dilutive

简明释义

[daɪˈljuːtɪv][dɪˈljʊtɪv]

adj. (公司股票)冲减每股收益的

英英释义

Having the effect of reducing the value or ownership percentage of existing shareholders in a company, typically through the issuance of additional shares.

对公司现有股东的价值或所有权百分比产生减少效果,通常是通过发行额外股份实现的。

单词用法

dilutive effect

稀释效应

dilutive securities

稀释性证券

dilutive shares

稀释股份

dilutive impact on earnings

对收益的稀释影响

dilutive acquisition

稀释性收购

dilutive financing

稀释性融资

同义词

diluting

稀释的

The issuance of new shares can be dilutive to existing shareholders.

新股的发行可能会对现有股东造成稀释。

devaluing

贬值的

A diluting effect on earnings per share is often seen after a merger.

合并后,通常会看到每股收益的稀释效应。

weakening

削弱的

The company's decision to issue additional stock was viewed as devaluing the existing shares.

公司决定发行额外股票被视为贬值现有股票。

反义词

accretive

增值的

The acquisition was considered accretive to the company's earnings.

这次收购被认为对公司的收益是增值的。

non-dilutive

非稀释的

The company issued non-dilutive shares to raise capital without affecting existing shareholders.

该公司发行了非稀释股份以筹集资金,而不影响现有股东。

例句

1.The corporate debt is linked to huge dilutive acquisitions taken on behalf of Spanish companies and a multitude of questionable infrastructure deals.

公司债务与西班牙公司从事的减损盈利的大规模收购项目,以及众多可疑的基础设施交易存在关联。

2.There are no potential dilutive ordinary shares, and the diluted earnings per share are equal to the basic earnings.

本公司不存在稀释性潜在普通股,稀释每股收益等于基本每股收益。

3.Of course, founders should negotiate hard to avoid the highly dilutive full-ratchet.

当然创始人应当为避免高稀释性的比例保护进行艰苦的谈判。

4.With the industry still largely a hostage to forces beyond its control, any sign of life in airline stocks ought to trigger further, dilutive capital raises.

由于航空业依然在很大程度上受制于自身无法控制的外部因素,因此任何显示航空股恢复活力的迹象都会触发进一步的、带来稀释效应的筹资活动。

5.With the industry still largely a hostage to forces beyond its control, any sign of life in airline stocks ought to trigger further, dilutive capital raises.

由于航空业依然在很大程度上受制于自身无法控制的外部因素,因此任何显示航空股恢复活力的迹象都会触发进一步的、带来稀释效应的筹资活动。

6.And if bank capital is overstated, firms could again be forced into dilutive capital raising.

如果银行的资本状况有夸大成份,许多公司可能会再次被迫筹资,进而导致股权稀释。

7.Alternative methods of financing, notably a rights offering, would have certainly been dilutive and, according to Mr Albanese, perhaps not even feasible.

对艾尔·巴尼斯而言,两个备选的财务方式(注资或发行新股)中,显然发行新股会稀释每股收益,并不可行。

8.With share prices so low, any more capital-raising is bound to be hugely dilutive (thereby reinforcing the urge to sell).

在股价如此便宜的情况下,银行筹得任意规模的资金都必定严重稀释每股收益(所以迫使股东们出售)。

9.Rockwell Automation expects the transaction to be slightly dilutive to earnings per share in the first full fiscal year and accretive thereafter.

罗克韦尔看动化希望收购只是轻微地冲减每股收益,在随后实现增加。

10.Issuing new shares can be dilutive to existing shareholders' ownership percentages.

发行新股可能会对现有股东的所有权比例产生稀释影响。

11.Convertible bonds can lead to dilutive effects when converted into shares.

可转换债券在转换为股票时可能会导致稀释效应。

12.The company's decision to raise capital through a dilutive equity offering worried investors.

公司通过稀释性股权发行筹集资金的决定让投资者感到担忧。

13.Investors were concerned about the dilutive impact of the stock options granted to executives.

投资者对授予高管的股票期权的稀释影响表示担忧。

14.The merger was seen as dilutive because it increased the total number of shares outstanding.

