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Is Wuxi NCE Power Co.,Ltd.'s (SHSE:605111) Latest Stock Performance A Reflection Of Its Financial Health?

Is Wuxi NCE Power Co.,Ltd.'s (SHSE:605111) Latest Stock Performance A Reflection Of Its Financial Health?

新潔能股份有限公司(SHSE:605111)的最新股票表現反映其財務健康狀況嗎?
Simply Wall St ·  07/21 21:54

Most readers would already be aware that Wuxi NCE PowerLtd's (SHSE:605111) stock increased significantly by 45% over the past three months. 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. Specifically, we decided to study Wuxi NCE PowerLtd's ROE in this article.

大部分投資人可能已經知道無錫NCE動力股份有限公司(SHSE: 605111)的股票在過去三個月內顯著增長了45%。由於市場通常會爲公司的長期基本面支付,因此我們決定研究公司的關鍵業績指標,以了解它們是否影響市場。具體而言,我們決定在本文中研究無錫NCE動力股份有限公司的ROE。

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital.

股東應考慮的重要因素是淨資產收益率或roe,因爲它告訴他們投資的資本如何被有效地再投資。簡單來說,它用於評估公司與其股權資本相關的盈利能力。

How To Calculate Return On Equity?

如何計算股東權益報酬率?

Return on equity can be calculated by using the formula:

股東權益報酬率可以使用以下公式計算:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

淨資產收益率 = 淨利潤(從持續經營中獲得)÷ 股東權益

So, based on the above formula, the ROE for Wuxi NCE PowerLtd is:

因此,基於以上公式,無錫NCE動力股份有限公司的ROE是:

9.4% = CN¥353m ÷ CN¥3.8b (Based on the trailing twelve months to March 2024).

9.4%= CN¥ 35300萬 ÷ CN¥ 38億(基於截至2024年3月的過去十二個月)。

The 'return' is the profit over the last twelve months. Another way to think of that is that for every CN¥1 worth of equity, the company was able to earn CN¥0.09 in profit.

“回報”是過去十二個月的利潤。 另一種思考方法是,對於每個元股權,公司能夠賺取0.09元的利潤。

Why Is ROE Important For Earnings Growth?

ROE爲什麼對淨利潤增長很重要?

So far, we've learned that ROE is a measure of a company's profitability. 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. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.

到目前爲止,我們已經了解到roe是公司盈利能力的一種衡量標準。根據公司選擇重新投資或“留存”的利潤比例,我們能夠評估公司未來產生利潤的能力。其他條件不變的情況下,roe和盈利留存越高,相較於不具備這些特徵的公司,企業的增長率越高。

Wuxi NCE PowerLtd's Earnings Growth And 9.4% ROE

無錫NCE PowerLtd的盈利增長和9.4%的roe

At first glance, Wuxi NCE PowerLtd's ROE doesn't look very promising. Although a closer study shows that the company's ROE is higher than the industry average of 5.8% which we definitely can't overlook. Particularly, the substantial 27% net income growth seen by Wuxi NCE PowerLtd over the past five years is impressive . That being said, the company does have a slightly low ROE to begin with, just that it is higher than the industry average. Hence, there might be some other aspects that are causing earnings to grow. Such as- high earnings retention or the company belonging to a high growth industry.

乍一看,無錫NCE PowerLtd的roe並不十分令人滿意。然而更詳盡的研究表明,該公司的roe高於行業板塊的平均水平5.8%,這是我們絕對不能忽視的。值得一提的是,在過去五年中,無錫NCE PowerLtd的淨利潤增長高達27%,非常令人印象深刻。即便如此,該公司的roe仍然略低於行業平均水平,但仍然高於行業平均水平。因此,可能還有一些其他因素導致盈利增長,例如高額留存收益或者該公司屬於高增長行業等。

As a next step, we compared Wuxi NCE PowerLtd'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 20%.

接着,我們將無錫NCE PowerLtd的淨利潤增長與行業板塊進行比較,令人欣慰的是,我們發現該公司的增長高於行業板塊的平均增長率20%。

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SHSE:605111 Past Earnings Growth July 22nd 2024
SHSE:605111過去的盈利增長2024年7月22日

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). Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about Wuxi NCE PowerLtd's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.

盈利增長是考慮股票估值時的重要指標。投資者重要了解市場是否已經將公司預期的盈利增長(或者下降)價格確定。這將有助於他們判斷該股票未來的前景是看漲還是看跌。如果你想了解無錫NCE PowerLtd的估值情況,請查看它的市盈率與行業的比較。

Is Wuxi NCE PowerLtd Efficiently Re-investing Its Profits?

無錫NCE動力股份有限公司在高效地重新投資其利潤嗎?

Wuxi NCE PowerLtd's three-year median payout ratio to shareholders is 19%, which is quite low. This implies that the company is retaining 81% 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.

無錫NCE PowerLtd向股東支付的三年中位數股息比率爲19%,相當低。這說明該公司留存了81%的利潤。這表明管理層正在將大部分利潤投資於發展業務,正如該公司所展現出的增長。

Additionally, Wuxi NCE PowerLtd has paid dividends over a period of three years which means that the company is pretty serious about sharing its profits with shareholders. Upon studying the latest analysts' consensus data, we found that the company is expected to keep paying out approximately 21% of its profits over the next three years. Still, forecasts suggest that Wuxi NCE PowerLtd's future ROE will rise to 13% even though the the company's payout ratio is not expected to change by much.

此外,無錫NCE動力股份有限公司已經連續三年派發股息,這意味着公司非常重視與股東分享其利潤。在研究最新的分析師共識數據時,我們發現該公司預計在未來三年保持將近21%的利潤支出。儘管公司的支付比例不會有太大變化,但預測表明無錫NCE動力股份有限公司未來的ROE將提高到13%。

Summary

總的來說,我們對偉明環保的表現非常滿意。具體而言,我們喜歡公司以高回報率再投資了其利潤的很大一部分。當然,這導致公司的收益大幅增長。但是,最新的行業分析師預測表明,該公司的收益預計將加速增長。

In total, we are pretty happy with Wuxi NCE PowerLtd's performance. In particular, it's great to see that the company has seen significant growth in its earnings backed by a respectable ROE and a high reinvestment rate. Having said that, the company's earnings growth is expected to slow down, as forecasted in the current analyst estimates. 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.

總之,我們對無錫NCE PowerLtd的表現非常滿意。特別是,該公司的盈利增長受到可觀的roe和高比率的再投資支持,這是非常不錯的。然而,根據目前的分析師預測,該公司的盈利增長預計將放緩。這些分析師的預測是基於行業的廣泛預期還是基於公司的基本面?請點擊此處進入我們分析師的預測頁面,以了解更多詳情。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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