Should Weakness in Nuode New Materials Co.,Ltd.'s (SHSE:600110) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Should Weakness in Nuode New Materials Co.,Ltd.'s (SHSE:600110) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Nuode New MaterialsLtd (SHSE:600110) has had a rough week with its share price down 4.7%. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. In this article, we decided to focus on Nuode New MaterialsLtd's ROE.
Nuode New MaterialsLtd(上海证券交易所代码:600110)经历了艰难的一周,其股价下跌了4.7%。但是,如果你密切关注,你可能会发现其关键财务指标看起来相当不错,鉴于市场通常会奖励更具弹性的长期基本面,这可能意味着该股有可能长期上涨。在本文中,我们决定重点关注诺德新材料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. 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对公司增值和管理投资者资金的有效性的考验。换句话说,它揭示了公司成功地将股东投资转化为利润。
View our latest analysis for Nuode New MaterialsLtd
查看我们对 Nuode New MaterialsLtd 的最新分析
How To Calculate Return On Equity?
如何计算股本回报率?
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 Nuode New MaterialsLtd is:
因此,根据上述公式,Nuode New MaterialsLtd的投资回报率为:
1.6% = CN¥127m ÷ CN¥7.7b (Based on the trailing twelve months to September 2023).
1.6% = 1.27亿元人民币 ¥77亿元人民币(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¥0.02 in profit.
“回报” 是企业去年获得的收入。另一种思考方式是,公司每持有价值1元人民币的股权,就能获得0.02元的利润。
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. 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,投资回报率是衡量公司盈利能力的指标。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 Nuode New MaterialsLtd's Earnings Growth And 1.6% ROE
Nuode New MaterialsLtd的收益增长和1.6%的投资回报率的并行比较
As you can see, Nuode New MaterialsLtd's ROE looks pretty weak. Even compared to the average industry ROE of 7.2%, the company's ROE is quite dismal. In spite of this, Nuode New MaterialsLtd was able to grow its net income considerably, at a rate of 35% in the last five years. We believe that there might be other aspects that are positively influencing the company's earnings growth. For instance, the company has a low payout ratio or is being managed efficiently.
如你所见,Nuode New MaterialsLtd的投资回报率看起来相当弱。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,Nuode New MaterialsLtd还是能够大幅增长其净收入,在过去五年中以35%的速度增长。我们认为,可能还有其他方面对公司的收益增长产生积极影响。例如,该公司的支付率较低或正在得到有效的管理。
We then compared Nuode New MaterialsLtd's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 14% in the same 5-year period.
然后,我们将Nuode New MaterialsLtd的净收入增长与该行业进行了比较,我们很高兴地看到,与同期5年同期增长率为14%的行业相比,该公司的增长数字更高。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231128/0-fa8c6df801e9825ffafeb43646ce28ba-0-bccb8ff624848ee538897a41dc494436.png/big)
Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. Doing so will help them establish if the stock's future looks promising or ominous. Is Nuode New MaterialsLtd 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。投资者接下来需要确定的是,预期的收益增长或缺乏收益增长是否已经包含在股价中。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,Nuode New MaterialsLtd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 Nuode New MaterialsLtd Using Its Retained Earnings Effectively?
Nuode New MaterialsLtd 是否在有效使用其留存收益?
Nuode New MaterialsLtd has a three-year median payout ratio of 37% (where it is retaining 63% of its income) which is not too low or not too high. This suggests that its dividend is well covered, and given the high growth we discussed above, it looks like Nuode New MaterialsLtd is reinvesting its earnings efficiently.
Nuode New MaterialsLtd的三年期中位支付率为37%(保留收入的63%),不算太低或不太高。这表明其股息已得到充分保障,鉴于我们上面讨论的高增长,看来Nuode New MaterialsLtd正在有效地对其收益进行再投资。
Besides, Nuode New MaterialsLtd has been paying dividends over a period of five years. This shows that the company is committed to sharing profits with its shareholders.
此外,Nuode New MaterialsLtd在五年内一直在派发股息。这表明该公司致力于与股东分享利润。
Conclusion
结论
On the whole, we do feel that Nuode New MaterialsLtd has some positive attributes. 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. On studying current analyst estimates, we found that analysts expect the company to continue its recent growth streak. 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,我们确实认为Nuode New MaterialsLtd具有一些积极的属性。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。在研究分析师目前的估计时,我们发现分析师预计该公司将继续保持最近的增长势头。要了解有关分析师对公司的最新预测的更多信息,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。