<p>作为投资者，确保你的整体投资组合超过市场平均水平是值得努力的目标。但股票选择的风险在于，你可能会购买表现不佳的公司。我们遗憾地报告，长期持有 <strong>Entain Plc</strong> (LON:ENT) 的股东经历了这样的情况，股价在三年内下跌了 42%，而市场回报约为 45%。最近，股东们的处境更加艰难，股价在过去 90 天内下跌了 13%。</p>
<p>那么，让我们看看公司的长期表现是否与其基本业务的进展相符。</p>
<p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
<p>尽管有效市场假说仍然被一些人教授，但已经证明市场是过度反应的动态系统，投资者并不总是理性。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公司的态度是如何随着时间的推移而变化的。</p>
<p>我们知道，Entain 过去是盈利的。另一方面，它报告了过去 12 个月的亏损，这表明它并不可靠地盈利。其他指标可能会让我们更好地了解其价值随时间的变化。</p>
<p>我们注意到，在三年内，收入实际上以 7.6% 的年增长率增长，因此这似乎不是出售股票的理由。可能值得进一步调查 Entain；虽然我们可能在这个分析中遗漏了一些东西，但也可能存在机会。</p>
<p>公司的收入和收益（随时间变化）在下面的图像中显示（点击查看确切数字）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/13759215-earnings-and-revenue-growth-1-dark-2/1766222035891?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1642" height="1048" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/13759215-earnings-and-revenue-growth-1-dark-2/1766222035891"/></p>
<p>LSE:ENT 收益和收入增长 2025 年 12 月 20 日</p>
<p>Entain 是一只知名股票，拥有大量分析师覆盖，表明对未来增长有一定的可见性。因此，查看分析师对 Entain 未来收益的看法是非常有意义的（免费分析师共识估计）。</p>
<h2>股息情况如何？</h2>
<p>考虑任何给定股票的总股东回报以及股价回报是很重要的。总股东回报（TSR）是一种回报计算，考虑了现金股息的价值（假设收到的任何股息都被再投资）以及任何折扣融资和分拆的计算价值。可以说，TSR 提供了股票产生回报的更全面的图景。在 Entain 的情况下，过去三年的 TSR 为-38%。这超过了我们之前提到的股价回报。并且不难猜测，股息支付在很大程度上解释了这种差异！</p>
<h2>不同的视角</h2>
<p>Entain 的股东在这一年中上涨了 9.5%（包括股息）。但这个回报低于市场。不过，至少这仍然是一个收益！在五年内，TSR 每年减少 5%。所以这可能是业务扭转局面的迹象。长期跟踪股价表现总是很有趣。但要更好地理解 Entain，我们需要考虑许多其他因素。例如，我们发现了 <strong>Entain 的 1 个警告信号</strong>，在投资之前你应该注意。</p>
<p>当然，<strong>你可能会通过寻找其他地方找到一个绝佳的投资机会。</strong> 所以看看这个 <strong>免费的</strong> 公司名单，我们预计这些公司将会增长收益。</p>
<p><em>请注意，本文中引用的市场回报反映了当前在英国交易所交易的股票的市场加权平均回报。</em></p>
<p>用于国防和灾难的移动基础设施</p>
<p>下一波机器人技术不是类人型的。它是完全自主的塔，在 30 分钟内提供 5G、ISR 和雷达，随处可用。</p>
<p>在下一轮合同之前获取投资者简报</p>
<p>代表 CiTech 赞助</p>

GMVHY

<p>Entain Plc (LON:ENT) 的股东在三年内经历了 42% 的股价下跌，表现不及市场的 45% 回报。尽管年收入增长 7.6%，但公司报告了过去十二个月的亏损。三年内的总股东回报率（TSR）为-38%，主要由于股息支付。然而，股东在今年的回报率为 9.5%，显示出潜在的复苏迹象</p>

