Is Inner Mongolia ERDOS Resources Co.,Ltd.'s (SHSE:900936) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Is Inner Mongolia ERDOS Resources Co.,Ltd.'s (SHSE:900936) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Most readers would already be aware that Inner Mongolia ERDOS ResourcesLtd's (SHSE:900936) stock increased significantly by 17% over the past three months. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key performance indicators to see if they could be influencing the market. In this article, we decided to focus on Inner Mongolia ERDOS ResourcesLtd's ROE.
大多數讀者應該已經知道,內蒙古鄂爾多斯資源有限公司(上海證券交易所股票代碼:900936)的股票在過去三個月裏大幅上漲了17%。由於市場通常為公司的長期基本面買單,我們決定研究公司的關鍵業績指標,看看它們是否會影響市場。在本文中,我們決定將重點放在內蒙古鄂爾多斯資源有限公司的淨資產收益率上。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
股本回報率(ROE)是對一家公司增值和管理投資者資金的效率的測試。換句話説,這是一個衡量公司股東提供的資本回報率的盈利比率。
See our latest analysis for Inner Mongolia ERDOS ResourcesLtd
查看我們對內蒙古鄂爾多斯資源有限公司的最新分析
How To Calculate Return On Equity?
如何計算股本回報率?
Return on equity can be calculated by using the formula:
股本回報率可使用以下公式計算:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回報率=(持續經營的)淨利潤?股東權益
So, based on the above formula, the ROE for Inner Mongolia ERDOS ResourcesLtd is:
因此,根據上述公式,內蒙古鄂爾多斯資源有限公司的淨資產收益率為:
36% = CN¥9.3b ÷ CN¥26b (Based on the trailing twelve months to September 2022).
36%=93億元×26億元(基於截至2022年9月的12個月)。
The 'return' is the income the business earned over the last year. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.36 in profit.
“回報”指的是企業在過去一年中獲得的收入。一種將其概念化的方法是,公司每擁有1美元的股東資本,就能獲得0.36美元的利潤。
What Has ROE Got To Do With Earnings Growth?
淨資產收益率與盈利增長有什麼關係?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. 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.
到目前為止,我們已經瞭解到淨資產收益率衡量的是一家公司創造利潤的效率。根據公司將這些利潤再投資或“保留”多少,以及這樣做的效率如何,我們就能夠評估一家公司的收益增長潛力。假設其他條件不變,淨資產收益率和利潤保留率越高,與不一定具有這些特徵的公司相比,公司的增長率就越高。
Inner Mongolia ERDOS ResourcesLtd's Earnings Growth And 36% ROE
內蒙古鄂爾多斯資源有限公司盈利增長和36%的淨資產收益率
First thing first, we like that Inner Mongolia ERDOS ResourcesLtd has an impressive ROE. Additionally, the company's ROE is higher compared to the industry average of 8.4% which is quite remarkable. Under the circumstances, Inner Mongolia ERDOS ResourcesLtd's considerable five year net income growth of 54% was to be expected.
首先,我們喜歡內蒙古鄂爾多斯資源有限公司令人印象深刻的淨資產收益率。此外,該公司的淨資產收益率(ROE)高於8.4%的行業平均水平,這是相當了不起的。在這種情況下,內蒙古鄂爾多斯資源有限公司五年來淨收入54%的可觀增長是意料之中的。
As a next step, we compared Inner Mongolia ERDOS ResourcesLtd'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 18%.
下一步,我們將內蒙古鄂爾多斯資源有限公司的淨收入增長與行業進行了比較,令人欣喜的是,我們發現該公司的增長高於行業平均增長18%。
![past-earnings-growth](https://usnewsfile.futunn.com/pic/0-19820856-0-37b94931c1b0f6effced039f01ecde2b.png/big)
The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. 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 Inner Mongolia ERDOS ResourcesLtd is trading on a high P/E or a low P/E, relative to its industry.
賦予一家公司價值的基礎在很大程度上與其盈利增長掛鈎。對於投資者來説,重要的是知道市場是否已經消化了公司預期的收益增長(或下降)。這樣做將有助於他們確定該股的未來看起來是光明的還是不祥的。衡量預期收益增長的一個很好的指標是市盈率,它根據一隻股票的盈利前景決定市場願意為其支付的價格。因此,你可能想看看內蒙古鄂爾多斯資源有限公司的市盈率相對於其行業是高市盈率還是低市盈率。
Is Inner Mongolia ERDOS ResourcesLtd Using Its Retained Earnings Effectively?
內蒙古鄂爾多斯資源有限公司是否有效利用其留存收益?
The three-year median payout ratio for Inner Mongolia ERDOS ResourcesLtd is 43%, which is moderately low. The company is retaining the remaining 57%. By the looks of it, the dividend is well covered and Inner Mongolia ERDOS ResourcesLtd is reinvesting its profits efficiently as evidenced by its exceptional growth which we discussed above.
內蒙古鄂爾多斯資源有限公司的三年中值派息率為43%,略低。該公司將保留剩餘的57%。從表面上看,股息得到了很好的覆蓋,內蒙古鄂爾多斯資源有限公司正在有效地將其利潤進行再投資,這一點從我們上面討論的非凡增長中可見一斑。
Additionally, Inner Mongolia ERDOS ResourcesLtd has paid dividends over a period of at least ten years which means that the company is pretty serious about sharing its profits with shareholders.
此外,內蒙古鄂爾多斯資源有限公司在至少十年的時間裏一直在分紅,這意味着該公司非常認真地與股東分享利潤。
Summary
摘要
In total, we are pretty happy with Inner Mongolia ERDOS ResourcesLtd's performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. 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. Our risks dashboard will have the 1 risk we have identified for Inner Mongolia ERDOS ResourcesLtd.
總體而言,我們對內蒙古鄂爾多斯資源有限公司的表現相當滿意。具體地説,我們喜歡該公司將一大筆利潤以高回報率進行再投資。當然,這導致該公司的收益出現了大幅增長。如果該公司繼續以目前的方式增長收益,考慮到每股收益對長期股價的影響,這可能會對其股價產生積極影響。我們不要忘記,商業風險也是影響股票價格的因素之一。因此,這也是投資者在對任何業務做出決定之前需要關注的一個重要領域。我們的風險控制面板將包含我們為內蒙古鄂爾多斯資源有限公司確定的1個風險。
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本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。