Investors Shouldn't Overlook Sinomine Resource Group's (SZSE:002738) Impressive Returns On Capital
Investors Shouldn't Overlook Sinomine Resource Group's (SZSE:002738) Impressive Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? 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. So when we looked at the ROCE trend of Sinomine Resource Group (SZSE:002738) we really liked what we saw.
你知道有一些财务指标可以为潜在的多袋装袋者提供线索吗?首先,我们想找一个正在成长的 返回 关于已用资本(ROCE),然后除此之外,还不断增加 基础 已动用资本的百分比。归根结底,这表明这是一家以更高的回报率对利润进行再投资的企业。因此,当我们查看中矿资源集团(SZSE:002738)的投资回报率趋势时,我们真的很喜欢我们所看到的。
Understanding Return On Capital Employed (ROCE)
了解资本使用回报率 (ROCE)
Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Sinomine Resource Group, this is the formula:
如果您不确定,可以澄清一下,ROCE是评估公司从投资于其业务的资本中获得多少税前收入(按百分比计算)的指标。要计算中矿资源集团的该指标,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)
0.29 = CN¥3.9b ÷ (CN¥16b - CN¥2.7b) (Based on the trailing twelve months to September 2023).
0.29 = CN¥3.9b ≤(CN¥16b-cn¥2.7b) (基于截至2023年9月的过去十二个月)。
So, Sinomine Resource Group has an ROCE of 29%. In absolute terms that's a great return and it's even better than the Metals and Mining industry average of 6.2%.
因此,中矿资源集团的投资回报率为29%。从绝对值来看,这是一个不错的回报,甚至比金属和采矿业6.2%的平均水平还要好。
Check out our latest analysis for Sinomine Resource Group
查看我们对中矿资源集团的最新分析
Above you can see how the current ROCE for Sinomine Resource Group compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Sinomine Resource Group here for free.
在上方你可以看到中矿资源集团当前的投资回报率与之前的资本回报率的比较,但从过去可以看出来只有这么多。如果你愿意,可以在这里免费查看中矿资源集团分析师的预测。
What Can We Tell From Sinomine Resource Group's ROCE Trend?
我们可以从中矿资源集团的投资回报率趋势中看出什么?
Sinomine Resource Group is displaying some positive trends. The numbers show that in the last five years, the returns generated on capital employed have grown considerably to 29%. Basically the business is earning more per dollar of capital invested and in addition to that, 502% more capital is being employed now too. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers.
中矿资源集团显示出一些积极的趋势。数字显示,在过去五年中,所用资本产生的回报率已大幅增长至29%。基本上,企业每投资1美元的资本就能获得更多的收入,除此之外,现在使用的资本也增加了502%。这可能表明,内部投资资本的机会很多,而且利率越来越高,这种组合在多元化企业中很常见。
In another part of our analysis, we noticed that the company's ratio of current liabilities to total assets decreased to 17%, which broadly means the business is relying less on its suppliers or short-term creditors to fund its operations. So this improvement in ROCE has come from the business' underlying economics, which is great to see.
在分析的另一部分中,我们注意到该公司的流动负债与总资产的比率降至17%,这从广义上意味着该企业减少了对供应商或短期债权人为其运营提供资金的依赖。因此,投资回报率的提高来自于该企业的基础经济学,很高兴看到这一点。
Our Take On Sinomine Resource Group's ROCE
我们对中矿资源集团投资回报率的看法
To sum it up, Sinomine Resource Group has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. And a remarkable 358% total return over the last five years tells us that investors are expecting more good things to come in the future. Therefore, we think it would be worth your time to check if these trends are going to continue.
总而言之,中矿资源集团已经证明它可以对业务进行再投资,并从所用资本中获得更高的回报,这太棒了。在过去五年中,358%的惊人总回报率告诉我们,投资者预计未来会有更多的好处。因此,我们认为值得您花时间检查这些趋势是否会持续下去。
One more thing: We've identified 3 warning signs with Sinomine Resource Group (at least 1 which is potentially serious) , and understanding them would certainly be useful.
还有一件事:我们已经向Sinomine Resource Group发现了3个警告信号(至少有1个可能很严重),了解它们肯定会很有用。
High returns are a key ingredient to strong performance, so check out our free list ofstocks earning high returns on equity with solid balance sheets.
高回报是强劲表现的关键因素,因此请查看我们的免费股本回报率高且资产负债表稳健的股票清单。
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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。