<p><strong>新天綠能有限公司</strong> (HKG:956) 的股東在看到股價在過去一個月下跌了 13% 後，可能會感到擔憂。但這並不改變過去五年回報令人滿意的事實。畢竟，在這段時間內，股價上漲了超過市場平均水平的 85%。</p>
<p>儘管新天綠能本週市值減少了 7.67 億港元，但讓我們看看其長期的基本趨勢，看看這些趨勢是否推動了回報。</p>
<p>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整名單，免費獲取。</p>
<p>不可否認，市場有時是有效的，但價格並不總是反映基礎業務表現。檢查市場情緒隨時間變化的一種方法是觀察公司股價與每股收益（EPS）之間的互動。</p>
<p>在五年的股價增長中，新天綠能實現了每股收益（EPS）年複合增長率為 8.5%。這一 EPS 增長低於股價年均 13% 的增長。這表明市場參與者對公司的評價在提高。這並不令人驚訝，因為公司在過去五年中有着良好的盈利增長記錄。</p>
<p>您可以在下面的圖像中看到 EPS 隨時間的變化（點擊圖表查看確切數值）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/112952011-earnings-per-share-growth-1-dark-2/1766011964385?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/112952011-earnings-per-share-growth-1-dark-2/1766011964385"/></p>
<p>SEHK:956 每股收益增長 2025 年 12 月 17 日</p>
<p>我們高興地報告，首席執行官的薪酬比大多數同類公司更為適中。但雖然首席執行官的薪酬總是值得關注，真正重要的問題是公司能否在未來實現盈利增長。查看我們關於新天綠能的 <strong>免費</strong> 報告，瞭解其盈利、收入和現金流，可能會非常有價值。</p>
<h2>股息情況如何？</h2>
<p>在考慮投資回報時，重要的是要考慮_總股東回報_（TSR）與_股價回報_之間的區別。TSR 是一種回報計算，考慮了現金股息的價值（假設收到的任何股息都被再投資）以及任何折扣融資和分拆的計算價值。可以公平地説，TSR 為支付股息的股票提供了更完整的圖景。在新天綠能的情況下，過去五年的 TSR 為 145%。這超過了我們之前提到的股價回報。因此，公司支付的股息提升了_總_股東回報。</p>
<h2>不同的視角</h2>
<p>新天綠能在過去十二個月提供了 17% 的 TSR。但這一回報低於市場。從積極的一面看，長期回報（在過去五年中約為每年 20%）看起來更好。也許股價只是暫時喘息，而公司正在執行其增長戰略。長期跟蹤股價表現總是很有趣。但要更好地理解新天綠能，我們需要考慮許多其他因素。舉個例子：我們發現了 <strong>新天綠能的 2 個警示信號</strong>，您應該注意，其中一個可能是嚴重的。</p>
<p>當然，<strong>您可能會通過尋找其他地方找到一個絕佳的投資機會。</strong> 所以請查看這份 <strong>免費</strong> 的公司名單，我們預計這些公司將實現盈利增長。</p>
<p><em>請注意，本文中引用的市場回報反映了目前在香港交易所交易的股票的市場加權平均回報。</em></p>
<p>移動基礎設施用於國防和災害</p>
<p>下一波機器人技術不是類人機器人，而是能夠在 30 分鐘內提供 5G、ISR 和雷達的全自動塔，適用於任何地方。</p>
<p>在下一輪合同之前獲取投資者簡報</p>
<p>由 CiTech 贊助</p>

新天綠能

新天綠色能源

<p>新天綠能 (HKG:956) 本週下跌了 4%，年度回報與盈利增長保持一致。儘管上個月股價下跌了 13%，但該公司在五年內實現了 85% 的增長。五年的總股東回報率 (TSR) 達到 145%，得益於分紅。近期的 TSR 為 17%，低於市場平均水平，但長期回報依然強勁。投資者應考慮其他因素，包括公司可能出現的警示信號</p>

