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Yanlord Land Group (SGX:Z25) Adds S$106m to Market Cap in the Past 7 Days, Though Investors From Three Years Ago Are Still Down 58%

Yanlord Land Group (SGX:Z25) Adds S$106m to Market Cap in the Past 7 Days, Though Investors From Three Years Ago Are Still Down 58%

仁恒置地集團(SGX: Z25)在過去7天內市值增加了1.06億新元,儘管三年前的投資者仍下跌了58%
Simply Wall St ·  05/21 11:54

Yanlord Land Group Limited (SGX:Z25) shareholders should be happy to see the share price up 24% in the last month. But over the last three years we've seen a quite serious decline. Regrettably, the share price slid 61% in that period. So it is really good to see an improvement. Perhaps the company has turned over a new leaf.

仁恒置地集團有限公司(新加坡證券交易所股票代碼:Z25)的股東應該很高興看到上個月股價上漲了24%。但是在過去的三年中,我們看到了相當嚴重的下降。遺憾的是,在此期間,股價下跌了61%。因此,看到改善真是太好了。也許公司已經翻開了新的一頁。

While the last three years has been tough for Yanlord Land Group shareholders, this past week has shown signs of promise. So let's look at the longer term fundamentals and see if they've been the driver of the negative returns.

儘管過去三年對仁恒置地集團的股東來說是艱難的,但過去一週顯示出希望的跡象。因此,讓我們來看看長期基本面,看看它們是否是負回報的驅動力。

While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. 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.

儘管一些人繼續教導高效市場假說,但事實證明,市場是反應過度的動態系統,投資者並不總是理性的。通過比較每股收益(EPS)和一段時間內的股價變化,我們可以了解投資者對公司的態度是如何隨着時間的推移而變化的。

Yanlord Land Group saw its share price decline over the three years in which its EPS also dropped, falling to a loss. This was, in part, due to extraordinary items impacting earnings. Since the company has fallen to a loss making position, it's hard to compare the change in EPS with the share price change. However, we can say we'd expect to see a falling share price in this scenario.

仁恒置地集團的股價在三年中下跌,其每股收益也下降至虧損。部分原因是非同尋常的項目影響了收益。由於該公司已跌至虧損狀態,因此很難將每股收益的變化與股價的變化進行比較。但是,我們可以說,在這種情況下,我們預計股價將下跌。

You can see below how EPS has changed over time (discover the exact values by clicking on the image).

你可以在下面看到 EPS 是如何隨着時間的推移而變化的(點擊圖片發現確切的值)。

earnings-per-share-growth
SGX:Z25 Earnings Per Share Growth May 21st 2024
新加坡證券交易所:Z25 每股收益增長 2024 年 5 月 21 日

It's probably worth noting that the CEO is paid less than the median at similar sized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. It might be well worthwhile taking a look at our free report on Yanlord Land Group's earnings, revenue and cash flow.

可能值得注意的是,首席執行官的薪水低於類似規模公司的中位數。始終值得關注首席執行官的薪酬,但更重要的問題是公司多年來是否會增加收益。可能值得一看我們關於仁恒置地集團收益、收入和現金流的免費報告。

A Dividend Lost

股息損失

The share price return figures discussed above don't include the value of dividends paid previously, but the total shareholder return (TSR) does. In some ways, TSR is a better measure of how well an investment has performed. Yanlord Land Group's TSR over the last 3 years is -58%; better than its share price return. Even though the company isn't paying dividends at the moment, it has done in the past.

上面討論的股價回報率不包括先前支付的股息的價值,但包括股東總回報率(TSR)。在某些方面,股東總回報率可以更好地衡量投資的表現。仁恒置地集團過去三年的股東總回報率爲-58%;好於其股價回報率。儘管該公司目前沒有支付股息,但過去也這樣做過。

A Different Perspective

不同的視角

Yanlord Land Group shareholders are down 38% for the year, but the market itself is up 4.1%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 9% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. 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. Take risks, for example - Yanlord Land Group has 1 warning sign we think you should be aware of.

仁恒置地集團的股東今年下跌了38%,但市場本身上漲了4.1%。即使是優質股票的股價有時也會下跌,但我們希望在過於感興趣之前看到企業基本指標的改善。遺憾的是,去年的業績結束了糟糕的表現,股東在五年內每年面臨9%的總虧損。總的來說,長期股價疲軟可能是一個壞兆頭,儘管逆勢投資者可能希望研究該股以期出現轉機。我發現將長期股價視爲業務績效的代表非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。例如,冒險吧——仁恒置地集團有1個警告信號,我們認爲你應該注意。

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,通過尋找其他地方,你可能會找到一筆不錯的投資。因此,請看一下我們預計收益將增加的這份免費公司名單。

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Singaporean exchanges.

請注意,本文引用的市場回報反映了目前在新加坡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。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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