Is Inner Mongolia ERDOS Resources Co.,Ltd.'s (SHSE:900936) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Is Inner Mongolia ERDOS Resources Co.,Ltd.'s (SHSE:900936) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Most readers would already be aware that Inner Mongolia ERDOS ResourcesLtd's (SHSE:900936) stock increased significantly by 17% over the past three months. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key performance indicators to see if they could be influencing the market. In this article, we decided to focus on Inner Mongolia ERDOS ResourcesLtd's ROE.
大多数读者应该已经知道,内蒙古鄂尔多斯资源有限公司(上海证券交易所股票代码:900936)的股票在过去三个月里大幅上涨了17%。由于市场通常为公司的长期基本面买单,我们决定研究公司的关键业绩指标,看看它们是否会影响市场。在本文中,我们决定将重点放在内蒙古鄂尔多斯资源有限公司的净资产收益率上。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
股本回报率(ROE)是对一家公司增值和管理投资者资金的效率的测试。换句话说,这是一个衡量公司股东提供的资本回报率的盈利比率。
See our latest analysis for Inner Mongolia ERDOS ResourcesLtd
查看我们对内蒙古鄂尔多斯资源有限公司的最新分析
How To Calculate Return On Equity?
如何计算股本回报率?
Return on equity can be calculated by using the formula:
股本回报率可使用以下公式计算:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回报率=(持续经营的)净利润?股东权益
So, based on the above formula, the ROE for Inner Mongolia ERDOS ResourcesLtd is:
因此,根据上述公式,内蒙古鄂尔多斯资源有限公司的净资产收益率为:
36% = CN¥9.3b ÷ CN¥26b (Based on the trailing twelve months to September 2022).
36%=93亿元×26亿元(基于截至2022年9月的12个月)。
The 'return' is the income the business earned over the last year. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.36 in profit.
“回报”指的是企业在过去一年中获得的收入。一种将其概念化的方法是,公司每拥有1美元的股东资本,就能获得0.36美元的利润。
What Has ROE Got To Do With Earnings Growth?
净资产收益率与盈利增长有什么关系?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.
到目前为止,我们已经了解到净资产收益率衡量的是一家公司创造利润的效率。根据公司将这些利润再投资或“保留”多少,以及这样做的效率如何,我们就能够评估一家公司的收益增长潜力。假设其他条件不变,净资产收益率和利润保留率越高,与不一定具有这些特征的公司相比,公司的增长率就越高。
Inner Mongolia ERDOS ResourcesLtd's Earnings Growth And 36% ROE
内蒙古鄂尔多斯资源有限公司盈利增长和36%的净资产收益率
First thing first, we like that Inner Mongolia ERDOS ResourcesLtd has an impressive ROE. Additionally, the company's ROE is higher compared to the industry average of 8.4% which is quite remarkable. Under the circumstances, Inner Mongolia ERDOS ResourcesLtd's considerable five year net income growth of 54% was to be expected.
首先,我们喜欢内蒙古鄂尔多斯资源有限公司令人印象深刻的净资产收益率。此外,该公司的净资产收益率(ROE)高于8.4%的行业平均水平,这是相当了不起的。在这种情况下,内蒙古鄂尔多斯资源有限公司五年来净收入54%的可观增长是意料之中的。
As a next step, we compared Inner Mongolia ERDOS ResourcesLtd's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 18%.
下一步,我们将内蒙古鄂尔多斯资源有限公司的净收入增长与行业进行了比较,令人欣喜的是,我们发现该公司的增长高于行业平均增长18%。
![past-earnings-growth](https://usnewsfile.futunn.com/pic/0-19820856-0-37b94931c1b0f6effced039f01ecde2b.png/big)
The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Inner Mongolia ERDOS ResourcesLtd is trading on a high P/E or a low P/E, relative to its industry.
赋予一家公司价值的基础在很大程度上与其盈利增长挂钩。对于投资者来说,重要的是知道市场是否已经消化了公司预期的收益增长(或下降)。这样做将有助于他们确定该股的未来看起来是光明的还是不祥的。衡量预期收益增长的一个很好的指标是市盈率,它根据一只股票的盈利前景决定市场愿意为其支付的价格。因此,你可能想看看内蒙古鄂尔多斯资源有限公司的市盈率相对于其行业是高市盈率还是低市盈率。
Is Inner Mongolia ERDOS ResourcesLtd Using Its Retained Earnings Effectively?
内蒙古鄂尔多斯资源有限公司是否有效利用其留存收益?
The three-year median payout ratio for Inner Mongolia ERDOS ResourcesLtd is 43%, which is moderately low. The company is retaining the remaining 57%. By the looks of it, the dividend is well covered and Inner Mongolia ERDOS ResourcesLtd is reinvesting its profits efficiently as evidenced by its exceptional growth which we discussed above.
内蒙古鄂尔多斯资源有限公司的三年中值派息率为43%,略低。该公司将保留剩余的57%。从表面上看,股息得到了很好的覆盖,内蒙古鄂尔多斯资源有限公司正在有效地将其利润进行再投资,这一点从我们上面讨论的非凡增长中可见一斑。
Additionally, Inner Mongolia ERDOS ResourcesLtd has paid dividends over a period of at least ten years which means that the company is pretty serious about sharing its profits with shareholders.
此外,内蒙古鄂尔多斯资源有限公司在至少十年的时间里一直在分红,这意味着该公司非常认真地与股东分享利润。
Summary
摘要
In total, we are pretty happy with Inner Mongolia ERDOS ResourcesLtd's performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Let's not forget, business risk is also one of the factors that affects the price of the stock. So this is also an important area that investors need to pay attention to before making a decision on any business. Our risks dashboard will have the 1 risk we have identified for Inner Mongolia ERDOS ResourcesLtd.
总体而言,我们对内蒙古鄂尔多斯资源有限公司的表现相当满意。具体地说,我们喜欢该公司将一大笔利润以高回报率进行再投资。当然,这导致该公司的收益出现了大幅增长。如果该公司继续以目前的方式增长收益,考虑到每股收益对长期股价的影响,这可能会对其股价产生积极影响。我们不要忘记,商业风险也是影响股票价格的因素之一。因此,这也是投资者在对任何业务做出决定之前需要关注的一个重要领域。我们的风险控制面板将包含我们为内蒙古鄂尔多斯资源有限公司确定的1个风险。
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本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。