Concerns Surrounding Jinan Shengquan Group Share Holding's (SHSE:605589) Performance
Concerns Surrounding Jinan Shengquan Group Share Holding's (SHSE:605589) Performance
Jinan Shengquan Group Share Holding Co., Ltd.'s (SHSE:605589) robust recent earnings didn't do much to move the stock. However the statutory profit number doesn't tell the whole story, and we have found some factors which might be of concern to shareholders.
济南圣泉集团股份控股有限公司s（上海证券交易所代码：605589）近期强劲的收益并没有对该股产生太大影响。但是，法定利润数字并不能说明全部情况，我们发现了一些可能引起股东关注的因素。
To understand the value of a company's earnings growth, it is imperative to consider any dilution of shareholders' interests. Jinan Shengquan Group Share Holding expanded the number of shares on issue by 8.1% over the last year. Therefore, each share now receives a smaller portion of profit. To celebrate net income while ignoring dilution is like rejoicing because you have a single slice of a larger pizza, but ignoring the fact that the pizza is now cut into many more slices. Check out Jinan Shengquan Group Share Holding's historical EPS growth by clicking on this link.
要了解公司收益增长的价值，必须考虑削弱股东的利益。济南圣泉集团股份控股公司去年将已发行股票数量增加了8.1％。因此，每股现在获得的利润比例较小。在庆祝净收入的同时忽略稀释就像欢欣鼓舞，因为你只有一片更大的披萨，但却忽略了披萨现在被切成更多片的事实。点击此链接，查看济南圣泉集团股份控股的历史每股收益增长。
How Is Dilution Impacting Jinan Shengquan Group Share Holding's Earnings Per Share (EPS)?
稀释如何影响济南圣泉集团股份控股的每股收益（EPS）？
Unfortunately, Jinan Shengquan Group Share Holding's profit is down 10% per year over three years. On the bright side, in the last twelve months it grew profit by 12%. On the other hand, earnings per share are only up 12% over the same period. And so, you can see quite clearly that dilution is influencing shareholder earnings.
不幸的是，济南圣泉集团股份控股公司的利润在三年内每年下降10％。好的一面是，在过去的十二个月中，它的利润增长了12％。另一方面，收入 每股 同期仅上涨了12％。因此，你可以清楚地看到稀释正在影响股东收益。
Changes in the share price do tend to reflect changes in earnings per share, in the long run. So it will certainly be a positive for shareholders if Jinan Shengquan Group Share Holding can grow EPS persistently. But on the other hand, we'd be far less excited to learn profit (but not EPS) was improving. For the ordinary retail shareholder, EPS is a great measure to check your hypothetical "share" of the company's profit.
从长远来看，股价的变化往往会反映每股收益的变化。因此，如果济南圣泉集团股份控股能够持续增长每股收益，这对股东来说肯定是利好的。但另一方面，得知利润（但不是每股收益）在改善，我们就不那么兴奋了。对于普通零售股东来说，每股收益是检查您假设的公司利润 “份额” 的好方法。
That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.
这可能会让你想知道分析师对未来盈利能力的预测。幸运的是，您可以单击此处查看根据他们的估计描绘未来盈利能力的交互式图表。
Our Take On Jinan Shengquan Group Share Holding's Profit Performance
我们对济南圣泉集团股份控股盈利表现的看法
Jinan Shengquan Group Share Holding shareholders should keep in mind how many new shares it is issuing, because, dilution clearly has the power to severely impact shareholder returns. Therefore, it seems possible to us that Jinan Shengquan Group Share Holding's true underlying earnings power is actually less than its statutory profit. But at least holders can take some solace from the 12% EPS growth in the last year. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. For example, we've discovered 2 warning signs that you should run your eye over to get a better picture of Jinan Shengquan Group Share Holding.
济南圣泉集团股份控股股东应记住其发行了多少新股，因为，稀释显然会严重影响股东的回报。因此，在我们看来，济南圣泉集团股份控股的真正基础盈利能力实际上可能低于其法定利润。但至少持有人可以从去年12％的每股收益增长中得到一些安慰。当然，我们只是在分析其收益时才浮出水面；人们还可以考虑利润率、预测增长和投资回报率等因素。考虑到这一点，除非我们对风险有透彻的了解，否则我们不会考虑投资股票。例如，我们发现了两个警告信号，为了更好地了解济南圣泉集团的股份，你应该仔细检查一下。
Today we've zoomed in on a single data point to better understand the nature of Jinan Shengquan Group Share Holding's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks that insiders are buying to be useful.
今天，我们放大了单一数据点，以更好地了解济南圣泉集团股份控股利润的性质。但是，还有很多其他方法可以让你对公司的看法。有些人认为高股本回报率是优质业务的好兆头。虽然可能需要你进行一些研究，但你可能会发现这份免费收集的拥有高股本回报率的公司，或者这份内部人士正在购买的股票清单很有用。
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论，我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议，也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意，我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之，华尔街没有持有任何上述股票的头寸。
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