Investors Should Be Encouraged By YanKer Shop FoodLtd's (SZSE:002847) Returns On Capital
Investors Should Be Encouraged By YanKer Shop FoodLtd's (SZSE:002847) Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount 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. So when we looked at the ROCE trend of YanKer shop FoodLtd (SZSE:002847) we really liked what we saw.
我們應該尋找哪些趨勢?我們想確定可以長期價值成倍增長的股票?除其他外,我們希望看到兩件事;首先,成長 返回 論資本使用率(ROCE),其次是公司的擴張 金額 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。因此,當我們查看Yanker商店FoodLtd(SZSE:002847)的投資回報率趨勢時,我們真的很喜歡我們所看到的。
Understanding Return On Capital Employed (ROCE)
了解資本使用回報率 (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. Analysts use this formula to calculate it for YanKer shop FoodLtd:
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。分析師使用這個公式來計算 Yanker shop FoodLtd 的計算結果:
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)
0.35 = CN¥498m ÷ (CN¥2.7b - CN¥1.3b) (Based on the trailing twelve months to September 2023).
0.35 = 4.98億元人民幣 ≤(人民幣27億元-人民幣1.3億元人民幣) (基於截至2023年9月的過去十二個月)。
Therefore, YanKer shop FoodLtd has an ROCE of 35%. That's a fantastic return and not only that, it outpaces the average of 7.5% earned by companies in a similar industry.
因此,Yanker商店FoodLtd的投資回報率爲35%。這是一個不錯的回報,不僅如此,它還超過了同類行業公司7.5%的平均收入。
View our latest analysis for YanKer shop FoodLtd
查看我們對 Yanker shop FoodLtd 的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231207/0-b7b97bfdab28e5a43af53cd35e9859e6-0-eac8df0809d9635678b460a96e55eafb.png/big)
Above you can see how the current ROCE for YanKer shop FoodLtd compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering YanKer shop FoodLtd here for free.
在上方你可以看到YanKer商店FoodLtd當前的投資回報率與之前的資本回報率相比如何,但從過去你能看出來的東西只有很多。如果你願意,你可以在這裏免費查看分析師對Yanker商店FoodLtd的預測。
What The Trend Of ROCE Can Tell Us
ROCE 的趨勢能告訴我們什麼
Investors would be pleased with what's happening at YanKer shop FoodLtd. The data shows that returns on capital have increased substantially over the last five years to 35%. The company is effectively making more money per dollar of capital used, and it's worth noting that the amount of capital has increased too, by 120%. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed.
投資者會對Yanker商店FoodLtd發生的事情感到滿意。數據顯示,在過去五年中,資本回報率已大幅提高至35%。實際上,該公司每使用1美元的資本可以賺更多的錢,值得注意的是,資本金額也增加了120%。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。
On a side note, YanKer shop FoodLtd's current liabilities are still rather high at 48% of total assets. This can bring about some risks because the company is basically operating with a rather large reliance on its suppliers or other sorts of short-term creditors. Ideally we'd like to see this reduce as that would mean fewer obligations bearing risks.
順便說一句,Yanker shop FoodLtd的流動負債仍然相當高,佔總資產的48%。這可能會帶來一些風險,因爲該公司的運營基本上相當依賴其供應商或其他類型的短期債權人。理想情況下,我們希望看到這種情況減少,因爲這將意味着承擔風險的債務減少。
The Key Takeaway
關鍵要點
A company that is growing its returns on capital and can consistently reinvest in itself is a highly sought after trait, and that's what YanKer shop FoodLtd has. Since the stock has returned a staggering 436% to shareholders over the last five years, it looks like investors are recognizing these changes. Therefore, we think it would be worth your time to check if these trends are going to continue.
一家不斷提高資本回報率並且能夠持續進行自我再投資的公司是一個備受追捧的特徵,而這正是Yanker shop FoodLtd所擁有的特徵。由於該股在過去五年中爲股東帶來了驚人的436%的回報,看來投資者已經意識到了這些變化。因此,我們認爲值得您花時間檢查這些趨勢是否會持續下去。
If you want to know some of the risks facing YanKer shop FoodLtd we've found 3 warning signs (1 is significant!) that you should be aware of before investing here.
如果你想知道 Yanker shop FoodLtd 面臨的一些風險,我們已經找到了 3 個警告標誌(1 個很重要!)在這裏投資之前,你應該意識到這一點。
If you'd like to see other companies earning high returns, check out our free list of companies earning high returns with solid balance sheets here.
如果您想看到其他公司獲得高回報,請在此處查看我們的免費高回報且資產負債表穩健的公司名單。
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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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
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。