Noblelift Intelligent EquipmentLtd (SHSE:603611) Is Doing The Right Things To Multiply Its Share Price
Noblelift Intelligent EquipmentLtd (SHSE:603611) Is Doing The Right Things To Multiply Its Share Price
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So on that note, Noblelift Intelligent EquipmentLtd (SHSE:603611) looks quite promising in regards to its trends of return on capital.
如果我們想找到潛在的多袋裝袋機,通常有一些潛在的趨勢可以提供線索。首先,我們希望看到經過驗證的 返回 關於正在增加的資本使用率(ROCE),其次是擴大 基礎 所用資本的比例。基本上,這意味着公司擁有可以繼續進行再投資的盈利計劃,這是複合機器的特徵。因此,從這個角度來看,Noblelift智能設備有限公司(SHSE: 603611)的資本回報率趨勢看起來相當樂觀。
What Is Return On Capital Employed (ROCE)?
什麼是資本使用回報率(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. Analysts use this formula to calculate it for Noblelift Intelligent EquipmentLtd:
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。分析師使用這個公式來計算Noblelift智能設備有限公司的利潤:
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)
0.17 = CN¥522m ÷ (CN¥9.1b - CN¥6.1b) (Based on the trailing twelve months to December 2023).
0.17 = 5.22億元人民幣 ÷(91億元人民幣-61億元人民幣) (基於截至2023年12月的過去十二個月)。
So, Noblelift Intelligent EquipmentLtd has an ROCE of 17%. In absolute terms, that's a satisfactory return, but compared to the Machinery industry average of 6.3% it's much better.
因此,Noblelift智能設備有限公司的投資回報率爲17%。從絕對值來看,這是一個令人滿意的回報,但與機械行業平均水平的6.3%相比,回報要好得多。
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240424/0-41951b96e2781453cb91f9b058b958ef-0-0c18c7855fe24dc4ec522d02e4a9b887.png/big)
In the above chart we have measured Noblelift Intelligent EquipmentLtd's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for Noblelift Intelligent EquipmentLtd .
在上圖中,我們將Noblelift智能設備有限公司之前的投資回報率與之前的表現進行了對比,但可以說,未來更爲重要。如果你有興趣,可以在我們的Noblelift Intellift Intelligent EquipmentLtd的免費分析師報告中查看分析師的預測。
The Trend Of ROCE
ROCE 的趨勢
We like the trends that we're seeing from Noblelift Intelligent EquipmentLtd. The numbers show that in the last five years, the returns generated on capital employed have grown considerably to 17%. The amount of capital employed has increased too, by 65%. So we're very much inspired by what we're seeing at Noblelift Intelligent EquipmentLtd thanks to its ability to profitably reinvest capital.
我們喜歡從Noblelift智能設備有限公司看到的趨勢。數字顯示,在過去五年中,所用資本的回報率已大幅增長至17%。使用的資本金額也增加了65%。因此,我們在Noblelift智能設備有限公司所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。
For the record though, there was a noticeable increase in the company's current liabilities over the period, so we would attribute some of the ROCE growth to that. The current liabilities has increased to 67% of total assets, so the business is now more funded by the likes of its suppliers or short-term creditors. And with current liabilities at those levels, that's pretty high.
但是,記錄在案的是,該公司的流動負債在此期間顯著增加,因此我們將投資回報率的部分增長歸因於此。流動負債已增加到總資產的67%,因此該業務現在更多地由供應商或短期債權人等機構提供資金。而且,在流動負債處於這些水平的情況下,這是相當高的。
Our Take On Noblelift Intelligent EquipmentLtd's ROCE
我們對Noblelift智能設備有限公司ROCE的看法
A company that is growing its returns on capital and can consistently reinvest in itself is a highly sought after trait, and that's what Noblelift Intelligent EquipmentLtd has. Since the stock has only returned 14% to shareholders over the last five years, the promising fundamentals may not be recognized yet by investors. So with that in mind, we think the stock deserves further research.
一家資本回報率不斷提高且能夠持續進行自我再投資的公司是一個備受追捧的特徵,而這正是Noblelift Intellift Intelligent EquipmentLTD所具備的。由於該股在過去五年中僅向股東回報了14%,因此前景良好的基本面可能尚未得到投資者的認可。因此,考慮到這一點,我們認爲該股值得進一步研究。
If you'd like to know more about Noblelift Intelligent EquipmentLtd, we've spotted 2 warning signs, and 1 of them makes us a bit uncomfortable.
如果你想進一步了解Noblelift Intelligent EquipmentLTD,我們已經發現了2個警告標誌,其中一個讓我們有點不舒服。
While Noblelift Intelligent EquipmentLtd isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets.
儘管Noblelift Intelligent EquipmentLTD的回報率並不高,但請查看這份免費清單,列出了資產負債表穩健的股本回報率高。
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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。