Could The Market Be Wrong About Eastcompeace Technology Co.Ltd (SZSE:002017) Given Its Attractive Financial Prospects?
Could The Market Be Wrong About Eastcompeace Technology Co.Ltd (SZSE:002017) Given Its Attractive Financial Prospects?
It is hard to get excited after looking at Eastcompeace TechnologyLtd's (SZSE:002017) recent performance, when its stock has declined 13% over the past three months. However, stock prices are usually driven by a company's financial performance over the long term, which in this case looks quite promising. Particularly, we will be paying attention to Eastcompeace TechnologyLtd's ROE today.
看了Eastcompeace TechnologyLtd(深圳证券交易所:002017)最近的表现,很难感到兴奋,当时其股票在过去三个月中下跌了13%。但是,股票价格通常由公司的长期财务业绩驱动,在这种情况下,这看起来很有希望。特别是,我们今天将关注Eastcopeace TechnologyLtd的投资回报率。
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
股本回报率或投资回报率是用于评估公司管理层利用公司资本效率的关键指标。简而言之,投资回报率显示了每美元从其股东投资中产生的利润。
See our latest analysis for Eastcompeace TechnologyLtd
查看我们对 Eastcopeace 技术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 Eastcompeace TechnologyLtd is:
因此,根据上述公式,Eastcopeace TechnologyLtd的投资回报率为:
9.2% = CN¥146m ÷ CN¥1.6b (Based on the trailing twelve months to September 2023).
9.2% = 1.46亿元人民币 ÷ 16亿元人民币(基于截至2023年9月的过去十二个月)。
The 'return' is the profit over the last twelve months. So, this means that for every CN¥1 of its shareholder's investments, the company generates a profit of CN¥0.09.
“回报” 是过去十二个月的利润。因此,这意味着公司每投资1元人民币,公司就会产生0.09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. 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。
Eastcompeace TechnologyLtd's Earnings Growth And 9.2% ROE
Eastcopeace TechnologyLtd 的收益增长和 9.2%
At first glance, Eastcompeace TechnologyLtd's ROE doesn't look very promising. Although a closer study shows that the company's ROE is higher than the industry average of 6.3% which we definitely can't overlook. Especially when you consider Eastcompeace TechnologyLtd's exceptional 29% net income growth over the past five years. That being said, the company does have a slightly low ROE to begin with, just that it is higher than the industry average. Hence, there might be some other aspects that are causing earnings to grow. E.g the company has a low payout ratio or could belong to a high growth industry.
乍一看,Eastcopeace TechnologyLtd的投资回报率看起来并不十分乐观。尽管一项更仔细的研究表明,该公司的投资回报率高于行业平均水平的6.3%,但我们绝对不能忽视。尤其是考虑到Eastcopeace TechnologyLtd在过去五年中实现了29%的惊人净收入增长。话虽如此,该公司的投资回报率一开始确实略低,只是高于行业平均水平。因此,可能还有其他一些方面导致收益增长。例如,该公司的派息率较低,或者可能属于高增长行业。
We then compared Eastcompeace TechnologyLtd'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 13% in the same 5-year period.
然后,我们将Eastcompeace TechnologyLtd的净收入增长与该行业进行了比较,我们很高兴地看到,与同期同期增长率为13%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/7781/20240109/0-7f34c4f2012e5337473370b1999fc6e4-0-91f5bf58e2c654c4322486015353c049.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. This then helps them determine if the stock is placed for a bright or bleak future. Is Eastcompeace TechnologyLtd fairly valued compared to other companies? These 3 valuation measures might help you decide.
收益增长是对股票进行估值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是否已经包含在股价中。然后,这可以帮助他们确定股票是面向光明还是暗淡的未来。与其他公司相比,东方科技有限公司的估值是否合理?这3种估值指标可能会帮助您做出决定。
Is Eastcompeace TechnologyLtd Efficiently Re-investing Its Profits?
Eastcopeace TechnologyLtd 是否有效地将其利润再投资
Eastcompeace TechnologyLtd's three-year median payout ratio is a pretty moderate 37%, meaning the company retains 63% of its income. This suggests that its dividend is well covered, and given the high growth we discussed above, it looks like Eastcompeace TechnologyLtd is reinvesting its earnings efficiently.
Eastcopeace TechnologyLtd的三年派息率中位数为37%,这意味着该公司保留了63%的收入。这表明其股息覆盖范围良好,鉴于我们上面讨论的高增长,Eastcompeace TechnologyLtd似乎正在有效地对其收益进行再投资。
Besides, Eastcompeace TechnologyLtd has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders.
此外,Eastcopeace TechnologyLtd派发股息已有至少十年或更长时间了。这表明该公司致力于与股东分享利润。
Summary
摘要
In total, we are pretty happy with Eastcompeace TechnologyLtd's performance. Particularly, we like that the company is reinvesting heavily into its business at a moderate rate of return. Unsurprisingly, this has led to an impressive earnings growth. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Let's not forget, business risk is also one of the factors that affects the price of the stock. So this is also an important area that investors need to pay attention to before making a decision on any business. You can see the 1 risk we have identified for Eastcompeace TechnologyLtd by visiting our risks dashboard for free on our platform here.
总的来说,我们对Eastcopeace TechnologyLtd的表现非常满意。特别是,我们喜欢该公司以适度的回报率对其业务进行大量再投资。毫不奇怪,这带来了令人印象深刻的收益增长。考虑到每股收益如何影响长期股价,如果该公司继续以现有方式增长收益,这可能会对其股价产生积极影响。别忘了,商业风险也是影响股票价格的因素之一。因此,这也是投资者在对任何业务做出决定之前需要注意的重要领域。您可以访问我们的 Eastcopeace TechnologyLtd 确定的 1 种风险 风险仪表板 在我们的平台上免费使用。
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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。