share_log

Guangxi Yuegui Guangye Holdings Co., Ltd. (SZSE:000833) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Guangxi Yuegui Guangye Holdings Co., Ltd. (SZSE:000833) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

广西悦贵光业控股有限公司(SZSE: 000833)股票一直在下滑,但基本面看起来不错:未来市场会修正股价吗?
Simply Wall St ·  01/23 14:50

Guangxi Yuegui Guangye Holdings (SZSE:000833) has had a rough week with its share price down 12%. 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. Particularly, we will be paying attention to Guangxi Yuegui Guangye Holdings' ROE today.

广西悦贵光业控股(深圳证券交易所代码:000833)经历了艰难的一周,其股价下跌了12%。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。特别是,我们今天将关注广西悦贵光业控股的投资回报率。

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。

See our latest analysis for Guangxi Yuegui Guangye Holdings

查看我们对广西悦桂光业控股的最新分析

How To Calculate Return On Equity?

如何计算股本回报率?

The formula for return on equity is:

股本回报率的公式是:

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 Guangxi Yuegui Guangye Holdings is:

因此,根据上述公式,广西悦桂光业控股的投资回报率为:

0.5% = CN¥17m ÷ CN¥3.3b (Based on the trailing twelve months to September 2023).

0.5% = 1700万元人民币 ÷ 33亿元人民币(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¥0.01.

“回报” 是过去十二个月的利润。因此,这意味着该公司每投资1元人民币,就会产生0.01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 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。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。

A Side By Side comparison of Guangxi Yuegui Guangye Holdings' Earnings Growth And 0.5% ROE

广西悦贵光业控股的收益增长和0.5%的投资回报率的并排比较

It is quite clear that Guangxi Yuegui Guangye Holdings' ROE is rather low. Even when compared to the industry average of 3.9%, the ROE figure is pretty disappointing. In spite of this, Guangxi Yuegui Guangye Holdings was able to grow its net income considerably, at a rate of 29% in the last five years. We believe that there might be other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place.

很明显,广西悦贵光业控股的投资回报率相当低。即使与3.9%的行业平均水平相比,投资回报率的数字也相当令人失望。尽管如此,广西悦贵光业控股的净收入仍大幅增长,在过去五年中增长了29%。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——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 Guangxi Yuegui Guangye Holdings' growth is quite high when compared to the industry average growth of 7.7% 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,与同期行业平均增长7.7%相比,广西悦桂光业控股的增长相当高,这令人欣喜。

past-earnings-growth
SZSE:000833 Past Earnings Growth January 23rd 2024
SZSE: 000833 过去的收益增长 2024 年 1 月 23 日

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. If you're wondering about Guangxi Yuegui Guangye Holdings''s valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.

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。如果你想知道广西悦贵光业控股的估值,可以看看这个衡量其市盈率与行业相比的指标。

Is Guangxi Yuegui Guangye Holdings Efficiently Re-investing Its Profits?

广西悦贵光业控股是否有效地将其利润再投资?

Guangxi Yuegui Guangye Holdings' three-year median payout ratio to shareholders is 16%, which is quite low. This implies that the company is retaining 84% of its profits. So it looks like Guangxi Yuegui Guangye Holdings is reinvesting profits heavily to grow its business, which shows in its earnings growth.

广西悦贵光业控股的三年股东派息率中位数为16%,相当低。这意味着该公司保留了84%的利润。因此,看来广西悦桂光业控股正在将利润进行大量再投资以发展其业务,这体现在其收益增长上。

Besides, Guangxi Yuegui Guangye Holdings has been paying dividends over a period of eight years. This shows that the company is committed to sharing profits with its shareholders.

此外,广西悦桂光业控股已在八年内派发了股息。这表明该公司致力于与股东分享利润。

Summary

摘要

Overall, we feel that Guangxi Yuegui Guangye Holdings certainly does have some positive factors to consider. With a high rate of reinvestment, albeit at a low ROE, the company has managed to see a considerable growth in its earnings. While we won't completely dismiss the company, what we would do, is try to ascertain how risky the business is to make a more informed decision around the company. You can see the 3 risks we have identified for Guangxi Yuegui Guangye Holdings by visiting our risks dashboard for free on our platform here.

总体而言,我们认为广西悦桂光业控股确实有一些积极因素需要考虑。尽管投资回报率很低,但由于再投资率很高,该公司的收益实现了可观的增长。虽然我们不会完全解散公司,但我们要做的是努力确定业务的风险,以便在公司周围做出更明智的决定。您可以访问我们的 3 种风险来查看我们为广西悦贵光业控股确定的三种风险 风险仪表板 在我们的平台上免费使用。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
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。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    抢沙发