这次合并被视为稀释,因为它增加了流通股份的总数。

作文

In the world of finance and investing, understanding various terms is crucial for making informed decisions. One such term is dilutive, which refers to a situation where the ownership percentage of existing shareholders is reduced due to the issuance of additional shares. This phenomenon can occur in several scenarios, including when a company issues new stock to raise capital or when employees exercise stock options. The impact of dilutive actions can be significant, as they often lead to a decrease in earnings per share (EPS). For instance, imagine a company with 1 million shares outstanding that earns $1 million in profit. In this case, the EPS would be $1. However, if the company decides to issue another 1 million shares to fund a new project, the total number of shares will increase to 2 million. Assuming the profit remains the same, the new EPS would drop to $0.50. This reduction illustrates how dilutive actions can affect shareholder value. Investors must be aware of dilutive effects when evaluating a company's financial health. A high level of dilutive activity may signal that a company is struggling to generate sufficient profits or cash flow independently. Conversely, sometimes dilutive issuances can be a strategic move that positions a company for future growth. For example, if the new capital raised is invested wisely, it might lead to increased profits in the long run, outweighing the short-term negative impacts on EPS. Moreover, not all dilutive events are created equal. Companies may also engage in dilutive actions as part of mergers and acquisitions. When a larger company acquires a smaller one and pays for it with its own shares, the existing shareholders of the larger firm may experience dilutive effects. However, if the acquisition enhances the overall value of the combined entity, the long-term benefits may justify the initial dilution. Additionally, it is essential for companies to communicate clearly with their shareholders about any potential dilutive actions. Transparency can help manage expectations and maintain investor confidence. For instance, if a company is planning to issue new shares, informing investors about the reasons behind this decision and how it will benefit the company in the future can mitigate concerns regarding dilutive effects. In conclusion, the term dilutive plays a significant role in the financial landscape. It encapsulates the concept of ownership reduction for existing shareholders due to new share issuance. While dilutive actions can negatively impact EPS and shareholder value in the short term, they can also be part of a broader strategy aimed at fostering growth and improving long-term profitability. Investors must carefully analyze the context of dilutive events to make informed decisions about their investments. Understanding this term and its implications can empower shareholders to navigate the complexities of the financial markets more effectively.

在金融和投资的世界中,理解各种术语对于做出明智的决策至关重要。其中一个术语是dilutive,它指的是由于发行额外股票而导致现有股东的所有权比例减少的情况。这种现象可能发生在几种情况下,包括公司发行新股票以筹集资金或员工行使股票期权时。dilutive行为的影响可能是显著的,因为它们通常导致每股收益(EPS)的下降。例如,想象一家拥有100万股流通股的公司,该公司赚取100万美元的利润。在这种情况下,EPS为1美元。然而,如果公司决定再发行100万股以资助新项目,则流通股总数将增加到200万股。如果假设利润保持不变,则新的EPS将降至0.50美元。这一减少说明了dilutive行为如何影响股东价值。投资者必须意识到在评估公司财务健康状况时dilutive效应的重要性。高水平的dilutive活动可能表明公司在独立产生足够利润或现金流方面存在困难。相反,有时dilutive发行可能是公司为未来增长而采取的战略举措。例如,如果新筹集的资金得到了明智的投资,可能会在长期内导致利润增加,从而抵消对EPS的短期负面影响。此外,并非所有的dilutive事件都是相同的。公司也可能将dilutive行为作为并购的一部分。当一家大公司收购一家小公司并用自己的股票支付时,大公司的现有股东可能会经历dilutive效应。然而,如果收购增强了合并实体的整体价值,那么长期利益可能会证明最初的稀释是合理的。此外,公司与股东之间的沟通也至关重要,特别是在潜在的dilutive行为方面。透明度可以帮助管理预期并维持投资者信心。例如,如果一家公司计划发行新股,向投资者告知这一决定背后的原因以及它将如何在未来使公司受益,可以缓解对dilutive效应的担忧。总之,术语dilutive在金融领域中扮演着重要角色。它概括了由于新股发行而导致现有股东所有权减少的概念。虽然dilutive行为在短期内可能对EPS和股东价值产生负面影响,但它们也可能是更广泛战略的一部分,旨在促进增长和提高长期盈利能力。投资者必须仔细分析dilutive事件的背景,以便对其投资做出明智的决策。理解这个术语及其含义可以使股东更有效地驾驭金融市场的复杂性。