Hydsoft Technology Co.,Ltd. (SZSE:301316) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Hydsoft Technology Co.,Ltd. (SZSE:301316) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
With its stock down 24% over the past three months, it is easy to disregard Hydsoft TechnologyLtd (SZSE:301316). 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. In this article, we decided to focus on Hydsoft TechnologyLtd's ROE.
Hydsoft TechnologyLTD(深圳证券交易所代码:301316)的股票在过去三个月中下跌了24%,很容易被忽视。但是,仔细观察其良好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。在本文中,我们决定重点介绍Hydsoft TechnologyLtd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. Put another way, it reveals the company's success at turning shareholder investments into profits.
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。换句话说,它揭示了公司成功地将股东投资转化为利润。
How Is ROE Calculated?
ROE 是如何计算的?
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 Hydsoft TechnologyLtd is:
因此,根据上述公式,Hydsoft TechnologyLtd的投资回报率为:
8.1% = CN¥85m ÷ CN¥1.1b (Based on the trailing twelve months to September 2023).
8.1% = 8500万元人民币 ¥111亿元人民币(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¥0.08.
“回报” 是过去十二个月的利润。因此,这意味着其股东每投资1元人民币,公司就会产生0.08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. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. 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利润创造指标。我们现在需要评估公司为未来增长再投资或 “保留” 了多少利润,这样我们就可以了解公司的增长潜力。假设其他一切都保持不变,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。
Hydsoft TechnologyLtd's Earnings Growth And 8.1% ROE
慧软科技有限公司的收益增长和8.1%的投资回报率
When you first look at it, Hydsoft TechnologyLtd's ROE doesn't look that attractive. However, the fact that the company's ROE is higher than the average industry ROE of 5.8%, is definitely interesting. Especially when you consider Hydsoft TechnologyLtd's exceptional 20% 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. Therefore, the growth in earnings could also be the result of other factors. Such as- high earnings retention or the company belonging to a high growth industry.
当你第一次看时,Hydsoft TechnologyLtd的投资回报率看起来并不那么吸引人。但是,该公司的投资回报率高于5.8%的行业平均投资回报率,这一事实绝对很有趣。尤其是考虑到Hydsoft TechnologyLtd在过去五年中实现了20%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,收益的增长也可能是其他因素的结果。例如-高收益留存率或属于高增长行业的公司。
We then compared Hydsoft 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 7.5% in the same 5-year period.
然后,我们将Hydsoft 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7.5%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/7781/20240224/0-88748aff85a0156b00e5d625d35a63ea-0-97db6ad351bb702eb0739d1ecc712913.png/big)
The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. Doing so will help them establish if the stock's future looks promising or ominous. Is Hydsoft TechnologyLtd 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。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。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,Hydsoft TechnologyLtd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 Hydsoft TechnologyLtd Using Its Retained Earnings Effectively?
Hydsoft TechnologyLtd 是否在有效地使用其留存
Hydsoft TechnologyLtd's three-year median payout ratio is a pretty moderate 35%, meaning the company retains 65% of its income. So it seems that Hydsoft TechnologyLtd is reinvesting efficiently in a way that it sees impressive growth in its earnings (discussed above) and pays a dividend that's well covered.
Hydsoft TechnologyLtd的三年派息率中位数为35%,这意味着该公司保留了65%的收入。因此,看来Hydsoft TechnologyLtd正在进行有效的再投资,其收益增长令人印象深刻(如上所述),并支付的股息覆盖范围广。
While Hydsoft TechnologyLtd has been growing its earnings, it only recently started to pay dividends which likely means that the company decided to impress new and existing shareholders with a dividend.
尽管Hydsoft TechnologyLtd的收益一直在增长,但它直到最近才开始派发股息,这可能意味着该公司决定用股息给新老股东留下深刻的印象。
Conclusion
结论
On the whole, we feel that Hydsoft TechnologyLtd's performance has been quite good. 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. 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 1 risk we have identified for Hydsoft TechnologyLtd visit our risks dashboard for free.
总的来说,我们认为Hydsoft TechnologyLtd的表现相当不错。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,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Hydsoft TechnologyLtd确定的一种风险,请免费访问我们的风险仪表板。
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。