ENN Natural Gas Co.,Ltd.'s (SHSE:600803) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
ENN Natural Gas Co.,Ltd.'s (SHSE:600803) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
ENN Natural GasLtd's (SHSE:600803) stock is up by a considerable 16% 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. Specifically, we decided to study ENN Natural GasLtd's ROE in this article.
过去一个月,ENN天然气股票(SHSE:600803)上涨了16%。由于市场长期看重强大的财务状况,我们想知道这是否适用于此情况。具体而言,我们决定在本文中研究ENN天然气的roe。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. Put another way, it reveals the company's success at turning shareholder investments into profits.
ROE,即净资产收益率,测试一家公司有效增加价值和管理股东资金的能力。换句话说,它揭示了公司将股东投资转化为利润的成功程度。
How To Calculate Return On Equity?
如何计算股东权益报酬率?
Return on equity can be calculated by using the formula:
股东权益报酬率可以使用以下公式计算:
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 ENN Natural GasLtd is:
因此,根据上述公式,ENN天然气的roe为:
20% = CN¥12b ÷ CN¥60b (Based on the trailing twelve months to March 2024).
20%= CN¥120亿 ÷ CN¥600亿(基于最近十二个月至2024年3月)。
The 'return' is the yearly profit. One way to conceptualize this is that for each CN¥1 of shareholders' capital it has, the company made CN¥0.20 in profit.
“回报”是每年的利润。一个概念化的方法是,对于每1元股东资本,公司获得0.20元的利润。
What Has ROE Got To Do With Earnings Growth?
ROE与盈利增长有什么关系?
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.
因此,我们已经了解到roe是衡量公司利润率的有效方法。根据公司重新投资或“保留”这些收益的程度以及其有效程度,我们就能评估公司的盈利增长潜力。假设其他条件相同,权益回报率和利润保留越高的公司通常比没有相同特点的公司具有更快的增长率。
A Side By Side comparison of ENN Natural GasLtd's Earnings Growth And 20% ROE
ENN天然气的收益增长和20%的roe并排比较
To start with, ENN Natural GasLtd's ROE looks acceptable. Further, the company's ROE compares quite favorably to the industry average of 9.5%. Probably as a result of this, ENN Natural GasLtd was able to see an impressive net income growth of 27% over the last five years. We believe that there might also be other aspects that are positively influencing the company's earnings growth. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio.
首先,ENN天然气的roe看起来是可以接受的。此外,该公司的roe相当有利地与行业平均值9.5%相比。由于这个原因,ENN天然气在过去五年中实现了27%的净利润增长。我们认为,可能还有其他一些因素对公司的收益增长产生积极影响。例如,公司的管理层可能已经做出了一些良好的战略决策,或者公司的派息比率较低。
Next, on comparing with the industry net income growth, we found that ENN Natural GasLtd's growth is quite high when compared to the industry average growth of 9.4% in the same period, which is great to see.
接下来,与行业净利润增长相比,我们发现ENN天然气的增长率在同期内比行业平均增长率9.4%要高,这是一个好现象。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240703/0-856c993e6e2602c3ff305505a995945b-0-ba14a3b01fd63106e01a939451b6a0da.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. This then helps them determine if the stock is placed for a bright or bleak future. Is ENN Natural GasLtd fairly valued compared to other companies? These 3 valuation measures might help you decide.
当考虑股票价值时,收益增长是一个重要的指标。投资者应该试图确定预期的收益增长或下降是否已经定价。这有助于他们判断股票是迎来光明未来还是前途黯淡。ENN天然气相对于其他公司的估值是否公正?这三个估值指标可能会帮助您做出决策。
Is ENN Natural GasLtd Using Its Retained Earnings Effectively?
ENN天然气是否有效利用其留存收益?
ENN Natural GasLtd has a really low three-year median payout ratio of 23%, meaning that it has the remaining 77% left over to reinvest into its business. This suggests that the management is reinvesting most of the profits to grow the business as evidenced by the growth seen by the company.
ENN天然气的三年中位数派息比率非常低,为23%,这意味着其剩余77%可以用于再投资业务,这表明管理层正在通过公司的增长证明其利润大部分再投资于增长业务。
Besides, ENN Natural GasLtd has been paying dividends over a period of nine years. This shows that the company is committed to sharing profits with its shareholders.
此外,ENN天然气在九年内一直在分红派息。这表明公司致力于与股东分享利润。
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 ENN Natural GasLtd's performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.
总的来说,我们对ENN天然气的表现非常满意。具体而言,我们喜欢该公司把大部分利润以高回报率再投资于业务的做法。当然,这导致公司的业绩有了大幅增长。尽管如此,对最新分析师预测的研究显示,预计未来的收益增长将放缓。欲了解有关公司未来收益增长预测的更多信息,请参阅有关该公司分析师预测的免费报告。
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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.
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者,发送电子邮件至editorial-team (at) simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者发送电子邮件至editorial-team@simplywallst.com。