There's Been No Shortage Of Growth Recently For Wuxi HyatechLtd's (SHSE:688510) Returns On Capital
There's Been No Shortage Of Growth Recently For Wuxi HyatechLtd's (SHSE:688510) Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. With that in mind, we've noticed some promising trends at Wuxi HyatechLtd (SHSE:688510) so let's look a bit deeper.
如果你正在尋找一款多功能裝袋機,有幾件事需要注意。在一個完美的世界中,我們希望看到一家公司向其業務投入更多資本,理想情況下,從這些資本中獲得的回報也在增加。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。考慮到這一點,我們注意到無錫航亞科技股份有限公司(上海證券交易所代碼:688510)的一些令人鼓舞的趨勢,所以讓我們更深入地了解一下。
Understanding Return On Capital Employed (ROCE)
了解資本使用回報率 (ROCE)
Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. The formula for this calculation on Wuxi HyatechLtd is:
爲了澄清一下你是否不確定,ROCE是評估公司從投資於其業務的資本中獲得多少稅前收入(按百分比計算)的指標。無錫航亞科技有限公司的計算公式爲:
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)
0.088 = CN¥96m ÷ (CN¥1.5b - CN¥376m) (Based on the trailing twelve months to December 2023).
0.088 = 9600萬元人民幣 ÷(15億元人民幣-3.76億元人民幣) (基於截至2023年12月的過去十二個月)。
So, Wuxi HyatechLtd has an ROCE of 8.8%. In absolute terms, that's a low return, but it's much better than the Aerospace & Defense industry average of 5.4%.
因此,無錫航亞科技有限公司的投資回報率爲8.8%。從絕對值來看,回報率很低,但比航空航天和國防行業5.4%的平均水平要好得多。
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240328/0-085b0f72e47993ca3f99f2f27fc1f608-0-e341bd9af65dd7502aeee7f54dc7c43a.png/big)
In the above chart we have measured Wuxi HyatechLtd's prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering Wuxi HyatechLtd for free.
在上圖中,我們將無錫HyatechLtd之前的投資回報率與之前的業績進行了對比,但可以說,未來更爲重要。如果你願意,你可以免費查看報道無錫HyatechLtd的分析師的預測。
What Does the ROCE Trend For Wuxi HyatechLtd Tell Us?
無錫航亞科技有限公司的投資回報率趨勢告訴我們什麼?
While in absolute terms it isn't a high ROCE, it's promising to see that it has been moving in the right direction. Over the last five years, returns on capital employed have risen substantially to 8.8%. The company is effectively making more money per dollar of capital used, and it's worth noting that the amount of capital has increased too, by 187%. So we're very much inspired by what we're seeing at Wuxi HyatechLtd thanks to its ability to profitably reinvest capital.
儘管從絕對值來看,它的投資回報率並不高,但它有望看到它一直朝着正確的方向前進。在過去五年中,已動用資本回報率大幅上升至8.8%。實際上,該公司每使用1美元資本就能賺更多的錢,值得注意的是,資本金額也增加了187%。因此,我們在無錫HyatechLtd看到的情況給我們帶來了極大的啓發,這要歸功於它能夠盈利地進行資本再投資。
Our Take On Wuxi HyatechLtd's ROCE
我們對無錫航亞科技有限公司投資回報率的看法
To sum it up, Wuxi HyatechLtd has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. And since the stock has fallen 28% over the last three years, there might be an opportunity here. So researching this company further and determining whether or not these trends will continue seems justified.
總而言之,無錫HyatechLtd已經證明它可以對業務進行再投資,並從所使用的資本中獲得更高的回報,這太棒了。而且,由於該股在過去三年中下跌了28%,因此這裏可能有機會。因此,進一步研究這家公司並確定這些趨勢是否會持續下去似乎是合理的。
On the other side of ROCE, we have to consider valuation. That's why we have a FREE intrinsic value estimation for 688510 on our platform that is definitely worth checking out.
在ROCE的另一方面,我們必須考慮估值。這就是爲什麼我們在平台上免費提供688510的內在價值估算值的原因,絕對值得一試。
If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity.
如果你想尋找收益豐厚的穩健公司,可以免費查看這份資產負債表良好且股本回報率可觀的公司名單。
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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。