Bestlink Technologies Co.,Ltd. (SHSE:603206) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Bestlink Technologies Co.,Ltd. (SHSE:603206) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
With its stock down 20% over the past three months, it is easy to disregard Bestlink TechnologiesLtd (SHSE:603206). 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 Bestlink TechnologiesLtd's ROE.
最近三个月,Bestlink TechnologiesLtd (SHSE:603206) 的股价下跌了20%,很容易就会被忽视。不过,仔细审视其健康的财务状况,或许会让你重新考虑。由于基本面通常驱动长期市场结果,这家公司值得关注。在本文中,我们决定关注Bestlink TechnologiesLtd的roe。
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. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
roe或权益回报率是评估公司有效利用股东投资产生回报效率的有用工具。简而言之,roe显示每个股东投资所产生的利润。
How Is ROE Calculated?
净资产收益率怎么计算?
The formula for return on equity is:
权益回报率的计算公式是:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
净资产收益率 = 净利润(从持续经营中获得)÷ 股东权益
So, based on the above formula, the ROE for Bestlink TechnologiesLtd is:
因此,根据上述公式,Bestlink TechnologiesLtd的roe为:
7.9% = CN¥177m ÷ CN¥2.2b (Based on the trailing twelve months to March 2024).
7.9% = CN¥17700万 ÷ CN¥22亿 (基于截至2024年3月的过去12个月)。
The 'return' is the amount earned after tax over the last twelve months. That means that for every CN¥1 worth of shareholders' equity, the company generated CN¥0.08 in profit.
‘回报’是过去十二个月缴纳税款后所赚取的金额。这意味着对于每个人民币1元的股东权益,公司产生了0.08元的利润。
What Is The Relationship Between ROE And Earnings Growth?
既然我们已经确定ROE是一种有效的利润生成标准,用于评估公司未来的盈利能力,我们现在需要评估公司“保留”为未来增长而重新投资的利润多少,这使我们对公司的增长潜力有了一个了解。一般而言,在其他条件相等的情况下,ROE和利润留存高的公司,增长率比没有这些属性的公司要高。
So far, we've learned that ROE is a measure of a company's profitability. 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. 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roe是衡量公司盈利能力的一种指标。根据公司选择重新投资或'保留'多少利润,我们就能够评估公司未来生成利润的能力。假设其他条件相同,那些具有更高股本回报率和更高利润留存的公司通常比没有这些特征的公司有更高的增长率。
Bestlink TechnologiesLtd's Earnings Growth And 7.9% ROE
Bestlink TechnologiesLtd的收益增长和7.9%的roe
When you first look at it, Bestlink TechnologiesLtd's ROE doesn't look that attractive. However, the fact that the company's ROE is higher than the average industry ROE of 5.2%, is definitely interesting. This certainly adds some context to Bestlink TechnologiesLtd's moderate 9.7% net income growth seen 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.
初看之下,Bestlink TechnologiesLtd的roe并不那么吸引人。不过,公司的roe高于5.2%的行业平均水平,这确实很有趣。这为Bestlink TechnologiesLtd过去五年中9.7%的净收入增长提供了一定的背景。话虽如此,公司的roe起点略低,只是高于行业平均水平。因此,盈利增长也可能是其他因素的结果,如高盈利保留率或公司属于高增长行业板块。
As a next step, we compared Bestlink TechnologiesLtd'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 3.7%.
接下来,我们将Bestlink TechnologiesLtd的净收入增长与行业进行了比较,令人高兴的是,我们发现公司的增长高于3.7%的行业平均水平。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240608/0-3b7aba1be0eee85e18ac76268cacdc3e-0-f147dfa880387d3bf31cf0c2f32804a9.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. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. 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 Bestlink TechnologiesLtd is trading on a high P/E or a low P/E, relative to its industry.
收益增长是评估股票价值时需要考虑的一个重要指标。投资者应该努力确定预期的盈利增长或下降,无论是哪种情况,市场是否已经充分定价。通过这样做,他们将知道该股票是否进入了透明的蓝色水域,或者是否面临泥泞的水域。预期收益增长的一个很好的指标是P/E比率,它决定了市场基于盈利前景愿意为股票支付的价格。因此,你可能想检查一下Bestlink TechnologiesLtd的P/E比率是否高于行业水平。
Is Bestlink TechnologiesLtd Making Efficient Use Of Its Profits?
Bestlink TechnologiesLtd是否有效地利用其利润?
Bestlink TechnologiesLtd has a three-year median payout ratio of 29%, which implies that it retains the remaining 71% of its profits. This suggests that its dividend is well covered, and given the decent growth seen by the company, it looks like management is reinvesting its earnings efficiently.
Bestlink TechnologiesLtd的三年中位数支付比率为29%,这意味着它保留了其利润的剩余71%。这表明其股息得到良好覆盖,并且考虑到公司所见的不俗增长,管理层似乎正在高效地再投资其收益。
While Bestlink TechnologiesLtd 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.
虽然Bestlink TechnologiesLtd一直在增长其收益,但它最近才开始支付股息,这很可能意味着公司决定通过派息来打动新老股东。
Summary
总的来说,我们对伟明环保的表现非常满意。具体而言,我们喜欢公司以高回报率再投资了其利润的很大一部分。当然,这导致公司的收益大幅增长。但是,最新的行业分析师预测表明,该公司的收益预计将加速增长。
Overall, we are quite pleased with Bestlink TechnologiesLtd's performance. 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. Let's not forget, business risk is also one of the factors that affects the price of the stock. So this is also an important area that investors need to pay attention to before making a decision on any business. To know the 2 risks we have identified for Bestlink TechnologiesLtd visit our risks dashboard for free.
总的来说,我们对Bestlink TechnologiesLtd的表现感到非常满意。特别是,我们喜欢这家公司以适度的回报率大量再投资其业务。毫不奇怪,这导致了令人印象深刻的收益增长。如果公司继续像现在这样增长其收益,那么这将对其股价产生积极影响,因为每股收益如何影响长期股价是不言自明的。不要忘记,业务风险也是影响股票价格的因素之一。因此,在做出任何决定之前,投资者需要关注这一重要领域。如果想了解我们已经为Bestlink TechnologiesLtd确定的两个风险,请免费访问我们的风险特斯拉-仪表。
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