Returns On Capital Are Showing Encouraging Signs At Ningbo Sanxing Medical ElectricLtd (SHSE:601567)
Returns On Capital Are Showing Encouraging Signs At Ningbo Sanxing Medical ElectricLtd (SHSE:601567)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at Ningbo Sanxing Medical ElectricLtd (SHSE:601567) and its trend of ROCE, we really liked what we saw.
如果你不确定在寻找下一个多袋子时从哪里开始,有几个关键的趋势你应该密切关注。在一个完美的世界里,我们希望看到一家公司向其业务投入更多资本,理想情况下,从这些资本中赚取的回报也在增加。基本上,这意味着一家公司有盈利的举措,可以继续进行再投资,这是复合机器的一个特点。所以当我们看着宁波三星医疗电子有限公司(上海证券交易所:601567)和它的ROCE趋势,我们真的很喜欢我们看到的。
What Is Return On Capital Employed (ROCE)?
什么是资本回报率(ROCE)?
If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. To calculate this metric for Ningbo Sanxing Medical ElectricLtd, this is the formula:
如果你以前没有使用过ROCE,它衡量的是一家公司从业务资本中获得的“回报”(税前利润)。要计算宁波三星医疗电子有限公司的这一指标,公式如下:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
已动用资本回报率=息税前收益(EBIT)?(总资产-流动负债)
0.12 = CN¥1.4b ÷ (CN¥17b - CN¥6.0b) (Based on the trailing twelve months to June 2023).
0.12=CN元14亿?(CN元170亿-CN元60亿)(根据截至2023年6月的往绩12个月计算)。
Thus, Ningbo Sanxing Medical ElectricLtd has an ROCE of 12%. In absolute terms, that's a satisfactory return, but compared to the Electrical industry average of 6.3% it's much better.
因此,宁波三星医电股份有限公司的净资产收益率为12%。就绝对值而言,这是一个令人满意的回报率,但与电气行业6.3%的平均回报率相比,这要好得多。
Check out our latest analysis for Ningbo Sanxing Medical ElectricLtd
查看我们对宁波三星医疗电子有限公司的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231012/0-366caf3d142682bd7b5f00a50299dd9b-0-6b206140ff760d890866eccf65932df8.png/big)
In the above chart we have measured Ningbo Sanxing Medical ElectricLtd's prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering Ningbo Sanxing Medical ElectricLtd here for free.
在上面的图表中,我们衡量了宁波三星医疗电子有限公司之前的净资产收益率与之前的业绩,但可以说,未来更重要。如果您愿意,您可以在这里查看宁波三星医疗电子有限公司分析师的预测免费的。
How Are Returns Trending?
回报趋势如何?
Ningbo Sanxing Medical ElectricLtd is showing promise given that its ROCE is trending up and to the right. More specifically, while the company has kept capital employed relatively flat over the last five years, the ROCE has climbed 25% in that same time. So it's likely that the business is now reaping the full benefits of its past investments, since the capital employed hasn't changed considerably. The company is doing well in that sense, and it's worth investigating what the management team has planned for long term growth prospects.
鉴于宁波三星医疗电气有限公司的净资产收益率(ROCE)呈上升和右倾趋势,该公司前景看好。更具体地说,尽管该公司在过去五年中使用的资本相对持平,但同期ROCE上涨了25%。因此,由于所用资本没有太大变化,该公司现在很可能正在从过去的投资中获得全部好处。从这个意义上讲,该公司的表现很好,值得研究一下管理团队对长期增长前景的规划。
In Conclusion...
总之..。
To bring it all together, Ningbo Sanxing Medical ElectricLtd has done well to increase the returns it's generating from its capital employed. And a remarkable 221% total return over the last five years tells us that investors are expecting more good things to come in the future. So given the stock has proven it has promising trends, it's worth researching the company further to see if these trends are likely to persist.
为了将这一切结合起来,宁波三星医疗电气有限公司在提高资本回报率方面做得很好。过去五年令人惊叹的221%的总回报率告诉我们,投资者期待未来会有更多的好事情发生。因此,鉴于该股已证明其趋势看好,有必要对该公司进行进一步研究,看看这些趋势是否可能持续下去。
Ningbo Sanxing Medical ElectricLtd does have some risks though, and we've spotted 1 warning sign for Ningbo Sanxing Medical ElectricLtd that you might be interested in.
但宁波三星医疗电气有限公司确实存在一些风险,我们已经发现宁波三星医疗电气有限公司1个警示标志你可能会感兴趣的。
For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity.
对于那些喜欢投资于稳固的公司,看看这个免费资产负债表稳健、股本回报率高的公司名单。
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