JILIN JINGUAN ELECTRIC Co.,Ltd's (SZSE:300510) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
JILIN JINGUAN ELECTRIC Co.,Ltd's (SZSE:300510) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
JILIN JINGUAN ELECTRICLtd (SZSE:300510) has had a rough week with its share price down 6.9%. However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. Particularly, we will be paying attention to JILIN JINGUAN ELECTRICLtd's ROE today.
吉林金冠电气有限公司(深交所代码:300510)经历了艰难的一周,其股价下跌了6.9%。但是,该公司的基本面看起来相当不错,长期财务状况通常与未来的市场价格走势保持一致。特别是,我们今天将关注吉林金冠电气有限公司的投资回报率。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
股本回报率或投资回报率是对公司增值和管理投资者资金的有效性的考验。简而言之,它衡量公司相对于股东权益的盈利能力。
Check out our latest analysis for JILIN JINGUAN ELECTRICLtd
查看我们对吉林金冠电气有限公司的最新分析
How To Calculate Return On Equity?
如何计算股本回报率?
Return on equity can be calculated by using the formula:
股本回报率可以使用以下公式计算:
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 JILIN JINGUAN ELECTRICLtd is:
因此,根据上述公式,吉林金冠电气有限公司的投资回报率为:
2.6% = CN¥70m ÷ CN¥2.7b (Based on the trailing twelve months to September 2023).
2.6% = 7000万元人民币 ¥27亿元人民币(基于截至2023年9月的过去十二个月)。
The 'return' is the income the business earned over the last year. Another way to think of that is that for every CN¥1 worth of equity, the company was able to earn CN¥0.03 in profit.
“回报” 是企业在过去一年中获得的收入。另一种想法是,公司每持有1元人民币的股权,就能赚取0.03元人民币的利润。
Why Is ROE Important For Earnings Growth?
为什么投资回报率对收益增长很重要?
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. 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,投资回报率是衡量公司盈利能力的指标。然后,我们能够评估公司的收益增长潜力,具体取决于公司对这些利润进行再投资或 “保留” 了多少及其有效性。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 JILIN JINGUAN ELECTRICLtd's Earnings Growth And 2.6% ROE
吉林金冠电气有限公司收益增长和2.6%投资回报率的并行比较
It is quite clear that JILIN JINGUAN ELECTRICLtd's ROE is rather low. Even compared to the average industry ROE of 7.2%, the company's ROE is quite dismal. Despite this, surprisingly, JILIN JINGUAN ELECTRICLtd saw an exceptional 23% net income growth over the past five years. We reckon that there could be other factors at play here. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio.
很明显,吉林金冠电气有限公司的投资回报率相当低。即使与7.2%的行业平均投资回报率相比,该公司的投资回报率也相当令人沮丧。尽管如此,令人惊讶的是,吉林金冠电气有限公司在过去五年中实现了23%的惊人净收入增长。我们认为这里可能还有其他因素在起作用。例如,公司的管理层可能已经做出了一些良好的战略决策,或者公司的支付率很低。
As a next step, we compared JILIN JINGUAN ELECTRICLtd's 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 14%.
下一步,我们将吉林金冠电气有限公司的净收入增长与行业进行了比较,令人高兴的是,我们发现该公司的增长高于行业平均水平的14%的增长。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231123/0-d4625845ce9825c4541ff68964dca5df-0-e3c6dbd215e287ea9a66a2a4915bf318.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). This then helps them determine if the stock is placed for a bright or bleak future. Is JILIN JINGUAN ELECTRICLtd 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)。然后,这可以帮助他们确定股票是面向光明还是黯淡的未来。与其他公司相比,吉林金冠电气有限公司的估值是否公平?这三种估值指标可能有助于您做出决定。
Is JILIN JINGUAN ELECTRICLtd Efficiently Re-investing Its Profits?
吉林金冠电气有限公司是否有效地将其利润再投资?
JILIN JINGUAN ELECTRICLtd 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.
吉林金冠电气有限公司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。
Summary
摘要
In total, it does look like JILIN JINGUAN ELECTRICLtd has some positive aspects to its business. Despite its low rate of return, the fact that the company reinvests a very high portion of its profits into its business, no doubt contributed to its high earnings growth. Having said that, looking at the current analyst estimates, we found that the company's earnings are expected to gain momentum. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.
总的来说,吉林金冠电气有限公司的业务确实有一些积极的方面。尽管回报率低,但该公司将其利润的很大一部分再投资于业务这一事实无疑促进了其高收益增长。话虽如此,从分析师目前的估计来看,我们发现该公司的收益有望增强。要详细了解分析师对公司的最新预测,请查看分析师对公司的预测的可视化。
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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。