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Lontrue's (SZSE:300175) Returns On Capital Are Heading Higher

Lontrue's (SZSE:300175) Returns On Capital Are Heading Higher

Lontrue(深圳证券交易所代码:300175)的资本回报率正在走高
Simply Wall St ·  05/01 00:07

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So when we looked at Lontrue (SZSE:300175) and its trend of ROCE, we really liked what we saw.

我们应该寻找哪些趋势?我们想确定可以长期价值成倍增长的股票?除其他外,我们希望看到两件事;首先,成长 返回 论资本使用率(ROCE),其次是公司的扩张 金额 所用资本的比例。简而言之,这些类型的企业是复合机器,这意味着他们不断以更高的回报率对收益进行再投资。因此,当我们研究Lontrue(深圳证券交易所代码:300175)及其投资回报率的趋势时,我们真的很喜欢我们所看到的。

What Is Return On Capital Employed (ROCE)?

什么是资本使用回报率(ROCE)?

For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. Analysts use this formula to calculate it for Lontrue:

对于那些不确定ROCE是什么的人,它衡量的是公司从其业务中使用的资本中可以产生的税前利润金额。分析师使用这个公式来计算 Lontrue 的值:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

已动用资本回报率 = 息税前收益 (EBIT) ¥(总资产-流动负债)

0.043 = CN¥22m ÷ (CN¥658m - CN¥154m) (Based on the trailing twelve months to March 2024).

0.043 = 2200万元人民币 ÷(6.58亿元人民币-1.54亿元人民币) (基于截至2024年3月的过去十二个月)

Thus, Lontrue has an ROCE of 4.3%. Ultimately, that's a low return and it under-performs the Food industry average of 8.0%.

因此,Lontrue的投资回报率为4.3%。归根结底,这是一个低回报,其表现低于食品行业8.0%的平均水平。

roce
SZSE:300175 Return on Capital Employed May 1st 2024
SZSE: 300175 2024 年 5 月 1 日动用资本回报率

While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you'd like to look at how Lontrue has performed in the past in other metrics, you can view this free graph of Lontrue's past earnings, revenue and cash flow.

虽然过去并不能代表未来,但了解一家公司的历史表现可能会有所帮助,这就是我们上面有这张图表的原因。如果你想在其他指标中查看Lontrue过去的表现,你可以查看这张关于Lontrue过去收益、收入和现金流的免费图表。

How Are Returns Trending?

退货趋势如何?

While the ROCE is still rather low for Lontrue, we're glad to see it heading in the right direction. The figures show that over the last five years, returns on capital have grown by 82%. That's not bad because this tells for every dollar invested (capital employed), the company is increasing the amount earned from that dollar. Speaking of capital employed, the company is actually utilizing 51% less than it was five years ago, which can be indicative of a business that's improving its efficiency. Lontrue may be selling some assets so it's worth investigating if the business has plans for future investments to increase returns further still.

尽管Lontrue的投资回报率仍然相当低,但我们很高兴看到它朝着正确的方向前进。数字显示,在过去五年中,资本回报率增长了82%。这还不错,因为这表明每投资一美元(动用资本),公司就会增加从这美元中获得的收入。说到使用的资本,该公司的利用率实际上比五年前减少了51%,这可能表明企业正在提高效率。Lontrue可能正在出售部分资产,因此值得调查该企业是否有未来投资计划,以进一步提高回报。

What We Can Learn From Lontrue's ROCE

我们可以从 Lontrue 的 ROCE 中学到什么

In the end, Lontrue has proven it's capital allocation skills are good with those higher returns from less amount of capital. Since the total return from the stock has been almost flat over the last five years, there might be an opportunity here if the valuation looks good. With that in mind, we believe the promising trends warrant this stock for further investigation.

最后,Lontrue已经证明其资本配置技巧在资本较少的情况下获得更高的回报。由于该股的总回报率在过去五年中几乎持平,因此如果估值看起来不错,这里可能会有机会。考虑到这一点,我们认为前景乐观的趋势值得对该股进行进一步调查。

Lontrue does have some risks though, and we've spotted 2 warning signs for Lontrue that you might be interested in.

但是,Lontrue确实存在一些风险,我们已经发现了两个你可能会感兴趣的Lontrue警告信号。

While Lontrue isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets.

尽管Lontrue的回报率并不高,但请查看这份免费的股票回报率高、资产负债表稳健的公司名单。

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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.

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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。

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
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