Is Chengdu CORPRO Technology Co.,Ltd.'s (SZSE:300101) Latest Stock Performance Being Led By Its Strong Fundamentals?
Is Chengdu CORPRO Technology Co.,Ltd.'s (SZSE:300101) Latest Stock Performance Being Led By Its Strong Fundamentals?
Chengdu CORPRO TechnologyLtd's (SZSE:300101) stock is up by 8.5% over the past three months. 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 Chengdu CORPRO TechnologyLtd's ROE.
成都康寶科技股份有限公司(深圳證券交易所代碼:300101)的股票在過去三個月中上漲了8.5%。鑑於從長遠來看,市場會獎勵強勁的財務狀況,我們想知道在這種情況下是否如此。在本文中,我們決定重點關注成都科瑞科技有限公司的投資回報率。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
股本回報率或投資回報率是對公司增值和管理投資者資金的有效性的考驗。簡而言之,它用於評估公司相對於其股權資本的盈利能力。
Check out our latest analysis for Chengdu CORPRO TechnologyLtd
查看我們對成都科瑞科技有限公司的最新分析
How Is ROE Calculated?
ROE 是如何計算的?
The formula for ROE is:
ROE 的公式是:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回報率 = 淨利潤(來自持續經營業務)÷ 股東權益
So, based on the above formula, the ROE for Chengdu CORPRO TechnologyLtd is:
因此,根據上述公式,成都CORPRO科技有限公司的投資回報率爲:
12% = CN¥231m ÷ CN¥2.0b (Based on the trailing twelve months to September 2023).
12% = 2.31億元人民幣 ÷ 2.0億元人民幣(基於截至2023年9月的過去十二個月)。
The 'return' is the amount earned after tax over the last twelve months. That means that for every CN¥1 worth of shareholders' equity, the company generated CN¥0.12 in profit.
“回報” 是過去十二個月的稅後收入。這意味着,公司每獲得價值1元人民幣的股東權益,就會產生0.12元人民幣的利潤。
Why Is ROE Important For Earnings Growth?
爲什麼投資回報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. 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 all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.
我們已經確定,投資回報率是衡量公司未來收益的有效盈利指標。然後,我們能夠評估公司的收益增長潛力,具體取決於公司對這些利潤進行再投資或 “保留” 了多少及其有效性。假設其他條件都一樣,與功能不相同的公司相比,具有更高股本回報率和更高利潤保留率的公司通常具有更高的增長率。
Chengdu CORPRO TechnologyLtd's Earnings Growth And 12% ROE
成都CORPRO科技有限公司的收益增長和12%的投資回報率
At first glance, Chengdu CORPRO TechnologyLtd seems to have a decent ROE. On comparing with the average industry ROE of 6.7% the company's ROE looks pretty remarkable. This probably laid the ground for Chengdu CORPRO TechnologyLtd's significant 55% net income growth seen over the past five years. We reckon that there could also be other factors at play here. For instance, the company has a low payout ratio or is being managed efficiently.
乍一看,成都CORPRO科技有限公司的投資回報率似乎不錯。與6.7%的行業平均投資回報率相比,該公司的投資回報率看起來相當可觀。這可能爲成都CORPRO科技有限公司在過去五年中實現55%的顯著淨收入增長奠定了基礎。我們認爲,這裏可能還有其他因素在起作用。例如,該公司的派息率很低或管理得很高效。
Next, on comparing with the industry net income growth, we found that Chengdu CORPRO TechnologyLtd's growth is quite high when compared to the industry average growth of 13% in the same period, which is great to see.
接下來,與行業淨收入增長相比,我們發現成都CORPRO科技有限公司的增長相當高,而同期的行業平均增長率爲13%,這真是太好了。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231230/0-4429de716d83423127841cd348a02444-0-00e5164cc7e6964fb571682813d8c58c.png/big)
Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. Is Chengdu CORPRO TechnologyLtd fairly valued compared to other companies? These 3 valuation measures might help you decide.
收益增長是股票估值的重要因素。無論如何,投資者應設法確定預期的收益增長或下降是否已計入其中。然後,這可以幫助他們確定股票是面向光明還是暗淡的未來。與其他公司相比,成都CORPRO科技有限公司的估值是否合理?這3種估值指標可能會幫助您做出決定。
Is Chengdu CORPRO TechnologyLtd Making Efficient Use Of Its Profits?
成都CORPRO科技有限公司是否在有效利用其利潤?
While the company did pay out a portion of its dividend in the past, it currently doesn't pay a dividend. This is likely what's driving the high earnings growth number discussed above.
儘管該公司過去確實支付了部分股息,但目前不支付股息。這可能是推動上述高收益增長數字的原因。
Summary
摘要
Overall, we are quite pleased with Chengdu CORPRO TechnologyLtd'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. Remember, the price of a stock is also dependent on the perceived risk. Therefore investors must keep themselves informed about the risks involved before investing in any company. Our risks dashboard would have the 2 risks we have identified for Chengdu CORPRO TechnologyLtd.
總的來說,我們對成都CORPRO科技有限公司的表現非常滿意。具體而言,我們喜歡該公司以高回報率再投資其利潤的很大一部分。當然,這導致該公司的收益大幅增長。考慮到每股收益如何影響長期股價,如果該公司繼續以現有方式增長收益,這可能會對其股價產生積極影響。請記住,股票的價格還取決於感知的風險。因此,在投資任何公司之前,投資者必須隨時了解所涉及的風險。我們的風險儀表板將包含我們爲成都CORPRO科技有限公司確定的兩種風險。
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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。