Ningbo Shimao Energy Co.,Ltd (SHSE:605028) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Ningbo Shimao Energy Co.,Ltd (SHSE:605028) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
It is hard to get excited after looking at Ningbo Shimao EnergyLtd's (SHSE:605028) recent performance, when its stock has declined 14% over the past week. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Particularly, we will be paying attention to Ningbo Shimao EnergyLtd's ROE today.
寧波世茂能源股份有限公司(SHSE:605028)股價近一週下跌14%,看着它的表現不太令人興奮。但是,如果你再仔細看看它的健康財務狀況,你可能會改變看法。基本面通常是長期市場結果的驅動力,因此這家公司值得關注。特別是,我們今天將會關注寧波世茂能源的roe。
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
roe或權益回報率是評估公司有效利用股東投資產生回報效率的有用工具。簡而言之,roe顯示每個股東投資所產生的利潤。
Check out our latest analysis for Ningbo Shimao EnergyLtd
請查看我們最新的寧波世茂能源分析。
How To Calculate Return On Equity?
如何計算股東權益報酬率?
Return on equity can be calculated by using the formula:
股東權益報酬率可以使用以下公式計算:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
淨資產收益率 = 淨利潤(從持續經營中獲得)÷ 股東權益
So, based on the above formula, the ROE for Ningbo Shimao EnergyLtd is:
因此,根據上述公式,寧波世茂能源的roe爲:
16% = CN¥204m ÷ CN¥1.3b (Based on the trailing twelve months to September 2023).
16%=CN¥20400萬÷CN¥13億(基於截至2023年9月的過去十二個月)。
The 'return' is the income the business earned over the last year. One way to conceptualize this is that for each CN¥1 of shareholders' capital it has, the company made CN¥0.16 in profit.
“回報”是企業在過去一年中賺取的收入。一個概念化的方法是,對於每個股東的資本元,公司賺取了0.16元的利潤。
What Has ROE Got To Do With Earnings Growth?
ROE與盈利增長有什麼關係?
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ROE作爲公司未來收益的有效利潤生成度量。根據公司“保留”多少利潤以及它如何有效地保留利潤,我們能夠評估公司的收益增長潛力。假設其他所有條件相同,具有更高股東權益回報率和更高利潤保留的公司通常是與沒有相同特徵的公司相比增長速度更高的公司。
A Side By Side comparison of Ningbo Shimao EnergyLtd's Earnings Growth And 16% ROE
寧波世茂能源盈利增長與16% ROE的橫向比較。
To start with, Ningbo Shimao EnergyLtd's ROE looks acceptable. Especially when compared to the industry average of 8.7% the company's ROE looks pretty impressive. Probably as a result of this, Ningbo Shimao EnergyLtd was able to see an impressive net income growth of 25% over the last five years. We reckon that there could also be other factors at play here. Such as - high earnings retention or an efficient management in place.
首先,寧波世茂能源公司的ROE看起來是可以接受的。特別是與行業平均值8.7%相比,該公司的ROE非常令人印象深刻。或許正因爲如此,寧波世茂能源在過去五年裏的淨利潤增長驚人達25%。我們認爲這裏也可能存在其它因素,例如 - 高盈利保留或高效率的管理等。接下來,與行業淨利潤增長相比,我們發現寧波世茂能源的增長率相當高,比同期行業平均增長率7.5%高得多,這是一個好現象。
Next, on comparing with the industry net income growth, we found that Ningbo Shimao EnergyLtd's growth is quite high when compared to the industry average growth of 7.5% in the same period, which is great to see.
SHSE: 605028 過去的盈利增長 2024年1月23日。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240123/0-60af73e899c107a7864c313d0721e825-0-38539b3ed3fbe74828730bc552f8a1c6.png/big)
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). This then helps them determine if the stock is placed for a bright or bleak future. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Ningbo Shimao EnergyLtd is trading on a high P/E or a low P/E, relative to its industry.
寧波世茂能源是否有效地利用其盈利?總的來說,我們認爲寧波世茂能源的表現相當不錯。特別是,我們喜歡公司大量地對業務進行了再投資,而且回報率很高。不出所料,這導致了驚人的盈利增長。如果公司能夠繼續像現在這樣增長,那麼這將對其股票價格產生正面影響,因爲每股盈利對長期股價有很大的影響。不要忘記,業務風險也是影響股票價格的因素之一。因此,這也是投資者在決定任何業務時需要注意的重要領域。要了解我們爲寧波世茂能源確定的1種風險,請訪問我們的風險儀表板。
Is Ningbo Shimao EnergyLtd Making Efficient Use Of Its Profits?
寧波世茂能源有限公司是否有效利用其利潤?
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.
雖然該公司過去曾支付其部分股息,但目前不支付股息。這可能就是上述高盈利增長率的驅動力。
Conclusion
結論
On the whole, we feel that Ningbo Shimao EnergyLtd's performance has been quite good. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. 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. Let's not forget, business risk is also one of the factors that affects the price of the stock. So this is also an important area that investors need to pay attention to before making a decision on any business. To know the 1 risk we have identified for Ningbo Shimao EnergyLtd visit our risks dashboard for free.
總的來說,我們認爲寧波世茂能源的表現相當不錯。特別是,我們喜歡公司大量地對業務進行了再投資,而且回報率很高。不出所料,這導致了驚人的盈利增長。如果公司能夠繼續像現在這樣增長,那麼這將對其股票價格產生正面影響,因爲每股盈利對長期股價有很大的影響。不要忘記,業務風險也是影響股票價格的因素之一。因此,這也是投資者在決定任何業務時需要注意的重要領域。要了解我們爲寧波世茂能源確定的1種風險,請訪問我們的風險儀表板。
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這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。