Suzhou Shihua New Material Technology Co., Ltd.'s (SHSE:688093) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Suzhou Shihua New Material Technology Co., Ltd.'s (SHSE:688093) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Suzhou Shihua New Material Technology (SHSE:688093) has had a rough month with its share price down 11%. But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Particularly, we will be paying attention to Suzhou Shihua New Material Technology's ROE today.
苏州世华新材料科技(SHSE:688093)在过去一个月中遭受了股价下跌11%的打击。但是,如果您仔细观察,就可能会发现其强劲的财务状况意味着该股票在长期内可能会增值,因为市场通常会奖励具有良好财务状况的公司。特别是,我们今天将关注苏州世华新材料技术的roe。
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Put another way, it reveals the company's success at turning shareholder investments into profits.
股本回报率或roe是一项关键指标,用于评估公司管理层使用公司资本的效率。换句话说,它揭示了公司将股东的投资转化为利润的成功。
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 Suzhou Shihua New Material Technology is:
因此,根据上述公式,苏州世华新材料技术的roe为:
11% = CN¥205m ÷ CN¥1.9b (Based on the trailing twelve months to March 2024).
11%= CN¥20500万 ÷ CN¥19亿(基于截至2024年3月的过去十二个月数据)。
The 'return' refers to a company's earnings over the last year. So, this means that for every CN¥1 of its shareholder's investments, the company generates a profit of CN¥0.11.
“回报”指的是公司过去一年的收益。因此,这意味着对于每一元股东的投资,公司可以产生港元0.11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. 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 everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.
到目前为止,我们已经了解到ROE是一家公司盈利能力的衡量标准。基于公司选择重新投资或“保留”的利润的数量,我们随后能够评估公司未来产生利润的能力。假设其他所有条件不变,ROE和利润保留越高,增长率就相对较高,与那些可能不具备这些特征的公司相比,增长更快。
Suzhou Shihua New Material Technology's Earnings Growth And 11% ROE
苏州世华新材料技术的盈利增长和11%的roe
At first glance, Suzhou Shihua New Material Technology's ROE doesn't look very promising. However, the fact that the company's ROE is higher than the average industry ROE of 6.4%, is definitely interesting. Consequently, this likely laid the ground for the decent growth of 18% seen over the past five years by Suzhou Shihua New Material Technology. Bear in mind, the company does have a moderately low ROE. It is just that the industry ROE is lower. Hence there might be some other aspects that are causing earnings to grow. Such as- high earnings retention or the company belonging to a high growth industry.
乍一看,苏州世华新材料技术的roe看起来并不是很有前途。但是,公司roe高于6.4%的行业平均roe,这无疑是有趣的。因此,这可能为苏州世华新材料技术过去五年的18%的良好增长奠定了基础。请记住,公司roe较低。只是行业roe更低。因此,可能还有其他方面导致收益增长,例如高收益保留或公司属于高增长行业。
We then compared Suzhou Shihua New Material Technology's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 7.8% in the same 5-year period.
然后,我们将苏州世华新材料技术的净收入增长与该行业进行比较,很高兴看到在相同的5年期内,该公司的增长率高于行业的7.8%。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240724/0-e2bd9f3de9d3ccba8e8ccf57040e246b-0-5bd1f3daef1fa7fb9b217930213e91ad.png/big)
The basis for attaching value to a company is, to a great extent, tied to its earnings growth. 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. If you're wondering about Suzhou Shihua New Material Technology's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
为公司附加价值的基础在很大程度上是与其盈利增长相关的。投资者应该尝试确定预期的盈利增长或下降(无论是哪种情况),是否被定价。这样,他们就会知道股票是进入清澈的蓝水还是等待泥泞的水域。如果您想了解苏州世华新材料技术的估值,请查看其市盈率的这个计量单位,并将其与行业进行比较。
Is Suzhou Shihua New Material Technology Efficiently Re-investing Its Profits?
苏州世华新材料技术是否有效地重新投资其利润?
Suzhou Shihua New Material Technology has a low three-year median payout ratio of 20%, meaning that the company retains the remaining 80% of its profits. This suggests that the management is reinvesting most of the profits to grow the business.
苏州世华新材料技术的三年中位数股息支付比率很低,为20%,这意味着公司保留了其余80%的利润。这表明管理层正在将大部分利润再投入业务的发展。
Additionally, Suzhou Shihua New Material Technology has paid dividends over a period of three years which means that the company is pretty serious about sharing its profits with shareholders.
此外,苏州世华新材料技术连续三年派发股息,这意味着该公司非常重视与股东分享利润。
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。
On the whole, we feel that Suzhou Shihua New Material Technology's performance has been quite good. 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 3 risks we have identified for Suzhou Shihua New Material Technology visit our risks dashboard for free.
总的来说,我们认为苏州世华新材料技术的表现相当不错。特别是,我们喜欢公司以适度的回报率大量重新投资业务。毫不奇怪,这导致了令人印象深刻的盈利增长。如果该公司继续以过去的方式增加收益,那可能会对其股票价格产生积极影响,因为每股收益如何影响长期股价。让我们不要忘记,业务风险也是影响股票价格的因素之一。因此,在做出任何决策之前,投资者需要重点关注这一重要领域。要了解我们为苏州世华新材料技术确定的3个风险,请免费访问我们的风险仪表板。
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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
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