Returns On Capital Are A Standout For Jiayou International LogisticsLtd (SHSE:603871)
Returns On Capital Are A Standout For Jiayou International LogisticsLtd (SHSE:603871)
What are the early trends we should look for to identify a stock that could 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. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. Speaking of which, we noticed some great changes in Jiayou International LogisticsLtd's (SHSE:603871) returns on capital, so let's have a look.
我们应该寻找哪些早期趋势来确定一只可能长期价值成倍增长的股票?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。简而言之,这些类型的企业是复合机器,这意味着他们不断以更高的回报率对收益进行再投资。说到这里,我们注意到佳友国际物流有限公司(SHSE:603871)的资本回报率发生了一些重大变化,所以让我们来看看吧。
Understanding Return On Capital Employed (ROCE)
了解资本使用回报率 (ROCE)
If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Jiayou International LogisticsLtd:
如果你以前没有与ROCE合作过,它可以衡量一家公司从其业务中使用的资本中产生的 “回报”(税前利润)。分析师使用以下公式为佳友国际物流有限公司计算得出:
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)
0.23 = CN¥1.1b ÷ (CN¥6.4b - CN¥1.7b) (Based on the trailing twelve months to September 2023).
0.23 = CN¥1.1b ¼(CN¥6.4b-CN¥1.7b) (基于截至2023年9月的过去十二个月)。
Therefore, Jiayou International LogisticsLtd has an ROCE of 23%. That's a fantastic return and not only that, it outpaces the average of 7.1% earned by companies in a similar industry.
因此,佳友国际物流有限公司的投资回报率为23%。这是一个了不起的回报,不仅如此,它还超过了同类行业公司7.1%的平均收入。
See our latest analysis for Jiayou International LogisticsLtd
查看我们对佳友国际物流有限公司的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231117/0-28cdde7e6a755e6288b9ca47c2d378bc-0-cf3001247654c1a443a1c3dea4ae536e.png/big)
In the above chart we have measured Jiayou International LogisticsLtd'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,我们对嘉友国际物流有限公司之前的投资回报率与之前的表现进行了比较,但可以说,未来更为重要。如果你有兴趣,可以在我们关于公司分析师预测的免费报告中查看分析师的预测。
What The Trend Of ROCE Can Tell Us
ROCE 的趋势能告诉我们什么
Investors would be pleased with what's happening at Jiayou International LogisticsLtd. The data shows that returns on capital have increased substantially over the last five years to 23%. Basically the business is earning more per dollar of capital invested and in addition to that, 207% more capital is being employed now too. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed.
投资者会对佳友国际物流有限公司发生的事情感到满意。数据显示,在过去五年中,资本回报率已大幅增长至23%。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207%。越来越多的资本回报率不断提高,这在多元化企业中很常见,这就是我们印象深刻的原因。
In Conclusion...
总之...
To sum it up, Jiayou International LogisticsLtd has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. And a remarkable 146% 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,佳友国际物流有限公司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,惊人的总回报率为146%,这告诉我们,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。
On a separate note, we've found 1 warning sign for Jiayou International LogisticsLtd you'll probably want to know about.
另一方面,我们已经为佳友国际物流有限公司找到了一个警告信号,你可能想知道。
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。