統的息稅前利潤率基本保持不變,但該公司應該樂於報告其收入增長22%,達到33億元人民幣。這就是進步。
In the chart below, you can see how the company has grown earnings and revenue, over time. To see the actual numbers, click on the chart.
在下圖中,您可以看到公司如何隨着時間的推移實現收益和收入的增長。要查看實際數字,請單擊圖表。
![earnings-and-revenue-history](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240327/0-52fe00b558754f9b3701932e8257e28d-0-737437f0f0854ab622f05e3e4bd627fb.png/big)
The trick, as an investor, is to find companies that are going to perform well in the future, not just in the past. While crystal balls don't exist, you can check our visualization of consensus analyst forecasts for PNC Process Systems' future EPS 100% free.
作爲投資者,訣竅是找到符合投資者的公司 去 將來表現良好,而不僅僅是過去。雖然不存在水晶球,但您可以100%免費查看我們對PNC工藝系統未來每股收益的共識預測的可視化。
Are PNC Process Systems Insiders Aligned With All Shareholders?
PNC流程系統內部人士是否與所有股東保持一致?
It should give investors a sense of security owning shares in a company if insiders also own shares, creating a close alignment their interests. Shareholders will be pleased by the fact that insiders own PNC Process Systems shares worth a considerable sum. Indeed, they have a considerable amount of wealth invested in it, currently valued at CN¥3.4b. This totals to 30% of shares in the company. Enough to lead management's decision making process down a path that brings the most benefit to shareholders. Very encouraging.
如果內部人士也擁有股份,這應該會給投資者一種擁有公司股份的安全感,從而使他們的利益緊密一致。股東們會對內部人士擁有價值可觀的PNC Process Systems股票感到高興。事實上,他們有大量財富投資於此,目前價值34億元人民幣。這總計佔該公司30%的股份。足以引導管理層的決策過程走上爲股東帶來最大利益的道路。非常令人鼓舞。
While it's always good to see some strong conviction in the company from insiders through heavy investment, it's also important for shareholders to ask if management compensation policies are reasonable. A brief analysis of the CEO compensation suggests they are. The median total compensation for CEOs of companies similar in size to PNC Process Systems, with market caps between CN¥7.2b and CN¥23b, is around CN¥1.3m.
儘管通過大量投資看到內部人士對公司抱有堅定的信心總是件好事,但股東詢問管理層薪酬政策是否合理也很重要。對首席執行官薪酬的簡要分析表明確實如此。規模與PNC流程系統公司首席執行官的總薪酬中位數約爲130萬元人民幣,市值在72億元人民幣至23億元人民幣之間。
The CEO of PNC Process Systems was paid just CN¥286k in total compensation for the year ending December 2022. This could be considered a token amount, and indicates that the company does not need to use payment to motivate the CEO - that is often a good sign. CEO remuneration levels are not the most important metric for investors, but when the pay is modest, that does support enhanced alignment between the CEO and the ordinary shareholders. It can also be a sign of good governance, more generally.
截至2022年12月的財年,PNC工藝系統首席執行官的總薪酬僅爲28.6萬元人民幣。這可以被視爲代幣金額,表明公司不需要使用付款來激勵首席執行官——這通常是一個好兆頭。首席執行官薪酬水平並不是投資者最重要的指標,但是當薪酬適度時,這確實支持加強首席執行官與普通股東之間的協調。更籠統地說,它也可以是善治的標誌。
Is PNC Process Systems Worth Keeping An Eye On?
PNC 工藝系統值得關注嗎?
You can't deny that PNC Process Systems has grown its earnings per share at a very impressive rate. That's attractive. If that's not enough, consider also that the CEO pay is quite reasonable, and insiders are well-invested alongside other shareholders. This may only be a fast rundown, but the key takeaway is that PNC Process Systems is worth keeping an eye on. It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with PNC Process Systems , and understanding them should be part of your investment process.
你不能否認PNC過程系統的每股收益以非常驚人的速度增長。這很有吸引力。如果這還不夠,還要考慮首席執行官的薪酬相當合理,內部人士與其他股東一起投資良好。這可能只是一個簡短的概述,但關鍵要點是PNC工藝系統值得關注。仍然有必要考慮永遠存在的投資風險幽靈。我們已經確定了PNC流程系統的兩個警告信號,了解它們應該是您投資過程的一部分。
Although PNC Process Systems certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with insider buying, then check out this handpicked selection of Chinese companies that not only boast of strong growth but have also seen recent insider buying..
儘管PNC Process Systems看起來確實不錯,但如果內部人士買入股票,它可能會吸引更多的投資者。如果你想看看有內幕買入的公司,那就看看這些精心挑選的中國公司,這些公司不僅擁有強勁的增長,而且最近也出現了內幕買盤。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
請注意,本文中討論的內幕交易是指相關司法管轄區內應報告的交易。
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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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。
譯文內容由第三人軟體翻譯。