Is Jenkem Technology Co., Ltd.'s (SHSE:688356) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Is Jenkem Technology Co., Ltd.'s (SHSE:688356) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jenkem Technology's (SHSE:688356) stock is up by a considerable 16% over the past month. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on Jenkem Technology's ROE.
JenKem Technology(上海證券交易所代碼:688356)的股票在過去一個月裡上漲了16%。考慮到市場從長期來看會獎勵強勁的金融類股,我們想知道,在這種情況下,情況是否如此。在本文中,我們決定將重點放在JenKem Technology的ROE上。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. Put another way, it reveals the company's success at turning shareholder investments into profits.
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。換句話說,它揭示了該公司成功地將股東投資轉化為利潤。
Check out our latest analysis for Jenkem Technology
查看我們對JenKem Technology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 Jenkem Technology is:
因此,根據上述公式,JenKem科技的ROE為:
12% = CN¥144m ÷ CN¥1.2b (Based on the trailing twelve months to June 2023).
12%=1.44億元×12億元(以截至2023年6月的12個月為基礎)。
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¥0.12.
“回報”就是年度利潤。因此,這意味著股東每投資1元人民幣,公司就會產生0.12元的利潤。
Why Is ROE Important For Earnings Growth?
為什麼淨資產收益率對收益增長很重要?
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.
我們已經證實,淨資產收益率是一家公司未來收益的有效盈利指標。我們現在需要評估公司將多少利潤再投資或“保留”用於未來的增長,這就讓我們對公司的增長潛力有了一個瞭解。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。
Jenkem Technology's Earnings Growth And 12% ROE
JenKem科技的收益增長和12%的淨資產收益率
To start with, Jenkem Technology's ROE looks acceptable. On comparing with the average industry ROE of 8.8% the company's ROE looks pretty remarkable. This certainly adds some context to Jenkem Technology's exceptional 31% net income growth seen over the past five years. We reckon that there could also be other factors at play here. 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.
首先,JenKem Technology的淨資產收益率看起來可以接受。與8.8%的行業平均淨資產收益率相比,該公司的淨資產收益率看起來相當驚人。這無疑為JenKem Technology在過去五年中31%的淨利潤增長提供了一些背景。我們認為,可能還有其他因素在起作用。例如,公司管理層可能做出了一些良好的戰略決策,或者公司的派息率較低。
Next, on comparing with the industry net income growth, we found that Jenkem Technology's growth is quite high when compared to the industry average growth of 9.8% in the same period, which is great to see.
接下來,對比行業淨收入增長,我們發現JenKem科技的增長與同期9.8%的行業平均增長相比相當高,這是很好的看到。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231026/0-6ca3f5904aa9cf971e1daba4bd683045-0-919dd3f6ea24a89fc2b2220d447e4758.png/big)
Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. Doing so will help them establish if the stock's future looks promising or ominous. Is 688356 fairly valued? This infographic on the company's intrinsic value has everything you need to know.
盈利增長是評估一隻股票時需要考慮的一個重要指標。投資者下一步需要確定的是,預期的收益增長是否已經計入了股價。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。688356的價值公平嗎?這張關於公司內在價值的資訊圖包含了你需要知道的一切。
Is Jenkem Technology Making Efficient Use Of Its Profits?
JenKem科技是否有效地利用了其利潤?
The three-year median payout ratio for Jenkem Technology is 27%, which is moderately low. The company is retaining the remaining 73%. This suggests that its dividend is well covered, and given the high growth we discussed above, it looks like Jenkem Technology is reinvesting its earnings efficiently.
JenKem Technology的三年中值派息率為27%,略低。該公司將保留剩餘的73%。這表明它的股息得到了很好的覆蓋,考慮到我們上面討論的高增長,JenKem科技似乎正在有效地對其收益進行再投資。
Along with seeing a growth in earnings, Jenkem Technology only recently started paying dividends. Its quite possible that the company was looking to impress its shareholders.
在看到收益增長的同時,JenKem科技最近才開始支付股息。該公司很可能希望給股東留下深刻印象。
Summary
摘要
On the whole, we feel that Jenkem Technology's performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. We also studied the latest analyst forecasts and found that the company's earnings growth is expected be similar to its current growth rate. 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.
整體而言,我們覺得JenKem科技的表現相當不錯。特別是,很高興看到該公司在業務上投入了大量資金,並獲得了高回報率,這導致了其收益的可觀增長。我們還研究了最新的分析師預測,發現該公司的收益增長預計將與目前的增長速度相似。這些分析師的預期是基於對該行業的廣泛預期,還是基於該公司的基本面?點擊此處進入我們分析師對該公司的預測頁面。
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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.