Is ShenZhen YUTO Packaging Technology Co., Ltd.'s (SZSE:002831) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Is ShenZhen YUTO Packaging Technology Co., Ltd.'s (SZSE:002831) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Most readers would already be aware that ShenZhen YUTO Packaging Technology's (SZSE:002831) stock increased significantly by 15% over the past month. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on ShenZhen YUTO Packaging Technology's ROE.
大多数读者已经意识到,深圳裕同包装科技(深圳证券交易所:002831)的股票在过去一个月中大幅增长了15%。鉴于从长远来看,市场会奖励强劲的财务状况,我们想知道在这种情况下是否如此。在这篇文章中,我们决定重点关注深圳裕同包装科技的投资回报率。
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 To Calculate Return On Equity?
如何计算股本回报率?
The formula for ROE is:
ROE 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 ShenZhen YUTO Packaging Technology is:
因此,根据上述公式,深圳裕同包装科技的投资回报率为:
14% = CN¥1.5b ÷ CN¥11b (Based on the trailing twelve months to September 2023).
14% = 15亿元人民币 ÷ 110亿元人民币(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. One way to conceptualize this is that for each CN¥1 of shareholders' capital it has, the company made CN¥0.14 in profit.
“回报” 是过去十二个月的利润。将其概念化的一种方法是,公司每拥有1元人民币的股东资本,公司就会获得0.14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?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. 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.
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。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。
ShenZhen YUTO Packaging Technology's Earnings Growth And 14% ROE
深圳裕同包装科技的收益增长和14%的投资回报率
At first glance, ShenZhen YUTO Packaging Technology seems to have a decent ROE. Further, the company's ROE compares quite favorably to the industry average of 5.1%. This certainly adds some context to ShenZhen YUTO Packaging Technology's decent 9.4% net income growth seen over the past five years.
乍一看,深圳裕同包装科技的投资回报率似乎不错。此外,该公司的投资回报率与行业平均水平的5.1%相比相当不错。这无疑为深圳裕同包装科技在过去五年中9.4%的净收入增长增添了一些背景信息。
Next, on comparing with the industry net income growth, we found that ShenZhen YUTO Packaging Technology's growth is quite high when compared to the industry average growth of 4.0% 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4.0%的行业平均增长率相比,深圳裕同包装科技的增长相当高,这真是太好了。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240305/0-241597ddd4a1c83a5366a56e8c1cc362-0-c1a0584a79b84223cc5b9425d2ba4a04.png/big)
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. 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 ShenZhen YUTO Packaging Technology is trading on a high P/E or a low P/E, relative to its industry.
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。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,您可能需要检查相对于该行业,深圳裕同包装科技的市盈率是高还是低。
Is ShenZhen YUTO Packaging Technology Making Efficient Use Of Its Profits?
深圳裕同包装科技是否在有效利用其利润?
ShenZhen YUTO Packaging Technology's three-year median payout ratio to shareholders is 22% (implying that it retains 78% of its income), which is on the lower side, so it seems like the management is reinvesting profits heavily to grow its business.
深圳裕同包装科技的三年股东派息率中位数为22%(这意味着其保留了78%的收入),处于较低水平,因此管理层似乎正在大量再投资利润以发展其业务。
Besides, ShenZhen YUTO Packaging Technology has been paying dividends over a period of seven years. This shows that the company is committed to sharing profits with its shareholders. Our latest analyst data shows that the future payout ratio of the company is expected to rise to 44% over the next three years. Regardless, the ROE is not expected to change much for the company despite the higher expected payout ratio.
此外,深圳裕同包装科技已经在七年内派发了股息。这表明该公司致力于与股东分享利润。我们最新的分析师数据显示,该公司的未来派息率预计将在未来三年内升至44%。无论如何,尽管预期的派息率更高,但预计该公司的投资回报率不会有太大变化。
Conclusion
结论
Overall, we are quite pleased with ShenZhen YUTO Packaging Technology's performance. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings are expected to accelerate. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.
总的来说,我们对深圳裕同包装科技的表现非常满意。特别是,很高兴看到该公司正在对其业务进行大量投资,再加上高回报率,这为其收益带来了可观的增长。话虽如此,最新的行业分析师预测显示,该公司的收益有望加速。这些分析师的预期是基于对该行业的广泛预期,还是基于公司的基本面?点击此处进入我们分析师对公司的预测页面。
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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。