Are Robust Financials Driving The Recent Rally In Paslin Digital Technology Co., Ltd.'s (SHSE:600215) Stock?
Are Robust Financials Driving The Recent Rally In Paslin Digital Technology Co., Ltd.'s (SHSE:600215) Stock?
Paslin Digital Technology's (SHSE:600215) stock is up by a considerable 12% over the past week. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Specifically, we decided to study Paslin Digital Technology's ROE in this article.
帕斯林数字技术公司(上海证券交易所代码：600215)的股票在过去一周上涨了12%。鉴于该公司令人印象深刻的业绩，我们决定更仔细地研究其财务指标，因为公司的长期财务健康状况通常决定着市场结果。具体地说，我们决定在本文中研究Paslin Digital Technology的ROE。
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Put another way, it reveals the company's success at turning shareholder investments into profits.
股本回报率或净资产收益率是股东要考虑的一个重要因素，因为它告诉他们他们的资本再投资的效率。换句话说，它揭示了该公司成功地将股东投资转化为利润。
View our latest analysis for Paslin Digital Technology
查看我们对帕斯林数字技术的最新分析
How Is ROE Calculated?
净资产收益率是如何计算的？
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 Paslin Digital Technology is:
因此，根据上述公式，帕斯林数字技术的净资产收益率为：
11% = CN¥224m ÷ CN¥2.0b (Based on the trailing twelve months to September 2023).
11%=CN元2.24亿×CN元20亿元(基于截至2023年9月的12个月)。
The 'return' is the income the business earned over the last year. That means that for every CN¥1 worth of shareholders' equity, the company generated CN¥0.11 in profit.
“回报”指的是企业在过去一年中获得的收入。这意味着，每增加价值1元的股东权益，公司就会产生0.11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. 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，我们了解到净资产收益率是衡量一家公司盈利能力的指标。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。
A Side By Side comparison of Paslin Digital Technology's Earnings Growth And 11% ROE
帕斯林数字科技盈利增长与11%净资产收益率的并列比较
To start with, Paslin Digital Technology's ROE looks acceptable. Especially when compared to the industry average of 5.5% the company's ROE looks pretty impressive. Probably as a result of this, Paslin Digital Technology was able to see a decent growth of 15% over the last five years.
首先，帕斯林数字技术公司的净资产收益率看起来还可以接受。特别是与5.5%的行业平均水平相比，该公司的净资产收益率看起来相当令人印象深刻。可能正因为如此，帕斯林数字技术公司在过去五年中能够实现15%的可观增长。
When you consider the fact that the industry earnings have shrunk at a rate of 3.9% in the same 5-year period, the company's net income growth is pretty remarkable.
当你考虑到该行业的收益在同一个5年内以3.9%的速度缩水的事实，该公司的净收入增长是相当了不起的。
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. If you're wondering about Paslin Digital Technology's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
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。如果你想知道帕斯林数字技术公司的估值，请看看这个衡量其市盈率的指标，与其行业相比。
Is Paslin Digital Technology Using Its Retained Earnings Effectively?
帕斯林数字技术公司是否有效地利用了其留存收益？
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。
Summary
摘要
In total, we are pretty happy with Paslin Digital Technology's performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. 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. Remember, the price of a stock is also dependent on the perceived risk. Therefore investors must keep themselves informed about the risks involved before investing in any company. You can see the 3 risks we have identified for Paslin Digital Technology by visiting our risks dashboard for free on our platform here.
总体而言，我们对Paslin Digital Technology的表现相当满意。特别是，我们喜欢该公司对其业务进行大量再投资，并以高回报率进行投资。不出所料，这导致了令人印象深刻的收益增长。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。记住，股票的价格也取决于感知到的风险。因此，投资者在投资任何公司之前，必须随时了解所涉及的风险。您可以通过访问我们的风险控制面板在我们的平台上是免费的。
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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。