<p>As an investor its worth striving to ensure your overall portfolio beats the market average. But the risk of stock picking is that you will likely buy under-performing companies. We regret to report that long term <strong>Entain Plc</strong> (LON:ENT) shareholders have had that experience, with the share price dropping 42% in three years, versus a market return of about 45%. Shareholders have had an even rougher run lately, with the share price down 13% in the last 90 days.</p>
<div class="lb-trans"><p>作为投资者，确保你的整体投资组合超过市场平均水平是值得努力的目标。但股票选择的风险在于，你可能会购买表现不佳的公司。我们遗憾地报告，长期持有 <strong>Entain Plc</strong> (LON:ENT) 的股东经历了这样的情况，股价在三年内下跌了 42%，而市场回报约为 45%。最近，股东们的处境更加艰难，股价在过去 90 天内下跌了 13%。</p>
</div><p>So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress.</p>
<div class="lb-trans"><p>那么，让我们看看公司的长期表现是否与其基本业务的进展相符。</p>
</div><p>This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.</p>
<div class="lb-trans"><p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
</div><p>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.</p>
<div class="lb-trans"><p>尽管有效市场假说仍然被一些人教授，但已经证明市场是过度反应的动态系统，投资者并不总是理性。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公司的态度是如何随着时间的推移而变化的。</p>
</div><p>We know that Entain has been profitable in the past. On the other hand, it reported a trailing twelve months loss, suggesting it isn't reliably profitable. Other metrics might give us a better handle on how its value is changing over time.</p>
<div class="lb-trans"><p>我们知道，Entain 过去是盈利的。另一方面，它报告了过去 12 个月的亏损，这表明它并不可靠地盈利。其他指标可能会让我们更好地了解其价值随时间的变化。</p>
</div><p>We note that, in three years, revenue has actually grown at a 7.6% annual rate, so that doesn't seem to be a reason to sell shares. It's probably worth investigating Entain further; while we may be missing something on this analysis, there might also be an opportunity.</p>
<div class="lb-trans"><p>我们注意到，在三年内，收入实际上以 7.6% 的年增长率增长，因此这似乎不是出售股票的理由。可能值得进一步调查 Entain；虽然我们可能在这个分析中遗漏了一些东西，但也可能存在机会。</p>
</div><p>The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).</p>
<div class="lb-trans"><p>公司的收入和收益（随时间变化）在下面的图像中显示（点击查看确切数字）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/13759215-earnings-and-revenue-growth-1-dark-2/1766222035891" alt="" original-src="https://images.simplywall.st/asset/chart/13759215-earnings-and-revenue-growth-1-dark-2/1766222035891"/></p>
<p>LSE:ENT Earnings and Revenue Growth December 20th 2025</p>
<div class="lb-trans"><p>LSE:ENT 收益和收入增长 2025 年 12 月 20 日</p>
</div><p>Entain is a well known stock, with plenty of analyst coverage, suggesting some visibility into future growth. So it makes a lot of sense to check out what analysts think Entain will earn in the future (free analyst consensus estimates)</p>
<div class="lb-trans"><p>Entain 是一只知名股票，拥有大量分析师覆盖，表明对未来增长有一定的可见性。因此，查看分析师对 Entain 未来收益的看法是非常有意义的（免费分析师共识估计）。</p>
</div><h2>What About Dividends?</h2>
<div class="lb-trans"><h2>股息情况如何？</h2>
</div><p>It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Entain, it has a TSR of -38% for the last 3 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence!</p>
<div class="lb-trans"><p>考虑任何给定股票的总股东回报以及股价回报是很重要的。总股东回报（TSR）是一种回报计算，考虑了现金股息的价值（假设收到的任何股息都被再投资）以及任何折扣融资和分拆的计算价值。可以说，TSR 提供了股票产生回报的更全面的图景。在 Entain 的情况下，过去三年的 TSR 为-38%。这超过了我们之前提到的股价回报。并且不难猜测，股息支付在很大程度上解释了这种差异！</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的视角</h2>
</div><p>Entain shareholders are up 9.5% for the year (even including dividends). But that return falls short of the market. But at least that's still a gain! Over five years the TSR has been a reduction of 5% per year, over five years. So this might be a sign the business has turned its fortunes around. It's always interesting to track share price performance over the longer term. But to understand Entain better, we need to consider many other factors. For example, we've discovered <strong>1 warning sign for Entain</strong> that you should be aware of before investing here.</p>
<div class="lb-trans"><p>Entain 的股东在这一年中上涨了 9.5%（包括股息）。但这个回报低于市场。不过，至少这仍然是一个收益！在五年内，TSR 每年减少 5%。所以这可能是业务扭转局面的迹象。长期跟踪股价表现总是很有趣。但要更好地理解 Entain，我们需要考虑许多其他因素。例如，我们发现了 <strong>Entain 的 1 个警告信号</strong>，在投资之前你应该注意。</p>
</div><p>Of course, <strong>you might find a fantastic investment by looking elsewhere.</strong> So take a peek at this <strong>free</strong> list of companies we expect will grow earnings.</p>
<div class="lb-trans"><p>当然，<strong>你可能会通过寻找其他地方找到一个绝佳的投资机会。</strong> 所以看看这个 <strong>免费的</strong> 公司名单，我们预计这些公司将会增长收益。</p>
</div><p><em>Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges.</em></p>
<div class="lb-trans"><p><em>请注意，本文中引用的市场回报反映了当前在英国交易所交易的股票的市场加权平均回报。</em></p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>用于国防和灾难的移动基础设施</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波机器人技术不是类人型的。它是完全自主的塔，在 30 分钟内提供 5G、ISR 和雷达，随处可用。</p>
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<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
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<div class="lb-trans"><p>代表 CiTech 赞助</p>
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Entain (LON:ENT) 的股东如果在三年前投资，现在处于亏损状态