Should Weakness in Baimtec Material Co.,Ltd.'s (SHSE:688563) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Should Weakness in Baimtec Material Co.,Ltd.'s (SHSE:688563) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Baimtec MaterialLtd (SHSE:688563) has had a rough month with its share price down 7.9%. 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. Specifically, we decided to study Baimtec MaterialLtd's ROE in this article.
Baimtec MaterialLTD(上海证券交易所代码:688563)经历了艰难的一个月,其股价下跌了7.9%。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,考虑到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在长期内上涨。具体而言,我们决定在本文中研究Baimtec MaterialLTD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. 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用于评估公司管理层利用公司资本效率的关键指标。换句话说,它揭示了公司成功地将股东投资转化为利润。
Check out our latest analysis for Baimtec MaterialLtd
查看我们对 Baimtec MateriallTD 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 Baimtec MaterialLtd is:
因此,根据上述公式,Baimtec MaterialLtd的投资回报率为:
5.5% = CN¥543m ÷ CN¥9.9b (Based on the trailing twelve months to September 2023).
5.5% = 5.43亿元人民币 ÷ 99亿元人民币(基于截至2023年9月的过去十二个月)。
The 'return' is the amount earned after tax over the last twelve months. One way to conceptualize this is that for each CN¥1 of shareholders' capital it has, the company made CN¥0.05 in profit.
“回报” 是过去十二个月的税后收入。将其概念化的一种方法是,每拥有1元人民币的股东资本,公司的利润为0.05元人民币。
Why Is ROE Important For Earnings Growth?
为什么投资回报率对收益增长很重要?
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. 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. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.
我们已经确定,投资回报率是衡量公司未来收益的有效盈利指标。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。假设其他一切保持不变,那么与不一定具有这些特征的公司相比,投资回报率和利润保留率越高,公司的增长率就越高。
Baimtec MaterialLtd's Earnings Growth And 5.5% ROE
Baimtec MaterialLTD 的收益增长和 5.5% 的投资回报率
At first glance, Baimtec MaterialLtd's ROE doesn't look very promising. However, given that the company's ROE is similar to the average industry ROE of 5.8%, we may spare it some thought. Moreover, we are quite pleased to see that Baimtec MaterialLtd's net income grew significantly at a rate of 33% over the last five years. Taking into consideration that the ROE is not particularly high, we reckon that there could also be other factors at play which could be influencing the company's growth. Such as - high earnings retention or an efficient management in place.
乍一看,Baimtec MaterialLTD的投资回报率看起来并不十分乐观。但是,鉴于该公司的投资回报率与5.8%的行业平均投资回报率相似,我们可以不加思索。此外,我们很高兴看到Baimtec MaterialLTD的净收入在过去五年中以33%的速度大幅增长。考虑到投资回报率不是特别高,我们认为还可能有其他因素在起作用,这些因素可能会影响公司的增长。例如——高收益留存率或实行高效管理。
We then compared Baimtec MaterialLtd'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Baimtec MaterialLTD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。
The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. Is Baimtec MaterialLtd fairly valued compared to other companies? These 3 valuation measures might help you decide.
为公司附加价值的基础在很大程度上与其收益增长息息相关。无论如何,投资者应设法确定预期的收益增长或下降是否已计入其中。这样做将帮助他们确定股票的未来是乐观还是不祥的。与其他公司相比,Baimtec MaterialLTD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 Baimtec MaterialLtd Efficiently Re-investing Its Profits?
Baimtec MaterialLTD 是否有效地将其利润再投资?
Baimtec MaterialLtd's three-year median payout ratio to shareholders is 9.1%, which is quite low. This implies that the company is retaining 91% of its profits. This suggests that the management is reinvesting most of the profits to grow the business as evidenced by the growth seen by the company.
Baimtec MaterialLTD的三年股东派息率中位数为9.1%,相当低。这意味着该公司保留了91%的利润。这表明管理层正在将大部分利润再投资于业务增长,公司的增长就证明了这一点。
Summary
摘要
On the whole, we do feel that Baimtec MaterialLtd 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 company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.
总的来说,我们确实认为Baimtec MaterialLTD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,该公司的收益增长令人印象深刻。在研究分析师当前的估计时,我们发现分析师预计该公司将继续保持最近的增长势头。要了解有关公司未来收益增长预测的更多信息,请查看这份免费的分析师预测报告,以了解更多信息。
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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。