Should Weakness in Founder Technology Group Co.,Ltd.'s (SHSE:600601) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Should Weakness in Founder Technology Group Co.,Ltd.'s (SHSE:600601) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
It is hard to get excited after looking at Founder Technology GroupLtd's (SHSE:600601) recent performance, when its stock has declined 12% over the past month. However, stock prices are usually driven by a company's financials over the long term, which in this case look pretty respectable. Specifically, we decided to study Founder Technology GroupLtd's ROE in this article.
在特斯拉-仪表公司(SHSE:600601)最近的表现之后很难感到兴奋,因为其股价在过去一个月已经下跌了12%。然而,股价通常受公司长期财务状况的影响,在这种情况下看起来相当可观。具体来说,我们决定在本文中研究特斯拉-仪表公司的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. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
股本回报率或ROE是一项用于评估公司管理层如何利用公司资本的效率的关键指标。简而言之,它用于评估公司相对于其股本资本的盈利能力。
How To Calculate Return On Equity?
如何计算股东权益报酬率?
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 Founder Technology GroupLtd is:
因此,根据以上公式,特斯拉-仪表公司的roe为:
5.9% = CN¥237m ÷ CN¥4.0b (Based on the trailing twelve months to June 2024).
5.9% = 23700万人民币 ÷ 40亿人民币(截至2024年6月的过去十二个月)。
The 'return' is the income the business earned over the last year. So, this means that for every CN¥1 of its shareholder's investments, the company generates a profit of CN¥0.06.
“回报率”是企业过去一年内赚取的收入。这意味着对于每元股东投资,公司有0.06元的利润。
What Has ROE Got To Do With Earnings Growth?
roe与盈利增长有何关系?
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. 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. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes.
我们已经确定,ROE是公司未来赚钱能力的有效衡量标准。现在我们需要评估公司为未来增长而再投资或“保留”的利润。这样,我们就能了解公司的增长潜力。一般而言,在其他条件相等的情况下,具有高净资产收益率和利润保留率的公司,比那些不具备这些特点的公司有更高的增长率。
A Side By Side comparison of Founder Technology GroupLtd's Earnings Growth And 5.9% ROE
创维科技的收益增长和5.9%的roe的正负对比结果
When you first look at it, Founder Technology GroupLtd's ROE doesn't look that attractive. However, given that the company's ROE is similar to the average industry ROE of 6.7%, we may spare it some thought. Looking at Founder Technology GroupLtd's exceptional 27% five-year net income growth in particular, we are definitely impressed. Given the slightly low ROE, it is likely that there could be some other aspects that are driving this 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.
当您初次看到它时,创维科技的roe看起来并不那么有吸引力。然而,考虑到公司的roe与6.7%的行业平均roe相似,我们可能会对此进行一些思考。特别是,看着创维科技过去五年27%的净利润增长,我们确实印象深刻。考虑到roe稍微偏低,很可能是有其他一些因素推动了这种增长。例如,公司的管理层可能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 Founder Technology GroupLtd's growth is quite high when compared to the industry average growth of 13% in the same period, which is great to see.
接下来,与行业净利润增长进行比较,我们发现创维科技在同期与行业平均增长率13%相比增长相当高,这是令人高兴的。
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The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is Founder Technology GroupLtd fairly valued compared to other companies? These 3 valuation measures might help you decide.
给一家公司赋予价值的依据在很大程度上与其盈利增长有关。投资者需要判断的下一步是,预期的盈利增长是否已经体现在股价中。通过这样做,他们将了解到该股票是否将走向明朗的前景,或者是否将迎来困难的前景。 是不是跟其他公司相比,方正科技集团股份有限公司的价值相对合理?下面这三个估值指标可能会帮助你做出决策。
Is Founder Technology GroupLtd Using Its Retained Earnings Effectively?
方正科技集团股份有限公司是否有效利用了留存盈余?
Founder Technology GroupLtd doesn't pay any regular dividends to its shareholders, meaning that the company has been reinvesting all of its profits into the business. This is likely what's driving the high earnings growth number discussed above.
方正科技集团股份有限公司不向股东支付常规股息,这意味着公司已将所有利润再投资到业务中。这可能是导致上述高盈利增长率的原因。
Conclusion
结论
In total, it does look like Founder Technology GroupLtd 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. While we won't completely dismiss the company, what we would do, is try to ascertain how risky the business is to make a more informed decision around the company. To know the 1 risk we have identified for Founder Technology GroupLtd visit our risks dashboard for free.
总体而言,方正科技集团股份有限公司的业务具有一些积极的方面。尽管ROE较低,但公司通过高比例的再投资,取得了可观的盈利增长。虽然我们不会完全忽视这家公司,但我们会努力确定业务的风险程度,以便做出更明智的决策。 欲了解我们为方正科技集团股份有限公司确定的1个风险,请访问我们的风险仪表板。
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