Shenzhen Huijie Group Co., Ltd.'s (SZSE:002763) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Shenzhen Huijie Group Co., Ltd.'s (SZSE:002763) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
The formula for return on equity is: Most readers would already be aware that Shenzhen Huijie Group's (SZSE:002763) stock increased significantly by 13% over the past week. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Shenzhen Huijie Group's ROE today.
大多数读者应该已经知道，深圳汇杰集团(SZSE：002763)的股票在过去一周大幅上涨了13%。我们想知道，由于一家公司的长期基本面通常决定着市场结果，该公司的财务状况是否以及在价格变化中扮演了什么角色。特别是今天我们将关注深圳汇捷集团的净资产收益率。
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
股本回报率(ROE)是用来评估公司管理层利用公司资本效率的关键指标。简而言之，它是用来评估一家公司相对于其权益资本的盈利能力。
See our latest analysis for Shenzhen Huijie Group
查看我们对深圳汇杰集团的最新分析
How Do You Calculate Return On Equity?
你如何计算股本回报率？
The formula for return on equity is:
这个股本回报率公式是：
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 Shenzhen Huijie Group is:
因此，根据上述公式，深圳汇捷集团的净资产收益率为：
7.8% = CN¥178m ÷ CN¥2.3b (Based on the trailing twelve months to March 2023).
7.8%=1.78亿元×23亿元(以截至2023年3月的12个月为基础)。
The 'return' is the income the business earned over the last year. One way to conceptualize this is that for each CN¥1 of shareholders' capital it has, the company made CN¥0.08 in profit.
“回报”指的是企业在过去一年中获得的收入。一种概念化的方法是，公司每拥有1元人民币的股东资本，就会获得0.08元人民币的利润。
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. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.
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。我们现在需要评估公司将多少利润再投资或“保留”用于未来的增长，这就让我们对公司的增长潜力有了一个了解。假设其他条件相同，与没有相同特征的公司相比，拥有更高股本回报率和更高利润保留率的公司通常会有更高的增长率。
Shenzhen Huijie Group's Earnings Growth And 7.8% ROE
深圳汇捷集团盈利增长7.8%净资产收益率
At first glance, Shenzhen Huijie Group's ROE doesn't look very promising. However, its ROE is similar to the industry average of 7.5%, so we won't completely dismiss the company. On the other hand, Shenzhen Huijie Group reported a fairly low 2.7% net income growth over the past five years. Remember, the company's ROE is not particularly great to begin with. So this could also be one of the reasons behind the company's low growth in earnings.
乍一看，深圳汇捷集团的净资产收益率看起来并不是很有希望。不过，其净资产收益率接近7.5%的行业平均水平，因此我们不会完全对该公司不屑一顾。另一方面，深圳汇捷集团报告称，过去五年的净收入增长相当低，为2.7%。请记住，该公司的净资产收益率从一开始就不是特别高。因此，这也可能是该公司盈利增长缓慢的原因之一。
Next, on comparing with the industry net income growth, we found that Shenzhen Huijie Group's growth is quite high when compared to the industry average growth of 2.2% in the same period, which is great to see.
接下来，对比行业净收入增长，我们发现深圳汇捷集团的增长与同期2.2%的行业平均增长相比相当高，这是令人欣喜的。
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. If you're wondering about Shenzhen Huijie Group's's valuation, check out this gauge of its price-to-earnings ratio, as compared 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。如果你想知道深圳汇捷集团的估值，看看这个衡量其市盈率的指标，与其行业相比。
Is Shenzhen Huijie Group Efficiently Re-investing Its Profits?
深圳汇捷集团是否有效地将其利润进行了再投资？
While the company did pay out a portion of its dividend in the past, it currently doesn't pay a dividend. We infer that the company has been reinvesting all of its profits to grow its business.
虽然该公司过去确实支付了一部分股息，但目前不支付股息。我们推断，该公司一直在将所有利润进行再投资，以发展业务。
Conclusion
结论
Overall, we feel that Shenzhen Huijie Group certainly does have some positive factors to consider. Despite its low rate of return, the fact that the company reinvests a very high portion of its profits into its business, no doubt contributed to its high earnings growth. Until now, we have only just grazed the surface of the company's past performance by looking at the company's fundamentals. So it may be worth checking this free detailed graph of Shenzhen Huijie Group's past earnings, as well as revenue and cash flows to get a deeper insight into the company's performance.
总体而言，我们觉得深圳汇捷集团确实有一些积极的因素需要考虑。尽管回报率很低，但该公司将很高比例的利润再投资于业务，无疑是其高收益增长的原因。到目前为止，我们只是通过观察公司的基本面来了解公司过去的业绩。所以也许有必要检查一下免费 详细图表通过对深圳汇捷集团过去的收益以及收入和现金流的分析，更深入地了解该公司的业绩。
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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。
