Kunshan GuoLi Electronic Technology (SHSE:688103) Is Experiencing Growth In Returns On Capital
Kunshan GuoLi Electronic Technology (SHSE:688103) Is Experiencing Growth In Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? 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 on that note, Kunshan GuoLi Electronic Technology (SHSE:688103) looks quite promising in regards to its trends of return on capital.
要找到一隻多袋裝箱的股票,我們應該在企業中尋找哪些潛在趨勢?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 所用資本的比例。如果你看到這一點,這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,就資本回報率的趨勢而言,崑山國立電子科技(SHSE: 688103)看起來相當樂觀。
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. To calculate this metric for Kunshan GuoLi Electronic Technology, this is the formula:
對於那些不知道的人來說,ROCE是衡量公司年度稅前利潤(其回報率)的指標,相對於該業務使用的資本。要計算崑山國立電子科技的這個指標,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)
0.051 = CN¥79m ÷ (CN¥2.0b - CN¥399m) (Based on the trailing twelve months to September 2023).
0.051 = 7900萬元人民幣 ÷(2.0億元人民幣-3.99億元人民幣) (基於截至2023年9月的過去十二個月)。
So, Kunshan GuoLi Electronic Technology has an ROCE of 5.1%. Ultimately, that's a low return and it under-performs the Electrical industry average of 6.4%.
因此,崑山國立電子科技的投資回報率爲5.1%。歸根結底,這是一個低迴報,其表現低於電氣行業6.4%的平均水平。
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240212/0-5fe252cf844b8a9b480d86fb6f07a3eb-0-26cc7c584bd51b45e7bdeaa28cc206aa.png/big)
Above you can see how the current ROCE for Kunshan GuoLi Electronic Technology 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 Kunshan GuoLi Electronic Technology here for free.
上面你可以看到崑山國立電子科技當前的投資回報率與其先前的資本回報率相比如何,但從過去可以看出來的只有那麼多。如果你願意,可以在這裏免費查看報道崑山國立電子科技的分析師的預測。
What Does the ROCE Trend For Kunshan GuoLi Electronic Technology Tell Us?
崑山國立電子科技的投資回報率趨勢告訴我們什麼?
The fact that Kunshan GuoLi Electronic Technology is now generating some pre-tax profits from its prior investments is very encouraging. About five years ago the company was generating losses but things have turned around because it's now earning 5.1% on its capital. In addition to that, Kunshan GuoLi Electronic Technology is employing 265% more capital than previously which is expected of a company that's trying to break into profitability. This can tell us that the company has plenty of reinvestment opportunities that are able to generate higher returns.
崑山國立電子科技現在從先前的投資中獲得了一些稅前利潤,這一事實非常令人鼓舞。大約五年前,該公司出現了虧損,但情況已經好轉,因爲現在的資本收益爲5.1%。除此之外,崑山國立電子科技的僱用資金比之前增加了265%,這是一家試圖實現盈利的公司的預期。這可以告訴我們,該公司有大量的再投資機會,能夠產生更高的回報。
The Bottom Line
底線
In summary, it's great to see that Kunshan GuoLi Electronic Technology has managed to break into profitability and is continuing to reinvest in its business. And since the stock has fallen 51% over the last year, there might be an opportunity here. With that in mind, we believe the promising trends warrant this stock for further investigation.
總而言之,很高興看到崑山國立電子科技成功實現盈利並繼續對其業務進行再投資。而且,由於該股在去年下跌了51%,因此這裏可能有機會。考慮到這一點,我們認爲前景樂觀的趨勢值得對該股進行進一步調查。
Kunshan GuoLi Electronic Technology does come with some risks though, we found 2 warning signs in our investment analysis, and 1 of those makes us a bit uncomfortable...
不過,崑山國立電子科技確實存在一些風險,我們在投資分析中發現了兩個警告信號,其中一個讓我們有點不舒服...
While Kunshan GuoLi Electronic Technology may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.
儘管崑山國立電子科技目前可能無法獲得最高的回報,但我們編制了一份目前股本回報率超過25%的公司名單。在這裏查看這個免費清單。
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