Shenzhen China Bicycle Company (Holdings) Limited (SZSE:000017) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Shenzhen China Bicycle Company (Holdings) Limited (SZSE:000017) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
It is hard to get excited after looking at Shenzhen China Bicycle Company (Holdings)'s (SZSE:000017) recent performance, when its stock has declined 21% over the past three months. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Particularly, we will be paying attention to Shenzhen China Bicycle Company (Holdings)'s ROE today.
深中华b(SZSE:000017)近三个月股价下跌21%,因此难以为其表现感到兴奋。但是,如果你仔细观察,你会发现它的主要财务指标非常不错,这可能意味着股票在长期内有潜力上涨,因为市场通常会奖励更具弹性的长期基本面。特别是今天我们将关注深中华b的roe。
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Put another way, it reveals the company's success at turning shareholder investments into profits.
ROE(净资产收益率)是股东需考虑的一个重要因素,因为它告诉他们资本被有效地再投资的效果如何。换句话说,它揭示了公司将股东的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?
ROE can be calculated by using the formula:
净资产收益率可以使用以下公式进行计算:
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 Shenzhen China Bicycle Company (Holdings) is:
因此,根据上述公式,深中华b的roe为5.6%,即CN¥1800万÷CN¥31300万(截至2024年3月的过去十二个月)。
5.6% = CN¥18m ÷ CN¥313m (Based on the trailing twelve months to March 2024).
深中华b盈利增长和5.6%的roe的并排比较。
The 'return' refers to a company's earnings over the last year. That means that for every CN¥1 worth of shareholders' equity, the company generated CN¥0.06 in profit.
'回报'是指公司过去一年的收益。这意味着对于每1元人民币的股东权益,公司创造了0.06元人民币的利润。
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。
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. 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.
我们已经确定ROE是衡量公司未来盈利能力的有效指标。基于公司选择再投资或“留存”利润的比例,我们可以评估公司未来生成利润的能力。其他条件相同的情况下,具有更高净资产收益率和更高利润留存率的公司通常比没有这些特点的公司增长率更高。
A Side By Side comparison of Shenzhen China Bicycle Company (Holdings)'s Earnings Growth And 5.6% ROE
乍一看,深中华b的roe似乎并不值得一提。然后,我们将公司的roe与整个行业进行了比较,并失望地发现,roe低于7.3%的行业平均水平。尽管如此,深中华b取得了显着的净利润增长,在过去五年中以40%的速度增长。因此,可能存在其他积极影响公司盈利增长的因素,例如高盈利保留或高效的管理。
On the face of it, Shenzhen China Bicycle Company (Holdings)'s ROE is not much to talk about. We then compared the company's ROE to the broader industry and were disappointed to see that the ROE is lower than the industry average of 7.3%. In spite of this, Shenzhen China Bicycle Company (Holdings) was able to grow its net income considerably, at a rate of 40% in the last five years. So, there might be other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place.
然后,我们将深中华b的净收入增长与行业进行了比较,并高兴地发现,与同期增长1.4%的行业相比,公司的增长数字更高。
We then compared Shenzhen China Bicycle Company (Holdings)'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 1.4% in the same 5-year period.
深中华b过去的盈利增长(2024年7月24日)
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240725/0-e4f9dd65ff1e87d9affb36d9cb53686a-0-90313f80a7835c25b9acd9f56f25cb82.png/big)
Earnings growth is an important metric to consider when valuing a stock. 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. 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 Shenzhen China Bicycle Company (Holdings) is trading on a high P/E or a low P/E, relative to its industry.
深中华b是否有效地再投资其利润?
Is Shenzhen China Bicycle Company (Holdings) Efficiently Re-investing Its Profits?
考虑到深中华b不向股东支付任何定期分红,我们推断该公司一直在将全部利润再投资来发展业务。
Given that Shenzhen China Bicycle Company (Holdings) doesn't pay any regular dividends to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business.
总的来说,深中华b的业务确实有一些积极因素。尽管roe偏低,但在高比率的再投资的作用下,该公司的盈利增长仍然非常显著。
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。
In total, it does look like Shenzhen China Bicycle Company (Holdings) has some positive aspects to its business. With a high rate of reinvestment, albeit at a low ROE, the company has managed to see a considerable growth in its earnings.
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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.
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@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
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。