We Like Chongqing Baiya Sanitary Products' (SZSE:003006) Returns And Here's How They're Trending
We Like Chongqing Baiya Sanitary Products' (SZSE:003006) Returns And Here's How They're Trending
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. And in light of that, the trends we're seeing at Chongqing Baiya Sanitary Products' (SZSE:003006) look very promising so lets take a look.
如果你正在尋找一款多功能裝袋機,有幾件事需要注意。首先,我們希望看到經過驗證的 返回 關於正在增加的資本使用率(ROCE),其次是擴大 基礎 已動用資本的百分比。如果你看到這一點,那通常意味着它是一家擁有良好商業模式和大量盈利再投資機會的公司。有鑑於此,我們在重慶百雅衛浴用品(SZSE:003006)上看到的趨勢看起來非常有希望,所以讓我們來看看吧。
What Is Return On Capital Employed (ROCE)?
什麼是資本使用回報率(ROCE)?
For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Chongqing Baiya Sanitary Products, this is the formula:
對於那些不知道的人來說,投資回報率是衡量公司年度稅前利潤(其回報率)與企業所用資本的關係。要計算重慶百雅衛生用品的該指標,公式如下:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
已動用資本回報率 = 息稅前收益 (EBIT) ¥(總資產-流動負債)
0.21 = CN¥267m ÷ (CN¥1.7b - CN¥397m) (Based on the trailing twelve months to June 2023).
0.21 = 2.67億元人民幣 ≤(人民幣17億元人民幣-3.97億元人民幣) (基於截至 2023 年 6 月的過去十二個月)。
So, Chongqing Baiya Sanitary Products has an ROCE of 21%. That's a fantastic return and not only that, it outpaces the average of 9.3% earned by companies in a similar industry.
因此,重慶百雅衛生用品的投資回報率爲21%。這是一個不錯的回報,不僅如此,它還超過了同類行業公司9.3%的平均收入。
View our latest analysis for Chongqing Baiya Sanitary Products
查看我們對重慶百雅衛浴產品的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231206/0-94a514d01473d0dc80718058053fdf9a-0-a3dae671d15bea478d2efbfe1173beff.png/big)
In the above chart we have measured Chongqing Baiya Sanitary Products' prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free report on analyst forecasts for the company.
在上面的圖表中,我們對重慶百亞衛浴產品之前的投資回報率與之前的表現進行了比較,但可以說,未來更爲重要。如果你有興趣,可以在我們關於公司分析師預測的免費報告中查看分析師的預測。
So How Is Chongqing Baiya Sanitary Products' ROCE Trending?
那麼,重慶百雅衛浴用品的投資回報率如何走勢呢?
Chongqing Baiya Sanitary Products is displaying some positive trends. The data shows that returns on capital have increased substantially over the last five years to 21%. Basically the business is earning more per dollar of capital invested and in addition to that, 111% more capital is being employed now too. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed.
重慶百雅衛生用品呈現出一些積極的趨勢。數據顯示,在過去五年中,資本回報率已大幅增長至21%。基本上,企業每投資1美元的資本就能獲得更多的收入,除此之外,現在使用的資本也增加了111%。不斷增長的資本回報率在多元化企業中很常見,這就是我們印象深刻的原因。
What We Can Learn From Chongqing Baiya Sanitary Products' ROCE
我們可以從重慶白亞衛浴用品的ROCE中學到什麼
In summary, it's great to see that Chongqing Baiya Sanitary Products can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. And since the stock has fallen 26% over the last three years, there might be an opportunity here. So researching this company further and determining whether or not these trends will continue seems justified.
總而言之,很高興看到重慶百雅衛浴產品能夠以更高的回報率持續進行資本再投資,從而實現複合收益,因爲這些是那些備受追捧的多袋機的一些關鍵要素。而且,由於該股在過去三年中下跌了26%,因此這裏可能有機會。因此,進一步研究這家公司並確定這些趨勢是否會持續下去似乎是合理的。
If you'd like to know about the risks facing Chongqing Baiya Sanitary Products, we've discovered 1 warning sign that you should be aware of.
如果你想了解重慶百雅衛浴產品面臨的風險,我們發現了1個警告信號,你應該注意。
If you want to search for more stocks that have been earning high returns, check out this free list of stocks with solid balance sheets that are also earning high returns on equity.
如果你想搜索更多獲得高回報的股票,可以查看這份資產負債表穩健且淨資產回報率也很高的股票的免費清單。
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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的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。