Do Its Financials Have Any Role To Play In Driving Farsoon Technologies Co., Ltd.'s (SHSE:688433) Stock Up Recently?
Do Its Financials Have Any Role To Play In Driving Farsoon Technologies Co., Ltd.'s (SHSE:688433) Stock Up Recently?
Most readers would already be aware that Farsoon Technologies' (SHSE:688433) stock increased significantly by 13% over the past month. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. Specifically, we decided to study Farsoon Technologies' ROE in this article.
大多数读者已经意识到,华晨科技(SHSE:688433)的股票在过去一个月中大幅上涨了13%。正如大多数人所知,基本面通常是指导市场价格长期走势的因素,因此我们决定今天查看该公司的关键财务指标,以确定它们在最近的价格走势中是否起到任何作用。具体而言,我们决定在本文中研究华信科技的投资回报率。
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.
股本回报率或投资回报率是股东需要考虑的重要因素,因为它可以告诉他们资本再投资的有效性。换句话说,它揭示了公司成功地将股东投资转化为利润。
Check out our latest analysis for Farsoon Technologies
查看我们对华讯科技的最新分析
How Is ROE Calculated?
ROE 是如何计算的?
ROE can be calculated by using the formula:
ROE 可以通过以下公式计算:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回报率 = 净利润(来自持续经营业务)÷ 股东权益
So, based on the above formula, the ROE for Farsoon Technologies is:
因此,根据上述公式,Farsoon Technologies的投资回报率为:
6.3% = CN¥117m ÷ CN¥1.9b (Based on the trailing twelve months to September 2023).
6.3% = 1.17亿元人民币 ¥19亿元人民币(基于截至2023年9月的过去十二个月)。
The 'return' is the profit over the last twelve months. One way to conceptualize this is that for each CN¥1 of shareholders' capital it has, the company made CN¥0.06 in profit.
“回报” 是过去十二个月的利润。将其概念化的一种方法是,每拥有1元人民币的股东资本,公司的利润为0.06元人民币。
Why Is ROE Important For Earnings Growth?
为什么投资回报率对收益增长很重要?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. 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,我们已经了解到,投资回报率衡量的是公司创造利润的效率。根据公司选择将多少利润进行再投资或 “保留”,我们便能够评估公司未来创造利润的能力。一般而言,在其他条件相同的情况下,股本回报率和利润留存率高的公司的增长率要高于不具有这些属性的公司。
A Side By Side comparison of Farsoon Technologies' Earnings Growth And 6.3% ROE
华讯科技收益增长和6.3%投资回报率的并行比较
When you first look at it, Farsoon Technologies' ROE doesn't look that attractive. However, its ROE is similar to the industry average of 7.5%, so we won't completely dismiss the company. Particularly, the exceptional 29% net income growth seen by Farsoon Technologies over the past five years is pretty remarkable. Given the slightly low ROE, it is likely that there could be some other aspects that are driving this growth. Such as - high earnings retention or an efficient management in place.
当你第一次看的时候,华讯科技的投资回报率看起来并不那么吸引人。但是,其投资回报率与7.5%的行业平均水平相似,因此我们不会完全解雇该公司。特别是,华顺科技在过去五年中实现了惊人的29%净收入增长,这非常引人注目。鉴于投资回报率略低,可能还有其他一些方面在推动这种增长。例如-高收入留存率或有效的管理。
As a next step, we compared Farsoon Technologies' net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 11%.
下一步,我们将Farsoon Technologies的净收入增长与该行业进行了比较,令人高兴的是,我们发现该公司的增长高于行业平均增长11%。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231104/0-ef909f68b7268e38ea97f9b0a8f4b71f-0-4b7e09d5bb37336b9033ae469758245a.png/big)
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 Farsoon Technologies fairly valued compared to other companies? These 3 valuation measures might help you decide.
收益增长是估值股票时要考虑的重要指标。对于投资者来说,重要的是要知道市场是否影响了公司的预期收益增长(或下降)。这样做将帮助他们确定股票的未来是光明还是不祥。与其他公司相比,华讯科技的估值是否公平?这三种估值指标可能有助于您做出决定。
Is Farsoon Technologies Making Efficient Use Of Its Profits?
华讯科技是否在有效利用其利润?
Farsoon Technologies doesn't pay any dividend to its shareholders, meaning that the company has been reinvesting all of its profits into the business. This is likely what's driving the high earnings growth number discussed above.
Farsoon Technologies不向股东支付任何股息,这意味着该公司一直在将其所有利润再投资于该业务。这可能是推动上面讨论的高收益增长数字的原因。
Conclusion
结论
Overall, we feel that Farsoon Technologies certainly does have some positive factors to consider. Even in spite of the low rate of return, the company has posted impressive earnings growth as a result of reinvesting heavily into its business. That being so, the latest analyst forecasts show that the company will continue to see an expansion in its earnings. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.
总体而言,我们认为Farsoon Technologies确实有一些积极因素需要考虑。尽管回报率很低,但由于对业务进行了大量再投资,该公司仍实现了可观的收益增长。尽管如此,最新的分析师预测显示,该公司的收益将继续增长。这些分析师的预期是基于对该行业的广泛预期,还是基于公司的基本面?点击此处进入我们分析师对公司的预测页面。
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。