Cetc Potevio Science&TechnologyLtd (SZSE:002544) Will Want To Turn Around Its Return Trends
Cetc Potevio Science&TechnologyLtd (SZSE:002544) Will Want To Turn Around Its Return Trends
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Having said that, from a first glance at Cetc Potevio Science&TechnologyLtd (SZSE:002544) we aren't jumping out of our chairs at how returns are trending, but let's have a deeper look.
如果我们想确定下一个多功能装袋机,有一些关键趋势需要关注。理想情况下,企业将表现出两种趋势;首先是增长 返回 论资本使用率(ROCE),其次是增加 金额 所用资本的比例。基本上,这意味着公司拥有可以继续进行再投资的盈利计划,这是复合机器的特征。话虽如此,乍一看Cetc Potevio Science&TechnologyLtd(深圳证券交易所:002544),我们并不是对回报趋势不屑一顾,但让我们更深入地了解一下。
What Is Return On Capital Employed (ROCE)?
什么是资本使用回报率(ROCE)?
For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Cetc Potevio Science&TechnologyLtd, this is the formula:
对于那些不确定ROCE是什么的人,它衡量的是公司从其业务中使用的资本中可以产生的税前利润金额。要计算Cetc Potevio Science&TechnologyLtd的这一指标,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)
0.036 = CN¥149m ÷ (CN¥10b - CN¥6.1b) (Based on the trailing twelve months to September 2023).
0.036 = 1.49亿元人民币 ÷(10亿元人民币-61亿元人民币) (基于截至2023年9月的过去十二个月)。
So, Cetc Potevio Science&TechnologyLtd has an ROCE of 3.6%. Ultimately, that's a low return and it under-performs the Communications industry average of 5.1%.
因此,Cetc Potevio Science&TechnologyLtd的投资回报率为3.6%。归根结底,这是一个低回报,其表现低于通信行业5.1%的平均水平。
Check out our latest analysis for Cetc Potevio Science&TechnologyLtd
查看我们对 Cetc Potevio Science&TechnologyLtd 的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240102/0-e6f5e3803dfbd9e5f9d46ef0839341e0-0-8a4f264c5f4dbca767195b9a5696a1a6.png/big)
In the above chart we have measured Cetc Potevio Science&TechnologyLtd's prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering Cetc Potevio Science&TechnologyLtd here for free.
在上图中,我们将Cetc Potevio Science&TechnologyLtd之前的投资回报率与之前的表现进行了对比,但可以说,未来更为重要。如果你愿意,可以在这里免费查看报道Cetc Potevio Science&TechnologyLtd的分析师的预测。
So How Is Cetc Potevio Science&TechnologyLtd's ROCE Trending?
那么 Cetc Potevio Science&TechnologyLtd 的 ROCE 趋势如何?
When we looked at the ROCE trend at Cetc Potevio Science&TechnologyLtd, we didn't gain much confidence. To be more specific, ROCE has fallen from 7.5% over the last five years. On the other hand, the company has been employing more capital without a corresponding improvement in sales in the last year, which could suggest these investments are longer term plays. It's worth keeping an eye on the company's earnings from here on to see if these investments do end up contributing to the bottom line.
当我们研究Cetc Potevio Science&TechnologyLtd的投资回报率趋势时,我们并没有获得太大的信心。更具体地说,投资回报率已从过去五年的7.5%下降。另一方面,该公司在去年一直在使用更多资本,但销售额没有相应改善,这可能表明这些投资是长期投资。从现在起,值得关注公司的收益,看看这些投资最终是否确实为利润做出了贡献。
Another thing to note, Cetc Potevio Science&TechnologyLtd has a high ratio of current liabilities to total assets of 59%. This effectively means that suppliers (or short-term creditors) are funding a large portion of the business, so just be aware that this can introduce some elements of risk. While it's not necessarily a bad thing, it can be beneficial if this ratio is lower.
需要注意的另一件事是,Cetc Potevio科学与技术有限公司的流动负债与总资产的比率很高,为59%。这实际上意味着供应商(或短期债权人)正在为业务的很大一部分提供资金,因此请注意,这可能会带来一些风险因素。虽然这不一定是坏事,但如果这个比率较低,可能会有好处。
What We Can Learn From Cetc Potevio Science&TechnologyLtd's ROCE
我们可以从 Cetc Potevio Science&TechnologyLtd 的 ROCE 中学到什么
To conclude, we've found that Cetc Potevio Science&TechnologyLtd is reinvesting in the business, but returns have been falling. Since the stock has gained an impressive 73% over the last five years, investors must think there's better things to come. Ultimately, if the underlying trends persist, we wouldn't hold our breath on it being a multi-bagger going forward.
总而言之,我们发现Cetc Potevio Science&TechnologyLtd正在对该业务进行再投资,但回报率一直在下降。由于该股在过去五年中上涨了令人印象深刻的73%,因此投资者必须认为会有更好的事情发生。归根结底,如果潜在的趋势持续下去,我们就不会屏住呼吸了。
On a final note, we've found 1 warning sign for Cetc Potevio Science&TechnologyLtd that we think you should be aware of.
最后,我们发现了Cetc Potevio Science&TechnologyLtd的1个警告标志,我们认为你应该注意这个标志。
If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity.
如果你想寻找收益丰厚的稳健公司,可以免费查看这份资产负债表良好且股本回报率可观的公司名单。
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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。