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The Return Trends At BIWIN Storage Technology (SHSE:688525) Look Promising

The Return Trends At BIWIN Storage Technology (SHSE:688525) Look Promising

BIWIN存储科技(SHSE:688525)的回报趋势看起来很有希望
Simply Wall St ·  09/06 19:42

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. Speaking of which, we noticed some great changes in BIWIN Storage Technology's (SHSE:688525) returns on capital, so let's have a look.

如果你在寻找下一款多袋装机时不确定从哪里开始,那么你应该注意一些关键趋势。一种常见的方法是尝试寻找一家动用资本回报率(ROCE)不断增加且所用资本不断增加的公司。这向我们表明,它是一台复合机器,能够持续将其收益再投资到业务中并产生更高的回报。说到这里,我们注意到BIWIN存储技术(SHSE: 688525)的资本回报率发生了一些重大变化,所以让我们来看看。

Return On Capital Employed (ROCE): What Is It?

资本使用回报率(ROCE):这是什么?

Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for BIWIN Storage Technology:

为了澄清一下你是否不确定,ROCE是评估公司从投资于其业务的资本中获得多少税前收入(按百分比计算)的指标。分析师使用以下公式来计算 BIWIN 存储技术的计算公式:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

已动用资本回报率 = 息税前收益 (EBIT) ¥(总资产-流动负债)

0.033 = CN¥95m ÷ (CN¥6.9b - CN¥4.0b) (Based on the trailing twelve months to June 2024).

0.033 = 9500万元人民币 ÷(69元人民币-4.0亿元人民币)(基于截至2024年6月的过去十二个月)。

Therefore, BIWIN Storage Technology has an ROCE of 3.3%. Ultimately, that's a low return and it under-performs the Semiconductor industry average of 4.8%.

因此,BIWIN存储技术的投资回报率为3.3%。归根结底,这是一个低回报,其表现低于半导体行业4.8%的平均水平。

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SHSE:688525 Return on Capital Employed September 6th 2024
SHSE: 688525 2024 年 9 月 6 日动用资本回报率

In the above chart we have measured BIWIN Storage Technology's prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for BIWIN Storage Technology .

在上图中,我们将BIWIN存储技术先前的投资回报率与之前的表现进行了比较,但可以说,未来更为重要。如果您想了解分析师对未来的预测,则应查看我们的免费BIWIN存储技术分析师报告。

What Does the ROCE Trend For BIWIN Storage Technology Tell Us?

BIWIN存储技术的投资回报率趋势告诉我们什么?

BIWIN Storage Technology has recently broken into profitability so their prior investments seem to be paying off. About five years ago the company was generating losses but things have turned around because it's now earning 3.3% on its capital. Not only that, but the company is utilizing 512% more capital than before, but that's to be expected from a company trying to break into profitability. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, both common traits of a multi-bagger.

BIWIN存储技术最近已实现盈利,因此他们先前的投资似乎正在获得回报。大约五年前,该公司出现了亏损,但情况已经好转,因为它现在的资本收益为3.3%。不仅如此,该公司使用的资本比以前增加了512%,对于一家试图实现盈利的公司来说,这是可以预料的。这可能表明,有很多机会在内部进行资本投资,并以更高的利率进行资本投资,这两者都是多袋投资者的共同特征。

Another thing to note, BIWIN Storage Technology has a high ratio of current liabilities to total assets of 58%. This can bring about some risks because the company is basically operating with a rather large reliance on its suppliers or other sorts of short-term creditors. While it's not necessarily a bad thing, it can be beneficial if this ratio is lower.

需要注意的另一件事是,BIWIN存储技术的流动负债与总资产的比率很高,为58%。这可能会带来一些风险,因为该公司的运营基本上在很大程度上依赖其供应商或其他类型的短期债权人。虽然这不一定是坏事,但如果这个比率较低,可能会有好处。

The Bottom Line On BIWIN Storage Technology's ROCE

BIWIN存储技术投资回报率的底线

In summary, it's great to see that BIWIN Storage Technology has managed to break into profitability and is continuing to reinvest in its business. Given the stock has declined 40% in the last year, this could be a good investment if the valuation and other metrics are also appealing. That being the case, research into the company's current valuation metrics and future prospects seems fitting.

总而言之,很高兴看到BIWIN存储技术成功实现盈利并继续对其业务进行再投资。鉴于该股在去年下跌了40%,如果估值和其他指标也具有吸引力,这可能是一项不错的投资。既然如此,对公司当前估值指标和未来前景的研究似乎很合适。

Like most companies, BIWIN Storage Technology does come with some risks, and we've found 1 warning sign that you should be aware of.

像大多数公司一样,BIWIN存储技术确实存在一些风险,我们发现了一个你应该注意的警告信号。

For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity.

对于那些喜欢投资稳健公司的人,可以查看这份资产负债表稳健和股本回报率高的公司的免费清单。

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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.

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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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