Shanghai Jinqiao Export Processing Zone Development Co.,Ltd's (SHSE:600639) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Shanghai Jinqiao Export Processing Zone Development Co.,Ltd's (SHSE:600639) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Shanghai Jinqiao Export Processing Zone DevelopmentLtd (SHSE:600639) has had a great run on the share market with its stock up by a significant 29% over the last month. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. In this article, we decided to focus on Shanghai Jinqiao Export Processing Zone DevelopmentLtd's ROE.
上海金桥出口加工区开发有限公司(SHSE: 600639)在股票市场上表现良好,其股票比上个月大幅上涨了29%。鉴于公司的出色表现,我们决定更仔细地研究其财务指标,因为公司的长期财务状况通常决定市场业绩。在本文中,我们决定重点介绍上海金桥出口加工区开发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. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
ROE或股本回报率是评估公司如何有效地从股东那里获得的投资中获得回报的有用工具。简而言之,它用于评估公司相对于其股权资本的盈利能力。
How Is ROE Calculated?
ROE 是如何计算的?
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 Shanghai Jinqiao Export Processing Zone DevelopmentLtd is:
因此,根据上述公式,上海金桥出口加工区开发有限公司的投资回报率为:
13% = CN¥2.1b ÷ CN¥17b (Based on the trailing twelve months to September 2023).
13% = 21亿元人民币 ÷ 170亿元人民币(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¥0.13 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0.13元人民币的利润。
What Is The Relationship Between ROE And Earnings Growth?
投资回报率与收益增长之间有什么关系?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. 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,投资回报率衡量的是公司创造利润的效率。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。
Shanghai Jinqiao Export Processing Zone DevelopmentLtd's Earnings Growth And 13% ROE
上海金桥出口加工区开发有限公司的收益增长和13%的投资回报率
At first glance, Shanghai Jinqiao Export Processing Zone DevelopmentLtd seems to have a decent ROE. On comparing with the average industry ROE of 5.4% the company's ROE looks pretty remarkable. Probably as a result of this, Shanghai Jinqiao Export Processing Zone DevelopmentLtd was able to see a decent growth of 20% over the last five years.
乍一看,上海金桥出口加工区开发有限公司的投资回报率似乎不错。与5.4%的行业平均投资回报率相比,该公司的投资回报率看起来相当可观。可能是由于这个原因,上海金桥出口加工区开发有限公司在过去五年中得以实现20%的可观增长。
When you consider the fact that the industry earnings have shrunk at a rate of 5.2% in the same 5-year period, the company's net income growth is pretty remarkable.
考虑到该行业收益在同期5年内以5.2%的速度萎缩这一事实,该公司的净收入增长非常显著。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240221/0-6789c41d3770727a99b6931a5dabd44e-0-6c81445249c5169ecaae89e660f7ad1d.png/big)
Earnings growth is an important metric to consider when valuing a stock. 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 Shanghai Jinqiao Export Processing Zone DevelopmentLtd 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。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,上海金桥出口加工区开发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 Shanghai Jinqiao Export Processing Zone DevelopmentLtd Making Efficient Use Of Its Profits?
上海金桥出口加工区开发有限公司是否在有效利用其利润?
With a three-year median payout ratio of 30% (implying that the company retains 70% of its profits), it seems that Shanghai Jinqiao Export Processing Zone DevelopmentLtd is reinvesting efficiently in a way that it sees respectable amount growth in its earnings and pays a dividend that's well covered.
上海金桥出口加工区开发有限公司的三年派息率中位数为30%(这意味着该公司保留了70%的利润),看来正在进行有效的再投资,其收益将实现可观的增长,并支付的股息覆盖范围广。
Besides, Shanghai Jinqiao Export Processing Zone DevelopmentLtd 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,上海金桥出口加工区开发有限公司已经派发了至少十年或更长时间的股息。这表明该公司致力于与股东分享利润。
Conclusion
结论
In total, we are pretty happy with Shanghai Jinqiao Export Processing Zone DevelopmentLtd's performance. 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. Not to forget, share price outcomes are also dependent on the potential risks a company may face. So it is important for investors to be aware of the risks involved in the business. To know the 4 risks we have identified for Shanghai Jinqiao Export Processing Zone DevelopmentLtd visit our risks dashboard for free.
总的来说,我们对上海金桥出口加工区开发有限公司的表现非常满意。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,股价结果还取决于公司可能面临的潜在风险。因此,投资者必须意识到业务所涉及的风险。要了解我们为上海金桥出口加工区开发有限公司确定的四种风险,请免费访问我们的风险控制面板。
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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。