Are Strong Financial Prospects The Force That Is Driving The Momentum In TianJin 712 Communication & Broadcasting Co., Ltd.'s SHSE:603712) Stock?
Are Strong Financial Prospects The Force That Is Driving The Momentum In TianJin 712 Communication & Broadcasting Co., Ltd.'s SHSE:603712) Stock?
TianJin 712 Communication & Broadcasting's (SHSE:603712) stock is up by a considerable 7.4% over the past month. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key performance indicators to see if they could be influencing the market. Particularly, we will be paying attention to TianJin 712 Communication & Broadcasting's ROE today.
天津712通信廣播公司(上海證券交易所代碼:603712)的股票在過去一個月中大幅上漲了7.4%。由於市場通常會爲公司的長期基本面買單,因此我們決定研究公司的關鍵績效指標,看看它們是否會影響市場。特別是,我們今天將關注天津712通信廣播的投資回報率。
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 other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
投資回報率或股本回報率是評估公司如何有效地從股東那裏獲得投資回報的有用工具。換句話說,它是衡量公司股東提供的資本回報率的盈利比率。
How To Calculate Return On Equity?
如何計算股本回報率?
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 TianJin 712 Communication & Broadcasting is:
因此,根據上述公式,天津712通信與廣播的投資回報率爲:
17% = CN¥793m ÷ CN¥4.6b (Based on the trailing twelve months to September 2023).
17% = 7.93億元人民幣 ÷ 46億元人民幣(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. That means that for every CN¥1 worth of shareholders' equity, the company generated CN¥0.17 in profit.
“回報” 是企業在過去一年中獲得的收入。這意味着,每獲得價值1元人民幣的股東權益,該公司就會產生0.17元人民幣的利潤。
What Is The Relationship Between ROE And Earnings Growth?
投資回報率與收益增長之間有什麼關係?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. 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。根據公司選擇將多少利潤進行再投資或 “保留”,我們便能夠評估公司未來創造利潤的能力。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。
TianJin 712 Communication & Broadcasting's Earnings Growth And 17% ROE
天津712通信廣播的收益增長和17%的投資回報率
To begin with, TianJin 712 Communication & Broadcasting seems to have a respectable ROE. On comparing with the average industry ROE of 6.7% the company's ROE looks pretty remarkable. Probably as a result of this, TianJin 712 Communication & Broadcasting was able to see an impressive net income growth of 27% 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,天津712通信與廣播的投資回報率似乎相當不錯。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。可能正因爲如此,天津712通信與廣播公司在過去五年中實現了27%的驚人淨收入增長。我們認爲,這裏可能還有其他因素在起作用。例如——高收益留存率或實行高效管理。
As a next step, we compared TianJin 712 Communication & Broadcasting's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 13%.
下一步,我們將天津712通信廣播的淨收入增長與該行業進行了比較,令人高興的是,我們發現該公司的增長高於13%的行業平均增長。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240228/0-36a8a6fdbc57b7959199db7c6b8c9052-0-19148e23b5a7b935c64168c9a932928b.png/big)
The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. Is TianJin 712 Communication & Broadcasting fairly valued compared to other companies? These 3 valuation measures might help you decide.
爲公司附加價值的基礎在很大程度上與其收益增長息息相關。投資者接下來需要確定的是,預期的收益增長或缺乏收益是否已經包含在股價中。然後,這可以幫助他們確定股票是爲光明還是暗淡的未來而佈局。與其他公司相比,天津712通信廣播的估值是否公道?這3種估值指標可能會幫助您做出決定。
Is TianJin 712 Communication & Broadcasting Making Efficient Use Of Its Profits?
天津712通信廣播是否在有效利用其利潤?
TianJin 712 Communication & Broadcasting's three-year median payout ratio to shareholders is 11%, which is quite low. This implies that the company is retaining 89% of its profits. This suggests that the management is reinvesting most of the profits to grow the business as evidenced by the growth seen by the company.
天津712通信廣播三年股東派息率中位數爲11%,相當低。這意味着該公司保留了89%的利潤。這表明管理層正在將大部分利潤再投資於業務增長,公司的增長就證明了這一點。
Moreover, TianJin 712 Communication & Broadcasting is determined to keep sharing its profits with shareholders which we infer from its long history of six years of paying a dividend.
此外,天津712通信廣播決心繼續與股東分享利潤,這是我們從其六年派息的長期歷史中推斷出來的。
Conclusion
結論
On the whole, we feel that TianJin 712 Communication & Broadcasting's performance has been quite good. 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 sizeable growth in its earnings. We also studied the latest analyst forecasts and found that the company's earnings growth is expected be similar to its current growth rate. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.
總的來說,我們覺得天津七一二通信廣播的表現相當不錯。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。我們還研究了最新的分析師預測,發現該公司的收益增長預計與其當前的增長率相似。這些分析師的預期是基於對該行業的廣泛預期,還是基於公司的基本面?點擊此處進入我們分析師對公司的預測頁面。
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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。