Aerospace CH UAVLtd (SZSE:002389) Has More To Do To Multiply In Value Going Forward
Aerospace CH UAVLtd (SZSE:002389) Has More To Do To Multiply In Value Going Forward
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Although, when we looked at Aerospace CH UAVLtd (SZSE:002389), it didn't seem to tick all of these boxes.
我们应该寻找什么样的趋势,我们想要找出能够长期成倍增值的股票?首先,我们想要确定一个不断增长的退货在已使用资本(ROCE)上,然后在此基础上,不断增加基地已动用资本的比例。归根结底,这表明它是一家正在以越来越高的回报率对利润进行再投资的企业。虽然,当我们看到中国宇航无人机有限公司(SZSE:002389),它似乎没有勾选所有这些框。
Understanding Return On Capital Employed (ROCE)
了解资本回报率(ROCE)
For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on Aerospace CH UAVLtd is:
对于那些不知道的人来说,ROCE是一家公司的年度税前利润(其回报)相对于业务资本的衡量标准。航空航天公司CH UAVLtd的计算公式为:
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)
0.038 = CN¥318m ÷ (CN¥9.9b - CN¥1.6b) (Based on the trailing twelve months to June 2023).
0.038=CN元3.18亿?(CN元99亿-CN元16亿)(根据截至2023年6月的往绩12个月计算)。
So, Aerospace CH UAVLtd has an ROCE of 3.8%. In absolute terms, that's a low return and it also under-performs the Electronic industry average of 5.3%.
所以,航空航天公司CHUAVLtd.的净资产收益率为3.8%。按绝对值计算,这是一个较低的回报率,也低于电子行业5.3%的平均水平。
Check out our latest analysis for Aerospace CH UAVLtd
查看我们对航空航天CH UAVLtd.的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231028/0-55d5d5986606b4ce3e07686fdf6138eb-0-53560339f1f7a49b03586144ec57ad14.png/big)
In the above chart we have measured Aerospace CH UAVLtd's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free report on analyst forecasts for the company.
在上面的图表中,我们衡量了航空航天CH UAVLtd之前的净资产收益率与其之前的表现,但可以说,未来更重要。如果您感兴趣,您可以在我们的免费分析师对该公司的预测报告。
What Can We Tell From Aerospace CH UAVLtd's ROCE Trend?
从航天公司的ROCE趋势中我们能看出什么?
In terms of Aerospace CH UAVLtd's historical ROCE trend, it doesn't exactly demand attention. The company has consistently earned 3.8% for the last five years, and the capital employed within the business has risen 33% in that time. Given the company has increased the amount of capital employed, it appears the investments that have been made simply don't provide a high return on capital.
就航空航天公司CHUAVLtd的ROCE历史趋势而言,它并不完全需要关注。过去五年,该公司持续盈利3.8%,同期公司内部资本增长33%。鉴于该公司增加了已动用资本的数量,这些投资似乎根本不能带来高的资本回报。
Our Take On Aerospace CH UAVLtd's ROCE
我们对航空航天CH UAVLtd的ROCE的看法
As we've seen above, Aerospace CH UAVLtd's returns on capital haven't increased but it is reinvesting in the business. Although the market must be expecting these trends to improve because the stock has gained 87% over the last five years. Ultimately, if the underlying trends persist, we wouldn't hold our breath on it being a multi-bagger going forward.
正如我们上面所看到的,航空航天CH UAVLtd的资本回报率没有增加,但它正在对业务进行再投资。尽管市场肯定预计这些趋势会有所改善,因为该股在过去五年中上涨了87%。归根结底,如果潜在的趋势持续下去,我们不会屏息于它是一个多袋子未来。
If you're still interested in Aerospace CH UAVLtd it's worth checking out our FREE intrinsic value approximation to see if it's trading at an attractive price in other respects.
如果您仍然对航空航天CH UAVLtd感兴趣,那么值得查看我们的自由内在值近似看看它在其他方面的交易价格是否有吸引力。
If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity.
如果你想寻找收入丰厚的可靠公司,看看这个免费拥有良好资产负债表和可观股本回报率的公司名单。
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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。