Is CETC Digital Technology Co.,Ltd.'s (SHSE:600850) Latest Stock Performance A Reflection Of Its Financial Health?
Is CETC Digital Technology Co.,Ltd.'s (SHSE:600850) Latest Stock Performance A Reflection Of Its Financial Health?
CETC Digital TechnologyLtd (SHSE:600850) has had a great run on the share market with its stock up by a significant 34% 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. Specifically, we decided to study CETC Digital TechnologyLtd's ROE in this article.
CETC Digital TechnologyLtd(上海证券交易所代码:600850)在股票市场上表现良好,其股票比上个月大幅上涨了34%。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。具体而言,我们决定在本文中研究中电科数字科技有限公司的投资回报率。
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
股本回报率或投资回报率是股东需要考虑的重要因素,因为它可以告诉他们资本再投资的有效性。简而言之,它衡量公司相对于股东权益的盈利能力。
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 CETC Digital TechnologyLtd is:
因此,根据上述公式,CETC数字技术有限公司的投资回报率为:
11% = CN¥497m ÷ CN¥4.4b (Based on the trailing twelve months to December 2023).
11% = 4.97亿元人民币 ÷ 44亿元人民币(基于截至2023年12月的过去十二个月)。
The 'return' is the yearly profit. That means that for every CN¥1 worth of shareholders' equity, the company generated CN¥0.11 in profit.
“回报” 是每年的利润。这意味着,公司每获得价值1元人民币的股东权益,就会产生0.11元的利润。
What Has ROE Got To Do With Earnings Growth?
投资回报率与收益增长有什么关系?
So far, we've learned that ROE is a measure of a company's profitability. 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. 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,投资回报率是衡量公司盈利能力的指标。现在,我们需要评估公司再投资或 “保留” 了多少利润以用于未来的增长,从而使我们对公司的增长潜力有所了解。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。
CETC Digital TechnologyLtd's Earnings Growth And 11% ROE
CETC数字技术有限公司的收益增长和11%的投资回报率
At first glance, CETC Digital TechnologyLtd seems to have a decent ROE. Further, the company's ROE compares quite favorably to the industry average of 5.2%. This probably laid the ground for CETC Digital TechnologyLtd's moderate 13% net income growth seen over the past five years.
乍一看,CETC数字技术有限公司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5.2%相比相当不错。这可能为CETC数字技术有限公司在过去五年中实现13%的温和净收入增长奠定了基础。
As a next step, we compared CETC Digital TechnologyLtd's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 6.6%.
下一步,我们将CETC Digital TechnologyLtd的净收入增长与该行业进行了比较,令人高兴的是,我们发现该公司的增长高于6.6%的行业平均增长。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240307/0-041f835162fc97769b34d5c231fc1d3a-0-592c375ce2b8f12fc4659fb595b86cb3.png/big)
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. Doing so will help them establish if the stock's future looks promising or ominous. Is 600850 fairly valued? This infographic on the company's intrinsic value has everything you need to know.
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。这样做将帮助他们确定股票的未来是乐观还是不祥的。600850 的估值是否合理?这张关于公司内在价值的信息图包含了你需要知道的一切。
Is CETC Digital TechnologyLtd Efficiently Re-investing Its Profits?
CETC数字技术有限公司是否有效地将其利润再投资?
CETC Digital TechnologyLtd has a healthy combination of a moderate three-year median payout ratio of 39% (or a retention ratio of 61%) and a respectable amount of growth in earnings as we saw above, meaning that the company has been making efficient use of its profits.
CETC Digital TechnologyLtd的三年派息率中位数为39%(或61%的留存率),再加上我们在上面看到的可观的收益增长,这意味着该公司一直在有效利用其利润。
Additionally, CETC Digital TechnologyLtd has paid dividends over a period of at least ten years which means that the company is pretty serious about sharing its profits with shareholders.
此外,CETC Digital TechnologyLtd已在至少十年内派发了股息,这意味着该公司非常认真地与股东分享利润。
Summary
摘要
On the whole, we feel that CETC Digital TechnologyLtd's performance has been quite good. 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,我们觉得中电科数码科技有限公司的表现相当不错。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。