ZTO Express (Cayman) Inc. (NYSE:ZTO) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
ZTO Express (Cayman) Inc. (NYSE:ZTO) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
ZTO Express (Cayman) (NYSE:ZTO) has had a rough three months with its share price down 28%. But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Particularly, we will be paying attention to ZTO Express (Cayman)'s ROE today.
中通快遞(開曼)(紐約證券交易所代碼:ZTO)經歷了艱難的三個月,其股價下跌了28%。但是,如果你密切關注,你可能會發現,鑑於市場通常會獎勵財務狀況良好的公司,其強勁的財務狀況可能意味着該股的長期價值可能會增加。特別是,我們今天將關注中通快遞(開曼)的投資回報率。
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
股本回報率或投資回報率是用於評估公司管理層利用公司資本效率的關鍵指標。簡而言之,它衡量公司相對於股東權益的盈利能力。
How To Calculate Return On Equity?
如何計算股本回報率?
Return on equity can be calculated by using the formula:
股本回報率可以使用以下公式計算:
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 ZTO Express (Cayman) is:
因此,根據上述公式,中通快遞(開曼)的投資回報率爲:
15% = CN¥8.7b ÷ CN¥58b (Based on the trailing twelve months to September 2023).
15% = 87億元人民幣 ÷ 58億元人民幣(基於截至2023年9月的過去十二個月)。
The 'return' is the yearly profit. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.15.
“回報” 是每年的利潤。因此,這意味着公司每投資1美元,就會產生0.15美元的利潤。
What Has ROE Got To Do With Earnings Growth?
投資回報率與收益增長有什麼關係?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. 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.
到目前爲止,我們已經了解到,投資回報率衡量的是公司創造利潤的效率。現在,我們需要評估公司再投資或 “保留” 了多少利潤以用於未來的增長,從而使我們對公司的增長潛力有所了解。一般而言,在其他條件相同的情況下,股本回報率和利潤留存率高的公司的增長率要高於不具有這些屬性的公司。
ZTO Express (Cayman)'s Earnings Growth And 15% ROE
中通快遞(開曼)的收益增長和15%的投資回報率
To start with, ZTO Express (Cayman)'s ROE looks acceptable. Further, the company's ROE is similar to the industry average of 15%. Consequently, this likely laid the ground for the decent growth of 12% seen over the past five years by ZTO Express (Cayman).
首先,中通快遞(開曼)的投資回報率似乎可以接受。此外,該公司的投資回報率與行業平均水平的15%相似。因此,這可能爲中通快遞(開曼)在過去五年中實現12%的可觀增長奠定了基礎。
We then compared ZTO Express (Cayman)'s net income growth with the industry and found that the company's growth figure is lower than the average industry growth rate of 19% in the same 5-year period, which is a bit concerning.
然後,我們將中通快遞(開曼)的淨收入增長與該行業進行了比較,發現該公司的增長數字低於同期19%的行業平均增長率,這有點令人擔憂。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240211/0-7ecc12b5fc778f49112b048a6b038839-0-cc702eb56725fa05dea373b3c7232b40.png/big)
Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is ZTO fairly valued? This infographic on the company's intrinsic value has everything you need to know.
收益增長是對股票進行估值時要考慮的重要指標。對於投資者來說,重要的是要知道市場是否對公司的預期收益增長(或下降)進行了定價。通過這樣做,他們將知道股票是走向清澈的藍色海水還是沼澤水域在等着呢。ZTO 的價值是否合理?這張關於公司內在價值的信息圖包含了你需要知道的一切。
Is ZTO Express (Cayman) Making Efficient Use Of Its Profits?
中通快遞(開曼)是否在有效利用其利潤?
Conclusion
結論
Overall, we are quite pleased with ZTO Express (Cayman)'s performance. 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 respectable growth in its earnings. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.
總體而言,我們對中通快遞(開曼)的表現非常滿意。特別是,很高興看到該公司正在對其業務進行大量投資,再加上高回報率,這爲其收益帶來了可觀的增長。既然如此,對分析師最新預測的研究表明,預計該公司未來的收益增長將放緩。要了解有關公司未來收益增長預測的更多信息,請查看這份關於分析師預測的免費報告,以了解更多信息。
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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。