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Is Jiangsu Cnano Technology Co., Ltd.'s (SHSE:688116) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Is Jiangsu Cnano Technology Co., Ltd.'s (SHSE:688116) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

江苏创奇纳米科技股份有限公司(SHSE:688116)的股票最近的表现是否受其吸引人的财务前景所带动?
Simply Wall St ·  10/12 22:53

Most readers would already be aware that Jiangsu Cnano Technology's (SHSE:688116) stock increased significantly by 24% over the past month. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Particularly, we will be paying attention to Jiangsu Cnano Technology's ROE today.

大多数读者可能已经意识到,江苏创纳科技(SHSE:688116)的股价在过去一个月内大幅上涨了24%。鉴于公司出色的表现,我们决定更加密切地研究其财务指标,因为公司的财务健康状况通常决定了市场的结果。特别地,我们将关注江苏创纳科技的roe今天。

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?

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 Jiangsu Cnano Technology is:

所以,根据以上公式,江苏Cnano Technology的roe为:

11% = CN¥322m ÷ CN¥2.8b (Based on the trailing twelve months to June 2024).

11% = 3.22亿人民币 ÷ 280亿人民币(基于截至2024年6月的过去十二个月)。

The 'return' is the yearly profit. So, this means that for every CN¥1 of its shareholder's investments, the company generates a profit of CN¥0.11.

“回报”是年利润。因此 ,这意味着对于每CN ¥1的股东投资,公司会产生CN¥0.11的利润。

Why Is ROE Important For Earnings Growth?

ROE为什么对净利润增长很重要?

Thus far, we have learned that ROE measures how efficiently a company is generating its profits. 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. 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.

到目前为止,我们已经知道roe衡量公司生成利润的效率。根据公司选择再投资或“保留”的利润的多少,我们能够评估公司未来生成利润的能力。一般而言,在其他条件相等的情况下,roe和盈利保留较高的公司,比没有这些属性的公司增长率更高。

Jiangsu Cnano Technology's Earnings Growth And 11% ROE

江苏Cnano Technology的盈利增长和11%的roe

To begin with, Jiangsu Cnano Technology seems to have a respectable ROE. Further, the company's ROE compares quite favorably to the industry average of 6.4%. This probably laid the ground for Jiangsu Cnano Technology's significant 25% net income growth seen over the past five years. However, there could also be other causes behind this growth. Such as - high earnings retention or an efficient management in place.

首先,江苏聚纳科技的roe看起来相当可观。此外,该公司的roe与行业平均水平6.4%相比也相当有优势。这可能奠定了江苏聚纳科技过去五年净利润增长25%的基础。然而,这种增长背后也可能有其他原因。比如 - 高额盈利保留或有效的管理措施。

As a next step, we compared Jiangsu Cnano Technology's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 6.3%.

接下来,我们将江苏聚纳科技的净利润增长与行业进行了比较,令人高兴的是,我们发现该公司的增长高于行业平均增长6.3%。

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SHSE:688116 Past Earnings Growth October 13th 2024
SHSE:688116 历史数据 2024年10月13日的过去盈利增长

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. Doing so will help them establish if the stock's future looks promising or ominous. Is Jiangsu Cnano Technology fairly valued compared to other companies? These 3 valuation measures might help you decide.

股东对公司的估值基础,在很大程度上取决于其盈利增长。投资者应该设法确定预期盈利增长或下降是否已经计入股价。这样做将帮助他们确定股票的未来是前景看好还是前景暗淡。与其他公司相比,江苏创奇科技的估值是否合理?这3个估值指标或许能帮助您做出决策。

Is Jiangsu Cnano Technology Making Efficient Use Of Its Profits?

江苏创奇科技是否有效利用其利润?

Jiangsu Cnano Technology has a really low three-year median payout ratio of 6.9%, meaning that it has the remaining 93% left over to reinvest into its business. So it seems like the management is reinvesting profits heavily to grow its business and this reflects in its earnings growth number.

江苏创奇科技的三年中位数分红比率非常低,为6.9%,这意味着其剩余的93%可用于再投资业务。看起来管理层正在大量再投资利润以促使业务增长,这反映在其盈利增长数据中。

Additionally, Jiangsu Cnano Technology has paid dividends over a period of four years which means that the company is pretty serious about sharing its profits with shareholders. Looking at the current analyst consensus data, we can see that the company's future payout ratio is expected to rise to 22% over the next three years. However, Jiangsu Cnano Technology's future ROE is expected to rise to 16% despite the expected increase in the company's payout ratio. We infer that there could be other factors that could be driving the anticipated growth in the company's ROE.

此外,江苏创奇科技连续四年支付股息,这意味着公司非常重视与股东分享利润。查看当前的分析师一致数据,我们可以看到公司未来分红比率预计将在接下来的三年内上升至22%。然而,尽管预计公司分红比率将增加,江苏创奇科技未来的ROE预计将升至16%。我们推断可能存在一些其他因素推动了公司ROE预期增长。

Conclusion

结论

Overall, we are quite pleased with Jiangsu Cnano Technology's performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. That being so, the latest analyst forecasts show that the company will continue to see an expansion in its earnings. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.

总体而言,我们对江苏Cnano科技的表现感到相当满意。特别是,我们喜欢公司以高回报率大量再投资。毫无疑问,这已经带来了令人印象深刻的盈利增长。鉴于此,最新的分析师预测显示,公司的盈利将继续扩张。这些分析师的预期是基于行业的广泛预期,还是基于公司的基本面?点击这里查看我们公司的分析师预测页面。

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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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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。

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