Are Strong Financial Prospects The Force That Is Driving The Momentum In Beauty Farm Medical and Health Industry Inc.'s HKG:2373) Stock?
Are Strong Financial Prospects The Force That Is Driving The Momentum In Beauty Farm Medical and Health Industry Inc.'s HKG:2373) Stock?
Beauty Farm Medical and Health Industry's (HKG:2373) stock is up by a considerable 11% 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. In this article, we decided to focus on Beauty Farm Medical and Health Industry's ROE.
美容農場醫療和健康行業(HKG:2373)的股票在過去一個月上漲了11%。由於市場通常關注公司的長期基本面,我們決定研究公司的關鍵績效因數,以查看它們是否可能影響市場。本文中,我們將重點關注美容農場醫療和健康行業的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. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
股東需要考慮的一個重要因素是股本回報率或ROE,因爲它告訴他們資本是如何有效地再投資的。換句話說,它是一個盈利能力比率,衡量公司股東提供的資本的回報率。
How Is ROE Calculated?
淨資產收益率怎麼計算?
Return on equity can be calculated by using the formula:
淨資產收益率可以通過以下公式計算:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股東權益回報率 = 凈利潤(來自持續運營)÷ 股東權益
So, based on the above formula, the ROE for Beauty Farm Medical and Health Industry is:
因此,根據上述公式,美容農場醫療和健康行業的ROE爲:
27% = CN¥235m ÷ CN¥871m (Based on the trailing twelve months to June 2024).
27% = CN¥23500萬 ÷ CN¥87100萬(基於截至2024年6月的過去12個月)。
The 'return' refers to a company's earnings over the last year. That means that for every HK$1 worth of shareholders' equity, the company generated HK$0.27 in profit.
'回報'指的是公司過去一年的收益。這意味着,對於每1港元的股東權益,公司產生了0.27港元的利潤。
What Is The Relationship Between ROE And Earnings Growth?
What Is The Relationship Between ROE And Earnings Growth?
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. 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.
我們已經意識到,ROE作爲公司未來盈利的有效衡量值。根據公司重新投資或「保留」這些利潤的程度,以及公司有效地運用這些利潤的程度,我們就能評估公司的盈利增長潛力。假設其他所有因素保持不變,ROE和利潤保留越高,增長率就會越高,相比於沒有這些特點的公司,公司的增長率就會更高。
Beauty Farm Medical and Health Industry's Earnings Growth And 27% ROE
美容農場醫療健康行業的收益增長和27%的ROE
First thing first, we like that Beauty Farm Medical and Health Industry has an impressive ROE. Second, a comparison with the average ROE reported by the industry of 12% also doesn't go unnoticed by us. This likely paved the way for the modest 11% net income growth seen by Beauty Farm Medical and Health Industry over the past five years.
首先,我們喜歡美容農場醫療健康行業有令人印象深刻的ROE。其次,與行業平均ROE 12%的比較也引起了我們的注意。這可能爲美容農場醫療健康行業在過去五年11%的凈利潤增長鋪平了道路。
We then compared Beauty Farm Medical and Health Industry's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 6.8% in the same 5-year period.
然後,我們將美容農場醫療健康行業的凈利潤增長與行業進行了比較,我們很高興看到該公司的增長數據在同一五年期間對比行業6.8%的增長率更高。
Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. If you're wondering about Beauty Farm Medical and Health Industry's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
盈利增長是評估股票時需要考慮的重要指標。 投資者接下來需要判斷的是,預期的盈利增長或其缺乏是否已經反映在股價中。 通過這樣做,他們將對這隻股票是進入清澈的沃特世,還是等待沼澤般的水域有一個大致的了解。 如果您在想美容農場醫療和健康行業的估值,可以查看其市盈率與同行業的比較。
Is Beauty Farm Medical and Health Industry Using Its Retained Earnings Effectively?
美容農場醫療和健康行業是否有效利用其留存盈餘?
Beauty Farm Medical and Health Industry has a healthy combination of a moderate three-year median payout ratio of 45% (or a retention ratio of 55%) and a respectable amount of growth in earnings as we saw above, meaning that the company has been making efficient use of its profits.
美容農場醫療和健康行業有一個健康的組合,三年中位數派息比率爲45%(或留存比率爲55%),以及如上所述的相當可觀的盈利增長,這意味着該公司一直在有效利用其利潤。
Along with seeing a growth in earnings, Beauty Farm Medical and Health Industry only recently started paying dividends. Its quite possible that the company was looking to impress its shareholders.
除了盈利增長之外,美容農場醫療和健康行業最近才開始支付分紅派息。 公司很可能是想給股東留下深刻印象。
Conclusion
結論
Overall, we are quite pleased with Beauty Farm Medical and Health Industry's performance. 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. With that said, the latest industry analyst forecasts reveal that the company's earnings are expected to accelerate. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.
總體來說,我們對美容農場醫療和健康行業的表現感到非常滿意。特別是看到公司在其業務上進行大量投資,並且伴隨着高回報率,這導致其收益顯著增長。話雖如此,最新的行業分析師預測顯示,公司的收益預計將加速增長。要了解有關公司未來收益增長預測的更多信息,請查看這份關於公司分析師預測的免費報告,以了解更多。
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.
對本文有反饋?對內容有疑慮?請直接與我們聯繫。或者,發送電子郵件至 editorial-team (at) simplywallst.com。
這篇來自Simply Wall ST的文章是一般性的。我們根據歷史數據和分析師預測提供評論,採用無偏見的方法,我們的文章並不旨在提供財務建議。它不構成對任何股票的買入或賣出建議,也未考慮到您的目標或財務狀況。我們旨在爲您提供以基本數據驅動的長期分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall ST在提到的任何股票中均沒有持倉。