Can Mixed Fundamentals Have A Negative Impact on Anhui Shunyu Water Affairs Co.,Ltd. (SZSE:301519) Current Share Price Momentum?
Can Mixed Fundamentals Have A Negative Impact on Anhui Shunyu Water Affairs Co.,Ltd. (SZSE:301519) Current Share Price Momentum?
Anhui Shunyu Water AffairsLtd's (SZSE:301519) stock is up by a considerable 19% over the past week. However, we wonder if the company's inconsistent financials would have any adverse impact on the current share price momentum. Specifically, we decided to study Anhui Shunyu Water AffairsLtd's ROE in this article.
安徽沃特世供水有限公司（SZSE：301519）股票在过去一周内大幅上涨19％。然而，我们想知道公司不一致的财务状况是否会对当前股价动力产生任何负面影响。具体而言，我们决定在本文中研究安徽沃特世供水有限公司的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. Put another way, it reveals the company's success at turning shareholder investments into profits.
ROE或股东权益报酬率是一种有用的工具，用于评估一家公司能否有效地利用来自股东的投资产生回报。换句话说，它揭示了公司将股东的投资变成利润的成功程度。
How To Calculate Return On Equity?
如何计算股东权益报酬率？
The formula for ROE is:
roe的公式是：
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 Anhui Shunyu Water AffairsLtd is:
因此，根据上述公式，安徽沃特世供水有限公司的roe为：
4.3% = CN¥68m ÷ CN¥1.6b (Based on the trailing twelve months to March 2024).
4.3％= CN¥6800万 ÷ CN¥16亿（基于截至2024年3月的过去十二个月）。
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¥0.04 in profit.
“回报率”是税后在过去12个月内赚取的金额。这意味着对于每CN¥1的股东权益价值，公司产生了CN¥0.04的利润。
What Has ROE Got To Do With Earnings Growth?
ROE与盈利增长有什么关系？
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. 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。现在，我们需要评估公司重新投资或“保留”的利润有多少，以此来衡量公司的成长潜力。其他因素相同的情况下，具有更高的股本回报率和更高的利润保留的公司通常比没有相同特征的公司具有更高的增长率。
Anhui Shunyu Water AffairsLtd's Earnings Growth And 4.3% ROE
安徽沃特世供水有限公司的盈利增长和4.3％的roe
It is quite clear that Anhui Shunyu Water AffairsLtd's ROE is rather low. Not just that, even compared to the industry average of 6.9%, the company's ROE is entirely unremarkable. Accordingly, Anhui Shunyu Water AffairsLtd's low net income growth of 4.6% over the past five years can possibly be explained by the low ROE amongst other factors.
很明显，安徽沃特世供水有限公司的roe相当低。不仅如此，即使与6.9％的行业平均roe相比，该公司的roe也完全不引人注目。因此，安徽沃特世供水有限公司过去五年的低4.6％净利润增长可能可以解释为其他因素中低roe的原因之一。
Next, on comparing with the industry net income growth, we found that Anhui Shunyu Water AffairsLtd's reported growth was lower than the industry growth of 9.5% over the last few years, which is not something we like to see.
接下来，通过与行业净利润增长进行比较，我们发现安徽沃特世供水有限公司的报告增长低于过去几年的9.5％的行业增长，这不是我们想看到的情况。
The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is Anhui Shunyu Water AffairsLtd fairly valued compared to other companies? These 3 valuation measures might help you decide.
附加价值于公司的基础在很大程度上与其盈利增长相关。了解市场是否已经定价公司预期的盈利增长（或下降）对于投资者而言非常重要。通过这样做，他们将有一个想法，股票是否进入了明朗的水域，还是等待泥泞的水域。安徽沃特世供水有限公司是否与其他公司相比价值公平？这3个估值指标可能会帮助您决定。
Is Anhui Shunyu Water AffairsLtd Making Efficient Use Of Its Profits?
安徽沃特世供水有限公司是否有效利用其利润？
Despite having a normal three-year median payout ratio of 43% (or a retention ratio of 57% over the past three years, Anhui Shunyu Water AffairsLtd has seen very little growth in earnings as we saw above. So there might be other factors at play here which could potentially be hampering growth. For example, the business has faced some headwinds.
尽管安徽沃特世供水有限公司具有43％的正常三年中位数派息率（或过去三年中57％的保留率），但正如上文所述，其盈利增长非常有限。因此，可能有其他因素影响了其增长。例如，该业务面临一些阻力。
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 have mixed feelings about Anhui Shunyu Water AffairsLtd. While the company does have a high rate of profit retention, its low rate of return is probably hampering its earnings growth. Wrapping up, we would proceed with caution with this company and one way of doing that would be to look at the risk profile of the business. Our risks dashboard would have the 3 risks we have identified for Anhui Shunyu Water AffairsLtd.
总的来说，我们对安徽沃特世供水有限公司的感觉很复杂。尽管公司的利润保留率很高，但其较低的回报率可能阻碍其盈利增长。总而言之，我们会谨慎对待这家公司，并且一种方式是查看业务的风险状况。我们的风险仪表板将列出我们为安徽沃特世供水有限公司确定的3个风险。
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