Returns Are Gaining Momentum At Shenzhen KSTAR Science and Technology (SZSE:002518)
Returns Are Gaining Momentum At Shenzhen KSTAR Science and Technology (SZSE:002518)
There are a few key trends to look for if we want to identify the next multi-bagger. 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. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. With that in mind, we've noticed some promising trends at Shenzhen KSTAR Science and Technology (SZSE:002518) so let's look a bit deeper.
如果我們想找到下一個多倍投資回報,就應該關注以下幾個關鍵趨勢。在完美世界中,我們希望看到一家公司將更多的資本投資其業務,並且理想情況下,從這些資本中獲得的回報也在增加。簡單地說,這些類型的公司是循環複利的機器,意味着它們不斷地以越來越高的回報率再投資其收益。考慮到這一點,我們注意到深圳市科星科技股份有限公司(SZSE:002518)有一些有希望的趨勢,所以我們來深入了解一下。
Return On Capital Employed (ROCE): What Is It?
資本僱用回報率(ROCE)是什麼?
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. Analysts use this formula to calculate it for Shenzhen KSTAR Science and Technology:
對於不了解的人來說,ROCE是公司年利潤(其回報)相對於業務中使用的資本的衡量標準。分析師使用這個公式來計算深圳市科星科技股份有限公司的ROCE:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
資產僱用回報率(ROCE)是指企業利潤,即企業稅前利潤除以企業投入的總資本(負債加股權)。如果ROCE高於企業財務成本的承受能力,那麼企業就會創造出更多的價值。
0.15 = CN¥726m ÷ (CN¥6.7b - CN¥2.0b) (Based on the trailing twelve months to March 2024).
0.15 = 片段- (截至2024年3月的過去12個月中,CN¥72,600萬 ÷ (CN¥67億 - CN¥2.0b)。
So, Shenzhen KSTAR Science and Technology has an ROCE of 15%. On its own, that's a standard return, however it's much better than the 6.0% generated by the Electrical industry.
深圳科士達科技的資本回報率爲15%。單獨看,這是一個標準的回報率,但比電氣行業的6.0%要好得多。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240723/0-af1fbce6dc8e5cdee891070860aefbfd-0-802fb131991bfef63f1e5fa2f2243435.png/big)
Above you can see how the current ROCE for Shenzhen KSTAR Science and Technology compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free analyst report for Shenzhen KSTAR Science and Technology .
上面你可以看到深圳市科星科技股份有限公司現在的資本回報率與以前的回報率相比的情況,但過去的情況能夠告訴我們的也只有那麼多。如果您有興趣,您可以在我們的深圳市科星科技股份有限公司免費分析師報告中查看分析師的預測。
How Are Returns Trending?
綜合上述,Cimpress非常有效地提高了其資本利用率所產生的回報。考慮到股票過去五年保持穩定,如果其他指標也不錯,則可能存在機會。因此,進一步研究這家公司並確定這些趨勢是否會持續是合理的。
The trends we've noticed at Shenzhen KSTAR Science and Technology are quite reassuring. Over the last five years, returns on capital employed have risen substantially to 15%. 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 79%. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed.
我們注意到深圳市科星科技股份有限公司的趨勢非常令人放心。在過去的五年中,資本僱用回報率已經大幅上升到15%。公司有效地使用更多資本賺取更多的利潤,值得注意的是,資本金額也增加了79%。日益增長的資本回報是多倍投資回報的共同特徵,這就是爲什麼我們印象深刻的原因。
What We Can Learn From Shenzhen KSTAR Science and Technology's ROCE
從深圳市科星科技股份有限公司的ROCE中我們能夠得到哪些信息?
In summary, it's great to see that Shenzhen KSTAR Science and Technology can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. And a remarkable 131% total return over the last five years tells us that investors are expecting more good things to come in the future. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence.
總的來說,看到深圳市科星科技股份有限公司通過以不斷增加的回報率持續再投資資本來複合回報讓人欣喜,因爲這是尋找多倍投資回報的關鍵因素之一。在過去五年中,總回報率驚人的達到了131%,這意味着投資者預期未來會有更多的好消息。話雖如此,我們仍認爲這個具有可觀基礎的公司需要仔細的調查研究。
One more thing: We've identified 2 warning signs with Shenzhen KSTAR Science and Technology (at least 1 which can't be ignored) , and understanding these would certainly be useful.
還有一件事:我們找到了深圳市科星科技股份有限公司的2個警告信號(至少有1個不能忽視),了解這些信號肯定是有用的。
While Shenzhen KSTAR Science and Technology isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets.
雖然深圳市科星科技股份有限公司的回報率不是最高的,但請查看這個免費列表,其中包含那些在資產負債表上固態資產的回報率很高的公司。
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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。