Motic (Xiamen) Electric Group Co.,Ltd's (SZSE:300341) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Motic (Xiamen) Electric Group Co.,Ltd's (SZSE:300341) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
With its stock down 26% over the past three months, it is easy to disregard Motic (Xiamen) Electric GroupLtd (SZSE:300341). But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Specifically, we decided to study Motic (Xiamen) Electric GroupLtd's ROE in this article.
在过去三个月中,Motic(厦门)电气集团有限公司(深圳证券交易所股票代码:300341)的股票下跌了26%,很容易被忽视。但是,如果你密切关注,你可能会发现,鉴于市场通常会奖励财务状况良好的公司,其强劲的财务状况可能意味着该股的长期价值可能会增加。具体而言,我们决定在本文中研究摩迪克(厦门)电气集团有限公司的投资回报率。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
股本回报率或投资回报率是对公司增值和管理投资者资金的有效性的考验。简而言之,它用于评估公司相对于其股权资本的盈利能力。
How Is ROE Calculated?
ROE 是如何计算的?
The formula for ROE is:
ROE 的公式是:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回报率 = 净利润(来自持续经营业务)÷ 股东权益
So, based on the above formula, the ROE for Motic (Xiamen) Electric GroupLtd is:
因此,根据上述公式,Motic(厦门)电气集团有限公司的投资回报率为:
11% = CN¥205m ÷ CN¥1.8b (Based on the trailing twelve months to September 2023).
11% = 2.05亿元人民币 ¥18亿元人民币(基于截至2023年9月的过去十二个月)。
The 'return' is the profit over the last twelve months. That means that for every CN¥1 worth of shareholders' equity, the company generated CN¥0.11 in profit.
“回报” 是过去十二个月的利润。这意味着,每持有价值1元人民币的股权,公司就会产生0.11元人民币的利润。
What Has ROE Got To Do With Earnings Growth?
投资回报率与收益增长有什么关系?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. 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. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes.
到目前为止,我们已经了解到,投资回报率衡量的是公司创造利润的效率。根据公司选择将多少利润进行再投资或 “保留”,我们便能够评估公司未来创造利润的能力。一般而言,在其他条件相同的情况下,股本回报率和利润留存率高的公司的增长率要高于不具有这些属性的公司。
Motic (Xiamen) Electric GroupLtd's Earnings Growth And 11% ROE
Motic(厦门)电气集团有限公司的收益增长和11%的投资回报率
To start with, Motic (Xiamen) Electric GroupLtd's ROE looks acceptable. On comparing with the average industry ROE of 7.2% the company's ROE looks pretty remarkable. This certainly adds some context to Motic (Xiamen) Electric GroupLtd's decent 12% net income growth seen over the past five years.
首先,Motic(厦门)电气集团有限公司的投资回报率似乎可以接受。与7.2%的行业平均投资回报率相比,该公司的投资回报率看起来相当可观。这无疑为Motic(厦门)电气集团有限公司在过去五年中实现了12%的可观净收入增长增添了一些背景信息。
Next, on comparing Motic (Xiamen) Electric GroupLtd's net income growth with the industry, we found that the company's reported growth is similar to the industry average growth rate of 14% over the last few years.
接下来,在将Motic(厦门)电气集团有限公司的净收入增长与该行业的净收入增长进行比较时,我们发现该公司报告的增长与过去几年14%的行业平均增长率相似。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240224/0-e06489277f27bf16148bab6f56aa766b-0-f9a72232d0da93e41f855bd3ede73b5d.png/big)
Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Has the market priced in the future outlook for 300341? You can find out in our latest intrinsic value infographic research report
收益增长是股票估值的重要因素。无论如何,投资者应设法确定预期的收益增长或下降是否已计入其中。通过这样做,他们将知道股票是走向清澈的蓝色海水还是沼泽水域在等着呢。市场在未来展望中是否定价为300341?你可以在我们最新的内在价值信息图研究报告中找到答案
Is Motic (Xiamen) Electric GroupLtd Using Its Retained Earnings Effectively?
Motic(厦门)电气集团有限公司是否有效使用其留存收益?
In Motic (Xiamen) Electric GroupLtd's case, its respectable earnings growth can probably be explained by its low three-year median payout ratio of 19% (or a retention ratio of 81%), which suggests that the company is investing most of its profits to grow its business.
就Motic(厦门)电气集团有限公司而言,其可观的收益增长可能是由于其三年期中位数支付率较低,为19%(或留存率为81%),这表明该公司正在将大部分利润投资于发展业务。
Moreover, Motic (Xiamen) Electric GroupLtd is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years.
此外,Motic(厦门)电气集团有限公司决心继续与股东分享利润,这是我们从其支付股息至少十年的悠久历史中推断出来的。
Conclusion
结论
Overall, we are quite pleased with Motic (Xiamen) Electric GroupLtd'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. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Remember, the price of a stock is also dependent on the perceived risk. Therefore investors must keep themselves informed about the risks involved before investing in any company. You can see the 1 risk we have identified for Motic (Xiamen) Electric GroupLtd by visiting our risks dashboard for free on our platform here.
总体而言,我们对Motic(厦门)电气集团有限公司的表现非常满意。特别是,很高兴看到该公司正在对其业务进行大量投资,再加上高回报率,这为其收益带来了可观的增长。考虑到每股收益如何影响长期股价,如果该公司继续以现有方式增长收益,这可能会对其股价产生积极影响。请记住,股票的价格还取决于感知的风险。因此,在投资任何公司之前,投资者必须随时了解所涉及的风险。您可以访问我们的 Motic(厦门)电气集团有限公司确定的 1 种风险 风险仪表板 在我们的平台上免费使用。
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。