<p>通过购买指数基金，投资者可以接近市场的平均回报。但如果你以有吸引力的价格购买优秀企业，你的投资组合回报可能会超过市场的平均回报。例如，<strong>SUTL Enterprise Limited</strong>（SGX:BHU）的股价在过去三年上涨了 86%，明显超过了约 30% 的市场回报（不包括股息）。另一方面，最近的回报并不那么理想，股东的回报仅为 44%，包括股息。</p>
<p>由于该股票在过去一周内增加了 800 万新元的市值，让我们看看其基本表现是否推动了长期回报。</p>
<p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是——它们的市值都在 100 亿美元以下——现在仍然有机会提前布局。</p>
<p>虽然市场是一个强大的定价机制，但股价反映的是投资者情绪，而不仅仅是基本业务表现。检查市场情绪如何随时间变化的一种方法是观察公司股价与每股收益（EPS）之间的互动。</p>
<p>SUTL Enterprise 在三年内每年能够以 8.9% 的速度增长其每股收益，推动股价上涨。这一每股收益的增长低于股价每年平均 23% 的增长。这表明市场对该股票的乐观情绪在上升，考虑到过去几年的进展，这并不令人惊讶。</p>
<p>公司的每股收益（随时间变化）在下图中展示（点击查看具体数字）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/270585540-earnings-per-share-growth-1-dark-2/1767396753916?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/270585540-earnings-per-share-growth-1-dark-2/1767396753916"/></p>
<p>SGX:BHU 每股收益增长 2026 年 1 月 2 日</p>
<p>在买入或卖出股票之前，我们始终建议仔细检查历史增长趋势，相关信息可在此处获取。</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非常重要的。股价回报仅反映股价的变化，而总股东回报（TSR）则包括股息的价值（假设它们被再投资）以及任何折扣资本筹集或分拆的好处。可以公平地说，TSR 为支付股息的股票提供了更完整的图景。我们注意到，SUTL Enterprise 在过去三年的 TSR 为 135%，这比上述的股价回报要好。因此，公司支付的股息提升了_总_股东回报。</p>
<h2>不同的视角</h2>
<p>我们很高兴地报告，SUTL Enterprise 的股东在一年内获得了 44% 的总股东回报。这其中包括股息。由于一年期的 TSR 优于五年期的 TSR（后者为每年 25%），这似乎表明该股票的表现最近有所改善。持乐观态度的人可能会将最近 TSR 的改善视为业务本身随着时间的推移而变得更好的迹象。长期跟踪股价表现总是很有趣。但要更好地理解 SUTL Enterprise，我们需要考虑许多其他因素。举个例子：我们发现了 <strong>SUTL Enterprise 的 2 个警告信号</strong>，其中一个有点令人担忧。</p>
<p>如果我们看到一些大额内部购买，我们会更喜欢 SUTL Enterprise。在我们等待的同时，查看这份 <strong>免费</strong> 的被低估股票名单（大多数是小盘股），其中有相当多的近期内部购买。</p>
<p><em>请注意，本文中引用的市场回报反映了目前在新加坡交易所交易的股票的市场加权平均回报。</em></p>
<p>移动基础设施用于国防和灾难</p>
<p>下一波机器人技术不是类人型的。它是完全自主的塔楼，在 30 分钟内提供 5G、ISR 和雷达服务，覆盖任何地方。</p>
<p>在下一轮合同之前获取投资者简报</p>
<p>由 CiTech 赞助</p>

SUTL企业

<p>SUTL 企业 (SGX:BHU) 的股票本周上涨了 11%，在过去三年中累计上涨了 86%，表现优于市场 30% 的回报。然而，最近的股东回报仅为 44%，包括股息。公司的每股收益（EPS）年增长率为 8.9%，低于 23% 的股价增长，表明市场情绪乐观。过去三年的总股东回报（TSR）为 135%，受股息推动。尽管最近 TSR 有所改善，但公司仍存在两个警示信号，令人担忧</p>