<p><strong>China Suntien Green Energy Corporation Limited</strong> (HKG:956) shareholders might be concerned after seeing the share price drop 13% in the last month. But that doesn't change the fact that the returns over the last five years have been pleasing. After all, the share price is up a market-beating 85% in that time.</p>
<div class="lb-trans"><p><strong>新天綠能有限公司</strong> (HKG:956) 的股東在看到股價在過去一個月下跌了 13% 後，可能會感到擔憂。但這並不改變過去五年回報令人滿意的事實。畢竟，在這段時間內，股價上漲了超過市場平均水平的 85%。</p>
</div><p>Although China Suntien Green Energy has shed HK$767m from its market cap this week, let's take a look at its longer term fundamental trends and see if they've driven returns.</p>
<div class="lb-trans"><p>儘管新天綠能本週市值減少了 7.67 億港元，但讓我們看看其長期的基本趨勢，看看這些趨勢是否推動了回報。</p>
</div><p>We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整名單，免費獲取。</p>
</div><p>There is no denying that markets are sometimes efficient, but prices do not always reflect 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>不可否認，市場有時是有效的，但價格並不總是反映基礎業務表現。檢查市場情緒隨時間變化的一種方法是觀察公司股價與每股收益（EPS）之間的互動。</p>
</div><p>During five years of share price growth, China Suntien Green Energy achieved compound earnings per share (EPS) growth of 8.5% per year. This EPS growth is lower than the 13% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth.</p>
<div class="lb-trans"><p>在五年的股價增長中，新天綠能實現了每股收益（EPS）年複合增長率為 8.5%。這一 EPS 增長低於股價年均 13% 的增長。這表明市場參與者對公司的評價在提高。這並不令人驚訝，因為公司在過去五年中有着良好的盈利增長記錄。</p>
</div><p>You can see how EPS has changed over time in the image below (click on the chart to see the exact values).</p>
<div class="lb-trans"><p>您可以在下面的圖像中看到 EPS 隨時間的變化（點擊圖表查看確切數值）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/112952011-earnings-per-share-growth-1-dark-2/1766011964385" alt="" original-src="https://images.simplywall.st/asset/chart/112952011-earnings-per-share-growth-1-dark-2/1766011964385"/></p>
<p>SEHK:956 Earnings Per Share Growth December 17th 2025</p>
<div class="lb-trans"><p>SEHK:956 每股收益增長 2025 年 12 月 17 日</p>
</div><p>We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. It might be well worthwhile taking a look at our <strong>free</strong> report on China Suntien Green Energy's earnings, revenue and cash flow.</p>
<div class="lb-trans"><p>我們高興地報告，首席執行官的薪酬比大多數同類公司更為適中。但雖然首席執行官的薪酬總是值得關注，真正重要的問題是公司能否在未來實現盈利增長。查看我們關於新天綠能的 <strong>免費</strong> 報告，瞭解其盈利、收入和現金流，可能會非常有價值。</p>
</div><h2>What About Dividends?</h2>
<div class="lb-trans"><h2>股息情況如何？</h2>
</div><p>When looking at investment returns, it is important to consider the difference between <em>total shareholder return</em> (TSR) and <em>share price return</em>. 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. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of China Suntien Green Energy, it has a TSR of 145% for the last 5 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the <em>total</em> shareholder return.</p>
<div class="lb-trans"><p>在考慮投資回報時，重要的是要考慮_總股東回報_（TSR）與_股價回報_之間的區別。TSR 是一種回報計算，考慮了現金股息的價值（假設收到的任何股息都被再投資）以及任何折扣融資和分拆的計算價值。可以公平地説，TSR 為支付股息的股票提供了更完整的圖景。在新天綠能的情況下，過去五年的 TSR 為 145%。這超過了我們之前提到的股價回報。因此，公司支付的股息提升了_總_股東回報。</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的視角</h2>
</div><p>China Suntien Green Energy provided a TSR of 17% over the last twelve months. But that return falls short of the market. On the bright side, the longer term returns (running at about 20% a year, over half a decade) look better. Maybe the share price is just taking a breather while the business executes on its growth strategy. It's always interesting to track share price performance over the longer term. But to understand China Suntien Green Energy better, we need to consider many other factors. Case in point: We've spotted <strong>2 warning signs for China Suntien Green Energy</strong> you should be aware of, and 1 of them is potentially serious.</p>
<div class="lb-trans"><p>新天綠能在過去十二個月提供了 17% 的 TSR。但這一回報低於市場。從積極的一面看，長期回報（在過去五年中約為每年 20%）看起來更好。也許股價只是暫時喘息，而公司正在執行其增長戰略。長期跟蹤股價表現總是很有趣。但要更好地理解新天綠能，我們需要考慮許多其他因素。舉個例子：我們發現了 <strong>新天綠能的 2 個警示信號</strong>，您應該注意，其中一個可能是嚴重的。</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>當然，<strong>您可能會通過尋找其他地方找到一個絕佳的投資機會。</strong> 所以請查看這份 <strong>免費</strong> 的公司名單，我們預計這些公司將實現盈利增長。</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 Hong Kong exchanges.</em></p>
<div class="lb-trans"><p><em>請注意，本文中引用的市場回報反映了目前在香港交易所交易的股票的市場加權平均回報。</em></p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>移動基礎設施用於國防和災害</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>下一波機器人技術不是類人機器人，而是能夠在 30 分鐘內提供 5G、ISR 和雷達的全自動塔，適用於任何地方。</p>
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<div class="lb-trans"><p>在下一輪合同之前獲取投資者簡報</p>
</div><p>Sponsored On Behalf of CiTech</p>
<div class="lb-trans"><p>由 CiTech 贊助</p>
</div>

新天綠色能源（HKG:956）本週股價下跌 4.0%，年度回報率逐漸與盈利增長保持一致