Is Rongan Property Co.,Ltd.'s (SZSE:000517) Recent Performance Tethered To Its Attractive Financial Prospects?
Is Rongan Property Co.,Ltd.'s (SZSE:000517) Recent Performance Tethered To Its Attractive Financial Prospects?
Rongan PropertyLtd's (SZSE:000517) stock is up by 6.6% over the past three months. Given its impressive performance, we decided to study the company's key financial indicators as a company's long-term fundamentals usually dictate market outcomes. Specifically, we decided to study Rongan PropertyLtd's ROE in this article.
融安地產股份有限公司(SZSE:000517)的股票在過去三個月裡上漲了6.6%。鑑於其令人印象深刻的表現,我們決定研究該公司的關鍵財務指標,因為公司的長期基本面通常決定市場結果。具體地說,我們決定在本文中研究融安地產有限公司的淨資產收益率。
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. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
股本回報率或淨資產收益率是股東要考慮的一個重要因素,因為它告訴他們他們的資本再投資的效率。簡而言之,它是用來評估一家公司相對於其權益資本的盈利能力。
Check out our latest analysis for Rongan PropertyLtd
查看我們對融安地產有限公司的最新分析
How Do You Calculate Return On Equity?
你如何計算股本回報率?
ROE can be calculated by using the formula:
可使用以下公式計算淨資產收益率:
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 Rongan PropertyLtd is:
因此,根據上述公式,融安地產有限公司的淨資產收益率為:
8.6% = CN¥981m ÷ CN¥11b (Based on the trailing twelve months to March 2023).
8.6%=9.81億元×11億元(以截至2023年3月的12個月為基礎)。
The 'return' is the amount earned after tax over the last twelve months. Another way to think of that is that for every CN¥1 worth of equity, the company was able to earn CN¥0.09 in profit.
“報稅表”是過去12個月的稅後收入。另一種說法是,公司每持有價值1元的股權,就能賺取0.09元的利潤。
What Is The Relationship Between ROE And Earnings Growth?
淨資產收益率與盈利增長之間有什麼關係?
So far, we've learned that ROE is a measure of a company's profitability. 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.
到目前為止,我們瞭解到淨資產收益率是衡量一家公司盈利能力的指標。根據公司選擇再投資或“保留”多少利潤,我們就能夠評估一家公司未來產生利潤的能力。一般來說,在其他條件相同的情況下,股本回報率和利潤留存較高的公司比不具備這些特徵的公司有更高的增長率。
Rongan PropertyLtd's Earnings Growth And 8.6% ROE
融安地產盈利增長8.6%淨資產收益率
When you first look at it, Rongan PropertyLtd's ROE doesn't look that attractive. However, the fact that the its ROE is quite higher to the industry average of 4.9% doesn't go unnoticed by us. This probably goes some way in explaining Rongan PropertyLtd's moderate 9.9% growth over the past five years amongst other factors. That being said, the company does have a slightly low ROE to begin with, just that it is higher than the industry average. Hence there might be some other aspects that are causing earnings to grow. Such as- high earnings retention or the company belonging to a high growth industry.
當你第一次看到它時,融安地產有限公司的淨資產收益率看起來並不那麼吸引人。然而,ITS的淨資產收益率(ROE)相當高,高於4.9%的行業平均水準,這一事實並不是我們沒有注意到的。這可能在一定程度上解釋了融安地產有限公司在過去五年中9.9%的溫和增長,以及其他因素。話雖如此,該公司一開始的淨資產收益率確實略低,只是高於行業平均水準。因此,可能還有其他一些方面正在導致收益增長。例如-高收益留存或公司屬於高增長行業。
As a next step, we compared Rongan PropertyLtd'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 0.1%.
下一步,我們將融安地產的淨收入增長與行業進行了比較,令人欣喜的是,我們發現該公司看到的增長高於行業平均0.1%的增長。
Earnings growth is a huge factor in stock valuation. 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. If you're wondering about Rongan PropertyLtd's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
盈利增長是股票估值的一個重要因素。對於投資者來說,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)。通過這樣做,他們將知道股票是將進入清澈的藍色水域,還是等待沼澤水域。如果你想知道融安地產有限公司的估值,看看這個衡量其本益比的指標,與其行業相比。
Is Rongan PropertyLtd Efficiently Re-investing Its Profits?
融安地產有限公司是否有效地將其利潤進行了再投資?
Rongan PropertyLtd has a low three-year median payout ratio of 24%, meaning that the company retains the remaining 76% of its profits. This suggests that the management is reinvesting most of the profits to grow the business.
融安地產有限公司的三年派息率中值為24%,這意味著該公司將保留剩餘76%的利潤。這表明管理層正在將大部分利潤進行再投資,以實現業務增長。
Additionally, Rongan PropertyLtd has paid dividends over a period of nine years which means that the company is pretty serious about sharing its profits with shareholders.
此外,融安地產有限公司在九年的時間裡支付了股息,這意味著該公司非常認真地與股東分享利潤。
Summary
摘要
Overall, we are quite pleased with Rongan PropertyLtd's performance. Specifically, we like that it has been reinvesting a high portion of its profits at a moderate rate of return, resulting in earnings expansion. 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. Not to forget, share price outcomes are also dependent on the potential risks a company may face. So it is important for investors to be aware of the risks involved in the business. To know the 2 risks we have identified for Rongan PropertyLtd visit our risks dashboard for free.
總體而言,我們對融安地產有限公司的表現相當滿意。具體地說,我們喜歡它一直在以適度的回報率將高比例利潤進行再投資,導致收益擴大。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。別忘了,股價結果還取決於一家公司可能面臨的潛在風險。因此,投資者意識到這項業務所涉及的風險很重要。要了解我們為融安地產有限公司確定的兩個風險,請免費訪問我們的風險儀錶板。
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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。