<p>By buying an index fund, investors can approximate the average market return. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, the <strong>SUTL Enterprise Limited</strong> (SGX:BHU) share price is up 86% in the last three years, clearly besting the market return of around 30% (not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 44%, including dividends.</p>
<div class="lb-trans"><p>通过购买指数基金，投资者可以接近市场的平均回报。但如果你以有吸引力的价格购买优秀企业，你的投资组合回报可能会超过市场的平均回报。例如，<strong>SUTL Enterprise Limited</strong>（SGX:BHU）的股价在过去三年上涨了 86%，明显超过了约 30% 的市场回报（不包括股息）。另一方面，最近的回报并不那么理想，股东的回报仅为 44%，包括股息。</p>
</div><p>Since the stock has added S$8.0m to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.</p>
<div class="lb-trans"><p>由于该股票在过去一周内增加了 800 万新元的市值，让我们看看其基本表现是否推动了长期回报。</p>
</div><p>AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.</p>
<div class="lb-trans"><p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是——它们的市值都在 100 亿美元以下——现在仍然有机会提前布局。</p>
</div><p>While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).</p>
<div class="lb-trans"><p>虽然市场是一个强大的定价机制，但股价反映的是投资者情绪，而不仅仅是基本业务表现。检查市场情绪如何随时间变化的一种方法是观察公司股价与每股收益（EPS）之间的互动。</p>
</div><p>SUTL Enterprise was able to grow its EPS at 8.9% per year over three years, sending the share price higher. This EPS growth is lower than the 23% average annual increase in the share price. This indicates that the market is feeling more optimistic on the stock, after the last few years of progress. That's not necessarily surprising considering the three-year track record of earnings growth.</p>
<div class="lb-trans"><p>SUTL Enterprise 在三年内每年能够以 8.9% 的速度增长其每股收益，推动股价上涨。这一每股收益的增长低于股价每年平均 23% 的增长。这表明市场对该股票的乐观情绪在上升，考虑到过去几年的进展，这并不令人惊讶。</p>
</div><p>The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).</p>
<div class="lb-trans"><p>公司的每股收益（随时间变化）在下图中展示（点击查看具体数字）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/270585540-earnings-per-share-growth-1-dark-2/1767396753916" alt="" original-src="https://images.simplywall.st/asset/chart/270585540-earnings-per-share-growth-1-dark-2/1767396753916"/></p>
<p>SGX:BHU Earnings Per Share Growth January 2nd 2026</p>
<div class="lb-trans"><p>SGX:BHU 每股收益增长 2026 年 1 月 2 日</p>
</div><p>Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.</p>
<div class="lb-trans"><p>在买入或卖出股票之前，我们始终建议仔细检查历史增长趋势，相关信息可在此处获取。</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. 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 SUTL Enterprise the TSR over the last 3 years was 135%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the <em>total</em> shareholder return.</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非常重要的。股价回报仅反映股价的变化，而总股东回报（TSR）则包括股息的价值（假设它们被再投资）以及任何折扣资本筹集或分拆的好处。可以公平地说，TSR 为支付股息的股票提供了更完整的图景。我们注意到，SUTL Enterprise 在过去三年的 TSR 为 135%，这比上述的股价回报要好。因此，公司支付的股息提升了_总_股东回报。</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的视角</h2>
</div><p>We're pleased to report that SUTL Enterprise shareholders have received a total shareholder return of 44% over one year. And that does include the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 25% per year), it would seem that the stock's performance has improved in recent times. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. It's always interesting to track share price performance over the longer term. But to understand SUTL Enterprise better, we need to consider many other factors. Case in point: We've spotted <strong>2 warning signs for SUTL Enterprise</strong> you should be aware of, and 1 of them is a bit concerning.</p>
<div class="lb-trans"><p>我们很高兴地报告，SUTL Enterprise 的股东在一年内获得了 44% 的总股东回报。这其中包括股息。由于一年期的 TSR 优于五年期的 TSR（后者为每年 25%），这似乎表明该股票的表现最近有所改善。持乐观态度的人可能会将最近 TSR 的改善视为业务本身随着时间的推移而变得更好的迹象。长期跟踪股价表现总是很有趣。但要更好地理解 SUTL Enterprise，我们需要考虑许多其他因素。举个例子：我们发现了 <strong>SUTL Enterprise 的 2 个警告信号</strong>，其中一个有点令人担忧。</p>
</div><p>We will like SUTL Enterprise better if we see some big insider buys. While we wait, check out this <strong>free</strong> list of undervalued stocks (mostly small caps) with considerable, recent, insider buying.</p>
<div class="lb-trans"><p>如果我们看到一些大额内部购买，我们会更喜欢 SUTL Enterprise。在我们等待的同时，查看这份 <strong>免费</strong> 的被低估股票名单（大多数是小盘股），其中有相当多的近期内部购买。</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 Singaporean 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目前在新加坡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>移动基础设施用于国防和灾难</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。它是完全自主的塔楼，在 30 分钟内提供 5G、ISR 和雷达服务，覆盖任何地方。</p>
</div><p>Get the investor briefing before the next round of contracts</p>
<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
</div><p>Sponsored On Behalf of CiTech</p>
<div class="lb-trans"><p>由 CiTech 赞助</p>
</div>

SUTL 企业（SGX:BHU）本周股价上涨 11%，但其收益增长仍然落后于三年来的股东回报