Ningbo Shimao Energy Co.,Ltd (SHSE:605028) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Ningbo Shimao Energy Co.,Ltd (SHSE:605028) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
It is hard to get excited after looking at Ningbo Shimao EnergyLtd's (SHSE:605028) recent performance, when its stock has declined 14% over the past week. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Particularly, we will be paying attention to Ningbo Shimao EnergyLtd's ROE today.
看了宁波世茂能源有限公司(SHSE: 605028)最近的表现,很难感到兴奋,当时该公司的股票在过去一周下跌了14%。但是,仔细观察其稳健的财务状况可能会让你重新考虑。鉴于基本面通常会推动长期市场业绩,因此该公司值得关注。特别是,我们今天将关注宁波世茂能源有限公司的投资回报率。
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
投资回报率或股本回报率是评估公司如何有效地从股东那里获得投资回报的有用工具。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。
Check out our latest analysis for Ningbo Shimao EnergyLtd
查看我们对宁波世茂能源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 Ningbo Shimao EnergyLtd is:
因此,根据上述公式,宁波世茂能源有限公司的投资回报率为:
16% = CN¥204m ÷ CN¥1.3b (Based on the trailing twelve months to September 2023).
16% = 2.04亿元人民币 ÷ 13亿元人民币(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. One way to conceptualize this is that for each CN¥1 of shareholders' capital it has, the company made CN¥0.16 in profit.
“回报” 是企业在过去一年中获得的收入。对此进行概念化的一种方法是,该公司每拥有1元人民币的股本即可获得0.16元人民币的利润。
What Has ROE Got To Do With Earnings Growth?
投资回报率与收益增长有什么关系?
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. 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. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.
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。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。假设其他条件都一样,与功能不相同的公司相比,具有更高股本回报率和更高利润保留率的公司通常具有更高的增长率。
A Side By Side comparison of Ningbo Shimao EnergyLtd's Earnings Growth And 16% ROE
宁波世茂能源有限公司的收益增长和16%的投资回报率的并排比较
To start with, Ningbo Shimao EnergyLtd's ROE looks acceptable. Especially when compared to the industry average of 8.7% the company's ROE looks pretty impressive. Probably as a result of this, Ningbo Shimao EnergyLtd was able to see an impressive net income growth of 25% over the last five years. We reckon that there could also be other factors at play here. Such as - high earnings retention or an efficient management in place.
首先,宁波世茂能源有限公司的投资回报率似乎可以接受。特别是与行业平均水平的8.7%相比,该公司的投资回报率看起来相当可观。可能正因为如此,宁波世茂能源有限公司在过去五年中实现了令人印象深刻的25%的净收入增长。我们认为,这里可能还有其他因素在起作用。例如——高收益留存率或实行高效管理。
Next, on comparing with the industry net income growth, we found that Ningbo Shimao EnergyLtd's growth is quite high when compared to the industry average growth of 7.5% in the same period, which is great to see.
接下来,与行业净收入增长相比,我们发现宁波世茂能源有限公司的增长与同期7.5%的行业平均增长率相比相当高,这真是令人欣喜。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240123/0-60af73e899c107a7864c313d0721e825-0-38539b3ed3fbe74828730bc552f8a1c6.png/big)
Earnings growth is a huge factor in stock valuation. 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. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Ningbo Shimao EnergyLtd is trading on a high P/E or a low P/E, relative to its industry.
收益增长是股票估值的重要因素。对于投资者来说,重要的是要知道市场是否对公司的预期收益增长(或下降)进行了定价。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。衡量预期收益增长的一个很好的指标是市盈率,它根据收益前景决定了市场愿意为股票支付的价格。因此,您可能需要检查宁波世茂能源有限公司相对于其行业是高市盈率还是低市盈率。
Is Ningbo Shimao EnergyLtd Making Efficient Use Of Its Profits?
宁波世茂能源有限公司是否在有效利用其利润?
While the company did pay out a portion of its dividend in the past, it currently doesn't pay a dividend. This is likely what's driving the high earnings growth number discussed above.
尽管该公司过去确实支付了部分股息,但目前不支付股息。这可能是推动上述高收益增长数字的原因。
Conclusion
结论
On the whole, we feel that Ningbo Shimao EnergyLtd's performance has been quite good. Particularly, we like that the company is reinvesting heavily into its business, and at a high 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. To know the 1 risk we have identified for Ningbo Shimao EnergyLtd visit our risks dashboard for free.
总的来说,我们觉得宁波世茂能源有限公司的表现相当不错。特别是,我们喜欢该公司对其业务进行大量再投资,而且回报率很高。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。要了解我们为宁波世茂能源有限公司确定的1种风险,请免费访问我们的风险仪表板。
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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。