Acrel Co.,Ltd. (SZSE:300286) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Acrel Co.,Ltd. (SZSE:300286) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
The formula for ROE is: With its stock down 24% over the past three months, it is easy to disregard AcrelLtd (SZSE:300286). But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. In this article, we decided to focus on AcrelLtd's ROE.
在过去三个月股价下跌24%的情况下，人们很容易忽视安瑞股份有限公司(SZSE：300286)。但如果你仔细观察，你可能会猜到，它强劲的财务状况可能意味着，考虑到市场通常会奖励财务状况良好的公司，该股可能会在长期内增值。在本文中，我们决定将重点放在AcrelLtd的净资产收益率上。
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
净资产收益率，即股本回报率，是评估一家公司从股东那里获得投资回报的有效程度的有用工具。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。
View our latest analysis for AcrelLtd
查看我们对AcrelLtd.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 ROE is:
这个净资产收益率公式是：
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 AcrelLtd is:
因此，根据上述公式，AcrelLtd的净资产收益率为：
14% = CN¥175m ÷ CN¥1.2b (Based on the trailing twelve months to June 2023).
14%=CN元1.75亿×CN元12亿元(基于截至2023年6月的12个月)。
The 'return' refers to a company's earnings over the last year. One way to conceptualize this is that for each CN¥1 of shareholders' capital it has, the company made CN¥0.14 in profit.
“回报”指的是一家公司过去一年的收益。将其概念化的一种方法是，公司每拥有1元人民币的股东资本，就会获得0.14元的利润。
What Is The Relationship Between ROE And Earnings Growth?
净资产收益率与盈利增长之间有什么关系？
So far, we've learned that ROE is a measure of a company's profitability. 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. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes.
到目前为止，我们了解到净资产收益率是衡量一家公司盈利能力的指标。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。一般来说，在其他条件相同的情况下，股本回报率和利润留存较高的公司比不具备这些特征的公司有更高的增长率。
A Side By Side comparison of AcrelLtd's Earnings Growth And 14% ROE
AcrelLtd盈利增长与14%净资产收益率的并列比较
To begin with, AcrelLtd seems to have a respectable ROE. Especially when compared to the industry average of 7.6% the company's ROE looks pretty impressive. This certainly adds some context to AcrelLtd's decent 15% net income growth seen over the past five years.
首先，AcrelLtd似乎拥有令人尊敬的净资产收益率。特别是与7.6%的行业平均水平相比，该公司的净资产收益率(ROE)看起来相当令人印象深刻。这无疑为AcrelLtd在过去五年中实现了15%的可观净利润增长增添了一些背景。
We then performed a comparison between AcrelLtd's net income growth with the industry, which revealed that the company's growth is similar to the average industry growth of 14% in the same 5-year period.
然后，我们将AcrelLtd的净收入增长与行业进行了比较，结果显示，该公司的增长类似于同一5年期间行业平均14%的增长。
Earnings growth is an important metric to consider when valuing a stock. 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. Is 300286 fairly valued? This infographic on the company's intrinsic value has everything you need to know.
盈利增长是评估一只股票时需要考虑的一个重要指标。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。300286的价值公平吗？这张关于公司内在价值的信息图包含了你需要知道的一切。
Is AcrelLtd Using Its Retained Earnings Effectively?
AcrelLtd是否有效地利用了其留存收益？
AcrelLtd has a low three-year median payout ratio of 24%, meaning that the company retains the remaining 76% of its profits. This suggests that the management is reinvesting most of the profits to grow the business.
AcrelLtd的三年派息率中值较低，为24%，这意味着该公司将保留剩余76%的利润。这表明管理层正在将大部分利润进行再投资，以实现业务增长。
Additionally, AcrelLtd 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，AcrelLtd在至少十年的时间里支付了股息，这意味着该公司非常认真地与股东分享利润。
Conclusion
结论
On the whole, we feel that AcrelLtd's performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings are expected to accelerate. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.
总的来说，我们觉得AcrelLtd的表现相当不错。特别是，很高兴看到该公司在业务上投入了大量资金，并获得了高回报率，这导致了其收益的可观增长。尽管如此，最新的行业分析师预测显示，该公司的收益预计将加速增长。要了解更多分析师对该公司的最新预测，请查看分析师对该公司预测的可视化。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
对这篇文章有什么反馈吗？担心内容吗？ 保持联系直接与我们联系。或者，也可以给编辑组发电子邮件，地址是implywallst.com。
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。